[06:22 am] Kris : Good Morning
Traders
[06:23 am] Brent : good
morning
[06:24 am] Kris : and LNCR and
CMED as possible shorts
[06:24 am] Kris :
This morning I’m watching HOG, MGM and PII as
possible longs
[06:28 am] Kris : I’ll look
for a possible short in GS, breaking below
support with this gap down.
[06:30 am]
Kris : out half of my SINA swing hold from
yesterday
[06:30 am] Kris : PII
long
[06:31 am] Kris : AGU long half
position
[06:31 am] Kris : out half QCOM
long
[06:31 am] Kris : QCOM long
[06:32
am] Kris : stop second half QCOM under
56.15
[06:32 am] Kris : TDC long half
position
[06:33 am] Kris : DVN long half
position
[06:33 am] Kris : solid wave of
buying at the open
[06:34 am] Kris : RENN
short half position
[06:35 am] Kris : I’ll
probably close out my long in TDC on a top
and then re-enter on a pullback for second
helping.
[06:35 am] Kris : out half TDC
long
[06:35 am] Mitch K: watching TDC for
top
[06:35 am] Mitch K: watching TIBX for
top
[06:36 am] Kris : NTAP long half
position, will add NTAP on a pullback and
hold of 51.00
[06:36 am] Kris : out all
TDC long
[06:37 am] Brent : watching AG
for a bounce, support at 23.16
[06:37 am]
Kris : looking for a pullback into 58.60 area
on TDC for possible second helping long, I’ll
start slow on it.
[06:37 am] Kris : PII
trying to test hod
[06:38 am] Kris : ALTR
long half position
[06:38 am] Mitch K:
looking for small short in IDCC
here
[06:39 am] Kris : AGU new
hod
[06:39 am] Kris : if you can get SGEN
short look to add on a bounce and fail below
17.80
[06:39 am] Kris : SGEN short half
position
[06:39 am] Kris : short second
half RENN
[06:39 am] Mitch K: APKT top,
late to see
[06:40 am] Kris : HOG long
small position
[06:40 am] Kris : stop HOG
below 45.43
[06:40 am] Mitch K: watching
UNH for bounce
[06:41 am] Brent : consider
reducing AG
[06:41 am] Brent : next target
24.15 area on AG
[06:41 am] Kris : out
half NTAP long
[06:41 am] Kris : QCOM
testing hod
[06:41 am] Kris : stop second
half NTAP under 51.13
[06:41 am] Mitch K:
missed ACN top but waiting for rebound above
61 before shorting
[06:42 am] Kris : DVN
at resistance here at 82.00
[06:42 am]
Kris : long small piece TDC
[06:42 am]
Kris : out half AGU long
[06:42 am] Kris :
out half DVN long
[06:42 am] Kris : WBMD
moving up today
[06:43 am] Kris : out half
RENN short
[06:43 am] Kris : see if RENN
can dump this support here
[06:43 am] Kris
: ZION short half position
[06:44 am] Kris
: out another 1/4 AGU long
[06:44 am] Kris
: out another 1/4 DVN long
[06:44 am] Kris
: QCOM looking trendy
[06:44 am] Kris :
TDC looking healthy
[06:44 am] Mitch K:
watching for bounce in SINA
[06:45 am]
Kris : out another 1/4 RENN short
[06:45
am] Kris : RHT long half position
[06:45
am] Kris : SPY holding up
[06:45 am] Mitch
K: watching for top in CF
[06:46 am] Kris
: out half ALTR long
[06:46 am] Kris :
SGEN looking sickly, watch for lower
lows
[06:46 am] Kris : short second half
ZION
[06:46 am] Kris : stop second half
ALTR below 43.43
[06:46 am] Mitch K:
consider MCP for top
[06:47 am] Kris : out
all RENN short, will look to short again on a
bounce
[06:47 am] Kris : out another 1/4
ALTR long
[06:48 am] Kris : DVN holding
up, look for a break over 82.00
[06:48 am]
Kris : ZAGG short half position
[06:49 am]
Kris : out half ZAGG short
[06:50 am] Kris
: can’t resist taking some here
[06:50 am]
Kris : out another 1/4 ZAGG short, will look
to add back on a bounce.
[06:50 am] Kris :
watching BAC for a possible long
[06:51
am] Kris : ARO buyout rumor
[06:51 am]
Kris : OMC short half position
[06:51 am]
Kris : SPY still looking healthy, see if we
can get a new hod
[06:53 am] Kris :
watching TAOM for a possible short
soon
[06:54 am] Kris : DANG short below
10.80, look for a weak bounce, then a new lod
into 10.80
[06:54 am] Kris : RHT making
new highs
[06:54 am] Kris : SPY near hod,
looking to push through
[06:55 am] Kris :
be patient when taking ZAGG short again, make
sure you get a solid top.
[06:55 am] Kris
: ZION still looking weak, waiting for new
lod
[06:56 am] Kris : WLP short below
73.35
[06:57 am] Kris : DVN testing
82
[06:57 am] Kris : if you got BAC long,
look to take some profit here in this area,
next target around 9.70
[06:57 am] Kris :
RENN short small position
[06:58 am] Kris
: out half OMC short
[06:58 am] Kris :
watching TSCO for a possible short
soon
[06:58 am] Kris : ZION near lod, come
on ZIONS give it up
[06:59 am] Kris : SGEN
testing lows
[06:59 am] Kris : TSCO
resistance around 72.50 but could turn early,
keep an eye on it.
