[06:18 am] Ed : good morning
traders
[06:28 am] Ed : if we get bounce
in COH monitor 61.25 area had issue premarket
there
[06:29 am] Ed : CASY had issues with
61 area
[06:32 am] Ed : monitor COH on
this bounce for any weakness for potential
short
[06:33 am] Ed : no hurry
[06:33
am] Ed : monitoring DNKN
[06:36 am] Mitch
K: watching PANW for bottom to buy
[06:36
am] Mitch K: watching LVS for top to
short
[06:36 am] Mitch K: watching JAZZ
for short
[06:36 am] Ed : monitoring COH
for short
[06:37 am] Mitch K: watching
KORS for bottom to buy
[06:37 am] Mitch K:
monitoring TIBX
[06:37 am] Mitch K:
watching NFLX for bottom to buy
[06:39 am]
Mitch K: watching PPO for top to short, top
of this bounce
[06:39 am] Mitch K:
watching FSLR for top to short
[06:39 am]
Mitch K: monitoring FIVE
[06:39 am] Mitch
K: watching SON for bottom
[06:40 am]
Mitch K: bounce already started with
UNFI
[06:40 am] Mitch K: watching UNFI
for bounce
[06:40 am] Mitch K: watching
QIHU for top to short
[06:43 am] Mitch K:
watching DDD for short soon
[06:43 am]
Mitch K: watching PVH for short top of this
bounce soon
[06:43 am] Mitch K: watching
RRC for top to short
[06:43 am] Mitch K:
watching CLF for short
[06:44 am] Mitch K:
watching CNI for short
[06:45 am] Ed :
covering 3/4 COH short
[06:46 am] Mitch K:
watching SIG for top to short
[06:47 am]
Mitch K: missed CIE bottom but watching for
top to short, prob over 23
[06:47 am]
Mitch K: watching GMCR for short
[06:52
am] Mitch K: consider selling PANW if
long
[06:54 am] Mitch K: RRC
toppy
[06:58 am] Mitch K: watching AXP for
microshort, best to watch for
awhile
[07:00 am] Mitch K: consider
selling NFLX if long
[07:01 am] Mitch K:
consider selling KORS if long
[07:02 am]
Mitch K: consider covering NFLX if
short
[07:03 am] Mitch K: monitoring
EGHT
[07:07 am] Mitch K: consider covering
JAZZ
[07:08 am] Mitch K: more downside for
GMCR
[07:09 am] Mitch K: its like baby
bullshort
[07:09 am] Mitch K: remember
GMCR has been a stock that wallstreet has
been shorting heavily and had only a spike
recently in the last 3 days. lot more
selling pressure on GMCR
[07:13 am] Mitch
K: consider covering LVS if short
[07:15
am] Mitch K: watch UNFI for short on top of
this bounce
[07:15 am] Mitch K: consider
reducing UNFI if short
[07:16 am] Mitch K:
watching KORS for 2nd bounce for
long
[07:25 am] Ed : nice bounce
inSINA
[07:34 am] Mitch K: watching for
small short on top of PANW bounce
[07:35
am] Mitch K: consider covering GMCR
[07:36
am] Mitch K: consider covering DDD
soon
[07:37 am] Mitch K: watching ROK for
bottom to buy
[07:38 am] Mitch K:
monitoring EOG
[07:38 am] Mitch K: looking
for $55 area on UNFI short
[07:39 am]
Mitch K: little better movememnt today but
fewer stocks. i prefer todays action
over yesterday. Bigger volatility is
better for profit potential as opposed to
more ideas with lower profit
potential
[07:40 am] Mitch K: UA could
bounce for 35-40 cents if this double bottom
holds
[07:40 am] Mitch K: sounds like I
just wrote CHinese confucious
[07:41 am]
Mitch K: FIVE bouncing, prob too
late
[07:44 am] Ed : SPY new hod
[07:47
am] Ed : monitoring MWW
[07:49 am] Ed :
reducing 3/4 MWW long
[07:50 am] Ed :
placing stop that is
[07:50 am] Ed :
placing last 1/4 MWW long 7.71
[07:53 am]
Mitch K: PANW turning over nicely, should get
under $68
[07:56 am] Ed : monitoring CASY
for more selling for setup for potenital
long
[08:15 am] Ed : out all MWW
long
[08:25 am] Ed : MLNX on the
move
[08:32 am] Ed : if u took MLNX long
would reduce
[08:32 am] Ed : i u took MLNX
long would reduce
[08:34 am] Mitch K: no
buy signal to cover UNFI short
[08:34 am]
Mitch K: KORS toppy, consider selling if
long
[08:36 am] Mitch K: this is UNFI
short
[08:36 am] Ed : if u reversed and
went short on MLNX would cover
[08:37 am]
Mitch K: apple, status is 2 weeks, should
have it for you. working good
[08:37
am] Mitch K: 1 min chartr on MLNX
[08:37
am] Mitch K: 2min chart on MLNX
[08:38 am]
Mitch K: buy signal to cover UNFI
short
[08:38 am] Mitch K: i will show you
guys how to use this tool
[08:39 am] Mitch
K: this will be beta version 1, will be
another version to follow as improvements are
made. really good tool though
already
[08:40 am] Mitch K: crude oil
here
[08:44 am] Mitch K: what i suggest
you do, and i will show you in a webinar, is
match your personality and skill level with
the instrument you want to trade
[08:44
am] Mitch K: here is even a Treasury Bond
trade just signaled a buy to cover
[08:45
am] Mitch K: yes need Ninja Trader platform
to display system
[08:45 am] Mitch K:
something like this trade here, low
maintenace, 60-90 minute hold times, you can
do other stuff
[08:46 am] Mitch K: again,
if you are making money doing what ou are
doing now, make sure you transition slowly
into new system, new procedures because you
want to preserve your current profitable
strategy. dont change quickly all of a
sudden
[08:47 am] Mitch K: another mistake
i think is to get overconfident with this
tool and build big positions before you
really are proficient with this tool.
its like changing aircraft, different
procedures, flies different speeds, must get
used to it first
[08:48 am] Mitch K: plan
on taking at least 3-4 weeks getting used to
this before you make real money
trades
[08:51 am] Mitch K: instruments =
stocks, forex, futures
[08:51 am] Mitch K:
like i was saying, different instruments have
different behavior and hold times. i
like to have a couple slower moving positions
that i dont have to worry about and take 1-2
hours to mature, and then have some faster
moving instruments as well. you dont
want to have a lot of super fast instruments
all at once, hard to handle unless you have
worked with this a lot
[08:52 am] Mitch K:
that took about 1 hour 55 minutes
[08:52
am] Mitch K: German DAX, which is their
index
[08:52 am] Mitch K: here is a slower
moving one, just finished
[08:53 am] Mitch
K: this is FCS, not sure why i didnt post,
been looking at it since 12 min after
opening
[08:55 am] Mitch K: look down
lower left of chart
[08:55 am] Mitch K:
here is UNFI from early call to watch for
long
[08:57 am] Mitch K: you can take the
original short which would be 3 trades on
same stock which is max i would take
consecutively on a stock
[08:57 am] Mitch
K: now make sure you understand this and i
will repeat in webinar, on these stocks we
see in first hour, you only take 1-2 trades
on them, don’t keep trading the signals
because the movement in the stock wont
continue, only looking for the 1st and 2nd
trade
[08:58 am] Mitch K: there are about
1-3 stocks a day you can take multiple trades
throughout the day but not many
[08:59 am]
Mitch K: dont keep taking signals from same
stock
[08:59 am] Mitch K: see that red
line trade?
[08:59 am] Mitch K: so you
want to think like a hit and run guerilla
warefare fighter
[09:00 am] Mitch K: you
can take 1 to 2 trades on that stock and
thats it.
[09:00 am] Mitch K: mike, ive
been going through this for 6 weeks on
stocks, you take the signal in first hour IF
you see these big movers.
