[06:04 am] Ed : good morning
[06:21 am] Ed : potential plays long/short
RIMM,PAY,ABX,CHK, SHLD,LEN,CIEN
[06:38 am] Mitch K: sorry guys, technical
problem, 1 min
[06:41 am] Mitch K: watching for short on
ROSG, prefer rebound over 13.60
[06:41 am] Mitch K: watchign ATHN for bottom
to buy
[06:41 am] Mitch K: more downside on SFLY for
short, prefer rebound first
[06:41 am] Mitch K: more downside on OPEN for
possible short
[06:42 am] Mitch K: watching SLXP for
short
[06:42 am] Ed : monitor WYNN for bottom
[06:42 am] Mitch K: watching LVS for bottom
ot buy
[06:42 am] Mitch K: watching FLS for
bottom
[06:42 am] Mitch K: watching for short on
KSU
[06:42 am] Mitch K: watching PAY for bottom
to buy
[06:43 am] Mitch K: watching FSLR for bottom;
take time
[06:43 am] Mitch K: watching FOSL for bottom
to buy
[06:43 am] Mitch K: monitoring FRX; too early
to short
[06:44 am] Mitch K: watyching MPEL for bottom
to buy, take time
[06:44 am] Mitch K: watching PIR for bottom
to buy
[06:44 am] Ed : wathcing PH for bottom to
buy
[06:44 am] Mitch K: i mean it s already
bouncy
[06:44 am] Mitch K: now
[06:44 am] Mitch K: watching TNGO for bottom
to buy, bouncy no
[06:44 am] Mitch K: watching EXPE for bottom
to buy
[06:45 am] Mitch K: watching MDC for bottom
to buy
[06:45 am] Ed : weak PMI number
[06:45 am] Mitch K: watching CL F for bottom
to buy
[06:45 am] Mitch K: watching NFLX for bottom
to buy
[06:46 am] Mitch K: talking recessionary
numbers on PMI
[06:46 am] Mitch K: MOV bouncing
[06:46 am] Mitch K: watching YOKU for
bottom
[06:46 am] Mitch K: PMI 52.7 vs. 56.2 in
April
[06:47 am] Mitch K: still watching OPEN
[06:47 am] Mitch K: VHC good short
[06:47 am] Mitch K: short on VHC soon
[06:48 am] Mitch K: FLS too low vol, cancel,
taking off screen
[06:48 am] Mitch K: watching PAY closer for
bottom
[06:48 am] Mitch K: watching SINA for bottom
to buy
[06:48 am] Mitch K: watching MDC for bottom
to buy
[06:49 am] Mitch K: FB under 28
[06:49 am] Mitch K: FRX toppy for short
[06:49 am] Mitch K: WYNN bouncing, godo for
long
[06:49 am] Mitch K: watching AMZN for bottom
to buy
[06:49 am] Ed : if u took WYNN long would
reduce
[06:50 am] Mitch K: MDC bouncy
[06:50 am] Mitch K: watching FOSL closer
[06:50 am] Mitch K: JOY bouncing
[06:50 am] Mitch K: PIR bouncing
[06:50 am] Ed : more selling inSPY[06:50 am]
Mitch K: watchign AEO for bottom to buy
[06:50 am] Mitch K: looking for 11.50 area on
MPEL long, be flexible
[06:51 am] Mitch K: DLR good one apple, watch
for bottom
[06:51 am] Mitch K: watching CLF closer
[06:51 am] Mitch K: YOKU bouncy
[06:54 am] Mitch K: watching POT for
bottom
[06:54 am] Mitch K: watching MCP for bottom
to buy
[06:54 am] Mitch K: watching FCX for
bottom
[06:55 am] Mitch K: all these stocks i am
posting, most all will bounce, this is good
development
[06:55 am] Mitch K: watching CREE for
bottom
[06:55 am] Mitch K: keep waiting on ATHN for
bottom
[06:55 am] Mitch K: watching OPEN here soon
for bounce
[06:55 am] Mitch K: see if VHC drops to new
low before covering, could go to 33.50 if
goes below 33.80
[06:56 am] Mitch K: watching BRS for
bottom
[06:56 am] Mitch K: if yo are indecisive
which one to pick, LVS is often a good horse
to ride
[06:56 am] Mitch K: we want this sort of
semi-panic going on,
[06:57 am] Mitch K: monitoring GLNG, should
give bottom later for bounce
[06:57 am] Mitch K: more downside on GET but
WAIT for BOUNCE first, 37.50+. if GET keeps
dropping toward 35.25, then would be good for
long bounce
[06:58 am] Mitch K: consider selling half of
PIR if long
[06:58 am] Mitch K: TNGO kind of stuck for
now
[06:58 am] Mitch K: watching AEO closer,
[06:58 am] Mitch K: no hurry on IMPV
[06:58 am] Mitch K: monitor IMPV for top to
short, missed bottom for bounce,
[06:59 am] Mitch K: not real excited at
shorting now, we should get a bounce and will
bring prices up hgiher, sort of like a
incoming tide rises all boats
[06:59 am] Mitch K: watching FCX closer
[07:00 am] Mitch K: looking for 11.45 for
MPEL long
[07:00 am] Mitch K: looking for 23.75+ on
YOKU but peel off a little at a time
[07:00 am] Mitch K: but these bounces should
be pretty strong,
[07:00 am] Mitch K: watching YOKU closer for
sell point,
[07:01 am] Mitch K: watchign CRZO for bottom
to buy
[07:01 am] Mitch K: watching WLL for
bottom
[07:03 am] Mitch K: sell the long and
consider short right away
[07:03 am] Mitch K: sell MOV
[07:03 am] Mitch K: watching FST, low priced,
prefer higher priced stock but watching
[07:04 am] Mitch K: ag-chemical group stocks
worth watching: IPI, AGU, MON, MOS, POT
[07:05 am] Mitch K: watching VHC for 2nd
helping short, around 34.40 area
[07:05 am] Mitch K: lower low on NFLX,
passing on it for awhile
[07:06 am] Mitch K: all these charts are
shape i like for longs at bottom
[07:06 am] Mitch K: watching ROSE for
bottom
[07:07 am] Mitch K: ATHN bouncing
[07:07 am] Mitch K: still watching GET, not
for short but for long
[07:08 am] Mitch K: sell PIR
[07:09 am] Mitch K: if FRX doesnt go below
the 34.35 low, then cover. give it a few min
and if not lower, cover
[07:10 am] Mitch K: watchign FFIV for bottom
to buy
[07:10 am] Mitch K: watching WFT for
bottom
[07:10 am] Mitch K: watching PANL for
bottom
[07:11 am] Mitch K: SPY at low of day (This
is SP-500 index ETF)
[07:13 am] Mitch K: sell MPEL
[07:14 am] Mitch K: for bottom to buy
[07:14 am] Mitch K: watching AFFY
[07:14 am] Mitch K: watching SOHU for
bottom;
[07:15 am] Mitch K: watching ROSE for bounce
soon
[07:15 am] Mitch K: GET bouncing
[07:15 am] Mitch K: forget MOV short, not
turning over, too strong
[07:15 am] Mitch K: YOKU strong, i wouldnt
sell yet
[07:17 am] Mitch K: target for GET is 37.50
area, be flexible
[07:17 am] Mitch K: watching GLNG for
bounce
[07:18 am] Mitch K: GLNG trying to bottom
[07:18 am] Mitch K: IMPV toppy
[07:18 am] Mitch K: watching REGN for bottom
to buy, dont forget this one
[07:19 am] Mitch K: watching RAL, lower vol
but worth watching, Ralston Purina dog food i
think
[07:20 am] Mitch K: i mean there are a lot of
good ones, more than normal
[07:20 am] Mitch K: i like this group of
stock ideas posted so far, almost all of
them
[07:21 am] Mitch K: YOKU still strong, no
sell signal yet
[07:21 am] Mitch K: watching BMC for bottom,
take time
[07:22 am] Mitch K: not trusting ATHN bounce
yet
[07:22 am] Mitch K: CLF trying to bounce
[07:22 am] Mitch K: CRZO bouncing
[07:22 am] Mitch K: be flexible on that
[07:22 am] Mitch K: looking for 43.40 on WLL,
WHIting Petrol
[07:23 am] Mitch K: JOY might turn into
trending stock up today, looks like it
[07:23 am] Mitch K: joy bouncing; looking for
56+
[07:23 am] Mitch K: ROSE bouncing, looking
for just under 39; be flexible
[07:24 am] Mitch K: watching MELI closer
[07:25 am] Mitch K: PANL bouncing
[07:25 am] Mitch K: consider selling half or
more of TNGO long
[07:27 am] Mitch K: the auto car rental
companies spiking hard: DTG, HTZ
[07:28 am] Mitch K: that is one good group of
stock ideas, i like today so far
[07:29 am] Mitch K: YOKU a little toppy
[07:29 am] Mitch K: i liked todays stock
ideas so much i turned on another computer,
more screens. now looking at 53 charts,
lol[07:30 am] Mitch K: id sell YOKU if
long
[07:30 am] Mitch K: YOKU toppy
[07:30 am] Mitch K: oh sorry i forgot to call
you yesterday joey
[07:31 am] Mitch K: bs = bullshort, like
ROSG
[07:31 am] Mitch K: you guys sure bs a lot
[07:32 am] Mitch K: FB approaching 27
[07:33 am] Mitch K: consider staying with JOY
long
[07:33 am] Mitch K: not looking good on FB
[07:36 am] Mitch K: good eye apple
[07:39 am] Mitch K: lower lows on GMCR
[07:39 am] Mitch K: seeing more buying,
should be slow at first with that kind of
fear
[07:47 am] Ed : SPY pulling back, see if sets
up higher low
[07:48 am] Ed : SPY new lod[07:52 am] Mitch
K: how did you guys do on IMPV short? I hope
you didnt forget that short
[07:57 am] Ed : getting nice bouunce in
SPY
[08:15 am] Mitch K: hope you guys did good on
TNGO, was stuck at bottom for a little bit
earlier
[08:18 am] Mitch K: MWE trying to bounce
[08:18 am] Mitch K: watching CLR for bottom,
COntinental Resources
[08:35 am] Ed : 1st time internals hit
+1153
[08:35 am] Ed : gettin nice bounce in SPY
[08:37 am] Mitch K: looking for JOY to
bounce,looking for 71 area on CLR bounce, be
flexible
[09:02 am] Mitch K: my response: WOrry about
stock market because family won’t eat
[09:02 am] Mitch K: i just opened another
fortune cookie from CHinese food take out
last night. Don’t worry about the stock
market. Invest in family.
