[06:20 am] Ed : good morning
traders [06:33 am] Mitch K: watch VRTX for
top to short, top of this bounce, monitor all
day for repeated trades [06:33 am] Mitch
K: watching SBUX for bottom [06:33 am]
Mitch K: watching VMW for bottom to
buy [06:34 am] Mitch K: watching
healthcare stocks for bottom to buy, UNH,
WLP, CI, AET [06:35 am] Mitch K: watching
ESRX for bottom to buy [06:35 am] Mitch K:
watching CMG for bottom [06:35 am] Mitch
K: watching PAYX for botom to buy [06:36
am] Mitch K: watching CLF for
bottom [06:36 am] Mitch K: watching UA for
bottom [06:36 am] Mitch K: odds are best
to look for bottoms to buy [06:37 am]
Mitch K: watching TAHO for bottom to
buy [06:37 am] Mitch K: watching CAT for
bottom [06:37 am] Mitch K: CELL should
repeat yesterday’s trending up pattern,
monitor all day [06:37 am] Mitch K:
watching ETP for bottom [06:39 am] Mitch
K: watching TAHO closely now, same with
ETP [06:40 am] Mitch K: just be patient
with TAHO, need to wait for it to stop going
down [06:44 am] Mitch K: TAHO trying to
bounce [06:44 am] Mitch K: no buy signal
on TAHO yet [06:45 am] Mitch K: TAHO could
approach 12 [06:47 am] Mitch K: SPY
bouncing, should bring up those longs off
bottom [06:48 am] Mitch K: TAHO looks
halted [06:48 am] Mitch K: is taho
halted? [06:48 am] Mitch K: try above 24
mostly [06:48 am] Mitch K: consider TWI
for short, [06:50 am] Mitch K: Code
M: Individual Security Volatility
Trading Pause Trading has been paused in an
Exchange-Listed issue (Market Category Code =
C) that experiences a price change of 10% or
more within a rolling 5 minute period of
time. [06:51 am] Mitch K: consider
reducing VRTX long [06:55 am] Mitch K:
only news i see on TAHO is a couple weeks old
and thats that 40% of the shares of company
being released from lockup. insiders
can sell [06:57 am] Mitch K: TWI turning
over [06:57 am] Ed : SPY pulling
back [06:57 am] Mitch K: watching COH for
bottom [06:59 am] Mitch K: watching WMT
for bottom [06:59 am] Ed : “Guatemala may
nationalize Nat resources” RE: TAHO [07:00
am] Mitch K: watching MNST for
bottom [07:00 am] Mitch K: monitoring ANR
for top to short [07:02 am] Mitch K: rumor
on NAV [07:03 am] Mitch K: watching AEM
for bottom [07:04 am] Mitch K: watching
HUM for top to short [07:05 am] Mitch K:
should be out of the healthcare longs now
from earlier: UNH, CI, AET [07:06
am] Mitch K: consider selling ESRX [07:06
am] Mitch K: MNST trying to bounce
here [07:07 am] Mitch K: these healthcare
stocks really volatile on today’s scheduled
SUpreme Court decision on Obama
healthcare. issue is that it may be
unconstitutional [07:07 am] Mitch K:
consider selling CI long, [07:08 am] Mitch
K: oh ugh [07:08 am] Mitch K: supreme
court upholds healthcare mandate [07:10
am] Ed : nice bounce in UNH, [07:11 am] Ed
: benefeciary stock [07:12 am] Ed : hope u
guys were able to catch UNH long [07:13
am] Ed : If upheld benefeciary stocks
ESRX/UNH not sure on others [07:26 am] Ed
: monitroing HMSY for potential short take ur
time [07:28 am] Ed : if u took it long
would cover majority here and trail
remainde [07:32 am] Mitch K: watch UHS for
a bounce on this next bottom [07:33 am]
Mitch K: watching PCYC for bottom [07:34
am] Mitch K: watch for these health care
stocks that spiked, then gone down sharply,
should have a tradable long bounce
soon [07:38 am] Ed : If u took HMSY short
cover some here [07:42 am] Ed : cover more
HMSY short and if u still have piece would
trail stop [07:46 am] Mitch K: watching
BTU for bounce [07:48 am] Mitch K:
watching QCOR [07:54 am] Ed : Taho is
denying reports made [07:59 am] Mitch K:
watching HMSY [08:12 am] Mitch K: COST
spiking up [08:12 am] Mitch K: watching MD
for top [08:40 am] Ed : SPY trading at
resistance [08:50 am] Mitch K: watching
LULU [09:01 am] Mitch K: LULU turning
up [09:08 am] Ed : buyout rumor [09:08
am] Ed : Advanced trade wathcing BMRN for
potential short [09:15 am] Mitch K: Obama
speaking, hostpital stocks will
move [09:17 am] Ed : If you took BMRN
short would cover [09:38 am] Mitch K:
monitoring PCLN [09:45 am] Mitch K:
watching UA [10:13 am] Ed : SPY trading in
tight range [10:15 am] Mitch K: monitoring
VAL [10:32 am] Mitch K: watching
VMW [10:32 am] Mitch K: VAL turning
over [10:36 am] Mitch K: sorry wrong
keyboard [10:36 am] Mitch K:
rost [10:46 am] Mitch K: we werent
emotional about it, just kind of
wondered [10:46 am] Mitch K: i thought you
died [10:46 am] Mitch K: where you been
rusty [10:47 am] Mitch K: i checked online
obituaries but i figured your survivors were
to cheap to post, they cost a lot [11:15
am] Ed : SPY nearing lod [11:56 am] Ed :
getting bounce in SPY [11:59 am] Mitch K:
watching MPC [12:07 pm] Ed : if u took
VRTX short below 50 would cover some
here [12:08 pm] Ed : SPY trading at
resistance [12:10 pm] Ed : looking for
47.41 but as always be flexible [12:10 pm]
Ed : covering 1/4 VRTX short, will trail last
1/4 short [12:22 pm] Mitch K: watching
KORS [12:33 pm] Mitch K: monitoring MD
again [12:39 pm] Ed : SPY new
hod [12:43 pm] Mitch K: MD toppy [01:00
pm] Mitch K: Have a good evening
traders [01:11 pm] Ed : have a great
