401
well we closed one cent under that 2min candle, so candle theory worked but barely and unprofitably LOL
352
5620 mini R on qqqq
341
the pattern is generally only valid during opens and closes, or high vol times
340
if the theory holds, the 2min suggests a lower close from curr level
337
the next 2 minute candle may determine how it closes
329
for qqqq, a dark cloud cover would be more bearish than a hanging man daily candle,,watching to see
324
i have limit cover qqqq 5579 if able for 25% of remaining shares, and will do other 25% manually, took shares on 50% of shares already
253
82% now
237
qqqq sell alerrt under 5611
233
MCD also sold off
232
KO was first DOW stock in uptrend to sell of harshly on daily chart, then T sold off,,now expecting UTX to do same with multi red daily candles,, other DOW stocks threaten lower in coming days weeks in this same pattern
214
there 5606 trgt mini bnc now watching reactions here
211
normally it would retest the .95 here after mayb move up to .06,,, or from 5601 here
210
if 5590 breaks then 5575 trgt,,,so 5590/95 is impt supp qqqqq to me
208
there it is, hit .95, close enough to .94 trgt,,,watching reaction,,still see lower qqqq but will observe here
159
5605 broke, 5594 next mini trgt from 1:32pm-ish trgt
155
covering half qqqq scalps to lock profit in case bounces over .24
154
hit 5608,,,satisfies test of 5607 expected 12 min ago
152
5594 trgt if 5606 breaks
151
5617 sell signal qqqq again, same as .24 sig
144
qqqq 5610, 5594 trgts
141
expecting 5607 lower test,,5617 last
112
just hit .13 trgt qqqq
112
qqqq have held gap support so far,,,still watching if it breaks lower or not to form bear dark cloud cover
110
qqqq hit one cent over the .24 sell signal and have pulled back, watching for reactions at 2 lower targets
109
UTX has sold off today, shoot star daily candle, axp starting to sell now
1248
qqqq sell signal 5624
1145
5628 qqqqq rejected again on last test. 5613 trgt 1 scalp
1113
hit .28 trgt,,added some shorts here
1104
hit .27 target exactly and stalled,,,will add if it retests there,,,could want higher then .28 to .37==.40
1103
adding .28 if able
1101
raising add shorts to lim .37 not .27 for now,,,took awhile, want to see reaction here at .25
1019
5627 would require a marginal break higher over .25 resist, other R at .36 daily hi,, it's likely i will not get a fill on these additional shares short
1017
i'll add more qqqq shorts lim 5627 if filled, last 5612, if not filled will just run with existing shorts from yest
1001
thus far, no formation, gap support is holding, a spin top daily in qqqqq could result in bear eve star instead
1000
watching qqqq daily for possible bearish dark cloud cover candle pattern today and yest, which would need a confirming close after today below todays low if dark cloud forms
950
still on vacation ,,trading lightly,,,
950 am
may add some more qqqq shorts, no entry yet
* 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".
Tuesday, January 11, 2011
Monday, January 10, 2011
* 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 ramblings
319
shorting qqqq 5609 here , scalp
240
T at&t also down hard today
239
a few days ago i mentioned that DD was likely to take a rider similar to what KO had,,, DD had a nice gap down this morn too
210 pm
still short UTX which has gapped down nicely today :)
2:10 PM
On vacation most of this week, just trading sporadically the swings
* 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".
shorting qqqq 5609 here , scalp
240
T at&t also down hard today
239
a few days ago i mentioned that DD was likely to take a rider similar to what KO had,,, DD had a nice gap down this morn too
210 pm
still short UTX which has gapped down nicely today :)
2:10 PM
On vacation most of this week, just trading sporadically the swings
* 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, January 7, 2011
Friday ramblings / Thurs eve futures
403
in fact last 4 ES candles daily r bearish
402
ES has a lower hi and lower lo today, a bear hang man
a close below today low would confirm hangman
357
9246 TLT stop to lock profits
348
preparing to take TLT profits on half of shares
337
will increase ES shorts to 100% if goes higher else run with this position, short
329
there it is, down, now shortable, or a bounce to add
328
shorting 1267 ES, half size
323
expecting a move down, followed by a shortable bounce
311
i have lim sell TLT piece at 9417, half of shares
244
TLT gathering some up momo now too, .38 last up from .20
243
ah there goes utx,,,downnnn :)
243
could still turn down here,battling 15 and 60min charts
235
ok theres the expected .83 break in utx lower :),,,now watching to see if sustains or not
233
scalp for oil short might present here,,,would wait to see what happens here, may want higher first
231
hasnt broken .83 yet in utx but expecting break lower
229
UTX sell alert,,,will other dow stocks follow it?
