Friday thoughts

333
early entries could work here swing ERY,,but i'll wait,,,

333
energy bear etf  ERY still watching for entry, but will wait for now,,,.  that 60min i fear needs sideways or lower,,,i will wait,,not much time basing on 60min,,,often it needs more candles

318
v agressive trade: long VHC into close , for either scalp or swing, could work
> daily boll bands 21 and 27 on vhc,,,huge range, 28%ish

300
 this could be a headfake here that i've been talking about last 2 hours,,this move down,,needs to see 1400 reaction imo,, not saying it wont break lower, but i prefer to wait for reaction

250
silver 3min looks better long than es, imo

247
at current velocity, ES is bullish next 4 candles on 3min es, if the pattern and time analysis holds

246
theres 1406 es test, still see higher

233
1406 es test likely higher, maybe a 3min shoot star to 1411

232
slv scalps long could work here, into the close, or hold as swing, at 31.40 last

227
74% buy signal on utiw, suggests it may break the resist higher,,needs 78--8% to move

226
atm, intraday, failure to test that 1400 is bullish ,,,,

219
next 15 min on CORN may be impt,, could stay narrow range of explode either way

216
[14:15:25] careful on the first test of 1400,,,unless it blows thru it
[14:15:35] headfake poss
[14:16:01] when the 15min is tired but the 60min is not,,,often a headfake lower and then reverse higher again

213
SLV scalp long still valid, hanging out here, could go either way atm,,trying for the higher trgt,,,swing on a stay long silver imo

212
if UTIW could just get back over 1730/1740,,,should go for its next trgt

205
still think if ES drops to 1400, it could be intraday trap, to be followed by higher,,,reaction on such drop impt to observe imo as it could go either way

106
if es drops to 1400 it will look big on a 3min chart,,,but the reaction there would be impt,,,should hold on first test there

1235
SLV trying to break out of the 15min bull flag

1227
CORN 15min coil trgt measures v close to horiz resist at 40.40/40.50 area, last 39.11...depending on how u measure the coil could have higher trgts

1220
obviously slv 31.65 is resist and lower trgt, may not get over that

1220
will take slv off at 31.97 if it gets there,  scalp piece, from 31.33 entry,,,will keep the silver swings via AGQ from lower

1215
 CORN 15min chart, daily candles, have a bull coil sym tri,,,up about 4% today tho it was higher earlier this morn

1211
15min slv does suggest it might try lower first, but 3min looks higher, slv

1203
starting to add some options, usually i prefer the underlying stock, but with vix low, premiums cheaper on options, and if the VIX rises (i think it will) then the option prices accellerate fast

1200
trying SJM May12 80 Puts 1.30/1.40 here

1156
SJM shmuckers is another short idea, i'm looking to re-enter that one too,,, in the reshort area now, could short here 8120 or wait for 8150--8200,, SJM swing could fall back down to 77.00, even 72.00

1150
looking to reenter ERY again, no entry yet, watiing here, ery is 3x energy sect bear etf...i took profits on ERY at 10.09, last 983

1130
pb on es to 1400 and hold there could present long scalp, tho i'm not taking it

1128
UTIW still buyable imo 17.15--17.25, last 1725

1127
2485 resist first trgt, but if that breaks then 2503, 2560, 2600, 2650, 28,30 trgts VHC

1123
15 and 60min look good on VHC long, but its volatile,

1006
silver dropped 1%, active traders could buy back if they tightened stop and took profits earlier this morn

940
SILVER on a charge this morn BUT its near resist and trgt 1 swing,,,tightening stops on half the position makes sense imo, it can drop fast too, tho i still see the higher trgts

922
silver futures are up nicely 1.65%, near yesterdays trgt 1 swing,,,higher trgts later

910
NQ futures are up the same % as ES,
i still believe for mid term / long term swings, aapl shorts will outperform NQ and fall harder

908
ES is up 6 points, but aapl is trading about $2 lower premarket

901
Raised my target for now on UTIW from 1773 to 1809 for over 7% profit if hit. Will sell at 18.09 if able, I might sell at 1773 if 1809 is not hit, but for now using 1809. The 17.73 was for yesterday only, in case it surged before the close.

* 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".

Thurs thoughts

358
poss that corn gaps up too, puts in a bull harami pattern,,,inside day

356
silver slv agq may gup up tomorrow

355
UTIX,,, 60min boll band method trgt on it would be 1780ish so that lines up with resistance areas and other non-boll band trgts

328
UTIX,, it popped higher on earnings on march 22, and has backtested lower, where i bought it
so part of reason for trade is based on earnings in addition to charts,,, (traded AFTER earn reported, not b4,,,traded the pb),,, we will see,,,these small stocks tend to retest the earnings highs or make higher ones

326
would be nice if UTIW breaks and closes over yesterdays high, its close to it now, that would be a break out of the bull flag daily chart

320
[15:20:23] silver moving higher, can't hurt corn, imo
[15:20:49] wont see reaction in corn now, since corn futures are closed

302
i think stx will get over 28 again for swing,,,but it went lower than expected today so willl re-eval later

256
mental not hard stop, .83

255
now at .86 near the prior ,89 trgt but trying for .97 instead if able

254
[14:53:41] .97 lim instead, to try for higher, stx
[14:53:50] changed order as its near the prior lim order
[14:53:58] actually is a sell mkt at .97 not lim

244
stx at the resist trgt now, trying for higher trgt

228
stx doing "ok" but really needs over .80 to get traction,,, .75--.77 resist and may exit there on stall,unsure

221
VHC swing long could work here, but its v volatile and needs a wide stop,, not too large a position to start\\

213
UTIW from yesterdays entry, i will sell at 17.73 if it gets there for  3.75%ish profit, and look to reenter

159
if corn futyures can get over 615, to 616 or higher, would be good for swing position, in next hour, last 608

158
stx hasnt moved much, i'll exit 2689 for 1%ish profit if able, still see over 28 but will exit to reduce risk, have other longs and shorts positions

