[06:39 am] Ed : reducing 1/2 SINA long
[06:40 am] Ed : holding last 1/4 SINA @ be
[06:40 am] Ed : reducing 1/4 SINA long
[08:31 am] Mitch K: anyone on that MDVN
short, droped 1.30 last 10 min
[06:19 am] Ed : good morning traders
[06:20 am] Brent : good morning
[06:32 am] Brent : watching GS for a short
[06:33 am] Ed : monitoring SINA for bottom
[06:35 am] Ed : watching AGN for pullback to
take lon[06:35 am] Brent : watching GMCR for
a bounce
[06:35 am] Ed : wrong screen
[06:35 am] Ed : agn[06:36 am] Brent : EXPR
spike down
[06:37 am] Brent : watching NEM for a
bounce
[06:38 am] Brent : consider reducing GMCR
[06:39 am] Ed : see if can get new hod[06:41
am] Brent : watching CTSH for a short, would
like to see more upside first
[06:41 am] Ed : watching BWA for potential
short
[06:42 am] Brent : SPY testing hod[06:42 am]
Brent : FSLR moving
[06:43 am] Mitch K: watching MW for bottom to
buy
[06:43 am] Ed : out all SINA long
[06:44 am] Mitch K: watching OC for top to
short
[06:44 am] Brent : watching HRB for a
short
[06:44 am] Mitch K: some now and some on a
rebound
[06:44 am] Mitch K: MDVN shortable,
[06:45 am] Mitch K: watching YOKU for bottom
to buy
[06:45 am] Brent : consider reducing NEM
[06:45 am] Mitch K: watching FSLR for top to
short
[06:45 am] Mitch K: watching QIHU for top to
short
[06:45 am] Mitch K: higher risk: watching
HOTT for top to short, also watching MWW for
top to short, lower priced stocks
[06:46 am] Mitch K: watching PLL for bottom
to buy, patient, take time
[06:46 am] Mitch K: watching CTXS for top to
short
[06:46 am] Mitch K: watching GMCR for top to
short, top of this bounce, let it rebound
over 61.70
[06:47 am] Mitch K: watching BKE for short
soon
[06:47 am] Mitch K: watching WSM to short
top, let it rebound, looking for 37.10+
[06:48 am] Mitch K: watching CCI for top to
short, Crown castle, worth shorting some
here, and more at higher price
[06:50 am] Mitch K: watching WHR, WHirpool
for bottom to buy
[06:50 am] Mitch K: watching GILD for top to
short
[06:50 am] Mitch K: HOTT turning over
nicely
[06:50 am] Mitch K: watching OVTI for bottom
to buy
[06:50 am] Mitch K: watching HMIN for top to
short
[06:51 am] Brent : SPY new lod[06:53 am]
Mitch K: watching SMTC for bottom to buy
[06:53 am] Ed : consider covering some BWA
short
[06:53 am] Mitch K: watching SHLD for top to
short
[06:53 am] Mitch K: quickie bounce on SODA
soon
[06:54 am] Mitch K: HMIN toppy
[06:54 am] Mitch K: consider reducing some
long in WHR
[06:54 am] Mitch K: consider covering half of
HOTT short
[06:54 am] Mitch K: consider covering half or
more of HMIN, you decide on rest
[06:55 am] Ed : trail last piece of BWA
short
[06:55 am] Ed : cover more of BWA short
[06:55 am] Mitch K: MDVN looks weak but try
to cover some near 70
[06:55 am] Mitch K: consider covering half of
OC soon
[06:56 am] Mitch K: GMCR toppy
[06:56 am] Mitch K: watching KORS for top to
short, on this rebound
[06:56 am] Mitch K: watching MW closer
[06:56 am] Mitch K: watching SBUX for top,
moves slow usually
[06:57 am] Mitch K: did i say soon on WSM
[06:57 am] Mitch K: consider covering half or
more of WSM soon, soon
[06:58 am] Mitch K: advanced trader:
watching THLD for top to short, danger
danger, high risk high reward. let it peak
out first and show signs of turning over,
like most of these, if you think it is
turning over, short half right away and short
more later on a rebound, same procedure for
all these, esp low priced ones like THLD
[06:58 am] Mitch K: watching for short in A
after a rebound, looking for 43.80++ first
[06:59 am] Mitch K: if you are new, dont work
with THLD
[06:59 am] Brent : watching A for a bounce
[07:00 am] Brent : watching FSYS for a
bounce
[07:00 am] Mitch K: WSM short over
[07:00 am] Mitch K: consider covering half of
CCI short, this is Crown Castle, not Carnival
Cruise Lines
[07:01 am] Mitch K: anyone new or old or
anybody, study the GMCR chart where you can
buy the bottom, then short to top of that
rebound. when they are down like this, the
bounces usually, high percentage of them,
these rebounds fail and turn down again. if
they moved up enough, you can short them and
make money going down too after the longs
[07:02 am] Mitch K: looking for ULTA to get
close to 89 to cover short
[07:02 am] Mitch K: make sure you copy this
chat and keep comments
[07:03 am] Mitch K: watch HRB closer for
those of you short HRB
[07:03 am] Mitch K: consider covering half or
more of BKE short
[07:04 am] Mitch K: at this price of 37.86,
JAH too low to short, need over 38
[07:04 am] Mitch K: JAH great chart pattern
for short, missed top, try to wait for
rebound first before shorting. if you
[07:05 am] Mitch K: consider more short of
HMIN again, 2nd helping short
[07:06 am] Mitch K: WHR toppying[07:06 am]
Mitch K: done with HOTT now
[07:06 am] Mitch K: this chart pattern in CM,
Canadian Imperial Bank, normally wait for
rebound to short into that rebound. low vol
though, just watching
[07:08 am] Mitch K: HRB rebounding, watching
for 2nd short helping that Brent posted
[07:08 am] Mitch K: when i say stuff like
ULTA to cover around 89, be flexible, might
not get there, just hit 89.06 though. you
are trying to judge how it acts at the end, i
mean close to target, the trading action is
more important than the price tareget[07:09
am] Mitch K: watching FEIC for top to short,
will tend to be a quick short
[07:10 am] Mitch K: likely
[07:10 am] Mitch K: MDVN another point toward
68 likjely[07:10 am] Mitch K: be patient with
FEIC, more time, hot a fast mover
[07:10 am] Mitch K: lower low on MDVN so the
“dribble theory” accurate
[07:10 am] Brent : watching MW for
abounce[07:11 am] Brent : consider reducing A
if long
[07:12 am] Mitch K: see what i mean on ULTA,
little more downside, why do i think? lower
vol[07:13 am] Mitch K: you want to be able to
manage 5 of these at once, possibly 10 if you
are really got right platform and capable,
but my personal limit is 8-9, thats about all
i can handle with these
[07:13 am] Mitch K: but dont be stubborn, you
got some profit now, ok to cover here
[07:14 am] Mitch K: area
[07:14 am] Mitch K: MDN acting like it wants
68 barea[07:14 am] Mitch K: watching ULTA for
2nd helping shortr at some point
[07:14 am] Mitch K: FEIC toppy
[07:14 am] Mitch K: your goal should be to
handle 1 at a time really well, then
eventually get to 3, Three is manageable
[07:15 am] Mitch K: more downside on JOSB
[07:15 am] Mitch K: watching JOSB for bottom,
lower vol, let it drop more, not ready yet at
50.88
[07:15 am] Mitch K: ok you guys got BKE under
control, erasing chart, need space
[07:16 am] Mitch K: HMIN 2nd helping short
soon
[07:16 am] Mitch K: watching CM still, low
vol[07:16 am] Mitch K: not excited about GILD
post i gave earlier, not coming down
[07:16 am] Brent : watching GRPN for a
bounce, would like to see more downside
first
[07:16 am] Mitch K: HRGB approaching lower
low
[07:17 am] Mitch K: WHR chart another example
of short on top of the bounce, you get the
long, then you short that of bounce. more
money is made on the long bounce, bonus money
on the short, about half the profit on the
short than the bounce, study WHR later
[07:18 am] Mitch K: start watching your SMTC
long position closer, getting close to sell
some of your long, should get to 26.60
area
[07:19 am] Mitch K: USHS turning over
[07:19 am] Mitch K: taking GILD off screen,
not interested now
[07:19 am] Mitch K: and if SMTC gets to 26.80
area, real interesting on that short on top
of bounce concept
[07:20 am] Mitch K: jsut realized i had a
typo 5 minutes ago on MDVN, not MDN
[07:21 am] Mitch K: HMIN should turn over,
looking for drop
[07:23 am] Mitch K: forget CM, too slow for
me, taking chart off screen
[07:24 am] Mitch K: now should get to 30.30
area, something like that
[07:24 am] Mitch K: lower low on HMIN short,
just what we wanted, thats important when it
breaks below previous support
[07:25 am] Mitch K: then watch for short,
really would like 26.70 area to short SMTC
[07:25 am] Mitch K: still watching SMTC for
top to sell long, then gradually for short,
