[06:52 am] Mitch K: ADSK bouncing, more
upside from 37.37
[06:53 am] Mitch K: looking for short in
OVTI, prefer a rebound first for most of
short
[06:54 am] Mitch K: starting to watch DRI,
Darden restaurants. drop
[06:54 am] Mitch K: did i say to sell
SHOO?
[06:54 am] Mitch K: consider selling SHOO, i
would sell SHOO
[06:55 am] Mitch K: watching WCG for top,
lower vol, smaller posit
[06:56 am] Mitch K: watching JIVE for short
above 21 later
[06:56 am] Mitch K: watching UAN for bottom
to buy
[06:57 am] Mitch K: consider covering SGY if
short
[06:58 am] Mitch K: watching CBI for
bottom
[06:59 am] Mitch K: taking OVTI off
screen,
[06:59 am] Brent : watching PANL for a
bounce
[06:59 am] Mitch K: watching CBI closer
[06:59 am] Mitch K: cover MOH short here, or
most of it
[07:00 am] Brent : watching OEH for a
short
[07:00 am] Mitch K: watching CLNE for top to
short again today
[07:00 am] Mitch K: MGA toppy for short
[07:00 am] Brent : would like to see PANL
drop more first
[07:00 am] Mitch K: watching IAG for bottom
to buy
[07:01 am] Mitch K: CAB toppy for short
[07:01 am] Mitch K: watching TUP closer,
TUpperware
[07:03 am] Brent : SPY approaching hod
[07:05 am] Brent : consider reducing OEH
[07:05 am] Mitch K: MOH should give a 2nd
helping short
[07:06 am] Mitch K: sort of a high
maintenance stock
[07:06 am] Mitch K: MELI is always a pain to
short, finally dropping though. way you have
to trade MELI is small repeated trades.
[07:07 am] Mitch K: still liking NDSN
short
[07:07 am] Mitch K: should be a little more
upside on CBI
[07:07 am] Brent : consider reducing PANL if
long
[07:08 am] Mitch K: forget CAB idea, lost
patience
[07:08 am] Mitch K: MCP should have more
upside
[07:09 am] Mitch K: watching JAZZ, probably
next short target
[07:10 am] Mitch K: covering KBR, i have
patience problem
[07:10 am] Mitch K: looking for low $56s on
NDSN short
[07:11 am] Mitch K: monitoring CRM for
bottom, prob not soon, tougher trade
[07:12 am] Mitch K: looking for under $47 for
MGA target
[07:12 am] Mitch K: quickie short in WPRT,
late but more profit left
[07:13 am] Mitch K: looking for lower low
below 34.80 on MOH 2nd helkping;
[07:13 am] Mitch K: on a stock like NDSN
short, the target of low $56 should not be
automatically covered, this is type chart
that can easily dribble down down down
[07:15 am] Mitch K: if new high on WPRT i
cover and try again
[07:16 am] Mitch K: reallly late to see VRSN
but more downside, never mind
[07:17 am] Mitch K: MCP bounce looks
over
[07:17 am] Mitch K: CBI long, hoping you
sold, last comment about more upside was
wrong, RUsty’s fault
[07:18 am] Brent : PANL still holding up.
44.50 area next target
[07:21 am] Mitch K: watching ANR for top to
short
[07:22 am] Mitch K: actually, limited
potential, forget ANR at this price
[07:24 am] Mitch K: watching PSA for top
[07:26 am] Mitch K: no hurry to cover
NDSN
[07:27 am] Mitch K: TUP short behaving
well
[07:33 am] Ed : advanced trade
[07:33 am] Ed : IMOS
[07:36 am] Mitch K: Did anyone need a
mulligan on NDSN?
[07:47 am] Mitch K: TUP probably smart to
cover most of short
[07:49 am] Brent : CBI moving up
[07:53 am] Ed : has failed 3x prev.
[07:53 am] Ed : watch CSTR @ around
60.97
[08:04 am] Ed : TDW needs more selln
[08:05 am] Ed : watching TDW for potential
buy
[08:08 am] Brent : AIG dropping
[08:11 am] Ed : consider reducing TDW
long
[08:15 am] Ed : if u took CSTR short consider
covern some
[08:19 am] Ed : consider reducing more TDW
long
[08:30 am] Ed : JAZZ new hod
[08:53 am] Brent : SPY new hod
[09:00 am] Ed : monitoring WLL
[09:13 am] Brent : PPO moving
[09:41 am] Brent : watching IRM
[09:44 am] Brent : HOS new hod
[09:45 am] Ed : if u took WLL short would
cover some here
[09:52 am] Ed : SPY consolidation at
highs
[10:00 am] Ed : ROYL moving
[10:02 am] Brent : SPY new hod
[10:28 am] Brent : PBH spike
[10:37 am] Ed : nice trend in VVUS
[11:07 am] Brent : GTLS moving
[11:11 am] Ed : very thin
[11:11 am] Ed : monitoring COLM
[11:13 am] Brent : consider reducing
GTLS
[11:30 am] Brent : SPY at lod
[11:36 am] Ed : consider covering COLM if u
took it short
[12:07 pm] Ed : APC won cout ruling
[12:08 pm] Ed : court ruling re: rig
spill
[01:00 pm] Brent : good night everyone, have
a great weekend, see you Monday
[01:00 pm] Ed : have a great evening
USER Chat
[07:48 am] mrpolo : PRLB also new IPO, which
is trading.
[07:48 am] qwert : thx ed
[07:48 am] qwert : forgot to keep an eye on
vvus today nice chart
[07:48 am] Ed : no problem
[07:48 am] shark : me 2 , qwert
[07:49 am] mikewd2 -: traded it twice today
qwert – VVUS
[07:49 am] qwert : nice mike
[07:49 am] garyb : awesome mike
[07:50 am] eyes : Well by the looks of it
Gas is going to go way up oil at 108
[07:50 am] shark : put in a double bottom at
about 18.72 -VVUS
[07:50 am] mikewd2 -: seems to always go up
after a 2.5M volume tick
[07:50 am] mikewd2 -: 250k, sorry
[07:51 am] mikewd2 -: missed CBI, alert set
wrong – good call Brent
[07:54 am] shark : CRM new hob
[07:55 am] shark : hob =high off bottom
[07:55 am] mikewd2 -: love the hob stocks –
haha
[07:55 am] shark : yeaaahhhh
[07:56 am] mikewd2 -: no CSTR shares for
short at TS
[07:58 am] mikewd2 -: gary you still in SINA
long?
[07:58 am] lisas : Thanks Mike, I’ll quit
watching it
[07:58 am] lisas : Ed took them all
[07:59 am] mikewd2 -: probably Kris
[07:59 am] Ed : figured u would lisa
[07:59 am] mikewd2 -: anyone short CSTR?
[07:59 am] mh : CSTR S 60.50
[07:59 am] lisas : It would be nice if wprt
would break 44.20
[08:00 am] mikewd2 -: mh where do you
trade?
[08:00 am] thomasohana : CECO
[08:00 am] mh : think or swim
[08:00 am] rusty : BV open
[08:00 am] mikewd2 -: nice short
[08:02 am] go4it : Mike is there a place to
look if shs avail on TS?
[08:02 am] rusty : RI man pleads guilty in
Vt. to selling fake maple syrup, faces up to
3 years in prison
[08:03 am] mikewd2 -: i just tried to short
CSTR and it said hard to borrow
[08:03 am] qwert : haha
[08:03 am] mikewd2 -: not sure about in
general
[08:03 am] go4it : ok thx
[08:03 am] rusty : IB has CSTR
[08:03 am] doji : SPY moving, any news?
[08:03 am] rusty : Penson too
[08:03 am] mikewd2 -: Ed will know about
TS
[08:03 am] shark : go CRM, go
[08:04 am] thomasohana : whoa XCO
[08:04 am] doji : Consumer sentiments
[08:04 am] doji : highest of the year
[08:04 am] doji : hummmm, really?
[08:04 am] mh : joey great call on CRM
[08:04 am] mh : got out way to early
[08:04 am] shark : he’s on 1hr union break,
mh
[08:04 am] doji : Yes Joey, now get another
one…
[08:05 am] victor51 : I am leaving for
Worden’s chart technique seminar. Have a nice
week end great trading today
[08:05 am] mh : hope he comes back to a pile
of cash
[08:05 am] mikewd2 -: closed SINA L 62.70
from 62.15 tired of waiting onit
[08:05 am] shark : VIX spike down =new lod
16.58
[08:05 am] shark : SPY hod
[08:05 am] mrpolo : Bye Victor.
[08:06 am] shark : where’s the seminar
Victor?
[08:06 am] rusty : cya victor, what’s your
vector
[08:07 am] rusty : the seminar is in jive.
do you speak jive
[08:07 am] mrpolo : Is anyone having trouble
with the BV feed? I don’t have a chart or any
numbers except for bid/ask.
[08:07 am] rusty : BV fine here
[08:07 am] shark : beautiful here, too
[08:08 am] mrpolo : Must be my sucky
Etrade.
[08:08 am] shark : I’m sure I can download
the jive app, rusty
[08:08 am] skydiver : ok on esignal mrpolo
as well as scottrade and lightspeed
[08:09 am] mrpolo : Thx guys. Its just
me.
[08:09 am] rusty : In an effort to
underscore his core beliefs leading up to
this Tuesday night’s primary contests, former
Sen. Rick Santorum made a campaign swing
through the Seventeenth Century today.At the
first stop of his ambitious journey, Mr.
Santorum restated his reason for seeking the
White House: “I am running for President
today because the position of Spanish
Inquisitor is no longer available.”The
former Pennsylvania Senator served up red
meat to his seventeenth-century supporters,
telling them, “Since we all agree that
contraception is a bad idea, it’s time to
take a harder look at electricity and
soap.”
[08:10 am] mrpolo : HaHa
[08:10 am] shark : WHAt?
[08:11 am] shark : I’m getting my boat ready
for the Cayman’s
[08:11 am] rusty : jeez
[08:11 am] shark : QCOR taking back the
50day ma -very bullish
[08:11 am] rusty : joey has mutliple maids
and a butler
[08:11 am] garyb : TDW looks good…I think
I missed that train
[08:11 am] rusty : shark getting boat ready
for Caymans
[08:12 am] rusty : and I am making spanish
omelettes for 150
[08:12 am] shark : haha
[08:12 am] rusty : i gotta move off this
simulator
[08:12 am] Ed : u cook on a simulator
rusty
[08:13 am] qwert : haha
[08:13 am] rusty : paper cooking
[08:13 am] Ed : mh u still in CSTR
short?
[08:13 am] eyes : Well I am off to a funeral
See you all Monday
[08:13 am] shark : good one, Ed
[08:14 am] Ed : c ya eyes
[08:14 am] rusty : who would let me cook for
them realtime anyway…I havent washed my
hands since 1970’s
[08:14 am] lisas : crm struggling with
14…never mind
[08:14 am] khall : Ed, I’m still in CSTR
short
[08:14 am] Ed : k
[08:14 am] klas : Still in
[08:14 am] shark : CRM just broke above
23.6% Fib resistance
[08:14 am] qwert : bye eyes have a great
weekend going live monda?
[08:14 am] lisas : as I was saying crm
struggling with 143
[08:14 am] qwert : monda=monday
[08:15 am] lisas : second time charm?
[08:15 am] eyes : I dont Know Mitch wont
answer me I need to see
[08:15 am] shark : nice lisas – lower vol as
we go higher too CRM
[08:16 am] shark : you are “eyes”. see
what?
[08:16 am] lisas : patience on wprt paying
finally
[08:16 am] skydiver : thnx Ed
[08:16 am] Ed : no problem
[08:16 am] mikewd2 -: BV cranking up
[08:16 am] lisas : switched to 5 min to
manage crm, may keep some as swing
[08:16 am] garyb : nice lisas, good one
[08:16 am] Ed : lisa u is on point
[08:17 am] shark : hmmm, interesting
lisas
[08:17 am] eyes : I feel I am Ready thou it
hasnt been 90 days yet
[08:17 am] shark : use lod as your
stop?
[08:17 am] Ed : when is the 90 up
[08:17 am] qwert : u are getting really
consistant
[08:17 am] shark : you on probation,
eyes?
[08:17 am] thomasohana : is it 90 trading
days or just 3 months eyes?
[08:17 am] thomasohana : lol
[08:18 am] skydiver : do you count holidays
in that as well eyes?
[08:18 am] rusty : GRH radar… based on
daily chart…a bit thin on volume
[08:18 am] lisas : have a portion protected
right under 143, rest not to far below
[08:18 am] shark : way too thin, rusty
[08:18 am] rusty : each to their own
[08:18 am] rusty : thin is in
[08:19 am] shark : hahaha
[08:19 am] shark : I like that, lisas
[08:19 am] Ed : and phat is where its at
[08:19 am] shark : vol my main concern
[08:19 am] shark : phat wallet, inc 🙂
[08:19 am] eyes : I still lack a month
[08:20 am] rusty : i’ll sell u a month if
you need it
[08:20 am] skydiver : ok eyes – so in
another month you’ll be just that much better
– and ready to teach the rest of us 🙂
[08:20 am] Ed : nice
[08:21 am] skydiver : be back in 5 minutes
— coffee time 🙂
[08:22 am] mrpolo : BV made a run. I didn’t
trade it since I can’t see a chart.
[08:22 am] lisas : mcp finally showing life,
stopped on most, left a small size on
[08:22 am] shark : take 10, sky! make it
high quality coffee and enjoy
[08:23 am] rusty : PPO radar
[08:23 am] rusty : sudden spike
[08:26 am] eyes : My agreement was on
12/16/11
[08:27 am] eyes : Well I see you all Monday
I better get ready for the funeral
[08:27 am] Ed : c ya eyes
[08:27 am] lisas : bye eyes
[08:28 am] khall : have a good weekend
eyes
[08:28 am] garyb : have a good weekend
eyes
[08:28 am] observer : c u eyes
[08:28 am] mrpolo : Bye eyes.
[08:28 am] klas : See ya eyes
[08:28 am] qwert : bye eyes
[08:30 am] rusty : buy eyes
[08:31 am] garyb : nice uptrend in PANL
today after the drop
[08:32 am] skydiver : New on fly on the wall
— Iran has trippled it’s production of
iranium past 3 months
[08:33 am] garyb : wow….not good sky
[08:33 am] rusty : Iranium I like that
[08:33 am] skydiver : 🙂
[08:33 am] rusty : Is that like Iraqium
[08:33 am] skydiver : close
[08:33 am] rusty : 🙂
[08:35 am] mh : CAB
[08:36 am] shark : AAPL is reported to have
acquired Chomp for ~$50 mln, a San Francisco
based application-search startup
[08:37 am] shark : DELL announced this
morning it has acquired AppAssure, a leader
in application protection for virtual,
physical and cloud infrastructures
[08:37 am] Ed : someone is smiling today
[08:37 am] shark : yeah! 🙂
[08:37 am] shark : nice to start a co….and
$50mln later 🙂
[08:38 am] shark : Chomp’s software to be
integrated into AAPL’s App Store to help
users more easily search through the 550k+
applications available to ~300mil iOS
users
[08:38 am] Ed : blood sweat tears
[08:38 am] doji : Watching PRU
[08:38 am] lisas : cmi doing well, missed it
myself
[08:39 am] doji : 61.75 resistance
[08:39 am] doji : 61.74
[08:39 am] doji : man… wrong keyboard
[08:39 am] lisas : CBI
[08:39 am] shark : vol low on CRM -retest of
recent high
[08:39 am] joeytsa : just saw that
shark
[08:39 am] shark : 🙂
[08:40 am] garyb : DOW over 13000 now
[08:40 am] joeytsa : glad to see some of you
grabbed that CRM double bottom 🙂
[08:40 am] shark : go DOW!
