[06:10 am] Ed : good morning
traders
[06:32 am] Mitch K: watching NSC
for bottom, take time
[06:32 am] Mitch K:
watching ENDP for bottom
[06:32 am] Mitch
K: watching WM for bottom to buy
[06:32
am] Mitch K: watching DECK for bottom to
buy
[06:33 am] Mitch K: watching MD for
top to short
[06:33 am] Mitch K: watching
NTRS for short on top of this
bounce
[06:33 am] Mitch K: watching NTES
for top to short
[06:33 am] Mitch K:
watching FSLR for short really soon
[06:33
am] Mitch K: watchign QCOR for
bottom
[06:34 am] Mitch K: watching NOG
for bottom
[06:34 am] Mitch K: watching DG
for top to short
[06:34 am] Mitch K:
monitoring ROP
[06:34 am] Mitch K:
watching NSM for top
[06:34 am] Mitch K:
watching ORLY for top
[06:35 am] Mitch K:
watching LII for top
[06:35 am] Mitch K:
watching GIS for top to short
[06:35 am]
Mitch K: both moving up
[06:35 am] Mitch
K: watching AEP, also auto parts like
ORLY
[06:36 am] Mitch K: monitoring
BRCM
[06:36 am] Mitch K: watching PDCE for
bottom, take time
[06:36 am] Mitch K:
watching ASNA for bottom to buy, already
bounced, try for lower price
[06:37 am]
Mitch K: lower float and vol on PDCE but
interesting
[06:39 am] Mitch K: watching
for short in VRA
[06:39 am] Mitch K:
watching ASNA for sell exit soon
[06:39
am] Mitch K: watching railroads, UNP
dropping, NSC also railroad, they take long
time to reverse usually
[06:40 am] Mitch
K: watching GLW for short
[06:41 am] Mitch
K: watching CLR drop
[06:41 am] Mitch K:
watch TSTC for long, mover, low
priced
[06:41 am] Mitch K: consider
selling ASNA if long
[06:41 am] Mitch K:
watching VLTR for bottom
[06:41 am] Mitch
K: watchign ENDP closer
[06:42 am] Mitch
K: watching MON for top to short
[06:42
am] Mitch K: watching BG for bottom to
buy
[06:42 am] Mitch K: watching YOKU for
bottom
[06:42 am] Mitch K: missed WTW
short but watchign for bottom to
buy
[06:43 am] Mitch K: soon
[06:43 am]
Mitch K: cover NTES on next bottom
[06:44
am] Mitch K: watching MAKO for top to
short
[06:44 am] Mitch K: watching PPG for
bottom
[06:45 am] Mitch K: NTRS turning
down, little more downside
[06:45 am]
Mitch K: WM a dog
[06:45 am] Mitch K: DECK
probably trends but ok to take profits on
next top
[06:45 am] Mitch K: sell quick
profit on YOKU long
[06:45 am] Mitch K:
watching PDCE to sell soon
[06:46 am]
Mitch K: ORLY not in parallel with AEP, was
incorrect earlier about AEP being automotive,
i was confused with AAP,
[06:46 am] Mitch
K: consider covering AEP soon
[06:46 am]
Mitch K: more downside on DG
[06:46 am]
Mitch K: GIS toppy
[06:46 am] Mitch K:
long time i mean
[06:46 am] Mitch K: watch
NSC, railroads bounce together, tend to be
have long moves
[06:47 am] Mitch K: AEP is
battery backup manufacturer
[06:48 am]
Mitch K: consider reducing ASNA
[06:48 am]
Mitch K: watching GMCR for bottom, take
time
[06:48 am] Mitch K: watching AEP to
cover short
[06:48 am] Mitch K: watching
INTU for bottom to buy
[06:49 am] Mitch K:
consider reducing or selling WTW if
long
[06:49 am] Mitch K: cover YOKU if
short
[06:49 am] Mitch K: more downside on
NTES short
[06:49 am] Mitch K: watch VRA
for 2nd helping short maybe 25.55
area
[06:50 am] Mitch K: BG
bouncing
[06:50 am] Mitch K: dont forget
about ROST, will be good
[06:50 am] Mitch
K: watchign ROST for bottom
[06:50 am]
Mitch K: missed TRIP bottom but watch for top
to short, top of bounce
[06:50 am] Mitch
K: sell PDCE if long, try best
price
[06:52 am] Mitch K: watching CL
crude oil for bottom
[06:53 am] Mitch K:
ROST acting good, strong
[06:57 am] Mitch
K: would like mulligan on WTW long, watch WTW
for 2nd helping short
[06:58 am] Mitch K:
ROST probably trends up today but consider
reducing
[06:58 am] Mitch K: BG bounce
strong
[06:58 am] Mitch K: sell BBBY if
long, watch for short right here
[07:01
am] Ed : nice bounce in SPY
[07:02 am]
Mitch K: MLNX turning over for short, late to
see
[07:02 am] Mitch K: sell BG on next
top
[07:02 am] Mitch K: consider reducing
PPG if long
[07:02 am] Mitch K: ROST
acting correctly
[07:03 am] Mitch K: DECK
trending up
[07:03 am] Mitch K: consider
covering NTES short
[07:04 am] Mitch K:
SPY bouncing nicely, other stocks moving,
longs outperforming
[07:04 am] Ed : SPY
new hod
[07:04 am] Mitch K: NSC is weakest
railroad
[07:04 am] Mitch K: railroads
still strong: NSC, UNP, KSU
[07:08
am] Mitch K: DECK trending mode
[07:08 am]
Mitch K: 2nd helping short NTRS
[07:09 am]
Mitch K: but no sell signal on ROST
[07:09
am] Mitch K: got sconsider reducing
ROST
[07:10 am] Mitch K: watching for
cover point on MD short soon
[07:10 am]
Mitch K: UNP bounce stalled, consider
selling
[07:10 am] Mitch K: watching QCOR
closer
[07:11 am] Mitch K: watching to
cover ORLY soon
[07:11 am] Mitch K:
watching for 30.55 area to cover NSM, be
flexible
[07:12 am] Mitch K: watching EGO
for top to short
[07:12 am] Mitch K: AAP
is Advanced AUtoparts, competitor of
ORLY
[07:12 am] Mitch K: more downside of
AAP short
[07:15 am] Ed : nice drop in
QCOR
[07:16 am] Ed : 2min chart on left
3min chart on right for QCOR
[07:17 am]
Mitch K: more downside on NSM, be
flexible
[07:21 am] Ed : if u shorted QCOR
would cover some here
[07:24 am] Mitch K:
and BG short now
[07:24 am] Mitch K:
should be out of the BG long
[07:24 am]
Mitch K: more downside on MLNX
[07:24 am]
Mitch K: consider covering WTW soon, limit
order
[07:25 am] Mitch K: ORLY short
stalled, consider covering
[07:26 am]
Mitch K: consider covering BECN if short,
limit order
[07:27 am] Mitch K: all eyes
on QCOR
[07:27 am] Mitch K: watching QCOR
closely, very good idea soonb
[07:28 am]
Mitch K: ok got buy signal on 2 min
[07:28
am] Mitch K: got a buy signal on 1 min chart
of QCOR, not 2 min
[07:28 am] Mitch K:
wait for bottom
[07:28 am] Mitch K: this
is 40% drop in QCOR price form
yesterday
[07:29 am] Mitch K: ge best
price, no need for panic buy,
[07:30 am]
Mitch K: can someone get news on
QCOR
[07:30 am] Mitch K: i doubt this will
be a trade failure on QCOR
[07:30 am]
Mitch K: try to hold QCOR longer than you can
stand, lol could easily hit
37-38
[07:31 am] Mitch K: acting poorly
but still giving it more time
[07:31 am]
Mitch K: Aetna drops mostly all coverage of
Questcor drug, Citron Research says
[07:32
am] Mitch K: FSLR should break below 24 on
short
[07:32 am] Mitch K: consider closing
long and look for next buy signal
[07:32
am] Mitch K: ok new low here
[07:34 am]
Mitch K: consider covering MD short
[07:36
am] Mitch K: when you see a stock that
dropped as much as QCOR has, odds are good
rebounds are godo after 40% haircut
[07:37
am] Mitch K: QCOR should move up over next
hour or more
[07:37 am] Mitch K: anyone
hanging long with QCOR?
