[06:27 am] Ed : good morning
traders [06:29 am] Mitch K: it could but
would be unusual. [06:29 am] Mitch K: We
are waiting for the German high court
decision on the constitutionality of the
common Euro bond fund. i would think
the decision would not be released during
market hours. [06:31 am] Mitch K: watching
FINL for bottom, already bounceing [06:31
am] Mitch K: watching SYNA for
bottom [06:31 am] Mitch K: watching CPL
for bottom to buy [06:32 am] Mitch K:
quickie short on NOW, need 34.40
area [06:32 am] Mitch K: watching MNST for
bottom, should be good one here [06:32 am]
Mitch K: watching LQDT for bottom [06:33
am] Mitch K: monitoring CRM [06:33 am]
Mitch K: watching UVXY for bottom, take
time [06:33 am] Mitch K: watching SWK for
top to short [06:34 am] Mitch K: I use
term monitoring as a weaker word than
watching [06:34 am] Mitch K: monitoring
URI [06:34 am] Mitch K: watchign EXC for
bottom to buy [06:34 am] Ed : reducing CRM
long [06:34 am] Mitch K: watchign QCOR for
bottom [06:34 am] Mitch K: monitoring
CVLT, not ready yet [06:35 am] Mitch K:
watching YOKU for top for small
short [06:35 am] Mitch K: watching CPL for
bottom [06:35 am] Mitch K: dont forget
about MNST, Monster Beverage [06:35 am]
Mitch K: watchign CIG for bottom, multiple
trades [06:35 am] Ed : CRM was stock i
gave to lookout for breakout for today and
triggers [06:36 am] Mitch K: watchign LVLT
for top to short [06:36 am] Mitch K:
watching SWK closer [06:36 am] Mitch K:
watching GMCR for short [06:36 am] Mitch
K: watching CLF for bottom, prefer below
41 [06:37 am] Mitch K: watching QIHU for
top to short [06:37 am] Mitch K: watching
LQDT closer [06:37 am] Mitch K: watching
EXC closer [06:38 am] Mitch K: monitoring
DUK, not dropped enough yet [06:39 am]
Mitch K: watching CNC for bottom to
buy [06:39 am] Mitch K: getting MNST
bottom [06:40 am] Mitch K: watching JAH
for top to short [06:41 am] Mitch K:
watching QCOR here [06:41 am] Mitch K:
UVXY bottoming [06:42 am] Mitch K:
monitoring TRV [06:42 am] Mitch K:
watching CVLT for top to short [06:42 am]
Mitch K: watchign FMCN for top to
short [06:44 am] Mitch K: watching
LQDT [06:44 am] Mitch K: watching BIDU for
bottom to buy, take time [06:44 am] Mitch
K: watching PCAR for top to short, top of
this bounce, take time [06:45 am] Mitch K:
monitoring TSO [06:46 am] Mitch K:
watching NOW closer [06:48 am] Mitch K:
LQDT trying to bounce here [06:48 am]
Mitch K: more downside on LVS, microtrade
profits though [06:50 am] Mitch K:
watching APC for top to short [06:50 am]
Mitch K: watching WDC for top to
short [06:52 am] Mitch K: watching SWKS
closer [06:52 am] Mitch K: monitor ELP for
short on top of bounce, prob 16.20 area, low
vol though [06:53 am] Mitch K: cover GMCR
short [06:54 am] Ed : pullback
inSPY [06:55 am] Mitch K: consider
covering QIHU short [06:57 am] Mitch K:
monitoring MCK [06:57 am] Mitch K:
watching DDD for bottom to buy, going to be a
good one [07:00 am] Mitch K: LQDT trade
failure [07:00 am] Mitch K: consider
selling BIDU if long [07:02 am] Mitch K:
UVXY sell signal, consider selling
long [07:02 am] Mitch K: MNST long failed
too but keep watching, will eventually give
good one [07:03 am] Mitch K:
aggressive: watch EBR for top to short,
for experts only, needs to get to 6.15 first
though [07:04 am] Mitch K: more bounce in
URI, might pullback 20 cents first
though [07:05 am] Mitch K: watching TSO
for 2nd helping short, best to see if makes
new high over 41.50 before shorting 2nd
time [07:05 am] Mitch K: ELP
toppy [07:06 am] Mitch K: good job
mikey [07:06 am] Mitch K: just a sec on
QCOR, no sell signal yet on 2 min Lightning
chart [07:06 am] Mitch K: consider selling
QCOR; also good short soon [07:07 am]
Mitch K: before buying DDD, give it a couple
minutes to see if new lows are made below
37.15 [07:09 am] Mitch K: TSO 2nd helping
here [07:09 am] Ed : depending on day may
hold last 1/4 of CRM as swing [07:10 am]
Mitch K: watching THRX [07:10 am] Mitch K:
2nd helping short [07:15 am] Mitch K:
looking for lower low on TSO 2nd helping
short [07:17 am] Mitch K: lower low on
TSO [07:17 am] Mitch K: watchign QCOR
closer for sell signal; none yet [07:18
am] Mitch K: should get to around 40.81 area
on TSO short [07:19 am] Mitch K: consider
selling URI [07:20 am] Mitch K: consider
covering TSO if short [07:22 am] Mitch K:
more downside on SWK short [07:30 am] Ed :
more selling in SPY [07:31 am] Mitch K: no
buy signal yet on SWK either [07:31 am]
Mitch K: especially on something that has
been taking a while [07:31 am] Mitch K: ok
just got sell on 1 min chart, but I like to
wait for 2 min signal [07:31 am] Mitch K:
no sell signal yet on QCOR 1 or 2 min
chart [07:33 am] Mitch K: watching MET for
bounce after more drop first [07:34 am]
Mitch K: this is SWK short, no buy signal to
cover yet [07:35 am] Mitch K: when a stock
is taking a while or is slow trading, keep it
on 2 min for closing signal [07:35 am]
Mitch K: no sell signal [07:35 am] Mitch
K: this is QCOR [07:36 am] Mitch K:
watching NUGT for bottom [07:38 am] Mitch
K: this is CLF chart [07:39 am] Mitch K:
