[06:08 am] Ed : good morning traders
[06:12 am] Kris : good morning patients
[06:13 am] Kris : for breakfast we are
serving WBMD, LIZ, CIE, ADP, AMGN, CAG and
GPC as possible long trades.
[06:13 am] Kris : so a full menu this
morning
[06:13 am] Kris : we also have TIF, REGN,
ELX, EXPE and NUVA on the short side.
[06:16 am] Kris : SPY gapping up this morning
over resistance from the past 5 sessions
[06:17 am] Kris : look to see if we can hold
this gap off the open and we could test
129.50 then up into 130.00
[06:17 am] Kris : the market knows
[06:18 am] Brent : good morning
[06:18 am] Kris : if we get selling into this
gap, look for 128.30 as solid support
[06:27 am] Kris : 3 minutes, let’s make it
rain up in here!
[06:29 am] Kris : I wonder if it will be
close to the estimates
[06:29 am] Kris : lol[06:30 am] Kris : here
we go
[06:30 am] Kris : REGN short half
[06:30 am] Kris : TIF short half
[06:30 am] Kris : UNP long half
[06:31 am] Kris : ELX short half
[06:32 am] Kris : CAT long half
[06:32 am] Kris : NFLX short half
[06:33 am] Kris : REGN short second half
[06:34 am] Kris : MTL long half
[06:35 am] Brent : watching UAL for a bounce,
would like to see more selling first
[06:35 am] Kris : out half NFLX short
[06:35 am] Kris : SPY holding gap, looking
for a new hod[06:36 am] Kris : out half REGN
short
[06:36 am] Mitch K: watching for top to short
in KRO
[06:37 am] Kris : out another 1/4 NFLX
short
[06:37 am] Kris : out another 1/4 REGN
short
[06:38 am] Kris : TIF testing lod, see if we
can get a break to new lows
[06:38 am] Kris : UNP new hod[06:40 am] Kris
: all the fricken money I spent in your
stupid stores
[06:40 am] Kris : DIE
[06:40 am] Kris : DIE TIF DIE
[06:40 am] Kris : I’ve been waiting years to
say this
[06:40 am] Kris : out half ELX short
[06:41 am] Kris : consider taking it on a
pullback
[06:41 am] Kris : GILD breaking out, don’t
chase it here
[06:41 am] Mitch K: NNN toppy
[06:42 am] Kris : LULU strong, holding the
gap
[06:42 am] Mitch K: watching for long in
HCA
[06:43 am] Kris : NFLX new lod[06:44 am] Kris
: oh man, am I gonna have to hold this piece
of NFLX all day, let me consult my crystal
ed-ball
[06:44 am] Mitch K: watching for bottom in
DNDN
[06:45 am] Brent : watching UHS for a
bounce
[06:45 am] Kris : YOKU long half
[06:46 am] Kris : CAT testing hod[06:48 am]
Kris : watching VRX for a long
[06:48 am] Mitch K: CTXS toppy
[06:50 am] Kris : I want to close this NFLX
short but I know what will happen
[06:51 am] Kris : TIF dead cat bounce, look
for new lows soon
[06:53 am] Kris : watching DNDN for a long
[06:53 am] Mitch K: NFLX bouncing
[06:55 am] Kris : REGN heading towards lod
support, see if it can breakdown
[06:56 am] Kris : look to cover another piece
of ELX if you got it short
[06:57 am] Brent : consider reducing UAL if
you got it long
[06:57 am] Kris : MTL starting to move up,
will close half of that long soon
[06:58 am] Kris : UHS starting to look
interesting for the long
[06:58 am] Kris : would like to see 37.00
[07:01 am] Brent : SPY testing hod[07:03 am]
Mitch K: consider selling NFLX if long
[07:03 am] Mitch K: monitoring CRL for top to
short
[07:04 am] Mitch K: watching MELI for
short
[07:06 am] Kris : watching ITMN for a long, I
like 15.40 to 15.20 for support
[07:09 am] Kris : look for the market to stay
strong today barring any major news
[07:10 am] Kris : HITK could put in more of a
rounded bottom
[07:12 am] Kris : I closed half and got
stopped second half BE mhaus[07:17 am] Brent
: consider reducing or closing UAL if still
long
[07:20 am] Ed : watching SXCI for potential
short, needs more vol[07:25 am] Mitch K: MELI
turning over
[07:26 am] Ed : SXCI turning
[07:26 am] Mitch K: watching RL for top to
short, patient
[07:27 am] Ed : reducing SXCI here
[07:31 am] Ed : still holding half SXCI with
stop @ 62.07 B/e[07:33 am] Kris : I still
have a small piece of TIF short, just waiting
to see if it can break the lod[07:43 am]
Mitch K: LULU trending up
[07:45 am] Brent : VRUS volume spike
[07:45 am] Mitch K: cover NNN if short
[07:51 am] Brent : CHD alert
[07:51 am] Brent : thx zen[08:00 am] Mitch K:
looking for bounce in LULU soon
[08:01 am] Brent : BWA moving
[08:01 am] Mitch K: FOSL turning over
[08:08 am] Mitch K: consider covering FOSL if
short
[08:43 am] Mitch K: watching AYI for short
[08:44 am] Mitch K: also monitoring HP
[08:45 am] Mitch K: 1 min on left, 2 min
chart on right
[08:45 am] Mitch K: Goodyear Tire
[08:45 am] Mitch K: GT alert
[08:45 am] Mitch K: watching BBY for quickie
short
[08:45 am] Mitch K: watching GT
[08:46 am] Mitch K: GT alert
[08:47 am] Mitch K: should bounce off 14
area
[08:47 am] Mitch K: should bounce soon
[08:53 am] Mitch K: watching IPGP for top to
short
[09:01 am] Brent : oops, I guess Mitch is
watching it too
[09:01 am] Brent : watching IPGP
[09:02 am] Mitch K: anyone short HP,
Helmerich & Payne
[09:06 am] Mitch K: also watching LULU for
long
[09:06 am] Mitch K: consider covering HP if
short
[09:06 am] Mitch K: NYX, missed top but
watching for short if higher
[09:11 am] Mitch K: watching BWA for 2nd
helping short, another auto related stock,
makes brake parts. Note CHicago auto show is
on this week
[09:18 am] Ed : halted
[09:18 am] Ed : ILMN moving
[09:19 am] Ed : circuit breaker halt ILMN
[09:19 am] Mitch K: watching LIFE
[09:24 am] Mitch K: consider reducing LIFE if
long
[09:35 am] Kris : ONXX breaking down
[09:36 am] Kris : gotta love the volatility
we’ve been getting
[09:36 am] Kris : today is more like friday’s
session
[09:45 am] Mitch K: consider selling LIFE if
long
[09:49 am] Mitch K: watching HP for long
bounce
[10:06 am] Kris : lol[10:06 am] Mitch K:
LIFE, PAYNE n ASH
[10:06 am] Mitch K: we seen some symbols
today that can describe the world
[10:07 am] Kris : IPGP needs to break
44.40
[10:07 am] Kris : watch it there if you have
it short
[10:07 am] Mitch K: also LULU
[10:08 am] Ed : IDIX
[10:15 am] Ed : reduce IDIX if u got it
short
[10:33 am] Mitch K: 2nd helping short in ILMN
soon
[10:33 am] Mitch K: watching for bottom in
TEN
[10:45 am] Mitch K: i am not leaving my
wingman
[11:08 am] Brent : CIE moving
[11:19 am] Mitch K: id close most of TEN
here
[11:19 am] Mitch K: look for a short on top
of this
[11:19 am] Mitch K: of TEN
[11:19 am] Mitch K: you guys long TEN?
