Friday, February 5, 2010

friday ramblings (and Thurs eve / Friday pre-market ES Futures)

402
today... possible


mini capitulation for a bounce next week...
 
401
the spx qqqq have bull hammers. the qqqq closed near the 43.00, the qqqq continues to be stronger

400
well spx hit 1066.80 not 1067 as expected 15min ago

359
fwiw... that bear falling methods 5 day candle pattern was NOT confirmed today... needs to CLOSE below 42.62.. it's invalid until then, just as 3 three white soldiers was invalid ... candle patternss need to be confirmed and are best used with other indicators to complement


343
spx target b4 the close...1067,,, last 1063.60


341
IF spx closes over 1065 that would be interesting bullish

340
1079 spx target... bull flag

335
volume today exceeds yesterdays....

334
vrsn and txn back at their highs or close, as expected 2 hours ago.... holding these as swinggs

325
txn has bull haramin setting up

322
qqqq multiple R now... 4297, 4324, 4363 with 42.97 key

319
one concerni have in vrsn is no institutitonal buying today....

316
scalpers could take some txn profits at 2307 limit

315
rather strong R right here at 4297 qqqq...stall pullback expected...

314
4297 qqqq target just hit....

314
if the qqqq close up here... it's a bullish hammer candle...

313
vrsn txn sales will need to wait till next week, as planned

313
limit sell half of remaing brcm 30.17 if able.... last 2944.... 3017 was my primary first target.

312
down 1.30ish on tna...better than $2 lol

310
selling a lil brcm for 5% profits here...

309
brcm hit the .33...last .36

308
nervous vrsn could exit here..i'm styaing

307
there it goes.... 2317

307
vrsn cracked back over 2305... should surge here

306
brcm hit 2929 missed the 2933 trgt by a few cents

257
4252ish qqqq R....see if breaks or holds

254
looking for 3014, then 32ish brcm

252
2933 next brcm trgt....last 2910

236
preparing to manually sell 25% of brcm if limit not filled by a penny or so.... last 2895 sell lim 2903

231
the vrsn txn txn are all swings ... poss partial share profit taking today in brcm....

231
i expect the txn on monday to do what brcm did today

220
txn recovering back up here nicely...should make a run for HOD....vrsn too... txn needs .81, vrsn needs 2307

207
on any bounce... brcm should rocket up.... it's already up 4% today ... moving up as spx moving down. vrsn and txn less impressive but have held their daily lows....

157
there is an spx support level at 1041..prev breakout point... 1030 is stronger support

152
reducing limit order from 50% to 25% shrs brcm now... limit sell 25% shrs 29.03 if able vs 27.90 cost for 4% ... then buy back when charts suggest it .. i want to see how it reacts at R 29.03ish thus the reduction in shares... holding more .. last 2879

147
brcm up 3.3% vs spx down 1.5%

139
brcom gapped up on 3 min ... 28.56 to 28.60 ,,,, some bought at the market,,, program trading...

126
the qqqq bullish 3 white soldiers 3 day pattern transformed into the 5 day falling 3 methods pattern... unconfirmed thus far

116
SPY RSI is trying to find support here for a bounce, but unconfirmed (daily chart)... 60 min 5 MA continues to hold down SPY... as long as they remain under it, its bearish. 10 min spy is showing some divergence,holding rsi support, but also may have a bear desc triangle. Again, qqqq chart is less bearish.

104
brcm limit sell 50% shrs 29.03 if able vs 27.90 cost for 4% ... then buy back when charts suggest it

103
if my brcm limit sell is filled, i will prob look to buy back those shares lower

101
qqqq 60 min did a break over its steep DTL, then backtested back down. expecting a move back up in the comoing hours / days. spx chart is weaker than q's

1233
txn swing only near breakeven but trade premise still valid, vrzn is somewhat in danger, brcm is rockin (up 3%)... tna down $2 (5.7%), tyh near breakeven,

1224
qqqq trgts: 4293 4303 4327 4394 4485 ... i still think there is a move up in qqqq. last 42.67

1144
qqqq at micro support...see if holds here at 4249

1139
if trading long... individ stocks seems easier here

1131
grr vrsn down 2307 vs 23.15... vrsn might take a few days... swing... stop 22.47 for now

1129
last 2870

1128
brcm limit sell 50% shrs 29.03 if able vs 27.90 cost for 4%

1118
Last buy today: txn at 22.90, swing, unless i can get more brcm later, but it's not letting me in... last 2870 vs 2790

 
1054
taking some daytrade profits in brcm 27.90 buy ...sold 28.50... 2% in one hour

1051
taking $2 profit on a piece of tyh here...holding rest

1047
in BRCM from 27.90.... looking for pullback to buy more

1036
selling amgn...taking small profits... like vrsn more as swing... and brcm from 2793

1011
i am trying 23.12 VRSN swing

952
sso 10min bull diverg setting up.... needs 10min candle close over 34.70

938
adding tyh 116.74. avg cost now 118.12

908
right now there is an inverted hammer on weekly, which would also serve as a reversal signal, although many other indicators are bearish. given the combination of both candles and other indicators, this suggests that next week could rally, or that a move down next week would be limited

905
es 1065 1068 n 1077 are resistance

* 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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