* 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".

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

350
SPY candle,,daily bear hangman,needs confirm close under todays low, on monday,,or a gap down monday

330
thus far, not very bullish for a low vol day,,,

322
TLT is moving up,,, at same time as spx, on 3min,,,TLT usually wins this battle, bearish spx

315
UNH re-short order limit 3534 from 105pm was filled,,,to reshort shares covered this morn at 34.78,, last 3538

314
ES 1144 resist held perfect first test,,,watching for sustained reaction

253
sell program alert still valid, es

249
msft whittling away to the 24.26 trgt,,,when that breaks will fall faster,,may not break today .26, watching,, last 2432

244
lots of R at es 1144, including daily 78% fib, boll band, prior highs, etc

228
by the way TLT closes today, we should get some idea of gap down up possibilities in SPX,,,setting up for gap down spx now but unconfirmed, half baked

225
MSFT sell program alert,,,, at 2442,, 2426 trg first then down hard in coming hours days

219
MSFT continues to look like it will break,,,remains at 2442 or few cents from low of day,,,whilst SPX rallies lil here,,,when spx


falls,,msft should crack easily
 
 
212
bac may want 1340/44,,will see,,,starter size

211
hmm changed mind,,,will take 25% size BAC 13.28 here short swing

208
BAC "early swing adds" with 25% size could work here..but i'll wait

206
BAC at resist here but not taking the short swing, 1327,, may pop higher to expand down channel

159
MSFT 2439 continues to hold as support but it is really taking a beating today there,, i still see it cracking lower

148
after  possible 1137.50 hold bounce then 113575

146
113575 ES trgt

145
ES sell program alert, for next 3--57 min at 1139 ES

141
FAS puts could work here,,,Nov 22 puts at 2.55

117
patiently waiting for swing short entries in csco  dis  axp,,,no entries yet,,,may not get today

105pm
UNH 3534 good spot for UNH short to add bak what sold at 34.78,, last 3520

1253
MFST continues weak....hugging this Low of day, and of prev 4 days,,,precarious,,bearish,, a break of that low should trigger more downside, esp since its been support for 4 -7 days now and tested n retested

1228
stop 25.80 for now in DBA ,,,will raise later,,,also may add more at 26.75 or 26.40ish

1225
i'm now buying back again the DBA here at 27.04, for swing in agricul,,, dba is 1x etf,,, DAG is 2x


for DBA but no like vol in DAG, too

low
 
 
1152
msft and intc not participating in the spx rally here,,,near their lows still,, UNH has popped back up but i remain short,, UNH is much more volatile up down up down last few days

1134
UNH doing v well on short,,, now down at 34.77

1123
next swing short will prob be DIS,,, looking also at BA   csco axp bac shorts but those dont' have setup yet,,, DIS seems closest ATM

1107
OIL getting more bearish now, CL :)

1106
3301ish vz possible so keeping a lil,,,maybe opp to buy bakc lower, or not,, limbo so profits taken

1105
i now only have 25% of vz left,,,stop at breakeven

1058
vz buy prog alert, small one

1052
 CAT is tricky,,forming a 15min bull diverg

1043
MSFT v close to breaking key daily support here,,,good for short msft

1035
vz long 3276 stop 3272 could work for adventuresome low risk

1029
stop on VZ raised to .71 for a free ride up,,,stopout will not give a loss

1020
took half of VZ off to lock some small profits,,,reduce sharesd

1019
VZ ran right thru the .93 target,,, usually will stall there, bullish

1017
i will hold at least half of vz to see if can break yest hi

1012
vz 3293 next trgt, last 3280

1011
i took an early entry since SCO is at algo support,,,but in the middle here so wide stops to start

1010
as


mentioned yest,,,CL may want

another $2 or so higher
 
 
1008
starting a new SCO swing here,,, with a 25% size only,,, this is an EARLY ENTRY, at 13.03

1005
this pattern is not developed,,,just something i am watching for

1004
this ES pattern will often paint a 15min temp bull harami setup for bounce,,,by 1030,, for holds longer than 1 hour not miniscalps

1001
15min long leg dojis show chop in ES until mr /mrs mkt decides direction

949
TLT moving up also,,,limited upside in spx, with down later

948
VZ breaking over the .80 target and resist, for higher trgts

939
yet but may get setups: swing shorts in BAC   BA  oil 

935
INTC hit 1948, one cent over the 1947 "add more shorts" target

931
WOW the UNH doesn't gap up with the spx,,,good for UNH swing shorts

FRIDAY
9:22 AM
Yest 3pm I had a 1144 ES trgt which wasn't hit before 4pm but was hit last eve. Watching now. ES bullish atm for higher targets.


FRIDAY
3:58 AM
ES up 4 pts
now but bouncing around some,
off its highs 1142.50 from 3am but
trying to climb again

ES 1142.50 is also algo resist, so a break over that could trigger 1147, 1150, 1153 trgts higher

THURS 530 PM
shorts are in INTC   UNH   MSFT which are weaker than DOW, so should do well if DOW falls, if DOW rises their upside should be limited

THURS 525pm
for me
there's acceptable risk in holding
VZ overnight,,, worst case is stocks
gap down or crash and VZ falls,,,


but the
short positions will fall faster
(profits) than VZ in that case, if
DOW wants to bounce, VZ should
do well as it is stronger  than the DOW



Thurs 4:55 PM
i'm going to keep a small VZ swing overnight long as hedge,,,against shorts in INTC   MSFT  UNH  ,,,also long TLT and VXX, interesting afterhours VZ trading


* 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".

* 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".

Thurs ramblings (and Wedn eve ES futures)

336
doing a perfect touch rite now to line

335
backtest,,,es could still pop bak up,,tricky here

328
ES has broken 3min algo resist,,suggests higher,,,tho it was


a steep R so could reset
 
 
327
it would still be "early entry" swing short

325
bias still up ES into the close,,,then poss short swing near the close

321
es 15min also has a bear lil shoot star, confirmed,,,why we may see some coiling in the 3min,, bear shoot star vs bull hammer


319
3min ES bull hammer,,,,a 3min close over 1138.75 needed to confirm it

317
ES may now begin to coil in the 3 min,,,watching to see

306
VZ is building that bullish crouching tiger,,,only at 73% confid now,,,usually 92% is enough to trigger nice lil bounce, not there yet

301
OIL short


here could work nice, scalp

daytrade,,,waiting on swing entry,,,or sco 1331

258
VZ just hit its first target of .80,,,,intraday,,,

257
intc swing short add here at 1940 works but waiting for 1947 if able,,,still short from 1954 other day

247
still have limit order to sell VZ .91 if able, last .74,, needs over .80 then over .83,,, will see if all it gives is .83 not .91

246
ES trgt 1144/45 then mayb short

240
intraday whipsaw alert, chop,, careful of the grinder

237
10min later,,,nice lil bounce there in spx

228
TLT is suggesting ability of SPX to bounce some here

202
second buy progr alert,,,aggressive would add vz long here .70

157
i just got a buy program alert for VZ oinly,,,watcing to see if it pushed it over .80, last .68

147
adding VZ here 32.67, long

131
TLT is beginning to warn of lower spx,,,,battlezone now,,tho tlt is at R here

124
hmm,,,, ALGO resist just jumped to 1140.50 from 1138.50,,,,,113850 short not so strong now

121
when market is topping it is often easier and more profitable to short the weak stocks instead of the whole index like sds tza etc

120
poss new short entries ideas (no confirm setups yet): shorts in axp  bac  csco   msft

119
swings,,,not sure we see aggressive down today,,,charts suggest still some sideways ,,,tomorrow --tues likely down hard on curr setups

113
i will limit sell vz 32.91 if able

111
they will often headfake spike rite into the algo R or above it,, then go down

110
shorting a spike there could work nice,,,should hold first test

110pm
1140.50 is ES algo resist

1255
intc 1947 swing short could work v nice if it gets there, last 1932

1252
removing vz limit buy more at .58,,,will re-eval later

1247
ES testing 113750 R now

1231
will add VZ long day .58 limit if able,,,looks better now

1220
a 15min close over,,,then buy pullback could work v well, as scalp only not swing

1220
es 15min close over 1136 and pref over 1139 would confirm the bull ES hammers

1218
hammer study: UNH 60m hammers are actually bear hangingman,,vs VZ 60min bull hammer,,,canldes look similar but their position within uptrend vs downtrend intraday distingquishes them

1213
INTC v vulnerable, similar to MSFT tho msft weaker

1209
VZ long is red 20 cents here, but holding,,,should bounce, down red 0.5%ish now

1207
msft very precarious here, at daily support,,,will likely hold but if it breaks,,,,msft in bigger trouble than laready is, 2439 last

1155
considering MS long hedge day also, but no entry here,, MS stronger than XLF,, and BAC weaker, hence short bac long ms

1151
Later i'll re-short the INTC 25% shares covered at 1913 (19.11 low of day so far), last 1927

1143
nervous would exit VZ long day hedge,,,i'm holding,,,at 2 cent profit atm lol

