[06:20 am] Ed : Dont chase NfLX at open would
look for pullback and the 73ish area to
hold [06:21 am] Ed : this is how I map out
my trades [06:21 am] Ed : this is NFLX
chart up [06:22 am] Ed : 15 minute time
frame, I dont trade on them but use them to
get trend [06:23 am] Ed : Would look for
23.10 with vol to take GMCR long [06:24
am] Ed : IF cant hold the 23 area for
Advanced trade potential short
setup [06:25 am] Ed : look for break of
22.20 with vol for potential short setup of
GMCR [06:28 am] Ed : NfFLX looks like tryn
break downtrend [06:33 am] Ed : I will not
take it in this area for my style [06:33
am] Ed : wait to see if we get a bounce,
lookn for short NTES [06:35 am] Mitch K:
watching JWN for top to short [06:35 am]
Mitch K: watching KSS for top to
short [06:39 am] Mitch K: watching LULU
for top to short [06:39 am] Mitch K:
watching FMCN for bottom [06:40 am] Mitch
K: watching DECK for short [06:40 am]
Mitch K: watchign ROST for top to
short [06:41 am] Mitch K: watching YELP
for top to short [06:41 am] Mitch K: i use
the word monitoring because it isnt ready or
close to being ready [06:41 am] Mitch K:
monitoring LVS for bottom, not gone down
enough [06:42 am] Mitch K: watching VIP
for bottom [06:43 am] Mitch K: the ag
chemical stocks are moving up again
today: AGU, MOS, POT [06:43 am]
Mitch K: watching NFLX for top to short, very
interesting chart today [06:44 am] Ed :
watching LTD for potential short [06:44
am] Mitch K: watch ag chemicals for top to
short [06:46 am] Mitch K: watching LVS
closer for bottom [06:48 am] Mitch K: NFLX
turning over [06:49 am] Mitch K: watchign
RGLD for bottom to buy [06:49 am] Mitch K:
watchign SXCI for bottom to buy [06:50 am]
Mitch K: watching FMCN closer [06:51 am]
Mitch K: monitoring GGC for top [06:52 am]
Mitch K: watching AGU closer for
short [06:52 am] Mitch K: missed posting
JWN top but monitor for 2nd helping short
later if around 51.80 [06:54 am] Mitch K:
watching APC for bottom to buy [06:55 am]
Mitch K: RGLD bottoming [06:56 am] Mitch
K: watching LTD for top but looks too strong
to short [06:57 am] Mitch K: monitoring
CCL [06:57 am] Mitch K: watching SXCI
closely for bototm soon, might be 97 area for
bounce, be flexible [06:58 am] Mitch K:
still watching VC for top [06:58 am] Mitch
K: watching PCYC for bottom [06:59 am]
Mitch K: watching RIG for bottom [07:01
am] Mitch K: watching JPM for bottom to
buy [07:01 am] Mitch K: watching RIG
closer for bottom [07:02 am] Mitch K:
changed mind on CCL, not enough potential
profit [07:02 am] Mitch K: or
trying [07:02 am] Mitch K: CCL
bottoming [07:03 am] Mitch K: watching
VVUS for bottom [07:03 am] Mitch K:
watching FOSL for bottom, may take
awhile [07:04 am] Mitch K: new low on
indexes [07:06 am] Mitch K: consider
covering most of MOS if short [07:07 am]
Mitch K: going to sideline [07:07 am]
Mitch K: NFLX not turning over much,
sidelines [07:07 am] Mitch K: watching
REXX for bottom, lower vol but
interesting [07:08 am] Mitch K: consider
covering GGC on next bottom [07:08 am]
Mitch K: watchign CRZO for bottom [07:09
am] Mitch K: watching APA for bottom, same
sector as APC [07:12 am] Mitch K: APA and
APC trying to bottom [07:12 am] Mitch K:
CRZO [07:12 am] Mitch K: oil and gas
stocks bouncing, RIG [07:13 am] Mitch K:
watching EDU for top to short [07:13 am]
Ed : waek bounce so far in SPY [07:14 am]
Mitch K: sorry [07:14 am] Mitch K:
tgt [07:14 am] Mitch K: watching APOL for
bottom [07:16 am] Ed : missed the GMCR
short from am call [07:19 am] Mitch K:
consider reducing REXX long [07:19 am] Ed
: covering 1/2 FOSL short [07:20 am]
Mitch K: FOSL still worth
monitoring [07:21 am] Ed : out all FOSL
short [07:21 am] Ed : covering 1/4 FOSL
short [07:25 am] Mitch K: consider
reducing RGLD long [07:25 am] Mitch K:
missed BVN bottom but monitoring for top to
short [07:26 am] Mitch K: watching LQDT
for top to short [07:26 am] Mitch K: its a
real volatile stock, SXCI [07:26 am] Mitch
K: looking for $100 area on SXCI, be
flexible [07:33 am] Mitch K: watching VC
closely to start covering short [07:43 am]
Ed : Nice moves in tech land today [07:49
am] Mitch K: watching COH [07:59 am] Mitch
K: watching SINA for short [08:12 am] Ed :
getting pullback in SPY [08:24 am] Mitch
K: watching FOSL again for short [08:29
am] Mitch K: watching CSTR [08:36 am]
Mitch K: watching ARNA for a short [08:40
am] Ed : getting some selling in
markets [09:31 am] Ed : gettin some more
selling in markets [09:51 am] Mitch K:
monitoring SXCI again for bottom [10:10
am] Ed : SPY trading at horizontal
resistance [10:27 am] Mitch K: watching
FFIV [10:28 am] Mitch K: monitoring VFC
