[06:02 am] Mitch K: how did you guys like
that big rebound in stocks after the Greek
vote? lasted about 5 minutes yesterday in
the futures market
[06:15 am] Ed : good morning
[06:31 am] Mitch K: watching ONXX for short
on top of this bounce
[06:32 am] Mitch K: watching FAST for
bottom
[06:32 am] Mitch K: watching TSCO for bottom
to buy
[06:32 am] Mitch K: watching XTXI for
bottom
[06:32 am] Mitch K: watching TSLA for bottom
to buy
[06:33 am] Mitch K: watching HCSG
[06:34 am] Mitch K: watching FSLR for top to
short
[06:35 am] Mitch K: watching INFA for bottom
to buy
[06:36 am] Mitch K: watching CTXS for bottom
to buy
[06:36 am] Mitch K: watching GES for bottom
to buy
[06:37 am] Mitch K: watching for VRX for
short on top of bounce
[06:37 am] Mitch K: watching AVP for bottom
to buy
[06:38 am] Mitch K: watching BRY for bottom
to buy
[06:39 am] Mitch K: for top
[06:39 am] Mitch K: watching ONXX
closely
[06:39 am] Mitch K: watching PAY for top to
short
[06:41 am] Mitch K: watching SPRD for top to
short
[06:41 am] Mitch K: missed PXD bottom but
watching for top to short on this
rebound
[06:41 am] Mitch K: watching ALGN for top to
short
[06:42 am] Mitch K: consider selling most of
TSCO long
[06:42 am] Mitch K: watching OAS for
bottom
[06:43 am] Mitch K: watching SXCI for top to
short
[06:45 am] Mitch K: watching CHSI for top to
short
[06:45 am] Mitch K: watching CERN for top to
short
[06:46 am] Ed : getting pullback inSPY[06:46
am] Mitch K: watching ITRI for top to
short
[06:49 am] Mitch K: what price you guys get
for TSCO long? still looks strong
[06:49 am] Mitch K: i mean out of the
long
[06:49 am] Mitch K: should be out of
FAST
[06:51 am] Mitch K: consider covering CHSi,
try 91.50 area
[06:53 am] Mitch K: watching INFA for top to
short
[06:53 am] Mitch K: watching KORS for short
here
[06:55 am] Mitch K: consider selling CTXS
long
[06:55 am] Mitch K: CERN toppy
[06:56 am] Mitch K: watcing OMPI for top to
short
[06:59 am] Mitch K: QCOR toppy
[07:04 am] Ed : SPY new hod[07:09 am] Mitch
K: watching AIG for top to short
[07:10 am] Mitch K: ALGN turning over
[07:10 am] Mitch K: watching ECA for top to
short
[07:10 am] Mitch K: watching CCJ for top to
short
[07:12 am] Mitch K: watching ESRX for
bottom
[07:14 am] Mitch K: watching ONXX for top;
acting toppy
[07:18 am] Ed : SPY new hod[07:31 am] Mitch
K: watching LYB for top
[07:32 am] Mitch K: watching JBHT
[07:34 am] Mitch K: monitoring IOC
[07:36 am] Mitch K: watching EBAY for top to
short
[07:48 am] Ed : SPY new hod[07:48 am] Ed :
getting pullback in SPY
[07:49 am] Mitch K: watching LCC
[07:53 am] Mitch K: watching TEX
[07:57 am] Mitch K: USG toppy
[08:09 am] Ed : more selling in markets
[08:12 am] Mitch K: consider covering TEX
short soon
[08:26 am] Ed : getting bounce in SPY
[08:49 am] Mitch K: watching ROSG
[09:00 am] Mitch K: watching SINA
