Thurs ramblings

403
fun day today,,,

402
spy wicks afterhours pointing toward todays lows

352
vxx scalps can take another 40 cents profit here about 1% 3221last,, i'm still holding vxx swing overnite too

340
llooks like sideways chop next few days,, the qqqq just tested its daily trendline and held,,but first time in awhile its been tested

333
heres the qqqq down move i mentoned b4 at .30 when i exited, last .06,,,may bounce but no bounce signal yet,,,the bounce may be shortable depending on charts

311
larger vxx sscalp positions can take yet another 1% profit here, from entry made about an hour ago upon qqqqq profittaking simul

247
now i'll buy LONG vxx 31.84 here ,,, .83 last,, for swing scalp combo,,, vxx may want .65 even .50,,,i will hold thru that, wide stop,,20% entry size

244
still have the KO longs,,,hpq axp shorts

244
out 56.30 of qqqq from 5577,,it may go higher but can always buy back later

244
.30

243
.27 stop

241
.22 stop on qqqq now, i dont wanna lose profits,, last .24, v tite

239
or i will take profits at .40 or .33 if stalls there

238
thiss qqqq scalp pattern,,it should go down and then give one more bounce, will close on such 2nd bounce unless first decline is severe

235
qqqq hit my trendline daily uptrend perfect touch and held as expected on first test, but its likely now to move sideways and then break lower in comoing days weeks

232
qqqq .25 trgt hit,,,watching .36

226
for the auditors, the 1min vxx hi low at 14:14 was 31.75 and 31.86, valid exit,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

217
primarily i exited there cuz saw the ES hitting prior hi, prior resist

215
close enough,,,i'm covering the vxx here at 3182

may hit lower trgts but could bounce, so out i go, from 33.10 for a 4% profit in a few hours


213
vxx trgts 3170 and 3158,,,curr have a lim order to cover at 3158 if able

207
theres the expected break over 5600 on qqqq :)

207
vxx plunge from 3309 entry to 3227 last vs qqqq 5577 to 5602

204
shorted the vxx for scalp when qqqq hit the .70/.75 trgt ,,,vxx short is far outperforming the q's long

203
qqqq should break over 56,,, 5625ish still traget, but not adding here, onlyholding the last 25% from .77

153
my charts are warning we are now in chop terrirotry on oil, es, qqqq and stops need to be monitored, and patience for an extreme move before entering positions else whipsaw stop runs,, bias is to add shorts after this bounce finishes,,, still could go higher but not wanting new longs here

151
for swing, i still see higher KO, just dont know if it wants lower first, so therefore am saving the additional entry for lower KO, mayb even under .75

150
i am cancelling the KO add more at .92,,, will do manually,,too much time passed and i am already in KO long, no need to add just yet

134
hoping they will sweep my .92 lim order to buy ko,,,else just running with current position from yest

126
i will add more KO 6292 limit if filled, last 6300

121
HPQ short is all over the map, currently in profit zone,,, as mentioned yest hpq bounces r expected at first on this swing, axp is also doing well, KO long hedge is slightly red but still valid to hold long swing

112
ko 60min has nice bull diverg 60min: note the dbl price bottom in KO but ther rising macd and slight higher rsi stoch,,not strictly a dbl bott,,,,poss bear flag daily in KO so watching both sides

104
qqqq still may see 5624

102
taking profits on 75% of qqqq here makes sense for about 20-22 cents scalp

1258
took small profit in MCD,,,will look for reentry later

1257
7523 stop

1253
stop mcd 75.18 if stopped out will look to reenter, to capture at least small scalp on it,,,still see higher mcd but think lower if .18 breached

1250
3248 taking more VXX profits now, 1.96% from 1144am scalp,, 3245 last

1246
qqqq long scalp is starting to appraoach take profits area, no exit yet but tite stops here begin to make sense, 5577--5598 last,, also a short entry addition on ES and qqqq is forming,  no entries yet

1240
MCD buy alert at 7520

1233
50 cents profit so far on vxx scalp short from 11:44 am, holding for lower on remaining shares

1203
3277 cover vs 3309 short

1202
taking a piece of that vxx short off here, the scalp one from 17min ago for 1% profit :) in 15min

1158
software program just threw a "mcd should move within next hour" but is confused as to direction of the move,,,watching reactions carefully now here at 7510,, bias is higher, i "think"

1144
in a seperate acct, as scalp, i will try vxx SHORT now could work here 3312, small position,,,remember that for me vxx requires wide stops and scaling in,,