getting close to selling
[11:25 am] Kris : ACHN moving up
[11:27 am] Kris : watching ACHN for a short
on the turn
[12:07 pm] Ed : GMCR moving
[12:19 pm] Mitch K: TOnya gave me CSTR for
short but i was sleeping on the job
[01:00 pm] Brent : have a great night, see
you in the morning
[01:00 pm] Ed : have a great evening
[01:01 pm] Kris : good night traders. enjoy
your night and I’ll see you in the morning.
|
[06:13 am] shark : NFLX up
premarket….again
[06:13 am] joeytsa : yeah shark, hit over
$100 overnight
[06:13 am] shark : my other fave LULU -out
of control up at $60.17 now
[06:14 am] joeytsa : sure is, lots of stocks
gapping
[06:14 am] lightning : WBMD: WebMD announces
resignation of CEO Wayne Gattinella[06:14 am]
shark : GOOG up $6 pre mkt[06:14 am] joeytsa
: CFO left LIZ also and lowered number
[06:15 am] khall : so is SINA – up $2.30
[06:16 am] joeytsa : crude over $103
[06:16 am] shark : ughh!
[06:16 am] shark : the economy killer
[06:16 am] joeytsa : market moving up on all
of this good news…lowered guidance?s, fitch
getting ready to downgrade, all of these jobs
🙂
[06:17 am] joeytsa : so is the bull market
on or is it the last gap to suck in the rest
of the money?
[06:18 am] shark : growth stories
continue
[06:18 am] shark : companies expanding –
[06:19 am] joeytsa : read yesterday
somewhere that the govt considers 2 part-time
govt jobs as 1 fulltime job
[06:20 am] khall : some consider 2 full time
govt workers as one fulltime job
[06:24 am] joeytsa : also read that US
companies are lending overnight to euro
banks
[06:24 am] shark : GOOG drop yesterday
attributed to MMI acquisition
[06:25 am] shark : so our China, Japan and
some other countries, joey
[06:25 am] shark : LULU has been a 15% net
short sellers, could run for a day or two
[06:25 am] apple : LULU moving
[06:26 am] apple : SPY is up today!
[06:26 am] shark : do you like LULU
products/stores – Apple?
[06:26 am] apple : never bought
[06:26 am] joeytsa : LULU makes great
products..expensive but good quality
[06:28 am] rusty : BVSN and REE radar
[06:28 am] joeytsa : 7am pst: wholesale inv,
and IBD/TIPP economic outlook
[06:28 am] joeytsa : economic optimism i
mean
[06:29 am] joeytsa : i expect a positive
number
[06:29 am] shark : CHINA had a big up day in
market -1st in a while –
[06:29 am] shark : could bode well for
BIDU
[06:30 am] apple : let’s hear it for
CHINA!
[06:30 am] joeytsa : cramer has now switch
from LULU short to LULU long hahaha[06:30 am]
shark : he was short?
[06:30 am] shark : or waiting for a pull
back?
[06:31 am] joeytsa : no, but he was saying
it was the short of a lifetime a while back,
now it?s the buy of a lifetime…he’s
flexible haha[06:31 am] shark : BIDU long
[06:31 am] cowboyh : JNPR
[06:32 am] rusty : WFM worth watching at
these levels
[06:33 am] doji : GMCR S
[06:33 am] doji : REE L
[06:34 am] zentrader : nice NFLX call
[06:34 am] joeytsa : nice on BIDU shark
!!
[06:35 am] rusty : BVSN lod[06:35 am] doji
: FSLR S
[06:36 am] richard : Ed, lisas, are you TS
charts slow this am?
[06:36 am] shark : NFLX seems like it’ll
stall around 100 for a bit
[06:36 am] shark : good call Kris
[06:36 am] shark : out all BIDU
[06:36 am] apple : excellent on NFLX K!
