Friday thoughts

147
74.93 interim xom target--chris

141
7520 xom may give the push to 7668 first XOM target,,,xom up 0.74% vs spy down 1% today---chris

137
Yesterday we waited all day for a bullish price low : vol diverg to form intraday and didnt get one,,,today intraday the ES does have such bullish vol diverg, suggesting that higher is poss off the 1139 supp test entry idea----chris

122
dow stronger than spx, XOM stronger than dow, partial reasoning behind XOM new swing long entry---chris

111
xom sell lim 7668 order in,,,to take profits for xom swing if filled

101
heres that 1139 es supp test===chris

1249
the last 4 days, xom has been able to make equiv daily highs, unlike spy with lower daily highs,,,also the 60min looks like it wants to go higher in order to form a bearish divergence of price:rsi,,, no bear diverg yet so higher suggested.

1248
xom "just might" break out of its daily rectangle resistance since august 15 for a move to 7675ish==chris

1246
i'm going long xom 7427 swing,,,may take profit today if it pops nicely but willing to hold longer

1225
sp500 spy spx dow agressive scalp setup may present in 6-18minutes or so--chris

1220
15min spx spy right now in middle of range,,,a higher low on 15 later today could give a buy long scalp setup,, the 60 min suggests a rallly can come, but need to use the 3min and 15min together to get the entry setup

1210
if support holds, spx may try a rally to 1173ish in coming hours days,,,hard to get a target to due extreme volatility

1209
that daily and  60min spy spx is beginning to coil triangle like has been suggested last 5 days,,,watching to see if a coil forms and then a break of the coil---CHRIS

943
out of spx short from 1200 to 1145, for 55 points profit,,,,will re-eval markets later for long or short opps swing,
4.8% SPY profit, or about
15% profit if using SPXU===chris

941
I still believe that ES will bounce before 1100 es, and begin to coil triangle on the daily---CHRIS

939
if 1133 es doesnt break i may cover the shorts and look to re-enter,,still have 1126 and 1121 es targets but this may be close enbought,,,will look to reenter bounce if support holds and does not break lower---chris

936
i will manually trail the stop lower as es moves lower to get as much profit as possible while protecting from upsurge,, but i wont post all the manual trails here to avoid clutter

935
lowering stop on spy spx shorts from 1200 to es 1141 to protect profit===chris


* 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

335
took profits in DOW short

329
es intraday into close having troubl,e clearing over 1144---watching that # into the close---chris

322
aapl may go higher first,,,but think the buy will be after it breaks lower, and begins to form a new base

322
imo,,,AAPL has held support on it daily uptrend line,,,but i believe it will break the trendline and form a less steep daily one, and then aapl may be buyable long,,,,will take a few days at least to form thyat setup---CHRIS

315
For S&P500, the SPY 60min and daily chart suggest waiting at least 4 mor hours before entering any long swings, and even then a long setup may not materialize,,which means waiting until tomorrow. For swing shorts,,,i'll take profits today on the DOW and keep the SPY shorts overnite...CHRIS

257
DIA short---stop set 110.57 dia to cover shorts to protect profit in case surges higher,,,holding for now, and will manually trail the stop lower for the dow short from yest,,,still holding the spx swing shorts with looser stop===CHRIS

254
here is that retest of lows that lack of volume diverg intraday was suggesting,,,watching reactions here,,,may get signals to cover shorts or scalp quick long,,no signal yet,,tho i wont take the scalp long only the cover short setup---CHRIS

248
1:01 PM 386/387 trgt for aapl was hit,, 1:01 pm posting suggested 386/387 aapl will likely hold on first test if it moves there--hit 386.38 and bounce to 391ish,,,watching if 386 can continue to hold further tests or not----CHRIS

245
maybe the next pullback on ES SPY 3min chart will suggest covering shorts or long scalp,,,no setup yet imo for either---chris

231
still no bull vol diverg intraday,,,waiting---chris

226
on daily,,,bears still have not broken the rectangle, tho the flag is broken,,,we could still get the higher low coil pattern on daily---chris

223
watching if dow breaks yesterdays low convinvingly,,,SP500 may not find support until dow gets lower, to 10930 ---10850ish area

216
 if DOW breaks here,,,SPY could hit its target #1 today--chris

215
still no intraday bull vol diverg,,,so a bounce will likely retest again lower intraday, tho maybe to a hgier low,,,still bearish intraday atm----CHRIS

213
DOW is now very near yest low,,,,watching reaction here,,,,---chris

210
AAPL is now on its daily trendline,,,so trendline support rite here, not horiz support...392 did break as expected earlier today---chris

209
es just hit the 1141 trgt,  1140.25 last---chris

207
DIA dow is right at its gap support now,,,yest gap support was broken so watching reactions here---chris

205
sp500 and ES may find support when DOW hits yesterdays low,,not there yet===chris

202
watching for possibility taking partial profits on swing shorts (will still hold some swing),,,no entry yet, but is possible that charts change today , that a bull volume diverg develops, and a bounce comes,,,waiting for now---CHRIS

156
while under 1153 ES,,, es and sp500 v bearish, imo,,,,and 15min charts "needs" several more bars candles---chris

155
while under 1153 ES,,, es and sp500 v bearish, imo

154
15min and 60min still say "hold swing shorts" imo----chris

153
,,i shouldve added more qqq and spx shorts yesterday instead of dow shorts,,,thought dow would falter but qqq fell harder,,,,but dow shorts are still profitable so its all good

149
even a bounce to 115.75 on spy would not invalidiate,imo==chris

146
SPY is now testing its prior low, so stall here makes sense,,,if that low breaks then 113.80--114.20ish spy target,,last 115.03

144
1141ish es may stall,,,watching reactions if gets to that trgt----chris

139
this is what happens when there is no bull volume divergence, the rally intraday fizzles--chris

139
INTC hanging by a thread but officially still over its .20 support,,,watching as its pennies away now on the test--chris

134
1141 es trgt, simply prior low==chris

133
sell program alert here at ES near the lows,,,79% confid

131
watching to see if DOW catches up to SP500 ,,,dow been stronger thus far today===chris

101
386/387 aapl will likely hold on first test if it moves there---chris

1245
return to support test here ---candles on 3min are too big,,not small candle descent,,,moderate volume,,suggesting support can break lower,,,watching reactions---chris

1240
last 2 hours is consolodation i mentinoed b4, often continues one more time in prior direction intraday ,,,in this case lower,,watching if support holds or breaks to a lower low===chris

1237
for now, aapl and intc still over 391 and 20.20

1237
moving lower here on ES<,,still no signif es bull volume diverg on this move,---chris

1213
suggests lower prices under 1160,,,even a lower low intraday

1213
still no bullish volume diverg intraday, actually is bearish vol diverg on 15min but thats normal during 11am--1pm,,,still see same support and resist levels--chris

