| (05:53 am) JoeyTSA :early gap up:
CSIQ,VECO,LINE,BRY,TSLA
(05:54 am) JoeyTSA :early gap down:
BBRY,WRLD,RYAAY
(06:03 am) Mitch King:looking for bounce here
in CL soon
(06:15 am) Mitch’s Assist. :November 4, 2013,
Monday Pre Market Up: SCTY, CSIQ, MRK, GOLD,
LINE, TSLA. FSLR, ANEN, AAPL, BRY, SPWR,
LNCO, EXTR, RLGY, Pre Market Down: BBRY,
CS, WRLD,
(06:22 am) Mitch King:consider reducing CL if
long on that buy 20 min ago
(06:30 am) Mitch King:watching LINE
(06:30 am) Mitch King:monitoring SANM
(06:31 am) Mitch King:watching VECO for top
to short, no hurry
(06:31 am) Mitch King:MONITORING urbn
(06:31 am) Mitch King:WATCHING grpn FOR TOP
(06:31 am) Mitch King:solar stocks strong
from Friday’s FSLR earnings and increased
guidance: scty, fslr, tsl, csiq, spwr
(06:32 am) Mitch King:watching SCTY for top
to short
(06:32 am) Mitch King:watching TSLA for top
to short, quick scalp
(06:32 am) Mitch’s Assist. :watching LNCO
(06:34 am) Mitch King:monitoring EXTR
(06:35 am) Mitch King:monitoring AIG
(06:35 am) Mitch King:watching VECO for top
to short
(06:35 am) JoeyTSA :watching QIHU
(06:36 am) Mitch’s Assist. :monitoring FSLR
(06:36 am) Mitch’s Assist. :watching aol
(06:37 am) Mitch King:watching SCTY closer
(06:37 am) Mitch King:watching FB for bottom,
down on headlines that youth are not using
Facebook
(06:38 am) Mitch’s Assist. :monitoring YY
(06:40 am) JoeyTSA :eye on MDVN, nothing
pressing yet
(06:40 am) Mitch King:monitoring WLT for
potential short, no hurry
(06:47 am) Ed :we will get 2months of factory
orders today
(06:48 am) Ed’s assistant :Monitoring WDC
(06:51 am) Mitch King:try to be patient in CL
trading, chop zone, no trading area at the
moment
(06:51 am) Mitch King:looking to cover LINE
short, maybe a little more downside
(06:57 am) Ed :on QUNR its new stock so would
use smaller shares if u trade it. Pure price
action play
(06:57 am) Ed :QUNR monitoring for potential
long, would like selling @near25 level
(06:58 am) Mitch King:monitoring CLF
(07:00 am) Ed :LINE monitoring for potential
long, would like lot more selling @near 30ish
level
(07:00 am) Ed :Monday, November 04, 2013
10:00:03 AM *(US) SEPT FACTORY ORDERS: 1.7%
V 1.8%E – Aug Factory Order: % v 0.3%e For
more:
http://www.census.gov/manufacturing/m3/prel/p
df/s-i-o.pdf Related (EUR/USD USD/JPY
JPY/USD SPY SHY ) (07:01 am) Ed :the AAPL
chart at seminar
(07:01 am) Ed :strigh=straight.
(07:01 am) Ed :when I talk about alot more
selling if u all recall the AAPL chart i
showed you where its more strigh down selling
v. stair step selling
(07:05 am) JoeyTSA :if anyone is long BBRY
might want to tighten here
(07:05 am) Ed :LULU is the stair step down
from 11/1. much more diffcult to try to catch
those for reversal, unless u allow for test
and then retest. Like we taught at seminar
(07:08 am) Ed :solars been strong today so
far
(07:08 am) Ed :My comments can be used for
any markets, stocks,futures,forex
(07:12 am) JoeyTSA :trail SCTY up
(07:27 am) JoeyTSA :eye on AAPL $525 res
(07:31 am) Murano :watching GTI for top
(07:40 am) Murano :watching TWC
(07:59 am) Ed :SPY about to test lod
(08:00 am) Ed :SPY lod
(08:07 am) Mitch King:monitoring GENT for
potential short
(09:02 am) Mitch King:VMC one strong trending
stock
(09:04 am) JoeyTSA :SCTY vol spike
(09:22 am) Mitch King:monitoring CL, going to
be a while before top, CL 12-13
(09:32 am) Mitch King:when you miss a short
in futures like this CL, you wait for a
bounce to short into that top instead of
chasing it. like this little bounce here.
