[06:09 am] Kris : Good Morning Traders
[06:10 am] Kris : This morning I’m watching
JEC, CIEN, MCO, CAR, GMCR, TER, LRCX and SFLY
as possible shorts.
[06:11 am] Kris : DWA, EP, GRA, WSH, CROX,
IPI and SQNS as possible longs.
[06:23 am] Kris : I set those at the open
with a through price
[06:23 am] Kris : I sometimes use stop limits
for half position entries on breaks.
[06:24 am] Kris : it will also take a little
time to adjust to trading the ideas in the
room.
[06:24 am] Kris : so that you can have the
charts ready and save time on your entry.
[06:24 am] Kris : That’s also why I try to
give a list pre-market of what I’m
watching
[06:27 am] Brent : good morning
[06:29 am] Kris : 1 minute, time to Rock!
[06:30 am] Kris : GMCR short
[06:30 am] Kris : MCO short under 35.15
[06:31 am] Kris : CROX long
[06:31 am] Kris : ILMN long half position
[06:31 am] Kris : SQNS long over 10.05
[06:32 am] Kris : LNG long half position
[06:33 am] Kris : AGU long half position
[06:33 am] Kris : GG short half position
[06:34 am] Kris : SODA long half position
[06:34 am] Mitch K: for a long
[06:34 am] Mitch K: watching YNDX
[06:35 am] Kris : CRUS short half position
[06:35 am] Mitch K: watching TAL for short
soon
[06:36 am] Kris : CROX consolidating, looking
for a new high
[06:37 am] Kris : LIFE long half position
[06:37 am] Kris : LNG long second half
[06:37 am] Kris : SODA long second half
[06:38 am] Kris : ILMN long second half
[06:38 am] Kris : look for a new lod in
GMCR
[06:38 am] Kris : WLP short half position
[06:39 am] Brent : watching ARRS for a short,
resistance around $12.00
[06:39 am] Kris : MCO testing support
[06:39 am] Kris : MCP long half position
[06:39 am] Kris : SODA pushing hod, looking
for a break over 70.00
[06:40 am] Kris : CROX new highs
[06:40 am] Kris : PTEN long half position
[06:40 am] Mitch K: KEX too late here, wait
for 59+
[06:40 am] Mitch K: watching KEX for short,
turning now
[06:41 am] Brent : watching WM for a
bounce
[06:41 am] Kris : GG new lows
[06:41 am] Kris : look to cover some GG short
here in this area around 48.00
[06:41 am] Kris : spy new lod[06:43 am] Kris
: new high in LIFE
[06:43 am] Kris : ROSE short half position
[06:43 am] Mitch K: watching HRC
[06:44 am] Brent : consider reducing WM
[06:44 am] Brent : next target 33.30 area on
WM
[06:44 am] Kris : looking for CROX to push
through 30.00
[06:44 am] Kris : SODA new high
[06:44 am] Kris : spy trying to find
support
[06:44 am] Mitch K: consider reducing YNDX
[06:45 am] Kris : CELG long half position
[06:46 am] Kris : MCP resistance around
65.00
[06:46 am] Mitch K: watching TLM for possible
long
[06:47 am] Kris : long second half PTEN
[06:47 am] Kris : out half LIFE long
[06:47 am] Kris : out half SODA long
[06:47 am] Mitch K: looking at BWA for
short
[06:48 am] Brent : consider reducing more
WM
[06:48 am] Kris : GT accelerating
[06:48 am] Kris : GT support around 17.00
could bounce early, be patient for a
bottom.
[06:48 am] Kris : out another 1/4 SODA
long
[06:48 am] Kris : watching GT for a long
[06:48 am] Mitch K: consider covering TAL
[06:49 am] Kris : CRUS no bounce with the
market, looking for new lod[06:49 am] Kris :
out half MCP long
[06:50 am] Kris : look to cover all GG
soon
[06:50 am] Kris : out all LIFE long
[06:50 am] Kris : out all SODA long
[06:51 am] Kris : CELG new highs
[06:51 am] Kris : LM short half position
[06:51 am] Kris : short second half WLP
[06:52 am] Kris : ROSE short second half
[06:53 am] Kris : out another 1/4 MCP long
[06:53 am] Mitch K: DNKN bouncing
[06:54 am] Brent : watching CPO for a
bounce
[06:54 am] Kris : I would stop GMCR over
105.13 from here scalpman, needs to stop
stalling and give up new lod.
[06:56 am] Kris : look to take half off LNG
just under the hod and hold the rest for a
push through resistance.