1123
imo aapl may be related to amazon kindle fire,,,but the daily had a bear diverg on it,,,think its more the technicals and its meteoric rise and strength in the face of multiple SPX downturns the last several weeks...CHRIS

1110
SPY spx up .78% vs intc up .25%,, and intc is resting on its support now, daily candle intc

1109
INTC chart has now turned weaker than spx,,,watching intc, which has been strong lately, now weakening,--chris

1101
no bulllish price:volume diverg intraday on es sp500 yet on 3min chart--chris

1053
ES testing 1153 micor resist now...watching reaction---chris

1049
under 1153, intraday ...is extremely bearish,,,tho es may climb over it---chris,,,with prior support levels 1160-63 now resist levels

1048
failure to bounce on es to 1153 would be v bearish ,,last 1150.50===chris

1044
INTC still holding up tho,,,chris

1031
aapl perfect test of the 392 supp....hit 391.90 and bounced on first try as expected,,,but the 392 looks breakable after some work,,,will watch for aforementioned consolod---CHRIS

1036
ES may want the 1125 area and a bounce, to begin to coil inside the rectangel as mentinoed yesterday,,,bounce poss there to another lower hi,,on daily---chris

1032
also watching INTC 22.20 support to see if it tests and holds, 22.41 last intc, over its support,,,if intc breaks support, and aapl down, and finan weak, bearish on spx qqq dow

1032
a stall on the first test of aapl supp is likely, mini bounce,,,watching reactions of consolodation if we get that--CHRIS

1031
aapl approaching 390-392 area,last 392.50,,,v v impt test of supp imo==chris

1027
poss we consolodate for next 1-2 hours, chop,,,depending on if it wants ping pong in the intraday range---watch INTC also----red aapl bad for qqq spy dow

1024
1160 es support zone holding,,but its micro intraday support,,,so can break lower more easily--watching reactions in the support zone now===chris

1019
with other support levels in aapl down to 384,, mid term aapl bullish unless 384 breaks but not valid for new long entries here imo

1019
aapl 392 support,,,still very impt # imo,,,same as last several days support level, for aapl and also qqq spy----CHRIS

1005
1160--1163 ES micro supp area intraday,,, if that breaks,,,downnnnnnnn

1003
ES struggled at 1166 and now turnign down,,,watching to see if sustains, still biased to down imo---chris

933
watching the first 30min of trading,,,ES resist still holding atm,,,===chris


918
ES is now right at resistance, looking for it to turn  lower, from 1166 if R holds, else 1178 trgt higher on break over it,,bias is lower atm

* 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".

Wedn thoughts

357
look at spx daily chart, and spy,,,spy now has  a lower daily high and is beginning to coil bearishly within the rectangel...this 2 day selloff below the prior resistance is troublesome for spx,,imo---chris

355
covering a piece of dow short for 155 points profit,,holding rest overnite---chris

340
might cover some of the dow shorts b4 close, will def keep others overnight,,,dropped 100 points since entry--will see what it does into close---

336
 tomorrow may be too early to go long gold,,,will be watching charts---

333
10,851 DOW target for new swing short,,,similar to 114 spy i believe, will continue to hold 1200spx shorts with looser stop than dow---CHRIS

328
spx dow-intraday---tested breakpoint resist perfectly then backed off---is why i set a tight stop to enter short below mkt right as resist tested, in case it broke higher instead,,,was filled just under resist

323
DOW may fall harder than spx if the stronger stocks like INTC pull back tomorrow,,,,CHRIS

321
DXD is 2x equiv to shorting DIA, but imo one gets better fills on DIA (also on spy vs sh spxu sds)===chris

316
shorted dow 11,155 for swing,,,---chris

311
may see 1169 spx today---cjhris,,,

308
theres the 1161 spike on ES,,,still see lower poss coming days---chris

252
1162 spike possible, ES----chris

235
poss bounce intraday,,,muted reaction thus far as the support zone is holding ES....nimble both ways--CHRIS,,, still watching reactions in the last 90 min of trading

206
intraday shorts makes sense to tighten stops on half of shares,,,imo,,chris

157
using manual trailing stop on shorts,,,wont clutter the room with all updates,,,will keep 25% of shorts with higher stops near breakeven (swing)---chris

155
es just hit 1156 target---chris,,,

135
1160.25 stop on half es shorts,,,holding rest higher stop--chris

133
if 1150 es breaks, watch out below,,,tho expecting a hold on first test in 1155/50 area---chris

132
1163.25 es mental stop

127
looks dangerous for spx, for next few hours ,,,esp under the resist---chris

126
es 1162 holding for now,,,if it breaks lower will be interesting to see reaction: muted or intense?----still see lower, under resist still0000----will quickly invalidate if resist breaks higher---chris

122
need to be careful,,,low vol today---chris

120
nervous intraday shorts might set stop 1166/67,,agressive might wait longer---chris

115
still bear bias intraday imo,,,while under the resist---chris

114
this is v impt intraday supp test here on spx es imo,,,watching carefully---break of supp gives the lower trgts,,,chris

112
if using GLD, i'm looking at 254--162 range but will wait till tomorrow prob to see if 154 breaks lower,,,if so i'll wait longer,,,maybe buy on a break over 163---chris

110
 gold,,,imo needs at least abnother 4 hours b4 long entry for swing---chris

1251
1163-1177 range on ES,,, a break of one of those higher or lower will likely give more in the direction of the break--chris

1244
multi-week "real" support on aapl is 378-385,,over that its still healthy,,,but 392 break will likely cause chop for aapl---chris

1242
AAPL has been able to hold over 392,,,watch 392 aapl in coming horus days,,,if it goes under 392,,, QQQ and SPX may fall hard,,,no suggestion now that aapl will break under 392, but watching==CHRIS

1231
the last several weeks now, the pros have been reliably tipping their hand in the final hour of trading,,,,for swings i've been making decisions in the 3-4pm timeframe for new entries,,,fwiw---CHRIS

1229
tho charts say wait until 130pm corn reactions

1228
ZC corn futures, or CORN etf, have moved lower but i believe that corn is basing for long swing opp,,,i may add to existing long swing ===chris

1224
the 15 and 30 min spx charts are battling here, seeing which one wins higher or lower,,,my bias still lower for now, esp while under the ES intraday resist, but that could change===CHRIS

1214
ES hit 1174 (1173/75 add more shorts area) and has retreated :)

1135
81%--chris

1132
sell alert ES at 78% confid===chris

1127
if ES claws to 1173/75 area, may be able to add shorts---chris

1109
1158 1159 first trgt if it breaks, es,,,b4 the 1155 intraday==chris

1106
intraday if 1163 doesnt break lower by 1127am, could go higher---=chris,,,
 trgt is to break in 9 minutes

1102
short es here 1166,,or 1860 spxu could work

1050
around 11:03 AM,,11:06 poss scalp entry short es may setup

1049
under 1171 es, bearish intraday imo--chris

1047
still holding the long term spx 1200 short, for under 1100 spx eventually

1039
sell alert for es 1155 tgt from 1165 es

1036
yes es tested its 1163 support area, may retest and break,,watching reactions==chris

1034
intraday ES stil bearish for another 12 minutes==4 more bars on the 3min==CHRIS

1023
watching next 4 bars on the ES 3min,,,bearish for lower low intraday atm,,,===CHRIS


* 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".

