[06:15 am] Ed : good morning
traders
[06:31 am] Ed : watching HOG for
bottom
[06:33 am] Ed : monitor SSH today
for multiple trades
[06:34 am] Mitch K:
watching LVS for bottom to buy
[06:34 am]
Ed : no signal in HOG yet
[06:34 am] Ed :
SPY still ryn to find bottom
[06:34 am]
Mitch K: more downside in ARMH
[06:34 am]
Mitch K: watching AXP for bottom to
buy
[06:34 am] Ed : monitor 600 level on
AAPL
[06:35 am] Mitch K: watching MOS for
short, prefer over 55.6 first
[06:35 am]
Mitch K: watching IP for top to
short
[06:35 am] Mitch K: watching NAV for
short soon
[06:36 am] Mitch K: watchign
AGU for bottom to buy
[06:36 am] Mitch K:
monitoring POT drop
[06:36 am] Mitch K:
watching KORS for bottom to buy
[06:37 am]
Mitch K: watchign RKT for top to
short
[06:37 am] Mitch K: watchign THRX
for top to short soon
[06:38 am] Mitch K:
watching BPI for top to short, big mover this
week
[06:38 am] Mitch K: missed top in
NFLX to short but still monitoring for 81.60
area to short
[06:38 am] Mitch K: watching
EDU for bottom to buy
[06:39 am] Mitch K:
watching NAV closer for top to
short
[06:39 am] Ed : monitor SSH for
short, prefer bounce near hod
[06:41 am]
Mitch K: monitoring ARIA drop
[06:42 am]
Mitch K: watching RKT closer for
top
[06:42 am] Mitch K: THRX
toppy
[06:43 am] Mitch K: watching DUK for
top to short
[06:43 am] Mitch K: watchign
CRI for bottom to buy
[06:44 am] Mitch K:
still watching AXP for bottom to
buy
[06:44 am] Mitch K: watching FFIV for
top to short here, now
[06:44 am] Mitch K:
watching MCD for bottom to buy
[06:45 am]
Mitch K: watching HOG for bottom
[06:45
am] Ed : drop in SPY
[06:45 am] Mitch K:
watching LULU for bottom to buy
[06:46 am]
Mitch K: monitoring EQIX
[06:46 am] Mitch
K: more downside for IP, maybe 29.35 area to
cover
[06:48 am] Mitch K: missed exact top
in SSH but more downside on a short
[06:48
am] Mitch K: SYNC bouncy
[06:48 am] Mitch
K: bouncy now
[06:48 am] Mitch K: watching
GNC for bottom to buy
[06:49 am] Mitch K:
watching CTEL for top to short
[06:49 am]
Mitch K: FOSL bouncying
[06:50 am] Mitch
K: watching EL for bottom
[06:50 am] Mitch
K: consider reducing POT
[06:50 am] Mitch
K: consider reducing AGU long
[06:51 am]
Mitch K: looking for bounce in KORS
soon
[06:52 am] Mitch K: PAY turning
over
[06:52 am] Ed : SPY coming into
potential resistance
[06:53 am] Mitch K:
looking for 57.30 on LULU, be
flexible
[06:53 am] Mitch K: stocks that
dropped should bounce stronger than recent
days
[06:54 am] Mitch K: CTEL turning
over, any shares avail?
[06:54 am] Mitch
K: CTEL toppy
[06:55 am] Mitch K:
monitoring IT
[06:56 am] Mitch K:
monitoring GOOG drop
[06:56 am] Mitch K:
looking for 55 on RKT short, be
flex
[06:57 am] Mitch K: anyone find
shares to short on CTEL
[06:58 am] Mitch
K: the bounce today could be stronger than
last week or so, bounces should start getting
stronger
[06:59 am] Mitch K: consider
selling LVS long
[07:00 am] Mitch K: QCOR
hit lower lows than yesterday, had that big
drop on discouragin test results on MS
drug
[07:01 am] Mitch K: looking for small
short in GOLD soon
[07:03 am] Mitch K:
looking for RKT to break below 55
[07:09
am] Mitch K: taking time on IP short, could
be another 30 min, be flex
[07:11 am]
Mitch K: EL having strong bounce, she could
go up over 51.70 area,
[07:12 am] Mitch K:
Her girlfriend TIF, TIffany’s bouncing
too
[07:14 am] Mitch K: monitoring low vol
HOGS, not HOG
[07:15 am] Mitch K: watching
WM for bottom to buy
[07:16 am] Mitch K:
forget MTGE as potential long
[07:16 am]
Mitch K: monitoring FLS
[07:17 am] Mitch
K: EL not going to make 51.70, consider
selling
[07:28 am] Mitch K: or
buy
[07:28 am] Mitch K: still no buy
signal to cover WM
[07:30 am] Ed : more
selling in markets
[07:33 am] Mitch K:
SIMO bouncing
[07:36 am] Mitch K: WM
bouncing
[07:39 am] Mitch K: watching TSCO
for bottom to buy
[07:41 am] Mitch K:
watching GES for bottom to buy
[07:49 am]
Mitch K: watching PCYC for bottom
[07:49
am] Mitch K: more downside on MJN, just keeps
dropping
[07:50 am] Mitch K: SPY just hit
low of day
[07:51 am] Mitch K: consider
gradual selling in the GNC long
[07:52 am]
Mitch K: hold time
