tues

359
i'm adding some USLV here, at close, for swing. for higher silver 3x

* 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".

friday

358
GDX now just 2 cents from its second trgt for today, posted this morn. hit first already

354
NO LONG ENTRY on 4pm sys for dia or spx.

352
gain  8% just on scalp piece of jnug. holding the rest swing

232
i'm going to buy some UDOW swing today, if 4pm sys says exit shorts and buy long. using the DOW instead of sp500. the dow did not break its march lows, like ths sox did

224
4pm sys is going to give a "take gains on shorts, and go long, today if it closes here or lower...idk about this next "long" but thats what it will do

216
at trgt 1 of 24.27 gdx posted b4, or 4% jnug, scalp

213
took gains on half gdx scalp, saving the swings of course, if using jnug scalp, its at 3% gain from entry today

206
24.27 and 24.44 gdx scalp trgts. last 24.15

1256
24.23--24.27 scalp trgt on gdx, will take gains there for scalp piece, holding jnug for over todays highs

1033
i'd like to see gdx nugt jnug close over yesterdays highs

1028
JNUG bought yest is up 8.5% but i'm just holding it for higher targets. may sell later today, or may hold over weekend. the nugt and gdx i will def hold

gold futures are up $1500 per contract

* 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".

thurs

358
gold futures breaking resist in final trading minutes, 60min chart

313
JNUG could fall lower, but i like that gold made a new low early in day but quickly reversed higher, and that may carryover to higher gold in coming hours days

312
i'm adding JNUG here, bought it today for lower than sold for yesterday, swing
if gold goes toward 1300 (just a resist test) then JNUG could surge 10% fast

258
just now, 74% buy signal rang on GC gold futures, intraday signal not swing signal

254
GDX hit 23.90 buy area but i'm not adding any here, since bought a lil earlier today
23.87 was an Inv Bank buy area


238
so far i'm liking the gold chart todays action, and may add to existing swings in GDX NUGT JNUG

213
if gold gets back to 1300 today, will be a nice

209
back long GC gold 1291.5. should break 1292


202
took gains on gold futures. holding gdx

124
15min gold GLD and futures GC look like they are breakable higher on the resist test. also notice the triangle on the 5 and 15 MA on the 15min chart

119
GC gold now testing  15min resist, watching to see if it holds or breaks higher

1240
also trading the gold futures gc, same entries as gdx

1239
2420 first trgt gds. will see reaction there and may hold longer or take daytrade gain there.

1233
long GDX daytrade here.

1223
cancelled gdx buy order for now. will reveal later

1130
i might not get a fill on the limit order, but right now i'm only interested in buying the second low, or shorting the second high, using the 5 min chart. sometimes the trade doesn't get initiated, but its a safer, lower risk strategy for day trades.

1126
i have a limit order to buy GDX for daytrade at 23.90, last 24.06, may change the order in coming minutes hours. good today only.

one could also use NUGT or JNUG 3x instead of 1x gdx, but I prefer gdx because of better fills this time of day.

1006
lots of volatail in gold and gold futures GC this morn, and could be a significant turning point, depending on what it does next few hours

* 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".

wedn

200
JNUG has nicely exceeded the prev posted trgt of 20.24, last 20.45

1218
* decided to take half of JNUG off here to protect gains, still holding the rest, as well as nugt gdx swings,for higher

 GOLD is flashing an intraday sell signal, so took some jnug off

1217
still holding for jnug daily stretch trot
jnug GDX is on a ramp today, jnug up 6% from yesterday

1117
JNUG 20.24 trgt. have an order to sell there to take profits, last 19.14. good today only, if it does not get up there today, then may raise the target higher.

Inv Bank first sell level is near there

still holding NUGT GDX swings for higher, even if profits are taken today in JNUG. the jnug target is about 6% higher from current price, and 26% higher than 16.00 level

1000
jung got a nice bounce here!

gold looks weak here still on hourly daily, although GDX has done well last 2 days. however if gold reverses higher instead of testing 1276 lower, then that could cause a parabolic move up in the miners gdx nugt

939

not much new, i'm holding the JNUG NUGT from few days ago for higher prices, swing, it's in profit zone now but imo has a lot of upside

if jnug tests prior highs from march, that would be about double, move 100%ish,

* 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".

thurs

249
i'll maybe buy more JNUG if gold higts 1296.20 in coming minutes

248
jnug could also easily double in value, and still be well below march 14 high, even accounting for decay

247
jnug could easily bounce 35%, and that would only be a test of april 9 high

218
GOLD 5min futures chart has inv HS on RSI: watching to see if it bounces

1136
GM all. added JNUG here. swing, at 18.00

* 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".

friday

1267
Thus far, daily gold is doing well, not surging,but consolod, holding up well

952
there it goes. took 2% gain in 2 minutes on half JNUG :)
holding other half

951
GDX was testing its opening high, after 15min of trading, why i bought the JNUG....that normally results in a higher hi intraday, good for scalp

948
just bought long JNUG....will quick trade that in addition to nugt

946
HOLDING the nugt gdx quick swing that i bought yesterday

944
exited oil SCO for small gain...i dont know which way its going, swing, not liking the conosolod here, so i'm out. will re-eval later.

