[06:24 am] Kris : good morning traders
[06:24 am] Kris : I hope everyone had a great
weekend
[06:25 am] Brent : good monring[06:25 am]
Brent : morning
[06:25 am] Mitch : hi ladies
[06:27 am] Kris : congrats qwert!
[06:30 am] Kris : CTSH short half
[06:30 am] Kris : QCOM short
[06:31 am] Kris : WYNN short half
[06:32 am] Kris : NFLX short half
[06:33 am] Brent : watching GT for a
bounce
[06:33 am] Mitch : looking for bounce in
CP
[06:34 am] Kris : see if SPY can break 127.00
support and make new lod[06:35 am] Kris : out
half QCOM short
[06:36 am] Mitch : looked at daily chart on
CP just now, looks very overbought so cancel
CP as long
[06:37 am] Kris : out half CTSH short
[06:37 am] Kris : out half NFLX short
[06:38 am] Kris : watching MON for a long
soon
[06:39 am] Kris : watching PTEN for a long
[06:41 am] Brent : consider reducing GT
[06:41 am] Kris : once I exit QCOM short I’ll
start watching for a possible reversal
[06:41 am] Kris : out another 1/4 QCOM
short
[06:41 am] Kris : watching SPWRA for a
possible long soon
[06:44 am] Kris : watching MNTA for a
short
[06:44 am] Mitch : getting bounces
[06:45 am] Kris : out all QCOM short
[06:45 am] Kris : SPY still having trouble
finding a bottom
[06:47 am] Kris : HUM long half
[06:48 am] Kris : watching SINA for a long
reversal soon
[06:50 am] Mitch : CP bouncing
[06:51 am] Kris : watching DNDN for a long
[06:52 am] Kris : out half HUM long
[06:54 am] Kris : out another 1/4 HUM long
[06:54 am] Kris : so far, this bounce off the
lows in the SPY isn’t very convincing
[06:55 am] Kris : WDC buyout rumor
[06:56 am] Mitch : looking for short in
LVS
[06:57 am] Kris : looks like WAG might have
fleas
[06:58 am] Kris : COG short half
[06:58 am] Kris : starting to watch RRC for a
long reversal
[06:59 am] Kris : SPY buyers trying to push
off lod support
[07:00 am] Kris : markets acting weak, I’m
preparing for lower prices ahead
[07:02 am] Kris : flat bounce in MPC, look
for a new low to go short.
[07:05 am] Mitch : SHAW turning over
[07:06 am] Mitch : considering SHAW for short
soon
[07:07 am] Kris : watching TZA for a long on
a new hod[07:08 am] Mitch : BDX shortable
here
[07:10 am] Kris : BBBY buyout chatter
[07:11 am] Brent : SPY coming into trendline
resistance
[07:14 am] Mitch : watching URI for short on
top of bounce
[07:19 am] Mitch : watching SPPI for top to
short
[07:20 am] Mitch : considering FCS for short
here 15.20 area
[07:21 am] Mitch : LVS turning over, worth
short trying 48.25 area
[07:24 am] Kris : IBKR dropping
[07:25 am] Kris : from news MF Global deal is
dead
[07:30 am] Brent : watching FSLR for a
bounce
[07:34 am] Brent : SPY coming into trendline
resistance again
[07:35 am] Brent : consider reducing FSLR
[07:46 am] Mitch : BDX short approaching
target area to cover, consider covering
half
[07:49 am] Mitch : consider covering half or
most of any LVS short
[08:14 am] Brent : MPC at lod[08:45 am] Brent
: you should hear sound when we post hear
elaineyee[08:46 am] Brent : only moderator
posts have sound
[09:10 am] Mitch : consider covering
remainder of any BDX short
[09:19 am] Brent : SPY testing lod[09:26 am]
Brent : SPY new lod[09:51 am] Brent : Up here
in this area lincoolman[09:58 am] Kris : SPY
coming into overhead resistance from previous
double bottom, watch for a retest of the
lows
[09:58 am] Kris : these conditions working
better for trending type plays
[09:58 am] Kris : volatility has been dying
down early the past 2 sessions
[10:03 am] Kris : ULTA starting to move.
watching it, no trade yet.
