[06:21 am] Mitch K: my hunch is there still
will be selling ahead and the follow through
on the upside isnt likely to continue without
specific and believable details in the plan
to recapitalize the European banks. But we
should have excellent LONG and SHORT scalps
today, high volatility both ways
[06:22 am] Mitch K: this is good for day
trading, not easy for swing trading
[06:26 am] Brent : good morning
[06:26 am] Kris : DVA, HLS, QGEN, APKT and
BSFT on the short side.
[06:26 am] Kris : Good Morning Traders
[06:26 am] Kris : Today I’m watching CPHD,
PNM, SONE, REDF, APOL, CBL and TZOO on the
long side
[06:31 am] Kris : CPHD long half
[06:31 am] Kris : SNDK long half
[06:33 am] Kris : BTU long half
[06:33 am] Kris : out half CPHD long
[06:34 am] Kris : HANS long half
[06:35 am] Kris : QCOM long half
[06:37 am] Kris : watching TNA for a long
[06:38 am] Kris : VMW long half
[06:38 am] Mitch K: watching MCP for
bottom
[06:40 am] Kris : seeing some buyers coming
in now
[06:41 am] Kris : MCP short
[06:42 am] Kris : long second half BTU,
looking for new hod.
[06:42 am] Kris : start slow with MCP, will
probably bounce here
[06:43 am] Kris : see if we can get some
follow through with the buyers
[06:43 am] Kris : SNDK holding up, looking
for new hod.
[06:44 am] Mitch K: watching ANR for short
soon
[06:45 am] Kris : AKAM long half
[06:48 am] Kris : X long half
[06:49 am] Kris : SNDK testing hod[06:50 am]
Brent : watching FMCN for a bounce
[06:50 am] Kris : this bounce in the SPY is
looking weak, I’m starting to put together
short ideas just in case we lose support.
[06:51 am] Kris : BMR short
[06:52 am] Kris : CROX short half
[06:52 am] Kris : MCP heading for lod[06:52
am] Mitch K: watching GG for top to short
[06:53 am] Mitch K: ETN toppy, watching for
short
[06:56 am] Kris : LVS good spot to add for
your swing if you’re legging in.
[06:57 am] Kris : SPY trying to test overhead
resistance again.
[06:57 am] Mitch K: watching FRX for bounce,
starting now
[06:58 am] Kris : MS long half
[07:01 am] Kris : next is hod resistance
[07:01 am] Kris : SPY made it through last
resistance line
[07:04 am] Kris : X new highs
[07:04 am] Mitch K: watching these healthcare
stocks for shortable top: WLP, UNH. HUM,
AET
[07:05 am] Kris : 113 is gonna be solid
resistance on SPY
[07:05 am] Kris : SPY new hod[07:05 am] Mitch
K: watching WMB for short
[07:06 am] Brent : consider reducing FMCN if
you got it long
[07:06 am] Kris : looking for a weak bounce
in YUM to short into
[07:06 am] Kris : start looking for
underperforming stocks
[07:06 am] Mitch K: 30.50
[07:06 am] Mitch K: reduce MCP if doesn’t get
above 30.40 soon
[07:06 am] Mitch K: watching JNPR for
short
[07:07 am] Brent : nice Junior, FMCN at VWAP
here, will provide some resistance
[07:07 am] Mitch K: watching ACI for short
[07:08 am] Mitch K: consider reducing or
closing FRX long, weak bounce so far
[07:10 am] Kris : will short HST on a new
lod[07:13 am] Mitch K: gold stocks turning
over; GG, ABX, AUY
[07:13 am] Mitch K: healthcare stocks also
turning over: HUM, WLP, UNH, hope you got
those
[07:16 am] Kris : getting more green coming
across the board, watch that trendline
resistance.
[07:23 am] Kris : looking strong
[07:23 am] Kris : SPY testing 113 again
[07:23 am] Mitch K: consider covering WMB
[07:25 am] Mitch K: watching SWKS for
short
[07:28 am] Mitch K: losing patience with HUM
short
[07:28 am] Mitch K: TMO turning over, worth
small short
[07:29 am] Mitch K: consider covering most of
WLP
[07:29 am] Mitch K: UNH dropping better than
HUM
[07:30 am] Mitch K: you can look for another
short on WLP later
[07:31 am] Kris : SPY consolidating under
resistance 113.00
[07:35 am] Mitch K: pay attention to your ABX
short, consider reducing here
[07:36 am] Kris : see if we can push through
on this test, good for the longs.