[06:56 am] Kris : out half PTEN long
[06:56 am] Kris : out half WLP short
[06:56 am] Mitch K: DNKN too weak for
comfort
[06:57 am] Brent : WM next target is $33.90
area, if still long
[06:57 am] Kris : looking for my second half
long in CELG soon
[06:57 am] Kris : SQNS long half position
[06:58 am] Kris : short second half LM
[06:58 am] Kris : watching COG for a short
[06:58 am] Mitch K: starting to watching V
for bounce
[06:59 am] Kris : ROK short half position
[07:00 am] Kris : out another 1/4 PTEN
long
[07:00 am] Kris : short second half CRUS
[07:01 am] Kris : break a LEGG
[07:01 am] Kris : come on baby
[07:01 am] Kris : go go go[07:01 am] Kris :
LM new lows
[07:01 am] Kris : out another 1/4 LM
[07:01 am] Kris : out half LM
[07:02 am] Kris : WLP coming up on LOD
support, looking for a break
[07:03 am] Kris : I’ll watch MJN for a
pullback to take long
[07:04 am] Kris : BWA long half position
[07:04 am] Kris : MCP could move higher
[07:04 am] Kris : MCP holding up
[07:04 am] Kris : SQNS consolidating, look
for a push to a new hod[07:05 am] Brent :
consider reducing CPO
[07:05 am] Brent : next target 51.20 area on
CPO
[07:05 am] Kris : CPO new one Bert, right off
the 200
[07:05 am] Kris : looking for a weak bounce
on WLP and then a fail
[07:06 am] Kris : LEAP trending down
[07:06 am] Mitch K: HUBG turning up
[07:07 am] Kris : out half SQNS long
[07:07 am] Kris : SPY pushing resistance,
trying to move higher on the day
[07:08 am] Kris : FTNT ALERT
[07:08 am] Kris : FTNT buyout rumor
[07:08 am] Kris : FTNT long small position
[07:08 am] Kris : short second half ROK
[07:08 am] Mitch K: REGN toppy
[07:09 am] Kris : They named IBM rusty?
[07:09 am] Kris : will add to FTNT on a
pullback into support
[07:09 am] Mitch K: REGN chart on right,
should drop
[07:09 am] Mitch K: watching CERN
[07:10 am] Kris : ILMN at hod resistance,
looking for a new high
[07:10 am] Kris : looking for new lod in LM,
still have 1/4 position
[07:10 am] Kris : ROK new lod[07:10 am] Mitch
K: did you enjoy the YNDX ride? lol. crazy
one
[07:11 am] Kris : I like it
[07:11 am] Kris : out another 1/4 SQNS
long
[07:11 am] Kris : thanks rusty!
[07:12 am] Kris : out half ILMN long
[07:13 am] Kris : out half FTNT
[07:13 am] Kris : thank you sir
[07:14 am] Kris : out all PTEN long, will
wait for a break over 34.00 for another
long
[07:14 am] Kris : out half ROK short
[07:14 am] Kris : woot woot[07:15 am] Kris :
CLF long half position
[07:15 am] Mitch K: COG toppy
[07:16 am] Kris : long second half BWA
[07:16 am] Kris : ok those still holding LNG
long, look to take some off here soon around
this 10.50 mark.
[07:17 am] Kris : ILMN holding up
[07:17 am] Kris : looking for another move
higher on ILMN
[07:17 am] Mitch K: CERN turning over
[07:17 am] Mitch K: watching X for short
[07:18 am] Kris : PTEN trying to hold up over
support
[07:19 am] Kris : ILMN new hod[07:20 am] Kris
: will watch for a bounce in JAH to short
into
[07:20 am] Kris : YNDX defended my MS
[07:20 am] Kris : YNDX news
[07:20 am] Mitch K: id close YNDX, should
turn over
[07:21 am] Kris : out all ILMN long
[07:23 am] Kris : adding a small piece to my
FTNT long, I may keep this as a swing before
the end of the day but I’ll reduce.
[07:23 am] Kris : out half BWA long
[07:25 am] Kris : reduce and tighten or close
guitarzan[07:26 am] Kris : come on WLP, you
know you want to see 67’s
[07:27 am] Kris : CHEF new IPO set to open
soon
[07:27 am] Kris : for you IPO crack heads,
not naming names (candelas)
[07:27 am] Kris : LNG making another push at
that high
[07:28 am] Kris : MCP moving towards hod
resistance
[07:28 am] Kris : SPPI buyout rumor, late on
the news
[07:29 am] Kris : ILMN looking for another
move up. see if it can break 60.00, I’ll
probably take a small long on it.
[07:29 am] Kris : should help the longs,
caution on the shorts
[07:29 am] Kris : SPY finding support
[07:30 am] Kris : CROX testing hod[07:30 am]
Kris : out another 1/4 ROK short
[07:31 am] Kris : apple, think about swing
trade in FTNT
[07:32 am] Kris : CROX new hod[07:32 am] Kris
: if anything, I see CIEN higher from here.
