[06:21 am] Kris : Good Morning Traders
[06:21 am] Kris : This morning I’m watching
UFS, POR, BRKR, VHC, BSFT, CEF, WTW, HMY and
SGEN for possible longs.
[06:22 am] Kris : CLD, DWA, PAG, SGY, DANG,
ZAGG and CROX as possible shorts.
[06:27 am] Brent : good morning
[06:34 am] Kris : as soon as I get this
fixed, I’ll be posted trades
[06:34 am] Kris : I have a data feed
problem
[06:34 am] Kris : I have no charts
[06:34 am] Kris : the chat is working fine
[06:35 am] Brent : watch BIDU for possible
long over 135.20
[06:35 am] Brent : watching WYN for a
bounce
[06:37 am] Brent : watching HCA for a
bounce
[06:38 am] Brent : BIDU will have some
resistance at $136 area
[06:38 am] Brent : consider reducing WYN
[06:38 am] Brent : out half BIDU long
[06:40 am] Brent : looking for $137.50 next
target on BIDU
[06:44 am] Brent : watching VHC for a
bounce
[06:45 am] Brent : watching HOT for a bounce,
coming into support $44.50 area
[06:45 am] Kris : GME short half position
[06:46 am] Brent : consider reducing VHC
[06:47 am] Brent : BIDU consolidating,
looking for a break above $137
[06:49 am] Brent : consider reducing more
VHC, next target $20 area
[06:49 am] Kris : RMBS long half position
[06:50 am] Kris : HOG short half position
[06:52 am] Kris : ARW long half position
[06:53 am] Kris : SJM long half position
[06:55 am] Kris : TEVA short
[06:56 am] Kris : GME looking weak, waiting
for a fail to new lod[07:01 am] Kris : MHP
short half position
[07:04 am] Kris : short second half GME
[07:05 am] Kris : out half TEVA short
[07:08 am] Kris : TLT long half position
[07:09 am] Kris : 38.93 on my second half
scalpman[07:11 am] Kris : ADSK short
[07:11 am] Kris : SPY trying to hold
support
[07:13 am] Brent : VHC still strong, consider
trailing last piece with a stop if still
long
[07:13 am] Kris : VIP short half position
[07:14 am] Kris : SPY testing 117
[07:16 am] Kris : HOG testing lod[07:16 am]
Kris : looking for a new lod in GME
[07:17 am] Brent : SPY new lows
[07:17 am] Kris : out half MHP short
[07:17 am] Kris : TLT pushing hod[07:18 am]
Kris : GME moving down
[07:19 am] Kris : look to cover half here in
this area around 21.20
[07:20 am] Kris : MWE short half position
[07:22 am] Kris : ADSK looking weak, see if
it can go sideways here and then break new
lod.
[07:23 am] Kris : out another 1/4 MHP
short
[07:24 am] Kris : VIP weak bounce so far,
watch for new lows
[07:25 am] Kris : out half ADSK short
[07:27 am] Kris : TEVA moving lower
[07:28 am] Kris : out another 1/4 GME
short
[07:28 am] Kris : out another 1/4 TEVA
short
[07:29 am] Kris : out half VIP short
[07:30 am] Kris : SPY trying to bounce
[07:31 am] Kris : out another 1/4 ADSK
[07:34 am] Kris : STO short half position
[07:41 am] Brent : watching FSL for a
bounce
[07:43 am] Kris : out all TEVA
[07:43 am] Kris : out all VIP
[07:46 am] Kris : ATLS short half position
[07:47 am] Kris : I missed ATLS, don’t chase
it
[07:48 am] Kris : good job scalpman[07:48 am]
Kris : SPY resistance is gonna be 117 area
[07:50 am] Kris : NGLS short half position
[07:51 am] Kris : RES long half position
[07:56 am] Kris : see if we will hold a
higher low or retest lod[07:56 am] Kris : SPY
starting to turn over some here
[07:57 am] Kris : VMED short
[08:01 am] Brent : ZOLL will be coming into
support around 47.50 area, will keep an eye
on it
[08:10 am] Brent : SPY testing resistance
here
[08:11 am] Kris : out half RES long
[08:13 am] Kris : ZOLL starting to move
[08:14 am] Kris : out another 1/4 RES long
[08:25 am] Brent : watching BAC for a
bounce
[08:28 am] Kris : GG long half position
[08:35 am] Brent : consider reducing BAC if
long
[08:35 am] Brent : don’t expect much, next
target 7.15 area on BAC, moving stop to
protect profits
[08:38 am] Kris : looking for 48.98 on GG
long
[08:41 am] Kris : out all GG long
[08:41 am] Kris : start with half on WLT
[08:41 am] Kris : WLT long
[08:44 am] Brent : reduce more BAC here
[08:44 am] Kris : VMW long half position
[08:45 am] Brent : next target 7.25 area if
you want to trail your stop, resistance at
7.30
[08:46 am] Kris : will look for some
consolidation or weak bounce in URBN then
short a break to new lod.