[06:36 am] joeytsa : AYI from yesterday
still slightly moving
[06:37 am] doji : out 1/2 GMCR S
[06:37 am] joeytsa : REGN nice
[06:38 am] apple : very nice on REGN
[06:38 am] joeytsa : LULU ma’s/vwap
converging
[06:38 am] shark : CMG down today
[06:39 am] shark : LULU about 15% are short
owners
[06:40 am] rusty : BVSN bounce
[06:40 am] joeytsa : AMZN came back to
earth
[06:42 am] shark : DIA SPY lod[06:42 am]
doji : UAL is a dog
[06:43 am] apple : look at that chart on
NFLX
[06:43 am] doji : NFLX coming down to
earth
[06:44 am] shark : DIE NFLX DIE
[06:44 am] shark : back to 50, baby
[06:45 am] joeytsa : RL looks really weak
[06:45 am] joeytsa : see if it can find a
bottom
[06:45 am] rusty : GMCR radar
[06:45 am] shark : oh man, just sold GMCR
[06:47 am] joeytsa : shark: i found that
option scan, but it seems static…will check
slow time to see if i can get it to update
[06:47 am] apple : SINA moving
[06:48 am] shark : all chinese stocks should
have decent day
[06:48 am] apple : good
[06:48 am] shark : up chinese market
today
[06:49 am] doji : out 1/2 FLSR S
[06:49 am] joeytsa : WBMD moving
[06:50 am] joeytsa : REGN multiple trades
[06:50 am] doji : aghhh to late to see
WBMD
[06:51 am] rusty : GE lod[06:51 am] rusty :
something going on there
[06:51 am] joeytsa : GE lod?? wow, cramer
said its one of his top 2012 stocks
[06:51 am] shark : CMG turning up
[06:51 am] joeytsa : markets turning up a
bit
[06:51 am] apple : $10, evidently, what’s
the news, rusty?
[06:52 am] shark : I like his BA call, not
sure about GE
[06:52 am] joeytsa : its more about their
other industries i think
[06:52 am] shark : GE up on year
[06:52 am] shark : so far
[06:53 am] shark : LULU trending nicely as
shorts walk with their heads down to the
exits
[06:55 am] joeytsa : lower high on the ES
and slight move down
[06:55 am] rusty : JAZZ lod[06:56 am] doji
: DNDN moving up
[06:58 am] joeytsa : MELI has been pretty
strong so far, might be getting toppy
though
[07:00 am] shark : nice one, joey MELI
-break out on vol[07:00 am] joeytsa : AMZn
playing whack-a-mole
[07:00 am] joeytsa : didn?t see that 1st
consol though
[07:00 am] joeytsa : was nice on lower
vol[07:00 am] shark : LULU having a stock
sale, aisle 1
[07:01 am] shark : CMG continues up
[07:02 am] doji : Inventory Sales 0.1% vs
0.5% Est[07:02 am] joeytsa : yeah shark: if
LULU loses support..it?s a long way down
[07:02 am] joeytsa : BoA downgrade of NFLX
saying its recent run is unwarranted
[07:02 am] joeytsa : either is BoA’s $6
price 🙂
[07:03 am] joeytsa : here we go again trying
to bust thru 1290 area
[07:04 am] doji : NFLX S
[07:04 am] shark : NFLX 104.50 fills that
gap
[07:05 am] joeytsa : NFLX just banged on
prev cl and down almost $1
[07:05 am] shark : looks like some climax
buying on vol last few days
[07:05 am] shark : poss take a break in this
area for some time
[07:06 am] joeytsa : news: Schwab Charitable
announces leadership appointments…Cramer
not in the running haha[07:07 am] joeytsa :
PCLN running into big res, might set up a
swing 1way or the other..let it play out
[07:07 am] shark : CMG hod[07:08 am] mhaus
: Kris, you still holding MTL?
[07:08 am] joeytsa : IBD/TIPP econ optimism
came in at 47.5 with 45.3 forecast
[07:08 am] rusty : sold 1/2 C swing from
24-25 purchases
[07:08 am] joeytsa : eye on RL still
[07:09 am] joeytsa : eye on HITK
[07:10 am] shark : I did some market orders
today, joey
[07:10 am] shark : got better than the ask
in all but 1 case
[07:11 am] shark : LULU long on pull back,
too
[07:12 am] mhaus : Kris, you still holding
MTL?
[07:12 am] joeytsa : right now 1290 is
support for the ES, touched 1292 a bit ago
[07:13 am] lightning : S CRL
[07:14 am] doji : DNDN new lod[07:17 am]
joeytsa : CTSH having a nice day
[07:18 am] shark : LULU new hod[07:18 am]
joeytsa : looking for a weak bounce on
AMZN?
[07:18 am] rusty : SKX radar
[07:18 am] doji : Light CRL consolidating
with low volume
[07:18 am] rusty : SKX sudden spike
[07:18 am] scalpman : Meli S @ 85.01
[07:19 am] shark : I missed DECK today –
[07:20 am] rusty : FSLR hod[07:21 am] doji
: Perfect V patter in FSLR Rusty
[07:21 am] scalpman : out 1/2 meli S
[07:21 am] doji : ES lost 1290 mark Joey
[07:22 am] shark : nice heavy metal music
CNBC
[07:22 am] scalpman : stop Meli @ .93
[07:23 am] doji : taking 1/2 NFLX short
here, will see if make a new lod[07:24 am]
joeytsa : NFLX hit prev cl 2 times and
fell
[07:24 am] scalpman : thanks shark …nice
call, Mitch, thanks.
[07:24 am] joeytsa : might be the res level
to watch today
[07:26 am] rusty : REE lod[07:26 am]
scalpman : Out another 1/4 MELI S
[07:27 am] joeytsa : GMCR spike higher
[07:27 am] joeytsa : up $1.50 past 3
minutes
[07:27 am] shark : missed that one -GMCR vol
good, too
[07:28 am] shark : seems over sold to me on
daily chart
[07:28 am] joeytsa : think it will come back
to earth
[07:28 am] scalpman : All out MELI
[07:28 am] rusty : CHK lod[07:28 am] rusty
: WFM “
[07:29 am] shark : based on its sales
growth, it’s earth should sit a bit higher
[07:29 am] joeytsa : what?s that???
haha[07:29 am] joeytsa : by the time they
read that report, I?m in and out 🙂
[07:29 am] shark : fill gap to at least $50
level
[07:31 am] qwert : kris are you still short
tif[07:31 am] shark : MELI short, all out
[07:32 am] shark : thx, Mitch, JoeyTSA[07:32
am] apple : thx E, nice call on SXCI
[07:32 am] joeytsa : RL tricky, indis are
toppy but above a few support levels, if it
breaks below it should be a nice
short..patience[07:33 am] shark : compare
JVA vs GMCR on hourly chart, joey!