1140
if MSFT started wave 3 yest on daily not 60min , then WEE for msft shorts

1138
also,,,if



entered today at 1952 post,,,profits


here makes sense at 1913
 
1137
i'm taking 25% of intc off here to lock some profit,,,2% roi for non 3x etf stock

1130
ES is on the verge of paintina  a KEY REVERSAL DAY candle

1127
VZ holding strong ,,,as the long hedge intraday,,,,all shorts green now

1108
new shorts in INTC   MSFT green,,tlt still red for now but moving up

1107
VXX follows VIX worse than UNG does natural gas,,,but on its own VXX is fun instrument

1100
stop 32.21

1059
LONG in VZ for day only not swing,,, at 32.78

1049
it doesnt look like i'll get that 1344 bac short fill,,,will re-eval later for new entry point, waiting for now as bac could still rally up some

1030
charts intraday suggest ES tries to rally back up some,,,then could see a bear shoot star at today's close

1011
BAC 1339 high of day,,, missed 13.44 order to short by 5 cents,,, still open

1002
very interesting: the VXX remains green despite spx rally here, vxx entry posted few days ago

1002
TLT has gone red but trade is still valid,,,i'm holding it, not stopped out


958
an eval of BAC vs WFC says BAC is weaker on this rally, so using the BAC short if able

953
i will swing short BAC lim 13.44 if able, last 13.33, not sure i will get a fill

943
BAC and WFC are alt to shorting the xlf,,,JPM is stronger so better to use BAC  WFC not xlf

941
i'm waiting for BAC to rally a lil more, then will prob short it swing

921
smart money not buying this rally,,,,no bond exit,,, TLT is up  despite 10pt ES rise,,, this is window dressing rally quarter end,,, if SPX can break 1153 it may go for 1160 then 1175 target, then likely down hard,,, unless TLT falls then spx not likely to be able to sustain any rally

* 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".

Wedn ramblings (and Tues eve ES futures)

356
TLT is much more orderly trading than spx xlf

337
narrow range bodies candles at the top are bearish,, more pomo $$$ tiomorrow:  will the spx get over 1150 from pomo,,,or will it be used to hold up mkt from crash???

334
intc



1912,,, from 1960ish hi today
 
 
319
intc down hard but near 1910 support, last 1917,, prob bounce there, may take 25% of shares off for 2.5%ish profit,,,holding restr

316
finally,,,1138 trgt met,,,

312
still have


ES 1138 trgt from hours

ago,,,getting close now finally
 
 
305
TLT may want down to 104.75,,,but this seems appropriate here,, stop 102.80 for now, with mental stop 104.50

300
swing: buying back TLT that I sold yest at 106.20,,,for 105.45 here

222
swing shorting MSFT 24.60

159
out of faz scalp,,,that one was a dud, small profit / breakeven, waste of time

154
lowered to 1320 stop,,,,missed stopout by 2 cents,,lowered


to 1320 from .21,,,hit .22
 
 
144
faz stopp moved up to 13.21,,,near cost for a free ride up if not stoppedout

128
1138 is both algo support 3s 3min, as well as mini HS trgt

126
es trgt 1138

125
intc trgt down is 1921, last 1936 (daily not swing trgt)

123
10 min stoch is one thing keeping me in faz,,,rising

118
intc is not participating here,,, 1936 last, at new low of day,,good for intc shorts

116
taking 50% shares off here 1325, small profit locked, risk reduced

112
will try limit sell faz 13.33,,,partial shares for scalp piece

108
scalp faz trgt .24 and .30,,,day trgt higher, swing higher

104pm
spx should pull bak after this lil up move here

1250
mini bear HS forming 3min es

1230
auto prog trader just bought faz,, 13.15,,,stop under yest low

1215
xlf 60min in a coil now

1207
if able. will take half of faz off at 1327, small profit, only taking off to reduce shares as cost avg accomplished its purpose

1200
INTC short still valid, green, poss 15min bear HS forming

1120
if xlf tests 14.31 again,,,it could break on that try (after small bounce) or on next one,,,if it holds next 2 tests would start to turn bullish,,bearish bias xlf for now tho

1056
"past performance no guarantee",,,but these alerts avg about 80% wins,,, last week 100% wins

1052
in 3--57 minutes

1052
ES sell alert now,, to test low of day and break lower after initial bounce

1050
80% confid now,,,need 93% for  real "sell alert"

1048
sell alert 70% confidence, too low for a real alert,,suggests we "think" a sell alert will trigger, ES XLF  RUT, es last 1138

1044
daily, 60min 15m XLF suggests it will be easier to short rallies imo

1042
VXX swing getting stronger

1036
3min bear hharami ES, resist at 1039.25

1027
wow unh has broken its DTL support line lower,,,means the channel is widening, bearish,,,INTC falling nice too

1023
scalpers would take 1% faz profit here in 10minutes hold

1020
faz trgt first 13.60 (2% roi) then 14.02 (5%)  14.30  (7%) 14.70 (10%)    15.73 (18%)

1015
tza autotrade cancelled, using faz instead, never filled

1013
in faz 13.31

954
auto prog trader just put in a limit order, tza long 25.97 if filled, 80% wins, no fill yet

952
and TLT has not jumped around but rather remains poised near yest hi

951
XLF in trouble tho

951
ES is jumping all around here first 20min,,establishing a nice range tho

931
nice, UNH has gapped under the .90 support from yest

930
DOW 30 highlights: quickview: strong CAT DD KFT KO T VZ


DOW weak: INTC BA AXP BAC CSCO HPQ MSFT
 
 
925
gm

* 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".

* 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".

tuesday ramblings (and Mon nite futures)

414
conversely, the qqqq doesnt have this massive diverg,,, nor appl

413
SPY has a massive bear divergence between breadth and price on daily, price vs MoneyFlow,, price vs OBV,, has a declining trendline MF and also bear HS on MF

402
for swing, holding the other 75% of UNH short,,,and 100% of new intc short

401
also 100% out of sco with profits,,,not good enough of a chart for me,,into tomorrows crude inven report,, i'll prob put some limit orders to trade oil long or short tomorrow, limit orders to catch the volatile wednesday swings :)

357
106.08 TLT,,,taking off 75% of TLT shares here above the stop, not stopped out but want to lock profits b4 end of day,,holding 25% still

350
when charts r like this,,,maybe easier to trade individ high vol stocks in lieu of indices or etfs

340
swing shorting INTC 19.51

334
TLT stop is close here,,,12 cents away,,,12 cents on a $106 stock is v tite but not changing,,,, can always buy bak

330
hmm ok taking 25% of shares off,,,hhoolding other 75%,, profits locked

329
normally would take some UNH off here at its target but ES looks weak,,will wait a lil

328
UNH just hit the .91 target :)

326
VXX swing also looks good here 1674,, i have vxx from higher 1679

323
back in tza 2660, sold 2708, for swing scalp combo

317
i tightened stop in TLT cuz its in a 60min bear rising wedge, but wedge can go up to 107/108,,,but only will stay long if wedge support holds

314
VIX charts suggest higher vix lowr spx,,,, vix charts are always "different" and lil wilder less smooth,, for swings

313
VIX day candle and TZA look same

311
ES 15min bull inv HS with a bear HS as the right shoulder LOL,,take ur pick

309
tightened stop on 75% of tlt to 105.87,, to lock profits

258
taking profits in half of sco here at the stall,,low volume grr

256
exiting TZA scalp for tiny profit/breakeven,,,wtaching other better trades,,,to many to watch,, sco scalp up 1.3%,, holding tza swing tho

253
i'm going to take some more TLT profits today and just run with 25-50% swing position, try to buy back tomorrow or other days ,,, should give 2.5%ish  7.5% roi profit

249
nervous tza could exit here with small profit from "bad entry" earlier,,i'm holding

246
cuz the next lower target is 34.00ish UNH :) from 3492

245
will not auto cover  25% of  unh at .92 trgt,,,will watch reaction

231
UNH 3492 trgt to cover 25% shares from 3550

230
UNH short continues bearish :)

228
there is a 2x or 3x etf for treas instead of  TLT 1x but i like tlt higher vol,,,others have low vol, so i just buy more shares in tlt to mimimic 3x

224
still holding TLT,,,at high of day now,, watching for 106.47 next today trgt, last 106.28

156
i might exit sco today depending on way it closes,,,i will only hold into the crude report tomorrow if charts looks right ,,, right now the chart is too indecisive for me to hold but may change b4 close

141
looking for tlt to test its HOD and make higher hi over .24, last 106.16,, for 106.47 trgt

129
the sell alert gave a stage 1 sell prog for 3 points,,, sell prog 2 should give 1132 es

121
else 1141, 45, 48 but bias still down to me

120
if 1137 es breaks then 1131 trgt intraday

110
TLT hit the 106.20 trgt ,,,hit .24 and pulled back,,,still see higher TLT up to 107/107.50 (not all today)

105
TLT just made new high of day,,,still long tlt swing

104
2nd sell alert triggered but ES not moving,,,still watching, next 3-20 minutes

