[06:04 am] Mitch K: 1686.70
[06:05 am]
Mitch K: on a short term basis, it is a
fairly consistent signal.
[06:05 am] Mitch
K: ok qwert, i got a #2 sell signal on CL
just now,
[06:07 am] Mitch K: qwert, you
watching CL, see that pullback, i am going
back long CL if we can get down a little
more, maybe 97.65 area, woudl be
nice
[06:09 am] Mitch K: yeah i see, did
you see how that #2 sell works? pretty
cool, huh
[06:10 am] Mitch K: remember #2
is a short term cycle and #3 is almost a
“walk away” from yoru desk signal
[06:15
am] Mitch K: /NG
[06:15 am] Mitch K:
watching NG for bottom
[06:19 am] Mitch K:
yeah mike, guess what was at the bottom of
that SI move? i was not trading but see
the #3
[06:20 am] Mitch K: watching /NG
closely now
[06:29 am] Ed : good
morning
[06:29 am] Mitch K: qwert, did you
get long that NG? too late
now
[06:30 am] Mitch K: watching AZPN for
top
[06:30 am] Mitch K: watching PCH for
bottom
[06:30 am] Mitch K: watching SIVB
for bottom
[06:30 am] Mitch K: watching
PRXL for bottom
[06:31 am] Mitch K:
watching AMZN for trades both ways
[06:31
am] Mitch K: watchign VIAB for
bottom
[06:31 am] Mitch K: watching RYL
for bottom
[06:31 am] Mitch K: watching
FIRE for bottom
[06:31 am] Mitch K:
watching SCSS
[06:31 am] Mitch K: watching
AREX for top
[06:32 am] Mitch K: PRXL
bottoming
[06:32 am] Mitch K: watching
KERX for trades, start emphasizing the short
side
[06:32 am] Mitch K: watching HES for
bottom
[06:32 am] Mitch K: watching ADT
both ways
[06:33 am] Mitch K: watching FSL
for top
[06:33 am] Mitch K: watching VRTX
for bottom
[06:34 am] Mitch K: watching
ZMH for bottom, not ready
[06:34 am] Mitch
K: watching NFLX for bottom
[06:34 am]
Mitch K: watching AMZN for bottom
closer
[06:35 am] Mitch K: KERX
toppy
[06:36 am] Mitch K: watchign MEOH
for bottom
[06:36 am] Mitch K: watching
ADSK for bounce, not big potential
[06:37
am] Mitch K: watching PXD for top
[06:37
am] Mitch K: watching ST for bottom
[06:37
am] Mitch K: watching CAJ for top, i think
Canon cameras
[06:38 am] Mitch K: ok now
start watchign KERX for a bottom, if it is a
big one, then should give good
bounce
[06:40 am] Mitch K: watching CXO
both ways
[06:40 am] Mitch K: watching TSO
for bottom
[06:41 am] Mitch K: watching
CVLT for trades
[06:43 am] Mitch K:
monitoring MAN
[06:45 am] Mitch K:
watching AMZN for bottom closer
[06:45 am]
Mitch K: watching RYL for bottom
[06:46
am] Mitch K: consider covering AZPN
short
[06:46 am] Ed : moniotr HLF for
break of lod with strong vol for potential
short
[06:46 am] Mitch K: monitoring
CTXS
[06:48 am] Mitch K: watching YNDX for
top
[06:49 am] Mitch K: 2nd top on KERX
again,
[06:50 am] Ed : if u were able to
short HLF would cover some in here
[06:50
am] Mitch K: overall double top
[06:52 am]
Mitch K: monitiring MR
[06:52 am] Mitch K:
starting to watch CHK for bottom, more
downside first
[06:54 am] Mitch K:
watching AVY for bottom
[06:54 am] Ed :
HLF still weak would try to trail a piece if
ur still in it
[06:54 am] Mitch K: new
high on KERX
[06:59 am] Mitch K:
monitoring ROK
[07:03 am] Mitch K:
watching UNP for bottom
[07:04 am] Mitch
K: watching /NG for bottom
[07:05 am]
Mitch K: watching /NG closer for long entry
soon
[07:06 am] Mitch K: also watching
NUS
[07:06 am] Mitch K: ed, what is news
on HLF?
[07:06 am] Mitch K: watching HLF
for bottom
[07:07 am] Mitch K: got a #3 on
/NG 03
[07:08 am] Mitch K: was about 10
sec late to see it, will get sound on it
today
[07:11 am] Mitch K: watching GPOR
for bottom
[07:14 am] Ed : nice trading on
HLF short then long
[07:16 am] Ed : for
Advanced traders on HLF/NUS would look to
short the highs until overal daliy trend
changes
[07:23 am] Ed : SPY new
lod
[07:26 am] Mitch K: thanks murano,
good eye
[07:26 am] Ed : TRQ/RIO
alert
[07:27 am] Ed : RIO Said to consider
temporarily halting production at Oyu Tolgoi
operations in Mongolia due to protests –
press***Note that Turquoise Hill recently
signed a power supply agreement with Oyu
Tolgoi LLC
[07:27 am] Mitch K: anyone long
/NG?
[07:28 am] Mitch K: you guys sure bs
a lot, you should be looking for
#3’s
[07:30 am] Ed : *(US) DOE CRUDE:
+5.95M V +2.5ME; GASOLINE: ## V +500KE;
DISTILLATE: ## V -1ME; UTILIZATION: % V
83.6%E
[07:34 am] Mitch K: argh, missed a
#3 on 6A 03-13 at 1.0366 23 min ago
[07:36
am] Ed : monitoring RIMM for potential
play
[07:39 am] Mitch K: getting that FOMC
mode of quiet trading, lower
volatility
[07:41 am] Mitch K: i got to
reboot
[07:43 am] Ed : if u took RIMM
short would cover some here
[07:44 am] Ed
: trail last piece of RIMM short
[07:45
am] Ed : if u took HLF short would cover some
here
[08:37 am] Ed : nice eyes
[09:11
am] Mitch K: that was at 8:40 am
[08:43
am] Ed : nice call eyes on long/short
LIFE
[08:43 am] Ed : RIMM new
lod
[08:46 am] Ed : monitoring V
[08:49
am] Ed : Sees FY13 annual net rev growth in
low double digits and annual class A common
stock earnings growth in the high teens –
annual meeting slides
[08:56 am] Ed : if u
took V short would cover some here
[09:09
am] Mitch K: i didnt hang in there that long
myself
[09:09 am] Mitch K: anyone remember
that #3 on /NG over 90 min ago?