[09:16 am] Ed : ADVANCED TRADE monitioring
IDCC for potential short, let it run
[09:20 am] Mitch K: watching ALGN
[09:36 am] Mitch K: watching UPL
[09:37 am] Mitch K: getting toppy
[09:39 am] Ed : if u were able to short IDCC
would cover some here
[10:22 am] Mitch K: watching NKTR
[10:28 am] Ed : nice pop in SPY
[10:32 am] Mitch K: Watching JBHT again
[10:37 am] Mitch K: monitoring AAPL
[10:42 am] Ed : SPY slowly approaching
hod[11:15 am] Ed : SPY new hod’
[11:32 am] Mitch K: QSFT is moving
[11:44 am] Mitch K: watching LAZ
[11:46 am] Ed : getting some selling in
markets
[11:49 am] Mitch K: monitoring ROSG
again
[11:53 am] Mitch K: ALLT toppy
[11:57 am] Mitch K: ROSG toppy
[12:14 pm] Ed : getting some sellingin
markets
[12:53 pm] Mitch K: oops wrong keyboard
[12:53 pm] Mitch K: alb[12:59 pm] Mitch K:
consider covering ALLT now
[01:00 pm] Ed : have a great evening
traders
[01:00 pm] Mitch K: see you guys tomorrow
| [06:17 am] mikewd2 -: UVXY might be good
trade again today
[06:17 am] apple : gm khall[06:17 am] khall
: gm apple
[06:17 am] apple : gm eddy
[06:17 am] apple : gm lisa[06:17 am] apple
: gm sky
[06:17 am] qwert : gm apple
[06:17 am] apple : gm mike
[06:17 am] apple : gm joey
[06:17 am] mikewd2 -: hi apple
[06:18 am] eddy : hi apple
[06:18 am] apple : gm qwert[06:19 am]
skydiver : gm apple, sky, joey, mike, lisa,
khall, qwert, and all the rest
[06:19 am] skydiver : hey I said hello to
myself!!
[06:19 am] mikewd2 -: haha[06:19 am] apple :
hello self!
[06:19 am] skydiver : 🙂
[06:20 am] qwert : hahaha[06:20 am] joeytsa
: gapup: PETM,MLNX
[06:21 am] joeytsa : gap down:
DSW,INFI,BODY,ONXX
[06:21 am] skydiver : thnx joey
[06:22 am] apple : thx joey
[06:22 am] qwert : ELT a big gap as
well
[06:23 am] apple : big drop on LVS
[06:23 am] qwert : nevermind ELT a
takeover
[06:25 am] eddy : XG up 53% take over by
yamana gold
[06:26 am] eddy : GRPN upgrade by mprgan
stanley[06:26 am] apple : thx eddy
[06:28 am] eddy : BODY qown 35% missiing
estimates
[06:28 am] shark : wow
[06:29 am] joeytsa : India rating cut to
negative by fitch[06:29 am] shark :
ouch
[06:29 am] joeytsa : just need one more big
push higher to suck in some more money
[06:30 am] shark : 🙂
[06:30 am] skydiver : MSFT – (microsoft) –
big revealing day in Los Angeles — boom or
bust for them ??
[06:30 am] joeytsa : 6:30am and its already
90 degrees
[06:30 am] shark : :O
[06:31 am] mikewd2 -: yeah but its a dry
heat!
[06:31 am] joeytsa : 🙂
[06:31 am] apple : stay inside joey
[06:31 am] skydiver : hi of 63 and rain
today in Portland 🙂
[06:31 am] apple : sky – i have a feeling it
will be a boom for them
[06:32 am] apple : nice crisp 62 right
now
[06:32 am] skydiver : could be apple
[06:32 am] apple : i think so, it’s all
windows, all the time!
[06:33 am] shark : watching KORS for
bottom
[06:33 am] shark : CRM sky???
