Thurs thoughts

358
i decided to exit the SCO and EUO

344
uso 3532 shoot star looking for

333
this is ridiculous...if it stays this muted until 355pm, i might just keep the EUO and deal with it in the morning, for better or worse...i still see a move up in the EUO,,,same with SCO

317
BTW,, the EUO is a very gappy stock...has lots of up and down gaps, normal for currencies

317
i will close the EUO today for miniscule gain, waiting but might not have time to post it fast enbough....unsure about oil sco...may or may not close it for 1-2%iosh

315
ES "should" sell into the close: the 3min bounce was weak...step 2

238
y: ahhh...Market Makers now gently selling oil again...the games these guys play...
3533 uso may give a shoot star

228
Market Makers have stepped asid on oil now with big spread between buy and sell, so no way to tell which way its going

i DO BELIEVE however that those MM were shorting the 9750 CL oil area yest and today, so i'm comfy holding this longer...reports showed they were selling it

227
fine with me if they want to run up oil to yest hi ...even a slgiht break over it.......if it happens i'll consider adding shorts,,,if lower i'll take gains... shorts still in profit zone but not wanting to exit here, think lower coming

213
DX is keeping me in SCO, shorts oil...still think higher us dollar, lower euro, higher EUO 2x

212
if it WAS the MM...they popped in and out VERY fast,,,theyve been know to do such games of course LOL

211
maybe my software missed it, or bad data point, thats a lot of volume lower on USO for retail... but it says it wasnt MM

210
unfortunately this is NOT the MM selling oil,,its retail or daytraders or small ppl
the MM may join in later on selling, they already did sell this level earlier today tho

74% rang at 1496

150
15min USO has a bear flag...wish it would just hurry up and break lower already LOL....not likely aggressive tho until the MM change their levels

149
y: ES: 3min chart: look at volume at 12:48pm and volume now...see it?
..bearish vol diverg...less volume on second trip up to the high


148
there is a bearish volume diverg forming in the ES 3min charts

144
EUO looks like it could pop higher on its chart tho

144
WOW now MM are allowing for CL to go up to yest high, theyve raised their sell level....could see this thing bounce, i remain short for now tho, maybe add if it bounces unsure,,,they could easily lower it again...watching

133
4120 poss bounce in DUST if it get down there

133
4179 gdx trgt, raise a few cents, then rejection there poss

128
EUO waking up?

127
72% ES short alert rang,

125
took 1496 short, changed mind

125
15min ES chart giving a warning, and 60m

125
if ES hits 1494.75, a short "down there" could work imo (break of support),.,,,still waiting on the resist trgt 1498/1500 or maybe diff

123
shorts BELOW the mkt 1494.75 or ABOVE mkt at 1498/1500 could work...watching to see how it develops, for scalps per 3min charts,,,,i'm not taking it but watching for better formation,,,thats the trade premise atm

112
USO may get rejected here in 1min

1233
3490 is the MM buy level...they will cover htere

1219
there is the expected shjoot star on the USO 3min chart... those market maker reports are not perfect, but they are generally accurate anmd helpful....often the result comes 1-3 minutes after the MM posting, cuz it shows their intent and follow thrtu

1211
uso just exactly hit the 35.33 trgt,,,watching reaction at exact hit

1208
3533ish USO expecting, then stall to lower

1208
heres the move up in oil,,,,could go a lil higher,,,watching to see if it gets rejection at MM sell level

1206
so we may see a pop higher in oil first, up to the MM sell level, followed by lower, and often this manifests as a bear shoot star candle on the 1min or 3min charts, like we saw yest

1205
MM just lowered their asks on oil a bit...they will sell just over todays high atm...bearish for oil

1152
LONG in EUO, new position in vse
may exit this one just with a small gtain,,,think it will bounce today

1144
if instead of a small candle today, USO gets a larger red one, then it could be considered as confirmed today

1144
the last 3 candles on USO daily chart: this is a bearish eve star formation. that would be confirmed with a close tomorrow or soon after, with a close under the 3 day low of the pattern.

its a trend reversal pattern that suggests lower

1112
here are my orders for the vse.marketwatch.com portfolio, for open positions, that I will keep while on vacation: 

Sell limit SPXU 36.00
Sell limit AMD 4.44
Sell limit ERY 7.40

I expect that better gains could be achieved, but that's what i've set the profit levels at for now.

1111
oil may be making its wave 3 down now, 15min chart, for those that relate to ewave, wave 3 is the "big one"...tho i dont specifically make trade decisions on ewave myself

1102
oops....DX slice thru the 7925 buy trgt, but has bounced back up to it, nervous traders could exit LOL...tho i see higher dx

1052
or, will add if the 15min chart on oil looks tired, overbought (its not anywhere near that rite now)

1051
if oil bounces high enough, i'll add to oil shorts, else will  just keep existing position in sco

1036
DX longs could work here 7927

1036
3430 is todays stretch trgt lower on USO,,,3805ish on SCO

1035
MM playig games in oil... could see a move in next 1-12 minutes...

1030
but: the biggest moves down come from "failed" breakouts higher, so giving this some time here

1030
theres a lot of support at USO 3500, it is the breakout point on the 60min chart  over the 1/22 and 1/28 highs, but it "only" moved up 50 cents after breaking out, IF that 3500 can break lower, nice follow thru down could happen. but need to respect the support in the meantine

1027
MM lowered the CL bids a lil, 20 cents, may see move lower in CL and higher sco as result, last CL 9717

1017
oil chart pattern on this 60min chart: oil "should" have 4-16 hours of downward bias, but of course it can move higher in the interim, and i dont have the time LOL....4-16hours cash market not futures, 4-16 hours down bias in USO and up in SCO

