Saturday, January 9, 2010

Swing possibilities: AA (short)... GE (long)... QID... more...

looking at both long and short swing opps...

SHORT
(1) considering SHORT AA... on monday... sell into any further rally... chart suggests pullback... more analysis and details later, along with other Long / Shorts

(2) Also currently short QQQQ (via long QID) ... i'm in QID for the second try.... toook loss on first try, then bought back lower... QID poss bear HS 60min so watching it... but also bullish QID indicators prompted me to go in QID

(3) Considering short financials via long SKF / FAZ... waiting for SKF consolodation and base to form, waiting to see if it declines further or gives a type of dbl bottom

LONG
(1) GE (current swing position) is is starting to carve a bearish divergence, but looks like it still has some more upside before the bearish divergences complete their formations and susbsequetnly manifest themselves in a move down... sold some already for profit..might add more shares on monday....requires more analysis tho...

GE swing has been VERY GOOD so far, over 5% in one day,,, up nicely...

(2) more analysis and details later, along with other Long / Shorts




* 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".

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