[06:18 am] Brent : good morning
[06:18 am] Kris : Time to make the donuts
[06:19 am] Kris : on the short side I’ll be
watching SWKS, MPC, COF, WLL, SWN and RRD
[06:19 am] Kris : This morning I’ll be
watching CLGX, THS, CTAS, DHI, DNDN and MON
for possible longs
[06:21 am] Ed : good morning traders
[06:27 am] Kris : 2 minutes.
[06:31 am] Kris : BIDU short
[06:31 am] Kris : BIDU short half
[06:32 am] Kris : ALTR short half
[06:32 am] Mitch K: monitoring ERT today
[06:32 am] Mitch K: watching ZOLL for
short
[06:33 am] Kris : COG short half
[06:33 am] Mitch K: monitor SHLD, making
another move up, been giving a short on top
of first big bounce up
[06:33 am] Mitch K: watching CBST for top to
short, patient
[06:34 am] Mitch K: monitoring AMP
[06:34 am] Mitch K: watching for top in
FOSL
[06:35 am] Brent : watching CCOI for a
bounce
[06:35 am] Kris : SWKS short
[06:35 am] Kris : watching BIDU to add second
half short soon
[06:35 am] Mitch K: AMP toppy
[06:35 am] Mitch K: watching for bottom in
GMCR, patient
[06:36 am] Kris : SPY support 130.80 area
[06:36 am] Mitch K: FOSL toppy
[06:36 am] Mitch K: watching VAR for
bottom
[06:37 am] Kris : NFLX breaks here and could
be a runner again
[06:37 am] Kris : NFLX coming into
resistance
[06:37 am] Mitch K: ASIA hot again today,
watching for short
[06:37 am] Mitch K: watching BHI for
bounce
[06:38 am] Kris : looking for new lod in
ALTR
[06:38 am] Mitch K: missed DECK top but worth
monitoring for short if rebound
[06:39 am] Mitch K: watching SWKS for a
rebound to short into
[06:40 am] Kris : out half ALTR short
[06:40 am] Mitch K: monitoring BIIB for top
possible short
[06:41 am] Mitch K: watching ATLS for bottom,
many energy stocks turning down with oil
[06:42 am] Brent : careful with CCOI, not
moving with this bounce in the SPY
[06:42 am] Mitch K: MPC turning down
[06:42 am] Mitch K: VHC probably bottoms
first
[06:42 am] Mitch K: watching VAR, VHC for
bottom
[06:43 am] Kris : AKAM short under 31.77
[06:43 am] Mitch K: consider covering CBST
first helping short around 40.70 area
[06:44 am] Kris : looking for new lod in COG
soon
[06:46 am] Kris : I think it could have a
little more downside sky, might keep a
sliver
[06:46 am] Kris : perfecto
[06:47 am] Mitch K: AMP toppy
[06:47 am] Mitch K: big drop in CCOI
[06:47 am] Mitch K: these big dumpers, they
take longer to bottom than normal
[06:48 am] Kris : NFLX failed that
resistance, see if she can test it again
[06:48 am] Mitch K: ATLS bottoming
[06:48 am] Mitch K: SHLD toppy
[06:48 am] Mitch K: watching STI for top to
short; good one soon
[06:49 am] Kris : VAR might be a good
short-the-bounce
[06:50 am] Kris : SPY new hod[06:50 am] Mitch
K: consider covering most of CBST
[06:50 am] Mitch K: consider reducing VHC if
long
[06:50 am] Mitch K: if short
[06:50 am] Mitch K: watching TLEO for
bottom
[06:51 am] Mitch K: oil bounce bringing up
oil stocks
[06:51 am] Mitch K: watching CREE for top
[06:52 am] Kris : ALTR trying for new lows
[06:52 am] Kris : BIDU weak bounce so far,
showing market divergence
[06:54 am] Kris : CCOI coming into resistance
here
[06:54 am] Kris : watching YOKU for a
short
[06:55 am] Kris : start stepping out if you
got it long and give yourself a big hug
[06:55 am] Mitch K: consider reducing CCOI if
long
[06:55 am] Mitch K: oil prices diving
[06:55 am] Mitch K: watching YOKU for top to
short
[06:56 am] Mitch K: consider reducing TLEO if
long
[06:56 am] Mitch K: forget SHLD short idea,
too slow mover
[06:56 am] Mitch K: watching for 2nd helping
long on CLR, missed first
[06:56 am] Mitch K: watching SANM for top to
short
[06:57 am] Kris : VAR about to test lod[06:57
am] Mitch K: consider selling all of CCOI
long
[06:58 am] Mitch K: consider closing most of
ATLS if long
[06:58 am] Mitch K: don’t step in front of
SANM with a short until it stops moving up
[06:58 am] Mitch K: SANM is a low priced
stock and has the power to move more
[06:59 am] Mitch K: don’t short SANM yet,
more upside
[06:59 am] Mitch K: YOKU toppy
[06:59 am] Mitch K: you guys know we can’t
give you closing alerts, focusing on the
ideas, you decide when to close but will try
alerting you of a few
[07:00 am] Kris : SPY at lows
[07:00 am] Mitch K: but should present a
short soon
[07:00 am] Mitch K: for bottom to buy, looks
like news, let it stop dropping first
[07:00 am] Mitch K: watching OCR
[07:01 am] Kris : ALXN alert
[07:02 am] Mitch K: consider reducing OCR if
long
[07:02 am] Mitch K: STI too hot to short,
banks often act this way
[07:03 am] Mitch K: AMP short too slow
mover
[07:03 am] Mitch K: CCOI heading down, worth
short, small
[07:03 am] Mitch K: CISG decent short idea,
aggressive, advanced trade
[07:04 am] Mitch K: consider reducing more
TLEO if long
[07:04 am] Mitch K: don’t like ZOLL short,
too much institutional buying
[07:05 am] Kris : AKAM priming for a flush
[07:05 am] Kris : COG nearing lod[07:05 am]
Mitch K: watching WLT for top to short
[07:06 am] Kris : markets getting some
increasing selling here
[07:06 am] Mitch K: new low on oil, affecting
oil stocks
[07:06 am] Mitch K: STI toppy, finally, lol.
