| (05:51 am) JoeyTSA :early gap up :
UVXY,NUGT,VXX,GLD…all etfs
(05:52 am) JoeyTSA :early gap down:
CLDX,YNDX,YY,TSLA
(06:06 am) JoeyTSA :/CL into $104
(06:11 am) Mitch King:The opening trades
today, my strong suggestion is to be short
right away on stocks that are moving down and
they are likely to drop much more than you
are used to during the bull market sentiment
we have been in. The first bounces will
likely be smaller and be opportunities to
short again. I would NOT be going long on
the first bounces unless you see the whole
market rebounding or there is a significant
news event such as the Russians and
Ukrainians start discussions or troops pull
out
(06:13 am) Mitch King:THis is the first
“threat” to the bull market run and is almost
always sharp and usually downtrends the whole
day on day 1. The market has NOT priced in
this event or that it could last for more
than a day or two.
(06:28 am) Mitch’s Assist. :March 3, 2014,
Monday Pre Market UP: PERI, DNDN, TVIX, VXX,
JKS, Pre Market DOWN: MBT, CETV, VIP,YNDX,
RCL, FEYE, TSLA, LOW, LVS, TNA, DFE, CELG, ZU
, XIV,
(06:32 am) Mitch King:watching for shorts on
top of this initial bounce on many stocks:
LAMR, ROC, BCEI, LAZ
(06:33 am) Mitch King:QIWI should be a short
after small bounce
(06:33 am) Mitch King:KRA dropping
(06:33 am) Mitch King:SINA dropping
(06:34 am) Mitch King:watching MGA for top to
short
(06:34 am) JoeyTSA :UVXY pullback
(06:34 am) Mitch King:watching LVS for short
(06:35 am) Mitch King:watching EGN for top to
short
(06:35 am) Mitch King:no hurry on the MGA
short, really strong
(06:35 am) Mitch King:short here in UBNT
(06:36 am) Mitch King:watching NQ for top to
short
(06:36 am) Mitch King:more selling in NEE
(06:37 am) Mitch King:MGA toppy
(06:37 am) Mitch King:watching SWC for top to
short
(06:38 am) Mitch King:take time on AGU,
strong
(06:38 am) Mitch King:watching AGU for top to
short
(06:38 am) Mitch King:watching CRM for top to
short
(06:39 am) Mitch King:MGA too strong to
short
(06:41 am) Mitch King:watching SAVE for top
to short
(06:42 am) Mitch King:watching EXLS for top
(06:44 am) Mitch King:watching QCOR for top
(06:44 am) Mitch King:watching CYOU for top
(06:45 am) Mitch King:cover MGA if short,
watch for 2nd helping short if rebounds
(06:45 am) Mitch King:watching HII for top
(06:46 am) Mitch King:starting to watch EXAM
for top to short
(06:46 am) Mitch King:agricultural chemicals
are UP: MOS, MON, AGU, POT
(06:47 am) Mitch King:SOHU looks strong,
could trend up for awhile
(06:47 am) Mitch King:watching ECOM for top
to short
(06:49 am) Mitch King:watching SGY for top
(06:49 am) Mitch King:TDS strong, watching
for top though
(06:50 am) Mitch King:watching HSC, wont be
strong rebound though
(06:55 am) Mitch King:watching AMBA for top
(06:56 am) Mitch King:2nd helping short on
MGA
(06:58 am) JoeyTSA :ISM in 1min
(06:59 am) Mitch King:watching for top
(07:08 am) Mitch King:QCOR turning over
(07:09 am) Mitch King:looking for $50.50 area
on ISIS short
(07:14 am) Mitch King:consider covering AMBA,
watching for a bounce for long at next
bottom
(07:16 am) Mitch King:expecting little more
upside on HSC, not worth going long now from
here though
(07:17 am) Mitch King:more downside with
NLNK
(07:19 am) Mitch King:watching ETN for small
bounce on next bottom,
(07:20 am) JoeyTSA :keep eye on /ES 1840
(07:21 am) Mitch King:this little bounce in
QCOR is good short entry
(07:24 am) Mitch King:monitoring JKS
(07:26 am) Mitch King:SVXY bouncing
(08:01 am) JoeyTSA :just watching ZU @ $70,
nothing yet but on radar
(08:16 am) JoeyTSA :eye on NUS
(08:31 am) Murano :watching YY
(08:32 am) Mitch King:micro long on TNA soon
(08:36 am) Mitch King:MGA close to new high
of day
(08:51 am) Murano :watching VHC
(08:56 am) Mitch King:expecting MGA to trend
upward more especially if SP indexes turn
upward
(09:02 am) Mitch King:looking for small
bounce in indexes, watching 2 min chart on
ES
(09:14 am) JoeyTSA :quick bounce on indices
(09:15 am) Mitch King:remember TNA is 3X
leveraged going long Russell 2000, one of
most volatile
(09:37 am) Mitch King:higher highs on MGA as
indexes rebound
(10:33 am) Mitch King:microshort on PEIX
soon
(10:45 am) Qwert :watching RAI
(01:01 pm) Mitch King:later guys
| (05:27 am) Qwert :Good morning to everyone
(05:33 am) JoeyTSA :Good morning Qwert,
everyone
(05:34 am) akram :Good morning to everyone
(05:39 am) rd :GM to all
(05:40 am) JoeyTSA :GLD into $130, UVXY up
big
(05:41 am) JoeyTSA :maybe some nervousness
out there
(05:45 am) JoeyTSA :starting /CL off with a
$104.50, $105 range
(05:46 am) JoeyTSA :1836,1844 on /ES,
3654,3668 on /NQ
(05:55 am) skydiver :gm all – thnx for
gappers etc. 🙂
(05:59 am) Murano :good morning
(06:07 am) skydiver :CL being affected by
the Ukraine/Russia development?
