[06:10 am] Mitch K: Mitch King: with the
Pre-market futures down this morning we are
approaching the lows of the August 9th bottom
on many individual stocks and index etfs. My
guess is selling will continue below that Aug
9th bottom and eventually give us another
sharp rebound on the long side for swing
trades but that may take another 7-10 days to
set up
[06:11 am] Mitch K: Mitch King: the long
scalps after the initial bottom are probably
going to be weaker of a bounce than the last
few days
[06:13 am] Mitch K: Mitch King: oil is
approaching $80 now, down another $4 from
last night
[06:24 am] Kris : Kris : Good Morning
Traders
[06:24 am] Kris : Kris : I’m watching AFL,
BK, CMC, CRK, DOW, ACOM and JDSU on the short
side this morning.
[06:25 am] Kris : Kris : RHT, LOGI, REE, EXK
and VRSK are possible long trade setups.
[06:26 am] Kris : Kris : be patient on the
open today, see if the SPY penetrates it’s
gap and holds trendline and we could have
good longs off the gap bottoms on some
stocks.
[06:26 am] Kris : Kris : if we consolidate
then sell and break below 112.00 we could
have another big day down.
[06:27 am] Kris : Kris : but be patient on
the open
[06:27 am] Kris : Kris : something you take
profit on early and leave yourself some to
trend up into 34.00 then 35.00 with the rest
of your position
[06:27 am] Kris : Kris : there will be a lot
of money to be made today
[06:27 am] Kris : Kris : TNA could be a gap
play today
[06:28 am] Brent : Brent : good morning
[06:31 am] Kris : Kris : DIS long half
[06:32 am] Kris : Kris : EBAY long half
[06:33 am] Kris : Kris : PG long half
[06:34 am] Brent : Brent : watching CIEN for
a bounce
[06:35 am] Kris : Kris : APA long half
[06:37 am] Kris : Kris : COST long half
[06:37 am] Mitch K: Mitch King: if you are
short MTL from the Daily Stock REport,
consider covering this morning
[06:38 am] Kris : Kris : NFLX moving up
[06:39 am] Kris : Kris : MAKO long half
[06:40 am] Kris : Kris : SPY coming into 114
resistance area
[06:40 am] Mitch K: Mitch King: monitoring
WMGI for potential short, waiting to see if
breaks $18 first
[06:42 am] Brent : Brent : consider reducing
CIEN if Long
[06:42 am] Kris : Kris : will watch WYNN for
a small pullback to take long
[06:44 am] Mitch K: Mitch King: watching
BMRN, OPTR for short
[06:45 am] Mitch K: Mitch King: also watching
FSLR for short scalp
[06:46 am] Kris : Kris : GIS strong
[06:46 am] Mitch K: Mitch King: looking at DG
for short
[06:47 am] Kris : Kris : MNTA long half
[06:49 am] Kris : Kris : yes I still have my
half MAKO, looking to add second half if
market holds support and starts to move up
off lows.
[06:51 am] Mitch K: Mitch King: closing OPTR,
holding up more than expected, should stop
[06:53 am] Kris : Kris : out half MNTA
long
[06:53 am] Mitch K: Mitch King: consider
covering BMRN
[06:55 am] Mitch K: Mitch King: looking for
short in VRX
[06:55 am] Mitch K: Mitch King: lower low on
WMGI, important for short
[06:58 am] Mitch K: Mitch King: consider
covering half or more of FSLR short
[07:03 am] Mitch K: Mitch King: stop VRX
[07:04 am] Kris : Kris : out another 1/4 MNTA
long
[07:05 am] Kris : Kris : spy at resistance
[07:05 am] Mitch K: Mitch King: don’t give up
much of your short profits,
[07:06 am] Kris : Kris : see how she acts
here
[07:07 am] Mitch K: Mitch King: X bouncing
[07:09 am] Kris : Kris : buyers still hanging
around
[07:09 am] Kris : Kris : see if we can test
hod in the SPY
[07:09 am] Mitch K: Mitch King: BIDU
bouncing
[07:09 am] Mitch K: Mitch King: buyers
getting stronger, coming in now
[07:10 am] Mitch K: Mitch King: MCP has more
upside
[07:11 am] Kris : Kris : nice job scalpman
and junior
[07:11 am] Mitch K: Mitch King: consider
selling X
[07:13 am] Mitch K: Mitch King: FSLR 2nd
helping short
[07:13 am] Mitch K: Mitch King: looking for
over 130 on BIDU
[07:13 am] Mitch K: Mitch King: trying VRX
short again
[07:14 am] Kris : Kris : buyers sticking
around off this top
[07:15 am] Kris : Kris : watch SPY for a push
to new hod[07:15 am] Mitch K: Mitch King:
higher high on X, bounces may turn into
uptrending pattern
[07:16 am] Mitch K: Mitch King: looking at
2nd helping short on DG
[07:19 am] Kris : Kris : NFLX moving up
[07:20 am] Kris : Kris : SPY heading for hod
test of resistance
[07:22 am] Mitch K: Mitch King: consider
covering 2nd helping short on FSLR
[07:22 am] Mitch K: Mitch King: watching for
short in SINA
[07:23 am] Kris : Kris : ok, start looking
for weak stocks that couldn’t get out of bed
with this move and are near their lows
[07:24 am] Kris : Kris : VMC
[07:24 am] Mitch K: Mitch King: consider
closing MCP
[07:25 am] Kris : Kris : no doji, if
something was very weak like KMB during this
move up in the markets what do you think it
might do if the markets turn over?
[07:26 am] Kris : Kris : PDM is another one
but too thin for me
[07:26 am] Mitch K: Mitch King: SINA won’t
hit that target i drew 85.60, looks too
strong
[07:27 am] Kris : Kris : see if it can hold
here
[07:27 am] Kris : Kris : spy coming into
trendline and prev high support
[07:27 am] Kris : Kris : that SINA chart
looks strong
[07:28 am] Mitch K: Mitch King: if anyone
went after DG 2nd short, good place to
cover
[07:29 am] Mitch K: Mitch King: if anyone
went after DG 2nd short, good place to cover
the 34.50 level for TNA is possible long
entry if pattern continues
[07:29 am] Mitch K: Mitch King: SINA too
strong to keep short open
[07:30 am] Mitch K: Mitch King: BIDU still
strong, looks like over 131 coming
[07:30 am] Mitch K: Mitch King: today
requires more smaller trades than previous
few days
[07:31 am] Kris : Kris : and see how much
money might be in it
[07:31 am] Kris : Kris : buyers starting to
come back here
[07:31 am] Kris : Kris : that means long
breakout over hod scalpman, now check prev
day low resistance
[07:32 am] Mitch K: Mitch King: if MCP holds
above $36 for a while, could make move to 37,
acting strong so far
[07:33 am] Kris : Kris : YOKU got a flea
dip
[07:33 am] Mitch K: Mitch King: don’t trust
the projector as being current pricing, i put
up TNA over SINA 1 min ago
[07:34 am] Kris : Kris : have a good one
anthony, congrats!
[07:34 am] Kris : Kris : so you have about
88.00 to 90.00
[07:38 am] Kris : Kris : something I might
short on a new lod if we get some selling.
[07:38 am] Kris : Kris : VMC was an example
to doji of a stock that was weak against the
market run.
[07:39 am] Kris : Kris : doji needs a hug
[07:40 am] Mitch K: Mitch King: consider
reducing MCP long
[07:40 am] Mitch K: Mitch King: looking for
SINA bounce
[07:41 am] Kris : Kris : I still have DIS
have position, just about to stop out.
That’s my only long still open neuronx.
