Monday ramblings

415
shorting the euro in lieu of shorting ES has been much easier/productive,,,even tho currencies are manip too,,,atl least they r moving in dicernible patterns, for now

406
hmm es selling a bit here ah

401
ES volume today is pathetic

343
if lim sell order not filled, i will hold the TLT overnight. sideways is likely but upside potential seems more than downside risk, esp if TLT gets over 9040 (could gap over it too)

310
next day feb 17 is initial claims

309
ES  SPX  may drift higher until wed 2pm fomc

229
i'm removing the order to add euro shorts via euo...never was filled, its too late in day now,,will do manually

214
9037 is actual next trgt but have the lim order set below it,,,thinking may be signif resist at 9037, unsure

213
the high of day 8892 was 2 cents over the 8890 trgt 1 from yest

212
TLT moving back up to test its HOD, and on 2 second trgt where hopefully the limit order to sell will get filled, at 9023 from 88.96 on 75% of shares

148
and agriculture,,, MOO,,, DBA,,, grains corn etc

148
but imo,,,better opps long n short exist in metails oil gold silver and individ top 100 stocks

147
es 1327 support may stall if gets there, bounce ,,,then may have shortable bounce, depends on chart at the time

146
i still see lower trgts under 163 later

145
161.25 next lower ibm trgt on break of 16300

118
also daily macd hist on ibm has crossed below 0

117
ibm 60min continues to have bearish HS, suggests "hold existing shorts"

1259
i still have the euro short order open, unfilled, using euo 19.63 lim

1202
TLT starting to form a bear rising wedge in 60min, but if so then is more upside first before it reverses lower as its in initial stages

1045
i set the tlt sale price under the 9039 trgt at 9023 because i think that 9039 is going to rep strong resist,,, it was the breakdown # to tlt prior low,,,,holding 25% of shares with stop at 88.96 breakeven (or near there) in case it just breaks higher makes sense

1040
i will lim sell TLT 9023 if able, lowered lim order again, and will try to buy back lower if able later

1029
euo may not make 1963, there is support around 1978ish, last 1981, at supp now, watching reaction, trying for a break lower to next supp level if able

1028
i will lim buy EUO in order to short euro, at 19.63, if able, to buy back shares sold at 19.90

1020
Silver SLV /si is higher today,,,waiting for opp to add more shorts to it,,, may want to test SI 31.28, last 30.53,,, watching for entry to add more shorts

1017
atm, tlt charts suggest sideways then higher,,,may pb some b4 higher,,,watching to see if pattern plays,

for 9037 next trgt

1016
TLT is now at 8987, i consider the .90 trgt hit here, close enough, watching reaction

1009
NFLX gapped up today,,,,may be an exhaustion gap,,,will watch in coming hours days to see if reverses,,poss island top also

1008
i want to see if TLT can break 8990 resist since its major resist,,,if it breaks higher it could surge higher to next targets,,,will watch reaction if it gets to 8990,, then see if makes sense to sell there or wait for higher

949
COST is selling hard this morn despite up in ES spx,,,its not participating,,,good for cost shorts, still swing short,,, cost may form a bearish harami/near engulfing daily candle pattern today that would need confirmation in susbsequent days

947
TLT ,,,changing lim order to sell 9073 if it hits that today

943
TLT is near resist 8869 now,,, so 8869 is a trgt, then 9030

941
TLT lim sell 9273 from 88.96 entry if able, last 8950,,, will prob sell before 9273 but thats trgt for now,,, will likely sell lower and re-eval for rentry later,

919
i will lim sell vxx from friday at 28.47 if able

913 am
EUO pre-market is up, taking profits here 19.90 on partial shares makes sense

* 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".