Thurs ramblings (and Wednesday eve / Thurs morning pre-market ES )

400
summary: very good trades today. took a nasty loss on nvda but GE and other trades overpowered the loss for a net daily gain.

357
qid has stayed in its coil thus far.... thats good

343
if qid falls tomorrow... "should" find support 18.31ish

339
GE will prob gap down tomorrow or open flat and make a higher hi .... gap up with GE wouldnt be bullish i dont think...

338
so tomorrow---chance to go long qqqq or buy more qid....depends on direction of the break....bearish bias

327
13:11pm at current qid velocity and conditions.....tomorrow is est time of QID breakout from this coil...either up or down... but of course any gap open would change all that

323
charts allow for GE to do 1763,,,,over the 1749ish prior hi

321
qid pushing the 15min stoch down lower....good...fine... no downward prices to accompany it,,,,suggesting pop up /.... 14,3,3 stoch

318
and thinking GE will be one of those to lead the way up, if dow makes it

316
DOW now a meree 159 points from my 10,754 trgt max trgt b4 pullback 14%....target since nov

313
qid.... lower lows in price, higher lows in rsi...bullish too

313
qid 60min: lower price highs but higher rsi highs..... bullish

312
GE looks like it


wants 1671ish...unfinished upside

business... but i'm not holding it

overnite...not worth risk of Friday

reports...last 1632
 
 
309
QID is just bouncing around in the coil....all normal so far

303
spx could see 1134 close... semi shoot star-doji type candle thing if 1134

301
qid back up...nervous qid can exit at small profit here...fro sure i'm staying in

251
YES.  SPX hit 1142... over the 1222pm target of 1141 (1222: crazy... spx 1141? maybe)

246
1653, 1672 GE trgt

231
glad to be out of faz for breakeven...down to 1657 now

228
small port: stop 1857 for 500 shrs,,,stop 1817 for 500 shrs... 1000 qid long at 18.80 avg cost

224
buying 500 qid 1879 limit

218
qid staying in coil, coil has bullish bias for qid (bear qqqq).... close to breakout of coil here... testing the R line

209
I want to see qid close today over 18.78 (preferably over 18.90)

208
stop 1817 for now

206
1881 qid filled 500 shrs for 25k port ...swing

201
lim changed to 1881 so can get fill on 1880 hit

200
25k port: 500 shrs qid lim 18.80
limit buy qid 18.80...for swing... but 1/2 swing positino not full size for now

155
qid in coil with 1880/1886 supp res at this time... waiting longer for qid entery

142
support levels with these 3x instruments are trickier than with 1x like qqqqq spy ....usually use the spy


or qqqq or xlf as triggers instead
 
 
142
faz 1680 holding but barely....close

140
25k ports should have a min $422 profit for today, even if stopped out of faz....

138
the better place for a stop is 1661 but i dont feel like risking more than breakeven for now....so stop on faz stays at 1677.....but 1661 is  a reasonable stop too

137
if faz can hold the .80....a nice intraday bull asc triangle is here for a pop up....see if the support holds

129
faz over 1680 is bullish for a pop...under that...iffy

127
ok on faz, intraday,,,, i have drawn 2 dtl... this is bullish for faz,,,indicates some up...usually the 3rd line designaltes "end of trend".......intraday only for daytrade,,,,,,3min charts


124
intraday the 60min and daily spy allow for more up, BUT the 15mins will rule the outcome.......15min is neutral now,,,imho

112
small ports bettr stop is 1677 risk 2 cents

110
mall ports can sell


1000 faz here for $80 quik profit

scalp
 
110
1697ish faz trgt for now

109
small ports stop 1679 faz for breakeven..... or 1673... free ride trade

107
oops just noticed the rest of sso got stopped out for breakeven...took the other lil profits b4....

106
92% confid faz bull crouch tiger if faz ovwer .75

105
ah theres the faz .81.... see if it can hold over it....

104
wow that 1639 took out all my GE except the last 25%....will hold that at breakeven like always

103
among other indicators, i am trying to trade the faz 3min bull diverg for daytrade....

101
sds bull crouch tiger 88% confid... last 33.55

1256
1717 backtest is what i'm looking for... crazy faz was in a DOWN channel... then it broke the downchannel support line LOWER....

1253
faz needs 1681 for upside acceler

1252
25k port....... 1000 shrs FAZ 1877 stop 1860

1248
i want faz cuz its cheap.... but no setup for me yet...1671 last ... could get cheaper? idk... rather pay higher price if charts support long faz bett

1241
still looking for faz entry.... havent pulled triggr yet...i can't watch more than 5 active daytrades (5 stocks max)

1245
1660....1683 GE next targets... but running out of shares to selll.....