seems like i lose patience with a stock and
it does what i wanted
[07:06 am] Mitch K: WLT toppy
[07:07 am] Mitch K: the CISG was a quickie
type of trade, the CCOI short takes a little
longer, by about 10 min
[07:07 am] Mitch K: TLEO good short on top of
this rebound here
[07:08 am] Kris : out half COG short
[07:08 am] Mitch K: consider reducing ALXN
[07:08 am] Mitch K: if long
[07:08 am] Mitch K: SANM toppy but don’t like
it as short, too strong, passing on SANM
[07:10 am] Mitch K: MNST breaking out,
formerly HANS, Hansen Natural Beverage
[07:11 am] Kris : SHLD new hod[07:11 am]
Mitch K: did i post ETR for long, little too
late now, try for 69.60 area for long
[07:12 am] Mitch K: STI turning after all
[07:12 am] Mitch K: these bounces are worth
shorting, ALXN latest one
[07:13 am] Mitch K: looking for a little
money on BRY short
[07:14 am] Mitch K: i really like charts like
this TLEO, excellent bounce, good short on
top of that bounce,
[07:14 am] Mitch K: MONST hot one, check news
somebody
[07:17 am] Mitch K: look for something today
on the 20th
[07:17 am] Mitch K: now that’s a pretty chart
on left
[07:17 am] Mitch K: skydiver, its news
today
[07:21 am] Mitch K: consider covering TLEO if
short
[07:26 am] Mitch K: that was a nice flurry
this morning, been eating a lot of
GInko[07:27 am] Mitch K: SINA and BVSN pretty
good charts, little low on vol for BVSN
[07:27 am] Mitch K: watching ATLS, Atlas
Energy
[07:28 am] Ed : SINA moving
[07:30 am] Mitch K: SINA has nice chart
pattern, vol and parabolic increase in price
too
[07:31 am] Mitch K: Looking for short in
SINA, start small
[07:31 am] Mitch K: more downside on CISG
short
[07:31 am] Mitch K: SHLD really has momentum
last 10 days
[07:33 am] Mitch K: SINA toppy
[07:33 am] Mitch K: WLT has takeover chatter
that may have some truth to it. acting like
it
[07:42 am] Mitch K: SINA turning over, TLEO
behaving
[07:42 am] Mitch K: WLT breaking down, SANM
turned over, STI corrected, CISG big profit,
got to love those shorts
[07:43 am] Ed : NFLX lod[07:49 am] Kris :
watch for SPY to retest lod, acting weak
today
[07:56 am] Mitch K: watching DNDN
[08:03 am] Brent : SPY approaching lod[08:20
am] Mitch K: missed CELG short, keep
monitoring
[08:20 am] Mitch K: new low on TLEO
[08:21 am] Mitch K: 2nd short i meant
[08:21 am] Mitch K: and monitor for 2nd
helping around 74.10
[08:21 am] Mitch K: should get a bounce on
CELG soon
[08:30 am] Kris : RIMM consolidating at its
lows, look for a possible short on a new
lod[08:30 am] Mitch K: CISG short over now
[08:32 am] Brent : SPY new lod[08:32 am] Ed :
NFLX lod[08:51 am] Kris : if you got rimm
short look to cover some here and move down
your stop
[09:46 am] Brent : HUM testing lod[10:10 am]
Ed : NFLX new lod[10:18 am] Brent : watching
VMC
[10:24 am] Brent : SPY looking to test
hod[10:31 am] Ed : SINA hod[10:36 am] Ed :
not a recommendation
[10:36 am] Ed : SINA trying to push through
65 level
[10:39 am] Ed : 3rd rejection @65
[10:40 am] Mitch K: BVSN 2nd helping short
[11:04 am] Ed : GDI advanced trade
[11:05 am] Ed : thx mhaus[11:14 am] Ed :
reduce GDI
[11:19 am] Mitch K: SPY spiking down, should
have rebound, will help GDI stay up a little
more
[11:24 am] Mitch K: lower lows on sp 500
[11:34 am] Mitch K: looking for around 73
area
[11:34 am] Mitch K: no bounce in SPY yet but
GDI holding up well, should move up when SPY
moves up
[11:46 am] Ed : EXEL
[11:50 am] Ed : reducing EXEL
[11:54 am] Mitch K: be really careful with
those stocks like EXEL, they can lose you a
lot of money very quickly. really advanced
traders only
[11:54 am] Mitch K: only
[11:58 am] Ed : reducing 1/4 EXEL short
position
[11:59 am] Ed : out all EXEl short
position
[12:02 pm] Ed : selling 1/4 long GDI
[12:04 pm] Ed : repost. reducing 1/4 long
GDI
[12:05 pm] Ed : holding 1/4 long GDI
[12:19 pm] Ed : MDVN
[12:27 pm] Ed : reducing 1/2 long position
MDVN
[12:37 pm] Ed : out all long position GDI
[12:47 pm] Kris : I’ll be watching GDI monday
for a possible swing trade entry early next
week
[12:50 pm] Kris : not sure if anyone already
mentioned it but SHLD setting up for a short
swing soon
[12:53 pm] Ed : reducing all long position in
MDVN
[12:53 pm] Kris : have a good one qwert
douglas[12:53 pm] Kris : see you monday[12:53
pm] Kris : well done eddie money
[12:54 pm] Ed : tank u Sir Kris
[12:54 pm] Kris : have a good week doji. see
you when you get back.
[12:59 pm] Brent : Have a great weekend, see
you all on Monday.
[12:59 pm] Ed : have a great weekend
[12:59 pm] Mitch K: you guys having fun
trading?
[01:00 pm] Kris : everyone have a fun and
safe weekend. see you all on Monday.
[01:07 pm] Mitch K: later guys
|
[06:30 am] joeytsa : MSFT had a nice
release
[06:30 am] joeytsa : think profits were
higher than GS
[06:31 am] mikewd2 -: watching FST
[06:31 am] shark : Watching GOOG
[06:31 am] skydiver : watching BWLD
[06:31 am] lightning : S MPC
[06:32 am] skydiver : watching CRM as
well
[06:32 am] joeytsa : watching for a bottom
in THS
[06:32 am] mikewd2 -: doji, SLB up nicely –
great job
[06:33 am] apple : yes, doji, good job
[06:33 am] mikewd2 -: FST L 12.99
[06:33 am] joeytsa : SLB turning over a
bit
[06:33 am] doji : All out SLB
[06:35 am] joeytsa : NFLX strong
[06:35 am] doji : Close at near 75… thanks
SLB
[06:35 am] mikewd2 -: DANG L 7.05
[06:36 am] doji : NFLX Scrong…
[06:36 am] mikewd2 -: out half DANG 7.19
[06:36 am] joeytsa : trail THS, don’t let
profits slip
[06:36 am] skydiver : out 1/2 of L THS
[06:37 am] doji : Run NFLX run
[06:37 am] shark : ditto
[06:37 am] joeytsa : agreed Kris, close to
prev hi
[06:37 am] shark : NFLX coming into Oct gap
fill at 105ish
[06:37 am] doji : SHLD a runner today
also
[06:38 am] joeytsa : THS was nice
[06:38 am] mikewd2 -: all out DANG 7.21
[06:38 am] mikewd2 -: easy 2%
[06:39 am] doji : NFLX needs to break 105
[06:39 am] shark : agreed
[06:39 am] shark : GOOG new lod[06:39 am]
rusty : covered about one third of RAYS
short swing
[06:39 am] joeytsa : nice bounce off support
for SLB
[06:40 am] shark : DIA SPY near lod[06:40
am] skydiver : BIDU dropped nicely
[06:40 am] mikewd2 -: Schlumberger says
consensus estimates for Q1 “somewhat on
optimistic side”
[06:40 am] joeytsa : AMP toppy
[06:41 am] shark : GOOG -slow drift down
[06:41 am] joeytsa : overnight orders
getting filled?
