[06:14 am] Kris : Kris : good morning my
trading brothers and sisters
[06:15 am] Kris : Kris : Today I’m watching
CF, DLTR, OCN, NGD, YOKU, TTM, ATHN GMCR and
LULU for possible long trades.
[06:15 am] Kris : Kris : UBS, NIHD, AFL, DNR
and VQ on the short side.
[06:21 am] Brent : Brent : good morning
[06:23 am] Kris : Kris : I got a fever
[06:23 am] Kris : Kris : you know what this
song needs? more chime bells.
[06:24 am] Kris : Kris : and the only
medicine is more chime bells.
[06:27 am] Kris : Kris : 3 minutes to lift
off
[06:28 am] Kris : Kris : let’s rock!
[06:28 am] Kris : Kris : remember TZA and
TNA
[06:30 am] Kris : Kris : YOKU long half
[06:31 am] Kris : Kris : SINA long half
[06:32 am] Kris : Kris : CERN long half
[06:34 am] Kris : Kris : out half YOKU
long
[06:34 am] Kris : Kris : RVBD long half
[06:34 am] Kris : Kris : stop rest YOKU under
24.94
[06:35 am] Kris : Kris : out half RVBD
long
[06:36 am] Kris : Kris : TSLA long half
[06:37 am] Kris : Kris : see how she holds up
here
[06:37 am] Kris : Kris : SPY at resistance at
120.00
[06:38 am] Kris : Kris : BEXP long half
[06:39 am] Kris : Kris : HLS long half
[06:39 am] Kris : Kris : RVBD out another
1/4
[06:41 am] Kris : Kris : CERN long second
half
[06:41 am] Kris : Kris : watch for a breakout
of new hod on CERN
[06:42 am] Kris : Kris : BEXP long second
half
[06:43 am] Kris : Kris : SPY pushing new
hod[06:45 am] Kris : Kris : I’m still long
TSLA but she’s anorexic
[06:45 am] Kris : Kris : stop CERN under
65.46
[06:46 am] Kris : Kris : we’re getting some
consolidation here in the markets
[06:48 am] Kris : Kris : RVBD still looking
good
[06:49 am] Kris : Kris : looking for new hod
in BEXP
[06:50 am] Kris : Kris : JNY long
[06:50 am] Kris : Kris : MTOR long half
[06:53 am] Kris : Kris : SWKS long half
[06:56 am] Kris : Kris : I’m watching these
longs closely here. need to see the spy make
a strong break from this range.
[06:59 am] Kris : Kris : buyers coming in
here.
[07:05 am] Kris : Kris : I’ll take TNA long
over 46.07
[07:12 am] Kris : Kris : come on let’s go
[07:15 am] Kris : Kris : derns[07:15 am] Kris
: Kris : it keeps building uptick, we should
get a move here soon.
[07:15 am] Kris : Kris : SPY
[07:16 am] Kris : Kris : getting more green
coming across the board, watch that trendline
resistance.
[07:23 am] Kris : Kris : Hey Doji[07:23 am]
Kris : Kris : my stop is at 10.94
[07:23 am] Kris : Kris : yes
[07:25 am] Kris : Kris : I could have slept
in this morning. slow day so far.
[07:26 am] Kris : Kris : lol, yes anthonyb,
this is what summer feels like typically.
[07:35 am] Kris : Kris : out half MTOR
long
[07:45 am] Mitch K: Mitch King: there are
still over 1.1 mil homes out of power on east
coast, mostly NY and NJ area, that adds to
slow day
[08:13 am] Brent : Brent : SPY at resistance
here
[08:20 am] Kris : Kris : I still have a small
piece
[08:20 am] Kris : Kris : what’s your question
itacher?
[08:21 am] Kris : Kris : I’m having some
problems with my vision this morning.
[08:21 am] Kris : Kris : stop is at 16.26
[08:45 am] Brent : Brent : SPY looking to
test hod[08:47 am] Brent : Brent : I don’t
think he did Mikewd since he took a break
[08:49 am] Brent : Brent : if you got TNA
long
[08:49 am] Brent : Brent : look to reduce
some TNA in this area
[09:03 am] Brent : Brent : SPY new hod[09:05
am] Brent : Brent : consider reducing more
TNA here if still long
[09:18 am] Kris : Kris : feeling better
now
[09:18 am] Kris : Kris : I’m back
[09:19 am] Kris : Kris : out half TNA long
[09:21 am] Kris : Kris : no, I’m out of TSLA
and HLS
[09:22 am] Kris : Kris : our webinar signup
page is now online
[09:23 am] Brent : Brent : I was just
finishing it up cause I saw you called it
before the lightning storm
[09:23 am] Kris : Kris : excellent
mhaus[09:23 am] Kris : Kris : good call
brother
[09:23 am] Kris : Kris : sorry bert, I see
you had TNA long
[09:32 am] Kris : Kris : MON looking good on
the long side
[09:33 am] Kris : Kris : I would prefer a
pullback and some consolidation and then a
break over 71.25
[09:44 am] Kris : Kris : SPY making new
highs
[09:46 am] Kris : Kris : MON is pulling back,
not consolidating yet
[09:55 am] Kris : Kris : next resistance in
SPY around 121.20
[09:56 am] Kris : Kris : we push through that
level and we could see 125 in the next 3-5
sessions.
