Thurs ramblings

410
Look at daily charts of axp, BA for an example of what these candles do on downside when confirmed

408
they need confirmation with a daily close below the low of the shooting stars

407
candles don't guar the top is in intermed, but do suggest warnings, and that prices will revisit here even if they break higher

406
ibm got one 2 days ago

405
HD got one yesterday, and it retested the high today, so no confirm on the HD

404
INTC also has one!

403
WOW look at that candle on MMM,, v bearish gavestone,, we are seeing these candles on DOW stocks,,,other day HPQ got a long red candle dark cloud cover, now this

358
exiting .38 here TLT, 90.81 vs 91.38 and 90.81 vs 90.59 on TLT today,,, and 4 points on ES

357
9134 stop

356
one could add a 25% size starter position long gold,,,i'll just wiat

355
maybe GOLD long tomorrow????

354
LOL 4 cents from stop sweep and still in TLT,,, will close position to lock profits b4 end of day,,think a better swing entry may present

350
HPQ   INTC   MMM swing shorts all look good,,,while HD short remains problematic and red,,,but not exiting HD,,,still valid short to me

331
TLT almost has a 3min macd hist dbl bottom bullish,,unfinished

325
same wedge as one  mentinoed this morning

325
on vxx 60min,,,looks like a break higher from bull fall wedge, and a backtest lower,,if so then higher vxx coming days

321
if TLT 3min can just move sideways or stay over .26,,,it will have a nice bulll divergence,,,still forming and premature, just something to watch

309
VXX 3min just started moving up along with ES,,,could it be ES falls?

305
conversely if instead the 3min dbl tops, then 9100ish target

302
and,,the W pattern in the newly formed 3 min chart on TLT,,,points to,,,about the 9190ish target from befdore,,, principle of multiple running confirmations

isn't tech analysis cool? of course it might not make it there,,,,

256
will keep 25% of shares with lower stop near breakeven as always

255
TLT hit .31,,,,almost swept the .26 stop,,,still surviving atm

242
wow that was  a stop run on TLT,,,my stop survived it,,,was expecting that at the .60 trgt,, i'm not lowering the stop

229
larger TLT positions i'd set stop .58 here on a piece of it

226
TLT is at the .60 trgt but i'm holding,,,cuz it didnt go up here on a big candle,, small candles can push thru the trgt resist as it consolodates, stops still set .26 with .40ish mental

226
MMM may have hit intermed term top, still short from yest swing

215
real stop should be 9132,,,allowing a lil margin

215
if they run my stop, mayb i can buy it bak lower

214
9126 stop on tlt, half

204
15min TLT chart is telling me to stay long for now,, 3min pattern allows for a drop and retest or higher hi

200
also mental stop .27ish

159
still see 9190ish trgt

158
if tlt stalls at .60 i'll take a piece off and try to ride rest higher,,may not have time to post it live if moves fast down,,,using 1min charts

152
9160 should stall,,,if not then can get 9190 fast,,will observe reactions

151
9160 next trgt

149
9127 last vs 9081 entry

148
TLT still continues higher,,staying long the scalp for now

127
still no new entry setup for long gld gold dgp, wont get it today unless does a huge plunge, not likely

120
look at es 3min vol pattern, bearish

105
changing TLT limit order to only cover half of shares,,may hit higher targets

100
if i didnt already have DRV (sadly from higher cost) i would buy some here

1258
harsh rejection on the HPQ at the zone, from 4693 to 4679

1258
9127 resist on tlt tho,,,needs to clear that,,,if it does then should hit its second target up

1257
3min bull W tlt

1256
TLT is trying to breakout now,,,,

1255
since 1130am, both TLT and ES have been rising,,,with TLT the stronger chart pattern imo,,,could put pressure on ES

1249
HPQ is approaching "add shorts" levels at 4700--4730ish,,,watching for now, no entry,,last 4690

1222
micro scalpers could take 20 cents profit here on tlt, still see higher

1207
limit order to sell TLT 9169 if able, under the 9176 target, scalp

1159
DRV pulled back here but still like it swing long,,,pb expected,,,still not ready to add more shares yet

1154
a 15min close on tlt over 9100 would confirm bull harami and small candle consolodations, over 9120 would confirm macd hist bull PpP pattern

1152
TLT now outperforming ES shorts spy shorts

1149
new intc short from yest finally getting a little action, nothing breathtaking yet

1148
it may want another hi tho over 667, unsure, watching for now

1147
futures sym /ZC

1146
i want to short corn via CORN etf, no entry yet,,,, rode CORN and DBA up nicely for many months

1142
TLT may want 9033 or even lower, unsure, why a half size pos

1142
TLT 15min bull diverg plus "almost" rsi bull failure swing setup are some reasons among many trying the tlt here

1140
paying 9081 for TLT , in now

1137
order for 50% size order in TLT,, may buy more lower

1136
or alt is to short TBT 2x

1136
TLT 9076 long lim if filled, 9086 last

1131
uh oh time warner cable modems down,,, good thing verizon clear backup is running

1127
taking off half SPY here to lock profits, on 3x it would be over 1% profit

1120
can take 7--23 minutes

1118
es 3min pattern here, will usually bounce then make a lower low, for scalp exit on next lower lo if it works,, swings would hold longer short

1109
es approaching 1291 trgt fronm 1296,,,will not auto cover there

1103
marginal break higher from the vxx wedge here now, if 2980 holds then should test 3085

1059
first, mayb vxx make another lower low to 2957ish, mayb not

1058
look at VXX 60min,,, its in a nice bull falling wedge, with expectation of a hard rally higher,, and the wedge is getting tight now

1056
maybe 1291 es long scalp, still short for now

1040
spy 10min, es, now have 2 bear shoot stars,,,needing a 10min close beneath the stars low

1037
INTC continues circling around my entry point for short, near breakeven plus or minus a few,,,still see lower intc coming days horus

1028
heres the expected spy 1min retest higher,,,watching to see if if it moves sideways now, or higher

1027
TLT approaching support, no new entries long yet, or may short TBT (same thing but 2x)

1026
dollar usd poss rally here intraday, may press es down

1021
usually 1min will retest higher on first cross tho

1021
that HS holding atm,,,1 min stoch cross bear, spy

1017
SPY 133t chart, poss bear HS

1014
needs to break yesterdays low, close to it now

1013
wow hpq another nice drop :) red 3min candle :)

1002
glad i closed dgp gold yest for profit at 3800, last 3760,,,may look to reenter long gold gld dgp later

1001
HPQ continues weak, still short there, outperforming spy on downside

957
could use spxu 3x but like the volume fills on spy more

956
shorting SPY here too, same resist #, 129.97

952
MMM gapped down but rallied up hard grr :@ ,,,still see lower mmm for swing short

950
1613 drv looks nice, i'll add to drv swing too, but waiting a bit, at least an hour LOL

931
LOL yest when i said i thought INTC would gap today under 21.80 i didnt mean 21.76, was thinking 21.68ish, oh well

914
the newly entered MMM short from yest is working, pre-market 8850 from 8957 close, down $1

912
10am pending home sales

906am
Good morning


* 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".