[07:52 am] Mitch K:
remember this first cycle of positions in the
morning often take 45-60 minutes
[07:53
am] Mitch K: watching YOKU for
bottom
[07:53 am] Mitch K: JOY trending
down again today, prob worth small short, new
low just hit
[07:54 am] Mitch K: lol
happens most times i say to cancel idea, i
lose patience, last one MTGE
[08:00 am] Ed
: SPY new lod
[08:03 am] Mitch K: YOKU
trying to bottom soon but weak
[09:26 am]
Ed : getting slight pullback in SPY
[09:28
am] Mitch K: how di dyou guys do on PCYC
bounce
[09:29 am] Mitch K: watching BAH
for top
[09:36 am] Mitch K: consider
selling most of SIMO if long, monitoring for
short at higher prices
[09:36 am] Mitch K:
watching SIMO top soon
[09:45 am] Mitch K:
GES bouncing slowly
[09:47 am] Mitch K:
watching SOHU for bottom
[09:54 am] Mitch
K: monitoring OPTT
[10:00 am] Ed : SPY
trading near resistance
[10:20 am] Ed :
getting selling in markets
[10:46 am] Ed :
monitoring BMRN for potential buy, but would
like more selling vol
[10:47 am] Ed : into
the low 40 or 39.9ish area
[10:49 am]
Ed : monitoring GMCR for break of 21.49 on
strong vol for potential short
[10:49 am]
Ed : not enough money in BMRN at this
level
[10:55 am] Mitch K: YOKU was
stronger than i thought but stocks should
start bouncing more today and
tomorrow
[10:56 am] Mitch K: after 4 or 5
down days so negative, we should get a little
more buying
[10:58 am] Mitch K: nice
little move starting in TSCO
[11:01 am] Ed
: Fed minutes are out
[11:24 am] Ed : SPY
new lod
[11:40 am] Mitch K: watching PCP
for bottom, micro trade long
[11:41 am]
Mitch K: everything microtrades now
[11:41
am] Mitch K: also watching KSU for bottom to
buy
[12:04 pm] Ed : getting slight bounce
in SPY
[12:12 pm] Ed : SPY trading @
resistance
[12:59 pm] Ed : no time
left
[01:00 pm] Ed : good night
traders
[01:00 pm] Ed : took off at :59
GMLP
| [06:16 am] shark : 🙂
[06:16 am]
khall : gm apple 🙂
[06:16 am]
apple : INFY reports tomorrow, WFC and
JPM on fri
[06:16 am] doji : MW –
NEW YORK (MarketWatch) — U.S.
stock-index futures mostly rose Wednesday as
investors looked to minutes from the last
meeting of Federal Reserve for possible clues
as to whether additional monetary stimulus is
coming.
[06:17 am] doji : The Fed
will release minutes of the June meeting of
the central bank’s rate-setting Federal Open
Market Committee at 2 p.m. U.S.
Eastern.
[06:17 am] doji : “All eyes
are on minutes from June’s FOMC meeting amid
hopes the Fed will deliver some relief
following last week’s disappointing U.S. jobs
report and underwhelming stimulus efforts
from the [ European Central Bank and
the Bank of England ],” said Ilya
Spivak , currency strategist at DailyFX, in
emailed comments.
[06:17 am] joeytsa
: reports : wholesale inv @ 7pdt,crude inv
7:30 pdt
[06:18 am] apple : thx doji
and joey
[06:18 am] joeytsa :
MAR,TXI have earnings today
[06:18 am]
joeytsa : eye on QCOR again
[06:20
am] khall : ADTN big drop in
premarket
[06:20 am] lisas : hey
apple, stepped away for min, yes to
all
[06:21 am] doji : ES
dropping
[06:21 am] doji : Even now
from yesterady’s market close
[06:22 am]
doji : That was for the SPY
sorry
[06:22 am] doji : but the ES
is marginally up 0.06%
[06:24 am] mikewd2
-: oil up 1.23
[06:26 am] doji : Hi
Mike
[06:26 am] mikewd2 -: hey
doji
[06:27 am] doji : Oil is up on
the expectations inventories are down.
Reports released at 10:30AM
[06:27 am]
mikewd2 -: would be a change for
sure
[06:28 am] apple : RIMM down to
about $7
[06:29 am] doji : I got
RIMM at 7.30 Apple
[06:29 am] mikewd2 -:
MJN sure bounced back
[06:30 am]
doji : MJN
[06:31 am] apple :
good job doji
[06:31 am] doji : MAKO
new lod
[06:31 am] doji : WFT above
12
[06:32 am] mikewd2 -: FST
[06:33 am]
apple : thx E
[06:33 am] doji
: WLP
[06:35 am] joeytsa : watching
MJN again
[06:35 am] apple :
NAV
[06:36 am] apple : DD
[06:36
am] scalpman : Out 1/3 MJN S
[06:37
am] gregs : nice, same
scalpman
[06:38 am] eyes : now
ed
[06:38 am] apple : MCD
[06:38
am] scalpman : Out antoerh 1/3 MJN
S
[06:39 am] apple : FFIV
[06:40
am] Ed : no eyes still n o signal on
HOG
[06:40 am] doji : Is it me or
the market seems toooo slow?