1043
going long 26.64 STX here, early entry, but been watchingt several days

1040
ES just hit my lower target froim yest, may bounce here, long scalps could work but i'm not taking it

1040
over 619 gives 623 trgt, then 631, 640, 660

1039
as expected, CORN futures just tested 618, watching reaction here,

1015
poss bull dbl bott froming on slv 3086, on 15min chart, watching to see if that low holds or new low

1007
Corn futures are likely to test 618 and stall there, will watch reaction there if it does, and see if it makes sense to add more CORN etf

* 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".

wedn thoughts

358
5374 exited half of silver AGQ, small profit, keeping other half swing

349
5357 new stop agq on half positoin

346
will take half of silver off with small profit b4 the close today, to reduce risk on early entry

346
taking piece of UTIW off here from entry earlier today, 1.3% profit,,holding rest swing

342
1404 resist on ES

342
broken higher, see what it does now

340
78%

339
1782 UTIW trgt 1

335
77% es, intraday only not swing

325
es still on long scalp signal

322
5340 stop on scalp piece of agq,,,lower stop for swing piece

318
Yest VHC haed green candle, and UTIW held up well near flat, despite ES drop yest

300
76% suggests poss drop to 1394 then over 1398, or poss 1398 break higher here

259
76% es

255
[14:55:04] still at 74% buy scalp on es
[14:55:16] all about 1398 resist

245
if ES can get a 3min candle close over 1398,,,then 1404 poss test

239
if UTIW surges high enough, will take half off, from entry earlier today, even tho its a swing

231
es still on the 74% buy scalp fwiw

221
i added more agq, to give more silver shares for scalp
i think it may move higher into close ,,,if so i'll take some silver off
and keep some

220
added AGQ silver, part 2

159
74% es buy scalp signal, aggress could scalp here, i'm on sidelines, 1395 es

140
ES now on a 72% scalp BUY, 1395, tho i'm not scalping es or spy, using individ stocks instead

108
looking for vhc to retest 2664, then 2700, 2775,,2900

104
long VHC , swing, another one from focus list

1248
long silver via 2x AGQ, 2x bull silver etf,, buying back the silver i sold higher the other day

1225
reducing shares on ERY to 25% positino now, dont want to give up 8%+ profit on it, if i set a tite stop it will likely be hit lower, so exited here for now

1217
in addition to other chart factors, UTIW went up on earnings on mar 22, and now has backtested, bought the backtest a bit early before it reversed higher, looking to retest prior 1792 area and later get over 18 to 19.00ish trgt, more precise trgts later

1216
long UTIW starter position 1687 swing

1203
es hit exactly the 1393 trgt from 10am

1159
possible long ideas, they may or may not be ready to enter between now and 350pm today. many of these have volume support from few days ago and may do well for bounces.  STX  VHC  ABMD  CROX  BIIB  IMGN  VLTR  SPSC  STX  WINI  UTIW  WWW  CMVT 

1159
at 350pm today,,,may be able to enter some LONGS, individ stocks not spy

1157
nice big red daily candle on TEVA

1156
i would NOT take that ES long scalp 1393 idea here, moving too fast es down

1152.
ery lol hit trgt while typing, 1013 nnear 1014 close enough

1151
ERY managed to berak the 1004, next two trgts higher likely met

1148
ERY hit 1004 trgt and backed down,,,its now re-testing the 1004 area, expecting break higher

1146
1393 es trgt still,,,aggress could go long limit buy 1393, i'm  not taking it tho

1139
still too early scalp long es imo, tho its now at support, looks breakable lower, falling wedge 3min still a possibiloity

1118
timing analysis for scalps suggests it may take another 9 to 20 candles on 3min chart for a long entry to form,  ES

1110
same targets es 1393, 1385 es trgts

1102
under es 1404 no longs imo,,,would maybe see long on break over 1404, and then buy the pullback not the break higher

1101
no scalp long setup on ES, imo

1100
inability to bounce the ES at this time of day, 11am--1pm, would be bearish imo,,,they should be able to bounce it

1059
4325 is a stop if long teva, other stop would be 4260,,,,but i think they may try to run the higher stop, hence the order to take profits if it gets down there 4326

1057
have order to take off second half of teva scalp at 4326 from 4420 if able, will hold the teva swing and possibly reshort it later scalp,, may only get 4352 teva trgt today but trying for 4326 if able

1055
corn is lower, being a bit volatile here, still see a bottom forming on it tho, last futures at 628.25

1054
ERY testing its high from 4 days, vs SDS still far below its high

1051
among other things ,,,there is NO volume diverg on ES,,,see the lower trgts still

1041
took half off on TEVA scalp side, keeping swing teva

1039
short teva is at a scalp trgt now 4273 vs 4320

1038
but if 1004 ERY breaks higher, then 1014, 1073, 1084 next interim trgts

1037
taking 25% of ERY off here, changed my mind, 998 near 1000 resist, for 7% profoit

1035
1393, 1385 es trgts

1034
79% es

1033
but i plan to hold the ERY thru any pb,,no plan to sell at 997 trgt, yet, up 6.42% atm

1031
ery trgt 997 interim, may stall there, last 989

1030
77% teva sell

1028
es 76%

1023
Maybe ABT will crack today,the 15min is testing support now, tech its still holding but looks vulnerable on 15min,, ABT shorts swing red 3%ish atm

1018
teva at 76% sell

1017
72% sell signal intraday on ES, 1405 last

1011
give the strong downtrend in CORN, the first bounce likely will stall and pullback to give a second long opp lowr

1011
CORN i have an order to sell half of position at 41.19 if it gets there, and try to buy back lower

1004
for the moment, TEVA 3min chart is ignoring the SPX 3min bounce here, teva moving lower sideways on 3min

959
ERY trgt 1370 with stalls along the way of course, last 9.69 up 5.2%

957
 i still see STX making it over 28 but have not entered long yet, tho its up 1% this morn vs flat spy,,,i may buy it on next pullback on 15min chart,,been watching STX for 3 days now waiting


951
still have teva short trgt 1 lower at 43.52, lower swing trgts under it, last 4393

948
 the gap analysis method i use does not always get the "gap" at exactly 930am....often comes between 7AM--1030AM,,tho SPY did get a small gap lower today,,,per yesterdays gap analysis at 4pm

* 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".

