[06:29 am] Ed : the range is kind of small
this am in premarket, would use lighter size
on positions see if we can get larger
move [06:30 am] Mitch K: watching NFLX for
bottom [06:30 am] Mitch K: watching ABT
for bogttom [06:30 am] Mitch K: watching
PROJ for top [06:31 am] Mitch K: watching
TSCO for top [06:31 am] Mitch K: watching
MPWR for bottom [06:32 am] Mitch K:
watching MYGN for bottom [06:32 am] Mitch
K: watching QCOM for bottom [06:32 am]
Mitch K: watching VRX for multiple trades
today [06:34 am] Mitch K: watching NE for
bottom [06:34 am] Mitch K: watching EMR
for bottom [06:35 am] Mitch K: watching
SOHU for bottom [06:35 am] Mitch K:
watching VAR for bottom to buy [06:35 am]
Mitch K: watching CLF for bottom [06:35
am] Mitch K: watching FSLR for
bottom [06:38 am] Mitch K: watching SWI
for top [06:38 am] Mitch K: watching JBL
for bottom [06:39 am] Mitch K: watching
MDVN for top to short [06:40 am] Mitch K:
more downside on QCOR [06:40 am] Ed :
monitor VRX @ near 60 level [06:41 am]
Mitch K: watchign BVN for bottom [06:41
am] Ed : AMZN tryn to breakout [06:42 am]
Mitch K: watching APH for bottom, take
awhile [06:43 am] Ed : SPY trading at
lod [06:45 am] Mitch K: watching ETN for
bottom [06:46 am] Mitch K: watching DG for
bottom [06:46 am] Mitch K: watching ROVI
for top, take more time [06:47 am] Mitch
K: NFLX bottoming [06:50 am] Mitch K:
sorry [06:50 am] Mitch K: cnc [06:50
am] Mitch K: watching FSLR for
bottom [06:51 am] Mitch K: sell
MYGN [06:52 am] Mitch K: watchign ISIS for
top [06:54 am] Ed : VRX turned over
nicely [06:54 am] Mitch K: AIG
toppy [06:56 am] Ed : if u shorted VRX
would cover some here [06:58 am] Ed :
cover more VRX short here [07:00 am] Ed :
if u still have piece of VRX would
trail [07:02 am] Ed : out all VRX
short [07:08 am] Ed : SPY new
lod [07:10 am] Ed : nice drop in
SPY [07:12 am] Ed : SPY lower
lows [07:16 am] Ed : getting bounce in
SPY [07:22 am] Ed : bounce in SPY still
kind of weak [07:29 am] Ed : SPY still
trading near lod [07:30 am] Ed : SPY new
lod [07:33 am] Ed : MDVN very strong
against markets [07:33 am] Ed : if u took
NFLX long would reduce [07:37 am] Ed : SPY
tring to bounce [07:42 am] Mitch K:
watching for top in NFLX to sell
long [07:48 am] Mitch K: sell signal on
NFLX [07:56 am] Ed : SPY new lod [08:00
am] Mitch K: ETN bouncing [08:11 am] Ed :
TIF tryn to bottom, I would like more selling
for setup [08:15 am] Ed : if u were able
to take TIF long would reduce some
here [08:30 am] Ed : ISIS still
strong [08:43 am] Ed : AAPL won
$625million verdict that was an
appeal [08:44 am] Ed : JB< still in
downtrend [08:59 am] Mitch K: buy signal
on JBL [08:59 am] Ed : early signal on
JBL [09:01 am] Mitch K: i am showing ETN
because should be out of yoru long [09:01
am] Mitch K: ETN on right [09:01 am] Mitch
K: JBL chart on left [09:02 am] Mitch K:
use common sense even with systems. JBL
looks weak to me so far, real weak [09:04
am] Mitch K: now you see a sell signal, thats
equivalent of a stop [09:05 am] Mitch K:
ed i didnt get a buy signal on JBL because i
did not have that chart up. can only
get a signal alert if chart is up of specific
instrument. [09:06 am] Mitch K: we got
that version working this weekend on an
earlier signal. i emailed some of you
guys late last night, i saw some emails didnt
get delivered until this morning, [09:07
am] Mitch K: NFLX chart on left [09:08 am]
Mitch K: natural gas really moving around
well. chart on left [09:08 am] Mitch
K: on left [09:08 am] Mitch K:
Euro-USD [09:09 am] Mitch K: lisas, i
emailed you yesterday to go in room, you like
this? [09:10 am] Mitch K: this sell signal
right here is 1 candle sooner than older
version [09:11 am] Mitch K: probably in
your spam folder [09:12 am] Mitch K: this
is JBL on left [09:15 am] Mitch K: i had a
setting on it mike that was to show a
real-time signal that can come and go on
occasion. it is super sensitive and
wont be the setting you will get. [09:17
am] Mitch K: this super sensitive setting is
for my own use to observe how it is
acting [09:20 am] Mitch K: i dont like
taking a signal on first reversal color
candle [09:20 am] Mitch K: the very
earliest sell signals is a red candle but i
dont take a signal on that first red
candle [09:22 am] Mitch K: on right
chart [09:22 am] Mitch K: there is your
TIF trade chingo [09:28 am] Mitch K: you
guys still long JBL? i wouldnt buy now,
i was just curious if anyone still
long [09:31 am] Mitch K: turned into a
sell signal [09:32 am] Mitch K: it takes
several weeks to get used to it. took
me 3 weeks before i was comfortable using it
with money [09:32 am] Mitch K: well lisa,
what this does is allow you to handle a lot
of open positions without having to stress
out and watch them all at same time [09:34
am] Mitch K: here is STX from earlier, a
short [09:34 am] Mitch K: just remember it
is consistency that this helps you out, and
allows you to increase your work load, which
results in more profits. yes you can