[09:20 am] Mitch K: good practice to keep SPY
chart up in same spot each day
[09:20 am] Mitch K: would not be surprising
to see markets turn green toward end of
day
[09:26 am] Mitch K: CLR still strong, 72 next
target
[09:39 am] Mitch K: sell signal on CLR
[09:40 am] Mitch K: not sure if mentioned
AFFY but consider selling if long
[09:40 am] Mitch K: not a short, just a sell
long signal
[09:56 am] Mitch K: higher highs on CLR
[10:08 am] Mitch K: SP 500 turned green
[10:24 am] Ed : getting pullback in SPY
[10:26 am] Ed : AMZN following SPY
[10:26 am] Mitch K: Dow30 in the green
[10:47 am] Ed : advanced trade watching END
for short
[10:51 am] Ed : halted again END
[10:51 am] Ed : be patient
[10:53 am] Ed : passing on short, looks like
aquisition is completed on END
[10:59 am] Ed : if u took END short would
cover some here
[11:00 am] Mitch K: crude oil has been down
19 out of the last 20 trading days
[11:00 am] Ed : be nimble
[11:36 am] Ed : MDVN alert
[11:38 am] Ed : if u were able to get MDVN
long would reduce
[12:06 pm] Ed : SPY trading along trendline
support
[12:16 pm] Ed : getting bounce in SPY
[12:26 pm] Ed : SPY new hod[12:29 pm] Ed :
SPY nice break also over horizontal
resistance
[01:00 pm] Ed : have great evening
[01:02 pm] Mitch K: bye ladies
|
[06:04 am] doji : Hi Joey, GM
[06:04 am] doji : Hi Khalll[06:04 am] doji
: How do you see the numbers this morning
Joey?
[06:04 am] doji : Neutral?
[06:04 am] joeytsa : jobs# you mean?
[06:05 am] lisas : gm all
[06:05 am] lisas : glad you got in on time
today doji!
[06:05 am] doji : Unemployment, GDP
[06:05 am] doji : Thanks Lisa!
[06:06 am] joeytsa : gdp looks blah to me,
jobs looked weak
[06:06 am] khall : I think the issue with
the room may be fixed – no problems this
morning
[06:06 am] khall : yeah
[06:06 am] doji : I hope so
[06:08 am] qwert : good morning everyone
[06:10 am] joeytsa : gap down:
BMRN,FFIV,JOY
[06:11 am] qwert : kss gap down as well
[06:12 am] doji : Test
[06:14 am] skydiver : Good morning all! My
first attempt into the room was fast and
hooked up well. 🙂
[06:14 am] khall : 🙂
[06:17 am] cdougan : Morning all
[06:17 am] scalpman : Gm all!
[06:18 am] scalpman : same with me sky
…fast, no delay in the log on.
[06:18 am] joeytsa : GIB just had a big
spike on news
[06:19 am] shark : me too scalp
[06:19 am] doji : Will watch OPEN from
yesterday
[06:20 am] shark : pcln[06:21 am] joeytsa :
CAT looks weak at the moment
[06:25 am] doji : VRTX right at 60 now
[06:26 am] joeytsa : india gdp at 9yr low
[06:26 am] joeytsa : brazil cut interest
rates to all time low?
[06:26 am] gumroadboy : Ed Please clarify,
which of your suggested stocks are long and
which are short? Thanks.
[06:27 am] joeytsa : crude # @ 8pst today,
trading 87.74 right now
[06:28 am] doji : What time is crude
inventries today?
[06:28 am] Ed : flexible, they can provide
opportunities both side of market
[06:29 am] joeytsa : 8pst doji[06:29 am]
skydiver : nice scalp and shark on getting
in ez today 🙂
[06:29 am] joeytsa : nat gas is at
7:30pst
[06:29 am] shark : yeah! 🙂
[06:29 am] skydiver : Here we go!!!!
Rumble time 🙂
[06:31 am] Ed : gumroadboy will clarify what
I mean later when its slow
[06:34 am] joeytsa : 10yr under 1.6…no
thanks
[06:34 am] doji : LEN
[06:35 am] apple : good morning all top
traders
[06:35 am] skydiver : gm apple 🙂
[06:35 am] khall : morning apple!
