[06:07 am] Ed : test
[06:08 am] Ed : good
morning
[06:28 am] Ed : complications as a
result no charts today
[06:30 am] Ed :
will take KORS long 54.60 with strong
vol
[06:31 am] Mitch K: watchign TIF for
top to short soon
[06:31 am] Mitch K:
watching CAR for top to short
[06:32 am]
Mitch K: watching PANL for bottom to
buy
[06:32 am] Mitch K: watching IMGN for
bottom, has more downside first
[06:33 am]
Mitch K: watching RUE for short
[06:34 am]
Mitch K: watching DCI fo rshort
[06:34 am]
Mitch K: CRM turning over
[06:35 am] Mitch
K: watching PSX for top, might take a
while
[06:36 am] Mitch K: watching MPC for
top to short
[06:36 am] Mitch K: ROSG
dumping again today, moniotirng
[06:37 am]
Mitch K: watching VRA for bottom to
buy
[06:38 am] Mitch K: watching GILD for
top to short
[06:38 am] Mitch K: watching
ACTG for top to short, missed first
short
[06:41 am] Mitch K: watching SSYS
for bottom to buy
[06:42 am] Mitch K:
moniotiring SIMO and STX for bottom, not
related
[06:44 am] Mitch K: still watching
DCI
[06:44 am] Mitch K: watching CROX
drop; i like shorting CROX more than
buying
[06:45 am] Mitch K: watching CRM
for short
[06:46 am] Mitch K: consider
covering MPC short and watch for 2nd
heping
[06:46 am] Mitch K: watching NKE
for bottom to buy
[06:46 am] Mitch K:
watching RAX for top to short
[06:47 am]
Mitch K: consider selling VRA
[06:47 am]
Mitch K: watching ADSK drop, slow
mover
[06:48 am] Mitch K: moniotoring UNP
drop, take time
[06:48 am] Mitch K:
watching INVN for bottom
[06:49 am] Mitch
K: consider covering PSX short
[06:49 am]
Mitch K: watching COH for bottom to
buy
[06:51 am] Ed : SPY new lod
[06:52
am] Mitch K: watching CLF for
bottom
[06:53 am] Mitch K: monitoirng
housing stocks DHI, TOL, PHM
[06:59 am]
Mitch K: watching AKRX for top to
short
[07:00 am] Mitch K: consider selling
STX
[07:00 am] Mitch K: consider covering
RAX short
[07:01 am] Mitch K: watching STX
for short soon
[07:03 am] Mitch K: still
watching MPC for 2nd helping short
[07:04
am] Mitch K: watching LULU for top to
short
[07:07 am] Ed : more selling in
SPY
[07:07 am] Mitch K: consider selling
ADSK
[07:17 am] Mitch K: PANL bounce still
strong
[07:17 am] Mitch K: you should be
out of ROSG long,
[07:21 am] Ed : bounce
weak is SPY so far
[07:25 am] Mitch K:
watching MNST
[07:30 am] Mitch K: watching
both cruise lines, CCL, RCL
[07:34 am]
Mitch K: consider selling MNST
[07:35 am]
Mitch K: watching NSM
[07:35 am] Ed :
monitoring NSM
[07:42 am] Ed : if u took
NSM long would reduce
[07:46 am] Ed :
monitoring INFA for potential short, no
hurry
[07:47 am] Ed : would like a move
into the 33ish area
[07:56 am] Mitch K:
consider selling NSM soon
[07:56 am] Ed :
more selling in SPY
[08:05 am] Ed : nice
bounce in SPY
[08:17 am] Ed : SPY new
hod
[08:42 am] Ed : nevermind too
thin
[08:42 am] Ed : monitoring EVEP for
potential short
[09:25 am] Mitch K: the
chart patterns are developing but with little
profit potential
[09:25 am] Mitch K: this
is looking like the slowest week of the
year
[09:35 am] Ed : monitoring
CTRX
[09:36 am] Ed : monitoring for
potential bounce long
[09:46 am] Ed : if u
took CTRX long would reduce
[09:54 am]
Mitch K: look for short on top of this bounce
of CTRX
[09:54 am] Mitch K: sell signal on
CTRX
[09:55 am] Mitch K: good one
eddie
[10:41 am] Ed : gettngt some selling
in markets
[10:47 am] Mitch K: monitoring
DCI
[11:13 am] Mitch K: consider selling
DCI if long
[11:18 am] Ed : selling in
SPY
[11:35 am] Mitch K: keep tracking
CTRX, jus gave a good long thats is over