My short idea was on a break of support but
it rallied.
[07:32 am] Kris : MCP at hod resistance
[07:33 am] Kris : watch CNQR for a short
below 43.47
[07:37 am] Kris : long second half CLF
[07:39 am] Kris : out all ROK short
[07:40 am] Kris : my stop is below 88.47 CLF
long
[07:40 am] Kris : yes I’m still long. if
that is too lose for your liking you could
stop at 88.87
[07:41 am] Kris : thanks apple… CHEF is
open
[07:41 am] Kris : the kitchen is open
[07:42 am] Mitch K: consider covering CERN
here 62.59
[07:48 am] Mitch K: new low on COG
[07:49 am] Mitch K: yeah i like it tennis,
you long GT?
[07:50 am] Kris : out another 1/4 NBR long
[07:50 am] Kris : SQNS defending at UBS
[07:52 am] Kris : ok Aaron, CLF holding up,
look for another move up into hod area around
91.00, take some off there and save the rest
for a push to a new high.
[07:55 am] Kris : CROX new hod[07:55 am]
Mitch K: 2nd helping in short in COG
[07:55 am] Mitch K: looking for 2nd helping
in COG
[07:58 am] Mitch K: i think this COG could
look similar to the CERN chart later
[07:59 am] Mitch K: yeah leo, that message
comes and goes
[08:01 am] Mitch K: watching HCA
[08:02 am] Kris : EYES-ON-CLF, are you
there?
[08:03 am] Brent : lol[08:04 am] Kris : SPY
trying to break resistance here
[08:05 am] Kris : CROX moving up again
[08:05 am] Kris : out half CLF long
[08:06 am] Kris : watch for AGCO short under
47.94
[08:08 am] Mitch K: HCA is slow riz, most
stocks are frozen in time
[08:11 am] Kris : PTEN long half position
[08:12 am] Kris : ROK bounced like a rock
[08:12 am] Kris : that goes out to my friend
rockstar[08:13 am] Kris : CLF long still
looking good here, should test the hod
soon
[08:14 am] Kris : I don’t see anything in
GMCR at this price scalpman.
[08:15 am] Kris : BWA testing hod resistance,
looking for a move higher
[08:15 am] Kris : watch PTEN at 34.00, I’m
looking for a slingshot breakout over
34.20
[08:19 am] Kris : CREE coming up to
resistance on daily
[08:19 am] Mitch K: HRC chart has the scaling
that doesn’t look like big moves but range is
$44 high today to around $34
[08:20 am] Kris : SPY holding up
[08:22 am] Kris : watch ABC to break a new
lod, could give a nice short into 37.00
area
[08:23 am] Kris : nah, I pass looked better
than it is
[08:23 am] Kris : out another 1/4 CLF long
[08:23 am] Kris : watching FR for short
soon
[09:01 am] Kris : The market acting like a
deal could get done soon on the debt
ceiling.
[09:02 am] Brent : good eye on LNKD rusty
[09:02 am] Kris : CROX coming into 31.00
[09:02 am] Kris : SPY new hod[09:03 am] Kris
: PTEN consolidating, waiting for the
breakout higher.
[09:14 am] Kris : sorry dave, stop under
33.44
[09:29 am] Kris : sonic, CELG long and gone.
you should have take some or all profit.
Maybe stop second half BE. what was your
entry?
[09:31 am] Kris : stop below the lod around
60.77 sonic. please always have a stop on
every trade whether I post a stop price or
not.
[09:33 am] Kris : if I don’t post a stop on a
trade put your stop at 1% or less.
[09:33 am] Kris : sonic, are you virtual
trading or live account?
[09:34 am] Kris : could save you a few
thousand.
[09:34 am] Kris : I would recommend virtual
trading until you understand how support and
resistance works unless you don’t mind
leaking money.
[09:34 am] Kris : on all trades unless I
otherwise specify
[09:36 am] Kris : as long as you remember to
put a stop in I think you’ll be fine.
[09:37 am] Kris : I’m entering a small swing
long in EW today. First target is going to
be 76.00
[09:44 am] Kris : I’ll stop under 70.00
gecko
[09:49 am] Kris : mobile video platform
[09:49 am] Kris : YOKU news
[09:57 am] Brent : PNM alert
[10:01 am] Brent : consider reducing PNM
[10:01 am] Brent : if you got PNM long
[10:02 am] Brent : next target 15.80 area on
PNM
[10:34 am] Kris : is anyone still long
BWA?
[10:38 am] Kris : look to sell some if you’re
still long BWA here.
