Thursday, January 14, 2010

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

357
Inability to hit 19.53 actually exhibits weakness... it should have popped over the 1950 pfea

356
all the pfe is gone....never made the .53 trgt...
 
354
dumping the rest of this jpm disappointment...taking profits but not at the target

351
oops stop hit at .46... not bad 4 cents from high of day... still got the larger pfe port into the close

349
pfe stop 1946

347
preparing to manully raise the pfe stops in small port

345
lol that 1953 limit order i still sittin there... so will prob hit 1952 pfe then drop.. last 1949

338
if PFE stays over .38 then it will have higher highs ,,,higher lows in 3min...and possiblely hit the .53 and .68 targets...dont expecte .68 today

337
for me...tza swing is allowed to make a lower lo....due to the DTL sloping down

329
pfe--its normal for the 2nd big green candle to be smaller than the first... so pfe upside is limited today...but holding for now

325
optionally can sell up here at 1947 its a decent price

325
pfe stop 1938 on small port...if they run it, fine,,,lock profits. it should not go below that

321
that is DOW 10,723 could be "it".... or 10,800... but target still 10754 for now for me. would not be surprised if it doesnt make the 10754

320
10754 is only a target...very hard to get the long range ones precise.... plus or minus on that trgt

319
would not surprise me if MM hold pfe at 1950 for awhile... then let the lid off at 3:45 to let it higher

313
vxx down 2.7% vs tza down 1.45%..... and tza is a 3x inverse etf... shows how volatile the vxx is

311
3 cents from 1953 trgt in pfe...limit sell some there.... 1968 still other trgt

308
pfe stops raised 1929 to protect profits

307
stops raised to sell the current DDM position...larger port... DOW 10,697 and its gone

306
considering some DXD today.... close to the 10754 target... will scale in slowly.... larger port only

303
1953 and 1968 remain the pfe targets with 1968 the real target

302
large pport...still got the 1953 limit sell pfe...some not all shares... last 1947 marginal new hi

257
1953 pfe might be all we get today,,,,, if even that.... watching this last hour till close

255
this last 35% of JPM is turning out to be a dud...large port

250
raising stop on 33 shrs pfe to 19.27 from 1922..mental stop 1936

248
mental stop pfe 1936

243
large port sell some pfe .53 limit....last .45

237
dow 43 points to target 10754

233
charts suggest pfe will make another new high today over the 1945

231
pfe 19.53 today is reasonable target...last 1939 ... real target is still 1968 tho

227
grr they ran my pfe stop... but only got part of my position this time...

225
pfe backtesting....perfect touch here

224
next pfe support 1932...last 1938


223
the 1937 pfe constituted a break of its steep uptrendline #1 intraday... see if it backtests higher,,, and then what happens.....

218
pfe partials profits...stopped out .37 ... 400 shares sold

215
the vxx trade is red 1.8%....very volatile ... only 10% of port invested in vxx
 
212
looking for pfe to hold pfe at .39.... not let the shorts out...

208
i will prob NOT keep any pfe swing overnite...likely will sell it all and take profits... charts suggest higher but pullbak first

206
pfe continues grinding hihger...

205
dow.... 40 points from target.........

202
small port---no change... still in pfe...stops not run... :)

154
small port did NOT get stopped on that spike just now in pfe

153
glad i bought more


pfe .38
 
152
somethings wrtong


with jpm........selling all except 35%

in large port ;;;; taking profgits
 
151
lock profits...prob get


stopped but its ok
 
151
stop .37 on 400 shrs pfe...

149
pfe marginal brk///////........   .42


148
: breakout in pfe


expected 7 minutes
 
145
97% bull crouch tiger in pfe... last 1939 ... with a .35 hold

143
pfe should make new highs...last 1939

142
dow--- 40 points to my target

136
grr.... stop .31 on 400 pfe.... 300 shr stop .22

131
stop .31 on 400 pfe.... 300 shr stop .22 ... small port needs the profits locked

128
small port only----i exited jpm cuz


could not risk a trip to .36 or .23 in jpm
 
capital preservation more impt than profits... esp with limited funds

118
jpm///still in ...hangin by a thread....

117
well my own fault...entered too early on the small port jpm... larger port entry worked

116
charts suggest 60% prob i will get stoped out jpm grr

113
if they dont crowd 4450 jpm then small port prob get stopped out...small lost 3 cents

112
the jpm 1minute is coiling... should go hihgher...hope it survises the small port stop....

109
looking for pfe to make a new high over 1940.... 1968 still target tho not today prob

101
raising stop pfe small port 1922...free ride

1258
small port raising stop to 4447 ...no sense taking a loss...

1254
.67 limit now on jpm...partial fill

1253
4464 was hit but i am not filled on the profit sale

1251
grr MM are croding the .64 idk why...they should want .71

1249
grr missed by 2 cents again....sheesh

1246
4464 limit sell in place....partial order only

1245
large port.....limit


orders to buy more jpm .42 .37
 
1244
this move down lower in jpm was expected....i'm stilll in long...

1243
large port...obligiated to sell some jpm at 44.64 limit .... small port stop remains same

1242
dow 52 points from target....

1240
jpm could break over the .47 in 4 minutes...but charts suggest it migh still chop up down till 1:08 PM

1238
mental stop jpm 4433

1237
my charts say jpm will break higher over .47

1236
see if jpm breaks over .47 here... move bak down would still be ok....for me

1234
ok jpm does appear to be forming the asc bull triangle 3min...lets see if it can breakout... another move down first is likely tho

1233
pfe had higher vol yest...it moved up in price on higher vol bar... whcih is what prompts me to stay long awhile more,,, among other things

1228
its holding jpm support but needs to break over 4448 to get any traction... all the rest is chop

1227
JPM is doing a perfect touch test to its intraday UTL here... see what happns...4234

1215
also poss bear HS in jpm...but right shoulder is forming asc triangle

1213
jpm over 4431 could form a bull asc triangl 3min... if 4431ish not hold then poss bear dbl top... right not its over support

1208
pfe--- no confirmation of the bear shoot star 60min...still long....

