Tuesday, November 30, 2010

wednesday ramblings (and tues night futures)

419
bear 150,000 red intc 21.15 vs 21.49 close,, 3063 red KFT 633,700 shares

suggests down tomorrow

411
thats why i prefer shorting individ stocks instead of dow, dia, dxd,,, usually will outperform (or not lose  as much on bad day_)
 
410
DD was up more tho, 2.89%

409
MCD  KFT  DIS shorts still outperforming DOW,,, DOW up 2.27% today vs. only up 1.25 and 1.26% and 1.67%

403
bear spy wicks AH to 120.40ish, suggests down tomorrow

401
barely closed under es 1106, but closed under 1106

355
taking 2 points profit on half es,,holding rest

353
for es today is lowest vol day of the week

320
to take profit,,will cover half of kft scalp 3051 if able, last 3062

319
kft under 3160 expected by 338pm

318
should see


es 1204 with 17min if velocity

continues
 
315
now MM are buying but apparently only to hold up to short more,,,unsure,,, MM bias analysis remains down short

241
2218 spxu

240
shorting



es 1206 viz spxu
 
234
i think we close under es 1206 today

228
not heavily shorting, but shorting,,no strong institutional selling,, maybe hedge funds idk

222
Market


Makers are now starting to short

here in select stocks, at ES 1206
 
208
DIS now making new daily lows, to fill gap

144
KFT "should" go under 3050 today,,watching

120
3033 lim cover kft for profit if able

109
lower volume on this up day

1233
swing shorts here could work,,,355pm still onhold shorts multiweek

1232
DOW hit 11,250 trgt from yest

1202
filled on rest of kft short

1157
partial fill on 3064 short

1154
still have 3064 short order kft, last 3060

1106
yest i mentinoed that es daily desc triangle was too good to be true, bear trap,,, no desc triangle now, busted by bulls,,,still on "short rallies for swings" tho

1054
i will addmore kft short 3064 lim if filled, over the .60 high

1039
waiting for 3060 or higher maybe in kft

1022
3023 trgt on KFT scalp piece

1019
scalp swing combo shorting KFT here 3052

949
of the new shorts today, KFT is weakest so will scalp that and also add more swings later mayb

937
the last 2 days i've been warning of poss rally on the spx,, this lil rally is still in line with charts, still on "short rallies swings" for now



515
For shorts i still prefer short eem,,edz over short spx

see the daily? spx sideways since nov 16 with no lower low,,,vs lower lows in eem... also see how EEM has lower highs??

* 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".

Monday, November 29, 2010

Tuesday ramblings (and Mon nite futures)

411
the 1171 ES is looking vulnerable to crack lower,,,even tonite,,,has held so far but looks dangerous to me

406
SPY wicks pointing up to 119 bullishly,,,still see shorts as valid tho

401
LOL shorts on non 3x dow compon went up 0.3--0.5% in 10 min

354
sco 12 calls posted yest up 34% atm,,,partial profit taking makes sense,,tho holding most uso shorts. sco.


353
limit sell 75% sco 1225 if filled today, prob wont,,,

344
if my analysis is correct, in addition to bear chart patterns, Market Makers have been shorting the rally today, and they will hold

337
KFT, MCD, DD are all same dollar amount positions,,my DIS position is twice as big as those, more weight to it

334
4718 shorted DD swing,,,may want .30

329
4723 short DD if filled,,, 8547 cat short

323
swing,,just shorted MCD now 7866

319
still trying to short more DOW stocks,, mcd  cat dd r next if setups come today

304
just shortted DIS swing again,,, 3674

235
i'm going to enter some new swing short positions, prob in MCD   DD   CAT  KFT  DIS as my dow proxies

221
CLOSED all scalp except last 25% on USO,,, 3625,, 1%/3% profit,, GREAT move :)

215
oil 3 min,,off the cliff

212
oils done it, marginal break of low of day,, :D  but theres still few layers of support here, mayb chop, watching

209
oils moving now,,,still needs to crack that low of day,,,v close,,,

208
taking half off uso, to lock 0.5%,,1.5% profits, scalp,, still have half left :)

206
DIS 3680 short looks good but waiting,,,still may want 3700

200
getting ready for possible quik exit to lock profits in uso, sco scalp,,,none yet but maybe in minutes

148
oil needs to crack here, and then crack under the low of day, to get any down accel else we keep chop

147
heres oil


at 8500 trgt,,rite on the coil

support,,tight coil now,,,still see

lower
 
 
143
CL oil coil supp 8514 and 8500,,,needs to crak those, last 8513,,,if no crack then i'll exit small profit and reenter yet again, scalps,,, swing still  


holding
 
 

126
MarketMaker analysis, dow, MM are gently shorting here,,,but with a pattern of layer in,, could go higher, for swings or swing scalp combos,,no new



entries for me short, still watching

DIS .81ish,,,still want 37000ish



116
disney still creeping higher as expected, no short entry yet,swing,, glad took short profits at 3620

1259
got a fill on uso 3658,,,took an hour but filled,, next profit uso may be small since range narrowing in the coil,, if coil breaks then big profit, else smaller

1257
TLT is rocking too,,may take some of that off to lock profits, swing

1255
i will still short uso 3658 if filled, sco, 3655 last,,if i didnt have a pos already i mite take some at .55

1244
DIS is hugging its 60min resist line DTL but think it might expand channel to go over it, unsure,, resistance is holding thus far tho

1243
wish DIS would get to 3700ish then would short,,,holding off here 3660/50ish for now ,,swing

1238
hmm uso did not "make it" up to the upper line of its coil, where my "add more shorts" order was,,,bearish that it didnt make it, for now

1236
still no fill on more uso,,running with existing short position,,will not chase it to add

1211
reshort more uso 3658 if able last 3652

1156
oil---unsure if bounce, prob bounce cuz its only 1155am,, BUT oil can move FAST when it blows,,,so wont cover auto at low of day for profit

1155
going to test low of day looks like,,,holding b4 cover to see reaction

1147
oil is also approaching coil support and this coil is getting tite :),, still see lower

1146
cl oil is now rite at 8500 support,,,still short half size scalp, full size swing

1131
scalp profits on half uso locked here, sco, for 1% profit in 1 hr

1130
:) there it is, the uso break, within 20min, 5 min after signal

1128
3 min later,just hit 3648 algo support,,,lil bounce could happn or, or could break here

1125
i expect uso to break 3648 before 12:33 pm, lil more than 1 hour, maybe 20 min

1120
 smh is weaker than spx es today

1049
shorting uso here 3660,sco 1172, this is in addition to current sco swing, for swing scalp combo

1035
DIS reversed lower exactly on the touch of 60min DTL resis, vbut still waiting to short,,, 3661 short could work but will wait,,,

1024
hmm notice the SMH,,,it is NOT rallying with spx here

1017
355pm signal remain on "stay short eem xlf  spx" but its short from up at 1223 spx on 11/8 close

1015
for swings short,,,need to be careful of possible bull basing in xlf that could push up spx,,,so only shorting the extremes spx,,,, xlf bac look like could try to rally in coming hours days,, still hedged via bac long 11.10

1013
also, ung may want 550/546ish lower,, will let it consolodatet b4 reentry swing

1012
UNG hit 5.67 or one penny over yest "buy again maybe" trgt of 566,,,but i'm waiting to re-enter,, a 25% size starter pos could work here, but i'll wait for re-entry for now,, but i'll wait for re-entry for now,,, too many other positions to monitor so no want to monitor 25% size atm

1008
OIL is just chopping around wildly as expected via yest "early entry",, short is still green atm

1006
DISNEY held its daily uptrend support line perfectly, one reason i took profits in the short yest as it approached the trgt,,, waiting now for re-entry short, no entry yet, prob need to wait 1-4 hours for reentry short swing

956
OIL 60min chart has changed and it is now coiling in sym triangle,, still short atm

932
8453 next trgt daily for CL oil short, last 8470,,,may need to take half profit off at 8453 trgt, will watch reaction

904
initial SCO trgt today is 1200ish,,more precise trgt later, may sell 50-75% of  the sco to lock profit and re-enter

903
oil down 1% , new  sco fron yest up 3%  :)  es down ,,, the 1-3 day swing strategy continues to work as we move sideways here, es bias still down for swings

1039
oil cl moving down, now down 0.5%,  to test 8515/8500 area,,,watching if that holds as support...then 8455, 8415 8357  8280,, good for new oil shorts

* 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".