[06:35 am] apple : hey sky
[06:35 am] joeytsa : FFIV trying to lose
$113
[06:35 am] apple : hey khall[06:35 am] shark
: Sold PCLN 660 jun 8 calls
[06:35 am] joeytsa : 103
[06:35 am] apple : nice shark
[06:35 am] shark : 🙂
[06:36 am] shark : LULU watching for
bounce
[06:37 am] joeytsa : trail JOY if long,
stocks seem to be in slow motion
[06:37 am] skydiver : almost went L on JOY
but passed
[06:38 am] skydiver : S on CRM however
[06:38 am] joeytsa : i didnt get much on
it
[06:38 am] skydiver : yeah – been a fast up
and then slower down
[06:38 am] joeytsa : thx shark fro LULU
watch
[06:39 am] skydiver : out 3/4 on CRM S
[06:39 am] scalpman : Out 1/2 GIB S 1.5%
[06:39 am] skydiver : CAT still dropping
[06:39 am] joeytsa : yeah it is
[06:39 am] apple : nice scalp
[06:39 am] skydiver : good job scalp
[06:39 am] shark : watching LULU for
bottom
[06:40 am] joeytsa : im with ya shark
[06:40 am] shark : 🙂
[06:40 am] skydiver : all out of CRM S
[06:40 am] skydiver : watching lulu as well
now 🙂
[06:41 am] apple : me too
[06:41 am] joeytsa : tighten stop on CAT if
short, still looks weak
[06:41 am] apple : thx joey – gm[06:41 am]
joeytsa : 🙂
[06:42 am] doji : FSLR
[06:42 am] joeytsa : OMC spike down, lower
vol[06:43 am] joeytsa : ES really pulling
back
[06:43 am] joeytsa : testing 1307 from 1312
area
[06:43 am] shark : die, Oil, die
[06:44 am] joeytsa : oil down about
40cent
[06:44 am] shark : all the better to get to
Vegas with
[06:44 am] mikewd2 -: say it aint so
[06:44 am] joeytsa : WLT pulling back on
news
[06:45 am] mikewd2 -: 52.7
[06:45 am] joeytsa : yeah Ed, lowest since
2009
[06:45 am] shark : PIR
[06:46 am] shark : PIR
[06:46 am] joeytsa : that explains the
drop
[06:46 am] scalpman : OUt another 1/4 GIB
S
[06:46 am] joeytsa : all out CAT
[06:46 am] skydiver : nice joey on CAT
[06:46 am] joeytsa : 🙂 thanks
[06:47 am] joeytsa : FFIV still weak also
[06:48 am] joeytsa : shark: NFLX closer and
closer to 50 🙂
[06:48 am] shark : yeaaahhh[06:49 am]
joeytsa : AMZN testing prev lo
[06:49 am] shark : AMZN exclusive NBC
deal
[06:50 am] shark : die, FB, die
[06:50 am] apple : watching DLR
[06:51 am] joeytsa : tighten stop if short
WLT
[06:51 am] apple : thx
[06:51 am] shark : watching KORS for
bottom
[06:52 am] apple : DLR L 69.39
[06:52 am] joeytsa : GS fighting to hold
here, looks weak though
[06:53 am] joeytsa : crude under 87 rigth
now
[06:53 am] skydiver : LNKLD still
dropping
[06:53 am] skydiver : LNKD that is
[06:53 am] shark : 1/2 out CRM s
[06:54 am] scalpman : All out GIB S
[06:54 am] skydiver : nice shark
[06:54 am] shark : thx sky
[06:54 am] shark : PCLN s still working
[06:54 am] joeytsa : shark with the CRM
short..nice job
[06:54 am] skydiver : C is dropping this
morning
[06:54 am] apple : good one shark
[06:55 am] mikewd2 -: VIX 25.01
[06:55 am] joeytsa : ES trying to hold
1303
[06:55 am] apple : good job scalp
[06:55 am] apple : thx joey, mike
[06:55 am] doji : OPEN
[06:55 am] joeytsa : nice scalp, i let GIB
go
[06:55 am] apple : thx MK
[06:56 am] shark : agreed, Mitch
[06:56 am] doji : Crude oil tanking
[06:56 am] scalpman : Stopped b.e on WYNN
[06:56 am] apple : it is thx MK
[06:57 am] joeytsa : LNKD trying to hold
$95
[06:57 am] skydiver : thnx joey
[06:58 am] shark : NFLX consolidating
[06:58 am] apple : thx shark
[06:59 am] shark : all out CRM s
[06:59 am] shark : PCLN bouncy
[06:59 am] apple : thx MK
[07:00 am] skydiver : good analogy Mitch –
gives a good picture — thnx 🙂
[07:00 am] joeytsa : EQIX held $160, lower
vol[07:01 am] apple : thx for insight MK
[07:03 am] shark : 1/2 out PIR long
[07:03 am] joeytsa : KSU strong today..might
get tired
[07:04 am] joeytsa : ES testing lows, might
get a test of 1300
[07:05 am] apple : thx joey
[07:06 am] joeytsa : AAPL having a bad
day
[07:06 am] shark : NFLX broke lower
[07:07 am] skydiver : JOY been slow riser –
bucking the downward pressure SPY
[07:08 am] shark : all out PIR long
[07:08 am] shark : LULU consolidating
[07:08 am] jsn13 : thansk shark for
KORS…in 39.15, out half 39.61, 2nd half
39.65….thanks…
[07:08 am] shark : KORS bounced, missed
it
[07:08 am] apple : nice shark
[07:08 am] skydiver : KORS rising 🙂
[07:08 am] shark : nice jsn[07:09 am]
skydiver : good one jsn[07:09 am] skydiver
: CRM still dropping
[07:10 am] shark : KSU consolidating joey
[07:10 am] shark : maybe see some selling
soon
[07:10 am] joeytsa : i see it
[07:10 am] doji : More selling… ES could
lose 1300 is continues dropping at this
pace
[07:10 am] jsn13 : thanks…
[07:10 am] shark : NFLX nice drop
[07:11 am] shark : die, FB, die
[07:11 am] doji : VRTX holding 60
[07:12 am] apple : thx fro PIR
[07:12 am] apple : for
[07:13 am] shark : 🙂
[07:13 am] apple : watching ROST
[07:13 am] shark : watching NFLX
[07:14 am] apple : thx MK
[07:14 am] doji : SHLD at 50
[07:14 am] apple : fyi – over 50 ideas so
far in first 45 min!
[07:14 am] shark : yeaaahhh!
[07:15 am] shark : and more than $50,
apple
[07:15 am] apple : this room is great!
[07:16 am] joeytsa : ES hit 1299.75 then
small bounce so far
[07:16 am] apple : thx joey
[07:16 am] shark : LULU nice
consolidation
[07:16 am] joeytsa : sky: did you get LNKD
short?
[07:17 am] skydiver : Not this time joye
(:
[07:18 am] joeytsa : wasnt sure if you took
it when it lost 95
[07:18 am] joeytsa : FFIV pulled back to
100, slight bounce
[07:18 am] shark : SPY bounce
[07:18 am] skydiver : got side tracked with
a couple of others — had it up on screen —
but . . next time
[07:19 am] skydiver : watching CRM for L
[07:19 am] shark : NFLX
[07:20 am] joeytsa : 63 looks like the area
to watch shark
[07:20 am] shark : yeah
[07:21 am] skydiver : watching LVS for L
[07:21 am] kevinmatt : 3lncm
[07:22 am] joeytsa : ??
[07:22 am] skydiver : Yes! JOY L – finally
🙂
[07:23 am] skydiver : out 3/4 of JOY L
[07:23 am] doji : IS FB shortable
already?
[07:23 am] doji : I mean, shares available
at brokerage firms?
[07:23 am] apple : gm doji, glad you are
here today
[07:24 am] joeytsa : FB on the L list at
lightspeed[07:24 am] skydiver : thnx Mitch
on JOY
[07:24 am] joeytsa : its getting ready to
test $27
[07:24 am] doji : FB not available for short
at TDA
[07:24 am] doji : Thanks Apple
[07:25 am] shark : CRM -punchbowl of
death
[07:25 am] shark : working its way to 200
day m.a.[07:25 am] skydiver : yeah shark on
CRM
[07:25 am] apple : move on doji, how’s LEN
doing?
[07:25 am] joeytsa : been in that punchbowl
for a bit now
[07:25 am] shark : keep stirring
[07:26 am] joeytsa : losing $136?
[07:26 am] joeytsa : CRM has decent support
@ $135
[07:26 am] murano : HTZ
[07:26 am] apple : nice trip down on CRM
shark
[07:27 am] apple : thx murano[07:27 am]
scalpman : SPY is helping
[07:28 am] joeytsa : nat gas #’s coming
out
[07:28 am] apple : big drop on NVO
[07:28 am] apple : thx MK
[07:29 am] doji : YEap… cheap oil
[07:29 am] joeytsa : hahah[07:29 am] doji :
Joey has 100 charts
[07:29 am] skydiver : funny one Mitch 🙂
[07:29 am] doji : long way to go Mitch
[07:29 am] joeytsa : not that many doji
haha[07:30 am] doji : Watching VRTX
[07:30 am] skydiver : wow joey – you cut
back on your charts? I thought you had 500
🙂
[07:30 am] joeytsa : 28 currently
[07:30 am] lisas : typical man Mitch
[07:30 am] joeytsa : over half stay the same
everyday though
[07:31 am] skydiver : humm – I only have 16
charts up — need to work on more 🙂
[07:31 am] joeytsa : stay there
[07:31 am] joeytsa : haha[07:31 am] apple :
lol[07:31 am] skydiver : haha Mitch 🙂
[07:31 am] shark : 8 chart/eye
ratio…hmmm
[07:32 am] doji : I have only 12
[07:32 am] joeytsa : seeing some nice higher
lows
[07:32 am] shark : yessss[07:32 am] shark :
KORS back to be
[07:33 am] shark : die, FB, die
[07:33 am] apple : nice move on WYNN
[07:33 am] skydiver : moving stop up on JOY
L
[07:33 am] apple : shark, they should die
[07:33 am] joeytsa : KORS back to prev cl
[07:33 am] doji : HTZ turning?