[09:01 am] Mitch
K: you remember the homeless
charts?
[09:01 am] Mitch K: repeat:
with stocks you want to see a big
move
[09:02 am] Mitch K: repeat after
me
[09:02 am] Mitch K: when stocks go
flat, you dont take the signal
[09:03 am]
Mitch K: post 5 bad charts
[09:03 am]
Mitch K: you guys find more homeless charts
so we get this understood very clearly when
to use this tool and when to avoid
[09:03
am] Mitch K: right mike
[09:03 am] Mitch
K: you should get setup with ninja soon and
get datafeed through Kinetick, which is owned
by Ninjatrader.
[09:04 am] Mitch K:
imprint this in your brain to avoid taking
any trades with any system at any
time
[09:04 am] Ed : had
[09:04 am] Ed
: MWW has nice movement now flat
[09:04
am] Mitch K: homeless #1 here
[09:05 am]
Ed : CASY MWW no trades
now
[09:05 am] Mitch K: mike, are you
getting this?
[09:05 am] Mitch K: FRAN as
khall posted = no trades
[09:06 am] Mitch
K: mike come in over
[09:07 am] Mitch K:
does everyone understand what to
avoid?
[09:08 am] Mitch K: when you see a
big move made and you missed it, the odds are
high the next signal will be a good
trade
[09:09 am] Mitch K: this is
GOOD
[09:09 am] Mitch K: mike please
respond so you dont have problems
later
[09:10 am] Mitch K: imprint this
into your brain, this is what you
want
[09:10 am] Mitch K: why is this
good? anyone answer
[09:11 am] Mitch
K: notice this pattern often
repeats
[09:11 am] Mitch K: same thing
with stocks that are flat, usually they
continue to be flat
[09:11 am] Mitch K:
after big move, another good move, then with
futures and forex, often times that pattern
continues
[09:17 am] Mitch K: mike this is
Russell 2000, you can trade this
too
[09:18 am] Mitch K: when you see
something like this, the odds are very very
high the next signal will be worth opening a
position or closing
[09:18 am] Mitch K:
mike did you understand what i was showing
you?
[09:19 am] Mitch K: no, dont trade
this symbol, there is a leveraged etf or
index futures symbol for this shark
[09:19
am] Mitch K: you want to see big moves or a
stock that has been giving that or an
instrument like futures
[09:20 am] Mitch
K: please still use common sense
[09:21
am] Mitch K: was short signal from 834am
pacific time
[09:21 am] Mitch K: ES chart
Rusty,
[09:21 am] Mitch K: but good
question
[09:21 am] Mitch K: regatta, good
question, i think you can take a signal a
couple candles past the signal, maybe 3
but depends upon how much it moved in those 3
candles and what the pattern of movement has
been
[09:22 am] Ed : nice buy on CL 12:18
est
[09:22 am] Mitch K: now regatta, dont
take a signal this late, lol! its
almost over
[09:23 am] Mitch K: that is a
2 min chart you see here on ES
[09:23 am]
Mitch K: will go through later
[09:23 am]
Mitch K: there are different time intervals
for different instruments or stocks
[09:23
am] Mitch K: this is example of slow moving,
long hold times that are good to have maybe 1
or 2 of those and then trade other faster
moving stocks or instruments in
addition
[09:24 am] Mitch K: common sense
and experience tells me look for about 70.50
area but be flexible
[09:24 am] Mitch K:
got a buy signal on 1 min of RRC, but not on
2 min yet
[09:24 am] Mitch K: RRC
chart
[09:25 am] Mitch K: try not to be
overconfident, just focus on learning how to
use different tool, will be better but you
have to manage your expectations,
emotions
[09:26 am] Mitch K: i got to take
this down so i can work with it, if you
guys want this in 2 weeks, i have to spend
hours with programmer ok?
[09:27 am] Mitch
K: ok, last comment, this is NUAN. when
you see this spike, i rarely try to buy these
long, losing odds, best to wait for top and
get reversal going down on short
[09:28
am] Mitch K: ask joeytsa about odds, he plays
then in horses. bad odds to try to buy
long something spiking like NUAN
[09:28
am] Mitch K: let’s just focus on getting the
low hanging fruit, the easiest trades and not
get real cute, which usually means
stupid
[09:29 am] Mitch K: ok, guys, i got
to work on this, talk later
[09:30 am]
Mitch K: oh mike, didnt mean to pick on you,
just wanted to grill it into your head.
im kind of a tough coach sometimes
[09:31
am] Mitch K: ok let me show you this one last
chart, promise, last one. followup on
RRC
[09:31 am] Mitch K: your RRC bouncing
nicely
[09:32 am] Mitch K: small profits,
ok to take now, mid day trading
[09:32 am]
Mitch K: we are into microtrade time
now
[09:32 am] Mitch K: about 15-18 min
ago
[09:32 am] Mitch K: This was posted by
Mike, RRC earlier
[09:54 am] Ed : nice
pullback in SPY
[10:19 am] Ed : getting
bounce inSPY
[10:36 am] Ed : fyi keep an
eye on BPT aslo, been consolidating last 7
days. The longer the better
[10:37 am] Ed
: the longer the consolidation the better
that is, but we dont want to miss when it
breaks, we dont care the direction
[10:52
am] Ed : if they can push EXPE to 55ish area
would monitor see how price reacts to that
area
[10:53 am] Ed : nice one qwert on
TIBX
[11:08 am] Mitch K: you want to see
the Lightning chart? what were your
entries and exits on TIBX
[11:08 am] Ed :
if u took TIBX short would cover
[11:09
am] Mitch K: qwert, thats for you
[11:09
am] Mitch K: give entry and exit times
too
[11:11 am] Mitch K: and im
old
[11:11 am] Mitch K: i beat you
eddy
[11:11 am] Mitch K: you mean covered
31.65?
[11:12 am] Mitch K: let me show you
and i go back into my hole and work
[11:12
am] Mitch K: ok very typical pattern, entries
are easier to get, exits is where you make
the money
[11:13 am] Mitch K: he has
better entry, Lighting usually has better
exit
[11:13 am] Mitch K: this is TIBX,
reviewing Qwert
[11:14 am] Mitch K: to
SELL and cover at 31.32
[11:14 am] Mitch
K: was alerted at 31.75
[11:15 am] Mitch
K: to cover so thats 43 cents. you made
35 cents vs. 43
[11:16 am] Mitch K: ok
good man qwert,its slow moving now,
TIBX. talk to ou guys later, going back
into my hole as mad scientist
[11:18 am]
Mitch K: i use the next signal as the
stop. real change in procedures but you
dont give up as much money
[11:18 am]
Mitch K: qwert, just got a buy signal on
TIBX, fyi
[11:19 am] Mitch K: i think you
guys should practice some video games to
practice moving mouse quickly and
efficiently,
[11:19 am] Mitch K: you dont
give back so much profit
[11:31 am] Ed :
would monitor CRM for continuation move
2morrow breakout with strong vol
152.39
[11:32 am] Ed : it must have STRONG
vol
[11:32 am] Ed : would use 152.80 if ur
looking for swing
[11:47 am] Ed : monitor
WFM see if we get continued weakness
2morrow
[11:50 am] Ed : nice drop
inSPY
[11:50 am] Mitch K: should bounce a
little, microtrade long
[11:50 am] Mitch
K: you might watch FDS here
[12:13 pm] Ed
: just monitoring EQIX
[12:22 pm] Ed :
sold my swing in AMZN plus 15 points. I
mentioned in room also what I was looking for
on breakolut
[12:23 pm] Mitch K: good job
eddy money
[12:32 pm] Mitch K: later shark
eyes
[12:35 pm] Mitch K: i think Ed traded
this
[12:35 pm] Mitch K: this is MWW from
earlier
[12:36 pm] Mitch K: this is at
open that rise
[12:36 pm] Mitch K: how did
you trade COH ed?
