| (05:45 am) JoeyTSA :early gap down:
RP,SINA,TLK,SRL,SCTY
(05:46 am) JoeyTSA :early gap up:
TSLALNKD,VS,HD
(05:48 am) Qwert :LNKD gap up as well
(06:16 am) JoeyTSA :eye on ITMN
(06:22 am) Mitch’s Assist. :February 25,
2014, Tuesday Pre Market UP: TSLA, AAPL,
ITMN, NFLX, BIDU, DARA, HPJ, MSO, SU, VSI Pre
Market DOWN: MGIC, IDRA, RP, VVUS, ODP,
AINV,
(06:28 am) Mitch King:should be good movement
with ITMN in first 90 minutes
(06:30 am) JoeyTSA :ZU wide spread, just be
careful
(06:30 am) Mitch King:watching ZU for trades,
spiking fast
(06:30 am) Mitch King:keep eye on DARA for
drops to buy a bottom
(06:31 am) Mitch King:ZU big spread, up to 50
cents use limit orders only
(06:33 am) Mitch King:watching PCRX for top
to short
(06:33 am) Mitch King:watchign ANFI for
bottom to buy
(06:34 am) Mitch King:monitoring ROSE
(06:34 am) Mitch King:watching JLL for
possible short, no hurry
(06:35 am) Mitch King:XPO possible short
(06:35 am) Mitch King:watching CCIH for
bottom to buy
(06:35 am) Mitch King:watchign AYR for short,
no hurry
(06:36 am) Mitch King:CSIQ dropping,
(06:36 am) Mitch King:monitoring SINA drop,
(06:36 am) Mitch King:watching AREX for top,
moving up more first though
(06:36 am) Mitch King:watching SHOO move,
possible short, no hurry though
(06:37 am) Mitch King:TNA is a 3 to 1
leveraged small cap etf
(06:37 am) JoeyTSA :eye on GALT
(06:37 am) Mitch King:watching TNA for bottom
to buy
(06:37 am) Mitch King:monitoring LVS drop,
lower priority
(06:37 am) Mitch King:watching XEC for
bottom, more downside first
(06:38 am) Mitch King:monitoring HFC pop
(06:38 am) Mitch King:watching MCO for
microshort, lower priority
(06:39 am) Mitch King:watchign MAN spike
(06:39 am) Mitch King:CCIH getting real
interesting
(06:40 am) Mitch King:THC micro short here
(06:40 am) Mitch King:watching VC rebound,
2nd helping short idea, missed first
(06:40 am) Mitch King:RP making gradual gain
(06:41 am) Mitch King:TSLA worth watching
today
(06:41 am) Mitch King:LNKD in trending up
(06:41 am) Mitch King:HFC toppy soon
(06:42 am) Mitch King:watching WBAI for
bottom, going to be good long at bottom
(06:43 am) Mitch King:watching DLR for
trades, in both directions, short next one
(06:45 am) Mitch’s Assist. :watching TSCO
(06:48 am) Mitch King:keep watching ITMN for
trades, short and long
(06:49 am) Mitch King:watching SGY for bottom
to buy
(06:49 am) Mitch King:watching WDAY for
bottom to buy
(06:49 am) Mitch King:watching XPO for short
(06:50 am) Mitch King:INFI alert
(06:50 am) Mitch King:monitoriing PCRX for
2nd helping short after rebound
(06:51 am) Mitch King:Phase 3 dynamo study
underway
(06:52 am) Mitch’s Assist. :Phase 2 Dynamo
Study under way
(06:52 am) JoeyTSA :watching FB
(06:54 am) Mitch King:watching DDS for short,
don’t rush
(06:55 am) Mitch King:if you cant find shorts
on INFI, will be good bottom to buy if it
drops toward 15.20 area
(06:55 am) JoeyTSA :/ES losing 1840
(06:56 am) Mitch King:watchign EXH, not real
active but watching
(06:58 am) Mitch King:monitoring WDAY, low
priority
(06:58 am) JoeyTSA :/NQ down about 20pts from
high
(06:59 am) Mitch King:more downside with INFI
short, maybe 15 area
(07:01 am) Mitch King:RAX short soon
(07:02 am) Mitch King:ZU best to be on long
side
(07:06 am) Mitch King:consider covering INFI
short, most of it
(07:07 am) Mitch King:watching CACI for top
(07:07 am) Mitch King:LYV worth monitoring
for bottom,
(07:09 am) Mitch King:the way INFI is acting