Tues thoughts

420
Gap analysis suggests possible gap down tomorrow

348
1408 broke, lets see if selling sustains into close

345
EARLY entry i will try CORN etf 39.01 if able, else may buy b4 close, last 3933,, similar to early silver entry few days ago

340
maybe tomorrow or next day i will get in STX long,,,been on my focus list a few days now, think it will get over 28 later, seagate,, needs another 4-8 hours of chugging first

338
ES near  the 1408 test,,watching if hold or break

336
possible bear shoot star daily candle on ANN, if it closes here or lower,,under 2924 ANN may bring harsher selling, 2942 last

330
under 609 aapl may bring more selling there, after new hi

326
no volume diverg on last 3min es move down/test,,,,so lower or retest likely even if bounces

324
next mini teva short trgt 4400 again, 43.52,,,swing trgts lower

130
teva at scalp trgt 1 now, lower trgts also for swings scalps

1244
teva 74% intraday sell signal

1214
TEVA short 4421, back at resist

1035
poss long swing setting up in STX seagate, not ready yet tho

959
possible bear Head SHoulders may form on ES  SPX from feb forward,

947
compare DUG etf to SPY etf--notice DUG sector did NOT MAKE new highs daily
 tradeable using ERY 3x or DIG 2x

* 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".

Monday thoughts

340
if aapl breaks 604.40 support, it can sell harder in the last 20 min, last 605.6

330
added more teva 3393 short

321
once again aapl 3min chart is weaker than ES,,,but aapl holding 3min supp for now,,,looks breakable lower on aapl tho

319
took 3%ish profits on BAL cotton , will look to reenter again later

315
watching aapl 3min to see if it starts selling.  last 2 days it sold on 3min charts in last hour of day.

226
small profit exited stx .96,,,,will look to reenter long later on it
still holding 2nd teva short

130
stx long 2787 area

1138
reshorted TEVA 4377

1102
long ERY 9.31 (bearish 3x etf for energy sector)

1037
took profit teva 43.59 will look for reentry later

1019
Took IMGN long profits near 2% here, still see higher so will look to reenter, but ES right at resist and spx may pb here, so locking the profits for now

946
43.33 first teva lower trgt

944
shorted teva 43.79

* 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".

Friday thoughts

343
CAT also heavily weighted in DOW, is weak 3min like aapl

340
3min aapl chart now visibly weaker than es 3min

312
76% aapl now

311
IBM , heavily weighted in DOW, is about same chart as ES, 3min

311
73% sell signal just rang, aapl,intraday only

310
3min aapl chart is a bit weaker than es, not much,,,but may foreshadow lower es into the close

248
SJM is both scalp and swing, so will take a small profit scalp if presented

246
took profits on 75% of silver slv,,,stop was triggered

242
sjm shorted here at 80.00

210
LOL this silver is funny, came within 1 penny of my stop but did not hit it,,,likely will get stopped soon tho it bounced

205
AAPL continues to throw out warnings,,,its down 0.44% vs spy up 0.25%, qqq down 0.21%

128
3127 stop slv 75%, v tite moving up as it nears the .40 trgt

118
14.60--14.70 IMGN trgt on break of 14.01

110
SLV stop 31.19 on most 75% of shares, to protect profit,

105
 went long IMGN, non hard mental stop 13.70, swing scalp combo

1040
took profits on most of CAKE shorts near its first trgt,,,,still holding all others,,, SLV 31.40 order to take profit on some silver if it gets there

1013
SLV up nicely and at scalp trgt  swing trgt 1,,,holding more for higher targets

1007
ANN swing trgt 1 is same at 2740ish, about 3% profit if hit again,,its hit that area several times in last days

935
GM short"  for now, order to cover 24.47 and try to reshort bounce again later,,,maybe 24.60,,,,over 24.60 i'll just add to shorts if higher surge,,

933
CAKE down nicely,  short is approaching its 29.35 trgt and 28.81 target. Waiting to see if can cover 28.81 else may cover higher

* 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".

New focus List

Below are some stock ideas from tonight's scan.  I've cut the list of 300+ results down to the following, for ideas.  Some may be ready tomorrow, others may need time to develop.

ETFS (These are all bearish etfs, long in the etf is equiv to shorting the sector)

DUG

ERY

EDZ

EEV

LONG IDEAS (since I'm already short, and anticipated more pullback in SPX, these longs may do well and may be a good time to buy weakness. Some of these were up today, despite the 0.71% drop in SPY today). They are in no particular order or rank as listed below.

STX

VHC

ABMD

CROX

BIIB

IMGN

VLTR

SPSC

STX

WNI

UTIW broke resistance

WWW     almost over 5 day high resist

KCRPY 26.00

CMVT 6.50 Double bottom, approaching prior high likely test and break

* 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".

Thurs thoughts

356
60 min charts are still weak, and daily weakening, on spx

340
not trusting this 3min chart bounce,,,yet,,,watching,,,60min ES weak,,,

321
590.70 next micro trgt lower aapl

317
there it is,,,aapl now at 596 trgt for supp test intraday, watching reaction

213
CT  BAL   cotton trying for a new daily high now

210
596 aapl trgt intraday lower

203
ES down now,,,aapl warning workd

158
[13:57:36] CORN will be ready in hours days,,,60 min bounce, failure, back lower, then buy the lower pb
[13:57:41] or early entry now
[13:57:56] if i didnt have other stuff ....cotton slv,,,i'd buy some corn here
[13:58:04] i might even sell some slv and buy corn, idk

135
aapl 3min chart still throwing warning signals, similar to yest at 330--400pm

115
slv scalping 3025,,,,slv 15min chart acting normal: tried to break higher, failed first try,,it should try again, hence the scalp entry

115
3min aapl chart weaker than spx,,,could pull spx and es lower intraday

1108
2935 is CAKE trgt 1,,,then bounce, then maybe reload shorts,,have order to take profits at 29.35

