[05:59 am] Ed : good morning traders
[06:19 am] Brent : good morning
[06:19 am] Kris : good morning everyone!
[06:19 am] Kris : I hope everyone had a quick
recovery
[06:19 am] Kris : let’s make this our best
year yet!
[06:21 am] Kris : we should start to see
volume coming back in today
[06:22 am] Kris : CTRP, INFA, MT and RIO on
the short side
[06:22 am] Kris : positive economic news out
of china and first trading session of 2012
derns[06:22 am] Kris : Today I’m watching
APOL, CAG, CTAS, CVS, TS, PCX, WMB and BBL on
the long side
[06:25 am] Kris : I’m gonna be patient off
the open and see if we can hold this gap
before filling up on the long side.
[06:27 am] Mitch K: Germany’s market on
Monday was up 3% and up another 1.24% right
now so we should open up very strong this
morning
[06:30 am] Kris : not chasing it this far
[06:30 am] Kris : will watch URBN for a
pullback to take long
[06:31 am] Kris : TEVA long half
[06:32 am] Kris : will watch AVGO for a
pullback to start entering long
[06:33 am] Kris : TEN long half
[06:33 am] Mitch K: watching APKT for quick
short
[06:34 am] Kris : watching CNX for a short
[06:34 am] Kris : watching CRM for a short
[06:34 am] Mitch K: watching TRIP for
short
[06:35 am] Kris : long second half TEVA
[06:36 am] Brent : watching SNDK for a
bounce
[06:36 am] Kris : watching LULU for a
short
[06:37 am] Kris : EGO long half
[06:37 am] Kris : watching PANL for a long
[06:38 am] Brent : watching FE for a
bounce
[06:38 am] Kris : will watch NOV for a
pullback to take long.
[06:38 am] Mitch K: CRM toppy
[06:38 am] Mitch K: watching TRMB for a
bottom to buy; letting this one drop a lot
more though
[06:39 am] Kris : SPY still holding the gap,
see if we get a higher low on the pullback
[06:40 am] Kris : watching RIMM for a
short
[06:40 am] Kris : will also watch CERN for a
pullback to take long
[06:41 am] Kris : BMRN setting up for a short
reversal soon
[06:42 am] Kris : watching ANN for a long,
coming into support
[06:43 am] Kris : watching SNDK for a long
[06:45 am] Kris : accelerate, looking for a
long soon
[06:45 am] Kris : PANL starting to
accelerate
[06:46 am] Kris : PANL support around that
33.50 area
[06:47 am] Kris : seeing some sellers coming
in here, watch for SPY to hold lod or higher
low
[06:48 am] Kris : PANL long half
[06:48 am] Kris : watching MAKO for a
short
[06:49 am] Kris : long small piece AVGO
[06:49 am] Kris : saving 3 more bullets
AVGO
[06:50 am] Mitch K: consider covering most of
APKT short
[06:51 am] Brent : watching COG for a
bounce
[06:53 am] Mitch K: MAKO toppy
[06:57 am] Mitch K: consider reducing TRMB
long
[06:58 am] Mitch K: watching EXC
[06:59 am] Kris : PANL long second half
[07:00 am] Kris : out half NOV long
[07:01 am] Mitch K: watching for 2nd short on
FOSL; missed first
[07:02 am] Kris : SPY testing hod[07:03 am]
Kris : AVGO trying for new hod[07:03 am] Kris
: out half TEN long
[07:04 am] Ed : keep an eye on AVEO
[07:04 am] Kris : TEVA about to test
hod[07:06 am] Kris : watching RIMM for
another short
[07:08 am] Kris : it doesn’t shoot up and
it’s a dog
[07:08 am] Kris : lol, you guys are
funny..
[07:08 am] Kris : out half TEVA long
[07:08 am] Kris : there’s no crying in
baseball
[07:09 am] Kris : out another 1/4 TEVA
long
[07:09 am] Mitch K: watching TRMB for top to
sell long; possibly to short eventually
[07:10 am] Mitch K: watching MTN for bottom
to buy
[07:12 am] Kris : watching TRW for a short
[07:12 am] Kris : will probably pass on TRW,
looking too trendy, not enough money in that
for me.
