[06:15 am] Mitch K: still looking for good
moves with AGP today again
[06:15 am] Kris : good morning traders
[06:16 am] Ed : good morning traders
[06:18 am] Brent : good morning Bronco
fans…… I mean Traders
[06:19 am] Kris : shorts I’m watching IDIX,
VVUS, MAKO, HBI, SINA and INFA
[06:19 am] Kris : this morning I’m watching
for long setups in GSK, ACHN, QCOR, AMGN,
CAG, GPC
[06:31 am] Kris : SINA short half
[06:31 am] Kris : VVUS short
[06:32 am] Mitch K: watching ACOR for top
[06:33 am] Kris : GMCR short
[06:34 am] Brent : watching CFN for a
bounce
[06:34 am] Kris : VLO short half
[06:35 am] Kris : MAKO short half
[06:37 am] Mitch K: watching for bottom in
WLT
[06:37 am] Kris : out half GMCR short
[06:37 am] Mitch K: watching for top in PANL,
SIG for short
[06:37 am] Kris : VVUS short second half
[06:38 am] Kris : out half MAKO short
[06:39 am] Kris : watching GNC for a long
[06:40 am] Kris : MON long half
[06:41 am] Brent : consider reducing CFN if
long
[06:42 am] Kris : GMCR testing lod[06:43 am]
Kris : SPY coming into support around
127.60
[06:44 am] Kris : watching NFLX for a long,
support near 87.30
[06:44 am] Brent : watching GME for a
bounce
[06:45 am] Kris : out another 1/4 GMCR
short
[06:47 am] Kris : watching AMZN for a long
[06:49 am] Mitch K: for a short
[06:49 am] Mitch K: watching GRPN for top
[06:49 am] Kris : NFLX getting closer to
support area, watching for long soon
[06:49 am] Kris : will watch COST for a
bounce to short into
[06:50 am] Kris : ESRX long half
[06:51 am] Kris : FSLR breaking out
[06:51 am] Kris : will pass on ILMN, not
enough money here into resistance
[06:51 am] Kris : ILMN getting ready for long
setup
[06:52 am] Mitch K: watching VPRT for bottom
to buy
[06:53 am] Mitch K: consider covering half of
ACOR if short
[06:54 am] Kris : watching JNPR for a
short
[06:55 am] Kris : SPY starting to slow, we
might get a lower high here.
[06:57 am] Kris : careful if you take ZNGA
[06:57 am] Kris : watching ZNGA for a long
[06:59 am] Mitch K: watching IPGP for top to
short
[06:59 am] Mitch K: watching URBN, monitoring
for top, could be a while
[07:01 am] Kris : if we get a break, could
make another move down
[07:01 am] Kris : SPY testing lod[07:03 am]
Kris : out all VLO short
[07:05 am] Kris : watching ITMN for a
short
[07:08 am] Mitch K: consider covering half of
IPGP
[07:09 am] Mitch K: consider covering half of
GRPN
[07:09 am] Kris : COST weak bounce so far,
look for a new lod[07:09 am] Mitch K:
consider covering most of URBN, watch for 2nd
helping short later
[07:09 am] Mitch K: ITMN toppy
[07:10 am] Kris : out half MON long
[07:11 am] Kris : PANL long half
[07:12 am] Kris : NFLX long half
[07:13 am] Mitch K: consider covering
remaining ACOR if short
[07:14 am] Mitch K: watching for 2nd helping
short on EQIX,, missed first
[07:15 am] Brent : SPY approaching hod[07:32
am] Kris : AGP nice consolidation building
for a breakout
[07:38 am] Mitch K: watching DECK for top
[07:47 am] Brent : watching SINA for a
bounce, would like to see it drop more first
though
[07:59 am] Ed : CELG
[07:59 am] Ed : CELG
[08:00 am] Ed : advanced trade don’t chase
[08:04 am] Brent : consider reducing SINA
[08:06 am] Ed : good deal
[08:06 am] Ed : lost connection u guys manage
that short in CELG
[08:10 am] Mitch K: consider covering DECK if
short
[08:14 am] Mitch K: watching IPGP to cover
2nd helping short soon
[08:18 am] Mitch K: S&P 500 low of day
[08:20 am] Ed : all out CELG short
[08:21 am] Mitch K: watching CELG for
bottom
[08:21 am] Mitch K: watching APC for bottom
to buy
[08:33 am] Kris : out half NFLX long
[08:46 am] Ed : hod NFLX
[08:50 am] Ed : hod PANL
[08:56 am] Mitch K: consider selling CELG if
long
[08:59 am] Ed : lod AAPL
[09:03 am] Brent : SPY at trendline
support
[09:11 am] Ed : AAPL bouncing
[09:11 am] Ed : NFLX hod[09:15 am] Kris : out
another 1/4 NFLX long
[09:21 am] Brent : INVN moving
[09:22 am] Mitch K: KRO active, monitoring
[09:39 am] Brent : NUAN moving
[09:39 am] Mitch K: watching for 2nd helping
short on DECK
[09:39 am] Mitch K: watching NUAN for top
[09:47 am] Ed : advanced trade
[09:47 am] Ed : BRCD
[09:47 am] Ed : halted BRCD
[09:47 am] Mitch K: watching VHC
[09:48 am] Mitch K: would not be surprising
on a BRCD buyout rumor to be true, low priced
stock
[09:54 am] Mitch K: BRCD ON CNBC
[09:54 am] Mitch K: Reuters reporting BRCD
received more than one buyout offer
[10:00 am] Mitch K: consider covering NUAN if
short
[10:07 am] Mitch K: watching PAY for
bottom
[10:09 am] Mitch K: PAY bottoming
[10:13 am] Ed : don’t be greedy it’s a $6
stock
[10:13 am] Ed : reduce BRCD if u got share
short
[10:15 am] Ed : only have 1/4 left stop @
5.97 BRCD
[10:16 am] Mitch K: PAY is paying but too
late to buy or else you will PAY
[10:43 am] Ed : out all BRCD short
[10:52 am] Mitch K: PAY is still paying
[11:12 am] Kris : a little late old timer
[11:12 am] Kris : GMCR starting to look
interesting for the short
[11:12 am] Mitch K: watching GMCR for top to
short
[11:15 am] Kris : GMCR resistance here in
this area
[11:15 am] Kris : look at the last couple
days lows
[11:18 am] Kris : does she have news?