[10:00 am] Kris : Kris : bullshorts have a
very specific pattern
[10:00 am] Kris : Kris : looks like an
earthquake
[10:00 am] Kris : Kris : no guys, no
bullshort on FRO
[10:01 am] Kris : Kris : like a seismic
event
[10:02 am] Kris : Kris : could maybe find a
short or two that’s been weak against the
market
[10:02 am] Kris : Kris : I think from here we
could get a pullback into support
[10:02 am] Kris : Kris : if you’re looking
for some afternoon trades
[10:02 am] Mitch K: Mitch King: did someone
say bullshorts. like the dog commercial, “I
smell bacon,
[10:03 am] Mitch K: Mitch King: look at the
daily chart, does that look like a
bullshort?
[10:03 am] Mitch K: Mitch King: on FRO
[10:03 am] Mitch K: Mitch King: that’s what I
call a death march on the daily chart for
FRO
[10:05 am] Kris : Kris : watch FOSL over
100.00
[10:06 am] Kris : Kris : look for another
pullback in FOSL before a long with a break
over 100.45
[10:11 am] Kris : Kris : anyone still long
SWKS?
[10:11 am] Kris : Kris : SWKS making new
hod[10:25 am] Kris : Kris : next resistance
22.00 derns. I’m not in that trade and I
wouldn’t chase it here. You talking on the
long side, right?[10:26 am] Kris : Kris :
what was your entry derns?
[10:37 am] Kris : Kris : that’s about 10
ticks out from where I would like to be on
JNPR entry derns but you should be fine. I
would look to take a little off and just
trail a stop just under your trendline
here.
[11:08 am] Brent : Brent : SPY looking to
test hod[11:50 am] Brent : Brent : yeah, slow
day joey
[11:57 am] Kris : Kris : as soon as there is
something worth posting we will post.
[11:57 am] Kris : Kris : it’s just a very
slow day
[11:57 am] Kris : Kris : We’re here
scanning
[12:31 pm] Brent : Brent : have a good night
Joey
[12:45 pm] Mitch K: Mitch King: i got
something cool now. i got a custom built
desk that I can stand up and have monitors on
the top, computer below in a shelf and it
keeps you alert,, better than sitting. so i
will alternate between sitting and
standing
[12:47 pm] Mitch K: Mitch King: yes derns,
indexes should continue moving up, with
slight pullbacks. Looking for more of a
steady uptrend, not as big days up and down
now but steady uptrend
[12:59 pm] Kris : Kris : everyone have a good
night. see you all back here tomorrow
morning.
[01:00 pm] Brent : Brent : have a good night
all. See you tomorrow 8/29/2011
[06:11 am] mikewd2 -: those that held TNA
over the weekend will be rewarded today
[06:12 am] joeytsa : 2 biggest reports today
look to be at 9am est..ECB president
speaking, and at 10am
[06:14 am] joeytsa : gap ups :
TZOO,LULU,TQQQ,SODA,HMCR,BIDU,BA
[06:14 am] joeytsa : gap downs : SQQQ
[06:26 am] joeytsa : IDCC,AAPL also gapping
up
[06:27 am] joeytsa : BA already dropping off
the morning gap up
[06:28 am] ltacher : UPRO excellent for me
..watching DIG ..
[06:37 am] joeytsa : APKT nice move
[06:40 am] joeytsa : out + 60cents on TNA
[06:43 am] ltacher : Kris I am in With TSLA
are you still in it
[06:56 am] doji : TZA L 43.81
[06:58 am] mhaus : CRM, CACI
[06:59 am] doji : All out TZA, 0.35 cents
[07:00 am] shark : CRM, CACI, looking’
good
[07:01 am] joeytsa : BIDU falling
[07:02 am] joeytsa : FOSL nice pattern,
shooting for hod[07:03 am] doji : What is
your stop in JNY Kris? I got it at 10.9
[07:04 am] rokh18 : Long FAZ
[07:05 am] joeytsa : on the ES, 1196.75
seems to be resistance, hit it 5 times past
10 minutes
[07:06 am] doji : Strong resistance on ES
hey Joey
[07:07 am] joeytsa : yeah, banged its head
at 1196 and 1196.50 a few times also
[07:07 am] joeytsa : that’s the temp line in
the sand for me
[07:14 am] uptick : Man, it sure looks like
it wants to go higher…
[07:15 am] doji : Still in JNY Kris?
[07:15 am] derns : Kris…is your last
comment re: TNA?
[07:16 am] derns : Thank you
[07:21 am] doji : still long in JNY?
[07:23 am] qwert : here comes tna[07:24 am]
sonorant : Doji, how did you get JNY at
10.9? Kris called it at 6:50 and it was much
higher then.