Monday ramblings

401
SPY bearish wicks 11775ish AH

401
i'll still short a little disney AH if filled

400
oh well,,,didnt get the fill on reshoritng DIS,,,will try 2omorrow,, still have other shorts, and newly entered SCO

352
355pm signal: still says stay short, since nov 8, for multi-week swings

351
i will reshort dis lim 3673 if filled, if not will wait till 2moro

347
there goes spy over 11935 :)a

346
MM most likely will bring spy over 11935,,,they were forced LONG there,,but they also started shorting,,,suggests chop with mixed MM positions

338
still 3675/3700ish trg last 3648

337
disneys ready for another short,,,but needs to bounce then i'll reshort the bounce

322
i'll re-enter DIS short again when its done rallying,,,no entry yet

308
UPRO just hit its 3% trgt, from this morn entry, so exiting to lock profits,,, fun day tday

300
SPY



approacing 11935 trgt,,,expecting


chop around here,,,down


poss,,,over 11935 likely too,,now


tricky
 
 
256
not really expecting big downside b4 jan 1,,,, big boy bonuses so hold it up, but maybe lots of whipsaw

255
dis may want 3675, may reshort there idk, would be 60min downtrendlin resis

248
glad i took dis profits at .22,,,last 3644 now

239
ES justhit 1184 trgt,,,watching to see if holds here on first test...

238
ADDING more sco here, will prob sell half b4 close, 1162 sco, avg sco now 1170

235
taking off here for 12 instead,, can always reenter

235
will take profits there if able for 9 points on second half, 5 pints on first half, 14 total if filled 2nd

234
yup 1184 still trying to hold same trgt as 930am for second half of long es 1175

231
SPY expected to exceed 119.35 in coming hours days, could chop around down up first

223
long SPY upro autotrade just also hit its trgt and exited with profit

222
dis stopped, profits taken, 3622

220
sco trgt: 1193, 1230, 1314, 1600

215
one penny from stop out on DIS,,,still have it LOL

212
sco Jan $12 calls .75/.85 could work here as oil short, or uso puts

207
EDZ dec 24 calls from nov 16 now at 90% profit, makes sense to close 50-75% here

202
dis 2 cents from stop,,,not stoped yet

158
dis low of day 3610 so near low if stopped out

156
stop cover dis 36.22 last 3618,,,to lock profit

130
chop likely in oil in comoing hours days

128
sco early entry, trading the bear 60min diverg on oil

127
shorting OIL via sco 11.77 here

118
shorting dis, smh, semis, easier than spy spxu sds dxd atm

110
taking 50 cents profit on half that aggress scalp SMH short, soxl, from hour ago,, 1%ish profit

107
no long entry setup here,just possibly

107
WARNING: the KO stop is now move to near breakeven,,,swing,, KO is at support here in a day uptrend and perhaps even merit reverse swing long, on last 25%, took profits on 75% of KO shorts

1256
DIS is down 1.5% today vs SPY down 0.37%,,,is why using DIS as spx/dow short proxy,,,weaker, big diff,,, DIS was weaker on 60min on thurs fri last, which is why i shorted it last week

1252
interesting, my analysis suggesting that today is NOT institut distribution tho red down,,,could be retail or hedge funds,,, sugggests poss chop in coming hours and days,, but in-conclusive evidence atm

1247
also smh gets better fills but not 3x,,,

1244
conserv would wait on short soxl

1244
4353 short soxl semis, scalp, could work here, while waiting for swsing long entry,, or soxs

1240
DIS trgt down 3600, 3577,,3515 ,,,,trying for 3515 b4 taking profit but not likely today, watcing 3600 react, last 3614

1232
still have 100% size dis short,,,25% ko short

1232
DIS down :)  new low of day

1210
hpq is under the .28 buy trgt, but not long hpq,,,cancelled that as posted, .16 last.. why? cuz it was combo scalp swing and i missed fill long, then it hit its scalp trgt, now now just waiting

1203
ung 566 long might be good. last 579

1153
ES 15min pattern: bounce, down, bigger bounce, down hard, same as 930am,,,where we r now down not down hard

1152
the SMH is in a 10min bull falling wedge but no break out of it yet,,, will go long on break higher,,,could go down awhile still first,, via SOXL 3x

1146
careful long,,, semis near low of day and they been stronger than SPX,,, if cracks low then spx goes down, at es 1175

1144
KO is making new daily lows, again :)

1140
cancelling HPQ long limit order never filled, will do manually,, still in DIS short, rockin there

1139
 no position yet just monitoring atm,, trying to be patient here on swings "in tennis no mans land" rite now for new entries

1139
SOXL long semis looks good 4203 if able, last 4330, its 3x 3x etf, no position yet just monitoring atm

1125
UNG is now below what i sold it at,,,looking for reentry there for swing long, none yet

1123
lowering hpq to 4197 lim buy long

1117
grr hpq missed .28 no fill so lowering now to .20,,,not chasing

1114
no fill yet,,, .33 last,, using HPQ as QQQQ proxy,,like the HPQ for DOW/QQQQ combo proxy

1113
taking a 25% size position in HPQ long hedge 4228 if filled, combo swing scalp

1105
may want .35 or higher so took .12 profits

1105
KO hmm taking 25% more off here to lock a 2% profit (vs 6% 3xetfs)

1104
KO still doing well here,,watching to see if profit take area,,,still trying for .80 with lim order, last .08 or 30 cents away from trgt

1054
the ES 15min getting lil stronger,,,the first bounce is usually weaker, then pullbak, then bigger bounce,,, then see what 60 min looks like after all that

1053
intraday ccharts suggest another long scalp after es pulls back some from here, and close shorts there, and then reshort those bounces

1047
but i'm only hedged long,,,also short the dow via KO DIS proxies,, diff timeframes,,, ES long shorter time,, shorts longer times,, both r green atm

1045
taking half of ES off here, upro, for 4 points ES, holding other half, same stops and trgt on half

1041
taking profits on 100% shares this TYD for now, not liking this etf action,,,will reenter later more TLT maybe

1039
KO cover 6280  limit if able on all except 25% of shares, will reenter on bounce if trgt hit lower if able

1028
meanwhile, KO continues making new daily lows,,, on the way to its lower trgts, last 6309 :),, is why i only took 25% of shares off b4

1027
SPY / ES scalp long/day: stop 1/2% under cost OR take profit 1% over cost,,, or 1.5% / 3% for upro

1020
but KO 10min and 3min starting to maybe base so watching here to see if take more profit and reshort higher

1019
i'll take profits on only 25% of KO here at 6330, because if the 6320 breaks it could go for 6250, the 60 and 15min charts still weak,, 6327 last

1003
watching for "under target stretch" to 6207/6196ish if able

1002
ko just hit 6330, or 2 cents over it 6328 trgt,,,watching reaction here now b4 taking profits

1000
another



systtem just triggered a long spy


118.00,,not the 355pm signal, scalp signal

956
KO support 6328 trgt down, last 6336,, will wait and see reaction if it tests there, prob hold first try w bounce but waiting for profit taking for now

952
still have 355pm swing short KO,,and intraday "hold all day short",,,no profits taken yet on swing

951
KO now testing its LOD,,see if it breaks lower

944
KO does not care about that spike up in ES,,,remains flat near lows

927
/zc 30 yr treas up atm 0.4% vs es nq dow down .27%  .13%  .23%,,, long treas still valid,,, tlt,,, tyd 3x etc,, may take half of tyd tlt off today, unsure, still short KO DIS 100% sizes, both green


* 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".