[10:48 am] Brent : SPY approaching hod[12:00
pm] Kris : Wi-LAN confirms it does not intend
to increase its offer for MOSAID
[12:00 pm] Kris : WILN news
[12:00 pm] Kris : WILN running
[12:01 pm] Kris : careful trading WILN, she
gets extremely anemic
[12:51 pm] Brent : 9min left, watch your
positions
[01:00 pm] Brent : have a good night, see you
in the mornings
[01:00 pm] Kris : good night everyone. see
you all in the morning.
|
[6:25 am] joeytsa : gap up:
MNTA,CP,PCRX,HRBN,
[06:26 am] joeytsa : gap down:
CRM,BIDU,SINA,ASML,FSLR,SOHU,
[06:29 am] joeytsa : CP falling already
[06:30 am] shark : GMCR s
[06:31 am] joeytsa : out half CP
[06:31 am] joeytsa : out last half
[06:32 am] shark : die, NFLX, die
[06:35 am] joeytsa : will look for a bottom
in ULTA eventually
[06:36 am] joeytsa : CP closed gap
[06:37 am] joeytsa : HUM toppy?
[06:38 am] shark : out 1/2 GMCR short
[06:38 am] richard : MNTA
[06:39 am] joeytsa : nice shark
[06:41 am] joeytsa : CP lod [06:43 am]
joeytsa : HUM looked ok on that support
test
[06:44 am] joeytsa : watching for higher
highs
[06:45 am] joeytsa : CYOU down pretty
good
[06:48 am] joeytsa : out ULTA
[06:49 am] shark : great one, ULTA!
[06:49 am] cowboyh : MOn good call Mitch
[06:49 am] pandozzi : cp bouncer
[06:51 am] shark : out 2nd half GMCR
short
[06:51 am] joeytsa : expecting more downside
on SOHU
[06:51 am] shark : looking bullish here
GMCR
[06:53 am] joeytsa : NFLX wiggling around
its pivot
[06:54 am] derns : watching LVS for a 3 min
fade…although its has been strong
[06:54 am] joeytsa : all out HUM 🙂
[06:55 am] mhaus : WDC rumor
[06:55 am] apple : thx for HUM!
[06:56 am] joeytsa : both LULU and UA trying
to close gap
[06:56 am] apple : DECK
[06:57 am] joeytsa : LVS had a nice gap
close
[06:58 am] shark : AAPL testing hod -maybe
next to fill gap
[06:58 am] joeytsa : if HUM breaks support
might be a quick scalp
[06:58 am] joeytsa : gaps rock !!!
[06:59 am] apple : they really do joey!
[06:59 am] shark : there goes AAPL
[06:59 am] shark : filling its gap
[07:00 am] shark : GOOG next
[07:00 am] joeytsa : watch if the ES breaks
thru 1265
[07:00 am] shark : spy
[07:01 am] joeytsa : s HUM 85.75
[07:01 am] joeytsa : stop @ 86.10
[07:02 am] richard : SHAW
[07:06 am] joeytsa : out 1/2 HUM 85.50
[07:07 am] joeytsa : out last half
[07:07 am] shark : GOOG testing hod[07:08
am] joeytsa : all done for the day…good
luck with all of your trades
[07:08 am] Brent : have a good one Joey
[07:08 am] mikewd2 -: fall SHAW
[07:08 am] joeytsa : yeah..last full day
with the inlaws..gotta get the workout in b4
the drinks start flowing haha[07:09 am]
joeytsa : have a safe Halloween
everyone..thank you Mitch, Brent and Kris
[07:09 am] skydiver : S SHAW 23.48
[07:09 am] shark : you’re going to miss the
GOOG gap fill
[07:13 am] Brent : several, dano, 1,3 and
5
[07:13 am] anthonyb : dano, put up a 3 or 5
min chart trend line starts at 7am est[07:13
am] dano : 10-4 B
[07:14 am] dano : 10-4 A
[07:18 am] anthonyb : actually dano,you can
use the 4am est high for the trendline[07:18
am] mikewd2 -: MF Global files for
Bankruptcy
[07:20 am] dano : my platform (ST Elite)
shows just eastern times…unless there is a
way 4 me to switch
[07:20 am] anthonyb : est=eastern time
[07:21 am] pow : LEN short potential
[07:22 am] shawnt4 : i took FCS Short
15.18
[07:22 am] pandozzi : mitch my charts went
down anyway u can put up cog got a huge short
open
[07:22 am] dano : …lol…got it. the grid
starts at 9:30 est…than to prev day
[07:23 am] dano : …unless I’m missing
something, which is quite possible
[07:23 am] taco : cog is going down
[07:23 am] taco : 77.7
[07:23 am] anthonyb : which charts are u
using dano[07:23 am] derns : Mitch..do you
meant 47.25?