consider selling SMTC long soon
[07:27 am] Mitch K: practice moving mouse and
keyboard quickly since most of ideas are
crammed in first hour
[07:29 am] Brent : SPY not helping with GRPN
bounce, consider reducing
[07:31 am] Mitch K: CCI still in dribble down
mode
[07:31 am] Mitch K: here
[07:31 am] Mitch K: watching WSM, WIlliams
SOnoma for 2nd helping short soon
[07:31 am] Mitch K: monitor MDVN for 2nd
helping short later
[07:32 am] Mitch K: I like this ULTA short
here
[07:32 am] Mitch K: ULTA 2nd helping short,
first one was good
[07:34 am] Mitch K: HRB gave 2nd helping, low
priced stocks, 15 cents is 1% on this 2nd
short, learn both directions
[07:35 am] Mitch K: now if a market is
screaming up, really strong, shorts tend not
to work as well, must focus on long side
then, charts change into a trending chart
where buy on the dip works better than shorts
but market has enough fear in it today to
work well on both sides. GOldilocks
condition, just right, longs move up and
shorts go down, both ways today
[07:36 am] Mitch K: watch MDVN closer, should
be focus chart now
[07:36 am] Mitch K: new low on CCI coming,
Crown Castle
[07:37 am] Mitch K: on a focus chart, i
reposition that chart in prime spot on
screens
[07:38 am] Mitch K: FEIC consider covering
[07:38 am] Mitch K: like i just replaced MDVN
chart over HRB chart position because HRB is
lower priority, MDVN highest priority now
[07:39 am] Mitch K: smaller positions at
first, then consider increasing size later
[07:39 am] Mitch K: consider easing into 2nd
short with MDVN
[07:39 am] Mitch K: watching PANL for top
[07:39 am] Mitch K: SMTC peaked, consider
selling all long
[07:40 am] Brent : LNKD movign[07:41 am]
Mitch K: early sell signal
[07:41 am] Mitch K: should get 72 to cover on
MDVN
[07:41 am] Mitch K: MDVN toppy, a little
toppy
[07:42 am] Mitch K: notice JOSB and MW same
sector, same chart
[07:43 am] Mitch K: consider selling MW here
39.50 area, start watching MW for short
[07:44 am] Mitch K: got sell signal in MDVN
short
[07:45 am] Mitch K: taking break, short one,
dont get leveraged, gradually ease into a
stock and try to gradually ease out
[07:47 am] Mitch K: MDVN probably got some
attention, something favorable to spike it
back up, much higher volume so wont “dribble
down” like earlier. probably CNBC or some
analyst
[07:47 am] Mitch K: probably 71.50 area
[07:47 am] Mitch K: dont cover MDVN at 72
just because earlier comment, should break
below
[07:51 am] Mitch K: consider third helping
short on MDVN soon
[08:00 am] Mitch K: more education: when
more people get involved with a stock like
MDVN did in last 25 minnutes, it tends to
prop up a stock and keep it from dropping.
Look at JOSB, lower vol, nice drop after the
bounce. JOSB doesnt have the volume or
“interest” by more people.
[08:01 am] Mitch K: also, your mindset should
be on 2nd helpings that any more money in
bucket is bonus, more than spouse money
though
[08:01 am] Mitch K: it did get to that
initial 72 target but didnt break down to
71.50 like i was suspecting, so what you do
is be flexible and cover, because was already
up $1.50 on the 2nd short.
[08:08 am] Mitch K: consider covering WSM
here on 2nd helping
[08:13 am] Mitch K: DNDN quick short
[08:13 am] Brent : SPY testing hod[08:51 am]
Brent : a little thin on JIVE
[08:51 am] Brent : JIVE moving
[09:07 am] Brent : HHC moving, thx Joey
[09:12 am] Mitch K: watching PLL for possible
short
[09:13 am] Mitch K: still more downside on
MDVN
[09:14 am] Mitch K: consider covering 2nd or
3rd helping short on ULTA
[09:15 am] Mitch K: watch ULTA for long
bounce at bottom of this drop
[09:16 am] Brent : consider reducing HHC on
this drop
[09:20 am] Brent : consider stop over 61 on
HHC
[09:20 am] Brent : 60.15 area next target on
HHC
[10:00 am] Mitch K: MDVN jusrt keeps pumping
out trades
[10:26 am] Ed : nevermind too thin
[10:26 am] Ed : watching PCP for short
[10:39 am] Ed : monitoring CNI for short,
needs more vol[11:13 am] Ed : covering all
CNI short
[11:36 am] Ed : its in the game
[11:36 am] Ed : watching EA
[11:52 am] Ed : SPY new hod[11:56 am] Ed :
Greek bond restructrng said to be at 90%
[12:10 pm] Ed : did I post PCP?
[12:14 pm] Ed : SPY new hod[12:25 pm] Ed :
out all PCP short
[12:32 pm] Ed : out all EA short
[12:56 pm] Mitch K: you guys make money
today?
[12:57 pm] Mitch K: watch THLD early
tomorrow, should be a short, multiple trades
both ways but short is interesting
[12:57 pm] Mitch K: It was fast and furious
this morning early
[12:58 pm] Mitch K: yeah you guys take
care
[01:00 pm] Brent : have a good night, see you
tomorrow to wrap up the week
[01:00 pm] Ed : have a great evening
[01:07 pm] Mitch K: GMCR dumping
[01:08 pm] Mitch K: going to be a good bounce
in GMCR aftermarket
[01:08 pm] Mitch K: id keep watching this
GMCR for a bottom
[01:08 pm] Mitch K: i mean its over
[01:08 pm] Mitch K: what a nice shor tin
ULTA
[01:09 pm] Mitch K: theres your bottom
[01:11 pm] Mitch K: going to be a second
chance to buy on GMCR
[01:18 pm] Mitch K: still no buy signal but
trying
[01:18 pm] Mitch K: bottom soon
[01:18 pm] Mitch K: anyone going to trade
GMCR? I think the opportunity is today
[01:19 pm] Mitch K: still pointing down on
indicators
[01:20 pm] Mitch K: i cant folllow[01:20 pm]
Mitch K: its trying here
[01:20 pm] Mitch K: might get a bounce in
GMCR
[01:20 pm] Mitch K: ok might get something
here
[01:21 pm] Mitch K: bye guys
[01:21 pm] Mitch K: dont get heavy, limit
orders only, not a strong trading action up ,
looks weak
[01:21 pm] Mitch K: good luck but looks liek
a bounce to 53-54 coming
[01:21 pm] Mitch K: dont rely on me, i have
to do someother stuff, now
[01:38 pm] Mitch K: i could see 44-45 as a
low today and get support
[02:10 pm] Mitch K: 53 possible for
gmcr[02:11 pm] Mitch K: no time now, takes
too much energy
[02:11 pm] Mitch K: i used to trade earnings
season all the time, for years
[02:12 pm] Mitch K: looks like over 54 now
[02:12 pm] Mitch K: got that $53
[02:12 pm] Mitch K: its easier to trade first
90 minutes of each day with many ideas, more
reliable
[02:13 pm] Mitch K: is tougher, much tougher,
higher risk higher reward
[02:13 pm] Mitch K: KLAs, really hard to
teach that,
[02:14 pm] Mitch K: and then you follow the
biggest movers that were in the morning and
get more trades throughout the day like MDVN
today
[02:14 pm] Mitch K: KLAS a lot of money is in
those scalps first 90 minutes
[02:15 pm] Mitch K: klas, just keep watching,
maybe use Ninja Traders simulator to practice
reversals
[02:16 pm] Mitch K: depends upon how much
money you are working
[02:16 pm] Mitch K: pretty easy to make
600-1000 a day first 2 hours
[02:16 pm] Mitch K: ok good, stay in sim mode
and get real good at this
[02:16 pm] Mitch K: i saw you wrote that, i
didnt understand that, how you could lose,
made clear cal to cover plus there was a
quick short for 1.50 then zoomed up higher,
then gave a $3 short, then $2 long
[02:17 pm] Mitch K: now dont do anymore
trades on GMCR shark
[02:17 pm] Mitch K: nice trade
[02:17 pm] Mitch K: you are trading with real
money now shark?
[02:17 pm] Mitch K: nice trade shark
[02:17 pm] Mitch K: where you from klas?
[02:18 pm] Mitch K: it sets you up to do
greed trade, i can tell your greed gland is
active, no no no[02:18 pm] Mitch K: dont do
that
[02:18 pm] Mitch K: no shark, bad thought,
[02:18 pm] Mitch K: and sleep early, go to
bed early and be ready, esp if you are on
west coast klas[02:18 pm] Mitch K: end the
day right, good mental state of mind for
tomorrow
[02:19 pm] Mitch K: dont touch GMCR anymore
shark, i would go for a walk now
[02:19 pm] Mitch K: klas, i dont post lessons
that much, people dont seem to be
interested
[02:20 pm] Mitch K: a favorite hobby, look at
those charts, there is money in them
[02:20 pm] Mitch K: ok later guys, i got to
study charts now
[02:20 pm] Mitch K: klas, i will try to post
some more pointers klas
|
[06:15 am] klas : Good morning
[06:16 am] joeytsa : Good morning Brent, all
traders
[06:16 am] tristangibbs : good morning
all
[06:16 am] shark : good morning everyone!