1014
meanwhile...oil... i'm not happy that MM level is currently at 9700 CL,, but i'll still  give a chance to break lower for the short...it may be tough tho unless they drop that bid...

atm SCO is at 1.1%ish gain, but would like to see oil lower to push the sco gain higher, bought the sco yest, posted here

953
in todays tza prices LOL...theres a BUNCH of Inv Bank resist at the 1440ish level though, large orders likely, meaning its good chance it will make it up there, BUT it may quickly be rejected...retail may need to sell at the 1430ish level, unsure

952
then 1205 and 1440 are the current "next sell levels" on Inv Bank, for tza

951
the Inv banks sell level on the tza is at the approx 1159 tza,,, so it "looks like" they are still accumulating it, for a move later over 1159,,,but prob what will happn is a stall at 1159 as they sell some, a pb to a higher low where they buy, and then over 1159 (swings,,,,multidays weeks)

950
btw, 1120 was an "old" Inv Bank level, so even here is "ok" in tza at 1125...they bought the 1120 too and are holding for higher tza, the Inv Banks

948
for swings, the Investment Banks are MAINTAINING their tza buy level at 1090 TZA,,,yes a trip down there would be painful, but its actually good to have them at 1090 because yest it was at 1070 then they raise to 1090, and they are holding that level despite this pop higher in ES this morn (lower tza this morn)

of course, they may change the levels, will watch to see if changed. also those are Inv Bank level ,, the MM levels are diff

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

354
see the EUR/USD and its distance from the 5 period daily mov avg? its too far. correction lower needed.... same pattern we saw on vix when we bought the uvxy...its stretched... lower eur/usd should send spx iwm metalls all lower,swings

also that euro is in a bear wedge

351
Good news for TZA holders: the Investment Banks have raised their buy levels on TZA to 1090...thats good since they r saying they will buy the prior low, instead of their usual tactic of buying BELOW the lows

i know a trip back down to 1090 might be painful, but its still favorable... will see tomorrow if they raise those levels higher or not

327
for some reason, there is some gentle buying here by MM, they could easily drop that bid and let ES down 6 points, but i didnt want to risk it....they win the game if they drop it and i got out for lower profit

326
taking gains on uvxy here, out early

314
oil at 0.6% loss

314
1137, 1147 tza trgts now...moving target changing lol
but tza has done well today hitting its targets and stalling at each one


305
1147 TZA now possible, today..stretch trgt but MM and INV Bank actions suggest it could make it

303
i have not seen a big green candle on uvxy yet today, why i'm holding it still...havent been big red ones either

253
1492 ES trgt if the 1496 breaks

252
MM trying to sell tza up a lil higher at 1132/34 if they can

251
this es 1497 level has been hit a few times now, and theres enough volume this time of day to break it lower, if it does could give nice move lower,,,watching this impt test here now. might make sense to take profit on half tza and keep half, depending on ones hold timeframe. same for es shorts or uvxy gains

for vse port, i'm just waiting it out, since i cant really scale or layer very much in the vse to keep it simple

247
and, theres tza at 1129 trgt, now 1132/34 trgt (that one keeps changing LOL), may stall here and pb a lil, or not

Inv Bank level still higher at 1153ish for swings

236
TZA is testing its high of day,,,trying for that trgt posted this morn

139
oil making a move? watching for followthru on it lower

121
MM are on sidelines in OIL now, with wide spread between bid and ask...could do anything, chop,,,,,still the charts suggest a pb imo

105
1240 UVXY trgt, for now....may exit sooner and re-enter but thats trgt for now, last 1096
have order in place to sell uvxy if it gets there, may change it later

1238
*1138 not 1132

1238
it would be "better" if they rasied the tza bid instead of ask,,,often its just a test of retail, but watching,,at least they r giving room, however the buy remains lower at 1077ish still

1238
 TZA may POP.........1132
not sure, but MM just raisede up sell level from 1115....often it will move on that

1229
 if scalping, could take a 1% quick gain on UVXY mentioned b4,,,1% in 20 minutes....
i'm holding more uvxy tho, for higher

1221
INV Banks have raised their sell levels in TZA to 1150 from 1130ish, good for tza swings

1220
TZA hit 1115 trgt exactly and backed off...again MM were waiting there...manifested in the shoot star tza

1217
nice, another bear shoot star oil 3min chart,,,watching if these things hold

1216
uvxy waking a bit here, if it continues, may see down in es,,,initial only,,,just waking up not awake yet lol

1210
ES shorts, tza longs, uvxy, could work here imo..idea, tza 1110 uvxy 1097

1207
TZA may do 1115 here, then stall

1206
9764 MM sell level oil

1202
but a scalp shorting setting up,,,giving a few min

1202
150175: es may give a mini bounce there,,,MM waiting to buy it

1200
obviously 9735 is targt but i'll watch to see if it can break it lower,,,obnserve reaction if it gets there

1151
9769 CL is where we migth see another one on a lil pop b4 lower

1150
see that lil shoot star on CL 3min? thats because the MM are selling there...often it will go over it higher b4 lower, but they r selling the oil,,,we often see those a fewminute after the MM sell alert fires

1148
: Inv Bank buy level in oil is 9503, but that applies to swings not scalps

1145
this is what ES russel IWM etc need: the Market makers and Inv Banks selling close to curr price...right now, their sell levels on those market are higher up, same as b4, about 1077ish tza

1144
OIL: the Market Makers are selling HERE gently on oil...it can bounce, but that is very bearish...their ask is pennies above curr prices and they are selling it

1142
tza has 2 lower lows on the 3min...if it can move sideways here, a tza long, or es short or similar could work, not trading it, just ideas

1140
72% sell rang on oil, watching to see if it follows thru, at 9721

1129
very similar setup to other day when i bought UVXY at the close, 10.10ish, for same reason (among other factors)

