(05:35 am) Mitch King:US Nonfarm payrolls up
169,000
(05:41 am) Mitch King:market goes up on worse
than expected jobs numbers. THe market is
addicted to stimulus, bond buying, QE
(05:53 am) Mitch King:109.52
(05:53 am) Mitch King:new high today in CL
10
(06:12 am) Mitch :September 6, 2013 Pre
Market Up: AAPL, NUGT, GDX, RMTI, FB, GOLD,
PAY, SPY, PCLN, EWZ, YELP, AMZN, FAS, FNSR,
SCTY, SI, TKR, ETFC, BLOX, Pre Market Down:
BPL, TSLA, MFRM,
(06:23 am) Ed :US) Fed’s Evans: Ultimate size
of QE is more important than the timing of
tapering – comments to reporters – Remain
concerned about low levels of inflation –
economic fundamentals are looking good, could
be pursuaded that the economy has improved
enough to begin scaling back bond purchases
(06:28 am) Ed :RMTI another to keep on radar
(06:28 am) Mitch King:watching MFRM
(06:28 am) Mitch King:key an eye on TPX
(06:29 am) Ed :had 2 point range yesterday
which is alot for stock under $10
(06:30 am) JoeyTSA :eye on YELP
(06:30 am) Mitch :watching JDSU
(06:30 am) Mitch King:watching MCO
(06:31 am) Mitch King:watching DRI for top,
take time
(06:31 am) Mitch King:watching OAS again
today for trades
(06:31 am) Mitch King:watching YELP for top
to short
(06:31 am) Mitch :monitoring AMBA
(06:31 am) Mitch King:watching JDSU for top
to short
(06:32 am) JoeyTSA :eye on GMCR near $85
level
(06:32 am) Mitch :BLOX
(06:32 am) Mitch :watching BLOX4
(06:32 am) Mitch King:monitoring WAG
(06:33 am) JoeyTSA :/CL sitting on R2
(06:33 am) Mitch King:AMT strong, watching
for trades
(06:33 am) Mitch King:monitoring BKD
(06:33 am) Mitch King:AAPL moving, should be
bullish
(06:34 am) JoeyTSA :PAY might bea slow
trender, a little boring for me, but keep on
radar
(06:34 am) Mitch King:monitoring AGN
(06:34 am) Mitch :watch LNKD
(06:35 am) Mitch King:watching DATA for
bottom
(06:35 am) Mitch :monitoring TSLA
(06:35 am) Mitch King:watching SYK for short
if rebounds
(06:35 am) JoeyTSA :watching CTSH
(06:36 am) JoeyTSA :watching QCOR
(06:36 am) Mitch King:monitoring RHP
(06:36 am) Mitch King:watching SCTY for
bottom to buy, take time
(06:36 am) Mitch King:remember DATA was
excellent trading stock yesterday 3-4 trades,
probably same today
(06:37 am) Mitch King:watching YY drop
(06:39 am) Mitch King:that means sell
gradually
(06:39 am) Mitch King:more upside on TPX if
long, be ready to peel off
(06:39 am) Mitch King:EBAY strong, trending
up
(06:40 am) Mitch :sorry wrong window on yelp
(06:40 am) Mitch :yelp
(06:40 am) Mitch :watching TSLA closer for
bottom
(06:41 am) Mitch King:watching CONN closer
(06:41 am) Mitch King:consider selling TPX if
long
(06:41 am) Qwert :watching SWHC
(06:42 am) Mitch King:watching HIMX closer
for bottom
(06:44 am) Mitch King:UVXY moving up sharply,
watch for top to short, its going to be
bullish though for awhile
(06:44 am) Ed :SPY new lod
(06:44 am) Mitch King:watching GEO for
microbounce, skydiver type of trade
(06:45 am) Mitch King:watching TRV for
bottom
(06:45 am) Ed :if west attacks
(06:45 am) Mitch King:watching OAS for bottom
to buy
(06:45 am) Ed :comments came from Putin that
they will support Sryia with aid
(06:46 am) Ed :SY) Russia President Putin:
Russia will help Syria if strikes are
launched by the west; Russia is already
providing Syria with arms –
(06:46 am) JoeyTSA :closer eye on GMCR
(06:47 am) Mitch King:watching KMX for
bottom
(06:47 am) Mitch King:liking how TRV is
setting up for long soon
(06:48 am) Mitch King:CL 10 at 109.79 and
climbing
(06:48 am) Mitch King:watching TEX
(06:48 am) Mitch King:watching IPGP for
bottom
(06:49 am) Ed :Obama will take podium next
after comments from Putin
(06:51 am) JoeyTSA :/ES just bounced up into
S2
(06:53 am) Mitch King:watching COST drop
(06:54 am) Ed :Obam speaking
(06:55 am) JoeyTSA :eye on BIIB
(06:55 am) Mitch King:looking for bounce in
CL 10 soon off next bottom
(06:55 am) JoeyTSA :/CL pullback to R2
(06:57 am) Mitch King:CCI toppy
(07:03 am) Ed :getting some acceleration to
downside
(07:03 am) Ed :Obam doing Q & A
(07:03 am) Ed :SPY new lod
(07:03 am) Mitch King:still watching CONN
(07:06 am) Ed :SY) US President Obama: Would
