Thurs

220
bought some tza today, with modest profit targets

* 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".

wedn

2:21
i took gains on upro swing

still holding gdx swings

* 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".

Monday

405
no exit on 4pm system
it says to hold longs.

1006
today, 4pm swing system may give a "take profit on longs", entered on 2 days ago
for upro spy spx es

* 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".

thurs

so the new swings from yest in upro and gdx: there goes gdx down again, tho imo it will get its higher targets and i remain in a half size multi days weeks swing on gdx. UPRO 4pm sys entry from yest, we will see what it does, only down slightly from entry after taking gains in tza and spxu and then reversing long to upro

* 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".

wedn

416
4pm sys gave a "take profits on shorts" signal
and "go long signal"....tho it seems hard to go long here, thats signal
so i bought some upro

246
prev posted numbers and behavior in gold and silver need to hold in order for vdx trade to stay valid...thus far all acting as expected, and lower before higher would be ok and not invalidate it unless the previous post gold silver is invalid

218
it's already poked above 1967 once today...later in day a piercing should bring it to 20.10 / 20.30 area next for another stall and digestion. later 22 trgt. slv

slv silver is volatile, but les volatile than gdx. one could also use the 2x and 3x etfs on silver instead of 1x xlv

216
order is in: buy slv Stop on Quote 19.73, last price is 19.61
good for today only

214
if SLV silver gets over 1973 today i'm likely to buy some silver and more vdx

146
Gold gld looks like it has another 2--12 trading hours (930-4pm days, not futures hours) of digestion, it may well move lower, but as long as the decline is moderate...all indications are that gold is now at the beginnning of a multiweek recovery phase for a movehigher, as long as it holds over 119 GLD.  amove to 117 and hold would delya the recovery, and a move under 117 would mean a re-eval is needed. GDX has a similar forecast. For now, i'm keeping the existing position in gdx, and i will add to it in the coming hours or days, per above observation. i'm not sure it the price where i add will be higher or lower than 121 GLD or 21.50 GDX.

1137
daily chart: last 2 days on both slv and gld are above their 11/25 and 11/29 candles...poss bullish scenario. note that gdx is close to its 11/25 candle, but just below it, not above as gld and silver are

1051
also looking to possibly add to swing on gdx nugt...my cost on gdx is lower than curr price, but if it can hold up i'll add more long

1051
out shorts  at es 1791.50...will look for bounce to short, or poss a  new swing long


wed 10:50 am
took profits here on shorts swing early here at es 1791.50, and will maybe reshort if it bounces. via  spxu. tza already took gains posted b4

* 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".

tues

225pm
took gains on tza swing. keping spxu longer since have both

* 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".

friday

932
so out of nugt, holding the gedx longer
 took quick gain on the seperate nugt trade bought yesterday
 would normally hold the nugt quick traade a lil longer, but gold had a crazh pre-session
: holding gdx swing and tza for now

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

thurs

332
for coming day(s): SPY and IWM 60min charts look bearish imo...could always bounce rally of course, but downside risk. i remain short for swings

there is non farm payroll report tomorrow
so caution for conserve traders


256
remember that IWM TZA TNA can move much faster than spy upro spxu..when they get going

254
stilll have the tza spxu swings...may exit some of it today unsure
downside risk into the close on spy es SPX IWM russel

253
IF gdx nugt close over yest highs, that would be signif, and poss spot to add more to swing,unsure...meanwhile have gdx and nugt starter positions

* 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".

Wedn

247
bought half here at 19.25, tza

245
i have order: buy tza limit 19.12. good for today only

230
dow is weakest:
DIA dow jones is under the 11/20 low, spy and iwm are over it

221
if SPY closes under 179.20ish, "almost" have a key reversal day, tho it doesnt meet it strictly exactly. but note the higher hi and lower low in the same day (today)...a close "near" the low is bearish...its near the top on daily but not "at" the top

215
es exact test of prev posted 1787...watching reaction

151
1787 is ES impt #...bounce to there ok and shortble...under it bearish...if it can sustain above 1787 then it becomes neutral then bullish again.........bias is short until proven otherwise

under 1784 and failure to test or get over that would be even more bearish

4pm system will signal a "take profits on shorts" and "reverse long" IF IF the ES closes around here or lower...if it bounces to high like yest then it will stay on "hold shorts"..

aagain, the "bigger" part of the move often comes during this "almost exit" stage,,,as was posted 2 days ago...we r seeing that behavior manifest here


1220
NUGT and GDX surging now :)

1215
using this opp to take gains on the shorts...esp since i increased the pos size before
more down likely but very choppy, and we did have a big green candle before, so being conservative

it does make sense to keep SOME of the shorts,,,the 4pm sys REMAINS on "stay short" from the higher levels entries....

1016
added shorts via spxu, at 180.38 spy, 1798.50 ES

* 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".

tues

400
but the spy daily "doji" means neutral..that is, buyers are below, sellers are above
japanese theory says: wait to see which side wins, long or short, then join them later

354
spxu--i'm back in, as way to short spy spy
modest size entry spxu--nothing crazy aggressive
bought spxu at better price than sold it for this earlier today, and will continue to follow the 4pm system

352
iwm russel daily candle is more bearish than spy

338
SPY daily candle: doji right now
if it closes like that, it means indecision, could go either way up or down
various ways to interpret the "bias" of higher or lower that i guess we could talk about lol

250
btw..the 4pm sys swing signal is flip-floppiing between enter long and dont enter long...its because price and other data are right near the trigger point....will see what it does since it's really designed to take the signal at 4pm not intraday

249
OUT upro, took quick gain as scalp instead of holding swing
too many things conflicting, so back on sidelines...i want to see what ES SPX does here, higher or lower


245
i might exit this upro today instead of holding overnite...its up in val since buying...will explain later....