1129
that EUR/USD is now far from the brief-period small 5 moving average...when that happens, a pb usually occurs (for swings, not scalps), esp when its in a wedge like this and an uptrend...its too far, too stretched...of course its MUCH farther from the 20 MA but the 5 MA is key for "strecthed"

if the EUR/USD moves lower, then likely the spx, slv, gold, metals, oil would move lower as well, and DUST would go back up again

1115
in SCO..........i shorted oil because dollar and oil are both at support resist, and oil has shown some weakness earlier today, and i think that it will retestest that weakness, now that it is at 15min resist on oil

1041
ES is now testing the 1499 area mentioned 930ish...watrching reactions here...it looks bad and looks breakable, but MM have NOT yet MADE their commitment to sell it

1037
if oil moves back up, and the sideways, i'll consider shorting it,,,otherwise i'll just pass for now

1030
 careful on the daytrade shoirts, i'm short too, but the MM are gently buying this a little,,,we could see chop...
they are holding a small bid, to try to push higher again if they can, to short it, but they are net accum shorts not longs atm

10121014
UVXY 1130 is trgt 1


if tza can stay over 1108ish on a pb here, the 1129 trgt is achievable

1009
TZA should stall here, some mild MM selling at 1116

1008
tza is at 15min resist now, but at this time in the morn, its breakable on first try, watching, tho stall may come first here at 1115

1005
market maker sell level trg on tza is somewhere near the high of tza on jan 25

1004
EUR/USD is at resist now...watching that to see if resist holds or it breaks higher:  its relationshipt to spx is inverse atm

1003
TZA trying for its target, but not expecting anything fantastic yet, the MM have only lowered the ask and bids a little on the russel....until they lower at least one of the ask/bid, we will get chop

1001
i want to see where UVXY is at, if ES gets to 1499, nothing complicated, simple prior low on ES

951
9820 and 9870 poss areas to short oil CL, i will not take the 9820 short right away but will observe reaction

933
Market Maker buy/sell levels atm for TZA are 1077 and 1129....expect it will try the 1129 but not sure if it will come today,,, of course the MM levels change during the day, will be watching to see if they raise or lower the bids asks in the spx and russel and nasdaw

930
UVXY gapped up a nice 5%

926
i might be exiting the UVXY today that i bought yest...if its fast i'll just type OUT and then explain later LOL


915
UVXY is trading up at the 1092 pivot here pre-market, up from  1045 close yest....lets see what it does

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 thouthgts

355
exiting sco scalp in vse port

253
74% down bias rang, es 1502 just now

232
if TLT can climb over 11750 today that would be signif,imo

219
IF es tests 1500.25 lower, its likely to break under it after a poss bounce

205
watching what TLT does in 2-3pm hour, often it gives clues to the 3-4pm action in spx es

205
TLT TMF now at swing buy levels, not adding it to vse.marketwatch.com port tho

148
uso hit that 3527 and had a rejection of it, watching to see if it follows thru lower or not, could do one more pop upt to 3532 b4 lower,,,,sometimes the levels work, sometimes they dont, overall imo i have good results from them

138
uso, may break here, watching

132
uso looks like it could go a lil to 3527ish,,,will see if rejected,,,atm thinking it will be, but oil can just move fast both ways

131
watching 3527 USO, under that bearish ,,,,of course could go over it then lower, but # im watching atm,,,over it, i may consider sco exit on sco bounce uso pb

129
MM still selling oil gently, i remain in the sco for now

115
MM continue to gently sell the oil here, intraday,,,if they raise the ask i'll exit the scalp but for now, holding it, also chart pattern looking for under 3522 on uso,,,using sco for the trade as posted b4

1252
MM just raised ask again: may pop higher here, es,, but they r still gently selling it

1245
but the MM "lowered ask" is more bearish than the "lowered bid" as mentinoed earlier, so imo this actino is bearish at lesat untill they change it

1245
unlike earlier this morn, the MM are now gently selling this, price drifint up but reports say they r sellin it, that often leads to lower prices later in the day, but MM may also just continue the gentle selling

1241
lim order to sell SCO 36.60, may change later but order hanging out there in case of sudden move (which can happn in oil), scalp

1231
1127 tza MM equiv sell level, buy level raised to 1099 from 1070 on tza (equiv based on IWM not tza itself)

1224
May see a pop in tza here higher, intraday, Market Maker just changed

1223
trgt is 3506 lower on USO, last 3533

1223
Market Makers gently selling oil, so added to shorts

1223
added more sco. this allows for scalp size position, to take profit on a smaller move

1119
1076 tza remains buy level investment banks

1115
uvxy "should" react to 1093 same way it reacted to 1160 this morn, except this time should bounce up

1109
1070--1115 is UVXY buy zone, imo, last 1112

1103
why did i buy sco (oil short) early? because measure the dist of  first pb and dist of second fast pb...they r almost same...bought hte 2nd lower low (shorted second higher hi in oil)....now oil can go higher first of course, but decided to dip my toe in here, participate if oil doesnt get higher

1056
OIL is now making a higher hi intraday as we expected...not shortable yet but pattern forming as expected...watching it

1051
1497 ES,,,,,,72% short signal rang, scalps sig

1048
bears need to see the MM lower the ask price, or lower the bid, or both....best is if they lower both of course, then if lower ask (means they r shorting), then lower bid (means they are testing retail and daytraders)

1045
3 point pop higher in futures..this is what happens when the MM have a hold up on the bid....only takes a few minutes for it to bounce

1040
for some reason, right now intraday, MM are gently BUYING...i dont think it will last, but it is what it is....until they drop that bid, we wont see an agresswive move lower in spx

it's possible they have the bid up here, in order to "add more shorts" to their positions, that is, hold up markt so they can sell into it, aka distribution