Friday, November 26, 2010

Friday ramblings / Thurs eve futures

114
355pm signal is still on "stay short" but it triggered at the close on 11/8 at 1221 spx,, still 25% short there having taken profits on other piece


104
horrible day for bulls here imo,,,,low volume and no move up??????

101pm
heavy es selling here now

1256
so instead of shorting DOW or dia dxd,,,shorted KO and DIS,, will add other dow compononents later

1251
i will swing short DIS 3690 or whatever i can get, before the close today

1239
wow KO just got hit with a big red candle 3min,, good for short

1235
i did swing short KO yest tho at 6455, near 6463 high, as posted here

1231
to me,, the SPX has rectangles and triangle patterns, and we r in middle of rect so entries here either long or short i don't like,, bias is down, so i like short rallies but "not here",,, so i like short rallies but "not here",, also the 355pm signal is STILL ON "remain short",, SPX rect range approx 1173/77 --- 1196/1203/1207
 
 
1229
yea i might swing long gold but not today,,,need to wait for another round trip on stoch 15min chart as the 60 is still stabilizing, for me

1227
so just running with 25% position from higher levels for now

1225
one reason i'm hesisitant to add add more swing eem or xlf short swings,,,is that xlf is in downtrend but its steep and could rally to "expand" down channel.

1052
actually i'll use skf not faz,,,faz is too cheap and gets bad fills on pennies, no entry yet

1048
also looking for spot to short xlf,,,faz

1047
Shorting INTC 21.33,,will add more intc higher if able

* 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, November 24, 2010

* 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)

430
theres a bull diverg too on vix vs rsi: higher rsi  2450--3050,,,vs vix lows 1794--1776, bearish for spx,, suggests coil to break up not down for vix

415
reason i


see maybe chop is also cuz were

some large block orders GREEN,,,

now they r forced short
 
so MM will push down,,,but maybe more buyers??? that equals chop

also, triangle chart patterns = chop

410
same analysis as 330 with added note: chop expected:

chart analysis combined with Market Maker analysis suggests to me that Friday is a doji day, and that we have downside in coming days, and that now its looking like we could start to coil,,,,is why i'm trading individ stocks in additino to just the spx eem etc

408
lol SPXU is back to a penny profit AH here for conservative wanting out

403
bear spy wicks to 118.50 AH

401
SPXU small loss here about 5 cents if i closed it,,,but holding

400
it took all day but xlf finally hit 1464 daily trgt,,,never got higher

354
KO may want .75,,,no worries,,,this is not real buying,,,no block order in KO,,,prob shorts cover

351
BAC now at 1122,,,only holding it cuz its free swing from 11.11,,,but accomplished its long overnight hedge purpose ,,, took 1.5% profit on BAC long but dont like this area for new long bac

348
ultra low volume on KO today, bearish

334
xlf hit the 1440 trgt but still has not hit the 1423 trgt down,,,can go there in comoing days

330
chart analysis combined with Market Maker analysis suggests to me that Friday is a doji day, and that we have downside in coming days, and that now its looking like we could start to coil,,,,is why i'm trading individ stocks in additino to just the spx eem etc

326
and they r shorting financials,,,not good for spx,,,esp since financials are "already low"

325
but marketmakers are shorting again ,rite now,, tho they can hold overnite

324
doesnt mean we hit 1201,,,its declining resistance,,but should


hold decently on first try anyways
 
 
323
1200--1201ish is downtrend line resist on daily ES

322
355pm signal remains on "stay short" for all top 100 etfs except long swings on smh  xrt   xop

305
taking some 2281 spxu to short ES 1196.75

300
the "first try" up off a low,,,generally will pull back

259
bac short 1127 intraday scalp could work well,,

247
MM were absent awhile, have now returned and they r shorting

246
MarketMakers are now shorting the BAC hmm,,,suggests


limited up on friday???
 
 
236
*short could work

236
ES short here 119575 could work

231
the


355pm signal for KO has been

flashing on and off short long

short,,,,so could go either way but

looks like time to exit the long n

reverse short
 
225
119550 near but not shorting it yet,,remain short KO,,, tyd long

222
my analsysis suggests that BAC has one more pop higher over .27 and then should move bak under .27,, *last 25% of shares bac has stop at breakeven 11.11 as this was early entry,, took 1.5% profit thus far on 75%

220
maybe short es 119550 idk

216
This TYD stuff sure just jump around,,, how fun LOL ,,, lower vol than i usually like but good for swings

214
theres the crack i mentioned 3 hours ago,,shorting a 3min chart bounce here could work ES

206
will also scalp this ko as it may have better movement than boring ES

204
i'll start layer in here 6457 KO short

203
actually i'm going to swing SHORT the KO now 6483 if filled. last 6460

157
but i'm exiting a piece of KO now,,,will buy bak later

156
LOL coca cola KO just wont stop going up up up,,, been long that forever, just made another new high :)a

131
i'm going LONG swing in TYD here 6210,,, other day i posted it looked good at 6340,,,has pulled back,, this is an early entry, 355pm signal is still on stay short TYD, but starting here for small bounce to start and maybe trend change,, TYD is 3x long bull 7-10 yr treasuries

126
BAC should go over .30 but i'm not sure if they will bring it lower first,,,so out for now

125
out of 75% of bac .29,,tired of this,,,saving 25% for higher levels, not worth tick watching for half a percent

102
355pm swing signal: for dow, all are on short except long signals on intc hpq axp,, that doesnt mean enter short here,,means stay short from earlier higher entries

1251
1.5% profits locked on 25% of bac shares, at high of day (so far)

1250
for me to short, in this chart, i'll wait for it to make the first move down then short the bounce,,thus "missing" the first move but safer

1248
i'm exiting 25% of bac here to lock some profit,,see higher but this is now "no mans land" tennis

1246
ES moving down a lil,,, BAC holding up,,,if ES reverses up 3min chart then bac should hit its target and get a fill on sell order

1238
BAC now at 1.5% roi from yest entry,,,would be 4.5% if was 3x etf,, just need more shares to mimic 3x

1237
xlf 1466 trg last 1462

1234
buy alert for BAC

1228
3min BAC bollbands gettin tite now: 3 cent range

1223
yest: i mentioned expecting a bull morning star in the xlf,,,we have it here, daily

1220
that 3min xlf,,is bullish

1219
Junior guys at the desk not authorized for anything fun :)

1219
maybe


these MM are on autotrade and

left early weekend? cuz they are

only hanging out at extremes this

long
 
 
1212
this is unusual for MM to stay on sidelines so long,,on many stocks they r just letting retail test,, intraday,, when the MM come back,,,things could get get volatile up or down,,,for the moment my analysis says they r still testing

1208
the BAC bull V pattern measures to 1141, ovrew the 1138 trgt

1202
WOW the UNG :),,, up spike tho only 25% positino left,, the NG futures foreshadowed this move, in last nites trading

1159
poss bull 3min cup handl bac 3min,,and the cup handl trgt is... LOL... 1137,, near the .36 order sell

1155
xlf did not get that bull 3 methods,,BUT the bac does have it, on the 15min,,now must get confirmation,,bullish still


1154
still see bac over 1128 in next 30-60min again

1148
MM may drop bac back under 1128 but should go up over it yet again if so

1145
BAC is now back above 1128, within the hour posted earlier :)

1144
BAC trgt is 1138, placeing order 1136 to sell halfif able, under the trgt

1143
the xlf is "maybe" forming a 15min rising 3 methods candle pattern, 5 candles with 6th need to confirm,,,is a bull continuation pattern if formed, not reversal pattern

1139
market maker report: they are still testing retail here,,they have stepped aside

1136
xlf chart suggests up again now

1135
maybe 15min es will form a bear rising wedge as it makes upside before falling in coming hours days

1129
now looking for up via the BAC lol

1127
closing faz scalp for small profit 1233 or 0.75% profit

1118
yes entry was lower at 11.11

1117
its hitting 1123 but no fill,,,not changing,,,either fills or i go with the exist position