Tues thoughts

1237
As expected yesterdeay, the Russel has started to catch up to SPX and it is outperforming SP500 today.  IWM russel is up 3.72% vs SPY up 2.25%,,, TNA russel up 10.9% vs UPRO spx up 6.89 %

922
Corn futures ZC are up nicely this morning at 662.50 from the 646/648 entry add more longs signal given yesterday, or about 2.5% roi atm, which should benefit the CORN etf

* 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".

Mon thoughts

358
nice rally intraday off of that higher low----CHRIS

232
if i enter, would basically be buying back the shares that i took profits on earlier today, exccept at a lower price

232
still forming a higher low on 60min chart,,,i might re-enter long swing again in qqq tna upro etc,,,,unsure atm-

207
into the 2pm hour,,,as expected, ZC corn futures broke over 649 with 653 next intraday target, and much higher swing targets ...last 650.50,,,(or CORN etf)

127
CORN or ZC futures 3min close over 649 should give 653 test, then higher than 653 swing, 647 last

126
,tricky,,,if a higher daily low forms,,could go for a higher hi
rite now,,a higher low forming

124
es trying to break 3min trendline here,,, a pb might be buyable scalp, not there yet,,,imo---CHRIS
first try usually gives a pb

109
this is the # of bars i was waiting to pass for poss long scalp,,,,watch 3min for poss base and move higher, or a break of 3min DTL and buy pb,,,,no entries yet,, tho i will probably pass on this scalp,,,waiting longer for poss swing entries long or short to hold overnite instead

1215
that scalp long russel or es would present if 3min starts to base with smaller candles ,,,or on break over 3min DTL and then mini pb to enter, in next 3-12 bars, but i'm not takint it,,,be back later

1209
tho 60min russel says "buy 15min pb one more time one more pop" imo, but not here,, i'm not going to take the trade idea since i'm leaving for awhile now

1204
Additional longs on CORN 43.20 here or 650 /ZC futures seem good, for swing hold 2-20 days,, waiting a bit could give a better entry lower, or buy the breakout, but in general the 650 looks good here.... 649 last.

1148
thats from fridays tna entry

1147
out of tna 35.60 from 34.17 for 4%+ profit

1147\
took tna profits hjere

1145
raised, stop 1141ish==chris

1143
can always buy back on pb

1142
tightening stop on TNA,,,near 1135ish ES to exit if under 1135ish==CHRIS

927pm
TNA up nicely here at 35.69 from 34.17 entry on Friday or almost 4.5%.

* 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

429
WOW the TNA shot up 1.6---1/8% so took profit on half of position bought this afternoon,,still selling AH in this area==CHRIS

351
in tna 34.17

347
if i dont post sooner, i'm making the tades 3:53--3:58 timeframe==CHRIS

327
will still take a long in qqq typ tna for short term trade

325
changed my mind,,, will cover only the DOW and IWM shorts,,,keeping the SPX 1200 shorts for swing,, think we see a bounce short term,,,then lower long term,,,

318
about 4 bars on 3min passed,,,still need 3-4 more to decide

310
between now and the close, i will cover the DOW shorts to lock profits,  and reverse long the QQQ or QLD TYP to hold overnite for monday

306
if it doesnt break here, may need another 5-7 bars on 3min, which may tell us direction into close

305
as usual,,,1122 ES held the first test,,,a second test will likely break it lower==chris

259
still watching for that poss 3min intraday close under es 1120

258
last spx 1131,,good for shorts

258
still keeping the spx shorts swing from 9/15 at 1200 spx for now, IWM from 71.23 (half),,,and DOW 10750 from yest. i will take profits on DOW today, unsure if holding the russel and spx over weekend===CHRIS

241
next 6 bears 3min es bearish sideways imo, esp under 1128/1130==chris

229
1126.25 on ES to cover es shorts only for 10-11 pints,,,still have the DOW 11750 shorts with same stop over yest hi on DIA

229
watching reactions here es 1125--122,, holding half shorts from 1136 still,,,and dow 10750 short swing,,,==CHRIS

212
took off half of that last short for quick 6 points profit

205
shorted at ES 1134

135
if they can get it over yest highs on DIA (with a little wiggle room higher) I'll get stopped out of shorts and will re-eval. for now, im waiting to see if they can force a break higher

114
15min spy can push the 60min stoch back under 20,,,didnt really visit under 20 for v long-CHRIS

113
15min chart suggests that it may need another 2 bars to "really move" imo,,tho in this volatile mkt can happen anytinme,,,

111
intraday moves, watch for es close under 1120 on 3min chart,,,15min chart suggesting to short the 3min rallies==CHRIS

107
sell program alert just triggered on es,,,78% confidence atm==CHRIS

1239
15min and Daily charts suggest lower SPX ES SPY DIA dow etc,,, last ES 1127,,,, the 15min is suggesting a pb in the 60min charts if es 1123/1120 breaks lower, 15min suggests that it will break but awaiting confirmation

1232
notice the 15min DIA (dow) is a little weaker than the SPY (spx)....hower highs on DIA vs equiv highs on SPY,, one reason i chose DIA over SPY for short

1142
still holding "one night short" for target mentinoed before, using stop just over yesterdays high,,,for DIA stop 107.90--108.20 area for example===CHRIS

1008
1100--1102 first trgt for ES short from 1127, last 1120.5, to take 50-100% of position if hit

950
DOW 10750,,es 1127 shortable here imo,,same spot we shorted yest at close==chris

929
I'm preparing to take profits on the DOW short from yesterday at the close, not covering yet, not covering pre-market as I did yesterday, still see lower spx es qqq and dow, tho they may rally before or after

* 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

359
10750 dow i'm short,,to cover tomorrow--CHRIS

354
shorting the dow on the close of this 1min bar, overnite 1 day hold===CHRIS

348
still waiting to add shorts,,,will add soon,,,within next 9 minutes====chris

331
this "swing" to short todays close, is a one day swing,,so using DOW instead,will exit tomorrow,,,other shorts are longer term holds,, no entry yet but whatever the price, i will short between now and 3:58 PM,,,trying to let it bounce here

322
spx bear flag broken, trgt now 1103 spx ===chris

309
charts suggest MORE selling tomorrow, I am awaiting a bounce to short the shares that I took profit on earlier today, will short the DOW not spx this time, i will hold the shorts overnight,,,if this is a loss and it rallies tomorrow, then the loss should still be less than todays gain (much less)==CHRIS

1015
looking to re-short INTC swing again, not today tho, needs several hours, few days first prob

1014
aapl could fall to 385/390 and may then be buyabale long again for swings (not today),,,would need to see chart when gets there,,,IF it starts to base again,,,aapl 444 is still target, 406 last down from 422 yest----CHRIS

929
I took profits on INTC SPX shorts pre-market,,,will look to reload shorts or maybe longs 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".

