friday ramblings (and Thurs eve / Friday pre-market ES Futures)

358
hpq puts are up 18% since posting earlier today

355
8 cents from target now, hpq

339
hpq trgt 4710 / 4690 by end of day, lower

334
glad i exited KO, now its back at lows .76,, in coming days KO may offer long entries, none today

329
out of orcl scalp

319
long orlc lim 3264 with immed stop .60 can work for v low risk trade into close

313
orcl is 5 cents from stopout, and wont change it, its just a scalp,,,no loss if stopped out, free ride for trying (small profit)

305
as long as 15 and 60min are dueling we will get this action, imo,,,when they r aligned then nice directional move will come

304
stop 3260 on orcl

248
hpq hit 4 cents over my trgt and backed down,,,may have topped, uknown

246
theres the hpq options target, HPQ Feb 19 2011 44.0 Put at 22 cents could work here

236
here goes orcl,,,, 3290/3310 trgt

231
hpq just hit the .60 trgt,,,watching reactions

225
think orcl will make a higher dialy high,,playing the expected breakout

224
going long ORCL now 3255,, orcl was on my "long list" last nite

217
exiting ko longs here, 6296, taking a small loss on the KO,,not worth it, will look for other opps

209
6314 ko i may exit and look for better entry,, still see higher KO as swing but maybe $$$ is better invested elsewhere,,,watching reactions

201
vxx is at .85ish trgt but not adding more here yet, may want lower

156
it does suggest that KO will be able to "withstand" signif downside on es tho

156
hmm strange to see vxx and ko both moving higher on 3min charts,,,that wont usually last long

133
vxx may decline to 3180ish where maybe buy more,,,and also take profits on those longs in KO, if all goes well

124
real targets are 6380 and 66 but may need to re-eval

123
if able i might exit this KO at 6337 and look to reenter, or exit half there or something, for small profit,, will see what charts look like then

119
hpq is approaching its .60ish trgt,,,inprecise trgt will just watch up ther if it gets there

111
KO continues sluggishly here, still long...red red red atm, down 0.41%

110
vxx approaching its 3320 trgt, last 3243, from 3100ish this morn

1258
thats buy #2 in KO long, now have full size position at 63.10 cost,,,stop 62.33 for now,,, may exit this later today and re-enter

1253
i still see lower es spx qqqq, the ko is a swing hedge long that i believe can survive downside

1252
adding ko long .88 here

1247
 at 3230 last 3231

1246
taking a piece of vxx off here for 1.5% profit makes sense, keeping rest for higher

1244
the 15 and 60min es charts are battling, creating the chop,,,so using the 3min chart extremes for entry exits could work well

1243
poss bull inv HS 3min es, tho swings i'm still bearish

1208
feb hpq puts could work at 4760ish, or a move below 4680ish

1152
i have a limit ordder to sell the vxx 3320 if able, last 3212, which would give 4.2% roi if filled

1149
may exit vxx 3288ish for about $1 profit, then reenter,unsure

1148
also looking to add to vxx swing from yest 3185,,shouldve added this morn at 3100,,,will likely add on next pullback,,last 3203 over the .85 entry

1145
intc may need another hour of work, unsure if entry will present

1144
INTC looks like it may present an opp to go LONG today, then reverse short, watching for entries

1043
as expected yest, OIL CL continues in chop mode, no new long short entries yet for me

1028
no entry yet

1027
the next bounce in es could present a setup for hold for hours scalp

1022
watcing hpq today to see if possible bear dark cloud cover develops on daily, right now its not there, or poss shoot star or doji

931
still holding short es 1290.50, swing, with no plans to cover today prob,, already took 14 points profit on 75% of shares, have 25% remaining, via spy spxu sds etc

1235
Possible longs being considered, no setups or entries yet, watching for entries now all in top 33 QQQQ components:
orcl
intu
sbux
symc
yhoo
atvi
celg

1232 AM Fri midnight
OIL CL  USO charts are suggesting another short on the next bounce, then possibly a reversal long, depending on what the charts look like after the next decline. Will be looking for entry short uso, long sco, on next uso bounce, having taken profits today for 3rd 4th time on oil.


* 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".