Thurs thoughts

358
exited DUST 32.87 near breakeven small profit. will re-eval tomorrow. was not able to exit in vse port because it does not allow afterhours tades, and i exited here at 3:58

355
will take profit on DUST at 33.00 if it hits that today,else hold

252
dust is scalp, spxu swing

251
bought DUST

235
nevertheless, techinically the daily SPY is in bullish consolod on the daily chart candles, until it gets a close below the daily lows, but "up here" intial shorts offer appropriate risk:reward imo

235
also a move under 8700 IWM gives a short signal using some systems.
8700 iwm was the short pivot from 2 weeks ago: when price goes above the pivot and reverses below it again, it gives a short signal, on that system

232
IMO, the large cap multi national DOW components are going to be hurt more by the US Dollar than the small caps

232
instead of DOW or IWM russel, i decided to take the "middle road" to short, the large cap spx but has mix of smaller cap behaving companies. DOW may actually fall more percent-wise, though i know many believe russell will go harder. so i took the middle road via spx

231
agree--ES does need to close under 1445 to get any real traction lower, i may add higher, or add on break lower, as have been posting several days

225
in short via SPXU long, finally, initial entry and i may add to it
Yesterday i mentioned that timing analysis suggested another 4-8 hours up bias, which is what we got today. SPY ES SPX may still hit the higher targets, but i've decided to build an initial positino short here.

213
took small profit on UPRO. better than a loss. still see higher but not worth risk holding

128
if SLV got to 30.04 or 30.50 today, that would be a nice gift, tho prob wont make it there, but watching to see if i can sell AGQ near those levels, near 47.50 AGQ which is origin swiong trgt 1

126
however the market makers have "layered" their sell leveles on silver, to allow it to possibly drift higher and sell a little at each level. will be watching reactions at those levels, as well as price resist levels, trendlines, rsi, macd on silver.

126
30.12 intraday SLV trgt, last 2992, market maker sell level 3012

106
silver has made new daily high as expected. upro continues higher as well

1200
NUGT up 6% from yest and likely to make higher highs, agq silver up 3% also see higher

1136
may take gains in upro in next 15-30 minutes, unsure

1037
long upro, initial entry may add

1034
theres the lower low from 3min roadmap, now watching for maybe a bit lower, or sideways on 3min, sideways may give a chance to scalp long, waiting

1016
that was mini bounce. now looking for lower low, es

953
spx iwm spy 3min chart possible formation: mini bounce here, then lower low that could be scalped long, then higher into the swing target short range

931
as suggested yesterdays posting, silver AGQ has popped nicely up 2.3% today, still see the higher silver targets swing but will be watching it. NUGT up 4% from yest

931
higher this morn was expected, as SPY post from yest suggested another 4-hrs upside bias on 60min charts


930
I will probably short SPY at 148 or buy SPXU at 33.60, if it hits those targets. SPX will need to increase about another 1.36% from yesterday's close in order to hit those short targets higher.

Trades can be viewed at the links below.


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 thoughts

414
timing analysis on 60min charts cash spx shows 4-8 more hours upside bias, so perhaps a swing short opp will come tomorrow

354
took scalp profits on NUGT. out.  NUGT DUST and GDX are good scalp vehicles, they are volatile

346
chart and data suggest GDX may try to move back up to todays high

312
There is some mild buying in GDX and gdx component companies by Market Makers. That often   translates to higher prices today, and in coming days as they begin to accumulate. Nothing agressive yet as far as buying, mild atm

153
Silver has begun to move nicely today, and it looks like it wants to accelerate up


116
long nugt


Trades can be viewed at the links below.


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".

Tues thoughts

359
out of KLAC, small loss. will reeval tomorropw

315
KLAC may go to 4730 tho so theres risk

311
long KLAC

252
they could pull those bids at any second of course, and drop

252
i might scalp CELG long, no entry yet. looked for shorts, couldnt find any worth the risk:reward.

Market Makers are holding the bid up now on many stocks, so i wont short those ones. The stocks where they are not holding up the bid are not at resist, so wont short those either.