is a slow drip down, not good behavior for
long bounce, has to drop way down below 15
before potential long
(07:11 am) JoeyTSA :decent indice bounce,
forgot all about the reports 10min ago
(07:12 am) Mitch King:should get more bounce
in SCTY here
(07:13 am) Mitch King:ZU double top here
(07:17 am) Mitch King:more upside on CCIH
(07:18 am) Mitch King:GBX strong again today
(07:19 am) Mitch King:nevermind CHTR< really
late to buy now
(07:19 am) Mitch King:more upside on CHTR
(07:22 am) Mitch King:monitoring VECO
(07:23 am) Mitch King:SINA trending up
(07:23 am) Mitch King:RLGY micro long here
(07:24 am) Mitch King:ROC trending up
(07:36 am) Mitch King:HPJ making new highs,
strong , low priced, long side only
(07:36 am) Mitch King:microshort on CRZO
soon
(07:41 am) Qwert :monitoring NQ
(07:50 am) Murano :watching CTRP
(07:51 am) JoeyTSA :eye on ECOM
(08:15 am) JoeyTSA :watching YY
(08:29 am) JoeyTSA :/ES testing 1850 area
(08:30 am) JoeyTSA :eye on /NQ as it ear
3700, had probs there yesterday
(08:43 am) Mitch King:watching RAX
(08:49 am) JoeyTSA :ITMN on fire
(09:20 am) JoeyTSA :tighten ITMN if you
shorted it
(09:36 am) Murano :watching RVBD
(10:04 am) JoeyTSA :SCTY on watch
(10:25 am) Qwert :VOD
(10:42 am) Qwert :monitoring OKS
(10:45 am) Qwert :OKS needs a lot more volume
and movement
(10:50 am) JoeyTSA :eye on TSLA
(10:53 am) JoeyTSA :GTLS on watch too
(11:02 am) Murano :watching STRZA
(11:02 am) Mitch King:NG 3-13 moving again,
not quite psycho but active
(11:12 am) JoeyTSA :tighten GTLS if short
(11:40 am) Murano :watching P
(11:57 am) JoeyTSA :XON
(11:57 am) JoeyTSA :eye on /NQ 3580, having
issues there
(12:28 pm) JoeyTSA :/NQ was good short, /ES
trying to hold 1840
(01:02 pm) Mitch King:see you guys tomorrow
| (05:43 am) Qwert :Good morning Joey,
everyone
(05:43 am) JoeyTSA :Good morning Qwert,
traders
(05:44 am) JoeyTSA :couple reports in 15min,
he CB consumer richmond manu @ 7pdt
(05:46 am) skydiver :gm – quite the drop in
/CL early this morning – thnx for info and
gappers joey — welcome back as well 🙂
(05:46 am) JoeyTSA :also keeping GTLS on
radar, needs more vol
(05:48 am) Qwert :thx for the gaps joey
(05:49 am) skydiver :LinkedIn expands in
China, dealing with censorship, WSJ reports
(05:49 am) JoeyTSA :thx Qwert, had LNKD
right next to TSLA chart..forgot to list it
(05:49 am) JoeyTSA :thx sky
(05:51 am) JoeyTSA :/NG wild again, watcing
1842 area on /ES
(05:55 am) bill1 :Good morning guys. I made
it back.
(05:56 am) skydiver :welcome back bill
(05:56 am) bill1 :finally im live and
watching /CL
(06:13 am) Murano :good morning
(06:16 am) skydiver :ITMN – com: InterMune
study reports pirfenidone reduced IPF disease
progression
(06:16 am) JoeyTSA :thx skynews 🙂
(06:17 am) skydiver ::)
(06:18 am) skydiver :NG still dropping
(06:21 am) JoeyTSA :congrats to anyone quick
enough to catch those /NG moves. way too fast
for me still
(06:24 am) Mitch King:yeah i agree joey, the
net bottom line is i have not made near the
money on /NG that I would have thought. it
is too fast. its down again to 4.790 low
today with yesterday peaking out at $6.500
(06:24 am) JoeyTSA :for me, it just turns on
a dime and mvoes before i can even think
haha
(06:25 am) Mitch King:its funny because in my
trading career, i’ve made more money when
markets are not extremely hot but lukewarm
seems to be the sweetspot
(06:26 am) JoeyTSA :easier on the neart too
:
(06:26 am) Mitch King:is that anyone elses’
experience too?