[07:34 am] apple : looks like it
[07:34 am] shark : KSU joey
[07:34 am] doji : Joy slow mover
[07:34 am] shark : LULU nice pop
[07:34 am] doji : Thanks Mitch
[07:34 am] shark : long 71.34
[07:35 am] apple : PRGO trending up again
today
[07:35 am] skydiver : thnx Mitch
[07:35 am] scalpman : SPY breaking out
[07:35 am] skydiver : CRM at vwap[07:36 am]
joeytsa : nat gas came in at 71B, 75
forecast 77 last
[07:36 am] joeytsa : PRGO lower vol
usually
[07:37 am] shark : NFLX nice pop
[07:37 am] shark : missed AAPL
[07:38 am] mikewd2 -: GMCR
[07:38 am] joeytsa : me 2, was watching
something else…made a nice higher low
though
[07:38 am] joeytsa : KORS looks like it
wants to bust thru 40
[07:39 am] joeytsa : KORS seems to step in
20cent increments
[07:40 am] doji : Need the push if the
SPY
[07:40 am] shark : looks like the spread
amount, joey
[07:40 am] joeytsa : GS back to prev cl
[07:40 am] joeytsa : i see about 5cent
spread..i was looking at the chart
[07:41 am] shark : ok
[07:41 am] mikewd2 -: buying a little WFT L
for day trade 12.00
[07:43 am] shark : 1/2 out LULU l
[07:43 am] shark : stop at be for last
1/2
[07:46 am] joeytsa : ES trying to hold here,
just above lows
[07:47 am] mikewd2 -: out HTZ short +0.25
[07:48 am] doji : Broke 1300
[07:48 am] doji : with volume
[07:49 am] joeytsa : solid break this time
doji[07:49 am] joeytsa : crude # in about 10
minutes
[07:49 am] apple : thx joey
[07:50 am] joeytsa : LNKD losing 93
[07:50 am] shark : another punchbowl of
death
[07:50 am] joeytsa : drink it up
[07:50 am] shark : lol[07:50 am] shark :
200 day m.a. target
[07:51 am] joeytsa : $90 area right
[07:52 am] doji : Tomorrow we should see
another round of selloff if the numbers look
weak as today
[07:52 am] joeytsa : big numbers for
tomorrow doji[07:52 am] shark : 84.68 200
day m.a. on LNKD
[07:52 am] qwert : i have the 200ema at
90.45 and sma200 at 84.67
[07:52 am] qwert : on lnkd[07:52 am] joeytsa
: wow, i have 90.43??
[07:53 am] joeytsa : 90.45 right…it was
covered
[07:53 am] joeytsa : also LNKD sitting on
linear regression midline
[07:53 am] shark : my 200 day is at 84.68
[07:53 am] joeytsa : weird…
[07:54 am] shark : 100 day 92.89 LNKD
[07:54 am] qwert : joey do use that linear
as a support/resistance area
[07:54 am] Ed : are you using it qwert[07:54
am] joeytsa : just started looking at that
when Ed mentioned it last week or the week
b4
[07:54 am] shark : closing last 1/2 LULU
long
[07:55 am] qwert : i have it but have just
been monitoring since you mentioned it ED
[07:55 am] joeytsa : wonder why your ma’s
are different shark?
[07:56 am] apple : did i miss something?
are you using the ema or sma as support?
[07:56 am] joeytsa : ES using 1300 as res
now
[07:56 am] qwert : i think shark is using
sma[07:57 am] joeytsa : still seemed like a
big difference though
[07:58 am] doji : The upside above 1300 on
the ES lacks volume Ed
[07:59 am] joeytsa : i wonder if that pop is
a tell on the crude #??
[07:59 am] joeytsa : GS popped on vol[07:59
am] qwert : out in 30 seconds right?
[08:00 am] joeytsa : to us yeah, to them who
knows 🙂
[08:00 am] doji : ZNGA
[08:00 am] qwert : yep
[08:00 am] Ed : 24 sticks on SPY still nice
bounce though, with or without vol. just
saying
[08:00 am] joeytsa : yeah Ed
[08:01 am] Ed : doji just likes to keep me in
line
[08:01 am] qwert : haha[08:01 am] joeytsa :
🙂
[08:01 am] doji : hahaha[08:01 am] qwert :
do you use the linear line Ed
[08:02 am] Ed : yes
[08:02 am] joeytsa : 2.2M beat forecast
[08:02 am] joeytsa : .2M forecast, .9M
last
[08:02 am] joeytsa : ES lod area
[08:03 am] doji : Selloff resumming[08:03
am] joeytsa : quick break, make some money
🙂
[08:04 am] shark : 🙂
[08:04 am] apple : have fun joey
[08:05 am] Ed : think back on 5/18 had
confluence of linear and 100day and apple had
nice bounce off it
[08:06 am] apple : pRGO had a nice
reversal
[08:06 am] cowboyh : Space X’s dragon landed
in the pacific.
[08:06 am] qwert : it sure did Ed, I have
been watching it but now i will give it a
little more weight
[08:06 am] apple : thx cowboy, how are you
doing
[08:07 am] cowboyh : great apple how about
you
[08:07 am] Ed : hey cowboy
[08:07 am] cowboyh : Hi Ed
[08:09 am] apple : great, you have been
rather quiet
[08:09 am] skydiver : well – times up for me
— thanks for all the great ideas today! 4
wins and one loss. See you all tomorrow
morning 🙂
[08:09 am] qwert : cya sky
[08:09 am] Ed : c ya sky, nice trading
[08:09 am] khall : bye sky
[08:10 am] skydiver : 🙂
[08:10 am] scalpman : bye sky…good job’
[08:10 am] apple : bye sky, have fun
[08:12 am] shark : bye sky
[08:16 am] qwert : TNGO was nice one MK
[08:18 am] khall : CRM new lod[08:19 am]
mikewd2 -: HTZ was a nice short, didn’t stay
in it near long enough
[08:19 am] doji : CLR S3=68.59
[08:19 am] qwert : CLR lower regression line
at 68.40
[08:20 am] doji : What is that Qwert?
[08:22 am] qwert : Probably better to have
Ed explain it Doji, but it is called Linear
regression
[08:22 am] qwert : i have them on my daily
chart
[08:22 am] doji : ok will check thanks
[08:23 am] qwert : yur welcome
[08:23 am] qwert : 🙂
[08:23 am] mikewd2 -: Linear regression
trendline is a simple statistical indicator
to predict future prices/trends based on past
prices
[08:25 am] mikewd2 -: /trends
[08:25 am] qwert : thx mike
[08:26 am] mikewd2 -: Mississippian
production could rival Bakken boom by 2020
[08:26 am] mikewd2 -: that find is in
Kansas/Oklahoma
[08:27 am] joeytsa : i just got mail
yesterday on some “wonder stock” talking
about the kansas boom
[08:27 am] mikewd2 -: sandridge is big up
there
[08:27 am] mikewd2 -: should help keep
fracing companies busy
[08:27 am] joeytsa : this was some unlisted
stock…got 3 of them yesterday
[08:33 am] qwert : CLR nice thx MK
[08:36 am] qwert : is that ticks Ed
[08:37 am] Ed : yes
[08:37 am] qwert : thx Ed do you set audio
alerts for tick
[08:38 am] Ed : no, have it on stock synbol
list
[08:38 am] qwert : thx
[08:43 am] Ed : no problem
[08:43 am] qwert : Nice call on joy
mitch[08:44 am] Ed : thats why they call him
the King
[08:44 am] qwert : yep
[08:45 am] qwert : CLF new lod[08:51 am]
joeytsa : Ed: how do you have ticks set
up?
[08:52 am] joeytsa : as in symbol, i have
$TICK
[08:53 am] Ed : I just have it as $tick
[08:53 am] joeytsa : thanks
[08:53 am] Ed : no problem
[08:53 am] joeytsa : mine must register
differently
[08:54 am] Ed : some platforms may have
different symbol
[08:54 am] lisas : what platform are you on
joey
[08:54 am] doji : I got it in TOS….