[09:10 am]
Mitch K: about 50 ticks Lisa
[09:10 am]
Mitch K: it is a real different kind of
thinking, one which i am not used
to.
[09:11 am] Mitch K: i took a break in
the last 30 min and i see a #3 came up on CL
using a 220v chart
[09:12 am] Mitch K: the
/NG trade does not yet have a sell signal on
it but i wouldnt buy it now. it was
tough for me to go through a No trading zone
and hold the NG position
[09:19 am] Mitch
K: here is how i think you can use
this
[09:20 am] Mitch K: let me show
you
[09:21 am] Mitch K: im sort of giving
you a webinar in advance
[09:23 am] Mitch
K: this is not perfect trading but let me
show you how i think you can trade this, the
strategy
[09:24 am] Mitch K: no, blue
arrows is trades in that candle
[09:24 am]
Mitch K: but let me get this point
across
[09:24 am] Mitch K: you can
designate right now on your platform if you
want your orders to show up
[09:24 am]
Mitch K: magent-pink is sell orders
[09:24
am] Mitch K: blue wedges is my buy
orders
[09:24 am] Mitch K: see that #3
tucked in there
[09:25 am] Mitch K: buy
sell buy sell buy sell.
[09:25 am] Mitch
K: then in the second circle you can see my
sell orders nestled in the top of
[09:25
am] Mitch K: so i got the #3 right? i
do my buying there
[09:26 am] Mitch K:
went long, then the crude market opened
regular trading hours, it dropped
down
[09:26 am] Mitch K: i screwed up here
in the 3rd circle
[09:27 am] Mitch K: then
basically broke even, or made a little on
that next move up
[09:27 am] Mitch K: bot
more at the bottom of that, i think i was
long something else then too, maybe NG or 6E,
not sure, got busy.
[09:28 am] Mitch K:
then you see a #2 sell signal. i had in
my mind dont be in a position when stocks
open because i cannot watch anything else but
stocks
[09:28 am] Mitch K: couple of
staggered sell points
[09:28 am] Mitch K:
goes down to 97.60 area, again and buy
again
[09:28 am] Mitch K: another set of
buys and quick sells. still not used to
holding holding
[09:29 am] Mitch K: there
is #3
[09:29 am] Mitch K: and you can work
an order, work that whole position on the
long side each time it keeps comiing down to
that price level
[09:29 am] Mitch K: my
point is there is only one #3 signal at lower
left
[09:30 am] Mitch K: to get rid of
your wedges of sales here is what you
do. right click on chart, data series,
watch
[09:30 am] Mitch K: i will label
this much bigger and with that music sound we
all chose together yesterday
[09:31 am]
Mitch K: and whatever you do, dont beat
yourself up, it is an objective
review
[09:31 am] Mitch K: i like to look
at that markers only to study what i did and
what i should have done.
[09:31 am] Mitch
K: ok you can do that on your platform
too.
[09:32 am] Mitch K: i posted at
around 730am almost 2 hours ago
[09:32 am]
Mitch K: now im going to show you something
that i even have problems with. lets
look at another #3 trade i took on
/NG
[09:33 am] Mitch K: it was on a NG
03-13 using a 4 range chart
[09:34 am]
Mitch K: you can all laugh now because i lost
my patience with this, made literally about 3
ticks per contract and then it moves over
next 2 hours 55 ticks
[09:34 am] Mitch K:
i took this trade and it had a drawdown of
about i think 5-6 ticks
[09:35 am] Mitch
K: i have only myself to blame
[09:35 am]
Mitch K: so we all have same problem with
thoughts, distractions
[09:35 am] Mitch K:
that second circle is where i sold.
[09:36
am] Mitch K: which is what we probably will
do most often
[09:36 am] Mitch K: one is
the #2 sell signals in the black arrows, you
see 3 staggered up along the way
[09:36
am] Mitch K: so you can approach this in 2
ways
[09:37 am] Mitch K: no
[09:37 am]
Mitch K: now regatta, that is another test
signal i have
[09:37 am] Mitch K: OR im
going to put a longer term sell signal that
matches the original #3 buy signal. but
you can play this however you want
[09:38
am] Mitch K: it is basically telling me a new
wave of buying is occuring. i have not
relied on that. im trying to focus on
the #3 first,
[09:39 am] Mitch K: how you
can work a #3
[09:39 am] Mitch K: the
purpose of teaching you my trade cycle on the
CL on previous screen was how you can work a
trade
[09:39 am] Mitch K: the reality of
this is the long term matching sell signal of
the #3 signal is something I doubt most
people wont wait for,
[09:40 am] Mitch K:
i missed this totally but came in on this
later around 6am
[09:41 am] Mitch K: i
think i posted here to watch 6E for
bottom
[09:42 am] Mitch K: is any of this
making sense?
[09:42 am] Mitch K: that is
still good to buy, i mean the #3 signal is
still valid
[09:42 am] Mitch K: i cant
find the time of the post but i know it was
on that drop
[09:43 am] Mitch K: thats all
i wanted to show you
[09:44 am] Mitch K:
this is solar fun stock isnt it?