[06:42 am] shark : hmmm
[06:42 am] shark : option #’s not so great
GOOG on weeklys[06:42 am] joeytsa : GS
moving up again
[06:43 am] joeytsa : SLB going for hod[06:44
am] skydiver : out 1/2 BIDU S
[06:44 am] rusty : CCOI radar
[06:44 am] doji : SHLD toppy
[06:44 am] mikewd2 -: adding to FST 12.9
[06:44 am] doji : SLB toppy
[06:45 am] joeytsa : SLB was nice…GS at
prev hi
[06:45 am] skydiver : Thnx Kris for BIDU
[06:46 am] joeytsa : IBM off to the races
finally
[06:46 am] shark : poss GOOG bottom
[06:46 am] skydiver : ok – still have 1/4
left in it – thnx[06:47 am] doji : SLB
short
[06:47 am] joeytsa : existing home sales top
of hour, crude contracts changed to 3/12
[06:47 am] skydiver : all out of THS Long –
don’t like the way it’s acting
[06:47 am] joeytsa : i got out a while ago
sky
[06:48 am] rusty : FBI are currently
detaining everyone at the ISP Cogent
Communications’ headquarters in Washington
DC,
[06:48 am] skydiver : you were smarter than
I — still made $ on it
[06:48 am] joeytsa : not smarter…lost
patience
[06:49 am] Kris : I would bet against a
strong bounce on CCOI if the news is
accurate
[06:49 am] lightning : no SHLD shares to
short at LS
[06:49 am] skydiver : gotcha joey – who
wants to wait till they are 99 years old to
finally sell
[06:49 am] mikewd2 -: taking some profits on
part of my WFT longs
[06:49 am] doji : out 1/2 SHLD S
[06:49 am] joeytsa : haha, mid-later in the
day..maybe, but not at the open…too many
movers
[06:50 am] apple : light, there were no SHLD
shares to short at LS several times
[06:50 am] joeytsa : tighten stop on IBM if
long
[06:51 am] doji : short 1/2 half SLB
[06:51 am] doji : tight stop
[06:51 am] joeytsa : if market blasts thru
1310 watch GS to follow
[06:51 am] mikewd2 -: FST finally turning
[06:53 am] mikewd2 -: DANG hod[06:53 am]
joeytsa : out CCOI
[06:53 am] joeytsa : might have left money
on the table, didn’t want to get caught up in
a big selloff
[06:54 am] mikewd2 -: DANG looks nice on the
daily
[06:54 am] skydiver : out last 1/4 BIDU S
121.79
[06:54 am] apple : good job sky
[06:54 am] skydiver : got nervous with
“bounce” on BIDU 🙂 – thnx apple
[06:54 am] apple : L TLEO 36.50
[06:54 am] skydiver : great morning so
far!!
[06:54 am] joeytsa : nice sky, keep an eye
on at 121.50 level on BIDU
[06:55 am] skydiver : keeping an eye on BIDU
121.50
[06:55 am] joeytsa : break below could give
it a drop
[06:55 am] joeytsa : yeah
Mitch..bigtime[06:55 am] joeytsa : $98.40
area on crude
[06:55 am] mikewd2 -: oil services still
staying up – thus far
[06:56 am] doji : YOKU R at 21.75
[06:57 am] doji : CREE S
[06:57 am] doji : YOKU S
[06:57 am] doji : ATLS dropping
[06:57 am] joeytsa : SLB just got a cramer
approval
[06:57 am] rusty :
http://www.sfgate.com/cgi-bin/article.cgi?f=/
g/a/2012/01/20/bloomberg_articlesLY29NG6K50XU
01-LY3L4.DTL
[06:57 am] rusty : CCOI related
[06:57 am] mikewd2 -: DANG R 7.56
[06:57 am] doji : Time to short it!
[06:57 am] joeytsa : CRM trying to close
gap
[06:57 am] doji : SLB
[06:58 am] lisas : existing home sales
couple min, expect 464
[06:58 am] skydiver : BIDU climbing
nicely
[06:58 am] skydiver : out 1/2 BIDU
[06:58 am] doji : Nice drop in Yoku[06:58
am] joeytsa : sky: you are rockin’ today
[06:59 am] doji : closing CREE here, not
acting well
[06:59 am] skydiver : good mentors!!
[06:59 am] mikewd2 -: yep, keep them coming
Mitch
[07:00 am] mhaus : OCR
[07:00 am] joeytsa : OCR alert
[07:00 am] skydiver : understood Mitch –
great ideas
[07:00 am] doji : die SLB die
[07:00 am] skydiver : out 1/4 more of
BIDU
[07:00 am] rusty : OCR radar
[07:00 am] mhaus : joey, I caught OCR 4
minutes ago
[07:01 am] mhaus : just could not post
early
[07:01 am] skydiver : moving stop up on last
1/4 of BIDU L
[07:01 am] joeytsa : yeah i saw it cross
then, never clicked on it
[07:02 am] doji : SLB dropping hard….
Crammer effect….
[07:02 am] mikewd2 -: don’t like YOKU
short
[07:02 am] doji : so close it Mike
[07:03 am] mikewd2 -: don’t have it
[07:03 am] shark : GOOG resistance at
588.40
[07:03 am] doji : I closed CREE, didn’t like
it either
[07:03 am] mikewd2 -: OCR was nice
mhaus[07:03 am] doji : FFIV reversing
[07:03 am] skydiver : al out of BIDU S
[07:04 am] mhaus : ZOLL
[07:05 am] doji : out 1/2 SLB short
[07:05 am] shark : NFLX test lod[07:06 am]
doji : AKAM S
[07:06 am] shark : SPY new lod[07:06 am]
mikewd2 -: VXX on the move
[07:07 am] joeytsa : existing home sales
came in just under expected
[07:08 am] shark : watch SPY to see if holds
130.00
[07:08 am] doji : 131 shark
[07:08 am] joeytsa : shark: where do you
have the SPY..i have 131
[07:09 am] joeytsa : thanks doji…es trying
to hold that 1305
[07:09 am] shark : 130 as a psychological
round # area
[07:10 am] doji : wow oil almost 2% down
[07:10 am] shark : GOOG broke resistance
588.40 area. Vol good
[07:10 am] joeytsa : esp is MNST pushes thru
102.66 area
[07:11 am] joeytsa : VIX at 19.66
[07:11 am] joeytsa : love those all-time
highs
[07:12 am] joeytsa : they USUALLY make for a
nice swing..in a normal market 🙂
[07:12 am] mikewd2 -: how you playing MNST,
joey?
[07:13 am] joeytsa : this would be a swing
for me….
[07:13 am] mikewd2 -: long or short
[07:13 am] joeytsa : don’t like entering a
swing on a friday though…
[07:13 am] joeytsa : long
[07:13 am] mikewd2 -: ok, that’s what i
thought
[07:14 am] mikewd2 -: the “cramer” theory!