(09:37 am) JoeyTSA :eye on VMC, gave nice
pullback off of $60 area
(09:50 am) Ed :not sure we will get it today,
but will monitor BIDU for potential long
@near 152ish level
(09:59 am) Murano :watching AFL at S2
(11:00 am) Ed :Market Internals update at
14:00ET – NYSE volume 271M shares, about 19%
below its three-month average; advancers lead
decliners by 1.8:1. – NASDAQ volume 1.12B
shares, about 8% above its three-month
average; advancers lead decliners by 1.7:1.
– VIX index -1.4% at just over 13.00
(11:27 am) Murano :watching AIG
(11:31 am) JoeyTSA :/ES testing R1 res
(11:36 am) Murano :watching IPI
(12:22 pm) JoeyTSA :VMC still pulling back
from hod
(12:48 pm) Mitch King:see you guys tomorrow
(12:58 pm) Ed :have great eve traders
| (04:38 am) Qwert :Good morning Gum, mberl1
hey gum u beat me here 🙂
(05:41 am) rd :GM to all
(05:43 am) JoeyTSA :Good morning everyone,
only report i see is factory orders @ 7pdt
(05:44 am) electrader :Good morning
everybody
(05:45 am) taco :hi everyone
(05:45 am) JoeyTSA :BBRY halted
(05:46 am) bill1 :Good morning all. That
homework assignment is a lot of work. LOL
(05:47 am) taco :bill, what’s your email
i’ll send you what i got so far, been sharing
w qwert and elec
(05:49 am) bill1 :[email protected] I
have 3 weeks completed so far.
(05:49 am) Qwert :bbry supposed to resume at
6:00pst
(05:49 am) taco :is that bill
[email protected]?
(05:50 am) bill1 :yes
(05:51 am) bill1 :hotmail
(05:51 am) taco :sent a test
(05:51 am) bill1 :got it
(05:52 am) taco :ill send our stuff later
(05:54 am) taco :anyone else doing the study
wants to collaborate email
[email protected]
(05:54 am) taco :let me know here so i can
verify i got your email
(05:56 am) JoeyTSA :not much action at the
moment, but /ES is testing R1 res
(05:56 am) Murano :good morning
(05:58 am) skydiver :gm all
(06:04 am) skydiver :I must have my zig zag
setting idicator set incorrect on /CL – it
can’t plot values since the deviation value
is too large. watching /CL closer here
(06:06 am) skydiver :long on oil at 94.22 –
virtual howerever
(06:06 am) skydiver :CL that is
(06:10 am) doji :Good day fellas
(06:10 am) skydiver :Hey doji
(06:10 am) taco :hey doji, hope youre well
(06:10 am) taco :happy belate dbady
(06:10 am) taco :b-day
(06:10 am) doji :Just coming back from a
3-week business travel, 6 countries, 10
meetings…. and a lot of food… lol
(06:11 am) JoeyTSA :welcome back
(06:11 am) doji :Thanks guys, hope you all
made tons of money..
(06:11 am) doji :and had a very productive
and rewarding seminar last week
(06:14 am) doji :With this much travelling
I’ll have to ask Mitch for a discount next
time I renew my membership to the trading
room…lol
(06:14 am) skydiver :okay . . got to break
my micro trading – applied it to oil trade
and got ouit of CL at 94.29 – only made 7
ticks on it this go around
(06:15 am) taco :thx for gaps mitch joey
(06:15 am) Murano :doji, how is the
bankruptcy of OGX effecting the Brazil stock
market?