[07:00 am] Kris : HANS
long half position
[07:00 am] Kris : SPY
still consolidating
[07:01 am] Kris : will
watch STT for a bounce to short
into
[07:02 am] Kris : PPDI short below
30.15, start slow might show some support at
30.00, then you can add below 30.00
[07:02
am] Kris : QCOM looking to test hod
[07:02
am] Kris : TDC breaking out
[07:03 am]
Kris : out half TDC long
[07:03 am] Kris :
watching RVBD for a possible short
[07:04
am] Kris : DVN winding up under
82.00
[07:04 am] Kris : I pass on TAOM
here but I’ve got my eye on a possible short
swing soon if I can get shares.
[07:05 am]
Kris : I have 2 more bullets left for RENN if
I need them.
[07:05 am] Kris : short a
little more RENN, stop over 11.22
[07:06
am] Kris : look for a long on a pullback on
VMW, could get a breakout today or tomorrow
over 52wk high. start slow.
[07:07
am] Kris : ALTR breaking out
[07:07 am]
Kris : out all ALTR long
[07:08 am] Kris :
sick
[07:08 am] Kris : so much for a
bounce in STT
[07:08 am] Kris : TDC making
another push
[07:09 am] Kris : BAC needs
to push through here, might be good to
tighten stop, if it fails could head for
lod.
[07:09 am] Kris : out half HANS
long
[07:10 am] Kris : SPY made it through
resistance, not in the clear yet but holding
trend line.
[07:11 am] Kris : KO
breakout
[07:11 am] Kris : take a small
long here in KO
[07:11 am] Kris : WebMD,
the only health insurance American’s can
afford.
[07:11 am] Mitch K: watching for
bottom in WYNN
[07:12 am] Kris : come on
QCOM, new high
[07:12 am] Kris : could
fail 69.00 but look for a small pullback and
hold to start adding on KO long.
[07:12
am] Kris : THOR long half position
[07:13
am] Kris : anyone still long BAC?
[07:13
am] Kris : SGEN no love
[07:14 am] Kris :
next resistance around 9.75, then hod at
9.85
[07:14 am] Kris : thank you QCOM,
finally a woman that listens to what I
say.
[07:14 am] Kris : well done
guys
[07:15 am] Kris : out another 1/4
QCOM long
[07:15 am] Mitch K: watching for
quick short in UNH
[07:16 am] Kris : AGU
not wanting to go, look to stop rest under
89.65 if you’re still long a piece.
[07:16
am] Kris : ALTR doesn’t want to come
back
[07:16 am] Kris : out half RENN
short
[07:16 am] Kris : TDC
consolidating
[07:17 am] Kris : patient if
waiting to add to HANS long
[07:18 am]
Brent : consider reducing more AG here if
still long
[07:18 am] Kris : RENN looking
weak against the market from the last
high.
[07:18 am] Kris : thanks
Mitch
[07:18 am] Kris : watching STT now
for a short-the-bounce soon.
[07:18 am]
Mitch K: watching for short here on
STT
[07:19 am] Kris : out half THOR
long
[07:19 am] Kris : RHT testing hod,
needs to get going soon, lagging a
little.
[07:20 am] Kris : make a note to
watch THOR and KO to maybe keep a piece as a
long swing today
[07:20 am] Kris : NOK
news
[07:20 am] Kris : out another 1/4
THOR
[07:22 am] Kris : but I am not sure
so I’m waiting for confirmation
[07:22 am]
Kris : I think it was WSJ article saying they
would have lower guidance today
apple
[07:22 am] Kris : KO at resistance
at 69.00
[07:23 am] Kris : looking for
NTAP to push through, gonna face solid
resistance here on out today so might not be
a ton of upside left in this today.
maybe another .50
[07:23 am] Kris : out
another 1/4 RENN short
[07:24 am] Kris :
BORN long small position, trading a little
thin.
[07:24 am] Kris : watching CVH for a
possible long soon, coming into solid support
between 35.50 and 35.15
[07:25 am] Kris :
TDC consolidating at resistance, could give
another leg up into 60.00
[07:26 am] Kris
: BAC holding trend line, look for new
high
[07:26 am] Kris : TAOM crapped it’s
pantsuit
[07:27 am] Kris : RENN coming
into support
[07:27 am] Kris : short small
position STT here
[07:28 am] Kris :
looking for OMC to break below
48.50
[07:28 am] Kris : stopped out on
HANS, will watch
[07:30 am] Kris : gonna
try to take profit and get it again on a
pullback, I like this for a 2-3 day
swing.
[07:30 am] Kris : out half KO
long
[07:31 am] Kris : is anyone short
WLP?
[07:31 am] Kris : WLP new
lod
[07:32 am] Kris : ATPG ALERT
[07:32
am] Kris : ok RG, what was your
entry?
