[06:22 am] Mitch K: the longs should perform
well today with the market recovering plus
some good earnings reports
[06:23 am]
Mitch K: We could get some momentum if Romney
wins the debate tonight
[06:26 am] Ed :
good morning traders
[06:31 am] Mitch K:
watching SPLK for bottom to buy
[06:32 am]
Mitch K: watching DBD for bottom to
buy
[06:32 am] Mitch K: watchign FOSL for
short
[06:32 am] Mitch K: watching ISIS
for trades both ways
[06:33 am] Mitch K:
when i say monitoring, it isnt ready, hasnt
moved a lot yet
[06:33 am] Mitch K:
monitoring MCHP and BRO
[06:33 am] Mitch
K: watching NOV for top
[06:33 am] Mitch
K: watching AEM for top to short, take time
on this, needs more movement
[06:33 am]
Mitch K: watching FAST for bottom
[06:34
am] Mitch K: monitoring ZMH for top
[06:34
am] Mitch K: watching FRX for
bottom
[06:34 am] Mitch K: watching PNC
for bottom
[06:34 am] Mitch K: watchign
MSM for bottom
[06:34 am] Mitch K:
watchign for short on WWW top of this bounce
here
[06:35 am] Mitch K: watching ILMN for
short
[06:35 am] Mitch K: watching EFX for
top to short
[06:35 am] Mitch K: watchign
CLF for top to short
[06:35 am] Mitch K:
watchign QCOR for top to short
[06:36 am]
Mitch K: watching PNC for bottom
[06:36
am] Mitch K: watching UNH for bottom to
buy
[06:36 am] Mitch K: watching LH for
short, missed bottom
[06:36 am] Mitch K:
watching PKG for short on top of bounce
soon
[06:37 am] Mitch K: watching CBSH for
bottom, more time
[06:37 am] Mitch K:
watching DBD closer
[06:37 am] Mitch K:
watching STT for bottom to buy
[06:37 am]
Mitch K: more downside on MUR, consider
short
[06:37 am] Mitch K: monitoring HCA
for 2nd helping short, missed first
[06:37
am] Mitch K: watching OMC for
bottom
[06:38 am] Mitch K: watching WMB
for top
[06:38 am] Mitch K: try not to
squeeze too much out of WWW short, any profit
is ok
[06:39 am] Mitch K: watching SINA
for bottom
[06:39 am] Mitch K: watching
LMCA for top
[06:40 am] Mitch K:
monitoring KO
[06:41 am] Mitch K: DBD
should bounce
[06:43 am] Mitch K: watching
JPM for bottom
[06:43 am] Mitch K:
watching HCA for bottom to buy, 2nd helping
short disappeared for now
[06:44 am] Mitch
K: watching LQDT for top to short
[06:45
am] Mitch K: consider selling FAST, best
price
[06:45 am] Mitch K: BRO no
go
[06:45 am] Mitch K: late to see that
big of spike on UNH
[06:45 am] Mitch K:
consider selling UNH, best price
[06:46
am] Mitch K: looking for $31,40 area for DBD,
be flexible, as a snake
[06:48 am] Mitch
K: sell LH best price on half, mkt on
other
[06:48 am] Mitch K: looking for
50.50 area on EFX
[06:48 am] Mitch K:
looking for 35.50 area on PKG short, be
flex
[06:49 am] Mitch K: watching CBSH for
bottom
[06:49 am] Mitch K: best price
means to try to get best price, limit order,
mkt order not necessary
[06:49 am] Mitch
K: consider selling STT, best price
[06:49
am] Mitch K: trades both ways with
MUR
[06:50 am] Mitch K: watching HCA
closer
[06:50 am] Ed : SPY new
hod
[06:52 am] Mitch K: LMCA 2nd helping,
better short
[06:53 am] Mitch K: watching
JPM closer to sell
[06:55 am] Mitch K:
watching WWW for top to short
[06:56 am]
Mitch K: watchign FOSL for 2nd helping
short
[06:59 am] Mitch K: DBD stalling,
consider selling
[07:00 am] Mitch K:
watching A for short
[07:02 am] Mitch K:
this CHKP CEO coming on CNBC for interview
soon
[07:02 am] Mitch K: watching CHKP for
top to short
[07:05 am] Mitch K: consider
ULTA for top to short on top of this
rebound
[07:06 am] Mitch K: watching CLMT
for top to short
[07:06 am] Mitch K:
watching LVLT for top
[07:07 am] Mitch K:
consider selling MSM
[07:07 am] Mitch K:
watching ACM for top to short, no
hurry
[07:07 am] Mitch K: watching VALE,
just monitoring
[07:08 am] Mitch K:
consider selling FRX
[07:08 am] Mitch K:
watching EFX for lower price
[07:09 am]
Mitch K: sell CBSH
[07:10 am] Mitch K:
watching ULTA closer
[07:12 am] Mitch K:
both ways are working longs and shorts.