[07:13 am] Kris : RIMM building trendline
support
[07:17 am] Kris : MAKO long half
[07:19 am] Kris : good eye joey, SPY tight
consolidation
[07:23 am] Kris : is this gonna fix RIMM’s
problems?
[07:23 am] Kris : lol[07:24 am] Mitch K:
looking for EXC to move up faster
[07:27 am] Mitch K: TRMB toppy
[07:32 am] Kris : out half PANL long
[07:58 am] Kris : EGO out half long
[08:00 am] Brent : URI coming into possible
support
[08:00 am] Kris : SPY still holding trendline
support
[08:03 am] Brent : don’t get greedy on URI if
you took it long
[08:23 am] Ed : watching SPRD
[08:31 am] Ed : reduce SPRD
[08:38 am] Brent : CVX new hod[08:39 am]
Mitch K: GMCR trending up
[08:40 am] Ed : out 1/4 SPRD
[08:58 am] Ed : moving stop to 19.21 last 1/4
SPRD
[09:15 am] Ed : all out SPRD
[09:20 am] Mitch K: watching QCOR
[09:23 am] Mitch K: anyone short TRMB
still?
[09:23 am] Mitch K: slow drip- down
[09:32 am] Brent : SPY at lod[09:49 am] Mitch
K: watching WTW
[10:19 am] Brent : SPY testing resistance
here
[10:48 am] Mitch K: crm came all the way down
to starting point
[12:06 pm] Mitch K: looking for a short here
WYN
[12:06 pm] Mitch K: not Wynn Resorts but
Wyndham Worldwide
[12:12 pm] Kris : break time, be back in
30
[12:46 pm] Mitch K: LONG swing trade ideas:
PRGS, CETV, VAC, UA, PSE, PAY, PNR, GMCR,
JOY, BBY
[12:48 pm] Brent : MBI alert
[12:52 pm] Mitch K: also looking at ARBA for
long
[12:52 pm] Mitch K: for swing trade long on
ARBA, not scalp
[12:59 pm] Mitch K: watching for SHORT swing
trades: PEG, CETV, VAC,
[01:00 pm] Brent : have a great night, see
you all tomorrow
[01:00 pm] Ed : have a great evening
traders
[01:01 pm] Mitch K: ARBA approaching a buy
point soon, not quite yet but prob next 2-3
days; wait for ARBA to give you a long
signal,
[01:01 pm] Mitch K: later guys
[01:14 pm] Kris : have a good night everyone.
see you all tomorrow
|
[06:01 am] mikewd2 -: lots of huge gaps up
and down this morning
[06:02 am] joeytsa : yeah i see that..maybe
people are excited to trade again
[06:02 am] joeytsa : positive feel to the
markets so far
[06:04 am] joeytsa : Schwab users : the
latest version of StreetSmartEdge has VWAP
now
[06:07 am] shark : GOOG up $9.54
premarket
[06:07 am] shark : looks like it could get
back to its all time high this year
[06:07 am] joeytsa : dow futures up $199,
nas 100 up $39
[06:07 am] joeytsa : yeah i keep hearing
$700 target
[06:08 am] joeytsa : a little too rich for
my blood 🙂
[06:08 am] rusty : RAYS gapping down, big
negative article out on RAYS yesterday
[06:12 am] joeytsa : ISM manufacturing and
construction spending #’s out at 7am
pst[06:18 am] rusty : watching SHLD for
oversold play…but not going to chase it on
gap up
[06:18 am] joeytsa : SHLD jumping on new
hiring
[06:22 am] derns : does anyone know why the
big jump in pre-market today?
