Tuesday's ramblings

403
CSCO scalp swing is up 0.5% now, holding,,, scalps gave 0.68% profit,,, USO / SCO options gave 200% / quadruple profits taken earlier today

400
i expect DD to have a reaction similar to waht we saw in KO, down

353
tomorrow we should get a resolution of whether TLT  TBT wants more up or down,,, may enter new swings there tomorrow

350
newly entered VXX is down 1% atm, but its v volatile and could go up just as fast,,,keeping the vxx, and this is 25% size, may add more later

343
CSCO is in a 60min bear rising wedge but theres lots of room in the wedge, and it can covert to up channel, so keeping csco swing long,, we all know how exasperating the wedges can be for the bears

334
if CSCO does not hit .92 today i'll take 1%ish profits on half, and hold the rest swing for higher,,and i'll REMOVE the .92 lim since it could go higher tomorrow

331
78% oil sell alert,,,needs 85% to move

327
taking half of es longs off here from 1261.25 for 4.25 points profit,, notice how the csco is outperforming the ES

325
scalpers could take 0.68% profits on partial shares CSCO, equiv to 9 points es move

316
it actually looks like a wave 2, but being conserv with other count,,, 60min trendline down only broken once so w2

314
revised intraday wave count, cl oil, in w4 up now,,,if its a w2 up then weeeee on w3 down coming hours days

301
stop 3480 for now but may change it,,could even lowr it in coming days, or higher it,,,,swing scalp combo

218
early entry, may want 8965 first, so would be partial entry 25-50% size

217
short 8920 oil short scalp can work here, no entry for options

206
axp is now at the .97 bounce trgt,,,watching reaction here to see if stalls sideways down

159
KO may bounce b4 the 6375 lower trgt

158
\i am exiting the rest of KO here for now at 6420 to lock short profits,,,a bull diverg 15min is forming

152
CSCO 133t chart


has intraday dbl bot
 
143
AXP Feb 19 2011 42.0 Puts for 1.15/1.17 could work

137
*60min stoch dbl top

136
AXP:  see daily poss bear HS, also the bearish daily candle stoch dbl top, usually will bounce one more time then head lower in that pattern

130
AXP puts could work today, on bounce to 4397 or half position starting here 4370

124
so for csco, stop 1992, limit sell for profit 2092,,,just a coincidence that they both end in .92

111
frist trgt 2094 csco (2097)

109
CSCO, buy alert here at 2046

12576
AXP downside trgt 3700 in 1-3 months. last 4325, high today 4450ish

1255
taking profits on TZA from 1509  1515  1525 here 1580, will reload later

1252
USO puts posted yest have more than doubled in value, sco calls quadrupled,, still keeping 2nd half for lower oil trgts, took profit on half

1251
oil can be in intraday wave 5 now, of wave 1 daily down,, in commodities and currencies the 5th wave is often extended

1249
when oil shot up on 12/31, i suggested that we could be seeing a bearish candle pattern that would act opposite to the bullish candles 11/29--12/1,,,,,thus far this is playing out,, hence my short into that 12/31 rally

1241
look at that HUGE red candle in AXP daily,, also DD and CL oil nice red daily candles

1228
wow axp,,poss exhaustion gap bearish

1215
1261.25 ES long here could work,

1209
thus far, the CSCO long hedge is holding up under this SPX decline here

1203
Taking of DD shorts here, covering to lock profit, and will look for reentry,

1202
DD just hit the .55 trgt, still see lower so holding shorts, watching reactinos down here, may take some off to lock profit

1159
stop 1992 on csco long, for now

1147
watching oil still, may not have put in its low of day,,, no long scalp entry yet oil soo lookng for lowr lo or retest

1143
next es pullback may also present long opp, prob needs to wait 15min or so for entry

1135
i like long scalp tf afer it moves sideways a bit, no entry yet, maybe via TNA

1122
Watching for TLT to move sideways, or pullbakc, in coming hours, to allow re-entry on long side for 9647 trgt, maybe 9900,,but TLT may breakdown so no entries yet,, still ahve 25% of shares from TBT short 3900 tho, last TBT 3900, last 3734 so that piece is up 4.5%

1117
axp=american express a dow compon

1116
i want to see the 3min MACD hist get some bars over 0 on the 3 min axp, then the chart pattern may present an enttry to short,

1113
looking to short axp soon, or intc, or both

1112
DD approaching its 4955/4933 trgt down now, last 4960, still swing short

1109
OIL has marginally broken the prior low daily of 8902 with todays  8883, still have the lower trgts for now but took some profits at the 8890 area

1057
TLT and TBT seem to be in no mans land for now,,,waiting for more consolodation to see if TLT wants higher or lower,,,higher TLT for swings is bias but no entry here yet,

1046
but i will take half of the USO puts off here for 87% profit, or half SCO calls for 177% profits since yesterdays entry

1043
oil cl 8755 and 8663 remain downside targets for oil shorts, same as 4 days ago, last 88.90,,, will eval exiting for partial profits if it starts forming a base down here 8900ish

951
looknig to re-enter INTC short again if charts present, forced to exit yest with small profit 0.5%

950
still holding oil swing short, no exit yet, may exit partial shares for profit  n reenter

948
KO has finally broken its daily uptrend line. i'll short the bounce

* 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".