Wednesday, October 13, 2010

wednesday ramblings (and tues night futures)

356
hit .47,, .53 then .66 trgt next

354
or .66 trgt #2

353
tza 2248 trgt b4 close

331
BAC also at impt support,,,some would take partial profits here,,,i'll hold

312
swing TLT 102.40 could work, last .90,,,,,will eval if gets there

305
still holding tza,,,trade still valid not stopped out

255
1750 and 1400 intc targets (1400 longer obviously)

242
looks like intc has biggest red candle daily today, since  its July 14 top,, 1917 last,,wow, from 20.02 high today

231
stop on oil "early entry" short is just above oils prior daily high,, may need to take a small loss on the oil short if stopped out, to re-eval later long/short if stopped,,,oil was


"supposed" to do what intc did
 
 
 
230
loooking again at TLT,,,was stopped out at 103.67 last 102.50,,, may buy if it gets over 10275ish,,,

207
"movement alert",,,direction unknown but might see 2-6pt move in next 30min

155
WOW 1938 last intc from 20.03 hi today

150
INTC volume right now is already more than yest total vol,,,heavy selling in intc

142
if INTC closes under 1944 it will have a huge bear engulf pattern, opened above yest hi n close below yest low,,, aka key reversal day

129
wow 1947 intc,,nice for shorts,,, bac holding better but still unable to get higher,,, red bac day good for bac shorts,, conversely tza is taking a nasty hit lower

110
WOW intc now down at 1954 good for intc shorts

103pm
the euro continues to suggest that it put in a top 4 days ago,,,until it makes higher hi bearish euro,, i remain short euro from near its top with stops over it

1256
very interesting that treasuries are not selling off with up in spx,, they r down today but a narrow range doji not red candle (TLT)

1245
EURO tested resist and now weakening, falling on 60min,,may spill to lower spx

1152
will prob sell half tza 2279 if able for small profit and keep other half,,,sell half after cost avg accomplishes its purpose

1148
2nd half of tza here .51 to hold for hours, avg tza 23.65 to hold day or longer, no more tza until this



is sold, bought in 2 lots not in 4 lots this time


1101
still have tza prg trade .80 but might exit,,,still in for now

1027
prog autotrader  just got the 2380 fill in tza

1022
program autotrader 82% wins will enter tza at 2380 limit if filled,,, last 2392,, half size position, to hold for hours

1017
look a vix green daily bar, now at gap R

1014
scalp shorts good here,, i do NOT yet have a "hold short for hours/all day" setup

1005
euro under 1.4029 prior high is bearish, for me

954
INTC is now below yesterdays "before earn close" and well under the earn hi 20.00ish, last 1970

941
TZA did a perfect touch of its 60min DTL support,,,watching to see if it can bounce over 23.33,, under 2333 bearish for tza

935
INTC opens over 20,,, falls to 1971 in 5 minutes on open

837 AM
The recent trickle up in Russel /YM from about 671 to 700 looks very similar to the 21 point DECLINE from 606 to 585 in July. The July decline was followed by a rally that brought it to 672 or about 65 point rally. Watching for similar decline now from this move up, the inverse of the July similarity..

Double click chart to see full size



* 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".

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