[06:12 am] Ed : good morning traders
[06:14 am] Mitch K: you guys know that there
is a public vote tomorrow in Greece? The
withdrawal rate from banks increased to
$1billion USD today, highest so far.
[06:15 am] Mitch K: the banking system in
Greece is estimated to only have $160
billion.
[06:17 am] Mitch K: This one guy who is
running for prime minister of Greece is
calling for rejectino of the current bailout
and return to the Drachma. I think that was
his only chance at getting voted in to appeal
to the people who want the same benefits that
got the country in financial trouble in the
first place. and this guy might win. so we
are seeing history before our eyes
[06:18 am] Mitch K: the market could react
positively at first if Greece exits the euro,
hard to tell
[06:19 am] Mitch K: i always think business
or individuals should be file bankruptcy
because it is easier to start again and they
get penalized for making mistakes
[06:20 am] Mitch K: either way, i think we
are going to get volatility and that is where
we make money
[06:32 am] Mitch K: watching ERJ for bottom
to buy
[06:32 am] Mitch K: watching EXPE for bottom
to buy
[06:33 am] Mitch K: let these bottoms go down
further than normal
[06:33 am] Mitch K: watching TKR for bottom
to buy
[06:33 am] Mitch K: watching REGN, SHLM, FSLR
for bottom to buy
[06:34 am] Mitch K: watching VPRT for bottom
to buy
[06:34 am] Mitch K: watching KMT for
bottom
[06:35 am] Mitch K: watching CIE, URBN for
bottom to buy
[06:36 am] Mitch K: watching PH, CMCSA, CLR
for bottom
[06:37 am] Mitch K: monitoring GPN for
bottom
[06:37 am] Mitch K: watching QCOR for
bottom
[06:37 am] Mitch K: watching JCP for short
[06:38 am] Mitch K: watching WLK for
bottom
[06:38 am] Mitch K: watching CTCT for
bottom
[06:39 am] Mitch K: watching for small short
on top of TFM
[06:39 am] Mitch K: watching ABX for
bottom
[06:39 am] Ed : monitor KORS for pullback to
41.10 area and hold to take long
[06:40 am] Mitch K: watching for top in LNCR
to short
[06:41 am] Mitch K: be flex
[06:41 am] Mitch K: ERJ bouncing, looking for
27.35 area
[06:42 am] Mitch K: monitoring KORS
[06:43 am] Mitch K: watching NYX for
bottom
[06:43 am] Mitch K: watching BHI for
bottom
[06:44 am] Mitch K: watching CASY for
bottom
[06:45 am] Mitch K: watching APOL for
bottom
[06:45 am] Mitch K: watching TFM closer for
top to short
[06:47 am] Ed : monitor AAPL on this pullback
see if get test of 576.16 and hold b4 taking
long
[06:47 am] Mitch K: consider selling most of
GPN long
[06:48 am] Mitch K: watching CTCT closer
[06:48 am] Mitch K: SMG should get multiple
trades today, Scotts Miracle Gro
[06:49 am] Mitch K: watching LNKD for top to
short
[06:49 am] Mitch K: watching PII for
bottom
[06:50 am] Mitch K: watching TWC for
bottom
[06:51 am] Ed : SPY new lod
[06:52 am] Mitch K: watching REGN closer
[06:52 am] Mitch K: you should be out of EXPE
long
[06:54 am] Mitch K: consider gradual selling
out of NYX long
[06:55 am] Mitch K: CASY bottoming
[06:56 am] Mitch K: consider covering TFM
[06:57 am] Mitch K: consider covering LNKD
[06:58 am] Mitch K: still watchign CTCT for
bottom
[06:58 am] Mitch K: consider covering KORS
short
[06:58 am] Mitch K: SMG toppy
[07:01 am] Mitch K: monitoring RPTP
[07:01 am] Mitch K: FSLR trying to bottom
[07:02 am] Mitch K: should be out of TFM
short; removing from screens
[07:03 am] Mitch K: consider covering most of
LNCR short
[07:03 am] Mitch K: watching ROC for
bottom
[07:06 am] Mitch K: watching ALXN for short
on top of bounce; missed bottom
[07:09 am] Mitch K: should see this spike in
indexes get some selling into it
[07:10 am] Mitch K: looking for shor tin
LNCR
[07:10 am] Mitch K: good time to look at
reducing longs on this spike
[07:11 am] Mitch K: consider reducing ROC
long
[07:12 am] Mitch K: watching MPO,
monitoring
[07:13 am] Mitch K: FSLR stuck, no like
[07:14 am] Mitch K: reduce PII as this rises,
incremetns
[07:14 am] Mitch K: consider selling REGN
[07:14 am] Mitch K: consider reducing TWC
long position
[07:16 am] Mitch K: with this rise we are
having in the indexes now, start monitoring
stocks for tops to short, no hurry, but
should get a good cycle of shorts
[07:18 am] Mitch K: consider reducing APOL as
moves up
[07:19 am] Ed : WFM alert
[07:20 am] Ed : WFM ADVANCED TRADE
[07:28 am] Ed : if u took WFM long would
reduce
[07:31 am] Ed : out all WFM long
[07:31 am] Ed : looking for 89.98 on final
piece long WFM
[07:32 am] Ed : monitor SMG for potential
short
[07:33 am] Mitch K: good one on WFM guys
[07:35 am] Ed : no signal in SMG be
patient
[07:37 am] Mitch K: i like these kind of
days, a good mix of speculation and fear
gives trades both ways
[07:43 am] Mitch K: in other words, multiple
trades
[07:43 am] Mitch K: shouldnt have taken TFM
off screen, deeper selling and excellent
rebound
[07:44 am] Mitch K: CASY trade slowly moving
up, could easily get to 54.75 area
[07:45 am] Mitch K: watching MLNX for top to
short
[07:48 am] Mitch K: SPY should pullbacka
little bit here
[07:55 am] Mitch K: every 15-20 min, get up
stand up, and shake a little bit, get the
blood moving and not all pooled up around
your butt, you stay a little more alert
[07:56 am] Mitch K: all the people who
updated the prices on chalkboards were not
allowed to talk or else fired
[07:56 am] Mitch K: but he had chalkboards
with prices, no computer screens
[07:56 am] Mitch K: you guys notice Jessie
Livermoore always stood up, never sat down
until market was closed
[07:57 am] Mitch K: i tried to tell that to
my wife but she didnt get the hint, lol
[08:05 am] Ed : getting pullback in SPY
[08:11 am] Mitch K: monitoring NTES drop
[08:11 am] Mitch K: consider selling MPO
long
[08:39 am] Mitch K: consider selling NTES if
long
[08:39 am] Ed : getting pullback in SPY
[08:52 am] Ed : more selling in SPY
[09:05 am] Ed : more selling in markets
[09:14 am] Mitch K: Dimon testimony over,
should get a pop
[09:15 am] Mitch K: still watching DECK
[09:45 am] Ed : SPY new hod
[09:46 am] Mitch K: consider selling some of
DECK
[09:51 am] Ed : getting pullback in SPY
[10:09 am] Mitch K: no hurry to sell
remaining DECK long
[10:12 am] Mitch K: good job hall
[10:14 am] Mitch K: early sell signal with
DECK; would not short it though
[10:23 am] Ed : watching VMED for bounce
would like more selling into low 22ish area
thx murano
[10:45 am] Ed : getting some selling min
markets
[10:57 am] Ed : more selling in markets
[10:57 am] Mitch K: Greece unemployment rate
21.9% now, thats higher than, hmmm, college
graduates in US
[11:23 am] Ed : monitroing NKE for potential
bounce thx murano
[11:42 am] Ed : more selling in markets
[11:42 am] Ed : reducing 3/4 NKE long
[12:13 pm] Ed : reducing 3/4 VMED long
[12:17 pm] Ed : SPY new lod
[12:44 pm] Ed : SPY trading near lod
[12:49 pm] Ed : SPY new lod
[12:59 pm] Ed : have a great night traders
|
[06:21 am] cdougan : Morning all. Does
anyone here use Ninja Trader?
