[06:11 am] Mitch K: Fortune cookie on
Saturday said “Be persistent in pursuing the
goals in your life.”
[06:16 am] Ed : good morning all
[06:17 am] Brent : Good morning
[06:25 am] Mitch K: monitoring ESRX for
possible short, not sure yet
[06:25 am] Mitch K: watching DNDN for bottom
this morning early
[06:30 am] Mitch K: watching MHS for
short
[06:32 am] Mitch K: watching LRN for
bottom
[06:32 am] Mitch K: watching PKT for
bottom
[06:32 am] Mitch K: watchign RATE for top to
short
[06:34 am] Mitch K: watching IMAX for
bottom
[06:34 am] Mitch K: watching CXS for top to
short, patient, scaling is off
[06:34 am] Mitch K: watching ASPS for
bottom
[06:35 am] Mitch K: watching CREE for
bottom
[06:35 am] Brent : watching TSL for a
bounce
[06:35 am] Mitch K: watchihng ARBA for top to
short
[06:36 am] Mitch K: watching IBN for bottom
to buy
[06:36 am] Mitch K: watching TMO for
bottom
[06:37 am] Mitch K: consider reducing LRN
long
[06:37 am] Mitch K: watching CJES for bottom
to buy
[06:38 am] Mitch K: consider selling PKT
[06:38 am] Mitch K: watching CTB for top to
short
[06:39 am] Mitch K: consider selling most of
FCN
[06:39 am] Brent : watching CJES for a
bounce
[06:39 am] Mitch K: consider selling half of
VRX
[06:42 am] Mitch K: starting to watch
JAZZ
[06:42 am] Brent : watching MDR for a
bounce
[06:42 am] Mitch K: watching SYNT for bottom
to buy
[06:44 am] Mitch K: ARBA toppy
[06:44 am] Mitch K: consider covering CTB
short
[06:45 am] Mitch K: TMO bouncing
[06:45 am] Mitch K: watching SHLD for top to
short
[06:46 am] Mitch K: watching MAKO for
top
[06:47 am] Mitch K: watching UANB for bottom
to buy
[06:47 am] Brent : Tighten stop on TSL if
long, this is a very weak bounce
[06:47 am] Mitch K: watching WHR for top to
short
[06:47 am] Mitch K: VVUS toppy, watching for
short
[06:48 am] Mitch K: consider selling
IMAX
[06:52 am] Mitch K: watching ATPG for top,
patient
[06:53 am] Mitch K: MAKO toppy
[06:53 am] Mitch K: looking for 56 area on
TMO
[06:54 am] Mitch K: watching RIG for top to
short
[06:54 am] Mitch K: VRX peaking, consider
selling rest of long
[06:57 am] Mitch K: when you get a good
bounce like VRX, you look for the short on
top of that bounce
[07:00 am] Brent : SPY new hod
[07:00 am] Mitch K: consider covering half of
SHLD
[07:03 am] Mitch K: watching IP for top to
short
[07:04 am] Mitch K: missed HOT bottom,
watching for short on top of this bounce
[07:04 am] Mitch K: watching CTB for 2nd
helplin gshort
[07:04 am] Mitch K: still watching RIG
[07:05 am] Mitch K: see if CTB makes new high
before shorting, looks strong
[07:05 am] Mitch K: worth small long
[07:05 am] Mitch K: KDN bouncing
[07:06 am] Mitch K: TMO over 56, watching
closer to reduce long position, still
steadily moving up
[07:12 am] Mitch K: CTB toppy
[07:12 am] Mitch K: cconsider covering SHLD
short
[07:14 am] Mitch K: HOT toppy
[07:17 am] Ed : monitoring WHR mor closely
for short
[07:18 am] Mitch K: TMO toppy, consider
selling
[07:26 am] Ed : come back to it later
[07:26 am] Ed : WHR may take a while
[07:44 am] Brent : SPY nice gap fill
[07:48 am] Brent : KMI spike
[08:15 am] Mitch K: watching TECD
[08:43 am] Brent : LO moving
[08:49 am] Ed : watching NLSN for short, like
higher push
[08:57 am] Mitch K: consider covwering half
of TECD short
[09:04 am] Brent : SPY testing hod, testing
Friday’s high too
[09:06 am] Ed : still scrong
[09:06 am] Ed : VVUS new hod
[09:11 am] Brent : WBMD could be interesting
under 24.70 with some volume
[09:31 am] Mitch K: watching WLK for top to
short
[09:35 am] Brent : Tightening stop on WBMD
short to b/e. Not going to lose money on it.
Looking for $24.45 area first target
[10:17 am] Ed : watching WDC for more
selling
[10:40 am] Ed : consider reducing WDC if u
took long
[10:49 am] Ed : moving my stop up on last
portion of WDC above breakeven
[10:54 am] Ed : stopped last portion of WDC
long
[10:55 am] Mitch K: drop
[10:55 am] Mitch K: monitoring MHS dro
[11:09 am] Ed : NTES and CAVM
moving
[12:02 pm] Brent : SPY at hod
[12:19 pm] Mitch K: good job on CAVM short
guys
[12:50 pm] Brent : 10 min till close
[12:50 pm] Brent : MGM spike down
[01:00 pm] Ed : have a gret evening
[01:00 pm] Brent : Have a great night, see
you all tomorrow.
[01:02 pm] Mitch K: good job ladies
USER Chat
[06:26 am] eddy : Mitch are you posting the
DNDN chart here/?
[06:27 am] mikewd2 -: DNDN looking weak
[06:27 am] sfarrill : MHS
[06:27 am] lightning : oil dropping
hard
[06:28 am] joeytsa : thx light, totally
missed that
[06:28 am] joeytsa : ES in tight 3pt range
past few hours
[06:28 am] joeytsa : 1355-1358 areas
[06:29 am] joeytsa : CNQR might make a
little noise
[06:31 am] joeytsa : quick pop on SINA
[06:31 am] joeytsa : ESRX running
[06:32 am] joeytsa : DNDN trying to bottom,
has to blast thru some res though
[06:32 am] doji : Good morning, just
connecting to the room
[06:32 am] observer : gm doji
[06:33 am] ronfrac : mcp watch for
bottom
[06:33 am] mikewd2 -: Dendreon says targeting
gross margin of 50% at $500M of revenue
[06:34 am] joeytsa : GMCR moving down
[06:35 am] joeytsa : BIDU,SINA quick
up/down
[06:35 am] skydiver : S RATE 25.73 – out 1/2
25.51 moving stop down
[06:35 am] garyb : LRN bouncning I’m in
long
[06:35 am] joeytsa : SODA, nice hold on prev
high…might get tested again
[06:36 am] skydiver : out another 1/4 25.45
RATE S
[06:36 am] observer : good, sky
[06:36 am] joeytsa : oue DNDN short
[06:36 am] joeytsa : out
[06:36 am] skydiver : thnx observer
[06:36 am] mikewd2 -: MCP L 25.75 what a nice
bounce
[06:36 am] rusty : SODA radar
[06:37 am] observer : 🙂
[06:37 am] joeytsa : nice sky
[06:37 am] skydiver : 🙂
[06:37 am] joeytsa : DECK trending up
[06:38 am] joeytsa : CRM nice move 🙂
[06:38 am] skydiver : moving stop down on
RATE S last 1/4
[06:39 am] mrpolo : DNDN falling hard
[06:39 am] skydiver : all out of RATE S
[06:39 am] doji : VVUS flying
[06:39 am] observer : L TVIX
[06:39 am] joeytsa : out all SODA for
now
[06:40 am] lightning : L some TSL
[06:40 am] observer : out 1/3 TVIX
[06:41 am] doji : WOs, SPY dropping
hard
[06:41 am] joeytsa : AMZN pop
[06:41 am] joeytsa : yeah doji
[06:42 am] rusty : covered SODA + 3/4
[06:42 am] joeytsa : AAPL lod, PCLN trying
to regain footing
[06:43 am] lightning : out 1/2 TSL L
[06:43 am] joeytsa : GMCR still moving down
..will look for a another weak bounce
[06:43 am] mikewd2 -: VIX up almost 11%
[06:44 am] rusty : GMMCR radar
[06:44 am] joeytsa : CRM in between zones,
but cons above vwap,15ma
[06:44 am] rusty : GMCR
[06:44 am] joeytsa : MAKO spike
[06:45 am] eddy : dndn free fall
[06:45 am] doji : MDR turning up
[06:45 am] eddy : can we have the cgart
up?
[06:45 am] lightning : out rest TSL L
[06:45 am] eddy : chart
[06:45 am] joeytsa : yeah eddy its beautiful
🙂
[06:46 am] eddy : we go long dndn?
[06:47 am] eddy : i cant see the chart in
real time
[06:47 am] lightning : L MDR
[06:47 am] doji : DNDN bouncing
[06:47 am] observer : adding TVIX
[06:48 am] joeytsa : ES multi bottom at 1353
area
[06:49 am] lightning : DNDN
bottoming>
[06:49 am] lightning : ?
[06:49 am] joeytsa : get hammer ready for
DNDN, just in case
[06:49 am] doji : DNDN rebound weak
[06:49 am] rusty : sold GMCR + .8
[06:49 am] garyb : MDR pulling back a
little
[06:49 am] doji : SHLD turning
[06:50 am] joeytsa : MAKO a nice pullback
test
[06:50 am] joeytsa : nice rusty..you get the
short also?
[06:50 am] rusty : SODA bounce
[06:50 am] rusty : no
[06:51 am] joeytsa : MAKO coming into res,
break higher, will give a nice run
[06:51 am] garyb : still in MDR….stalled a
bit but indicators point up
[06:52 am] joeytsa : MDR looks weak right
now, keep tight stop
[06:52 am] doji : You man 40 as resistance
in MAKO Joey?
[06:52 am] rusty : JAZZ lod
[06:52 am] doji : I have R2=39.2
[06:53 am] garyb : MDR lookis like its
breaking out out out
[06:53 am] lightning : out 1/2 MDR L
[06:53 am] joeytsa : yeah doji, after
R2
[06:53 am] rusty : XCO lod
[06:53 am] doji : Thanks
[06:53 am] joeytsa : then maybe a run to
42?
[06:53 am] joeytsa : looks tired at the
moment though
[06:54 am] garyb : MDR on the 2 & 5
minute look great…I think patience with
this one…stop at B/E
[06:55 am] doji : Gary, MDR needs the push
from the SPY… be carefull
[06:56 am] garyb : ok doji…I raise my
stop…..no lose situation….THanks for the
H/U
[06:57 am] rusty : SHLD radar
[06:57 am] khall : WHR still just moving on
up
[06:57 am] skydiver : SHLD – 🙂
[06:57 am] joeytsa : TSCO nice quick move,
lower vol
[06:57 am] observer : stopped out TVIX
[06:58 am] rusty : OREX worth watching
[06:58 am] rusty : seems its getting a
little squeeze
[06:58 am] joeytsa : HUM nice uptrend so
far
[06:58 am] mikewd2 -: DNDN next leg down
[06:58 am] joeytsa : yeah rusty
[06:59 am] joeytsa : SODA lower high
[06:59 am] skydiver : pending home sales
info in 30 seconds
[06:59 am] mikewd2 -: CJES bouncing
[07:00 am] joeytsa : report out in 1
min
[07:00 am] sfarrill : MHS
[07:00 am] joeytsa : pend home sales up
[07:00 am] joeytsa : should give a quick
pop
[07:00 am] skydiver : thnx Mitch – covering
SHLD 70.31
[07:00 am] mikewd2 -: out MCP +0.35
[07:00 am] scalpman : no shorts on ATPG at
TS
[07:00 am] doji : pending home slaes hitting
2y high
[07:01 am] garyb : MDR moving up
now..slowly
[07:02 am] mrpolo : I have to go to the
dentist. Will bb later. Good luck
everyone.
[07:02 am] khall : have fun at the
dentist!
[07:02 am] joeytsa : enjoy that one 🙂
[07:02 am] mrpolo : Tnx Khall. I love
it!
[07:02 am] khall : LOL
[07:03 am] observer : thx mrp
[07:03 am] observer : GLD new hod
[07:03 am] doji : I had no trades this
morning… just too bussy
[07:04 am] doji : busy
[07:04 am] joeytsa : quick pop on BWLD..not
sure anything is there yet
[07:04 am] mikewd2 -: not on your diet
joey!
[07:04 am] joeytsa : thx Mitch
[07:05 am] joeytsa : yeah mike 🙂
[07:05 am] khall : SODA dropping
[07:05 am] joeytsa : HOT gitting prev
cl
[07:05 am] doji : KDN needs to break 38
(previos close)
[07:06 am] joeytsa : yeah khall, SODA has
been interesting today 🙂
[07:06 am] doji : BVSN broke 40
[07:07 am] doji : MNST new 52-week high
[07:07 am] rusty : restarting BVSN swing
s
[07:07 am] joeytsa : GMCR testing here
[07:08 am] mikewd2 -: rusty what broker do
you use to short BVSN?
[07:09 am] observer : SLV hod
[07:09 am] eyes : L DNDN 12.28
[07:09 am] observer : GLD new hod
[07:11 am] observer : SLW new hod
[07:11 am] skydiver : CRM is quite the ride
up
[07:12 am] skydiver : bouncing candles on
CRM 🙂
[07:13 am] qwert : watching clne
[07:13 am] eyes : out half DNDN .41
[07:13 am] eyes : 12.41
[07:13 am] joeytsa : BRK.B moving
[07:13 am] skydiver : out 1/2 CRM L
[07:14 am] joeytsa : RIG has been a
beauty
[07:14 am] skydiver : nice joey on RIG
L
[07:14 am] doji : RIG topping
[07:14 am] joeytsa : thx, pulled back on teh
open right to prev hi and held 🙂
[07:15 am] rusty : OREX hod
[07:15 am] garyb : Stopped out
MDR….weak
[07:15 am] mikewd2 -: Transocean says
potential claims in Brazil “without
merit”
[07:15 am] joeytsa : you are better off
gary
[07:16 am] joeytsa : watching GMCR to see if
prev cl holds
[07:16 am] garyb : Yea I agree Joey….made
some on it but not the powerhouse I was
hoping for
[07:16 am] skydiver : all out of CRM L
[07:16 am] joeytsa : nice one sky..i missed
that one
[07:17 am] skydiver : VRTX – take over
chatter
[07:17 am] joeytsa : AMZN with repeat lower
highs..just watching for now
[07:17 am] doji : RIG won’t get rid of
Brazil’s law easily… that is for sure
[07:19 am] joeytsa : INVN moving down
[07:19 am] doji : SPY resumming uptread…
it is very strong today…
[07:19 am] mikewd2 -: DNDN coming back
nicely
[07:20 am] joeytsa : yeah doji, went from
looking weak to strong
[07:20 am] skydiver : nice mike on DNDN
[07:21 am] joeytsa : MNST well off the
bottom
[07:21 am] joeytsa : just broke above prev
hi
[07:22 am] joeytsa : SINA seems a little
weak off this spy pop
[07:22 am] doji : RIG above 200 MA on
daily
[07:23 am] eyes : out DNDN 12.63
[07:23 am] pow : watch whr for short
[07:23 am] mikewd2 -: nice eyes
[07:23 am] joeytsa : thx doji, RIG thowing
money today
[07:24 am] rusty : adding to VIX long trade
(sold gap earlier)
[07:27 am] joeytsa : AMZN in a dogfight at
prev lo
[07:27 am] garyb : I was watching it too
Ed….looks like it’ still strong
[07:28 am] joeytsa : yeah gary, hasnt lost
15ma yet..nice long so far
[07:29 am] garyb : yes
[07:29 am] doji : Nice short on RIG…
[07:29 am] joeytsa : out DNDN short
[07:30 am] doji : My first trade of the
day…
[07:30 am] joeytsa : nice doji, i wasnt sure
on that one
[07:30 am] joeytsa : SINA finally broke
out
[07:30 am] joeytsa : without me
[07:31 am] joeytsa : WHR with neg div
[07:32 am] joeytsa : out gmcr small
loss
[07:33 am] skydiver : VRX still
climbing
[07:34 am] joeytsa : will watch for next
GMCR setup
[07:35 am] scalpman : Sill have of piece of
CTB S
[07:35 am] scalpman : Got caught on WHR but
weathered the storm for small profit. Still
watching.
