[06:15 am] Kris : Kris : Good Morning
Traders
[06:16 am] Kris : Kris : DV, PWE, SAPE, RAH,
DSX and IPHI on the short side
[06:16 am] Kris : Kris : I do that too joey
but I trade gaps a little differently
depending on the setup.
[06:16 am] Kris : Kris : this morning I’m
watching EXK, MJH, MAKO, ORLY, JWN, RBS,
SODA, JOYG and YOKU as possible long trade
setups
[06:20 am] Brent : Brent : good morning
[06:23 am] Kris : Kris : Do we have any new
members to the trading room?
[06:24 am] Kris : Kris : I’ll be teaching
Gaps and Breakaways
[06:24 am] Kris : Kris : welcome back
traveling trader
[06:29 am] Kris : Kris : Stay focused
[06:29 am] Kris : Kris : Time to Rock! Let’s
make some money!
[06:31 am] Kris : Kris : FFIV long half
[06:31 am] Kris : Kris : SODA long half
[06:32 am] Kris : Kris : out half SODA
long
[06:32 am] Kris : Kris : SNDK long half
[06:32 am] Kris : Kris : SPY new hod[06:33
am] Kris : Kris : EDU long half
[06:33 am] Kris : Kris : watch 119 on SPY,
strong resistance as we move up into it
[06:34 am] Kris : Kris : out half EDU long
[06:35 am] Kris : Kris : URBN long half
[06:37 am] Kris : Kris : RIMM short half
[06:38 am] Kris : Kris : watching SINA for a
long reversal
[06:39 am] Brent : Brent : watching HAL for a
bounce
[06:39 am] Kris : Kris : LNKD long
[06:39 am] Kris : Kris : SPY trying to find
support, no love yet
[06:40 am] Kris : Kris : CIEN short half
[06:41 am] Kris : Kris : BIDU long half
[06:41 am] Kris : Kris : SODA trying to hold,
look for new hod breakout once we find
support in the SPY
[06:43 am] Kris : Kris : FFIV long second
half
[06:43 am] Kris : Kris : out half RIMM
short
[06:43 am] Kris : Kris : SNDK trying to push
new high against the market, could stay
strong today
[06:45 am] Kris : Kris : NVDA long half
[06:45 am] Kris : Kris : starting to see some
buyers coming in here
[06:47 am] Kris : Kris : BIDU new hod[06:47
am] Kris : Kris : out half FFIV long, looking
for new hod breakout on second half
[06:49 am] Kris : Kris : VMW long half
[06:50 am] Kris : Kris : out another 1/4 SNDK
long
[06:50 am] Kris : Kris : RIMM acting a little
manic
[06:51 am] Kris : Kris : JNPR is a long over
22.15 but I want some consolidation before
the break
[06:52 am] Kris : Kris : I’ll short RAH under
75.93
[06:52 am] Kris : Kris : SPY coming back down
to test lod support
[06:53 am] Kris : Kris : RIMM breaking new
lows
[06:53 am] Kris : Kris : TZA long half
[06:54 am] Kris : Kris : no stopped out long
gone neuronx[06:57 am] Kris : Kris : FO long
half
[06:57 am] Kris : Kris : SNDK staying
strong
[07:00 am] Kris : Kris : long second half
TZA
[07:02 am] Kris : Kris : ULTA short half
[07:04 am] Kris : Kris : out half TZA long
[07:06 am] Kris : Kris : RAH breaking
support
[07:07 am] Kris : Kris : there she goes
[07:08 am] Kris : Kris : watch that overhead
trendline resistance on SPY
[07:10 am] Kris : Kris : URBN setting for a
long reversal
[07:11 am] Kris : Kris : CTSH long
[07:13 am] Kris : Kris : seeing some buyers
coming back here
[07:15 am] Kris : Kris : markets still
looking sickly
[07:15 am] Kris : Kris : SPY breaking new
lod[07:17 am] Kris : Kris : are we barracking
support again?
[07:17 am] Kris : Kris : WPRT short half
[07:18 am] Kris : Kris : gotta love that
TZA
[07:18 am] Kris : Kris : out half ULTA
short
[07:18 am] Kris : Kris : what a money
machine
[07:19 am] Kris : Kris : how are you losing
money on RIMM rawdawg?
[07:19 am] Kris : Kris : it was a short
[07:19 am] Kris : Kris : now is the time to
start watching TNA for a bounce soon.
[07:19 am] Kris : Kris : starting to get a
little extreme here
[07:22 am] Kris : Kris : gotcha doji[07:22
am] Kris : Kris : ok doji, I’ll disregard
your posts
[07:23 am] Kris : Kris : just thought you
might have jumped in early
[07:23 am] Kris : Kris : no worries
[07:24 am] Kris : Kris : start small on
TNA
[07:24 am] Kris : Kris : TNA long small
[07:25 am] Kris : Kris : adding more long
TNA
[07:25 am] Kris : Kris : mike you dog
[07:26 am] Kris : Kris : out half TNA long
[07:29 am] Kris : Kris : I’m still seeing
sellers, not committed to this rally
[07:29 am] Kris : Kris : moving up stop on
second half TNA 40.97
[07:30 am] Kris : Kris : make sense?
[07:30 am] Kris : Kris : now we’ll watch for
consolidation off the lows then we will look
back at TZA for a possible long.
[07:30 am] Kris : Kris : stocks making new
lows doji[07:30 am] Kris : Kris : yes
rawdawg, on my second half
[07:32 am] Kris : Kris : TZA, look for
consolidation and then a breakout to new high
to take long, that is the inverse of the weak
bounce in the SPY and a breakdown to new
lod.
[07:33 am] Kris : Kris : hard to short
and…
[07:33 am] Kris : Kris : you can start
averaging into one while still being in the
other trailing a stop without having to exit
on the same account.
[07:34 am] Kris : Kris : SPY coming into
trendline resistance here
[07:34 am] Kris : Kris : you can start small
on TZA on a pullback into support and then
add more on the breakout. but start small
and stop if it fails support.
[07:36 am] Kris : Kris : relative to the
market, yes NVDA is holding up.
[07:41 am] Kris : Kris : TZA starting to
build here, I like this price action.
[07:51 am] Kris : Kris : it wasn’t dream
short setup but I was looking for anything I
could find when the market kept crapping it’s
pantsuit.
[07:51 am] Kris : Kris : RIMM was breaking
prev day low, market kept making new lows and
there was enough money to support for profit
taking.
[07:52 am] Kris : Kris : 44.96 lara[07:52 am]
Kris : Kris : I like 45.00 support
[07:52 am] Kris : Kris : I still think this
is going higher
[07:56 am] Kris : Kris : ok, now is the time
for TZA if she’s gonna do it. looking for it
to happen in the next 5-10 minutes
[08:04 am] Kris : Kris : my stop is under
44.96, I’m adding a little here.