[07:33 am] Kris : ok RG, I would
stop over 73.77
[07:33 am] Kris : SODA
ALERT
[07:33 am] Kris : SODA
LONG
[07:34 am] Mitch K: watching TAOM for
bounce
[07:35 am] Kris : look for SODA to
clear and hold 75.50
[07:35 am] Kris : OMC
new lod
[07:36 am] Kris : STT starting to
come down, light support here then
41.45
[[07:37 am] Mitch K: consider
covering any short in STT around 41.44
area
[07:39 am] Kris : out another 1/4 OMC
short
[07:40 am] Kris : IDCC filling the
gap
[07:40 am] Kris : thanks for reminding
me joey. I’ll have to go see a race
soon.
[07:40 am] Mitch K: consider
covering UNH short
[07:41 am] Kris : RENN
weak bounce, still looking for new
lod.
[07:42 am] Kris : out half STT
short
[07:43 am] Kris : adding a small
piece to KO long
[07:43 am] Kris : small
long piece in THOR
[07:43 am] Kris : SPY
trying to hold at support
[07:44 am] Kris
: RENN testing lod
[07:44 am] Kris : TAOM
making new lows
[07:45 am] Kris : out half
ZAGG short
[07:49 am] Kris : out all OMC
short
[07:49 am] Kris : out another 1/4
ZAGG short
[07:55 am] Kris : HXL long
small position
[08:00 am] Kris : if it can
lose this support here next stop would be
around 13.50 I think pow.
[08:10 am] Kris
: RENN new lod
[08:15 am] Kris : BAC at
lod
[08:15 am] Kris : TAOM not much of a
bounce so far, looking weak
[08:16 am]
Kris : long more HXL, I have a half position
now.
[08:16 am] Kris : STT lower
low
[08:18 am] Kris : out all RENN
short
[08:18 am] Mitch K: watching
UA
[08:22 am] Kris : AGU making new highs,
still looking good.
[08:22 am] Kris : OMC
another weak bounce, look for new
lows
[08:23 am] Kris : price and volume
no1wiz
[08:25 am] Kris : look for a
breakout long on NWSA over 15.70
[08:25
am] Kris : what’s your entry Dave?
[08:26
am] Kris : DANG getting close to
breakdown.
[08:27 am] Kris : I would stop
under 73.44, if it fails here it’s probably
gonna give a drop into 73.00. See if it
can break out of this range and move over
74.00 then reduce.
[08:30 am] Kris : set
an alert on M at 30.50 for a long breakout
over 30.65
[08:32 am] Kris : out all AGU
long
[08:33 am] Kris : KO looking for new
hod
[08:33 am] Kris : so is THOR
[08:34
am] Kris : TAOM near support
[08:51 am]
Brent : CLB has some support in the low
$113’s sakii but I don’t see enough
potential for me to take
[09:10 am] Brent
: take care scalpman
[09:10 am] Kris :
Have a good one Scalpman. Great
job.
[09:11 am] Kris : BAC long small
position
[09:12 am] Kris : TAOM starting
to round out, might not be a lot more
downside today.
[09:19 am] Brent : nice
apple
[09:19 am] Brent : SUG
alert
[09:50 am] Brent : we can do that on
occasion gecko, I personally didn’t trade
SUG
[10:05 am] Brent : Have a good one
Eyes
[10:24 am] Brent : GPRO
alert
[10:25 am] Brent : thx
lightning
[10:27 am] Mitch K: market
moving up on the upcoming Obama press
conference in a ferw min
[10:37 am] Kris :
I’m reducing KO here. will keep a small
piece as a possible 2-3 day swing.
[10:38
am] Kris : out all BAC long
[10:38 am]
Kris : same with THOR
[10:39 am] Kris : I
have to leave early today so I’m closing my
last few open positions and reducing scalps
that I’m turning into swings.
[10:41 am]
Kris : Have a good day everyone and I’ll see
you tomorrow morning.
[11:05 am] Kris : I
have SINA as a long over 120.00 but I would
prefer for the break to be tomorrow morning
with an up market possibly.
[11:08 am]
Brent : I would like to see more downside
before I will take it, but It has some
support here at $63
[11:08 am] Brent :
watching AEM for a bounce
[11:09 am] Brent
: next support would be at $62 area on AEM
[11:10 am] Kris : out half EBIX
long
[11:11 am] Mitch K: LEDS
rumor
[11:14 am] Mitch K: if you shorted
this LEDS, consider covering some here
5.44
[11:34 am] Brent : JVA
alert
[11:35 am] Brent : was quick but
consider reducing JVA
[11:35 am] Mitch K:
maybe around 23.25
[11:35 am] Mitch K: too
late to buy JVA but looking for a short on
the top of this bounce
[11:46 am] Brent :
SPY new highs
[11:59 am] Mitch K: you guys
see what i mean by shorting the top of the
bounce? like this one in JVA or SLV or
any stock that moves a lot will usually have
a decent short
[12:01 pm] Mitch K: so if
you are late or didn’t see a good bounce,
don’t stress out, just know you start looking
for a short
[12:01 pm] Mitch K: so the JVA
was a 6.35 bounce, and you can usually
get half that profit percentage on the short
side
[12:02 pm] Mitch K: exceptions may be
a negative rumor where the chart pattern
looks like this…… just a sec
[12:02
pm] Mitch K: news is filtering out that the
debt ceiling talks between the White House
and Republicans is making progress.
probably accounts for the rebounding we have
seen
[12:03 pm] Mitch K: this deep V
pattern, esp on a negative rumor, those
combined are dangerous to short the top of
the bounce
[12:05 pm] Mitch K: joey,
that’s a hard explanation but basically it
had a big candle down here at 2:32pm eastern,
and then a bigger candle down the next
minute.
