[06:22 am] Kris : Good Morning Traders
[06:22 am] Kris : Nice to see the GeekSquad
finally removed that post that was stuck in
the announcements window!
[06:22 am] Kris : That made my day
[06:23 am] Kris : BAC, DNDN, CLP, CTB, CREE,
MT, TRV and GGP as possible short setups.
[06:23 am] Kris : Today I am watching PANL,
EXEL, AKS< BX, CGI, SZYM, CETV, OPEN,
and REDF for possible longs.
[06:24 am] Brent : good morning
[06:32 am] Kris : CREE short half position
[06:33 am] Kris : BAC short half position
[06:34 am] Kris : out half CREE short
[06:35 am] Kris : BAC gonna have some support
just over 7.00
[06:36 am] Brent : watching LOW for a
bounce
[06:36 am] Kris : out half BAC short
[06:36 am] Kris : YOKU short half position
[06:37 am] Kris : see if SPY can hold 114 and
eventually move up over 115.40
[06:38 am] Brent : LOW hitting resistance
here, consider reducing
[06:38 am] Brent : tighten stop on LOW to
protect profits
[06:38 am] Kris : OPEN long half position
[06:38 am] Kris : watching DIS for a long
[06:39 am] Kris : NAV long half position
[06:40 am] Kris : looking to take half off
YOKU short here soon
[06:41 am] Brent : watching IL for a
bounce
[06:41 am] Kris : out half NAV long
[06:41 am] Kris : out half YOKU short
[06:42 am] Brent : consider reducing more
LOW
[06:42 am] Kris : out another 1/4 NAV long
[06:42 am] Kris : SPY pushing 115
[06:43 am] Brent : SPY approaching
resistance
[06:43 am] Kris : will look for a
consolidation or small pullback in AKS to
take a small taste long.
[06:44 am] Kris : NAV coming into resistance
around 38.00
[06:45 am] Kris : GRA long over 39.55
[06:45 am] Kris : out another 1/4 YOKU
short
[06:46 am] Brent : consider reducing IL if
got it long
[06:46 am] Kris : out all NAV long
[06:46 am] Kris : SPY approaching hod
resistance
[06:46 am] Kris : sweet move
[06:47 am] Kris : NUAN long half position
[06:48 am] Brent : LOW coming into
resistance, consider closing or trailing your
stop up
[06:48 am] Kris : SPY new hod[06:48 am] Kris
: stopped last piece of YOKU short
[06:49 am] Kris : GRA near breakout over
resistance
[06:49 am] Kris : out half NUAN long
[06:50 am] Kris : GS short half position
[06:50 am] Kris : looking for 114 in GS
short
[06:50 am] Kris : out half GS short
[06:52 am] Kris : will watch SUN for a
pullback to take long
[06:53 am] Kris : GRA long
[06:53 am] Kris : WMB long half position
[06:54 am] Kris : start with half on GRA,
wait for market to find a bottom before
adding second half.
[06:55 am] Kris : OPEN pushing hod, looking
for new highs
[06:56 am] Kris : BWA long half position
[06:56 am] Kris : long second half GRA
[06:57 am] Kris : SPY coming down to test the
lod[06:57 am] Kris : that’s correct
joeytsa[06:58 am] Kris : see if it can hold
that 114 support
[06:59 am] Kris : HLS long half position
[06:59 am] Kris : watching CQP for a possible
short
[07:04 am] Kris : FO long half position
[07:05 am] Kris : HCN long half position
[07:06 am] Kris : SPY trying to break
trend
[07:10 am] Kris : XRAY short half position
[07:11 am] Kris : blowing through lod[07:11
am] Kris : JNJ short
[07:11 am] Kris : SPY big selling
[07:13 am] Kris : short TWC
[07:14 am] Kris : OPEN holding up against
this selling
[07:14 am] Kris : should move higher soon
[07:18 am] Brent : watching CSC for a long
[07:19 am] Kris : CATY short
[07:21 am] Kris : watch for a big drop on
this new lod if we break 113 on spy
[07:24 am] Kris : out half XRAY short
[07:28 am] Brent : I’m not going to chase
CSC, I missed it, reduce 27.45 area if you
got it
[07:29 am] Kris : ROSE long half position
[07:32 am] Kris : SPY trying to break
trendline[07:34 am] Brent : good eye junior,
JAZZ alert
[07:41 am] Kris : you don’t want issues when
you’re trading the lady in black
[07:42 am] Kris : she’ll eat your heart and
ask for seconds
[07:53 am] Brent : SPY approaching lod[08:07
am] Brent : SPY new lod[08:30 am] Kris : spy
coming up on triple bottom support
[08:30 am] Kris : watch for lower lows in the
SPY
[08:31 am] Kris : SNY short half position
[08:35 am] Kris : short second half SNY
here
[08:40 am] Brent : nice one mhaus on SF
[08:41 am] Kris : that means each time it’s
bounced it’s had fewer buyers looking to go
long
[08:41 am] Kris : yes sonorant, we have lower
highs building down into that support level
around the lod[08:42 am] Brent : it’s called
a triangle
[08:42 am] Kris : and now we have several of
buyers that are still potential longs with
their stops below that support level.