[07:25 am] ltacher : HLS moving higher with
the market
[07:25 am] doji : That is my stop
Sonorant
[07:25 am] apple : TSU
[07:26 am] ltacher : CERN looking good
[07:27 am] doji : MTOR with steady
uptrend
[07:31 am] joeytsa : might be slow all week,
last full week of summer for a lot of
people
[07:34 am] ltacher : SINA
[07:34 am] joeytsa : CF is strong
[07:34 am] doji : Kris, thanks for RVBD, I
got it from 23.51 all the way up to 24.18
[07:34 am] doji : BAC
[07:35 am] doji : Good call in MTOR als
Kris, thanks!
[07:37 am] joeytsa : out CF +3pts 🙂
[07:38 am] sonorant : good job joey, and it
looks like good timing too
[07:38 am] joeytsa : yeah, just saw big
drop
[07:38 am] joeytsa : makes up for a dumb es
trade
[07:39 am] mikewd2 -: joey what is the “E”
and “H” list?
[07:39 am] joeytsa : on the H list, didn’t
short it
[07:40 am] joeytsa : that’s how lightspeed
lists them in the mm window
[07:40 am] joeytsa : e= easy to borrow, h=
hard to borrow
[07:42 am] joeytsa : ANF looking for
hod[07:43 am] derns : Kris..did you get out
of SWKS?
[07:43 am] Brent : Just seeing if you were
here Mikewd[07:43 am] Brent : I thought
Etrade had the term “hard to borrow”
trademarked
[07:44 am] joeytsa : my ES tick chart in a
very tight range
[07:50 am] mikewd2 -: i plan on it
[07:50 am] doji : I’ll anthony for sure
[07:50 am] anthonyb : So, who will be
attending this 4 day webinar with me in
September?
[07:51 am] mikewd2 -: getting tired of CERN,
may dump
[07:51 am] joeytsa : i plan on attending
[07:52 am] mikewd2 -: anyone else holding
CERN?
[07:52 am] anthonyb : Cern looks like one of
those heart monitors on someone in ICU
[07:53 am] ltacher : TSLA lets go move up
[07:53 am] ltacher : I am in HLS Liking it
moving with the market
[07:56 am] sonorant : looks like the day
could be just like a balloon slowly
deflating
[07:56 am] ltacher : looking good so far I
got it @ 24.53
[07:56 am] ltacher : Kris what is your stop
in CERN thanks
[07:56 am] anthonyb : anyone long TSLA?
[07:57 am] anthonyb : i have 100 shares
only. @ 24.34
[07:59 am] truck : BHI ??
[08:00 am] ronfrac : Stopped out CEERN
65.98
[08:01 am] sonorant : Kris, TSU has been
going up pretty steadily, and is pulling back
now, would it be worth getting in to it do
you think?
[08:01 am] ronfrac : Stopped out CEERN
65.454
[08:02 am] mikewd2 -: glad i dumped CERN
[08:03 am] mikewd2 -: 0/2 today small lose on
CERN and YOKU
[08:04 am] mhaus : Kris, I had sent you an
email over the weekend. Did you receive
it?
[08:04 am] apple : TSU L 31.20 out 31.80,
31.69
[08:05 am] mikewd2 -: Obama: well layout
series of bipartisan ideas to boost
economy
[08:06 am] scalpman : Apple, TSU, got a
small piece. Thanks.
[08:06 am] ltacher : out on My CERN
[08:07 am] ltacher : anybody holding BEXP
[08:12 am] ltacher : I am still holding my
HLS and TSLA money management 101 this
morning
[08:15 am] mhaus : VRTX
[08:15 am] mhaus : MON
[08:18 am] topdogrex : I am, not moving at
all
[08:19 am] ltacher : Kris when you get a
chance I know is before 11 but are in TTM
[08:20 am] ltacher : are you long in TTM
[08:21 am] mhaus : Kris, I had sent you an
email over the weekend. Please reply if you
received it.
[08:22 am] uptick : Kris, target on JNY?
I’m long at 11.09
[08:23 am] Kris : I see it mhaus, I’ll get
back to you later today
[08:23 am] Kris : I need to take a break.
I’m seeing what looks like lightning in my
field of vision.
[08:24 am] Kris : my doctor said it was
mitch’s elevator music this morning.
[08:24 am] Kris : giving me a stroke
[08:25 am] ltacher : anybody watching
GMCR
[08:25 am] Kris : JNY looking for 10.30 to
take some off and move up my stop.
[08:26 am] uptick : I’ll take that as 11.30
on JNY
[08:27 am] ltacher : GMCR opened at 101 is
trading at 98 liking the uptrend liking it
for a swing trade
[08:29 am] mikewd2 -: what a boring slow day,
may be my first losing day in the trade
room.
[08:30 am] mikewd2 -: now, I’m only talking
about my day trades. Definitely lost a bundle
on other trades
[08:30 am] mikewd2 -: couple of months
[08:30 am] anthonyb : out of how many days
Mike?
