Thurs thoughts

358
exited DUST 32.87 near breakeven small profit. will re-eval tomorrow. was not able to exit in vse port because it does not allow afterhours tades, and i exited here at 3:58

355
will take profit on DUST at 33.00 if it hits that today,else hold

252
dust is scalp, spxu swing

251
bought DUST

235
nevertheless, techinically the daily SPY is in bullish consolod on the daily chart candles, until it gets a close below the daily lows, but "up here" intial shorts offer appropriate risk:reward imo

235
also a move under 8700 IWM gives a short signal using some systems.
8700 iwm was the short pivot from 2 weeks ago: when price goes above the pivot and reverses below it again, it gives a short signal, on that system

232
IMO, the large cap multi national DOW components are going to be hurt more by the US Dollar than the small caps

232
instead of DOW or IWM russel, i decided to take the "middle road" to short, the large cap spx but has mix of smaller cap behaving companies. DOW may actually fall more percent-wise, though i know many believe russell will go harder. so i took the middle road via spx

231
agree--ES does need to close under 1445 to get any real traction lower, i may add higher, or add on break lower, as have been posting several days

225
in short via SPXU long, finally, initial entry and i may add to it
Yesterday i mentioned that timing analysis suggested another 4-8 hours up bias, which is what we got today. SPY ES SPX may still hit the higher targets, but i've decided to build an initial positino short here.

213
took small profit on UPRO. better than a loss. still see higher but not worth risk holding

128
if SLV got to 30.04 or 30.50 today, that would be a nice gift, tho prob wont make it there, but watching to see if i can sell AGQ near those levels, near 47.50 AGQ which is origin swiong trgt 1

126
however the market makers have "layered" their sell leveles on silver, to allow it to possibly drift higher and sell a little at each level. will be watching reactions at those levels, as well as price resist levels, trendlines, rsi, macd on silver.

126
30.12 intraday SLV trgt, last 2992, market maker sell level 3012

106
silver has made new daily high as expected. upro continues higher as well

1200
NUGT up 6% from yest and likely to make higher highs, agq silver up 3% also see higher

1136
may take gains in upro in next 15-30 minutes, unsure

1037
long upro, initial entry may add

1034
theres the lower low from 3min roadmap, now watching for maybe a bit lower, or sideways on 3min, sideways may give a chance to scalp long, waiting

1016
that was mini bounce. now looking for lower low, es

953
spx iwm spy 3min chart possible formation: mini bounce here, then lower low that could be scalped long, then higher into the swing target short range

931
as suggested yesterdays posting, silver AGQ has popped nicely up 2.3% today, still see the higher silver targets swing but will be watching it. NUGT up 4% from yest

931
higher this morn was expected, as SPY post from yest suggested another 4-hrs upside bias on 60min charts


930
I will probably short SPY at 148 or buy SPXU at 33.60, if it hits those targets. SPX will need to increase about another 1.36% from yesterday's close in order to hit those short targets higher.

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".