[05:58 am] Mitch K: ACAD: Acadia
Phaemaceuticals announced successful top-line
results for the Phase III trial of its
Pimavanserin drug for patients with
Parkinson’s disease psychosis. The compound
met the primary endpoint by demonstrating
highly significant antipsychotic
efficacy
[06:01 am] Mitch K: It is a Phase
3, which is fairly strong trial
[06:01 am]
Mitch K: if ACAD gets lower lows, then stop
buying on dips until a real big one
occurs. Realize this has tripled
today
[06:01 am] Mitch K: i think the way
to handle ACAD is buy on big dips, watch for
some selling at opening
[06:15 am] Ed : i
mentioned it right before yesterdays
close
[06:15 am] Ed : We got the
continuation weakness on MMR and EXXI, hope
you guys were able to participate
[06:16
am] Mitch K: good job swing trader
[06:30
am] Mitch K: watching VPHM for top
[06:31
am] Mitch K: ACAD already has over 11 mill
shares traded so good trades
[06:31 am]
Mitch K: trades both ways on ACAD
[06:32
am] Mitch K: watching FIO for
bottom
[06:33 am] Mitch K: watching AMT
for bottom
[06:33 am] Mitch K: watching
DDD for bottom
[06:33 am] Mitch K:
watching THO for bottom
[06:33 am] Mitch
K: watching RHT for bottom
[06:34 am]
Mitch K: watching HCP for bottom
[06:34
am] Mitch K: watching PXP for
bottom
[06:35 am] Mitch K: watching MELI
for bottom
[06:35 am] Mitch K: watching
AEM for bottom
[06:35 am] Mitch K:
watching MMR for bottom, bigger the drop the
better
[06:36 am] Mitch K: watching VHC
for top, take time
[06:36 am] Mitch K:
watching VRX for bottom
[06:36 am] Mitch
K: watching CSTR for short on top of bounce,
toward 46.50 area+
[06:38 am] Mitch K:
adt
[06:38 am] Mitch K: CRM
bottoming
[06:38 am] Mitch K: watching
CREE for top
[06:39 am] Mitch K: consider
selling FIO soon
[06:39 am] Mitch K:
watching ADT for top, need rebound
first
[06:41 am] Mitch K: good short on
GMCR
[06:41 am] Mitch K: GMCR
top
[06:44 am] Mitch K: watching DDD for
bottom closer
[06:45 am] Mitch K: consider
selling CSTR if long
[06:46 am] Mitch K:
watch CSTR for short, top of this
bounce
[06:47 am] Mitch K: consider
selling MELI gradually
[06:47 am] Ed :
ACAD still dropping would monitor
[06:47
am] Mitch K: consider covering VHC if
short
[06:48 am] Mitch K: looking for sell
signal in PXP, none yet but soon
[06:51
am] Ed : SPY new hod
[06:55 am] Mitch K:
consider selling PXP
[06:56 am] Mitch K:
lot of stocks turnign over from top of
bounce; good shorts, FIO, CSTR, more downside
on GMCR
[07:00 am] Ed : good eye
sman
[07:01 am] Mitch K: starting to watch
AMZN
[07:01 am] Mitch K: consider selling
HCP if long
[07:01 am] Mitch K: more
downside on FIO
[07:01 am] Mitch K:
consider covering GMCR short
[07:09 am] Ed
: would monitor EXXI been very weak bounce so
far
[07:19 am] Mitch K: time your buys
with SPY bottom
[07:19 am] Mitch K:
watching WHR for bottom
[07:24 am] Ed :
weak bounce in SPY sop far
[07:25 am]
Mitch K: looking for bottoms soon, SPY should
bottom
[07:28 am] Ed : MNST has been
strong agains the market
[07:32 am] Ed :
would start to monitor MNST for potential
short,
[07:37 am] Ed : if u took MNST
short would cover some here
[07:45 am] Ed
: SEED on the move
[07:46 am] Ed : very
very dangerous low priced stock
[07:53 am]
Ed : nice bounce in SPY
[08:11 am] Ed :
DMND on move
[08:15 am] Ed : nice one
qwert on AKAM
[08:37 am] Ed : getting
bounce in SPY
[09:19 am] Ed : nice one on
WDAY if were able to short
[09:59 am]
Mitch K: watching MNST for top
[10:40 am]
Ed : good eye sman
[10:52 am] Ed : nice
one VMW guys
[10:58 am] Ed : thx doji on
FSLR
[11:21 am] Mitch K: good job sman on
SCHN, SNDK, MNST
[11:22 am] Mitch K: after
Q&A, probably goes 4 hours
Saturday
[11:22 am] Mitch K: webinar on
Saturday is 3 hours, probably goes longer
though. trying to get your charts
setup, configured, starts at 8am pacific
time
[11:23 am] Mitch K: Then we’ll teach
live Monday and Tuesday
[11:24 am] Ed :
lack of progress made on fiscal cliff
talks
[11:34 am] Ed : SPY trading near
lod
[12:25 pm] Ed : thx doji for
BBY
[12:26 pm] Ed : thx qwert for
BBY
[12:31 pm] Mitch K: every little spike
is getting sold into, nice shorts
[12:31
pm] Ed : nice one qwert
[12:32 pm] Mitch
K: i doubt the drops will have buying
though
[12:36 pm] Ed : nice call
qwert on NTI
[12:37 pm] Ed : on the short
setup
[12:57 pm] Ed : SPY closing near
lod
[12:59 pm] Ed : have a great evening
traders
[01:00 pm] Mitch K: should be good
trading the next few days, much better today
than yesterday
[01:06 pm] Mitch K: later
guys
[01:42 pm] Mitch K: you guys watching
GMCR?
