[06:12 am] Kris : Good Morning Traders
[06:12 am] Kris : This morning I’m watching
ROST, DLTR, DG, HCSG and KLAC on the long
side
[06:13 am] Kris : AUXL, BCR, DVA, NFLX, CPX,
GOLD and STO on the short side.
[06:14 am] Brent : good morning
[06:30 am] Kris : He’ll be online shortly
[06:30 am] Kris : Mitch is having computer
problems, he’s trying to sign on.
[06:31 am] Kris : FOSL long half
[06:31 am] Kris : SMG long half
[06:31 am] Kris : WYNN long half
[06:32 am] Kris : NFLX short
[06:33 am] Kris : out half NFLX short
[06:33 am] Kris : ROST long half
[06:34 am] Brent : watching SPN for a
bounce
[06:34 am] Kris : out another 1/4 NFLX
short
[06:35 am] Kris : ARMH short half
[06:35 am] Kris : SMG trying for new
hod[06:36 am] Kris : out half SMG long
[06:37 am] Kris : holding up here, looking
healthy
[06:37 am] Kris : SPY resistance at 118
[06:38 am] Kris : out another 1/4 SMG long
[06:38 am] Kris : TZOO long half
[06:39 am] Kris : BIDU short half
[06:39 am] Kris : WYNN new hod[06:40 am] Kris
: FOSL trying to break hod[06:40 am] Kris :
out half WYNN long
[06:41 am] Kris : start watching TZA for a
long soon
[06:43 am] Kris : SINA long half
[06:44 am] Kris : stopped BIDU
[06:45 am] Brent : watching HGSI for a
bounce
[06:45 am] Brent : watching VRTX for a
bounce
[06:46 am] Kris : out half SINA long
[06:46 am] Kris : WYNN new hod[06:47 am] Kris
: JBL long half
[06:47 am] Kris : SPY forming trendline
support
[06:48 am] Kris : NFLX testing lod support
[06:48 am] Kris : VRUS long half
[06:49 am] Kris : long second half TZOO
[06:49 am] Kris : VRUS looking strong
today
[06:52 am] Brent : consider reducing SPN
[06:53 am] Kris : out half TZOO long
[06:55 am] Kris : out half JBL long
[06:58 am] Kris : on this pullback
[06:58 am] Kris : see if SPY holds trendline
support
[07:00 am] Kris : out all WYNN long
[07:00 am] Kris : SMG consolidating under hod
resistance, looking for another move up.
[07:02 am] Brent : watching RES for a
short
[07:04 am] Brent : consider reducing more SPN
soo[07:04 am] Brent : soon
[07:04 am] Brent : VRTX consolidating,
tighten stop if long
[07:05 am] Kris : IOC buyout rumor
[07:05 am] Kris : still seeing buyers here,
almost systematic
[07:07 am] Kris : NFLX new lod[07:07 am] Kris
: starting to scan for weak stocks
[07:09 am] Brent : consider reducing RES
short
[07:10 am] Brent : consider reducing VRTX
[07:10 am] Brent : next target $19 area on
RES
[07:11 am] Kris : SPY still holding that
trendline support
[07:12 am] Brent : consider reducing more RES
here
[07:12 am] Brent : next target $42.90 area on
VRTX
[07:13 am] Kris : watching ULTA for a short
soon
[07:14 am] Kris : RGLD long half
[07:15 am] Kris : out half FOSL long
[07:15 am] Mitch K: watching CELG for short
soon
[07:16 am] Kris : getting more green coming
across the board, watch that trendline
resistance.
[07:17 am] Brent : RES still dropping, just
trail your stop with it if still short
[07:17 am] Kris : SMG trying to breakout out
of consolidation area
[07:17 am] Kris : watching COH for a short
[07:18 am] Kris : TZOO testing hod[07:21 am]
Mitch K: watching FNSR for short
[07:29 am] Kris : GME buyout rumor
[07:30 am] Kris : HGSI short under 11.25
[07:39 am] Kris : COH consolidating, if you
got it short, look to take some off and
tighten your stop
[07:40 am] Brent : SPY testing trendline
support
[07:55 am] Kris : TXT buyout rumor
[07:55 am] Mitch K: WYNN turning over,
looking for a longer term drop on this
today
[07:58 am] Kris : watching RNOW for a long
[08:03 am] Kris : HGSI breaking down
[08:03 am] Kris : if you got that short below
.25, look to take some profit here.