not try to buy long [07:39 am] Mitch K: my
conclusion is to look for a short on a
rebound [07:39 am] Mitch K: common sense
is on CLF has lots of selling pressure, i
mentioned that yesterday. look at daily
chart, going to be selling [07:46 am] Ed :
lower low in SPY [07:50 am] Mitch K: QCOR
sell signal about 6-7 min ago, stepped away
from desk [07:52 am] Mitch K: good one on
MET khall. Get Met, it pays [07:52
am] Mitch K: NUGT bouncing [07:53 am]
Mitch K: SWK buy signal on 1 min [07:54
am] Mitch K: watching SSYS for long, low vol
but should bounce [07:55 am] Mitch K:
thats a common sense/experience instinct to
be a little more careful with NUGT. i
tend to take profits early on these that
dropped so much [07:55 am] Mitch K: ok now
what i do with something like NUGT, low
priced stock i monitor the 1 min and 2 min
chart on Lightning. [07:58 am] Mitch K:
consider selling NUGT here [07:58 am]
Mitch K: sell signal on NUGT 1 min [07:59
am] Mitch K: good money khall [07:59 am]
Mitch K: how did you do with NUGT guys
gals [07:59 am] Ed : REGN
monitoring [08:01 am] Mitch K: what i was
trying to say earlier about NUGT is these
lower priced stocks that dropped a lot, they
tend to fall apart quickly on the
bounce [08:03 am] Ed : if u took regn long
would reduce [08:05 am] Mitch K: good call
on RRC earlier mikey, good eye on CHTR
eyes [08:06 am] Mitch K: watching TSO for
3rd helping short [08:12 am] Mitch K:
remember that GMCR is a good stock to short
when you see spikes like this
morning [08:13 am] Ed : good eye EYES on
CHTR [08:13 am] Mitch K: that was eyes’
eyes [08:13 am] Mitch K: you guys shorting
CHTR? [08:25 am] Mitch K: ok, even i got
suckered into selling at 758am on the 1 min
sell signal with NUGT [08:25 am] Mitch K:
sell signal on 2 min chart for NUGT [08:29
am] Mitch K: what stock is halted? [08:31
am] Mitch K: this is NUGT, i mentioned to
consider selling at 758am on a signal on 1
min chart, you are looking at a 2 min
chart [08:32 am] Mitch K: these are the
kinds of charts that Lightning really shines,
bigger moves [08:32 am] Mitch K: 2
min [08:32 am] Mitch K: here is
CHTR [08:32 am] Mitch K: i think
consistently we make more money and
experience less losses using a 2 min chart
more often than a 1 min on a closing
signal [08:33 am] Mitch K: SWK [08:33
am] Mitch K: you could have gotten 70 cents
pretty easily on this short [08:33 am]
Mitch K: this was eyes alert on RRC [08:34
am] Mitch K: ok got a signal, wasnt perfect
but still $1.75 profit on a 73 stock or over
2% [08:35 am] Mitch K: dont beat yourself
up if there was a better signal down the
road. just move on and take the money
you got from it and find something
else [08:36 am] Mitch K: i just wait for
sound [08:36 am] Mitch K: looking for 3rd
helping on TSO short here, no signal
yet [08:36 am] Mitch K: TSO [08:36 am]
Mitch K: i know a lot of you are going to
fight it at first so just practice without
using real money first, maybe 3-4
weeks. if you are new to trading,
consider 90 days. you will be real good
in 3 months, real good [08:38 am] Mitch K:
just got sell signal on TSO on 2
min [08:57 am] Mitch K: thanks
chingo [08:57 am] Mitch K: i think chingo
mentioned ARNA earlier [08:58 am] Mitch K:
linning? what is that word? [08:58
am] Mitch K: you still long ARNA
chingo? [08:58 am] Mitch K: how did you do
on ARNA chingo? [08:59 am] Mitch K: you
guys speak CHingo’s language, good one
joey apple [08:59 am] Mitch K: oh,
ok [09:00 am] Mitch K: hey ed, CHin is a
Chinese name, CHingo is south american
country? [09:00 am] Mitch K: back to
ARNA [09:00 am] Mitch K: REGN [09:01
am] Mitch K: ok thats a foreign
country [09:01 am] Mitch K: where are you
from chingo? [09:02 am] Mitch K: chingo,
consider selling ARNA [09:02 am] Mitch K:
id take that signal, its a 4 min
chart [09:02 am] Mitch K: getting sell
signal on ARNA [09:02 am] Mitch K: oh ok,
great [09:03 am] Mitch K: ching, sell
ARNA, then eat pho [09:04 am] Mitch K: pho
is on chingo [09:06 am] Mitch K: hey
chingo, i take down ARNA chart now, you use
other chart ok? [09:12 am] Ed : nice one
on TEN joey [09:17 am] Ed : if u took TEN
long would reduce here nice call
joey [09:25 am] Ed : REGN nice bounce off
bottom [09:42 am] Ed : nice
murano [09:47 am] Mitch K: hey chingo,
what time and price you sell ARNA [10:10
am] Ed : nice on emurano on DOLE [10:14
am] Ed : SPY rejected by horizontal trendline
resistance [10:45 am] Mitch K: $659.89 at
10:23 am pacific on AAPL buy signal [10:33
am] Ed : SFLY [10:37 am] Ed : if u took
SFLY long would reduce [10:39 am] Ed : out
all SFLY long [10:42 am] Ed : just
monitoring GRMN for more selling [10:43
am] Mitch K: nice clean signal on the last
buy signal on AAPL, didnt trade it [10:43
am] Ed : AAPL trading @ hod [10:44 am] Ed
: or there abouts [10:44 am] Ed : 661.19
area?? [10:46 am] Mitch K: just got a sell
signal at 666.97 as i was typing [10:46
am] Ed : even better [10:47 am] Mitch K:
anything thats moving and esp with a lot of
volume, use Lightning for sure [10:48 am]
Mitch K: i think you want a “hit and run”
type of mentality using this tool.