[10:05
am] Mitch K: thanks murano, good
eye
[10:48 am] Ed : SINA Hearing weakness
being attibuted to a negative article from
Pacific Epoch (timing uncertain)
[11:05
am] Ed : monitoring ABFS
[11:15 am] Ed :
*(US) FOMC HOLDS FED FUNDS RATE TARGET AT
0.25% (AS EXPECTED):
[11:16 am] Ed :
HOUSEHOLD SPENDING AND BUSINESS INVESTMENT
HAS INCREASED; WILL CONTINUE TO PURCHASE $45B
IN TREASURIES PER MONTH
[11:29 am] Ed :
ENDP
[11:30 am] Ed : halted circuit
breaker
[12:01 pm] Mitch K: you guys
having fun with ENDP
[12:10 pm] Mitch K:
SI gave a #3 and a #2 signal
[12:10 pm]
Mitch K: anyone got some big
kahunas?
[12:17 pm] Ed : SPY new
lod
[12:54 pm] Mitch K: good job today
guys, good action throughout the day
today
[12:58 pm] Ed : have a gret evening
traders
[12:58 pm] Mitch K: you guys take
care, see you tomorrow.
| [06:10 am] mikewd2 -: good area qwert if
breaks above
[06:11 am] elisha :
Good Morning Mitch and everyone
[06:11 am]
joeytsa : should be mike
[06:13 am]
mikewd2 -: wow- aubry retiring from
CHK
[06:14 am] joeytsa : is that why
it gapped up?
[06:14 am] khall : ha
ha – likely yes
[06:16 am] taco : TM
toyota has a big recall on some of their
cars
[06:16 am] taco : gm
all
[06:16 am] eyes : Cl stuck in a
channel
[06:17 am] mikewd2 -: SI gave a
nice 60 cent move
[06:18 am] mikewd2 -:
FSL)Freescale price target raised to $15 from
$11 at Pacific Crest
[06:19 am] mikewd2 -:
i don’t have the money to trade SI
[06:20
am] mikewd2 -: tried it once and wow
–
[06:20 am] jimjllsail :
Hello
[06:20 am] joeytsa : nice move
though, yeah /SI margin is high
[06:20 am]
lisas : I hear there is a reason the
margin is high
[06:21 am] mikewd2 -: CL
moving
[06:21 am] khall : LOL – and
what would that be lisa?
[06:21 am]
lisas : it’s a trader killer, firms
don’t like being left holding the
bag
[06:22 am] khall : yeah, it can
sure rip your head off
[06:22 am]
lisas : Ok, hubby got trading computer
going last night, lets see how long it works
today:)
[06:22 am] apple : good
morning to all exciting traders
[06:22 am]
apple : gm lisa – good to
hear
[06:22 am] lisas : gm
apple
[06:22 am] apple : gm
khall
[06:22 am] apple : gm
mike
[06:23 am] apple : gm
joey
[06:23 am] taco : hi
apple
[06:23 am] khall : good
lisa!!! hope it makes it
today
[06:23 am] apple : gm
jimi
[06:23 am] taco : mga
[06:23
am] joeytsa : yeah lisa: /SI can empty
a few accounts if not careful
[06:23 am]
apple : gm taco
[06:23 am]
apple : gm eyes
[06:23 am]
apple : gm elisha
[06:23 am]
apple : gm qwert
[06:24 am]
elisha : gm apple
[06:25 am]
joeytsa : nice quickie on /CL
[06:26
am] mikewd2 -: GC staying above the old
resistance
[06:27 am] joeytsa : yeah
mike, watching 1680 level now
[06:27 am]
joeytsa : im still on 02-13,
didnt switch yet
[06:28 am] mikewd2 -: on
gold i’m on april
[06:28 am] apple :
2 more min.
[06:28 am] joeytsa : oh
ok
[06:29 am] qwert : no was busy
with open 🙁
[06:29 am] elisha
: Good Morning Ed
[06:30 am]
electrader : got it Mit=ch
at3.284
[06:30 am] cowboyh : Gm
Ed
[06:30 am] apple : gm
cowboy
[06:31 am] apple : gm
elec
[06:31 am] apple : gm
E
[06:31 am] apple : NFLX sure
popped
[06:31 am] joeytsa : watching
RYL,DDD
[06:33 am] mikewd2 -: watching to
short FSL at top of this bounce
[06:33 am]
mikewd2 -: no shares – bummer
[06:34 am]
taco : nice short off NFLX
[06:35
am] joeytsa : watching TXT
[06:35
am] mikewd2 -: will take FSL short via
puts
[06:35 am] shark : watching
RIMM
[06:38 am] mikewd2 -: ST going to be
good
[06:39 am] joeytsa : CELG
trying for $100 again
[06:39 am]
taco : no short share at IB
KERX
[06:39 am] taco : too dangerous
for me tho
[06:39 am] Ed : nice call on
AZPN Mitch
[06:40 am] joeytsa : yeah
Ed, that was nice
[06:40 am] mikewd2 -:
missed ST, nice one
[06:40 am]
regatta : thanks for ST mike
[06:42
am] skydiver : monitoring CF
[06:43
am] mikewd2 -: dang got 38 shares of STl
long
[06:43 am] mikewd2 -: ST
[06:43
am] taco : NFLX weak
[06:43 am]
taco : ?
[06:43 am] mikewd2 -: FSL
getting close
[06:43 am] shark :
AMZN testing lod
[06:44 am] shark :
new lod 🙂
[06:45 am] joeytsa : AAPL
testing $460
[06:46 am] shark : KORS
testing lod
[06:46 am] apple : nice
move off low on /ES
[06:47 am]
joeytsa : eye on SLAB
[06:49 am]
mikewd2 -: SODa
[06:50 am] shark :
SODA spending about 1/3 of annual budget on
$4m super bowl ad
[06:50 am] apple :
move off bottom in AMZN?