[08:47 am] Kris : WLT moving higher
[08:50 am] Kris : out half WLT long
[08:53 am] Kris : I was looking for higher
but I’m gonna take profit here on VMW and
leave half open cause the market is starting
to stall a little
[08:53 am] Kris : SPY starting to look a
little weak here
[08:54 am] Kris : out half VMW
[08:56 am] Kris : out another 1/4 WLT long
[08:56 am] Kris : watching ROSE for a
short
[08:58 am] Kris : great job scalpman[08:58
am] Kris : my data issue got me a little
distracted early but turned into a solid
morning.
[09:01 am] Kris : stopped second half VMW
long
[09:02 am] Kris : watching URBN here
[09:03 am] Kris : PHH short half position
[09:04 am] Kris : SPY at support, see if it
can hold this area
[09:04 am] Kris : TXT short half position
[09:05 am] Kris : good eye scalpman, ROSE
turning over
[09:05 am] Kris : look for 45.00 area as
strong support
[09:06 am] Kris : have a good one scalpman.
see you tomorrow.
[09:07 am] Kris : first target PHH short at
.92
[09:08 am] Kris : still
[09:08 am] Kris : ZOLL till giving it up
[09:09 am] Kris : if we get a new lod in SPY,
look for FAZ long over the breakout
[09:15 am] Kris : out half PHH short
[09:18 am] Kris : out another 1/4 PHH
short
[09:19 am] Kris : looking to take some off of
TXT short around 17.00
[09:19 am] Kris : TXT new lows
[09:20 am] Kris : looks like spy might test
lod[09:27 am] Kris : anyone long FAZ?
[09:28 am] Kris : ok babak, watch the spy
here, needs to break to new low below 115.25,
if it breaks trendline over 116 take your
profit and/or tighten stop on FAZ long.
[09:29 am] Kris : we’re coming to the point
of the triangle on SPY
[09:30 am] Kris : out all PHH short
[09:33 am] Kris : out half TXT short
[09:37 am] Brent : sure
[09:44 am] Kris : stopped second half TXT
short at BE
[09:45 am] Kris : short URBN below 27.55
[09:51 am] Kris : SPY trying to break
trendline[09:54 am] Kris : locked and
loaded
[09:54 am] Kris : thanks joeytsa. obama
alert. mind your long positions.
[09:59 am] Kris : HAR short
[10:00 am] Kris : you could pass on HAR, it’s
a little thin
[10:06 am] Kris : anyone catch URBN short?
[10:07 am] Kris : ain’t no place for no
hero
[10:07 am] Kris : lol joey
[10:07 am] Kris : look for profit around
27.30 on URBN short
[10:08 am] Kris : He’s on Grizzly watch
[10:08 am] Kris : Mitch isn’t here mbear.
[10:08 am] Kris : watch the spy here
[10:11 am] Kris : just needed to break up the
sound of my scanners
[10:11 am] Kris : yes it is docsmith[10:12
am] Kris : The Heavy – Short Change Hero
[10:13 am] Kris : thanks papadoc. I’m here
all week.
[10:14 am] Kris : if you got HAR short, look
to cover some around 31.15
[10:14 am] Kris : SPY breaking lod support
[10:14 am] Kris : then 31.00
[10:18 am] Kris : out all HAR short
[10:18 am] Kris : tough question sonorant
[10:19 am] Kris : Tradestation is loaded with
more advanced trading features and better
charting. Lightspeed has faster executions,
lower commissions, and better short
inventory.
[10:19 am] Kris : Tradestation is ready to go
out of the box.
[10:19 am] Kris : We recommend a secondary
charting service such as Esignal with
Lightspeed.
[10:20 am] Kris : Tradestation has the better
overall package.
[10:23 am] Kris : I have an account at TS but
I mostly use my IB account.
[10:23 am] Kris : I use Ninjatrader[10:24 am]
Kris : Because NinjaTrader makes me trade
like a Ninja.
[10:24 am] Kris : I prefer Ninjatraders order
integration over TS
[10:25 am] Kris : chart trade and super DOM
on ninja
[10:25 am] Kris : esignal doesn’t have the
bugs worked out of their chart trader
functions
[10:26 am] Kris : There are a lot of very
powerful tools you can use.
[10:26 am] Kris : We’ll be going over very
advanced features of all software/broker
combos in our upcoming webinar series.