for top [10:40 am] Mitch K: watching
AN [10:46 am] Mitch K: watching
LULU [10:47 am] Ed : SPY new hod [11:29
am] Mitch K: watching WYNN [11:50 am] Ed :
SPY pulling back to potential
support [12:10 pm] Ed : reducing 3/4 long
GMCR will place stop last 1/4 23.10 [12:11
pm] Ed : this was pre 9:30 stock given also,
“lookin for breakout 23.10 with vol to take
GMCR long” [12:13 pm] Mitch K: watching
GMCR [12:37 pm] Mitch K: watching
TFM [12:58 pm] Ed : would close out
remainder on KSU if u took short only 2min
left [12:59 pm] Ed : have a great evening
traders [01:00 pm] Mitch K: Have a good
evening traders
[06:07 am] Ed : watch for break below 54.39
with vol [06:08 am] mikewd2 -: wasn’t UNH
suppose to be a winner in
obamacare? [06:08 am] Ed : yep [06:08
am] eddy : break for long
|Ed? [06:08 am] joeytsa : until they
realized they had to pay all of their
employees health care 🙂 [06:09 am]
Ed : short [06:09 am] mikewd2 -:
lol [06:09 am] Ed : good one [06:09 am]
khall : ha [06:10 am] mikewd2 -:
Macy, Target, Costco all missed june
sales [06:10 am] Ed : keep an eye on DG
also, look for break below 52.90 with vol for
potential short [06:10 am] mikewd2 -: and
Gap [06:11 am] mikewd2 -: ty Ed [06:12
am] Ed : NFLX has 2 point range [06:12 am]
joeytsa : gap up:
SXCI,MLNX,CMI [06:12 am] joeytsa :
gap down:
SHPGY,FOSL,FIRE,ASML,COST,TGT [06:12 am]
mikewd2 -: thks joey [06:12 am]
joeytsa : no prob, wont be her
much..sick cat, have to go to vet [06:13
am] apple : gm khall [06:13 am]
mikewd2 -: ahhhh [06:13 am] joeytsa
: yeah [06:14 am] khall : gm apple –
sorry about the cat joey – no fun [06:14
am] Ed : look for break over 73.29 with
vol for potential long [06:14 am] Ed : on
NFLX [06:16 am] apple : keep the cat
in the my thoughts, joey –
name? [06:17 am] gregs : joey, just
curious what filters do you use on volume for
the gappers? [06:17 am] khall : I
always have a hard time when pets are ill –
you feel so helpless… they can’t tell you
what the issue is [06:17 am] gregs :
(i.e. in trade ideas) [06:17 am]
skydiver : gm all [06:18 am]
apple : gm sky [06:18 am]
cdougan : Morning everyone [06:18
am] apple : gm greg – like the
namechange [06:18 am] skydiver : gm
apple [06:18 am] apple : gm
cd [06:18 am] gregs : gm apple, hehe
figured it’d be easier this way [06:19 am]
apple : yes, that way we can
communicate faster [06:20 am] gregs
: yes, good execution speed [06:20 am]
khall : funny gregs [06:20 am]
apple : lol [06:21 am] khall :
thnx Ed [06:21 am] apple : thx
E [06:22 am] eddy : this is which
time frame Ed? [06:22 am] doji :
15min Eddy [06:22 am] doji : Keep
going Ed [06:23 am] skydiver : thnx
Ed for the lesson – 15 minute – ok [06:26
am] doji : NFLX moving [06:26 am]
mikewd2 -: was there news on NFLX? [06:27
am] doji : Yes, Ed is taking it
long [06:28 am] khall : two shares
this time… [06:28 am] doji : NFLX
gone [06:28 am] mikewd2 -: wow- doubled
his postion [06:28 am] doji : next
time [06:28 am] skydiver : NFLX
video streaming tops 1 billion hours of
viewership in June [06:28 am]
joeytsa : thx apple, Graffix [06:28
am] aussie123 : Joey…good luck at the
vet…what is the cats name? how .I happen to
be a fanatic pet l [06:28 am] apple
: how old [06:29 am] joeytsa : i am
actually signing off to take
him..15 [06:29 am] khall : let us
know… [06:29 am] joeytsa : gregs
: i do like to see some vol on gaps,
but i look at price change and not
% [06:29 am] skydiver : my cat will
be praying for your cat joey 🙂 [06:29 am]
mikewd2 -: don’t spend too much on him joey,
get a new one !!! [06:30 am] joeytsa
: thanks everyone…we wont mike [06:30
am] mikewd2 -: just kidding! [06:30 am]
doji : Bye NFLX [06:30 am]
aussie123 : how old is it? fanatic pet
lover. [06:30 am] joeytsa : make
some money guys [06:30 am] joeytsa :
and gals [06:30 am] cdougan : ROST
up [06:31 am] doji : GMCR [06:31
am] gregs : thanks joey [06:32 am]
gregs : hope your cat feels
better [06:35 am] doji : Watching
KRC [06:38 am] doji : Didn’t KSS
meet sale in June? [06:39 am] doji :
KSS S [06:39 am] mikewd2 -: VIX
up [06:39 am] doji : 46.51 [06:40
am] doji : Editor of Little BEar Blog
is Short FMCN [06:41 am] doji : 200d
MA = 22.93 FMCN [06:42 am] skydiver
: watching LULU [06:42 am] doji :
NFLX very strong against the market [06:45
am] skydiver : watching JOY
again [06:45 am] doji : Out all NFLX
long… nice $1.37 [06:45 am]
skydiver : nice one doji [06:46 am]
khall : great trade doji [06:46 am]
mikewd2 -: nice one on KSS doji [06:46 am]
apple : great job doji – starting
day off great [06:46 am] doji : np
Mike,,, still keeping it short [06:47 am]
doji : FMCN at 200dMA [06:47 am]
doji : lacks volume so far [06:47
