[06:10 am] Ed : good morning
[06:21 am] Brent : good morning
[06:23 am] Mitch K: i think the tops we are
going to get are going to be good shorts this
morning
[06:30 am] Mitch K: watching for a spike in
BKS for possible short, a repeat of yesterday
but smaller drop than the 15% Monday
[06:31 am] Brent : watching JCP for a bounce,
needs more downside first
[06:31 am] Mitch K: watchign CETV for short
early this morning
[06:32 am] Mitch K: watching APC for a top
for short
[06:32 am] Mitch K: watching CYOU for
bottom
[06:32 am] Mitch K: watching CIE for a bottom
to buy
[06:33 am] Mitch K: watching MPWR for top to
short
[06:33 am] Brent : watching FIRE for a
bounce
[06:33 am] Mitch K: watching BWLD for top to
short
[06:34 am] Mitch K: watching for short on CLD
top
[06:34 am] Mitch K: watching GOLD for top to
short
[06:35 am] Mitch K: watching BTU for short
[06:35 am] Mitch K: watching for short in
CNH
[06:35 am] Mitch K: soon
[06:35 am] Mitch K: watching for short in
APD
[06:36 am] Mitch K: watchign GWR for short
[06:36 am] Mitch K: watching VECO for
short
[06:37 am] Mitch K: watching HRS for short
[06:38 am] Mitch K: watching for short in
CHK, prefer rebound first but more downside
from here
[06:38 am] Mitch K: watching BUD for short
[06:39 am] Mitch K: watching for short on top
of the BSFT bounce; missed bottom
[06:39 am] Brent : bounce
[06:39 am] Mitch K: watching YOKU for
short
[06:39 am] Brent : watching RIMM for a
bonce
[06:39 am] Mitch K: watching NI for top to
short
[06:40 am] Mitch K: watching MOH for short
[06:40 am] Mitch K: watching for short on top
of PRXL bounce
[06:41 am] Mitch K: watchign for short in BGC
after rebound, more downside from here
[06:41 am] Brent : watching HLF for a
bounce
[06:42 am] Mitch K: consider covering CETV
soon
[06:43 am] Mitch K: looking for cover point
in APC short soon, below 74
[06:43 am] Mitch K: watching SREV for bottom,
low vol, take your time before buying
[06:44 am] Mitch K: watching WFM for top to
short
[06:45 am] Mitch K: watching HRS for short
soon
[06:46 am] Mitch K: more downside on SFLY
[06:46 am] Brent : consider reducing HLF
[06:47 am] Mitch K: consider covering CHK
soon
[06:47 am] Mitch K: consider covering NI
short very soon
[06:48 am] Brent : $67.90 area next target on
HLF
[06:51 am] Mitch K: watching AEIS for
short
[06:52 am] Mitch K: HRS toppy
[06:56 am] Mitch K: watching UBNT for
short
[06:59 am] Mitch K: consider covering BWLD
short
[06:59 am] Ed : SPY lod[07:00 am] Mitch K:
business confidence
[07:00 am] Mitch K: New home sales
[07:00 am] Mitch K: news just hit
[07:01 am] Mitch K: construction spending
[07:03 am] Ed : monitor SFLY for bottom,
[07:04 am] Mitch K: monitoring ETN for short
top of this bounce
[07:04 am] Brent : consider reducing more
HLF
[07:04 am] Mitch K: watching ACC for short
[07:06 am] Mitch K: watching H for short
[07:07 am] Mitch K: 2nd helping short in
BUD
[07:07 am] Mitch K: watching CHRW for
short
[07:08 am] Ed : consider reducing SFLY if u
took long
[07:11 am] Mitch K: monitor CHK for 2nd
helping short
[07:11 am] Mitch K: watching for 13.55 area
to cover AEIS short
[07:14 am] Ed : reducing more SFLY long
[07:19 am] Ed : SPY new hod[07:20 am] Mitch
K: watching UBNT for short
[07:20 am] Mitch K: watching WWW for short
soon
[07:22 am] Mitch K: H toppy
[07:22 am] Mitch K: watching for MAC short
soon
[07:23 am] Mitch K: consider selling SIMO
[07:23 am] Mitch K: for top to short, slower
mover, lower vol[07:23 am] Mitch K: watching
GWR
[07:24 am] Mitch K: watching CERN for top to
short
[07:45 am] Ed : SPY new hod[08:06 am] Mitch
K: there should be a movie called Frozen in
Time, because we would be watching it
[08:07 am] Ed : MDRX ADVACNED
[08:07 am] Mitch K: watching MDRX drop
[08:08 am] Mitch K: too slow Joe
[08:14 am] Ed : if u took MDRX long would
reduce
[08:23 am] Mitch K: watching WLK for top to
short
[08:34 am] Mitch K: watching ARW for short
[08:35 am] Mitch K: be flexible as a Cirque
performer
[08:35 am] Mitch K: looking for 63.60 area to
cover WLK short
[08:40 am] Mitch K: see if drops to new low
of day
[08:40 am] Mitch K: watching HLF
[08:41 am] Mitch K: yep, wait
[08:42 am] Ed : HLF halted circuit breaker
[08:45 am] Ed : thx joey
[08:45 am] Ed : NUS watching
[08:48 am] Ed : another HALT on HLF
[08:49 am] Ed : looks like had huuge
imbalance on oder flow
[08:55 am] Mitch K: you guys watching HLF
[09:04 am] Ed : if u took HLF long would
reduce
[09:05 am] Ed : would reduce more HLF long
[09:20 am] Mitch K: 2nd helping GWR short,
sloow motion
[09:21 am] Mitch K: if still short
[09:21 am] Mitch K: consider covering WLK
short
[10:16 am] Mitch K: watching SFLY for short
here
[10:22 am] Mitch K: consider covering SFLY
here soon
[10:23 am] Mitch K: dont be too flexible here