1102
cotton futures CT, testing multiday high,,,looking for it to break higher, and BAL etf

1043
CAKE broke 8 day daily support, headed toward lower targets

1021
CAKE may break support and move toward lower short trgts, testing now

957
30.46 to 30.73, another huge intraday cake gap,,, lol that stock is so gappy intraday cuz of low volume

947
SLV is forming that dialy falling wedge mentioned yesterday

941
main positions open: shorts in abt ann cake aapl,,,, longs in BAL cotton  SLV,,,will look later to add longs in individ stocks

940
swing on silver but will take profits sooner if it surges higher early

939
starter position swing in silver SLV at 31.40, last 31.47,,,i may add more later at higher or lower prices, it may go lower first,

928
took profits in HD premarket at .41--.45 area, below yesterdays target of .52

* 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".

wedn thoughts

353
60min support still on aapl intact at 601

352
15min aapl support broke

345
scalp piece of HD trgt .52,,,swing trgt lower, for short

341
AAPL near 15min chart support now, watching if it holds or breaks, could affect the close for aapl and
qqq

337
 AAPL is selling a bit here

317
 i'll give silver another day i think, before long

210
added part 2 to HD short, 49.79, close to first entry

130
CAKE swing has broken 3 day support, and is testing 5 day support now, still see lower cake

118
these "early entries" require active management, in and out and in and out

117
took profits on more TMF   TLT swing here and will try to buy lower,,,its at resist and could surge higher or go lower,,,now down to 25% of shares remaining

116
1% move is similar to a 10-14 point move on spx or ES

115
holding some ANN because it can go to 2 or 3% profit by 4pm

113
ANN daytrade is at 1% profit trgt from entry this morning, taking profits on some of it makes sense, 25--50%,,,for me 25% off

105
74% sell signal just rang for HD intraday at .75

1244
60min silver has nice bull diverg on 60min macd line and rsi, and macd hist ticking higher

1243
 the daily slv may form a falling wedge (bullish tho lower prices),,,why i am waiting,,,poss lower daily lows first

1242
one more move down on 15min on slv, and i'll be ready to enter long, i think
been waiting 2 days

1133
still in remaining half TMF TLT swing, about 4% higher still is trgt for TMF

1133
TLT has 15min chart bull W, dbl bottom, still in remaining half TMF  TLT swing, about 4% higher still is trgt for TMF

1123
plan is to scalp HD if it moves intraday, else hold swing

1121
Shorted HD here, it might make a new daily high, so initial position only, may add more later

1055
i like this silver action,,,it appears choppy intraday but its acting as we expected it to,, still waiting for a SLV long opp

1012
 look at cake 3 min chart
 see that HUGE intraday gap--- CAKE does that cuz lower volume

952
ANN shorts now could work nicely, 2-4% first trgt for the day, lower for mid term swing holds

946
also ANN short again might work,,,its all the way back up to resist, scalp, but it could make a higher 5 day hi so watching that one,,,,but it could move 3.5% lower in a single day, its volatile

937
92.50 trgt on cotton futures, last 89.20,,,using etf BAL to trade it

934
Cotton CT futures are surging this morning, up 1.5% from yest, swing long signal remains

908
to start, possible scalp vehiclse long/short today are TLT  SLV ANN if they provide some range and volatility (lately they have been), other stocks on focus list may setup as well

* 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".

Tues thoughts

407
could gap down tomorrow again

406
SPY 60min chart suggests to me that downside not done yet,,,

353
[15:52:35] TLT not spectacular but gave a lil profit
[15:52:53] equiv of a 4point ES move,,,40-60 cents on tlt (not a 3x so not bad)

350
took off half tlt here .59,,,,holding other half for higher trgt if able, else exit b4 4pm

347
SOMEONE is front running TLT,,,bullish for it and tmf swing

335
110.83 tlt trgt

334
i will exit TLT scalp today, keep the remaing half tmf swing

331
1397 es support trgt

329
at 1401 es,,,70% es sell signal intraday only, needs 78% -85% to move

322
waiting until tomorrow to buy slv long, will see if charts look like it is a buy tomorrow, i want to let the 60min chart move around some more and make sure support holds

139
temp lower stop to .47 below low of day

139
added TLT #2,avg cost 110.33, same stop

1241
tmf is 3x etf but tlt better fills for scalps

1240
trying tlt scalp 110.38 stop 109.88, not sure if i get stopped out or not

1225
still think tlt tmf can give some nice upside, lotsa room up there
 TLT got banged down a bit hard today, but starting to make higher lows on 60min chart

1155
shorts in cake still looks good imo,,,testing 3 day support now, then 5-6 day support, if those break,,,

1142
*1397

1142
thus far, 1297 resist on ES is holding,,watching still for lower test, or a try back above it, bias intraday for lower atm, imo

1059
failure to hurdle it, could mean this is the dip thats not bought, watching reactions

1058
es at impt intraday resist test here 1397

1043
76% buy in coton futures,intraday, 8830

1029
AAPL is one of 10-15 positions, risk managed thru diversity

1022
added entry #2 to AAPL short, mid /long term hold, 596.40

1012
 i might buy VTNC back again, not yet,,,that one gave a nice profit before

1011
decided to go in BAL cotton 53.67,,,,looks like it wants to go higher, initial entry and may add more later

1008
[10:08:00] i also took a quick profit on bal cotton yest,,,may buy that bak too long
[10:08:20] watching the cotton futures for a bit b4 entry tho

* 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".

