| (06:15 am) Mitch’s Assist. :October 10, 2013,
Tuesday Pre Market Up: CLNE, AGEN, TKMR,
APPL, YNDK, TSLA, AMZN, MCK, JCP, OUTR, TLM
Pre Market Down: TWGP, RH, JMBA
(06:25 am) Mitch King:Sam Zell, real estate
billionaire, describes Obama as running an
“Imperial white house”
(06:30 am) Mitch King:watching ACAD again
today
(06:31 am) Mitch King:watching RH
(06:31 am) Mitch King:watchign BMRN
(06:31 am) JoeyTSA :eye on BMRN
(06:31 am) Mitch King:monitoring V
(06:31 am) Mitch King:watching RH again
today
(06:31 am) Mitch King:monitoring OUTR
(06:32 am) JoeyTSA :also watching CRM $52
level
(06:32 am) Mitch King:watching FNSR
(06:32 am) JoeyTSA :INSY
(06:32 am) Mitch King:watching SCTY
(06:32 am) Qwert :monitoring TLM
(06:34 am) JoeyTSA :watching TRIP for bottom
(06:34 am) Mitch King:watching NQ for
potential short on top of bounce, take time
(06:34 am) Mitch King:MCK toppy
(06:35 am) Mitch King:BMRN trying to bottom
(06:36 am) Mitch’s Assist. :monitoring GMCR
(06:37 am) JoeyTSA :eye on OUTR
(06:37 am) Mitch King:monitoring MAT
(06:39 am) JoeyTSA :eye on NTES
(06:41 am) Mitch’s Assist. :watching ACAD
(06:43 am) Mitch’s Assist. :monitoring WWW
(06:44 am) Mitch King:watching FIO
(06:47 am) Mitch’s Assist. :watching STX
(06:47 am) Mitch King:watching FDO
(06:47 am) Qwert :monitoring CVS
(06:50 am) Mitch King:watching ACAD closer
(06:50 am) Mitch King:watching YHOO for
bottom, no hurry
(06:52 am) JoeyTSA :eye on THRX
(06:53 am) Mitch’s Assist. :watching BIDU
(06:55 am) JoeyTSA :/CL back into R1
(07:00 am) JoeyTSA :tighten OUTR if long
(07:15 am) Mitch’s Assist. :watching JCP
(07:18 am) Qwert :watching LNG
(07:18 am) Mitch’s Assist. :watching SPLK
(07:19 am) JoeyTSA :close on on Z for
potential breakout
(07:28 am) JoeyTSA :might want to cover INSY
if short
(07:52 am) JoeyTSA :eye on QIHU
(07:57 am) Mitch King:looking for bounce
overall in next 30-45 min in CL 11-13
(07:57 am) Mitch King:watcing TSLA for
bottom
(07:58 am) JoeyTSA :Z another one trying to
bottom
(08:14 am) Ed :starting to monitor JAZZ
(08:14 am) Murano :watching CTB
(08:16 am) Ed :being that trend is mostly
down, best approach for longs are to allow
for low to be set, then let stock cycle and
look for retest of low. Wait to see if holds.
ie double bottom
(08:17 am) Ed :thats the conservative
approach
(08:26 am) Ed :see how waiting for retest on
JAZZ kept you on sidelines with conservative
approach
(08:38 am) JoeyTSA :eye on OUTR
(08:39 am) Ed :lowere lows on SPY
(08:48 am) JoeyTSA :tighten Z if short
(08:49 am) Ed :Obam will be speaking 2pm est
(08:51 am) Ed :reducing 3/4 JAZZ long
(08:52 am) Ed :placing stop last 1/4 JAZZ
long 80.73
(09:02 am) Mitch King:its a thing of beauty
(09:02 am) Mitch King:want to a Thunder
chart?
(09:03 am) Mitch King:this is CL 11-13. let
me circle buy and sell, consecutive
(09:04 am) Mitch King:buy sell, buy sell
buy,
(09:04 am) Mitch King:connect the dots
(09:05 am) Mitch King:the area i circled in
the green around 738am, is the highest
quality signal and you should consider this
as an important buy signal in which to hold
for a longer while,
(09:06 am) Mitch King:this is what you will
get at workshop. i have to be honest. this
is an exceptionally good day in CL with
Thunder signals. not all days are this good
(09:06 am) Mitch King:in this case it took an
hour, which i usually say 45 min or so
(09:07 am) Mitch King:thats 5 good trades of
30-40 ticks per trade
(09:08 am) Mitch King:usually, you can count
on 2-3 good trades
(09:10 am) Mitch King:ok see this indicator
BUySellZones? we separated this out so you
can add to other charts like a Lightning
charts and see signals that may occur in
those pink or green boxes. you want to be
watching for buy signals in the green box to
go long or cover and sell signals in the pink
box.
