[06:06 am] Ed : good morning
Traders/1/2011
[06:09 am] Ed : better
[06:09 am] Ed : test
[06:19 am] Brent : guten Morgen
Aktienhändler[06:22 am] Brent : Dobry
poranni giełdowi handlarze[06:22 am] Brent :
you want polish anthony?
[06:22 am] Kris : but it’s a cruel love
[06:22 am] Kris : good morning to those
speaking english today
[06:22 am] Kris : or what mitch calls
engrish[06:22 am] Mitch K: Kris was abused as
a child
[06:22 am] Mitch K: you are cruel Kris
[06:23 am] Kris : BRCM, DV, AGO, GIL, LULU
and KSS for shorts.
[06:23 am] Kris : Today I’m watching ETR,
AWK, COST, MAT and TSPT for possible
longs.
[06:27 am] Kris : Ed should be pink
[06:27 am] Kris : newbs=pink
[06:30 am] Kris : AMZN long half
[06:31 am] Kris : LVS long half
[06:31 am] Kris : WAG long half
[06:32 am] Kris : RIMM short half
[06:33 am] Mitch K: looking for bounce in
LULU
[06:34 am] Kris : looking for a short in LULU
under 41.67
[06:35 am] Kris : ROST long half
[06:35 am] Kris : TEVA long half
[06:37 am] Kris : waiting on my second half
AMZN long soon
[06:38 am] Mitch K: considering short on SINA
here
[06:39 am] Kris : KSS short half
[06:39 am] Mitch K: scaling on LULU is such
that it doesnt look like big bounce but
already over $1.50/sh or 3.3%
[06:39 am] Mitch K: watching TJX for short
soon
[06:41 am] Kris : PANL long half
[06:41 am] Mitch K: consider selling LULU
[06:42 am] Mitch K: watching GRPN for short
scalp, let it run
[06:43 am] Kris : SPY new hod[06:45 am] Kris
: out half AMZN long
[06:45 am] Mitch K: watching BKS for
bottom
[06:46 am] Kris : out another 1/4 AMZN
long
[06:47 am] Kris : out half ROST long
[06:47 am] Mitch K: BKS bouncing
[06:47 am] Mitch K: watching MCP for top to
short
[06:48 am] Mitch K: be cautious with UAL,
short not great idea, benefiting from AMR
American AIrlines bankruptcy filing
[06:48 am] Mitch K: consider covering some
SINA if short
[06:49 am] Kris : ARUN short half
[06:49 am] Kris : still in KSS short, waiting
to add second half here in a few minutes.
[06:50 am] Kris : SPY coming into
resistance
[06:50 am] Mitch K: try to sell BKS 15.50+
[06:51 am] Kris : I am starting to look for
weak stocks that lagged this move.
[06:52 am] Kris : looking for new hod in
LVS
[06:52 am] Kris : out half WAG long
[06:53 am] Kris : watching for a long in
SPXU
[06:53 am] Mitch K: watching STON for bottom,
would like higher vol[06:54 am] Mitch K: 2nd
helping short on MCP
[06:55 am] Mitch K: BKS still strong
[06:55 am] Mitch K: watching TIBX for short
on top of bounce; let it peak first
[06:57 am] Mitch K: monitor FMCN
[06:58 am] Kris : PANL consolidation under
hod, looking for a breakout to new highs.
[07:00 am] Kris : SPY turning over
[07:02 am] Kris : buyers came back strong
[07:03 am] Kris : watching RIMM for another
short
[07:04 am] Ed : AAPL getting toppy
[07:05 am] Kris : out another 1/4 WAG long
[07:05 am] Mitch K: 2nd helping short in DMND
soon
[07:05 am] Mitch K: market indexes high of
day
[07:05 am] Mitch K: when stocks make new
highs that you are short like MCP or SINA,
you want to have some stop above that new
high, keeps you from losing big on a runner.
although most stocks wont run against you
much if you have good signal
[07:06 am] Kris : RIMM looking juicy
[07:07 am] Mitch K: if you have a lot of
tight stops, you will likely just lose money
unnecessarily on them
[07:07 am] Mitch K: interested in EDU
short
[07:08 am] Kris : who wants a brownberry for
christmas?
[07:09 am] Mitch K: TJX turning over
[07:17 am] Mitch K: consider reducing TJX if
short
[07:18 am] Mitch K: watching MNTA for
short
[07:19 am] Mitch K: projector stopped
working; rely on your own charts as always
[07:21 am] Kris : out half KSS short
[07:28 am] Mitch K: consider covering half of
your short of MNTA
[07:33 am] Mitch K: consider covering MNTA
short
[07:33 am] Mitch K: if anyone short TIBX,
consider covering half; see if goes to new
low for other half
[07:36 am] Mitch K: watching LEA
[07:45 am] Mitch K: watching WHR
[07:54 am] Mitch K: Research in Motion calls
active on renewed takeover chatter
[07:54 am] Mitch K: that accounts for the pop
up this morning
[07:55 am] Mitch K: Rumor: Focus Media active
on renewed LBO chatter, FMCN
[07:56 am] Mitch K: remember that FMCN was
hit by Muddy Waters
[07:57 am] Mitch K: Muddy Waters’ Block:
We’re not saying Focus Media a complete
fraud, we are saying that Focus Media has
done fraudulent things. THis was from
Tuesday
[08:03 am] Kris : DAN weak bounce. watch for
a breakdown to new lod.
[08:03 am] Mitch K: STON had no bounce on
first dump
[08:03 am] Mitch K: STON taking another
dump
[08:05 am] Mitch K: anyone take that LEA
longf[08:14 am] Ed : watching BKS
[08:17 am] Brent : good one Eddie Money
[08:17 am] Ed : consider reducing BKS if
long
[08:18 am] Ed : profits
[08:18 am] Ed : reduce more and look to
proctect[08:18 am] Ed : thank you
[08:21 am] Ed : dont get greedy with BKS
[08:21 am] Mitch K: but Greed is Good
[08:22 am] Ed : Ok Mr. Gecko
[08:22 am] Mitch K: i think so jsn[08:22 am]
Mitch K: its good because those who are
greedy give money to those who are not
[08:23 am] Ed : anyone still long BKS
[08:23 am] Mitch K: interesting to look at
STON daily chart, $29 yesterday morning, $20
today
[08:24 am] Ed : I would look to reduce more
here on BKS
[08:30 am] Ed : moving stop last 1/4 BKS to
14.71
[08:31 am] Ed : 13.71
[08:31 am] Ed : entry was 13.41
[08:38 am] Ed : moving stop to 13.81 last
1/4
[08:50 am] Kris : short ULTA half position
[09:22 am] Ed : TXI alert
[09:23 am] Kris : no doji, I stopped out
[09:40 am] Mitch K: watch for bottom in
TXI
[09:42 am] Mitch K: wait for that stochastics
to stop pointing down, i thas to go level and
then tick up a little before buying long
[09:51 am] Ed : anyone still long BKS?