223
also the daily red candle looks big, but its not on high volume

222
reason: its near buy area, 4pm sys is likely to signal a "buy long", AND the algo just bought es 1786.75 for scalp...of course scalp day is much diff than swing, but algo is pretty good and should bounce...and this time of day might not get back here...conserv size position long entered

221
boutght upro at es 1787, swing

142
and...an early exit on the spxu ...took profits early but just too low volume...in cash now not long or short the russel or spx...still have gdx swing (initial entry, have not added to gdx yet)

124
conservative: i exited TZA for gain, and still holding spxu for now

1210
depending on "how low" spx goes today, it might be "better" for bears if SPY closes over 179.80ish...exact # later...because under that will say "take profits on shorts"...over it willl say "hold longer"...

1158
TF made a lower low intraday as expected b4

1154
i just took scalp profits on NUGT...still holding the gdx swing,,,,will look to reenter nugt later...could easily go higher but its in the middle here on 5min chart, so taking gains b4 they disappear

1047
notice that 60 minute gdx nugt are forming bull harami reversal candles now...one reason for the quick trade in nugt, using the 5min chart for entry timing

its the first green candle in awhile tho, so modest upside targets on its first try, then pullback, then another entry on pb and then higher again

1034
watching to see what nugt does in next 3 candles on 5 min chart (15 minutes),,,,then in next hour

1031
NUGT scalp here, diff than gdx swing, at 25.70 nugt

948
tf testing yest lows which look breakable after stall

* 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".

monday

406
if IWM were not so weak today, if the iwm red candle wasnt so big, i prob would not have added more spx shorts...but they r rotating and likely to sell spy next

358
imo, when a trade is acting according to how we want it to act, averaging up instead of down is valid (in this case, additional shorts today were not as good a price as entry 1, but still valid)... add to winning positions....ubstead if avg down on losers

avg down does have its place, IF IF IF it is part of the original plan (for example, we might avg down GDX starter position,,,but it is part of plan, and posted that we thought GDX might go lower before higher)

355
spxu is near my "add shorts" trgt...and its at the close.
so, i'm adding some shorts here via spxu long...to short spx,,which may "catch up" to the IWM russell that was weak today. swing.

we could  have gotten better pricing earlier in day, but i wanted to see if any buyers showed up before the close. they didn't

141
as expected...TF made a lower low
good for tza swing

140
i CANCELLED the order for spxu and will look at later...
it was not filled

100
i'll add spx swing shorts if SPX moves lower, so above the mkt order placed at 16.51 SPXU above the market if it gets up there today, last 1627.... or later on today i will look at buying SPXU LOWER than 1627 if it doesnt move up first

1045
4pm system: SPX is "almost" on a "take gains on shorts and reverse long" signal, but not yet. as mentioned many times before, often a big move comes at the "almost" part, so we could still see a decent drop in spx before "take short profits" and the long signal comes

4pm sys is a swing system, not intraday. it gives a signal once a day, at 4:00 PM (3:55--3:59 PM) to go long, go short, or hold existing long/short position

1017
i think gold has a good chance of actually breaking lower one more time before moving up, hence the "starter" size" on vdx related

10:15am
starting another gdx swing position here 21.52 area. it may go lower, break this lower for a lower low, but bought support here on test,,,starter size only, can add more later

also have shorts on russel via TZA, but not adding more now. medium size position.
not really interested in adding more since there are other opps, remain diversified

* 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".

Tues

339
out of gdx that i bought this morn at breakeven...dont want to hold overnight with this chart...p
tho gold is trying to break resist on its 5min chart

118
BELOW mkt at 1130.50 i might add to short position, TF russel via tza...last tf 1133

12:59 pm
bought some gdx, 21.70

* 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".

monday

 watching tf 1122 supp: will it hold or break today
 a break lower at this time of day would suggest 1112 next in coming hours days
then 1103

1103 would still be a higher low on the daily chart and thus 1103 may be a more impt level than 1091/1095 prior low, for swings

* 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".

Friday

1228
i just bought some tza..nothing huge...modest targets since low volume...

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

thurs thoughts

340
i dont usually swing short if day closes at resist, or go long if it closes near support (major levels)...because its too easy to "break" the level in the am volume morning. or via an overnite gap (in the opposite direction of your positions)

1211pm
MM selling the russel here at 1116...lil higher vol

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

friday

\1221
 shorting again here 1096 tf
first time its moved under its 5MA on the 5min chart

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

thurs

205
4pm sys says tighten stops on shorts here at TF 1081 and exit by 4pm today and take gains

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

Tuesday

1233
just hit 1103.80...filled on short below mkt on supp break

1232
sell stop 1103.80 i'll short russel, last 1104

1041
crazy mrkt...russel now back up,,,and will look at retorting again

954
new short swing entered yesterday doing well atm
russel is at 60 min support so makes sense to take quick gains here, re-eval later

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

Mon thoughts

12:50 pm
i ahve shorted the TF russel here 1103
the ES is much weaker,,,,shorted some of that too
russel often leads but imo,,,this time the ES weakness is a warning
personal trade,not ALGO

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

friday

214
if you are quick trading  the UVXY and bought this morning per post, u r up 3.5--5% right now...posted earlier this morn

208
vix continues moving up while TF IWM are up too....warning signs for drop in mkt coming

114
note that IWM now at high of day, but VIX is not near its low of day. actually VIX is near its high also...bearish for swings on IWM

943
if SPY closes today under 173.00 it would be a bearish candlestick. aka black candle by some. see sept 18 and sept 19 for a recent example, and notice how spy spx fell after that

939
this looks like an openinfg headfake higher...on ES...popped over resist b4 open, then has quickly fallen under it...under 1729 for ES would be bearish ,,last 1731

need a lil time to see if it was headfake or not

933
1 hour premarket was choppier than normal before open

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

thursday

400
Inv Banks: 105/112 buy/sell levels IWM
some larger Inv Banks also bought volatility today, vxx  uvxy...tho they are willing to endure lower volatility before higher

400my trgt was pennies off...IWM high 109.46, posted trgt this morn was 109.50...
still see a pullback coming in iwm sox,,,higher vix vxx uvxy, for swing


345
nice wedge on 60min iwm as it tries for prev posted 109.50....expecting a nasty break lower on it later...
(swing)

337
y: not adding any more uvxy, ok if falls lower another 5%, since trgt 1 is 37.00
may add more later if it decides to go lower, or do its drip drip drip daily

149
NUGT up 24% in last 3 days, up 19% today from yest...wild stuff...stil see a move much higher over 70

1241
GDX also doing well last 2 days, may be making a run for 29ish test...still see over 40 in gdx, and huge up on nugt, for patient swings

1240
if no pb of decent size today, it would still be ok...imo short swing here with 50% size are merited....havent been short in awhile except for that 1 day short posted 10/14...this one may last several days, will see

but just like 10/14: simple strat...when these huge trend days come, and there is no pullback even on the micro 5 min chart,,,AND its near resistance and extreme price,,,almost always will pb

advantage this time:  VIX near 13,,,tho it can really drop to 12 first

1239
uvxy at 2607
MM suspicious activity
pullback alert on iwm 109.17, higher uvxy poss from 2605 last

1141

IWM may try to make a run for 109.50 before going lower iwm and higher uvxy, but took a stake here in UVXY,,,will add later maybe...

