Monday thoughts

433
lloking at daily charts from april 3rd, looks like resist was tested friday and today, and that a pb away from resist has started, and looks like it needs to go lower more, on ES and TF IWM

406
i see gap down 76%, and lower overall coming hours days

354
from a swing perspect not intraday

354
[15:54:00] in general, when this "dull day" behavior exhibits itself over and over again, like we are starting to see,,,a break lower or higher usually occurs in the (support or resist) direction furthest from current price
[15:54:13] if support is farther than resist, the break usually goes lower
[15:54:23] in order to get participation and movement

248
IBM looks good rite now, shortted it

239
[14:39:32] FITB putting in a bearish daily candle, still shortable at this price swing imo
[14:39:46] may get the 2% trgt today

225
watching sco for entry, as vehicle to swing short oil, no entry yet,,oil still moving higher

1234
tookk 4% gain on aapl short, quick swing, ,,,,multimonth hold aapl short still red, will look to reshort again later aapl,,,see lower but taking it off here since i'm a bit busy today

1229
out of slv, small port scalp, will look later again

1224
slv will sell 3017, adjusted order, and actively trade it, perhaps buying back later if sell order triggers
i have other related positions in swing, so actively trading the slv for now


1113
i have order to sell SLV 30.47 if it gets there

1054
60min chart on aapl quick swing short suggests holding another 1--4 hours, so may take profits on that if it moves lower, will re-eval later.  AAPL long term short i'm holding regardless,,, aapl long term hold (wekks months) is red atm,, aapl quick swing at 3% gain

1030
aapl is down 2% today

1022
previously mentioned stop on AU was hit, out for now, tho still have the related GDX

1014
FITB looks vulnerable here, shortable imo, profit targets are 2%, 4.5%, 7% and 9% lower from here, 2% poss today

945
[09:44:52] still holding swing shorts in de ftib intc pcln spxu, longs in au gdx dba slv spxu[09:45:09] all short swings still shortable at curr prices imo, swing

938
went long SLV 29.90


Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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".