Friday ramblings / Thurs eve futures

426
VIX has the biggest daily green candle since june, tho these huge candles usually are followed by spx bounce or consolod and then more down spx

407
spy wicks AH pointing near todays highs

403
JNJ is now at its May flash crash low, have gone long as posted

343
took profits on most swing shorts, still have smaller pieces, and have gone long swing in select stocks mcd  kft  jnj,,, next week may add more swing shorts again

340
i am going LONG swing hedge JNJ 60.06

254
5584 l;ast qqqq

253
Mrkt Maker reports on qqqq show bias to upside, intraday only not for swings

229
es could still rally and then still sell into close,,,watching charts

224
es 3min chart acting as expected,,,usuall pattern playing out,,, now watcing for next trgt on ES higher if breaks prev 3min resist

220
no entry yet, but on a pullback, long gold looks good,,,should pivot up when 15min chart finishes its downside, may not get an entry today

206
exited oil shorts yest

205
will consider oil long on pullbak pprob not today,swing,,, finally a switch from short to long oil poss

204
es can break without pb cuz other stocks are at mini break higher levels

203
es hit 1278 trgt,,,watching for pb or sideways, or poss break higher since 2pm

202
es 1286 poss after hits first trgt, pb, then 1286

159
3090 trgt kft ,,,approx glance ballpark trgt,,didnt measure precisely

156
this es pattern 3min, usually will allow to take profit on stall, then reenter long once more on a higher low pb

153
KFT green long moving higher, MCD still red 0.5%

152
VZ long swing i'm looking at,,,but not yet,,,may want 3500ish, 3576 last

14912
3min es suggests higher scalp at 1274

140
kft looks good for scalp long,still long

132
out of drv for now, with a loss 15 cents

130
mcd looks ready to pivot upwards, watching,, why stop was lowered for now

128
DRV stop 1667,,,if doesnt hold here i'm out with a loss to buy again  later

123
lowered mcd stop and added here 7219,,,buy #3

117
7328 mcd stop 7322 is low risk trade scalp

1243
LONG now KFT 3057

1231
profits taken,out of HD shorts, can always reenter

1227
stop 3688 hd

1227
HD stop 3698

1224
still have the hd shorts and drv long, gold long

1224
out of INTC,,took profits,,will look to reenter short positions later

1220
2152 intc stop

1219
i exited b4 my stop was hit cuz i think its gonna get stopped out,, larger profit

1218
exiting HPQ here to take profits

1210
still have all thos other shorts, only newly entered long is MCD just last hourish

1209
stop .22 mcd for now

1208
adding MCD long here 7351

1205
out of MMM took profits

1204
8736 mmm stop last .33

1201
the stop orders are all "stop market" not "limit",,,, mistyped sorry

1200
8781 MMM stop market to protect profits

1158
intc limit cover shorts 2156 last 2143 to protect prodits

1156
HPQ lim cover 4578 to lock profdits and reenter later, last 4573

1147
still like mcd long tho its red now,,,looking to add to it but no entry yet

1146
stopped out of vxx, took profits

1145
tightening stop on VXX 3137 here on half of shares, last 3142

1125
trying MCD long here tho 7410

1122
if it makes 1290 i might re-short

1121
heres the ES bounce 3min mentioned b4,,,may go higher then should make lower low

1119
GC gold hit 1331.80 which was 10 cents over target 1331.70,

1114
just got stopped out of gold,,,still holding the last piece for now, will look to reenter,, 3624 entry this morn, sold 3723 for 2.78% profit in 90 minutes

1111
GC is at t3 now so riding it if able with tite stop else out for most

1111
DGP stop 3721, tite, last 3726

1109
GOLD is approaching target #3,,,this time i will take partial profits on it and hold rest

1101
dgp emergency stop set 3670, will likely exit b4 then

1059
eyeball glance ballpark trgt only,didnt measure it

1059
drv rect trgt approx 1685 from last 1636

1056
VXX (alternative to SPX shorts) is on fire higher

1055
theres the first red candle in gold gc 10min,,it should bounce,,,may need to pb more,,if pb then poss add more longs else running with existing pos,,,we expected pb red candl

1041
1331.50--1332.00 maybe max for day,,, limit orders in place 133160 to cover a piece of the gold

1041
i do not really expect gold to recover all of yesterdays big red candle, but riding it up for now,,,the first pb in gold intraday should bounce, then may exit

1040
GOLD just hit trgt #2,,,on the way to #3 next, 1331.60

1038
es on daily, this looks like wave 3 down starting, wave 1 of 3

1037
es 60min says this is just the start of selling in coming hours days ,,,,shorting the rallies makes sense for swings scalps both

1033
gold blew thru trgt 1 after small pb and now approaching t2

1019
1328ish and 1331.50ish next trgts

1018
gold just hit the trgt,,,watching reaction closely here: rejection? consolod? breakout higher? still holding

1017
GOLD GC approaching target, still holding, DGP up now 1.79% in 45 minutes :)

1009
for a long term trade, multi MONTH hold, i'm looking for entries in shorts MSFT,,,, unlike aapl, the msft stock has gone nowhere,,no entry yet

1009
WOW everythings down now nicely:  HD   mmm  intc  hpq,,,some more than others, remaining swing short in all

1008
i still like drv for swing, but have not added to it since initial entry,,and looks like it may need another day at least b4 adding shares,,,,

1005
Gold GC trgt 1324/1324.20 first

1000
GOLD daily is still in downtrend, but i believe its due for a bounce,,,but since its contratrend, the gold swing scalps are being entered and exited in shorter time frames,,,gold will likely continue to move sideways with upward bias, then down, then up,,, entering and exiting on the 60min chart extremes or consolodations, using the 3min and 15min to pinpoint entries

957
they need confirm as always but those ES 60min last2 candles are bearish topping pattern

943
caught DGP just in time, it just shot up 0.6% last min, more opps should present to add mor gold

941
daily HPQ has been trying for 3 days to break the parab SAR point,,,it's broken it lower today :) ,,,, still will often see chop on initial breaks

939
i am reentering GOLD long here, gld or dgp, dgp 2x 36.24, a 50% size position, may add more later

934
HPQ continues to be weak, still swing short there,,intc still circling around entry price short,

918am
Hi

* 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".