prefer to work on the Syria issue with the
security council but does not see that as
likely at this time – Will speak to the US
public regarding Syria on Tuesday
(07:06 am) Mitch King:Obama talking talking
part Mongolian and part Kenyan, not clear
what he is saying
(07:08 am) JoeyTSA :/ES bouncing up into
200ma
(07:12 am) Mitch King:excellent trading in
CL, cycling really well
(07:13 am) Mitch King:This is when Lightning
really shines
(07:16 am) Qwert :monitoring SNDK
(07:18 am) JoeyTSA :/TF gave great move also
(07:19 am) Mitch King:CONN trying to move up
here
(07:20 am) Mitch King:watching ETFC for top
to short
(07:21 am) Mitch King:new high today on CL 10
109.85
(07:28 am) JoeyTSA :tighten GMCR if long
(07:30 am) Mitch King:new high in CL again
(07:33 am) Mitch King:new high again CL 10
110.32
(07:41 am) JoeyTSA :/ES pushed back over
1650
(07:43 am) Ed :Obama is finished Q & A
(08:36 am) Ed :SPY back near highs
(09:03 am) JoeyTSA :eye on RH
(09:13 am) Qwert :CELG moving
(09:15 am) Ed :CELG FDA approves Abraxane for
late stage pancreatic cancer The U.S. Food
and Drug Administration today expanded the
approved uses of Abraxane –
(09:28 am) JoeyTSA :tighten RH if long
(10:06 am) Qwert :monitoring SPWR
(10:31 am) Ed :(US) Fed’s George (hawkish,
FOMC dissenter): In favor of tapering QE
asset purchases at the Sept FOMC meeting;
would like to see QE end in first half of
2014 – FOMC needs to provide more guidance on
future interest rates.
(10:50 am) Ed :SPY new hod
(11:08 am) Ed :SPY testing premarkt high
(11:24 am) JoeyTSA :ARIA still climbing
(11:27 am) Ed :/CL new highs going into pit
close
(11:58 am) Ed :Mark Cuban says he purchased
million shares
(11:58 am) Ed :JCP getting bid
(12:08 pm) Ed :hearing of an attack with Gas
chemical near Damscuss
(12:09 pm) Ed :(SY) Syria forces said to have
attacked parts of Damascus with gas –
AL-Arabiya- Source
(12:42 pm) Ed :AAPL Said to release its
cheaper iPhone model to China Mobile as part
of upcoming product announcements – financial
pres
(12:55 pm) Ed :have a great weekend traders
| (04:59 am) chinhngo :good morning qwert we
are early birds
(05:09 am) Qwert :good morning chin, taco
(05:11 am) taco :hi Qwert and chin
(05:17 am) chinhngo :gm taco
(05:18 am) chinhngo :look like job report
will be good number last night es go down to
1948
(05:27 am) taco :gm Mitch, for some reason
ninja has expired again
(05:30 am) taco :wow i got the /GC move!!!
(05:30 am) taco :holy smokes
(05:31 am) taco :that was luck
(05:38 am) JoeyTSA :nice trade taco
(05:38 am) JoeyTSA :good morning
Mitch,Qwert,everyone
(05:38 am) taco :not realistic tho, but
thanks
(05:40 am) JoeyTSA :i see US diplomats
ordered to leave Lebanon
(05:42 am) doji :Good day
(05:42 am) doji :We all know where addiction
leads to….
(05:43 am) Qwert :reality tv stardom doji?
(05:43 am) Mitch King:joey where did you get
that news on US diplomats ordered to leave?
(05:46 am) taco :i hear d it on CNBC Mitch,
all non emergency people
(05:47 am) JoeyTSA :it was on my aol
homepage
(05:48 am) JoeyTSA :they put breaking news in
a red stripe near the top
(05:50 am) JoeyTSA :not looking at too many
gaps today, maybe BPL,FNSR and APPL
(05:51 am) taco :thx joey
(05:54 am) doji :I will assume since the
jobs numbers were “bad”, the market assumed
that QE will not be tappered
(05:54 am) JoeyTSA :job rate went down a tick
though
(05:54 am) JoeyTSA :and # came in less than
expected but much higher than last month
(05:59 am) Qwert :MFRM a big gap down but
will watch volume
(06:03 am) chinhngo :qwert please post when
you are ready to trade thank
(06:12 am) JoeyTSA :thanks Mitch
(06:13 am) taco :thanks Mitch
(06:17 am) herman :gm all
(06:19 am) skydiver :gm all — good job taco
and ships from Russia America China UK in
middle east . . . getting interesting
(06:20 am) taco :thx sky, not how i plan to
make a living tho. want consistancy
(06:20 am) skydiver :I’m with you taco —
consistancy is good especiallyl when it is in
the green 🙂
(06:20 am) taco 🙂
(06:22 am) JoeyTSA :but that big score is
needed from time to time
(06:23 am) taco :could have gone the other
way is my thought, then how would i feel..
