Thursday, February 2, 2012

Thurs thoughts

409
IDEA: consider HPQ short instead of or in addition to SPY shorts: notice HPQ is not much higher now than nov 16,, vs SPY much higher, HPQ is weaker imo and "safer" in HPQ if SPY goes up

400
APL did not hit daily trgt to sell,,,,i'm RAISING the trgt limit sell order higher to 4070 for now

400
TLT closed 119.12,,, 2 cents from the est 119.14 estimate

355
above mkt, buy stop 1463, i'll add more smn,,,prob wont hit it today

350
EUO--if it closes tomorrow over 1975, should get over 20 in following days for a run to 2080

349
119.14 TLT close, or higher, would be good for TLT
likely close near there


346
VXX has a poss morn star bullish forming, 3 day pattern with today day 2, a gap up even if small tomorrow on vxx, would give the day 3 candle,,not trading it,,,just fwiw

343
changed time to buy SMN from 3:57, until now, still same price 1445 last

340
i dont think HPQ will make it over 2865 b4 close, .58 last

337
unusual to be long commodoties oil and cotton, and also "near long" us dollar since short euro, but commod relation to dollar,, ESP in OIL, is not always 1:1

333
HPQ has 2 day bear harami candle pattern, and also a 9 day and 2 day poss bear double tops

320
SMN here could work, or at 3:57 PM, or both, for swings

318
412---420 initial AAPL lower trgt,,,see even lower later

313
buy signal into the close for oil uco

306
also on TLT, notice that the 60min 41,3,3 stoch went under 20, but the rsi 14 on 60min stayed near 50,,,often bullish,,,aka "buy the dip" setup,, but recently TLT has had some vicious moves, both up and down,

303
TLT could go lower, but i think it has spent enough time on the 60min chart without going lower, the sideways is bullish for TLT   TMF,,imo

257
APL hit the .94 "move higher" trgt but has stalled,,,still see higher APL in coming hours days

256
UCO scalpers may get 1-1.5% profits before close today

250
SELL signal on the euro, at 74% confid now,intraday,,for higher EUO into the close

239
3907 first small trgt on UCO, about 1%ish profit,,,swing trgts higher of course

238
UCO in, 3860,,, starter position only, oil long

234
uso or uco are oil long etfs

233
or one could go long here on oil at 9640ish with a stop at 94.70, but must be willing to get stopped out and possibly re-enter long again, and the re-entry might be at a higher pricde

231
CL short term oil---imo looks like one more move down, then maybe go long on it,, next move down may not be a lower low, on 60 min chart

2263
in restaurants, i still like PNRA long, but no entry yet,,daily PNRA looks good, the 60min has a bull coil forming but wanting to enter PNRA either lower, or higher, from here,

158
APL hit its .94 pivot: watching if it can accel back toward its highs now

149
APL 2 cents from another possible intraday breakoug higher,,,needs .94

143
AVL  APL  AAPL  AAP ...oh my what an opp for typos on order entries LOL,,such similar symbols

142
above the mkt at 3794 APL could work into the close,

140
15min TLT chart appears to be bull consolod intraday on TLT

138
APL earnings on Feb 20,,,looking for a run up on the stock before that

137
watch TLT during the 2pm--3pm hour,,,often it will lead the spx and give clues

129
basic materials bull IYM is down lower since price a year ago,,,vs spy near the same price as year ago, hence SMN idea

122
IDEA: also i've been watching SMN which is bear basic material, and thats ready for an aggressive 1/4 size here at 1446ish, and perhaps another 1/4 entry at the close today

117
i plan to reshort chrw, but waiting a bit,,,days maybe, think it will break under 61

100
ES hit 1319 agress scalp trgt from 11am from 1324.50, and almost made 1317 trgt (hit 1317.50)..5-6 points profit on second half of that idea


1145
1322.25 possible stop, for scalps, 1320.50 last,, es could bounce despite this neg move down

1144
agressive scalp 1324.50 from 1107AM could take 3 point profit here on half, and tighten stop on other half,,,swings would have looser stops

1142
HPQ has done it. PArabolic SAR is broken lower

1133
3848 last, so that trgt is a bit far away, stretch

1133
If APL hits 39.20 today it would be almost a 6% move from yest close, and i'll take profits on half or all of it there, from entry yest, and look to buy it back again lower


1130
overnight the ES hit my 1317 target from day b4,,,was overnight low, but didnt make it by the 4:15pm timeframe, rathher hit it later in session