[08:12 am] Mitch K: CELG should also be
giving more short profits
[08:14 am] Mitch K: missed the RNOW bounce
but look for a short on RNOW above 37+
[08:15 am] Kris : I’m long RNOW
[08:16 am] Kris : still have half, looking
for 36.94
[08:16 am] Mitch K: remember that pattern
last week on big drops, a bounce, then the
short on the top of that bounce goes to lower
lows? Same thing with VRTX this morning,
that pattern is repeating and should
continue
[08:16 am] Mitch K: same with SPN, drops all
the way to bottom again after bounce, but no
new low yet
[08:20 am] Kris : out all RNOW long
[08:33 am] Mitch K: JBL another slow drift
down today, more profit on the short side
[08:53 am] Mitch K: new low with RES
[09:03 am] Mitch K: looking at ROST for slow
motion drop for short
[09:04 am] Mitch K: looking for slow drift
down with HOT for short profits
[09:16 am] Kris : watching VRTX for a short
on a new lod[09:42 am] Kris : be back in 5
minutes
[09:42 am] Kris : I need to restart
[09:58 am] Mitch K: watching for long scalp
in NFLX soon
[10:01 am] Mitch K: try not to hurry on the
long entry in NFLX because we have analysts
calling for low target price
[10:02 am] Mitch K: you guys probably already
know the NFLX CEO made a change a 3rd time
today, back to one company, no Qwikster and
NFLX billing by two companies.
[10:20 am] Brent : SPY new hod[10:26 am] Kris
: NFLX still looking weak, careful with the
longs
[10:32 am] Mitch K: little short scalp in
CELG here
[10:39 am] Mitch K: looking for slow motion
bounce in SHW,
[10:39 am] Mitch K: Sherwin Williams paint
[11:19 am] Mitch K: like around 1048am
pacific time, that new low, that 3 min
candle
[11:19 am] Mitch K: when you see a long idea
like SHW earlier, make new lows than the
previous low, that’s where you usually want
to stop out
[11:29 am] Mitch K: new low on NFLX
[11:35 am] Mitch K: uptrending day, not a lot
of volatility on trending
[11:43 am] Mitch K: still watching for stocks
to peak and turn over.
[11:44 am] Kris : IBM long
[11:44 am] Kris : stop IBM under 185.67
[11:44 am] Mitch K: this type of chart
pattern here on the daily chart
[11:49 am] Kris : I’m starting to leg into a
TZA swing long today, 1/4 position, will stop
under 39.94, will look to add over the next
couple days.
[11:51 am] Kris : combination of S/R and the
run from the last 5 days plus we’re having a
very low volume day
[11:53 am] Mitch K: watching OPEN
[12:29 pm] Brent : SPY testing trendline
resistance
[12:32 pm] Mitch K: it is always a marriage
between reward and risk, can never be
divorced. always married
[12:32 pm] Mitch K: on days like today, which
is what I call a trending day UP, it’s
difficult to trade the same way we do in the
first 90 minutes because there is not the big
swings. You have to take more assumptions on
what the stock is going to do based on longer
term charts and the winning rate percentage
is lower on the number of trade ideas you are
correct but has more potential profit
[12:33 pm] Mitch K: what you have here on
NFLX pow, is short covering today and a
little speculation long and with 26 minutes
left, not big potential for the risk
[12:58 pm] Mitch K: expecting a little more
volatility tomorrow on Tuesday, which is good
for scalps
[12:59 pm] Kris : Good night everyone. see
you all back here tomorrow morning.
[01:00 pm] Brent : have a great night, see
you tomorrow
[01:01 pm] Mitch K: later guys
|
[06:13 am] joeytsa : NFLX gapping up big
just because they decided not to rename the
dvd company
[06:14 am] shark : NFLX -new excuse to sell
or buy?
[06:15 am] joeytsa : shark, im not sure but
does that news add any value to the
company?