[06:34 am] shark : watching
[06:34 am] skydiver : watching it shark —
missed
[06:34 am] joeytsa : VRTX testing 57
res
[06:34 am] mikewd2 -: GMCR moving
[06:35 am] eddy : watching GRPN
[06:36 am] eddy : L GRPN 10.65
[06:36 am] shark : nice bounce SPY
[06:37 am] shark : SPY hod[06:38 am] eddy :
OUT HALF GRPN
[06:38 am] qwert : watching aapl[06:38 am]
skydiver : BODY still dropping
[06:39 am] skydiver : SPY strill
climbing
[06:40 am] eddy : All out GRPN
[06:41 am] shark : AAPL up nicely on day
🙂
[06:41 am] skydiver : JOY clilmbing a bit —
L 55.19
[06:42 am] skydiver : out 1/2 JOY L
55.45
[06:42 am] skydiver : low volume on JOY
[06:43 am] skydiver : out another 1/4 JOY
L
[06:45 am] mikewd2 -: MLNX moving up
nicely
[06:46 am] skydiver : nice mike
[06:47 am] skydiver : all out of JOY L
[06:47 am] shark : nice sky
[06:47 am] skydiver : yeah shark – but —
messed up on not watching volume! very
low
[06:47 am] skydiver : but profit is profit
🙂
[06:48 am] shark : all out CRM
[06:48 am] shark : +.80, small bite
[06:48 am] joeytsa : nice trade
[06:48 am] skydiver : nice shark
[06:49 am] shark : AAPL pulling back,
watching markets
[06:50 am] joeytsa : housing market index
top of the hour
[06:52 am] shark : FB new hod[06:52 am]
mikewd2 -: if brent hits 90, expect opec to
slow production
[06:52 am] shark : watching body, new
lod[06:53 am] shark : BODY
[06:56 am] skydiver : 4 minutes before
housing report
[06:56 am] shark : watching EBAY for poss
top
[06:56 am] apple : thx sky
[06:58 am] joeytsa : LULU cons just under
prev cl
[07:00 am] skydiver : Housing up above
expectations 28 expected – came out at
29
[07:00 am] shark : 🙂
[07:02 am] joeytsa : 29 was last out
also
[07:02 am] joeytsa : GS still struggling
with vwap, just watching
[07:03 am] eddy : test
[07:03 am] skydiver : thnx joey – Fly on the
wall audio had 28 /29 but now see the written
statement is 29 / 29 – interesting
[07:03 am] joeytsa : 28 was the forecast for
this report
[07:03 am] Ed : i c you eddy
[07:03 am] eddy : k thx
[07:04 am] skydiver : okay — thnx joey
[07:04 am] joeytsa : not sure how those #’s
make me money though
[07:04 am] shark : FB 🙂
[07:04 am] skydiver : me either –
[07:04 am] qwert : watching onxx[07:05 am]
skydiver : watching LQDT
[07:05 am] shark : BODY d.o.a[07:05 am]
joeytsa : VRTX still looking good
[07:05 am] joeytsa : watching ALXN dbl top @
$94
[07:06 am] shark : AAPL testing hod[07:06
am] skydiver : come on down LQDT
[07:07 am] skydiver : all out of LQDT S
[07:13 am] victor51 : gm all
[07:13 am] skydiver : gm victor
[07:15 am] skydiver : LNKD been climbing
this morning
[07:16 am] jsn13 : cern going higher
[07:18 am] shark : AAPL break over
50day
[07:18 am] shark : if vol continues, could
be pocket pivot
[07:18 am] shark : market in confirmed
uptrend – source IBD
[07:19 am] skydiver : thnx shark
[07:19 am] shark : PCLN +$10 – 🙂
[07:20 am] skydiver : nice shark
[07:21 am] apple : shark, you are da
man!
[07:22 am] skydiver : the shark is feeding
well today 🙂
[07:23 am] joeytsa : CRM testing prev hi,
nice move off s2
[07:23 am] shark : 😉
[07:25 am] mikewd2 -: VRTX consolidating for
another leg u
[07:26 am] joeytsa : been good so far
mike
[07:27 am] mikewd2 -: vix 19.80
[07:32 am] aussie123 : Dow threw a
gravestone doji @ 7.29?
[07:34 am] joeytsa : VMW nice climb
[07:35 am] mikewd2 -: FST breaking down
[07:36 am] joeytsa : nice quick pullback on
VMW haha[07:36 am] shark : MNST up over
b/e[07:37 am] shark : LULU fakeout joey,
over b/e on 1st attempt
[07:37 am] joeytsa : yeah, been watching it,
now testing prev hi
[07:38 am] joeytsa : pullback was a higher
low also
[07:38 am] shark : 🙂
[07:38 am] mikewd2 -: Mark Cuban looks like
he had a rough weekend
[07:38 am] joeytsa : interesting day so
far
[07:38 am] shark : totally!!!!!!!
