Thursday thoughts

412
KO could move higher to a new high daily,,,small position taken in KO coca cola (re-entry)

356
this area on spx,,,is like standing at service line on tennis court instead of baseline,,,,swings almost no mans land,,longs setup came lower,,,shorts need higher,,,to me,,,,other opps can be found in stocks or commodities vs the indice etfs like spy qqq dia tza

320
1352 is es trgt on 3min close over 1346.50

316
my software threw a buy signal 80% on ES 3min,, 1344.50 ES

315
this is second try at SLV to break the 60min DTL resist,,,often needs 3 so possibly a bull wedge as price goes lower,,then could break on next move up,,but so far,,,the second lower low was marginal,,,why thinking mayb wedge

312
also...slv 60min: may break the DTL,,,or looks to at least be forming a bull falling wedge atm, for multi day swings

308
1340/1346 supp resist,,, break of either ES likely to continue in direction of break up or down

307
15min ES has a bull flag atm,,,needs to break the flag resis line,, forming a bull harami 15min atm,,,1340/1346 supp resist

255
taking half of PFE off here 20.90,,keeping other half

235
ffiv at 106 trgt here but trying to hold for 109 if able, comoing days

215
if PFE doesnt hit 2114 today,,,i  might raise the sell lim to 21.40 on that half instead,,,on another day it can move above its prior daily hi,,,for half pfe

207
PFE hit the 2096 trgt but still trying for the 21.14 instead via lim order

205
FFIV   PFE   F  all approaching first targets ,,,not hit yet

155
SLV 3469 from 3197 low, for a crazy 8.47% daily range,,,SLV still needs to break over its 60min dowtrendline and then expecting test of higher trgts

145
adding second piece of CORN here 42.51

128
nearer term,,,from 10:58AM:::: imo for multihour holds,,,if ES gets a 60min close over 1342 then it is likely to continue higher for another 4 hours after that candle close,,,,,ES got the candle close,,,often this is a "buy the dip" setup for multihour holds

126
my charts show higher SPX,,,,,,, BUT the bulls really need a higher hi over 1375 spx, ELSE this daily action could be bearish institutional distribution,,, but for now no sell signal yet

116
half off here 1346 for 6 points ES (via spy),,,took early,,,been wild rdie

111
still have the PFE lim  order to sell half at 2114

101
ES trying to break higher here for second trgtr

1234
3min ES mini bull flag has broken its resist line,,,watching to see if makes new daily hi or not

1205
lim order to sell half SPY 135.40 if able

1152
watching reaction to this test here: pb??? marginal 2 point break? or a 5+point 5min candle green?,,,it "could" surge on a break of resist,,if it can break it

1143
but 3min and 15min 60m suggesting break higher over it

1142
ES now testing wedn 15:00 hi on 60min chart

1124
if ES 3min stoch dips under 80 but stays over 60, it may do another one of those "higher hi" b4 3min chart pb,,,,15min chart supports this 3 min pattern but 60 min neutral

1106
i still think individ stocks perform better than SPY,,,F   PFE  FFIV  transports all doing better than spy position

1058
imo for multihour holds,,,if ES gets a 60min close over 1342 then it is likely to continue higher for another 4 hours after that candle close, huge dojis indecision now on 60min es, a 15min candle close under 1323 would be bearish for move continue to 1300,, in the meantime can scalp long support and short resist and hold longer if begins to break in direction of scalp

1021
Ford continues to do "ok" holding on as it did yest despite spx turmoil,,,F up 1% now

1016
cotton BAL is down this AM but continues to base,,,still see a bounce in BAL cotton and possiblly a powerful rally in coming days weeks, 20% higher

1015
ford F continues to do well in this SPX selloff early this morn,,,F has held green thus far

1014
Silver SLV continues its v volatile movements, but bull divergences continue to form on the 60min. i remain long in SLV with the starter position but am not adding more here. may add later

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Wednesday thoughts

1043
FFIV hit 106 trgt and pb to 105 last,,,,may re-enter again

1017
cotton now at "buy back what was sold yest" here at /CT 149.60, etf is BAL

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Wednesday thoughts

406

for wick followers, SPY wick Afterhours to 136ish



339

BAL has not moved down after 230pm,,,often it will move down after 230 due to CT trading pause hours