[06:21 am] doji : hahaha agree Gary, just
let’s know when you are in
[06:21 am] skydiver : I’m learning it now
cdougan
[06:22 am] garyb : ok
[06:22 am] cdougan : Hey Sky, What broker
and Data Feed do you use?
[06:22 am] garyb : Might be deja vue from
last summer…we’ll see
[06:23 am] doji : I am watching STJ, ZNGA,
KORS and FSLR from yesterday’s trades
[06:23 am] khall : I use it cdougan
[06:23 am] joeytsa : good list doji
[06:23 am] joeytsa : cdoug: i use ninja for
futures
[06:23 am] skydiver : I am with Lightspeed –
but hooking it up for now with esignal —
temporarily – I execute orders thru
Lightspeed
[06:24 am] shark : watching JVA -missed by
.29
[06:24 am] shark : down 16% premarket
[06:25 am] cdougan : I was wondering if
anyone uses IB as a broker and their data
feed for Ninja Trader. Or if they have a
sperate data provider? or Broker
[06:25 am] shark : it has becom a lower vol
stock
[06:26 am] khall : I use IB but also have
Kinectick as a data feed
[06:27 am] cdougan : thanks Khall. I was
told that the IB feed was slower but I wasn’t
sure if that made a difference or not.
[06:27 am] victor51 : good morning all
[06:27 am] khall : I would go with another
data feed.
[06:27 am] khall : I was not happy with just
the IB feed
[06:28 am] cdougan : ok. Do you place your
orders in NT or through IB?
[06:28 am] khall : nt
[06:28 am] cdougan : cool thanks for the
info
[06:28 am] khall : I connect my main data
feed, then IB
[06:28 am] khall : you need to connect in
that order for things to work properly
*** austria -, Welcome to the
TradeStocksAmerica Live Trading Room
[06:29 am] cdougan : ok good to know.
Thanks
[06:29 am] khall : you are welcome
[06:30 am] doji : Time to Rock!
[06:31 am] garyb : Yes!
[06:32 am] doji : KORS
[06:34 am] joeytsa : tigthen stop if long
JNJ
[06:34 am] doji : ZNGA lost 5
[06:35 am] doji : Wacthing LEN to buy
[06:35 am] scalpman : JNJ S @64.47
[06:36 am] joeytsa : CRM trying to hold
$129
[06:36 am] doji : Long green candle in
SPY
[06:37 am] scalpman : Covering b.e. JNJ
[06:39 am] doji : all out TFM
[06:39 am] doji : out 1/2 KORS L
[06:39 am] joeytsa : nice doji, good move
[06:39 am] shark : nice joey
[06:39 am] shark : sorry, doji
[06:40 am] doji : Thanks Ed
[06:40 am] doji : aggg left money on TFM
long
[06:40 am] joeytsa : ES tesing 1310
support
[06:41 am] joeytsa : yeah you did doji
[06:41 am] joeytsa : thats ok though
[06:41 am] joeytsa : MCD strong so far
[06:41 am] shark : yeah, very
[06:41 am] scalpman : Reemter JNJ S @
64.64
[06:42 am] shark : AAPL up on day
[06:42 am] doji : out another 1/4 KORW
[06:42 am] doji : KORS
[06:43 am] doji : all out KORS
[06:43 am] scalpman : JNJ supp at .40…see
if it will break
[06:43 am] doji : S KORS
[06:43 am] doji : stop above 42.08 50DMA
[06:44 am] doji : I don’t want to look at
TFM…
[06:44 am] joeytsa : great call on EXPE
Mitch
[06:45 am] scalpman : Out small profit JNJ
stock still strong
[06:46 am] joeytsa : yeah scalp, its not
starting to look a bit weak
[06:46 am] joeytsa : eye on VRTX
[06:46 am] scalpman : failed new high or
possible 2nd leg on the test of high
[06:47 am] scalpman : JNJ in trading range
for a while
[06:47 am] scalpman : moving on
[06:48 am] doji : out KORS 1/2 S
[06:48 am] shark : nice doji
[06:49 am] doji : FST new 52-week low
[06:49 am] joeytsa : CELG still trending
up..slowly though
[06:50 am] doji : 2nd leg long TFM
[06:50 am] joeytsa : CRM testing $129
again
[06:50 am] doji : Nice breakout in TFM,
yes!
[06:50 am] joeytsa : ES losing 1310
[06:50 am] doji : Lacking volume so
tralining stop
[06:50 am] shark : AAPL breaks below be
[06:51 am] shark : SPY new lod
[06:52 am] shark : JVA retest lod
[06:52 am] joeytsa : REGN trying to hold
$119, looks weak
[06:52 am] doji : out 1/4 KORS S
[06:52 am] garyb : Mike….check UVXY
out….on a rampage!!! lol
[06:52 am] joeytsa : yes Mitch, thank you
[06:52 am] doji : All out KORS
[06:52 am] scalpman : JNJ S (3rd time) @
64.38
[06:53 am] shark : nice Dojimeister! 🙂
[06:53 am] scalpman : target JNJ 63.80
[06:53 am] doji : You had to hold your
breath for the fisrt 20min Gary
[06:54 am] garyb : well the nice thing is
doji ..I have my stop at B/E so I don’t lose
$$$
[06:54 am] doji : GMCR spiking higher
[06:54 am] garyb : but I don’t want to miss
out on profit either
[06:54 am] doji : aggg left money on KORS
short again….
[06:54 am] shark : yup
[06:54 am] doji : KORS L
[06:55 am] doji : stop at b/e
[06:55 am] doji : 40.64
[06:55 am] Ed : u could hvae use that
breakout not holding as short, same for aapl,
when those areas did not hold voids long
which mean good short most of time
[06:55 am] shark : agreed, Ed
[06:56 am] doji : I took profits in 1/4
although Ed… thanks for the lesson
[06:56 am] shark : SPY new lod
[06:56 am] joeytsa : tighten stop on REGN if
you shorted
[06:56 am] doji : Watching TFM and KORS for
long
[06:56 am] Ed : no problem for next time
[06:56 am] shark : waiting to long, REGN,
joey
[06:57 am] joeytsa : might set up shark
[06:57 am] joeytsa : watching HAR from
yseterday
[06:59 am] joeytsa : report coming out any
minute
[06:59 am] doji : LEN
[06:59 am] doji : Which one Joey?
