Wednesday ramblings (and tues night futures)

415
VXX hit the 3610 trgt afterhours

359
1272 ES was a dud ,,,,out breakeven

331
es only making marginal new daily highs when it makes a higher hi, swing shorting near high of day has been working

322
watching vxx,,, 3610 trgt by 340ppm

312
AXP is now in a bear rising wedge 60min that shoulod correct down in coming hours days, getting tight

241
volume is slow and they cannot push it up much, bearish

233
76% sell es signal,,shortable bounce


on 3min,, ES 1272 short entry still valid and still holding from 202pm for now
 
 
210
T 3min has bear adam eve formation

205
on daily charts not intraday.,,when spx corrects, we may see LIFO not FIFO

202
es 1272 daytrade short could work here, ahead of the signal, early entry

200
TBT short here 3891 could work

159
i still expect a sell signal today, not yet (well at 60% now not near hi enough)

1535
i am EXITING the


CSCO long now, 75% of shares, not liking this,,,exited 2078,,can


alkways reenter,, profits locked at 1.7%, under expectations but its not moving so taking profit and running
 
 
137
next bounce in oil could be nice short,,i already added

137
oil cracking,,,,

133
10 MIN chart on VXX suggests intraday breakout higher and the stuff moves crazy wild

130
BUT BUT the VXX does NOT follow VIX per se,,,not like SPY and SPX,, the VXX is not a pure play on the VIX but rather a trade of what the "expectation" of the VIX is,,,and using support and resistance from VIX will not match S/R on VXX

127
adding 10% more


VXX here 3573,,,buying the v volatile VXX in 10% increment sizes LOL,, avg cost now 36.24
 
119
larger csco positions could take some profits at 2092, smaller pos could sell half 2092 and keep half

csco now near 2%ish profit since yest entry,,, under expectations but still in profit zone

113
i think, on these charts, we will get a sell signal before end of day, none yet, for scalp

1255
TBT Feb 19 2011 37.0 Put at 1.03/1.04 could work

1251
TBT puts, or TLT calls, could work here for aggressive, conserv would let it bounce around longer

1238
at CL 9035ish

1237
USO shorting 3852

1233
SCO 1033 scalp here could work

1229
oil is moving back up here,,,i still think shorting oil works,,,still see a lower daily low in coming days weeks,,,,will add more oil shorts but no entry yet

1221
CSCO just hit 2080 trgt or one cent uner 2081 trgt,,,still holding for higher 2092/2109 trgts but upside is limited in qqqq spx  russel,,,

1200
notice the bull diverg being carved in TLT 60min,,,one reason for early entry long, will scalp this then buy back if able, always holding the swing piece seperate

1148
4482 resist axp, stretch 4510

1111
ahh ,,,notice the mini W forming in CSCO now, 133t chart, measures to 2081 trgt,,below the 2192/2206 trgts


1108
i also want to short INTC swing, waitinfg for entry

1101
AXP short here 44.45 could work, tho i already have a pos so not adding

1056
T may want 29.91 or 30.27 but scaling in here to participate

1054
entry #1 of poss 2 for T,,,AT&T (50% size)

1053
im shorting T here 2975, for swing scalp comb

1037
watcing 1467 area for bac stall, may want to consolod there and break for 1569, or may max there,,, watching  in comoing days

1036
BAC is cruisin for a bruisin, swing, but no short entry yet,,,eventually we can prob ride this back down

1026
Eventually CSCO may want 2275 and 2400 to fill gaps but will look at that pattern later, last 2070

1023
for now, i'm raising my CSCO limit sell to 2109 from 2092,,,i'll try for an OVERSHOOT of the 20.96 trgt

1011
CSCO continues to outperform QQQQ and ES,,, csco up 0.8% vs 0.17 and 0.0%

1003
10:30 AM crude oil inv report

954
KO continues lower n lower

951
LARGER positions in CSCO long could take partial profits here for 1% profit,,, but .92 smaller positions target not reached yet

949
TLT may require another 1-5 hours of waiting time before any entries long (or short tbt),,,LOL patiently waiting, for swing

943
OIL has taken out yesterdays low as expected, 88.16 today so far vs 8836 yest

940
CSCO is rite at its wedge resist line now,,,i'm not selling yet,,,watching to see if wedge breaks higher to convert to up channel,, or trying to ride the wedge to 20.93 since the wedge is not tite yet, 20.67 last

937
now waiting for oil to take out yesterdays low

936
CSCO just took out yesterdays high :)

931
i think TLT may present yet another long opp today, or TBT short, but waiting awhile b4 entry,,,letting it consolodate "down here",, still a higher low

926
i think oil shorts will outperform SPX ES shorts swing, but will trade both, along with individ stocks short and long hedged

829
still swing long vxx, its up 1.7% premarket but only 0.4% over my cost,,

VXX targets 40, 43, 47, last 3695

826
Oil CL is down nicely here 0.75%,, was down 1% earlier but bounced

825
i am Still SHORT in AXP,, still short OIL

8:20 AM
CSCO I have Stop 19.92 or sell limit 20.92. (from my entry of 20.43) yestereday. 


CSCO pre-market is at 20.54 or 2 cents over yest close while the ES is down 4 points now. Because CSCO does not appear like it will gap over 20.92, i've re-instituted yesterdays order, same order. Stop 19.92 or sell limit 20.92.


* 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".