Wednesday, October 5, 2011

Wedn thoughts

353
es 1137 was 9min entry,,,long overnite---chris

347
ES stall as vxx approached support is normal,,,pb on ES buyable

346
to hold overnight ,,,in 9 minutes,,signal will trigger to add spy upro longs,,,anytime between now and then,,,waiting for 8-9 min to pass first==CHRIS

335
1138/39 es may stall here,,,watching ,,,at vxx supp---chris

311
my 3pm signal (and likely the 355pm) signal suggests that adding SPY long between now and 355 could work,,,no entry signal yet, may get whipsaw up down tomorrow, may trade red, but signal suggests a profit opp will present on longs entered sometime between now and 355 PM,,waiting for entry

256
114.93 SPY trgt

132
ES trying to breakout higher here intraday--- at resist test now,,,watching reactions

1228
on 10/4 spx made a lower low,,,while xom made a higher low,, also as mentioned before, 9/27---9/30 xom was also able to make equiv or higher highs daily, unlike lower highs on spx

1227
i still think XOM can break higher from its daily rectangle, but needs to close over 7480--7500 (swings), we will see, if unable then exiting the long makes sense, holding for now===CHRIS

1221
gld 160--162 resist---watching reaction if it gets there---likely stall and pb,,,,if pb to higher low ,,,then i might go long gld


1055
 xom charts say hold it long another 4-8 hours then look at chart again there---chris

1042
took profits on SPY UPRO longs from Friday as es hit the trgt 1124, last 1124.50, see higher but locking profits, holding the xom longs===CHRIS

929
Taking profits on most shares of SPY  SPXU longs makes sense at ES 1124 if able, last 1120, with a tight manual trailing stop on remaining shares, will keep the xom longs swing for higher targets to participate long there for a longer time.

* 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".

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