103
the TLT has just cleared .90 mentinoed this morn,,,watching to see if sustains over,,,if so higher TLT over 106/10650 /107 and lower spx

1256
sell program alert for spx, es rut xlf at ES 1140 at 94% confid

1255
83% now... usually 93% confid is enough

1253
61% means software "thinks" a sell alert is coming but hasnt yet

1253
. 61% confid sell alert,,,not high enough

1251
bias is sell until buy alert comes

1251
we may get a buy prog or sell prog alert in coming minutes,,, software suggests one is coming

1242
aapl is red today,,,watching to see if former 287 support is conv to resist or not

1222
10min TLT bull pennant

1221
testing only,,,needs to pierce it higher,,thus far .90 R holding,,,still see break over it

1219
TLT is testing that .90 now,,,watching reaction,,,

1206
TLT 106.20 trgt on a break sustain over .90 intraday

1204
at 10:47AM, mentioned TLT over .90 should send spx, es down,,,its at .83 now,,,watching for break and sustain over .90 (or not)

1200
15min SCO forming bull diverg macd rsi

1158
sell program alerts for spx rut, es 1139

1153
a 15min ES close under 1139.10 would confirm the bear shoot star and give a sell signal under that method

1142
xlf puts bak down at 17 cents look good here

1127
UNH short continues to fall :)

1124
es sell prog alert still in effect, watching to see if it triggers lower prices, alert issued at 10:34AM valid to 11:31 AM, watching for "time extension"

1104
in tza at 1800

1057
xlf v bearish,,it broke 1439 lower, xlf puts ROI at 22% profit here but holding longer

1047
over TLT 105.90 should send spx down, last 105.75 but theres R at .90 (below the 106.10 high)

1034
sell prog alert, es 1134, for 3-57minutes, to test low of day, or make lower low


1021
software thru a stall alert,,,poss sell alert mini program at .75 es

1020
also horiz 3min ressist

1019
ES algo resist here,,, at 1130.75

1016
106.50ish trgt tlt b4 the 107/10750

1010
a slow rise, in TLT, is actually more bullish tlt (spx bearish), at this point, intraday,,, as it will stretch the BB 60 min rather than a quick poke thru them

1008
ES should make a new low, or test the LOD, by 1045 AM

1004
taking 25% of TLT shares off here to lock profit,,, 2% profit, or 6% via a 3x etf

1003
the TLT HAS PIERCED OVER 106.00 AS EXPECTED,,,,now watching to see if it can sustain,,,v bearish for spx, trgt now 107.03--107.50

1001
there it is, sell progr, stage 1, kicked in 4 min after alert

959
ANOTHER sell progr alert ES but after 10AM safer to trade

955
ES sell program alert,,,but tricky at this 955AM time, at es 1133.50

954
1135 short could work but its just before 10AM, so

950
1137 ES


reasonable risk if es getst there,  ES should go down again tho b4 1137, if it even gets 11137

947
TLT stalled at 105.78 or 2 cents below the 105.80 stall target

945
SCO trgt 1550ish approx,,,will watch reaction there, last 1496

942
no long scalp setup spx,,just stall

942
SPX es should begin to slow, stall, lil bounce around here,,, slice lower would be v bearish without stall

941
Wedn is crude oil report, so make take partial profits in SCO today, unsure,,,tomorrow could be wild oil swings :)

939
TLT number to watch: still watching for break over 106, last 10570,,,stall at .80 expected

935
sco up, oil down, sco upper targets (oil lower targets) still valid and the same

935
UNH held 25.20, expected to hold on first test,,i see a break lower in UNH, still have swing shorts

932
TLT still strong,,,spx mkt not going up until TLT falls,,, yest TLT made its daily high target, see what it does today

923 AM tues
good morn

832 pm monday
On the spx daily chart, notice that it hit the 62% fib, pulled back, then went OVER the 62% fib (at 1143).  IF/WHEN the spx closes BELOW that fib that was pierced higher, a sell signal triggers (close under 1143), under one fib trading system. Some use an intraday penetration (instead of a close) to take an initial position.

1175/81 would be the upper target of resistance if spx doesn't go below 1143 in coming days.

So under 1143 or up to 1175/81, then I see SPX down.


* 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".

Monday ramblings

634
The previous bullish 3/5 methods pattern was not confirmed, and that bull pattern it is likely invalidated, I mentioned earlier that it was a weak pattern

633
been watching TLT 20 year treasury, it closed strong today, hit daily target 1 but not stretch target 106.00, spx sold off near the close,, as we expected at 1:57 posting

Daily SPY has bear harami candles, as well as bear mMm macd hist pattern,,,both require a close below the daily lows to confirm,,also, the harami bear is not a "strong" bearish pattern because the red candle is not that big



223
if ES 60min makes a higher hi,,,over 1149---watching for one of those broadening formations to dev

210
TLT ability to close over 106.00 still valid, last 105.25

209
UNH now has a setup to poss close under that impt 2519 support

208
UNH sell prog alert

203
idk if it comes, but a UNH close today under 35.19 would be v bearish in unh,,,i remain short from 3550

157
still see lower es spx for now,,,last 1144 es, for swing

144
ES testing this intraday 1142,,,see if bulls can hurdle,,,still on swing sell

122
notice that TLT 15min is moving up, while ES 15min moving sideways,,, TLT wil often exert its pressure later,,,generally leads,, tlt leading up suggest lower spx later

118
IF the TLT does not decline to 104,,,is v bullish tlt and bearish  spx,,,even at 104, tlt still bullish, last 105.43

116
TLT hit 105.44,,,so i consider the 105.50 target as hit,,, and see over 105.50 next

115
75% confid now on sell alert

111
not sure if it comes,, but another sell program warning is forming in ES, not baked yet,,,this one stronger than last 2

109
ES push up here,,,looks like headfake,,,watching,,,still on selll

108
1141.50///1142 would likely hold on first test of it,,,if es gets up there

106
while ES under 1142, v bearish intraday for lower low

103
es sell program re-afirmed, from 12:35 PM

101pm
tlt at 105.22,,,, close to its 105.50 daily trgt,,,with 106.00 possible

1248
volume is very low today

1242
any bounce xlf, to me, is short rally vs buy bounce long, for now

1242
XLF is testing near its low of day,,weak

1235
Sell program warning alert here,,,similar to last 2 this morn, tho lil weaker, es  1140

1232
ES scalps from 114050 could take 1points here, but ES shuold go lower still

1231
still no long


scalp on ES,,,swing short/daytrade

short signals still here,,i likely will not scalp anythinbg long, as the 60min remains bearish, even if a scalp long setup comes

1220
ES scalp pullbak likely here at 1140.50

1217
idk if it comes today, but TLT does have a setup that would allow 106.00 today, from 105.25,,,if TLT closes over 106, would be v bullish TLT,,,, normal behaviour would be pullback in TLT b4 106, so over 106 today would be v bullish tlt (bear spx)

1211
TLT continues bullish today,,,thats bearish for spx,, TLT 105.25 new high of day

1204
cancelling tza orders limit to take profits,,,will do manually on reactions

1127
i will sell 25-50% of tza scalp when TLT hits 105.50,,,last 105.00

1125
SCO scalpers from earlier this AM could take 2% profits now, day would hold longer

1122
ES might form a falling wedge in the 3min,,,watching for that

1121
theres a "sideways, scalp long setup" forming in ES but its only 50% done, suggests more down b4 scalp long,,, day short signal still on

1120
tza scalpers could take some profit here 2705 from 2670, swing daytrades would hold longer

1116
there it is, low tested and broken, before 11:25AM trgt time

1108
*62% confidence,

1108
es testing the 1140.50 prior 3min low support here but charts say 50% chance it could break on first try test (usually doesnt break first but lower % here than normal for bounce)

1104
ES should test its LOD again, in 1 -21 minutes and expecting a break lower after initial lil bounce,,setup triggered




1059
theres a setup coming for test low of day and break lower in 1--21 minutes BUT the setup isnt baked yet,,,not triggered yet

1052
ES sell program signal re-affirmed,,, still see lower LOD

1050
ES pullbak here expected for scalp, at 1142.50

1047
1460 sco limit buy could work if filled, last 1471, or 1471 here could work too, tho 1471 here is early entry

1019
UNH 35.50 short doing well,, 35.19 trgt first support, last 35.27,,,prob stall at 35.19 then lower

1017
WOW right at 10:17AM target mentioned below,, ES just




tested its LOW,,,exactly on time,, sell program will break the low if it triggers as expected
 
 
1013
ES sell program signal,,,signal only not actual program triggered, at ES 1141

1009
in tza 2670

1009
in faz here 1297

1005
SCO now going for a more bullish daily engulfing (currently piericng candle or curr oil bear dark cloud cover)

1002
curr charts suggest spx could stay oversold 5 more hours and go lower tho

1000
ES should break or test its LOD by 10:17 AM, if current setup triggeres

958
\bearish dark cloud cover daily in oil here, thus far (of course needs a close near here)

955
my first swing target, 30 days timefram,,,spx 1060--1080 unless the 1153 broken and held higher, else we hit



1175 spx,, then down to same

targets
952
sco scalpers from 1450 would take 1477 profits here for 1.86% profit,,, swings holding

948
prog autotrader has a limit order to short the xlf at 1460 if able,, and faz long 1280

946
at the moment, TLT remains on a "hold long all day" setup, 82% wins prog autotrade algo

945
an xlf close under 1448 would be bearish, strong bear harami,

933
watching TLT,,,it likely will make over 105.50 before ES hits 1117 lower,,, if TLT gets over 105.50 it could spell trouble for spx, for swings

928
i still like TLT long

Pre-mkt
its very interesting that ES is up 1.25 points right now,, BUT the TLT IS ALSO UP at the same time, trading pre-markte 104.85, over the 103.50 friday close. this warns of possible lower spx and spx tiredness

* 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".