[07:14 am] joeytsa : up $1 quick after the
break above prev hi
[07:14 am] joeytsa : long b4 cramer
theory
[07:15 am] joeytsa : darvis, o’neill like
these also
[07:15 am] mhaus : Goldman upgrades MNST
[07:15 am] skydiver : no new news on The Fly
on the Wall for MNST
[07:15 am] joeytsa : think it’s just the
break higher
[07:15 am] joeytsa : lack of overhead
supply?
[07:15 am] rusty : BVSN 27’s
[07:16 am] shark : that’s for sure joey
[07:16 am] shark : BVSN used to be over
$2000/share
[07:16 am] lightning : did they have a 100:1
split?
[07:16 am] lightning : sorry 1:100 split?
[07:16 am] observer : SLW screaming
[07:17 am] skydiver : MNST had a 2 for 1
stock split on Jan. 11th and Jan 17 Goldman
has target at $124 – MNST
[07:17 am] shark : no
[07:17 am] joeytsa : i like it more when
there is longer time between current new high
and previous
[07:17 am] shark : lost 99% of value
[07:17 am] apple : me too, joey
[07:17 am] shark : GOOG near hod
resistance
[07:18 am] joeytsa : GOOG has a LONG way to
close that gap haha[07:18 am] skydiver :
nothing showing Mitch on The Fly on the Wall
–
[07:18 am] shark : hey…it’s only 7.81% to
go
[07:18 am] skydiver : for today
[07:18 am] joeytsa : CF making noise today
also
[07:18 am] skydiver : on MNST
[07:18 am] joeytsa : another repeat
player
[07:19 am] rusty : ASIA radar
[07:20 am] lightning : ASIA a buyout
story
[07:21 am] rusty : from Chinese govt[07:21
am] skydiver : thnx for the info rusty on
ASIA
[07:23 am] shark : WTW
[07:24 am] rusty : no price mentioned on
that buyout and ASIA was in 6’s not long
ago
[07:25 am] rusty : something doesn’t feel
right there
[07:25 am] lightning : ASIA:
AsiaInfo-Linkage announced that its Board of
Directors has received a non-binding proposal
letter from Power Joy Cayman Ltd, a wholly
owned subsidiary of CITIC Capital China
Partners II, L.P., pursuant to which Power
Joy proposes to acquire all of the
outstanding shares of common stock of
AsiaInfo-Linkage in cash at a price which
represents a premium over the current stock
price.
[07:25 am] lightning : as rusty said, no
price given
[07:26 am] shark : stock charts for the GOP
candidates on CNBC?
[07:26 am] apple : SINA
[07:26 am] apple : hod[07:26 am] skydiver :
lol Mitch 🙂
[07:26 am] rusty : BVSN Alert
[07:26 am] skydiver : nice busy morning
[07:26 am] apple : good for you MK
[07:26 am] doji : ATL dropping
[07:27 am] Kris : you see the name of the
founder of Megaupload Ltd.
[07:27 am] apple : SHLD hod[07:27 am] Kris :
Kim Dotcom
[07:27 am] Kris : lol[07:27 am] shark :
yeah….. lol[07:28 am] shark : CRM
[07:29 am] shark : CRM joey
[07:29 am] doji : SINA parabolic
[07:29 am] joeytsa : thanks shark..missed
it, was on CF
[07:29 am] apple : doji i am waiting…
[07:29 am] skydiver : CRM dropped fast
[07:30 am] joeytsa : yeah it did..right to
the prev cl
[07:30 am] skydiver : yep
[07:30 am] shark : no love from joey CRM
[07:30 am] shark : NFLX dropping
[07:31 am] joeytsa : haha, CRM still
visible, was looking at my “B” list
[07:31 am] doji : NFLX weak today… closed
when it couldn’t break 105
[07:31 am] shark : oh good, doji 🙂
[07:31 am] joeytsa : yeah doji..failed at
yesterday hi
[07:31 am] skydiver : WLT – take over
chatter
[07:34 am] joeytsa : BIDU looking good
[07:34 am] mikewd2 -: SINA still strong
[07:35 am] joeytsa : nice chart on BIDU
[07:36 am] mhaus : PH
[07:36 am] joeytsa : KO declares Q1 dividend
of 25cents for those who are into
that….they also have weeklys hint
hint[07:36 am] mhaus : BTU
[07:38 am] doji : SHLD really moving strong
since 1/11
[07:38 am] joeytsa : yeah, esp since they
have been a dog since 4/10
[07:40 am] joeytsa : WLT cracked
[07:40 am] jimmyp : wlt top of 66.64
[07:40 am] skydiver : S WLT 65.71
[07:41 am] rusty : NSRS “investors” getting
whacked today
[07:41 am] skydiver : out 1/2 WLT 65.09
[07:41 am] skydiver : moving stop down to
BE
[07:42 am] rusty : covered ACHN short
swingtrade[07:42 am] skydiver : yes indeed
Mitch
[07:43 am] Mitch K: ACHN looks like a
bullshort chart, pretty much over though
[07:44 am] Mitch K: Rusty, you should tell me
when you have BS charts, im the King of BS
[07:44 am] mikewd2 -: don’t understand LNG
today
[07:44 am] zentrader : nicy rusty – I still
have 1/3 position short on that ACHN. was
sweet, aye?
[07:44 am] Mitch K: mike LNG is CHinese isnt
it?
[07:45 am] mikewd2 -: yes, but natural gas
–
[07:45 am] zentrader : I went short on ACHN
at 11.80 then it shot up and i added to it at
12.55
[07:45 am] zentrader : and have been
enjoying the ride down ever since 🙂
[07:45 am] joeytsa : nice zen[07:45 am]
skydiver : all out of WLT 65.38 S — Out of
time – hate to go – but might see you all
around closing
[07:45 am] mikewd2 -: moved stop on ATLS to
slight profit
[07:46 am] skydiver : Great morning! Thnx
Mitch, Kris, Ed, and all you good
traders!!!
[07:46 am] Ed : take care sky
[07:47 am] joeytsa : CELG another steady
climber
[07:48 am] apple : very nice on CELG missed
it…
[07:48 am] mikewd2 -: stopped on ATLS small
profit
[07:48 am] joeytsa : keep the good ones
coming, see you in 20
[07:48 am] doji : I did well in SLB swing
turned into short and then long again thanks
to Mr. Crammer… hahaha[07:49 am] doji :
HAL reports on 1/23 but with the issue with
BP and the oil price dropping I don’t think
their earnings will be better than SLB
[07:51 am] mikewd2 -: Cliffs, ArcelorMittal
rumored to have interest in Walter, Coal
& Energy says
[07:52 am] rusty : SODA radar
[07:54 am] rusty : The Supreme Court on
Friday ruled in a Texas political dispute,
rejecting judge-drawn election maps favoring
minority candidates and Democrats in the 2012
congressional and state legislature
elections.
[07:58 am] rusty : NSRS lod[07:59 am] rusty
: The police arrived at Dotcom Mansion in
Auckland on Friday morning in two
helicopters. Mr. Dotcom, a 37-year-old with
dual Finnish and German citizenship,
retreated into a safe room, and the police
had to cut their way in. He was eventually
arrested with a firearm close by that the
police said appeared to be a shortened
shotgun.
