[06:14 am] Kris : Good Morning Traders
[06:15 am] Kris : everyone have a good
weekend?
[06:15 am] Kris : FMCN, BC, VPRT, BEXP, REDF
and AVGO on the short side.
[06:15 am] Kris : Today I’m watching AMT,
BMY, ATVI, QCOR, EPB and WFC on the long
side.
[06:16 am] Kris : Do we have any new members
in the room today?
[06:16 am] Kris : My weekend was great but a
little too short.
[06:16 am] Mitch : hi guys and gals
[06:17 am] Kris : If you’re new to the room,
this box is where we post our trade
setups.
[06:17 am] Kris : welcome back to the room
taco
[06:18 am] Kris : If I say LONG half that
means I’m starting with a half sized position
and looking to possibly add to the trade.
[06:18 am] Kris : If I say LONG or SHORT that
means I’m taking that trade.
[06:18 am] Kris : If we say “watching XYZ”
that means we will be looking to trade it
(usually as a reversal from a high or low)
[06:19 am] Kris : If you’re new it might be a
good idea to virtual trade the ideas for at
least a couple days to get familiar with the
strategies we trade.
[06:21 am] Brent : good morning
[06:27 am] Kris : 3 Minutes. Time to
Rock!
[06:27 am] Kris : Stay focused and let’s make
some money!
[06:30 am] Kris : BIDU short half
[06:31 am] Kris : HAL short half
[06:31 am] Kris : WFC long
[06:31 am] Kris : WLT short half
[06:32 am] Kris : out half HAL short
[06:33 am] Kris : CMCSA short half
[06:33 am] Kris : looking for 73.05 WLT
short
[06:33 am] Mitch : watching for bottom in
MRVL
[06:34 am] Kris : out another 1/4 HAL
short
[06:34 am] Kris : out half WLT short
[06:34 am] Mitch : watching for bottom in
HAL, SBUX,
[06:35 am] Kris : CCJ short half
[06:35 am] Kris : RIMM short half
[06:35 am] Kris : SPY new lod
[06:35 am] Mitch : WATCHING ip FOR BOTTOM
[06:36 am] Kris : GMCR short half
[06:36 am] Mitch : watching EW for bottom
[06:37 am] Brent : watching EPB for a
bounce
[06:37 am] Kris : FWLT short half
[06:39 am] Kris : SPY consolidating near
lows, not much follow through by the longs
yet
[06:41 am] Kris : CHKP short half
[06:41 am] Kris : SPY new lod
[06:41 am] Kris : still seeing more
sellers
[06:42 am] Mitch : watching VRTX for short
[06:44 am] Kris : RIMM looking weak against
the SPY bounce here
[06:44 am] Kris : RIMM new lows
[06:44 am] Mitch : missed bottom in FTNT but
watching for short on top of bounce; don’t
hurry
[06:45 am] Kris : WFC has to get going here
in the next couple minutes or I’m out
[06:46 am] Mitch : watching for bottom in
WLL
[06:47 am] Brent : watching HPQ for a
bounce
[06:47 am] Kris : HAL consolidating near
support, looking for a new lod soon
[06:47 am] Kris : SPY near hod resistance
[06:48 am] Kris : out half RIMM short
[06:48 am] Kris : will watch COG for a
pullback to take long
[06:49 am] Kris : out all WFC long
[06:49 am] Kris : short second half GMCR
[06:49 am] Kris : SPY failing at
resistance
[06:52 am] Kris : as a swing trade idea, I
really like the setup on ILMN short under
25.50
[06:52 am] Kris : I’ll probably day trade the
break and keep some as a 2-3 day swing if it
works well enough.
[06:52 am] Kris : SPY coming down to test
lod
[06:52 am] Mitch : OVTI shortable here
[06:53 am] Kris : CCJ new lod
[06:53 am] Kris : GMCR new lod
[06:54 am] Kris : out half CCJ short
[06:54 am] Kris : out half GMCR short
[06:54 am] Kris : SPY new lod
[06:55 am] Kris : FWLT new lod
[06:56 am] Kris : HAL coming down to test the
lows, look for a breakdown
[06:56 am] Kris : out another 1/4 CCJ
short
[06:58 am] Kris : out another 1/4 GMCR
short
[06:59 am] Kris : out all RIMM short
[06:59 am] Mitch : missed first drop here,
more downside, esp if OVTI bounces back up
above 16.50
[07:00 am] Kris : watching TNA for a quickie
long soon
[07:01 am] Kris : out all CCJ short
[07:01 am] Mitch : VRTX has a nice habit of
selling off deeply, volatile both ways
[07:02 am] Kris : out half FWLT short
[07:03 am] Kris : HAL new lod
[07:03 am] Kris : not a very convincing
bounce in the markets yet
[07:03 am] Kris : SPY gonna have some
resistance at 121.70 area
[07:03 am] Mitch : FTNT short should be
covered
[07:04 am] Mitch : POT and MOS are
bouncing
[07:06 am] Kris : SPY making another new
low
[07:06 am] Mitch : keep watching some index
like SPY to see if supporting your short or
long, right now SPY is trending down
[07:06 am] Mitch : looking for around $16
area for OVTI to cover
[07:06 am] Mitch : WPRT turned over, might
watch it for a short on a little rebound
[07:08 am] Mitch : more downside on ARCO
(this isn’t the gas stations)
[07:09 am] Kris : out all FWLT short
[07:09 am] Kris : out all GMCR short
[07:09 am] Kris : watch TNA for a long
soon
[07:09 am] Mitch : more downside on ATW
[07:10 am] Mitch : getting a little buying in
SP 500
[07:10 am] Mitch : if anyone shorted COG,
looks like bouncing (don’t think I mentioned
it earlier though
[07:11 am] Mitch : and watch VRTX for 2nd
short helping 42.35+
[07:11 am] Mitch : consider covering VRTX
short
[07:12 am] Kris : YOKU long half
[07:12 am] Mitch : also watch COG for 2nd
short 70.50+
[07:13 am] Kris : KMI long half
[07:13 am] Kris : LOW long half
[07:13 am] Kris : RNOW long half
[07:13 am] Mitch : most all the bounces in
the stocks this morning should get decent
short scalps too but don’t rush into them,
let them develop, no hurry
[07:15 am] Mitch : I think the overall
picture of stocks on the daily chart is we
might be getting a top in the market; might
last for 1-2 weeks, will be slower to change
the bullish sentiment we have now than in
previous tops the last 90 days
[07:17 am] Mitch : ATW looks like a longer
term drip down, (1-3 hours is long term for
day trade scalp)
[07:19 am] Mitch : ARCO short idea stuck,
don’t like it, consider closing
[07:26 am] Brent : watching SLXP for a
bounce
[07:26 am] Mitch : I can’t remember who we
had a discussion last week or before about
oscillators, or stochastics and how they can
stay at bottom or top of channel and stock
still moves. in the case of OVTI, where
stochastics has been at bottom of channel for
last 13 minutes and stock keeps on dropping.
