(05:29 am) JoeyTSA :early gap down:
TWTR,P,DDD,AAPL
(05:30 am) JoeyTSA :early
gap up: GMCR,SODA,AKAM,YELP,PRGO
(06:11
am) Mitch’s Assist. :likely a big bounce 100
ticks
(06:11 am) Mitch’s Assist. :looking
for bounce in NG 3-14
(06:15 am) Mitch’s
Assist. :February 6, 2014, Thursday Pre
Market UP: SODA, GMCR, EVHC, OMC, AKAM,
YELP, Pre Market DOWN: TWTR,
(06:21 am)
Mitch King:More premarket UP: GLUU,
MWW, ALU, KKR More premarket
DOWN: S, SNE, ATML, P
(06:24
am) Mitch King:probably a little more upside
on NG 3-14, as high as 5.200,
(06:29 am)
JoeyTSA :DIS gtting some action
(06:31 am)
Mitch’s Assist. :watching ORMP
(06:32 am)
JoeyTSA :eye on YELP
(06:32 am) Mitch’s
Assist. :watching FMC
(06:34 am) Mitch
King:watching ESC for top to short
(06:36
am) JoeyTSA :eye on AAP $123 level
(06:37
am) Mitch King:watching BKD for top to
short
(06:38 am) Mitch King:monitoring
FEIC, probably more upside
(06:38 am)
Mitch King:watching SEE for short
here
(06:38 am) Mitch King:watching CFX
for top
(06:40 am) Mitch King:monitoring
AOL
(06:41 am) Qwert :watching
MU
(06:41 am) Mitch King:watching CLF for
top to short
(06:41 am) Mitch King:DO
bouncing
(06:42 am) Mitch King:watching
ALR for bottom to buy
(06:43 am) Mitch
King:MTH toppy
(06:43 am) JoeyTSA :eye on
GMCR, giving great short right now
(06:44
am) Mitch King:watching LIN, slow
mover
(06:45 am) Mitch King:watching
CSL
(06:45 am) Mitch King:VMC strong,
watching
(06:46 am) JoeyTSA :tighten GMCR
if short
(06:47 am) Mitch King:watching
CALD for bounce here, started
(06:48 am)
Mitch King:watching RLD for top,
(06:49
am) Mitch King:watching BKE for top
(06:49
am) Mitch King:watching CRR for top to short,
more upside
(06:50 am) Mitch King:watching
IRBT for top to short
(06:51 am) Mitch
King:watchign CFX for 2nd helping
short
(06:52 am) Mitch King:GMCR
bounce
(06:52 am) Mitch King:consider
selling ALR
(06:52 am) Mitch King:probably
another $3-4 upside potential on
GMCR
(06:54 am) Mitch King:monitoring
CALD, not moving much
(06:55 am) Mitch
King:SCSS more upside
(06:55 am) Mitch
King:monitoring MTRX, more upside
first
(06:55 am) Mitch’s Assist. :watching
VSI
(06:56 am) Mitch King:are these too
many stocks for you guys? good
ideas
(06:56 am) JoeyTSA :tighten
YELP,AAP
(06:56 am) Mitch King:SFUN
trending up, more upside
(07:00 am) Mitch
King:interesting how SNE, Sony rebounded
after such a negative earnigns report, lost
$1 billion
(07:06 am) Mitch King:IRBT
trending up, monitoring, little late for me
to go long
(07:06 am) Mitch King:watching
the SVXY, UVXY, VIXY volatility etfs
now
(07:07 am) Qwert :watching
WLT
(07:07 am) Mitch King:USG, US Gypsum
trending up, building materials, makes
drywall
(07:08 am) Mitch King:when you see
USG up, the residential builders will usually
be up as well: DHI, TOL, PHM, KBH,
BZH
(07:09 am) Mitch King:microshort with
CBS
(07:09 am) Mitch King:CBS
toppy
(07:10 am) JoeyTSA :eye on
YELP $90 level
(07:11 am) Mitch
King:monitoring TDC, more downside
though
(07:11 am) Mitch King:MDSO bounce
here, worth trading long
(07:11 am) Mitch
King:watching NVDQ, monitoring
actually
(07:12 am) Mitch King:monitoring
TVIX, stepladdering down, eventually will hit
a price level that a good bounce springs
off
(07:13 am) Mitch King:watchign TMUS
for top to short, not ready yet, maybe 30.80
area, be flexible
(07:13 am) Mitch
King:SNA trades in both directions
(07:14
am) Mitch King:NXPI trending up, good
long
(07:14 am) Mitch King:MDSO getting
interesting
(07:16 am) Mitch King:watching
NG 3-14 for bottom
(07:17 am) Mitch
King:consider selling NG 3-14
(07:18 am)
Mitch King:natural gas inventories in 11
minutes, pretty sure
(07:19 am) Murano
:watching TDC
(07:20 am) Mitch
King:watching PTEN for short here
(07:23
am) Mitch King:looking for another
microbounce in /NG
(07:25 am) Mitch
King:thats all i was looking for in /NG, gave
more than
(07:26 am) Mitch King:i probably
shouldn’t post micro trades in /NG, sort of
hard to react that fast, you agree?
