Monday thoughts

324
Watch the bond traders,,in general they are much smarter than equities

246
with 15min suggesting intraday breakout mayb

246
swing on tbt,,,,tbt bullish diverg daily, stable atm on 60min, and it appears after watching TLT last 10 days that TLT topping

244
stop 31.66 for now

2:42
buying TBT long (bearish treasuries) 32.72, same as 2x short of TLT, after watching for last 10 days, early entry #1

207
out of sbusx scalp 3508

206
*3408

204
.07 last,,,will prob be stopped out

204
*35.04

202
STOP 3497 SBUX, will hold the stronger MCD with looser stops

147
taking half of scalp SBUX off here ,.92

1203
adding more sbux here 3478

1135
lim sell sbux half at 3568 if able, between 2 trgts

1127
3540 and 3597 sbux trgts to start, 37/39 later

1115
but corn may need another 3-4 hours at least of baking b4 setup

1115
possible swing re-entrys long in CORN and BAL cotton,,,no setup yet imo, CORN is "closer"

1102
long MCD swing still valid

1101
long sbux 3504 for either scalp or swing could work

* 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".