[07:42 am] Kris : Kris : just letting you
know neuronx[07:42 am] Kris : Kris : stopped
on my half order DIS
[07:44 am] Kris : Kris : I’ll start to look
for longs and shorts for a break of this
range, either over hod or under 113.30
[07:44 am] Kris : Kris : we’re getting a
consolidation area in the spy building
[07:45 am] Mitch K: Mitch King: little buy
program pop there
[07:49 am] Kris : Kris : no go4it, this is
actually looking a little concerning for the
longs
[07:53 am] Kris : Kris : I’m watching DISH
for a short below 24.95
[07:55 am] Kris : Kris : my concern is more
about the people who might be in it as a
swing long on NFLX derns. lagging today if
yesterday was to be the bottom of the last
move down on the daily.
[07:56 am] Kris : Kris : the day is early, it
still could hold and close higher on the
day
[07:59 am] Kris : Kris : DISH short
[08:00 am] Kris : Kris : that was from the
gap doji[08:01 am] Kris : Kris : 25.33 eyes,
might take some patience
[08:05 am] Kris : Kris : might be good
scalpman, should cycle up one more time, then
look for the break
[08:06 am] Kris : Kris : also look for other
ideas that are near their lod[08:07 am] Kris
: Kris : does anyone here drink Hansens?
[08:09 am] Kris : Kris : me too mhaus, I’m
sweet enough.
[08:09 am] Kris : Kris : that stock just
always seems to be on my scanner for moving
up
[08:09 am] Kris : Kris : you probably have
the same problem
[08:11 am] Kris : Kris : RRC consolidating
here, I think this could run on another
breakout and it gives good money. set an
alert on it.
[08:11 am] Mitch K: Mitch King: should get a
little spike in TNA
[08:15 am] Kris : Kris : ok scalpman, you
locked onto sina?
[08:16 am] Kris : Kris : GMCR ALERT
[08:16 am] Kris : Kris : GMCR ALERT
[08:16 am] Kris : Kris : good, it’s starting
to get ripe
[08:16 am] Kris : Kris : sina is a short
setup
[08:16 am] Kris : Kris : thanks rusty
[08:17 am] Kris : Kris : watch GMCR for a
possible bounce soon
[08:18 am] Kris : Kris : coming into prior
low and 50 day sma support on daily
[08:19 am] Kris : Kris : don’t chase GMCR
here
[08:19 am] Kris : Kris : I owe you a pack of
mentos[08:19 am] Kris : Kris : thanks for the
alert rustoleum[08:20 am] Kris : Kris :
boehner speaking
[08:20 am] Kris : Kris : lol[08:20 am] Kris :
Kris : we had 100.00 support, 50sma and
previous lows
[08:20 am] Kris : Kris : yes neuronx, looking
for a break to new lod to take short
[08:22 am] Kris : Kris : it actually looks
weak eyes, hasn’t move much on this up
cycle
[08:22 am] Kris : Kris : my fiancé must
think I’m too sweet. she just gave me my
coffee straight up black as Brent sweet crude
without the sweet.
[08:22 am] Kris : Kris : we’re fine eyes,
this isn’t a reversal trade
[08:23 am] Kris : Kris : first target DISH is
gonna be 24.76
[08:23 am] Kris : Kris : SINA breaking
down
[08:23 am] Mitch K: Mitch King: Rep Boehner
on tv, hammering President, fairly negative,
stirring up more fear
[08:24 am] Kris : Kris : you get that
scalpman?
[08:26 am] Kris : Kris : ok, take a little
profit scalpman[08:27 am] Kris : Kris : good
eye on that setup
[08:27 am] Kris : Kris : if you haven’t
already
[08:27 am] Kris : Kris : nice
[08:29 am] Kris : Kris : GS stinking up the
joint again today
[08:29 am] Kris : Kris : once it gave up
100
[08:33 am] Kris : Kris : I’m not buying this
bounce in the spy off the last low
[08:33 am] Mitch K: Mitch King: European
indexes down around 5% today
[08:33 am] Mitch K: Mitch King: higher highs
on MCP
[08:34 am] Mitch K: Mitch King: their market
must be pricing in the banking credit crunch
coming, like ours in late 2008
[08:35 am] Kris : Kris : a train
[08:35 am] Kris : Kris : GIS moving again
[08:39 am] Kris : Kris : OPEN looking weak
here
[08:44 am] Kris : Kris : when we’re heading
into uncharted prices I like to use whole
dollar levels, it’s really all I have to go
off of except sometimes support
trendline[08:45 am] Kris : Kris : stopped on
dish
[08:46 am] Kris : Kris : dish just coughed in
my face
[08:53 am] Kris : Kris : SPY coming down to
test support again
[09:03 am] Kris : Kris : is anyone still
short OPEN?
[09:03 am] Kris : Kris : ok, look to start
taking profit in OPEN short and move down
your stop on the rest.
[09:04 am] Kris : Kris : could show some
support around 45.00
[09:04 am] Kris : Kris : did you get any of
the other shorts eyes?
[09:04 am] Kris : Kris : yes, I’m done with
DISH
[09:05 am] Kris : Kris : no neuronx, I wish I
was, nice drop below support.
[09:08 am] Kris : Kris : pullbacks for sell
now?
[09:09 am] Kris : Kris : you mean bounces to
short into?
[09:10 am] Kris : Kris : maybe 15 minutes
[09:10 am] Kris : Kris : not yet but soon,
I’ll be starting to look for weak bounces but
I want to see what the market does over the
next 20-30 minutes
[09:11 am] Kris : Kris : just want to see
what kind of a bounce we get in the SPY here
just over 112.50 support
[09:13 am] Kris : Kris : if we consolidate
above the lows or or have small bounce before
a test and break of the lod, we could see a
bigger move down in the SPY
[09:14 am] Kris : Kris : also a heads up, if
you were planning on attending the webinar
series tonight and you haven’t registered
yet, there are only a few seats left that we
can fill. We hope you all can make it.
[09:41 am] Mitch K: Mitch King: getting a
bounce in FSLR and indexes
[10:01 am] Mitch K: Mitch King: MCP giving
good trades repeatedly
[10:01 am] Mitch K: Mitch King: next trade
for MCP should be a decent short soon
[10:02 am] Mitch K: Mitch King: MCP is
tracking with SP 500 and that’s turning over
so i would expect MCP to follow
[10:20 am] Kris : Kris : at support area on
daily
[10:20 am] Kris : Kris : time to start
looking to cover if you are still short
BIDU
[10:22 am] Mitch K: Mitch King: might get a
bounce in SINA, monitor
[10:28 am] Mitch K: Mitch King: that’s about
it for the MCP short
[10:42 am] Kris : Kris : break time. be back
in 30.
[10:51 am] Kris : Kris : tza looks
interesting here qwert, you could take a
small long but it might have trouble with
55.00
[10:58 am] Mitch K: Mitch King: Dow30 down
4.1%
[11:07 am] Mitch K: Mitch King: maybe a
dollar on MCP to 37.50
[11:07 am] Mitch K: Mitch King: should get a
snapback bounce up on MCP for 75 cents
[11:13 am] Mitch K: Mitch King: Remember NFLX
has dropped 40-45% in last 2 weeks
[11:13 am] Mitch K: Mitch King: so it wants
to start bouncing
[11:13 am] Mitch K: Mitch King: watching
NFLX, more cautious
[11:25 am] Mitch K: Mitch King: MCP finally
had the bounce i was looking for, $1 lower
than i expected. makes sense though in down
market like today
[11:27 am] Mitch K: Mitch King: FSLR
presenting another short soon
[11:27 am] Mitch K: Mitch King: quickie short
scalp on FSLR
[11:31 am] Mitch K: Mitch King: TIVO,
monitor
[11:32 am] Mitch K: Mitch King: so far TIVO
isn’t anything interesting yet
[11:34 am] Mitch K: Mitch King: anyone short
FSLR, might make lower lows
[12:42 pm] Mitch K: Mitch King: you guys all
ready for the webinar, starts in about 2
hours 20 min from now at 6pm eastern
[01:00 pm] Brent : Brent : have a good
night,
[01:02 pm] Kris : Kris : good night
everyone
[01:02 pm] Kris : Kris : see most of you in
about 2 hours
|
[06:04 am] papadoc : Great buying oportunity
in AGQ and SLV premarket
[06:06 am] doji : Anyone long in NFLX at the
pre-market?