[06:50 am]
mikewd2 -: ROK
[06:51 am] Ed : AMZn trying
to break downtrend
[06:51 am] shark
: so it is a pyramid scheme – HLF
[06:54
am] shark : all out AMZN s
[06:54
am] joeytsa : nice shark
[06:54 am]
mikewd2 -: SRPT
[06:55 am] shark :
thx joey 😉
[06:56 am] taco : CHK
dive
[06:57 am] shark : CVLT buyable
gap up on earnings acceleration
[06:57 am]
taco : wow i kicked some but this morn
with few shares too. i can imagine how some
of you do
[06:57 am] taco : mainly
NFLX trades
[06:57 am] skydiver : CF
has been very very slow coming down
[06:57
am] taco : 100 shares
[07:00 am]
joeytsa : tigthen SLAB if
long
[07:00 am] shark : AAPL
consolidating
[07:00 am] skydiver :
covering 3/4 CF short 233.26 –
231.83
[07:01 am] shark : see if it
can break higher
[07:02 am] shark :
RIMM day may slow AAPL move higher
[07:02
am] joeytsa : nice leg down on
AMZN
[07:02 am] mikewd2 -: CEVA
[07:02
am] shark : yeah, missed it, joey
🙁
[07:03 am] shark : closed out on
last green 1min candle
[07:04 am]
joeytsa : nice 4+pt pullback on
/ES
[07:06 am] mikewd2 -: HES
[07:06
am] shark : HLF
[07:07 am]
shark : SPY new lod
[07:08 am]
qwert : thx mitch
[07:08 am]
shark : die, NFLX, die
[07:09 am]
joeytsa : /ES trying to hold
pp
[07:09 am] skydiver : covered
last piece of CF 230.69
[07:09 am] mikewd2
-: +50 cents on HLF, stock makes me
nervous
[07:09 am] taco : shark
attack!
[07:09 am] shark :
😉
[07:10 am] joeytsa : nice mike,
me too haha
[07:10 am] shark : hey
mike, the egyptian pyramids are still
standing
[07:10 am] joeytsa : what
about the Amway one haha
[07:10 am]
shark : Hmmm….
[07:11 am]
taco : i was in amway
[07:11 am]
taco : fun rallies
[07:11 am]
joeytsa : thats what i heard
[07:12
am] taco : good book library Ron
Puryear line
[07:12 am] joeytsa :
had a relative in amway a long time
ago
[07:13 am] joeytsa : HES trying
$68 again
[07:13 am] joeytsa : eye
on RIMM, waiting for news of blackberry
release
[07:13 am] taco : HLF has
good support here
[07:14 am] shark :
all out HLF l
[07:14 am] mikewd2 -:
VMED
[07:15 am] joeytsa : RYL
testing $40 support, been a nice
short
[07:16 am] skydiver : thnx
Ed
[07:16 am] mikewd2 -: CEO of RIMM on
live
[07:16 am] eyes :
QCOR
[07:18 am] eyes : Dont like the
Vol
[07:18 am] skydiver : big day
for RIMM – this is a make or break deal
for them . . . wish them the best
[07:18
am] joeytsa : i remember when RIMM was
a high-flyer
[07:18 am] skydiver :
yeah joey
[07:18 am] joeytsa : stock
price danced like crazy
[07:19 am] mikewd2
-: BB 10 launch
[07:19 am] shark :
me too, sky
[07:19 am] shark : love
the competition
[07:19 am] skydiver
: exactly shark
[07:19 am] skydiver
: their new operating system sounds
promising, but time will tell
[07:20 am]
joeytsa : i remember when you only
needed a phone to call someone 🙂
[07:20
am] apple : nice move on AAPL so
far
[07:20 am] mikewd2 -: HAIN
[07:20
am] shark : yeah, I kind of miss that
joey
[07:20 am] joeytsa : didnt even
have to carry it, just a dime to put in the
paychone 🙂
[07:20 am] skydiver :
yeah – miss the old rotary dial
phones
[07:21 am] joeytsa : nows its
phone/internet/scheduler/etc etc
[07:21
am] shark : a dime? rotary phone? how
old are you guys?
[07:21 am] joeytsa
: younger than you haha
[07:21 am]
qwert : hahahha
[07:21 am]
taco : haha
[07:21 am]
skydiver : 🙂
[07:21 am]
skydiver : older than dirt 🙂
[07:22
am] joeytsa : you arent that old sky
🙂
[07:22 am] skydiver : well . . .
ok
[07:22 am] joeytsa : but i did
hear that your prom theme was…fire
🙂
[07:23 am] shark : you are only
as good and young as your diet!
[07:23 am]
taco : lol
[07:23 am] skydiver
: how did you know joey?
[07:23 am]
shark : FIRE new lod
[07:24 am]
apple : too funny
[07:24 am]
skydiver : been monitoring FIRE and
KORS — missed CRM – was too focused on
staying in C F short earlier – but did well
on it
[07:24 am] joeytsa : watching
AMZN for trend change..or not
[07:24 am]
joeytsa : RIO vol spike down
[07:24
am] joeytsa : /ES trying to hold 1500
here
[07:24 am] shark :
lol
[07:24 am] joeytsa : crude oil #
in 5 minutes
[07:25 am] skydiver :
anyone heard from doiji lately?
[07:25 am]
shark : he’s hiding in here somewhere,
sky
[07:25 am] skydiver : thnx shark
– – was concerned a little when I heard about
that fire in Brazil . . .
[07:26 am]
murano : TRQ
[07:26 am] shark
: scary stuff, yeah
[07:26 am]
joeytsa : saw him listed
yesterday/today but dont think he made any
commments
[07:26 am] skydiver :
ok
[07:27 am] joeytsa : thx
Ed
[07:27 am] shark : RIMM changing
name to BlackBerry (symbol too)
[07:27 am]
mikewd2 -: GC back to hod
[07:27 am] Ed :
no problem
[07:27 am] shark : battle
of the fruits
[07:28 am] shark : my
company will be Brocolli Traders
Unltd.