[06:16 am] joeytsa : FAZ gap down too
[06:16 am] joeytsa : not too many big gap
downs, SQQQ,BABY
[06:16 am] shark : I think it does…
[06:17 am] joeytsa : gap up :
NFLX,GOLD,GLD,BIDU,AAPL etc[06:18 am] joeytsa
: markets might get exciting this week with
earnings…
[06:19 am] joeytsa : 3 companies to
watch..tues AA, th-GOOG,JPM…might set the
tone
[06:34 am] joeytsa : NFLX great trade 🙂
[06:34 am] joeytsa : VMW diving
[06:35 am] skydiver : S NFLX 127.16 – thanks
to Kris
[06:38 am] skydiver : S NFLX 127.16 –
covered 125.32 – yes – good one Kris!
[06:39 am] skydiver : wow – made my goal for
the day on one trade!
[06:40 am] joeytsa : or just keep hitting it
daily 🙂
[06:40 am] skydiver : sounds good — last
two weeks have been great! But – no emotions
– keep focused
[06:40 am] skydiver : time to change my
goal
[06:42 am] joeytsa : AGQ hod[06:43 am]
joeytsa : CPX down after big gap up
[06:44 am] observer : L tza 44.30
[06:46 am] garyb : TZA L 44.47
[06:46 am] junior : out half SPN
[06:48 am] skydiver : S NFLX 126.01
[06:50 am] shark : maybe they’ll do a “take
back” on that NFLX price increase
[06:51 am] skydiver : stopped out NFLX at
125.05
[06:51 am] skydiver : tight stop
[06:52 am] joeytsa : BIDU still looking
strong
[06:52 am] rusty : SPY above its 50dma first
time since July
[06:53 am] dano : in SPN 23.08
[06:53 am] junior : thx for SPN Brent
[06:54 am] joeytsa : AGQ now lod[06:55 am]
joeytsa : VRUS had a nice run so far, see if
this downturn holds or not
[06:56 am] observer : TZA stopped out
platform issues unable to take profits
frustrating oh well
[07:01 am] joeytsa : BIDU hod[07:02 am]
shark : nice moves CMG, BIDU, GMCR, LULU
[07:03 am] joeytsa : analyst still reaffirms
$102 price on NFLX
[07:03 am] joeytsa : NFLX might be breaking
down
[07:03 am] shark : TONS of overhead
resistance NFLX
[07:04 am] joeytsa : i take analysts with a
grain of salt
[07:04 am] rusty : IOC radar
[07:04 am] shark : I put some bearish
options after open pop
[07:05 am] joeytsa : FSLR gapped up and
dropped right back to the prev close..moving
higher now
[07:07 am] joeytsa : sprint at 2 1/2 yr low
after 6 downgrades
[07:08 am] joeytsa : CELG moving up
steadily
[07:08 am] junior : CELG
[07:09 am] anthonyb : guys, I can’t keep my
eyes open. Closed all positions for a measly
$84 profit. I’m gonna go do yard work or
something. Happy Columbus day! See you all
tomorrow
[07:13 am] shark : CMG up $13+
[07:14 am] joeytsa : market has been
climbing, NFLX just wiggles lower
[07:14 am] shark : pick up some GMCR
skydiver – someone bought 6000 Nov 105
Calls
[07:15 am] shark : sink, drop,
dive…NFLX
[07:16 am] joeytsa : re: GMCR..earnings date
10/26
[07:16 am] skydiver : watching GMCR
[07:17 am] joeytsa : small spike up in NFLX,
could set up another short
[07:17 am] skydiver : watching NFLX as
well
[07:18 am] joeytsa : might be a nice
earnings play with your option info
[07:18 am] skydiver : thanks Shark and joey
on GMCR
[07:19 am] joeytsa : some good earnings this
week might give the market a bit of a lift
[07:19 am] shark : CMG hitting 50day ma
[07:19 am] shark : GS should work on their
own stock
[07:19 am] terry : gs likes nflx here
[07:20 am] joeytsa : GS has been a dog all
year
[07:21 am] joeytsa : look how it has ridden
the 20ma down all year
[07:24 am] derns : Market is strong…but
TZA looks like it is setting up for a 3-min
fade long
[07:24 am] electrader : long CELG 65.93 out
1/4 66.21
[07:25 am] shark : NFLX s 125.05
[07:27 am] observer : NBR new hod[07:29 am]
joeytsa : AGQ making nice moves
today..hod[07:30 am] skydiver : GME –
rumors
[07:31 am] doji : Good morning guys, on a
business trip no trades today, will just
watch… good luck to all of you
[07:31 am] electrader : stopped remainder of
CELG @66.75 1.2%
[07:31 am] joeytsa : LVS approaching
hod[07:32 am] joeytsa : COH breaking
down?
