Monday thoughts

433
SPY broke the daily downtrend slanted resist line, backtested it, and closed right at horiz resist (above the lower broken dtl resist),, that often leads to a break higher in the horiz resist,,,

428
spx 1359 and 1370 are the prior "signif" highs


427
many mini resistances on SPX now tho, from 1348 up to 1370,,,a reversal lower could happen at any one of them,,,me thinks nimble cautous

407
rare bull SPX marubozu candle, no upper or lower wicks, open=low, close = high (SPX not SPY)

359
if CORN can settle down tomorrow with some non volatile 60min candles, smaller ones,,,it may be a re-buy long,,,still seee higher cotton BAL

344
 trying GLD gold long swing here 149.56, stop 146.83,,silver SLV will prob give a bigger percent move than GLD,,,but the gold chart is easier to read, more reliable, imo

331
if SPX cannot move much higher 3-4 days after the bull cross higher, a nice short swing opp may present, esp in financials,,but all conjecture atm,, for now SPY spx is bullish to me

330
the SPY daily macd hist is almost ready to cross above zero,,,often there is intraday whipsaw when this happens (coming days not today if it crosses), tho it is a bullish signal it needs confirmation after whipsaws,, could test lower

324
for now i have a lim order to short TLT 98.94 ,,last 9671,,not expecting fill today of course

312
TLT is still in that daily bear wedge,,,waiting to short it,,,often will break violently higher first, looks like it wants to break 9700,,,long tbt 2x=short tlt 1x

300
still looking for poss swing short financials around xlf 16.00ish area,,,been watching for a week, may still need 3-4 more days for setup,, will see what chart looks like then, via XLF short 1x or 2x skf, 3x faz long

246
i'd like to see what SPX looks like the next time 60min stoch visits < 20 on 14,3,3,,,,, will it be over 1324? if so that would prob be a "buy dip" in comoing hours days if gets there

229
stopped out of KO,,,taking scalp loss here, no more lowering stop,,,

222
IMO,,,,multi-month holds, the action from Jan 1, 2011, suggests bearish distribution,,,but on daily could whipsaw all around higher lower

208
watching cotton into the 200-230 time BAL, drifting higher atm tho slowly, BAL up 4% todaythus far,,, but holding for the triple top break / cup handl, higher (not today), swing

the move down has slowed, which is why giving a little more room for now

.66 stop,,prob last time i will lowr it

.67 stp

154
stop .68 a lil lower

151
addint ko here to scalp at 66.76 stop .71,,,if .71 breaks will reenter later and take loss here

 134
MarketMaker reports now changed, they r raising the bid but keeping the ask unchanged,,,which suggests they are trying to accumulate: keeping the ask down until they r done buying,,not sure if that matches MELS data


130
my autotrader has a spy long lim order 133.97 if filled, no fill yet

127
dueling 15 and 60m charts on spy spx,,, bull 15min vs bearish/neutral 60min,,, next consolod should give alignment of 15 and 60, where a bigger move higher can happn,,, but takes time to bake

126
ES 15min vol bars,,,they suggest that a pb will come to add lowr even if resist breaks higher

123
usually the first try on a 60min bull flag breakout fails,,,watching reaction here on ES spx

117
no guar but that would be bullish MM behaviour, if accurate

117
the ask is being raised higher than the bid, with the bids near support and asks above the resist not at it

117
MarketMaker reports say intraday they are now raising both their bids and asks,,,atm on individ signif stocks,, just a thought fwiw

114
alternatively,,,a spy break over 134..35 on 60min chart, would give momo trade using bull flag breakout method

102
3min SPY has an rsi bull diverg but a weak one
,,,dbl botton on rsi vs lowr price low,,,next 3min stoch under 20, may set the low of day (or higher low)

1255
intraday scalp, if SPY can get 134.25,,,then a pullbak may be buyable on 3min chart

1230
so SPY has a gap and fill lower vs the more bullish gap n go.,,,watching reactions at the supports and resistances now

1238
for swing, thus far SPY and SPX is bullish and "buy dips":  notice that the daily DTL was broken higher, then prior horiz resist tested and held, now backtesting the prior resist turned support,,,if the supports hold in coming hours days then higher SPX expected.

1216
ES at impt intraday juncture here,,,testing the 3min downtrendline, a break over it suggests test high of day or higher,,,but resist has held thus far so test of daily low or lower also poss,,,watching reactinos here,,, if the  reaction is "break higher" then the low of day may be in,,, a lower low would still prob give a bounce

1120
back in KO scalp 6689 stop 6671,,buying back shares sold this AM at 67.09

1112
still holding BAL cotton longer, now up 3% roi, swing,,,same higher trgt as b4

1008
out of HOT,,,taking a LOSS on HOT, exiting the short here 6074

950
Closed PFE 10 cents under target at 21.13, close enough so taking profits now,, i expect over 2130 later but poss pb first

935
still have lim order to sell PFE to take profits, not filled yet,

932
lim orders filled on CAT and KO,, both hit their targets their targets this morn, took profits in CAT, and in 75% of KO

852am
GM

* 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".