212
for those that like to trade above mkt breakouts, TLT just hit the above mkt entry #,,, .35
211
if utx goes under 7883 it should test its lows or near them, maybe make lower lo, 7890 last
206
TLT hit under the .20 trgt to "buy more",,,i didnt add cuz in from lower, but could work there
201
TLT long,,,tbt is in nice profit area here,,,will prob take half off and keep half,,,b4 the close today,, see higher tlt today,, i see higher tlt but think may be able to buy back lower, unsure
150
9220 tlt long here could work
147
qqqq at prior
support turned resist here,,,watching
reaction, could turn down, 5575ish
114
ES volume is already close to yest total vol, at 114pm
107
5483 is daily QQQQ trendline support, well below this level
1253
those USO puts posted before,now at 252 % profit,,, sco calls at 503% profit
1251
csco is approaching trgt, to test near todays lows
1247
oil hit its first trgt from a week ago,,,took awhile but hit,,,still have second trgt
1241
7752 limit cover utx shorts from 7947 entry if possible, for almost $2 profit, trgt #1 swing...may take interim profits today at stalls
1238
1256 trgt es
1236
LOL heres VXX again: was down 2%,,now up1% profit,,,still have 10-30% profit targets
1231
here is the retest of ES low of day i mentioned hour ago,,,still see lower or short rallies
1229
8755 8663 CL oil lower targets, stall, bounce, reshort
1228
oil shorts :),,, still see a bounce higher after this selling is done,,,larger pos could take profits on partial shares only
1225
There she goes,,,TLT has broken higher as expected 6min ago :)
1225
uh oh,,csco now looks like wants .80 .85,,,lower, bad for qqqq longs, good for shorts
1223
3min chart says TLT will break .32
1222
POSS breakout higher in TLT,,,is hitting targets from 4 min ago
1220
not saying csco breaks under 2070, its bullish now, but if it breaks under, could be v bearish for qqqq as its a strong compon last several days
1219
9232 is next above mkt trgt, tlt
1217
just peirced .19,,,watching reaction now
1215
*92.19
1213
9217 ABOVE the mkt, TLT long could work, scalp and swing, last .14, or short tbt
1203
UTX 133t chart: bear complex HS
1158
Boll Band theory says when narrow and breaks lower, should retest low or make lower lows, but some confliciting indicators to suggest whipsaw intraday
1157
ES 60min boll bands were tite and they bearishly broke to downside, watching to see if can sustain down, other indicators suggest more whipsaw, short rallies, no entry here
1152
will see chart landscape when it gets there,,,now under 20
1151
on USO, the next 3min stoch move over 80 will likely present a nice short opp,,, 14,3,3, stoch not 5,3,3,,,,watching for that
1141
TLT now at 9227, close enough to .30,,,so .30 trgt reached,,,still see higher,,,tho tite stops or partial profits here for larger positions could work,,,smaller pos would
prob hold
1138
for SWINGS
1138
on individual stocks,,,we are now able to start finding "many" short opps in individ stocks,,,this suggests that the time may be approaching when shorting the broader markets via shorts in spy, dia, eem, xlf, qqqq may be near,,,or shorting via long in spxu tza etc
1137
LOL heres that VXX: went from 2% loss today, to now just over breakeven
1136
UTX: has broken yest low :) ,,, if 7830 today then it gets a weee, last 7905 from 7943 short
1135
WOW look at CSCO holding firm here at its highs,,, when qqqq down move stalls, then csco long scalp could work v nice
1131
if AXP closes under yesterdays low then we will have a confirm of the bear dark cloud cover daily pattern i mentinoed yesterday,, its below that level now
1127
axp,,,red all over :)
1122