[12:06 pm] Mitch K: but a round
number like $22 on a stock that had a high of
24.58 area is logical
[12:06 pm] Mitch K:
since it was so sudden and big drop, i like
to try to wait a little longer and i tend to
give a price point less weighting in my mind
as being important because of such a big drop
so quickly
[12:21 pm] Kris : out 1/4 EBIX
long
[12:21 pm] Kris : will hold last 1/4
for swing trade into tomorrow on
EBIX
[12:31 pm] Mitch K: here’s the daily
on silver
[12:31 pm] Mitch K: looks like a
little p[pullback is in order
[12:39 pm]
Kris : start looking for a bottom in HAS over
the next day or 2
[12:54 pm] Kris : I’ll
hold a small piece of SINA
overnight
[12:55 pm] Kris : no, I’ll wait
on NBR for tomorrows price action at the
open
[12:57 pm] Brent : have a good night,
qwert and apple
[12:59 pm] Brent : have a
great night everyone, see you tomorrow.
good job today
[01:00 pm] Kris : good
night everyone. see you tomorrow
morning.
[01:03 pm] Mitch K: see you guys
tomorrow
[01:09 pm] Mitch K: bye ladies | [06:02 am] candelas : IDCC up
29%
[06:14 am] 3be : gm…HOG had
good earnings last night
[06:26 am]
anthonyb : anyone watching
GS?
[06:29 am] anthonyb : I dont see
any support for GS
[06:33 am]
joeytsa : TZOO tumbling
[07:01 am]
mhaus : WBMD [06:54 am] joeytsa :
SOHU having a nice run up
[07:04 am]
lorie : LVS
[07:05 am]
lightning : mhaus, I agree on WBMD…I
am watching it for a short soon
[07:06 am]
gecko : 2nd leg up later
[07:06 am]
joeytsa : kris…good call on
TSCO
[07:07 am] randall :
sina
[07:08 am] derns : CBG is
strong
[07:08 am] lightning : S WBMD
35.38
[07:09 am] mikewd2 -: WBMD wants to
turn over
[07:09 am] staz : New high
in TZOO
[07:10 am] gecko : markets
new highs
[07:10 am] lightning :
stopped WBMD
[07:12 am] joeytsa :
WYNN probably got that spike up due to his
comments
[07:13 am] mikewd2 -:
yes
[07:14 am] anthonyb : BAC out at
9.68
[07:14 am] anthonyb : sorry
9.65
[07:14 am] no1wiz : yes I’m
still long bac
[07:14 am] skydiver :
yes
[07:17 am] staz : AGQ pushing
up, consolidation on daily
[07:18 am]
anthonyb : GS rolling over?
[07:21
am] chato : Are you long on AGQ
Staz?
[07:21 am] rusty : WYNN
radar
[07:22 am] apple : NOK news is
good news?
[07:22 am] gecko : wynn
hit bottom
[07:23 am] leo : KO
breakout
[07:23 am] pow :
WBMD
[07:25 am] observer : watching
REDF at lod
[07:29 am] aleem : tdc
turning
[07:29 am] gecko : 10.30
first major possible rev time
[07:29 am]
spider : Also watching REDF
Observer
[07:29 am] staz : Chato,
yes been long as a swing from late last week
from 205 on AGQ
[07:30 am] joeytsa :
SODA spiking up
[07:30 am] lightning
: enough STT for me.
[07:31 am] rg :
yes
[07:32 am] rg : 73.37
[07:34
am] rusty : SodaStream to be written up
in the upcoming July 25th issue of US
Weekly
[07:38 am] mikewd2 -: covering WBMD
34.73
[07:39 am] joeytsa : Heck yeah
its July…Del Mar and Saratoga open this
week 🙂
[07:48 am] gecko : ema 50 1m
dji acting as support
[07:49 am]
eyes-inthenow : ETFC ALERT
[07:51
am] lara : ETFC higher on rumor of Carl
Ichn investment
[07:53 am]
eyes-inthenow : AEA new High of
day
[07:54 am] gecko : is there a
relationship of stt and taom
[07:58 am]
eyes-inthenow : gecko what charts do
you use
[07:59 am] gecko :
esignal
[07:59 am] gecko :
exactly
[07:59 am] gecko :
stockcharts.com, tc2000, lightspeed,
scottrade elite
[07:59 am] Kris : that’s
it?
[07:59 am] Kris : you need more
charting software gecko
[08:00 am]
gecko : i use the multi desktop
function on the imac
[08:00 am]
gecko : so i have 6 screens on that
computer
[08:00 am] lightning : And
he has a big clock
[08:00 am] pow :
Kris target for TAOM
[08:01 am]
anthonyb : lighning, i hope “clock” is
not a typo
[08:02 am] apple : lol,
gecko is our time clock – thx
[08:02 am]
lightning : lol, not a typo… Gecko
watches for time patterns.