[08:40 am] rusty : QCOR radar
[08:41 am] joeytsa : yeah do DOWn 🙂
[08:41 am] shark : VVUS spike down
[08:41 am] joeytsa : big tail
[08:42 am] doji : I don’t want to see the
news during the weekend… everyone giving
high fives on DOW 13,000
[08:42 am] shark : yeah…let’s wish for DOW
12999
[08:43 am] joeytsa : you wont doji..it will
be DOW 15,000 that will be in the news
[08:43 am] garyb : geez
[08:43 am] shark : DDD back over pivot
[08:44 am] joeytsa : inbetween
pivot/wvap
[08:44 am] joeytsa : break above vwap
potential 4:1 trade..wouldnt expect to get
that
[08:45 am] shark : 800% in 3 years –
DDD
[08:45 am] joeytsa : BIDU might make run for
prev hi
[08:45 am] mrpolo : QCOR at hod
[08:46 am] Ed : whats 4 lunch lisa
[08:46 am] joeytsa : BIDU, solid move above
prev hi could give $1
[08:46 am] Ed : thx joey
[08:47 am] shark : above R1 now -BIDU
[08:47 am] joeytsa : just tossing ideas to
watch
[08:47 am] joeytsa : mrpolo: good eyes on
QCOR
[08:48 am] joeytsa : thx shark on DDD
[08:49 am] joeytsa : 26 looks like big res
long chart
[08:49 am] doji : QCOR at 40 should hit
resistance
[08:49 am] joeytsa : solid break above 28
then it might be off to the races 🙂
[08:49 am] doji : from begining 2012
[08:49 am] garyb : watching AGQ for a
possible bounce
[08:49 am] rusty : sold QCOR
[08:49 am] thomasohana : nice rusty
[08:50 am] mrpolo : L QCOR at 39
[08:50 am] joeytsa : thx doji, next res is
42?
[08:50 am] shark : AGQ back to yesterday
close
[08:50 am] joeytsa : good trade rsuty
[08:50 am] joeytsa : rusty
[08:51 am] rusty : risotto
[08:51 am] joeytsa : does nothing for me
🙂
[08:51 am] rusty : Oil bulls push higher
despite demand at 15-year low
[08:51 am] joeytsa : i’ll stick with the
cannoli 🙂
[08:51 am] joeytsa : DDD testing vwap
[08:51 am] rusty : and pannetone
[08:52 am] ronfrac : there goes mcp[
[08:52 am] rusty : panettone pardon
[08:52 am] joeytsa : nice ron, MCP same 4:1
potential..not for me though
[08:52 am] shark : (MSFT): Some 44,000 March
27 puts were bought for $0.04 as investors
look for a pullback in the share price
[08:53 am] joeytsa : wow
[08:53 am] shark : IVN -More than 21,000
March 20 calls were bought for $0.20 to $0.45
as investors look for upside in the
stock
[08:53 am] ronfrac : MCP may be a swing
trade. Fundamentals picking up. Rare earth
prices up and MCP just finished adding
capacity
[08:53 am] garyb : PANL make a nice
bounce
[08:53 am] garyb : * made I mean
[08:54 am] joeytsa : good info ron thx
[08:54 am] joeytsa : hope so for them, ugly
chart 🙂
[08:54 am] doji : Hey Shark, where did you
get that info from if you don’t mind?
[08:54 am] shark : CRM new hob
[08:54 am] joeytsa : yeah, at vwap
[08:55 am] joeytsa : see if it holds
[08:55 am] shark : insider info doji
-shhh
[08:55 am] mrpolo : Out QCOR +.60
[08:56 am] joeytsa : doji: its none of your
business, just enjoy your tax-free trading
and give us a damn trade 🙂
[08:56 am] shark : lol
[08:56 am] rusty : lol joey
[08:56 am] qwert : haha
[08:56 am] rusty : agree, stfu
[08:56 am] joeytsa : haha
[08:56 am] shark : all the unusual option
info is 100% verfiable, you can look it
up
[08:56 am] joeytsa : first they want
tax-free, now they want our inside info
[08:56 am] observer : nice, mrp
[08:56 am] shark : going through scan
data
[08:56 am] shark : 🙂 lol – joey
[08:57 am] shark : the brazilian’s want a
piece of us too
[08:57 am] joeytsa : and they already have
the women
[08:57 am] joeytsa : at least WE have Mitch
🙂
[08:57 am] qwert : lunchtime be back
[08:57 am] shark : YEAHH MITCH! 🙂
[08:57 am] joeytsa : later qwert
[08:58 am] joeytsa : did anyone get that
great bounce in MELI?
[08:58 am] shark : I got an alert, but
didn’t trade it
[08:58 am] shark : 🙁
[08:58 am] joeytsa : thats closer than me
haha
[08:59 am] doji : Inside Info? wtf is
that?…..hahahha
[08:59 am] joeytsa : insiders knew nothing
!!
[08:59 am] doji : I got the info…. just
need to look at the right place
[08:59 am] doji : Crude oil spiking
[08:59 am] rusty : KLM customers can use
Facebook data to pick seats
[08:59 am] doji : Eyes, you have to pray
harder man….
[09:00 am] joeytsa : thx doji
[09:00 am] rusty :
http://bostonglobe.com/business/2012/02/24/kl
m-customers-can-use-facebook-data-pick-seats/
XfllIKRtjgsElANLpRYUYP/story.html
[09:00 am] doji : Better, don’t pray… that
would help bringing it down
[09:00 am] shark : sounds interesting
rusty
[09:00 am] shark : can I hook that up with
my Match.com subscription?
[09:00 am] joeytsa : i use facebook for
enough crap
[09:00 am] rusty : can sit next to underwear
bomber if you want
[09:01 am] shark : hahahaha
[09:01 am] shark : you watching CNBC
doji?
[09:02 am] doji : Great, I’ll book my seat
next to that hot Brazilian baby I met at the
carnival!
[09:02 am] doji : shhhhh don’t tell my
wife
[09:02 am] rusty : too late
[09:02 am] thomasohana : SHLD
[09:02 am] shark : now we know…
[09:02 am] thomasohana : SHLD
[09:02 am] shark : nice thomas!
[09:02 am] shark : SHLD Alert
[09:02 am] shark : SHLD Alert
[09:03 am] thomasohana : lol thx shark
[09:03 am] joeytsa : thx
[09:03 am] doji : Do you know that on
Russian planes they give you Vodka for
breakfast if you ask for?
[09:03 am] rusty : and lunch
[09:03 am] rusty : and dinner
[09:03 am] thomasohana : lol
[09:03 am] joeytsa : and then throw you in
prison fro 20yrs 🙂
[09:03 am] shark : watching SHLD for
top
[09:04 am] rusty : NYSE volume 215M shares,
about 25% below its three-month average
[09:04 am] shark : vol increasing
[09:05 am] doji : SHLD S 65.47
[09:05 am] rusty : thx thomas for SHLD
alert
[09:05 am] doji : Thanks Thomas
[09:06 am] joeytsa : SHLD trying to hold
prev high support
[09:06 am] shark : yup
[09:06 am] khall : no SHLD to short at
IB
[09:06 am] thomasohana : np, give me vodka
now lol
[09:07 am] rusty : SHLD very high short
interest…often difficult borrow
[09:07 am] joeytsa : crude just might hit
$109
[09:07 am] shark : that’s what options are
for
[09:08 am] shark : just a matter of time,
joey
[09:08 am] joeytsa : its there haha
[09:08 am] doji : It did already Joey
[09:09 am] shark : die, Oil, die!
[09:09 am] joeytsa : you short oil?
[09:10 am] scalpman : Wow what a day! time
to go.
[09:10 am] joeytsa : later scalp
[09:10 am] skydiver : take care
scalpman
[09:10 am] Brent : Have a good one scalp
[09:10 am] mrpolo : Bye scalpman.
[09:10 am] observer : c ya scalp
[09:10 am] shark : my dictum not working too
well on oil
[09:10 am] shark : SHLD looks like short
covering
[09:10 am] scalpman : I had trouble missing
today at 16/17! (ha)
[09:10 am] shark : could last a bit
[09:11 am] shark : I’m out +$450
[09:11 am] ronfrac : have a good weekend
scalp
[09:11 am] scalpman : Super Calls by TSZ,
and the trading room. You guys are
great.
[09:11 am] shark : bye scalp! 😉
[09:11 am] scalpman : TSA
[09:12 am] scalpman : See you all
monday
[09:12 am] joeytsa : TSZ is the inverse of
us 🙂
[09:12 am] scalpman : Scalpman has left the
building!
[09:12 am] mrpolo : PPO
[09:13 am] joeytsa : QCOR still slowly
trending up
[09:13 am] shark : retake of 50day real
bullish for mutual fund buyers to add
-QCOR
[09:13 am] rusty : PPO radar
[09:14 am] joeytsa : good point
[09:14 am] joeytsa : i dont have 50ma on
these
[09:14 am] shark : :O
[09:15 am] joeytsa : had to look at schwab
charts 🙂
[09:15 am] shark : MNST trending back
up
[09:15 am] joeytsa : chop/slop time
though..watch stops
[09:15 am] shark : you watching CNBC
doji?
[09:17 am] shark : you awake doji?
[09:18 am] mhaus : INT
[09:19 am] doji : Lost connection…
[09:20 am] doji : What is in CNBC?
[09:21 am] doji : Damm RDN… missed the
move… having issues with my connectovity
lately…
[09:21 am] joeytsa : dr j ( naj, not the bb
ball player) still like CRM
[09:21 am] shark : Najarian on options
-doji
[09:21 am] thomasohana : move to
America
[09:21 am] shark : slam dunk from possible
insider info
[09:21 am] joeytsa : haha
[09:22 am] joeytsa : no pun intended
[09:22 am] shark : Sale on CMG aisle 3 -now
over
[09:22 am] mikewd2 -: not rosy for CRM
[09:22 am] joeytsa : it was a matter of time
mike
[09:23 am] rusty : CRM bear CNBC
[09:23 am] mikewd2 -: 90 target
[09:23 am] joeytsa : thats why listening to
these people gets you no where
[09:23 am] mikewd2 -: 91
[09:23 am] mh : WLL moving
[09:23 am] shark : got to listen to the
right guys on CNBC
[09:23 am] joeytsa : thx mh
[09:23 am] joeytsa : or just follow the
chart 🙂
[09:24 am] doji : Are they jumping on Dow
13,000 already?
[09:24 am] joeytsa : dont tell me with your
words…tell me with your buying/selling
action
[09:24 am] shark : 🙂
[09:24 am] joeytsa : same with
horseracing….
[09:24 am] shark : you mean “show”
me…
[09:24 am] shark : don’t “tell” me
[09:24 am] joeytsa : if someone really likes
a horse, the money will show up on the
toteboard
[09:25 am] joeytsa : and usually not how you
think….
[09:25 am] joeytsa : have to be smart to
read the tote…like finding a pocket
pivot
[09:25 am] shark : nice….
[09:26 am] joeytsa : shark: if you took your
pp smarts and applied to to the races, you
would prbably do well…
[09:26 am] shark : my new weekend job?
[09:26 am] joeytsa : i played an entire meet
mid-late 1970s that way
[09:27 am] shark : at least with stocks, I
can add or take $ off the table during the
race
[09:27 am] joeytsa : but both give you the
option to play or not 🙂
[09:28 am] joeytsa : imagine if in
blackjack, you got to choose AFTER you got to
see the dealer up card
[09:28 am] joeytsa : trading we have the
choice to either take a trade or not…
[09:28 am] joeytsa : if setup is there,
hammer it, if not pull chips back in
[09:29 am] thomasohana : TLB
[09:29 am] joeytsa : the ES cons just under
hod
[09:31 am] doji : HCN closed the gap
[09:31 am] shark : The world’s ninth-largest
yacht was spotted off the SoCal coastline.
The 440-foot boat costs more than $300
million and features not one, but two
helipads, seven decks, a spa, library and
even a room that generates snow.
[09:32 am] shark : anyone wanna go skiing
this weekend?
[09:32 am] joeytsa : crazy…kris is really
living it up 🙂
[09:32 am] doji : Won’t get that boat if I
trade like today… hahaha
[09:32 am] joeytsa : ALXN slight
breakdown
[09:34 am] shark : http://bit.ly/yKJ2R5
[09:34 am] doji : FSLR
[09:35 am] joeytsa : crazy boat
[09:36 am] joeytsa : has a submarine
haha
[09:37 am] shark : VIX lod
[09:38 am] shark : who needs property taxes
when you can live on a 440′ yacht?
[09:38 am] shark : bought/built/delivered
outside USA – ZERO sales tax!!
[09:40 am] shark : CRM new hob
[09:40 am] murano : IRM
[09:40 am] thomasohana : thx murano
[09:41 am] doji : still holding CRM
sharky?
[09:41 am] skydiver : nice murano on IRM –
thnx
[09:41 am] shark : YES!
[09:42 am] mikewd2 -: VVUS nre hod
[09:42 am] doji : I need to learn how to be
patient
[09:42 am] joeytsa : SHLD nice push thru
cons
[09:42 am] shark : ha
[09:43 am] shark : more short covering
SHLD
[09:43 am] joeytsa : CRM is the cash
machine
[09:43 am] shark : no where to go but
up
[09:43 am] shark : you get back in
joey?
[09:43 am] joeytsa : CRM?? yeah
[09:43 am] shark : 🙂
[09:43 am] joeytsa : late though..not
looking for much
[09:44 am] shark : great support on the
23.6% fib retrace
[09:44 am] shark : fell thru, then retook
it
[09:45 am] joeytsa : looks weak here
though
[09:45 am] doji : How many indicators you
have on your charts Sharky?
[09:46 am] joeytsa : LULU coming in to test
prev cl
[09:46 am] joeytsa : almost got stopped on
CRM
[09:46 am] thomasohana : anyone use trade
ideas?
[09:47 am] joeytsa : isnt trade ideas a lot
like etrade scanner?
[09:47 am] joeytsa : closing CRM
[09:47 am] thomasohana : yea, just wanted to
know what you folks use for your reversal
filters
[09:48 am] joeytsa : cant help on that
one..sorry
[09:49 am] joeytsa : ES big multi-top at
1367
[09:51 am] joeytsa : shark: maybe AAPL wants
$525?
[09:51 am] rusty : JAZZ back near hod
[09:52 am] joeytsa : SHLD still running
[09:53 am] joeytsa : yeah Ed, ES in very
tight 1pt range for an hour
[09:54 am] Ed : selling being absorbed little
by little keep volatility low last couple of
days
[09:54 am] Ed : cant last forever
[09:54 am] joeytsa : spy volume about 1/3 of
yest right now
[09:54 am] Ed : another reason why first 90
minutes is soo much fun
[09:54 am] joeytsa : amen
[09:55 am] joeytsa : middle 90 is great for
checking on swings,news,emails, facebook
🙂
[09:55 am] Ed : and cooking
[09:55 am] rusty : amen brother
[09:55 am] joeytsa : yeah lunchtime your
side of the US
[09:56 am] Ed : west coast is always
breakfast, u guys party all the time
[09:56 am] joeytsa : i wish haha
[09:56 am] joeytsa : CRM cons here
[09:58 am] mikewd2 -: AGQ lod
[09:59 am] joeytsa : you playing that mike,
or just monitoring?
[09:59 am] mikewd2 -: in ZSL loong
[09:59 am] mikewd2 -: from 9.05 this
morning
[09:59 am] joeytsa : gotya, i dont get etfs
on Esig
[10:00 am] joeytsa : FLS small drop
[10:01 am] joeytsa : thx Ed
[10:01 am] Ed : nice one on BIDU joey
[10:01 am] joeytsa : SHLD cons, break above
hod has $1.50 potential
[10:02 am] joeytsa : thx..making a bit of a
move
[10:04 am] shark : Silver lower – Gold
higher
[10:06 am] shark : AAPL shooting for $525
today?
[10:06 am] joeytsa : thats what i asked you
a few minutes ago 🙂
[10:07 am] shark : 🙂 looks like it!
[10:07 am] doji : Test
[10:07 am] joeytsa : i see you doji
[10:07 am] joeytsa : cool sombrero 🙂
[10:11 am] rusty : might look to sell some
FSLR puts again…if I can find conclusive
earnings date
[10:12 am] joeytsa : one site has it as 2/23
🙂
[10:12 am] rusty : yes many sites show
that
[10:12 am] joeytsa : whisper 14cents lower
than cons est
[10:12 am] doji : FSLR dropping
[10:13 am] murano : FCN
[10:13 am] mikewd2 -: 3/9 on FSLR earnings
per etrade
[10:13 am] rusty : FSLR website says no
upcoming events
[10:13 am] rusty : lol
[10:14 am] joeytsa : i wouldnt want one
either with that chart haha
[10:14 am] joeytsa : yahoo has it listed as
3/9 also
[10:14 am] mikewd2 -: yeah a bit scary
[10:14 am] rusty : everyone liked FSLR at
50
[10:14 am] joeytsa : not me
[10:14 am] joeytsa : 50 was a great
short
[10:15 am] joeytsa : most timeframes are
showing downtrend
[10:15 am] mrpolo : If the European govs
continue to cut their help to solar, FSLR
will be in single digitis
[10:16 am] rusty : how do you arrive at that
valuation mrp?
[10:17 am] mrpolo : Just a guess and because
Chinese manufactures are always cutting
prices for market share.