1036
Tuesdays are often "turn days" fwiw, not saying we get one today, but it happens

1020
Important action in VIX for those short SPX:
For the first time since Dec 31, the VIX is "almost ready" to give a VIX sell signal. this suggests the vix and uvxy could creep higher. but the more interesting thing, is this is not as bearish for VIX as it sounds. tho its a sell signal short, it's also the first one in a long time, suggesting that the VIX is deeply oversold. so, this sell signal on vix may result in some sideways movement, maybe a pullback

But more importantly, the VIX has "finally" managed to push itself higher, high enough to get to a swing short signal. This is the first try up, so usually it will stall...but this is potentially very bearish for SPX ...and those short SPX may benefit from this

1011
active traders would have sold the 1160 and bought back the 1153ish quick rejection: usually, it pops over then back under

1008
a minute later, theres the 1160 :)

1007
1149 uvxy hit, see if it does 1160, then 1180 then higher....no reason imo to sell it unless active, because ES looks like its going lower

1004
This chop we are seeing, is characteristic of topping process, tho it can go on awhile,aka, distribution

1002
active traders could prob set a limit for 1160 over the 1150,,,they usually get filled on slight breaks headfakes...active only

1001
UVXY 1150 and 1180 trgts, already hit 1150, may stall on the retest of it, trying to see if can get 1180 or not, poss over 1180

959
if TZA hits 1076 i'd be interested, long tza......Inv Bank buy level, for today only

953
looking for OIL to make a higher hi intaday, then may short the higher hi, possibioity only, not sure atm but watching

932
es had overnite low 1491ish, is one reason why i'm holding the uvxy for a bit...see if es wants to move lower, which should send uvxy higher

930
UVXY has gapped up 2.7% but watching it at the open here, may take profits from yest entry soon

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".

Monday thoughts

351
1495 mini drop bid, may test it


328
in TZA, the MM need to raise their asks up to 1130ish, right now they are at 1103ish  ,,,holdig the tza down until they higher that ask price


326
now MM is gently buying this, i wont add anymore uvxy,,,now the thing to watch is if the MM drop their bids 4 or more points from here,,,or if they keep gently trading this back n forth

324
notice how the ES dropped just a few seconds minute after the MM pulled the bid

320
over 1099, TZA may pop higher,,,above the mkt order a possibiolity there but no action yet, tza needs over 1099 to move, last 1093

319
it they DO pull the bids, then i'll add more UVXY

314
MM buying the 1496, but i think they will pull the bids,,,,tho it wont go down till they lower the bids from 1496 es, could pop higher first

sometimes the 72% signal and the MM reports conflict as they do now,,,waiting to see if there is any change in MM actions

314
72% sell short signal rang, es scalp, at 1497

310
UVXY is moving better than tza for intraday scalps, why i exited the tza iwth a tiny profit before, and switched to uvxy

242
long uvxy

115
sold the tza scalp, mostly becasuse i'm going back out...seee yall later

107
3min charts...first dip lowere here on es will prob be bought, not exiting tza yet, but will exit the tza prob on small scalp profit, and then re-eval entry again, since first pop in tza likely be sold

1251
15min SPY chart has 3 big red candles followed by small green ones up, often a bearish setup

1226
EURO and VIX are partly why i think we get intraday bounce on tza, pb on spx russell,,,also tza is at support test so usually at least gives a mini bounce trhere

1210
later today i may try some UVXY, but i only want UVXY if the ES SPX gets more "stretched"... uvxy could work here but its just so volatile i prefer to trade it when ES SPX is "tired" and its not tired yet intraday on the 15min chart....may get there, wtaching

1155
looking for 1114--1117 tza and see what it does if it gets there, might exit for scalp or keep, unsure

1154
bought TZA

922 AM
Going out for a massage, be back around 1130-1200. Thus, I am:
1. Have order to sell UVXY and take profits at 10.88 if it hits there.

I might cancel the UVXY order later, since I have higher targets for it at 1090, 1150, 1200, and 1300, but since i'll be out this morning, and am also planning a trip, i have the lower sell order set and will look for re-entry later possibly.

Keeping all other swing positinos for now, no other orders.

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 thoughts

Free chat room where we exchange ideas:
http://tradingspot.chatango.com/

346
WOW market makers now actually selling 0.25 points above price

343
MM are trailing tightly in their sells...only 1 point above, bearsih

343
Market Makers have lowered their asks,,,that is, they are shorting into the close here, not aggressively but they have lowered them

340
VSE screen shot from sept.28 till present

About This Game

Game TypeAdvanced

Players1

Start DateSep 28, 12

End DateSep 27, 13

TRADE NOW!

Stats

christhopher stockguy

ME

Rank

1

• Net Worth$119,674.78
• Overall Gains$19,674.78
• Overall Returns19.67%
• Today's Gains0.02%

• Buying Power$95,686.86
• Cash Remaining$0.00
• Cash Borrowed$23,987.92
• Short Reserve$0.00

Portfolio Allocation & Performance

  AMD

  ERY

  SPXU

  UVXY

Ranking

315Market Makers are not aggressively selling this here, until they do, it can be a little more pain for short swings, but everything points to lower spx imo........the reason for the pain is because the MM are accumulating shorts, until they are done accum, then price will stay rangebound,,,,,when they are done accum shorts, then we will see the drop, swings not intraday

classic accumulation/distribution behaviour

308
*allows this flexibiility with UVXY

307
closing zsl in vse port...took profits on zsl...if uvxy does not move then i will hold it overnight, also even if uvxy DOES move i might hold half overnight anyways......closing the ZSL and taking that gain allows this flexibiility with ZSL....

