(05:44 am) JoeyTSA :early gap down:
UVXY,GLD,SRTY
(05:44 am) JoeyTSA :early gap up:
VIPS,TSLA,QIWI,YND,SUNE
(06:29 am) Mitch’s Assist. :March 4, 2014,
Tuesday Pre Market UP: OXBT, VIPS, LXFT,
LIVE, PLUG, QIWI,FB, MA, EPAM, JKS, SUNE,
TSLA, LNKD, BIB,, Pre Market DOWN: SQQQ,
TVIX,
(06:34 am) Mitch King:watching ENDP
(06:34 am) Mitch King:be slow to short, being
on long side is smartest
(06:35 am) Mitch King:watching YNDX for
short
(06:37 am) Mitch King:watching ACAD for top
to short
(06:38 am) Mitch King:monitoring VIPS
(06:38 am) Mitch King:watching QIHU, take
time before shorting
(06:39 am) Mitch King:watching EGN for top
(06:39 am) Mitch King:watching NSC for top,
no hurry
(06:39 am) Mitch King:watching WLK for short
soon
(06:40 am) JoeyTSA :great move on VIPS
(06:40 am) Mitch King:monitoring RKT
(06:40 am) Qwert :watching PLUG
(06:41 am) Mitch King:watching CCIH for
short
(06:41 am) JoeyTSA :eye on GOMO
(06:42 am) Mitch King:monitoring QIHU for
top, more upside first
(06:42 am) Mitch King:watching GMCR for
bottom to buy here
(06:42 am) Mitch King:microshort on ANF
(06:43 am) Mitch King:monitoring HEES, more
upside
(06:43 am) Mitch King:VIPS turning over
(06:45 am) Mitch King:watching DANG for top,
take time
(06:45 am) Mitch King:monitoring SSYS, more
upside first, strong
(06:46 am) Mitch King:if or when market slows
down, watching TZA for long, it is a 3x
leveraged short small cap etf
(06:47 am) JoeyTSA :tigthen VIPS if long
(06:47 am) Mitch King:watching CLR for short
(06:48 am) Mitch King:watching HPJ for bottom
to buy
(06:50 am) Mitch King:watching WUBA for
short
(06:51 am) Mitch King:/ES high of day, SP500
minis
(06:52 am) Mitch King:AMBC weak here
(06:52 am) Mitch King:DANG powering up, not
acting shortable
(06:53 am) JoeyTSA :here comes PLUG $7
(06:53 am) Mitch King:BLDP powering up, more
upside, low priced stock, same sector as
PLUG, FCEL
(06:54 am) Mitch King:watching VIPS closer
(06:55 am) Mitch King:more downside on CCIH,
looking at daily
(06:55 am) Mitch King:expecting more upside
on HPJ
(06:56 am) Mitch King:monitoring ENS, more
upside
(06:58 am) JoeyTSA :tighten PLUG if long
(06:58 am) Mitch King:epecting more downside
on VIPS
(06:59 am) Mitch King:watching SSP for top to
short
(07:00 am) Mitch King:watcing CLDX for top to
short
(07:00 am) Mitch King:HPJ bullshort chart,
more downside
(07:02 am) Mitch King:watching ANF for
another top to short
(07:04 am) JoeyTSA :eye on ENDP
(07:04 am) Mitch King:monitoring SSP
(07:04 am) Mitch King:MXWL still powering up
(07:14 am) Mitch King:watching CCIH for 2nd
helping short after more rebound
(07:14 am) Mitch King:watching VIPS for 2nd
short after small rebound
(07:15 am) Mitch King:watching VHC for short
on top of this bounce, take time
(07:16 am) Mitch King:QIHU still powering up
(07:21 am) Mitch King:BLDP resuming uptrend,
(07:21 am) Mitch King:trying small short in
VIPS again
(07:22 am) Mitch King:look for microshort on
GTIV
(08:01 am) Mitch King:still buy on dip with
BLDP
(08:02 am) Qwert :monitoring GLNG
(08:16 am) Mitch King:monitoring WUBA for top
to short, no hurry, lower vol, maybe $52
first?