144
profit on vse small port todays trade was $120 altr and $630 nugt, large port was $285 and $1647, after deducting $10 commission. clearly the 3x give more gains, but also riskier

124
took quick scalp gain on altr, should see higher but just scalping it, is at resist and ES also at resist

116
also on the list for long: CTXS VOD  VMED   AMAT  FSCR  HSIC, just watching them for now for poss entries, they came up on my stock scan.

will look for shorts later


114
3460 3480 and 3500 trgts ALTR

103
nice big candle green on 3min altr, watching reactions

1245
long ALTR

1226
took quick profits on nugt from 943 to 966. still see higher targets but will re-eval later, since exposed still via swings vs scalp

1128
lowered trgt from 996 to  991. will take profits if able at 991. nugt

1126
Market makers raised ask a little on gdx nugt, so nugt may make the interim 970 trgt, then higher 996. they have NOT raised the bid, just the ask.
last nugt 960


1120
970 interim trgt on nugt but holding for higher target for now

1104
72% es long scalp signal rang, 1448 ES

1055
its poss nugt or gdx can make a lower low on daily and 15min charts ...watching, but i like it for a scalp bounce here

1055
996 nugt trgt but if it tests 965 and stalls too long will exit there and look to re-enter, scalp

1051
nugt 996 trgt

1046
long nugt 944

1034
AMD is up over 1% today, and made a new daily high over yest

Trades can be viewed at the links below.


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".

Monday thoughts

359
out of NUGT scalp, took loss on second one

343
986 will sell nugt if filled

321
next 30-40 points on spx above has resist levels in it

321
lots of resist "up here" on spx spy daily charts, but could still creep higher to the 2 next hifher resist levels

1153
poss bounce here intraday on ES 1453

1134
NUGT in large port, bought back the half that i took profit on earlier, back to full size scalp,,,,small port was not able to weave in and out, still holding orig scalp fromt his morn

1051
first trgt scalp just hit nugt gdx, holding half for higher targets
that's what often happens shortly after MM raise bid, as posted 3 minutes ago :)

1048
MM raised bids on gdx a bit, should be good intraday for gdx nugt

1046
AMD moving up, has broken out of range daily with new highs over 2.60, last 2.68, for 3.00 and 4.40 targets,swing

1034
added GDX NUGT more

1025
GDX levels: Market Maker = 44.70--44.96 and Investment Banks = 43.40---46.02

1023
just bought nugt for scalp. i will add more possibly later, half size scalp position

1019
i plan to swing short SPX 10% of my portfolio, on a close below those recent daily lows.
CLOSE only,not intraday.
or, at the 1488 ES higher target if it gets there.

Trades can be viewed at the links below.


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".

Friday thoughts

355
nugt acted ok, gave 4.3% gain in a few hours,,, still holding silver swing agq for 47 and 50 trgts

350
took profit on nugt.

345
investment banks have rasied bids in gdx, why i'm still holding it for now...will take nugt profit soon tho

329
10.34 instead, raised again. i'll just post when exiting instead of every update,,,nugt moving a bit fast now

326
just hit 1014 trgt while typing, trying for 1027 instead

325
raised order to 1027 from 1014 for now nugt

318
nugt acting nicely. stops tigthened but limit order still in place 1014

311
nugt back at trgt1 again if double dipped on it, still have the 1014 trgt next

310
interesting daily candle on the silver futures (the futures more so than SLV)

300
1467 and 1488, same trgts

256
  es looks like its gonna break over 1460 here

123
the nugt is really whipsawing around today, but i'm staying in the trade because silver and gold look like higher intraday

1147
same targets on es 1467, 1488 higher

1142
nugt could work here, 981

1055
just now MM raised bids a bit on gdx, may be enough to push nugt to its trgt if they hold the raised bid

1042
order to sell at 1014 trgt on nugt if able

1039
hit 994 trgt nugt from 973 in 20 minutes

1034
theres minor resist 10 cents above here on gdx, not on nugt,,,watching to see if clears 4485 gdx
may stalll there first, pb, then break higher

1027
994 and 1014 trgts on nugt to start

1022
long NUGT


Trades can be viewed at the links below.


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".

Thurs thoughts

345
ES 1467 and 1488 are still the targets, nothing today has inflicted damage for the upper targets. Investment banks did not drop their bids heavilly today.