[08:31 am] mikewd2 -: that’s where I’ve been
blowing it anthonyb –
[08:31 am] anthonyb : I’m having a good year
with swing trades
[08:32 am] mikewd2 -: I’ve tended to get into
swing trades and ride them down when long
[08:33 am] mikewd2 -: WFT
[08:33 am] mikewd2 -: I’ve just got to put in
stops, I’m terrible at that – but I’m trying
to be better
[08:33 am] anthonyb : my money risk
management has helped me a lot this year with
swings
[08:34 am] mikewd2 -: you guys and the TSA
team are clearly showing me that’s a weakness
of mine.
[08:34 am] anthonyb : I’ve decided that I
will not risk more than one percent of my
account with any one trade
[08:35 am] mikewd2 -: yeah, as we say the
other day when talking with Mitch. I had
several trades holding more than 10% of my
acct
[08:35 am] ltacher : messed that up..Euro
bankers?
[08:35 am] anthonyb : this changed
everything
[08:36 am] scalpman : TNA moving up
[08:36 am] mikewd2 -: Kris will be going
long
[08:36 am] mikewd2 -: i know, but i would
have been much much better off with the
stops
[08:36 am] mikewd2 -: actual still do, but
they are doing well.
[08:36 am] leo : But if you are hit with 3
or 4 stops, it really hurts.
[08:36 am] ltacher : TNA approaching that
46.07
[08:37 am] ltacher : I place a limit order
46.07
[08:37 am] ltacher : TNA executed
[08:37 am] anthonyb : as far as positions, I
keep total position under 10%. That way if I
am wrong on all ten position, with a 1% stop,
I am only down 10% if everything goes
wrong
[08:38 am] sonorant : just made a little on
MON mhaus — should have gone in more shares.
Thx. May just be on sim, but still feels
real.
[08:43 am] sonorant : anthonyb — you are
talking about a swing trade strategy, yes?
[08:43 am] reacher : I think sims got to
feel real to learn. imagine if airline
pilots didn’t take a flight simulator
seriously.
[08:43 am] mikewd2 -: yes
[08:43 am] anthonyb : yes with Mike
[08:44 am] mikewd2 -: they have looked like
real winners
[08:44 am] mikewd2 -: I’ve actually not
traded any of those ideas for swing trade –
need to
[08:44 am] mikewd2 -: and not the ones that
Mitch has suggested.
[08:46 am] pow : MOTR
[08:46 am] mikewd2 -: Kris, did you go long
TNA at 46.07?
[08:47 am] mikewd2 -: ok, he said he was
having some problems with vision, hope he is
ok
[08:54 am] ltacher : thank you mike not an
easy trade very Volat..
[08:54 am] ltacher : I got a nice 50c out of
it still holding some
[08:55 am] ltacher : I am still holding HLS
and TSLA and playing TNA with house money ..
i set my stop at 46.07
[08:57 am] mhaus : DSW
[09:06 am] doji : Did you get TNA
Itacher?
[09:09 am] ltacher : sorry doji ..yeah I got
TNA at 46.07 limit order bracket sold some at
46.55 and holding the rest
[09:10 am] garyb : Yeh I’m hold TNA
too…gonna swing that one
[09:11 am] ltacher : thank you was kris call
..to get in at 46.07 was a good trade
[09:11 am] doji : I hate when stocks move in
any direction very slow because you will
never know at which moment they would
suddenly reverse
[09:12 am] doji : I have to keep discipline
and not to chase stocks if I am not filled
up
[09:13 am] ltacher : out all my TNA
[09:13 am] ltacher : 47
[09:19 am] Kris : took some Tylenol
[09:19 am] Kris : drank some water and rested
my eyes
[09:20 am] shark : java as in JVA up 15%
today
[09:20 am] Kris : thanks guys
[09:21 am] ltacher : kris are you still in
HLS and TSLA
[09:23 am] mhaus : I signed up yesterday
🙂
[09:23 am] mhaus : FRO
[09:27 am] ltacher : doji how are you doing
today
[09:29 am] qwert : Kris what do you think
about MON for breakout long or short?
[09:34 am] mhaus : CEDC
[09:40 am] doji : I am OK Itacher, I got a
runner with RBVD but killed by Yoku… so far
I am in breakeven for the day
[09:45 am] doji : New hod SPY
[09:46 am] doji : Is MON consolidating?
[09:48 am] mikewd2 -: MON looks like its
falling to me doji????
[09:49 am] mikewd2 -: i thought consolidating
means that it stays within a few cents for a
longer period of time.
[09:49 am] ltacher : Mitch I am still
holding UPRO any thought s as a swing trade
..thanks
[09:50 am] mikewd2 -: oh
[09:50 am] mikewd2 -: maybe I’ll learn that
in the webinar.
[09:50 am] Kris : look at the daily on MON
[09:50 am] Kris : depends on your time frame
and price of stock mikewd2
[09:51 am] ltacher : Kris you like FROS long
here
[09:51 am] Kris : yes mike, I’ll definitely
be going over how these get top and bottom
loaded in detail during the webinar.