(07:30
am) Mitch King:natgas report out, heading
down
(07:42 am) Mitch King:CLNE
toppy
(07:44 am) Mitch King:lot of stocks
trending up, rebounding from selloff from
last 10 days
(07:49 am) Mitch King:IRBT
still trending up
(07:57 am) JoeyTSA :eye
on NILE, slow steady down so far
(07:59
am) Mitch King:MONT has big spread, us limit
orders
(07:59 am) Mitch King:watching
MONT
(08:08 am) Mitch King:starting to
monitor PRGO
(08:09 am) Mitch King:MDSO
moving up
(08:11 am) Mitch King:most
everything trending up
(08:23 am) JoeyTSA
:keeping YELP on radar
(08:29 am) Murano
:watching CELG
(08:32 am) Mitch’s Assist.
:watching NG 3-14 for bottom to buy
(07:23
am) Mitch King:only 12-15 ticks
(08:39 am)
JoeyTSA :HLSS
(08:43 am) Mitch
King:watching MONT for bottom again to
buy
(08:50 am) JoeyTSA :tighten HLSS if
long
(08:55 am) Mitch King:OCN more
downside, missed bounce
(10:34 am) JoeyTSA
:eye on AKAM
(11:15 am) Mitch King:also
monitoring IRBT
(11:15 am) Mitch
King:monitoring OPEN
(01:03 pm) Mitch
King:later guys
| (05:14 am) rd :morning to all
(05:24
am) JoeyTSA :good morning Qwert,
everyone
(05:36 am) Qwert :good morning
Joey, and to everyone
(05:37 am) Qwert
:anyone using esignal having
issues?
(05:40 am) klas :Good
morning all
(05:41 am) klas :No
Qwert but having email issues
(05:43 am)
Qwert :thx mike
(05:46 am) freitag8
:Good Mornin Traders!
(05:51 am)
skydiver :gm all
(05:51 am)
skydiver :hi qwert – yes — I can’t
connect with esignal this morning at the
moment
(05:53 am) JoeyTSA :must be an
issue on their end
(05:53 am)
freitag8 :I have /NG on my watch list
for today. I have PP just about here and
looking for /NG to test 5.20
support
(05:53 am) Murano :good
morning
(05:54 am) skydiver :yes – I
use esignal for my data feed for Ninjatrader
so am messed up on trading futures — gm
Murano
(05:54 am) skydiver :guess
I’ll be using Lightspeed chart system today
🙂
(05:55 am) JoeyTSA :wide range will be
1743-1753 to start, then widen by the next
0,3,7 if that range gets broken
(05:55 am)
JoeyTSA :lightspeed charts arent as nice as
esig,tradestation..but they do the
job
(05:55 am) skydiver :yes . . .
