Monday, June 18, 2012

Monday thoughts

[14:27:18] NUGT testing near its high of day, may go higher, may pb, so decided to exit for now

[14:26:28] took 11% gain on rest of NUGT in small port, large port still holding 25% of shares, will look to buy GDX and NUGT again in next 1-3 days

[14:13:56] note: the TLT short is early entry, half size position, may add more later
[14:14:13] TLT may go higher b4 lower but been watching the 127 area for a few days now as re-entry area


[14:13:05] shorted TLT swing via long TMV 3x etf

[14:09:05] also exited SSYS,

[14:05:16] wow huge drop in TLT, intraday 3min chart, watching reactions

[14:01:44] took aapl profits early here, will look to reenter later
[14:03:04] still see higher, but reducing risk, since have other long positions that are outperforming AAPL, so exited to lower risk, less $$$ exposure,, still holding GDX  MIND  NUGT  SSYS  VTNC for now


[13:38:54] imo waiting to see if ES wants 1347 test makes sense b4 any shortnig, still see higher swings

[13:36:12] after being flat at 9:32 AM vs SPY down 0.5% then, SSYS has popped nicely, still holding longer, SSYS up 3.5%ish today vs friday

[13:13:59] NUGT is volatile intrument, todays range alone is about 9% from todays high to low of day

[13:11:35] GDX at 4750 trgt now, watching to see if this breaks higher, over 4750 gives the next trgt, still holding half NUGT, at 9% gain but still holding since onlyh half is left (exited other half near this area b4)

[11:23:52] GDX and nugt moving up sharly here but GDX needs to clear 4750 before real upside accel, NUGT needs over 13.30ish
[10:49:03] aapl up 1.5% today vs SPY near flat,same targets
[10:21:53] next trgt on aapl, will sell at 587 if it gets there, half of remaing (which will leave 25% left)
[10:11:52] still see MIND making a similar move in time
[10:10:27] wow ACIW has moved up 5% today alone, and over 14% from its prior daily June lows,, some of these stocks can really move, volatile
[09:45:00] hit 578 aapl, order filled, holding second half for higher
[09:40:00] still same trgt on aapl, will take off half at 578 if it gets there, higher trgts later

[09:34:26] aapl now flat fwiw

[09:32:04] interesting that SSYS has opened flat vs SPY down 0.5%, will see what it does,,
[09:21:06] reaction to greece similar to spain: overnight surge in futures, and lower at 9:30 AM, although this time SPX may rally back quicker than spain reaction (hours days)
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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