Monday thoughts

356
 out 4412 ati

354
gonna take scalp profits on ATI from this morn entry

309
candle 60min bear harami finished forming on es 60 min

258
then 1400 supp under that

257
1403 es trgt to test support, last 1406.50

238
poss bear harami forming on es 60min but still under construction

234
72% sell signal intraday on es now at 1407 but 1403 has support
i'm not shorting it, nor going long, in es spy iwm

225
AA didnt hit target, but better to exit with small profit than big loss

225
exited AA small profit, not moving much ,,,so will reeval later

206
1407 es--70% intraday sell signal just rang

148
 spx spy short....i would consider shorting only after a 15min drop, then a 15min chart bounce, to get the 60min chart tired, there are many opps long and short in individ stocks tho

116
 shorted AA 10.72

1151
intraday,, SLV may pull back here, fwiw, last 32.07,, if SLV hangs around up here, might take a SLV short b4 going long slv, but on sidelines for now with it

1136
took 2% profits on BAL cotton, will look to reenter later,,,may go much higher but also at risk of intraday pullback

1046
i'm not looking for a crash in spx to trigger profits on ANN CAKE ABT ATI shorts, just a pullback on spx will be fine
and for higher tmf
spx crash would be bonus, but not required

1041
BAL on the move, watching for followthru now, up 2% from yest (good for long),,, tho ABT also on the move higher (bad for short)

1013
CT cotton futures looks almost ready to take of higher, still holding BAL long for now

959
ATI i am actively trading, 43.20 trgt 1

955
 shorted ATI 44.20

948
ES at 1400 now, going for that overnight hi test i mentinoed b4

941
60min ANN is a bit oversold,,,,so should bounce after lower,,,but could drop another 1% before bounce,, for now i'm holding the ANN short swing thru any bounces unless more than 1% move lower, then will eval exit and re-entry later

935
 ES had a 1402.75 overnight high, may try to test that today

931
ANN might break support here ,,,still short swing on it

* 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".

Friday thoughts

332
TLT and TMF waking up nicely into the close,,,,still holding those swings for higher targets


252
VTNC has moved up nicely and is stalling, so i'm taking profits on this swing and will look to reenter another day. it may well explode upward, but for now the 60min chart and daily may be tired, so not taking the risk.

236
re-shorted AA here 10.60 (exited yesterday small profit when it was not moving, now entering again)

220
took scal profits on SLV .67,,,,may go to .90 but taking scalp for now

1259
took scalp profit on hpq, out for now

1225
slv long 3157 stop 3137

\1004
for now hard stops on BAL 52.40,  HPQ 23.70,, mental stops are higher and i might exit above those stops, those are emergency "crash" protective stops

1002
long BAL 52.20--52.30 area, cotton etf

930
bought HPQ long 24.22, still see lower hpq later but could bounce first

907
ZB treas futures are testing that prior day's low mentinoed as possibility in yetserday's morning post. May add more TLT  TMF today (took profit on half yest), but waiting before adding.


* 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".

Thurs thoughts

536
exited AA short for 0.3% cent profit afterhours,,,i have other shorts and see no reason to keep this one overnight, so exited at small profit vs potential loss tomorrow.

401
may see 1393 es test here

352
i'm gonna keep the AA if it doesnt move,,,may trade it afterhours,,,its volume is highe enough for that

348
76% into 415pm for ES

337
 interesting, the new high on es did not change the 74% sell, at lesat not yet, tho it needs 78-85% to move

328
if ES didnt have 74%,,,,i would exit AA here breakeven, small profit,,,but trying to give room due to sell signal on ES

323
74%

317
time analysis 3min charts suggest no long opp on scalp es longs for at least 9 min,,bias short atm72% ES sell

315
72% ES sell

307
AA is currently a bit weaker than es on the 3min chart tho,,,so aa could go lower

307
TLT TMFdaily small candle,,perhaps bleeding stopped on tlt,,,or maybe consolod for another push lower,,idk which

but will keep the half size position,,,exited other half earlier this morn for small 1.2% profit TMF,,,may buy back but not today.

302
70% ES sell short signal rang,,,needs 78-85% to really move, at es 1396

250
VTNC testing its high of day on decent intraday volume, should make abnother new high

233
 if 1034 AA breaks, should see lower

108
AA may try higher 1050--1060 first

107
10.22 trgt on AA if able, may exit sooner

1255
VTNC has broken the 850 and made a marginal new high,,,still have same upper targets.

1249
AA short at resist here 10.37 could work

1232
the VTNC,,,still have 907 trgt on it,,,8-10% profit if its hit

1139
TLT surge on 3 min chart, watching for 112 mini trgt and reaction there

1034
still think higher TLT TMF tho

1034
TMF at 1.2% profit from entry at yest near close, makes sense to take profit on half for active trading

1033
VTNC testing yest hi 8.50 now,,,looking for it to break higher toward 880

9:22 AM
initial targets are 1% higher on TLT or 3% on TMF, still see much higher TLT in coming days weeks but those are initial targets. the ZB futures for 30 year treasuries were very active overnight and made a lower low, with a bull hammer forming now. But conservative might tighten stop, and take a small profit near the open, or exit near breakeven, and look to re-enter. it is possible that TLT TMF may want to go lower today b4 higher if they want to test that overnite low. Myself, I will hold thru any whipsaw lower for now, and re-eval later, since theres more support in the 110 area on TLT. These early aggressive entries are often turbulent at first.

* 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".

Long ideas, from Monday eve not Wedn eve.

As posted, I've already entered some of these. May add more longs from the focus list below.

1. This list has volume as part of the filter scan.  Look for recent high volume in addition to price.

MCO        ready now. broke feb monthly high

EFX

REGN

AGO

TAST

PMTC

VTNC (i already bought this one, up 2% for now)

2.  This list is "developing" stocks. They may take off now, or may require some time first. Need to observe. 

PKT   19.26  ready now but stop at 18.40

ARIA

SWI

CAB   35.15 ready now. broke bull flag.

ANLY  5.85 ready now. stop 5.12--4.97

RMTI   9.74 ready now

CHTR  62.47 ready now

POOL   36.02 ready now

IPGP   over 55.10 buy

3.  Poss trend change

INTU   58.26 ready now, borke resist

OC     34.47 ready now

* 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".

Short ideas, focus list, to balance longs

SPX was up huge yesterday, and small candle today. So looking for stocks weaker than SPX to short. Already am short some over-extended stocks in uptrend, strategy below is to short the weaker ones. Also some longs in individ stocks as posted earlier.

SHORT IDEAS

RRC  maybe ready now, broke 5 day support, moderate volume, not too high

SCCO  3152, backtested up to 32 and now moving lower toward 30.