[08:05 am] Kris : Kris : stopped TZA
[08:22 am] Brent : Brent : i think this
market is very dangerous time to be long or
short overnight
[08:22 am] Brent : Brent : this is from
Mitch
[08:23 am] Brent : Brent : this from Mitch
too, look at the way the market wont even
respond to good news for more than an hour.
it’s a day traders market right now
[08:31 am] Kris : Kris : ARMH long half
[08:32 am] Kris : Kris : RAH looks like it
could go higher soon.
[08:32 am] Kris : Kris : SPY slowly
approaching hod[08:36 am] Kris : Kris : CTSH
new hod[09:00 am] Brent : Brent : SPY looking
to test hod[09:02 am] Kris : Kris : out half
ARMH long
[09:10 am] Kris : Kris : see if spy can hold
the trendline support and run up through
118.60
[09:27 am] Kris : Kris : ARMH testing
hod[09:36 am] Kris : Kris : for about 30-40
cents. I’ll pass.
[09:36 am] Kris : Kris : NTAP looks ok
[09:40 am] Kris : Kris : out another 1/4 ARMH
long
[09:43 am] Kris : Kris : not a bad idea
coming up rawdawg[09:43 am] Kris : Kris :
wait for a bounce off support
[09:44 am] Kris : Kris : NTAP ALERT
[09:44 am] Kris : Kris : NTAP ALERT
[09:44 am] Kris : Kris : yes rawdawg[10:01
am] Kris : Kris : I don’t see any short in
SNDK
[10:02 am] Kris : Kris : the hardest part
sometimes is knowing when not to trade.
[10:02 am] Kris : Kris : yes sonorant.
diminishing returns.
[10:03 am] Kris : Kris : SPY acting like it
wants to make a new hod soon. still holding
trendline and not pulling back much.
[10:58 am] Brent : Brent : SPY testing
trendline support
[11:05 am] Kris : Kris : gonna make another
new high
[11:05 am] Kris : Kris : SPY pushing
hod[11:06 am] Kris : Kris : held that
trendline[11:39 am] Brent : Brent : SPY still
holding trendline[11:40 am] Kris : Kris :
break time. be back in 30 minutes
[11:56 am] Brent : Brent : SPY new hod[12:33
pm] Brent : Brent : HGSI alert
[12:37 pm] Kris : Kris : look at SPY
resistance from 9/8
[12:58 pm] Kris : Kris : Those not wanting
any hitchhikers coming home with you should
close the last of your trades here in the
next minute.
[12:59 pm] Brent : Brent : have a good night
everyone, see you in the morning
[01:00 pm] Kris : Kris : Good night everyone.
See you all tomorrow morning.
[01:02 pm] Brent : Brent : too much sugar
today Ronfrac?
[01:02 pm] Brent : Brent : What did you need
Kisa?
|
[08:17 am] sonorant : Ohhhh.. good lesson
in stops
[08:17 am] ronfrac : TZA starting to look
good
[08:17 am] doji : Kris, another
consolidation in TNA/TZA war?
[08:18 am] mikewd2 -: stopped at 78 on RAH,
very nice profit
[08:18 am] lara : TNA breakout from
consolidation coincided with Bloomberg report
that China willing to buy EU bonds.
[08:18 am] joeytsa : great trade mike !!!
[08:18 am] doji : And Raw, always have an
stop, about 1% and not round numbers is
advised
[08:19 am] swingtrader : NVDA nice call
Kris
[08:19 am] swingtrader : now is dropping
[08:19 am] joeytsa : back just in time to
see your post
[08:20 am] sonorant : Doji, mike are you
guys in TZA, and if so, what are your
stops?
[08:21 am] mikewd2 -: i see more strength in
the market than the rest i guess –
[08:23 am] derns : Brent..he said that in
the video last night…it certainly feels
like an uncertain time to hold anything
[08:25 am] sonorant : I’m just trying to
work with the TZA/TNA indicators today…
[08:29 am] sonorant : Doji, didn’t you say
yesterday, that following a 2 minute chart
and the stochastic 10-6-4- you had around 80%
success on trades with TZA/TNA?
[08:29 am] rusty : WAHUQ alert
[08:30 am] sonorant : Thanks doji, that is
an important point!!!!
[08:30 am] rusty : SVM
[08:30 am] rusty : Silvercorp Responds to
Second Anonymous Allegation and Provides
Government Certification of Taxes Paid
[08:30 am] doji : Yes, and only entered my
orders when the indicators are below the 20
(oversold)
[08:30 am] doji : So you followed that
Sonorant?
[08:31 am] sonorant : Sounded like a good
strategy., thanks — just starting to try
it.
[08:31 am] sonorant : I wanted to play with
it today.
[08:31 am] mikewd2 -: Kris, could you comment
on RAH
[08:31 am] doji : So did it work?
[08:32 am] mikewd2 -: ok, going long again on
it
[08:32 am] mhaus : STMP short?
[08:35 am] sonorant : tza[08:35 am] mikewd2
-: on what stock sonorant?
[08:35 am] sonorant : thanks mike,
interestingly the 7-14-3 stochastics have
crossed, but the 10-6-4 have not….
[08:36 am] sonorant : you, were looking at
RAH, weren’t you?
[08:36 am] mikewd2 -: yep
[08:37 am] mikewd2 -: but waiting on it
[08:38 am] mhaus : watching UAL
[08:42 am] doji : If you see TZA, in the
10-6-4 stochastics are pointing up in line
with the price
[08:43 am] doji : Trial and error, use what
works for you Sonorant
[08:43 am] doji : 2min charts
[08:43 am] doji : in the 14-7-3 it’s still
flat
[08:44 am] sonorant : Doji, I am looking at
2 minute charts, but 7-14-3, not 14-7-3, also
looking at 10-8-7. Changing the numbers
makes a BIG difference in what you see!!
[08:44 am] ronfrac : 20 minutes to news
release from Major European countries
[08:44 am] doji : absolutely
[08:44 am] sonorant : Plus looking at your
10-6-4
[08:45 am] doji : 10-8-7 seems to react to
late sonorant
[08:45 am] sonorant : The 7-14-3 generates
LOTs more buy signals — of a more dubious
quality it is seeming….
[08:46 am] doji : It gave the but signal at
11:40 while the 10-6-8 gave it at 11:32
[08:47 am] sonorant : are you eastern
time?
[08:48 am] sonorant : Okay, doji, but
neither of those meet the criteria of being
under the 20% line, do they?
[08:48 am] lightning : wow, I’ve had a
problem with Lightspeed and just got it
resolved. Missed the first half of the day.
Finally ready.