Friday ramblings / Thurs eve futures

358
grr covering at .68.,....missed by 3 cents on UNH,,, a small profit, not much,,

351
limit 3565 UNH cover day if filled

338
a "headfake up" alert just triggered on last 3min green bar es,,, watching to see if higher or goes lowr

335
UNH sell program warning at 3578

330
taking half of spxu off here at cost,,,2nd buy cost avg accomplished its purpose

328
TLT is suggesting higher tlt into the close

322
ES sell program, mild, 2nd one today, last only gave 3 pts,,at 1143, this one could give under 1140

304
3545 is a


target below todays low of day,

so may need to raise it to exit
 
 
303
limit order to buy cover 3545 from 3575 short unh, if filled, last 3575, for daytrade piece not swing piece

258
if unh can get over and sustain over .80 then i'll exit the day piece, else holding for lower

242
unh 3575 short here looks good for into the close

212
to start 3540 intraday trgt on 3570 break, swing target 3412,, 3179

211
unh testing this 3570 area for third time today,,watching to see if breaks lower,, still short unh from 3550

202
adding



some spxu here 2670, also


some 2685 for short term
 
 
157
1143 ES sell program signal, first one today, mild to start,

1252
buying back xlf puts again here 18 cents,, xlf puts old other day for 40- 89% profit, bought back here

1217
TLT has a very small spin top candle today,,,SPY is up without bonds down to same extent,, bearish for spx

1158
this sco observation below is less meaninfgul in the lite volume here, tho

1157
thus far, the fact that SCO hit 1457 low and not under 1455 prior horiz support is bullish for sco (oil short etf),,buyers stepped in above the prior low,,,is why my first limit for 1457 missed a fill by one cent and had to pay 1465 for it instead

1109
wow sco limit buy missed by one cent, unfilled 1457, last 1465,,,i'll wait before buying higher and leave order open at .57 (from limit order 30 min ago)

1056
short term trade  2685 spxu

1043
i'll buy sco 14.57 lmit if able,,or maybe at 1480ish later

1025
adding TLT here 104.00 for swing

1001
TLT should also give an opp to add long today for swings

9:53
SCO 1485 looks good to add for swing, bbut i'll wait some here, may want lower first

Good morning

* 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".

Wedn ramblings (and Tues eve ES futures)

409
oil has some bull diverg that may allow adding to swing short later tonite/tomorrow,,,still have 75% of shares

401
vix and tlt have the same daily candle

356
tza has a valid swing long entry here

354
this unh short is being stubborn, red a little,,but still valid,,,bouncing in its wedge,,,, 3564 last vs 3549 short swing

327
SPXU 2770 here, swing/scalp combo

322
es at 60min "longer term support" ...but "shorter term 15min support is lowre

318
oops that sell program alert was for xlf not unh LOL

316
UNH sell program alert just came thru,, watching to see if a sell program and down comes, from 14.56

313
on the last bounce, xlf stayed under the resist # from 3 hours ago as i expected

306
daily and 60min TLT still bullish, bearish for spx

244
ES should have decent resist 1132-1136.,...a quik push to 1139 would show bull strength,, but bias is stall, sideways, down

242
unh last 3560, if it moves to 3530 then its within its bear rising wedge,,,if higher then redraw needed

239
under 1139 ES on 60min chart is bearish,,, lower highs and lower lows, last 1132

231
spx under 1130 is bearish too, but under  1130 may come on a gap down, who knows

205
spxu over 2800ish at 355pm, could be nice swing entry to short spx, or could enter here at 2773 and exit b4 close if not looknig good

152
hmm notice that vix is on its 15min support, but spx has not reached its 15min R,,could be bearish indic intraday, spx last 1136

147
"close" is 3:55PM for this purpose, to allow time to enter orders before 4pm

145
an spx close under 1134 today would give a CONFIRMED "short spx" setup swing, with an intital entry only 25-50% size, this is not an "early entry unconfirmed" but rather a "confirmed initial starter size" setup, for me,,, i chose to enter 2 days ago on the "early entry unconnfirmed signal" at 1140 spx

125
SCO just hit over the 1565 trgt, 1567 last,,1570 high of day so far

123
well if we redraw this ES 60min trendline for a weak "only 2 touches" and use lowest wicks, then ES is now sitting on it,,,very precarariou re-draw and bearish,,,it already broke under the "real support trendline 60min" when it went under 1131

114
1444 xlf trgt lower

113
not going long xlf on test of lod

113
1451 xlf,,,any bounce will see stiff R at 1457, if even that hi

112
also xlf at LOD low

111
TLT is at its HOD,,,,ES should test its low, for 1121 trgt still

109
ES finally hit 1128 for the 2 point scalp from 1130 (i didnt take that trade)

107
oil bulls willl see a dbl top on the short sco 60min,,,, but its in a coil so i'm holding for higher sco, lower oil,,, takin 25% of shares off here to lock 3% profit, just in case, and holding 75% shares (3% if 1500 entry, or 11% from the 1400 entry

1253
hmm tza



shot up, no longer red there finally
 
1247
sco continues its bullish consolodation up here, 1551 last

1207
TLT 104.60 is an entry for aggressive traders, conserv would wait to add more (lower or higher dependin on chart when that comes).,,i'm not adding here,,,added at 103.98 and 100 b4

1159
ES "should" hit 1128 b4 higher, but the trendline is steep and breakable higehr as mentinoed hour ago

1156
heres ES at that 1130,,watching reaction now, trendline R + horizon R but steep DTL

1151
status: sco roi +4%, tza red  -1%, tlt 1%, vxx +2%

1147
UNH just had an intraday gap lower, rare but happens, could be v bearish UNH, 1min chart

1144
the vix break over 2300 was a break over algorithmic daily resist,,,but the break is marginal and on a daily R so more needed, but is warning

1143
vix 2400 trgt BUT is at resist 2320 here

1141
es 1130/31 has multiple layers of R so will likely hold first try for scalp short,,,but getting tight

138
1131 ES is 3min DTL resist, but steep line so could break higher

1135
sco has a v nice 10min bull pennant,,,if it can hold it then 1600 trgt, tho 10min flags weaker obviously

1128
taking another 25% of xlf puts off here,,, for 43% profit since this morn

1127
vxx and sco accelerating here, tlt lagging from % -wise, but tlt is not a 3x etf, still strong tlt

1124
1614 should stall/pullbak if it hits there, b4 higher trgts achieved

1123
over 1565 sco is needed then 16.14 then 17.00 trgt, may take some off 1614 if able

1121
hmm sco hit its 1549 trgt and pulled back some as expected, still swing sco

1116
FAZ finally hit 13.19 or one penny over 13.18 trgt,,,came 3 hours late, not b4 yest close

1114
marginal break lower here dangerous but unconfirmed and is small,, ES broke slighly below support trendline 60min

1113
if this trendline breaks then 1121 ES trgt then backtest up then under 1121 to earlier morn targets 8AM,, ES will likely continue to coil first and irritate short term

1110
as expected,ES now on the support trendline test again, straddling

1107
LOL xlf puts up to20 cents here,,, 25% roi in one hour,,, taking small piece off to lock profit,,,holding other 75% for much higher

1059
its  a bearish setup if we get it

1059
given this setup, one outcome is often a "straddle near support line 60min" as es coils, sym triangle

1052
UNH 60min bear haramin, scalper could take 1% profit, but i'll hold longer as this is swing short

1042
ES "might" provide a nice short entry when its 3min stoch hits 22%,, unconfirmed but likely, last stoch 14.50

1039
SCO shoul hit 1548 and stall,,,near the coil R2, but i still see a breakout higher over the coil for the real swing targets later,, sco may visit 1490,,,may add if it hits there

1034
partial profits only take faz, 6%ish roi

1032
tho taking some faz off here to lock partial profits makes sense,,,still see higher trgts so saving most for higher

1030
faz 1318 was yest trgt,,,was missed this morn first try,,so usually will overshoot next

1016
XLF remains v bearish despite the spx pop up,also the TLT strong,,both suggest lower spx

1006
1132/1129 ES support via trendline,,,watching to see if stall/bounce or break

1004
xlf puts at 16 cents here look low risk enough, oct 14 puts

1002
TLT is an excellent tool for swings,,,it generally turns b4 spx, useful to time spx longs shorts (tlt inverse relationshipt to spx, like vix)

959
tlt 109 trgt, then higher, swing

958
tlt here looks decent at 104, i added more lil lower 103.98 (also from 100)

954
shorting the UNH here 35.48, mental stop 36.17 (not fixed hard)

951
vxx is an early entry, so stop remains at 15.96 for now,,if stopped will take loss an re-eval,,,trade long still valid at 1667

949
VXX back in swing buy zone now, early entry, at 1662 last), my entry was higher at 1679

929
ES has warning signs but it remains in its 60min uptrend..the 60min support UTL has held thus far,, tho charts suggest a break lower of it, its up till broken

7:11 A.M.
ES under 1132 suggests 1127 and 1122. the rectangle break lower has various targets due to wicks, 8-15 points below 1132. Last ES 1132, down 3 points.  1108 (1107/09) should find support and bounce, then 1099, then 1095. Charts suggest the 1132 break for lower targets.