[12:37 pm] Mitch K:
later horseman
[12:37 pm] Mitch K: if you
guys think there is going to be a short
lasting a lot of the day you change the time
interval to longer one
[12:37 pm] Ed :
shorted at 9:37est
[12:37 pm] Ed : I
shorted it, missed the long at open
[12:38
pm] Mitch K: this is 5 min char ton
COH
[12:39 pm] Mitch K: ed you were
wondering about EQIX as a short
[12:40 pm]
Mitch K: [06:47 am] Mitch K: missed CIE
bottom but watching for top to short, prob
over 23
[12:40 pm] Mitch K: i brought up
CIE earlier this morning
[12:43 pm] Mitch
K: you guys know how negative CLF has been in
last several weeks. and then it
bounced. its a real good stock to watch
for shorts again on day trades that last for
hours. remember tomorrow to watch CLF
on longer time interval chart
[12:43 pm]
Ed : not enough time for CIG
[12:44 pm]
Mitch K: but having power supply
problems
[12:44 pm] Mitch K: i am a random
access chip trying to reset
[12:44 pm]
Mitch K: ed will remind us because his brain
is memory chip.
[12:46 pm] Mitch K: nice
moves like on KORS and CIG but no time to do
anything with it
[12:59 pm] Ed : have a
great evenig traders
| [06:04 am] eyes : Good Morning
Everyone
[06:05 am] mikewd2 -: good
morning traders
[06:09 am] qwert :
Good morning everybody
[06:10 am]
aussie123 : Good morning from
Phoenix
[06:11 am] joeytsa : Good
morning Ed, everyone
[06:12 am]
joeytsa : Trade balance came in better
than expected, IBD/TIPP economic outlook at
7pdt
[06:13 am] aussie123 :
Joey I parlayed our beloved Redskins
with the Broncos …….My first winner in a
month of Sundays…RG III is the real
deal.
[06:13 am] joeytsa : nice
money 🙂
[06:14 am] joeytsa : gap
up: SNSS,GMCR
[06:14 am] joeytsa :
gap down: UNFI,COH,PANW
[06:14 am]
joeytsa : also watching
FSLR,MLNX,FRAN
[06:17 am] ben4givn :
good morning from New Orleans
[06:18 am]
qwert : gm Ed
[06:19 am]
joeytsa : ES up about 10pts from
overnight lows
[06:19 am] shark : gm
Ed, everyone
[06:21 am] victor51 :
Gm all
[06:21 am] khall : good
morning all
[06:21 am] aussie123 :
The ECB charter stipulates … they can not
buy soverien bonds from individual
countrys…therefor the will buy from a third
party such as Barclays..GS etc. Should be
really big money for the banks
[06:22 am]
joeytsa : thx aussie
[06:24 am]
khall : watching CASY – up 7%
premarket
[06:27 am] apple : good
morning to all respectful traders, memory of
9/11
[06:27 am] joeytsa : Never
Forget
[06:27 am] khall : gm
apple
[06:27 am] apple : gm
khall
[06:27 am] apple : gm
joey
[06:28 am] apple : gm
shart
[06:28 am] apple : gm
qwert
[06:28 am] apple : gm
aussie
[06:28 am] apple : gm
victor
[06:28 am] qwert : gm
apple
[06:28 am] apple : gm
mike
[06:28 am] apple : gm
E
[06:28 am] qwert : thx
ed
[06:28 am] apple : gm eyes, how
are you
[06:28 am] mikewd2 -: hi
apple
[06:29 am] joeytsa : CASY on
traded 12k so far too
[06:29 am]
joeytsa : ES pulling back b4 the
bell
[06:32 am] joeytsa : GMCR might
be running out of steam?..just
watching
[06:35 am] joeytsa :
watching 1429 area for ES support
[06:36
am] joeytsa : tighten FSLR if
long
[06:36 am] rusty : covered 1/2
PPHM +.5
[06:37 am] apple : nice
move on COH
[06:37 am] apple : gm
rusty
[06:38 am] rusty :
gm
[06:39 am] joeytsa : watching
YUM
[06:40 am] aussie123 : TNA L @
62.07???
[06:42 am] khall : watching
MJN
[06:43 am] chinhngo : short lvs
at 44.22
[06:44 am] mikewd2 -:
LULU
[06:44 am] mikewd2 -: VRTX
[06:44
am] shark : AAPL new lod
[06:45 am]
qwert : Thx for COH ed
[06:49 am]
rusty : CTIC on watch
[06:49 am]
rusty : based on daily chart
[06:51
am] mikewd2 -: RRC for top
[06:51 am]
mikewd2 -: resistance at 70
[06:51 am]
joeytsa : nice one mike
[06:53 am]
apple : ES moving over 1434
now
[06:53 am] joeytsa : watching
RAX
[06:53 am] chinhngo : short rrc
at 69.88
[06:55 am] shark : CMG
weeklys run out at $340 🙁
[06:55 am]
shark : strike price
[06:59 am]
apple : 🙁
[06:59 am] chinhngo
: buy cover rrc thank mr
mitch
[06:59 am] chinhngo : buy
cover lvs
[07:00 am] mikewd2 -: FOSL
bouncing off pivot
[07:00 am] rusty
: SNCR radar
[07:01 am] shark : thx,
Mitch
[07:01 am] shark : +.25
KORS
[07:02 am] mikewd2 -: watching
MLNX
[07:03 am] mikewd2 -: looking to add
to RRC short
[07:03 am] chinhngo :
short axp at 57.35
[07:03 am]
joeytsa : IBD/TIPP report came in
better than expected
[07:03 am]
khall : thanks joey
[07:03 am]
joeytsa : 51.8 vs 47.3
[07:03 am]
apple : thx joey
[07:04 am]
qwert : monitoring SWI
[07:04 am]
mikewd2 -: RRC S 69.99
[07:04 am]
shark : GOOG new lod
[07:04 am]
joeytsa : watching ALSN for
bottom
[07:05 am] qwert : volume
really low on SWI
[07:05 am] shark :
short $720 weekly GOOG, since
yesterday
[07:06 am] apple : now you
tell me! good for you shark
[07:06
am] joeytsa : RRC dbl top at
$70
[07:06 am] mikewd2 -: shorted both
tops joey
[07:06 am] shark :
🙂
[07:07 am] joeytsa : of course
you did
[07:07 am] apple : good one
mike
[07:07 am] joeytsa : probably
b4 the top hit hahaha
[07:07 am]
joeytsa : good trading mike
[07:07
am] qwert : nice mike
[07:08 am]
joeytsa : keeping FDS on the
radar
[07:09 am] joeytsa : EW trying
to hold $106
[07:09 am] mikewd2 -: nice
breakout on FDS joey
[07:10 am]
joeytsa : yeah, didnt see it until a
few minutes ago though
[07:10 am]
joeytsa : RRC to test $70
again?