[08:02 am]
scalpman : MCP S @ .66
[08:03 am]
gecko : at 1159 and noon
[08:03 am]
gecko : its time for lunch
[08:03
am] gecko : look at erx and
arw
[08:03 am] gecko : studying
charts yest
[08:03 am] pow : WBMD
second short here? Kris or MK
[08:04 am]
apple : thx gecko, will check it
out
[08:04 am] gecko : on the
1m
[08:05 am] Kris : gecko, you should
develop a strategy
[08:05 am] Kris : or do
you have one already?
[08:06 am]
apple : looks like a breakout
[08:06
am] gecko : my strategy is to trade
trends and look for reversals at key
times
[08:06 am] gecko : working on
it
[08:07 am] gecko : i.e. if it’s
not a key time or key number don’t do the
reversal trade the trend
[08:07 am]
scalpman : All out MCP small
profit
[08:08 am] Kris : what times or are
they time ranges?
[08:09 am] apple :
I have seen 1:30 and 2:00 as well
[08:09
am] gecko : key times i think are noon,
10.30 for reversals
[08:09 am]
Kris : does it have to be on high noon or is
it a range like 11:50 to 12:10?
[08:10 am]
gecko : also
[08:10 am] gecko
: any half hour or hour can do it
[08:10
am] gecko : noon plus or minus 2
minutes
[08:10 am] gecko : sounds
great Kris good luck
[08:10 am] Kris : I’m
gonna back test it
[08:10 am] Kris :
interesting, thanks gecko
[08:11 am]
aleem : let us know how it turns out
Kris
[08:11 am] gecko : good
point
[08:11 am] gecko : today on
stockcharts.com
[08:11 am] Kris : I
will
[08:11 am] Kris : it’s back
testing
[08:11 am] Kris : luck is not a
factor
[08:12 am] duckfan : Watching
PBR
[08:12 am] gecko : 1m
[08:12
am] gecko : dow crossed ema 15 at 10.30
and 50 at 11
[08:13 am] gecko :
looking for crossovers on the markets all the
time
[08:13 am] Kris : gotcha
[08:13
am] Kris : oh, I thought you were giving
examples of your time frame strategy cause
you said 10:30 and 11:00
[08:13 am] Kris :
so you’re looking for reversals or crossovers
at exact times or both?
[08:15 am]
anthonyb : anyone else short
wbmd?
[08:15 am] duckfan :
UA
[08:16 am] lightning : yes, I
shorted WBMD at 35.34
[08:17 am]
anthonyb : 35.32
[08:17 am] rg
: RENN lod
[08:18 am] ghaziar : By
chance , I bought HK before the 50% increase.
Now it seems to be going nowhere — sell or
hold (TSA)?
[08:20 am] Kris : I think
that’s a buyout ghaziar, let me
check
[08:20 am] lightning :
anythony, I am closing 1/3 WBMD here at .18
and moving my stop tighter.
[08:21 am]
gecko : Kris what is the best source to
learn about backtesting?
[08:21 am] Kris :
BHP Billiton (BHP) will acquire Petrohawk
Energy Corporation (HK) for $38.75 per share.
Overall option implied volatility of 45 is
near its 26-week average according to Track
Data, suggesting non-directional price
movement.
[08:21 am] Kris : not gonna be
much upside to that ghaziar. probably
gonna be very very slow up into that .75
price.
[08:22 am] ghaziar : OK.
Thanks Kris.
[08:22 am] lightning :
all out WBMD
[08:23 am] no1wiz :
kris what do you use to scan for the stocks
during the trading day
[08:23 am] rg
: out half WLP
[08:25 am] gecko :
pattern on williams r 5m suggest we might
have a bottom here in the markets
[08:25
am] qwert : kris- can you give your
thoughts on SODA and stop
[08:26 am]
qwert : avg. 73.93 on soda
[08:36
am] anthonyb : well guys, I’m done for
the day, made a lot of stupid mistakes today,
I’ll see you all tomorrow.
[08:37 am]
apple : anthony, have a good night and
remember — as long as you learned something
today, tomorrow is another day
[08:37 am]
gecko : markets back to oversold
5m
[08:37 am] rg : DANG
[08:39
am] anthonyb : thanks, I got flustered
with my data feed and switched platforms. I
bought when I should have sold. placed the
wrong stop orders, that sort of
stuff.
[08:39 am] gecko : markets
breaking ema 15 5m
[08:39 am] mikewd2 -:
support for DANG is near 10.50
correct?
[08:40 am] rg : out 1/2
DANG at .67
[08:41 am] no1wiz : what
platforms are you guys using. I can’t seem to
get in and out as fast as the rest of
you……smile
[08:42 am] anthonyb :
TOS, ampfutures w/ninja, and
TDameritrade
[08:42 am] anthonyb :
TOS+thinkorswim
[08:42 am] scalpman
: Kris Thoughts on M now?
[08:43 am]
aleem : open the documents tap at
the right bottom of the trading room window.
there are recommendations of
platforms
[08:43 am] gecko : wynn
was a nice short at 11.30
[08:43 am]
sakii : CLB worth looking at
?
[08:43 am] scalpman : ..watch for
L?
[08:44 am] apple : I had moved
the chat over a bit, and now I only have one
chart showing UA. How do I get them to
overlap again? I already refreshed the
screen. thx.
[08:44 am] gecko
: on the ema 200 1m
[08:44 am]
scalpman : All out DANG S…sorry
didn’t post before.