[07:33 am] Ed : 1st half was quick giver
[07:33 am] apple : i liked it
[07:33 am] rusty : Italian bonds 7.15%
[07:33 am] apple : i just gave up on TIF at
60
[07:34 am] qwert : thx same here have stop
at breakeven on tif[07:34 am] joeytsa : i
don?t blame you apple
[07:34 am] joeytsa : let it show you
something b4 getting back in
[07:35 am] shark : I need a microscope to
see if it is moving
[07:35 am] apple : losing patience here,
+.85
[07:35 am] qwert : trying to work on
patience, but getting sleepy
[07:35 am] apple : i am moving on
[07:35 am] rusty : BVSN lod[07:35 am] Kris :
keep scanning
[07:35 am] Kris : stay busy
[07:35 am] shark : good one, qwert[07:35 am]
Kris : come back and check on it
[07:35 am] Kris : get it out of your face
[07:36 am] joeytsa : AMZN making nice moves
today
[07:36 am] qwert : oh i am it was my 1st
trade have made 7 others since
[07:36 am] apple : AMZN very good today
[07:37 am] shark : then continue sending us
updates, qwert[07:37 am] joeytsa : HITK just
ugly
[07:37 am] apple : great if you were S
[07:38 am] apple : now TIF is breaking
[07:38 am] qwert : yeah on tif[07:39 am]
apple : same on CAT
[07:39 am] shark : LULU on sale, aisle 2
[07:46 am] rusty : NFLX near lod[07:46 am]
rusty : SODA ALERT
[07:46 am] rusty : SODA ALERT
[07:48 am] rusty : REE new lod[07:51 am]
zentrader : CHD
[07:52 am] apple : doji, you still short
NFLX, lod[07:52 am] rusty : CHD downgraded
by analyst
[07:55 am] doji : Got a computer crash….
but my NFLX short was a great surprise!
[07:56 am] mhaus : ILMN
[07:56 am] doji : Closed all
[07:56 am] doji : CHD needs to drop more
[07:56 am] skydiver : good job doji on NFLX
–
[07:57 am] shark : good job on NFLX s,
doji[07:58 am] skydiver : watching CHD
[07:58 am] skydiver : LULU – missed shorting
it!!
[08:00 am] doji : 62 would have been a nice
entry point
[08:01 am] mhaus : BWA
[08:02 am] doji : LULU L 61.06
[08:02 am] joeytsa : Ford to post 4q loss
[08:02 am] mhaus : BWA earnings in line with
expectations
[08:02 am] shark : F – to post LOSS in 4Q
[08:02 am] joeytsa : due to thailand
flood
[08:03 am] joeytsa : still make great cars
though
[08:03 am] apple : LULU L 61.12
[08:03 am] doji : stop at b/e just in
case
[08:03 am] Ed : the older ones
[08:03 am] joeytsa : couple newer ones
also
[08:04 am] joeytsa : we have the
Fusion…great, and the Taurus is really nice
too
[08:04 am] apple : Ford trucks were superior
to their cars
[08:04 am] shark : I sold some LULU $60 PUTS
expire Fri for .934/contract
[08:06 am] joeytsa : GMCR came back to
earth
[08:07 am] doji : BWA projected earnings
5.35 vs 5.21 est[08:08 am] joeytsa : but
GMCR did cross above the 20ma, first time in
at least 20 days
[08:08 am] joeytsa : new scan i have..seeing
how it works 🙂
[08:08 am] shark : F – moving
[08:08 am] scalpman : CHD moving up
slowly
[08:08 am] shark : did you find an unusual
option scanner, joey?
[08:09 am] joeytsa : $178 important # for
AMZN today
[08:09 am] joeytsa : yes/no shark….
[08:09 am] joeytsa : it scans for high
option vol..
[08:09 am] lightning : there’s the new LOD
for TIP
[08:09 am] lightning : TIF
[08:09 am] joeytsa : but seems static, not
updating…will do more work with it ah
[08:10 am] joeytsa : i think IB has an
option scanner, i just don?t have IB
[08:14 am] joeytsa : shark: seems like it
might be worth more using it for swing trades
instead of scalping?
[08:14 am] joeytsa : which is fine
[08:14 am] shark : yes
[08:14 am] khall : apple, are you still in
LULU long?
[08:15 am] joeytsa : i can scan it by
options or stocks..using optionsXpress[08:15
am] Ed : so reporters ran with “incorrect”
info on F
[08:15 am] apple : no, khall, got stopped
out
[08:16 am] khall : it hit my stop price but
didn’t fill so I’m still long
[08:16 am] joeytsa : looks like
QSFT,MDCO,IDIX,PWRD have the biggest options
vol % change….going to take a bit to find
the value of this
[08:17 am] apple : i have not used that
scanner joey, will try it
[08:17 am] doji : Watching NFLX
consolidating in low volume….
[08:18 am] joeytsa : it?s not exactly what i
was looking for, but will work with it for a
week and see what it can come up with
[08:19 am] joeytsa : AMZN lost that prev cl
btw
[08:20 am] shark : paying people to take
readers is costing the stock -AMZN
[08:21 am] joeytsa : apple: that scanner is
actually listed under Dragon
[08:22 am] apple : ok, i will look at it
now
[08:24 am] joeytsa : top of list is one that
scans for specific options with high vol, ie
C Mar12 35 call
[08:24 am] victor51 : brent, nice call on
BWA. I miss it
[08:25 am] joeytsa : midway down you can
scan for stocks having big daily change in
option vol[08:25 am] joeytsa : GMCR sitting
on vwap, will wait this one out
[08:27 am] mhaus : NFLX moving up
[08:27 am] goldrecord : Joey what is vwap
and GMCR to move up or down?