Wedn thoughts

343
took profits on half spy 117.62,,, will re-short again in 10 min


342
117.62

340
117.82 stop,,moving lower :)     ==CHRIS

337
118.21 mental stop

336
stop 118.42 on half of spy shorts, will hold other half swing overnight longer

241
over 1181 ES I may cover some spy swing shorts to lock profit, under that i will keep holding,,,watching reactions here==CHRIS

224
ES hit just over 1195 pivot from hour ago and backed off sharply,,,watching the rollercoaster now a bit ----CHRIS

202
below 1194, the 15min ES is in a falling wedge with more room down b4 rally up bounce---CHRIS

151
intraday SPX is setting in a dangerous position right near its support, which if broken at 2:15pm could casue a larger wave of selling... tho these FOMC days are often bullish up to 2:15pm

110
i've lowered my aapl trgt to 444 from 450, for now, 419 last, with last recent daily high 423 *422.86)

102
spx 1186---1189

101
watching 1189 spx support,,,if that breaks watch out below,,,first test expected to hold support tho---CHRIS

1203
QQQ is starting to move ahead of appl on 3min chart tho qqq up .66% today vs aapl up 1.75%,,, qqq may play catchup,,,other non-aapl qqq stocks being bought now atm===CHRIS

1201
421.50 aapl retest is liklely today imo,,,419.99 last===chris

1140
aapl hit its 419 trgt pn the 417.30 break signal from b4, needs 3min close over 419.50 for next higher trgts

1137
WOW, HPQ is up 6.6% today, tho this stock has lagged severely since July==chris

1129
aapl got the 3min close over 417.30 within prescribed # of bars,, 419ish and 421 next pivots higher

1106
still have the spx and intc shorts, half of msft at higher stop===chris

1104
took profits on MSFT,,,will look to replace it with another short later today---chris

1102
aapl 3min is trying to base,,trying to form base for intraday rallyt,  BUT this pattern only 50% up,,,often it makes a lower low on 3min b4 rally,,,so wat5ching this carefully,,,the break of support or resist is key imo

1059
aapl needs a 3min close over 417.30 imo,,, bearish until it gets that,,then may rally higher

1058
aapl does have a marginal bear break but its small and needs confirm,,could spell trouble for markets--chris

1057
next 12 minutes,,,next 3 to 6 bars on the 3min,,,crucial intraday on aapl imo,,,

1056
higher qqq and spx are not likely without the support of aapl

1055
aapl is now testing its intraday support now, along with qqq and comp,,,,THIS MAY BE the most impt test of the day (expcept 215pm maybe but thats chop)===CHOP

1052
heres that expected test on COMP,,,watching reactions here,,,chris

1051
stop tightened to 2652 msft from .77

1049
2627--2633 msft "should" stall, if not then may see 2600 fast,,,but expecting a stall there

1049
2633 msft trgt on half, last 2643,, will watch reaction at 2633,,,,if starts to move higher will take profit on half

1043
2677 stop on msft to lock 3%ish profit in case of sudden spike higher,, 2649 last

1038
watching aapl 419.40,,,if it can get over it ,,,aapl may surge t0 423, stall then break higher,,,but bearish imo under the 419.40 (intraday only)

1037
watchinng 2660-2666 msft for resist to hold or not, last 26.50

1024
ignoring "news" and using charts only, charts say hold MSFT at least another few hours,,but will watch it here

10:23 AM
MSFT short is down nicely this morn, down 1.45% vs spx down 0.14%,,,watching reaction here at 2662 msft support and will take profit on half IF the support holds,,,else holding for lower on support break lower---CHRIS

* 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".

Tues thoughts

354
nice close for those holding swing shorts,,,still see lower spx and lower tf russel iwm, tho expectations lower are moderate not aggressive atm, imo--- will continue to watch AAPL, as soon as aapl weakens intraday, spx tf fall harder,like they did today on aapl 3min closes under 318

303
AAPL got both of the 3min closes under 419 and 418,,,,CHRIS

224
aapl is beginning to show "lower aapl warnings" but they are not confirmed yet---chris

223
idea: watch aapl for a 3min close under 419/418,,,to be followed by weakeness in spx and qqq if such close occurs,,,over 419 aapl bullish intraday but may weaken here--chris

206
TF may test 695 lower intraday given mini break--chris

205
right near,,,,a little over that 9minute test mark,,,still could be critical here for behavvious rest of day==CHRIS

146
the next 6-9 minutes may be crucial decision....intraday, last es 1210,,,tf 700.70

131
clearly reversed too early from long to short in INTC,,but still see lower INTC correction from parab daily move higher b4===chris

107
still looking to add swing short in XLF but waiting another 2-4 hours first==chris

106
iwm 3min chart weaker than spx 3min==chris

1247
60min bear diverg in MSFT, still see lower msft ==chris

1136
still looking for entry for long GOLD swing, tho a quicker,shorter entry SHORT gold may present first

952
AAPL just hit its 418 interim target, eventual target approx $450 (exact trgt calc later),,, BUT aapl likely to pullback soon, so lower in coming hours days before the 450==CHRIS

944
still holding the shorts in SPY  IWM  INTC MSFT  for lower targets

943
CORN is up this morn about 1%, new swing entries at this level still valid long imo.

* 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

354
if financials rally tomorrow xlf,,,may add those as swing shorts,,,xlf down today 2.6% vs spx down 0.93%==CHRIS

351
shorting swing MSFT here, 27.25==chris

258
CORN swing currently at a 1% loss,,,but still see higher targets being achieved to move it to profit in coming hours day,,,will hold this longer


256
IWM SPX INTC swing shorts (in profit atm) still say hold longer, probably overnight, but will see what the close looks like 330-400pm

256
GOLD (/GC or gld etf) continues its pattern, still waiting for a swing entry long on gold, none yet, needs a few more hours so maybe tomorrow an opp will present

107
my IWM swiong chart says hold the swing short from last week at least another 2 hours, prob longer,,same for SPX and INTC shorts

1240
 i still see higher gold coming for swings,,but no entry yet,,mayb in a few hours,,been waiting last 3 days for entry

1217
KO coca cola is another one that can make new yearly highs, as it did last week and week before

1236
the aapl daily chart is much diff than spx daily, not even similar,,,the higher high over 405 was expected in aapl last week as it began breaking its daily coil,,,aapl has been green on many days that spx and even qqq was red,, aapl hit 411.50, over prior 404 high daily

1138
a higher low on daily is likely, then a bounce,,,reaction after bounce should tell us future direction for swings,,,will it coil and start to break down the bear flag or continue higher in bear flag (on daily charts)?