am] skydiver : covering 1/2 of LULU
S [06:47 am] doji : volume
increasing [06:48 am] doji :
niceeeeeeeee!!!! [06:49 am] skydiver
: doji – nice morning 🙂 [06:49 am] Ed :
nice trade doji [06:49 am] doji :
Working from home on my day off… did my
homework today… [06:50 am]
skydiver : CRM – missed the short
– [06:50 am] doji : SLB at low of
OR [06:50 am] skydiver : LULU at
vwap [06:51 am] Ed : SLB,NBL,APC should
all have same charts [06:51 am] doji
: Same as HAL, WFT Ed [06:51 am] Ed :
thx [06:51 am] doji : Thaks for FMCN
Mitch… [06:52 am] skydiver :
covered another 1/4 on LULU S [06:52 am]
doji : Watching LEN [06:53 am]
eyes : S 46.20 LTD stop 46.42 ok
or to tight [06:53 am] mikewd2 -: looks
right to me eyes [06:54 am] apple :
doji when are you not watching LEN [06:54
am] khall : when he’s asleep [06:55
am] apple : lol [06:55 am] mikewd2
-: but appears to be consolidatig for another
run [06:55 am] doji : Never Apple,
it just stay in one of my charts [06:55
am] apple : good [06:55 am]
doji : Builders are hot these days and
LEN has a very consistent pattern… at least
from I can see it [06:55 am] apple :
thx for lettingus know what LEN is
doing [06:55 am] skydiver : moving
stop down on LULU S [06:55 am] apple
: i agree, once you mentioned it, i see very
tradeable [06:56 am] Ed : hey eyes be
careful on LTD [06:56 am] Ed : looks like
wants higher [06:56 am] skydiver :
all out of LULU S [06:56 am] doji :
LEN has support here but need the SPY to move
up [06:57 am] eyes : Stoped
out [06:57 am] doji : out 1/2 FMCN
short here [06:57 am] doji : out 1/2
SLB short here [06:58 am] doji :
LNKD [06:59 am] mikewd2 -: spy
lod [07:01 am] eddy : watching
JPM [07:01 am] doji : all out SLB
S [07:02 am] mikewd2 -: out KSS
L [07:03 am] mikewd2 -: UVXY up 10% from
lod [07:06 am] doji : YEs Mike, I
got it in the pre-market today [07:06 am]
mikewd2 -: nice doji [07:07 am] mikewd2 -:
don’t hold it [07:08 am] doji : YEs,
learnt my lesson [07:12 am] doji :
aggg missed the reversal in SLB [07:12 am]
mikewd2 -: went long on FST 7.01 [07:13
am] doji : Nice entry Mike… [07:13
am] mikewd2 -: its a cash machine for
daytrades [07:15 am] apple :
LQDT [07:15 am] doji : Need to have
at least 10,000 shares to make some decents
gains in FST [07:15 am] mikewd2 -:
yep [07:16 am] mikewd2 -: is that an issue
-haha [07:16 am] doji : agggg SLB
now running [07:16 am] doji : at
VWAP [07:16 am] mikewd2 -: watching KSS
for short [07:17 am] eddy : long JPM
34.37 [07:22 am] Ed : hope you all got
that FOSL short, called this am before 9:30
also [07:22 am] eyes : Wartching
VVUS [07:25 am] skydiver : back
again – had issues with esignal – wasn’t
showing proper prices on stocks [07:26 am]
doji : NFLX wants 80 [07:26 am]
apple : hey eddy [07:27 am]
skydiver : LQDT strong [07:27 am]
eddy : HI Apple [07:27 am] Ed : nice
one on vvus eyes [07:27 am] apple :
NFLX is making me very, very happy [07:27
am] doji : We are two now
Apple [07:27 am] mikewd2 -: KSS S
47.05 [07:28 am] eddy : long
FOSL 69.83 [07:28 am] doji :
KSS looks very string Mike [07:28 am]
doji : strong [07:29 am] jsn13
: scrong [07:29 am] gregs : first
day on paper that i hit 3% on 4 trades, thank
you mitch i’m beginning to see the light at
the end of the tunnel [07:29 am]
doji : NFLX could hit resistance at 80,
should be a nice chance to sell and take it
again at pullback [07:29 am]
skydiver : S LQDT 43.11 [07:29 am]
rusty : gm [07:29 am] apple :
VRSN [07:29 am] skydiver : gm
rusty [07:29 am] rusty : Goldman
hikes tomorrow’s NFP forecast from +75,000 to
125,000 [07:30 am] apple : gm
rusty [07:30 am] skydiver : watching
JOY [07:30 am] doji : KSS
consolidating [07:31 am] rusty :
DIMI bb on fraud watch – huge bids [07:32
am] doji : Gregs make sure your
positions in SIM matches what you do in real
trade, inclduing your entry prices end exit
targets [07:33 am] doji : and
size [07:33 am] doji : Otherwisw SIM
is just like paling nintendo [07:34 am]
gregs : doji, yeah i’m doing 100 shares
so position sizes are way off [07:34 am]
gregs : i wish NT could just read my
mind and put the number in there for me
heh [07:35 am] apple : gregs try to
use the position size you will be using for
real — try to make the sim as real as
possible for you [07:35 am] doji :
Gregs, is that the position size you use in
real trade? [07:35 am] doji : I
agree with Apple [07:35 am] gregs :
doji, i haven’t traded real money in a
year [07:35 am] gregs : apple, very
good point apple i will definitely try that
next [07:36 am] rusty : RTH
42.57near all time highs, what’s wrong with
this picture [07:36 am] gregs :
figure i’ll get a spreadsheet and memorize
the share sizes for $10k position