[08:54 am] joeytsa : on keep them up on
schwab[08:54 am] doji : NYSE Up/Down
Ratio
[08:55 am] ogking : joeytsa put up on a
chart and see the position of the $TICK
[08:56 am] joeytsa : yeah, mine comes up
more like volume bars
[08:57 am] ogking : 3Min oor Daily what
every is best for you!
[08:57 am] joeytsa : thx
[08:57 am] ogking : Thats how I got it
[09:02 am] lisas : 🙂
[09:02 am] joeytsa : thats funny
[09:02 am] shark : haha 🙂
[09:03 am] Ed : lol[09:03 am] joeytsa : even
better
[09:03 am] qwert : haha[09:03 am] ogking :
Invest in family and don”t eat the cookie
[09:04 am] Ed : lol[09:04 am] lisas :
funny
[09:04 am] joeytsa : mine said ” Marriage
lets you annoy one special person for the
rest of your life “
[09:05 am] qwert : hahahaha[09:05 am] Ed :
🙂
[09:05 am] lisas : so what did her’s say
joey?
[09:05 am] khall : some of us are better at
that than others 😉
[09:05 am] joeytsa : ” that wasnt
chicken”
[09:06 am] lisas : lol[09:07 am] shark :
Mitch or anyone, what is the correct ticker
for Ralston Purina?
[09:08 am] khall : RAL
[09:08 am] khall : nope
[09:09 am] shark : mitch posted as RAL. I am
not able to find it
[09:10 am] khall : no – I think Nestle
bought them – Nestle Purina Pet Care?
Ralston Purina is now defunct I think
[09:10 am] khall : now Ralcorp
[09:10 am] khall : RAH
[09:10 am] khall : but not sure they still
have the pet care
[09:11 am] shark : that makes more sense,
Mitch must have meant he was watching RAH
[09:11 am] khall : RAH is food products
(think Chex)
[09:11 am] shark : ahhh, cool
[09:11 am] shark : maybe they make the
forture cookies, too.
[09:12 am] khall : maybe!
[09:12 am] shark : 🙂
[09:13 am] shark : UVXY nice trade today
[09:13 am] doji : out 1/2 LEN L
[09:13 am] shark : awesome doji[09:14 am]
cdougan : Joy is nice thanks MK
[09:14 am] doji : Nice support at 26
[09:19 am] joeytsa : yeah doji, looks good
there
[09:20 am] doji : FSLR on the move
[09:21 am] joeytsa : dow just turned green
for a second
[09:22 am] shark : :O
[09:23 am] Ed : u see my tick symbol joey
[09:24 am] joeytsa : in the room? no
[09:24 am] Ed : its at top of my list
[09:25 am] doji : How do you play with that?
You go long once the tick moves up?
[09:25 am] joeytsa : i see it
[09:25 am] doji : FSLR, SHLD nice move from
support levels
[09:26 am] qwert : i dont see it where is it
at?
[09:26 am] joeytsa : in the timeframe bar
top of chart qwert[09:26 am] Ed : use it as
secondary indicator, but days like we have
had u key on it for ur longs
[09:26 am] ogking : Spy just pased a 76%
recovery over 131.50
[09:26 am] joeytsa : 1,5,60,daily,tick
[09:27 am] qwert : okay thx now i do
[09:27 am] shark : wathcing for PCLN for
break over VWAP
[09:27 am] doji : ARe you taling about $TICK
or using ticks instead of time on charts?
[09:27 am] Ed : $tick
[09:28 am] Ed : u look for sustain of 300+
[09:29 am] mikewd2 -: on what scale, Ed?
[09:29 am] Ed : like this am it staid -500
and more for long time
[09:29 am] Ed : not sure what ur asking
[09:29 am] lisas : doji, it’s an internal
signal that is charted by some brokers
[09:30 am] joeytsa : TFM moving up
[09:30 am] mikewd2 -: $TICK on 1min, 5min,
daily or ?[09:30 am] lisas : it’s confusing
because we there are also “tick” charts,
based on number of transactions, confusing
[09:30 am] mikewd2 -: or tick
[09:30 am] Ed : it measures internal breadth
of NYSE
[09:31 am] Ed : just as symbol
[09:31 am] mikewd2 -: i put $TICK as symbol
on chart
[09:31 am] mikewd2 -: then what?
[09:31 am] mikewd2 -: what scale on the
chart
[09:31 am] lisas : a variety of ways to use
it, give general direction also extremes are
significant
[09:31 am] Ed : not on chart
[09:31 am] mikewd2 -: oh
[09:32 am] Ed : just like on stock symbol
list
[09:32 am] lisas : I have a separate chart
for $tick, 1 min, with horizontal lines at
plus and minus 600 and 1000. Also a moving
average on it.
[09:33 am] lisas : its small and in a corner
of one of my workspaces. you can put alerts
on the lines, which I do for the 1000
levels.
[09:33 am] ogking : Tick is a time frame on
a chart , Tick 1min 2min so on. $tick is a
mesure of the market intenals as far as + or
– activity
[09:34 am] Ed : it can be used on chart, but
I use on symbol list, quicker reading and
takes up less space
[09:35 am] shark : MNST -caffeine hangover
today
[09:35 am] lisas : You can also put it at
top of your positions bar on TS, along with
the indexes
[09:36 am] lisas : along with other
internals like volspd, vix[09:37 am] mikewd2
-: on TS, lisas – i added it to positions
bar, it shows two numbes – what is the second
one?
[09:38 am] lisas : you added $tick?
[09:38 am] mikewd2 -: yes
[09:38 am] lisas : I only have one number
[09:38 am] Ed : if u just place in symbol
list, u dont have to worry with timeframe as
readings are same
[09:38 am] lisas : wait, I have 2
[09:38 am] joeytsa : makes sense, and you
can set alerts for a high number for
example
[09:39 am] mikewd2 -: like -604 46
[09:39 am] lisas : the black is actual
number, the second is change from close
yesterday
[09:39 am] joeytsa : i used to just glance
at my chart, but never did anything with
it
[09:39 am] mikewd2 -: ok, makes sense –
ty[09:39 am] lisas : maybe change from last
bar on colored one, not sure
[09:40 am] joeytsa : thanks Mitch
[09:40 am] shark : thx Mitch
[09:41 am] lisas : mike, looks like its same
format as indexes, just not sure what it’s
measuring fron[09:43 am] joeytsa : FB had
350K contracts sold on 1st day
[09:43 am] mikewd2 -: ty lisas – will need to
research $TICK anyway don’t quite understand
how to use it
[09:44 am] ogking : Mike, Last,The net
change from the opening price, expressed in
points. This is a grid-based (RadarScreen)
indicator
[09:44 am] mikewd2 -: ty[09:46 am] shark :
KSU beautiful today, thx joey
[09:49 am] joeytsa : no prob shark
[09:50 am] joeytsa : just got a 1000 tick
alert 🙂
[09:51 am] shark : PCLN over VWAP
[09:51 am] joeytsa : LNKD looks like it will
test $94 res area
[09:51 am] shark : not too exciting
[09:51 am] shark : bouncing up off of 100
day, joey, LNKD
[09:52 am] Mitch K: KSU has been good trading
stock sharky[09:52 am] joeytsa : thx sahrk,
i saw the dbl bottom near 92
[09:52 am] shark : awesome one, Mitch,
yes!
[09:56 am] mikewd2 -: JOY higher highs after
the lod[09:56 am] shark : LEN nice one,
doji[09:57 am] ogking : SPY Came back and
touched its trend resistance
[09:58 am] ogking : Come on lets get to the
opening of the day
[09:58 am] Ed : fyi, I only pay attention to
$tick at extreme market levels when lookn for
change of trend like this am
[10:00 am] mikewd2 -: FST nice turn around
from lod[10:02 am] Ed : thx ogking[10:03 am]
ogking : Just trying to get some love from
the SPY
[10:05 am] Ed : did not know the 2 of u were
an item
[10:06 am] shark : consider TLT and UVXY and
days like today
[10:06 am] cdougan : They had a fight this
morning
[10:06 am] Ed : reconciliation
[10:06 am] ogking : Looking at WYNN At
103.20 might go
[10:08 am] ogking : Oh! Shure still at the
courtship stage
[10:08 am] lisas : so did my balance:)
[10:10 am] mikewd2 -: oil has bounced back
about a buck
[10:12 am] shark : 🙁
[10:16 am] joeytsa : AMZN testing prev hi
[10:25 am] apple : nice dbl bottom
[10:26 am] shark : which one apple?