[07:38 am] Mitch
K: this is funny: Yesterday Oppenheimer
raised price target on QCOR to $69 yesterday
before market
[07:39 am] Mitch K: analyst
is now in doghouse
[07:42 am] Mitch K: as
well as ORLY long, both auto parts
[07:42
am] Mitch K: consider covering or going long
with AAP
[07:42 am] Mitch K: consider
covering UNP if short
[07:42 am] Mitch K:
what is yoru average price QCOR
[07:43 am]
Mitch K: watch ASNA for 2nd helping short
here soon
[07:43 am] Mitch K: watching NSM
for 2nd helping short above 31
[07:44 am]
Mitch K: consider covering 2nd helping short
on WTW, Weight Watchers
[07:46 am] Mitch
K: watching DDD for bottom to buy
[07:46
am] Mitch K: watching CME for
bottom
[07:47 am] Mitch K: too late to buy
but monitoring for top to short
[07:47 am]
Mitch K: argh, how did I miss CSTR
bottom
[07:48 am] Mitch K: DECK bouncing,
should make higher highs
[07:48 am] Mitch
K: is QCOR halted?
[07:49 am] Mitch K:
watching IOC for top to short
[08:04 am]
Mitch K: way to go chingo, not how i like to
trade though
[08:05 am] Mitch K: if you do
that in futures and forex, you will be gone,
flipping burgers at MacDonalds
[08:12 am]
Ed : nice bounce in QCOR
[08:15 am] Mitch
K: 1 min chart on QCOR
[08:17 am] Mitch K:
watching UNP for 2nd short again
[08:18
am] Mitch K: good job chingo, not good to
have that much drawdown, need more discipline
or one day you will be gone from trading if
you keep that up
[08:18 am] Mitch K: sell
signal on 1 min for QCOR
[08:18 am] Mitch
K: also watching other two rails for 2nd
helping short on KSU, NSC,
[08:19 am]
Mitch K: that isnt cash, thats
borrowing
[08:19 am] Mitch K: on a cash
basis, let alone if you borrowed on
margin
[08:19 am] Mitch K: thats a 28-30%
drawdown
[08:20 am] Mitch K: chingo, that
means you will lose 4 times a s
fast
[08:20 am] Mitch K: that is 1 min
chart
[08:21 am] Mitch K: anyone short
QCOR?
[08:21 am] Mitch K: i know God loves
you but you still need a system,
procedures
[08:23 am] Mitch K: a good long
entry on QCOR is if it approaches 24 again
and stalls there for a while and then if buy
signal occurs, real good
[08:24 am] Mitch
K: lots of put activity reported yesterday on
QCOR Rusty
[08:25 am] Mitch K: QCOR could
bounce her but wouldnt be a big one chingo,
i’d wait longer
[08:25 am] Mitch K:
September 18: : Questcor October
puts active Questcor October 50
puts are active on total put volume of 16K
contracts (2K calls). October and January put
option implied volatility is at 61;
[08:28
am] Mitch K: just wait for buy signal on
QCOR, i will leave it up for
awhile.
[08:29 am] Mitch K: buy signal on
1 min chart QCOR
[08:30 am] Mitch K: my
first glance at it is it goes over
31
[08:33 am] Mitch K: ok this bounce in
QCOR is dangerous, your clue was that
for 3 minutes or 4, it didnt gain new
highs
[08:40 am] Mitch K: this is when i
dont trust any signals here on a chart, flat
lining and can give anything
[09:27 am] Ed
: SPY trading near hod
[09:32 am] Ed :
GMCR takeover chatter
[10:01 am] Mitch K:
http://www.youtube.com/watch?v=gWDmau1Vbxs
[10:01 am] Mitch K: this is for you sports
fans
[10:02 am] Ed :
http://www.youtube.com/watch?v=gWDmau1Vbxs
[10:02 am] Ed : if u took GMCR short would
cover here
[10:07 am] Ed : getting
pullback in SPY
[10:33 am] Ed : SPY
getting bounce
[10:37 am] Ed : bounce
short live selling in markets
[11:13 am]
Ed : nice recovery in rail stocks
[11:19
am] Ed : see if continues
[11:19 am] Ed :
VIAB on move,
[11:22 am] Ed : if u took
long would reduce
[11:22 am] Ed : see how
reacts to 53area
[11:28 am] Ed : VIAB
still strong
[11:31 am] Mitch K: sell
signal on VIAB 1 min chart
[11:32 am]
Mitch K: sell signal on 2 min chart
VIAB
[11:35 am] Mitch K: VIAB 1
min
[11:36 am] Mitch K: use common sense
and normal trading procedures
[11:37 am]
Mitch K: ok here we go
[11:37 am] Mitch K:
you want lower lows on candles
[11:39 am]
Mitch K: i like to take profits when it
stalls and hit it again on short
side
[11:39 am] Mitch K: bounce
here
[11:42 am] Mitch K: IOC 2nd short
here
[11:44 am] Mitch K: i have it
changing colors for real brokerage account
trade here
[11:44 am] Mitch K: see this
dropdown menu here says Sim 101
[11:44 am]
Mitch K: this is chart trader on NInja
chart. first screen is a
simulator
[11:46 am] Mitch K: 1 min sell
signal
[11:53 am] Mitch K: this kind of
trading action on VIAB is very
bullish
[12:25 pm] Ed : would monitor FB
to tomorrow see if we get
continuation
[12:25 pm] Ed : would monitor
FB to monitor see if we get
continuation
[12:32 pm] Ed : getting
pullback in markets
[12:45 pm] Ed : if u
shorted JCP would cover
[12:51 pm] Ed :
also speaking at conference
[12:51 pm] Ed
: P on move
[12:58 pm] Ed : have a great
evening traders
| [06:10 am] eyes : Good Morning
Everyone
[06:10 am] elisha : gm
eyes
[06:10 am] elisha : gm
all
[06:10 am] Ed : nice bounce in eur/usd
off the 1.3000 area
[06:10 am]
skydiver : gm everyone
[06:10 am]
lisas : gm all
[06:12 am]
khall : gm all.
[06:13 am]
joeytsa : Good morning Mitch,Ed,
traders
[06:13 am] Ed : nice break of lod
in CL futures
[06:14 am] lisas :
yeah, had alert, woke me up, lol
[06:14
am] joeytsa : existing home sales @
7pdt, crude inv @ 7:30pdt
[06:14 am]
khall : Ed, which month are you
trading?