the shorts on top of bounces working well as
well as the long bounces
[07:19 am] Mitch
K: PRU looks sustainable to me apple, for a
while at least
[07:20 am] Mitch K: lol
although lightning just gave a sell signal on
PRU on 2 min chart,
[07:25 am] Mitch K:
CNBC sure making a big deal with this
Citigroup change in leadership. must be
nothing else to make news about
[07:33 am]
Ed : SPY new hod
[08:13 am] Ed : SPY
trading in tight range
[09:08 am] Ed : SPY
new hod
[09:30 am] Ed : markets still
moving in smal range
[10:09 am] Ed : thx
qwert, monitoring OMG
[10:23 am] Ed : if u
took OMG short would cover some
here
[10:25 am] Ed : nice one on
IOC
[10:38 am] Ed : just monitoring right
now WLK
[10:43 am] Ed : if u took WLK
short would cover some here
[10:45 am] Ed
: Im trailing last 1/4 of WLK short
[10:48
am] Ed : Im trailin lat 1/4 right behind 10
sma on WLK short
[10:57 am] Ed : out all
WLK short
[12:58 pm] Ed : have a great
evening traders
[01:00 pm] Mitch K: later
guys
| [06:04 am] eyes : Good Morning
Everyone
[06:06 am] khall : good
morning eyes, everyone
[06:06 am]
qwert : good morning
everybody
[06:07 am] khall : it’s a
great day to make some money
[06:07 am]
khall : 🙂
[06:08 am] khall :
CEO of Citigroup stepped down – a big point
of discussion on CNBC this morning
[06:12
am] joeytsa : Good morning Mitch,Ed,
traders
[06:14 am] joeytsa : the TIC
long term puchases came in double what was
expected?
[06:14 am] joeytsa : 90B
with 45 B expected..just a bit off on the
target
[06:15 am] joeytsa : gap
down: WAC,WWW,ISIS,RATE
[06:16 am]
khall : yeah, just a bit off
[06:17
am] joeytsa : gap up:
AEGR,MAT,GOLD,ASML,MUR,FOSL,DPZ
[06:18 am]
shark : thx joey
[06:19 am]
jolliffboy : QCOR on another leg
up.
[06:19 am] qwert : thx joey for
the gaps :))
[06:19 am]
joeytsa : no prob
[06:19 am]
joeytsa : DB also gapping up
[06:20
am] taco : good morning
[06:20 am]
chinhngo : good morning
[06:20 am]
taco : hi chinhngo
[06:23 am]
chinhngo : gm taco
[06:24 am] Ed :
hope u guys made some money off the plays
mentioned yesterday, looking to short the yen
6J, or play the forex long 78.80 USD/JPY if
held
[06:26 am] elisha : Good
Morning Mitch, Ed and traders
[06:26 am]
ticktrader : GM Trader
[06:26 am]
khall : gm elisha
[06:26 am]
elisha : gm khall!
