Wedn thoughts

353
out of silver,, small profit but not much

311
3min ES bull hammers, intraday value only

301
HPQ might put in a dark cloud cover candlestick today bearish, but support may hold on it here,,,it would need to pierce lower into yesterdays green candle to give a dark cloud

253
slv trgt .54 next but watching if it breaks to a .70 trgt instead,,,a stall would suggest exit at .54ish trgt,watching reactions

251
still see higher bounce intraday on es, not finished yet

228
took half of SLV off 3245,,,to reduce risk

219
added 3225

216
will add SLV 32.24 limit if filled, last 32.3

158
74% scalp buy signal just rang, es 1346

156
ES still looks like it wants to bounce higher here, last 1345,, aggressive could scalp long daytrade

115
LOL mpwr 3min chart actually moving HIGHER thru this nastiness on spx down

108
MPWR is not affected at all by this sell off in spx or aapl,

1258
broken record, i know, but check out daily IYT candle--transports--IYT now at support test,,, a break here could be disastrous, but bounce likely first

1256
DXD short dow---outperforming SDS short spx

1251
ES should bounce now, off 1347,,not trading it long

1251
this is still part of the "down" from prior pattern mentioned, the bounce may be shortablle, ES

1226
slv triggered buyback while typing, at .67,,,,could still see .50 or .40 lower but buy triggered for scalps

1225
active slv scalps that took some off at .77 could buy back soon here, near the .60--.67 area

1222
ES is now forming the pb mentioned b4 for the intraday pattern,,,still not finished, could take awhile

1203
buying the pb long on es could work too, depending on charts at the time

1202
ES pattern suggests wait for move lower on 3 min, then a rally, and then that rally may be shortable scalp,,,could take awhile to bake

1152
SLV 3277 is a trgt area to sell pieces ,,if have large position

1148
SLV,,,may be in and out fast for small amounts, and will keep another piece for higher levels,,,that is i will layer out, since i doubled shares in it

1146
SLV intraday scalp buy now at 76%. last 3272

1127
doubled SLV shares here, same price , for a move to .85--.99

1121
if it gets 3277, slv should give 3285--3300ish pop higher

1118
bte, for silver, this entry is a bit early, if it pulls back i might add more,,,bought 15min chart support but could break to next supp lower on slv...or may add more at higher price if it moves up,,, but 3min chart on SLV was suggesting a poss pop higher now, so took initial entry,,, a short entry may present later today in slv

1114
3285  3300  3318   3340 slv trgts,,,keeping trgt simple, just prior horizontal resist as trgts

1109
went long SLV 32.60, for quick trade, to later short it on reverse

* 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".