sizes [07:37 am] skydiver : CRM
toppy? [07:37 am] apple : time to go
south? [07:38 am] doji : all out
NFLX [07:39 am] mikewd2 -: watching FST to
reload [07:39 am] doji : NFLX has
moved over $12 since Tuesday’s
opening [07:40 am] doji : Someone
knew something on Tuesday for sure [07:41
am] skydiver : JOY coming down a bit
🙂 [07:41 am] mikewd2 -: dang missed
JOY [07:42 am] eddy : sky joy is
your baby:) [07:42 am] mikewd2 -: clear
short [07:42 am] skydiver : yes eddy
🙂 [07:42 am] apple : it was in a
bollinger squeeze doji, i bought 72.5 calls
on monday [07:42 am] skydiver :
guess I need to study those bollinger bands
apple 🙂 [07:43 am] apple : when
it’s a tight sqeeze, it can go either
way… [07:43 am] skydiver : all out
of JOY S [07:43 am] doji : Now you
tell Apple [07:43 am] skydiver : CRM
strong [07:43 am] rusty : DIMI come
to papa [07:45 am] apple : i will
share more… i also bought BIDU jul
120 [07:45 am] doji : so if going
either way, how did you decide to buy
calss? [07:45 am] doji : calls
Apple [07:46 am] apple :
yes [07:47 am] apple : i saw it
starting to break to the upside [07:47 am]
doji : By the time it started to break
to the upside thise long calls musr have been
very expensive [07:48 am] doji :
Lessons I learnt from my buddy
Sharky [07:48 am] go4it :
CVS [07:48 am] apple : they were not
i paid 1.13 [07:49 am] doji : Weekly
calls Apple? [07:49 am] skydiver :
covering 3/4 S LQDT [07:49 am] apple
: no, not at all, i did jul 21 [07:49 am]
doji : When and what time? I’ll run the
back trade for options from TOS
tonight… [07:53 am] skydiver : all
out of LQDT S [07:55 am] doji : CHK
approaching 20 [07:56 am] eyes : S
59.64 COH [07:56 am] doji : Nice
breakot at 19.7 [07:56 am] mikewd2 -:
should have been more patient with CHK
doji [07:56 am] mikewd2 -: a fewweeks
ago [07:57 am] doji : Just day
trading Mike [07:57 am] doji : You
never know when a bomb will fall from
EU [07:57 am] rusty : HUSA
halt [07:57 am] mikewd2 -: yep [07:58
am] doji : Apple, did you take LEN at
support around 30.8? [07:58 am] eyes
: Any thought COH S .64 [07:58 am]
scalpman : Out 1/2 VVUS S [08:00 am]
mikewd2 -: watching WLT [08:00 am]
apple : breakout on Crude [08:02 am]
skydiver : monitoring KORS [08:02
am] doji : Crude has been crazy these
days [08:02 am] apple : up last
several days tho [08:03 am] scalpman
: All out VVUS [08:04 am] doji : Oil
has been runing as if theer were no issues in
EU and USA [08:04 am] rusty : AVP
radar [08:05 am] doji : Hope you
closed KSS Mike [08:05 am] apple :
thx rusty [08:05 am] eyes : WWWW
Watching [08:05 am] mikewd2 -: yes
doji [08:05 am] khall : watching
CLR [08:06 am] apple : jon bon jovi
is releasing a male and female fragrances
with AVP [08:06 am] doji :
WFT [08:06 am] rusty : Bon Jovi goes
both ways? [08:07 am] doji : Same as
Anderson Copper? [08:08 am] doji :
LEN going parabolic [08:08 am]
skydiver : been monitoring CATO in
respect to joey – but no bounce on CATO this
morning [08:08 am] rusty : is that
why he is called AC 360? [08:09 am]
mikewd2 -: spy hod [08:10 am] doji :
hahah you are funny Rusty [08:12 am]
skydiver : just found our cat – he was
out last night – fireworks scared him pretty
good. He’s wanting lots of
attention [08:13 am] eyes : Did any
one Get WWWW [08:13 am] skydiver :
not me eyes [08:16 am] eyes : out
back in the green by 7 [08:17 am]
eyes : i think id make more at
Mcdonalds [08:19 am] eyes :
🙂 [08:19 am] mikewd2 -: doji did you get
out of UVXY? [08:19 am] doji : YEs
Mike [08:19 am] mikewd2 -: nice [08:20
am] doji : 8.79 [08:20 am]
doji : Thanks Mike [08:20 am]
doji : I am monitoring it every day. It
should be a good swing when issues from EU
start to come up again at some
point [08:21 am] mikewd2 -:
agree [08:21 am] mikewd2 -: just can not
hold overnight [08:21 am] mikewd2 -: i
worried about gary [08:22 am] mikewd2 -:
but he was stopped he said [08:22 am]
doji : Me either Mike, too dangerous,
better for day trade for the time
being [08:22 am] rusty :
http://stockcharts.com/h-sc/ui?s=RTH:$TYX&
;amp;p=M&yr=20&mn=0&d
y=0&id=p84662555049 Interesting
long term chart [08:23 am] mikewd2 -: HLF
having another good day [08:23 am]
scalpman : SINA S @ 51.95 support
at 51.75….watching for a
breakdown [08:24 am] doji : I had it
in my list but forgot about it completely…
anyway, most stocks have been doing very well
since Friday [08:24 am] eddy :
watchin lqdt for bottom [08:25 am] mikewd2
-: YOKU [08:26 am] eyes : Ed any
thoughts on LTD do you think it is running
out of steam [08:26 am] Ed : still holding
the uptrend, see how it looks after lunch
hour [08:27 am] doji : The SPY is
holding here [08:27 am] eyes : it
