[06:19 am] Ed : good morning traders
[06:19 am] Kris : good morning traders
[06:19 am] Kris : This morning I’m watching
for possible longs in CRR, SNDK, TER, ADP,
BEAV, ELN and MON
[06:20 am] Kris : possible shorts in CVD,
MLNX, CNX, IDCC and RRD
[06:21 am] Brent : good morning
[06:29 am] Mitch K: looking for a quick pop
on CPHD early
[06:31 am] Kris : watching TWC for a short
[06:31 am] Mitch K: monitoring PMTC, looking
for short at some point
[06:32 am] Kris : CRR long half
[06:32 am] Kris : watching SNDK for a long
[06:32 am] Mitch K: looking for short in
POT
[06:32 am] Mitch K: watching IDIX for bottom,
to buy
[06:32 am] Mitch K: watching MNTA for bottom
to buy
[06:33 am] Mitch K: watching ADSK for top to
short
[06:33 am] Mitch K: watching for top in CTXS
to short
[06:33 am] Mitch K: watching MLNX for top to
short
[06:33 am] Mitch K: watching NAV for short
[06:34 am] Kris : VAR short half
[06:34 am] Kris : watching PMTC for a
short
[06:34 am] Mitch K: watching TWC for top to
short
[06:35 am] Kris : and move down your stop on
second half
[06:35 am] Kris : if you got VAR short, look
to cover half here soon
[06:35 am] Mitch K: watching GMCR to short
[06:36 am] Kris : out half CRR long
[06:37 am] Kris : watching GME for a long
[06:37 am] Mitch K: watching BGG for
bottom
[06:38 am] Kris : RIMM short half
[06:38 am] Mitch K: looking for short in
TZOO
[06:38 am] Mitch K: watching for bottom in
SODA to buy
[06:39 am] Kris : SPY coming into support,
see what kind of a bounce we get here.
[06:39 am] Mitch K: watching for top in NE,
patient
[06:40 am] Mitch K: ADSK toppy
[06:40 am] Mitch K: consider covering half of
GMCR
[06:40 am] Mitch K: consider covering half of
TWC
[06:40 am] Mitch K: consider covering MLNX
[06:40 am] Mitch K: consider covering most of
CTXS
[06:41 am] Kris : GME starting to look
interesting on the long side
[06:41 am] Mitch K: be patient on QSII, not
early
[06:41 am] Mitch K: PMTC toppy
[06:41 am] Mitch K: watching QSII for
bottom
[06:43 am] Kris : GME fast bounce
[06:43 am] Mitch K: NE toppy
[06:44 am] Kris : out another 1/4 CRR long
[06:44 am] Mitch K: consider covering GMCR if
short
[06:44 am] Mitch K: consider reducing 1/3 of
SODA soon
[06:44 am] Mitch K: watching FSLR
[06:44 am] Mitch K: watching HXL for
bottom
[06:45 am] Kris : POT long half
[06:46 am] Kris : MNTA starting to look juicy
for a long reversal
[06:47 am] Kris : WPI ALERT
[06:48 am] Kris : BIDU long half
[06:48 am] Kris : watching ACOM for a
short
[06:50 am] Kris : MNTA starting to bottom
[06:50 am] Mitch K: consider selling SODA if
long
[06:50 am] Mitch K: GME toppy
[06:50 am] Mitch K: watching SWI for top to
short
[06:51 am] Kris : MON long half
[06:51 am] Mitch K: watching GMCR for 2nd
helping short
[06:51 am] Mitch K: watching LULU for top to
short, letting it run
[06:52 am] Mitch K: HXL bouncing
[06:52 am] Mitch K: OSII weak bounce so far
but trying
[06:52 am] Mitch K: watching MOH for top to
short
[06:53 am] Kris : BIDU trying for new
hod[06:53 am] Kris : out all CRR long
[06:53 am] Mitch K: monitoring GHL, looks too
hot to handle for short
[06:53 am] Mitch K: more downside on IOC if
short
[06:53 am] Mitch K: watching NVLS for top to
short
[06:53 am] Mitch K: watching TWC for 2nd
helping short
[06:54 am] Kris : SPY new hod[06:54 am] Mitch
K: covering JCP short in stages
[06:54 am] Mitch K: MOH turning over
[06:54 am] Mitch K: monitor MUR for bottom,
will take a while
[06:54 am] Mitch K: SWI toppy
[06:55 am] Mitch K: SM worth small short
[06:55 am] Mitch K: watching GME for top to
short
[06:55 am] Mitch K: watching MJN for 2nd
short
[06:56 am] Mitch K: watching SHW for 2nd
short, Sherwin Williams
[06:57 am] Kris : watching AMZN for a
short
[06:57 am] Mitch K: actually consider selling
most of long in HXL
[06:57 am] Mitch K: consider reducing HXL if
long
[06:57 am] Mitch K: FSLR looking toppy for
short
[06:58 am] Mitch K: missed WPI top,
monitoring for short
[06:59 am] Mitch K: FSLR turning over
[06:59 am] Mitch K: missed top in WPRT, more
downside left
[06:59 am] Mitch K: monitoring education
stocks ESI,APOL
[06:59 am] Mitch K: watching COV closer for
top
[07:00 am] Mitch K: consider covering half of
NVLS if short
[07:01 am] Kris : POT consolidating under