get better signals manually occasionally but
not all day, everyday, you probalby wont
outperform LIghtning and for sure you wont be
able to handle as many positions [09:35
am] Mitch K: this is 2 min JBL, no sell
signals. the longer the time frame the
fewer the trades, [09:35 am] Mitch K:
sorry about that, i was looking for something
else, [09:36 am] Mitch K: fewer the
signals i mean, not quite as precise of
entry price and exit price but keeps you in a
trade longer [09:37 am] Mitch K: yes
khall, thats what i do, execute on a 1 min
and monitor stocks on a 2 min [09:37 am]
Mitch K: it will calm you down a lot so you
can see what to do. you wont be as
hyperactive or stressed [09:38 am] Mitch
K: this alert window is only going to show
you what charts you have open but as i
mentioned to skydiver on Friday that he wont
perform well with 40 charts open because the
alert window will be generating sounds
constantly with that many charts. [09:39
am] Mitch K: what i would do, what i suggest
is start by monitoring 3 charts. use a
simulator, dont use real money at first until
you are confident and comfortable how to use
the tool [09:40 am] Mitch K: i really want
you guys to make a lot more money, thats my
number one goal. as well as make your
life easier while trading. i know how
stressful trading can be [09:42 am] Mitch
K: ok see now we got a signal [09:42 am]
Mitch K: form = formal [09:42 am] Mitch K:
i personally dont like hanging around for
last 12 minutes a stock isnt going anywhere,
well except sideways with a slight bias to
the downside [09:42 am] Mitch K: even
though no form signal has arrived [09:42
am] Mitch K: just fyi, the way i see JBL now
is a sell [09:43 am] Mitch K: now here is
what your tendency will be when you use
this. You won’t trust the
signal [09:44 am] Mitch K: the way to
build trust with this or anythign else is to
look at a lot of charts. Use the big
movers that we go after every single morning
in the first hour. then track the few
that keep moving, like that VRX or ones that
had mulltiple point moves and bigger
percentage moves [09:46 am] Mitch K: im
not asking you to take leap of faith because
i like it, you want to verify, study and
confirm that it is doing the right
thing [09:48 am] Mitch K: remember the
chart that makes you homeless if you trade
it? don’t post this kind of
stuff. otherwise, everyone will ignore
your posts, just post the big
movers. [09:48 am] Mitch K: i mean signals
posted by you on what you are looking
at [09:48 am] Mitch K: what i would
further like to do with this Trading Room is
see more good signals posted on stocks that
you are looking at that are big movers.
example, i wasnt watching JBL while Ed was
and i didnt get a signal. [09:49 am] Mitch
K: i ask you guys to become a team with
this. and we all will be better off but
if you are staring at a chart like this
in blue circle, dont post this. its
going sideways, [09:49 am] Mitch K:
garbage [09:50 am] Mitch K: are you guys
up for that? i mean do you like the
concept of a cumulative group scanner of
highest quality trade ideas? [09:51 am]
Mitch K: For exanpea EUrUSD signal came up 2
bars ago, [09:51 am] Mitch K: you will
have to balance your workload with the
postings but as a group, we will make a lot
more money. Just do what you can
do [09:52 am] Mitch K: tends to be a
slower mover but good trends [09:53 am]
Mitch K: mike, i just got the new version
finished Saturday night. that was a
gift to get that so soon, must test more but
like what im seeing so far [09:56 am]
Mitch K: thats QCOR on left [09:57 am]
Mitch K: just under 3% [10:00 am] Ed :
AMRN patent approval [10:01 am] Ed : just
mentioning [10:06 am] Mitch K: watching
TIF for microtrade short [10:25 am] Ed :
SPY tring to work oup right side of base on
1min [11:09 am] Ed : getting bounce in
SPY [11:21 am] Ed : SPY new hod [11:33
am] Ed : higher high in SPY [11:48 am]
Mitch K: watching for microtrade short on
TIF, [11:49 am] Mitch K: look at TNA
chart, [12:10 pm] Ed : nice uptrend on
it [12:10 pm] Ed : REGN on move, just
monitoring right now [12:27 pm] Ed : SINA
still strong so far as well [12:28 pm] Ed
: AVY alert [12:42 pm] Ed : nice pullback
inSPY [12:56 pm] Ed : keep SINA on radar
2morrow see if we get continuaition [12:59
pm] Ed : have a great evening
traders [01:08 pm] Mitch K: later
guys
| [06:17 am] shark : nice Ed [06:18
am] Ed : But key for all, once u get really
good at stocks, u can apply ur same system to
any other instrument that the beauty of our
biz [06:18 am] mikewd2 -: who you trade
futures thru, Ed – TS? [06:18 am] Ed :
AMP [06:18 am] joeytsa : right
Ed [06:18 am] mikewd2 -: gotya [06:19
am] doji : AMP? [06:20 am] Ed : AMP
clearing global clearing [06:22 am]
doji : Why not TS Ed? [06:23 am] Ed
: I wanted someone that had the
infrastructure in place, not on developing
end [06:23 am] Ed : like
specialist [06:23 am] lisas : With
futures, you also want to be able to reach
your broker by phone quickly [06:24 am]
doji : so AMP is a specialist in