(06:26 am) JoeyTSA :;)
(06:28 am) JoeyTSA :keep ZU on radar
(06:36 am) JoeyTSA :see if FB tests$70
(06:37 am) JoeyTSA :great move on TSLA
(06:38 am) regatta :watching ROSE
(06:41 am) JoeyTSA :watching YELP today/this
week to make a run to $100
(06:42 am) regatta :watching JRJC
(06:43 am) JoeyTSA :missed tht bounce on
SCTY
(06:45 am) skydiver :RAX – take over
chatter
(06:49 am) regatta :watching FE
(06:51 am) JoeyTSA :yesterday /NQ had issues
@ 3700, today couldnt even get close to
there
(06:53 am) regatta :watching CLDX
(06:58 am) JoeyTSA :TSLA strongest big name
by far
(06:59 am) JoeyTSA :great call on INFI
(07:00 am) regatta :watching EJ
(07:02 am) JoeyTSA :putting CACI on radar,
nothing pressing
(07:04 am) JoeyTSA :ZU on L list @
lightspeed, havent checked to see if shorts
available though
(07:07 am) Qwert :they are not joey i
checked
(07:08 am) JoeyTSA :thx Qwert
(07:08 am) Qwert ::)
(07:08 am) JoeyTSA :just another sign of my
laziness
(07:16 am) JoeyTSA :early break, great calls,
see you in 20 or so
(07:18 am) Mitch King:argh, didnt post UTHR
to you guys but watching it all morning,
brain fart
(07:54 am) Mitch King:listening to these
regulators regarding the Mt Gox Bitcoin
crash, these regulars are clueless
(07:55 am) Mitch King:the bitcoin prices went
from $1200 to 100 on Mt Gox and regulators
are saying they are having meetings about
this brought up 2 weeks ago
(07:55 am) Mitch King:NY regulators saying
“they are trying to get their head around
this.” idiots, the coin prices dropped to
$100 last night on Mt Gox
(07:56 am) Mitch King:hit 101.63 last night,
yesterday morning was 349, was $1200 couple
months ago
(07:57 am) JoeyTSA :there was an article on
it i aw earlier
(07:58 am) JoeyTSA
:http://news.yahoo.com/bitcoin-exchange-mt-go
x-39-website-down-053727771–sector.html
(07:58 am) Mitch King:yeah i was just
listening to the NY state financial services
regulator, what a joke. typical government
mentality. people are getting killed on this
Mt Gox bitcoin exchange
(07:59 am) JoeyTSA :2 casinos here are
accepting bitcoin for rooms/food but nt
gambling
(08:05 am) skydiver :thnx again – time is up
for me — see you all tomorrow – had tough
day on equities but barely in green, but did
good on CL – see you all tomorrow 🙂
(08:05 am) JoeyTSA :enjoy sky
(08:21 am) JoeyTSA :missed decent bounce on
indice there
(08:21 am) bill1 :Hi Guys, Question: I was
up 12 ticks on ES 03-14 and put in a sell at
Bid. The price continued to rise above my
sell but sell order never went through. After
20 sec I sold at market and it sold 2 ticks
below my cost. Any thoughts on what may be
going on?
(08:22 am) Mitch King:fist of all, you can
always sell at ask or buy at bid on ES,
(08:22 am) JoeyTSA :not sure bill on that
(08:22 am) Mitch King:never need market
order, but spread is usually tight on that
instrument
(08:22 am) bill1 :On the SIM it works that
way for me but not working live. 🙁
(08:23 am) Mitch King:what time was order
bill? another big factor is your internet.
ok sim vs. live data not often the same,
(08:24 am) bill1 :Tried to sell at 7:24
(08:29 am) JoeyTSA :not sure on that bill,
“supposedly” all orders are supposed to clear
before next price tick..or something to that
effect
(08:29 am) bill1 :Thanks guys. I will dig
into it further.
(08:30 am) JoeyTSA :sorry couldnt be more
help
(08:30 am) bill1 :No worries at all. I will
figure it out. 🙂
(08:31 am) JoeyTSA :and now its up aout 5pts
from your sell, arrrggg haha
(08:33 am) bill1 :LOL Funny game
(08:34 am) bill1 :Is a pt on ES/ 0.25 or
1.00?
(08:35 am) JoeyTSA :1pt = 1.00, each tick is
0.25
(08:35 am) JoeyTSA :1t= $12.50 so 1pt = $50
(08:35 am) bill1 :Got it I was up 12ticks
not 12 pts.