[10:00 am] Brent : SPY testing lod[10:05 am]
Brent : watching HOLX for a bounce
[10:08 am] Mitch K: the bounce is clearly too
weak in TXI, look at how little it bounced
yet the indicators have done a full cycle to
the top of the channel
[10:09 am] Kris : HOLX nice one bert!
[10:43 am] Kris : Tebow needs to kick a game
winning field goal
[10:44 am] Kris : show he can score with his
foot and his leg. we know he can’t score
with his arm.
[10:45 am] Kris : score in bunches
[10:48 am] Ed : be back in 20 min
[11:12 am] Ed : im back
[11:12 am] Mitch K: short idea here
[11:13 am] Mitch K: not huge potential
profit, less than 1%
[11:13 am] Mitch K: on LVS
[11:25 am] Mitch K: look at that TXI short
from 35.84 high to now 27.59
[11:29 am] Ed : graet call from this am Mitch
in LULU new hod[11:38 am] Brent : SPY at
trendline resistance
[11:48 am] Mitch K: new low on LKQX, rusty
special
[11:49 am] Mitch K: in TXI
[11:49 am] Mitch K: this last little rise was
almost 4% profit
[11:53 am] Mitch K: there is a sell signal in
TXI
[11:54 am] Mitch K: on 2 min chart
[12:16 pm] Mitch K: so last one was a long
scalp, these are all big numbers 2-3%
scalps
[12:16 pm] Mitch K: when you see a big mover
like TXI, remember they keep giving more and
more ideas
[12:16 pm] Mitch K: so last one was a long
scalp, these are all big numbers 2-3%
scalps
[01:00 pm] Brent : Have a great night, see
you in the morning. Good work Eddie Money
[01:00 pm] Ed : have a great evening and see
everyone in the am
[01:00 pm] Ed : thank you Brent
|
[06:03 am] joeytsa : unemployment claims up
402k with 390k forecast
[06:03 am] joeytsa : ISM comes out at 7am
pst[06:05 am] joeytsa : China’s PMI lowest
since march ’09
[06:06 am] joeytsa : hi Ed, new name and
new color nice
[06:07 am] Ed : formerly candelas
[06:10 am] joeytsa : gap down :
IBM,LULU,GIL,AMZN
[06:10 am] joeytsa : and TGT down
[06:10 am] doji : Hey Candy, you move with
the pros now… great
[06:11 am] joeytsa : Ed earned his color
because he is a good trader…good job
[06:11 am] Ed : thx guys
[06:12 am] joeytsa : gapup:
LTD,GMCR,DMND?
[06:14 am] anthonyb : GAP UP LAVA
[06:15 am] anthonyb : TSPT
[06:16 am] joeytsa : anothony, LAVA is being
bought
[06:17 am] joeytsa : TSPT up on agreement to
develop and commercialize
Intermezzo..whatever that is
[06:18 am] doji : LULU dropping hard
[06:18 am] joeytsa : yeah doji…new revenue
was up 31%, but missed ws estimate
[06:19 am] doji : Betting on the rebound
depending how the SPY moves
[06:19 am] doji : Buenos Dias Brent
[06:20 am] doji : Bon Jour
[06:20 am] anthonyb : I’ll start speaking
Polish
[06:24 am] rusty : gm CLWR radar
[06:24 am] rusty : Sprint Offers Clearwire
Up to $1.6 Billion in Conditional Aggregate
Revenues and Funding
[06:28 am] joeytsa : TGT trying to move
up
[06:31 am] shark : watching LULU
[06:34 am] joeytsa : SINA trying to close
gap
[06:34 am] rusty : SOHU hod[06:34 am]
joeytsa : GOOG running, over 600
[06:40 am] joeytsa : CLF looking strong
[06:42 am] joeytsa : trail CLF up
[06:42 am] joeytsa : look for a top
though
[06:42 am] lightning : GRPN on fire
[06:42 am] shark : GOOG strong
[06:45 am] doji : Stopped KSS
[06:46 am] rusty : MBI worth watching based
on daily chart – huge volume yesterday
[06:46 am] joeytsa : OPEN trying to run
[06:46 am] eyes : FMCN take over ch[06:47
am] skydiver : FMCN – take over chatter
[06:47 am] garyb : in BKS..tight stop
[06:47 am] rusty : DMND hod…some
daytrading site is touting it long
[06:47 am] joeytsa : taking profits on
CLF
[06:48 am] garyb : BKS L 15.13
[06:48 am] doji : Missed MBI
[06:48 am] doji : Still in KSS Kris?
[06:49 am] joeytsa : AMZN nice off that
slight gap down
[06:51 am] garyb : BKS .45 profit…..a
great start! 🙂
[06:51 am] doji : Like KSS
[06:51 am] joeytsa : yeah..that’s a good
“half” time gary 🙂
[06:51 am] truck : AMZN
[06:52 am] sfarrill : STON
[06:52 am] rusty : TSPT bouncing
[06:52 am] joeytsa : good one sfarrill[06:52
am] rusty : I like TSPT as a longer term
short into strength….if it runs some
more
[06:53 am] rusty : TSPT drug is really
nothing new…just a low dose of Ambien
[06:54 am] joeytsa : DMND had troubles at
R2
[06:54 am] joeytsa : just something to watch
later
[06:54 am] doji : Let me know when your add
your second 1/2 in KSS Kris
[06:54 am] rusty : FMCN hod[06:54 am] shark
: LULU testing hod[06:55 am] rusty : looks
like muddy waters might have to go on CNBC
again
[06:55 am] joeytsa : CLF still strong
[06:56 am] garyb : SPXU starting to look
good
[06:56 am] joeytsa : NFLX holding its own
[06:57 am] rusty : NTAP radar
[06:58 am] joeytsa : taking some more
profits on CLF
[06:58 am] garyb : possible bottom in
STON
[06:59 am] joeytsa : CF also looking good
[06:59 am] apple : CF very nice
[07:00 am] joeytsa : yeah apple, since cross
$141 its followed the 5ma
[07:00 am] joeytsa : might get toppy, if i
short i will try to time t with market
weakness
[07:01 am] shark : AAPL holding strong
[07:01 am] joeytsa : same with CLF, but i
use caution on strong acting stocks
[07:02 am] joeytsa : you’re telling me
kris…nice to see
[07:03 am] joeytsa : ES crossed about 1250
for a second
[07:03 am] doji : Kris have you added to
KSS?
[07:03 am] doji : Short?
[07:03 am] joeytsa : ES made a perfect
bounce off the darvis box at 1245.50
[07:04 am] apple : hey, joey, DLTR trending
nicely the past several days…
[07:04 am] doji : FSLR
[07:04 am] joeytsa : sure has
[07:05 am] apple : i didn’t buy it,
tho[07:05 am] joeytsa : slightly higher high
briefly on the ES
[07:06 am] skydiver : RIMM – take over
chatter continues
[07:06 am] joeytsa : COST having a good
day
[07:07 am] joeytsa : apple: on DLTR also
ready for a new 52wk high
[07:08 am] doji : DMND deal with PG pending
to be completed
[07:08 am] anthonyb : don’t jinx it joey.