1112
*1123 lim buy,,no fill yet

1111
1122 lim buy more bac if filled

faz 1224
1108
i'll go long scalp bac 1120 lim if filled to add to swing position for scalp,, faz at that level could work too scalp

1102
BAC should move back over 1129 in next hour, last 1124

1053
market maker report: they r testing mkt now,,,testing retail

1052
not sure the daily high is in yet,,,still could go higher

1051
es getting "weakening signs",,,sideways, lil bounce type thing

1050
strategy: crack, bounce on first crack, short the crack bounce

1049
15min chart doesnt have a crack in it yet,,,waiting for a crack, then may short day scalp

1042
1133 resist on bac, last 1130,,,lim sell 1136 half shares on stop run, if able

1041
BAC is outperforming xlf today :)  up 1.8% vs 1.3% xlf

1038
BAC is at 1129,,,basically the 1130 trgt from 9am,,,, still waiting for 1136 on half shares

1035
hpq is at the 4350ish trgt now ,,,but not taking long yet,,,let it move sideways chop awhile,,,maybe .25,,,no entry yet

1032
also note the bull diverg on the macd signal line and rsi on 60min spx

1030
depending on how u draw 60m spx Downtrendline,,,spx has broken it higher,,but the 60min macd hist warns higher is poss with maybe 1199, 1204,,1207,,,waiting for mr market to decide

1028
wow intc only 10 cents from target,,,may want even higher,,,will not short it yet

1026
for now i'll lim sell 11.36 BAC, half of shares, and then try to buy back,,may not make 1138 today but thats stretch trgt for now

1019
i might consider hpq  long4350 4325 if it went there, unsure,,depends on chart at that time,,,i missed the nice move yest on HPQ,,  i missed the nice move yest on HPQ  on that limit order never filled grr

1013
yesterdays 21.25 "short intc" order was based on poss down break of rectangle not up,,,but the order was never filled and intc broke higher instead, which is why i cancelled the short order as posted yesterday b4 close


1011
i may short 21.65 intc if it gets there (not likely today)

1011
intc rectangle has a target of 21.65,,,which "just so happens" to be horizon resist from prior high,,,isn't tech analysis cool?

1009
1130 next BAC intraday trgt...1120 last

1006
xlf is not yet on a daytrade short setup,,,still on buy dip spx xlf tho that could change,,,for holds longer than 1 hour,,but,conversely, no entry yet, no dip to buy

957
BAC is lagging here up 1% vs qqqq up 1.5%,,,but thinking bac will catchup then surpass qqqq, as shorts cover,,, they have not covered yet but rather appear to have re-shorted,,,if it moves higher then both old n new shorts should produce a nice pop up

955
i see this market, on daily charts, weekly, as distribution, sideways not up or down,,, for me its sideways




bear bias due to distrib,,,but


playing both long short in this


sideways stuff swings
 
 
953
es 1191 has several resist lines all there,,should hold first test,,,or 1193 yea

950
also may use qcom aapl rimm as qqqq proxy,,,hpq axp ko for dow proxy

949
waiting for a setup to go long the qqqq,,,spx qqqq dow suggest scalp day buy dip,,,but no entry yet,,,will skip the short scalps for now

937
intc hit the 2125 trgt but i did not swing short it,,,watching for now

936
yesterday i posted a gap up today, spy xlf bac both gapped higher,, still in new BAC long

833 am
ES hit 1187.50 just over the 1187 target,, 119150 next

820
es trgt: 1187, 1191.50, 1198,,,rect measures to 1195ish

810
newly entered long swing BAC from yest is higher pre-market now, 1117 last from 1109 close

809
es supp 1175- resist 1185 rect, watching for break up or down, range bound till then

805
es 60min poss dbl low, now basing,marginal DTL break now testing DTL break higher, with a 3x bull price:rsi diverg

756
considering new LONG qcom aapl rimm, for a quick 1-5 day swing,,,my 355 pm swing signal remains short, this is for a "bounce" play with poss trend change to up

747
qqqq iwm russel remain stronger than spx, with an inv HS is inside a larger bull-biased coil that to be fair is bias to break higher not lower

734
Yest i mentioned that we might get a spx gap up this morning, partly due to xlf action,,, ES is up  3.50 now, but could change b4 930am

726 am
We have a slew of economic report data coming today due to shortened trading week:
830: initial claims, personal income, pce, durable orders, 955 mich sentiment, 10am new home sales, 1030 crude oil, 2pm fomc again

* 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, November 23, 2010

* 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



459
BAC wick to 1190 AH,,,that would be great if it hit there,, expecting less to start from 1111




414oh i forgot to post i exited the last 25% of csco short today,,its in



other account,,forgot
 

410
it was a good day today tho, better than expected... the "pomo effect" is wearing off,,,using swings helps a lot

400
cancelling the hpq long,,,don't know if i like the entry anymore, it already made much of the move i wanted up

357
exiting now the last half of ES short day, 2 points gain

354
xlf hit todays 1441 trgt from 9am,,,see how much lower it goes


354
1420 xlf next trgt,,,but may bounce 2morrow,,,trick here on bull diverg forming 60min daily

337
the xlf also has a bull diverg 60min which is another reason for bac long

336
taking long swing BAC 11.11,,,,may hit 1105 or lower, can always add

333
no fill yet,,,but will buy b4 the close


332
BAC has a possible bull morn star setup,,,this is not tradeable or confirmed,,just idea,, but it is near prior support 1105, and a bull diverg on daily is forming tho its not finished yet,,,,early entry long hedge in BAC based on support buy and developing divergences

322
BAC should pop higher a lil then under 11.12, i thikn

319
stop es 1183.25,,,would be a small 1.25 point loss if stopped, but up for the day so willing to risk loss

314
closing my prior BAC swing short i've been carrying around since april for 64% roi profit

still see lower BAC but bounce first


308
'm going


LONG for quick swing hedge in

BAC,,,1105 if filled, 25% position
 
259
also 118.20 spy supp

258
spy is now over .30 as expected 15min ago

255
4374 is the intraday short area so mayb come down some (not shorting)

254
grr hpq just shot from 4345 to 4375,,not chasing this long,,,will wait for proper entry,, no fill or entry yet

247
warning,,, XLF BREAKING LOWER,,, watching for sustain or not

246
grr not getting a fill on either HPQ or INTC:  need hpq to go down for fill,,,its going up,,,, need intc up its going down LOL

245
es and xlf both bounced exactly at the 1442 xlf trgt :)

239
lim 4311 long HPQ,,,25% size pos

231
limit swing short INTC again, 2124,,,if filled,,,still see it falling more

226
4317 trgt hpq,,,may buy there, last 4350

220
still have


half size daytrade, 1183 es short,,,,xlf not yet hit .41 42 trgt but closer

212
i am looking for a LONG in HPQ to hedge my shorts,,, HPQ is the only dow stock on 355pm swing long setup, no entry yet

152
spy over 1847 then lower would not invalid short day, last .38

151
spy 10min and 15min macd hist ticking down now,,bearish

149
taking 2 points here on 25% of shares, 14 for the day

145
es almost cracking the 3min utl line lower,,holding for now

142
also see xlf 3min,,,bear desc tri

141
tho es holding the 3min uptrend supp line for now

140
es 3min bear diverg,,,within a 60m downtrend

137
10min ES is giving a "weaker again now" signal,,,more chop as signal is new

133
we expected SPY to move as high as .75,,, didnt make quite that hi, remain short, expect .50 now


117
there goes xlf break as expected,watching for followthru

114
1441 trgt 1442,,,should bring the es down

114
xlf...expecting .47 support to break lower


109
spy over 11875 should retrun to under 11860

109
a move up then down would NOT invalidate the symbol,, alert triggered of poss up first

106
this is getting tricky here now, for me at least,,,buy and sells flashing,,, choppy seas

103
oops just got chop alert,,,again the move down could be limited, idk

102
es should now move down, may be limited,

1257
es short here 1181 could work, entry is a lil early unconfirm

1240
the 15min es has a nice clear down channel, see it?

