Wedn thoughts

225
added more silver via AGQ

219
first trip to es 1425ish is likely to be bought if it gets there,last 1436

216
: need to be careful...see that bull flag on IWM 60min?  if it breaks higher, trgt approx 85.70, but willing to take tza earlier near IWM 85.20 since there is resist there too

206
IWM starting to become shortable for swings imo, just needs a little more time, still waiting for the setup to enter the first layer short

133
Silver may still drop another 1-2 % from here, but imo its attractive at these prices for swings
long using SLV or AGQ

114
maybe in 1 hour tza will be buyable intraday-- watch to see if it can put in some sideways candles on the 15min chart to stop the bleeding, and a move over those tight range 15min highs could give an entry,,or a buy near the 15min lows AFTER it has based sideways, for a trade to hold for minutes---hours

1247
85.20 IWM is about where i'm looking to short,

1247
also a pullback in oil on the 15min or 60min chart is buyable imo, depends on how long one wants to hold it, UCO or USO, may not get it today , might need to wait

1247
placed limit order to buy tza 13.17, after cancelling this morn to wait it out, may raise price later but for now remains 13.17

1101
uco stop 27.84 to protect gains, in case of sudden move down

1056
investment banks have not dropped the "buy level" yet on oil, if they do drop it, i'll exit sooner

1055
UCO order lim sell to take profit at 29.00 if able, will prob adjust it a bit later, dont usually hacve orders with .00  on them

1045
OIL is really moving here today :)

1041
but thats just me, i am only trading the extremes now on indices dow spx russell, and using commod oil gold silver tlt bonds treasuries and individ stocks ibm cat intc etc while not at extreme


1040
my silver got hammered yest but still see higher silver for swing, but not adding to it, not layering or averaging.  Oil however is doing well, holding that also for higher.  AGQ  UCO


1038
still waiting to see if tza wants 13.17 or not, may buy it there

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".