[08:42 am] Kris : didn’t we see this same
exact pattern yesterday?
[08:42 am] Kris : make sense?
[08:42 am] Kris : or was it on Monday?
[08:43 am] Kris : I stil like SF long,
especially if we can break that upper
trendline in the spy here
[08:43 am] Kris : or what others call a
wedgie[08:43 am] Kris : SF showing nice
increasing volume and price acceleration
[08:44 am] Kris : ROSE pushing new hod[08:45
am] Kris : keep coming
[08:49 am] Kris : ok spy, find some support
now
[08:55 am] Kris : look at the SPY
[08:55 am] Kris : no, I’m stopped sny, been
trading SF
[09:10 am] Kris : hey mhaus, I didn’t see
your post
[09:11 am] Kris : you have to create a custom
ninjascript stop strategy. You won’t be able
to set that from within the standard wizard
setup.
[09:12 am] Kris : now we’re at trendline
support on the SPY
[09:36 am] Brent : IO moving
[09:38 am] Brent : have a good one
mhaus[09:40 am] Brent : have a good night
Junior
[10:35 am] Kris : choppy afternoon
[10:39 am] Kris : GS looking weak, watch for
a break below lod[10:55 am] Brent : SPY
approaching hod[11:31 am] Brent : CXO
resistance around $87
[11:33 am] Brent : tell the guys to hold
those longs, not to chicken out. and Mitch
asked if anyone went back into the large
group of people that we don’t want to be in.
Remember that volatility is very high on a
bottom after a big drop, as well as big
volatility on the top after a fast and hot
run
[11:33 am] Brent : this is from Mitch
[11:34 am] Brent : I’m sure he meant gals
too
[11:34 am] Brent : lol, truck
[11:35 am] Brent : just tell him it was a day
trade
[11:36 am] Brent : I didn’t’ say anything
[11:36 am] Brent : no
[11:36 am] Brent : sorry Truck, lol. Read the
last sentence
[11:36 am] Brent : tell them the odds are
very much in their favor to be long and even
if there was “new news” from something we
have heard before, or a comment from someone
influential, or a run on a bank in Italy, or
whatever, the odds are still overwhelming in
their favor. These aren’t day trading
positions.
[11:37 am] Brent : I wouldn’t throw you under
the truck like that
[11:40 am] Brent : also, tell them I haven’t
even logged into any of my brokerage
accounts, I’ll look at it tomorrow and
Friday. You have to learn how to switch from
a day trader to a swing trader and its a
different mindset. Here in the Trading Room,
we are day traders but once in a while, we
become a swing trader for days or sometimes
weeks, which is what i am personally doing
with most money at this point. The only
thing that could break this chart pattern
into a negative situation is if the news
elevated to a much higher negativity, like
someone shoots the President or Fed Reserve
Chairman Bernanke….. something of that
magnitude
[11:46 am] Brent : have a great night
Lorie
[12:08 pm] Kris : I have to leave a little
early today. Good luck to everyone and I’ll
see you all tomorrow morning.
[12:33 pm] Brent : SPY approaching lod[01:04
pm] Brent : have a great night everyone great
job today, see you in the morning
|
[06:13 am] candelas : cree is up 12%
[06:26 am] mhaus : watching MMI for short
[06:27 am] papadoc : K Truck, already made
2K premarket from AGQ It has been good to
me.
[06:27 am] candelas : way to go Papadoc.
[06:28 am] truck : great Papadoc ! ahead of
me
[06:28 am] papadoc : Be careful everybody –
DOW futures are down 196 about 10 minutes
ago
[06:28 am] mhaus : watching ATPG
[06:28 am] candelas : doughnuts on Papadoc
rest of the year
[06:34 am] ghaziar : quickest $320 profit on
cree — thanks
[06:42 am] joeytsa : FSLR on a steady move
up after a bottom
[06:43 am] randall : that was a charged 1min
candle on it
[06:45 am] toptrade : short cree 33.90
[06:46 am] toptrade : cover cree 33.30
[06:50 am] toptrade : short cree 33.92
[06:50 am] toptrade : stop 34.12
[06:51 am] joeytsa : should get it
Kris…been on GS all morning
[06:52 am] apple : NAV S 38.42
[06:55 am] junior : nice short apple
[06:55 am] joeytsa : nice apple !!!