[07:35 am] garyb : WHR
[07:36 am] joeytsa : tighten stop on AMZN if
short
[07:36 am] joeytsa : AMZN in an asc
triangle?
[07:36 am] scalpman : Support at 17.40
WHR
[07:36 am] scalpman : 74.40
[07:37 am] scalpman : final stop @ 17.21 CTB
D
[07:37 am] scalpman : S
[07:37 am] joeytsa : VRX trying to hold
support
[07:39 am] joeytsa : not taking WHR again
until it can get thru 75
[07:40 am] scalpman : New high on WHR
[07:40 am] joeytsa : NFLX lost support
[07:40 am] mikewd2 -: there it goes joey
[07:41 am] scalpman : All out CTB S
[07:41 am] joeytsa : nice pop in the
market
[07:42 am] scalpman : Mitch, I am live
trading today…
[07:42 am] scalpman : half position
only
[07:43 am] skydiver : Great scalpman – I
always have hated dead trading 🙂
[07:43 am] ronfrac : esrx bottoming
[07:44 am] joeytsa : nice scalp
[07:44 am] joeytsa : WHR $ $ $
[07:44 am] Ed : way to be flexible joey
[07:44 am] skydiver : good job joey!! on
WHR
[07:44 am] mhaus : CCC spike
[07:44 am] joeytsa : 🙂 actually only
looking for longs on WHR
[07:45 am] scalpman : ha….as opposed to
“simulated”…
[07:45 am] garyb : Yeh it’s strong
joey…good one
[07:45 am] joeytsa : just trying to make it
easier on me
[07:46 am] joeytsa : that was a 5:1 r/r min
right there
[07:46 am] joeytsa : AMZN coming up into
prev lo/mulit top res
[07:47 am] joeytsa : good trading
everyone..see you in 20
[07:48 am] skydiver : take care joey
[07:54 am] lightning : don’t forget to clock
out joey
[07:55 am] rusty : buy HGT again
[07:55 am] rusty : into weakness
[07:57 am] skydiver : thnx Rusty on HGT
[07:59 am] mikewd2 -: joey leaves and the
market just slows down –
[08:00 am] garyb : Mike, get my e-mail?
[08:00 am] mikewd2 -: on FB or email?
[08:01 am] garyb : yes FB
[08:01 am] mikewd2 -: yes i did
[08:01 am] doji : Back again
[08:02 am] garyb : doji!!!!!!!
[08:02 am] doji : Crazy market… appeared
weak at the open and now just moving
up….
[08:02 am] rusty : also low volume
[08:03 am] rusty : everyone complacent but
market like this actually very dangerous
[08:03 am] rusty : unless just
daytrading
[08:03 am] joeytsa : i agree rusty
[08:03 am] garyb : It’s the housing news
doji…seemed to put some fuel into the
market
[08:04 am] doji : I see that… hope all the
numbers are not being “masked” because of the
upcoming elections
[08:05 am] joeytsa : hmmm
[08:05 am] doji : I’ll add to my TVIX and
TZA positions in very small
increments….
[08:05 am] joeytsa : Blackstone investing
$2B in LNG plant
[08:05 am] joeytsa : Lowe’s with higher
profits upbeat outlook
[08:06 am] garyb : of course the numbers are
masked doji…everything is manipulated by
the market makers
[08:06 am] rusty : obama is a market
maker?
[08:07 am] joeytsa : market makers dont need
to manipulate to make money…even if they do
🙂
[08:07 am] garyb : Yes..have’nt you heard
rusty
[08:07 am] lightning : market mauler
[08:07 am] mikewd2 -: i wonder what he
did
[08:07 am] joeytsa : obama ruined the
housing market…starting with the white
house 🙂
[08:07 am] rusty : SWN radar
[08:09 am] skydiver : Well, my time us up —
see you all tomorrow morning 🙂 only two
trades today, but both in green 🙂
[08:09 am] garyb : good one sky! see you
tomorrow
[08:10 am] Ed : c ya sky
[08:10 am] observer : c you sky
[08:10 am] lisas : bye sky, great job!
[08:10 am] ronfrac : bye sky
[08:11 am] mikewd2 -: nice job sky
[08:11 am] garyb : Rusty good eye on the
SWN…just missed it though..next time type
faster! 😉
[08:12 am] joeytsa : later sky
[08:16 am] eyes : Scalp how long were you
paper trading
[08:17 am] joeytsa : AAPL running
[08:18 am] joeytsa : AMZN finally pushed
above prev lo res, see if test holds
[08:20 am] doji : SPY in a straight upward
trend….
[08:21 am] joeytsa : BIDU testing res 2nd
time
[08:21 am] shailan : VFC new high Joey u
were right
[08:23 am] eyes : MHS L 67.47
[08:23 am] joeytsa : shailan, wish i had set
alert in lower area though
[08:24 am] shailan : I did
[08:26 am] joeytsa : nice, i looked at it
wrong actually
[08:27 am] joeytsa : just hjit $150 though
🙂
[08:27 am] eyes : out Half 67.63 stop second
half set BE
[08:27 am] joeytsa : nice eyes
[08:28 am] scalpman : TECD S @ 58.93….got
in too early, but it dropped.
[08:28 am] mikewd2 -: be careful TECD over 10
year
[08:29 am] mikewd2 -: if not all time
high
[08:29 am] joeytsa : IBM with nice up
trend
[08:29 am] joeytsa : i love those mike
[08:30 am] mikewd2 -: for longs?
[08:30 am] mikewd2 -: quick short?
[08:30 am] joeytsa : both actually
[08:31 am] joeytsa : you get a stock at
all-time high…no overhead supply, ticker
lights up every hedge fund radar
[08:31 am] scalpman : Out 1/2 TECD
[08:31 am] joeytsa : very limited risk
because you can set stop failrly tight
[08:32 am] joeytsa : and if it cracks..you
can get a decent move also
[08:32 am] scalpman : Stop TECD S @
58.91
[08:32 am] joeytsa : for long, either scale
in slow or wait for a pullback/test
[08:34 am] scalpman : TEDC 50 ema @ 58.41 on
the 1 min
[08:36 am] joeytsa : TECD looks nice on a
pullback…technically its a beautiful
chart…
[08:36 am] garyb : yes…looks great
[08:36 am] joeytsa : fairly smooth uptrend,
new high, hasnt lost the 50ma since
dec?…
[08:36 am] joeytsa : 20ma above 50ma above
200ma
[08:36 am] scalpman : trailing down
TECD
[08:37 am] scalpman : OUt another 1/4 TECD
S
[08:37 am] joeytsa : but “technically”
doesnt always work 🙂
[08:38 am] khall : is it just me or did WHR
double top?
[08:38 am] scalpman : Trailin down TECD
[08:38 am] joeytsa : tighten stop on BIDU if
short
[08:38 am] joeytsa : looks like it
khall
[08:38 am] scalpman : all out TECD
[08:38 am] scalpman : Good one Mitch nice
call…
[08:39 am] joeytsa : FOSL testing prev
cl
[08:42 am] qwert : thx for tecd mitch
[08:43 am] joeytsa : PCLN has earnings
coming…should make big moves
[08:44 am] joeytsa : thx Brent
[08:44 am] Ed : Bretnt beat me to it
[08:44 am] joeytsa : you get the “silver”
Ed
[08:44 am] rusty : Piper drops their price
tartget on SINA by $44 to $95 out
earlier
[08:44 am] Ed : cool
[08:44 am] mikewd2 -: LO many year high
[08:45 am] khall : thanks Rusty
[08:45 am] joeytsa : thx rusty , mike
[08:45 am] joeytsa : LO was nice on breakout
above $120
[08:46 am] joeytsa : its been on neg div
though..just something to watch
[08:47 am] joeytsa : cnbc doing their best
espn??
[08:48 am] Ed : very smart kid griffin
[08:48 am] joeytsa : yeah cmon Redskins
!!!!
[08:48 am] joeytsa : gonna need those legs
with taht oline hah
[08:48 am] Ed : graduated from high school
& college early
[08:49 am] joeytsa : great athelete, seems
like a good kid
[08:49 am] mikewd2 -: yeah, already have
endorsement deals
[08:49 am] joeytsa : just not sure how rg3=
me making money in stocks 🙂
[08:50 am] Ed : fast on his feet and accurate
passer
[08:50 am] mikewd2 -: early season had more
td passes than incompletes.
[08:50 am] mikewd2 -: but A&M beat them –
haha
[08:50 am] joeytsa : i’d take him or
Luck
[08:51 am] mikewd2 -: luck is the man for
sure
[08:51 am] mikewd2 -: he performed very well
at combines
[08:51 am] Ed : either one would be
great
[08:51 am] Ed : some fast 1b’s this year
[08:51 am] Ed : qb’s
[08:51 am] joeytsa : i’ll say, nice 40
[08:51 am] joeytsa : yeah but only 3 worth a
shot
[08:52 am] mikewd2 -: tannahill from A&M
suppose to be 3rd qb picked, but was hurt not
at combines work out
[08:52 am] Ed : only thing with Wilson is he
is short
[08:52 am] joeytsa : yeah, he will need 3
yrs
[08:52 am] mikewd2 -: oh yeah
[08:52 am] joeytsa : CFL for wilson
haha
[08:52 am] joeytsa : i like weeden, age is
only factor
[08:52 am] mikewd2 -: i’ll sit on the bench
for 1mil a year
[08:53 am] joeytsa : you make more trading
each day mike
[08:53 am] mikewd2 -: i think weeden is 4th
best they said
[08:53 am] Ed : isnt he like 58
[08:53 am] joeytsa : haha yeah 28
[08:53 am] khall : HA HA not quite Ed
[08:53 am] mikewd2 -: have to not athletic
anymore
[08:53 am] joeytsa : i would only take him
if we got the wr @ #6
[08:53 am] khall : this is his second pro
career
[08:53 am] mikewd2 -: yeah, i don’t like the
fact they can come it at that age to
college
[08:54 am] mikewd2 -: you do any pro you
should be a pro
[08:54 am] khall : It is kind of odd
[08:54 am] khall : but he was sure fun to
watch
[08:54 am] Brent : Weeden reminds me of Billy
Madison
[08:54 am] khall : LOL – with freckles
[08:55 am] Ed : good point
[08:55 am] joeytsa : skins will either sell
the farm for rg3, or go Blackmon @6, weeden
in the 2nd
[08:55 am] mikewd2 -: please pick rg3, trade
to cowboys for romo! haha
[08:56 am] mikewd2 -: proven loser i mean
winner
[08:56 am] joeytsa : hah
[08:56 am] joeytsa : will trade you romo for
sexy rexy
[08:56 am] joeytsa : interceptus rexus
[08:56 am] Brent : Glutious Reximus
[08:57 am] rusty : Gluteus free diet
[08:57 am] mikewd2 -: TECD at support?
[08:57 am] joeytsa : haha
[08:57 am] Ed : nice call Mitch
[08:57 am] mikewd2 -: loved Gordon Gekko
[08:58 am] mikewd2 -: on cnbc now
[08:58 am] rusty : US Charges Bank Of
America With Mortgage Discrimination
[08:59 am] shark : haha
[08:59 am] rusty : first US says too many
mortgages were given out
[08:59 am] rusty : now they say
discrimination
[08:59 am] rusty : rofl
[08:59 am] thomasohana : lol
[08:59 am] shark : yeahh…lol
[08:59 am] joeytsa : Shailan: HOLI just
triggered, just watching
[09:00 am] shailan : Ok Joey ty
[09:00 am] rusty : dead people, cats and
dogs got mortgages…gonnna be hard to prove
discrimination
[09:01 am] joeytsa : agreed
[09:01 am] joeytsa : i think dead people got
to vote also
[09:01 am] rusty : they got lobbyists/
[09:01 am] rusty : ?
[09:01 am] joeytsa : 🙂
[09:01 am] mikewd2 -: VVUS on fast money
soon, may get another jump
[09:01 am] eyes : S TECD 58.94 out 1/2 58.70
1/4 58.11 1/4 58.06
[09:01 am] rusty : AARP
[09:02 am] rusty : not a stock symbol
[09:03 am] rusty :
http://www.bloomberg.com/news/2012-02-27/mudd
y-waters-losing-support-in-market-as-latest-c
alls-prove-inconclusive.html
[09:03 am] mikewd2 -: ah oh, no more easy
money on muddy waters
[09:04 am] joeytsa : who cares about if the
stock rebouncs after the fact
[09:05 am] joeytsa : i will wait for one of
their calls to not move a stock a penny b4 i
jump off that bus
[09:05 am] ronfrac : nice eyes.
[09:06 am] joeytsa : great trading eyes
!!!
[09:06 am] joeytsa : was that the ninja
atm?
[09:06 am] qwert : way to go eyes
[09:08 am] joeytsa : VVUS still holiding
15ma
[09:08 am] eyes : I just went adjusting
[09:08 am] eyes : the atm
[09:09 am] joeytsa : if SHLD loses prev cl,
might get some money..things are slow though,
but its been cons for awhile
[09:09 am] joeytsa : nice job eyes
[09:12 am] joeytsa : CF hod
[09:14 am] joeytsa : BIDU still making lower
highs, not big moves though
[09:15 am] joeytsa : if CF breaks above $187
with stength, might get $1?
[09:16 am] joeytsa : maybe later in the
day?
[09:16 am] pow : watching DdDN for
bottom
[09:16 am] scalpman : Time to go…good day
today 3/3 in the GREEN…thanks to all for
excellent calls.
[09:16 am] shark : nice scalp 🙂
[09:16 am] Brent : good job scalp, see you
tomorrow
[09:17 am] khall : great trading scalp
[09:17 am] lisas : bye scalp!
[09:17 am] scalpman : See you tomorrow
thanks Shark, brent, khall, lisas
[09:17 am] joeytsa : later scalp
[09:17 am] qwert : cya scalp
[09:17 am] scalpman : …and joey
[09:17 am] scalpman : qwert
[09:17 am] scalpman : Scalpman has left the
building!
[09:18 am] shark : VVUS testing hod
[09:18 am] joeytsa : uh oh..a shark sighting
in the waters
[09:19 am] shark : LNKD testing lod
[09:21 am] joeytsa : shark: PCLN makng
moves, earnings today i think
[09:21 am] shark : 😉
[09:21 am] shark : yes
[09:22 am] shark : LNKD pattern looks like
it’s trying to put in a bottom here
[09:22 am] doji : VVUS aproaching 25. Wil it
break it?
[09:22 am] mh : sorry brent but were you
thinkin WBMD short?
[09:22 am] shark : diet pills, doji? HELL,
yes!
[09:23 am] Brent : yes mh
[09:23 am] mh : thanks
[09:23 am] joeytsa : until the first neg
side fx kick in
[09:23 am] joeytsa : BIDU riding prev
cl
[09:23 am] Brent : would want to see some
volume on the WBMD break though
[09:23 am] shark : but that’s fundamental
answer to your technical question, doji
🙂
[09:23 am] mh : yep
[09:24 am] doji : WBMD at 52-week low
[09:26 am] shark : VVUS story coming up on
CNBC, doji
[09:29 am] mikewd2 -: here’s the CEO of VVUS
on CNBC
[09:30 am] doji : Nive WBMD short
[09:30 am] doji : nice
[09:30 am] mhaus : WLK
[09:31 am] mikewd2 -: VVUS targeting 4/17 for
FDA approval
[09:31 am] shark : 500,000+ shares traded on
VVUS during commercial break
[09:32 am] joeytsa : what a bunch of
garbage
[09:32 am] shark : ?
[09:32 am] doji : VVUS dropping… it must
be the 500,000 shares your shorted
Sharky
[09:32 am] shark : 😉
[09:32 am] joeytsa : why people take these
bs “magic pills” when they can do all that
with no side fx
[09:33 am] rusty : peops like it easy
[09:33 am] rusty : diet without work
[09:33 am] joeytsa : yep
[09:33 am] shark : cheating!