[11:19 am] Kris : make sure you see a break
of the trendline support before starting to
enter on the short side
[11:19 am] Kris : volume is staying strong
[11:19 am] Kris : yeah, I don’t see any yet
either
[11:20 am] Kris : yeah, must not be news or
rusty would have had it 20 minutes ago
[11:24 am] Kris : SODA sick today
[11:26 am] Kris : GMCR short half
[11:27 am] Kris : half sized position, less
risk gamou[11:28 am] Kris : late day reversal
just limiting my risk on this and leaving
myself some ammo to add if it presents
itself
[11:28 am] Kris : looking for 43.66
[11:31 am] Kris : SPY hanging around hod
resistance too, we want to keep an eye on
that.
[11:32 am] Mitch K: watching IOC for a
bottom, patient
[12:07 pm] Brent : SPY holding up at
support
[12:55 pm] Kris : lol[12:55 pm] Kris : out
all NFLX long
[12:56 pm] Ed : did not want the train to
leave without ya[12:56 pm] Kris : yeah, I
still have about 4 minutes
[12:59 pm] Ed : have a great evening
[12:59 pm] Kris : good job today everyone.
see you all in the morning.
[01:00 pm] Brent : have a great night, see
you all in the morning
[01:01 pm] Mitch K: later guys
|
[06:26 am] rusty :
http://www.reuters.com/article/2012/01/09/us-
swiss-hildebrand-iv-idUSTRE8080W420120109
[06:30 am] joeytsa : eye on AMZN
[06:31 am] joeytsa : NFLX over $90
[06:31 am] apple : AMZN had a nice jump this
am
[06:31 am] joeytsa : VIX currently under
21
[06:32 am] joeytsa : IPCM down big
[06:33 am] doji : Watching REE
[06:34 am] c527548 : ….apple up a lot
[06:36 am] skydiver : S ACOR 27.29
[06:36 am] joeytsa : Italian Unicredit down
another 12%
[06:36 am] rusty : FOR THE RECORD:
Hildebrand’s informer from Bank Sarasin is in
mental institution after suicide attempt over
weekend.
[06:36 am] zentrader : PCX
[06:37 am] zentrader : TSN
[06:38 am] doji : REE running
[06:38 am] doji : out REE 1/2
[06:39 am] doji : CFN turning up
[06:40 am] skydiver : out of ACOR 27.03
[06:41 am] skydiver : watching AGP
[06:42 am] rusty : BVSN radar….big move
low volume…refer to daily chart
[06:47 am] rusty : DELL SEEKS TO BUY SMALL,
MID-CAP SERVICES COMPANIES, CEO SAYS
[06:48 am] joeytsa : me 2 kris, made a nice
short
[06:49 am] vnarayananv : kris, mitch what
time frame are using 1 min , 2min, 3 min ?are
y
[06:50 am] apple : vn, they are using 1 min
to enter usually and 2 or 3 min to manage
[06:50 am] joeytsa : NFLX another nice
one
[06:51 am] rusty : FSLR hod[06:52 am] rusty
: moving up fast
[06:52 am] skydiver : FSLR – take over
chatter again
[06:52 am] mhaus : takeover chatter
[06:53 am] doji : SPY reversing
[06:53 am] rusty : GMCR lod[06:53 am] doji
: all out REE L
[06:54 am] joeytsa : nice doji[06:54 am]
apple : good one doji[06:55 am] doji :
Watching CFN for second leg L
[06:55 am] rusty : SOHU spike up
[06:56 am] rusty : and down 🙂
[06:57 am] rusty : Pakistan’s ex-envoy to
U.S. denies sending memo seeking American
help to prevent military coup
[06:57 am] joeytsa : AMZN been a player so
far
[06:58 am] joeytsa : thanks rusty…also
read that 1000 US troops being sent to
Israel, and noe everyone has left Iraq just
yet
[06:59 am] rusty : World doesn’t have enough
war…needs more
[07:00 am] joeytsa : AYI moving
[07:00 am] rusty : JAZZ low volume breakout
above Fri high
[07:00 am] doji : CFN dropping
[07:00 am] joeytsa : yeah, big $$ 🙂
[07:01 am] joeytsa : AMZN lod[07:02 am] doji
: FSLR hod[07:02 am] doji : SPY lod[07:02
am] joeytsa : the ES just broke below
1272
[07:03 am] joeytsa : nice one on SOHU
rusty
[07:05 am] joeytsa : guy on cnbc sees upper
1400’s for the s&p this year
[07:06 am] joeytsa : he might want to try to
target 1300 first
[07:06 am] doji : NFLX dropping
[07:06 am] doji : below 87.30
[07:07 am] joeytsa : NFLX lower highs all
morning
[07:07 am] joeytsa : AMZN now below $180
[07:08 am] joeytsa : nice on Mitch !!!
[07:08 am] doji : oil stocks strong today
[07:09 am] rusty : JAZZ Fading
[07:09 am] apple : MK thx for IPGP
[07:09 am] joeytsa : yeah, and crude is now
below $101
[07:11 am] joeytsa : EQIX dancing today
[07:11 am] rusty : IDIX Alert
[07:12 am] rusty : Analyst raises target to
18
[07:12 am] rusty : from 9
[07:13 am] joeytsa : IDIX: announce
advancement of hepC virus development
pipeline
[07:13 am] rusty : HIG radar
[07:14 am] skydiver : HIG – rumors
[07:15 am] rusty :
http://www.streetinsider.com/rating_history.p
hp?q=idix
[07:16 am] rusty : BVSN low volume but
putting on closer watch…looks like a
manipulation to me
[07:17 am] doji : GNC nice run since called
in the room
[07:17 am] sfarrill : AYI getting
interesting now joeytsa[07:17 am] joeytsa :
yeah, so is AMZN again
[07:18 am] joeytsa : AYI up trending,
holding ma support the whole way so far
[07:18 am] joeytsa : on daily next res
between 60-61
[07:19 am] joeytsa : nice breakout on the
90day though
[07:20 am] joeytsa : keep eye on EQIX
also
[07:22 am] doji : ITMN turning over…
[07:22 am] joeytsa : for those with
optionsXpress platform Xtend….it gives
interesting audio hi/low alerts not only on
equities, but also specific options
[07:24 am] rusty : SINA SOHU lod[07:25 am]
rusty : BIDU “
[07:25 am] vnarayananv : gmcr long ?