evening traders
| [05:49 am] mikewd2 -: good morning
traders [05:50 am] eddy : goof
morniind all [06:03 am] qwert : Good
morning everybody [06:06 am] qwert :
only news im seeing on vrtx sounds positive
but down 13% [06:07 am] khall : good
morning all [06:07 am] qwert : gm
khall [06:07 am] khall : morning
qwert 🙂 [06:14 am] skydiver : gm
all – looking at CRM [06:14 am]
skydiver : as well at VRTX of course
🙂 [06:15 am] aussie123 : GM from
Phoenix…….111 forcast for
today…the frost is gone!!! [06:15 am]
joeytsa : Good morning
Mitch,Ed,everyone else [06:15 am]
skydiver : I guess aussie — gm
joey [06:15 am] joeytsa :
🙂 [06:16 am] khall : gm joey –
aussie it’s going to be 106 today in Tulsa –
another cool day 😉 [06:16 am]
skydiver : might be an interesting
day [06:16 am] khall : sky – I think
so [06:16 am] joeytsa : reports:
unemployment, GDP basically flat…nat gas at
7:30pst [06:16 am] skydiver :
Portland Oregon today’s temp – hi of
73 [06:17 am] skydiver : thnx
joey [06:17 am] joeytsa : not
watching any gap ups today [06:18 am]
eddy : OREX +10.98% [06:18 am]
joeytsa : gap down: FDO,VRTX,STX,DLTR
for now [06:18 am] aussie123 : what
the heck does 73 feel like??? [06:18 am]
joeytsa : it doesnt even get to 73 at
night here in vegas haha [06:19 am]
joeytsa : its already 94 here at
6:19 [06:19 am] skydiver : yeah –
Portland is a much different climate
🙂 [06:20 am] joeytsa : might try to
get to portland, will let you know
sky [06:20 am] skydiver : that would
be fun joey – let me know 🙂 [06:20 am]
mikewd2 -: it was 108 here yesterday, new
record for the day [06:20 am]
skydiver : gm Ed [06:20 am]
joeytsa : no prob [06:21 am]
jolliffboy : mornin ed [06:21 am]
joeytsa : crazy heat all over the
country.. [06:21 am] Ed : we will hit
triple digits again starting
2morrow [06:21 am] joeytsa :
churchill downs cancelled for today,
yesterday or the day b4 [06:21 am] Ed :
the tornado cooled things down for 2
days [06:21 am] mikewd2 -: wow- [06:21
am] joeytsa : crazy weather [06:22
am] Ed : yep [06:22 am] skydiver :
gm Ed – called tornado relief? [06:22 am]
joeytsa : 2012..end of the world
hha [06:22 am] skydiver : better
make our money fast then 🙂 [06:22 am]
joeytsa : 🙂 [06:22 am] eddy :
or even if we loose some who
cares:) [06:23 am] skydiver :
🙂 [06:23 am] joeytsa : exactly
eddy [06:23 am] joeytsa : people
feel bad for those who die
penniless… [06:23 am] joeytsa : i
call it perfect timing 🙂 [06:23 am]
doji : Good Morning
felllllaaaaaasssssss….. [06:23 am]
skydiver : gm doji [06:23 am]
khall : hey doji [06:24 am] Ed : How
is Barclays different from what Falcone did?
Its not but Falcon will go to jail but no one
from Barclays [06:24 am] scalpman :
joey: did you list gap UP [06:24 am]
khall : ha ha – can he list a gap up
today? [06:24 am] mikewd2 -: watching
GS [06:24 am] joeytsa : i didnt
scalp, didnt see anything worth
following [06:24 am] doji : Here is
Rio 77….nice sunny day [06:24 am]
scalpman : ok thanks… [06:24 am]
joeytsa : i found a bunch
though [06:25 am] qwert : only gap i
saw was low priced orex [06:25 am]
joeytsa : lots were etfs, i dont play
those for the most part [06:26 am]
joeytsa : i try to list only gaps of at
least $1 , in dont look at % for
gaps [06:27 am] doji : What time is
the supreme court annouce their decsiition
about the Obama’s health care plan? [06:28
am] joeytsa : i believe 10
Eastern [06:28 am] doji : so in 1/2
hour…. [06:29 am] aussie123 :
UVXY nice pre mkt move [06:29 am]
joeytsa : JPM trading loss revised to
an estimate of $9B instead of $2B [06:30
am] apple : good morning to all
inquisitive traders [06:30 am] khall
: gm apple [06:31 am] apple : hey
khall [06:32 am] mikewd2 -: VRTX S
55.50 [06:34 am] skydiver : all out
VRTX L [06:34 am] doji : ARNA
moving [06:34 am] doji : VRTX
Long/Short? [06:35 am] skydiver : I
got VRTX just before open doji – thought it
would pop up for a short bit, looking forf
short now [06:35 am] joeytsa : great
trde sky, nice move [06:35 am]
skydiver : made my morning 🙂 [06:36
am] skydiver : thnx Mitch [06:37 am]
mikewd2 -: watching options for WLP [06:37
am] skydiver : watching LULU [06:37
am] mikewd2 -: trying VRTX S again
56.5 [06:37 am] joeytsa : ES testing
overnigh lows [06:39 am] joeytsa :
WLP still trying to find a
bottom [06:39 am] apple : good job
sky [06:40 am] skydiver : thnx apple
and gm 🙂 [06:41 am] mikewd2 -: oil moving
nicely [06:42 am] joeytsa : TAHO
trying to hold $10 [06:46 am] mikewd2 -:
TAHO 9.88 out 10.75] [06:47 am]
apple : nice mike [06:47 am]
skydiver : good job mike! [06:48 am]
mikewd2 -: is TAHO halted? [06:48 am] Ed :
yes [06:48 am] joeytsa : yes
halted [06:48 am] mikewd2 -: great, just
got in at 9.75 [06:49 am] mikewd2 -:
before halt [06:49 am] mikewd2 -: i hate
when that happens [06:49 am]
skydiver : hate being in a trade and
then halted . . [06:49 am] joeytsa :
does the tradestation market maker windows
list halts? [06:50 am] scalpman :
TAHO halted [06:50 am] skydiver :
hey joey – Lighspeed has a blue cap H – must
stand for halt. [06:50 am] eddy : s
TWI 23.80 [06:50 am] joeytsa :
yes sky [06:51 am] skydiver : thnx