(06:08 am) JoeyTSA :maybe
(06:11 am) skydiver :thnx Mitch
(06:16 am) skydiver :Celldex down 7.6%
following Q4 results
(06:16 am) skydiver :CLDX is symbol
(06:26 am) skydiver :keeping CRM up on a
chart
(06:28 am) JoeyTSA :thx sky, i just put up
CRM 🙂
(06:28 am) skydiver ::)
(06:29 am) skydiver :thnx Mitch for gappers
(06:34 am) JoeyTSA :good call sky on CRM
(06:35 am) skydiver ::)
(06:35 am) JoeyTSA :nice bounceon indices
(06:38 am) skydiver :YOKU – take over
chatter
(06:43 am) regatta :watching QCOR
(06:43 am) JoeyTSA :/ES having a bit of res @
S1, watch area
(06:45 am) skydiver :TSLA – finally broke
resistance
(06:45 am) skydiver :well – maybe not on
TSLA
(06:46 am) skydiver :taking 3/4 off table on
TSLA long
(06:48 am) skydiver :HSC – monitoring
(06:50 am) skydiver :LNKD recovered well
this morning
(06:51 am) JoeyTSA :/CL still on steady
uptrend
(06:52 am) skydiver :thnx Mitch
(06:54 am) skydiver :HSC – Harsco announces
CEO Patrick Decker resigns, names David
Everitt Interim CEO
(06:54 am) JoeyTSA :thx sky
(06:54 am) skydiver :no problem
(06:55 am) JoeyTSA :ceo resigns usually =
down move on stock
(06:55 am) JoeyTSA :at first i mean
(06:55 am) skydiver :right – wondered so
looked it up
(06:55 am) JoeyTSA :using obvious $530 for
AAPL breakout area if at all
(06:58 am) skydiver :all out of TSLA long
(06:59 am) JoeyTSA :report may have leaked,
quick drop on indices
(06:59 am) skydiver :agree joey
(06:59 am) JoeyTSA :was too quick for me to
catch move
(07:10 am) JoeyTSA :monster run on QCOR
(07:11 am) JoeyTSA :more pullback on indices
(07:16 am) JoeyTSA :QCOR 1min chart is a
great chart to study from
(07:21 am) JoeyTSA :back in 20
(07:22 am) skydiver :see ya joey
(07:41 am) JoeyTSA :QCOR still with good
trades
(07:42 am) skydiver :I am finally green with
QCOR short – mis-handled it, but finally in
green
(07:42 am) JoeyTSA :green is good 🙂
(07:42 am) skydiver ::)
(07:43 am) JoeyTSA :chart reading is so much
easier in hindsight 🙂
(07:44 am) skydiver :for sure
(07:44 am) JoeyTSA :QCOR great chart to print
off and study though, esp for those newer to
reading charts etc
(07:54 am) JoeyTSA :/CL still inching towards
$105
(08:05 am) skydiver :Time is up for me . .
great calls again — see you all tomorrow –
decent day 🙂
(08:05 am) JoeyTSA :bye sky
(08:05 am) skydiver ::)
(08:16 am) Mitch King:nice vol increase on
NUS joey
(08:17 am) JoeyTSA :yeah, just watching fo
no
(08:30 am) Mitch King:NUS was a 3% move, thx
joey
(08:41 am) Murano :covered 3/4 YY
(08:51 am) JoeyTSA :/CL basing near R3
(08:51 am) JoeyTSA :/ES trying to hold this
level also
(08:54 am) Murano :If you took VHC long would
sell some here I missed the trade
(08:54 am) JoeyTSA :update on PLUG from last
week, i broke thru $5, see if it holds here
for more upside run for a swing
(08:56 am) Mitch King:good one on VHC murano
(08:58 am) Murano :covered last 1/4 YY
(09:06 am) JoeyTSA :ZU sure didnt want that
$70 level
(09:09 am) Murano :monitoring LOCK would
like closer to 18 for a possible long
(09:37 am) regatta :watchin NWBO, low price
(09:45 am) JoeyTSA :Murano ; did you end up
taking LOCK? decent bounce
(09:45 am) Murano :out all LOCK I have a
meeting this afternoon, see you tomorrow
(09:46 am) JoeyTSA :enjoy Murano, good call
(09:51 am) akram :vhc
(09:55 am) JoeyTSA :great call on MGA
(09:58 am) regatta :watching VHC
(10:04 am) JoeyTSA :lunchtime, back in 40
(10:20 am) Mitch King:this might be a little
strange. MSFT hired a political strategist
who was on Hillary Clinton’s 2008
presidential bid.