now. also good to follow
through with stocks like DCI that had a
bounce, went sideways and then up
again
[11:36 am] Mitch K: definitely very
slow today, even futures, forex, real
slow
[11:37 am] Mitch K: besides those
two, I dont really have any friends
[11:37
am] Mitch K: a short on the EUR-JPYen trade
was over 2 hours hold time and a short on
EURUSDollar is still open from 5 hours
ago. i think the mindset should be to
feel grateful to get much profit on anything
and not try to force trades, not enough
volume and volatility, which is a trader’s
best friends
[12:13 pm] Ed : getting some
selling in SPY
[12:21 pm] Ed : more
selling in SPY
[12:45 pm] Ed :
TRMB
[12:51 pm] Ed : passing on TRMB due
to time
[12:56 pm] Ed : SPY new
lod
[12:58 pm] Ed : have a great evening
traders
[01:01 pm] Mitch K: and
boys
[01:01 pm] Mitch K: later
girls
| [06:07 am] qwert : GM ED
[06:07 am]
khall : good morning all
[06:07 am]
lisas : gm all
[06:07 am] doji
: Good morning Ed
[06:10 am]
skydiver : gm all
[06:11 am]
joeytsa : Good morning Ed,
everyone
[06:12 am] joeytsa :
CRUS,MLNX,IMGN,DTG,TIF,HTZ
[06:13 am]
joeytsa : gap down: IDIX
[06:13 am]
skydiver : thnx joey
[06:13 am]
joeytsa : AAPL and GOOG with moves
too
[06:14 am] joeytsa : watching ES
range 1410-1416
[06:15 am] khall :
PANL also down
[06:15 am] doji : Hi
Joey, APPL will be very active
today
[06:15 am] joeytsa : yeah,
should move, low vol right now
[06:18 am]
doji : GOOG down on APPL’s court
win
[06:18 am] joeytsa : something
to do with samsung
[06:19 am] doji :
Yeah
[06:19 am] doji : Oil
dropping
[06:19 am] shark : gm
everyone
[06:20 am] joeytsa : hey
shark
[06:20 am] qwert : Good
morning everyone BBY moving
[06:20
am] shark : founder “can” work with
investors to poss takeover co. BBY
[06:21
am] qwert : thx shark
[06:21 am]
shark : TIF missed on earnings, guided
down and UP pre 5%
[06:21 am] shark
: look to short at top -TIF
[06:22 am]
khall : thanks shark
[06:22 am]
lisas : thanks shark
[06:23 am]
joeytsa : maybe its up because it had a
slight selloff last week?
[06:24 am]
doji : Thanks Shark
[06:24 am]
doji : Have previous 15d15min chart
vpivot at 61.16 as support
[06:24 am]
victor51 : good morning all
[06:24
am] joeytsa : technical bounce off the
ma?
[06:24 am] doji : and 63 as
resistance at the 200dMA
[06:25 am]
shark : yup
[06:25 am] mikewd2 -:
good morning traders
[06:25 am]
joeytsa : no trifectas today mike
haha
[06:25 am] mikewd2 -: nope
[06:25
am] mikewd2 -: just blackjack and craps for
me
[06:25 am] joeytsa :
nice
[06:26 am] mikewd2 -: need to make
back that horse racing money this morning –
LOL
[06:26 am] joeytsa : i played 1
del mar race and 2 mountaineer after you
left
[06:28 am] shark : GOOG still
sinking -pre
[06:28 am] shark : vol
light
[06:29 am] joeytsa : vol light
on the ES rigth now too
[06:30 am] mikewd2
-: will be watching TZA with any weakness in
market
[06:31 am] joeytsa : CAR
another one in that industry moving
[06:31
am] shark : KORS -watching for poss
top
[06:32 am] shark : testing at R1
res
[06:32 am] shark : been strong
lately
[06:33 am] mikewd2 -: TSO S
39.95
[06:33 am] mikewd2 -: stop a bit
over 40
[06:34 am] doji : Watch out
TOS Mike
[06:34 am] joeytsa : VRA
pulling back
[06:34 am] skydiver :
monitoring CF – missed the drop
[06:34 am]
mikewd2 -: yeah doji, VLO strong
too
[06:35 am] mikewd2 -: CJES back to
20
[06:36 am] Ed : hey guys having issues
with charts so none right now
[06:36 am]
doji : I’d like TIF near 63 for
short
[06:36 am] joeytsa : no prob
Ed
[06:36 am] shark : ok,
Ed.