[09:33 am] rusty : that’s why US greatest
country in world
[09:33 am] joeytsa : except it doesnt
work
[09:33 am] qwert : evrybody wants the
shortcut
[09:33 am] joeytsa : longterm
[09:34 am] rusty : “Exercise in a pill”
[09:34 am] joeytsa : giving a fat person a
pill while they scarf down mcd’s will just
get them sicker
[09:34 am] joeytsa : losing weight is
easy
[09:34 am] shark : 🙂
[09:34 am] shark : AND FUN!!!!
[09:35 am] joeytsa : most people just dont
want to change their lifestyle
[09:35 am] mh : thanks brent
[09:36 am] joeytsa : nice call Brent
[09:36 am] rusty : SWN lod
[09:37 am] eyes : Hey no one ever answerd me
about Kris is He done with the room
[09:37 am] rusty : kris is my new
dishwasher
[09:37 am] joeytsa : as far as i know
yes
[09:37 am] khall : 🙁
[09:38 am] joeytsa : CF still moving up
[09:38 am] eyes : why what happened
[09:40 am] rusty : German Parliament
Approves Second Greek Bailout
[09:41 am] Brent : Nothing happened eyes. He
just wanted to take a break
[09:41 am] Brent : I think
[09:41 am] garyb : WLK short
[09:41 am] joeytsa : despite Merkel
admitting there is no guarantee the plan will
work
[09:42 am] garyb : WLK still strong
[09:43 am] joeytsa : yeah it is
[09:43 am] joeytsa : doesnt mean it wont
turn
[09:44 am] garyb : watching it close to get
back in
[09:44 am] joeytsa : to short?
[09:44 am] garyb : yes
[09:44 am] garyb : got stopped the first
time
[09:45 am] joeytsa : fighting a pretty
strong trend at the moment
[09:45 am] Brent : I need to go check on the
siding crew wailing on my house. tightening
stop to 24.62 on WBMD, brb
[09:45 am] shark : ok
[09:45 am] Ed : cool
[09:45 am] lisas : lol Brent
[09:45 am] shark : LNKD broke thru to new
lod
[09:45 am] thomasohana : SWKS
[09:46 am] shark : nice thomas
[09:50 am] doji : So markets now moving with
the German deal
[09:50 am] garyb : WLK breaking down
possibly
[09:51 am] joeytsa : LNKN nice hold on that
lod area
[09:53 am] eyes : Im done goodbye
everyone
[09:53 am] joeytsa : have a good one
eyes
[09:53 am] Ed : take care eyes
[09:53 am] qwert : goodnight eyes
[09:53 am] lisas : bye eyes
[09:53 am] shark : bye eyes 🙂
[09:53 am] observer : c u eyes
[09:54 am] joeytsa : see if ES tests 1370
res again
[09:58 am] joeytsa : WLK really nice
[10:01 am] go4it : Brent: is WBMD over or is
another short possible?
[10:02 am] Brent : I stopped on WBMD go4it, I
think Ed flushed my stop. I’m not interested
in it anymore
[10:02 am] joeytsa : closing WLK here
[10:02 am] Ed : lol that 1 share
[10:03 am] joeytsa : haha
[10:03 am] go4it : lol
[10:03 am] thomasohana : FRO
[10:04 am] shark : nice thomas! 😉
[10:04 am] joeytsa : SODA hitting res
[10:04 am] observer : great eye, thomas
[10:05 am] thomasohana : thx guys =)
[10:08 am] joeytsa : watch WLK to see if 62
holds
[10:14 am] murano : BCPC
[10:15 am] joeytsa : thx murano
[10:17 am] rusty : BVSN dip
[10:19 am] murano : WDC
[10:19 am] mikewd2 -: Western Digital moves
lower on speculation of EC challenges to the
Hitachi dealShares of Western Digital
[10:20 am] joeytsa : thx Ed, mike
[10:20 am] murano : Thanks Mike
[10:24 am] pow : watch stx
[10:29 am] joeytsa : i think this market
needs a little more cowbell 🙂
[10:29 am] lightning : lol
[10:30 am] joeytsa : talk about
doldrums
[10:32 am] joeytsa : DECK dropped $1 past 15
minutes
[10:34 am] joeytsa : to late for me to
short, maybe on a move below 76.30, give is
$1+ potential
[10:43 am] garyb : wdc breaking down
[10:49 am] rusty : AZO all time high
[10:50 am] mikewd2 -: Dendreon unlikely to
post profit until 2015 at earliest, says
Brean Murray
[10:50 am] sfarrill : CQP
[10:56 am] mhaus : at break even
[10:56 am] mhaus : sorry wrong screen
[11:04 am] garyb : WDC possible bounce
[11:07 am] observer : CAVM
[11:10 am] ronfrac : cavm news on newNITROX
adapter
[11:18 am] mrpolo : I am finally back.
Missed 2/3 of the day.
[11:18 am] doji : I missed almost the whole
day mrpolo….
[11:18 am] rusty : Greek Five-Year CDS Hit
An All-Time High
[11:19 am] garyb : CAVM looks toppy
[11:19 am] mrpolo : At least we couldn’t
lose any money, doji.
[11:20 am] doji : I just made two
trades….not a big thing but at least a drop
in the buck
[11:20 am] mrpolo : A little alwsays helps,
doji.
[11:20 am] doji : yeap…
[11:21 am] doji : CAV at R3
[11:23 am] joeytsa : nice doji
[11:24 am] joeytsa : watching CF @ prev hi
support
[11:26 am] joeytsa : nice call on CAVM
[11:28 am] observer : thx, joey
[11:28 am] garyb : you in CAVM Joey
short?
[11:29 am] joeytsa : no
[11:30 am] joeytsa : are you gary?
[11:31 am] garyb : Not anymore…..saw it
starting to drop so I was in with a tight
stop…still seems strong
[11:31 am] joeytsa : i would need a really
good reason to try to short that
[11:31 am] joeytsa : busted thru 7 res
levels so far
[11:31 am] garyb : yea I see
[11:31 am] joeytsa : took out fridays
trading range
[11:31 am] joeytsa : i dont play “frogger”
usually
[11:32 am] joeytsa : if support breaks, then
its fair game though
[11:32 am] garyb : yea
[11:33 am] joeytsa : might have some res @
40
[11:33 am] joeytsa : hastn been this high
since july
[11:35 am] mrpolo : I would be looking to go
long CAVM on a pull back
[11:35 am] mrpolo : CAVM strong
[11:35 am] rusty :
http://www.nypost.com/p/news/local/watch_mich
ael_douglas_makes_insider_pDdnjoA2fYyd8LpFe5L
1xM
[11:36 am] thomasohana : CTRP
[11:36 am] joeytsa : yeah, might be a touch
extended..but until it cracks its not a short
yet
[11:36 am] mrpolo : That’s right joey
[11:36 am] joeytsa : might get some decent
money when it does though
[11:37 am] mrpolo : That’s why I would wait
for a pull back first.
[11:37 am] mrpolo : Less risk
[11:37 am] joeytsa : yeah, i liked the
pullback a few minutes back
[11:37 am] joeytsa : held the 15ma
[11:38 am] joeytsa : trends dont change
because you think..its because they do
[11:38 am] joeytsa : this last run on neg
div
[11:39 am] mrpolo : Yep.
[11:40 am] joeytsa : to me, trying to short
something like that ‘just because’, is like
the guys who come here to vegas…
[11:40 am] ronfrac : Closing down. Bad
mistake. Try again tomorrow
[11:40 am] joeytsa : try to make a buck
bucking the trend while doubling up
[11:40 am] mrpolo : That what I learned over
the past 1.5 years. To limit my risk more
than I did before.
[11:41 am] joeytsa : most important thing
mrpolo
[11:41 am] mrpolo : Yes.
[11:41 am] joeytsa : you should see all the
knuckleheads here in vegas doubling up when
they see 4 reds on roulette, or 5 dont passes
on crap
[11:42 am] rusty : you calling Brent a
knucklehead?
[11:42 am] joeytsa : only if thats how he
plays 🙂
[11:42 am] mrpolo : Risk is the same with
each roll of the dice.
[11:42 am] Brent : I only wait for 3
reds
[11:42 am] joeytsa : you can get away with
that style for a little bit
[11:42 am] rusty : not if the dice are
crooked
[11:43 am] joeytsa : if there were no such
things as “table limits” and unlimited
bankroll…then that strategy would
work…but even after 5 losses you are
betting a bunch just to make 1 chip
[11:43 am] rusty : Martingale strategy
[11:43 am] rusty : works if you have
unlimited funds
[11:43 am] joeytsa : yeah..all crap
[11:43 am] rusty : lol
[11:43 am] joeytsa : exactly
[11:44 am] mrpolo : I had a cousin who went
to Vegas with a blackjack system that said
double down with each loss. He came back
broke.
[11:44 am] rusty : good strategy for those
with money printing machine
[11:44 am] joeytsa : been gambling all my
life
[11:44 am] rusty : hmm like Geithner
[11:44 am] joeytsa : table limits get most
people before bankroll loss
[11:45 am] rusty : sure and/or Visa card
limit
[11:45 am] joeytsa : gambling and stocks
money management are parallel
[11:46 am] joeytsa : Mitch says put the odds
on your side
[11:46 am] mrpolo : After all this talk,
CAVM is looking a little toppy, but I still
would not short it.
[11:46 am] joeytsa : rusty: i have studied
every money management plan for vegas
games..and only 1 has a fighting chance..but
only if you make smart selections
[11:47 am] mrpolo : Watch, I will be
wrong.
[11:47 am] garyb : true mrpolo…..I started
salavating at a couple of red candles
[11:47 am] joeytsa : BIDU in tight
range
[11:47 am] mrpolo : May prove us wrong
gary.
[11:48 am] garyb : I have been tricked into
it already twice…..3 times might be the
charm…but maybe not, it’s pretty
strong
[11:49 am] mrpolo : If it breaks 38.10, will
probably fall further.
[11:50 am] joeytsa : yeah mrpolo, im looking
below 38 if anything
[11:50 am] joeytsa : unless this push higher
fails
[11:50 am] mrpolo : May fail, joey?
[11:51 am] joeytsa : DECK triggered and
stopped me at be..oh well
[11:51 am] joeytsa : it broke thru 15ma,
retest of that i mean
[11:52 am] mrpolo : Volume on CAVM starting
to dry up
[11:52 am] joeytsa : still thinking it want
higher
[11:52 am] garyb : looks like it may
bounce
[11:53 am] shark : see how it rides the
50min ma
[11:53 am] shark : looks a lot like LNKD
today
[11:53 am] joeytsa : theres my man comin to
save the day with the 50ma
[11:53 am] shark : lol
[11:54 am] joeytsa : im flying blind at
these altitudes 🙂
[11:54 am] shark : haha
[11:55 am] shark : S1 76.30 DECK -just
above
[11:55 am] shark : buy vol better than LNKD
on its bounce
[11:55 am] mrpolo : Breaking down?
[11:55 am] joeytsa : really glad i had PRGO
on my pre-market list…
[11:55 am] joeytsa : wheres that slap
hand
[11:56 am] shark : ha ;0
[11:56 am] shark : I’m waiting for slap hand
2
[11:56 am] joeytsa : missed 3 points on that
one..not that i would have grabbed 3
[11:58 am] shark : AAPL sweet off the bottom
today +$10
[11:58 am] shark : lookin’ great on those
cheap weeklys
[11:58 am] shark : no need to risk $500ish
on one co.
[11:59 am] joeytsa : makes sense
[12:00 pm] shark : AAPL 545 weekly call was
$.50 now 1.61 guys! 😉
[12:01 pm] khall : that’s a great
return!
[12:01 pm] joeytsa : nice going
[12:02 pm] shark : AAPL’s been giving that
every week now since earnings
[12:03 pm] joeytsa : REGN near hod
[12:03 pm] doji : BAC broke 8
[12:03 pm] doji : FSLR at 36
[12:04 pm] mrpolo : fslr
[12:04 pm] mrpolo : Wrong screen.
[12:04 pm] joeytsa : oops mrpolo…
[12:05 pm] joeytsa : somewhere theres a boob
with a ticker symbol on it 🙂
[12:05 pm] doji : Markets rallying now
[12:05 pm] mrpolo : Looks like we were wrong
with CAVM. The decreasing volume I believe
told the story.
[12:06 pm] joeytsa : i left it alone even
with the loss of $38 level
[12:06 pm] garyb : yeh…that was a loser
for me too…a little more the $38 buck
though
[12:06 pm] mrpolo : Yep.
[12:07 pm] joeytsa : im still waiting for
another buy setup
[12:07 pm] garyb : looks like that’s
soon
[12:07 pm] doji : Fed releases bank plans to
fix mortgage servicing
[12:07 pm] mrpolo : May still come joey
[12:07 pm] joeytsa : same with PRGO
[12:07 pm] joeytsa : but things seem a bit
slow to me
[12:07 pm] doji : R# acting as support for
CAVM
[12:08 pm] doji : R3
[12:08 pm] mrpolo : Yes.
[12:08 pm] joeytsa : thx doji
[12:08 pm] doji : SPY hit 52-week high
[12:10 pm] doji : 3 years high
[12:10 pm] doji : CAVM ready?
[12:11 pm] mrpolo : Not sure.
[12:11 pm] shark : CMG -LULU hod
[12:11 pm] joeytsa : needs to push above 38
now..
[12:11 pm] joeytsa : at most i would use a
40cent target
[12:12 pm] joeytsa : give yourself 3or4:1
r/r
[12:12 pm] lightning : CAVM looks like a
weak boun e
[12:12 pm] lightning : bounce
[12:13 pm] joeytsa : yeah, a bit huh
[12:13 pm] mrpolo : My guess is CAVM breks
down further, bounce was very weak.
[12:14 pm] joeytsa : yeah 38 is big res
now
[12:14 pm] rusty : Dow going to 20k this
year – Altucher
[12:14 pm] shark : gesundheit
[12:14 pm] lightning : I am short
Altucher
[12:14 pm] garyb : lol rusty
[12:14 pm] joeytsa : watching PRGO on break
above 98
[12:14 pm] doji : Altucher is an idiot
[12:15 pm] joeytsa : did he give reasons for
20k?
[12:15 pm] garyb : I hear 8000 from
others
[12:15 pm] rusty : http://t.co/mTEDBOtv
[12:15 pm] joeytsa : so far i have heard a
range from 3500 to 30K
[12:16 pm] garyb : lol joey
[12:16 pm] joeytsa : seriously
[12:16 pm] rusty : Altucher said same thing
last year I believe
[12:16 pm] khall : all just guesses
[12:16 pm] joeytsa : makes a nice trading
range as i see it
[12:17 pm] khall : 🙂
[12:18 pm] mrpolo : CAVM dying
[12:19 pm] mrpolo : Joey, Doji. Woulda,
coulda, shoulda.
[12:19 pm] shark : afternoon pull back
[12:20 pm] joeytsa : well it lost that 38
level i was looking for, just decided not to
take it
[12:20 pm] joeytsa : watcing NFLX
[12:21 pm] mrpolo : I used 38.10 and I
didn’t do it either.
[12:21 pm] joeytsa : i didnt like 38.10 just
because of the round number @ 38
[12:21 pm] rusty : Altucher comments from
last year
http://www.marketwatch.com/story/next-stop-do
w-20000-2011-06-02?dist=beforebell
[12:21 pm] joeytsa : i still think it makes
another run
[12:22 pm] rusty : said same thing last
year
[12:22 pm] mrpolo : I was using it because
of the first top from the long run.
[12:22 pm] joeytsa : one year he will get it
right…
[12:22 pm] joeytsa : harry dent was the guy
who called for dow 3500
[12:22 pm] joeytsa : made a good
argument..but predictions dont make me
$$
[12:23 pm] lightning : those predictions
made him money…that’s what it’s about
[12:23 pm] rusty : Highest target gets the
most press
[12:23 pm] lightning : AAPL dropping
hard
[12:23 pm] joeytsa : now if CAVM loses it
here there might be a nice fall..setting
alerts both ways
[12:24 pm] joeytsa : markets just got a bit
weak
[12:25 pm] rusty : Altucher topped the
market?