mostly one trade at a time and not take 2nd
trade unless in first hour [10:49 am] Ed :
on CAS would see if they could push it to
14area and see how stock reacts to price at
that level. [10:51 am] Mitch K: this is
not a recommendation by showing you, just
reviewing AAPL [10:52 am] Mitch K: the
conclusion i have made on this is it gives
signals consistently that I hate to bet
against it. [10:53 am] Mitch K: lets say i
feel very uncomfortable, insecure actually,
to hold a position when a signal to close it
was issued. when i have an open
position and a signal comes up, especially on
a 2 min chart, i definitely take it [10:54
am] Mitch K: you can ignore a signal on a 1
min chart but i would advise not to ignore a
2 min signal for a closing trade
signal [10:55 am] Mitch K: thats not a buy
recommendation, just talking about a closing
transaction on a short [10:55 am] Mitch K:
ok, now, this trading action here in apple
that you see, is a consolidation. i would
expect a buy signal soon so if you are
short, you have to pay attention to this, i
have a little red flag in my mind that this
wants to move up [10:56 am] Mitch K:
thanks murano [10:56 am] Mitch K: getting
good sell signal on FLR for short [10:57
am] Mitch K: i have it set up to give me
multiple signals but i will have an
alternating buy sell buy sell signals on beta
version [10:57 am] Mitch K: ok see the
APPL stock, even i fight my own instincts
with a potential signal. [10:58 am] Mitch
K: halt on what eyes [10:58 am] Mitch K:
Lightspeed is very fast rusty, low cost
commissions, decent short inventory, rude
people, bad customer service [10:59 am]
Mitch K: no, you just try to short and get
message on a window [10:59 am] Mitch K: ok
thanks [11:00 am] Mitch K: i lost
power [11:01 am] Mitch K: test [11:02
am] Mitch K: rusty, lightspeed has good
customizable platform too, very easy to work
trades on fast trades [11:03 am] Mitch K:
but you will be wondering how they keep
customers by how they treat them, worst in
the business [11:05 am] Mitch K: getting
buy signal on AAPL mike regarding your
puts [11:24 am] Ed : if u took ANF short
would cover some here [11:25 am] Mitch K:
30 cents on P is 3% [11:25 am] Mitch K:
sell signal on P [11:26 am] Mitch K:
you’re on fire today mike [11:27 am] Mitch
K: was killer long entry [11:27 am] Mitch
K: anyone take that P short [11:27 am]
Mitch K: you must have gotten a lot of sleep
mike [11:28 am] Mitch K: this P move was
related to Apple speculation [12:12 pm] Ed
: SPY new lod [12:28 pm] Ed : nice bounce
in SPY [12:38 pm] Ed : monitor BIDU for
2morrow see if we get continued
weakness [12:40 pm] Ed : Im closing my
last 1/4 of CRM will not swing it [01:00
pm] Ed : have great evening traders [01:03
pm] Mitch K: later guys
| [06:15 am] khall : Good morning
everyone! [06:15 am] eddy : hi khall
good morning traders [06:16 am] eyes
: Good Morning Mitch and Everyone [06:17
am] joeytsa : good morning Mitch,
everyone [06:18 am] qwert : Good
morning everybody [06:18 am] apple :
good morning to all happy traders [06:18
am] apple : gm qwert [06:18 am]
apple : gm joey [06:18 am]
joeytsa : wholesale inv @ pdt, crude
inv @ 7:30pdt, 10yr bond auction
10pdt [06:18 am] qwert : gm
apple [06:18 am] apple : gm
eyes [06:18 am] apple : gm
eddy [06:18 am] apple : gm
khall [06:18 am] joeytsa : gap up :
FB [06:18 am] shark : left for dead,
JVA up 23% pre-mkt [06:18 am] apple
: gm shark [06:19 am] shark : gm
apple! 🙂 [06:19 am] joeytsa : gap
down: GCOM,XRTX,PCAR,VNR,NVO? [06:19 am]
skydiver : gm all [06:19 am]
joeytsa : nice on JVA shark..AAPL up
too [06:20 am] shark :
yeah… [06:20 am] mikewd2 -: good morning
traders [06:21 am] khall : LNKD up
premarket [06:21 am] apple : gm
mike [06:23 am] mikewd2 -: CIG continued
down from yesterday afternoon drop [06:25
am] mikewd2 -: gap up in YOKU [06:25 am]
eddy : hi appple [06:27 am]
qwert : gm ed [06:27 am]
cowboyh : gm Ed [06:27 am]
eddy : hi ed [06:28 am]
skydiver : gm Ed [06:28 am]
victor51 : good morning all [06:28
am] aussie123 : Apple..did you say you
had an $80 phone call to Canada…How long
did you talk? [06:29 am] apple : gm
sky [06:29 am] apple : gm
victor [06:29 am] apple : gm
cowboy [06:29 am] apple : gm
E [06:29 am] cowboyh : morning
sunshine [06:29 am] joeytsa : should
cause some action [06:29 am] shark :
thx,Mitch [06:33 am] skydiver : hey
apple 🙂 [06:33 am] qwert : CRM at
153 [06:35 am] mikewd2 -: RRC [06:36
am] mikewd2 -: SINA moving again
today [06:38 am] shark : watching
LEN for poss top [06:38 am] joeytsa
: watching LVLT for top [06:38 am]
joeytsa : didnt see Mitch’s
post [06:39 am] shark : nice one,
joey, Mitch LVLT [06:39 am] shark :
watching MNST [06:39 am] shark :
bouncing [06:39 am] shark :
MNST [06:40 am] mikewd2 -: watching
TSO [06:42 am] chinhngo : short jah
at 52.39 [06:43 am] skydiver :
watching CF [06:48 am] ben4givn :
mnst l @ 53.70 [06:48 am] shark :
MNST L 53.64 [06:50 am] khall : MNST
L 53.81 [06:51 am] khall : LQDT L
50.12 [06:52 am] mikewd2 -: TSO S
41.4 [06:54 am] khall : PCAR S
41.36 [06:57 am] skydiver :
