tues

225pm
took gains on tza swing. keping spxu longer since have both

* 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

932
so out of nugt, holding the gedx longer
 took quick gain on the seperate nugt trade bought yesterday
 would normally hold the nugt quick traade a lil longer, but gold had a crazh pre-session
: holding gdx swing and tza for now

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".

thurs

332
for coming day(s): SPY and IWM 60min charts look bearish imo...could always bounce rally of course, but downside risk. i remain short for swings

there is non farm payroll report tomorrow
so caution for conserve traders


256
remember that IWM TZA TNA can move much faster than spy upro spxu..when they get going

254
stilll have the tza spxu swings...may exit some of it today unsure
downside risk into the close on spy es SPX IWM russel

253
IF gdx nugt close over yest highs, that would be signif, and poss spot to add more to swing,unsure...meanwhile have gdx and nugt starter positions

* 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

247
bought half here at 19.25, tza

245
i have order: buy tza limit 19.12. good for today only

230
dow is weakest:
DIA dow jones is under the 11/20 low, spy and iwm are over it

221
if SPY closes under 179.20ish, "almost" have a key reversal day, tho it doesnt meet it strictly exactly. but note the higher hi and lower low in the same day (today)...a close "near" the low is bearish...its near the top on daily but not "at" the top

215
es exact test of prev posted 1787...watching reaction

151
1787 is ES impt #...bounce to there ok and shortble...under it bearish...if it can sustain above 1787 then it becomes neutral then bullish again.........bias is short until proven otherwise

under 1784 and failure to test or get over that would be even more bearish

4pm system will signal a "take profits on shorts" and "reverse long" IF IF the ES closes around here or lower...if it bounces to high like yest then it will stay on "hold shorts"..

aagain, the "bigger" part of the move often comes during this "almost exit" stage,,,as was posted 2 days ago...we r seeing that behavior manifest here


1220
NUGT and GDX surging now :)

1215
using this opp to take gains on the shorts...esp since i increased the pos size before
more down likely but very choppy, and we did have a big green candle before, so being conservative

it does make sense to keep SOME of the shorts,,,the 4pm sys REMAINS on "stay short" from the higher levels entries....

1016
added shorts via spxu, at 180.38 spy, 1798.50 ES

* 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

400
but the spy daily "doji" means neutral..that is, buyers are below, sellers are above
japanese theory says: wait to see which side wins, long or short, then join them later

354
spxu--i'm back in, as way to short spy spy
modest size entry spxu--nothing crazy aggressive
bought spxu at better price than sold it for this earlier today, and will continue to follow the 4pm system

352
iwm russel daily candle is more bearish than spy

338
SPY daily candle: doji right now
if it closes like that, it means indecision, could go either way up or down
various ways to interpret the "bias" of higher or lower that i guess we could talk about lol

250
btw..the 4pm sys swing signal is flip-floppiing between enter long and dont enter long...its because price and other data are right near the trigger point....will see what it does since it's really designed to take the signal at 4pm not intraday

249
OUT upro, took quick gain as scalp instead of holding swing
too many things conflicting, so back on sidelines...i want to see what ES SPX does here, higher or lower


245
i might exit this upro today instead of holding overnite...its up in val since buying...will explain later....

223
also the daily red candle looks big, but its not on high volume

222
reason: its near buy area, 4pm sys is likely to signal a "buy long", AND the algo just bought es 1786.75 for scalp...of course scalp day is much diff than swing, but algo is pretty good and should bounce...and this time of day might not get back here...conserv size position long entered

221
boutght upro at es 1787, swing

142
and...an early exit on the spxu ...took profits early but just too low volume...in cash now not long or short the russel or spx...still have gdx swing (initial entry, have not added to gdx yet)

124
conservative: i exited TZA for gain, and still holding spxu for now

1210
depending on "how low" spx goes today, it might be "better" for bears if SPY closes over 179.80ish...exact # later...because under that will say "take profits on shorts"...over it willl say "hold longer"...

1158
TF made a lower low intraday as expected b4

1154
i just took scalp profits on NUGT...still holding the gdx swing,,,,will look to reenter nugt later...could easily go higher but its in the middle here on 5min chart, so taking gains b4 they disappear

1047
notice that 60 minute gdx nugt are forming bull harami reversal candles now...one reason for the quick trade in nugt, using the 5min chart for entry timing

its the first green candle in awhile tho, so modest upside targets on its first try, then pullback, then another entry on pb and then higher again

1034
watching to see what nugt does in next 3 candles on 5 min chart (15 minutes),,,,then in next hour

1031
NUGT scalp here, diff than gdx swing, at 25.70 nugt

948
tf testing yest lows which look breakable after stall

* 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

406
if IWM were not so weak today, if the iwm red candle wasnt so big, i prob would not have added more spx shorts...but they r rotating and likely to sell spy next

358
imo, when a trade is acting according to how we want it to act, averaging up instead of down is valid (in this case, additional shorts today were not as good a price as entry 1, but still valid)... add to winning positions....ubstead if avg down on losers

avg down does have its place, IF IF IF it is part of the original plan (for example, we might avg down GDX starter position,,,but it is part of plan, and posted that we thought GDX might go lower before higher)

355
spxu is near my "add shorts" trgt...and its at the close.
so, i'm adding some shorts here via spxu long...to short spx,,which may "catch up" to the IWM russell that was weak today. swing.

we could  have gotten better pricing earlier in day, but i wanted to see if any buyers showed up before the close. they didn't

141
as expected...TF made a lower low
good for tza swing

140
i CANCELLED the order for spxu and will look at later...
it was not filled

100
i'll add spx swing shorts if SPX moves lower, so above the mkt order placed at 16.51 SPXU above the market if it gets up there today, last 1627.... or later on today i will look at buying SPXU LOWER than 1627 if it doesnt move up first

1045
4pm system: SPX is "almost" on a "take gains on shorts and reverse long" signal, but not yet. as mentioned many times before, often a big move comes at the "almost" part, so we could still see a decent drop in spx before "take short profits" and the long signal comes

4pm sys is a swing system, not intraday. it gives a signal once a day, at 4:00 PM (3:55--3:59 PM) to go long, go short, or hold existing long/short position

1017
i think gold has a good chance of actually breaking lower one more time before moving up, hence the "starter" size" on vdx related

10:15am
starting another gdx swing position here 21.52 area. it may go lower, break this lower for a lower low, but bought support here on test,,,starter size only, can add more later

also have shorts on russel via TZA, but not adding more now. medium size position.
not really interested in adding more since there are other opps, remain diversified

* 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

339
out of gdx that i bought this morn at breakeven...dont want to hold overnight with this chart...p
tho gold is trying to break resist on its 5min chart

118
BELOW mkt at 1130.50 i might add to short position, TF russel via tza...last tf 1133

12:59 pm
bought some gdx, 21.70

* 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".