Friday thoughts

351
TLT is almost ready to swing short (or tbt long)

339
notice also the last 3 volume bars,,,3min chart of es

338
ES hit the bottom of its flag as expected and pivoted up,,now near top of flag (intraday),,,, watching to see if breaks higher,,,3min warns higher poss

334
INTC may form a swing long setup,,,no entry yet for me but been watching since its breakout

323
XLF financials continue to form a swing short setup,,,but doesnt look ready yet imo,,, may take another 2-5 days to figure out direction

301
bounce poss here intraday, note the volume bars on ES 15min,,, a large move down but up vol is higher

204
if spx wasnt so close to resist,,buying the flag breakout higher instead could work,,,but its tricky doing that at a dbl resist level for scalp

203
poss mini 15min bull flag,,,3min move down would go to lower end of flag, with poss break out of the flag

202
15min spx suggests a long scalp spx may present on pb on 3min chart,,,but maybe crumbs

1257
KO 6723 initial trgt b4 6747

1253
scalping KO long here 66.82 with 6747 trgt

1233
3min boll band range approx 2 pts,,,for trgt 1336.50 if 1334 breaks,,,close to the 1337 trgt from yest

1220
ES hourly volume bars are lower today

1213
still bullish imo intraday while over 1328

1212
a 15min close on spx under 1328 could present a poss short scalp intraday on spx or es, after bounce in the 3min

1159
FFIV has done it,,, tested its prior 111.63 high from april 21, with 111.82 last on a marginal break over it,,from 102.50 only 4 days ago,,watching reaction here on lack of a stall

1154
qqq may follow the russel

1154
IWM russel on daily has already broken over its daily DTL,,,and is now testing 60min horiz resist,,,there are several horiz resist trgts higher to test, if this one breaks,, 

1124
SPX is now doing a perfect touch test of its Daily DTL here 1334,,,watching reaction

1105
filled on the .82 spy,,,may reenter later

1104
lowering to .82 lim

1100
larger scalp positions, would take some profit here on spy

1058
there goes spy up nicely,,,notice it came right after the 3min candle close over .53 :) ,,, it can still back test down on the 3min to a higher low would be ok

1052
FFIV is on a mission to test its prior "gap up hi" from apr 21,,,, up to 110.81 atm

1048
spy hit the .53,,,now seeing if 3min candle can CLOSE over it

1038
SPY: 3min needs close over 133.53,,then likely test high of day, and hit marginal higher scalp trgt 1

1034
SPX held first intraday supp test,,now watcing for test of resist, and break to marginal new intraday high

1028
back in cotton long again, via BAL

1023
time analysis on 60min chart: suggests upward bias next 4 hours as long as 60min closing candle over 1322ish, imo,,,i'm sure there are differing opinions

1016
changed:  selling spy 133.88 to start,, for scalp piece

1014
will sell spy at 1337 spx if able

1013
n SPY long 133.21,,,,spy scalp but may hold overnite,,starter position only, early entry

958
tho this "bull flag" is a bitt too deep,

958
bulls still need to break spx 1337, and close over it, else daily chart still has downtrend,, tho the "downtrend" could be a bull flag

950
1337 just so happens to be near a prior 60m hi as well as the point of daily downtrend R line,,,but the daily spx hi 1342 and 1346 are above,,,

948
the "reaction" at 1337 spx if it gets there is impt:  sideways? or quick pullback lower?,,, sideways could be dangerous for shorts

946
there was not much volatil in first 15min today,,,suggests higher

945
a close under 1322 on 60min would poss present a short opp, on the bounce to a lower hi after

944
same as yest,,spx supp still 1320,,imo 60min chart spx bullish unless it gets a 60,min candle close under 1322

937
raising PFE lim sell from 21.09 to 21.23,,,, the .09 was not filled yest, last 21.00

936
might short 1337 if gets therea

935
still have 1337 trgt spx, sames as last 2 days,,,after going over 1328 trgt

914am
GM

* 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".

Friday thoughts

914am
GM

* 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".

Thursday thoughts

358
ffiv at 105 maybe buyable tomorrow, 107 last

333
the "reaction" at 1330 spx if it gets there, is more impt than getting there in and of itself

332
2 pts from daily spx trgt now

327
lim sell pfe 21.09 if able, last 20.93

248
spx may "sell off at the close" again today as it has in some recent days,,,but purely from a tech perspective my charts suggest strength on 60min chart for more hours, unless support breaks 1322 spx

238
1580ish trgt area to swing short XLF (or long skf   faz),,,will see what chart looks like if it gets there

235
i will likely short swing 1337--1340ish if spx can get there, in coming hours days

233
1330 next spx trgt, same as yest,,,if that breaks (after pullback prob first) then 1338/1340 trgt,, but even a move to 1340 would not break the daily downtrend,,,bulls need a close OVER that

230
cotton /CT  BAL have pulled back as expected yesterday,,,still no setup to buy back long shares, yet

228
may need to wait another 4 days for a "really good" short setup,,,swing midterm hold

226
spx 60min chart bullish imo right now

225
impt test here spx 1325/28,,,see if resist holds down or breaks higher,, i dont see a short swing setup here yet,,but would like to short financials if they can get higher

1014
be back around 2pm

1013
FFIV long just hith the 105.47 trgt from yest, lim filled, took profits

9:53
59.12 limit order posted yest to sell short HOT was just 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".

Wednesday thoughts

414
i have a lim order short HOT 59.12 if it gets there, in coming days,, 5800ish last

410
if HOT 60min can dirft a lil higher,,,and get some smaller 60min candles tomorrw,,,may be able to short for 3rd time,,,still see it breaking the 55.00 for swings

356
some stocks have large green bars closing near the top tho,,,pfe,, xom,, ffiv all up 1-2% vs spx up 0.3%,,, easier for longs in the individ stocks vs SPX SPY

353
and the daily DTL resist sits higher at 1339,,, for multiweek holds that needs to break higher else bears are in control, or sideways

349
spx ...these doji, spin top daily candles can break either way,,tho bias is up since 60min DTL was tested once

344
for swings,,,this is tricky area for either long or short,,,, cutting down position sizes makes sense until mkt direction higher or lower is confirmed

341
stopped out of gld breakeven,,,that was a dud

325
raised gld stop to .68,,,it is really stuck here,now at breakeven stp (10 cents over cost)

302
stop 65.37 on KO for now

300
adding KO long swing here, 66.88

229
105.47 trgt for FFIV, last 104.06,,it may be waking up here,,,

225
for scalp piece of gld: stop 148.44, sell lim 150.20 ,, last 148.88

217
have a trgt of 96 for BAL, last 86.50, but not time to add yet, may want 84 first