monitoring BIDU [06:58 am] skydiver
: I went Long on BIDU 107.68 – [06:59 am]
skydiver : out 3/4 108.12 [06:59 am]
khall : ARGH stopped out of
MNST [06:59 am] skydiver :
BIDU [06:59 am] shark : ditto
khall [06:59 am] shark : another leg
down [06:59 am] joeytsa : MNST still
trying to bottom [07:00 am] ben4givn
: watching ddd [07:00 am] skydiver :
stopped out of last 1/4 BIDU [07:01 am]
skydiver : well BIDU was entertaining
for a moment [07:02 am] joeytsa :
thats a good term for it [07:02 am]
skydiver : 🙂 [07:02 am]
skydiver : made my palms sweat for a
moment [07:02 am] ben4givn : l ddd @
37.60 [07:03 am] mikewd2 -: watching
MLNX [07:04 am] shark : watching
KBH, LEN for poss top [07:04 am]
joeytsa : wholesale inv
disappoint 0.7% with 0.3%
forecast [07:05 am] mikewd2 -: Apple
forecast $1650 by 2015, lol [07:06 am]
mikewd2 -: TSO first was ok, +0.38 [07:07
am] mikewd2 -: TSO S 41.47, stop just over
41.50 [07:09 am] skydiver : S TSO
41.46 [07:10 am] ben4givn :
fslr [07:10 am] skydiver : nice
entry Mike on TSO S [07:11 am] mikewd2 -:
a bit of a gamble, but figured it had 41.50
as resistance [07:14 am] skydiver :
covered 3/4 TSO S 41.24 [07:14 am]
qwert : monitoring gcom [07:15 am]
mikewd2 -: MLNX at support pivot [07:15
am] mikewd2 -: out half TSO 41.10 [07:16
am] skydiver : nice Mike on
TSO [07:17 am] joeytsa : RIG spike
down [07:17 am] mikewd2 -: all out TSO
40.97 [07:18 am] khall : MNST trying
to bounce here [07:18 am] skydiver :
covered last piece of TSO 41.04 [07:18 am]
skydiver : thnx Mitch and Mike — still
need to hone in skills 🙂 [07:19 am]
mikewd2 -: out RRC +1.60 [07:20 am]
khall : nice trade mike [07:20 am]
joeytsa : nice trading mike [07:20
am] mikewd2 -: thanks, [07:20 am] mikewd2
-: MLNX still weak, didn’t short
though [07:21 am] mikewd2 -: PCAR short
not looking good, tightning stop [07:21
am] mikewd2 -: getting some consolidation
here [07:23 am] mikewd2 -: stopped on PCAR
S [07:24 am] joeytsa : crude inv in
about 5 minutes [07:25 am] rusty :
watching PPHM for another short swing….. no
rush [07:25 am] mikewd2 -: MLNX L
99.50 [07:25 am] rusty : CTIC s into
any bounce [07:26 am] mikewd2 -: got 99.36
actually [07:28 am] rusty : INTC
worth watching based on daily chart [07:31
am] mikewd2 -: stopped MLNX [07:31 am]
mikewd2 -: gasoline inventories down
1.2Mbbls [07:32 am] qwert : thx for
the update on swk mitch [07:33 am]
ben4givn : fdo [07:33 am] mikewd2 -:
should have took the RRC short after selling
long, dont’ think about that!! duh [07:34
am] mikewd2 -: SPY, russel lod [07:35 am]
chinhngo : bought more arna [07:35
am] qwert : nice [07:35 am]
skydiver : very nice Mitch [07:35
am] mikewd2 -: ARNA at resistance [07:36
am] rusty : FB Comscore data out this
morning shows first meaningful decline in
desktop unique visitors – down 6.1% vs last
year [07:36 am] rusty : June
& July were down 1% [07:37 am]
mikewd2 -: CLF at some support [07:39 am]
mikewd2 -: thanks Mitch [07:40 am]
skydiver : thnx Mitch – good
lesson [07:41 am] mikewd2 -: RRC still
selling off [07:41 am] mikewd2 -: as is
MLNX [07:43 am] mikewd2 -: Obama speaking
on attack on US embassy in Libya [07:43
am] rusty : CHK
http://seekingalpha.com/article/862461-why-ch
esapeake-may-be-headed-for-zero?source=email_
rt_article_title&ifp=1 [07:44 am]
rusty : PPHM hod [07:47 am]
eyes : BBL [07:50 am] victor51
: Ed, Missed long on CRM. Holding short @
154.34 [07:50 am] mikewd2 -: QCOR bounced
right off resistance pivot [07:51 am] Ed :
nice play victor [07:51 am] khall :
out MET L [07:51 am] mikewd2 -: great
entry victor [07:52 am] khall : LOL
– it did for me – thanks Mitch [07:53 am]
victor51 : Thanks Mike. OUt [07:56
am] victor51 : KHALL, Holding MET
long because SPY moving [07:57 am]
khall : good move … [07:58 am]
mikewd2 -: out half CLF L, +0.63 [07:58
am] mikewd2 -: moved stop to b/e [07:59
am] khall : great – 2% [08:00 am]
mikewd2 -: looking for 40.8 area on
CLF [08:00 am] khall : victor – you
were right on MET – good job [08:00 am]
mikewd2 -: moved stop to 40.4 1%
profit [08:01 am] victor51 : Nice
move Mike [08:04 am] eyes :
CHTR [08:04 am] victor51 : Thanks
khall, Mike [08:05 am] mikewd2 -: CHTR
nice uptrend on daily [08:06 am] mikewd2
-: thanks Mitch [08:07 am] mikewd2 -: MLNX
turning over again? [08:07 am] khall
: it looks like it may be mike [08:07 am]
mikewd2 -: just watching [08:07 am]
khall : couldn’t quite get up to
previous high [08:09 am] rusty :
CTIC coming to papa [08:09 am] rusty
: covered CTIC +.3 [08:11 am] rusty
: CNBC: As a hedge fund manager, if you
don’t own AAPL you are short AAPL [08:13
am] mikewd2 -: tired of CLF long, i’m out
40.65 [08:16 am] mikewd2 -: Michael Kors
about to be on CNBC [08:17 am] eyes
: CBT [08:18 am] scalpman : monitor
MNST for bounce [08:18 am] mikewd2 -:
great call on CHTR eyes [08:19 am]
scalpman : DHI falling [08:19 am]
apple : excellent CHTR eyes! [08:19
am] victor51 : EYES Nice
catch [08:19 am] scalpman : LM
double bottom [08:22 am] rusty : For
those so inclined ZERO is a good s [08:22
am] mikewd2 -: trying TSO S again [08:22
am] rusty : and its symbol is its