[06:36 am] skydiver : thnx for
info Ed – no problem for me as well
:O)
[06:36 am] skydiver :
🙂
[06:37 am] shark : GOOG nice move
off bottom
[06:37 am] joeytsa :
watching GILD
[06:37 am] joeytsa :
missed 1st bottom
[06:37 am] shark :
SLV trending higher again today
[06:38 am]
mikewd2 -: bounced right off pivot
joey
[06:38 am] mikewd2 -: VLO turning
over
[06:38 am] doji : PANL still
weak
[06:40 am] joeytsa : ES testing
1410 support
[06:41 am] shark : HCBK
new hod
[06:41 am] shark : TIF
testing vwap
[06:41 am] joeytsa :
HCBK merger news
[06:41 am] shark :
yeah
[06:42 am] doji : MCP
[06:42
am] joeytsa : MTB moving too, merger
with HCBK
[06:43 am] shark : yeah,
both still moving higher too
[06:43 am]
mikewd2 -: CLF looking weakagain
today
[06:44 am] doji : PANL lost
200dMA
[06:45 am] mikewd2 -: WLT weak
today
[06:45 am] shark : SPY at
b/e
[06:45 am] rusty : gm
[06:45
am] rusty : PPHM 1’s
[06:45 am]
joeytsa : ES down about 2pts from
open
[06:45 am] skydiver : all out
of WPI L – thnx Mitch 82.15 –
82.53
[06:46 am] mikewd2 -: stopped on
TZA, 16.8, +0.25
[06:46 am] doji :
SBUX
[06:47 am] shark : AAPL testing
lod area
[06:47 am] mikewd2 -: CLF might
be bottoming at 38
[06:48 am] doji :
APPL still has room to drop Shark
[06:48
am] mikewd2 -: out second try on TSO, in
40.31 pivot out 39.95 pivot
[06:48 am]
mikewd2 -: CLF trying to bounce
[06:49 am]
rusty : Dow Jones Shanghai Index breaks
down to new seven month low
[06:49 am]
joeytsa : TIF has issues in the 62.40
area
[06:49 am] shark : s TIF at
62.35
[06:50 am] rusty : covered
core PPHM +1
[06:52 am] rusty : RHI
radar
[06:52 am] mikewd2 -: yeah headfake
on first bottom for CLF
[06:52 am]
skydiver : yes on head fake on
CLF
[06:53 am] joeytsa : yeah,
touched the 15ma and back down
[06:53 am]
mikewd2 -: going to be a good play at some
point
[06:53 am] shark : daily vol
strong on TIF
[06:54 am] joeytsa :
yeah, caught in a 50cent range
[06:54 am]
mikewd2 -: LVS at a price pivot
[06:54 am]
shark : yeah, holding tight
[06:54
am] mikewd2 -: will it bounce back
up?
[06:54 am] joeytsa : set alerts
both ways..above 62.50 below 61.70?
[06:55
am] skydiver : my CRM alert failed
me
[06:56 am] joeytsa : was she
getting you coffee again 🙂
[06:56 am]
skydiver : 🙂
[06:56 am]
skydiver : those cups of coffee are
getting real expensive
[06:57 am]
doji : SPY lod
[06:57 am] doji
: PANL lod
[06:58 am] doji : LEN
lod
[06:58 am] skydiver : watching
CLF – will try going L on it again
[06:58
am] doji : Shark, TIF still hodlding
62
[06:58 am] shark :
yeah..
[06:59 am] shark : vol
strong
[06:59 am] joeytsa : if it
loses 61.80 then it should make a nice down
move
[07:00 am] joeytsa : NTES
moving, lower vol
[07:01 am] shark :
TIF story on CNBC
[07:01 am] doji :
PANL L 37.05
[07:02 am] doji :
Watching LNKD
[07:02 am] mikewd2 -: is
PANL down on earnings?
[07:03 am]
shark : because of AAPL vs Samsung,
mike
[07:03 am] doji : PANL crushed
by APPL-Samsung ruling Mike
[07:04 am]
mikewd2 -: thanks guys
[07:04 am]
skydiver : monitoring LULU
[07:05
am] skydiver : CLF is not being
friendly
[07:05 am] rusty : sold RHI
+.3
[07:06 am] joeytsa : lots of
indecisiveness today?
