Tues thoughts

358
for swing shorts looking for larger moves lower in SPX, what they need is some small green daily candles in spx es spy...NOT like the big green Aug 22 candle

SPX appears to be topping but it can keep bouning up and down, frustrating both longs and shorts
THAT aug 22 green candle, imo, suggests that another bounce is coming on SPX,,,and opp for trapped shorts to exit and look to re-enter later

Big green daily candles say "distribution" but "not done dist yet"...the small green candles are signs that distrib is getting tired, in general, and that big boys are nearly done dist

346
UPRO 65.90 in

345
4pm swing system signalled new "buy spx long upro" right here
so, i'm in upro XIV.  it's "hard" to buy on such a big red candle, but trusting the system.

307
and es may see 1642,today
last 1632

250
bought nugt, swing, 9180

241
shorted uvxy vxx....es 1630 sup

240
went long XIV 24.16, shorted uvxy vxx

202
out .22 uvxy, hit stop, .06 last
still have 25% of shares left...that was just partial profit taking on stop...

157
will just keep manually trailing it but will not post them all here
ES susceptible to "try" to retest higher today, given the shoot star daily candle, so being cautious on intraday piece of uvxy here....

156
43.08 stop on 25% uvxy..v tite and may be hit..protecting gains

137
ES 1595--1610 trgt if ES breaks 1630. right now its holding support in 1630 area, but if that breaks...

128
also i'm likely to re-enter longside spx at 4pm today....4pm sys will likely signal a long re-entry, after it said to take small profits yest on upro spx

it does not usually exit one day and then re-enter the next day, 4pm sys, but looks like it will do so today....still see LOWER spx for longer holdtimes, 4pm likely signaling a brief swing bounce, if it's accurate

126
Inv Bank UVXY sell level tier 1 approx 43.70, tier 2 is 45.88, i'm selling a lil under tier 2 if poss
but stall expected tier 1 4370

125
raised order to sell at 45.70 UVXY, 25% of shares, for now, may sell at prev posted 44, or lower

932
lim order to sell more uvxy 44

919
GDX NUGT are also up but i'm holding THAT swing for even higher....no actions or exits there

OIL is also up today but imo still shortable swing, same plan, holding the oil shorts and if it gets 112--114 are then i will add more shorts to the position

916
UVXY swing finallly at target 1, took profits on half of it
big decline on ES SPX premarket, es down 17 points but its also near support...es could break support but given a 10% pop on UVXY, took some off...UVXY could hit 15% higher 44ish but will see

* 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".