on SFLY, cover
[10:24 am] Mitch K: doesnt look like much but
was 2% short profit
[10:30 am] Ed : monitoring WWW
[10:42 am] Ed : monitoring MNST for bottom to
take long
[10:42 am] Ed : monitoring MNST
[10:51 am] Ed : if u took MNST long consider
reducing
[10:55 am] Ed : reducing more MNST long
[10:56 am] Brent : nice one Ed
[10:58 am] Mitch K: $66 is very possible with
MNST long
[10:59 am] Mitch K: i wouldnt buy it here but
if you are long
[12:00 pm] Brent : watching GNC for a
bounce
[12:00 pm] Brent : GNC
[12:00 pm] Ed : out all MNST long
[12:06 pm] Mitch K: over an hour ago,
[12:06 pm] Mitch K: i told you guys $66 was
possible on MNST, lol[12:19 pm] Mitch K:
short here
[12:19 pm] Mitch K: MNST toping
[12:40 pm] Mitch K: oit may not look like a
big move wiht MNST but it was a wide range of
prices from high to low so any drop doesnt
look big. but is 60 cents sof ar, and if we
had time, it could get back down to 66
[01:00 pm] Brent : have a good night, see you
all in the morning
[01:06 pm] Mitch K: ?[01:06 pm] Mitch K: what
earnings are today after market
[01:06 pm] Mitch K: see you guys tomorrow
[01:09 pm] Mitch K: thanks shark
[01:13 pm] Mitch K: TRLG up
[01:13 pm] Mitch K: TRIP moved
[01:55 pm] Mitch K: OPEN dumped but is
bouncing now
|
[06:10 am] doji : CHK, chairman is
departing
[06:10 am] doji : Hi Ed
[06:10 am] joeytsa : Good morning Ed
[06:11 am] joeytsa : thx doji[06:11 am] doji
: I’ll look for a pull back in CHK after the
market opens…
[06:11 am] skydiver : gm Mitch, Ed, and the
great group of traders
[06:12 am] khall : doji – I’m looking for
the same pullback in chk to go long – had it
in my notes for today
[06:12 am] eyes : Good Morning Ed Mitch
everyone
[06:12 am] cdougan : Morning all
[06:13 am] ogking : Good morning
Everyone!
[06:13 am] skydiver : thnks doji and khall
on CHK
[06:13 am] doji : Are you in Skydiver?
[06:13 am] doji : CHK
[06:13 am] skydiver : no – but watching to
see if I should short or go long 🙂
[06:14 am] skydiver : probablyl short it for
a quick dollar and then go long later
[06:14 am] doji : Wait till the open
Sky…
[06:14 am] skydiver : sounds good doji
thnx[06:16 am] joeytsa : COP completed a
spinoff..thats why its gapped down i guess
[06:16 am] joeytsa : not playable for me
[06:16 am] skydiver : yeah joey – I was just
looking at COP – was wondering
[06:16 am] doji : Is Lisas here?
[06:17 am] lisas : Morning all, yes, just
signed in
[06:17 am] mikewd2 -: your correct joey
[06:17 am] joeytsa : i knew something was
up…when i see a flat line
[06:17 am] mikewd2 -: on COP
*** Brent , Welcome to the TradeStocksAmerica
Live Trading Room
[06:17 am] joeytsa : some kind of
non-tradeable deal for me
[06:17 am] joeytsa : buyout,takeover,going
private etc[06:17 am] doji : Hey Lisas, did
you close your position in MNST?
[06:17 am] lisas : not all, had set a
stop
[06:18 am] lisas : buying it back this am,
still like for my portfolio
[06:18 am] joeytsa : hope it triggered,
quick move
[06:18 am] lisas : yes, it did, very
quick
[06:18 am] joeytsa : should be fine long
term
[06:18 am] lisas : agree
[06:18 am] doji : I agree Joey…
[06:18 am] joeytsa : well, as fine as you
can be long term haha[06:18 am] lisas : just
glad I looked at my droid during the day,
since I wasn’t trading
[06:19 am] joeytsa : for me thats about 48
seconds 🙂
[06:19 am] shailan : good morning
everyone
[06:19 am] lisas : now I’m watching my FIRE
position
[06:19 am] joeytsa : Good morning Brent
[06:19 am] lisas : gm shailan[06:19 am]
lisas : gm Mitch, Ed, Brent
[06:20 am] mikewd2 -: doji: i don’t think the
CEO was removed – they just ended the
founders program
[06:20 am] joeytsa : FIRE must have had
decent eranings[06:20 am] mikewd2 -: re:
CHK
[06:20 am] lisas : must have, remember when
I posted note to self about IBD stocks? I
bought FIRE then
[06:20 am] joeytsa : IBD is a great
resource
[06:21 am] joeytsa : used to read it every
saturday..gotta get back into it
[06:21 am] lisas : there is definately an
“IBD effect” in their stocks when they switch
market direction
[06:21 am] joeytsa : yep
[06:22 am] scalpman : gm[06:22 am] scalpman
: gm[06:22 am] doji : What is IBD Joey?
[06:22 am] skydiver : gm Brent
[06:23 am] joeytsa : Investors Business
Daily
[06:23 am] joeytsa : great paper, also
online too
[06:23 am] victor51 : good morning all
[06:23 am] doji : thanks
[06:23 am] scalpman : gm[06:23 am] joeytsa
: yesterday in IBD email..institutions were
listed as buying CERN,NUS,RGR,UBNT,FIRE
[06:25 am] scalpman : gm[06:25 am] joeytsa
: not a lot of pre-market futures movement
[06:27 am] doji : CHK moving
[06:28 am] joeytsa : GOLD might move
today..lower volumen stock so use caution if
you play
[06:28 am] doji : FIRE moving
[06:29 am] doji : Time to Rock!