[07:36 am] Kris : SPY testing resistance hod
again
[07:38 am] Mitch K: getting buying
[07:39 am] Mitch K: could move up a couple
more days if no bad European news
[07:39 am] Mitch K: monitoring TCK for short
LONG swing on TCK
[07:45 am] Brent : watching OVTI for a short,
resistance around $17
[07:48 am] Kris : SPY pulling back into
trendline support
[08:16 am] Brent : OVTI coming into VWAP and
even $16 support
[08:26 am] Mitch K: I didn’t post SINA in
text to short but if anyone did short,
consider reducing
[08:27 am] Mitch K: gold stocks finally
turned over, hopefully you got some of that
short
[08:28 am] Mitch K: health stocks only gave a
small short, then appear strong, esp HUM
[08:30 am] Mitch K: MCP looking toppy for
short
[08:33 am] Mitch K: i wouldn’t stay in MCP
for long period of time, look at daily
chart
[08:37 am] Mitch K: $31.20 area is all I
would expect with MCP but as you have seen
today, stocks have given little short profits
and been bullish most of day
[09:02 am] Brent : SPY looking to test
hod[09:43 am] Brent : SPY testing trendline
resistance
[09:50 am] Kris : careful with TNA long here,
not a good setup imho[09:51 am] Kris : you
have a lot of overhead resistance, earlier
high which became support for the low plus
trendline down and the move has been slow to
bounce from the last sell off.
[09:52 am] Kris : good job gary. smart
play.
[09:52 am] Kris : you’ll be fine for .30 or
so but I wouldn’t get too greedy on it.
[10:31 am] Brent : new hod on SPY
[10:32 am] Mitch K: Nasdaq Composite high of
day
[10:56 am] Mitch K: APKT short soon
[11:01 am] Kris : break time. will be back
in 30
[11:11 am] Mitch K: this APKT is some sort of
rumor today, that’s what spiked it
[11:13 am] Mitch K: microscalp long on MS
[11:14 am] Mitch K: looking for about 1% to
14.14 area on MS
[11:17 am] Mitch K: another microscalp,
SWK
[11:17 am] Mitch K: these are longs
[11:18 am] Mitch K: These ideas aren’t as
good and they have much smaller potential
profits
[11:19 am] Mitch K: require more precision
and speed, got to have right platform. do
you guys want these?
[11:35 am] Brent : REGN alert
[11:45 am] Kris : if we can close higher
[11:45 am] Kris : looks like we may get our
continuation day up over trendline resistance
on the SPY daily chart.
[11:50 am] Kris : I think that was Bert
frmendez67
[11:55 am] Kris : if it had opened near the
low of the aftermarket yesterday I may have
taken a small long but not where it opened
today
[11:55 am] Kris : yes matt, it already
bounced pre-market and I was looking for a
retest of the lows but the market was strong
so it didn’t really matter.
[11:56 am] Kris : I wait a few minutes to see
if it is going to make a new low on the
1min
[11:56 am] Kris : you can trade those either
way, pass or go with the side that has the
most money to S/R levels.
[11:56 am] Kris : you’ll get a crossover
sometimes of an RGAP and an EGAP
[11:57 am] Kris : right
[11:57 am] Kris : set an alert on the open
and then if it does turn weak later in the
morning I’ll still try to catch it short in
those cases.
[11:57 am] Kris : so it keeps you out of
trouble by waiting for some initial
selling
[11:57 am] Kris : that’s what you’re looking
for on those short gap trades.
[11:57 am] Kris : then see if it can hold
below the highs or make lower highs then new
lows.
[11:57 am] Kris : trending price moves
[11:58 am] Kris : I never regret my trade if
I follow my own rules. I do make notes of
interest to see how I can improve my
strategies.
[11:59 am] Kris : if I start to see a pattern
happening.
[12:00 pm] Kris : it keeps me from flip
flopping my rules and implementing something
unproven.
[12:05 pm] Mitch K: you guys get the REGN
drop and pop?
[12:29 pm] Kris : SPY consolidating under 114
resistance, could get one more push before
the close, good for those last longs you
might be trailing out from earlier.
[12:32 pm] Kris : JAKK ALERT
[12:32 pm] Kris : JAKK ALERT
[12:32 pm] Kris : thanks matt
[12:32 pm] Kris : there she goes, see if she
can follow through
[12:44 pm] Kris : barring overnight or early
morning negative news doji, he we should
continue to move up
[01:01 pm] Brent : have a great night all,
see you in the morning. Good job today
[01:01 pm] Kris : good night everyone. see
you all bright and early tomorrow morning.
|
[06:11 am] mikewd2 -: APKT large gap down
[06:13 am] joeytsa : reports: ADP came in
positive at 91k with 76k forecast….