[10:29 am] Kris : I don’t think you can go
wrong with any of those main 3
[10:29 am] Kris : I like the chart cause I
can see wider stops and targets and
click/drag adjust my orders based on visual
S/R levels.
[10:30 am] Kris : DOM or ladder or matrix you
have to sometimes scroll and search for your
orders.
[10:31 am] Kris : In NT itself, yes a little.
Compared to other platforms, definitely.
[10:33 am] Kris : not the last price, moving
to where my target and stop orders are placed
joeytsa[10:36 am] Kris : MRVL short
[10:40 am] Kris : yes sonorant, I think
people initially have trouble grasping the
concept of what it represents but once you
get that in your head it’s handy to have.
[10:42 am] Kris : babak, did you get out of
FAZ?
[10:45 am] Kris : good job babak.
[10:45 am] Kris : yes, I anticipate a bottom
at some point today but I won’t trade it
until I see some confirmation on a trend
change.
[10:46 am] Kris : obama talking now?
[10:46 am] Kris : the market said hell with
it
[10:47 am] Kris : bacon will probably be a
bullshort[10:47 am] Kris : be short kris and
be long bacon
[10:47 am] Kris : until Kris dies then be
short bacon
[10:48 am] Kris : look for stocks holding up
under resistance levels
[10:48 am] Kris : SPY getting some
acceleration in selling here.
[10:50 am] Kris : out MRVL short
[10:50 am] Kris : tight stop on MRVL, didn’t
come down the selling.
[10:53 am] Kris : He was waiting for a sell
off before speaking
[10:54 am] Brent : He was waiting for the
stochastics to turn up so he can take credit
for it
[10:56 am] Brent : CNBC has a ticker right
next to Obama’s face
[10:56 am] Brent : lol[10:57 am] Brent : SPY
at lod[10:58 am] Kris : SPY new lows
[10:58 am] Kris : there she goes
[11:00 am] Kris : lol[11:00 am] Kris : that’s
why we have the advantage traders
[11:00 am] Kris : we don’t get upset when the
market equalizes
[11:00 am] Kris : we take advantage
[11:03 am] Kris : higher SPY volume today
[11:03 am] Kris : this is setting up for a
nice V pattern in the markets
[11:04 am] Kris : gonna be some really good
opportunities soon
[11:04 am] Kris : possibly but I doubt it
uptick. I’m thinking a possible bottom over
the next couple days.
[11:13 am] Kris : why spy below 114.00
[11:19 am] Brent : watching MCP
[11:19 am] Kris : watch for a long in ANF off
of 60.00 might bounce early, start small.
[11:21 am] Kris : MCP new one bert[11:22 am]
Brent : lol[11:22 am] Kris : nice one, not
new one
[11:22 am] Kris : sorry
[11:23 am] Brent : Consider reducing MCP
[11:23 am] Brent : I thought I crossed the
line
[11:26 am] Brent : watching BIDU
[11:31 am] Brent : watching TIN
[11:34 am] Brent : consider reducing BIDU and
TIN if got them long
[11:37 am] Brent : TIN holding up still, next
target 24.95 area
[11:41 am] Brent : consider reducing more
TIN here
[11:42 am] Brent : SPY at trendline
resistance
[11:51 am] Kris : looking for a move higher
in ANF
[11:51 am] Kris : would like to see a break
of trendline in the SPY soon
[11:52 am] Kris : look for 61.70 next
resistance ANF
[12:05 pm] Kris : SPY breaking
trendline[12:14 pm] Kris : be back in 30
[12:14 pm] Kris : break time for me
[12:43 pm] Kris : ok, I’m back
[12:49 pm] Brent : SPY approaching lod[01:00
pm] Brent : have a great night everyone, see
you tomorrow
[01:07 pm] Kris : great job today everyone.
see you all back here tomorrow morning.