[07:32 am] joeytsa : nice trade on both
halves elec[07:32 am] skydiver : watching
GME – still climbing
[07:33 am] shark : CMG up $16
[07:35 am] electrader : thanks man – first
breakout to work in my favor – exciting
[07:36 am] electrader : might have set stop
a little too tight looks like it’s may go
for another leg up
[07:36 am] joeytsa : BIDU hod again
[07:36 am] skydiver : S GME 24.88
[07:37 am] shark : CMG up $17
[07:39 am] monster : spn back to lod[07:41
am] joeytsa : MA another possible.
interesting swing short setting up….
[07:42 am] joeytsa : its ridden the 50ma up
almost all year, broke thru late sept, now
the 20/50ma might be a resistance level
[07:42 am] joeytsa : on the next down move
though
[07:45 am] truck : Brent,,,,your thoughts on
TSO here soon
[07:46 am] truck : short
[07:51 am] rusty : Berlusconi Blames Stock
Market Volatility On Cocaine Abuse By
Traders
[07:51 am] skydiver : wow – and I thought my
wife put sugar on my cereal and it’s been
cocaine powder all this time
[07:52 am] Kris : lol rusty
[07:52 am] Kris : that is funny
[07:52 am] Kris : then I’m long cocaine
[07:52 am] shark : TZA looking interesting
as some stocks looking toppie AAPL
[07:52 am] skydiver : GME — come to papa
[07:54 am] junior : SGEN
[07:54 am] shark : NFLX at lod[07:55 am]
observer : VAR hod[07:55 am] skydiver : S
GME 24.88 covered 24.61 small profit but
coins in the bucket
[07:55 am] skydiver : TXT rumors
[07:57 am] mhaus : RNOW
[07:59 am] shark : NFLX new lod – can it
fill the gap?
[08:03 am] mhaus : LO
[08:04 am] shark : interesting roundtrip on
that mhaus -LO
[08:05 am] mhaus : so pickup some dough on
the spike
[08:05 am] mhaus : yep. They just got
downgraded
[08:05 am] shark : TZA over resistance 50
min ma
[08:06 am] mhaus : NFLX
[08:06 am] skydiver : Well, have to quit for
the day. Tomorrow I have a new grandson
being delivered in the morning. Make lots of
green all!
[08:08 am] Brent : take care skydiver
[08:08 am] Kris : congrats skydiver!
[08:08 am] skydiver : Thanks Brent and Kris
and all!!
[08:09 am] mhaus : FIO
[08:09 am] observer : Thx, Kris RNOW L 36.35
sold 36.69
[08:15 am] frmendez67 : I got the RNOW long
thx
[08:16 am] frmendez67 : thanks Mitch for the
advise
[08:16 am] joeytsa : Belgium bank Dexia
rescued with $122B in loan guarantees
[08:18 am] mhaus : SYNA
[08:22 am] shark : NFLX new lod – coming up
story on CNBC too
[08:23 am] reacher : Done for today. I’ll
be out of the TR for about a month to help my
brother with condo renovation in Florida.
Good luck everyone!
[08:29 am] mhaus : TTM
[08:31 am] garyb : RNOW was a good one…..I
was hesitating and then ended up not taking
the position. Good call Kris!
[08:33 am] rusty : NFLX cut to neutral
[08:34 am] joeytsa : sure is shark..it’s
been like shooting’ fish in a barrel
[08:34 am] shark : NFLX working on that day
gap real nicely
[08:35 am] joeytsa : sometimes you get
those
[08:35 am] shark : hahaha 🙂 you are right
joeytsa[08:36 am] rusty : FIO radar
[08:37 am] joeytsa : VRTX with more
downside
[08:37 am] rusty : NFLX We are downgrading
Netflix to NEUTRAL from OUTPERFORM, and
lowering our 12-month price target to $110
from $155.
[08:38 am] derns : Rusty…who made that
downgrade on NFLX?
