Monday thoughts

358
: closed TBT breakeven in small port
keeping tmv swing,,,no reason to hold the extra risk


bears need to close it under 1442 es imo, else bullish,,,even a close under 1442 does not give a swing short setup imo

347
swing,,,out of the wild ride on VTNC for now,,,will look to buy it back later,,,small 3%ish profit,,,,still see another 10-40% higher but will re-eval later, after the wild ride

333
see if they close es at 1442

330
like friday, fas upro tna may be buyable here, to hold overnight

325
theres a pretty big pullback on ES intraday today, but i'm not sure it will stick....the up volume is higher than down volume candles

136
bought TBT

1231
MM gently buying again now intraday, nothing agressive yet

1127
some indicators suggesting we might get some movement soon here,,,building

1113
if it doesn test higher, may go to 1444, which might present buying opp, watching for now

1112
timing analysis says ES may try to test the 1451 high of day in next 12 minutes, and poss break it,,,watching to see if it pulls back or goes for the test, 68% confid on the higher side

1105
1455 es is a mini interim trgt for longs

11021105
for quick scalpers, limit short 1455 ES migth work, but i will NOT take that trade, idea only,,,last es 1449

1102
its close to 74% but has not rung yet

1046
72% ES long bias just rang, "up here" 1448
may pb first, but it rang

1043
ES 1443 may present a buying opp if it gets there, possibly above that

1041
Market makers continue to gently buy here intradaya, as price goes lower a bit here

1026
MM have their sell levels pretty tight as well, so in trade mode,,,, ES  SPX wont move higher aggressively until they raise the sell levles, but there is buy level support there, for now

10071025
for both swing and intraday perspective: at this moment, reports suggest that market makers and investment banks are not aggressively buying,, BUT they have RAISED their bids, which is bullish,,, unknow atm if they are trying to sell / distrib or buy for higher prices later,,,in any event atm they are not interested in heavy selling unless they lower the bids,


*3% not 2%

1006
marginal new high in VTNC as it makes small 2% move today up, still see higher trgts, tho nervous swings could exit VTNC here with small gain/breakeven,,its a volatile stock

10031006

SPX now testing trendline resist on 60 min charts, with horiz resist higher than the trendline, expecting trendline to break higher to test the horiz resist above

940
: 2 quick fas trades, one friday, one today,, 5.2% gain on both

940
if i didnt have other longs i would keep FAS,,,but still have cat aa amd upro tmv vtnc, so using fas as quick trade and holding others

935
if one took FAS on friday , could take quik 2% gain here, i'll hold for now for higher trgts small port

928
ES a bit choppy here b4 the open


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".