Friday, June 1, 2012

Friday thoughts

258
[14:58:27] DIS long is allowing re-entry, if u went in at 4425 and out at 4600ish, its back to 4450ish now,,,its a dow component but not as heavily weighted,,,the daily DIS chart is impressive imo compared to DIA SPY

256
[14:54:59] i still believe that TLT is topping, headed 20-40% lower on the 1x,,,more on the 2 or 3x treas etfs
[14:55:44] this is the exact opposite of the prior TLT "long reversal" from 111 area



245
DGP gold up 8% today. closed position and will look to reenter gold later, still see higher gold

114
small port. exited AGQ silver, keeping gold, still see higher silver but wanted to take 4-5% profit b4 it disappears, Silver been fluctuating,,,still exposed via longs in gold that i'm holding, dgp


1159
AGQ nearing 5% profit, still holding for now. SLV at 27.83 last, nearing its lower trgts, but also higher targets for silver afterwards.

1025
For SLV AGQ, market makers imo are in "trade mode", they are buying then selling, but the bias is that they are trading long intraday atm, but taking quick profits and then re-entering. Intraday, that suggests longside entries on silver.

I continue to hold AGQ, 4%ish profit atm, same trgts for slv 2780--2815,, then 2860, then 2950, 3100
1006
AGQ silver is up, at 3%ish profit, but i'm going to hold it for now. If I were actively trading this, i would exit and re-enter, but for now i'll just let it sit. Active trading would take profit on 50-100% of shares. still have the dgp gold longs too.


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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