[06:29 am] joeytsa : 🙂
[06:30 am] joeytsa : watching AAPL,CAKE
[06:30 am] joeytsa : eye on PXD also
[06:31 am] joeytsa : nice pop on BIIB
[06:32 am] joeytsa : NFLX weak
[06:32 am] joeytsa : tighten BIIB if long
[06:32 am] doji : FIRE
[06:33 am] joeytsa : tighten EXPE if long
[06:35 am] joeytsa : BIIB pullback too quick
for me
[06:35 am] doji : Watching CHK
[06:36 am] doji : BKS
[06:36 am] skydiver : SPY jumping
[06:36 am] doji : LEN flying
[06:36 am] mikewd2 -: nice call on GOLD
joey
[06:36 am] joeytsa : ACI cut their dividend
from 11c to 3c
[06:37 am] joeytsa : i let it go mike, vol
was too low for me
[06:38 am] joeytsa : NFLX testing lod[06:40
am] joeytsa : WLT nice pullback
[06:40 am] joeytsa : BIDU up
[06:41 am] doji : FIRE on fire
[06:41 am] joeytsa : tighten stop on SHLD if
long
[06:42 am] joeytsa : GS falling, market
holding steady
[06:43 am] skydiver : out 3/4 of CRM L
[06:43 am] joeytsa : CRm rebounding 🙂
[06:44 am] doji : NFLX
[06:44 am] joeytsa : EXPE, 2nd leg up
[06:44 am] doji : EXPE scrong[06:44 am]
joeytsa : HLF trying to head up from fall
[06:45 am] amma : gm all. computer issues
this morning.
[06:45 am] skydiver : all out of CRM L
[06:45 am] doji : RIMM
[06:45 am] doji : needs to hld here
[06:46 am] joeytsa : SHLD still moving
higher
[06:46 am] scalpman : Out 1/2 HLF L
[06:47 am] joeytsa : BIIB trying to find
support at $130
[06:48 am] joeytsa : AMZN having problems at
$230 so far
[06:51 am] joeytsa : HUM strong so far,
coming into res
[06:52 am] doji : BKS
[06:53 am] joeytsa : BIDU strong off
pullback to $134 support
[06:54 am] joeytsa : FIRE pullback to vwap
support
[06:55 am] joeytsa : HUM hit res, pulling
back to 15ma support
[06:55 am] skydiver : SHLD at vwap
support
[06:56 am] doji : SPY approaching lod[06:56
am] skydiver : SHLD broke vwap[06:56 am]
joeytsa : FIRE might be revving up
[06:56 am] joeytsa : yeah sky, couldnt
short it
[06:57 am] joeytsa : actually didnt try, saw
the L 🙂
[06:57 am] skydiver : yeah – I tried – even
tried Scottrade 🙂 –
[06:57 am] joeytsa : good luck with that
haha[06:57 am] skydiver : 🙂
[06:57 am] skydiver : JOY – take over
chatter
[06:58 am] skydiver : I am L in JOY at
moment – that news helped 🙂
[06:58 am] joeytsa : none to short at schwab
either
[06:58 am] doji : SPY at lod[06:58 am]
skydiver : all out of JOY L
[06:58 am] joeytsa : sky: you have been
hitting JOY daily nice
[06:58 am] skydiver : yeah – been good to me
🙂
[06:58 am] doji : FIRE at VWAP
[06:58 am] doji : olding[06:58 am] doji :
holding
[06:59 am] khall : VECO making a nice run up
from the pullback
[06:59 am] doji : broke it
[06:59 am] joeytsa : FIRE didnt get above
15ma
[06:59 am] doji : EXPE at VWAP
[06:59 am] joeytsa : market and GS trading
opposite today
[06:59 am] doji : more selling SPY
[07:00 am] joeytsa : got my caution flags
out
[07:00 am] doji : What was that?
[07:00 am] joeytsa : huge spike on SPY
[07:00 am] skydiver : SPY – wow
[07:00 am] joeytsa : must have been the
rport[07:00 am] joeytsa : i wonder who the
masseuse was for that 🙂
[07:00 am] skydiver : wowzer[07:01 am]
skydiver : that was fast
[07:01 am] joeytsa : doji: i told you
something was up with GS 🙂
[07:01 am] joeytsa : anytime GS/SPY move
opposite…somethin’s a brewin’ 🙂
[07:02 am] doji : Nice to know Joey
[07:02 am] mikewd2 -: HES having another good
day
[07:02 am] doji : They were moving along
Joey
[07:03 am] joeytsa : opposite if you follow
the ES
[07:03 am] mikewd2 -: FST bounced right off
support for 0.40 gain
[07:03 am] skydiver : nice mike on HES
[07:04 am] joeytsa : LNKD back to prev cl
[07:04 am] mikewd2 -: yeah HES is a swing
from yesterday morning – working out
[07:04 am] skydiver : great mike!!
[07:04 am] joeytsa : tight stop on FIRE
[07:04 am] joeytsa : great job mike
[07:05 am] skydiver : I have to get back
into some swing trades again – I’ve been
doing pure day trading for now to get it
down
[07:05 am] skydiver : SINA – being upgraded
by Wedge partners from negative to
positive
[07:05 am] joeytsa : SINA strong
[07:05 am] skydiver : SINA – jumping up a
bit
[07:06 am] joeytsa : about time, they were
dead for a week
[07:06 am] skydiver : yeah joey – it was a
great funeral – but back to life 🙂
[07:06 am] doji : AMZN
[07:06 am] joeytsa : yeah, almost took it
off my flock monitor
[07:06 am] skydiver : NFLX – climbing
[07:07 am] joeytsa : HUM dbl top at res
[07:09 am] joeytsa : closing FIRE…its a
patience thing 🙂
[07:10 am] mikewd2 -: doji CHK CEO McClendon
to relingquish chmn title
[07:10 am] joeytsa : Brent, great call on
HLF
[07:10 am] mikewd2 -: but will still be
CEO
[07:11 am] Ed : nice Brent on HLF
[07:12 am] joeytsa : APC trying for
hod[07:14 am] joeytsa : WYNN 2nd test of
prev hi
[07:16 am] joeytsa : QCOR spike
[07:17 am] mikewd2 -: HES consolidating?