[10:17 am] Ed : calculation based on abacus
#s
[10:18 am] joeytsa : $30 a key level
[10:18 am] shark : Nostradamus 15th edition
-2012
[10:18 am] Ed : he had many predictions
[10:18 am] mrpolo : Thru the years as things
companies manufacxture become like DRAM chips
that waht happens. Look at MU years ago and
look at it now.
[10:18 am] lisas : None which help with my
trading
[10:18 am] joeytsa : nostradamus =
cramer
[10:19 am] mrpolo : It will take a while,
probably a few years.
[10:19 am] shark : I need my mortgage pmt by
the 1st
[10:20 am] shark : joey has horse pmt by the
15th
[10:20 am] qwert : bidu pulling back to 135
level
[10:21 am] thomasohana : AWAY moving
[10:21 am] thomasohana : nvm
[10:22 am] joeytsa : yeah shark 🙂
[10:22 am] mrpolo : Not that far-fetched on
FSLR. Just this last year went from 170 to
36.
[10:22 am] joeytsa : yeah mrpolo, and gave
GREAT short near $120 even if you were
late
[10:22 am] rusty : are any of you short from
120 or even 50?
[10:23 am] joeytsa : i was in daytrades
[10:23 am] rusty : lol
[10:23 am] qwert : same here but only in
daytrades
[10:23 am] joeytsa : i dont hold
anymore
[10:24 am] qwert : same here have not been
holding
[10:24 am] joeytsa : no reason to for
me…others like to
[10:24 am] mrpolo : Remember without Gov
help around the world, every manufacture
would lose money on every sale. Can’t make
that up with volume, simply more loss.
[10:24 am] joeytsa : i dont like my money at
risk 24/7
[10:25 am] mrpolo : I agree Joey. I won’t
short =it or buy puts over long term periods.
To much risk.
[10:26 am] joeytsa : i would buy puts over
shorting if i had to make the choice
though…much less risk
[10:26 am] mrpolo : Yes. I agree.
[10:26 am] rusty : if something is going
from 35 to single digits..why dont you ss
it??
[10:27 am] rusty : or buy puts?
[10:27 am] joeytsa : because i can trade it
each day
[10:27 am] joeytsa : and not have to worry
about some bs surprise
[10:27 am] rusty : you’re not going to make
25 points shorting it intraday
[10:27 am] joeytsa : dont need to
[10:28 am] joeytsa : and i would probably
make more than 25 actually
[10:28 am] mrpolo : Leaps tend to be very
expensive for a year or two out. Not enough
risk/reward for me. Used to do it in the past
in the 1990’s and lost money.
[10:29 am] joeytsa : if you short at 35 and
it goes to 0…most you make is 35
[10:29 am] joeytsa : but it wont go straight
there
[10:29 am] rusty : i havent seen many
traders make 35 points in a year
[10:29 am] rusty : except the bs artists on
twitter
[10:30 am] mrpolo : That’s right Joey and
you are at risk the entire time if something
goes wrong.
[10:30 am] Ed : ppan would make it in an
hout
[10:30 am] joeytsa : i made 8 on CRM
today
[10:30 am] rusty : if 35 points is a bad
trade I am in the wrong room
[10:30 am] Ed : hout=hour
[10:30 am] joeytsa : not saying you are
wrong…
[10:30 am] qwert : joey are you still long
crm
[10:30 am] joeytsa : no
[10:30 am] joeytsa : im flat at the moment,
wont trade till last hour
[10:31 am] qwert : i just have small long
bidu
[10:31 am] joeytsa : a total 35 point drop
can still give you 50+ points possibly..with
bounces etc
[10:31 am] mrpolo : I used to trade options
in the 1990’s and lost a lot of money over
several years.
[10:31 am] joeytsa : thats thats just to the
downside
[10:32 am] joeytsa : mostl likely catch some
real nice bounces too
[10:33 am] mrpolo : The probably of making
money on options over the long haul is like
being at a craps table in Vegas. You will
eventually lose.
[10:33 am] joeytsa : thats why when i use
them i like 75-80 delta
[10:34 am] mrpolo : I know. I lost $145,000
in three years.
[10:34 am] joeytsa : you get most of the
upside, downside slows as stock goes against
you
[10:34 am] mrpolo : I used multiple systems
in options over those years and lost with
them all.
[10:35 am] rusty : before doing options you
neeed to be pretty good at stock
direction
[10:35 am] joeytsa : no matter what option
strategy you use..the KEY is having the
correct underlying stock
[10:35 am] joeytsa : amen rusty
[10:35 am] mrpolo : Even if you are Rusty,
the premium you pay is what kills you.
[10:36 am] rusty : thats why I use large
premiums to sell options
[10:36 am] joeytsa : smart play
[10:36 am] Ed : rusty like to be the
house
[10:36 am] mrpolo : That’s a much better
strategy, Rusty.
[10:36 am] joeytsa : think i read 95% of
options expire worthless
[10:36 am] rusty : so while everyone is
saying XXXX is going to infiinty and beyond
uranus, I collect the crazy premium
[10:36 am] Ed : odds in his favor
[10:36 am] observer : that’s why it’s
generally more favorable to sell the calls
vs. buying puts
[10:36 am] mrpolo : That’s right Joey.
[10:36 am] joeytsa : most people pick the
wrong options also, even if they have the
correct stock
[10:37 am] joeytsa : most people rush and
buy the cheap options..think its a lottery
ticket
[10:37 am] rusty : and I only use options on
stocks that I am willing to trade the common
if necessary
[10:37 am] joeytsa : they are afraid of
premiums
[10:38 am] mrpolo : I have sold options,
covered calls thru the years. It does work
and makes you slow money.
[10:38 am] joeytsa : right rusty..because
you picked a stock that fits your
qualifications
[10:38 am] Ed : they drink the kool-aid of
what is told
[10:38 am] joeytsa : i have done covered
calls, credit spreads
[10:38 am] rusty : premiums are like vix to
me…when premiums are high…its a sign the
crowd is all one way…and I dont want to be
in that theatre when it catches fire
[10:38 am] lisas : Now you tell us Ed
[10:38 am] mrpolo : I use covered calls in
my retirement acct.
[10:38 am] joeytsa : best so far is if
buying an option..to buy deep ITM one
[10:39 am] observer : also a good
strategy
[10:39 am] joeytsa : your loss is minimized
and you get most of the upside
[10:39 am] mrpolo : I did that Joey, but if
it goes against you, you lose big money.
[10:39 am] rusty : any of you remember Lenny
Dykstra and his easy options plays?
[10:39 am] joeytsa : yeah
[10:40 am] mrpolo : Yep.
[10:40 am] joeytsa : only if you hold them
mrpolo
[10:40 am] rusty : now he selling his gold
toillet to pay for food
[10:40 am] joeytsa : you still need a stop
loss
[10:41 am] mrpolo : True Joey. But like at
earnigns time a stock can move 20% at open.
Can’t sell the option and lose big
money.
[10:41 am] joeytsa : so you dont hold thru
earnings
[10:41 am] mrpolo : Stop loss doesn’t help
at open and big movement.
[10:41 am] observer : you never even want to
hold a stock into earnings
[10:41 am] joeytsa : sell 1 or 2 days b4
earings
[10:42 am] observer : yes
[10:42 am] observer : if not earlier
[10:42 am] joeytsa : also, another HUGE
mistake options buyers do…
[10:42 am] qwert : i got killed holding thru
earnings never again
[10:42 am] joeytsa : they dont give
themselves enough time on the option…
[10:42 am] joeytsa : always looking for the
cheap way in/out
[10:42 am] mrpolo : Tried that back then
Joey, but made them only a little bit of
moeny becasue of premium.
[10:43 am] observer : also tough to be long
into expiration with easily manipulated
stocks like gold and silver the big boys
always short
[10:43 am] joeytsa : were you buying itm,
atm , otm??
[10:43 am] eddy : why there is only one
moving average line on the spy chart?
[10:44 am] mrpolo : Mostly atm.
[10:44 am] joeytsa : how long b4 earnings
did you buy them and what was your strike
month?
[10:44 am] joeytsa : how many months out i
mean
[10:45 am] mrpolo : Ususually, would buy two
or three weeks bfore earniings with on to two
month out options.
[10:45 am] joeytsa : like rusty said, it
still comes down to the stock
[10:45 am] joeytsa : not bad mr polo
[10:45 am] doji : Oil gunning for 110….
Light you have to pray HARDER!
[10:45 am] joeytsa : if stock has no clear
trend, i stay away
[10:46 am] mrpolo : Still lost moeny over
the years. Many winning trades but more
losing trades.
[10:46 am] rusty : too busy look at
boobs?
[10:46 am] rusty : and bottoms?
[10:46 am] qwert : what?
[10:46 am] joeytsa : i had a small run of
losers around 2006, things seemed to change
for me
[10:47 am] joeytsa : before that earnings
were a decent play
[10:47 am] mrpolo : Biggest winner was
$45,000 in one day. Boy was I excited about
that, but it didn’t last long.
[10:47 am] Ed : rusty u should look at barbie
dolls that way
[10:47 am] joeytsa : now i am in/out on
daytrades
[10:47 am] rusty : i will, please send the
ones you borrowed from me back
[10:47 am] Ed : lol
[10:47 am] joeytsa : i caught most of a $150
run in 3-4 days once
[10:48 am] mrpolo : Cool.
[10:48 am] joeytsa : late 90’s
[10:48 am] rusty : ever ss something and get
caught in 100 point run against you?
[10:49 am] mrpolo : 1990’s for me too. My
wife made me stop trading options after that.
She put the hammer down.
[10:49 am] rusty : happened both ways during
interent craze
[10:49 am] joeytsa : no but a $40 over swing
once
[10:49 am] joeytsa : overnight
[10:49 am] mrpolo : Rusty, was that
AskJeeves.
[10:49 am] joeytsa : only lost premium
thankfully
[10:49 am] rusty : ASKJ one of many
[10:49 am] doji : who needs dolls when you
have Brazilian babies?
[10:50 am] rusty : I shorted SCON at 30 went
to 110
[10:50 am] rusty : then back to 1
[10:50 am] joeytsa : wild west days
[10:50 am] mrpolo : Ouch.
[10:50 am] joeytsa : CMGI was the one i
caught
[10:50 am] mrpolo : Then good.
[10:50 am] joeytsa : one i lost was some
biotech crap
[10:50 am] rusty : CMGI used to move 80-100
points some days
[10:50 am] joeytsa : haha
[10:51 am] rusty : before it went to 1
lol
[10:51 am] joeytsa : im pretty sure that
most of my stable stocks from back then arent
even around..except jdsu and qcom haha
[10:52 am] mrpolo : I told you guys about my
friend the other day making over $450,000. It
was a stock called Pressteck.
[10:52 am] mrpolo : Lost 150 points in one
day.
[10:52 am] joeytsa : it was seeing all of
those huge runs taht got me interested in
stocks
[10:53 am] joeytsa : got VERY lucky and
found the right mentor..still took a beating
from time to time though
[10:53 am] mrpolo : I wish I had the puts on
it but of course I didn’t.
[10:53 am] joeytsa : and also..didnt have
much money to put into stocks haha
[10:53 am] rusty : anyone who played during
internet craze and still around to talk about
it = winner
[10:53 am] rusty : most dead
[10:54 am] mrpolo : Option went from $1 to
over $100 in one day.
[10:54 am] rusty : i remember QCOM at
800
[10:54 am] joeytsa : today we had CRM as a
big play…
[10:54 am] joeytsa : back then there were
5-15 CRM’s daily
[10:54 am] mrpolo : Yes.
[10:54 am] joeytsa : thats how i started my
gap play 🙂
[10:55 am] joeytsa : still in effect..just
slowed a bit
[10:55 am] rusty : i shorted a stock up 70
points in afterhours
[10:55 am] joeytsa : human logic never
changes
[10:55 am] mrpolo : That takes Balls,
Rusty.
[10:55 am] rusty : few days was back to
where it started
[10:55 am] joeytsa : but back then i had to
short right on the bell
[10:56 am] rusty : someone played the wrong
symbol
[10:56 am] joeytsa : no charts,
uptick/zero-plus tick rule in effect
[10:56 am] mrpolo : Yep.
[10:57 am] rusty : even the bankrupt stocks
would run like crazy
[10:58 am] joeytsa : yeah rusty..and none of
the tech stocks had any earnings haha
[10:58 am] mrpolo : Taking luch break. BB in
a few.
[10:58 am] mrpolo : luch=lunch
[10:58 am] joeytsa : i remember my dad would
say..” how can you buy this bs, they dont
have any earnings” haha
[10:58 am] rusty : many of them didnt even
have revenues
[10:58 am] rusty : rofl
[10:58 am] joeytsa : enjoy mrp
[10:58 am] joeytsa : hahahah
[10:58 am] joeytsa : most didnt even have an
office 🙂
[10:59 am] rusty : BAMM
[10:59 am] joeytsa : they had email
haha
[10:59 am] rusty : lol
[10:59 am] joeytsa : hi..im a company
haha
[10:59 am] rusty : i shorted a one billion
dollar company that had no office
[10:59 am] rusty : was a beauty parlor at
their address
[10:59 am] joeytsa : and the ceo dressed
like i do when trading haha
[11:00 am] rusty : and of course everyone
was long
[11:00 am] rusty : while I felt like lone
ranger
[11:00 am] joeytsa : when the market tanked
it looked like ” The Walking Dead “
[11:01 am] rusty : BVSN come to papa
[11:01 am] joeytsa : thanks for the memories
and laughs..think i need some lunch
[11:01 am] rusty : enjoy the ponderosa
buffet
[11:01 am] joeytsa : 🙂
[11:02 am] garyb : back from lunch…wow.
BRENT your PANL pick is rocking today.
Nice!
[11:02 am] doji : Is Mike here today?
[11:03 am] doji : CRM on the move…. you
closed your postion Joey?
[11:04 am] observer : Mike’s listed on the
participant wall maybe he’s just away
[11:04 am] garyb : Maybe he’s at lunch
[11:05 am] doji : SLB has been crossed 80
yesterday and today….
[11:05 am] doji : I has hit 80 several
times….
[11:05 am] garyb : BVSN might be bouncing
soon? Any thoughts?
[11:07 am] rusty : probably but BVSN is low
volume suckers bet imo
[11:07 am] mhaus : GTLS alert
[11:08 am] observer : next support is all
the way dn to 34.07
[11:08 am] observer : well, it’s at least
given a bounce
[11:10 am] rusty : gary, didnt mean to sound
harsh on my last comment…I know BVSN pretty
well just dont want anyone to get hurt
[11:10 am] garyb : no….glad you mentioned
that….don’t want to get into a loser
trade..thanks rusty!
[11:10 am] rusty : can trade it both ways
just don’t be left with only chair when music
stops
[11:14 am] garyb : watching MCP for a
bounce
[11:18 am] garyb : scratch that…it looks
weak
[11:21 am] thomasohana : VVUS trend is uber
scrong
[11:22 am] rusty : VIX hod
[11:22 am] garyb : wow….TVIX and UVXY are
rocking last hour
[11:23 am] thomasohana : yea gary nice
[11:23 am] doji : FSLR new lod
[11:24 am] observer : good eye, Gary
[11:25 am] observer : are uy scanning for
biggest daily movers?
[11:25 am] garyb : thanks Art…..but to
tell you the truth…I have an eye on them
24/7! lol for personal reasons!
[11:25 am] observer : ok
[11:25 am] joeytsa : watching $145 level on
CRM
[11:25 am] garyb : Bought TVIX a little
higher then now so I am looking for a little
recovery.
[11:26 am] observer : hope it comes
[11:26 am] garyb : Thanks Art!
[11:27 am] observer : 🙂
[11:27 am] garyb : Raelyn do you have any
TVIX?
[11:27 am] joeytsa : hoping for that
recovery garyb
[11:28 am] garyb : Thanks Joey! You
rock…while I wait I am taking advantage of
some of your fitness tips! 🙂
[11:28 am] thomasohana : no I didnt get in
on that one, i was hoping for a little more
money in the trade
[11:28 am] joeytsa : plenty more to come
🙂
[11:29 am] joeytsa : GMCR nice drop when i
was away…someone on cmbc mentioned they
were selling shares of it
[11:30 am] skydiver : SPY dropping
[11:30 am] rusty : “The spy is
falling?”
[11:30 am] skydiver : 🙂
[11:30 am] garyb : lol
[11:30 am] joeytsa : psst, CRM lost $145
🙂
[11:31 am] skydiver : nice on CRM S
[11:32 am] joeytsa : thanks sky
[11:32 am] joeytsa : got out a bit early on
half size position
[11:32 am] joeytsa : dialing the trades back
now
[11:32 am] garyb : I just heard from
DOW…..he is leaving 13000..says he enjoyed
the trip
[11:32 am] joeytsa : haha
[11:33 am] thomasohana : lol
[11:34 am] khall : Looks as if we will have
lots of selling going into the weekend
[11:34 am] ronfrac : Time to work out.
