[06:14 am] Mitch K: a lot more volume
yesterday and this morning than we have seen
in last two weeks during holiday
[06:14 am] Mitch K: hi guys, should have good
action, as usual most of it in the first 2
hours
[06:19 am] Brent : good morning
[06:19 am] Ed : good morning traders
[06:21 am] Kris : good morning everyone
[06:22 am] Kris : Keep an eye on 127 support
in the SPY
[06:22 am] Kris : on the short side, I’m
watching VTR, TIVO, PRGS, FFIV, HBI, RSH and
INFA
[06:22 am] Kris : This morning I’m watching
the long side for trades in APKT, COG, GRMN,
KMB and PG
[06:23 am] Kris : we break below that and we
could see 126.50’s
[06:30 am] Kris : EBAY short half
[06:31 am] Kris : FFIV short half
[06:31 am] Kris : JNPR short half
[06:31 am] Kris : watching NFLX for a
short
[06:32 am] Kris : I’ll let APKT cycle down,
if it can hold, I’ll take some on the new
high.
[06:32 am] Mitch K: watching WRC for short
[06:34 am] Kris : FTNT short half
[06:34 am] Kris : INFA short half
[06:34 am] Kris : waiting on second half on
JNPR short
[06:34 am] Mitch K: watching AGO for short
[06:35 am] Kris : new lod SPY
[06:35 am] Kris : SPY turning over hard
[06:35 am] Mitch K: watching SOHU for
bottom
[06:36 am] Kris : watching YOKU for a long
off 15.60 area
[06:37 am] Kris : POT short half
[06:37 am] Kris : SPY still trying to hold
that 127
[06:38 am] Brent : watching AN for a
bounce
[06:39 am] Kris : looking for new lod in
FFIV
[06:39 am] Kris : watching for a pullback in
LULU to take long
[06:40 am] Kris : a little choppy this
morning in this range
[06:40 am] Kris : SPY back up testing
hod[06:40 am] Kris : would like to see it
hold 48.70 on the pullback
[06:41 am] Kris : getting ready to add second
half JNPR short soon
[06:41 am] Kris : out half EBAY short
[06:43 am] Kris : SODA long half
[06:44 am] Kris : watching ADTN for a long
reversal
[06:45 am] Mitch K: watching AN closer
[06:46 am] Kris : out half SODA long
[06:46 am] Kris : RIMM short half
[06:47 am] Kris : INFA short second half
[06:47 am] Mitch K: panl[06:47 am] Mitch K:
watching TRMB again today, for bottom. might
repeat same as yesterday but not as big of a
bounce
[06:49 am] Mitch K: watching NIHD
[06:50 am] Brent : SPY approaching hod[06:50
am] Kris : ADTN long
[06:51 am] Kris : JNPR short second half
[06:53 am] Brent : watching INHX, getting
some acceleration
[06:54 am] Mitch K: AN acting negative, no
bounce
[06:54 am] Mitch K: watching DECK for
short
[06:58 am] Kris : out ADTN, no pulse, DOA
[06:59 am] Mitch K: SOHU toppy
[07:00 am] Mitch K: consider selling SOHU
long position
[07:01 am] Brent : consider reducing AN here
at resistance
[07:01 am] Brent : consider reducing INHX if
long
[07:06 am] Brent : 34.48 area next target on
AN
[07:09 am] Brent : consider reducing more
INHX
[07:11 am] Brent : DMND doing its daily
calisthenics
[07:12 am] Kris : SPY breaking 127.00
[07:15 am] Kris : looking for new lod in
RIMM
[07:17 am] Mitch K: INHX turning over,
consider selling if long, watching for
short
[07:18 am] Kris : SPY trying to find support,
could help your long mike
[07:21 am] Brent : reducing more AN
[07:21 am] Brent : trail a stop on your last
piece if still long AN
[07:29 am] Kris : SPY turning over again,
look for a test of the lod[07:32 am] Kris :
RIMM lingering near it’s lows, looking for
the flush
[07:36 am] Kris : SPY new lod[07:37 am] Kris
: gonna stay patient on RIMM short
[07:39 am] Kris : SPY support 126.50 area,
could see a bounce soon
[07:39 am] Kris : starting to trim down these
shorts and protect the rest of my
positions
[07:46 am] Kris : out all SODA long
[07:49 am] Kris : another weak bounce in the
SPY so far, we could get one more move down
before finding today’s bottom
[08:11 am] Kris : out half RIMM short
[08:17 am] Mitch K: watching for short in
ADTN, patient,
[08:25 am] Mitch K: PAY toppy
[08:53 am] Mitch K: watching ANR for short,
patient
[09:18 am] Ed : watching JAZZ around 40.07
ish[09:19 am] Ed : would like some vol
though
[09:29 am] Ed : ULTA getting a bid
[09:33 am] Ed : watching ULTA
[09:47 am] Ed : reduce ULTA if took it
short
[09:48 am] Ed : still watching JAZZ also
[10:03 am] Ed : moving stop on last 1/4 ULTA
to 67.13
[10:05 am] Ed : will trail till I get stopped
on last 1/4
[10:07 am] Ed : would reduce JAZZ if u took
short
[10:22 am] Ed : out all ULTA
[10:24 am] Mitch K: NFLX topped
[10:31 am] Ed : thank u King Mitch
[10:31 am] Mitch K: good job with all that
JAZZ Ed, you a dancer?