joey [06:51 am] joeytsa : 1 reason i
will still keep lightspeed… [06:51 am]
skydiver : gotcha [06:51 am]
joeytsa : also shows if stock is
shortable and/or if is a circuit
breaker [06:52 am] skydiver : thnx
again [06:52 am] mikewd2 -: fall VRTX
fall [06:52 am] joeytsa : i didnt
sign up for the market maker window in TS, so
not sure if they list any of this
info [06:52 am] skydiver : moving
again [06:52 am] scalpman :
resumed [06:52 am] joeytsa : needs
to lose this level mike [06:52 am]
skydiver : Halted agtain [06:52 am]
joeytsa : i have it still
halted [06:52 am] skydiver :
TAHO [06:52 am] scalpman : halted
again [06:52 am] doji : WFT on
steriods… it must be Mike buying tons of
shares [06:53 am] mikewd2 -: yep,
wow [06:53 am] skydiver : halted due
to volitlity again – from the
flyonthewall [06:53 am] doji : Got
its at 12.04…. tons…. nice [06:53 am]
mikewd2 -: i have alot doji [06:54 am]
doji : WFT downgraded today and
ralllyiing… makes sense? [06:54 am]
joeytsa : so how will oil stocks do if
the global economy gets even
slower? [06:54 am] doji :
Down!!! [06:54 am] mikewd2 -: WFT just
downgraded???? per CNBC [06:54 am]
joeytsa : it had opened lower [06:57
am] doji : No idea why oil stocks are
moving up… [06:57 am] doji : but
you know, this is a crazy market [06:57
am] skydiver : thnx Mitch [06:57 am]
mikewd2 -: FST moving again today [06:57
am] scalpman : TAHO resume [06:57
am] skydiver : SPY at vwap [06:58
am] joeytsa : resumed and halted
again? [06:58 am] mikewd2 -: and again
halted [06:58 am] mikewd2 -:
dang [06:58 am] doji : Wathing WFT
for short [06:58 am] doji : All out
FWT, taking the short [06:58 am]
doji : WFT [06:59 am] eddy :
TAHO back [06:59 am] doji : If WFT
drops, will drop very hard… [06:59 am]
eddy : halted again? [06:59 am]
joeytsa : yep [07:00 am] eddy
: dangerous trade TAHO [07:00 am]
skydiver : agreed eddy on
TAHO [07:00 am] skydiver : 15
minutes for Supreme Court health care
decision [07:01 am] scalpman : I put
an alert .01 either side of “last”…to know
when it is moving again. [07:02 am]
joeytsa : does it have to hit the
.01? [07:02 am] doji :
10:00A<, no news form the Supreme
Court yet? [07:02 am] joeytsa : what
if it gaps over, still get a
signal? [07:02 am] scalpman :
Yes [07:02 am] joeytsa :
good [07:03 am] scalpman :
Resumed [07:03 am] doji :
UNH [07:03 am] scalpman : moving
u[ [07:03 am] scalpman :
up [07:03 am] doji :
flying [07:03 am] mikewd2 -: go TAHO
go [07:03 am] doji : ESRX [07:04
am] qwert : again at least its moving
up [07:04 am] mikewd2 -: and
halt [07:04 am] joeytsa : yeah doji,
WLP had a spike too [07:05 am] apple
: LNCR moving [07:05 am] mikewd2 -: AGQ L
35.42 [07:05 am] joeytsa : only 30%
support the individual mandate [07:06 am]
doji : LNCR [07:06 am] mikewd2 -:
hugh spread on WLP option calls [07:06 am]
scalpman : TAAHO 4th halt [07:06 am]
joeytsa : only a few cents on the stock
spread mike [07:07 am] skydiver :
health care decision is being issued by the
supreme court – statement from
flyonthewall [07:07 am] mikewd2 -: there
it goes [07:07 am] joeytsa : maybe
7cents..changes too quick [07:07 am]
mikewd2 -: WLP [07:07 am] joeytsa :
UNH duming [07:07 am] mikewd2 -: now the
other way, [07:07 am] joeytsa : im
staying out of this mess [07:08 am]
skydiver : Obama health care is being
upheld by the Supreme Court [07:08 am]
apple : ES dropping like a
…. [07:08 am] mikewd2 -: WLP down 6and
fallng [07:08 am] skydiver : info
from audio on flyonthewall [07:08 am]
mikewd2 -: gambled and lost on WLP
calls [07:08 am] scalpman : Taho
resume [07:09 am] khall : holy
cow [07:09 am] murano :
HMA [07:09 am] joeytsa : so much or
any job gains coming? [07:09 am] mikewd2
-: WLP halted? [07:10 am] joeytsa :
yes mike [07:12 am] joeytsa : seems
like nobody knows what the heck is going
on [07:12 am] mikewd2 -: i know [07:13
am] mikewd2 -: glad i went options on WLP
versus stock [07:13 am] joeytsa : GS
still trading in a range [07:13 am]
khall : AET, CNC, HCA [07:13 am]
khall : beneficiary if upheld [07:14
am] Ed : thx khall stocks worth
watching [07:14 am] joeytsa : UHS on
a nice move [07:14 am] mikewd2 -: AET, CNC
down – HCA up [07:15 am] joeytsa :
sure sounds like a tap dance
ruling [07:15 am] mikewd2 -: WLP going up
-what the heck???? [07:16 am] mikewd2 -:
not sure if i won or loss – haha [07:16
am] joeytsa : you did both
mike [07:16 am] Ed : confusion [07:16
am] joeytsa : they are making it sound
like the mandate is required, but you
wont be fined if you dont do it?? [07:16
am] eddy : im not wat or how to
trade [07:17 am] eddy : not
sure [07:17 am] Ed : whenever in doubt sit
out, will be so good ones coming once info is
digested [07:18 am] mikewd2 -: TAHO been
cash cow [07:18 am] joeytsa :
amen [07:18 am] khall : yeah, they
won’t put you in the slammer if you don’t pay
the “tax”, which means basically its
socialized medicine [07:18 am] khall
: IMO [07:18 am] eddy : Halted
taho [07:18 am] apple : great advice
E [07:18 am] skydiver : thnx
Ed [07:20 am] scalpman : TAHO halted
again [07:21 am] mikewd2 -: but its
heading up – got nice win but can’t get out –
haha [07:22 am] qwert : same here