[06:26 am]
eddy : HI all
[06:26 am] qwert
: gm Ed
[06:26 am] taco : hi
guys
[06:27 am] reshef :
g.m
[06:27 am] victor51 : good
morning all
[06:32 am] joeytsa :
FOSL
[06:34 am] joeytsa : ES testing
R1 support
[06:35 am] joeytsa :
watching this pullback on CRM
[06:37 am]
shark : CLF
[06:39 am] joeytsa
: looking for a break on the ES over
1443
[06:40 am] apple : AMT
continuation from yesterday?
[06:40 am]
apple : NFLX big popl at open
[06:41
am] joeytsa : possibly, looks like it
pulled back to prev cl
[06:41 am]
apple : pop
[06:41 am] shark :
NFLX bounce off be
[06:42 am] apple
: gm to all attentive traders
[06:42 am]
shark : hi apple
[06:43 am]
apple : gm shark, how are u
[06:43
am] khall : gm apple
[06:43 am]
apple : gm khall
[06:44 am]
elisha : gm apple
[06:44 am]
apple : hey elisha
[06:45 am]
shark : 😉
[06:46 am] apple :
good
[06:46 am] shark : watching
CLF
[06:46 am] qwert : wow dbd
awesome
[06:47 am] apple : what a
drop
[06:47 am] joeytsa : HCA trying
to hold $31
[06:48 am] joeytsa :
nice call on CLF shark
[06:48 am]
apple : good one shark
[06:50 am]
apple : b/o on ES
[06:50 am]
joeytsa : already on it apple
🙂
[06:51 am] khall : yes, it’s a
pretty one too
[06:52 am] joeytsa :
missed that nice move on crude
though
[06:52 am] khall : just wait
for the next one…
[06:53 am]
joeytsa : nice move on SRPT
[06:54
am] joeytsa : WWW dbl top, gave a
couple nice trades already
[06:56 am]
shark : DBD breaking thru
vwap
[06:56 am] joeytsa : housing
market index # coming out
[06:58 am]
shark : watching VLO
[06:59 am]
apple : thx joey
[07:01 am]
shark : VLO testing R1
[07:03 am]
khall : I thought I heard Cramer say he
was coming to OK tomorrow to visit the CHKP
CEO
[07:03 am] eddy : HCA
[07:04
am] shark : yes, khall
[07:04 am]
apple : haha
[07:04 am]
joeytsa : ULTA trying to come
back
[07:05 am] shark : nice one,
joey
[07:05 am] joeytsa : FRX nice
move past fw minutes
[07:05 am]
shark : c
[07:06 am] apple :
thx joey
[07:06 am] joeytsa : FOSL
making dbl top
[07:07 am] joeytsa :
WWW looks like it might form a
tri-top
[07:12 am] apple : ES
hod
[07:13 am] joeytsa : ES testing
R2
[07:15 am] apple : watching
YUM
[07:15 am] reshef :
osg
[07:16 am] shark : nice
reshef
[07:16 am] shark :
OSG
[07:18 am] apple : wataching
PRU
[07:18 am] apple :
watching
[07:22 am] reshef :
OSG
[07:23 am] shark : joey, what
was the housing #?
[07:23 am]
joeytsa : came in line
[07:23 am]
joeytsa : 41 with 41 forecast
[07:23
am] shark : thx 🙂
[07:23 am]
joeytsa : didnt seem to affect the
market
[07:24 am] shark : LEN, KBH
down
[07:24 am] eyes : So whats the
news on Lightning Mitch
[07:25 am]
shark : BZH, TOL, hit housing
stocks
[07:25 am] shark : still
dropping
[07:25 am] shark : lol,
Mitch
[07:27 am] shark : watching
CLF for 2nd short
[07:29 am] joeytsa
: tighten FOSL as it nears $92, might keep
running though
[07:33 am] eddy : OSG
bottom?
[07:34 am] Ed : lower risk would
be wait for successful retest near lod, and
make sure that low holds
[07:38 am]
joeytsa : thumbs up on that call Ed
🙂
[07:39 am] eddy : is OSg a buy
now?