9230 Resist on TLT,,,larger positions could take 25% shares off there,,,or cover TBT shorts which move 2x faster than tlt
1121
mini weee only in the TLT, tho 3min looks parabolic up
1119
XOM and CVX are starting to form patterns that may outperform an oil short,,,watching for swing entries there instead of more sco,,, if spx and oil both fall at same time, then the XOM and CVX may fall faster harder,,, i've done this before in XOM
1113
csco is holding up much better than qqqq,,,if csco pulls bak could long scalp if qqqq are basing at same time
1112
poss move to qqqq 55ish to form bear HS 60min chart
1111
QQQQ need to hold 5568 5560 else uh oh down,,,5579 last
1106
VXX is moving up,,,could put selling pressure in spx qqqq
1100
TLT is now v close to both the 15min and 60min parab SAR points, if it breaks them them further up should follow
1053
this whipsaw motion in UTX,,,is,,,, bearisih topping pattern
1052
newly entered UTX short, lowere here, :),,, it may bounce around some, whipsaw,,,will add at higher levels else continue to run with existing position
1048
Those QQQQ continue to circle around that 5587 pivot
1047
waiting for CL to get some smaller candles in 15min the will look to enter
1046
TLT buy alert at 9157
1045
QQQQ ES sell alerts, 80%,,,needs 85% to move
1042
poss 60min oil CL bear flag
1042
still waiting for more oil shorts, no entry yet,, if 60min made wave 1 down and we r in wave 2 up, then wave 3 down could be deep
1025
utx shorting 7947 starter size 50%
1002
only a 20% size position in vxx,,,will add more as charts present opps (or take loss if needed),,no new entries now, adding in 10% increments to build swing
1001
oops
LOL there goes VXX, back to a 1.75% loss unrealized paper atm,,, still see higher vxx for 10-40% profit in coming days weeks
953
ES 1272 was rather strong R yest for much of day tho it went over it later,,,watching the 1272 again now today,, generally a break over resist pivot like 1272 and then move back under is bearish and suggests new shorts, but the 1272 wasn't a major pivot
951
yesterday Mike Paulenoff posted a bullish chart on DUG, is v similar to SCO that I've been long for past few 5 days ago
948
but i prefer to get into a stock like utx t mmm since already short in oil now from higher levels
947
if cl uso move sideways, another swing or scalp entry short should present for oil, or long sco,,,watching for poss entry in comoing 5-120 minutes
940
MMM UTX are next dow compon candidates to short, and re-enter T, no entries yet,, i'm still short AXP
939
my qqqq shorts at breakeven, from yest,,other individ stocks are far easier to trade long short than spy qqqq dia, imo
* 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".
in fact last 4 ES candles daily r bearish
402
ES has a lower hi and lower lo today, a bear hang man
a close below today low would confirm hangman
357
9246 TLT stop to lock profits
348
preparing to take TLT profits on half of shares
337
will increase ES shorts to 100% if goes higher else run with this position, short
329
there it is, down, now shortable, or a bounce to add
328
shorting 1267 ES, half size
323
expecting a move down, followed by a shortable bounce
311
i have lim sell TLT piece at 9417, half of shares
244
TLT gathering some up momo now too, .38 last up from .20
243
ah there goes utx,,,downnnn :)
243
could still turn down here,battling 15 and 60min charts
235
ok theres the expected .83 break in utx lower :),,,now watching to see if sustains or not
233
scalp for oil short might present here,,,would wait to see what happens here, may want higher first
231
hasnt broken .83 yet in utx but expecting break lower
229
UTX sell alert,,,will other dow stocks follow it?