1136
imo TF and IWM SPX are on a "short intraday rallies for swing",,,for next 2 hours at least, likely next 6 hours, per 60min and daily charts

1049
still holding swing shorts in SPY  IWM  INTC, in profit zone but lower swing targets not hit yet,,,,long in CORN,,,will look to buy back aapl long later===CORN is red atm but see higher corn after a base forms on 60min and daily charts, so holding the corn long

1* 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

321
AAPL is a big part of QQQ and influences it,,,BUT notice the difference in the daily charts of AAPL and QQQ---still much diff charts==

122
a pullback makes sense in coming days for spx, but remain open to possibility that it forms a higher low on pb on daily chart

1245
since this is a short of a strong stock,,,is hedged and only one of many positions, riskier short

1243
Shorted INTC here at 22,,, i see higher intc later but the move has been parabolic up and expecting a correctino lower first. i was previously swing long INTC from 1970..

1221
intraday,,below 1207 ES bearish, over bullish,,,notice 1207 was prior supp on 3min chart,converted to resist on break lower, and held first test of resist,,,,intraday only #

1209
notice the spx bear deiverg forming on price vs macd hist,,tho still forming and not finished yet,,,on daily chart
1204
a bulish volume:price divergence is starting to form in corn futures ZC, and 60min wedge forming, some reasons for new initial entry this morn into CORN etf swing long

1202
aapl daily is a bull coil/flag vs spx bear flag

1202
compare daily AAPL to daily SPX,,,helps explain qqq rel strength,,, AAPL chart is very diff than spx or even qqq chart daily

1145
DOW has 6 long bias components and 7 short bias comp, rest neutral/bearish, not enough to short the DOW indice, so not wishing to directly short DOW, nor add to existing SPX and Russel index shorts atm,,,shorting individ components should outperform short DOW,,,now looking at top 33 nasdaq stocks tho hesitant to short qqq or ndx

1059
currently searching for a DOW 30 component to short swingt on a bounce ==CHRIS

1058
IWM and SPY shorts now moved from red to green, toward the lower swing targets----chris

1045
just entered long CORN etf swing 4635 for commodities,,also looking long gold and long cotton later,,initial CORN trgt 48.00ish

1032
aggressive could try scalps long soon on QQQ or aapl,,,no entry yet but forming,,,i prob won't take the scalp since i dont feel like tick watching it.,,, prefer qqq or aapl to spy

1028
INTC hit 2192 and am considering the 2200 target swing from last weeks post as being achieved==higher intc poss later after pb

1022
taking profits on BA here, out for now 6545===CHRIS

1020
out of appl for now at 399.43 from 373,,,aapl can pb to 380ish and still be bullish,,,will look to reenter later (not neces today_)==

1018
stop aapl 399.47,,,will prob get stopped out--chris

1016
KO 7250 trgt over the 7170 prio yearly high made few days ago

1012
i will also take profits in BA swing long today, same idea as aapl/spx,,,, and 75% of KO,,,KO coca cola may make yet another new yearly high today

1012
trying to hold aapl for spx 1225ish if able before taking final profits unless it breaks intraday support, which should put aapl over 399===chris

1011
preparing to exit aapl on its next move up this morn (or down if support breaks) to take profits from 373 to 399ish, will look to reenter aapl later,,watching if aapl puts in a higher intraday daily hi today or not

1000
imo swing shorts on spx and russel here are valid (SPY IWM short or for more leverage SPXU TZA longs

955
aapl has hit its 399 daily target from 923 am and from last night. ...will watch reactions here for a pullback or a move towards its next swing target. Still see over 405 AAPL for new yearly highs, but pullbacks also expected along the way.

923
AAPL continues its march highere here, at 395.90 pre-market. Daily target 399 today. Even when ES futures were down pre-market earlier, aapl was still trading above yesterdays 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".

Thursday thoughts

359
taking profits on remaing piece of INTC here for 9% profit,,,will look to buy again on pb but INTC move on daily is parabolic, so getting out for now---CHRIS

356
taking KO profits on half here at 7095 and will try to buy back again later---big move up may stall tomorrow or coming days for pullback===CHRIS

342
My aapl daily target was 394, almost made it at 393.66 high of day==CHRIS

327
KO on its way to making its 5 new yearly high,,,all 5 having come since Aug 30,,,hodling for targets over 72==

323
a little early on short swing is ok,,,i've been riding this up long up until today---chris

318
i wont short qqq,,, aapl is too strong daily chart

317
filled on the IWM russel short, so short 1/4 spx and 1/4 ruyssel now---chris

314
the BA AAPL and KO charts are all much diff than spx, more bullish, so still exposed to long side via longs in KO  BA  AAPL----CHRIS

310
71.23 BELOW the market i will short IWM

307
i will add a second short before the close today in adedition to SPY short, i will short russel via IWM short, no entry yet but watching for entry, for a 50% combined short position, may short 2 more entrie later, for SWING---- those desiring more leverage could use the 3x etf TZA but i prefer the IWM and SPY if leverage not needed.

225
1194.25 and 1191 and 1186 targets ES

224
theres the trade idea scalp short---chris

221
BELOW the market ES shorts could work, on a break of 1197.75 support---chris

211
WOW 3min breakouts higher in BA and KO rite here===chris

208/
KO long is better than spx long or even aapl long, for scalps, imo---chris

205
i'm holding the initial swing spx short, and will add if it rallies high enough,,,still holding the longs on BA AAPL  KO,,,---CHRIS

155
KO coca cola hgas broken over yesterdays high, and new high of day made here,, still see new yearly highs in KO over 72,,last 7070

151
80% confid on sell, not at 85% yet,,,CHRIS

148
aapl still looks tired (intraday only,,,still valid swing long tho may get lower entry to add more)--chris

146
1193 still holding for now,,,,---

138
ES 15min BEAR harami candles intraday,,,needs a confirming close under the 15min low---CHRIS

129
aapl bearish diverg on spx may be manifesting itself on sell pressure on spx,,,unconfirmed thus far tho

128
watching for 3min close under 1193 ES---chris

120
78% sell program alert still valid==chris

1254
i'm not sure, but i "think" it will move to 85% confid if we get a 3min ES close under 11193,,,will see what my algo program says if gets there---CHRIS

1250
makes sense to take profit on half of aapl longs here and keep half for swing positions,,,i already posted profits taken yesterday since my stop was hit

1246
73% sell program aler on the es spx here  1202 spx,,,,alert only no program has kicked in yet,,,intraday signal only for scalps not long term==chris

1246
theres a bearish divergence, between aapl and spx,,,,careful long on daytrades here, spx can suddenly drop==CHRIS

1236
my target on spx short is only 1180ish, not exact trgt yet,,,but likely be a buyer on first test of spx down there,,,buyer long in individ stocks NOT on the spy spx===CHRIS

1230
one reason for early entry is that, intraday atm, AAPL is looking tired, tho it has not met its upper targets yet,,,may pb first,,,if aapl falls than spx should fall faster