[08:48 am] doji : Yeap[08:49 am] sonorant :
Hmmm, I am in Ninja T. Not good, these
discrepancies
[08:49 am] doji : I am using TOS just in
case
[08:49 am] sonorant : In fact the 10-6-4
seems to have a much harder time getting the
“smooth” line into the extreme ranges
[08:49 am] doji : the 10-6-4 signal was
below the 20% line sonorant
[08:51 am] sonorant : I will double check
[08:51 am] doji : I use full stochastics
with K period =10, d period = 6, slowing
period =4
[08:52 am] doji : RAH in an uptrend
[08:54 am] apple : coming up on noon
reversal
[08:59 am] mhaus : ITMN
[08:59 am] lightning : TWC spike, but still
needs to move more
[08:59 am] lara : doji, I do not see a way
to enter the slowing period on the TOS full
stochastics[09:00 am] lara : never mind, I
found it
[09:01 am] rawdawg6914 : should we maybe get
in on tza?
[09:01 am] doji : Ypu have to scroll down
below the “price c” lara[09:02 am] qwert :
kris tgt for armh?
[09:03 am] qwert : thats what i thought
28.65 area armh[09:03 am] qwert : i do
eyes
[09:03 am] lightning : eyes, I use
macd[09:03 am] eyes-inthenow : if yes what
settings
[09:03 am] eyes-inthenow : any one use
macd[09:04 am] sonorant : Doji, okay, thanks
for specifying the D and K values. In Ninja
Trader, in the indicator set up, the sequence
of the list is D-K-smoothing. You are
sequencing your list K-D-smoothing. I have
just checked 3 books, and I cannot determine
which is standard. One of the books I
looked at really bashes the stochastic.
[09:04 am] Kris : good job qwert, you were on
it
[09:04 am] qwert : 12,26,9 on macd[09:04 am]
lightning : I use the default: 12, 26, 9,
C
[09:05 am] sonorant : When I changed my set
up to match yours (though it reads 6-10-4 on
my chart, not 10-6-4), then I get the picture
you described!!!
[09:06 am] sonorant : This can be very
confusing for everyone. Thanks for the
details.
[09:07 am] rawdawg6914 : spy pulling back or
getting ready to flip?
[09:07 am] lightning : OK, eyes, I’ll give
it a try
[09:07 am] lara : To confuse things more, on
Lightspeed the three settings are %K, %K, and
%D
[09:07 am] eyes-inthenow : lightning and
qwert have you ever tried the 9-18-1 setting
check it out
[09:08 am] joeytsa : yes lara..confusing at
times huh
[09:09 am] rawdawg6914 : so wait for it to
hit there before i grab my TZA?
[09:09 am] lara : Be best, I think, if SPY
bounces off that 118.6 line
[09:09 am] doji : sonorant, give me your
e-mail and I’ll send you the definition of
each parameters from the TOS Help library
[09:09 am] lightning : eyes, why do you like
the 9, 18, 1 setting on MACD?
[09:10 am] eyes-inthenow : I got that
Setting from The ultimate Day Trader Book
[09:10 am] derns : this guy (Bass) on CNBC
has an interesting view on the Greece-Germany
stand off
[09:11 am] joeytsa : eyes: is there a reason
given in that book for those setting?
[09:12 am] lara : The 9 is %D?
[09:12 am] joeytsa : is that the book by
bernstein?
[09:12 am] eyes-inthenow : I am just
Checking it out
[09:13 am] qwert : eyes its certainly more
sensitive.
[09:13 am] joeytsa : got crummy reviews on
amazon
[09:13 am] eyes-inthenow : yes a really good
book
[09:19 am] doji : SNDK dropping
[09:21 am] doji : SNDK L
[09:21 am] doji : stop at 41.9
[09:21 am] doji : 42.10
[09:22 am] doji : Sonorant on this I used my
stochastics setting with 2min chart. I used
the 1min tp place my order
[09:22 am] doji : SNDK
[09:23 am] doji : Have to go for lunch, will
put a trail stop on SNDK
[09:28 am] monster : ntap[09:28 am] lisas :
If we can keep pushing up, I should do OK
[09:32 am] monster : kris, thought on NTAP
bounce
[09:36 am] joeytsa : BIDU..last 3 highs were
lower, just something to watch
[09:36 am] doji : I am back, had a quick
lunch… SNDK going well. yes!
[09:37 am] joeytsa : 95 on my chart
[09:37 am] doji : Do you see the stochastics
above the 80% overbought
[09:38 am] doji : Thanks Joe, that will make
my day
[09:38 am] doji : Now full K is at 80% so
I’ll watch to close SNDK in the next minutes
[09:37 am] joeytsa : nice call doji[09:39
am] sonorant : Yes, the quick line is above
the 80%, the slow line is just getting
there.
[09:39 am] mhaus : look at TNA go
[09:39 am] joeytsa : do a close up of from
your buy area to now
[09:40 am] sonorant : Doji, before they
actually cross?
[09:40 am] joeytsa : the 3 red bars from
12:27-29, all inside that big green bar at
12:26..beautiful
[09:40 am] doji : Yes Sonorant
[09:41 am] sonorant : joey, which stock?
[09:41 am] sonorant : Ah yes, and it is
showing red
[09:41 am] joeytsa : that last red bar being
a hammer
[09:41 am] joeytsa : on SNDK, doji’s
trade
[09:41 am] joeytsa : i didn’t trade it, just
looking at it…
[09:41 am] doji : I am closing SNDK here
[09:42 am] joeytsa : doji go in at 42.10, i
would have waited until 42.20 probably
[09:42 am] rawdawg6914 : I’m thinking of
grabbing tza long, good or bad idea?
[09:42 am] doji : From 42.1 to 42.64… on
SNDK… thanks Mitch for insisting in looking
at the indicators
[09:43 am] sonorant : Yes, I remember that
day. You did it, and I got sidetracked!!
[09:43 am] doji : No yet Raw, indicators
still pointing down
[09:44 am] rawdawg6914 : should i wait for a
few?
[09:44 am] rawdawg6914 : ok will do
[09:44 am] monster : nice ntap bounce
[09:44 am] joeytsa : you did a little
gunslinin’ but it worked nice job
[09:44 am] joeytsa : SNDK was textbook tech
analysis
[09:44 am] doji : I agree Joey
[09:45 am] swingtrader : NTAP long or shor
?
[09:45 am] sonorant : Joey, just found the
candles you were pointing out. Thanks.
[09:45 am] Kris : too late itacher, not here
buddy
[09:45 am] joeytsa : i would have waited for
price confirmation, both worked, you had a
better price
[09:46 am] lara : CIEN takeover talk
[09:46 am] joeytsa : there’s a term for
those 3 candles
[09:47 am] mhaus : watching SQNS
[09:47 am] joeytsa : rising 3, or something
like that
[09:47 am] doji : The other reason I close
SNDK was the overhead resistance at 42.7
[09:48 am] sonorant : Oh yes, big picture, I
see that, good point.
[09:48 am] rawdawg6914 : its testing
[09:48 am] joeytsa : played like a
piano..nice[09:48 am] doji : S SNDK 42.6
[09:48 am] doji : stop at 42.9
[09:49 am] joeytsa : I’m printing that chart
off tonight for my study book
[09:50 am] joeytsa : doji, did you go short
on SNDK?