futures? [06:24 am] Ed : yes [06:24 am]
doji : do they provide charting
also? [06:25 am] qwert : Is amp a
competitor of zaner [06:25 am] Ed :
yes [06:25 am] Ed : zaner is good
also [06:26 am] doji : Yes I used
Zaner too. thanks Ed! [06:27 am] Ed : yea
zaner is great, the difference is u can open
AMP acct with 500 [06:27 am] Ed : i think
zaner is 2k [06:27 am] skydiver : gm
all [06:27 am] lisas : gm
sky [06:27 am] shark : hi
sky [06:28 am] skydiver : hey lisa,
shark 🙂 *** austria -, Welcome to the
TradeStocksAmerica Live Trading
Room [06:29 am] shark : any big
info/data today, joey? [06:30 am] mikewd2
-: he posted some above [06:30 am]
doji : NFLX [06:30 am] shark :
thx, mike [06:30 am] joeytsa : a few
at 7pdt [06:30 am] doji : $1 profit
wow… [06:30 am] mikewd2 -:
NFLX [06:32 am] doji : Watching
SBUX [06:32 am] doji : Nice on WLT,
thanks Mike [06:32 am] shark : die,
NFLX, di [06:33 am] doji : die WLT
die [06:33 am] shark : 😉 [06:33
am] joeytsa : BIDU trying to break
out [06:34 am] doji : Watcing 31.33
in WLT as support [06:34 am] mikewd2 -:
FSLR [06:34 am] doji :
AAPL [06:34 am] joeytsa : QCOR
moving up [06:35 am] doji :
PCLN [06:36 am] doji : $3
candle [06:36 am] mikewd2 -: Ford August
sales up 12.6% [06:37 am] joeytsa :
mike, is that up from july or up from last
august? [06:37 am] doji :
LNKD [06:37 am] mikewd2 -: versus 9.8%
est., not sure [06:38 am] joeytsa :
oh ok [06:38 am] mikewd2 -: not sure if
that is month to month or what [06:38 am]
mikewd2 -: sorry [06:38 am] doji :
MCP [06:38 am] joeytsa : no prob
just wondered [06:38 am] mikewd2 -: WLT L
31.46 [06:38 am] mikewd2 -: stop below
31.30 [06:38 am] eyes : S fslr 19.57
out 1/2 .37 1/4 .18 . [06:39 am]
joeytsa : VRX testing res [06:40 am]
joeytsa : ES trying to hold lod
area [06:41 am] shark : watching
NFLX [06:41 am] shark : down
9% [06:41 am] chinhngo : bought arna
at 9.00 [06:43 am] shark : GOOG
drop [06:43 am] mikewd2 -: CLF still weak
on daily [06:44 am] shark : VRX
toppy [06:45 am] joeytsa : MLNX
pulled back nice [06:45 am] shark :
NFLX trying for bounce [06:45 am]
eyes : out last 1/4 18.93
FSLR [06:46 am] shark : TIF broke
8/27 gap up low [06:47 am] mikewd2 -: nice
eyes [06:50 am] mikewd2 -: CJES [06:51
am] shark : NFLX long 53.75 [06:51
am] doji : still loosk weak
Shark [06:51 am] shark :
yeah [06:52 am] rusty : AIG
radar [06:55 am] mikewd2 -: YOKU [06:57
am] mikewd2 -: stopped on WLT long [06:58
am] chinhngo : bought wlt at
31.35 [06:58 am] shark : NFLX all
out 54.30 [06:58 am] mikewd2 -: i bought
too early chinhngo, nice entry [06:58 am]
mikewd2 -: but is now at yearly lows, could
breakdown [06:59 am] joeytsa : yeah
mike, only a nice entry if it goes up
🙂 [06:59 am] mikewd2 -: still
weak [06:59 am] mikewd2 -: becareful
chinhngo [07:00 am] joeytsa : shark:
NFLX still fighting for you 🙂 [07:00 am]
shark : out at 54.30, joey [07:00
am] joeytsa : watching QCOR for a
bottom [07:00 am] joeytsa : oh
ok [07:00 am] shark : +.55
NFLX [07:00 am] joeytsa : quick
pullback on the ES [07:00 am] doji :
Big drop in SPY [07:00 am] joeytsa :
reports coming out [07:01 am] qwert
: ism 49.6 with 50.0 expected [07:01 am]
joeytsa : thx qwert [07:01 am]
shark : LULU broke over
100day [07:02 am] shark : earnings
fri -LULU [07:02 am] joeytsa : 2
other reports coming also [07:02 am]
qwert : vrx awesome [07:02 am]
shark : nice Ed [07:02 am] Ed :
thx [07:03 am] joeytsa : ISM
manufacturing prices 54.0 with 46.4 forecast,
39.5 last [07:04 am] shark :
watching FRAN [07:04 am] chinhngo :
sold fslr at 18.65 thank [07:04 am]
mikewd2 -: FSLR trying to bounce [07:05
am] doji : YEs, I missed it
Mike [07:06 am] eyes : Long STX
32.53 Rev .47 [07:06 am] shark : NOK
-debuts free streaming music
service [07:07 am] rusty : covered
AIG ty for shopping TSA [07:08 am]
rusty : ty for reverse
shopping [07:08 am] mikewd2 -: trying WLT
L again 31.00, stop 30.93 [07:09 am]
doji : ES lost 1400 [07:09 am]
mikewd2 -: done with WLT, haha – should have
stuck with original plan to short on new
lows [07:09 am] doji : still keeping
my full position short in WLT mike [07:09
am] joeytsa : dont try to catch falling
pianos 🙂 [07:09 am] shark :
lol [07:09 am] doji : this is an
elephant Joey [07:10 am] joeytsa :
ES losing 1400 [07:10 am] shark :
nice, doji [07:10 am] doji : and
it’s pregnant! [07:10 am] joeytsa :
haha [07:10 am] rusty : KOL good
indicator for sector [07:10 am]
rusty : not necessarily to trade but
good indicator [07:10 am] mikewd2 -: out
TZA in 16.49 out 16.73 [07:11 am]
doji : Nice Mike [07:11 am]
shark : TIF continued break
down [07:11 am] scalpman : What
happened with the Jobs
report…anyone? [07:11 am] shark :
from 8/27 gap up lod [07:11 am]
shark : TIF [07:11 am] joeytsa
: its on friday [07:11 am] shark :
fri scalp [07:11 am] joeytsa :
shark, did you short FRAN? [07:12 am]
shark : OH Man, missed it [07:12 am]
shark : looked away, joey 🙁 [07:12
am] joeytsa : me too [07:13 am]
scalpman : oh yeah…thanks [07:13
am] doji : Manufacturing data below 50.
