[06:17 am] Kris : good morning traders
[06:18 am] Kris : This morning I’m watching
PVH, SGEN, STX, HGG, GRMN, FST, DMND and THOR
as possible long trades
[06:18 am] Kris : WAG, HTLD, CVC, and THOR on
the short side
[06:22 am] Kris : OPEN, not THOR as short
[06:22 am] Kris : sorry
[06:28 am] Kris : 2 Minutes. Time to
Rock!
[06:29 am] Brent : good morning
[06:30 am] Kris : FST long half
[06:30 am] Kris : GMCR long half
[06:31 am] Kris : JAZZ long half
[06:32 am] Kris : CTSH long half
[06:34 am] Kris : VRTX short
[06:34 am] Mitch : watching for bottom in
VRUS to buy
[06:34 am] Mitch : watching TEVA for bottom
to buy
[06:36 am] Brent : watching EOG for a
short
[06:36 am] Kris : out half FST long
[06:37 am] Kris : CTSH long second half
[06:38 am] Kris : VRSN buyout rumor
[06:38 am] Mitch : no buy signal yet on
VRUS
[06:39 am] Mitch : looking for short in EOG
soon
[06:39 am] Mitch : watching for bottom in
APKT to buy
[06:42 am] Kris : out half CTSH long
[06:43 am] Brent : watching MYGN for a
bounce
[06:43 am] Mitch : looking for buy entry in
BID
[06:44 am] Mitch : consider reducing TEVA
long
[06:45 am] Kris : FSLR long half
[06:45 am] Kris : HUN long half
[06:46 am] Kris : AMRN rumor patent delay
[06:49 am] Mitch : missed JAZZ bottom to buy
but monitor for short on top of bounce
[06:50 am] Mitch : LH turning over, worth
small short
[06:51 am] Mitch : watching IVN for short
soon
[06:53 am] Kris : GG long
[06:53 am] Mitch : watching DHX for bottom to
buy
[06:55 am] Mitch : ICE turning up
[06:55 am] Mitch : watch ICE for bottom
[06:56 am] Kris : FSLR rumor
[06:56 am] Kris : out half HUN long
[06:56 am] Mitch : LH could get to 81.55 area
again
[06:57 am] Kris : FSLR exploring options for
sale
[06:57 am] Mitch : DHX bounce dead, moving on
to diff stock
[06:57 am] Mitch : looking for 20.80 area on
IVN
[06:58 am] Kris : SPY testing lod[07:02 am]
Kris : see what kind of bounce we get here
[07:02 am] Kris : SPY breaking trend
[07:03 am] Kris : NFLX long
[07:03 am] Mitch : watching for short in
BDX
[07:04 am] Mitch : bounce in APKT
shortable[07:04 am] Mitch : IVN has
reputation of good seller, volatile both
ways
[07:07 am] Mitch : probably good place to
cover most of LH, not breaking below 81.80
easily
[07:08 am] Mitch : looking for 38.50 area to
cover JAZZ short
[07:09 am] Kris : out half NFLX long
[07:13 am] Kris : watching RIMM for a short
below 18.95
[07:15 am] Kris : crude oil inventories in 15
minutes
[07:19 am] Kris : RVBD takeover chatter
[07:25 am] Kris : NFLX testing hod[07:26 am]
Kris : NFLX breakout
[07:26 am] Kris : out another 1/4 NFLX
long
[07:29 am] Kris : watching RVBD for a short
soon
[07:30 am] Kris : watching STX for a short
[07:31 am] Kris : not enough money in STX
short from here, needs to move up another
+.20 for me to consider the reversal
[07:34 am] Kris : look for SPY to retest the
lod[07:34 am] Kris : lower high
[07:34 am] Kris : SPY turning weak
[07:35 am] Kris : XL breakout with rumor
[07:35 am] Kris : XL takeover chatter
[07:36 am] Kris : NFLX another new hod[07:37
am] Kris : out all NFLX long
[07:37 am] Kris : RIMM short
[07:44 am] Kris : no, I’ll pass on the NFLX
short
[07:46 am] Kris : out half RIMM short
[07:47 am] Kris : out another 1/4 RIMM
short
[07:48 am] Kris : SPY about to test hod[07:50
am] Kris : SPY fast break out of hod[07:52
am] Kris : JAZZ looking sickly, could be a
good short setup under the lod.
[07:53 am] Kris : GG another new hod[07:53
am] Kris : where is your stop chinhngo?
[08:02 am] Kris : see if SPY consolidates
here under hod resistance, could give another
move up on a new hod.
[08:17 am] Kris : SPY making nice
consolidation here
[08:17 am] Kris : TNA might be worth a long
over hod[08:18 am] Kris : is it a greek
holiday or something?