1229
early initial entry on the short,,,the 15min chart still suggests sideways with slight up bias for next 4-8 candles,,but trying this short here, short #1 to add more later==CHRIS

1224
finally swing shorted here,,,will add more if it moves higher, SPX via SPY at spx 1200. SPX may want 1207 even 1224 first, if so will add higher,,,,still holding the swing longs in individ stocks==CHRIS
1210
being patient,,,a swing short opp may present today but not yet imo,, also if i swing short, i will still keep the longs on aapl ko ba maybe intc and others,,,, the time i'll hold the short will likely be less than the time i'll hold the longs, thus a "short" short and a "long" long ==CHRIS

1146
393.15 last as it tests todays hiugh,,,,watching to see if intraday resist holds down or breaks higher

1145
still have 394 aapl trgt, stretch trgt 396 if the 94 breaks higher, with eventual targets 394, 399, 405 and then a new yearly high over 405

935
An opp to swing short the SPX may present today, no entry yet. I will continue to hold the longs on KO and BA and look to reenter INTC and AAPL longs later as well. The short SPY hold time is likely less than the longs in the individual stocks. One could also short SPY using 2x or 3x etfs like sds or spxu.

* 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".

Wede thoughts

353
the short ES at aapl 392 wouldve worked,,,from 1194 to 1186 es but was too late in day to take,,,missed that one---chris

348
aapl target from this morn was 392, it hit high of day 392.21,,,, ES trgt was 1196, high of day was 1196.25

348
took profits on half of aapl,,,decent run up from 373 to 390/392===chris

341
1190.50 es pivot raised into the close---chris

338
KO coca cola is on a hold swing long for at least 4 more hours, into tomorrow, for first trgt,,,with other higher trgt to follow in coming days weeks---huge KO candle daily,

336
sellers may be waiting at spx 1209--1214---chris

333
es just hit 1196 trgt,,,watching reaction

332
this is squeeze i was mentioning yesterday,,,,market maker reports suggested they were covering yest==CHRIS

328\but aapl may not pullback,,it has a habit of not looking back when it breaks daily weekly resistances

328
aapl swing may fall all the way back down to 378 where i will buy back if it does,,,will take profit on half of it today,,hopefully the exit is not too early like the INTC exit was early,,,will keep half aapl and 100% of KO  BA---chris

325
KO flying now since that 15min trigger buy,,,will hold overnite,,,new yearly highs---chris

320
ES is now at the "short es at aapl 392" setup from 11am trigger now, but risky taking that here,,,i'm staying out of the short scalp

319
1196 es target next,,,still watc hing for sudden selloff tho charts do not suggest it,,,anything can happen in this volatility

314
i will hold the KO and BA longer, since their resistance are higher--chris

311
taking off 25% of aapl 391.73 swiong here at qqq resist,,,tho i still see the higher trgts

311
q2qq now testing daily high from aug 31,....,may stalll,,impt test here

309
QQQ overshot its daily trgt by about 10 cents ;)

309
that buy alert 85% just hit its trgt 1190 es from 1183

304
aapl just hit 391.80,,,considering the 392 daily trgt set at 10am being hit since its so close,,now watching reaction because over 392 gives 394 fast

303
aapl either holds here and makes new daily highs or i'm taking the profit on half from 373,,,391.42 last

302
aapl 390.40 v tight aapl stop now on half to protect profits==chris

259
over 1184 es, the buy alert will reamin at 85% confid or higher

256
qqq now about 10 cents from 11am daily trgt,,,may overshoot it

255
ES 118 buy alert just triggered, 78% confid,,needs 85% to really move,,intraday only

252
es break under 1181 risks 1177 test==chris
over 1181 bullish into the close, IMO

243
conserv swings would take profit on half of aapl swing here at 391 stall,,,others would use the 388.70 stop instead

238
still have qqq 5568 daily trgt as long as 3min support holds, hit 5554 so far

237\
under es 1181 may cause a selling spree, intraday only not swing

236
SPY short scalps may be setting up now, not formed yet imo, but may get one==chris

226
aapl emergency stop set at 388.7 in case of fat finger plunge==chris

221
volume since 1015am has been light, so watching carefully here ....i will sell half of aapl if it appears weakness is coming, hoping to buy it back lower, and will keep the second half (swing) for higher. no sale yet....hope to ride to the close but may need an early exit.

213
INTC just hit the 21.20 trgt from yest,,,i exite too early on the .73 stop order *shrug*, still see long opps on INTC but will wait for pb, not today

208
intraday,,,(non swing) SPY 15min intraday chart has used up all its "sideways up bias" candles, and has moved up since the 1150AM candle counting started, so now need to watch carefuly, and use support as guide. SPY still bullish while over 15min support instead of candle counting.

206
watch over 392 aapl, could go quick to 394 if 392 breaks (same as b4)==CHRIS

204
KO got its confirming close on the 15min for the long swing and is continuing higher.

1246
sideways then up 15min chart pattern from 1200pm still valid,,still more remaining candles, no short setup yet

1241
danger to short the qqq here at 5520 imo,,,,5568 qqq trgt

1239
possible breakout in KO higher,,,not confirmed yet but 3min and 15min suggest possible ---CHRIS

1230
KO is close to giving the confirming close for new long entries swing on 15min, but it is not there yet,,,may drop first,,, XLF may be setting up for a  short, or long faz



1204
because if the 392 aapl breaks it could quickly see 394

1203
the first intraday test of aapl 392ish will likely stall and may present an opp to SHORT scalp SPY or QQQQ but i am not taking the short, idea only, for scalp not swing

1201
AAPL and XOM are USA largest two companies by market cap

1200
for swings, AAPL presents danger to qqq shorts,,,aapl daily chart is MUCH DIFF looking than SPY or QQQ,,,aapl in process now of trying to break a daily bull coil,,,if it does QQQ should benefit higher

1152
intraday,,SPX dueling 15min and 60min charts suggest sideways UP to me,,,==,,,watching next 6 bars candles on the 15min chart for now, they suggest higher atm for next 6

1143
still waiting for swing short entries in spx or in select stocks or sector etfs

1143
KO trade idea (i'm already long KO) coca cola: ABOVE the market, KO long on a 15min candle close over 69.65 for swing, with targets 71.75 and then new yearly highs over 72 to 74ish

1109
aapl just broke to new daily highs, tho spx still under its high of day==CHRIS

1040
aapl is reslient, now back testing todays high,, over 389 gives 392 trgt

1028
also watch ES 1157 ,,,same # as yest,,,just hit again and held support

1005
still waiting for opp to swing short the spx or financials, no entry setups yet imo

1003
still see higher KO, it made the new yearly high as expected on 9/8 and has pulled back,,,still see another yearly high for coca cola

1001
if aapl gets 60min candle close over 392 target, followed by daily close over it, should test the 2011 high 405 and make new yearly highs, last yearly high made July 26

951
AAPL long swing has hit interim 388 target, next trgt 392, still holding this longer. AAPL has a marginal break higher out of its daily bull coil that I've been talking about the last week.  But needs a confirmation since the break is marginal. for now tho, aapl charts remain bullish and continue as expected.