destiny [08:23 am] khall : LOL
rusty [08:23 am] apple : love
it! [08:23 am] rusty : if you
start it as a short, dont go all in at
once [08:23 am] rusty : keep powder
dry [08:24 am] apple : thx
rusty [08:25 am] rusty : think of it
as better than a CD without the risk of
keeping your money in the bank [08:25 am]
apple : gotcha [08:26 am]
khall : glad to know I wasn’t alone –
LOL [08:27 am] qwert : looks like
zero halted [08:28 am] rusty : its
trading [08:29 am] rusty :
CHESAPEAKE LOSES BID TO REVERSE TEXAS OIL,
GAS RIGHTS JUDGMENT [08:29 am] qwert
: zero [08:30 am] rusty : it’s
trading [08:30 am] rusty : not
halted [08:30 am] qwert : its not
trading on esignal chart [08:31 am]
qwert : now i see a trade [08:31 am]
apple : thx MK [08:32 am]
apple : agree MK, longer timeframe gets
rid of some of the noise [08:33 am]
qwert : TSO almost to triple
top [08:33 am] apple : nice
chart [08:34 am] qwert :
cool [08:34 am] apple : not
bad [08:35 am] qwert : ill take 2%
all day [08:35 am] khall : me
too [08:39 am] mikewd2 -: RRC bouncing off
resistance pivot [08:39 am] apple :
thx MK [08:39 am] apple : thx
mike [08:39 am] mikewd2 -: thanks mitch on
TSO, added to short [08:41 am] rusty
: PPHM coming to papa [08:51 am]
chinhngo : ARNA GO UP 8% TODAY SO
FAR [08:52 am] Ed : now u tell us
chin [08:52 am] rusty :
lol [08:52 am] mikewd2 -: nice chin, went
thru the resistance i was watching
earlier [08:53 am] Ed : and ur partner
mike, u guys like to make and keep all the
$$ [08:53 am] rusty : wo [08:53
am] rusty : chin and mike
partners? [08:53 am] mikewd2 -: haha Ed, i
was going to short it! [08:53 am] mikewd2
-: keep it clean rusty! [08:53 am] Ed :
wo man [08:54 am] Ed : i
say that when I fall, WO
MAN [08:54 am] qwert :
hahaha [08:54 am] eyes : USG
breaking out [08:56 am] eyes : i
know its not a big move but look at
15min [08:56 am] Ed : it broke out, nice
pattern recognition thats the key [08:57
am] apple : very good on ARNA [08:57
am] Ed : then u can apply it to stocks with
range and then my friend ur on to
something [08:57 am] qwert : wow
awesome move on arna [08:58 am] mikewd2 -:
covered half TSO S 41.16 from 41.46 [08:58
am] chinhngo : yes i bought more at
8.05 [08:58 am] chinhngo : for
arna [08:58 am] mikewd2 -: nice play on
the breakout [08:58 am] chinhngo :
thank mr mith for linning chart [08:58 am]
chinhngo : yes [08:59 am]
joeytsa : trader speak for
lightning [08:59 am] joeytsa :
🙂 [08:59 am] apple : showing it in
Lightning [08:59 am] chinhngo :
lightning chart [08:59 am] apple :
joey and i understand [08:59 am]
qwert : hahaha [08:59 am]
apple : lol [09:00 am] qwert :
nice trading chingo [09:00 am] khall
: they are smart that way [09:00 am]
chinhngo : thank [09:00 am]
apple : good one chingo [09:00 am]
Ed : nice going chin [09:01 am]
chinhngo : orange county of
california [09:01 am] apple :
haha [09:01 am] Ed : have to give nick
names for long names [09:01 am]
rusty : lol [09:01 am] apple :
lol [09:01 am] joeytsa : never would
have guessed that [09:01 am] qwert :
what part chingo [09:01 am] apple :
true E – too much to type [09:02 am]
chinhngo : no iam vietnamese [09:02
am] victor51 : Beautiful chart
Chin [09:02 am] rusty : i like
pho [09:02 am] scalpman : No shorts
on ARNA at TS [09:02 am] chinhngo :
pho is very commom food for
vienamese [09:02 am] apple : i like
summer rolls [09:03 am] rusty : very
common for new yorkers also [09:03 am]
mikewd2 -: i like the pot belly
pigs [09:03 am] joeytsa : no matter
where you are from/nationality..great trade
there [09:03 am] apple :
haha [09:03 am] Ed : lol [09:03 am]
apple : great traders all
around! [09:03 am] chinhngo : yes i
will sell some of them [09:04 am]
joeytsa : mike: MLNX seems to have
issues at $101 at the moment [09:04 am]
mikewd2 -: yeah watching it didn’t pull the
trigger though [09:05 am] joeytsa :
just saw it, was making higher lows at the
time [09:05 am] mikewd2 -: right [09:05
am] joeytsa : TEN trying to
bottom [09:06 am] apple :
lol [09:07 am] mikewd2 -: watching TSO,
quad top [09:07 am] mikewd2 -: coming off
higher low this time [09:08 am] mikewd2 -:
SHLD having nice day, hod [09:08 am]
mikewd2 -: will watch $60.00 [09:11 am]
rusty : Mitch, how come your verbage
sounds Chinese? [09:11 am] mikewd2 -: no
SHLD shares at TS [09:11 am] mikewd2 -:
just checking wasn’t looking at short
yet [09:12 am] rusty : TLT
lod [09:12 am] mikewd2 -: missed TEN at
30, nice call joey [09:13 am] rusty
: SHLD radar [09:16 am] apple : thx
rusty [09:18 am] mikewd2 -: no short
shares at etrade either for SHLD [09:18
am] Ed : its been almost a year since they
had short shares [09:19 am] rusty :
PUNL interesting chart [09:19 am] mikewd2
-: yeah, that’s what i was thinking
ed [09:19 am] mikewd2 -: when there is
easy money to be made, i never get short
shares! lol [09:22 am] Ed : notre dame
will join ACC will keep footballl
independent [09:23 am] Ed : I know how
does it help with trading, it keeps me
focused [09:24 am] qwert : haha i
have espn on too [09:24 am] apple :
you are allowed to have conversations with