[07:25 am] vnarayananv : 41.66
[07:28 am] joeytsa : nice little short on
AYI
[07:30 am] gamou : gs bounce
[07:31 am] joeytsa : seems like our market
has diverged from euro markets for the time
being…guess US investors starting to focus
on earnings?
[07:32 am] mhaus : DNDN
[07:34 am] joeytsa : AMZN going for
lod[07:34 am] joeytsa : nice on AGP kris,
looks to have some support at 66
[07:36 am] joeytsa : DECK strong
[07:38 am] doji : Watch out for DECL to
consolidate on low volume…
[07:38 am] doji : DECK
[07:39 am] joeytsa : esp if it holds support
doji, if not timber?
[07:40 am] doji : You are correct Joey
[07:40 am] doji : Same with GNC
[07:41 am] joeytsa : one of those you have
to let it show you first
[07:43 am] joeytsa : BIDU lod[07:45 am]
joeytsa : break time, keep eye on AMZN,
been playing whack-a-mole all morning 🙂
[07:51 am] skydiver : Well 4 good trades and
two losers (but small losses) so good morning
so far 🙂
[07:51 am] gamou : esrx[07:51 am] apple :
god job sky
[07:52 am] skydiver : thnx apple – learning
to make losers have small losses
[07:53 am] skydiver : I’m still in DECK
short – Shorted at 85.53 – looks promising
🙂
[07:55 am] skydiver : out 1/2 DECK at
84.06
[07:55 am] skydiver : moving stop down
[07:55 am] qwert : nice sky
[07:55 am] Ed : way to manage it sky
[07:55 am] skydiver : guess you can teach an
old dog new tricks 🙂
[08:00 am] rusty : CELG radar
[08:00 am] doji : Too fast Ed
[08:00 am] doji : support at 68
[08:00 am] apple : no chasers
[08:02 am] doji : DECK at trendline
support
[08:03 am] skydiver : S CELG 68.18 – covered
67.84 – hard trade
[08:03 am] qwert : agp been consolidating
for an hour
[08:03 am] apple : wait til it takes off!
[08:04 am] khall : I’m waiting and waiting –
should be a doozy
[08:05 am] skydiver : on my CELG trade – I
used market orders – don’t think that was
very wise
[08:05 am] doji : SPY approaching lod…
[08:06 am] apple : yes, thx rusty and E
[08:06 am] skydiver : yes ED – made a small
profit
[08:07 am] skydiver : Thnx ED for CELG
[08:07 am] doji : CFN lod[08:08 am] skydiver
: out 1/4 more on DECK short
[08:08 am] skydiver : moving stop down
again
[08:08 am] doji : SPY lod[08:09 am] joeytsa
: doji: did you catch anything on DECK on
that fall?
[08:11 am] skydiver : all out of DECK S
[08:11 am] skydiver : Thanks Mitch
[08:11 am] rusty : Reuters: Merkel, Sarkozy
press for quick Greek solution
[08:11 am] joeytsa : GOOG just getting
pounded
[08:12 am] khall : what is the deal? I
thought everyone was so bullish on them
[08:12 am] joeytsa : i think they bought a
company?
[08:12 am] khall : ahh[08:12 am] lightning
: GOOG: Google Q4 keyword pricing trending
down, says Susquehanna
[08:13 am] lightning : GOOG: Google falls
after Motorola Mobility’s negative
preannouncement
[08:13 am] joeytsa : had cnbc on in the
background, missed the whole story
[08:13 am] lightning : both GOOG headlines
from within the last 10 minutes
[08:13 am] doji : Nobody believes the
unemployment rate given by the
government!…
[08:13 am] skydiver : Great morning!! – got
to head into my office — have a great day
trading everyone!!! Maybe see you around
last hour
[08:14 am] joeytsa : that 1277-1280 level on
the ES is a strong ceiling for now
[08:15 am] apple : nice trickle down on
AMZN
[08:16 am] joeytsa : Alcoa reports
today…
[08:16 am] joeytsa : read somewhere that
they have a glut of aluminum
[08:17 am] joeytsa : pretty sure that glut
means..not a good sign?
[08:18 am] doji : NFLX moving up, strong vs
SPY
[08:19 am] joeytsa : sure is doji[08:20 am]
joeytsa : AMZN trying to hold $177
[08:20 am] scalpman : Mitch: Would you play
IPGP L. after closing the Short
[08:20 am] joeytsa : yeah, i wrote you a bit
ago..did you get DECK?
[08:20 am] joeytsa : CELG tumbling again
[08:23 am] rusty : PWRD not sure if
mentioned today…fraud article out
earlier
[08:23 am] rusty : worth watching huge
volume today
[08:24 am] rusty : Perfect World Story No
Longer Appears on Chinese Blog
[08:24 am] rusty : PWRD
[08:24 am] rusty : coincidentally just in
[08:24 am] doji : SINA and SOHU weak in line
with PWRD
[08:25 am] joeytsa : crazy how Alcoa was in
the $50 b4 the financial crisis
[08:25 am] doji : Apparently executing the
fraud “perfectly” was not the case with
PWRD
[08:25 am] rusty : PWRD being defended by
analyst
[08:26 am] doji : he must be long on PWRD
[08:26 am] rusty : “In our conversation with
PWRD this morning, management refuted the
circulating comments about its CEO Chi
Yufeng. The CEO is seeking legal actions
toward the creator. We also expect a press
release from PWRD shortly to make
clarification. PWRD has evidences of the CEO
paying taxes, hiring legitimate State-owned
companies for building decorations, etc.,
according to its CFO
[08:26 am] rusty : fwiw[08:28 am] joeytsa :
EU closing lower
[08:29 am] joeytsa : now i see why NFLX has
been moving
[08:29 am] joeytsa : debuted service in
UK/Ireland
[08:30 am] shark : yeah
[08:31 am] joeytsa : shark you get any of
that GOOG drop with options?
