Friday thoughts

403
good weekend all. since uvxy short didnt hit lower trgt, kept half of UVXY short, and took 8% same day trade gain on other half

345
Investment Banks dropped ask (bearish for vxx) on VXX to 2214 from 2250 so holding the uvxy vxx shorts a bit here

apparently Inv Banks willing to sell or short vxx at 2214 area instead of 2250, even if a trip back up to 2250 comes

331
short UVXY approaching the 12% trgt, not there yet...getting closer now, may hit it today. either way i'll take 8-12% gains today on half or all the shares... still have the long term NUGT and other positions for alt start hold longer time

327
Investment Bank Buy/Sell levels for today and tomorrow for SPY are 155 and 164...with bias toward approaching 164 up bias tho may not make 164 in 2 days

312
UVXY shorts now at 8% gain from posted entry this morn. will take half or all of it off today.
still waiting on prev posted targets for uvxy near 12% but stops in place to protect sudden move

114
21.17 vxx and 76.30 uvxy i'll take profits on shorts if gets there, from 8580 uvxy entry for a quick 12% profit


1259
1586 next ES resist, with momentum up if over 1590

1258
ES broke the 1579 trgt from b4 and quick pop to 1584 last

1215
if ES can get 1579 then it should pop higher again, all scalps,,,,not at the beach today so doing a lil trading intraday lol

1212
8580 uvxy short here

1207
1576 ES broke higher. intraday bullish for bounce as result. scalp view.

1046
UPRO quick trade setup long spx on 5 min charts, scalp, at 1581 ES, upro 6060
or vxx short 22.43, or short uvxy or long xiv

1022
NUGT buy levels 6.18 and 5.87 Investment Bank. Sell Levels 6.55 and 6.72 and 8.01. Mid term multi weeks months I think its going to 12....and then higher...sounds like a big move but we've seen this happen many times before

1018
mid term,,,,still see lower spx, maybe 1400, but thats entirely diff strategy that holds for weeks months

1013
**** 4 PM swing system, says that spx likely to go over 1628 spx, though it might go lower first. 4pm system longside is 100% wins in 2013, and 70-80% wins since year 2000.

I don't have shorts, but if i did, i would trail the stop and exit when spx starts going up. If shorts are in profit zone, use trail stop to take profits. And if underwater, take the loss and go long.

"Feels risky" going long, but i trust the 100% win rate this year, and 70-80% win rate since year 2000. I use UPRO for longs.

939
but buys sell levels for UVXY at 66 and 91...will take a position long or short in uvxy if it hits either today or tomorrow, and re-enter uvxy...after locking gains test of 27% profit

934

UVXY dropped today, expected per yest posting ,, down 7%, SPX has bounced

* 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".