[06:56 am] lorie : yes
[06:56 am] lorie : ty[06:56 am] lorie :
could have a bounce in CL
[06:56 am] joeytsa : lorie…inventories
coming up in a little bit
[06:57 am] lorie : yes joey
[06:57 am] joeytsa : 7:30pst?
[06:57 am] eyes-inthenow : To what side
Lorie
[07:00 am] joeytsa : GS in a tight
range..gonna go somewhere
[07:04 am] joeytsa : AGQ shooting up
[07:10 am] joeytsa : here comes your 114 on
GS Kris
[07:11 am] joeytsa : ES down 10 points in 2
minutes
[07:12 am] joeytsa : ES = emini…not a
stock
[07:14 am] joeytsa : lunch on apple today
🙂
[07:14 am] apple : out all NAV 36.82
[07:15 am] joeytsa : classic downtrend on
SPY chart..lh/ll[07:16 am] randall : wow,
for the first time, lightspeed can’t loan me
shares on AGQ!
[07:16 am] mikewd2 -: randall are you trying
to short AGQ?
[07:16 am] joeytsa : looks like someone
is
[07:17 am] randall : ok
[07:17 am] randall : I just tried no
shares
[07:17 am] randall : gave up one point
[07:17 am] mikewd2 -: then buy ZSL
[07:17 am] mikewd2 -: puts time value to
high
[07:17 am] mikewd2 -: at least when i
looked
[07:17 am] joeytsa : or buy puts?
[07:17 am] joeytsa : AGQ on the H list
[07:17 am] candelas : PEGA
[07:18 am] randall : Zsl doesn’t look triple
levered. Next
[07:18 am] mikewd2 -: I’ve played ZSL last
few days for very nice profits
[07:18 am] candelas : 2late to short
pega[07:18 am] apple : now you tell us,
mike
[07:24 am] eyes-inthenow : Brent are you
going to call bottom CSC
[07:25 am] lorie : oil inventory in 5
minutes
[07:25 am] Brent : I will post when/if I
enter eyes
[07:28 am] junior : CSC too fast of a
bounce…wow, still at the station with my
boarding pass, train left
[07:28 am] joeytsa : oil moving up into the
report
[07:28 am] eyes-inthenow : long 26.62
[07:29 am] toptrade : watch mtw for long
[07:29 am] junior : good one eyes
[07:29 am] eyes-inthenow : out 27.09
[07:31 am] eyes-inthenow : LEN
[07:34 am] junior : JAZZ
[07:39 am] lorie : eyes, candelas did you
get some of the long in CL?
[07:39 am] candelas : no, hope u did
[07:40 am] candelas : I have 2 wait to get
my new system Friday b4 I trade crude
again
[07:41 am] candelas : too many issues with
ninja and my compute I use for crude
[07:42 am] lorie : spot on Kris
[07:42 am] candelas : we can’t have that
[07:42 am] candelas : u got that right
[07:43 am] lorie : eyes the delay you were
seeing in TOS was that paper or live?
[07:45 am] staz : MCP pop up
[07:45 am] scalpman : McP toppy
[07:47 am] mabdeen7 : Kris what are looking
at CATY
[07:49 am] lorie : CL long 79.78
[07:50 am] candelas : Lorie Lorie Lorie go
Lorie nice trade
[07:50 am] lorie : out 80.03
[07:53 am] eyes-inthenow : Cl long 79.99 our
80.22
[07:54 am] lorie : great trade eyes
[07:54 am] lorie : eyes, send me an email
would like to know about the delay in TOS:
[email protected]
[07:55 am] eyes-inthenow : I trade CL on TOS
platform and watch the esignal chart don’t
trade off of TOS Chart no good
[07:57 am] lorie : don’t want to clutter the
board with this email me if you want
[07:57 am] lorie : doesn’t the delay on the
TOS system mess you up?
[07:57 am] eyes-inthenow : I will give you
my number in email call me
[07:59 am] lorie : ok
[08:06 am] derns : I’m a bit surprised
Silver has remained relatively constant since
its opening this morning.
[08:09 am] duckfan : Is this just back
filling or you guys think yesterday was a
head fake?
[08:09 am] Brent : you usually see a lot of
volatility in the bottoming process
duckfan[08:10 am] duckfan : thx
[08:10 am] Brent : I’d be surprised if it
broke yesterday’s low
[08:11 am] stevemld : yesterday starting to
look like a dead cat bounce but I hope
not
[08:15 am] scalpman : BWA may break S
[08:16 am] scalpman : Next downleg SPY, BWA
to drop
[08:17 am] scalpman : or not…
[08:19 am] scalpman : or yes..