[07:10 am] mikewd2 -: yeah getting
worried now, consolidation
[07:10 am]
apple : thx for info MK
[07:11 am]
joeytsa : dbl top was on neg
div
[07:11 am] rusty : covered 2/3
PPHM +.7 sbh
[07:11 am] rusty :
avg
[07:12 am] shark : 🙂
[07:12
am] mikewd2 -: nice move on CJES
today
[07:12 am] apple : nice one
rusty
[07:14 am] skydiver : UNFI – a
bit late
[07:15 am] qwert : RRC
pop
[07:15 am] rusty : CTIC
hod
[07:15 am] aussie123 : Out TNA @
63.11…+1.04
[07:16 am] apple : hey
sky
[07:16 am] skydiver : monitoring
CRM
[07:16 am] skydiver : gm
apple
[07:16 am] skydiver : eye on
KORS too 🙂
[07:17 am] joeytsa : WFM
trying to bottom
[07:19 am] joeytsa
: ES pivots 1430,1434.25..right now 1433
decent support past 20 minutes or
so
[07:19 am] skydiver : UNFI –
still in L 54.66
[07:20 am]
khall : way to go sky
[07:20 am]
skydiver : moving stop up on
UNFI
[07:20 am] joeytsa : nice sky,
UNFI bounced right off the pivot
[07:22
am] skydiver : 3/4 out of UNFI 55.25
L
[07:22 am] rusty : CTIC pulling
back
[07:25 am] shark : GOOG
bounce
[07:26 am] joeytsa : yeah Ed,
didnt even look at SINA today
[07:27 am]
skydiver : trailing stop on UNFI
L
[07:27 am] joeytsa : keep working
those pedals sky 🙂
[07:27 am]
skydiver : 🙂
[07:29 am] shark
: LULU drop
[07:29 am] khall : KORS
bouncing
[07:30 am] skydiver : all
out of UNFI L – have to leave early for a
meeting 🙁 See
you all tomorrow !!! Make lots of $$$
🙂
[07:30 am] Ed : c ya sky
[07:30 am]
shark : bye sky
[07:31 am]
skydiver : 🙂
[07:31 am] qwert
: cya sky
[07:31 am] joeytsa : bye
sky
[07:32 am] apple : have fun
sky
[07:32 am] qwert : GMCR testing
31
[07:32 am] joeytsa : tight ES
range
[07:32 am] khall : see you
later sky
[07:34 am] apple : nice
drop on WFM
[07:35 am] mikewd2 -:
SHLD
[07:36 am] apple : thx
mike
[07:37 am] scalpman : PXP
broken out..
[07:37 am] joeytsa :
tighten PANW if long
[07:40 am]
aussie123 : Any thoughts on
UA
[07:40 am] shark : haha
[07:40
am] joeytsa : UA in a 60cent
range
[07:40 am] aussie123 : thanks
Joe
[07:41 am] joeytsa : like Mitch
said, it could bounce to 58.80
[07:41 am]
joeytsa : too tight for me
though
[07:42 am] mikewd2 -: EXPE trying
to bounce
[07:44 am] mikewd2 -: WFT just
doesn’t want to get above 13
[07:44 am]
rusty : PXP radar
[07:44 am] mikewd2
-: WFT riding 12.85 pivot
[07:45 am]
apple : thx rusty
[07:45 am] mikewd2
-: SHLD still weak
[07:51 am] eyes :
long 7.76 out half 1% secnd half 2%
[07:51
am] mikewd2 -: very nice eyes
[07:53 am]
mikewd2 -: if we had patience, that would be
the only type of reversals we would
play
[07:53 am] Ed : my fav, the faster it
moves the bette
[07:53 am] mikewd2 -: yep,
brents 3min fades
[07:53 am] apple :
i agree, E, get in and get out,
NEXT!
[07:54 am] Ed : I always asked how
in the world could he trade it on
3min
[07:54 am] Ed : I have to have
1min
[07:54 am] Ed : matter of
preference
[07:54 am] Ed : guess when I
get old like Mitch I will use 3min on
those
[07:55 am] mikewd2 -: yeah, that one
would have been a bit harder to catch good
entry on 3min fade play
[07:55 am]
apple : i also like the 5 min to calm
things down tho, as well as 3
[07:56 am]
rusty : CTIC coming to papa
[08:02
am] eyes : How are you Apple
[08:05
am] mikewd2 -: MCP moving a bit
[08:05 am]
apple : great eyes, been studying and
on vacation at the beach
[08:06 am]
shark : 🙂
[08:07 am] apple :
JOY had a nice move today
[08:11 am]
mikewd2 -: CLF
[08:17 am] apple :
thx mike
[08:18 am] joeytsa : mike:
did you play EXPE..not a bad move
up
[08:19 am] mikewd2 -: no just
watched
[08:19 am] joeytsa :
gotya
[08:20 am] mikewd2 -: WLT
consolidating?
[08:20 am] joeytsa :
looks like it, having issues at res
[08:21
am] joeytsa : break thru should get it
to $36 though
[08:21 am] mikewd2 -: out
some CJES daytrade
[08:23 am] apple
: ES 1436
[08:24 am] apple : nice
drop on LULU today
[08:24 am] apple
: MK thx for mentioning EUrUSD yesterday,
nice movement
[08:25 am] mikewd2 -:
MLNX
[08:25 am] apple : thx
mike
[08:26 am] mikewd2 -: WLT starting to
move above consolidation
[08:27 am]
eyes : Nice on MWW ED
[08:27 am]
mikewd2 -: CLF S
[08:28 am] khall :
CRM at 150 resistance
[08:30 am]
shark : MLNX held 50 day area
well
[08:30 am] apple : thx
khall
[08:30 am] khall :
welcome
[08:32 am] mikewd2 -: out half
MLNX +2.00
[08:32 am] mikewd2 -:
RRC
[08:32 am] Ed : cant spell
right
[08:32 am] mikewd2 -: all out MLNX
+2.50 2nd half
[08:32 am] khall :
way to go mike
[08:33 am] apple :
thx E
[08:33 am] apple : great job
mike
[08:34 am] Ed : sweet prune
juice
[08:34 am] khall : ha
ha
[08:35 am] mikewd2 -: MLNX S
104.66
[08:35 am] apple : whatever
you like E
[08:36 am] mikewd2 -: starting
to like these 100 stocks
[08:36 am] Ed : i
likey the plus 3 on long
[08:36 am]
apple : nice
[08:36 am] mikewd2 -:
looking for 120.2 PP on short
[08:37 am]
apple : nice MK — what is the status
of Lightning?
[08:38 am] rusty :
NEPT radar based on daily chart
[08:38 am]
shark : YEAAHHHH 🙂
[08:38 am]
apple : thx rusty
[08:38 am]
apple : great, thx MK
[08:39 am]
apple : i see it has changed with the
little diamond below… looks great
[08:40
am] khall : apple, you missed some
really nice demos while you were
gone…
[08:40 am] qwert : is the
diamond where the price was when the signal
was generated?
[08:40 am] apple : of
course!!! oh, well
[08:40 am]
apple : beautiful MK!
[08:40 am]
khall : LOL – you’ll like it, trust
us
[08:41 am] shark : SPY
toppy
[08:42 am] apple : i am very
excited about it — looks like fun!
[08:45
am] scalpman : Mitch….we will need
Ninja Trader to work with this tool.
Right?
[08:45 am] victor51 : Thanks
Joey for CIE. Do you think it may reach
22??
[08:46 am] eddy : we need to
open an account with ninja or just use data
feed?
[08:46 am] joeytsa : victor: i
dont even remember calling CIE
[08:47 am]
Ed : just use data feed eddy
[08:47 am]
eddy : k just tell us exactly what to
buy as data feed
[08:47 am] eddy :
will do so this week so we are ready for the
launch
[08:47 am] Ed : we will go over
that also
[08:48 am] eddy :
k
[08:48 am] mikewd2 -: ninja supports
several brokers for data stream
provider.
[08:48 am] apple : hey
eddy how are you
[08:48 am] Ed : i think
eddy is opening acct. now with TS
[08:48
am] rusty : ninja work with apex
(penson)?
[08:48 am] eddy : so we
wait dont do anything until we hear from u
mitch and ed
[08:48 am] eddy : im
fine apple long time
[08:48 am]
apple : good
[08:48 am] shark
: is that the lightning seminar listed for
Sep 22-25?
[08:49 am] Ed : right
eddy
[08:49 am] Ed : although some are
getting it now to have leg up, but even if u
wait u will be fine as everyone will get
training same time
[08:49 am] apple
: am i missing some info — was there an
email
[08:50 am] apple : not sure
how to use ninja with TS
[08:50 am]
joeytsa : shark: i think that is still
last years
[08:50 am] shark : thx,
joey
[08:50 am] Ed : does not work well
with Tradestation apple
[08:50 am]
joeytsa : mike: MLXN dbl top at
$105
[08:51 am] apple : yeah, that
was joey — because we went to disney on the
26th mon.