[08:31 am] shark : I tried using NFLX in
Peru last month
[08:31 am] shark : you can only access a
small portion of their library
[08:33 am] shark : so NFLX here is NOT the
same as NFLX somewhere else
[08:33 am] apple : now that’s control…
[08:38 am] joeytsa : missed that nice double
bottom on SINA, will watch levels here for
next move
[08:39 am] shark : volume heavy on CMG
today
[08:39 am] joeytsa : down really big huh
[08:41 am] joeytsa : germany sells 6-month
bills with negative return
[08:41 am] Ed : yea, sign me up
[08:43 am] Ed : war gives a chance to spread
wealth among many
[08:43 am] joeytsa : haha[08:44 am] joeytsa
: SINA needs to break above the prev cl for
next run higher
[08:44 am] doji : Everyone hated NFLX last 3
months, now everyone love it in 2012… true
capitalism
[08:45 am] joeytsa : CELG nice pop up off
the news
[08:46 am] joeytsa : CELG: fiscal 2012
Non-GAAP rev to increase approx 15%
[08:47 am] joeytsa : eye on AMZN once
again
[08:48 am] qwert : here comes agp[08:48 am]
shark : those 6000 Mar 100 NFLX Call
contracts bought for 2.40 now worth 8.45
=$3.63Million
[08:49 am] shark : profit in about a week
[08:49 am] Ed : share the wealth sky
[08:49 am] joeytsa : real nice
[08:49 am] shark : yeahhh….
[08:49 am] shark : maybe somebody new
something
[08:50 am] shark : or they were a really
great technician
[08:52 am] joeytsa : SINA made a quick move
above prev cl., pull back…might shoot
higher
[08:53 am] shark : FYI – VIX is up today –
1st time in a week
[08:53 am] joeytsa : CELG was nice on that
time lag play 🙂
[08:53 am] shark : some more volatility,
bigger moves if this trend continues
[08:53 am] joeytsa : thanks shark
[08:54 am] joeytsa : took a little longer on
the news this time though
[08:55 am] shark : GOOG taken to the wood
shed, today
[08:55 am] joeytsa : NFLX might be toppy?
strong today so be careful
[08:56 am] shark : NFLX vol very strong
today,
[08:57 am] doji : ITMN has been running
after a double bottom at 16
[08:58 am] shark : I think I lost some money
on a GLW trade a while ago
[08:59 am] joeytsa : Corning is revealing
its new Gorilla Glass 2
[08:59 am] joeytsa : out AMZN, hope you all
played along
[09:00 am] shark : thx Ed – AAPL info
[09:01 am] doji : No, when did you call AMZN
Joey?
[09:02 am] apple : i did thx joey
[09:02 am] joeytsa : around 8:47, said it
was getting interesting
[09:03 am] shark : that’s “joey code” for
SELL, SELL, SELL
[09:03 am] joeytsa : not always haha[09:03
am] joeytsa : depends on the setup
[09:04 am] joeytsa : but things lined up
nicely for a short
[09:04 am] apple : i am on to you joey!
[09:04 am] rusty : Tilson on NFLX: “We’re in
for the long term…everyone else seems to be
trading this…there’s a real int. growth
story.”
[09:04 am] rusty : from the same guy who
covered his short at 200+
[09:05 am] joeytsa : not that difficult,
look at s/r and correlating indis per TSA
settings
[09:06 am] joeytsa : risked 30cents to make
90cents 3:1 🙂
[09:08 am] shark : congrats joey, apple –
AMZN short
[09:08 am] mhaus : VHC
[09:10 am] joeytsa : NFLX amazing
[09:11 am] shark : yeah
[09:11 am] shark : reaching R2 – NFLX
[09:11 am] shark : @92.70
[09:11 am] apple : i am still loving NFLX
[09:12 am] shark : CMG coming off bottom
[09:12 am] joeytsa : nice 70cent move if you
grabbed it
[09:12 am] rusty : covered DROP swing trade
from couple weeks back
[09:12 am] shark : which one, joey?
[09:13 am] joeytsa : on NFLX, break above 92
to that R2 level you posted
[09:14 am] rusty : no one was interested in
NFLX at 70, everyone likes it at 92
[09:15 am] joeytsa : gotta love it rusty
[09:15 am] shark : “interesting” at 92
[09:15 am] rusty : Unless you are the monkey
in front the view never changes
[09:16 am] Kris : I liked it at 87.30
today
[09:16 am] joeytsa : apple: is AMZN
interesting again?
[09:16 am] joeytsa : i will hold off at the
moment
[09:16 am] apple : soon
[09:17 am] rusty : When I was buying NFLX
sub 70 everyone was sure it was going to
zero
[09:17 am] rusty : now everyone sure it’s
going higher
[09:17 am] joeytsa : made a higher low
though
[09:17 am] rusty : gotta love it
[09:17 am] Kris : sheeple[09:17 am] Ed :
imagined if u listened to them
[09:18 am] victor51 : Kris, I was late
getting up but thanks for giving NFLX. Out
1/2
[09:18 am] joeytsa : that’s why the market
is great..human psychology never changes
[09:18 am] joeytsa : nice victor
[09:18 am] Kris : exactly joey, why the same
stuff works the same way through history of
markets
[09:19 am] victor51 : Thanks. Lost Deck
short for 5 cents
[09:19 am] shark : NFLX over [email protected]
[09:19 am] joeytsa : NFLX above the oct big
gap…
[09:20 am] joeytsa : next stop might be
$100
[09:20 am] joeytsa : on the daily chart
[09:21 am] shark : NFLX resting on top of
R2
[09:22 am] joeytsa : AYI just dropped about
50cents
[09:22 am] rusty : THRX radar
[09:22 am] rusty : analyst defending it
[09:28 am] shark : up, up CMG
[09:29 am] mhaus : Government Set to Sell
Foreclosures in Bulk
[09:29 am] shark : another hokie gov’t
program?