yourself if that helps you! [09:24 am] Ed
: i just noticed i responded to
myself [09:24 am] qwert :
hahaha [09:24 am] apple : just like
yesterday [09:24 am] eyes : Watch
Hain Cup on 15 [09:25 am] Ed : bear cup
right eyes?? [09:26 am] apple : too
bad doji is not here – nice move on LEN
today [09:26 am] rusty : CTIC the
gift that keeps on giving [09:29 am] Ed :
“povery flat in the US but incomes drop” how
can that be [09:30 am] khall :
phoney baloney number crunching [09:30 am]
ben4givn : wealthy not quite as wealthy
maybe [09:30 am] rusty : poverty
rates higher than ever [09:31 am] Ed :
sure is, at this rate we may become 3rd world
if continues [09:33 am] apple : WYNN
moving today [09:33 am] rusty :
where is WYNN moving and why? [09:33 am]
rusty : it dont like Las
Vegas? [09:33 am] rusty : or
Macau? [09:34 am] apple :
lol [09:37 am] rusty : covered
SHLD+.4 [09:38 am] murano :
TMH [09:39 am] apple : thx
murano [09:46 am] ben4givn : out ddd
+.73 +1.9% took long time [09:46 am]
Mitch K: thanks murano [09:46 am] Ed :
nice patience ben4gvn [09:50 am]
chinhngo : when i saw sell signal at
your lightning chat at 8.67 [09:53 am]
mikewd2 -: anyone playing options on
AAPL? [09:54 am] apple : no
mike [09:54 am] mikewd2 -: i’m sure they
are expensive [09:58 am] khall :
okay, time to go for me – hopefully I’ll get
back in time for last hour. If not,
I’ll see you guys tomorrow [09:58 am]
mikewd2 -: actually 660 calls/puts are both
about 9 bucks. not as expensive as i
thought [09:59 am] mikewd2 -:
weeklies [10:00 am] apple : bye
khall, have fun [10:00 am] Ed : bye
khall [10:02 am] mikewd2 -: looked like
the calls were the way to go [10:03 am]
victor51 : See you later
khall [10:05 am] rusty : anyone here
use Realtick? [10:05 am] apple :
no [10:06 am] murano :
DOLE [10:06 am] mikewd2 -: nice one
murano [10:06 am] apple : good one
murano [10:07 am] Ed : hey mike no short
shares at TS [10:07 am] mikewd2 -: no
shares dole short at TS or ETRADE [10:07
am] mikewd2 -: yep [10:07 am] Ed : just
thought would save u the
aggravation [10:07 am] rusty : TOCHU
<8001.T> IS POISED TO BUY DOLE
FOOD CO’S <DOLE.N> GLOBAL
CANNED-FRUIT AND JUICE-BEVERAGE PROCESSING
OPERATIONS [10:08 am] chinhngo :
jah hod [10:10 am] mikewd2 -: they
give price rusty? [10:11 am] mikewd2 -:
MLNX getting higher hi’s off the
lod [10:12 am] eyes : there was at
IB out 18 profit WOW [10:13 am] mikewd2 -:
1800? [10:14 am] eyes : in my dreams
Mike 18 dollars [10:14 am] mikewd2 -:
haha [10:14 am] rusty : no price
mike [10:14 am] rusty : any of the
good traders here use Realtick? [10:15 am]
mikewd2 -: thanks rusty [10:18 am] mikewd2
-: Iphone5 thinner, bigger screen longer
battery life [10:19 am] mikewd2 -: Put in
AAPL 660, double of money 9.00 ->
4.50 [10:19 am] mikewd2 -: didn’t take it
just watched [10:24 am] rusty : DOLE
near hod [10:25 am] murano :
GMCR [10:27 am] mikewd2 -: AAPL sept 22
660 call in 7.45 out 8.2 [10:27 am]
mikewd2 -: finally made money on aaple,
haha [10:27 am] Ed :
yeaaaaaaahhhhhh [10:28 am] shark :
nice mike! 🙂 [10:28 am] apple :
very good mike! [10:34 am] apple :
wow [10:39 am] Ed : tank u bery bery
much [10:39 am] apple : thx
E [10:40 am] Ed : wish we could find 20 of
those per day [10:40 am] apple :
yup [10:40 am] qwert : that was
nicceeeeee [10:40 am] apple : very
quick [10:41 am] mikewd2 -: watching the
AAPL weekly puts 660 [10:43 am]
apple : beat me to it, E [10:44 am]
eyes : CAS [10:45 am] shark :
RBCN [10:45 am] mikewd2 -: CIG still very
weak [10:46 am] shark : Rubicon Tech
spiking after iPhone 5 camera reveals that it
uses shappire cyrstal display, RBCN makes LED
Sapphire crystals [10:46 am] mikewd2 -:
that’s when i bought the call [10:46 am]
mikewd2 -: nice Mitch, just bought
puts [10:46 am] Ed : mike is not
sharing [10:46 am] mikewd2 -: i
posted [10:47 am] mikewd2 -: said
watching, like you guys do! haha [10:47
am] Ed : psoting is one thing, sharing is
another [10:47 am] mikewd2 -:
gotya [10:47 am] Ed : nice call though
mike [10:47 am] apple : rules is
rules [10:48 am] shark : is
rules [10:48 am] apple :
ditto [10:49 am] eyes : ok [10:49
am] shark : PNRA pocket pivot vol and
base breakout to new high [10:50 am] Ed :
thx shark [10:50 am] apple : thx
shark [10:52 am] apple : smart guy
MK [10:52 am] mikewd2 -: come to papa
AAPL [10:54 am] apple : understood,
makes sense [10:55 am] mikewd2 -: thanks
Mitch [10:56 am] murano :
ANF [10:56 am] rusty : Anyone here
recommend Lightspeed? [10:57 am]
murano : I use Lightspeed
Rusty. [10:57 am] rusty : ANF – GS
advisor [10:57 am] apple : i
switched to TradeStation [10:57 am]
rusty : mur – how do you like them
? [10:58 am] murano : I like
it [10:58 am] rusty : how about
their borrows? limited/ [10:58 am]
rusty : ? [10:58 am] eyes :
halt [10:58 am] murano : They don’t
have every nshort but most [10:59 am]
qwert : anf halted [10:59 am]
rusty : how do you request borrows with
LS? can you IM them? [11:00
am] mikewd2 -: out AAPL puts, wow! [11:00
am] rusty : anyone have a broker who
has IM? [11:01 am] murano : Some
hshorts have fees associated with them.