* 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".

Tuesday's ramblings

606
*meant TLT not tbt

605pm
also, TLT and UBT continue valid longs, for me,,, prefer tlt due to higher volume, ubt is 2x ,, stop 100.37 tlt

548 pm
starter positions, swing, in VXX 16.79 looks good, stop 15.96

423
taking some of this faz off 12.80 afterhours,,,to lock 3% profit on that piece

421
VIX hit 2259, or one cent over its daily 2258 targt from 11am,,,bearish spx

408
sco up 9.5% roi but has much higher targets,,holding longer

401
i'm still trying for 1318ish faz/// 1466ish xlf to sell a small piece of faz AH,, faz profit roi now at 2.5% (from) 12.45 and 3.01% (from 12.38),, 1318 would give about 6.25% roi

349
if 1318 faz is not hit today and in AH tonite,,,trgt moves up to 1344 instead

348
es 1127ish support trendline, target

347
if xlf hits 1465 i'll sell some faz to lock profit,,holding rest

338
lol meant 1466

337
12.66 is the likely lowest low we will get in xlf today (prob not that low,,,but should stall there)

336
also 1318 limit is OVER yest high 1313, so lower would be "easier" to sell,,, keeping 1318 for now

335
about 2.8%///4% profit from .45 or .35 entries at 1280


334
faz rigth at 1280 here is good spot to sell some faz too

334
still like 13.00+ for sell faz,,,13.18 limit

333
1475 xlf...1275 faz targets were rjust hit from few hours ago

330
XLF has a bear harami, almost  dark cloud cover it closes near here daily,, depends on if they push it higher into the close or not,else a diff


pattern
 
 
327
until


bonds fall,,spx cant sustain

upmoves,
 real


money for equities will come

out of gold and tlt,,, so still bearish on spx
 
 
316
next entry could be higher or lower than 1525 , just depends on charts when setup comes

315
still no "add more sco" for oil short swing,,,running with 14 and 15.02 entries for now, 1524 last,, been waiting 3 days for right setup to add, none found yet

243
ES is right on its resistance uptrend line ,,,watching reacton

231
we could gap down tomorrow, eve star type thing, on qqqq

228
that was the fomc headfake up,,now looking for down prob thru rest of day,,

217
no tech damage to faz,,,xlf only managed one cent over resistance

215
es headfaked up,,the real move is likely down,,first move usually wrong

213
TLT more interesting to watch atm than ES, tlt going down,,,if it continues down after 215, then up would later be expected in tlt

210
TLT remains up 0.72% today,,treas bonds

153
under 1484 xlf bearish,,could getr bullish over that, last 1480

148
60min vix still climibign to its 2258 trgt last 2230

142
es should hold 1126ish first try

141
es 1126.50 is horiz asupport plus also uptrendline support, ES, so 1126/27 target

139
aud/usd looks similar to es but it would put es support lower at 1130 instead of 1133...aud/usd support is lower than ES support

135
r they dropping ES here, so they headfake move 1 up after fomc announce, then down? not tradeable strat,,,,just thoughts

133
1475 xlf if hit should give 1275ish faz

131
nervous faz could exit at 1.5% profit here

124
with the 1482 break lower, xlf broek marginally its desc bear triang,,watching for wedge or downchannel to form

119
thus far the xlf 3min DTL has held, with 4 touches to it and move lower after each touch

113
i'll sell part of faz swing at 13.18 limit if filled, far from there now at 12.62

108
just hit 1480 trgt, 1475 next

105
desc triangle xlf meausres under 1475 horizon support,,,so 1480 remains trgt, then 1475

1257
i could exit faz swing from yest for 1% profit ("get out"),,but will stay,,,faz targets much higher

1242
xlf 3min desc triabgle

1236
60min ES has a mini dbl top, both rounded tops

1227
still have swing short, but do have some limit sells on faz 1265, 1278, for a few shares if its hit in the reaction fomc

1226
intraday, until broken over R,,, ES is in 3min and 15min downtrend

1135
vix at 2225, trying to test yest high 2258ish

1131
faz 1264 trgt, last 1256, first intraday trgt

1130
that down move, was largest 3min vol bar of day for es

1125
uh oh,,,xlf cracked 1488, but only marginally,,,watching carefully here now if sustains, and 1480

1114
charts say 1488 should break lower, but given fomc changes things

1114
woundnt be surprised to see xlf hold 1488 until 200pm,,,but also not sure if it can sustain and hold another test,,should be interesting

1059
if 1488 xlf cracks then 1480 trgt,,,doesnt sound like a lot but the 1488 is impt pivot for bulls

1029
vix in 60min bull consold, bearish spx,, dojis at the start of a trend are often continuation,,, dojis after a sustained move are often reversals,,,vix 60min just starting up

1013
xlf should hold here on first suppp test and give lil bounce,still like swing short

1011
nervous new swings short xlf would exit here breakeven,,i remain swing short xlf,,long faz etc

1001
autotrader prog trade, took faz 12.38 swing for multihour /swing hold/ scalp combo, 25% starter size,,,stop under low of day

958
1488 xlf is the key,,, over that bullish, under bearish,, xlf testing the area now, and may test for hours

944
if VIX 60min closes near here, then vix will have 60min bull morn star (bearish spx)

941
as mentioned yest, 60min bear diverg xlf spx developing but not baked yet so sideways higher or lower are all viable

940
xlf 15min has bear diverg/dbl tops in rsi stoch, bullish faz

930
and TLT just gapped up this morn

928
tlt, gold, and vix strength are "warning signs" for bulls,,,no confirmations just warnings to be unbiased

927
watch bonds, tlt,,,, treas/bond investors are the most conserv,,,if THEY start buying stocks it would be bullish,, right now, gold and bonds tlt are holding steady, even green yest

912
for the


last year, since oct, spx in bear

HS,,,even if HS does not

collapse, there is no uptrendline

from then,, july 09


UTL broken lower,,sideways is often distrubution


before declines,,march


lows prior utl was also broken

lower
 
856am
Good Morming.

* 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".

Monday ramblings

337
SPY volume is close to lowest daily volume of 2010, may end the lowest vol day

334
spx daily macd bear double topping, 60min spx macd bear diverg

325
xlf hit the 14.88 target,,,will watch in coming days reaction to it,, low risk short at prior signif hi

320
GOLD and TLT are both slightly up today

318
faz lim buy 1250 filled, hit 1248,,swing for 3-30 days

254
shorting spx here 1140,,,for swing, shorting DOW 10750

237
daily spx since oct has bear HS... HS may not collapse but we surely cant say we r in uptrend with a HS pattern

230
if comp can get over 2353 it would be bullish short term, last 2346

229
qqqqq making bearish diverg on 15min, even if it manages a higher hi price

219
15min stoch on faz waking up,,,suggests some small up move,,,or that any down move likely limited,, no major faz up blast off eithe in next hourr, given 60min chart

210
*it does not seem likely that... these highs r sustainable in coming days, given the very low volume

149
faz trgt 1280/1284 and 1296,, makes sense to sell some at 1280 scalp and then hold more for 1296 second scalp trgt

114
xlf now testing its 3min UTL support line,, marginal break lower but not "real" break, yet

109
xlf may want to test 1488, still see lower xlf coming hours days

1257
there's


the bounce mentioned 12:30pm,

now looking for lower under 1130 ES
 
1253
autotrader buy #2 tza limit 2812 was filled, last 2804

1251
hmm vix 60min bullish now, bearish for spx

1231
another mild ES sell program alert, for lower than 11131,, bounce then under 1130

1222
for xlf/faz: on the 60min chart, notice how all recent small range candles were reversal candles not continuation,, thus these small range candles suggest up in faz, down in xlf if this rel continues

1219
auto progrm tader went long tza 2827 (25% size) with limit buy 2812 another 25% for half size