(08:18 am) Mitch King:looking for microshort
in SFUN
(08:20 am) Mitch King:microshort on EPAM, in
downtrend
(08:23 am) Mitch King:DPM microshort here
(08:26 am) Mitch King:expecting more downside
on GTN
(08:28 am) JoeyTSA :Kerry speaking on Ukraine
situation
(08:35 am) Mitch King:even though PLUG is in
the same sector as BLDP, it is not in an
uptrend so buy on the dip is not the pattern
now
(08:35 am) Mitch King:looking for buy on dip
with BLDP
(08:42 am) Mitch King:watching PLUG for micro
long
(08:42 am) Mitch King:monitoring VIPS for
trades
(08:47 am) Mitch King:looking for microshort
on VIPS
(08:57 am) Mitch King:monitoring GTN for 2nd
short, micro short but low priced stocks
(09:00 am) Mitch King:more downside on ENDP
drop here
(09:03 am) Mitch King:new high on TNA
(09:04 am) Mitch King:watching WBMD for micro
trades both ways
(09:07 am) JoeyTSA :eye on /NQ 3720, been
tested a few times so far
(09:08 am) Murano :watching ADHD
(09:11 am) Mitch King:high of day on SPWR,
JKS similar. TSL good microtrades, all
solar
(09:23 am) Mitch King:watching to cover VIPS
microshort, turned into $4
(09:39 am) Qwert :monitoring RAI
(09:40 am) JoeyTSA :CCIH getting vol
(09:51 am) JoeyTSA :eye on/CL $103
(10:48 am) Mitch King:micro short here on
CCIH
(10:54 am) Mitch King:consider covering CIH
(10:59 am) Murano :watching NTAP
(11:00 am) Mitch King:monitoring WBMD for
microshort,, take time
(11:26 am) JoeyTSA :eye on SFUN
(11:37 am) Murano :watching SNTA
(11:41 am) JoeyTSA :STX vol spike
(11:51 am) JoeyTSA :eye on SCTY
(11:54 am) Mitch King:good 2nd helping short
on SNTA soon
(12:26 pm) Murano :watching NSM
| (05:12 am) rd :morning to all
(05:25 am) JoeyTSA :Good morning
Qwert,traders..only report i see is the
ibd/tipp economic optimism @ 7pdt
(05:32 am) devo :GM everyone. nice rebound
from yesterday
(05:43 am) JoeyTSA :yeah devo, something
caused a spike up overnight
(05:43 am) devo :russia said there is no
immediate threat to Ukraine
(05:43 am) devo :pulled troops back a bit
(05:44 am) JoeyTSA :oh ok
(05:45 am) devo :its like Putin played a
hand to see what the world would do, pulled
back and is rethinking his next play
(05:46 am) JoeyTSA :see how much he can get
away with?
(05:47 am) JoeyTSA :using 1860,1865 for /ES
(05:47 am) JoeyTSA :103.30.103.80 for /CL
(05:48 am) devo :thats how i see it Joey buy
who knows..??? I’m no world leader but Putin
seems to make his own rules and do what he
wants
(05:48 am) JoeyTSA :if /NQ can hold 3700,
should be a bullish sign
(05:53 am) skydiver :gm all
(05:54 am) Qwert :Good morning everyone
(05:59 am) devo :GM Sky and Qwert
(06:00 am) skydiver :gm devo
(06:04 am) Qwert :gm devo
(06:13 am) Murano :good morning
(06:25 am) Qwert :gm murano
(06:27 am) Murano :good morning qwert
(06:32 am) regatta :watching DANG
(06:35 am) JoeyTSA :im being cautious at the
moment
(06:35 am) alan3 :Thanks Mitch.
(06:35 am) skydiver :thnx as well Mitch . .
. and joey
(06:39 am) JoeyTSA :eye on /ES might try a
run to 1870
(06:40 am) JoeyTSA :/CL trying to hold S2
(06:45 am) JoeyTSA :PLUS been strong on
daily, $7 giving issues rigth now
(06:47 am) JoeyTSA :CARA is a stock im not
familiar with, but has been hitting my
scanner the past week or so..keep it on swing
radar
(06:49 am) JoeyTSA :good to see /NQ hold
3700, might be some stops around 3717
(06:57 am) JoeyTSA :3717 res holding so far,
if it gets taken out..could really run
(06:58 am) JoeyTSA :same with 1868 on /ES
(06:59 am) Mitch King:watching SSP for top to
short
(07:00 am) JoeyTSA :waiting for next PLUG
entry
(07:02 am) JoeyTSA :cant believe i missed
YNDX bounce
(07:05 am) JoeyTSA :great moves on VIPS
(07:05 am) Mitch King:me too joey, i focused
on short of YNDX,
(07:05 am) JoeyTSA :i was on PLUG, indices
(07:13 am) JoeyTSA :QIHU strong so far
(07:23 am) JoeyTSA :1838, 3717 still areas to
watch
(07:23 am) JoeyTSA :radio shack closing 1100
stores
(07:24 am) JoeyTSA :now where will i find
that adapter to plug my laptop into my car
cigarette lighter 🙂
(07:31 am) Mitch King:radio shack is like 115
years old or something joey, cant compete
now
(07:31 am) JoeyTSA :agreed, but they were
trying to at least
(07:31 am) JoeyTSA :break time, back in 20
(07:31 am) skydiver :enjoy joey
(07:53 am) skydiver :time is up for me . . .