[08:22 am] scalpman : out even on SWA…
[08:22 am] eyes-inthenow : KRIS EGO High
[08:23 am] scalpman : SPY is holding..
[08:26 am] stevemld : FO slowly breaking on
down looking for reversal soon
[08:26 am] myrontay : needs to break out of
the 114 area
[08:26 am] myrontay : but not making new
highs
[08:39 am] mhaus : watching SF
[08:40 am] sonorant : lower lows in SPY
because of the downward trend line?
[08:40 am] mhaus : thx
[08:41 am] stevemld : spike AGQ
[08:41 am] scalpman : SPY reluctant to
die
[08:43 am] sonorant : thanks
[08:43 am] mhaus : I am long on [email protected]
[08:50 am] rd : L SF at 23.35
[08:50 am] mhaus : I had held AGQ over night
with a sell order of 195. It sold after hours
🙁
[08:50 am] candelas : yipee[08:50 am]
candelas : yahoo
[08:51 am] candelas : in da zone
[08:51 am] candelas : sold 3/4 SF @ .82
[08:52 am] Kris : good job candelas
[08:52 am] candelas : thx Kris
[08:53 am] stevemld : FO turning nicely
[08:53 am] rd : Out SF 23.91
[08:55 am] mhaus : Kris, in NinjaTrader how
do I change the ATM from ticks to price or
percentage?
[08:55 am] gene -: Kris, SNY increasing in
price. still short??
[08:56 am] derns : Jaime Dimon is moving the
market with his optimism.
[08:58 am] candelas : thx for SF Mhaus[09:00
am] myrontay : lovely picture on the spy
[09:00 am] mhaus : ur welcome
[09:03 am] myrontay : spy needs to hold
[09:04 am] mhaus : GOLD
[09:04 am] eyes-inthenow : GOLD looking
good
[09:05 am] derns : Someone forecasted Gold
to reach 2500 by year end this morning on
CNBC
[09:06 am] eyes-inthenow : if that person
knew the future he would be rich
[09:07 am] joeytsa : i had a financial
advisor tell me NOT to buy gold when GLD was
at 110
[09:07 am] derns : Eyes…I agree!
[09:08 am] stevemld : lol joey u still do
business with him
[09:08 am] joeytsa : i think this guy took
the 3hr one haha[09:08 am] joeytsa : he
wasn’t my fa, just a guy i know
[09:08 am] eyes-inthenow : that is funny
[09:08 am] eyes-inthenow : Did you know that
financial advisor take a 3 day course
[09:09 am] joeytsa : one told me he loved
AIG at 27, because it HAD to go up….
[09:09 am] joeytsa : i know fa’s…i usually
do the opposite of what they say 🙂
[09:10 am] joeytsa : yep
[09:10 am] joeytsa : he must be orgasmic
with it at 22 and change
[09:10 am] candelas : most advisors are sell
side, derive incoming from selling
products
[09:11 am] mhaus : ok. thanks
[09:11 am] joeytsa : if they could pick
stocks, they would be traders
[09:11 am] joeytsa : i wouldn’t even let
them pick my nose 🙂
[09:11 am] eyes-inthenow : NGD turning
[09:12 am] mhaus : out [email protected]
[09:12 am] mhaus : out [email protected]
[09:12 am] Kris : hallelujah joey
[09:12 am] candelas : moving stop up last
1/4 SF 24.16
[09:12 am] Brent : nice mhaus[09:13 am] mhaus
: The markets have been good to me today!
[09:14 am] candelas : 24.44
[09:14 am] candelas : 24.32 stop SF
[09:15 am] eyes-inthenow : NGD no good
[09:16 am] joeytsa : APKT on a nice little
run
[09:17 am] joeytsa : finally broke above
yesterdays close
[09:19 am] rd : mhaus i stepped out but thx
for sf & good trade on your side
[09:20 am] candelas : stop 24.63
[09:24 am] candelas : stopped last 1/4 SF @
24.68 from 23.31
[09:25 am] mhaus : I quit SF at 24.48
[09:25 am] candelas : thx Brent
[09:25 am] Brent : nice trade candelas
[09:26 am] mhaus : watching MMI
[09:26 am] mhaus : maybe small short in
MWE
[09:29 am] joeytsa : GMCR sliding
[09:36 am] junior : IO alert
[09:38 am] mhaus : I am done for the day.
W9L1 (YOKU)
[09:39 am] mhaus : I will now be in watching
and learning mode
[09:39 am] junior : taking off early today,
thanks Kris, Brent, and everyone for great
ideas and good day!!