[09:29 am] mhaus : yes, sell to the rich
only.
[09:31 am] joeytsa : shark: successful test
of R2 on NFLX?
[09:31 am] shark : I was just looking at
that.
[09:31 am] shark : holding well here
[09:34 am] joeytsa : that looked
weak…getting tricky
[09:35 am] joeytsa : i don’t like tricky
charts
[09:36 am] zentrader : CP
[09:40 am] joeytsa : AMZN with a quick
move
[09:40 am] doji : NUAN hit 52-week high
[09:41 am] rusty : NUAN: Intel partnership
with NUAN.
[09:42 am] rusty : BRCD sudden spike
[09:42 am] rusty : radar
[09:42 am] shark : new all time high NUAN
[09:42 am] zentrader : BRCD halted
[09:43 am] zentrader : circuit breaker
[09:43 am] joeytsa : QLGC quick move
[09:45 am] rusty : JAZZ radar spiking at
high
[09:46 am] apple : joey thx for QLGC
[09:47 am] doji : BRCD halted?
[09:48 am] lightning : yes, BRCD halted
[09:48 am] doji : BRCD has received several
bids for takeover….
[09:49 am] qwert : agp finally broke out
[09:49 am] doji : VHC dropping
[09:54 am] shark : good one, Mitch
[09:59 am] gamou : pay
[10:03 am] joeytsa : OPEN lod..not sure if
any $ there though
[10:10 am] doji : NFLX moving up again
[10:11 am] joeytsa : alcoa up 2% today
[10:13 am] apple : JAZZ moving
[10:15 am] joeytsa : some nice plays for
this time of day
[10:17 am] apple : got it MK
[10:17 am] shark : JAZZ had a nice break out
on Fri –
[10:21 am] shark : NFLX retakes R2
[10:22 am] rusty : STEC radar
[10:27 am] rusty : CMG short call swingtrade
doing well
[10:27 am] rusty : CME radar
[10:41 am] joeytsa : real nice move on
NFLX
[10:41 am] apple : indeed
[10:41 am] joeytsa : you get that shark?
[10:41 am] joeytsa : you 2 apple?
[10:41 am] joeytsa : nice job
[10:42 am] apple : i am in
[10:42 am] khall : thinking about perhaps a
call for a L swing on NFLX
[10:42 am] joeytsa : i just got out, time
for lunch
[10:43 am] joeytsa : khall, might have some
resistance at $100, but still might be worth
a shot…also it has come up a ways, so keep
that in mind
[10:43 am] khall : thanks joey
[10:44 am] joeytsa : before i go..going to
post a link to a great “non-trading” trading
purchase…
[10:44 am] joeytsa : esp since most of us
sit in front of screens for hours on end
[10:45 am] joeytsa :
http://www.amazon.com/RumbleRoller-Extra-Firm
/dp/B004INQSPG/ref=sr_1_1?ie=UTF8&qid
=1326130882&sr=8-1
[10:45 am] joeytsa : amazing piece of
equipment…see you in 30
[10:46 am] apple : PAY was great, thx
[10:52 am] apple : that’s the kind of PAY I
like!
[11:02 am] Kris : I still have 1/4 NFLX
[11:03 am] apple : beautiful chart tho[11:06
am] mhaus : Coffee anyone (GMCR)?
[11:06 am] apple : nice
[11:07 am] joeytsa : khall: did you get in
NFLX on that little pullback?
[11:08 am] khall : Yes I did, thanks
[11:08 am] joeytsa : nice !!!
[11:10 am] apple : c’mon let’s hit 100
today…
[11:10 am] joeytsa : late, but ITMN with
about a 50cent spike
[11:13 am] mhaus : making Mitch pay?
[11:18 am] joeytsa : trail GMCR up if
long
[11:18 am] joeytsa : don’t let profits slip
too much
[11:18 am] apple : i am joey, thx
[11:19 am] joeytsa : haven’t seen yet
kris[11:20 am] joeytsa : big seller at
44.70
[11:20 am] joeytsa : I’m bailing
[11:21 am] victor51 : Mitch, VHC is working
well
[11:21 am] joeytsa : thanks for the GMCR
call kris[11:21 am] apple : thx mhaus –
+1.30 on GMCR
[11:22 am] Ed : way to be flexible
guys/gals
[11:22 am] joeytsa : just like an analyst
🙂
[11:24 am] joeytsa : SPY volume seems
low?
[11:27 am] apple : very
[11:27 am] khall : they are all taking a
coffee break with GMCR
[11:27 am] gamou : what’s the meaning of
short half??
[11:27 am] gamou : why half?
[11:27 am] khall : you sell half of a normal
position
[11:27 am] gamou : ok thx
[11:28 am] joeytsa : that big seller on GMCR
put a stop to that run
[11:29 am] apple : sounds good
[11:29 am] joeytsa : thanks for the target
kris[11:29 am] khall : I’d be happy with a
drop – LOL
[11:29 am] apple : haha[11:30 am] apple :
SINA moving
[11:30 am] joeytsa : nice apple
[11:30 am] Kris : now we watch the price
action here, should start to come down in the
next 5-10 minutes, we don’t want
consolidation
[11:30 am] Kris : we want these longs to
start unloading
[11:31 am] joeytsa : yeah, not sure it has
enough oomph to get thru the hod[11:32 am]
joeytsa : the ES is having a heck of a time
getting thru 1277
[11:38 am] joeytsa : what a move by GMCR,
even the ES is pushing higher bit
[11:38 am] jimmyp : gmcr got me twice,
turkey
[11:39 am] joeytsa : i think the big sellers
got cold feet on GMCR
[11:42 am] jimmyp : I was lost, at 11:32
[11:42 am] rusty : JVA radar
[11:42 am] rusty : moving on GMCR
sympathy
[11:45 am] weston : Kris are u still holding
GMCR?
