Thursday, March 7, 2013

Thurs thoughts

400
tza hit 980 close to 975/970 area...will see what happns tomorrow

354
937 lim sell 2000 shrs uvxy

353
Inv Banks want 1025 tza instead

352
989 and 994 are MM sell levels in the tza

349
daytraders or retail buying this now, NOT the MM

346
tza should test 989...

344
ES moving a lil lower,,,but have NOT lowered bid MM

340
dollar DX is certainly in a dangerous position now. yes it is at support, but hanging by a thread at support with a big red candle in a daily move that looks like it needs a break

339
often but not guaranteed: when they hold the bid like this allllllllllllllllll day long, a pullback usually comes after

327
still buying it, why we see the tza lil lower...right at levle
the MM might drop the bid before 345pm today tho...will see....

324
may let it to 992/993...that area watching reaction

323
heres the expected test on the tza 988 989 :)...now watch reaction...MM buying it atm

322
above the mrkt long 927 UVXY could work,,,on resist break only,,923 last


320
this is NOT the MM buying this lil push...they are waiting at 1543 es atm

317
tza should bounce to 988 but want to see reaction...rejected there?

317
if they do drop the bid, might jump back in UVXY quickly///

316
ES back at resist high...watching to see if MM drop those bids or not up here...thus far the MM are HOLDING the bid here bullishly

308
if tza get 970 tyoday i'll buy it,swing

307
if tza saw 970 today then a close near 983,,,would be perfect...so that prob wont happn

258
543 nugt i might take a quick exit and look to reload..will watch reaction at resis there
 scalp piece not swing

243
Nasty candle in DX us dollar and UUP daily candl...but nugt silver gold oil vxx uvxy should benefit from it,swing

234
NUGT...may not go lower today...back over its #
 still buyable imo here 527

233
wow UVXY went back down,,,why we exited when TZA hit the MM buy levels......still see higher uvxy tho and buyable here for swing even poss scalp,,still have half,,,this is what happens when MM just keep holding the bid in the russel or spx

229
IWM getting that lil bounce...those MM holding it is why

222
bought NUGT 1000 shares more 527..changed mind close enuf

214
sold 3000 uvxy....keeping 3000 shares....posted b4 might exit half when tza got 995 and i do NOT like the MM sitting there

203
ES "should" break lower on this chart...but MM stubbornly buying the russell..not a lot but holding the bid there...still watching if they drop it

201
atm the charts and MM actions are contradicting each other,,,something may happn here soon

145
ES 3min chart looks like it should break support here, but MM still have a bid in the russel 3 min lows

138
MM just will NOT remove the bid tho,...they are "holding it up" tho its moving lower a lil,,,,need to drop that bid else no big moves...why being cautious with this UVXY

136
995 tza may take half of uvxy off and keep half,,not sure,,watching

133
chek out 3min UVXY :)

124
MM still buying tho,,,no down until they drop the bid or ask...but 72% warns they may pull the bids..watching, nothing yet

123
72% ES short rang here 1544, and long UVXY rang

1256
cancelled nugt and tza orders for now

1256
vse port....long 3000 UVXY


1220
1541.25 ES test expected...MM waiting there to buy

1218
Inv Banks want NUGT 525...one reason i have order there if able to get a fill

1216
Bigger guys,,,Investment Banks...waiting for 1531 ES instead...thats their buy level/cover short

1201
976/1006 TZA buy sell range now

1200
MM are now selling it.... to the MM buy level...trading style if u notice the buy sell range

1159
MM dropped bid to 1541 ES...930am low near

1147
have lim order to buy NUGT 5.27...with room to add more later....just 1000 shares for now in VSE

1143
GDX 3701 MM buy level, but think it might go for 3677 so will watch there for nugt gdx

1120
973 tza would be: buy the second low (15min chart), IF the second low is at support, and 973 is support imo, so will see what happens, may not get filled

1116
just put in lim order to buy tza 9.73 if it gets down there, good today only

1109
MM are BUYING at the highs, 1544 ,now
break higher likely,,,may get that 975 tza lower

10531058
u dont see it in ES but MM are buying individ stocks here at 1543 ES
 u wont see it in the ES volume or time sales
1053
first test of 1542 "should" hold if happens within 9 minutes,,,with MM bid there, but im not trading this, just watching

1044
MM actions suggest they are trying to push TZA to 975 if able, and they want to sell tza at 1025/1030---pattern for 3 days now,,,,if unable to get the 975 then they will start buying tza earlier (selling russl earlier)

1043
MM buying right at 1543 es,for now

1039
atm, MM are holding the bid here, will see if they drop it, no down harfd until they do so

1035
resist is resist until broken, so es "should" pb here in a bit,....just throwing out alternatives

1035
1547 ES followed by under 1544 within 2 hours would be very bearish ES,,,clasicc headfake move

1035
if 975 tza...might be the spot to add UVXY...will see

1035
ES testing prior high here resist,,,watching
this could actually break a lil higher so not get too exciteds at resist test, am on sidelines on THIS test


1005
Market makers STILL want that 975/977 tza,,they r trying real hard to get it there...i think that would be the "bottom" but not in business of tryinhg to pick tops bottoms,,,but they have been trying for 3 days without success...its likely to bounce if it does get there since its taking them a  lil while to get it

thats one reason why i have NOT added to small TZA swing position i have...will wait this out for now, and continue trading the oil silver vix gdx etc along with sp500 russell

957
*** watch for a break under DX 81.75/81.90...that could give fireworks in higher silver oil gold gdx uvxy...may not come today but if THAT level breaks...

942
UVXY still buyable even here at 950


941
tza first mini trgt 1010 then stall there, then other trgts same higher lower buy sell levles

931
tza is still vulnerable to 975/980....will be watching that, then sell trgt still 1014 and 1030 approx

925
 if u shorted yest DX at posting, its up $400 per contract now,on a $1,045 invesment on DX futures

924
anyone see the US dollar DX UUP? :)



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* 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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