[08:18 am] Kris : it seems quieter today, I
wonder why?
[08:21 am] Kris : bad trade
[08:21 am] Kris : NTES diminishing volume,
careful with the long
[08:21 am] Kris : you should have never went
short STX eyes
[08:31 am] Mitch : Every time we have a high
profile bankruptcy, latest being MF Global,
volume goes way down, retail investors are
less active, less speculation, people in
general pull in. Now we are finding out bad
accounting, highly leveraged (32 to 1)
investments, clients’ assets also
misappropriated. This all creates a
skeptical and cynical view in the investors’
minds and they don’t invest or trade.
[08:32 am] Mitch : the outflow of funds from
stocks to bonds were very obvious in October
and this trend is likely to continue with the
Greece situation an ongoing stressor and now
MF Global.
[08:33 am] Mitch : What we really need is a
president who can lead and inspire the
people. And that is our single biggest
asset. That is a quote from Mitch King
[08:37 am] Brent : HNT big move towards
hod[08:38 am] Mitch : It is difficult to
quantify the psyche, the emotional state of
mind of a group of people, maybe 200 mil
adults in US, and what the cumulative power
of that is. But we know for sure negativity,
fear mongering, blaming, bickering will not
bring a country together. When the market
sees or projects that Obama will not be
re-elected, I believe stocks will start
building a base and start trending up. And
bring back people into the market although
this may take another 12-18 months
[08:41 am] Brent : resistance at 21.65 area
on DFT
[08:41 am] Brent : watching DFT for a
short
[08:46 am] Mitch : monitoring HUM for top,
may be awhile
[09:02 am] Mitch : APKT gradually selling
down, returning to downtrend line today
[09:02 am] Mitch : HUM a little strong, short
doesn’t look like breaking down much more
[09:04 am] Brent : DFT not acting right,
needs to get moving
[09:06 am] Mitch : another reason for today’s
low volume and volatility is we are waiting
for a Fed decision in about 25 minutes
[09:32 am] Mitch : “Exceptionally low
interest rates” phrase being used
[09:32 am] Mitch : Fed Decision: no change
in target rate,
[10:02 am] Mitch : big down spike
[10:04 am] Kris : watching TNA for a long
[10:08 am] Mitch : consider covering APKT
short
[10:08 am] Mitch : getting a bottom
[10:27 am] Brent : SPY at trendline
resistance
[11:12 am] Mitch : hey you guys, we have
Groupon IPO tomorrow right?
[11:21 am] Mitch : good eye on IACI Rusty
[11:21 am] Mitch : should get a short on top
of IACI
[11:21 am] Mitch : should get a short on top
of IACI but not for quite a while, if ever
[12:04 pm] Brent : SPY at trendline
support
[01:00 pm] Kris : good night everyone, see
you tomorrow.
[01:00 pm] Brent : have a good night
everyone, see you in the morning
[01:03 pm] Mitch : or a lot of it
[01:03 pm] Mitch : later guys, and girls.
its a little on the quiet side today and
yesterday. i think this MF Global and Fed
decision day was part of it
|
[06:04 am] joeytsa : non-farm came in up at
110k, crude inventories at 7:30pst, and a few
FOMC things starting at 9:30pst
[06:08 am] joeytsa : gap down:
DMND,CTSH,CECO,OPEN,EZCH
[06:09 am] joeytsa : gap ups:
GRMN,CLF,VRUS,BIDU,SINA,GOLD
[06:14 am] joeytsa : MA has a real nice gap
up also
[06:19 am] victor51 : DMND AND HGSI BIG DROP
IN AFTER MKT
[06:19 am] joeytsa : WYNN up 5+ premarket
[06:20 am] taco : what’s the idea for
MELA?
[06:20 am] ghaziar : THOR — on both long
and short list!! Kris.
[06:20 am] joeytsa : victor; i think DMND
was a bad earnings report, they also got
downgraded
[06:25 am] apple : THOR obviously can go
both ways today
[06:26 am] shawnt4 : Are you looking at Wynn
as a long or a short
[06:32 am] joeytsa : FSLR down
[06:34 am] zentrader : is anyone still using
the “HEAT GUAGE” from the last seminar??
[06:34 am] joeytsa : looking for VRUS to
close that gap
[06:34 am] apple : i am
[06:34 am] lightning : Zen, I use the heat
gauge when trading the CL
[06:35 am] joeytsa : i have to learn about
the heat gauge more
[06:35 am] joeytsa : EOG hod…might get
toppy
[06:35 am] lightning : Zen, but it isn’t the
among my most important indicators
[06:36 am] lightning : …at least for the
types of CL trades I look for.
