Friday ramblings / Thurs eve futures

0410
i'm still bearish mid-term, expecting a lower high,,,spx could see a rally up to 1139 to 1150, time will tell,,, charts suggest some sideways motion firstnunless there is some significant gap on monday

0407
SX has a bullish piercing 2 day candle pattern with todays big green candle, SPY almost has the more bullish engulfing, qqqq have piercing bullish but also made a higher hi today than yest

0348
stop 2267 in swy to take a smaller than wanted profit if stopped

0259
long SWY here 2260 stop 2246 low risk

0247
stopped out of IBM last trade 124.50...loss,,, took profit on first IBM trade grrr

0219
i'm long gold, i know many here like it,,, but i'm also watching out for possible lil bear HS forming in daily.....

0214
out of ACN, took loss at 3796,,,, still in IBM

0204
ES 15min broke over its intraday downtrend line, and is backtesting now,,, still see higher ES for now,, last ES 1081

0155
filled ibm at 125.11

0151
buying a starter position in ibm here 125.15

0147
I am close to buying more IBM long, here at 124.97 is valid, but waiting to see if it drops first,,,, close to a buy setup, have an early buy setup now

0129
right now, intraday, charts are conflicting,,, i prefer to wait for the declines and go long when they base for intraday trades today, instead of trying to short,,,, daily momen down, 60 min up, 15min choppy.... if charts change then i would look to short

0103
Looking to re-enter IBM long if charts suppport it, no entry yet tho they suggest IBM has more up, to 126 target, last 124.75

1255
back in EUO again 2379

1219
ACN long at 3823

1211
stopped out of MRK for now, took loss on that one

1158
stop 3197 in MRK,,, that would be a LOSS if stopped but can always re-enter,,,loss offset by KFT and IBM and gold for net profits

profits locked in both IBM and KFT,,, still have gold dgp and MRK

125.18 IBM stop last .,22

stop 124.96 on most IBM to lock guar profits

took KFT profits 2929

2129 stop

1144
stop 2921 on most of KFT to guar profit if stopped

1125
spx stall at 1092 is likely

1117
i like IBM long,,, and its giving a bullish piercing candle daily,, will likely transition out of MRK and KFT and possibly add to IBM

1027
long IBM 123.67

959
KFT long swing from yesterday is just a little over cost,,, adding more KFT long here 2910

906am
ES was unable to hold the 5AM gains and declined all the way down to 1057, right near the prior 1056 low. last 1060. we'll have to watch and see if a rally forms, if 1056 holds and a bear HS forms then ES could rally to 1113 or 1144...

5:11 AM
it's only 5AM so too early to tell but ES is up now 7 points,,, perhaps the new long swing yesterday in KFT and MRK will give a pop up today,,expecting lower levels later after a bounce

* 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".