[07:39 am] joeytsa : already over 30,000
scan signals..didnt have that many all day
friday 🙂
[07:40 am] shark : wow!
[07:41 am] joeytsa : EXPE testing prev
hi
[07:42 am] joeytsa : been more of a swing
trade stock
[07:43 am] skydiver : citi group defending
SHOO
[07:45 am] eddy : FSLR
[07:48 am] shark : lol[07:48 am] shark :
nice one, Ed!
[07:49 am] Ed : nice quick pop
[07:49 am] shark : i like that flexibility
-yeah!
[07:49 am] Ed : lol[07:49 am] mikewd2 -: Ed
is always right!
[07:49 am] Ed : flow with the flow
[07:49 am] mikewd2 -: at least one of the two
opinions
[07:50 am] mikewd2 -: run FST run
[07:51 am] shark : lol, mike
[07:51 am] skydiver : no emotions around
here 🙂
[07:51 am] shark : haha[07:52 am] skydiver
: I almost clicked on JOY to buy L, but it
jumped faster than I could get it!!!
[07:52 am] skydiver : no emotions – stay
calm – I’m in the “zone” –
[07:56 am] skydiver : have busy day – see
you all — keep up the good work!!!
[07:56 am] Ed : see ya sky
[07:56 am] shark : bye sky!
[07:56 am] skydiver : 🙂
[07:58 am] shark : Joey -seems like PCLN
could re-test 50day over next few days
[08:01 am] shark : watching EBAY
[08:01 am] shark : vol strong
[08:04 am] shark : AAPL testing R3
support
[08:25 am] mikewd2 -: HLF hod[08:32 am] qwert
: onxx short really working out :))
[08:32 am] qwert : thx mk for onxx[08:34 am]
qwert : amzn breaking out
[08:36 am] lisas : well, had given up on
LCC, finally came down:)
[08:37 am] jsn13 : qwert, where is ur entry
for ONXX short?
[08:38 am] qwert : i shorted twice first
time stopped 2nd time nice winner
[08:38 am] joeytsa : shark: just getting
back, i see that on PCLN
[08:39 am] jsn13 : where were 1st entriy and
2nd entry?
[08:40 am] qwert : 1st time 7:06pst bar 2nd
time 7:22 pst bar
[08:40 am] jsn13 : ok dont the 2nd entry
look somewhat like breakout? what makes the
diff?
[08:41 am] jsn13 : thansk for the info
qwert….
[08:42 am] jsn13 : i mean the 10.21am bar
look like a breakout….what do u think
ed?
[08:42 am] jsn13 : sorry 10.19
[08:43 am] jsn13 : when it did not break
down and break higher instead with high
vol…
[08:43 am] Ed : breakout failure
[08:44 am] jsn13 : so it in fact is a
breakout signal right? but should it be
turned into short once the vol dropped
off?
[08:45 am] Ed : when u look at daily, it need
a whole lot more power to be convencing
breakout, at current level it was hitting
resistance on daily
[08:47 am] Ed : so due to resistance, I would
be lookn for short, but gettin interested on
long if it could breakout 48.12 with strong
vol[08:47 am] jsn13 : thank u ed….got
it….very nice explanation……
[08:47 am] eddy : GRPN KEEP MOVING UP
[08:48 am] Ed : nice one eddy
[08:48 am] qwert : yeah thx ed i just liked
chrt pattern along with resistance on daily
for onxx[08:48 am] Ed : nice eye qwert[08:49
am] joeytsa : good one qwert[08:49 am] qwert
: thx
[08:51 am] qwert : no shorts at lightspeed
on ROSG
[08:54 am] qwert : Ed are you short
rosg[08:54 am] Ed : mum is the word, LOL
[08:54 am] qwert : hahaha[08:54 am] Ed :
yes
[08:55 am] jsn13 : ur entry ed on rosg
short?
[08:55 am] qwert : love that pattern
[08:55 am] lisas : inquiring minds Ed
[08:55 am] jsn13 : 11.51 or 11.53 am?