1140
just took large position in uvxy at 26.61, to both quicktrade and hold swing....with room to add 3 more times...has worked over and over at this VIX level





1134
posted yest that VIX VXX UVXY buy area is 1200-1250--1300...has dropped from 1500 to 1318 last...getting there...

we should see a bounce in vix vxx uvxy, and pullback in spx spy qqq iwm russell, etc...once the VIX stops its decline....soon

* 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".

tues

316
holding over 10720 suggests over 10770, under that bearish

315
considering 107.60 trgt as hit, on IWM,posted b4,for long
over .70 may give more higher, tho its choppy and could easily go lower too
same #s as before

239
MM starting to buy here  106.98 IWM and have a sell at 107.60

143
theres a bull falling wedge on IWM 15 and 5min charts...may see a bounce if IWM gets over 107.70. last 107.50

944
 2186 took quick gain on tza from yest

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

Mon thoughts

322
we got the .30 on iwm higher as expected
MM are accum shorts here,,,they r buying close to price, but selling 3 to 1

300
10790 before 10812 may mark the high of last hour and then sell into close, if that pattern develops. bulls need 108.12 iwm soon


255
257
MM buying the russel right now, 108 iwm, but only to push to 108.30 where they are waiting to short it
...failure to hit 108.30 IWM would be bearish, as thats where they want to short...if its not made, they may jump lower

255
 back in short swing and scalp both. 75% of port short...first time in long time.
and may not see today, but IWM is at risk of a harsh selling into close, per data last 10 minutes

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

Friday

316
MM continue to pressure sell side...they are 1-2 cents from price, selling at or near mkt

307
for swing:

does not mean this is the top but MM have slowly been shorting for last 2 hours, accum short positinos
but just like oil did, it could go higher b4 lower


05
should test 107.19 lower

304
next 2 candles on 5min chart may show direction into the close

303
heres the .30 test

254
heres the expected test near .35 iwm...usually it breaks this hour,lower
but still need under .29... same #

241
at 3pm, mini support tests usually fail, as we saw yest too

238
Inv Bank levels: 103 and 109 IWM

237first time in 2 hrs: MM are selling right now
buy levels MM still tight near 5 min supp, near 107.31 IWM

* 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".

thurs

\
353
 statistically IWM should close under 106, given pattern on 1min and 3min charts from 3pm

318
needs to at least 105.70 IWM else too extended, last 106,19

316
if they dont let any air out in the next hour,,,if they just keep it up here with no breather pullback, i'll short it overnight, IWM

big green candles are fine, but when you dont have a pullback all day on even the small 5min chart, its overextended usually

(inverse of what happened yest and caused this big pop today)

241
: under 105.90, 1min IWM chart has a small bear flag, for another small drop, that will likely be bought...only relevant to scalps not swings and not even some daytrades

217
nothing drastic but MM have dropped their bids lower
tza daytrade may kick in, next few minutes


155

y: IWM just tested daily high from 2 days ago, stalled on first try as expected...but what will reaction be in next 1-3 hours?

btw if it does happen to go OVER the prior high by 2-4 points, that would not necesarily be bullish...often it pops above only to fall harder later...will see what it does at this resist

* 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".

Tues thoughts

302
if tza hits 24.36 before 3:15pm, then the bias for algo into the close will be DOWN spx russel, lower tna, and higher tza

301
algo bias CHANGED...neutral now,and may switch to DOWN...for final hour

259
algo likely will take profit on half of position, in less than 1 minute

256
y: algorithims suggest a move up in the next hour
: bias is up into the close.
iwm spx tna
 algo just took a long, 57.99 TNA
no guarantees of course...last hour algo yest was accurate tho (predicted higher tza yest last hour)

* 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".

Friday thoughts

254
 if UVXY gets slammed lower enough, i may buy that back again, to hold overnight, but will wait until 3:55pm for it

maybe if SPY gets to 169.50--170, uvxy

141spy 15min chart: has 3 higher highs. shorting the 3rd high often works.

126
the 15min chart SPY: 10:30 AM --11:30 am is an example of a FAILED bearish pattern, it "should have" broken lower but bounced instead:  patern was shoot star, 2 red candles, 2 small green candles (all bearsih) that "should have broken 168 SPY but instead bounced. HOweVER these failures are usually "tested again", so should see pullback. tho may be to a higher low above 168 spy.

the algo "shorted into" the failed pattern, currently algo is underwater a bit here, may or may not take a loss on this one...there's still plenty of time left in day to take loss if needed and then take other trades and forget about loss, tho it may turn profit instead of loss

still plenty of room for algo short to recover, it did not short near the days lows, still shorted in upper 1/3 of daily range

1159
1679 ES short, or long spxu 20.56
the algo autotrader also went short there but it may also merit a hold time longer than the autotrader will scalp it for

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

Wedn thoughts

1006
4pm system will likely give an "exit longs spx upro tna" today at 4pm, and may be first loss of year on longside for 4pm sys...unless spx rallies hard higher it will give an exit signal, gave the "warning almost ready to exit: yesterday

usually but not always, when 4pm sys is in "almost ready to exit mode" like it was yesterday, it will pop higher on daily before exiting. obviously spx is lower today, watching to see if it bounces or not, and if so, how much


955
took quick gain on uvxy and will look to buy back later.