[06:40 am]
apple : your connection
[06:40 am]
joeytsa : QCOR diving
[06:40 am] Ed
: it is like quicksand
[06:40 am]
scalpman : All out MJN S
[06:40 am]
doji : MJN
[06:40 am] apple :
good one scalp
[06:40 am] scalpman :
Thanks apple
[06:41 am] Ed : way to start
the day scalp
[06:41 am] joeytsa :
nice trading scalp
[06:41 am]
scalpman : Thanks Ed…a good gapper
strategy worked nicely
[06:42 am]
doji : All oil stocks in
green
[06:43 am] apple : NFLX
moving
[06:44 am] eyes : did you
pass on Hog Ed
[06:44 am] Ed :
yes,
[06:44 am] eyes : I thought
so
[06:45 am] joeytsa : ES making
lower highs, just watching
[06:45 am]
apple : me too joey
[06:46 am]
apple : SHAW had a nice drop and pop
earlier – missed it
[06:46 am]
joeytsa : BIDU lod
[06:46 am]
apple : BWLD
[06:49 am] doji :
LULU weak
[06:50 am] eyes : Thanks
Apple MCD
[06:50 am] doji : Big gap
in CTEL from yesterday
[06:52 am] mikewd2
-: watching UVXY
[06:53 am] doji :
Thanks Mike
[06:53 am] gum : Mitch,
great call on LULU. I needede
[06:53 am]
apple : no prob doji
[06:55 am]
doji : LULU near double top
[06:58
am] doji : QCOR
[06:58 am]
joeytsa : nice 5ptmove on the ES past
15 minutes or so
[06:58 am] scalpman
: S Shares at TS but I missed the
drop…
[06:59 am] joeytsa :
lightspeed has CTEL shares
[06:59 am]
skydiver : Whole sales inventory coming
up in one minute
[07:00 am] doji :
Thanks Sky
[07:00 am] skydiver :
whole sales inventory was within
expectations
[07:00 am] skydiver :
🙂
[07:00 am] doji : NFLX
[07:01
am] mikewd2 -: wholesale sales as
expected
[07:01 am] doji : ANy news
on NFLX?
[07:02 am] skydiver : do
not see anything on NFLX yet doji
[07:02
am] joeytsa : not seeing anything
either
[07:02 am] doji :
UVXY
[07:02 am] doji : Thanks Joey,
Sky
[07:03 am] skydiver :
🙂
[07:03 am] joeytsa : watching for
a solid break from the 1330-1340
range
[07:04 am] apple : NFLX took
off
[07:04 am] doji : At least
without me Apple!
[07:04 am] doji :
Are you in?
[07:04 am] apple :
yeah
[07:05 am] skydiver : nice
apple on NFLX
[07:05 am] joeytsa :
watchng GS at $95
[07:05 am] mikewd2 -:
WFT hod
[07:05 am] eyes : i got .5%
on MCD thanks apple
[07:06 am] apple
: good job eyes, did you get BWLD – that was
a very good one
[07:06 am] eyes : no
only one trade today that one
[07:06 am]
doji : FSLR
[07:08 am] doji :
Whole sales inventories #% v.s 0.3%
estimated
[07:08 am] doji :
3%
[07:08 am] khall : KORS still
dropping
[07:09 am] skydiver : thnx
khall – been watching KORS for a
bit
[07:09 am] skydiver : CRM topped
out?
[07:11 am] khall : not sure –
maybe just stopping to rest
[07:11 am]
skydiver : yeah – I think you’re right
khall
[07:12 am] skydiver : KORS
weak so far
[07:12 am] khall : Yeah,
lets see what it does here at S3
[07:13
am] apple : haha MK
[07:14 am]
skydiver : monitoring FIRE
[07:15
am] skydiver : CRM at vwap
[07:19
am] khall : sky – KORS trying to move
up
[07:19 am] skydiver : thnx
khall
[07:20 am] doji : aggg missed
KORS at 40
[07:21 am] doji : Bye
KORS
[07:22 am] apple : doji, LEN
was good today
[07:22 am] doji :
Didn’t watcj at LEN today Apple, again this
is one of the days I need more
screens
[07:23 am] doji : SSH moved
from 2.75 yo 15.26 in a week
[07:23 am]
joeytsa : yeah doji, can you hook up
more monitors on your setup?
[07:23 am]
apple : wow, we need another like
that
[07:24 am] doji : Nope, my dock
station only allow me two monitors; I trade
using my laptop
[07:24 am] doji :
from work
[07:24 am] joeytsa : you
have an extra monitor on your
laptop?
[07:24 am] skydiver : CRM
keeps bouncing off of vwap today – see if it
does it again
[07:26 am] skydiver :
humm – market slow?? my screens seem to be
frozen
[07:26 am] Ed : it is, and r4ange
on SPY says same
[07:26 am] skydiver
: thnx Ed –
[07:27 am] doji : I said
the market was very slow 30min ago
[07:27
am] joeytsa : san bernadino,ca and
scranton,pa both close to
bankruptcy
[07:27 am] doji : Oil
inventories in 2 minutes
[07:27 am]
joeytsa : lower highs on GS
[07:27
am] skydiver : wow joey – how many more
cities going under in the U.S. ?
[07:28
am] joeytsa : i know stockton,ca and
harrisburg,pa already had
issues
[07:28 am] Ed : the rest are quiet,
but many are in trouble
[07:28 am]
skydiver : amazing days we live
in
[07:28 am] joeytsa : problem is
that unlike the fed, states and cities cant
print their way out
[07:28 am]
skydiver : right joey
[07:29 am]
joeytsa : tough times indeed
sky
[07:29 am] skydiver : yes – glad
day trading available 🙂
[07:29 am]
scalpman : Reducing VM L
[07:29 am]
Ed : last year, in pittsburgh they said for
every 1 in that came in , they were paying
.90 out for retirement benefits
[07:29 am]
skydiver : wow Ed
[07:30 am] mikewd2
-: MJN
[07:30 am] doji :
Inventories?
[07:30 am] mikewd2 -: EIA
inventories fell
[07:30 am] mikewd2 -:
4.7M
[07:30 am] mikewd2 -: bbls
[07:30
am] mikewd2 -: nice
[07:30 am]
joeytsa : so is that good or
bad?
[07:31 am] skydiver : all out
of CRM S
[07:31 am] mikewd2 -: i thought
good
[07:31 am] doji : Neither, it
will be filled again, there is plenty
around
[07:31 am] scalpman : WM
breaking prev hi
[07:31 am] jsn13 :
anyone still have a peice on RKT?