looks to have support at 47.70 area [08:30
am] doji : The SPY wants to move
higher… [08:32 am] doji : I read
an article saying that is is a rally with a
bear trend and that the ES should hit 1400
and then start to reverse down to 1261 and
the further to challenge the 1200
support [08:36 am] mikewd2 -: KSS finally
turning over [08:36 am] rusty : I
love articles that predict not only the next
move but the two moves after [08:38 am]
doji : ARNA s 11.07 [08:38 am]
eddy : joy moving? [08:39 am]
skydiver : No ARNA shorts at
Ligthspeed [08:39 am] eddy : doji
where did u get shares ti short
arna? [08:39 am] doji : NAV
moving [08:39 am] scalpman : oUt 1/2
SINA S [08:39 am] scalpman : Out 1/2
CSTR S [08:40 am] doji : NAV
breakout [08:40 am] skydiver : CRM
dropped fast [08:40 am] go4it : no
ARNA at T/S [08:42 am] eyes : S
47.28 LTD with stop at 47.06 [08:42 am]
scalpman : Al lout CSTR S [08:43 am]
skydiver : nice scalp [08:43 am]
skydiver : I missed several shorts by a
split second
LULU FIRE
CRM [08:43 am] eyes : S Sina
51.80 [08:43 am] scalpman : Out
another 1/4 SINA S [08:44 am] eyes :
Covered .46 [08:44 am] apple : gotta
go early – have a lunch date – thx MK, E and
everyone. all have a great
evening. see you tomorrow. [08:44
am] skydiver : take care apple – enjoy
lunch [08:44 am] Ed : c ya apple [08:44
am] khall : bye apple [08:44 am]
eddy : bye Apple bon appetit [08:45
am] cdougan : c ya Apple [08:45 am]
apple : thx eddy. going to the
seaport [08:45 am] gregs : bye apple
thx for help [08:45 am] cdougan :
Gotta run have a great day everyone. Thanks
for the calls. [08:46 am] scalpman :
Thanks Sky…I got a couple of good
ones… [08:46 am] skydiver : take
care cdougan [08:46 am] scalpman :
Ed using agressive entry and tight
stops… [08:46 am] skydiver : yes
scalp – I see that — good work
— I’ll have to learn to do that better
🙂 [08:46 am] Ed : nice going
scalp [08:47 am] scalpman :
..working well today..I got a couple of
stopouts but very small loss, then
better re-entry [08:47 am] eyes :
Soped out .06 LTD [08:48 am]
scalpman : Holding a piece of
SINA…watching for rebound to
fizzle [08:48 am] scalpman : Target
51.20 [08:48 am] skydiver : I have 5
wins zero losses – but making small profits
today over all — but have $550 in bank so
far – better than McDonalds 🙂 [08:49 am]
eddy : way to go sky:) [08:49 am]
eyes : GO Sky My Mcdonalds was a Joke
🙂 [08:49 am] skydiver : goal —
$4,000 profit per day — shoot high – jump
the fence — I know eyes — had to respond to
it though 🙂 [08:50 am] eyes : Sky
how many shares do you trade at a
time [08:50 am] skydiver : right now
— about 400 – 600 [08:50 am]
skydiver : depends on price of
stock [08:50 am] eyes : ME 100 too
200 I need to up it to 500 [08:51 am]
skydiver : aggressive for me is
800 shares [08:51 am] skydiver :
When I had Scottrade – I had to do more
shares due to high commisions on each trade
— [08:51 am] scalpman : SINA trying
for lower low. [08:52 am] scalpman :
Tradestation is $1/100 shares [08:52 am]
eyes : i used to trade 2000 but only
after .10 gain not a good idea [08:52 am]
scalpman : If your monthly volume is
high…near 300K shares , you get a better
rate. [08:52 am] skydiver : gotcha
eyes – risk/reward not good on that [08:52
am] Ed : u dont want to up the shares b4
becoming consistent, its all about process,
money will take care of itself [08:52 am]
skydiver : good point Ed [08:52 am]
scalpman : good point… [08:53 am]
skydiver : nice to have such great
mentors from TSA 🙂 [08:54 am]
scalpman : exactly…. [08:54 am]
eyes : Heres a example i traded 100
shares LTD 47.28 stoped .06 [08:54 am]
scalpman : trailing last stop on SINA
S [08:55 am] eyes : same with Sina
100 Share 51.80 out 51.46 [08:55 am]
skydiver : break time for me – be back
in a few [08:56 am] Ed : c ya
sky [08:56 am] scalpman : all out
SINA… [08:57 am] eyes : VVUS
breaking CON low vol [08:57 am]
scalpman : stochs double
bottom [08:57 am] apple : hi from
appleseed [08:58 am] khall : hi
robert [08:58 am] scalpman : Time to
go….5/6 green trades. [08:58 am]
khall : see ya tomorrow scalp [08:58
am] scalpman : excellent calls from
Mitch today…thanks Mitch… [08:58 am]
Ed : c ya scalp [08:59 am] scalpman
: By ED…see you apple, and sky….great
trading! [08:59 am] scalpman :
Scalpman has left the
building! [08:59 am] eyes : OK vol
Pickup on VVUS [08:59 am] eyes : I
missed it thou [09:01 am] scalpman :
Back…total shares today…8800 [09:02
am] scalpman : and bye khall…bye
again. [09:07 am] Ed : Hey eyes, see u
keep share real low, this helps to keep ur
emotions down. As u get more consistent, u
gradually increase ur trading shares size.