hod[07:01 am] Mitch K: consider covering 1/2
of FSLR short just above 40.50 area
[07:01 am] Mitch K: don’t be getting heavy in
any one single idea
[07:01 am] Mitch K: JCP resurging up
[07:01 am] Mitch K: lost patience with SWI,
taking off screen
[07:02 am] Mitch K: DSH toppy
[07:02 am] Mitch K: GME toppy
[07:04 am] Kris : BIDU testing hod[07:04 am]
Kris : POT pushing hod[07:04 am] Mitch K: MTH
worth small short
[07:05 am] Kris : careful with MNTA if you
take it long, I don’t like the decreasing
volume
[07:06 am] Kris : out half BIDU long
[07:06 am] Mitch K: COV toppy
[07:06 am] Mitch K: JCP toppy again
[07:06 am] Mitch K: SHW 2nd short soon
[07:12 am] Mitch K: so you first scan the
heck out of the market, learn to make quick
decisions if you like it as a short or long,
put on small initial opening position, add,
keep scanning, and then harvest
[07:12 am] Mitch K: this is kind of time you
see the stocks come your way. Sort of like
setting a trap, now watching the game come
in, like shorts on COV, FSLR, JCPNVLS, HXL,
etc[07:13 am] Mitch K: after that cycle of
harvest is over, kind of a lull since that
cycle is over
[07:13 am] Mitch K: then you get up and skip
rope or do some treadmill or something active
for 10-15, come back to your desk
[07:14 am] Mitch K: on that 10-15 minute
break between cycles, you don’t go talking to
your wife or anyone because of
distractions….. like other personal
decisions or demands, empty garbage, clean
this pick up that, etc. train spouse to
leave you alone. train nicely if possible
[07:15 am] Mitch K: i never said i was
tactful, but the system works
[07:16 am] Mitch K: watching EGN drop,
monitoring for bottom
[07:17 am] Mitch K: MON turning over, check
POT, AGU, MOS, IPI
[07:17 am] Mitch K: small long scalp on NFLX
here
[07:18 am] Kris : out another 1/4 BIDU
long
[07:18 am] Mitch K: QSII, if long consider
selling most, monitor for short
[07:19 am] Mitch K: no life in EGN
[07:21 am] Mitch K: if your spouse does not
respond to your requests for no distractions,
put it this way…. every time you talk to
me, it costs $500, 800 or whatever. that
seems to work
[07:21 am] Mitch K: it’s nothing personal,
it’s just business
[07:22 am] Mitch K: if you are not making
money yet, just explain you need the time
between 9am eastern to noon)or whatever time
you want) for dedicated attention to
market
[07:24 am] Mitch K: consider reducing more
NVLS if short
[07:26 am] Mitch K: lost patience with the
GME short, taking off screen
[07:27 am] Mitch K: AGU, MOS, MON short worth
covering most here
[07:29 am] Ed : covering my last 1/4 short
held from yesterday in NUVA
[07:29 am] Mitch K: consider covering most of
QSII here
[07:30 am] Mitch K: losing interest in HXL
short, taking off screen
[07:31 am] Mitch K: consider covering more
COV if short
[07:31 am] Mitch K: done looking at FSLR
[07:32 am] Ed : SPPI
[07:32 am] Ed : thx rusty
[07:33 am] Ed : SPPI advanced trade
[07:34 am] Ed : reducing 1/2 long SPPI
[07:35 am] Ed : stop last 1/2 @ b/e[07:36 am]
Ed : out 1/4 long SPPI
[07:38 am] Ed : will trail last 1/4 long
SPPI
[07:48 am] Ed : GME being defended
[07:54 am] Ed : reducing 1/2 long EGN
[07:55 am] Ed : GMCR
[08:00 am] Ed : GMCR negative comments
[08:01 am] Ed : MNTA being defended
[08:05 am] Ed : reducing 1/2 long GMCR
[08:07 am] Ed : reducing 1/4 long GMCR
[08:07 am] Mitch K: good work eddie money
[08:09 am] Ed : out all SPPI long
[08:13 am] Ed : reducing 1/4 long EGN
[08:16 am] Mitch K: monitoring CTXS
[08:20 am] Ed : out all GMCR long and EGN
long
[08:25 am] Mitch K: watching for top in
UTEK
[08:32 am] Mitch K: watching RTN for quick
short
[08:33 am] Mitch K: looking for bounce in
UA
[08:36 am] Mitch K: missed the HUM bottom, i
think too late at this price, will watch for
short on top of bounce though
[08:45 am] Mitch K: watching HUM for top
here, looks like turning now
[08:47 am] Mitch K: too late for buy
[08:47 am] Mitch K: watching CY
[08:54 am] Mitch K: CY toppy, looking at
small short, smaller than normal
[08:56 am] Mitch K: consider small short on
HUM
[08:58 am] Mitch K: watching OTEX, needs
higher spike though
[09:16 am] Brent : SPY new lod[09:18 am]
Mitch K: watching EGN again
[09:24 am] Mitch K: EGN doa. didn’t i say
something like that earlier on EGN