[11:19 am] Kris : markets staying strong,
look for a close today near the highs
[12:14 pm] Mitch K: I didn’t see BCR until
too late
[12:20 pm] Mitch K: KRO good trending stock,
lot of stocks trending last two days as
mutual fund or money managers reallocating
money into different stocks
[12:22 pm] Ed : missed that 1 too, BCR
[01:00 pm] Kris : everyone have a good night.
See you all tomorrow.
[01:00 pm] Brent : have a good night, see you
in the morning
[01:00 pm] Ed : have a great evening traders
|
[06:27 am] derns : Kris..please post if you
take APKT..I have been studying that one
[06:33 am] zentrader : NTRI
[06:34 am] mikewd2 -: cramer trashed APKT
[06:34 am] zentrader : JKHY
[06:39 am] skydiver : JOY – take over
chatter
[06:42 am] mikewd2 -: PANL up nicely
[06:43 am] sfarrill : GDP
[06:45 am] skydiver : Reutors news reports –
EU has come into an agreement to ban oil from
Iran
[06:46 am] rusty : SODA radar
[06:47 am] observer : slw hod[06:47 am]
skydiver : ILMN – take over chatter
[06:52 am] joeytsa : DECK made a nice move
so far
[06:53 am] rusty : INHX radar
[06:53 am] zentrader : I’m having a little
trouble with my Lightdspeed platform this AM.
Anyone else?
[06:53 am] apple : yes, and my mouse,
too!
[06:54 am] zentrader : I’m in 3 trades right
now and have to restart. ugh
[06:57 am] mikewd2 -: WFT continues nice
daily gains
[06:58 am] rusty : INHX maybe down on ACHN
news
[06:59 am] rusty : LLY radar
[06:59 am] rusty : LLY radar
[07:00 am] rusty : RAM little spike up
[07:03 am] zentrader : ok am back
[07:03 am] zentrader : they had to reboot a
server a few times
[07:03 am] zentrader : so, am happy to
report I am still in the green 🙂
[07:04 am] apple : me, too – log in many
times… scary stuff
[07:04 am] southernky : anyone short
jnpr[07:04 am] zentrader : my Zagg swing is
rockin!
[07:04 am] apple : more for me
[07:05 am] observer : zagg hod[07:05 am]
apple : good for you, wish i could say the
same for my day…
[07:06 am] observer : way to go zenn, I took
my profits a bit earlier
[07:06 am] mikewd2 -: ty Brent
[07:06 am] skydiver : Thanks Brent for the
target on AN
[07:07 am] skydiver : Interesting — I still
have my Scottrade account – and it shut down
on me, froze my computer system — fun
morning
[07:08 am] rusty : AZO hod[07:08 am]
lightning : wow, Lightspeed, Schwab,
Scottrade all problematic. The gremlins have
control
[07:08 am] skydiver : yes and I am finally
up to trade – down 20 minutes
[07:09 am] skydiver : jumped on AN at 34.11
– a little late, but in the green slightly
[07:09 am] observer : much momentum in
ZAGG
[07:09 am] rusty : DMND ALERT
[07:09 am] mikewd2 -: DMND
[07:11 am] skydiver : DMND – up due to some
type of rumor – Fly on the Wall
[07:12 am] skydiver : INHX climbing nicely
–
[07:12 am] mikewd2 -: Diamond Foods moves up
on speculation of positive Audit Committee
‘
[07:12 am] skydiver : all out of AN at
34.20
[07:13 am] skydiver : I’m in INHX at 8.93 –
anyone else in INHX?