[07:24 am] dano : timeframe wise I look at 2
min, than move to 5, 15 or 1 depending on
what I am trying to accomplish
[07:25 am] anthonyb : which chart
service?
[07:25 am] dano : this is all through
Scottrade…it is their “Elite” platform
[07:26 am] anthonyb : reconfigure a chart to
show overnight data
[07:26 am] dano : so I am limited compared
to what most here are using
[07:26 am] dano : …will check into that
[07:27 am] dano : …sweet, thnx..got it
under “show premarket data”
[07:27 am] pandozzi : how’s the cog chart
looking mines down anyone?
[07:27 am] dano : ..and now I see the
trendline(s) much better…ta da
[07:28 am] anthonyb : big rally
pandozzi[07:28 am] anthonyb : actually
kissing the lod[07:28 am] jewels0 : COG at
77.56-ish
[07:28 am] pow : vrtx[07:28 am] dano : thnx
4 the tip
[07:28 am] pow : vrtx[07:33 am] jewels0 :
pandozzi, did you get your charts back up
yet?
[07:33 am] pow : looking for new high in
HCN
[07:40 am] dano : does anyone use a NASDAQ
index to follow when trading a NAS stock…or
do you just use the SPY?
[07:41 am] apple : spy
[07:41 am] qwert : tzoo[07:41 am] mhaus :
TREX
[07:42 am] dano : thnx A
[07:54 am] frmendez67 : thanks for BDX short
idea got really good short
[07:55 am] anthonyb : ok guys, I’m taking
off. Good way to start the week. See you all
tomorrow
[07:55 am] Brent : have a good day anthonyb,
see you tomorrow
[07:56 am] dano : c ya A…and thnx for the
tips
[07:56 am] eyes : How about QSii[08:00 am]
dano : ok gang, got my lesson for the day.
Off to the doc..have a great day
everyone..
[08:00 am] Brent : have a good one dano[08:02
am] frmendez67 : Kris sorry but I have a
quick question should we buy TZA?
[08:03 am] lightning : nice FSLR move
here.
[08:06 am] sonorant : man TREX is just
sitting there isn’t it…
[08:12 am] rusty : VLO denies takeover
talks
[08:17 am] Kris : frmendez67, I would wait
for a pullback and hold of lod or higher low
to start a new trend in TZA before taking it
long as a day trade
[08:18 am] frmendez67 : Kris, Sincerely many
thanks for the advice
[08:22 am] sonorant : Kris, when you say
wait for a pull back, and hold of lod what do
you mean? I understand why you would go
long TZA on a higher low — at the top of a
bearish bounce, but what does the first part
of your sentence mean?
[08:23 am] sonorant : TREX sinking nicely —
kudos to mhaus once again.
[08:25 am] rusty : GS – buy the CPSI dip
[08:25 am] eyes : PYS alert
[08:33 am] elaineyee : are u in central
time
[08:34 am] Brent : the Trading Room reads
Pacific Time elaineyee[08:35 am] elaineyee :
how can i read all of today’s posts
[08:36 am] Brent : all of today’s calls are
in the color coded chat box above. They
should all be there. You just won’t have
user chat which is this chat box we are
typing in
[08:42 am] rusty : Dick Bove on BBERG TV,
reporter grilling – last Thurs Bove said $MF
was solvent – today Bove saying insolvent
[08:42 am] ronfrac : Mitch: What about LVS
long here?
[08:45 am] elaineyee : do not hear any
sound
[08:46 am] monster : sndk?
[08:47 am] derns : watching QCOM…been
headed up on the 3 min chart
[08:52 am] qwert : by everybody doctors appt
this am awesome morning 6 for 7 winners see
ya in the am
[08:53 am] Brent : great job qwert[08:59 am]
pow : akam approaching gap window
[09:06 am] sonorant : pow — what is a gap
window?
[09:07 am] sonorant : do you mean assuming
it turns up and runs up to fill the gap?