|
[06:24 am] mikewd2 -: well carrying over
stocks this weekend was stupid
[06:24 am] joeytsa : gotta love the
S&P waiting until friday nighy to
downgrade huh
[06:25 am] mikewd2 -: that was good and was
gold
[06:25 am] mhaus : I carried over AGQ
[06:25 am] mhaus : @196
[06:26 am] mikewd2 -: I would have sold AGQ
at 211 premarket though
[06:26 am] mhaus : It probably will go to
220
[06:26 am] markro : morning, this could be
the whoosh day, where stocks open way down
and then close positive or little changed
[06:27 am] mikewd2 -: hope not, i still have
some ZSL
[06:27 am] mikewd2 -: although sold most of
it Friday
[06:27 am] joeytsa : wouldn’t surprise me if
gold hits $2000 in the near future
[06:27 am] joeytsa : gold was a nice weekend
trade
[06:29 am] joeytsa : AAPL dropping
[06:31 am] mhaus : ko[06:35 am] truck :
CMI
[06:35 am] joeytsa : SINA rallying
[06:35 am] joeytsa : FFIV moving up
nicely
[06:36 am] truck : out half CMI,,88.79
[06:36 am] mhaus : IDCC
[06:37 am] mhaus : rl[06:38 am] truck : out
1/4 CMI,,,,,89.35
[06:38 am] joeytsa : the ES up 15 points
since the open
[06:43 am] joeytsa : 81 s&p 500
stocks hit a 52-wk low in the first 5 minutes
this morning
[06:44 am] truck : cef[06:44 am] stevemld :
PAY toppy
[06:45 am] apple : good one truck
[06:46 am] mhaus : PHK
[06:47 am] mhaus : LO
[06:48 am] mhaus : ESS
[06:52 am] truck : BHI
[06:52 am] mhaus : PII
[06:59 am] apple : APC
[07:06 am] mhaus : ULTA
[07:08 am] scalpman : Kris, stop on TEVA?
[07:25 am] mhaus : DVA
[07:26 am] mhaus : RWM hod[07:26 am]
mabdeen7 : uri lod[07:27 am] lorie : spy
new low
[07:30 am] mhaus : DNP
[07:33 am] scalpman : Hog dropping
[07:33 am] scalpman : HOG
[07:36 am] stevemld : MOS getting killed
[07:36 am] mhaus : MOS tanking
[07:39 am] stevemld : sudden drop AGQ
[07:39 am] cowboyh : agq[07:44 am] terry :
read today news on HDY
[07:45 am] scalpman : Still holding 1/4 HOG
s
[07:46 am] scalpman : All out HOG
[07:56 am] candelas : fsl moving quietly
[08:07 am] mikewd2 -: missed the silver
target
[08:07 am] mikewd2 -: GS raises target for
gold 1860 oz. next 12 months
[08:08 am] scalpman : Kris, RES target?
[08:09 am] scalpman : Out 1/2 RES L
[08:10 am] mhaus : FSLR
[08:12 am] stevemld : AGQ spiking off
lows
[08:13 am] scalpman : SPY moving up
[08:13 am] mikewd2 -: ka ching!
[08:13 am] mikewd2 -: bought last week
[08:13 am] mikewd2 -: out all ZSL 14.06 avg
price 12.7
[08:14 am] scalpman : Out another1/4 RES
L
[08:15 am] stevemld : 6 bucks on AGQ in 11
min nice
[08:16 am] stevemld : crazy stock
[08:16 am] Brent : good one stevemld[08:17
am] mikewd2 -: nice steve
[08:22 am] scalpman : All out RES, good one
Kris…
[08:26 am] mikewd2 -: as in dead cat bounce,
Brent?
[08:32 am] derns : Brent..you still on
BAC?
[08:34 am] Brent : yes derns, but very small,
and staying tight on it
[08:37 am] scalpman : Kris GG Long
Target?
[08:38 am] scalpman : Yes about 1%
[08:39 am] stevemld : GG nice one Kris
[08:39 am] scalpman : Out 1/2 GG L
[08:40 am] scalpman : Out another 1/3 BAC
L
[08:43 am] scalpman : GG stop at 48.90
[08:43 am] scalpman : Out another 1/4.
Keeping 100 shares GG L
[08:44 am] mikewd2 -: on BAC
[08:44 am] mikewd2 -: nice call Brent
[08:45 am] lorie : could have a bounce in CL
soon
[08:45 am] scalpman : Out another 1/5 BAC
L
[08:46 am] scalpman : Trailing up GG stop to
48.99
[08:46 am] Brent : thx mikewd2
[08:47 am] mikewd2 -: ZOLL just getting
killed today
[08:47 am] Brent : yes, just blew through
strong support and didn’t even flinch on
ZOLL
[08:48 am] scalpman : All out BAC
[08:49 am] scalpman : Trailing Stop GG now
49.15
[08:50 am] scalpman : Kris VWM Target?
[08:50 am] scalpman : All out GG
[08:51 am] scalpman : Out 1/2 VWM
[08:53 am] stevemld : good trade scalp
[08:54 am] scalpman : Thanks steve
[08:54 am] scalpman : Having a good
day….Like this market
[08:55 am] scalpman : All out VMW
[08:56 am] Brent : take care anthonyb[08:56
am] anthonyb : have a great day everyone.
thanks!! Time to go
[08:58 am] joeytsa : good job scalpman[08:58
am] Brent : nice work scalpman[08:58 am]
scalpman : $XXX today on 10-15K
positions…what a day….thank you
Kris….amazing calls…You have to be 100%
today.