[11:45 am] gamou : gmcr Rumor: Green
Mountain strength attributed to positive NPD
data
[11:45 am] Kris : yes, I’m holding it
[11:45 am] Kris : half position
[11:46 am] qwert : did you flip it kris or
are you short
[11:46 am] doji : Just back from work… are
you shorting GMCR?
[11:46 am] apple : we missed you doji[11:47
am] doji : Thanks Apple… short in GMCR?
[11:47 am] qwert : i was short at 44.40 but
stopped.
[11:48 am] doji : It seems NFLX will hit 100
today….
[11:48 am] apple : yes, 45.31
[11:49 am] doji : too late for me to short
GMCR now
[11:49 am] qwert : nice apple
[11:50 am] joeytsa : real nice apple
[11:50 am] khall : you are braver than I am
apple – I’m in s at 45.11
[11:55 am] doji : Anyone taking NFLX
home?
[11:57 am] joeytsa : NFLX up $11 today
wow
[11:58 am] khall : doji – I’m considering
it
[11:58 am] apple : oh,yeah,i have had it
since last week
[11:58 am] rusty : lot of trashed stocks
perking up today
[12:00 pm] joeytsa : quick $1 move on
NFLX
[12:01 pm] doji : If NFLX doesn’t hit 100
today, it’s most probably it will gap up
tomorrow above 100
[12:01 pm] apple : did you hold from last
week, doji?
[12:01 pm] doji : NOv consumer credit surges
by $20.4 billion
[12:01 pm] doji : No apple.. I am not
swinging any stock yet
[12:02 pm] apple : too bad, i remember you
bought at about 80
[12:02 pm] doji : At bough even below that
but sold all of them… no feeling
comfortable taking anything home
[12:03 pm] doji : No regrets… as long as I
don’t lose money…
[12:03 pm] joeytsa : good way to look at it
doji[12:09 pm] qwert : apple are you still
in gmcr short
[12:09 pm] apple : yes
[12:09 pm] rusty : White House Chief of
Staff Daley Resigns
[12:12 pm] apple : stopped out GMCR
[12:12 pm] doji : NFLX approaching 100
[12:13 pm] rusty : GMCR 20 day moving avg =
46.78
[12:14 pm] joeytsa : when i mentioned NFLX
going to $100, i wasn’t meaning today, heck
of a move
[12:14 pm] doji : It has been a trendline
support the whole day
[12:15 pm] Kris : sorry guys, got stuck on an
emergency phone call
[12:15 pm] Kris : I just stopped out on my
half of GMCR
[12:18 pm] doji : Mitch recommended NFLX as
swing trade in the DSR….he may be long at
88….
[12:18 pm] gamou : rimm if break .60??
[12:19 pm] doji : AGP never moved ahh[12:19
pm] apple : no it didn’t
[12:21 pm] doji : NFLX has moved 30% in the
last 5 days…..from hated to loved….
[12:22 pm] rusty : AA earnings after the
close
[12:22 pm] rusty : same price it was 2o
years ago
[12:22 pm] joeytsa : was 50 b4 the
collapse
[12:23 pm] apple : wow
[12:24 pm] shark : GMCR toppy
[12:25 pm] doji : I won’t touch anything at
this time of the day personally… GMCR look
very bullish
[12:26 pm] joeytsa : really surprised at how
strong the 1277 res area is…seems to me
that big money would want to get to 1300
[12:27 pm] shark : toppy as in slight
pullback
[12:27 pm] shark : I see your point thought,
joey
[12:27 pm] shark : GOOG new lod[12:27 pm]
shark : cmg[12:28 pm] joeytsa : yeah..if it
can get to 1300, imagine how giddy cnbc will
get, bringing it the rest of the buyers b4
they pull the rug
[12:28 pm] rusty : Cramer will put a big
bullish hat on
[12:28 pm] shark : NFLX made it up to
99.65
[12:29 pm] shark : congrats joey
[12:29 pm] shark : finding support at R3
line
[12:30 pm] joeytsa : my pivots stop at
r2/s2
[12:30 pm] doji : Most oil stocks have been
strong today although oil price dropped
0.3%…???
[12:31 pm] doji : GMCR
[12:31 pm] shark : I told you – GMCR
[12:31 pm] shark : sell vol coming in
[12:31 pm] joeytsa : oil up almost $1 from
its low
[12:32 pm] shark : The Black Gold -joey
[12:32 pm] joeytsa : amen, get enough of
that and build me a real nice C-ment pond
🙂
[12:32 pm] apple : SINA lod[12:32 pm] shark
: flush of sellers in GOOG -looking for
slight bounce here
[12:33 pm] shark : it’s waaaay below S3
-joey
[12:34 pm] joeytsa : not sure how to get
those outside pivots
[12:34 pm] joeytsa : plenty of trades on the
others though
[12:34 pm] doji : I can see only 3 pivots on
each side of support/resistance… how many
pivots lines do you have Shark?
[12:35 pm] doji : in NFLX my R3 is 101.31
for instance
[12:35 pm] joeytsa : i think they go up to 4
correct?
[12:35 pm] doji : No, I have 3S lines, 3R
lines and the center pivot line
[12:35 pm] shark : my NFLX R3 = $98.10
[12:36 pm] joeytsa : i’ll rely on you guys
🙂
[12:37 pm] apple : that’s what i have too
[12:37 pm] shark : JAZZ hit R2 and pulled
back
[12:38 pm] doji : What do you have Apple as
R3?
[12:38 pm] doji : for NFLX
[12:38 pm] apple : same, 98.10 – also on
freestockcharts[12:38 pm] joeytsa : ahhh,
wonder if i can find it on esig?
[12:39 pm] shark : Worden TC2000 has it
[12:40 pm] khall : I’ve about decided to
hang on to NFLX overnight
[12:40 pm] rusty : What is the significance
of R3, R4, R5? You shorted too soon.
[12:40 pm] joeytsa : interesting day, i rank
my charts on a 1-4* basis….and NFLX hasn’t
gone below my 3star chart..really been a big
mover
[12:40 pm] shark : support & resistance
based on prior recent moves – rusty
[12:42 pm] victor51 : All out of NFLX.