[07:14 am] Kris : careful shorting DMND
[07:14 am] skydiver : Thanks Kris –
[07:15 am] skydiver : Come on INHX – make up
for my down time today 🙂
[07:15 am] joeytsa : AMZN didn’t want to
hold $180..at least today 🙂
[07:15 am] victor51 : Inhx in at 8.76. My
favorite
[07:16 am] joeytsa : DMND..big seller at
33.78?
[07:17 am] mikewd2 -: there you go joey
[07:17 am] mikewd2 -: but i’m long
[07:17 am] skydiver : thanks Mitch on
INHX
[07:18 am] skydiver : all out of INHX
9:30
[07:18 am] lightning : nice Sky
[07:18 am] skydiver : 9.31 – thanks
lightning
[07:18 am] mikewd2 -: nice call kris[07:19
am] mikewd2 -: out half 34.15
[07:21 am] joeytsa : CNBC: European Banks
Hoard Record $591B at ECB
[07:23 am] victor51 : out 1/3 INHX
[07:25 am] mikewd2 -: stopped DMND 33.60 with
still nice 3% gaiin[07:25 am] rusty : YHOO
radar
[07:26 am] rusty : sudden volume
[07:27 am] observer : nice mike
[07:27 am] rusty : YAHOO SAYS TAKING COMPANY
PRIVATE NOT ON RADAR :YHOO US
[07:28 am] rusty : AZO new hod[07:33 am]
apple : what a morning!
[07:33 am] joeytsa : i hope you mean that in
a good way apple 🙂
[07:34 am] skydiver : yes apple — a
profitable morning . . .
[07:35 am] apple : don’t worry i had my fit
earlier, now i am making some money… missed
a few things… probably need a break in a
little while
[07:36 am] joeytsa : ditto apple
[07:36 am] skydiver : sounds good apple –
catch your breath – unwind – refocus
[07:37 am] apple : thx for SOHU MK
[07:39 am] lightning : watching MMR for a
bounce
[07:40 am] victor51 : Mitch, thanks for
INHX
[07:42 am] joeytsa : CRM taking a dump
[07:47 am] scalpman : GMCR moving
[07:48 am] rusty : GMCR radar
[07:48 am] rusty : sudden spike
[07:51 am] pow : SODA and GRMC breaking
out
[07:54 am] rusty :
http://finance.fortune.cnn.com/2012/01/04/yah
oo-we-dont-want-to-be-bought/
[07:54 am] rusty : YHOO
[07:54 am] mikewd2 -: PANL
[08:13 am] joeytsa : cnbc live from inside
goldman sachs[08:13 am] mikewd2 -: yeah, but
will they make it out
[08:13 am] joeytsa : yeah with a “buy” on
CMG haha[08:18 am] rusty : In energy, Cohen
favors industry leader Enron. The stock has
stumbled lately, and she now sees it as a
“good value.”
[08:19 am] joeytsa : brokerage
firms/analysts are the reason why i decided
to rely on tech instead of fundamental
analysis
[08:19 am] joeytsa : she must really love it
now haha[08:19 am] apple : smart guy, joey,
whom do you trust?
[08:20 am] mikewd2 -: once they get out of
jail
[08:20 am] joeytsa : me, my charts and the
people in this room
[08:21 am] apple : exactly, that’s all you
ever need!
[08:23 am] apple : i notice a lot of times
10:30 is a very pivotal time for SPY
[08:34 am] apple : i am waiting for ADTN to
turn…
[08:35 am] shark : me too apple
[08:35 am] shark : like watching paint
dry
[08:35 am] shark : LULU new hod -now over
$50
[08:36 am] joeytsa : CF diving, looking for
a bottom?
[08:36 am] zentrader : SINA starting to
move
[08:36 am] rusty : AZO hod[08:42 am] shark
: SPY testing hod[08:43 am] joeytsa : yeah
shark, nice run last 30 minutes
[08:45 am] rusty : CNBC only interviewing GS
analysts whose calls were
correct….incorrect analysts on vacation,
hmmm
[08:45 am] shark : hmmmm[08:45 am] joeytsa
: so there is only 1 guy working there
today?