[09:50 am] joeytsa : 🙂 how did i guess
that
[09:50 am] doji : Yes
[09:51 am] doji : I based my S on the
overhead resistance and the fact that
stochastics was reversing
[09:51 am] doji : Moving my stop at 42.5
[09:52 am] joeytsa : me 2, just stopped ith
25cent profit
[09:52 am] joeytsa : lowered my stop too low
maybe
[09:54 am] swingtrader : market is setting
up for a good short just my opinion
[09:54 am] swingtrader : Dogi are you
trading TZA
[09:54 am] joeytsa : i got out early, had a
futures trade going at the same time
[09:54 am] doji : SNDK
[09:54 am] doji : Here she goes
[09:54 am] doji : 1/2 limit order at 42,3
[09:54 am] doji : Need to break 42.4
[09:55 am] swingtrader : long
[09:55 am] joeytsa : on a different
computer..just used a cookie cutter
approach
[09:55 am] doji : Moved my stop at 42.4
[09:56 am] sonorant : there’s a volume
spike
[09:56 am] sonorant : itacher, doji is
short
[09:56 am] joeytsa : stopped with a 3 tick
ES profit, tried to ride it for more
[09:56 am] doji : 1/2 out SNDK
[09:57 am] sonorant : Good trade doji,
thanks for the lesson.
[09:57 am] rawdawg6914 : i got out at a 2$
loss cause of my commission
[09:57 am] doji : Many thanks dear SNDK
[09:57 am] doji : stopped the second 1/2 at
32.4
[09:58 am] doji : However, if you see the
stochastics are still pointing down
[09:58 am] doji : typo mistake above
42.4
[09:58 am] swingtrader : I think the trade
was 42.10 long and sell at 42.60 very tide
trade no
[09:59 am] joeytsa : it’s a blessing to be
able to trade
[09:59 am] doji : Yes Swing L 42.1 to
42.64
[09:59 am] doji : S 42.6 to 42.3
[10:00 am] swingtrader : then the short if
any i think was 42.70 and cover 42.10 re
testing the long red candle stick kris was
[10:00 am] swingtrader : kris where would
you short SNDK
[10:00 am] doji : I’ll see what the price
will be when the slow D hits 20%
[10:01 am] swingtrader : and long
[10:01 am] doji : It’s too late for SNDK
Swingy
[10:02 am] swingtrader : I just asking where
would you be long after 12pm And now just
comparing for me to make my diary
[10:02 am] sonorant : won’t the swings just
get smaller, though, typically?
[10:02 am] doji : OK, the slow D hit the 20%
when the price was at 42.25
[10:03 am] sonorant : So, doji, you think
you should have waited for the D to hit
20%?
[10:03 am] sonorant : It would have worked
in this case.
[10:03 am] lara : Amen on that!
[10:04 am] sonorant : smart. thanks.
[10:04 am] doji : Typically I will but with
the market in uptrend line I decided to take
profits
[10:05 am] sonorant : Thanks Kris.
[10:05 am] joeytsa : historically,
pre-election year is the strongest of the 4yr
cycle, not so much this year
[10:05 am] joeytsa : haven’t had a losing
pre-election year since 1939
[10:05 am] doji : and in addition the Short
was just a “bonus” to the previous low
[10:06 am] joeytsa : markets on a tightrope
when looking at the %30week and the nyse
bpi….
[10:06 am] doji : Will take SNDK L here
[10:06 am] doji : just for practicing
[10:06 am] doji : in SIM with TOS
[10:07 am] rusty : SQNS radar
[10:08 am] swingtrader : rusty SQNS is a
short?
[10:08 am] joeytsa : coiled spring, just not
sure of direction..gonna keep watching
[10:08 am] doji : Sonorant did you get my
e-mail?
[10:09 am] sonorant : Yes I did, many
thanks.
[10:09 am] shark : yes swingtrader[10:09 am]
doji : Wait a little bit Swingy
[10:10 am] swingtrader : Doji waiting for
that long reversal red candle
[10:12 am] swingtrader : over bought
[10:12 am] doji : YEs but look at your
stochastics… you won’t get your entry right
at the top but at least on the reversal
[10:12 am] doji : SQNS is too strong so
don’t expect a significant pullback
[10:14 am] swingtrader : is strong
[10:14 am] stevemld : FFIV on a nice three
day run
[10:14 am] rawdawg6914 : why is everything
so slow now?
[10:15 am] lisas : mid day is usually slow
unless there is a news event
[10:15 am] joeytsa : yep..east coast
lunch
[10:15 am] Brent : volume and volatility
slows down rawdog. Good ideas are harder to
come by after about the first 2 hours
[10:16 am] sonorant : So if you look at the
SQNS stochastics, it doesn’t really look
like there was a good entry point today….
and yet it has run up all day.
[10:16 am] shark : WOW!
[10:16 am] rusty : low volume market day as
well
[10:16 am] rawdawg6914 : that sucks, does it
pick back up later?
[10:16 am] monster : esrx[10:16 am] joeytsa
: should pick back up around 11:30
[10:19 am] ronfrac : Lower highs for RUT
TQQQ,TNA
[10:20 am] rawdawg6914 : should i grab some
TZA or something?
[10:20 am] rawdawg6914 : ok
[10:20 am] joeytsa : i don’t see it yet
dawg[10:20 am] doji : Sonorant, in an
uptrend the stochastis will reverse when
there is a small pullback
[10:20 am] doji : so these pullbacks are
good entry points like in the case of SQNS
during the day
[10:21 am] rusty : OXGN halt
[10:21 am] doji : Sonorant, remember the
trend is your friend
[10:21 am] sonorant : So like at 12:34-12:38
your time on SQNS
[10:22 am] ronfrac : Lower highs on TNA
RUT,TQQQ,NDX
[10:22 am] Kris :
http://www.marketwatch.com/story/sequans-lte-
technology-approved-by-chinas-miit-2011-09-14
?reflink=MW_news_stmp
[10:22 am] joeytsa : exactly doji…easier
to swim with the current
[10:23 am] stevemld : FFIV toppy
[10:23 am] rawdawg6914 : whichever way it
goes it should go pretty fast and hard
[10:23 am] rawdawg6914 : it looks like the
pressure is building
[10:24 am] sonorant : Thanks Kris, no wonder
SQNS is on a run up
[10:24 am] rusty : OXGN resumes
[10:24 am] rawdawg6914 : I’m gonna hop into
tza if it hits 44.45
[10:24 am] monster : oxgn[10:26 am]
swingtrader : I love those charts Sonorant
to short is just me .. when the go up like
that some time gravity hit this high flying
stocks un less it hits the ozone area when
they star floating lol[10:28 am] swingtrader
: they should came down I always picture
Mitch what he would do if he traded this
stocks for example
[10:29 am] swingtrader : I think he would
wait to stop going up before star turning
down .. some time I talk at loud to myself to
remind me
[10:29 am] joeytsa : BIIB running to
hod[10:31 am] derns : BBY jumped
[10:33 am] lara : Here’s the SPY
consolidation I’ll bet Kris has been waiting
for….