The trigger point is when the indicators
reverse the other way
[07:30 am] Mitch : now you guys see what I’m
talking about with OVTI, look at stochastics
now, your signal to cover was at 7:27am
pacific time
[07:31 am] Mitch : ok, now check this daily
chart out on ATW
[07:33 am] Mitch : the SLF chart, although it
was probably earnings or something (haven’t
checked) that drove it down, it is the daily
chart that I have been looking for. we
probably are getting just the first part of
the selling that may last for 1-2 weeks
[07:33 am] Mitch : too early to call the top
but it shouldn’t be surprising that this gets
some selling. For another example of a chart
that its daily chart turned over is SLF, SUn
Life today.
[07:34 am] Brent : consider reducing SLXP
[07:34 am] Brent : next target 31.75 area on
SLXP
[07:34 am] Mitch : I think the market has
been a little hotter than the previous few
months but my guess is the market will start
gradually interpreting news with more fear
[07:37 am] Mitch : PKG shortable here
[07:42 am] Kris : SPY testing lod support
[07:42 am] Kris : still looking weak
[07:43 am] Kris : just made new lod
[07:50 am] Kris : VPRT short half
[07:54 am] Kris : AMR circuit breaker halt
[07:54 am] Kris : AMR halt
[07:55 am] Brent : consider reducing or
tightening stop on SLXP
[07:55 am] Kris : SPY coming into trendline
resistance
[07:57 am] Mitch : just saw this, JKS. more
downside on this
[07:57 am] Mitch : PKG just not moving enough
to keep my interest
[07:58 am] Kris : SPY broke trendline
resistance
[08:03 am] Mitch : monitoring VMW for
bottom
[08:04 am] Mitch : new low of day on VRTX
[08:05 am] Mitch : you look at VRTX and its
the 3rd helping short of the day
[08:11 am] Mitch : VRTX should give a 4th
helping short again
[08:14 am] Mitch : would not be surprised to
see lower low on this VRTX drop here
[08:15 am] Kris : FXCM boosting buyback
program
[08:15 am] Mitch : don’t be stubborn about
VRTX (or any stock), may not make new low,
just play it as you see it
[08:16 am] Kris : I guess they like current
prices
[08:18 am] Kris : TZA consolidating under
resistance level. Look for a long over
38.72
[08:19 am] Mitch : consider covering VRTX, or
at least most of it here 40.50 area
[08:54 am] Mitch : could be top there GMCR
[08:58 am] Mitch : interesting oil is
disconnected with the stock indexes today but
stocks are overpriced on short term
[09:01 am] Mitch : new low on JVA
[09:13 am] Mitch : new low on SPY (SP-500 etf
index)
[09:13 am] Mitch : new low on VRTX, not
surprising
[10:00 am] Kris : I would be careful taking
it long until we get a break in market trend
for the day.
[10:00 am] Kris : SPY stll in a downtrend,
GMCR broke daily support level today
[10:03 am] Kris : got punted the first time
so I’m waiting for confirmation this time.
[10:03 am] Kris : if we close today higher
than the open I’ll look to enter a small TZA
swing tomorrow derns
[10:19 am] Brent : SPY coming into trendline
resistance
[10:59 am] Brent : SPY still holding this
upper trendline
[11:18 am] Kris : look for a break of SPY to
new lod
[11:21 am] Kris : will take a quick scalp on
TZA long over hod
[11:44 am] Kris : break time. be back in
30.
[01:00 pm] Brent : have a good night
everyone, see you in the morning
[01:01 pm] Kris : good night everyone. great
job today. see you all in the morning
|
[06:07 am] joeytsa : Empire state
manufacturing index came in -8.5% with -3.0
forecast, guess they were a little off
[06:11 am] joeytsa : also, each rally not
confirmed by easing credit spreads..makes the
rally highly suspect i would think
[06:11 am] joeytsa : s&p up 14% since
October low, yet the WLI has continued to
decline
[06:13 am] joeytsa : early gap up:
BEXP,EP,APC,SNDA,PRGO
[06:14 am] joeytsa : early gap downs:
VRTX,CREE,WFC,NFLX,SINA
[06:15 am] junior : good morning Kris, great
weekend, hope yours was as well
[06:17 am] joeytsa : welcome taco
[06:17 am] taco : new returning
[06:23 am] joeytsa : the ES went from 1230
levels overnight to 1213 currently
[06:25 am] joeytsa : VRTX gapping down and
EP already coming down
[06:28 am] joeytsa : will be interesting to
see if earnings can keep this rally going or
not
[06:33 am] joeytsa : watching CMI
[06:34 am] ppann : es…3’s
[06:34 am] ppann : grabbed wfc at 25,21
[06:35 am] anthonyb : NAV dropping hard
[06:35 am] joeytsa : SINA trying to close
gap
[06:35 am] shark : EPB
[06:35 am] skydiver : sina closing gap
[06:36 am] joeytsa : NFLX running
[06:36 am] ppann : dailt pvt 1211.5
[06:36 am] ppann : on es
[06:37 am] joeytsa : closed gap i mean
[06:37 am] joeytsa : i see that ppann, just
got 2pts on the short side
[06:37 am] joeytsa : SINA closed
[06:37 am] sonorant : ppann wfc long or
short?
[06:38 am] ppann : oh by the time i posted
the multi post and had to reload the chat…
blah..lol i’m long like kris
[06:38 am] shark : EPB
[06:39 am] ppann : 1211.5
[06:39 am] ppann : 200x on bid
[06:40 am] joeytsa : APC hod
[06:40 am] ppann : gonna pick a good spot to
go short big time today
[06:41 am] joeytsa : FSLR looks weak
[06:41 am] joeytsa : VRTX might try to close
gap
[06:41 am] ppann : but i’m playing the ES up
and down
[06:41 am] ppann : till then
[06:42 am] billyjackrochester : should we
still be long wfc?