[12:26 pm] joeytsa : haha
[12:26 pm] lightning : SODA
[12:26 pm] shark : PCLN after hours
reminder
[12:26 pm] joeytsa : yep
[12:27 pm] shark : straddles suggesting $42
to breakeven -PCLN
[12:27 pm] joeytsa : big #
[12:28 pm] shark : yeahhh
[12:28 pm] joeytsa : PCLN might make a big
move though
[12:28 pm] shark : historically, I guess it
does
[12:28 pm] joeytsa : not far off altime
high??
[12:29 pm] shark : a $42 move would put it
back to the recent 9month break out
[12:29 pm] shark : AT all time high
[12:29 pm] joeytsa : had a nice run into
earnings though
[12:30 pm] shark : ha….yeah
[12:30 pm] joeytsa : you should be able to
play it tomorrow a couple times
[12:30 pm] observer : CAVM showing a little
life
[12:31 pm] mrpolo : Bounces have been weak
last cuple of trys, obs
[12:31 pm] joeytsa : AMZN hit an intraday
triple top
[12:31 pm] shark : wonder if you an read a
CEO’s poker face on day of earnings
[12:31 pm] shark : maybe i should go hang
out at some CEO hangouts on earnings day
[12:31 pm] observer : oh, I know, mr p
[12:31 pm] shark : do some reconaissance
work
[12:31 pm] joeytsa : 🙂
[12:32 pm] observer : It looks like this may
be just another gutless bounce
[12:32 pm] shark : reading faces -is that
legal?
[12:32 pm] joeytsa : just read the money
flow
[12:32 pm] rusty : Duncan NeedAnotherHour
CNBC
[12:33 pm] shark : PCLN resistance at
$625.50 = 2000 intraday high
[12:33 pm] mrpolo : MAy be bottoming
observer, but now late in day.
[12:34 pm] joeytsa : ahh, i didnt go that
far back
[12:34 pm] observer : yes
[12:34 pm] joeytsa : thanks
[12:34 pm] joeytsa : PRGO might try a
run??
[12:35 pm] mrpolo : REGN at hod, again.
[12:35 pm] mrpolo : May be breaking out
[12:36 pm] shark : PCLN -the co stated on
last quarter’s earnings call that it expected
to see a slowdown in revenue growth moving
forward.
[12:37 pm] shark : LNKD -very nice bounce
off bottom if any of you caught that with
me
[12:38 pm] rusty :
http://blog.themistrading.com/an-open-letter-
to-the-cfos-of-thermo-fisher-and-pall-corp-on
-why-their-stocks-flash-crashed/
[12:39 pm] doji : Did you post it
Sharky?
[12:40 pm] shark : yup
[12:40 pm] shark : was watching as bottom
formed -made comments
[12:40 pm] mrpolo : Observer, you were right
that was the bottom on CAVM.
[12:41 pm] garyb : good observation
observer!
[12:41 pm] mrpolo : No pun intended,
gary?
[12:41 pm] garyb : 😉
[12:42 pm] observer : It likes to play
possum. I actually had traded this stock
earlier at an avg. of 36.85
[12:42 pm] observer : I was actually long
sinced just before 10.)) pst
[12:43 pm] observer : nearly got stopped
when it decided to run
[12:43 pm] thomasohana : nice observer
[12:43 pm] mrpolo : Good job, observer.
[12:43 pm] observer : thx, Raelyn
[12:44 pm] observer : thx, mrp
[12:45 pm] Ed : nice one on PRGO joey
[12:45 pm] joeytsa : was expecting more
[12:45 pm] joeytsa : take what you can
[12:46 pm] joeytsa : had a few teaser stocks
today
[12:47 pm] doji : DNDN
[12:48 pm] shark : yeah, nice one DNDN
-doji
[12:50 pm] shark : MGM alert
[12:50 pm] shark : MGM alert
[12:50 pm] mikewd2 -: nice bounce in VXX
[12:51 pm] doji :
Nooooooooooooooooooooooooooooooo
[12:51 pm] shark : BRENT- can you put up
PCLN chart for after hours?
[12:51 pm] garyb : Yeh Mike..I bought a ton
of UVXY at 5.50…nice
[12:51 pm] shark : Thank you!
[12:52 pm] mikewd2 -: wow, nice garyb
[12:52 pm] observer : nice, Gary
[12:52 pm] garyb : I may hold it
overnight…was over 6 today
[12:53 pm] observer : Taking a bit of CAVM
home, myself
[12:54 pm] garyb : that’s great Art!
Congrats! I tried to short it a few times
and got frustrated…I guess I should have
been more patient
[12:54 pm] mrpolo : I think it will be a
good move, observer.
[12:54 pm] shark : DECK new lod
[12:54 pm] observer : thx, Gary. I was
watching.
[12:54 pm] shark : hey…keep the market
open another hour
[12:55 pm] shark : lots goin’ on today
[12:55 pm] observer : Got my fingers
crossed, mrp, thx
[12:55 pm] garyb : I agree shark! Got a
little fixing to do over here! lol
[12:58 pm] joeytsa : dow fighting to hold
13k
[12:58 pm] garyb : yeh…gonna hold UVXY
…..showing a bullish pattern into
tomorrow…closing green
[12:58 pm] mrpolo : Goodnite everyone. See
you tomorrow.
[12:59 pm] observer : gn, mrp take it
easy
[12:59 pm] mikewd2 -: good luck garyb, i have
VXX
[12:59 pm] joeytsa : bye mrp
[12:59 pm] garyb : Good luck to you too
Mike!
[12:59 pm] mrpolo : Bye guys.
[12:59 pm] Ed : c ya mrpolo
[12:59 pm] observer : good luck, Gary, it
looks like it should do ok
[12:59 pm] mikewd2 -: also am long on ZSL at
9.10
[12:59 pm] shark : I don
[12:59 pm] mrpolo : Bye Ed.
[01:00 pm] lisas : by Mrpolo
[01:00 pm] shark : bye all 1/2 day traders
😉 great job
[01:00 pm] garyb : well….Art I think with
gass prices going up so drastically it would
make sense
[01:00 pm] mrpolo : Bye lisa.
[01:00 pm] klas : Later
[01:00 pm] observer : the way silver is
closing, it looks good, mike
[01:00 pm] lisas : Ed Rusty, just reading
the flash crash article, thanks for
posting
[01:00 pm] joeytsa : PCLN whisper is 5.31,
consensus is 5.05
[01:00 pm] qwert : good night everybody
[01:00 pm] joeytsa : should come out
soon
[01:00 pm] joeytsa : bye Ed
[01:01 pm] joeytsa : gn Brent
[01:01 pm] khall : gn
[01:02 pm] observer : gn Mitch, Brent, all
traders A good evening to all
[01:02 pm] mikewd2 -: PCLN, just jumped 15
point
[01:02 pm] shark : there she goes
[01:02 pm] observer : wow
[01:02 pm] joeytsa : knew it would be
big
[01:02 pm] rusty : good night to all the
good traders
[01:02 pm] joeytsa : just didnt know
direction
[01:02 pm] shark : up $18.50
[01:02 pm] mikewd2 -: short it joey,
haha
[01:03 pm] joeytsa : i dont play ah
[01:03 pm] joeytsa : $4 spread haha
[01:03 pm] shark : from $18.46 to just
$9
[01:03 pm] shark : WOW!
[01:03 pm] mikewd2 -: gave back 12
quickly
[01:03 pm] joeytsa : i will wait until
tomorrow
[01:04 pm] shark : Priceline.com prelim
$5.37 vs $5.04 Capital IQ Consensus Estimate;
revs $991 mln vs $968.31 mln Capital IQ
Consensus Estimate
[01:04 pm] shark : That is very good
[01:04 pm] joeytsa : wait till tomorrow
[01:04 pm] shark : BEAT well
[01:04 pm] joeytsa : when all the sheep
start sending orders in
[01:04 pm] shark : how does it take me extra
1 min to get that info?
[01:04 pm] shark : ugh
[01:04 pm] shark : would have bought on that
pullback
[01:05 pm] joeytsa : if this was during
hours..yeah
[01:05 pm] shark : why not after hours?
[01:05 pm] shark : same buttons on my
platform
[01:05 pm] joeytsa : i dont like to play
ah
[01:05 pm] mikewd2 -: 3 trades 2 long 1 short
could have yielded about 40 points
[01:05 pm] shark : could have?
[01:05 pm] mikewd2 -: i’m not going to touch
this one
[01:05 pm] Brent : or 40 points in losses if
your timing was off
[01:05 pm] mikewd2 -: yep
[01:05 pm] joeytsa : there is enough money
at the open to make
[01:05 pm] shark : up $25 PCLN
[01:06 pm] joeytsa : no need to play wild
bill hickok
[01:06 pm] shark : we are all cowboys
[01:06 pm] mikewd2 -: i hear you joey, fun to
watch though
[01:06 pm] shark : just have to work our
target practice skills
[01:06 pm] joeytsa : should get a decent
pullback off the open..
[01:06 pm] shark : which?
[01:06 pm] shark : PCLN
[01:06 pm] shark : ?
[01:06 pm] joeytsa : yeah
[01:07 pm] shark : LIKE CRM 😉 ?
[01:07 pm] khall : are you actually going to
wait for open if it starts dropping tho?
[01:07 pm] shark : yeah….
[01:07 pm] joeytsa : if it starts dropping a
few minutes b4, then you can probably get
in
[01:07 pm] garyb : Anyone going to short it
AH?
[01:07 pm] khall : my nads are not big
enough to do that
[01:07 pm] shark : look at CRM on Fri chart
khall
[01:07 pm] joeytsa : after the drop, just
might get a real nice followthru up move
[01:07 pm] shark : we were buying off bottom
of pullback
[01:08 pm] joeytsa : CRM on friday started
to pullback pre-market
[01:08 pm] khall : I shorted pre market on
Fri and rode it both ways
[01:08 pm] joeytsa : after topping near
148…fell right to 140
[01:08 pm] shark : lighter volume after
hours askews the #’s
[01:08 pm] mrpolo : Came back to see PCLN,
holy sh_-., big moves.
[01:08 pm] shark : hahaha lol
[01:08 pm] mikewd2 -: short at 620 might not
be a bad gamble
[01:08 pm] shark : only up 4.3%
[01:09 pm] joeytsa : wouldnt surprise me to
see another 20pts higher
[01:09 pm] shark : the $25.45 makes it seem
like more
[01:09 pm] shark : that’s what options are
reflecting joey
[01:09 pm] shark : could get there by
fri
[01:09 pm] mrpolo : Ya, but $600 stock.
[01:09 pm] shark : depending on conference
call
[01:09 pm] shark : serious player as this
price level mrp
[01:09 pm] joeytsa : probably hit 630 easily
by morning
[01:09 pm] shark : you set up and have some
experience with options mrp?
[01:10 pm] mrpolo : Unless using options,
but I am sure the premuims are huge,
shark.
[01:10 pm] shark : they will suck out the
air out of them when it opens tomorrow
[01:10 pm] joeytsa : its these type moves
that got me going into gaps orginally
[01:10 pm] shark : as the news is getting
out
[01:10 pm] lisas : bye all, interesting
day!
[01:11 pm] joeytsa : bye lisa lisa
[01:11 pm] shark : you can also sell options
when premiums are high
[01:11 pm] mrpolo : I used to trade a ton of
options in the 1990’s. Traded 400 to 500
times a year.
[01:11 pm] shark : take in the premium
[01:11 pm] shark : that’s barely 2x/trading
day
[01:11 pm] shark : bye lisa
[01:11 pm] mrpolo : I write covered calls
now shark, but don’t trade many options.
[01:11 pm] shark : oh… 🙁
[01:12 pm] joeytsa : cc’s are great for
IRA’s, esp in bull markets
[01:12 pm] joeytsa : same with bull put
spreads
[01:12 pm] joeytsa : just limits
profits
[01:12 pm] khall : gotta run guys – get my
workout in – see you tomorrow am
[01:12 pm] shark : cc’s can zap your
positions in bull markets
[01:12 pm] joeytsa : bye khall…rest day
for me 🙂
[01:12 pm] shark : nice one, khall 🙂
[01:12 pm] khall : lucky you
[01:13 pm] mrpolo : True on number shark,
but you have to remember their were no weekly
options and to trade twice a day was about my
average with working full time.
[01:13 pm] joeytsa : thats what i look for
shark
[01:13 pm] shark : WHOA, catch that spike
down on PCLN, joey?
[01:13 pm] joeytsa : bad tick??
[01:13 pm] shark : went back to closing
price
[01:13 pm] shark : now up $29.46
[01:13 pm] shark : 4.98%
[01:13 pm] shark : you think?
[01:13 pm] shark : PE 31
[01:13 pm] mikewd2 -: getting time to
short
[01:14 pm] joeytsa : here comes 630
[01:14 pm] shark : 29.4 B market cap
[01:14 pm] joeytsa : might even get to 640
🙂
[01:14 pm] shark : maybe 1 client misread
and sold out at the close price
[01:14 pm] shark : CNBC PCLN now
[01:15 pm] mikewd2 -: 5.37 versus 5.05
[01:15 pm] shark : 😉
[01:15 pm] joeytsa : they knew that
though
[01:15 pm] shark : probably be a buyable gap
up on heavy vol tomorrow
[01:15 pm] shark : can use the low as a
stop
[01:15 pm] joeytsa : whisper was 5.31
[01:15 pm] shark : for a swing position
[01:16 pm] joeytsa : should be a nice
pullback though
[01:16 pm] shark : another pullback
joey
[01:16 pm] shark : maybe i should put in a
buy order just above those low ticks
[01:16 pm] joeytsa :
PCLN,ISRG,GOOG,AAPL..just huge movers on
earnings day
[01:17 pm] shark : yeahh
[01:17 pm] shark : okay, I put in an order
at $595
[01:18 pm] joeytsa : if you dont get filled
before open, maybe just after haha
[01:18 pm] shark : I’ll cancel it if I have
to walk away from my computer
[01:18 pm] mrpolo : Shorting a 1000 shares
of PCLN now….. Just kidding!!!!
[01:19 pm] shark : I would think there are a
lot of buyers between my $595 and the current
price
[01:20 pm] joeytsa : i just shut down my
lightspeed, othewise i would look
[01:20 pm] shark : you’d be up $1 on your
short now, mrp
[01:20 pm] shark : haha
[01:20 pm] shark : wouldn’t advise it,
though
[01:21 pm] shark : JAZZ .08 beat/share
[01:21 pm] mrpolo : I don’t have that kind
of guts, shark.
[01:21 pm] shark : 83.5M vs 80.86
consensuous
[01:21 pm] joeytsa : after PCLN its more
like JAZZZZZZ
[01:21 pm] shark : they should play jazz on
their website
[01:21 pm] joeytsa : 🙂
[01:21 pm] mrpolo : in actually, I do think
that it is topping.
[01:22 pm] shark : have to wait for
conference call
[01:22 pm] mikewd2 -: on trade station i
didn’t get those bad ticks
[01:22 pm] shark : expect more
swings…
[01:22 pm] mikewd2 -: hoping for more swings
shark
[01:23 pm] shark : 🙂 yeahh
[01:23 pm] mrpolo : Probably would make
money with a short here, but would be very
gutsy.
[01:23 pm] mikewd2 -: i shorted 100 shares at
625.00
[01:23 pm] shark : WOW!
[01:23 pm] joeytsa : not as many buyers as i
though
[01:23 pm] joeytsa : thought
[01:23 pm] mikewd2 -: up 100 down 100 not
much action
[01:23 pm] mrpolo : Good luck, mike. I think
it will work.
[01:24 pm] joeytsa : good luck mike, are you
holding until tomorrow??
[01:24 pm] mikewd2 -: doubt that joey
[01:24 pm] mikewd2 -: just need that last
trade for today – haha
[01:24 pm] shark : 😉
[01:24 pm] joeytsa : smart…i expect more
upside y morning
[01:24 pm] joeytsa : by
[01:25 pm] mrpolo : I would sell before the
conference call, it could easily go either
way then.
