Wednesday, January 11, 2012

Wedn thoughts

401
a HUGE volume candle on ROC on the last 6 minutes b4 the close as it surged up,,,,highest vol all day and most of the days volume

401
REDF 4.2% in 1 day,,,  MPEL 2% in 1 day,,, EXC 70% (puts options) in 3 days,,,still holding TLT TMF ROC SCO puts in DB STD AA ,,,and vxx calls

358
out of MPEL `036 and 1037,,,over 2% profit from entry this morning

355
i will hold ROC longs overnite,,,resist higher on that

355
preparing to take profits on MPEL b4 the close here,,,may not be able to type my exit

336
theres 1035 trgt,,,watching to see if it gives the next expected 2 targets, mpel

322
if mpel hits 1035, should see the 1039 test higher

318
TLT taking off after 3pm is a bit unusual, bullish as its reacting to futures

315
if MPEL hits 1086 i'll sell it, may sell a piece earlier at lower price to lock some more profit

311
not sure if it plays out, but 60min oil CLfutures have bear HeadShoulders at the top here

306
1039 MPEL prior daily hi resist,,,,watching if it tests it and breaks it higher, tho normal is a stall on first test, 1029 last

300
MPEL may be on the move, up 1.4% from entry this morn

258
VXX daily chart---see the 3 day candle pattern: morning star, with today day 3, and confirm needed after today---bullish for VXX

253
DB deutche bank 60min looking toppy and should pb,,,still holding the option puts swing, not much movement on them yet,,,same for STD puts

247
look at that volume bar on 3min oil chart and 15min chart ...large bar CL futures

241
imo,,, "early long entries" on VXX are here, or on the next 60min chart pb, tho i already entered yest / day b4

229
OIL continues its whipsaw rangebound dance, now its down again near lows

208
glad i took profits on REDF at 8.75,,last 8.33,,not buying it back yet

207
but SINA is a bit early,,,could decide to break daily rectangl higher, so watching for now

205
SINA short could work (idea, i have no position), 57.00

119
8.88 trgt redf next,,,may get hit today, if so then i exited too early

118
took profit on REDF that i bought this morn, it surged to a 4.2% profit, and didnt want to let it go away,,,may buy it back later,, i didnt intend to sell REDF so quickly,,planned to hold as swing, but profit opp presented,,,looking to buy it back ,,,maybe even today

106
REDF now at the 8.73 trgt,,,it has ability to break higher on first try, watching reaction now

100
EXC may want to bounce to 41.25...so out for now at the low of day (unless it makes another low)

1259
took profits on EXC puts, 75% in 2 days,,,may buy puts back later,,,holding all other positions still

1248
if exc does not break 4055 soon, i will likely take profits on puts 75%ish and look to re-enter, possibly reenter even later today

1240
VXX "should" catch up to TLT,,,tlt usually leads

1239
clearly 40.00 EXC is an approx trgt,,,,too lazy to calc exact trgt, wont matter with options anyway

1238
EXC now testing low of day,,i want 4000,,last 4061,,,

1237
TLT has a 15min breakout higher, if its real then it should see 121.50 trgt next,if the breakout holds,, 119.86 last

1221
REDF trgt hit, now at 3% up since entry this morn,,still holding as a see a break over prior high coming

1220
MPEL is starting to breakout now, can move nicely higher, new intraday high, and broke highest hi last 5 days

1215
i'm using TLT and TMF etf, not options but actually the TLT options calls havent done so badly, when i bought TLT and TMF, TLT Mar 119 calls were 3.35,, last 3.50/3.60

1208
yest vxx broke the  3060 and hit 3100 as expected, still see much higher vxx

1207
\TLT ande TMF still looking like a breakout higher coming, remaining long those swings,, bull consod on 60min charts

1140
SPPI is on the move now at 1586 from 1582 and will likely break over 1600,,no position in sppi, just watching the "wanted to buy but no money" trade

1128
REDF up 2% since entry this morn, still see its higher trgts

1120
still have DB puts, those havent moved much, and STD puts from yest

1119
the problematic AA feb puts remain a thorn, loss 50%ish atm, still see a better exit on the AA puts tho,later

1118
EXC puts now at 70% profit, in 2 days

1117
EXC they are still not letting up for air, almost all of the last 15min candles have had a lower low,, when EXC does manage a bounce on 15min chart, the first bounce will likely be sold, and then a retest of the low, or lower low, where I will prob take profit

1114
OIL "should be" bearish bias / sideways next 2-4 hours,,,if it manages to break higher over resist b4 then, would be bullish for oil, still bear bias atm

1109
EXC approaching trgt #2 as it makes a new intraday low here, will likely take profits on 50-100% of position at trgt 2 below, 40.00ish

1104
WARNING: position size on the small caps ,,,i always have smaller size position than large caps,,,small caps fun, v profitable, but more risky

1046
ROC went long 43.10

1037
oil has managed to break under 101,,,now watching 100 area

1032
TLT is now testing resistance,,,pressing against it,,,likely break higher

1026
EXC may be heading to 40 next

1025
EXC has broken the 4088 support and hit 40.66,,,still holding the puts longer :)

1023
went LONG in MPEL 10.15, swing

1011
went LONG in REDF 8.35---8.40 for swing

942
newly entered STD short from yest is also lower 1% today,,options PUTS should follow

938
TLT is up this morn, still ahve the TLT TMF longs

937
OIL i'm watching 101 vs 100,,,,if 100 does not break lower, oil might get bullish, still bearish on it for now,but watching

935
EXC just hit its first trgt posted yest at 40.88 /40.92,,but i'm waiting to see if this breaks lowr before taking profits. PUTS up 44% 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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