258
MM are supporting SLV at the 30.00 level, wont get much traction in ZSL unless they drop those bids

244
these small candels in zsl,,,,they often "burst"....watching to see if it can surge higher or not
y: 15min chart

214
could this be an exhaustion gap in EUO??? I think it just might be...if so it would be bullish for EUO....notice the daily wedge on EUO

156
now watching to see if MM actually start to LOWER their ask or not,,,they havent yet,,,if they do, would put selling pressure in ES

146
silver waking up, zsl just made higher daily high on it, still holding it for now tho plan to take profits in zsl today

144
Market Makers are gently selling into this, now they will sell a bit more at 1497.75 if they can, nothing agressive

142
FILLED on limit short order, es 1497.25

117
1497.25 i'll short ES...this is NOT a port trade in my vse.marketwatch.com account....

114
(MM already shorted that level earlier today, and they will take more, but they r not chasing it or pushing it lower)

110
these are daytraders selling if this moves lower, NOT the MM,,,they are still hanging at same spot ES,,,intersingt tho that they have NOT raised their ask, at least not yet...if they hold the ask there, its bearish for scalpers

108
Market Maker buy level is currently right below yesterdays low, for spy spx,,,that would be lower target 3 on shorts, with higher smaller interim targets

107
 that MIGHT suggest lower spy, the option activity
: that is, buyers are paying more for those puts now, and spy near its high of day


104
 those puts at 1.50 are now at 1.56/1.57 higher

100
if the 1494 es breaks lower, it shoud be good for uvxy and zsl


100
still watching that 1494 ES...poss failed breakout, if so it would be bearish
 and it looks breakable here soon, coming minutes hour

1249
if ES happens to test 1497.50, i wouldnt be surprised to see a rejection and a shoot star mini form on it, unless the MM raise their ask prices...right now their sell level is right near that area...watching carefully to see if they begin to raise the ask (would be bullish if they did)

1248
ZSL now testing resist as expected,,,still think it breaks this and makes higher hi ,,,but certainly nothing wrong with exiting to lock profit at resist,,,i'll wait tho

zsl may stall here or pb, but waiting for now

1244
Market Maker ASKS right now are close to price than their bids,,its suggests a poss move lower

1244
UVXY   ES may make a move in next 3--9 minutes,,,watching for higher uvxy lower es spy


1238
ZSL i am probably going to exit today and take profits, swing position

1232
3min chart on ES watching to see if 1094 holds. over it ES is bullish, but a move under 1094 would be a failed 3min breakout higher, and often that means a nice move down... failed moves always give the biggest moves

1227
watch EUO,,,see if it trys to fill that big gap,,,i think it will in coming hours days

1227
ZSL continues to act almost perfectly intraday,,,,still trying to get that higher hi on 60m

1224
spy puts are at 1.50 right now...just an experiment to see how they move...i'm not buying them
 NICE thing about SPY puts...the spread is only one penny.... 1.49/1.50

1201
im looking for ZSL to make another higher hi on 60min chart, then i might take profits on it

1157
if spy moves down to 148.50, it will prob be bought on the first test near there. however, if it gets "that far" down, then a move LOWER is expected after the bounce

1156
1491 es looks breakable lower, but will watch reactions if it gets there

1154
72% short ES just rang 149350

1127
if EUO tries to fill that gap, then SILVER should move down nicely, and push ZSL higher, spx lower
its trying nowm but EUO is at intraday resist

1119
that 1494 short posted a min ago, first trgt is 1491,,,then watch close to see if it breaks or holds,,,,scalpers could take a quick gain, otheres would hold a little longer and exit if it doesnt move


1114
ideas: right now, ES short, 3235 spxu long, or 1053 uvxy long could work. i'm still in uvxy from 1044 earlier this morn

1106
if ES gets small candles on 3min chart, it could set up a short scalp entry,,,or a uvxy entry if one prefers that

1105
see that uso 3min chart? big red candles, followed by small green ones,,,its a BEARISH pattern until a lower low is made, not saying to short it here, just an example

1043
meanwhile ZSL approachinng 47ish trgt...will see reaction there

1027
there goes ES....UVXY should pop higher now


1024
i do think ZSL may "catch up" to DUST though... GDX often leads, gdx often lower and then later lower gold silver


1024
when both silver, gold, and spx are all at support, then NUGT may be a buy, inverse of DUST, based on gdx,,,but may take awhile for THAT

1010
.see the 60min bull diver on ERY 60min chart? price:rsi

1009
AMD continues higher, up 4%ish today, made new daily hi

959
ZSL is moving up DESPITE the drop in EUO... i like that...good for ZSL
: like OJ said yest, theres a diff right now between euro and us dollar

955
filled on UVXY

951
no fill yet on uvxy 10.44 lim buy

947
lim buy UVXY 1044 if it drops back a little, else will just run with existing shares for now

944
 UVXY i still have from yest...i plan to scalp UVXY today by buying more shares of it.
no additions yet, but soon. i only trade it when SPX is at extremes

 

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

400
60min and daily RSI on uvxy suggest higher, and spx is getting tired up here

400
see higher uvxy coming,swing
those volumes on UVXY.....suggests sellers may be getting exhausted in the uvxy
also, 60min uvxy chart has had largest green candles in awhile, today

358
i think SPX might gap down tomorrow morning

355
i will keep this UVXY (second time in after exiting before) overnight

322
bought uvxy

256
see those small candles on 15min ES, vs the larger red ones? thats a bearish setup

255
one "might" be able to buy zsl here, and sell tomorrow, tho i plan to hold it longer possibly, but it could be quick swing 1 day thing possibly too

255
ZSL timing analysis suggests another 4-8hours upward bias on zsl (lower for silver) for 930-4-m hours, not futures 24 hours

232
long ERY, starter size position. may add later to it.