[08:00 am] shark : nice 2% move off bottom
-ISRG
[08:01 am] apple : there goes SINA
[08:01 am] doji : SINA hod[08:01 am] khall
: go SINA go
[08:03 am] shark : NFLX moving over 50 min
ma
[08:04 am] shark : SPY new lod[08:04 am]
doji : SPY lod[08:04 am] doji : SHLD new
hod[08:04 am] doji : wow
[08:07 am] observer : SLW new hod[08:08 am]
lightning : S CELG
[08:08 am] doji : SHLD resistance at 50 but
it looks it will break it if not today on
Monday
[08:11 am] apple : GMCR hod[08:11 am]
joeytsa : SHLD been on a nice run
[08:12 am] shark : IVY Zellman -she called
the RE top, now she’s calling the bottom
-CNBC after break
[08:12 am] joeytsa : this should be
good..you’re in re right shark?
[08:13 am] shark : yup
[08:13 am] shark : lots…
[08:15 am] rusty : Sam Zell was one of the
few who called a real estate top
[08:15 am] lisas : tleo approaching
significant long term level
[08:15 am] shark : I called the top!
[08:15 am] shark : down to the MONTH
[08:15 am] rusty : how come everyone says
they called the top after the top
occurred?
[08:15 am] lightning : covered 1/2 CELG
short
[08:16 am] joeytsa : what i want to know is
how many times did they call the top b4 they
called it correctly
[08:16 am] rusty : but before the top most
people were long
[08:16 am] mhaus : CELG
[08:17 am] rusty :
http://www.amazon.com/Are-Missing-Real-Estate
-Boom/dp/0385514344#reader_0385514344
[08:17 am] rusty : guy who wrote that book
was the top expert at the Natl Association of
Realtors, rofl[08:17 am] joeytsa : i am
calling for the top in the euro…at least
until the next top..and the one after
that..but when it falls, you heard it from me
1st 🙂
[08:18 am] shark : lol[08:18 am] apple :
TLEO lod[08:18 am] shark : I read the
reviews on that book rusty!
[08:19 am] joeytsa : this girl might be
right, but calling a bottom and calling an up
move can be 2 totally different things
[08:19 am] shark : people say calling a top
is harder
[08:19 am] shark : but a climax run is easy
to spot
[08:20 am] shark : bouncing around the
bottom and moving up slowly, much more
challenging
[08:20 am] rusty : never underestimate the
stupidity of the masses
[08:20 am] doji : SHLD moving again
[08:20 am] joeytsa : lightning: nice short
on CELG if you still have it
[08:20 am] qwert : there goes shld[08:20 am]
doji : I called the hod on SHLD by the
way…. hahaha[08:20 am] shark : Plus, RE
usually starts back up VERY slowly, and GAINS
momentum in subsequent years
[08:21 am] lightning : still in 1/2 CELG
short…though may be out in a minute
[08:21 am] doji : Here it comes to break
50
[08:21 am] joeytsa : nice trading
[08:21 am] lightning : not yet, please
[08:23 am] joeytsa : biggest issue re faces
is still lack of jobs + large population
shift to retirement/downsizing
[08:23 am] shark : agreed
[08:23 am] shark : if interest rates go back
up, that will put pressure on prices too
[08:23 am] joeytsa : right
[08:25 am] doji : SHLD Jan 47.5 Call rises
11,400%
[08:26 am] apple : SHLD will hit 50
sood[08:26 am] apple : like now
[08:26 am] doji : yeah Apple
[08:26 am] shark : haha[08:27 am] shark :
Eddie Lampert buying up the left over shares
?
[08:27 am] doji : SHLD just keep giving
[08:28 am] lightning : OK, covered rest of
CELG short.
[08:29 am] apple : SINA moving
[08:29 am] apple : good job lite
[08:32 am] rusty : DLTR lod[08:32 am] rusty
: pardon not lod, bad print
[08:32 am] qwert : kris since the low is so
close to 17 will you wait for it to break
below on rimm[08:32 am] joeytsa : thanks
Brent, ES trying to hold 1305
[08:32 am] rusty : HGT hod[08:33 am] doji :
If NFLX breaks 100 then it could get back to
90…
[08:33 am] shark : and then 50
[08:34 am] doji : Yes… at 105 and bottom
at 90…
[08:34 am] doji : But that is today,
tomorrow that will be old news and will call
for new top and bottom… hahah[08:38 am]
mikewd2 -: come on down SINA
[08:38 am] joeytsa : 2 big to email..i
tried
[08:38 am] scalpman : OUt 1/2 CELG L From
73.50
[08:40 am] shark : LULU interesting vol – U
turn
[08:41 am] mikewd2 -: Mitch, CELG short?
[08:41 am] mikewd2 -: soon
[08:41 am] apple : nice turn on LULU
[08:41 am] joeytsa : GS quick spike into
prev high
[08:43 am] joeytsa : BIDU keeps banging head
just under prev cl
[08:43 am] shark : Apple, looks like someone
put the brakes on that down trend and forced
it up
[08:43 am] apple : doesn’t it tho?
[08:44 am] apple : like those moves on GS
joey
[08:45 am] mhaus : RBN
[08:45 am] qwert : rimm at 17
[08:47 am] mhaus : BVSN moving down
[08:48 am] joeytsa : BLK giving it all back
from yesterday
[08:49 am] shark : whoa! BLK
[08:50 am] joeytsa : BLK had a decent day
yesterday, think it was due to earnings
[08:51 am] shark : If you look at 30 min
-BLK -yesterday was really a pullback from
the down trend
[08:52 am] joeytsa : exactly
[08:52 am] shark : LULU intraday volume
spike attributed to exec comments at CIBC
Whistler Investor Conference
[08:53 am] joeytsa : BLK daily, might be a
pullback to uptrend support?
[08:53 am] joeytsa : but looks a bit
overbought to me
[08:54 am] apple : joey you are such a
multi-tasker!!
[08:54 am] mikewd2 -: Netflix price target
raised to $125 from $120 at B. Riley
[08:54 am] joeytsa : haha..it’s just that
stocks usually have multiple trends going on
at the same time
[08:56 am] doji : Back from lunch… SLB
dropping
[08:56 am] shark : it has overhead
resistance at 190 from Jul-Aug 2011
[08:56 am] joeytsa : yeah, then 200+ res
[08:56 am] shark : EXACTLY
[08:57 am] joeytsa : I’m not swinging it
yet, but i can live with 8-9pts upside
[08:57 am] shark : what’s the downside?
[08:58 am] joeytsa : for a swing, i like
3-1..so i would put my stop at 178…if i
took it here, which i wont
[08:58 am] doji : Oil down no 2.25%
[08:58 am] shark : ok
[08:58 am] shark : yeah, no clear bottom at
this juncture
[08:58 am] mikewd2 -: hoping for lower low on
SINA on this fall
[08:59 am] joeytsa : would have to adjust
share size to keep within my 2% max loss
[09:00 am] joeytsa : GS making mini-flag?