[07:31
am] joeytsa : just wondering if we lose
1330, does it eventually flush to
1300
[07:32 am] Ed : when do u all meet
again doji? opec that is
[07:32 am]
doji : hahahha
[07:32 am]
joeytsa : Ed, you forgot the D..its
Dopec 🙂
[07:32 am] Ed :
lol
[07:33 am] doji : Watching
MNST
[07:33 am] jsn13 : i’m still
holding my last 1/4 RKT short from 55.65 juz
now….anyone still have some left?
[07:34
am] doji : Is that an stock
Jason?
[07:35 am] eyes : Just a
question oil Drops when draw down eceeds by 3
times that does not make sence
[07:35 am]
Ed : nice patience jsn
[07:35 am]
joeytsa : all i know is that if i ran a
company and knew that the govt wanted to up
my tax rates bigtime and also have unknown
healthcare costs..i would seriously think
about closing shop and going somewhere
else
[07:35 am] mikewd2 -: very nice
jason
[07:35 am] jsn13 : ya RKT last
1/4….
[07:36 am] skydiver : I’m
with you on that joey
[07:36 am]
doji : MNST resistance 70.7
[07:36
am] Ed : people who can are doing just that
joey
[07:36 am] scalpman : OUt 1/2
WM L
[07:36 am] gregs : hmm i got
long on WM 31.60
[07:36 am] joeytsa
: just imagine what that would do to the job
#
[07:36 am] gregs : we like the
same stocks today scalpman
[07:36 am]
khall : tank it
[07:36 am]
joeytsa : yeah Ed, i do see
companies currently at least moving to “right
to work” states
[07:37 am] skydiver
: Obama’s sticking to keeping Bush Taxs cuts
(except for people who make over $250,000)
per year. So another hit against job
creators
[07:37 am] khall : but he
says its the “wealthy” paying their fair
share
[07:37 am] doji : Watching
LEN
[07:38 am] joeytsa : to me..far
is equal tax rates
[07:38 am]
joeytsa : fair
[07:38 am]
khall : me too
[07:38 am] mikewd2 -:
jason you trailing your last of
RKT?
[07:38 am] gregs : RKT finally
picking up the pace, out another
1/3
[07:38 am] eyes : he gets paid
.5 mil just to walk a round like a
pupet
[07:39 am] jsn13 : finally got
out of RKT…last 1/4 at 54.94….from
55.65…..thanks mitch for the
call….
[07:39 am] doji : Watching
MNST
[07:39 am] joeytsa : nice one
jsn
[07:39 am] skydiver : nice one
jsn
[07:39 am] scalpman : Out
another 1/4 WM L
[07:39 am] mikewd2 -:
QCOR bounced backand i missed it
[07:40
am] scalpman : All out WM L
[07:40
am] jsn13 : thanks joey and
skydiver….
[07:40 am] skydiver :
🙂
[07:41 am] eyes : you long Doji
MNST
[07:41 am] skydiver :
monitoring CRM for a low
[07:42 am]
eddy : hello all
[07:42 am]
skydiver : gm eddy
[07:42 am]
mikewd2 -: MNST L
[07:42 am] doji :
GGES at 50d MA
[07:42 am] doji : GES
lost it
[07:42 am] doji : with
volume
[07:42 am] jsn13 : mike, did
not see ur question juz now, i moved my stop
manually down….trailed it
manually….
[07:43 am] mikewd2 -: nice
job jasn
[07:44 am] mikewd2 -: MJN still
weak
[07:46 am] Ed : hey eddy
[07:46
am] eddy : hi ed just arrived in
beirut
[07:47 am] skydiver :
monitoring ADTN
[07:47 am] Ed : glad u
made it safely
[07:47 am] eyes :
Break time 1 trade +
[07:47 am]
apple : have fun eyes
[07:47 am] Ed
: no sweat eyes, best take it slow in tight
range days focus on quality of
quality
[07:47 am] doji : Beirut is
the Paris of Middle East
[07:47 am]
doji : Nice place
[07:48 am]
sakii : PCYC
[07:48 am] apple
: never been there doji
[07:48 am]
eddy : ya it is nice
[07:49 am]
apple : safe?
[07:49 am] eddy
: safe
[07:49 am] apple :
ok
[07:50 am] apple : thx
sakii
[07:51 am] doji : Never been
there either but have been in othet places
like UAE, Kuwait, Saudi, Oman,,,
[07:51
am] eddy : beirut is the best
[07:52
am] doji : Are you there for business
or pleasure Eddy?
[07:53 am] eddy :
it is my home town im here for the
summer
[07:54 am] apple : now we
have another place to visit!
[07:54 am]
eddy : welcome anytime:)
[07:55 am]
murano : ETN
[07:55 am] apple
: great
[07:55 am] apple : thx
murano
[07:57 am] rusty :
gm
[07:57 am] rusty : CIEN
raar
[07:57 am] rusty :
radar
[07:57 am] apple : hey rusty,
let’s get the party started
[07:58 am]
apple : thx rusty
[08:00 am]
rusty : SSH radar – thin so be
careful
[08:01 am] Ed : thx rusty, been on
for multiple trades today. u mentioned
yesterday
[08:01 am] Ed : was probably on
ur radar at $2
[08:02 am] qwert :
nice bounce on ETN thx murano
[08:02 am]
doji : You never called it Ed
[08:02
am] doji : SSH
[08:03 am] Ed : i
said to watch it today for multiple
trades
[08:03 am] apple : you did
E
[08:03 am] doji : SSH no available
in TOS
[08:03 am] doji : for
short
[08:03 am] Ed : 3 minutes after
market opened
[08:04 am] rusty : CMI
downgrade
[08:04 am] doji : SPY
moving
[08:04 am] Ed : and Mitch also
mentioned also,
[08:04 am] rusty :
where is SPY moving to and why?
[08:05 am]
apple : i guess you call that
confirmation
[08:05 am] Ed : its running
from sumer
[08:05 am] rusty : who’s
running from Jason?