(09:11 am) Mitch King:this BuySellZones
indicator is designed for use with Thunder
but we found that it works fairly well with a
Lightning chart to identify buy and sell
zones that are good.
(09:12 am) Mitch King:THunder is designed for
futures and forex qwert, does not work with
stocks
(09:12 am) Mitch King:i will show you the
precise technique with settings that we have
done exhaustive backtesting for and that will
be taught on Sunday starting at 1pm pacific
time. Ed is also teaching stock trading
technique on Sunday so we can configure
everything for MOnday and Tuesday at 530am
(09:19 am) Ed :my stop now on JAZZ long is
82.23
(09:21 am) Ed :all out JAZZ long
(09:21 am) Ed :will tighten little more and
use 10sma to trail
(09:27 am) Mitch’s Assist. :watching TRIP
(09:28 am) JoeyTSA :YY still dropping
(09:36 am) JoeyTSA :eye on AMZN $300 level
(11:00 am) Ed :Obama coming up shortly
(11:14 am) Ed :Obama about to speak
(11:21 am) JoeyTSA :HAIN
(11:21 am) Ed :HAIN alert
(11:26 am) Ed :HAIN Guides Q1 adj EPS
$0.47-0.51 v $0.56e, Rev $472-477M v $464Me –
analyst day – Reaffirms FY14 guidance of
$2.95-3.05 v $3.02e, R$2.02-2.05B v $2.04Be –
Reiterates FY14 28.0-28. more…- Source
(11:27 am) Ed :if u were abot to short HAIN
would cover
(11:28 am) Ed :I reversed my short to go long
and am reducing 3/4 HAIN long
(11:32 am) Ed :nice volatility
(11:32 am) Ed :i stopped my last 1/4 long on
HAIN
(12:32 pm) Mitch King:nice little breakout
with RH, might be a micro short
(12:56 pm) Ed :SPY closing at lows
(12:58 pm) Ed :have great evening traders
(12:59 pm) Ed :US) House Speaker Boehner to
respond to President Obama in press
conference to be held at 1630ET-
(01:01 pm) Mitch King: bye ladies!
| (05:42 am) taco :Gm Qwert Mitch Joey and
everyone
(05:49 am) Qwert :GM joey, mitch, and to
everybody
(05:58 am) JoeyTSA :Good morning everyone
(05:58 am) JoeyTSA :only report i see is
IBD/TIPP @ 7pdt
(05:59 am) JoeyTSA :gap down: RH,TWGP,JMBA
(06:00 am) JoeyTSA :gap up: nothing really
jumping out at me
(06:00 am) taco :thx joey
(06:00 am) JoeyTSA :keeping OUTR up from
yesterday, probably SOHU,QIHU,Z,SRPT for
starters too
(06:01 am) skydiver :gm all and thnx for
gappers and info joey
(06:01 am) JoeyTSA :watching R1/103.90 area
on /CL as potential res
(06:03 am) JoeyTSA :1671.50 is pp on /ES,
below that will watch 70,67,63 levels
(06:04 am) JoeyTSA :also keeping eye on NUAN,
having Icach related news
(06:08 am) Murano :good morning
(06:08 am) gum :Good morning everyone !!
(06:16 am) taco :thx Mitch
(06:16 am) JoeyTSA :thanks Mitch for list
(06:20 am) skydiver :yes — thanks Mitch
(06:25 am) skydiver :Souinds correct to me
Mitch
(06:26 am) Qwert :i agree with that
(06:27 am) JoeyTSA :no comment 🙂
(06:27 am) Qwert :hahahaha
(06:27 am) JoeyTSA :but will say, that he
isnt the one i want running healthcare
(06:27 am) skydiver :agreed there joey and
using our trust worthy IRS?