[06:37 am] joeytsa : lightning: do you only
trade the CL or do you ever look at the QM..i
usually only follow the CL
[06:37 am] joeytsa : DMCN following the
trendline down
[06:38 am] joeytsa : GRMN really weak so
far
[06:38 am] jewels0 : FST nice
[06:38 am] lightning : covered 2/3 GRMN
short
[06:38 am] zentrader : I’m interesting in
using the heat gauge on stocks
[06:38 am] joeytsa : VRUS closed gap nicely
and then some
[06:38 am] zentrader : see how it works
out
[06:38 am] lightning : out rest GMRN
[06:38 am] shark : SPY lod[06:38 am] joeytsa
: that was DMND above..typo[06:38 am]
skydiver : VRSN – rumor take over chatter
[06:40 am] pandozzi : anyone else have a
apkt short here?
[06:41 am] mikewd2 -: went long at 37.6
[06:41 am] joeytsa : beautiful how DMND just
follows that 5ma down
[06:41 am] apple : L APKT 37.80
[06:42 am] apple : yes, joey, thx for
DMND
[06:42 am] joeytsa : :)..easy $1 profit
!!!
[06:42 am] pow : DMND
[06:43 am] zentrader : careful with APKT,
apple
[06:43 am] joeytsa : anybody catch that
short in EOG?
[06:44 am] apple : missed it
[06:44 am] lightning : L VRUS avg 76.74
[06:44 am] chinhngo : yes i short cog and
covered thank for this call
[06:45 am] pow : AMRN
[06:45 am] rusty : AMRN alert
[06:46 am] joeytsa : NBL lod…hit
resistance and lowered
[06:46 am] monster : gmcr[06:47 am] skydiver
: L CTSH 68.74 —
[06:47 am] skydiver : keep going CTSH
[06:47 am] joeytsa : TWX s ugly..not sure
there is much money to be made there
though
[06:48 am] pow : trw[06:48 am] lightning :
stopped VRUS long.
[06:49 am] skydiver : moving stop up on
CTSH
[06:49 am] ronfrac : Kris in FST 1000@ 13.88
out 14.42 tHX[06:49 am] joeytsa : VRUS
looks really weak
[06:49 am] aussie123 : BID….put volume
outpacing calls 60 to 1
[06:50 am] joeytsa : good info aussie
thanks
[06:50 am] skydiver : stopped out on CTSH at
69.49
[06:51 am] lightning : GMCR could have a
nice bounce when it finally hits bottom
[06:51 am] billyjackrochester : eog
short?
[06:52 am] joeytsa : EOG might be powering
up for some move
[06:52 am] shawnt4 : in LH 82.12
[06:52 am] billyjackrochester : up?
[06:52 am] joeytsa : not sure yet haha[06:53
am] apple : wait and see lol[06:53 am]
joeytsa : $80 level in SINA a magnet
[06:54 am] rusty : FSLR takeover rumors
[06:55 am] lightning : L 1/2 GMCR 62.35
[06:56 am] chinhngo : mr kris what is rumor
for fslr i short fslr[06:57 am] apple :
chin, see rusty’s post at 6:54, takeover
rumor
[06:57 am] pandozzi : ill take this apkt
short to the bank
[06:58 am] lightning : L 2nd 1/2 GMCR, avg
62.50
[06:58 am] ronfrac : long GRMN
[06:58 am] skydiver : S IVN at 21.16 –
slowly going down
[06:59 am] pandozzi : apkt just netted me
the trade of my life 10gs
[06:59 am] pandozzi : covered at 37
[07:01 am] rusty : Analyst defending AMRN
[07:02 am] rusty : CECO radar
[07:03 am] shark : education going down the
tubes
[07:04 am] anthonyb : ADBE
[07:05 am] rusty : SINO halt
[07:05 am] skydiver : still in IVN
[07:05 am] electrader : s IVN 21.10 cover
1/2 20.88
[07:06 am] skydiver : good job
electrader[07:06 am] lightning : out GMCR
for a tidy little profit
[07:06 am] skydiver : S IVN at 21.16 –
moving stop down again
[07:07 am] electrader : good entry
skydiver
[07:07 am] electrader : i was a little slow
on trigger
[07:08 am] rusty : SINO open
[07:08 am] skydiver : Thanks electrader – I
thought I hit my trigger too soon, but ok
[07:08 am] rusty : CECO bouncing
[07:08 am] skydiver : All out of IVN at
20.81
[07:09 am] electrader : IVN stop at 20.90
[07:10 am] rusty : NFLX moving up hod[07:10
am] chinhngo : short cog at 95.38
[07:10 am] rusty : G-20 Official Tells Dow
Jones: Greek Referendum “Irresponsible””
[07:11 am] chinhngo : buy bpi at 22.94
[07:11 am] anthonyb : IPGP
[07:11 am] eyes : HNT looks Good
[07:12 am] rusty : HOT buyout rumors
[07:13 am] rusty : sounds implausible but
fwiw[07:14 am] joeytsa : ok , I’m
out..thank you for the well wishes and kind
words
[07:14 am] Brent : have a good one Joey
[07:15 am] observer : Thx, Brent MYGn L
20.18 out 20.39
[07:19 am] eyes : RVBD alert
[07:20 am] rusty : RVBD 42.50 takeover rumor
from JNPR
[07:21 am] rusty : JAZZ retreating a bit
fast
[07:21 am] billyjackrochester : thx guys on
eog saved me some $$$
[07:21 am] taco : hot perking up
[07:21 am] bopp : Am I too late to buy into
FST?