[08:46 am] lightning : S ADTN 29.03
[08:46 am] rusty : lol joey
[08:48 am] joeytsa : even though indicators
aren’t magic..they really give great targets
to look at
[08:49 am] joeytsa : new traders should
stare at as many charts as they can
[08:53 am] joeytsa : GOOG price 666.66
[08:54 am] shark : going to 777.77
joeytsa[08:54 am] joeytsa : buy buy
buy[08:54 am] shark : use options, options,
options
[08:58 am] rusty : GS Infomercial over
[09:04 am] lightning : maybe there is more
to this PAY short, but I’m covering here for
a small gain.
[09:06 am] apple : good timing light
[09:06 am] rusty : CNBC Fastmoney investing
advice: Stick with what works
[09:25 am] pow : Dang getting volume
[09:28 am] chris1 : Ed, I’m thinking you are
looking at Jazz for a short, could you
explain why 40.07?
[09:28 am] jimmyp : anyone short adtn?
[09:28 am] chinhngo : I am short adtn at
29.05
[09:30 am] jimmyp : I’m losing patience,
[09:31 am] apple : NFLX hod[09:31 am]
lightning : I was short ADTN but closed it
out.
[09:32 am] chinhngo : short jazz at
40.02
[09:33 am] chinhngo : short anr at 22.18
[09:34 am] jimmyp : just got stopped on
adtn[09:45 am] apple : after my short on
ADTN, reversed L at 29.13
[09:46 am] apple : ULTA moving nicely S at
67.32
[09:46 am] lightning : S ULTA 67.29
[09:47 am] zentrader : nice ULTA call
[09:48 am] zentrader : taking some off ULTA
now and moving stop down
[09:52 am] apple : stopped out of ULTA, thx
E!
[09:52 am] zentrader : out ULTA at .86 and
reversing
[09:52 am] rusty : NSRS day trader penny
stock favorite falling fast
[09:53 am] Ed : nice going guys/gals
[09:54 am] lightning : just got bounced out
of Lightspeed again.
[09:55 am] doji : Hey zen, just curious to
know how did you know to reverse ULTA at
66.86? Using 1min Stochastics?
[09:55 am] apple : good for you zen!
[09:55 am] shark : ISIS moving on CNBC
story
[09:55 am] rusty : Dr. Crook, ISIS CEO
[09:56 am] rusty : just saying
[09:56 am] apple : ADTN still moving
strong
[09:57 am] zentrader : I covered short at
.86, reversed at .93 – will keep tight stop
this bounce, but ULTA is strong today and we
could see higher highs
[09:57 am] apple : thx zen[09:58 am] doji :
Covered in the 1min stochastics?
[09:58 am] zentrader : I won’t lose my
profits though, will stop it if keeps going
down
[10:01 am] zentrader : offering 1/4 ULTA at
67.34
[10:08 am] mhaus : what’s up with NFLX?
[10:11 am] doji : Wow NFLX is a runner
today
[10:11 am] mhaus : up 5%
[10:13 am] Ed : i lost my ticket for the nflx
train
[10:13 am] shark : NFLX -someone bought 8000
Mar 100 Calls
[10:14 am] shark : 6000 were bought at $2,
now trading for $3
[10:19 am] shark : Reuters has reported that
EU governments have reached deal in principle
to ban imports of iranian oil.
[10:19 am] shark : Reports have also
indicated that Iran’s main trading partner,
China, has demanded discounts to buy Iran’s
crude oil.
[10:22 am] apple : good one E
[10:22 am] Ed : tank u
[10:24 am] jimmyp : Does the stock room work
on Kindle Fire?
[10:24 am] Ed : not sure
[10:27 am] Kris : if kindle fire can render
flash then yes, it will work jimmy
[10:28 am] Kris : I know on android it
runs
[10:28 am] jimmyp : thanks, going to give it
a try, free up my laptop for news
[10:39 am] zentrader : LEAP trending up
now
[10:44 am] joeytsa : CF still seems to be
playing nice
[10:49 am] joeytsa : DECK with a little
buying
[10:50 am] joeytsa : CF coming into res
[10:52 am] doji : SPY new hod[10:56 am]
zentrader : EK
[10:57 am] sfarrill : COG
[10:58 am] apple : nice one sfarrill[10:59
am] joeytsa : WTW nice move
[11:02 am] joeytsa : so Papademos is saying
that Greece faces default in march without
troika deal…not sure how current this is
[11:03 am] apple : nice trend on WTW since
noon joey
[11:03 am] joeytsa : yep
[11:09 am] apple : i wish i would have taken
JAZZ long…
[11:09 am] Ed : think fleeeeeexible[11:09 am]
apple : yeah…
[11:10 am] Ed : think or be???
