Wednesday thoughts

240
shorted CHRW 66.95ish

234
shorted LINE via puts

234
shorted ANN here 2371

229
Shorted REN via puts

201
shorted hpq near 2683 here

1234pm
bought back TMF here near 70.50, TLT and TMF back in buy zone

1030
REDF has shot up again today, at 5% profit since entry yesterday, certainly nothing wrong with taking profits on half here (or all of it), tho i still see higher,,,i'll keep half

943
i am  taking off for a few hours, or on and off sporadically today, letting REDF bake a little while so may miss opp to take profit exit, then buy lower, today

940
if vxx can get over 32.53 then it may really surge higher, not there yet

939
VXX pushing up against yesterday high, higher vxx likely

915
still waiting to re-enter TLT tmf 3x, no entry yet since exit 2 days ago,,,

eventually SHORT TLT or long tbt multiweek swing may present, but thats far away atm, not near setup, for a huge correction lower in tlt and higher tbt

848
two trades on redf 6% and 7% profit each so far, this is the third entry, i'm "actively" trading the redf swing, i'm still short in AA  SAP  DB  STD, and still long VXX, all swings

847
REDF next major target is 10.23, it achieved its first swing target yesterday of 8.87 with a high of 9.25.

As posted, I took profits at 8.87 and then bought it back at 8.45 yesterday

* 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".