[09:07 am] derns : Brent…I have traded the
3 min fade twice on QCOM today…do you have
a rule on the limit of trades? Looks like
another chance may develop.
[09:08 am] Brent : very rarely more than
twice. It hasn’t moved enough to fall into a
3 min fade set up here.. Only has moved 1%
[09:09 am] sonorant : need 4 consecutive red
bars???
[09:09 am] derns : Thx…I was hoping it
would fall another .30 or so..it has had some
large 3 min block trades, but I will stay on
sidelines unless definitive.
[09:10 am] Brent : yes sonorant min of 4 with
a min move of 3%
[09:12 am] richard : BDX
[09:16 am] shark : MCP new lod[09:18 am]
shark : another interesting phenomena aside
from daily GAP fills is when those same
stocks come back and retest lows: CMG, LULU,
LVS
[09:26 am] ronfrac : DJI new lod[09:47 am]
rusty : VHC radar
[09:47 am] rusty : moving up fast
[09:48 am] lincoolman : wow nice chat
room
[09:50 am] lincoolman : i just got here
[09:50 am] lincoolman : i don’t see any one
make call here ?
[09:50 am] Kris : we open at 9:30am EST,
trades start to slow down later in the day
lincoolman.
[09:51 am] Kris : look in the above alert box
and you’ll see the trades from this
morning.
[09:51 am] Kris : right now we’re scanning
for a quality setup
[09:51 am] lincoolman : where to look at it
when you make a call ?
[09:51 am] Kris : do you see the colored
posts in the upper box?
[09:51 am] Kris : how far back can you
see?
[09:51 am] lincoolman : what is lod mean ?
lod=low ?
[09:52 am] rusty : VHC hod[09:52 am] rusty
: Analyst target 50
[09:52 am] Kris : lod = low of day
[09:52 am] Kris : hod = high of day
[09:53 am] lincoolman : oh thanks
[09:53 am] lincoolman : ok got it
[09:53 am] lincoolman : how to read when
you have stock setup ?
[09:54 am] Kris : we trade about 4 different
strategies in this room. email me and I can
send you more info
[09:54 am] Kris :
[email protected]
[10:00 am] Kris : I don’t understand your
question lincoolman. please clarify.
[10:01 am] lincoolman : do i need speaker in
this chatroom ?
[10:01 am] rusty : AAWW radar
[10:01 am] Kris : we occasionally do lessons
in the afternoon that will require audio
[10:01 am] rusty : nevermind AAWW
[10:01 am] rusty : too thin
[10:14 am] lincoolman : who is moderator?
[10:15 am] candelas : Mitch,Kris and
Brent
[10:15 am] candelas : are moderators
[10:18 am] lincoolman : do i get free dvd ?
i have daily stock report membership
[10:25 am] rusty : MF Global Files for
Bankruptcy Protection
[10:26 am] michael : VHC was good earlier
Rusty, but no short shares
[10:27 am] rusty : yeah, not the easiest
borromw[10:27 am] richard : ORLY
[10:28 am] lightning : MF Global was my
futures platform clearing broker 🙁
[10:33 am] richard : BDX
[10:35 am] chinhngo : mr richard bdx =78.90
now short or long please ?
[10:36 am] eyes : Guys and Gals good Luck
[10:43 am] kisa : chinhngo…for your sake
and like Mitch teaches, u probably would be
better off by first paper trading and
learning some of the basic setups. After u do
that u’ll learn that u don’t have to trade
every call in chat and u’ll also find ones
that u favor more than others
[10:44 am] Mitch : good advice kisa[10:45 am]
lincoolman : what website can watch live
charts ? anyone know ?
[10:45 am] apple : freestockcharts[10:48 am]
jewels0 : Thinkorswim (TD Ameritrade)
also
[10:48 am] lincoolman : thank you apple
[10:48 am] apple : no problem
[10:51 am] zentrader : watching FSLR
[10:52 am] candelas : watching VRSK
[10:54 am] steele : Watching on 3min or
1min?