936
tza up 2%ish. uvxy up 5%ish. from yest

34.47 uvxy trgt to sell if able today, from entry yesterday. expecting higher uvxy over 3447 eventually,but for now trading it actively.

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

tues thoughts

343
 32.82 bought UVXY

11:24
IF the IWM and SPY do not even give a pullback on the 5min charts today, i'm likely to buy uvxy swing near 3-4pm, haven't traded it in awhile since i prefer trading at extremes

* 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".

monday thoughts

927
OIL has broken 102 as expected. still swing short from 107.50 oil,

* 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".

wedn thoughts

233
 see the wedge forming in IWM on 60min chart?

bearish day candles developing, BUT a rising wedge...may pop higher to new highs on daily, then retrace lower

1123
NEM trade swing: still same trgt 2940, tho may only make 2920 and pullback...will eval at 2920 but for now 2940 trgt to sell....gdx nugt multiweek swing trgts are much higher

* 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".

mon thoughts

1108
29.40, 29.80 is quick trade trgt 1,2 on nem,,,longer holds higher trgts

932
GDX is down 0.7% at open here, but related NEM is up 0.4%
still holding NEM quikc trade from friday, and nugt gdx multiweek swings

931
OIL continues lower toward swing targets on shorts, still holding, not at trgt yet

* 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".

Fri thoughts

314
Autotrader scalp results, for today (assumes deduction for $14 commission roundtrip), :

TNA: 100k = 1697,  50k=779, 25k=320, 5k= (46)
TZA:  100k = 1964, 50k=913, 25k=389, 5k=32

Clearly it does not work on a 5k account.


942
NEM  GDX  NUGT all look good here, for quicktrades and multiweek swings

added NEM 2903

* 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".

Oil Chart

Oil continues to look bearish on daily, though its during the topping phase now, so picking spots is important.

right now, i'm on sidelines in oil, waiting for an opportunity to setup

* 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".

Thurs thoughts

343
tho may see 2650 first, i've added some here, with funds avail to add more if later

341
BOUGHT BACK the GDX here 27.34, and will hold this one overnight
the daily chart on GDX has a series of higher lows since June 28, so vdx likely will see higher than
29 before lower than 25

327
OUT early GDX at .50, exited at higher price b4 stopped out...will try to buy later again

325
STOP on nugt gdx quick trade at .46, very tight, will look to buy back later if stopped, lsat .50

323
i'm out of the oil shorts now. it may move lower today, even with a bang, but it's "enough", dont want the risk, so out near lows of day

322
USO daily chart since aug 28 has 3 lower lows, often bounces come after 3, so i'm being cautious with oil shorts from yest, and i will exit them today, and move to sidelines until next setup, then look to buy lower or short higher,

317
MM just raised their bids on GDX to 2 cents away from curr price...bullish for move to .62, then higher levels after pb

316
one could try shorting again oil here...i may be exiting oil shorts from yest from higher levels, in the next 1-45 minutes tho

309
conserv shorts in oil on break of .80 would exit here and try again later, at .65 last...

305
GDX NUGT quick trade up 1% and 3% since entry today, larger positions can sell 25-50% here, and hold rest for higher

215
OIL hit the 105.80 trigger...should break under .67 now for new intraday lows

213
have an order to sell quicktrade gdx 2807 and will try to buy back lower if hit....multiweek swing targets for other gdx and nugt positinos remain over 32 tho

212
MM are selling gdx at 2720 here, BUT because they want to buy at 2702....i'll hold on for now for higher...they are trying to accum for a move to 2770...Inv Banks have higher sell level of course

210
IDEA: if oil breaks 105.80, add short (below mkt). or, try to short at 106.00-106.40 range, whichever comes first (lower or higher)

208
27.70 gdx trgt 1 mini

206
MM (not Inv Banks) raised their buy and sell levels on gdx, so i jumped in early for a quick trade

205
leaving room to add more gdx at lower levels

205
LONG gdx early 2704

204
oil breaking, on decent 3min volume chart

200
oil testing 106 support now and looks breakable lower

151
i have an order in to buy GDX at 26.52 if it gets down there, good for today only

143
i'm OUT of the USO oil puts bought yesterday, at 10% gain, under the 20% gain target , i do expect them to go higher (lower oil) but don't want to hold the puts because they decay

i will continue holding the SCO and short USO however, for lower oil and higher SCO. atm, sco is near break-even point or small gain.

but puts options accomplished their purpose and plan, so exited early

927
OIL is trading lower here as market nearing the open

921
VIX still around 13.50 at yest close,,,still susceptible to moving to 1180--1200ish area, if u look back on daily chart its a common area,,VIX not VXX

918
same plan as yest for oil:

PLAN: now that cash is freed up as result of sales in GDX and NUGT, if the oil uso PUTS do not move today, i will SELL the PUTS at a loss and replace with short USO and/or SCO...since the USO will not decay like the puts do... the puts were a temporary 2 day measure to enable an entry position in oil yesterday before the cash was freed from GDX

* 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".

Wed thoughts

314
PLAN: now that cash is freed up as result of sales in GDX and NUGT, if the oil uso PUTS do not move today or tomorrow, i will SELL the PUTS tomorrow at a loss and replace with short USO and/or SCO...since the USO will not decay like the puts do... the puts were a temporary 2 day measure to enable a position in oil before the cash was freed from GDX

309
GDX hit 28.43 Inv Bank sell level trgt

29.03 next sell level GDX but its starting to get stretched now, and may pull back to 2750 area where i'd add in coming hours days

301
OUT of NUGT quick piece 7302, will look to reload later...still have multiweek swing for over 110 trgt

253
GDX hit 27.80 trgt, last 2786

252
22% move up in NUGT in one day, that stuff is v volatile this year

251
2840 new Inv Bank sell level, from 2780 prior one...stall at 2780 would make sense, but Inv Banks running away from selling and waiting for higher levels

227
atm the OIL puts and SCO are red, but imo still will go back to at least break-even

226
2755 raised stop
wont keep posting every change,,,manually trailing thhe stop

225
tigth stop, 2739, on gdx now, on active piece, last 2744,,,v tite may get stopped but will protect gains....