[06:07 am] rd : looks like it is holding up
for you. Upgraded by one analyst
[06:07 am] mikewd2 -: my ZSL finally paying
off big
[06:08 am] candelas : yea I have small
position anyways
[06:13 am] doji : Mitch, what do you think
of NFLX? It has hold the yesterday bottom so
far
[06:16 am] mikewd2 -: doji, i went long on
NFLX yesterday – not sure what to do with it
now
[06:17 am] rd : nflx was upgraded at
ubs[06:18 am] mikewd2 -: UTC (UTX, Trade )
said it would pay Goodrich stockholders
$127.50 in cash
[06:20 am] doji : NFLX was up in the
pre-market yesterday and then drop after the
opne[06:20 am] doji : Mike, I am in the same
cross point now
[06:21 am] doji : I’ll stay aside and watch
it….
[06:21 am] doji : And the market today is
not helping
[06:22 am] mikewd2 -: so sounds like the idea
(rumor) is that the split into the two
companies allows Amazon to buy the streaming
business.
[06:22 am] doji : Let me know if you do
something with NFLX
[06:24 am] shark : Lot of overhead
resistance in NFLX
[06:24 am] shark : consider getting out at
peak of day -NFLX -may get a pop and then
pull back
[06:26 am] garyb : Kris are you looking at
TNA for a possible quick scalp on the
bounce?
[06:27 am] mikewd2 -: garyb, i bought a small
amount TNA 32.79
[06:28 am] mikewd2 -: sold out all ZSL
14.22
[06:28 am] guitarzan1 -: I’m wishing I stayed
in TZA… sold at the end of yesterday!
Noticed that AGQ had a huge drop in
pre-trading.
[06:29 am] mikewd2 -: doji what you doing
with NFLX?
[06:33 am] shark : AAPL moving up
[06:37 am] shark : NLY -moving up
[06:37 am] shark : .60/share dividend record
date next week
[06:38 am] swingtrader : thank you mitch
..
[06:38 am] swingtrader : I am also holding
FSLR your view on that?
[06:38 am] neuronx : Mitch MTOR and FISV
still in short?
[06:38 am] doji : NFLX
[06:39 am] swingtrader : short
[06:39 am] doji : TNA
[06:40 am] shark : LULU moving up – upgraded
to $75/share today
[06:41 am] shark : AAPL hitting
resistance
[06:41 am] doji : NFLX is juts nuts
[06:42 am] scalpman : Out 1/2 CIEN
[06:43 am] lightning : Thanks for CIEN
Brent. Still have 1/4.
[06:46 am] lightning : watching FDX for
possible long
[06:46 am] shark : BAC near all time lows
from last week 6.04/share
[06:47 am] neuronx : Kris you still long
MAKO?
[06:48 am] neuronx : GIS moving up strong
[06:49 am] shark : looks like some stocks
may go back and re-test morning lows
[06:52 am] neuronx : COST bouncing
[06:53 am] mikewd2 -: YOKU L 13.88
[06:56 am] junior : MNTA…thx Kris..still
have a piece
[06:57 am] doji : Tried TNA in the rebound
but no luck…
[06:58 am] lightning : me too Doji. Oh,
well. If/when it bounces, it could be big
[06:58 am] doji : Yeap, I got filled in TNA
but then stopped when it reversed…
[06:58 am] doji : Longs not ready yet
[06:59 am] go4it : back in NFLX at 131.61
s
[06:59 am] doji : If breaks below 125 then
it will be a wild ride downwards to my 100
limit order
[06:59 am] doji : Have the “courage” to take
it here go3it?
[07:00 am] doji : TNA moves too fast
Lightning
[07:01 am] tennisball : wmgi 17.64 s
[07:02 am] go4it : doji I would like to see
you get your 100 limit order
[07:04 am] trader28 : BBBY near HOD
[07:04 am] scalpman : TNA L @ 33.91
[07:05 am] doji : Missed TNA, have been
playing tricks with me
[07:05 am] scalpman : OUt 1 /2 TNA L
[07:06 am] lightning : agree…thanks Kris.
MNTA was great
[07:06 am] junior : stp out last piece
MNTA..thanks again Kris, was a beauty
[07:07 am] swingtrader : BBY alert
[07:08 am] shark : nly[07:08 am] shark :
AA
[07:08 am] joeytsa : APD hod[07:09 am] shark
: ignore AA – meant AAPL hod[07:10 am] shark
: look at FCX -buyers here
[07:10 am] scalpman : Out another 1/4 TNA
L
[07:11 am] trader28 : CIEN trading into
Gap
[07:11 am] trader28 : BBBY HOD
[07:11 am] shark : a lot of consolidation
around the magnetic 130 area – NFLX
[07:11 am] michael : NFLX trying to decide
which way to go here
[07:11 am] junior : out a little TNA long
[07:12 am] scalpman : All out X small
profit
[07:12 am] joeytsa : FDX on a nice move
[07:13 am] shark : NLY historically gets to
over $18/share on Record date (next week)
[07:13 am] scalpman : All out TNA L
[07:17 am] mikewd2 -: FDX guided lower on
earnings, Q1 profit rose
[07:18 am] trader28 : SNDK at HOD trying to
trade into gap
[07:18 am] stevemld : SINA nice bounce
[07:18 am] joeytsa : thanks mike for the
news
[07:18 am] goodtimes : DG broke hod[07:20
am] trader28 : CIEN still higher
[07:20 am] skydiver : L TNA 34.47
[07:20 am] shark : CMG, LULU near hod[07:20
am] scalpman : TNA L @ .94
[07:21 am] mikewd2 -: doji, you still in
NFLX?
[07:21 am] joeytsa : FDX broke 68,
tightening stop
[07:21 am] doji : Never took it Mike
[07:21 am] doji : I made two stupid mistakes
with TNA, my stops were too tight…
[07:21 am] anthonyb : I made 1 stupid
mistake with TNA also Doji, I didn’t buy!
Lol[07:21 am] scalpman : Out 1/2 TNA L
[07:22 am] scalpman : Out another 1/4 TNA
L
[07:22 am] joeytsa : out FDX…another
company to put on the watch list, esp with
usps having issues
[07:22 am] doji : well but I am $300 down
Anthony
[07:22 am] doji : agghhh TNA
[07:23 am] swingtrader : cover FSLR grate
call Mitch
[07:23 am] swingtrader : BBY my price target
24.59
[07:23 am] skydiver : All out TNA
[07:23 am] scalpman : All out TNA
[07:23 am] mikewd2 -: out NFLX 132
[07:23 am] junior : out EBAY long, made up
for getting stop out this AM
[07:23 am] doji : will wait for a pull back
if any to enter again
[07:24 am] doji : For Longs right?
[07:24 am] doji : Examples Kris
[07:25 am] shark : nice work skydiver TNA
[07:26 am] skydiver : Thanks Shark and you
too. TNA was good to us
[07:26 am] mhaus : MELI
[07:29 am] skydiver : Thanks Mitch
[07:30 am] skydiver : TNA = cash cow
[07:30 am] shark : I used to love LUV, long
time ago. Now I love TNA!
[07:30 am] scalpman : SINA makes Flag…what
does that mean?
[07:30 am] qwert : mitch- can you comment on
wmgi[07:30 am] junior : out half EBAY
short
[07:30 am] joeytsa : Mitch : in smaller are
you talking shares or targets?
[07:32 am] goodtimes : long tna 34.49
[07:33 am] scalpman : Previous Day low SINA
was 90.00 ish[07:34 am] joeytsa : great job
anthony, see ya later today
[07:34 am] anthonyb : Guys, I’m heading out.
4 for 4 today. 6 winning days in a row. (on
Sim unfortunately). See you all this evening
at the webinar!!!