[08:27 am] apple : vwap is volume weighted
avg price
[08:28 am] joeytsa : not sure direction
goldrecord…its sitting between a s/r
point
[08:28 am] joeytsa : AMZN inching up to the
prev cl…got my club ready, just waiting for
a sign 🙂
[08:29 am] rusty : HSP RADAR
[08:29 am] khall : whack away Joey
[08:29 am] goldrecord : thanks
[08:30 am] joeytsa : no prob gold: if GMCR
breaks below 46.80, might try a short with a
stop set around 47…but it?s a shaky trade
at best, not a recommendation
[08:31 am] joeytsa : would try to time it
with market direction if i can
[08:32 am] shark : YOKU new hod[08:33 am]
lightning : BWA maybe topping here
[08:33 am] joeytsa : Fitch: no dg of
france[08:35 am] joeytsa : missed the whole
UBS headline about Italy, but heard something
about “outright recession for Italy if no
austerity”? did anyone catch that
[08:35 am] joeytsa : AMZN showing a bit of
strength
[08:36 am] shark : GOOG behaving badly
[08:36 am] joeytsa : yeah..some support near
614 area
[08:37 am] shark : agreed
[08:37 am] doji : BWA has new below it
pushing it up lightning… be careful
[08:38 am] joeytsa : 50ma and line from prev
high
[08:40 am] goldrecord : today has less
trades than yesterday
[08:40 am] shark : I’ve got more trades
today, but that’s ok
[08:41 am] joeytsa : tons of movers so
far..getting into slow time though
[08:43 am] doji : Today only 3 trades….
working from the office… multitasking
[08:45 am] mhaus : GT
[08:45 am] murano : GT
[08:46 am] joeytsa : good catch
[08:46 am] shark : 1 million shares traded
on 1 min chart -GT
[08:46 am] doji : Rusty news on GT?
[08:46 am] joeytsa : should have thought of
that with the F news
[08:47 am] doji : YEs Joey….
[08:47 am] apple : in retrospect…
[08:47 am] mhaus : Rubber plantations from
Indonesia to Ivory Coast will tap a global
crop this year that will create the biggest
glut since at least 2004, cutting costs for
Bridgestone Corp. (5108), Michelin & Cie.
and other tire makers.
[08:47 am] doji : Missed the link F-GT…
let’s see other stocks related
[08:47 am] joeytsa : that 8:30spike was the
signal…arrrggg haha[08:48 am] apple :
sale on LULU
[08:48 am] joeytsa : Mitch nailed the $14
bounce..real nice
[08:49 am] shark : Goodyear Tire drops to
fresh lows on a pickup in volume, losing over
11% during the past 20 minutes as it sinks
down into the $14.00 area (14.19 -1.11) Note
that the co. is presenting at the Deutsche
Bank Global Auto Industry Conference today
[08:49 am] joeytsa : thanks shark
[08:51 am] doji : GT still weak
[08:52 am] shark : higher lows on min
chart
[08:52 am] doji : GT sees lower sell volume
in all areas
[08:52 am] lightning : covered 1/2 BWA
short
[08:53 am] doji : HP
[08:53 am] apple : SINA hod[08:53 am] qwert
: nice trade on bwa light
[08:53 am] Kris : watch for a flush on GT
[08:54 am] doji : Flush = ?
[08:54 am] doji : = down
[08:54 am] Kris : lol[08:54 am] Kris : I hope
so
[08:55 am] qwert : probably a lot of stops
just below 13.97
[08:56 am] doji : GT flushing up!
[08:57 am] richard : Closed BWA…very nice,
ty[08:58 am] joeytsa : IPGP still strong
[08:59 am] joeytsa : stocks breaking
down?
[08:59 am] doji : GT flushing down
[09:00 am] shark : LULU approaching critical
lod level
[09:02 am] qwert : here comes the flush
gt[09:02 am] doji : LULU at 60..
[09:03 am] joeytsa : die GT die !!!
[09:03 am] doji : Yes Mitch, I did
[09:03 am] doji : closed 1/2 position
here
[09:03 am] heman : @68.48
[09:03 am] doji : Joey, did you short GT?
[09:04 am] goldrecord : IPGP too strong?
[09:04 am] heman : out
[09:04 am] joeytsa :
yeah..gunslinged..getting ready to hit my
stop
[09:04 am] lightning : all out BWA short
[09:04 am] joeytsa : profit either way
[09:05 am] goldrecord : IPGP volume getting
thinner. is it sign of weakness?
[09:06 am] doji : All out HP
[09:06 am] joeytsa : stop lowered to 13.80
area
[09:06 am] joeytsa : trailing down
[09:06 am] joeytsa : all out
[09:07 am] joeytsa : 44cents for the good
guys
[09:13 am] joeytsa : anyone take GT long…i
didn?t[09:13 am] observer : I did, but got
out only with .10
[09:14 am] joeytsa : still a profit
[09:14 am] Brent : nearly 1% observer,
nice
[09:14 am] observer : yes, I’ll take a
profit anytime I can get it
[09:17 am] qwert : nice call on bwa
mitch[09:17 am] joeytsa : LIFE moving
down
[09:17 am] joeytsa : well it was, too
late
[09:19 am] doji : News Rusty on ILMN?
[09:19 am] joeytsa : LIFE alert still
[09:19 am] goldrecord : IPGP very very
strong. dangerous to short. right?