[06:13 am] joeytsa : ISM non-manufacturing
PMI at 10am EST, Crude Inventories
@10:30EST
[06:21 am] joeytsa : gap downs : APKT,LUFK (
might be halted), BIDU,GMCR
[06:24 am] mikewd2 -: doji – my AGQ swing
didn’t last as long as i was intending. sold
after hours 107.50
[06:25 am] mikewd2 -: doji – thanks for
keeping me focused on AGQ in the afternoon,
was able to pick up more at 97.50
[06:26 am] sonorant : And apple, thanks for
your kind words yesterday — frustration has
indeed been my first middle and last name
these last few days given the computer
problems
[06:27 am] rusty : MELA worth watching
[06:29 am] aussie123 : Mitch…been with you
since March…the swing teaching you did
yesterday was your best…thank you…thank
you
[06:31 am] joeytsa : out APKT
[06:34 am] joeytsa : FAZ looking strong
[06:36 am] joeytsa : ABX running
[06:38 am] joeytsa : APA falling
[06:38 am] mikewd2 -: TNA L 32.04
[06:39 am] joeytsa : LUFK down , no surprise
off that pop
[06:39 am] garyb : TNA L 32.26
[06:40 am] joeytsa : out FAZ
[06:41 am] mikewd2 -: MCP
[06:42 am] joeytsa : FFIV closed gap might
retest
[06:43 am] mikewd2 -: out TNA 32.80
[06:44 am] rusty : AA hod[06:45 am] joeytsa
: trailing stop on LUFK
[06:45 am] apple : thx rusty for AA
yesterday
[06:50 am] sonorant : doji, are you going to
trade TNA/TZA today?
[06:50 am] doji : No sonorant, my
connectivity is very slow
[06:51 am] shark : BIDU heading down
[06:51 am] joeytsa : out LUFK +2.50 🙂
[06:52 am] shark : look at BIDU
-volume/price
[06:52 am] lightning : watching KGC for
short
[06:52 am] joeytsa : L TZA 50.75..tight
stop
[06:52 am] doji : MS reversing
[06:53 am] mikewd2 -: isn’t BIDU one of our
potential swing ideas
[06:53 am] mikewd2 -: BIDU, watch for a 3min
fade
[06:53 am] joeytsa : yeah shark..BIDU a d
o g
[06:54 am] shark : hitting lod from
yesterday -BIDU
[06:54 am] shark : BIDU volume going up on 1
min chart
[06:54 am] doji : TNA
[06:55 am] joeytsa : stopped on TZA +.50
[06:56 am] joeytsa : thanks..wasnt quick
enough for the reverse into TNA though
[06:57 am] joeytsa : nice reversal in
BIDU
[06:58 am] mikewd2 -: looking for 3min fade
play on BIDU
[06:58 am] mikewd2 -: in 105.15 long
[07:00 am] shark : ISM at expectations
[07:00 am] observer : SLW new hod[07:01 am]
shark : SPY hod[07:01 am] pow : 1/2
aks[07:03 am] joeytsa : BIIB looks strong
[07:04 am] skydiver : tibx[07:04 am] shark
: LULU hod[07:04 am] joeytsa : WLT spike
higher
[07:04 am] candelas : QCOM hod[07:05 am]
mikewd2 -: APA
[07:05 am] mhaus : JNPR
[07:05 am] anthonyb : RPM weak in the
markets move up
[07:06 am] observer : TNA screaming
[07:06 am] junior : out half FMCN thks
brent[07:06 am] mikewd2 -: stopped on BIDU
106.06
[07:07 am] anthonyb : TEVA failing.
[07:08 am] sfarrill : loving the 3min fade
thanks brent[07:08 am] junior : out another
qtr, will follow last with trailing
stp…..thxs again brent awesome trade
[07:10 am] junior : out all FMCN
[07:10 am] electrader : l FMCN 19.70 out 1/2
19.90 stopped remainder 20.34
[07:12 am] truck : Thanks Brent,,,,FMCN !
[07:14 am] rusty : RIMM radar
[07:14 am] joeytsa : FAZ nice reversal off
the prev close support
[07:16 am] topdogrex : rimm on fire
[07:17 am] rusty : OCR radara agaom[07:18
am] mikewd2 -: i assume that no Iphone 5
released but not sure
[07:19 am] shark : RIMM -M&A talk,
possible VOD buyout
[07:19 am] mikewd2 -: should be a good short
at some point
[07:19 am] candelas : it was a
disappointment by street
[07:20 am] shark : cool -S deserves a
break
[07:20 am] mikewd2 -: yeah, but they paid 500
per phone
[07:20 am] mhaus : Sprint might be getting
Iphone 5 exclusive for 6 months
[07:20 am] candelas : APKT hod[07:22 am]
shark : TNA hitting resistance at hod[07:22
am] joeytsa : FFIV just keeps creeping up
[07:23 am] garyb : TNA broke resistance
[07:24 am] rusty : RIMM nhod[07:25 am]
joeytsa : SINA looks weak tome, can’t seem
to bust through prev close
[07:26 am] rusty : OCR alert
[07:27 am] rusty : moving down fast
[07:27 am] rusty : alert
[07:29 am] joeytsa : great price topdog
[07:28 am] topdogrex : rimm short
[07:28 am] joeytsa : APKT is a beautiful
overreaction gap
[07:29 am] topdogrex : @ 23.97
[07:29 am] shark : HUM, hmmm…we know how
that can go, Mitch
[07:30 am] mhaus : APKT
[07:32 am] junior : stop out SWKS short
[07:34 am] rusty : ss PZZA?