(08:36 am) JoeyTSA :each instrument has its
own tick/pt value
(08:36 am) JoeyTSA :yeah, you wrote 12t,
great move
(08:37 am) Murano :covered 3/4 CTRP
(08:51 am) JoeyTSA :FB on radar, been in
tight range, just looking for a break
(08:55 am) Murano :covered last 1/4 CTRP
(08:58 am) JoeyTSA :/NQ with another failed
attempt @ 3700
(09:37 am) devinsbeck :wow, finally. Good
morning/afternoon everyone
(09:38 am) JoeyTSA :hey devo
(09:38 am) devinsbeck :I miss anything good?
trying to catch up now
(09:38 am) devinsbeck :whats up Joey?? How
was your weekend trip?
(09:38 am) JoeyTSA :not much, had a ncie
time but glad to be back
(09:40 am) Qwert :Elliott Increases Offer to
Acquire Riverbed to $21.00 per Share in
CashBusiness Wire(Tue 12:36PM EST)
(09:40 am) JoeyTSA :thx Qwert
(09:55 am) devinsbeck :Bitcoin….anyone see
this coming??? Jeez
(09:55 am) JoeyTSA :i think monopoly money
has a better chance 🙂
(09:58 am) devinsbeck :some people got
really hurt….I’m not finding anything i am
in love with yet. NKE has a beautiful chart
today
(10:00 am) JoeyTSA :nothing for me at the
moment, some great moves today though
(10:09 am) JoeyTSA :lunch break back in 30
or so
(10:10 am) regatta :just watching CZRO
(10:22 am) Murano :AEO getting some volume
(10:22 am) devinsbeck :watching UA
(10:41 am) devinsbeck :wow Qwert, VOD really
took it on the chin
(10:46 am) harlen444 :regtta do mean crzo
(10:50 am) JoeyTSA :probably harlen
(10:56 am) regatta :yes, crzo, sorry
(10:56 am) regatta :mitch had it on the
screen before i finished typing
(11:08 am) Murano :covered all STRZA
(11:10 am) Mitch’s Assist. :hey devin, i
think thats what VOD was supposed to do on
that alert
(11:12 am) Mitch’s Assist. :in 15 seconds VOD
spiked up from 41.12 to 41.69 then back to
41.15
(11:15 am) devinsbeck :i didnt even see the
alert, just the move. Ive been out with my
son messing around.
(11:16 am) JoeyTSA :/CL trying for 102
(11:16 am) Mitch King:whats yoru style of
trading devin? what kind of trade do you
like to look for?
(11:17 am) devinsbeck :i like things with
movement throughout the day so Im having some
trouble with what I normally look at today.
Usually a pot of about 50 stocks so I like
that this group has opened me up to more
(11:18 am) devinsbeck :generally i wait
until first hour of trading so market can
determine some tops or bottoms i can play
off. Generally swing trades but want to
learn more about daytrade
(11:18 am) Mitch King:oh ok, so you dont
trade in teh first hour?
(11:19 am) devinsbeck :i have 1 yr of FT
trading under my belt so I have a ton to
learn still. Stay at home dad, kids off at
school and daycare so hands are full until
9am Denver time. I dont trade 1st hour cause
of kids and I generally make bad trades
(11:20 am) devinsbeck :im so anxious to get
in the market sometimes rather then be
patient and let market dictate the moves.
What can I say, I love trading so much that I
hate sitting and waiting sometimes even
though its a great trading quality to have
(11:21 am) JoeyTSA :the positive is that you
have figured that out though
(11:21 am) Mitch King:agree
(11:21 am) devinsbeck :true. as time goes
by and I get better then I can trade that 1st
hour. A lot of winners to be had with that
movement
(11:23 am) devinsbeck :example of something
I’m looking at now is DIS. 2 day chart, nice
looking setup for bounce. atleast to
me…haha. small position would go on with
stop right below 80.21, probably around
80.10
(11:24 am) Mitch’s Assist. :you use a daily
chart?
(11:25 am) devinsbeck :yes, i usually start
at a year chart for a stock im interested at
in then work my way back through 6 moth, 2
mnth, etc until i hit 2 hr chart. sometimes
overload
(11:26 am) JoeyTSA :you are swing trading
correct?