[02:00 pm] Mitch K: you short that
at 13:36pm qwert, MNST?
| [05:40 am] mikewd2 -: good morning
traders
[05:41 am] qwert : good
morning to everybody :))
[05:51 am]
reshef : G.m
[05:55 am] qwert
: anyone trading ACAD been really good
premarket this am
[05:57 am] lisas :
gm all
[05:59 am] qwert : yeah saw
that mitch no shorts at lightspeed but got
the long earlier :))
[06:01 am]
qwert : thx mitch
[06:03 am]
cowboyh : GM everyone
[06:04 am]
khall : good morning
[06:06 am]
joeytsa : Good morning Mitch,
everyone
[06:07 am] joeytsa : gap
up: ACAD,RAH,CAG,GNRC,ADT,DG?
[06:08 am]
mikewd2 -: also LVS gap up on special
divi
[06:08 am] lisas : gm khall,
joey joey cowboy
[06:08 am] joeytsa
: not much gapping down, AVB
[06:08 am]
doji : Good morning fellas
[06:09
am] mikewd2 -: Production issues may reduce
iPad mini shipments, DigiTimes says
[06:11
am] khall : gm lisa lisa
[06:13 am]
doji : I just read this: Bull markets
are born on pessimism, grow on skepticism,
mature on optimism, & die on
euphoria. Same on stocks: time to
release
[06:13 am] doji :
APPL
[06:13 am] joeytsa : nice
doji
[06:15 am] mikewd2 -: MMR still
sick
[06:15 am] joeytsa : CB
consumer confidence, Richmond manufacturing
and HPI m/m all @ 7pdt
[06:16 am]
joeytsa : nice call Ed
[06:16 am] Ed
: thx joey
[06:16 am] doji : For
thos long in APPL, check this:
http://www.hftalert.com/aapl_lows.htm
[06:
17 am] joeytsa : THO down
[06:17 am]
Ed : thx doji
[06:17 am] joeytsa :
thx doji, and mike for the news
earlier
[06:22 am] skydiver : gm
all
[06:23 am] apple : good morning
to all confident traders
[06:23 am]
apple : gm sky
[06:23 am]
skydiver : gm apple
[06:23 am]
apple : gm joey
[06:23 am]
apple : gm E
[06:23 am] qwert
: gm apple
[06:23 am] apple : gm
doji
[06:24 am] reshef :
RAH
[06:24 am] apple : gm
khall
[06:24 am] apple : gm
lisa
[06:24 am] apple : gm
mike
[06:24 am] apple : gm
qwert
[06:24 am] apple : gm
MK
[06:24 am] apple : gm
reshef
[06:24 am] mikewd2 -: RAH, being
bought by conagra
[06:24 am] Ed : RAH is
buyout @90
[06:24 am] apple : gm
cowboy
[06:24 am] mikewd2 -: at
90
[06:24 am] doji : Hi Apple,
thanks for your e-mail…. I’ll be on and off
during the day
[06:25 am] apple :
congratulations again doji on your
promotion!
[06:25 am] mikewd2 -: wow –
nice doji
[06:25 am] apple : he’s a
head honcho now!
[06:25 am] mikewd2 -:
president of company?
[06:25 am]
cowboyh : Goodmorning Apple
[06:25
am] joeytsa : congrats
[06:25 am]
lisas : Congrats Doji!!
[06:25 am]
Ed : head of OPEC now
[06:25 am] mikewd2
-: noticed it was down in premarket –
lol
[06:25 am] qwert : nice
doji
[06:26 am] skydiver : yes –
congratlations doji —
[06:26 am] Ed :
congrats doji
[06:26 am] doji :
Ouch…. thanks fellas….
[06:26 am]
mikewd2 -: head trader?
[06:26 am]
ticktrader : Good Mornging
Traders
[06:26 am] apple : gm
tick
[06:26 am] khall : great doji –
very exciting for you!
[06:27 am]
doji : For all of you I am simple Doji
the learner… nothing more nothing
less
[06:27 am] doji : and I ma
thanksful for sharing these moments with all
of you
[06:27 am] apple : haha, you
wish!!! the meek and humble
lol
[06:27 am] qwert : a humble
leader
[06:28 am] apple : hey, and
he does it all while also trader!!!
superdoji!
[06:28 am] apple :
trading
[06:28 am] doji : FB close
the pre-market gap
[06:28 am] doji :
hahah thanks Apple
[06:29 am] apple
: np my friend, we are all proud of
you!
[06:30 am] doji : and I am very
happy to have you as my friend
[06:30 am]
doji : ACAD short from open
[06:31
am] joeytsa : watching HD
[06:31 am]
doji : 1/2 S ACAD out
[06:31
am] doji : all out
[06:31 am]
skydiver : watching MMR
[06:31 am]
doji : nice 50c
[06:32 am]
doji : Want more sell in ACAD before I
take it long
[06:32 am] doji : $5.5
or even near $5
[06:32 am] joeytsa :
watching SSYS
[06:33 am] doji :
NFLX
[06:34 am] doji : Watching LVS
for S
[06:35 am] mikewd2 -: missed FIO
L
[06:35 am] joeytsa : AMZN strong
today
[06:35 am] doji : MMR still
weak
[06:36 am] apple : GMCR reports
AC today
[06:37 am] joeytsa :
watching ARG
[06:39 am] joeytsa :
nice on FIO Mitch
[06:39 am] doji :
MMR Long 7.35
[06:40 am] doji :
FSLR
[06:41 am] joeytsa : AAPL
lod
[06:41 am] joeytsa : eye on
THS
[06:41 am] doji : Apple weak
Joey, I am short from the open
[06:41 am]
joeytsa : low vol on THS
though
[06:41 am] joeytsa : good
one
[06:42 am] joeytsa : good one
doji i meant
[06:43 am] doji : out
MMR here…
[06:43 am] doji : not
acting well
[06:45 am] skydiver :
THLD = up due to new patent info given to the
patent office
[06:45 am] apple : thx
sky
[06:45 am] mikewd2 -: thanks doji,
made it jump
[06:45 am] skydiver :
KORS moving up nicely this morning
[06:46
am] joeytsa : watching BIDU for a break
from this range
[06:47 am] joeytsa :
almost 4pt move on teh ES
[06:47 am]
doji : Any news?