1157
here's ES pulling back mildly from the mild sell alert from 11:42am

1143
*1132.75

1142
1132 ES mild sell progr alert,,,see if it triggeres or not

1057
buying FAZ here at support 12.75

1041
notice that bonds are UP,,, the TLT,,, not by much, but up 0.26% despite the spx up 0.9%.... smart money is not yet exiting bonds nor r they buying spx

1038
also the tza rsi

1037
look at tza 60min macd...its going to form a higher low macd with lower low prices,,,suggesting higher tza tho its not done forming,

1030
in fact the xlf hit it 60min downtrend resist line and forming a shoot star there now

1028
xlf no new daily high, inside day so far

1026
this is a nice pop up in spx but there are some powerful bear divergence on 60min forming, not baked yet,, and xlf is lagging, suggests down

1026
still looking for "add more oil shorts swing,,via sco long",,, no entry yet, maybe in 1-8 hours

1017
xlf falling here,,,it usually leads spx,,,spx should pullbak, ES 1130 last

1013
adding tza #2 of 4 poss here 2840, avg 2880

959
tza is backtesting broken DTL on 60min,,,see if backtest support holds,,,


958
taking tza 2932 here, starter size, buyback of tza sold at .65

936
DVN swing short looking v weak at open here, good for shorts

930
there is mild algo resist at 1125es

927
es < 1127 is intraday bearish, over that may turn bull

918 AM
I still have some "early entry" swing shorts, tho technically the ES 60minute uptrend from 8/31 and 9/8 has NOT yet been broken, the ES continues to bounce off its support line. Charts suggest an imminent break lower though, justifying initial short swing entries.

913 AM
Good morning

* 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".

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

414
coverd intc shorts 3 cents from low of day :)

413
sco never made the 1515 buybak zone only hit 1530isyh

404
down a little, bounce, then down hard, is what my charts say,,,,not down hard all at once

358
last tza scalp a dud,,, 10 cents or 25 cents depending on which entry, i will hold a little scalp afterhours to play around,,,not much shares tho,,,low vol AH

348
2990 tza today now in question,,,time running out

345
DVN and UNH short setups still valid

341
ah look at that 15min last tza bull hammer,,,could get the targets scalp today,,,

335
have limit order to sell half of tza scalp 29.90 if able,,, keeping swing tza still

314
on the later day vol now, looking for the 2990++ trgt tza not 2971,,,the .71 was slower earlier day trgt,, swing targets much higher of course

306
We've had some whipsaw,, crazy up down, interesting thing is my charts say that bearish case is bias, and that the larger move is several hours away, maybe  3 days, so any wild downside now will be even more if the bearish case triggers,,,such is the nature of this chart setup IF IF IFit triggers, no confirmations yet

251
hmm,,,autotrade just starter tza, at 2930

248
also tza


trade could be: wait for 2950

then buy limit 2935, i "think" the auto program trader has something like that in mind,, i programmed the autotrading algo but can't predict it right now

223
tza needs 2951 to break the 2min scalp DTL,,then pop to higher scalp trgt

216
if sco hits 1513, might be spot to buy, unsure

153
trying for 2991 scalp from 2950,may need to settle for .70,,,prob stall .70

151
grr


missed the tza again,,,,paying

premium .50 not .46, in tza scalp 2950
 
 
148
1558 limit sell filled,,,still have 75% shares on the sco swing

146
oil short



via SCO just hit 1562, over its


1558 trgt,,, next 1617
 
 
138
missed my limit tza by 3 cents ,,,wont chase but will keep ordr open for now, in sco from 1400 and 1501

134pm
taking limit tza 2946 for scalp if filled

1255
today, rut has already tested and pierced wedn low but needs close under it

1200
taking



6198 DVN short instead,,,can



always add more later,like


setup here
 
 
 
1155
i will short sell DVN limit 6209 if able,

1147
covered intc here, breakeven intc,,still see lower intc BUT there are other better opps, so will re-einvest e;lsewhere

1142
i will cover intc 1863 if able, last 1876,,may need to cover here,,, intc will only be breakeven not profit, entered more intc yest at 1895 but avg short basis is 1870, so small profit/breakeven

1139
other sco swing trgts: 1558  1617   1650ish  1700ish,,for about 13% profit target sco

1137
from this morn entry, sco could take 2.6% profit here, or wait for 3.8% at tnext trgt 15.58

1054
intc 1877 trgt b4 1860, last 1884

1038
if intc breaks 1880 then 1860ish trgt

1032
yest xlf


had bear harami, and today

another "almost" bear engulf candle thus

far
 
1011
sco next trgt from 1500 is 1550ish now,,last 1525,,,should stall 1550, no stall would be v bullish

1009
tza 3030/3045 could also work here, bought bak for 40 cents less than sold few min ago

1008
LOL...when OIL is easier to trade than RUT/tna/tza/twm,,,,that says the rut is crazy volatile

1002
tza at 3082,,,tested the 3086 wedn hi as expected,, took 25% shares off there as it hit target, with 75% remaining, for 4%ish roi

1001
taking some off tza here for 4% overnight profit could work,,,

951
1121 is both horiz support AND trendline supp on ES, so break/hold there impt,, then another trendline supp 1116, and 1113, 1108 supports,,, bears need a 60min / daily close under 1108

946
: the


support line on the channel is

less reliable, so break under

1121 wouldnt be enough to

"break" the trendline,,, some wicks or moves below would still not break it
 
 
944
1121 ES support and bounce likely,,,,the ES up channel is v v relaible,,even last nights 1133 ES high did a perfect touch of the trendline without needing any "redraw", so the up channel remains until broken,, charts do suggest a break lower in it later

941
i still see tza testing wedn high, and breaking over it, tza swing still green

925
still looking to add more OIL shorts swing to existing pos,,,, CL getting close to an "add more shorts" setup

922am
since may, charts have shown range, which means both long and shorts made money, not only long,, 1044--1131 range... but note that 1040 was pierced lower to 1011,,,while 1030 has not been pierced higher,,, so even 1160 would not get spx out of this range (30 points higher), and more R at 1174 spx

* 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".

Thurs ramblings

311
taking final intc short, at HOD, 1890

259
short UNH now at 3412,,, 3390/80ish trgt

256
swing sco...maybe tomorrow may present opp to add more to oil shorts via sco

236
UNH short being pokey about it, but moving down

212
tza charts suggest to me it still wants to test yest hi at 30.86,,60min still bullish

207
tza has held that .4 thus far,,,

206
shorting INTC here 1878,,,exit may be quick today if it tries breakout

156
wow intc is holding up here today,,,may need to exit this,,tho it is near resist now, so watching,, intc will be a loss if exited near here,,,watching,,,still see down but maybe other better stocks etfs to utilize instead of intc if it breaks it bear setup from other day

141
hmm AMP at some kind support here,,, taking off half for 20 cents profit,, 4737 vs 4758

137
tza scalper trail stop could now raise to .47/50 from .40

133
EWJ japan index is weak intraday here

132
shorts r kicking in now,,, amp down to 4745,,, tza up to 3070,,, unh moving lower

129
tza getting close to yest hi, so resist up here but also a breakout higher if it can break that hi,,, 3086 hi

128
lets see if tza can hold 3040,,if so would be bullish tza, last 3059

121
hmm maybe better take 25% off here for 3.65% profit,,,still have 75%,, will still try for 3085 for next 25%

118
i'll try for 25% off at 3085 if able

117
the trade  tza buy 3020, scalpers would take profitts here for 40 cents .60,,,,swing would hold longer would hold longer

1256
tza hit 3020, 3011 3001 supports under it

1252
tza 3020 limit could work here,last 3026,,,

1249
shorting AMP 47.58,,, pos # 1 and #2 of poss 4

1211
algo R tza 3069,,, horizontal R 3087,,, to sell 3069ish then buy dip for 3087 and higher

1209
tza has a margninal break over its 15min dtl resist,,,but needs to sustain to confirm. but that break is a warning for more up tza

1207
look at the battle indecision on that 15min ES,,,wicks galore,, just


scalping wicks till Mr Market

picks a direction, downward bias on charts for now
 
 
1201
TZA made new daily high, ahead of no new daily low in spy spx

1150
i will double the unh short with #2 short 34.28 limit if filled, esle just run with the 3424 short

1129
scalpers would take some tza profits here at res 30.12 but i'm holding longer

1124
tza bought  at 2947 remains on "hold long all day at least" for now, also 2960 tza remains same

1107
small profit target to start in  unh,,, trgt 3390 for now,,,from 3424 short

1054
unh starter pos, short #1 of poss 4

1053
shorting UNH 3424 if filled

1034
there it is,,,INTC has broken 1860 as expected, now watching for followthru or lack thereof

1033
WOW


ung just took out my stop,,, will

look for reentry later, profits locked at least on ung, its v volatile instrument
 
1016
raising hard stop on UNG to 646 to protect profits / fat fingers,,,,mental stop 6.60,,,should stay over 660ish  else likely sell to take profits and buy back later, cost 622, up 7.5% roi for now

665 is poss "add more ung" for 720 trgt,,no confirm of buy more yet


946
newly acquired tza swing 2947 still valid, last 2985, still "early entry tza",,,rockets will come later not just yet

932
ung continues to move up, gapped up, toward its 679 and 720 trgt, last 674,, oil continues lower, sco (oil short) higher, but no "add more sco" yet

839 AM
clearly ES is down, swings shorts still valid, but no real conviction and large drop until yesterdays criteria met,,,on the way there but no confirmation yet

* 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".

wednesday ramblings (and tues night futures)

403
when candles get messy like


this,,,i switch from daily view to

2day view,,,the 2


day candle is a bear spin top doji

type thing
 
359
i'm going to take a LOSS here in this qcom about 1.7%,,,,still see down but re-invested in better chart setups

340
note how much weaker goog is than spx...goog is no where near yest hi

244
ES trendline support 1112 on 60m, so 1112 target for now

234
heres intraday 1116 es test,,,still need 15minclose under it, followed by sustained

230
tlt 60m starting to form bull diverg 3x ,,,only have 2x now, third not done,,  smart money going to bonds???

