341
took gains on half the ged / nugt...will try to buy again lower later
247
im OUT of UNG for now, just sold, for smaller profit than Dragon had...imo UNG higher on swings but didnt really like UNG action even tho it "followed the roadmap"
i want to let UNG whip around awhile more and get into a narrower less volatile daily range, for my purposes of mid term swing not quick swing, so out for now
still have same targets on UNG, i just being conservative and want to sit it out, esp since there are other opps... always an pop somewhere
UNG i do not like that it pierced the Inv Bank level 23.30, even tho its now over it 23.80....it suggests higher UNG but also suggests that perhaps Inv Banks are not done buying yet and they may try to press it down again....its v choppy
1214
: on UNG: this was posted on friday 223 pm: 23.30 was a prior Inv Bank level...almost ALWAYS a stock will bounce back to those buy levels even if it pierces below it,,,have posted many examples of that in the past. the Inv Banks have simply dropped their bids, because some of the smaller banks and retail may sell here, and they just want it cheaper if they can get it. a normal thing on UNG would be: break 23.30 lower, break 22.90 toward 22.80ish,,,,then later go back over 23.30...tho not back over today if it hits 22.80ung now at 23.47.
today tues: notice how today, ung is now back above that old Inv Bank buy level 23.30,
1210
in faz 22.22
bought FAZ, half size...may add more later, swing. 4pm sys will give a short signal if spx closes here or higher, and one could short spx via short spy or long sds spxu. i've chosen to specifically short the FINANCIALS here as they are weaker. official 4pm sys signal does not come until 3:55pm
1206
took gains on PFE. exited.
1148
woww nugt up 12% today vs test
1056
GDX has gapped up the last 2 days, and is at highs of today so far
today might be spot where i take some partial gains on GDX NUGT multi week positions, but i'd keep half, only sell half and then look to buy that half back again later... short term after today it could pullback but target is still almost another 100% higher here on GDX, and more on nugt
gdx up 1.7% nugt 5.5% pfe ung 2% all higher today.
nugt continues its quest.
still see higher PFE swing, higher targets on all vdx nugt pfe ung.
* 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".
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