(06:23 am) taco :but happy for it
(06:23 am) JoeyTSA :i love my 3-1 shots at
the track, but really nice when you hit an
$800 trifecta 🙂
(06:23 am) taco :im looking for long term
consistency. haven’t proven that to myself
yet
(06:23 am) doji :Nice Taco, it could have
been the other way around
(06:23 am) skydiver :nice joey
(06:23 am) JoeyTSA :its helps balance out the
many smaller losers
(06:24 am) taco :right doji, my thoughts
exactly
(06:24 am) taco :i’m still novice needing
lots of work:)
(06:24 am) skydiver :lilke yesterday . . .
made out okay, but made some really bad
entries — hind site helps — more lessons
🙂
(06:24 am) JoeyTSA :thx Ed, if rates rise too
much, the market will be affected
(06:24 am) doji :lol Taco, I am still
inconsistent… have ups/downs… the issue
is getting time…that’s something I don’t
have
(06:24 am) doji :so staying here to learn
while preserving capital or small losses
(06:25 am) JoeyTSA :smart doji
(06:25 am) skydiver :good wisdom doji
(06:25 am) JoeyTSA :learning to not let
losers run against me was the biggest change
in my trading
(06:25 am) Ed :yea that 10year hit near 3%
(06:25 am) rd :GM to all. back from Dallas
and ready to watch and study.
(06:25 am) JoeyTSA :yeah 3% big number i
think
(06:26 am) skydiver :gm rd
(06:26 am) JoeyTSA :same with $110 on crude
(06:26 am) Ed :was basically straight up, yea
right from where it was
(06:26 am) vision :good morning all
(06:27 am) Mitch King:hi vision
(06:27 am) chinhngo :gm vision
(06:27 am) skydiver :gm vision
(06:27 am) taco :hi rd , vision
(06:27 am) chinhngo :are you new one vision
?
(06:28 am) chinhngo :tpx long ?
(06:28 am) vision :gm mr Mich,skydiver,
taco,acingo and all
(06:29 am) JoeyTSA :nice to have some
familiar names back with us here
(06:29 am) doji :MRFM watch the 33.83 level
200dMA
(06:29 am) JoeyTSA :thx Ed
(06:29 am) vision :I am returning after a
long break
(06:29 am) chinhngo :tpx is same sector with
mfmr so short tpx ?
(06:30 am) elisha :gm all
(06:30 am) skydiver :gm elisha
(06:32 am) chinhngo :thank me mithch more
easy to monitor to short
(06:32 am) skydiver :shorted YELP 62.61
(06:32 am) doji :APPL
(06:33 am) JoeyTSA :AAPL gave a decent
pullback, moved up too quick for me though
(06:33 am) doji :MFRM long 35
(06:34 am) skydiver :covered 3/4 YELP short
61.63
(06:34 am) skydiver :stopped out of last
piece of YELP
(06:34 am) taco :nice sky
(06:34 am) doji :NFLX
(06:34 am) skydiver ::)
(06:35 am) doji :FB
(06:35 am) JoeyTSA :good trade sky
(06:35 am) skydiver :thnx joey
(06:36 am) skydiver :thnx for YELP joey 🙂
(06:37 am) doji :MFRM looking good
(06:37 am) skydiver :monitoring TSLA’s drop
(06:37 am) doji :AMZN
(06:38 am) doji :out 1/2 MFRM
(06:38 am) Ed :the internals were extremely
bullish while most tech stocks were being
sold
(06:38 am) Ed :seems like catching up now,
internals are shifting
(06:39 am) skydiver :thnx Ed
(06:39 am) Ed :dont see that often
(06:39 am) taco :watch TSLA
(06:40 am) elisha :interesting Ed
(06:41 am) taco :watch NFLX
(06:44 am) JoeyTSA :all big names except BIDU
trading near lows
(06:44 am) JoeyTSA :big moves on futures
indices
(06:45 am) doji :Big selloff
(06:47 am) doji :That is not good news
Ed…
(06:47 am) skydiver :and China has a ship
coming in as well
(06:47 am) JoeyTSA :oil not overly volatile
though
(06:47 am) JoeyTSA :no sky, thats just
Mitch’s yacht to watch the action and get us
trade ideas 🙂
(06:47 am) skydiver :lol!! good one joey
🙂
(06:48 am) JoeyTSA ::)
(06:48 am) doji :lol
(06:49 am) JoeyTSA :/ES went from R2 to
almost S3
(06:49 am) JoeyTSA :about a 20pt move i
think
(06:50 am) doji :Having delay on the TOS
platform… happens where there is a lot of
action… dang
(06:51 am) skydiver :TSLA hovering around
the 166 area
(06:51 am) JoeyTSA :looks like /GC trading