mike [07:22 am] mikewd2 -: WFT, FST
hod [07:23 am] mikewd2 -: qwert, do you
have a sell in the queue? [07:23 am]
scalpman : TAHO on again [07:24 am]
go4it : CNN says mandate struck down
CNBC says mandate upheld go figure! [07:27
am] joeytsa : so again…is this a good
thing for creating jobs? [07:27 am]
mikewd2 -: fall VRTX fall [07:30 am]
joeytsa : ES pulled back, GS held
support [07:32 am] mikewd2 -: TAHO holding
up pretty well considering [07:33 am]
mikewd2 -: out TAHO 10.4 [07:33 am]
joeytsa : yeah mike, holding the 15ma
pretty well [07:33 am] go4it : CNN
just retracted 1st report and now says
upheld! [07:33 am] jsn13 : what was
ur entry mike? small position? [07:33 am]
joeytsa : mike: you used the matrix on
that [07:33 am] jsn13 : i mean on
TAHO…. [07:34 am] mikewd2 -: the last
time jason was 10, 1k shares [07:36 am]
mikewd2 -: VRTX still seems weak [07:36
am] jsn13 : ok thanks
mike….. [07:36 am] joeytsa : LULU
losing $59 [07:36 am] jsn13 : nice
one…. [07:36 am] mikewd2 -: watching FST
for long [07:37 am] joeytsa : SBUX
into a multi bottom [07:38 am] mikewd2 -:
UVXY providing nice trades, haven’ yet today
myself [07:43 am] mikewd2 -: big spike
inVRTX [07:43 am] skydiver : Have a
great day all – have a meeting I need to get
to 🙂 [07:43 am] joeytsa : be
good sky, break for me 2 [07:43 am]
Ed : c ya sky [07:43 am] skydiver :
🙂 [07:44 am] qwert : bye
sky [07:44 am] qwert : Mike still in
taho? [07:45 am] mikewd2 -: no i dumped at
10.4 [07:45 am] mikewd2 -: 3 decent longs
so far [07:45 am] qwert : still have
1/4 [07:45 am] mikewd2 -: stll watching
for re-entry [07:45 am] qwert :
nice [07:46 am] mikewd2 -: CMG down big
today [07:48 am] doji : Back
again…. [07:48 am] Ed : Mitch beat me to
typing [07:48 am] doji : closing WFT
short…. [07:50 am] qwert : taho
halted again [07:50 am] mikewd2 -:
yep [07:50 am] doji : wowo crude oil
low is 78.25 [07:50 am] scalpman :
taho halted yet again [07:50 am]
go4it : wow what a ride! [07:53 am]
doji : adding to my short position in
WFT [07:54 am] doji : It needs to
break 12 this time [07:54 am] doji :
It read crude oil should drop another 10%
from these leves….. [07:55 am] mikewd2
-: they always deny [07:55 am] Ed : great
point mike [07:55 am] mikewd2 -: very few
people think oil will much further
doji [07:56 am] mikewd2 -: drop [07:56
am] doji : TAHO at mid point between
hod and lod [07:57 am] mikewd2 -: back in
TAHO long [07:57 am] scalpman : TAHO
hits 12 [07:57 am] mikewd2 -:
halted [07:57 am] qwert : taho is
money [07:57 am] doji :
PCYC [07:58 am] scalpman : TAHO
halted for the 8th time [07:59 am] mikewd2
-: liking the trend up scalp [07:59 am]
doji : You need to be very fats and
have a nice connectivity to trade TAHO
between halts for sure [07:59 am] mikewd2
-: re-entered 11.48 [07:59 am] Ed : has to
be a record for halts [08:00 am] mikewd2
-: i’ve been in trade 4 times and
halted each time holding [08:00 am]
mikewd2 -: so far so good [08:00 am]
doji : Did you close the 4 times or are
just accumulating the stock Mike? [08:00
am] mikewd2 -: reminds me of ORLY
yesterday, except r hehlts. [08:01 am]
mikewd2 -: no closed with great profit each
time [08:01 am] doji : Nice…I wish
I could have a nice connectivity but
unfortuately I have to live with
that [08:01 am] doji : I trade
stocks like PCYC… slow but
predictable [08:02 am] scalpman :
taho resumed [08:02 am] mikewd2 -: back
on, looking for 13 [08:03 am] doji :
halted again [08:04 am] Ed : nice
spread [08:04 am] scalpman : Taho
for 9 halts [08:04 am] cowboyh : You
would think they would put in a bigger fuse
on Taho [08:05 am] doji : clsoing
1/2 PCYC here [08:05 am] doji : at
VWAP [08:05 am] jsn13 : doji what
price did u enter PCYC? i was waiting for
lower high and missed it…. [08:05 am]
jsn13 : sorry higher low i
mean…. [08:07 am] qwert :
monitoring LH [08:07 am] doji :
48.13 Jason [08:07 am] doji : at
10:55 [08:07 am] mikewd2 -: run forest
(FST) run [08:09 am] scalpman : TAHO
resume [08:09 am] mikewd2 -: TAHO on
again [08:09 am] jsn13 : doji,
signal is rejection of lower prices at 48
potential support with volume
spike? [08:09 am] mikewd2 -: and
halt [08:09 am] scalpman : ANd
halted [08:09 am] scalpman :
#10 [08:10 am] qwert : and halted
again wow [08:10 am]
doji : Jason, you got it
right [08:11 am] doji : ouch
TAHO [08:11 am] jsn13 : doji, that’s
ur only entry for PCYC? thanks…. [08:11
am] qwert : i have .60 cents between
prints on taho [08:12 am] mikewd2 -: got
greedy that time [08:12 am] doji :
PCYC at 50% retractment [08:13 am] mikewd2
-: almost took 12.75, thenmoved to 13and
13.2 [08:13 am] doji :
ARNA [08:14 am] doji : out another
1/4 PCYC [08:15 am] jsn13 : doji, is
that ur only entry for PCYC? and after u exit
half, where do u have ur stop? [08:16 am]
qwert : cost news an upgrade? [08:16
am] doji : I am trailing the last 1/4
Jason [08:17 am] jsn13 : i mean like
after u out half, where do u move ur stop
to? [08:18 am] doji : Above my b/e
point Jason [08:19 am] jsn13 : doji,
Not below the nearest support? [08:19 am]
jsn13 : for example it seems to hold S2
and 50 potential supports… [08:20 am]