(06:28 am) JoeyTSA :yeah the whole health/irs
connection makes me a bit leery
(06:29 am) Qwert :nice call on /CL off R1
joey
(06:34 am) JoeyTSA :thx qwert, watching /CL
here too
(06:35 am) JoeyTSA :/ES lower highs since
hitting pp just over an hour ago
(06:39 am) taco :MCK nice
(06:40 am) skydiver :FIO – take over
chatter
(06:41 am) taco :all out MCK thx Mitch
(06:41 am) taco :maybe early
(06:44 am) skydiver :FIO – anot her leg up
(06:44 am) JoeyTSA :nice one sky
(06:45 am) skydiver ::)
(06:46 am) skydiver :forgot about TSLA —
need to be better at multi tasking 🙂
(06:47 am) JoeyTSA :decent bounce on QCOR
(06:48 am) JoeyTSA :sky, i missed TSLA also
(06:49 am) skydiver :I had it on screen and
was getting to execute and got side tracked
with other stocks . . oh well 🙂
(06:50 am) JoeyTSA :same here
(06:50 am) JoeyTSA :ACAD still trying to find
a bottom
(06:51 am) JoeyTSA :AMZN a bit weak today,
yesterday had troubles moving up when other
big names did
(06:52 am) JoeyTSA :1670 has been a good
target on /ES so far
(06:56 am) JoeyTSA :TASR making a little
move, think it was mentioned yesterday too
(06:58 am) JoeyTSA :/TF had apprx 30t move
off dbl bot, ran rigth into pp
(07:06 am) JoeyTSA :GOP leaders speaking
(07:08 am) JoeyTSA :ACAD has been a nice
short
(07:09 am) taco :nice joey
(07:09 am) taco :im watchiing it for dbl
bot
(07:10 am) JoeyTSA :if anyone shorted LNKD,
might want to cover here
(07:14 am) shawn3 :Hey JoeyTSA: Can we catch
a bottom in NFLX?
(07:15 am) JoeyTSA :you tell me, you are the
NFLX guy 🙂
(07:15 am) shawn3 :I made money shorting
today
(07:15 am) shawn3 :Lighning just gave me a
buy signal
(07:22 am) JoeyTSA :taco: did you grab ACAD?
(07:24 am) taco :no didn’t
(07:24 am) JoeyTSA :YELP nice down trend so
far
(07:25 am) taco :it was slow so i was
looking for dbl or noticeable pullback
(07:25 am) JoeyTSA :i didnt want to fight the
overall trend
(07:29 am) JoeyTSA :break time see you in 20
(07:30 am) skydiver :enjoy jeoy
(07:30 am) skydiver :joey
(07:31 am) skydiver :been a hard market for
me to read today . . mainly sitting on hands
trying not to do something stupid 🙂
(07:32 am) taco :many times i wish i did
that
(07:32 am) taco 🙂
(07:32 am) skydiver :I hear ya taco . . .
been there too many times 🙂
(07:33 am) taco :i’m doing more questionable
trades in sim, things i think will work
(07:33 am) taco :high confidence live a very
few of them
(07:33 am) taco :and
(07:34 am) skydiver :takes time to build
confidence on your system . . . once you
prove yourself with real money, then I have
to be careful not to be over confident
(07:34 am) taco :true
(07:34 am) taco :ACAD new lod
(07:35 am) skydiver :any news on ACAD?
(07:35 am) taco :none i see
(07:36 am) skydiver :yeah, I see none as
well . just curioius I guess 🙂
(07:36 am) taco :its had a good run so
institutional selling?
(07:37 am) skydiver :INSY – dropping today
as well
(07:37 am) skydiver :could be taco . . good
question for Ed 🙂
(07:38 am) taco :well its selling one way or
other 🙂
(07:38 am) skydiver ::)
(07:39 am) skydiver :got to get myself
signed in for the seminar coming up . will
do it today
(07:40 am) skydiver :MLNX – take over
chatter
(07:43 am) taco :ACAD 23.42 sim
(07:45 am) skydiver :nice grab taco on ACAD
(07:46 am) taco :looked about right will
see.. thx
(07:46 am) skydiver :monitoring TSLA again
(07:48 am) taco :shorting ACAD would have
been better
(07:49 am) skydiver :back drop of the market
is heading down for now
(07:49 am) taco :INSY still weak
(07:51 am) JoeyTSA :yeah taco, really fell
off the cliff there
(07:51 am) JoeyTSA :LNKD down $15 so far
(07:52 am) skydiver :TSLA on 15 minute chart
hit resistance point
(07:54 am) JoeyTSA :right now shorting is
where teh money is
(07:54 am) JoeyTSA :can change any moment
though
(07:57 am) skydiver :TSLA broke thru 180
resistance
(08:01 am) JoeyTSA :you mean support?
(08:01 am) JoeyTSA :or am i reading that
wrong
(08:01 am) taco :sky trades on head
sometimes 🙂
(08:01 am) JoeyTSA ::)
(08:02 am) Murano :LNKD trying to bottom
(08:02 am) JoeyTSA :all the big names getting
whacked
(08:04 am) JoeyTSA :BIDU just blew thru $150
(08:11 am) Ed :markets getting smoked
(08:12 am) Ed :but creates opportunity
(08:12 am) taco :ACAD nice rebound, i missed
entry but looks like there was other spots..