[07:34 am] joeytsa : late news: Moody gave
Italy a 3-level downgrade
[07:35 am] mhaus : CHTR
[07:35 am] Kris : ss olivegarden[07:35 am]
Kris : lol rusty
[07:35 am] joeytsa : BIIB toppled, higher
high was on lower highs with the indi’s[07:35
am] candelas : APOL hod[07:36 am] tennisball
: Mitch any thoughts on apkt?
[07:37 am] joeytsa : tennis: APKY said this
quarter was weak, but reiterated its 2011
outlook
[07:37 am] joeytsa : APKT
[07:37 am] candelas : AAPL hod[07:39 am]
joeytsa : no clue long-term haha [07:39 am]
joeytsa : classic overreaction and
reversal
[07:41 am] rusty : SODA increasing
distribution stream
[07:42 am] lightning : RIMM headed for a new
HOD
[07:42 am] joeytsa : crude inventories came
in at -4.7M with 1M forecast
[07:45 am] rusty : OCR re radar
[07:46 am] joeytsa : FSLR rolling
[07:50 am] rusty : SINA takeover rumors
[07:51 am] rusty : solar stocks hod[07:52
am] rusty : or thereabouts
[07:52 am] mikewd2 -: AGQ L 101.43
[07:52 am] mhaus : DVN
[07:54 am] mikewd2 -: whose suppose to take
over SINA?
[07:55 am] rusty : OCR lod[07:55 am] mikewd2
-: wow – got the bottom of that AGQ dip
[07:55 am] garyb : TNA bumping on $34
resistance line
[07:59 am] mikewd2 -: entered WYNN for a
swing at 105.85, buy might end up day
trade
[07:59 am] garyb : my LVS & WYNN swings
are doing well
[08:00 am] mikewd2 -: i need to show patience
on WYNN
[08:00 am] garyb : Mike you got WYNN at a
great price
[08:01 am] mikewd2 -: yeah, that’s what makes
it harder to hold – quick pop and you want
out.
[08:01 am] mikewd2 -: i’ve yet to hold a
successful swing that Mitch recommends. going
to try to hold this one
[08:02 am] mikewd2 -: right, that’s the area
i was thinking
[08:02 am] garyb : Look at the daily…it
could hit 135 – the 200 day sma[08:03 am]
mikewd2 -: was going to consider adding as we
move up over next few days
[08:03 am] mikewd2 -: TZA starting to look
promising
[08:04 am] rusty : OCR bounce
[08:06 am] mikewd2 -: TZA L 48.1 tight
stop
[08:07 am] junior : out half OVTI….love
your trades Brent!!!!!
[08:07 am] Brent : nice Junior
[08:08 am] garyb : Mike….don’t know about
TZA today…market is strong
[08:08 am] scalpman : OVTI S out 4/5…good
one brent[08:09 am] mikewd2 -: working on a
trailing stop
[08:09 am] mikewd2 -: out AGQ 103.40
[08:09 am] lightning : nice scalpie. I
guess I was too early, got stopped and didn’t
re-enter. Oh well.
[08:10 am] kent : OVTI Thx Brent..Good
Call
[08:11 am] neuronx : OVTI daily stoch around
20
[08:14 am] mikewd2 -: out TZA 48.80
[08:14 am] mhaus : LO
[08:15 am] Brent : take care Anthonyb[08:15
am] anthonyb : Have a great day everyone.
See you tomorrow! Another good day in the
trenches. I’m off to work
[08:16 am] bullwind : KRO Breaking 16
[08:16 am] anthonyb : Take care brent. I
missed a lot of entries, but was 4 for 5 on
the ones I entered
[08:17 am] rusty : DBAB negative note on
LO
[08:17 am] neuronx : Brent what is VWAP
[08:17 am] junior : out all OVTI .15 another
beauty Brent
[08:17 am] doji : Volume Weighted Average
Price
[08:17 am] doji : Good job Anthony, I am
just checking with LVS and FMCN swings…
still holding
[08:17 am] anthonyb : Sonorant. I was long
X,SNDK,AA, and was short RPM, and SWKS.