[09:26 am] Mitch K: lol, too funny
[09:37 am] Ed : JCP moving
[09:39 am] Brent : GMCR at lod[10:00 am] Ed :
covering 1/2 short JCP
[10:02 am] Mitch K: watching FSLR for
short
[10:08 am] Ed : covering 1/4 JCP short
[10:11 am] Mitch K: watching SHW
[10:14 am] Mitch K: watching MUR
[10:21 am] Mitch K: consider covering most of
MUR if short
[10:22 am] Mitch K: looking for bounce soon
in MUR
[10:24 am] Mitch K: looking for just under
62.50 for MUR long scalp
[10:25 am] Mitch K: MUR probably going higher
than 62.50 see stochastics are still low
[10:25 am] Mitch K: tells me close to 63
[10:26 am] Mitch K: but of course be
flexible
[10:43 am] Ed : out all JCP short
[11:05 am] Mitch K: well that 63.67 was
probably the last high for the day on MUR
[11:07 am] Mitch K: watching PRU
[11:45 am] Ed : CIGX possible settlement
[11:47 am] Mitch K: anyone still long PRU
[11:47 am] Mitch K: still powering up
[11:50 am] Ed : out all long CIGX
[11:59 am] Mitch K: PRU bounce probably over
too
[11:59 am] Mitch K: OTEX short over
[12:36 pm] Mitch K: watching SINA
[12:36 pm] Mitch K: for bounce on SINA
[12:55 pm] Ed : 5 min to close
[01:00 pm] Brent : have a great night, see
you in the morning
[01:00 pm] Ed : have a great evening
traders
[01:01 pm] Kris : good night everyone. see
you tomorrow.
|
[06:13 am] apple : sold some NFLX before
market
[06:13 am] khall : OH – so happy for you
apple!
[06:13 am] apple : had it for a while
[06:14 am] khall : what a fantastic start to
the day
[06:14 am] apple : it is … now
focus…..
[06:14 am] joeytsa : Gap Up : CAT, NFLX
TWC
[06:15 am] joeytsa : Gap down:
UA,CRR,LOGI,SNDK
[06:15 am] joeytsa : gig COG fall hard??
[06:15 am] joeytsa : nice job on NFLX !!!
[06:16 am] apple : thx
[06:16 am] qwert : is cog a split?
[06:17 am] apple : just about half!
[06:17 am] joeytsa : must be qwert[06:18 am]
doji : Love NFLX… just closed half of my L
in the pre-market
[06:18 am] doji : I am happy for you
Apple….NFLX should move higher…
[06:19 am] apple : i know, but i wanted to
capture that big move, and take a profit and
be happy. I have some left…
[06:20 am] joeytsa : yeah CRR go pounded
[06:21 am] doji : NFLX should drop at the
open and create an opportunity to add to your
log position
[06:22 am] apple : it had closed at
95.04….
[06:22 am] joeytsa : even before that
though
[06:23 am] joeytsa : apple: thought you were
talking about CRR, disregard that last
post
[06:24 am] joeytsa : durable goods came in
slightly better, unemployment claims
slightly worse
[06:31 am] rusty : IDIX radar
[06:33 am] rusty : Industry bankers saying
Idenix will not get bought! There has been no
interest in the co as their drug is inferior
to Pharmasset and Inhibitex[06:35 am] shark
: SLW moving
[06:36 am] lightning : L MCP
[06:38 am] rusty : covered 1/2 SBSA
[06:38 am] lightning : out some MCP
[06:39 am] rusty : DLTR lod[06:40 am] shark
: NFLX new hod[06:42 am] joeytsa : couple
months ago..nobody wanted NFLX
[06:43 am] apple : i guess i sold a little
too early today…
[06:43 am] mhaus : NFLX was the ugly
duckling
[06:43 am] joeytsa : you still did well
🙂
[06:43 am] apple : i most certainly did –
patience…
[06:43 am] shark : PCLN rockin’
[06:44 am] joeytsa : CRR moving up
[06:44 am] joeytsa : nice trade Kris
[06:45 am] rusty : sold 1/2 FSLR swing 36’s
the other day
[06:47 am] rusty : IDIX bounce
[06:48 am] skydiver : NBR – take over
chatter
[06:48 am] rusty : BIDU spike
[06:48 am] apple : MNTA still dropping
[06:50 am] skydiver : out 1/2 of CRR
112.87
[06:50 am] apple : good job sky
[06:50 am] skydiver : 🙂 thnx apple – thanks
to Kris
[06:52 am] skydiver : moving stop up on
CRR
[06:53 am] lightning : out another 1/4 MCP
long. 1/4 left
[06:54 am] rusty : FSLR radar
[06:54 am] rusty : sold 2/3 FSLR swing
[06:54 am] shark : LULU new all-time high
[06:55 am] rusty : MNTA shares plunge as
Amphastar request for stay pending appeal on
generic Lovenox granted
[06:55 am] joeytsa : shark: LULU might high
that $65 you called 🙂
[06:56 am] shark : CMG all time high
too…
[06:56 am] skydiver : out 1/4 more of CRR
112.53
[06:56 am] joeytsa : when EK hits $10..you
know the top is here 🙂
[06:57 am] shark : CMG -earnings next Wed
[06:57 am] shark : CMG -just started weekly
options TODAY! Wow!