[07:28 am] shark : we need
more veggies
[07:28 am] shark : ok,
Mitch
[07:28 am] elisha :
CELG
[07:28 am] joeytsa : we dont
have #3’s yet
[07:28 am] mikewd2 -:
TRQ
[07:29 am] elisha : breaking
through support
[07:30 am] joeytsa :
i guess i didnt know that blackberry had a
ticker, much less a new one
[07:30 am]
elisha : CELG new lod
[07:30 am]
joeytsa : /CL contracts
flying
[07:31 am] joeytsa : not
moving much, but lots of action
[07:31 am]
joeytsa : watching 97.50 as support for
/CL
[07:31 am] mikewd2 -: RIMM
tanking
[07:32 am] taco : thx for
TRQ murano
[07:32 am] taco : and
mike
[07:33 am] mikewd2 -: boungt RIMM off
pivot 15.74
[07:33 am] qwert : wow
great move on TRQ thx murano
[07:33 am]
mikewd2 -: out 15.91 quickie
[07:33 am]
qwert : nice mike
[07:35 am]
joeytsa : nice 30c /CL move off that
97.50 support
[07:36 am] joeytsa :
/CL came right back, testing support
now
[07:36 am] qwert : nice trade
joey
[07:38 am] taco : forwrdd you
email joey re futures
[07:38 am] mikewd2
-: RIMM L 15.17
[07:39 am] mikewd2 -: out
15.42
[07:39 am] shark : VIX up 14%
to 14 today
[07:39 am] shark : 5%
correction
[07:40 am] joeytsa : FOMC
@ 11:15pdt Mitch
[07:40 am] mikewd2 -:
hope you guys shorted FSL
[07:40 am]
qwert : nice mike
[07:40 am] mikewd2
-: worked out nicely
[07:40 am]
shark : LNKD
[07:41 am] mikewd2 -:
coverered FSL puts in 0.70 out 1.05
[07:41
am] shark : nice mike!
[07:42 am]
mikewd2 -: watching RIMM for next
bounce!
[07:42 am] taco : i’m going
to head out, did well so want to break off
for a bit. see you in the aft. thanks
all
[07:43 am] joeytsa : nice taco,
enjoy
[07:43 am] shark : bye
taco
[07:43 am] joeytsa : good trade
mike
[07:43 am] apple : bye taco,
have fun
[07:43 am] apple : nice one
mike
[07:43 am] skydiver : see ya
taco
[07:43 am] mikewd2 -: looking for
some RIMM support around yesterdays’
low
[07:44 am] shark : HLF testing
lod
[07:44 am] shark : great call,
Ed -HLF
[07:45 am] joeytsa :
breaktime see you in 20
[07:45 am] Ed :
thx shark
[07:45 am] skydiver : take
care joey
[07:46 am] qwert :
monitoring SGEN
[07:48 am] shark :
KORS nice downtrend, monitoring
[07:50 am]
shark : awesome bounce on
RIMM
[07:50 am] skydiver : thnx for
great calls today . . . see you all later..
again make lots of $$$
[07:50 am]
shark : bye sky
[07:50 am]
qwert : cya sky
[07:50 am] Ed : nice
going sky
[07:50 am] mikewd2 -: great
bounce off lod on RIMM
[07:50 am]
skydiver : 🙂
[07:50 am] shark
: you catch some, mike?
[07:51 am] mikewd2
-: yeah, 14.78 to 15.10
[07:51 am] mikewd2
-: so 3 wins on it so far
[07:51 am]
shark : 😉
[07:53 am] mikewd2 -:
Herbalife buying back stock since January 17,
Gasparino says
[07:54 am] khall :
$45M exit package for McClendon – must be
nice to “retire”
[07:54 am] mikewd2 -:
close to my package – when i
retired
[07:54 am] mikewd2 -: oh, that was
an “M” not a “k”
[07:54 am] khall :
LOL
[07:55 am] apple : haha, now you
never have to retire
[07:56 am]
shark : out all HLF s
[07:56 am]
cowboyh : isis running up
[07:56 am]
Ed : nice trading shark
[07:56 am]
shark : thx, Ed
[08:02 am]
apple : nice move off bottom on
AMZN
[08:02 am] apple : FOMC today
at 2:15 EST
[08:02 am] eyes : Mitch
is Kerx setting up for a good
Bullshort
[08:04 am] mikewd2 -: BlackBerry
say BB10 to launch with over 70K
applications
[08:04 am] mikewd2 -: decent
apps
[08:05 am] mikewd2 -: AVG, lower vol
stock
[08:07 am] eyes :
KERX
[08:07 am] mikewd2 -: DDD
bouncing
[08:17 am] qwert : cowboy
thx for ISIS
[08:18 am] qwert : CHK
new lod
[08:18 am] murano :
SRPT
[08:18 am] qwert :
srpt
[08:19 am] qwert : wow that was
fast did you get SRPT murano
[08:19 am]
murano : No, missed my entry
[08:19
am] mikewd2 -: i missed it
[08:19 am]
mikewd2 -: would have been a great
one
[08:19 am] qwert : i missed
too
[08:20 am] eyes : PXD
[08:26
am] regatta : BHP
[08:27 am]
regatta : disregard BHP
[08:27 am]
eyes : LIFE
[08:28 am] joeytsa
: CVLT nice day
[08:28 am] qwert :
real nice on CVLT
[08:29 am] shark :
yeah, buyable gap up on earnings
[08:29
am] shark : CVLT
[08:29 am]
qwert : look at 3min on cvlt cup and
handle?
[08:30 am] shark : good eye
qwert
[08:31 am] shark : nice bounce
on AMZN off b/e
[08:31 am] qwert :
🙂
[08:31 am] joeytsa :
yep
[08:32 am] eyes : VLO double
bottom
[08:36 am] elisha :
SNDK
[08:36 am] mikewd2 -: HLF above
36
[08:37 am] elisha :
bidu
[08:37 am] elisha : sorry,
wrong window
[08:37 am] mikewd2 -: nice
call on LIFE eyes
[08:37 am] mikewd2 -:
Macquarie believes a Thermo Fisher and Life
Technologies deal would be a
postive
[08:37 am] qwert : nice eyes
on VLO
[08:41 am] mikewd2 -: watching RIMM
on test of lod
[08:42 am] joeytsa :
eyes: nice catch on LIFE
[08:43 am]
mikewd2 -: would consider taking some profits
on LIFE short – here
[08:48 am]
shark : SPY/DIA back to b/e
[08:48
am] shark : watch if DIA runs for 14000
today
[08:48 am] qwert : news on
V?