[08:51 am] rusty : Anyone
know if Ninja works with Apex
(Penson)?
[08:51 am] apple : agree
MK
[08:51 am] apple : don’t know
rusty
[08:51 am] victor51 : Ed, so
what’s best alternate to TS users
[08:52
am] khall : rusty, Ninja has a list of
brokers they work with on the
website
[08:52 am] mikewd2 -: yes joey, in
2nd short oN MLNX
[08:52 am] apple :
nice one MK
[08:53 am] joeytsa :
rusty: Ninja works with Apex Futures..not
sure if thats the same
[08:53 am] Ed : Im
in same scenario victor, so just get the
ninja platform with data feed
[08:54 am]
shark : nice Mitch, what does double
green arrow, mean?
[08:54 am]
joeytsa : buy buy haha
[08:54
am] apple : MK don’t leave us
out! nice chart on FCS
[08:54 am]
apple : shark – buy more!
[08:54 am]
joeytsa :
http://www.ninjatrader.com/partners
[08:54
am] shark : lol
[08:55 am] Ed : but
no worries victor we will have time to go
over those scenarios
[08:55 am] mikewd2 -:
covered 2nd short on MLNX
[08:55 am]
joeytsa : nice going mike
[08:55 am]
apple : ok, no worries, be
happy
[08:56 am] apple : good job
mike
[08:56 am] rusty : ty
[08:56
am] mikewd2 -: 1 long, 2 shorts 3/3 on MLNX –
6/7 yesterday on it
[08:56 am] apple
: fantastic, mike
[08:57 am] khall :
great trading mike
[08:57 am] khall
: got it
[08:57 am] shark : SWEEEEET
😉
[08:57 am] victor51 : Thanks Ed.
Any idea how much does it cost
[08:57 am]
apple : that is what i figured anyway
on Lightning, MK
[08:58 am] victor51
: Mike, You know MLNX inside out
[08:58
am] mikewd2 -: haha – what do they
do?
[08:58 am] khall : they make you
money 🙂
[08:58 am] apple : lol,
right!
[08:58 am] mikewd2 -: oh
yeah
[08:58 am] apple : million
dollar question
[08:58 am] joeytsa :
who cares what they do
[08:59 am]
apple : which is always the case
MK
[08:59 am] mikewd2 -: that’s the
point
[08:59 am] joeytsa : i dont
even look at the name of the company
haha
[08:59 am] apple : like
joey…
[08:59 am] shark : nice run
on LULU off bottom
[08:59 am] apple
: agree shark
[08:59 am] shark :
KORS too
[08:59 am] mikewd2 -: doji :
missed his UVXY bounce
[08:59 am]
apple : oh well
[08:59 am]
shark : i leave too much $$ on
table
[08:59 am] scalpman : When is
the Webinar…is there information on the
Website…?
[08:59 am] Ed : cost will vary
victor, depends if one has futures acct.
hooked up via ninja, good thing is I
think cost could be as low as 50 per
month. But we will go over all that
[08:59
am] apple : yes, it is weak
[08:59
am] mikewd2 -: but how did we know that when
we got the green arrow, Mitch?
[09:00 am]
mikewd2 -: easy after the fact
[09:00 am]
mikewd2 -: understand
[09:00 am]
eddy : mike doji is not here
[09:01
am] victor51 : Ed, Any date for the
webinar
[09:01 am] mikewd2 -: i know, on
business trip for 2 weeks
[09:01 am]
apple : he knows eddy
[09:01 am]
eddy : i took part of the uvxy bounce
got out early though
[09:01 am]
scalpman : ED…where is the Webiner
information???
[09:01 am] scalpman :
Webinar
[09:01 am] Ed : Mitch will let us
know
[09:01 am] apple : those are
the moves we like!
[09:01 am] Ed : nothing
has been set for webinar date as of
today
[09:02 am] khall : yes, I
remember the homeless charts – the ones that
we don’t trade
[09:02 am] scalpman :
I assume we should be setting up our Ninja
system now then…or do we just watch
first?
[09:02 am] apple : we see
that…. the same in a regular candlestick
chart – consolidation…
[09:03 am]
apple : NOT GOOD!!!!
[09:03 am]
mikewd2 -: don’t trade choppy
stocks
[09:03 am] Ed : great question
though Mike, its like after u have esxtreme
volatility, stock gives couple good moves
then volatility goes flat
[09:04 am]
mikewd2 -: still in CLF short, thinking of
covering here
[09:04 am] eddy : im
confused …we get the subscription fir
kinetic now or wait for the webinar
[09:04
am] khall : FRAN
[09:04 am]
khall : homeless today
[09:04 am] Ed
: Mitch just mentioned get it soon
[09:04
am] apple : CRAP
[09:04 am] mikewd2
-: out CLF short,
[09:07 am] khall :
yes
[09:08 am] shark : yes
[09:08
am] apple : uhh, i think
so!!!
[09:08 am] apple :
agree
[09:09 am] apple : nice on
YM
[09:09 am] Ed : i like her
[09:10
am] shark : missed my WMT short
🙁
[09:10 am] apple :
beautiful
[09:10 am] victor51 :
Mike, I missed it. How do you know not enter
before it goes flat
[09:10 am] khall
: it’s not homeless – LOL
[09:10 am]
shark : PCLN new hod 🙂
[09:10 am]
apple : nice pattern good longs and
small shorts
[09:10 am] eddy : but
how can we know it will not be
good?
[09:11 am] joeytsa : there
isnt 100% success in trading
[09:11 am]
apple : eddy follow the arrows and look
at the length of the move
[09:11 am]
joeytsa : still have to no how to
trade
[09:11 am] joeytsa :
know
[09:11 am] Ed : a trader wants
VOLATILITY, NICE BIG MOVEMENTS, NICE RANGE in
trading instrument
[09:11 am] shark
: 🙂
[09:11 am] apple :
yup
[09:12 am] eddy : uvxy
moving
[09:13 am] Ed : like good rule if
stock is 70 or less u want minimum of 2
point range of movement. As example
[09:13
am] mikewd2 -: RRC
[09:14 am] Ed : u can
use that based on prevoous day or average
daily range
[09:15 am] mikewd2 -: nice
drop in russell 2000
[09:15 am]
apple : atr – average true
range
[09:16 am] Ed : course thats my
preference
[09:16 am] apple : it’s a
great rule to follow E
[09:17 am]
apple : nice on RRC
[09:18 am]
apple : like that MK
[09:18 am] Ed :
that really nice
[09:18 am] mikewd2 -:
yes
[09:19 am] shark : you trade it
from RUT symbol?
[09:19 am] mikewd2 -: out
some TZA 14.62 out 14.82
[09:19 am]
mikewd2 -: TNA or TZA shark
[09:19 am]
rusty : IWM or futures
[09:19 am]
apple : it’s just a matter of getting
used to seeing these patterns swathed in
color
[09:19 am] regatta : mitch,
newbie question, if we miss the first signal
we need to b patient and wait for next
move
[09:19 am] shark : thx,
rusty
[09:20 am] mikewd2 -: TNA and TZa
are 3x russell
[09:20 am] joeytsa :
rusty: do you trade the RF?
[09:20 am]
shark : ok, Mitch
[09:20 am]
joeytsa : or TF
[09:20 am]
apple : we try
[09:20 am] mikewd2 -:
RRC still selling off
[09:20 am] mikewd2
-: from high
[09:20 am] rusty : not
usually mostly ES and YM
[09:21 am]
joeytsa : gotya, wasnt sure if you did
the russell’s
[09:21 am] apple :
nice signals on ES MK
[09:22 am]
regatta : that would be trading what i
want and not what i see
[09:23 am]
regatta : the few candle after signal
would be on a 1 min chart vs 2 min
right?