[08:45 am] apple
: ok, I thought it was me because of what I
was doing at the time. thx,
light
[08:45 am] lightning : apple,
that is all any of us see.
[08:46 am]
scalpman : Gecko, so as we approach
12noon (EST) what will happen with ERX and
ARW?
[08:47 am] apple : good answer,
gecko
[08:47 am] gecko : feeling
like a politician
[08:47 am] gecko :
inc wynn at 11.30 was at yest close and ema
200
[08:47 am] gecko : we will
see
[08:48 am] gecko : so good time,
and double resist
[08:50 am] rg :
out all DANG
[08:51 am] gecko :
Brent u are quiet today
[08:51 am]
lorie : CDTI
[08:51 am] sakii
: ok ty
[08:53 am] Brent : tough to get a
word in edgewise when Kert tears it up like
he did this am Gecko
[08:53 am]
sonic : vmw?
[08:54 am] qwert
: nwsa getting close to 15.70 again
[08:57
am] scalpman : ERX S @ .62 out
2/3
[08:58 am] apple : 2 min. til
noon
[08:58 am] apple : pie in the
face
[08:58 am] mikewd2 -: Man threw plate
with foam at Rubert Murdock’s face during
hearing
[08:59 am] scalpman : all
out ERX S
[09:00 am] scalpman :
Witching hour!
[09:02 am] lightning
: NWSA new high
[09:03 am] lightning
: nice slotown. way to go
[09:03 am]
scalpman : NWSA L @ .71
[09:03 am]
scalpman : NWSA over 15.70
[09:03
am] slotown : guys thanks for the WBMD
idea yesterday I went long with options and
today I am up almost 72% on that
play
[09:04 am] slotown : thx to you
all for the idea
[09:05 am] apple :
great for you slotown, missed that post
yesterday
[09:06 am] barbaralla :
thank you traders happy hunting
[09:06 am]
scalpman : All out Even NWSA
[09:06
am] scalpman : Tight stop on
NWSA
[09:09 am] mikewd2 -: sina at
lod
[09:09 am] scalpman :
Story: A few weeks ago I traded well
and made money for 2 weeks. Then I thought I
was “hotstuff” and began to lose…today I
went back to my conservative ways and made
money. Fewer trades, better quality,
made my target went to the simulator for
practice. Thanks for good advice Kris
last week.
[09:10 am] apple : good
going, scalp
[09:10 am] scalpman :
See you all tomorrow.
[09:11 am]
joeytsa : scalpman, isn’t that MK
rule #18
[09:11 am] scalpman :
Thanks Kris and Brent. Bye
[09:14 am]
gecko : possible triple bottom
dow
[09:18 am] apple : SUG
[09:18
am] junior : SUG
[09:19 am]
mhaus : any news for SUG?
[09:21 am]
joeytsa : SODA dropping fast
[09:21
am] mikewd2 -: ETE: SUG Hldrs Can Exchange Co
Shrs For $44.25/Shr Of Cash
[09:22 am]
apple : thx, mike. thx,
randall
[09:22 am] randall : sina
low of day
[09:31 am] sakii : CLB 5
concolidation breakout I think…
[09:31
am] vans : sug not acting week
enough
[09:33 am] gecko :
reversal
[09:33 am] gecko : sina
looking like possible 1230 reversal
[09:34
am] gecko : markets picking
up
[09:35 am] mhaus : SPY going
up
[09:35 am] sakii :
consolidation…fat fingers…lol
[09:36
am] babak -: Kris, I just sent you an E-mail.
please let me know if you got it.
Thanks.
[09:36 am] qwert : thanks
for SUG
[09:38 am] no1wiz : I’m
confused was the sug alert meant to short or
buy
[09:38 am] no1wiz : ok
[09:38
am] qwert : short on sug
[09:39 am]
Brent : no1wiz, alerts are advanced trades
that could be interpreted either long or
short, so just the alert is posted
[09:39
am] mikewd2 -: i think SUG has two buyers,
bidding for them. Latest is 44.25 I would be
careful
[09:39 am] no1wiz : ok i
initially thought it was a long
[09:40 am]
no1wiz : thanx
[09:44 am] leo
: What should we do with our current opening
positions when a big breaking news, eg. debt
ceiling issue or any positive / negative news
come out?
[09:47 am] gecko : tsa: it
would be good on occasion for you guys to
explain how u traded an alert
[09:47 am]
gecko : when things are slow
[09:51
am] gecko : thanks Brent. that would be
great.
[09:51 am] no1wiz : yes that
would be great
[09:52 am] Brent : I was
initially thinking long on SUG but the volume
slacked off. It didn’t make a big
enough move up for me to want to take it
short. It looks big on the chart but it
was only $1 move
[09:53 am] Brent : I tend
to be much more selective in the middle of
the day
[09:53 am] gecko :
thanks
[09:56 am] gecko : and we are
in an uptrend
[09:56 am] gecko : or
was that a double peak just below
12,800
[09:56 am] gecko : question
to me was the decline profit taking of the
best week in two years
[09:56 am]
gecko : this market is very
interesting
[09:57 am] gecko : and
we are headed south
[10:00 am] gecko
: lets see what 1 brings
[10:01 am]
lorie : good question gecko
[10:03
am] gecko : let me know if u have the
answer lorie
[10:04 am]
eyes-inthenow : good luck
everyone
[10:05 am] gecko : sina
breaking ema 200 1m
[10:08 am] gecko
: some big orders on sug
[10:10 am]
mikewd2 -: must be thoughts of a bigger offer
from Williams Cos
[10:13 am] lorie :
spy dropping
[10:16 am] apple : what
a team!