[06:15 am] Ed : 11-12
[06:15
am] khall : thanks 🙂
[06:15 am] Ed
: no problem
[06:17 am] joeytsa :
gap up: CBRL,ACHN,VRA,NKE
[06:17 am]
joeytsa : gap down:
AZO,ASNA,ASML,KLAC
[06:18 am] qwert
: thx joey
[06:19 am] qwert : wow cl
is dumping
[06:20 am] Ed : nice way to
start my morning
[06:20 am] joeytsa
: nice trading Ed
[06:20 am] qwert :
did u short at 94.40 ed
[06:21 am] Ed :
the break of lod 94.61
[06:21 am] Ed : lod
was 94.64
[06:21 am] joeytsa : eye
on DECK also, low vol at the moment
[06:21
am] Ed : saw that it was weak
[06:21 am]
joeytsa : nice $1 move
[06:21 am]
khall : wow – nice trade Ed
[06:21
am] qwert : nice
[06:22 am] Ed :
thx
[06:22 am] qwert : im trading it
in sim but have the 10-12 should i switch to
11-12
[06:23 am] Ed : yea I
would
[06:23 am] qwert : okay
thx
[06:24 am] aussie123 : Good
morning from Phoenix
[06:28 am]
shark : gm all
[06:29 am]
joeytsa : nice 60cent recovery on
crude
[06:31 am] ben4givn : deck
dump
[06:31 am] joeytsa : QCOR
falling
[06:32 am] joeytsa : FSLR
spike up
[06:33 am] apple : good
morning to all super traders
[06:34 am]
shark : off to work on a movie,
guys/gals
[06:34 am] shark : have a
great trading day
[06:34 am] joeytsa
: nice shark
[06:35 am] shark :
🙂
[06:35 am] apple : have fun
shark
[06:35 am] khall : later
shark
[06:42 am] joeytsa : DECK nice
recovery
[06:52 am] eyes : L lulu
.88
[06:58 am] joeytsa : ES support
at 1451.50
[06:59 am] joeytsa :
crude trying to hold $93
[07:00 am]
joeytsa : report coming out now
also
[07:01 am] joeytsa : yeah, home
sales report
[07:01 am] eddy :
existing home sales up 7 + %
[07:01 am]
eddy : LEN ttrending up
[07:05 am]
joeytsa : beatiful 5pt move on the
ES
[07:08 am] murano : GM
[07:08
am] apple : very nice joey
[07:09
am] joeytsa : QCOR still heading
down
[07:12 am] qwert : ORLY has
been good thx mk
[07:13 am] joeytsa
: AZO had a great recovery too, pulled back
from highs now
[07:14 am] lisas : BG
trending well
[07:15 am] apple :
hey,
lisssssssssssssssssssssssssssa!
[07:15 am]
joeytsa : yeah, been a dog all
day
[07:16 am] joeytsa : dont think
lightspeed had shares when i first saw
it
[07:18 am] apple : nice drop on
QCOR
[07:18 am] joeytsa : big spike
on TYC
[07:18 am] khall : I love
this dog – LOL
[07:19 am] joeytsa :
did you get it short khall?
[07:19 am]
khall : yes
[07:19 am] joeytsa
: great
[07:19 am] khall : so
excited
[07:19 am] apple : good for
you khall
[07:20 am] joeytsa : i
tried when it lost $50
[07:20 am]
khall : i started scaling out then
added more as it dropped – wierd
[07:21
am] eddy : where did u get shares to
short khall?
[07:22 am] joeytsa :
that trade was worth more than waht half of
people make in 6 months
[07:22 am]
skydiver : got that right
joey
[07:22 am] eddy : u bet
joey..too bad no shares to borrow
[07:22
am] joeytsa : did you get any
sky?
[07:22 am] skydiver : nice job
khall
[07:22 am] skydiver : none at
lightspoeed 🙁
[07:23 am] joeytsa :
i tried when i posted it at 6:31, still
couldnt get any
[07:23 am] skydiver
: I could not either joey –
[07:23 am]
khall : got it at 44.94
[07:23 am]
khall : lunch is on me today
🙂
[07:23 am] skydiver : nice
khall
[07:23 am] eddy : well done
khall
[07:23 am] khall : thanks
guys
[07:23 am] joeytsa : crude inv
in about 5 minutes
[07:24 am]
joeytsa : i missed the news on QCOR,
but it sure doesnt look good 🙂
[07:25 am]
skydiver : Aetna drops mostly all
coverage of Qukestcor drug because their drug
wasn’t working
[07:25 am] khall :
looks like I got out too soon, –
LOL
[07:25 am] Ed : thx sky
[07:25 am]
joeytsa : thx sky
[07:25 am]
skydiver : 🙂
[07:25 am]
joeytsa : wait until they drop everyone
because they cant afford 0bamacare
[07:26
am] skydiver : right on joey
[07:26
am] khall : no kidding
[07:26 am]
chinhngo : short bg at 67.40
[07:26
am] joeytsa : ONXX might try to
hod
[07:27 am] skydiver : watching
QCOR
[07:29 am] skydiver : L QCOR
32.72
[07:31 am] joeytsa : needs to
hold here
[07:31 am] skydiver :
Aetna drops mostly all coverage of Questcor
drug, Citron Research saysAetna (AET)
disclosed that after studies, it found no
proof of efficacy to substantiate
reimbursement for Questcor’s (QCOR) Achtar
when treating multiple sclerosis and
nephrotic symdrome, Citron Research says in
report posted on its website. Aetna will
provide reimbursement for Achtar when trading
Infantile Spasms, the short-selling blog
report added. Shares of Questcor are down
11.4%, or $5.84, to $44.68 following Citron’s
report.
[07:31 am] apple : thx
sky
[07:32 am] skydiver : I sold
QCOR L at a small profit – got out before it
dropped – 🙂
[07:33 am] apple :
smart guy!
[07:33 am] chinhngo : buy
cover bg
[07:33 am] khall : good for
you sky! I gave back a little
profit
[07:33 am] skydiver : made a
fast 75 cents per share
[07:33 am]
joeytsa : i’ll buy more own lunch khall
🙂
[07:34 am] khall : LOL
[07:34
am] joeytsa : SSYS spike down
[07:34
am] khall : I didn’t give back that
much Joey
[07:34 am] joeytsa :
🙂
[07:35 am] joeytsa : crude inv
came in at 8.5M with -0.2M forecast
[07:36
am] joeytsa : ES retraced almost that
entire jump from the home sales
report
[07:37 am] khall : I got back
in at 32.71
[07:37 am] lisas : just
reentered
[07:37 am] lisas : micro
size, lol
[07:37 am] qwert : i have
qcor long
[07:38 am] joeytsa : CSTR
falling
[07:38 am] jsn13 : Sky, if u
have time later, can u explain why u sell so
early when mitch said could easily bounce to
37-38 area?
[07:38 am] skydiver : my
gut said it would only last for a short
moment going L due to the “bad
news”.
[07:39 am] joeytsa : plus it
dropped $2 from his buy point..gotta have a
stop somewhere
[07:39 am] khall :
LOL yeah
[07:39 am] skydiver : yes
indeed joey
[07:41 am] jsn13 :
thanks…..sky u made some money right? So u
closed ealry and did not get stopped
right?
[07:41 am] chinhngo : bought
2000 qcor
[07:41 am] joeytsa : chin
is the new gunslinger 🙂
[07:41 am]
skydiver : correct jsn
[07:42 am]
joeytsa : QCOR still no legs
[07:42
am] khall : nope – got out with a
little profit
[07:42 am] chinhngo :
mitch said will go up hour or more
[07:42
am] lisas : I’m done qcor
[07:42 am]
apple : good for you khall
[07:42
am] chinhngo : qcor 31.9
[07:42 am]
skydiver : Oppenheimer is defending
QCOR
[07:42 am] rusty : QCOR
defended by analyst
[07:42 am]
joeytsa : so you are down $2
[07:43
am] chinhngo : yes
[07:43 am]
khall : doesnt’ seem to be helping it –
the defense that is
[07:43 am]
joeytsa : do you use any type of stop
loss?