[07:22 am] Brent : I wouldn’t buy here
bopp[07:22 am] apple : bopp, that was the
first trade K called at 9:30
[07:23 am] anthonyb : BID finally working
[07:23 am] Kris : yes, too late bopp, coming
into 50sma daily resistance
[07:23 am] bopp : Thanks. Got $324 this
morning and then bailed.
[07:24 am] Kris : try not to look at the
money, it will keep you from bailing. try to
keep a small piece with a stop.
[07:26 am] anthonyb : IPGP turning up
[07:29 am] anthonyb : Who is still long
BID?
[07:31 am] anthonyb : RIMM might start to
breakdown here fwiw[07:31 am] mh : i got out
of bid to early at 32.15
[07:32 am] lightning : agree, anthony. If
RIMM gets below 19, it could go down fast
[07:32 am] anthonyb : I just exited all of
BID at 32.28
[07:32 am] steele : No share available for
RVBD short at IB
[07:35 am] pow : watch HOT
[07:35 am] eyes : XL alert
[07:35 am] candelas : XL another rumor
[07:37 am] anthonyb : Good bye RIMM
[07:37 am] shark : NFLX sellers got bored,
left the party
[07:42 am] pow : aapl selling
[07:42 am] shark : Dow at high of day
[07:42 am] apple : go NFLX go!
[07:43 am] steele : NFLX shortable?
[07:44 am] shark : Kris – u watching for
short at top: NFLX
[07:44 am] pow : PBI
[07:45 am] trvlntrdr : thanks for the nflx
calls Kris
[07:47 am] chinhngo : out rimm short thank
kris for call short rimm[07:47 am] eyes :
any thoughts on HOT
[07:48 am] Kris : it’s HOT
[07:48 am] chinhngo : long or short of
hot?
[07:49 am] Kris : if HOT runs some more it
could setup for a short
[07:49 am] Kris : see what the SPY does at
hod resistance
[07:49 am] rusty : SYMS radar
[07:52 am] eyes : how about RVBD
[07:52 am] lightning : TWX: Time Warner
says sees growth more back-end weighted
:theflyonthewall.com. — My comment: It
certainly is true of me.
[07:52 am] chinhngo : can you look rvbd i am
short underwater now may buy cover?
[07:53 am] trvlntrdr : rvbd turning over
[07:53 am] anthonyb : WAG
[07:53 am] chinhngo : i have no stop for
rvbd[07:54 am] eyes : always have a stop
[07:54 am] richard : watching FCX
[07:54 am] trvlntrdr : doesn’t sound good,
chin, but if it turns over you might recover
some
[07:54 am] chinhngo : I short 4000 rvbd
average at26.96
[07:54 am] trvlntrdr : Mitch recommends not
shorting until MACD turns over
[07:55 am] Kris : it will come down, not sure
if you’ll get back to breakeven on it.
[07:55 am] Kris : you’re far out of shape
now
[07:55 am] chinhngo : so what is stop for
rvbd short?
[07:55 am] trvlntrdr : not turning over
yet
[07:56 am] Kris : from here, I would stop
over 28.07
[07:56 am] Kris : see if it can come down
into 27.00 area and start reducing.
[07:56 am] Mitch : what was your signal to
short RVBD chinhngo? what strategy are you
using?
[07:56 am] eyes : Kris is it a good 3 m or
not enough money in
[07:56 am] Kris : what do you think eyes?
[07:57 am] eyes : i don’t think it has
enough
[07:57 am] Kris : it’s borderline but if you
feel uncertain I recommend passing.
[07:57 am] Kris : or you could trade a small
position
[07:57 am] chinhngo : no i may be
misunderstood you
[07:57 am] Kris : but I don’t think this is
coming down very far
[07:57 am] pow : STX
[07:58 am] eyes : STx resistance 17.20
[07:58 am] chinhngo : can i suggest please
call more clear long or short at price range
thank you
[07:58 am] Kris : who called that?