215
cotton selling hard here into the 215--230 time,,,will buy back today,,will wait tomorrow to maybe reenter long swing, BAL now 86.32 vs 88.41 high of day,,,stuff moves fast

213
i still like KO midterm swing long,,,will add to it on a break over its 60min DTL, could be lower or higher than curr price

211
KO coca cola needs a shot of RedBull, down almost 1% today

209
meanwhile GLD forming a bull harami on 15min chart minor pullback,,within a 60min uptrend,,,small bull flags on the 60min

138
stop 148.44 on GLD,,,if they run my stop then so be it,,,can always reenter,,tite stop with last gld 148.76, curr at breakeven on gld from yest entry,, if stopped will take 12 cent loss from 148.59 entry

126
out of corn for 5% profit on half and breakeven on other half (2 entries,,,second higher entry didnt work),,

125
they can move VERY fast and 6% profit can turn to 2% loss easily,, so will look to reenter when more stable

124
i'm taking profits on these a little early because of whipsaw expected in us dollar which may affect commodoties,,, lookng for corn exit next

123
exited cotton BAL for 6% roi,,,still see higher but will re-enter later

101
theres the spx 3-4 point pullback finally,,,followed by bounce ,, now watching for a higher hi which might be shortable

1249
the CORN lim is there based on stretch daily trgt,,,on a blow thru yesterdays high,,,i may take profit on test of yest hi (if it gets there) depending on the reaction of such test

1249
lim sell CORN today 4647 if able, last 4511

1245
will hold the gold GLD longer

1244
exited SLV for now, may reenter later,,,
7% profit is close enough to trgt

1240
lowering SLV lim to sell 3719 from .40,,,last 3688

1238
slv 45 cents from trgt

1213
SLV has managed a marginal break over 3660, at 3683 last,,,watching to see where it ends today

1152
that is,,,shorting the higher hi on bounce after drop

1152
IF spx gets a 4 point drop, then shorting the higher hi could work,,,waiting for that setup b4 trying scalp shorts, 3min charts,,,may not get today

1146
corn /zc in a bear rising wedge 15m chart,,,may need to exit half of the CORN today for smaller than desired profit

1144
if spx does not pull back, then will likely form a rising wedge intraday

1142
spx will likely get 1323 now, 1321 last, so close

1124
spx may range trade for a few hours if/when gets there

1123
watching reaction at 1323 spx if it gets there,,,should stall,,no stall then watch out above

1037
cotton /ct is approaching a test of 161.50ish prior hi/resist,,,still see a break over that in coming days hours, 158 last,, BAL cotton up 1.65% from yest

1030
mathmeticians consider 55% (not 50%) "random" for the stock market

1024
parab sar, boll band midpoint, and downtrend line on 60min are all very near each other

1023
fwiw,,, SPX 60min 14,3,3 stoch has been under 20 for 3 days now,,,with little downward movement since entering,,,often this will cause a rally IF the spx breaks over it 60min parab sar

1019
GOLD GLD is still buyable here, swing, imo,,,148.75

1014
slv exactly jhit the 3660 trgt and pulled back,,,will give it 4 hours more b4 deciding to take profits early on slv or wait for higher trgt

1002
poss bull flag 3min,,,
15min bear shoot star on es but those are often retested higher, needs confirmation

959
ES is now at resist on its 60min downtrend line,, sideways, lower, anything could happen this early in morn, tho stall sideways is the "textbook" suggestions

950
SLV does have to push thru a few hurdles b4 the 3780 trgt:  resist at 3660 (trgt 1) b4 3780 (t2),,, watching reaction here as its testint the 3660 R

940
...37.80 if able for 9.8% (curr profit 6% but holding for higher trgt)

939
SLV has gapped up over yesterday's daily target of 36.00.... Limit order still in place to sell the SLV at 37.80 if able


* 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".

Tuesday thoughts

346
gold GLD up 0.6% today vs volatile SLV silver up 4.2%

332
stop on remaining spy .04, over .92 cost, into close

323
new intraday high in silver slv as approaches trgt 1 of 2

321
2nd try here on es 3min for 1318 break,,,watching

314
132.05 SPY mental stop on scalp

311
es could go eitehr way pretty fast here,,,,break of 1318 could triigger stops higher,,or can reverse hard lower

310
es now at 1318 impt es pivot,,,,prior shoot star hi  60min

303
taking half of SPY off here 132.27 from 131.92, holding rest

256
slv can still get its 3597 daily trgt #1 today, last 3538

213
if spy stalls around .40ish then will take profits there,,but lim order set higher in case it runs right thru .40 (not likely)

158
but resist at 132.42 lower trgt

157
lim spy sell 132.60 if able

129
SLV has broken higher on 3min,,,watcing if followthru or not

128
GLD GOLD 150.20 trgt, slv 3600/3780

124
both gold and silver have poss 60min bull flags, watching to see if they reverse higher

115
trying long spy 131.93 tho its a bit early

105
my software just triggered a buy alert fwiw, es spx, 80%,, 1316 spx

1205
there are 2x and 3x GOLD etfs avail,,,electing to use GLD because of higher volume/better fills

1200
148.56 long GLD gold

1141
if short, then 1319.25 spx stop makes sense here (i'm not sure,,,just a pivot)

1135
the 3min spx downtrend line resist has held. now watching to see if lower lo, higher low, or break higher over trendline

1045
i think long scalp could work here spx 1319 but i'm not taking it, other better opps

1040
followed by huge move back down in corn, volatile here

1033
749 to 753 corn jumped,  gap higher 3min unless chart data bad, in any case still surged up in 1 minute timeframe, 755 last

1031
unusuall intraday gap like this

1000
XOM is testing daily resistance horiz now,,,watching reactions here

957
SLV up 3.5% from yest, cottton 2% up,,,corn down 0-.5%.,,watching to make sure corn holds supp near here

954
FFIV 104 long for scalp and swing combo, 10368 last

941
SLV targets 3620 and 3780,, lim order set for 3780 if it hits there today, 3525 last

* 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".