[09:00 am] apple : looks like it
[09:00 am] joeytsa : just don’t like where
its sitting on the chart
[09:01 am] apple : why
[09:01 am] joeytsa : RBN 2nd leg down
[09:01 am] joeytsa : missed it, nice time
lag
[09:01 am] mikewd2 -: ATLS continues
higher
[09:01 am] rusty : Does Najarian ever make a
bad trade?
[09:02 am] joeytsa : GS apple? in between
s/r
[09:02 am] mikewd2 -: never
[09:02 am] shark : Najarian bought OTM calls
and puts on GOOG
[09:02 am] joeytsa : was that jon or
pete?
[09:02 am] rusty : Najarian always seems to
be on the right side of the trade
[09:02 am] mikewd2 -: jon[09:03 am] joeytsa
: apple: GS has res around 109, breakout area
was 108.80
[09:03 am] shark : i often take their most
passionate trades
[09:05 am] shark : you nailed IBM joey-did
you trade it?
[09:06 am] scalpman : Time to go…I had a
couple of red days, I changed my strategy and
started at the open.
[09:06 am] joeytsa : had small position
earlier
[09:06 am] Ed : take care scalp
[09:07 am] scalpman : Today I started at
10:30 est…and still had one bad trade but
ended up green.
[09:08 am] joeytsa : if BIDU holds prev cl,
might be worth a shot
[09:08 am] scalpman : So, it was kind of a
test.
[09:08 am] scalpman : I think I had to test
my strategy…and I will stick with the later
start.
[09:09 am] shark : no such thing as a BAD
trade scalp -that implies emotion
[09:09 am] scalpman : Thanks for all the
good ideas to day…See you Monday!
[09:09 am] joeytsa : good job scalp…find
what works best for you
[09:09 am] shark : only a trade that goes
against you
[09:09 am] scalpman : Not a bad trade, then
shark, but not well executed
[09:09 am] shark : double check those moving
avgs/stoch/vol[09:09 am] shark : ok 🙂
[09:09 am] shark : no you are growing as a
trader
[09:10 am] shark : now
[09:10 am] shark : and when you grow, we all
grow!
[09:12 am] rusty : uh oh CNBC saying risk on
is here to stay
[09:12 am] lightning : I didn’t know risk
was missing.
[09:14 am] rusty : when vix was near 50 same
guy on CNBC said volatility is here to
stay
[09:14 am] mh : sorry if i missed it but is
there news on RBN
[09:15 am] rusty : now with vix 19 he says
risk on
[09:15 am] lightning : mh, nothing on RBN on
flyonthewall[09:19 am] joeytsa : well, BIDU
turned into a nice pile of meh
[09:20 am] joeytsa : yep…$124 level to
watch on BIDU
[09:23 am] lisas : tleo also payed, I’m up
over 4% on last quarter
[09:24 am] victor51 : Thanks Mitch. I stayed
S on Tleo. It ‘s working beautiful
[09:24 am] mikewd2 -: analyst liking WFT –
might be time to dump my longs – lol[09:25
am] lightning : P spike
[09:25 am] qwert : watching dpz[09:26 am] mh
: short celg 74.15
[09:38 am] doji : Mike, SLB set the bar high
today so if WFT, BHI or HAL doesn’t report
similar results, then they may be in
trouble
[09:39 am] mikewd2 -: ur probably right
[09:39 am] mikewd2 -: can’t see how they
don’t make money, oil services are
booming.
[09:39 am] mikewd2 -: my son works in that
industry
[09:40 am] doji : Yeah but if the oil price
remains at 100 or below then they revenues as
services co. got affected
[09:41 am] doji : FSLR turning down
[09:41 am] rusty : CNBC buying vix puts
[09:41 am] rusty : after buying vix calls at
50
[09:41 am] mikewd2 -: yeah, i’m holding my
VXX – not too worried.
[09:42 am] shark : and huge Feb 30-35 Call
spread buy
[09:43 am] mikewd2 -: RBCN spike down
[09:49 am] doji : Market Watch News: With
GOOG off 8%, how exposed are MF holdings?
[09:50 am] mikewd2 -: RBN rebounding a bit
[09:50 am] lightning : no doubt nearly every
large cap mutual fund holds GOOG, generally a
little above or a little below its weight in
the SPY
[09:55 am] observer : “nutty”article on
Diamond Foods (nuts) at
americanvisionnews.com surprised stock is not
tanking
[09:58 am] qwert : amzn lod[09:59 am] qwert
: amzn on 50sma daily
[10:03 am] shark : NFLX hitting lod area
[10:05 am] doji : NFLX approaching 100
[10:06 am] doji : DMND approaching lod
Observer…
[10:06 am] observer : yes, I have been
watching, doji. Maybe the word is getting
out, thx
[10:08 am] doji : What does the article say
about DMND Observer?
[10:09 am] observer : the FDA is threatening
to seize DMND for false claims about the
nutritional value of nuts. Yhey are
classifying nuts as a drug. No joke!
[10:09 am] doji : NFLX lost 100
[10:09 am] shark : 🙂
[10:10 am] doji : Next support at 97 as far
as I know
[10:13 am] mikewd2 -: Baker Hughes reports
U.S. rig count at 2008, Canadian rig count at
654Baker Hughes reported U.S. …[10:15 am]
apple : NFLX broke 100 again
[10:16 am] shark : GOOG near lod[10:18 am]
mikewd2 -: Southeastern Asset Management
reports 9.9% stake in Vulcan Materials
[10:19 am] doji : VMC jsut broke hod[10:20
am] doji : NFLX got back above 100 but will
low volume….
[10:20 am] apple : nice move on CELG
[10:21 am] apple : nice chart on VMC
doji[10:22 am] doji : Short 42.5 VMC
[10:23 am] doji : I think little too
early… tight stop
[10:23 am] doji : stopped
[10:23 am] apple : good
[10:24 am] rusty :
http://blogs.wsj.com/deals/2012/01/20/shareho
lder-backs-martin-marietta-vulcan-deal/
[10:28 am] rusty : ACHN lod[10:29 am] doji
: VMC getting interesting
[10:30 am] apple : SNA hod[10:30 am] doji :
VMC S
[10:31 am] doji : 42.81
[10:31 am] apple : SINA
[10:33 am] mikewd2 -: what’s your stop
doji[10:34 am] mikewd2 -: on VMC
[10:36 am] rusty : might be time to sell a
few VXX puts
[10:38 am] doji : Above 43 Mike… still
holding… hope the market makers don’t
“flush” my stop
[10:39 am] mikewd2 -: haven’t moved in but
watching closely
[10:39 am] doji : Don;t like VMC there
Mike…
[10:41 am] mikewd2 -: we missed it didn’t we
Mitch?
[10:42 am] eyes : it has a 80 cent spread
Mitch
[10:42 am] mikewd2 -: i show 0.43 spread
[10:43 am] eyes : it was 80
[10:43 am] mikewd2 -: yeah, it’s a lot
[10:44 am] rusty : Mitch where are you
finding BVSN to short?
