Thursday thoughts

438
took off tna 4892--4894 from 4750 post earlier today, holding the other stuff

409
may sell some of the TBT afterhours if it keeps creeping up,,,still have 1707 trgt 1, higher later

408
if es 1329--1331 breaks higher overnight, could surge higher, tho respecting resist there until  broken

[16:07:08] not the greatest scalp, but 1315 scalps could take off here , or tighten stop, keep half hold half, for 7 points profit

405
for spx, gap analysis inconclusive using method i use, but favors gap up m more than gap down

146
TBT may still make a 1-3% move today, watching reactions at tbt resist test
impt 2-3pm hour for TLT TBT

145
TLT almost ready to ring 74% short (long tbt) signal intraday scalp sig


125
72% long scalp signal just rang on ES at 1315 and tna 4750

113
only half the shares this time on tbt, may add more later, but enough shares to scalp and take profit today if it hits targets, the targts remain the same as b4

112
back in TBT again, near same price as exit, has held thus far and did not decline to lower trgt, so bought back

1227
for spx, i'll wait at least 3 candles on 15min chart before any long there, individ stock charts diff,,may re-enter TBT later, last es 1313, last tbt 1666

1150
long ACIW, swing, 40.00--40.05

[11:38:38] ES pb warning ringing here too
[11:38:46] not shorting it tho

1135
[11:33:42] i exited TBT 100% in small port, to take an early profit under target
[11:33:50] warning signs that tbt may want to go to 1650ish
[11:34:08] so will try to re-enter later, still exposed to TLT short via the TMV swing tho
[11:34:43] large port, holding 25% of tbt still, usually always hold a piece in large port with stop closer to breakeven to give breathe room

1125
but not adding to them either, not averaging down

1124
mid term swings lagging and testing patience, but imo still no reason to sell them here, tho some are red,,,diff hold times, minute to weeks

1120
17.07 next TBT trgt, about 3.07% profit if hit, will take 100% of small port shares of there if able, from entry this morning,,may need to settle for lower intraday trgt of 16.75 or 16.88 or 16.96, holding for now

1104
also gold gld dgp

1104
TBT still on "stay long tbt" for next 1-4 hours imo

1035
large port TBT scalp, taking some shares off here, 0.6% gain from entry this morn,,,small port holding 100%


1033
UTIW needs to break over 1611 and 1626 to really get upside traction, last 1596, may test the 1625 today

1030
GLD DGP metal should still go higher imo

1013
, may see one of those today UTIW

1012
17.40 UTIW is first swing trgt higher on UTIW (11% gain if hit), with higher trgt later, only at 2% gain atm, holding for now, 16.25 and 16.60 interim targets

957
daily chart of DIS is much diff than SPY or DJIA dow jones chart, DIS is a dow component

955
DIS walt disney long llooks good for swing near here 44.25, but waiting awhile to buy it,,,wrote it on the whiteboard as a focus stock to watch, if i did not have other positions already i'd buy here, but waiting for now due to other positions, if i miss the DIS opp by waiting, will look elsewhere

948
[09:48:13] imo, for today, shorting TLT (or long tbt tmv) is better than long SPY IWM,,,look at charts and action so far
[09:48:21] for intraday trades

940
last TBT 16.55

939
long tbt, will take profit today if it moves , else hold swing, tbt is 2x short of TLT , could also use the 3x TMV, chose more shares in tbt since it has higher volume and better fills



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".