Monday thoughts

306
suggests wedge type creep higher intraday

305
es didnt pullback 3:50pm 

300
: watching for poss 305 spike and then reverse in opp direction,,,not trading it just watching, per market maker reports


253
if 3:05 pm does not pull back, that would be bullish imo,,, my market maker reports suggest,,even with a pb could still bounce,,,but no pb i think would propel up,,,

241
watching 3min ES stoch,,,it might decide to ride over 80 for an hour,,, below 60 may trigger down

237
marginal ES resist break, watching if follows thru or not, still over 1313 pivot

229
watching es 1313 pivot,, over 1313 would suggest still more upside intraday

1254
CORN trying for another test of daily resist, if it breaks then should hit next higher ttrgt,, still needs many hours more work

1236
about 2.25% roi on HOT, was expecting more but that support held on first testa

1235
covering HOT early here, risk of bounce, will re-enter later, close enough to .76

1227
Lim cover HOT short 5776 to take profit from 59.38 if able, then may re-enter short again later

936
GM

* 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".

Friday thoughts

334
HOT swing short is v tricky right here,,,will keep holding but able to endure a move higher b4 lower, could break either ways next week,, will keep starter positon without adding extra

245
my software algo just triggered an ES buy alert 1338,,, at 82%

211
/CT  BAL  cotton now finding buyers LOL, back up again as it approaches 215pm,, CT 152-155 range,,,watching if breaks 155 or not

208
on a 3min candle closing basis, with 2 candles needed to confirm break of pivot either way

207
1334 ES intraday pivot into the close: over bullish, under bearish,,,1338 lsat

159
cotton now back down

144
ES 15min already broke over its 15min Downtrend resist

142
134.52,,,spy finally hit the .50 trgt from 11am,,,still could see higher imo

140
spy spx : 15min chart still bullish,,,and 60min bounced on a simple touch of stoch at 20,,,didnt even base on 60m

138
BUT,,if that DTL on spx happens to break,,,spx could pop another 4 points quickly
 (4 points higher if resist broken)

117
CORN position is up 5% roi here, but i'm adding more longs on corn, not taking profit, for expected breakout daily corn in coming days

113
ford F 15.13 scalp trgt

107
Cotton is moving to new daily highs as the 2:15pm time approaches, /CT and BAL

1246
think spy goes for 134.50 (gap fill, yest close),,that is also the same # as the 15min DTL

1237
no short setup imo at the stall here,,, short setup may come after a decline and then a bounce

1236
dueling 15min and 60min charrts sugg SPY SPX may pb here, but dip buyable as it bases on 15 and 60min

1232
the ES green bar here is larger than the red ones,, 15min

1225
 grrr missed my SPY lim buy by pennies,,, and then popped higher,,,cancelling the order now

1135
BAL 1.3% scalp profit poss here from 8360 entry this morn, holding swing part, also watching to see if 15min DTL breaks, at resist test now,, 8490 last, up 1.30

1122
lim buy spy 133.60 if filled, last .77

1111
if SLV would move lower again on 60min it might present an "add more longs",,,but not giving a chance to add lower atm,, didnt get smaller candles basing but rahter larger bull reversal candles, for now

1105
too early to tell, but poss the smaller 15min candles now starting in SPY, and spy 15min macd hist beginning to tick higher (re: 1041 post)

1054
long F ford scalp 1500 stop 1494 could work

1041
ES has high vol intraday 15min red bear bars, after the 15min candles get smaller and stop making new lows, a long entry may present, with poss retest of daily high or higher, but imo need the smaller 15min candles stabilization first

1030
HOT over 5850 on 60min is tech stilll bullish imo,,,but i remain short,,,shorting the resist # and high rsi, lower hi, declining macd hist, all on 60m,, if 5850 breaks lower should see more downside accel

1023
IF SLV can put in some smaller 60min candles ,,,may add to SLV long swing,,, else will just run with existing position,, SLV is at point where can go lower or higher from here, unsure,,, but still see higher silver in coming days weeks

1012
BAL = cotton etf long

1012
bought back BAL 83.35 that was sold at 88.7,,,may go lower to 8150 before higher but added here

935
FFIV still in bull flag formation 60m,,,may break higher today or monday, 109 last from 107.30 reentry (after 102)

* 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".

Thursday thoughts

351
limit order in place to cover HOT 55.03 (swing),,,last 59.21,,,will take time to hit trgt,,, after a bounce from 55 (if it gets there) HOT will prob be good for one last re-short after bounce, or poss a below the support momentum short under 55,,,,

335
if HOT can stay under 60.30 in coming hours days it would be bearish for lower lows,,, a move over that and may consider exiting the short on pb after rise

325
SHORTING again HOT, 59.45,,, re-entry for a lower low on daily coming days,,,profits on 2nd trip down "should" be better than first entry

1049
ffiv may want to move as low as 103 again, still see higher later

1048
buying back the FFIV here 107.3 that i sold yest, for swing long

1026
CORN should move higher, 4563 last,,,it may begin to circle around this 4563 area up and down as a pivot,,,a move lower should bounce back to at least here,,,keeping the swing longs for now,, 4700, 4900, 5300 swing targets

959
KO about 20 cents from testing its 3 year high (all time high) made few days ago,,,still see 71-72ish KO, 6850 last, i remain long

957
cotton still in a basing formation so may want another trip lower first, or could just propel higher, idk

956
lim buy BAL 83.60 if it makes a trip down there,,,took half of BAL off yest for 9% profit,,, still holding half from 81ish, last 87.29

946
CAT is now green,,,lim order set to sell for profit at target 1,,,then may re-enter

* 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".