I’m long COST 85.87
[07:08 am] joeytsa : ISM came in at 52.7,
with 51.6 forecast
[07:09 am] joeytsa : construction spending
.8% with .4% forecast
[07:10 am] skydiver : RIMM still climbing
[07:10 am] neel : RIMM
[07:10 am] joeytsa : anthony are you
swinging COST or trading it ?
[07:10 am] storage : LULU run out of gas
?
[07:10 am] lightning : S 1/2 FSLR
[07:11 am] apple : MNTA moving
[07:11 am] doji : RIMM Takeover Chatter
[07:11 am] lightning : stopped FSLR short
[07:11 am] joeytsa : Mitch, nice call on
TJX
[07:14 am] apple : SOHU hod[07:14 am]
anthonyb : Joey, I’m daytrading it. Out
already COST
[07:14 am] skydiver : S RIMM 18.51
[07:14 am] joeytsa : good call anthony[07:15
am] anthonyb : it was a breakout trade.
Learned it from the webinar
[07:15 am] rusty : RIMM radar…sorry a
little late on the alert
[07:15 am] rusty : RIMM moved up
fast….must be some news
[07:16 am] rusty : RIMM in strategic talks
with MSFT
[07:17 am] anthonyb : RIMM announces that
the fecal matter present on your brownberry
blends perfectly with the color. Hence the
stock jumps up.
[07:19 am] rusty : NTAP
[07:20 am] rusty : radar
[07:22 am] apple : DNDN hod[07:23 am] shark
: GOOG ready to top?
[07:23 am] joeytsa : AMZN taking a
breather
[07:24 am] rusty : FMCN worth
watching…Muddy Waters supposedly going on
Bloomberg – haven’t confirmed this myself
[07:24 am] joeytsa : on AMZN, a break above
hod might give off about $1.50
[07:24 am] apple : DMND still moving
[07:25 am] shark : vol tapering on many
stocks
[07:25 am] shark : not many sellers coming
in
[07:26 am] shark : LULU on CNBC
[07:26 am] joeytsa : DMND, once it broke
thru R2 with some vol, nice 50cents
[07:27 am] garyb : Quick question….I
missed what is happening…..is Ed a new
member to the TSA team?
[07:27 am] apple : yes
[07:28 am] rusty : Muddy Waters supposedly
10:40 AM Bloomberg….keep eyes open
[07:28 am] doji : All out KSS thanks
Kris!
[07:28 am] doji : $1.02/share, being more
patient now, my strategy for 2012
[07:29 am] anthonyb : SO breakout
[07:29 am] doji : Thanks Joey, what a big
difference in profits
[07:30 am] garyb : Hi Mike…are you still
in TNA now with some shares?
[07:30 am] mikewd2 -: yeah, still have 4k
shares – sold 4k yesterday
[07:30 am] mikewd2 -: you?
[07:31 am] garyb : Yes……full on in TNA!
Looks good…waiting for $50 in
December…my target
[07:31 am] mikewd2 -: i put a stop at 42 good
until cancelled – but my average is below
36
[07:31 am] rusty : FFIV near lod[07:31 am]
garyb : what did you start with? 50K shares
of TNA? lol[07:31 am] mikewd2 -: 8k
[07:32 am] shark : AAPL turning
[07:32 am] garyb : nice
[07:32 am] joeytsa : gary, 50 might be
reasonable target..esp if the good news keeps
coming
[07:32 am] mikewd2 -: was way too heavy,
scared to death
[07:32 am] apple : but then, you never
know…
[07:32 am] garyb : Yes…..it hit 50 or 51
before…so I am holding tight…I am
confident it will go up IMO
[07:32 am] garyb : yeh that’s a lot Mike
[07:32 am] mikewd2 -: i need it to cancel the
big lost on TZA in october[07:33 am] apple :
last time it hit 50 was nov 8
[07:33 am] rusty : RL hod[07:33 am] joeytsa
: esp if QE3 gets announced
[07:34 am] lightning : ZIP zipping down
[07:35 am] garyb : Yeh…TNA may drop here a
little on a pullback….but for me it’s a
swing so I don’t worry too much unless there
is another doomsday month like August
[07:35 am] lightning : LEA dropping
[07:35 am] michael : DAN alert
[07:36 am] rusty : FFIV lod….one of the
highest beta Naz stocks
[07:39 am] garyb : in DAN with a tight
stop…L 12.07
[07:39 am] michael : sorry, looks like DAN
volume hit the skids
[07:39 am] anthonyb : gotcha
[07:40 am] doji : Watching LVS
[07:41 am] shark : GOOG toppy w/volume
[07:41 am] garyb : watching TNA for a
daytrade[07:42 am] mikewd2 -: me too
garyb[07:43 am] garyb : looks like it wants
to bounce here
[07:43 am] apple : i am watching it on the
3min
[07:44 am] lisas : rimm was tough to hold,
but working out now
[07:45 am] mikewd2 -: TNA L 43.93
[07:45 am] apple : good for you lisa[07:45
am] garyb : TNA 44.09 L
[07:46 am] garyb : stop 45.89
[07:47 am] anthonyb : 45.89?
[07:47 am] mikewd2 -: you mean target?
[07:47 am] doji : His stop is 43.89
[07:47 am] apple : we understand
[07:47 am] apple : INHX hod[07:48 am] doji
: He is paying 100% of his attention to his
5,000 shares of TNA
[07:48 am] garyb :
sorry….yes…43.89….switching screens
here like a wild baboon!
[07:48 am] rusty : CAGC radar
[07:48 am] doji : SPY at support
trendline[07:49 am] doji : I like WHR at
48
[07:51 am] rusty : CAGC very low volume
[07:51 am] garyb : i got in WHR but stopped
out….too soon
[07:51 am] rusty : but huge move
[07:51 am] rusty : so worth watching
[07:51 am] victor51 : Mitch, Thanks on TIBX
and MNTA
[07:51 am] garyb : yes…still watching to
get back in WHR
[07:52 am] garyb : WHR L 48.59
[07:53 am] doji : MBI was a nice short,
thanks to whoever remind us
[07:53 am] garyb : WHR on the move..sweet
Louise!
[07:54 am] mikewd2 -: or head fake?
[07:54 am] rusty : S hold
[07:54 am] garyb : mmmm maybe..been there
before
[07:55 am] doji : LEA moving
[07:56 am] doji : FSLR
[07:56 am] doji : at support
[07:56 am] skydiver : Microsoft just said it
is not interested in RIMM
[07:57 am] garyb : nice one Doji…watching
too
[07:57 am] doji : FSLR heading to lod[07:57
am] skydiver : that’s according to Nomura’s
opinion however
[07:57 am] jsn13 : BKS?