[07:06 am]
skydiver : all out of CLF – 37.89
– 37.92
[07:06 am] rusty : vix up
7%
[07:07 am] joeytsa : gumball
trade 🙂
[07:07 am] skydiver :
😉
[07:07 am] joeytsa : enjoy that
coffee haha
[07:07 am] skydiver : it
really really tastes good – I think
[07:07
am] joeytsa : 🙂
[07:08 am]
shark : TIF, back to school sale?
haha
[07:08 am] joeytsa : school
starts today here
[07:08 am] shark :
I hope the A/C works, joey
[07:09 am]
joeytsa : 🙂
[07:09 am] doji :
out 1/4 PANL L
[07:10 am] mikewd2 -:
doesn’t look like much more in panl i’m
afraid
[07:11 am] doji : I am long
PANL @ 37.05 Mike, just trailing
now
[07:11 am] doji : Here she
comes
[07:12 am] doji : out another
1/4
[07:12 am] joeytsa : nice trade
doji
[07:12 am] shark : nice
doji
[07:12 am] mikewd2 -: 38 will be
difficult – nice trade doji
[07:12 am]
joeytsa : COH pulling back to $55
again
[07:13 am] mikewd2 -: HAIN falling a
bit finally
[07:13 am] joeytsa :
just saw that, CLF might try to break
from tight range here
[07:14 am] mikewd2
-: worried CLF might just go test low of
year
[07:14 am] joeytsa : not
playing until a break
[07:15 am] mikewd2
-: Panl broke 38
[07:15 am] doji :
Yes
[07:15 am] mikewd2 -: should have
stuck with doji
[07:15 am] shark :
covered TIF @ 62.03
[07:15 am] shark
: +.32 profit
[07:16 am] joeytsa :
got stuck in the mud
[07:16 am]
shark : hahaha, yeah, sure
did
[07:16 am] doji : TIF has been
consolidating from the open around
62…
[07:16 am] mikewd2 -: SLB near
75
[07:16 am] doji : SLB has been in
a $2 range for almost 2 weeks Mike
[07:16
am] shark : revisit TIF at 61.90 area
or if it hits top of range 62.30ish
[07:17
am] joeytsa : PANL coming into that 50%
retracement area
[07:17 am] mikewd2 -:
yep
[07:18 am] doji : still have 1/2
position in PANL
[07:18 am] shark :
🙂
[07:18 am] mikewd2 -: very good doji,
nice play with the trailing stop
[07:18
am] skydiver : nice one doji on PANL
L
[07:19 am] rusty : nice panic when
PANL fell below 200dma
[07:20 am]
shark : LULU testing hod
[07:20 am]
joeytsa : 1min dbl top there
[07:20
am] doji : another 1/4 PANL S
out
[07:20 am] shark : 😉
[07:20
am] joeytsa : at the previous highline
also
[07:22 am] joeytsa : AMZN
lod
[07:24 am] lisas : Ed sounds
like Yoda
[07:24 am] joeytsa :
haha
[07:24 am] Ed : lol
[07:25 am]
doji : APPL sep 700 calls now worth 10,
up from 6.95 on Friday
[07:27 am]
doji : MNST had the biggest short
volume increse from 7/31 to 8/15
[07:27
am] shark : thx, doji
[07:27 am]
doji : got it short from 60
today
[07:27 am] shark :
:O
[07:27 am] doji : also FB and
FSLR
[07:27 am] shark : you ‘da
man
[07:28 am] joeytsa : how will
the hurricane affect the rigs in the
gulf?
[07:28 am] doji : Sorry, I
thought I posted MNST, sorry fellas, you know
I always post my trades, for good or bad…
hahaha
[07:28 am] shark : MNST 200
day 60.17
[07:30 am] shark : shorts
grabbed TIF at 62.35, right where my alert
was set
[07:30 am] mikewd2 -: CLF just
can’t seem to get back thru that 38.08
pivot
[07:30 am] doji : Yes Shark,
the increase in short volume and the
resistance at 200dMA made the short in MNST
agood risk/reward trade
[07:30 am]
shark : yup
[07:30 am] mikewd2 -:
fyi: not in CLF
[07:31 am] mikewd2 -: must
be the new “all you can drink” for 50 bucks
on the cruise lines
[07:32 am] doji
: Watching SLB
[07:34 am] shark :
there goes TIF
[07:34 am] rusty :
OIH hod
[07:34 am] doji : dropp and
thenpulled back Shark
[07:34 am]
doji : MM flushing stops?