212
for those that like to trade above mkt breakouts, TLT just hit the above mkt entry #,,, .35
211
if utx goes under 7883 it should test its lows or near them, maybe make lower lo, 7890 last
206
TLT hit under the .20 trgt to "buy more",,,i didnt add cuz in from lower, but could work there
201
TLT long,,,tbt is in nice profit area here,,,will prob take half off and keep half,,,b4 the close today,, see higher tlt today,, i see higher tlt but think may be able to buy back lower, unsure
150
9220 tlt long here could work
147
qqqq at prior
support turned resist here,,,watching
reaction, could turn down, 5575ish
114
ES volume is already close to yest total vol, at 114pm
107
5483 is daily QQQQ trendline support, well below this level
1253
those USO puts posted before,now at 252 % profit,,, sco calls at 503% profit
1251
csco is approaching trgt, to test near todays lows
1247
oil hit its first trgt from a week ago,,,took awhile but hit,,,still have second trgt
1241
7752 limit cover utx shorts from 7947 entry if possible, for almost $2 profit, trgt #1 swing...may take interim profits today at stalls
1238
1256 trgt es
1236
LOL heres VXX again: was down 2%,,now up1% profit,,,still have 10-30% profit targets
1231
here is the retest of ES low of day i mentioned hour ago,,,still see lower or short rallies
1229
8755 8663 CL oil lower targets, stall, bounce, reshort
1228
oil shorts :),,, still see a bounce higher after this selling is done,,,larger pos could take profits on partial shares only
1225
There she goes,,,TLT has broken higher as expected 6min ago :)
1225
uh oh,,csco now looks like wants .80 .85,,,lower, bad for qqqq longs, good for shorts
1223
3min chart says TLT will break .32
1222
POSS breakout higher in TLT,,,is hitting targets from 4 min ago
1220
not saying csco breaks under 2070, its bullish now, but if it breaks under, could be v bearish for qqqq as its a strong compon last several days
1219
9232 is next above mkt trgt, tlt
1217
just peirced .19,,,watching reaction now
1215
*92.19
1213
9217 ABOVE the mkt, TLT long could work, scalp and swing, last .14, or short tbt
1203
UTX 133t chart: bear complex HS
1158
Boll Band theory says when narrow and breaks lower, should retest low or make lower lows, but some confliciting indicators to suggest whipsaw intraday
1157
ES 60min boll bands were tite and they bearishly broke to downside, watching to see if can sustain down, other indicators suggest more whipsaw, short rallies, no entry here
1152
will see chart landscape when it gets there,,,now under 20
1151
on USO, the next 3min stoch move over 80 will likely present a nice short opp,,, 14,3,3, stoch not 5,3,3,,,,watching for that
1141
TLT now at 9227, close enough to .30,,,so .30 trgt reached,,,still see higher,,,tho tite stops or partial profits here for larger positions could work,,,smaller pos would
prob hold
1138
for SWINGS
1138
on individual stocks,,,we are now able to start finding "many" short opps in individ stocks,,,this suggests that the time may be approaching when shorting the broader markets via shorts in spy, dia, eem, xlf, qqqq may be near,,,or shorting via long in spxu tza etc
1137
LOL heres that VXX: went from 2% loss today, to now just over breakeven
1136
UTX: has broken yest low :) ,,, if 7830 today then it gets a weee, last 7905 from 7943 short
1135
WOW look at CSCO holding firm here at its highs,,, when qqqq down move stalls, then csco long scalp could work v nice
1131
if AXP closes under yesterdays low then we will have a confirm of the bear dark cloud cover daily pattern i mentinoed yesterday,, its below that level now
1127
axp,,,red all over :)
1122
9230 Resist on TLT,,,larger positions could take 25% shares off there,,,or cover TBT shorts which move 2x faster than tlt
1121
mini weee only in the TLT, tho 3min looks parabolic up
1119
XOM and CVX are starting to form patterns that may outperform an oil short,,,watching for swing entries there instead of more sco,,, if spx and oil both fall at same time, then the XOM and CVX may fall faster harder,,, i've done this before in XOM
1113
csco is holding up much better than qqqq,,,if csco pulls bak could long scalp if qqqq are basing at same time
1112
poss move to qqqq 55ish to form bear HS 60min chart
1111
QQQQ need to hold 5568 5560 else uh oh down,,,5579 last
1106
VXX is moving up,,,could put selling pressure in spx qqqq
1100
TLT is now v close to both the 15min and 60min parab SAR points, if it breaks them them further up should follow
1053
this whipsaw motion in UTX,,,is,,,, bearisih topping pattern
1052
newly entered UTX short, lowere here, :),,, it may bounce around some, whipsaw,,,will add at higher levels else continue to run with existing position
1048
Those QQQQ continue to circle around that 5587 pivot
1047
waiting for CL to get some smaller candles in 15min the will look to enter
1046
TLT buy alert at 9157
1045
QQQQ ES sell alerts, 80%,,,needs 85% to move
1042
poss 60min oil CL bear flag
1042
still waiting for more oil shorts, no entry yet,, if 60min made wave 1 down and we r in wave 2 up, then wave 3 down could be deep
1025
utx shorting 7947 starter size 50%
1002
only a 20% size position in vxx,,,will add more as charts present opps (or take loss if needed),,no new entries now, adding in 10% increments to build swing
1001
oops
LOL there goes VXX, back to a 1.75% loss unrealized paper atm,,, still see higher vxx for 10-40% profit in coming days weeks
953
ES 1272 was rather strong R yest for much of day tho it went over it later,,,watching the 1272 again now today,, generally a break over resist pivot like 1272 and then move back under is bearish and suggests new shorts, but the 1272 wasn't a major pivot
951
yesterday Mike Paulenoff posted a bullish chart on DUG, is v similar to SCO that I've been long for past few 5 days ago
948
but i prefer to get into a stock like utx t mmm since already short in oil now from higher levels
947
if cl uso move sideways, another swing or scalp entry short should present for oil, or long sco,,,watching for poss entry in comoing 5-120 minutes
940
MMM UTX are next dow compon candidates to short, and re-enter T, no entries yet,, i'm still short AXP
939
my qqqq shorts at breakeven, from yest,,other individ stocks are far easier to trade long short than spy qqqq dia, imo
* 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".