[10:35 am] rusty : AZO new all time highs
[10:36 am] rusty : SQNS small dip
[10:36 am] joeytsa : UA running too
[10:37 am] swingtrader : rusty let see hou
it acts with the market braking up
[10:38 am] doji : TZA setting for L
[10:38 am] doji : if the market reverses
[10:39 am] Kris : The Trend is Your Friend
[10:40 am] rawdawg6914 : holy crap I’m mad
at myself, i stayed out of this one cause i
wasn’t convinced, AHHHHHHH
[10:40 am] Kris : I think there is plenty of
opportunity both long and short intraday
[10:40 am] Kris : I think he’s talking about
swings
[10:40 am] doji : Oh swings. I got you
[10:40 am] doji : Kris, Mitch was saying
that there is too much negativity in the
market to go long. What do you think?
[10:41 am] rawdawg6914 : do you think TZA is
gonna have a bounce off this by the end of
the day?
[10:41 am] joeytsa : i agree with Mitch on
swings at the moment
[10:41 am] doji : Yes, thanks
[10:41 am] doji : Thanks Brent
[10:41 am] Brent : He said swings Doji[10:42
am] trvlntrdr : Europe is going to crack and
hurt us too. its not priced in all the way
yet
[10:42 am] joeytsa : doji..something’s gonna
give soon
[10:43 am] swingtrader : Brent I think they
have to bring price up little more so when
gravities hits they all fall like dead
Bird..
[10:44 am] swingtrader : watching SQNS
[10:44 am] rusty :
http://my.jetscreenshot.com/demo/20110914-car
a-153kb.jpg SPY
[10:44 am] rawdawg6914 : was there some news
or something that put the spy up .40 in 5
min?
[10:44 am] joeytsa : also its triple
witching this week
[10:44 am] doji : I was looking at TZA
[10:45 am] swingtrader : rusty spy looks
very bullish
[10:46 am] rusty : Paris
[10:46 am] Kris : where were you at 3 days
ago rusty?
[10:59 am] rawdawg6914 : TZA time now?
[10:59 am] rawdawg6914 : or close at
least
[10:59 am] doji : No, we missed our chance
at 43.5….
[11:02 am] rusty : CLWR sudden pop
[11:05 am] rawdawg6914 : double bottom on
the tza?
[11:06 am] doji : no yet Raw, let’s wait a
little longer
[11:07 am] swingtrader : i have not made one
trade today I am frustrated
[11:07 am] rawdawg6914 : yea I’m seeing that
now lol[11:07 am] rawdawg6914 : I’m so wrong
all day today
[11:08 am] rawdawg6914 : i made 3 and lost
every time lol[11:08 am] rawdawg6914 : 3
round trips i mean
[11:09 am] rawdawg6914 : right now just a
web broker from quest trade
[11:09 am] rawdawg6914 : but this room is in
firefox[11:09 am] Kris : what platform are
you using rawdawg6914?
[11:11 am] rusty : sounds like an
oxymoron
[11:11 am] rawdawg6914 : i signed up for the
active trader platform today but it doesn’t
take effect till tomorrow
[11:11 am] Brent : is that Fidelity
rawdawg?
[11:12 am] rawdawg6914 : nope
[11:12 am] rawdawg6914 : no its quest trade,
it’s from canada[11:12 am] Kris : that’s
still a little high
[11:12 am] Kris : Fidelity?
[11:12 am] Kris : do you have day trader
status minimum balance requirements?
[11:12 am] rawdawg6914 : 4.95 per trade
[11:13 am] rawdawg6914 : it’s a 3 to 1
margin account and i have 1400$ cash balance
in there, so you can see what im working with
haha[11:13 am] rawdawg6914 : I’m not working
with very much at all, but if i put any more
in then it will be scared money and well
every book I’ve read said that’s the worst
thing you can do
[11:13 am] Kris : cash only?
[11:14 am] rawdawg6914 : yep
[11:14 am] rawdawg6914 : i started with
1000$ at td waterhouse but they wanted 9.95
per trade
[11:14 am] rawdawg6914 : been doing it for a
month lol[11:14 am] lara : You can daytrade
with a $1400 account in Canada?
[11:15 am] swingtrader : Hey guys any good
ideas..
[11:15 am] rusty : Fidelity not that good
for trading but has excellent charting
[11:15 am] rawdawg6914 : i bought the
TC2000
[11:15 am] rawdawg6914 : but then i switched
over here for half commissions and now i can
make 20$ here 20$ there and gradually grow
instead of waiting for 4% and more
[11:15 am] lara : I can only do 3 daytrades
every 5 trading days.
[11:16 am] rawdawg6914 : i have unlimited
trades, the only thing i can’t do is make
option contracts without having 10000$ in the
account
[11:18 am] Kris : looks toppyish, should I
short it here?
[11:18 am] rusty :
http://www.foxbusiness.com/markets/2011/09/14
/more-charges-coming-in-big-insider-trading-p
robe/?te
[11:22 am] rusty : SQNS hod[11:25 am] lara
: TZA bouncing off LOD, for whatever that is
worth.
[11:25 am] doji : The trend is your
friend
[11:27 am] doji : Greece to remain in Euro
Zone agreed France and Germany…. lol[11:28
am] lara : Like they had a choice!
[11:28 am] doji : Tomorrow news
[11:28 am] doji : and that is the reason of
the rally?
[11:29 am] Kris : will remain
[11:29 am] doji : Greece default, Greece to
be kicked out of the Euro Zone agreed France
and Germany
[11:29 am] doji : and the market rally
again!
[11:30 am] Kris : In a joint statement in
Paris and Berlin, French President Nicolas
Sarkozy and German Chancellor Angela Merkel
also said they were convinced Greece’s future
is in the euro zone.
[11:31 am] derns : I’m afraid that statement
will come back to haunt them and the
market…I can only envision an eventual
departure by Greece…per Kyle Bass…game
theory brings you back to that conclusion.
[11:33 am] stevemld : FFIV making new highs
while SPY falling
[11:34 am] doji : SPY is not falling, just
correcting Derns[11:35 am] stevemld : fallen
30 cents last 15 minutes
[11:35 am] derns : I think that was
Stevemld[11:37 am] derns : still following
BBY…looks like it is consolidating for a
burst through 24..that’s my
uneducated/inexperienced view only
[11:46 am] doji : SQNS will be a good short
in the next days
[11:47 am] rawdawg6914 : omg why does
everything slow down when i buy any kind of
stake in it gahhhh that’s annoying lol[11:47
am] doji : *x volume today
[11:47 am] apple : thx K and B and everyone
– gotta pick up my son from school – have a
wonderful evening, all. See you tomorrow
[11:48 am] rusty : SQNS new hod[11:49 am]
swingtrader : Rusty are trading SQNS
[11:49 am] randall : anyone see sqns; woops
you got it Rusty
[11:49 am] rusty : SQNS 50d ma = 9.19
[11:56 am] doji : ACOM flying [11:53 am]
randall : no shorts on lightspeed sqns[11:53
am] lightning : watching ACOM for a possible
short…I’d like to see it hit 29.60 first
[11:56 am] shark : oh yeah…
[11:56 am] doji : Are you long Shark?
