Thurs thoughts

737
bought some WFC afterhours, at 2% lower from close. i believe that Wells Fargo will recover and is being hit by JPM. WFC is a different type of bank.

400
 ABT daily looks good long, maybe buy that agin tomorrow,, ABT chart looks diff than SPY SPX

358
ES and SPY charts look diff on daily. ES daily: a doji after a downtrend, with a higher hi and higher low than yest,,if one uses a 2 day ES chart, a key reversal bullish day instead


352
small port: i'm holding all the aapl longs, for better or worse,,,its at breakeven rite now

350
april 24 was earnings report, vtnc,,,stocks often retest the earnigns levels,,

343
VTNC long, partly based on april 24 and   april 25 candles daily

342
yesterday AAPL had a green candle, and today low vol on aapl, reasons to hold long, tho still unsure if keeping half of it or not,,,

336
VTNC, small stock, i see higher in 1-5 days


330
if "nothing much" happens by 4pm today, imo "lack of selling interest" is more impt than "lack of buying interest",,,,can drift higher on that model, 

323
aggressive trade go long swing on oil, i'll wait another day

320
 "someone" likes that GLD 154.80 several times a big bounce from it today

312
for swings it appears there is some accumulation in aapl and that would suggest higher for swings

311
not sure yet, might end up keeping all of AAPL longs instead of selling half (short term trade long, not multiweek short)

240
[14:39:57] AAPL is hanging around that 572.30 level still,,,they will try for 572 next if they can

230
[14:29:44] there is a slight bearish bias to the AAPL marketmakers, but i cannot tell if they are trying to accum or short,,,insufficient data

226
[14:27:39] Market makers have now stepped aside, they r testing retail again, imo from MM reports
[14:27:49] they will not stay on the sidelines very long at this time of day

225
[14:25:09] those 15min vol bars on ES,,,i would not want to be short daytrade here personally

220
[14:20:32] Market makers: they r gently buying atm,,,could change in a flash


216
if it hits 1360.50 that should trigger new daily highs on ES


216
failure to test ES 1353 before 3:05 PM, may be bullish into todays close, watching the 1353 supp and 1363 resist areas

[14:13:24] imo it makes sense to lighten up on swing longs today and take some partial profits, even if only small, for swings
[14:13:33] but likely i'll keep half swing longs
atm, planning on poss exiting half of AAPL, half of MIND, and keeping full positinos in others

210
often, those tails, mean the stock is being accumulated, when they are near a bottom like gold is now, and also when they are within the third candle of a bull morn star (which is today)

210
look at all those candle tails on 15min GLD

207
[14:07:32] ES just went 74% from 72% long scalp
[14:07:51] was at 74, went to 72, now back 74

often not always it signals the scalp bottom when that happens

151
in the small port, i might take off half of the MIND stock today, and keep half

149
15min ES has a bull coil pattern

[13:44:34] long VTNC, small port and large port both
[13:45:16] 16% profit trgt 1 for VTNC, 30%ish later

133
still watching for AAPL > 576 trigger QQQ long

133
[13:33:05] for remaing half of ES based scalpss, i'm removing order to sell at 1363 trgt on the last half
[13:33:26] it may break 1363, this time of day, higher, so trying forthat for now,,,already exited other half

121
the next pullback in OIL may present a long opp,,,waiting to go long, no entry, after having shorted oil earlier

101
IF aapl over 576, i think the QQQ will join in for higher

[13:00:10] AAPL is at 76% buy scalp long now
[13:00:32] suggests test of aapl high of day, and poss new higher hi later


[12:58:35] large port, taking 25% of shares of early here at 1361 stall
[12:58:45] keeping 75%

[12:56:30] large ports would take 6 points scalp profits from 1356 if es hits 1362, and keep half of the position,,,small ports could take profits on half or all and try to buy back lower, or small ports could wait for higher

1235
[12:34:54] 74% now from 72%, es
[12:35:05] "should" see the 1363 trgt

1214
Market Maker Reports:  i have software that attempts to evaluate market maker activityy,,,if they are buying or selling, and if the buying is to accum long or to cover shorts, and if the selling is to intiate new shorts or take profits on longs,,,or if the selling is only to "keep the price down" so they can buy more and accum

1149
[11:49:32] mentioned yest that GLD might gap higher for that 3 day candle formation: today it did gap higher, watching to see what it does, swing
[11:49:42] gld morn star

1147
following the roadmap still:  ES did hit the 1359 trgt and pulled back,,,a move up still suggests same next 2 trgts if it gets over 1359:  1363, 1369

1142
ABT went lower than expected yesterday, and was red, so took opp to exit with a profit

1142
actually, in small port, i took profit on ABT, may buy again later

1141
ABT has broken over yest hi, on way to 6270 next trgt, still holding it for now

1132
Market Maker reports: they are still accumulating long positinos, so upside may be limited awhile longer until they are done buying,,AFTER they finish buying then they will lift the sell pressure and let it higher, if this pattern and MM activity continues on the curr plan: 

1123
if ES hits 1357, it would suggest 1359, 1363, 1369 trgts higher
ES will prob go to 72% if it hits 1356.50

1119
70% es long signal still in play from 1356, its almost ready to go to 72%

1038
this ABT has a mind of its own lately, it picks a direction and sticks with it, regardless of ES, intraday

1032
ES long here 1356 could work, this test was expected and is "ok" imo

1008
70% es long scalp signal now,,,may not get the 1356 test lower first

1007
after lagging yest, ABT is now strong intraday, not giving up muych on the 3min charts, and trying to break yesterdays high

1004
if 1366 es comes b4 1356 es, then 1370 may be hit without a pb to 1356 first

958
[09:56:40] 1370 ES trgt intraday
[09:58:06] a move lower intraday first would fit the pattern
[09:58:28] MM, if able, will try to push it lower, they want to buy more ,,imo

950
 this is still retail tho i believe, MM are selling to them now, testing if they will buy or not,,,at 935,,,the MM were watching to see if they would buy without any selling pressure, now they are testing retail to buy with mild selling pressure, v interesting

938
[09:38:11] this is not MM or institut at the open here, its retail
[09:38:34] if the open holds, MM are likely to join and push it higher,,,will see what develops


936
unless the pattern fails, charts suggest ES to break 1360 resist for a test of 1370 resist,,and if it does get to 1370 , a later break even higher after a stall would finish the pattern

934
MIND up nicely at 2.5% higher, still holding for its 10--30% trgts

933
Market maker reports at the open, v interesting: it suggests that right now, MM are testing retail, to see if there is interest

928
ES is trading up 11 points, as posted yesterday, it still looks like it has some more upside before moving lower, will watch reactions today
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* 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".