Friday thoughts

415
aapl daily volume chart is misleading,,,the vol bar will appear green because appl was up 1% today, but by far almost all the daily volume was red, at the close

355
31.55 tza trgt lower

325
exiting the small silver position,taking loss

254
1245 and 1258 BAC targets for 75% of shares scalp

253
i'm raising the AA stop in 2 cent increments as it moves up,,,wont keep posting all those stop changes here to avoid ridiculous clutter,,, same with BAC

245
BAC low risk scalp: long 1236 stop 1234....its in this 2 cent range,,,if breaks higher will take profit else 2 cent loss

237
1695 AA stop,,, lol obviously i want out of this today,,,now in profit zone if stopped tho minimal

226
stop 1693 now on AA, raised

225
the daily spx candles,,,,this suggests to me tight stops on long positions and profit taking here at least partial,,,,this could fall 100 dow points easily ,,,or can continue higher,,,for swings,,,so will keep some select longs like AAPL and other,,, and getting out of other long swings today,,,will keep cotton BAL long swings

220
stop 16.88 on AA,,,reducing long positions "up here",, AA will be breakevenish/small loss if stopped, last 1694,,will try to ride higher but if stop hit then i'm out

212
out of F ford long 1554,,,from 1550, breakevenish

149
i'm going to exit Ford 15.57 if able today,,,,need to scale back on some longs,,,think F has higher to go but dont want risk,,,minimal profit of 1%ish on last entry,,idea is to reduce risk more than profit take

spx is nearing resist levels and while its bullish over the 1351, i dont want to get caught in a downdraft,,, keeping other longs in AAPL  BAL and others,,,may also exit AA long today with small profit, unsure

135
slv 60min has bull pennant not flag pointing to 50ish approx on break of pennant, but protective stop remains on slv,,,it doesnt "seem like" silver should be up here,,,but it is,,,crazy

132
lim sell half aapl 357.70 from 346.18 for $11.52 profit,,holding rest for higher trtgts

104
90.23ish next bal target,,,cotton up 4.5%ish today in a single day, a close over yest high would confirm pPp bull macd daily buy signal

1249
OUT of bal 8675 here, still have 66% of shares,
8300 to 8675 or 3.75 profit from this morn entry

1242
SLV stop 4640, lim sell 49.80

1213
unbelievable Silver,,,looks like it wants higher intraday,
agg small pos silver long SLV 4757

1202
mini break higher on the spx 3min bull asc triangle, with v mini bull flag last 5 candles 3min,,,but such small candles may be meaningless, but over 1363 R could cause accel

1150
spx trying to break that 1363,,,watching reaction,,,if breaks higher could be painful for intraday shorts

1131
the 60min chart of F ford is doing what the 15min chart did yest,,,60min pattern should cause a larger move than the 15min did, if it triggers

1110
60min aapl is stalling here, not yet broken out of bull flag,,,a pb to lower boundry of flag would be ok as long as stays inside it,,,or conversely may be a mini bull flag atm inside the larger bull flag

1108
for swings, if spx loses 1335 lower, could see 1255,,, losing the 1335 will likely also cause the 1295 supp to crack, but spx bullish over 1351

1102
*over 1362.25, spx not es

1101
3min spx bull asc triangle,,1365ish trgt if breaks over 1361

1055
for swings, not scalps

1055
this is actually a "defensive" stance from the bulls,,, indice etf traders of long qqq spx need to be careful and set stops,,, the bulls are still bullish but are now taking defensive positions

1052
individual stocks are outperforming even the 3x etfs long,,,showing that this time the moves are "selective",, in general this is common BUT it is much more exxagerated on my reports

1038
BAL 8688/8700 daily trgt, last 8332, cotton

1033
qqq down .11%,,aapl up 1.09%,,, qqq may catch up but rimm,, aapl outperforming today as expected

1024
lim sell ford F 16.13 then will look to maybe reenter

1013
9370 lim sell BAL from 8300 entry this AM,,,,may sell before then, but this time if the 15min DTL breaks then i expect a move up to near Wednesdays opening high

1008
back in BAL again 83 ,,, been good for 2-5 dollar moves lately intraday, for continues combo scalp/swing

1003
358.50 AAPL trgt, last 349.70

950
aapl trying to break higher from the 60m bull flag, not done so yet but close

* 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".