[06:26 am] Kris : Good Morning Traders
[06:26 am] Kris : I’m watching FLIR, SWKS,
ESRX, MUR, GSM, CBST, AMLN and SLAB as
possible longs
[06:27 am] Kris : I’m watching RT REGN, ETFC,
ROP and JRCC as possible shorts
[06:29 am] Kris : 1 minute, time to rock!
[06:30 am] Kris : ETFC short
[06:31 am] Kris : MOS long half position
[06:32 am] Kris : NRG long half position
[06:32 am] Kris : RT short
[06:33 am] Kris : CAT long half position
[06:33 am] Kris : IDCC short
[06:33 am] Kris : SPY pushing hod[06:35 am]
Kris : AGCO long half position
[06:35 am] Kris : HGSI short half position
[06:36 am] Kris : QPSA long half position
[06:38 am] Kris : looking for HGSI for lose
21.00
[06:38 am] Kris : RT consolidating for lower
lows, not much follow through with the
markets.
[06:38 am] Kris : will look to add second
half on MOS soon
[06:39 am] Kris : TZOO long half position
[06:41 am] Kris : long second half NRG
[06:41 am] Kris : out half MOS long
[06:42 am] Brent : watching COV for a
bounce
[06:42 am] Mitch K: watching SIX
[06:43 am] Kris : long second half CAT
[06:43 am] Kris : out half TZOO long
[06:43 am] Mitch K: watching WFM for a top to
short
[06:45 am] Brent : watching LO for a bounce,
has support around $108.00
[06:45 am] Kris : out another 1/4 TZOO
long
[06:45 am] Kris : watching WFM for a short
[06:45 am] Mitch K: close some of the SIX,
try above 34.25
[06:45 am] Mitch K: watching for short on
WNR
[06:46 am] Kris : looking for new hod in
MOS
[06:46 am] Mitch K: watching for short on
MHS
[06:48 am] Kris : out 1/4 MOS long
[06:48 am] Kris : out half AGCO long
[06:48 am] Mitch K: looking for top in IDCC
to short
[06:49 am] Kris : out another 1/4 AGCO
long
[06:49 am] Kris : out half NRG long
[06:49 am] Kris : stop last 1/4 MOS under
73.17
[06:50 am] Brent : Consider reducing COV,
next target 50.95 area
[06:50 am] Kris : no, you should be out
bhikky[06:50 am] Kris : QPSA consolidating,
looking for a break to new hod[06:51 am] Kris
: if you’re still short, put a stop over
72.08
[06:51 am] Kris : SPY testing resistance,
looking strong
[06:51 am] Kris : TZOO pushing hod[06:52 am]
Kris : watching LO for a long
[06:53 am] Kris : ESRX long over 57.55
[06:54 am] Kris : out all AGCO long
[06:54 am] Mitch K: consider selling SIX
[06:54 am] Mitch K: watching LO for bottom to
buy
[06:56 am] Kris : AMTD long half position
[06:56 am] Mitch K: consider covering WFM
short
[06:56 am] Mitch K: IDCC turning over
[06:57 am] Kris : JEC long half position
[07:01 am] Kris : out half CAT long
[07:02 am] Mitch K: looking at TEX for short
soon
[07:03 am] Mitch K: monitoring UNP for a top
but UNP typically doesnt reverse quickly
[07:11 am] Kris : out all MOS long
[07:11 am] Kris : out another 1/4 NRG long
[07:11 am] Kris : stop last 1/4 NRG under
25.25
[07:12 am] Kris : HGSI still looking weak
[07:12 am] Kris : out another 1/4 CAT long
[07:13 am] Kris : TZOO consolidating, looking
good for a mover higher.
[07:14 am] Mitch K: watching SIAL for short
here, turning over now
[07:17 am] Kris : I was distracted earlier
and missed the post but you should have had
at least .30 in that
[07:17 am] Kris : you guys got out of AMTD,
right?
[07:18 am] Kris : good just making sure
[07:31 am] Kris : TZOO resistance around
62.60, gonna face 2 more levels over that.