[07:59 am] chinhngo : i do not remember but
i pick up idea from chat room
[07:59 am] Kris : watching doesn’t mean
“enter”
[07:59 am] Kris : if I enter a trade I’ll say
long or short
[07:59 am] chinhngo : anyway my
responsibility i accept it
[08:00 am] Kris : watching = we are looking
for a possible entry
[08:00 am] trvlntrdr : I think it is turning
over, I would wait Chin
[08:00 am] chinhngo : thank
[08:00 am] Kris : email me chinhngo when you
get a chance
[08:00 am] Kris :
[email protected]
[08:00 am] chinhngo : ok i will
[08:00 am] rusty : SNE might be worth
putting on low level radar for a swing
[08:00 am] khall : loving RIMM short
[08:01 am] chinhngo : can i short cog at
95.40?
[08:02 am] Kris : I don’t see a trade
there
[08:02 am] rusty : 95.40?
[08:02 am] eyes : S STX 17.02
[08:02 am] trvlntrdr : chin has all the
shares on RVBD, LOL
[08:02 am] chinhngo : I set to short cog at
95.40 is this ok?
[08:02 am] rusty : if you can get COG at
95.40 I would short it 🙂
[08:03 am] michael : EZCH setting up for
possible long
[08:03 am] Kris : COG is about to break out
to new 52 week high
[08:03 am] lightning : (he’s looking at
EOG)
[08:04 am] observer : SLW hod[08:05 am]
lightning : RVBD coming down…. we’re
rooting for you!
[08:05 am] qwert : rimm new lod[08:06 am]
jewels0 : Khall, good job on RIMM
[08:07 am] candelas : WYNN hod[08:07 am]
trvlntrdr : I see RVBD meeting resistance at
27 and 26.80, chinh. FWIW
[08:07 am] eyes : I am S STX any thoughts
[08:07 am] trvlntrdr : My advice is free but
you get what you pay for
[08:10 am] chinhngo : sorry i mean eog not
cog
[08:11 am] richard : watching FIO
[08:12 am] lightning : MPC on a tear
[08:13 am] ronfrac : FST lower hi
[08:14 am] ronfrac : TZA long
[08:14 am] Kris : careful with that ron, not
looking good from here
[08:14 am] ronfrac : Sht rvbd 27.57
[08:15 am] qwert : kris you still short
rimm[08:15 am] Kris : ok chingo, look to
start reducing your RVBD short here soon
[08:15 am] Kris : I have a small piece dave,
it still looks weak and has built a nice
support line for another leg lower.
[08:16 am] skydiver : Thanks TSA and
everyone — have to leave — been another
great day!
[08:16 am] qwert : okay me to with stop at
18.95
[08:16 am] Kris : have a good one skydiver
[08:16 am] Brent : take care skydiver
[08:16 am] khall : Kris, I’m still in RIMM
short too – very small
[08:18 am] richard : watching NTES
[08:18 am] candelas : vol is lighter too
[08:18 am] lisas : about 3000 traders are no
longer trader thanks to mf global
[08:19 am] Kris : lol, good point lisa[08:19
am] Kris : they are finding a new home
[08:19 am] rusty : SHLD radar
[08:19 am] lisas : Homeless, sometimes you
get to watch it happen:(
[08:20 am] ronfrac : covered RVBD 27.35 sht
27.57
[08:20 am] apple : good one richard –
NTES
[08:21 am] eyes : Kris it has been 21 mins
sideways action better to just leave STX
[08:21 am] eyes : out break even
[08:22 am] anthonyb : Bad trade because of
the daily high breakout? Kris?
[08:22 am] rusty : JAZZ moving up fast
[08:22 am] Kris : bad trade cause it doesn’t
fit his strategy, wasn’t a good setup
[08:24 am] apple : THOR was funny – moving
sideways – neither short nor long!
[08:25 am] eyes : Ok Kris so if there is
even one red candle and goes up that idea is
over 3 min fade don’t look to enter any
more
[08:27 am] mh : what about a short in COO
anyone?
[08:27 am] chinhngo : fwlt long or short
please?
[08:29 am] taco : was short at 11:20 i
believe
[08:29 am] taco : est[08:30 am] ronfrac :
Mitch: Do you use Stocastics Slow or
Stocastic Fast?
[08:32 am] qwert : rimm testing lod again
[08:33 am] richard : watching BIIB
[08:33 am] Brent : he uses Full stochastics
ronfrac[08:33 am] qwert : i agree
mitch[08:34 am] pow : that’s right
mitch….I will vote for you
[08:35 am] trvlntrdr : But the EU said they
are fixing the Greece situation , no? 🙂
[08:37 am] eyes : DFT looking really good
[08:37 am] chinhngo : can i short hnt ?