[06:42 am] joeytsa : RRC big drop last
candle
[06:42 am] mikewd2 -: WLT lod
[06:42 am] ppann : i’m looking at POT
[06:42 am] ppann : i’m still long wfc
[06:42 am] ppann : long
[06:43 am] joeytsa : AEM ugly start
[06:44 am] mikewd2 -: MRVL coming back
[06:45 am] ppann : took 1214 on ES…+2.5 on
8 cars
[06:46 am] mhaus : COG
[06:47 am] joeytsa : tighten stop if you are
in FSLR long
[06:47 am] joeytsa : trail it up
[06:47 am] shark : EPB looks good for a
bounce -watching
[06:47 am] shark : EPB new lod
[06:48 am] joeytsa : stopped out
[06:49 am] ppann : took +.33 on POT
[06:51 am] joeytsa : DLTR hod
[06:52 am] joeytsa : GS s 97.50
[06:52 am] shark : GMCR lod
[06:53 am] frmendez67 : Good tip thanks Kris
for swing trades
[06:53 am] joeytsa : trailing it down
[06:53 am] ppann : trading TVIX today
[06:54 am] joeytsa : nice trade on GMCR
[06:54 am] mikewd2 -: HPQ looking weak
[06:55 am] joeytsa : out half of GS
[06:55 am] ppann : gonna try 1206 area for
bounce in ES
[06:56 am] joeytsa : closed last half GS
[06:57 am] joeytsa : CMI going for lod
[06:57 am] joeytsa : miss the short signal
around 95
[06:58 am] joeytsa : ARCO looking ok so
far
[06:58 am] joeytsa : same page ppann 🙂
[06:58 am] joeytsa : watching V
[06:58 am] ppann : arco nice today
[07:00 am] joeytsa : dont know why..but i
hate that stock 🙂
[07:00 am] joeytsa : reshorted GS at
96.75
[07:00 am] mikewd2 -: do not understand why
NFLX will not breakdown
[07:00 am] shark : EPB up
[07:01 am] joeytsa : 95.50 i mean
[07:01 am] joeytsa : stop set at 95.50..lock
in profits
[07:01 am] Kris : well then DIE GS DIE
[07:02 am] joeytsa : small position in
V…but don’t trust it
[07:02 am] ppann : pickup at 1209…gonna
sell at 1210.5
[07:03 am] ppann : 8 cars +1.5
[07:03 am] ppann : then we should go up,
after i’m out
[07:05 am] joeytsa : SINA lower high on that
last rebound
[07:05 am] joeytsa : tight range on the ES
with the macd rising
[07:06 am] derns : NFLX is working against
the market
[07:06 am] joeytsa : WPRT is a company i am
watching longterm
[07:07 am] joeytsa : new inverse 🙂
[07:07 am] joeytsa : NFLX is the next
inverse market
[07:08 am] anthonyb : great call on mhaus
[07:08 am] joeytsa : ARCO is another one on
my longterm watchlist
[07:08 am] joeytsa : south america
[07:08 am] mhaus : KMI
[07:09 am] anthonyb : I’m still in 1/4 short
COG I owe you a steak dinner
[07:09 am] joeytsa : i believe their
earnings are next week
[07:09 am] joeytsa : yep..read up on them a
few weeks back
[07:09 am] shark : ARCO Dorado =
Arch,Gold
[07:10 am] anthonyb : all out COG thanks
Mhaus
[07:10 am] joeytsa : BIDU closed gap
[07:10 am] mhaus : u r welcome
[07:10 am] mikewd2 -: BIDU hod
[07:10 am] ppann : grabbed at 1208.5
[07:10 am] ppann : long ES
[07:10 am] shark : EPB hitting some
resistance for possible move thru
[07:10 am] sonorant : yes, who called COG?
great short
[07:11 am] sonorant : ditto, thanks mhaus
[07:12 am] anthonyb : anyone still short
OVTI?
[07:12 am] eyes-inthenow : I am
[07:12 am] joeytsa : didn’t play it, but
nice call on COG
[07:12 am] ppann : more at 1208.75..total 12
cars
[07:13 am] joeytsa : thanks for the reminder
Mitch
[07:14 am] candelas : GMCR no bounce with
markets
[07:14 am] candelas : so far
[07:14 am] joeytsa : SINA looks weak to
me…
[07:14 am] joeytsa : yeah candelas, it’s had
the fleas so far
[07:15 am] candelas : both were great
short
[07:15 am] candelas : glad ur reading it
[07:15 am] eyes-inthenow : Candelas I am
Loving the Zone Book thanks again
[07:15 am] joeytsa : no conviction on that
last attempt with SINA
[07:16 am] ppann : and more at 1207.5
[07:17 am] candelas : FMCN another
weakling
[07:17 am] candelas : TZA hod
[07:17 am] joeytsa : GS on the move down
again 🙂
[07:17 am] ppann : which is the 3 day
piviot
[07:18 am] anthonyb : only real trade I took
all day 😉
[07:18 am] anthonyb : reason enough for me
to close my ES short Ppann
[07:19 am] anthonyb : all else sim trades
[07:19 am] joeytsa : WLT showing a bit of
strength with higher lows the past little
bit
[07:19 am] lisas : good call on OVTI Mitch,
up over 3% on my last portion
[07:19 am] shark : FSLR new lod
[07:20 am] lisas : be nicer if it was live,
sim trading because our dog had seizure this
morning, leaving in 5 minutes to go to vets,
but good practice.
[07:21 am] ppann : these o7 are going to
either give us 1203 or 1210….
[07:21 am] ronfrac : Mitch; If you by POT at
49.13,stop48.83 and on the 2 min chart the
STOC crosses down and the 50 ma turns down at
49.12 . do you stick with your stop or sell
at break even?