[10:26 am] apple : END
[10:27 am] Ed : seeing what happens when
reopens been halted
[10:27 am] Ed : news pending END
[10:28 am] apple : thx E
[10:28 am] lisas : lunch time, back in the
green I can eat now, lol[10:29 am] apple :
have fun lisa[10:31 am] Ed : c ya lisa, nice
trading
[10:31 am] joeytsa : enjoy lisa[10:33 am]
qwert : watching FRAN
[10:33 am] shark : AMZN distribution through
Xbox 360 is an important step towards more
direct competition with NFLX – Telsey
Advisory Group
[10:33 am] apple : thx shark
[10:34 am] joeytsa : interesting
[10:36 am] apple : nice drop LQDT
[10:36 am] ogking : Sellers comming back
[10:36 am] Ed : yep we missed that one
[10:37 am] apple : who was supposed to be
watching LQDT?
[10:37 am] Ed : uhhhhhh[10:38 am] apple : i
knew that was coming…
[10:38 am] Ed : which is better, uhhhhh or
hmmmm[10:38 am] qwert : anybody get FRAN
with me
[10:38 am] shark : did you mention it,
qwert?
[10:38 am] apple : you and FRAN and doji and
LEN…
[10:38 am] Ed : uhhhh[10:39 am] shark :
ugggg[10:39 am] qwert : yep
[10:39 am] shark : :O oh man….missed it
then
[10:39 am] shark : my bad
[10:39 am] mikewd2 -: missed it because i
didn’t think TS has shares but they do
now.
[10:39 am] qwert : i missed len earlier
🙂
[10:40 am] apple : next time…
[10:40 am] shark : PCLN new lod[10:41 am]
qwert : AMZN a perfect mirror of spy
[10:41 am] Ed : yep
[10:43 am] Ed : looks like END halted
again
[10:43 am] eddy : no sharers to short on
END
[10:44 am] Ed : happens sometimes
[10:44 am] eddy : sure
[10:49 am] apple : wow, nice move on END
[10:51 am] qwert : halted again
[10:51 am] qwert : is anybody long
[10:52 am] Ed : im out of long
[10:53 am] eddy : you wud take it long again
Ed?
[10:53 am] qwert : thx Ed
[10:54 am] Ed : very fluid tryn to get more
info, so until I do will pass
[10:54 am] apple : thx E
[10:55 am] Ed : the action was saying, very
very scrong[10:55 am] qwert : yahoo says
they announced had completed aquisition of
additional 23.43% woking interest in Alba
field from Conoco Phillips
[10:55 am] Ed : thx qwert[10:56 am] mikewd2
-: Endeavour will increase their current
ownership interest in the Alba field
[10:56 am] apple : thx qwert[10:56 am] Ed :
thx mike
[10:56 am] qwert : there it goes
[10:57 am] mikewd2 -: END S 10.05
[10:59 am] apple : niced mike
[10:59 am] eddy : gd one mike
[10:59 am] apple : nice
[11:00 am] mikewd2 -: too tight stop covered
9.57
[11:00 am] eddy : gd trade mike
[11:00 am] Ed : nice trade mike
[11:00 am] mikewd2 -: +0.48, i’ll take it
[11:00 am] doji : Hi guys… back from a
busy day
[11:00 am] Ed : on 10 stock, nice cheese
[11:01 am] mikewd2 -: about time for it to go
up, Mitch!!!!
[11:01 am] Ed : u got better price than me
mike
[11:02 am] mikewd2 -: in or out?
[11:02 am] Ed : entry
[11:02 am] mikewd2 -: first time ever!
[11:02 am] mikewd2 -: haha[11:02 am] Ed :
nice going
[11:03 am] Ed : was tryn to make sure was not
shorting a complete buyout
[11:03 am] mikewd2 -: it wasn’t a buyout
[11:03 am] mikewd2 -: just added to oil
field
[11:03 am] Ed : i know after read info
[11:03 am] mikewd2 -: oh, i bought after i
read that
[11:03 am] doji : What stock Mike?
[11:04 am] apple : END
[11:04 am] mikewd2 -: END S 10.10, tight
stop
[11:06 am] doji : 10.15 50dMA
[11:06 am] doji : if it breaks it next stop
is 11
[11:08 am] totora : Hopefully we will have
our tradestation account ready by
Monday…finally….did we miss
anything…??? lol[11:08 am] Ed : not too
much
[11:11 am] doji : END consolidating
[11:13 am] mikewd2 -: stopped
[11:13 am] qwert : DIS close to breakout on
daily
[11:17 am] joeytsa : thx qwert[11:21 am]
doji : Don’t take prisioners… if tomorrow
the numbers look the same as today, we should
see anothe round of selloff…
[11:27 am] joeytsa : tend to agree
doji[11:28 am] mikewd2 -: Dow back to
green
[11:31 am] doji : TFM was very strong
today
[11:36 am] joeytsa : MDVN
[11:36 am] joeytsa : just saw you had the
chart up Ed
[11:36 am] doji : Toooooo quick!
[11:37 am] mikewd2 -: yeah tried to enter 81,
and it was already at 82.5
[11:39 am] Ed : that one was kind of funny
[11:39 am] apple : well that woke everybody
up!
[11:39 am] doji : Not even flash gordon
could have gotten MDVN
[11:40 am] qwert : yep wide awake now
[11:40 am] qwert : Flash Ed get it?
[11:40 am] apple : gotta go. thx MK, E and
everyone, great trades. All have a wonderful
evening. See you tomorrow.
[11:40 am] Ed : yes
[11:40 am] joeytsa : bye apple
[11:40 am] qwert : nice !!!
[11:40 am] eddy : bye apple
[11:40 am] qwert : bye apple
[11:40 am] Ed : soon as saw it was posting
and placing prices
[11:40 am] Ed : for entry
[11:41 am] qwert : whats your entry Ed
[11:41 am] Ed : did not get full position
though
[11:42 am] Ed : 200 shares only 81.09 and 500
shares 82.36
[11:42 am] qwert : nice
[11:42 am] joeytsa : still nice
[11:42 am] Ed : entries were 2;36est and
2;37
[11:43 am] Ed : it was quick though, could
not get full price at lower price, so waited
for 2nd entry after signal
[11:43 am] Ed : these pep me up when I see
them
[11:44 am] joeytsa : nice rebound in it
[11:45 am] Ed : twaz nie rebound
[11:45 am] Ed : we only need like 20 of these
per day
[11:45 am] joeytsa : haha, that was too
quick for me
[11:46 am] joeytsa : wasnt sure if was going
to get another red candle
[11:48 am] Ed : slightest hesitation and u
miss those
[11:48 am] joeytsa : i sure do
[11:49 am] Ed : but u get ur share though
[11:50 am] doji : What a rebound from the
lows today… we need the same action
tomorrow
[11:50 am] Ed : when room 1st started, the
moderators use to get those quick ones, and I
said I will learn to do that
[11:50 am] Ed : yep was nice rebound
doji[11:51 am] doji : LNKD moving….
[11:51 am] doji : Joey for sure have it
[11:51 am] joeytsa : some big reports
tomorrow
[11:51 am] joeytsa : and overnight i
believe
[11:51 am] Ed : yea he has lunch with LNKD
all the time
[11:52 am] joeytsa : im linked in with it
🙂
[11:52 am] joeytsa : actualyl not in LNKD
right now though
[11:53 am] doji : Thos who sold during the
early hours today may be buying now only to
get disappointed again tomorrow
[11:53 am] joeytsa : China manufacturing pmi
a big # to watch
[11:53 am] mikewd2 -: yeah could start a
rally or ….[11:54 am] joeytsa : US has a
bunch of reports tomorrow…jobs will be the
biggie
[11:54 am] mikewd2 -: END won’t give up
10.00
[11:54 am] joeytsa : england manufactining
pmi also
[11:56 am] joeytsa : nice rebound in FB
also
[11:57 am] joeytsa : some pos div on the
60min
[11:59 am] Ed : is gumroadboy here?