And at that point u have become so consistent
in apporach and process, as u gradually
increase this is where money takes care of
itslefl. 200 to 300 then to 400, then
500 and so on. So no rush, u rush to prcoess
it will be quick way to lose money fast. Like
tading 1k,2k and sometimes more
shares [09:09 am] Ed : we all want to make
money, but we should place process ahead of
it not other way around as this will allow
for staying power in markets [09:10 am]
khall : great advice for all of us Ed,
thanks [09:11 am] Ed : no problem we are
all here to help each other get better no
matter the level that goes for me
too [09:11 am] khall : seems like
it’s a very slow process sometimes – for me
anyway [09:13 am] Ed : it can seem that
way but its much quicker than getting a
degree [09:13 am] khall : LOL – and
usually less money as well! [09:13 am] Ed
: true [09:14 am] go4it : Isn’t
position size in $$$ what you want to
watch? [09:14 am] Ed : fyi, I think I paid
for 3 people to get a degree from doing it
the hard way [09:14 am] Ed : what do u
mean bruce? [09:14 am] eyes : You
are right Ed Thanks i am back to +60 But only
one shares at a time I started off the day
with 300 [09:15 am] doji : CHK held
the VWAP [09:15 am] mikewd2 -: SINA at
VWAP [09:15 am] go4it : 500 shares @
$10 and 500 shares at$50 big diff [09:16
am] Ed : by far great point, thats why
newbies should not trade stocks under
20 [09:16 am] mikewd2 -: about 5:1
difference go4it! lol [09:17 am]
go4it : i trade by position size and
adjust shares accordingly [09:18 am]
mikewd2 -: after 2stops KSS finally giving it
up [09:18 am] Ed : me too Bruce [09:18
am] go4it : thks Ed [09:18 am]
skydiver : good teaching Ed — thnx
🙂 [09:19 am] eyes : Thoughts on LTD
wanting to break CON [09:20 am] Ed : no
trade in it for me here eyes [09:20 am]
eyes : ty [09:21 am] doji :
Eyes, what is CON? [09:21 am] eyes :
Consolidating [09:22 am] eyes :
there she goes [09:23 am] eyes :
very weak [09:26 am] mikewd2 -: SINA
L [09:28 am] doji : NFLX
moving [09:29 am] doji :
breakout [09:29 am] doji : I am
riding one small position in NFLX; target
would be 90 and then 100 [09:29 am]
doji : swing trade [09:32 am]
mikewd2 -: good luck doji [09:32 am]
khall : what are you using for a stop
doji? [09:32 am] doji : Thanks
Mike [09:33 am] doji : Around
76.50… [09:34 am] doji : Risking
$3 to get $10 or if lucky, $20… [09:34
am] khall : gotcha [09:48 am]
doji : NFLX getting 82… hope it
doesn’t drop like a rock tomorrow [09:58
am] rusty : Sell when everyone is
buying,,,, [10:00 am] rusty : and
you will be smiling when everyone is
crying [10:00 am] Ed : good one [10:00
am] rusty : corollary to “the trend is
your friend” [10:00 am] eyes : Well
Break Time For Me see you all in a
while [10:01 am] rusty : cya
eyes [10:01 am] Ed : c ya eyes [10:01
am] khall : I’m out for the day – have
an appt this afternoon – see you all
tomorrow [10:01 am] eddy : cya
eyes [10:01 am] eddy : bye
khall [10:01 am] Ed : c ya khall [10:04
am] eddy : Ed wud u go long here on
ctxs? [10:05 am] eddy : maybe too
late now? [10:05 am] Ed : no its hitting
resistance 83.72 [10:09 am] eddy :
SPY MOVING [10:12 am] rusty : to
Florida? [10:13 am] Ed : lol [10:13 am]
eddy : 🙂 [10:15 am] rusty :
http://www.huffingtonpost.co.uk/2012/06/15/wo
mans-mouth-falls-pregnant-squid-seafood_n_159
9218.html [10:16 am] eyes :
NTRS [10:16 am] Ed : oooooh [10:18 am]
doji : so next time watch out what you
put in your mouth [10:18 am] doji :
Only 30c drops in PM [10:18 am] Ed :
scaling is off [10:19 am] doji : LEN
at VWAP [10:21 am] rusty :
http://www.nbcmiami.com/news/local/Hallandale
-Beach-Lifeguard-Fired-For-Leaving-His-Zone-F
or-Rescue-161372785.html [10:29 am]
doji : NFLX new hod [10:29 am]
eyes : hhc [10:34 am] doji :
Drop in SPY [10:35 am] eyes : Does
Any one know the news on GMCR [10:38 am]
doji : No but better you check FB…
NFLX is rallying becuase its CEO posted nice
figures on his FB’s page [10:39 am]
rusty : there goes Reg FD [10:39 am]
doji : FD? [10:39 am] doji :
IPO? [10:40 am] eddy : FD? [10:41
am] rusty : Reg FD = SEC rule requring
fair disclos sure FB post counts as Fair
disclosure [10:41 am] rusty : not
sure [10:42 am] rusty : pardon my
typing…got lasagna stuck in
keyboard [10:42 am] eddy :
🙂 [10:44 am] doji : Apple, do you
have a nice place where to reada about
Bollinger Band Squeeze? [10:46 am]
rusty :
http://www.sec.gov/rules/final/33-7881.htm
Reg FD [10:46 am] doji : LULU broke
60 with volume [10:46 am] doji : and
has support at 59.8 [10:47 am] doji
: SPY moving [10:47 am] doji : News?
EU? [10:48 am] doji : SPY going
parabolic [10:48 am] rusty : easy
doji [10:49 am] doji : ? [11:01
am] mikewd2 -: UVXY L [11:08 am]
doji : AN riding the 5min MA since
midday… [11:10 am] rusty :
http://my.jetscreenshot.com/demo/20120705-64z
u-133kb.jpg [11:11 am] skydiver :
yes doji – I went L on AN awhile ago – been
nice 🙂 [11:11 am] doji : And you
say it now? [11:11 am] doji : That
is a bear wedge on the SPY Rusty [11:12
am] skydiver : sorry – been in and out
of my office with phone calls etc.