Another winning day but not big. Thanks to
all TSA and traders. Have a good weekend.
frac
[11:34 am] khall : bye frac
[11:34 am] joeytsa : beefcake !!!!
[11:34 am] garyb : see you ron
[11:34 am] observer : take care frac
[11:34 am] joeytsa : have fun ron
[11:34 am] thomasohana : later frac
[11:34 am] Ed : nice trading ron, take
care
[11:34 am] mrpolo : Bye ron.
[11:35 am] skydiver : take care ron
[11:35 am] garyb : I was going to take on
some bounces…..but might be dangerous now
into the weekend
[11:35 am] observer : check out VXX
[11:36 am] skydiver : VIXY has gone up
nicely
[11:36 am] thomasohana : interesting
observer
[11:36 am] observer : yup
[11:36 am] ronfrac : Try this website. Live
Eagle cam. She has 2 eggs due in about 30
days. http://www.decoraheaglecamalerts.com
kids and adults will love it.
[11:37 am] joeytsa : long wait for a “rusty
omelette” 🙂
[11:37 am] thomasohana : lol
[11:37 am] mrpolo : PPO on run
[11:37 am] garyb : it’s because of Greece
again I think….
http://finance.yahoo.com/news/greece-launches
-debt-swap-offer-173519785.html;_ylt=Av28Py3V
Sp5R2S3efdKGa8.iuYdG;_ylu=X3oDMTQzczR1Mm4xBG1
pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwM2
OTBiOTI2Ni01NzY4LTMxNWQtODA3NC1mMDViZThmOTQ5Z
DQEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDZGVmNzcyZT
AtNWYxYi0xMWUxLWFjZjYtZDgyZTg2OTlmNmZj;_ylg=X
3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3
RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3Q
D;_ylv=3
[11:38 am] joeytsa : shark: AAPL @ 520
[11:38 am] thomasohana : there goes your
TVIX gary
[11:38 am] garyb : (sorry for the long
link)
[11:38 am] thomasohana : ok maybe not yet
lol
[11:38 am] garyb : lol
[11:40 am] joeytsa : DECK lost support
[11:41 am] joeytsa : not sure if there is
any $ in it though
[11:41 am] skydiver : yes joey — I was just
going to mention DECK, but . .
[11:42 am] skydiver : First day trying out
Madscan – will have to get used to it and
setup my settings better 🙂
[11:43 am] joeytsa : free version or the
paid?
[11:43 am] skydiver : free at the
moment
[11:43 am] joeytsa : oh ok..i think even
with the free you can find one called…
[11:43 am] garyb : watching PANL for a
possible bounce
[11:43 am] joeytsa : “price spike up/down
0.25 1min”
[11:44 am] skydiver : ok – will look for it
– thnx joey
[11:44 am] joeytsa : try sample scan,
momentum
[11:44 am] skydiver : k
[11:44 am] joeytsa : that one scan will give
you plenty to look at
[11:44 am] skydiver : okay — will play with
it – thnx again 🙂
[11:45 am] joeytsa : i have 9 running and
thats my go to scan
[11:45 am] skydiver : yes – I’m not on much
right now — getting used to Lightspeed,
esignal, madscan, sunshine, etc. 🙂
[11:45 am] joeytsa : i just cant remember
how limited the free version is
[11:46 am] joeytsa : good to hear…the
lightspeed ticker alert is cool and
risers/fallers
[11:46 am] skydiver : ok — will try
lightspeed ticker alert as well, etc.
[11:47 am] joeytsa : just gives new
highs/lows..you can set it to filter out
price/vol
[11:47 am] joeytsa : that way you dont get
some crappy 3k penny stock
[11:48 am] skydiver : hey – I heard copper
went up today on the news — so penny’s might
be worth something – only ones made out of
copper of course
[11:48 am] thomasohana : lol
[11:48 am] joeytsa : 🙂
[11:48 am] joeytsa : copper will be a great
play when the global economy starts
rolling
[11:49 am] dmitry : is GG any good here for
a long?
[11:50 am] mrpolo : I bought pallidum a few
years ago at $180 and sold some last year at
$800.
[11:50 am] thomasohana : not for me
dmitry
[11:50 am] joeytsa : maybe on a push thru
48.40 dmitry…buts thats an ugly chart
[11:50 am] rusty : nice trade mrp
[11:50 am] mrpolo : Held for 2 1/2
years.
[11:50 am] thomasohana : nice polo
[11:50 am] rusty : send 1/2 to
[email protected]
[11:51 am] joeytsa : nice polo
[11:51 am] dmitry : ok thx, joey, ohana
[11:51 am] joeytsa : 2.5 years wow , im
trying hard to hold stuff for 2.5 minutes
haha
[11:52 am] mrpolo : True, Joey. But I am
older and need long term invesments too.
[11:52 am] joeytsa : wouldnt older mean you
need something short term 🙂
[11:52 am] skydiver : quite the long tail on
VXX
[11:52 am] rusty : i am older than
Methusaleh
[11:53 am] skydiver : and I’m rusty’s
grandfather 🙂
[11:53 am] rusty : hi pappy
[11:53 am] thomasohana : VVUS again
[11:53 am] joeytsa : dmitry if you took GG
long, i would set a stop maybe 48.29..just to
keep things under control
[11:53 am] skydiver : hi grandson 🙂
[11:53 am] rusty : how’s your colostomy
pappy?
[11:53 am] skydiver : lol!
[11:53 am] rusty : oops wrong window
[11:53 am] mrpolo : Haha
[11:54 am] dmitry : thanks joey!
[11:54 am] mrpolo : I’m older than
dirt.
[11:54 am] joeytsa : no prob, if it runs
there might be 20-40 cents in it
[11:54 am] dmitry : nice
[11:55 am] rusty : mrp, you look at boobs
all day and I cook for them
[11:55 am] joeytsa : with a 10cent stop (
using 48.40 entry) thats 2-4:1…will be
slow on the up though
[11:55 am] joeytsa : not recommending you go
long though
[11:55 am] joeytsa : BIDU back to prev
high
[11:56 am] mrpolo : Some nice ones, some not
so nice ones. Depends on the age.
[11:56 am] mrpolo : 80 Year old ones, not so
nice.
[11:57 am] joeytsa : did you take that
dmitry?
[11:57 am] rusty : I thought higher is
always nice in TSA
[11:57 am] joeytsa : if so move stop to
be
[11:57 am] rusty : nicer
[11:57 am] mrpolo : Just like a fine wine,
better with age.
[11:58 am] thomasohana : or spoiled
milk
[11:58 am] dmitry : yes joey 38.36 was my
fill
[11:59 am] joeytsa : nice fill !!!! you can
probably move stop into profit now
[11:59 am] dmitry : stop @breakeven
[11:59 am] thomasohana : nice dimitry
[12:00 pm] garyb : wow… VVUS almost at
22..good thing I sold it at 10! 🙁
[12:00 pm] shark : VIX hod-quite the turn
around
[12:00 pm] shark : hug! gary
[12:00 pm] shark : hug = ugh!
[12:00 pm] joeytsa : trail up dmitry
!!!!
[12:00 pm] thomasohana : lol
[12:00 pm] joeytsa : you got that
[12:00 pm] thomasohana : hugs too shark
[12:00 pm] shark : lol
[12:01 pm] doji : wow GG
[12:01 pm] dmitry : i am on it joey
[12:01 pm] mrpolo : VVUS nice stair step
climb all day long.
[12:01 pm] joeytsa : i know..just cheering
you on 🙂
[12:01 pm] garyb : thanks shark! I feel
better now!
[12:01 pm] doji : Nice Dimitry…. did you
buy another 2M shares or what?
[12:01 pm] dmitry : i wish
[12:01 pm] joeytsa : just watch the 48.80
level
[12:01 pm] dmitry : it was probably brent or
ed
[12:02 pm] shark : CRM bounce on 23.6% Fib
retrace
[12:02 pm] joeytsa : that the 4:1 level
[12:03 pm] thomasohana : You guys have to
see “Act of Valor”, epic action
[12:03 pm] rusty : SPY volume quite low
again
[12:03 pm] thomasohana : think I saw rusty
cooking a stem cell burger in it lol
[12:03 pm] mrpolo : That good thomas.
[12:04 pm] joeytsa : rusty: looks like half
of yesterday vol
[12:06 pm] rusty : very low
[12:06 pm] rusty :
http://www.youtube.com/watch?v=9dXye0lPMbg
Rusty’s Kitchen
[12:06 pm] mrpolo : GMCR at lod
[12:06 pm] joeytsa : haha
[12:07 pm] thomasohana : you’re on a sub
rusty?
[12:07 pm] rusty : previously, today just
making subs
[12:07 pm] thomasohana : lol cool my husband
was on the USS Chicago
[12:08 pm] thomasohana : theres your TVIX
gary
[12:08 pm] garyb : but it’s dropping now
🙁
[12:09 pm] joeytsa : dmitry: update when
your GG trade is over
[12:10 pm] dmitry : moved my stop
@48.73
[12:10 pm] joeytsa : nice profit either
way
[12:11 pm] dmitry : thanks joey
[12:12 pm] joeytsa : yeah, if this level
holds, you can shoot for 10cent increments
upside
[12:13 pm] dmitry : ok
[12:14 pm] joeytsa : your trade is the only
thing im following haha
[12:15 pm] joeytsa : CRM to test vwapt
hough
[12:15 pm] mrpolo : IRM small pop
[12:18 pm] doji : Gary, VIX and TVIX have
different trend…. weird
[12:18 pm] doji : TVIX is supposed to be 3x
VIX
[12:18 pm] garyb : 2 x doji
[12:18 pm] doji : yes you are right…
[12:18 pm] joeytsa : i believe it was TVIX
that credit suisse played games with
[12:18 pm] doji : 2times more
[12:19 pm] doji : I like the VIX chart
pattern better
[12:20 pm] joeytsa : yeah they suspended
issuing further shares
[12:20 pm] shark : AIG back to yesterday
close
[12:20 pm] garyb : Apparantly TVIX follows
the VXX …look at the chart, it’s very
similare to TVIX
[12:20 pm] joeytsa : that was on tueday
[12:20 pm] garyb : Joey…that is saving my
TVIX price….this is putting a premium on
the share price
[12:20 pm] joeytsa : yeah
[12:21 pm] garyb : saved it from going back
down to 13
[12:21 pm] doji : but the cart patter
between the VIX and the VXX are quite
different
[12:21 pm] joeytsa : call mike to buy 5M
🙂
[12:21 pm] joeytsa : then dump
[12:21 pm] garyb : LOL JOEY!
[12:22 pm] shark : they are both beautiful
abstract works of art, if you ask me,
doji
[12:22 pm] garyb : On August 3th 2011 TVIX
was at 22.25 …then on August 8th…5 days
later it went to 44.26……..this action is
incredible. Mind you we had the debt
crisis…but now we are starting to see a big
problem in OIL and Iran.
[12:22 pm] garyb : (I’m a happy possitive
guy ..really I am! lol)
[12:22 pm] rusty : lol
[12:23 pm] joeytsa : thats from garys cnbc
blog
[12:23 pm] garyb : lol
[12:24 pm] shark : MNST hitting resistance
at R1
[12:24 pm] joeytsa : gary, you were a qb in
high school huh…
[12:25 pm] joeytsa : “the heck with it..Im
going long” 🙂
[12:25 pm] garyb : more like a Hail Mary
play! lol
[12:25 pm] joeytsa : hah
[12:25 pm] joeytsa : throw the pass then
look at the playbook
[12:27 pm] joeytsa : watching CRM on this
vwap test
[12:27 pm] shark : me too
[12:28 pm] shark : there she goes…
[12:28 pm] joeytsa : im in coast mode, cant
get hurt..wont make much either
[12:28 pm] shark : I pick up these .15
contracts an turn them into $1.00 here
[12:29 pm] joeytsa : i assume you are out
dmitry
[12:29 pm] dmitry : GG closed @48.73
[12:29 pm] thomasohana : nice dmitry!
[12:29 pm] shark : AAPL retested 520
joey
[12:29 pm] thomasohana : wish I went in
[12:29 pm] thomasohana : haha
[12:29 pm] joeytsa : i give you credit, you
showed patience and turned it into the
correct trade…great job
[12:30 pm] dmitry : thank you!
[12:30 pm] Ed : nice trade dmitry
[12:30 pm] joeytsa : and you had the
patience to hold it about 20 min after my
exit point..had i played it
[12:30 pm] joeytsa : did you enter/exit
limit or market?
[12:30 pm] shark : ok, spilled juice in
adding machine – note to self -buy new
one.
[12:30 pm] dmitry : both limit
[12:30 pm] shark : 1+1 now equals
3,405,632
[12:31 pm] thomasohana : haha
[12:31 pm] joeytsa : yeah, more professional
than me
[12:31 pm] joeytsa : my entry would have
been market around 48.43..you got limit at
48.36
[12:32 pm] joeytsa : my exit would have been
limit at 48.80…but you played it correctly
by seeing the trade thru and letting the
market take you out
[12:33 pm] mrpolo : Just missed my favorite
little pattern on VVUS. Mini head and soudler
top.
[12:33 pm] rusty : NYSE consolidated volume
at the 2nd or 3rd lowest of the year
today.
[12:33 pm] dmitry : joey i went in on a 3min
high of bar at 11:45
[12:33 pm] mrpolo : soulder=shoulder
[12:33 pm] rusty : CNBC Why is Gilbert
Gotffried picking stocks?????????
[12:33 pm] khall : bwah ha ha
[12:33 pm] thomasohana : lol
[12:33 pm] shark : where all washed up
actors go
[12:33 pm] rusty : he doesnt event take a
breath
[12:34 pm] joeytsa : nice dmitry
[12:34 pm] go4it : Royl move dwn
[12:35 pm] joeytsa : mandy is thinking ”
wow, and viewers thought my voice was
annoying”
[12:36 pm] rusty : Mandy has an adam
apple
[12:36 pm] rusty : just saying
[12:37 pm] joeytsa : yeah but still hot
[12:37 pm] rusty : attaboy joey
[12:38 pm] joeytsa : to steal a line from
eddie murphy..
[12:38 pm] rusty : remind me to tell you
story about friend of mine who met hot chick
in NYC bar
[12:38 pm] joeytsa : “can it get any darker
in here”
[12:38 pm] rusty : lol
[12:38 pm] mrpolo : Hot chick with a ____.
Rusty.
[12:38 pm] joeytsa : think he was in bed
with eartha kitss or someone like that
haha
[12:38 pm] rusty : lol
[12:39 pm] joeytsa : CRM failed on that vwap
break/bounce test
[12:40 pm] shark : yeah…
[12:41 pm] mrpolo : Of all the mames I’ve
seen throughout my career, I have one
favorite. Her last name was Sheets. Guess her
first name?
[12:41 pm] mrpolo : mames=names
[12:41 pm] joeytsa : VVUS really made out
with that “checkbook science”
[12:41 pm] joeytsa : Soiled?
[12:41 pm] garyb : lol
[12:41 pm] mrpolo : No.
[12:42 pm] joeytsa : Itooka?
[12:42 pm] garyb : Velvet
[12:42 pm] mrpolo : Guess again. Be
creative.
[12:42 pm] shark : hmmm…
[12:42 pm] mrpolo : Beneatha.
[12:42 pm] rusty : Carlton ?
[12:42 pm] joeytsa : nice
[12:42 pm] joeytsa : and the fresh
prince
[12:43 pm] mrpolo : Benethea Sheets.
[12:43 pm] qwert : hey everybody have a
wonderful weekend see ya all next week
[12:43 pm] rusty : u2 qwertyuip
[12:43 pm] Ed : c ya qwert
[12:43 pm] joeytsa : almost as bad as nascar
driver dick trickle
[12:43 pm] shark : nooo way!
[12:43 pm] garyb : have a good one
qwert
[12:43 pm] joeytsa : later qwert
[12:43 pm] mrpolo : Yes shark.
[12:44 pm] shark : :O whoaaa
[12:44 pm] mrpolo : Bye qwert.