[07:22 am] ppann : never by the 7’s….only
the 8’s or 6’s
[07:22 am] rd : vrtx reaching 42.35 area
[07:22 am] shark : AAAPL new hod
[07:23 am] anthonyb : VRTX falling
[07:24 am] observer : Thx, Kris YOKU L 20.75
out 20.91
[07:24 am] ppann : ahh ok i gonna try these
6’s too
[07:25 am] anthonyb : That would be my last
place ppann if I was a buyer
[07:25 am] ppann : ok market i give u
permission to go up now
[07:25 am] shark : AAPL to
the……….skyyyyyyyy
[07:26 am] derns : As long as NFLX is going
up, the market will go down…lol
[07:26 am] mikewd2 -: that was on VRTX long –
i got out early on %r
[07:27 am] anthonyb : brave man you are
what’s your average?
[07:27 am] ppann : 15 cars long ES
[07:29 am] anthonyb : brent are you
concerned of the daily stocs on SLXP?
[07:29 am] ppann : i thinks its around
1207.25
[07:29 am] shark : drip, drip, drip ATW
[07:30 am] joeytsa : FAZ looking ok
[07:30 am] ppann : 10:30 margin….bounce
time
[07:30 am] ppann : but we should drop to
03
[07:31 am] joeytsa : got it Mitch
[07:32 am] ppann : right on time
[07:33 am] joeytsa : V broke down
[07:34 am] joeytsa : i see that Mitch,
SLF..actually gapped down through the 50 and
20ma
[07:34 am] junior : out half SLXP….thx
brent
[07:34 am] mhaus : YPF
[07:34 am] shark : Some AAPL a day, will
keep the bill collectors away
[07:35 am] joeytsa : nice shark
[07:35 am] joeytsa : VRUS strong today
[07:35 am] ronfrac : SLF see 3rd qtr loss
600M
[07:37 am] mhaus : APC
[07:37 am] shark : AAPL volume VERY high for
1s hour of day
[07:38 am] joeytsa : lets see if GMCR can
bust thru resistance or not
[07:38 am] shark : very good question
joeytsa
[07:39 am] joeytsa : good eyes shawn
[07:39 am] shawnt4 : wynn is going straight
up
[07:40 am] joeytsa : my good friend GS on
the slow drip down
[07:41 am] mhaus : IRE
[07:42 am] joeytsa : a lot of these stocks
that have run up since the oct lows have done
so on lower volume…daily charts
[07:43 am] joeytsa : taking profits on FAZ
🙂
[07:43 am] ppann : 1.3m block at 1204.5
[07:43 am] ppann : ticks at -1043
[07:43 am] shark : lower each day they moved
up too, like a rocket losing momentum
[07:43 am] truck : out half
SLXP,,,,,,+.40
[07:44 am] joeytsa : FAZ showed one of my
favorite candle patterns between 7:34-7:38
pst
[07:44 am] ppann : wonder if GS gonna pull
his trick
[07:44 am] scalpman : Out 1/2 SLXP
[07:45 am] ppann : 20 handle rule
[07:45 am] ppann : gonna grab these 3’s
[07:45 am] ppann : picked 3 more at 1204
[07:46 am] joeytsa : SINA still looks weak
to me
[07:48 am] anthonyb : see you all tomorrow.
I had a great day today. Hope everyone has
the same. Time to shoo me some horses. See
y’all tomorrow
[07:51 am] scalpman : Out another 1/3 on
SLXP[07:48 am] junior : out VRTX
short…..thank you Mitch
[07:53 am] ppann : now total of 20 cars cost
avg 11205.25
[07:53 am] shark : NFLX hod
[07:54 am] mikewd2 -: NFLX pi–ing me off
[07:54 am] shark : are you short? mikewd2
[07:55 am] mikewd2 -: looking to cover
soon
[07:55 am] mikewd2 -: unfortunately
[07:55 am] shark : earnings coming up next
week NFLX -could really pop, seems tad
oversold in the short term
[07:56 am] eyes-inthenow : Kris on VPRT
what’s your stop over 68
[07:56 am] rusty : AMR halt
[07:56 am] shark : holy crap ….AMR –
[07:56 am] shark : reporter rusty -good job!
🙂
[07:57 am] trvlntrdr : rimm may be changing
trend
[07:58 am] ppann : out 10 cars +1…holding
10 more
[07:59 am] rusty : pardon repeat, I didn’t
see it was posted by kris
[08:00 am] ppann : took 5 off at 1206.75…+
1.5….5 cars left
[08:00 am] shark : 10 cars ??? ppann
[08:01 am] mikewd2 -: ES is what again?
[08:01 am] ppann : oh cars is slang for
contract
[08:01 am] ppann : on ES
[08:01 am] ppann : s&p 500
[08:01 am] shark : thx, ppann – ok 🙂
[08:02 am] shark : are you trading the E
Mini futures, ppann?
[08:03 am] ppann : yupper,and euro,and
yen,and bidu,and wfc, an cl,and tlt
[08:04 am] Kris : .73 eyes, will look to add
soon
[08:05 am] ppann : k i’m getting way to
impatient. took +.75 on the last 5
[08:06 am] ppann : c i’m the perfect
indicator…i sell it pop’s higher…..i luv
that
[08:07 am] ppann : China GDP is leaked, and
it’s not good…rumors..not confirmed
[08:07 am] truck : 1/4 off SLXP , plus
.60
[08:11 am] joeytsa : CLF weak today
[08:11 am] ppann : maybe waiting for a pop
upwards in the market…then short…
[08:12 am] blakesax : Mitch, what entry
price are you looking for on VRTX short?
[08:12 am] ppann : you own VRTX!!! Mitch
[08:13 am] blakesax : looks like I missed
it, not getting in here
[08:13 am] junior : out all SLXP…..thx
again Brent
[08:14 am] joeytsa : Germany’s Mercal warned
investors of no quick fix to euro problems
[08:14 am] ppann : so 10 handles from 1202
is 1212 ish the way these bounces peter out
the more confident the shorts will get
[08:14 am] truck : out rest SLXP ,,, thank
you Brent !
[08:15 am] joeytsa : CREE lod
[08:15 am] shark : that was a quick 3 min
bounce VRTX, Mitch.