opposite of indices
(06:52 am) skydiver :Elon Musk promises
cross country Model S road trip — for what
that news is worth
(06:53 am) doji :EXPE continues strotodayng
(06:54 am) JoeyTSA :PAY holding up ok, has
$23 res so far
(06:54 am) JoeyTSA :babbler-in-chief is ummm,
babbling 🙂
(06:55 am) JoeyTSA :/CL about 40c drop from
recent high
(06:56 am) JoeyTSA :BIIB doesnt always have
the greatest vol, so use caution if you play
(06:56 am) elisha :gm sky – just saw your
post ”)
(06:56 am) skydiver ::)
(06:56 am) JoeyTSA :same with VRTX
(06:57 am) JoeyTSA :GMCR still trying, pretty
sure they got upgraded yesterday also
(06:58 am) JoeyTSA :AAPL lod
(06:59 am) doji :Got stopped in APPL didn’t
hol yesterday’s low
(06:59 am) doji :Trying to cath a falling
knife
(07:02 am) JoeyTSA :/GC nice bounce, a bit
of choppiness on indicies
(07:02 am) JoeyTSA :but still in main trend
(07:05 am) JoeyTSA :AAPL trying to hold $490
(07:06 am) doji :Long APPL 490.81… let’s
see if it holds
(07:07 am) doji :Stop below $490…
(07:11 am) Qwert :Thx for HIMX Mitch
(07:11 am) chinhngo :bought conn at 56.98
(07:12 am) doji :NFLX long 291.15
(07:12 am) chinhngo :bought atviat 16.90
(07:12 am) doji :SPY alreday moving up
(07:12 am) doji :Missed FB for 1c… dang
connection
(07:15 am) doji :Moved stop in NFLX right at
b/e, let’s see if it can regaing 295…
(07:17 am) doji :Run EXPE run
(07:22 am) chinhngo :short etfc at 16.35
(07:31 am) chinhngo :sold conn at 57.55 make
550.00 thabnk qwert to call out
(07:31 am) JoeyTSA :some really nice trades
today
(07:31 am) skydiver :ANF – rumors
(07:32 am) skydiver :ANF strength attributed
to private equity speculation
(07:34 am) JoeyTSA :BIDU hod
(07:34 am) doji :Nice double bottom in SLB
(07:36 am) doji :GOOD, TSLA, SLB, same
pattern… learning
(07:36 am) doji :GOOG
(07:37 am) doji :anf FB
(07:37 am) Ed :they sure were doji
(07:37 am) JoeyTSA :yeah, like throwing darts
today
(07:37 am) Ed :good observation
(07:39 am) doji :SLB skyrocketing
(07:39 am) JoeyTSA :QIHU nice bounce also
(07:39 am) JoeyTSA :nice doji
(07:39 am) doji :Got APPL, SLB, NFLX, TSLA
and GOOG… missed FB
(07:40 am) JoeyTSA :good job, FB was smallest
move anyways
(07:40 am) JoeyTSA :$ wise i mean
(07:41 am) Qwert :nice going doji
(07:41 am) skydiver :great doji
(07:41 am) doji :Thanks
(07:42 am) JoeyTSA :break time, see you all
in a little while, great trading
(07:42 am) skydiver :enjoy joey
(07:43 am) doji :The point with FB is that
it was very obvious that market want to push
it above 43
(07:43 am) doji :And here she goes… north
of $45 next week
(07:46 am) taco :nice trading doji
(07:46 am) doji :No Taco, I was not filled
for 1c… dang
(07:58 am) doji :Don’t want to see FB
(07:58 am) doji :Above $45… the sky is the
limit
(07:58 am) doji :I;ll wait till then
(08:00 am) doji :Watching FB at 44
(08:03 am) doji :Ed, any idea on FB at $44?
(08:04 am) doji :Big O/I on the weekly calls
at $44.. forget my post Ed
(08:04 am) Ed :based on candles looks to be
getting tired in here. needs a rest, either
consolidaiton near highs or nice pullback
(08:09 am) chinhngo :shoet esu at 1658.75
(08:13 am) chinhngo :bought uvxy at40.33
(08:14 am) chinhngo :any idea about conn at
55.35
(08:20 am) taco :it’s still below most sma’s
chin. Ed taught that yesterday or day b4
(08:25 am) chinhngo :conn but rsi at very
low may be a buy ?
(08:27 am) doji :Chingo, SPY had a nice
rebound and is consolidating at the hod…you
would need to have a big push on the downside
to make your trade on UVXY work on your
direction
(08:28 am) mueller3 :Thanks
(08:30 am) chinhngo :thank me ed
(08:30 am) chinhngo :me = mr
(08:32 am) chinhngo :bought conn at 54.7
(08:37 am) doji :SPY above 166.7 can hit 167
Chingo
(08:39 am) chinhngo :so short at high or
wait if break it will go long ?