[06:22 am] doji : It seems this year that
all the problems with EU has gone away…
people are too excited to push the market
up
[06:32 am] cowboyh : watching apol[06:32 am]
joeytsa : CF nice up more
[06:34 am] joeytsa : eye on MJN also
[06:35 am] shark : AEO pulling back
nicely
[06:36 am] joeytsa : MJN, beauty pullback
[06:38 am] doji : Nice Joey, last time I was
fried with MJN short
[06:39 am] shark : GOOG up $15
[06:41 am] joeytsa : yeah shark…it’s a
monster today
[06:41 am] shark : BIDU up 5%
[06:44 am] mikewd2 -: DMND moving
[06:47 am] shark : AEO filling gap nicely so
far
[06:48 am] joeytsa : CRM nice down move off
that lower high
[06:48 am] skydiver : CNX has been slowly
drifting down nicely 🙂
[06:49 am] joeytsa : CRM down move lined up
perfectly with 1st down move in the ES
[06:51 am] shark : CMG just about to it all
time new high
[06:52 am] sfarrill : MAKO
[06:52 am] rusty : iPad II Price To Drop To
$399 To Attack Kindle Fire
[06:54 am] rusty : RIMM alert
[06:54 am] rusty : news
[06:55 am] lightning : RIMM: founders ready
to step down.
[06:55 am] joeytsa : PANL a dog today
[06:56 am] joeytsa : WTW trying to make a
comeback?
[06:58 am] rusty : DLTR lod[06:59 am] rusty
: TRMB bounce
[06:59 am] rusty : tx for heads up Mitch
[07:05 am] joeytsa : TEVA hired new
president, former sr exec at BMY
[07:05 am] skydiver : Thanks for heads up
Mitch, Kris, and Ed – busy morning
[07:06 am] joeytsa : PANL looking for
lod[07:06 am] shark : CMG hod[07:06 am]
joeytsa : CF hod[07:07 am] doji : PANL
still a dog…
[07:08 am] mikewd2 -: hey, i’m long in that
dog
[07:08 am] joeytsa : that dog is getting
kicked
[07:08 am] Brent : lol[07:09 am] joeytsa :
maybe this time it will bottom though
[07:10 am] shark : CMG all time new high
[07:10 am] joeytsa : nice shark
[07:10 am] doji : Is that the stock Mitch
has been trading since 2010?
[07:11 am] rusty : RAM lod[07:11 am] shark
: 🙂 yes
[07:11 am] joeytsa : yeah doji[07:11 am]
lightning : S MAKO 27.80
[07:12 am] shark : CMG – deutsche upgraded
to $390
[07:13 am] joeytsa : kinda expensive for
tacos 🙂
[07:13 am] apple : gourmet
[07:17 am] lightning : stopped on MAKO
short
[07:17 am] joeytsa : watching BIDU
[07:19 am] joeytsa : the ES consolidating
between 1278-1279
[07:19 am] joeytsa : over 15 minutes
consolidating
[07:23 am] apple : nothing can fix RIMM’s
probs[07:24 am] joeytsa : only thing that
will fix RIMM is some lead behind the ear
[07:25 am] mikewd2 -: FST having a nice
day
[07:25 am] joeytsa : CRR interesting
[07:26 am] joeytsa : don’t see too many
50cent gaps between candles during the day
[07:26 am] joeytsa : lower vol stock must be
why
[07:31 am] lightning : watching SPRD for
possible bounce
[07:32 am] mikewd2 -: PANL moving
[07:38 am] shark : LULU new hod[07:40 am]
skydiver : sina jumping up
[07:50 am] lightning : ITMN dropping
[08:02 am] mikewd2 -: silver continues to
fly, AGQ up nice
[08:07 am] mikewd2 -: out DANG 2% gain
[08:08 am] go4it : nice!!
[08:09 am] shark : dang it, missed that one.
nice one, mikewd2
[08:11 am] apple : good job mike.
[08:11 am] Ed : nice trade mike
[08:14 am] mikewd2 -: ty[08:16 am] observer
: way 2 go mikewd2
[08:22 am] mikewd2 -: FIO
[08:22 am] shark : FIO upgraded
[08:25 am] mikewd2 -: no short shares at
TS
[08:25 am] mikewd2 -: SPRD 3 min fade
[08:26 am] mikewd2 -: SPRD L 18.75
[08:30 am] mikewd2 -: out half SPRD 19.01
[08:31 am] Brent : good one Eddie
[08:32 am] mikewd2 -: closed SPRD 19.24
[08:32 am] mikewd2 -: ty Ed
[08:32 am] Ed : nice trade mike
[08:34 am] monster : question for ED, how
come you reduce SPRD already when the macd
just cross and the stoch 5/15 just cross
[08:35 am] Ed : I reduce a portion at my 1st
target to get ahead of the trade
[08:36 am] scalpman : Out 1/2 SPRD L
[08:36 am] garyb : Hi all….Made some great
money on SPRD…thanks ED!! You ROCK!!