[11:57 am] rawdawg6914 : should i let my TNa
ride?
[11:57 am] rawdawg6914 : im at a .60 gain so
far
[11:57 am] doji : acom 29.6 Light
[11:58 am] rusty : LNKD : Confirmation that
CEO of Linkedin is on CNBC tomorrow AM , been
talk out there they will announce a deal with
Facebook.
[11:58 am] mikewd2 -: WLT having a nice
run
[11:58 am] mhaus : ATHN
[12:02 pm] rawdawg6914 : out of TNA .90+
[12:02 pm] lara : Good job, Dawg!
[12:02 pm] Brent : nice rawdawg[12:03 pm]
sonorant : good for you
[12:03 pm] rawdawg6914 : usually other
traders should be telling each other off but
this is different
[12:03 pm] rawdawg6914 : thanks
[12:03 pm] rawdawg6914 : prolly should have
waited a bit more but gonna play it safe
after this morning haha[12:03 pm] rawdawg6914
: i like this chat room a lot, you guys are
so nice
[12:03 pm] mhaus : great job Raw
[12:03 pm] joeytsa : there ya go dawg[12:04
pm] rawdawg6914 : yea i like it a lot, i
think I’m going to stay for the long haul
[12:04 pm] rawdawg6914 : I’m hoping that
there’s gonna be a real life seminar soonish
tho, i would love to have an excuse to go to
vegas haha[12:04 pm] joeytsa : great place
here dawg[12:04 pm] joeytsa : everyone here
is learning/helping
[12:04 pm] joeytsa : bouncing ideas
etc[12:05 pm] rawdawg6914 : yea, and there
is actual good advice flowing too
[12:05 pm] rawdawg6914 : like, i never knew
about TNA or TZA being connected to the SPY
before yesterday when i came in here
[12:05 pm] mikewd2 -: i think we are the etc.
garyb[12:05 pm] lightning : I liked this
ACOM short, but it is working against me. S
at 29.60
[12:05 pm] doji : Yeap[12:05 pm] doji : In
addition to the nice people like Doji,
Swingy, Apple, Candelas, etc… you have also
Kris and Brent
[12:06 pm] rawdawg6914 : what’s everyone
watching now?
[12:06 pm] rawdawg6914 : nice
[12:06 pm] mikewd2 -: WLT has been very good
to me last two days
[12:06 pm] mikewd2 -: was gone for a couple
hours, bought WLT 83.30 just dumped 85.58
[12:06 pm] lightning : nice mike
[12:07 pm] sonorant : anybody — thought on
shorting ACOM?
[12:07 pm] mhaus : Brent, think the market
could hold up? I know Mitch was very
skeptical about the market.
[12:07 pm] lightning : watching ACOM drop to
29.20 (hopefully)
[12:08 pm] rawdawg6914 : acom is sitting at
29.70 isnt it?>
[12:08 pm] doji : Won’t short anything for
now
[12:08 pm] doji : The trend is your
friend
[12:08 pm] doji : The question is: will the
market find its top today?
[12:09 pm] rawdawg6914 : I’m not sure, this
whole greece thing still has me nervous
[12:09 pm] rawdawg6914 : i did
[12:09 pm] mikewd2 -: wow, didn’t realize the
market was up so much
[12:09 pm] mikewd2 -: garyb, you making money
on TNA?
[12:09 pm] mhaus : TZA breaking all support
levels
[12:09 pm] mhaus : they are seeing some
things that I don’t
[12:09 pm] lisas : mhaus, market is very
news drive right now, but what we are seeing
right now is some serious buying. Bonds are
headed down today, so who knows
[12:09 pm] lightning : stepping aside on
ACOM short.
[12:09 pm] garyb : nice nice nice[12:09 pm]
doji : I’m getting green
[12:09 pm] doji : I only see green, green,
green, green, green, green, green, green,
[12:10 pm] rawdawg6914 : I’m out now
tho[12:10 pm] mikewd2 -: looks like i missed
some nice runs
[12:10 pm] joeytsa : the ES just pushed over
1190
[12:10 pm] garyb : it was a rough morning
man……down by 4
[12:10 pm] garyb : geez…..coming back from
the depths of hell Mike! lol[12:10 pm] garyb
: but the sun is shining again Mike!
[12:10 pm] doji : Good for the longs
[12:10 pm] doji : ACOM correcting
[12:10 pm] mikewd2 -: i had a good morning,
5/5
[12:11 pm] swingtrader : wow I did not chat
a bit of it juts in NVDA
[12:11 pm] swingtrader : this such a bull
day
[12:11 pm] rawdawg6914 : i lost on rimm, TZA
and TNA this morning mike, i was chasing the
market, stupid of me
[12:11 pm] mikewd2 -: what did you lose
on?
[12:11 pm] lisas : same here garyb[12:11 pm]
lisas : recovered losses and all stops at a
profit now.
[12:11 pm] joeytsa : thumbs up lisa 🙂
[12:11 pm] joeytsa : nice mike…you’re
having a great week
[12:11 pm] rawdawg6914 : lol i was 0/3 till
the tna i just grabbed
[12:12 pm] rawdawg6914 : yea i thought it
was gonna bounce back up but i was wrong
[12:12 pm] rawdawg6914 : it was my own
fault
[12:12 pm] mikewd2 -: sorry to hear raw, but
rimm looked weak as you tried for longs.
[12:12 pm] mikewd2 -: I’m still long APA and
RAH from this morning
[12:13 pm] mikewd2 -: RAH second helping
[12:14 pm] rawdawg6914 : I’m wondering if
spy is gonna tip and bring TZA up today or
not
[12:14 pm] mikewd2 -: every oil related stock
looks the same way up up up[12:14 pm] mikewd2
-: bet with the market raw
[12:15 pm] rawdawg6914 : yea I’m gonna wait
till it crosses the line but its going pretty
high for a crappy week
[12:15 pm] rawdawg6914 : it’s gotta correct
itself, but i could be wrong, i have been 3/4
times today haha[12:15 pm] lightning : ACOM
now on the way down.