[09:20 am] joeytsa : right now it is gold,
may set up though
[09:20 am] lightning : LIFE: Appeals court
rules for Celsis IVT, against Life
Technologies in patent suit
[09:21 am] rusty : TLT hod[09:21 am] doji :
LIFE bounced too quick
[09:21 am] rusty : market green, TLT green,
hmmmm[09:21 am] joeytsa : got my revenge
trade on AMZN
[09:22 am] joeytsa : IPGP real strong
[09:22 am] shark : GT report: nice weather
is hurting winter tire sales
[09:23 am] joeytsa : so wouldn?t that help
summer tire sales 🙂
[09:23 am] shark : IPG Photonics
presentation at Needham Conf just ended; not
seeing anything in particular on slides that
would account for recent move higher
[09:23 am] doji : Watch SPY.. at quadruple
bottom now
[09:23 am] joeytsa : and more driving,
leading to more wear/tear on tires 🙂
[09:23 am] joeytsa : NFLX trying to hold
$94
[09:24 am] joeytsa : thanks mitch[09:24 am]
shark : thx, doji – SPY -lod test
[09:25 am] doji : NFLX those March Call
worth now 10.30
[09:25 am] shark : SPY new lod[09:25 am]
doji : March 100 calls
[09:25 am] shark : IT BROKE -SPY
[09:26 am] doji : SPY next support at
128.5…
[09:26 am] shark : AAPL filled gap, new
lod[09:26 am] shark : you still short, NFLX,
doji?
[09:26 am] shark : swing trade back to $70
level?
[09:27 am] joeytsa : all i know is that
daily, i get a repeat lesson on the value of
watching volume during a consolidation
[09:27 am] rusty : SPY radar
[09:27 am] doji : That is right Sharky!
[09:27 am] joeytsa : today?s lesson courtesy
of IPGP
[09:28 am] doji : What happened Joey?
[09:28 am] shark : joey?
[09:28 am] joeytsa : doji: just look at that
$42 area consolidation on lower vol, then
move higher
[09:28 am] joeytsa : just need to stay alert
on those types of moves
[09:29 am] joeytsa : that?s how you have a
huge winner
[09:29 am] doji : Yes Joey, that is a lesson
I learned from Kris days ago… remember?
[09:30 am] joeytsa : yeah, you see a stock
make a nice move, then consolidate on lower
vol, push higher….
[09:30 am] joeytsa : $4 move from
consolidation, not even talking about the 1st
run up
[09:30 am] doji : Yes… the odds are on the
direction of the move
[09:30 am] shark : SAMSUNG going to be
largest cell phone maker in 2012
[09:30 am] joeytsa : yeah doji: on lower
vol[09:31 am] doji : Now is reversing with
some decent volume
[09:31 am] goldrecord : good lesson Joey,
thank you
[09:32 am] joeytsa : good thing is, if it
doesn?t make a move, your money isn?t in it
collecting dust
[09:33 am] lightning : let?s go IPGP…down
down down[09:33 am] joeytsa : ES support
trended down from 1290 to 1288 to 1285
current
[09:35 am] doji : The SPY volume has been
drying from the first trading day this
year…
[09:36 am] joeytsa : OPEN quick spike
[09:36 am] lightning : all out IPGP short
[09:36 am] shark : good point, doji[09:36
am] joeytsa : nice job lightning
[09:36 am] doji : Aggg, missed the second
short leg in HP
[09:39 am] joeytsa : LIFE ran right back up
to the vwap[09:40 am] doji : NFLX should
move down near 90 in the same way it moved
near 100 yesterday…
[09:40 am] doji : GT moving down
[09:45 am] joeytsa : BWA another
consolidation/vol lesson earlier today
[09:46 am] joeytsa : had 1 headfake, but
nice run starting around 8ampst
[09:47 am] joeytsa : guess it was a minor
headfake if you weren?t careful, none if
played right…not sure if its setting up
again, just dont like SPY action
[09:47 am] goldrecord : HP second short is
nicer than the 1st. i missed it though
[09:50 am] shark : GMCR faded move back to
yesterday close
[09:50 am] doji : Gunslinging HP
[09:51 am] doji : 4 to 1 R/R
[09:52 am] doji : Come on NFLX, you can lose
93
[09:52 am] doji : Good boy
[09:53 am] khall : doji – you going to swing
NFLX S?
[09:55 am] joeytsa : NFLX nice short
[09:55 am] joeytsa : doji: are you long
HP?
[09:56 am] doji : Yes Joey… gunslimnged it
between the S/R lines
[09:57 am] joeytsa : what i tell you about
gunslinging haha[09:57 am] doji : S=65.33,
R=66.47
[09:57 am] joeytsa : at least you have a
good r/r
[09:57 am] doji : went long at 65.51
[09:58 am] doji : my stop is at b/e now…
just in case
[09:58 am] joeytsa : good move
[09:58 am] doji : Well, you taught me
that… thank you Joey…
[09:58 am] joeytsa : i would pull it up to
65.60 area
[09:58 am] joeytsa : might as well get some
$$ out of the deal
[10:00 am] joeytsa : keep trailing that stop
up
[10:04 am] joeytsa : doji: no reason for
less than 25cent profit on this trade
[10:06 am] joeytsa : haha[10:07 am] richard
: ASH ?
[10:09 am] Mitch K: ASH came across my
scanner RIchard[10:09 am] qwert : news on
idix[10:10 am] doji : closed HP
[10:10 am] richard : I see it…good thing
it was a nice short…LOL
[10:12 am] joeytsa : IPGP looks like a
flag/triangle..i[10:12 am] joeytsa : if it
punches higher might get a few bucks on
it..but SPY is a drag right now
[10:14 am] joeytsa : scratch that idea
[10:15 am] qwert : ed thx for idix[10:16 am]
Ed : no problem
[10:16 am] rusty : SODA mini spike up
[10:20 am] rusty : INSP worth watching based
on daily chart
[10:20 am] rusty : the old Infospace[10:25
am] lightning : LULU new low
[10:26 am] mh : thanks joey for ipgp[10:27
am] joeytsa : glad you got it haha[10:28 am]
mh : looks like i got out to fast
[10:29 am] joeytsa : might have some legs
under it
[10:31 am] mhaus : TEN
[10:33 am] joeytsa : nice catch mhaus[10:36
am] Mitch K: TEN good one mhaus, no thank you
if bad though
[10:36 am] mhaus : I made a few cents
[10:36 am] mhaus : I am happy
[10:38 am] rusty : KSU daily chart worth
watching
[10:38 am] rusty : getting a bit
overbought
[10:38 am] mhaus : went [email protected] out at
32.18
[10:39 am] rusty : PMC light radar
[10:42 am] mh : any news on ten
[10:44 am] joeytsa : rusty: KSU has been
popping up on the 52wk high list for
sometime
[10:44 am] joeytsa : good catch
[10:47 am] richard : Thank Mav…Iceman over
and out
[10:58 am] goldrecord : what is the good
time to open swing positions?