🙂
[06:16 am] eyes : Good Morning Everyone
[06:16 am] victor51 : good morning all
[06:17 am] shark : DIA SPY pulling back
pre-mkt[06:17 am] joeytsa : unemployment
claims went up, guess thats to be expected
[06:17 am] shark : what was the # joey?
[06:18 am] joeytsa : 362K, with 352
forecast
[06:18 am] joeytsa : 354K previous
[06:18 am] joeytsa : gap up:
MDVN,ARUN,CRM,SINA,AAPL
[06:19 am] joeytsa : gap down:
DNDN.MCD,WSM,FSYS
[06:19 am] joeytsa : gm Ed
[06:19 am] shark : DECK down 1%
[06:20 am] joeytsa : also have CCI on the
radar..they are replacing CEG in the
s&p500..not sure the date though
[06:20 am] shailan : good morning
[06:22 am] joeytsa : normal movers:
NFLX,GMCR,DECk should all be in play also
[06:22 am] qwert : good morning everybody
[06:22 am] joeytsa : ES range 1360-1365
overnight
[06:23 am] joeytsa : the greek thing might
cause some swings also
[06:24 am] lisas : Morning all
[06:24 am] shark : HOTT up 7% on earnings
[06:24 am] joeytsa : last i heard 60% had
approved…need 90% to avoid cds[06:24 am]
joeytsa : lisa lisa[06:24 am] lisas : joey
joey[06:24 am] shark : joey lisa[06:24 am]
skydiver : gm all
[06:24 am] lisas : Hi shark
[06:24 am] shark : 🙂
[06:25 am] aussie123 : Good morning from
Phoenix.
[06:26 am] scalpman : Good morning from
Chicago!
[06:26 am] shark : DNDN removing drug from
testing -14%
[06:26 am] joeytsa : ES down 4pts since pop
off report
[06:27 am] shark : hi aussie from Phnx[06:28
am] joeytsa : AAPL $1 spike up
[06:29 am] joeytsa : XOM might move today
[06:32 am] shark : VIX 18.07
[06:33 am] shark : DECK running lower
[06:33 am] joeytsa : GMCR looking for a
bottom
[06:33 am] joeytsa : watching SINA
[06:34 am] joeytsa : trail MCD if long
[06:34 am] shark : PCLN hitting support at
R1
[06:35 am] joeytsa : LO big up/dwon[06:35
am] joeytsa : COH decent move
[06:36 am] joeytsa : FOSL spike up
[06:37 am] joeytsa : DECK nice move up into
res area
[06:37 am] shark : yeah
[06:39 am] joeytsa : yeah Ed, esp if it
tests this support area
[06:39 am] shark : LULU over $70
[06:40 am] joeytsa : NFLX cons at s/r
area
[06:41 am] joeytsa : NAV a bit weak
[06:42 am] joeytsa : BIDU hod[06:42 am]
shark : NFLX at Pivot area
[06:42 am] joeytsa : DECK having problems
breaking above prev low/$67 area
[06:43 am] joeytsa : great on SINA
[06:43 am] shark : AWESOME ED!
[06:43 am] joeytsa : next support hold can
run it to around $77
[06:43 am] shark : Yeah, DECK watching!
[06:44 am] joeytsa : gm Mitch
[06:44 am] joeytsa : NFLX epic fail 🙂
[06:45 am] joeytsa : JOY weak today so
far
[06:45 am] shark : watching those higher
lows, higher highs on 1 min NFLX
[06:46 am] joeytsa : yeah shark..right at
prev cl
[06:48 am] joeytsa : markets turning over a
bit
[06:49 am] shark : SPY lod[06:50 am] joeytsa
: JOY still looking for a bottom..looks ugly
though
[06:51 am] shark : SPY hitting support at
R2
[06:51 am] joeytsa : LULU hod, made a nice
test on taht pullback
[06:52 am] joeytsa : SINA trying to hold
here
[06:52 am] joeytsa : MDVN pulled back nicely
off the gap up, looking to move up?
[06:53 am] skydiver : HMIN dropped fast
[06:54 am] joeytsa : PRGO trying to hold
support
[06:55 am] shark : AAPL filling gap
[06:57 am] shark : DECK new lod[06:57 am]
mhaus : Good Morning all
[07:00 am] observer : gm mhaus[07:00 am]
joeytsa : CCI moving on s&p addition
news
[07:01 am] shark : DECK new lod[07:01 am]
mhaus : gm observer
[07:01 am] rusty : FSLR hearing German CDU
party preparing a bill to postpone solar
incentive cuts until 2014
[07:02 am] mhaus : SODA
[07:03 am] shark : SPY new lod[07:03 am]
mhaus : SBUX possibaly turning too with
GMCR
[07:03 am] shark : DECK moving up thru 10,
watching 21min ma res
[07:05 am] rusty : STX new highs
[07:06 am] shark : gm rusty!
[07:06 am] joeytsa : crude heading down to
$106
[07:08 am] mhaus : MW
[07:08 am] shark : AMZN break thru R1 on
vol[07:08 am] joeytsa : COH holding its own
with market weakness
[07:08 am] joeytsa : yeah shark and prev
high
[07:09 am] joeytsa : very good point
Mitch
[07:09 am] mhaus : watching FEIC for top to
short
[07:10 am] joeytsa : BIDU with room to
fall??
[07:11 am] joeytsa : agreed Miitch , after
than $66?
[07:12 am] shark : DECK break thru 21min
res
[07:12 am] joeytsa : NFLX trying hod[07:15
am] shark : ok mitch[07:20 am] joeytsa :
COH hod 🙂
[07:21 am] joeytsa : NFLX trying again
[07:23 am] joeytsa : MDVN in a fight @
$70
[07:23 am] joeytsa : AMZN might try for
hod[07:23 am] rusty : FIO radar
[07:24 am] skydiver : love computer crash in
middle of trade
[07:24 am] joeytsa : def no fun sky
[07:24 am] rusty : love is a splendored
thin
[07:24 am] skydiver : 🙂
[07:25 am] skydiver : lol rusty 🙂
[07:26 am] joeytsa : JOY coming into big res
area
[07:27 am] shark : watching COH for poss
top
[07:27 am] lisas : ok Mitch
[07:28 am] eyes : L MW 38.57
[07:28 am] rusty : Nat gas # coming up
[07:28 am] joeytsa : you cooking again?
🙂
[07:29 am] eyes : out 1/2 38.96 MW
[07:30 am] joeytsa : nat gas -80B?
[07:31 am] scalpman : Stopped on A small
loss
[07:31 am] joeytsa : $107 res on NFLX so
far
[07:31 am] joeytsa : AMZN,SINA,BIDU all
sitting just below res
[07:31 am] rusty : no one wants nat
gas…it’s too cheap
[07:31 am] rusty : too clean
[07:32 am] rusty : too efficient
[07:32 am] rusty : = no good for America
[07:32 am] joeytsa : no kidding
[07:32 am] rusty : just wanat 100+ oil
[07:32 am] rusty : dirty, expensive and in
short supply
[07:32 am] joeytsa : crude $106.25 rigth
now
[07:33 am] joeytsa : COH trying to hold
$77
[07:33 am] rusty : everyone will want nat
gas when its double in price
[07:33 am] joeytsa : yep
[07:33 am] shark : 🙂
[07:34 am] rusty : have seen this movie
100x
[07:34 am] joeytsa : pet rock haha[07:35
am] joeytsa : its the pied piper effect
[07:35 am] mikewd2 -: MYRG
[07:35 am] rusty : monkey effect
[07:35 am] rusty : monkeyseemonkeydo[07:35
am] joeytsa : amen Mitch
[07:36 am] joeytsa : MDVN at vwap area
[07:37 am] joeytsa : tighten stop if long
MDVN
[07:38 am] shark : COH topping!
[07:38 am] rusty : OREX radar
[07:38 am] joeytsa : yeah shark..$77 big
area for COH
[07:39 am] joeytsa : MDVN running
[07:39 am] joeytsa : up $3.50 in 5
minutes
[07:39 am] shark : watching for break below
10+21min ma COH
[07:39 am] rusty : NYSE volume 150M shares,
about 9% below its three-month average;
advancers lead decliners by 1.6:1.
[07:40 am] shark : still consolidating
COH
[07:40 am] joeytsa : LNKD runing[07:40 am]
shark : Oh Man, missed LNKD
[07:40 am] joeytsa : me 2
[07:40 am] rusty : MDVN radar
[07:40 am] joeytsa : all out MDVN for now
🙂
[07:41 am] eyes : out 1/4 MW .92
[07:41 am] joeytsa : MDVN textbook play
[07:42 am] joeytsa : JOY still playing with
prev cl
[07:43 am] rusty : Big solar storm reaches
Earth; no trouble reported.