[07:34 am] Mitch K: watching IMAX for a
bottom
[07:35 am] Kris : will look to short IMAX on
a weak bounce
[07:43 am] Kris : I’ll be looking to short
IMAX but it could give a tradable bounce.
[07:44 am] Kris : QPSA moving backup to hod
resistance
[07:45 am] Kris : JEC long second half
[07:45 am] Kris : SPY holding up, looking for
a new high
[07:47 am] Kris : HGSI testing lod, look for
new low
[07:47 am] Kris : QPSA new hod[07:49 am] Kris
: IMAX new lows
[07:53 am] Mitch K: watching WFM for 2nd
helping short
[07:54 am] Kris : if you have IMAX short,
look to start covering on some soon and
moving your stop down.
[07:56 am] Kris : watching HCA for a long
[08:25 am] Mitch K: watching LNG for short,
turning over now
[08:50 am] Mitch K: watching HRBN
[08:55 am] Mitch K: consider selling most of
HRBN if long
[09:20 am] Brent : take care scalpman[09:21
am] Mitch K: your call topdog on the SINO
covering. it looks like it will have another
down day tomorrow so maybe consider covering
half or 1/3rd of your short at a time
[09:26 am] Mitch K: ATRN also good idea, good
trading mostly on short side. use any
rebounds to short into, start small
[09:32 am] Brent : SPY new high of day
[09:45 am] Brent : thx Rusty
[09:47 am] Brent : lol, good strategy
rusty
[10:02 am] Brent : SINO still trending
down
[10:16 am] Brent : good eye Junior on DTLK
[10:19 am] Kris : out half JEC long
[10:19 am] Kris : stop second half under
42.94, looking for higher highs.
[10:25 am] Mitch K: may you all have 3 of
these a day
[10:25 am] Mitch K: ONTY was classic bounce
for a long scalp and then a short on the top
of the bounce
[10:29 am] Mitch K: watching CNC for possible
bounce
[10:39 am] Mitch K: you guys notice there is
less volume and fewer stocks moving today?
pretty sure it is because more people are on
the sideline with the wait and see attitude
with the debt deal
[10:41 am] Mitch K: that plus it is late
July. AUgust is usually slowest month and
then things get back into normal after Labor
day. but i think we get some real volatility
this week both directions. all waiting on
debt deal.
[10:42 am] Mitch K: Not even the comment from
Moody’s that “Greek default almost a
certainty” did not affect market like it
would have 2-3 weeks ago
[10:51 am] Mitch K: CNC moving
[11:25 am] Mitch K: CNC shortable but late,
you guys know the routine though
[11:43 am] Brent : you short ATRN ronfranc?
what’s your entry?
[11:45 am] Brent : nice, I’d say anytime, you
could cover some here and manage the rest
with a trainling stop on ATRN
[11:46 am] Brent : not enough potential in my
opinion forgetmenot. It’s trending down with
lower highs on COV
[11:47 am] Brent : take care Lorie, have a
great night
[11:48 am] Mitch K: WPI shortable soon,
[11:49 am] Mitch K: BHI
[12:02 pm] Brent : nice Candelas
[12:41 pm] Brent : good eye Junior SPWRA
[12:46 pm] Mitch K: you are on point today
junior
[12:53 pm] Mitch K: did anyone short WPI?
time to cover
[01:01 pm] Brent : have a great night
everyone, see you in the morning
[01:01 pm] Kris : Good Night Everyone. See
you tomorrow 7-25-2011
|
[06:42 am] chato : TZOO
[06:48 am] bhikky : IDCC still short?
[06:49 am] pow : dang
[06:51 am] bhikky : thank you!
[06:55 am] rusty : IDCC price target raised
to $118 at MKM Partners
[06:56 am] forgetmenot : thx brent for
cov[07:03 am] mbear : fcx[07:10 am] scalpman
: LO maybe 2nd bottom
[07:13 am] forgetmenot : opinion on TZOO
pls[07:17 am] candelas : ages ago
[07:17 am] mikewd2 -: 4 trades ago
[07:26 am] rusty : ONTY negative article
out
[07:28 am] scalpman : Target on TZOO
long…?
[07:31 am] derns : Kris…do you like TZOO
here? Consolidating again?