(08:40 am) doji :You have to check if it
breaks 166.7 with volume…
(08:41 am) JoeyTSA :AMZN trying for $300
(08:41 am) doji :if that is the case the
next resistance is 167… and apply the same
thinking
(08:41 am) JoeyTSA :may not get there but at
least might try
(08:42 am) doji :I was thinking NFLX could
cahllenge $300 today but it seems it lost
thrust…
(08:43 am) chinhngo :with all condition
right now i will short at high what do you
think?
(08:43 am) doji :I thought that AMZN would
have the power to challenge $300….
(08:43 am) doji :lol
(08:44 am) skydiver :had to step away for a
short meeting that turned out longer than I
expected . .
(08:44 am) doji :That is your decision
Chingo… I’ll wait till around 3:00PM… it
could be some profit taking and you could
have your chance
(08:45 am) chinhngo :so what to trade from
now until 3.00pm ?
(08:46 am) chinhngo :at least 1 trade make
100.00 for coffee time ?
(08:46 am) doji :EXPE daily cycling
nicely…
(08:47 am) doji :The =/- first and last hour
are the most active time in the market
(08:47 am) chinhngo :sold uvxy make 120.00
yiou make scare mr doji but learn a lot from
you yhank you
(08:48 am) doji :and today is Friday and
traders will close their positions
(08:49 am) JoeyTSA :yeah doji scares me too
🙂
(08:50 am) doji :Hahahahaha
(08:50 am) chinhngo :let more risky for more
exciting
(08:51 am) doji :Remember: Doji is on
“capital preservation” mode until he get
consistent in his trading
(08:51 am) JoeyTSA :Mitch: not sure if you
saw this video of that irish lady tearing
into 0bama..
(08:51 am) JoeyTSA
:http://americanoverlook.com/m/article.php?id
=1218
(08:51 am) doji :Today was a good day even
with my crappy connectivity
(08:51 am) JoeyTSA :its about 6 minutes,
watch it over the weekend
(08:51 am) JoeyTSA :great job doji
(08:51 am) chinhngo :today my porfolio
really good 95% are right sold at first
hours
(08:52 am) JoeyTSA :just dont give back too
much of your profits
(08:53 am) chinhngo :nught and uvxy i bought
yesterday when they are really low
(08:54 am) chinhngo :tsla all day red can i
gamble with short tsla ?
(08:54 am) skydiver :humm . . not sure chin
on TSLA short . .. I took it long earlier and
sold with profit . .
(08:55 am) JoeyTSA :if you gamble, do so with
only a portion of your profits
(08:55 am) skydiver :good point joey
(08:55 am) JoeyTSA :and thats not a go ahead
to gamble, just saying
(08:56 am) skydiver :listening to the Irish
lady joey . . . wow
(08:57 am) JoeyTSA :haha, she tears him a new
one
(08:57 am) JoeyTSA :if that happened here,
media cameras would have been turned off
(08:57 am) skydiver :I guess
(08:58 am) JoeyTSA :chin : to put that
gambling thought into money terms…
(08:58 am) JoeyTSA :if you are up $2000
today, for example, its ok to maybe risk
$500 to make another $2000, but if you lose
that $500, call it a day and enjoy your
$1500..just an example of what you CAN do,
but dont have to
(09:02 am) chinhngo :today my real profit
5500.00 and paper profit 3500.00
(09:02 am) JoeyTSA :$$$
(09:03 am) chinhngo :so i will gamble with
conn beause god next year
(09:03 am) JoeyTSA :CONN doesnt do anything
for me here
(09:03 am) doji :Nice Chingo
(09:03 am) JoeyTSA :but that doesnt mean it
cant more or wont turn into something more
appealing
(09:03 am) chinhngo :rh is short at high ?
(09:04 am) JoeyTSA :not sure, just
watching…
(09:04 am) doji :Gamble with something that
have high odds Chingo…
(09:04 am) JoeyTSA :unfortunately, i dont
know where the “high” is until after the
fact
(09:06 am) chinhngo :rh no share to short
(09:08 am) skydiver :Lightspeed has shares
of RH
(09:08 am) skydiver :to short
(09:08 am) JoeyTSA :correct
(09:08 am) JoeyTSA :it just happened to hit
my scanner, only reason i saw it
(09:09 am) JoeyTSA :its NYC lunch hour, so
just use caution trading this time
(09:11 am) doji :Chingo, if you to want to
“gamble” you may want to swing FB, EXPE and
APPL. during the weekend
(09:11 am) JoeyTSA :qwert: Manning went
ballistic last night
(09:11 am) doji :FB because it could reach
its all time high next week
(09:12 am) Qwert :oh my gosh Denver looked
real good
(09:12 am) chinhngo :long to all ?
