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".