* 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".
Thursday, January 6, 2011
* 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 ramblings (and Wedn eve ES futures)
413
AXP has the dark cloud cover bearish setup, confirmation would be a close under yesterdays low, or a gap down and close below the gap
412
oil daily candles look bearish topping the last 2 weeks
406
.32/.33 were csco calls,,,so at the lower bid conserv, calls would have made 10.34%, tho i dont use options for 1 hour scalps
404
SPY wicks bullish pointing up AH, to only 127.70 tho
402
TLT long finished nicely,,,,
401
ok csco was a dud again toady,,,will try tomorrow for momentum trade,,, took small scalp profit 0.25%, if it breaks resist tomorrow should pop nice,,, have this small little non-risk leftover piece to trade just for fun AH in CSCO
358
taking half off here 22095, last .96
357
also i'm gonna save a small piece of CSCO to trade afterhours,,,it has decent vol AH,,
355
21.11 csco lim sell if able, for half, other half manual
354
4 point on the last piece profit
353
out of ES,,,locking profits, scalp, 1270.25
350
i am keeping shorts in AXP,,,long tlt short tbt,,,short oil, long vxx,,,all swing overnite
349
I'll exit ES shorts to take profits if the prior candle hi is pierced, 3min, to guar profits
338
hmm for csco seems danger to hold long overnite,,never planned to anyway, but the MarketMakers are shorting it,,but letting it rise,,,they may add more shorts tomorrow, or just take it down, so not holding over,,,,often they let it rise the next day to add more shorts higher
329
if csco gives a dud close, will try again tomorrow for the long breakout if charts suggest still viable, at breakeven now on the csco scalp,, took 40 cents profit on csco yesterday,,,still not hit the 21.09--21.25ish trgt
326
still have half of this
ES short 1274 from this morn, to close b4 the
close,,stop 1274/76,,,took profits on other piece,6 points and 2 points
325
still have half of this ES short 1274 from this morn, to close b4 the close
320
6327 KO stop to take profits on remaing shares short,,,will exit at end of day, or if stopped out,,,exiting today,, nice ride down from 65.40 to 63.27 or mayb 62.80 depends on clo
302
QQQQ short is in profit,,and CSCO long in profit
255
oil USO 60min has bull falling wedge BUT the wedge has lots of room on downside still ,,,,and it could convert to a bear down channel,,remaining short in USO, long sco swing
252
watching to see what csco calls do, jan 21 calls at 29 cents now,,,i am NOT in calls, just watching for comparison
248
VXX is also set to break higher, is now at small profit/ breakeven from 2 buys
246
if csco can break resist, there's empty space above from gap (dont expect entire gap fill today of course,,,but could trigger a nice scalp profit),,,so the trade is based on break of resist, not buy at support
241
may add second csco piece on pb, csco i will close out today by 4pm
240
LONG on CSCO 2089, tite stop .73,, its a scalp only, scalp, based on expectation of breakout,,,higher risk trade,
231
for swing
230
TLT calls or TBT puts, almost ready for new entry, or half size entry here
227
\a USO short,
scalp, or sco long, could work on next
USO CL bounce,,waiting for entry,,USO 3786ish maybe
156
next DOW stock to short is UTX,,waiting for entry, swing
146
stopped out of DD at .92 for 48 cents scalp profit
137
49.92 DD stop lowered,,,
135
comparison of DD vs QQQQ / SPY 15min chart shows why its easier trading individ stocks here,, DD much weaker, harder fall
133
DD stop is v tite on 75% of shares only cuz i have other short positions with wider stops,,,DD designed to lock profit scalp n reenter later
131
dd stop 4997,,,riding it down :D
128
DD sstop lowerd to 5003 for 75% of shares, breakeven on 25%
127
DD just overshort the .95 trgt, last .91, next .56
125
DD,,,new low of day, again
121
qqqq still havent gotten over the .88 R since mentinoed b4
115
MarketMaker reports suggest they r now testing the dip buyers, non MM sell alert remains 84%
111
84%
109
needs 85% tho, only at 82% sell alert now
108
same es trgts for this sell alert as b4
108