[10:16 am] lorie : and back
to you gecko
[10:17 am] pow :
LNG
[10:20 am] gecko : dow may make
new high
[10:23 am] lightning :
watching GPRO
[10:26 am] lightning :
missed GPRO…had a CL trade on and it
distracted me.
[10:26 am] lorie :
was a nice move in the CL
[10:27 am]
gecko : could spark something
[10:27
am] gecko : new high dow
[10:28 am]
gecko : he is not doing his
job
[10:28 am] gecko : obama having
a positive effect
[10:30 am] gecko :
boom
[10:31 am] babak -: watching
SCO
[10:32 am] gecko : he must
be talking now
[10:34 am] lightning
: no resolution on debt crisis…”tomorrow
they will start to ‘talk turkey’ “.
Huh.
[10:35 am] gecko : they are
going to settle this with a turkey
wishbone
[10:35 am] lightning : I
guess that “gang of 6” has a plan that then
will be the framework of discussion
[10:35
am] mikewd2 -: obama – killing price of
silver
[10:36 am] babak -: Kris, you have
a email from me, please check.
[10:36 am]
Kris : yes, I got your email babak
[10:36
am] mikewd2 -: go ZSL
[10:37 am]
apple : thx, K, need a few good swing
trades right now.
[10:37 am] babak -:
Thanks.
[10:37 am] babak -: will
do.
[10:37 am] Kris : pay attention to the
trading room, I post a few swing trade ideas
each day.
[10:39 am] gecko : new spy
hod
[10:39 am] gecko : nice calls
today kris thanks
[10:39 am] gecko :
see u later
[10:40 am] apple : yes,
thx, K for all your help
[10:40 am]
duckfan : Selling last 1/2 of
PBR
[10:40 am] gecko : looks like we
are going to have a second leg up
day
[10:43 am] duckfan : Looks like
market is pricing in the debt deal
[10:43
am] lightning : LEDS alert
[10:44
am] apple : me, too, junior
[10:44
am] gecko : the highs keep
coming
[10:44 am] junior : watching
lulu
[10:45 am] mikewd2 -: dow up
200
[10:47 am] duckfan : will be
interesting to see if the market can maintain
this momentum into the close
[10:49 am]
mikewd2 -: AGQ down 7pts since O’bama
talk
[10:52 am] leo : If the market
movement is related to Obama talk is there
any chance for shorts when move down
today?
[10:56 am] apple :
approaching 2:00
[10:57 am] candelas
: “everything is good in the
neighborhood”
[10:57 am] leo : Ask
gecko what happen at 2:00 pm.
[10:57 am]
stevemld : anyone know what Puff the
magic president said today?
[10:58 am]
stevemld : lol
[11:01 am]
candelas : agq filling gap
[11:01
am] leo : Do you see any sign of market
weakness now?
[11:02 am] mikewd2 -: ZSL
pushing thru 14
[11:05 am] staz :
Yes, exited AGQ at 214ish
[11:06 am]
1spofam : chance of slw?
[11:06 am]
apple : very nice, thx mike
[11:09
am] mikewd2 -: mines are weak after
obama
[11:10 am] lightning : L SLV
38.39
[11:11 am] apple :
AVGO
[11:11 am] duckfan : Good call
on SLW 1spofam
[11:15 am] lightning
: stopped SLV.
[11:15 am] mikewd2 -: sorry
lightning
[11:16 am] mikewd2 -: AGQ new
lod
[11:16 am] mikewd2 -: i think once the
mess in the PIGS get settled, silver will
fall hard
[11:16 am] mikewd2 -: I’m very
short Silver
[11:17 am] staz : SLV –
Talk that with debt can being kicked down the
road, there will be some rotation out of slv,
gld as safety plays for now
[11:18 am]
mikewd2 -: yep, my hope staz
[11:20 am]
gecko : dji at ema 50 1m
[11:22 am]
mikewd2 -: sina broke 120
[11:23 am]
mikewd2 -: at 1:20pm CST is that significant
gecko?
[11:23 am] mikewd2 -: lol
[11:24
am] pow : anyone know news on
SINa?
[11:31 am] lightning : I don’t
see any news on SINA pow.
[11:33 am]
junior : JVA
[11:38 am] gecko
: aem
[11:39 am] gecko : the fact
that the market have held these numbers this
late in the day is significant
[11:40 am]
apple : GPRO lod
[11:40 am]
gecko : u might even see a push for new
highs
[11:40 am] gecko : which this
late in the day is a big deal
[11:42 am]
sonic : slv
[11:46 am] gecko :
beat u brent by 10 secs
[11:46 am]
gecko : dji not far behind
[11:46
am] gecko : new highs
[11:46 am]
gecko : spy
[11:47 am] Brent : you
must’ve had your wheaties this am
[11:47
am] gecko : market feels like its going
to go nuts
[11:47 am] gecko : no
breakfast but lots jalapenos for
lunch
[11:47 am] mhaus : Watching
BA
[11:52 am] gecko : dow 12598.89
high
[11:52 am] gecko : look to se
if it cant get to 12600
[11:53 am]
candelas : BIIB breakout
[11:53 am]
junior : great call on JVA short at .25
Mitch
[11:53 am] leo : Market is
still running high. What do you think of
tomorrow?