mikewd2 -: not sure why it halted gain re:
TAHO [08:27 am] apple : SPY
moving [08:32 am] mikewd2 -: out FST
daytrade in 6.81 out 6.97 – love this
stock [08:32 am] mikewd2 -: CJES new
ho [08:32 am] mikewd2 -: hod [08:39 am]
mikewd2 -: my internet keeps hanging up, no
fun when in TAHO trades [08:40 am]
eddy : TAHO halted again? [08:44 am]
mikewd2 -: anyone long onTAHO? [08:44 am]
mikewd2 -: may enter again soon [08:45 am]
eddy : it might be consolidating
mike [08:45 am] eddy : im waiting to
enter long [08:48 am] mikewd2 -: back long
10.43 [08:49 am] qwert : nice entry
mike [08:52 am] aussie123 : mike
…you have the guts of a burglar [08:52
am] aussie123 : oh .. nice
going [08:53 am] mikewd2 -: ty – i think
haha [08:53 am] qwert :
hahaha [08:53 am] mikewd2 -: doj, you get
that long on oils [08:54 am] mikewd2 -:
nice moves today both ways [08:56 am]
mikewd2 -: taho back over 11 [09:00 am]
mikewd2 -: out taho 11.2, [09:01 am]
jsn13 : long LULU at 56.54.. [09:01
am] mikewd2 -: nice jsn, [09:03 am]
jsn13 : 1st target 57.22 slightly below
S2….tight stop at 56.38… [09:03 am]
mikewd2 -: very ice [09:03 am] mikewd2 -:
nice [09:03 am] apple : very good
jsn [09:04 am] jsn13 : haha we will
see how…. [09:04 am] scalpman :
Good one Jsn [09:07 am] jsn13 : LULU
is acting weak but i think i will keep my
stop at the same place….16 cents
risk…. [09:07 am] mikewd2 -: notice the
smal dip back like we talked about
yesterday [09:08 am] jsn13 :
yup….bounced once it touched my
point….need to break 57 though… [09:08
am] apple : wow GMRN [09:08 am]
apple : bmrn [09:10 am] jsn13
: LULU having dificulty at 57, moved my stop
up to 56.56 slightly above BE… [09:10
am] jsn13 : Mike what do u
think? [09:11 am] mikewd2 -: not a bad
idea, stoch flatting a bit [09:12 am]
qwert : cost consolidation below
hod [09:12 am] scalpman : ED on
gappers down this morning FDO, VRTX STX,
DLTR, they seem to stay on onside of the
OPEN…any thoughts? [09:12 am]
scalpman : on one side… [09:13 am]
scalpman : FDO buy signal at
65.54 [09:13 am] apple : nice moves
on COST [09:13 am] scalpman : .25
from open…(if you have time) [09:14 am]
khall : Obama going to speak [09:14
am] jsn13 : I out half 1 min
earlier…at 56.88 and it spiked…still have
half in…. [09:14 am] mikewd2 -: there it
goes jason [09:14 am] Ed : yes like FDO
for example, like to see it come to open
price as close as possible and I use tight
stop below, if too far away, I wait for
pullback or some consolidaiton [09:15 am]
Ed : but FDO was great example it came
back [09:15 am] scalpman : STX cross
above open…That would have been good
too. [09:15 am] Ed : Yes another good
one [09:16 am] apple : you have to
be patient and then grab it when it comes
down to you [09:16 am] scalpman :
Ok…I’m getting it…I didn’t play but
watched. [09:17 am] scalpman : Joey
could you email me or put link here for that
site that has the gappers
pre-market [09:17 am] Ed : like u
mentioned play it in sim, and should be able
to pick on failry quickly, ur either right or
out small [09:17 am] scalpman :
open [09:17 am] jsn13 : out another
1/4 at 57.16…moving stop up on last 1/4 to
56.84… [09:17 am] mikewd2 -:
why [09:17 am] scalpman : Good
Jsn13 [09:17 am] qwert : scalp i use
nasdaq site [09:17 am] qwert : for
premkt gaps [09:17 am] mikewd2 -: fixing
to cross 50ma jason [09:18 am]
scalpman : do you have the link…if
so, that helps, or I will check it out.
That is for just NASDAQ stocks though
right? [09:18 am] apple :
nasdaq.com [09:19 am] qwert : yeah
just for nasdaq, i will post the link just a
min [09:19 am] khall :
http://www.nasdaq.com/extended-trading/premar
ket-mostactive.aspx [09:19 am] mikewd2 -:
jason i would keep my stop tracking the
20sma [09:19 am] qwert : thx
khall [09:19 am] mikewd2 -: ride it
up [09:19 am] khall : there are tabs
for advancers and decliners [09:20 am]
jsn13 : thanks mike, will see how it
acts here….at 57.50
resistance…. [09:20 am] jsn13 :
moved stop to 57.19… [09:21 am] mikewd2
-: still looks good on heiken ashi
chart [09:22 am] scalpman : Thanks
khall [09:22 am] jsn13 : juz closed
last 1/4 at 57.28…thought it met with
resistance…. [09:22 am] mikewd2 -: what
happened to sticking with that last
stop haha [09:23 am] khall :
welcome [09:23 am] jsn13 : haha cos
maybe i out half too early for the 1st
half… [09:23 am] jsn13 : should
have stick to my BE stop… [09:24 am]
mikewd2 -: not sure why you dumped the first
1/4 – we will talk [09:25 am] jsn13
: ok sure….i saw it met with 57
resistance….wrong pace…. [09:26 am]
khall : yes jsn, but did you look at
what it’s done so far today and the natural
s/r levels? [09:26 am] mikewd2 -: watching
taho again on this fall back [09:26 am]
mikewd2 -: halted [09:26 am] jsn13 :
what do u mean khall? [09:27 am]
khall : look at a larger timeframe, the
price action so far from the open [09:27
am] qwert : halted again this has
been a crazy day for me [09:27 am]
khall : it tried to hold the 58.20 ish
level for a while, so now going up that will
be resistance [09:27 am] mikewd2 -: right
khall, it still looks good on 3 min [09:28
am] jsn13 : khall, did u take it long?
