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".