[07:43 am] skydiver :
Oppenheimer said the CitronReport
misinterprets Aetna’s report and that there
is nothing new to the story
[07:43 am]
joeytsa : i mean besides $0
[07:43
am] skydiver : looks like it siince
QCOR down further
[07:44 am] joeytsa
: it will be a great buy eventually i would
think
[07:44 am] skydiver : yeah –
around 50 cents?
[07:44 am] joeytsa
: most likely when i leave for a break
haha
[07:44 am] skydiver : probably
joey 🙂
[07:45 am] joeytsa : you
still in chin?
[07:45 am] skydiver :
I home chin had a stop in
[07:45 am]
skydiver : hope
[07:45 am]
joeytsa : if not he’s down
$16k?
[07:45 am] apple :
omg!
[07:45 am] skydiver :
ouch
[07:46 am] joeytsa : khall will
be buying him lunch for 2 years 🙂
[07:46
am] khall : ha ha – stock
halted
[07:46 am] joeytsa : QCOR
halted
[07:46 am] rusty :
http://www.aetna.com/cpb/medical/data/700_799
/0762.html
[07:46 am] skydiver :
QCOR halted – circuit breaker
[07:47 am]
joeytsa : chin, you still with
us?
[07:47 am] chinhngo :
yes
[07:47 am] skydiver : thanks
rusty
[07:47 am] joeytsa : did you
stop out?
[07:47 am] chinhngo :
no
[07:47 am] joeytsa :
wow
[07:47 am] apple : ugh
[07:48
am] eddy : chin u got nerves of
steel
[07:48 am] khall : yes
Mitch
[07:48 am] joeytsa : down
$9.60 on $2K..that hurts
[07:48 am]
skydiver : yes mitch
[07:48 am]
joeytsa : IOC running
[07:48 am]
joeytsa : breaktime
[07:49 am]
skydiver : have a good one
joey
[07:49 am] apple : bye joey
have fun
[07:51 am] skydiver : QCOR
L 24.13
[07:51 am] qwert : qcor
open
[07:52 am] skydiver : sold QCOR
24.13
[07:53 am] rusty : NUS
radar
[07:54 am] apple : thx
rusty
[07:55 am] rusty :
ScalpTrader: QCOR Update — My bounce play is
based on apparent OpCo defense suggesting
that Aetna info is being
misinterpretted.
[07:59 am] victor51
: Halted again??
[08:00 am] rusty :
y
[08:00 am] skydiver : My time is
up — have a great day all — 🙂 mis-handled
two stocks today, but had 6 wins, one loss
and one be
[08:00 am] chinhngo :
qcor halt again?
[08:00 am] khall :
great sky – have a good rest of the
day
[08:01 am] skydiver : see you
all tomorrow and make lots of $$$ and great
job khall!!
[08:01 am] khall : I
don’t think so chin
[08:01 am] khall
: thanks sky 🙂
[08:02 am] rusty :
QCOR back
[08:03 am] chinhngo : stop
out at 28.0
[08:03 am] chinhngo :
still hold qcor
[08:08 am] rusty :
QCOR+++Benzinga radio saying QCOR still
covered just needs to be
pre-approved
[08:09 am] apple :
tg
[08:12 am] go4it : L QCOR
31.55
[08:13 am] skydiver : I was
going to leave but had to stay a bit longer
and play QCOR again – will leave soon as now
I am late!!!
[08:13 am] victor51 :
Thanks Rusty for QCOR updates
[08:13 am]
ben4givn : still holding QCOR Jan $30
calls
[08:13 am] go4it : yes Rusty
thks
[08:13 am] apple : rusty is da
man!
[08:14 am] skydiver : yes -thnx
rusty!!!
[08:14 am] khall : thanks
rusty 🙂
[08:14 am] chinhngo : set
trailing stop .50 on qcor
[08:16 am]
apple : gorgeous
[08:16 am]
skydiver : nice mithc on
Lightning
[08:17 am] go4it : nice
looking chart let’s see where the sell signal
gonna be
[08:18 am] chinhngo : stop
out all qcor make good money
[08:18 am]
skydiver : nice chin – not my style –
but nice
[08:18 am] apple : chin you
are too much! use a stop next time…
you get us nervous!
[08:19 am] khall
: LOl – no kidding
[08:19 am] eddy :
good for you chin
[08:19 am] joeytsa
: would have made more had you set a small
stop, and then bought lower…got lucky this
time
[08:19 am] murano : Mitch, is
that a one minute or two minute
chart
[08:19 am] chinhngo : they
gave me 4 time dat trade power
[08:20 am]
murano : Thank you
[08:20 am]
chinhngo : god love me i am just
lucky
[08:20 am] chinhngo : yes but
only daly
[08:21 am] chinhngo : i
have 2000 at 31.00 and 2000 at 23.0
[08:21
am] lisas : hey apple!
[08:22 am]
apple : good morning lisa – missed you
lots!
[08:22 am] chinhngo : i wait
for signal to buy go long
[08:22 am]
lisas : u too, taking off for lunch, c
u all later
[08:22 am] joeytsa : ES
moving higher
[08:22 am] apple :
have fun lisa
[08:23 am] joeytsa :
chin: all we are saying is use
caution
[08:23 am] chinhngo : dg
stop out lost 400.00
[08:23 am]
rusty : anyone see any unusual option
activity on QCOR yesterday?
[08:24 am]
khall : thats interesting
[08:25 am]
chinhngo : that why i am in chart room
keep to learn every day
[08:26 am]
joeytsa : chin: the only way to have a
large loss is to let a small one continue to
grow..just be careful
[08:26 am]
joeytsa : im happy that today worked
out for you, but letting a stock move 10pts
against you will be suicide one day
[08:26
am] chinhngo : yes i learn it
thank
[08:27 am] rusty : im a self
made millionaire – started with 3B now have
3M
[08:27 am] joeytsa : 🙂
[08:27
am] eddy : 🙂
[08:27 am] Ed :
🙂
[08:27 am] eyes : It was for me
Joey
[08:27 am] apple :
lol
[08:28 am] joeytsa : yeah eyes,
and you never know what day/waht stock will
be that lynchpin
[08:29 am] eyes :
lost 8 on 300 shares
[08:32 am]
rusty : looks like above avg number of
QCOR puts bought yesterday
[08:33 am]
joeytsa : now you dont think that
somebody might have possibly known something
now do you?
[08:33 am] rusty : nah,
i would neve think that
[08:34 am]
joeytsa : hmmm shark and mike both not
here
[08:34 am] victor51 : UBS
Biotech Conf. in NYC
[08:34 am]
qwert : they are the same
person
[08:34 am] joeytsa : laughing
it up on their yacht somewhere
[08:34 am]
rusty : good point joey
[08:35 am]
rusty : they seem to be missing after
big options plays
[08:36 am] apple :
gotta love those guys!
[08:36 am]
joeytsa : honestly, the only clue might
have been the lower high on teh daily a week
or so ago?
[08:38 am] khall : that’s
not enough for the spike in options action
though – I think someone blabbed
[08:38
am] jsn13 : Ed, r u here? may i know
where is ur entry for the QCOR long juz now?
at around 10.50 est…
[08:39 am]
joeytsa : agreed khall, i was more
thinking how any of us might have caught a
down move coming
[08:40 am] khall :
ah – I just caught it because it was up on
the chart
[08:40 am] khall : on my
screen I mean
[08:40 am] joeytsa :
right
[08:43 am] Ed : covered short at
10:21, then long stopped for 1 point loss at
entered 10:29. entry long again at 10:52 out
all 11:12 plus 8
[08:44 am] Ed : stopped l
point loss entry was 10:29
[08:44 am]
ghaziar : Out of QCOR for 2.7%.
Thanks.