[06:57 am] lightning : S 1/2 FSLR
[06:57 am] joeytsa : really..thought they
had them?
[06:57 am] shark : nope!
[06:58 am] shark : I had to switch to LULU
for the weeklys[06:58 am] joeytsa : i need
to update my weeklys list
[06:58 am] lightning : S full FSLR
[06:58 am] shark : AGQ hod[06:58 am] joeytsa
: let’s see if MNST can keep running
[06:58 am] joeytsa : NFLX over $119
[06:59 am] joeytsa : getting ready to push
above 1330
[06:59 am] joeytsa : home sales out soon
[06:59 am] rusty : MNTA lod[07:00 am]
joeytsa : VIX 17.41
[07:00 am] skydiver : New homes sales did
not make expectations
[07:00 am] joeytsa : home sales down 2.2%
[07:00 am] rusty : UBS – take profits on
NFLX
[07:00 am] lightning : covered 1/2 FSLR
short
[07:01 am] joeytsa : builders dropped home
prices 12% also
[07:01 am] shark : ugh!
[07:01 am] skydiver : covering FSLR 40.82
[07:02 am] joeytsa : still can’t get
buyers?
[07:02 am] rusty : MNTA nlod[07:02 am] shark
: marked up, then marked down!
[07:03 am] joeytsa : HUM ugly, might be
looking for a bottom?
[07:03 am] joeytsa : 1329.75..just couldn’t
get 1330, let’s try again
[07:04 am] joeytsa : JCP making a move
[07:04 am] apple : i just saw that too
joey
[07:05 am] apple : JCP turning over
[07:05 am] skydiver : thnx Kris on MNTA
info
[07:05 am] joeytsa : neg div on NFLX
[07:06 am] lightning : all out MCP long
[07:07 am] lightning : I did take a little
bit on MNTA at 14.35, with a 15 cent stop
[07:08 am] shark : MNST -monster profit
taking
[07:08 am] skydiver : argh – too slow on
getting SHW short — on well
[07:08 am] shark : NFLX reversal
[07:08 am] joeytsa : yeah neg div with
indis/price
[07:09 am] lightning : S 1/2 JCP
[07:09 am] joeytsa : lower high on ES,
trying to hold short-term support
[07:10 am] lightning : S full JCP
[07:10 am] apple : BVSN climbing hod[07:10
am] rusty : EA radar
[07:10 am] rusty : MNTA bounce
[07:10 am] lightning : out 1/2 MNTA L
[07:11 am] joeytsa : MJN trying for 52wk
high
[07:11 am] lightning : covered 1/2 JCP S
[07:12 am] skydiver : nice light on JCP S
[07:12 am] joeytsa : nice trading light
[07:13 am] lightning : thanks joey…it’s
been a beautiful day
[07:14 am] rusty : SGEN radar
[07:14 am] lightning : all out JCP S
[07:15 am] lightning : hoping MNTA stays
over 15 and moves up more
[07:15 am] skydiver : SGEN – take over
chatter
[07:16 am] rusty : QCOR ALERT
[07:20 am] joeytsa : great lesson
mitch[07:20 am] skydiver : yes – thnx for
lesson Mitch —
[07:20 am] apple : good reminder
[07:20 am] joeytsa : VIX back over 18..18.09
right now
[07:21 am] khall : it’s true though – when
my husband starts yapping at me before he
leaves for work it breaks my concentration
[07:23 am] shark : SPY lod[07:23 am] edgarg
: anyone think ACOM setting up for swing
short?
[07:23 am] shark : ACOM hitting resistance
at 200day ma
[07:23 am] shark : I would wait to see if it
fails the 200day, still testing
[07:23 am] joeytsa : maybe if ACOM turns
over..not there yet
[07:24 am] shark : agreed
[07:24 am] lightning : out another 1/4 FSLR
short
[07:28 am] rusty : GENE daily chart worth
watching…bit on thin side though
[07:28 am] lightning : all out FSLR short
[07:29 am] shark : SPY started higher
today…may end lower
[07:31 am] joeytsa : Mitch: MNST is pulling
back a bit, but it splits on 2/15…look for
that break above the 52wk high again 🙂
[07:31 am] joeytsa : ES sitting on 1323
[07:31 am] rusty : SPPI radar
[07:32 am] rusty : SPPI alert
[07:32 am] gamou : SBUX bounce
[07:34 am] skydiver : thnx Ed – since I’m
not advanced yet — I’ll watch SPPI 🙂
[07:34 am] shark : NFLX continuing lower
[07:34 am] lightning : MNTA closing in on
VWAP
[07:34 am] shark : SPY going neg on day
[07:34 am] shark : dropping quicker
[07:35 am] shark : AGQ lod[07:35 am] qwert
: sppi nice thx
[07:36 am] khall : lvs dropping
[07:37 am] qwert : ed do you still have your
stop for last 1/4 sppi at b/e[07:37 am] eyes
: 16 trades 9 winners 7 losers
[07:37 am] apple : good job eyes
[07:37 am] skydiver : you’re on the up side
eyes 🙂
[07:37 am] lightning : all out MNTA long
[07:38 am] qwert : way to go eyes
[07:38 am] shark : doesn’t tell me much,
eyes
[07:38 am] shark : how much % you up/down
net?