1239
GE hit 1646...2 cents from my 1648 target....then turned down...last
1638

1237
larger ports still in sso.... stop .93 on 25% of it

1236
cond order.... sell ge 1648 lim or stop 1638...whichever comes first

1235
loooking for faz entry... none found yet... but a nice bull diverg setting up in faz for swing

1227
wow ge at 1641.... 1648 target in site.... could go higher, will not sell all at 1648 but lim sell some up ther

1225
GE 1633 target hit,,,,lim order filled.... 1648 next
 
1223
charts say 1147ish spx possible.... eyeball trgt not calc exact... not suggesting we get there,,,,just that the pattern is there

1222
crazy... spx 1141? maybe

1222
larger ports selling some sso here at HOD :)

1220
3987 stop here small port...or can sell for $104 profit

1219
small port 3983 sso stop...larger pos sell some here

1216
GE targets still 1606, 1621, 1633, 1648... not likely to see over 1648 today but never know... the 1606 and 1621 targets already met

1214
i expected to be selling short today,,,, but trading long for now, is what i see ... still want short swing if setup comes

1213
GE on autopilot now.... stops set...limmit orders set... watching at this sso daytrade now

1211
sso mental stop .78

1210
1000 shares sso 2981 stop 3971

84% crouch tiger sso,,,, if .71 holds... poss inv bull HS


1206
smaller GE should have 50% left...stopped out 1614

1203
stop 16.14 on half...1000 shrs... smaller pos

1202
GE targets 1606, 1621, 1633, 1648


1201
GE is ROCKING......4% profit so far in 3 hours :)

1200
small ports.... stop 1597 on 1000 shrs, 1583 on 1000

1159
ge 1621 next
1158
:) 1603 ge limit filled... 1606 next for larger positinos

1156
25k port green rite now at $228 daily profit if sell al GE... but i am holding for ghigher ge

1152
GE targets 1606, 1621, 1633, 1648

1147
larger GE could do lim sell 1602,,, 1605 limit sell GE.... would keep at least half

1146
ge 1595 trgt hit.... holding for higher

1143
ge 1582 stop on half
 
1135
1583 stop on ge...just keep moving it up.... on half

1132
1595....1602 next GE trgts

1131
ge stop 15.79on half
 
1130
GE is rockin........: :)

1129
if stopped at .76,,, 25k port should be green for day

1128
25k port--- stop .76 here on 1000 shrs

1127
larger positions... stop at ge .77 here

1126
nvda 25k port loss was $212 today ... qid profit $83

1125
(25k with margin)

1124
25k port.... 2000 shrs GE.... at 15.56 cost.... stop 15.67 on 1000 shrs,,,, 15.63 on 1000 shrs

1123
watching also for poss inv complex HS qqqq....bullish... letting it chop awhile

1122
stop 1167 on most ge

1121
qid moving up but still not good enough setup for me to reenter it

1119
ge 1573 now... 1579 target next.... then higher...charts allow for higher but prob stall at 1579 if gets there

1115
raising GE stop to 1567 breakeven...free ride... setting stop on a small piece here at 1569 to take some profits and get back loss from nvda.... 1571 last

1112
YES.  ge momen picking up...trying breakout...but ge 1569 should get some more up momentum... last 1565, new HOD

1111
GE showed some good resiliency today... didn't fall at all during decline but rather went higher or held.... it's doing today what i expected yesterd

1105
GE continues to behave...trying to breakout here....
QID -- i have not re-entered yet. my work suggests some chop and a possible trip back to 1861 or lower

1049
nvda stop 1847 raised....in case of crazy move down.... still holding for higher

1047
qid now below entry....least took small profit in it
 
1044
out of qid per stop... toook small profit will look to re-enter

1037
qid stop 1873 to lock at least small profit

1036
preparing to take some profits in qid and re-enter,,,,

1033
my NVDA long daytrade mess is crawling back higher...looking for exit point.... will prob take loss here,,, just waiting for the exit signal setyp

1032
GE target is 15.79.....

1029
GE looks ready to breakout above high.,,,,not risking much

1028
in GE long 15.56, stop 15.45

1027
long GE lim 1555 if filled...daytrade

1021
QID trgt 1904..may hold longer or take profits theere for re-entry,,,unsure

1004
stop 1833 on nvda...mess...grr

1001
grr nvda not good...down...1837 stop

1000
nvda stop 1837

951
new QID swing from yest up 0.48% now, not a bad start

950
nvda....looking to hold support at 1862.... its trendline support and gap supp

943
in nvda llongg 1877

940
will try long nvda 1877 lim buy if filled .. daytrade not swing overnite

928
spx targets if down... 1134,  1131, 1114, 1097, 1093 ... 1130 would likely give a bounce up to a lower hi before further declines

843
ES 1130 is holding as R thus far... breakout support converted to Resistance

815
will be interesting
to see if any reaction after 830 report
in 15min

7:54
ES futures are down some, 4 point down. They broke below 1130 to a low of 1127. Have been in a downtrend for the entire overnight session.

Under 1130 would be bearish since 1130 is both a prior breakout point.

* 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".