see you all tomorrow – thnx again 🙂
(07:55 am) Qwert :cya sky
(08:01 am) JoeyTSA :1870 , 3720 both hit
(08:01 am) devo :FB with a big purchase
again
(08:01 am) JoeyTSA :on /ES , /NQ
(08:05 am) devo :i guess Radio shacks big
superbowl commercial and store remodels
havent done much to help
(08:05 am) JoeyTSA :nope, but great
commercial
(08:06 am) JoeyTSA :swing traders : JO,
coffee ETN has been a good play also
(08:06 am) devo :my neighbors – in their
20’s – didn’t understand most of it. ha
(08:06 am) JoeyTSA :how could they 🙂
(08:11 am) JoeyTSA :closer eye on /ES
(08:15 am) devo :you watching that 1866
level Joey?
(08:20 am) JoeyTSA :actualy 1868, 1870
(08:21 am) JoeyTSA :technically 1868.50 is
the key level
(08:28 am) JoeyTSA :VIPS all over the place
today
(08:37 am) Mitch King:feels like Kerry is
setting up to run for President
(08:38 am) JoeyTSA :dem fight with hillary
(08:38 am) Mitch King:this is weak language
to say “prefer”
(08:49 am) Mitch King:are you guys listening
to Obama?
(08:49 am) Qwert :no but now i am
(08:49 am) Mitch King:such a weak leader and
speaker, he really crumbles under pressure,
conflict
(08:50 am) Mitch King:he is lost at sea when
it comes to foreign policy
(08:50 am) JoeyTSA :yeah, not the strongest
backbone in presidential history
(08:50 am) Qwert :agree i think he is really
a weak leader
(08:51 am) devo :i cant watch, like nails on
chalkboard. depending on you guys for
anything big
(08:51 am) JoeyTSA :i just turned vol up when
Mitch mentioned it
(08:51 am) Mitch King:i think its because he
doesn’t understand history or core values of
the US and other western countries
(08:52 am) JoeyTSA :OBama sends cogress $3.9T
fiscal 2015 budget..up 6.8%
(08:53 am) Mitch King:he has had a lot of
military leaders, joint chief of staff, 2
former defense secretaries warning that the
military budget cuts will have negative
effects for many years
(08:53 am) devo :67 held in /ES hey Joey
(08:54 am) JoeyTSA :yeah devo, need a range
break, but that range is scalpable
(08:55 am) JoeyTSA :my political issue is
that dem logic makes no sense to me, and rep
logic sounds good but never works out like
planned
(08:55 am) Mitch King:the former defense
secretary, who just wrote that book, made
Obama look pretty bad.
(08:55 am) JoeyTSA :my brain keeps coming
back to a scary thought…
(08:56 am) JoeyTSA :both dem/rep were created
to keep us contained 🙂
(09:10 am) Mitch King:big spread in ADHD
murano, big enough for mac truck to drive
through
(09:13 am) Murano :ADHD need to fall closer
to 22 to be worthwhile
(09:14 am) devo :thats it for me guys. Have
a great day, make some great trades and ill
see ya tomorrow
(09:15 am) Murano :see you devo
(09:19 am) JoeyTSA :bye devo
(09:28 am) Mitch King:here is funny headline”
Putin blinks, stocks rally”
(09:31 am) JoeyTSA ::)
(09:51 am) Murano :volume spike APC
(10:00 am) JoeyTSA :break time, back in an
hour
(10:03 am) Murano :monitoring DG
(10:31 am) Murano :I thought DG would get a
little more volume and give a 50/60 cent
bounce
(10:37 am) freitag8 :DG at LOD
(10:43 am) freitag8 :Monitoring EXH for
bounce off $41ish to $41.50
(10:52 am) JoeyTSA :hey freitag, where ya
been?
(10:53 am) freitag8 :I been ok… took a few
weeks off to paper trade… my trading went
really bad… but all is well… hope you’re
doing well
(10:53 am) JoeyTSA :you back on track? all
is well here thanks
(10:54 am) Mitch King:freitag, did you get
mauled by /NG?