[07:58 am] garyb : WHR still looking good
[08:00 am] doji : FSLR L
[08:00 am] Ed : will pass BKS, could bounce
due to support but would like more selling
[08:00 am] observer : thx, MK LEA
[08:01 am] lightning : I’d like to see a
faster move and more volume on WHR…seems
stuck
[08:01 am] jsn13 : I’m actually look got a
bounce in BKS…
[08:02 am] apple : STON
[08:03 am] garyb : STON looks sick…I might
stay away
[08:05 am] michael : PFG large move down on
volume but weird candle
[08:06 am] observer : yes, MK a fairly easy
.19 pts[08:07 am] garyb : Not mitch..went
for WHR though…still holding up
[08:07 am] hobart : Yes L LEA 40.45
[08:07 am] hobart : Now out 40.90
[08:08 am] lisas : I took it for a quick
profit ed[08:09 am] doji : STON and BKS
still dropping
[08:10 am] observer : michael, DAN seems to
have turned up nicely, nice call
[08:10 am] anthonyb : guys I’m done. see you
tomorrow
[08:10 am] Ed : take care anthony[08:10 am]
lightning : oil back under $100
[08:11 am] Brent : see you tomorrow anthony
have a great night
[08:11 am] michael : glad it worked out
Observer, not looking good here though
[08:11 am] shark : SPY – DIA new lod[08:12
am] doji : SPY approaching lod[08:12 am]
mikewd2 -: CLF
[08:12 am] shark : thx, doji -correction on
SPY
[08:13 am] shark : DIA already at lod[08:13
am] shark : ok, now SPY at lod[08:13 am]
doji : Your input is BKS Ed?
[08:15 am] observer : I agree, michael
[08:15 am] doji : SPY needs to hold
[08:16 am] rusty : ZIP not perfect setup but
radar
[08:18 am] skydiver : Nice call ED
[08:18 am] doji : SPY dropping
[08:19 am] mikewd2 -: adding to TNA day trade
stop below lod[08:21 am] doji : RIMM
[08:22 am] doji : Yes Gecko
[08:22 am] jsn13 : would u apply the bigger
the drop, the bigger the bounce analogy here
for BKS?
[08:23 am] scalpman : Yes LONG BKS
[08:24 am] scalpman : All out BKS
[08:24 am] garyb : in WHR again
[08:24 am] Ed : nice scalp
[08:25 am] doji : All out BKS, thanks Ed!
[08:28 am] rusty : FMCN hod… Muddy waters
going long?
[08:30 am] doji : SPY lod[08:30 am] scalpman
: AAPL Dropping
[08:31 am] michael : FAS and FAZ moving
[08:31 am] mikewd2 -: 13.71 would make more
sense?
[08:31 am] jsn13 : May i know ur entry price
for BKS?
[08:31 am] garyb : WHR might move soon…
Anyone in?
[08:32 am] jsn13 : Do u use 1 min chart or
ticks chart?
[08:32 am] lightning : gary, I’ve been in
WHR for a while, avg entry 48.65.
[08:32 am] Ed : I use 1 min
[08:33 am] michael : FAS trying to bounce
[08:33 am] garyb : yeh lightning….it’s not
a fast mover…trying to be patient…48.56
average on WHR
[08:33 am] jsn13 : and u use limit order to
buy at 13.41 and bought at 8.15?
[08:34 am] apple : FMCN hod[08:34 am] Ed :
yes, normally it would have been on the 11:14
candle,
[08:34 am] garyb : lightning…looks like we
are moving in it now!
[08:35 am] lightning : gary, it’s held up
well in the downtrend, so when the market
moves up (like now) it should do ok
[08:35 am] Ed : but wanted to be sure of
turnaround since it has been weak most of the
day
[08:35 am] scalpman : MCP look ready for a
move up!
[08:35 am] jsn13 : what kind of indication
convinced u?
[08:35 am] scalpman : Support at 33
[08:36 am] Ed : i pay attention to
vol/support/ and also read candles
[08:36 am] doji : The highest volume was at
11:14 at the first green up candle also
[08:36 am] mikewd2 -: MCP, VALE, FCX all
looking the same on the charts
[08:38 am] doji : It’s the dreamed V pattern
in BKS
[08:38 am] hobart : Ed, that was fantastic!
Took .70 out of BKS
[08:38 am] Ed : great job hobart[08:39 am]
doji : Watching DMND
[08:40 am] lightning : out 1/2 WHR
[08:41 am] apple : nice, light
[08:41 am] neel : Mitch, Does big brokerages
house are allow to trade their own stock, e.g
like GS, MS ?
[08:45 am] lightning : neel, brushing off my
old Series 7 stuff: They cannot trade their
own stocks like other stocks. They can
announce share re-purchase programs but they
can’t scalp or swing trade their own
stocks.
[08:45 am] lightning : neel, they can trade
their competitors stocks all they want.
[08:47 am] jsn13 : would it be advisable to
use ticks chart to decide the entry for BKS
juz now 13.5 area?
[08:49 am] garyb : lightning do you still
have WHR…I do..looks great
[08:50 am] lightning : still holding some,
tough I’m out if it drops below the 200MA
[08:50 am] doji : DMND moving at turtle’s
pace
[08:50 am] victor51 : Ed, BKS was sweet.
Thanks
[08:51 am] garyb : WHR on a tear!
[08:51 am] Ed : nice going victor
[08:52 am] scalpman : MCP moving
[08:52 am] michael : BIDU been
consolidating, could move up on new hod[08:56
am] lightning : all out WHR here
[08:56 am] joeytsa : crude under $100 off of
the nat gas #…
[08:56 am] Mitch K: nice job lightning on
WHR
[08:57 am] lightning : thanks
[08:57 am] joeytsa : came in at -1B with 11B
forecast
[08:58 am] lightning : FIO making a nice
move down
[08:58 am] rusty : Massachusetts to sue 5
major banks, including Bank of America, and
JPMorgan Chase & Co over
foreclosures
[09:00 am] shark : AMZN new hod[09:00 am]
joeytsa : Merkel tells paper that Euro-bonds
are the wrong solution and harmful at this
stage
[09:00 am] shark : better to have the wrong
solution than no solution?
[09:01 am] lightning : Merkel, aka Mother
Euro
[09:01 am] joeytsa : not sure
[09:01 am] mikewd2 -: FIO a bit late
[09:01 am] shark : I haven’t heard her
propose anything better.
