Friday, January 25, 2013

Friday thoughts


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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

  • 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 


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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