[08:45 am] Ed : nice
glazier
[08:45 am] chinhngo : short
wynn at 115.9
[08:46 am] eyes : way
to go Ed
[08:46 am] jsn13 : Thansk
Ed….thats the best guidance…..real
entries and exits….
[08:47 am]
jsn13 : btw may i know those prices?
like where u took it short and
long….
[08:50 am] qwert : Ed does
the CL normally trend as well as it is today
on 5 min chart
[08:50 am] Ed : 1st chance
I get
[08:50 am] Ed : it can trend then
have huuge spike
[08:50 am] joeytsa
: 5min can be torture though
[08:51 am]
joeytsa : esp if you are on the wrong
side
[08:51 am] Ed : yea qwert, only use
5min to see where trend is, but still use
1min for entries
[08:52 am] qwert :
only in sim but doing real well with shorting
every high until just got stopped
[08:52
am] Ed : yea trend been down
[08:52 am]
apple : good job qwert
[08:53 am]
go4it : Qcor moving again
[08:53 am]
qwert : thx apple having fun
[08:54
am] apple : that’s the most important
thing, always have fun!
[08:55 am]
qwert : yep hope it will be as
fun when its real money :))
[08:55
am] khall : might be more
fun!
[08:55 am] eddy : MItch / Edis
QCOR a buy now
[08:56 am] Ed : too late to
buy now
[08:57 am] chinhngo : please
post when buy qcor thank
[08:57 am]
aussie123 : qcor … too tough for me
… will leave it for you pros
[08:57 am]
Ed : im finised with QCOR
[08:58 am]
chinhngo : i am long term on arna with
dea ema and short squeeze will help price go
up
[08:58 am] apple : chin, doesn’t
look like a good buy setup now
[08:59 am]
chinhngo : apple you taklk about
arna
[09:03 am] apple : no
QCOR
[09:19 am] rusty : FB
pop
[09:29 am] apple : thx
rusty
[09:31 am] aussie123 : For
what its worth…for the past couple
days…any time the TNA has dropped below its
PP I have had good results…my pivot point
today is 66.11…you may want to take a
look
[09:32 am] khall : thanks
aussie
[09:33 am] joeytsa : aussie:
what is your pp based on?
[09:33 am]
elisha : does anyone have any really
good resources for learning about pivot
points?
[09:35 am] elisha : books to
read? etc.
[09:36 am] Ed : not sure,
I dont use them joey may know
[09:36 am]
joeytsa : elisha: go to
lightspeed.com, tools and
education, live webinars..scroll down
to the one titled “intro to pivot
points”
[09:36 am] joeytsa : it will
give you a start
[09:36 am] joeytsa
: anything can be a pivot point
though
[09:36 am] elisha : thx
joey
[09:37 am] joeytsa : whole
numbers, yesterdays ohlc etc
[09:37
am] joeytsa : try googling it and also
look on youtube
[09:37 am] khall :
qwert, you in CL short?
[09:37 am]
joeytsa : havent seen much in print
though
[09:37 am] qwert : no not
now
[09:37 am] aussie123 : I just
use end of day with Think or Swim…put it on
the 5 &15 min…there has been 3 good
cracks at it this AM
[09:38 am]
joeytsa : that works too
[09:38 am]
qwert : are you khall
[09:38 am]
khall : yes
[09:39 am] qwert :
nice are you live with it
[09:39 am]
khall : yes, first day
[09:39 am]
khall : kind of nerve wracking –
LOL
[09:39 am] qwert : cool how it
goin
[09:39 am] khall : I’m
green!
[09:39 am] qwert :
yay!
[09:40 am] qwert : which broker
are u using
[09:40 am] khall :
Interactive Brokers
[09:40 am] khall
: and Ninja
[09:40 am] qwert : im on
ninja and amp
[09:40 am] joeytsa :
see you all last hour
[09:40 am]
khall : later joey
[09:40 am]
qwert : bye joey
[09:41 am]
elisha : bye joey
[09:41 am]
qwert : where is your entry
khall
[09:42 am] apple : bye joey
have fun
[09:43 am] khall : 92.83
sold at the spike down 92.22
[09:43 am]
qwert : nice
[09:43 am] khall
: or should I say bought to close
[09:43
am] qwert : are you trading 1 contract
at a time
[09:44 am] khall :
yes
[09:44 am] khall : absolutely –
taking it easy for a while
[09:44 am]
khall : not all that confident
yet…
[09:44 am] qwert : thats what
i am practicing with
[09:45 am]
qwert : how long did u sim trade
it
[09:45 am] khall : I started
watching it last week
[09:45 am]
qwert : so u made over 600 on that 1
trade right
[09:45 am] khall :
right
[09:46 am] rusty : QCOR
another analyst defending
[09:46 am]
qwert : awesome
[09:46 am] Ed : I
sim traded oil futures for 6months before
going live
[09:46 am] khall : that’s
smart Ed
[09:46 am] apple : ed is a
smart guy!
[09:46 am] Ed : thats scary
thought
[09:46 am] qwert :
hahaha
[09:46 am] khall : ha
ha
[09:46 am] apple : boo!
[09:47
am] qwert : khall are you going to
trade eur/usd as well
[09:48 am]
khall : probably – but may wait until
lightning comes out
[09:48 am] khall
: I need to start watching it first and sim
trade it
[09:48 am] qwert : thats
what i am getting ready for
[09:48 am] Ed
: forex seems to trend nicely
[09:49 am]
apple : nice move on EURUSD
today
[09:53 am] apple : also good
drop in CL today
[09:53 am] qwert :
apple do you trade cl and forex
[09:55 am]
apple : CL but not forex yet
[09:57
am] khall : I’m having issues with my
data feed for forex
[09:57 am] khall
: I thought it was included in my CME group
but…??
[10:02 am] apple : seems
like everything is ala carte…
[10:03 am]
khall : yep, mo money – LOL
[10:04
am] apple : they already had you at “i
need…”
[10:05 am] khall : no
kidding
[10:05 am] khall : but, if I
make money from it … worth it
[10:06 am]
apple : if…
[10:07 am] apple
: ?
[10:08 am] khall :
when
[10:08 am] khall : when I make
money from it
[10:08 am] khall :
🙂
[10:09 am] apple : you will,
you’re good, great
[10:10 am] Ed :
hindsight 20/20 but should have held my short
in CL from 94.61
[10:10 am] khall :
whoa
[10:10 am] rusty : MCK
radar
[10:10 am] khall : that would
have been nice
[10:10 am] apple :
thx rusty
[10:11 am] apple : you are
good E, no, great! next time
[10:11
am] Ed : will get it next centruy
[10:12
am] apple : lol, i doubt that
[10:12
am] Ed : centrury=century
[10:16 am]
aussie123 : I have been with TDA for
several years now…but I have given serious
thought to Ninja…however after following
the episodes you folks are going thru…I am
becoming very apprehensive …I just dont
know???
[10:17 am] aussie123 : I
guess I am looking for advice
[10:18 am]
khall : aussie – I have been using
Ninja for months now – almost since i’ve been
in the room, and I like it a lot
[10:19
am] khall : the issues I’m having are
because I’m adding new things, etc. I
will tell you the customer service is
outstanding
[10:19 am] aussie123 :
Thanks Khall
[10:20 am] khall :
you’re welcome. They provide assistance
getting started as well if you ask
them
[10:20 am] apple : good to know
khall, thx
[10:23 am] aussie123 : I
have their e-mail … do you have their phone
# were a guy could actually talk to a
person???