SWKS=losing trade
[08:18 am] sonorant : thanks, I’ll check the
charts ab[08:18 am] mikewd2 -: got out of TZA
a bit early, thought %k on 3min flatten, but
it was %r
[08:18 am] Brent : what doji said neuronx,
volume weighted average price
[08:21 am] sonorant : I tried to trade
TNA/TZA early on, and just got bumped around.
The waters look much calmer now.
[08:24 am] mikewd2 -: TNA looking promising
again
[08:27 am] garyb : yes
[08:29 am] garyb : no
[08:30 am] junior : watching TEVA possible
short
[08:35 am] trvlntrdr : Mitch do you mean MCP
could rebound in the next few days because of
oversold?
[08:36 am] Mitch K: yes trv, it’s been strong
today off that bottom
[08:37 am] trvlntrdr : Just want make sure I
read the daily chart the way you do
[08:38 am] bullwind : KRO Broke through
[08:39 am] mhaus : ULTA pretty strong
today
[08:39 am] junior : out even TEVA short, not
liking it
[08:42 am] trvlntrdr : Ulta is one of the
few stocks above its 50 d ma
[08:46 am] rusty : always have to put
lipstick on pig during recession
[08:49 am] trvlntrdr : rusty is that a
reference to ULTA a cosmetic producer? 🙂
[08:51 am] junior : rusty are you long
OCR?
[08:52 am] sonorant : I believe cosmetics
and liquor were two of the products that did
really well during the great depression —
got to make yourself feel good, yes?
[08:52 am] joeytsa : people still need to
drink, brush their teeth etc[08:53 am] rusty
: x
[08:53 am] rusty : “SIN” stocks
[08:53 am] joeytsa : that’s why ‘necessity
stocks’ do well in bad times for the most
part
[08:53 am] joeytsa : in good times, they
move too slow so the money goes to more
momentum stocks
[08:54 am] trvlntrdr : I think that is part
of Warren Buffet’s investment philosophy.
people usually need underwear, trains and
bricks
[08:54 am] rusty : traded it before
[08:54 am] rusty : no junior
[08:54 am] rusty : NFLX pop
[08:55 am] victor51 : thanks Apple. i will
wait Brent’s response
[08:55 am] observer : metals breaking out
[08:55 am] junior : ok thanks, saw your
alert earlier, nice move off the bottom
[08:56 am] rusty : BAC website down yet
again
[08:57 am] rusty : wish I was smart enuf to
hold it longer
[09:01 am] shark : NFLX alert
[09:02 am] shark : NFLX new hod -moving
[09:05 am] junior : watching TEVA again
[09:07 am] lightning : Junior, I like the
TEVA volume. I’d like to see it push through
37 strongly before I’ll short.
[09:08 am] sonorant : lightning, thanks for
reminding me about the whole number
[09:08 am] junior : agree light
[09:14 am] joeytsa : MBI alert, low priced
stock
[09:17 am] joeytsa : crazy moves on the
%30wk the past few days..big swings
[09:18 am] joeytsa : nyse bpi dropped below
20% even with yesterdays late move
[09:19 am] mikewd2 -: RIG
[09:19 am] lightning : joey, what does that
mean?
[09:21 am] rusty :
http://stockcharts.com/h-sc/ui?s=$BPNYA&a
mp;p=D&yr=0&mn=6&dy=0
&id=p95400394665
[09:21 am] rusty : here is BPI (Bullish
Percent Index) in chart….
[09:21 am] mikewd2 -: RIG L 44.53
[09:21 am] lightning : Joey, got it…BPI =
Bullish Percent Index.
[09:21 am] joeytsa : nyse bpi: only 18% of
nyse stocks are on buy signals..pretty low
number
[09:21 am] joeytsa : %30wk is like Mitch’s
T2108
[09:22 am] rusty : you can look up BP for
different sectors, exchanges etc[09:22 am]
joeytsa : lightning: i use the p&f
charts for that
[09:23 am] joeytsa : takes a more sustained
move to switch column or from x’s and
o’s…can be confusing at first though
[09:24 am] mikewd2 -: TNA L 33.15
[09:24 am] lightning : I haven’t tried the
p&f charts. It’s about time I at least
learned how to read them.