[08:49 am] mikewd2 -: Visa sees FY13
adjusted annual operating margin about
60%
[08:49 am] qwert : thx
Ed
[08:49 am] shark : MA moving on
news too
[08:50 am] joeytsa : i have
V earnings on 2/6 ?
[08:50 am]
joeytsa : est is $1.78, whisper
1.81
[08:52 am] joeytsa : V nice
weekly chart
[08:52 am] joeytsa :
uptrend since mid 2011
[08:53 am]
eyes : Rimm test low
[08:54 am]
lisas : dang, this computer just isn’t
going to work. third shutdown this am, glad I
went sim for the day
[08:54 am]
joeytsa : BIIB hod
[08:54 am]
joeytsa : thats no fun lisa
[08:54
am] qwert : thx for V Ed
[08:54 am]
joeytsa : maybe buy a trading laptop to
take with you?
[08:55 am] lisas :
well, it was one damaged by Fedex in shipping
a couple years ago, that they never picked up
after the replacement, so I we got an extra
two years out of it and I got another new
computer, but I’m going to have to get
another one for my nomadic time of
year
[08:55 am] apple : yeah, lisa,
maybe you need another one? my HP is
good. the DEll not so good.
[08:56
am] joeytsa :
http://www.falcontradingsystems.com/laptops.h
tml
[08:56 am] joeytsa : gets you to
the falcon laptop area
[08:56 am]
lisas : funny joey, this is a
falcon
[08:57 am] joeytsa :
ahhh
[08:57 am] lisas : that was
damaged by Fedex, so they sent me a new one
that is at home
[08:57 am] lisas : I
have a removable hard disk I take back and
forth.
[08:57 am] joeytsa : oh
ok
[08:57 am] shark : wow,
lisa
[08:57 am] lisas : so would be
nice to get one compatible with
that
[08:57 am] lisas : but new ones
are so small today, that would be nice
also
[08:58 am] apple :
exactly
[08:58 am] regatta :
watching CLSN
[08:59 am] lisas :
well, calling it a day, having lunch with a
relative. Have a great day all
[08:59 am]
joeytsa : and you want one that can
handle data
[09:00 am] shark : bye
lisa
[09:00 am] lisas : yes joey,
for sure
[09:00 am] apple : bye
lisa, have fun
[09:00 am] joeytsa :
same reason doctors dont operate with steak
knives 🙂
[09:00 am] murano : Thanks
for V Ed, great call
[09:00 am]
lisas : funny joey
[09:01 am]
lisas : Don’t want to spend too much,
as I only use it 2 months out of the
yar
[09:01 am] lisas :
year
[09:01 am] shark : and it will
be old in 2 years
[09:02 am] lisas :
yes, but then so will I, lol
[09:02 am]
joeytsa : 🙂
[09:02 am] shark
: maybe older, but not old, lisa
[09:02
am] joeytsa : not if you keep reading
my health posts on facebook 🙂
[09:02 am]
shark : joey looking 20 again
😉
[09:02 am] lisas : yep, gotta
work on that
[09:02 am] joeytsa :
🙂
[09:03 am] lisas : I did more
with ninja today due to pc issues, getting
used to the chart trading, holding longer
with Lightning
[09:04 am] shark :
nice lisa
[09:04 am] qwert : awesome
lisa
[09:04 am] joeytsa : chart
trader is nice
[09:04 am] joeytsa :
attach an ATM and then click/drag
targets
[09:06 am] lisas : yeah, but
how do you get those filled orders off the
charts? made it hard to see price
action.
[09:06 am] joeytsa : its in
the settings
[09:07 am] joeytsa :
drawing a blank where exactly
[09:07 am]
joeytsa : but you turn off plot
executions
[09:07 am] lisas : will
mess with it later, pc just finally restarted
and my ride will be here soon
[09:08 am]
joeytsa : Data series
[09:08 am]
lisas : thanks joey. they have plenty
of classes , will try to catch some of them
live or on youtube.
[09:08 am]
joeytsa : right side, scroll down under
Trades
[09:09 am] joeytsa : you have
3 choices, off, text and marker,
markers only
[09:09 am] lisas :
well, it’s giving me the cause of the blue
screen, not that I know what the heck it
means.
[09:09 am] lisas :
yes
[09:09 am] joeytsa : nice trade
Mitch
[09:09 am] qwert : yep nice
mitch
[09:10 am] lisas : how many
ticks, don’t have any screens?
[09:10 am]
joeytsa : close to 50ticks
maybe
[09:10 am] qwert : looks like
about 50 lisa
[09:10 am] lisas :
thanks joey, good move
[09:10 am]
eyes : MANH
[09:11 am] joeytsa
: even the #2 sell signals inbetween never
lost the trend
[09:11 am] lisas :
When I studied futures the past two years,
the several futures traders that I studied
said their big money came from holding the
runners. Scalp for income, hold runners for
wealth
[09:11 am] eyes : Look at
Daily as well on MANH
[09:11 am]
joeytsa : the #2 gave you additional
entry signals
[09:11 am] lisas :
that’s good joey, as it’s hard sometimes to
enter a trend, you don’t want to
chase
[09:12 am] joeytsa : thats how
i have been using Lightning lisa
[09:13
am] joeytsa : nice eyes on the MANH
daily
[09:13 am] lisas : I noticed
in the stock version of lightning, there
sometimes were consecutive signals, like two
buys in a row. Wondered how reliable those
were versus the reversal signals
[09:13
am] joeytsa : happens on futures
also
[09:15 am] shark : all out KORS
l
[09:15 am] shark : quick
$.50
[09:16 am] mikewd2 -: getting another
nice bounce on RIMM
[09:16 am] mikewd2 -:
long from 14.40 and 14.29
[09:16 am]
shark : wow 🙂
[09:16 am] mikewd2 -:
have a trailing stop –
[09:17 am]
shark : you have 1min chart zoomed
in?
