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".