[11:10 am] apple : be
[11:10 am] apple : always
[11:10 am] richard : watching CLR
[11:11 am] Ed : nice richard
[11:13 am] joeytsa : AMZN trending down
[11:16 am] Ed : no strong signal for short
yet clr[11:37 am] joeytsa : CLR was a nice
play
[11:49 am] rusty : HD 52w high today
[11:52 am] joeytsa : i missed the news on
NFLX today
[11:54 am] joeytsa : good call earlier kris,
some buying coming in
[11:56 am] qwert : hey everybody was having
all kinds of crazy problems with the room and
adobe flash, finally got it figured out. was
anybody else having issues with lightspeed
earlier this am
[11:56 am] lightning : yes, I was bounced
out of Lightspeed twice today.
[11:56 am] apple : yes, it was not pretty
this morning…
[11:56 am] apple : had to log in quite a few
times
[11:57 am] qwert : okay yeah i didn’t even
make a trade until mmr around 7:45 pst[11:57
am] joeytsa : zen had problems earlier
also
[11:57 am] qwert : kept loosing quotes
window
[11:57 am] joeytsa : CLR cracked?
[11:57 am] apple : me too, and when i logged
in several times it gave the wrong data
[12:03 pm] rusty : QCOM radar
[12:04 pm] joeytsa : gotta cut out early
today, AMZN playing by the rules very nicely
though
[12:05 pm] Ed : c ya joey
[12:05 pm] joeytsa : Kodak headed to chapter
11
[12:07 pm] joeytsa : richard: hope you got
some money out of CLR..good call thanks
[12:09 pm] rusty : SHLD lod[12:09 pm] rusty
: worth watching carefully
[12:09 pm] rusty : based on daily chart
[12:14 pm] apple : BCR was a beauty
[12:15 pm] apple : too bad, i wished i would
have seen it earlier as well
[12:15 pm] richard : watching KRO
[12:21 pm] richard : thanks MK
[12:26 pm] apple : nice right? just closed
right up and should probably continue on its
journey
[12:26 pm] Ed : yep
[12:26 pm] apple : nice consolidation
there
[12:27 pm] apple : NFLX is still
moving…
[12:30 pm] zentrader : freakin weird
movement by JAZZ. People are nuts. lol[12:30
pm] khall : I’m sort of halfway considering
keeping that overnight
[12:30 pm] rusty : QCOM
http://www.disclosureinsight.com/news/di-pers
pectives/qualcomm-poster-child-accounting-ris
k-hiding-plain-sight
[12:30 pm] rusty : from earlier
[12:36 pm] rusty : CLP radar
[12:38 pm] zentrader : JAZZ heading south
[12:41 pm] shark : NFLX still moving on huge
volume
[12:42 pm] shark : broke thru 50day ma
[12:43 pm] rusty : also do soups at sauce
station
[12:44 pm] apple : i like soup
[12:45 pm] Ed : im hungry now
[12:45 pm] rusty : Working on a classic fish
chowder
[12:45 pm] rusty : “chowda”
[12:46 pm] apple : now, you’re talking, new
england i hope
[12:46 pm] rusty : GPRO radar
[12:47 pm] rusty : nothing special just
sudden push down
[12:50 pm] apple : thx rusty
[12:54 pm] apple : thx MK, K, B, E and
everyone. All have a wonderful evening. see
you tomorrow.
[12:54 pm] Ed : c ya apple
[12:54 pm] observer : see you, apple
[12:55 pm] khall : Night Apple
[12:56 pm] Kris : later apple
[12:58 pm] victor51 : Good night everyone
and see you all
[12:58 pm] Ed : c ya victor
[12:59 pm] richard : Thanks everyone C Ya
tomorrow
[12:59 pm] Ed : take care richare[12:59 pm]
Ed : richard
[12:59 pm] richard : U2 Ed
[01:00 pm] rusty : thx and gn all
[01:00 pm] khall : night everyone
[01:00 pm] observer : thx TSA and and
traders. A good eve 2 LL
[01:00 pm] observer : ALL
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