Friday, November 19, 2010

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".

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