Tuesday, January 12, 2010

Wedn ramblings (and Tues eve ES futures)

541
Been buying the VXX afterhours at around 29.30ish.

For the small port, added 200 shrs vxx 29.33 ... wide stop, might hold for weeks not days (though will take profit in days if it presents itself).

vxx put in a bullish hammer today (unconfirmed....needs close tomorrow over todays hi to confirm)

409
i know its not popular... but there's a chance that 10,754 will be the high for 2010 ... right now, i still think that... up and down the rest of 2010, under the 10754 ... i will become bullish if the 10,754 could be hurdled and susatined, then the DOW to 12,000ish (11,9xx) .. but i don't see that now
 
408
we came sooooo close to my DOW 10,754 target today.... yesterday i suggested that the DOW was not finished on the upside.... now today, i'm not so sure.  That might have been it.... today... for awhile... b4 pullback... cannot tell....

407
i am PREPARED for another LOWER LOW in the tza... i do not expect it, but will not be surprised. i will hold the tza even past the current yearly lo

359
small port net daily profit $238

359
1000 tza 8.89 cost

356
bought 500 shrs tza 1887

355
out of pfe........sold 1924 in small port

353
preparing to sell pfe


at the mkt... not yet ... 400 shrs
 
 
350
pfe daytrade survived the .23 stop... preparing to sell into the close that piece...400 shrs small port

350
keeping the small pfe swing..still more up methingks

347
one cent away from small port pfe profit stop...not changing it

341
small port 1923 stop pfe........lock the profits

334
15 cents from my tza buy limit

333
stop pfe 1914 on 4oo shrs pfe...

331
dow...about 60 points to target.... we mite get it today

330
CANCELLING my .31


limit order to sell
 
327
HIGH RISK BREAKOUT buy here, if filled

326
large port...limit add more pfe .23 limit if filled .. last is 1926

324
93% crouch tiger confidence daytrade in the pfe here....

323
selling some of ge from large port here at hi .90.... saving some of course for the 1707 1747 targets

320
another crouching tiger bullish daytrade forming in pfe now... 89% confid...if 19.20 is held.. without the 19.20...confid is 81%

316
i will likely put 500shrs tza in small port today b4 close sometime..not 1000.... want to participate in the tza move up... for tza swing

309
my work suggests SPY has unfinished biz on upside, or at least sideways chop... last spy 114.58

306
grrr my limit sells are missing by 1-2 cents....

304
looking for pfe to hold 1918 here else risk 1912

300
pfe stopped me at .23 even tho price only hit .24...oh well

300
pfe stopped 400shrs 1923

257
stop 1923 not 1924

256
the 200 shrs 18.00 to be adjusted later

255
pfe small port stops: 400shrs 1924,,,400 shrs 1907.... 200 shrs 1800

251
small port daily profit...$272....could sell now and take the day off

2239
sellingsome pfe from large port at 1929...the 1931 limit still there too.,.,  but not getting left out over 1-2 cents again...

48
pfe 1928...new HOD

246
pfe at 1925 now...ready to test 1926... see if the 1931 lim sell fills...partial sell only...keeping shares for 1968 or higher

245
if PFE was an asc triangle daily (thus far it broke out..)...then it needs to hold the 18.90 on any backtest

242
small port 25k could sell all now and take 239 profits for day... but i am holding the pfew in small port

241
1926 didnt fill...so if we get a new high, it should exceed the 1926, hence my raised order

239
1926 limit sell changed to 1931 lim...or may sell manually if we get there. on pfe.

237
digruntled with ge... selling some of my ge larger port here at 1884 into strength...not a bad price...keepin rest... i have no GE shares in my small port tho

236
they r whippin this pfe around...

233
lol this pfe 1926 just wont fill...its hitting 1926 but i'm too far back in line i guess
   
230
1926 pfe target hit but no fill

229
will prob get stop out of ge...once cent away still wow

227
grr missed my pfe limit sell by one cent... still have the limit

223
1926 limit filled for partial proftis in pfe...large port

222
if ge goes down one more cent....there goes rest of my ge....stopped out... took some profits b4, stopped out here (small port took profits already, no ge in small port)

220
tza at 9.01 looks like a bargain, cheap... but not ready for me yet... cheap could get cheaper... will buy when its moving up, or at least sideways, even if pay 9

218
1926, 1931, 1968 pfe trgts

217
pfe might get tricky n hit 1912 then bounce higher...watching....

214
large port ...lim sell some pfe 1926 if able... 1919 last

208
it really has no biz under 1914 for daytrades.... nonetheless stop remains at 1907---small risk under the cost
 
206
pfe mental stop 1914... for daytrade...still keepin swing pfe for now
 
204
1908 stop pfe...will raise again shortly

202
tza could go under 868---new low is poss cuz of dtl on the support...but i'll buy at 1871 still

200
MARKETMAKERS raising the ask on pfe.........now its got some upsdie room

159
more precise targets to follow....the pfe 1968 target

158
the pfe green candle daily.... double the current size is my target

155
tza moving up a lil...but likely pullbak...too early for me....

153
pfe breaking...yes...new high 1918.... lots of selleres up here in pfe tho...they need to step aside lol

150
daily n 60min pfe lookin good...