217
decent volume on this lil move down here

202
es bullish until gets a 15min close under 1116, then bearihs

152
finally a qcom sell prog alert,,,watching if it triggers or not, at 4176

150
wow


caught it just in time,,tza now .61
 
146
program autotrader 82% wins,just went long tza 2945

135
watching for bear HS to form es 3min

123
tza now in horiz support .38 then .10

121
if tza takes out 2910/2870ish i'll exit the newly entered tza and look for other entries

117
tza .55 did not hold,,,last .43

1258
down a little, up, then down hard is the usually roadmap on this pattern here

1257
ES 60min stoch now newly over 80 but with the dbl top stoch in 15min,,,usually this will pull back,, initial entries over 80 on 60min stoch are often bullish, but not with this chart pattern

1251
the candles daily "could be" breakaway gap candles,,,but this is not the usuall formation since these candles are at/below resistance,,,breakaway gaps are better when over R, so i still favor them as being bearish candles with an island top formation

1249
xlf has broken the 60m uptrend support line, and now backtesting up

1248
spx gap open under 1110, or a daily close under 1100 would be the v bearish spx signals, for me

1244
tza buy prog alert, russel sell signal at tza 2960

1223
grr qcom has trapped me LOL,, red 1.5% now,,,short still valid but i might need to exit this for a 2%ish loss,,, staying for now but may need to exit this one,, short still valid so watching to see if short pattern is wrecked in coming hours


1219
also, a close over 3027 tza today would further suggest the 2910 was the signif low for now

1218
2973 last tza,,it did bounce from my .60 entry

1216
earlier this morn with tza at 30.50 i suggested tza low would be .55,,,lod so far 2952,,,watching to see if this holds as low of day

1159
if tza holds here then it would suggest that the 29.10 low was "the signif low" for awhile, until higher targets hit

1158
IF IF the tza holds here it would be v bullish for tza,,,another higher low...watching carefully

1156
bought tza at



.59 close enough ,,, tza should now bounce,,, been waiting 2 hrs for this #
 
1155
tza 9 cents from fill,,,will still buy 2955 if filled

1133
goog hit 47840 near the 47825 trgt,,,still see lower goog trgts 473.27, 463, 448, 441

1130
tza back near the 2980 swing buy zone now, 2990,,,still might want 2955 but here's decent too

1126
JNPR also forming HS on its 60m

1124
heres the qcom test for formation of poss bear HS mentioned at 10am,,,4140 needs to hold as R else 4155 again, not sure it will form, since it was only speculative at 10am

1113
removing order to cover 1113 now,,,missed by .5 at 1113.50,,,now should go lower,,,will do manuyally

1110
if 680 breaks should pop nicely, else turn down here to re-group and poss buy-bak any shares sold

1109
UNG just hit 677 right near 679 trgt,,,still will hold to watch reaction,,,and also for 720 trgt, from 622

1107
still plan to cover some ES 1113 limit

1104
if i didnt have some tza from 2947 i'd have layerd in some 2980,,,but have some already

1103
2980 last tza,,,still will buy more 2955 if filled

1057
watching for poss bear HS to form on qcom 3min

1051
limit buy 2955 tza if able, last 2988

1036
limmit cover 1113 from 111675 if able

1024
intc has some hammers on the 60min,,,bearish as it starts to top here

1022
shorting 1116.75 looks good

1004
taking 25% shares off for 2 points profit more again,,, (shorting via spy, spxu etc not directly ES, using lim orders),, still have half


1003
taking 25% shares off for 2 points profit,,, (shorting via spy, spxu etc not directly ES, using lim orders)

1002
ES 1115 short looks good, i tried


1115 cuz 1116 resis above it on

the DTL 60min
 
but dtl is newly formed so weak R for now

955
ES up tho i believe the piercing of the 60min trendline shows weakness for later,,,tho its now above it,, notice the 15min bottom tails,,buyers


were not waiting at the trendline
 
 
952
ES is likely to form a coil on the 15min chart, excluding the tails, with declining R now at 1116.50 but moving lower of course

947
es 15min forming some bull diverg 15min

946
tza moving nicely this AM, trgt 3150 after 3104 trgt stall, swing trgt much higher

941
qcom has that v nice, v shortable "macd dbl top followed by a lower high",,, the same setup i used yest on the tza 3min for scalp,, but the qcom setup is on 60min so good for swings and scalps both

938
adding to qcom short here on the bounce at 4137, positions #2 and 3,,, avg 41.15 short base

925
ung trgts 679 720 next,,last 671

907
ES newly formed 60min steep downtrend resist now at 1117, if the R holds,, good shorts may present on touches tests of the new DTL, or shorting at horiz resistances with stops over the DTL

904
GOOG at 478, gapped under 479.50 support, good for goog shorts

902
TZA hit over 3042 trgt this AM premarket, so took some profits there from 29.47 bought yest,, still have faz tza ung and other swings

858
watching ES carefully here next 30 min.... a gap below 1110 and esp under 1108 would be v bearish,,,prob wont go that low by 930 but watching ...last 1111.50.  The 1108/06 was yesterday's ES target that was never hit,,,that remains impt support level horizontal since up channel broken down.

wedn 851am
ES 60min stayed in the lower half of its rising up channel all night, but has broken below its support line at 5:30 AM. so now the horizontal supports come into play: bullish if they hold, bearish if broken. I Still have the same bearish bias from yesterday.

* 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".

tuesday ramblings (and Mon nite futures)

450
ES 10 min chart, bear dbl top M

447
tza at 2999,,,,still trying thaqt 3040 AH after 3020ish

435
i see 1040 spx,,then a smaller range 40 points not 80,,then mr. market decides up or down

430
the


dojis are more reliable after an

uptrend been up awhile,,,this

one could be "worse" downside,,,comparer 7/14 doji and following down vs 8/6 doji (further into uptrend) and more downside than july


421
japanese psych says when a day closes lower than a prior doji low,,,panic may ensue, so we look for the close

405
these 2 daily es candles r bearish: spin top n doji,, to confirm candles, need to look for a daily close below 1105 to prob mark the end of the rally, in coming days

359
had to take other shares of UNG scalp off at 660 vs 645 cost for 2.3% roi,,, ung scalps outperformed tza today

359
cuz if 1116 es cracks, could get the 1110 by 415pm

358
tza maybe


3042 AH idk
 
353
2990 tza taking 25% off here at R,,,,still have 25% lefrt

349
the macd dbl bottom followed by higher low pattern mentioned b4...is very reliable pattern


345
tza hit


the.73 trgt,,,25% taken off,,,still

have half
 
 
342
limit selling the tza 3000--3020 if able,, after the .73ish trgt

341
if so, might have some wild rides in coming days :)

340
60min ES has a possible broadening formation developing inside its 60min upchannel

331
still have half of ung scalp from 645, last 661,,and ung swing from 622, last ung 662

329
dbl bot and higher low on macd line not hist 3min tza

329
3min macd tza says up, so holding this lil scalp thingie a lil longer

317
better take lil tza scalp profit at .63 from .47,, locking some profits anyway

310
tza macd vs price 60min has nice bull idverg but its still baking, not done yet for larger move

306
theres the stoch cross #2 bearish es,,,watching to see if it does anything

300
for now 2973 trgt will try for in tza, maybe more or less

257
tza 2947 scalp

256
 3min es stoch also about to dbl top

250
3min es stoch crossover bearish,,,just to observe, not tradeable on its own

245
inability to hurdle 1119 should cause a drop to 1110ish as nervousness sets in on "not testing HOD" or " no new HOD".... neutral rite now

241
ES now testing that 1119 pivot....over this could get bullish,,under it,bear intraday

228
not today but a daily close under 480 should give it,,, or multiple 60min closes,, rectangle target, then 465 goog,,, g

