Monday ramblings

9354
10 cent loss on rimm daytrade

353
grr took loss on rimm dyatrade scalp here ...
 
350
preparing to sell the brcm rimm daytrade scalps

345
rim 6724 ,,, 6747 daytrade trgts

341
RIMM daytrade into the close...will keep other rimm as swing... in rimm6690 daytrade

338
2917 first brcm daytrade scalp target....last 2897

337
increasing the brcm to a daytrade size pos.... to take some profits today on the scalp

336
nervous RIMM will likely get a chance to exit before the close if desired,,, i'll stay in

335
if txn doesnt pivot up and close over R... if i had lots of share i would take profits today... i'll keep 25% at breakeven

3:34
my buy zones for more brcm were 29.00ish and 28.45ish

3:33
i'll dip my big toe in some more BRCM 2894.... maybe more 2845ish later... bought another 25% shrs

252
BRCM approaching the "buy more" zone...but i'll wait for it to churn around some...let the 15 and 60min aligh better... 29.07 last.... though a buy here

223
IF rimm can close over 68.12 today, that would be bullish for rimm.... last 6748

214
RIMM has held its daily UTL... only prob is it is up, but steep... but looks like another pop up in RIMM before i need to draw UTL #2 (less steep)

212
RIMM in a daily uptrend, consolodating, any market move up, i expect RIMM to do well...

210
the spx 15min charts are trying to setup for a reach to a higher intraday high

208
60min charts suggest that spx needs to whipsaw around some, then more up...given that support holds.. last spx 1066.... if it can hold 1060 spx preferalbly

202
RIMM is a swing trade primarily with poss daytrade profits if it moves.

138
long rimm at 67.51

122
txn might want 23.01/22.93...watching

119
lol the vrsn has survived its stop by one cent, so far,,, could easily get stopped out here

117
1062 spx is key # here on test...last 1063.45

107
txn likely will see 2323 or 2321 now which is why i picket 2327

107
LOL in time it took me to type that.. i was stopped out of txn (except for 25% withstop at breakeven)

105
txn might take out and sustain the 2341 today, but i've raised and tightened the stop because "usually" it wont take it out on the first try. thus if it cannot hurdle it today, i'll take profits near the current HOD, and look to re-enter later if merited. chartwork also supports this approach.

101
2 cents from the txn take profits stop..will not change it

1253
txn either breaks out here or i'll take some profits at .27 and then look to re-enter (on 75% of shares)... small port setting stop here too

1252
stop txn 2327 on most ,,,, rest stop breakeven.. last 2331... tite sstop yes

1245
but it could be "enough" to get spx over HOD which would then trigger more upside...

1245
poss bull mini hammer spx 1min 3min suggesting pop up as the support held....last 1069... but its a weak 3min hammer

1230
txn 2337...one cent from 2338 target but again needs to hurdle and SUSZTAIN over 2341

1227
txn mental stop 2326

1221
marginal new hod txn at 2335... really needs to hurdle 2338/41.. if it can get over that then it should accel up (after an allowed pullback from 2338)

1219
txn should break the HOD here else i'll sell some of it

1215
vrsn 2308 stop


1214
vrsn 2309 stop

1202
2322 txn stop, stop 2313 vrsn

1150
CANCELLINGthe 2336 txn limit.... its so close here that it might pop higher than that... doing it manually

1148
the 2336 txn limit sell for 2% profit is only partial shares... last 2332

1134
txn 2331 target hit... limit still at 2336...may sell lower if stalls too long

1123
limitit sell some txn 2336 vs 2290 for 2% profit...2 days... but holding rest for higher prices... last 2327

1121
txn last 2324.... close to 2331 target where stall is ok... larger port i will sell some txn there for 1.75%ish profit.. or maybe sell, then buy it back on pullback

1119
spx did hit 1071 target and drop 2 points as expected,,,but still see higher today

1115
tna still red: 3684 vs 3734 cost... nervous tna could exit here with limited loss, i remain in

1114
brcm and tbt...rocking,,, vrsn is pokey, txn is "starting to accelerate up"

1113
the 15min upper bollinger band in spx txn is moving from a float slope, to up,,, usually suggesting further upside movement

1109
my "real" spx target is 1081, for now,,, see if spx gets to 1081, then goes down, then,,, will it pierce higher over 1081 or continue down lower... is what i'm watching for coming hours days

1107
i changed 1071 target changed to 1073 for any short scalp (i'm not taking it prob)

1059
brcm is doing nicely...swing trade...

1056
spx target 1071 then lil pullback....1071 maybe good area for scalp short.... tho i prob will not take it...i am just swing trading today, for now (not in daytrading mood mode)

1051
spx 1067 test now...

1041
purely from a candle analysis perspective, a close ABOVE friday's high would confirm the hammer candle, but of course it's good to consider other indicators and chart patterns to supplement the candle analysis. it will be interesting to see how it closes today (both the candle and other indicators)

1024
over 1062 spx intraday bullish, to me,,, last 1064.80

1023
ok this is a bit confusing... 2 swings have similar prices now: txn 23.12 and vrsn 23.15

1021
txn...also possible bear dbl hi here, so watching for that, or poss move down to setup inv bull HS

1020
txn has filled the down gap ovewr 2312 and if it can maintain over 2312, it should move upward toward its target. a backtest down would be ok....

1017
6minutes later, txn now at  2318 has broken that minor DTL as expected....

1016
txn targets 2331, 2360, 2387 for now... higher ones to follow

1011
txn testing a minor 60min DTL here now at 2301...i expect it to break this minor DTL

1010
nervous vrsn and txn swings could take small profits here, but i'm staying in, ,,, targets not achieved and still see more upside

956
txn a lil volatile here this morn... approc 22.70---23.10 range in 25minutes... swing charts still look good

BRCM: still looking to ADD to position, no buy signals yet (for swing not daytrade)

VRSN: swing charts setup still valid


944
ah tried to short vxx...unable...shares not availahble .. and no puts options possible eeither

933
buying TBT here at 46.95 for a midterm hold (3-18 weeks)

926
supplemented by chart patterns and indicators during the same 10-20min current open period and stretching backwards for 4 hours

924
the first 10-20 minutes will usually give good clues on the gap fill, ESP for individ stocks vs indexes like SPX. If a stock gaps up, and the gap doesn't fill, it generally indicates that the gap was "real" and not just a result of futures manipulation. also the area of the gap... did it gap over / under resist or support?

9:21
Will be watching the TXN and VRSN swings at the open. Also considering short VXX.

* 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".