[07:43 am] rusty : CNBC Face does not match
the voice ALERT
[07:43 am] shark : except with Skydiver’s
internet connection
[07:43 am] joeytsa : yeah i saw the video of
the flare from teh sun
[07:44 am] skydiver : 🙂
[07:44 am] skydiver : finally up and running
again
[07:45 am] rusty : coverd MDVN +!
[07:45 am] shark : LNKD moving on vol[07:45
am] joeytsa : NFLX pulled back on that hod
fail
[07:45 am] totora : sell or cover or short
on mdvn[07:45 am] rusty : pick one
[07:45 am] shark : what does the chart
say?
[07:46 am] eyes : S MDVN 73.25 out 1/2 1%
[07:46 am] totora : + – + – + –
[07:46 am] skydiver : covering 1/2 on MDVN
Short
[07:47 am] shark : vol on LNKD could be
pocket pivot for swing trade
[07:47 am] skydiver : holding last 1/2 of
MDVN S
[07:47 am] tristangibbs : s 73.27, covered
1/2 1%, just covered rest at 72 on MDVN
[07:47 am] mikewd2 -: thanks MDVN short
Mitch
[07:47 am] shark : COH running higher
[07:47 am] joeytsa : shark: i blew that LNKD
one…
[07:47 am] joeytsa : gapped higher than prev
hi, tested and then took off
[07:48 am] skydiver : gotcha Mitch
[07:48 am] shark : you are not yet
forgiven
[07:48 am] joeytsa : Mitch: MDVN had a
really nice gap up
[07:48 am] joeytsa : didnt see why it gapped
though..guessing something positive?
[07:49 am] victor51 : itch,
[07:49 am] shark : buyers!
[07:49 am] shark : was researching LNKD
after hours
[07:49 am] skydiver : stopped out of MDVN S
at BE
[07:49 am] joeytsa : pullback was
typical..and so was the upmove…prefect
stock to focus on
[07:49 am] shark : LNKD =12th most used
website in the world!
[07:49 am] victor51 : Mitch, my first second
helping on WSM worked. Thanks.
[07:49 am] shark : earnings acceleration
[07:50 am] mikewd2 -: PANL
[07:50 am] joeytsa : LNKD testing $90
[07:51 am] joeytsa : MDVN needs to break $74
to run again
[07:51 am] joeytsa : crude big swing..lost
$106 earlier, now looking to push above
$107
[07:53 am] shark : LNKD thru 90 on vol[07:54
am] joeytsa : 🙂
[07:54 am] joeytsa : quick trade
there…time for a break
[07:55 am] rusty : covered MDVN +1 again
(late post)
[07:55 am] shark : AMZN new hod[07:55 am]
shark : on volume
[07:55 am] joeytsa : just saw that
[07:56 am] joeytsa : LNKD testing 91 now
[07:57 am] joeytsa : see you in 20
[07:57 am] shark : 😉
[07:58 am] skydiver : Got to go and burn up
lots of gas in the old bus today: See you
all tomorrow morning
[07:58 am] shark : bye sky
[07:58 am] Ed : c ya sky
[07:58 am] qwert : cya sky
[07:58 am] observer : c u sky
[07:58 am] skydiver : keep the profits
rolling 🙂 kb
[07:59 am] rusty : GMCR We believe today’s
call could actually be a positive for GMCR,
reiterate buy and 90 target
[07:59 am] mikewd2 -: DNDN)Dendreon shares
defended at Leerink[07:59 am] mikewd2 -: must
hold alot of shares
[08:00 am] mikewd2 -: stopped on MDVN second
short
[08:00 am] mikewd2 -: small lost
[08:01 am] lisas : gmcr[08:01 am] mikewd2 -:
MDVN hod[08:02 am] shark : nice pull back
LNKD
[08:03 am] totora : thx all gtg on
vacation….
[08:03 am] qwert : mitch was mdvn a breakout
long over 74
[08:03 am] mikewd2 -: got of OC long too
soon
[08:03 am] shark : nice totora!
[08:03 am] shark : have great time! 😉
[08:04 am] Ed : have fun totora[08:04 am] Ed
: sina[08:04 am] Ed : wrong screen
[08:04 am] observer : have a good time
totora[08:06 am] shark : check BIDU while
you are at it, Ed!
[08:06 am] shark : DECK still strong off
bottom
[08:07 am] Ed : thx shark
[08:07 am] shark : holding 10min ma
[08:08 am] rusty : ZLTQ radar based on daily
chart
[08:08 am] shark : bottom in DECK coincided
with highest 1 min RED candle on the day
[08:10 am] mikewd2 -: Dendreon shares
defended “again” at Deutsche Bank
[08:10 am] rusty : MDVN nhod[08:12 am] shark
: SPY testing hod[08:13 am] joeytsa : MDVN
has been a beauty
[08:13 am] qwert : watching CTXS see what
happens 76 area
[08:13 am] joeytsa : COH testing $78
support
[08:14 am] shark : watching COH 😉
[08:15 am] shark : see if we can get it to
break the 10+21min on vol[08:15 am] joeytsa
: COH run up on neg div, but been strong
[08:16 am] shark : AMZN break higher
[08:16 am] joeytsa : should get to 187
[08:17 am] rusty : MYL radar
[08:17 am] rusty : possible generic Viagra
approval
[08:17 am] joeytsa : MDVN is my main focus
rigth now though
[08:17 am] rusty : SILDENAFIL CITRATE(NDA #
201171) 000 SILDENAFIL CITRATE MYLAN PHARMA
Tentative Approval 03/07/2012
[08:17 am] joeytsa : milk this cow dry 🙂
[08:19 am] joeytsa : mike: you here?
[08:19 am] mikewd2 -: yep
[08:19 am] joeytsa : i like days like today
MUCH more than my mon/tues..how about you?
[08:20 am] mikewd2 -: oh yeah
[08:20 am] joeytsa : DECK on a nice run
[08:20 am] eyes : out last 1/4 39.53 WM
[08:20 am] rusty : ACHN radar
[08:20 am] shark : DECK great!
[08:20 am] joeytsa : good to hear mike
[08:20 am] mikewd2 -: making good money on
FST and WFT trades today
[08:20 am] shark : Ugh Sheep cooperating
with prices
[08:20 am] joeytsa : MDVN ready to test $76
again
[08:20 am] joeytsa : thats all you need
shark
[08:20 am] mikewd2 -: also caught 0.75 on
DNDN long
[08:21 am] mikewd2 -: i like negative news –
haha[08:22 am] joeytsa : i saw DNDN
earlier..decided not to play
[08:22 am] mikewd2 -: very dangerous
[08:22 am] mikewd2 -: must be in gunslinger
club to trade
[08:22 am] joeytsa : too many other
movers
[08:22 am] joeytsa : haha[08:23 am] joeytsa
: NAV spike up
[08:23 am] shark : COH s 77.95
[08:24 am] joeytsa : keep stop tight..but
should work out
[08:24 am] shark : watching for pullback
confirmation in other stocks
[08:24 am] klas : Shark COH thanks
[08:25 am] shark : has to break 50min ma
COH
[08:25 am] joeytsa : been very strong
today
[08:26 am] joeytsa : lost the 15ma though
[08:26 am] shark : see how it reacts at the
50/15min juncture
[08:27 am] shark : LULU same toppy
pattern
[08:27 am] shark : SPY too
[08:27 am] shark : PCLN nice pullback
[08:27 am] Ed : using a 5min can help spot
the top as well fyi[08:28 am] joeytsa : thx
for the reminder Ed..i get way too locked in
on the 1min
[08:28 am] joeytsa : just takes me 20
minutes to change all 57 monitors over to
5min 🙂
[08:29 am] Ed : I glance at the 5min for
trenders like COH, LULU
[08:29 am] Ed : to spot the tops
[08:29 am] joeytsa : 5min is great for
longer trade
[08:29 am] shark : thx, ED 🙂
[08:29 am] qwert : thx ed[08:29 am] klas :
Thanks ED
[08:29 am] shark : just got to make some
more room for 15 more monitors.
[08:29 am] Ed : u lost count thought u had 67
monitors
[08:29 am] shark : oh yeah 😉
[08:29 am] joeytsa : haha…sometimes though
i feel like waiting for a 5min candle seems
like an eternity
[08:30 am] joeytsa : MDVN coming into $75
support area
[08:30 am] Ed : keep 1 eye on 5min the other
on 1min or whichever u trade off
[08:31 am] joeytsa : i try to ..sounds great
in theory, i have troubles putting it into
practive[08:31 am] joeytsa : practice
[08:31 am] shark : like a good pilot: keep
scanning
[08:32 am] joeytsa : i got in late Mitch
[08:32 am] scalpman : MDVN S @ 75.50
[08:32 am] Ed : ur right, take practice
[08:33 am] shark : DECK closing in on
Pivot
[08:33 am] lisas : Thanks for the tips Ed
[08:33 am] joeytsa : i looked for the fail
confirmation..so later entry
[08:33 am] joeytsa : NFLX coming into prev
cl supprt[08:34 am] joeytsa : im more
conservative during this timerame[08:34 am]
Ed : and since ur going agains overall trend
stock/spy dont look for home run
[08:34 am] joeytsa : great point
[08:35 am] joeytsa : my entry came as the ES
took a slight step down from res
[08:36 am] shark : .