[09:17 am] mikewd2 -: of 1%
[09:17
am] joeytsa : see you all for the last
hour, nice job today
[09:17 am]
shark : thx, bye joey
[09:18 am]
lisas : bye joey
[09:18 am]
lisas : looks like my ride is here, bye
all
[09:18 am] khall : bye lisa –
have fun
[09:19 am] Mitch K: just a sec
lisa
[09:19 am] apple : bye lisa,
have fun
[09:20 am] mikewd2 -: stopped on
RIMM
[09:20 am] regatta :
ALGN
[09:20 am] regatta : late to
ALGN
[09:23 am] eyes :
CODE
[09:23 am] shark : wow, blue
arrows too
[09:24 am] mikewd2 -:
nice
[09:24 am] qwert :
yes
[09:24 am] shark : ok, got
it
[09:24 am] regatta : is blue
arrow #3?
[09:25 am] shark : good to
see you scale in/out, Mitch
[09:26 am]
eyes : FIRE alert
[09:28 am]
shark : you held threw the
pullback?
[09:28 am] mikewd2 -: where’s
the stop’s mitch?
[09:28 am] mikewd2 -:
HLF moving
[09:28 am] regatta :
which are the #3 signals?
[09:29 am]
pirate : where is #3
[09:29 am]
regatta : is there an arrow
there?
[09:29 am] mikewd2 -: great call
eyes on FIRE short, hope your still iin
it
[09:29 am] regatta : at lower
left?
[09:29 am] shark : what color
denotes #3?
[09:29 am] pirate :
don’t see a number 2 or 3
[09:30 am]
regatta : sm green arrow below blue
arrow
[09:30 am] mikewd2 -: trail your
stop eyes
[09:30 am] mikewd2 -: 20
cents
[09:30 am] eyes : on
what
[09:30 am] khall : that will be
great Mitch
[09:30 am] elisha : what
are the black arrows?
[09:30 am]
regatta : thanks for the
clarification
[09:31 am] eyes : not
in a position Mike
[09:31 am] mikewd2 -:
oh thought for sure you shorted
[09:32 am]
regatta : will #3 be green
also?
[09:32 am] eyes : I was
looking at Mitches Chart
[09:32 am]
mikewd2 -: hit the 61.8% retracement almost
exactly
[09:34 am] eyes : BOFI low
Vol thou
[09:35 am] mikewd2 -: take some
profits if you went long on HLF
[09:35 am]
electrader : i’m not laughing at you
Mitch.
[09:35 am] mikewd2 -: need RIMM to
push thru 14.65
[09:35 am] shark :
how long to make those 3 ticks?
[09:35 am]
pirate : so the 3 green arrows are what
your calling a #3 buy
[09:35 am]
qwert : i have been guilty of that
mitch or i bump my stop up to b/e to
quickly
[09:36 am] regatta : is that
a #3 right between the purple
circles?
[09:38 am] regatta :
ok
[09:38 am] regatta :
thanks
[09:41 am] shark : AAPL at
b/e
[09:42 am] regatta :
yes
[09:43 am] eyes : SFUN
[09:43
am] eyes : alert SFUN
[09:43 am]
electrader : Makes good sense,
Mitch. Really excited about
this
[09:44 am] mikewd2 -: hugh spreads on
SFUN
[09:44 am] shark : thx,
Mitch.
[09:44 am] shark : Now back
to our regularly scheduled LIFE
[09:47 am]
regatta : GOL, low priced
[09:47 am]
mikewd2 -: Soufun holdings, not sure what
they do
[09:48 am] murano : SouFun
Holdings Limited
(SFUN:$24.58,00$-2.07,00-7.77%) , the leading
real estate and home furnishing Internet
portal in China, will report its unaudited
fourth quarter 2012 results before the U.S.
markets open on Friday, February 8,
2013.
[09:48 am] eyes : I Pass on
SFUN
[09:49 am] mikewd2 -: i hit it 24.37
out 24.87
[09:49 am] eyes :
nice
[09:50 am] regatta : INAP, low
priced
[09:50 am] regatta : and low
vol
[09:53 am] victor51 : Mitch,
last evening, I bought EUR @1.349 in sim act.
and one contract is up +800. Nice first time
experience. I also saw 12 tick up in
one minute at 1:25 am last night.
Do you see this kind of a spike in a minute
or was it just exception
[09:55 am]
eyes : see you all in a while
[09:55
am] mikewd2 -: NFLX trying to
bounce
[09:56 am] shark : thx mike,
covering my short here NFLX
[09:57 am]
mikewd2 -: RIMM moving nicely off
lod
[09:58 am] mikewd2 -: been some really
big buy blocks going thru
[10:03 am]
murano : SO
[10:06 am] murano
: It was supposed to get to the 44.20
area
[10:07 am] Ed : was that edged in
stone
[10:07 am] murano : It did not
pay attention to my plans
[10:07 am]
qwert : i was waiting for 44
:))
[10:07 am] Ed : got it
[10:08 am]
Ed : yea more of stretch in price better
chance of nice bounce
[10:09 am]
murano : Not enough of a drop
[10:09
am] mikewd2 -: first day in weeks that i
haven’t traded AAPL
[10:09 am] mikewd2 -:
maybe i broke that bad habit – lol
[10:11
am] apple : sometimes it’s good to have
a little change
[10:13 am] apple :
MBI had a nice move
[10:14 am] mikewd2 -:
SO hit that 44.20
[10:14 am] murano
: I don’t like the stagger down, I wanted it
to fall down SO
[10:15 am] Ed
: good point murano
[10:16 am] mikewd2 -:
watching CSTR
[10:16 am] mikewd2 -: RIMM
back thru 15
[10:18 am] regatta :
BSMX
[10:24 am] qwert : watching
WFT
[10:25 am] mikewd2 -: HLF still moving
up
[10:31 am] mikewd2 -: POT
[10:31 am]
mikewd2 -: raises divi
[10:35 am]
apple : to 46?