(09:12 am) doji :EXPE because has been in a
strong rebound after the selloff… above $52
could jump to $55 or 60
(09:12 am) doji :APPL has the 9/10 event
with the possibility of announcing the deal
with China Mobile
(09:12 am) doji :Yes, all long
(09:13 am) doji :But go small because it’s
weekend and the have this Syria issue on the
table
(09:13 am) doji :AMZN could also break $300
next week
(09:13 am) doji :and NFLX
(09:14 am) chinhngo :thank you very much
doji
(09:14 am) chinhngo :and joey
(09:14 am) JoeyTSA :i commend anyone who has
the stomach to hold anything over the
weekend
(09:14 am) JoeyTSA :i just dont have that in
me anymore
(09:15 am) skydiver :especially with the
Syria thing heating up
(09:15 am) JoeyTSA :and Belmont opening day
tomorrow haha
(09:15 am) skydiver :and especially Belmount
🙂
(09:15 am) skydiver :thnx Ed
(09:15 am) Qwert :Thanks Ed
(09:16 am) JoeyTSA :sky: our stable has a
horse running in tomorrows 1st @
Belmont..Smooth Bert, should be tough
(09:17 am) skydiver :Smooth Bert . . . I’ll
try to watch it on the internet if lilve
streaming available
(09:17 am) JoeyTSA :i cant find live
streaming of NYRA tracks…
(09:17 am) Qwert :that has to be excitng for
you joey
(09:18 am) skydiver :ok . . well, keep us
all informed when you can then on how it went
🙂
(09:18 am) JoeyTSA :but they put up replays
right after both at the NYRA site and on the
Horse Races Now free iphone app
(09:18 am) skydiver :ok
(09:18 am) JoeyTSA :im not involved with this
one, but i still follow anything the stable
puts out
(09:18 am) skydiver :gotcha . . love
watching those beautiful horses running
(09:20 am) doji :I only swing when I am
convinced that I have an edge
(09:20 am) JoeyTSA :makes sense doji
(09:20 am) doji :In APPL for instance, I’ll
swing it over the weekend waiting on the 9/10
event and possibly the CM deal signed
(09:20 am) skydiver :downloaded the Horse
Races Now app for my iphone — thnx joey
(09:20 am) JoeyTSA :should only trade when an
edge is had
(09:20 am) JoeyTSA :cool sky, i love it
(09:21 am) doji :My entry in APPL was 490.8
today and will put my stop at $490…
(09:21 am) JoeyTSA :they do have live racing,
just the NY tracks arent shown live
(09:21 am) skydiver :k
(09:21 am) JoeyTSA :doji: thats a good r/r i
think
(09:21 am) rd :have to bolt. Great weekend
to all.
(09:21 am) JoeyTSA :have a good weekend rd
(09:22 am) skydiver :take care rd – enjoy
the week-end
(09:22 am) doji :Thanks Joey
(09:22 am) Qwert :bye Rd
(09:22 am) JoeyTSA :doji: you can also raise
it into profit zone for a no-lose play
(09:22 am) doji :I know that APPL will
revolve around $500 until 9/10… if the deal
is not done then I would be stopped at $490
and would have lost 80c
(09:23 am) JoeyTSA :right, personally i would
still put it up so i couldnt lose at all
(09:23 am) JoeyTSA :only because its at a
nice profit now
(09:24 am) Qwert :I would do the same joey,
thats the day trader in us talking
(09:24 am) JoeyTSA :even swing, i would do
the same..
(09:25 am) JoeyTSA :only because its up about
$7 from entry
(09:25 am) JoeyTSA :if it was up only $1, i
would risk the full stop loss
(09:25 am) doji :It’s a swing for me Joey…
and will follow my hot Brazilian secretary
estrategy: “Doji, it’s all or nothing1”
(09:25 am) JoeyTSA :haha
(09:25 am) Qwert :lol
(09:26 am) JoeyTSA :then no complaining next
week 🙂
(09:26 am) JoeyTSA :like your women do haha
(09:28 am) chinhngo :aria is double top at
21.55 if break it with volume will long is
this right ?
(09:28 am) JoeyTSA :i didnt take RH, but that
pullback was valid entry
(09:29 am) doji :Humm at this time of the
day I’d be very skeptical Chin
(09:29 am) JoeyTSA :tri-top chin, could turn
into something..good catch
(09:29 am) JoeyTSA :but agree with doji
(09:30 am) JoeyTSA :dont force trades, let
them come to you
(09:30 am) JoeyTSA :and while the chart looks
good, that last move up was only 25cents
(09:31 am) doji :It needs more volume here
(09:32 am) chinhngo :celg touch sma 20 so is
a good buy here ?
(09:32 am) JoeyTSA :i like the 15min chart
though, had a nice gap up on 9/4
(09:33 am) doji :TSLA
(09:33 am) JoeyTSA :if CELG holds there, its
possible for a long
(09:34 am) chinhngo :now celg fell to hold
so possible to short ?
(09:34 am) JoeyTSA :well, depends on your
style
(09:35 am) chinhngo :i mean theory ?