[08:39 am] eyes : Kris you see DFt the
minute that red candle appeared and then went
higher the tree m Fade is no longer valid
correct
[08:40 am] Brent : I don’t see a red candle
on DFT eyes
[08:40 am] eyes : Sorry I had it on 2 m
[08:41 am] eyes : Does it look like a good
Candidate
[08:41 am] anthonyb : take care everyone.
see you all tomorrow. $4 for$4 today!!
[08:43 am] Brent : good job anthonyb, see you
tomorrow
[08:43 am] chinhngo : short dft at 21.40
[08:44 am] richard : watching SNDK
[08:44 am] trvlntrdr : Mitch they say it
took a generation to bring people back into
the stock market after the 29 crash. I don’t
know if it is that bad no but if I was a
casual observer I might not trust the markets
for years
[08:44 am] michael : little early chinhngo,
hadn’t stopped going up yet
[08:45 am] michael : no shares at lightspeed
for DFT
[08:48 am] eyes : S Half DFT 21.45
[08:49 am] Mitch : chinhngo, how are you
doing with RVBD short
[08:49 am] bopp : Any insite into BID?
[08:50 am] Brent : Do you have a position on
BID bopp?
[08:51 am] shark : Stifel Nikolaus says were
disappointing: BID
[08:51 am] shark : sales poor BID
[08:51 am] shark : Sotheby’s: Christie’s
I&M Evening Auction disappoints – Stifel
Nicolaus Read more:
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[08:51 am] jewels0 : RVBD… wow!
[08:52 am] eyes : Full Position DFT
[08:52 am] eyes : my stop is .66 sound
good
[08:53 am] shark : bopp -stock is flat
here
[08:53 am] Brent : next time wait for a test
of the hod or a break below the first red
candle to get your second half eyes
[08:53 am] Brent : 21.40 is showing some
decent support here on DFT
[08:54 am] michael : VHC dropping on
volume
[08:55 am] pow : vhc short
[08:56 am] eyes : OK thanks Brent is my stop
about right
[08:57 am] Brent : yes
[08:59 am] chinhngo : short vhc at21.24
?
[08:59 am] steele : Mitch’s charts use 10,
8, 7 but in the DVD course I think regular
14, 3, 1 what’s the difference and why?
[09:00 am] Brent : 10,8,7 will give you an
earlier signal, steele. He switches settings
every once in awhile
[09:00 am] rusty : TLT hod[09:01 am] steele
: Thx Brent
[09:01 am] jsn13 : Brent what do u think
about VHC as a swing short?
[09:02 am] pow : short vhc.
[09:02 am] khall : thanks Mitch
[09:02 am] michael : RLOC lower price but
also dropping with volume
[09:04 am] scalpman : VHC S @ 21.19 out
3/4
[09:05 am] pow : LVLT climaxing
[09:05 am] scalpman : All out HUM and VHC
[09:06 am] scalpman : Sorry, misspoke on HUM
I still have a piece.
[09:06 am] eyes : What you thinking Brent
Close out Half
[09:07 am] scalpman : Trailing down stop on
HUM
[09:07 am] Brent : what’s your avg eyes?
[09:07 am] eyes : .45
[09:07 am] scalpman : All out hum
[09:08 am] taco : .23 on HNT
[09:08 am] Brent : I’d reduce or stay tight
on it eyes. Needs to make a lower low
here
[09:10 am] eyes : out half
[09:10 am] rusty : RESEARCH IN MOTION FALLS
BELOW BOOK VALUE FIRST TIME IN 9 YEARS
[09:11 am] Brent : I would stop rest at break
even on DFT and be done with it eyes, not
acting right
[09:11 am] Brent : don’t let it become a
losing trade
[09:12 am] candelas : have a great rest of
the day, be back 2morrow, I’m leaving town
[09:13 am] mh : rimm short on this
bounce?
[09:13 am] Brent : have a great night
Candelas
[09:13 am] eyes : out DFT
[09:14 am] trvlntrdr : Nflx about to move
up…. maybe
[09:15 am] scalpman : Time to go, bye
all…thanks and see you tomorrow.
[09:15 am] tron111 : Does anyone knows a
good long swing trade?
[09:15 am] chinhngo : may be ngg[09:16 am]
chinhngo : ngg long forever
[09:16 am] bopp : Any chance IPGP is about
to bottom out?