[08:36 am] joeytsa : COH testing $78
again
[08:37 am] shark : DECK thru Pivot
[08:38 am] scalpman : Holding 1/4 MDVN
[08:38 am] joeytsa : DECK test of $70..next
move up takes it to $72?
[08:38 am] joeytsa : kind of extended on teh
day though
[08:39 am] joeytsa : LNCK @ 90, lower highs
recently
[08:39 am] shark : some res at 70.40 DECK
[08:39 am] joeytsa : LNKD
[08:39 am] joeytsa : not LNCK
[08:43 am] shark : all out DECK +3.20ish
[08:44 am] joeytsa : ka ching $ $
[08:44 am] klas : Nice shark
[08:44 am] qwert : awesome shark
[08:45 am] pow : watching mcp[08:46 am]
scalpman : Also OC S @ 33.09
[08:46 am] scalpman : All out MDVN
[08:46 am] shark : time to short DECK with
Pivot as stop
[08:47 am] shark : watching…
[08:47 am] joeytsa : decent r/r potential
esp if DECK loses $69
[08:51 am] shark : SPY testing hod[08:52 am]
scalpman : out 1/2 OC S
[08:54 am] joeytsa : shark: caution on that
COH short at the moment
[08:54 am] rusty : covered MDVN third
time
[08:54 am] shark : closed COH 78.13
[08:54 am] shark : thx
[08:55 am] joeytsa : yeah too strong
[08:55 am] shark : yeah
[08:55 am] joeytsa : the ES keeps banging
head on res on lower indi readings
[08:56 am] shark : DECK pivot was awesome
for top
[08:56 am] shark : see if stock will retest
area
[08:56 am] joeytsa : DECK running right back
there
[08:57 am] joeytsa : COH test/hold would be
bullish
[09:01 am] scalpman : Time to go…great day
to day…this is more typical.
[09:02 am] Brent : see you tomorrow Scalp
[09:02 am] Ed : c ya scalp
[09:02 am] scalpman : I was 3/4 live and 2/2
in the simulator (protecting profits)
[09:02 am] joeytsa : later scalp…i
agree
[09:02 am] Ed : very smart
[09:02 am] scalpman : Thanks for great call
TSA.
[09:03 am] scalpman : Thanks Ed. soon I
will stay live all the time, but this is the
strategy for now.
[09:04 am] scalpman : Still short 1/2 on
OC…but tight stop in the green…
[09:05 am] mikewd2 -: got stopped on MDVN
short too early – bummer
[09:05 am] scalpman : All out OC… stop on
the 2nd 1/2.
[09:06 am] scalpman : OC trying for new
hod[09:06 am] mikewd2 -: low volume
[09:07 am] joeytsa : HHC move
[09:07 am] joeytsa : 🙂
[09:08 am] mikewd2 -: Howard Hughes jumps 4%
as T2’s Whitney Tilson discusses on CNBC
[09:08 am] mikewd2 -: T2’s Tilson: We think
Howard Hughes worth a lot more than current
price
[09:08 am] joeytsa : HHC another stock,
gapped up above prev hi, pulled back to that
area
[09:09 am] mhaus : watching P for top
[09:10 am] mhaus : watching MITK for top
[09:10 am] mhaus : watching LEN
[09:11 am] mhaus : BLL
[09:11 am] joeytsa : trail MDVN if short
[09:11 am] mhaus : BGCp[09:12 am] joeytsa :
SINA sitting on support
[09:14 am] joeytsa : SINA into vwap res
[09:14 am] scalpman : Bye guys…Scalpman
has left the building!
[09:15 am] joeytsa : NFLX might try for $107
again?
[09:16 am] joeytsa : nice pop on MDVN
[09:17 am] joeytsa : nice when you can catch
3 quick moves this time of day
[09:19 am] joeytsa : HHC 50% retracement, if
this area holds, might try a new run
[09:19 am] joeytsa : ULTA sitting on prev
cl
[09:20 am] rusty : adding to HUSA
[09:20 am] rusty : slowly
[09:21 am] mikewd2 -: got to be a bottom
somewhere rusty
[09:21 am] joeytsa : strange to see so many
nice moves between 9-9:30pst
[09:22 am] joeytsa : higher low on
SINA..going to test vwap again
[09:23 am] joeytsa : tighten stop if long
MDVN
[09:24 am] mikewd2 -: walked away and missed
the long joey
[09:24 am] mikewd2 -: nice call
[09:24 am] joeytsa : i didnt get anywhere
near the bottom..out near the top though
[09:25 am] shark : DECK further breakdown
off the retest we were looking for
[09:25 am] joeytsa : see that, missed it
[09:25 am] shark : :O WHAT???
[09:25 am] joeytsa : AAPL moving
[09:25 am] joeytsa : was watching 3 other
trades
[09:26 am] shark : oh maaan[09:26 am]
mikewd2 -: Wells Fargo to charge $7 fee for
checking accounts in select states, AP
says
[09:26 am] shark : COH short working better
(no position)
[09:26 am] mikewd2 -: didn’t that kill BAC
awhile back
[09:26 am] joeytsa : yeah headfake on COH
[09:27 am] shark : double top-
[09:27 am] joeytsa : MDVN back to $74
support
[09:28 am] joeytsa : tighten stop iflong
HHC
[09:28 am] joeytsa : HHC, higher low, lower
high
[09:29 am] joeytsa : GMCR sitting on
vwap[09:29 am] rusty : NAV CNBC
[09:29 am] rusty : underwater shill touting
the stock
[09:29 am] mikewd2 -: hugh volume jump on
NAV
[09:31 am] rusty : all the CNBC shills
bought NAV today
[09:31 am] rusty : after buying it at the
high and forgetting about that position
[09:31 am] rusty : not enough jail space
obviously
[09:32 am] shark : nice break on COH
[09:34 am] pow : watch NAV
[09:34 am] Ed : did u get 2nd short on COH
shark
[09:34 am] shark : I did not, Ed 🙁
[09:36 am] shark : AAPL moving higher
[09:37 am] shark : LNKD testing hod area
[09:41 am] mikewd2 -: OC
[09:42 am] mikewd2 -: OC S 33.30
[09:47 am] rusty : ZLTQ moving up a bit – do
not chase these stocks
[09:48 am] joeytsa : HHC just riding that
vwap[09:48 am] rusty : better wehen they
move on their own….profits will be much
bigger
[09:48 am] rusty : SPY hod[09:49 am] shark
: AMZN new hod[09:49 am] rusty : buying VXX
small again -will not add unless it drops
fast or until eod[09:50 am] joeytsa : makes
sense rusty
[09:51 am] rusty : OREX radar
[09:51 am] joeytsa : AMZN making that run to
$187
[09:51 am] rusty : volume coming in,
earnings tonite[09:52 am] joeytsa : watching
MDVN again for next move
[09:56 am] joeytsa : ULTA with the gap
close
[09:56 am] shark : ULTA reports after hours
today
[09:57 am] joeytsa : profit taking?
[09:57 am] joeytsa : been on a nice run
[09:57 am] joeytsa : on the daily
[09:57 am] shark : about a $6-7 move based
on options prices
[09:59 am] joeytsa : i let that last short
on MDVN go by
[09:59 am] mikewd2 -: come on down MDVN –
short working
[10:00 am] mikewd2 -: im in 75.35
[10:00 am] joeytsa : coming into support
here
[10:00 am] rusty : s OREX into strength
[10:00 am] joeytsa : great entry mike
[10:00 am] joeytsa : entry price i mean
[10:01 am] mikewd2 -: trying to get to 74 to
cover
[10:01 am] joeytsa : dont be greedy..has a
chance
[10:02 am] mikewd2 -: my stop is in the
profits
[10:02 am] shark : MDVN higher lows, higher
highs
[10:02 am] joeytsa : PCP spike
[10:02 am] joeytsa : yeah, thats why i left
that short alone
[10:03 am] shark : NFLX testing hod[10:03
am] joeytsa : COH might be trying to
bottom
[10:03 am] shark : 🙂
[10:03 am] mikewd2 -: stop on MDVN is 1%
gain
[10:04 am] shark : AAPL triple top
[10:04 am] shark : or quadruple, actually
[10:05 am] mikewd2 -: covered OC short
[10:07 am] mikewd2 -: stopped on MDVN 1.25%
profit
[10:07 am] joeytsa : nice mike
[10:07 am] Ed : nice mike,
[10:07 am] mikewd2 -: ty[10:07 am] qwert :
awesome mike
[10:08 am] mikewd2 -: time to play the long
again?