[07:18 am] joeytsa : sure looks like it
mike
[07:18 am] skydiver : all out of JOY S
[07:19 am] joeytsa : ES sitting at
1402ish..nice up move
[07:19 am] joeytsa : crude $105.30
[07:20 am] joeytsa : vix @ 16.42
[07:20 am] doji : NFLX reversing
[07:21 am] joeytsa : AMZN moving in $1
increments
[07:22 am] mikewd2 -: april Toyota sales up
11.6% in US
[07:22 am] joeytsa : LNKD back to prev cl
[07:23 am] doji : LEN steadily moving up
[07:23 am] joeytsa : ES up about 15pts since
that report
[07:24 am] doji : The SPY is moving in small
but continuos steps
[07:26 am] joeytsa : MELI to test $100,
lower vol[07:26 am] joeytsa : IPGPhod[07:28
am] joeytsa : ES trending up, GS kind of
consolidating..just watching
[07:28 am] eddy : watchin CAR to short
[07:30 am] joeytsa : crude testing $106
[07:30 am] mikewd2 -: yeah, lovin it
[07:30 am] doji : Nice on HAL Mike
[07:31 am] mikewd2 -: SLB having a good
one
[07:32 am] doji : LEN approaching 52-week
high
[07:32 am] joeytsa : yeah doji, TOL also
[07:33 am] doji : Mike, are you adding to
your FST position?
[07:33 am] mikewd2 -: no, was trying to get
it at 11.60 but missed – just for a day
trade
[07:34 am] mikewd2 -: until nat gas prices go
up, FST is stuck i think
[07:34 am] mikewd2 -: IMHO
[07:34 am] qwert : TSCO coming up on 100
again
[07:35 am] doji : Lack volume qwert[07:39
am] Ed : nice call on WWW Mitch
[07:40 am] joeytsa : yeah Mitch, nice
[07:40 am] qwert : WWW awesome
[07:41 am] mikewd2 -: BKS lod[07:44 am] qwert
: CERN strong
[07:44 am] joeytsa : yeah it is qwert,
pushed thru at prev hi
[07:45 am] joeytsa : see if it pushed thru
$84
[07:45 am] qwert : gonna be tempting at some
point
[07:45 am] joeytsa : yep, either way
[07:45 am] joeytsa : yeah Ed, 1407 on the
ES
[07:46 am] lisas : UBNT dropping, can’t get
shares at TS
[07:46 am] joeytsa : opened around the 1392
area
[07:46 am] joeytsa : SHLD nice hold of
vwap[07:57 am] doji : I am falling asleep
[07:58 am] skydiver : watching CRM slowly
moving down toward vwap[08:02 am] eddy :
BRCM droping[08:02 am] hportofino19 :
lol[08:02 am] hportofino19 : cern…
[08:03 am] skydiver : missed CERN drop- and
on my screen in front of my nose
[08:03 am] scalpman : Out 3/4 CERN S
[08:03 am] skydiver : glad someone got CERN
S – nice scalp
[08:05 am] jsn13 : doji are you in GWR
short?
[08:06 am] scalpman : I got bumped once from
CERN…but stayed with it.
[08:06 am] skydiver : good one Mitch 🙂
[08:06 am] doji : No Jason
[08:06 am] hportofino19 : yes nice
[08:06 am] Ed : at this rate we will not age
then
[08:06 am] scalpman : I missed GWR…got
impatient.
[08:07 am] jsn13 : what did u trade today
doji?
[08:07 am] scalpman : Lookin for breakdown
of CERN…holding a piece.
[08:07 am] skydiver : doji – probably
sleeping 🙂
[08:08 am] Ed : sorry Mitch
[08:08 am] Ed : the “ole” man got me
[08:08 am] scalpman : All out CERN…
[08:10 am] skydiver : well – my time is up
— see you all tomorrow.
[08:11 am] Ed : c ya sky
[08:11 am] qwert : bye sky
[08:11 am] skydiver : 🙂
[08:11 am] scalpman : Bye skydiver
[08:12 am] scalpman : 2nd Helping on
CERN?
[08:13 am] pow : tna rolling over
[08:14 am] pow : TBT HOD
[08:14 am] scalpman : Looking for one more
Quality Trade
[08:15 am] scalpman : Ed, maybe one of those
Lunch time “shorts”….
[08:15 am] Ed : that would be great
[08:16 am] scalpman : ..one that has been
moving up slowly all morning…and sells off
around noon EST…
[08:16 am] jsn13 : Ed, did u take GWR short?
would u have stay through that 10 min
consolidation?
[08:16 am] Ed : nope, never saw post
[08:16 am] mikewd2 -: BKS liking that 20
line
[08:16 am] jsn13 : Ok no prob….
[08:17 am] Ed : looking at it the way I trade
would have taken some off, and been trailing
last portion, so yes would have sat on it
[08:18 am] Ed : through that 10min
consolidation
[08:19 am] jsn13 : with a stop juz above
60?
[08:20 am] Ed : yes
[08:20 am] lisas : OK TSCO haters (ED)
approaching 100 again:)
[08:20 am] Ed : thx lisa[08:20 am] joeytsa :
haha[08:21 am] joeytsa : they hate that
number
[08:21 am] joeytsa : 🙂
[08:21 am] jsn13 : thanks Ed…
[08:21 am] joeytsa : SHLD giving nice trades
off the vwap today
[08:21 am] scalpman : using my shake
weight!
[08:21 am] Ed : no problem
[08:21 am] lisas : not much daily volume,
will probably have trouble breaking out
today
[08:21 am] Ed : seems like it
[08:22 am] lisas : It will have to gap up
after hours to get away from Ed
[08:22 am] Ed : lol[08:23 am] jsn13 : Ed, do
u use ticks chart to trade fast movers like
MDRX?
[08:23 am] Ed : no, I use 1min
[08:24 am] joeytsa : IGPG into $56, strong
day
[08:25 am] hportofino19 : 1 min / 1 day or 1
min today?
[08:25 am] Ed : I use 1min 2days
[08:25 am] joeytsa : good to know Ed,
thanks
[08:27 am] Ed : on some platforms it may be
1min 1day. For clarificatiion I like to see
today and prev. day
[08:28 am] jsn13 : Ed, did u get into mdrx?
what price did u get in and how wide is ur
stop?
[08:28 am] hportofino19 : got it! thanks
[08:29 am] joeytsa : smart chart setup
[08:30 am] Ed : 2 entries, 10:51/aggressive
entry and 11:01/conservative
[08:31 am] Ed : those are prices not times
[08:31 am] joeytsa : nice Mitch, great
pullback on WLK, sitting on prev cl
[08:32 am] jolliffboy : Mitch, do you have a
scientific wild guess at to bottom for
SIMO
[08:32 am] jsn13 : u went in half at the
open of the bar after the max volume?