means contractyion? [07:13 am] shark
: watching SWI [07:14 am] shark :
NFLX 3x lod retest [07:14 am]
joeytsa : LULU multi-top around
$66 [07:14 am] rusty : AIG
bounce [07:15 am] shark : NFLX 8/3
lod 53.07 [07:15 am] doji : still
long in NFLX shark? [07:15 am] shark
: haha, you missed my post [07:15 am]
shark : sold 54.30 [07:15 am]
shark : +.55 [07:16 am] eyes :
out S STX 32.15 [07:17 am] doji :
NFLX 8/3 lod was 52.81 Shark [07:18 am]
shark : thx, doji. you are
correct. [07:19 am] shark : i
adjusted my alarms [07:19 am] doji :
Watching LEN [07:19 am] doji : take
your time [07:20 am] shark :
🙂 [07:20 am] shark : TIF s still
good [07:21 am] mikewd2 -: rusty: you
playing the VIXs? [07:21 am] mikewd2 -:
VIX up 7.38% [07:22 am] joeytsa :
yeah Ed, ES ran into s3 and stalled, will
watch that area 1399.25 [07:23 am]
shark : JPMorgan FB target lowered from
$45-30 [07:23 am] shark : tighten
stop on TIF if short [07:23 am]
joeytsa : nice one on TIF [07:24 am]
doji : hahah MS is still bullsih in
FB [07:24 am] shark : haha [07:24
am] mikewd2 -: i think they have to be
bullish [07:24 am] joeytsa : only
$18 downside, unlimited upside haha [07:24
am] shark : hmmm [07:25 am]
rusty : @jimcramer: People who
criticize me on $FB are not understanding
that the facts changed and i changed, too. I
got people out that [07:25 am] rusty
: day [07:26 am] shark : 9/20 court
date to hear on AAPL’s dream injunction list
against Samsung [07:27 am] shark :
PCLN breaks below 600 [07:31 am]
joeytsa : market a bit ugly heading
into the DNC [07:31 am] rusty : hope
and change [07:31 am] qwert :
hahaha [07:31 am] shark : forward,
rusty [07:31 am] scalpman : LEN
strong against SPY drop [07:32 am] mikewd2
-: Yes we can – have higher unemployment,
debt [07:32 am] joeytsa : missed
that last NFLX runup [07:32 am]
shark : ouch, me too [07:32 am]
mikewd2 -: stay focused guys [07:32 am]
mikewd2 -: your costing me money!
lol [07:32 am] joeytsa : nice
signal, lower low on pos div [07:33 am]
shark : scan faster, please [07:33
am] joeytsa : haha [07:33 am]
doji : Missed NFLX [07:34 am]
joeytsa : yeah Ed, just made a new 200
day high [07:35 am] Ed : rusty help us
catch it on friday [07:35 am] rusty
: sold balance of SAN long swing +2 [07:36
am] Ed : markets doing the limbo [07:36
am] mikewd2 -: VIX nearing 19 [07:36 am]
joeytsa : ha [07:36 am] mikewd2 -:
Ford was compared to august last
year [07:36 am] joeytsa : thanks
mike [07:36 am] skydiver : NFLX –
nice 🙂 [07:37 am] Ed : sweet pickle
juice [07:37 am] shark : fake out,
break out NFLX [07:38 am] doji :
$%^$^$^$^ NFLX, missed [07:38 am]
doji : shame on me [07:39 am]
shark : almost 4% off bottom [07:39
am] mikewd2 -: didn’t like that lower low on
NFLX, missed bounce also [07:40 am]
doji : moveing in a
straightline [07:40 am] doji : over
the 5MA [07:41 am] shark : NFLX on
CNBC [07:42 am] skydiver : since I’m
still setting up my new system, I am virtual
this morning. So NFLX was sweet for me,
but not real — [07:43 am] doji :
It’s like having sex over the phone [07:43
am] shark : haha [07:43 am]
skydiver : lol doji [07:43 am]
rusty : WLT lod [07:44 am]
chinhngo : bought more
wlt [07:44 am] skydiver : reminder
to self — turn off the automatic update on
windwos 7!!! [07:45 am] mikewd2 -:
analysis saying WLT has enough money to make
it into next year, if steel rebounces WLT
should be strong [07:45 am] mikewd2 -:
rebound = rebounces [07:46 am] mikewd2 -:
hope someone shorted CLF this
morning [07:47 am] mikewd2 -: NFLX might
be turning [07:47 am] shark : NFLX
toppy [07:47 am] shark :
yeah [07:47 am] shark : TIF
bounce [07:49 am] joeytsa : watching
1396 on ES [07:50 am] shark :
watching ARMH [07:52 am] shark :
NFLX at vwap [07:53 am] joeytsa :
breaktime, nice calls, keep ’em coming
🙂 [07:53 am] shark : enjoy
joey [07:54 am] skydiver : take care
joey [07:55 am] chinhngo : sold wft
at 18.74 [07:56 am] mikewd2 -: might run a
bit chinhngo, i went long again
30.47 [07:57 am] shark : nice new
low FB [07:57 am] shark : die, FB,
die [07:57 am] mikewd2 -: watching
LVS [07:57 am] chinhngo : i still
have 3000 wft at lower price try to get some
small profit 200.00 for each trade thank
mikewd2 [07:58 am] chinhngo : sold
wlt at 18.83 [07:58 am] mikewd2 -:
nice [07:59 am] shark : AAPL
lod [08:00 am] shark : chinngo
-18.83 ? what company? [08:01 am]
shark : you mean FB? [08:01 am]
chinhngo : my mistake wlt at 30.83 not
18.83 [08:01 am] shark : gotcha,
thx [08:02 am] doji : HAIN new
hod [08:03 am] victor51 : gm all. No