[10:23 am] khall : if you
email them and ask them to call you, they
will
[10:23 am] apple : RAX had a
good day
[10:24 am] khall : I’d tell
them you are with TSA, and you are looking to
get set up
[10:24 am] victor51 :
KHALL, So you must be using Kinetics. Is
there any good # to call Ninja
[10:24 am]
rusty : QCOR reportedly preparing a
press release
[10:25 am] rusty :
fwiw
[10:25 am] khall : Wow – don’tt
hhink the defense on QCOR was good – they are
still dropping
[10:25 am] aussie123
: Thanks again…will try not to bother you
any more during trading hours
[10:25 am]
khall : thanks rusty
[10:25 am]
khall : no bother – if I can’t answer
right then I won’t 🙂
[10:26 am]
victor51 : Hi Lisas It worked with @CL.
What do you need to use to trade CL in
sim.
[10:29 am] victor51 : I am sure
Ed will have answer. Trade symbol for crude
futures in TS
[10:29 am] apple :
futures account – @CL in TS
[10:33 am]
victor51 : Thanks Apple. It gives me
nice history/chart. But will not allow to
trade in sim. Am I missing
something??
[10:34 am] apple : do
you have a futures account?
[10:36 am]
victor51 : yes with 5.0K
[10:37 am]
apple : hmmm. i am in a trade
right now, so i cannot switch to
sim
[10:38 am] aussie123 : Watching
TNA
[10:38 am] mikewd2 -: good afternoon
traders
[10:39 am] rusty : MOODYS
REAFFIRMS US STATES NEGATIVE
OUTLOOK
[10:39 am] khall : hi
mike
[10:39 am] khall : oh
geez
[10:39 am] Ed : thx rusty
[10:39
am] khall : that’s not good
[10:41
am] victor51 : Apple, thanks. Will
wait
[10:41 am] apple : i will let
youknow as soon as i can
[10:42 am]
chinhngo : may be long on
qcor?
[10:42 am] apple : chin, don’t
press your luck, leave it alone for
today!!!
[10:43 am] mikewd2 -: wow
QCOR
[10:44 am] chinhngo : but
momemtum go up and price aboce ema
20
[10:44 am] apple : down since
noon
[10:45 am] eddy : ya mike qcor
was something today ask chin:)
[10:45 am]
mikewd2 -: lots of people defending
them
[10:45 am] khall : QCOR halted
again
[10:45 am] chinhngo : no just
learn how to read the chart
[10:45 am]
rusty : QCOR held
[10:46 am] mikewd2
-: bad day to miss the morning
session
[10:47 am] victor51 : Hi
Mike
[10:47 am] mikewd2 -: hey
victor
[10:48 am] apple : hey mike
missed you today
[10:48 am] chinhngo
: qcor everytime they hold the price go up
?
[10:48 am] mikewd2 -: looks like i
missed several good trades
[10:48 am]
chinhngo : hold = halt
[10:49 am]
apple : not always chin
[10:49 am]
apple : mike, there will be more
tomorrow
[10:49 am] mikewd2 -: shares
upgraded to 69 yesterday
[10:50 am]
chinhngo : does any bad new on qcor i
can not find out
[10:51 am] chinhngo
: apple but happen today
[10:51 am]
mikewd2 -: Aetna drops mostly all coverage of
Questcor drug, Citron Research says
[10:51
am] mikewd2 -: sounds pretty bad
[10:51
am] eyes : See you all later
[10:51
am] apple : bye eyes have fun
[10:51
am] Ed : c ya eyes
[10:51 am] eddy :
bye eyes
[10:51 am] khall : bye
eyes
[10:52 am] eddy : any news on
the halt on qcot ?i cud not find
anything
[10:52 am] qwert : eyes
hows your day goin
[10:52 am] mikewd2 -:
not on this last halt
[10:52 am] Ed : news
pending on QCOR
[10:53 am] rusty :
QCOR Some Payors recently reviewed Acthar and
decided to cover, even though all with prior
authrization
[10:55 am] chinhngo :
rusty what that mean good or bad on
qcor
[10:56 am] rusty : its more
positive than negative
[10:57 am]
chinhngo : thank rusty
[10:57 am]
mikewd2 -: seems like it rusty, only issue is
that Acthar may not be approved for MS and
limited to other diseases.
[11:04 am]
eddy : this is a really long halt with
no news so far
[11:06 am] rusty :
FED Fisher questions efficacy of ‘ what we
have done’. He sees sharp rise in Inflation
expectations.
[11:08 am] apple :
victor you have to put in the month wtith the
symbol @CLV12
[11:09 am] apple :
contract expiration
[11:10 am] lisas
: Hi Victor, back now. You want to put in new
front month for cl, clx12
[11:10 am]
rusty : @herbgreenberg: $AET confirms
to Reuters (didn’t return my inquiry yet)
that it’s dropping coverage on majority of
Acthar’s indications
[11:10 am]
khall : thnx rusty
[11:11 am]
eddy : thx rusty
[11:12 am]
apple : thx rusty
[11:12 am]
chinhngo : thank rusty
[11:15 am]
joeytsa : IOC has made some nice moves
today
[11:16 am] apple : missed it
joey, beautiful reversal at about 1:45
EST
[11:16 am] apple :
lasthalf-hour
[11:17 am] joeytsa :
about half-dozen since the open
[11:17 am]
joeytsa : just reviewing a few charts i
had up
[11:17 am] qwert :
monitoring
[11:17 am] qwert :
yum
[11:18 am] apple : you are
right!
[11:19 am] qwert : not enough
money on yum
[11:19 am] joeytsa :
probably not qwert
[11:19 am]
joeytsa : at least not yet 🙂
[11:19
am] apple : 2 cent increments
[11:20
am] joeytsa : looks great until i
realized the scaling was set at 5cents
haha
[11:20 am] Ed : tha will do
it
[11:20 am] mikewd2 -: VIAB
[11:20
am] mikewd2 -: sorry
[11:20 am]
joeytsa : throws me off
sometimes
[11:20 am] qwert : same
here
[11:21 am] apple : right,
always got to look closer…
[11:21 am]
joeytsa : yeah, i eyeball real quick
and use the horizontal lines as
targets
[11:21 am] mikewd2 -: VIAB needs
to get closer to 53
[11:21 am]
joeytsa : nice on VIAB mike
[11:21
am] joeytsa : no shares on lightspeed
though
[11:21 am] mikewd2 -: Ed already
had it up
[11:21 am] apple : good
one mike, excellent
[11:22 am]
joeytsa : nice Ed 🙂
[11:22 am]
apple : ok, then good one E
[11:22
am] mikewd2 -: TS has shares
[11:23 am]
joeytsa : great long on that breakout
though
[11:24 am] apple : oh,
yeah
[11:25 am] khall : DECK nice
slow move up from bottom
[11:28 am]
joeytsa : yeah, real nice
call
[11:28 am] apple :
wow
[11:30 am] mikewd2 -: we should get a
pretty nice reversal at some point
[11:30
am] joeytsa : by that time there wont
be any shares available 🙂
[11:31 am] Ed :
lol
[11:31 am] joeytsa : still
ticked about QCOR haha
[11:31 am] mikewd2
-: multi-year highs on VIAB
[11:33 am]
rusty : TRLA ipo scheduled for
tomorrow
[11:33 am] apple : thx
rusty
[11:34 am] apple : thx
MK
[11:35 am] qwert : thx
mitch
[11:35 am] chinhngo : short
viab at 53.50
[11:36 am] mikewd2 -: VIAB S
53.70
[11:36 am] rusty : QCOR
pr
[11:36 am] rusty : QCOR
pr
[11:36 am] rusty : for those who
care
[11:37 am] chinhngo : rusty
good news on qcor at press
[11:37 am]
chinhngo : rusty i am really
care
[11:37 am] mikewd2 -: just got to ask
Mitch
[11:38 am] apple :
wow
[11:39 am] mikewd2 -: CEO of viab is
speaking at goldman conference
[11:40 am]
apple : thx mike
[11:43 am]
eddy : ok this halt is getting on my
nerves
[11:45 am] joeytsa : eddy:
are you long or short?