[10:44 am] mikewd2 -:
SNA
[10:44 am] mikewd2 -: SINA
[10:48
am] mikewd2 -: SINA Q4 portal revenue to
decline sequentially, Pacific Epoch
says
[10:54 am] apple : tthx
mike
[10:57 am] eyes : Watch
BMC
[10:59 am] apple : nice move off
bottom on AMZN
[11:00 am] eyes : RGR
low VOl thou
[11:06 am] mikewd2 -:
Arkansas Best upgraded to Buy from Neutral at
BofA/Merrill
[11:12 am] apple : AAPL
in tight range today
[11:13 am]
apple : nice move on SINA
[11:13 am]
mikewd2 -: i took it long apple, but didn’t
like the news and dumped small loss
[11:17
am] joeytsa : looking for /GC sell
cover soon
[11:17 am] mikewd2 -: really
nice jump in GC
[11:17 am] joeytsa :
same with /PL
[11:18 am] mikewd2 -: got 16
ticks of it
[11:18 am] joeytsa :
nice job
[11:18 am] joeytsa : looks
like 8pt move off of R3
[11:19 am]
joeytsa : sell cover just
showed
[11:20 am] mikewd2 -: out HLF, nice
ride up
[11:21 am] Ed : nice
mike
[11:22 am] murano :
HALO
[11:22 am] apple : great
mike
[11:23 am] joeytsa : good
trading mike
[11:24 am] mikewd2 -:
Halozyme downgraded to Neutral from
Outperform at Wedbush
[11:25 am]
eyes : BSMX
[11:26 am] mikewd2 -:
got of HLF just in time
[11:27 am]
joeytsa : VMW decent move past
hour
[11:28 am] joeytsa : PLL vol
spike down, lower vol stock
[11:29 am]
mikewd2 -: VMW slowed at this pivot
[11:29
am] murano : ENDP
[11:30 am]
joeytsa : halted
[11:30 am]
joeytsa : huge vol spike
there
[11:31 am] joeytsa : maybe
they found a cure to stupidity…rushing it
to DC 🙂
[11:33 am] mikewd2 -: GC
gave back 5 bucks
[11:33 am] joeytsa
: saw that, that higher high was on neg
div
[11:34 am] joeytsa : ENDP
trading again
[11:35 am] mikewd2 -: Endo
Health in exploratory talks to sell itself,
Reuters says
[11:35 am] joeytsa :
buy it mike 🙂
[11:35 am] joeytsa :
you and doji go half 🙂
[11:37 am] mikewd2
-: VR
[11:37 am] mikewd2 -: VRX
sorry
[11:37 am] apple : wow
ENDP
[11:38 am] joeytsa :
HES
[11:40 am] mikewd2 -: no shorts on
ENDP
[11:40 am] joeytsa : lightspeed
has them
[11:44 am] murano :
WCRX
[11:45 am] joeytsa : mike: nice
call on VRX
[11:48 am] mikewd2 -: that was
all exciting, didn’t make one trade –
haha
[11:49 am] mikewd2 -: RIMM giving
some back
[12:01 pm] joeytsa :
decent bounce on VRX
[12:02 pm] taco
: yes:)
[12:02 pm] qwert : missed
endp but traded vrx and wcrx
🙂
[12:03 pm] mikewd2 -: i got wcrx short
– decent
[12:04 pm] skydiver : thnx
for ENDP Ed 🙂
[12:04 pm] Ed : no
problem
[12:04 pm] skydiver :
🙂
[12:04 pm] qwert : thx mike for
vrx
[12:05 pm] mikewd2 -: watching
GC
[12:05 pm] qwert : thx murano for
wcrx
[12:05 pm] eyes :
velt
[12:06 pm] eyes : low
price
[12:06 pm] mikewd2 -: where’s
rusty?
[12:09 pm] mikewd2 -: AAPL
realatively quite today
[12:10 pm]
qwert : apple or aapl
🙂
[12:10 pm] taco : got 2nd helping
WCRX thx murano
[12:10 pm] qwert :
what
[12:14 pm] joeytsa : thanks
Mitch,Ed,everyone..enjoy the day, see you
tomorrow 🙂
[12:14 pm] Ed : c ya
joey
[12:14 pm] taco : bye
joey
[12:14 pm] Mitch K: ok later
joey
[12:15 pm] taco : KERX is
pulling back
[12:16 pm] mikewd2 -:
RIMM lod
[12:17 pm]
qwert : cya joey
[12:18 pm]
taco : VELT
[12:18 pm] murano
: TIVO
[12:21 pm] mikewd2 -:
PANW
[12:29 pm] taco : thanks eyes
for VELT
[12:29 pm] mikewd2 -: AAPL at
pp
[12:29 pm] eyes : your
welcome
[12:31 pm] murano : If you
took TIVO short would cover most
here
[12:35 pm] eyes : Good Night
Everyone
[12:35 pm] apple : bye eyes
have a nice evening
[12:36 pm] mikewd2 -:
starting to think we may be seeing the start
of a correction
[12:37 pm] victor51
: Mitch, great both buy and sell signals from
Lightening on ENDP
[12:41 pm] mikewd2 -:
nice drop on AAPL
[12:44 pm] taco :
Thanks Mitch Ed for endp and all see you
tomorrow
[12:44 pm] Ed : c ya
taco
[12:44 pm] apple : bye taco
have a fun evening
[12:46 pm] apple
: hey, sandeep just sent me an email, will
reply later!! he was so funny trading under
his desk!
[12:48 pm] murano : See
ya’ll tomorrow
[12:48 pm] Mitch K: thanks
for the stock ideas murano
[12:48 pm] Ed :
c ya murano
[12:48 pm] qwert : bye
everybody got an appointment awesome
calls today cya in the am
[12:48 pm]
qwert : bye murano
[12:49 pm]
apple : bye murano
[12:52 pm]
mikewd2 -: RIMM lod
[12:53 pm] shark
: nice lower highs on AMZN all day
[12:55
pm] shark : SLV nice gap up on pocket
pivot vol today
[12:58 pm] shark :
FB chart for earnings?
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