wedn

416
4pm sys gave a "take profits on shorts" signal
and "go long signal"....tho it seems hard to go long here, thats signal
so i bought some upro

246
prev posted numbers and behavior in gold and silver need to hold in order for vdx trade to stay valid...thus far all acting as expected, and lower before higher would be ok and not invalidate it unless the previous post gold silver is invalid

218
it's already poked above 1967 once today...later in day a piercing should bring it to 20.10 / 20.30 area next for another stall and digestion. later 22 trgt. slv

slv silver is volatile, but les volatile than gdx. one could also use the 2x and 3x etfs on silver instead of 1x xlv

216
order is in: buy slv Stop on Quote 19.73, last price is 19.61
good for today only

214
if SLV silver gets over 1973 today i'm likely to buy some silver and more vdx

146
Gold gld looks like it has another 2--12 trading hours (930-4pm days, not futures hours) of digestion, it may well move lower, but as long as the decline is moderate...all indications are that gold is now at the beginnning of a multiweek recovery phase for a movehigher, as long as it holds over 119 GLD.  amove to 117 and hold would delya the recovery, and a move under 117 would mean a re-eval is needed. GDX has a similar forecast. For now, i'm keeping the existing position in gdx, and i will add to it in the coming hours or days, per above observation. i'm not sure it the price where i add will be higher or lower than 121 GLD or 21.50 GDX.

1137
daily chart: last 2 days on both slv and gld are above their 11/25 and 11/29 candles...poss bullish scenario. note that gdx is close to its 11/25 candle, but just below it, not above as gld and silver are

1051
also looking to possibly add to swing on gdx nugt...my cost on gdx is lower than curr price, but if it can hold up i'll add more long

1051
out shorts  at es 1791.50...will look for bounce to short, or poss a  new swing long


wed 10:50 am
took profits here on shorts swing early here at es 1791.50, and will maybe reshort if it bounces. via  spxu. tza already took gains posted b4

* 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".