Thurs thoughts

SEE POST BELOW FOR CHARTS and thought on trading individual stocks in addition to etfs.

420
stop 39.66 on VZ,,if stopped out i will exit with a loss and re-enter later,,,still see higher VZ in coming days weeks

348
since Dec 5, VZ has not been below its 20 MA,,,barely below its 5 Moving Avg, on daily chart, even when DOW fell 400 points

342
not likely, but if VZ hits 4048 b4 the close i will sell half,,,


334
VZ is right at resist, closing near there or higher, tomorrow it could pop higher nicely
333
went long VZ for swing, at 40.00
303
out of TLT for now,,,will look to re-enter again later, stopped out for less than optimum profit
256
TVIX could work here, 3125ish


244
still on 74% ES sell signal into close

239
TLT hit 121.06,,,qatching for .23 next, then .89


234
sell signal just triggered on ES at 74% confid at 1254.50
230
if 121.05 TLT break gives pop trgt of 121.24,,,still waiting on the 121.89 for now tho
220
73% confidence level signal just triggerd, for long treasuries,higher..at TLT 120.85

218
they are trying for a 15min bull inv HS on OIL futures,,,i think it will fail tho,,,see lower oil per daily and 60min charts,,,but watching the poss bullish formation nonetheless
154
oil shortable here 9960, imo


150
stop at 120.69 on TLT to guarantee some profit if it falls, if stopped out i will take profits and look to reload again, as i still see higher even if stopped


143
121.88 limit sell order on TLT, last 121.02

136
removing TLT lim sell 121.17===will do manually,,now,,i might not have time to buy it back today, if it hits trgt, so doing manual
134
tho oil is barely green, unlike spx


133
OIL has rallied sharply higher here,,,still see another turn lower in oil later


129
its more applicable to swings than intraday,,,but TLT and SPY SPX are both green today,,,for swings,,,rarely does TLT lose the battle---bond traders are the smartest of all and generally win

126
1251 first trgt from 1255 es===watching if 1251 holds if tested,,break of 1249 could be trouble for ES

124
2689 TZA first trgt from 2614



123
with this candle pattern, TLT "should" have an upward bias for next 69 minutes

122
120.22 new target for active traders on TLT,,passive 122 trgt

119
120.99 TLT just hit its posted measured target..still see higher

117
TLT just hit .97, or 1 cent under prior limit order, but now raised to .14 higher


113
3min chart now have a measured 30 cent trgt on a break of .70, to 121.00,,still trying above that trgt for 121.14 for now, then 122, 124, 127

108
agressive 1255 ES short here could work,imo,,if willing to endure poss higher, to scale in

106
using daily and 60min charts,,,,ES is giving "almost" a short swing setup, but SPY is not,, needs more time b4 swing short imo,,but opp may present later

1253
also on TLT notice the upper Boll Band on 60min chart---now at 121.56 and pointing up not flat,,,and the last time TLT was at 121.56 was last tuesday, not recently,suggesting higher....the 121.56 is higher than the highest hi of the last 16 trading hours

1248
under 120.40 would still be ok for TLT swings,,,but over 120.40 (new resist now turned support, weaker intraday suppp) would be v bullish,imo

1246
TLT has broken over its 3min boll bands, on the way to test 15min upper BB at  121

1241
60min stoch on TLT is overbought over 80 but can stay there a few more hours,,,think it will revisit a higher move on the stoch, given the candle patterns bullish on the 60m

1238
121.14 TLT is new limit order to sell TLT, up from 120.97,,if it doesnt fill higher then may take the lower price,,,may move fast,,,next trgt 122

1218
TLT has hurdled the first .60 trgt,,,looking to sell half still at .97, last .62,,,should" see .97 quickly since the .60 broke

1148
i will take profits at 120.97 TLT if it gets there, then look for poss re-entry

1113
if TLT  tlt hits 120.60, should see the 121 trgt quickly thereafter, last 120.42

1110
121 and 122 are TLT trgts initially

1020
fwiw,,,oil moving lower, and TLT moving higher, could present problems for SPX bulls

1019
alt, there are 3x etfs like TMF also but has lower volume





1018
tlt may be ready to pop higher here, tlt long or tbt short could work here for either swing or scalp

951
in TLT 120.36,m,, TLT is 1x long,,,TBT is 2x short,,, so need more shares in TLT to mimic 2 or 3x

948
i will buy TLT 120.12 limit if filled, last 120.34,,may pay higher price later if no fill

945
ES at impt test here now at 1250 resist,,,trying to break higher,,,longs might want to watch carefully and tighten stops in case it is rejected here

943
oil moving lower, still holding oil shorts via SCO swing,,,tested yest low with a small break lower, watching reactions in this area 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".