how do u handle it? [09:28 am] khall
: I was short from earlier, then took it long
at 56.72 [09:29 am] mikewd2 -: i’ve had 6
longs on tahoe, all nice winners [09:29
am] khall : took off 1/3 at 1%, moved
stop up to 57.20 – tgt is 58 ish [09:29
am] jsn13 : where is ur entry for
short? 57.40 area? [09:29 am] khall
: no no – long [09:29 am] jsn13 :
khall, as in u said u had a short ealier
right? [09:29 am] khall : I was
short at 60.50 area [09:29 am] khall
: right [09:30 am] jsn13 : u hold it
all the way down? [09:30 am] mikewd2 -:
jason, stil staying above the 20sma [09:31
am] khall : nope, I got out at 58
because it looked like it was trying to head
back up then [09:31 am] khall : but
I waited to get in [09:31 am] jsn13
: right mike….i was too
impatient…. [09:32 am] jsn13 :
nice khall….may i know the time of ur entry
for the short on LULU? [09:32 am] mikewd2
-: you ended up getting the last1/4 about
same point but could have ended up bigger
gain. [09:33 am] jsn13 : true
mike…. [09:33 am] khall : 9:28
jsn [09:34 am] jsn13 : est or pst or
central time? [09:34 am] khall :
central time [09:35 am] jsn13 :
right b4 it broke to new lod right? [09:36
am] khall : right [09:36 am]
jsn13 : what is ur signal? [09:37
am] khall : I was looking for a
breakout one way or the other from the first
30 minutes trading range [09:38 am]
khall : was really looking for a short
– it you look on the daily it’s on a
downtrend [09:39 am] jsn13 : yup i
saw that but there is a potneital support at
60 level right? but i saw ur rationale
there… [09:40 am] jsn13 : market
was on ur side so short makes more
sense… [09:40 am] khall : right –
it was a calculated risk there [09:41 am]
khall : S1 was 60.84 and S2 was 59.83 –
so I just really watched it [09:42 am]
jsn13 : nice trade….now LULU is
resting on S3…. [09:42 am] khall :
right [09:42 am] eddy :
NMSY [09:42 am] eddy :
HMSY [09:47 am] mikewd2 -: taho nearing
13 [09:47 am] mikewd2 -: and back to 12 –
haha [09:49 am] qwert : and
halted [09:49 am] khall :
again… [09:51 am] qwert :
hahaha [09:51 am] jsn13 : khall u
still LULU? [09:52 am] qwert :
missed ua fill by 2cents [09:53 am]
khall : yes jsn [09:53 am]
khall : are you? [09:54 am]
jsn13 : haha exited ages ago….where
was ur stop? [09:54 am] khall :
57.19 – right under S3 [09:55 am]
jsn13 : so the spike down at 11.43 did
not stop u out? [09:55 am] khall :
no – I thought it would but I held [09:57
am] khall : watching to see if it will
break thru 58 [09:57 am] jsn13 :
nice nice…good one…. [09:58 am]
apple : great job khall [09:58 am]
khall : thanks [10:13 am] mikewd2 -:
VRTX continues to give it up [10:30 am]
eddy : Mike still trading
TAHO? [10:30 am] eddy : it is
setting up now [10:31 am] mikewd2 -: no,
watching it as it approaches 50sma bounced
off last 2 times [10:36 am] apple :
ROST looks like a death march [10:38 am]
khall : a 2 day march at that [10:39
am] mikewd2 -: eddy did you get taho,
internet died right as it hit the 50sma so
didn’t enter trade. [10:39 am] eddy
: i did earlier [10:40 am] eddy :
now watching [10:40 am] eddy : i got
in at 12.90 out at 13 [10:40 am]
eddy : maybe now?again? [10:41 am]
eddy : ill wait until it crosses the 5
day moving average [10:41 am] eddy :
if it does [10:41 am] eddy : now
going in [10:42 am] eddy : nt geting
a fill at 13 [10:43 am] eddy : no
fill [10:43 am] eddy : i
pass [10:43 am] eddy : u took it
mike? [10:44 am] rusty :
gm [10:45 am] apple : rusty you’re
alive!!!! we have missed you.
where the heck have you been? [10:45 am]
rusty : watching OREX for short
swing [10:45 am] mikewd2 -:
rusty [10:45 am] mikewd2 -: where have you
been [10:45 am] Ed : RUSTY RUSTY
RSUTY [10:45 am] rusty : stfu and
lets trade [10:45 am] khall : hey
RUSTY!!! [10:45 am] apple : good old
rusty… [10:45 am] rusty :
🙂 [10:46 am] apple : what happened
to you? [10:46 am] Ed : we posted you on
milk cartons [10:46 am] qwert :
hahahaha [10:46 am] Ed : Mitch cried for
months [10:46 am] apple : seriously,
rusty, we were worried about you. MK is
right [10:46 am] sakii : Thought you
were lost at sea [10:46 am] apple :
right, sakii [10:46 am] apple : or
eaten by sharks [10:47 am] apple :
MK, you are a hooot! [10:47 am]
rusty : Was learning molecular
gastronomy at Naval Warfare Center [10:47
am] Ed : a rescue party was sent out
also [10:48 am] rusty : ty for your
emails and concern [10:48 am] apple
: lol MK [10:48 am] rusty : now stuf
lets trade [10:48 am] apple : we
love you rusty!!! you know
that… [10:48 am] rusty : and btw
Mitch….who’s Bar Mitvah did you get those
flowers you sent to my family? [10:49 am]
mikewd2 -: that’s taking it abit far
apple [10:49 am] apple : lol, only
kidding! [10:49 am] Ed : strong like i key
word [10:50 am] apple : well it’s
great to have you back, anyway [10:50 am]
qwert : watching VRTX [10:50 am]
rusty : my thinking on OREX….up
on ARNA ofc…but it’s long way
off… [10:51 am] apple : ARNA also
hit the skids today [10:51 am] rusty
: in addition….it’ a combo
drug…. [10:51 am] mikewd2 -: hope you
dumped your HUSA rusty [10:51 am] mikewd2