1140
qqqq may start to base here at trgt 1,,,but may want lower first to t2 so still no long entry, conserv would wait for a bounce higher then a pullbak

1136
qqqq may start to base here at trgt 1,,,but may want lower first to t2 so still no long entry

1135
limit 1258.50 ES i'll cover the last 25% of es short from 1290.50, if able, for 32 points profit

1132
:) QQQQ just hit my .70 trgt,,,still no buy signal qqqq

1124
see how MCD daily pushed up on resist a few times and is breaking higher? i think that KO is in early stages of same, why i entered long yest KO

1121
i do think oil has at least one more shortable bounce,,,waiting for a nice big bounce then will short it,prob,, else just run with 25% size shorts for lower levels

1119
so i am now long mcd, ko and short hpq and axp,,,minor oil shorts etc

1113
going LONG in MCD now, 7500, swing scalp combo, 50% size, its early entry on 60min chart but 15 and 3min suggest poss breakout here so trying half size to start

1109
nice run from 1097 and 1017 sco to 1073

1105
stopped out, profits locked,,,for now,,,on oil,,,will look to reenter later long or short, prob short, still have 25% of shares

1102
3 cents freom stopout on sco,,,still in for now

1100
still have the 25% position short on ES from 1290.50,,,not stopped out of it, having taken 14 points profit on 75% of position yest

1055
8833  8807  trgts interim CL b4 the 8755

1053
5560/70ish trgt still same on qqqq,,,getting close now, last 5585

1049
*1073 stop now sco,, oil report in 10min

1046
i believe the inv HS wil fail and oil will go to 8663 trgt b4 higher over 93

1044
but stops r tite cuz we dont know if oil wants a bull inv HS on daily, or a break to lower rectangle lows

1043
yesterdeay i posted to look at jan 3 and 4 candles in CL, and to expect same today,,,they r a mirror image :)

1039
oil just hit target #1 ,,,larger positions scalps would have taken a piece off there to lock profits

1038
qqqq may hit 5633 and then stall to retest lows or lower low of day, last 5612

1036
oil CL is building a 3min bull diverg too which is one reason of 7 that i tightented up the stop to lock profit

1034
KO 3min does have bull divberg long scalpable but waiting to add anymore at 6293

1032
i'm tightenting the sco stop here 1074, 1077 last, on 75% of shares, in order to lock profits if stopped,,, i plan to re-enter, swing 25% size position will hold thru chop

1027
for CL oil i'm watching same targets: 8894, 8755, 8663 from my entry at 9200, last 8915

1025
institutions are continuing to sell INTC today just like yest,,,on a decent rally in INTC i'll short it ,,,IF it rallies

1023
for  a mixed portfolio of shorts and longs both

1023
also MCD longs looking for, but no entry for a few hours probably, swing

1022
but i still think KO long will outperform DOW or qqqq longs

1021
5595 is prior daily low support on qqqq tho

1020
but thats for those willing to wait hours for entry LOL

1020
5560-5570 i like long qqqq,,, multiple supp,, horiz supp n daily up trendline supp, but will still watch reaction

1018
since 5685 qqqq been waiting for chance on qqqq long,,,still no setup tho getting closer now,,,daytrade only,,may need another 1-4 hours for entry, last 5607

1010
KO long here could work 6307 but i'm already long KO,,, will add more longs later but not here as its too close to my first entry,,,letting it see if wants under 6300 first b4 adding,, so KO here makes a good first entry 25-50% size but not a good additonal second entry, for me

947
1057 sco stop on 75% of shares

946
i will lim cover hpq short 4533 if able, from 4628 entry yest

931
yet the axp shorts have gapped down :)

931
yesterday i said that i expected KO to gap up today,,,its' done so :)

930
and axp swing short is down nicely now 4475, down 50 cents from yest close..... so both the longs and shorts are green atm

924
newly entered HPQ swing short from yest is down nicely here  while the KO long is holding even and up 20 cents from entrty,,, HPQ down about 40 cents from yest close and about 50 cents profit so far

920am
Good morning.

As expected, oil is gapping lower this AM, at this moment anyways,,, may take profits today on half of oil shorts and hold other half, will watch action. Using SCO from 9.97 and 10.17. Last sco 10.63 for 6.61% profit thus far on the first half,,, also took 2.8% profits yest on half of sco at 10.25 then bought that half back at 10.17. this was all posted live yesterday


* 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".