[09:02 am] joeytsa : she said they need to
address the cause of the situation
[09:02 am] shark : FIO looks like yesterdays
NFLX chart
[09:02 am] doji : Yes Mike, FIO rebounded
from S2
[09:02 am] shark : yeah, they took on some
lousy countries and then didn’t kick them out
when they failed to follow the rules
[09:02 am] mikewd2 -: there she goes
[09:03 am] joeytsa : Iran will attack
Turkey, if US or Israel target their nuclear
program
[09:03 am] joeytsa : NATO base in turkey
[09:03 am] shark : FIO near 50day ma
[09:03 am] joeytsa : AMZN having a hard time
getting to 198
[09:04 am] mikewd2 -: FIO L 30
[09:04 am] shark : AMZN filled the gap down
from 8 days ago
[09:05 am] shark : close to the 200day for
resistance
[09:05 am] joeytsa : good point
[09:05 am] lightning : nice one Mike
[09:08 am] shark : CNBC Patty Edwards
-yesterday was staving off a Lehman type
thing – no definitive plan, we are not done
with down moves
[09:09 am] joeytsa : there goes AMZN over
198
[09:09 am] shark : finding any good weeklys,
joey?
[09:10 am] joeytsa : honestly haven’t even
looked
[09:10 am] shark : AMZN sat on R1 all
morning, held well, now up to poss R2 area
[09:11 am] joeytsa : yeah, i wrote earlier
that if it crossed 197 with some conviction
it had a nice profit potential
[09:11 am] joeytsa : crossed over 197 but
had a big pullback
[09:12 am] shark : yeah!
[09:13 am] joeytsa : but it pulled right
back to R1..important level to watch
[09:13 am] shark : agreed
[09:13 am] joeytsa : the $195.45 area
[09:14 am] joeytsa : i have been seeing s/r
so much clearer since adding darvis to my
futures charts and pivots to my stock
charts
[09:15 am] shark : pivots good, yes.
[09:15 am] shark : what futures chart
service do you use?
[09:15 am] joeytsa : i use ninjatrader[09:16
am] doji : Me too Joey, thanks for the
e-mail on the Pivot from Lightspeed[09:16 am]
shark : what’s the Darvis parameters for
futures?
[09:16 am] joeytsa : the way my charts are
set up…i can’t see the pivots too well, so
i only use darvis and a few other things for
futures
[09:16 am] doji : AMZN rebounding from R1
[09:16 am] joeytsa : i have no idea, i just
turned them on haha[09:17 am] mikewd2 -: out
FIO 2%
[09:17 am] shark : AWESOME, mikewd2!
[09:17 am] joeytsa : no prob doji..they have
a few really good free videos..watched 2 of
them yesterday actually
[09:17 am] joeytsa : nice going mike
[09:17 am] rusty : WSJ: Google Talking To
Major Retailers, Shippers On Delivery
Initiative
[09:17 am] doji : Which one you recommend
Joey?
[09:18 am] joeytsa : honestly, read the
description and watch the ones that interest
you
[09:18 am] joeytsa : AMZN really failed
[09:18 am] shark : hit 200 min ma AMZN
[09:19 am] joeytsa : i watched the ‘trading
economic numbers” last night
[09:19 am] doji : Still in ULTA short
Kris?
[09:19 am] joeytsa : and also the “traders
edge” one
[09:19 am] mikewd2 -: ED, just talked to
Ilan, seemed like a nice guy. Looking forward
to tradestation.
[09:20 am] Ed : he really is mike
[09:20 am] joeytsa : TXI quick spike up
[09:20 am] mikewd2 -: i told him you
recommended tradesation.
[09:20 am] mikewd2 -: i get 60 free trades
[09:21 am] Ed : cool
[09:21 am] joeytsa : watch TXI for a top
[09:22 am] Ed : thx joey
[09:22 am] shark : Amazon.com pulls back in
recent trade; pullback attributed to report
that GOOG is developing a system for same-day
or next-day shipping for online shoppers
Read
[09:23 am] shark : Lazard out defending
FIO
[09:23 am] joeytsa : rusty broke that GOOG
news a few minutes ago
[09:23 am] rusty : TXI ALERT
[09:23 am] observer : monster move
[09:23 am] lightning : no TXI news yet
[09:24 am] joeytsa : standstill agreement
might not be standstill anymore?
[09:24 am] shark : Texas Industries spikes
after one of the largest stockholders of the
company agreed to terminate immediately the
Standstill Agreement that prevented it from
acquiring more than 20% of the outstanding
common shares
[09:25 am] joeytsa : closing TXI long, look
for a short
[09:26 am] doji : TXI wow
[09:26 am] joeytsa : closed way too early,
oh well
[09:26 am] doji : 34% up
[09:26 am] aussie123 : TXI put to call….28
to 1
[09:29 am] joeytsa : ROST strong today
[09:32 am] joeytsa : taking profits here,
not getting greedy
[09:32 am] shark : ROST resistance at R2
[09:33 am] joeytsa : watching them also
[09:33 am] joeytsa : TXI just paid for
Christmas
[09:34 am] mikewd2 -: wish i could have
shorted, easy money
[09:35 am] mikewd2 -: puts were too high
[09:35 am] shark : 35 call went from .05 to
2.50
[09:35 am] joeytsa : might get another pop
up
[09:35 am] shark : getting to 21min ma
[09:36 am] joeytsa : how many ma’s do you
use shark?
[09:36 am] shark : 21,50,100,200
[09:36 am] shark : sometimes 65ema, 150
[09:37 am] lisas : txi, getting better at
these, and moves like these keep me
motivated!
[09:38 am] joeytsa : good lisa !!!!
[09:38 am] shark : awesome lisa! 🙂
[09:39 am] lisas : yeah, but I pulled a
candelas and only shorted 1, lol.
[09:39 am] joeytsa : almost 50%
retracement
[09:39 am] lisas : wow, gotten 10% out so
far with trailing stop
[09:40 am] lisas : switching to a tick chart
improved things for me, use 233 tick. TS
doesn’t have the 30 sec like TSA uses
[09:40 am] Ed : awesome job guys/gals
[09:40 am] joeytsa : we are nearing that 20
minute lag?
[09:40 am] Ed : i moved up to 2 shares
[09:41 am] joeytsa : that 1st move was big
though
[09:41 am] shark : TXI is also presenting at
a BofA Merril Conf this afternoon, 12:23 news
appears to account for the move higher; stock
is now +25% on the session
[09:41 am] cowboyh : way to go mr Ed
[09:42 am] lightning : all out TXI
[09:42 am] neel : 1 min or 2 min
[09:44 am] joeytsa : a little buying here
[09:44 am] shark : TXI hitting 50min ma,
[09:44 am] mikewd2 -: L 28.73 TXI
[09:45 am] rusty : NWE radar
[09:45 am] observer : l 29.39
[09:45 am] mikewd2 -: out 29.60
[09:45 am] mikewd2 -: wow
[09:45 am] joeytsa : great mike, you got a
better price than i did
[09:46 am] mikewd2 -: looking to get back in
again soon
[09:46 am] mikewd2 -: quick $400 bucks
[09:46 am] joeytsa : nice, quick bucket
drop
[09:46 am] Ed : don’t forget emotional
control and self discipline[09:46 am] mikewd2
-: always first Ed
[09:47 am] Ed : good deal
[09:48 am] joeytsa : glad i didn’t get
greedy there
[09:49 am] rusty : NWE thin – no news
[09:50 am] rusty : INHX hod[09:51 am] Brent
: maybe
[09:51 am] mikewd2 -: TXI slowed down
[09:52 am] Ed : have not gotten stopped on
last 1/4 yet
[09:52 am] Brent : me neither
[09:52 am] Ed : i learned from the
bestess[09:53 am] shark : TXI riding up the
50, hitting resistance at 21min ma
[09:57 am] garyb : Mike……I sold some of
my TNA as I see a bit of a bullish
pattern….managing my trade so I sold some,
if it drops I will buy back
[09:57 am] joeytsa : LNKD quick spike
down
[09:57 am] victor51 : Ed, Thanks again for
TXI short. Now I am on Long
[09:58 am] Ed : joey gets credit for that one
also
[09:59 am] storage : Joey thanks for TXI,
rode up down then up a little wow
[10:00 am] joeytsa : glad you got some
[10:00 am] storage : Thanks tsa for teaching
us how to.