[08:33 am] Ed : yes based on that and price
not take out yesterdays low
[08:33 am] victor51 : missed WLK by 2
pennies
[08:34 am] Ed : kind of like putting all
pieces together but in warp speed, the more u
practice it seems to slow down
[08:34 am] jsn13 : and the reason u added at
11.01 is because?
[08:34 am] joeytsa : $232 big # for AMZN so
far
[08:34 am] jsn13 : im still finding my other
pieces….haha…
[08:35 am] joeytsa : haha[08:35 am] joeytsa
: nice Mitch
[08:36 am] joeytsa : both the trade and the
Cirque reference 🙂
[08:36 am] Ed : conservative entry, after
allowing it to bottom, if it was going to be
my only entry at 11.01 price on 11:09 bar I
would have passed due to risk/reward
[08:38 am] Ed : just sharing how “I” trade
[08:38 am] joeytsa : appreciated, thank
you
[08:39 am] joeytsa : Mitch with the trading
clinic !!!!
[08:39 am] jsn13 : thats the reason i avoid
this kind of fast movers cos i like to see
more confirmations…but once the bar is
closed, the profit potential already
shrank….
[08:39 am] Ed : no problem
[08:40 am] joeytsa : HLF
[08:40 am] joeytsa : down $3.50
[08:41 am] amma : Thanks Ed. 🙂
[08:41 am] joeytsa : somethings up
[08:41 am] doji : HLF had strong Q1
earnings
[08:42 am] joeytsa : one heck of a fall
[08:42 am] qwert : halted
[08:42 am] doji : Is it halted?
[08:42 am] doji : yes
[08:43 am] joeytsa : doji: its just mike
taking profits hahah[08:43 am] hportofino19
: whats a circuit breaker? appologize ahead
of time for my rookieness[08:43 am] doji :
Yes, I agree Joey
[08:43 am] jsn13 : thanks Ed for ur sample
answers…i like the way u find concrete
signals to confirm ur instinct…
[08:44 am] scalpman : OUt 1% SIMO L
[08:44 am] joeytsa : hportofina: cb gets
triggered on large drops
[08:44 am] joeytsa : NUS alert
[08:45 am] Brent : if a stock moves 10% or
more in a 5 min period it can trigger a
circuit breaker that halts trading
temporarily
[08:45 am] hportofino19 : thanks
[08:45 am] joeytsa : 🙂
[08:45 am] amma : Thanks Ed, Joey. 🙂
[08:46 am] qwert : same sector?
[08:46 am] amma : and Brent for
explanations. :o)
[08:47 am] joeytsa : HLF got upgraded
earlier
[08:47 am] joeytsa : the ole fake left and
go right barry sanders trade hahaha[08:48
am] Ed : weird vol action
[08:48 am] joeytsa : HLF open
[08:48 am] joeytsa : not trusting either
one
[08:49 am] qwert : wow hlf[08:49 am] joeytsa
: dont wanna get caught in that one
[08:49 am] joeytsa : well yeah, trying to
balance your 1 share with mikes 10M
haha[08:50 am] Ed : lol[08:50 am] joeytsa :
i hope mike reads these updates when he comes
back 🙂
[08:50 am] doji : The SPY is having an
impressive day today….
[08:50 am] joeytsa : yeah doji, crazy
[08:51 am] joeytsa : AMZN cons on prev cl
[08:51 am] scalpman : OUt 3/4 SIMO L
[08:51 am] doji : No swing trades for me
though
[08:52 am] doji : only day trade whenever I
can connect
[08:52 am] joeytsa : same here doji, at
least for now
[08:54 am] qwert : hlf open
[08:55 am] qwert : yep
[08:57 am] mh : i got a 1500 dollar lesson
hahh[08:57 am] khall : ouch
[08:57 am] qwert : apparently they are on
the conference call right now
[08:58 am] eyes : AFL
[09:00 am] scalpman : All out SIMO L
[09:01 am] Mitch K: was that your 2nd helping
long scalp?
[09:01 am] Mitch K: in simo[09:02 am]
scalpman : No…from 15.64
[09:03 am] scalpman : I got out in pieces 1%
and then a little higher…
[09:06 am] scalpman : Time to go
….7/9….with one good long on HALF in the
first half hour.
[09:06 am] scalpman : the remainder some
good profits for a good green day.
[09:06 am] Ed : nice going scalp
[09:07 am] scalpman : Calls were great
Mitch, Ed, and Brent….thanks Ed.
[09:08 am] scalpman : Bye all.
[09:08 am] scalpman : Scalpman has left the
building!
[09:09 am] amma : by scalp
[09:13 am] hportofino19 : learned my leason
with HLF….that is keep an eye on the MACD
and stop focusing on the actual
chart….pulled trigger too early. live and
learn!
[09:17 am] hportofino19 : on a simulated
trade that is… 🙂
[09:21 am] Ed : glad ur on simulator
hyportofino[09:22 am] amma : Yep, that’s how
we traders learn hporofino[09:23 am]
hportofino19 : cool ! 🙂
[09:23 am] amma : I meant to say new
traders.
[09:26 am] lisas : some of us experienced
traders go back to sim occasionally trying
new stuff too
[09:27 am] Ed : true lisa[09:27 am] qwert :
lisa did you sell some of your mnst
yesterdy?
[09:27 am] lisas : Yes, bought it back this
am
[09:27 am] qwert : nice
[09:28 am] lisas : I almost missed it, was
not going to trade yesterday, but check
positions on my droid
[09:28 am] Ed : what is a droid??
[09:28 am] lisas : really?
[09:28 am] Brent : C3PO
[09:28 am] qwert : haha[09:28 am] lisas : I
take him everywhere
[09:28 am] qwert : lol[09:28 am] lisas : he
drives my car too
[09:29 am] lisas : and my spaceship
[09:29 am] Ed : guess I need to watch star
wars
[09:29 am] lisas : My phone
[09:29 am] Ed : never liked it
[09:29 am] qwert : these are not the droids
that your looking for
[09:29 am] lisas : verizon[09:29 am] lisas
: Android?
[09:30 am] lisas : funny qwert. Our daughter
had a coffee mug made up for her Dad with
that saying and picture
[09:30 am] Ed : Im confused, droids,
spaceships, android, verizon, he drives my
car??