220
11.53 is the market maker sell level for tza, and target 1

212
the UVXY may set up a bull flag on the 15min chart that is buyable, its not there yet,,,it would need to move down to form the flag..if it forms it could be the basis for a scalp in uvxy, or a poss swing entry into tza

146
notice ES broek the 1491 support here,,this is what i was talking about b4...when it gets to support and goes sideways too long without a bounce,,,it often breaks lower like this

142
i have an automated, 100% mechanical trading system for swings, that's given about 80% wins in past 7 years, and 15 years... the system has "double topped" before giving a "cover short order".... that is, it said to short on Jan 10, and it said to short again at Jan 22.... this could result in a nice pullback lower in spx, multi week swings

the system does not "layer in"...it only uses the first entry, so it is still short from Jan 10, with a single order to short filled at the close on that day

103
es bounce to 1494 would not be bullish, needs over 1494 to undo this pb bear damaga intraday

1259
ES is spending awhile stalled at 1491 here, where we expected a stall...but failure to bounce by now---imo it has a good chance of breaking lower when the stall is not bought after this muchy time

1257
i still think same as 930am...we may see that bear shoot star today on es day candle

1231
looking for uvxy to get to 1095ish, the 10:00am high, then stall, last 1050

1221
60 min chart...see the candle pattern forming on SDS? bull morn star...bearish eve star on SPY

1218
a few minutes later,,, : and theres UVXY, nice pop, big green candel on 3min chart
:)

1154
UVXY may pop higher nicely now. watching.

1150
72% short signal rang, ES 1496

1130
in vse PORT, i sold the sds and bought UVXY. in my personal port, i'm holding both still.
vse port took a loss on the sds, but needed to sell sds in order to free funds for uvxy. idea is that uvxy will move better intaday, and will result in net profit after covering the sds loss.
uvxy did not make lower lows intraday, when spy made new highs.

1130
long UVXY. sclap.

1003
watching to see if SPY SPX ES put in a daily shooting star bearish candle today or not.

1002
that DUST is something else, it moves. up 12% in 2 days

1001
tza under 1120. will it hit 1101?
those are the Inv Bank buy levels on tza imo

944
silver down nicely. notice how silver "caught up" to oil, as discussed yest


942
i dont usually buy or short this close to the open, but ES is at resist, and had an overnight low near 1483, so i took the short via sds (to distinguish it from longer term spxu trade swing)

941
bought sds. scalp. es 1491

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

343
a close below 1482 or 1476 ES.........could mark the top, for swings, if it gets one

339
: DUST just went over the 3400 trgt, 3425 last

320
in this case, "if" the euro gave a lower low from the flag, it would be significant, because that would be a break of a major support area

320
bear flag on 15min euro futrures chart, often get a second lower low with that pattens

314
UVXY has now moved away from even its 5 period moving averag on daily chart, often stocks will bounce when they do that

244
UVXY lkong

209
hit 3445 uso trgt, 3417 next trgt but it might bounce here first,

207
watching to see now if silver will follow oil lower, think it will

200
still see lower USO, but decided on early exit of SCO on stall here...also have zsl dust euo spxu tza, so dont neeed to keep all these short positions,,,will look for op to re-short oil

took the 1.5% gain and ran

159
out of sco, took profits

141
13292 eur/usd may also prompt and exit of oil, at the eur mini supp

140
.SCO order is in for 3800 in case of sudden surge, but will prob sell it at the lower target on stall after next pop up,,,will remain exposed to benefit from rising dollar and falling euro via the swings in ZSL  EUO  DUST SPXU  TZA which I'll keep, then re-enter oil again later and use the oil as an active vehicle vs. passive in the others

139
looks like market makers selling oil down to 34.50 uso level, still selling it here at 34.75

138
in coming hours days, if USO fills that gap 3430ish lower, its likely to go under 3430, after a bounce first...the gap fill should lead to a subsequent break lower later under the gap

138
normally i'd take some off here, but OIL can really really move once it gets started, so holding it thru any chop for now

132
USO lower trgt 34.52....will take profits on sco if uso gets down there, 3474 last

127
SCO nearing its 1% profit scalp trgt 1 from entry earlier today, but holding for now...valid for scalp and or swing

124
oil down while market up? bearish for spx

122
same TZA Inv Bank buy levels: 1120 and 1100

111
OIL is seeing some selling in it by market makers here,

1224
also, oil daily is stretched, with 2 or 3 new highs. often results in pb

1224
why short oil? made a second higher high on 60min chart, and rising dollar, among other reasons, could push oil lower. also, oil may need to "catch up" with gdx on the downside, since gdx often leads (moves first). also notice  the higher ERY(related to uso as gdx:gold is)

1111
SCO could be a swing in addition to scalp, valid imo, to supplement other port positions

1107
3750 and 3800 initial SCO targets, then 4050

1106
took profits on DUST in vse port. will look to re-enter later.
also will hold the zsl and sco for now, so still have positions that should benefit from continued euro decline or up in us dollar

1137
supplementing portfolio with SCO (oil short) in additino to the dust zsl...perhaps oil can make a bigger move lower, since oil possible stretched here

1106
bought SCO

1055
if EURO bounces, may present an opp to short silver or short gdx, or long dust 3x  zsl 2x dslv 3x
still have swings in all those tho

1047
EUR/USD 1.3310 as a resist level... may be shortable there imo on bounce

1047
actively trading DUST makes sense to take or all off here, less active would just hold the swings

1036
notice how silver moved down, and zsl euo moved up, as euro moved lower

1034
Euro has moved down nicely since 72% alert, and is now approaching mini support, so may stall here, tho still see lower euro (eur/usd)..EUO reacted by moving from 1857 to 1871 in last 15-30 mionutes

1016
EUR/USD just rang 72% sell signal short scalp intraday, at 1.334 or EUO 1857 long sig

1013
1120 and 1098 are the equivalent TZA buy levels, for IWM investment bank sell/short areas