[10:00 am] rusty : nice alerts on TXI
joey/ed[10:01 am] observer : out TXI 29.98,
29.75
[10:02 am] shark : TXI riding 21, 50 min ma
nicely
[10:02 am] joeytsa : i got the TXI alert
thru Madscan, which i got thru Lightspeed,
which was recommended here in the room…so
props to TSA
[10:04 am] joeytsa : the CL has thrown off
some nice moves
[10:05 am] rusty : HOLX radar
[10:06 am] rusty : NWE perhaps topping but
so thin not going to play
[10:08 am] rusty : Morgan Stanley has some
comments out on HOLX
[10:08 am] rusty : if anyone interested will
post
[10:09 am] mikewd2 -: post it rusty
[10:10 am] rusty : •The move is being
attributed to comments from the firm which
says that an extra selling week in f12
implies deceleration on an organic basis as
compared to prior expectations of
acceleration•Rating remains equal-weight
[10:10 am] Ed : thx rusty
[10:10 am] rusty : GOOG radar
[10:11 am] rusty : negative article in
Dealreporter[10:11 am] lightning : that’s
just what I was thinking rusty, lol[10:11 am]
rusty : np[10:12 am] lightning : see TXI
[10:13 am] jsn13 : Did anyone get TXI short?
If yes, can tell the price where u
shorted?
[10:14 am] mikewd2 -: etrade had none
[10:14 am] mikewd2 -: as usual
[10:15 am] Ed : 34.14 avg.
[10:15 am] jsn13 : u start to short at what
price? Wont u get stop out at the big wick
there?
[10:16 am] michael : WCRX moving up on
volume
[10:16 am] mikewd2 -: their suing someone
[10:17 am] mikewd2 -: early morning
announcement
[10:17 am] apple : thx mike
[10:18 am] Ed : first entry was very small
12:25 est then I added at 12:27, 12:28 and
last 12:29 after shooting star
[10:19 am] mikewd2 -: HOLX stopped on long
attempt
[10:19 am] Ed : first 3 quarters were small,
and i loaded up on last 1/4 after I saw
shooting star
[10:20 am] jsn13 : so u r confident that
it’s gonna turn down? The move on the
shooting star was quite big though….
[10:20 am] michael : Guess I shoulda gone
long WCRX
[10:20 am] Ed : just felt like high prob
trade with stop above the high
[10:21 am] michael : WCRX turning down
[10:22 am] Ed : also the buying collapsed
[10:22 am] jsn13 : did u short WCRX?
[10:22 am] Ed : missed it
[10:23 am] michael : WCRX S @ 17 for me
[10:23 am] jsn13 : Wow such a high
price…What indicates u to short at that
point?
[10:23 am] apple : good one michael
[10:23 am] michael : looks strong though,
don’t know I’ll be in it for long
[10:24 am] michael : On the 10:09 minute
candle I took a chance and grabbed it on the
way down
[10:24 am] apple : LULU hod[10:25 am]
michael : sorry, 11:20 minute candle
[10:26 am] michael : looks strong though,
I’m getting out here
[10:26 am] mikewd2 -: HOLX always in on the
wrong bounce!!!
[10:42 am] rusty : LKQX radar
[10:43 am] Brent : give him time, he’s new
[10:44 am] Brent : Well, the Defense can
score with Phillip Rivers arm
[10:45 am] Brent : lol[10:46 am] richard :
I’m not a believer yet, all he seems to do is
win
[10:47 am] Brent : me neither richard,
curious to see how the off season goes.
[10:47 am] Mitch K: can’t remember who
shorted WCRX at 17? still short?
[10:48 am] rusty : RAYS negative article
out
[10:48 am] michael : no, I chickened and
bailed at 16.65 on WCRX
[10:49 am] electrader : s WCRX 16.81 covered
3/4 16.64 stopped last 1/4 16.71
[10:49 am] neel : Joeytsa, what is Pivot
point on SPY on your chart?
[10:51 am] rusty :
http://thestreetsweeper.org/undersurveillance
/RAYS_of_Sunshine_____or_Clouds_of_Doom_
[10:51 am] rusty : RAYS
[10:51 am] Brent : nice electrader[10:53 am]
victor51 : Lisas and all, I finally switched
to Trade Station from Fidelity. Great
experience, results and ideal for our type of
fast day trading. I don’t know why waited
one month. Take a look and compare with your
platform
[10:55 am] lisas : glad to hear victor. Are
you using the matrix for entries?
[10:55 am] victor51 : I shorted at 34.20 and
got out at 29. It seems like Trade station
has good inventory for shorting. I shorted
five stocks and no problem finding them at
TS
[10:57 am] lightning : victor, I made the
move from fidelity to lightspeed about a year
ago….working on a platform designed for
fast trades is so much better — and
cheaper
[11:03 am] victor51 : Lisas, I am using
Matrix for order and trailing stop. I still
don’t get it how to click on bid and ask
order box in Matrix. Please guide me when you
have a minute
[11:05 am] lisas : sure, I’m pretty much
done for the day. You need to have the order
type, OSO, quantity’s, and duration
compatible
[11:06 am] Mitch K: electric trader you still
short WCRX,
[11:07 am] lisas : They have lots of videos,
but to get to the nuts and bolts faster it
helps to ask someone
[11:07 am] rusty : BAC hod[11:07 am]
electrader : nah stopped last 1/4 at
16.71
[11:08 am] electrader : prolly had stop a
little tight but went well over my b/e
anyway
[11:09 am] richard : lisas, if you and Ed
would take the lead I would gladly follow
[11:10 am] Mitch K: what is b/e?
[11:10 am] electrader : break even
[11:13 am] rusty : BofA: We Continue To
Believe Collaborative Solution Will Heal
Housing Market
[11:14 am] Ed : came back to a surprise, nice
call Brent on HOLX
[11:14 am] kp : do you have any long ideas,
STON worked well earlier. I cannot short in
my accounts. Thanks.