[11:08 am] Mitch K: could see $1 in this
long
[11:08 am] Mitch K: HRC should be a decent
scalp here, indicators turning up
[11:11 am] Mitch K: better to fill on a
rebound though
[11:11 am] Mitch K: there’s some money in a
short with ABC here
[11:16 am] Kris : MCP breaking out
[11:18 am] Mitch K: crude oil all over the
place today
[11:52 am] Mitch K: stocks getting some
bounce, might get a good run here
[11:55 am] Mitch K: as well as COG, Cabot
Oil
[11:55 am] Mitch K: GMCR could easily have
lower low in next hour
[11:55 am] Mitch K: i think we get some more
selling tomorrow Derns if no debt deal and if
nothing on the weekend announced Monday
morning going to be a bloodbath
[12:05 pm] Brent : SPY approaching lod[12:29
pm] Brent : SPY new lod[12:44 pm] Mitch K:
GMCR not making new lows today, close this
short
[12:44 pm] Mitch K: new low of day on COG
[12:44 pm] Mitch K: new low on SP 500
[12:57 pm] Mitch K: bye jjam, qwert[01:01 pm]
Brent : have a great night, see you in the
morning
[01:01 pm] Kris : good night everyone. Good
job today. See you tomorrow morning.
[01:02 pm] Mitch K: later guys
7-28-2011
|
[06:21 am] gabo : Kris, one question: do you
place your order on the L/S right
before/after the market opens? I have found
hard to catch up with your entry price and
most of the time the price has already move
when I get your input in the room
[06:25 am] anthonyb : Kris, if you were to
set a sell stop on GMCR, where would you put
it premarket? Right below 104? or somewhere
else?
[06:32 am] rusty : JVA radar
[06:34 am] apple : gm B
[06:37 am] staz : L MCP 63
[06:47 am] junior : Mitch thank you for YNDX
out a 34.80
[06:47 am] candelas : selling 3/4 of swing
long soda
[06:49 am] staz : Out MCP 64.87
[06:51 am] candelas : out last 1/4 soda
swing long
[06:53 am] scalpman : Kris stop on GMCR if
you have time.
[06:53 am] apple : TEA
[06:55 am] mhaus : Kris, target for LNG?
[07:01 am] gabo : DNKN
[07:01 am] gabo : By drop candle in SPY
[07:03 am] derns : CBG…
[07:08 am] rusty : FTNT + IBM talks
[07:09 am] rusty : so far
[07:09 am] rusty : rumor only
[07:11 am] rusty :
http://www.securityinfowatch.com/Computer+%25
26+Network+Security/1318240
[07:11 am] rusty : FTNT
[07:12 am] rusty : date on that link is
old…take it fwiw[07:15 am] apple : good
job jolly
[07:15 am] jolliffboy : Thanks for the SQNS
tip. In at 9.65 out at 10.50.
[07:17 am] jolliffboy : Thanks apple, just
goes to prove that a blind hog get an acorn
every once in a while.
[07:19 am] rizvisy1 : stop on CLF?
[07:19 am] mriguy -: MK….I really have to
thank you on YNDX. Have over $3 in profit and
still running. Just awesome.
[07:19 am] Mitch K: wow, nice mriguy.
speaking of which I had an mri 10 days ago,
is that what you do?
[07:19 am] gabo : GMCR hod[07:20 am] mriguy
-: Yes….I actually need to leave to go to
the office right now. YNDX just stopped on
me.
[07:20 am] junior : Brent thx for CPO..out
at 50.85
[07:20 am] gabo : YNDX crazy!!!
[07:20 am] duckfan : Yeah MK YNDX was great.
I just wish I would have bought more
shares!!
[07:20 am] candelas : nice trade
mriguy[07:21 am] gabo : YNDX short?
[07:21 am] Brent : nice Junior
[07:22 am] duckfan : Watching AGCO
[07:23 am] duckfan : CREE
[07:25 am] stevemld : SINA nearing hod[07:25
am] guitarzan1 -: what to do with crus????
yikes
[07:26 am] mhaus : TD Ameritrade veeeery
sloooow[07:26 am] mhaus : SPPI
[07:30 am] junior : UNG
[07:31 am] tennisball : Kris, thoughts on
cien?
[07:38 am] jsn13 : What is ur stop on CLF
long?
[07:39 am] jsn13 : Kris, Are u still in
CLF?