[07:40 am] joeytsa : its not my
kind of stock
[07:41 am] apple : too
cheap
[07:41 am] shark : vol tad low
for me, along with price
[07:42 am]
joeytsa : has ok vol, L3 looks
ok
[07:43 am] shark : so you’re in?
what makes it NOT your type of
stock?
[07:43 am] joeytsa : out
FOSL
[07:44 am] joeytsa : no, not in
OSG
[07:44 am] apple : too cheap for
joey
[07:44 am] joeytsa : not really
into penny stocks
[07:44 am] regatta
: EXAS
[07:47 am] apple : thx joey,
when you get out, then we can short
it!
[07:47 am] shark : 😉
[07:47
am] shark : nice tell for FOSL, from
KORS/LULU tops
[07:49 am] joeytsa :
fun morning, break time..see you in an hour
or so
[07:50 am] shark : bye joey
😉
[07:50 am] joeytsa : nice calls
today, wishing everyone a profitable
day
[07:50 am] joeytsa : shark: keep
eye on CLF on a break over 43.40
[07:51
am] joeytsa : and 43.50 on
WWW
[07:51 am] shark : ok
[07:51
am] apple : have fun joey
[07:51 am]
Ed : c ya joey
[07:51 am] taco : bye
joey
[07:51 am] joeytsa : i’ll be
back 🙂
[07:53 am] elisha : bye
joey
[07:53 am] khall : bye
joey
[07:54 am] khall : nice short
working on PRU apple
[07:56 am]
shark : CLF new hod
[07:57 am]
apple : patience, right
khall?
[07:57 am] khall :
right
[08:17 am] apple : taking a
break, be back in a little while
[08:18
am] qwert : bye apple
[08:18 am]
taco : bye apple
[08:19 am]
elisha : bye apple
[08:44 am]
murano : NFLX
[08:45 am]
reshef : VALE
[09:19 am]
joeytsa : MUR might test hod, had a
nice run so far
[09:32 am] apple :
i’m back, what did i miss
[09:34 am]
joeytsa : im not seeing anything rigth
now apple
[09:34 am] apple : thx
joey. how is graffix doing these
days?
[09:35 am] joeytsa : actually
ok thanks, just had his 2nd chemo
yesterday..seems to be handling it
well
[09:35 am] joeytsa : pre-debate
#2/post vp debate…
[09:35 am]
joeytsa : betting line dropped from
$230-$100 to $220-$100…
[09:36 am]
joeytsa : so even though the “media”
spun a biden debate win…the line stilll
dropped
[09:36 am] Ed : so what ur saying
is dont always bet on black
[09:36 am]
apple : good to hear
[09:36 am]
joeytsa : you can always bet on
black…
[09:36 am] joeytsa : just
not sure about african-american-kenyan
haha
[09:36 am] Ed : lol
[09:37 am]
joeytsa : its funny how things are seen
by different people
[09:37 am]
joeytsa : some calling a romney
landslide, others an 0bama
landslide
[09:40 am] Ed : so truth is
somewhere in midddle
[09:40 am]
joeytsa : sure seems like it
[09:40
am] apple : what is truth,
again?
[09:41 am] joeytsa : hillary
got thrown under the bus
[09:41 am]
khall : well, that depends on who you
ask
[09:41 am] joeytsa : ask her
haha
[09:41 am] Ed : she took another for
the team
[09:42 am] khall : yeah,
I’d be careful about throwing her under a
bus
[09:42 am] khall : that bus can
make a U-turn pretty quickly
[09:42 am]
cowboyh : after what her old man did
anything the dem;s do is nothing
[09:42
am] Ed : she is still upset about the
nomination she was suppose to get in
2008
[09:42 am] joeytsa : absolute
sham what happened
[09:43 am]
joeytsa : would love to see her turn on
0bama
[09:43 am] joeytsa : her 2016
chances just took a hit
[09:44 am]
joeytsa : her only hope is that romney
wins and stinks up the place
[09:44 am]
joeytsa : if she follows 8yrs of 0bama,
it will be just like 2008…people will vote
the other way just because
[09:45 am]
joeytsa : same as mccain had no chance
after 8yrs of gwb
[09:46 am] khall :
perhaps – time will tell
[10:06 am]
qwert : watching OMG
[10:06 am]
joeytsa : happy BD 🙂
[10:07
am] qwert : omg alert
[10:08 am]
apple : is it today? happy
birthday qwert
[10:08 am] qwert :
thank you it is
[10:08 am] apple :
nice qwert
[10:08 am] eddy : happy
btday qwert hoe young now?