[06:48 am]
joeytsa : didnt hear any
[06:48 am]
joeytsa : couple reports coming up at
top of hour
[06:50 am] apple :
right, thx joey
[06:50 am] joeytsa :
NFLX still moving up slowly
[06:50 am]
apple : doji, the market is celebrating
with you!
[06:50 am] skydiver : KORS
still moving up nicely – out 3/4 KORS
L
[06:50 am] joeytsa : nice
sky
[06:51 am] skydiver : my first
trade of the day 🙂
[06:51 am] doji
: ACAD
[06:51 am] doji : L
5.47
[06:52 am] apple : good for
your sky
[06:52 am] joeytsa :
APC,ANF hod
[06:53 am] skydiver :
short KORS 54.14
[06:54 am] joeytsa
: nice price sky 🙂
[06:54 am]
skydiver : all out of KORS shortsorry
— 52.14 — thnx joey 🙂
[06:54 am]
joeytsa : haha
[06:54 am]
skydiver : I wish it was 54.14
🙂
[06:55 am] skydiver : missed
short of CF – couldn’t get it
filled
[06:55 am] doji : Sky falling
in love with KORS…. where di you leave
CRM?
[06:55 am] mikewd2 -: nice call on
SSYS joey
[06:55 am] joeytsa : AMZN
$2 pullback from hod, i would think they
would have some moves
[06:55 am]
skydiver : CRM hasn’t been friendly to
me lately doji — 🙂
[06:56 am] doji
: 2nd short in APPL
[06:56 am] mikewd2 -:
you playing options or stock, doji
[06:57
am] skydiver : thnx Mitch
[06:58 am]
doji : Stock Mike… only 300 shares
each way
[06:59 am] doji : and
papertrade in options
[06:59 am]
sman : STX
[07:00 am] joeytsa
: ES just made a lower high, watching
it
[07:03 am] doji : Doji in
STX
[07:03 am] joeytsa : nice call
sman
[07:04 am] joeytsa : ACAD came
back and stopped me out
[07:04 am]
joeytsa : will watch for another
setup
[07:04 am] mikewd2 -: where did you
get short shares joey?
[07:04 am]
doji : I am still in ACAD
Joey
[07:05 am] doji :
long
[07:05 am] joeytsa : nice, i
got 21c long
[07:05 am] joeytsa : ES
pulling back now
[07:05 am] doji :
second short in APPL working nicely
also
[07:05 am] joeytsa : guess that
lower high meant something
[07:06 am]
doji : have to leave, trailing open
positions in APPL (S) and ACAD (L)… se ya
later fellas
[07:06 am] joeytsa :
bye doji
[07:06 am] qwert : cya
doji
[07:06 am] skydiver : bye
doji
[07:07 am] joeytsa : both the
richmond # and the CB confidence # came in
higher
[07:09 am] apple : what a
whipsaw on the ES!
[07:10 am]
skydiver : yeah joey — I thought that
might have a positive influence on the market
– – – but
[07:10 am] joeytsa : yeah
sky, me too
[07:10 am] shark :
already built in from last weeks
rally
[07:10 am] skydiver : thnx
shark
[07:11 am] joeytsa : i heard
that black friday and cyber monday had
blowout #’s
[07:11 am] apple : hey
shark
[07:11 am] joeytsa : so either
people really do have more $, or prices were
really low
[07:11 am] skydiver :
good point joey
[07:12 am] khall : I
wonder how many of those purchases were on
credit vs cash…
[07:12 am] shark :
smart shoppers getting good deals at very low
prices, not so great for retail
[07:12 am]
joeytsa : thats why its better to just
react i guess and not spend too much time
overthinking things
[07:13 am]
joeytsa : thats what i think
shark
[07:13 am] shark :
yeah
[07:13 am] joeytsa : good point
khall, bills still have to get paid
🙂
[07:13 am] shark : respond -vs
react
[07:13 am] joeytsa : CREE in a
flag, 33.20-33.60 range
[07:14 am]
apple : thx joey
[07:16 am]
khall : CSTR a beautiful short – thanks
Mitch
[07:17 am] skydiver : nice
khall
[07:17 am] shark : nice
khall
[07:18 am] khall :
🙂
[07:19 am] apple : good one
khall
[07:20 am] reshef :
srpt
[07:20 am] reshef :
SRPT
[07:22 am] apple : thx
MK
[07:23 am] apple : nice on
WHR
[07:24 am] skydiver : PC slow
down market worse that first thougth –
affecting DELL HP STX and other companies
related to PC market
[07:24 am]
joeytsa : ES coming down to test
S1
[07:25 am] joeytsa : crude
testing $87.40 support
[07:29 am]
qwert : watching AKAM
[07:29 am]
joeytsa : yeah qwert, weak all
day
[07:29 am] khall : crude lost
support
[07:29 am] joeytsa : ACAD
might get to $6
[07:30 am] joeytsa :
looks a bit oversold though
[07:30 am]
joeytsa : overbought i mean
[07:30
am] khall : yep
[07:30 am]
khall : big down volume spike on 1 min
chart
[07:36 am] scalpman : L AKAM @
34.52
[07:37 am] mikewd2 -: ACAD needs to
push thru 6
[07:38 am] skydiver :
thnx Ed for MNST – s 47.35 – covered 3/4 46.