[08:56 am] Ed : 11:52
[08:57 am] mikewd2 -: no shorts at TS
[08:57 am] mikewd2 -: story of my life –
aha
[08:57 am] Ed : still waiting on firm to get
back with me
[08:58 am] jsn13 : after rejection of higher
prices followed by indecision….with a stop
above hod?
[08:58 am] Ed : as far as prop firm
[08:58 am] mikewd2 -: ty, Ed
[08:58 am] qwert : ebay popped
[08:59 am] qwert : sorry ELT not ebay[08:59
am] Ed : for that one jason, i have seen the
pattern many many times
[09:01 am] jsn13 : ok i see…would u have
entered at 11.51?
[09:02 am] Ed : too earlyfor me
[09:02 am] jsn13 : afterpeak volume and
rejection of higher prices hitting the
resistance?
[09:02 am] jsn13 : ok….i felt the same way
also….want more confirmation….
[09:03 am] Ed : right best to allow action to
tell you, then take once u feel there is an
edge
[09:03 am] jsn13 : did u set ur stop above
hod?
[09:04 am] Ed : yes, but would not have given
it that much room, stop just for
insurance
[09:05 am] jsn13 : ok thanks….nice
explanation…..the spread is wide
though….
[09:06 am] Ed : no problem
[09:13 am] joeytsa : AMZN forming a desc tri
on the 1min, just watching
[09:13 am] joeytsa : not a perfect one
though
[09:16 am] sakii : IDCC
[09:16 am] joeytsa : nice one sakii[09:18
am] mikewd2 -: IDCC selling patents
[09:18 am] qwert : intel buying idcc[09:18
am] mikewd2 -: buying company or just some of
their patents?
[09:18 am] qwert : patents for 375
million
[09:18 am] qwert : sorry
[09:40 am] jsn13 : ed, u use prop firm to
short? where did u enter?
[09:40 am] Ed : no, only for shares real hard
to borrow
[09:40 am] Ed : like ROSG
[09:41 am] qwert : ed thx for idcc[09:41 am]
jsn13 : so u use normal acc? where was the
signal?
[09:44 am] Ed : signal for my type of
trading, 12:26 was caution, no signal as
stock was strong need more information,
rejection 12:28 possible signal,12:30 nice
signal confrm rejection of higher prices,
entry on 12:32.
[09:45 am] Ed : this is on 2min chart, stock
was much stronger so wanted better view than
1min
[09:45 am] eddy : wud u take idcc long
again?
[09:45 am] eddy : it is at vwap[09:45 am]
jsn13 : ok thanks ed….again, very
nice….
[09:46 am] Ed : not right now, if it comes
down quite a bit whereing vol price
acclerates would look at it as possible
trade
[09:46 am] Ed : for long
[09:47 am] eddy : ok watching it
[09:47 am] victor51 : Good ride IDCC Out,
Thanks Ed
[09:49 am] Ed : nice trading victor
[09:49 am] lisas : yes, thanks for
idcc[09:49 am] qwert : onxx all the way back
to open
[10:05 am] john123 : NSM
[10:06 am] eddy : arna[10:06 am] eddy :
arna[10:45 am] joeytsa : QCOR bit of a
spike
[10:46 am] joeytsa : maybe 50cents
[10:58 am] qwert : test
[10:58 am] eddy : we c u qwert[10:59 am]
qwert : thx
[11:02 am] eddy : ALGN quite a drop in the
last 20 mns[11:02 am] eddy : setting up
now#or consolidating
[11:03 am] Ed : potential setup, not my type
of trade though
[11:04 am] Ed : its one of those 50/50
trades
[11:24 am] joeytsa : TSCO still in
uptrend
[11:36 am] Ed : hey eddy did u leave ALGN
alone
[11:40 am] eddy : ya[11:41 am] eddy : did
not trade it
[11:41 am] Ed : nice no trade
[11:44 am] joeytsa : eye on ALLT
[11:44 am] joeytsa : a bit late ?
[11:52 am] jeremy : LAZ Short?