[12:45 pm] richard : bye and ty, have a
great weekend everyone
[12:45 pm] rusty : cya richard
[12:46 pm] Ed : c ya richard
[12:46 pm] lisas : bye Richard
[12:47 pm] joeytsa : bye richard
[12:49 pm] rusty : WSJ: US Regulators Launch
Wide-Ranging Probe Into Close Ties Between
Stock Exchanges, Certain Electronic Trading
Firms
[12:49 pm] joeytsa : hmmm
[12:50 pm] shark : uh oh…better put a rush
on gasing up the yacht
[12:52 pm] khall : going to work out – have
a great weekend all
[12:53 pm] rusty : gn khall
[12:53 pm] joeytsa : me 2 khall
[12:53 pm] joeytsa : enjoy the weekend
[12:53 pm] rusty : gn to all the good
traders
[12:53 pm] Ed : c ya khall
[12:53 pm] khall : 🙂
[12:53 pm] lisas : bye khall
[12:53 pm] joeytsa : rough workout coming up
🙂
[12:53 pm] rusty : joey’s trainer =
benethea?
[12:54 pm] lisas : bye all, thanks Mitch,
Brent Kris. Have a great weekend!
[12:54 pm] joeytsa : haha
[12:54 pm] Ed : c ya lisa
[12:54 pm] garyb : bye lisas
[12:54 pm] joeytsa : bye lisa lisa
[12:54 pm] rusty : cya lisa
[12:54 pm] rusty : good weekend to all the
good traders
[12:54 pm] Ed : c ya rusty
[12:54 pm] mrpolo : Bye everyone. See you
next week. I didn’t go live this week since I
was sick the first two days and missed the
morning on Wed. Wish me luck next week.
[12:55 pm] joeytsa : see you m | [07:48 am] mrpolo : PRLB also new IPO,
which is trading.
[07:48 am] qwert :
thx ed
[07:48 am] qwert : forgot to
keep an eye on vvus today nice
chart
[07:48 am] Ed : no problem
[07:48
am] shark : me 2 , qwert
[07:49 am]
mikewd2 -: traded it twice today qwert –
VVUS
[07:49 am] qwert : nice
mike
[07:49 am] garyb : awesome
mike
[07:50 am] eyes : Well by the
looks of it Gas is going to go way up oil at
108
[07:50 am] shark : put in a
double bottom at about 18.72 -VVUS
[07:50
am] mikewd2 -: seems to always go up after a
2.5M volume tick
[07:50 am] mikewd2 -:
250k, sorry
[07:51 am] mikewd2 -: missed
CBI, alert set wrong – good call
Brent
[07:54 am] shark : CRM new
hob
[07:55 am] shark : hob =high off
bottom
[07:55 am] mikewd2 -: love the hob
stocks – haha
[07:55 am] shark :
yeaaahhhh
[07:56 am] mikewd2 -: no CSTR
shares for short at TS
[07:58 am] mikewd2
-: gary you still in SINA long?
[07:58 am]
lisas : Thanks Mike, I’ll quit watching
it
[07:58 am] lisas : Ed took them
all
[07:59 am] mikewd2 -: probably
Kris
[07:59 am] Ed : figured u would
lisa
[07:59 am] mikewd2 -: anyone short
CSTR?
[07:59 am] mh : CSTR S
60.50
[07:59 am] lisas : It would be
nice if wprt would break 44.20
[08:00 am]
mikewd2 -: mh where do you trade?
[08:00
am] thomasohana : CECO
[08:00 am]
mh : think or swim
[08:00 am]
rusty : BV open
[08:00 am] mikewd2
-: nice short
[08:02 am] go4it :
Mike is there a place to look if shs avail on
TS?
[08:02 am] rusty : RI man pleads
guilty in Vt. to selling fake maple syrup,
faces up to 3 years in prison
[08:03 am]
mikewd2 -: i just tried to short CSTR and it
said hard to borrow
[08:03 am] qwert
: haha
[08:03 am] mikewd2 -: not sure
about in general
[08:03 am] go4it :
ok thx
[08:03 am] rusty : IB has
CSTR
[08:03 am] doji : SPY moving,
any news?
[08:03 am] rusty : Penson
too
[08:03 am] mikewd2 -: Ed will know
about TS
[08:03 am] shark : go CRM,
go
[08:04 am] thomasohana : whoa
XCO
[08:04 am] doji : Consumer
sentiments
[08:04 am] doji : highest
of the year
[08:04 am] doji :
hummmm, really?
[08:04 am] mh : joey
great call on CRM
[08:04 am] mh :
got out way to early
[08:04 am]
shark : he’s on 1hr union break,
mh
[08:04 am] doji : Yes Joey, now
get another one…
[08:05 am]
victor51 : I am leaving for Worden’s
chart technique seminar. Have a nice week end
great trading today
[08:05 am] mh :
hope he comes back to a pile of
cash
[08:05 am] mikewd2 -: closed SINA L
62.70 from 62.15 tired of waiting
onit
[08:05 am] shark : VIX spike
down =new lod 16.58
[08:05 am] shark
: SPY hod
[08:05 am] mrpolo : Bye
Victor.
[08:06 am] shark : where’s
the seminar Victor?
[08:06 am] rusty
: cya victor, what’s your vector
[08:07
am] rusty : the seminar is in
jive. do you speak jive
[08:07 am]
mrpolo : Is anyone having trouble with
the BV feed? I don’t have a chart or any
numbers except for bid/ask.
[08:07 am]
rusty : BV fine here
[08:07 am]
shark : beautiful here, too
[08:08
am] mrpolo : Must be my sucky
Etrade.
[08:08 am] shark : I’m sure
I can download the jive app, rusty
[08:08
am] skydiver : ok on esignal mrpolo as
well as scottrade and lightspeed
[08:09
am] mrpolo : Thx guys. Its just
me.
[08:09 am] rusty : In an effort
to underscore his core beliefs leading up to
this Tuesday night’s primary contests, former
Sen. Rick Santorum made a campaign swing
through the Seventeenth Century today.At the
first stop of his ambitious journey, Mr.
Santorum restated his reason for seeking the
White House: “I am running for President
today because the position of Spanish
Inquisitor is no longer available.”The former
Pennsylvania Senator served up red meat to
his seventeenth-century supporters, telling
them, “Since we all agree that contraception
is a bad idea, it’s time to take a harder
look at electricity and soap.”
[08:10 am]
mrpolo : HaHa
[08:10 am] shark
: WHAt?
[08:11 am] shark : I’m
getting my boat ready for the
Cayman’s
[08:11 am] rusty :
jeez
[08:11 am] shark : QCOR taking
back the 50day ma -very bullish
[08:11 am]
rusty : joey has mutliple maids and a
butler
[08:11 am] garyb : TDW looks
good…I think I missed that train
[08:11
am] rusty : shark getting boat ready
for Caymans
[08:12 am] rusty : and I
am making spanish omelettes for 150
[08:12
am] shark : haha
[08:12 am]
rusty : i gotta move off this
simulator
[08:12 am] Ed : u cook on a
simulator rusty
[08:13 am] qwert :
haha
[08:13 am] rusty : paper
cooking
[08:13 am] Ed : mh u still in CSTR
short?
[08:13 am] eyes : Well I am
off to a funeral See you all Monday
[08:13
am] shark : good one, Ed
[08:14 am]
Ed : c ya eyes
[08:14 am] rusty :
who would let me cook for them realtime
anyway…I havent washed my hands since
1970’s
[08:14 am] lisas : crm
struggling with 14…never mind
[08:14 am]
khall : Ed, I’m still in CSTR
short
[08:14 am] Ed : k
[08:14 am]
klas : Still in
[08:14 am]
shark : CRM just broke above 23.6% Fib
resistance
[08:14 am] qwert : bye
eyes have a great weekend going live
monda?
[08:14 am] lisas : as I was
saying crm struggling with 143
[08:14 am]
qwert : monda=monday
[08:15 am]
lisas : second time charm?
[08:15
am] eyes : I dont Know Mitch wont
answer me I need to see
[08:15 am]
shark : nice lisas – lower vol as we go
higher too CRM
[08:16 am] shark :
you are “eyes”. see what?
[08:16 am]
lisas : patience on wprt paying
finally
[08:16 am] skydiver : thnx
Ed
[08:16 am] Ed : no problem
[08:16
am] mikewd2 -: BV cranking up
[08:16 am]
lisas : switched to 5 min to manage
crm, may keep some as swing
[08:16 am]
garyb : nice lisas, good one
[08:16
am] Ed : lisa u is on point
[08:17 am]
shark : hmmm, interesting
lisas
[08:17 am] eyes : I feel I am
Ready thou it hasnt been 90 days
yet
[08:17 am] shark : use lod as
your stop?
[08:17 am] Ed : when is the 90
up
[08:17 am] qwert : u are getting
really consistant
[08:17 am] shark :
you on probation, eyes?
[08:17 am]
thomasohana : is it 90 trading days or
just 3 months eyes?
[08:17 am]
thomasohana : lol
[08:18 am]
skydiver : do you count holidays in
that as well eyes?
[08:18 am] rusty
: GRH radar… based on daily chart…a bit
thin on volume
[08:18 am] lisas :
have a portion protected right under 143,
rest not to far below
[08:18 am]
shark : way too thin, rusty
[08:18
am] rusty : each to their own
[08:18
am] rusty : thin is in
[08:19 am]
shark : hahaha
[08:19 am]
shark : I like that, lisas
[08:19
am] Ed : and phat is where its at
[08:19
am] shark : vol my main
concern
[08:19 am] shark : phat
wallet, inc 🙂
[08:19 am] eyes : I
still lack a month
[08:20 am] rusty
: i’ll sell u a month if you need
it
[08:20 am] skydiver : ok eyes –
so in another month you’ll be just that much
better – and ready to teach the rest of us
🙂
[08:20 am] Ed : nice
[08:21 am]
skydiver : be back in 5 minutes —
coffee time 🙂
[08:22 am] mrpolo :
BV made a run. I didn’t trade it since I
can’t see a chart.
[08:22 am] lisas
: mcp finally showing life, stopped on most,
left a small size on
[08:22 am]
shark : take 10, sky! make it high
quality coffee and enjoy
[08:23 am]
rusty : PPO radar
[08:23 am]
rusty : sudden spike
[08:26 am]
eyes : My agreement was on
12/16/11
[08:27 am] eyes : Well I
see you all Monday I better get ready for the
funeral
[08:27 am] Ed : c ya
eyes
[08:27 am] lisas : bye
eyes
[08:28 am] khall : have a good
weekend eyes
[08:28 am] garyb : have
a good weekend eyes
[08:28 am]
observer : c u eyes
[08:28 am]
mrpolo : Bye eyes.
[08:28 am]
klas : See ya eyes
[08:28 am]
qwert : bye eyes
[08:30 am]
rusty : buy eyes
[08:31 am]
garyb : nice uptrend in PANL today
after the drop
[08:32 am] skydiver :
New on fly on the wall — Iran has trippled
it’s production of iranium past 3
months
[08:33 am] garyb : wow….not
good sky
[08:33 am] rusty : Iranium
I like that
[08:33 am] skydiver :
🙂
[08:33 am] rusty : Is that like
Iraqium
[08:33 am] skydiver :
close
[08:33 am] rusty :
🙂
[08:35 am] mh : CAB
[08:36 am]
shark : AAPL is reported to have
acquired Chomp for ~$50 mln, a San Francisco
based application-search startup
[08:37
am] shark : DELL announced this morning
it has acquired AppAssure, a leader in
application protection for virtual, physical
and cloud infrastructures
[08:37 am] Ed :
someone is smiling today
[08:37 am]
shark : yeah! 🙂
[08:37 am]
shark : nice to start a co….and
$50mln later 🙂
[08:38 am] shark :
Chomp’s software to be integrated into AAPL’s
App Store to help users more easily search
through the 550k+ applications available to
~300mil iOS users
[08:38 am] Ed : blood
sweat tears
[08:38 am] doji :
Watching PRU
[08:38 am] lisas : cmi
doing well, missed it myself
[08:39 am]
doji : 61.75 resistance
[08:39 am]
doji : 61.74
[08:39 am] doji :
man… wrong keyboard
[08:39 am]
lisas : CBI
[08:39 am] shark :
vol low on CRM -retest of recent
high
[08:39 am] joeytsa : just saw
that shark
[08:39 am] shark :
🙂
[08:40 am] garyb : DOW over 13000
now
[08:40 am] joeytsa : glad to see
some of you grabbed that CRM double bottom
🙂
[08:40 am] shark : go
DOW!
[08:40 am] rusty : QCOR
radar
[08:41 am] joeytsa : yeah do
DOWn 🙂
[08:41 am] shark :
VVUS spike down
[08:41 am] joeytsa :
big tail
[08:42 am] doji : I don’t
want to see the news during the weekend…
everyone giving high fives on DOW
13,000
[08:42 am] shark :
yeah…let’s wish for DOW 12999
[08:43 am]
joeytsa : you wont doji..it will be DOW
15,000 that will be in the news
[08:43 am]
garyb : geez
[08:43 am] shark
: DDD back over pivot
[08:44 am]
joeytsa : inbetween
pivot/wvap
[08:44 am] joeytsa :
break above vwap potential 4:1 trade..wouldnt
expect to get that
[08:45 am] shark
: 800% in 3 years – DDD
[08:45 am]
joeytsa : BIDU might make run for prev
hi
[08:45 am] mrpolo : QCOR at
hod
[08:46 am] Ed : whats 4 lunch
lisa
[08:46 am] joeytsa : BIDU,
solid move above prev hi could give
$1
[08:46 am] Ed : thx joey
[08:47 am]
shark : above R1 now -BIDU
[08:47
am] joeytsa : just tossing ideas to
watch
[08:47 am] joeytsa : mrpolo:
good eyes on QCOR
[08:48 am] joeytsa
: thx shark on DDD
[08:49 am]
joeytsa : 26 looks like big res long
chart
[08:49 am] doji : QCOR at 40
should hit resistance
[08:49 am]
joeytsa : solid break above 28 then it
might be off to the races 🙂
[08:49 am]
doji : from begining 2012
[08:49 am]
garyb : watching AGQ for a possible
bounce
[08:49 am] rusty : sold
QCOR
[08:49 am] thomasohana : nice
rusty
[08:50 am] mrpolo : L QCOR at
39
[08:50 am] joeytsa : thx doji,
next res is 42?
[08:50 am] shark :
AGQ back to yesterday close
[08:50 am]
joeytsa : good trade rsuty
[08:50
am] joeytsa : rusty
[08:51 am]
rusty : risotto
[08:51 am]
joeytsa : does nothing for me
🙂
[08:51 am] rusty : Oil bulls push
higher despite demand at 15-year
low
[08:51 am] joeytsa : i’ll stick
with the cannoli 🙂
[08:51 am]
joeytsa : DDD testing vwap
[08:51
am] rusty : and pannetone
[08:52 am]
ronfrac : there goes mcp[
[08:52 am]
rusty : panettone pardon
[08:52 am]
joeytsa : nice ron, MCP same 4:1
potential..not for me though
[08:52 am]
shark : (MSFT): Some 44,000 March 27
puts were bought for $0.04 as investors look
for a pullback in the share price
[08:53
am] joeytsa : wow
[08:53 am]
shark : IVN -More than 21,000 March 20
calls were bought for $0.20 to $0.45 as
investors look for upside in the
stock
[08:53 am] ronfrac : MCP may
be a swing trade. Fundamentals picking up.
Rare earth prices up and MCP just finished
adding capacity
[08:53 am] garyb :
PANL make a nice bounce
[08:53 am]
garyb : * made I mean
[08:54 am]
joeytsa : good info ron thx
[08:54
am] joeytsa : hope so for them, ugly
chart 🙂
[08:54 am] doji : Hey
Shark, where did you get that info from if
you don’t mind?
[08:54 am] shark :
CRM new hob
[08:54 am] joeytsa :
yeah, at vwap
[08:55 am] joeytsa :
see if it holds
[08:55 am] shark :
insider info doji -shhh
[08:55 am]
mrpolo : Out QCOR +.60
[08:56 am]
joeytsa : doji: its none of your
business, just enjoy your tax-free trading
and give us a damn trade 🙂
[08:56
am] shark : lol
[08:56 am]
rusty : lol joey
[08:56 am]
qwert : haha
[08:56 am] rusty
: agree, stfu
[08:56 am] joeytsa :
haha
[08:56 am] shark : all the
unusual option info is 100% verfiable, you
can look it up
[08:56 am] joeytsa :
first they want tax-free, now they want our
inside info
[08:56 am] observer :
nice, mrp
[08:56 am] shark : going
through scan data
[08:56 am] shark :
🙂 lol – joey
[08:57 am] shark : the
brazilian’s want a piece of us too
[08:57
am] joeytsa : and they already have the
women
[08:57 am] joeytsa : at least
WE have Mitch 🙂
[08:57 am] qwert :
lunchtime be back
[08:57 am] shark :
YEAHH MITCH! 🙂
[08:57 am] joeytsa :
later qwert
[08:58 am] joeytsa : did
anyone get that great bounce in
MELI?