Wednesday thoughts May 18

404
still looks like institutions distrib tho (bearish for mid term, weeks), if no new high on spx over 1370

403
right now its holding resist but it closed pushing against it

356
1523 lim sell F

331
"if" qqq can CLOSE over 5850,,i think it would be v bullish

328
as expected at 221,,,ES spx have moved back near their high of day

300
es 15min declining intraday but on declining vol, may be intraday bull flag for move back to high of day or higher, IF/after the 3min DTL breaks higher

221
poss gap higher on SLV tomorrow, depending on how it closes today,,,, SLV is a very gappy etf due to silver futures

212
107.97 lim sell CAT if filled, then will consider re-entry

159
tho 1343ish should stall, spx,,,it is (1) horiz resist and (2) also downtrendline resist, 60min

158
spx now just 2.5 points from 1343 trgt mentinoed 930am-ish,, and if htat breaks then 1349

155
KO daily, possibly breaking the daily bull flag,,if this 60min break higher holds here

147
there it is,,, FFIV just hit the 109 trgt,,,
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,exited too early grr :@

141
but a lot of "ifs" in between there,,,targets only

141
if the /CT breakjout of rect on daily today holds, 184 trgt, then 215, and then 295 targets on cotton, last 160.55

137
would need over 8960,,, to 8960 could just be a headfake spike

135
BAL now at 89 trgt (8896 close enough),, wtaching to see if this can break higher,,,if so then 91.40 trgt daily

130
ford F stop 1497, sell lim 1528

112
took half of CORN off for 5% profit, holding other half

109
taking off all except 25% of BAL here ,,,stalling at 8.5% roi,,,will hold final 25% of shares for higher

1255
a move to spx 1330 lower, could set up short scalp on the bounce of that,maybe

1253
15min SPX is forming a bear rising wedge, but that thing can drift higher all day b4 any pb

1251
 cotton is at target here now at 8.5% roi,,,,taking some profit here or holding for poss 91.40 instead are both options,,i'll hold longer since i already took some profits (lower)

1210
imo intraday no mans land here, or aggress short scalp only,,,and buy the dip intraday,,,60min suggests the resist line break higher in coming hours, atm,,,,, i'll just stay on sidelines for spx for now

1208
depending on how u draw the trendline, spx is now rite at 1333.75 resist on line 1,,,with line 2 resis higher up,, reaction here is impt as a break higher could give 1342 today,,,but resist remains resist until broken,,,,on daily / 60m charts

1133
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
CAT still sickly atm, red 3%, holding for now for expected drift higher

1132
still see FFIV to 109 and 117 trgts but will look to reenter later,,,,,just hit the 107.75 trgt tho exited early

1123
 4%/7% approx roi ffiv

1122
FFIV 107.44 from 103.17 and 100 cost,, close enought to the .77 trgt,, still see higher but took profits and will re-eval reentry later

1121
EXITED the ffiv early here .44,,

1114
"IF IF" it can break the 8900 then a pop to 9140 is reasonable on a short covering

1113
BAL cotton should pause 88-8900 area here, sa 8900 a prior daily high,,,trying to hold for a break over the 8900 today if poss to 9140 daily trgt, may need to sell lower

1104
BAL curr at 8% roi,,,trgt today would give 12%ish

1101
huge green bars on /CT cotton 156.50--158.85 on high vol,,,should propel BAL to its higher targets, should be able to take some off near 130--200pm today

959
sell BAL lim 9140 trgt if able

956
lim sell CORN 4644 trgt if able

942
lim sell ffiv 107.70 if able to  take profits

* 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".

Tuesdau thoughts

359
UNP 60m chart has triple bull diverg but a medium strength one not ultra strong, suggests 102 test,,99.83 last

300
ES just hit the 1327/28 trgt from 140pm


239
daily SPY doji atm,,watching to see how it closes

232
4470--4500 corn trgt next

149
still see higher SPY but this is a scalp so taking profit b4 it disappears

132.90 taking spy profits here early,,maybe re-enter

140
1327/28 ES trgt, last 1323

131
xom is waking up here on 60m chart

121
SPY has tested its 15min DTL 3 times now, each time resist held, but often will break higher on the 3-4th try so holding the long here for now

116
lim sell SPY scalp at 133.18 if filled, from 132.40 cost

1234
CORN is now testing its second resist line on 60m,,tested first yest,,,still see higher CORN

1149
Long SPY 132.40,

1036
BAL trgt 8850--8900 next,

1032
lim sell second half ffiv 108.70 from 103.14, mayb sell 107ish instead

1028
PFE now testint its prior hi,,holding second half of PFE for next higher trgt, 21.20 last

1023
the 50 MA daily is the wrong one to use for CAT, diff stocks require diff MA daily. A look at CAT daily shows everytime CAT moved under its 50 MA it has bounce to a higher hi, since June,,, this may not make a high over 116 but i expect a bounce higher

955
Added more CAT long this morn, avg price now 106.74


* 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".

Monday thoughts

208
BAL may want to drop to 81 /82 again tomorrow, b4 higher,,,

205
later,,,still see 15-20% higher cotton

204
Cotton BAL up 5% today, still have the higher trgt at 8695 from 81.69, last 8495

154
bears want a daily close under 1342 SPX,, close over that could break the 60min dtl for higher highs

143
eventually these daily charts suggest to me a massive pullback, over 200 spx points, but not yet,,,spx may make a high over 1375 first,,,my reports suggest that institut are distributing here, but a final higher hi possible (unknown) before a plunge lower, in coming days weeks months not hours

120
taking profits on HOT here a little early,,may bounce hard,,,will look to reenter the short later, 5740 out

1245
same stop on F, hard stop 1493

1233
agressive long spx could work here 1338,,,i'm not doing it since think the individ stocks long are better, for multi hour hold, with poss of lower low first on 3min chart

