Monday, January 7, 2013

Monday thoughts

359
out of NUGT scalp, took loss on second one

343
986 will sell nugt if filled

321
next 30-40 points on spx above has resist levels in it

321
lots of resist "up here" on spx spy daily charts, but could still creep higher to the 2 next hifher resist levels

1153
poss bounce here intraday on ES 1453

1134
NUGT in large port, bought back the half that i took profit on earlier, back to full size scalp,,,,small port was not able to weave in and out, still holding orig scalp fromt his morn

1051
first trgt scalp just hit nugt gdx, holding half for higher targets
that's what often happens shortly after MM raise bid, as posted 3 minutes ago :)

1048
MM raised bids on gdx a bit, should be good intraday for gdx nugt

1046
AMD moving up, has broken out of range daily with new highs over 2.60, last 2.68, for 3.00 and 4.40 targets,swing

1034
added GDX NUGT more

1025
GDX levels: Market Maker = 44.70--44.96 and Investment Banks = 43.40---46.02

1023
just bought nugt for scalp. i will add more possibly later, half size scalp position

1019
i plan to swing short SPX 10% of my portfolio, on a close below those recent daily lows.
CLOSE only,not intraday.
or, at the 1488 ES higher target if it gets there.

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".

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