[08:36 am] mikewd2 -: PANL bouncing
[08:37 am] Ed : way to go garyb[08:37 am]
garyb : First big win of the
day/year……nice!
[08:37 am] shark : interesting MCD chart
today -after 31% run in 2011
[08:39 am] Ed : the other thing also monster
is that i was up over 2% and wanted to take
some off table
[08:39 am] mikewd2 -: SINA continues to
climb
[08:39 am] scalpman : Out another 1/4 SPRD
L
[08:39 am] shark : BIDU 2, mikewd2
[08:40 am] shark : some profit taking coming
in
[08:51 am] Ed : monster I trade price action
using “key” support/resistance levels
[08:51 am] shark : GRPN ugly today
[08:59 am] shark : GOOG new hod[08:59 am]
mikewd2 -: DANG continues to move up, dang
it
[08:59 am] shark : YEAH!
[08:59 am] shark : ditto the dang
[09:04 am] rusty : WJB Capital Group Inc.,
the WallStreet firm with more than 100
employees, is shutting its brokerage
operations amid “financial issues,”
according to its main attorney.
[09:06 am] joeytsa : NFLX quick spike
[09:06 am] apple : NFLX hod[09:07 am] Ed :
brokerage houses have been getting the
squeeze last 10 years
[09:07 am] Ed : only will get worse going
forward
[09:07 am] jimmyp : hello all, good to be
back, was jjammerp before
[09:07 am] shark : welcome back jimmy (aka
jjammerp)
[09:08 am] apple : hey jimmy – happy new
year, how are you?
[09:08 am] joeytsa : welcome back
[09:08 am] Kris : welcome back jimbo[09:08
am] Ed : hey there jimmyp, welcome back
[09:08 am] qwert : watching rost[09:11 am]
joeytsa : QCOR bit of a spike down
[09:11 am] joeytsa : 40cents?
[09:14 am] shark : RIMM pulling back
[09:15 am] joeytsa : same with BIDU
[09:17 am] shark : SPY DIA approaching for
test of lod[09:17 am] joeytsa : tighten stop
on QCOR if short
[09:25 am] qwert : i moved stop down to
tight on trmb out at 42.55
[09:26 am] qwert : was short from 42.81
avg.
[09:28 am] jimmyp : double top in C
[09:28 am] jimmyp : strong trend though
[09:28 am] qwert : yeah i know i can’t even
figure out why i moved it there other than
just over the 42.50 area was in a couple
other trades at the time
[09:28 am] qwert : killing me now !!!
[09:29 am] go4it : Let it go
[09:30 am] apple : go4it is right, move on,
soldier
[09:30 am] qwert : oh i have just goofing
around its already forgotten
[09:31 am] go4it : good!
[09:32 am] shark : possible gap fillers
coming into play here
[09:33 am] go4it : I’m in but i’m sim
trading it wish I was live
[09:33 am] joeytsa : yeah shark
[09:34 am] joeytsa : MA down
[09:36 am] mikewd2 -: OPEN
[09:36 am] shark : nice one mike
[09:38 am] mikewd2 -: not great volume
[09:38 am] joeytsa : BIDU broke support and
ran right down to the VWAP
[09:42 am] joeytsa : i didn’t see any “bad”
news come out
[09:42 am] zentrader : ICLR
[09:45 am] mikewd2 -: SINA giving it back
[09:46 am] go4it : target open 38.50?
[09:47 am] shark : CRM FFIV both nice down
trends
[09:49 am] shark : LULU testing lod[09:52
am] go4it : out open 38.60 thx Mike
[09:52 am] mikewd2 -: nice, i’m out half
[09:53 am] joeytsa : nice call mike, great
trade go4it
[09:54 am] go4it : best part mike that one
was live!