(06:15 am) JoeyTSA :thx Mitch
(06:16 am) doji :A lot Murano, specially to
the oilservices companies
(06:17 am) doji :Oil activity in Brazil will
drop significantly next year as the goverment
is deviating money from Petrobras’ projects
to “social” projects.. people is very pssed
off here with all the money put in
preparation for the world cup and the
olympics
(06:18 am) JoeyTSA :lots of action down
there
(06:18 am) Murano :yeah, Rio has riots?
(06:18 am) doji :Why Murano? Did you have
plans to invest the money you got in the room
in Brazil?
(06:19 am) doji :Open anight club Murano…
money 100% garantee.. lol
(06:19 am) Murano :no, Brazil market is not
for me.
(06:20 am) skydiver :CL climbed nicely . .
.good lesson for me
(06:20 am) Murano :Rio is a beautiful city
but I do not speak Portugese
(06:27 am) jasio :Good Morning
(06:27 am) JoeyTSA :gm jasio
(06:28 am) skydiver :good day jasio
(06:29 am) skydiver :I can see /CL trading
going to be fun once I get the hang of it and
no longer in virtual 🙂
(06:29 am) Mitch King:sky, you need to
stretch out these trades or will be tough to
take only a few ticks
(06:30 am) skydiver :agreed Mitch . .
learning
(06:32 am) JoeyTSA :always learning sky 🙂
(06:34 am) skydiver :yes indeed joey
(06:34 am) JoeyTSA :eye on NFLX on this
pullback
(06:37 am) JoeyTSA :great push on SCTY
(06:39 am) JoeyTSA :AAPL giving a pullback
(06:39 am) doji :FB selling off
(06:42 am) doji :Long at 48.4… not
expecting too much
(06:43 am) JoeyTSA :except for trend, seems
like low risk entry doji
(06:43 am) JoeyTSA :VECO really nice
(06:44 am) doji :Did you get SCTY Joey?
(06:44 am) doji :Now hitting $60
(06:44 am) JoeyTSA :i got it long, but out on
that pullback
(06:45 am) JoeyTSA :should have re-entered,
oh well
(06:46 am) JoeyTSA :meant to play CSIQ also,
but missed it
(06:47 am) JoeyTSA :missed news on PENN, but
down big, maybe a split?
(06:47 am) JoeyTSA :thx Ed, at 7pdt i
believe
(06:49 am) skydiver :only news I see on PENN
joey is that they it’s Penn National gaming
and lesisure properties
(06:49 am) skydiver :it’s = sold off
(06:50 am) skydiver :tax free spin – off
which is GLPI – now it’s own separate
company
(06:51 am) skydiver :Need coffee 🙂
(06:52 am) skydiver :thnx Mitch — that is
what I was thinking on CL – confirms my
opinion 🙂
(06:53 am) JoeyTSA :thx sky
(06:55 am) JoeyTSA :watching SCTY for break
over $60
(06:55 am) doji :Gaming and Leisure
Properties, Inc. (NASDAQ:GLPI) (“GLPI” or
“the Company”) announced today the completion
of its previously announced, tax-free
spin-off from Penn National Gaming, Inc.
(“Penn”), effective at 12:01 a.m. New York
City time today.
(06:56 am) doji :Murano, don’t forget to
post your ideas…
(06:56 am) JoeyTSA :thx doji, looked like
something big went down
(06:56 am) taco :nice WDC diosna
(06:56 am) JoeyTSA :eye o n BIDU $158 level
(06:57 am) skydiver :thnx Ed
(06:58 am) JoeyTSA :/ES down about 5pts from
high
(07:02 am) skydiver :gotcha Ed – thnx
(07:02 am) Murano :no I am watching doji
(07:02 am) doji :Hey Ed, waht day was that
chart from APPL please so I can have a look
at it
(07:02 am) Ed :stair step moves up/down gives
holders alot more hope who are in financial
instrument
(07:03 am) Ed :post market 0ct. 29th
(07:03 am) Ed :right after earnings release
(07:03 am) doji :Ok thanks Ed
(07:03 am) Ed :no problem
(07:04 am) JoeyTSA :/CL back to $95
(07:04 am) doji :So a step sell off or
buying is better for a trend continuation,
right?
