Wednesday, March 6, 2013

Wednj thoughts

318
not planning to exit any UVXY b4 VXX 22.90/2300 ish,,,,prob 10.00ish UVXY

304
VXX trgt: 29 swing :) ...if it makes it, will be awesome... 30% profit trgt

250
i like UVXY for a swing...i'm keeeping most if not all of it
if it surges by 4pm i'll sell part of it not all of it

245
GDX candle, if it closes at or over here, will be very bullish and poss mark bottom. also would be a key reversal day candle, with a  lower low and a higher hi in same day with close near highs

242
MM gently selling this here, the russel ,their buy level is near the 15min boll band lower

229
Look at UCO oil daily candle,, GDX daily :)

203
oil may be waking up...uco green candle up to resist test.looks breakable higher uco

159
MM now selling the russel finally...may see the UVXY and TZA react

153
MM changed...may see the 1016 tza now soon

115
added 1000 more shares uvxy in VSEport... this was NOT cuz MM lowered their ask,,,its because of US dollar DX futures

102
VIX calls at 1.90...just be interesting to see what they do, not trading them
VXX calls at 1.16

1258
MM buying a bit here...may see one more pop in ES, then down
if so, uvxy additions may present opp

1255
grr wishing UVXY would go down so i can buy more....MM still didnt lower ask in russel so not adding...have 2000 shares atm UVXY in vse

1244
as soon as MM lower their asks to sell a lil, i'll add more UVXY,,,if it happens in next hour

1234
if tza hits 1014 today it would be good for tza, EVEN IF it pulls back from there,,,shows the MM acting "as expected"

1221
uvxy buyable again if missed first opp..tho would use less shares here since higher pricee

1219
also US dollar is at resist here, a lil higher...reaction here impt in DX UUP

1217
MM testing retail now to see if they will buy up to days high in spy iwm...if so they will sell up there,,,else they will sell more down here, but they are now hanging out near days highs

if daytraders retail doesnt step in to buy the MM will likely sell more

1214
MM still selling this here under new lows

1208
10.00 and 10.18 trgts UVXY...watching...highered the trgt abit....will see what happens here,,,up nicely

11551202
:) broke lower right after 74% rang


74% ES short signal just rang, 1540 ES

1154
WOW the MM playing games now,,,how fun LOL,,,back selling

1152
MM now stopped selling and tza buy level now at 990 again...but its bearish that they jumped in and sold a lil there--was first time all day today, and they didnt do it yest

11301143
MM still selling this, here near lows of day...

1130
that MM action suggests ES may break here on this test of days lows...within minutes

1128
*** MM are gently selling here, not muhc, BUT this is first time they have sold all day...
may see a nice move in uvxy

1127
TZA 1012 trgt now...MM loosed up a bit to give lil room intraday...still 1030 main Inv Bank trgt tza

1109
THIS IS HOW BULL TRAPS COME THOUGH...when market makers and Investment Banks act "like this"....

1109
tza range still 975--1030ish..approx MM numbers as they keep chaning them

1109
tho this "looks bad" on ES chart intrady,,the Market Makers are STILL holding their bids, that suggests more chop in coming days...the MM are not done either buying or "selling" distributing...either way they are not ready to let the ES SPX fall hard...yet....will be watching closely, tho the 4pm is STILL on a sell short swing setup

1059
VXX is still buyable even here, for swings imo....percent on vxx will be less than uvxy so personally i buy more shares of vxx instead of uvxy--they are both subject to decay on swings but vxx decays less

1059
uvxy MIGHT soar today, will watch...poss 7% move today tho trgt is around 5%ish...but have added more shares so even 5% will be nice

10525
added 1000 more UVXY

1046
NUGT may go higher, but its at trgt, and following the plan...took profits on scalp piece,still have the swing piece

1041
if 3675==3700 GDX i might do a quick exit on the NUGT scalp, and will hold the swing piece longer
Market Makers have been adjusting their sell level in GDX in that area last few days

1038
same trgt still on uvxy --10.00ish first trgt, near gap fill, last 960

1029
1000 shares bought uvxy, may add more later

1009
TZA is still vulnerable to 975 atm....the range is 975--1030 on it, so MM will try to push it to one of those numbers, not sure which one first, the 975 may not be made and they may be happy at 980 or even todays low...but atm they r still trying 975 tza

948
we are seeing that choppiness talked about b4....thats a "good thing" tho because things going "as expected"

938
vse port has: 1000 shares of VXX, 4000 NUGT, 1000 TZA, 1500 UCO. it is about 50-60% in cash atm, so room to buy more positinos, since gains were taken last few days, but not rushing into anything just to fill the port

That's the vse port
http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings
 
, not my personal account


931
tza resist 1010. if it gets there, may be able to buy pb after stall if it does so

930
977 new buy trgt area for tza, then mayb 985 if 977 not hit

926
based on yest data, we have more choppiness and volatility today than yest

925
it will be interesting to see what Market Makers do with their buy sell levels during the first 15minutes today, and then during the first hour

920
 it may take time, but GDX trgt is 41 or about 15% bounce, that would put NUGT at 30-45% depending on the nugt decay...but i'm trading the nugt actively,could take  multiweek months for gdx to get there

915
I'm still looking at 985-988 to buy tza---it was yesteerdays market maker buy level....if not hit will just keep what i have....just bought yesterday the first piece



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:


Stats

  • Net Worth$129,372.32
  • Overall Gains$29,372.32
  • Overall Returns29.37%
  • Today's Gains0.02%
  • Buying Power$154,032.63
  • Cash Remaining$24,660.32
  • Cash Borrowed$0.00
  • Short Reserve$0.00
Portfolio Allocation & Performance

  AMD

  NUGT

  TZA

  UCO

  VXX

Portfolio


Symbol
Last &
Change
Gain/Loss
% Holdings &
Shares / Type
5 Day ChartPlayers Holding

AMD

$2.45
0.02 / 0.62
$12,225.00
-4,820 / -28.28
5,000 / Buy

F
M
T
W
1

NUGT

$4.77
-0.08 / -1.65
$19,080.00
-2,553 / -11.80
4,000 / Buy

F
M
T
W
1

TZA

$9.96
-0.10 / -1.02
$9,957.00
-195.80 / -1.93
1,000 / Buy

F
M
T
W
1

UCO

$27.58
-0.40 / -1.43
$41,370.00
-1,454 / -3.40
1,500 / Buy

F
M
T
W
1

VXX

$22.08
-0.20 / -0.90
$22,080.00
-1,025 / -4.44
1,000 / Buy

F
M
T
W
1

* 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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