1239
prob with Markt Maker signals: not purely mechanical or mathmatetical, requires artistic interpretation

1238
i "think" the market makers exited their long positions profitably, they now appear to be shorting the mkt,, thus far the MM signals have worked

1233
lol that was fast, moved while typing,,,now 11832,,,watching reaction

1232
spy should test 11830 down, 11850 last

1228
 surprising cuz this week is usually bullish b4 thanksgiving

1228
even lower low poss,,,60 and daily both on swing short setups

1226
yesterday, SPY 60min boll bands were narrower flatter and it broke to downside,,bias still bearish for swings

1146
a move down, small, then up, is what i see

1146
chop time now i think

1136
i will cover 25% more es short either at 1173 or xlf 1441

1134
other alt: trapped MM long may short HERE and then cover 1173 to make up loss,,they r fast to exit when trapped,, if no bounce here then thats likely what happend

1129
if no bounce here, then MM likely are trapped long lol,,,they will push it up later if not now,,dont see a str8 down,,maybe at


the 1173 trgt
 
 
1128
85% confid the spy will move under .30

1127
might take over 15min,,

1126
the SPY may pop up here over .35 even .50 but should then move lower under .30 per market maker analysys, last .32

1122
rect ES trgt 1173 if broken

1119
1442 xlf trgt down,,may cover some es there

1115
taking 25% more off here to be sure, for 4 points (6 total),,,still have half

1114
charts suggest lower low could happn,,tricky here,,,atm they say lower low,,watching support reaction here

1111
lim cover 25% more 17750 if able for another 5 point

1108
also could make lower low,,,so leting it ride for now, 75% scalp short

1107
es may hold 1178 over the 1177 low of day due to trendline,,will watch

1103
there it is, trgt hit,,,now if it holds here i'll cover another 25% of ES short,,else hold for lower

1102
spy approaching .56 trg,,, 59 lst,,should go under

1059
hmm spyt "should" go back under 118.56,,watching, last 11875

1056
ahhh...the es 15min,,,maybe its building a bearish 3 methods 5 candle bear cont down pattern,,unconfirmed

1055
large pos would take 25-50% es off here to lock easy 2 points

1045
close to entering spxu scalp here

1028
es 15min candles may be bottom basing,,or may be continuation down, could be interpret either way atm,,,need to watch reacts

1026
and,,,even tho we are LOWER rite now,,, my "stay short swing" signal is actually stronger not weaker, despite being down, this may change in an hour but for now, its a stronger sell swing than it had yest

1022
10min first lil sign of strength spy: usually this means down sideways b4 up on spy,,,initial reaction usually fails and weak signal, but spy spx signal is there, tho still on stay short day

1011
yest i wanted to buy TYD on a pullback when it was at 6300,,,grr now at 6430,,,missed that opp for nwo,,,looking for entry later :@

1002
lets see if 1183 is resist or not on this test, last 1180, if it gets to 1183

1000
bulls must hold 1170 es or could be bad nasty,, expecting to hold atm 1178,,1172

957
ES just hit the 117950 trgt

955
es is now .5 pt from its supp trendline,, watching reaction see if holds or now

952
117875 is horiz support from "somewhere" lol

951
117875 trgt es: trendline 117850,,horiz .75

950
at the


open, often is oversold, mini

bounce, then lower, then pops

higher on 2nd exit from oversold
 
 
950
gap theory 15min method suggests lower still

947
this may be a very boring day from 11am--2pm,,,its already "slow" LOL

937
EDZ options are up 60% profit decent spot for profit here on half

934
EEM down 2.7 vs  SPY 1.2 %,, eem fell harder, edz up 8% vs spxu up 3.7%

836
was able to cover 75% of EEM at 4525-33 BELOW yest low of 4583,,,EEM is under yest low, unlike spx which is over it,,another reason covering pre-mkt,,, eem seems "too low"

833
for now,,es remains firmly in the downchannel 15 and 60m mentioned yest

832
ES has a poss desc tri in 60min,,unknown if it plays out, trgt is 1160 es if it does

828
limit sell some sds 27.88 if able ona spike up over yest hi,,prob won't hit that profit target, stretch trgt

827
trading ideas long:  HPQ uup srs xop  tlt  ung  tyd(3x) faz edz,,, short qqqq xlf  eem spy,,,but no new entries yet, just watching those stocks for poss additional entries atm

818
also the XLF is at 1445, right at my tgt i had yest for xlf so could bounce here,,1426 is next trgt down after bounce then break lower, but need  to observe reactions here at the open and first hour of trading

813
one reason i held overnite,in addition to chart patterns and indicators, was that the Market Maker analysis suggested that the MM were still short yesterday, as I posted yest

811
closed new eem edz swing from yest for 6% profit,,, closed other edz for 18% profit, still have 25% shares from yest

757 am
nice gap down here atm,,,i'm using this opp to take some nice profits on swings, will close 75% of shares and hold rest,

* 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, November 22, 2010

* 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 / ES Futures Sunday night

406
more noteworthy is the SPY red sale 1million shares at 120.17

405
spy 119 down wick AH

359
on 60min ES,,,the 60min UTL supp broke and now backtested, but the trend remains broken atm

358
dont forget, we did make a lower low today

356
POMO tomorrow,,, then next 11/29

354
that lil rally, that looked like short covering right there,,,no large block orders, yet anyways

333
1452 xlf trgt then may cover some shorts on xlf eem spx es edz faz etc,, or 1454 LOD

321
i'm looknig to enter TYD on a pullback swing long 7-10yr bond

315
xlf is sick *-)

311
eem spx qqqq xlf all  remains on stay swing short

305
355 PM signal: TLT is now signaling swing long, a change from last 4 weeks short, to close shorts tlt, tbt etc

247
filled on more eem 4623,,edz 2340ish

246
*4623

245
i'll still take 4624 if able short eem, last 4620

244
yea,,,kinda scary to short this week,,but xlf is really bearish atm

243
eem hit 4614 or one cnet over 4613 trgt but didnt add more short yet

239
warn: XLF 3min: not rallying here with spx

232
eem more shorts 4624 if filled, last 4609, may take .13

222
tricky here cuz es still in 15min down channel

214
"dont


fight the trend,,, dont fight

Goldman Sachs" lol,,,tho the MM analysis

tricky atm
 
213
my MarketMaker analysis says they r still short intraday,,,expecting lower spx,,,will see

208
UNG just hit my 609 trgt :),,, tho i exited a bit early 605 cuz saw 600 coming

200
81% sell

158
i'm bearish while under 1192 es

155
118850 es was sell alert

154
es sell alert 80% confid,,other sell alert earlier today did trigger nice downside,,,sometimes will pop higher first

153
es 1190 trendline R

147pm
took 13 points on lhalf of last es trade 1197 at 10AM, trying for 6-8 here on half ,,,faz and edz r outperforming spx shorts

1338
not sure how much will get of 1188 short,,watching reaction at this R


1337es 1188 short

1336
shorting



again eem 4605,,, 2372 edza
 
 
120
1188 ES still resist,, should hold down on first test, watching

119
considering another day short EEM 4609/4611ish,,waiting to reenter,,still have half of EDZ day from 2300 last 2384

108
still have higher trg later in ung but taking the 11.5% profit on a non-3x etf

108
i am taking half of ung off here,,,close enough to 608 trgt, 605

103
is the es 60m setting up a complex bear HS from 10/27? mayb, for swings


1254
11.5% ung now,, looking for 12.0--12.25% roi ish

1253
UNG... 3 cents from trgt,,, cmon lol

1251
me waiting for green bar then backtest

1250
es hit 118250 or half point from 1182 trgt,,,me chikn for long tho LOL

1249
EEM nearing the 4564/4573 trgt

1248
like a key reversal day tho were r not at top

1247
right now ES has a bear engulf daily,,,totaally engufling yest hi/low range

1244
dow only down 135 pts,,,open to 1179   1172 es,,just watching and will cover shorts at stalls and move up