[08:17 am] ppann : looking to enter a cl
short around 86.70 area…knowing me i’ll
jump way ahead and short it at 50..lol
[08:19 am] ppann : for my MENTAL!
stop87.18……my target is 85.60 ish….I’m
Gonna TRY and swing this trade
[08:20 am] joeytsa : ES banging head around
the 1207-1207.50 level
[08:20 am] ppann : yah as i was doing my
slow mow typing i grabbed it at 44
[08:21 am] joeytsa : AEM slow drip
[08:22 am] joeytsa : GS consolidating around
96
[08:23 am] ppann : gonna short cl all the
way up to .86.70 if it gets there holding 2
contracts at 86.44short
[08:24 am] joeytsa : ppann, CL has darvis
resistance 85.54
[08:24 am] ppann : build a trade of 11
contracts if i can…….u mean support?
[08:25 am] joeytsa : no resistance
[08:26 am] joeytsa : looking at darvis
box
[08:26 am] joeytsa : support around 86.44
[08:26 am] ppann : hey those r close to my
numbers…lol
[08:26 am] ppann : oh he he for my
short…lol
[08:27 am] ppann : do u pay for Darvis
separately Joey
[08:27 am] rusty :
http://realmoneypro.thestreet.com/articles//n
etflix-looks-intriguing NFLX
[08:28 am] joeytsa : i keep harping at
Lightspeed to add it and VWAP also
[08:28 am] joeytsa : no ppann, it came with
ninjatrader
[08:29 am] eyes-inthenow : ROSE New High
[08:29 am] joeytsa : waiting for a turn to
short the ES
[08:29 am] ppann : u have ninja…do u have
the tick program
[08:30 am] joeytsa : not sure what that
is..i use tick charts and have the tick
counter running
[08:30 am] ppann : 10 handles from the
low….go short that’s what i’m
thinking…….
[08:30 am] ppann : round 1212ish
[08:31 am] joeytsa : i want my indis
higher
[08:31 am] ppann : but i’m tempted to try
some 08……..
[08:31 am] shark : Absolutely rusty! Good
job!
[08:32 am] joeytsa : man, you got me haha..i
just click away 🙂
[08:32 am] ppann : does lightspeed offer
realtick trading platform?
[08:33 am] ppann : i wish i was back in the
states…..
[08:33 am] ppann : just got 4 more contracts
at 86.71 short CL
[08:33 am] rusty : GMCR negative rumors
[08:33 am] shark : GMCR new lod
[08:35 am] blakesax : VRTX looking good for
another move down
[08:35 am] joeytsa : sunday 10/23 is the big
euro meeting i believe
[08:35 am] junior : LQDT
[08:37 am] joeytsa : somehow a few months
back i got on Martin Weiss’s email list..talk
about gloom and doom
[08:39 am] junior : JCP spiking
[08:39 am] neuronx : Mitch it is no sell
signals on swing trades yet right WHR stoch
start to cross and turn down on 8 7 6 or you
use 10 8 7 now?
[08:39 am] qwert : kris- you still short
vprt
[08:40 am] ppann : grbbd 5 cars short at
1208
[08:43 am] pow : looking for bottom in
AVNR
[08:43 am] ppann : picked up AAPL450 nov
puts@ 35.7
[08:43 am] shark : did you get some
clarification on the GMCR rumor rusty?
[08:43 am] shark : GMCR new lod
[08:44 am] eyes-inthenow : Look at liz on
Daily
[08:44 am] shark : FAST GMCR
[08:44 am] shark : GMCR dropping!
[08:45 am] blakesax : holy cow GMCR!
[08:45 am] shark : GMCR alert!
[08:46 am] ppann : out es short +2
from1208…5 cars
[08:46 am] rusty : GMCR 🙂
[08:48 am] mikewd2 -: GMCR watching for 3min
fade?
[08:48 am] shark : GMCR alert!
[08:48 am] shark : GMCR dropping
[08:49 am] joeytsa : nice big candles on big
vol
[08:49 am] joeytsa : or course kris..the
ones who own it 🙂
[08:49 am] joeytsa : someone knew something
about GMCR today, slight gap down on the open
and fleas all day
[08:49 am] Kris : if you have it short start
to watch it for a bottom and then it will
setup for a 3min fade long
[08:49 am] Kris : probably have firms
defending it soon too
[08:49 am] Kris : yes, I am Mike
[08:49 am] ppann : hmmm looking to take
this sell off long
[08:49 am] shark : CNBC GMCR story
[08:49 am] shark : David Einhorn short
-making comments
[08:50 am] joeytsa : until they sell
[08:50 am] mikewd2 -: JVA moving down
[08:50 am] ppann : -1213 @1204
[08:53 am] joeytsa : out half GMCR l
[08:54 am] garyb : My TS Matrix is going
crazy on GMCR…like riding a wild bull
lol
[08:54 am] joeytsa : out last half 🙂
great call
[08:54 am] ppann : took +2 from 04 on 5
cars….5 left running
[08:55 am] shark : wow, was way oversold on
GMCR short term
[08:57 am] joeytsa : good call there
Mitch
[08:58 am] joeytsa : GMCR almost paid for my
fridge
[08:58 am] shark : GMCR -a lot of people
thought it would get added to the S&P500
last week
[08:59 am] joeytsa : “legal front running”
🙂
[08:59 am] joeytsa : shark: that usually
sets up an upside run
[08:59 am] joeytsa : sometimes get a nice
short on stocks that get delisted
[08:59 am] observer : Thx, Kris, TZA L 38.73
out 38.89, 38.94
[08:59 am] ppann : luv shorting pennies
[09:00 am] joeytsa : 4 cars
[09:00 am] joeytsa : APPl diving
[09:00 am] joeytsa : shorted ES at 1205,
out at 1204 🙂
[09:00 am] shark : yeah, that was last week,
joeytsa. then it began its decline
[09:00 am] trvlntrdr : Bidu falling
[09:02 am] dasa : junior thank you for
jcp!
[09:03 am] doji : Gary are you in TZA?
[09:03 am] doji : I am long TZA since the
open.. at 37.36….anyone long also?
[09:03 am] joeytsa : SBUX followed GMCR,JVA
down
[09:05 am] ppann : 8 cars at 1204
[09:05 am] ppann : added some at 1204 3
cars….