[11:00 am] Mitch K: the answer to that
goldrecord is when you get a signal
[11:01 am] Kris : goldrecord, on swing trades
I like to leg into the position with at least
3 orders
[11:01 am] joeytsa : TEA running,
50centrun
[11:01 am] Kris : on long swings I like to
add to the position on pullbacks into
trendline support
[11:01 am] Kris : vice versa on short
trades
[11:01 am] Kris : add on bounces into
trendline or previous high resistance
levels
[11:02 am] goldrecord : thnx Mitch &
Kris, so ur using 1 min chart for signal?
[11:03 am] Kris : on my swing trading
strategy I use the 15min and the daily
chart.
[11:03 am] joeytsa : great reminders
kris[11:03 am] Kris : too much noise on 1min
for any value on my swing trades
[11:04 am] Kris : day trading I use 1min,
3min, 15min and daily
[11:04 am] qwert : so do you add based on
both charts combined
[11:04 am] Kris : they are weighted
differently based on the strategy for each
specific trade
[11:04 am] Kris : it’s mostly 15min qwert for
intraday action
[11:05 am] Kris : daily just gives me my
primary stop and my price targets and to see
price action developing on a daily scale
[11:05 am] Kris : just like these intraday
reversals how if we get consolidation it’s a
red flag
[11:05 am] Kris : same on the daily scale
with swing trades
[11:05 am] Kris : you get a sell off and
start looking for the long fade off
support
[11:05 am] goldrecord : Kris, then u added
at better price than the initial order or at
higher price?
[11:05 am] Kris : you go long and get a dead
cat bounce on the daily
[11:06 am] Kris : it sputters for 4-5
sessions on the daily chart
[11:06 am] zentrader : CIE
[11:06 am] qwert : are you doing a lot of
swings now kris[11:06 am] Kris : it’s time to
start getting out of that trade and maybe
even look for the short on the break below
support as a short swing.
[11:06 am] Kris : make sense?
[11:06 am] qwert : yep
[11:07 am] Kris : I’m doing more qwert but I
wouldn’t say a lot. I am staying very
selective with my swing trades and I thin out
before going over the weekend.
[11:07 am] mhaus : CIE
[11:08 am] lightning : CIE: Cobalt price
target raised to $38 from $19 at Morgan
Stanley
[11:08 am] qwert : thx k
[11:09 am] joeytsa : thansk lightning…see
if it gets a time lag pop?
[11:11 am] qwert : anybody trading cie[11:11
am] mhaus : BWA moving too
[11:15 am] doji : No me Mhaus…
[11:18 am] qwert : ed how many trades today
?
[11:18 am] Kris : TEN coming into
resistance
[11:18 am] Kris : start getting out of the
long if you still have it and move up your
stop on the rest.
[11:18 am] zentrader : CIE and TEN are
FABULOUS!
[11:18 am] joeytsa : AMZN been strong since
going thru prev cl, coming into some res
[11:18 am] mhaus : NFLX
[11:22 am] doji : NFLX at trendline
resistance
[11:22 am] doji : Short NFLX small
position
[11:23 am] apple : SINA hod[11:26 am]
joeytsa : nice trading doji[11:27 am]
zentrader : ACHN
[11:29 am] joeytsa : FIO quick down move
about $1
[11:29 am] rusty : NR radar
[11:30 am] joeytsa : closing CIE, getting
ready for FIO
[11:32 am] doji : ACHN…. ummm[11:32 am]
doji : staying aside
[11:33 am] apple : hey, what’s up with
that?
[11:34 am] doji : consolidation Apple
[11:34 am] apple : down, down, down…
[11:34 am] doji : just watching
[11:35 am] doji : saw that Apple?
[11:36 am] apple : yep
[11:37 am] joeytsa : doji: NFLX double top
just below res, but had just made a higher
low
[11:38 am] doji : Thanks Joey, I trailed it
down close it already…
[11:38 am] joeytsa : yeah i figured
[11:38 am] joeytsa : wasn?t sure if you were
going to double-dip
[11:42 am] joeytsa : did anyone catch the
news on FIO?
[11:43 am] lightning : FIO: The move lower
in Fusion-io (FIO) shares is being attributed
to concerns about the company’s business at
FaceBook after Craig-Hallum said OCZ
Technology (OCZ) is the company’s best
competitor. :theflyonthewall.com
[11:43 am] joeytsa : ahhh, thanks 🙂
[11:47 am] doji : ACHN broke 11
[11:47 am] doji : R1=11.15
[11:48 am] apple : now it goes
[11:48 am] doji : Nice drop…
[11:48 am] doji : YEs Apple
[11:48 am] joeytsa : you have a diff level
than i do doji[11:49 am] joeytsa : i have R1
@ 10.16 hmmm
[11:49 am] doji : I used both, the ones in
TOS platform and the ones from
freestockschart[11:49 am] doji : No idea why
they are different
[11:49 am] goldrecord : EXPE up
[11:50 am] joeytsa : gotya[11:51 am] apple
: R1 is 10.16 on freestockcharts[11:52 am]
doji : Yes Apple
[11:52 am] doji : ACHN remains strong…
just stopped on trailing stop
[11:52 am] apple : R3 is 11.36
[11:53 am] goldrecord : EXPE near hod[11:54
am] rusty : BC radar
[11:54 am] joeytsa : NFLX moving higher
[11:56 am] apple : SINA had a nice run up
since 1:30
[11:57 am] doji : ACHN running
[11:57 am] qwert : achn going parabolic
[11:57 am] joeytsa : goldrecord: EXPE not my
kind of scalp…but had a huge drop on the
daily from around 55 to current levels, break
out from here might give a decent swing,
havent look at reason why the drop though
[11:57 am] apple : i had reversed ACHN
doji[11:58 am] joeytsa : PII spike
[11:59 am] goldrecord : thnx Joey, is it
good for swing?
