Friday ramblings / Thurs eve futures

358
i will sell some tza AH at 9.21 and 9.26 limit... just a small piece for fun.. prob not filled

345
daily and 60min tza make me "comfortable" holding it

337
113.79 limit sell some spy

334
lim sell tza 9.26 if filled

332
i might keep a SMALL piece of tza over weekend..

328
2000 tza lim 9.14

324
1000 tza limit 9.14 if filled

309
tza 9.12 considering..maybe

259
partial fill on the 9.23 tza limit buy...

256
tza bull pennant could limit its upside poten for today

252
if charts show this was just a test of support on tues i would consider tna... right now this looks like there is unfinished biz on the downside

247
large port buying tza limit 9.23 ...order valid next 30 minutes

244
charts b4 really suggested TZA would hit the 9.38 target today...it hasnt...grr .. last 9.24

243
its ok if tza chops around here...then the next move will hit the targets from here

241
i will keep the vxx overnite........ will sell most if not all tza....... bounce on tues possible

240
also they could hit the 1128 spx on a power move down ... last 1133 spx

233
tza is asleep...no participitating.. cmon wake up lol

232
yup ... didnt think 1135 would be pierced higher...it held...thats why i dumped the SPY longs at 113.49
 
226
thus far 1135 R has held...

219
charts suggest higher spy but lots of R here...wanted profits... got the last 25% for any surge up

217
dumping all spy in large port except 25%.... 113.49

214
stop 9.17 tza ... can always buy back...needs to hold 919

211
here is spx 1135 test i expected... see what it does here

208
60min tza bull flag

206
spy targets 113.50.... 113.67....limit orders selling taking profits (large port0

202
large port taking


more profits .50 spy..... saving some for higher of course
 
 
159
out of spy for now...small scalp profits only... no biggie (large portkeeing spy with stop set to cost)

157
small port stop .41 spy

155
small port...spy stop .38.........spy holds .40 or out

153
small port stop .36 above cost ...no sense taking loss in spy

151
large port taking some profits .50 spy

147
spy bouncing as expected...see how high it can go

142
and 1/12 daily and 1/13... same pattern

141
look at 12/31 red candle, and green candle the next day... that could happn again... bounce on tues

130
bounce likely now in the SPY...long spy

105
long spy 500 shrs 113.33 stop 113.17

1256
tza daily and 60min suggest more upside in coming days.... after possible pullbak to 9.08

1254
tza is getting tired on the 10 n 15min charts,,,suggesting a pullback... but looking for a push higher before the pullbak

1247
lots of R here in tza at this level up to 946ish...see if it claws up

1243
938 still tza target...but looking for higher maybe 943..for next target... swing position tza has higher targets

1242
i did NOT add more


tza to large port at 9.27, only small

port... plenty tza left in large port
 
1238
tza over 9.19 is ok...decline there ok....

1236
2000 tza 9.28 limit if filled

1234
*938 not 1938 lol

1233
large port tza trgt now 1938

1231
spx just broke that bear wedge and is now converting it to a bear channel

1230
spx headed lower to support / prior low for dbl top formation

1229
i'm stopped out of sso and spy... loss there.... 2 losses today (sso/spy, GE), 1 winner (tza), unrealize profit in vxx

1227
10min spx might be forming a bull falling wedge, but there is plenty of room for more downside before it results in bounce...

1215
vxx bull pennant

1212
spx i now testing the broken bear pennant line... now that the bear pennant caused the downside, a retracement is up possible

1158
spx is forming a daytrade bull diverg but unsure if my stops will hold

1153
spystop 113.47

1152
113.68 buy spy 400 shrs if didnt get filled b4

1150
testing the pennant R line AGAIN now... lower test since the line is sloped down in spx

1146
an spx crouching tiger is trying to form but only at 71% confid here

1143
spx needs to break over that R line from the bear pennant  ... testing it now

1128
sso 10min wicks suggest bounce tho... mixed signals, which makes sense in sideways movement

1124
backtesting it now....

1123
R held...bear pennant broke to downside..look for backtest now back up

1120
spx is rite at the pennant R here

1119
spx 15min bear pennant forming...see if it continues to form or breaks higher... continue to form would be bearish ...

1109
400 spy 113.70 buy

1103
ahh....only large port buying sso... small port has no buying power lol for these 2x etfs

1101
buying 1000 sso 3980

1053
larger port tza target still 938... selling pieces at 917-920

1050
nervous sso could exit here at .86 near breakeven...i'll stay in

1048
vxx target 3033 next... but will prob not sell there.... 2986 last

1043
vxx trade up 4% today ... loss on GE

1042
vxx trade up 4% today

1041
sso 3957 stop

1038
charts suggest a bounce here but if its powerful enough it can blast thru today's lows... still long small piece in sso

1023
bought 1000 sso at 3991

1022
buy 1000 sso 39.88 limit if filled

1020
wow... pfe made a high of 19.68.... me EXACT target from yesterday

1017
vxx up 3% :) :)

1014
sold tza 9.12

1013
stop 912 tza

1009
tza stop 9.07 on 1000 shrs

1008
tza 917 target hit.... 938 next.... might sell it here if it retreats or stalls


1006
tza targets 917 938

1003
grr out of GE... loss... tza and vxx green tho

1000
GE has support at 1644 which is why i had the stop at 1637... but this move is fierce and i dont want to risk a penetration... so stop set at 1647 instead...tite... will just take the loss if stopped

959
i am still holding my TZA have not sold

955
ge stop 1647

954
ge stop 1637

953
spx support 1140 last 1142

948
tza at R here at 8.89... pullback is ok

946
vxx up 1.25%,,, tza +0.91%

940
mental stop ge 16.50

939
bought 1000 GE long 16.65

9:35
VXX gapped up this morn...see if it can hold above yesterdays close or yest low

9:34
PFE hit the 1953 target from yest. other target still 1968,,,, hi today 1960. i have no position in it now

9:33
tza down while spx down...hmm

* 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".