1003
raising DUST trgt to 3404 from 3370, for now, trgt 1 of 8 (mix of scal swing trgt array)

1000
Watching for euro/usd to break under 1.3315, if that happens may see the reaCTINO  in spx metals lower

954
IF the EUO holds and bounces, DUST should also react positively, DUST already up almost 3% today from yest close, could push to 7%

953
i have ES 1476 and 1482 main support numbers intraday

952
EUO is right at support: may see a bounce in EUO here and move lower in SP500 silver gold, IF the supp on EUO holds

930
AMD has gapped up 7% from yest close, after earnings

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 thoughts

401
The multimonth short area target was achieved toady :)

Sept 19, 2012 is where I first mentioned the ES 1488
http://www.blogger.com/blogger.g?blogID=3920010661640677430#editor/target=post;postID=9118289901716156055

400
AMD wont move market of course, but will be interesting to see what it does after earnings rpt

336
even if SPX squeaks higher, this is significant resistance in this area, this level, for swings multiweek, not looking for huge down, but correction, same target as before, fill the SPY gap daily

336
imo its very significant that both ES targets were hit 1466 and 1488, because they were multweeks months targets

330
11.20 is TZA equiv of Investment Banker sell levels, short levels, for the IWM, for last 3 days

236
DUST   ZSL  and DSLV are other options, ways to short the goldminers and silver 2x 3x

233
ES is now cloe to the 1488 target posted over 30 days ago, as short target area #2, close enough imo for multiweek swing shorts to add

1046
EURO is beginning to move, and still think it will cause lower silve gold in coming hours, may take a bit to see the effect... i remain short swing in silver and short gdx, via ZSL and DUST

1039
long CTRP scalp at 24.00

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 thoughts

218
silver has started to pull back a little now, pushing up the zsl, in reaction to the dollar, expected as mentioned this morning,

also the dollar looks like it may make abother move up after an intraday correction, if so then we can really see some nice movement in silver

216
70% short es scalp signal just rang, 1476 es

204
scalping individual stocks short, whose daily hi/low > 1.02, is working well today

158
HPT has moved up nicely higher for the day, but i'm scalping the intraday 15min and 3min charts short on it, for pullback. 3min bear flag. again, the daily is bullish so it's contra-trend trade but 15min chart looks like it could make a lower low

157
shorted HPT, scalp. personal trade but did not put this trade on vse.marketwatch.com port, since that port is near full invested.

1056
EUO looks like trying to test the impt 1878 prior daily high area, bullish euo, may send silver spx oil lower

1054
will actively trader ERY and sell at 7.00 if able for 3.4% gain, may need to sell at 6.9 instead for 2%ish

1053
if if market reacts to higher dollar, and if oil and spx both go down together, then ERY should do well since thats what it is...same with DUST and SPX silver gold

1053
long ERY scalp 6.76

1037
if you like island tops, check out USO oil.. thats a better example than spx, because USO also made a possible exhaustion gap up 2 days ago

1033
DUST: I may actively trade it and sell if it makes a higher hi on 3min chart. often used strategy, sell the second higher high. note on 3min chart DUST made a high, retreated to a higher low, so next i'm looking for a higher high, if able.

Silver ZSL i will trade less actively, using the 60min and daily charts for now as swing, and will hold the ZSL for now unless it makes a very big move to resist (silver supp)


1023
If layering in TZA from prior 1170 buy target, next layer to buy is 11.33.... may be a bit more pain and a trip down there if Investment Banks get their way, Market Makers are accumulating but it often makes it to the Investment Bank levels

1021
Market Makers are gently selling right now intraday, at this level 1475... but the "gentle selling" is often layered, and they will let it drift higher sometimes and just keep selling it softly

they were doing it yest too

1015
notice that us dollar is higher, and silver is also higher:  the dollar usually wins in this situation and sends silver metals commodities lower

excellent risk:reward opp imo, to be shorting silver, esp at this level


948
EUO has borken marginally yest high, needs to get over tues wedn highs to really move up, over 18.78...of course the futures eur/usd and dx and uup and single 1x etfs will give more accurate targets.... if the EUO continues up, it will put selling pressure on spx iwm silver gold


941
still have order to sell DUST at 36.30 if able, may adjust lower 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".

Thurs thoughts

Portfolio Performance Results

1.) Gain of 19,299 for 100k
100k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 19,299 since inception about 3 months ago. This also includes a deduction of $5 per trade for commissions. See yellow links below for details.


2.) Gain of 11,809 for 25k
25k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 11,809 since inception April 2012.  This also includes a deduction of $5 per trade for commissions. See yellow links below for details.

356
i exited tza. i will keep the spxu, all of it probably

346
i'm going to sell the TZA and all or some of the spxu before the close today. i will keep zsl dust and amd.

255
74% scalp short rang, ES 1479


228
im not trading it but uvxy is perking up intraday,,, the 15 and 60min charts on it are bullish: large green candles, followed by smaller red candles, and a higher low

that may cause the spx to fall


137
lim sell DUST 34.40 if able

127
WOW this is very unusual and possibly bearish for the IWM: but the Market Maker BUY levels are now LOWER than the investment bank buy levels. almost always, the Inv Bank levels are lower. This suggests that some Marketmakers are short the IWM, as mentinoed before they aer shorting into this gently. But those MM are not interesting in covering until around 86.77 IWM


118
It's a VERY good sign for shorts that Market Makers are selling into this gently. AND ALSO it is at Investment Banks sell levels. i remain short from 1469 ES on Jan 10...its been 7 days but swing shorts take awhile sometimes

notice that 3 days ago, i said to watch for tza 11.70 level, investment bank level. that level was hit today and gently bought tza there. 1150 tza is next level

but, modest target on first down is 1425 es,,,maybe more later but prob get bought 1425 on first try, will just look at reactions