(08:16 am) Murano :out 1/2 LNKD
(08:17 am) taco :thx ed
(08:18 am) regatta :watching ABFS
(08:19 am) skydiver :sorry – had to step out
and now my time is up . . yes. . I was
standing on my head on my comments earlier 🙂
Make lots $$$ might see you all torward
closing today
(08:20 am) taco :cya sky
(08:20 am) skydiver ::)
(08:20 am) Qwert :bye sky
(08:21 am) JoeyTSA :bye sky
(08:21 am) JoeyTSA :good advice Ed
(08:22 am) Murano :out all LNKD
(08:23 am) Murano :see you sky
(08:23 am) JoeyTSA :great trading Murano
(08:24 am) JoeyTSA :give that blind squirrel
a nut 🙂
(08:24 am) Murano :only had 200 shares,
wasn’t risking a lot
(08:24 am) JoeyTSA :yeah, a bit hard to load
up on those higher priced ones
(08:24 am) Murano :especially on a day like
today
(08:24 am) JoeyTSA :smart
(08:25 am) JoeyTSA :good thing is that they
usually move in “points”, so there is still
money to be had
(08:27 am) JoeyTSA :good call
(08:28 am) Murano :didn’t post it up top
because it was high risk
(08:31 am) Murano :keep an eye on CTRX when
the budget deal gets settled. May be agood
long swing.
(08:33 am) JoeyTSA :i might have to swing a
few once a deal gets there
(08:40 am) Murano :if you took CTB long would
sell some here, I did no trade was busy with
LNKD
(08:54 am) JoeyTSA :getting a little buying,
not sure it is a trend changer though
(08:56 am) JoeyTSA :nice job on JAZZ Ed
(08:56 am) Ed :thx
(09:02 am) JoeyTSA :yeah
(09:02 am) Murano :yes
(09:02 am) taco :yes plzzz
(09:02 am) electrader :Sure
(09:03 am) Qwert :oh yeah
(09:03 am) taco :im guessing /GC
(09:03 am) electrader :I like beautiful
charts!
(09:05 am) taco :sweet
(09:05 am) taco :my wife wants to try
trading now too
(09:08 am) JoeyTSA :cant beat that
(09:08 am) Qwert :thats all iwant everyday
:))
(09:09 am) electrader :I agree Qwert!
(09:11 am) Qwert :Mitch so that indicator
works on a stock chart
(09:12 am) Qwert :okay thx
(09:13 am) klas :Looking forward to it
(09:14 am) JoeyTSA :hey klas, how ya been?
(09:14 am) klas :good Joey and you?
(09:14 am) Qwert :cant wait will also be nice
to meet everyone
(09:14 am) JoeyTSA :no complaints
(09:14 am) klas :will you be in Portland
(09:15 am) JoeyTSA :not sure yet, trying to
work things out
(09:15 am) klas :work it out then
(09:22 am) taco :ed, was there anything
specific you liked about JAZZ overothers? ie
Z, ACAD
(09:22 am) Ed :never got chance to see Z or
ACAD
(09:22 am) taco :were you short JAZZ then?
(09:23 am) Ed :no came back to late for
short, so waitied for long setup
(09:23 am) taco :ok, just curious
(09:43 am) Ed :really had some carnage in
tech sector today
(09:43 am) JoeyTSA :yep
(09:43 am) Ed :you short ES breaking
yesterdays low
(09:44 am) JoeyTSA :hit it a couple times,
wasnt paying attention to yest low though
(09:44 am) JoeyTSA :specifically i mean
(09:44 am) Ed :ok
(09:46 am) JoeyTSA :missed that last pop
though
(09:54 am) JoeyTSA :both NFLX,AMZN gave nice
bounces off $300 area
(09:56 am) Qwert :TSLA gave a nice bounce as
well
(09:57 am) Murano :OUTR was CSTR?
(09:58 am) JoeyTSA :yes
(09:58 am) Murano :ok thanks joey
(09:59 am) JoeyTSA :no prob, was actually
reminded of it this morning or yesterday when
i saw news on it
(10:07 am) JoeyTSA :eye on BIDU, $150 area
(10:17 am) JoeyTSA :SFUN trying to hold $45
(10:26 am) JoeyTSA :see you all in 30
(10:58 am) JoeyTSA :qwert: did you catch that
dbl top at R1 on /CL?