[08:38 am] joeytsa : rusty, earlier someone
put it at $102
[08:38 am] junior : YOKU
[08:38 am] lightning : YOKU may be a short
soon
[08:39 am] frmendez67 : I have a short on
Know
[08:39 am] rusty : last one, Wedbush[08:40
am] derns : Thx Rusty..I’ve heard targeted
prices all over the map…best to day trade
only
[08:40 am] shark : and some possible
guidance NFLX
[08:40 am] shark : until we get earnings
info derns – NFLX
[08:42 am] derns : Shark..you are
right…and an independent sense of
growth..other than guidance..I wonder if
their subscription loss is as bad as
thot[08:42 am] lightning : S YOKY 20.76
[08:42 am] lightning : YOKU
[08:44 am] shark : my concern is that they
have been saying that they do NOT want to
provide “proprietary” subscriber growth -only
churn rate
[08:45 am] derns : I actually see NFLX
dropping well below 100 someday soon
[08:45 am] joeytsa : so NFLX dropped on that
last downgrade, and then had a nice
recovery…looking for a short set up
[08:45 am] shark : AAPL hod[08:45 am] shark
: let’s see if SPY, DIA, AAPL break hod[08:46
am] shark : there are like 8-10 decent
possible players. NFLX had the MAIL ORDER
down to a science. Much easier to copy the
streaming
[08:48 am] frmendez67 : Mitch – I went short
for the RNOW after it peaked with my long
position. Many thanks! Frank
[08:48 am] lightning : cover 1/2 YOKU
20.62
[08:48 am] shark : poss double top on
SPY/DIA/AAPL here – pulling back
[08:49 am] derns : long TZA 42.31
[08:49 am] shark : good entry derns on days
low
[08:50 am] derns : well..close to the
low…I think the SPY ran up too much on a
low volume day…I will ponder the idea of
swinging that trade
[08:54 am] joeytsa : NFLX breaking down
again..s @122
[08:55 am] joeytsa : jumped the gun a little
early on that one
[08:57 am] joeytsa : tighten stop on NFLX
[08:58 am] joeytsa : out 50cents 🙂
[08:58 am] lightning : covering rest YOKU
short at BE here
[09:01 am] shark : AAPL new hod[09:08 am]
jsn13 : Did u guys close ur short swing? As
in got stopped out?
[09:19 am] shark : JVA nice run today, and
off the bottom 33%
[09:46 am] joeytsa : 220k on the long-term
unemployed
[09:46 am] joeytsa : since its slow, re:
jobs #..45k of those ‘new jobs’ were VZ
workers returning from strike, long term
unemployed was up 22k, U6 number came in up
to 16.5%
[09:47 am] joeytsa : to reduce unemployment
to 8% in the next year, 275k jobs/month need
to be created
[09:51 am] joeytsa : Mitch: any thoughts on
more Euro banks in trouble?….
[09:52 am] joeytsa : Dexia, which passed EU
stress test couple months back already
needing help..and there are a few more over
there that are twice as big
[09:52 am] mhaus : JBL in a nice climb
[09:54 am] shark : NFLX should slow or
bounce near close of Friday
[09:55 am] shark : NFLX hitting Friday close
and…
[09:56 am] mhaus : it breaks down
[09:57 am] eyes-inthenow : Does anyone know
what version of TWS I am to download for
ninja
[09:57 am] shark : can we do this all over
again tomorrow?
[09:57 am] shark : guess I’ll just have to
make my weekly income in the first day of the
week
[09:58 am] mhaus : eyes, it is 917_8
[10:01 am] eyes-inthenow : mhaus were do i
find it
[10:01 am] mhaus : Click on “previous
version”
[10:02 am] garyb : lol..just got stopped out
on NFLX
[10:02 am] mhaus : if not, I can send it to
you
[10:02 am] Mitch K: how tight was your stop
garyb,? you don’t make a tight stop on a
stock that just dropped $7 or 6%
[10:02 am] shark : we’ve got some volume
capitulation here on the 1 min
[10:03 am] garyb : ok…waiting to reenter
at a better price
[10:06 am] garyb : got in NFLX again at
116.39…small position….wide stop too
[10:08 am] garyb : this time my stop is way
down at 114.90
[10:08 am] rusty : imo[10:08 am] rusty :
smaller position, wider stop on NFLX
[10:09 am] lightning : Reed Hastings (NFLX
CEO) coming out with a book “Decisive
Decision Making”
[10:09 am] shark : NFLX pulled back to 20
min ma AND to Friday close – really testing
it here
[10:09 am] victor51 : I got in NFLX long
[10:11 am] frmendez67 : Nice I took NFLX
long position
[10:11 am] garyb : looks like a few of us
are in NFLX now
[10:12 am] shark : SPY near hod[10:13 am]
mhaus : eyes, here is the link
http://www.ninjatrader.com/ninjatrader/TWS/tw
s40_install_917_8.exe
[10:13 am] shark : NFLX broke above the 20
min ma
[10:13 am] shark : volume drying up
[10:15 am] shark : NFLX broke friday close
-has to hold to continue move up
[10:17 am] Brent : this NFLX guy switches
stuff around more than my wife rearranges
furniture. I didn’t think that was
possible
[10:17 am] garyb : lol Brent!