[07:35 am] rusty : OPTR radar…bullshort
type…would like more volume
[07:35 am] joeytsa : AGQ, higher lows on the
last 3 dips
[07:35 am] joeytsa : 2 dips
[07:35 am] goodtimes : out half tna[07:35
am] Brent : great work anthonyb[07:36 am]
joeytsa : very ugly day
[07:37 am] mikewd2 -: beauty is in the eye of
the beholder, i think it’s beautiful day
[07:37 am] eyes-inthenow : Kris What were
your thoughts on vmc[07:37 am] doji : Very
ugly for me also Joey
[07:38 am] junior : KMX nice move off the
bottom, filling gap
[07:38 am] doji : I agree Mike, but be
supportive of the guys at the other side,
remember that this world is round
[07:39 am] neuronx : Kris you still got
long?
[07:39 am] mikewd2 -: looking at NFLX
again
[07:40 am] sonorant : Doji, you’ll make it
back —
[07:40 am] lisas : Doji, I had a down day
yesterday, went through my trades very
closely last night, discovered a .10
difference in my stops would have made a down
day profitable. Keep your trades and review
them each night, it pays off
[07:41 am] junior : MOS tanking
[07:41 am] joeytsa : good job Lisa in
studying your plays and finding something
[07:42 am] lisas : I have to say that is a
great thing about tradestation, plays can be
marked on chart, has a great trade manager to
assess your performance
[07:42 am] doji : The problem was not with
TOS, it was with TDA
[07:43 am] doji : I had my orders placed but
TOS could not verify the order went through,
there were some delays
[07:43 am] doji : By the time I got
confirmation, TNA was already moving down big
and then is when my stop got filled
[07:44 am] eyes-inthenow : Doji run from TOS
that happened to me time after time not
good
[07:44 am] duckfan : AMZN acting very
strong
[07:44 am] doji : It happened twice, I
called TOS and they said they were having
confirmation problems with the exchanges
[07:44 am] candelas : do u have trading desk
on speed Doji?
[07:45 am] shark : go snail stocks, go,
move, do something
[07:45 am] doji : Thanks Guys for the
support
[07:45 am] doji : Let’s see how I reverse
the losses in the next hours…
[07:45 am] doji : I’ll switch after the
seminar to Tradestation[07:45 am] doji :
although I be busy working
[07:45 am] candelas : thx for ur over under
Kris
[07:46 am] scalpman : SINA out Even…how
disappointing…
[07:46 am] lisas : focus on technique, not
P&L, need to get success. Consider
trading smaller
[07:46 am] lisas : been there, I know
[07:46 am] joeytsa : avoid “revenge”
trades
[07:46 am] candelas : take a quick break if
u need Doji and come back refocused
[07:47 am] lightning : Doji, you are a very
good trader. Don’t sweat it. You’ve got
gains coming back your way.
[07:47 am] doji : Candelas, what do you mean
by trading desk? Do you mean support desk?
[07:48 am] go4it : Kris is NFLX forming
flag?
[07:48 am] candelas : where u can call the
trade desk to place orders
[07:48 am] candelas : basically the old
technology in case computer,glitches,etc
happen like this am
[07:49 am] joeytsa : go4it : SINA looks more
like a flag to me
[07:49 am] eyes-inthenow : candelas thanks
for the charts
[07:49 am] doji : YEs they have
[07:49 am] doji : So if you entered your
order, you wouldn’t know if it was filled or
not
[07:49 am] doji : I called them but they
said they were having problems from the
exchange to “confirm” the trades
[07:49 am] candelas : alright, was just
checking
[07:50 am] doji : twice
[07:50 am] doji : and then when I got
confirmation, all the profit had been gone
[07:50 am] doji : and got stopped
[07:51 am] candelas : been there, just keep
it positive, you will bounce back
[07:52 am] doji : Thanks Candelas, I bounced
back all this week remember….
[07:52 am] doji : but in this case is
different
[07:52 am] doji : anyway guys, sorry for
taking you away of the focus
[07:52 am] doji : and I knew that the
mistakes were mine
[07:52 am] candelas : i know cuz ur a
consistent disciplined trader
[07:53 am] trader28 : CIEN consolidating
near highs
[07:53 am] joeytsa : things happen..it’s
part of the biz
[07:53 am] derns : Kris…I have had to jump
out a few times…were you expressing NFLX
may be in for trouble here? Pls explain when
you have time if so..thx[07:56 am] trader28
: CIEN new hod[07:56 am] trader28 : CIEN
near top of consolidation at high of dada
[07:56 am] skydiver : Yes – Thanks for
sharing doji and others. Very helpful to all
of us learners
[07:56 am] derns : Thx Kris…I am one of
those NFLX longs on a swing…was planning to
hold for 3-7 days, but will adjust if
appropriate.
[07:57 am] junior : RRC
[07:59 am] truck : Mitch,,,all out of those
short swings you posted…. Thank you so
much…Great calls..[07:59 am] doji : 640
stocks hit new low today vs 4 high
[08:00 am] Mitch K: qwert I lost interest in
WMGI when it just went sideways for 10-12
minutes. when i saw other stocks moving up,
it usually means most stocks will move up
too
[08:00 am] eyes-inthenow : How tight of a
stop dish Kris
[08:00 am] candelas : yeah only have 200
long swing Nflx, but if break I will short
400shares. Or close since I am way ahead on
it
[08:01 am] qwert : thanks mitch i closed it
out tiny loss
[08:01 am] lightning : watching RRC for
possible short
[08:01 am] eyes-inthenow : GOT it THANKS
[08:02 am] shark : JVA -nice run today
[08:02 am] Mitch K: yeah, I’ve been watching
OPTR for that rusty, so far, looks
sustainable uptrend pattern, need that blow
off top in vol and price
[08:03 am] Mitch K: when you use that word
Bullshort rusty, I’m like a hunting dog who
starts salivating when meat is hung in front
of my face
[08:05 am] scalpman : Kris SINA S below
85.48?
[08:07 am] derns : NFLX…seems range bound
from yesterday thru this morning.
[08:08 am] rusty : AZO removed from solar
buy list at DB
[08:13 am] rusty : BRK.A alert
[08:13 am] mikewd2 -: that was a little spike
Mitch
[08:13 am] lightning : covered RRC short for
a nice 2% gain.
[08:14 am] neuronx : Mitch you still short
on FSLR?
[08:15 am] joeytsa : i missed the
pre-market, the opening..only made 1 stock
trade so far, couple of ES..but just moving
slow
[08:16 am] rusty : GMCR alert
[08:17 am] shark : downgraded GMCR
[08:17 am] doji : lol i just confirmation
that my order that I placed almost 2 hours
ago got filled….
[08:18 am] shark : GMCR Hearing cautious
mention at Fechtor Detwiler[08:18 am] rusty
: GMCR 50dma = 99.97
[08:18 am] joeytsa : strange seeing gold
drop along with the market
[08:19 am] neuronx : Kris you r looking to
sell KMB and VMC on break down?
[08:19 am] mhaus : l @99.85
[08:20 am] neuronx : PG looking new
lod[08:20 am] mikewd2 -: discussion on CNBC
about government shutdown
[08:20 am] junior : nice mhaus[08:20 am]
joeytsa : boehner speaking
[08:21 am] ronfrac : Kris: do U have a tgt
for DISH
[08:21 am] eyes-inthenow : Kris it has been
23 min and not doing anything what’s your
thoughts
[08:21 am] candelas : an eventful year
[08:24 am] scalpman : Yes SINA S @ 85.50
[08:24 am] mikewd2 -: SINA scares me today
[08:25 am] joeytsa : rusty…great call on
GMCR !!!