[12:13 pm] mikewd2 -: END getting a bounce
[12:26 pm] joeytsa : LNKD still moving
[12:26 pm] skydiver : nice bounce on SPY,
LEN, LNKD, LULU, etc. 🙂
[12:28 pm] joeytsa : CLR all the way back to
prev cl
[12:30 pm] skydiver : nice on CLR joey
[12:30 pm] joeytsa : just saw it, Mitch
called it earlier
[12:30 pm] skydiver : gotcha – wish I could
have been online then – nice call Mitch 🙂
[12:33 pm] doji : LNKD, PAY, LEN big move
[12:37 pm] doji : Wow… big rally now
[12:38 pm] doji : Any news or just the usual
mdaness?
[12:38 pm] skydiver : Wonder what’s behind
the rally?
[12:39 pm] doji : Sky: all the losers that
sold at the bottom today…. trying to revert
losses…..
[12:40 pm] doji : no problem, they will sell
again tomorrow…
[12:40 pm] skydiver : ok doji – interesting
🙂
[12:43 pm] Ed : even FB bounced nicely
[12:43 pm] joeytsa : 🙂
[12:44 pm] joeytsa : all is well in the
world if FB goes higher
[12:44 pm] skydiver : S CRM 139.41 –
[12:45 pm] skydiver : out 3/4 S CRM –
138.81
[12:45 pm] joeytsa : quick 7pt move on the
ES down
[12:46 pm] skydiver : all out of CRM S
[12:46 pm] doji : aggg I lost track of
CHK…
[12:48 pm] gub : Mitch/Ed what stocastics
settings do you use?
[12:48 pm] Ed : i have stochastics in room
set at 6,5,4
[12:49 pm] gub : TY – Ed
[12:49 pm] lisas : Ed is that your TS chart
or esignal?
[12:49 pm] Ed : esignal[12:50 pm] gub : I
have TS
[12:50 pm] gub : Does it matter?
[12:50 pm] lisas : OK, seems like they are
in different order on TS
[12:50 pm] Ed : does not matter
[12:50 pm] lisas : From webinar, I have mine
set at 8,7,6
[12:50 pm] joeytsa : FB up and over 29
[12:50 pm] lisas : Yeah, but you’re making
more money, so it must be my stochs:)
[12:51 pm] doji : Any ews?
[12:51 pm] Ed : ur funny lisa[12:51 pm] lisas
: well, it can’t be me can it?
[12:51 pm] doji : Draghi: Eurozone structure
is “unsustainable”
[12:52 pm] joeytsa : draghi = captain
obvious
[12:52 pm] skydiver : Interesting how market
spiked and then settled down
[12:52 pm] Ed : never u lisa[12:52 pm] eddy
: bye all
[12:53 pm] joeytsa : bye eddy
[12:53 pm] skydiver : take care eddy
[12:53 pm] gub : my stochastics are set at –
14,3,3,1.
[12:53 pm] cdougan : take care eddy
[12:53 pm] Ed : thats the default for
ts[12:53 pm] lisas : bye eddy
[12:53 pm] gub : Is this OK?
[12:53 pm] Ed : my TS stochastics is set
there
[12:53 pm] Ed : yes
[12:53 pm] gub : TY
[12:54 pm] skydiver : I’d go long on a
couple stocks — but — getting late in day.
Don’t want to take any home tonight
[12:55 pm] joeytsa : amen sky
[12:55 pm] skydiver : trying to be
disciplined like you joey 🙂
[12:55 pm] joeytsa : yeah right haha[12:55
pm] doji : Good night fellas!
[12:55 pm] Ed : c ya doji[12:55 pm] joeytsa
: but thanks…later doji[12:55 pm] skydiver
: bye doji – take care
[12:56 pm] qwert : cya doji[12:56 pm]
cdougan : later doji[12:56 pm] lisas : bye
doji[12:58 pm] joeytsa : Thanks Mitch, Ed,
everyone…fun day
[12:58 pm] joeytsa : see you all in the
morning
[12:59 pm] lisas : bye joey
[01:01 pm] qwert : good night everybody thx
for a great day
[01:02 pm] qwert : bye mitch[01:03 pm] Mitch
K: you do good today qwert[01:03 pm] Mitch K:
?[01:03 pm] qwert : yep 5 winners o losers 1
breakeven :))
[01:03 pm] Mitch K: nice job
[01:04 pm] lisas : good work qwert!
[01:04 pm] Mitch K: you pretty consistent
qwert?
[01:04 pm] lisas : Taking off, bye all
[01:04 pm] qwert : yes have gotten very
consistent
[01:04 pm] qwert : thx lisa[01:05 pm] qwert
: thx to all the great help from you and this
trading room and of course a lot of study
[01:06 pm] Mitch K: yeah, it never comes easy
huh?
[01:06 pm] Mitch K: i find it is just time
and screen time
[01:06 pm] qwert : no but it seems easier
now than ever before
[01:07 pm] Mitch K: the guys who have been
diligently studying seem to really turn the
corner aroudn 18 months and go exponential
[01:07 pm] Mitch K: just try to remember
this, keep doing what you are doing if you
are successful. rinse and repeat. dont
change much now, just little tweaks
[01:07 pm] qwert : i think my expectations
have changed so i dont jump in n out so much
just let things happen and dont stress
[01:08 pm] Mitch K: yeah, things take longer
than you think, even in futures or foreign
exchange. stocks move the slowest but if you
get all anxious and hyped up, people will
tend to get out too quick
[01:08 pm] qwert : thats where i am about 18
monthes just trading only
[01:09 pm] Mitch K: i think i met you
right?
[01:09 pm] Mitch K: at a seminar somewhere
[01:09 pm] qwert : yep in vegas i was there
with my wife laura[01:10 pm] Mitch K: ok, she
is better looking than you right?
[01:10 pm] qwert : oh yeah
[01:10 pm] Mitch K: lol[01:10 pm] qwert :
and younger to
[01:10 pm] shark : thx Mitch! bye
[01:10 pm] Mitch K: ok later hawaii,
[01:10 pm] Mitch K: you live in hawaii
right
[01:10 pm] Mitch K: shark
[01:10 pm] shark : I have a condo in hawaii,
yes
[01:10 pm] Mitch K: someone lives there
permanently
[01:10 pm] shark : just got back from Vegas
last night, am in my LA home
[01:11 pm] shark : yes, correct, My MOM
[01:11 pm] qwert : i think it was gecko
[01:11 pm] shark : 20 years Broker in
Hawaii
[01:11 pm] qwert : my bro lives in
hawaii[01:11 pm] Mitch K: it was another guy
who’s screen name starts with S lives in
honolulu[01:11 pm] Mitch K: maybe its you
shark
[01:11 pm] shark : 🙂
[01:11 pm] shark : Waianae Coast
[01:12 pm] qwert : have to get up to early
to live there
[01:12 pm] shark : 3:30am market opens
[01:12 pm] shark : 🙁
[01:12 pm] shark : all day to surf
now….
[01:12 pm] Mitch K: yeah i know, i had to get
up at 230pm living there
[01:12 pm] qwert : or say up late 🙂
[01:12 pm] qwert : say = stay
[01:14 pm] Mitch K: ok you guys, im preparing
a webinar, real time live trading webinar,
going to be at very earliest in 4 weeks but
probably later. going to be the best
education ive ever done, by far.
[01:15 pm] qwert : awesome cant wait
[01:16 pm] Mitch K: of course it includes the
trading system but I need to teach you guys
how to use it. i predict that anyone who is
doing well now will increase profits by a
large amount. possibly 50-80% increase, more
after you adjust to system
[01:16 pm] Mitch K: if someone has some
really bad habits, problems with self
control, they will still have problems but
wont be as bad.
[01:17 pm] Mitch K: it will be the best work
ive done, the most important and useful
[01:17 pm] khall : I just walked back in
here. I’m entirely too excited Mitch – I
can’t wiat for that
[01:17 pm] qwert : wow that sounds great.
will i be able to use it with lightspeed or
should i open an account with TS
[01:17 pm] shark : how big is the learning
curve for new NINJA, IBKR users?