(07:05 am) skydiver :looking at LULU
(07:06 am) skydiver :nice review lesson Ed .
. thnx
(07:06 am) JoeyTSA :maybe look for push over
$7 on BBRY for next long?
(07:06 am) Ed :yea the steep, fast pace move
up/down more ideal for reversal plays.
(07:06 am) doji :Make sense Ed… a stair
step is more consistent with the prevailing
trend and obviously more difficult to predict
the reversal
(07:06 am) Ed :But if u have slower
connection or not as fast, just wait for the
retest
(07:07 am) Ed :right doji
(07:07 am) doji :That is what I do Ed…
(07:07 am) Ed :thats why ur the man
(07:07 am) doji :due to my slowe
connection.. have to live with my
limitations…
(07:07 am) JoeyTSA :TSLA on radar for break
of tri-top, a bit weak now, but keep eye on
it
(07:07 am) skydiver :thnx Joey
(07:08 am) JoeyTSA :sky: watching the 167.50
level
(07:08 am) electrader :Taco, Qwert, either
of you get any of the CL long?
(07:08 am) JoeyTSA :thx Ed
(07:08 am) skydiver :167.50 joey — gotcha –
ok
(07:09 am) taco :no elec scalping this top
tho
(07:09 am) JoeyTSA :at least thats what my
flux capacitor is signalling 🙂
(07:09 am) Ed :welcome back joliffboy/gum
(07:09 am) skydiver :ok . . keeping an
eyeball on it joey 🙂 TSLA
(07:10 am) taco :SCTY thru 60 joey, nice
call
(07:11 am) taco :did you elec?
(07:11 am) JoeyTSA :anyone catch GMCR, saw
chart up in room earlier?
(07:12 am) electrader :Yea I took it long on
a dip. Worked good. Filled my target in 6
seconds
(07:12 am) taco :nice
(07:12 am) Ed :nice call on SCTY
(07:14 am) JoeyTSA :looking for next SCTY
re-entry
(07:14 am) JoeyTSA :AAPL hod
(07:15 am) JoeyTSA :sky: one more failed
attempt on TSLA
(07:15 am) skydiver :yes – I see that joey
(07:15 am) JoeyTSA :some vol on push thru
could get it to 169-170
(07:15 am) doji :SCTY already 12% up Joey…
what is your r/r here?
(07:16 am) JoeyTSA :not in right now
(07:16 am) JoeyTSA :on push thru $62,
possible to 63, so 4:1 if you use 25c stop,
mihgt be a bit tight though
(07:17 am) JoeyTSA :move from 60 to 63 was on
neg div though
(07:18 am) JoeyTSA :i will stay out for now
though, heading for breakfast in about 10
minutes anyways
(07:18 am) doji :A pull near $60 would
increse the r/r in my humble opinion
(07:19 am) Murano :GTI strong so far
(07:21 am) doji :Here she goes SCTY…
(07:22 am) JoeyTSA ::)
(07:22 am) doji :Bad you stayed away Joey…
or not?