[09:51 am] Kris : those repeated attempts at
that high around 71.00
[09:52 am] mikewd2 -: me too joey, i
definitely need some more training.
[09:52 am] ltacher : FRO looks like a bull
Short
[09:52 am] Kris : try not to over analyze a
price move.
[09:52 am] Kris : FRO itacher?
[09:52 am] joeytsa : i just read your money
management posts mike
[09:52 am] joeytsa : i can’t wait until the
webinar
[09:52 am] doji : Now resistance at 70 in
MON, correct Kris?
[09:53 am] mikewd2 -: thinking about taking
some of my TNA off, up $7 on my average
[09:53 am] Kris : MON has support near the
open at 69.40
[09:53 am] Kris : I wouldn’t take it long on
a reversal cause there isn’t enough money in
it for me going into overhead resistance.
[09:54 am] mikewd2 -: TNA is roughly 30% of
my account
[09:54 am] joeytsa : profits are a good
thing
[09:54 am] Brent : the webinars are available
anytime to the people that sign up Lara. You
can watch them later and review them over and
over
[09:55 am] mhaus : Brent, would DVDs be made
available later to those who participate?
[09:55 am] lara : Will that include all the
Q & A Brent?
[09:55 am] joeytsa : just keep your stops in
order
[09:56 am] mikewd2 -: although I’m going to
take some profits also
[09:56 am] Brent : yes Lara, the whole thing.
Q&A included
[09:58 am] uptick : I thought it would
accelerate up after breaking 1200….not
enough volume I guess.
[09:59 am] mikewd2 -: turned out that way
Itacher, but really stupid to be in that
heavy
[09:59 am] ltacher : Kris FRO is that a
could candidate for a bull short
[10:00 am] stevemld : watching TZOO to break
below 37.50 support
[10:01 am] ltacher : Kris Mike thanks got
the idea ..
[10:04 am] sonorant : No, daily looks like a
slither into oblivion
[10:04 am] rusty : FRO = bear long
[10:05 am] stevemld : TZOO S 37.85 cover
37
[10:05 am] sonorant : Kris, I am at the
kinetic screen hoping to sign up. You said
you were paying $70 plus per month. I
haven’t a clue which boxes to check for which
exchanges… Can you give me any help?
[10:05 am] shark : Death March = pull back
coming by end of day?
[10:05 am] ltacher : FRO looks like A frog
..
[10:06 am] ltacher : ups guys sorry about
FRO
[10:06 am] joeytsa : ACOM running
[10:07 am] ltacher : the markets is going up
but the stocks ain’t moving why is that ?
[10:08 am] ltacher : only my Upro is going
up ..oh well i quess one is enough ..
[10:08 am] Kris : JNPR
[10:08 am] Kris : I have a lot of stocks that
are making new highs Itacher[10:08 am] Kris :
ETN
[10:09 am] Kris : PCP
[10:11 am] ltacher : mitch is upro looking
good or no ..
[10:11 am] joeytsa : pending home sales fell
for the 1st time in 3 months, -1.3% with -.8%
forecast
[10:12 am] stevemld : GMCR trying to turn
up
[10:12 am] sonorant : Kris, I have checked
NYSE level 1 ($5), Nasdaq level 1($5), AMEX
level 1 ($5), and that is not enough $$ to
match what you had.
[10:13 am] sonorant : maybe I should back
out of this and ask you later in the day
[10:13 am] sonorant : Could get Russell
indexes ($10), Nasdaq Openview ($13)
[10:13 am] Kris : definitely get open view
[10:14 am] Kris : I think that should cover
it
[10:14 am] Kris : get the level 1’s, the open
view, market depth, and basic service.
[10:14 am] joeytsa : SINA just make a nice
move
[10:15 am] sonorant : thanks, I’ll see if
that makes sense.
[10:15 am] ltacher : FOSL spread is .88.vs
0300 kris how do you manage that for FOSL
spread quantitative development
[10:15 am] Kris : I’ll have to check my
subscription
[10:16 am] Kris : it’s a little thin so if
you do take it I would go small just because
of where we are in the day.
[10:16 am] Kris : I don’t care about the
spread right now, I’m looking for higher than
usual volume on the break over resistance and
the spread should naturally tighten.
[10:17 am] Kris : those 100, 200 and 300
price points have strong psychological S/R
[10:17 am] Kris : in fact there are still
some strategies that just trade crosses and
bounces at those prices.
[10:18 am] joeytsa : stocks seem to like
those nice round #’s
[10:19 am] Kris : right and the bigger they
are the more they usually respect those
prices.
[10:20 am] Kris : who here thought aapl stock
was going to sell off after jobs announced he
was stepping down?