[10:09 am] mikewd2 -: maybe not yet
[10:09 am] eyes : up 419 break time
[10:09 am] joeytsa : depends what you focus
on
[10:10 am] joeytsa : good job eyes
[10:10 am] mikewd2 -: MH: WFT having good
day
[10:10 am] Ed : nice eyes
[10:10 am] joeytsa : nice pop on NFLX
[10:11 am] qwert : AAPL cons. just under
hod[10:18 am] rusty : SODA radar
[10:30 am] rusty : DOJI: TEST
[10:34 am] joeytsa : AMZN cons just above
last res
[10:35 am] joeytsa : $73.50 nearterm support
for MDVN
[10:35 am] mikewd2 -: just went long at that
exact amount – funny
[10:36 am] joeytsa : it was also s/r area
around 9am pst[10:40 am] mikewd2 -: railroads
strong due to low cost coal
[10:41 am] Ed : yes, they are
[10:52 am] joeytsa : COH with continued
weakness
[10:52 am] joeytsa : spy vol very low
[10:53 am] joeytsa : under half of
yesterday, about 1/3 from tues[10:53 am]
joeytsa : BIIB big vol spike down
[10:57 am] mikewd2 -: on MDVN also
[10:57 am] mikewd2 -: DNDN hod after sell
off
[10:59 am] joeytsa : lunch time..keep the
good ones rollin’
[11:02 am] lisas : bye Joey
[11:03 am] lisas : Taking off myself, moving
back to our real home this weekend, good luck
trading all
[11:04 am] klas : Thnks ed[11:04 am] Ed : u
have a play house and a real one
[11:05 am] Ed : no problem
[11:08 am] observer : test
[11:08 am] Ed : i cya observer
[11:08 am] observer : thks, Ed I couldn’t
enter posts earlier
[11:09 am] Ed : Brent prbly cut u off
[11:09 am] Brent : he was in the penalty
box
[11:09 am] Ed : figures
[11:09 am] observer : oh oh[11:19 am] pow :
aapl down 2 points in 30 sec
[11:25 am] rusty : adding HUSA
[11:28 am] rusty : no rush, slow and
steady
[11:29 am] joeytsa : shark: you here?
[11:34 am] pow : watch bont for short
[11:34 am] pow : watching MVIS for short
[11:41 am] eyes : I accidently sold 500
contracts CL made 16000 on Paper LOL
[11:41 am] joeytsa : hahaha[11:41 am] eyes
: My report for march is going to be off
[11:42 am] Ed : would think so
[11:42 am] joeytsa : be careful if you ever
go live on Ninja with futures…
[11:42 am] joeytsa : they do have a feature
where you can have all contracts closed
eod[11:42 am] joeytsa : i think i have mine
set to close all open positions 15minutes b4
close
[11:43 am] mhaus : You can also set the
default limit for futures in the presets
settings
[11:43 am] joeytsa : learned about that a
few months back when i woke up to a short
position in bonds
[11:44 am] joeytsa : freaked me out to say
the least haha[11:44 am] eyes : was it in
your favor
[11:44 am] akram : bvsn[11:44 am] joeytsa :
yeah thankfully..the guy at my broker was
laughing
[11:44 am] eyes : does anyone here use
tradelog[11:45 am] joeytsa : i called him
saying get me out, i didnt want this
position
[11:45 am] joeytsa : he said” no prob, but
nice going..you’re up $1800 🙂
[11:46 am] klas : Eyes ever get me email?
[11:46 am] eyes : no send it to
[email protected]
[11:47 am] klas : Sorry I had an r before
the t
[11:47 am] mhaus : Eyes, I use the trade log
from my broker to review the winning and
loosing trades. I look at the time and then
look at the indicators at that time to figure
out what I did right and where I went
wrong.
[11:48 am] eyes : No Mhaus for tax
reporting
[11:48 am] mhaus : No, I don’t use that
[11:48 am] mhaus : I just use the summary
from the broker
[11:48 am] joeytsa : he doesnt report taxes
either 🙂
[11:49 am] mhaus : Anyway, the broker has
already informed the IRS about my trades
[11:49 am] mhaus : lol joey
[11:50 am] joeytsa : futures are so much
easier than stocks when it comes to taxes
[11:51 am] mhaus : I wouldn’t know that
😀
[11:52 am] joeytsa : haha, especially when
you get your taxes done at underthetable.com
🙂
[11:52 am] joeytsa : Ed: quick run up into
the greece deadline?
[11:52 am] mhaus : what taxes?
[11:53 am] joeytsa : 🙂
[11:53 am] Ed : that and uncle ben dropped
money from the helicopter
[11:53 am] joeytsa : yeah i saw there is
talk of some other type of easing
[11:53 am] victor51 : is there any buy out
offer for EA??
[11:54 am] shark : ASNA announces 2-1 stock
split
[11:54 am] shark : what a joke. They are
barely $40
[11:54 am] mhaus : I don’t like the slogan
from Cross Pens – Try it for beauty, keep it
for life.
[11:54 am] victor51 : I bought small amt. of
calls for EA
[11:55 am] observer : metals new hod[11:55
am] joeytsa : EA move might be based on
“ME3”
[11:55 am] rusty : Beware of Greeks bearing
gifts
[11:55 am] rusty : no offense
[11:55 am] rusty : to anyone
[11:55 am] shark : lol[11:55 am] shark :
you talking about the gov’t right?
[11:56 am] joeytsa : shark: sent you an
email…links to those 2 tax articles
[11:56 am] shark : thx, sent response!
[11:56 am] joeytsa : thats what they needed
Ed
[11:57 am] joeytsa : they are planning a
talk @ 8am est tomorrow
[11:57 am] shark : bounce off COH
[11:57 am] joeytsa : see if EA holds up
here
[11:58 am] joeytsa : nice moves on
AMZN,CRM
[11:58 am] joeytsa : @ 90%, no cds comes
into play
[11:58 am] shark : VIX quick drop
[11:59 am] shark : new lod[11:59 am] eyes :
please send to me to joey
[11:59 am] joeytsa : CRR cracked
[11:59 am] joeytsa : no prob eyes
[11:59 am] go4it : ASNA 2 for 1 split
[12:00 pm] eyes : S EA 17.54 out 1/2 1%
[12:01 pm] eyes : klas i replyed[12:01 pm]
klas : Got it
[12:02 pm] joeytsa : sent eyes
[12:02 pm] shark : INVN nice vol day off of
yesterday’s pocket pivot
[12:05 pm] joeytsa : MDVN broke below
vwap[12:07 pm] eyes : out 1/4 EA 1%
[12:08 pm] eyes : stop last 1/4 17.43
[12:11 pm] observer : 10:26 watching, Ed
[12:11 pm] Ed : thx observer, gettn old like
Mitch
[12:11 pm] observer : I’m there too
[12:11 pm] Ed : dont tell him I said it
though
[12:12 pm] observer : It’ll be our secret
lol[12:12 pm] Ed : cool
[12:12 pm] observer : good trade, btw
[12:12 pm] Ed : thx
[12:14 pm] joeytsa : awww man, no love for
the 10:02 PCP call
[12:14 pm] Ed : none
[12:15 pm] joeytsa : i guess if the stock
doesnt move $5 then no love haha[12:15 pm]
observer : gold over 1700 good buying
[12:15 pm] Ed : lol[12:15 pm] Ed : works both
ways joey, we expect 10 from you
[12:16 pm] joeytsa : 🙂
[12:18 pm] joeytsa : MDVN spike
[12:19 pm] qwert : hey everybody gotta go
early lunch with a buddy see ya in the
am
[12:19 pm] Ed : c ya qwert[12:19 pm] observer
: have fun
[12:20 pm] joeytsa : bye qwert[12:20 pm]
joeytsa : trading stocks watching tourney
hoops
[12:21 pm] joeytsa : eyes: you get the
email?
[12:21 pm] joeytsa : COH cons @ $77
[12:21 pm] shark : holding 10min ma COH
[12:23 pm] eyes : Everyone I will be gone
for 10 Days going back to Iowa to see If i
can move back I thought by now i would be a
successful trader but still working on it
[12:23 pm] Ed : ok eyes 10 days or will send
rusty to look 4u
[12:23 pm] joeytsa : stay focused…see you
in 10
[12:23 pm] shark : 😉 lol[12:24 pm] rusty :
bye eyes
[12:24 pm] rusty : take care
[12:24 pm] totora : thld close to hod[12:24
pm] observer : take care eyes
[12:25 pm] Ed : study charts in the interim
also eyes
[12:25 pm] rusty : who we gonna say bye to
all day now that eyes is taking time off?
[12:25 pm] Ed : pick someone
[12:25 pm] rusty : bye ed[12:25 pm] rusty :
?
[12:25 pm] Ed : lol[12:26 pm] rusty : not
poetic enuf[12:26 pm] victor51 : Eyes, good
luck and see you in 10 days.
