Mon thoughts

354
VXX UVXY moving up....may end up exiting the VXX UVXY swings before the UPRO swing

when i did the last upro, i mentioned it was based on 4pm swing system alert, mentioned it looked early and this one might be first 4pm loss of year on longs...but took it, trusting the system.


341
may be leaving $$$ on the table by early DUST exit...GDX can move wicked in the last 15minutes...but this really was just a quick trade from the start

340
still think GDX can drop to 28.77 but would rather wait to see if it gets there to buy gdx or nugt there,,,,vs. holding the DUST, when my bias is upside for gdx and lower for DUST in the mid term timeframe

337
taking profits on DUST 3% gain
may go higher but it was only intended as a quick trade...bought this morning

322
still holding dust tho for higher dust lower gdx in short term, and holding nugt for longer term higher gdx

320
GDX puts up 10% since idea posted early this morn...

312
GDX is acting very bullishly here, but it seems to "need" to drop a little more on its 15 and 60min chart, failure to go below 29.30 would be esp bullish, but expecting a drop under that...would still be bullish and would presnet buying opp for swings

still holding the quicktrade on DUST (short gdx) but see higher gdx later

112
i'm keeping my gdx and nugt trades longside swing for longer hold time, thru this "noise"

110
I'm not trading them, because i'm using DUST, but i like GDX puts here...quick trade not multiweek swing.
GDX puts are at 1.29 / 1.31

GDX (Weekly) Sep 6 2013 30 Put

103
the daily 3 day pattern on USO oil is v similar to bearish evening star candle pattern

1218
GDX 30 puts are at 1.33
GDX (Weekly) Sep 6 2013 30 Put

1210
added more DUST here...quick trade...still holding nugt gdx swings

1114
Cancelled DUST order to sell, will do manually, still same trgt but want to watch it if it gets there, since it could run through the target...still think longside is setting up on gdx in time

1036
5049 trgt, and order in to sell dust there

1035
FILLED on the DUST, 4930

1034
i'm going to try to get DUST lower, but have an order above mkt to buy at 49.31 if it goes higher b4 lower,,,fast trade ...

1030
2985 GDX might present a fast trade to short, or long DUST, but for swings i'm sticking to GDX NUGT long, unless hold time on the short is small 4-16 hours

1025
MM ran away fomr 931 up to 947 nugt sell...the old 931 may still stall tho

1024
15min on nugt chart starting to base...will prob quicktrade it but waiting on pb on 5min and 15min charts

1012
4pm system (swings) still is on long spx spy upro, triggered near this price 1-2 days ago, still valid
i remain long spy upro,,,,still have the vxx but the strat on the vxx is diff, vxx uvxy trade not based on the 4pm sys...still believe that the vxx uvxy and upro will all turn profits...

1010
for swings: oil short areas are 116, 109, 108, 107.50, or here at 107.10

1006
i CANCELLED:   nugt gdx at gdx 28.77, good until 1PM
still think its valid trade, but i'll do this manually instead, maybe:


1002
MM not Inv Bank...have bought some at 2930--2970 gdx....tho waiting on the inv bank lower level to add, or sideways candles

1001
but i have 25% size on gdx quick trade already, and 50%  in multiweek hold...if i didnt have the 25% i'd be buying it here at 29.50ish gdx, this price area its trading at now

945
Inv Banks have buy levels 28.65 GDX ...
i have an order to buy nugt gdx at gdx 28.77, good until 1PM

943
the 50 MA on 60min gdx is 27.96

942
watch oil today for move under 106 (or under 38 USO_), and move under 105 in coming days would suggest 102 and then a break of 102 lower,,,,or lower USO and higher SCO

940
GDX now testing its 20MA on 60m chart

929
overnight oil futures tested fridays low, marginally broke it, and have bounced up....but another visit down there after this bounce finishes would make sense, and eventual break lower. i remain short oil uso via SCO

* 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".