Thanks Will look at again tomorrow
[12:43 pm] qwert : which chart do you guys
put the pivots on daily or 1 or 3 min.?
[12:43 pm] shark : 28.4M shares traded NFLX
today
[12:43 pm] joeytsa : i use 1min qwert[12:43
pm] lightning : joey, I don’t think e-signal
has R3 or S3 (or above). You can add it
using this .efs, but I have not tried it.
[12:43 pm] shark : most since gap down on
10/25/2011
[12:43 pm] lightning :
http://share.esignal.com/groupcontents.jsp?fo
lder=Pivots&groupid=114
[12:43 pm] joeytsa : i see it on
freestockcharts now..thanks apple
[12:44 pm] doji : Cannot find it in
Stockcharts…. under what name is it?
[12:45 pm] shark : update on Mar NFLX 100
Calls -6000 bought last Wed for
2.40/contract, now worth 12.90/contract
[12:45 pm] shark : 7787 traded today –
[12:45 pm] shark : could be sign of someone
adding or taking profits -won’t know until
tomorrow
[12:45 pm] joeytsa : someone made $$
[12:46 pm] joeytsa : that far otm? someone
knew something
[12:46 pm] shark : $6.36 Million since last
Wed
[12:46 pm] rusty : think of the person who
sold those calls
[12:47 pm] joeytsa : i need to fire up my
options vol scan
[12:49 pm] joeytsa : i have an options vol
scanner on one of my platforms..just have to
find it and use it correctly
[12:50 pm] rusty :
http://www.ivolatility.com/
[12:50 pm] joeytsa : GOOG nice bounce off
that double bottom
[12:50 pm] shark : will it seek out unusual
options trades on stocks?
[12:51 pm] joeytsa : that’s what i will try
to find out
[12:51 pm] rusty : shark sounds like you’re
thinking of Najarian’s Heatseeker stuff
[12:51 pm] joeytsa : exactly
[12:52 pm] joeytsa : i don’t have that
[12:52 pm] joeytsa : i will search in a
little bit, see if anything i have is
useful
[12:53 pm] joeytsa : premarket i expected
NFLX to be a player today…this move threw
me off, much bigger than i thought
[12:53 pm] shark : yeah, exactly… we need
that in our tool kit here at TSA
[12:55 pm] joeytsa : doesn’t sound like good
forward news for alcoa [12:56 pm] doji :
GMCR and NFLX will be interesting tomorrow
[12:56 pm] goldrecord : There are no out
calls for several trades. Are you still
holding?
[12:57 pm] joeytsa : PAY also
[12:57 pm] Ed : if ur still holding any
trades would look to close market closes in 3
min
[12:58 pm] goldrecord : many of them are in
red.
[12:58 pm] mh : vol spike on smbl[12:58 pm]
doji : Let’s see if those “experts” who
recommended buying AA before it reports
earning were right or…. wrong
[12:58 pm] qwert : bye everybody had a
really good day even after over sleeping by 2
hours. cya in the am
[12:59 pm] joeytsa : AA already announced
closing/curtailing production at plants in
US/Europe to reduce costs
[12:59 pm] Ed : is this ur first day
goldrecord?
[12:59 pm] goldrecord : Yes, in
simulation
[01:00 pm] joeytsa : welcome goldrecord
[01:00 pm] doji : You have to decide when to
close your trade Gold
[01:00 pm] shark : CMG looking for some
last minute footing
[01:00 pm] Ed : welcome. glad ur in sim, it
does take a few days to get use to the style
of trades
[01:01 pm] goldrecord : What is the risk,
reward ratio of your calls?
[01:01 pm] Ed : as each moderator has a
different strategy
[01:02 pm] goldrecord : i wish if a trade
is not going as expected, let me know
[01:03 pm] Ed : being in sim mode u will get
a feel for what may or may not fit your
style, as the risk per trader varies
[01:04 pm] goldrecord : i shorted GMCR. wish
I went long
[01:04 pm] rusty : Rare earth stocks should
be on radar
[01:05 pm] shark : I went long off the
bottom GMCR
[01:05 pm] rusty : REE CHGS etc[01:05 pm]
joeytsa : i think so too rusty
[01:05 pm] goldrecord : is there any guide
document to use the trading room? i didn’t
understand some terms and actions
[01:06 pm] shark : AA beat on top line
[01:06 pm] joeytsa : AA revs up , expects
alum to grow 7%
[01:06 pm] joeytsa : expectations don’t
always work out though
[01:06 pm] shark : inline on earnings loss
of -.03/share
[01:07 pm] shark : expect 7% growth in
Aluminum for 2012
[01:07 pm] joeytsa : they are going to need
a global economic upturn
[01:08 pm] joeytsa : goldrecorrd: there
isn’t a trading room document..more of a
watch/observe type…
[01:08 pm] joeytsa : but TSA has defined
settings etc[01:08 pm] rusty : Hedging is
for traders who don’t know which direction
the stock is going to go
[01:08 pm] shark : maybe we can answer
now
[01:08 pm] shark : good point rusty
[01:09 pm] joeytsa : hedging is great for
limiting losses and profits
[01:09 pm] shark : I can see hedging on
long term positions that you don’t want to
close for tax purposes
[01:09 pm] joeytsa : goldrecord: which
terms confused you?
[01:09 pm] goldrecord : like SODA sick
today, hod, lod[01:10 pm] joeytsa : hod=
high of day
[01:10 pm] joeytsa : lod= low of day
[01:10 pm] goldrecord : got it
[01:10 pm] joeytsa : sick= stock is down
[01:10 pm] shark : hod =high of day
[01:10 pm] joeytsa : lod/hod don’t
necessarily indicate trade direction
though…
[01:11 pm] joeytsa : like ed said, each
traders style is different
[01:11 pm] joeytsa : lod to some might mean
look to go long, where another trader might
be thinking follow it short
[01:11 pm] shark : what do we do then,
joey?