[12:27 pm] go4it : GL Eyes
[12:28 pm] klas : see ya eyes
[12:28 pm] totora : THLD ??
[12:30 pm] Ed : would not trade it this late
in day totora[12:30 pm] totora : k
[12:31 pm] joeytsa : ULTA small push above
cons
[12:32 pm] shark : CMG another $7 day
[12:32 pm] joeytsa : wow
[12:32 pm] eyes : See you all and good Luck
out of here
[12:32 pm] shark : thx eyes, ditto 🙂
[12:33 pm] joeytsa : gonna shoot for $400
[12:33 pm] Ed : take care eyes
[12:37 pm] joeytsa : bit of a selloff
[12:38 pm] rusty : adding HUSA
[12:38 pm] shark : you short rusty?
[12:39 pm] shark : I thought you mentioned
this as a long swing trade HUSA
[12:39 pm] rusty : look at chart
[12:40 pm] shark : catching a bounce here
HUSA- but since 3/1 -short swing was best
move
[12:40 pm] rusty : lol[12:40 pm] garyb : Hi
everyone..just got in….is it too late to
get into any trades?? lol[12:40 pm] rusty :
you shorted shark?
[12:40 pm] rusty : or just looking in
rearview mirror?
[12:41 pm] shark : just broke below it’s
52wk (prev at 6.01)
[12:42 pm] shark : low
[12:42 pm] rusty : so what’s that mean?
[12:42 pm] shark : putting in a short term
bottom, here
[12:43 pm] shark : not my cup of tea for a
long or short swing, though
[12:43 pm] shark : just wanting to
understand how you see it
[12:44 pm] joeytsa : SONC dumping
[12:44 pm] rusty : playing as oversold
play
[12:44 pm] rusty : like you do intrada[12:44
pm] rusty : y
[12:44 pm] rusty : no difference
[12:44 pm] shark : ok, thx 🙂
[12:45 pm] rusty : just different
timeframe
[12:47 pm] rusty : interesting how you dont
see as long or short but you do this kind of
play intraday everyday
[12:47 pm] rusty : just saying
[12:47 pm] shark : I have a more nervous
propensity on stocks priced under $10-15
[12:53 pm] rusty : shark + nervous
[12:53 pm] rusty : hmmm
[12:53 pm] rusty : 🙂
[12:55 pm] shark : 😉
[12:55 pm] shark : a .04 move on HUSA =
1.5%
[12:55 pm] rusty : those big fast dips on
very oversold stocks are what I look for
[12:56 pm] shark : I can move in and out of
a CMG or COH much quicker
[12:56 pm] rusty : like a capitulation
[12:56 pm] joeytsa : thats why i dont look
at % shark
[12:56 pm] joeytsa : great day Mitch !!!
[12:56 pm] shark : I’m observing
carefully
[12:56 pm] observer : yes
[12:56 pm] akram : yes thx
[12:56 pm] joeytsa : i like these kind of
days
[12:56 pm] observer : you know I like that
shark
[12:56 pm] shark : haha 🙂
[12:57 pm] joeytsa : lots of movers and not
all at once
[12:57 pm] joeytsa : thats how the morning
should be
[12:57 pm] shark : yeah, exactly!
[12:57 pm] observer : thx for your calls,
guys
[12:58 pm] shark : thx for your observes,
observer
[12:58 pm] observer : lol[12:58 pm] shark :
thx, Mitch!
[12:58 pm] klas : 8 for 10 today great day
Mitch keep the lessons coming for me I need
them
[12:58 pm] Ed : nice going klas[12:58 pm]
shark : AWESOME klas!
[12:59 pm] observer : way to go klas[12:59
pm] klas : Thanks Ed MDVN was my bad trade
all you guys did well on it
[01:00 pm] shark : closing bells in US
markets, reminds me of the casino sounds
[01:00 pm] rusty : gn all
[01:00 pm] klas : Night
[01:00 pm] observer : good night everyone
[01:00 pm] shark : ULTA coming out after
hours
[01:00 pm] joeytsa : gn Breant, Ed
[01:01 pm] joeytsa : waht time shark?
[01:01 pm] akram : Thanks Mitch , Brent, ED
for a great day
[01:01 pm] shark : hmmm…just a guess, any
sec
[01:01 pm] akram : 3500.00
[01:02 pm] rusty : OREX earnings momentarily
for anyone interested
[01:02 pm] shark : ULTA up $1
[01:02 pm] shark : 1.72
[01:03 pm] shark : .73 vs .67 estimate
[01:03 pm] akram : Thx Rusty
[01:03 pm] shark : 582m vs 578m
[01:04 pm] shark : up $1.97 2.22%
[01:04 pm] joeytsa : great son
[01:04 pm] joeytsa : song
[01:04 pm] joeytsa : louis armstrong[01:04
pm] apple : louis armstrong… beautiful
[01:04 pm] shark : HI apple!!!
[01:04 pm] shark : hiding amongst the big
apple?
[01:05 pm] apple : jey joey and shark, how’s
it going… i am multi-tasking…
[01:05 pm] shark : ULTA up $2.608
[01:05 pm] joeytsa : hey apple
[01:05 pm] apple : nice on ULTA
[01:05 pm] garyb : Hey joey! Apple!
Shark!
[01:05 pm] apple : never been in there
[01:05 pm] apple : hey gary
[01:06 pm] apple : 4:00 dance party
[01:06 pm] joeytsa : Appreciate the music
Mitch
[01:06 pm] joeytsa : hey gary
[01:06 pm] apple : yesterday, i heard frank
at about 5:15 or so,it was pretty funny
[01:06 pm] joeytsa : here in teh room?
[01:06 pm] garyb : Had to do some work last
couple of days….could not trade too much
[01:06 pm] shark : Oh man, I missed
[01:06 pm] apple : yea, it was up and it
shocked when the music started playing
[01:07 pm] shark : must have been the
janitor cleaning up
[01:07 pm] apple : haha, the maid on wed.
[01:07 pm] joeytsa : yeah, i keep the room
up most days, forget to turn the speakers
off…
[01:07 pm] apple : there’s MK!
[01:07 pm] shark : just don’t forget to turn
the lights off
[01:07 pm] joeytsa : my wife asks if i am
playing music
[01:07 pm] apple : my goodness
[01:08 pm] apple : tell kimberly you are
playing video games again
[01:08 pm] joeytsa : GMCR didnt have
earnings did it??
[01:08 pm] joeytsa : hahah[01:08 pm] shark
: GMCR big meeting
[01:08 pm] shark : at SBUX
[01:08 pm] joeytsa : ULTA,GMCR will be
players tomorrow
[01:08 pm] apple : haha shark
[01:08 pm] joeytsa : maybe ANN and COH
also
[01:08 pm] apple : haha[01:08 pm] shark :
ULTA -.11 now
[01:09 pm] apple : thx MK
[01:10 pm] apple : dropping more
[01:11 pm] joeytsa : spread bouncing
around
[01:11 pm] apple : good, thx MK
[01:12 pm] joeytsa : at least a few setups
for the morning
[01:12 pm] shark : SBUX introduces new
Verismo single-cup machine
[01:12 pm] joeytsa : new SBUX overseas is
supposed to be real nice
[01:13 pm] shark : :O
[01:13 pm] joeytsa : saw a story yesterday
or day before on news
[01:13 pm] joeytsa : maybe in
amsterdamn..cant remember
[01:13 pm] apple : some drop, huh?
[01:13 pm] shark : yeah
[01:14 pm] joeytsa : any news on GMCR??
[01:14 pm] shark : yeah: SBUX introduces
new Verismo single-cup machine
[01:14 pm] joeytsa : you mean thats it??
[01:14 pm] shark : that’s GMCR getting hit
on new competition, joey
[01:15 pm] shark : Yeah, SBUX having big
meeting to “present” this new product
[01:15 pm] joeytsa : thats a bs move
[01:15 pm] joeytsa : GMCR “should” rebound
off of this
[01:15 pm] shark : you use single cup
system, joey?
[01:15 pm] apple : wow,
[01:15 pm] shark : or apple?
[01:15 pm] joeytsa : hell no
[01:16 pm] shark : you use the “press”
type?
[01:16 pm] shark : not want of those filter
drip systems, I hope.
[01:16 pm] joeytsa : if anyone ever bought
me a coffee pot that ONLY made 1 cup…i
would hit them in the head with it
[01:16 pm] apple : it’s waste. i make
capaccino and make like to cups
[01:16 pm] apple : two cups
[01:16 pm] joeytsa : i love my cuisanart
12cup drip 🙂
[01:16 pm] shark : :O how much you drink?
[01:16 pm] apple : i grind the beans
[01:17 pm] shark : nice apple! Mmmm can
smell itnow[01:17 pm] apple : one cup per
day now, usually on joey’s break at 11
[01:17 pm] joeytsa : only 2 cups..but
sometimes my wife has 2 also
[01:17 pm] shark : none for the dog,
though
[01:17 pm] shark : hate to see anymore
“wired” dogs
[01:17 pm] joeytsa : cant wait until the
open now on GMCR
[01:17 pm] apple : haha, how about you
shark?