[11:59 am] qwert : apple where did you
reverse at
[11:59 am] qwert : nice trade by the way
apple
[11:59 am] joeytsa : EXPE? not yet to me,
maybe someone else sees something different
though
[11:59 am] goldrecord : Qwert, ACHN is
setting up for bull short?
[11:59 am] doji : No goldrecord[12:00 pm]
rusty : CELG radar
[12:00 pm] qwert : will wait for mitch to
answer that for you he is the bullshort
master!!!
[12:00 pm] apple : when it was consolidating
and I thought it would continue higher,
stochs turning
[12:01 pm] qwert : awesome trade
[12:01 pm] joeytsa : nice apple !!!
[12:01 pm] doji : ACHN S
[12:03 pm] lightning : maybe this is the top
for ACHN
[12:03 pm] qwert : wow how about that tick
achn[12:03 pm] joeytsa : CSTR dropping
[12:03 pm] zentrader : yeah what was
that?
[12:04 pm] Kris : bad tick
[12:04 pm] doji : NFLX getting the bulls on
board Joey
[12:04 pm] joeytsa : something happened
[12:04 pm] victor51 : aapl, great move on
ACHN
[12:04 pm] zentrader : none of my orders
filled, I know that
[12:04 pm] Kris : me too zen[12:04 pm]
joeytsa : CSTR alert
[12:04 pm] joeytsa : yeah i see that on ACHN
too
[12:05 pm] rusty : CELG cooperating
[12:07 pm] doji : Trailing my stop on
ACHN…
[12:07 pm] apple : me too, smart move
[12:07 pm] doji : NFLX hit resistance
Joey
[12:08 pm] victor51 : Joey, what you see
Long GT
[12:08 pm] joeytsa : nothing on GT for me
[12:09 pm] joeytsa : victor: unless is some
news/rumor runner, i stick with the larger
movers of the day
[12:09 pm] judyp : thanks mitch for ten
[12:10 pm] apple : very nice chart on
TEN
[12:10 pm] joeytsa : on GT, once the news
was over..i didn?t look at it again, whether
that?s right or wrong, its just how i play
[12:11 pm] apple : me too – there is always
something to pay attention to
[12:11 pm] joeytsa : CSTR ran right back to
consolidation level it dropped from
[12:12 pm] joeytsa : didn?t see the news on
it
[12:13 pm] doji : Nice drop in NFLX from
resistance Joey…
[12:13 pm] joeytsa : was just going to write
you doji[12:13 pm] doji : It just keep
giving nice trades
[12:14 pm] joeytsa : see if the support
holds now
[12:14 pm] doji : yeaphhh[12:14 pm] doji :
need to break 95 first
[12:15 pm] doji : Why is that whenever I
lose track of FSLR, it moves steadily
upward?
[12:16 pm] joeytsa : need to keep it up
fulltime on a chart
[12:17 pm] joeytsa : has helped me a bit,
you might like it 🙂
[12:18 pm] doji : When at work, I can only
monitor 3 charts at the same time… taht is
the problem…
[12:18 pm] doji : while at home I can track
14!
[12:18 pm] joeytsa : yeah, home will be
easier
[12:19 pm] apple : we can always count on
you MK
[12:20 pm] doji : Are you still short in
ACHN Apple?
[12:21 pm] apple : no
[12:21 pm] doji : good Apple
[12:21 pm] joeytsa : rusty: re KSU, they
kept popping up on the Canslim site..kinda
cool info
[12:22 pm] rusty : ty joey…you mean IBD or
another site?
[12:23 pm] joeytsa : canslim.net i use it
for 52wk highs…
[12:23 pm] lightning : ACHN new high
[12:23 pm] joeytsa : its free, tells you how
many times in the past 60 days a stock has
hit a 52wk high
[12:24 pm] joeytsa : there?s a way to have
them email you the list, or you can just go
to the site..hover on the symbol and a chart
pops up just like finviz[12:24 pm] apple :
great
[12:25 pm] qwert : gotta go early today see
ya all in the am awesome calls
[12:25 pm] Ed : c ya qwert[12:25 pm] doji :
Here comes the drop in the SPY
[12:26 pm] joeytsa : watching IPGP again
[12:31 pm] rusty : GMCR just off hod[12:33
pm] rusty : Total number of Davos delegates
with the word “chief” in their title:
3,623
[12:34 pm] rusty : FSLR hod[12:35 pm] rusty
: up 30% off lows
[12:35 pm] doji : Yes, it can top 40
today
[12:36 pm] apple : not much time left…
[12:36 pm] rusty : doji, those FLSR puts I
shorted gonna expire worthless
[12:37 pm] rusty : FSLR
[12:39 pm] joeytsa : GMCR took a dive
[12:39 pm] doji : Joey, did you short GMCR
from it top at 49?
[12:39 pm] joeytsa : no, waited too long
[12:41 pm] doji : SPY lod[12:41 pm] joeytsa
: doji: missed the ES tick go short just as
GMCR turned down
[12:42 pm] doji : Rusty, any news on
ACHN?
[12:43 pm] rusty : ACHN had analyst upgrade
earlier
[12:46 pm] apple : that TEN chart really
nice
[12:48 pm] doji : Watching NFLX…
[12:48 pm] apple : again?
[12:49 pm] doji : Just watching if it can
break 97..
[12:49 pm] doji : It didn?t[12:50 pm]
joeytsa : too late in the day, but GMCR
looks like it wants to do something
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