trading today for me [08:03 am]
chinhngo : bought arna at
8.89 [08:04 am] shark : you have a
doctor’s note, victor? [08:05 am]
shark : TIF new lod [08:06 am]
chinhngo : set sell wlt trailing .20 to
protect profit [08:06 am] mikewd2 -: nice
job chinhngo [08:07 am] shark :
watching TIF vol pick up [08:07 am]
chinhngo : bought tif at
59.69 [08:08 am] qwert : monitoring
TIF [08:09 am] qwert : monitoring
TIF [08:09 am] mikewd2 -: decent bounce in
WLT [08:09 am] qwert : oops didnt
see your guys [08:10 am] mikewd2 -: WLT at
VWAP [08:11 am] shark : SWI pocket
pivot volume today [08:11 am] shark
: new all time high [08:11 am]
scalpman : Got to go early today….I
got 2 for 2…small profits. [08:11 am]
scalpman : Bye… [08:11 am]
shark : nice scalp, bye 🙂 [08:12
am] Ed : nice going c ya scalp [08:12 am]
khall : bye scalp [08:13 am] mikewd2
-: stopped on WLT, nice profit [08:14 am]
mikewd2 -: 2/4 on WLT [08:14 am]
shark : 🙂 nice, mike [08:15 am]
chinhngo : sell tif at 59.88 [08:18
am] shark : wow [08:18 am]
shark : she’s feisty today [08:27
am] chinhngo : bought tif at
59.79 [08:29 am] mikewd2 -: FSLR rising
again [08:35 am] chinhngo : bought
tif at 59.27 [08:37 am] qwert :
monitoring JBL [08:37 am] doji :
FB [08:39 am] chinhngo : sold some
arna at 8.99 [08:40 am] chinhngo :
bought jbl at 21.42 [08:40 am]
joeytsa : low priced SNTS 50cent
spike [08:41 am] joeytsa : lower
normal vol also it looks [08:45 am]
chinhngo : sold tif at 59.60 [08:50
am] chinhngo : bought jbl at
21.15 [08:53 am] Ed : hey chinhngo ur
buying a stock thats still going
down [08:53 am] Ed : it has not bottomed
as of yet [08:53 am] doji :
LEN [08:57 am] chinhngo : thank ed
please signal when you buy i will follow
you [08:58 am] chinhngo : sold tif
at 60.00 [08:58 am] Mitch K: tif [08:58
am] Mitch K: sorry [08:59 am]
chinhngo : bought jbl at 20.8 [09:00
am] lisas : Thanks for alert on JBL
MItch, Ed [09:01 am] Ed : i beat Mitch by
nano sec [09:01 am] lisas : Faster
than lightning Ed! [09:01 am]
chinhngo : bought more jbl at
20.85 [09:01 am] lisas : leave some
for us chinhngo [09:02 am] Ed : chin, u
only add to position once it shows that it
has reversed downtrend [09:02 am] mikewd2
-: possible head fake on JBL [09:03 am] Ed
: ex. u start small, place stop below lod, if
u get retest and it holds then add to
position [09:05 am] chinhngo : thank
mr ED [09:05 am] Ed : when u get faster,
on trade like JBL when its weak u will get
out for small gain or even
breakeven [09:05 am] Ed : ok [09:05 am]
mikewd2 -: stoppped on JBL, 0/6 on
lightning [09:06 am] Ed : i was able to
enter and get out for small plus
.09 [09:06 am] doji : 0=Lightning
Mike? [09:07 am] Ed : are u still in
ching? [09:07 am] chinhngo :
yes [09:08 am] jsn13 : Mitch, can u
teach how to handle this scenario when the
sell signal appears after the break of lod,
do we still need to place stop loss below od
or just wait for sell signal? I’m referring
to JBL idea….thanks mitch… [09:10 am]
lisas : Mitch, yes, that makes it easy
to see [09:10 am] khall :
nice [09:10 am] lisas : I didn’t see
email yesterday Mitch [09:11 am]
chinhngo : sell some arna at
9.08 [09:11 am] lisas : still in
jbl:) [09:11 am] chinhngo : what is
symbol of the chart please [09:11 am]
qwert : JBL bouncing [09:12 am] Ed :
alright ching sell 1/2 ur position in
JBL [09:12 am] Ed : this will help u get
ahead of trade [09:12 am] Ed : as I know u
were heavy on that position [09:12 am]
mikewd2 -: where did the sell signal go? on
jbl [09:12 am] mikewd2 -: oh, new buy –
nevermind [09:13 am] chinhngo : sell
some jbl at 20.96 [09:13 am] Ed : what is
ur avg. price chin? [09:14 am] Ed : hey
mike, just my opinion but I think he had
wrong version up as to why u saw it, this is
corrected version [09:14 am] mikewd2 -:
great [09:14 am] lisas : Interesting
to watch it live Mitch, so the sell diamond
and arrow went away once it settled into an
uptrend? [09:15 am] mikewd2 -: I’m back in
based on my own signals [09:16 am]
lisas : I’ve caught 1.5 percent move in
jbl so far, this is where I’d bail a large
portion, can see lightening would keep me in
longer [09:17 am] mikewd2 -: wow lisas
your sell moved the stock [09:17 am]
joeytsa : 100k shares will do that
🙂 [09:17 am] lisas : lol [09:17
am] Ed : this is where a “trading system” can
help a trade no matter what level. The more
disciplined the better for any
system [09:17 am] qwert :
hahaha [09:17 am] joeytsa : great
point Ed [09:17 am] Ed :
trade=trader [09:18 am] mikewd2 -: CJES
sure sold off [09:18 am] lisas :