[09:54 am] rusty : EMB light radar
[09:54 am] mikewd2 -: great
[09:55 am] rusty : PCY radar
[10:14 am] rusty : AZO radar lod[10:16 am]
victor51 : Hi Qwert, Have you found a work
around to access Trading Room using Ipad ? i
was not successful last week
[10:18 am] mikewd2 -: PANL recovered a
point
[10:18 am] joeytsa : was just looking at the
mike
[10:19 am] joeytsa : same with CF..both
flashed across same time
[10:20 am] lightning : out QCOR, thanks
MK
[10:30 am] rusty : RAM slowly giving up the
ghost
[10:31 am] go4it : are we short QCOR now?
[10:32 am] zentrader : NP
[10:35 am] mikewd2 -: Dollar General to open
625 new stores, create more than 6,000 jobs
in 2012
[10:36 am] joeytsa : 10 jobs/store?
[10:36 am] mikewd2 -: that’s what i was
seeing
[10:37 am] joeytsa : somebody is gonna be
real busy stocking crappy items
[10:38 am] rusty : time to short those
dollar stores
[10:38 am] joeytsa : it’s always fun to walk
into the dollar store and ask how much things
are 🙂
[10:38 am] rusty : DLTR DG etc[10:38 am]
mikewd2 -: at some point i would think
[10:39 am] rusty : i started a swing short
on DLTR last week
[10:39 am] joeytsa : you would think that if
those stocks start dropping either things are
getting better or it’s the end of the line
for the economy?
[10:40 am] joeytsa : thinking that dollar
stores do better when people have no
money?
[10:40 am] monster : wyn[10:40 am] lightning
: I wonder how the euro stores are doing
🙂
[10:41 am] joeytsa : what happens to stocks
like MA/V in a few weeks when people realize
they can’t pay their holiday bills?
[10:41 am] rusty : MA and V go up
[10:41 am] rusty : lol[10:41 am] joeytsa :
MA is down almost $7 today
[10:42 am] rusty :
http://www.traddr.com/profiles/blogs/stock-ma
rket-rally-could-be-seen-on-charts-last-week<
br />
[10:42 am] rusty : see…everyone knew last
week that the market was going to be up
today, lol[10:42 am] rusty : that’s why they
sold last week
[10:43 am] joeytsa : haha and here goes MA
with a big up move
[10:45 am] rusty : FSLR hod[10:46 am]
joeytsa : CF hod[10:49 am] joeytsa : CRM
has been nice the past month
[10:52 am] joeytsa : still can’t figure out
why Lightspeed’s pivots are set differently,
but CRM played them nicely
[10:53 am] joeytsa : FOMC minutes coming up
also
[10:55 am] apple : are you using Lightspeed
charts or esignal, joey
[10:58 am] victor51 : Joey, what’s pivots/
Are they same as reversal points
[11:02 am] lightning : victor, here is more
than you want to know:
http://en.wikipedia.org/wiki/Pivot_point
[11:06 am] mikewd2 -: nice 2% bounce in
FST
[11:07 am] rusty : RAM lod[11:13 am] joeytsa
: not sure if pivot and reversals are the
same thing
[11:14 am] rusty : SO radar
[11:16 am] victor51 : Lightening and Joey,
Pivot points are only for market indexes or
can be applied to individual stock
[11:17 am] joeytsa : individual stocks
[11:17 am] joeytsa : what platform do you
use & most have them as a study
[11:19 am] Brent : anyone new to the room in
2012?
[11:19 am] yves : Yes
[11:19 am] mikewd2 -: go PANL
[11:19 am] rusty : SHLD lod[11:19 am] rusty
: comon down
[11:19 am] Brent : welcome yves. There is a
documents folder in the lower right of the
Trading Room with some useful information you
can download
[11:20 am] apple : hello yves. welcome
[11:20 am] Ed : welcome to the room
yves[11:20 am] joeytsa : welcome to the room
yves[11:21 am] victor51 : Welcome Yves and
wish you the best in 2012
[11:21 am] victor51 : Joey, i use Trade
Station
[11:21 am] yves : Thank you all
[11:22 am] yves : I’ll check them after
market
[11:24 am] rusty : started RAM short into
that spike
[11:31 am] rusty : CHK hod – CNBC went short
Friday
[11:39 am] joeytsa : victor: i dont know
anything about tradestation, but I’m sure
it’s in there if you want to check it out,
just another support/res study
[11:42 am] joeytsa : FOSL near lod[11:42 am]
zentrader : how’s everyone doing today?
what a great trading day!