[10:08 am]
khall : happy bday
[10:09 am]
eddy : hoe=how
[10:09 am]
qwert : 53
[10:09 am] apple :
ho ho
[10:09 am] apple : all the
best, mr q
[10:09 am] qwert :
🙂
[10:10 am] apple : ES along leg
up
[10:10 am] ticktrader : Have a
great Birthday, qwert
[10:11 am]
qwert : its been good so far
[10:12
am] apple : qwert – did you wish
for the market upturn? then many happy
returns… lol
[10:12 am] qwert : i
just like the movement dont care what
direction
[10:12 am] joeytsa : im
with you there qwert
[10:13 am]
apple : true, but a good boost always
helps
[10:13 am] joeytsa : a nice
drop helps more 🙂
[10:14 am]
apple : agree, that’s what keeps it
interesting
[10:14 am] joeytsa :
🙂
[10:15 am] elisha : just caught
up with posts – happy birthday
qwert
[10:15 am] apple : not to
mention, fun
[10:15 am] qwert :
:))
[10:20 am] joeytsa : another one
bites the dust..AONE filed
bankruptcy
[10:21 am] joeytsa : IOC
legging down
[10:21 am] apple : i
guess AONE was not…
[10:21 am]
joeytsa : lower vol on IOC
[10:22
am] reshef : IOC
[10:24 am]
murano : A123
(AONE:$0.0581,$-0.1819,-75.79%) had received
$249 million grant from U.S.
government
[10:24 am] apple : right
down the toilet…
[10:25 am] apple
: thx murano
[10:25 am] joeytsa :
yep, another pipedream
[10:25 am]
apple : yeah IOC great one
joey
[10:25 am] joeytsa :
🙂
[10:31 am] apple : we know you’re
out because it’s starting to turn up
now…
[10:45 am] ticktrader : Out
all IOC. Thank you.
[10:46 am] Ed : nice
play tick
[10:58 am] shark : KORS
could have a pocket pivot vol move
today
[10:58 am] joeytsa : thx
shark
[10:59 am] joeytsa : also
looks poised to make a run at the 52wk
high
[10:59 am] apple : nice
shark
[11:02 am] joeytsa : GS
spiking down a bit
[11:02 am]
joeytsa : high volume, only about a
70cent move
[11:03 am] joeytsa :
only paid attention because GS doesnt
normally light up the scanner
[11:06 am]
joeytsa : WLK making a move
[11:06
am] shark : NFLX making attempt at new
hod
[11:06 am] shark : triple top
intraday
[11:13 am] joeytsa : ISRG
up $30 past 2 days..earnings today
[11:13
am] shark : yeah, 🙂
[11:14 am]
joeytsa : they usually have nice moves
around earnings
[11:14 am] Ed : ISIS still
bleeding
[11:15 am] qwert : watching
tivo
[11:18 am] joeytsa : tighten
WLK if still short
[11:34 am] Ed : thought
we would get more selling in MJN
[11:37
am] apple : joey you still in
GS?
[11:37 am] joeytsa : no, wasnt
in it, just noticed that it hit my
scanner
[11:38 am] ticktrader : FRAN
nearing R2
[11:38 am] apple : fyi –
made about a 2 pt move
[11:38 am]
joeytsa : yeah i see
[11:41 am]
apple : where is doji
[11:43 am]
joeytsa : travelling
[11:45 am]
apple : MELI had a nice pop
[11:49
am] apple : gotta go pick up robert.
thx MK, E and everyone. all have a
wonderful evening.