(10:21 am) Mitch King:and he is going to be
this new CEO’s main go-to guy
(11:02 am) Qwert :Does anyone know the
difference between ask and primary ask?
(11:03 am) JoeyTSA :not sure Qwert
(11:04 am) Qwert :i had a hot button that i
had setup wrong and then now when i am
looking at my others some are set up each
way
(11:49 am) Mitch King:qwert, i think you want
the ask, not the primary ask. im fairly sure
the primary ask reltes to the ipo market.
since we trade in the secondary market, i
think you want ask
(11:50 am) Mitch King:you can check and see
if you get many changes in price in primary
ask or if you get quotes at all on ask for
most stocks
(11:50 am) Qwert :thx mitch thats what i set
it to
(11:51 am) Mitch King:the primary market is
the initial public offering market and is
hardly ever referred to. that has to do
with configuring your buttons to a datafield
from the brokerage firms datafeed
(11:52 am) JoeyTSA :good to know, thanks
Mitch
(11:52 am) Qwert :okay thx
(11:53 am) Qwert :i had a buy button
configured to primary bid needless to say it
didnt execute
(11:53 am) Mitch King:i think the primary ask
or primary bid price only is updated on the
day a company goes public, actually before it
opens
(11:53 am) Mitch King:i have no idea why they
are giving you that option to configure
toward primary bid or ask
(11:54 am) Qwert :okay seems like an odd
option to have available
(11:54 am) Mitch King:which brokerage firm
are you configuring the hot buttons for,
Lightspeed?
(11:55 am) Qwert :yes
(11:55 am) JoeyTSA :you can also keymap stuff
too
(11:56 am) Qwert :I tried using one earlier
and it didnt execute, so i was trying to
figure out why and noticed it was configured
wrong
(11:56 am) Qwert :do you use keys joey
(11:57 am) JoeyTSA :just started getting into
them, only have a couple programmed
(11:57 am) JoeyTSA :one to add an alert, one
to closeout full etc
(11:57 am) JoeyTSA :now i have to remembe
where i mapped them too haha
(11:57 am) Qwert :i used to use them when i
trade with etrade
(11:58 am) Qwert :i put little stickers on
the keyboard
(11:58 am) JoeyTSA :there ya go, CRTL A is
for alerts
(11:59 am) Qwert :u use it to set an alert?
(11:59 am) JoeyTSA :yeah, if i pull up a
chart, and see a breakout level for exmple..i
just CTRL A, alert box pops up and i enter
price…
(12:00 pm) Qwert :nice
(12:00 pm) JoeyTSA :if it triggers i get a
ding and a popup message
(12:00 pm) JoeyTSA :On tradestation i have to
draw a horizontal line, not hard just an
extra stp or 2
(12:01 pm) JoeyTSA :trying to streamline
things better
(12:01 pm) Qwert :me too was working on my
layout over the weekend
(12:01 pm) JoeyTSA :can you log on LS on the
weekends?
(12:02 pm) JoeyTSA :thought they shut down on
nights/weekends
(12:02 pm) Qwert :no was working on scanner
and ninja, esignal layout
(12:02 pm) JoeyTSA :ahh
(12:02 pm) Qwert :silly that you cant work on
the lightspeed layout
(12:03 pm) JoeyTSA :only thing on ninja i am
trying to get quicker at is oco breakout
orders
(12:04 pm) Qwert :can you do that with a hot
key
(12:05 pm) JoeyTSA :yeah
(12:05 pm) Mitch King:yeah they do shutdown
right after market closes joey,
(12:05 pm) JoeyTSA :never used hotkey on
ninja
(12:05 pm) Qwert :RAI giving nice trades
(12:05 pm) JoeyTSA :i think its 8pm est they
shut down
(12:06 pm) Qwert :i like to setup in sim
account then just copy to live account
(12:06 pm) JoeyTSA :smart
(12:06 pm) JoeyTSA :tht way you dont enter an
order by accident
(12:06 pm) Qwert :yeah learned the hardway
(12:07 pm) Qwert :setup a hot button to buy
shares and tested it after hours
(12:07 pm) JoeyTSA :manual oco breakout
either way isnt too hard to do
(12:07 pm) JoeyTSA :basically 4 clicks
(12:30 pm) JoeyTSA :Thanks
Mitch,Qwert,everyone..have a great day,see
you tomorrow
(12:30 pm) Qwert :cya joey
(12:46 pm) Mitch King:bye joeyO
(12:55 pm) Qwert :Bye everyone cya all in the
am
(12:57 pm) Mitch King:you guys see the
RUssian markets are down 12% today,
(12:57 pm) Mitch King:i guess they dont trust
Putin
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