[09:30 am] Brent : yeah my grandpa didn’t
like star wars either Eddie
[09:30 am] Ed : lol[09:30 am] qwert :
haha[09:30 am] lisas : See what your missing
living in Richmond
[09:30 am] qwert : lol[09:30 am] Ed : too
funny
[09:31 am] lisas : Maybe you’re an iphone
guy?
[09:31 am] amma : I didn’t like the new star
wars but love the old ones.
[09:31 am] Ed : as in E.T.???
[09:31 am] lisas : lol[09:33 am] mh :
anyone taking HLF long here
[09:34 am] Ed : Im done with it, still in
downtrend also
[09:34 am] mh : thanks ed[09:35 am] Ed : so,
2morrow is wifey bday, should I tell her she
needs to fix me a nice dinner bcuz she is
lucky to have me???
[09:35 am] lisas : yes, definately[09:36 am]
doji : absolutely Ed, don’t expect less
[09:36 am] lisas : we need some
excitement
[09:36 am] Ed : cool, will let u know how it
goes
[09:36 am] lisas : get video
[09:36 am] lisas : post on facebook[09:36
am] Ed : lol[09:37 am] lisas : speaking of
dinner, lunch time
[09:37 am] Ed : hmm, Im hungry
[09:38 am] doji : Disclaimer: The
recommendations given on this room is not
intended to afect the sex.. life on coupled
trading here. We need to emphasize that
……[09:38 am] doji : That is for you
Ed!
[09:38 am] doji : couples
[09:38 am] lisas : funny doji[09:39 am] Ed :
Its too late
[09:39 am] doji : You still have your
saturday’s nights
[09:39 am] Ed : sure do
[09:45 am] amma : You guys are too funny!
🙂
[09:46 am] doji : Amma, how do you know
about Ed’s Saturday nights
[09:46 am] doji : ?
[09:46 am] Ed : she saw the commercial
[09:47 am] joeytsa : NUS lod[09:47 am] amma
: I never tell secrets.
[09:47 am] Ed : good one
[09:50 am] joeytsa : HLF testing lod[09:50
am] joeytsa : what was the news?
[09:51 am] Ed : someone mentioned earmings I
think
[09:51 am] joeytsa : ahhh[09:51 am] doji :
It had string Q1 earnings
[09:51 am] doji : strong
[09:51 am] joeytsa : found it…
[09:52 am] joeytsa : Einhorn questioned why
HLF had stppped disclosing distributor names
in its annual filings
[09:52 am] joeytsa : he’s a big short-seller
🙂
[09:53 am] amma : LOL 🙂
[09:53 am] joeytsa : he did it during their
earnings call haha[09:57 am] amma : Gotta
go. Have a great rest of the day. 🙂
[09:57 am] Ed : c ya amma[09:57 am] Brent :
take care amma[09:58 am] amma : We’re “Outta
here Roy”. :o)
[10:00 am] doji : Oil stocks very strong
today
[10:02 am] mikewd2 -: oil 106.33
[10:02 am] joeytsa : big day
[10:06 am] mikewd2 -: time to start looking
at the oil short etfs?
[10:06 am] doji : ES is solidly above the
1400 level.. we should see higher highs in
the market by Friday is the unemployment rate
number stay the same or improve
[10:06 am] joeytsa : or short oil?
[10:06 am] doji : if
[10:06 am] mikewd2 -: i don’t have a futures
acct
[10:07 am] joeytsa : open up a small $5M
account 🙂
[10:07 am] mikewd2 -: will consider
[10:07 am] doji : chicken feed for Mike
[10:07 am] mikewd2 -: will you lend me
4.9M?
[10:07 am] joeytsa : agreed doji..SPY at the
top of bearish wedge..looking for
higher…
[10:07 am] doji : Can you lend me
$4.999999999M Mike?
[10:08 am] mikewd2 -: haha[10:08 am] joeytsa
: quick spike on LNKD
[10:12 am] joeytsa : tighten stop if short
NUS
[10:12 am] joeytsa : not sure if $49 will
hold as support or not
[10:15 am] joeytsa : SFLY spike
[10:16 am] joeytsa : that LNKD spiked off of
$017, came right back
[10:16 am] joeytsa : $107
[10:21 am] joeytsa : IPGP pulling back
more
[10:24 am] joeytsa : i’ll take 50cents all
day long 🙂
[10:25 am] Ed : NTAp very strong
[10:27 am] joeytsa : nice chart Ed
[10:42 am] joeytsa : thx, big pullback
[10:43 am] joeytsa : testing prev lo
[10:43 am] mikewd2 -: back below the point of
the rumor yesterday
[10:43 am] Ed : amazing how that happens
[10:43 am] joeytsa : needs to hold $64
[10:44 am] joeytsa : ES has been trending
down almost 2 hours now
[10:45 am] joeytsa : big ES move had a nice
combo…
[10:46 am] joeytsa : buy stops were getting
filled, good ISM # then triggered more buy
programs
[10:46 am] joeytsa : lunchtime, make some
$$
[10:46 am] mikewd2 -: bye joey
[10:47 am] Ed : c ya in bit joey
[10:47 am] lisas : bye joey
[10:54 am] eddy : all out mnst[10:56 am] Ed
: thx Brent
[10:56 am] lisas : yes, very nice Ed!
[10:56 am] eddy : good one ED thanx for
bothh www and mnst.i took them both
[10:57 am] Ed : nice trading guys/gals
[10:57 am] cdougan : me too! Thanks Ed!
[10:57 am] Ed : hey there cdougan u new?
[10:57 am] cdougan : yep. 2nd day
[10:58 am] Ed : welcome, glad to have
youi[10:58 am] cdougan : thanks. This has
been very helpful.
[10:59 am] lisas : shoot Mitch, I want $80
again
[11:02 am] joeytsa : beautiful trade on
MNST
[11:03 am] Ed : it tried to wait for you at
64
[11:03 am] doji : Missed MNST
rebound…..