38
[07:39 am] Ed : nice sky
[07:39 am]
skydiver : 🙂
[07:39 am] khall
: great trade
[07:39 am] reshef :
IOC
[07:39 am] joeytsa : nice
trading sky
[07:39 am] skydiver :
thnx to Ed 🙂
[07:39 am] ticktrader
: great job sky
[07:39 am] joeytsa :
yeah, Ed gets props on a good call
🙂
[07:40 am] Ed : thx
[07:40 am]
scalpman : All out (sold) AKAM
L…small profit
[07:40 am] Ed : way to
squeeze it scalp
[07:41 am] shark :
nice joey, sky MNST
[07:41 am]
scalpman : Thanks Ed…
[07:43 am]
joeytsa : break time, nice
calls..see you all in a bit
[07:43 am]
apple : have fun joey
[07:43 am]
khall : later joey
[07:43 am]
joeytsa : ACAD still deosnt want
$6
[07:45 am] skydiver : SEED low
priced stock – speculation on possible bu;y
out
[07:46 am] skydiver : thnx for
reminder Ed on dangerous
[07:46 am] Ed :
no problem
[07:46 am] mikewd2 -:
DECK
[07:48 am] victor51 : Ed Thanks
EXXI long 30.30
[07:48 am] Ed : nice
trading vic
[07:49 am] ticktrader :
Great job Vic
[07:50 am] reshef :
NOW
[07:50 am] apple : nice one
victor
[07:50 am] skydiver : thnx
for great calls Mitch Ed and all — out of
time — 5 winning trades and one small
loss — 🙂 makes lots $$$
[07:51 am]
Ed : c ya sky
[07:51 am] skydiver :
thnx again Ed 🙂
[07:51 am] khall :
bye sky
[07:51 am] lisas : bye
sky
[07:51 am] victor51 : Bye
Sky
[07:52 am] apple : great job
sky!
[07:55 am] scalpman : S MNST @
47.73
[07:56 am] scalpman : Stopped
at small profit…on MNST ..strong
stock
[07:56 am] reshef :
CTXS
[07:57 am] sman :
RIMM
[07:58 am] reshef :
RMD
[08:05 am] reshef :
BSFT
[08:11 am] joeytsa : thx
Ed
[08:12 am] qwert : no shares for
short at lightspeed on DMND
[08:13 am]
reshef : RGR
[08:13 am]
joeytsa : i dont think lightspeed has
ever had DMND shorts
[08:13 am]
joeytsa : nice reshef
[08:13 am]
reshef : LNG
[08:13 am] sman :
YHOO
[08:15 am] qwert : thx
ED
[08:16 am] shark : watching
CROX
[08:16 am] eyes : Good Morning
Everyone did I miss anythig Great
[08:19
am] scalpman : Hi eyes…yeah we each
made a million!
[08:19 am] apple :
gm eyes
[08:19 am] scalpman : (in
our dreams)
[08:19 am] eyes :
cool
[08:19 am] joeytsa : im only at
$800k scalp 🙂
[08:19 am]
scalpman : ha
[08:20 am] apple
: joey, the day is still young!!!
[08:24
am] qwert : monitoring AVB
[08:25
am] joeytsa : watching EQR
[08:26
am] apple : nice parabolic on AVB qwert
5 min
[08:27 am] qwert : would love
to see another dollar apple
[08:27 am]
sman : AZPN
[08:28 am]
scalpman : EQR S @ 55.90
[08:35 am]
scalpman : EQR is taking its
time…
[08:36 am] scalpman : moving
stop to b.e. …and all out!
[08:36 am]
joeytsa : PENN spike
[08:36 am]
joeytsa : about 60cents
[08:36 am]
shark : SPY spike too
[08:40 am]
khall : crm moving up
[08:42 am]
sman : COST
[08:46 am] joeytsa
: ACAD just took a spike down
[08:47 am]
mikewd2 -: got an upgrade and dropped,
ACAD
[08:52 am] scalpman : Watching
EAT
[08:52 am] scalpman : Watching
EAT
[08:53 am] go4it : When the
spread between vwap and the price is great .
What does that mean?
[08:54 am]
shark : need more context or an
example, eyes
[08:54 am] apple : hey
go, how are you
[08:55 am] shark :
sorry, meant go4it
[08:55 am] go4it
: ie EQR vwap is 54.77
[08:56 am]
go4it : good Apple settling in to to
new home
[08:58 am] shark : go4it,
just means the stock is strong
[08:58 am]
Ed : Its lagging but if its rising it shows u
have uptrend and steady vol of
buyers
[08:58 am] go4it : ok thanks
Shark
[08:58 am] go4it : thanks
Ed
[08:58 am] Ed : no problem
[09:01
am] sman : VVUS
[09:04 am]
shark : SPY hod area
[09:05 am]
apple : LULU was good today
[09:06
am] shark : yeah, totally,
AAPL
[09:06 am] sman : P
[09:09
am] sman : WDAY
[09:09 am]
shark : ssss =sman’s stock spike seeker
🙂
[09:10 am] scalpman : Time to go
5/7 small profits…but green. See you
tomorrow.