[09:39 am] candelas : take care Mhaus[10:35
am] jjammerp : brent, is the last post to
the room 9:40am?
[09:40 am] lisas : great job mhaus!
[09:40 am] eyes-inthenow : Brent is TNA
still a good swing at this price
[09:43 am] eyes-inthenow : I was gone NGA
turned out to be good
[09:44 am] Brent : I think so Eyes, but stay
small. Could drop more
[09:45 am] Kris : your a professional twader
candelas
[09:45 am] candelas : nice twade IO,
[09:46 am] mhaus : well done candelas!
[09:48 am] candelas : yes I’m a pro
twader[09:48 am] candelas : i hope to
graduate with honors so the w can drop and be
replace with r
[09:50 am] candelas : thx Mhaus[09:55 am]
mhaus : candelas, looks like we got out of
SF too soon
[09:56 am] candelas : oh well, next time
[09:58 am] mhaus : looking for MMI to
peak
[10:09 am] lorie : CL long
[10:11 am] mhaus : OPEN
[10:14 am] truck : test
[10:15 am] Brent : we see you truck
[10:22 am] truck : thanks Brent
[10:22 am] lorie : CL bounce
[10:24 am] shailan : Brent, I am still long
from yesterday closing on TNA DIG UPRO TQQQ
do you think I should hold few more days?
[10:27 am] Brent : I’m not a swing trader
shailan, but maybe Mitch will be in later.
I’m pretty sure he is holding his
positions
[10:29 am] shailan : Ok Brent, from he said
last night he was pretty confident, but I am
sweating a little, thank you
[10:30 am] Brent : that’s why it is important
to stay small shailan so you don’t have to
sweat about it. We’ll probably see some
continued volatility as the market is trying
to put in a bottom
[10:36 am] jjammerp : Just saw Kris’ post
[10:36 am] Brent : lol[10:36 am] Brent : it
was until Kris’s post just now
[10:38 am] randall : sina bucking the trend
today
[10:48 am] candelas : Shailan, when u look
at ur swings use 15min or 60 min, it quiets
out the noise
[10:52 am] qwert : candelas thanks for
advice on swing trades using longer time
frame charts makes it much easier to look
at
[10:53 am] candelas : no problem, still
trying to graduate with honors
[10:54 am] candelas : LOL, thx Brent
[10:54 am] candelas : Kris called me a pro
twader[10:54 am] Brent : your already a pwo
trader in my book
[10:55 am] uptick : The fact that Bernanke
and Obama are/have met has punched up the
spy
[10:55 am] qwert : yeah definitely a pwo
trader
[10:57 am] candelas : with selling market
gets week hand first then the “savy
investors” last thats why bottoms are
bumpy
[10:57 am] candelas : rid of weak
[10:57 am] candelas : or herky jerky as
Mitch says
[10:58 am] truck : out TNA 42.20,,,plus
1.59
[10:59 am] truck : thanks
[10:59 am] candelas : nice day trade
Truck
[11:02 am] truck : sold TQQQ,,,60.30
[11:03 am] truck : lucky Apple,,,bought this
morning
[11:03 am] Brent : I agree apple, hard work
pays off in this business that’s for sure
[11:03 am] apple : truck, you are on a roll,
baby!
[11:03 am] truck : plus,,, 2.03
[11:04 am] truck : I think I will regret not
staying in
[11:04 am] lisas : I may just hook up my
keyboard with candelas. Do you think it will
reach all the way to Richmond?
[11:04 am] apple : smart guy!
[11:04 am] apple : probably
[11:04 am] apple : Lisa – good idea – count
me in too
[11:04 am] apple : I am in TNA for the long
haul
[11:05 am] lisas : Same here apple. Also
have aapl, bidu, cmg and iwm but watched them
like a hawk today.
[11:05 am] candelas : Lisas may work when I
come to beach
[11:05 am] apple : relax lisa[11:06 am]
lisas : S&P approaching open, would
be nice to break through
[11:06 am] lisas : +1000
[11:06 am] lisas : $tick has been over +100
for 15 min, good sign
[11:06 am] apple : i am praying…
[11:07 am] truck : UPRO ,,, new hod[11:07
am] sonorant : This is as a swing
[11:07 am] sonorant : Okay, so if I bought 2
small lots of TNA earlier, and waited for 3rd
lot — on the theory that it might still
tank, do I go in now for the third? (or on
the next mini-dip)
[11:07 am] candelas : a pastor told me one
time, if ur in the market and u have to pray
ur in trouble
[11:08 am] lisas : While one is praying for
their long, another is praying for their
short, lol[11:09 am] candelas : I knew what
u meant, it just made me think of what he
told me when I trade options years ago
[11:09 am] apple : no, just praying for SPY
to go over open, candelas, that’s all (more
like a figure of speech) – did the other
stuff before, it puts you in a very
vulnerable spot which I am sure we have all
done at one time or another.