[10:55 am] candelas : 1min
[10:55 am] steele : thx
[10:58 am] richard : FDO
[10:59 am] candelas : no problem
[10:59 am] mhaus : HSIC
[11:01 am] candelas : if u took Vrsk short,
would reduce in here
[11:06 am] mhaus : HLF
[11:07 am] candelas : would be careful right
her with VRSK, needs to lose .30
[11:09 am] zentrader : nice call on HLF,
thank you
[11:09 am] mhaus : welcome
[11:10 am] monster : nwl[11:11 am]
lincoolman : hlf? short or long ?
[11:11 am] mhaus : HLF is over
[11:12 am] candelas : it was a short, but
late now
[11:13 am] candelas : nice call Mhaus[11:13
am] mhaus : thanks
[11:13 am] lincoolman : why you don’t say
short when type hlf?
[11:14 am] mhaus : lincoolman, my symbols
are for advanced traders.
[11:14 am] monster : mon new lod[11:14 am]
mhaus : very short trades
[11:15 am] mhaus : I post the symbols when I
see a quick move. You decide if you want to
go long or short.
[11:16 am] lincoolman : oh every one can do
that
[11:16 am] mhaus : SPPI. may be late
already
[11:19 am] mhaus : STMP still up
indicators
[11:19 am] zentrader : if that was the case,
lincoolman, you would have posted HLF. I
went in for seconds on that one. Thanks very
much mhaus. Keep em coming
[11:20 am] lincoolman : what chart they use
in front of screen ?
[11:20 am] lincoolman : scottrade ?
[11:20 am] mhaus : lincoolman, you will get
the hang of this trade room, you will
understand calls from people like me,
candales, rusty
[11:21 am] mhaus : I use Ninja Trader
charts
[11:21 am] lincoolman : i mean the live
chart right in front of us
[11:21 am] Brent : the chart on the screen is
from Esignal lincoolman[11:22 am] lincoolman
: what website is that ?
[11:22 am] lincoolman : is it free too ?
[11:23 am] Brent : no it’s about $150 per
month lincoolman[11:24 am] mhaus : what are
you using now?
[11:24 am] apple : yes or some other live
streaming chart service
[11:24 am] mhaus : *using now*
[11:25 am] lincoolman : stering[11:25 am]
mhaus : sterling also has charts. you can
use the same settings as they use here on the
projector.
[11:26 am] mhaus : You need live charts. The
provider can differ
[11:27 am] kisa : lincoolman…u can use the
Brent trick at TD ameritrade for charts,
strategydesk…etc[11:27 am] lincoolman :
they don’t have stochastic like 10 8 7
[11:27 am] mhaus : Kisa, I don’t think the
strategy desk is now working
[11:28 am] kisa : mine seems to be
working
[11:29 am] kisa : i had to google it
[11:30 am] dan : anyone here has Thinkorswim
platform?
[11:31 am] mhaus : mine stopped working.
Support told me that it is now integrated
with the TD Ameritrade TOS platform
[11:31 am] jewels0 : I use TOS
[11:31 am] jewels0 : just for charts
[11:31 am] mhaus : Lincoolman, do they have
the stochastic indicator?
[11:32 am] zentrader : nice pattern on the
1min HLF
[11:32 am] lincoolman : yup but only (10)
[11:32 am] kisa : thats wierd…I log into
both TOS and strategydesk[11:33 am]
lincoolman : don’t have (10)(8)(7)
[11:33 am] dan : what type of order types
you guys trade
[11:33 am] mhaus : go into the settings for
the stochastic indicator
[11:33 am] mhaus : and change them there
[11:34 am] kisa : i believe every decent
charting program has the stochastic
indicator
[11:34 am] lincoolman : you guys trade
afternoon?
[11:35 am] mhaus : till close of market
[11:35 am] mhaus : 4:00 EST
[11:35 am] lincoolman : mhaus are u full
time trader here ?
[11:35 am] mhaus : TZOO
[11:36 am] mhaus : most of us are full
time
[11:36 am] lincoolman : i just start it
[11:36 am] lincoolman : how long u been
trading ?
[11:37 am] mhaus : not as much as some
others in this room. Some of them here ate in
this for the last 10 – 15 years
[11:37 am] lincoolman : wow those thing can
make it for living ?
[11:38 am] mhaus : it is my full time job
🙂
[11:38 am] zentrader : TZOO is a bit thin
[11:38 am] lincoolman : are you make your
own call or you follow what brent kris ?
[11:39 am] mhaus : usually follow TSA calls.