[11:42 am] apple : great!
[11:42 am] joeytsa : agreed zen[11:43 am]
zentrader : glad to hear it. Ironically, I
made most my money on the short side
[11:44 am] jimmyp : hard for me to believe C
is worth 8% more today than on Friday.
[11:45 am] rusty : MKTX radar
[11:46 am] zentrader : I’m with Mitch, my
predilection is to the short side. But I had
quite a few good long trades today
[11:46 am] rusty : thin volume MKTX
[11:46 am] zentrader : too thin
[11:47 am] apple : i agree too zen, i think
short will be the way to go
[11:47 am] jimmyp : I traded the indices and
watched how stocks reacted. The picture is
more complete now and I have more confidence
in what I am doing.
[11:47 am] apple : well we’re glad to have
you back jimmy
[11:47 am] zentrader : some days are silly.
like going to an ATM machine. I remember
Adriano telling me that once and I could not
relate back then. Now I see
[11:48 am] joeytsa : good to hear jimmy
[11:48 am] victor51 : Zen, Thanks for NP. I
am still trying to get more juice
[11:48 am] joeytsa : yeah zen…just take
what is given
[11:49 am] zentrader : I don’t usually trade
those – too light of volume. But I did trade
NP today. I’m still long 1/4 position from
entry at 22.38
[11:50 am] jimmyp : Funny thing is that my
wife says I trust people to easy, but I could
never trust what i saw here until I could
better understand why. It’s been an
interesting discovery period.
[11:50 am] victor51 : Zen, i agree about low
volume but Fidelity has a score of 9.8 out of
10
[11:50 am] zentrader : right Joey
[11:52 am] zentrader : what does that mean
Victor 9.8 out of 10 – is that an IBD rting
or something?
[11:52 am] jimmyp : my advice is trust what
see here and make money while you are
learning! It’s much funner[11:52 am]
victor51 : Mitch, trailing stop took me out
but Qcor looks good
[11:53 am] zentrader : victor – you use
trailing stops for your day trades?
[11:53 am] victor51 : Zen, It’s average
score of analysts for long term investment
and indicates bullish stock
[11:54 am] joeytsa : victor: are you
investing in that stock?
[11:57 am] apple : NFLX trending all day
[11:58 am] joeytsa : nice apple
[12:01 pm] joeytsa : BIDU getting
interesting
[12:01 pm] victor51 : Zen, What tool did you
use to find NP
[12:02 pm] zentrader : CP on news
[12:02 pm] zentrader : no trade there, just
pointing out
[12:03 pm] rusty :
http://blogs.wsj.com/marketbeat/2012/01/03/wh
y-morgan-stanley-sees-stocks-falling-7-this-y
ear/?source=email_rt_mc&ifp=0
[12:03 pm] zentrader : victor: not sure
about NP – I have 7 monitors in front of me
all running different things, don’t remember
where I got NP
[12:04 pm] apple : SPY dropping
[12:06 pm] victor51 : I have connected
second monitor to my lap top. What do I need
to add two more monitor to the same lap top.
Do you have some special video outlet
plug?
[12:06 pm] Brent : you can use a USB adaptor
victor. I’ll post the link here
[12:07 pm] zentrader : btw, I am trying out
this MacDictate software that will allow me
to post things here without typing
[12:07 pm] zentrader : I’ll let you know how
it goes…
[12:07 pm] Brent :
http://www.amazon.com/Kensington-Universal-Mu
lti-Display-Adapter-Black/dp/B002F9NSMQ/ref=s
r_1_1?ie=UTF8&qid=1325621257&
sr=8-1
[12:07 pm] Brent : these work well Victor
[12:10 pm] zentrader : Wymnn looking
toppy
[12:11 pm] shark : GOOG up $19
[12:14 pm] shark : CMG new lod[12:16 pm]
joeytsa : didnt CMG hit alltime high earlier
today?