221
GDX stalled 27.38, right near prev posted 2740 old Inv Bank level, normal behavior...still waiting on 2780 tho

215
have order to sell some gdx nugt at 2780 (active piece),,,holding multiweek swing for gdx targets over 34 though

212
2740 and 2780 are old and new Inv Bank sell leveld on gdx, last 2709

203
GDX and NUGT large moves up, after FOMC

143
have order to sell options on oil uso at modest 21% gain if able, modest target, not looking for 100% or double

1217
move in oil volatile enough, so bought PUTS in USO, rarely trade options but looks good here

1132
oil 105.35 or sco 28.70 approx exit area if able, then will re-eval

1102
105.79, added mor oil shorts, sco

953
long SCO 2877. trgt 10-80 cents. scalp. took at oil 105.14

* 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".

Thurs thoughts

233
increased volume in oil now...some whipsaw

1144
at CL 108.70, added oil shorts

1052
OIL supp at 107.85, watching to see if that holds or breaks,,,if holds too long will take quick gain on scalp oil short and look to re-enter long or short later,,,but will give a chance to break lower first...last 108 oil

1039
shorted oil 108.30, could use short USO or long 2x SCO

1039
VIX (not vxx) 12.00-12.50 area, i'd be interested in long uvxy...last 13.74....VIX has a history of big bouncing at 12, but dribble lower above that

* 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".

Wedn thoughts

356
OUT of uvxy, dont want to hold it overnight, small gain nothing much, but leaving cuz dont want to hold overnight, will look for re-entry another time

330if spy breaks .80, may see nice pop in uvxy, last 3407 uvxy

216
finally getting some big green candles UVXY 15min...watching to see how this follows thru...its only initial stages so limited modest upside, but maybe its the start?

1202
there she goes,,,spy starting lower quickly after entry :)
modest trgts tho, scalp

1156
LONG here UVXY, scalp

weakness a lil tiredness on the 3min spy es charts may give a lil pb and a bounce in uvxy higher

1151
now waiting on oil sidelines,,,,if it pulls back then may go long,,,if it can creep higher then i may short it,,,but here in the middle i'm staying out

1150
OUT of oil
very small gain, but it went lower then i wanted for scalp, so i'm out and will look for other opps,,,

1115
IF gdx closes over 26.80 it may be a bullish reversal candle on daily, has a big green candle now after big red one, on 60m chart

1009
1690--1705 area is where i'd be interested in uvxy swing, unless ES does pattern mentioned yest

1003
long oil cl uso uco, scalp

940

went long GDX, quick swing, may exit today tho


* 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".

tues thoughts

358
busy day, 8 daytrades roundtrip, 8 winners, 0 losers, no fancy layering scaling, single buy sell points

356
OUT uco uso scalp, small gain

341
after 4:00pm, i'll have a significant update on INVESTMENT BANKS in oil....poss impt data, not common, that was put in place today

336
will cash oil shorts, non futures, cover and push uso to trgt?
if not, any selling here in oil in next 30 min is likely institutional not retail...in oil

333
low vol pop higher in oil here...still trying to sell my scalp longs,,,toughest trade of the day

306
167 spy b4 170 would be bearish, and i'll short swing that setup if it presents
if spy tests 170 then likely a wedge higher to form
bears need to "stop" a test of resist....a test of resist in spy usually means pb then higher
 needs lower highs, equal highs no good for shorts

305
todays spy candle...is bearish but needs confirmation
for swings

241
i have an order to sell at USO 38.53 if able, last 38.37. i may sell sooner

223
have uso uco order to sell at uso 3870 scalp but may sell sooner


223
 watching for poss 38.54 "stop run" poke higher in USO, and 3870 tho 3870 seems a stretch for today..last 3835

202
oil long is now up testing resist...if it stays near resist too long, i'll exit...but giving it a brief chance to break resist

1259
why long oil? because it "should have" stayed under 107.36 to stay intraday bearish, instead it tested 107.36 (where we quick shorted),,but the fact that it made it "up there" to test, suggests that the 107.36 could break higher intraday, for a possible run up to 108.20, tho thats beyond the "scalp target" range....will just trade it actively

1257
LONG oil scalp, here at 107.00, via uso or uco

1245
OUT of sco, quick gain scalp
oil may go lower, and sco higher, but this break of 107 could be a "stop cleaner" and may reverse higher in oil, so took the scalp gain...on sidelines

exited on the 107 oil break lower, in case it was headfake


1223
sco is 2x short oil

1223
28.13 long SCO
scalp

1210
OUT 72.20 upro, took gain

1150
LONG upro 71.90, scalp
may be fast trade

1139
OUT , took gains on uvxy scalp at 3685, early exit but spy is up today so trading the scalp quickly

1137
mid-day....Market Makers generally run through the stop areas and then reverse, as long as stop is based on 15 or 60min chart....daily chart support and resist u might not get that good of reaction, since its stronger

1136
idea: think of where u would place a "stop"...of its a good area to place a "take profits here"
or a good place to buy new position

1135
will prob exit uvxy before 37.80 but have order there to sell in case it surges,,,the uvxy can move uber fast

1134
UVXY kicking in now, scalp

1116
glad to be out of oil breakeven...its lower now....thats why i took a "breakeven" exit on oil...had a lower stop but it wasnt acting as expected, so exited before stopout...

1114
when i trade vix...uvxy vxx xiv, i ALWAYS use the SPY chart in additino to VIX vxx uvxy charts, without exception, and will only trade the VIX if SPY is "tired" or "extended"

1103
SPY should pullback a little here, and push uvxy up

1103
took long UVXY, scalp fast,
out of oil break-even, small gain

1045
silver should pullback, oil should drift up, intraday,,,will re-buy silver prob when i exit oil

1044
long oil uso 38.18, may be fast trade, still see lower oil for swings, this is just a quick trade, buying support

1037
still holding quick swing GDX NUGT and mid term swings gdx nugt for higher, the UVXY XIV SLV is faster trade

1035
OUT of slv, fast gain,,,will look to re-buy later, 22.14
1.4% gain on USLV, less than 2 hours holding

1001
long USLV  SLV here 22.03 slv

959
OUT 26.36 XIV

949
ES may want to try for 1693, last 1679

941
long xiv, scalp

939
SPY stalling, so will let it see whta it does here, spy may bounce, watching sidelines now

938
OUT uvxy 36.87
took quick gain

934
bought some uvxy, may be a fast trade, 36.6
SPY is at a resist level

930
GDX is also down 2.2%

929
OIL is lower this morning, big red 60m candles, down 2.4%, still see test of 102 then break lower in time

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

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".