[08:58 am] shark : I got an
alert, but didn’t trade it
[08:58 am]
shark : 🙁
[08:58 am] joeytsa
: thats closer than me haha
[08:59 am]
doji : Inside Info? wtf is
that?…..hahahha
[08:59 am] joeytsa
: insiders knew nothing !!
[08:59 am]
doji : I got the info…. just need to
look at the right place
[08:59 am]
doji : Crude oil spiking
[08:59 am]
rusty : KLM customers can use Facebook
data to pick seats
[08:59 am] doji :
Eyes, you have to pray harder
man….
[09:00 am] joeytsa : thx
doji
[09:00 am] rusty :
http://bostonglobe.com/business/2012/02/24/kl
m-customers-can-use-facebook-data-pick-seats/
XfllIKRtjgsElANLpRYUYP/story.html
[09:00
am] doji : Better, don’t pray… that
would help bringing it down
[09:00 am]
shark : sounds interesting
rusty
[09:00 am] shark : can I hook
that up with my Match.com
subscription?
[09:00 am] joeytsa : i
use facebook for enough crap
[09:00 am]
rusty : can sit next to underwear
bomber if you want
[09:01 am] shark
: hahahaha
[09:01 am] shark : you
watching CNBC doji?
[09:02 am] doji
: Great, I’ll book my seat next to that hot
Brazilian baby I met at the
carnival!
[09:02 am] doji : shhhhh
don’t tell my wife
[09:02 am] rusty
: too late
[09:02 am] thomasohana :
SHLD
[09:02 am] shark : now we
know…
[09:02 am] thomasohana :
SHLD
[09:02 am] shark : nice
thomas!
[09:02 am] shark : SHLD
Alert
[09:02 am] shark : SHLD
Alert
[09:03 am] thomasohana : lol
thx shark
[09:03 am] joeytsa :
thx
[09:03 am] doji : Do you know
that on Russian planes they give you Vodka
for breakfast if you ask for?
[09:03 am]
rusty : and lunch
[09:03 am]
rusty : and dinner
[09:03 am]
thomasohana : lol
[09:03 am]
joeytsa : and then throw you in prison
fro 20yrs 🙂
[09:03 am] shark :
watching SHLD for top
[09:04 am]
rusty : NYSE volume 215M shares, about
25% below its three-month average
[09:04
am] shark : vol increasing
[09:05
am] doji : SHLD S 65.47
[09:05 am]
rusty : thx thomas for SHLD
alert
[09:05 am] doji : Thanks
Thomas
[09:06 am] joeytsa : SHLD
trying to hold prev high support
[09:06
am] shark : yup
[09:06 am]
khall : no SHLD to short at
IB
[09:06 am] thomasohana : np, give
me vodka now lol
[09:07 am] rusty :
SHLD very high short interest…often
difficult borrow
[09:07 am] joeytsa
: crude just might hit $109
[09:07 am]
shark : that’s what options are
for
[09:08 am] shark : just a matter
of time, joey
[09:08 am] joeytsa :
its there haha
[09:08 am] doji : It
did already Joey
[09:09 am] shark :
die, Oil, die!
[09:09 am] joeytsa :
you short oil?
[09:10 am] scalpman :
Wow what a day! time to go.
[09:10
am] joeytsa : later scalp
[09:10 am]
skydiver : take care scalpman
[09:10
am] Brent : Have a good one scalp
[09:10
am] mrpolo : Bye scalpman.
[09:10
am] observer : c ya scalp
[09:10 am]
shark : my dictum not working too well
on oil
[09:10 am] shark : SHLD looks
like short covering
[09:10 am]
scalpman : I had trouble missing today
at 16/17! (ha)
[09:10 am] shark :
could last a bit
[09:11 am] shark :
I’m out +$450
[09:11 am] ronfrac :
have a good weekend scalp
[09:11 am]
scalpman : Super Calls by TSZ, and the
trading room. You guys are great.
[09:11
am] shark : bye scalp! 😉
[09:11 am]
scalpman : TSA
[09:12 am]
scalpman : See you all monday
[09:12
am] joeytsa : TSZ is the inverse of us
🙂
[09:12 am] scalpman : Scalpman
has left the building!
[09:12 am]
mrpolo : PPO
[09:13 am]
joeytsa : QCOR still slowly trending
up
[09:13 am] shark : retake of
50day real bullish for mutual fund buyers to
add -QCOR
[09:13 am] rusty : PPO
radar
[09:14 am] joeytsa : good
point
[09:14 am] joeytsa : i dont
have 50ma on these
[09:14 am] shark
: :O
[09:15 am] joeytsa : had to
look at schwab charts 🙂
[09:15 am]
shark : MNST trending back up
[09:15
am] joeytsa : chop/slop time
though..watch stops
[09:15 am] shark
: you watching CNBC doji?
[09:17 am]
shark : you awake doji?
[09:18 am]
mhaus : INT
[09:19 am] doji :
Lost connection…
[09:20 am] doji :
What is in CNBC?
[09:21 am] doji :
Damm RDN… missed the move… having issues
with my connectovity lately…
[09:21 am]
joeytsa : dr j ( naj, not the bb ball
player) still like CRM
[09:21 am]
shark : Najarian on options
-doji
[09:21 am] thomasohana : move
to America
[09:21 am] shark : slam
dunk from possible insider info
[09:21 am]
joeytsa : haha
[09:22 am]
joeytsa : no pun intended
[09:22 am]
shark : Sale on CMG aisle 3 -now
over
[09:22 am] mikewd2 -: not rosy for
CRM
[09:22 am] joeytsa : it was a
matter of time mike
[09:23 am] rusty
: CRM bear CNBC
[09:23 am] mikewd2 -: 90
target
[09:23 am] joeytsa : thats
why listening to these people gets you no
where
[09:23 am] mikewd2 -: 91
[09:23
am] mh : WLL moving
[09:23 am]
shark : got to listen to the right guys
on CNBC
[09:23 am] joeytsa : thx
mh
[09:23 am] joeytsa : or just
follow the chart 🙂
[09:24 am] doji
: Are they jumping on Dow 13,000
already?
[09:24 am] joeytsa : dont
tell me with your words…tell me with your
buying/selling action
[09:24 am]
shark : 🙂
[09:24 am] joeytsa
: same with horseracing….
[09:24 am]
shark : you mean “show” me…
[09:24
am] shark : don’t “tell” me
[09:24
am] joeytsa : if someone really likes a
horse, the money will show up on the
toteboard
[09:25 am] joeytsa : and
usually not how you think….
[09:25 am]
joeytsa : have to be smart to read the
tote…like finding a pocket pivot
[09:25
am] shark : nice….
[09:26 am]
joeytsa : shark: if you took your pp
smarts and applied to to the races, you would
prbably do well…
[09:26 am] shark
: my new weekend job?
[09:26 am]
joeytsa : i played an entire meet
mid-late 1970s that way
[09:27 am]
shark : at least with stocks, I can add
or take $ off the table during the
race
[09:27 am] joeytsa : but both
give you the option to play or not
🙂
[09:28 am] joeytsa : imagine if
in blackjack, you got to choose AFTER you got
to see the dealer up card
[09:28 am]
joeytsa : trading we have the choice to
either take a trade or not…
[09:28 am]
joeytsa : if setup is there, hammer it,
if not pull chips back in
[09:29 am]
thomasohana : TLB
[09:29 am]
joeytsa : the ES cons just under
hod
[09:31 am] doji : HCN closed the
gap
[09:31 am] shark : The world’s
ninth-largest yacht was spotted off the SoCal
coastline. The 440-foot boat costs more than
$300 million and features not one, but two
helipads, seven decks, a spa, library and
even a room that generates snow.
[09:32
am] shark : anyone wanna go skiing this
weekend?
[09:32 am] joeytsa :
crazy…kris is really living it up
🙂
[09:32 am] doji : Won’t get that
boat if I trade like today…
hahaha
[09:32 am] joeytsa : ALXN
slight breakdown
[09:34 am] shark :
http://bit.ly/yKJ2R5
[09:34 am] doji
: FSLR
[09:35 am] joeytsa : crazy
boat
[09:36 am] joeytsa : has a
submarine haha
[09:37 am] shark :
VIX lod
[09:38 am] shark : who needs
property taxes when you can live on a 440′
yacht?
[09:38 am] shark :
bought/built/delivered outside USA – ZERO
sales tax!!
[09:40 am] shark : CRM
new hob
[09:40 am] murano :
IRM
[09:40 am] thomasohana : thx
murano
[09:41 am] doji : still
holding CRM sharky?
[09:41 am]
skydiver : nice murano on IRM –
thnx
[09:41 am] shark :
YES!
[09:42 am] mikewd2 -: VVUS nre
hod
[09:42 am] doji : I need to
learn how to be patient
[09:42 am]
joeytsa : SHLD nice push thru
cons
[09:42 am] shark : ha
[09:43
am] shark : more short covering
SHLD
[09:43 am] joeytsa : CRM is the
cash machine
[09:43 am] shark : no
where to go but up
[09:43 am] shark
: you get back in joey?
[09:43 am]
joeytsa : CRM?? yeah
[09:43 am]
shark : 🙂
[09:43 am] joeytsa
: late though..not looking for much
[09:44
am] shark : great support on the 23.6%
fib retrace
[09:44 am] shark : fell
thru, then retook it
[09:45 am]
joeytsa : looks weak here
though
[09:45 am] doji : How many
indicators you have on your charts
Sharky?
[09:46 am] joeytsa : LULU
coming in to test prev cl
[09:46 am]
joeytsa : almost got stopped on
CRM
[09:46 am] thomasohana : anyone
use trade ideas?
[09:47 am] joeytsa
: isnt trade ideas a lot like etrade
scanner?
[09:47 am] joeytsa :
closing CRM
[09:47 am] thomasohana :
yea, just wanted to know what you folks use
for your reversal filters
[09:48 am]
joeytsa : cant help on that
one..sorry
[09:49 am] joeytsa : ES
big multi-top at 1367
[09:51 am]
joeytsa : shark: maybe AAPL wants
$525?
[09:51 am] rusty : JAZZ back
near hod
[09:52 am] joeytsa : SHLD
still running
[09:53 am] joeytsa :
yeah Ed, ES in very tight 1pt range for an
hour
[09:54 am] Ed : selling being
absorbed little by little keep volatility low
last couple of days
[09:54 am] Ed : cant
last forever
[09:54 am] joeytsa :
spy volume about 1/3 of yest right
now
[09:54 am] Ed : another reason why
first 90 minutes is soo much fun
[09:54
am] joeytsa : amen
[09:55 am]
joeytsa : middle 90 is great for
checking on swings,news,emails, facebook
🙂
[09:55 am] Ed : and cooking
[09:55
am] rusty : amen brother
[09:55 am]
joeytsa : yeah lunchtime your side of
the US
[09:56 am] Ed : west coast is
always breakfast, u guys party all the
time
[09:56 am] joeytsa : i wish
haha
[09:56 am] joeytsa : CRM cons
here
[09:58 am] mikewd2 -: AGQ
lod
[09:59 am] joeytsa : you playing
that mike, or just monitoring?
[09:59 am]
mikewd2 -: in ZSL loong
[09:59 am] mikewd2
-: from 9.05 this morning
[09:59 am]
joeytsa : gotya, i dont get etfs on
Esig
[10:00 am] joeytsa : FLS small
drop
[10:01 am] joeytsa : thx
Ed
[10:01 am] Ed : nice one on BIDU
joey
[10:01 am] joeytsa : SHLD cons,
break above hod has $1.50 potential
[10:02
am] joeytsa : thx..making a bit of a
move
[10:04 am] shark : Silver lower
– Gold higher
[10:06 am] shark :
AAPL shooting for $525 today?
[10:06 am]
joeytsa : thats what i asked you a few
minutes ago 🙂
[10:07 am] shark : 🙂
looks like it!
[10:07 am] doji :
Test
[10:07 am] joeytsa : i see you
doji
[10:07 am] joeytsa : cool
sombrero 🙂
[10:11 am] rusty : might
look to sell some FSLR puts again…if I can
find conclusive earnings date
[10:12 am]
joeytsa : one site has it as 2/23
🙂
[10:12 am] rusty : yes many sites
show that
[10:12 am] joeytsa :
whisper 14cents lower than cons est
[10:12
am] doji : FSLR dropping
[10:13 am]
murano : FCN
[10:13 am] mikewd2 -:
3/9 on FSLR earnings per etrade
[10:13 am]
rusty : FSLR website says no upcoming
events
[10:13 am] rusty :
lol
[10:14 am] joeytsa : i wouldnt
want one either with that chart
haha
[10:14 am] joeytsa : yahoo has
it listed as 3/9 also
[10:14 am] mikewd2
-: yeah a bit scary
[10:14 am] rusty
: everyone liked FSLR at 50
[10:14 am]
joeytsa : not me
[10:14 am]
joeytsa : 50 was a great
short
[10:15 am] joeytsa : most
timeframes are showing downtrend
[10:15
am] mrpolo : If the European govs
continue to cut their help to solar, FSLR
will be in single digitis
[10:16 am]
rusty : how do you arrive at that
valuation mrp?
[10:17 am] mrpolo :
Just a guess and because Chinese manufactures
are always cutting prices for market
share.
[10:17 am] Ed : calculation based
on abacus #s
[10:18 am] joeytsa :
$30 a key level
[10:18 am] shark :
Nostradamus 15th edition -2012
[10:18 am]
Ed : he had many predictions
[10:18 am]
mrpolo : Thru the years as things
companies manufacxture become like DRAM chips
that waht happens. Look at MU years ago and
look at it now.
[10:18 am] lisas :
None which help with my trading
[10:18 am]
joeytsa : nostradamus =
cramer
[10:19 am] mrpolo : It will
take a while, probably a few years.
[10:19
am] shark : I need my mortgage pmt by
the 1st
[10:20 am] shark : joey has
horse pmt by the 15th
[10:20 am]
qwert : bidu pulling back to 135
level
[10:21 am] thomasohana : AWAY
moving
[10:21 am] thomasohana :
nvm
[10:22 am] joeytsa : yeah shark
🙂
[10:22 am] mrpolo : Not that
far-fetched on FSLR. Just this last year went
from 170 to 36.
[10:22 am] joeytsa :
yeah mrpolo, and gave GREAT short near $120
even if you were late
[10:22 am]
rusty : are any of you short from 120
or even 50?
[10:23 am] joeytsa : i
was in daytrades
[10:23 am] rusty :
lol
[10:23 am] qwert : same here but
only in daytrades
[10:23 am] joeytsa
: i dont hold anymore
[10:24 am]
qwert : same here have not been
holding
[10:24 am] joeytsa : no
reason to for me…others like to
[10:24
am] mrpolo : Remember without Gov help
around the world, every manufacture would
lose money on every sale. Can’t make that up
with volume, simply more loss.
[10:24 am]
joeytsa : i dont like my money at risk
24/7
[10:25 am] mrpolo : I agree
Joey. I won’t short =it or buy puts over long
term periods. To much risk.
[10:26 am]
joeytsa : i would buy puts over
shorting if i had to make the choice
though…much less risk
[10:26 am]
mrpolo : Yes. I agree.
[10:26 am]
rusty : if something is going from 35
to single digits..why dont you ss
it??
[10:27 am] rusty : or buy
puts?
[10:27 am] joeytsa : because i
can trade it each day
[10:27 am]
joeytsa : and not have to worry about
some bs surprise
[10:27 am] rusty :
you’re not going to make 25 points shorting
it intraday
[10:27 am] joeytsa :
dont need to
[10:28 am] joeytsa :
and i would probably make more than 25
actually
[10:28 am] mrpolo : Leaps
tend to be very expensive for a year or two
out. Not enough risk/reward for me. Used to
do it in the past in the 1990’s and lost
money.
[10:29 am] joeytsa : if you
short at 35 and it goes to 0…most you make
is 35
[10:29 am] joeytsa : but it
wont go straight there
[10:29 am]
rusty : i havent seen many traders make
35 points in a year
[10:29 am] rusty
: except the bs artists on twitter
[10:30
am] mrpolo : That’s right Joey and you
are at risk the entire time if something goes
wrong.
[10:30 am] Ed : ppan would make it
in an hout
[10:30 am] joeytsa : i
made 8 on CRM today
[10:30 am] rusty
: if 35 points is a bad trade I am in the
wrong room
[10:30 am] Ed :
hout=hour
[10:30 am] joeytsa : not
saying you are wrong…
[10:30 am]
qwert : joey are you still long
crm
[10:30 am] joeytsa :
no
[10:30 am] joeytsa : im flat at
the moment, wont trade till last
hour
[10:31 am] qwert : i just have
small long bidu
[10:31 am] joeytsa :
a total 35 point drop can still give you 50+
points possibly..with bounces etc
[10:31
am] mrpolo : I used to trade options in
the 1990’s and lost a lot of money over
several years.