[09:06 am] dasa : all out JPC, good 3min
fade. Thanks junior
[09:09 am] joeytsa : GMCR: poor transparency
according to Einhorn
[09:10 am] rusty : he says that about all
his shorts
[09:11 am] dano : yes doji tza
[09:11 am] garyb : No in TZA right now
Doji
[09:11 am] joeytsa : CL trending down
[09:11 am] joeytsa : VRUS broke down thru
prev cl
[09:11 am] ppann : ahhhhh.I can’t swing for
crap……covered CL short at 86.28…total
of 10 cars
[09:11 am] ppann : long ES
[09:12 am] joeytsa : smart ppann, darvis res
at 1203.75
[09:12 am] ppann : +1
[09:12 am] ppann : 1202.25…..;10 cars
[09:12 am] ppann : gonna scalp now
[09:12 am] ppann : out
[09:12 am] shark : AAPL new lod
[09:14 am] joeytsa : i set my darvis box
with thick lines so they stand out
[09:16 am] joeytsa : re: Darvis, been
reading 2 of his lesser known books,
entertaining writer
[09:16 am] ppann : long ES
[09:16 am] ppann : u know i got back in at
1202.75
[09:17 am] joeytsa : surprised that my swing
strategy kind of follows his
[09:18 am] joeytsa : COO having a bad day
[09:18 am] ppann : 1
[09:18 am] ppann : 10 cars
[09:18 am] ppann : out
[09:19 am] ppann : never chase 1 shot to get
what i want …if not moove ur feet..:”)
[09:19 am] ppann : was trying to get in the
euro, but missed my entrance 2 diff
times….
[09:22 am] ppann : 1202/03’s
[09:23 am] joeytsa : rusty: are you looking
to swing IRE?
[09:23 am] ppann : see if i can grab some at
1203.5
[09:24 am] joeytsa : GMCR hasn’t been this
low since june
[09:24 am] rusty : not sure I am into Irish
banks but the action is certainly worth
watching
[09:25 am] joeytsa : as a daytrade i mean
[09:25 am] joeytsa : not enough daily range
for me to trade it
[09:25 am] rusty : oversold, big volume,
hammer, etc
[09:28 am] joeytsa : DECK lod
[09:28 am] ppann : on the ES
[09:28 am] ppann : so the low at 3:10 will
be lower than the 2pm high……
[09:30 am] joeytsa : AAPL dropped due to a
downgrade
[09:31 am] ppann : so buy 10:20 low….sell
11:40 high…buy the 12:20 low…on and
on…..selling the spill is what this is
called
[09:32 am] joeytsa : trv: the average trader
must have just seen the news 🙂
[09:32 am] ppann : 3’s
[09:32 am] ppann : gonna go long ES here
[09:32 am] trvlntrdr : gmcr again
[09:33 am] ppann : 10 car 1203
[09:33 am] ppann : gs just did his trick
[09:33 am] shark : new lod GMCR
[09:34 am] joeytsa : good call on both the
ES and GMCR
[09:34 am] ppann : 5 running
[09:34 am] ppann : out+1 on 5 cars
[09:34 am] shark : GMCR alert!
[09:35 am] joeytsa : GOOG/PCLN down on the
day..PCLN broke below 500
[09:38 am] ppann : getting back in at
1202.25
[09:38 am] ppann : took the other 5 at 04 as
well, for +1
[09:38 am] trvlntrdr : I have been short
GMCR all day but I have to do some other
paperwork and cant trade much!
[09:39 am] ppann : 15 cars this time
[09:41 am] joeytsa : watch your profits
ppann
[09:41 am] rusty : Icahn says not interested
in RIMM
[09:42 am] ppann : all flat
[09:42 am] ppann : took
1203.75….from1202.25
[09:42 am] shark : GMCR new lod
[09:45 am] eyes-inthenow : Guess What I
forgot to turn on my real account this
morning and what a day
[09:46 am] ppann : see what i mean about how
i way over trade……..totally forgot about
my usd/jpy short…still made $27.
[09:47 am] eyes-inthenow : ya and i was so
exited
[09:47 am] garyb : Really eyes..so you
thought you were making real money when you
where in SIm mode?
[09:47 am] joeytsa : missed that short on
the ES
[09:47 am] ppann : -1139
[09:47 am] ppann : grabbd 01.75
[09:47 am] ppann : ok gonna long es on
this drop
[09:48 am] ppann : 1200.75
[09:48 am] ppann : apple puts rockn
[09:48 am] ppann : taken it long
[09:49 am] joeytsa : but bbs turned down
[09:49 am] joeytsa : indis pretty low
ppann..should be a go
[09:49 am] joeytsa : quick scalp
[09:49 am] ppann : total of 12 cars
[09:50 am] joeytsa : didn’t think it would
shoot up that much, oh well
[09:50 am] joeytsa : in1200.75, out 1201.25
🙂
[09:51 am] ppann : i’m looking for the
3’s
[09:51 am] rusty :
http://blogs.barrons.com/stockstowatchtoday/2
011/10/17/einhorn-nails-green-mountain-in-110
-slides/?mod=yahoobarrons
[09:52 am] ppann : would like to c a nice
pop
[09:54 am] ppann : now i’m all cash except
for this trade….feels nice
[09:54 am] victor51 : Going long on GMCR.
Anyone else participating?
[09:55 am] ppann : finally,-1001 at 1200
[09:55 am] ppann : grabbd 3 more at
1200.25
[09:56 am] joeytsa : not me victor…i’m a
chicken on that one
[09:57 am] billyjackrochester : good time to
short gmcr? when it tops ?
[09:57 am] rusty : COO radar
[09:58 am] joeytsa : APKY lod
[09:58 am] joeytsa : i forgot all about them
rusty, thanks…had them on my radar
earlier
[09:58 am] ppann : all the bounces have been
lame….if we get a decent bounce should
bring in a short squueze.for a thrust and
reverse…
[09:59 am] joeytsa : not sure if there is
much profit in APKT though..i will avoid for
now
[09:59 am] ppann : the pit low is 1199.8
[10:00 am] joeytsa : victor: nice call on
GMCR long, just watch your profits
[10:01 am] derns : Kris…would you consider
a TZA swing?
[10:01 am] joeytsa : miss a nice one in
GMCR..bwaak bwaak
[10:06 am] derns : thx Kris…I am long TZA
at 38.85
[10:07 am] joeytsa : not risking much
[10:07 am] joeytsa : s GMCR 82.85
[10:08 am] derns : Doji…nice entry!!