but better than nothing I guess
(05:56 am)
JoeyTSA :be nice if they offered chart
trading though
(05:56 am) skydiver
:right
(05:56 am) JoeyTSA :or if they do i
cant find it
(05:56 am) skydiver :I
don’t think they do
(05:57 am) JoeyTSA :me
either
(05:57 am) JoeyTSA :watching /CL
here
(05:57 am) JoeyTSA :GMCR great bounce
on news
(05:58 am) JoeyTSA :coke bought
10% stake
(05:59 am) skydiver :thnx
joey
(06:00 am) Qwert :Finally got thru to
tech support and got a recording saying they
know they are having issues and are working
on the problem said to try to
restart
(06:01 am) JoeyTSA :nice bounceto
98.50 on /CL, was earlier res
(06:01 am)
JoeyTSA :blew thru that so far
(06:03 am)
JoeyTSA :def watching to see if TWTR tests
$50 or not
(06:08 am) skydiver :thnx
qwert for info on esignal — I have rebooted
my computer, etc. but still issues on
esignal
(06:09 am) freitag8 :I got
TDC, DIS and LB up in pre-market
(06:09
am) Qwert :yeah same here not working yet
built a couple lightspeed charts but going to
be super selective
(06:10 am)
skydiver :yes — me too qwert — feel
like I’m missing two legs and an arm
🙂
(06:11 am) skydiver :Wonder if
the cold weather affected esignal
headquarters? Not sure where they’re
located however
(06:11 am) Qwert :yes for
sure 🙂
(06:11 am) freitag8 :I took
my eye off /NG for one second
and…
(06:13 am) skydiver :rumor –
possible deal with Pepsi investing into soda
stream
(06:14 am) skydiver :SODA and
PEP rumor
(06:15 am) JoeyTSA :thx
Mitch
(06:17 am) skydiver :yes –
thanks Mitch — just remembered I still have
my old Scottrade account with charts – using
them now –
(06:20 am) freitag8 :just
hit the 38% retrace on the last leg down on
/NG
(06:32 am) freitag8 :DIS very
active
(06:32 am) JoeyTSA :keeping AKAM on
radar
(06:35 am) JoeyTSA :great pop on
indices so far
(06:35 am) skydiver
:SODA dropped nicely
(06:35 am) JoeyTSA
:perfect run from 1753 to 1757
(06:38 am)
JoeyTSA :BIDU strong so far
(06:40 am)
freitag8 :eye on DDD
(06:41 am)
skydiver :watching SFUN
(06:43 am)
freitag8 :totally missed the DDD
move…
(06:48 am) skydiver :nice
one on GMCR
(06:50 am) regatta
:watching AFFX
(06:52 am) regatta
:watching CLF
(06:52 am) skydiver
:ipo – LADR – opens soon
(06:53 am)
freitag8 :YELP in nice move
(06:54
am) JoeyTSA :yeah freitag, YELP a great one
so far too
(06:55 am) skydiver :thnx
Mitch for GMCR long idea – worked
great!
(06:55 am) skydiver :3/4 out
of GMCR long
(06:56 am) skydiver
:all out of GMCR
(06:56 am) skydiver
:just right Mitch
(06:57 am) regatta
:watching SFLY
(06:57 am) JoeyTSA :AAP has
room to run
(06:59 am) JoeyTSA :great
moves today
(06:59 am) skydiver
:well – with no esignal charts or futures
been okay day so far 🙂
(07:00 am) JoeyTSA
:good job sky
(07:00 am) skydiver
:thnx
(07:02 am) skydiver :sorry –
ipo – LADR opened a bit ago
(07:02 am)
skydiver :other ideas much better than
ipo’s right now I think 🙂
(07:03 am)
Mitch King:qwert, o you use
esignal?
(07:03 am) JoeyTSA
:agreed
(07:04 am) Qwert :yes
mitch
(07:04 am) Mitch King:do you need a
datafeed right now?
(07:06 am) JoeyTSA
:/ES testing 1760
(07:08 am) JoeyTSA :thx
Mitch
(07:10 am) JoeyTSA :YELP a beauty
today
(07:14 am) JoeyTSA :early
break, great calls, back in
20
(07:15 am) skydiver :enjoy
joey
(07:15 am) freitag8 :DDD
trending up from $3 down… near HOD
now
(07:20 am) Murano :TDC should find
bottom around 41.80 to 42
(07:24 am)
freitag8 :DDD had a beautiful move…
tightening here
(07:26 am) freitag8
:It is hard to react when /NG moves that
fast.. 15 ticks is like 1 second
sometime
(07:37 am) JoeyTSA :/NG just way
too fast for me
(07:42 am) Murano :out 3/4
TDC
(07:42 am) Mitch King:yeah i agree
joey, its easier to make money in futures
when it is more controlled
(07:43 am)
Murano :stop at 41.95 on last 1/4
(07:43
am) Mitch King:when fewer forces influencing
prices
(07:43 am) JoeyTSA :easier on the
heart and nerves
(07:43 am) JoeyTSA :big
day on/ES
(07:44 am) Mitch King:we should
get a bunch of these type of uptrending days
on /ES this next week or so
(07:44 am)
JoeyTSA :thats causing big drop on
UVXY
(07:50 am) Murano :TMUS wouldn’t fall
for me yesterday and that is all it has done
today.
(07:51 am) Murano :AOL trying to
bottom??
(07:51 am) freitag8 :NG
could get a nice bounce up to 5.100
(07:51
am) Mitch’s Assist. :yeah murano, AOL looks
like it
(07:56 am) JoeyTSA :Mitch: what
time is the webinar on saturday?
(07:57
am) Mitch King:8am pacific time, 4 of them on
Saturday, they all will be
recorded.
(07:58 am) Mitch King:also, on
Monday, Trade-Ideas is teaching how to setup
scanners. Tuesday Worden brothers
teaching on TC2000.com scanners. both
at 11am pacific time.