1129
HPQ testing the parabolic SAR support on 60min chart, looks breakable lower

1127
if the 14,3,3 stoch on 3min es gets back over 80, AND es is under 1326,,it may make another nice short entry,,,will takje time to bake b4 getting there

1126
TLT and TMF,,,still buyable long imo,,,as alt to shorting ES SPX

1123
HPQ running ahead of ES now, moving lower faster on HPQ

1120
wow APL overshot its 3820 trgt,,,blew past to 3836,, it has poss momentum to shoot up another 1-3% now

118
sell signal confid "probably" wont move over 74% for at least another hour, even if ES loses 10 points b4 then,, the 78% confid usually comes on the failed rally after move down (similar to shorting the wave 2 up in elliot, in anticipation of larger wave 3 down, tho it doesnt use elliot)

1114
3820 trgt near on APL now, watching reactions long

1112
if TLT moves over 119.60, watch out below for ES SPY, imo, last 119, but theres lots of intraday resist on 60min tlt that it would need to break,,,,i believe TLT will break higher in coming hours days

1111
74% confidence on the sell signal ES

1109
agressive shorts could work here, 1324.50 ES

1108
71% confid now,,it can change fast that signal, fwiw, while es still at same price 1324.50

1105
67% confid sell signal on ES now ,,,last 1325,,,too early to enter,,needs 74% for early entry and 85% to move,,,watching the signal (intraday signal not swing),,but often at this area it means "tighten stops if long, or take long profits"

1100
a close of AAPL under 450 may warrant adding more shorts

1059
AAPL has a poss bear mornig star candle pattern setting up today, a 3 day pattern with today as day 3

1056
SMN is another alternative,long, but not ready yet (bear basic mat etf)a

1056
HPQ is alt short to DOW and nasdaq and spx, hpq flat today vs SPY up .34%

1054
apl approaching first trgt 3820, last 3796,,a stall or pb may happen there,,,if it blows thru it, would be v bullish for it, but expecting stall (resist is resist till broken)

1051
a LONG oil opp may present next, or poss short the rally,,,i'm on sidelines now

1050
stopped out of oil 9650, never made the 9500 trgt, out of shorts from 103 and 101

1048
today's volume in BAL is already higher than yesterdays TOTAL volume :) , nonetheless commodoties trades are not for the faint of heart, can be very volatile

1043
cotton BAL is putting in a bullish harami reversal higher pattern on daily chart and it broke over 60min resist this morn

1034
marginal break on APL over yest highs, watching to see if sustains and accel to 38.20 to consolod up there awhile

1033
expecting LINE to do what ANN did today

1030
4% initial profit target in line from here, then 10%, 20% over time

1030
idea: LINE is also shortable here, i'm not adding since i'm already in

1028
AAPL is on bothg a midterm short swing setup, and a QuickSwing short, imo

1018
finally shorted AAPL 455.55 after months long in it (out of longs since 444)

1016
BAL long here at 5840 (cotton etf),swing

1011
imo, the larger move down on SPX may not come until tomorrow (after reports) or next week

1008
it doesnt affect buy decision, but small bones, APL will pay a 55 cent dividend on Feb 3

954
i may add more APL higher, at 3851 buy stop above the mkt, later

951
on daily SPY, has anyone noticed that bearish OBV divergence. on balance volume.

945
 APL long is still buyable, now, for poss profits today or in next 2 days

943
looking for APL to wake up for its swing long, it is now back near breakeven after a 2% drop from entry

941
oil shorts via sco: waiting for oil trgt 9531 to take profits from 103 and 101 short entries, for 14--16% profit on sco,,,stops tightened in case it wants to rally

940
the move up in TLT could be powerful, swing, to 121, 122, 124, 128 trgts

938
TLT and TMF are at 60 min support test now, could go either way here,,,if lower i may buy more TLT TMF (already have some from yesterdays close)

920
News: Ann Inc Sees 4Q Below Views; Head Of Ann Taylor Segment To Depart.   I had no idea that this news on ANN INC was "coming",,but this is a good example of how the charts "price things in" even without knowing news.  "something" has been wrong with Ann's chart for the past 3 weeks, and "someone" knew about it, which prompted my short entry, tho I had to wait a bit for it to kick in.

919
ANN is trading premarket about 10% lower than yesterdays close. i took profits on some ANN shorts here, premarket.


* 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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