[08:05 am] apple
: haha
[08:05 am] apple :
chucky
[08:05 am] rusty : cant wait
till fawl when the leevs chayng
[08:06 am]
Ed : 🙂
[08:06 am] skydiver : My
time is up . . . been decent day .. see you
all tomorrow 🙂
[08:07 am] Ed : c ya
sky
[08:07 am] apple : have fun
sky
[08:07 am] skydiver :
🙂
[08:07 am] shark : bye
sky
[08:08 am] eddy : bye
sky
[08:08 am] rusty : buy
sky
[08:09 am] rusty : CIEN
bounce
[08:12 am] apple : back in a
little bit
[08:13 am] scalpman :
stopped on GES…
[08:14 am]
scalpman : bye sky
[08:18 am]
mikewd2 -: MNST finally moving up a
bit
[08:19 am] doji : SSH… 20c/30c
spread…. need to learn how to trade
them
[08:21 am] mikewd2 -: out MNST 71.5
+0.70
[08:22 am] scalpman : good one
mike
[08:22 am] Ed : nice trade
mike
[08:25 am] eyes : SSH looks
like a nice BUll short setting up
[08:28
am] qwert : no shares ssh for short at
lightspeed
[08:28 am] mikewd2 -: MJN at
pivot – got out too early
[08:28 am]
mikewd2 -: sorry MNST
[08:29 am]
apple : good one mike
[08:30 am]
eyes : what setting on Stochs do you
all have
[08:30 am] eyes :
TS
[08:30 am] scalpman : Is there a
bottom for GES….???
[08:30 am] mikewd2
-: 10,8,7
[08:31 am] eyes : Stoch
lenth 10
[08:31 am] mikewd2 -:
yes
[08:32 am] qwert : i use 8,7,6
on 1 & 2 min and 10,8,7 on
daily
[08:32 am] mikewd2 -: its a bit
slower than others use
[08:32 am]
rusty : OPTT Ocean Power
Technologies and Lockheed Martin to Develop
Wave-Energy Project in Australia
[08:33
am] apple : thx rusty
[08:35 am]
lisas : Interesting Rusty, they have
struggled with that idea, but if someone can
get it to work would be great.
[08:36 am]
rusty : if wind was valuable, ppan
would be Warren Buffett
[08:37 am]
qwert : optt .36 cent spread
[08:37
am] rusty : OPTT has relativey small
float
[08:37 am] rusty :
relatively
[08:38 am] rusty : + cash
on hnd
[08:38 am] apple : you got it
rusty?
[08:39 am] rusty : what’s it?
herpes?
[08:39 am] apple :
haha
[08:39 am] lisas :
lol
[08:40 am] murano : DF
[08:54
am] rusty : GRPN changing name to
Poupon
[08:54 am] rusty : just off
new all time low
[08:56 am] rusty :
playing SSH shrt into pops, small
[08:56
am] scalpman : Time to go…started
well with two good trades. But loss on
GES ate into profits…still green.
[08:56
am] eddy : bye scalp
[08:56 am]
scalpman : See you
tomorrow…
[08:56 am] scalpman :
bye Eddy
[08:56 am] apple : have fun
scalp
[08:56 am] scalpman : see ya
apple,
[08:56 am] khall : see you
tomorrow scalp
[08:57 am] scalpman :
bye khall
[08:57 am] scalpman :
Scalpman has left the building!
[08:59 am]
qwert : TSCO still dropping
[09:01
am] eyes : Spike in OIL
[09:03 am]
rusty : NASDAQ volume 620M shares – 13%
below its three-month average; advancers and
decliners about even.
[09:04 am]
apple : thx rusty
[09:07 am]
eyes : oil up 1 point last 5
min
[09:07 am] eddy : watching UVXY
Aproaching LOD
[09:07 am] apple :
MAKO moving
[09:07 am] eyes : sorry
9
[09:11 am] rusty : SSH come to
papa
[09:13 am] apple : you got the
power rusty, nice drop on SSH!
[09:16 am]
rusty : BAH radar
[09:17 am]
apple : thx rusty
[09:18 am]
rusty : halted
[09:18 am] eyes
: TSCO at res
[09:19 am] apple :
HLSS
[09:19 am] apple : scratch
HLSS
[09:27 am] rusty : Chinese
media reporting YOKU TUDO deal is in trouble,
also the COO of $TUDO quit abruptly
http://translate.google.com/translate?hl=en&a;
mp;amp;ie=UTF8&prev=_t&rurl=t
ranslate.google.com&sl=zh-CN&
tl=en&twu=1&u=http://www.yica
i.com/news/2012/07/1889912.html
[09:31 am]
murano : BAH plans special dividend of
one billion dollars.
[09:32 am]
apple : thx murano
[09:36 am]
rusty : covered 1/2 SSH
[09:41 am]
eddy : bah ready for short
here?
[09:41 am] rusty : OPTT
radar
[09:41 am] rusty :
ho
[09:41 am] rusty : d
[09:44
am] aussie123 : oil just wont
quit
[09:44 am] gregs : SCO
dying
[09:46 am] apple : nice on
crude since noon
[09:52 am] gregs :
oh, SCO is a crude ETF
[09:52 am]
rusty : BKS tout CNBC
[09:52 am]
apple : thx rusty
[09:54 am]
rusty : covered 3/4 SSH
[09:57 am]
apple : nice job rusty
[09:57 am]
jsn13 : rust may i know ur entry on
SSH?
[09:57 am] khall : nice trade
rusty
[09:58 am] rusty :
16.75+
[09:58 am] go4it :
yoku
[09:59 am] eyes : Nice
Rusty
[09:59 am] jsn13 : rusty, did
u scale in? or u go all in? around what time
is ur entry?