* 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".

thurs

313
GDX is approaching next buy level, but i'm not adding to it now...maybe later or at 4pm or in coming days...half size position is enough

235
next buy area in gdx nugt is gdx 24.40 area if it decides on lower not higher, tho it could bounce instead as a result of golds strength today GLD /GC

233
high vol 5 min red candle in oil...watching to see if it retests lows, and if those lows hold or not...if they do hold then i might do an early exit on the shorts entered earlier today near highs, to lock gains profits...will see what it does....i dont reallly want to be short oil if it stays sideways on 60min cuz then its prone to break higher, since 60m trend is up and this is countertrend short


229
GDX has declined today from its gap up, BUT gold remains green and bullish

225
 oi may want to test 103/102.85 area...there are more wicks to the lows than the highs, on 60 min chart

134
NUGT GDX quick trade: At 24.70 GDX, Added buy #2 of 4 here of NUGT, still valid imo to hold overnight for quick swing

scaling in per plan, and both buys/buy backs were less than what we sold it for this morning pre-market

336
i will hold both the SCO oil and GDX NUGT overnight, not selling today

1131
boought back NUGT GDX again here at gdx 24.93...but scaling in this time...buy 1 of poss 4,,, quick trade

60 min gold chart: bull flag: and looks like 15min resist wants to break higher in gold...note that its near resist now, so a pb and lower first would be ok...but i want "some" shares to participate in the 60min and daily bullish patterns

1125
tightened stop on msft...maybe out of MSFT for now....wil re-eval laster...was only suppoaws to be quick trade, so out in 1 day frim short yesterday

1035
long SCO,

1012
oil could make a nice quick trade entry today, long or short depending on where it goes: wait for the extreme, and fade it (buy  low, sell high, but not here, at extremes...easiest way to trade oil imo

we have a daily doji on the oil futures, aka indecision, aka could go either way

1009
look at silver daily: it's lagging GOLD, since gold is already over its april 4 high. but if silver breaks out and catches up, remember that silver is generally more volatile than gold, moves faster when it goes

i remain long silver xlv uslv, and may add to it for a quick trade later today

1002
MSFT short will not move like nugt of course, modest targets, but MSF starting to kick in now lower
USLV is up over 4% today from yest
also looking at possible new trades: shorts in oil, longs in REN, maybe more silver as it may break the rectangle, re-entry into quick swings in gold vdx nugt


742
premarket here, ..i took the 13% gain on nugt hold for 2 days ago....on quick trade piece. still holding multiweek nugt and GDX for GDX 45+

* 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".

thurs

742
premarket here, ..i took the 13% gain on nugt hold for 2 days ago....on quick trade piece. still holding multiweek nugt and GDX for GDX 45+

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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".

wedn

400
MSFT short trgt 1 = 38.60

358
for swing longs on 4pm sys: signal is to exit here, today, take long gains, move to cash no long no short

340
still think nugt headed to 45.0 near term, at 41.00 now

324
Investment Bank reports suggest they have sold shorted MSFT...will see what it does in coming hours days

310
watching 25.17 GDX: if it gets over that, another run for the highs likely...last 24.99

236
GDX hit a few pennies above 25.30 trgt, and has now pulled back...normal behavior

226
25.74 GDX would be next trgt after 2530...almost there now at 25.20 last

225
4pm sys on spx is take gains today on longs, move to cash, flat, no long, no short...if its near this level at 4pm

223
i will hold even if gdx gets 25.30 trgt, since thats only trgt #1.... last 25.09 gdx

221
HUGE green candles on NUGT 15min and 5min charts as it breaks resis and surges higher...still holding this... i will hold overnight since theres still a lot more room higher, and this surge is bullish for coming hours days

204
GDX nugt trgt at gdx 25.30

201
WOW the nugt just woke up, 5min chart, new highs...watching reaction as gold dipped also but then a quick pop...choppy

200
MSFT 15min chart has a big red candle and then a bumch of small green ones...its often a bearish setup, so trying this lil short