-: before u dissappeared [10:51 am]
rusty : OREX is two drugs glued
together basically…. [10:52 am]
rusty : Wellbutrin +
Naltrexone [10:52 am] apple : just
checked mike it’s trading at 1.05! [10:52
am] rusty : both currently
available [10:52 am] rusty : as
generic [10:52 am] mikewd2 -:
wow [10:53 am] apple : thx for the
heads-up rusty, bought OREX yesterday
afternoon, made 1.5 pts [10:53 am]
rusty : yup Mike…dumped it.. at a
loss [10:53 am] rusty : was a spec
play of course, no real value there
anymore [10:54 am] mikewd2 -: me
too [10:54 am] apple : btw, RIMM is
at 8.92! [10:54 am] rusty :
sorry [11:01 am] rusty : For those
of you who like pretty dependable scalps Im
shorting TLT into spikes [11:02 am] Ed :
been gradually shorting that too on highs for
swing [11:02 am] apple : thx rusty,
appreciate it [11:11 am] joeytsa :
Good to see you again Rusty..welcome
back [11:15 am] rusty : ty [11:15
am] rusty : glad to be back [11:16
am] rusty : (not really) [11:16 am]
apple : lol, too funny [11:16 am]
apple : got a joke for us [11:16 am]
joeytsa : i know you were busy being on
the supreme court..but now that that stuff if
behind you , you can trade 🙂 [11:16 am]
rusty : lol [11:16 am] mikewd2 -: so
rusty were you in the joint? [11:17 am]
rusty : Scalia and Gnsberg covered
their shorts today [11:17 am] mikewd2 -:
watching FST [11:17 am] apple : mike
very funny… you would think with no
internet access… [11:18 am] rusty
: we dont have a joint [11:18 am]
rusty : we got a bri [11:18 am]
rusty : g [11:18 am] mikewd2 -:
right, he was a bad boy [11:18 am]
rusty : brig [11:18 am] apple
: haha [11:19 am] mikewd2 -: getting a
consolidation in TAHO [11:20 am]
rusty : anyone playing for a bottom in
oil/energy? [11:22 am] rusty :
http://stockcharts.com/h-sc/ui?s=$BPENER&
amp;p=W&yr=2&mn=0&dy=
0&id=p00409632573 [11:22 am]
rusty : worth keeing eye on [11:24
am] apple : thx [11:26 am]
apple : ROST still sinking [11:26
am] mikewd2 -: VIX back to 21 [11:26 am]
Ed : stinking or sinking [11:26 am]
apple : both [11:27 am] Ed :
true [11:27 am] rusty : ROST TJX
DLTR FDO DG WFM [11:27 am] rusty :
big player took those trades off
yesterday [11:28 am] joeytsa : ROST
stores always feel dumpy to me [11:28 am]
apple : wow [11:28 am] mikewd2 -: me
too joey [11:28 am] rusty : I wouldn
have thought you shopped there [11:28 am]
rusty : 🙂 [11:28 am] joeytsa
: 🙂 [11:28 am] apple : don’t have
em here [11:29 am] joeytsa : my aunt
loves it there, went with her one
time, felt like i needed a shower when
i got home [11:29 am] rusty : you
feel that way when you go out to eat with her
too? [11:29 am] Ed : lol [11:30 am]
joeytsa : depends where we go [11:30
am] apple : looks like everything is
dumping today, ULTA as well [11:31 am]
joeytsa : because the ecomony is
hurting [11:31 am] khall : good
thing we all know how to short the market
😉 [11:31 am] joeytsa : mentioned
yesterday, but for every 1 company
raising expectations, 3.6 are
lowering [11:33 am] apple : thx
joey [11:34 am] rusty : X near
hod [11:35 am] joeytsa :
CMG,PCLN,MA…higher priced stocks with daily
charts that look a bit shaky [11:36 am]
rusty : AZO also [11:36 am]
rusty : GS added AZO to strong buy
conviction list at 30 [11:36 am]
rusty : 390 [11:37 am] rusty :
GS added AZO tos strong buy conviction list
at 390 with 420 target [11:37 am]
joeytsa : i think GS needs to add GS to
that list hahah [11:37 am]
rusty : havent said a peep
since [11:37 am] rusty :
lol [11:37 am] doji : back
fellas [11:37 am] joeytsa : you were
gone? [11:37 am] joeytsa :
hahaha [11:37 am] doji :
rusty? [11:37 am] apple : look who
came back from MIA, doji [11:37 am]
rusty : o jeez doji still
here? [11:38 am] apple :
aha [11:38 am] rusty : u guys told
me he was gone [11:38 am] doji :
hahaha, still here Rusty…. [11:38 am]
doji : I heard the same about
you… [11:38 am] rusty : welcome
back doji [11:38 am] doji : You
welcome back Rusty! [11:38 am]
joeytsa : its like Return of the Living
Ded in here today [11:39 am] doji :
hahahah… by the way, where is
Gary? [11:39 am] rusty : NEPT
radar [11:39 am] rusty : new
highs [11:39 am] apple : haha he’s
MIA with shark [11:40 am] doji :
Shark is in PEru [11:40 am] rusty :
anyone se stevemld? [11:40 am] doji
: Rusty, NEPT to break 4.84 for
long? [11:40 am] apple : no, not for
a while [11:40 am] rusty : or
ppan? [11:40 am] doji : or
Gecko? [11:41 am] doji : wasn’t ppan
the guy with 320 trades a day and with
$1,000,000 on daily profits? [11:41 am]
apple : been gone before you left
rusty…. [11:41 am] rusty : not
sure I’d chse it…might be worth watching
tomorrow [11:41 am] Ed : that was
him [11:41 am] mikewd2 -: STZ [11:42
am] rusty : 1M on a bad day [11:42
am] apple : yes it was [11:42 am] Ed
: he said he never had a bad day [11:42
am] qwert : hahaha [11:43 am]
apple : i think he croaked, he was
trading all day and night… [11:43 am] Ed
: right and he never slept either [11:43
am] qwert : lol [11:44 am]
joeytsa : yeah he traded like 18-20 hrs
a day [11:44 am] joeytsa : had a