(07:59 am) JoeyTSA
:thanks, really going to try to be around on
saturday
(08:00 am) skydiver
:Thanks!! time is up for me, but
interesting day without my esignal feed, but
got in two good trades — thanks again for
awesome calls etc. 🙂
(08:00 am) Mitch
King:esignal still down?
(08:00 am) Qwert
:yeah its still down
(08:00 am)
skydiver :let me check again Mitch –
mine down most of the morning
(08:01 am)
Qwert :at least it was about 10 mins
ago
(08:01 am) skydiver :esignal up
now qwert!!
(08:01 am) freitag8
:looking for /NG to pull back soon
(08:02
am) skydiver :okay – I’m gone
(08:02
am) freitag8 :take care Sky
(08:02
am) Qwert :thx sky just pulled it
up
(08:05 am) Murano :out last 1/4
TDC
(08:06 am) Murano :out 3/4
AOL
(08:06 am) Mitch’s Assist. :good job
murano, AOL still strong
(08:06 am)
Mitch’s Assist. :probably another 1-2 more
minutes
(08:07 am) Murano :stop last 1/4
AOL 46.50
(08:07 am) Murano :looking for
48 area on last 1/4 AOL
(08:11 am)
regatta :watching PTEN
(08:12 am)
regatta :i need to look at screen
before typing…..ha,ha
(08:15 am) Qwert
:DDD at yesterdays high
(08:16 am)
regatta :watching NBR
(08:22 am)
regatta :watching CLH
(08:23 am)
JoeyTSA :nothing pressing on YELP
yet…
(08:23 am) JoeyTSA :but if you have
a “breakouts” workspace/monitor..might want
to keep it there
(08:30 am) Murano :be
careful CELG wide spread
(08:31 am)
regatta :OCN
(08:33 am) Mitch’s
Assist. :good one on CELG murano
(08:33
am) Murano :out all CELG
(08:33 am)
JoeyTSA :good one regatta
(08:35 am)
Mitch’s Assist. :hey freitag, there is your
pullback you wanted in NG
(08:35 am)
freitag8 :yup… I got my finger on the
pulse
(08:38 am) JoeyTSA :great call Qwert
on DDD breakout
(08:45 am) JoeyTSA :must
have been some financial/loan news
(08:51
am) Murano :thanks for HLSS Joey
(08:51
am) JoeyTSA :np, did anyone hear any
new?
(08:51 am) JoeyTSA :news
(08:56
am) Mitch King:good one on OCN regatta, i was
busy with /NG
(09:06 am) Mitch’s Assist.
:joey, freit, you guys seeing a 4 tick spread
on NG some times? crazy,
(09:06 am)
Mitch’s Assist. :market makers makign killing
this month
(09:07 am) JoeyTSA :yeah, keeps
jumping from 1-4
(09:07 am) JoeyTSA :not
for me
(09:07 am) Mitch’s Assist. :i dont
see CL get those kind of spreads, do
you?
(09:08 am) JoeyTSA :mainly 1t on
/CL, 2t every nw and then
(09:08 am)
Mitch’s Assist. :right
(09:09 am) JoeyTSA
:thats why i like /ES 1t and huge
liquidty
(09:11 am) Murano :lunch time
back in 20
(09:15 am) JoeyTSA :AKAM
testing hod
(09:15 am) Mitch’s Assist.
:looking for bounce in /NG
(09:16 am)
JoeyTSA :start of the olympics tonight, have
a bad feelng about these games for some
reason
(09:23 am) regatta :watching
EXC
(09:25 am) Mitch’s Assist. :joey you
mean terrorist explosions?
(09:25 am)
Mitch’s Assist. :murano, you watching
AOL
(09:26 am) JoeyTSA :between
terrorism, the pathetic shape of the
town, andithink some issues with a couple
events
(09:26 am) JoeyTSA :Shawn White
pulled out because course is too
dangerous..already 3 accidents this week i
think it was
(09:32 am) regatta
:PANW
(09:33 am) JoeyTSA :good one
regatta, you are on fire today 🙂
(09:33
am) regatta :tks, go me 🙂
(09:34
am) regatta :i just need to keep from
making any boneheaded moves
(09:38
am) JoeyTSA :yeah, those bonehead moves creep
in from time to time
(09:39 am)
regatta :i’m just trying to keep up
with all the great traders here
(09:39 am)
JoeyTSA :SODA has been active today
(09:39
am) Murano :to answer your question Mitch, I
had stopped watching AOL. I stopped
eating lunch at my desk.
(09:42 am)
regatta :RESI
(09:54 am)
regatta :watching SPR
(10:06 am)
JoeyTSA :lunch break, back in a
while
(10:35 am) JoeyTSA :anyone catch
those last 2 moves in YELP?