[12:17 pm] mikewd2 -: i took my profits on
SLB, yes holding APA to closer to 100. still
holding CJES and WFT
[12:17 pm] hawaii : hey mikewd2 I’m in SLB
and ESV are you going to swing oil for a
couple days
[12:18 pm] sonorant : I have the ACOM
short
[12:18 pm] rusty : INTU radar
[12:18 pm] mikewd2 -: i really like CJES for
a long term own, not normal swing.
[12:18 pm] hawaii : thanks
[12:19 pm] rawdawg6914 : what do they do?
with this new infrastructure bill road
builders should do pretty good
[12:20 pm] mikewd2 -: frac[12:22 pm]
rawdawg6914 : I’m debating jumping back into
tna[12:22 pm] mikewd2 -: need some bad news
to reverse this market, need some
volatility!
[12:23 pm] rawdawg6914 : till that happens
I’m not gonna touch it
[12:23 pm] rawdawg6914 : i was, but in order
for it to go back up the spy has to break the
trend line
[12:23 pm] mikewd2 -: thought you were
looking at tza, raw?
[12:23 pm] lightning : OK sonor, here is
where ACOM needs to make it through 28.50.
[12:23 pm] joeytsa : all of these smiles on
cnbc will be frowns on the next bad day
[12:23 pm] doji : Is it was Friday I’d bet
daytrades would take profits before the
market closes
[12:24 pm] swingtrader : ACOM very strong up
trend
[12:24 pm] sonorant : Lightning, I sold my
ACOM short at 29.53. just watching now.
[12:24 pm] shark : all the sellers have the
left the building
[12:24 pm] doji : I’ll get mad and put my
whole account in long swings to see what
happens tomorrow…. lol[12:25 pm]
rawdawg6914 : haha that’s what i do every
day, not get mad but my whole account goes
into every trade i do, all 1400$ of it
[12:25 pm] mikewd2 -: Brent, wonder if Mitch
still has the same opinion as 8:23 message
this morning.
[12:26 pm] sonorant : I remembered to look
at the indicators — I held on until the K
line got to the bottom — didn’t wait for the
D line to cross.
[12:26 pm] Brent : I’m sure he does mikewd2,
but I haven’t heard from him lately
[12:27 pm] shark : no regrets rawdawg!
[12:27 pm] rawdawg6914 : well once again i
didn’t get in and I’m regretting it
[12:27 pm] rawdawg6914 : but id rather be
out of a stock and wishing i was in that in a
stock and wishing i was out haha[12:27 pm]
mikewd2 -: ok, i certainly wasn’t expecting
this big of rally today.
[12:28 pm] shark : just have to look at what
signals may have gotten you in that you
didn’t see today
[12:28 pm] mikewd2 -: thinking about taking
my 401k to the sidelines for a while
[12:29 pm] rawdawg6914 : lol no i meant
every signal was there for me to buy it but i
didn’t, cause I’m an idiot second guessing
myself from this morning
[12:30 pm] rawdawg6914 : i need to get the
mental game back together
[12:31 pm] rusty : lol kris[12:31 pm] pow :
Mike, did you play tna today?
[12:31 pm] Kris :
http://www.youtube.com/watch?v=H9kpTvm6CYA&am;
p;amp;feature=related[12:31 pm] mikewd2 -:
3/3 this morning
[12:32 pm] swingtrader : Kris do you see
anytime soon the spy going to 13000
[12:32 pm] rusty : “Is TNA a good buy
here?”
[12:32 pm] rawdawg6914 : I’m making that a
link for me to watch when i second guess
myself
[12:32 pm] rawdawg6914 : HAHA was that aimed
at me Kris?
[12:32 pm] mikewd2 -: RAH wants to bust out,
i just know it
[12:32 pm] lisas : lol Kris
[12:32 pm] Kris : not aimed at any person
[12:32 pm] Kris : no
[12:32 pm] Kris : may god have mercy on your
soul
[12:32 pm] Kris : lol[12:32 pm] Kris : just a
funny clip
[12:32 pm] doji : lol[12:38 pm] rawdawg6914
: yea, is that gonna stop us from going
higher?
[12:38 pm] lightning : covered 1/2 ACOM
short 29.38
[12:38 pm] Kris : we’re a little overextended
here and we’re coming into resistance with
about 20 minutes to the close.
[12:38 pm] Kris : see that previous high
resistance we’re coming into?
[12:39 pm] sonorant : you held on and did
better than me lightning.
[12:39 pm] rusty : Cramer going to be
bullish tonite[12:39 pm] rawdawg6914 : you
had to say that after i got into tna[12:39
pm] rawdawg6914 : lol[12:39 pm] Kris : not a
good place to jump in long imho[12:39 pm]
doji : RAJ
[12:39 pm] doji : RAH
[12:40 pm] rawdawg6914 : good time to get
into TZA?
[12:40 pm] doji : I won’t trade anything
now
[12:41 pm] shark : some profit taking
here…
[12:41 pm] mikewd2 -: going into a little TZA
until close
[12:41 pm] Kris : +270 not a good spot in the
range for longs
[12:42 pm] shark : good for you TZA
mikewd2
[12:42 pm] rusty :
http://my.jetscreenshot.com/demo/20110914-sta
i-136kb.jpg everyone bearish 3-4 days ago,
now everyone bullish
[12:42 pm] rawdawg6914 : in tza 41.47
[12:42 pm] mikewd2 -: TZA l 41.30
[12:42 pm] mikewd2 -: had not traded that one
today, figure it was due
[12:43 pm] rusty : those SPY daily candles
are huge compared to avg trading range
[12:43 pm] qwert : hey eyes your tza is
looking good
[12:43 pm] lisas : I suspect when Mitch did
the newsletter, he didn’t expect this much of
an up day. Action is strong, but 3 up days in
a row is a consideration.
[12:44 pm] shark : in spirit only
[12:44 pm] rawdawg6914 : who’s in TZA with
me?
[12:44 pm] mikewd2 -: you can smell the
profit taking
[12:44 pm] mikewd2 -: only bought half
position, dang it
[12:44 pm] ghaziar : Just exchanged TNA for
TZA .
[12:45 pm] swingtrader : who call Acom[12:45
pm] Kris : well done
[12:45 pm] Kris : see you tomorrow joey
[12:45 pm] Kris : nothing wrong with reducing
your risk in a late day trade like that
mike
[12:45 pm] joeytsa : nice one mike
[12:45 pm] joeytsa : I’m out, you guys have
a great day..thanks Brent,Kris traders
[12:45 pm] doji : Just looking at it Raw
[12:46 pm] lightning : did you get ACOM
swingy?
[12:46 pm] Kris : matt, you have a good
day?
[12:46 pm] doji : SPY at support line
[12:46 pm] doji : ACOM good S
[12:46 pm] lightning : out another 1/4 ACOM
short. mmmm-good
[12:47 pm] lightning : Kris, yes, but I
missed the first half of the day due to
Lightspeed issues. Once that was resolved it
was slow. But up is UP baby
[12:47 pm] Kris : lightspeed has been having
some issues lately
[12:48 pm] swingtrader : I missed it
[12:48 pm] mikewd2 -: out 41.92
[12:49 pm] shark : out so quick dawg?