[06:59 am] shark : REGN $1 above 100day
ma
[07:00 am] joeytsa : bus inv in line
[07:02 am] scalpman : Out 1/2 JNJ
[07:02 am] doji : SPY turning
[07:03 am] joeytsa : BIDU trying between
prev lo and prev cl right now
[07:03 am] shark : CTCT
[07:03 am] scalpman : stopped on SMG
[07:04 am] doji : Thanks Sharky
[07:04 am] shark : 😉
[07:06 am] Ed : nice shark on REGN
[07:06 am] doji : Watching KORS
[07:07 am] shark : all out CTCT, no
profit
[07:08 am] shark : REGN at VWAP
[07:08 am] shark : 1/2 out
[07:08 am] joeytsa : you grabbed that
right
[07:08 am] joeytsa : ok..nice
[07:08 am] shark : CTCT big vol spike
[07:09 am] doji : I like now at 39.37,
20DMA
[07:09 am] doji : KORS
[07:09 am] doji : SPY new hod
[07:09 am] shark : GOOG testing hod
[07:10 am] doji : Missed KORS…
[07:10 am] shark : ok, thx, Mitch
[07:11 am] joeytsa : SMG just beautiful
[07:11 am] shark : JPM bounce off be, missed
it
[07:12 am] doji : Nice 2nd long in TFM
[07:12 am] shark : yeah, doji
[07:13 am] doji : Oil moving ahead of
inventory report in 17min
[07:13 am] doji : Someone know something
[07:13 am] shark : hmmm…
[07:13 am] joeytsa : nice uptrend doji on
crude
[07:14 am] joeytsa : REGN had issues at
$120
[07:14 am] shark : yeah… all out REGN
[07:14 am] joeytsa : me 2
[07:14 am] shark : CTCT peaking above
10,21min ma
[07:14 am] shark : no position, though
[07:18 am] joeytsa : REGN coming in to test
$118 area
[07:19 am] skydiver : WLT – take over
chatter
[07:19 am] joeytsa : nice pullback on TFM
[07:19 am] joeytsa : thx sky
[07:20 am] skydiver : 🙂
[07:20 am] skydiver : take over chatter on
DNDN
[07:22 am] skydiver : L WFM – 88.49 – out
89.19
[07:23 am] skydiver : S WLT 45.82
[07:24 am] doji : WLT?
[07:24 am] shark : REGN double bottom
[07:24 am] joeytsa : yeah, doesnt really
want to lose $118 just yet
[07:25 am] joeytsa : it lost it, but not for
long
[07:25 am] skydiver : out WLT 45.79 short
[07:26 am] skydiver : that’s what I get for
gunslinging — sky back to basics –
[07:26 am] doji : Now it’s dropping Sky
[07:27 am] skydiver : yes — was not in the
zone – ok – now back in zone
[07:28 am] doji : KORS hodling 40 while SPY
has been moving up… it could drop if SPY
reverses
[07:28 am] doji : 2min for oil inventoies
[07:29 am] shark : thx, doji
[07:31 am] doji : News on oil
inventories?
[07:32 am] joeytsa : – 0.2M
[07:32 am] joeytsa : – 1.6M forecast, – 0.1M
last
[07:33 am] shark : thx, joey
[07:34 am] shark : oil stocks moving higher
on news
[07:34 am] doji : Dropped?
[07:34 am] victor51 : Thanks Ed WFM. Holding
1/2
[07:35 am] shark : great call WFM, Ed!
[07:35 am] shark : CTCT double bottom, and
then move higher
[07:36 am] shark : Scotts Miracle-Gro tgt
cut to $50 at BGB Securities on lower ests
following guidance cut
[07:36 am] shark : SMG
[07:38 am] doji : SPY rallying
[07:38 am] eddy : watching WFT for short
[07:39 am] victor51 : WFM all out
[07:39 am] shark : JPM a mini-rocket
[07:39 am] skydiver : nice victor on WFM
[07:39 am] doji : When oil stocks move up,
they disconnect from reality…
[07:39 am] shark : off last b/e
[07:40 am] doji : If oil invetories dropped,
why is the SPY moving up? Is that good for
the economy?
[07:40 am] aussie123 : dow …new hi
…vxx,,new low
[07:41 am] shark : maybe they are down less
than expected, doji?
[07:41 am] eddy : s WFT 12.34
[07:42 am] doji : Eddy, I’ll step aside
shorting oil stocks on days like today when
they look very strong
[07:44 am] eddy : all out WFT
[07:45 am] doji : Joey, any idea why the
market is moving up?
[07:46 am] doji : MLNX 52-week high is
68.26
[07:46 am] doji : has 16c spread
[07:46 am] skydiver : interesting how JPM
went up while CEO of JPM is testifying in
front of Senate banking committee
[07:46 am] doji : Nice KORS broke below
40
[07:47 am] doji : He said “sorry that I lost
4B” yesterday Sky
[07:47 am] skydiver : 🙂
[07:47 am] doji : next quarter will be
better
[07:47 am] doji : you know why? Because
after losing 4B, losing nothing is
“better”
[07:47 am] doji : hahaha
[07:47 am] skydiver : and he also said — “I
promise” 🙂
[07:48 am] shark : watching JPM for poss
top
[07:48 am] shark : watching SMG for top
here
[07:49 am] victor51 : smg turning over
[07:50 am] shark : 🙂
[07:51 am] mikewd2 -: no internet at home,
had to go into town.
[07:51 am] skydiver : Mitch – great call on
CASY moving up 🙂
[07:52 am] skydiver : not fun mike
[07:52 am] garyb : Mike are you in an
internet cafe now?? lol
[07:52 am] mikewd2 -: no, went to my
daughters house
[07:52 am] mikewd2 -: bummed i didn’t get out
UVXY
[07:53 am] mikewd2 -: had nice profit sitting
there when it died.
[07:55 am] skydiver : thnx for that Mitch —
good point 🙂
[07:55 am] shark : good point, Mitch
[07:56 am] joeytsa : very good advice
[07:56 am] shark : no chairs in those
days?
[07:56 am] joeytsa : no computers either
[07:56 am] shark : NO COMPUTERS…hard to
remember those days
[07:56 am] shark : WOW!
[07:57 am] shark : that would be
frontrunning of data
[07:57 am] Ed : lol
[07:57 am] shark : lol
[07:57 am] skydiver : ha ha ha
[07:57 am] lisas : 🙂
[07:57 am] joeytsa : haha
[07:57 am] joeytsa : yeah shark, can you
imagine that
[07:57 am] shark : 1/2 out JPM s
[07:57 am] doji : SPY trying to breakout
here
[07:58 am] shark : yeah…
[07:58 am] skydiver : Well – had lots of
computer issues today – messed my head up a
bit – but ended day small profit — may get
on again around lunch pst – see ya guys and
gals 🙂
[07:58 am] joeytsa : bye scalp
[07:58 am] joeytsa : sky sorry
[07:58 am] shark : have to go back to
chalkboard, sky
[07:58 am] skydiver : yep shark
[07:58 am] scalpman : Mitch…ha
[07:58 am] doji : Guys=Male,
Gals=Femanle?
[07:58 am] scalpman : very funny
[07:58 am] joeytsa : haha
[07:58 am] skydiver : 🙂
[07:58 am] skydiver : I’m gone
[07:59 am] doji : Evrery day is a good day
to learn
[07:59 am] joeytsa : i would like to take a
moment to thank BIDU for moving $1.50 without
me
[07:59 am] scalpman : MLNX testing
support
[07:59 am] doji : hahah
[07:59 am] shark : MLNX strong today
[07:59 am] doji : Better that going $1.5
against you Joey
[08:00 am] mikewd2 -: CJES moving up again
today – go baby go
[08:01 am] joeytsa : had the alert,
hesitated and then still didnt jump on the
cons/break at $118.50 either
[08:01 am] doji : I’d like to take a moment
to thank SLB for moving up $1.6 without me
[08:01 am] jsn13 : joey, u mean using 30 min
breakout strategy for BIDU? that u would
normally enter at the break of 118?
[08:01 am] joeytsa : not 30min breakout,
just looking for the break above $118
[08:01 am] doji : Your average in CJES is
20, right Mike?
[08:01 am] joeytsa : had an alert for a
break to the downside also
[08:01 am] jsn13 : ok ….