[09:24 am] mikewd2 -: needed more
patience in CLF short
[09:24 am]
aussie123 : Looks like shooting fish in
a barrel!!!!
[09:24 am] shark :
shhhhh
[09:25 am] aussie123 : Sorry
Shark
[09:25 am] shark : loose lips
sink ships, aussie123
[09:25 am]
shark : 😉
[09:25 am] apple :
haha
[09:25 am] mikewd2 -: COH was a nice
short call, didn’t take it
[09:25 am]
aussie123 : lol
[09:26 am]
apple : next time mike
[09:26 am]
mikewd2 -: yeah, too many good plays
today
[09:26 am] murano :
NUAN
[09:26 am] apple : hey murano
how are you
[09:27 am] shark : ok,
Mitch
[09:27 am] shark :
Thxxx
[09:27 am] regatta : thanks
for the info
[09:27 am] apple :
thanks MK – appreciate it
[09:27 am]
murano : I’m good, back
fromvacation
[09:27 am] apple : me
too
[09:28 am] apple :
agree
[09:28 am] shark : h
murano
[09:28 am] rusty : NUAN
radar
[09:29 am] joeytsa : bye
Mitch, thanks..and yes, odds are
important
[09:29 am] apple : keep
the odds in your favor
[09:30 am]
qwert : thx mitch
[09:30 am]
joeytsa : odds vs
expectations
[09:30 am] apple :
yup
[09:31 am] mikewd2 -: no problem
Mitch, appreciate it
[09:31 am]
qwert : yes thx for RRC mitch
[09:32
am] apple : thx MK
[09:33 am]
mikewd2 -: miss YOKU today and yesterday,
nice moves off bottoms
[09:34 am]
apple : thx mike
[09:35 am]
joeytsa : CLMT 60cent drop
[09:35
am] joeytsa : not big vol
though
[09:35 am] apple : next time
mike!
[09:37 am] joeytsa : shark:
iphone5 release tomorrow?
[09:37 am]
shark : YESSS
[09:37 am] apple
: i think so
[09:37 am] joeytsa :
figures, i just got the 4 a few months back
haha
[09:37 am] shark : also seeing
pix of mini ipad
[09:37 am] apple :
you getting one joey
[09:38 am]
apple : need to upgrade!
[09:38 am]
joeytsa : actually have the
4s
[09:38 am] shark : well don’t get
the 5 without expecting a 6 down the road,
joey
[09:38 am] shark : 😉
[09:38
am] joeytsa : i wont get a new one
until this one breaks
[09:38 am]
apple : wait for the 10!
[09:38 am]
joeytsa : had my flip for 5 yrs
haha
[09:38 am] shark : most people
I know say the same
[09:39 am] shark
: even getting broken one’s fixed rather than
buying new one
[09:39 am] victor51 :
Hi Murano
[09:39 am] joeytsa : i
barely leave the house..dont need a fancy
phone haha
[09:39 am] joeytsa :
havent even put 1000 miles on my car this
year
[09:39 am] shark : Magic
Jack?
[09:40 am] shark : $19.95/year
phone
[09:40 am] joeytsa : yeah,
never tried it
[09:40 am] shark :
works great
[09:40 am] apple : haha
– really shark? that would be a
savings
[09:40 am] joeytsa : do you
remember Dialpad?
[09:40 am] shark :
stock testing all time high – CALL
[09:40
am] eyes : thats what i have shark i
like it
[09:41 am] shark : nice,
eyes
[09:41 am] shark : free calls
to Canada, too
[09:41 am] apple :
yeah, called toronto on cell phone cost me
$80!
[09:42 am] shark : and you can
make calls from foreign countries back to USA
free
[09:42 am] apple :
nice
[09:42 am] shark : so take with
you to foreign country
[09:42 am]
apple : EXPE nice move today
[09:44
am] apple : WPRT also had a nice move
today
[09:45 am] mikewd2 -: VRTX
lod
[09:49 am] mikewd2 -: be back in a
little while – make good decisions!
[09:50
am] shark : k, mike 😉
[09:50 am]
joeytsa : so Moody’s has threatened to
take away the USA’s AAA credit rating if
congress doesnt get its act
together
[09:51 am] apple : have fun
mike
[09:51 am] shark : and Boehner
says he is not optimistic and that downgrade
is likely
[09:51 am] joeytsa :
1/1/13 ” large,immediate fiscal
shock”
[09:51 am] apple : thx joey
and shark
[09:52 am] joeytsa : next
few months will be fun haha
[09:52 am]
shark : ohhh yeahhh
[09:55 am]
apple : thx E
[09:55 am] shark
: SSYS alert
[09:55 am] shark : SSYS
alert
[09:56 am] shark : breaking S2
area
[09:56 am] apple : thx
shark
[09:56 am] joeytsa : AAPL
lod
[09:56 am] shark : 60.66 50day
ma SSYS
[09:56 am] apple : nice
drop
[09:58 am] shark : SSYS 61.30
long
[10:00 am] apple : with you
shark 61.34
[10:00 am] shark :
🙂
[10:00 am] shark : stop at 61.30
as well, for now
[10:03 am] joeytsa
: 40cent spike on ANGI
[10:03 am]
apple : thx joey
[10:04 am]
eyes : SWN
[10:04 am] eyes :
wrong screen
[10:10 am] shark :
exiting SSYS, have to run out for a
bit
[10:11 am] joeytsa : later
shark
[10:12 am] Ed : c ya shark
[10:12
am] apple : have fun shark
[10:12
am] shark : 🙂
[10:13 am]
khall : bye shark
[10:15 am]
eyes : CDTI for you RUST
[10:16 am]
eyes : rusty
[10:20 am] eyes :
LRN any thoughts
[10:21 am] Ed : flat no
movement
[10:22 am] eyes : Ok lunch
time see you all in a while
[10:23 am] Ed
: c ya eyes
[10:23 am] apple : have
fun eyes
[10:29 am] eddy : im done
for the day …early morning flight to dubai
tomorrow.. see you all again then…..make
good money bye all
[10:30 am] khall
: bye eddy
[10:30 am] apple : bye
eddy have a safe trip
[10:35 am] Ed : have
safe trip eddy
[10:37 am] apple :
thx E
[10:37 am] qwert : thx E got
my alerts set
[10:38 am] qwert :
TIBX
[10:38 am] apple : nice on
daily E
[10:45 am] khall : apple,
are you still in SSYS?
[10:46 am]
apple : up 1 pt
[10:46 am]
khall : 🙂 yep
[10:46 am]
khall : still going too
[10:47 am]
apple : good
[10:52 am] apple
: thx E
[10:52 am] apple : where is
lisa?
[10:53 am] Ed : ur not here she is
here and vice versa
[10:53 am] apple
: same person….
[10:53 am] apple :
haha
[10:53 am] Ed : we know
[10:54 am]
apple : i will email her
[10:55 am]
Ed : joey is watching highlights of rg3 game
from weekend
[10:56 am] Ed : the skins
have not had this much excitement since they
had to bail riggins out of jail to play next
day in sunday game
[10:57 am] apple
: E are you having a conversation with
yourself?
[10:57 am] Ed : it does seem
that way
[10:58 am] apple : haha,
now you know it’s rather slow
[10:58 am]
Ed : I know u arem but waht am I?
[10:59
am] Ed : arem=are
[10:59 am] apple :
top notch
[10:59 am] Ed : lol
[10:59
am] Ed : yes u are
[10:59 am] apple
: are you going to be taking any
vacation?
[10:59 am] Ed : where did qwert
go?
[10:59 am] Ed : vacation, who is
he???
[11:00 am] apple : are we the
only 2?
