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
For details on the portfolio see this posting:
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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