(07:22 am) skydiver :nice call joey
(07:22 am) JoeyTSA :yeah i left that alone
like a dummy
(07:22 am) JoeyTSA :would have been real
quick 40c
(07:23 am) JoeyTSA :if you wanted to scalp it
like that
(07:23 am) skydiver :I shorted /CL awhile
ago at 94.88 and filled my target at 94.70 —
Mitch, your setup works well on the stops and
target amouints
(07:23 am) JoeyTSA :good one sky
(07:24 am) skydiver :thnx – but still
virtual
(07:24 am) JoeyTSA :$1 move on TSLA 🙂
(07:24 am) skydiver :nice call joey
(07:24 am) taco :saw that nice one joey
(07:25 am) JoeyTSA :biggest problem trading
TSLA imo is that stops have to be wide
because the moves are big, even on individual
candles
(07:26 am) skydiver :exactly right joey on
the stops needing to be wide
(07:26 am) JoeyTSA :so you might play that
with smaller shares, or options and let it
play out
(07:28 am) JoeyTSA :doji: SCTY nailed that
$63 target and stopped so far
(07:28 am) JoeyTSA :break time, great
trading/calls, back in 20 min
(07:29 am) skydiver :enjoy joey
(07:33 am) doji :Don’t get it Joey, did you
or didn;t you take SCTY? The last post before
moving higher said you was going to let it
go
(07:35 am) taco :think he already traded
SCTY couple time doji
(07:45 am) skydiver :long on TWC at 121.11 –
moving stop up to be
(07:46 am) skydiver :3/4 ouit of TWC
long121.44
(07:46 am) skydiver :let’s see what my last
1/4 does in TWC long
(07:46 am) skydiver :nice call Murano on
TWC
(07:48 am) Murano :thanks sky
(07:50 am) JoeyTSA :doji: no i didnt take it,
what i was saying was that SCTY price hit the
target i had mentioned to you
(07:51 am) JoeyTSA :re: the 7:16am comment
(07:51 am) Murano :out 3/4 TWC
(07:51 am) skydiver :nice Murano
(07:52 am) taco :murano do you use your 1
min chart for TWC?
(07:52 am) JoeyTSA :good one Murano
(07:52 am) Murano :yes taco
(07:52 am) skydiver :all out of TWC long as
I have to get to the office . . thanks for
great calls and see you all later
(07:53 am) Murano :see you sky
(07:53 am) taco :cya sky nice trades 🙂
(07:53 am) skydiver ::)
(07:54 am) taco :can i email you murano?
(07:54 am) taco :a question
(07:54 am) Murano :yes, [email protected]
(07:54 am) JoeyTSA :bye sky
(07:56 am) Ed :nice one murano on TWC
(07:56 am) Murano :stop on last 1/4 TWC at
121.52
(07:56 am) Murano :thanks ED
(07:57 am) Murano :looking for 123 area last
1/4 TWC
(08:06 am) Murano :stopped last 1/4 TWC
(08:24 am) Murano :taco, I sent you an
e-mail
(08:26 am) taco :got it thanks
(08:37 am) JoeyTSA :still watching SCTY, but
things seem slow to me right now
(09:02 am) JoeyTSA :good one Mitch
(09:08 am) JoeyTSA :eye on QCOR for potential
breakout over $62.40 , nothing pressing yet
(09:09 am) JoeyTSA :TSLA keeps inching
towards that $170 target mentioned earlier,
unfortunately not in
(09:13 am) Murano :lunch time, back in 20
(09:13 am) JoeyTSA :enjoy murano
(09:19 am) JoeyTSA :$170 printed on TSLA
(09:23 am) taco :ya Mitch nice thunder
trades in it today
(09:24 am) electrader :Yes Taco. 3 for 3
today. Slower moves but true to indicators
(09:25 am) electrader :Helping to develop my
patience!
(09:25 am) JoeyTSA :good to hear elec, one
day i will develop mine 🙂
(09:25 am) electrader :It’s got a lot of
helping to go with me Joey
(09:26 am) JoeyTSA ::)
(09:37 am) doji :TSLA reports earning afetr
the close right?
(09:37 am) taco :FB rebounded well
(09:37 am) Ed :after close on tomorrow
(09:37 am) Qwert :Mitch I dont have a
position in /CL but now im confused your
watching /CL for short all indicators are
going up
(09:39 am) doji :Ah tomorrow, tahnks ED..
just wanted to gamble with very deep out of
the money puts.. like those 120 puts now at
$0.05.. just 10 contracts would be like $50
bucks…
(09:39 am) doji :weekly puts
(09:39 am) Mitch King:you want to sell in a
sell zone which is usually in that pink
coloring area.