[11:46 am]
eddy : neither joey waiting now
..traded qcor 4 times now but
unfortunetly down 1.9 k i want to recover
that hopefully
[11:46 am] apple :
hopefully, neither
[11:46 am]
joeytsa : recover on somethign
else
[11:46 am] eddy : u think
so?
[11:47 am] eddy : hmmm im on the
look out
[11:47 am] joeytsa : you
dont have to make it back on a stock you lost
on
[11:47 am] chinhngo : short 1000
more viab at 54.3
[11:47 am] eddy :
i know joey just waiting to see if there is a
long opportuinity
[11:47 am] mikewd2 -:
what stock is that Mitch?
[11:48 am]
eddy : viab mike
[11:48 am]
joeytsa : gotya
[11:48 am] mikewd2
-: oh, yeah
[11:50 am] mikewd2 -: Questcor
to resume trading at 3:05 pm ET according to
Nasdaq
[11:50 am] eddy : thx
mike
[11:51 am] chinhngo : thank
mike for your info on qcor
[11:51 am]
chinhngo : go down viab
[11:52 am]
apple : chin, i think it heard
you!
[11:52 am] mikewd2 -: Questcor does
not believe Aetna policy bulletin will have
material impact
[11:52 am] mikewd2 -: you
guys in QCOR now?
[11:52 am] joeytsa
: only stock price impace haha
[11:52 am]
joeytsa : impact
[11:52 am]
chinhngo : yes long qcor at
30.38
[11:52 am] Ed :
http://www.nasdaqtrader.com
[11:52 am]
mikewd2 -: might work out -chin
[11:53 am]
Ed : save for halted stocks
[11:53 am]
chinhngo : at las vegas the day you
lucky
[11:53 am] mikewd2 -: not sure i
would have a target or stop in
[11:53 am]
mikewd2 -: it could open and drop a bunch
then back up or vise versa
[11:54 am]
joeytsa : have to be careful when
stocks are violent like that
[11:54 am]
joeytsa : good chance to get caught in
a halt
[11:54 am] apple : chin likes
it rough
[11:54 am] mikewd2 -: yeah not a
good feeling
[11:55 am] joeytsa :
chin, you need to come to vegas 🙂
[11:55
am] chinhngo : but more
exciting
[11:55 am] skydiver :
jumping on for a bit — wow chin – vegas
would be your town
[11:55 am] Ed : the way
he plays he will get free room,
food,etc
[11:55 am] chinhngo : i am
las vegas about 10 years ago but not now at
trading more fund
[11:55 am] mikewd2 -:
and go home very broke!
[11:56 am]
apple : too much excitement that way
for me, haha right sky and E
[11:56 am]
skydiver : right apple – 🙂
[11:56
am] skydiver : guess we’re all wired
differently
[11:56 am] mikewd2 -: would
like to see viab turn into head and
shoulder
[11:56 am] joeytsa : only
prob is that there are table limits
here
[11:56 am] chinhngo : alsway
save 50.00 under the shoes enough get taxi to
airport and go home
[11:56 am] apple
: haha
[11:56 am] apple : too
funny
[11:57 am] mikewd2 -: there are some
no limit joey, just have to get
approval
[11:57 am] apple : gotta
leave to pick up robert, back in a
bit
[11:57 am] qwert : bye
apple
[11:57 am] skydiver : see uya
apple
[11:57 am] khall : later
apple
[11:57 am] chinhngo : cover
viab at 54.09 for second one
[11:57 am]
lisas : bye apple
[11:57 am]
lisas : funny chin
[11:57 am]
joeytsa : bye apple, walk
safe
[11:58 am] apple : i will, i
always look both ways
[11:59 am] Ed : c ya
apple
[11:59 am] mikewd2 -: would like to
see viab give up 54
[11:59 am] eddy
: chin where r u from ?
[11:59 am]
joeytsa : yeah mike, some no
limits..but most dont have that much
🙂
[11:59 am] eddy : bye
apple
[11:59 am] chinhngo :
vietnam
[11:59 am] joeytsa : thats
why doubling up bets wont work
[12:00 pm]
eddy : u have vietnamese
guts:)
[12:00 pm] chinhngo :
no
[12:00 pm] skydiver : chin – I
was in vietnam last year — what part of
vietnam?
[12:00 pm] chinhngo : south
vietnam
[12:01 pm] chinhngo : you
have a fun at vietnam
[12:01 pm]
skydiver : ok – I was at a fishing
village on the china sea – Phin
Phet
[12:01 pm] eddy : r u in
vietnam presently?
[12:01 pm]
skydiver : Yes – had a great
time!! beautiful
[12:01 pm]
chinhngo : phan thiet
[12:01 pm]
mikewd2 -: viab gave up 54
[12:02 pm]
skydiver : right mike
[12:02 pm]
skydiver : have some friends that live
there 9 months of the year
[12:02 pm]
chinhngo : at central vietnam a lot of
resort overthere
[12:02 pm] skydiver
: yes – lots of Europeans – nice white sandy
beaches
[12:02 pm] chinhngo : yes i
agreed
[12:03 pm] chinhngo : viab
give up 54.00 may be go more down
[12:04
pm] victor51 : Mitch, 12.00 sell signal
is conforming the first signal on
VIAB??
[12:04 pm] joeytsa : still
trying to hold $54
[12:05 pm]
skydiver : no shorts for VIAB at
lightspeed
[12:05 pm] joeytsa : QCOR
trading
[12:05 pm] chinhngo : wow
32.00
[12:05 pm] Ed : fyi: if ur new to
trading or not use to shorting new 52 week
highs would avoid trading those
[12:05 pm]
mikewd2 -: up nice
[12:05 pm]
joeytsa : opened close to
$32>>
[12:05 pm]
skydiver : thx Ed
[12:06 pm]
murano : YELP
[12:07 pm] mikewd2 -:
back to 30 and below
[12:07 pm] Ed : hope
u were able to get out eddy
[12:07 pm]
rusty : QCOR
[12:07 pm]
joeytsa : dont think eddy was
in
[12:07 pm] Ed : ok
[12:07 pm]
eddy : was out ed … was hoping i
could go long again
[12:07 pm] mikewd2 -:
out half VIAB 53.85
[12:07 pm] Ed : got
it
[12:08 pm] eddy : obvious short
which i cant short
[12:08 pm] eddy :
so let go for now will look for
other
[12:08 pm] Ed : nice short
mike
[12:08 pm] chinhngo : bought
qcor at 29.0
[12:09 pm] mikewd2 -: still
weak chin
[12:10 pm] joeytsa : i
want to play craps and baccarat with chin
🙂
[12:10 pm] joeytsa : i played
them for a living for awhile, and he has more
stones than i ever did
[12:11 pm] mikewd2
-: in 27.76 out 28.81 QCOR
[12:12 pm]
skydiver : nice mike
[12:12 pm]
mikewd2 -: wow 27.75 was the lowest
point
[12:13 pm] mikewd2 -: very
lucky
[12:13 pm] chinhngo : sold
first one at 29.50
[12:14 pm] mikewd2 -:
this is all based off CEO hype
[12:15 pm]
eddy : calling it a night see ya
all
[12:15 pm] mikewd2 -: sorry on
VIAB
[12:15 pm] mikewd2 -: that
is
[12:15 pm] skydiver : take care
eddy
[12:15 pm] joeytsa : bye
eddy
[12:15 pm] Ed : c ya eddy
[12:15
pm] khall : bye eddy
[12:17 pm]
victor51 : See you Eddy
[12:18 pm]
mikewd2 -: URI turning over, a bit
late
[12:22 pm] ben4givn : seems all
sellers may have been flushed out of
qcor. Vol dropping
[12:24 pm]
chinhngo : bought qcor at
28.9
[12:24 pm] ben4givn : you are
brave chin
[12:25 pm] rusty : INTC
lod
[12:25 pm] qwert : for tomorrow
Ed on FB
[12:25 pm] chinhngo : today
i am lucky on qcor
[12:26 pm] Ed :
yes
[12:27 pm] mikewd2 -: LULU still
selling off
[12:27 pm] khall : yeah
mike, just noticed that
[12:28 pm] mikewd2
-: i was watching it then viab, qcor came
along
[12:28 pm] khall : it’s been
one of those days today
[12:28 pm] mikewd2
-: QCOR was 10 just a year ago
[12:28 pm]
mikewd2 -: sorry two years
[12:28 pm]
joeytsa : it was 50 just a few hours
ago
[12:28 pm] khall : ha
[12:28
pm] mikewd2 -: haha
[12:29 pm] khall
: that’s our joey, always the bright
spot
[12:29 pm] qwert :
hahaha
[12:29 pm] qwert : So khall
how did you end up on your first day with the
cl
[12:30 pm] joeytsa : JCP spiked a
bit
[12:30 pm] khall : positive – I
made $809.