[09:00 am] scalpman : Thanks Brent…got a
little of BAC….rebounding Longs are stingy
today.
[09:04 am] scalpman : ROSE drop
[09:05 am] candelas : me love it
[09:06 am] scalpman : ..But I got to
go…darn…lots more plays… see you all
tomorrow. Thanks Kris and Brent. Feeling
Great!
[09:06 am] candelas : take care Scalp
[06:24 am] mhaus : 09:15 am : S&P
futures vs fair value: -26.70. Nasdaq futures
vs fair value: -56.00.
[09:18 am] junior : MRX
[09:23 am] candelas : nice Jr.
[09:24 am] qwert : mrx great thanks jr[09:24
am] Brent : see you tomorrow scalp
[09:25 am] mikewd2 -: excellent junior
[09:25 am] junior : yeah MRX good one
[09:26 am] rosmag : tks junior for MRX
[09:26 am] junior : welcome everybody
[09:27 am] babak -: yes, Kris
[09:28 am] observer : SPY puts, instead,
Kris
[09:29 am] candelas : S&P on roll
been cutting everything since last mon[09:29
am] babak -: got it, thanks.
[09:31 am] candelas : zoll still dropping
[09:31 am] candelas : could u make the
candles smaller
[09:32 am] rusty : JP Morgan is upgrades
target on gold to 2500 by year end
[09:36 am] mikewd2 -: BAC at lod, 6.82
[09:37 am] Kris : can you add a few more
indicators bert? I can still see the price
candles
[09:37 am] joeytsa : haha[09:38 am] rusty :
lol[09:40 am] mabdeen7 : bac lod[09:40 am]
jjammerp : look out below
[09:40 am] Brent : wow, major delay problems.
you guys are seeing it faster than I am
[09:53 am] mikewd2 -: sell silver then
[09:53 am] joeytsa : only took a few days
[09:53 am] joeytsa : obama getting ready to
talk
[09:54 am] joeytsa : no prob Kris..this
should be interesting
[09:55 am] stevemld : uh oh here comes
< 11000 on dow[09:56 am] joeytsa : i
read some scathing remarks about obama from
dems earlier today..i will try to find the
link
[09:57 am] joeytsa : think it was from the
dailybeast[10:02 am] joeytsa : didn’t talk
yet derns[10:02 am] joeytsa : be interesting
to see if moodys gives us a downgrade
[10:02 am] derns : oh..thx…I am not near a
TV today
[10:02 am] derns : Missed Obama’s talk…was
there anything meaningful there?
[10:03 am] joeytsa : probably on the
radio..cnbc sirius I would think
[10:04 am] mikewd2 -: BAC coming off the
lows
[10:05 am] joeytsa : moodys has us on a
negative watch right now
[10:06 am] apple : I just got back –
lol[10:07 am] mbear : Yes Kris – shorted at
27.52…looking good
[10:07 am] joeytsa : death march?
[10:08 am] mbear : Mitch – I missed most of
this morning so you may have already
commented…are you still holding TNA for a
swing? thanks
[10:08 am] Brent : good call on URBN
Kert[10:09 am] joeytsa : must have caught a
bunch of salmon because this market is
stinking it up
[10:10 am] papadoc : Anyone else receiving
music from TSA????
[10:10 am] observer : yes, papadoc[10:10 am]
joeytsa : yeah papadoc[10:10 am] apple :
you actually think he is missing
anything????
[10:10 am] apple : he can fish and trade
simultaneously…
[10:11 am] observer : Thx, Kris cool
sounds
[10:11 am] joeytsa : obama talk pushed back
from 10 to 10:30 pst[10:11 am] docsmith :
Kris is that your music??
[10:11 am] docsmith : I’ve been searching
everywhere to figure out how to turn that
crap off. LOL
[10:11 am] apple : papa – it is not your
imagination
[10:12 am] lorie : thanks for the tunes
Kris
[10:12 am] Kris : any complaints, please
email [email protected]
[10:12 am] docsmith : Glad it’s not just in
my head
[10:12 am] apple : lol[10:12 am] apple : K
– who was it?
[10:13 am] papadoc : I liked your music Kris
– Thx
[10:14 am] vision : I like it toooo !
[10:14 am] apple : still short TEVA – thx
K
[10:15 am] Kris : lol[10:15 am] joeytsa :
nice, especially when it drowns out my wife
yelling..” have you made any damn money
today?? ” 🙂
[10:15 am] docsmith : it might have been ok,
if I could find the window to control it, but
came thru blasting.