1234
still looking for xlf 1442ish trgt down,last 1456

1232
edz scalp now up 89 cents,,, 2389 vs 2300 entry this morn, for remaining shares :D

1231
1188 ES should fail on first test on any bounce there,,, es made lower low as expected :)

1229
eem now at 4600 support trgt

1228
4577 EEM trg b4 the 4519

1226
wow EEM trgt 45.19, last 4611

1224
maybe then wanna form a 3min,,,guess what,,, inv HS

1223
sell alert in ES for a lower low

1221
eem: 10min: a bear flag that broke lower and backtested for lower,,,or higher first? watching

1218
if 1188 breaks

1217
es 3min rec trgt 1182, tho supports at 118850, 1186

1211
es now approaching the "long scalp" setup i mentioned 11:37 am but no signal yet

1152
eem does have resist 4625/23 which could work for short, but waiting, not taking scalp

1141
may also want 620 and 700 so only selling 75% shares,,,

1140
UNG now at new high of day,,, 9 cents from its sell take profit trgt,,trying for 12% vs 10.75% roi

1133
sellers r likely lurking at es 1196 if it gets there,,,should turn down on first test there

1126
596 last, 608 will give 12% roi

1125
lim sell 75% ung 608 and try to buy bak lower if 608 is hit, 610 trgt

1113
es 3min stoch over 80, then under 20, then 20flat might present a long scalp opp,,,will take awhile for that to form, bias


down while in the wedge
 
 
1110
a 3min bull diverg es is forming but seems too weak to trade it long atm to me

1109
rigth now, its in a wedge, till broken over the 1192

1107
if es stays under 1192 will be forming a falling wedge,,,higher could be a downchannel instead or reverseup

1105
MrkMaker analysis says EEM should go over 4617 then lower under 4617 maybe under 4600,, will try to short the bounce,,,,never got the .37 short fill for more scalp, still have edz swings

1104
118750/1186 es trgt

1103
theres the ES break, 1min later

1103
eem making lower lows daily intraday now, new LOD :) new highs in edz

1059
grr missing trgts by one cent today,,, xlf hit 1466 not 67 and pulled bak,,,still see chop

1057
already hit 1429 or one cent under 1430 trgt,,,just waiting atm

1055
*4637 not 4638 to short EEM scalp,,,edz,, my trgt is 4638 but placed order a penny lower to assure a fill if trgt hit

1048
1442 xlf, bring it on :),,, last 1461,, for faz 1320/1330ish,, not likely str8 down here of course

1046
XLF warning,,,precarious,,barely holding sup

1041
lim order in to short the eem ,,,edz, at eem 4638

1040
i will wait for 4638 EEM,,,not .30, last .27,,,if stall then maybe go for .30ish

1036
exiting the EDZ scalp piece to lock 1% profit and will try reentry eem 4630 if able, last 4621 EEM

1036
impt: watching reaction now xlf at 1462 supp test

1032
taking 25% of shares in faz off here 1223, still see higher, for an easy 1% profit

1031
WOW the EEM is now at its low of day after running up with spx :)

1031
the 3x bear is approaching its first trgt now

1030
but i would wait for reaction at xlf 1462 first

1029
es long at xlf 1462 could work,,,es stronger should bounce at the support, for holds over 1hour, scalps not swing

1026
1443 is my "real" trgt for xlf short on "the bear 3x eftf"

1024
MM analysis suggests some chop here

1023
EDZ is at scalp 18-20 cent prof trgt now,,only selling 25% tho

1020
agressive could do faz here 1211 to short xlf, faz 3x bear xlf

1014
in more sustainable rallies, usually the xlf will lead up, not lag like this, "usually" LOL

1014
notice the daily xlf,,,its still in a clear downtrend unlike spx chop

1013
1462 xlf next supp, last 1469

1012
warning: XLF is at its LOD, testing,,,watching for hold or break lower

957
shorted eem 4651 cuz was near prior day hi 4655 yest

956
notice how xlf is just stuck here and not participating,,will short that later

955
shorting eem 4650,,,edz 2301 for swing/scalp combo

947
still holding the UNG long, now at 10.25% roi,, next trg 609,,maybe breaking higher here just a lil over yest Hi,, the 609 may present an opp to exit and take profit on half, and hold half,will watch reaction if it gets there

941
this 1192 ES pivot is impt: was resist on 11/13 then broke higher n turned to support, then broke lower again 11/16, then higher on 11/18

937
xlf continues weaker than spx this morn

934
same swing targets for EEM and SPX multi-week shorts,, now in week 3, weaving in and out on half of shares and simply holding other half thru the chop until signal changes to long

919
1187.50/1186 next ES down trgt support

917
its interesting that tho ES spike higher on Sun nite, ZB 30 yr treas futures did not fall much, and now have big green candle, diverg

746
atm charts suggest a test, bounce to lower hi 1200/1202, then under 1194, es 1200 is now resist

Monday 740 am
1194 ES is 60m trendline supp and horiz supp too,, over 1193/95 is bullish ES, under that turns bearish on trendline break 60m

So the first test of 1194 will likely hold, may be testing now at 1196

* 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, November 19, 2010

* 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

313
355pm signal still says "hold shorts" on spy qqqq eem russel from Nov 8.

310
Today's volume on SPY is very very lite. Any rally is suspect on such.

134
ES on sell also from 1195.50

134
SPY
15min is on sell to hold for hours,
not scalp

fwiw,,k bye ,, "again" lol

118
UNG trgt 609 next, lsat 593, but see up to 720 in UNG which would give 32% profit if hit

111
out of ewj 1046 for one cent loss,,,prefer to reenter later

104
ewj new entry from yest, still on swing buy hold but electing early exit

103pm
I will limit sell EWJ 1052 if filled and look to re-enter. Small profit only but think better to exit re-enter.

1126
For DOW 355pm swing signal:

All of DOW is on "hold swing short" except for AXP  KO  INTC


KO continues to be an amazing long hedge, even making a new high today
6560 is the KO all time hi (20 yr hi),, KO is stretching to test it at 6396 last
Also since July, MCD has made NEW all time highs almost every week, tho its now going sideways,, but i'm still in both the MCD and KO,,posted here many times about these 2

1118
UNG keeps moving up, now at 8.6% profit, toward trgt 605 or 12%

1040
simplified
view: for multihour holds,
, SPY is on "short
bounces" as long as rsi 60min is
under 57 and pref under 52, last 47,, rsi(14)


1038
generally if the signal "flashes" on or off, both longs and shorts would be profitable but the profit would be small until signal makes up its mind.

1036
also OIH is flashing on and off for long, tho USO remains on short,,,these are for 1-6 week swings not scalps

1035
The long in EWJ is new, but borderline signal that could flash off

1034
fwiw, 355pm Signal says remain short all the Top 100 ETFs except long signals for: EWJ  UNG UUP  XOP. Some of these have already been short for 1-5 weeks, so the signal does not necearrily mean "enter new shorts here"

951
UNG at key R which i expect to break higher at 584,,,could pullback first or break here today

946
Will be taking most of today off for vacation day

quik update: new EEM short from yest EDZ is doing well,, will hold it longer, also UNG moving up this morn

* 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".