[11:03 am] joeytsa : i love that pattern,
on 2nd test of $64 with pos div 🙂
[11:05 am] joeytsa : very low risk trade,
anywhere from 4:1 to 10:1 r/r
[11:05 am] mikewd2 -: now you tell me –
haha[11:06 am] joeytsa : i know you see it
mike
[11:06 am] mikewd2 -: i didn’t make the
trade, i don’t like the vol on this guy
[11:07 am] joeytsa : prev low $64, prev cl
$65
[11:08 am] doji : FST tring to break 12
[11:08 am] mikewd2 -: that’s twice i missed
the 11.65 area – dang it
[11:08 am] mikewd2 -: twice
[11:09 am] doji : Need more volume
[11:14 am] doji : MNST
[11:25 am] qwert : aapl at 50 sma on
daily
[11:25 am] Ed : thx qwert[11:25 am] qwert :
🙂
[11:26 am] joeytsa : can you imagine if AAPl
had an earning miss
[11:26 am] Ed : dow 6k ?????
[11:26 am] joeytsa : yep, AAPLY sitting at
$420
[11:26 am] qwert : haha[11:26 am] Ed : so
easy to hypothesis
[11:27 am] joeytsa : very true
[11:27 am] joeytsa : but that one day is
their only saving grace recently
[11:27 am] Ed : thats 4 certain
[11:28 am] joeytsa : unfortunately i cant
see the future
[11:32 am] cdougan : Question on selling. I
notice all of you reduce your position
multiple times before completely closing
it.
[11:32 am] qwert : NUS dropping
[11:33 am] cdougan : Any rules of thumb for
a novice trader.
[11:33 am] cdougan : ?
[11:33 am] qwert : i take half trade off at
1% tgt cdougan[11:34 am] joeytsa : HLF
testing $53
[11:35 am] joeytsa : cdougan: the mods are
really good in that area
[11:36 am] joeytsa : all 3 of them are good
at scaling out
[11:36 am] cdougan : Thanks fellas. I’ll
keep watching for more examples.
[11:38 am] joeytsa : FIRE spike
[11:39 am] joeytsa : HLF failed at$53, now
testing 52
[11:41 am] Ed : weak and weaker
[11:41 am] joeytsa : nice bounce though
haha[11:41 am] joeytsa : too quick for me
[11:41 am] Ed : it was, turn ur head and
gone
[11:41 am] joeytsa : still dont trust it
[11:42 am] joeytsa : has to hold here and
push above 15ma, then might have a chance to
hit $54
[11:44 am] qwert : joey which ma’s do you
use on your 1 min chart?
[11:44 am] joeytsa : 5/15…think those were
the original ones Mitch used on his dvd[11:45
am] qwert : okay thx i use 5/20 now
[11:45 am] joeytsa : and those are sma’s
not ema’s[11:45 am] qwert : same here
sma[11:45 am] joeytsa : might try ema’s out
sometime…i use ema’s on daily charts with
20/50/200
[11:45 am] joeytsa : its really what you get
used to
[11:46 am] qwert : i use sma and ema 200 on
daily but the rest are all sma[11:46 am]
mikewd2 -: i use 5/20
[11:46 am] joeytsa : same with
stochastics[11:46 am] joeytsa : i use 876, i
see on the chart that is 465
[11:46 am] shark : HLF
[11:46 am] joeytsa : shark !!! on it
[11:46 am] shark : testing 21min ma
[11:46 am] shark : 🙂
[11:47 am] mikewd2 -: i use 10 8 7
[11:47 am] qwert : i use 8,7,6 on intraday
but 10,8,7 on daily
[11:47 am] joeytsa : right, its what you get
used to and making it work
[11:48 am] joeytsa : NUS trying to do
something
[11:48 am] victor51 : Joey, 1st day of month
spike worked for me. I bought some SPY
yesterday and out now. Thanks.
[11:48 am] Ed : i use
100,99,98,97,96,95,94,93,92,91,90,etc
[11:48 am] joeytsa : just send me my
commission 🙂
[11:48 am] Ed : just kidding
[11:48 am] qwert : haha[11:48 am] joeytsa :
haha[11:49 am] mikewd2 -: u still getting
half for commission joey?
[11:49 am] joeytsa : victor: that ISM, stop
filling helped out
[11:49 am] joeytsa : HLF really fighting
here at $53
[11:49 am] joeytsa : about 4:1..i just dont
trust it haha[11:53 am] eyes : Good Night
Everyone
[11:54 am] shark : bye eyes
[11:54 am] Ed : take care eyes
[11:54 am] joeytsa : HLF having probs now at
53.50
[11:54 am] shark : HLF riding 10min up
[11:55 am] shark : might retest 21min
[11:55 am] joeytsa : just watching stocks
trade is a huge learning experience
[11:58 am] shark : both halves of my HLF
looking nice
[11:59 am] shark : testing 50min res
[11:59 am] joeytsa : so far HLF hit 3:1,
still trying for that 4:1. looks like its
getting a bit tired
[12:00 pm] joeytsa : nice going Ed, thx
Brent
[12:00 pm] shark : Ed out at VWAP res
[12:00 pm] joeytsa : mike must have returned
his protein 🙂
[12:01 pm] mikewd2 -: yeah, both bottles
[12:01 pm] shark : Joey-you prefer going to
VSI or GNC for product over the counter?
[12:02 pm] joeytsa : i never go to GNC
[12:02 pm] shark : HLF over 50min ma
[12:02 pm] joeytsa : theres your 4:1 on HLF
🙂
[12:02 pm] joeytsa : guess i should have
trusted it
[12:02 pm] shark : what is 4:1?
[12:02 pm] qwert : thx for GNC brent 🙂
[12:02 pm] Brent : consider reducing GNC if
long
[12:02 pm] joeytsa : reward/risk at the
time
[12:03 pm] shark : thx
[12:03 pm] joeytsa : $53 entry, 25cent stop
just below 15ma at the time, target $54
[12:03 pm] shark : ahhh, gotcha! 🙂
[12:04 pm] shark : 1/2 out HLF
[12:04 pm] Ed : nice Brent Meister
[12:04 pm] joeytsa : only need 25% hit rate
to make money 🙂
[12:06 pm] joeytsa : you rock Mitch !!!
