Wednesday, October 3, 2012

Wedn thoughts

233
the CAT might be done with its nap, if it can get over 8500 here, intraday,,,similar to yesterdays wake up

122
hit 1447.50 es,,,watching to see if it triggers anything or not

118
traders that like tite stops could do es here 1447, stop 1446.50 or 1445.75,,,i['m not trading it that way

114
rationale: that would violate a market maker sell level at 1447.25

113
if ES hits 1447.50, then an alarm for "may break soon" would ring, higher es, good for 18 minutes, for a new daily high

1246
i would EXIT that short if i entered it, now,,,LOL,,breakevenish

1245
 agressive could scalp short here, i'm not taking it, for a test of support mentioned,,

1241
Market maker lowered their buy levels a bit here, to es 1443.50,,may see a move near there
may be buyable if it hits there,intraday, in next 30--60minutes

1235
Market Makers have raised their asks a little bit now,,watching to see if it pops or not,,,nothing agressive yet, but its higher

1234
the 72%   74% algos lead the tick,,the larger ticks follow later, after "intent" becomes "reality"

1233
but the fact that their bids are so close and tight, is bullish, unless they drop the bids

1231
MarketMakers need to raise their asks here or it wont pop higher,,,they could raise it suddenly, but atm they are holding it down here,,,poss accumulating here, def in trade mode atm,,,but if they raise the ask then es spx can pop up,,,they already have a bid under it for now

1229
 74% rang 1447.50
might break here soon now, if the 74% triggers action

1216
72% ES rang, "up here" at 1447

1157
watching 1445.75 es, for 1451 trgt then 1454 if able

1150
1454 ES trgt, last 1447

1126
posted yesterday that 1440 es sellers might get tired today, and move up green, looks like they are tiring,,over 1440 es and esp over 1442 bullish imo

1121
nugt is volatile, so size accordingly

1120
NUGT still buyable here imo, scalp or swing or both, still holding it from yesterday

1027
TNA at scalp trgt 1 now, higher targets above

947
es may try for 1436 test, last 1439

946
TNA 6180 could work here

927
1436 was es overnight low, 1444 overnight high


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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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