[08:26 am] neuronx : VMC breaking down
[08:27 am] ronfrac : I wish the pols would
stop giving speeches. They create plunges
[08:27 am] Kris : we want the volatility for
our trades
[08:27 am] Kris : that’s why we have the
obamashort alert
[08:27 am] Kris : be flexible ronfrac[08:27
am] Brent : nice trade ScalpMan[08:27 am]
scalpman : Out 1/2 SiNA S
[08:28 am] scalpman : S GMCR @ 102.75
[08:28 am] rusty : plunges create
opportunity when vix is 40…just don’t go
ALL IN at once
[08:28 am] guitarzan1 -: Does he have to go
and scare everyone in your nation every
day?
[08:29 am] rusty : remember politicians
create bottoms…just like they did during
the faux debt crisis in August
[08:29 am] lightning : guitar, he only
scares the smart ones
[08:29 am] joeytsa : GS…bow wow wow[08:30
am] shark : holly cazoles GS
[08:30 am] shark : goodbye Europe market
-thx for the moves!
[08:30 am] scalpman : Kris: SINA Lower from
here?
[08:30 am] rusty : lol[08:30 am] Kris :
meltdowns are the new bubbles
[08:30 am] Kris : haven’t you heard rusty?
[08:30 am] eyes-inthenow : Kris on Dish I
only entered Half when is a good idea to
complete full
[08:30 am] scalpman : Stopped on the 1/2 of
SINA Even… nuts!
[08:31 am] rusty : TZOO another one to watch
for swing…into weakness, not strength
[08:31 am] monster : MCP still strong
[08:31 am] mikewd2 -: still nice job
[08:31 am] mikewd2 -: hopefully you got
stopped scalp on SINA
[08:31 am] Kris : that’s fine scalpman[08:31
am] Kris : on the new low eyes
[08:31 am] Kris : it looks over for now
scalpman[08:31 am] Kris : drop in the bucket
and move on
[08:32 am] scalpman : Out EVEN on GMCR…
[08:32 am] Kris : what was your entry
eyes?
[08:32 am] Kris : on dish
[08:32 am] eyes-inthenow : .94
[08:33 am] swingtrader : FTSE closes in two
min
[08:33 am] Kris : you can get your second
half here if you want
[08:34 am] shark : yeah, but how many are UP
off today’s lows? joeytsa[08:34 am] joeytsa
: only 2% of the s&p is up
[08:35 am] shark : it almost looked like MCP
was going to crap in its pantsuit there for a
minute
[08:35 am] joeytsa : good question shark
[08:36 am] rd : GIS is thinking: thank
goodness for hamburger helper
[08:36 am] joeytsa : all 30 dow stocks are
down..no surprise
[08:39 am] rusty : PIP SIGA halt
[08:43 am] derns : Kris…interesting on
OPEN..I’m only studying this, but looks like
it is at year low with little support. Thots
on where it could drop to?
[08:44 am] goodtimes : DTV running up
[08:45 am] shailan : what is your stop on
DISH Kris?
[08:45 am] mikewd2 -: Kris, is YOKU
consolidating for another run up?
[08:45 am] joeytsa : makes sense Kris
[08:46 am] swingtrader : short DTV 41.70
[08:46 am] monster : dtv[08:46 am] joeytsa
: some down stocks act like they have no
support
[08:46 am] goodtimes : dtv getting rdy for
short
[08:47 am] shark : until they close at
ZERO
[08:47 am] rusty : SIGA LOSES BID TO DENY
SMALLPOX-DRUG RIGHTS TO PHARMATHENE
[08:47 am] joeytsa : on OPEN possible
“support” in steps 40,35,25?
[08:47 am] goodtimes : wow mcp really
started to go
[08:48 am] shark : closed my MCP waaaay too
soon
[08:48 am] joeytsa : rusty..you are on it
with the news, thanks
[08:48 am] eyes-inthenow : Dish not nice
[08:51 am] topdogrex : thx Mitch MCP
[08:51 am] shark : new low on mortgage rates
coming. If they get low enough, they will
have to pay us to KEEP a mortgage for 30
years, and then we still won’t be able to get
one.
[08:51 am] rusty : Big Short in SVM claims
he covered his position
[08:52 am] joeytsa : no kidding
shark..housing is a mess
[08:53 am] eyes-inthenow : It hit the stop
and turned .33
[08:55 am] swingtrader : SVM spiking watch
it
[08:55 am] mikewd2 -: BIDU l 127.87
[08:56 am] swingtrader : spy broke
[08:56 am] mikewd2 -: HP to make CEO
announcement – Meg Whitman
[08:57 am] mikewd2 -: yeah
[08:57 am] mikewd2 -: probably after close
today
[08:57 am] joeytsa : might be some good news
for your calls mike
[08:58 am] mikewd2 -: had 5k shares
[08:58 am] mikewd2 -: dumped my ZSL stocks
this morning joey – made very nice profit
[08:58 am] joeytsa : great job
[08:59 am] shark : AWESOME mikewd2!
[08:59 am] joeytsa : those who make a lot of
money in the coming down move will have some
nice cash to pick up stocks on the cheap when
things turn back up
[08:59 am] joeytsa : for investors who like
to hold…
[08:59 am] guitarzan1 -: i sure know when to
go long…. (TNA!!)
[09:00 am] mikewd2 -: bought some CSCO leaps
today – sold my other last week (125 of
them)
[09:00 am] joeytsa : thanks guitar, another
gunslinger
[09:00 am] joeytsa : dividend stocks will
look good..% will be higher
[09:00 am] guitarzan1 -: i should warn you
guys, “I’m going long” so you can do the
opposite 😛
[09:01 am] rusty : stock market only market
in the world where people run from sale
prices
[09:01 am] ronfrac : rut off 20%
[09:01 am] mikewd2 -: bummer
[09:01 am] mikewd2 -: BIDU at lod[09:01 am]
joeytsa : yep
[09:02 am] mikewd2 -: fall TNA,
[09:03 am] qwert : short open
[09:03 am] mbear : I am Kris
[09:04 am] guitarzan1 -: see…. once again i
just went long 🙂
[09:04 am] eyes-inthenow : Kris are you done
with Dish
[09:05 am] ronfrac : dow,spy, at new low
[09:05 am] neuronx : Kris you are short on
BIDU?
[09:05 am] eyes-inthenow : just a small one
tna[09:06 am] ronfrac : Is there hope of a
rally in RUT and TNA
[09:06 am] eyes-inthenow : L 100 TNA 33.42
out half 33.75 1/4 34.21 1/4 34.33
[09:07 am] neuronx : Kris we can start to
look on pullbacks for sell now ?
[09:07 am] mbear : Thanks for the head’s up
on OPEN Kris…covered short just before it
popped
[09:08 am] neuronx : since the SPY broke
lod[09:08 am] mikewd2 -: did you mean “on
sale now”?
[09:09 am] neuronx : yes
[09:11 am] rusty : GS lod[09:14 am]
guitarzan1 -: i am so jazzed about the
webinar!!!
[09:15 am] scalpman : Time to Go….another
good day. Thanks to TSA for good calls. I
played TNA mostly but got some action on
FSLR, SINA 7 for 9. See you tomorrow.
[09:15 am] lightning : Brent, can you give
the link to the schedule again, please?
[09:17 am] scalpman : I am signed up for the
webinar…but with watch the archives.
[09:17 am] lisas : I’m registered, can’t
make many of session, make sure the recording
is working!
[09:17 am] eyes-inthenow : Dish is back to
where we started
[09:17 am] Brent : there is a link three
quarters of the way down that has the
schedule
[09:17 am] Brent :
http://www.tradestocksamerica.com/webinar.php
[09:18 am] Brent : we’ve got back up
recorders lisas[09:20 am] truck : dow
transports at 52 week low..