[10:15 am] docsmith : funny joey
[10:15 am] apple : lol joey
[10:16 am] rusty : FAZ radar
[10:16 am] Kris : docsmith, Mitch told me you
didn’t even know how to plug in your speakers
so I thought we were good to go
[10:16 am] joeytsa : question…who is
writing up the DSR tonight? MK?
[10:16 am] docsmith : LOL…
[10:17 am] Kris : yes joeytsa, MK
[10:17 am] Kris : by candlelight
[10:17 am] joeytsa : thanks…haha[10:17 am]
eyes-inthenow : TIP turning over
[10:17 am] docsmith : Yes, after closing 29
browser windows and other chats, I finally
found it.
[10:17 am] candelas : LOL
[10:17 am] Brent : there is a “speaker” in
the lower left of the Trading Room that
controls the volume
[10:17 am] apple : crank it up!
[10:18 am] sonorant : Joining back in here
with a serious question — which is a better
trading platform, LightSpeed, or Trade
Station?
[10:18 am] joeytsa : APKT sliding down
[10:20 am] randall : out of the box????
[10:20 am] randall : I got it!
[10:21 am] eyes-inthenow : what are there
commissions
[10:21 am] apple : hey randall – how are
you?
[10:22 am] sonorant : So which do you use,
or do you have accounts with both in order to
optimize short inventories?
[10:23 am] sonorant : Because?
[10:24 am] apple : that’s a great reason –
lol[10:26 am] apple : sounds great, thx
[10:28 am] docsmith : That’s great to hear.
Always hard to make a choice.
[10:29 am] sonorant : I’m taking notes. Is
being able to trade from the chart a big
advantage?
[10:30 am] sonorant : Do you save on screen
real estate with the chart trading?
[10:31 am] junior : SWSH
[10:33 am] sonorant : But you are still
using Esignal charting, yes?
[10:33 am] joeytsa : Kris..on the
DOM/scrolling..are you talking about
centering the price?
[10:33 am] joeytsa : chart trading is pretty
cool..love being able to drag the targets
around
[10:34 am] joeytsa : wasn’t sure if you
meant the entry price..there is the “C”
button..but i rarely use the DOM
[10:35 am] Kris : I used the dom for getting
good entries and exits with level 2 data
[10:35 am] Kris : chart trade for the wider
placed orders and stops, I like visually
seeing my order with the S/R levels.
[10:36 am] mikewd2 -: tks[10:36 am] mikewd2
-: did Obama ever talk?
[10:36 am] candelas : not yet
[10:38 am] sonorant : Level 2 trading is
another whole learning curve, isn’t it?
[10:39 am] candelas : moe selling
[10:40 am] candelas : new low
[10:42 am] babak -: sure did, thanks Kris
[10:43 am] babak -: L 71.85, out 72.93
[10:43 am] babak -: great call on that
[10:45 am] duckfan : Kris are anticipating a
bounce today?
[10:45 am] duckfan : are you I meant,
sorry
[10:45 am] Brent : nice trade babak
[10:46 am] rusty : S&P Downgrades 73
Funds After U.S. Sovereign Downgrade
[10:46 am] rusty : Obama delayed
[10:46 am] candelas : I think they
downgraded Kris too
[10:47 am] mikewd2 -: and Cramer also gave
Kris a thumbs up!
[10:47 am] candelas : lol[10:47 am] candelas
: but Moody’s gave Kris an upgrade
[10:48 am] mikewd2 -: is that an upgrade or
downgrade?
[10:52 am] candelas : here goes Obama
[10:54 am] stevemld : AGQ 3 min
freefall[10:54 am] mikewd2 -: told you, obama
talks silver falls
[10:54 am] jjammerp : and there goes the
market
[10:55 am] mikewd2 -: pattern
[10:55 am] mikewd2 -: every time – he tries
to settle the negative economy which makes
silver fall
[10:55 am] derns : Mikewd2..you did…why is
that?
[10:55 am] candelas : lol[10:56 am] uptick
: OMG he’s promoting tax increases….
[10:58 am] stevemld : what a moron there’s
10000 on the dow[10:58 am] candelas : more
spending
[10:59 am] duckfan : unbelievable
[11:00 am] stevemld : obama a wet dream for
anyone that shorts the market
[11:01 am] uptick : Yes, forget capitalism
and private enterprise, we need shared
sacrifice….horrible.
[11:01 am] sfarrill : his speech is going to
trip the breakers
[11:01 am] duckfan : Your right, but I think
I can actually hear my retirement account
crying
[11:01 am] candelas : guess I will take
profits in TZA
[11:03 am] stevemld : one of my best days
ever but he and his cronies are bad for this
country
[11:03 am] mikewd2 -: wow!
[11:04 am] uptick : Today, u think?
