Thurs ramblings (and Wedn eve ES futures)

357
if short gold,,,watch out for bear flag to form as price moves up temp...or theres a poss inv bull HS setting up on 60min,, or or ABC up

356
short term waves:  ES 15min chart wave 1 down,,in w2 up now to finish tomorrow, then w 3 down ,,,,possible map

344
i'm going



long gold, for quick swing bounce,


129.45 GLD,,, DGP is 2x but GLD has better volume so using gld

323
i have a "oil move up" setup now,,,hence exit sco which is short oil

317
in LLL at 70.01 for long swing

309
i am going to hedge long in LLL swing,,,looking for entry now 6970--7000 area

234
i'm holding onto short csco swing,,posted scalp profit already,,,better short chart than wfc, tho xlf bearish

231
out of most wfc, locked profits 2600, still see



lower,,,but prefer to reenter later
 
 
226
2597 wfc will cover most, limit

214
wfc just hit the .91 trgt,,,but i didnt cover,,,too late,,,i lowered trgt now to next one for more $$$$,,,

206
oil sco and csco chart looks good to hold overnite, into pomo, at the moment

205
i might close all the wfc today and look to reenter,,,or keep just a small 25% piece, depends on close,,, chart suggests it may want another pop up after this so might not hold short overnite

201
wfc cover now 2542,,,lowered again and will do manually if 2542 not hit

156
finally the CSCO 2307 limit got filled,,,,scalp profirsts locked there from .43ish

153
grr missed filling my wfc by one cent,,,and bounced,,, now i'm lowering it to 2586 not .91

147
spx es trying to break lower here,,,charts suggest lower,, still have es trgt 1172

146
still have limit cover wfc 2591 for now,,,, 2307 for csco scalps

109
looking for oil CL break of 7984 then needs to break 77.80 (78 supp), trading short oil via SCO

1253
*2307 lim csco scalp,,, swing trgt 2275  2232  2150

1244
limit cover scalp csco 2303 if able, last 2320,, holding swing for lower $$

1242
1172 ES trgt

1239
es a good chance of breaking 1176 within 23 minutes

1209
oil about to break its low of day to make a lower lo :)

1208
WFC in  a bear rise wedge 60min

1154
vix daily hammer thus far, bull vix bear spx

1144
at 1304ish

1143
sco at some resist here,,good spot for scalp profits 2.4% from 940AM

1135
if csco closes around here and pref under 2318 then it will have a bear dark cloud cover top reversal pattern daily

1128
also still have the WFC scalp cover limit order in 2591 if able

1127
i'm taking 20 cent scalp profit here at support csco

1125
csco broek support so next trgt 2318 intraday

1119
15min bear harami was confirmed,the 60min also forming its own bear harami which wont be confirmed until at least 12:01  pm

1114
taking scalp profti on sco from this morn, about 1% in 1 hr,,holding rest swing

1113
one min later,,,,  :) csco 3min support broken,,, more support lower so prob no big move lower, yet

1112
watching to see if csco breaks the triangl support here

1102
now will buy to cover lim 25.91 scalp piece

1100
filled on .25 WFC short

1100
WFC hit .25 but didnt get a fill yet

1057
in add to that 3x bear diverg 60min csco

1056
csco 15min bear desc triangle

1052
oil looks like its basing at the moment to form a lower hi, daily

1051
wfc initial trgt 2627 so trying short 2625 rite under it, no fill yet

1044
will add wfc short 2625 limit if able,,may want .34 but will take .25,,,combo swing/scalp if hits scalp trgt

1029
tho it might decide to put in a spin top today, that would be boring, like 10/18

1028
i have a "stay short all day  setup" for csco in add to swing short csco

1026
hmm the 60min ES looks suspetible to forming a rounded top down to 1130/20

1012
csco intc wfc didnt really participate in that last ES spike up,, is why individ stocks seem better than spy sds etc for swings atm

1008
back in SCO again 12.70,, a few cents cheaper than my stopout yest,,,just didnt know how low it might go so exited to reenter,,,i am now short oil again

948
euro has held resist on the rally and now has a bear diverg macd rsi 60min,,see lower euro lower spx

929
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".