ECT 21.72 last....on break of 21.50, 

RAVN down on hi vol, but short bounce only

RCII

LG  but needs a bit lower, break 5 day support

H  Hyatt investigate. HUGE volume: whats going on? news?

ATRC looks like a nice short, but safer with options puts on this $10 stock

WASH

TEVA  43.80 but may have support at 43.00. Below 43....could fall hard.

OMCL  14.61 puts, 14.00 first trgt, 1300 second trgt

IDCC

ONXX below yest lows

MOS on break of 5 day support

* 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".

wedn thoughts

422
 VNTC had decent up volume today,,much higher than last 5 days,,,,if it pulls back i may buy more of it long,,, also vntc had high vol on feb 9 when it went on my focus list, and feb 14,,, similar to FORM high volume buy b4

404
TMF TLT may be the buy of the quarter today,,,will see

357
TLT / TMF: possible high volume bottom today, for the brave aggressive

351
weird,,,TMF should be at 55.17 now, not 5485

345
bought TMF treas 54.80, for swing

337
TLT could bounce 2% tomorrow,,, TMF 4%ish

335
could exit SDS here with a 1.6% loss,, but risk is worth it imo,,,i'll hold it longer

333
imo shorting this here for swing, es spx, could work, 1387.50 es

329
 i like ANN swing under 2780---that was a v important market maker # that held so far...if it closes under it, would be,,but such a close would suggest they sold under their earlier # of 28.00

325
 the daily candle on ann is bearish, but could continue in its rectabgle
  likely ann will at least form a bull flag (meaning lower b4 higher),,,imo

324
vntc holding up for now,,,its up 2.6% vs ES down 0.4%,,,will see how it closes tho

319
looks breakable lower on ES

317
here is the expected retest lower on es 3min chart---watching to see if support holds or breaks lowr

311
 15min stoch newly overbought on abt,,,just entered there so could go higher,,,but it has not moved much at all as the stoch rose,,usually bearish....also 15min ris bear divergences

305
ANN was at 2765ish on last mkt maker activity post,,,so far it held right at .80 and has strted lower,,,watching

258
3min ES still looks like want to pb and retest

252
not sure if its a headfake,,,but ANN marketmakers are now starting to jockey to sell ANN under 28, 2780ish,,watching what happens

244
sds 1583 trgt for now

241

ES 3min looks like it wants another move lower,,,if so,,i might take a 1-2% loss on the SDS from yest,, SDS curr 1.8% red

238
ABT 15min chart bull flag,,,may make a higher over yest hi,,,i remain swing short thru this,,,60min looks tired extended on abt

235
CAKE short now testing yest low,,,if it breaks should get nice followthru,,conserv would tighten stop v tite, or take profit at the test here

234
VTNC now testing it high of day,,,,850 up from 835 earlier

200
74% sell signal intraday on ES here,,,same targets

153
1382--1378 ES trgt area
 imo,,,long b4 then risk even for scalp
aggress shorts to scalp into that could work
but still prob safer to short individ stocks instead of spx es
130
nice that ABT is moving lower as ES higher

129
ABT might be ready to break 5870 / 5860 in coming minutes hours,,watching reactions here

115
one good thing on CAKE:::: it is NOT participating in the last hour surge in spx,, it remains near daily lows

115
vxx tvix might be buyable on next dip]

1247
imo ABT short here is still valid, and is better chart to short than spy qqq

[12:43:08] imo SLV may want 29.90,,i might go long silver later but not now
[12:43:33] i'm on sidelines in slv since it has been whipsawing around and wanted to take the zsl silver profits on short side b4 they evaporated
[12:44:19] for me to go long silver, i would need to see it break over the 60min downtrend line, and i would not buy the breakout but would wait for the pullback afterward
[12:44:49] i might re-short silver on a 15min chart or 60min chart bounce, unsure

1222
for now, vtnc limit sell at 9.07 with hard stop 7.34 in case of sudden down move, mental stops higher than 734, watching 815,,805,,785 supports lower

1212
the vtnc daily chart--is v similar to BLX daily,,but vtnc just now starting,,,BLX popped up nicely over previous daily highs,,,vtnc chart is where BLX was 4 days ago

1205
ANN should be good to hold short, or reshort any bounces if it gets them, for next 4-8 hours, per timing analysis

1154
 ABT heres what i see: pullback on 60min, then bounce, then bigger pb,,i intend to actively trade it,  but the first trip down on abt likely will be bought, after such a runup on daily

1152
still short ABT   ANN  CAKE   SPX   DowJones 

1152
for now, trying for 9.07 VTNC trgt, over the 8.80 trgt 1

1148
ABT is overextended, i remain short,,,look at all the small candles up on the 60min chart

1142
ther it goes....VTNC broke the 835....880 trgt with stops in between if sustains over 835. last 839

1138
trgt about 10% on vtnc\\

1134
vtnc testing the 835 now--watching to see if breaks and pops higher, or pulls back

1128
went long VTNC 8.25--8.30 to hedge dow shorts, for break over 835 expected, and also to replace the FORM which popped nicely yest

947
5680 is first trgt on ABT shorts from 58.77, last abt 58.80

823
took ZSL silver short profits 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".

Tues thoughts

205
 VIX just shot up from 15.00 to--16.00isyh

1258
will sell sds 1583 if able, other short opps look better in other stocks

1155
slv 3280--3290 may present re-entry short
i might add shorts back there,
 still running with half zsl


11521
15.93 SDS trgt 1 if able today

1149
70% intraday sell short on ES,,,,needs 78--85% to move

1145
VIX 3min moving higher on 3min while ES higher, could put sell pressure on ES intraday

1118
in SDS 15.74

* 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".

Monday thoughts

1201
trying to break 1360 here,,,then 1358 needs to break for bears

1146
if ES 1360 breaks, may see more selling on downside tho, more actino,,it looks breakable

1140
2787 ANN short here could work

* 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".

