Friday, December 23, 2011

Friday thoughts

355
oil close to 100 but unable to get back over it,for now

352
pulled the asks to allow higher,,,unless the bid is also pulled

349
 IWM now close to where MM are buying it,, but only to hold up price to sell into it

341
MM reports show they may buy a bit here, so they can sell more into strength

339
esp on the russel and small cap stocks

339
price rising but Mkt Maker reports show they r selling into this,,,could be bearish sign for next week

334
MM still on a gentle sell

327
sell signal intraday on iwm, es here,,could get modest pullback into todays close if it hits 78%, at 72% confid now

237
CLX daily candle atm is a bear gravestone doji on clorox

236
unlike ES SPX,,,oil CL futures are still below their 12/13 high

235
also holding oil shorts swing

235
i'm holding my shorts over weekend, unless a big selloff comes today (likely not selloff huge today)

213
diodnt last long, now back in sync,,,MM games LOL

212
hmm intradfay only, irrelev to swings, but Mkt Makers bids are closer to price than their ask (bullish while they play that game)...

201
SPY vol also v low as expected in holiday, the gaps on daily with low vol could present problems for bulls later

1205
tza 2591 here

1049
that is, the russel IWM charts suggest that a breakdown "might come", the 15min and 60min charts

1048
imo russel intraday now has a slightbearish bias, but not confirmed, needs to break supports to confirm

1047
under 7374 IWM I may short russel or do tza,,still have initial tza for now (red 2.5% 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".

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