crazy set up [11:44 am] doji : How
do you know jis setup Joey? [11:44 am]
qwert : Ed what are your thoughts on
vrtx short if loses 51 [11:44 am]
apple : joey is psychic [11:45 am]
doji : Nostradamus [11:45 am]
qwert : hahaha [11:46 am]
rusty : HIG radar [11:46 am] Ed : I
would like to see how it reacts around the 50
price level [11:46 am] joeytsa :
doji: he sent me a pic of his setup [11:47
am] rusty : he got arrested for that
before [11:47 am] rusty : Im
hearing [11:47 am] Ed : lol [11:47 am]
doji : What he has? 20 computers? 80
monitors? all trading platfforms? [11:47
am] qwert : thats where i was looking
originally just thought maybe something,
quite a bit of consolidation here [11:47
am] joeytsa : i take stories with a
grain of salt…but his was crazy, thats all
i will say [11:48 am] joeytsa : cant
rememr doji, but a lot of
monitors [11:48 am] Ed : Yea I see that
too still soo weak but like that 50
level [11:48 am] apple : i bet he
looked rather crazy as well [11:48 am]
joeytsa : whats normal looking
haha [11:49 am] rusty : lo [11:49
am] Ed : it gave it to you qwert [11:49
am] qwert : yeah was to busy typing and
missed [11:49 am] joeytsa : VRTX
just a dog [11:49 am] doji : You
don’t know Shark with a couple of drinks for
sure…. hahahah [11:49 am] Ed : i
watched [11:49 am] khall : but I
like this dog today [11:50 am] rusty
: ppan
http://profit.ly/user/Dollarshadow/trades?pag
e=1&size=25 [11:50 am] mikewd2 -:
SKS [11:50 am] joeytsa : thats him
rusty [11:51 am] rusty : wish
i could trade like that [11:51 am]
joeytsa : actually seemed pretty
cool [11:52 am] Ed : nice one
mike [11:53 am] qwert : here comes
50 on vrtx [11:53 am] mikewd2 -:
MRM [11:53 am] mikewd2 -: MFRM
sory [11:54 am] rusty : SCHN moving
up [11:54 am] rusty : Steels
standing out [11:56 am] joeytsa :
shark sends his greetings [11:58 am]
apple : thx joey [12:01 pm]
doji : TIF [12:01 pm] doji :
ARNA [12:02 pm] doji : If VRTX loses
50, it could drop very hard [12:04 pm]
doji : MNST broke VWAP [12:04 pm]
rusty : come to pappa OREX [12:05
pm] rusty : would prefer it stay strong
to build a short position but not
complaining [12:08 pm] rusty : SKS
rada [12:08 pm] doji : aggg.. hope
time is enough for more drop in
VRTX [12:09 pm] doji : Nice MNST,
held VWAP [12:09 pm] Ed : ye doji, qwert
and i were speakn of that 50 level, stock has
been weak [12:10 pm] doji : I am
short at 49.82 [12:14 pm] victor51 :
Bye everyone. Travelling and will be back on
July 15th. Keep making money and
good luck . Bye Ed,Mitch [12:14 pm] Ed :
nice doji-man [12:14 pm] Ed : c ya victor
sage travels [12:15 pm] khall : bye
victor – safe travels [12:15 pm]
qwert : cya victor [12:15 pm]
apple : bye victor have fun [12:15
pm] doji : al out VRTX…. [12:15
pm] rusty : OREX pop [12:17 pm]
mikewd2 -: SKS nice short [12:21 pm]
rusty : covered NEPT scalp [12:26
pm] rusty : Merkel Cancels Press
Conference [12:26 pm] rusty : for
anyone with travel reservations [12:26 pm]
victor51 : Nice to hear back Rusty.
Welcome back [12:27 pm] rusty : tx
victor…have a good trip [12:27 pm]
rusty : we’re like passing
ships [12:29 pm] rusty : go OREX
go [12:31 pm] joeytsa : tradestation
users: on VRTX, there is a C in an orang
box, what does that mean? [12:32 pm]
qwert : perhaps same thing as CB on
lightspeed [12:32 pm] rusty : is
that uptick rule? [12:32 pm] rusty :
am guessing might be uptick rule [12:33
pm] joeytsa : could be, its on the
chart..but dont have a mm window [12:33
pm] rusty : see if TAHO has
same [12:34 pm] joeytsa :
nope [12:35 pm] joeytsa : now its
gone n VRTX [12:35 pm] joeytsa : oh
well [12:35 pm] rusty :
lol [12:35 pm] rusty : C = CALL
Pitboss [12:35 pm] joeytsa :
yep [12:37 pm] rusty : Rumor of EFSF
primary market bond buying chatter sparks a
rally [12:38 pm] doji : HAL upgraded
to outperform with crude oil at 8 months
low [12:39 pm] doji : Wow rally in
the SPY [12:40 pm] doji : Good night
fellas [12:40 pm] Ed : good night
doji [12:40 pm] qwert : cya
doji [12:41 pm] rusty : take care
doji [12:42 pm] khall : see you
tomorrow doji [12:50 pm] joeytsa :
Thanks Mitch, Ed, everyone..hope you all have
a great day, see you tomorrow [12:50 pm]
Ed : c ya joey [12:51 pm] rusty :
take care joey [12:51 pm] khall :
bye joey [12:51 pm] apple : have fun
joey [12:52 pm] joeytsa : trying to
learn a few TS things, and setting up a
youtube channel [12:53 pm] apple :
thx MK, E and everyone. all have a
great evening. [12:53 pm] Ed : c ya
apple [12:53 pm] rusty : gn
aapl [12:54 pm] mikewd2 -: CJES nice
afternoon [12:54 pm] apple :
😉 [12:54 pm] khall : I’m out as
well – see you all bright and early
tomorrow! [12:54 pm] rusty : gn
khall [12:54 pm] khall : gn rusty,
glad to have you back [12:54 pm] Ed : c ya
khall [12:55 pm] rusty : Keep eye on
OREX tomorrow into any early am gap or
surges [12:56 pm] mikewd2 -: watching TAHO
again [12:56 pm] mikewd2 -: too
late [12:57 pm] qwert : bye everyone
cya in the am [12:58 pm] rusty : cya
qwert [01:01 pm] rusty : gn to all
the good traders
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