1244
Market Makers are gently selling into this little by little. Usually that results in lower prices, although it sometimes takes 1-5 days. And some prior Investment Bank sell levels have also been hit


1229
1477 ES,,,70% scalp short ES signal just rang, tho usually entry makes more sense 72--78%

1218
EUO is trying to move higher here on 15min chart. this can push silver gold and spx lower. goal is to have EUO close over yesterdays high, which it prob wont do today, but may test 1867--1875

Todays gap down in SLV correlates with yesterdays rise in EUO

1140
long tza 1167

1045
a purely mechanical auto trade system, that uses both long and short, is profitable for the last 10 years, and the last 6 years, says remain short for multiday multiweek holding times. historically this has produced better gains long than short, and in fact the short trades are basically hedges but always are taken nonetheless, and sometimes a huge year comes as a result. i will try to post the trade history on the system later.

that does not mean that THIS short will be profitable, maybe it will take a loss, but if taking all the trades long and short, the net is profitable

the system is never long and short the spx at the same time, and it uses SPY not russel

1017
in DUST 33.35

1010
lim buy DUST 3345

953
i have an order to buy TZA, good today only, at 11.51.  I may later consider buying at that 1170 trgt, but not yet.


8:55
TZA is near yesterdays posted buy target of 11.70, last 11.79, but I will not buy TZA yet. Will wait to buy it since it may want to go under 11.63.

8:47 AM
ZSL is trading higher pre-market near 46.50. For now, I have an order to sell ZSL at 47.89 (from yesterday buy at 46.12).
I'll see how it acts in the first 5-60 minutes of trading from 9:30--10:30, and may exit at a lower profit if the 47.89 is not hit.

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".

Performance Results: $ Gains of 19,000 and $11,000

Portfolio Performance Results

1.) Gain of 19,299 for 100k
100k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 19,299 since inception about 3 months ago. This also includes a deduction of $5 per trade for commissions.


2.) Gain of 11,809 for 25k
25k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 11,809 since inception April 2012.  This also includes a deduction of $5 per trade for commissions.

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 post

401
EUO closed right at resistance, accompanied by a bullish morning star daily pattern 4 days, often when that happens, the resist will break higher, if so bullish for EUO and bearish for metals spx

355
a last minute surge up EUO, accompanied by not much movement on ES from here, would be very ideal if swing short, though EUO doesnt look like it will do it

351
exited cern small profit near breakeven, dud
i changed mind and will take profits on DUST today and keep zsl overnight

350
I will exit CERN sclp by 3:59 today

341
Investment banks want tza at 1470 if they can get it, buy level for last 2 days tho never hit

333
imo, better for shorts if the spx does NOT sell off today (swing)

317
I wanted to take profits on DUST today but unless it moves higher, i will keep this swing. it's in the profit zone, but should go higher than this.

Also I plan to keep the ZSL as well, unless it moves.
I believe that the bullish action on the EUO will push gold spx silver down, and DUST and ZSL higher.

209
spx:  more probable that over 1474 would happen in the morning not at close, but who knows?
still see lower spx, and remain in the spxu swing

141
bounced off support, glad i exited the SQQQ  for small gain. the small gain is better than breakeven, which is where it is now

118
AMD is now challenging its prior 5 day high 2.77, expecting higher AMD in coming days weeks

101
on narrow range days like this, it often works well to scan for stocks whose high/low of day > 1.02 (2%), and then look at those for opps for daytrading

100
went scalp long CERN at 7895. could also be a swiung

1246
took smallo gain on SQQQ

1240
if Market Makers raise their ask price,,,price will go up without need to raise the bid...havent raised asks yet tho

1240
i might exit SQQQ in next 3--60 minutes, watching it. only small profit on narrow range day if i exit....take what comes...better than a loss..watching a bit longer


1209
1466/1468 adjusted es range,changed

1202
ES 1466--1467.50: break of either has a bias to continue shortly in dir of break

1201
wow only a half point spread between buy and sell levels market makers, very rare, and might produce a sudden move, watching

1158
very tight Market Maker buy sell levels, means they r in algo trade mode...watching for a move in the bid or ask that may give clue to the direction of break. atm, bias lower intraday

1154
1467 es, 72% short bias scalp signal rang

1139
added more zsl, almost same price as before,just want mor shares for scalp pop

1133
looking for EUO to close above yesterdays high. that would confirm the morning star candle formation posted yest. if it does, bullish for euo, which could send spx iwm nicely lower.

1130
tza 11.70 is still a buy level it it drops down there, might buy, unsure. also might not make it there either.

1102
further, the QQQ have fallen back "inside' the flag after breaking it higher, another swing bearish sign

1102
If you look at QQQ chart from dec 28 until jan 9, you see a bull flag that broke out. HOWEVER, it is having the look of a failed breakout, since no new real highs have been made since the "flag" broke higher.  QQQ may be headed to 65.00, last 66.84

1057
i saw some MarketMaker lowering the ask price on silver, which is why i took zsl near .09 instead of .03

1056
long ZSL, in a bit higher

1027
long SQQQ

1017
watching for a second higher high on 3min charts in silver, to short at second high if possible, near 33.40ish slv, using ZSL

1008
i will buy ZSL limit 46.03, above the 42.90 pullback target, good only for today

957
i'm looking for entry in ZSL but no entry yet, for scalp.


935
44.90 GDX market maker level lower, trying for that in the DUST, if able

933
DUST is outperforming TZA:  Dust up 2.5% today since yest, vs 1% tza

908
I have an order to take profits on DUST swing at 33.70 if it gets there. may adjust the target later, but for now let's see if it pops nicely at the open or not. if so, i'll take the profit and exit.

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".