[01:25 pm] shark : they won’t fill me at
$595
[01:25 pm] shark : 🙁
[01:25 pm] shark : good point mrp
[01:26 pm] mrpolo : See to many conference
calls make a stock move either way over the
last 25 years.
[01:26 pm] joeytsa : no recent sec flilings
either
[01:26 pm] joeytsa : so no split coming
[01:26 pm] shark :
http://ir.priceline.com/eventdetail.cfm?Event
ID=108969
[01:26 pm] shark : you can sign in for
conference call here
[01:26 pm] shark : starts in 4 min
[01:27 pm] mrpolo : As a shareholder you
ususally can.
[01:29 pm] mrpolo : If they say anything
bad, margins, revenues, eps, then poof.
[01:29 pm] shark : I’m on the conference
call
[01:29 pm] joeytsa : yep..thats why i never
hold thru events
[01:29 pm] shark : I love the over reaction
of events
[01:30 pm] mrpolo : So true joey.
[01:30 pm] joeytsa : you canmake a ton of
cash playing the lead up to the event, and
then the overreaction to that event
[01:30 pm] mrpolo : Yep.
[01:31 pm] joeytsa : gaps are just
overreactions to something
[01:31 pm] mrpolo : In the past, the best
plays were lead ups to splits.
[01:31 pm] mrpolo : Especially in the 1990
internet craze.
[01:31 pm] joeytsa : yeah
[01:32 pm] shark : SINA prelim $0.21 vs
$0.22 Capital IQ Consensus Estimate; revs
$133.40 mln vs $132.06 mln Capital IQ
Consensus Estimate
[01:32 pm] shark : PCLN new hod
[01:32 pm] shark : vol coming back in
[01:33 pm] joeytsa : i forgot all about SINA
haha
[01:33 pm] shark : you still in mike?
[01:33 pm] shark : SINA sees Q1 revs
$101-104 mln vs $116.32 mln Capital IQ
Consensus Estimate
| [06:26 am] eddy : Mitch are you posting
the DNDN chart here/?
[06:27 am] mikewd2
-: DNDN looking weak
[06:27 am]
sfarrill : MHS
[06:27 am]
lightning : oil dropping hard
[06:28
am] joeytsa : thx light, totally missed
that
[06:28 am] joeytsa : ES in
tight 3pt range past few hours
[06:28 am]
joeytsa : 1355-1358 areas
[06:29 am]
joeytsa : CNQR might make a little
noise
[06:31 am] joeytsa : quick pop
on SINA
[06:31 am] joeytsa : ESRX
running
[06:32 am] joeytsa : DNDN
trying to bottom, has to blast thru some res
though
[06:32 am] doji : Good
morning, just connecting to the
room
[06:32 am] observer : gm
doji
[06:33 am] ronfrac : mcp watch
for bottom
[06:33 am] mikewd2 -: Dendreon
says targeting gross margin of 50% at $500M
of revenue
[06:34 am] joeytsa : GMCR
moving down
[06:35 am] joeytsa :
BIDU,SINA quick up/down
[06:35 am]
skydiver : S RATE 25.73 – out 1/2 25.51
moving stop down
[06:35 am] garyb :
LRN bouncning I’m in long
[06:35 am]
joeytsa : SODA, nice hold on prev
high…might get tested again
[06:36 am]
skydiver : out another 1/4 25.45 RATE
S
[06:36 am] observer : good,
sky
[06:36 am] joeytsa : oue DNDN
short
[06:36 am] joeytsa :
out
[06:36 am] skydiver : thnx
observer
[06:36 am] mikewd2 -: MCP L 25.75
what a nice bounce
[06:36 am] rusty
: SODA radar
[06:37 am] observer :
🙂
[06:37 am] joeytsa : nice
sky
[06:37 am] skydiver :
🙂
[06:37 am] joeytsa : DECK
trending up
[06:38 am] joeytsa : CRM
nice move 🙂
[06:38 am] skydiver :
moving stop down on RATE S last 1/4
[06:39
am] mrpolo : DNDN falling
hard
[06:39 am] skydiver : all out
of RATE S
[06:39 am] doji : VVUS
flying
[06:39 am] observer : L
TVIX
[06:39 am] joeytsa : out all
SODA for now
[06:40 am] lightning :
L some TSL
[06:40 am] observer : out
1/3 TVIX
[06:41 am] doji : WOs, SPY
dropping hard
[06:41 am] joeytsa :
AMZN pop
[06:41 am] joeytsa : yeah
doji
[06:42 am] rusty : covered SODA
+ 3/4
[06:42 am] joeytsa : AAPL lod,
PCLN trying to regain footing
[06:43 am]
lightning : out 1/2 TSL L
[06:43 am]
joeytsa : GMCR still moving down ..will
look for a another weak bounce
[06:43 am]
mikewd2 -: VIX up almost 11%
[06:44 am]
rusty : GMMCR radar
[06:44 am]
joeytsa : CRM in between zones, but
cons above vwap,15ma
[06:44 am]
rusty : GMCR
[06:44 am]
joeytsa : MAKO spike
[06:45 am]
eddy : dndn free fall
[06:45 am]
doji : MDR turning up
[06:45 am]
eddy : can we have the cgart
up?
[06:45 am] lightning : out rest
TSL L
[06:45 am] eddy :
chart
[06:45 am] joeytsa : yeah eddy
its beautiful 🙂
[06:46 am] eddy :
we go long dndn?
[06:47 am] eddy : i
cant see the chart in real time
[06:47 am]
lightning : L MDR
[06:47 am]
doji : DNDN bouncing
[06:47 am]
observer : adding TVIX
[06:48 am]
joeytsa : ES multi bottom at 1353
area
[06:49 am] lightning : DNDN
bottoming>
[06:49 am]
lightning : ?
[06:49 am]
joeytsa : get hammer ready for DNDN,
just in case
[06:49 am] doji : DNDN
rebound weak
[06:49 am] rusty : sold
GMCR + .8
[06:49 am] garyb : MDR
pulling back a little
[06:49 am]
doji : SHLD turning
[06:50 am]
joeytsa : MAKO a nice pullback
test
[06:50 am] joeytsa : nice
rusty..you get the short also?
[06:50 am]
rusty : SODA bounce
[06:50 am]
rusty : no
[06:51 am] joeytsa
: MAKO coming into res, break higher, will
give a nice run
[06:51 am] garyb :
still in MDR….stalled a bit but indicators
point up
[06:52 am] joeytsa : MDR
looks weak right now, keep tight
stop
[06:52 am] doji : You man 40 as
resistance in MAKO Joey?
[06:52 am]
rusty : JAZZ lod
[06:52 am]
doji : I have R2=39.2
[06:53 am]
garyb : MDR lookis like its breaking
out out out
[06:53 am] lightning :
out 1/2 MDR L
[06:53 am] joeytsa :
yeah doji, after R2
[06:53 am] rusty
: XCO lod
[06:53 am] doji :
Thanks
[06:53 am] joeytsa : then
maybe a run to 42?
[06:53 am]
joeytsa : looks tired at the moment
though
[06:54 am] garyb : MDR on the
2 & 5 minute look great…I think
patience with this one…stop at
B/E
[06:55 am] doji : Gary, MDR
needs the push from the SPY… be
carefull
[06:56 am] garyb : ok
doji…I raise my stop…..no lose
situation….THanks for the H/U
[06:57 am]
rusty : SHLD radar
[06:57 am]
khall : WHR still just moving on
up
[06:57 am] skydiver : SHLD –
🙂
[06:57 am] joeytsa : TSCO nice
quick move, lower vol
[06:57 am]
observer : stopped out TVIX
[06:58
am] rusty : OREX worth
watching
[06:58 am] rusty : seems
its getting a little squeeze
[06:58 am]
joeytsa : HUM nice uptrend so
far
[06:58 am] mikewd2 -: DNDN next leg
down
[06:58 am] joeytsa : yeah
rusty
[06:59 am] joeytsa : SODA
lower high
[06:59 am] skydiver :
pending home sales info in 30
seconds
[06:59 am] mikewd2 -: CJES
bouncing
[07:00 am] joeytsa : report
out in 1 min
[07:00 am] sfarrill :
MHS
[07:00 am] joeytsa : pend home
sales up
[07:00 am] joeytsa : should
give a quick pop
[07:00 am] skydiver
: thnx Mitch – covering SHLD 70.31
[07:00
am] mikewd2 -: out MCP +0.35
[07:00 am]
scalpman : no shorts on ATPG at
TS
[07:00 am] doji : pending home
slaes hitting 2y high
[07:01 am]
garyb : MDR moving up
now..slowly
[07:02 am] mrpolo : I
have to go to the dentist. Will bb later.
Good luck everyone.
[07:02 am] khall
: have fun at the dentist!
[07:02 am]
joeytsa : enjoy that one 🙂
[07:02
am] mrpolo : Tnx Khall. I love
it!
[07:02 am] khall : LOL
[07:03
am] observer : thx mrp
[07:03 am]
observer : GLD new hod
[07:03 am]
doji : I had no trades this morning…
just too bussy
[07:04 am] doji :
busy
[07:04 am] joeytsa : quick pop
on BWLD..not sure anything is there
yet
[07:04 am] mikewd2 -: not on your diet
joey!
[07:04 am] joeytsa : thx
Mitch
[07:05 am] joeytsa : yeah mike
🙂
[07:05 am] khall : SODA
dropping
[07:05 am] joeytsa : HOT
gitting prev cl
[07:05 am] doji :
KDN needs to break 38 (previos
close)
[07:06 am] joeytsa : yeah
khall, SODA has been interesting today
🙂
[07:06 am] doji : BVSN broke
40
[07:07 am] doji : MNST new
52-week high
[07:07 am] rusty :
restarting BVSN swing s
[07:07 am]
joeytsa : GMCR testing here
[07:08
am] mikewd2 -: rusty what broker do you use
to short BVSN?
[07:09 am] observer :
SLV hod
[07:09 am] eyes : L DNDN
12.28
[07:09 am] observer : GLD new
hod
[07:11 am] observer : SLW new
hod
[07:11 am] skydiver : CRM is
quite the ride up
[07:12 am]
skydiver : bouncing candles on CRM
🙂
[07:13 am] qwert : watching
clne
[07:13 am] eyes : out half DNDN
.41
[07:13 am] eyes :
12.41
[07:13 am] joeytsa : BRK.B
moving
[07:13 am] skydiver : out 1/2
CRM L
[07:14 am] joeytsa : RIG has
been a beauty
[07:14 am] skydiver :
nice joey on RIG L
[07:14 am] doji :
RIG topping
[07:14 am] joeytsa :
thx, pulled back on teh open right to prev hi
and held 🙂
[07:15 am] rusty : OREX
hod
[07:15 am] garyb : Stopped out
MDR….weak
[07:15 am] mikewd2 -:
Transocean says potential claims in Brazil
“without merit”
[07:15 am] joeytsa :
you are better off gary
[07:16 am]
joeytsa : watching GMCR to see if prev
cl holds
[07:16 am] garyb : Yea I
agree Joey….made some on it but not the
powerhouse I was hoping for
[07:16 am]
skydiver : all out of CRM L
[07:16
am] joeytsa : nice one sky..i missed
that one
[07:17 am] skydiver : VRTX
– take over chatter
[07:17 am]
joeytsa : AMZN with repeat lower
highs..just watching for now
[07:17 am]
doji : RIG won’t get rid of Brazil’s
law easily… that is for sure
[07:19 am]
joeytsa : INVN moving down
[07:19
am] doji : SPY resumming uptread… it
is very strong today…
[07:19 am] mikewd2
-: DNDN coming back nicely
[07:20 am]
joeytsa : yeah doji, went from looking
weak to strong
[07:20 am] skydiver :
nice mike on DNDN
[07:21 am] joeytsa
: MNST well off the bottom
[07:21 am]
joeytsa : just broke above prev
hi
[07:22 am] joeytsa : SINA seems a
little weak off this spy pop
[07:22 am]
doji : RIG above 200 MA on
daily
[07:23 am] eyes : out DNDN
12.63
[07:23 am] pow : watch whr for
short
[07:23 am] mikewd2 -: nice
eyes
[07:23 am] joeytsa : thx doji,
RIG thowing money today
[07:24 am]
rusty : adding to VIX long trade (sold
gap earlier)
[07:27 am] joeytsa :
AMZN in a dogfight at prev lo
[07:27 am]
garyb : I was watching it too
Ed….looks like it’ still strong
[07:28
am] joeytsa : yeah gary, hasnt lost
15ma yet..nice long so far
[07:29 am]
garyb : yes
[07:29 am] doji :
Nice short on RIG…
[07:29 am]
joeytsa : out DNDN short
[07:30 am]
doji : My first trade of the
day…
[07:30 am] joeytsa : nice
doji, i wasnt sure on that one
[07:30 am]
joeytsa : SINA finally broke
out
[07:30 am] joeytsa : without
me
[07:31 am] joeytsa : WHR with neg
div
[07:32 am] joeytsa : out gmcr
small loss
[07:33 am] skydiver : VRX
still climbing
[07:34 am] joeytsa :
will watch for next GMCR setup
[07:35 am]
scalpman : Sill have of piece of CTB
S
[07:35 am] scalpman : Got caught
on WHR but weathered the storm for small
profit. Still watching.
[07:35 am]
garyb : WHR
[07:36 am] joeytsa
: tighten stop on AMZN if short
[07:36 am]
joeytsa : AMZN in an asc
triangle?
[07:36 am] scalpman :
Support at 17.40 WHR
[07:36 am]
scalpman : 74.40
[07:37 am]
scalpman : final stop @ 17.21 CTB
D
[07:37 am] scalpman : S
[07:37
am] joeytsa : VRX trying to hold
support
[07:39 am] joeytsa : not
taking WHR again until it can get thru
75
[07:40 am] scalpman : New high on
WHR
[07:40 am] joeytsa : NFLX lost
support
[07:40 am] mikewd2 -: there it
goes joey
[07:41 am] scalpman : All
out CTB S
[07:41 am] joeytsa : nice
pop in the market
[07:42 am]
scalpman : Mitch, I am live trading
today…
[07:42 am] scalpman : half
position only
[07:43 am] skydiver :
Great scalpman – I always have hated dead
trading 🙂
[07:43 am] ronfrac :
esrx bottoming
[07:44 am]
joeytsa : nice scalp
[07:44 am]
joeytsa : WHR $ $ $
[07:44 am] Ed :
way to be flexible joey
[07:44 am]
skydiver : good job joey!! on
WHR
[07:44 am] mhaus : CCC
spike
[07:44 am] joeytsa : 🙂
actually only looking for longs on
WHR
[07:45 am] scalpman : ha….as
opposed to “simulated”…
[07:45 am]
garyb : Yeh it’s strong joey…good
one
[07:45 am] joeytsa : just trying
to make it easier on me
[07:46 am]
joeytsa : that was a 5:1 r/r min right
there
[07:46 am] joeytsa : AMZN
coming up into prev lo/mulit top
res
[07:47 am] joeytsa : good
trading everyone..see you in 20
[07:48 am]
skydiver : take care joey
[07:54 am]
lightning : don’t forget to clock out
joey
[07:55 am] rusty : buy HGT
again
[07:55 am] rusty : into
weakness
[07:57 am] skydiver : thnx
Rusty on HGT
[07:59 am] mikewd2 -: joey
leaves and the market just slows down
–
[08:00 am] garyb : Mike, get my
e-mail?
[08:00 am] mikewd2 -: on FB or
email?
[08:01 am] garyb : yes
FB
[08:01 am] mikewd2 -: yes i
did
[08:01 am] doji : Back
again
[08:02 am] garyb :
doji!!!!!!!
[08:02 am] doji : Crazy
market… appeared weak at the open and now
just moving up….
[08:02 am] rusty
: also low volume
[08:03 am] rusty :
everyone complacent but market like this
actually very dangerous
[08:03 am]
rusty : unless just
daytrading
[08:03 am] joeytsa : i
agree rusty
[08:03 am] garyb : It’s
the housing news doji…seemed to put some
fuel into the market
[08:04 am] doji
: I see that… hope all the numbers are not
being “masked” because of the upcoming
elections
[08:05 am] joeytsa :
hmmm
[08:05 am] doji : I’ll add to
my TVIX and TZA positions in very small
increments….