[12:16 pm] shark : yes
[12:16 pm] joeytsa : one heck of a move
today for them
[12:17 pm] joeytsa : up7+,down 8
[12:17 pm] shark : CMG up 59% in 2011
[12:17 pm] rusty : DLTR lod[12:17 pm] apple
: joey, DLTR dropped about 2 pts today
[12:18 pm] mikewd2 -: nice short rusty
[12:19 pm] victor51 : Thanks Brent and
Zen
[12:19 pm] joeytsa : i see that
apple..hmmm[12:19 pm] joeytsa : maybe on the
DG news?
[12:21 pm] apple : could very well be
[12:23 pm] jimmyp : anyone short wyn?
[12:24 pm] apple : no
[12:24 pm] michael : yes jimmyp, @ .64, stop
at .68
[12:25 pm] jimmyp : short at .63 stop .72
[12:26 pm] joeytsa : any esignal users using
the “hot list” for anything special? Is
there 1 scan that seems better?
[12:26 pm] joeytsa : just found it yesterday
actually, so i just have it set for point
gainers
[12:27 pm] michael : it’s between two
levels, that’s why I’m not giving WYN much
room. needs to get below 37.50 and pick up
speed
[12:28 pm] joeytsa : WYN made a triple top
at some resistance, not far from 1st support
level
[12:28 pm] jimmyp : just moved my stop to
entry see what happens
[12:30 pm] lightning : Joey, in hot list,
very short term up and very short term down
are interesting screens
[12:30 pm] joeytsa : just took a quick
glance, will follow them more tomorrow
thanks
[12:33 pm] joeytsa : zen: what were your
thoughts on madscan?
[12:34 pm] joeytsa : lightning: what i did
was link the ‘hot list’ to 1 chart, and
another esig chart linked to
madscan/lightspeed[12:35 pm] joeytsa : CRM
might give some downside
[12:35 pm] lightning : good plan joey
[12:36 pm] joeytsa : have you tried getting
2 hot lists up at the same time? not sure
it’s possible
[12:37 pm] jimmyp : out wyn, scratch
[12:38 pm] joeytsa : AMZN hod[12:39 pm]
shark : yeah, j
[12:42 pm] lightning : i’m trying
[12:42 pm] michael : I’m out here too
jimmyp, not confident in either direction
now
[12:43 pm] lightning : yes, you can joey.
[12:44 pm] lightning : There is a symbol in
the tool bar for hotlists…it’s the one with
the green arrow up and red arrow down.
[12:44 pm] lightning : You can hit that as
many times as you want it seems
[12:44 pm] jimmyp : sellers are trapped at
this point, unless the market tanks the last
15
[12:44 pm] joeytsa : you are the man
lightning !!
[12:46 pm] rusty :
http://www.tickerville.com/2011/12/30/why-you
-will-fail/ good piece on trading
psychology
[12:46 pm] joeytsa : then you can link each
one to separate charts
[12:46 pm] apple : cool, thx light
[12:47 pm] joeytsa : thanks mitch…market
internals seem like they want to be
bullish
[12:47 pm] joeytsa : NYSE BPI went from
oversold, to a bullish reversal to a buy
signal..
[12:47 pm] apple : thx MK – WHR worked out
very well
[12:48 pm] joeytsa : 20 week ma seems like
it wants to cross the 40wk also
[12:48 pm] lightning : sure did. so did
FIRE (exited early today), FII (out 2/3
already) and EMR
[12:49 pm] joeytsa : just saw that Brent
thanks
[12:50 pm] jimmyp : what was the news?
[12:50 pm] zentrader : won a ruling
[12:50 pm] lightning : MBI won a summary
judgment against Countrywide
[12:51 pm] lightning : MBIA wins judgment
over Bank of America’s Countrywide unit,
Bloomberg reports :theflyonthewall.com
[12:52 pm] qwert : bye everybody thanks for
a great day, super calls today
[12:53 pm] Ed : c ya qwert[12:54 pm] joeytsa
: Mitch: you had ARBA as a short on the last
dsr, you think its bottoming?
[12:54 pm] mikewd2 -: great day everyone, cu
tmrw[12:55 pm] Ed : c ya mike
[12:57 pm] joeytsa : CRM turned into a nice
short
[01:01 pm] apple : thx MK, K, B and E and
everyone. have a wonderful evening.
[01:11 pm] victor51 : Good start after two
weeks of holiday break. Thanks everyone at
TSA and core group here. See you tomorrow
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