Thurs thoughts

358
out at .71 ABT
358
stop .76 ABT half

356
SMN swing red, ERY at breakeven, from todays entries,k ,,holding both

355
also today, will take partial ZSL scalp profit today, and keep rest swing, 1.25%ish atm

353
if not stopped out of abt,,,will close half of short position in it today to reduce risk ,

352
prelim gap analysis: SPX vulnerable to poss gap down tomorrow, full gap analysis not completed yet

346
5983 ABT stop, last .78
on half,
335
ABT abbot continues to look weak, vulnerable

333
aapl 617 trgt, likely hold first try,,,aapl needs to break that to get downside traction


332
ES is still in its resistance zone. Its easy to see on daily ES chart that ES has run up quickly, but its now stuck at the prior breakdown level
[15:31:58] from march 15--april4, support was 1379--1390ish,,,that is now resistance
[15:32:30] so IMO, under this resist zone is bearish,,,if ES can close over it, would be bullish (not likely today)



311
added ERY swing here, 10.52   10.53

214
they are selling corn now, interesting, no entries in corn, still watching it

, tho corn support still holding
206
SMN and ZSL trades are cancelling each other out, for now

136
abbot labs ABT is up 0.32% today vs SPY up 1.18%,, when SPY pulls back, will be interesting to see if ABT falls harder

130
i just bought some ZSL to short silver, it may go higher but slv looks like a pb coming, swing

126
stocks on focus list as poss shorts, watching them, some may setup nicely:  GS   PHA   VMED   MGLN   GJM in addition to ANN   SJM   ABT   and the bear etfs ERY  SPXU  SMN 

116
this looks impressive on ES, but several factors suggest to me that a pb may start sooner rather than later

110
i will wait for 15min and or 60min charts on slv to move lower before shorting, then poss short the bounce after

1212
SLV is in a tricky spot here,  ,,,it could pb in coming hours or days
  its up nicely today slv, tho i have no positino in it
  but a short setup on SLV is forming, imo


1217
bought starter position in SMN 15.36, may add more later
[12:16:52] tho i will prob just buy ERY instead of adding to smn

1214
exited a piece of VTHC here 8.18,,,6% trgt,,,still see higher but this ES is starting to look precarious now

1206
15.06 SMN i will buy if it gets there, for swing and to scalp half if it moves fast after entry

1156
Next rally on TLT i may short, viz TBT,,may take 1-3 days waiting time

1146
15.43 SMN looks good but i'm not entering yet,,,but i wrote it on the whiteboard,,,if it moves lower on SMN, and then back "up" to 1543, i wont feel like i'm "chasing" it, since its a price that looks good now

1129
cotton broke yesterdays high, watching for 9400ish trgt,,







1059
2443 hard stop on VHC, 25% of shres, and will hold last 25% with lower stop will buy back lower if stopped out at 2443

8% in oned day move is a lot, it may need a pullback, tho still see another 5-10% higher eventually on vhc

1057
2447 mental stop vhc, 2473 last, hard stop lower

1053
xpp still climbing, up 6%,, tightend stops make sense

1052
wow VHC now up almost 8% today,

1023
stop 23.37 on remaining half of VHC, last 2407, still have trgts 24.50, 25.50. 27.00 approx

1020
stalled,,,took 2390--2395 exit on half vnc, from 22.4,,about 6.7%

1016
2395....should get the 2403, watching here

1012
VHC at 2377, considering .80 trg thit, but waiting here for the 2403 if able, order in place in case it hits 2403

1005
vhc
raised trgt to sell at 2403 from 2380 for now in case of sudden move higher,

1001
ANN is in the shortable trgt area now 2822 last but waiting a bit to short it,,,es may be on a mission to move higher stilll, waiting

959
ES broke over yest hi

959
cotton should break yesterdays high

956
will sell VTNC at 8% trgt if able, at 4% trgt now
[09:56:19] it can get there today possibly

950
looks like ES will break yesterdays high

948
ABT short still holding, weakness still there, not up this morn with spx

942
VHC has moved quickly to 2340, where there is resist, and is also a trgt,,,a stall here would be normal, since its still early in the day i will see if it can go higher, given higher opening volume


938
will sell half VTNC at 23.80 if it gets there, last 2300, at the 5.2% gain trgt if hit



857
China XPP did not outperform SSO spx yesterday, but today XPP is up 2.5% vs flat SSO

* 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".