[11:15 am] monster : tsla[11:15 am]
lightning : keeping my eye on TSLA, but I’d
like to see it drop another .30 cents or
so
[11:16 am] Ed : best ideas are in first 90
minutes of day, we still continue to scan
for high probability trades throughout the
day
[11:17 am] hobart : Can support areas, such
as in HOLX, become a resistant area?
[11:18 am] Ed : in trading it is easy just to
pick a trade, they are countless, but what we
strive for is an edge and higher probability
of success and win rate
[11:18 am] Ed : yes hobart[11:19 am] victor51
: Lisas, OSO is neat. Thanks. How do you
change spread on..
[11:20 am] victor51 : Lisas I have nice set
up Matrix, Radar and Chart together. How do
I copy same layout for my simulation
account
[11:22 am] lisas : victor, see the tiny box
with 3 dots to the right of the attach OSO
window, go in there to change spread, preset
it, save workspace if you want to save
setting
[11:22 am] richard : Trade Statioin just
called me, be right back
[11:22 am] lisas : victor, you just save the
workspace, it will be the same in sim mode or
live
[11:26 am] lisas : Victor, new TS users,
check out the trademanager and trademanager
analysis window. Really helpful to review
your trades at end of day.
[11:27 am] victor51 : Hobart, Welcome. I am
semi retired and just joined this super group
just a month ago and really enjoying. TSA
team is just fantastic.
[11:27 am] joeytsa : neel : you still here?
stepped away for awhile
[11:28 am] hobart : Thanks victor51
[11:30 am] hobart : Good start today with
LEA,TXI,RIMM and WHR
[11:31 am] victor51 : Lisa, I tried OSO and
was able to change spread. How do you use the
bid size, prices and ask size (red, blue box)
in Matrix. Thanks. I just used the TM and was
able to see my today’s gain and margin limit.
It’s just fantastic. . Is layout workspace
auto. updated in simulated account?. Thanks
for sharing your expertise
[11:32 am] joeytsa : just a heads up, job
numbers come out tomorrow
[11:32 am] victor51 : Missed the third short
on TXI. I thought it would be too much
greed
[11:33 am] joeytsa : don’t have to catch
every one victor
[11:33 am] lisas : victor, just click in the
box next to price you want to enter, ie blue
long, red short. Make sure order type is on
auto for OCO
[11:33 am] doji : Wow, look at TXI
[11:33 am] victor51 : How was unempl. claims
today
[11:33 am] apple : victor don’t be greedy…
bad for you
[11:33 am] joeytsa : yeah, they rose
[11:34 am] joeytsa : victor: honestly i
don’t trust any number that comes out
anymore
[11:34 am] apple : we trust no one…
[11:34 am] joeytsa : i have seen a few good
numbers get revised down the next month
[11:34 am] Ed : did doji have meeting with
jose’ before he went on cnbc??
[11:35 am] doji : Jose?
[11:35 am] Ed : speaking of the brazilian oil
boom
[11:35 am] apple : good one, ed!
[11:35 am] Brent : lol[11:35 am] doji : It’s
crazy here in Brazil… Rio is growing very
fast
[11:40 am] joeytsa : BIDU nice trending
chart
[11:41 am] joeytsa : TXI bounced off of the
lightspeed R2 and up….
[11:42 am] victor51 : Lisas, Auto button is
on top right corner in matrix box. If you
click the blue price, you will get that
Market price or you still need to go to
OSO
[11:42 am] shark : I show it bouncing off
R3, joey
[11:42 am] joeytsa : but Lightspeed R2 is
totally different than every other platform
r2
[11:42 am] joeytsa : i wonder if ls r2 is
really r3?? wierd[11:42 am] joeytsa : i
don’t have freestockcharts up today
[11:43 am] joeytsa : nice profit though, too
bad i missed it
[11:43 am] shark : me too
[11:43 am] joeytsa : i have to call ls and
ask them about that
[11:44 am] shark : that’d be greatD!
[11:44 am] lisas : Victor, are you in sim?
Easiest is to play around in sim mode, but
yes, it should execute the OSO order you have
in the OSO window at that price
[11:46 am] storage : Mitch was there a buy
sig on TXI at 11.32 on the one min. chart
[11:46 am] apple : i have it up, joey, what
is r2?
[11:46 am] joeytsa : on TXI?
[11:47 am] apple : pivot points?
[11:47 am] victor51 : LIsas I agree.
[11:47 am] joeytsa : on lightspeed its
different than on my schwab..and schwab seems
more in line with everything else
[11:48 am] doji : Do you need the values
Apple?
[11:48 am] joeytsa : r2 on scwab is
26.14ish, r2 on ls is 27.14ish
[11:48 am] apple : shark, joey, it is r3 on
freestockcharts[11:49 am] victor51 : Doji,
Check it out while you are in Brazil. What’s
wrong with PBR
[11:49 am] lightning : watching CP jump
[11:49 am] doji : R2=27.21 in TOS
[11:49 am] lisas : bye all, it’s been fun.
Thanks Mitch, Kris, Brent Ed and all!
[11:49 am] garyb : Hi everyone…..that was
a great lobster lunch…thank you TNA for
that! 🙂
[11:49 am] apple : r3 = 26.98
[11:50 am] Ed : see ya lisa[11:50 am] Kris :
have a good one lisa[11:50 am] Brent : Have a
good night lisa[11:50 am] doji : R3=29.83
[11:51 am] joeytsa : see if they know how
they compute their pivots
[11:51 am] storage : And now getting sell
sig. on TXI 1 min.
[11:53 am] richard : still on phone with
TS
[11:54 am] garyb : Why Richard…was there a
problem with TradeStation?
[11:54 am] shark : BIDU moving up
[11:58 am] garyb : LKQX looks pretty
good…watching it
[11:59 am] joeytsa : LULU has made a decent
recovery from the big gap down on the open
[12:00 pm] joeytsa : will be watching it the
rest of the day and also tomorrow
[12:00 pm] apple : yes, i was just going to
say we will have 1 more hour to go
[12:00 pm] shark : amazing!
[12:01 pm] apple : where did the day go?
[12:01 pm] Mitch K: how did you do on that
TXI short just now storage?
[12:01 pm] garyb : I know apple!
[12:02 pm] electrader : s TXI 27.81 cover
1/3 – 27.66, 1/3 – 27.53, stopped last
portion 27.44
[12:03 pm] lightning : watching BX for
possible short
[12:03 pm] apple : good job electrader[12:03
pm] Ed : way to go electrader[12:03 pm]
joeytsa : nice way to scale out
[12:03 pm] joeytsa : good trading
[12:03 pm] electrader : thnx guys been a
rough day for me finally recouping
[12:04 pm] lightning : way to stick with it
electrader[12:04 pm] joeytsa : 1 trade can
turn things around
[12:05 pm] apple : bye electrader – tomorrow
is another trading day – have a wonderful
evening!
[12:05 pm] storage : I did not short it this
time, Mitch still a lot to learn.