Thursday, November 18, 2010

Thurs ramblings (and Wedn eve ES futures)

416
see xlf daily candel? bear shoot star BUT its "less valid" because 4 red candles

411
UNG had a nice day today,,, it tested suppport which held and pivoted up to make a higher hi than yest

409
several million shares of SPY being sold red AH

407
SPY wicks pointing down under 118.50 for tomorrow,,, 118.18

356
ewj is a bit tricky---its gapped higher today and is at daily boll band res,,,but this 355PM signal has 100% wins for 2010 yr so trying a

353
i am going to hedge long with EWJ long 1040--1050 area,,,sounds crazy but setups there ,,,, 25% starter position only

349
a few changes on 355PM signal today to long,,tho still on short for spx qqqq russel  eem  xlf

345
almost 1% so far on the scalp EDZ and FAZ,,,still have half,,,,

340
taking half edz scalp off 2321 for 21 cents

338
4627 eem trgt if able for the edz scalp

337
taking half faz off here 1185 at stall just to be sfae on this boring day

336
i'll sell half of faz when xlf hits 1481

334
taking half of ES off here for 3 points profit,,holding other half

333
1176 faz

327
1481 xlf trgt

325
xlf is breaking down here, slowluy, could pull down spx qqqq eem

320
edz 2300 scalp, rebuying what was sold b4

319
xlf is rite at support, watching to see if holds or not

311
poss inv bull HS es 3min, but such narrow range can go either way

237
exiting EEM short scalp near breakeven, keeping swing eem short,,not worth the scalp

236
1492 xlf R

235
xlf hit 1488 not 1487 by 233pm,,,

214
1487 xlf by 233pn est trgt

211
xlf 1487 trgt last 1490

205
could be warning tho not tradeable,,,they will quickly step aside if caught on wrong side

205
hmm interesting,,,one report i have suggests marketmaker just took a small loss on a long intraday,, not tradeable just interesting

149
84% sell


on EEM
 
 
139
UNG breaking higher,,,didnt move to the .57 first

137
MM lowering their asks here, bearish

134
83% sell still on

106
the EEM 60min chart just showed the first minor crack of the day in it,,,easily could be repaired but warning is there,,, no cracks on the xlf or spx,, usually the crack gives a small down move, then up, sideways

1255
sell alert still on 82%,,,needs 85 to move

1246
82% sell alert, up a lil

1242
ung could break here without the .57 pullbak

1241
todays ung trgts same as yest

1241
UNG waking up,,, is at resist so 5.57 then over 565 would make sense

1238
sell alert 79%,, first one today, es 119750

1234
EEM limit cover 75% scalps at 4627 if able,, edz will sell whatever its at if EEM hits there,,holding swing position overnite

1223
the scalp profits may be small due to narrow range atm

1222
more edz



here 2298 for scalp sswing combo, eem .55
 
 
1207
actually hoping EEM makes a run for 4685 to fill limit add shorts there,,,else will run with existing position, swing scalp combo

1159
Market Makers are doing inverse of


pattern 2 days ago,, that is,,

selling into this, going

short,,suggests lower in
 
coming


hours days (after sideways

intraday),,,as the prev pattern

suggested up
 
 
1152
see down for swings,,intraday sideways lil more,,,down, up, then down harder nice 2nd time

1149
EDZ dec 24 calls could work, 1.50/1.65,, or higher vol EEM puts

1132
ES may make higher hi but still see lower coming hours,,, will short the extreme

1118
ES should move down,,but bounce,,,then move down again,,,the 2nd move down will usually give a better scalp daytrade

1106
MM were forced long on the big red candle 2 days ago,,now appear to be unwinding as we expected

1100
see the daily bear HS setting up ES  EEM? 

1045
4637 eem trgt down for scalps

1037
ES 3min forming bear rise wedge

1034
yest i mentioned that my Market Maker studies showed that MM were long and higher prices expected,, now they are selling into this, unwinding, and possibly shorting as well,,, unsure on the shorting atm

1032
xlf just hit my 1491 trgt from yest, but not shorting any more of it swing,,,still prefer the emerg mkt

954
edz is 3x short the emerging mkt or EEM,, i still prefer it over shorting XLF  QQQQ SPX  tho i'm also short swing on those too

954
i am adding back edz here at 23.29

927
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".
* 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, November 17, 2010

* 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".

My Top 100 ETF list

When I refer to my Top 100 ETF list, here are the symbols in the list:

AGG BGU BGZ BND CSJ DBA DBC DDM DIA DIG DXD EEM EFA EPP EWA EWC EWH EWJ EWS EWT EWW EWY EWZ FAS FAZ FXI GDX GLD HYG IBB ICF IJH IJR ILF IVV IVW IWB IWD IWF IWM IWN IWO IWP IWR IWS IYF IYM IYR JNK KBE KRE LQD MDY OEF OIH QID QLD QQQQ RSX RTH SDS SH SHY SKF SLV SMH SPY SRS SSO TBT TIP TLT TNA TWM TZA UNG URE USO UUP UYG UYM VEA VEU VNQ VTI VWO VXX XHB XLB XLE XLF XLI XLK XLP XLU XLV XLY XME XOP XRT

* 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".

Wedn ramblings (and Tues eve ES futures)

412
of the Top 100 Etfs, they are all still on "hold swing shorts" for everything except UNG and UUP (and the bear inverses) ... Top 100 includes oil  gold  bonds  and various equity sectors,,,tho bonds may be basing they r stil on hold swing sell short

400
i'm out of BA,,,may re-enter as swing, did not close high enough for me to hold overnite, took only scalp profits today

359
no shorts added: the ES boll bands compressed on 60min but SPY is not

358
still only


50% short swings,,,didnt get an

entry to add more shorts today
 
355
UNG came close to its daily trgt but missed by few cents,,,i remain long the UNG up 6% roi for now

354
selling BA


here .56
 
348
lim sell 75% BA 6262

335
taking half of spx es off here at breakeven,,,holding other half for higher,,,2nd buy accomplished cost avg purpose

257
direction of next 3min candle could determin dir for rest of day into close, es

233
buy program alert 80%

232
es under 1178 i'll exit for 1 pt loss,,staying for now

230
UNG is 6 cents from trgt

228
poss 3min es bull stoch dbl bot

219
UNG still on trak for the 5.83 daily trgt,,,can still hit it,, or maybe tomorrow, watching

211
UNG waking up

204
filled on BA addition

202
using margin on BA to enter 125% size,,rare i do that, but have profit to reinvest so loss is absorbable

201
more BA at .62 lim buy if able

157
lim sell half BA 6283 to lock profits,,,keep half

146
xlf is flirting with disaster here,,,needs to hold support,,weaker than spx tday,, but not shorting this xlf chart

135
just hit .83 as i was typing target

135
large positinos could take more profit .83 BA trgt,,then .94/.97,,, 6307

134
BA


breaking higher,,trying breakout
 
 
133
BA next trgt .83 then .97 with lim at .94 to sell more

132
taking off 25% BA here to lock profit,,keeping 75%, about 40 cents prof

126
still see 1182,,tho clearly the 117 time missed :( ,,, i expected slowdown to 5mph not 1mph

122
buy program alert, 79%,,needs 85% to move fast

111
hmm not sure the es will make the 1182 by 117pm,, stalled more that calculated here

1254
1:17pm est time for ES to test and break over 1182

1249
ES stoch 3min hit the 20ish trgt and bounced

1247
lim sell 75% of BA 6294 if filled for 1% profit scalp

1244
alao poss bull 3 drives to hi on 60min es

1242
15min shows a weird looking poss bull inv HS, W, dbl bot type thing

1228
theres the BA move under .70 to .60,,,immediately reversed higher as expected

1217
BA should move under .70,,,then over it later

1216
60min es is nearing a triple high, usually bullish not bearish, 3rd time often breaks higher

1214
ES 15min stoch looks lil overbought but could stay there awhile,,,isnt bearish yet,still see higher es

1206
BA is at parab resis now 15min,,i expect this to break higher and give a parab buy long signal


1204
the BA boll bands were diff,,,wider,,,so i bought support instead of buying breakout

1203
when bands r compressed,,,prices will generally continue in the direction of the break of BB

1201
clue: notice that both the 15min and 60min boll bands have narrowed flatt,,also they r both near same #,,,notice tho how the 15min is beginning to stretch higher,,,a bull sign esp since the 15/60 are at same #

1157
but first will see reaction at 6300,,,to make sure doesnt blast rite thru it