[10:45 am] rusty : I’ve been having a tough
time borrowing it
[10:45 am] eyes : VMC looking Juice
[10:45 am] doji : Now VMC is behaving
[10:46 am] apple : finally
[10:46 am] mikewd2 -: no shares at TS
[10:46 am] rusty : anyone here have a broker
with BVSN borrow?
[10:47 am] doji : GMCR lod[10:47 am] joeytsa
: BVSN on the T list at lightspeed[10:47 am]
apple : MK took all the shares
[10:49 am] mikewd2 -: VMC S 42.94
[10:49 am] joeytsa : market bouncing in the
same range all day
[10:50 am] doji : I am closing VMC here
Mike… good luck
[10:51 am] rusty : s VMC on doji closing hi
s
[10:51 am] mikewd2 -: i have a pretty tight
stop, looks like a top in the 3min chart
[10:52 am] joeytsa : VIX sitting at 18.89
[10:52 am] victor51 : can’t find BVSN either
on Fidelity or Trade station. Any other
choices?
[10:52 am] rusty : some nice premiums on VIX
puts
[10:52 am] rusty : VXX puts
[10:52 am] mikewd2 -: Mitch did you get BVSN
shares to short??
[10:53 am] joeytsa : as of yesterdays close
83% of stocks were trading above 50ma
[10:53 am] khall : that’s a large percentage
Joey
[10:53 am] joeytsa : 68% above 150ma
[10:54 am] eyes : Kris any thoughts on Price
action on VMC
[10:54 am] joeytsa : yeah, but like Mitch
reminds us on the dsr…stocks can stay
overbought a long time
[10:55 am] khall : true, true. It does make
one wonder though
[10:55 am] rusty : look at BVSN in a year
[10:55 am] joeytsa : the NYSE BPI chart has
risen every trading day this year so far
[10:55 am] khall : it will be an interesting
year, that’s for certain
[10:56 am] joeytsa : been on p&af buy
signals all year also, and no o
columns…pretty strong.
[10:56 am] joeytsa : a change there might be
significant..will keep you updated 🙂
[10:57 am] joeytsa : takes a large move to
switch columns
[10:57 am] mikewd2 -: rusty, which puts are
you considering selling?
[10:57 am] mikewd2 -: just curious, i’m not
following you on that.
[10:57 am] jimmyp : what was the news with
vmc[10:57 am] victor51 : Hi Joey Does it
make sense to hos FOSL short over the week
end or just take small profit and run. It’s
dropping pretty good
[10:57 am] mikewd2 -: Southeastern Asset
Management reports 9.9% stake in Vulcan
Materials
[10:57 am] rusty : am look at 31-32 puts
[10:57 am] mikewd2 -: on VXX, right?
[10:57 am] joeytsa : not sure
victor..haven’t really looked at it
[10:59 am] Ed : AAPL has a nice chart
[10:59 am] rusty : NY Bullish Percent
[10:59 am] apple : for sure E, look at it go
down…
[10:59 am] mikewd2 -: rusty, u looking at jan
27th, or feb puts?
[11:00 am] rusty : Feb
[11:00 am] mikewd2 -: those look nice
[11:00 am] rusty : if we get a push up on
the close I’m thinking of selling them
[11:01 am] Ed : juicy premiums
[11:01 am] joeytsa : rusty: i use $NYA150R
and $NYA50R on stockcharts[11:01 am] mikewd2
-: oh, you’re already in
[11:02 am] mikewd2 -: never mind, selling
them – i understand
[11:02 am] rusty : so the 31’s for
example… premium is about 4….reduces your
basis on VXX to 27
[11:02 am] mikewd2 -: yep
[11:03 am] rusty : yeah, like those charts
also joey
[11:04 am] mhaus : GDI
[11:04 am] doji : VMC…..just frozen
[11:04 am] mikewd2 -: getting worried about
VMC
[11:04 am] mikewd2 -: GDI nice
[11:04 am] joeytsa : they are almost like
the T2108 chart that Mitch shows from time to
time
[11:05 am] joeytsa : just in p&f
form…quiets the noise
[11:05 am] joeytsa : takes “time” out of the
equation
[11:06 am] joeytsa : Ed: nice bounce on
AAPL
[11:06 am] Ed : yep
[11:06 am] doji : VMC moving up
[11:07 am] rusty : HGT creeping up hod[11:07
am] mikewd2 -: my stop on VMC 43.16
[11:07 am] mikewd2 -: getting close
[11:08 am] doji : VMC moving with volume
Mike
[11:08 am] joeytsa : mike, you short?
[11:08 am] mikewd2 -: yes
[11:08 am] doji : VMC L
[11:09 am] doji : GDI L sorry
[11:09 am] doji : 71,31
[11:09 am] mikewd2 -: nice doji, i missed
[11:09 am] eyes : Have you seen the Daily on
BVSN looks lik[11:09 am] joeytsa : MTN quick
spike
[11:10 am] joeytsa : nice upcurve eyes
[11:11 am] rusty : VIX weekly
http://stockcharts.com/h-sc/ui?s=$VIX&
;p=W&yr=2&mn=0&dy=0&a;
mp;amp;id=p90656993598
[11:13 am] qwert : volume on gdi much higher
now than when it was dropping
[11:13 am] mikewd2 -: VIX still looks weak
yes rusty?
[11:14 am] mikewd2 -: VMC turning over
[11:14 am] rusty : yes…best time to enter
is often od
[11:14 am] rusty : eod[11:14 am] rusty :
and/or if market suddenly pushes higher
[11:14 am] mikewd2 -: good point
[11:14 am] rusty : i prefer to buy it when
everyone is selling
[11:15 am] rusty : and then average into it
as necessary
[11:15 am] doji : What stock are you talking
about Rusty?
[11:15 am] mikewd2 -: missed GDI at 71.00,
would have been nice.
[11:17 am] mikewd2 -: doji, we were talking
about VXX and selling puts
[11:17 am] apple : good one on GDI
doji[11:18 am] doji : out GDI 1/2
[11:18 am] mikewd2 -: very nice doji[11:18
am] mikewd2 -: nice call mhaus[11:21 am] doji
: Thanks mhaus for GDI
[11:23 am] qwert : gdi nice thx mhaus[11:27
am] joeytsa : is it me, or is volume really
low today?
[11:28 am] mikewd2 -: VMC wants to die, i
know it
[11:28 am] eyes : VMC how low can you go
[11:29 am] qwert : eyes u short vmc[11:29
am] doji : Juts shoot it on the head
[11:29 am] eyes : yes
[11:30 am] qwert : nice!
[11:30 am] rusty : GOOG lod[11:31 am] doji
: NFLX approaching 100 again
[11:33 am] mikewd2 -: CRM at support
[11:34 am] joeytsa : high priced, but ISRG
has made a nice move off the lows
[11:35 am] joeytsa : yeah mike: multi bottom
here
[11:36 am] mikewd2 -: CRM broke support
[11:36 am] doji : SPY dropping
[11:38 am] joeytsa : the ES still holding
1305 support
[11:44 am] mikewd2 -: i guess eyes covered
VMC?