223
a 60min close < 1853 should end the intc move up

219
QCOM short swing now red 0.6% but still valid short setup,,,intc red 2.5% loss roi atm,,,still like intc short swing,, need to allow swings to go red a lil b4 their targets r hit

217
ung just hit scalp trgt #2 at 660,,,took 25% more off 659 for 2.18% profit ,, still have half of scalp and all of swing ung

215
the es appears to have formed that 3rd utl on 3min when it hit the 1116 and bounced,,,a break under 1116 with a 10 min close under should trigger the lower targets, if it breaks

212
ES sell prog alert, mild one at es 1117

207
ah the tza has formed a 3min bull pennant, small one,,,trying to decide up or down, up favored for now

204
filled..hit 656

203
taking 10 cents scalp here in ung 655 vs 645,,,on 25% of shares, for 1.5% roi

201
simplified view: ES under the 20MA for the 3min, bearish while under it

158
659 scalp trgt ung from 645,,,,still holding swing from 622, that would give 2% scalp roi profit if hit today

152
3min ES has a 3x bull diverg on stoch but not looking strtong enuf to do lots of upside, atm

149
yea...tho a close < 1116 on 15min would be confirming bearish

147
taking 40 cents profit on 25% of tza shares from higher price (self trade not auto trade from 2923)

142
ES <1119 bearish intrady for lower trgts,,,over 1119 the lil dbl bot stoch could push higher

140
LOL figures... ES closed 15min rite on 1118 and a hammer type thing just to confuse us

123
tza 60min macd hist near to crossing > 0

121
still watching for 15min es close under 1118, that would be bearish intraday

116
ES 1118 is algo support, 13 min timeframe, watching for break of it

1254
if ES gets a 15min close under 1118,,,would suggest HOD could be in, or at least retest lows, not likely to get on this candle on first try

1249
ok the ES has broken steep trendlines #1 and #2 on 3min charts,,,likely form a third final UTL as it bounces 1115-18,, if/when that third trendline breaks then it should end the 3min uptrend and form a new 3min downtrend

1241
program trader doubled size tza,,,same price, just more shares,,,50% size now

1239
1115--1118 es support

1237
ES looks ready to crak the steep 3min utl now, 1120.75 last,, but since its steep it will likely bounce, not go down hard on first crack. to try to form a less steep one

1234
UNG here 645 looks like decent re-entry,,,but i'm still holding from 623 so no reentry,,,shoudve sold on gap up this morn

1232
112050 is ES steep 3min treendline support

1220
prgram trader just entered tza 2923,,,a better price than the 2955 that i entered at LOL,,buy 1 of poss 4 in tza auto program

1144
looking for es to test 1117, or 3min steep trendline, then watch for break or hold, last 1120

1134
QCOM now up since shorting, but still like short, looking to add more later

1123
still see the 1108 ES trgt today,, ES hit resist, now time to test support

1119
 not sure we trend today, given bear divergence, could doji or shoot star

1118
theres another trendline with higher R that doesn't "cut thru" prices, ES

1116
ES is now at a 60min resistance trendline #1 (exlduding wicks), at 1120.75, trendline's a lil tricky due to wicks

1056
in tza here 29.58

1049
i just got a "resistance alert" signal, es 1118, shorting ES 1118

1043
as expected, QCOM is not participating in this little qqqq rally here,,,good for qcom shorts, still looking to add more qcom later

1015
among other chart signals, qcom yest had a bear shoot star, and opened today under yest close,,,signal to short, also declining macd  daily hist, 60min bear diverg price vs rsi/stoch/macd

1011
shorting qcom 4082 to start, stop 4163 for now

958
limit short qcom 4097 if able, last 4075, starter position short #1 of 4 possible entries

953
qcom still bullish daily but weakening, for early starter short entry, soon not yet

946
hmm XOM is getting ready to short "again"...no entry yet tho, maybe in a few hours,, also DELL QCOM on radar for short opps

930
UNG is up again today gap up at 669, to 679, 720 trgt,,, hit the 643 and 665 trgts already

Tues 915 AM
Yesterday I mentioned that ES would likely move lower to test its lower 60min UTL support line, now at 1108, and horiz support at 1111. Last ES 1114. Pattern suggests ability to move to 1095/92 also, but will watch reaction at support 1111/08. Support remains support until broken.

Mon 622pm
marginal ES break on 3min trendline,,,still well over its 60min UTL supp 1105ish,, still see a test of at least the 60m support line rising

* 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".

Monday ramblings

508
aud/usd turning down,,,watching es as it tests 1119 simultaneously

425
charts are suggsting some pullback

424
2 things to watch for (bearish) : 1. an open under today's close, and 2. a close under todays low

or, to watch, bullish: a close over today's high, or a higher hi

419
VIX has a bullish candle inv hammer but needs confirmation with subsequent day close over todays hi (bullish vix is bearish spx)

410
es 60min support channel is at 1105,,,could see a move down there

406
i remain swing short via tza 2970 for now, and shot intc jnpr,,,long ung sco,,,, shorts currently red, ung green, and short a lil spx from ES 1118---the limit add more short 1118 posted this AM was filled

359
those stocks are moving "as expected",,,not haphazard like the indices

358
some shuffling is defintiely going on, because stocks like INTC JNPR UNG etc are not so erratic as the tza russle and spx

332
ung long at 661 now, may break to new HOD

326
in tza 2955 more

310
intc may try for 1860, that is ok, last 1846

307
individ stocks r much more reliable in this crazy whipsaw RUT russel

307
shorting more INTC here at R for swing, at 1846

235
this is crazy wild up down,,setting a limit order to sell 50% tza at 3040 if able, for 2% roi vs 1% roi on last 25%

212
3020 next tza trgt micro,,, hurdle of that should bring higher trgts

207
60min mini ES bear HS

203
taking 25% shares profits tzaa 3005 here for 1% roi, prior hi,,,holding rest for much higher


133
tza 2977

126
sds stopped out, took profit,,will look for long or short entries later, none yet

116
stop .91 for sds to protect profit

1256
es minor break lower in the bear flag but not confirmed yet

1254
still bear flag now, and 1113ish holding R

1253
if bear flags gets bullish or neutral,,,will exit the shorts

1253
ES 3min bear flag...impt to see if it stays bearish or not

1248
ES 1113ish still holding as R,,,waiting for any long scalps, still new swings short

1236
es testing that 1112.50 newly formed R here,,,watching to see if it holds,,,,1112.50 was the "sell program trgt" achieved

1230
if es 1113 holds as r,,expecting 1108 next

1225
taking 25% profits es 1111 from 1118, for 9.5 points today

1224
es 1108 next

1223
see 111250 didnt hold :)

1222
 risk for longs...the 1112.50 may not hold...3rd drive to low

1217
expectin 1112.50 bounce to maybe 1114/17 then break under the 1112

1210
if we had small 60min es candles i'd take profit here, but larger candle suggests possible break lower

1209
es 1112.50 trgt still, but 1113.75 support so watching

1209
normally i would take 25% off here,,but waiting to clock brofits

1208
SDS now testing HOD,,,expecting it to break it ,,,spy LOD

1201
autotrader taking 25% position on spxu sds, short ES at 1116, with  limit orders to short more at es 1118

1148
es broke 1116 b4 1146am,,,now watching to see if newly formed micro R holds

1143
1112.50 trgt for sell progr if triggered

1143
time trgt and sell prog sign are 2 seperate indicators unrelated

1142
sell progr signal es at 1115.50,,also near the 1146am time target coiincidence

1132
under


1117.75 suggests under 1116

with 14 min, before 11:46 AMish
 
 
11321
111775 just held, thus far,,,

1128
bounce


under 11175 here would be

weak, over that bullish, under

11175 suggests lower break of 1116
 
 
1126
es support still 1116.25,,,looks to break lower tho, newly est 3min support usually weakrer

1122
111775 es short could work here

1115
charts suggest some sideways here then eventual break under 1116

1114
1116 ES is both 3min utl support and horiz support,,,

1111
taking profit on 25% shares at 1116

1110
1115.80 ES trgt then lil bounce,,,see what happens if that holds or breaks lower

1101
sds is breaking over its steep dtl on 10 min,,,

1055
1115.60 es trgt

1042
1115 ES trendline support

1030
UNG just hit 663 near the 665 target,,, next trgt 679 720 after poss pullback

1012
shroting again 1117,, same trgt as b4 1114 first then 1112

953
with more ES support at 1112

952
Gap theory suggests we look to see if ES breaks under 1114 or over 1117 for direction rest of day

932
INTC short also gapped up so thats red,,,short swing still valid for now so holding

931
UNG long swing has gapped higher right at (not over) prior hi 660

927
ES hit the 1116 trendline just under 1117 hi,,,still observing

912
if we exclude candle tails then ES UTL resis at 1016,,,watching that area for reaction up or down

910
i'm removing open unfilled order to add mor oil shorts at SCO 1407,,,will reeval later, last sco 14.17

858 AM
Good morning.

* 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".