[07:35 am]
shark : big fight b/w buyers/sellers in
this range, neither wants to give it
up
[07:35 am] mikewd2 -: HAIN
hod
[07:36 am] shark : TIF held lod
61.62 -wow
[07:37 am] rusty : PANL
defended by COWEN
[07:37 am] mikewd2 -:
CLF starting to move a bit
[07:37 am]
shark : CRM testing hod area
[07:39
am] rusty : NYSE volume 100M shares –
35% below its three-month average; decliners
lead advancers by 1.1:1
[07:41 am]
rusty : TAMPA — The Republican
National Committee issued a statement today
indicating that due to Hurricane Isaac, the
War on Women would be postponed until
Tuesday
[07:41 am] shark :
haha
[07:41 am] mikewd2 -: GMCR in a down
trend, lower highs, lower lows
[07:42 am]
joeytsa : the DNC is blaming Hurricane
Isaac on Bush 🙂
[07:42 am]
doji : FSLR
[07:42 am] mikewd2 -:
GMCR getting some vol
[07:43 am]
skydiver : wow joey – Bush is more
powerful than I ever knew 🙂
[07:43 am]
doji : Mike, watch NOV, steadealy
moving upwards
[07:43 am] joeytsa :
ES in a 2pt range past hour
[07:43 am]
mikewd2 -: yep, ty doji
[07:47 am]
rusty : TSO come to papaa
[07:47 am]
mikewd2 -: covering TSO short again, 39.68,
+0.32
[07:47 am] doji : 1515min
pivot at 32.64 on INFA Ed
[07:47 am]
mikewd2 -: the stock that keeps on
giving,
[07:47 am] doji :
15d15m
[07:47 am] doji :
chart
[07:48 am] joeytsa : break
time, see you all later 🙂
[07:48 am] Ed :
Im aware
[07:48 am] skydiver : take
care joey
[07:48 am] shark : bye
joey 🙂
[07:49 am] Ed : yea doji Im aware
thats why I like the first move into that
area has better odds of short
working
[07:50 am] doji : Yes, was
just adding the 30c to see where it would
find more buyers
[07:51 am] doji :
above that pivot
[07:51 am] doji :
or so
[07:51 am] qwert : Watching
MLNX
[07:51 am] doji : Trying to
understand the trade before I jump
in…
[07:51 am] Ed : right still
good play, just make sure that vol is
strong and does not drop off
[07:52 am]
doji : I agree, thanks ED
[07:52 am]
Ed : hey doji, like on KORS this am, only had
strong vol on 1bar then dropped
off.
[07:53 am] doji : LEt me see, I
didn;t watch KORS this morning
[07:54 am]
Ed : this is good picture of what u dont want
on breakout KORS @9:31 and then no follow
through after
[07:55 am] doji : Yes,
a nice example
[07:55 am] shark :
🙂
[07:55 am] mikewd2 -: WLT
[07:58 am]
mikewd2 -: NUS moving up from lod
[08:01
am] doji : Fellas, one question. I see
the short volume in FSLR increased in 8.83%
as of 08/15 vs. 08/31. However, as the daily
average volume increased, the days to covere
dropped from 8 to 3 days.
[08:02 am]
doji : In general, should we look at
short volume or days to cover?
[08:02 am]
doji : I have an idea but would like
your input
[08:03 am] doji : It’s
moving now
[08:05 am] mikewd2 -: CLF
slowly moving up
[08:06 am] mikewd2 -:
sky, you still iin CLF>
[08:09 am]
doji : IS the market moving is response
to Israle rates?
[08:11 am] mikewd2 -:
HAIN at interesting price, very close to all
time high
[08:14 am] mikewd2 -: AMGN vol
spike
[08:15 am] mikewd2 -: nice 90 day
chart on AMGN
[08:19 am] doji : Hey
Ed, may I have your input in the question I
posted before? Thanks
[08:22 am] mikewd2
-: doji: NOV still looking good – slow steady
uptrend
[08:23 am] mikewd2 -: looking for
a bounce in TZA, long 16.47
[08:25 am] Ed
: some use it religiously, I rarely look at
it, but no some that do that say never allow
it to influence trading decision. On
flipside thay have used it when they are in a
stock to determine the explosiveness that
stock could have say if short interest is
extremely high and its setting up for
breaklout
[08:26 am] doji : Do you
agree with me that “days to cover” is more
relevant than short volume?