[09:25 am] joeytsa : ready for some learning
the next 4 days
[09:26 am] joeytsa : hope so apple, hate
internet issues
[09:26 am] apple : yes, I am so ready –
hopefully my internet connection will work,
they are sending out a tech on Sat
[09:27 am] joeytsa : pretty good Morning GPS
this morning if anyone listened to it
[09:36 am] doji : TOS helped me
[09:36 am] doji : They solved my problem
[09:36 am] doji : They executed my stop and
I am now with a loss of $50 only
[09:36 am] doji : Guess what guys
[09:36 am] candelas : that’s great
[09:37 am] joeytsa : nice for them to do
that
[09:37 am] eyes-inthenow : awesome
doji[09:37 am] doji : They said it was
nothing with the trading platform but I
insisted
[09:39 am] joeytsa : About the
webinar…will there be a pdf available for
anything written in the moderator chat
box?
[09:39 am] doji : They said the Trading
Inquiry Group at TOS found that the market
maker went temporary off line right at the
moment I was moving my stop loss above my
entry price
[09:39 am] apple : good one, doji, always
speak up
[09:40 am] doji : Thanks guys, I really
appreciate the support
[09:42 am] lightning : All done for the
trading day….I’ll be back for the seminar.
Thanks TSA and everyone.
[09:43 am] neuronx : Mitch you r still in
your shorts for MTOR and FISV mtor on
resistance an fisv might drop ?
[09:43 am] candelas : had CF on list but
never pull up chart, steady uptrend since low
earlier
[09:44 am] neuronx : I mean support on
MTOR
[09:44 am] Mitch K: still excellent shorts
neuro, MTOR would be the one to consider
covering first
[09:45 am] neuronx : tks Mitch yes looks
like MTOR got some support might stop here
[09:47 am] mikewd2 -: just sold TNA
[09:47 am] doji : Anyone long in TNA? I
missed it!
[09:48 am] mikewd2 -: long from 33.46
[09:50 am] doji : TNA jumping
[09:51 am] rusty : gotta remember that when
vix is at these levels you can’t short every
bottom and not risk a big bounce
[09:51 am] junior : watching tZA here
[09:51 am] doji : Any ideas guys? The market
is moving up
[09:53 am] rusty : doji on days like this
try picking your favorite decent stock and
buy weakness and selling strength
[09:53 am] junior : mrkt still strong,
breaking downtrend?
[09:53 am] doji : After a big drop, the odds
for the market to move up than continue going
down are higher right?
[09:54 am] rusty : and if you get lucky you
might see a fully fledged reversal with a few
of those shares
[09:55 am] rusty : market is like a giant
rubber band when the vix is high
[09:55 am] klas : MCP new high
[09:56 am] rusty : not saying today is a
bottom but lots of tradable opportunities if
you buy weakness and sell the pops
[09:58 am] rusty : instead of a bottom
[09:58 am] rusty : if you wait for strength
to get excited about stocks in a high vix
market, you could buy a top
[09:59 am] monster : MCP still running
[09:59 am] mikewd2 -: MCP good run today
[09:59 am] joeytsa : good call on MCP
[10:03 am] rusty : wow nice tarzan[10:03 am]
joeytsa : nice guitar
[10:03 am] guitarzan1 -: well friends, i have
to go to work. I’m up 4.8% on the day, so
THANK YOU!!!!! see you in the webinar
[10:10 am] neuronx : KMM bouncing of
hod[10:10 am] neuronx : KMB
[10:15 am] candelas : still lot of selling
in Bidu[10:16 am] joeytsa : SINA breaking
down
[10:16 am] joeytsa : nice neuronx[10:16 am]
candelas : nice short
[10:16 am] neuronx : I like BIDU short since
126.6
[10:17 am] neuronx : tks just using Kris
ideas
[10:17 am] joeytsa : REGN just bounced up to
resistance
[10:17 am] candelas : ur still executing
them though
[10:18 am] neuronx : like to see details of
breakthrough strategy on webinars
[10:20 am] neuronx : tks Kris looks like it
stopping
[10:22 am] joeytsa : dollar index at 7month
high
[10:27 am] rusty : TLT hod[10:29 am] joeytsa
: SINA still wiggling down
[10:29 am] candelas : LMT
[10:30 am] joeytsa : FSLR lod[10:30 am]
eyes-inthenow : mnta upgraded
[10:34 am] joeytsa : finally stopped on
SINA
[10:35 am] mikewd2 -: SINA l 82.15
[10:36 am] joeytsa : mike: almost decided to
go long
[10:37 am] qwert : spy lod[10:37 am] joeytsa
: decided to play it safe rather than the
double reverse
[10:37 am] joeytsa : AGU lod[10:42 am] rusty
: MUB just off new highs….another example
of gurus who told mom and pop to short these
much lower
[10:46 am] qwert : kris- tza long on break
below 112 on spy?
[10:52 am] qwert : was waiting to see what
happens at 112 on spy
[10:52 am] garyb : when I look at the
stochastics on the charts on TZA they are
high..should we wait for a pullback?
[10:53 am] qwert : gary i see same thing but
thinking is if we lose 112 on spy won’t
matter
[10:53 am] garyb : man I took lunch at
1pm…dumb time to take lunch with TZA
[10:54 am] garyb : okay..will keep an eye on
it..thanks[10:55 am] candelas : sold 1/2 TZA
54.78 trailing stop on other 1/2
[10:56 am] rusty : TZOO lod[10:56 am]
candelas : out another 1/4 54.96
[10:57 am] rusty : SODA mild radar
[10:57 am] rusty : not necessarily for
daytrade[10:58 am] candelas : out last 1/4
TZA 55.23
[10:59 am] duckfan : what was your entry on
TZA candelas?
[10:59 am] duckfan : nice
[10:59 am] candelas : 54.57
[11:00 am] candelas : avg. was 54.69 bought
another piece on breakout
[11:02 am] neuronx : a lot of red today @
[11:02 am] garyb : might be a silly
question…but do we see a bounce in TNA?
[11:03 am] mikewd2 -: took the last bounce –
head fake
[11:03 am] mikewd2 -: TNA at lod[11:03 am]
mikewd2 -: looking again
[11:03 am] eyes-inthenow : Does anyone know
why the Markets tanking so bad
[11:04 am] mikewd2 -: china slowing,
government shutdown, etc etc[11:05 am]
neuronx : look daily on TNA support 31.5
[11:05 am] rusty : I renamed my 401 – now
call it 201k
[11:05 am] ronfrac : RUT down 19.97%
[11:05 am] mikewd2 -: thanks to Mitch
[11:05 am] mikewd2 -: glad i moved my 401k to
the sidelines last week
[11:06 am] rusty : buying TZOO small –
swingtrade[11:06 am] ronfrac : TNA trying
again
[11:06 am] garyb : tight tight stop
[11:06 am] garyb : I’m in TNA
[11:08 am] rusty : Netflix launches Facebook
integration in Canada,
[11:09 am] derns : NFLX seems to be holding
up well in today’s sell off
[11:10 am] mikewd2 -: garyb, another head
fake?
[11:11 am] joeytsa : any thoughts..how many
days with drops like this until qe3?
[11:12 am] mikewd2 -: my NFLX just sold, was
trying to move target up
[11:12 am] garyb : Mike …I raised my stop
to where I bought it 32.62 …and now I
wait.
[11:12 am] garyb : But if it drops I don’t
lose….I feel relief when that happens
[11:12 am] duckfan : have you taken any
profits Gary?
[11:13 am] garyb : not yet
[11:14 am] garyb : nice…popping up!
[11:14 am] duckfan : looks like your
patience just paid off Gary
[11:14 am] derns : Mitch…isn’t that a good
sign for NFLX long swing or am I
misunderstanding?
[11:14 am] rusty : sold NFLX back to 1/2
position again
[11:17 am] rusty : make a shopping list
[11:17 am] rusty : don’t get excited on
strength….get excited on weakness imo[11:17
am] mikewd2 -: NFLX making me dizzy
[11:17 am] joeytsa : yeah its nuts mike
[11:17 am] garyb : thanks duckfan…yes I
look at the 5 min too..in this case the
signals were all pointing up..so I was more
patient
[11:18 am] mikewd2 -: back in NFLX 128.42
[11:18 am] garyb : now I got stopped
out…..made 35 cents per share
[11:18 am] duckfan : good job, I only got
.20. I got nervous
[11:19 am] rusty : NLFX Won’t Bring Facebook
Feature to US
[11:19 am] joeytsa : yeah candelas
[11:19 am] garyb : thanks joey!