[09:10 am] eyes : Ant
thoughts on WDAY
[09:11 am] scalpman
: Scalpman has left the building!
[09:11
am] ticktrader : MNST approaching
49
[09:13 am] eyes : No share at
TS
[09:15 am] apple : bye
scalp
[09:16 am] go4it : gb
scalp
[09:16 am] ticktrader : EYES-
I was able to short MNST @ TS
[09:17 am]
eyes : WDAY mike
[09:17 am]
eyes : tick sorry
[09:18 am]
qwert : got em at lightspeed
eyes
[09:23 am] qwert : Thx for WDAY
sman
[09:24 am] sman : VRSN turning
over slowly
[09:29 am] eyes : Wow
That was a nice one to bad no
shares
[09:32 am] apple : time for
some green juice, back in a bit
[09:37 am]
shark : mmmm….
[09:40 am] mikewd2
-: Monster Beverage mentioned positively at
Goldman
[09:40 am] apple : that’ll
do it, mike
[09:42 am] mikewd2 -: LULU new
hod
[09:48 am] mikewd2 -: AAPL
hod
[09:48 am] joeytsa : nice run on
AAPL there
[09:48 am] mikewd2 -: not
including premarket
[09:48 am] apple
: look at that monster go
[09:52 am]
ticktrader : MNST short could be
good
[09:53 am] eyes : anyone s
mnst
[09:54 am] go4it : yes
Eyes
[09:54 am] Ed : still
strong
[09:55 am] eyes : let us know
when it looks weak please
[09:56 am] Ed :
if ur not sure or cant tell, wait for lower
high
[09:58 am] lisas : so what did
they say, it cures cancer?
[10:00 am]
joeytsa : AVB hod, nice day for them so
far
[10:00 am] mikewd2 -: missed MNST at
53
[10:04 am] sman : UPL
[10:09
am] reshef : LULU
[10:12 am]
eyes : see you all later
[10:13 am]
qwert : bye eyes
[10:13 am] Ed : c
ya eyes, hey if u focus on action like price,
candles vol it gives u clues
[10:14 am]
shark : bye eyes
[10:14 am]
apple : bye eyes take care
[10:14
am] qwert : Ed where is your entry for
MNST short
[10:14 am] eyes : This is
my last day trading for three weeks taking
time off to get my head on strait Take care
everyone
[10:14 am] mikewd2 -: decent
short on MNST, missed the top
[10:14 am]
mikewd2 -: take care eyes
[10:14 am]
shark : eyes? are you reading some
books during your down time?
[10:15 am]
eyes : yes a few
[10:15 am]
shark : 🙂
[10:15 am] shark :
also….
[10:15 am] shark :
sometimes when intraday trends are
challenging
[10:15 am] shark : I
focus on some longer term, swing
trades
[10:15 am] qwert : eyes you
can call me if you want to talk
[10:16 am]
shark : clears my head up
sometimes
[10:16 am] Ed : 1/4 pos entry at
51.36 another 1/4 at 52.82 and final at
52.65
[10:16 am] Ed : pos=
position
[10:16 am] eyes : Ya i have
been at this for a few years now and still
dont get it so time off hopefully will
work
[10:17 am] Ed : thats fine, just
focus on trade u do get
[10:17 am]
lisas : Heading out, thanks
all!
[10:17 am] qwert : eyes i think
mitch is having the lightning webinar this
saturday
[10:17 am] shark : agreed,
Ed. figure out what works for your
prersonality
[10:17 am] apple :
sorry forgot to post bought a 675 GOOG call
earlier. up 2800
[10:18 am]
apple : bye lisa
[10:18 am]
apple : have fun
[10:18 am]
qwert : wow nice apple
[10:18 am]
shark : nice apple 🙂
[10:18 am]
eyes : I wont be here Good luck to
all
[10:18 am] apple : i’m getting
it!
[10:18 am] Ed : have safe
trip
[10:18 am] apple : you won’t be
at the webinar eyes on saturday
[10:18 am]
qwert : okay bye
[10:19 am] mikewd2
-: nice job apple
[10:19 am] apple :
and in one account i picked up the 595 Call
in AAPL
[10:20 am] shark :
😉
[10:20 am] qwert : way to go
apple :))
[10:20 am] joeytsa :
nice trading apple 🙂
[10:21 am]
apple : lunch is on me!
[10:21 am]
reshef : CLH
[10:21 am]
joeytsa : you say that now that i dont
eat expensive steaks haha
[10:21 am]
qwert : i will have a vertual wedge
salad please
[10:23 am] apple : how
about a fish? (sorry shark)
[10:23 am]
shark : lol
[10:23 am] joeytsa
: now im getting hungry..almost lunchtime
🙂
[10:23 am] apple : bean
burritos
[10:23 am] shark : mmmm..me
too
[10:24 am] shark : I’m going for
the steak burrito
[10:24 am] shark :
KORS testing R2
[10:24 am] apple :
ok, whatever you like
[10:24 am] mikewd2
-: CPHD
[10:24 am] apple : i like
fish tacos
[10:25 am] joeytsa : nice
mike
[10:26 am] go4it : $2 tacos on
tuesday here normally $5.99
[10:26 am]
go4it : fish tacos
[10:27 am]
joeytsa : just keep in mind that there
is always a reason when restaurants put up
“specials”
[10:27 am] shark : at the
tsa snack shop?