[07:31 am] mikewd2 -: LO looking good
[07:31 am] scalpman : UNP toppy
[07:33 am] candelas : multiple trades on
LO
[07:33 am] joeytsa : yeah mike…looks like
they had a triple bottom
[07:33 am] mbear : imax moving
[07:33 am] scalpman : UnP drop
[07:34 am] joeytsa : indicators higher on
each bottom also
[07:37 am] mikewd2 -: SLAB
[07:42 am] scalpman : IMAX Short or Long?
[07:43 am] forgetmenot : CAT hod[07:58 am]
pow : dang
[08:03 am] lorie : LNG
[08:06 am] ronfrac : Am I the only one w/o
charts in the trading room?
[08:07 am] candelas : i have charts on my
end
[08:07 am] mikewd2 -: i see the charts
ron[08:08 am] Brent : did you try to refresh
the trading room ronfrac? blue “x” in upper
right, then click reload
[08:09 am] candelas : new lod hca[08:09 am]
qwert : Kris are you still short etfc[08:11
am] ronfrac : I click blue X and nothing
happens. I’ll go out and reboot TSA
[08:12 am] anthonyb : ronfrac, how much RAM
to you have?
[08:15 am] Kris : no qwert[08:17 am] scalpman
: HCA consol[08:18 am] ronfrac : Got
charts
[08:19 am] ronfrac : llen showing
strength
[08:20 am] anthonyb : IDCC
[08:21 am] scalpman : HCA L @ .85
[08:21 am] topdogrex : Anyone holding SINO
short
[08:22 am] scalpman : Out 1/2 HCA target
.30
[08:23 am] scalpman : Resist HCA @ 29
[08:24 am] scalpman : All out HCA…might
re-enter
[08:25 am] mikeal : Chris do you like idcc
here?
[08:26 am] scalpman : 29.05
[08:26 am] scalpman : HCA L again @ 29.95
[08:27 am] scalpman : Out 1/2 HCA @ .33
[08:29 am] scalpman : All out HCA being
cautious
[08:29 am] scalpman : Stochs turning over
[08:31 am] junior : good trading on HCA
scalpman[08:33 am] candelas : hod GS
[08:33 am] pow : short on HCA MK?
[08:39 am] mhaus : MOS moving
[08:41 am] junior : HRBN
[08:47 am] forgetmenot : HCA holding
[08:47 am] lorie : ATRN
[08:51 am] mikewd2 -: any news on HRBN?
[08:52 am] anthonyb : for sure. I’m liking
it in here
[08:53 am] leo : HRBN for long or short?
[08:53 am] mikewd2 -: LO
[08:54 am] mikewd2 -: i missed HRBN also
[08:54 am] vans : hrbn bounced off support
so fast didn’t get a fill
[08:56 am] candelas : i set a limit at 17.48
hrbn right around support and area of
consolidation
[08:56 am] candelas : nice call Mith and
Jr
[08:57 am] junior : RLD watch
[08:58 am] scalpman : 8 for 14 today, up a
bit but too many losers…
[08:58 am] scalpman : If I could just do the
good ones…
[09:04 am] mikewd2 -: NFLX a short into
earnings? Going to raise prices, consumer not
thrilled.
[09:07 am] scalpman : Kris: Will you publish
some details on the Market Open strategy you
use?
[09:10 am] junior : LTM
[09:11 am] junior : LTM broke quick
[09:14 am] scalpman : Mitch, does the
formation of a bottom wick, play into the
entry strategy with a small position (when
going long)?
[09:14 am] scalpman : Note: the bottom wick
on HRBN.
[09:15 am] Mitch K: the price hit there
[09:15 am] Mitch K: yes it does
scalpman[09:16 am] Mitch K: there’s your
bottom scalpman, at 1152 eastern
[09:17 am] Mitch K: on HRBN
[09:17 am] Mitch K: that’s a tick chart,
shows all transactions
[09:17 am] suzie : SLV
[09:18 am] mikewd2 -: fall silver fall
[09:18 am] scalpman : I see… my chart
displays 1, 20 or 25 ticks…what does that
mean?