[01:17 pm] khall : shark – not big really
[01:18 pm] qwert : or ninja
[01:18 pm] Mitch K: wont take long shark,
maybe a week?
[01:18 pm] Mitch K: days
[01:18 pm] shark : awesome
[01:18 pm] shark : got to get them
going…
[01:18 pm] khall : I was pretty new and it
took me a week – shark, you should pick it
right up
[01:18 pm] khall : heck, I’m still pretty
new…
[01:19 pm] shark : thx for your
guidance/support khall[01:19 pm] shark :
🙂
[01:19 pm] qwert : shark what platform u use
now
[01:19 pm] khall : ur welcome
[01:19 pm] shark : etrade[01:19 pm] shark :
living in stone age here
[01:19 pm] shark : have to pick slower
movers
[01:19 pm] qwert : im on lightspeed and i
really like it
[01:19 pm] Mitch K: qwert, your question, you
can still use lightspeed if you trade stocks,
but have to open different account if you
want to trade futures
[01:19 pm] shark : lightspeed? ok…
[01:19 pm] qwert : okay thx mitch[01:20 pm]
Mitch K: i would get away from etrade. or
give at least 4000-5000 a month to charity
because thats what you are giving up extra in
commissions
[01:20 pm] qwert : are you going to be
posting ideas for futures like es or cl
mitch[01:20 pm] Mitch K: remember this, any
transition to something new usually causes
losses, a little frustration
[01:20 pm] shark : that’s for sure
[01:20 pm] Mitch K: oh i am going to do much
better than that qwert[01:20 pm] qwert :
awesome
[01:21 pm] Mitch K: i am going to show the
charts of various stocks, futures and the
system will show the entry and exit
[01:21 pm] qwert : so i better go buy a
couple more monitors
[01:21 pm] Mitch K: what i am doing now is
only posting the idea but we will still do
that but post the best ideas on a chart for
you to take the signal from the chart
[01:21 pm] Mitch K: yeah, need more real
estate for this, no question. and maybe have
two graphics cards, 1 gb each
[01:22 pm] qwert : when is this happening i
need to be prepared
[01:22 pm] Mitch K: honestly, ive never been
more excited in my career than now, not
kidding
[01:22 pm] Mitch K: we are at least a month
off, prob 5 weeks
[01:22 pm] qwert : it sounds amazing
[01:22 pm] shark : 🙂
[01:23 pm] khall : it sure does
[01:23 pm] Mitch K: this is the most
important development i have ever seen and im
glad to be right in the middle of it
[01:23 pm] shark : two thumbs up!!!
[01:23 pm] qwert : im gettin excited
[01:24 pm] Mitch K: what we all need, as
humans, is 1) more simplicity, 2) guy and
sell signals interpreted for us without
thinking, just a quick glance
[01:24 pm] Mitch K: 3) no emotions,
[01:25 pm] Mitch K: guy = buy
[01:25 pm] qwert : no emotions was the
hardest part for me
[01:25 pm] Mitch K: what this does is allows
you to monitor many more stocks at the same
time, and you know how we have that mad
traffic rush in first hour, like this
morning?
[01:25 pm] khall : me too – I’m getting a
little better, but I have trouble with either
waiting too long to enter or jumping out too
quickly
[01:25 pm] Mitch K: and you pretty much have
to pick 2 or 3 ideas and go with that
[01:26 pm] qwert : yep
[01:26 pm] Mitch K: not anymore, i figure you
can manage at least 6 to 8 at a time and
trade all of them
[01:26 pm] qwert : thats what i do every
morning 3 to 4 ideas
[01:26 pm] Mitch K: plus a bigger deal, is
this, really cool
[01:26 pm] shark : nice….
[01:26 pm] qwert : thats gonna be awesome
[01:27 pm] Mitch K: ok, let me explain, you
guys know how we see these ideas, every day
but especially today. where the stock
drops
[01:27 pm] khall : yes
[01:27 pm] qwert : yeah
[01:28 pm] Mitch K: ok, we are going to
change things around now with this system.
what we can do is short them immediately when
we see them, i thnk you can do it at market
price, just get short early
[01:28 pm] Mitch K: and follow it all the way
down until the system says to buy
[01:28 pm] Mitch K: look how many just drop,
drop, ticking down down down, right?
[01:29 pm] khall : right
[01:29 pm] Mitch K: you know how many stocks
you can manage this way? i mean a lot
[01:29 pm] qwert : yep usually just waiting
for the bounces
[01:29 pm] khall : and if we are looking for
a signal instead of analyzing entry and
exits
[01:29 pm] khall : wow
[01:30 pm] qwert : mitch will you still use
targets for exit or just watch the signal
with full positions
[01:30 pm] qwert : for the signal
[01:30 pm] Mitch K: im telling you, this is
going to change things in so many ways, 1) it
adds another technique that is probably more
powerful (the shorts) 2) it allows us to
trade many stocks at once and 3) not much
interpretation in the signal, just arrows and
sounds and 4) you won’t be mentally
exhausted
[01:31 pm] Mitch K: right khall, no analysis
needed, sorry to say, it kind of gets dummy
proof, no offense
[01:31 pm] khall : none taken
[01:31 pm] khall : 😉
[01:31 pm] qwert : haha then it works for
me
[01:31 pm] Mitch K: i want to simplify, as i
get older, i cant do as much
[01:32 pm] Mitch K: qwert, about targets,
forget that, just follow that chart
[01:32 pm] qwert : cool
[01:32 pm] Mitch K: what i do now is i try to
guestimate by experience and some market
factors where i think that is going but ive
looked at these since 1993 and i dont think
many people have that luxury to tap into a
memory bank
[01:33 pm] qwert : thats very true
[01:33 pm] Mitch K: the problem i wanted to
solve is to not have you depend on anyone
else
[01:34 pm] Mitch K: it is important for me
personally to say (to myself) that i have had
a true impact on people’s lives, and i think
this system is going to do it in a very
meaningful way
[01:34 pm] khall : it sure does sound like
it will Mitch
[01:35 pm] qwert : I got that feeling from
you in Las Vegas Mitch
[01:35 pm] Mitch K: this is really going to
be a big deal and i aint blowing smoke
[01:35 pm] Mitch K: and i dont drink
either
[01:35 pm] Mitch K: or do drugs
[01:35 pm] Mitch K: lol[01:35 pm] qwert : we
r ready
[01:35 pm] khall : more than ready
[01:36 pm] qwert : or i will be after i get
some more monitors
[01:36 pm] khall : qwert – how many do you
have now?
[01:36 pm] Mitch K: you really wont need to
load up on much more equipment
[01:36 pm] Mitch K: maybe a 4 screen monitor
into one computer
[01:36 pm] khall : I have four monitors
[01:36 pm] Mitch K: and maybe a laptop for
order entry
[01:36 pm] khall : ahh good
[01:36 pm] qwert : 4, 1 small for the room,
1 for scanner and swing trades and 2 for
scalping
[01:37 pm] Mitch K: what i would do is
increase to max bandwidth on internet
speed
[01:37 pm] Mitch K: go to 50mbps if you
can
[01:37 pm] khall : I use a laptop for the
room
[01:37 pm] qwert : i have 100 here
[01:37 pm] Mitch K: and dont use wireless for
order entry, use hard wired
[01:37 pm] Mitch K: 100?
[01:37 pm] Mitch K: oh ok, nice
[01:37 pm] qwert : yep on charter
[01:37 pm] khall : yeah, all order entry and
charts are on hard wire
[01:37 pm] qwert : same here all hard
wired
[01:38 pm] Mitch K: now i want you guys to
observe or simulate trade for a couple of
days til you understand how to use this
[01:38 pm] qwert : oh for sure
[01:38 pm] Mitch K: i dont think it will take
long for stocks to adjust
[01:38 pm] khall : good – a few days for
learning is a small price to pay
[01:39 pm] qwert : are you going to be using
esignal for charts mitch[01:39 pm] Mitch K: i
got to take off, later guys, im super
excited, i just cant tell you what i see in
this
[01:39 pm] khall : later mitch – thanks for
everything – really
[01:39 pm] qwert : thx for telling us about
it super excited here
[01:41 pm] qwert : cya khall[01:43 pm] khall
: cya qwer |
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