axp sell alert
105
sell alert es, 82%, here at1269
1258
poss desc triangle bearish in oil, 60min, for swing, also SCO has a bull inv HS
1252
3 cents from stopout profit in DD,,,still in for now
1247
5013 stop on DD to protect profits
1244
DD 5030 emergency stop order in place
1235
DD 4995 4956 trgt so am watching reactino here at 5005 near .95 trgt
1234
when qqqq and es get into "buy long" area then maybe another csco long reentry will present
1232
DD moving down lower , new low,,but watching for poss exit and re-entry on the short, may form a bull inv HS on the 60min
1230
vxx has bull inv HS on 10min
1224
TLT new high of day, TBT new low, DD new low, all together
1218
TLT testing its high of day,tbt low, still long,,,expecting break higher on tlt
1214
TLT bull dbl bot W on 3min
1213
DD moving lower,,,for 2nd time today,,,this move is slower and thus more sustainable,,,may test the low of day and make new low
1211
ES mini dbl top 3min, 1262 trgt, 1263 horiz, on support break
1209
qqqq 5561 trgt, last 5576
1206
horiz support ES 1263, the 3min rect has 1262 trgt
1203
2868 T trgt from yest, hit 2870,,watching reaction here, 2 cents from trgt
1158
agressive, or swings, short here could work, es 1270
1155
back at 1270 ES test R
1141
the 1270 ES held!
1139
: if i werent short
already ES i'd short qqqq .84 here,,,2225 typ
1133
watching oil as it tests support for 3rd time today,,,often breaks it lower on 3rd try
1130
QQQQ longs need be careful cuz 15min chart made a dbl low not a higher low
1128
watching 1270/1271 ES resist
1124
qqq hit .84,,,not filled on .86 lim order yet,,,if no fill then just running with other shorts
1108
2884 T last,,,hit the 2886 trgt :) from 9am
1107
TLT broke higher,,, as expected
1106
1270 is now mini R on ES
1105
larger pos can take 6 point profit here, es,,,,small pos cover half shares
1104
ES in troubl here if support break sustains
1103
QQQQ short 5586 could work, under the .88 trgt
1054
TLT: breakout in 3 minutes on the 3min chart is suggested
1053
OIL,,,moving, now :) lower after weak bounce,,,see if sustains
1053
larger pos would take 2.5 pts profit here ES on part shares, smaller pos would prob hold
1046
DD 5046 shorting here, 50% size positino, swing
1043
ES shorting 1274
here, entry 1 of poss 4
es wnet over 1274 and back under so shorting that pattern, may add more later
1037
yest BAC trgt was 1467, it hit the trgt today, hi 1469,,, may look to start to short BAC but waiting, may want 1480, even 1506
1032
3min TLT bull asc triangle, 92.24 trgt, last 9160, may pull back and move sideways a bit inside triangle b4 break higher
1028
i just got stopped out 2912, low of day 2905 so far, profits taken at 2.27% from yesterday's entry
1027
non-active positions would hold thru chop, i plan to reenter again T if stopped here
1026
T stop lowered to 2912, and may reenter,,, may get stopped out in minutes
1023
T has just wiped out 2 weeks of dec gains, in 90 minutes today :)
1020
Have a hard stop at 29.54 to cover T just in case of sudden surge higher (not expected)
1015
T nearing its first trgt 2886, then 2868, 2744, from 2974 entry
1009
IF i didnt have other short positions then i'd enter DD here 50% size short
1007
DD is touching its daily uptrend resist line now at 5043 so short here would make sense, but watching to see if marginal break higher or not, so I'll short it higher if able, if not and it declines then i'll short the bounce after the decline
1005
i'll re-short DD lim 50.93 if able, last 5041, hi 5047,,, may enter lower but not yet, for swing
946
T is also down nicely this morn , about 60 cents, gapped lower, still holding T shorts, 29.38 last
945
my short in axp was smacked hard on a gap up, but axp has now fallen from 4560 to 4455 in 10 minutes, back down now :)
910
also still short AXP and T,,,, T is down a lil but not much premarket action there, took profits in CSCO long yest and may re-enter today, unsure
908 am
pre-market: Oil is down,, TBT is down,,, i am short both still, may take half oil off later and re-enter, ZC treasuries higher, good for TLT long
* 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".