[10:27 am] apple :
haha joey. no specials for
me!
[10:27 am] apple : right
shark
[10:27 am] go4it : thanks for
killing my appetite Joey:)
[10:27 am]
joeytsa : lunchtime !!!! see you
soon
[10:28 am] joeytsa : sorry
bruce haha
[10:28 am] shark : can I
order those with free shipping,
guys?
[10:29 am] apple : sure for
you anything
[10:29 am] apple : have
fun joey
[10:29 am] go4it : Ed whats
your thoughts on MNST
[10:29 am]
shark : MNST -FDA investigation going
well
[10:30 am] mikewd2 -: needs to break
51 for my short
[10:30 am] apple :
TSLA moving
[10:30 am] shark : nice
mike
[10:30 am] Ed : agree with mike, but
no trade here if ur not already
short
[10:31 am] go4it : there you
go Mike
[10:31 am] mikewd2 -: yeah, just
covered 50.81
[10:32 am] go4it :
good job
[10:32 am] shark :
sweet
[10:33 am] apple :
nice
[10:36 am] Ed : nice trade
mike
[10:37 am] Ed : yea bruce on stocks
like MNST, if u do not get first short, wait
to see if hod is taken out if not see if puts
in lower high to put on short trade
[10:37
am] sman : SCHN
[10:39 am]
sman : SNDK
[10:41 am] apple :
good eyes sman – hope you have two
[10:41
am] shark : you going in alphabetical
order?
[10:41 am] mikewd2 -: Lexmark
targeting returning 50% of free cash flow to
share holders
[10:42 am] apple : thx
mike
[10:43 am] sman : VMW
[10:43
am] reshef : VMW
[10:44 am]
apple : it’s a tie
[10:44 am]
mikewd2 -: VMware to spin off assets into
EMC-owned subsidiary, GigaOM
reports
[10:45 am] shark : CROX new
hod
[10:48 am] mikewd2 -: Z
[10:48 am]
mikewd2 -: Zillow mentioned cautiously again
by Citron Research
[10:53 am] mikewd2 -:
SNDK)SanDisk says Q4 NAND flash price decline
to be lower than cost decline
[10:53 am]
mikewd2 -: sounds negative
[10:54 am]
doji : FSLR
[10:54 am] reshef
: MCK
[10:58 am] mikewd2 -: CMG
lod
[10:59 am] apple : nice doji
FSLR, hope you got that breakout
[10:59
am] shark : thx mike, CMG
[11:00 am]
doji : Nope, on a conference call right
now… just got the alert
[11:06 am]
sman : penn
[11:08 am] joeytsa
: lower vol ASPS up $3 past 30
minutes
[11:08 am] qwert : watching
LQDT
[11:09 am] reshef : Mitch, Do
we get message about the webiner in suterday,
what need to prepare for it?
[11:19 am]
reshef : saturday
[11:19 am]
reshef : LMT
[11:21 am] apple
: MK how long is the webinar on
Saturday?
[11:23 am] reshef : What
is 8 Pacific in BKK?
[11:23 am]
shark : what is BKK reshef?
[11:23
am] Mitch K: reshef, google that for time
conversion
[11:24 am] shark : you
can google 8am pacific time, reshef
[11:24
am] reshef : Ok
[11:24 am]
joeytsa : ES trying to hold
1400
[11:25 am] Mitch K: reshef, i have
1100pm local time Saturday night
[11:25
am] apple : MK how long is the webinar
on Saturday? need to make an
appointment.
[11:25 am] reshef : Do
I need to be connected to Ninja?
[11:25
am] joeytsa : 3-4 hours apple
[11:26
am] apple : that’s what i
figured. thx joey
[11:26 am]
joeytsa : its on the 11:22 post
above
[11:26 am] shark : you in
Bangkok, reshef?
[11:26 am] mikewd2 -:
drop in AAPL
[11:26 am] Mitch K: yes
reshef, download Ninja Trader latest version
and get a datafeed. you can use CGQ,
esignal, Kinetick others
[11:26 am]
apple : whole market
[11:27 am]
mikewd2 -: sky falling
[11:27 am]
reshef : Thanks
[11:27 am]
apple : ES just dropped 5 pts
[11:28
am] mikewd2 -: Senator Reid says ‘little
progress’ made recently in fiscal cliff
talks
[11:28 am] mikewd2 -: sorry Ed,
didn’t see you posted
[11:28 am] mikewd2
-: nice pop in VIX
[11:28 am] Ed : no
problem
[11:29 am] apple : raining
here, may get some snow
[11:29 am]
reshef : AAP
[11:30 am] shark
: Reid must be “short” the market,
mike
[11:30 am] apple : haha right
shark
[11:30 am] Mitch K: mike, get Reid
out of the way and we probably would make
progress
[11:30 am] joeytsa : not a
reid fan
[11:31 am] apple : he
wanted a pullback on AAPL to buy
[11:31
am] apple : lol
[11:31 am] mikewd2
-: I did too – haha
[11:31 am]
reshef : apple, I invite you to 30
degree
[11:32 am] joeytsa : ACAD
lod
[11:32 am] mikewd2 -: ACAD
[11:32
am] Ed : funny part is, he got the pullback
and went to aapl store to buy
[11:32 am]
joeytsa : haha
[11:32 am]
apple : an ipad
[11:32 am]
qwert : haha
[11:33 am] sman :
RIMM
[11:33 am] joeytsa : dont
forget to get your powerball
tickets
[11:33 am] joeytsa : half a
million at least 🙂
[11:33 am]
joeytsa : half billion i
meant
[11:34 am] apple : right, joey
– we will share
[11:35 am] joeytsa :
spread the wealth
[11:36 am] joeytsa
: my sister is getting me 10
tickets’
[11:36 am] joeytsa : FSLR
coming into $26
[11:38 am] qwert :
volume spike on AAP
[11:43 am] apple
: nice move up on ACAD
[11:46 am]
doji : Hi fellas, hope you capitalize
on FSLR drop…. I just watched the action
… busy here
[11:47 am] qwert : Thx
for LMT reshef
[11:47 am] murano :
DLTR
[11:48 am] joeytsa : watching
AZPN for bottom
[11:48 am] joeytsa :
nothing too exciting though
[11:51 am]
doji : Mitch, are you going to send a
link for the webinar on Lightening?