(11:26 am) devinsbeck :helps me get a bigger
picture
(11:26 am) devinsbeck :yes swing. want to
learn Day though for days like this. I think
market is a little top heavy and dont want to
keep positions past today
(11:27 am) Mitch’s Assist. :was 250 tick
short covering in last hour of /NG
(11:27 am) Mitch’s Assist. :i would think /NG
continues up
(11:28 am) devinsbeck :but i need the
movement. Commodities have been taught to me
by father in law but I need better training
and sim trading with it. hit and miss
(11:28 am) JoeyTSA :20c stop seems really
tight for a swing to me
(11:31 am) devinsbeck :i agree and this is
what i need to learn. other then the open,
the biggest move has been around 19c. trying
to buy at bottom so if it hits stop its only
a 6c loss. still counts against me though.
these are the things im hoping this group
will help with, smarter trading
(11:31 am) Qwert :Got to take off early have
a great night everyone cya all in the am
(11:31 am) JoeyTSA :bye Qwert
(11:32 am) JoeyTSA :unfortunately the DIS buy
point for me would have been teh breakout of
76
(11:32 am) devinsbeck :later Qwert
(11:33 am) Murano :see you Qwert
(11:34 am) devinsbeck :for a swing –
absolutely! I had actually missed that one
but got in at the 78 breakout and sold it
yesterday
(11:35 am) JoeyTSA :yeah the 78 was decent
also
(11:35 am) devinsbeck :Sorry, was using DIS
in this convo just for an example of
somethings i look for. i wouldnt be putting
on a big position here or for longer then
today
(11:36 am) JoeyTSA :gotya 🙂
(11:36 am) JoeyTSA :when idid swing trades, i
tended to stick to those in well-defined
trends
(11:38 am) devinsbeck :but even since
joining this group for the last 4 days, I
have a ton of new info to play with. just
more to learn and keeps you active. makes
sense Joey. I appreciate the advice and help
so far! From all of you
(11:40 am) JoeyTSA :even with swing trades,
each trader usually has their own way of
doing things ,what they look for etc
(11:45 am) JoeyTSA :at the moment, not
impressed with SPY chart or /NQ action around
3700
(11:46 am) JoeyTSA :SPY on daily i mean
(11:47 am) JoeyTSA :has some res in this area
so i want it to prove itself to me
(11:48 am) devinsbeck :watching SPY on
daily
(11:48 am) devinsbeck :it just seems so
tight
(11:49 am) JoeyTSA :has res from dec/jan
here
(11:49 am) JoeyTSA :roughly i mean, not exact
levels
(11:51 am) JoeyTSA :might start doing swings
again soon though, just lots of work
(11:52 am) devinsbeck :yeah i see, Dec
31/Jan 15 & 21/Feb19 & 21
(11:52 am) Murano :covered 3/4 P
(11:52 am) JoeyTSA :nice going Murano
(11:53 am) Murano :thanks Joey
(11:53 am) JoeyTSA :devo: if i do swing i
will go back to what i used to look for, and
also keep eyes on sector etfs..will try to
narrow things down a bit more
(11:57 am) Murano :XON setting up for a short
but no shares at Lightspeed
(11:58 am) devinsbeck :beauty, sounds good
Joey
(11:58 am) JoeyTSA :i saw XON about 10min ago
and let it go
(12:01 pm) Murano :covered last 1/4 P
(12:23 pm) JoeyTSA :latest writing from
Cramer/thestreet.com
(12:23 pm) JoeyTSA
:http://www.thestreet.com/story/12450715/1/ji
m-cramer-waiting-this-one-out.html
(12:26 pm) JoeyTSA :ps: not suggesting that
anyone put up money based on what cramer
says, just passing info 🙂
(12:31 pm) devinsbeck :/ES heard you Joey,
nice little pop up right when you said that
hold 1840
(12:33 pm) devinsbeck :talk to the market
like our golf balls
(12:33 pm) JoeyTSA :not sure it holds on next
test
(12:33 pm) JoeyTSA :no golf, only
billiards…same idea, less walking 🙂
(12:35 pm) devinsbeck :ha
(12:38 pm) Murano :done for the day, see you
tomorrow
(12:38 pm) devinsbeck :see u Murano
(12:38 pm) JoeyTSA :bye Murano
(12:41 pm) JoeyTSA :Thanks Mitch,
traders..enjoy your day, see you tomorrow
(12:43 pm) Mitch King:later joey, thanks for
your help
(12:43 pm) Mitch King:but you are a horse
trader, hehe
(12:46 pm) devinsbeck :Thx Joey, appreciate
ya!
(12:54 pm) devinsbeck :Bye everyone, see you
tomorrow. Thx for the help this afternoon
|
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