[10:31 am] joeytsa :
thats thats just to the downside
[10:32
am] joeytsa : mostl likely catch some
real nice bounces too
[10:33 am]
mrpolo : The probably of making money
on options over the long haul is like being
at a craps table in Vegas. You will
eventually lose.
[10:33 am] joeytsa
: thats why when i use them i like 75-80
delta
[10:34 am] mrpolo : I know. I
lost $145,000 in three years.
[10:34 am]
joeytsa : you get most of the upside,
downside slows as stock goes against
you
[10:34 am] mrpolo : I used
multiple systems in options over those years
and lost with them all.
[10:35 am]
rusty : before doing options you neeed
to be pretty good at stock
direction
[10:35 am] joeytsa : no
matter what option strategy you use..the KEY
is having the correct underlying
stock
[10:35 am] joeytsa : amen
rusty
[10:35 am] mrpolo : Even if
you are Rusty, the premium you pay is what
kills you.
[10:36 am] rusty : thats
why I use large premiums to sell
options
[10:36 am] joeytsa : smart
play
[10:36 am] Ed : rusty like to be the
house
[10:36 am] mrpolo : That’s a
much better strategy, Rusty.
[10:36 am]
joeytsa : think i read 95% of options
expire worthless
[10:36 am] rusty :
so while everyone is saying XXXX is going to
infiinty and beyond uranus, I collect the
crazy premium
[10:36 am] Ed : odds in his
favor
[10:36 am] observer : that’s
why it’s generally more favorable to sell the
calls vs. buying puts
[10:36 am]
mrpolo : That’s right Joey.
[10:36
am] joeytsa : most people pick the
wrong options also, even if they have the
correct stock
[10:37 am] joeytsa :
most people rush and buy the cheap
options..think its a lottery ticket
[10:37
am] rusty : and I only use options on
stocks that I am willing to trade the common
if necessary
[10:37 am] joeytsa :
they are afraid of premiums
[10:38 am]
mrpolo : I have sold options, covered
calls thru the years. It does work and makes
you slow money.
[10:38 am] joeytsa :
right rusty..because you picked a stock that
fits your qualifications
[10:38 am] Ed :
they drink the kool-aid of what is
told
[10:38 am] joeytsa : i have
done covered calls, credit spreads
[10:38
am] rusty : premiums are like vix to
me…when premiums are high…its a sign the
crowd is all one way…and I dont want to be
in that theatre when it catches
fire
[10:38 am] lisas : Now you tell
us Ed
[10:38 am] mrpolo : I use
covered calls in my retirement
acct.
[10:38 am] joeytsa : best so
far is if buying an option..to buy deep ITM
one
[10:39 am] observer : also a
good strategy
[10:39 am] joeytsa :
your loss is minimized and you get most of
the upside
[10:39 am] mrpolo : I did
that Joey, but if it goes against you, you
lose big money.
[10:39 am] rusty :
any of you remember Lenny Dykstra and his
easy options plays?
[10:39 am]
joeytsa : yeah
[10:40 am]
mrpolo : Yep.
[10:40 am]
joeytsa : only if you hold them
mrpolo
[10:40 am] rusty : now he
selling his gold toillet to pay for
food
[10:40 am] joeytsa : you still
need a stop loss
[10:41 am] mrpolo :
True Joey. But like at earnigns time a stock
can move 20% at open. Can’t sell the option
and lose big money.
[10:41 am]
joeytsa : so you dont hold thru
earnings
[10:41 am] mrpolo : Stop
loss doesn’t help at open and big
movement.
[10:41 am] observer : you
never even want to hold a stock into
earnings
[10:41 am] joeytsa : sell 1
or 2 days b4 earings
[10:42 am]
observer : yes
[10:42 am]
observer : if not earlier
[10:42 am]
joeytsa : also, another HUGE mistake
options buyers do…
[10:42 am]
qwert : i got killed holding thru
earnings never again
[10:42 am]
joeytsa : they dont give themselves
enough time on the option…
[10:42 am]
joeytsa : always looking for the cheap
way in/out
[10:42 am] mrpolo : Tried
that back then Joey, but made them only a
little bit of moeny becasue of
premium.
[10:43 am] observer : also
tough to be long into expiration with easily
manipulated stocks like gold and silver the
big boys always short
[10:43 am]
joeytsa : were you buying itm, atm ,
otm??
[10:43 am] eddy : why there is
only one moving average line on the spy
chart?
[10:44 am] mrpolo : Mostly
atm.
[10:44 am] joeytsa : how long
b4 earnings did you buy them and what was
your strike month?
[10:44 am]
joeytsa : how many months out i
mean
[10:45 am] mrpolo : Ususually,
would buy two or three weeks bfore earniings
with on to two month out options.
[10:45
am] joeytsa : like rusty said, it still
comes down to the stock
[10:45 am]
joeytsa : not bad mr polo
[10:45 am]
doji : Oil gunning for 110…. Light
you have to pray HARDER!
[10:45 am]
joeytsa : if stock has no clear trend,
i stay away
[10:46 am] mrpolo :
Still lost moeny over the years. Many winning
trades but more losing trades.
[10:46 am]
rusty : too busy look at
boobs?
[10:46 am] rusty : and
bottoms?
[10:46 am] qwert :
what?
[10:46 am] joeytsa : i had a
small run of losers around 2006, things
seemed to change for me
[10:47 am]
joeytsa : before that earnings were a
decent play
[10:47 am] mrpolo :
Biggest winner was $45,000 in one day. Boy
was I excited about that, but it didn’t last
long.
[10:47 am] Ed : rusty u should look
at barbie dolls that way
[10:47 am]
joeytsa : now i am in/out on
daytrades
[10:47 am] rusty : i will,
please send the ones you borrowed from me
back
[10:47 am] Ed : lol
[10:47 am]
joeytsa : i caught most of a $150 run
in 3-4 days once
[10:48 am] mrpolo :
Cool.
[10:48 am] joeytsa : late
90’s
[10:48 am] rusty : ever ss
something and get caught in 100 point run
against you?
[10:49 am] mrpolo :
1990’s for me too. My wife made me stop
trading options after that. She put the
hammer down.
[10:49 am] rusty :
happened both ways during interent
craze
[10:49 am] joeytsa : no but a
$40 over swing once
[10:49 am]
joeytsa : overnight
[10:49 am]
mrpolo : Rusty, was that
AskJeeves.
[10:49 am] joeytsa : only
lost premium thankfully
[10:49 am]
rusty : ASKJ one of many
[10:49 am]
doji : who needs dolls when you have
Brazilian babies?
[10:50 am] rusty :
I shorted SCON at 30 went to 110
[10:50
am] rusty : then back to 1
[10:50
am] joeytsa : wild west days
[10:50
am] mrpolo : Ouch.
[10:50 am]
joeytsa : CMGI was the one i
caught
[10:50 am] mrpolo : Then
good.
[10:50 am] joeytsa : one i
lost was some biotech crap
[10:50 am]
rusty : CMGI used to move 80-100 points
some days
[10:50 am] joeytsa :
haha
[10:51 am] rusty : before it
went to 1 lol
[10:51 am] joeytsa :
im pretty sure that most of my stable stocks
from back then arent even around..except jdsu
and qcom haha
[10:52 am] mrpolo : I
told you guys about my friend the other day
making over $450,000. It was a stock called
Pressteck.
[10:52 am] mrpolo : Lost
150 points in one day.
[10:52 am]
joeytsa : it was seeing all of those
huge runs taht got me interested in
stocks
[10:53 am] joeytsa : got VERY
lucky and found the right mentor..still took
a beating from time to time though
[10:53
am] mrpolo : I wish I had the puts on
it but of course I didn’t.
[10:53 am]
joeytsa : and also..didnt have much
money to put into stocks haha
[10:53 am]
rusty : anyone who played during
internet craze and still around to talk about
it = winner
[10:53 am] rusty : most
dead
[10:54 am] mrpolo : Option went
from $1 to over $100 in one day.
[10:54
am] rusty : i remember QCOM at
800
[10:54 am] joeytsa : today we
had CRM as a big play…
[10:54 am]
joeytsa : back then there were 5-15
CRM’s daily
[10:54 am] mrpolo :
Yes.
[10:54 am] joeytsa : thats how
i started my gap play 🙂
[10:55 am]
joeytsa : still in effect..just slowed
a bit
[10:55 am] rusty : i shorted a
stock up 70 points in afterhours
[10:55
am] joeytsa : human logic never
changes
[10:55 am] mrpolo : That
takes Balls, Rusty.
[10:55 am] rusty
: few days was back to where it
started
[10:55 am] joeytsa : but
back then i had to short right on the
bell
[10:56 am] rusty : someone
played the wrong symbol
[10:56 am]
joeytsa : no charts,
uptick/zero-plus tick rule in
effect
[10:56 am] mrpolo :
Yep.
[10:57 am] rusty : even the
bankrupt stocks would run like
crazy
[10:58 am] joeytsa : yeah
rusty..and none of the tech stocks had any
earnings haha
[10:58 am]
mrpolo : Taking luch break. BB in a
few.
[10:58 am] mrpolo :
luch=lunch
[10:58 am] joeytsa : i
remember my dad would say..” how can you buy
this bs, they dont have any earnings”
haha
[10:58 am] rusty : many of them
didnt even have revenues
[10:58 am]
rusty : rofl
[10:58 am]
joeytsa : enjoy mrp
[10:58 am]
joeytsa : hahahah
[10:58 am]
joeytsa : most didnt even have an
office 🙂
[10:59 am] rusty :
BAMM
[10:59 am] joeytsa : they had
email haha
[10:59 am] rusty :
lol
[10:59 am] joeytsa : hi..im a
company haha
[10:59 am] rusty : i
shorted a one billion dollar company that had
no office
[10:59 am] rusty : was a
beauty parlor at their address
[10:59 am]
joeytsa : and the ceo dressed like i do
when trading haha
[11:00 am]
rusty : and of course everyone was
long
[11:00 am] rusty : while I felt
like lone ranger
[11:00 am] joeytsa
: when the market tanked it looked like
” The Walking Dead “
[11:01 am]
rusty : BVSN come to papa
[11:01 am]
joeytsa : thanks for the memories and
laughs..think i need some lunch
[11:01 am]
rusty : enjoy the ponderosa
buffet
[11:01 am] joeytsa :
🙂
[11:02 am] garyb : back from
lunch…wow. BRENT your PANL pick is
rocking today. Nice!
[11:02 am]
doji : Is Mike here today?
[11:03
am] doji : CRM on the move…. you
closed your postion Joey?
[11:04 am]
observer : Mike’s listed on the
participant wall maybe he’s just
away
[11:04 am] garyb : Maybe he’s
at lunch
[11:05 am] doji : SLB has
been crossed 80 yesterday and
today….
[11:05 am] doji : I has
hit 80 several times….
[11:05 am]
garyb : BVSN might be bouncing
soon? Any thoughts?
[11:07 am]
rusty : probably but BVSN is low volume
suckers bet imo
[11:07 am] mhaus :
GTLS alert
[11:08 am] observer :
next support is all the way dn to
34.07
[11:08 am] observer : well,
it’s at least given a bounce
[11:10 am]
rusty : gary, didnt mean to sound harsh
on my last comment…I know BVSN pretty well
just dont want anyone to get hurt
[11:10
am] garyb : no….glad you mentioned
that….don’t want to get into a loser
trade..thanks rusty!
[11:10 am]
rusty : can trade it both ways just
don’t be left with only chair when music
stops
[11:14 am] garyb : watching
MCP for a bounce
[11:18 am] garyb :
scratch that…it looks weak
[11:21 am]
thomasohana : VVUS trend is uber
scrong
[11:22 am] rusty : VIX
hod
[11:22 am] garyb : wow….TVIX
and UVXY are rocking last hour
[11:23 am]
thomasohana : yea gary nice
[11:23
am] doji : FSLR new lod
[11:24 am]
observer : good eye, Gary
[11:25 am]
observer : are uy scanning for biggest
daily movers?
[11:25 am] garyb :
thanks Art…..but to tell you the truth…I
have an eye on them 24/7! lol for
personal reasons!
[11:25 am]
observer : ok
[11:25 am]
joeytsa : watching $145 level on
CRM
[11:25 am] garyb : Bought TVIX a
little higher then now so I am looking for a
little recovery.
[11:26 am] observer
: hope it comes
[11:26 am] garyb :
Thanks Art!
[11:27 am] observer :
🙂
[11:27 am] garyb : Raelyn do you
have any TVIX?
[11:27 am] joeytsa :
hoping for that recovery garyb
[11:28 am]
garyb : Thanks Joey! You
rock…while I wait I am taking advantage of
some of your fitness tips! 🙂
[11:28
am] thomasohana : no I didnt get in on
that one, i was hoping for a little more
money in the trade
[11:28 am]
joeytsa : plenty more to come
🙂
[11:29 am] joeytsa : GMCR nice
drop when i was away…someone on cmbc
mentioned they were selling shares of
it
[11:30 am] skydiver : SPY
dropping
[11:30 am] rusty : “The spy
is falling?”
[11:30 am] skydiver :
🙂
[11:30 am] garyb : lol
[11:30
am] joeytsa : psst, CRM lost $145
🙂
[11:31 am] skydiver : nice on CRM
S
[11:32 am] joeytsa : thanks
sky
[11:32 am] joeytsa : got out a
bit early on half size position
[11:32 am]
joeytsa : dialing the trades back
now
[11:32 am] garyb : I just heard
from DOW…..he is leaving 13000..says
he enjoyed the trip
[11:32 am]
joeytsa : haha
[11:33 am]
thomasohana : lol
[11:34 am]
khall : Looks as if we will have lots
of selling going into the weekend
[11:34
am] ronfrac : Time to work out. Another
winning day but not big. Thanks to all TSA
and traders. Have a good weekend.
frac
[11:34 am] khall : bye
frac
[11:34 am] joeytsa : beefcake
!!!!
[11:34 am] garyb : see you
ron
[11:34 am] observer : take care
frac
[11:34 am] joeytsa : have fun
ron
[11:34 am] thomasohana : later
frac
[11:34 am] Ed : nice trading ron,
take care
[11:34 am] mrpolo : Bye
ron.
[11:35 am] skydiver : take care
ron
[11:35 am] garyb : I was going
to take on some bounces…..but might be
dangerous now into the weekend
[11:35 am]
observer : check out VXX
[11:36 am]
skydiver : VIXY has gone up
nicely
[11:36 am] thomasohana :
interesting observer
[11:36 am]
observer : yup
[11:36 am]
ronfrac : Try this website. Live Eagle
cam. She has 2 eggs due in about 30 days.
http://www.decoraheaglecamalerts.com kids and
adults will love it.
[11:37 am]
joeytsa : long wait for a “rusty
omelette” 🙂
[11:37 am]
thomasohana : lol
[11:37 am]
mrpolo : PPO on run
[11:37 am]
garyb : it’s because of Greece again I
think….
http://finance.yahoo.com/news/greece-launches
-debt-swap-offer-173519785.html;_ylt=Av28Py3V
Sp5R2S3efdKGa8.iuYdG;_ylu=X3oDMTQzczR1Mm4xBG1
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[11:38 am] joeytsa : shark:
AAPL @ 520
[11:38 am] thomasohana :
there goes your TVIX gary
[11:38 am]
garyb : (sorry for the long
link)
[11:38 am] thomasohana : ok
maybe not yet lol
[11:38 am] garyb :
lol
[11:40 am] joeytsa : DECK lost
support
[11:41 am] joeytsa : not
sure if there is any $ in it though
[11:41
am] skydiver : yes joey — I was just
going to mention DECK, but .
.
[11:42 am] skydiver : First day
trying out Madscan – will have to get used to
it and setup my settings better 🙂
[11:43
am] joeytsa : free version or the
paid?
[11:43 am] skydiver : free at
the moment
[11:43 am] joeytsa : oh
ok..i think even with the free you can find
one called…
[11:43 am] garyb :
watching PANL for a possible bounce
[11:43
am] joeytsa : “price spike up/down 0.25
1min”
[11:44 am] skydiver : ok –
will look for it – thnx joey
[11:44 am]
joeytsa : try sample scan,
momentum
[11:44 am] skydiver :
k
[11:44 am] joeytsa : that one scan
will give you plenty to look at
[11:44 am]
skydiver : okay — will play with it –
thnx again 🙂
[11:45 am] joeytsa : i
have 9 running and thats my go to
scan
[11:45 am] skydiver : yes – I’m
not on much right now — getting used to
Lightspeed, esignal, madscan, sunshine, etc.
