Monday thoughts

413
Alcoa Announces Fourth Quarter Loss on Charges Associated with Cutting High-Cost Smelting Capacity, Market Weakness,,, afterhours jumped up to around 9.60, then fell back to 9.41 last, vs 9.43 close of day 4pm


 
 
351
took off rbn profits in 5073 area

343
5147 trgt for now on rbn, last 5073

342
if RBN happens to get over 5085/5100 today it can really pop into the close, tho not expecting that,watching

341
long RBN pushing up a bit into the close, preparing to take profits on partial shares, maybe all of it

247
swing,,,oil has stalled at the 101.50ish area, still holding the shorts from above

244
looking for 52---53 RBN, last 50.25

240
 i have AA puts---if they move from earnings, i'll take profit,,,if not then will hold

239
holding the puts thru earnings report, red 30% atm but they are feb not jan puts,,,seee lower regardless of earnings reactions b4 feb expir

237
i will prob exit the RBN longs today

233
may add more vxx later, on break over resist at higher levels

230
After 5 days, VXX looks ready.  VXX Feb 18 2012 32.0 Calls here 2.65/2.69

1203
or aggressive entry here 100.50 with 100.90//102.12 stop area could work

1202
poss intraday oil scalp may present between 100.80 and 101.25 on 3min chart, still forming not ready yet,,,remaing short oil friom swing perspect

1142
here comes the shortable 3min oil rally mentioned b4,,,not ready yet tho,,,for 3min chart trades not swiongs

1111
daily TLT has bounced up off its ABC corrective move, 121.50, 124, and 127 swing trgts on daily charts

1110
oil broke, new intraday daily low :)

1108
if ES stays under 1271 for more than 15min,,imo bearish intraday reversal,,on 3min charts not daily

1106
there goes tlt,,,119.10 trgt broken higher, for 120ish next,,,the 15min chart "should be " bullish for next hour,,,bullish for swings next few days forward

1103
intraday 3min chart on oil, next bounce (if it bounces) would be shortable C of ABC type move, 3min chart not daily

1100
TLT is right at 119.11 target now, and it looks breakable up to next trgt 120

1050
TLT now just about 15 cents away from clearing its breakout trgt 1

1030
oil has rallied a little, but still under the bearish #,,,oil rally intraday compared to ES rally,,,oil much weaker

1008
HGG Feb 13 puts still valid imo, only at 4% profit now, see a new daily lows in HGG

1007
OIL has broken support marginally as expected, under 100.86,, any rally that stays under 101.50 imo woiuld be bearish, still holding the oil shorts for now

1004
TVIX over 27.03 might get me interested on the long side tvix, maybe sooner, still waiting now for last 5 days

959
still have tlt swing long and TMF,,,tlt still needs to get over same # 119.25ish,,it looks ready to break in coming hours, maybe today or tomorrow,,118.77 last

953
es swing shorts i am waiting,,,for swing shorts, i'm looking at a test of ES 1260-65 area, then a bounce to a lower high on the 60min charts, with smaller candles on 60min and break of small candle support signaling a swing short entry

942
oil now testing Fridays low,,looks breakablve lower

939
AA puts are currently at a 25% loss, but holding them , still expecting lower AA in coming days weeks, and possibly lower tomorrow as AA reports earn today

9:38 AM
SCO up almost 2% this morn, still holding the oil swing shorts.But oil needs to break the 2 existing support levels to "really move" lower

* 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".