Forgot to post – got in a little late, but
nice profit so far [11:14 am]
skydiver : But . . . doji . . . Mitch
posted AN at 10:40 [11:14 am] mikewd2 -:
pay attention doji! lol [11:15 am]
skydiver : I read early this morning AN
posted 38 percent increase in sales (if I
remember the exact figure correctly) – so
thought I’d jump in [11:15 am] mikewd2 -:
nice sky [11:15 am] skydiver :
didn’t jump in thou till Mitch mentioned
it [11:15 am] skydiver : better late
than never 🙂 [11:15 am] skydiver :
thnx mike [11:16 am] skydiver : LULU
double top? [11:17 am] doji : Have
to multitask! [11:19 am] skydiver :
trying to stay awake – up late for the
4th of July and up early 🙂 [11:20 am]
eyes : S Lulu 60.57 not acting
right [11:20 am] doji : Mitch posted
AN at 10:40 but at that time it was well
above its lod [11:20 am] doji : HE
was looking for short I’ll assume [11:21
am] mikewd2 -: your correct doji [11:22
am] skydiver : yes doji – he was
— however, after looking at the super
strong report I went L on it – [11:22 am]
doji : jajajaja [11:22 am]
skydiver : argh – missed KORS move
up [11:23 am] doji : Mike, still
long in UVXY? [11:23 am] doji :
An [11:23 am] mikewd2 -: yeah doj, hasn’t
hit my stop yet [11:23 am] doji :
Waht is your stop? [11:24 am] doji :
lod = 8.26 [11:24 am] mikewd2 -: 8:30 –
did a dime below my entry [11:25 am]
doji : I just wodenr how you get thos
prices 1 or 2c above the lod [11:25 am]
mikewd2 -: i watch [11:26 am] rusty
: i give my broker explicit instruction to
buy at lod [11:26 am] mikewd2 -: my entry
was 8.4 [11:32 am] rusty :
p;amp;feature=player_embedded [11:32 am]
rusty : what this world coming
to [11:35 am] rusty : NFLX
aler [11:35 am] rusty : t [11:35
am] doji : I didn’t get the lod in UVXY
but I got $830… [11:35 am] mikewd2 -:
nice [11:36 am] doji : Was CEO’s
post a joke? [11:36 am] doji :
Hahahah [11:36 am] mikewd2 -: u back in
doji? [11:36 am] doji : $8.30 my
entry Mike not my profits [11:36 am]
doji : Yes Mike [11:36 am] mikewd2
-: ah, good [11:36 am] doji : I
didn’t get to the lod = 8.26…. [11:37
am] doji : but I’ll close it
today [11:37 am] eddy : is
UVXY trend usually oposite to
SPY? [11:37 am] mikewd2 -: i moved my stop
down to lod when u mentioned it, sostill
in [11:37 am] rusty :
http://www.facebook.com/reed1960 [11:37
am] mikewd2 -: usually eddie [11:37 am]
eddy : gd to know [11:38 am]
rusty : UVXY moves same direction as
VIX [11:38 am] doji : But UVXY
follows the volatility index VX
Eddy [11:38 am] mikewd2 -:
correct [11:38 am] eddy : ok thx
guys wil watch .never traded uvxy
before [11:39 am] mikewd2 -: its a crazy
stock that continues to lose, it did a
reverse split a few months ago [11:40 am]
mikewd2 -: its short term vix, so contracts
expires it goes to next month [11:40 am]
rusty : UVXY is only good if you are
good at timing..very short term based on
futures [11:40 am] mikewd2 -: and vix
futures are higher [11:41 am] eddy :
what is the ticker to monitor vix? [11:41
am] rusty : $VIX or $VIX.X on many
systems [11:42 am] eddy : k thx
rusty [11:44 am] doji : On TOS, its
is only VIX Eddy [11:44 am] doji :
Nice drop in AN… [11:44 am] rusty
: Reed HastingsTuesday near Los Gatos,
CA.Congrats to Ted Sarandos, and his amazing
content licensing team. Netflix monthly
viewing exceeded 1 billion hours for the
first time ever in June. When House of Cards
and Arrested Development debut, we’ll blow
these records away. Keep going, Ted, we need
even more! [11:45 am] rusty : from
NFLX CEO FB page earlir [11:45 am]
rusty : these ceo’s live in another
world [11:47 am] eddy : mike still
in uvxy? [11:49 am] mikewd2 -: yes, would
have been stopped but moved to below
lod [11:49 am] mikewd2 -: CJES L
18.49 [11:50 am] mikewd2 -: hopefully
eddie that was good move [11:51 am]
doji : You are right on the money in
UVXY Mike [11:51 am] doji : I have
my stop a b/e just in case [11:52 am]
mikewd2 -: good move doji [11:52 am]
eddy : im realizing now that trading
uvxy cud be a very profitable and frequent
daily trades [11:53 am] mikewd2 -: yes
eddy [11:53 am] eddy :
interesting [11:53 am] mikewd2 -: i
usually watch the spy and buy based off
it [11:53 am] mikewd2 -: but not
perfect [11:53 am] eddy : one cud
concentrate on this alll day nd make decent
money [11:54 am] eddy : there you go
mike it is breaking resistance [11:57 am]
doji : LEN new hod [11:58 am]
rusty :
http://my.jetscreenshot.com/demo/20120705-4li
4-77kb.jpg UVXY [11:59 am] rusty :
NFLX CNBC [11:59 am] rusty : re FB
posts [12:01 pm] doji : Rusty,
another bear wedge in the UVXY… it should
signal eversal [12:01 pm] doji :
GMCR tripple top [12:02 pm] doji :
AN at VWAP [12:04 pm] rusty : guy on
CNBC has voice of cartoon character [12:04
pm] mikewd2 -: out UVXY at 8.55 [12:05 pm]
eddy : nice mike [12:06 pm]
eddy : u nd doji just gave me a lesson
in uvxy trading thx [12:06 pm] mikewd2 -:
about 1.5% [12:06 pm] eddy : nd
rusty too thx [12:06 pm] mikewd2 -: its
better on really violitile days [12:07 pm]
doji : Still want to ride higher on
UVXY Mike [12:07 pm] eddy : ill
start followin u nd doji on this
one [12:07 pm] doji :
Nooooooo…. [12:07 pm] eddy : lol
wat? [12:07 pm] doji : Mike is the
man [12:07 pm] eddy : ok
ok [12:07 pm] eddy : mike takes the
lead lol [12:08 pm] mikewd2 -:
http://seekingalpha.com/article/699221-volati
