Thurs thoughts

404
single trade of 14 million dollars of CAT bought in time sales, green, at 4:01 PM

231
imo ES bullish into todays close, while over 1437 es

223
: cat hit 8712 trigger, watching if it reacts or not


220
CAT now on 72% long,,,took awhile, behind es

213
suggests poss over 1444 if the 3min signal plays out, within 9 minutes

213
: es 3min bell sounded

208
needs over 8712 to move, could trigger buying if 8712 hit

207
cat still buyable, at 8700 last

202
: 78% suggests over 1444 es, tho 1438 test lower first poss, valid while es over 1438, and bias not to test lower first but break higher instead

200
78% rang 1442.50 es

145148
78% almost ready to ring on es long intraday,,,hasnt rung yet but close


es 1448 and 1452 next trgts, with a cap likely at 1452,,,pb at 1452 if it got there, with poss break over 52 toward 1468 and 1488 later

142
quick to 1444, watching reactions now :)

141
1443 es trigger posted earlier today hit ,,,likely 1444 then over 1444 as a result

1259
1344 revised mini trgt from 1343 es

1235
active traders could take the $ from the sold upro, and buy cat,,,as an example

1234
IF it decides to try to catchup, CAT can get 89.70 trgt, last is 87.10,, 3% higher trgt

12091217
if one took upro from yest near close, this would be area to take gain on half, 2.2%ish, and keep half


if es gets 1443 without pb, watch out above,,,trying for the 1443 now

1208
CAT is lagging SPX on this lil pop :(      TMV has popped nicely up tho,,,,watching if cat catches up

1205
we could see a break without a stall ,,,given jump from 74 to 76 without stall pb

1205
clkearly there is resist ES 1438 1439,,,,but has enough momentum to break it higher,,tho usually would stall, esp at noontime

1200
usually would pb 2 points b4 76%,, possible earlier than normal pop in ES today,watching

1158
74% long bias intraday ES rang

1150
amd daily has a v nice bull diverg on price: rsi,,,look at sept 6 and sept 26 candles, also 8/8 and 9/11 candles suggest nice upward movement expectations for patient swings

1144
if AMD can get to 4.00 test,,,it may stall pb,,,but a break over 4.00 is likely if it tests that area,,,swings not intraday

1140
poss early stage breakout happening in AMD for higher, swings

1024
amd strong today vs spx,,,amd up 3% vs flat spx

1021
since i'm trading less hours these days, doing other stuff,,, i generally doing swings not quick trades,,,but if a new entry swing makes a decent move the same day, i'll quick trade it,,,but entry is made with intent to hold


940
for swings, the larger moves downside for shorts spx will be when 1.) TLT under 118, or (2) ES at 1488, or (3) ES daily exhibits tiredness in 1440--1460 range as manifested by bear diverg and smaller sideways candles.

 still looking for shorts in those conditions, if charts support it when condition met,,,still waiting for now, may take awhile (weeks)

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".