Wedn ramblings (and Tues eve ES futures)

359
next on the list to short:   ba  dd   dis  mrk  pfe  utx  xom   qcom   adp   bbby  dell  spls,,,,no entries yet there, watching patterns form

356
i'm now short in hd  hpq  intc  mmm,,,,long drv vxx,

354
*8970

354
shorting MMM 3970 here, swing

348
notice the low volume today in ES,,, bearish

346
dgp 3799  gld 13100, took 75% of shares off

339
if gold suddenly drops 50 cents, then i will hold overnite, else i'm exiting today for profits

336
i'm going to exit 75% of gold today, i believe it has more upside but also theres risk of currencies pushing it down,, will lock partial profits so they dont escape,, just riding it higher into the close

324
INTC is at risk of a gap open under 21.80 tomorrow

316
3946 dgp lim

316
chaning, 133.22 GLD sell , limit order if filled, last 13098

313
actually gold may overshoot target,,,will watch reactions

309
gold GLD trgt is 13200,,,i'll sell there if able, in gld dgp

300'
this pattern intc can break either way,,,charts suggest to me that a higher hi is ok and may just add shorts,,,so holding for poss break lower, eitehr way,, b4 entering today i had been watching INTC carve this pattern for last 7 trading days, may need a few more

259
intc is just stuck here at 2177ish, shorted 2185

248
Gold higher ;),, i will hold another day at least unless it surges today (unexpected)

245
 tlt needs another 3 hours of work, then may present long opp

235
60 min es has modified bear adam eve formation but needs confirmaton

228
inability of ES to break high when it was sitting near highs b4 fomc is bearish to me

206
before the fomc announcement, i am staying in all trades, all r swings or scalp swing combos if scalp targets r hit nervouse could exit vxx here near breakeven, or 10 cent profit,, same with intc exit for small profit

154
3147 adn 3230 are other vxx trgts, possible limit sell spots for larger positions

137
vxx lim order to sell 33.87, last 30.34,,, may sell b4 then but thats trgt for now (actual swing trgts r higher up to 3800),, i dont expect a fill today but the vxx can move wildly, so order in place for 10% profit if filled

124
es 1293.50 == vxx 30.44,,,watching to see how these move together

119
at 12:38 PM, when gld was at 129.64 i posted "poss intraday breakout in gold within next 3--63 minutes" ,,, GLD has broken yesterday's high of day , last 130.30, up 60 cents, still see higher

101
: in vxx 3044 here

1255
i might go swing long TLT today, or short TBT,,,but no entry yet,,, 60 min chart still needs work

1238
dgp last 3720,,,gld last 129.64

1238
poss intraday breakout in gold within next 3--63 minutes

1213
hmm tricky,,,2179 could work now,

1211
intc is setting up for another entry short,,,i'm still short from 2185 last 2179,, no reentry yet

1207
gold continues to base nicely, still double long gold

1206
vxx on next pullback looks like a buy, swing or scalp either,,,same with drv, they both "should" pullback, i think to a higher daily low

1145
Yesterday at 1:56 PM i posted a DRV buy target of 15.57,, and today's low so far was,,,,exactly 16.57 :)
Yesterday at 1:56 PM i posted a DRV buy target of 15.57,, and today's low so far was,,,,exactly 16.57 :)




1141
hpq just hit the 4656 or 3 cents over that 1130am trgt and bounced as expected to .70,,,still see lower hpq comoing hours days

1130
hpq 4653 trgt intraday down then likely stall, 4670 now, moved down from 4700 earlier today as expected

1124
HPQ may very well break under the Parabolic SAR today, daily, generally a break will give a decent move lower, followed by bounce, followed by larger down,,,initial break of SAR is like a wave 1 down in ewave

1123
but hd, after finishes this intraday down, should try one more bounce higher

1122
HD is doing today, what HPQ did yest :) ,,,,i am still swing short both

1118
DRV daily, moved from lows of Jan 3 to test mid boll band, resist held and its fallen back. i believe it will retest the midpoint and next time break higher to the upper band or higher, for swing, daily

1107
4693 last

1107
HPQ looks to be in troubel here, in coming hours not minutes,,i am still swing short in hpq

1057
an hpq close under 4688 today would confirm the bear daily dark cloud cover reversal from yest, tho under 4666 prefered

1046
idea only, no positino: INTC Feb 19 2011 22.0 Put at .57/.58 mix 21 puts at 16 cents
 
1043
INTC half positino, puts, could work here,,,,again it may want over 22 first

1041
cancelled HD add short order, never filled, will revisit later, and reinvested in INTC instead for now, INTC is a scalp swing combo

1041
shorted intc here 2185

1030
i'll lim short HD 3823 if able, last 3792

1026
i'm cancelling all the vxx limit buy orders, will do manually, but those are the targets, and not ready to pay 3027 for it now, chart suggest poss lower

1023
4min later vxx hit v close to 3027 trgt,,,watching waiting for now, this will be a 20% size entry not 10% size

1020
changing vxx lim buy to 29.97 from 3027

1011
1688 drv is at support now mentioned b4 for poss scalp, idea only, i'm already in from lower

1007
starting to see short setups developing for several DOW 30 and QQQQ top 33 stocks, when lots of opps start to present, shorting the indice itself begins to take on greater merit,, ex dxd  qid  tza

1005
GLD 60min rsi has a bull inv HS, one reason i entered long gold early yest near here, if rsi gets higher then we have a bull failure swing on rsi

1004
DRV SRS have 3min bull inv hs,,,buying support for scalps could work

1001
HD is beginning to form a setup where options puts could work, not baked yet

958
look at vix,,,higher low on vxx vs near dbl tops on es, bearish for spx, shortable rallies

957
SRS (2x cousin of DRV) 15min has a nice bull diverg on macd hist and rsi, BUT the macd line itself has no bull diverg, this and other factors suggest bounce, pullbakc, then higher bounce as opposed to moonshot, for swings,, the 60min and daily charts give similar reads, using srs for analysis as its more accurate that drv

954
also INTC overshot its .70 "add new shorts target",,,still waiting on the intc, may want 2200 or higher,,,2175 last, been waiting 3 days for intc to finish its formation

952
its not tradeable, but i think markets will sell off on FOMC news today,,thinking fomc doesnt say anything drastic but will begin to start talking about gently easing back

947
i chose to enter HD initial short at 3698 because charts suggested possibility that its upper target would not be met, but did post that it could move higher first, yesterday

947
HD overshot my 3770 trgt from yest, last 3784,,, i will add second piece of HD shorts after the 60 min settles down,,, short curr red 2% but the move up was expected,,, for now HD RED HD RED HD RED

941
if i didnt have other short positions already i might have bought some here

940
i have lim order to buy vxx for swing scalp combo at 3027, last 3088,,,, 3088 is a decent entry so may buy it later at higher price, have the 3027 in place in case of spike down

* 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".