[07:38 am] eyes : I think I am over trading
Shark
[07:39 am] eyes : up +220
[07:39 am] Ed : i moved it up qwert[07:39 am]
Ed : slightly above b/e[07:39 am] qwert :
mine is just below 14
[07:39 am] shark : that’s better, eyes. you
up 1% on day, you doing well
[07:40 am] apple : all out SPPI, thx rusty
& E
[07:40 am] rusty : VIX hod[07:40 am] shark
: 1%+ =good shark day
[07:40 am] joeytsa : positive day eyes
[07:40 am] shark : AAPL down on day
[07:41 am] shark : hasn’t held last 3-4 gap
up days, joey!!!
[07:41 am] joeytsa : almost 10 points down
since ES high
[07:41 am] shark : from previous gap ups on
earnings
[07:41 am] joeytsa : profit taking? really
not sure
[07:42 am] shark : I heard that mutual funds
are overweight when it moves so much
[07:42 am] Ed : too funny sold covered nuva
for plus 1.14 and it drops like a rock
[07:42 am] shark : so they have to scale
back, even if they like it
[07:42 am] joeytsa : yeah, they have to be
balanced…
[07:42 am] shark : EXACTLY! you got it…
[07:43 am] shark : Ugh, Ed! 🙂
[07:43 am] joeytsa : institutional
distribution can take a while also
[07:43 am] shark : days……
[07:43 am] shark : yeah
[07:44 am] shark : wait for AAPL to break
low of yesterday
[07:44 am] joeytsa : since Oct, highest vol
days were red
[07:44 am] shark : 443.73 AAPL support
[07:44 am] joeytsa : 5/6 red since august
[07:45 am] joeytsa : not sure if there is
profit in that though
[07:46 am] joeytsa : yeah shark, that 443
level is the one to watch
[07:46 am] shark : I’m already in. Sold
calls on AAPL
[07:46 am] Ed : nice going shark
[07:50 am] joeytsa : ES lost 1320
[07:50 am] rusty : VIX nhod[07:51 am] eyes
: Just a question I have a ATM Strategy were
I have a 1 2 3 percent target when i hit 1
percent it automatically adjust the rest of
my position to be Even and I get stopped out
do you think i should wait longer after
taking one percent to adjust stop any
thoughts
[07:53 am] shark : I base my moves on the
personality/behavior of the stock, eyes
[07:53 am] shark : let the stock/charts tell
you how it should get treated
[07:54 am] lightning : GMCR hard drop
[07:54 am] shark : you should review your
trades each day and see if that works for
you, or if you need to adjust
[07:54 am] rusty : GMCR radar
[07:54 am] qwert : that’s pretty much what i
do eyes but then i adjust up or down
according to stock behavior
[07:54 am] shark : nice RUSTY!!! GMCR
[07:56 am] Ed : must be the meds, light &
rusty beat me to it
[07:58 am] lisas : eyes, you should be
moving your stop up/down to support,
resistance levels.
[07:58 am] shark : since recommended Ginko
Biloba, my profits are up 23.6%
[07:58 am] shark : thx, Mitch! 🙂
[07:59 am] qwert : sure thing it will be a
little later doing a brake job after this
[08:00 am] mhaus : PRU
[08:00 am] eyes : thanks everyone I just was
trying to figure if I was getting Greedy By
wanting to change my ATM
[08:00 am] apple : really, shark? i will
have to get some then… could use more
profits!
[08:00 am] mhaus : UA
[08:03 am] mhaus : QSII
[08:03 am] mhaus : EQT
[08:03 am] lightning : L a little GMCR
[08:03 am] shark : I mix it into a power
smoothie: fruits, acai, gurana, raw honey,
kelp, brewer’s yeast, acidophilus
[08:04 am] rusty : Nat gas stocks mostly
lod[08:05 am] scalpman : Out 1/3 GMCR L
[08:06 am] mhaus : qwert, in your ATM
strategy, you can add a trailing stop after
the stock reaches a profit target.
[08:07 am] scalpman : Out another 1/3 GMCR
L
[08:07 am] qwert : i use lightspeed so do
stops manually with bump buttons
[08:07 am] shark : nice, qwert[08:07 am]
mhaus : sorry. I thought it was Ninja
[08:08 am] Ed : tank u
[08:08 am] qwert : no worries
[08:08 am] scalpman : All out GMCR L
[08:08 am] Mitch K: id call Ed easy money but
he had to learn the hard way like most of us
did
[08:08 am] lightning : out all GMCR
[08:08 am] Ed : ur right about that
[08:09 am] qwert : same here school of hard
knocks
[08:09 am] scalpman : Thanks Ed …nice
call…I am 1/1 today…
[08:09 am] apple : qwert, i must have missed
something what strategy are you talking
about
[08:10 am] qwert : eyes was asking about
taking 1/2 off at 1% tgt and adjusting stop
to breakeven
[08:10 am] Ed : nice going scalp
[08:11 am] apple : we’ve had over 90 ideas
here this morning!!! and it’s only been an
hour and a half!