[11:10 am] truck : out UPRO….50.75
[11:10 am] lisas : we know that apple is a
minipwo[11:10 am] candelas : traded
[11:10 am] apple : truck, you are something
today!
[11:10 am] apple : lol, thx
[11:10 am] truck : plus 1.28
[11:12 am] truck :
Thanks,,,,but,,,everything I have sold,,,,is
up more !
[11:12 am] truck : Big day for me !
[11:12 am] stevemld : go FO
[11:12 am] apple : candelas, I am praying
that TNA gets back up to what it was a little
over a week ago – over 70
[11:13 am] truck : no ,, on Kris !!
[11:13 am] truck : lunch on me !!
[11:13 am] lisas : Good job Truck!
[11:13 am] candelas : that would be nice
Apple
[11:13 am] candelas : nice to hear Truck
[11:13 am] apple : from my mouth to
somebody’s ears!!!!
[11:13 am] apple : congrats, truck – let’s
celebrate
[11:14 am] lorie : yes
[11:14 am] lisas : Ditto apple, I have some
in an IRA at a higher price also
[11:14 am] candelas : is Lorie still here
[11:15 am] lorie : yes, just caught it for
47 ticks, once it gets close to its hod with
volume
[11:15 am] candelas : CL has had some nice
moves today
[11:16 am] lorie : ha
[11:16 am] candelas : knew u were on top of
it
[11:16 am] apple : great job, lorie[11:18
am] truck : yes
[11:18 am] truck : TNA , really falling
[11:18 am] apple : it follows SPY exactly
[11:22 am] truck : Brent,,,are you there
?
[11:22 am] lorie : wow CREE up 21percent
today
[11:23 am] truck : what are you watching?
[11:23 am] candelas : think they have
earnings after bell CREE
[11:23 am] Brent : yes I’m here truck
[11:23 am] Brent : Sponge Bob
[11:23 am] Brent : oh you mean stocks?
[11:24 am] truck : cannot type for laughing
!
[11:24 am] candelas : my oldest son grew up
on hard hat harry, I still like those
trucks
[11:24 am] candelas : me either
[11:24 am] Brent : I’m just scanning, not
looking at anything particular right now
[11:25 am] truck : should we long, or short
Sponge Bob ?
[11:25 am] jjammerp : sponge bob is the best
ever, long for sure
[11:25 am] Brent : that’s a good one apple
[11:25 am] apple : what about bob the
builder?
[11:26 am] truck : 2023 is the forecast
Apple
[11:26 am] candelas : true
[11:26 am] apple : I am very patient
[11:26 am] apple : housing should go up
eventually
[11:27 am] jjammerp : I tell my friends, buy
a houseboat, at least it will float
[11:28 am] mhaus : ATLS
[11:28 am] jjammerp : and the lender will
have a hard time finding you at your doc in
the bahamas[11:28 am] apple : you got it
right, jj[11:28 am] apple : sounds like
fun
[11:28 am] apple : lol[11:29 am] mhaus :
AVT
[11:30 am] mhaus : watching CXO
[11:30 am] mhaus : UPL
[11:30 am] apple : me too mhaus[11:31 am]
mhaus : CXO trading 9% above expectations
[11:34 am] truck : He meant me…He knew I
would sell,,,and I did
[11:34 am] mbear : Brent – you can tell
Mitch that I bought more TNA this
morning…I’m a believer
[11:34 am] lisas : Tell Mitch thanks, all my
swings are up between 2 and 4 percent and
more
[11:34 am] lisas : lol truck
[11:34 am] apple : we are all trader
guys!!!!
[11:35 am] truck : good idea
[11:35 am] apple : truck you can still get
back in!!!
[11:36 am] truck : you told him
[11:36 am] stevemld : CREE toppy
[11:36 am] mhaus : already covered what my
monthly salary would have been. Wife is
happy. Now I know she won’t change the locks
on me this month 😀
[11:36 am] lisas : Good to have the update
from Mitch!
[11:36 am] apple : I am a believer
[11:36 am] apple : Brent is our medium – let
us know what the gods say…
[11:37 am] truck : great mhaus[11:37 am] rd
: you go haus. the only house going up 🙂
[11:37 am] mbear : lol mhaus[11:37 am] lorie
: keeping her happy
[11:37 am] lorie : good for you mhaus[11:37
am] lisas : lol mhaus!