Mon thoughts

151
SPY hit the 10:08 short trgt of 167.32, but as mentioned, not shorting it yet here but waiting, and trailing the stop on the long instead

130
thus far volume on USO daily oil is low, so being very cautious here with the shorts and will be quick to take profits on at least half position...can always re-enter...watching here now for reactions on test of support in oil

115
next pb in gdx nugt, i'll buy...will let it go up first then buy pb...may take awhile, moving up nicely now

109
27.60 lim order to sell sco oil

255
27.58 long GDX for quicktrade, first entry here, 7127 nugt

252
just not worth risking gains on a quick trade oil short entered this morn and friday...very low volume in USO, so opted to lock gains in favor of higher gains later...out of both the upro xiv and sco oil quick trades for now

251
took gains on SCO 2719...will re-eval later, for quicktrade
just not worth risking gains on a quick trade oil short entered this morn and friday...very low volume in USO

224
missed spy sell by pennies at .77, posted b4....exited near there manually at .70

1230
spy long trade shows that sometimes need to change gears...initially wanted to short but didnt get trgt, so switched long on pb, thinking that short trgt would come later, spy spx

1224
oil 108.80 may stall and give bnc if it gets there, for active part of trade, last 10940

1217
new highs on spx...trailing the stop on longs

1152
oil has broken :) ...will trade half of this oil short actively quickly, other half more patiently, from entries posted friday and today


1149
SPY UPRO SPX near daily high, tightening stop or taking gains on half for scalps both make sense here

1141
oil testing .50 again....breakable lower

1135
stop tightened on spy to breakeven, and will keep a looser stop on SCO oil and trade the sco since its moving bigger

1129
near 109.75 oil on expected break today under 107.50....will quick trade 50-100% of sco

1128
ADDING SCO here as way to short oil

1044
i put in order to sell longs at SPY 167.77 if it gets a surge up there, will prob sell lower but order is placed in case of surge....and i willl no longer auto short at prev posted level but will rather wait and adjust the short entry later, as well as exit of longs

1039
scalping LONG es here, upro,spy
will reverse if short trgt is hit.

1019
the 15min oil chart has a big red candle (last) and thre small green ones b4 the red...usually it will break support lower in this pattern, bounces shortable for quicktrades in oil

1018
OIL testing supp at 109.50...if that breaks should give trgt 1 and give an exit on quicktrade short oil via long sco

1008
missed spy short by only a few pennies, so now RAISING not lowering the short level to short at spy 167.32, may short lower later, but for now, level raised...i'm not chasing it now, rather letting it go to the "real" trgt now at 167.40ish with order just under that

1002
may be interested in long GDX or NUGT in 1 hour from now, not before, will check again later...needs to base on at least the 15min chart whicch requires at least 4 candles

still have gdx and nugt multi week timeframe hold, for gdx over 32 targets, the above post is for quicktrade on gdx nugt

959
Inv Bank levels say they are on sidelines for now, with spy buy sell levels far away at 162 and 171,, will post if they change

for now, Inv Banks are letting Market Makers, and retail "do the work"

957
for swings i guess this is close enought here, 167.00 spy, but could go 167.40 resist
: i'm waiting since i'm quick trading it

952
another 2-3 point on ES should fill the short spy or spxu 3x longs

949
that's a main level in spy, so could also work for swing shorts there,

948
i have Order to buy SPXU at the market price, if SPY hits 167.19, last spy 166.80...may or may not get filled..spxu is 3x short SPY, for quicktrade

924
oil 107ish trgt 1...good enough for me for quick trade...imo going under 102 mid term swing
107 would give about 3-4% quick gain in sco

921
shorted oil friday, its down a little now, watching to see how much it will move

* 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".

Friday thoughts

358
sold some gdx swing here, and replaced with SCO,,,,still have nugt gdx sco swings but reduced gdx to make room for oil

356
sCO moved nice...took some off as mentioned, and holding rest sco (2x oil short) swing

344
oil didnt move as much as i wanted today, so holding some of this SCO...howerver i will lighten up on it and sell some today, and keep some for later...shares sold today will be near cost, or small profit, but selling to reduce risk and make capital available for monday, not in order to take gains

we will see what it does in next 10 min, then sell at 355--400pm some sco

1209
back...cancelled order to sell SCO and will do manually now,,,same trgts 2699, 2730, 2780

1133
lowered SCO trgt 1 to 26.99. going out for awhile so order is in to sell if it hits there, for small gain.

1049
Quicktrade - took long sco (2x short oil)

* 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".

thurs thoughts

411
** 4pm Swing system signaled an "exit long upro spx" today....took profits.... for agressive only, it also signaled a "short spx spy" today also, tho it might have rung early.

4.5% gain on trade closed today on upro.


143
72% long scalp almost ready to ring, on ES...intraday scalp not swing signal

1135
166.70 spy trgt

1003
1668--1674 would be nice levels to short ES, if it gets there

956
i bought long scalp primarily because ES broke over 1657 overnite resist...could be headfake but that break will  usually give at least 2 more points

so i bought the mini pullback...would usually wait for more pb or sideways tho

954
1657.75 i took long ES...its scalp only, may only get 2 points on it, with 1662 trgt if able

951
or short ES 1662 if that comes first

950
ES daytrades: first pb on es likely be bought so long on pb, then short the second high later

948
GDX 2785, 2752, and 2700 are horiz support numbers. BUT Inv Banks have buy level curiously placed at 27.35

945
btw, 4pm sys can stay in this "almost" ready to exit status for more than one day,,,sometimes several...if a wedge forms it will stay there several days

944
GM all...4pm system still on "hold long spx upro" and might give an exit signal to "take profits".. we are also getting close to a short signal spx

* 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".