[08:02 am] joeytsa : jsn: depending on the
size of your chart, BIDU broke above $118,
then made a bullish flag?, then broke up
again
[08:02 am] joeytsa : on the 1min chart
[08:03 am] joeytsa : same with 2,3 min
chart
[08:03 am] doji : Most stocks get the lod
before 10:00AM
[08:03 am] doji : got
[08:03 am] scalpman : M:NX buyer retreating
lower
[08:03 am] cdougan : looking for a bounce in
ARNA
[08:03 am] joeytsa : some pullback on GS
[08:04 am] shark : 1/2 pos JPM s still
good
[08:04 am] shark : REGN new lod
[08:04 am] scalpman : Out 1/2 MLNX
[08:04 am] shark : SMG long consolidation
here
[08:04 am] garyb : in UVXY again
[08:05 am] shark : nice scalp
[08:05 am] shark : wow gary!! 🙂
[08:05 am] garyb : yeh..I have been eying it
like a HAWK!
[08:05 am] shark : have to sign up for your
UVXY newsletter
[08:05 am] garyb : lol….sure
[08:06 am] scalpman : thanks shark
[08:06 am] joeytsa : they’re gonna start
chargin gary rent
[08:06 am] shark : haha
[08:06 am] garyb : too funny!….I get a
UVXY discount because I am a frequent
shopper! lol
[08:06 am] scalpman : Out another 1/4 M:NX
S
[08:06 am] scalpman : MLNX
[08:07 am] scalpman : All out MLNX
[08:07 am] mikewd2 -: did you get out at open
garyb onUVXY
[08:07 am] joeytsa : detroit might go broke
in 2 weeks
[08:07 am] garyb : The thing is …the stock
is very cheap and moves fast..so if you buy
at the right time…1000 shares can make you
$1000 sometimes…or more..
[08:08 am] shark : cool Joey -fire sale
coming
[08:08 am] joeytsa : some lawsuit
[08:08 am] shark : close call MLNX s
-scalp
[08:09 am] garyb : I mean I bought UVXY at
17.27…now it’s over 18…that’s a nice
lunch! 🙂
[08:09 am] mikewd2 -: i just sold mine garyb
18.05
[08:10 am] garyb : sweet Mike!
[08:10 am] garyb : Lunch is on Mike! lol
[08:10 am] garyb : (at the Internet Cafe)
lol
[08:10 am] scalpman : close call?
Shark…?
[08:10 am] Ed : how u doing scalp
[08:11 am] scalpman : I’m mixed….some
winners and losing…not reading real well
yet…
[08:11 am] khall : me too scalp – having
issues this morning
[08:12 am] scalpman : …have to interpret
better what I see.
[08:12 am] Ed : happens with that transition
also
[08:12 am] scalpman : I’m trying moire
agressive entry, but today stopped out on
tight stops a lot…
[08:12 am] doji : You are rocking with UVXY
Gary
[08:13 am] garyb : Thanks doji!
[08:13 am] garyb : looking to add on a
pullback
[08:13 am] doji : Gary, Mike, share the
knowledge and post your entries. it is
sweeter when we can all profit
[08:13 am] Ed : some of the early morning
longs had to give little more room to setup
b4 entering, Mitch mentioned that as well
[08:13 am] mikewd2 -: i did this morning
doji, before i lost internet connection.
[08:14 am] mikewd2 -: in 17.49 premarket.
[08:14 am] Ed : it will come together, had
lot to do with how SPY was trading
[08:15 am] garyb : ok doji…BUT you have to
be careful with UVXY….very moody! lol
[08:15 am] doji : Scalpy, on these days I am
keeping tighter stops… too much
volatility…
[08:16 am] Ed : hey thats my last name
[08:16 am] garyb : lol Ed!
[08:16 am] shark : all out JPM s
[08:16 am] doji : Just post your entry Gary.
I’ll guess you have an edge so it will be up
to each trader here to decide if he/she
enters or not
[08:17 am] garyb : ok doji..watching now on
the pullback…may bounce soon
[08:17 am] doji : hahah Eddy Mooddy Woody
[08:18 am] Ed : I’ve been called worse
[08:18 am] garyb : lol
[08:19 am] scalpman : Joey, did you stay
with JNJ all morning…what a drop!
[08:20 am] joeytsa : no i didnt, was just
looking at the chart though
[08:20 am] scalpman : I got a piece
[08:20 am] scalpman : ..on your call
thanks.
[08:20 am] joeytsa : no prob 🙂
[08:21 am] joeytsa : i dont usually stay in
trades too long 🙂
[08:22 am] scalpman : Monitor ARNA
[08:22 am] shark : SMG still
consolidating
[08:22 am] shark : watching snails that move
faster..
[08:22 am] joeytsa : ARNA is a stock that
dr. J likes
[08:23 am] scalpman : ARNA resistance at
8.30
[08:24 am] scalpman : shark ha…what did
you close call? on MLNX
[08:25 am] shark : no trades on MLNX today,
just was watching
[08:26 am] scalpman : shark I meant what did
you mean when you said “close call?
[08:29 am] shark : EUR/USD rallying
[08:29 am] shark : tested 1.26
[08:29 am] shark : looked like a tight trade
when you exited, scalp
[08:30 am] garyb : added UVXY at
17.68….see if it holds
[08:30 am] mikewd2 -: i got 17.63
[08:30 am] garyb : you beat me Mike this
time!
[08:30 am] mikewd2 -: tried to sell 17.83 and
it didnt’ go
[08:31 am] garyb : My average is
17.41….stop at 17.45 for some lunch and
beer money! lol
[08:32 am] mikewd2 -: kinda of liken the
heiken ashi garyb
[08:32 am] garyb : yeh it’s neat eh
Mike…….shows the trends nicely
[08:33 am] garyb : I wonder if Mitch is
using Heiken Ashi on his new system? Almost
looks like it
[08:33 am] jsn13 : yes it is….
[08:33 am] mikewd2 -: been buying, when it
reverses, and stochastics cross in the sub 20
area. been working
[08:34 am] garyb : nice combo Mike
[08:34 am] garyb : On the 2 minute?
[08:34 am] mikewd2 -: 3min actually
[08:35 am] mikewd2 -: on the heiken ash, 1min
on the chart
[08:35 am] garyb : I see
[08:36 am] garyb : almost hit my stop!
close
[08:37 am] mikewd2 -: nice if it pushes thru
17.83
[08:37 am] scalpman : Shark: I was on my
last piece
[08:37 am] garyb : yes..it will break the
downward trendline
[08:38 am] mikewd2 -: FST is a sick puppy, i
can pick um
[08:41 am] joeytsa : 🙂
[08:42 am] scalpman : double top on
ARNA…perhaps a short here.
[08:43 am] scalpman : vol on run-up is low.
stochs turning over.
[08:43 am] doji : MLNX losing VWAP
[08:43 am] doji : MLNX was a nice tripple
top
[08:44 am] garyb : Mike you might get your
17.83..if not more!
[08:45 am] mikewd2 -: CEDC low priced
stock
[08:46 am] mikewd2 -: doji, did you short LEN
second time?
[08:49 am] joeytsa : workout time, see you
in an hour+, make that money 🙂
[08:49 am] mikewd2 -: enjoy joey
[08:49 am] joeytsa : enjoy WONT be the word
haha
[08:49 am] eddy : See u joey
[08:49 am] doji : No Mike, I am just too
busy at the office… only limiting my
trading to the first hour or so
[08:49 am] garyb : have a good one Joey!