[10:20 am] james : was there an email sent
out with link for webinars — if so I missed
it — or do I just register at TSA website
[10:21 am] sonorant : Nasdaq open view is
$13 and requires Market Depth which is $20,
plus Nasdaq level 1 which is $5. So that is
$38, plus $10 for the NYSE and AMEX level 1s
— $48, plus the $50 base month fee. $98 —
this is getting pricey……
[10:21 am] mhaus : it was expected that he
will be stepping down due to his health
[10:21 am] Kris : I know they’re slipping on
their quality
[10:21 am] joeytsa : figured a quick panic
sell…but just a better price to buy
[10:21 am] joeytsa : $600 was the magnet on
GOOG for about 6 months oct-apr[10:21 am]
Brent : yes, email me james,
[email protected] and I’ll send
you the link
[10:22 am] Kris : panic?
[10:22 am] joeytsa : panic from the average
person, not the big money
[10:22 am] joeytsa : gaming human psychology
IS the game
[10:23 am] Kris : I guess it did have that
drop and bounce before the open
[10:23 am] joeytsa : panic…people hear
what they perceive as negative news they
panic and sell
[10:24 am] derns : Kris/Brent…are either
of you in JNPR? If so, do you have a target
in mind? Long .62
[10:26 am] derns : yes Kris…I’m on the
long side and will not add to my position
give that resistance level. Thx
[10:26 am] doji : SPY is at 2.46% today
[10:27 am] sonorant : Kris, am going to wait
to sign up on kinetic till Wednesday — and
do the webinar on it — if you get a chance
to look at exactly what you have between now
and then I would really appreciate it.
Thanks.
[10:27 am] joeytsa : amazing isn’t it
doji?
[10:27 am] derns : Kris…I entered JNPR at
21.62..it is finally starting to run up
[10:28 am] joeytsa : bernanke didn’t say
anything that changed domestic/global
economic conditions..and the markets still
took off
[10:28 am] derns : MON..did it hit a
bottom?
[10:28 am] derns : mhaus…I heard the stock
was around$12 with about $15+ in cash
alone.
[10:36 am] qwert : fosl running up
[10:39 am] derns : Thx Kris..I would have
liked to have been 10 ticks lower as well…I
just don’t make a quick decision early
enough. I will protect or get out.
[10:40 am] Kris : you should be fine up into
that 22 area.
[10:40 am] Kris : you can stay patient derns,
market holding up here
[10:46 am] Brent : I sent you the link James.
I sent you one too Leo
[10:47 am] joeytsa : supposed to help with
waves
[10:47 am] joeytsa : qlink sells a ‘chaos
eliminator’
[10:54 am] derns : Kris/Brent..if you don’t
mind me asking, what time in the morning do
you both start your day? I know Kris is here
in San Diego (as I am) and Brent..you in
Portland? What is your ritual before you log
on around 6:15 am, pacific?
[10:57 am] doji : What a drop in PANL
[10:58 am] derns : Scanning? Do you check
in on CNBC or other news?
[10:58 am] Brent : I’m at my computer between
5:00 and 5:30 Derns[10:59 am] derns : L MON
69.48
[10:59 am] Brent : Scanning, and check news
on stocks that are moving
[11:01 am] topdogrex : or about CEDC
Mitch
[11:01 am] topdogrex : Bullshort?
[11:03 am] doji : Aggg I missed MON, got
distracted
[11:04 am] topdogrex : Tx Mitch
[11:04 am] ltacher : WM making new high on
the day ..
[11:04 am] ltacher : anybody watching WM ?
thanks
[11:04 am] doji : That is not a bullshort
pattern topdogrex as far as I know
[11:05 am] mhaus : DK
[11:10 am] mikewd2 -: did DK get halted?
[11:12 am] doji : no
[11:16 am] ltacher : GMCR not moving today
.. anybody holding GMCR
[11:18 am] mikewd2 -: JVA was the play on
coffee today
[11:21 am] doji : PANL dropping
[11:23 am] ltacher : out of it uff good
timing ..
[11:23 am] doji : Did you keep GMCR
Itacher?
[11:24 am] ltacher : I got out brake even
with $ 2 comm oh well ..
[11:25 am] joeytsa : not too bad
itacher..much better than a big loss
[11:28 am] rusty : PNK light radar
[11:28 am] ltacher : I know was batter me
GMCR so got it off my back .. Thanks
joeytsa[11:30 am] joeytsa : GMCR had gapped
up over 3 points on the open, made for a nice
short..but i am surprised it really didn’t
have a bounce back
[11:30 am] doji : SPY new hod[11:31 am]
mikewd2 -: TNA at hod[11:31 am] joeytsa : a
few minutes back i see it actually fully
closed the gap
[11:34 am] joeytsa : CLR hod[11:36 am]
mikewd2 -: TNA at 48
[11:36 am] ltacher : DIG braking new highs
of the day
[11:37 am] doji : The only thing I don’t
like about today is the light volume
[11:38 am] mikewd2 -: that’s one reason I’ve
been selling off some TNA
[11:40 am] mikewd2 -: the swing suggestions
in the daily stock report, those are always
after the fact? I’ve not seen an announcement
until late that day. By that time some have
already moved.
[11:40 am] mikewd2 -: am i missing
something?