[01:17 pm] apple : juicy, right?
[01:18 pm] shark : one a day, around 11am
pt[01:18 pm] apple : 50.90!
[01:18 pm] joeytsa : i just dont like
trading ah
[01:18 pm] shark : can you put the chart up
Mitch?
[01:18 pm] shark : PLEASE!
[01:19 pm] shark : TC2000 doesn’t have after
hours charts
[01:19 pm] joeytsa : just had a big sell vol
candle
[01:19 pm] joeytsa : no turn yet
[01:19 pm] shark : you can guide me blind
[01:19 pm] shark : like IFR flying under the
hood, Mitch
[01:19 pm] joeytsa : follow the tape
shark
[01:19 pm] garyb : I’m just doing the TC
2000 trial shark…you like it?
[01:20 pm] apple : it’s funny, on esignal
the 1 min stops at close, the 2 min is the
one that is current
[01:20 pm] joeytsa : %r turned up
[01:20 pm] joeytsa : not on mine apple
[01:20 pm] apple : really?
[01:20 pm] joeytsa : my 1min is showing
fine
[01:20 pm] apple : joey, how do i know what
version i have?
[01:20 pm] apple : better to wait
[01:20 pm] joeytsa : i dont..but my esig
1min is working
[01:21 pm] shark : nice, thx Mitch!
[01:21 pm] apple : thx MK for the heads
up!
[01:21 pm] joeytsa : big seller at 52
[01:21 pm] apple : ihave a wonderful evening
MK!
[01:22 pm] joeytsa : bye Mitch..thank you
[01:22 pm] shark : thx, Mitch!
[01:22 pm] apple : you guys have a good
day?
[01:23 pm] shark : bye apple
[01:23 pm] joeytsa : shark: this is why i
like ta more than fa[01:23 pm] apple : have
a wonderful evening
[01:23 pm] joeytsa : nothing about GMCR
fundamentals have changed
[01:24 pm] shark : rounding out
[01:24 pm] shark : can you see any vol,
joey?
[01:24 pm] joeytsa : this candle at 80k
[01:24 pm] apple : there is some right
joey
[01:25 pm] garyb : Im in GMCR…let’s see
how it goes…can’t put a stop AH
[01:25 pm] apple : hey, gary, that can be a
problem
[01:25 pm] joeytsa : big buyer at 51
[01:25 pm] joeytsa : ok seller 51.50
[01:25 pm] shark : that was me, joey! 🙂
[01:25 pm] shark : all the help on vol,
greatly appreciated
[01:25 pm] joeytsa : 🙂
[01:25 pm] apple : haha[01:26 pm] shark :
CNBC report now
[01:26 pm] joeytsa : this reminds me of the
old days
[01:26 pm] joeytsa : just watching prints
[01:26 pm] apple : that might go lower…
[01:26 pm] joeytsa : GMCR will be #1 on my
morning hit list
[01:26 pm] joeytsa : looks like more red
coming
[01:27 pm] garyb : yes that is why I am
watcvhing like hawk apple
[01:27 pm] apple : yeah…
[01:27 pm] apple : 49ish?
[01:27 pm] apple : big red volume
[01:27 pm] shark : some support in $50
area
[01:27 pm] joeytsa : if GMCR stays new 50
area over night, i would expect to see more
early downside, then pop up
[01:28 pm] joeytsa : indis pointing up
[01:28 pm] joeytsa : on 1min
[01:28 pm] shark : cool
[01:28 pm] joeytsa : glad i dont play ah…i
can live without the money
[01:29 pm] shark : broke lower
[01:29 pm] apple : there we go….
[01:30 pm] apple : where is the end????
[01:30 pm] shark : that would be “0”
[01:30 pm] apple : haha[01:30 pm] shark :
what do you see on vol, joey?
[01:30 pm] joeytsa : this is going to be a
nice one
[01:30 pm] joeytsa : onthe book??
[01:30 pm] shark : any capitulation
signs?
[01:30 pm] joeytsa : seems like plenty of
orders
[01:30 pm] apple : 5.34
[01:30 pm] joeytsa : more on the bid, then
ask
[01:31 pm] joeytsa : very large buyer
49.50
[01:31 pm] shark : ok
[01:31 pm] joeytsa : these 2 vol sticks low
though
[01:31 pm] apple : i haven’t had good luck
with GMCR in the past — it can be rather
choppy…
[01:31 pm] apple : look low 49’s
[01:31 pm] shark : i see
[01:32 pm] shark : maybe get a “V”
pattern
[01:32 pm] apple : i am getting hungry
[01:32 pm] shark : look at that spike
[01:32 pm] apple : did you see that!
[01:32 pm] joeytsa : yeah choppy stocks make
great plays..but can chop you up badly
also
[01:32 pm] joeytsa : bs or for reall??
[01:32 pm] apple : right, joey, got chopped
on that one, more than once…
[01:33 pm] joeytsa : yeah it got me last
summer a couple of times
[01:33 pm] apple : will be hitting 48ish
[01:33 pm] joeytsa : if you see a nice
support area where you want to go long…
[01:34 pm] joeytsa : put a limit in
[01:34 pm] apple : another one…
[01:35 pm] joeytsa : ok im out…cant wait
until tomorrow mornings ” Coffee rush ”
hahah[01:35 pm] shark : bye joey, thx
[01:35 pm] joeytsa : gn shark, apple
[01:35 pm] joeytsa : all traders
[01:35 pm] apple : bye joey- all have a
wonderful evening
[01:35 pm] joeytsa : see you guys on
facebook haha[01:36 pm] garyb : yes Joey!
🙂
[01:36 pm] joeytsa : be good gary
[01:36 pm] garyb : Yes…when I’m not bad!
🙂
[01:36 pm] joeytsa : haha[01:37 pm] apple :
look at that….
[01:37 pm] shark : yeah…
[01:38 pm] apple : that’s what i thought
[01:38 pm] joeytsa : lets hope soo..
[01:39 pm] joeytsa : and then watch it move
back to 60 🙂
[01:39 pm] apple : now that’s my kind of
trade!!!
[01:39 pm] joeytsa : yeah, thats why i love
gaps and earnings season….
[01:40 pm] joeytsa : same with with Mitch’s
V-pattern
[01:40 pm] apple : yippeee[01:40 pm] apple
: gotta luv it
[01:40 pm] shark : what happened to the
chart?
[01:40 pm] joeytsa : Vpattern is an intraday
gap play to me…overreaction
[01:40 pm] apple : yes
[01:41 pm] joeytsa : and those plays worked
yesterday, they work today, and they will
work tomorrow
[01:41 pm] joeytsa : human emotions NEVER
change
[01:41 pm] shark : are we getting a
bottom?
[01:43 pm] apple : hammer 6 min ago
[01:43 pm] apple : with increasing volume
[01:44 pm] shark : trending up on good
vol?
[01:44 pm] apple : now it’s red and low
[01:44 pm] apple : moving
[01:45 pm] apple : you going to buy now
shark?
[01:45 pm] shark : watching…
[01:46 pm] apple : mini consolidation for
last 4 min
[01:46 pm] shark : I’m looking for an after
hours chart on one of my platforms
[01:46 pm] shark : 49 recovered, nice
[01:46 pm] shark : I found a small chart on
TD ameritrade[01:47 pm] shark : no 1min vol
bars
[01:47 pm] apple : moving now
[01:51 pm] apple : see you tomorrow.
[01:51 pm] shark : bye apple
[02:07 pm] garyb : good night fellow
traders! 🙂
[02:10 pm] shark : nice Mitch!
[02:11 pm] shark : love the moves
[02:12 pm] shark : seems like less
distractions after hours
[02:12 pm] shark : ahh[02:12 pm] klas :
Would like to learn how to trade
ernings[02:12 pm] shark : 🙂
[02:13 pm] klas : Maybe some day
[02:13 pm] mh : mitch that is a thing of
beauty
[02:14 pm] klas : Still learning these
reversals
[02:15 pm] klas : Losing trade for me today
MDVN
[02:15 pm] klas : I am in sim mode
[02:16 pm] shark : 2000 shares long at 50.47
-sold at 52.63
[02:17 pm] klas : So Cal
[02:17 pm] shark : Thx for your guidance,
Mitch! 😉
[02:17 pm] shark : yes!
[02:17 pm] mh : great end of the day trade
shark
[02:17 pm] shark : I love these
[02:17 pm] shark : no influence from SPY or
other market indices
[02:18 pm] shark : wow, I left some serious
$$ on the table
[02:18 pm] klas : Mitch thanks for the
lessons today it realy helps my trading
[02:19 pm] shark : ok
[02:19 pm] shark : will do. Off to destress
at the gym!
[02:20 pm] shark : good night all!
[02:20 pm] klas : I came back to my computer
to re read the lessons posted earler this
morning
[02:20 pm] klas : Did not know you were
still at it
[02:21 pm] klas : Later
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