[11:49 am] qwert
: bye apple
[11:49 am] joeytsa : bye
apple
[11:49 am] Ed : c ya apple
[11:49
am] qwert : monitoring sgen low
volume
[11:52 am] khall : bye
apple
[12:01 pm] joeytsa : GS
struggling to get back over $123
[12:03
pm] eyes : Good Night Everyone and Good
Luck
[12:03 pm] Ed : c ya eyes
[12:03
pm] joeytsa : bye eyes
[12:03 pm]
taco : bye eyes
[12:04 pm]
qwert : bye eyes
[12:25 pm]
reshef : ED, CAN YOU POINT ON ISIS
BUY
[12:26 pm] Ed : Im not trading it
though reshef,
[12:26 pm] Ed : too late in
day to buy long an extremely weak
stock
[12:27 pm] reshef : NOT FOR
TRADING, ONLY FOR CONFIDENT
[12:27 pm] Ed
: all about playn the edge
[12:27 pm]
reshef : IT WAS VIOLENT AT 10, DOES IS
THE BUY?
[12:28 pm] Ed : what u mean by
violent
[12:28 pm] joeytsa : i was
goign to ask that too
[12:28 pm]
reshef : UP AND DOWN FAST
[12:29 pm]
reshef : AROUND THE 10
[12:29 pm] Ed
: it was for that quick drop, but look at
what it has done today, down down down,
bounce and so on
[12:30 pm] Ed : downtrend
all day
[12:30 pm] reshef : I
see
[12:30 pm] Ed : which means most money
on short side, not worth small pennies this
late
[12:31 pm] Ed : on long
[12:31 pm]
reshef : so is it about trend
[12:31
pm] Ed : see even now tryn to break
trend
[12:31 pm] Ed : gettn in on right
side is important
[12:32 pm] reshef
: gettn?
[12:32 pm] Ed : getting
[12:32
pm] reshef : explain the right
side
[12:33 pm] joeytsa : plus ISIS
had gapped down today
[12:33 pm] Ed : same
side as trend us where you get most bang for
buck
[12:33 pm] Ed : us=is
[12:34 pm]
Ed : right side refers to being on money flow
side, line of least resistance
[12:34 pm]
joeytsa : Thanks MItch,Ed,
everyone…enjoy the day, see you all
tomorrow
[12:35 pm] Ed : se how it still
cant break trend
[12:35 pm] reshef :
you have money flow indicator?
[12:35 pm]
taco : c ya joey
[12:35 pm] Ed :
lookn at chart, gives that info along with
vol
[12:35 pm] qwert : bye
everybody gonna go out for lunch
see ya all in the am
[12:36 pm] taco
: ciao qwert
[12:36 pm] Ed : c ya qwert,
happy bday
[12:36 pm] reshef :
thanks
[12:36 pm] taco : happy
bday
[12:37 pm] Ed : u can make money by
going against trend, but need to be
proficient and precise on
entry/exit
[12:38 pm] reshef : I am
not
[12:39 pm] Ed : not everyone is, and
its fine, u can still make alot of money
playn side of trend
[12:39 pm]
reshef : untill now didn’t
success
[12:40 pm] Ed : in time, takes
time patience study discipline
[12:41 pm]
reshef : yes, need dicipline
[12:42
pm] ticktrader : Ed, applying your
lesson above, would you have taken short on
ISIS and when?
[12:44 pm] Ed : i would not
be trading it this late in day, but u could
draw trendling, wait to get signal and short
the rejection of price along trend, so
shorting bounces, this is after its
determined u have weak stock and trend is
down
[12:46 pm] taco : have a good
night all, see you in the am
[12:47 pm] Ed
: c ya taco
[12:48 pm] ticktrader :
Have a good evening Taco.
[12:56 pm]
reshef : see you tomorrow
[12:56 pm]
Ed : c ya reshef
[12:58 pm] elisha :
GN Mitch, Ed and everybody
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