[12:30 pm] qwert : thats
awesome great job
[12:30 pm]
khall : made some mistakes – need to
review trades
[12:30 pm] khall :
thanks
[12:30 pm] joeytsa : live or
sim?
[12:30 pm] joeytsa : either way
nice job
[12:30 pm] khall : I think
a lot is due to the trending action.
Live joey
[12:31 pm] joeytsa : nice,
using 1min?
[12:31 pm] khall : yes,
entering trades on 1, using 3 as a general
guide
[12:31 pm] joeytsa : nice,
always looking for new ways..im usually on
tick charts
[12:32 pm] khall : tick
chart wigged me out a bit
[12:32 pm]
khall : LOL
[12:32 pm] joeytsa
: i use tick with a real tight bollinger,
4ma
[12:32 pm] khall : need to
practice on SIM to use tick
[12:32 pm]
khall : 10 ticks?
[12:32 pm]
joeytsa : smallest i use is
150
[12:33 pm] khall : okay, I’ll
have to put that up tomorrow and see how I
like it
[12:33 pm] joeytsa : was
using a few different ones for both crude and
the ES…
[12:34 pm] joeytsa : but a
few years ago, they unlocked info and things
changed on teh ES, but i kept the CL either
144 or 150, with a longer one for trend ( 600
)
[12:34 pm] khall : ahhh
okay
[12:35 pm] joeytsa : so my ES
went from a 233 to a 578
[12:35 pm]
mikewd2 -: getting lower low on VIAB after
hod
[12:35 pm] joeytsa : to account
for the change
[12:35 pm] khall : so
you have ES on 578 now?
[12:37 pm]
joeytsa : actually set at 340
now
[12:37 pm] joeytsa : with a 1min
also
[12:37 pm] khall : k
[12:37
pm] joeytsa : 1min has a 5,15ma, darvis
box and pivots
[12:38 pm] khall :
I’ve been watching the 1 min today, darvis,
pivots, 2,5 sma
[12:38 pm] joeytsa :
nice, thought about 4,9 also
[12:39 pm]
qwert : jcp is flying
[12:40 pm]
joeytsa : yeah it came back and hit my
stop
[12:42 pm] joeytsa : khall: if
you use a tick chart, add the tick counter
under indicators
[12:43 pm] joeytsa
: sometimes you can “cheat” by seeing the
ticks and get in a bit early
[12:43 pm]
joeytsa : you can do the same thing
with a 1min chart
[12:43 pm] joeytsa
: just keep an eye on the seconds on the
clock 🙂
[12:44 pm] khall :
ahhh okay
[12:45 pm] joeytsa : most
traders like to see the candle form
[12:45
pm] mikewd2 -: nice one on JCP
[12:45 pm]
joeytsa : if it looks good, you can
anticipate by a few seconds..little trick
🙂
[12:46 pm] chinhngo : bought
cover viab at 53.67 total break
even
[12:46 pm] mikewd2 -: missed it still
milking VIAB short
[12:46 pm] khall
: gotcha
[12:48 pm] joeytsa : QCOR
seems to have decent support at the moment
around $27.75 area
[12:48 pm] mikewd2 -:
VIAB might get some support at
53.36’ish
[12:50 pm] joeytsa : JCP
trying to hold at $30
[12:50 pm] Ed : it
became butter on hot vegas day
[12:50 pm]
joeytsa : no kidding
[12:51 pm]
mikewd2 -: QCOR
[12:51 pm] khall :
dropping like a rock
[12:51 pm]
joeytsa : Thanks Mitch,Ed,
everyone
[12:51 pm] khall :
yay
[12:51 pm] joeytsa : fun
day…see you all tomorrow, enjoy your
day
[12:51 pm] khall : night
joey
[12:51 pm] Ed : c ya joey
[12:51
pm] elisha : gn joey
[12:52 pm]
joeytsa : you liking it here
elisha?
[12:52 pm] lisas : bye joey
joey
[12:52 pm] rusty : PANDORA CEO
SAYS AUTOMAKERS PUTTING PANDORA BUTTON IN
VEHICLES
[12:52 pm] elisha : yes,
challenging
[12:52 pm] elisha :
signed up for a year
[12:52 pm]
khall : great elisha!!!
[12:52 pm]
khall : you will learn so
much
[12:52 pm] joeytsa : best
investment you can make
[12:53 pm] mikewd2
-: CVS
[12:53 pm] joeytsa : JCP just
paid for it 🙂
[12:53 pm] mikewd2 -: JCP
pretty chart
[12:53 pm] mikewd2 -: wish i
was in it, haha
[12:53 pm] elisha :
i hope to be able to contribute like you guys
do – at some point
[12:53 pm] khall
: CVS share repurchase
[12:53 pm]
joeytsa : mike: you can only be CEO of
2 companies at a time 🙂
[12:53 pm]
khall : you’ll be able to, don’t worry
– just keep at it
[12:54 pm] joeytsa
: yeah, just keep learning..Ed and Mitch give
great lessons
[12:54 pm] elisha :
thx khall, congrats on your first day with
cl
[12:54 pm] elisha : you do too
joey
[12:54 pm] khall :
thanks. we learn something new almost
every day in here
[12:55 pm] joeytsa
: nah..i just read google and
facebook
[12:55 pm] joeytsa :
🙂
[12:55 pm] elisha : today i
learned sim trade in scotttrade for bozo the
clown
[12:55 pm] khall :
ha
[12:55 pm] joeytsa : 🙂
[12:56
pm] elisha : goin with NJ
[12:56 pm]
joeytsa : learn 1 technique..get it
down pat, then learn another
[12:57 pm]
elisha : burning that into my brain,
thx for the help
[12:57 pm] joeytsa
: it can be hard when someone calls a
stock…you cant see that that person is
looking at
[12:57 pm] joeytsa : my
pivots are different than mikes for
example..others dont use pivots at
all
[12:58 pm] elisha : you guys
mention them enough, must be something to
them
[12:58 pm] joeytsa : gotta run,
Tony Horton is waiting for me
🙂
[12:58 pm] elisha : gn
all
[12:58 pm] khall : night
all
[12:59 pm] qwert : bye everybody
have a great night wow best day in a long
time
[12:59 pm] qwert : thx for all
the great calls
[01:03 pm] rusty :
gn all
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