(10:58 am) JoeyTSA :looked like 40c move
approx
(11:01 am) Qwert :no i missed joey
(11:01 am) JoeyTSA :oh ok, just wondered
(11:08 am) JoeyTSA :see what the markets do
once 0bama starts talking
(11:10 am) JoeyTSA :tighten SFUN if short on
loss of $45
(11:17 am) JoeyTSA :LNKD slight bounce
(11:21 am) JoeyTSA :sorry Ed, didnt hear your
alert
(11:21 am) Ed :no problem, reinforcement
(11:21 am) JoeyTSA :0bammy was hypnotizing me
haha
(11:21 am) Ed :lol
(11:23 am) JoeyTSA :in 2006 he called it a
failure of leadership to increase the debt
limit?
(11:24 am) Qwert :i saw that joey amazing
(11:24 am) JoeyTSA :so he admits he is a
failure?
(11:27 am) JoeyTSA :great call Ed
(11:31 am) Ed :thx joey
(11:32 am) JoeyTSA :funny how i wrote about
him and all of a sudden my internet went out,
hmmmm
(11:32 am) Ed :uhh ohh
(11:32 am) JoeyTSA :i guess nsa isnt
furloughed?
(11:33 am) Qwert :hahaha
(11:42 am) Murano :Obama said our deficits
are being reduced at the fastest level in 60
years. I do not understand
(11:43 am) JoeyTSA :thx, i thought i was the
only clueless one
(11:43 am) Ed :its new math
(11:43 am) JoeyTSA :and i also thought we
were a republic not a democracy??
(11:43 am) klas :is he drinking
(11:43 am) Ed :banana republic
(11:43 am) JoeyTSA :yeah, his own koolaid
(11:44 am) Murano :We are a republic, many
people are not aware of the fact.
(11:44 am) klas :Looking for help out ther
want to switch to ninja for the seminar
(11:45 am) Murano :what help do you need
klas?
(11:45 am) klas :Kenetick for all feeds is
$$$
(11:46 am) Murano :Yes, you will need a data
feed at cost
(11:46 am) klas :Forex and all futures is
over $ 200 mo
(11:47 am) Murano :if you are with a prefered
ninja broker you can get the data fees waived
or partially waived
(11:48 am) Ed :amp no cost for futures data,
MBT no cost for futures/forex data
(11:48 am) klas :what about IB ?
(11:49 am) Ed :ninja site has list of
preferred brokers
(11:49 am) Ed :so Im not sure about IB
(11:49 am) klas :Thanks Ed
(11:49 am) taco :IB works with Ninja
(11:50 am) Ed :I just know about ones I ues
AMP clearing, and MBT for forex
(11:50 am) taco :i have futures forex and
stocks for $75/month
(11:50 am) taco :from kinetick
(11:51 am) klas :tHey just told me it was
$75.00 each
(11:52 am) taco :if you are connected to IB
and funded for a live acct
(11:52 am) taco :if you log in once a month
the futures fees are waived
(11:52 am) taco :if not you get billed the
$$$
(11:52 am) klas :Log into Ninja?
(11:53 am) taco :yes while connected to your
live funded IB acct
(11:53 am) taco :its a CME waiver program
(11:53 am) taco :ask them abou tthat
(11:54 am) klas :Ok so you use IB taco?
(11:54 am) taco :i do with ninja and
kinetick
(11:54 am) klas :for Forex futures,and
stocks right
(11:55 am) taco :yes
(11:55 am) taco :its the CME waiver program,
ask abou tit
(11:55 am) klas :grest I wanted just one
broker to provide all
(12:15 pm) JoeyTSA :calling it an early day
(12:15 pm) JoeyTSA :Thanks
Mitch,Ed,Diosna,Murano,Qwert,everyone
(12:15 pm) Qwert :bye joey have a great
night
(12:16 pm) JoeyTSA :enjoy the rest of your
day, see you tomorrow
(12:17 pm) Ed :c ya joey
(12:18 pm) taco :cya joey you too
(12:33 pm) Qwert :thx Mitch
(12:51 pm) Murano :done for the day, see you
tomorrow
(12:52 pm) Ed :c ya murano
(12:55 pm) taco :cya Murano, Thanks Mitch Ed
Qwert Diosna and everyone, have a great night
see you tomorrow
(12:56 pm) Ed :c ya taco
(12:58 pm) Qwert :Good night everybody cya
all in the am
(12:58 pm) Ed :c ya qwert
(12:59 pm) pirate :will watch ROSE and DECK
for bottoms tomorrow
(01:02 pm) Mitch King:hey pirate how is it
going?
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