(09:40 am) Mitch King:look for a rebound on
price to get better price to short instead of
chasing it, like this little bounce here
(09:41 am) Qwert :im not showing pink yet in
the white zone
(09:42 am) Mitch King:yeah the top on this
move was in a white zone
(09:43 am) Mitch King:this is not a super
strong uptrend when you see purple dash line
not pegged to top.
(09:44 am) Qwert :okay so ideally we see
purple line go to top on a nice angle then
peg correct?
(09:47 am) Qwert :so your post at 9:22 going
to be a while before top on /CL you were
expecting purple to go to top and peg there?
(09:53 am) Mitch King:when you see a slower
market like today where it takes a long time
for CL price to move, try switching to a 4
range chart. it is more sensitive. then if
CL market gets more active, move it back up
to 5 range or even higher if it is a hot
market
(10:04 am) Qwert :okay will do thx Mitch
(10:05 am) JoeyTSA :SCTY push over $64 now
(10:13 am) doji :Dang we missed SCTY Joey…
next time
(10:14 am) JoeyTSA :i got that last miove,
missed the middle one
(10:22 am) JoeyTSA :lunch break, back in 30
(10:29 am) Murano :out 3/4 AFL
(10:54 am) JoeyTSA :TSLA turned into nice
breakout play
(10:55 am) JoeyTSA :watching SCTY pullback
(10:55 am) Ed :nice swing also, hammer on
10/29 then retest that was successful on
10/31
(10:56 am) JoeyTSA :i see it, near that $160
level
(10:57 am) JoeyTSA :i rarely look at daily
charts anymore, should really get back into
that practice
(10:57 am) JoeyTSA :had some bb support too
(10:57 am) Ed :or lows 153 holding
(10:58 am) doji :That commenst was for TSLA
Ed?
(10:58 am) JoeyTSA :yeah, same area where
that august gap up hit
(10:58 am) Ed :Yes that was for TSLA those
comments
(10:58 am) JoeyTSA :maybe 8/8 ?
(11:03 am) JoeyTSA :thx Ed
(11:04 am) Ed :will call you the breakout
king joey, ur always looking up. LOL
(11:04 am) JoeyTSA ::)
(11:05 am) Ed :SCTY great play today
(11:05 am) JoeyTSA :much easier to see
hi/lows than a thousand other things
(11:05 am) Ed :true
(11:05 am) JoeyTSA :strong stock and hot
sector today, yuo mentioned the sector
earlier
(11:14 am) Murano :out last 1/4 AFL
(11:17 am) taco :elec, did you shor t/CL
there?
(11:24 am) electrader :No. I’m finished for
the day. Just watching
(11:24 am) electrader :Followed the purple
dotted line though
(11:32 am) JoeyTSA :/ES has pulled back at
this level a couple times today. keep eyes
open
(11:47 am) Murano :out all IPI
(11:52 am) JoeyTSA :nice run on DDD, quiet,
didnt even see it
(11:58 am) Murano :got out of IPI a little
early???
(11:58 am) JoeyTSA :as long as you made money
🙂
(11:58 am) JoeyTSA :nice call
(12:03 pm) Murano :covered all AIG don’t
like the way it is acting
(12:18 pm) JoeyTSA :nice pullback on TSLA,
see if $173 holds
(12:21 pm) JoeyTSA :calling it a day, keep
eye on TSLA rest of day and tomorrow
(12:21 pm) JoeyTSA :thanks
Mitch,Ed,Diosna,Murano,QWert,everyone
(12:21 pm) Murano :see you Joey
(12:21 pm) JoeyTSA :have a great day, see you
all tomorrow
(12:21 pm) taco :cya joey nice calls
(12:22 pm) Ed :c ya joey
(12:58 pm) taco :thanks everyone see you
tomorrow
|
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