[08:13 am] khall : apple you are right. We
are fortunate to have such a great group in
here.
[08:14 am] qwert : wow crr still going
[08:14 am] apple : i try to keep track of
things
[08:14 am] apple : nice run on CRR
[08:15 am] qwert : yeah i sold mine way way
to early
[08:16 am] mrpolo : CTXS
[08:18 am] mrpolo : FSLR toppy
[08:25 am] lightning : watching DECK moving
down down down[08:25 am] rusty : CRR
[08:25 am] rusty : radar
[08:27 am] scalpman : All out CTSX L…
[08:27 am] scalpman : CTXS
[08:31 am] richard : CTXS, thanks Mitch,
scalpman[08:32 am] apple : richard, it was
mrpolo[08:35 am] joeytsa : so earlier on
cnbc starting with the ” is it time for
retail investors to get back in”..is the top
close?…
[08:36 am] lightning : yes. someone has to
be buying stocks on the way down.
[08:36 am] joeytsa : then i saw at
zerohedge. ” Goldman recommends opening long
positions in russell 2000″
[08:37 am] rusty : PROT daily chart worth
watching… on the thin side
[08:39 am] eyes : Mitch on UTEK I got in
28.58 how would you base your stop
[08:40 am] scalpman : Out 1/2 UTEK S
[08:41 am] eyes : what was your entry
Scalp
[08:42 am] eyes : out 1/2 1% UTEK
[08:42 am] scalpman : Out 1/4 more on UTEK
S
[08:43 am] scalpman : Trailing down ….and
out…
[08:43 am] scalpman : UTEK S
[08:43 am] scalpman : Great call
Mitch…thanks on UTEK…
[08:43 am] qwert : wow hum shot right thru
vwap[08:44 am] rusty : CRR
[08:44 am] scalpman : Wish I could have
played the other three alll winners…well, 1
at time for me, still.
[08:44 am] rusty : radar
[08:44 am] joeytsa : CRR ugly
[08:44 am] joeytsa : down 23 pts from
yest[08:45 am] mhaus : CY
[08:48 am] eyes : qwert what was your entry
on utek[08:49 am] qwert : missed it eyes
[08:50 am] mhaus : SHW
[08:53 am] mhaus : JCP moving up again
[08:53 am] joeytsa : update on home sales :
2011 was worst year ever for sales
[08:54 am] mhaus : CRR may be turning?
[08:54 am] joeytsa : nice turn from 106
[08:55 am] joeytsa : long way from break
even though 🙂
[08:55 am] sfarrill : jumped in and out of
CRR should have stayed longer
[08:55 am] eyes : stopped second Half BE
UTEK
[08:58 am] mhaus : OTEX
[09:03 am] scalpman : Time to go…4/5
today…one small loss. But another Green
day. Later start still working nicely for
me.
[09:04 am] scalpman : Thanks to TSA and the
room for excellent ideas.
[09:04 am] joeytsa : congrats scalp…seems
like you have it figured out 🙂
[09:04 am] scalpman : See you all tomorrow.
What a great service this is. Thanks
Mitch.
[09:04 am] Ed : nice going scalp, take
care
[09:05 am] Mitch K: good job scalpman, you
trading live with real money yet? or on
simulator?
[09:12 am] joeytsa : decent conversation on
cnbc[09:14 am] lightning : looks like I
missed the last CRR move down.
[09:14 am] lightning : LULU accelerating
down.
[09:15 am] doji : Is anyone still LONG in
NFLX?
[09:16 am] doji : I will keep it as swing
position… just small position although
[09:17 am] joeytsa : CRR getting tired?
[09:17 am] doji : seeing the drop in the SPY
from the morning
[09:17 am] lightning : it’s been a pretty
steady drop since 10:00
[09:17 am] doji : I thought after Helicopter
Bernake said rates will stay at low levels
until 2014 the market would rally today
[09:18 am] joeytsa : yeah light, right after
that home sales report
[09:18 am] joeytsa : doji: don’t forget the
sotu address
[09:18 am] doji : I thought that… mortgage
lenders are down today… RDN
[09:18 am] doji : sotu Joey?