[11:52 am] rusty :
http://phrasegenerator.com/finance
[11:52 am] joeytsa : Ed: AAPL has been
playing by the rules nicely 🙂
[11:53 am] Ed : been nicey[11:53 am] joeytsa
: now if all stocks would just follow the
rules….
[11:57 am] shark : there goes the AAPL right
to the lower strike
[11:58 am] mhaus : WPI spike
[11:59 am] joeytsa : not sure if correct, or
how it will affect us..but i think chinese
markets are closed all next week?
[12:00 pm] mhaus : I believe it is 22~24
[12:00 pm] joeytsa : might put a little more
emphasis on europe[12:00 pm] shark : maybe
affect us more after they open ad re-adjust
after a week of closing
[12:02 pm] shark : MNST took off again…
[12:03 pm] mhaus : China markets closed 23
to 27
[12:04 pm] khall : Joey, what do you think
about a small short swing on NFLX?
[12:04 pm] shark : that pretty much covers
the week
[12:04 pm] joeytsa : yeah..we paid for them
haha[12:04 pm] mhaus : LOL
[12:04 pm] shark : haha[12:04 pm] shark :
NFLX bottoming here
[12:05 pm] shark : see if it breaks
khall[12:05 pm] khall : Okay, thanks shark.
I was kind of waiting till end of day to see
if it moved off the $100 mark
[12:05 pm] doji : SPY moving since 3
[12:05 pm] doji : PM
[12:05 pm] doji : Seem like it wants to
close at the hod[12:05 pm] shark : NFLX
-earnings Wed after the bell, I believe
[12:06 pm] joeytsa : khall: my swing trading
is a bit different…so i may not be the best
to ask
[12:08 pm] joeytsa : khall: i like to see
the short trend in the same direction as the
intermediate trend on swings…so i miss a
lot of plays
[12:10 pm] go4it : I got Nflx S in d/t acct
and L in Roth acct does this make sense?
[12:11 pm] shark : hmmmmm….
[12:12 pm] rusty : Warren Buffet& If
you have to hedge you don’t know which way
you’re going
[12:12 pm] shark : maybe not in the short
term…rusty
[12:12 pm] go4it : couldn’t be truer
[12:13 pm] mhaus : that’s why I day trade
[12:13 pm] rusty : gl on both side go4it
[12:15 pm] go4it : I figure maybe i can
close both in the green
[12:16 pm] shark : SLV is pushing up through
50 day MA on a pocket pivot volume signature,
move. Could signal at least an intermediate
term move by SLV up to the 200-dma
[12:16 pm] rusty : BAC 7’s
[12:16 pm] joeytsa : shark: are you using
sma or ema?
[12:17 pm] shark : sma[12:17 pm] doji : bac
back to 7
[12:18 pm] scalpman : back to take a
look!
[12:18 pm] joeytsa : MDVN alert
[12:18 pm] skydiver : watching MDVN
[12:19 pm] shark : GOOG doing swan dive
[12:20 pm] joeytsa : MDVN kept testing that
prev low..nice collapse
[12:25 pm] rusty : CNBC: Nasdaq will likely
go up or down from here
[12:25 pm] skydiver : Don’t like the drop in
volume on MDVN but went Long on MDVN anyway
—
[12:25 pm] skydiver : out 1/2 MDVN
[12:26 pm] lisas : rusty, glad to hear! Nice
to have CNBC to tell us these things
[12:26 pm] skydiver : moving stop up on
MDVN
[12:28 pm] skydiver : reducing another 1/4
MDVN 52.23
[12:28 pm] joeytsa : they truly are #1 in
stocks
[12:28 pm] skydiver : 51.23 – sorry
[12:29 pm] khall : nice little trade MDVN
[12:29 pm] joeytsa : was there news on
MDVN?
[12:29 pm] doji : SHLD moving
[12:35 pm] skydiver : sold last 1/4 MDVN
51.08
[12:36 pm] skydiver : not sure which way
MDVN was going to go from here. Watching it
however
[12:40 pm] skydiver : Well – I just jumped
in fast after being at a funeral. Made .29
per share on MDVN Long –
[12:40 pm] skydiver : pocket change, but
change anyway 🙂
[12:41 pm] skydiver : This morning trading
was fantastic. Has it been slow most of the
day after this morning?
[12:41 pm] Ed : nice trade sky
[12:41 pm] skydiver : hey – thnx ed for the
call
[12:41 pm] joeytsa : kind slow for opx day
seems to me
[12:42 pm] Ed : no problem
[12:42 pm] Ed : would agree, very slow
[12:42 pm] skydiver : well, that’s what I
was thinking joey — I jumped on hoping to
see things hopping – but . . .
[12:43 pm] joeytsa : even my tick counter on
my ES charts are slow
[12:43 pm] skydiver : really joey? wow
[12:44 pm] joeytsa : for my charts to have
2+ hours of data showing..that’s pretty low
vol day
[12:45 pm] joeytsa : trying for 1310
again
[12:45 pm] rusty : SPY volume very low today
94M
[12:45 pm] skydiver : TZA on one minute
chart had nice rounded bottom, went up and
just now dropped
[12:45 pm] joeytsa : yeah rusty..i use a 578
tick, stuck in the mud
[12:45 pm] skydiver : no money in it
tho[12:46 pm] doji : TZA 52 week low
today… Rusty, are you in TZA?
[12:47 pm] skydiver : thnx for the info on
GDI swing Kris
[12:49 pm] shark : TNA rocketing
[12:50 pm] rusty : there’s the eod pop
[12:50 pm] rusty : like clockwork
[12:50 pm] qwert : wow nice bounce for
goog[12:53 pm] qwert : bye everybody have a
great weekend awesome calls this week
[12:53 pm] Ed : c ya qwert[12:58 pm] skydiver
: almost shorted CRM – missed it
[12:58 pm] skydiver : time was getting too
close to closing
[12:58 pm] rusty : going to try to wait for
one more push down on the vix to start vxx
swing
[12:58 pm] victor51 : ed, thanks for dinner
money MDVN
[12:58 pm] joeytsa : i didn’t see it,
already powered down
[12:59 pm] lisas : bye all, thanks Mitch,
Kris, Brent and ED!
[12:59 pm] joeytsa : Thanks
Mitch,Kris,Brent,Ed all traders for the great
calls
[12:59 pm] skydiver : always another day
joey — okay — have a great week-end to you
rusty, and everyone. Need to shut down.
Thanks to TSA and all the great traders
[12:59 pm] skydiver : today Mitch was very
fun 🙂 Thanks!!
[01:01 pm] observer : Thx and a great
weekend Mitch, Ed, Brent, Kris and all
traders.
[01:11 pm] victor51 : I am enjoying trading
and making little money . I thank TSA team
and all traders. Also, Trade Station platform
has made my life much easier. I am glad I am
out of Fidelity. Have a nice weekend and Go
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