[10:19 am] pow : I think the earning are
going to be better than most think and the
shorts will move the stock to new highs.
[10:20 am] shark : NFLX
[10:20 am] shark : yeah, definitely WATCH
OUT on 10/25 after the bell
[10:21 am] joeytsa : shark i see NFLX
earnings on 10/24?
[10:21 am] shark : LULU hod[10:23 am]
joeytsa : rusty mentioned that today’s NFLX
downgrade was from wedbush…same company
that upgraded them on 9/22
[10:23 am] shark : yes, you are correct-
Etrade incorrect
[10:24 am] joeytsa : either way i will be
looking for an upturn on increasing volume or
not 🙂
[10:24 am] joeytsa : i just looked at
Yahoofinance[10:25 am] junior : EL
[10:38 am] eyes-inthenow : Mhaus I
downloaded it but I keep getting a Login
Failed
[10:39 am] frmendez67 : i got stopped ou of
NFLX
[10:41 am] mhaus : Did you enable “ActiceX”
in the TWS Global Configuration? It is in the
API Settings
[10:42 am] junior : ILMN
[10:44 am] mhaus : Eyes –
http://www.ninjatrader.com/ConnectionGuides/I
nteractive-Brokers-Connection-Guide.php
[10:45 am] mhaus : Mitch, you think the
market can hold this uptrend?
[10:48 am] derns : Did the market go home to
celebrate Columbus Day?…seems very slow
[10:57 am] eyes-inthenow : Mhaus on the
setup for IM on historical data what do i
choose
[10:58 am] eyes-inthenow : kenetick[10:58
am] eyes-inthenow : use interactive or
Disable i use another connection
[10:58 am] mhaus : do you have another data
provider, other than IB?
[10:58 am] mhaus : Use kinetick as
primary
[11:06 am] terry : penny news.CXM just got
fda clearance
[11:07 am] terry : trades on the amex[11:10
am] eyes-inthenow : Ok Mhaus almost there in
ninja it shows my IB account but on the dom
it show my sim account how do i change
that
[11:12 am] mhaus : did you connect to IN (in
Ninja)?
[11:13 am] mhaus : Also check that you are
not in SIM MODE ONLY. Go to file and disable
Global Sim[11:14 am] eyes-inthenow : you the
man thank you very much
[11:14 am] mhaus : Then you will be able to
click on the SIM01 account in DOM and the
dropdown menu will show your IB account.
Select that.
[11:14 am] mhaus : u r welcome
[11:17 am] sonorant : man, you are brave
eyes. I am still sitting here setting up
multiple workspaces. No desire to hook in
to my IB account yet.
[11:18 am] mhaus : NFLX tanking again
[11:18 am] sonorant : candles, on those 15
charts on 1 screen that you have — do you
have the charts set at 2 min? 5min?
[11:19 am] candelas : 1 min
[11:23 am] sonorant : mhaus — are you using
the multiple workspace feature in Ninja?
[11:25 am] mhaus : The one that I use often,
I have saved it as Default
[11:25 am] mhaus : Yes, I have saved
workspaces with different color background
for charts and different indicators
[11:26 am] mhaus : Got to go. Will talk to
you all tomorrow. Have a good evening all.
[11:29 am] Brent : have a good one
mhaus[11:31 am] junior : COH breaking
out?