[09:19 am] stevemld : trades
[09:19 am] topdogrex : Mitch any thoughts
covering SINO low 5`
[09:20 am] derns : Mikewd2…keep on
cheering…I would like to see SLV drop as
well
[09:20 am] lorie : ATRN again
[09:20 am] lorie : ONTY
[09:20 am] scalpman : Got to go for
today…I look for comments in an hour.
Thanks for help Mitch, Kris and Brent~
[09:21 am] mikewd2 -: ZSL has been making
money most days
[09:22 am] pow : BVN tanking
[09:23 am] rusty : ICAD 510k FDA approval
[09:24 am] mohammadhafiz : is someone have
short on etfc[09:24 am] pow : SKUL breaking
out on low vol[09:24 am] topdogrex : Thanks
Mitch
[09:25 am] Mitch K: good call with ONTY
lorie[09:33 am] candelas : Kris do u still
have some cat long
[09:35 am] pow : clne breaking out of
downtrend
[09:43 am] forgetmenot : thx for HRBN
[09:43 am] rusty : ATRN
[09:43 am] rusty :
http://seekingalpha.com/article/281377-shares
-of-atrinsic-are-poised-to-triple?source=yaho
o
[09:43 am] rusty : pardon if repeated
[09:46 am] forgetmenot : cat
[09:47 am] rusty : whenever I see a
seekingalpha article I look at the picture of
the author first to decide if the article has
any merit. ATRN guy looks like Adam Sandler
distant cousin
[09:48 am] pow : GMCR possible short here
[09:54 am] stevemld : lol rusty
[10:04 am] mhaus : SPN hod[10:06 am]
observer : Thx, Kris JEC
[10:07 am] stevemld : really nice up and
down ONTY thanks for the heads up Lorie
[10:08 am] forgetmenot : ARUN worth watching
for long?
[10:11 am] mhaus : Moody’s warns Greek
default almost certain
[10:15 am] junior : DTLK spike
[10:24 am] mhaus : PAAS
[10:25 am] rusty : Thank you Reverend
Mitch
[10:27 am] vans : what is onty to bounce
to?
[10:36 am] mikewd2 -: SLAB near lod[10:36 am]
vans : no shorts on onty or aapl, crazy
[10:37 am] forgetmenot : HCA
[10:37 am] vans : cnc acting weak
[10:39 am] apple : thx, MK, agree
[10:39 am] vans : rose a monster
[10:40 am] candelas : yes sir
[10:40 am] rusty : TZOO radar
[10:41 am] rusty : droppin a bit fast
[10:42 am] mando : I agree Mitch. Watching
cars rust is much more exciting than today.
Been waiting for a market downturn all day.
Maybethis is it starting.
[10:47 am] forgetmenot : is there a bottom
to HCA ? zero?
[10:47 am] vans : cnc tricked me twice
now
[10:49 am] apple : lol, just like the
rest
[10:49 am] Brent : HCA should have good
support at zero forgetmenot[10:49 am] mbear
: lol Brent
[10:50 am] apple : MK, do you see a breakout
for IDCC?
[10:50 am] Brent : that’s right, set an alert
at $0.05
[10:50 am] forgetmenot : at least there’s a
number we can work off of
[10:51 am] apple : thx. I know, that’s why
I asked.
[10:51 am] Mitch K: hard to read into that
apple
[10:51 am] vans : no fill on cnc[10:52 am]
vans : MK, is cnc considered a chase here
[10:53 am] candelas : if u trade off of 1min
it passed
[10:54 am] candelas : but that’s my trade
plan
[10:56 am] candelas : as it gets later in
day I get real picky on my trades
[10:57 am] ronfrac : long cnc 34.89
[10:59 am] apple : rose going strong
[11:03 am] candelas : gs hod[11:04 am] vans
: cog is a slow climber, may back off with
rose
[11:05 am] vans : idcc large jump
[11:06 am] apple : and back down again
[11:07 am] vans : rose and cog, buy on dip
or short? tough
[11:08 am] forgetmenot : out CNC
[11:10 am] candelas : mcp hod[11:12 am]
mhaus : RLD
[11:15 am] ronfrac : MK:everytime I see one
of your charts in the trade room
5/20,5/25,10/20. What determines your
selection of the MA’s are different
[11:17 am] vans : rld worth watching, thnx
mhaus[11:18 am] candelas : could be possible
turning point on daily as well rld[11:19 am]
vans : darn, not shortable[11:20 am]
candelas : which broker u have Vans
[11:21 am] candelas : ok
[11:21 am] vans : gxtrader, trade off
charts, 25 k needed, $1 trades, but never
anything to short
[11:26 am] candelas : multiple trades
[11:29 am] mh : ew?