[08:05 am] joeytsa :
Blackstone investing $2B in LNG
plant
[08:05 am] joeytsa : Lowe’s
with higher profits upbeat outlook
[08:06
am] garyb : of course the numbers are
masked doji…everything is manipulated by
the market makers
[08:06 am] rusty :
obama is a market maker?
[08:07 am]
joeytsa : market makers dont need to
manipulate to make money…even if they do
🙂
[08:07 am] garyb : Yes..have’nt
you heard rusty
[08:07 am] lightning
: market mauler
[08:07 am] mikewd2 -: i
wonder what he did
[08:07 am]
joeytsa : obama ruined the housing
market…starting with the white house
🙂
[08:07 am] rusty : SWN
radar
[08:09 am] skydiver : Well, my
time us up — see you all tomorrow morning
🙂 only two trades today, but both in
green 🙂
[08:09 am] garyb : good one
sky! see you tomorrow
[08:10 am] Ed
: c ya sky
[08:10 am] observer : c
you sky
[08:10 am] lisas : bye sky,
great job!
[08:10 am] ronfrac : bye
sky
[08:11 am] mikewd2 -: nice job
sky
[08:11 am] garyb : Rusty good
eye on the SWN…just missed it though..next
time type faster! 😉
[08:12 am]
joeytsa : later sky
[08:16 am]
eyes : Scalp how long were you
paper trading
[08:17 am] joeytsa :
AAPL running
[08:18 am] joeytsa :
AMZN finally pushed above prev lo res, see if
test holds
[08:20 am] doji : SPY in
a straight upward trend….
[08:21 am]
joeytsa : BIDU testing res 2nd
time
[08:21 am] shailan : VFC new
high Joey u were right
[08:23 am]
eyes : MHS L 67.47
[08:23 am]
joeytsa : shailan, wish i had set alert
in lower area though
[08:24 am]
shailan : I did
[08:26 am]
joeytsa : nice, i looked at it wrong
actually
[08:27 am] joeytsa : just
hjit $150 though 🙂
[08:27 am] eyes
: out Half 67.63 stop second half set
BE
[08:27 am] joeytsa : nice
eyes
[08:28 am] scalpman : TECD S @
58.93….got in too early, but it
dropped.
[08:28 am] mikewd2 -: be careful
TECD over 10 year
[08:29 am] mikewd2 -: if
not all time high
[08:29 am] joeytsa
: IBM with nice up trend
[08:29 am]
joeytsa : i love those mike
[08:30
am] mikewd2 -: for longs?
[08:30 am]
mikewd2 -: quick short?
[08:30 am]
joeytsa : both actually
[08:31 am]
joeytsa : you get a stock at all-time
high…no overhead supply, ticker lights up
every hedge fund radar
[08:31 am]
scalpman : Out 1/2 TECD
[08:31 am]
joeytsa : very limited risk because you
can set stop failrly tight
[08:32 am]
joeytsa : and if it cracks..you can get
a decent move also
[08:32 am]
scalpman : Stop TECD S @
58.91
[08:32 am] joeytsa : for long,
either scale in slow or wait for a
pullback/test
[08:34 am] scalpman :
TEDC 50 ema @ 58.41 on the 1 min
[08:36
am] joeytsa : TECD looks nice on a
pullback…technically its a beautiful
chart…
[08:36 am] garyb :
yes…looks great
[08:36 am] joeytsa
: fairly smooth uptrend, new high,
hasnt lost the 50ma since dec?…
[08:36
am] joeytsa : 20ma above 50ma above
200ma
[08:36 am] scalpman : trailing
down TECD
[08:37 am] scalpman : OUt
another 1/4 TECD S
[08:37 am]
joeytsa : but “technically” doesnt
always work 🙂
[08:38 am] khall : is
it just me or did WHR double top?
[08:38
am] scalpman : Trailin down
TECD
[08:38 am] joeytsa : tighten
stop on BIDU if short
[08:38 am]
joeytsa : looks like it khall
[08:38
am] scalpman : all out TECD
[08:38
am] scalpman : Good one Mitch nice
call…
[08:39 am] joeytsa : FOSL
testing prev cl
[08:42 am] qwert :
thx for tecd mitch
[08:43 am]
joeytsa : PCLN has earnings
coming…should make big moves
[08:44 am]
joeytsa : thx Brent
[08:44 am] Ed :
Bretnt beat me to it
[08:44 am]
joeytsa : you get the “silver”
Ed
[08:44 am] rusty : Piper drops
their price tartget on SINA by $44 to
$95 out earlier
[08:44 am] Ed :
cool
[08:44 am] mikewd2 -: LO many year
high
[08:45 am] khall : thanks
Rusty
[08:45 am] joeytsa : thx rusty
, mike
[08:45 am] joeytsa : LO was
nice on breakout above $120
[08:46 am]
joeytsa : its been on neg div
though..just something to watch
[08:47 am]
joeytsa : cnbc doing their best
espn??
[08:48 am] Ed : very smart kid
griffin
[08:48 am] joeytsa : yeah
cmon Redskins !!!!
[08:48 am]
joeytsa : gonna need those legs with
taht oline hah
[08:48 am] Ed : graduated
from high school & college
early
[08:49 am] joeytsa : great
athelete, seems like a good kid
[08:49 am]
mikewd2 -: yeah, already have endorsement
deals
[08:49 am] joeytsa : just not
sure how rg3= me making money in stocks
🙂
[08:50 am] Ed : fast on his feet and
accurate passer
[08:50 am] mikewd2 -:
early season had more td passes than
incompletes.
[08:50 am] mikewd2 -: but
A&M beat them – haha
[08:50 am]
joeytsa : i’d take him or
Luck
[08:51 am] mikewd2 -: luck is the man
for sure
[08:51 am] mikewd2 -: he
performed very well at combines
[08:51 am]
Ed : either one would be great
[08:51 am]
Ed : some fast 1b’s this year
[08:51 am]
Ed : qb’s
[08:51 am] joeytsa : i’ll
say, nice 40
[08:51 am] joeytsa :
yeah but only 3 worth a shot
[08:52 am]
mikewd2 -: tannahill from A&M suppose
to be 3rd qb picked, but was hurt not at
combines work out
[08:52 am] Ed : only
thing with Wilson is he is short
[08:52
am] joeytsa : yeah, he will need 3
yrs
[08:52 am] mikewd2 -: oh
yeah
[08:52 am] joeytsa : CFL for
wilson haha
[08:52 am] joeytsa : i
like weeden, age is only factor
[08:52 am]
mikewd2 -: i’ll sit on the bench for 1mil a
year
[08:53 am] joeytsa : you make
more trading each day mike
[08:53 am]
mikewd2 -: i think weeden is 4th best they
said
[08:53 am] Ed : isnt he like
58
[08:53 am] joeytsa : haha yeah
28
[08:53 am] khall : HA HA not
quite Ed
[08:53 am] mikewd2 -: have to not
athletic anymore
[08:53 am] joeytsa
: i would only take him if we got the wr @
#6
[08:53 am] khall : this is his
second pro career
[08:53 am] mikewd2 -:
yeah, i don’t like the fact they can come it
at that age to college
[08:54 am] mikewd2
-: you do any pro you should be a
pro
[08:54 am] khall : It is kind of
odd
[08:54 am] khall : but he was
sure fun to watch
[08:54 am] Brent :
Weeden reminds me of Billy Madison
[08:54
am] khall : LOL – with
freckles
[08:55 am] Ed : good
point
[08:55 am] joeytsa : skins
will either sell the farm for rg3, or go
Blackmon @6, weeden in the 2nd
[08:55 am]
mikewd2 -: please pick rg3, trade to cowboys
for romo! haha
[08:56 am] mikewd2 -:
proven loser i mean winner
[08:56 am]
joeytsa : hah
[08:56 am]
joeytsa : will trade you romo for sexy
rexy
[08:56 am] joeytsa :
interceptus rexus
[08:56 am] Brent :
Glutious Reximus
[08:57 am] rusty :
Gluteus free diet
[08:57 am] mikewd2 -:
TECD at support?
[08:57 am] joeytsa
: haha
[08:57 am] Ed : nice call
Mitch
[08:57 am] mikewd2 -: loved Gordon
Gekko
[08:58 am] mikewd2 -: on cnbc
now
[08:58 am] rusty : US Charges
Bank Of America With Mortgage
Discrimination
[08:59 am] shark :
haha
[08:59 am] rusty : first US
says too many mortgages were given
out
[08:59 am] rusty : now they say
discrimination
[08:59 am] rusty :
rofl
[08:59 am] thomasohana :
lol
[08:59 am] shark :
yeahh…lol
[08:59 am] joeytsa :
Shailan: HOLI just triggered, just
watching
[09:00 am] shailan : Ok
Joey ty
[09:00 am] rusty : dead
people, cats and dogs got mortgages…gonnna
be hard to prove discrimination
[09:01 am]
joeytsa : agreed
[09:01 am]
joeytsa : i think dead people got to
vote also
[09:01 am] rusty : they
got lobbyists/
[09:01 am] rusty :
?
[09:01 am] joeytsa : 🙂
[09:01
am] mikewd2 -: VVUS on fast money soon, may
get another jump
[09:01 am] eyes : S
TECD 58.94 out 1/2 58.70 1/4 58.11 1/4
58.06
[09:01 am] rusty :
AARP
[09:02 am] rusty : not a stock
symbol
[09:03 am] rusty :
http://www.bloomberg.com/news/2012-02-27/mudd
y-waters-losing-support-in-market-as-latest-c
alls-prove-inconclusive.html
[09:03 am]
mikewd2 -: ah oh, no more easy money on muddy
waters
[09:04 am] joeytsa : who
cares about if the stock rebouncs after the
fact
[09:05 am] joeytsa : i will
wait for one of their calls to not move a
stock a penny b4 i jump off that
bus
[09:05 am] ronfrac : nice
eyes.
[09:06 am] joeytsa : great
trading eyes !!!
[09:06 am] joeytsa
: was that the ninja atm?
[09:06 am]
qwert : way to go eyes
[09:08 am]
joeytsa : VVUS still holiding
15ma
[09:08 am] eyes : I just went
adjusting
[09:08 am] eyes : the
atm
[09:09 am] joeytsa : if SHLD
loses prev cl, might get some money..things
are slow though, but its been cons for
awhile
[09:09 am] joeytsa : nice job
eyes
[09:12 am] joeytsa : CF
hod
[09:14 am] joeytsa : BIDU still
making lower highs, not big moves
though
[09:15 am] joeytsa : if CF
breaks above $187 with stength, might get
$1?
[09:16 am] joeytsa : maybe later
in the day?
[09:16 am] pow :
watching DdDN for bottom
[09:16 am]
scalpman : Time to go…good day today
3/3 in the GREEN…thanks to all for
excellent calls.
[09:16 am] shark :
nice scalp 🙂
[09:16 am] Brent : good job
scalp, see you tomorrow
[09:17 am]
khall : great trading scalp
[09:17
am] lisas : bye scalp!
[09:17 am]
scalpman : See you tomorrow thanks
Shark, brent, khall, lisas
[09:17 am]
joeytsa : later scalp
[09:17 am]
qwert : cya scalp
[09:17 am]
scalpman : …and joey
[09:17 am]
scalpman : qwert
[09:17 am]
scalpman : Scalpman has left the
building!
[09:18 am] shark : VVUS
testing hod
[09:18 am] joeytsa : uh
oh..a shark sighting in the waters
[09:19
am] shark : LNKD testing lod
[09:21
am] joeytsa : shark: PCLN makng moves,
earnings today i think
[09:21 am]
shark : 😉
[09:21 am] shark :
yes
[09:22 am] shark : LNKD pattern
looks like it’s trying to put in a bottom
here
[09:22 am] doji : VVUS
aproaching 25. Wil it break it?
[09:22 am]
mh : sorry brent but were you thinkin
WBMD short?
[09:22 am] shark : diet
pills, doji? HELL, yes!
[09:23 am] Brent :
yes mh
[09:23 am] mh :
thanks
[09:23 am] joeytsa : until
the first neg side fx kick in
[09:23 am]
joeytsa : BIDU riding prev cl
[09:23
am] Brent : would want to see some volume on
the WBMD break though
[09:23 am]
shark : but that’s fundamental answer
to your technical question, doji 🙂
[09:23
am] mh : yep
[09:24 am] doji :
WBMD at 52-week low
[09:26 am] shark
: VVUS story coming up on CNBC,
doji
[09:29 am] mikewd2 -: here’s the CEO
of VVUS on CNBC
[09:30 am] doji :
Nive WBMD short
[09:30 am] doji :
nice
[09:30 am] mhaus :
WLK
[09:31 am] mikewd2 -: VVUS targeting
4/17 for FDA approval
[09:31 am]
shark : 500,000+ shares traded on VVUS
during commercial break
[09:32 am]
joeytsa : what a bunch of
garbage
[09:32 am] shark :
?
[09:32 am] doji : VVUS dropping…
it must be the 500,000 shares your shorted
Sharky
[09:32 am] shark :
😉
[09:32 am] joeytsa : why people
take these bs “magic pills” when they can do
all that with no side fx
[09:33 am]
rusty : peops like it easy
[09:33
am] rusty : diet without work
[09:33
am] joeytsa : yep
[09:33 am]
shark : cheating!
[09:33 am]
rusty : that’s why US greatest country
in world
[09:33 am] joeytsa : except
it doesnt work
[09:33 am] qwert :
evrybody wants the shortcut
[09:33 am]
joeytsa : longterm
[09:34 am]
rusty : “Exercise in a pill”
[09:34
am] joeytsa : giving a fat person a
pill while they scarf down mcd’s will just
get them sicker
[09:34 am] joeytsa :
losing weight is easy
[09:34 am]
shark : 🙂
[09:34 am] shark :
AND FUN!!!!
[09:35 am] joeytsa :
most people just dont want to change their
lifestyle
[09:35 am] mh : thanks
brent
[09:36 am] joeytsa : nice call
Brent
[09:36 am] rusty : SWN
lod
[09:37 am] eyes : Hey no one
ever answerd me about Kris is He done with
the room
[09:37 am] rusty : kris is
my new dishwasher
[09:37 am] joeytsa
: as far as i know yes
[09:37 am]
khall : 🙁
[09:38 am] joeytsa
: CF still moving up
[09:38 am] eyes
: why what happened
[09:40 am]
rusty : German Parliament Approves
Second Greek Bailout
[09:41 am] Brent :
Nothing happened eyes. He just wanted
to take a break
[09:41 am] Brent : I
think
[09:41 am] garyb : WLK
short
[09:41 am] joeytsa : despite
Merkel admitting there is no guarantee the
plan will work
[09:42 am] garyb :
WLK still strong
[09:43 am] joeytsa
: yeah it is
[09:43 am] joeytsa :
doesnt mean it wont turn
[09:44 am]
garyb : watching it close to get back
in
[09:44 am] joeytsa : to
short?
[09:44 am] garyb :
yes
[09:44 am] garyb : got stopped
the first time
[09:45 am] joeytsa :
fighting a pretty strong trend at the
moment
[09:45 am] Brent : I need to go
check on the siding crew wailing on my
house. tightening stop to 24.62 on
WBMD, brb
[09:45 am] shark :
ok
[09:45 am] Ed : cool
[09:45 am]
lisas : lol Brent
[09:45 am]
shark : LNKD broke thru to new
lod
[09:45 am] thomasohana :
SWKS
[09:46 am] shark : nice
thomas
[09:50 am] doji : So markets
now moving with the German deal
[09:50 am]
garyb : WLK breaking down
possibly
[09:51 am] joeytsa : LNKN
nice hold on that lod area
[09:53 am]
eyes : Im done goodbye
everyone
[09:53 am] joeytsa : have a
good one eyes
[09:53 am] Ed : take care
eyes
[09:53 am] qwert : goodnight
eyes
[09:53 am] lisas : bye
eyes
[09:53 am] shark : bye eyes
🙂
[09:53 am] observer : c u
eyes
[09:54 am] joeytsa : see if ES
tests 1370 res again
[09:58 am]
joeytsa : WLK really nice
[10:01 am]
go4it : Brent: is WBMD over or is
another short possible?