[07:40 am] mbear : Thanks for cern Mitch –
awesome trade S 63.35 covered 62.71
[07:40 am] apple : CHEF
[07:41 am] mbear : CAT bouncing – a little
late though
[07:41 am] gabo : Big buy order at 15 in
CHEF
[07:43 am] stevemld : AL baby
[07:43 am] scalpman : al gore…
[07:44 am] Mitch K: i had to at least wake
you up and make you laugh
[07:44 am] candelas : it did
[07:45 am] Kris : Candelas new book, “The
Life of a SODA Baron”
[07:45 am] candelas : plus 13 points
total
[07:45 am] candelas : I squeezed plus 6
points out of soda long swing from
yesterday
[07:45 am] candelas : i reversed my short
[07:46 am] Mitch K: nice
[07:46 am] candelas : I owe it to you
guys
[07:46 am] apple : wow, candelas, you had
taken it as a swing short and then a swing
long! I will be following you!
[07:47 am] candelas : yea once i saw where
support was
[07:48 am] tennisball : Mitch, gt good for
long?
[07:48 am] scalpman : MCP failing new
high…
[07:48 am] mbear : Kris = thx for heads up
on MCP call earlier – S 65.35 covered
64.52
[07:49 am] Mitch K: great job mbear[07:49 am]
mbear : awesome calls this morning TSA – hit
my goal and going to have time to exercise
before going to the office today – have a
great day all
[07:49 am] Kris : awesome job mbear, have a
good workout
[07:49 am] Brent : great job mbear,
awesome
[07:50 am] qwert : awesome
[07:50 am] Mitch K: hey Kris, i found that
sound Candelas keeps playing to himself
[07:50 am] Kris : the cash register?
[07:50 am] candelas : lol[07:50 am] candelas
: let’s hear it
[07:50 am] Brent : lol[07:50 am] tennisball
: yes gt l 17.01
[07:51 am] scalpman : It sounds like female
Arnold
[07:51 am] qwert : sounds like a Vegas sound
bite
[07:51 am] Mitch K: i deleted that one
[07:51 am] Kris : lol[07:51 am] Kris : it
even sounds like him?
[07:51 am] Kris : I didn’t hear it, can you
play it again?
[07:51 am] Kris : how did you get that sound
bite? from the last seminar?
[07:51 am] duckfan : The question becomes
what is that sound clip from??
[07:51 am] apple : lol[07:52 am] Mitch K:
you guys sure bs a lot
[07:52 am] Mitch K: i don’t want any staff
members think something is going on here
[07:52 am] Kris : lol dave[07:52 am] junior
: RYN
[07:57 am] tennisball : gt-covered long at
16.98
[07:57 am] Mitch K: you mean sold GT long?
[07:58 am] tennisball : yes I do–can’t
trade and chew gum too
[08:05 am] staz : Guys, any thoughts on
YNDX? I am short from 36.91, waited to see if
it would break VWAP but it bounced and looks
to be consolidating
[08:06 am] rusty : HZNP alert
[08:07 am] rusty : ipo getting ready to
open
[08:07 am] rizvisy1 : MK, suggestions on HCA
long at 27.00 if could catch?
[08:09 am] candelas : when debt deal gets
done EW looks pretty interesting for swing
[08:10 am] Mitch K: EW nice looking chart
candles, first day up
[08:13 am] scalpman : Kris,
GMCR….thought’s?
[08:14 am] anthonyb : once again, I failed
with letting my winners run. This time , CROX
. Man I have a thick skull. lol[08:15 am]
Mitch K: don’t be too hard on yourself
anthonyb, you will miss the next 2-3 ideas
while you are beating yourself up
[08:15 am] duckfan : I do it every day too
Anthony, but it’s better to sell to early
than too late.
[08:16 am] Kris : yeah, beat yourself up on
your own time buddy
[08:18 am] candelas : ABC
[08:18 am] anthonyb : anyone long CMI?
[08:19 am] guitarzan1 -: green looks good on
me
[08:20 am] stevemld : URBN rebounding
nicely
[08:20 am] junior : ABC
[08:20 am] candelas : any news ABC
[08:25 am] candelas : easy as 1-2-3
[08:27 am] gabo : SPY hod[08:28 am] scalpman
: Mitch, do you see a SHORT in HRC, below
37?
[08:28 am] scalpman : I guess not… seem
pretty strong
[08:29 am] staz : YNDX breaks below VWAP
[08:29 am] scalpman : It HZPN opening
soon…
[08:29 am] scalpman : HZNP
[08:30 am] duckfan : Thanks for ABC
Junior
[08:30 am] duckfan : and candelas
[08:33 am] gabo : What is the chart behind
PTEN’s?
[08:34 am] anthonyb : Gabo, HRC
[08:36 am] staz : Out YNDX @ 35.80 from
short at 36.91
[08:37 am] guitarzan1 -: cheers amigos… I’m
off to work. one day soon i hope to not have
to say that!! 🙂
[08:37 am] Brent : take care guitarzan[08:37
am] Brent : nice trade Staz[08:38 am] staz :
Thanks Brent, probably more downside, but I
have to be away for an hour so wanted out
[08:47 am] observer : buying REE
[08:50 am] rusty : LNKD hod[08:50 am] gabo
: Any news?