1229
not Class A diverg so upside still limited if it triggers higher

1228
spx 60min MACD hist is tracing a bull diverg vs price,,,still needs more time to finish

1223
theres the expected pullback spx to 1338ish,,,watching reaction here,,,move to 1339 might setup a long entry, AFTER another pb on 3min charts

1205
changing HOT daily trgt to 5685 from 5653,,,, will cover HOT 5685 limit if able from 5862

1155
HOT short should move down one more time on 60min,,,then i will prob exit when it starts to base on 60min,,,should be good for re-entry again short after a bounce,,,in coming hours days

1145
resist remains resist until broken higher,,,but a bull flag on spx 15min right at resist could be dangerous for shorts, good for longs, intraday

1128
for swings, if stocks   fall,,imo russell will fall harder,,,recently individ "defensive" stocks have been the stronger ones ,,,imo no swing short setup here tho

1106
SPX now 1 pt from its 10am trgt of 1344, but no short setup imo for mutlihour holds

1100
HOT is refusing to participate in this spx rally, so holding the short for lower trgts for now, 5784 but at some support here so may stall,, supp break would prob create nice move lower, 5788 last vs 5865

1046
CORN now at resist 1 test,,,R 2 above,, over tha4875 trgtt then 5200/5300ish (swings)

1023
if 1343 short does present, then often a cover lower and immed reverse long setup will come

1022
spx 1343 might present an intraday scalp short opp, but only if 1343 resist holds,,,will watch reaction there,,,if 1343 breaks higher instead then 1348 trgt

1016
still holding the HOT swing short,,still see more downside on it, 5653 lim order still in place to cover

1014
KO has pulled back today after making a new 3 year high on Friday,,,KO may present an opp to add more shares on this pb, after another 2-5 hours of settling down, no new entries yet, staying with the intial starter position long for now from last Thurs

* 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".

Friday thoughts

the website blogger.com was down most of day,,,here are earlier thoughts from today:

409
for wick followers, SPY wicks up to 134.80 AH

324
lim sell 1527 a piece of Ford


247
Ford 1509 stop 14.93 adding here, will take profit on this piece of F if it moves into close

234
spx 15min chart long confirmed using macd bull PpP methodology

232
1347 is spx 60min DTL resist

230
spx 60min bear DTL has NOT been broken higher


230
15min rsi has a bull "swing failure",,,its weak one but there

227
"down channel expansion" followed by break higher out of channel


236
SPX:  first steep 15min DTL has been broken higher,,,but usually will form a second higher DTL, pb, before larger move (for multihour holds),, that is,,, the bigger move higher usually comes on the second high after the initial steep downtrendline break higher


216
spx break 1339 on 3min chart gives 1342 and 1345 mini trgts

209
needs to break 1339 to move


207
spx 1336/37 long could work here, but early entry,,,for es,,,just idea,,,i'm staying out since individ stocks seem preferable than spy atm


119
/CT testing its rectangle resist now, watching for break higher cotton swing

1238

next move down on 3min es may setup a long entry,,,,15min still stabilizing

1221

still no stability on 15min candles, wont go long until then, bearish spx until then, intraday



1156

CORN has small daily candle but is pushing up on horiz resist 1,,which would imply a test of the 60min DTL if breaks higher here

1148

good for today only, may change tomorrow if not filled: cover HOT 56.53 to take profits from 58.62, last 58.01



1134

: could see 5700 on hot today tho, 5802 last

1133

new HOT short from this AM is at 1% roi, scalpers would take profits here or give a tite stop,,,swing trgts lower

1129

es spx 3min should bounce, then fall again,,,the "fall" should present a buying opp for multihour hold



1115

in about an hour, "another" long setup should finish baking for multihour hold,,,

trgt on HOT lower: 5500ish, then 52 (3 weeks) then 48ish

swing SHORT here on HOT,,,will add if bounces higher, 5863

BAL cotton also up 2.6% today,,holding swing for higher trgts



3550 SLV initial daily trgt, 3481 last

momentum traders: daytrade long triggerted here on SLV,,,aggressive as slv volatile

good for today only: lim sell half SLV 3747



slv break higher here would give 37.50 trgt next

SLV is now right at 60min resist,,,it may either break higher here OR head lower all the way down to 3150 area....3440 last

pfe hit 2118 or 4 cents over the 2114 trgt but trying to sell at next trgt 2247 instead

swing long CAT 108.60, may add more later on pb, i paid premium as 108.30 held, over 109 would also trigger buy but decided to enter here

KO just made a new 3 year high, maybe alltime high, tho its only marginally higher from recent april new high

still have 109 trgt on ffiv,,,maybe 115 later, 106.47 last

lim sell PFE long swing 2047 if able

SLV up 3%

lim long cat 108.03 if filled, went long swing KO yest at 68.25,,,will add KO on pb if one comes,,,KO may just decide to continue higher tho, new daily highs on KO

still looking for opps to add SHORTS on some individ stocks, as the SPX peaks






* 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".

Thursday thoughts

412
KO could move higher to a new high daily,,,small position taken in KO coca cola (re-entry)

356
this area on spx,,,is like standing at service line on tennis court instead of baseline,,,,swings almost no mans land,,longs setup came lower,,,shorts need higher,,,to me,,,,other opps can be found in stocks or commodities vs the indice etfs like spy qqq dia tza

320
1352 is es trgt on 3min close over 1346.50

316
my software threw a buy signal 80% on ES 3min,, 1344.50 ES

315
this is second try at SLV to break the 60min DTL resist,,,often needs 3 so possibly a bull wedge as price goes lower,,then could break on next move up,,but so far,,,the second lower low was marginal,,,why thinking mayb wedge

312
also...slv 60min: may break the DTL,,,or looks to at least be forming a bull falling wedge atm, for multi day swings

308
1340/1346 supp resist,,, break of either ES likely to continue in direction of break up or down