[08:50 am] doji : Today is gluteos
training
[08:50 am] garyb : doji makes his 50K in the
first hour of trading! lol
[08:51 am] doji : hahaha… yes in
Indonesian $ Rupias
[08:51 am] garyb : 🙂
[08:52 am] garyb : The ES is dropping
hard
[08:52 am] khall : sell baby, sell
[08:56 am] garyb : UVXY is a little docile
now…wake up!
[08:57 am] mikewd2 -: that time of the day
gary
[08:58 am] khall : we need to be patient
(I’m saying this for my benefit as much as
anything)
[08:58 am] garyb : Yes Katrina…I
agree…..patients is the key!
[09:02 am] mikewd2 -: FST at multi year
low
[09:06 am] doji : SPY bleeding
[09:07 am] qwert : fslr spike
[09:08 am] doji : I see a spike of 670M
shares traded in 1min qwerty
[09:09 am] doji : Sahrky. make a ton of
money… we’lll need it in Lima…
[09:09 am] doji : Sharky
[09:09 am] doji : Love is not cheap
there…. hahah
[09:09 am] garyb : There we go…I just had
to leave my desk for a while for things to
happen!
[09:09 am] doji : I meant love for food
[09:10 am] shark : hahaha
[09:10 am] doji : Gary, you don’t need to go
to the church and pray for UVXY to drop…
[09:10 am] doji : to move higher sorry
[09:11 am] scalpman : Time to go…I had a
training session with Ed yesterday on price
action. Very good. A mixed day, but I am in
transition. Thanks Ed.
[09:11 am] garyb : lol doji
[09:11 am] garyb : have a good one
scalpman!
[09:11 am] Ed : nice going scalp, keep
studying, take care
[09:12 am] scalpman : Also I am reading the
book by Albert Brooks on Price Action Trend
reversals….it’s terrific….my eyes are
opened (a little more).
[09:12 am] scalpman : See you all
tomorrow.
[09:12 am] doji : Saclpy, you cabn have
Pilatus training session with Joey
tomorrow
[09:12 am] garyb : Albert Brooks the
comedian?
[09:12 am] doji : and aerobics with Gary
[09:12 am] scalpman : A.Brooks…no
relation….
[09:13 am] garyb : thought you mught get
some laughs while you are reading
[09:13 am] scalpman : What he does tho is a
give a blow by blow description of what the
sellers buyers and buy-standers are doing as
you read the chart….
[09:13 am] qwert : FSLR is going crazy
[09:13 am] scalpman : gary ha
[09:13 am] khall : cool – I may have to
pickk that up
[09:14 am] jsn13 : qwert, did u go long on
fslr?
[09:14 am] scalpman : It is a lot to
digest…but so much of what we do here is
right in the book…you begin to picture the
buyers and sellers better…
[09:14 am] scalpman : Anyway, I am excited
about it…
[09:14 am] garyb : I love to watch people
trade on YouTube….there are a lot of
videos
[09:14 am] scalpman : See you tomorrow.
[09:15 am] doji : * German Government,
States too Far Apart on Solar Cuts, Fail to
Reach Deal on Lowering Subsidies, Said to Go
Back to Arbitration Panel on June 28
[09:15 am] scalpman : Scalpman has left the
building!
[09:15 am] doji : that’s for FSLR
[09:17 am] jsn13 : Ed, is FSLR a breakout?
DID U TRADE IT?
[09:18 am] Ed : no did not trade it
[09:19 am] jsn13 : ok thanks…
[09:21 am] victor51 : Jason, do you think
FSLR is ready for short?
[09:22 am] jsn13 : Im not that pro but i don
think we have an edge here…the risk
-to-reward is 1:1 for me…
[09:23 am] mikewd2 -: good observation
jason
[09:23 am] jsn13 : like the long at 14
during the pull back though…
[09:25 am] mikewd2 -: nice 2% bounce on
FST
[09:25 am] mikewd2 -: off the bottom
[09:26 am] garyb : DECK bouncing?
[09:29 am] mikewd2 -: FSLR hod
[09:29 am] khall : DECK L 49.70
[09:29 am] jsn13 : fslr found its support at
14.40 area…
[09:31 am] victor51 : Jason, I like your R
and R of 1 for fslr
[09:35 am] jsn13 : thanks…that is a
critical criteria when entering a trade…
[09:38 am] qwert : Ed did you go long on
Deck
[09:39 am] mikewd2 -: UVXY L 17.40
[09:39 am] victor51 : Jason, it’s easy to
use in after morning trades. Do you use this
criteria in early morning trades?
[09:39 am] Ed : no missed, u get it
[09:40 am] qwert : yep at 49.60 just 1/2
position
[09:40 am] Ed : sweet
[09:41 am] shark : SPY testing hod
[09:41 am] jsn13 : It is a must in every
trade i take….whether is my most
conservative target vs where is my stop
loss….just roughly….
[09:41 am] jsn13 : i want it to be at least
1:2
[09:43 am] mikewd2 -: WFT hod
[09:45 am] mikewd2 -: WFT needs to get thru
12.50 resistance
[09:45 am] shark : nice move on JPM
[09:46 am] jsn13 : shark, u have it long at
the break of hod?
[09:46 am] shark : would have entered
earlier off break thru 100min
[09:46 am] shark : no position at moment
[09:47 am] jsn13 : ok thanks….
[09:49 am] mikewd2 -: GMCR at hod
[09:50 am] mikewd2 -: GMCR at resistance
[09:54 am] qwert : Deck at vwap
[09:55 am] qwert : Mitch if you have time
with your new system woul i still have all of
my Deck long?
[09:58 am] khall : GMCR turning?
[10:01 am] eddy : s GMCR 21.45
[10:02 am] khall : out DECK long 50.60
[10:02 am] khall : thanks Mitch!
[10:12 am] khall : 🙂
[10:12 am] garyb : You caught a good one
Katrina! Congrats!
[10:13 am] joeytsa : beautiful trade Khall
🙂
[10:14 am] khall : thanks guys
[10:15 am] shark : yeahh khall
[10:19 am] murano : VMED
[10:27 am] doji : VMED never got to the
lowver 22ish… next time
[10:27 am] Ed : right, so I pass, not enough
money at this level
[10:33 am] garyb : looks like it’s going for
another dip down
[10:34 am] garyb : failed to bounce
[10:47 am] Ed : hey gary, can I get a job at
ur place, I want executive pay and will only
work 2 hours /week. And I want 20 lunch
breaks also for every minute worked
[10:48 am] garyb : lol
[10:49 am] garyb : Ed…..let’s just say I
am great at multitasking! (just don’t tell
my wife!) lol She’ll make me do cooking AND
dishes!
[10:49 am] Ed : lol
[10:49 am] eddy : Bye all see u tom
[10:49 am] Ed : c ya eddy
[10:50 am] Ed : just dont tell Lisa, she
always tells on me to my wife
[10:50 am] qwert : hahaha
[10:50 am] garyb : lol
[10:50 am] lisas : she’s on my speed dial
right now
[10:50 am] Ed : oops, thought she was gone
[10:50 am] lisas : there you go thinking
again
[10:51 am] Ed : trouble with a T
[10:51 am] doji : It seems that Ed job on
Saturday’ night is not profitable…
[10:52 am] Ed : not anymore
[10:52 am] doji : Lisas, can you check
please if Ed alreday ask for permission to
travel to Rio for 1 month?