312

Going LONG in silver 3939 here,,,small position starter as its volatile, may add more later



258

BEARS for swings need to break 1330 spx, else it remains in a daily coil now for last 8 days,,, i remain bullish spx while over 1330



130

there is a possible bull W forming on SPY SPX 60min,,,idea only, still forming, on leg 3 of 4 on the W now



1243

daily spx still shows upchannel feom march 7 with 2 higher lows so far, and 1 higher hi



1220

adding piece #2 at 1337, spy 134.18



1157

the SPY lim buy order just got filled,



1121

F trgt daily 1560 area



1121

F should outperform SPY:  F up 0.75% today vs spy down .35%



1115

Ford F is also scalpable today,,it caught a bid this AM despite the ES decline,,notice the green 60min bar in F



1109

cotton CT is setting up a nice bull reversal pattern here,,,following expected roadmap, on 15 and 60m charts



1108

trying for a "stop run" on a marginal lower lo



1107

lim buy spy 134.91 if filled, 135.25 last



1104

 notice the 15min DTL test right here,,,will usually stall (sometimes overshoot) then correct lower one last time



1102

next 3min move down on ES should setup a buy scalp,,,could take 3-60 min



1043

FFIV hit 106 trgt and pb to 105 last,,,,may re-enter again



1017

cotton now at "buy back what was sold yest" here at /CT 149.60, etf is BAL



* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Tuesdau thoughts

320
PFE just hit 2095 or close enough to .96 daily trgt,,,still trying to sell at 21.14 instead, if able

313
................................................................................................
watcing to see if XOM can wake up or not in coming days,,,,red on that position atm but holding for now "down here"

309
watching IYT transportation index and compon proxy UNP: new 2011 highs for UNP,,,,the IYT is testing,, i remain long UNP

244
lim buy CORN again 4335 if filled

219
*103.87 stop[

216
103.88 stop on ffiv long scalps

212
10430  10470 trgt ffiv, last 10402 after moving after that PpP confirmation

202
now testing horiz resist on ffiv ,,15min chart,,,watching reaction,,,expecting break higher but stall/pb poss,,,,103.60 last

156
ffiv 104.30 trgt intraday

150
2085 last pfe

149
raising lim sell half PFE to 21.14 from 20.96 for now for higher gain if filled,

136
 still see a 20% move higher

136
5%+ish roi on that piece

135
8475 area is close enough to 8520 trgt,,,taking half of cotton shares BAL off here from 8050

120
*over 103.20

119
ffiv 15min bull harami, needs confirm with 15min candle close over 101.20, also bull macd PpP with same conf needed

1256
UNP (my proxy for transports) is testing its april high now (made a marginal new high already but watching to see if sustains, and where it closes)

1222
fwiw,,,intraday "inv head shoulder similarity pattern"--- could be a valid bull flag,,,: flag breaks higher, then retest to a higher low,,,can imitate an inv hs and be "valid" at highs

1219
BAL cotton now at 8269, considering the 8277 trgt hit,,,next 8520 bal from 80.47

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Thursday thoughts

355
interesting VIX: SPX comparison 4/18 and today: VIX double high vs spx higher low

241
lim sell half aapl 353.72

233
that 3min stochastic setup requires the proper confirgurations on the 15 and 60min charts,,,atm they are valid,,, would be invalidated on break of the 1336

230
The ES is setting up another one of those 3min stoch patterns,,,same one that worked 2 days ago,,,,: expecting over 80, lower to 60/60ish,,then over 80 again for higher prices, if pattern triggers, trgts would be the 1345/1350 to start

225
transports UNP has moved nicely from 100.00 to 101.86 last

222
heres the 1341 test (.75 satiffies),,, break higher would give 1345/then 1350 trgts

220
atm,,,3min is suggesting a 1341 test,,,but the 1336/41 is what i'm looking at

219
1336-1341 ES is now mans land scalpwise imo... over 1341 bullish under 1336 bearish

1245
*3525 was trgt,,typo

1225
hit 3477, under the 3425 trgt

1223
silver hort SLV is now at decent swing target lower, after falling 25%

1221
BNI diff read due to huge gap up

1220
transports:  a comparison of FDX  UPS  UNP on transports (holdings in IYT) suggests to me UNP is a nice option,,,higher highs from April, breakout few days ago, yest backtest