[08:27 am] Ed
: just my opinion but yes I agree
[08:27
am] doji : Thanks Ed, just will monitor
FSLR and othet stocks and see what the trend
is… just to expand my market
knowledge
[08:28 am] gregs : hey
doji, where do you get that kind of
infO/
[08:29 am] rusty : they go
hand in hand doji
[08:29 am] rusty :
days to cover is based on volume
[08:29
am] doji : I got that from NQSDAQ
Rusty
[08:30 am] doji : If you see
FSLR, the short volume increased but the day
to cover dropped
[08:30 am] doji :
as the daily volume increased
[08:30 am]
doji : just curious to know
[08:30
am] rusty : it dropped because the
volume increased
[08:30 am] rusty :
most likely
[08:30 am] doji : Yes,
that is what I said
[08:30 am] doji
: tahnks for your input
[08:30 am]
rusty : then y u asking
[08:31 am]
rusty : lol
[08:31 am] Ed : he is
testing us
[08:31 am] rusty :
lol
[08:32 am] Ed : doji tries to act
modest but u know he is an opec minister and
has 5 castles
[08:32 am] qwert :
hahaha
[08:32 am] doji : hahah and 5
wives to support
[08:32 am] Ed :
lol
[08:33 am] doji : Hey Ed, was
looking at Calhoun’s Trade Mapping Course…
I like the content
[08:35 am] mikewd2 -:
i’m thinking about that course also
doji
[08:35 am] Ed : its some great stuff,
u will adapt ur style to it as well
[08:37
am] rusty : what’s his style?
[08:37
am] mikewd2 -: winging it
[08:38 am] Ed :
wash and rinse
[08:38 am] rusty :
lol
[08:39 am] mikewd2 -: my TS alerts
seemed delayed
[08:39 am] joeytsa :
AGQ hod
[08:40 am] joeytsa :
beautiful 4 pt move on the ES on that range
breakout
[08:41 am] mikewd2 -: you trading
the ES joey?
[08:41 am] joeytsa : no
i was gone when it made the move
[08:41
am] joeytsa : maybe on a break above
1414 or below 1412
[08:42 am]
joeytsa : IOC having a nice
day
[08:43 am] joeytsa : IOC already
with 2 breakouts, trading at hod
[08:48
am] qwert : watching LLY
[08:49 am]
mikewd2 -: HAIN bounced off that hod, down
over a buck
[08:55 am] rusty : TSO
lod
[09:05 am] qwert : PANL still
movin up
[09:11 am] mikewd2 -: missed the
re-entry on TSO at 39.8
[09:21 am]
doji : Rusty, are you short swinging
TSO?
[09:23 am] mikewd2 -: doji: he has
been, I was but closed and have been day
trading the shorts on TSO
[09:24 am]
mikewd2 -: was planning on short each of the
bounces today – but missed the last
bounce
[09:25 am] mikewd2 -: out TZA 16.70
in 16.46
[09:26 am] mikewd2 -:
EXPE
[09:32 am] doji : Thanks
Mike
[09:38 am] qwert :
IDIX
[09:39 am] qwert : IDIX
alert
[09:44 am] murano :
GGP
[09:44 am] mikewd2 -: VVUS
hod
[09:49 am] joeytsa : VRTX
dropping
[09:49 am] joeytsa : might
not turn into much
[09:50 am] rusty
: Adam Feuerstein? @adamfeuerstein
BioMedTracker makes bearish $VRTX
call:
[09:50 am] joeytsa : thanks
rusty
[09:51 am] joeytsa : martin
weiss webinar on wednesday ” america on the
brink: the great fiscal cliff of
2012-2013″
[09:52 am] doji : Hey Ed,
I just got a call from Ian… the guy speaks
like a Robot…. hahaha
[09:52 am] Ed :
lol
[09:52 am] mikewd2 -: you set up now
doji on TS>?
[09:53 am] doji
: No, I am still on the application
process
[09:53 am] doji : Ian
offered me a couple of applications free for
life
[09:53 am] Ed : nice
[09:54 am]
mikewd2 -: not very high vol, mitch
[09:54
am] rusty : how long u planning on
living?
[09:54 am] lisas : which
ones Doji?