307
15min ES has a bull flag atm,,,needs to break the flag resis line,, forming a bull harami 15min atm,,,1340/1346 supp resist

255
taking half of PFE off here 20.90,,keeping other half

235
ffiv at 106 trgt here but trying to hold for 109 if able, comoing days

215
if PFE doesnt hit 2114 today,,,i  might raise the sell lim to 21.40 on that half instead,,,on another day it can move above its prior daily hi,,,for half pfe

207
PFE hit the 2096 trgt but still trying for the 21.14 instead via lim order

205
FFIV   PFE   F  all approaching first targets ,,,not hit yet

155
SLV 3469 from 3197 low, for a crazy 8.47% daily range,,,SLV still needs to break over its 60min dowtrendline and then expecting test of higher trgts

145
adding second piece of CORN here 42.51

128
nearer term,,,from 10:58AM:::: imo for multihour holds,,,if ES gets a 60min close over 1342 then it is likely to continue higher for another 4 hours after that candle close,,,,,ES got the candle close,,,often this is a "buy the dip" setup for multihour holds

126
my charts show higher SPX,,,,,,, BUT the bulls really need a higher hi over 1375 spx, ELSE this daily action could be bearish institutional distribution,,, but for now no sell signal yet

116
half off here 1346 for 6 points ES (via spy),,,took early,,,been wild rdie

111
still have the PFE lim  order to sell half at 2114

101
ES trying to break higher here for second trgtr

1234
3min ES mini bull flag has broken its resist line,,,watching to see if makes new daily hi or not

1205
lim order to sell half SPY 135.40 if able

1152
watching reaction to this test here: pb??? marginal 2 point break? or a 5+point 5min candle green?,,,it "could" surge on a break of resist,,if it can break it

1143
but 3min and 15min 60m suggesting break higher over it

1142
ES now testing wedn 15:00 hi on 60min chart

1124
if ES 3min stoch dips under 80 but stays over 60, it may do another one of those "higher hi" b4 3min chart pb,,,,15min chart supports this 3 min pattern but 60 min neutral

1106
i still think individ stocks perform better than SPY,,,F   PFE  FFIV  transports all doing better than spy position

1058
imo for multihour holds,,,if ES gets a 60min close over 1342 then it is likely to continue higher for another 4 hours after that candle close, huge dojis indecision now on 60min es, a 15min candle close under 1323 would be bearish for move continue to 1300,, in the meantime can scalp long support and short resist and hold longer if begins to break in direction of scalp

1021
Ford continues to do "ok" holding on as it did yest despite spx turmoil,,,F up 1% now

1016
cotton BAL is down this AM but continues to base,,,still see a bounce in BAL cotton and possiblly a powerful rally in coming days weeks, 20% higher

1015
ford F continues to do well in this SPX selloff early this morn,,,F has held green thus far

1014
Silver SLV continues its v volatile movements, but bull divergences continue to form on the 60min. i remain long in SLV with the starter position but am not adding more here. may add later

* 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".

Wednesday thoughts

1043
FFIV hit 106 trgt and pb to 105 last,,,,may re-enter again

1017
cotton now at "buy back what was sold yest" here at /CT 149.60, etf is BAL

* 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".

Wednesday thoughts

406

for wick followers, SPY wick Afterhours to 136ish



339

BAL has not moved down after 230pm,,,often it will move down after 230 due to CT trading pause hours



312

Going LONG in silver 3939 here,,,small position starter as its volatile, may add more later



258

BEARS for swings need to break 1330 spx, else it remains in a daily coil now for last 8 days,,, i remain bullish spx while over 1330



130

there is a possible bull W forming on SPY SPX 60min,,,idea only, still forming, on leg 3 of 4 on the W now



1243

daily spx still shows upchannel feom march 7 with 2 higher lows so far, and 1 higher hi



1220

adding piece #2 at 1337, spy 134.18



1157

the SPY lim buy order just got filled,



1121

F trgt daily 1560 area



1121

F should outperform SPY:  F up 0.75% today vs spy down .35%



1115

Ford F is also scalpable today,,it caught a bid this AM despite the ES decline,,notice the green 60min bar in F



1109

cotton CT is setting up a nice bull reversal pattern here,,,following expected roadmap, on 15 and 60m charts



1108

trying for a "stop run" on a marginal lower lo



1107

lim buy spy 134.91 if filled, 135.25 last



1104

 notice the 15min DTL test right here,,,will usually stall (sometimes overshoot) then correct lower one last time



1102

next 3min move down on ES should setup a buy scalp,,,could take 3-60 min



1043

FFIV hit 106 trgt and pb to 105 last,,,,may re-enter again



1017

cotton now at "buy back what was sold yest" here at /CT 149.60, etf is BAL



* 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".

Tuesdau thoughts

320
PFE just hit 2095 or close enough to .96 daily trgt,,,still trying to sell at 21.14 instead, if able

313
................................................................................................
watcing to see if XOM can wake up or not in coming days,,,,red on that position atm but holding for now "down here"

309
watching IYT transportation index and compon proxy UNP: new 2011 highs for UNP,,,,the IYT is testing,, i remain long UNP

244
lim buy CORN again 4335 if filled

219
*103.87 stop[

216
103.88 stop on ffiv long scalps

212
10430  10470 trgt ffiv, last 10402 after moving after that PpP confirmation

202
now testing horiz resist on ffiv ,,15min chart,,,watching reaction,,,expecting break higher but stall/pb poss,,,,103.60 last

156
ffiv 104.30 trgt intraday

150
2085 last pfe

149
raising lim sell half PFE to 21.14 from 20.96 for now for higher gain if filled,

136
 still see a 20% move higher

136
5%+ish roi on that piece

135
8475 area is close enough to 8520 trgt,,,taking half of cotton shares BAL off here from 8050

120
*over 103.20

119
ffiv 15min bull harami, needs confirm with 15min candle close over 101.20, also bull macd PpP with same conf needed

1256
UNP (my proxy for transports) is testing its april high now (made a marginal new high already but watching to see if sustains, and where it closes)

1222
fwiw,,,intraday "inv head shoulder similarity pattern"--- could be a valid bull flag,,,: flag breaks higher, then retest to a higher low,,,can imitate an inv hs and be "valid" at highs

1219
BAL cotton now at 8269, considering the 8277 trgt hit,,,next 8520 bal from 80.47

* 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".