[12:49 pm] rawdawg6914 : yea I’m not holding
it over night
[12:49 pm] rawdawg6914 : it just jumped
.50
[12:49 pm] rawdawg6914 : 2 in a row
lol[12:49 pm] rawdawg6914 : +.60
[12:49 pm] garyb : tough to do it when you
work
[12:49 pm] garyb : Geez…..had to go to a
meeting….missed selling at the top but it
hit my stop and made $$….if you can only
trade then it’s so much better
[12:49 pm] eyes-inthenow : Qwert how about
that move in TZA
[12:50 pm] rawdawg6914 : you did better than
me mike
[12:50 pm] mikewd2 -: out 42.92, 0.78 – not
bad
[12:50 pm] garyb : nice mike!
[12:50 pm] rawdawg6914 : i was in at 41.47
and out at 42.07
[12:51 pm] swingtrader : ACOM wow
[12:51 pm] rusty : 100 points off Dow
high
[12:51 pm] rawdawg6914 : should a shorted
acom i guess lol[12:51 pm] rawdawg6914 :
nice
[12:51 pm] mikewd2 -: 0.62 41.3 41.92
[12:52 pm] rawdawg6914 : oh, 3 min today
[12:52 pm] rawdawg6914 : i feel like such a
noob, what do you mean by time frames?
[12:52 pm] randall : you traded that well
raw
[12:52 pm] randall : great work raw. What
time frames are you trading tna and tza? I
think 5min is best
[12:52 pm] randall : 3min 5min etc.
[12:52 pm] mikewd2 -: thinking about holding
until tomorrow, but then there is Mitch’s
statement about carryovers
[12:52 pm] mikewd2 -: finally getting the
move up on RAH
[12:52 pm] lightning : covering my last bit
of ACOM here. ka-Ching.
[12:52 pm] doji : Anyone S SQNS?
[12:53 pm] rawdawg6914 : i profited on 2/5
today
[12:53 pm] swingtrader : everybody selling
don’t want to hold anything over night
[12:53 pm] rawdawg6914 : yep
[12:53 pm] rawdawg6914 : thank you very
much
[12:53 pm] rawdawg6914 : ended up .5% in the
positive
[12:53 pm] randall : on tza and tna?
[12:53 pm] randall : nice work. You did
well
[12:53 pm] randall : hopefully, i can do
some of that tomorrow. Take it!
[12:53 pm] mikewd2 -: RAH sold,
[12:53 pm] mikewd2 -: only APA
[12:53 pm] garyb : Mike are you holding TNA
overnight?
[12:53 pm] garyb : (i know…Mitch’s videos
are scary)
[12:54 pm] sonorant : lightning, how did you
know to hang on to ACOM through the bumpy
stretch?
[12:54 pm] rawdawg6914 : yep
[12:54 pm] rawdawg6914 : thanks brent[12:54
pm] rawdawg6914 : not by much tho, like 8$
lol[12:54 pm] rawdawg6914 : after
commissions and screw ups from this
morning
[12:54 pm] randall : were you a net
winner…you answered that already
[12:54 pm] Brent : nice recovery red
dawg[12:55 pm] sonorant : great job mike
[12:55 pm] rawdawg6914 : wow very nice
mike
[12:55 pm] randall : i think that last rush
would have been worth a decent position size.
Believe it or not, I actually told someone at
the market top that this could sell off 100
pts. Didn’t'[t profit from it though!
[12:55 pm] mikewd2 -: not quite as good as
monday, but awesome day 12/12 no losers
today
[12:55 pm] mikewd2 -: and i was gone 3
hours
[12:55 pm] Kris : take care hawaii[12:55 pm]
hawaii : thanks Brent Kris Mike and everyone
have a great night
[12:56 pm] rusty : TNA buyers all in hiding
now?
[12:56 pm] rusty : 140 points off Dow
high
[12:56 pm] rawdawg6914 : that’s what
matters
[12:56 pm] rawdawg6914 : at least you know
you were right tho[12:56 pm] randall : great
work mike. what did you trade?
[12:56 pm] randall : being right on a guess
doesn’t make any money, just a hunch.
[12:56 pm] mikewd2 -: seeing the charts very
clear – owe it all to TSA
[12:56 pm] lisas : Good job mike,wish I
could say the same, but did end up hitting my
profit target thanks to big run up today
[12:56 pm] lightning : Thanks TNA and
everyone. See you Friday (not trading
tomorrow…playing in golf tournament).
[12:57 pm] sonorant : It is a discipline.
[12:57 pm] rawdawg6914 : you were still
right tho[12:57 pm] rawdawg6914 : haha i
spose[12:57 pm] randall : nice mike. you are
doing something right
[12:57 pm] mikewd2 -: TNA (3 times), TZA, RAH
(3 times), WLT (2 times) HAL (2 times
[12:57 pm] mhaus : Good Night all. Talk to
you all tomorrow.
[12:57 pm] lisas : bye lightning
[12:57 pm] Kris : good luck matt. we’ll have
to play sometime.
[12:57 pm] garyb : Mike man..you rock
[12:57 pm] garyb : I screwed up the open
[12:57 pm] doji : I mean even if I don’t
profit as expected
[12:57 pm] doji : I feel better when I trade
based on the indicators even if the trade is
not great
[12:58 pm] mikewd2 -: yes, doji – been
studying the wizard course and trying to
follow what Kris, etc are trying to teach
us.
[12:58 pm] lisas : then got hit by that euro
news
[12:58 pm] lisas : same here gary
[12:58 pm] lightning : sounds good Kris.
Thanks Lisa$
[12:58 pm] garyb : Yes lisas…it was
tough…I thought it was have started
strong
[12:58 pm] garyb : it was a tough one
[12:58 pm] garyb : but the strength was
delayed
[12:58 pm] doji : Mike, all based on
Indicators?
[12:59 pm] sonorant : interesting strategy
mike. early morning can be really hard for
me.
[12:59 pm] mikewd2 -: biggest change was not
jumping on the first trades of the morning. I
passed on several of Kris’s picks early.
[12:59 pm] lisas : yes, hit my daily profit
target, you?
[12:59 pm] garyb : Did you recover Lisas?
[12:59 pm] doji : Yes Mike, I am doing the
same, the only problem I really have is at
the opening
[12:59 pm] doji : I need to ask Mitch how to
trade de Gaps during the webinar
[01:00 pm] rusty : gn everyone and thx
[01:00 pm] ronfrac : What a good day. I got
behind $550 by 11AM and worked my way back to
a $12 proffit AFTER comm. Just kept trading
TNA and TZA
[01:00 pm] garyb : Thank goodness broke just
about even
[01:01 pm] Brent : what do you need Kisa?
[01:02 pm] stevemld : tomorrow guys hope
everybody made good money
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