[09:16 am] taco : look for washout
[09:17 am] eyes : little stinker
[09:18 am] rusty : GREECE COULD CHANGE LAW
TO INCLUDE SQUEEZE-OUT CLAUSE, IMPOSE
CONDITIONS ON BONDHOLDERS
[09:20 am] rusty : GOOG near lod[09:23 am]
richard : watching EMN
[09:26 am] trvlntrdr : FOMC statement in 4
mins. probably volatility spike
[09:27 am] trvlntrdr : Bernanke press
conference at 2:15 EST
[09:30 am] rusty : UK firm says shale
fracking caused earthquakes
[09:33 am] dano : spy…wow
[09:33 am] rusty : .25% unchanged
[09:34 am] rusty : Fed has tools and Op
Twist Ready
[09:34 am] rusty : Fed Reiterates
Significant Downside Risks To Economic
Outlook
[09:36 am] shark : NOW the analysts
dissect…
[09:41 am] trvlntrdr : Brent can you make
SYMS go down so I can get it over with.
[09:42 am] chinhngo : short hum at 86.42
[09:44 am] dano : got a little dizzy
watching the mrkt tug o war….holy chop
batman
[09:44 am] khall : no kidding
[09:45 am] dano : too messy for me. Getting
a little dizzy. Gonna pull the plug and take
the hot rod out for a spin
[09:47 am] eyes : STX turned out to be a
good one for whoever got it
[09:48 am] dano : will bang a few gears for
ya shark…lol…only with a 4 spd…
[09:48 am] rusty : GOOG radar
[09:48 am] chinhngo : cover short dft at
21.25
[09:52 am] richard : watching CNP…better
vol[09:54 am] chinhngo : cover dft at
21.24
[09:54 am] chinhngo : sell spxu at 14.93
[09:56 am] chinhngo : can i short tif
at78.55
[10:02 am] shark : Selling the news
[10:02 am] chinhngo : cover hum at 86.20
[10:04 am] shark : a lot of new lod[10:20
am] steele : TNA long stopped
[10:21 am] aussie123 : TNA….43.62 lng
….???
[10:22 am] mhaus : TNA indicators still
pointing down
[10:23 am] steele : My TNA long stopped out
recently
[10:24 am] eyes : GOOD LUCK TO EVERYONE
[10:26 am] taco : Mitch your APKT CAP BULL
3x is not showing right
[10:27 am] mhaus : TNA
[10:28 am] zentrader : L APKT 37.04
[10:32 am] Mitch : taco, that is TNA 3x
bull
[10:33 am] taco : 10-4
[10:35 am] steele : Mitch, 2 symbols mixed
up in the headline APKT also appears
[10:35 am] zentrader : out 1/4 APKT 37.41
[10:35 am] taco : steele that’s tna[10:36
am] zentrader : moving up stop on APKT
[10:38 am] rusty : EW ALERT
[10:38 am] zentrader : out another 1/4 APKT
37.69
[10:39 am] taco : thx rusty
[10:39 am] taco : got 1%
[10:39 am] zentrader : out 1/4 APKT 37.70
[10:39 am] zentrader : moving up stop will
let last 1/4 ride
[10:39 am] taco : woo getiner[10:41 am]
rusty : nice taco
[10:41 am] zentrader : nice EW – missed that
one
[10:41 am] rusty : CECO near lod – worth
keeping on watch
[10:42 am] zentrader : all out APKT.
[10:42 am] jimv : Thanks for EW
[10:44 am] zentrader : trying small short on
EW here
[10:49 am] rusty : PREX penny stock rocket
ship
[10:49 am] zentrader : out 1/4 EW here
74.12
[10:50 am] zentrader : all out EW, nice one,
gave it up long and short, though I missed
the long move
[10:51 am] bopp : Is TNA still healthy?
[10:52 am] Brent : nice Zen
[10:53 am] rusty : PREX might be ticker
confusion with PGN
[10:54 am] dan : Brent, I accidently lost
all of my webinar study courses
[10:54 am] Brent : the emails too dan?
[10:54 am] dan : yes
[10:55 am] Brent : email service, they should
have them
[11:00 am] rusty : disregard PREX comments
above
[11:00 am] mhaus : watching CHSI
[11:02 am] rusty : IACI ALERT
[11:02 am] rusty : IACI ALERT
[11:03 am] lightning : I don’t see any news
yet on IACI, but something is going on.
[11:03 am] rusty : sorry late on the long
bounce alert…..am getting rusty
[11:05 am] mhaus : WCG
[11:07 am] michael : still probably good
Rusty, I might go long on a higher low
[11:12 am] monster : think it is friday for
groupon[11:14 am] rusty : Books are expected
to close on Thursday for Groupon’s IPO, which
has an indicative price range that values the
company at $10.1 billion to $11.3 billion.
[11:17 am] rusty : IACI quite the
bounce…dang
[11:18 am] rusty : at least give us a
short
[11:21 am] chinhngo : EOG = 96.63 HOD CAN I
SHORT IT MT KRIS ?