[11:41 am] ltacher : Kris do you have an
entry view in UPRO
[11:42 am] doji : Mike, Mitch recommend some
stocks for swing in the daily stock reports
but you have to figure out when to enter and
when to leave
[11:43 am] sonorant : Mike, I am not swing
trading now, but there certainly have been
times when I looked at the swing suggestions
and wished I had seen them earlier… but
not always.
[11:43 am] mikewd2 -: they have been nice
idea’s if we could have got the price
posted
[11:43 am] mikewd2 -: ok, thanks
[11:43 am] ltacher : Good Point that is the
most difficult part for me ..
[11:43 am] doji : Any idea for tomorrow? It
seems that the upside will continue in the
next days
[11:44 am] mikewd2 -: ok, i just wanted to
make sure i wasn’t missing something
[11:45 am] joeytsa : mikewd2 : here is a
video of our swing trades
http://sports.yahoo.com/olympics/blog/fourth_
place_medal/post/Video-Pole-vaulter-8217-s-po
le-snaps-during-ju?urn=oly-wp617
[11:47 am] joeytsa : LNKD quick move
[11:47 am] doji : PANL lod[11:50 am]
sonorant : I am not getting any updates in
my top screen from Kris or Brent — have they
said anything in the last 40 minutes?
[11:50 am] joeytsa : quiet above…probably
scanning
[11:50 am] joeytsa : missed that blast off
on LNKD..nice shot of volume on that too
[11:51 am] apple : love that TNA chart, keep
on going, baby!
[11:51 am] mikewd2 -: i should have stayed
away today, 0/3 with one more loser that i’m
watching. Luckily up big on TNA longs.
[11:52 am] mikewd2 -: that was nice joey
[11:52 am] joeytsa : Brent..just missed a
great play on LNKD..otherwise its crickets up
in here
[11:52 am] apple : the islands got hit very
bad by the hurricane
[11:53 am] rusty : AUQ radar
[11:53 am] ltacher : I am still holding my
VCI doing fantastic holding like is no
tomorrow
[11:53 am] joeytsa : my main trading is
early, trying to get better in the middle
part of the day
[11:53 am] joeytsa : have to get used to
20cent moves etc[11:54 am] ltacher : I have
to put some money in my checking account so i
can it can buy me something
[11:54 am] doji : Put some in mine
Itacher…. lol[11:55 am] rusty : PANL
lod[11:56 am] doji : PANL S at 49.87
[11:56 am] doji : Die PANL die
[11:58 am] doji : stop at breakeven in
PANL
[12:00 pm] doji : WFT
[12:02 pm] ltacher : id funny all the charts
I have being studying they all look like the
SLV chart big drop and then some cons ..
[12:03 pm] mhaus : MOS has been on a steady
climb
[12:04 pm] stevemld : yeah mhaus looking
for a short entry soon
[12:04 pm] rusty : PANL bouncing
[12:04 pm] joeytsa : doji..be careful with
PANL
[12:06 pm] joeytsa : at least you used a
stop
[12:06 pm] doji : I was stopped at
breakeven… thanks Joey
[12:07 pm] joeytsa : at least you learned
[12:07 pm] doji : I always entry my orders
with a stop… I learnt the hard way
[12:10 pm] sonorant : same is true in NInja
Trader
[12:10 pm] doji : On that way I can monitor
several stocks at the same time
[12:10 pm] doji : In TOS you can enter your
stop. Once your order is filled you can move
your stop just by dragging it up/down over
the chart…. easy
[12:10 pm] doji : and just play with the
stops
[12:11 pm] stevemld : 1st target MOS
72.80
[12:13 pm] stevemld : 2nd target MOS 72.50
but don’t think it will make it
[12:15 pm] mikewd2 -: TNA new hods[12:16 pm]
doji : BAC again
[12:17 pm] qwert : whoever posted mos thanks
🙂
[12:17 pm] mhaus : I am going to call it a
day. Good night all
[12:18 pm] mikewd2 -: i agree with you
Itacher, but I’m playing RIG, WFT and CJES in
the oils
[12:18 pm] ltacher : I am in DIG I think we
are going to higher oil prices short term
..
[12:19 pm] mikewd2 -: i assume just oil
[12:19 pm] ltacher : Liking WTM looking
good
[12:19 pm] doji : r it’s just moving with
the market
[12:19 pm] doji : Any idea what moved WFT
today Mike?
[12:20 pm] stevemld : FRO breaking on
down
[12:20 pm] mikewd2 -: most of the services
look up
[12:21 pm] mikewd2 -: going to shut it down
too before i do something stupid
[12:21 pm] ltacher : FRO jumps like frog
don’t want it thnks[12:22 pm] doji : By
Apple
[12:22 pm] doji : AKS
[12:23 pm] stevemld : covered all MOS
72.50
[12:26 pm] ltacher : even jblue is up today
..