[09:24 am] joeytsa : like yesterday: even
with that up close we had…we still had 2%
more nyse stocks move to sell signals
[09:25 am] sonorant : yes, but pretty
grounding for swings
[09:25 am] sonorant : so gets past the
superficial
[09:25 am] joeytsa : useless for daytrading
haha[09:25 am] joeytsa : great tool for
market internals, that you can’t always see
on a normal chart
[09:26 am] joeytsa : sonorant: its more that
this chart ranks each nyse stock
equally…it’s not weighted like the
dow30/s&p500 for example
[09:27 am] sonorant : so a different
perspective
[09:28 am] joeytsa : exactly..again useless
for daytrading, but can give you a good sense
of the true internals of the market
[09:30 am] sonorant : TEVA approaching $37
again
[09:30 am] rusty : AEC almost bearish
engulfer[09:31 am] junior : been watching
TEVA also, strong against a falling mkt will
pass on a short I think
[09:31 am] joeytsa : AGQ broke a small
consolidation area
[09:32 am] lightning : watching YOKU for a
bottom
[09:33 am] sonorant : SPY sitting at a bunch
of resistance lines
[09:33 am] joeytsa : FAZ hod[09:33 am] garyb
: TNA
[09:35 am] mikewd2 -: adding to TNA 32.75
[09:35 am] junior : CCL
[09:35 am] garyb : nice mike…I’m in
32.68
[09:36 am] rusty : MELA lod[09:36 am]
mikewd2 -: well in also at 33.15
[09:36 am] joeytsa : in TZA 50
[09:37 am] joeytsa : stopped for 10cent
gain
[09:38 am] mikewd2 -: RIG finally starting to
move the right way
[09:39 am] sonorant : yes, I’m in TNA for
2nd time in a couple of minutes — joined
joey in the countertrend briefly
[09:40 am] joeytsa : set my stop because of
seeing something i didn’t like, but made the
right overall call
[09:40 am] garyb : head faked again
[09:41 am] sonorant : I agree — but which
is it now? looks like support was broken on
SPY
[09:41 am] sonorant : I know, very very
tricky – and frustrating
[09:41 am] mikewd2 -: usually the second one
turns out good – if not the third is the
charm
[09:41 am] joeytsa : candelas: that trade
was a little lower than the gut haha[09:41
am] candelas : trading from the “gut”
Joey?
[09:42 am] joeytsa : WLT might head down to
prv close
[09:43 am] mikewd2 -: WLT has been a hard one
to trade
[09:44 am] joeytsa : FAZ might bounce off
15d support and move back up..just
watching
[09:45 am] joeytsa : looking for a new
hod[09:46 am] sonorant : I don’t know why I
just didn’t buy both of them at exactly the
same time and wait. Surely I would have
been better off than I am now!
[09:49 am] mikewd2 -: thinking of adding to
my TNA
[09:49 am] garyb : TNA looks good on 2 &
3 min..stoch pointing up…giving it another
go
[09:50 am] mikewd2 -: ok, thanks Kris
[09:50 am] joeytsa : agreed, needs to break
this range
[09:50 am] joeytsa : ES in a 4-5pt range,
back and forth in the darvis box
[09:51 am] sonorant : good to know — but
why?
[09:51 am] garyb : thanks Kris &
Joey….moved stop up so I can make my broker
richer lol[09:52 am] rusty : Another CNBC
guru’s true performance
http://www.bloomberg.com/apps/quote?ticker=HA
G:CN
[09:52 am] lisas : Half off, stop in the
green
[09:52 am] garyb : moved stop to BE
now….so I can keep out of trouble
[09:53 am] Kris : is there a 3x short on the
HAG:CN?
[09:53 am] joeytsa : anyone listen to this
morning’s ‘morning gps’? good free 20 minute
info
[09:55 am] mikewd2 -: still have some at
33.15 [09:54 am] mikewd2 -: got 0.30 on last
buy
[09:56 am] sonorant : I’m out my last round
of TNA, still in my TZA purchased at same
time
[09:57 am] mikewd2 -: Kris was right as
usual.
[09:57 am] garyb : I’m out of tna as
well…got some quick lunch money,….now
going to buy some lunch (nice steak! lol)
[10:05 am] joeytsa : most likely will enter
early on a test of support with bottoming
indi’s[10:05 am] joeytsa : added KMB to a
swing watch…looking for a new52wk-high
breakaway trade
[10:09 am] junior : out half CCL 30.50
[10:11 am] junior : stop last half be
[10:11 am] joeytsa : s SINA 74.40
[10:12 am] joeytsa : only ot 200 shares
woopie[10:13 am] candelas : it adds up
[10:14 am] rusty : for clarification – the
stock, not the country
[10:14 am] rusty : CHINA halted
[10:15 am] joeytsa : finally stopped out at
be
[10:17 am] joeytsa : quick upturn on the
ES
[10:19 am] junior : come on CCL break
.50…..you can do it, I might take a cruise
if you do, maybe
[10:20 am] sonorant : junior, how many
shares on CCL?