[10:08 am] doji : if any tomorrow
[10:08 am] doji : I’ll ride my TZA as swing
Derns…. I got it at the open today so have
more room to account for any reversal
[10:08 am] doji : will add tomorrow in a
pullback
[10:08 am] joeytsa : out, that was quick
[10:11 am] joeytsa : VMW trying to hold
support line
[10:13 am] joeytsa : GMCR holding 5ma
support
[10:16 am] joeytsa : GMCR breaking
support
[10:17 am] ppann : took .26 on POT 500
shares
[10:19 am] doji : Drop in the bucket
ppann!
[10:20 am] ppann : every little bit helps
[10:21 am] ppann : and its only1:20
[10:21 am] ppann : let’s see know total
profits today 17,400
[10:22 am] ppann : i am planning on trading
till 3am like every day
[10:23 am] derns : Ppann..do you trade round
the clock? how?
[10:24 am] blakesax : VRTX has been
beautiful today
[10:24 am] blakesax : VRTX trying to make me
go for number 6 short of the day
[10:24 am] derns : yes…do you trade on
other exchanges?
[10:24 am] joeytsa : FOSL trying to get to
prev cl on a rounded bottom
[10:24 am] pandozzi : grabbed 2 bucks off
that gmc
[10:24 am] pandozzi : long
[10:25 am] ppann : all out at 1203.5
[10:26 am] ppann : oh yes.derns; cl and es
at night…globex…..and eur/usd and usd/jpy
the forex market
[10:28 am] derns : wow…good for you…I’m
sure you can keep a clearer head than me
around the clock.
[10:28 am] ppann : you guys, i trade the way
i do because i am on a way way serious
mission…for me it’s do or die!!!!!!
[10:29 am] ppann : but it’s the only way for
me….
[10:29 am] ppann : so for 1 year i have way
way way overtraded….
[10:30 am] ppann : doesn’t mean i’m some
great trader or something…my determination
forces me to follow the rules
[10:31 am] ppann : that’s all, i just try
and fill my screens with examples of what
rules i recogn. at that moment
[10:34 am] derns : Good discipline Ppann..if
your making 17,400 per day..that is truly
great
[10:35 am] ppann : if ES hits 1209
btw….bear trap….
[10:35 am] ppann : no just today and here
and there
[10:36 am] candelas : but if it works 4u
[10:36 am] derns : wow! I encourage you to
stay disciplined
[10:36 am] pandozzi : I’m in on this vrtx
short where we looking to cover any
insight
[10:36 am] ppann : normal day is 3 to
10k/day every day,,,,but my days are
16hrs…..way,overtrade
[10:37 am] ppann : it’s also putting a HUGE
strain on my health
[10:38 am] blakesax : VRTX baby, i love
you
[10:38 am] derns : Doji…looking good on
TZA!
[10:38 am] derns : I can understand
that…perhaps you could add the discipline
of a break during the day for exercise.
[10:39 am] doji : and good job Derns!
[10:39 am] doji : Got distracted, I should
have added at 39.25… I’ll wait how it moves
today
[10:40 am] derns : How did you arrive at
39.25? I am also thinking of adding to my
swing..let me know what you do
[10:40 am] doji : That is the trendline
support on TZA Derns
[10:40 am] ppann : third normal program
selling1198.5
[10:41 am] derns : Doji..trendline support
on what interval?
[10:41 am] ppann : used to be a kungfu
teacher up to a few years ago…i still ru my
form,to keep me awake:0
[10:42 am] doji : Draw a line on TZA from
9:45 to 11:40 and forward on 1min chart
Derns
[10:43 am] derns : got it..thx
[10:43 am] doji : and on TZA you can draw
three support trendlines
[10:43 am] doji : In fact there are three
lines… the “Fan” Principle… I was reading
that last week
[10:44 am] blakesax : average timing would
have yielded well over 6% on VRTX shorts
today…it’s my new favorite!
[10:44 am] doji : That is my humble and
personal reasoning behind my entry Derns
[10:44 am] pandozzi : vrtx just keeps
giving
[10:46 am] blakesax : looking for another
short entry on VRTX around .53
[10:46 am] derns : Doji..I’m still learning,
so it is all appreciated.
[10:46 am] doji : Me too Derns, me too
[11:18 am] Brent : that’s Esignal pandozzi
[11:18 am] pandozzi : where can i get that
chart that mitch is using now?
[11:23 am] sonorant : Brent, Kris, all last
week I kept forgetting to ask you about the
session manager settings you are using. My
previous (and current) days open and close
and high and low are being taken from
midnight — not from 6:30 – 1:00 PT. I know
I need to change the settings on my session
manager, but it is a maze in there. How do
you have yours set?
[11:25 am] Brent : mine is the same way
sonorant, I’m trying to figure that one
out
[11:26 am] joeytsa : FOSL nice little spike
on higher volume
[11:26 am] Kris : go on session manager
[11:26 am] Kris : select monday
[11:26 am] Kris : you have it set as default
24/7?
[11:26 am] sonorant : yes
[11:27 am] Kris : changes your session start
time and session end time.
[11:27 am] Kris : do that for each weekday
[11:27 am] Kris : makes sure your session
time is set to the time zone your NT is
configured for
[11:27 am] Kris : sorry, click edit
[11:28 am] Kris : also, another option
[11:28 am] Kris : and not get the premarket
or aftermarket values in your lines.
[11:28 am] Kris : if you don’t want to edit
your default 24/7 template, you can save it
as a new template
[11:28 am] Kris : make sense sonorant?
[11:28 am] Kris : that should also help those
of you that are trying to use previous day
high and low S/R levels in NT
[11:28 am] sonorant : thanks — am working
on it.
[11:29 am] Kris : call it maybe “Default
Stocks” or something like that
[11:29 am] sonorant : Monday is fixed.
Working my way through. thanks.
[11:30 am] joeytsa : GME
[11:30 am] junior : GME
[11:32 am] ppann : long 1197.5
[11:33 am] ppann : more at 1196
[11:34 am] joeytsa : watching VMW
[11:35 am] joeytsa : ESI been on a nice
drop
[11:36 am] eyes-inthenow : where is session
manager
[11:37 am] derns : Kris…TZA is hod
[11:37 am] joeytsa : tools section eyes
[11:37 am] ppann : yup. and i feel like i
scalped every pop…….lol
[11:38 am] ppann : 20 handle rule
[11:38 am] ppann : more 1194.5
[11:40 am] sonorant : eyes, it is in
Tools
[11:41 am] sonorant : start by choosing
“new” if you don’t want to redefine what is
currently in there.