1207
jpm over 4533 is safe to me... under that another rollercoaster for daytrade...last 4438


1200
if pfe can hold 1923 then it stays in its upchannel

1158
pfe has a nast bear shoot star 60min candle but it needs confirmationj with a close below its low... i'll stay in this pfe risk free with the stop near breakeven

1156
nervous jpm could


exit once again near breakeven

here...but im still holding for the

higher trgts ... 2nd chance for nervous jpm
 
1153
vxx targets 2927 2971 3023 3133

1152
jpm holding near that .31 buyback price...for now....

1148
uh oh... jpm poss bear HS forming...might need to exit this one...unsure yet...

1147
pfe 15min bull flag

1145
jpm broke higher out of the 3min dtl...and is now just backtesting it... should pop bak up per other indicators...watching...

1143
missed the pfe limit fill .41 by one cent... raising now to .43

1142
GE is stuck and isnt hitting my 17ish targets....

1141
those will reverse to green if the dow fails at 10754

1141
vxx n tza slightly red...but holding still...trade premise stands... swings require some breathing room

1139
the dow is 53 points from my target since novem

1136
scouching tiger highers confid is 99% not 100%.... but big diff between 91% and 99%....

1135
91% jpm bull crouch tiger now

1134
jpm 44.59 test suggested in 3min chart patterns...last 4437

1133
yes...filled on the


.37 lil piece limit .41 on large


port.... 5% more
 
1130
ok selling a small lil piece large port pfe .37 here....yest i was missing the limit sell fills by 1 or 2 cents... so sell a lil ...still want higher

1129
wee.... 1937 pfe trgt hit... no sale tho...

1128
despite the jpm mess... target remains 45.17 as long as stop holds...

1127
pfe 1935 here 2 cents from .37 trgt but now want .41... large port only... small port the stop remains as is

1124
pfe 1937 limit selll a piece... CANCELLED... not i want 1941ish for that lil piece...will watch

1123
ah...small port is green again now... out of red.... :)

1122
jpm close to a confirmed bull rsi failure swing in 3min chart... lol they call them "failures" but it is bullish.. go figure....

1121
nervous jpm should be able to exit close to breakeven if desired, i'll stay cuz trade premise still stands... its just shifting around in the coil

1119
83% bull crouching tiger jpm..... 91% if 4516 holds... early entry ... i am not adding more because it would not lower my basis cost by much.... and do not want more risk

1117
thats why i changed order from 1000 shrs to only 500 shrs in small port... to allow buying more if merited, and cuz i knew was entering early

1115
grr jpm testing the .16 prob....i'm red rite now there...stop remains 4397.... but least the pfe tza vxx all ok

1107
poss mini bear HS 3min pfe....so watching both ways

1106
70% bull crouch tiger in pfe... not a buy signal, or early buy only... still holding the pfe at same stop as b4

1105
LOL all this shifting around in prices... the small port for today is about breakeven.... some going up others going down... need to get timing right on the sell side

1055
60min jpm suggests higher

1054
nervous jpm could exit here near breakeven... i'll stay in

1052
jpm needs hold 4436 else risk 4421ish... 4438

1047
if jpm decides to coil it could go to 44.15.... not expecting it but poss... should find support there

1043
500 jpm 4450 stop 4397

1042
more jpm 4443 limit if filled

1039
preparing to buy more JPM...4436 last

1035
vxx stop 26.08 for now

1034
1919 holds...or i'm out...

1033
stop 1916 on 700 shrs pfe...no sense taking a loss..near breakeven

1030
partial profits on pfe at .27 stopout

1027
stop 1927 on 500 shrs not all 1200

1027
small port pfe stop 1927---lock in some profits

1024
larger port...limit sell 20% pfe 19.37...last 1930....smaller port no actions

1023
lowering JPM stop to under today's low... will still be profitable if stopped out due to profits taken earlier (large port)

1021
pfe stop moved to 1891 from 1870.... mental stop 1916

1018
there it goes...pfe next trgt 1937...same as yest..last 1932

1018
PFE bak at HOD...trying to breakout

1016
vxx precariously close


to 28.91 prior low...last 28.99....i will

hold the vxx even on a break under

the low...this instrument is volatile....
 
1015
see if tza holds 868 ..., last 875...my stop on tza is NOT 8.60.... its far lower for now...watching this

1012
correction JPM is daytrade NOT swing... i will NOT hold overnite earnings

1012
jpm pfe swings good... tza n vxx down... holding all for now

1004
PFE stop 1870 for now... mental stop 19

958
jpm large port just set to breakeven stop now... took profits up at 4470 on a piece of it (cost 4423)

956
looking for pfe to break over 1930 high on the way to 1968 with stops stalls in between

955
and the pfe taking off now... 1929 now

946
buying 1000 pfe 19.21

943
watching the PFE swing from yest. ok so far.... tza ok.... vzz swing down a lil / breakeven...keeping all for now

941
wow look at it go....jpm last 4470.... trg 4517 and higher

939
JPM rocking

938
minutes on that jpm...only small piece of large port sell

936
in jpm long 4423

thurs 847am
ES 1139.50 - simple pivot - over that, bullish intraday, under it, bearish ... 1139.50 was Friday high, and prices churned around it Sunday and Monday, and it was last night's ES afterhours / premarket low ... last 1140.50....

i expect the 1139 to break, and lower prices.... targets later.... approx 1121,,, 1115, then lower (not all today)

* 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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