Wedn ramblings (and Tues eve ES futures)

352
dow up 0,,,, comp up 0.75%...

351
:) qqqq hit 4709 and stalled...close to the 4705 target.....watching to see if tests again

341
3512 on most adbe stop to lock profits

339
if adbe 3493 breaks could get fireworks,,,will prob hold,,but watching

333
scalpers would take some profits here adbe down at .07 supp

332
qqqq target down 4706

330
nice there goes adbe...downnnnnn

328
reshorting IBM here 126.25/////taking back shares i took profits on at 125.27ish

324
charts suggest adbe might break under 35.00... not sure cuz lots of support there but it would be nice

320
i will re-short the IBM at 126.70 if able

309
adbe selling prg

300
the DOW is NOT catching up to comp and qqqq.... why i added DOW shorts today via DXD

259
it's bearish if vix and spx both up on same day

258
comp up 0.79%,, vix also up 0.89%,,, spx and dow continue to lag COMP ...dow = 0.1%,,, sp500=0.5%

238
poss bear stoch dbl top adbe 2min

231
qqqq testing HOD now

206
looking for adbe to stay under 3520 else i may exit it

203
vix at high of day now...

159
if adbe tests 3506 again, it could break lower on the 3rd intraday test...last 3513

158
vix continues to base bullishly

157
adbe droppping but only on lite vol...

150
adbe...mild selling

143
:) my qqqq target for today was 4717, so far HOD is 4724, close to target

142
IBM short is swing,,,will hold overnight probably unless charts get bullish today

120
the VIX charts continue to look bullish for the coming hours days (bear spx qqqq)

113
sell programs ADBE

107
trying another adbe short ...looking for break of LOD

107
paying premium on the rest...shorting at 3516 the rest

105
partial fill 3517...

1256
adbe at 3519....only will go short if filled at 3524 limit

1252
limit short adbe 3524 if filled

1249
took adbe profits...may re-short again

1243
ibm stalled at 125.20 as expected

1235
cmon adbe...BREAK

1230
adbe has much support around here...watching to see if breaks or holds
:) down now at 3507

1228
adbe now at 3510...lower

1227
2 cents away from adbe stop...i will not change...can always re-short

1225
adbe stall here expected, stall also at 3504 if we get down there....last 3513

1224
3518 stop adbe to lock profits

1217
3524 adbe stop for a free ride down, no loss guaranteed

1213
adbe support at 3509...stall expected there maybe bounce

1206
shorting ADBE 3527

1158
that 4701 spike down in qqqq was real... a time/sales for 280,000 shares red printed

1156
ADX DMI for qqqq daily is moving up (bullish confirming uptrend) at 20.40 BUT R is at 23... if R holds or breaks at 23,,,should cause a decent move in the direction of that reaction at R...

1150
vix trying to carve out a near bull engulf pattrn on 60min.... last 1777

1147
wow glad i exited that FRX yest... at 30.45 now

1137
GE on the move up again to retest the 1662 R and poss break higher

1128
VIX and spx qqqq both moving up in 3min charts..that correlation does not usually last long....vix usually wins

1116
VIX has some possible bull candles in 15min....hammer .. but of course 15min is weak signal,,, 60min signals needed

1112
nice. ibm makes new low of day at 125.29 last....125.20 next support

1109
but a second qqqq UTL allows for 4743 resist..higher

1107
qqqq doing a touch of its UTL resist now in up channel... 4722 last

1054
i will prob cover some IBM shorts at 124.11ish for partial shares profits, then re-short, if it gets there. last 125.44

1047
IBM has nice 60min bear desc triangle, has touched the base 3 times...expecting a break lower

1036
:) qqqq hit the 4717 target exactly just now,,, has backed down thus far,, watching to see what it does here

1026
IBM has not really participated in the rally these last several days

1026
looking for ibm to break 125.40 and 125.18 and tumble down... if it holds i might have to exit and re-enter short.... swing trade

1019
SHORTINg the IBM at 125.60

1012
watching if qqqq gets over 4717 R or not.... last 4708

1006
the DOW $DJI has a 60min bearish RSI failure swing

958
in DXD long (dow short) 2796

941
qqqq right near the apex of its wedge here, depending on how u draw lines it could also be forming an up channel but very steep and unsustainable one

938
watching if VIX holds over 1770 or not...last 1782

9:32 AM

Some charts below suggest downturn
http://christopherstockguy.blogspot.com/2010/03/rate-of-change-chart-suggests-lower.html


http://christopherstockguy.blogspot.com/2010/03/fascinating-obv-chart-suggests-downturn.html

 
* 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".