[11:33 am] ronfrac : stp out cnc 35.04
[11:35 am] ron : anyone have a cover target
for ATRN?
[11:36 am] candelas : nfl lockout officially
ends
[11:36 am] junior : BIDU
[11:41 am] rusty : nothing special yet
[11:41 am] rusty : TZOO radar
[11:44 am] forgetmenot : Brent COV worth
watching for long here?
[11:44 am] ron : yeah Brent, from 5.40
[11:44 am] rusty : SAPX radar perhaps for
tomorrow – low float be careful
[11:45 am] ron : ok thx Brent
[11:48 am] junior : BHI spiking
[11:49 am] Brent : I don’t care for RLD here
delhi[11:49 am] delhi : Brent, RLD shOrt
here?
[11:50 am] Mitch K: good eye junior
[11:51 am] candelas : i may take a small
swing in rld[11:52 am] candelas : thx Jr.
for bhi[11:56 am] derns : BHI…is it
consolidating for another run up?
[11:57 am] candelas : gs hod[11:58 am]
candelas : will look to close my gs swing
today or 2morrow
[12:00 pm] candelas : closed 3/4 of gs for
plus 3.5points will trail last 1/4
[12:02 pm] candelas : over the last year I
have learned sooo much from u guys
[12:02 pm] candelas : thx
[12:06 pm] stevemld : BHI plus .26 thanks
Mitch
[12:07 pm] candelas : thx joey
[12:07 pm] joeytsa : great trade candelas
!!!
[12:07 pm] mando : heckuva time for a power
outage in Dallas!! Hope I did not miss some
disaster
[12:08 pm] apple : SINA, too
[12:08 pm] mhaus : IDCC, HGSI both down
sharply
[12:08 pm] mhaus : IMAD lod[12:08 pm]
mikewd2 -: SINA falling
[12:09 pm] apple : i know from
experience!
[12:09 pm] mhaus : I don’t trust SINA
[12:10 pm] mhaus : last time I had to carry
it over to make money
[12:10 pm] mikewd2 -: it does produce some
nice falls and rises
[12:11 pm] apple : AMZN down
[12:11 pm] apple : yes, but mhaus you are
right
[12:11 pm] forgetmenot : the market is off
its hope of a deal on the debt ceiling i
guess
[12:12 pm] mhaus : MOS
[12:24 pm] forgetmenot : PBR worth looking
at for swing?
[12:32 pm] apple : thx MK, K, B and
everyone. Have a good evening.
[12:33 pm] terminator : check this out
http://seekingalpha.com/currents/all
[12:40 pm] junior : SPWRA alert
[12:44 pm] chato : Is not too late in the
day for SPWRA?
[12:49 pm] mhaus : MK, is HGSI worth a swing
trade?
[12:51 pm] Mitch K: too late for me
chato[12:53 pm] Mitch K: HGSI is getting
close mhaus but another 1-2 down days would
be better first
[12:55 pm] mhaus : Thanks. Will wait for a
couple of days
[12:56 pm] mhaus : mbear, could you please
send me an email at [email protected]? Had a
question for you.
[12:56 pm] odyssey : junior how do you scan
for these stocks SPWRA,HBRN etc….
[01:00 pm] observer : Thanks and goodnight
to TSA and traders
[01:01 pm] leo : Thanks Mitch, Brent, Kris
and comrades. Have a nice one. See you
tomorrow.
[01:03 pm] aussie123 : WPI SH
69.79….69.51…..+.28 [01:01 pm] mbear :
good night all thanks for another profitable
one
|
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