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".