Friday, May 11, 2012

Friday thoughts


400
gap UP on monday, or higher next week, spx and russell, would not surprise me

359
small port, out of ABT

322
WFC trying to revist the .40 trgt, then higher if it gets there


320
1360es vs 1363 actia;;y trgt


318
68% ES scalp long signal

302.
in TNA

244
watching WFC 3340, then run higher, swing

242
looking for ABT to get to 6230, then take out its daily highs

1224
small port: closed aapl breakeven, and bought STX with the aapl money
[12:19:42] a long scalp is setting up on ES imo,,,tho not quite ready yet
[12:19:48] not sure how much meat is on it
[12:20:55] stx or abt may be better than spy es



1159
or could set stop .37 tite on 25% of shares, i'm using the tite stop in case this punches thru higher insteaad

1157
large port ABT is at scalp trgt 1 now, small port holding longer for now and may exit soon,unsure
large port would only exit 25--50% of shares

1139
[11:39:04] right now, i believe if 1370 is tested then a pb will come,,,but if it does get to 1370 es, charts suggest it will break it higher over 1370 later, one more time,,,and short sellers may be waiting above on that break
[11:39:18] curr charts,,,could change of course


1137
at 1370 es, may exit half of some long positions on individ stocks,,,the charts on long positinos are diff than es spy spx charts tho

1112
c citibank down 2.5%, wfc up 0.2%, jpm down 7.5%, xlf  down 0.5%, gs 2.74%,,,those r the main ones i watch in financials,,,WFC doing the best atm

1106
1354--1356 ES support, over that bullish imo,,,interesting that 1356 carried over from yest, it was yest # too,, the first test of 1354--1356 "should" hold and bounce, reaction there impt

1100
LOL these micro caps are something else: VTNC just did an intraday 2.5%ish gap up

1014
abt 6347 trgt

959
3420 WFC trgt, tho may just exit the whole thing today depending on what it does

959
WFC now testing yest high, and also 5 day high, and looks breakable higher today

949
JPM is down whopping 9% this morn, WFC has shrugged it off and is up 0.7%, up over 2.5% from wfc yest AH pullback

941
one could exit half of WFC here for quick 2% if u took WFC afterhours yest

936
posted WFC afterhours yest but its only a little higher now , still buyable, small position


935
also long WFC ,,,think the pb in wfc from jpm is overdone

934
back in ABT long, enough shares to both swing and scalp


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".

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