[10:20 am] joeytsa : cramer ” being bullish
here is betting on a big ‘if’ and probably
asking for one more slap to the head from
europe’ hahah[10:21 am] junior : 200 left,
199 for me and one for candelas
[10:21 am] joeytsa : i think he means just
to be cautious
[10:21 am] doji : Meaning he is bearish now
Joey?
[10:22 am] rusty : TLT lod[10:22 am] joeytsa
: he’s been harping that today’s market
isn’t like 2008’s
[10:23 am] doji : Watch the SPY
[10:25 am] shark : you’re on SPYder watch,
doji. good job!
[10:25 am] rusty : Pac Crest says RIMM
inventory is bad and getting worse
[10:25 am] rusty : fwiw[10:25 am] doji :
4th time it rebounds from 113.5 resistance
[10:26 am] sonorant : TZA anyone?
[10:26 am] shark : lifeless TZA still
[10:26 am] lisas : good to watch tlt
Rusty
[10:27 am] sonorant : I know
[10:28 am] victor51 : bought CRM @ 14 for a
swing trade. Anyone in?
[10:28 am] junior : out another qtr CCL
[10:28 am] joeytsa : re:TLT..sometimes it’s
hard to daytrade things with small daily
ranges
[10:29 am] shark : AAPL new hod[10:30 am]
joeytsa : now i remember why 92% of my
profits come in the first 60 minutes
[10:32 am] joeytsa : SOHU hod[10:33 am]
joeytsa : SHLD on the short swing
watchlist[10:40 am] doji : A lot of pressure
on the SPY to break above 113.5
[10:42 am] lightning : APKT spike
[10:47 am] derns : Brent..is there a
possible 3 min fade short on APKT or is it
too strong?
[10:48 am] sonorant : Brent, how do you know
this???? arghhhh… because I dont.
[10:48 am] rusty : TSL hod[10:48 am] junior
: yeah, that too mhaus, lots of pulling
[10:48 am] Brent : looks too strong to me
derns[10:48 am] Brent : APKT does
[10:49 am] rusty : now mid 30’s
[10:49 am] rusty : Mitch TSL was 17 rsi the
other day
[10:50 am] neuronx : Mitch are you long on
FMCN too you told yesterday on room but
nothing in report?
[10:51 am] shark : NFLX – part 2 rally. VERY
good volume on move ups
[10:51 am] Brent : APKT is trending up
Sonorant, not much resistance where it’s at.
If it keeps going with some increasing
volume, it might be interesting
[10:57 am] lisas : interesting that upro and
qld have done better than tna today, people
still concerned about small caps
[10:57 am] lisas : hopefully TNA can follow
them to new high
[11:01 am] lightning : APKT smackdown[11:11
am] sonorant : watching APKT fall
[11:11 am] apple : the silence is deafening
– how about some music?
[11:17 am] doji : swing NFLX?
[11:17 am] doji : Anyone long in NFLX?
[11:18 am] doji : Which one Mitch? The one
on the screen (MS and APKT)?
[11:18 am] doji : Long swings?
[11:19 am] Mitch K: by the way, I am
partially locked up so i can’t see any of
your user chat posts, nor mine either except
for the first time i post in announcements
[11:19 am] lisas : yes
[11:19 am] lightning : watching AMX for the
top
[11:20 am] doji : Second time: anyone long
swing in NFLX?
[11:21 am] lightning : not in NFLX
[11:25 am] lisas : got my target in MS
[11:25 am] frmendez67 : Mitch thanks for the
tip on MS understand much faster execution
[11:26 am] sonorant : yes, I liked the MS
trade
[11:26 am] sonorant : tiny, but
predictable
[11:32 am] victor51 : I am in SWK and will
close in 30 minutes
[11:36 am] terry : bad news on regn[11:36
am] joeytsa : TZA at prev close
[11:38 am] joeytsa : DECK bouncing around
suport[11:41 am] lisas : so looking at REGN
as a 3 min fade, it has really wide ranging
bars, I guess if we wanted to take it we
would reduce size, or go to 1 min to find
support?
[11:42 am] sonorant : yes, REGN makes me
nervous because of the spread
[11:42 am] sonorant : and I’m not sure it’s
done going down
[11:42 am] joeytsa : out DECK
[11:42 am] derns : Terry..was there specific
bad news?
[11:44 am] terry : novaetis lowering price
of regn’s drug 30%
[11:46 am] junior : yhoo[11:47 am] rusty :
MSFT + YHOO rumors
[11:49 am] frmendez67 : Kris, thank for RGN
alert
[11:50 am] joeytsa : it was also brent
haha[11:50 am] frmendez67 : thanks to Bret
then
[11:50 am] frmendez67 : sorry that was
REGN
[11:52 am] terry : regn did good after
all
[11:52 am] lightning : is REGN shortable on
the top of this bounce?