(10:39 am)
Mitch’s Assist. :no but i stayed in a Holiday
Express last night
(10:39 am) JoeyTSA
:haha
(10:40 am) Mitch’s Assist. :TWTR hit
almost $51 few min ago
(10:40 am) JoeyTSA
:at least they have plumbing, unlike a few of
the sochi hotels 🙂
(10:40 am)
Mitch’s Assist. :really?
seriously
(10:40 am) JoeyTSA :yeah, saw
some pics
(10:40 am) Murano :TDC setting
new lows for the day
(10:41 am) Mitch’s
Assist. :i saw they have 200,000 tickets
unsold
(10:43 am) JoeyTSA :MitchL scroll
thru these when you get a chance…
(10:43
am) JoeyTSA
:http://www.sportingnews.com/sport/story/2014
-02-04/2014-sochi-olympics-winter-photos-pict
ures/slide/3
(10:47 am) regatta
:most likely problem with
sochi……http://weknowmemes.com/2014/01/soc
hi-toilets-are-awkward-as-hell/
(10:52 am)
Mitch’s Assist. :yeah i see the yellow
water
(10:53 am) Mitch’s Assist. :i did an
exercise today, up almost $2 mil in NatGas on
simulator
(10:53 am) JoeyTSA :real
nice $$$
(10:53 am) Mitch’s Assist.
:its actually hard to do
(10:54 am)
Mitch’s Assist. :with these big moves,
extreme overbought or oversold, you can buy
or short. its a great exercise for your
skills
(10:58 am) gum :read NEWS on
MONT
(11:03 am) Murano :leaving early
today, see you tomorrow
(11:03 am) JoeyTSA
:enjoy your day murano
(11:04 am) JoeyTSA
:eye on /CL dbl bot near pp
(11:04 am)
Mitch King:later murano
(11:10 am) JoeyTSA
:PANW still climbing, great call
(11:11
am) regatta :URS
(11:12 am) Mitch
King:good eye reg
(11:12 am) regatta
:tks
(11:23 am) JoeyTSA :/ES trying to get
back to 1770
(11:25 am) JoeyTSA :cant
believe i spaced on LNKD today
(11:27 am)
Mitch’s Assist. :there is that short covering
on /NG after 500 tick drop
(11:27 am)
Mitch’s Assist. :yesterday we saw 250 tick
rebound
(11:29 am) JoeyTSA :BIDU
jusd had a $2 drop
(11:35 am) JoeyTSA :eye
on YELP $90 level
(11:42 am) regatta
:just watching LQDT
(11:42 am) JoeyTSA
:watching /ES 1767 for potential try or 1770,
67 needs to hold though
(12:11 pm) Mitch
King:did anyone listen to me on the NG
rebound? Master King knows
[grasshopper, what do you hear?]
(12:11
pm) JoeyTSA :nice job Mitch
(12:13 pm)
Mitch King:you just don’t get 500 tick drops
and no bounces. retail traders buy long
after the market closes and
professional managers don’t trade
because of size.
(12:13 pm) JoeyTSA
:right
(12:14 pm) Mitch King:only use this
technique if a big big drop during regular
hours, wont repeat often like yesterday and
today
(12:14 pm) Mitch King:use the first
Fibonacci target of 38% rebound of the drop.
so 38% of 500 ticks is 190 ticks although
that is optimisitic. we have had 100
ticks so far
(12:16 pm) Mitch King:this is
still a small rebound so far, maybe we get to
5,050 in a few hours
(12:16 pm) Mitch
King:5.050
(12:17 pm) Mitch King:the times
you get a big drop and no rebound is bad
earnings reports, like TWTR
(12:17 pm)
Mitch King:or fraud, accounting
errors,
(12:17 pm) skydiver :good
lesson – thnx Mitch
(12:17 pm) JoeyTSA
:yeah
(12:17 pm) JoeyTSA :YELP with
another good move
(12:17 pm) Mitch King:or
when Joey takes break
(12:17 pm) JoeyTSA
:haha
(12:17 pm) JoeyTSA :speaking of
breaks….
(12:18 pm) JoeyTSA :i will only
be in tomorrw until about 8am pdt
(12:18
pm) JoeyTSA :aetna thinkng about pulling out
of 0care
(12:21 pm) JoeyTSA :THanks
Mitch,Qwert, everyone…have a great day,
seeyou all tomorrow
(12:23 pm) Mitch’s
Assist. :later joey
(12:23 pm) Mitch’s
Assist. :be a good boy, which i know is hard
for you
|
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