[11:19 am] garyb : paid for my commissions
and a nice dinner for my wife lol[11:19 am]
duckfan : tza[11:19 am] duckfan : Disregard
TZA-wrong window. Sorry guys
[11:19 am] candelas : been some great trades
and action today
[11:20 am] garyb : but look at TNA now…I
should have lowered stop and waited….woulda
shoulda coulda[11:21 am] mikewd2 -: i figured
you have started looking at TNA for the long
haul – garyb[11:24 am] candelas : esignal
pricing not keep up with tradestation[11:25
am] rusty : FT story saying that EU looking
to recapitalize 16 banks
[11:25 am] lara : reported Europe speeding
up recapitalization of 16 banks
[11:25 am] joeytsa : 14 point move on the ES
in less than 5 minutes
[11:26 am] rusty : FSLR defended by UBS
[11:26 am] candelas : still good call Mitch,
u taught us to be flexible
[11:28 am] Mitch K: you have to do mental
yoga to learn flexibility
[11:34 am] mikewd2 -: Rare Earth Prices to
Remain High — North American Explorers Look
Strong in the Long Term
[11:39 am] qwert : wow -1100 on tick
[11:40 am] joeytsa : PCLN was at appro 550
yesterday last hour of the market…huge
drop
[11:42 am] rusty : SIGA halt
[11:43 am] rusty : SIGA halt and unhalts
making head spin
[11:43 am] joeytsa : Mitch,Kris or Brent :
will there be a pdf of anything you guys type
in the box during the webinar…or should we
copy/paste? thanks
[11:45 am] Kris : we will be presenting via
the audio feed and there will be support
documents in the document library.
[11:46 am] Kris : the chat will be used for
the attendees to post questions that will be
covered at the end of each section.
[11:46 am] Kris : it will be recorded with a
recast of the webinar for those who attended
for 90 days
[11:46 am] joeytsa : beautiful..thanks, i
will still be taking notes..i learn better
that way
[11:46 am] candelas : siga reopened Rusty
[11:47 am] Kris : you’ll be able to enter up
to 1 hour before the webinar begins and 2
hours after it starts.
[11:47 am] Kris : The login email will be
going out when the market closes today
[11:48 am] candelas : u trading that 1
Rusty?
[11:50 am] joeytsa : SINA looking weak
[11:51 am] joeytsa : the #’s on the biggest
fallers list is crazy
[11:51 am] joeytsa : SINA’s down 9 points
today and still not in the top 8
[11:52 am] mikewd2 -: i got my one point on
the long and was out, it scares me
[11:53 am] joeytsa : I’ve been very hesitant
in taking trades today for some reason
[11:54 am] mikewd2 -: I’ve traded more today
than i think any day since starting TSA
[11:55 am] mikewd2 -: traded TNA 5 times
long
[11:55 am] mikewd2 -: NFLX 4 times long
[11:55 am] mikewd2 -: haven’t done a short
today
[11:55 am] joeytsa : only 2 stock trades
today..a few small ES scalps
[11:55 am] garyb : How did you make out
Mike?
[11:56 am] mikewd2 -: good – only lose
currently is BIDU and down on APA
[11:56 am] mikewd2 -: but holding APA for
swing
[11:56 am] joeytsa : good luck, ugly
chart
[11:57 am] mikewd2 -: remember i sold APA
twice in last two weeks over 100
[11:57 am] mikewd2 -: it will be until oil
rebounds
[11:57 am] joeytsa : but most stocks have
that
[11:58 am] mikewd2 -: main screw up today was
selling ZSL at open
[11:58 am] mikewd2 -: cost me about 3k
[11:58 am] joeytsa : mad at myself that i
didn’t short yesterday on that late day
selloff
[11:58 am] joeytsa : gary..wish i knew
[11:58 am] garyb : Last hour of the
day..anyone guess what may happen? Up? Down?
More selloff?
[11:59 am] mikewd2 -: forgot one lost on MCP
carry over from yesterday
[12:00 pm] mikewd2 -: oh i made a ton on ZSL
– bought a bunch at 10’s, 11’s and 12’s
[12:00 pm] mikewd2 -: had 5k shares
[12:00 pm] joeytsa : mike..you have guts
[12:00 pm] garyb : 3k..crap mike…did you
make it up?
[12:01 pm] sonorant : why did metals go
down?
[12:01 pm] mikewd2 -: sold at 14.23 i
think
[12:01 pm] mikewd2 -: dollar was strong they
said
[12:01 pm] joeytsa : that’s nice mike
[12:01 pm] joeytsa : BGC dropping fast
[12:02 pm] sonorant : good for Americans to
travel next summer maybe
[12:02 pm] sonorant : because euro is weak,
I suppose
[12:02 pm] mikewd2 -: NFLX tanking
[12:02 pm] mikewd2 -: cause of weak metal
prices
[12:03 pm] terry : china is slowing so there
not buying as much copper or steel
[12:03 pm] mikewd2 -: correct terry, another
reason
[12:03 pm] garyb : man..TZA shot up
again……I like stops but sometime they
work against you..but I have to admit I have
been protected from devastating losses
[12:03 pm] doji : That is true Gary…
[12:05 pm] mikewd2 -: i think eventual FCX is
going to be a steal, once strike ends and
copper prices head up again
[12:05 pm] joeytsa : EOG lod[12:06 pm]
mikewd2 -: glad i didn’t hold my FCX
yesterday for swing joey – thanks to u
[12:06 pm] joeytsa : same with silver
[12:06 pm] joeytsa : eventually steel and
copper are going to be screaming buys
[12:07 pm] mikewd2 -: still looks a bit weak
to me
[12:07 pm] mikewd2 -: always garyb[12:07 pm]
mikewd2 -: ah, was on 3 min chart
[12:07 pm] joeytsa : might start putting a
small portfolio together
[12:07 pm] joeytsa : glad it helped
[12:07 pm] garyb : lol[12:07 pm] garyb :
anyone watching TNA for a bounce?
[12:08 pm] terry : thanks to what i have
learned here at tsa i sold all my gold stocks
yesterday for a good profit
[12:08 pm] mikewd2 -: looks better on 1min
[12:08 pm] joeytsa : be interesting to see
if SPY holds 110 area
[12:09 pm] mikewd2 -: TNA l 32.63
[12:09 pm] mikewd2 -: may be early
[12:09 pm] joeytsa : congrats terry !!!
[12:09 pm] garyb : me too
[12:10 pm] eyes-inthenow : Guys Good Luck
for the rest of the day see you all at the
webinar
[12:12 pm] mikewd2 -: hope not
[12:12 pm] garyb : not I mean
[12:12 pm] garyb : I have a tight stop
[12:12 pm] garyb : Head fake
Mike?….hopefully now
[12:13 pm] joeytsa : ok traders, stay safe
the rest of the day…see you at the
webinar
[12:13 pm] garyb : looks good on 1 &
2 min
[12:14 pm] mikewd2 -: i put in stop at 0.1
below lod[12:16 pm] mikewd2 -: hopefully near
500 pts down is enough to be over sold
[12:17 pm] garyb : Mike..obviously TZA was
the dominant stock today over tna[12:17 pm]
doji : neither buyers or sellers at the
close? TNZ vs TZA war
[12:18 pm] qwert : watching nflx[12:18 pm]
mikewd2 -: my stop is at 0.27 garyb[12:18 pm]
mikewd2 -: 32.27
[12:18 pm] doji : NFLX challenging lows
[12:18 pm] doji : Anyone in TNA right
now?