[08:56 am] toptrade : lnkd-Mr toads wild
ride
[09:02 am] qwert : hca made it to vwap[09:03
am] stevemld : SINA going up increasing
volume
[09:04 am] qwert : Kris where do you have
your stop on pten[09:09 am] gabo : QWERT,
what is your entry on PTEN? I was thinking to
place my order here
[09:11 am] qwert : avg. 33.60 on pten[09:13
am] gabo : That is a good entry, thanks
[09:15 am] qwert : no worries Kris
[09:16 am] qwert : was just wondering if you
were trailing just under the 50ma or
vwap[09:16 am] junior : DAN
[09:18 am] rusty : AMT radar
[09:27 am] sonic : Kris what is your stop
for CELG
[09:28 am] anthonyb : Take care everyone.
Difficult day for me. Thanks for your help
and I will see you tomorrow
[09:29 am] sonic : 61.90
[09:29 am] candelas : see ya 2morrow
anthonyb[09:29 am] Brent : have a good one
anthonyb, see you tomorrow
[09:31 am] sonic : and already hit my stop @
60.96 but I had other better trades. TY
[09:31 am] rusty : CCI radar
[09:31 am] costrem : POT bottoming?
[09:33 am] sonic : live
[09:34 am] sonic : got it. Thanks
[09:35 am] sonic : Already did that till I
found you guys.
[09:36 am] sonic : I’ll keep that in mind
[09:37 am] qwert : candles you trading
chef
[09:38 am] candelas : I’m with u Kris on
ew[09:38 am] candelas : i started small
72.16
[09:39 am] Kris : yeah, I’m saving some
bullets for a pullback
[09:39 am] Kris : but I think it’s gonna be
juicy
[09:39 am] candelas : 1 share, I’ve got a
stockpile
[09:40 am] Kris : foodstampsfortrading.com
[09:40 am] candelas : now u know my
secret
[09:40 am] candelas : i entered based on 60
min
[09:40 am] Kris : I tried to get 1/2 share
but the order was rejected. I called them
and they said only Candelas can get one
share. It’s some kind of welfare program.
[09:41 am] qwert : will trade for food
[09:41 am] pow : what is the front chart
[09:41 am] candelas : EW
[09:42 am] qwert : coupons are awesome
[09:42 am] gecko : Kris: stop on ew?
[09:42 am] cowboyh : I saw that Brent but
its only good for Sunday
[09:42 am] cowboyh : Better be careful the
gov might try to make that happen
[09:42 am] candelas : welcome 2 the club
Brent
[09:42 am] Brent : I found a buy one get one
free in the Sunday Paper, so I have 2
shares
[09:43 am] Kris : it’s EW pow, daily chart
[09:44 am] Kris : there we go. thanks
Mitch
[09:44 am] gecko : dji 5m doji at noon
[09:44 am] dan : Brent, do you have a coupon
for your trading tutoring/
[09:45 am] Kris : it’s EW daily chart vans
[09:45 am] gabo : PTEN dropping
[09:45 am] rusty : my calendar doesn’t have
a sept 31
[09:45 am] Brent : that one comes out
September 31st every year dan[09:46 am]
randall : YNDX talk about hitting an
equilibrium
[09:46 am] Kris : must be a misprint rusty
[09:46 am] jjammerp : play some music
[09:46 am] dan : can i schechule for one on
Feb 31 Brent?
[09:47 am] costrem : junior: Thanks for
Dan
[09:47 am] Brent : lol[09:49 am] rusty :
http://bit.ly/pmwC95
[09:51 am] rusty : what a pig that stock
is
[09:51 am] rusty : LNKD 105
[09:52 am] Mitch K: that is a good picture
rusty, veddy funny
[09:54 am] gecko : cute sign rusty……dim
sum sounds good
[09:56 am] rusty : getting hungry lol[10:01
am] gabo : PNM L 15.4
[10:02 am] rizvisy1 : Brent, once you say
reducing you mean short or getting rid of
shares?
[10:03 am] Brent : getting rid of some of
your position, booking profits rizvisy[10:03
am] Brent : I usually reduce 1/2, then 1/4,
then last 1/4, make sense?
[10:04 am] rizvisy1 : alright, and PNM
alert, means was it a call for go long in
this position
[10:05 am] dan : Brent ,may i ask you a
question ?
[10:05 am] Brent : sure dan[10:05 am] Brent :
alerts are more of an advanced trade. They
are very fast and can be interpreted
differently, so we just post an “alert” for
the advanced traders
[10:06 am] rizvisy1 : so does it mean it
could go either way, lon or short?