[11:37 am] Brent : great job mhaus[11:37 am]
apple : lol[11:37 am] apple : good one
mhaus[11:38 am] truck : very,very true
[11:38 am] rd : if momma is happy everyone
is happy and if not……
[11:38 am] mhaus : I burst out laughing too
when she texted me that.
[11:38 am] joeytsa : great job mhaus[11:38
am] candelas : a job in itself
[11:38 am] apple : true, true
[11:38 am] apple : always keep mommy
happy
[11:39 am] mhaus : true. no action makes me
a sad dude.
[11:39 am] mhaus : OPEN
[11:39 am] candelas : just like the song
whatever Lola wants
[11:39 am] apple : words of wisdom…
[11:40 am] lisas : s cree 35.75
[11:41 am] mhaus : I gave up swing trading
after EW 😀
[11:41 am] apple : good example, MK!
[11:43 am] candelas : hey Mhaus, I was down
on the EW swing also and shorted 300 shares
for 200 shares I had long. I closed out my
long kept the short and closed it out for
plus $1,300 overall
[11:44 am] mhaus : I was stupid enough not
to do that and have a very low stop.
[11:44 am] lorie : calling it a day, trade
safe and protect the plate
[11:44 am] candelas : just a thought for
next time
[11:45 am] rd : Later Lorie
[11:45 am] qwert : candles are you long EW
now if so what entry$
[11:45 am] mhaus : Learnt from that. I
usually don’t make the same mistake twice.
[11:45 am] joeytsa : candelas…so you were
net 100 short? almost a reversal trade?
[11:45 am] candelas : ok
[11:45 am] candelas : exactly
[11:46 am] joeytsa : I’ve done that
b4..especially when i thought i was close to
a top..can be tricky
[11:46 am] candelas : no not anymore
[11:46 am] candelas : definitely takes some
work
[11:46 am] candelas : but closed out the
long completely
[11:46 am] apple : bye lorie have a great
evening
[11:47 am] mhaus : gold at 1,778.8 an
oz[11:48 am] mhaus : check CRS too
[11:48 am] candelas : sina still moving
[11:48 am] candelas : missed the short
[11:50 am] candelas : from chart not
loading
[11:54 am] stevemld : out half CREE looking
for .85 target
[11:54 am] qwert : candles which stocks are
you in for long swings?
[11:55 am] qwert : watching ew[11:55 am]
qwert : i have cmg, aapl, tna and aks was EW
for possible entry
[11:55 am] candelas : just tna and apple
[11:56 am] vans : Brent, what is one of the
favorite swings
[11:56 am] sonorant : Am in Lightspeed demo
for first time today. Went to do a short,
and there was no short button. I bet you
just have to hit “sell”, yes?
[11:56 am] qwert : sell then go sonorant
[11:57 am] toptrade : idcc[11:57 am] qwert
: i lost on it last time stopped out
[11:57 am] candelas : once I made money on
EW, turned blind eye 2 it
[11:57 am] candelas : although it does look
good on daily
[11:58 am] qwert : i thought it looked good
on daily as well but so do alot right now
[11:59 am] candelas : with the hammer
forming on EW, as long as it holds the low
[11:59 am] candelas : true
[11:59 am] candelas : hammer on daily
[12:00 pm] qwert : i think if it holds low i
will get some before close
[12:00 pm] mhaus : ATPG also gave good
trades today
[12:00 pm] candelas : midway of the
hammer
[12:00 pm] candelas : after hammer forms
stock will often drift back midway to
candle,
[12:02 pm] sonorant : It takes so long to
type in a price for a limit order — do any
of you use market orders?
[12:03 pm] mhaus : OAS, ROSE sinking
[12:03 pm] Brent : you can hit the “bid” or
“ask” button on lightspeed and it will
automatically put that price in sonorant
[12:04 pm] stevemld : cree[12:04 pm]
sonorant : Brilliant, thanks Brent
[12:04 pm] candelas : the hammer that was
formed yesterday on EW Qwert[12:04 pm] Brent
: you can also click on the price you want in
the level II and it will put the price in
that way too
[12:05 pm] stevemld : sorry CREE S 35,90
cover half 35.20 out all 34.85
[12:05 pm] qwert : candles exactly
thanks
[12:05 pm] candelas : ok
[12:06 pm] truck : test
[12:06 pm] mhaus : TD Ameritrade won’t let
me short TQQQ or AGQ
[12:06 pm] apple : we see you truck
[12:06 pm] apple : good one, steve
[12:07 pm] sonorant : Thanks Brent
[12:08 pm] truck : TNA getting in a buy
range,,,maybe[12:08 pm] truck : thank you
Apple
[12:09 pm] truck : Thanks Kris
[12:09 pm] stevemld : see u Kris good work
today
[12:09 pm] observer : cc u Kris. Take
care
[12:09 pm] lisas : Thanks Kris!