[11:53 am] Ed : too late now for short in LAZ
jeremy[12:04 pm] apple : ROSG nice move up
from about 9.50 earlier today
[12:13 pm] joeytsa : SPY vol seems a bit
low?
[12:14 pm] joeytsa : some selling here
[12:18 pm] apple : agree
[12:25 pm] Ed : it is low
[12:25 pm] apple : lower than before
[12:27 pm] eddy : NSM setting up
[12:29 pm] Ed : slow dteady downtrend, needs
some acclerated price,vol to setup for
potential long
[12:41 pm] joeytsa : unless we get a big vol
push, might be lowest vol day in a couple
months
[12:41 pm] Ed : agree
[12:42 pm] jsn13 : ed, juz now i asked about
the 10.19am bar on onxx….it looked very
similar with qcor 10.06 bar….so the reason
qcor successfully went higher was that it did
not have any strong potential resistance
right?
[12:43 pm] Ed : QCOR brokeout on daily
[12:44 pm] jsn13 : so at that point we
should not think that it might form a double
top right?
[12:44 pm] jsn13 : the odds are higher on
the long side?
[12:45 pm] Ed : still gave short, but u have
to be precise on those if u take, more money
on long
[12:45 pm] Ed : yes
[12:47 pm] jsn13 : but at that 10.06 bar,
when it moved higher, we should think of it
as breakout right? once it closed and after
we entered, we should tighten up on our stops
right?
[12:47 pm] Ed : it can still form double top
though, just not as much traction on
downside
[12:48 pm] Ed : yes, but better play would
have been 9:43
[12:49 pm] Mitch K: good eye on NSM
john123
[12:49 pm] jsn13 : ok more
potential…thanks….nice insight…
[12:49 pm] Ed : still gave nice play at 10:06
though
[12:50 pm] Mitch K: but your quota is ten a
day
[12:50 pm] Ed : lol[12:50 pm] jsn13 : the
funny thing is that i went short on qcor and
went long on onxx….lost on
both….haha…
[12:51 pm] jsn13 : but i found my
reasons….tahnsk ed….
[12:51 pm] jsn13 : *thanks
[12:51 pm] Ed : never feel like u have to
rush it, if it setups up great, take it, if u
miss, best to move on wait for another
opportunity
[12:52 pm] apple : hear, hear E!!! there
will ALWAYS be more!
[12:53 pm] jsn13 : i did not chase and
entered on both dojis for qcor and onxx…juz
that on the wrong side…
[12:53 pm] jsn13 : learning to evaluate my
edge….
[12:53 pm] Ed : the one common them u will
always here from succesful traders is that
they stay in the “now moment opportunity
flow”
[12:54 pm] apple : i like that one E — so
true
[12:54 pm] Ed : the realize market is filled
with countless opportunities and will just
wait for there setup to present itself
again
[12:54 pm] Ed : their setup
[12:55 pm] apple : patience is a virtue
[12:55 pm] Ed : great point apple
[12:55 pm] jsn13 : yup agree…..thanks for
the reminder…..
[12:55 pm] apple : right, something i am
learning all the time
[12:57 pm] apple : E- been playing with
tradestation, so far — great
[12:57 pm] Ed : its pretty cool
[12:58 pm] apple : so much to learn right
now… but i am having fun! love the
workspaces
[01:00 pm] eddy : bye bye all
[01:00 pm] eddy : see u tom
[01:00 pm] joeytsa : Thanks Mitch,Ed,
traders…see you in the morning
[01:00 pm] apple : everyone have a fun
evening!
[01:01 pm] lisas : Glad you like it apple,
there is a lot to learn, but you’ll like it
alot[01:01 pm] lisas : buy apple
[01:01 pm] lisas : no, I mean bye
applle[01:01 pm] qwert : bye everybody cya
in the am
[01:01 pm] apple : lisa, are you going to be
around for a while?
[01:01 pm] lisas : yes
[01:01 pm] apple : i’ll call you, ok
[01:01 pm] lisas : Great
[01:04 pm] lisas : Thanks Mitch, Ed, and
all, have a great nite[01:04 pm] jsn13 :
thanks guys for the help….have a great
night…
[01:07 pm] shark : 🙂
|
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