They have alist and the amount [11:01 am]
qwert : u passeed mk [11:01 am] Ed :
stepped away, is that cicruit breaker halt on
ANF? [11:01 am] rusty :
yes [11:01 am] qwert : i think so
ed [11:01 am] Ed : thx rusty [11:01 am]
rusty : thx mur, mitch [11:02 am]
apple : E you are not allowed to leave
your station without permission
first! [11:02 am] Ed : ok [11:02 am]
apple : lol [11:03 am] murano
: Rusty, in the level one area
Lightspeed lets you know if it is
shortable [11:04 am] mikewd2 -: TSO still
falling [11:04 am] rusty : TSO one
of the best channeling stocks around
lately [11:04 am] mikewd2 -: been really
good rusty [11:05 am] chinhngo :
short flr at 57.23 [11:06 am] eyes :
that halt messed up my charts on
ninja [11:07 am] mikewd2 -: back in aaple
call [11:09 am] mikewd2 -: covered the
put, back in the call [11:10 am] mikewd2
-: crap, actually bought the put again!
mistake. [11:10 am] shark : may
swing back, mike [11:10 am] shark :
got 2 days [11:11 am] mikewd2 -:
dang. [11:11 am] mikewd2 -: put in DOLE
working also [11:11 am] mikewd2 -: since
no short shares [11:12 am] shark :
🙂 [11:12 am] apple : good one
mike [11:12 am] mikewd2 -: learning from
you shark! [11:14 am] shark : iphone
5 $199 (16gb) nice… [11:14 am] mikewd2
-: anyone short on ANF? [11:14 am] Ed :
shorted 1st drop for quick .70 [11:14 am]
apple : nimble [11:17 am]
shark : GRMN moving on AAPL
news [11:17 am] shark : of
maps [11:17 am] chinhngo : buy cover
flr at 57.03 thank mr MITCH [11:18 am]
shark : awesome chinhngo! [11:19 am]
mikewd2 -: covered aaple put, got lucky on
that one [11:19 am] chinhngo : just
200.00 enough to eat pho [11:19 am]
joeytsa : P a bit toppy? [11:19 am]
shark : great, mike [11:19 am]
murano : P [11:19 am] shark :
watching P [11:21 am] mikewd2 -: come to
papa ANF [11:23 am] mikewd2 -: CIG
bouncing [11:25 am] apple : thx
E [11:25 am] joeytsa : IOC nice run,
might pull back here [11:25 am] mikewd2 -:
out ANF short, 38.46 covered 37.85 [11:26
am] apple : thx joey [11:27 am]
mikewd2 -: unbelievable day Mitch,
thanks [11:27 am] joeytsa : great
job mike !!! [11:27 am] apple :
fantastic mike [11:28 am] mikewd2 -: no P
shares at TS or etrade [11:34 am]
joeytsa : P pulled back to pivot, not
sure its a trade though [11:37 am] mikewd2
-: covered ANF a bit too early, need
lightning — lol [11:38 am] victor51
: Thanks RustyANF [email protected]. Still
in [11:38 am] mikewd2 -: really good
trading victor [11:38 am] Ed : nice going
victor [11:38 am] victor51 :
Trailing. Thanks [11:39 am] rusty :
nice work vic [11:39 am] apple :
great job victor [11:39 am] rusty :
vic the trading machine [11:39 am] mikewd2
-: aaple providing really nice bounces in the
calls and puts. [11:39 am] rusty :
SFLY radar [11:39 am] mikewd2 -: out
latest put [11:39 am] rusty : V
bounce [11:39 am] mikewd2 -:
+0.50 [11:40 am] rusty : Mitch, can
you put SFLY on lighting please? [11:40
am] rusty : V bouncers perfect for
lightning [11:41 am] eyes :
CPL [11:41 am] rusty : TSO
lod [11:41 am] rusty : NUS
radar [11:41 am] mikewd2 -: anf [11:41
am] victor51 : ANF below 50
mva [11:41 am] mikewd2 -: sorry wrong
window [11:42 am] rusty : guess
Mitch is with doji [11:42 am] rusty
: at “company picnic” [11:43 am]
joeytsa : IOC made that
pullback [11:44 am] eyes :
ELP [11:47 am] rusty : A wild
pursuit of bank robbers across Southern
California has come to an end with the
capture of two men who had hurled cash out
the windows during the chase. [11:47 am]
rusty : hmmm, doji not here
today [11:47 am] mikewd2 -: on business
for 2 weeks, rusty [11:47 am] rusty
: so he says [11:47 am] rusty :
“business” [11:47 am] joeytsa : yeah
he’s doing a bunch of travelling..with prince
harry 🙂 [11:47 am] mikewd2 -:
trip [11:47 am] rusty :
lol [11:48 am] apple :
haha [11:48 am] joeytsa : calendar
shoot [11:48 am] rusty : Played
strip backgammon [11:48 am] rusty :
with harry [11:48 am] joeytsa :
rusty: lightspeed is decent, charting is
weak [11:49 am] joeytsa : but its
usable, esp if you trade by price..doesnt
have all the bells/whistles like TS [11:50
am] mikewd2 -: watching for apple call
re-entry [11:50 am] victor51 :
Closed ANF short $1.50 Thank you
everybody [11:51 am] joeytsa :
things i like best on lightspeed over TS
are L3, L2 box shows if stock is
shortable/halted,has a cb..risers/fallers
list is good too [11:51 am] joeytsa
: great job victor [11:51 am]
victor51 : Joey do you use both
lightspeed and TS?? [11:51 am]
joeytsa : yeah, and schwab [11:52
am] victor51 : Wow. What do you like
about schwab?? [11:52 am] joeytsa :
not much haha [11:52 am] mikewd2 -: run
apple run [11:52 am] rusty : TSO
nlod [11:52 am] joeytsa : its just
where i had an account set up a long time
ago..still have it, and they are coupled with
optionsxpress also [11:53 am]
victor51 : I have oldact at
schwab [11:53 am] qwert : Monitoring