[10:52 am] doji : with his wife
[10:52 am] garyb : lol….is Ed “Magic
Mike” lol
[10:52 am] doji : HE said she has no problem
letting him go away
[10:52 am] lisas : LOL doji, I don’t want
him to die
[10:53 am] lisas : ohh, with his wife,
that’s different
[10:53 am] Ed : lol
[10:53 am] doji : Nope, alone
[10:53 am] lisas : nah, we need him alive
and making calls
[10:53 am] Ed : its a “business” trip
[10:54 am] lisas : If you can sell that, you
should go into marketing
[10:54 am] Ed : lol
[10:54 am] khall : yeah, monkey business
🙂
[10:56 am] Ed : “honey, I have a business
trip down south, be gone for month, where
near swamp land and a large senior community”
That whay I will say
[10:56 am] lisas : She’s known you too long
to believe that:)
[10:56 am] Ed : hmmm, got a point
[10:57 am] doji : KORS
[10:57 am] Ed : wow
[10:58 am] doji : Tell her you are going to
have your plastic sirgury Ed
[10:58 am] Ed : lol
[10:58 am] doji : and will come back looking
like Michael Jackson
[10:58 am] lisas : doji, not good idea,
Michael is dead
[10:59 am] doji : I meant looking like
[10:59 am] doji : appl down
[10:59 am] lisas : so did I, he’s a corpse.
Gallows humour
[11:01 am] doji : Ed is quiet, looks like he
just got a call form his wife….
[11:01 am] lisas : we don’t have Rusty for
the shock jokes anymore
[11:01 am] Ed : lol
[11:01 am] Ed : mum is the word
[11:01 am] doji : Gary, where is Rusty?
[11:04 am] garyb : I don’t know? I don’t
know him very well….just from the room a
little
[11:09 am] murano : NKE
[11:11 am] lisas : -1000 tick on $tick
[11:11 am] khall : watching CRM at 126.95
ish support level
[11:12 am] joeytsa : Mitch: Greek
unemployment for those 25 and under is
52.7%
[11:12 am] Ed : ouch
[11:12 am] joeytsa : 51.5% in Spain
[11:13 am] Ed : wonder if still requirement
in Spain for young men turning 18 to serve in
military for 2 years
[11:14 am] doji : yeap… same in Peru
[11:14 am] doji : Unless you are alreday in
College…
[11:14 am] joeytsa : not sure, would that
count as emplyment?
[11:14 am] jsn13 : Ed, juz now u said u
missed DECK trade…but what gives u the edge
to take it long? it is downtrending right?
[11:15 am] lisas : I don’t think so Joey re
students
[11:15 am] joeytsa : thanks lisa
[11:16 am] Ed : yes it was slow death march
then u got the acceleration of sellers @
12:14 est, thats what caught my eye and Im
sure Mitch too as he called it
[11:17 am] Ed : satrting at 12:14est
[11:17 am] jsn13 : yup..so u like the free
fall down? then ur signal is 12.25 hammer
bar?
[11:17 am] joeytsa : felix zulauf ” I expect
the disintegration to begin in the 2nd half
of this year. that should lead the world
into financial and economic chaos””
[11:19 am] Ed : combination of sellers drying
up at price firming and then candles
tightining, get a doji as well then buyers
then hammer 12:25
[11:19 am] Ed : atleast this is what I see
[11:19 am] jsn13 : u would enter after
hammer or doji?
[11:20 am] Ed : on way stock was acting
earlier after hammer
[11:21 am] jsn13 : ok thanks….nice
nice….cos doji means indecision and hammer
is a reversal signal right?
[11:22 am] Ed : potential reversal, never
edged in stone
[11:22 am] Ed : best to think in terms of
probability
[11:23 am] jsn13 : i understand, i juz wanna
ask like at that point after all the good
setups, thats the signal…
[11:23 am] Ed : yes
[11:24 am] doji : Jason, what is the
probabily of Ed getting permit to travel to
Rio without his wife?
[11:24 am] Ed : 80/20
[11:25 am] doji : 20 is getting the
permit
[11:25 am] Ed : 100% when I tell her who is
boss
[11:25 am] joeytsa : yeah right hhahaha
[11:25 am] Ed : lol
[11:25 am] lisas : Mitch said no drinking
during the day
[11:25 am] lisas : koolaid
[11:25 am] doji : I always have the last
word at home “yes honny”
[11:25 am] jsn13 : hahaha…
[11:27 am] doji : Start learning those words
Jason or you run the risk of sleeping with
the dog
[11:27 am] doji : KORS lod
[11:28 am] joeytsa : REGN turned into a nice
play all day
[11:29 am] doji : KORS holding 20DMA
[11:31 am] go4it : CTCT
[11:33 am] mikewd2 -: Constant Contact shares
oversold, says Canaccord
[11:34 am] joeytsa : Core CPI,Unemployment
claims,cpi m/m. nat gas,30yr auction for
tomorrow
[11:35 am] go4it : down 19%
[11:36 am] mikewd2 -: MOS at support
[11:39 am] qwert : cmon nke go
[11:40 am] joeytsa : whats your entry
qwert?
[11:40 am] qwert : 103..15
[11:40 am] joeytsa : nice..might could get
to 104.50 area?
[11:41 am] joeytsa : just has to hold
[11:41 am] qwert : yep
[11:41 am] joeytsa : maybe even higher,
104.50 is 50% retracement from the
breakdown
[11:41 am] mikewd2 -: CTCT moving
[11:42 am] qwert : 104.50 area 1st tgt
[11:42 am] joeytsa : good, depends how you
break it up
[11:42 am] qwert : i just took 1/2 off
[11:43 am] doji : Ochh selling on the
market…. Gary continues pushing… UVXY
[11:43 am] mikewd2 -: yeah, i sold my last
UVXY to 18.00 – dang it
[11:44 am] doji : Italian 10-year bond
yields have this week climbed back above 6%
ahead of a keenly watched auction on
Thursday, as contagion fears from Spain stoke
worries that Italy is next in the bailout
line
[11:44 am] doji : so mind your long swing
positions
[11:45 am] mikewd2 -: last night, they were
saying Italy has tons of gold.
[11:45 am] khall : hows your UVXY gary?
[11:45 am] go4it : Mike checkout hammer on 3
min chart 9:32
[11:45 am] doji : Mine is
WONDERFUL!!!!!!!!!!!!!
[11:45 am] khall : so is mine
[11:46 am] go4it : oops 11:32
[11:47 am] doji : out UVXY 1/2
[11:47 am] doji : nice 90c
[11:48 am] joeytsa : great job doji
[11:48 am] khall : nice doji
[11:50 am] joeytsa : go4it, did you take
CTCT…nice one if so !!!
[11:51 am] go4it : yes 15.90
[11:52 am] joeytsa : great job..lock up that
$$
[11:52 am] go4it : I did Joey +.35
[11:53 am] garyb : Hi Katrina…just got
back from the shop….darn, my UVXY sold off
and now it’s still going up….that’s what
happens when you work FT lol
[11:55 am] khall : LOL – yep
[11:55 am] victor51 : Gary, I know UVXY is
your favourite. What is it?
[11:55 am] garyb : it’s at 18.24 now
[11:56 am] joeytsa : nice trade go4it !!!
[11:56 am] joeytsa : nice one gary
[11:56 am] mikewd2 -: Ultra short VIX
[11:56 am] Ed : way to Go—4——-IT
[11:56 am] doji : Gary, by now you must have
recovered all you losses for sure
[11:56 am] joeytsa : 🙂
[11:57 am] garyb : Doji…in the word of the
Beatles….”The Long and Winding Road”
lol
[11:57 am] doji : so send the difference to
my account… Sharky and I need money for our
trip to Lima
[11:57 am] garyb : Very long road!