[12:28 pm] ltacher : DIG loving it here ..
doing very well and is not as VOL as TNA ..
kris please can you let us know if you find
TNA a new entry please ..thanks
[12:29 pm] derns : MON is running again
[12:30 pm] Kris : I got him 2
[12:31 pm] stevemld : REGN making new
highs
[12:31 pm] shark : check out JVA – hod
breakout over 50day
[12:33 pm] doji : Wow JVA
[12:36 pm] stevemld : JVA doing great GMCR
struggling today
[12:36 pm] rusty : JVA gonna be good short
in next day or two
[12:36 pm] hawaii : going for a swim have
great day
[12:37 pm] Brent : see you tomorrow
hawaii[12:38 pm] ltacher : MT making new
high on the DAY
[12:40 pm] stevemld : GMCR moving late
[12:43 pm] rusty : WFM is setting up for a
short swingtrade next day or two I think
[12:43 pm] ltacher : GMCR I like it ..
[12:45 pm] Kris : nice
[12:46 pm] shark : SOUNDS really COOL! Love
to see a pic
[12:46 pm] rusty : u got it
[12:46 pm] rusty : Mitch, how much did that
set you back?
[12:46 pm] mriguy -: It’s probably much
better for the lumbar spine.
[12:46 pm] ltacher : sounds fantastic an
excellent idea ..
[12:46 pm] Kris : the donut
[12:46 pm] Kris : I tried a donut but my
fiancé still gives me a pain in my ass
[12:46 pm] derns : Mitch…given the
strength of today’s market, are you still
positive on the swing trades on TNA, TQQQ,
UPRO or would you reduce?
[12:47 pm] leo : Has TSA new idea for swing
trades? If I open positions in current swing
and intm ideas tomorrow, is it too late?
[12:48 pm] garyb : Thank you Mitch! I was
just wondering that myself….I will stay in
my TNA then
[12:48 pm] garyb : I’ll stay in TNA and have
a nice afternoon golfing!
[12:48 pm] derns : Thx…I put part of my
401k into those.
[12:49 pm] Mitch K: any pilots online now? I
got a cool video
[12:50 pm] Mitch K: any pastors or
missionaries?
[12:51 pm] Mitch K: if you do buy tomorrow
Leo, I’d keep it small
[12:51 pm] leo : Has TSA new idea for swing
trades? If I open positions in current swing
and intm ideas tomorrow, is it too late?
[12:52 pm] leo : Thnx Mitch. Any idea on AU
short I’m holding.
[12:53 pm] Mitch K: yeah, AU looks like
another down today tomorrow but not big
potential overall, just a quick 50-60
cents
[12:53 pm] Kris : yeah, low volume rallies
[12:53 pm] Kris : less than half
[12:54 pm] rusty :
http://www.disobey.com/detergent/1998/sheep.m
ov
[12:54 pm] Mitch K: hey shark, stay online
for a few minutes, check this video out
[12:57 pm] stevemld : GMCR nice 20 min
move
[12:57 pm] Mitch K:
http://www.youtube.com/watch?v=QBEVFz__zuY
[12:58 pm] rusty : mitch how you keep that
custom desk upright while you fly?
[12:58 pm] ltacher : steve i got some shares
.. noe litle[12:59 pm] shark : JVA – flying
into close
[12:59 pm] Mitch K: good one rusty
[01:00 pm] Mitch K: i got another shorter
video to show you some really tough landing
spots
[01:02 pm] Mitch K: this next one is in
Idaho, the other places are Papua New Guinea
and probably Borneo
[01:02 pm] Mitch K:
p;amp;NR=1
[01:02 pm] Mitch K:
p;amp;feature=related
[01:02 pm] leo : Thank you Mitch, Kris,
Brent and comrades, have a nice one.
[01:03 pm] Mitch K: remember on the 2nd video
this is a 7700 grow weight turbine on this
strip
[01:04 pm] Mitch K: yeah
[01:04 pm] Mitch K: these are all one way
airports, no 2nd chances, got to be on
point
[01:04 pm] Mitch K: no go arounds[01:06 pm]
Mitch K: i had a plane custom built almost
like this one but wasn’t as good as the
Kodiak. yes garyb,
[01:06 pm] Mitch K: but these guys have
really worked out the kinks in this plane.
[01:07 pm] garyb : Amazing. I started
getting into it but the costs are outrageous
(to rent etc.) Maybe if I get the stock
trading down I can start learning again!
[01:08 pm] shark : I’ve donated my airplane
and pilot skills to rescue greyhounds
[01:08 pm] Mitch K: shark, if you ever wanted
to really do something that has huge impact
on people, you could fly into these jungle
strips and bring food, tools, medical
supplies, even medical teams to these
villages
[01:10 pm] Mitch K: and any of the medical
teams, all the pilots, everyone all donating
time, fuel, etc.
[01:10 pm] Mitch K: all the earthquakes,
tsunamis, disaster areas, its these small
general aviation planes and pilots who bring
in the first wave of food,w ater, medical
teams
[01:11 pm] Mitch K: if you really think about
how lucky we are doing this job compared to
surviving in the tough spots in the world.
[01:11 pm] cowboyh : They storys in AOPA
about that. the oil spill Ga played a big
part. Very cool
[01:12 pm] Mitch K: right cowboy
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