[11:42 am] ppann : 18 cars c/a 1195…
[11:42 am] ppann : out+1.5 1196.5
[11:43 am] sonorant : Then, you have to go
in to each chart — go in to Data Series, and
under the Data heading, under “session
template”, choose the new session template
that you created.
[11:44 am] eyes-inthenow : what is the
advantage of setting that up
[11:44 am] sonorant : I would like this to
be saved with my chart template, but I am
betting it won’t do that, and I’ll have to
alter them one by one — I had to change them
one by one for modifying “days to load”.
[11:45 am] eyes-inthenow : yes
[11:45 am] sonorant : eyes, do you use the
open high low close indicators?
[11:46 am] eyes-inthenow : o i see thank
you
[11:46 am] joeytsa : SINA might be breaking
down
[11:46 am] sonorant : well look back, like
on a 10 or 15 minute chart and see where it
is taking that data from.
[11:47 am] sonorant : because my session
template was set to that 24 hour default, all
of my opens and closes came from midnight.
And I think my highs and lows must have
included after market hours — I would have
to double check that.
[11:48 am] sonorant : VRTX up, up
[11:53 am] derns : So..anyone think we will
have an accelerated close like last week?
[11:54 am] joeytsa : you got me derns
[11:54 am] rusty : ESI radar
[11:55 am] derns : Joeytsa..those closes
took me by surprise, but enjoyed a couple of
them in the last 30 minutes..quick small, in
the bucket, trades
[11:56 am] joeytsa : those were nice
[12:00 pm] ppann : i’m gonna take 1199’s
[12:02 pm] doji : SPY broke trendline
resistance
[12:02 pm] joeytsa : eye on VMW on this
little run up
[12:02 pm] joeytsa : nice work ppann
[12:02 pm] joeytsa : same with GMCR
[12:02 pm] ppann : out at 1199.50,,,,+4.5 8
cars
[12:03 pm] ppann : thanks joey….
[12:14 pm] joeytsa : APC nice move
[12:16 pm] rusty : S&P downgrades FSLR,
lowers target to 60 from 124
[12:18 pm] joeytsa : maybe they should have
done that back in july..idiots haha
[12:18 pm] joeytsa : you know..when it was
actually AT 120 haha
[12:25 pm] rusty : SP among lowest daily
volume days since summer
[12:28 pm] derns : It seemed the volume
really dropped off after the first 2 hours of
trading
[12:28 pm] sonorant : today rusty?
[12:31 pm] joeytsa : did WLT get a big spike
down?
[12:31 pm] joeytsa : or an error on my
chart?
[12:31 pm] rusty : WLT halt
[12:31 pm] rusty : yes
[12:32 pm] joeytsa : ahhhh
[12:32 pm] joeytsa : looks like it spiked
down to 65.49
[12:33 pm] joeytsa : APC hod
[12:33 pm] sonorant : Kris, changing my
session template fixed my data input problems
for open and close data, but now I have lost
all of my after hours trading data — the
place I put the session template was in the
data series. ?? I will go look and see if
there is a place to drop it in on individual
indicators
[12:35 pm] sonorant : Kris, I don’t see a
way to have my cake and eat it too
here….
[12:36 pm] qwert : vrtx is just the gift
that keeps on giving
[12:37 pm] joeytsa : WLT trading again
[12:39 pm] cowboyh : NFLX alert
[12:39 pm] shark : SPY testing lod
[12:42 pm] doji : added more at 39.20
[12:42 pm] doji : I am taking home my TZA
[12:42 pm] sonorant : I just traded 20
shares all day long — but I am in the
black!
[12:42 pm] sonorant : yes — i saw you got
that — good work!
[12:43 pm] doji : Sonorant, sell 19 and give
1 share to Candelas!
[12:43 pm] rusty : SQNS radar.. off of
lows
[12:43 pm] shark : yes, some NFLX buyers in
bulk here
[12:43 pm] sonorant : Of course — how could
I not have thought of that!
[12:44 pm] doji : Here come the buyers
[12:44 pm] rusty : SBNY radar
[12:44 pm] sonorant : eyes — I am at $6.60.
Have been up to $11 and down to around
negative 3 I think
[12:45 pm] doji : ?????
[12:45 pm] doji : Friday News: Dow in the
Green for the Year!
[12:45 pm] doji : Monday News: Dow back in
red for 2011
[12:45 pm] eyes-inthenow : Don’t look at the
money I lost my zone for the day
[12:45 pm] shark : A lot of stocks producing
“doji’s” today
[12:46 pm] doji : Time for reversal!
[12:46 pm] doji : YEap Sharky!
[12:47 pm] doji : The SPY is just up and
down every other minute… a lot of
volatility at the top and bottoms of the
market
[12:48 pm] shark : looks like a battle
between EARNINGs news and EUROPE
[12:49 pm] derns : We may find out they are
on the same side.
[12:54 pm] garyb : today is the first big
negative day….in a while…looks like the
market is turning over for a bit
[12:54 pm] joeytsa : some guy on cnbc said
there was a 75% chance that we have already
seen the years low
[12:55 pm] Brent : how did he figure 75%
[12:55 pm] Brent : I would’ve thought 74%
[12:55 pm] candelas : keep tabs on REGN,
consolidating on daily
[12:55 pm] joeytsa : must be nice to think
you have a crystal ball
[12:56 pm] candelas : place on list
[12:56 pm] joeytsa : i didn’t hear…all
those guys are jokes
[12:56 pm] joeytsa : same types that buy
stocks with no stop loss
[12:57 pm] garyb : Just bought some TZA for
a swing
[12:57 pm] sonorant : didn’t one of us used
to do that??
[12:57 pm] sonorant : OIL almost held its
own today.
[12:58 pm] joeytsa : like how s&p gave
FSLR a downgrade, 3months after they started
dropping
[12:59 pm] sonorant : man — TZA is up to
$40 again. That is where many of us were
thinking of getting in last week
[01:01 pm] garyb : TNA & TZA are both 39
and change….the battle is on!
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