[10:06 am] rizvisy1 : long
[10:07 am] dan : after you enter a position
,your stop lost is immediately enter
right?
[10:07 am] Brent : yes, that’s right
[10:07 am] Brent : that’s correct riz[10:09
am] mischief : KRIS, what is your target on
CPO ?
[10:09 am] dan : when you book your profit ,
your stop should be canceled in order for you
to do that
[10:09 am] Brent : after I reduce, I just
manually adjust my stop to how many shares I
have left Dan
[10:11 am] Brent : did that answer your
question Dan?
[10:12 am] rusty : http://www.wtfnoway.com/
US Debt
[10:12 am] dan : yes, thanks Brent
[10:13 am] Kris : that was Brent’s trade
mischief. it’s holding up at support here so
I wouldn’t just bail on it.
[10:14 am] Kris : I would reduce my position
and tighten my stop on my last piece. see if
it can move over 52.50
[10:20 am] mischief : KRIS, thanks,it seems
to be stalled right now.
[10:20 am] junior : MUR spiking
[10:23 am] rusty : covered AMT scalp
[10:23 am] gabo : still?
[10:23 am] gabo : Guys, are you L in
PTEN?
[10:24 am] Kris : no I stopped gabo[10:24 am]
Kris : but I have an alert just under 34.00
for a long breakout. might be tomorrow or
even on monday.
[10:25 am] rusty : HRBN bouncing…might set
up
[10:25 am] gabo : HRC
[10:33 am] costrem : DAN
[10:41 am] observer : thx, costrem for DAN,
.16 pts.
[10:46 am] mhaus : RLD alert
[10:46 am] lightning : RLD alert
[10:49 am] gabo : HRC to hit support around
35.3
[10:50 am] mhaus : LAZ
[10:51 am] mhaus : QLIK
[10:51 am] mhaus : GMCR going down
[10:56 am] tennisball : Kris, how do you
read volume on akam?
[10:57 am] tennisball : Kris, is or was akam
a set up for a long?
[10:57 am] mando : patience is a virtue.
rode GMCR from 107 down to 102.75. Intense
[10:59 am] lightning : watching TITN for a
long opportunity
[10:59 am] candelas : awesome trade
mando[11:01 am] lightning : sorry, wrong
chart with TITN. ignore that
[11:02 am] mando : Thanks Candelas. Still
holding small part to see if it breaks
support here
[11:05 am] Kris : not that I see tennisball.
I would wait another day before considering a
long on AKAM.
[11:05 am] gabo : I shorted GMCR after the
open but closed around 104
[11:05 am] candelas : money in da bank
[11:09 am] Kris : fricken GMCR
[11:10 am] stevemld : feel the same way Kris
misread it every time
[11:10 am] Kris : made money on mcp today
though
[11:10 am] Kris : I think I mentioned a few
days ago how I hate that stock.
[11:10 am] Kris : both
[11:10 am] gecko : markets moving down
[11:10 am] candelas : thought it was
mcp[11:12 am] costrem : mhaus: QLIK dropping
nicely. Thanks.
[11:14 am] stevemld : LNKD 3 stage tank
[11:14 am] mhaus : welcome
[11:16 am] gabo : Long HRC ahere[11:21 am]
derns : also long HRC
[11:25 am] randall : hey lightning: are you
at all concerned about titn trading a bit
thin?
[11:26 am] lightning : Randall, I mentioned
right after that I was looking at the wrong
thing. I was watching TWI (Titan) and typed
TITN as the symbol.
[11:27 am] randall : That is making it look
easy mando; good work
[11:27 am] gecko : dji at yest close
[11:27 am] gabo : Come on HRC, wake up!
[11:27 am] costrem : DAN dipping again
[11:28 am] rusty : have a good rest of the
day everyone
[11:28 am] rusty : covered CCI scalp
[11:28 am] randall : thx lightning
[11:28 am] lightning : no prob randall. I
should have been more careful.
[11:28 am] gabo : Yes move on HRC
[11:29 am] randall : all good
[11:34 am] randall : mcp[11:38 am] gecko :
on the 5m
[11:38 am] gecko : noon reversal spy and dji
today
[11:38 am] derns : Mitch..do you still like
HRC?
[11:39 am] gecko : any report to explain
it?
[11:40 am] gabo : Out of HRC at 35.86 (hit
my limit sell order)
[11:40 am] gabo : Good 0.25 cents
[11:41 am] gabo : Derns, are you still
long?
[11:42 am] derns : Gabo…I am…should have
put in a lower sale order…I was expecting
HRC to jump over 36…I may get out even with
some patience…I hope.