Wedn thoughts

345
GDX NUGT woke up

1019
28.80 trgt 1 quick trade SCO oil, last 28.01. will sell half at 2880 and keep half for higher targets. may actively trade first half and sell b4 2880 if it does not move much today.

959
oil breaking...new daily lows on uso cl,, new highs on sco

942
adding oil shorts here, valid for quicktrade and swing, at last CL oil 107.30.

it may try to rally more, if so then i'll more above.

* 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".

tues thoughts

325
lowered order to sell to 28.84 GDX, 25% of shares, to hold remaining half for higher (already sold 25% earlier today)

304
74% now on spx intraday long signal

211
72% long scalp signal almost ready to ring on ES SPY UPRO,,intraday only not swing signal
last spy 164.07,,1634.50 ES

209
Market Makers just raised the bids on GDX, tho they still have some resist at .72 area

144
.71 resist before .90

144
that bullish 3min pattern on GDX has formed...now watching if it goes over .60 toward .90

122
28.60+(28.60-28.30) = 28.90 trgt for 3min chart pattern, which "just so happens" to be near the daily high...gdx

120
watching the 3min chart now on gdx...if its bullish then with stoch over 80 here, it pulls back then makes another high, before it goes to stoch 20...will see what the pattern does

115
GDX NUGT are at trgt 1 now

1124
have order to sell quick trade piece of nugt gdx at gdx 2970. last 2853, may sell under that 2970.
MM and *Inv Bank Sell levels: gdx 2860, *29.09, *29.47, *30.52.  I've chosen 29.70 because if 2909 is hit then the Inv Bank will likely set a new level near 2970.

1108
scalping gdx nugt here, 2842

953
the 4pm swing system remains on "hold long spx upro" today. it will prob NOT give an exit signal toady, but might tomorrow or following days. remember, the biggest part of the move often comes in this "almost ready to exit" phase of the 4pm system.

* 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".

Friday thoughts

239
it seems that GDX 60min insists on forming this bearish falling wedge, for lower prices before a surge higher, where the surge should take it to new highs over 31 for swings. last 28.05.

imo, represents a buying opp in gdx and nugt. nugt has already doubled from 50 to 100 recently, last
near $75, for targets over 100, 120

114
notice SPY bouncing now...first try almost always does, when its a DAILY supp level not weaker 60m or 15min supp, and also esp if the test comes 10:15am--2:30 pm lower volume times

113
SPY approaching 163.00 test now support, and it usually holds on the first try...may get a bounce soon, intraday.... SOY hit the posted "active trader" 165 trgt and pulled back.

1118
GDX NUGT may be waking up intraday here now, 7750 nugt last
PLAN: will take profits on "quick trade" nugt at 80 or 84, will post exit. and the separate multiweek hold on nugt has targets of 100 and 130.

1023
continuing to hold gdx. still looks good imo. swing. and still buyable at curr price for swing holds

4pm swing system update: system continues to say "hold long spx upro". it will NOT give an exit signal today, so will hold until tomorrow or later.

* 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".

Thurs thoughts

135
TZA just hit its .60 trgt posted b4, tho i left early

128
added gdx, #2
calls would be at .62/.63

100
i have gdx and nugt, not the options, and would only use the weekly options for scalps, for SwiNGS need more time using monthly options October or later

100
GDX (Weekly) Sep 6 2013 29 Call are at .70 / .71...may go lower first

1259
entry 1 of poss 4 on GDX scalp...willng to add more higher or lower than here
GDX nugt is a lot more volatile than iwm tza and larger moves up and down

1255
OUT tza 26.41, quick fast trade of 1hour-ish, above stop early exit to lock gains, scalp only
may go higher, but its purpose was just to scalp, so i'm out with this stall and can always re-enter later

1249
tightened TZA stop to protect gains...stop .37 which would give options 13% gain,,,

1245
es likely to test 2 points lower from here,reaction there may be impt intraday

1243
mental stop .34 TZA i might exit it for smaller gain and buy again...this is just a scalp quick trade so watching closely and being nimble

1241
TZA scalp now in profit zone, 26.62 trgt if able tho may sell lower, I'm using tza but if one were using IWM puts they r up 11% from entry right now

1221
nugt gdx at this price, still good price for swings, not too late

1220
that GDX and NUGT sure does move
still holding for the higher nugt trgts, may have started its next upleg here today

1154
I dont have them, using TZA, but IWM (Weekly) Sep 6 2013 102 Put are at $0.98 / $1.00 now

1135
shorted at SPY 165.02

1133
long TZA 26.23, may go to 26.10 or lower before higher, scalp only, may be a fast trade

1116
set stop on XIV to .24 here to protect move lower and will take small gain if stopped and look to poss re-enter, tho if stoppped out there are prob other better ops not in VIX xiv vxx uvxy

NOT liking that XIV has not moved up with UPRO and SPY

1107
for ACTIVE traders, SPY is at 165 area (target posted yest) and one could take quick 2 day gains here

1003
GDX may drop to 27 before going to 31, 32, and 34. Either way, i remain in GDX NUGT swing hold

1000
4pm system remains on "hold spx longs" and it will def NOT give an exit signal today. a set of conditions must be met to trigger the "almost ready to exit" status, but then a SECOND set of conditions must be met to trigger the "exit" signal. "Exit" is always triggered one or more days after "almost ready".

* 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".

Wed thoughts

331
130ish next nugt trgt higher, last 77.08

329
going to add more shares to NUGT swing...still see GDX over 32 and NUGT over 107,,,,this is a gift today to add, multiweek hold so may require some patience, but nugt has been good to us thus far

209
ACTIVE traders, not using 4pm sys...imo SPY 165.00ish will stall and is a trgt higher

154
hit .56 stop...running with 2/3...and may buy back 1/3 again

151
stop 28.56 on 1/3 of GDX nugt quick trade...thats for small gain if stopped but mostly because the "average down" accomplished its purpose, and will run with remaining 2/3,,,and poss buy back 1/3 again, 29.61 last

138
added...buy 3 of poss 4...gdx nugt quicktrade here at 29.42
waiting on #4 buy...may go lower, but added #3 on this lil stall...