[11:51
am] apple : need to pick up
robert. be back in a bit.
[11:53 am]
qwert : bye apple
[11:55 am]
sman : YY
[11:55 am] mikewd2 -: MNST
back to 50.00
[12:04 pm] skydiver :
Just jumped on for a bit — seminar this
Saturday at 8am pst? I’ll be
there — do we need to notify TSA or … ???
thnx
[12:05 pm] skydiver : I guess
— how do we sign up is my
question?
[12:05 pm] sman :
FRAN
[12:05 pm] Ed : Im sure Mitch will
give us further details in next day or
2
[12:06 pm] skydiver : ok — thnx
Ed 🙂
[12:06 pm] Ed : no
problem
[12:06 pm] doji : Sky, Mitch
will send the password via smoke signals,
don’t worry
[12:07 pm] qwert :
BBY
[12:07 pm] joeytsa : nice move
on FSLR from taht last bottom
[12:08 pm]
joeytsa : wonder if another buyout
rumor on BBY
[12:08 pm] doji : Cyber
Monday Joey
[12:08 pm] mikewd2 -: don’t
see anything yet joey
[12:08 pm]
skydiver : thnx doji – good thing I’m
good at reading smoke signals 🙂
[12:08
pm] doji : hahahah
[12:09 pm]
joeytsa : ES coming into pp
res
[12:09 pm] doji : It will be
send in morse code via smoke
signals….hahaha
[12:09 pm]
skydiver : Ah – perfect — old ham
radio operator that I am — perfect
::)
[12:10 pm] joeytsa : unless
Mitch hits the powerball, then webinar is
cancelled and we get reruns of Ed dancing
🙂
[12:10 pm] skydiver : lol joey
🙂
[12:10 pm] doji : hahah
[12:10
pm] mikewd2 -: MNST bouncing a bit
[12:10
pm] Ed : booooo
[12:11 pm] doji :
Nice on MNST Mike… missed that
[12:11
pm] doji : BBY
[12:11 pm] doji
: double top
[12:12 pm] doji : wants
higehr?
[12:26 pm] murano : Thanks
doji
[12:26 pm] doji : It was
Qwert
[12:27 pm] qwert :
:))
[12:27 pm] murano : Thanks
qwert
[12:27 pm] skydiver : yes –
thnx qwert — 🙂
[12:30 pm] qwert :
NTI
[12:31 pm] skydiver : very nice
qwert indeed — thnx — watching
NTI
[12:32 pm] skydiver : thnx
Mitch
[12:33 pm] skydiver :
monitoring KORS again —
[12:33 pm]
skydiver : needs volume
[12:33 pm]
qwert : yeah to bad i missed NTI
but did get the BBY short :))
[12:33
pm] doji : Ok Sky, you are the master
on KORS, let’s know when you are in
[12:34
pm] skydiver : ok doji — I did well
with it this morning — let’s see how we do
🙂
[12:34 pm] skydiver : all out of
BBY short
[12:36 pm] skydiver :
couldn’t get any shorts for NTI — watching
for a bottom on it
[12:39 pm]
skydiver : monitoring CRM
[12:40 pm]
skydiver : I think Mitch may be correct
on no buying after the drops
[12:42 pm]
mikewd2 -: NTI L 20.4 out 21.10, got out a
bit early
[12:42 pm] skydiver : nice
Mike — I am still in NTI L, but may want out
now
[12:42 pm] mikewd2 -: MNST
moving
[12:43 pm] skydiver : all out
of NTI Long
[12:43 pm] mikewd2 -: out MNST
50.00 51.35
[12:45 pm] mikewd2 -: out ACAD
5.10 5.31
[12:45 pm] skydiver : nice
Mike
[12:46 pm] mikewd2 -: nice
sky
[12:47 pm] skydiver : went Long
on KORS 56.38
[12:48 pm] skydiver :
forgot to post earlier – but felt it was too
shakey
[12:48 pm] doji : hahah…
nice Sky
[12:49 pm] skydiver : all
out of KORS long 51.46
[12:49 pm]
joeytsa : well its at 51.47..hope you
had a stop loss 🙂
[12:49 pm] Ed : i
thnk sky is drinking today
[12:49 pm]
doji : Drunk trading?