1156
BA daily trgt 1 of 6297 trgt would give 1% roi for non 3x etf,,,,BUT this is 3rd test so may well break higher still,, prob will sell half BA at 6297/6304 if able,,,then hold half and look to reenter long if able on pullbak from the 6297

1146
BA 3min macd line crossed over 0 which means the 13ma crossed over the 26ma

1142
there goes BA broke resist higher

1140
es 1190 resist:
the 1190 was BOTH a daily low and a trendline break point

1138
my stuff shows the MktMakers r still long and must unwind higher,, if the MM are on wrong side and cannot unwind higher, they will be v quick to jump off and then sell,,,but for now seems higher

1137
ES 3min has a poss bull flag

1134
*1190/91

1133
if es found 1192, sellers should be there,,,that could be good swing if its hit that hi

1132
i'm trying to trade wave 3 up on the BA,,,15min looks like beg of W3 here

1124
Boeing is giving me "something should happen up down for scalps" but i dont know which way,,,signal divided,, bias remains up tho

1113
BA is STILL ON swing short 355pm signal,,,trading long the bounce only  atm,,,and poss trend swing change unknown

1111
BA has a 2x bull diverg on 60min chart as it bases,,,the move down was powerful, so may need a 3x diverg to get going in coming days,  tho 2x may do it, hence the 50% entry not 100% size

1108
ung 5.83 daily trgt today, last 570, that would push the roi to 8% ish, then see over $6 later

1052
roi 4.75% atm on UNG swing long

1051
UNG continues to look bullish,, may get a big green candle today or tomorrow

1047
qqqq still on swing sell from few days bak, but currently basing for up then down more

1046
6406 trg for BA, last 6251

1044
BA went down to 6229 after 6236 fill long but has since popped bak to 6250

1042
BA looks to be forming a base, the boll bands on the 60 and 15m are flat, narrower,,expecting a push up from the base,,,this is similar to the KO long setup from b4 that i had

1027
i'll go LONG hedge in BA 62.36 lim if filled, last 6250,,, for a 50% size position

1014
i'm looking for long swing bond entries now,,,but in the treasuries 3 10 20 30 years, prob wont get an entry today,,,but looking for one as they stabilize,, the TLT etc is still on a "swing short" signal but i expect it might change


1007
looking for faz 1170-1180ish, will know if it gets there by chart looks,,last still 1208, to short the xlf via faz

1005
for scalp rite now i have buy dips,,,and expect it to change to short rallies later today

959
charts suggest some sideways up down up down for now

940
UNG long has gapped up,,,still holding for more, maybe add to it later, up 4% roi atm

939
The 355pm Signal swing is still on "hold shorts",,,looking for entry to add more shorts,,,none yet,,,think we go higher first

932
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".

Tuesday, November 16, 2010

* 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)

356
xlf just



hit the 1478 trgt
 
 
336
or 1480 trgt, have lim order still to sell 1479

335
*1478 trgt

335
xlf buy prog 80%

304
355pm signal remains on stay short swing,,,i'm short swing,,only long on scalps

254
now ES is at 3min DTL,,,wathcing to see break higher, es 117575

252
15min es rsi putting in a higher low

251
first test on 3min trendline held,,,expect break higher on nexty test

204
es 1180 would be backtest of broken DTL 60m

203
the 15min es stoch moving up toward trgt as expected,,,still see more up

156
this is also horizon resist on ES here

155
ES is rite at 3min DTL resis here,,,charts suggest it could go higher still and break it,,,but stall may happn,,at 1178.75 perf touch,, the 3min trendlines often break tho

121
15min candles narrow


range bodies plus MarketMaker

reports,,,could bounce
 
 
120
MarketMakers are building long day positinos atm, if my analysis is correct,,,good only to scalp not swing

105
once xlf breaks its 3min downtrend, es should pop up a lil too

104
xlf is now testing the 3min downtrend R line,,,expecting it to break higher and not hold, weaker R on 3min

1252
also xlf is forming a bull falling wedge 10min

1251
at es 1173

1251
its taking long time but still have a mini bounce signal,,,have 355pm signal to hold shorts swing tho

1245
still see another es bounce

1154
lim sell  75% shrs xlf at 1482

1146
ES just hit 1172 trgt

1140
lim sell xlf 75% shares 1486 if filled

1134
intc has moved up as expected,,,still see some higher

1132
nervous xlf fas scalps could exit now small profit,,,i remain long for now scalp

1128
xlf rsi 3min over 38 and pref over 45 would be a bullish swing failure,,, and is basing now

1124
1181 trgt ES

1122
still see


bounce es,,,swing short,,,added xlf 1474, fas

1117
xlf 10min has a 10min bull inv hammer forming,,,should get sideways or bounce intraday only,,,still swing short

1112
INTC should mover over 2105, last 2095

1111
yes,,,my


analysis shows that

MarketMakers are now temp long

tho,,they need to push up price,

scalp long only not swings
 
1106
OK ES just hit my 1179 trgt from 9AM,,,watchingf reaction here now

1104
taking 19% roi here on half of EEM,,, 355pm signal says hold longer so keeping half of it
taking 19% roi here on half of EEM,,, 355pm signal says hold longer so keeping half of it
taking 19% roi here on half of EEM,,, 355pm signal says hold longer so keeping half of it
taking 19% roi here on half of EEM,,, 355pm signal says hold longer so keeping half of it

1100
i'm locking profits on half  typ mini swing from yest for 5%,,, edz still at 19% roi

1056
trying to play the xlf near its support and ES support at the 1179 trgt

1055
2281 FAS here long xlf 1481...not a swing,,for bounce only

1049
ES 118450 should hold on first test, to move lower

1047
EEM,,, EDZ swing jumps to 19% ROI :) :)

1046
a fast


move flash crash not likely but

could dribble down
 
there r


multiple mini supports
 
1179   72   68   59   55   ES supports

1041
the ES has now clearly broken the daily uptrend support line,,,if its a bearish break it will gennerally move lower b4 backtesting it so watching reactions

1038
long could work here, stoch now at the 2nd trip down mentioned b4,,,but waiting for long

1037
ES is now rite on the 60min down channel support line,,,sideways or bounce here likely, or 1179,,close

1034
qqqq hit .87 or one cent under the trgt,,,.87 held so far

1033
ok 5188 profit locked on half,,,now i'll reshort the mini bounce

1032
lim order to cover 25-50% of qqqq there

1031
5188 qqqq trgt under the .91 low of day

1026
es 1188 would be 3min DTL resist which has held thus far

1025
still have todays trgt 1179 ES stretch


1024
TYP 1.5% profit via typ from entry at 940am,, yest TYP is at 4% profit

1020
cancelling add more qqqq 5228,,,using what i have for now short

1018
will add short qqqq 5228 if able

1010
ES is now at resist via 3min DTL,,,holding atm

1007
qqqq does have a 15min bull diverg,,but thinking lower first to better define that diverg b4 bigger bounce later on

1006
QQQQ atm i have a "short rallies" for holds over 15min

1005
i'll wait for a 3min stoch roundtrip b4 long prob

1003
5190 will take a piece of qqqq off for scalp profit lock,,,holding rest for lower thru the day

956
ES 1179 trgt

945
UNG should push to new daily highgs

943
filled on qqqqq short

940
i will qqqq short 5223/5226 if able to add q shorts,,still have typ from yest, up 3%

937
EEM continues weaker than both qqqq and spx

935
wow CVX is at 8250 now, down from 8485 yest ,,,taking profits 8252! 

933
1179 es horiz support in addition to blue trendlines

931
UNG long gapped up nice and is at 3.35% roi since entry yest

930
theres the first 118850 rejection

928
118850 should find sellers on first try ES,,well maybe not due to higher vol poss at 930am

913
EEM short EDZ swing is now up 15.4% from when i posted entry, still on hold swing,, moving in and out of EDZ would produce higher profit %, that's for the simple buy n hold


844 AM
ES came
close to the trendline trgt 1185
and hit 118650 and bounced


its now
finding some resist at the dotted
line trendline (one that cuts thru
price)



* 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".