[01:12 pm] joeytsa : depends on support/res
OR trend along with indicators
[01:12 pm] goldrecord : so if a trade is
going as the call when should i exit
[01:12 pm] joeytsa : when i say
hod/lod…usually it’s just meant as info
[01:13 pm] joeytsa : hard to say on your
exit…all depends on your risk level. Plus,
you should always know your exit b4 you
enter..but that comes with experience
[01:13 pm] goldrecord : or vice versa
[01:13 pm] joeytsa : shark: what do you do
on a hod/lod call
[01:14 pm] shark : same thing you
mentioned
[01:14 pm] shark : I look to see if there is
further move in same direction (on vol)
[01:14 pm] joeytsa : cool…i figured, we
seem to be on the same wavelength
[01:14 pm] shark : or if the direction is
peaking and turning around
[01:14 pm] joeytsa : right..i didn’t even
mention vol above…lots of stuff to look
at
[01:15 pm] shark : like GMCR and CMG off
their bottom’s today
[01:15 pm] shark : the market has an upward
bias at the moment
[01:15 pm] shark : so I’m seeing a lot of
stocks bottom and come back up
[01:15 pm] joeytsa : i rarely have time to
even look at a chart other than the 1m
[01:15 pm] joeytsa : nice
[01:16 pm] shark : i’m seeing a lot of
stocks go up, pull back and then continue
their climb
[01:16 pm] shark : lots of upward bias since
about jan 3
[01:16 pm] goldrecord : indicators mean MA 5
and 15?
[01:16 pm] joeytsa : yeah, think it’s due to
mutual funds right now
[01:16 pm] goldrecord : or stochastics[01:16
pm] joeytsa : yes goldrecord plus the
stochastics[01:17 pm] shark : yeah, big
investors = a la mutual funds
[01:17 pm] joeytsa : i use a couple others
also…look for confirmation, more odds on my
side
[01:17 pm] shark : CNBC said it well this
am
[01:17 pm] joeytsa : esp beginning of year
contributions
[01:17 pm] shark : nobody wanted NFLX on
their books to show their clients (at end of
year)
[01:17 pm] goldrecord : what are they
Joeytsa[01:17 pm] joeytsa : yeah, i really
missed that boat
[01:17 pm] shark : they sold -even though
they had a feeling it was oversold
[01:17 pm] joeytsa : gold: you mean my other
indis?
[01:18 pm] goldrecord : yes
[01:18 pm] shark : I think that the gold
trade of the past is not going to be the same
going forward
[01:18 pm] joeytsa : i still use macd and a
15ma instead of the 20ma…these are the old
TSA settings
[01:18 pm] shark : doesn’t produce any
income while you hold it
[01:18 pm] joeytsa : plus i use
pivots,previous close line for support/res
areas
[01:19 pm] joeytsa : shark: i think you
might be rigth with gold
[01:19 pm] shark : I went into gold shops in
Peru
[01:20 pm] joeytsa : europe is still a huge
dark cloud
[01:20 pm] joeytsa : euro falls, dollar
should move higher, commodities lower
right
[01:20 pm] shark : for people that earn
maybe $20/day if they are lucky
[01:20 pm] shark : Dollar higher, yeah
[01:20 pm] shark : Commodities should remain
reasonable, yes
[01:20 pm] joeytsa : any questions just
ask…slow times are best
[01:21 pm] shark : what type of trading do
you do goldrecord?
[01:21 pm] goldrecord : stocks
[01:22 pm] shark : any particular style?
[01:22 pm] joeytsa : traders need to figure
out their trading style, trading goals and
money management
[01:22 pm] joeytsa : i finally got around to
writing things down again
[01:22 pm] goldrecord : today i’m waiting
for exit calls but never came
[01:23 pm] joeytsa : yeah, exit calls don’t
always come
[01:23 pm] shark : exit calls from the swing
trades on the daily stock report?
[01:23 pm] goldrecord : no, in the trading
room. es.
[01:24 pm] joeytsa : those are usually left
to the trader
[01:24 pm] shark : Kris is probably the best
with exit announcements
[01:24 pm] goldrecord : yes i agree
[01:24 pm] joeytsa : yeah, i sometimes will
say trail stop or tighten stop..but that’s
about it
[01:24 pm] shark : he can also hit the buy
and sell button faster than probably anybody
I know
[01:25 pm] joeytsa : 1 traders target is
usually different from another’s
[01:25 pm] goldrecord : i am using ninja
trader but don’t know how to place a trailing
stop
[01:25 pm] joeytsa : yeah kris is amazing, i
have enough issues doing 2 trades at a
time
[01:25 pm] shark : I REALLY want to get my
system and style up to that ability
[01:26 pm] joeytsa : not sure…i use ninja
only for trading futures…you can use the
atm strategies i think..but i don’t know
enough
[01:26 pm] shark : have to get the hot keys
programmed first
[01:26 pm] joeytsa : yeah me 2…but i get
enough action as it is…and I’m still
confused haha[01:26 pm] shark : did you get
any “hot” keys programmed, joey?
[01:27 pm] joeytsa : i did, but then i set
up a whole new page for my new setup and
haven’t added them yet
[01:28 pm] joeytsa : I’m still in caveman
mode when it comes to execution
[01:28 pm] joeytsa : it’s my biggest
downfall
[01:28 pm] shark : me too, also my biggest
slow down
[01:29 pm] shark : was trying to get into
GMCR short all morning
[01:29 pm] shark : and was chasing the bid
-couldn’t update my order fast enough
[01:29 pm] shark : finally, I just gave up
-(when it got too extended)
[01:29 pm] joeytsa : yeah it’s tough when
the market is moving fast…
[01:30 pm] goldrecord : i am trading live
for a while, but got inconsistent results. so
i joined this chat room. today i lost many
trades cuz don’t know the exit
[01:30 pm] shark : can only do it with “hot”
keys
[01:30 pm] joeytsa : if it moves fast and i
WANT to be in, i go market
[01:30 pm] shark : ok
[01:30 pm] joeytsa : its not the best way,
but i can live with giving up a few pennies
to make a nice profit
[01:30 pm] shark : Yeah, GMCR never
bounced
[01:30 pm] joeytsa : i should have hot keys
done this week
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