[09:55 am] joeytsa :
commissions haha
[09:56 am] doji : I
think one is a scan; don’t remember the
second one
[09:57 am] mikewd2 -: yeah, the
free commissions for life is the best one to
get
[09:57 am] lisas : probably
radar scan, good to have
[09:58 am]
mikewd2 -: radarscreen good – just starting
to use it more
[09:58 am] joeytsa :
mike: with rigs being shut down, oil price
goes up?
[09:59 am] mikewd2 -:
yep
[09:59 am] mikewd2 -: and they shut
down refineries along coast –
[09:59 am]
joeytsa : right
[09:59 am]
joeytsa : tighten VRTX if you took it
long
[09:59 am] mikewd2 -: well CRTX short
didn’t work
[10:00 am] mikewd2 -: was that
a ligtning call – Mitch
[10:00 am] mikewd2
-: 0/6 on them
[10:00 am] doji :
Keep in mind that we have an excess in oil
inventory
[10:00 am] doji : rigs
will shut down for few days, not
weeks
[10:00 am] doji : atht should
affect too much
[10:01 am] mikewd2 -: that
will end very quickly when the iran/israel
war starts
[10:01 am] doji : oil
services co. should be the most
affected
[10:01 am] mikewd2 -: might get
into some rain as i leave louisanna
tomrw
[10:01 am] doji : Mike’s the
foreign affairs secretary…. hahha
[10:02
am] joeytsa : i didnt know you were
still in Lousiana
[10:02 am] mikewd2 -:
yeah, normally stay 2 nights – 1 day horses 1
day gambling
[10:02 am] joeytsa :
gotya..yesterday was a blast
[10:04 am]
rusty : NTE radar
[10:05 am] mikewd2
-: yeah, could have been if i had that 50 in
my tri-box
[10:05 am] mikewd2 -:
50:1
[10:06 am] joeytsa : yeah..i
missed one at canterbury that was
30-1
[10:06 am] mikewd2 -: like you said
that horse had nothing going for it other
than decent jockey
[10:07 am] qwert
: THX for ggp murano
[10:07 am] mikewd2 -:
GGP was nice, tried the long and missed, then
missed the short
[10:07 am] mikewd2 -:
couple pennies
[10:08 am] Ed : nice
murano
[10:13 am] mikewd2 -: WHR
[10:15
am] mikewd2 -: out WHR 74.24 +0,50
[10:16
am] joeytsa : nice one
[10:16 am]
mikewd2 -: probably sold to early, but went
to the PP
[10:16 am] joeytsa : nice
easy target
[10:17 am] mikewd2 -: yeah
bounced of the support pivot
[10:17 am] Ed
: nice Mr. Mike
[10:17 am] mikewd2 -: GGP
moving back up
[10:19 am] mikewd2 -: dang
had a standing short at 20.25 on GGP, hit the
price but i didnt get the trade
[10:19 am]
Ed : makes it hard trading 1million shares at
a time Im sure Mike
[10:20 am] mikewd2 -:
yeah, but you would think 100k of them would
trade – haha
[10:20 am] joeytsa :
haha
[10:20 am] Ed : lol
[10:21 am]
mikewd2 -: well time to hit the casino’s,
thanks for the calls today
[10:21 am]
joeytsa : have fun mike
[10:22 am]
joeytsa : any simulcasting going
on?
[10:22 am] Ed : c ya mike
[10:58
am] qwert : Ed did you trade
DCI
[10:59 am] Ed : no, lunching nice
setup though
[10:59 am] qwert : I
passed because i thought volume was to low
but love the pattern
[11:09 am]
rusty :
http://carscoop.blogspot.com/2012/08/woman-ki
a-sorento-gas-pedal-gets-stuck.html
[11:09
am] rusty : never understand
this
[11:12 am] victor51 : Thanks
Mitch and Eddy for CTRX S +.60
[11:17 am]
Ed : nice trading victor
[11:18 am]
victor51 : Thanks Mitch DCI long
@36.20, out +.26
[11:37 am] joeytsa
: agreed
[11:38 am] shark : nice,
Mitch
[11:38 am] joeytsa : going to
be like this all week
[11:39 am]
joeytsa : unless some crazy
news
[11:59 am] joeytsa : VMW with
50cent moves here and there
[12:00 pm]
qwert : HTZ new lod
[12:00 pm]
joeytsa : haha
[12:00 pm]
shark : lol
[12:01 pm] qwert :
exactly
[12:01 pm] shark :
s
[12:02 pm] shark : NGVC had a nice
breakout on vol today
[12:05 pm]
victor51 : Looks like DCI short worked
again Entered short @36.70 and
got out +.42 Thanks Mitch
[12:05 pm]
shark : nice, Victor
[12:06 pm]
joeytsa : nice trading victor
[12:06
pm] shark : anyone get the MNST bottom
@10:29am?