[09:19 am] joeytsa : state of the
union..sorry[09:19 am] joeytsa : obama’s
“rah rah” moment
[09:20 am] joeytsa : pledge to provide 80%
of americans with high speed rail access
🙂
[09:20 am] khall : so full of it…
[09:21 am] joeytsa : pledge to have 1M
electric vehicles on the road by 2015
[09:21 am] joeytsa : etc etc[09:21 am] khall
: he’s very uh “visionary”
[09:21 am] khall : which the idea is good,
but can’t pledge to get it done in the
timeframe
[09:21 am] khall : unrealistic
[09:21 am] joeytsa : also mentioned trade
deals/thousands of jobs with brazil,chile, el
salvador[09:22 am] joeytsa : wean us off mid
eastern oil, but kill the pipeline…
[09:22 am] khall : don’t get me started on
that
[09:23 am] joeytsa : didn’t have enough time
to read it, so cut it after 26 days..but
pushed the hc bill so fast nobody read it
[09:23 am] khall : well all I can say is
that karma can be a b*****
[09:23 am] khall : and he needs to get some
better advisors
[09:24 am] khall : IMO
[09:24 am] joeytsa : great campaigner..just
unqualified to lead
[09:25 am] joeytsa : SLAB slight move
down
[09:25 am] joeytsa : yeah..its teasing you
mitch[09:26 am] qwert : it was waiting for
me to close position lol[09:32 am] joeytsa
: ISRG big drop
[09:32 am] joeytsa : higher priced stock,
not too big vol though
[09:37 am] shark : US debt ceiling will
raise from $15T today, to $16.2T tomorrow
[09:37 am] lightning : CRR closing in on the
LOD
[09:38 am] shark : UA possible bottom
[09:38 am] shark : wait til Herb Greenberg
stops talking – UA
[09:46 am] rusty : covered 2/3 SBSA
[09:46 am] shark : UA retested 100 min ma,
nicely
[09:49 am] shark : out 1/4 UA
[09:52 am] shark : out another 1/4 UA
[10:02 am] mh : anyone watching MNTA i am
long and thinking about getting out at a
loss
[10:07 am] lightning : mh, it looks like
MNTA has bounced off 15.20 a bunch of times
in the last hour…you may want to put a stop
under that and see if you can get any upside
on it.
[10:08 am] richard : Very nice Eddie Moooola
!!!
[10:08 am] Brent : EGN new lod[10:09 am] Ed :
thx richard
[10:10 am] eyes : S FSLR 40.95
[10:11 am] mh : S FSLR 40.93
[10:11 am] rusty : NUVA radar
[10:14 am] khall : eyes, what is your stop
of FSLR?
[10:14 am] mhaus : MUR
[10:17 am] rusty : Investigators with the
New York office of the Federal Bureau of
Investigation raided the offices of Benjamin
Wey’s New York Global Group yesterday,
seizing documents and conducting interviews
with employees.
[10:17 am] mhaus : WPRT
[10:18 am] rusty : Wey = Chinese stock
promoter
[10:18 am] joeytsa : nice on WPRT
[10:19 am] qwert : news on mur?
[10:19 am] shark : last 1/2 UA out at be
[10:19 am] shark : big vol spike down on
LULU
[10:20 am] rusty : MURPHY MAY SEPARATE
RETAIL BUSINESS, CEO WOOD SAYS ON CALL
[10:20 am] rusty : re: MUR
[10:20 am] lightning : that’s a great CEO
name for MUR
[10:20 am] shark : Webb taking over as new
president of Travelzoo.com
[10:20 am] rusty : indeed lol[10:38 am] eyes
: Does anyone here just use a plain chart no
stoch no volume just chart
[10:39 am] eyes : out fslr In no mans land
+02
[10:41 am] eyes : now it breaks
[10:43 am] rusty : FSLR going down fast
[10:43 am] mh : me to eyes one minute to
early
[10:43 am] mhaus : JCP
[10:43 am] Ed : it happens, the best thing u
can do now is take chart down now, but study
it later
[10:44 am] eyes : I was in it for 19 min and
nothing so i got out
[10:49 am] mh : i was like it waited for me
to get out lololo[10:49 am] khall : me too
apparently
[10:50 am] eyes : o well like they say
anything can happen
[10:50 am] rusty : FSLR: I wait till the TSA
guys get tired
[10:50 am] Ed : lol[10:50 am] rusty :
Murphy’s Law
[10:50 am] khall : ha ha ha[10:50 am] khall
: dang that Murphy
[10:51 am] rusty : FSLR to me is a very
contrarian stock
[10:51 am] rusty : Very high short interest
and a lot of hedge funds betting against
it
[10:52 am] rusty : so it rips high on the
short interest and then it descends from
there as the shorts/hedge funds try to move
it back down
[10:52 am] eyes : Well it’s been Fun Gave up
most my Earning Back to the Drawing Board
still up +222 Can’t Complain see you all
Tomorrow
[10:52 am] lightning : another up day for
you eyes! way to go!
[10:52 am] rusty : also makes it a good
stock for a swingtrade[10:53 am] Ed : take
care eyes
[10:54 am] lightning : PRU moving down
[10:55 am] rusty : whole insurance sector
weak today
[10:55 am] murano : FTK
[11:00 am] Ed : nice one murano[11:00 am] mh
: mitch your good
[11:08 am] sein : Mitch, how you determine
the target for MUR? just for our education.
You set it from previous highest close?