[10:00 am] rusty :
scale in 16.75+
[10:01 am] Ed : sweet
butter biscuits
[10:01 am] apple :
lol
[10:01 am] apple : he’s really
good
[10:01 am] Ed : thought he was
gooder
[10:02 am] jsn13 : rusty, ur
entry is when the lower high started
forming?
[10:02 am] apple : he’s one
of the goodest
[10:02 am] apple :
this is gonna be good…
[10:02 am]
rusty : nope, I usually short into
strength
[10:02 am] rusty : on
extended stocks
[10:03 am] sakii :
TLT
[10:03 am] Ed : he is short and very
strong, translation
[10:03 am] qwert
: BAH awesome thx ED
[10:03 am]
apple : how did you know
[10:03 am]
gregs : you hit the turning point
rusty, you reading the tape?
[10:03 am]
gregs : faded the market too
😛
[10:04 am] jsn13 : haha…..ok i
get it rusty….u have more agressive
strategy….thanks….
[10:09 am]
rusty : if you notice SSH though higher
everyday, closes off the high,
everyday
[10:09 am] rusty : so
that’s my basic strategy
[10:10 am] Ed :
is that study or recognition?????
[10:10
am] rusty : and as it goes higher,
buyers become more skittish
[10:10 am]
rusty : and shorts more
agressiv
[10:10 am] rusty :
e
[10:10 am] apple : thx rusty,
makes sense
[10:11 am] jsn13 : when
did u start shorting it? i know bout
bullshorts, juz not sure how to play
it….
[10:11 am] gregs : nice,
should think more about what it did previous
days, 15m chart confirms the
pattern
[10:11 am] jsn13 : with
controled risk….
[10:11 am] rusty
: 16.75+
[10:12 am] apple :
genius
[10:12 am] rusty : “my name
is joe brown, ask me again and I’ll knock you
down”
[10:12 am] jsn13 : im trying
to learn bout the more conservative to short
this kind of stocks….cos it can juz gap up
easily….how did u scale in? how many
batches u have?
[10:12 am] gregs :
lol
[10:13 am] rusty : conservative
+ bullshort = oxymoron
[10:14 am]
gregs : i try watching level 2 more to
see when big orders on the other side start
coming in, but then again i don’t know what
i’m doing
[10:14 am] rusty : unless
you have some fundamental reason to be
short…that sometimes can help
[10:15 am]
rusty : e.g. OREX ss when ARNA
approved
[10:15 am] jsn13 : from
what i observed, it seems like shorting on
lower high seems to make more sense….like
what mitch said short into the rebound after
it peaked out….
[10:16 am] gregs :
yeah i think l2 maybe more confirmation of
technical signal like pullback
[10:16 am]
rusty : what ifyou ss on a lower high
yesterday?
[10:17 am] rusty : so
sounds like good idea but not
always
[10:17 am] gregs : yeah…
market mood, or volume? trying to
figure out what makes pullbacks a good
trade
[10:18 am] rusty : covered SSH
+1.5 avg
[10:18 am] jsn13 : ok i get
ur point rusty….thanks….so when was ur
1st entry?
[10:19 am] rusty : u have
echolalia?
[10:19 am] gregs : have a
cigar rusty
[10:19 am] apple :
lol
[10:19 am] rusty : is jsn a
bot?
[10:20 am] rusty :
🙂
[10:20 am] jsn13 : haha juz
trying to find out the exact
time….
[10:20 am] rusty :
16.75+
[10:21 am] gregs : lunchtime,
thanks for the pointers rusty
[10:22 am]
jsn13 : im looking at 1 min chart
trying to learn how to read the market
behavior…i know bout ur price….im
interested to know bout the time…..was it
around 11.30am est?
[10:22 am] rusty
: if you want to know more about SSH
trade….u should study
candes
[10:22 am] rusty :
candles
[10:22 am] jsn13 : im using
it now…..trying to plish it….
[10:22
am] rusty : on these trades I am not
looing for exact top
[10:22 am]
rusty : lookn
[10:23 am] jsn13
: *polish…..ya i understand
rsuty….
[10:23 am] rusty :
looking
[10:23 am] jsn13 : im not
inerested either….im want to kinda knwo
that top has formed….
[10:23 am]
jsn13 : what timeframe do u have u
chart? r u reading 1min or 2 min
candles?
[10:26 am] rusty : on
bullshorts its more of a feel than a
chart….once it becomes over
extended
[10:26 am] rusty : i take
advantage of the peops who are afraid of
missing the long train
[10:27 am]
jsn13 : ok got that one….understand
the idea behind bullshort….
[10:27 am]
rusty : and those early shorts who are
running to cover
[10:27 am] rusty :
and I short the strength, on the offer or
above
[10:28 am] rusty : its more of
an art than exact science, occasionally get
over run myself
[10:29 am] rusty : u
are seeing the result now
[10:29 am]
jsn13 : ok i see….haha got
it….putting the oieces
together….
[10:29 am] jsn13 :
*pieces
[10:29 am] rusty : the
person I sold too, is now selling
[10:29
am] rusty : pardon my typing, dried
spaghetti in my keyboard
[10:30 am]
apple : QCOR lod
[10:32 am]
jsn13 : ok no prob….thanks
rusty…..
[10:33 am] Ed : hey rusty
im kind of slow, can u go over that 4me
like 100x
[10:34 am] rusty : study
these before you do them, and make sure you
are well disciplined and well
capitalized
[10:34 am] Ed : i
agree
[10:34 am] rusty : sure Ed,
come to sumer skool
[10:34 am] Ed :
lol
[10:34 am] rusty : we have
spesshal clases
[10:35 am] apple :
for speshal peeple
[10:37 am]
aussie123 : recon yall can learn a guy
how to cipher???