🙂
[11:45 am] joeytsa : i just cant
remember how limited the free version
is
[11:46 am] joeytsa : good to
hear…the lightspeed ticker alert is
cool and risers/fallers
[11:46 am]
skydiver : ok — will try lightspeed
ticker alert as well, etc.
[11:47 am]
joeytsa : just gives new
highs/lows..you can set it to filter out
price/vol
[11:47 am] joeytsa : that
way you dont get some crappy 3k penny
stock
[11:48 am] skydiver : hey – I
heard copper went up today on the news — so
penny’s might be worth something – only ones
made out of copper of course
[11:48 am]
thomasohana : lol
[11:48 am]
joeytsa : 🙂
[11:48 am]
joeytsa : copper will be a great play
when the global economy starts
rolling
[11:49 am] dmitry : is GG
any good here for a long?
[11:50 am]
mrpolo : I bought pallidum a few years
ago at $180 and sold some last year at
$800.
[11:50 am] thomasohana : not
for me dmitry
[11:50 am] joeytsa :
maybe on a push thru 48.40 dmitry…buts
thats an ugly chart
[11:50 am] rusty
: nice trade mrp
[11:50 am] mrpolo :
Held for 2 1/2 years.
[11:50 am]
thomasohana : nice polo
[11:50 am]
rusty : send 1/2 to
[email protected]
[11:51 am]
joeytsa : nice polo
[11:51 am]
dmitry : ok thx, joey, ohana
[11:51
am] joeytsa : 2.5 years wow
, im trying hard to hold stuff for 2.5
minutes haha
[11:52 am] mrpolo :
True, Joey. But I am older and need long term
invesments too.
[11:52 am] joeytsa :
wouldnt older mean you need something short
term 🙂
[11:52 am] skydiver : quite
the long tail on VXX
[11:52 am]
rusty : i am older than
Methusaleh
[11:53 am] skydiver : and
I’m rusty’s grandfather 🙂
[11:53 am]
rusty : hi pappy
[11:53 am]
thomasohana : VVUS again
[11:53 am]
joeytsa : dmitry if you took GG long, i
would set a stop maybe 48.29..just to keep
things under control
[11:53 am]
skydiver : hi grandson 🙂
[11:53 am]
rusty : how’s your colostomy
pappy?
[11:53 am] skydiver :
lol!
[11:53 am] rusty : oops wrong
window
[11:53 am] mrpolo :
Haha
[11:54 am] dmitry : thanks
joey!
[11:54 am] mrpolo : I’m older
than dirt.
[11:54 am] joeytsa : no
prob, if it runs there might be 20-40 cents
in it
[11:54 am] dmitry :
nice
[11:55 am] rusty : mrp, you
look at boobs all day and I cook for
them
[11:55 am] joeytsa : with a
10cent stop ( using 48.40 entry) thats
2-4:1…will be slow on the up
though
[11:55 am] joeytsa : not
recommending you go long though
[11:55 am]
joeytsa : BIDU back to prev
high
[11:56 am] mrpolo : Some nice
ones, some not so nice ones. Depends on the
age.
[11:56 am] mrpolo : 80 Year old
ones, not so nice.
[11:57 am]
joeytsa : did you take that
dmitry?
[11:57 am] rusty : I thought
higher is always nice in TSA
[11:57 am]
joeytsa : if so move stop to
be
[11:57 am] rusty :
nicer
[11:57 am] mrpolo : Just like
a fine wine, better with age.
[11:58 am]
thomasohana : or spoiled milk
[11:58
am] dmitry : yes joey 38.36 was my
fill
[11:59 am] joeytsa : nice fill
!!!! you can probably move stop into
profit now
[11:59 am] dmitry : stop
@breakeven
[11:59 am] thomasohana :
nice dimitry
[12:00 pm] garyb :
wow… VVUS almost at 22..good thing I
sold it at 10! 🙁
[12:00 pm]
shark : VIX hod-quite the turn
around
[12:00 pm] shark : hug!
gary
[12:00 pm] shark : hug =
ugh!
[12:00 pm] joeytsa : trail up
dmitry !!!!
[12:00 pm] thomasohana :
lol
[12:00 pm] joeytsa : you got
that
[12:00 pm] thomasohana : hugs
too shark
[12:00 pm] shark :
lol
[12:01 pm] doji : wow
GG
[12:01 pm] dmitry : i am on it
joey
[12:01 pm] mrpolo : VVUS nice
stair step climb all day long.
[12:01 pm]
joeytsa : i know..just cheering you
on 🙂
[12:01 pm] garyb :
thanks shark! I feel better
now!
[12:01 pm] doji : Nice
Dimitry…. did you buy another 2M shares or
what?
[12:01 pm] dmitry : i
wish
[12:01 pm] joeytsa : just watch
the 48.80 level
[12:01 pm] dmitry :
it was probably brent or ed
[12:02 pm]
shark : CRM bounce on 23.6% Fib
retrace
[12:02 pm] joeytsa : that
the 4:1 level
[12:03 pm] thomasohana
: You guys have to see “Act of Valor”, epic
action
[12:03 pm] rusty : SPY volume
quite low again
[12:03 pm]
thomasohana : think I saw rusty cooking
a stem cell burger in it lol
[12:03 pm]
mrpolo : That good thomas.
[12:04
pm] joeytsa : rusty: looks like half of
yesterday vol
[12:06 pm] rusty :
very low
[12:06 pm] rusty :
http://www.youtube.com/watch?v=9dXye0lPMbg
Rusty’s Kitchen
[12:06 pm] mrpolo :
GMCR at lod
[12:06 pm] joeytsa :
haha
[12:07 pm] thomasohana : you’re
on a sub rusty?
[12:07 pm] rusty :
previously, today just making subs
[12:07
pm] thomasohana : lol cool my husband
was on the USS Chicago
[12:08 pm]
thomasohana : theres your TVIX
gary
[12:08 pm] garyb : but it’s
dropping now 🙁
[12:09 pm]
joeytsa : dmitry: update when your GG
trade is over
[12:10 pm] dmitry :
moved my stop @48.73
[12:10 pm]
joeytsa : nice profit either
way
[12:11 pm] dmitry : thanks
joey
[12:12 pm] joeytsa : yeah, if
this level holds, you can shoot for 10cent
increments upside
[12:13 pm] dmitry
: ok
[12:14 pm] joeytsa : your trade
is the only thing im following haha
[12:15
pm] joeytsa : CRM to test vwapt
hough
[12:15 pm] mrpolo : IRM small
pop
[12:18 pm] doji : Gary, VIX and
TVIX have different trend…. weird
[12:18
pm] doji : TVIX is supposed to be 3x
VIX
[12:18 pm] garyb : 2 x
doji
[12:18 pm] doji : yes you are
right…
[12:18 pm] joeytsa : i
believe it was TVIX that credit suisse played
games with
[12:18 pm] doji : 2times
more
[12:19 pm] doji : I like the
VIX chart pattern better
[12:20 pm]
joeytsa : yeah they suspended issuing
further shares
[12:20 pm] shark :
AIG back to yesterday close
[12:20 pm]
garyb : Apparantly TVIX follows the VXX
…look at the chart, it’s very similare to
TVIX
[12:20 pm] joeytsa : that was
on tueday
[12:20 pm] garyb :
Joey…that is saving my TVIX price….this
is putting a premium on the share
price
[12:20 pm] joeytsa :
yeah
[12:21 pm] garyb : saved it
from going back down to 13
[12:21 pm]
doji : but the cart patter between the
VIX and the VXX are quite different
[12:21
pm] joeytsa : call mike to buy 5M
🙂
[12:21 pm] joeytsa : then
dump
[12:21 pm] garyb : LOL
JOEY!
[12:22 pm] shark : they are
both beautiful abstract works of art, if you
ask me, doji
[12:22 pm] garyb : On
August 3th 2011 TVIX was at 22.25 …then on
August 8th…5 days later it went to
44.26……..this action is incredible. Mind
you we had the debt crisis…but now we are
starting to see a big problem in OIL and
Iran.
[12:22 pm] garyb : (I’m a
happy possitive guy ..really I am!
lol)
[12:22 pm] rusty :
lol
[12:23 pm] joeytsa : thats from
garys cnbc blog
[12:23 pm] garyb :
lol
[12:24 pm] shark : MNST hitting
resistance at R1
[12:24 pm] joeytsa
: gary, you were a qb in high school
huh…
[12:25 pm] joeytsa : “the
heck with it..Im going long” 🙂
[12:25 pm]
garyb : more like a Hail Mary play!
lol
[12:25 pm] joeytsa :
hah
[12:25 pm] joeytsa : throw the
pass then look at the playbook
[12:27 pm]
joeytsa : watching CRM on this vwap
test
[12:27 pm] shark : me
too
[12:28 pm] shark : there she
goes…
[12:28 pm] joeytsa : im in
coast mode, cant get hurt..wont make much
either
[12:28 pm] shark : I pick up
these .15 contracts an turn them into $1.00
here
[12:29 pm] joeytsa : i assume
you are out dmitry
[12:29 pm] dmitry
: GG closed @48.73
[12:29 pm]
thomasohana : nice dmitry!
[12:29
pm] shark : AAPL retested 520
joey
[12:29 pm] thomasohana : wish I
went in
[12:29 pm] thomasohana :
haha
[12:29 pm] joeytsa : i give you
credit, you showed patience and turned it
into the correct trade…great job
[12:30
pm] dmitry : thank you!
[12:30 pm]
Ed : nice trade dmitry
[12:30 pm]
joeytsa : and you had the patience to
hold it about 20 min after my exit point..had
i played it
[12:30 pm] joeytsa : did
you enter/exit limit or market?
[12:30 pm]
shark : ok, spilled juice in adding
machine – note to self -buy new
one.
[12:30 pm] dmitry : both
limit
[12:30 pm] shark : 1+1 now
equals 3,405,632
[12:31 pm]
thomasohana : haha
[12:31 pm]
joeytsa : yeah, more professional than
me
[12:31 pm] joeytsa : my entry
would have been market around 48.43..you got
limit at 48.36
[12:32 pm] joeytsa :
my exit would have been limit at 48.80…but
you played it correctly by seeing the trade
thru and letting the market take you
out
[12:33 pm] mrpolo : Just missed
my favorite little pattern on VVUS. Mini head
and soudler top.
[12:33 pm] rusty :
NYSE consolidated volume at the 2nd or
3rd lowest of the year today.
[12:33 pm]
dmitry : joey i went in on a 3min high
of bar at 11:45
[12:33 pm] mrpolo :
soulder=shoulder
[12:33 pm] rusty :
CNBC Why is Gilbert Gotffried picking
stocks?????????
[12:33 pm] khall :
bwah ha ha
[12:33 pm] thomasohana :
lol
[12:33 pm] shark : where all
washed up actors go
[12:33 pm] rusty
: he doesnt event take a breath
[12:34 pm]
joeytsa : nice dmitry
[12:34 pm]
go4it : Royl move dwn
[12:35 pm]
joeytsa : mandy is thinking ” wow, and
viewers thought my voice was
annoying”
[12:36 pm] rusty : Mandy
has an adam apple
[12:36 pm] rusty :
just saying
[12:37 pm] joeytsa :
yeah but still hot
[12:37 pm] rusty
: attaboy joey
[12:38 pm] joeytsa :
to steal a line from eddie murphy..
[12:38
pm] rusty : remind me to tell you story
about friend of mine who met hot chick in NYC
bar
[12:38 pm] joeytsa : “can it get
any darker in here”
[12:38 pm] rusty
: lol
[12:38 pm] mrpolo : Hot chick
with a ____. Rusty.
[12:38 pm]
joeytsa : think he was in bed with
eartha kitss or someone like that
haha
[12:38 pm] rusty :
lol
[12:39 pm] joeytsa : CRM failed
on that vwap break/bounce test
[12:40 pm]
shark : yeah…
[12:41 pm]
mrpolo : Of all the mames I’ve seen
throughout my career, I have one favorite.
Her last name was Sheets. Guess her first
name?
[12:41 pm] mrpolo :
mames=names
[12:41 pm] joeytsa :
VVUS really made out with that “checkbook
science”
[12:41 pm] joeytsa :
Soiled?
[12:41 pm] garyb :
lol
[12:41 pm] mrpolo :
No.
[12:42 pm] joeytsa :
Itooka?
[12:42 pm] garyb :
Velvet
[12:42 pm] mrpolo : Guess
again. Be creative.
[12:42 pm] shark
: hmmm…
[12:42 pm] mrpolo :
Beneatha.
[12:42 pm] rusty : Carlton
?
[12:42 pm] joeytsa :
nice
[12:42 pm] joeytsa : and the
fresh prince
[12:43 pm] mrpolo :
Benethea Sheets.
[12:43 pm] qwert :
hey everybody have a wonderful weekend
see ya all next week
[12:43 pm]
rusty : u2 qwertyuip
[12:43 pm] Ed :
c ya qwert
[12:43 pm] joeytsa :
almost as bad as nascar driver dick
trickle
[12:43 pm] shark : nooo
way!
[12:43 pm] garyb : have a good
one qwert
[12:43 pm] joeytsa : later
qwert
[12:43 pm] mrpolo : Yes
shark.
[12:44 pm] shark :
:O whoaaa
[12:44 pm]
mrpolo : Bye qwert.
[12:45 pm]
richard : bye and ty, have a great
weekend everyone
[12:45 pm] rusty :
cya richard
[12:46 pm] Ed : c ya
richard
[12:46 pm] lisas : bye
Richard
[12:47 pm] joeytsa : bye
richard
[12:49 pm] rusty : WSJ: US
Regulators Launch Wide-Ranging Probe Into
Close Ties Between Stock Exchanges, Certain
Electronic Trading Firms
[12:49 pm]
joeytsa : hmmm
[12:50 pm]
shark : uh oh…better put a rush on
gasing up the yacht
[12:52 pm] khall
: going to work out – have a great weekend
all
[12:53 pm] rusty : gn
khall
[12:53 pm] joeytsa : me 2
khall
[12:53 pm] joeytsa : enjoy the
weekend
[12:53 pm] rusty : gn to all
the good traders
[12:53 pm] Ed : c ya
khall
[12:53 pm] khall :
🙂
[12:53 pm] lisas : bye
khall
[12:53 pm] joeytsa : rough
workout coming up 🙂
[12:53 pm]
rusty : joey’s trainer =
benethea?
[12:54 pm] lisas : bye
all, thanks Mitch, Brent Kris. Have a great
weekend!
[12:54 pm] joeytsa :
haha
[12:54 pm] Ed : c ya lisa
[12:54
pm] garyb : bye lisas
[12:54 pm]
joeytsa : bye lisa lisa
[12:54 pm]
rusty : cya lisa
[12:54 pm]
rusty : good weekend to all the good
traders
[12:54 pm] Ed : c ya
rusty
[12:54 pm] mrpolo : Bye
everyone. See you next week. I didn’t go live
this week since I was sick the first two days
and missed the morning on Wed. Wish me luck
next week.
[12:55 pm] joeytsa : see
you monday mr polo…no luck needed
!!!
[12:55 pm] Ed : c ya mrpolo, just
focus on trade not the money
[12:55 pm]
mrpolo : Benethea Sheets out.
[12:55
pm] joeytsa : I hope everyone has a
great weekend
[12:55 pm] mrpolo :
Thx Ed. I am a little nervous about
it.
[12:56 pm] joeytsa : let the
trades come to you
[12:56 pm] mrpolo
: I will Joey. Thx.
[12:56 pm]
joeytsa : Thanks Mitch, Brent, Ed..all
traders 😉
[12:56 pm] Ed : c ya
joey
[12:56 pm] garyb : See you
Joey!
[12:57 pm] joeytsa : Ed: i
will buy you a share if you do my workout for
me today 😉
[12:57 pm] Ed :
lol
[12:57 pm] go4it : bye
joey
[12:57 pm] joeytsa : actually
lloking forward to it…new one for
me
[12:58 pm] Ed : high impact with
backflips
[12:58 pm] joeytsa : just
about..lower body PAP
[12:58 pm]
joeytsa : resistance+plyo
stacked
[12:59 pm] Ed : u shouldrest well
tonight
[12:59 pm] joeytsa : yeah,
just in time for PAP upper tomorrow
haha
[12:59 pm] joeytsa : be good
everyone
[01:00 pm] garyb : Have a
GREAT weekend everyone! It was a great
week!
[01:00 pm] observer :
goodnight and thx to everyone have a
great weekend
[01:01 pm] go4it : gn
all
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