[11:09 am] rusty : GMCR bounce
[11:10 am] rusty : MNKD worth watching based
on daily chart
[11:10 am] joeytsa : talking NFLX on
cnbc[11:11 am] joeytsa : paid domestic
streaming business unprofitable
[11:16 am] sein : SHLD tanking
[11:17 am] joeytsa : 20cents at the
moment
[11:17 am] sein : oh sorry. I’m a novice
[11:18 am] joeytsa : that’s ok…depends on
how your chart is scaled
[11:18 am] joeytsa : looked big on mine too
haha[11:19 am] joeytsa : haven’t quite
figured out to have the price lines set at
certain levels..ie: 20 cents, 50cent
etc[11:26 am] lightning : joey, there is a
setting in e-signal to scale based on
percentage, but I haven’t figured out how it
actually works
[11:26 am] joeytsa : yeah i saw
that…usually don’t have a prob, but
sometimes the scale changes…SHLD just
switch to 5cent lines haha[11:30 am] sein :
I’m looking POT for swing short cuz it was
downgraded, missed the estimate and down in
premarket but it still goes up. may be POT
doubles the dividend may attract the
buyers
[11:41 am] rusty : PCYC defended by
analyst
[11:43 am] rusty : CTCT radar
[11:43 am] rusty : CTCT ALERT
[11:45 am] rusty : CIGX radar
[11:47 am] lightning : L 1/2 CTCT
[11:48 am] qwert : still long pru[11:54 am]
lightning : closing CTCT…not liking it
much
[11:56 am] rusty : CTCT: tell me when you
close me
[11:56 am] rusty : TSA Murphy’s Law in
effect today
[12:20 pm] joeytsa : CF lod[12:22 pm] shark
: SPY lod[12:22 pm] Ed : nice downtrend in
SPY
[12:22 pm] shark : taking a break from start
low, end hod[12:23 pm] lisas : yep, ticks
have been in negative territory since 1:30 pm
est[12:23 pm] joeytsa : yeah Ed: my ES 2584
went neg 2 hours ago
[12:26 pm] shark : AAPL just touched
yesterday’s low
[12:26 pm] shark : looking like it wants to
start gap fill
[12:26 pm] shark : GOOG dropping
[12:26 pm] joeytsa : GOOG passed below
also
[12:26 pm] joeytsa : CRM sitting on prev
low
[12:30 pm] mhaus : SINA new lod
[12:33 pm] rusty : VIX hod[12:33 pm]
lightning : OK, I’m flat and done for the
day. Thanks TSA and everyone. See you
tomorrow!
[12:36 pm] joeytsa : CF coming into some
res
[12:37 pm] rusty : KV.A radar
[12:38 pm] shark : darn CMG won’t take a
break
[12:39 pm] lisas : ok, will 3:40 be the
witching hour again?
[12:49 pm] joeytsa : NFLX bit of a spike
[12:49 pm] lisas : End of day rally still
strong
[12:49 pm] shark : I boxed NFLX in -110puts
sold/120 calls sold Jan 27 weeklys[12:50 pm]
joeytsa : nice
[12:52 pm] shark : JCP move would be like
AAPL moving from $342 to $407 in 1 day
[12:52 pm] mhaus : IOC
[12:52 pm] mhaus : GHL
[12:52 pm] shark : just to get the
perspective
[12:53 pm] joeytsa : that’s crazy
[12:53 pm] joeytsa : only difference is that
AAPL doesn’t have to mark down their stuff
40% 😉
[12:54 pm] shark : yeah
[12:54 pm] shark : SBUX after the bell
[12:58 pm] joeytsa : off topic…but for
those into Fib #’s, new fox show “Touch” is
kind of based on them and how everything is
interconnected…
[12:59 pm] lisas : saw the fib references
[12:59 pm] joeytsa : i never used them in my
trading, but my dip my toe in
[12:59 pm] shark : they work great,
[12:59 pm] shark : especially great for
currencies, too
[12:59 pm] lisas : I use them somewhat, but
often eyeball it
[12:59 pm] joeytsa : yeah…actually my ES
tick charts are multiples of fibs
[01:00 pm] shark : SBUX up to hod at
close
[01:00 pm] joeytsa : that’s what i do on
stocks lisa..eyeball 1/3rds and 50%etc
[01:02 pm] shark : can anyone put up
SBUX?
[01:02 pm] shark : did you trade NFLX today,
joey?
[01:03 pm] joeytsa : no…no trades
today…didn’t sleep well
[01:03 pm] joeytsa : just watched, toyed
with a few things
[01:03 pm] shark : up .85cents SBUX
[01:04 pm] shark : you get after hours chart
on esignal, Joey?
[01:04 pm] shark : -1.08 SBUX now
[01:04 pm] joeytsa : yeah, when i lost
connection i powered down that computer
[01:05 pm] shark : TC2000 doesn’t do after
market
[01:05 pm] joeytsa : they released
earnings
[01:05 pm] joeytsa : you trade thru
worden?
[01:05 pm] shark : AND their new version
doesn’t do broker trades off the charts,
either
[01:05 pm] shark : yes
[01:05 pm] joeytsa : gotya..i wished
lightspeed had chart trading
[01:06 pm] shark : what about Ninja?
[01:06 pm] joeytsa : love it on ninja for
futures…
[01:06 pm] shark : my CNBC feed on the
computer is 5 seconds faster than thru cable
tv[01:06 pm] shark : gives me a huge
edge!
[01:06 pm] joeytsa : i might switch, would
have to find a broker for ninja for stocks
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