wasn’t me this time Mike, I only sold a
quarter, will follow the system [09:18 am]
mikewd2 -: 25k, yeah me too [09:18 am]
chinhngo : i still wait until set 18 to
get the wonderful chart mr MITH [09:18 am]
mikewd2 -: haha [09:18 am] joeytsa :
a steering wheel is a great device but only
if you know how to drive the car [09:18
am] qwert : very true joey [09:19
am] Ed : true [09:19 am] mikewd2 -: big
vol spike for CJES [09:20 am] rusty
: HAL CFO: Guides Q3 Rev to decline in
mid-single digits q/q – conf comments Do not
expect to see significant price decrease for
guar moving into 2013. [09:21 am] Ed : thx
mr. rusty [09:21 am] mikewd2 -: thanks
rusty [09:23 am] chinhngo : SELL
SOME ARNA AT 9.13 [09:24 am]
chinhngo : so wait for your signal to
buy tif [09:24 am] chinhngo : bought
tif at 59.19 [09:24 am] mikewd2 -:
watching MCP [09:24 am] lisas : is
tif cut off on the right for everyone, or is
it just my screen? [09:25 am]
joeytsa : mine is cut [09:25 am]
mikewd2 -: yes, cut off [09:25 am]
chinhngo : thank mr MITCH [09:25 am]
Ed : yes Im cut off [09:25 am]
chinhngo : for tif chart [09:25 am]
Ed : no more inheritance [09:26 am]
mikewd2 -: out half JBL 21.14, from
20.74 [09:26 am] joeytsa : nice
mike [09:26 am] Ed : nice 2nd entry on it
mike [09:26 am] Ed : i wanna be, wanna be
like mike [09:27 am] mikewd2 -: yeah first
one was 6 mins too early – haha [09:27 am]
joeytsa : decent entry also mike, i
would have waited until the break over
20.80 [09:27 am] Ed : yep, its just how u
get at times, sometimes give u 1st bounce,
sometimes 2nd and sometimes not [09:27 am]
mikewd2 -: a bit of a gamble joey [09:28
am] joeytsa : you gamble?? [09:28
am] mikewd2 -: all out 21.20 [09:28 am] Ed
: thats why with ur “system” it sets up u
take the trade [09:29 am] mikewd2 -: only
on stocks joey [09:29 am] mikewd2 -:
horses is a skill – haha [09:29 am]
joeytsa : amen..my picks rocked
yesterday [09:29 am] mikewd2 -: all out
Mitch [09:29 am] lisas : long from
20.71, 75 percent of position still holding,
but moving stop up [09:29 am] mikewd2 -:
nice lisas [09:29 am] Ed : how u doing
chin? [09:30 am] chinhngo : i am is
good with arna and jbl [09:30 am]
chinhngo : sold 1000 jbl at 20.19 and
still hold 1000 [09:31 am] lisas :
all out [09:31 am] lisas : Very
interesting to trade this way! [09:31 am]
Ed : i knew u were heavy on JBL
chin [09:32 am] electrader : Mitch,
is the diamond the price when sell signal is
given? [09:32 am] khall : it’s
pretty cool – I could get used to it
🙂 [09:32 am] chinhngo : yes sold
jbl when it rally [09:32 am]
chinhngo : not make much only 200.00
for each trade [09:33 am] lisas :
Very useful Mitch! [09:34 am] qwert
: watching amzn [09:37 am] khall :
so maybe enter on a 1 min and manage with a 2
min? [09:37 am] joeytsa : yeah
khall [09:37 am] khall : I am so
ready for this [09:37 am] Ed : for the
time it took chin still nice money less than
30 minutes [09:38 am] chinhngo :
sold tif at 59.40 bought 59.19 [09:39 am]
victor51 : Will be a big help for my
trading. Thanks Mitch [09:39 am]
khall : that makes sense
Mitch [09:40 am] chinhngo : thank mr
MITCH [09:41 am] joeytsa : more
money + less stress = happy me
🙂 [09:41 am] khall :
exactly [09:44 am] mikewd2 -: MCP
continues to move up slowly [09:45 am]
qwert : monitoring pcyc [09:46 am]
chinhngo : bought mcp at
11.48 [09:47 am] mikewd2 -: already moved
2% off bottom chinhngo [09:47 am] mikewd2
-: i got in 11.32 [09:49 am] Ed : the
better the quality the strong it makes the
room over all, and more $$$ [09:49 am]
mikewd2 -: right, need to stay away from
choppy charts [09:50 am] khall :
YES [09:50 am] qwert :
surely [09:50 am] chinhngo : ok go
to work see you later [09:50 am]
joeytsa : of course [09:50 am]
mikewd2 -: yep [09:50 am] lisas :
collaborate and graduate becomes collaborate
and make more $ [09:50 am] joeytsa :
bye chin [09:51 am] lisas : bye
chin [09:51 am] mikewd2 -: out MCP
11.43 [09:51 am] lisas : yes
Mitch [09:52 am] mikewd2 -: let’s do it,
release the d-mn thing – lol [09:54 am] Ed
: LOL, mike has patience of job. [09:54
am] mikewd2 -: just kidding Mitch [09:54
am] joeytsa : haha [09:58 am]
mikewd2 -: CJES L 19.29, day trade, [09:58
am] mikewd2 -: stop 19.23 [10:02 am]
shark : AAPL nearing hod
re-test [10:05 am] Ed : speaking of that
retest any word from apple [10:05 am]
shark : regarding? [10:05 am] Ed :
guess busy 1st day of school [10:05 am]
lisas : no, will have to send her an
email [10:06 am] Ed : thx lisa [10:07