vmc [11:54 am] joeytsa : victor: i
use my schwab SSE account for stocks with
news, i keep a list of biggest gainers up,
and also 5min charts so i dont have to switch
much on TS/LS [11:54 am] apple :
gotta go, be back in a little while [11:54
am] joeytsa : walk safe 🙂 [11:54
am] qwert : bye apple [11:54 am] Ed
: c ya apple [11:55 am] joeytsa :
also, lightspeed will sometimes have shorts
that TS/schwab wont have [11:56 am]
joeytsa : and if i see that LS doesnt
have a short available, i dont even waste my
time looking at the other 2 [11:57 am]
victor51 : Thanks Joey. How many
laptops do you have in use [11:58 am]
joeytsa : 2 laptops each with dbl
monitors, 1 desktop with 1 monitor and then
my trading computer with 6 23#
screens [11:58 am] joeytsa : mainly
use the trading computer…others are for
quick checks here and there [11:58 am]
aussie123 : I hope MK patented that
thing…Apples new connector is called
LIGHTNING [11:58 am] rusty : joey:
and 12 other monitors for otb [11:59 am]
rusty : 🙂 [11:59 am] joeytsa
: 🙂 [11:59 am] joeytsa : rusty, if
i could bet from my computer it would be
great [11:59 am] joeytsa : but in NV
you cant, so i have to call in each bet..pain
in the butt [12:01 pm] joeytsa :
tighten IOC if long [12:01 pm]
victor51 : Joey you mean 23″
monitor [12:02 pm] eyes : mrge
alert [12:02 pm] joeytsa : yes
victor, i have 6 23″, 2 20’s, 1 22″,and
the 2 laptops..15″ i think [12:02 pm]
victor51 : OK Joey [12:02 pm]
joeytsa : AAPL pulling back [12:03
pm] eyes : very low priced [12:03
pm] joeytsa : ES keeps making lower
highs on the 1min [12:09 pm] eyes :
Good Lick everyone see you all
manana [12:09 pm] eyes :
luck [12:09 pm] Ed : c ya eyes [12:10
pm] qwert : hahaha cya
eyes [12:10 pm] victor51 : ANF
reversal, crossing 50 mva [12:14 pm]
mikewd2 -: DOLE, said no deal on sale
yet. [12:16 pm] joeytsa : AAPL
running into downtrend [12:16 pm]
joeytsa : downtrend resistance i
mean [12:17 pm] mikewd2 -: that’s better
joey, just bought call [12:17 pm]
joeytsa : only better if it breaks
above 🙂 [12:17 pm] mikewd2 -:
yep [12:18 pm] joeytsa : good thing
is you have a 50/50 chance haha [12:18 pm]
mikewd2 -: stochastics been pretty true on
it [12:18 pm] joeytsa : better get
at least 8/5 on that horse haha [12:21 pm]
joeytsa : MNST trying to hold only
$51 [12:38 pm] joeytsa : BIDU has
been a dog lately [12:38 pm]
victor51 : Ed, Is Bidu broken
now? [12:39 pm] joeytsa : if it
loses $100, it might get really
ugly [12:39 pm] mikewd2 -: closed aaple
660 call in 5.1 out 7.45 [12:39 pm] Ed :
still in downtrend vic [12:39 pm]
joeytsa : decent one mike [12:40 pm]
mikewd2 -: yeah 2350 just on that
one [12:40 pm] joeytsa : $
$ [12:40 pm] mikewd2 -: hard not to watch
the money on that [12:40 pm] joeytsa
: i always watch the money [12:41 pm]
mikewd2 -: done with apple today [12:41
pm] Ed : as long as it does not affect ur
trading its alright [12:41 pm]
joeytsa : very true [12:41 pm]
joeytsa : money is just how i keep
score 🙂 [12:42 pm] Ed : great way to put
it [12:42 pm] mikewd2 -: then i’m winning!
as charlie sheen puts it [12:42 pm]
joeytsa : i use money more as a target
as opposed to saying ” i have to make this
much or that much” [12:43 pm] Ed : right
thats where traders run into trouble when u
try to make the trade or make x $ [12:44
pm] mikewd2 -: your right Ed [12:44 pm]
mikewd2 -: when you watch the money, you see
indicators a bit different also [12:44 pm]
joeytsa : right, and for me, i usually
have an exit target so the $ figure is an
automatic for me [12:45 pm] victor51
: Mike, Nice call on AAPL [12:45 pm]
mikewd2 -: yeah been a money maker [12:46
pm] Ed : yep nice trading mike and leave
money for room on ur way out this
eve [12:46 pm] mikewd2 -: would buy the
put, but too late and I’m not holding
overnight [12:55 pm] victor51 :
Bought AAPL small qty for overnight [12:55
pm] mikewd2 -: stock? [12:56 pm]
victor51 : Yes . We may have good news
from AAPl and bernake [12:57 pm] mikewd2
-: news is out on aaple [12:57 pm] Ed :
they go hand in hand [12:57 pm] mikewd2 -:
apple hod [12:57 pm] victor51 : CEO
is coming back again CNBC [12:57 pm]
mikewd2 -: glad i didn’t do the put –
haha [12:58 pm] victor51 : spy
moving [12:58 pm] joeytsa : Good
news + qe3 = ES 1500 🙂 [12:59 pm] mikewd2
-: bad news = ? [12:59 pm] joeytsa :
hmmm [12:59 pm] Ed : pack ur bags and head
to cuba [12:59 pm] qwert :
hahaha [12:59 pm] mikewd2 -:
nice [12:59 pm] joeytsa : bad news +
qe3 = just under 1500?? [01:00 pm]
victor51 : Joey, Makes sense [01:00
pm] ben4givn : bye all [01:00 pm]
joeytsa : just a guess victor [01:00
pm] shark : thx guys! [01:00 pm]
qwert : bye everybody [01:00 pm]
mikewd2 -: haha, cu tmrw guys [01:01 pm]
joeytsa : Thanks Mitch,Ed,traders..time
to leave Jurassic Park 🙂 [01:01 pm]
qwert : hahaha [01:01 pm]
shark : lol [01:02 pm] joeytsa
: the music, not because of anyones age
🙂
|