Friday thoughts

352
the move down on ES was a big red daily candle,,,which is more bearish than 3 small red candles in a row of the same number of points

351
the longer its sideways, the larger the correction

350
market often goes from up to sideways to down, vs from up directly to down,,,,still see sideways forming from swing perspect

336
es tested both the 1365 and 1362 trgts (close enough), watching to see if gets the 1358 test trgt lower

314
78% suggests a test of the 2 next es trgts lower

313
78% es sell signal now, will stay there unless es moves over 1367.58

309
SPX now has the rquisite number of "multi hour" conditions met, so depending on the close, gap analysis may suggest another gap down monday,,,but not enough conditions met yet to give a gap down signal,,, yesterday did not have enough of the multihour conditions met but they now exist

254
1358 likely would stall if it got there, failure to stall ther would be bearish

254
ES 1362 and 1365 mini support test trgts, then 1358

252
76% now
needs 78--85% to move

251
74% now

246
ES is on a 72% sell short intraday scalp signal here,but this nonexitant movement vol makes it less accurate

242
cnbc headline about baby boomers selling homes, and who will buy them? many of them are also selling their stocks, and who will buy those? not gen x or gen y, at least not yet, according to recent data and third party studies.  maybe other countries will

1205
zsl scalp swing 9.56

1156
exited FORM long, breakeven, will reconsider later, it didnt move the way it was expected to, still see higher FORM but i am looking at other alternatives for now

1105
SLV surged higher,,,its v volatile too,,tho all that really happend was silver futures tested their overnite hi

1036
notice the daily chart on ANN
 todays making a higher high, but on lower volume, than the gap up on march 2
 and feb 2 had a HUGE day of selling on ANN
 (thats the day i took shorts on my first ann swing short entry, posted here b4)

1013
i entered ANN daytrade a bit early on short side, mostly because ES is testing resist now, and ANN may pb with ES

1011
i think much of ANNs move up was buying before the earnings report, think it will pull back in coming hours days

1010
ANN hit trgt, got a fill short

1009
 i will add ANN short 27.38 if i gets there

10025
i might short BA,,,BA as a dow short proxy, its weaker, and has relative weight at $74

911
silver now down 1.5%ish,,,silver futures acting up again,,,did same thing as yest,,,higher overnight then sell hard b4 open 930am

* 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".

Thurs thoughts

356
but it looks risky for any new long entries at the close, imo,,,

354
certain criteria need to persist for several hours to give a good read of gap up or down, and we dont have that

354
my method of gap analysis gives nothing conclusive for tomorrow. Slightly better chance of a gap down, but too many conflicting things to make it conclusive. i have no good idea of a gap up or down.

312
we may see a sideways market for awhile, instead of str8 down,,,look for sideways in a wide range to dev

311
this looks very very suspect the last 2 day rally, trap

309
look at that ultra low volume on ES

306
exited with small profits near breakeven AEE and BLX longs, taking the lil pop higher to exit,,will revisit later after tomorrows reprots

129
long,,aee only a little over its cost,,holding for now

129
CAKE now at 1% trgt lower from entry, if scalping it

111
CAKE broke .50,,, .30 trgt next,, then .03 lower

1200
cake will prob bounce here near .50, or at .30 lower

1155
cake going down, aee up, on 3min,,at same time,,,illustrates difference in individ stocks vs SPX SPY etc

1154
cake going down, aee up, on 3min,,,perfect world for now LOL

1129
could get a shoot star / dark cloud cover combo on CAKE daily,,although that candle pattern works better when the uptrend has been longer than cake uptrend has been

1122
1356,,first ES sell short intraday signal just rang, at 71%, needs 78--85% to really move

1108
 silver 60min getting there,,,,failure to test the silver futures /SI overnight high is getting to be bearish imo....it made a high 6am--7am that has not been tested,,,,it could rally all the way up there still, but so far is failing, that could be v bearish

1058
added to CAKE short here 30.72,, could see 31 higher first but "good enough" imo here

1047
oil short via uso short, or sco long,,,is forming,,,no setup yet,,,waiting on it, but watching as poss entry, on focus list

1037
AEE first trgt 1% higher

1035
AEE 31.71 could work here
for scalp  and swing,,,aee has been bouncing off support last 3 days everytime,,unknown if that pattern continues


1010
ideas: NSC short, CAKE another poss short,,,longs aee blx and form around $5,,, NSC would be a transports component trade vs short IYT

1009
but ANN,,, multiweek i see lower ANN,,,but i'm willing to hold multi weeks if needed...u never know when these drops come but the 1 year chart bearish imo,,last ANN short gave about 15% profit,,takes time

1004
it will be interesting to see action in ANN today and following days, earnings March 9

955
poss add more SLV shorts if  /SI futures (not slv) rallies to 34.00-34.40 (34.10 trgt), last 33.62

951
for swing, imo sell short the rallies on spy iwm qqq,,, use individ stocks to go long since they can go up even when spx down, short individ stocks that are weaker than indices, short transports components

* 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".

Wedn thoughts

221
ann may get up to 2550 one more time, but there was volume selling on last 15min candle

142
silver "might be" done up, and ready to retreat again now,, 60min SLV chart needs more time to consold b4 ideal short, but it can get chopppy here now while it does it,,vs higher,,,will be watching to see what it does

137
SLV 32.11 i'll take half off, just to reduce risk,,,avg is 32.24 slv short

134
AEE may be waking up here

1251
blx i think it may have vol support,,,i like that because there are usually buyers on the pullbacks

1250
see the volume on blx on veb 23? that was one factor in my decisino to go long

1248
BLX daily has a poss bull morn star pattern, 3 day pattern with today day 3

1217
i did 1034 spxu just now

1155
SLV did not move down first then up, it simply went up first, i still like short SLV swing

1042
SLV 78% sell short alert just rang

1007
3160--3170 first lower trgt for slv

1005
entry 2 to add short SLV if it gets to 32.17


1024
slv now on 76% short sell signal intyraday


1001
I plan to reverse long on SLV later, after shorting it

956
shorted SLV 31.98, entry 1,,,will add more if it goes higher

* 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".