[11:09 am] mikewd2 -: got to be an
opportunity somewhere
[11:11 am] sfarrill : LNKD
[11:11 am] mikewd2 -: going long on LOW – 19,
WFT – 16.15, MHS – 52.90, VALE – 25.30
[11:16 am] lara : The low for the DOW in
March 09 was 6469.
[11:17 am] stevemld : ANF freefall[11:18 am]
rusty : at this rate, Dow will be zero in 22
days
[11:18 am] odyssey : at least were crashing
slowly
[11:21 am] mikewd2 -: don’t understand why
FCX is tanking with gold expected to go
higher and higher
[11:23 am] sfarrill : I think FCX is more
copper mine
[11:24 am] mikewd2 -: yeah, i think your
right
[11:24 am] mikewd2 -: thus no growth – no
need for copper
[11:24 am] cowboyh : come guys this will be
a great buying opportunity real soon, we just
need to be calm and be ready to jump it when
it right
[11:25 am] joeytsa : 1120 on the ES taken
out
[11:25 am] apple : that’s right,
cowboy…
[11:28 am] odyssey : why is silver
tanking?
[11:28 am] mikewd2 -: silver on the move down
again
[11:29 am] mikewd2 -: not sure, in ZSL 13.58
out 13.96
[11:31 am] joeytsa : more than 1000 NYSE
stocks have hit a 52wk low wow
[11:33 am] sonorant : silver also has some
industrial uses, as well as being
speculative.
[11:33 am] apple : thx joey
[11:34 am] mikewd2 -: it still is very
overpriced, i will continue to short on
bounces higher
[11:34 am] joeytsa : in 10 minutes the ES
dropped 18 points and then rebounded 15
[11:35 am] stevemld : CF ANF FST moving
[11:36 am] joeytsa : seems to show me once
again that stocks are priced by perception
[11:36 am] joeytsa : MCD down $2
today…still make burgers and fries just
like on Friday
[11:36 am] Brent : nice uptick, drop in the
bucket
[11:36 am] uptick : Out all Bidu plus
1.10
[11:37 am] uptick : Good Call Brent
[11:37 am] apple : fyi – all stocks listed
here early this morning (before 10:30) all
moving up
[11:37 am] apple : bidu[11:41 am] stevemld
: MCP again
[11:44 am] joeytsa : nice seeing a little
green on the ticker alert
[11:45 am] joeytsa : the red was lulling my
to sleep..kinda like those white lines in the
road at 3am
[11:52 am] sonorant : Kris, can you say
more about the when & what of the
“upcoming webinar series” Somehow it
slipped by me that you had something in the
works.
[11:52 am] joeytsa : almost makes me want to
look at some LEAPS once we see a bottom
[11:53 am] mikewd2 -: i’ve added to my leaps
I bought friday, joey
[11:53 am] mikewd2 -: CSCO, HPQ, RIG Leaps
[11:53 am] joeytsa : that took some cojones
mike
[11:57 am] qwert : see ya eyes, how was your
day/
[11:57 am] mikewd2 -: TNA was 85 ten days
ago, now 40
[11:57 am] joeytsa : later eyes
[11:57 am] eyes-inthenow : i am up 50.00
[11:57 am] Brent : take care eyes, see you
tomorrow
[11:57 am] apple : bye eyes have a great
evening
[11:58 am] mikewd2 -: carried over from
Friday (mistake) been adding a bit near 40
[11:58 am] joeytsa : mike, TNA could set up
nicely
[11:59 am] mikewd2 -: thanks
[11:59 am] joeytsa : hope it works out for
you
[12:06 pm] mikewd2 -: only 1 stock in
s&p500 up today, Newmont mining
[12:07 pm] joeytsa : wow
[12:07 pm] joeytsa : rough day for the
buy/holders
[12:08 pm] mikewd2 -: ADP, XOM, JNJ, MSFT, GE
and Grainger keep AAA rating from
S&P[12:08 pm] apple : thx mike
[12:08 pm] apple : mikr – NEM hit a high of
57.39, currently 54.79
[12:10 pm] stevemld : maybe we end the day
on a long run
[12:10 pm] apple : WMS
[12:11 pm] apple : hope so
[12:16 pm] stevemld : run ANF
[12:18 pm] mikewd2 -: HOT making a move
[12:24 pm] cowboyh : Hey guys remember YANG
this stock might be real popular for a
while
[12:30 pm] Brent : have a good night
joeytsa[12:32 pm] apple : B – any ideas for
a L or S overnight?
[12:34 pm] Brent : I don’t have my eyes on
any right now apple
[12:34 pm] apple : I keep looking and
looking and looking…
[12:37 pm] vans : It’s official, GXTrader
sucks.