(09:35 am) JoeyTSA :if its too far away you
have 2 choices, let it go or chase it….
(09:35 am) JoeyTSA :if you want to play it
safer, see if it can bounce back up into that
20ma and not go back over..
(09:35 am) doji :Chingo, you cannot swap
from long to short unless the stock is
overextended, otherwise you don;t have an
edge
(09:36 am) JoeyTSA :trading is more of an art
than it is a science
(09:36 am) chinhngo :this market in biotech
fda approved and price go down i have 2 with
that dndn and arna
(09:37 am) JoeyTSA :sometimes stocks run
either way, other times they break and then
give a pullback test to the break
area..unfortunately we never know
(09:40 am) chinhngo :buy cover es at
1657.00
(09:41 am) chinhngo :buy conn at 53.40
(09:42 am) doji :I see CONN still in
downtrend and below its 100dMA
(09:43 am) Ed :CONN still weak
(09:43 am) doji :I agree, it has moved from
$5 to almost $70 in a year and there must be
some profit taking for a while
(09:44 am) chinhngo :thank mr ed just try to
make 200.00
(09:44 am) doji :$50 could be an initail
support
(09:44 am) doji :or between $45 to $50
(09:45 am) JoeyTSA :that was an ugly gap down
on CONN yesterday
(09:46 am) chinhngo :but they said next year
is good revenue
(09:47 am) chinhngo :lightning have signal
to buy so i may have 200.00soon
(09:49 am) taco :/CL really trying for
higher
(09:49 am) doji :CONN heading lower Chin
(09:49 am) JoeyTSA :yeah taco, back over
$110
(09:49 am) chinhngo :oh my god it go wrong
direction
(09:50 am) JoeyTSA :thats what happens if you
try to catch a falling knife
(09:50 am) JoeyTSA :hopefully you still have
9 fingers left
(09:50 am) chinhngo :i hold over night and
buy flower to pray to night it
(09:51 am) chinhngo :is good way right ?
(09:51 am) JoeyTSA :good way to go broke
maybe
(09:51 am) chinhngo :no way joey
(09:51 am) JoeyTSA :but maybe you get lucky,
i dont trade like that though
(09:52 am) Qwert :remember a small loss is
better than a big loss
(09:52 am) JoeyTSA :yep
(09:53 am) chinhngo :if flower not enought i
will buy more fruit it is ok ?
(09:53 am) skydiver :chin . . . you have an
interesting mind set . . different than mine
. . . but interesting 🙂
(09:54 am) chinhngo :conn just shak weak
hand how do you think ? 24% down so far
(09:54 am) JoeyTSA :fruit is great for your
health, not sure it helps stock go up
(09:54 am) Qwert :lol
(09:55 am) doji :FB looks very strong, never
broke below $44 level I was expecting… I
mean not significantly
(09:56 am) doji :Made higher lows after it
broke $44…. but will wait until Monday
(09:57 am) JoeyTSA :nice chart on FB
(09:58 am) taco :cnbc commenting positively
about it too
(09:58 am) taco :starting to prove it works
etc
(09:59 am) doji :As usual, CNBC getting on
board…
(10:01 am) JoeyTSA :gotta love them
(10:02 am) doji :Look at the 15d, 15m chart
in FB, really very strong, a straight
line…
(10:02 am) JoeyTSA :yeah, looks great
(10:06 am) doji :Look great for a swing
above $45 with stop right below that level
(10:07 am) doji :It’s like FB is just
releasing its IPO price, right?
(10:09 am) chinhngo :flower and fruit are
work very good
(10:30 am) JoeyTSA :food time again, see you
in 30
(10:32 am) taco :enjoy joey
(10:32 am) doji :No market reaction to that
statement Ed
(10:32 am) Ed :nope
(10:33 am) chinhngo :suppose market reaction
will go down ?
(10:39 am) skydiver :YELP -still moving up
(10:45 am) chinhngo :8 crossed (red ) 20
grey crossed 50 orange so will go up it is
right ?
(10:46 am) chinhngo :watch if price hit 200
red ?
(10:47 am) chinhngo :sold some conn at
53.25
(10:50 am) Ed :delayed reaction on comments
(10:51 am) doji :Yes, so now market rallyin
because tapering?
(10:51 am) Ed :comments was for taperin in
2014 verses this year
(10:51 am) chinhngo :short esu at 1662.75
(10:51 am) doji :Sold my swing in APPL on
this push, will enter lower to swing during
the weekend
(11:03 am) chinhngo :sold some conn at 53.3
(11:13 am) chinhngo :market sell off now
(11:18 am) taco :pit maneuvre..
(11:18 am) chinhngo :taco what is that mean
please ?
(11:18 am) taco :futures pit closes at 2:30
so sometimes it moves in last few minutes
more than usual
(11:19 am) taco :/CL that is
(11:19 am) chinhngo :thank taco
(11:19 am) taco :then it goes to electronic
trading with lower volume
(11:19 am) taco :np
(11:22 am) skydiver :AMT – muddy waters
making cautious comments
(11:22 am) chinhngo :taco you was at the pit
before ?