[10:38 am] rusty :
i like cipher but you gotta pick the apples
first
[10:38 am] aussie123 : oh
boy
[10:38 am] rusty : and its hot
out yonder
[10:38 am] lisas :
Speaking of classes, I’m watching a class
about a software that will take Ninja
indicators and turn into an autotrade system.
Should work well with Mitch’s
Lightning.
[10:39 am] apple : thx
lisa
[10:39 am] rusty : Mitch making
lightning?
[10:39 am] rusty :
wo
[10:39 am] lisas : only when he’s
mad
[10:39 am] rusty : where is his
distillery?
[10:40 am] lisas : in
his raspberry fields
[10:40 am]
rusty : forever
[10:40 am]
rusty : ?
[10:40 am] apple :
apple orchard
[10:40 am] lisas : or
some such place
[10:41 am] aussie123
: Just found out that Ninja is not compatable
with apple, which is what I
use…lol
[10:42 am] mikewd2 -: QCOR
L
[10:45 am] mikewd2 -: MNST
[10:56 am]
mikewd2 -: time to swing some TNA?
[10:57
am] Ed : mike is speaking french
[10:57
am] Ed : just kidding mike
[10:57 am]
apple : lol
[10:58 am] mikewd2 -:
QCOR bounced and took out my target
[10:58
am] mikewd2 -: +0.70
[11:00 am]
jsn13 : mike, ur entry for QCOR was at
12.39 central time bar?
[11:00 am] mikewd2
-: yes, exactly
[11:01 am] mikewd2 -:
41.8
[11:01 am] mikewd2 -: out
42.54
[11:02 am] go4it : nice
Mike
[11:02 am] mikewd2 -: watching
UVXY
[11:02 am] jsn13 : haha u like
the 12.38 green up bar after the ahmmer at
12.37 right? ya i know where u set ur
target…..
[11:02 am] rusty :
GS – Mike Mayo cutting GS price
tgt to $111 from $135 – we are
lowering our 2Q12 EPS estimate from $2.38 to
$1.12, full-year 2012 from $12.05 to $10.35
and 2013 from $12.70 to $12.45.
[11:02 am]
jsn13 : nice one mike….
[11:03 am]
mikewd2 -: AGQ
[11:03 am] mikewd2 -:
missed UVXY
[11:06 am] rusty :
Kermit the frog, CNBC
[11:08 am] Ed :
there is ur TNA mike
[11:09 am] Ed : 15
min chart
[11:09 am] mikewd2 -: thanks
Ed
[11:09 am] Ed : in choppy markets use
15min 15 day to mapout ur swings
[11:10
am] Ed : in trending us 15min 55
days
[11:10 am] mikewd2 -: QCOR moving
again
[11:11 am] aussie123 : thnx
Ed
[11:11 am] qwert : Thanks
Ed
[11:14 am] mikewd2 -: HLF
moving
[11:15 am] Ed : no
problem
[11:18 am] rusty : HLF bull
CNBC
[11:18 am] rusty : he’s a HLF
distributor
[11:20 am] eyes : Good
Night Everyone 2 trades 1 good one not ended
day +23
[11:21 am] Ed : have great night
eyes
[11:21 am] apple : bye
eyes
[11:21 am] rusty : seeya
eyes
[11:21 am] khall : night
eyes
[11:22 am] rusty : SSH highest
volume day
[11:23 am] rusty : =
short any pops
[11:23 am] rusty :
based on candles
[11:24 am] qwert :
Rusty where are you getting shares of SSH for
short
[11:25 am] mikewd2 -: VIX
19.08
[11:27 am] rusty :
Penson
[11:27 am] rusty : IB had
earlier
[11:27 am] qwert : nice i
couldnt get any at lightspeed
[11:28 am]
rusty : not the easiest borrow with
that float
[11:28 am] rusty : just
keep asking
[11:28 am] mikewd2 -: out QCOR
+1.20
[11:28 am] rusty : SSH
lod
[11:29 am] mikewd2 -: QCOR rebounding
a bit like yesterday afternoon
[11:34 am]
rusty : coal sector lod
[11:34 am]
rusty : should keep an eye on this
sector
[11:35 am] rusty : for a long
swing into oversold conditions
[11:36 am]
rusty : similar to what we did with
a
[11:36 am] rusty : nat
gas
[11:38 am] mikewd2 -: MJN L 77.29
tight stop
[11:39 am] rusty : SSH
suffering hangover
[11:41 am] mikewd2 -:
out AGQ L +0.50
[11:44 am] mikewd2 -:
stopped MJN L +0.30 trailed stop too
tight
[11:45 am] mikewd2 -: FST L
6.01
[11:46 am] rusty : Dilbert
recommending stock CNBC
[12:06 pm]
rusty : Check 1 2 1 2
[12:06 pm]
rusty : Check Check
[12:06 pm]
rusty : Sound check
[12:06 pm] Ed :
i cya rusty
[12:07 pm] apple : pay
it already
[12:07 pm] rusty : bye
ed
[12:07 pm] rusty : have a good
sumer
[12:07 pm] gregs :
haha
[12:11 pm] mikewd2 -: MJN
moving
[12:17 pm] lisas : bye all,
have a great afternoon
[12:18 pm] Ed : c
ya lisa
[12:18 pm] apple : bye lisa,
have fun
[12:18 pm] gregs : bye
lisa
[12:18 pm] rusty : buybuy
lisa
[12:18 pm] sakii : later
Lisa
[12:24 pm] mikewd2 -: FST below $6
outch
[12:25 pm] chinhngo :
SALE FST AT 5.98 OR HOLD OVER NIGHT
PLEASE?