[12:19 pm] mikewd2 -: i am
[12:19 pm] mikewd2 -: for 10 more cents down
anyway
[12:20 pm] mikewd2 -: yes
[12:20 pm] mikewd2 -: not anymore doji[12:20
pm] lisas : doji, I have about an eighth of
qld left, think it’s about to get stopped
[12:20 pm] garyb : you get stopped?
[12:21 pm] mikewd2 -: ZSL 15.14 bummer
[12:22 pm] mikewd2 -: wow AGQ at 162
[12:23 pm] mikewd2 -: silver commercial on
CNBC, maybe not the best time for that
[12:23 pm] mikewd2 -: or maybe it is
[12:24 pm] garyb : and I bought it this
morning for 53…excuse me while I take a
fist to my eye!
[12:24 pm] doji : TZA the clear winner…
panic in the market!
[12:24 pm] doji : For the last three days I
was tempted to go long in TZA at 3:00PM but I
didn’t …
[12:25 pm] garyb : I know doji! Me too….I
have a ton of shares a few days ago too
[12:25 pm] doji : I should have made tons of
$$$$
[12:26 pm] mikewd2 -: Mitch told you to watch
for the sell off
[12:26 pm] duckfan : L TNA 31.95
[12:27 pm] shark : you can cut down your
overnight risk with long option TNA/TZA
[12:27 pm] doji : Going long both?
[12:28 pm] shark : you could. I hadn’t
looked at a straddle for that in today’s
market
[12:28 pm] duckfan : all out of TNA
[12:29 pm] mikewd2 -: quick finger duck
[12:29 pm] duckfan : looks like I may have
been to quick
[12:30 pm] mikewd2 -: i was fixing to just go
long when you posted
[12:30 pm] garyb : I got in and out so
fast…made a quick 100…. lol[12:30 pm]
apple : joey, sit next to me…
[12:31 pm] mikewd2 -: u scare me garyb[12:31
pm] garyb : why Mike? Just scalping
today…not swinging
[12:36 pm] shark : NFLX – yeah on my dvd
player
[12:36 pm] mikewd2 -: YOKU l 14.23
[12:36 pm] mikewd2 -: thinking about it
doji[12:36 pm] doji : Anyone taking NFLX
home?
[12:36 pm] mhaus : I have it at 126.9
[12:37 pm] shark : i eat it alive when I see
those DOJI’s at the top of the range each day
here!
[12:37 pm] mikewd2 -: was hoping Mitch would
recommend a swing on it
[12:37 pm] mikewd2 -: i think it held up
pretty good today considering
[12:37 pm] mhaus : did about 2K on nflx
today
[12:37 pm] doji : Let me know if you go for
NFLX Mike
[12:38 pm] mhaus : hope to cash in on this
around 130
[12:39 pm] qwert : mitch- can you give your
thoughts on nflx here
[12:39 pm] mikewd2 -: wow mhaus, I’m made
1962.32 on NFLX today
[12:39 pm] mikewd2 -: Mitch any thoughts on
NFLX for a swing?
[12:39 pm] mikewd2 -: me must have made same
trades
[12:39 pm] doji : Mike, let me know on NFLX,
I need to match your trade…
[12:39 pm] doji : if you take it home
[12:40 pm] shark : you can probably trade
the range tomorrow after the market opens.
[12:40 pm] mikewd2 -: probably a smarter move
shark
[12:40 pm] mikewd2 -: I’m going to wait until
Mitch recommends
[12:40 pm] mikewd2 -: i was nervous last
night carrying over NFLX
[12:40 pm] mhaus : Mike, I am not going to
swing. I have set a sell limit. When it
reaches that, it is gone
[12:40 pm] apple : good job mike
[12:41 pm] mikewd2 -: probably smart
mhaus[12:41 pm] mikewd2 -: doji, going to
wait until mitch likes the bottom to swing
again
[12:42 pm] tennisball : yes Mitch
[12:42 pm] sonorant : okay mhaus, I’m
following you from now on. Were those the
only stocks you traded?
[12:42 pm] mikewd2 -: only swinging with YOKU
currently
[12:42 pm] mikewd2 -: Mitch any words of
wisdom on NFLX for swing?
[12:42 pm] mikewd2 -: and APA
[12:42 pm] mhaus : I did 4 trades on NFLX
and 4 on TNA today. All positive.
[12:43 pm] mikewd2 -: wow mhaus, what did you
do?
[12:43 pm] mhaus : I have got my share of
stupid decisions to cover for. Still need 2K
to get in green.
[12:43 pm] garyb : I’m ready Mitch! Got the
popcorn and charts ready to go!
[12:43 pm] duckfan : nice job Mhaus!
[12:43 pm] doji : After a big sell off like
we have today, how the market should open
tomorrow?
[12:44 pm] mikewd2 -: outch, with no stop?
[12:44 pm] mhaus : Yes. Recovering from SINA
losses. If my this lot of NFLX hits 130, I am
in the green
[12:44 pm] mhaus : Now Mitch and the TSA
gang is going to yell at me. I went swing
with SINA. Got clobbered.
[12:45 pm] mikewd2 -: typo, killed me for
$1800
[12:45 pm] mikewd2 -: pulling for you
[12:45 pm] mikewd2 -: i did that with NFLX,
wrong stop by 10 points.
[12:45 pm] mhaus : That’s what I said.
STUIPD OF ME. no stop.
[12:46 pm] sonorant : mike, what is your
platform?
[12:46 pm] mikewd2 -: but made up for it
today on NFLX
[12:47 pm] mikewd2 -: i place it and went to
another trade and just messed up
[12:47 pm] mikewd2 -: etrade pro
[12:47 pm] mhaus : Thanks to the Lord, I am
still 10K positive for the month. Could have
been 20K, but for my mistake last night.
[12:47 pm] garyb : good luck mhaus….I’m
down too…..but I will make up for
it……day is too short now
[12:47 pm] apple : too slow for
daytrades[12:50 pm] mikewd2 -: NFLX pushing
towards 130
[12:50 pm] mhaus : My biggest one day loss
in past 7 years
[12:50 pm] apple : tomorrow is another
day
[12:51 pm] scalpman : Nice end of
day…playing my favorite…TNA. See you all
tomorrow.
[12:51 pm] mikewd2 -: no, not until Mitch
recommends for a swing – I’ll play it
tomorrow
[12:51 pm] mhaus : just very upsetting,
since I knew that SINA was in trouble. I
should have put a stop.
[12:51 pm] doji : Did you get into NFLX
Mike?
[12:51 pm] apple : Thx MK, K, B and
everyone, Will see you all in 2 hours…
[12:52 pm] sonorant : was it a day trade or
overnight?
[12:53 pm] sonorant : watch your back on
netflix now — hitting all of those previous
open lines/previous close
[12:53 pm] mikewd2 -: oh, because they have
to be limit trades.
[12:53 pm] mhaus : The problem is stops
don’t work in after hours trading.
[12:54 pm] sonorant : and everything else
has turned down.
[12:54 pm] shark : NFLX -back in the range.
Looking pretty for tomorrow
[12:54 pm] dan : somehow it did not go
through
[12:55 pm] doji : What do you mean trading
in the range Sharky?
[12:55 pm] derns : NFLX has performed well
today..considering…in a range all day
[12:56 pm] shark : everybody got their GMCR
coffee and DMND food snacks ready ? We’re on
our own with food!
[12:56 pm] mikewd2 -: rally
[12:56 pm] mikewd2 -: oh, TSA not feeding
us
[12:59 pm] qwert : bye everyone see ya
tonight Webinar baby!
[12:59 pm] Kris : SPY is an angry doji[01:00
pm] mikewd2 -: see you guys later in the
webinar
[01:00 pm] mikewd2 -: didn’t finish below the
august low
[01:01 pm] shark : later team TSA! 🙂
[01:03 pm] ronfrac : See you later. Looking
forward to it
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