[12:09 pm] apple : bye K – have a wonderful
evening
[12:16 pm] stevemld : getting time for that
manipulated bounce if we are gonna get one
today
[12:17 pm] stevemld : Hal getting close to
support
[12:21 pm] sonorant : Manipulated bounce?
[12:25 pm] apple : CXO was another good one
L 84.87 out 82.69
[12:26 pm] truck : very good Apple !
[12:26 pm] apple : thx truck
[12:33 pm] apple : still in NAV S 39.43
[12:34 pm] truck : L ,,,, TNA
[12:34 pm] apple : good one truck, now stay
in….
[12:35 pm] apple : maybe you got in a little
too early…
[12:37 pm] apple : out all NAV 38.13
[12:38 pm] apple : got out too early in
CXO…
[12:41 pm] stevemld : my charts slow to load
for several days now any probs for u?
[12:41 pm] stevemld : candelas don’t u use
tradestation?
[12:41 pm] candelas : yes
[12:41 pm] truck : oout TNA ,,plus 1.00
[12:42 pm] candelas : mine just started
today after 1 est[12:42 pm] candelas : I
thought my compute was upset bcuz Im getting
new system
[12:43 pm] stevemld : lol well mine must be
upset because im not
[12:43 pm] candelas : lol[12:44 pm] candelas
: do u leave ur computer on overnight or
reboot every morning
[12:45 pm] stevemld : sleep mode most of the
time but reboot @ least once per week
[12:45 pm] stevemld : one of their techs
told me they have a prob stemming from sim
accts
[12:45 pm] candelas : u should reboot every
morning
[12:45 pm] apple : i turn mine off every
night and only use it for trading…
[12:46 pm] stevemld : me too not even email
on mine
[12:46 pm] candelas : sometimes the orcl
runsX2 if u don’t reboot, so it’s like chart
already loaded b4 u load a chart
[12:47 pm] stevemld : makes sense
[12:48 pm] truck : I left mine on for a long
time,,,really made it slow and not work
well….Now I turn it off…..Still not back
where it should be
[12:48 pm] candelas : yeah I didn’t reboot
mine today
[12:48 pm] apple : GS down, 12 pts from
opening…
[12:49 pm] mhaus : AGQ had a good run from
close yesterday to now
[12:49 pm] candelas : sometimes u can have
programs running in task manager also that ur
not using that can slow u down
[12:49 pm] apple : be good to your
computer…
[12:51 pm] eyes-inthenow : Brent please say
something
[12:51 pm] apple : how are you doing,
eyes?
[12:52 pm] apple : there goes SPY…
[12:54 pm] apple : be patient… look at the
swing it had today
[12:54 pm] eyes-inthenow : nervous I am down
1.30 on TNA
[12:55 pm] eyes-inthenow : that is the one
you are in correct
[12:55 pm] apple : oh, yeah and I am in it
for the long haul…
[12:56 pm] eyes-inthenow : a small or big
position
[12:56 pm] apple : small
[12:57 pm] sonorant : How about a
manipulated dive?
[12:58 pm] lara : volume is lower today than
yesterday
[01:00 pm] sonorant : Ugh — what a way to
end.
[01:00 pm] eyes-inthenow : how many shares
apple
[01:00 pm] Brent : not much to say eyes, on a
swing trade you have to be patient with the
volatility
[01:01 pm] eyes-inthenow : I hear you
brent[01:02 pm] mhaus : Good night all. See
you all tomorrow.
[01:02 pm] eyes-inthenow : 300 shares
[01:02 pm] candelas : I only have .05% of
total portfolio
[01:02 pm] Brent : support is still
yesterday’s low, so that’s why it’s important
to stay small. We are likely going to see
continued volatility in the bottoming
process
[01:02 pm] Brent : If you are getting nervous
than most likely your position is too big
[01:03 pm] rd : see you guys and gals
later.
[01:03 pm] mhaus : eyes, last week I had a
margin call. Later I covered all my losses
and a big chunk.
[01:03 pm] Brent : that’s big for some, small
for others. It’s all relative to your
account size
[01:04 pm] observer : good night Brent,
Traders a good night to all
[01:04 pm] mhaus : You just need to be
patient.
[01:04 pm] candelas : good night all
[01:04 pm] Brent : but ultimately it’s up to
you. You should be trading with a size that’s
comfortable to you
[01:04 pm] apple : eyes I have 400
[01:04 pm] apple : bye observer, bye
candelas
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