[12:49 pm]
joeytsa : yeah, thats twice..but i have
had a few typos too…no more wine with lunch
for me
[12:49 pm] skydiver : I think
so — can’t type — sorry — I went Long KORS
51.38 🙂
[12:50 pm] skydiver :
that’s twice in one day!!!! boy — got
to cut out the strong coffee
[12:50 pm]
skydiver : maybe it’s Irish coffee
that’s doing it 🙂
[12:50 pm] doji :
Sorry… I went long on MNST at 45.56 and
forgot to post…… hahahaha
[12:50 pm]
joeytsa : haha
[12:51 pm]
skydiver : nice one doji —
🙂 old guys have memory problems
— not young ones 🙂
[12:51 pm]
joeytsa : today seemed much better than
yesterday for action at least
[12:51 pm]
doji : Just kidding you Sky… you know
we all love you
[12:52 pm] mikewd2 -: NTI
was nice, got to stay in longer
[12:52 pm]
skydiver : thnx doji — respect your
elders 🙂
[12:52 pm] doji : Ok
fellas… have to go… it’s already 6:52PM
and the traffic in Rio will kill
me…
[12:52 pm] doji : see ya
tomorrow….
[12:52 pm] joeytsa :
yeah doji, plus i think sky has an “in” with
God
[12:52 pm] joeytsa : bye
doji
[12:52 pm] doji : and Sky,,,
don;t forget KORS!
[12:52 pm]
skydiver : take care doji — see
you tomorrow — 🙂 yeah — God
and I chat a lot 🙂
[12:53 pm]
joeytsa : 🙂
[12:53 pm] doji :
hahahah
[12:53 pm] mikewd2 -: didn’t stay
in MNST near long enough, still moving
up
[12:54 pm] skydiver : but mike –
– – profit is profit — I’m hoping Lighning
will help me stay in longer as well
🙂
[12:54 pm] mikewd2 -: It
should
[12:55 pm] mikewd2 -: i jumped out
mainly watching the money and getting
late
[12:55 pm] joeytsa : yeah,
still no sell signal even on teh
1min
[12:55 pm] skydiver : I
understand Mike — yeah — time is
short
[12:55 pm] joeytsa : but smart
mike, dont want to get left holding the
bag
[12:55 pm] skydiver : exactly
joey
[12:56 pm] joeytsa : getting
close to sell signal though
[12:56 pm]
joeytsa : on 1min i mean
[12:56 pm]
mikewd2 -: UTEK
[12:56 pm] joeytsa :
thanks Mitch,Ed, traders..nice calls
today
[12:56 pm] joeytsa : see you
all tomorrow
[12:57 pm] skydiver :
see ya joey!! 🙂
[12:57 pm]
qwert : bye joey
[12:57 pm] Ed : c
ya joey
[12:58 pm] skydiver : Okay
— time is too short — see you all tomorrow
and thnx Mitch, Ed, and all of you great
traders == today was a good day 🙂
[12:59
pm] Ed : c ya sky
[12:59 pm]
skydiver : 🙂
[12:59 pm] qwert
: good night everybody
[01:00 pm]
qwert : gmcr
[01:01 pm]
joeytsa : GMCR earnings today
[01:02
pm] slackyhacky : mitch, are you still
here? can I ask a question or
two?
[01:03 pm] joeytsa : are you
new slackyhacky? if so, welcome to the
room
[01:03 pm] slackyhacky :
yep
[01:03 pm] slackyhacky : very
new
[01:03 pm] slackyhacky : doing
the week trial
[01:03 pm] joeytsa :
its a good room
[01:05 pm]
slackyhacky : joey…can I ask you a
few question about it?
[01:05 pm]
joeytsa : sure
[01:06 pm]
slackyhacky : is there a way to see
what positions Ed or Mitch have during the
day?
[01:06 pm] slackyhacky : They
make great suggestions, but never seem to
commit
[01:07 pm] joeytsa : for the
most part, both give ideas..sometimes you
will see an entry price, targets
[01:07
pm] slackyhacky : however, when you
look at the daily stock report, they say what
positions they have
[01:07 pm]
slackyhacky : I see.
[01:07 pm]
joeytsa : but the rest is up to the
individual trader..but thats the same when
anyone in the room makes a call
[01:07 pm]
joeytsa : the dsr report is more for
holds..swings/intermediate
positions
[01:08 pm] joeytsa : the
room calls are mainly intraday/scalp
trades…
[01:08 pm] slackyhacky :
okay. but they report positions on that
report.
[01:08 pm] joeytsa : every
now and then someone will say its for a swing
though
[01:08 pm] slackyhacky :
gotcha
[01:08 pm] slackyhacky :
thanks.
[01:08 pm] joeytsa :
sometimes Mitch will yes
[01:09 pm]
joeytsa : sometimes an exit call comes
via email
[01:09 pm] joeytsa : but
for daytrades, there are usually really good
calls
[01:09 pm] joeytsa : but even
good calls can fail
[01:10 pm]
slackyhacky : as a newbie, it would
help to see when some of the entry points on
the daily stock report actually
happened
[01:10 pm] joeytsa : Mitch
puts the entry price, dont think the
date/time is there though
[01:11 pm]
joeytsa : i dont swing trade at the
moment
[01:11 pm] slackyhacky : He
does put the entry
[01:11 pm]
slackyhacky : but without a time stamp,
or a heads up – that’s pretty useless
info
[01:12 pm] slackyhacky : i
think the scalps in this room are very
helpful
[01:13 pm] joeytsa : just
coming into looking at those, its hard
without the timestamp..but once you read it
everyday you see when new stocks get added,
targets or stops hit
[01:13 pm]
joeytsa : you can also pull up charts
and kind of figure out when the
entryhappened
[01:17 pm] joeytsa :
gotta run slacky, best time to ask
questions is around the 9am pdt timeframe
when things slow down. The first 30-60
minutes can be hectic
[01:17 pm]
slackyhacky : okay. thanks
[01:42
pm] qwert : ive been watching it
mitch
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