[11:54 am] gecko : leo: i
think it will go up tomorrow
[11:55 am]
candelas : thx Mitch for jva
[11:55
am] gecko : if it holds these numbers
and does not do something crazy like drop 100
at 3
[11:55 am] leo : Thx
gecko.
[11:59 am] qwert : jva great,
thanks
[12:00 pm] aleem :
biib
[12:00 pm] joeytsa : nice call
Mitch
[12:00 pm] mikewd2 -: i think ur
right
[12:00 pm] mikewd2 -: u hit the
23.25 right on the money
[12:00 pm]
mikewd2 -: unfortunately no short shares at
etrade
[12:01 pm] lightning : WBMD
now filling the gap on the daily.
[12:01
pm] tennisball : thks Mitch for
jva
[12:02 pm] gecko : v for
victory
[12:02 pm] joeytsa : Mitch
on that last short, did you see a long
forming from around the 22.20 area to approx
22.60?
[12:03 pm] mikewd2 -: dang moving
off bottom
[12:04 pm] gecko : dji
getting ready to test high
[12:05 pm]
joeytsa : yeah, i see that
[12:05
pm] junior : MCP
[12:07 pm]
joeytsa : just so we are on the same
drop…i was talking about the drop you
called at .25, then the next move
up
[12:10 pm] mikewd2 -: AGQ at
lod
[12:13 pm] mikewd2 -: gold
falling
[12:14 pm] mikewd2 -: 203
sorry
[12:14 pm] mikewd2 -: AGQ broke
202
[12:14 pm] mikewd2 -: there went
202
[12:17 pm] joeytsa : nic fall on
AGQ…nice to pick up 3 pts in minutes,
doesnt happen all the time
[12:17 pm]
mhaus : That’s a 10% drop in one
day!
[12:17 pm] mikewd2 -: and
201
[12:17 pm] mikewd2 -: wow!
[12:18
pm] joeytsa : 5% in the last 30
minutes?
[12:18 pm] joeytsa : yes he
can !!!
[12:18 pm] mikewd2 -: about 17 pts
since Obama
[12:18 pm] mikewd2 -: dang i
wish he would talk again
[12:21 pm]
cowboyh : Wow B.O. made the market move
up that’s a change
[12:22 pm]
slotown : does anyone recommend any
good scanners
[12:23 pm] cowboyh :
Madscan through lightspeed seems to work
well
[12:24 pm] slotown : noted –
thanks much
[12:25 pm] joeytsa : i
like madscan, just getting used to
it
[12:26 pm] junior : SWSH
alert
[12:31 pm] slotown : good to
know thanks for your input
[12:33 pm]
candelas : mcp has resistance in 56
area
[12:39 pm] candelas : amzn tryn
2 breakout on daily
[12:40 pm] apple
: candelas, I just noticed that as
well
[12:41 pm] candelas : I
mentioned the bidu on friday
[12:41 pm]
candelas : this is like 3rd time in
last month
[12:42 pm] candelas :
over 148.35 or .63
[12:42 pm]
candelas : with vol of course
[12:43
pm] candelas : or better 218.63 case of
false breakout
[12:43 pm] qwert :
candelas are you thinking amzn over 218.50 in
the am w/volume?
[12:44 pm] qwert :
thanks candelas
[12:45 pm] candelas
: just kidding
[12:45 pm] candelas :
ur welcome, I just learned this stuff an hour
ago
[12:45 pm] qwert : appreciate
your sharing lol
[12:46 pm]
cowboyh : Anyone think this up turn
will follow through tomorrow
[12:52 pm]
candelas : carrying small swing short
in soda
[12:52 pm] pow : Kris are
you holding SINA over nite?
[12:52 pm]
qwert : everyone have a nice evening
see ya back in the am
[12:53 pm]
gecko : spy dji testing 3 oclockish
highs
[12:53 pm] lightning : i will
hold some WBMD (long) overnight.
[12:54
pm] johncraig : Kris, what about
NBR?
[12:55 pm] apple : light, I am
as well
[12:56 pm] apple : Thx, MK,
B and everyone for all your help today.
Have a fun evening!
[12:56 pm]
lightning : good luck to us
apple!
[12:56 pm] vans : I will hope
for a lower sina open
[12:57 pm]
gecko : sina overnight also
[12:57
pm] gecko : small
[12:57 pm] mikewd2
-: Great day, thanks all
[12:57 pm]
vans : Maybe the repubs will surprise
us with good news and the markets will
respond with a sell off.
[12:58 pm]
apple : I will, you, too!
[12:58 pm]
candelas : did not think soda would
work so quick
[12:58 pm] gecko : edu
at 120
[12:58 pm] mhaus : Good
evening. See you all tomorrow.
[12:59 pm]
candelas : have a great night
Mitch,Brent, Traders.
[01:00 pm]
apple : thx MK, K, B and everyone –
have a great evening. |
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