[12:06 pm] Ed : u did Mitch
[12:06 pm] qwert : nice mk[12:07 pm] shark
: you were on it, Mitch
[12:13 pm] cdougan : I’m out everyone.
Thanks for the great calls and learnings.
[12:14 pm] joeytsa : bye cdougan[12:14 pm]
Ed : take care cdougan[12:15 pm] Brent : have
a good night cdougan[12:25 pm] ogking : Nice
Call Ed on MNST you never go broke making a
profit!
[12:25 pm] Ed : lol[12:26 pm] Ed : thx
ogking[12:26 pm] doji : I missed MNST!
[12:27 pm] doji : MNST still holding 67
[12:30 pm] doji : hahah I was watching the
SPY on the 1min for the last two hours and
seeing the drop but when you see the whole
day, it has dropped nothing
[12:30 pm] doji : or call it “marginally?
[12:31 pm] qwert : MNST needs to lose
66.75
[12:33 pm] shark : HLF still moving
[12:34 pm] shark : KORS nice move back up
[12:35 pm] shark : pocket pivot in today’s
price/vol action
[12:36 pm] ogking : Thanks Every one, need
to atend to my tec side computers giveing
mores code flashing see ya all tommorow[12:36
pm] doji : Hey Sharky, can you send me an
e-mail with an example of your famous pocket
pivot? [email protected]
[12:36 pm] doji : Thanks!
[12:37 pm] qwert : same here shark
[email protected]
[12:37 pm] qwert : :))
[12:38 pm] doji : MNST holding vs. SPY
[12:40 pm] shark : all out HLF
[12:44 pm] shark : appx $1.40/share on
HLF
[12:44 pm] shark : nice move
[12:52 pm] shark : UBNT reports after the
bell
[12:52 pm] shark : nice pocket pivot
today
[12:58 pm] lisas : are you holding it shark,
UBNT?
[12:58 pm] lisas : I had it, but sold
because of earnings
[01:00 pm] qwert : good night everybody
[01:02 pm] joeytsa : much more action today
than yesterday
[01:02 pm] joeytsa : Thanks Mitch, Brent,
Ed..everyone[01:03 pm] lisas : Thanks Mitch,
Brent, Ed and all. Have a great nite!
[01:04 pm] shark : Great job everyone! Thx
for the awesome communication! (you know who
you are)
[01:05 pm] shark : 😉
[01:05 pm] joeytsa : nice action
[01:06 pm] shark : fun last minute trades
too
[01:06 pm] shark : UBNT
[01:06 pm] joeytsa : not sure Mitch
[01:07 pm] shark : earnings:
[01:07 pm] shark : ACI, ADM, ADP, AVP, BDX,
BIIB, BP, BPI, CCC, CCJ, CMI, DPZ, EMR, ENDP,
HSP, LM, ODP, PFCB, PFE, POZN, SAVE, VLO, VQ,
WEC, ALSK, AMAG, ACAS, RATE, CBOE, FISV,
FLEX, FORM, KNDA, OKE, OPEN, TWTC, TRLG,
VRSK, VOCS, WBMD, WMGI, and AUY.
[01:07 pm] joeytsa : maybe
OPEN,VLO,BRCM?
[01:07 pm] joeytsa : nice list 🙂
[01:07 pm] shark : 🙂
[01:07 pm] shark : I waited ALL day for
Mitch to ask
[01:07 pm] joeytsa : i wasnt sure which were
pre or post
[01:07 pm] shark : not sure either
[01:09 pm] shark : 🙂
[01:11 pm] go4it : CHK less than expected
[01:14 pm] joeytsa : earnings is always
interesting to watch
[01:15 pm] joeytsa : TRLG is a retail
clothing?
[01:18 pm] go4it : Hey Joey you there
[01:18 pm] joeytsa : still here
[01:18 pm] go4it : how u do today
[01:19 pm] joeytsa : ok, missed a couple
nice moves
[01:19 pm] joeytsa : how about you
[01:19 pm] go4it : held CHK all day S last
min
[01:20 pm] joeytsa : someday i will learn
how to hold a stock for more than 10 minutes
haha[01:20 pm] go4it : think that last min
spike up was covers
[01:20 pm] joeytsa : makes sense
[01:20 pm] go4it : hahaha it’s a bitch
[01:21 pm] joeytsa : yeah, just something
you have to anticipate i guess
[01:22 pm] go4it : had 1k shs wanted to hold
500 over but paniced and sold all for decent
profit
[01:22 pm] joeytsa : just another factor
which makes trading tricky
[01:22 pm] joeytsa : nothign wrong with
being flat
[01:22 pm] joeytsa : can always buy it
tomorrow
[01:22 pm] joeytsa : its not like back in
the day with $100 commissions haha[01:23 pm]
go4it : I was thinking it will gap up
[01:23 pm] go4it : overnight
[01:23 pm] joeytsa : im not even sure what
Im having for dinner, much less what some
company will do overnight haha[01:23 pm]
go4it : make that gap down hahaha[01:24 pm]
joeytsa : its like the old saying…
[01:24 pm] joeytsa : everybody has a plan,
until you punch them in the mouth
[01:24 pm] go4it : whats dat[01:25 pm]
joeytsa : i can think this or that, but if
iran decides to bomb us…all that thinking
goes out the window
[01:25 pm] go4it : haha I lke “it’s better
than a poke in the with a shrp stick”
[01:25 pm] joeytsa : but thats just me,
some people love holding things
[01:25 pm] joeytsa : 🙂
[01:26 pm] joeytsa : Mitch is good with
finding and playing swings…
[01:26 pm] joeytsa : i can find them, im
just not fond of playing them
[01:26 pm] joeytsa : and i used to swing
trade fairly regularly
[01:26 pm] go4it : I’m with you Joey I’m
sticking to scalps
[01:27 pm] joeytsa : its weird how i do thru
phases..i like this, then i like that
[01:27 pm] joeytsa : same with
options…used to do them more, havent
touched them recently but need to get back
in
[01:27 pm] go4it : life is change my
friend
[01:27 pm] joeytsa : yep
[01:28 pm] go4it : hey I gotta drop off
Pensons latest corrected 1099 at acct peace
out!
[01:28 pm] joeytsa : enjoy, see you
tomorrow
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