[12:06 pm] Mitch K: nice one
victor
[12:07 pm] joeytsa : 1st day
of school and already a
shooting..baltimore
[12:07 pm] Ed : nice
victor
[12:08 pm] victor51 : I used
OCO with two limits and it helped me to get
out with 1.2%
[12:10 pm] shark :
unusual option activity
[12:10 pm]
shark : OCR Sep 31 calls (volume: 2530,
open int: 0, implied vol: ~24%, prev day
implied vol: 22%) — the majority of today’s
volume occurred in single transaction (~2.2K
contracts traded at 1.35 with 1.25/1.40
bid/ask spread).
[12:12 pm] joeytsa
: OCR in 60cent range today
[12:12 pm]
shark : JWN Sep 57.5 calls are seeing
interest ahead of August sales this Thursday
Aug 30 before the open and following luxury
retail related peer TIF earnings before the
open (volume: 3130, open int: 5700,
implied vol: ~25%, prev day implied vol: 24%)
— 3K contracts traded at 1.75 with 1.69/1.77
bid/ask spread
[12:12 pm] joeytsa :
hmmm
[12:12 pm] shark :
yeahhh
[12:14 pm] shark : KORS dbl
bottom
[12:14 pm] skydiver :
monitoring JOY – just jumped on for a short
bit — catching up on market
[12:14 pm]
shark : late in day, now
[12:15 pm]
joeytsa : you didnt miss much
[12:15
pm] skydiver : looks like it
joey
[12:15 pm] skydiver : must be
August
[12:15 pm] shark : monitoring
GLD, drop
[12:16 pm] shark : SLV
sell vol heavy here
[12:17 pm] shark
: SLV closing morning gap up
[12:17 pm]
skydiver : boy is JOY moving up slowly
or what
[12:18 pm] joeytsa : great
week to take a vacation
[12:18 pm]
skydiver : glad the spread on JOY was
only one penny
[12:19 pm] shark :
haha, yeah, joey
[12:26 pm] joeytsa
: TIF actually held up nice on that
earnings/gap up
[12:29 pm] lisas :
Taking off all, have a great nite
[12:29
pm] joeytsa : bye llisa, dont blame
you
[12:30 pm] Ed : c ya lisa
[12:31
pm] shark : it sure did, joey –
TIF
[12:32 pm] shark : broker over
200day ma TIF
[12:32 pm] shark :
check out 3/20 gap up move over 200
day
[12:33 pm] joeytsa : looks
strong based on today
[12:33 pm]
shark : on hi vol.
[12:33 pm]
shark : it has a history of popping,
and then pulling back big (like 3/20,
10/27)
[12:35 pm] joeytsa : i see
that
[12:35 pm] shark : 🙂
[12:44
pm] joeytsa : MGLN spike
[12:45 pm]
joeytsa : about 60cents
[12:51 pm]
joeytsa : i did the same with
MGLN
[12:51 pm] skydiver : Okay –
I’m gone – don’t want to mess up — broke
even on JOY L earlier, but passing on TRMB as
well . . .
[12:52 pm] joeytsa :
Thanks Mitch, Ed, everyone..have a great day,
see you all tomorrow
[12:52 pm]
skydiver : thnx all and see you in the
morning
[12:52 pm] skydiver : take
care joey
[12:52 pm] shark : Trimble
Navigation to acquire TMW Systems for $335
mln cash
[12:52 pm] Ed : c ya
joey
[12:52 pm] skydiver : thnx
shark
[12:52 pm] shark : bye
joey
[12:52 pm] skydiver : I’m gone
🙂
[12:52 pm] shark : c ya
sky
[12:55 pm] shark : CLF new
lod
[12:58 pm] victor51 : Bye Mitch,
Ed, Joey .Shark …
[12:58 pm]
qwert : Bye everybody
[12:58 pm]
shark : Thx Ed, Mitch,
everyone!
[12:58 pm] khall : night
everyone – see you tomorrow
[12:59 pm]
shark : CMG quick vol drop
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