[11:00 am] Ed : Lisa says
hello
[11:00 am] apple :
thx
[11:01 am] khall : nope, I’m
still here
[11:01 am] khall :
LOL
[11:01 am] apple :
kaboom
[11:01 am] apple : okay, 3 of
us
[11:01 am] Ed : c what it takes to wake
up khall
[11:02 am] khall : ha ha
ha
[11:02 am] khall : no
kidding
[11:02 am] khall : I was
actually just letting the dogs in
[11:02
am] Ed : qwert must be sleep, i know he got
in early yesterday am, with little sleep he
said
[11:02 am] apple : it’s who let
the dogs out…
[11:03 am] qwert :
just got back was cooking some
breakfast
[11:03 am] Ed : lol
[11:03
am] apple : i remember and he had a
great trading day!
[11:03 am] qwert
: hahaha
[11:03 am] apple : hello
qwert
[11:03 am] Ed : uhh breakfast, its
like 9pm here
[11:03 am] qwert : hi
apple
[11:03 am] qwert : only 11
here
[11:03 am] Ed : nice call on
TIBX
[11:03 am] apple : surely you
jest E!
[11:04 am] Ed : oh, looked at
clock wrong its 2:04pm
[11:04 am]
qwert : thx i think i typed at the same
time as you put it in E
[11:04 am]
apple : no sunlight where you
are? in the basement?
[11:04 am] Ed
: more like the dungeon
[11:05 am]
apple : at least i have 2 small
windows
[11:05 am] qwert : im
getting sunburnt from all these
monitors
[11:05 am] Ed : I have to work my
way back up to the 1st floor
[11:05 am]
qwert : hahaha
[11:05 am]
joeytsa : Ed: you still coming
here?
[11:05 am] Ed : look who made it
back
[11:05 am] joeytsa : had to
watch the ‘skins replay haha
[11:05 am]
apple : haha, finally….
[11:06 am]
qwert : you going to vegas
Ed?
[11:06 am] Ed : yes, but I have to
refigure my time.
[11:06 am] joeytsa
: oh ok
[11:06 am] Ed : The time I was
going, I had company
[11:06 am]
apple : best time to go!
[11:06 am]
Ed : so it change my schedule
[11:06 am]
joeytsa : gotya
[11:06 am]
qwert : You should come to Cali we will
go to your Restaurant
[11:07 am]
joeytsa : i should be around most of
the year 🙂
[11:07 am] Ed : which city u
in qwert
[11:07 am] apple : haha,
remember that?!
[11:07 am] qwert :
Rancho Cucamonga
[11:07 am] apple :
SD right?
[11:07 am] Ed : my fav. place
candelas
[11:07 am] qwert : 1 hour
outside of LA
[11:07 am] joeytsa :
south of LA?
[11:08 am] qwert : East
of LA
[11:08 am] joeytsa : oh
ok, might be in LA first weekend of
nov
[11:08 am] qwert : in the
foothills
[11:08 am] Ed : cool
[11:08
am] qwert : Candelas’s restaurant is in
San Diego
[11:09 am] apple : oh,
okay, that’s what i thought
[11:09 am]
qwert : actually on Coronado
[11:09
am] joeytsa : hitting that area next
summer
[11:10 am] apple : wake up
qwert, MK is talking to you
[11:10 am]
qwert : entry was at 10:40
32.00
[11:10 am] qwert : sorry 1
fingered typist
[11:10 am] apple :
gotta learn qwert
[11:11 am] qwert :
2/3 exit at 32.65 10:42
[11:11 am] Ed :
anyone else trade TIBX?
[11:11 am]
apple : no
[11:11 am] Ed : u mean
31.65 qwert
[11:11 am] Ed : lol
[11:11
am] qwert : last 1/3 stop at
31.50
[11:11 am] qwert : yeah sorr
31.65
[11:12 am] Ed : yea Mitch but u type
like 150 words/minute
[11:13 am]
qwert : im like 15 a minute
[11:13
am] apple : MK – you are not old unless
you are 90+
[11:13 am] qwert :
okay
[11:14 am] qwert : im still
short 100 shares
[11:16 am] apple :
good for you qwert
[11:16 am] apple
: haha
[11:17 am] qwert : have a
target of 31 area
[11:17 am] apple :
nice!
[11:18 am] qwert : stop at
.45
[11:18 am] qwert : thx mk will
tighten stop
[11:19 am] qwert : i
like that idea
[11:19 am] apple :
good to know
[11:19 am] qwert : stop
at .26
[11:19 am] joeytsa : FDS back
to dbl top
[11:20 am] apple : thx
joey
[11:21 am] eyes : eqt
[11:22
am] qwert : did you get eqt short
eyes
[11:22 am] Ed : too late for me on
that already turned over
[11:22 am]
eyes : no to late
[11:22 am]
qwert : nice chart
[11:26 am]
eyes : SBS
[11:27 am] Ed : thin
right now
[11:28 am] Ed : would like more
sellers to give up
[11:30 am] eyes :
ya looks very weak
[11:31 am] eyes :
more like no mans land
[11:31 am]
apple : thx E
[11:32 am]
ben4givn : Any ideas on HOTT
[11:33
am] Ed : no touchy, too hot
[11:33 am]
apple : EXPE had a nice move
today
[11:33 am] mikewd2 -: hot hot
hot
[11:33 am] apple : hot not hot
today
[11:33 am] ben4givn : Thanks,
just learning
[11:33 am] Ed : on serious
note 4given its just meandering not good
setup
[11:34 am] Ed : and in very strong
downtrend
[11:35 am] Ed : its down over 8%
and has not even attempted a bounce which let
u know its very very weak
[11:35 am]
ben4givn : That’s what I thought, but
it looked to be bottoming so thought I’d
ask.
[11:36 am] Ed : its tryn to break
downtrend now, but I would let someone else
throw their money at it
[11:36 am]
apple : would have been a better short
at beginning of session when it dropped
straight down
[11:36 am] Ed :
right
[11:36 am] ben4givn : yeah, i
didn’t see it then
[11:36 am] Ed : this
does not mean it will not bounce but its all
about probability and placing odds on ur
side
[11:37 am] eyes : GMCR at the
open
[11:37 am] khall : need to run
– thanks guys – see you all bright and early
tomorrow!
[11:37 am] joeytsa : bye
khall
[11:37 am] apple : right, ben
— always after the fact….
[11:37 am]
apple : bye khall have fun see you
tomorrow
[11:38 am] Ed : c u
khall
[11:38 am] khall :
🙂
[11:38 am] shark : EXPE looks
like pocket pivot vol off 10,21 day m.a.
apple
[11:38 am] shark : did you get
some of that $1 move SSYS, apple?
[11:39
am] apple : thx shark, yes
[11:39
am] shark : 😉 great!
[11:44 am]
eyes : any thoghts on GMCR
[11:45
am] shark : kind of sideways,
eyes
[11:45 am] apple : all
day
[11:45 am] shark : watch for
range break, eyes (on vol)
[11:46 am]
shark : like when TIF broke low of
range on 9/4
[11:46 am] shark : was
great short
[11:47 am] shark : you
can see it on 15min chart pretty well
-TIF
[11:47 am] joeytsa : AAPL
lod
[11:49 am] joeytsa : would have
expected some buying in AAPL
[11:51 am]
qwert : tomorrow iphone 5
correct?
[11:51 am] Ed : yes
[11:52 am]
qwert : maybe already selling the
news
[11:53 am] joeytsa : maybe, its
up 100pts the past 2 weeks
[11:53 am]
qwert : i have the hardest time with
that stock
[11:54 am] joeytsa : i
dont mess with it
[11:56 am] joeytsa
: MLNX pulling back to $103
[11:56 am]
apple : tootta pick up robert from
school, back in a bit
[11:57 am]
joeytsa : drive safe
[11:57 am]
apple : walking fast!