Thursday thoughts

355
interesting VIX: SPX comparison 4/18 and today: VIX double high vs spx higher low

241
lim sell half aapl 353.72

233
that 3min stochastic setup requires the proper confirgurations on the 15 and 60min charts,,,atm they are valid,,, would be invalidated on break of the 1336

230
The ES is setting up another one of those 3min stoch patterns,,,same one that worked 2 days ago,,,,: expecting over 80, lower to 60/60ish,,then over 80 again for higher prices, if pattern triggers, trgts would be the 1345/1350 to start

225
transports UNP has moved nicely from 100.00 to 101.86 last

222
heres the 1341 test (.75 satiffies),,, break higher would give 1345/then 1350 trgts

220
atm,,,3min is suggesting a 1341 test,,,but the 1336/41 is what i'm looking at

219
1336-1341 ES is now mans land scalpwise imo... over 1341 bullish under 1336 bearish

1245
*3525 was trgt,,typo

1225
hit 3477, under the 3425 trgt

1223
silver hort SLV is now at decent swing target lower, after falling 25%

1221
BNI diff read due to huge gap up

1220
transports:  a comparison of FDX  UPS  UNP on transports (holdings in IYT) suggests to me UNP is a nice option,,,higher highs from April, breakout few days ago, yest backtest

1214
8580--8600 trgt for half the newly entered BAL this morn from 80.00ish

1210
the pattern on cotton BAL,,often it will make a LOWER high, then a HIGHER low,,and complete the bottoming process for a power rally higher, on the 60min chartt, in coming hours days

1204
TZA daily bear dark cloud cover atm (bullish for russel long, bearish for tza)

1104
back in cotton again, BAL 80ish

1100
CORN came a few cents from .85 stop but didnt stop out,,hit .89,,,i am lowering the stop for now to allow a little room and watch reaction here


* 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".

Tuesdau thoughts

355
selling all spy scalp except last 25% of shares,1353.25 ES

349
took half of scalp off,,,about 4 es pts

347
theres the stoch move back up,,.,watching to see if can push price to scalp trgt or not

346
138.78 trgt b4 .94 trgt,,,watching both

337
heres the 3min stoch move to 70ish area,,,watching reaction for move to 20 or higher again over 80,,,often on this pattern it will go back up

327
SPY is now stalling at the 15min DTL,,,stronger obviously than 3min dtl pierced b4

324
limit order to sell there if able

324
spy trgt scalp 135.95 for half

320
on this setup,,, ES 3min stochas 14,3,3 will often go lower to 75ish then back over 80 ,,last stoch 92

318
spy at algorithmic resist now on 15min,,,watching reaction

317
look at 3min aapl vs 3min spy and you can see the aapl scalp wayyyyyyy outperforms the spy

309
as expected, marginal es break over 3min dtl,,,watching if it can bounce now


249
Long spy at es 134775 long into the close

200
i am swing long xom here 85.37

115
sold half of BAL cotton 87.70ish

1228
if SPY breaks 60min DTL it would be bullish, its not broken higher yet (SPY and ES charts 60m are diff),,,, but if es spy move sideways here it can break it higher,,,watching reactions

1029
taking some aapl 348.26 here

1028
aapl again 348.11 lim if able, last 348.32

1003
es now testing horizon resist 1357 after the trendline break bigher,,,resist is resist until broken

1002
ES 60min has a marginal break over its 60min DTL,,,the spx does not have the break yet,,reactions here could set the tone for remainder of day

958
AAPL nice big green 60min bar to start, if holds

937
back in CORN long swing 4565 here, stop 43.85

* 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".

Monday thoughts

237
aapl 347.20 here could work, stop 345.20

234
aapl corrected to 347ish as expected, watching reaction...holding supp thus far

210
84% buy signal,,,likely will trigger

208
IF ford decides to move up this PM,,that was one nasty 10 second stop sweep to 15.47,,,is why mental stops and "at the close" stops make sense for swings,,,with hard stops set much lower only to protect against fat fingers

203
buy alert at 80%,,,needs 85% to move, spx,, but 80% suggests 85% may come

148
spx bulls need a bigger  3min or 15min candle to move up,,,rite now the red candle is large with a trickle higher,,,a bigger 3min candle may trigger more

132
aapl may move lower a bit to test 347ish,,,if so may present long opp to add more shares to existing swing

129
aapl has pierced the 348 trgt higher but watching now for a 15m and 60m candle close over it

124
(inside larger daily bull flag)

123
aapl forming a bull diverg on 60min : price dbl bott vs higher macd but its not v strong div...still forming

118
a 15 or 60min close over 348 aapl would be bullish intraday for it, 347.50 last

111
aapl marginal piercing its 15min horiz resist higher now,,watching reaction

1258
added #2 spy at 1359 ES

1148
using SPY instead of SSO 2x or upro 3x for better volume on spy, and better afterhours fills if trading AH

1148
long scalp here SPY at ES 1363, spy 136.75

1124
this ES 3min red bar has higher volume than the opening bars 930am--10am

1029
if spx breaks the low from 2 days ago,,,may be a swing short entry,,but still bullish for higher until then

1017
also just went long F,,this is on an expected breakout intraday higher so more aggressive, 1560 F ford

1010
back in cotton again, holding swing from b4, this is daytrade/swing, at 87.25 BAL

BAL has been good for $2-5 intraday moves upward lately


* 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".