[11:57 am] go4it : TY Ty
[11:57 am] mikewd2 -: FST pushing back near
lod’s
[11:57 am] victor51 : Thanks gary. i got
it.. Is it X3?
[11:58 am] garyb : 2 x
[11:58 am] joeytsa : isnt there a 3x
also?
[11:59 am] doji : I’ll swing second half on
UVXY… Italy bond autions should drag the
market tomorrow…
[11:59 am] garyb : I would not buy it now
though…..might reverse here shortly
[11:59 am] khall : TVIX
[11:59 am] victor51 : Ed, is there any news
on NKE
[11:59 am] garyb : UVXY looks good on the
daily
[11:59 am] doji : as long as it doesn;t drop
below 17.4 Gary
[11:59 am] Ed : it was earlier I forget now,
nothing earth shattering
[12:00 pm] mikewd2 -: Nike mentioned
cautiously at OTR Global Research
[12:00 pm] khall : I doubt it will doji –
not with everything going on in Europe
[12:00 pm] doji : $TICK below -500
[12:00 pm] mikewd2 -: OTR Global said Nike’s
athletic shoe order growth rated dropped in
China
[12:01 pm] mikewd2 -: pretty big deal i would
think
[12:01 pm] Ed : all sales are slowing in
china
[12:02 pm] Ed : it seems
[12:02 pm] joeytsa : yeah Ed, that just
might affect a few other countries
[12:02 pm] victor51 : Thanks Ed and Mike
[12:03 pm] Ed : like on Dukes & Dukes
“TURN THOSE MACHINES BACK ON”
[12:03 pm] doji : Ed, how was trading on
days when Lehman collapsed…
[12:03 pm] Ed : $$$$$$$$
[12:03 pm] doji : I didn’t even have a
broker account
[12:03 pm] doji : Juicy…
[12:03 pm] Ed : lot of volatility
[12:03 pm] doji : double, tripple vs. what
we see now?
[12:03 pm] joeytsa : AMZN lod, see if it
holds $215
[12:04 pm] doji : UVXY flying
[12:04 pm] Ed : yes
[12:04 pm] garyb : yes!
[12:04 pm] go4it : CTCt
[12:04 pm] Ed : qwert u take profit on
NKE?
[12:05 pm] qwert : yep long time ago
[12:05 pm] Ed : good deal
[12:05 pm] joeytsa : tighten REGN if
short
[12:05 pm] mikewd2 -: UVXY is like a hot crap
table
[12:05 pm] qwert : thx for lookin out for me
🙂
[12:05 pm] mikewd2 -: everybody wants in
[12:05 pm] garyb : You still holding from
this morning Mike?
[12:05 pm] Ed : no problem
[12:06 pm] mikewd2 -: no, i dumped at $18 –
traded it 3 times today though
[12:06 pm] doji : Wow, didn;t realize it is
past 3:00PM
[12:06 pm] doji : Times flies when you have
fun
[12:06 pm] garyb : You probably make good
profit
[12:06 pm] mikewd2 -: yeah
[12:06 pm] garyb : I was sloppy with
it…but made out ok
[12:07 pm] joeytsa : out REGN for now
[12:07 pm] garyb : waiting for a pullback in
it now
[12:08 pm] mikewd2 -: i played the TNA bounce
during last pull back for 0.30
[12:08 pm] mikewd2 -: nice play on REGN short
joey
[12:09 pm] garyb : Mostly I do that
Mike…use all these ETFS as well….TNA/TZA
UVXY VXX
[12:09 pm] joeytsa : thx, $1.80 in about 16
minutes
[12:09 pm] joeytsa : almost felt like a
swing trade hahah
[12:09 pm] mikewd2 -: wow, that is long time
for you – haha
[12:09 pm] joeytsa : its my icecube
strategy
[12:10 pm] joeytsa : in/out b4 icecube in my
water melts 🙂
[12:10 pm] joeytsa : REGN still legging
down
[12:10 pm] mikewd2 -: getting smoked on FST
today
[12:10 pm] go4it : very nice joey good
job!
[12:11 pm] shark : SPY testing lod area
[12:11 pm] joeytsa : down almost $7 from
high
[12:12 pm] joeytsa : high of this last move
down i mean
[12:12 pm] jsn13 : hey joey, how do u keep
track of all these whack whack play on
regn?
[12:12 pm] joeytsa : just kept it up all
day, from earlier play
[12:13 pm] jsn13 : how do u choose them? as
in how od u know which ones would probably be
this kind?
[12:14 pm] joeytsa : it had moved earlier,
and had a bearish bias since it was trading
below prev close
[12:14 pm] jsn13 : did u short NKE at the
break?
[12:14 pm] jsn13 : break of lod i mean…
[12:14 pm] joeytsa : didnt take NKE today
[12:15 pm] jsn13 : ok…but it fits ur
criteria right?
[12:15 pm] go4it : CTCt moving against
market
[12:15 pm] joeytsa : but NKE, had i seen it,
was a beauty short around 10:54pst
[12:15 pm] joeytsa : yes it does jsn..i
wasnt at the computer…
[12:16 pm] shark : might be the end of it
for UA
[12:16 pm] shark : since they announced
their 2-1 split
[12:16 pm] shark : at least for a while
[12:16 pm] joeytsa : gave an even better
signal when it lost 105, came back to test
that area as res and failied, had an upside
down hammer aroudn then too
[12:16 pm] joeytsa : almost exactly what we
were talking about last night
[12:17 pm] shark : nice
[12:17 pm] joeytsa : there goes $215 on
AMZN, see if it tests/fails?
[12:17 pm] jsn13 : agree joey….super
nice….did u trade ctct today?
[12:18 pm] doji : SPY tanking
[12:18 pm] joeytsa : no on CTCT
[12:19 pm] joeytsa : REGN trying to hold
$113 now
[12:19 pm] jsn13 : Ok thanks…
[12:19 pm] shark : LULU near 200day
[12:20 pm] joeytsa : jsn: i didnt answer one
of your questions about how i find them…
[12:21 pm] doji : No mercy on the SPY
today
[12:21 pm] shark : any news doji?
[12:21 pm] joeytsa : pretty simple, i look
at the biggest risers/fallers list, and also
biggest change from open list
[12:21 pm] mikewd2 -: watching for 131.84
bounce in spy
[12:21 pm] joeytsa : private sector is
fine??
[12:21 pm] joeytsa : think i heard someone
saw that on the cartoon network 🙂
[12:22 pm] mikewd2 -: you guys holding UVXY
overnight?
[12:22 pm] jsn13 : ok i see….then u watch
those that u like?
[12:23 pm] joeytsa : i look at the charts
and see if a setup is forming..usually in the
trend direction on those, but reversals do
happen
[12:23 pm] jsn13 : u scan from time to
time?
[12:24 pm] joeytsa : yeah
[12:24 pm] mikewd2 -: vix up 12.3% today
[12:24 pm] joeytsa : play follow the money
jsn
[12:24 pm] doji : I am Mike, but small
position although
[12:25 pm] joeytsa : REGN cons at 113
[12:25 pm] jsn13 : ok thanks….learning to
be more flexible….
[12:26 pm] joeytsa : jobs #’s tomorrow
[12:26 pm] joeytsa : thats the key jsn
[12:26 pm] garyb : that mean load up on
shorts
[12:26 pm] joeytsa : depends on how they
massage the number…
[12:27 pm] mikewd2 -: i think your right
garyb, just entered TNA but will definitely
close before eod
[12:27 pm] joeytsa : i cant imagine obama
will allow 2 straight bad numbers
[12:27 pm] joeytsa : did you see how they
played games with the green energy jobs #?