* 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".

Tues thoughts

334
ES bounced one point over that 1:30 pm pivot which held support, bounce 8 points

332
imo its prudent to also consider that tomorrow may cause a short covering spike higher, and that maybe the smart short swings have covered today already,,,just a thought,,

322
ES still over intraday #  over 1157 ES from 1:30pm post,,, IMO still bullish over that, bearish under, same pivot

321
watchin 2055 area on INTC to see if its goes that low, and if it holds as breakout support or not,, i'm already out

307
watch the daily bull triangle on AAPL, its close to breaking higher in coming hours days. A break higher may give new highs over 405 eventually (swings). aapl had held up pretty well even on vicious downside days on SPX. last aapl 385.

305
still see higher INTC but didnt want to risk losing profit

302
stopped out of INTC for 4.5% profit,,,,will buy back later (may not buy back today)... still holding the longs on AAPL   KO   BA swing

251
2 cents away from being stoped on intc,,,still in for now

237
Setting stop on INTC at 20.72 in case it moves lower. if stopped out will take profits and look to reenter. don't want to get caught in mass move lower and see profits evap. 4.5% to 6.5% profit on INTC depending on if stop hit, or if target it hit instead.

154
INTC now 18 cents from first target of 2097, still holding for the 21.23 if able, if not, will take profits on INTC if the 15min chart pulls back (will exit on bounce of pb if it moves lower below 15min support)

125
IMO intraday: over 1157 ES bullish, break under 1157 bearish (3 and 15 min candle closes not spikes)==CHRIS

111
daily aapl trgt 387.50, last 383.50==CHRIS

108
new intraday highs on INTC and KO also here

107
AAPL has broken over its daily high on the first try,,watching to see if sustains now or not==CHRIS

1255
looking to re-short the SPX again swing, but not here, at higher levels or diff charts, may be days or weeks waiting

1254
aapl, meanwhile watching reaction to see if stalls or simply pushes over it on the first try

1253
aapl close to testing its high of day, charts suggest it will make a higher daily high today, after initial stall on test, may take 1-3 hours,

1242
I've placed a limit order to sell INTC at 21.23 for today for 6.57% profit if filled. I still see higher INTC after that but will sell and look to buy it back lower. This is above the 20.97 target, I may sell at 2097--2100ish if it doesnt surge today. last intc 2054, up 1.23% from yest and one cent under its high of day

1012
AAPL continues consolod higher in its daily bull coil, needs to break it for higher swing targets to be hit, still valid long IMO swing, higher aapl would be good for QQQ   TYP  QLD== CHRIS

1010 am INTC has broken over its highest daily high since Aug 18 and is now on its way to its first swing long target :)

* 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

401
Huge green daily candle on INTC, closing above fridays high

358
 i still see higher aapl ko intc for swings,,,coca cola KO should retest its new yearly high made few days ago and make a higher high,,,charts on aapl KO much diff looking than spx

342
INTC up 2% atm, still have 21 first trgt swing, last 20.13 near Fridays high of day,,big green daily candle

AAPL still in its daily bull coil

1145
INTC now rallying nicely, almost up to Friday's high.up 2% today from friday atm,  still expecting a break over fridays high for swing pos

1036
AAPL up 0.35%, INTC up 1.2% despite SPX down 1.1% this morning. still holding the aapl intc ba ko longs swing for now

* 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

1208
if it rallies i will exit the intc, but willing to hold also,,,intc is only down 0.254% today vs spx down 2.8%

1206
i enterede here swing long INTC 19.92

932
AAPL showing amazing resilience this morn as SPX opens down 1%, aapl is up 0.1%, holding its own. May add to existing aapl position 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".

Thurs thoughts

345
385.50 aapl scalp at breakeven, nervous would exit here, tho i think higher in coming days....i'm keeping the swing aapl still,,, qqq scalp day is red atm

235
60min and daily spx suggest more upside IMO for swings,

140
SPY down 0.5% today but AAPL still up 0.5% today, KO still up 1.1% today, still holding for the higher swing targets...KO has broken to new yearly highs for 2011 today :) == CHRIS

1157
*385.50 aapl instead,here

1151
QQQ TYP buy alert,,, 77% confid

1149
poss daytrade long entries setting up on 3min charts for TNA  ES  QQQ TYP ==chris

1143
UPS power backup, plus Cisco dual WAN router with 2 internet ISPs, gives 99.999% uptime for both electricity and internet,,,if elec goes off,,battary power kicks in,,,if one ISP (like TimeWarner) fails, then the other (like AT&T) kicks in, uninteruppted without missing a single tick

1121
60min boll bands on KO and AAPL now stretched upward,,,they need to flatten out,,,or have a close over it then under it, before upside done

1117
yest i mentioned that "larger pullbacks" usually happen when the price is farther away from the 5 period moving avg on the 60min chart than it was yesterday,,, today we are starting to see AAPL  KO  and SPY pull higher away from the MA,,,but still more upside expected first,, MACD  RSI and timig analysis on 60min charts also say similar imo

1110
BA on the other hand, is being diffucult :(

1108
AAPL now right near bull coil resistance on daily chart, with more horiz resist at 392, if 392 breaks higher then should see over 405 but a stall at 394 where i have an order to take profits on half at 394 if able

1102
aapl up nicely but entering a resistance zone here,,,multiple aapl resistances ahead that it needs to clear, may form a wedge here, 388.30 last,,

1036
KO coca cola swing has broken over its prior high of 71.10 from Sept 1 as expected yesterday. Still holding KO for higher targets

1034
lim sell aapl 394.00, it hit the 387.30 trgt from yest, but as mentinoed, now waiting for next higher trgt. may sell 391 later, but for now order set to take profits 394, on half of swing, from 373.23 entry. 387.26 last

947
KO swing just hit trgt #1, test of prior weekly high,,,still see a higher high, holding for next target up.

942
yesterday order to sell half of aapl was not filled, cancelled that order and will re-eval. sell target is now the higher targets instead. was designed to exit yest and re-enter today. aapl up .97 right now


* 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

408
many stocks are close to their upward sloping 5 per moving average on the 60 min chart,,,usually they will move further away (higher) on the 60 min b4 large downside,,, exhaustion usually comes further away from the tight 5 MA

402
ES broke the 1196 resist, but too late

359
could gap down, and move lower, but i'll wait to short

358
i do not have a swing short signal at the close here,,,--CHRIS

343
candle 3min ES bull harami, poss 60min hammer, at 2 points over 1190 supp

334
*1196 on a non shoot star 3min chart

333
1190 supp and 1195 resist on ES may tell the close, on a break of either to continue that direction

326
i wouldnt be surprised to see some type of shoot star daily candle, tomorrow spx qqq etc