am] rusty : Navellier flash alert SELL:
JAZZ [10:11 am] mikewd2 -: watching FSLR
in this 19.00 resistance area [10:12 am]
joeytsa : ES area to watch is 1399, big
res so far [10:14 am] joeytsa : BIDU
really tight range past hour, will look for a
break either way [10:14 am] shark :
🙂 [10:14 am] joeytsa : basically a
20cent range..very tight for them [10:15
am] shark : watching too! [10:24 am]
mikewd2 -: CLF still weak [10:29 am]
mikewd2 -: SHLD new hod [10:31 am] mikewd2
-: YOKU moving off lod [10:31 am] mikewd2
-: not alot of vol though [10:34 am]
mikewd2 -: back in MCP 11.27 tight
stop [10:34 am] shark : PCYC poss
pocket pivot -needs 757K share
volume [10:36 am] Ed : thx shark [10:37
am] mikewd2 -: MCP getting some increased
vol [10:49 am] qwert :
test [10:50 am] Ed : i c ya
qwert [10:50 am] qwert :
thx [10:51 am] qwert :
BIDU [10:55 am] mikewd2 -: HAL recovered
most of the 2% drop it had earlier with
news [11:05 am] hfxtrader : hi
everyone. first time here [11:05 am]
khall : welcome! [11:06 am] Ed :
wlecome to the room hfxtrader [11:06 am]
hfxtrader : thanks Ed [11:06 am]
lisas : Hi hfx [11:06 am] Ed : are u
just logging in? [11:06 am]
hfxtrader : hi lisas [11:06 am]
hfxtrader : just logged in [11:06
am] qwert : welcome hfx [11:07 am]
hfxtrader : ty qwert [11:07 am]
doji : Mike, still holding
CJES? [11:08 am] Ed : most of the ideas
are in firts 90minutes of trading day, after
that it becomes slim due to volatility, news
etc [11:08 am] joeytsa : welcome
hfxtrader [11:08 am] mikewd2 -: missed the
cup and handle breakout on SHLD [11:08 am]
joeytsa : ES testing 1400 [11:09 am]
mikewd2 -: out half MCP 11.45 [11:09 am]
joeytsa : mike, on SHLD, you mean the
one last hour? [11:10 am] mikewd2 -:
today [11:10 am] joeytsa : yeah,
nice on that break over $53 [11:11 am]
mikewd2 -: nice cup and flat handle, had an
alert but then jumped to fast [11:11 am]
hfxtrader : It’s allright. Just got my
login info and wanted to check it
out. [11:11 am] joeytsa : also the
mini one an hour ago [11:11 am]
joeytsa : its a good room hfx, you will
like it here [11:11 am] mikewd2 -:
yeah i was talking about 1.6 over the
morning [11:12 am] qwert :
monitoring CY [11:12 am] mikewd2 -: first
tiime i actually watched the pattern form and
relized it – haha [11:12 am] joeytsa
: pretty soon they will jump out at
you [11:12 am] mikewd2 -: all out MCP
long [11:12 am] Ed : thats where it
starts, make it easy also , going with
flow [11:15 am] mikewd2 -: TZA L
16.29 [11:16 am] mikewd2 -: lisas: have
you had any issues with pivots showing up on
charts. Mine will only show if i’m on 5min
intervals. [11:16 am] mikewd2 -: usually
works fine on any interval [11:16 am]
mikewd2 -: regarding TS [11:16 am]
lisas : Mike, no, but we are probably
not using same pivots [11:17 am]
lisas : I don’t put them on my equities
charts either, just futures [11:17 am]
lisas : What pivot indicator are you
using? [11:17 am] mikewd2 -: ok, i have my
own pivots – but floor trader don;t show up
either [11:17 am] lisas : I’m not
familiar with floor trader [11:17 am]
mikewd2 -: I’m using Camarilla pivots, i
wrote my self [11:18 am] joeytsa :
mike, is it every stock? [11:18 am]
mikewd2 -: yeah, that’s what’s
weird [11:18 am] joeytsa : if stock
price is too far away, they may not show up
due to scaling etc [11:18 am] mikewd2 -:
no not that [11:19 am] mikewd2 -: I’ll
reload afterwhile [11:19 am] doji :
APPL moving [11:19 am] lisas : oh, I
see floor trader is name of TS pivot
indicator, I’ll try it and see if it works on
mine [11:20 am] doji : Wow SPY
moving [11:21 am] doji : SBUX, LEN,
APPL moving [11:21 am] doji :
MCP [11:22 am] joeytsa : ES not
quite hod [11:30 am] doji : Joey, do
see any news? [11:31 am] khall :
BIDU moving up [11:31 am] joeytsa :
yeah khall, broke from that consolidation,
see if pullback holds [11:32 am]
chinhngo : sold tif at 60.13 [11:32
am] mikewd2 -: TZA L 16.06 [11:32 am]
chinhngo : bought tza at
16.06 [11:33 am] joeytsa : did you
add mike? [11:33 am] mikewd2 -:
yes [11:34 am] joeytsa : ES testing
1404 now [11:34 am] chinhngo : sold
some arna at 9.27 [11:35 am] mikewd2 -:
stopped again on TZA [11:35 am] doji
: LEN rallying [11:36 am] chinhngo :
bought more tza at 15.90 [11:36 am]
doji : Chinghng like catching
trains… [11:37 am] mikewd2 -: Chinhngo,
you going to swing or day trade tza [11:38
am] chinhngo : day trade but if wrong i
willing to hold over night for tza [11:38
am] lisas : very bullish action in
markets, over 5 plus 1000 ticks on
$Tick [11:38 am] joeytsa : 10pt ES