[12:26 pm] mikewd2 -: I’m long FST
chinhngo, but i wouldn’t recommend
[12:26
pm] mikewd2 -: except for some day
trading
[12:27 pm] rusty : JCP
downrade
[12:27 pm] joeytsa : JCP in
rough shape, laying off people
also
[12:28 pm] chinhngo : thank
mikewd2
[12:28 pm] chinhngo : thank
mikewd2
[12:28 pm] joeytsa : ES
testig 1330 again
[12:31 pm] rusty :
why is the ES testing? Trying to get
into college?
[12:32 pm] Ed : 🙂
[12:32
pm] joeytsa : i think its hoping to
hold, so investors can send their kids to
college 🙂
[12:32 pm] apple : grad
school
[12:32 pm] rusty :
ty
[12:33 pm] rusty : maybe just
wants invite to a good sumer skool
[12:33
pm] Ed : wit da speecial klasses
[12:34
pm] rusty : LXRX worth keepng eye
on
[12:34 pm] apple : thx rusty and
what about the other eye
[12:35 pm]
rusty : I got othr eye on my new
Iphone
[12:35 pm] apple : you and
joey
[12:35 pm] rusty : i got next
years model
[12:35 pm] apple : lucky
you
[12:36 pm] gregs : eye
phone
[12:36 pm] Ed : u mean the guy that
still uses an abacus has an iphone
[12:36
pm] rusty :
http://ourlighterside.com/stuff/new-x-phone/A
TT000441.gif CHILDREN DO NOT CLICK
THIS
[12:36 pm] apple :
haha
[12:36 pm] Ed : must be time 4me to
get one
[12:37 pm] Ed : wonder if Mitch
has one, that would be the ultimate
[12:37
pm] rusty : save money on orthopedist
too
[12:37 pm] Ed : lol
[12:37 pm]
apple : he’s probably on it right
now..
[12:37 pm] joeytsa : i need to
trade mine in
[12:38 pm] mikewd2 -: need
to download that ap!!!!
[12:38 pm]
joeytsa : no kidding
[12:38 pm] Ed :
i will get one next year
[12:38 pm]
apple : me too E
[12:38 pm]
apple : my contract is up with tmobile
in sept.
[12:38 pm] rusty : new
iphone also does thermal imaging
[12:39
pm] Ed : i dont have a contract, i just want
price to come down
[12:39 pm] apple
: or come to you…
[12:39 pm] rusty
:
http://www.youtube.com/watch?v=t3XQRglvDYo
[12:39 pm] Ed : right
[12:39 pm]
rusty : CHILDREN DO NOT CLICK
THIS
[12:40 pm] gregs :
><
[12:40 pm] apple :
there goes SPY
[12:42 pm] doji : Did
I miss something? Had real work yo
do….
[12:44 pm] apple : not a
thing
[12:44 pm] go4it : Rusty do
you know how to cook chitlins?
[12:44 pm]
doji : Test
[12:44 pm] rusty :
sure
[12:44 pm] rusty : likem with
collared greens
[12:45 pm] go4it :
Do you boil the crap out of them
[12:45
pm] rusty : sure have to
[12:45 pm]
rusty : u knowwhere they come
from
[12:45 pm] doji : WLP
runnimg
[12:45 pm] go4it : pig
guts?
[12:46 pm] rusty : hmmm im
getting hungry
[12:46 pm] go4it :
lol
[12:47 pm] Ed : nice bbbbounce in
SSSSPY
[12:47 pm] joeytsa : passed
the 1330 test 🙂
[12:47 pm] doji :
cannot find SSSSPY
[12:48 pm] rusty
: u guys gt lisps?
[12:48 pm] Ed : it
trades on dopec
[12:48 pm] rusty :
stutter too
[12:48 pm] joeytsa :
hahah
[12:48 pm] Ed : only when Im almost
nervous
[12:50 pm] rusty : someone
pls short some SSH
[12:50 pm] rusty
: so it stops going down
[12:50 pm] Ed :
lol
[12:50 pm] Ed : good one
[12:51 pm]
doji : hahaha
[12:51 pm] rusty
: dont laugh it works
[12:51 pm]
rusty : lol
[12:52 pm] rusty :
jsn u here?
[12:52 pm] apple : how
many rusty?
[12:52 pm] Ed : can u do it
for us rusty
[12:52 pm] rusty : just
one share is all that’s necessary
[12:52
pm] apple : no prob
[12:52 pm] Ed :
so ur asking me then
[12:52 pm]
rusty : the more the merrier
th
[12:52 pm] rusty : o
[12:53
pm] jsn13 : haha im here….was away
juz now….
[12:54 pm] jsn13 : nice
drop in SSH….
[12:55 pm] rusty :
AKAM Speculation of a potential deal
with Apple! AAPL CEO, Tim
Cook spotted with Paul Sagan, chief executive
of Akamai, the Internet content delivery
service. the technology executives were
seen in a deep private conversation
http://dealbook.nytimes.com/2012/07/11/amid-t
he-moguls-apples-cook-stands-out/
[12:55
pm] apple : thx rusty
[12:55 pm] Ed
: oops, hit wrong key
[12:56 pm]
rusty : anyone have a DIMI
borrow?
[12:57 pm] rusty : dont let
a good thing go to “waist”
[01:00 pm]
rusty :
http://www.youtube.com/watch?v=gBzJGckMYO4
[01:00 pm] rusty : gn all
[01:00
pm] rusty : ty for shopping
[01:00
pm] rusty : TSA
[01:00 pm]
apple : thx MK, E and everyone.
all have a wonderful evening
[01:00 pm]
qwert : bye everybody thx for great
calls today
[01:00 pm] rusty :
becareful as you deplane
[01:01 pm]
joeytsa : Thanks Mitch, Ed,
everyone..see you tomorrow
[01:01 pm]
apple : rusty you a pip
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