Tues thoughts

343
stop .37

326
stop .44

324
 stop .47 tlt

257
tight range so small targets

256
117.90 first scalp trgt

255
*117.63

233
scalping TLT 118.63 into close, with trgts from 118.00--119.00

* 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".

Monday thoughts

320
On my list for poss long swings:  mmyt, jbss, LII lennox, kar

300
until VIX breaks out a bit higher, i'm not adding swing short positions, keeping existing ones. Downside not likely until VIX moves up,,until then the dips will be bought.  I will continue to hedge with long positions in individ stocks, as posted.

223
nice bull reversal in AEE today, still see higher for swing long

134
FORM wide stop 4.40 area, but targets at 18%, 57%, and 79% higher

132
bought FORM long swing 5.21 area

1122
 if vxx does not make new highs, then ES is likely to bounce

1049
still have aee and blx longs

1046
took VXX profits at 2451,,will look to reenter vxx later, still have dow jones short and other shorts cake ann

1015
it is choppy again at the open today, it was like that some days last week too, that is often a bearish warning, something to monitor

911
Fridays gap down analysis proved accurated, ES trading 3 to 5 points lower in the 8am--9:10am premarket hours, was down lower earlier this morning

* 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".

Friday thoughts

357
but gap analysis is ONE TOOL, i dont trade based only on that

356
with the method i use, some days the gap analysis is "inconclusive / no comment",,,,today it does eval to gap down, fwiw

353
my gap analysis also suggests a gap down on monday, IF SPX closes near here or lower

343
i still have an early entry (read: agressive) swing entry setup for vxx long swing,, my stop is BELOW 23.50, below daily support, for now

340
imo--failure to test 1373, is v bearish,

338
danger will robiunson, danger

335
it it fails to test 1373 it could be a bearish warning on ES

333
ES now testing the 60min downtrend line, same one as mentinoed earlier

307
Sell signal is close to going to 78% from 74%,,,but hasn't confirmed yet

237
VXX is at 1% scalp trgt now from entry this morn, swing targets highre as posted b4

234
vxx 15min chart continues to suggest poss breakout higher in vxx, unconfirmed atm

226
if CAKE can rally up to 2988 then i'll add more there to my short swing position,,2926 last,,,,else may add more at 3:50--3:58 PM

222
1371 could break higher, watching reactions "near there"

221
ES downtrend line resist is 1371 on 60min chart

219
but i will hold the VXX

219
took some profits on NSC shorts,, i still see lower but it may bounce first ,,,so taking profits while they are here,,75% profit on half of NSC options

210
one reason for BLX long is large green candle on Feb 23 , think it will make higher hi, daily and 60min in a bull flag

152
took profits on half of REN here ,,,its moved viciously last few days, and may start to put in small daily candles, or a bounce,,, moved over 11% in 3 days

116
ES at impt supp now 1366--it was yest bounce area,,,if this breaks, another 5 points fast could come intraday, then even lower

109
if REN hits 1020/1040 it can fall off a cliff another 10-20%,,,last 1058,,,per daily chart

104
BLX and AEE longs have not moved today, but they are flat vs ES down 0.44%,,,so holding up ok for now

100
currently have an order to take profits on vxx if it hits 25.47,,,may exit partial shares earlier, may add more later (higher or lower)

1220
CAKE short,,moving lower,,,may see 2900 supp test,,,if the 2900 breaks, panic selling, but expecting stall at 2900 first

1216
VXX is now at an EARLY ENTRY swing buy imo,,,using the 60min and daily charts,,its EARLY

1208
i have 74% buy signals on VXX

1206
VXX 60min range has narrowed, but imo,,, i like it,,, if it breaks higher then it can pop nicely,,, i think the move on a break higher would be greater than a move on a break lower

1143
2547 stretch trgt daily vxx

1113
6600 and 6450ish would be next lower trgt on NSC swings, last 6790

1110
IF 6750 NSC breaks, it could move lower fast,,,BUT stall expected near the prior daily supp in that area first

nsc=transports proxy, weaker than the transport etf IYT

1108
wow that was fast, nsc hit 6786, close to trgt,,,still looking lower nsc,

1106
NSC just hit the 6820 mini trgt, now watching for 6780 and 6750 lower

1105
ES sell short scalp alert at 70%,,,needs 78-85% to move

1025
vxx possibly going to move higher ahead of es lower,,,on the 3min charts,,,

1011
if it hits 6820 nsc should give 6780 test, last 6830

1007
NSC puts still only at 50% profit, but if VIX moves higher, and NSC lower,,,the puts will quickly increase in value,,,holding the puts and shorts for now

959
this opening choppiness we see,,,its often tho not always, a topping bearish characteristic

958
btw,,,an additional risk mgmt tool that i use in addition to stops is ...diversification with approx 10 open various positions,,not all eggs in one basket

955
choppy trade this opening 30minutes, could result in a move lower today

948
in VXX 24.09

* 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".

Thurs thoughts

359
Exited TBT scalp

350
ES bounced as expected

331
added to TBT scalp 1920

321
es may bounce soon,,,this is tricky here despite recent red candles

316
HPQ swing still has likely lower, but i'm exiting it now near support nonetheless and covering shorts. if it bounces in comoing days i might reshort it again,,,its moved over 17% in recent days, and is at support, so time to exit for now

217
poss breakout in coming minutes hours on AEE--testing and pushing against resist now

202
BLX long partly based on the 60min bull flag with three lower lows and pressing now resistance for poss breakout higher, with a decent daily chart tho daily may be getting a bit tired

146
REN looks to be in trouble,,,still have swing short there

125
TBT trgt 1973

117
70% sell on ES SPY now, too early to short imo but short opp may present

113
emergency hard stop on TBT at 18.93 in case of sudden move lower, mental stops are higher

107
tbt scalp only 1933

1003
long BLX 19.70

1001
NSC short--looks ready to make new lows again today

955
went long AEE 32.16

949
i was going to buy STAA long this morn but it went to fast --now up  4%,,may buy a pullback on it

945
shorted CAKE 2960

* 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".