But if the members see something interesting,
they post them too
[11:39 am] lincoolman : oh ok
[11:40 am] lincoolman : how much money you
need to become full time trader ?
[11:41 am] Brent : In order to day trade you
need an account with a minimum balance of
$25k lincoolman[11:42 am] lincoolman : can
25k become 45k one year?
[11:43 am] Brent : I believe that’s very
realistic if one follows the right
discipline
[11:44 am] Brent : studies hard, learns the
right techniques, and practices on a virtual
platform paper trading for at least 90 days
before going live
[11:46 am] sfarrill : lincoolman I avg 500
to 1000 a week with only an hour a day
trading
[11:47 am] lincoolman : when is that one
hours?
[11:47 am] sfarrill : opening
[11:47 am] lincoolman : 9.30am?
[11:47 am] sfarrill : yes
[11:47 am] lincoolman : oh
[11:48 am] lincoolman : any one make call
today this morning ?
[11:48 am] steele : Sfarrill, with how much
money on how many trades?
[11:49 am] lincoolman : sfarrill you did
great job
[11:50 am] lincoolman : sfarrrill did you
buy or short any stock today ?
[11:51 am] sfarrill : 25k to 45k with 5
trades today will make more when better
patience kicks in
[11:51 am] sfarrill : long onlt today
[11:51 am] lincoolman : you pick your own
?
[11:52 am] sfarrill : some mine some
theirs
[11:52 am] lincoolman : did you post here
when you make a call ?
[11:53 am] sfarrill : not me I don’t type
fast enough but I do when I can
[11:53 am] trvlntrdr : lincoolman remember
it is always your responsibility to evaluate
the suggestions of all the posts
[11:53 am] lincoolman : i know i know but if
no one type any pick idea here ? why am i
here for ?
[11:54 am] trvlntrdr : There are lots of
ideas, especially in the early session
[11:54 am] trvlntrdr : I don’t think they
are going to recommend stocks when the risk
is high and reward low like now
[11:54 am] mhaus : lincoolman, most of the
trades are in the first two hours
[11:55 am] Kris : we are only going to post
high probability trades lincoolman.
[11:55 am] Kris : we’re not going to post
random marginal garbage ideas
[11:55 am] sfarrill : after first 90 min
things get real slow and you tend to lose
money
[11:55 am] Kris : sometimes the hardest thing
to learn as a trader is when not to trade
[11:55 am] Kris : tomorrow try to login
before the open of the markets
[11:55 am] sfarrill : very true
[11:56 am] Kris : and you’ll get plenty of
constant ideas
[11:56 am] Kris : some days we pick up a news
trade or 2 late in the day but as day traders
we need volatility.
[11:56 am] trvlntrdr : make sure you have a
good trading plan before entering trades
though.
[11:57 am] sfarrill : use to make 200 early
then lose later so I quit after first hour
[11:57 am] trvlntrdr : Kris and Brent don’t
have time to give all the instructions for
every stock
[11:58 am] johnaremp : do you guys ever
trade VXX to trade the volatility?
[11:58 am] sfarrill : not me
[11:58 am] apple : thx MK, K and B and
everyone. I have my little devil horns on to
go pick up my son for trick or treating.
Have a safe Halloween, everyone!
[11:59 am] jewels0 : see you tomorrow
apple
[11:59 am] Brent : have a good night apple,
see you in the morning
[11:59 am] chinhngo : sell call cmg at 345
nov will be ok ?
[12:03 pm] chinhngo : can short tzoo at
32.38?
[12:05 pm] Kris : not enough money in TZOO
for me to short it here
[12:06 pm] chinhngo : crm and fslr go down
can i buy put or short it ?
[12:07 pm] Kris : CRM could be a short below
134 but it’s getting late in the day.
[12:07 pm] Kris : wait for it to break 134
support
[12:07 pm] Kris : I would prefer a break
tomorrow, especially if we get selling off
the open of the markets
[12:07 pm] Kris : set an alert at around
134.20
[12:08 pm] Kris : to remind you tomorrow when
it gets closer to support
[12:08 pm] chinhngo : ok i will mr
kris[12:09 pm] Kris : FSLR broke the 3 day
trendline support today and it looks to be
turning weak again. look for a break below
49.00 and it could move down to test the lows
around 43-44 area by later this week.
