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".