[12:28 pm] doji : TNA Mike?
[12:28 pm] mikewd2 -: yeah, was expecting a
bounce off the support
[12:28 pm] joeytsa : forecase is for 377K on
unemployment claims
[12:28 pm] joeytsa : forecast
[12:30 pm] doji : How the SPY close today is
key; if we sell a spike on the last 1/2 hour
it means short sellers are closing
positions
[12:30 pm] doji : see
[12:30 pm] mikewd2 -: 131.68 looks like the
pivot on the floor traders pivots
[12:31 pm] joeytsa : thx mike S1 is 1306 on
the ES, trading at 1305 now
[12:32 pm] mikewd2 -: WFT sold off from 12.50
resistance
[12:33 pm] mikewd2 -: stop on TNA moved to
be
[12:33 pm] go4it : out CTct another +.35
[12:34 pm] joeytsa : great job !!!
[12:34 pm] garyb : sweatin over here!!!
lol
[12:35 pm] mikewd2 -: maria needs to do
something with that hair of hers. haha
[12:35 pm] joeytsa : why sweating gary?
[12:35 pm] garyb : haveing some drama with
UVXY…..duking it out!
[12:35 pm] mikewd2 -: that the profit and not
worry
[12:35 pm] shark : looks like some good % to
me, gary
[12:35 pm] doji : Adding small piece to my
UVXY swing
[12:36 pm] joeytsa : agree mike about
maria’s hair
[12:36 pm] khall : me too
[12:36 pm] khall : it bugs me to watch
her
[12:36 pm] doji : Avergae 17.73 now
[12:36 pm] mikewd2 -: push spy push
[12:36 pm] mikewd2 -: me too khall
[12:36 pm] doji : push up or down Mike?
[12:36 pm] joeytsa : i liked when she was on
the floor
[12:37 pm] shark : LULU long 61.63
[12:37 pm] mikewd2 -: yeah she would look
better on the floor – lol
[12:37 pm] joeytsa : haha
[12:38 pm] mikewd2 -: stopped on TNA with
0.30 gain
[12:38 pm] mikewd2 -: got the stop too
close
[12:38 pm] garyb : congrats Mike
[12:38 pm] joeytsa : not bad
[12:38 pm] mikewd2 -: yeah bounced off the
pivot
[12:38 pm] shark : 1/2 out LULU
[12:40 pm] joeytsa : nice shark
[12:40 pm] shark : 🙂
[12:40 pm] garyb : nice add on on UVXY
doji
[12:42 pm] joeytsa : doji: did you buy it
outright, or options?
[12:44 pm] shark : all out LULU long
[12:45 pm] doji : I bought it Joey
[12:45 pm] joeytsa : ok
[12:45 pm] garyb : I bought it too Joey
[12:45 pm] garyb : trying something new!
😉
[12:45 pm] doji : Now I have 3/4 position in
UVXY
[12:45 pm] joeytsa : cool
[12:46 pm] garyb : me too doji!
75%….still have some fire power
[12:46 pm] doji : Breakeven is 17.75 ofr me
now
[12:46 pm] joeytsa : i have to give you all
props on holding things overnight
[12:46 pm] mikewd2 -: unfortunately that
buffer could evaporate pretty quickly with
that stock.
[12:48 pm] doji : YEs Mike, that is a risk
I’ll take…
[12:48 pm] khall : tonight anyway…
[12:49 pm] shark : lots of vol on UVXY
[12:49 pm] aussie123 : Mike…in this kind
of a mkt that was a heck of a
play…cograts
[12:49 pm] doji : UVXY needs to drop $1.5 to
start loosing money
[12:49 pm] mikewd2 -: awhile badk doji you
told me you don’t swing stocks
[12:49 pm] doji : and things look pretty
nice so far
[12:50 pm] doji : hahahaha
[12:50 pm] mikewd2 -: hope so for you
[12:50 pm] doji : I swing when I have the
odds on my side…
[12:50 pm] mikewd2 -: man, its up 1.50 from
my sell at 18
[12:50 pm] shark : 🙂
[12:50 pm] doji : Don’t buy it now
Mike…
[12:50 pm] mikewd2 -: haha
[12:51 pm] shark : you got out when it was
testing hod, Mike?
[12:51 pm] joeytsa : REGN trying to hold
$111
[12:51 pm] mikewd2 -: yes shark, and i was
leaving to run an errand and didn’t want to
leave it open
[12:51 pm] mikewd2 -: had 0.60 profit on the
table
[12:52 pm] shark : OH MAAAAN
[12:52 pm] mikewd2 -: figured lunch was a
good time to leave – haha
[12:52 pm] shark : :O
[12:52 pm] shark : couldv’e had a 5 star
lunch delivered
[12:53 pm] shark : with a nice energy
smoothie 😉
[12:53 pm] mikewd2 -: yep and paid for the
iphone i went out an bought
[12:53 pm] shark : ugh!
[12:53 pm] mikewd2 -: but now i have a back
up to my home satelite internet.
[12:53 pm] doji : No too much profit taking
now, I means short sellers are confident the
numbers tomorrow and the Italy bond auction
will be ugly
[12:53 pm] shark : great!
[12:53 pm] joeytsa : closing REGN…too
close to eod
[12:54 pm] shark : hmmm….
[12:54 pm] mikewd2 -: always expect the
unexpected doji
[12:54 pm] khall : REGN on tomorrow’s watch
list
[12:54 pm] joeytsa : heck yeah khall
[12:54 pm] doji : Yes Mike, I agree
[12:54 pm] garyb : yeh..I will probably be
adding to the shorts….we are in for a
ride
[12:55 pm] joeytsa : probably gary…
[12:55 pm] doji : UVXY volume has been on
the rise since mid February
[12:55 pm] joeytsa : thought we would get a
bounce to 1330,1350 to suck more money in
first though
[12:55 pm] garyb : that’s MY volume doji!
lol
[12:57 pm] doji : Gary, UVXY has only
started trading on November last year,
correct?
[12:58 pm] mikewd2 -: the correlation between
UVXY and $vix is strange.
[12:58 pm] garyb : yes…it went to around
$5…they they had a 4 way split…something
like……started at 30…then went down
[12:58 pm] garyb : it follows VXX
[12:58 pm] mikewd2 -: last thursday, vix was
around 24.60’ish same as now, yet UVXY was at
21.11 – almost two bucks higher.
[12:59 pm] doji : Good night gays and
gals
[12:59 pm] shark : bye doji!
[12:59 pm] joeytsa : bye doji
[12:59 pm] Ed : c ya doji
[12:59 pm] mikewd2 -: there’s that bounce in
spy i was expecting awhile ago.
[12:59 pm] khall : see you tomorrow doji
[12:59 pm] qwert : bye everybody cya in the
am
[12:59 pm] shark : maybe continue in a.m.
mike
[12:59 pm] shark : bye qwert
[01:00 pm] shark : have a good one, Ed,
everyone!
[01:00 pm] joeytsa : Thanks Mitch, Ed,
everyone…see you all tomorrow morning
[01:00 pm] mikewd2 -: cu guys tomrw
[01:00 pm] joeytsa : love this kind of
market
[01:00 pm] shark : the market that keeps
shaking dollars out of stocks, joey 😉
[01:01 pm] joeytsa : we just need
movement
[01:01 pm] joeytsa : i dont care if its up
or down
[01:01 pm] lisas : bye all
[01:06 pm] khall : bye lisa
[01:10 pm] victor51 : Bye All. Bad closing
and get ready for tomorrow
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