[10:02 am] Brent :
I stopped on WBMD go4it, I think Ed flushed
my stop. I’m not interested in it
anymore
[10:02 am] joeytsa : closing
WLK here
[10:02 am] Ed : lol that 1
share
[10:03 am] joeytsa :
haha
[10:03 am] go4it :
lol
[10:03 am] thomasohana :
FRO
[10:04 am] shark : nice thomas!
😉
[10:04 am] joeytsa : SODA hitting
res
[10:04 am] observer : great eye,
thomas
[10:05 am] thomasohana : thx
guys =)
[10:08 am] joeytsa : watch
WLK to see if 62 holds
[10:14 am]
murano : BCPC
[10:15 am]
joeytsa : thx murano
[10:17 am]
rusty : BVSN dip
[10:19 am]
murano : WDC
[10:19 am] mikewd2 -:
Western Digital moves lower on speculation of
EC challenges to the Hitachi dealShares of
Western Digital
[10:20 am] joeytsa :
thx Ed, mike
[10:20 am] murano :
Thanks Mike
[10:24 am] pow : watch
stx
[10:29 am] joeytsa : i think
this market needs a little more cowbell
🙂
[10:29 am] lightning :
lol
[10:30 am] joeytsa : talk about
doldrums
[10:32 am] joeytsa : DECK
dropped $1 past 15 minutes
[10:34 am]
joeytsa : to late for me to short,
maybe on a move below 76.30, give is $1+
potential
[10:43 am] garyb : wdc
breaking down
[10:49 am] rusty : AZO
all time high
[10:50 am] mikewd2 -:
Dendreon unlikely to post profit until 2015
at earliest, says Brean Murray
[10:50 am]
sfarrill : CQP
[10:56 am]
mhaus : at break even
[10:56 am]
mhaus : sorry wrong screen
[11:04
am] garyb : WDC possible
bounce
[11:07 am] observer :
CAVM
[11:10 am] ronfrac : cavm news
on newNITROX adapter
[11:18 am]
mrpolo : I am finally back. Missed 2/3
of the day.
[11:18 am] doji : I
missed almost the whole day
mrpolo….
[11:18 am] rusty : Greek
Five-Year CDS Hit An All-Time High
[11:19
am] garyb : CAVM looks toppy
[11:19
am] mrpolo : At least we couldn’t lose
any money, doji.
[11:20 am] doji : I
just made two trades….not a big thing but
at least a drop in the buck
[11:20 am]
mrpolo : A little alwsays helps,
doji.
[11:20 am] doji :
yeap…
[11:21 am] doji : CAV at
R3
[11:23 am] joeytsa : nice
doji
[11:24 am] joeytsa : watching
CF @ prev hi support
[11:26 am]
joeytsa : nice call on CAVM
[11:28
am] observer : thx, joey
[11:28 am]
garyb : you in CAVM Joey
short?
[11:29 am] joeytsa :
no
[11:30 am] joeytsa : are you
gary?
[11:31 am] garyb : Not
anymore…..saw it starting to drop so I was
in with a tight stop…still seems
strong
[11:31 am] joeytsa : i would
need a really good reason to try to short
that
[11:31 am] joeytsa : busted
thru 7 res levels so far
[11:31 am]
garyb : yea I see
[11:31 am]
joeytsa : took out fridays trading
range
[11:31 am] joeytsa : i dont
play “frogger” usually
[11:32 am]
joeytsa : if support breaks, then its
fair game though
[11:32 am] garyb :
yea
[11:33 am] joeytsa : might have
some res @ 40
[11:33 am] joeytsa :
hastn been this high since july
[11:35 am]
mrpolo : I would be looking to go long
CAVM on a pull back
[11:35 am]
mrpolo : CAVM strong
[11:35 am]
rusty :
http://www.nypost.com/p/news/local/watch_mich
ael_douglas_makes_insider_pDdnjoA2fYyd8LpFe5L
1xM
[11:36 am] thomasohana :
CTRP
[11:36 am] joeytsa : yeah,
might be a touch extended..but until it
cracks its not a short yet
[11:36 am]
mrpolo : That’s right joey
[11:36
am] joeytsa : might get some decent
money when it does though
[11:37 am]
mrpolo : That’s why I would wait for a
pull back first.
[11:37 am] mrpolo :
Less risk
[11:37 am] joeytsa : yeah,
i liked the pullback a few minutes
back
[11:37 am] joeytsa : held the
15ma
[11:38 am] joeytsa : trends
dont change because you think..its because
they do
[11:38 am] joeytsa : this
last run on neg div
[11:39 am]
mrpolo : Yep.
[11:40 am]
joeytsa : to me, trying to short
something like that ‘just because’, is like
the guys who come here to vegas…
[11:40
am] ronfrac : Closing down. Bad
mistake. Try again tomorrow
[11:40 am]
joeytsa : try to make a buck bucking
the trend while doubling up
[11:40 am]
mrpolo : That what I learned over the
past 1.5 years. To limit my risk more than I
did before.
[11:41 am] joeytsa :
most important thing mrpolo
[11:41 am]
mrpolo : Yes.
[11:41 am]
joeytsa : you should see all the
knuckleheads here in vegas doubling up when
they see 4 reds on roulette, or 5 dont passes
on crap
[11:42 am] rusty : you
calling Brent a knucklehead?
[11:42
am] joeytsa : only if thats how he
plays 🙂
[11:42 am] mrpolo :
Risk is the same with each roll of the
dice.
[11:42 am] Brent : I only wait for 3
reds
[11:42 am] joeytsa : you can
get away with that style for a little
bit
[11:42 am] rusty : not if the
dice are crooked
[11:43 am] joeytsa
: if there were no such things as “table
limits” and unlimited bankroll…then that
strategy would work…but even after 5 losses
you are betting a bunch just to make 1
chip
[11:43 am] rusty : Martingale
strategy
[11:43 am] rusty : works if
you have unlimited funds
[11:43 am]
joeytsa : yeah..all crap
[11:43 am]
rusty : lol
[11:43 am] joeytsa
: exactly
[11:44 am] mrpolo : I had
a cousin who went to Vegas with a blackjack
system that said double down with each loss.
He came back broke.
[11:44 am] rusty
: good strategy for those with money printing
machine
[11:44 am] joeytsa : been
gambling all my life
[11:44 am]
rusty : hmm like Geithner
[11:44 am]
joeytsa : table limits get most people
before bankroll loss
[11:45 am]
rusty : sure and/or Visa card
limit
[11:45 am] joeytsa : gambling
and stocks money management are
parallel
[11:46 am] joeytsa : Mitch
says put the odds on your side
[11:46 am]
mrpolo : After all this talk, CAVM is
looking a little toppy, but I still would not
short it.
[11:46 am] joeytsa :
rusty: i have studied every money management
plan for vegas games..and only 1 has a
fighting chance..but only if you make smart
selections
[11:47 am] mrpolo :
Watch, I will be wrong.
[11:47 am]
garyb : true mrpolo…..I started
salavating at a couple of red
candles
[11:47 am] joeytsa : BIDU in
tight range
[11:47 am] mrpolo : May
prove us wrong gary.
[11:48 am]
garyb : I have been tricked into it
already twice…..3 times might be the
charm…but maybe not, it’s pretty
strong
[11:49 am] mrpolo : If it
breaks 38.10, will probably fall
further.
[11:50 am] joeytsa : yeah
mrpolo, im looking below 38 if
anything
[11:50 am] joeytsa : unless
this push higher fails
[11:50 am]
mrpolo : May fail, joey?
[11:51 am]
joeytsa : DECK triggered and stopped me
at be..oh well
[11:51 am] joeytsa :
it broke thru 15ma, retest of that i
mean
[11:52 am] mrpolo : Volume on
CAVM starting to dry up
[11:52 am]
joeytsa : still thinking it want
higher
[11:52 am] garyb : looks like
it may bounce
[11:53 am] shark : see
how it rides the 50min ma
[11:53 am]
shark : looks a lot like LNKD
today
[11:53 am] joeytsa : theres my
man comin to save the day with the
50ma
[11:53 am] shark :
lol
[11:54 am] joeytsa : im flying
blind at these altitudes 🙂
[11:54 am]
shark : haha
[11:55 am] shark
: S1 76.30 DECK -just above
[11:55 am]
shark : buy vol better than LNKD on its
bounce
[11:55 am] mrpolo : Breaking
down?
[11:55 am] joeytsa : really
glad i had PRGO on my pre-market
list…
[11:55 am] joeytsa : wheres
that slap hand
[11:56 am] shark : ha
;0
[11:56 am] shark : I’m waiting
for slap hand 2
[11:56 am] joeytsa :
missed 3 points on that one..not that i would
have grabbed 3
[11:58 am] shark :
AAPL sweet off the bottom today
+$10
[11:58 am] shark : lookin’
great on those cheap weeklys
[11:58 am]
shark : no need to risk $500ish on one
co.
[11:59 am] joeytsa : makes
sense
[12:00 pm] shark : AAPL 545
weekly call was $.50 now 1.61 guys!
😉
[12:01 pm] khall : that’s a great
return!
[12:01 pm] joeytsa : nice
going
[12:02 pm] shark : AAPL’s been
giving that every week now since
earnings
[12:03 pm] joeytsa : REGN
near hod
[12:03 pm] doji : BAC broke
8
[12:03 pm] doji : FSLR at
36
[12:04 pm] mrpolo :
fslr
[12:04 pm] mrpolo : Wrong
screen.
[12:04 pm] joeytsa : oops
mrpolo…
[12:05 pm] joeytsa :
somewhere theres a boob with a ticker symbol
on it 🙂
[12:05 pm] doji : Markets
rallying now
[12:05 pm] mrpolo :
Looks like we were wrong with CAVM. The
decreasing volume I believe told the
story.
[12:06 pm] joeytsa : i left
it alone even with the loss of $38
level
[12:06 pm] garyb : yeh…that
was a loser for me too…a little more the
$38 buck though
[12:06 pm] mrpolo :
Yep.
[12:07 pm] joeytsa : im still
waiting for another buy setup
[12:07 pm]
garyb : looks like that’s
soon
[12:07 pm] doji : Fed releases
bank plans to fix mortgage
servicing
[12:07 pm] mrpolo : May
still come joey
[12:07 pm] joeytsa :
same with PRGO
[12:07 pm] joeytsa :
but things seem a bit slow to me
[12:07
pm] doji : R# acting as support for
CAVM
[12:08 pm] doji : R3
[12:08
pm] mrpolo : Yes.
[12:08 pm]
joeytsa : thx doji
[12:08 pm]
doji : SPY hit 52-week high
[12:10
pm] doji : 3 years high
[12:10 pm]
doji : CAVM ready?
[12:11 pm]
mrpolo : Not sure.
[12:11 pm]
shark : CMG -LULU hod
[12:11 pm]
joeytsa : needs to push above 38
now..
[12:11 pm] joeytsa : at most i
would use a 40cent target
[12:12 pm]
joeytsa : give yourself 3or4:1
r/r
[12:12 pm] lightning : CAVM
looks like a weak boun e
[12:12 pm]
lightning : bounce
[12:13 pm]
joeytsa : yeah, a bit huh
[12:13 pm]
mrpolo : My guess is CAVM breks down
further, bounce was very weak.
[12:14 pm]
joeytsa : yeah 38 is big res
now
[12:14 pm] rusty : Dow going to
20k this year – Altucher
[12:14 pm]
shark : gesundheit
[12:14 pm]
lightning : I am short
Altucher
[12:14 pm] garyb : lol
rusty
[12:14 pm] joeytsa : watching
PRGO on break above 98
[12:14 pm]
doji : Altucher is an idiot
[12:15
pm] joeytsa : did he give reasons for
20k?
[12:15 pm] garyb : I hear 8000
from others
[12:15 pm] rusty :
http://t.co/mTEDBOtv
[12:15 pm]
joeytsa : so far i have heard a range
from 3500 to 30K
[12:16 pm] garyb :
lol joey
[12:16 pm] joeytsa :
seriously
[12:16 pm] rusty :
Altucher said same thing last year I
believe
[12:16 pm] khall : all just
guesses
[12:16 pm] joeytsa : makes a
nice trading range as i see it
[12:17 pm]
khall : 🙂
[12:18 pm] mrpolo
: CAVM dying
[12:19 pm] mrpolo :
Joey, Doji. Woulda, coulda,
shoulda.
[12:19 pm] shark :
afternoon pull back
[12:20 pm]
joeytsa : well it lost that 38 level i
was looking for, just decided not to take
it
[12:20 pm] joeytsa : watcing
NFLX
[12:21 pm] mrpolo : I used
38.10 and I didn’t do it either.
[12:21
pm] joeytsa : i didnt like 38.10 just
because of the round number @ 38
[12:21
pm] rusty : Altucher comments from last
year
http://www.marketwatch.com/story/next-stop-do
w-20000-2011-06-02?dist=beforebell
[12:21
pm] joeytsa : i still think it makes
another run
[12:22 pm] rusty : said
same thing last year
[12:22 pm]
mrpolo : I was using it because of the
first top from the long run.
[12:22 pm]
joeytsa : one year he will get it
right…
[12:22 pm] joeytsa : harry
dent was the guy who called for dow
3500
[12:22 pm] joeytsa : made a
good argument..but predictions dont make me
$$
[12:23 pm] lightning : those
predictions made him money…that’s what it’s
about
[12:23 pm] rusty : Highest
target gets the most press
[12:23 pm]
lightning : AAPL dropping
hard
[12:23 pm] joeytsa : now if
CAVM loses it here there might be a nice
fall..setting alerts both ways
[12:24 pm]
joeytsa : markets just got a bit
weak
[12:25 pm] rusty : Altucher
topped the market?
[12:26 pm]
joeytsa : haha
[12:26 pm]
lightning : SODA
[12:26 pm]
shark : PCLN after hours
reminder
[12:26 pm] joeytsa :
yep
[12:27 pm] shark : straddles
suggesting $42 to breakeven -PCLN
[12:27
pm] joeytsa : big #
[12:28 pm]
shark : yeahhh
[12:28 pm]
joeytsa : PCLN might make a big move
though
[12:28 pm] shark :
historically, I guess it does
[12:28 pm]
joeytsa : not far off altime
high??
[12:29 pm] shark : a $42 move
would put it back to the recent 9month break
out
[12:29 pm] shark : AT all time
high
[12:29 pm] joeytsa : had a nice
run into earnings though
[12:30 pm]
shark : ha….yeah
[12:30 pm]
joeytsa : you should be able to play it
tomorrow a couple times
[12:30 pm]
observer : CAVM showing a little
life
[12:31 pm] mrpolo : Bounces
have been weak last cuple of trys,
obs
[12:31 pm] joeytsa : AMZN hit an
intraday triple top
[12:31 pm] shark
: wonder if you an read a CEO’s poker face on
day of earnings
[12:31 pm] shark :
maybe i should go hang out at some CEO
hangouts on earnings day
[12:31 pm]
observer : oh, I know, mr p
[12:31
pm] shark : do some reconaissance
work
[12:31 pm] joeytsa :
🙂
[12:32 pm] observer : It looks
like this may be just another gutless
bounce
[12:32 pm] shark : reading
faces -is that legal?
[12:32 pm]
joeytsa : just read the money
flow
[12:32 pm] rusty : Duncan
NeedAnotherHour CNBC
[12:33 pm]
shark : PCLN resistance at $625.50 =
2000 intraday high
[12:33 pm] mrpolo
: MAy be bottoming observer, but now late in
day.
[12:34 pm] joeytsa : ahh, i
didnt go that far back
[12:34 pm]
observer : yes
[12:34 pm]
joeytsa : thanks
[12:34 pm]
joeytsa : PRGO might try a
run??
[12:35 pm] mrpolo : REGN at
hod, again.
[12:35 pm] mrpolo : May
be breaking out
[12:36 pm] shark :
PCLN -the co stated on last quarter’s
earnings call that it expected to see a
slowdown in revenue growth moving
forward.