(10:54 am) freitag8 :well… we’ll see…
down over $10,000 for February… so I gotta
step in the pond slowly
(10:54 am) freitag8 :yes…
(10:55 am) Mitch King:yeah, i backed away
from it because it was too volatile, too
fast, i make more money when it is normal
conditions
(10:55 am) freitag8 :I been in the /YM
lately
(10:55 am) freitag8 :much slower
(10:55 am) JoeyTSA :ouch
(10:55 am) JoeyTSA :i like /YM, /NQ
(10:56 am) JoeyTSA :/ES is even slower i
feel
(10:56 am) freitag8 :i agree… more liquid
(10:57 am) Mitch King:you cant approach a
stock or futures instrument the same way when
the market action and forces are different.
it would be like mixing daytradibng
techniques to a swing trading or long term
investing technique
(10:58 am) freitag8 :agreed… now I use
technical indicators and trade on setups..
/NG & /CL are very different
(11:00 am) JoeyTSA :they trade differently,
but a pattern is a pattern to me
(11:00 am) freitag8 :I have more patience
with stocks
(11:00 am) Mitch King:yeah stocks are a lot
easier to trade than futures
(11:00 am) freitag8 :/YM is getting active
(11:01 am) JoeyTSA :probably top of the hour
awakening 🙂
(11:02 am) freitag8 :yup, they must be back
from lunch
(11:03 am) freitag8 :i took a page from Ed’s
training… only risk $100 a day now.. and
loo
(11:03 am) freitag8 :… and look for $200
(11:03 am) JoeyTSA :forces you to position
size?
(11:04 am) freitag8 :exactly and be patient
(11:04 am) freitag8 :but I find I micro
trade more… gotta stop that
(11:04 am) JoeyTSA :some do it by account
siz
(11:04 am) JoeyTSA :size..ie: risk only 1 or
2%
(11:05 am) JoeyTSA :as long as the plan is
good and you follow it though
(11:05 am) freitag8 :ya… I have a pretty
high risk tollerance so I look at the trade
itself… but Portfolio size is a good way to
do it too
(11:06 am) JoeyTSA :can be done for swings
like that too
(11:06 am) freitag8 :going short YNDX here
(11:09 am) freitag8 :covering half YNDX
(11:12 am) freitag8 :got my cover signal…
all out YNDX
(11:15 am) freitag8 :still holding EXH from
$41.12
(11:20 am) freitag8 :eye on LULU short @
$49.90
(11:21 am) Murano :out 3/4 DG
(11:23 am) Murano :out all NTAP don’t like
the way it is acting
(11:25 am) Murano :out last 1/4 DG
(11:25 am) JoeyTSA :nice job Murano
(11:25 am) freitag8 :Just gonna say that
(11:26 am) Murano :thanks Joey
(11:27 am) JoeyTSA :saw SFUN hit about 20min
ago and let it go..missed a good long
(11:28 am) freitag8 :just got my sell signal
on LULU… short at $49.90
(11:30 am) Mitch King:the chart on lower left
is a 3 min chart on TNA, which is a 3x
Russell 2000 small cap index
(11:38 am) Mitch King:Putin is pretty much
backing down now, says the Russian troops are
holding military exercises but stands ready
to protect Russians inside Ukraine. trying
to save face
(12:22 pm) freitag8 :i think this is all I’m
gonna get on EXH… closing at $41.39
(12:24 pm) freitag8 :LULU I will have to
hold over til tomorrow
(12:24 pm) JoeyTSA :you’re short LULU
correct
(12:34 pm) freitag8 :yes
(12:34 pm) freitag8 :@49.90
(12:35 pm) JoeyTSA :range way too small for a
scalp for me
(12:37 pm) freitag8 :I’m lookin for $49.25
(12:39 pm) freitag8 :it found support
yesterday about $49.15 and today is an Inside
day
(12:43 pm) JoeyTSA :Thanks Mitch, Murano,
Qwert, traders..have a great day, see you
tomorrow
(12:44 pm) Murano :see you Joey
(12:44 pm) JoeyTSA :keep eye on ACAD
(12:50 pm) freitag8 :Bye every1
(12:51 pm) freitag8 :thanks for all the
great calls
(12:51 pm) Murano :done for the day, see you
tomorrow
(12:55 pm) Qwert :bye everyone have a great
night
(01:03 pm) Mitch King:see you later guys
|