[11:52 am] Kris : I wouldn’t matt, not with
this strong market we’re having today
[11:52 am] Kris : have a good one apple. see
you tomorrow.
[11:52 am] Kris : and look at the daily on
it.
[11:52 am] joeytsa : GMCR moving
[11:52 am] Brent : have a great evening
apple
[11:52 am] apple : thx to MK, K, B and
everyone for another great day. Gotta go
pick up my son from school – everyone have a
fantastic evening.
[11:53 am] lightning : yep, stochastics
bottoming. Thanks
[11:53 am] Kris : starting to bottom as a
swing trade to the long side. just has to
get through that 60 reistance[11:54 am]
victor51 : brent, please do not forget to
send me link on swing trading from Mitch
yesterday. i would really appreciate
[11:54 am] mhaus : GMCR
[11:54 am] lightning : Kris, before the
open, did you see APKT as potential R-gap
trade?
[11:55 am] joeytsa : watching WLT
[11:56 am] lightning : It was easy for me.
I passed, but I’m trying to make sure I
understand the gaps
[11:56 am] joeytsa : very true kris[11:56
am] frmendez67 : thanks Brent for REGN
[11:57 am] lightning : Right, it never broke
to a new low after the 1min candle
[11:57 am] joeytsa : victor..it’s in the
documents tab
[11:57 am] Brent : which link Victor? did you
email me?
[11:58 am] joeytsa : bottom right of the
chart
[11:59 am] joeytsa : smart plan kris..that’s
how you learn
[12:00 pm] joeytsa : i’ve been also looking
at where the stochs are on gaps at the
open
[12:01 pm] rusty : MSFT moving down
[12:01 pm] rusty : ? on YHOO rumors
[12:01 pm] joeytsa : still more research to
do b4 i say ‘aha”
[12:04 pm] lightning : HMIN down more than
1% in a few seconds
[12:05 pm] terry : i wish
[12:05 pm] lightning : just the pop on
REGN
[12:06 pm] sonorant : thanks for GMCR
[12:06 pm] rusty : VIT daily chart radar
[12:06 pm] mbear : Yes Mitch – thanks for
REGN – trying to place a few trades while at
work…I’m still long half from 56.90
[12:06 pm] Kris : good eye rusty
[12:07 pm] sonorant : mhaus — thnx[12:12
pm] mhaus : CF
[12:24 pm] joeytsa : time to run, great
calls, thanks…see everyone tomorrow
[12:26 pm] Brent : have a good night Junior
[12:25 pm] Kris : good job today joey, see
you tomorrow.
[12:25 pm] joeytsa : good luck with trading
the rest of the day…thanks kris…lots of
research to do 🙂
[12:29 pm] rusty : worth watching over next
few days for trades
[12:29 pm] rusty : OCR hammer candle with
large volume
[12:31 pm] lightning : JAKK spike
[12:33 pm] rusty : JAKKS PACIFIC INC SAYS
“UNANIMOUSLY BELIEVES THAT THIS IS NOT THE
RIGHT TIME TO SELL THE COMPANY
[12:42 pm] Kris : yesterday
[12:42 pm] Kris : we retested the lows and
then europe sneezed some good news
[12:43 pm] mhaus : ESI
[12:43 pm] Kris : today is a trending day
continuation
[12:43 pm] doji : So the odds tomorrow is
that we should continue moving up right?
[12:44 pm] shark : LULU
[12:44 pm] rusty : Employee shot at HP
campus Cupertino CA
[12:44 pm] garyb : the jobs number is out in
the morning..may screw things up
[12:44 pm] doji : Unless Greece mess it up
again
[12:47 pm] lightning : there was a shooting
at a Cupertino quarry about an hour ago.
[12:47 pm] lightning : sorry, that happened
earlier in the day.
[12:47 pm] doji : TZA
[12:47 pm] doji : 47.23
[12:48 pm] doji : Run TZA run
[12:49 pm] doji : out another 1/4 moving
stop
[12:49 pm] doji : out 1/4 TZA
[12:53 pm] doji : all out TZA
[12:54 pm] lightning : Thanks TSA and
everyone. See you tomorrow.
[12:58 pm] candelas : hod Bidu[01:00 pm]
lisas : Thanks Mitch, Kris, Brent and
all!
[01:01 pm] sonorant : so, candles, what does
hod BIDU tell you? do you use it to
strategize tomorrow’s trade? add it to a
majic list?
[01:01 pm] mhaus : ZUMZ spike over
earnings
[01:01 pm] mhaus : ZUMZ
[01:03 pm] candelas : I have it as swing and
I been day trading it also
|