[12:07 pm] joeytsa : TXI making a
triangle
[12:07 pm] storage : It looked clear to me
but , man do I have a lot to learn
[12:07 pm] electrader : thnx apple, I’ve
never been accused of being a quitter
[12:08 pm] electrader : high school football
coach taught us – a quitter never wins and a
winner never quits
[12:08 pm] doji : STON turning
[12:08 pm] rusty : LULU upgraded by
analyst
[12:08 pm] joeytsa : great quote
[12:08 pm] eyes : I Agree
[12:09 pm] joeytsa : on losses : i only let
them bug me if I made a mistake
[12:09 pm] rusty : INHX dipping
[12:09 pm] apple : don’t listen to anyone,
but yourself – you are a winner!
[12:09 pm] joeytsa : if i made the correct
call but it goes against me..oh well, that’s
trading
[12:09 pm] apple : consistently
[12:09 pm] doji : You are not finished when
you lose; you are finished when you quit!
[12:09 pm] shark : market pull back!
[12:09 pm] electrader : good point
joeytsa[12:09 pm] garyb : nice one doji my
man!
[12:09 pm] apple : right doji – again!
[12:10 pm] joeytsa : if i get stopped out,
but it sets up again correctly..i will give
it another shot
[12:10 pm] garyb : me too joey,,,and I
usually do a bigger position at that point
[12:10 pm] shark : LULU almost done filling
all day gap! HA!
[12:10 pm] joeytsa : it’s a form of scaling
in haha[12:11 pm] apple : love that
definition joey
[12:11 pm] joeytsa : they still have $2 to
go
[12:11 pm] doji : I do the same Joey… it
needs a wider stop however
[12:11 pm] apple : c’mon LULU
[12:11 pm] joeytsa : not every trade works
out…just play the percentages with the odds
on your side
[12:12 pm] Ed : good point joey
[12:13 pm] jsn13 : But the hardest part of
the game is when to get into a trade at the
right point and price…
[12:13 pm] doji : Lulu on the move
[12:13 pm] shark : LULU vol good
[12:14 pm] jsn13 : Anyone here tried to
record for market replay in ninja trader?
[12:14 pm] joeytsa : interesting that after
that big move yesterday its been fairly
quiet
[12:15 pm] joeytsa : esp with that huge
buying last few minutes yesterday also
[12:15 pm] doji : Who is long in LULU?
[12:16 pm] shark : Meeeeeeee!
[12:16 pm] joeytsa : TXI has been nice…
[12:16 pm] doji : Don’t tell me that you
went long at 41.7 or a quit
[12:16 pm] joeytsa : that upmove off that
higher low is a good one
[12:17 pm] apple : double bottom
[12:17 pm] shark : 45.20 area
[12:17 pm] joeytsa : great price shark
[12:17 pm] shark : thx
[12:17 pm] doji : YEs, I agree
[12:17 pm] joeytsa : just don’t lose that
profit..indis might be turning
[12:18 pm] apple : shark, you are the man of
the day…
[12:18 pm] shark : close to end of day
too
[12:18 pm] joeytsa : plus it was a negative
earnings report
[12:18 pm] apple : a 5 pt move is pretty
damn wonderful…
[12:18 pm] joeytsa : heck yeah
[12:19 pm] joeytsa : TXI giving it back
[12:19 pm] apple : dyslexia – sorry i
thought 42.50
[12:19 pm] shark : maybe my broker will
think that too. haha[12:19 pm] apple : even
so, a 2 pt move is wonderful
[12:23 pm] joeytsa : BA really nice chart
[12:23 pm] joeytsa : SPY above 125
[12:24 pm] joeytsa : on half vol from
yesterday?
[12:24 pm] joeytsa : GPRO might be doing
something
[12:25 pm] joeytsa : not for me sorry
[12:26 pm] doji : MBI on the move again…
the house market problem is a thing of the
past!
[12:27 pm] rusty : NFLX to be acquired by
Facebook
[12:27 pm] rusty : says Herb Greenberg
[12:27 pm] rusty : rumor only
[12:27 pm] joeytsa : nice
[12:27 pm] joeytsa : youtube,twitter and
facebook are all merging…
[12:28 pm] shark : CMG alert
[12:32 pm] joeytsa : financials lagging a
bit today
[12:33 pm] joeytsa : shark: CMG stopped
right at R1 and turned down
[12:34 pm] joeytsa : yeah, NFLX 2nd leg
higher
[12:35 pm] apple : that was a really nice
move on NFLX
[12:35 pm] joeytsa : i didn’t play CMG
though, was in NFLX and kept my eyes there
[12:36 pm] doji : Are you L in NFLX Joey?
[12:36 pm] joeytsa : i was
[12:36 pm] joeytsa : took the break above
67.50
[12:37 pm] joeytsa : got 48cents…not too
picky this late in the day
[12:37 pm] shark : any news on CMG,
rusty?
[12:39 pm] joeytsa : CMG following the
5ma
[12:39 pm] joeytsa : see if it can hold this
R1
[12:39 pm] shark : vol nice on CMG
[12:40 pm] shark : AAPL weakening
[12:40 pm] joeytsa : CMG macd hist pointing
down
[12:41 pm] joeytsa : brokers/investment
banks under pressure
[12:41 pm] shark : closed LULU
[12:42 pm] joeytsa : MA/V hitting historic
highs
[12:43 pm] rusty : TLT moving up
[12:44 pm] shark : mortgage rates going up
thx to USA propping up europe[12:45 pm]
joeytsa : MA up $160 this year
[12:46 pm] shark : CMG toppy w/15 min to
go
[12:46 pm] rusty : FMCN moving up
[12:46 pm] joeytsa : no more stock trades
for me today…will look for a quick ES
scalp
[12:47 pm] garyb : joey…did you make out
okay today?
[12:47 pm] shark : joey! LULU hit S3
resistance, where it peaked out
[12:47 pm] joeytsa : yeah decent day
[12:47 pm] garyb : good buddy!
[12:47 pm] shark : and, all out CMG
[12:47 pm] joeytsa : how about you
[12:48 pm] joeytsa : market trending down,
TVIX moving up
[12:48 pm] joeytsa : keep LULU on the screen
tomorrow..maybe some follow thru
[12:49 pm] garyb : yes…very good day!
[12:49 pm] joeytsa : good to hear
[12:49 pm] rusty : MAGS radar tomorrow
[12:50 pm] joeytsa : auto sales rise to
13.6M..up from 13.2 in oct[12:51 pm] apple :
thx MK, K, B and E and everyone. Have a
wonderful evening.
[12:51 pm] rusty : MAGS trades thin but if
it sets up with a gap tomorrow might be worth
a try
[12:52 pm] lightning : Thanks TSA and
everyone. See you tomorrow. Congrats on a
great Day 1 Ed!
[01:00 pm] joeytsa : TSA hazing
[01:01 pm] garyb : Great day everyone!
This room ROCKS!!!! See you tomorrow for
some more $$$ learning and laughs
[01:01 pm] joeytsa : yeah gary…this room
is great
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