Thurs ramblings

408
bearish afterhours SPY wick:  131.21 spy red time and sales, 2 million shares,, may result in lower spx tomorrow and coming days

331
VXX Apr 16 2011 33.0 Calls are at 2.07 now, tho i prefer the underlying to the options

311
VXX is not making lower daily lows, as the SPX makes higher highs,,, VXX may shoot up nicely in comoing hours days

310
VXX 3100 here could work,,VXX is very volatile compared to other intstruments so buying less shares than normal also makes sense

301
ES up 1.95% vs CXO actually down 0.15% today, good for CXO shorts

229
SPY spx possibly in proces of trend change to downtrend, not confirmed yet.
For spy daily chart, Draw a line from Feb 10 low to Feb 24 low,, and a second trendline from Feb 18 high to Mar 1 High

222
es hit 1230 trgt,,,watching reaction now

118
3933 tbt exit makes sense here to lock profit, can always buy back, tho 3948 is resistance trgt higher

1218
*3913 sto[p

1217
3914 tbt stop here makes sense,,,enough of a move up to warrant profit taking,,3923 last, v tite  stop on the swing trade

1141
ES may go back to 1321 test now, 1325 last

1048
ES is now very close to its 60min DTL resist at 1326

1032
UNG buy alert,, ung should go higher now

1031
1317 es trgt if 21 breaks lower

1023
1321 ES supp from new break over it, should stall there, then will watch to see if break lower

1010
scalpers could take 2.75--3 pts profit here es,,,,daytrader would hold longer

951
1325 short es could work here, or 132475

948
idea: 132.94 shorting SPY here

924
SPY didnt hit 132.60, hit 132.54 a few cents away,,, never got a fill on that order, cancelling it and will do manually, was intended for quick spike at 830am

809 am
Premarket shorting SPY 132.60 could work, limit 132.60 if filled

* 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".