[11:57 am]
joeytsa : ahhh
[11:59 am] eyes
: WAC alert
[12:00 pm] eyes : bad
tick i think
[12:01 pm] qwert : i
dont have a bad tik on wac
[12:02 pm]
eyes : on my chart it jupmed 40 cents 1
candle
[12:02 pm] joeytsa : not a
bad tick, just be careful with vol
[12:03
pm] qwert : i dont have a 40cent move
on wac
[12:03 pm] joeytsa : me
either
[12:03 pm] joeytsa : not on 1
candle
[12:03 pm] eyes : do you have
ninja
[12:03 pm] joeytsa : looked to
be 50cent move past 15 minutes or
so
[12:04 pm] joeytsa : i dont have
ninja for stocks
[12:04 pm] qwert :
esignal here
[12:04 pm] joeytsa :
but on TS and lightspeed there is no 40cent
tick on a 1min candle
[12:05 pm]
eyes : it was a bad tick on ninja side
not on ts
[12:05 pm] qwert :
okay
[12:06 pm] joeytsa : any time i
see a stock that has dashes for a 1min
candle, i usually just go quickly to the next
one
[12:07 pm] shark :
agreed
[12:07 pm] eyes : good
habit
[12:08 pm] joeytsa : doesnt
mean that you cant get a good move
[12:08
pm] joeytsa : just that with 5000
stocks to choose, there has to be something
better for me
[12:09 pm] joeytsa :
and any stock that hasnt traded 300k shares
with an hour left..not for me
[12:09 pm]
shark : 🙂 yup
[12:09 pm]
shark : anybody catch that nice TIBX
move off bottom?
[12:10 pm] joeytsa
: re WAC: from 34.08 to 33.51 there are only
apprx 1000 shares on L3
[12:10 pm]
shark : wonder what lightning would
have done
[12:11 pm] shark : on
TIBX
[12:11 pm] joeytsa : crapped
thunder 🙂
[12:11 pm] qwert :
hahaha
[12:12 pm] shark :
lol
[12:12 pm] rusty : Analyst
defending LRN
[12:14 pm] joeytsa :
same here Ed, looking ugly
[12:14 pm]
joeytsa : the stock not you
🙂
[12:14 pm] qwert : haha
[12:15
pm] joeytsa : shark: might know this
weekend if im coming to LA in nov..will let
you know
[12:16 pm] rusty : CTIC
hod
[12:20 pm] mikewd2 -: MLNX gave up 4
points
[12:20 pm] joeytsa : Ed; you
were watching BIDU recently, making multitop
at prev hi on the 1min
[12:21 pm] Ed :
thx
[12:21 pm] joeytsa : no
prob
[12:22 pm] joeytsa :
$$$
[12:23 pm] qwert :
nice
[12:23 pm] shark : 15pts x
1share = 3 happy meals 🙂
[12:23 pm] Ed :
lol
[12:23 pm] qwert : lol
[12:23
pm] chinhngo : WHAT IS THE NOISE MAKE
ME WAKE UP
[12:23 pm] joeytsa :
everytime i hear that cash register sound, i
expect to hear the bassline for pink floyd’s
“money” to start playing
[12:23 pm] Ed :
that means we get a lucky charm
[12:24 pm]
shark : coffee smell-o-rama for you
chinhngo
[12:24 pm] mikewd2 -: out some
TZA 14.71 out 14.90
[12:25 pm] Ed : hey
mike VXX forming a bull cup
[12:25 pm] Ed
: on 15min 15 day
[12:25 pm] mikewd2 -:
got lots more TZA
[12:25 pm] Ed : never
mind
[12:26 pm] Ed : and it takes u like 3
days to get out of the trade due to 1million
shares
[12:26 pm] mikewd2 -: yeah it does
suck
[12:26 pm] mikewd2 -: haha
[12:26
pm] mikewd2 -: would like to see TSO give up
40 today
[12:27 pm] Ed : hey qwert u try
any of those weak stocks breaking down to
short like on EQIX?
[12:28 pm] Ed : after
they try to form a bottom and bounce is
weak
[12:28 pm] Ed : i know u said u were
going to study them
[12:29 pm] qwert
: not today but yes have been
studying
[12:29 pm] mikewd2 -: SINA sold
off some
[12:29 pm] Ed : add EQIX to the
list
[12:29 pm] qwert :
yep
[12:30 pm] Ed : both areas broke
down
[12:31 pm] qwert :
nice
[12:31 pm] qwert : talking up
kors on cnbc
[12:32 pm] victor51 :
Ed, do you find weakstock using daily or any
other list
[12:32 pm] eyes : Good
Night Everyone
[12:32 pm] shark :
nice slide on EQIX
[12:32 pm] shark
: watch list for tomorrow
[12:33 pm]
murano : CIG
[12:33 pm] shark
: bye Mitch! Thank you 😉
[12:34 pm] Ed :
u can find by looking at daily, but as far as
what I was just speaking about it has to do
with feel. Like if stocks has dropped 10% and
only bounces 1%, that tell u it really
weak.
[12:34 pm] Ed : The more u study,
trade etc u will start to see patterns
and how stocks act
[12:35 pm] Ed :
sweet
[12:36 pm] shark : KORS
spike
[12:36 pm] shark : nice vol
too
[12:36 pm] shark : sold 49 Sep22
puts +.45 off bottom
[12:37 pm]
joeytsa : Thanks Mitch, Ed,
everyone..have a great day, see you all
tomorrow
[12:37 pm] Ed : c ya
joey
[12:38 pm] joeytsa :
haha
[12:38 pm] mikewd2 -: RRC
[12:38
pm] joeytsa : big race for our stable
this saturday Mitch
[12:38 pm]
joeytsa : win and we go to the Breeders
Cup again
[12:38 pm] Ed : cool
spinach
[12:39 pm] qwert : thats
awesome joey
[12:39 pm] joeytsa :
yeah, we’ll see
[12:39 pm] Mitch K: man
thats pretty cool joey
[12:39 pm]
victor51 : Bye Joey Thanks for
CIE
[12:39 pm] Ed : nice joey
[12:39
pm] Ed : right
[12:40 pm] joeytsa :
i still dont remember CIE victor
haha
[12:41 pm] victor51 : Idid. got
.55cents but took 3 hours
[12:41 pm] Ed :
that was like +10 on EQIX short, wish I saw
earlier
[12:42 pm] apple :
back
[12:42 pm] apple : good luck
joey
[12:44 pm] shark :
Eddddddd!
[12:44 pm] Ed : famous line in
“man on fire” I wish you had more
time
[12:44 pm] Ed : lol
[12:44 pm]
shark : lol
[12:44 pm] apple :
thx MK
[12:45 pm] shark : watching
KORS for top
[12:45 pm] shark : big
volume move
[12:46 pm] aussie123 :
MK..Do you have any technical people on your
staff I could call & talk with to set
up for Lightning?
[12:50 pm] Ed : Im sure
some able body will be available to
help
[12:51 pm] Ed : when that time comes
and its released
[12:53 pm] qwert :
Goodnight everybody see ya in the
am
[12:54 pm] victor51 : How is your
day going Appel?
[12:54 pm] Ed : c ya
qwert
[12:54 pm] victor51 : bye
quart
[12:54 pm] aussie123 : Ed..I
use Think or Swim… & have no idea
what the heck Ninjas is or does
etc.
[12:54 pm] shark : word is that
KORS offering on 2ndry is
over-subscribed
[12:54 pm] apple :
bye qwert
[12:54 pm] apple : great
so far victor
[12:55 pm] rusty : BAC
hod
[12:55 pm] shark : FIVE was
another good runner off bottom today -mised
it
[12:57 pm] shark : hey, AMZN pe
is only 314
[12:58 pm] shark : AIG
nice off bottom too, heaviest traded day ever
236m shares
[12:59 pm] apple : thx
shark
[12:59 pm] shark :
🙂
[12:59 pm] apple : thx E, you
too
[01:01 pm] victor51 : See you
all
[01:02 pm] apple : all have a
wonderful evening
[01:03 pm] rusty :
gn all
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