[12:09 pm] Kris : same with FSLR, I would set
an alert near the lod[12:09 pm] Kris : and
keep it in your pocket for a potential trade
tomorrow
[12:10 pm] Kris : it’s pretty far off the
lows today so I doubt it will get close to
breaking before the close today
[12:11 pm] Kris : I know some of you new
people are itching to get trading but you’ll
do much better if you learn to master your
strategies and stay disciplined with your
trading rules.
[12:11 pm] Kris : we’ve had some incredible
volatility over the past few months which is
hog heaven for day traders but it goes in
cycles
[12:11 pm] Kris : as we’re coming off the
last run up with starting to have some pull
backs and consolidations in stocks
[12:12 pm] Kris : the calm before the next
storm
[12:12 pm] Kris : also another tip is that
when it slows down I continue to scan but I
also review my trades for the day, do some
reading and work on new strategies
[12:13 pm] Kris : try to utilize that time
when it’s slow to work on other parts of your
trading profession
[12:13 pm] Kris : ok, I’m done babbling for
now
[12:13 pm] Kris : break time for me. be back
in 30.
[12:15 pm] zentrader : did anyone get LVS on
that last short run?
[12:18 pm] chinhngo : mr kris crm at 134.12
now
[12:19 pm] trvlntrdr : kris is on break
[12:22 pm] rusty : CBE radar
[12:22 pm] rusty : nothing to write home
about tho[12:24 pm] rusty : WX radar
[12:26 pm] chinhngo : mr rusty wx long or
short?
[12:26 pm] rusty : not enuf volume for my
taste
[12:26 pm] rusty : but long if panic down
and short on bounce
[12:26 pm] rusty : generally
[12:27 pm] rusty : much easier to do on a
stock with volume
[12:32 pm] zentrader : trying HLF long 1/2
position 61.48
[12:34 pm] zentrader : out 1/2 already
[12:34 pm] zentrader : these are too fast to
post really
[12:35 pm] truck : out half CBE,,,plus
.30
[12:35 pm] zentrader : offering another 1/4
HLF at 61.79
[12:36 pm] aussie123 : zen … vxx threw a
shooting star at 12.30
[12:36 pm] michael : REDF
[12:36 pm] lightning : DNKN moving, but too
late in the day
[12:38 pm] michael : cancel REDF, no short
shares
[12:38 pm] truck : thanks
Rusty,,,,,CBE[12:40 pm] derns :
aussie123..does that suggest a bullish view
since that was on the VXX?
[12:41 pm] derns : or, less volatility?
[12:41 pm] trvlntrdr : well it’s been too
much fun for me– I am taking the rest of the
day off from the market.
[12:41 pm] trvlntrdr : take care all
[12:41 pm] aussie123 : Derns..yes…VXX is
inverse to equities
[12:42 pm] trvlntrdr : but Rusty thanks for
CBE, “money in the bucket”
[12:42 pm] trvlntrdr : thank you all have a
good evening, depending on your time zone
[12:43 pm] derns : thx aussie123..that makes
sense (I Googled it after you pointed it
out)…although, I still feel the markets are
volatile
[12:43 pm] derns : aussie123..is that on the
daily?
[12:44 pm] aussie123 : DERNS…had it on the
1 min.
[12:46 pm] derns : ok…at 12:30 pacific
time?
[12:46 pm] aussie123 : right
[12:47 pm] mhaus : watching AGP
[12:48 pm] kisa : VXX and TZA pretty much
mirror each other
[12:48 pm] aussie123 : KISA… YES
[12:51 pm] mhaus : REDF
[12:51 pm] mhaus : ITT
[12:51 pm] zentrader : SIFY
[12:56 pm] zentrader : s HLF 62.56
[12:56 pm] rusty : REDF hod[12:57 pm]
zentrader : out 1/4 HLF .38
[12:57 pm] hobart : HLF earnings after the
close
[12:58 pm] hobart : mhaus, thx for HLF from
2 hrs ago and from last upswing
[12:58 pm] zentrader : thxs hobart, am
closing this out before earnings
[12:59 pm] rusty : peops buying Indian
stocks cause of 7 billionth person born
[12:59 pm] rusty : ridiculous
[12:59 pm] rusty : they all gonna use SIFY
today?
[01:00 pm] zentrader : all out HLF 62.36
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