1214
8580--8600 trgt for half the newly entered BAL this morn from 80.00ish

1210
the pattern on cotton BAL,,often it will make a LOWER high, then a HIGHER low,,and complete the bottoming process for a power rally higher, on the 60min chartt, in coming hours days

1204
TZA daily bear dark cloud cover atm (bullish for russel long, bearish for tza)

1104
back in cotton again, BAL 80ish

1100
CORN came a few cents from .85 stop but didnt stop out,,hit .89,,,i am lowering the stop for now to allow a little room and watch reaction here


* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Tuesdau thoughts

355
selling all spy scalp except last 25% of shares,1353.25 ES

349
took half of scalp off,,,about 4 es pts

347
theres the stoch move back up,,.,watching to see if can push price to scalp trgt or not

346
138.78 trgt b4 .94 trgt,,,watching both

337
heres the 3min stoch move to 70ish area,,,watching reaction for move to 20 or higher again over 80,,,often on this pattern it will go back up

327
SPY is now stalling at the 15min DTL,,,stronger obviously than 3min dtl pierced b4

324
limit order to sell there if able

324
spy trgt scalp 135.95 for half

320
on this setup,,, ES 3min stochas 14,3,3 will often go lower to 75ish then back over 80 ,,last stoch 92

318
spy at algorithmic resist now on 15min,,,watching reaction

317
look at 3min aapl vs 3min spy and you can see the aapl scalp wayyyyyyy outperforms the spy

309
as expected, marginal es break over 3min dtl,,,watching if it can bounce now


249
Long spy at es 134775 long into the close

200
i am swing long xom here 85.37

115
sold half of BAL cotton 87.70ish

1228
if SPY breaks 60min DTL it would be bullish, its not broken higher yet (SPY and ES charts 60m are diff),,,, but if es spy move sideways here it can break it higher,,,watching reactions

1029
taking some aapl 348.26 here

1028
aapl again 348.11 lim if able, last 348.32

1003
es now testing horizon resist 1357 after the trendline break bigher,,,resist is resist until broken

1002
ES 60min has a marginal break over its 60min DTL,,,the spx does not have the break yet,,reactions here could set the tone for remainder of day

958
AAPL nice big green 60min bar to start, if holds

937
back in CORN long swing 4565 here, stop 43.85

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Monday thoughts

237
aapl 347.20 here could work, stop 345.20

234
aapl corrected to 347ish as expected, watching reaction...holding supp thus far

210
84% buy signal,,,likely will trigger

208
IF ford decides to move up this PM,,that was one nasty 10 second stop sweep to 15.47,,,is why mental stops and "at the close" stops make sense for swings,,,with hard stops set much lower only to protect against fat fingers

203
buy alert at 80%,,,needs 85% to move, spx,, but 80% suggests 85% may come

148
spx bulls need a bigger  3min or 15min candle to move up,,,rite now the red candle is large with a trickle higher,,,a bigger 3min candle may trigger more

132
aapl may move lower a bit to test 347ish,,,if so may present long opp to add more shares to existing swing

129
aapl has pierced the 348 trgt higher but watching now for a 15m and 60m candle close over it

124
(inside larger daily bull flag)

123
aapl forming a bull diverg on 60min : price dbl bott vs higher macd but its not v strong div...still forming

118
a 15 or 60min close over 348 aapl would be bullish intraday for it, 347.50 last

111
aapl marginal piercing its 15min horiz resist higher now,,watching reaction

1258
added #2 spy at 1359 ES

1148
using SPY instead of SSO 2x or upro 3x for better volume on spy, and better afterhours fills if trading AH

1148
long scalp here SPY at ES 1363, spy 136.75

1124
this ES 3min red bar has higher volume than the opening bars 930am--10am

1029
if spx breaks the low from 2 days ago,,,may be a swing short entry,,but still bullish for higher until then

1017
also just went long F,,this is on an expected breakout intraday higher so more aggressive, 1560 F ford

1010
back in cotton again, holding swing from b4, this is daytrade/swing, at 87.25 BAL

BAL has been good for $2-5 intraday moves upward lately


* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".