149
cmon pfe...give a pop for the small portfolio...cmon lol

148
133t chart...pfe inv bull HS

147
tza looks like unfinished biz on the downside...waiting for 1871... will pay more after it bases, else 871 for now for swing

136
pfe daily and 60 min suggest pfe has more unfinished business on the upside in coming hours or days

135
stop 1907 on 800 shrs of pfe not 1000... might keep the other 200 swing

131
lol pfe still at 1915

119
pfe "should" make new highs over 1916 today...

117
preparing to buy some tza swing.... not yet but looking... 901 last

114
stop 1907 pfe in case of sudden downspike....

112
pfe 1916...testing high of day

111
mental stp 1909

110
looking for pfe to hold 1909...stop set lower at 19 for now...will raise ltr

109
filled finally on pfe 19.13

106
limit buy 1000 pfe 1913...last 1915

102
maybe buy 1907ish

101
considering more pfe long....small port... not yet... last 1912

1257
small port took profits in ge...

1250
get stop 1680 to lock profits...free ride continues...

1247
out of that axp mess....small lil loss....

1244
targets ge: 1688, 1707, 1747

1243
ge hitting 1687...but i am not getting filled

1242
axp hit the 4212...only a marginal break...watching for new highs

1241
limit sell 20% ge large pos 16.87

1240
ge reaching for 1688 trgt...1686 last... :) break of 1689 should trigger upside accel

1239
axp 4210 test rite here is the coil R line perfect touch....watching////

1238
axp needs 4212 for marginal break out of coil....a

1234
limit buy 1000 tza 8.71 small port... prob no fill but its there

1232
pfe in larger ports still ok...stilll rising...

1228
large port...selling some ge here 1683...its stuck here...expecting higher but take some profits....

1227
poss new low in the tza...as it backtests wedge thingie

1225
i want some tza swing...just tryihng to find entry....last 9.09

1221
axp is in a 3min coil...trying to trade that

1214
either ge hold here n breaks out or i'm not interested... to hard to watch it as daytrade...stops set.. no risk...

1213
ge stop 1677 for a free ride....

1211
axp refilled...stop 4193

1209
500 axp 4207 lim if fillled .small port. stop 41.91

1205
dow now 66 points from my 10,754 max target since nov... could overshoot but expect reverse there... sustain over implies 12,000ish...details in blo

1202
1667 hard stop still

1202
ge mental stops at 1675 and 1673

1200
GE is at boll band extreme here at 1680.....lots of R here

1157
charts say 1680 will break for 1687

1155
GE will face R at 1680...last 1675

1149
small port pfe profits taken... stopped out... about $80

1148
long 1000 GE 1675 stp 1667

1144
pfe stop 1904 small port

1143
small port took profits $135 in axp

1142
4221 lim sell axp filled....partial sahres large port

1140
4221 lim order sell missed by 3 cents so far...grr... still in place... large port only
 
1137
axp stop 4211

1136
larger port lim sell a piece of axp 41.21 limit

1135
pfe testing R here...needs to break else i will take profits... last 1909

1133
larger port i will set some lower stops too, in order to stay in...small port 4196 stop 100% shrs

1132
axp rockin...stop 4196 as it is near R now...to lock profits

1129
pfe stop 1903 to lock profits

1127
stop 4185 axp...larger port taking profits (some) here at 42

1124
axp hit the 4192 target also :)

1123
pfe bull crouching tiger 87% confid with pfe over 19.00

1121
looking for pfe to re-test the 1910 soon or may exit that one... charts say it should retest in next hour. last pfe 19.00

1118
axp targets:4192, 4206, 4221, 4233, higher later. stall at each. main trgt is 4221 for now

1112
*stop 4147

1111
500 axp long 4184 stop 4160 for now
 
1107
sso could go higher but i elected to save $$ in small port, take the $34 loss

1106
stopped out sso... small port loss $24 + $10 comm = 34 loss

1102
sso 3967 stop

1101
sso 3793 trgt first

1100
sso bull crouching tigert with sso over .70

1054
looking for sso to hold .64 else may exit early

1048
watching for poss bear HS setup in sso 3min....

1047
in sso 3978 avg cost, 600 shrs small

1046
3973 sso R...see what happns there...last 3969

1038
stop 1885 pfe

1037
small 1000 pfe again 1898

1029
small 300 sso 3959

1016
pfe stop moved to breakeven...

1005
taking some not all 1% profit in PFE in large port, holding in small port

1003
pfe breaking out...1902 last....new hi.....sso lagging

949
buying 500 more pfe 1895

944
small port 500 pfe 1893 long

938
sso stop 3947 for now

936
filled 3997 sso stop 3763 for now...mental stop at LOD

931
buy 300 sso 3994 lim if filled

848am
yes.  watching to see if 1135 holds, then 11343.75 horizon support ... also the ES broke OVER the 60min DTL and is now backtesting it... see if backtest holds as support or not

Wedn 8:30AM
ES is in an asc triangle, bull inv HS right now. If it can hold 1135, and then break over 1137, then the next target would be 1142.

A break of 1135 would have 1132 and 1128 as intraday targets.

Right now, I favor the 1135/37/42 scenario.

Tues 11:28 PM
unless chart landscape changes (we close over today's highs) I plan to short into the rallies .. another close below today's low would continue the bearishness .. today we got a close below yesterday's low, as i expected....

i will continue to trade both long as short, as i did today... with a bias to "short the rallies" for swings.... for now...


* 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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