338
its "hard' to buy silver on this big huge selloff in silver, but imo for swings silver agq is going to 50. it hit its 47 trgt, then pulled back rather harshly

321
taking profits on short scalp here, early exit, will explain why later

312
Market makers not really dropping bids very much, why the selling is not intense, at least not yet,,, still same approx levels as posted below

240
market makers upro buy level still near 9385ish, they are not selling it hard, have not dropped the bids yet, so modest targets on first short entry, nothing too aggressive

232
halfway to lower upro target atm

147
will cover UPRO at 9300 if able

1234
ES 1458 mini breaking now,
94.60 upro first trgt lower


1224
watch for break under 1458 ES for further selling, needs to break that,,, market makers are currently buying there, when that breaks or they drop it, then price can go lower, not before

1223
may see some selling in next 2 hours, first dip likely be bought intraday

1213
still in this initial ES short, but upper targets on ES remain1467 and 1488, for the "real short" opp, also may buy the dips long for up to those levels, and close shorts on dip

1141
74% scalp short rang, es 1458.75

1126
72% short scalp signal rang, es 1459

1124
*9535

1124
UPRO sell level raised again to 94.35, so may see higher b4 lowr, but in short for now

1123
94.99 short upro just filled, watching reactions now to cover the short

1116
these are early short, intital entrys, trade mode, may move in and out of them quickly,,if filled...

1114
upro 9517 target raised, so waiting on the 9499 fill if able, wont chase while the target is moving up

1112
Considering IWM "at" the 87 short target posted yest, but waiting to short any iwm for now, or tza, though entries here could work, tza 1224 last

1056
95.07 UPRO target, with short order just under it for now, may change it later.. if i don't get filled will just wait and re-eval, maybe just pass on the trade for now if not filled, not chasing it since bias still up

1049
the UPRO order is placed above todays highs, at sell level, to trade the possible head fake trap break over resist

1048
the "real short opp" is later though, imo, and still have higher targets, so this is a "trade mode" short entry

1047
placed an order to SHORT the upro 94.99,,,, could also do long spxu but didnt want to do the price calc for spxu, broker allowed the upro short so i took that, if filled

1033
ES 1470 is investment bank sell level, near yest 1468 level, while the market maker levels are tighter 1452-1458.  That often means the inv level will be hit, eventually, and that "trading" 1452-58 is going on as they buy sell with net more buys, up to the 1468-70 level to take gains

1023
ES is easier for me to calculate the investment bank levels than spx, because software actually uses the spx comononent individ stocks buy sell levels, then does a conversion to corresponding ES level from the spx levels, and then does a compare with the ES-only calc. when the ES-only calc and the 500 component calcs exactly match, the level is more accurate naturally

1015
1452--1458 are the curr buy sell levels, which closely match the daily highs lows, so they are in trade mode right now

1014
curr sell level appears to be 1459 ES, but that could change...this MIGHT be bearish as it sets up a headfake for a minibreak over the prio high by 1 point, only to be followed by a move lower (trap)...needs a bit more time for confirmation as they allso play games

1011
The ES 1458 Investment Bank sell level was exactly hit on ES, yest i posted that1467 was their next sell level from yesterday, have not evaluated their curr sell levels today yet




Trades can be viewed at the links below.


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 thoughts

336
9357 upro target was achieved, tho i exited a lil early from the protective stop, since there are other swing open positions i didnt want to lose the scalp gain or worse have the gain turn to loss, same targets on upro and es into the close

328
9337 stop on upro to protect scalp gains, will manually trail tigthlon on way up into close, and take profit today on scalp

323
9380 trgt if 9357 is hhit, upro, interim trgts

308
9357 interim UPRO scalp trgt, last 9317

216
if ES gets 1467, may short up there

150
order in to sell UPRO at 94.88, may lower target later, last 92.51

129
drop on the ask is bearish, IF they hold it, need to see reaction

128
MM just dropped their asks to 1447 but may only be a test or fake, its the first drop lower..watching reaction on 3min charts, for next 9 candles

120
i'm hesitant to short until i see investment banks lowering their sell levels,,,they are not buying it here but not selling it either

119
i don't plan to automatically short IWM 87, just a target for now to watch, as a wedge could form up to 90 on it,,,


107
1458 ES or or 87.01 IWM? may be shortable, if it can get up there.

1211
74% scalp long es signal rang, 1445.50

1149
Investment Banks sell level curr above todays high, at approx 1458 ES, so may try for that level,,,they could always lower it but thats the area atm

1147
72% scalp long es signal rang, 1446

1132
long UPRO again

1015
AGQ silver hit 47 target posted on Monday, up 7%, with 50 next target


Trades can be viewed at the links below.


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".