AXP has the dark cloud cover bearish setup, confirmation would be a close under yesterdays low, or a gap down and close below the gap
412
oil daily candles look bearish topping the last 2 weeks
406
.32/.33 were csco calls,,,so at the lower bid conserv, calls would have made 10.34%, tho i dont use options for 1 hour scalps
404
SPY wicks bullish pointing up AH, to only 127.70 tho
402
TLT long finished nicely,,,,
401
ok csco was a dud again toady,,,will try tomorrow for momentum trade,,, took small scalp profit 0.25%, if it breaks resist tomorrow should pop nice,,, have this small little non-risk leftover piece to trade just for fun AH in CSCO
358
taking half off here 22095, last .96
357
also i'm gonna save a small piece of CSCO to trade afterhours,,,it has decent vol AH,,
355
21.11 csco lim sell if able, for half, other half manual
354
4 point on the last piece profit
353
out of ES,,,locking profits, scalp, 1270.25
350
i am keeping shorts in AXP,,,long tlt short tbt,,,short oil, long vxx,,,all swing overnite
349
I'll exit ES shorts to take profits if the prior candle hi is pierced, 3min, to guar profits
338
hmm for csco seems danger to hold long overnite,,never planned to anyway, but the MarketMakers are shorting it,,but letting it rise,,,they may add more shorts tomorrow, or just take it down, so not holding over,,,,often they let it rise the next day to add more shorts higher
329
if csco gives a dud close, will try again tomorrow for the long breakout if charts suggest still viable, at breakeven now on the csco scalp,, took 40 cents profit on csco yesterday,,,still not hit the 21.09--21.25ish trgt
326
still have half of this
ES short 1274 from this morn, to close b4 the
close,,stop 1274/76,,,took profits on other piece,6 points and 2 points
325
still have half of this ES short 1274 from this morn, to close b4 the close
320
6327 KO stop to take profits on remaing shares short,,,will exit at end of day, or if stopped out,,,exiting today,, nice ride down from 65.40 to 63.27 or mayb 62.80 depends on clo
302
QQQQ short is in profit,,and CSCO long in profit
255
oil USO 60min has bull falling wedge BUT the wedge has lots of room on downside still ,,,,and it could convert to a bear down channel,,remaining short in USO, long sco swing
252
watching to see what csco calls do, jan 21 calls at 29 cents now,,,i am NOT in calls, just watching for comparison
248
VXX is also set to break higher, is now at small profit/ breakeven from 2 buys
246
if csco can break resist, there's empty space above from gap (dont expect entire gap fill today of course,,,but could trigger a nice scalp profit),,,so the trade is based on break of resist, not buy at support
241
may add second csco piece on pb, csco i will close out today by 4pm
240
LONG on CSCO 2089, tite stop .73,, its a scalp only, scalp, based on expectation of breakout,,,higher risk trade,
231
for swing
230
TLT calls or TBT puts, almost ready for new entry, or half size entry here
227
\a USO short,
scalp, or sco long, could work on next
USO CL bounce,,waiting for entry,,USO 3786ish maybe
156
next DOW stock to short is UTX,,waiting for entry, swing
146
stopped out of DD at .92 for 48 cents scalp profit
137
49.92 DD stop lowered,,,
135
comparison of DD vs QQQQ / SPY 15min chart shows why its easier trading individ stocks here,, DD much weaker, harder fall
133
DD stop is v tite on 75% of shares only cuz i have other short positions with wider stops,,,DD designed to lock profit scalp n reenter later
131
dd stop 4997,,,riding it down :D
128
DD sstop lowerd to 5003 for 75% of shares, breakeven on 25%
127
DD just overshort the .95 trgt, last .91, next .56
125
DD,,,new low of day, again
121
qqqq still havent gotten over the .88 R since mentinoed b4
115
MarketMaker reports suggest they r now testing the dip buyers, non MM sell alert remains 84%
111
84%
109
needs 85% tho, only at 82% sell alert now
108
same es trgts for this sell alert as b4
108
axp sell alert
105
sell alert es, 82%, here at1269
1258
poss desc triangle bearish in oil, 60min, for swing, also SCO has a bull inv HS