[12:37 pm] shark : LNKD
-very nice bounce off bottom if any of you
caught that with me
[12:38 pm] rusty
:
http://blog.themistrading.com/an-open-letter-
to-the-cfos-of-thermo-fisher-and-pall-corp-on
-why-their-stocks-flash-crashed/
[12:39
pm] doji : Did you post it
Sharky?
[12:40 pm] shark :
yup
[12:40 pm] shark : was watching
as bottom formed -made comments
[12:40 pm]
mrpolo : Observer, you were right that
was the bottom on CAVM.
[12:41 pm]
garyb : good observation
observer!
[12:41 pm] mrpolo : No pun
intended, gary?
[12:41 pm] garyb :
😉
[12:42 pm] observer : It likes to
play possum. I actually had traded this stock
earlier at an avg. of 36.85
[12:42
pm] observer : I was actually long
sinced just before 10.)) pst
[12:43 pm]
observer : nearly got stopped when it
decided to run
[12:43 pm]
thomasohana : nice observer
[12:43
pm] mrpolo : Good job,
observer.
[12:43 pm] observer : thx,
Raelyn
[12:44 pm] observer : thx,
mrp
[12:45 pm] Ed : nice one on PRGO
joey
[12:45 pm] joeytsa : was
expecting more
[12:45 pm] joeytsa :
take what you can
[12:46 pm] joeytsa
: had a few teaser stocks today
[12:47 pm]
doji : DNDN
[12:48 pm] shark :
yeah, nice one DNDN -doji
[12:50 pm]
shark : MGM alert
[12:50 pm]
shark : MGM alert
[12:50 pm] mikewd2
-: nice bounce in VXX
[12:51 pm]
doji :
Nooooooooooooooooooooooooooooooo
[12:51
pm] shark : BRENT- can you put up PCLN
chart for after hours?
[12:51 pm]
garyb : Yeh Mike..I bought a ton of
UVXY at 5.50…nice
[12:51 pm] shark
: Thank you!
[12:52 pm] mikewd2 -: wow,
nice garyb
[12:52 pm] observer :
nice, Gary
[12:52 pm] garyb : I may
hold it overnight…was over 6
today
[12:53 pm] observer : Taking a
bit of CAVM home, myself
[12:54 pm]
garyb : that’s great Art!
Congrats! I tried to short it a few
times and got frustrated…I guess I should
have been more patient
[12:54 pm]
mrpolo : I think it will be a good
move, observer.
[12:54 pm] shark :
DECK new lod
[12:54 pm] observer :
thx, Gary. I was watching.
[12:54
pm] shark : hey…keep the market open
another hour
[12:55 pm] shark : lots
goin’ on today
[12:55 pm] observer :
Got my fingers crossed, mrp, thx
[12:55
pm] garyb : I agree shark! Got a
little fixing to do over here!
lol
[12:58 pm] joeytsa : dow
fighting to hold 13k
[12:58 pm]
garyb : yeh…gonna hold UVXY
…..showing a bullish pattern into
tomorrow…closing green
[12:58 pm]
mrpolo : Goodnite everyone. See you
tomorrow.
[12:59 pm] observer : gn,
mrp take it easy
[12:59 pm] mikewd2 -:
good luck garyb, i have VXX
[12:59 pm]
joeytsa : bye mrp
[12:59 pm]
garyb : Good luck to you too
Mike!
[12:59 pm] mrpolo : Bye
guys.
[12:59 pm] Ed : c ya
mrpolo
[12:59 pm] observer : good
luck, Gary, it looks like it should do
ok
[12:59 pm] mikewd2 -: also am long on
ZSL at 9.10
[12:59 pm] shark : I
don
[12:59 pm] mrpolo : Bye
Ed.
[01:00 pm] lisas : by
Mrpolo
[01:00 pm] shark : bye all
1/2 day traders 😉 great job
[01:00 pm]
garyb : well….Art I think with gass
prices going up so drastically it would make
sense
[01:00 pm] mrpolo : Bye
lisa.
[01:00 pm] klas :
Later
[01:00 pm] observer : the way
silver is closing, it looks good,
mike
[01:00 pm] lisas : Ed Rusty,
just reading the flash crash article, thanks
for posting
[01:00 pm] joeytsa :
PCLN whisper is 5.31, consensus is
5.05
[01:00 pm] qwert : good night
everybody
[01:00 pm] joeytsa :
should come out soon
[01:00 pm]
joeytsa : bye Ed
[01:01 pm]
joeytsa : gn Brent
[01:01 pm]
khall : gn
[01:02 pm] observer
: gn Mitch, Brent, all traders A good
evening to all
[01:02 pm] mikewd2 -: PCLN,
just jumped 15 point
[01:02 pm]
shark : there she goes
[01:02 pm]
observer : wow
[01:02 pm]
joeytsa : knew it would be
big
[01:02 pm] rusty : good night to
all the good traders
[01:02 pm]
joeytsa : just didnt know
direction
[01:02 pm] shark : up
$18.50
[01:02 pm] mikewd2 -: short it
joey, haha
[01:03 pm] joeytsa : i
dont play ah
[01:03 pm] joeytsa : $4
spread haha
[01:03 pm] shark : from
$18.46 to just $9
[01:03 pm] shark :
WOW!
[01:03 pm] mikewd2 -: gave back 12
quickly
[01:03 pm] joeytsa : i will
wait until tomorrow
[01:04 pm] shark
: Priceline.com prelim $5.37 vs $5.04 Capital
IQ Consensus Estimate; revs $991 mln vs
$968.31 mln Capital IQ Consensus
Estimate
[01:04 pm] shark : That is
very good
[01:04 pm] joeytsa : wait
till tomorrow
[01:04 pm] shark :
BEAT well
[01:04 pm] joeytsa : when
all the sheep start sending orders
in
[01:04 pm] shark : how does it
take me extra 1 min to get that
info?
[01:04 pm] shark :
ugh
[01:04 pm] shark : would have
bought on that pullback
[01:05 pm]
joeytsa : if this was during
hours..yeah
[01:05 pm] shark : why
not after hours?
[01:05 pm] shark :
same buttons on my platform
[01:05 pm]
joeytsa : i dont like to play
ah
[01:05 pm] mikewd2 -: 3 trades 2 long 1
short could have yielded about 40
points
[01:05 pm] shark : could
have?
[01:05 pm] mikewd2 -: i’m not going
to touch this one
[01:05 pm] Brent : or 40
points in losses if your timing was
off
[01:05 pm] mikewd2 -: yep
[01:05
pm] joeytsa : there is enough
money at the open to make
[01:05 pm]
shark : up $25 PCLN
[01:06 pm]
joeytsa : no need to play wild bill
hickok
[01:06 pm] shark : we are all
cowboys
[01:06 pm] mikewd2 -: i hear you
joey, fun to watch though
[01:06 pm]
shark : just have to work our target
practice skills
[01:06 pm] joeytsa :
should get a decent pullback off the
open..
[01:06 pm] shark :
which?
[01:06 pm] shark :
PCLN
[01:06 pm] shark : ?
[01:06
pm] joeytsa : yeah
[01:07 pm]
shark : LIKE CRM 😉 ?
[01:07
pm] khall : are you actually going to
wait for open if it starts dropping
tho?
[01:07 pm] shark :
yeah….
[01:07 pm] joeytsa : if it
starts dropping a few minutes b4, then you
can probably get in
[01:07 pm] garyb
: Anyone going to short it AH?
[01:07 pm]
khall : my nads are not big enough to
do that
[01:07 pm] shark : look at
CRM on Fri chart khall
[01:07 pm]
joeytsa : after the drop, just might
get a real nice followthru up move
[01:07
pm] shark : we were buying off bottom
of pullback
[01:08 pm] joeytsa : CRM
on friday started to pullback
pre-market
[01:08 pm] khall : I
shorted pre market on Fri and rode it both
ways
[01:08 pm] joeytsa : after
topping near 148…fell right to
140
[01:08 pm] shark : lighter
volume after hours askews the #’s
[01:08
pm] mrpolo : Came back to see PCLN,
holy sh_-., big moves.
[01:08 pm]
shark : hahaha lol
[01:08 pm]
mikewd2 -: short at 620 might not be a bad
gamble
[01:08 pm] shark : only up
4.3%
[01:09 pm] joeytsa : wouldnt
surprise me to see another 20pts
higher
[01:09 pm] shark : the $25.45
makes it seem like more
[01:09 pm]
shark : that’s what options are
reflecting joey
[01:09 pm] shark :
could get there by fri
[01:09 pm]
mrpolo : Ya, but $600 stock.
[01:09
pm] shark : depending on conference
call
[01:09 pm] shark : serious
player as this price level mrp
[01:09 pm]
joeytsa : probably hit 630 easily by
morning
[01:09 pm] shark : you set
up and have some experience with options
mrp?
[01:10 pm] mrpolo : Unless
using options, but I am sure the premuims are
huge, shark.
[01:10 pm] shark : they
will suck out the air out of them when it
opens tomorrow
[01:10 pm] joeytsa :
its these type moves that got me going into
gaps orginally
[01:10 pm] shark : as
the news is getting out
[01:10 pm]
lisas : bye all, interesting
day!
[01:11 pm] joeytsa : bye lisa
lisa
[01:11 pm] shark : you can also
sell options when premiums are high
[01:11
pm] mrpolo : I used to trade a ton of
options in the 1990’s. Traded 400 to 500
times a year.
[01:11 pm] shark :
take in the premium
[01:11 pm] shark
: that’s barely 2x/trading day
[01:11 pm]
shark : bye lisa
[01:11 pm]
mrpolo : I write covered calls now
shark, but don’t trade many
options.
[01:11 pm] shark : oh…
🙁
[01:12 pm] joeytsa : cc’s are
great for IRA’s, esp in bull
markets
[01:12 pm] joeytsa : same
with bull put spreads
[01:12 pm]
joeytsa : just limits profits
[01:12
pm] khall : gotta run guys – get my
workout in – see you tomorrow am
[01:12
pm] shark : cc’s can zap your positions
in bull markets
[01:12 pm] joeytsa :
bye khall…rest day for me 🙂
[01:12 pm]
shark : nice one, khall 🙂
[01:12
pm] khall : lucky you
[01:13 pm]
mrpolo : True on number shark, but you
have to remember their were no weekly options
and to trade twice a day was about my average
with working full time.
[01:13 pm]
joeytsa : thats what i look for
shark
[01:13 pm] shark : WHOA, catch
that spike down on PCLN, joey?
[01:13 pm]
joeytsa : bad tick??
[01:13 pm]
shark : went back to closing
price
[01:13 pm] shark : now up
$29.46
[01:13 pm] shark :
4.98%
[01:13 pm] shark : you
think?
[01:13 pm] shark : PE
31
[01:13 pm] mikewd2 -: getting time to
short
[01:14 pm] joeytsa : here
comes 630
[01:14 pm] shark : 29.4 B
market cap
[01:14 pm] joeytsa :
might even get to 640 🙂
[01:14 pm]
shark : maybe 1 client misread and sold
out at the close price
[01:14 pm]
shark : CNBC PCLN now
[01:15 pm]
mikewd2 -: 5.37 versus 5.05
[01:15 pm]
shark : 😉
[01:15 pm] joeytsa
: they knew that though
[01:15 pm]
shark : probably be a buyable gap up on
heavy vol tomorrow
[01:15 pm] shark
: can use the low as a stop
[01:15 pm]
joeytsa : whisper was 5.31
[01:15
pm] shark : for a swing
position
[01:16 pm] joeytsa : should
be a nice pullback though
[01:16 pm]
shark : another pullback joey
[01:16
pm] shark : maybe i should put in a buy
order just above those low ticks
[01:16
pm] joeytsa : PCLN,ISRG,GOOG,AAPL..just
huge movers on earnings day
[01:17 pm]
shark : yeahh
[01:17 pm] shark
: okay, I put in an order at $595
[01:18
pm] joeytsa : if you dont get filled
before open, maybe just after
haha
[01:18 pm] shark : I’ll cancel
it if I have to walk away from my
computer
[01:18 pm] mrpolo :
Shorting a 1000 shares of PCLN now….. Just
kidding!!!!
[01:19 pm] shark : I
would think there are a lot of buyers between
my $595 and the current price
[01:20 pm]
joeytsa : i just shut down my
lightspeed, othewise i would look
[01:20
pm] shark : you’d be up $1 on your
short now, mrp
[01:20 pm] shark :
haha
[01:20 pm] shark : wouldn’t
advise it, though
[01:21 pm] shark :
JAZZ .08 beat/share
[01:21 pm]
mrpolo : I don’t have that kind of
guts, shark.
[01:21 pm] shark :
83.5M vs 80.86 consensuous
[01:21 pm]
joeytsa : after PCLN its more
like JAZZZZZZ
[01:21 pm] shark
: they should play jazz on their
website
[01:21 pm] joeytsa :
🙂
[01:21 pm] mrpolo : in actually,
I do think that it is topping.
[01:22 pm]
shark : have to wait for conference
call
[01:22 pm] mikewd2 -: on trade
station i didn’t get those bad
ticks
[01:22 pm] shark : expect more
swings…
[01:22 pm] mikewd2 -: hoping for
more swings shark
[01:23 pm] shark :
🙂 yeahh
[01:23 pm] mrpolo :
Probably would make money with a short here,
but would be very gutsy.
[01:23 pm]
mikewd2 -: i shorted 100 shares at
625.00
[01:23 pm] shark :
WOW!
[01:23 pm] joeytsa : not as
many buyers as i though
[01:23 pm]
joeytsa : thought
[01:23 pm] mikewd2
-: up 100 down 100 not much
action
[01:23 pm] mrpolo : Good
luck, mike. I think it will work.
[01:24
pm] joeytsa : good luck mike, are you
holding until tomorrow??
[01:24 pm]
mikewd2 -: doubt that joey
[01:24 pm]
mikewd2 -: just need that last trade for
today – haha
[01:24 pm] shark :
😉
[01:24 pm] joeytsa : smart…i
expect more upside y morning
[01:24
pm] joeytsa : by
[01:25 pm]
mrpolo : I would sell before the
conference call, it could easily go either
way then.
[01:25 pm] shark : they
won’t fill me at $595
[01:25 pm]
shark : 🙁
[01:25 pm] shark :
good point mrp
[01:26 pm] mrpolo :
See to many conference calls make a stock
move either way over the last 25
years.
[01:26 pm] joeytsa : no
recent sec flilings either
[01:26 pm]
joeytsa : so no split coming
[01:26
pm] shark :
http://ir.priceline.com/eventdetail.cfm?Event
ID=108969
[01:26 pm] shark : you can
sign in for conference call here
[01:26
pm] shark : starts in 4 min
[01:27
pm] mrpolo : As a shareholder you
ususally can.
[01:29 pm] mrpolo : If
they say anything bad, margins, revenues,
eps, then poof.
[01:29 pm] shark :
I’m on the conference call
[01:29 pm]
joeytsa : yep..thats why i never hold
thru events
[01:29 pm] shark : I
love the over reaction of events
[01:30
pm] mrpolo : So true joey.
[01:30
pm] joeytsa : you canmake a ton of cash
playing the lead up to the event,
and then the overreaction to that
event
[01:30 pm] mrpolo :
Yep.
[01:31 pm] joeytsa : gaps are
just overreactions to something
[01:31 pm]
mrpolo : In the past, the best plays
were lead ups to splits.
[01:31 pm]
mrpolo : Especially in the 1990
internet craze.
[01:31 pm] joeytsa :
yeah
[01:32 pm] shark : SINA prelim
$0.21 vs $0.22 Capital IQ Consensus Estimate;
revs $133.40 mln vs $132.06 mln Capital IQ
Consensus Estimate
[01:32 pm] shark
: PCLN new hod
[01:32 pm] shark :
vol coming back in
[01:33 pm]
joeytsa : i forgot all about SINA
haha
[01:33 pm] shark : you still in
mike?
[01:33 pm] shark : SINA sees
Q1 revs $101-104 mln vs $116.32 mln Capital
IQ Consensus Estimate
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