move past 40 minutes or so [11:39 am]
lisas : In fact, got up to +1200
twice [11:39 am] mikewd2 -: out WFT 11.54
-> 11.67 [11:39 am] Ed : making it
look good fortonight [11:39 am]
joeytsa : be careful turning a trade
into an investment [11:39 am]
chinhngo : market is one day positive
and another day negative [11:39 am]
joeytsa : so what will happen
tomorrow [11:39 am] mikewd2 -: Russel up
1.25% [11:40 am] chinhngo : just
hope for thursday ecb buy the bond with short
term 3 years [11:40 am] doji : Trade
what you seope?e not what you h [11:40 am]
doji : see [11:40 am] doji :
hope [11:41 am] lisas :
$volspd went from -250,000 to +67,00,
interesting action [11:41 am]
chinhngo : so that why i bought tza
sell call iwm and short tfu12 [11:41 am]
doji : ? [11:42 am] chinhngo :
not thing go up forever they need to pull
back [11:42 am] mikewd2 -: NUS nice
move [11:44 am] chinhngo : arna have
6 conference call on sept 5 at
boston [11:45 am] chinhngo : sept -7
at new york sept-11 13 at london and
sept -20 [11:45 am] mikewd2 -: PII nice
move [11:45 am] chinhngo : 24 at
texas [11:45 am] joeytsa : the arna
world tour [11:46 am] chinhngo :
arna will be blockbuster for fat
people [11:46 am] joeytsa : so would
walking [11:48 am] mikewd2 -: Cramer
wasn’t so sure about ARNA
evaluation [11:48 am] chinhngo :
tfu12 rsi at 80 so should pull back [11:51
am] mikewd2 -: out half NUS 41.62 [11:51
am] mikewd2 -: trailing 20 cents on
rest [11:52 am] mikewd2 -: turning into a
great trading day, started out rough with WLT
long stop [11:52 am] doji : Nice
Mike, I am having issues with TOS… and my
account with TS still is not open [11:53
am] mikewd2 -: sorry to hear on TS, did you
talk to Ian? [11:53 am] rusty : HEK
radar [11:54 am] doji : Yes, I am
waiting for the FedEX guy to pickup the
papwerwork [11:54 am] doji :
everything here in Brazil is very
slow [11:55 am] mikewd2 -: when you moving
back to Katy? [12:00 pm] doji : NExt
year in July [12:03 pm] mikewd2 -:
great [12:08 pm] mikewd2 -: stopped on
NUS, all out [12:09 pm] doji : I’ll
be great once I am back in Karty,…. we can
spend some time tradingt [12:11 pm]
mikewd2 -: little bounce in the
oils [12:14 pm] joeytsa : doji: you
moving there for good or temporary [12:14
pm] mikewd2 -: retiring to just trade
stocks? [12:15 pm] joeytsa :
ha [12:15 pm] chinhngo : bought more
tza at 15.97 [12:17 pm] mikewd2 -:
September normally a bad month for
stocks [12:17 pm] joeytsa : bad
month for investors 🙂 [12:18 pm] mikewd2
-: right, good month for us [12:18 pm]
joeytsa : only bad months for traders
are low volume ones [12:18 pm] mikewd2 -:
organic food – marketing scam! [12:19 pm]
mikewd2 -: you better watch CNBC
joey [12:19 pm] joeytsa : it can
be [12:19 pm] joeytsa : but no
comparison between conventional and organic
food [12:19 pm] joeytsa : its all
how its labeled [12:20 pm] mikewd2 -: i
think we need a little herbicide in our diet!
lol [12:20 pm] mikewd2 -: watching MCP
again [12:20 pm] joeytsa : so does
big pharma 🙂 [12:21 pm] khall : and
big agra [12:22 pm] joeytsa : yeah,
monsanto trying to own everything [12:22
pm] mikewd2 -: missed MCP at 11.30, oh well
getting late anyway [12:22 pm] khall
: so what they are saying (this was also on
news last night) is that there is no
nutritional difference btw organic and
conventional [12:22 pm] mikewd2 -: doji:
you still short FB? [12:22 pm] mikewd2 -:
swing [12:23 pm] joeytsa : so
growing food in depleted soil is the same as
growing food in nutrient rich soil
hmmm [12:23 pm] qwert : sounds
strange [12:23 pm] khall : uh
huh [12:23 pm] qwert : we try to eat
organic [12:23 pm] mikewd2 -: i think if
you add the nutrients to the plant [12:23
pm] mikewd2 -: thru fertilizer [12:25 pm]
mikewd2 -: ES breaking 50ma [12:29 pm]
mikewd2 -: TZA lod [12:35 pm]
joeytsa : getting ready to call it a
day [12:36 pm] Ed : c ya joey [12:36
pm] joeytsa : Thanks Mitch, Ed,
everyone..see you tomorrow [12:36 pm]
khall : bye joey [12:36 pm]
qwert : bye joey [12:36 pm]
lisas : bye Joey joey [12:43 pm]
mikewd2 -: need a bigger one Ed [12:43 pm]
eyes : Good Night Eveyone [12:44 pm]
khall : night eyes [12:45 pm] Ed :
yep [12:45 pm] Ed : c ya eyes [12:51
pm] doji : Good night fellas [12:51
pm] Ed : c ya doji [12:51 pm] lisas
: bye doji [12:56 pm] khall : Thanks
Ed! [12:58 pm] chinhngo : hold
tza wprt mcp overnight [12:59
pm] lisas : bye Ed, Mitch and
all [12:59 pm] qwert : Bye
everybody [01:00 pm] chinhngo : bye
bye all traders [01:01 pm] khall :
night all
|