1252
3 cents from stopout profit in DD,,,still in for now
1247
5013 stop on DD to protect profits
1244
DD 5030 emergency stop order in place
1235
DD 4995 4956 trgt so am watching reactino here at 5005 near .95 trgt
1234
when qqqq and es get into "buy long" area then maybe another csco long reentry will present
1232
DD moving down lower , new low,,but watching for poss exit and re-entry on the short, may form a bull inv HS on the 60min
1230
vxx has bull inv HS on 10min
1224
TLT new high of day, TBT new low, DD new low, all together
1218
TLT testing its high of day,tbt low, still long,,,expecting break higher on tlt
1214
TLT bull dbl bot W on 3min
1213
DD moving lower,,,for 2nd time today,,,this move is slower and thus more sustainable,,,may test the low of day and make new low
1211
ES mini dbl top 3min, 1262 trgt, 1263 horiz, on support break
1209
qqqq 5561 trgt, last 5576
1206
horiz support ES 1263, the 3min rect has 1262 trgt
1203
2868 T trgt from yest, hit 2870,,watching reaction here, 2 cents from trgt
1158
agressive, or swings, short here could work, es 1270
1155
back at 1270 ES test R
1141
the 1270 ES held!
1139
: if i werent short
already ES i'd short qqqq .84 here,,,2225 typ
1133
watching oil as it tests support for 3rd time today,,,often breaks it lower on 3rd try
1130
QQQQ longs need be careful cuz 15min chart made a dbl low not a higher low
1128
watching 1270/1271 ES resist
1124
qqq hit .84,,,not filled on .86 lim order yet,,,if no fill then just running with other shorts
1108
2884 T last,,,hit the 2886 trgt :) from 9am
1107
TLT broke higher,,, as expected
1106
1270 is now mini R on ES
1105
larger pos can take 6 point profit here, es,,,,small pos cover half shares
1104
ES in troubl here if support break sustains
1103
QQQQ short 5586 could work, under the .88 trgt
1054
TLT: breakout in 3 minutes on the 3min chart is suggested
1053
OIL,,,moving, now :) lower after weak bounce,,,see if sustains
1053
larger pos would take 2.5 pts profit here ES on part shares, smaller pos would prob hold
1046
DD 5046 shorting here, 50% size positino, swing
1043
ES shorting 1274
here, entry 1 of poss 4
es wnet over 1274 and back under so shorting that pattern, may add more later
1037
yest BAC trgt was 1467, it hit the trgt today, hi 1469,,, may look to start to short BAC but waiting, may want 1480, even 1506
1032
3min TLT bull asc triangle, 92.24 trgt, last 9160, may pull back and move sideways a bit inside triangle b4 break higher
1028
i just got stopped out 2912, low of day 2905 so far, profits taken at 2.27% from yesterday's entry
1027
non-active positions would hold thru chop, i plan to reenter again T if stopped here
1026
T stop lowered to 2912, and may reenter,,, may get stopped out in minutes
1023
T has just wiped out 2 weeks of dec gains, in 90 minutes today :)
1020
Have a hard stop at 29.54 to cover T just in case of sudden surge higher (not expected)
1015
T nearing its first trgt 2886, then 2868, 2744, from 2974 entry
1009
IF i didnt have other short positions then i'd enter DD here 50% size short
1007
DD is touching its daily uptrend resist line now at 5043 so short here would make sense, but watching to see if marginal break higher or not, so I'll short it higher if able, if not and it declines then i'll short the bounce after the decline
1005
i'll re-short DD lim 50.93 if able, last 5041, hi 5047,,, may enter lower but not yet, for swing
946
T is also down nicely this morn , about 60 cents, gapped lower, still holding T shorts, 29.38 last
945
my short in axp was smacked hard on a gap up, but axp has now fallen from 4560 to 4455 in 10 minutes, back down now :)
910
also still short AXP and T,,,, T is down a lil but not much premarket action there, took profits in CSCO long yest and may re-enter today, unsure
908 am
pre-market: Oil is down,, TBT is down,,, i am short both still, may take half oil off later and re-enter, ZC treasuries higher, good for TLT long
* 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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