[11:47 am] gabo : Volume is increasing
although
[11:47 am] gabo : HRC derns[11:50 am]
randall : stra moving
[11:50 am] derns : yes..it feels like it is
teasing me
[11:51 am] randall : not a huge volume
stock
[11:52 am] gecko : one thing nice about
keeping a chart here is that it lets u know
ur connection is live
[11:52 am] derns : Does anyone have thots on
whether we will see a sell-off in the last
hour…budget vote uncertainty?
[11:55 am] gabo : Here is your chance on HRC
Derns[11:56 am] gabo : Mitch I read that
even if they get a deal, it won’t prevent the
downgrade of the US bodns…
[11:58 am] gecko : given blood bath scenario
when do we buy in?
[12:00 pm] derns : Gabo…I tried to put a
stop order in after HRC passed me and it
wouldn’t take..was putting in the wrong
numbers…made me some more..nominal, but not
a loss!
[12:01 pm] gabo : Good for you Derns[12:02
pm] odyssey : crox a monster
[12:02 pm] gecko : anyone know of away to
set an alert at a percent away from an
ema[12:03 pm] vans : cmi
[12:03 pm] Kris : depends on the platform
gecko
[12:03 pm] gecko : which platform can do
it?
[12:04 pm] Kris : yeah, I think Bert’s
right
[12:04 pm] Kris : Strategy Desk has some good
scanners actually
[12:04 pm] Kris : I know you can do it on
tradestation, esignal and ninja
[12:04 pm] Kris : but it has to be
programmed
[12:04 pm] Kris : and it’s a slightly
different approach on each platform
[12:04 pm] gecko : thanks
[12:04 pm] gecko : i will look into those
[12:04 pm] Brent : I believe strategy desk
can too
[12:05 pm] mando : Mitch–hope you are right
on GMCR. Got out 1st time at 102 and then got
back in short at 103.10. Looking for it to
tank this last hour
[12:08 pm] gabo : S GMCR at 103.31 (hit my
limit order)
[12:09 pm] gabo : Please GMCR tank!
[12:11 pm] stevemld : SQNS moving off its
lows
[12:12 pm] odyssey : i put the hibi jibi on
it gabo its going down
[12:12 pm] gecko : house to vote on bill at
545
[12:12 pm] gecko :
http://www.politico.com
[12:12 pm] derns : Gecko…I heard that it
may pass the House, but will not pass the
Senate…
[12:13 pm] mhaus : and the white house says
it will veto it if it passes the senate
[12:13 pm] gecko : i think i have heard
every scenario
[12:14 pm] stevemld : already had one bill
pass the house
[12:14 pm] gecko : if the senate and house
pass a bill and is on the desk…….don’t
think he will veto it
[12:14 pm] gabo : but S&P will
downgrade the US bonds anyway
[12:15 pm] gecko : we should have had
someone watching idcc[12:15 pm] gecko : gave
a nice short on the ema 200 1m at around 155
or so
[12:16 pm] gecko : had resist on 5m at that
time also ema 50
[12:16 pm] gabo : on its way to $1 gain
[12:16 pm] gabo : Look at HRC Derns!
[12:17 pm] sami : MILL ?
[12:17 pm] odyssey : yeah Mitch always has a
wife trade each day HRC is todays
[12:17 pm] gabo : lol[12:17 pm] gecko : ok
kris how about the ema 200 1m short
[12:17 pm] Kris : the good old 1min ema 200
5m ema 50 double helix crossover short.
[12:18 pm] pow : vix approaching hod[12:18
pm] leo : GMCR going down
[12:19 pm] mando : Go ahead GMCR. Make my
day
[12:19 pm] derns : Wish I had stayed in
HRC
[12:20 pm] gabo : Here she goes… GMCR
[12:21 pm] rizvisy1 : MK:excellent call on
COG
[12:21 pm] jjammerp : MK, today I saw the
top of yoku, said short this to myself. Any
thoughts about inaction?
[12:23 pm] gabo : close 1/2 GMCR short
here
[12:24 pm] gecko : dow down about 100 since
noon reversal
[12:26 pm] randall : jva[12:26 pm] pow :
new high on vix[12:28 pm] vans : mos[12:28
pm] gecko : too late now
[12:28 pm] gecko : time for some blood
letting
[12:28 pm] gecko : idcc giving an ema 50 1m
short
[12:36 pm] gabo : Close second half GMCR at
102.4 (limit order)
[12:45 pm] mhaus : SPY lod[12:45 pm] gabo :
Already close MK using Limit Orders as you
said yesterday
[12:56 pm] qwert : great day everyone have
an awesome night
[12:57 pm] gabo : Good night everyone, had 5
trades today and all winners!!!
[12:58 pm] leo : Thank you Mitch, Kris,
Brent and comrades, have a nice one. See you
tomorrow.
[12:58 pm] gabo : Getting more confidents
and disciplined
|