(11:23 am) taco :no i learned from the guys
here
(11:23 am) taco :i was deck builder before
(11:24 am) JoeyTSA :hope you got that tri-top
breakout chin
(11:24 am) JoeyTSA :i think that was you who
mentioned it?
(11:24 am) doji :Steady uptrend in FB…
still waiting for a pullback…
(11:26 am) chinhngo :no mitch took out the
chart so do not follow up now just follow
conn uvxy and es future
(11:26 am) JoeyTSA :oh ok , you had mentioned
it earlier, thought you were either in it or
following
(11:27 am) chinhngo :i remember some one
said break out only .25 so iam not
interesting
(11:28 am) JoeyTSA :i mentioned that the last
run into that tri-top was only 25c
(11:28 am) chinhngo :today i only
interesting short only
(11:28 am) JoeyTSA :should be interesting
weekend Ed, might have to watch /CL open on
sunday
(11:28 am) chinhngo :except conn long
(11:28 am) taco :ya joey
(11:29 am) Ed :I agree joey
(11:29 am) doji :It seems that after all FB
will hit 45 today afterall
(11:33 am) taco :aapl spike
(11:35 am) JoeyTSA :i just have to remember
to turn on trading computer sunday, football
games might make me forget
(11:36 am) skydiver :setup your iphone with
an alarm joey 🙂
(11:36 am) Ed ::)
(11:36 am) JoeyTSA :yeah i plan too
(11:37 am) JoeyTSA :been using it more and
more, really comes in handy
(11:37 am) skydiver ::)
(11:38 am) Qwert :What time does pit open on
Sunday gonna put it on my whitebard?
(11:39 am) JoeyTSA :hahaha
(11:39 am) Qwert :whiteboard
(11:39 am) JoeyTSA :upgrade from your etch a
sketch?
(11:39 am) Qwert :yep
(11:39 am) JoeyTSA :pretty sure its 3pm pdt
??
(11:39 am) Qwert :thx joey
(11:39 am) JoeyTSA :i might be wrong though
(11:40 am) Ed :its electronic, opens at 3pm
pdt
(11:40 am) JoeyTSA :thx Ed
(11:40 am) Qwert :thanks Ed
(11:40 am) Ed :no problem
(11:58 am) taco :marc cuban bought a bunch
few days..
(11:58 am) Qwert :Cuban talking JCP on CNBC
(12:07 pm) JoeyTSA :i love santelli haha
(12:08 pm) JoeyTSA
:http://www.weeklystandard.com/blogs/santelli
-you-cant-play-three-card-monte-game-long_752
816.html
(12:10 pm) Ed :will see if more news wires
picks up this news
(12:13 pm) JoeyTSA :doji: here comes your FB
pullback
(12:15 pm) doji :YEap
(12:15 pm) doji :Probaly to be pinned at
43.5,,
(12:15 pm) Qwert :ARIA real nice
(12:16 pm) chinhngo :bought cover all esu
(12:18 pm) JoeyTSA :good trade chin
(12:18 pm) chinhngo :bought conn at 52.02
(12:19 pm) chinhngo :thank joey just lucky
(12:26 pm) chinhngo :bought esu at 1658.25
(12:26 pm) JoeyTSA :thanks
Mitch,Ed,Diosna,Qwert, everyone
(12:27 pm) JoeyTSA :wish you all a great
weekend, see you monday morning
(12:27 pm) Qwert :Have a nice weekend joey
(12:28 pm) chinhngo :bye and win horse rate
at weekend bye
(12:28 pm) JoeyTSA ::)
(12:30 pm) skydiver :take care joey and
great week-end
(12:30 pm) Ed :c ya joey
(12:31 pm) taco :take care joey
(12:42 pm) doji :NiceEEEEE!!!!!!!!!!!!!!!!
(12:43 pm) doji :That is waht I was
expecting for my swing…. bought it back at
496 for swing next week
(12:43 pm) skydiver :very nice doji
(12:43 pm) Ed :nice
(12:44 pm) taco :does that mean you want to
still keep it doji if this is the
announcement you wanted?
(12:46 pm) doji :Yes….
(12:46 pm) taco 🙂
(12:48 pm) doji :It should open above $500
next week… odds on the long side
(12:55 pm) taco :thx ed you too
(12:55 pm) skydiver :See ya Ed – have a
great one as well and I’m ouit as well.
Everyone have a great week-end as well 🙂
(12:55 pm) doji :Bye fellas,,, see you in a
week, have another business trip… keep an
eye in APPL…
(12:55 pm) skydiver :travel safe doji
(12:55 pm) taco :thx Mitch Diosna Qwert and
everyone else.
(12:56 pm) taco :have a great weekend, safe
travels doji
(12:56 pm) Qwert :Bye everyone cya all next
week,
(12:57 pm) vision :bye everyone
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