thurs thoughts

358
bought UPRO swing, via 4pm system alert to go long

350
but yesterday, we did post that 4pm system is close to giving a long entry yest, and that  OFTEN THE BIGGEST MOVE COMES RIGHT NEAR the ALMOST...we def saw that today

349
this bounce...it may negate the 4pm sys signal long...waiting until 355

346
WARNING: on long side, 4pm system has 100% wins this year...its susceptible to a loss as it generally does 78-84% each yr winning trades

but i'm taking the trade....actually my computer's programmed to automatically take it...i just take them all, win or lose

344
I'm going to buy some UPRO at 3:55....still keeping the vxx uvxy multi week position though, and selling the quick trade vxx uvxy today for 8%ish gain

343
: the 4PM system is going to trigger a "go long" today at 3:55pm unless SPY surges higher first...swing system

 i still see lower spx later, for longer term view,,,but 4pm sys saying bounce

329
VXX UVXY testing their highs...will they break higher into the close?
holding for higher

304
gdx 3045  3075 trgt...will prob stall at 3075 and that may be its max today...hard to tell.

IDEA:  take profit on gdx if it hits 30.14, or at 4pm


301
will probably take of the "quick trade" in VXX UVXY today, but plan on keeping the mid term swing hold multiweeks for same vxx trgts over 17, even poss much higher

UVXY quick trade will give 8% gain at curr price, but could pop up to 20%ish area...so waiting until 330--400 to sell it

250
OPTIONS:  USO puts could work here near 38.25 USO.   If USO goes lower, the puts will increase in value

249
uso right now, daily candle, has a bearish hang man. still short oil via sco

229
NUGT up another 16% in one day today LOL...
NUGT hit Inv Bank level 970 posted this morn,,they set next level 10.02

1002
1650 area on ES trgt, same as its been, no changes

1001
still another 12 points-ish lower on ES

1000
spx shorts swing trade:  165.40 SPY trgt, will prob take of spxu and vxx swings there,,,will still hold some for lowers spy tho

956
could see 16.40 vxx today...above 1545...watching

955
1545 vxx trgt 1....over 17 later...various targets depending on ones hold time

954
nugt gdx very volatile this morn...moving down now...but very high vol green 15min candle at 930am

949
also the "gift" posted other day on vxx 14.34 hasn't looked back lower, up nicely here now, waiting to sell it tho

946
SCO still buyable here imo to short oil,,,,or short of USO...i remain short oil from yest

945
notice where it took off from...right near 7.90...yest posted Inv Bank buy level

942
Inv Bank sell areas for NUGT
914 NUGT trgt area, last 836
970 NUGT after 914

941
NUGT has taken off out of the gate this morn despite gap down, why i always like to keep half of it until the real targets are hit above, swing

* 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".