137
looks like GDX is giving opp to add to quick trade on this move down, but not adding yet...waiting as if may go lower

1257
MM just raised their ask from .80 to .88 GDX...watching if it goes for test of daily high now,
last gdx .77

1241
MM gdx sell levels 2981, 2988, 3045

1239
if GDX see 2981 in next few minutes, may see a lil pop 10-30 cents higher,
there are some smaller Market Makers trying to sell 2980,,,when they r done selling then the sell pressure will be relieved, and allow for higher

1227
SPX ES...trying to break resist now...higher

1225
if it goes sideways or down only a lil then sideways, would be bullish...and may give opp to add

1224
next 3-4 candles on gdx nugt 5 min chart (next 15-20 min) may be impt...watching

1220
GDX might give an opp to add a third time to quick trade positon, if the 5min chart moves lower before targets are hit...no additions yet, and price may be higher or lower than prev entries.

Why add more, if one is adding at a higher price? because more shares means more dollars profit, tho the percent gain will be less the actual dollar gain is higher

Also, averaging UP is a sign that the trade is "working"...that its making higher lows....

One can also average down, but imo that only works when the next level is significantly less, and at a major not minor support area

1206
GDX quicktrade missed first sell order by about 10 cents, so im now RAISING orders to sell 30.13 (not 2994) and 3040, for now, on gdx nugt 

1200
so targets are GDX 2994 and 3040, for quick trades on GDX, and higher for the swing trades multiweeks (over 32)

1159
adjustment: have order to sell half of nugt gdx at  GDX 29.94 (not 29.97), and half at 30.40, for now...

1154
SPY spx marginal breaks in highs, trying to fill gap higher, 60min chart
watching to see if this persists higher or not....
4pm system does remain on swing LONG spx, triggered yesterday

1152
adjustment: have order to sell half of nugt gdx at  GDX 29.97, and half at 30.40, for now...

swing nugt i'm not selling, holding for higher

1147
bias on 5 min chart GDX is up atm, may persist for 2 hours on the 5 min charts...

1145
if gdx stalls at 29.90 i might take off half there of gdx nugt quick trade from this morn, but still see 3040 area later...will see what it does on test of .90, last .72

1122
IF oil hits 112 again, i will add oil shorts via long SCO or short USO, last 110.03

1121
ADDED more gdx quicktrade here, nugt, at gdx 2965...paid more than first entry so avg up not down, but 5 min chart set for nice bounce, aligning with 15min chart needed another few hours on it

1111
5 min chart of GDX: may present another buying opp in next 1--5 candles...still holding quicktrade piece, may add more, might be average up not down (paying more for second piece)...no entry yet

1107
XIV from yest, upro, xiv, gdx all acting well...
but holding for higher targets

1100
GDX 15min needs 2 more hours,,,watching to see what it does.
60min chart needs 4hrs--2 days, watching

I use the 60 min chart for stocks I want to hold from 1 hour--5 days.  15min chart for quicker trades. And of course daily weekly for trades to keep/hold 3 days--6 months.

1059
ES  SPX at intraday resistance now, watching reaction

1021
larger positions would take 25-50% of gdx off here at mini resist .79
for a quick 3% gain on nugt, 1% gain on GDX, 

1016
3045 is real target but i've set my order lower

1016
have order to sell GDX 30.20 if able, may sell lower but giving it some time to see if it want a little surge, that would be a 2% move in GDX and 6% on NUGT, scalp piece,,,swing targets a lot higher

1010
2952 scalping GDX long
This is diff than the NUGT swing position

* 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".

Tues thoughts

358
for swing shorts looking for larger moves lower in SPX, what they need is some small green daily candles in spx es spy...NOT like the big green Aug 22 candle

SPX appears to be topping but it can keep bouning up and down, frustrating both longs and shorts
THAT aug 22 green candle, imo, suggests that another bounce is coming on SPX,,,and opp for trapped shorts to exit and look to re-enter later

Big green daily candles say "distribution" but "not done dist yet"...the small green candles are signs that distrib is getting tired, in general, and that big boys are nearly done dist

346
UPRO 65.90 in

345
4pm swing system signalled new "buy spx long upro" right here
so, i'm in upro XIV.  it's "hard" to buy on such a big red candle, but trusting the system.

307
and es may see 1642,today
last 1632

250
bought nugt, swing, 9180

241
shorted uvxy vxx....es 1630 sup

240
went long XIV 24.16, shorted uvxy vxx

202
out .22 uvxy, hit stop, .06 last
still have 25% of shares left...that was just partial profit taking on stop...

157
will just keep manually trailing it but will not post them all here
ES susceptible to "try" to retest higher today, given the shoot star daily candle, so being cautious on intraday piece of uvxy here....

156
43.08 stop on 25% uvxy..v tite and may be hit..protecting gains

137
ES 1595--1610 trgt if ES breaks 1630. right now its holding support in 1630 area, but if that breaks...

128
also i'm likely to re-enter longside spx at 4pm today....4pm sys will likely signal a long re-entry, after it said to take small profits yest on upro spx

it does not usually exit one day and then re-enter the next day, 4pm sys, but looks like it will do so today....still see LOWER spx for longer holdtimes, 4pm likely signaling a brief swing bounce, if it's accurate

126
Inv Bank UVXY sell level tier 1 approx 43.70, tier 2 is 45.88, i'm selling a lil under tier 2 if poss
but stall expected tier 1 4370

125
raised order to sell at 45.70 UVXY, 25% of shares, for now, may sell at prev posted 44, or lower

932
lim order to sell more uvxy 44

919
GDX NUGT are also up but i'm holding THAT swing for even higher....no actions or exits there

OIL is also up today but imo still shortable swing, same plan, holding the oil shorts and if it gets 112--114 are then i will add more shorts to the position

916
UVXY swing finallly at target 1, took profits on half of it
big decline on ES SPX premarket, es down 17 points but its also near support...es could break support but given a 10% pop on UVXY, took some off...UVXY could hit 15% higher 44ish but will see

* 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".