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".