lity-players-start-your-engines?source=yahoo<
br>[12:08 pm] mikewd2 -: read this article
before playing uvxy [12:09 pm] mikewd2 -:
touched VWAP and reversed didn’t it
doji [12:09 pm] doji : YEs Mike, I
took 1/2 position out and will ride the
second 1/2 [12:10 pm] mikewd2 -: read the
article that i posted above doji [12:11
pm] eddy : so the higher the volatily
the more uvxy is on upward trend or the
contrary? [12:12 pm] doji : YEs
Mike, just opening, will read after the
market closes… need to finish a report that
I have to deliver today [12:12 pm] mikewd2
-: up on volatility [12:12 pm] eddy
: k [12:12 pm] mikewd2 -: nice
Ed [12:13 pm] eddy : gd one
ed [12:14 pm] Ed : thx [12:14 pm]
mikewd2 -: GMCR S 23.62 [12:14 pm] mikewd2
-: 23.52 [12:14 pm] doji : Mi alrm
triggered at 23.1 but I let it go… too
busy [12:14 pm] mikewd2 -: stop at
23.62 [12:15 pm] Ed : counting ur $ from
NFLX [12:15 pm] eddy : s gmcr
23.53 [12:16 pm] eddy : stop at
23.64 [12:17 pm] mikewd2 -:
stopped [12:17 pm] eddy :
oups [12:17 pm] doji : GMCR too
strong Mike [12:17 pm] mikewd2 -: fell for
the head fake [12:18 pm] eyes : Lulu
Just stoped me out and down she
went [12:19 pm] rusty : Lulu went
down on you? [12:20 pm] eyes : I am
done for the Day another green +30 [12:20
pm] rusty : not sure that kind of talk
allowed around here [12:21 pm] mikewd2 -:
thats what got you banned for the last few
months rusty [12:21 pm] mikewd2 -:
haha [12:21 pm] doji :
hahaha [12:22 pm] doji : I was told
he was sent to the retirement house [12:22
pm] eddy : s gmcr 23.60 [12:23 pm]
doji : Will watch GMCR… could move to
30 and try to close the gaps in the next
weeks [12:24 pm] doji : ARNA, ARNA,
rarararara [12:25 pm] doji : Having
alerat at PP, S/R levels and MA is making a
difference for me [12:25 pm] doji :
alerts [12:26 pm] rusty : if anyone
finds a DIMI borrow, pls let me
know [12:27 pm] doji : I just need a
reliable connectivity here…. [12:27 pm]
doji : Mike, you live in TX
right? [12:27 pm] rusty : try
match.cm [12:27 pm] mikewd2 -: yes
doji [12:27 pm] doji : I’ll be in
KATY the last ten days of July on
vacation…. [12:27 pm] doji : How
far are you? [12:28 pm] mikewd2 -: I’ll in
Jamaica last week in July [12:28 pm]
mikewd2 -: Going to Negril [12:28 pm]
mikewd2 -: I’m 1.5 hours away [12:28 pm]
doji : Ah ok…. next time [12:29
pm] doji : I usually travel to Houston
for business at least 3 times a year … hope
next time we can meet each other… [12:29
pm] mikewd2 -: so not toofar [12:29 pm]
mikewd2 -: sounds good [12:31 pm]
doji : Great… I’lll send you my
disclamer note via Facebook… [12:31 pm]
doji : We are still looking for
Shark… hahahaha [12:33 pm] mikewd2 -:
haha [12:33 pm] mikewd2 -: UVXY moving
higher [12:34 pm] doji : out another
1/4 UVXY [12:34 pm] doji : Watching
CHK [12:40 pm] rusty : NASDAQ volume
1.11B shares – about 19% below its
three-month average; decliners lead advancers
by 1.1:1 [12:42 pm] go4it : Mike thx
for UVXY got nice chunk of green and trailing
last 1/4 [12:42 pm] mikewd2 -: good
job [12:42 pm] go4it : thx [12:44
pm] mikewd2 -: just becareful with UVXY, it
can move fast sometimes [12:47 pm]
shark : hi guys!!! [12:47 pm]
mikewd2 -: sharky [12:47 pm] Ed : hey
shark [12:48 pm] eddy : hey
shark [12:48 pm] skydiver : hey
shark [12:48 pm] doji :
Shaaaaaarrrrrrkyyyyy!!!!!! [12:48 pm]
shark : just got back from Amazon
jungle in Iquitos [12:48 pm] doji :
Where did you leave Jane, Tarzan? [12:48
pm] shark : i brought her back to the
city with me [12:48 pm] doji :
Great! [12:49 pm] murano :
KSU [12:50 pm] doji : Only 10min to
the close [12:51 pm] Ed : nice one
murano [12:52 pm] eddy : ed how do
we trade ksu? [12:52 pm] doji : KSU
still holding up [12:54 pm] mikewd2 -: out
KSU S, thanks murano [12:54 pm] mikewd2 -:
quickie [12:54 pm] skydiver : yes –
S 71.65 KSU – 71.34 [12:54 pm]
skydiver : thnx murano [12:55 pm]
mikewd2 -: 71.71 but covered 71.40 [12:55
pm] mikewd2 -: same money sky [12:55 pm]
Ed : Its more of fast mover, and about now is
were one should be taking profits [12:55
pm] mikewd2 -: worred about the time of day
Ed [12:55 pm] skydiver : how about
that Mike 🙂 – yes – got out a bit early –
Thnx Ed [12:55 pm] Ed : on these eddy
indicators will lag big time, [12:56 pm]
doji : I just took it at6
71.55… [12:56 pm] Ed : thats why these
are advanced trades [12:56 pm] doji
: all out now [12:56 pm] eddy : i
know i plce an order at 71.71 vut did not get
a fill [12:56 pm] doji :
55c [12:56 pm] mikewd2 -: nice
doji [12:56 pm] skydiver : nice
🙂 [12:56 pm] Ed : it takes practice, to
get good at these, best done in sim account
when u get it setup [12:57 pm] doji
: I needed confirmation and also my
connectivity sucks…. so my entry was a
little late [12:57 pm] mikewd2 -: looks
like more downside [12:57 pm] doji :
Ok fellas that’s all for me… see you
tomorow [12:58 pm] Ed : c ya
doji [12:58 pm] mikewd2 -: i would have
held longer but watchedmoney [12:58 pm]
eddy : same for me bye all [12:58
pm] rusty : gn all [12:58 pm]
mikewd2 -: bye guys [12:58 pm] Ed : c ya
eddy rusty [12:58 pm] skydiver :
take care all — I’m gone too – see you all
in the morning — great day!!! [12:58 pm]
Ed : c ya sky [12:59 pm] skydiver :
thnx again Ed — 🙂 and Mitch 🙂 and
everyone!! [01:00 pm] gregs : take
care mitch
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