322
compare daily and 60min  KO  AAPL to SPX / DOW charts,,v diff

312
for me,,, SPX is "too high and not hi enough to short" today for swing,,,i'll wait and risk missing the opp-- spx is in no mans land near the tennis service line here, not at the baseline nor at the net

259
changed to sell at 386.87 half of aapl from 373.23 entry yest

249
lim sell half of aapl swing at 387 if able

243
BA up 3.6% today,,,still see the higher swing targets,tho may pullback some first - CHRIS

235
aapl just hit 384.94,,considering the 385 trgt hit,,,still see the 387ish tho aapl has lagged today

222
IMO timing analysis suggests no valid swing short until at least 4 hours passes by (for spx not es),,,so no short setup will present today swing,, and tomorrow would be buy dip if it presents, then short later,,,see another rally first and the first support test being bought

215
BA and KO have bull hammers, may surge into close toward their first targets

159
another ES buy signal intraday just triggered, but since so close to 2pm beige, less reliable

138
stop 1190.50 on half of the ES scalp idea makes sense, stop same on other half -chris

133
these charts to me,,,suggest taking partial profits today on some longs,,,holding some,,,and buying a pullback if one comes tomorrow,,,then short later

126
the 15min chart likely needs another 8 bars before sell signal presents, even then prob will not get sell short signal today

1255
be back later,,,hope u all have a great day-- still have same trgts on AAPL  385, 387, 391, 398,,,and KO  BA  ---

1241
AAPL still lagging

1241
scalp, 1188.50 stop would give a free ride higher, for small profit if stopped on es (1.50 pt profit)

1237
scalpers would use a manual trail stop on the ES--CHRIS

1232
85% ES buy alert,,,watching to see if it follows thru upside or not---CHRIS

1224
intrday, if es breaks under 1185 then 1181 trgt,but 1185 holding for now

1214
ES buy signal now at 82% confid

1213
ES over 1188.50 more impt than over daily high IMO, for another poss 6 points higher

1210
387 daily aapl trgt #1 (after stall at prior daily high of course)

1205
in 6minutes another signal should confirm or deny previous one

1203
needs 85%ish to trigger meaningful upside

1203
78% confid intraday buy alert just triggered, es 187 with 1185 support

1152
idea: aapl here, 383.75, for scalp to a higher daily hi

1152
i likely will take at least partial profits today on long swings,,,and may hold longer depending on charts -tho KO BA both say "hold at least another 6-9 trading hours, that would suggest buy the dips if presented and hold a portion of it

1148
KO now about 60 cents from making new daily highs trgt

1141
imo AAPL  KO  BA will outperform spx qqq --CHRIS

1123
scalpers on ES SPX QQQ etc could take profit at aapl 385.30 resist

1119
AAPL 3min is lagging the spx and qqq atm,,,if aapl catches up it should push spx qqq to new highs intraday,, however, aapl had an up day yesterday and was very strong against the downtrend

1115
BA corrected deeper than expected, but recovered nicely today.--- CHRIS

1114
KO cocal cola nice followthru from yest big green daily candle, still see new highs over 71.10 hi of 9/1,,,70.48 last

1021
i still see higher aapl, still holding the swing piece of it for now, having taken profits on scalp piece

943
KO swing target is new daily highs over 71 prior hi

934
spx is in a gently upward sloping huge range on daily and 60min charts. i dont know if its a bear flag, or bull consolodation, but i still see higher spx until the supports break. also daily has higher highs and higher lows, altho they are "small" compared to the range

926
spx 1193, 1200, 1208, 1227 targets,, if 1170 holds i think spx sees 1227 (swing targets)

925
AAPL up nicely this morning. still holding for higher targets swing.

* 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".

Tues thoughts

411
imo, for spx (not es) next 4-8 hours bias is sideways / up --chris

400
385,,390,,400 approx aapl swing trgts

356
KO swing is near breakeven, but huge green candle on coca cola today,,will hold longer

228
aapl scalps would take 1% profit here, and re-enter on break over 378.25ish depending on charts,,,swings would hold aapl longer

226
aapl at 377.70 near the 378 trgt, watching reaction ,,,considering 378 trgt as being hit since it was so close.

221
at resistance intraday now on ES, 1162, watching reactionss

203
aapl hit 375 trgt but real # is over 378,, needs to hurdle 378 for sustainable higher prices

156
1156 and 1149 ES supports-chris

151
ES hit the 1158 trgt from 1:23 PM,,,should go higher now

125
if AAPL gets over 375 the qqq should benefit

123
3min ES chart suggesting a try for 1158+ on ES

122
watching if ES breaks over 1158 intraday,

116
long AAPL here 373.20, swing--chris

1256 PM

SWING: For now, I'll buy AAPL limit 367 today if able. It may not decline that far. Last aapl 372.50. May buy AAPL over 373 later if it doesnt move lower to 367

* 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

301
swing long KO coca cola again, 69.75

110
i'll hold the es long for now

107
giving a lil room here on es test of stop,,,watching for exit

1259
1179.50 stop, from 1182.25 entry ES

1246
theres 1182.25 ES, now watching reaction at 1185/86 resist which must be hurdled for meaningful continued upside

1244
shorts are sucseptibale to cover b4 a long weekend historically

1238
Long BA swing here 64.22, half size position, may add more later,, still waiting to re-enter shorts on spx finan iwm etc

1237
Long BA swing here 64.22, half size position, may add more later

1234
above the market, at 1182.25 long ES, could work

1040
cancelled lim order to buy BA at 63.12, will see what charts look like later (60min charts), 64.02 last

1038
7674 exitng rest of skf swing (short finan 2x)

1005
Swing, Lim order to go long BA 63.12 if filled, 64..14 last,,, may buy later over 64 but for now waiting

* 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".

Thurs thoughts

301
for those looking for redunant internet connection, the dual wan cisco router works great. you plug in TWO internet connections from two different ISPs (like TimeWarner Cable and AT&T). Then, if one ISP fails, you never lose a tick, never drop a byte. Plug it into a battery UPS along with your computer, and is mostly fail safe, 99.9999%

236
xlf finan down 1.8% vs 0.7% spy,,financ should fall harder,swing

232
es 1211 watching still, then 1214.75

231
taking 8% profit on tza,,,will still hold the skf swing,,,will look to reenter short qqq or typ or tza again later

157
theres 1208.50
1211 target first, watching reaction there

155
above the market, long ES 1208.25, could work, scalp only not swing,

149
stopped,,will reenter short spy higher levels

148
stop 121.53 SPY, lowered from higher to cover spy shorts, then will reshort higher if stopped

145
1212.25 es is also poss stop, scalps short

143
covering half of spx shors here 1208 ES

139
watcing 1207 ES,,  a break lower there gives 1200 intraday target...12080ish stall likely first

133
If SPY gets over 122.13 I will cover the spx shorts (spxu and sds) and re-enter short again later on higher spy,,,will keep the TZA and FAZ even if SPY gets over 122.13, swings,, thats around ES 1215.50


* 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".