[11:22 am] chinhngo : SHORT IACI AT 39.41
FILLED
[11:25 am] rusty : BERNANKE SAYS EUROPE
FISCAL SITUATION BIG RISK
[11:25 am] michael : wow, guess that’s why
he gets paid the big bucks
[11:27 am] rusty : can anyone here find a
borrow on RAYS?
[11:29 am] rusty : GNC light radar
[11:30 am] michael : Rusty, been watching
GNC, broke out, not sure what it’s gonna
do
[11:30 am] apple : yeah, rusty, watching
GNC, too
[11:31 am] michael : EOG is another
[11:33 am] lightning : Merrill downgrades
CECO…after is posts bad earnings, bad
forecast and the departure of the CEO. Worth
every penny, that Merrill analyst
[11:34 am] jsn13 : Brent what do u think
about VHC short as a swing?
[11:34 am] pow : gnc[11:37 am] Brent : I
don’t care for it jsn13
[11:38 am] rusty : DGI light radar
[11:38 am] pow : out of GNC
[11:38 am] jsn13 : Why so? The daily chart
looks nice right? I’m not in the trade but i
was wondering when would u open ur
position?
[11:39 am] pow : ceco watch for bottom
[11:40 am] taco : thx for EOG
[11:41 am] Brent : VHC is just trending up on
the daily, doesn’t interest me as a swing
short jsn[11:41 am] jsn13 : Ok i think i see
ur point….U would like to see a spike in
volume and big price action right?
[11:42 am] Brent : right jsn[11:42 am] rusty
: CECO nlod[11:42 am] jsn13 : Ok so normally
what time frame u use to open ur position? as
in 30 minutes chart or 1 hr chart?
[11:43 am] Brent : I rarely swing trade jsn,
but if I do, I use 15min chart
[11:43 am] pow : ceco climatic
[11:44 am] rusty : RTK early Bullshort
radar
[11:45 am] jsn13 : Ok thanks….So u only
focus on scalping? Then how u make big
percentage profits?
[11:47 am] pow : ceco bouncing
[11:48 am] rusty : RAYS falling
[11:48 am] rusty : should close at low
[11:49 am] rusty : anyone able to find RAYS
short?
[11:50 am] apple : thx MK, B, K and everyone
– great trades this morning. Everyone have a
fun evening.
[11:51 am] steele : IACI short idea seems
not working
[11:52 am] pow : nice bounce in ceco[11:54
am] steele : IACI hears me
[11:56 am] pow : vclk moving up
[11:58 am] rusty : RAYS lod[11:58 am]
lightning : talk louder steele. IACI
stalled on its move down.
[11:58 am] pow : breakout for LFC 3 week
[11:59 am] steele : I’m shouting Lighting
[12:00 pm] lightning : LFC needs to break
above 40.17, better tomorrow than late
today.
[12:00 pm] lightning : way to go steele.
It’s working out!
[12:00 pm] rusty : CECO nlod[12:04 pm] rusty
: gn and good luck everyone
[12:04 pm] Brent : have a good night rusty,
see you tomorrow
[12:04 pm] khall : gn all – see you
Friday
[12:06 pm] pow : GNC new high
[12:12 pm] taco : i have to go all, have a
great afternoon
[12:13 pm] mhaus : pcx rumor
[12:18 pm] mhaus : DMND
[12:20 pm] pow : AOL weekly high
[12:20 pm] pow : teva[12:22 pm] mh : anyone
watching CECO
[12:22 pm] michael : CECO can’t get love
from anyone
[12:23 pm] mh : i went long ay 8.60 thinking
i stole something
[12:23 pm] michael : you might have a chance
here
[12:25 pm] lightning : Brent, if you have a
minute, on IACI — what did you think of it
as a 3-min fade at 14:22? Was it a good or
bad candidate?
[12:30 pm] Brent : I didn’t care for it
lightning for a 3min fade because it had just
broken the 50ma and vwap[12:30 pm] Brent : so
those would be support coming back down
[12:30 pm] lightning : OK, I can see that
now. Thanks.
[12:31 pm] zentrader : watching BDX
[12:56 pm] Mitch : how have you been trading
Zen?
[12:59 pm] qwert : goodnight everybody
awesome day see ya in the am
[01:00 pm] lisas : Bye all, thanks Mitch,
Kris, Brent and room
[01:00 pm] lightning : Thanks TSA and
everyone. See you in the morning
[01:03 pm] trvlntrdr : thx mitch for your
guidance
[01:04 pm] lisas : I hear there were 1700
traders trying to get recertified on CME
today
[01:06 pm] lightning : I believe it lisas.
I use Zaner/Transact for futures and was
blocked Monday, but back in business on
Tuesday
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