[12:37 pm] vans : Craxy market, not getting
most my orders filled. Must not be enough
shares.
[12:38 pm] sonorant : Any other thoughts
on/votes for trading platforms?
[12:39 pm] Brent : let me try something for
you sonorant
[12:40 pm] Brent : we’ll let people in the
room vote for you
[12:41 pm] sonorant : Yes, this is very
cool
[12:41 pm] mikewd2 -: nice Brent
[12:41 pm] mbear : very cool Brent
[12:42 pm] skydiver : wide awake – amazing
day
[12:42 pm] Brent : I should’ve done it
earlier. Looks like a lot of people are gone
or asleep
[12:43 pm] sonorant : Yes, but it is still
really interesting. Looks like lightspeed is
the big winner, followed by tradestation.
Thanks Brent.
[12:43 pm] mikewd2 -: what was the result?
[12:43 pm] Brent : did you vote Kert?
[12:44 pm] Kris : no
[12:44 pm] Kris : I’m not registered
[12:44 pm] Brent : well then add another to
Etrade[12:44 pm] Brent : Lightspeed still
won
[12:44 pm] apple : lol – they do have good
charts and scanning, tho[12:45 pm] sonorant
: Okay, many, many thanks!
[12:45 pm] mikewd2 -: plan on moving to
lightspeed soon
[12:45 pm] mikewd2 -: i want Mitch to yell at
me one more time for using etrade pro
[12:45 pm] Brent : your gonna have to wait
till next week
[12:45 pm] Brent : yes they do apple, I just
like having fun with it
[12:45 pm] Brent : lol[12:46 pm] mikewd2 -:
TNA crashing
[12:46 pm] Brent : I have an account at
Etrade for the scanner. Just don’t day trade
with it.
[12:46 pm] apple : i am watching it…
[12:47 pm] odyssey : practicing jumping from
the first floor
[12:47 pm] apple : so is SPY
[12:47 pm] apple : lol – odyssey you will be
fine…
[12:48 pm] papadoc : The DOW is in ICU on
life-support, prognosis does not look good.
Buy funeral insurance.
[12:48 pm] mikewd2 -: good idea odyssey, but
don’t break your leg – it will be then hard
to get to the top floor.
[12:48 pm] Brent : sonorant. I had lightspeed
and liked it very much. I just feel like I
can trade more effectively (especially Kris’s
strategy) with trading on the charts with
Ninja, so I switched to Interactive
Brokers
[12:48 pm] stevemld : ROK down > $30
since july 7
[12:49 pm] sonorant : Ninja Trader’s
commission struct, that is.
[12:49 pm] sonorant : Brent, I looked online
for their commission structure, and could not
find it clearly listed anywhere…
[12:49 pm] mbear : Brent – what are the data
costs for the Ninja Trader charts?
[12:49 pm] Brent : oh
[12:49 pm] Brent : ninja is a trading
platform not a broker
[12:49 pm] Brent : for which one sonorant?
[12:50 pm] stevemld : Kris do u use ninja
with tradestation?
[12:50 pm] sonorant : Oh – so I go to IB and
look at their fees then.
[12:50 pm] mhaus : Brent, does NinjaTrader
have scanner capability?
[12:50 pm] Brent : you link ninja to a broker
like Interactive Broker
[12:50 pm] Brent : that’s correct sonorant
[12:51 pm] qwert : so is ninja free?
[12:51 pm] mhaus : Can I create a stock
scanner window in Ninja Trader?
[12:51 pm] mbear : Got it – thanks
[12:51 pm] Brent : mbear, your broker
supplies the data feed to ninja. So there is
no monthly charge.
[12:52 pm] mhaus : No, you got to either
purchase it or have a monthly subscription
[12:53 pm] mhaus : That’s what I found too.
Not like Trade-Ideas
[12:53 pm] Brent : Mhaus , We’ve only found a
way to scan a small basket of stocks
[12:54 pm] uptick : Have a good night all,
see you in the am.
[12:54 pm] Brent : you too uptick, see you
tomorrow
[12:55 pm] qwert : thanks Brent
[12:55 pm] Brent : lifetime includes all
updates too
[12:55 pm] Brent : it’s about $50 per mo.
qwert or $995 for lifetime
[12:58 pm] sonorant : Just found IB
commission rates — .005 per share, min. of
$1 per order — pretty competitive
[12:58 pm] apple : thx B and K and everyone
– have a wonderful evening
[01:00 pm] sonorant : Thanks B & K
and all
[01:03 pm] stevemld : tons of great calls
today TSA thanks and see all tomorrow
[01:03 pm] babak -: Thanks Kris, Brent and
everyone else, have a great evening.
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