[11:36 am] candelas : lod NFLX
[11:36 am] ronfrac : Time to review the
webinar. See you tomorrow.
[11:40 am] shailan : Brent, about the
webinars, when do we get them in mp4?
[11:45 am] jsn13 : Mitch even though today’s
market kind of trend up, it is still
advisable to open more short positions as
suggested in DSR for swing?
[11:47 am] jsn13 : I shorted MPEL at 10.37
juz now so would it be good to hold it as
swing since it’s suggested in ur list?
[11:50 am] garyb : thanks Kris….may do the
same too..that and SDS
[11:50 am] joeytsa : Kris: is that because
SPX/SPY are at 50ma, which has been
resistance recently?
[11:50 am] joeytsa : OPEN alert
[11:50 am] pow : nflx bouncing
[11:51 am] joeytsa : good, at least i am on
the same page
[11:52 am] Mitch K: i like MPEL short
jsn[11:53 am] garyb : Kris, can you let us
know if you add on…I will do the same, buy
some TZA and SDS as well
[11:53 am] joeytsa : is the low volume in
conjunction with banks closed?
[11:54 am] jsn13 : Thanks Mitch…..I think
it is because it has kinda peaked out, had a
strong trendline resistance, had a run up of
more than 40% in 5 days, and also light
volume today?
[11:55 am] garyb : small position in OPEN
[11:56 am] garyb : 45.95 zl[11:57 am]
joeytsa : HITK..big red bar
[11:57 am] joeytsa : low volume..
[11:58 am] joeytsa : sorry, not for me
[12:08 pm] joeytsa : TZA taking off
[12:08 pm] rusty : IOC alert
[12:08 pm] shark : some selling here
[12:09 pm] rusty : NFLX lod[12:10 pm]
joeytsa : dropped about $17 since the
open
[12:10 pm] shark : $$$ NFLX
[12:11 pm] rusty : OIH nearing lod[12:11 pm]
shark : CMG dropping
[12:18 pm] candelas : nflx gets the flea
award today
[12:20 pm] Brent : lol, have a good night
Joey, see you tomorrow
[12:20 pm] joeytsa : time to run, you all
have a great day…gotta love NFLX..maybe i
will sign up with them now 🙂
[12:21 pm] shark : NFLX bouncing off last
week’s low
[12:23 pm] shark : GMCR lod[12:24 pm]
lightning : NFLX through last week’s low. I
wonder if Doji still has his order to buy at
$100?[12:24 pm] shark : TZA long 43.60
[12:25 pm] Kris : bye joey, see you
manana[12:26 pm] eyes-inthenow : Hey Kris I
am Back and Finally got my account setup at
IB
[12:26 pm] rusty : SP volume very low
[12:27 pm] eyes-inthenow : How was the
Wedding
[12:28 pm] pow : Mking is NFLX good bounce
here or it too late
[12:30 pm] shark : looking weak here too
[12:30 pm] shark : spy
[12:30 pm] shark : too late for me on NFLX
pow[12:34 pm] candelas : these are like
market days around christmas[12:34 pm] pow :
thanks MKING
[12:38 pm] Kris : “I’d rather be trading”
[12:38 pm] Kris : Wedding was good. It’s
like my bumper sticker
[12:38 pm] Kris : Welcome back eyes
[12:41 pm] garyb : I feel like adding but I
will be patient
[12:41 pm] garyb : your TZA swing is looking
good Kris
[12:41 pm] Kris : and I’ll post as I add into
this.
[12:41 pm] Kris : I won’t be adding more
until tomorrow.
[12:41 pm] Kris : yes gary. I try not go get
too excited and stick with the longer term
picture.
[12:42 pm] garyb : thanks Kris!
[12:46 pm] jsn13 : Is there any news that
excite the market?
[12:47 pm] Brent : see you tomorrow Eyes
[12:47 pm] eyes-inthenow : Goodnight
Everyone See you all bright and early
[12:51 pm] derns : Mitch…can you offer a
perspective as to why the market has been
having these late day surges?
[12:55 pm] sonorant : candles, seems like
the pickings were pretty slim today — what
trades did you end up taking?
[12:58 pm] terry : have a goood night
[12:59 pm] rusty : by the daily candles,
everyone was playing for a reversal Friday
[01:00 pm] observer : cu Brent, Mitch,
traders
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