157
SHORTED, quick trade, MSFT 40.20

140
exited gdx scalps here, small gain, not sure which way its going. i still have the NUGT re-entry bought this morn and will hold THAT overnight

1219
gold futures GC 15min chart , rsi(14), the rsi has a bull ing HS and dbl bottom pattern...for a run back to 1308/1311, which could push nugt up several percent points

1215
daytading gdx nugt here could work, gdx 24.59, as gold is back at 1305

1056
GOLD just broke 15min resist over 1305. watching reaction. but gold is holding up well given that it gapped down this morning

there are going to be some trapped shorts here now....why we exited early this morn on counter-trade dust

1006
went LONG in NUGT 38.70, swing
nugt could drop, but its ok imo....i'm already buying it back lower than i sold it for the other day, and also the quick short via DUST netted a gain, so some down in nugt would be ok.... looking for nice gains again in nugt swing

900
btw, gold futures actually rose last nite to test 1314, befor this big drop in gold this morn.... rose on decent vol for night trading...tho of course the morn drop vol is higher....


857
maybe later today....long or shorts in gdx will give an opp, swing
see how gold reacts, and gdx, in first hour-2 hrs of today at least imo

 initially, scalpers would short bounces, but for fast trades not swings...then see if it gives a long or short swing opp later after the dust settles haha

850
i want to give GOLD some time to settle, to see if gold futures can stay over 1300. if gold can stay over it, that would be bullish tho it def looks breakable lower with the big red candle this morn in gold futures. but i'm out of the quick trades in gold shorts dust from test

848
pre-market, i just took gains on DUST i bought yesterday. it may well go higher, but it was only supposed to be a quick trade, so i'm out

* 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".

tues

352
GOLD now testing its daily lows...see lower gold coming hours, futures GC
its bearish to close on or near support

343
out 40.45 nugt, 24.91 gdx, as the MM sellers showed up

343
i'm out of NUGT mid term swing. and might hold some DUST overnight
still see higher gdx, but pullback possible so fading that. gold still looks like it needs to move lower then higher

306
just now, intraday sellers showed up on gdx .84, watching to see if they stay or leave

133
moved down a bit due to sellers here, gdx...again modest quick trade targets

131
a few sellers just showed up at 24.70 GDX,,,watching to see what they do here

131
BUT GDX is consolod on 15min chart and could break higher...glad that this is second short today not first, and took gains on first short b4 they disappeared...still see higher gdx for swings tho

113
also look at the shoot stars...several of them...on gold futures, 15min chart


109
for short term, the way that gdx and gold CLOSE today at 4pm may be very important for short term swings. if it closes "good" without a selloff, esp in gold, then i might add to existing gdx nugt gld slv uslv positions

right now, gold is behaving bullishly, altho it looks like it might crack lower before 4pm...so "how much" it goes lower (if at all) is impt. will it close bullishly, or "slip" with a selloff?

100
0vernight volume patterns in gold futures GC show some "churn" 2AM green candles and the  8AM/9AM red candles....because of the red candles, they usually will retest lower....withouth the red candles i wouldnt have scalped

also the 5 min and 15min gold charts are in small downtrends, tho they are trying to bounce and base atm

1248
im short there also but not likely to hold overnight, as long as gold is over 1300. last 1309 gold...if gold stays over 1300 on 60m daily charts, then the 60min is consolodiating imo for higher gold

1157
SHORTED again, another quickie

1145
OUT shortt for quick scalp gain...cash now for scalps, GDX DUST

GDX could drop a lot more, but the trade was only supposed to be quick , so out for now
so out for now before profits disappear during intraday moves

1136
gold is now testing 15min and 60min support, looks breakable lower, only a modest decline, to cover shorts and maybe reverse long for an overnight hold

1123
gold looks a little lower intraday. shorted GDX, quick trade only

957
out of JNUG for quick 7% gain from entry yest postied. could go higher but its just a quick swing. stilll have NUGT GDX multiweek trades,holding those for higher.

* 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".

252
.in for quick trade long  SLV silver, could also do 3x

* 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".

friday

"gift pricing" imo on gdx nugt jnug

341
340
also, even the small MM have their GDX sell levels set on gdx 24.72, near/above todayas highs...which is much wider spread than normal for them. the Inv Banks sell level gdx is 25.20 and 27

338
gold could drop again on daily but it looks much better now than last 5 days. which is why i decided to "wait" until buying jnug until today

330
bought some jnug here, swing, 2201

1249
gold chart GLD, 15min chart has bull flag consoled

1248
hi, SPY is forming a bear "key reversal day" candle: higher high and lower low, on daily chart

* 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".