November 7, 2012
TSA Moderator
Chat
[05:54 am] Mitch K: does anyone
need CPR or oxygen this morning? [06:06
am] Mitch K: in retrospect i think Ryan was
probably a liability for Romney. He
scared the elderly and the Dems seized upon
that [06:07 am] Mitch K: Christie hung
ROmney last week during the storm [06:07
am] Mitch K: after watching Senator Portmann
the last few weeks, he would have been best
choice [06:08 am] Mitch K: i think that
storm benefited Obama, took momentum away
from ROmney and off the Benghazi
fiasco, [06:09 am] Mitch K: well let’s
just get a lot better at trading, tighter,
more tools…… thats our best
medicine [06:16 am] Mitch K: he said it is
required to lower costs [06:16 am] Mitch
K: you guys hear that Aetna CEO on cnbc this
morning? he said he is laying off
staff. he is part of a group pof 80
CEOs all planning to do same in
january. he projects the US will have a
-1.7 gdp rate and unemployment jumps 1% in
first quarter to near 9% [06:17 am] Mitch
K: the shift in thinking goes to cost
reduction, not growth [06:22 am] Mitch K:
thanks shark [06:30 am] Mitch K: watching
DDD for bottom [06:30 am] Mitch K:
watching HMSY for top, take time on
this [06:31 am] Mitch K: more downside on
VHC [06:31 am] Mitch K: watching EXXI for
bottom, good one [06:31 am] Mitch K:
watching MYGN for bottom [06:32 am] Mitch
K: watching AET for bottom [06:32 am]
Mitch K: watching PCYC for bottom [06:32
am] Mitch K: watching NLY for
bottom [06:33 am] Mitch K: looking for
bottoms on those healthcare, take
time [06:33 am] Mitch K: watching
healthcare stocks: WLP, UNH, HUM, AET,
CI, these are only a few [06:34 am] Mitch
K: watching T for bottom [06:34 am] Mitch
K: watching APOL for bottom [06:34 am]
Mitch K: watching VOLC trades both ways, next
one is short [06:34 am] Mitch K: watching
CIEN for top [06:34 am] Mitch K: watching
CYH for top [06:34 am] Mitch K: watching
UHS for top [06:35 am] Mitch K: monitoring
AEGR [06:35 am] Mitch K: watching
APOL [06:35 am] Mitch K: watching NOC for
bottom, defense contractor, take
time [06:36 am] Mitch K: these bottoms
will have a bounce but wont be big one,
smaller than normal bounces [06:36 am]
Mitch K: watching TIF for bottom [06:36
am] Mitch K: watching RAX for
bottom [06:36 am] Mitch K: watching WPRT
for bottom [06:36 am] Mitch K: watching
BWA for bottom, trades both ways [06:36
am] Mitch K: watchign AUXL for
bottom [06:36 am] Mitch K: watchign DVN
for bottom [06:37 am] Mitch K: but trade
what you see, not by any forecast [06:38
am] Ed : NFLX is strong against the
market [06:38 am] Mitch K: watching WCG
for top to short [06:39 am] Mitch K: more
downside on HCA, need bounce first [06:39
am] Mitch K: watching IR for bottom [06:39
am] Mitch K: watching ONXX for
bottom [06:39 am] Mitch K: more downside
on THC, prefer bounce first [06:40 am]
Mitch K: watching LLL for bottom [06:40
am] Mitch K: SPY trying to bounce [06:41
am] Mitch K: watching CLR for top to
short [06:41 am] Mitch K: watching SODA
for top [06:42 am] Mitch K: looking to
cover HMSY short soon [06:44 am] Mitch K:
looking to sell NLY soon [06:45 am] Mitch
K: looking for short on CLR here [06:47
am] Mitch K: watching to sell WLP [06:47
am] Mitch K: looking to sell CI
long [06:48 am] Mitch K: watching JOY for
top to short [06:50 am] Mitch K: watching
URI for short [06:52 am] Mitch K: consider
covering CYH short [06:53 am] Mitch K:
more downside on SODA, gradual
covering [06:55 am] Mitch K: watching CLH
for short on top of bounce [06:56 am]
Mitch K: should be out of the URI
long [06:56 am] Mitch K: these bounces
looking like topped, most of them [06:56
am] Mitch K: looking for 24.20 area on WPRT
long [06:59 am] Ed : advanced trades,
monitoring GS and PRGO for loss of lod with
strong vol for potential short [07:00 am]
Mitch K: no life in defense stocks LLL,
NOC [07:00 am] Mitch K: consider selling
IR [07:02 am] Mitch K: retail stocks
getting hit, watching COST for
bottom [07:02 am] Ed : SPY
approaching lod [07:03 am] Mitch K:
controlled selling, not panic
selling [07:04 am] Mitch K: could last for
several days [07:07 am] Ed : SPY new
lod [07:23 am] Mitch K: still controlled
selling in many markets, [07:24 am] Mitch
K: we are seeing reallocations among big
mutual funds [07:24 am] Mitch K: all
assett classes [07:24 am] Mitch K: oil,
gold, silver, stocks [07:26 am] Mitch K:
when you guys see a strong trend like this,
switch to a longer time interval.
avoids extraneous signals and allows you to
see what is happening overall
picture [07:29 am] Mitch K: it is possible
and we have to start thinking
differently. [07:29 am] Mitch K: i want to
say something that is not intended to be
doomsday or overly negative. Now that
Obama has won we have to prepare in our minds
that this financial transaction tax proposal
is going to come up again for the 3rd
time. it was handily voted down because
the US brokerage firms and investment banks
are strong lobbyists. but if this comes
down, day trading will be much much tougher
and people will shift toward the futures and
forex because the proposal excludes those
instruments. but stocks and day trading
could become a thing of the past. [07:31
am] Mitch K: not trying to scare you, just
trying to think this out [07:31 am] Mitch
K: so one thought is to make a heck of a lot
of money trading in the next two years and
rathole the money. reduce your debt,
pay off all cars, credit cards, look toward
some income property, improve skills in other
markets for trading [07:32 am] Mitch K: i
have already outlined version 2 for
Lightning. i have received the
Lightning version Beta last night.
working this morning to prepare for
downloads. will give you extremely low
pricing on Lightning [07:33 am] Mitch K:
the webinar will be very low pricing and your
rate structure will not change for Lightning
as long as you maintain it but pricing for
Lightning will be at least twice as high as
your rate when released to public [07:36
am] Mitch K: let me clarify, your rate doesnt
change on LIghtning [07:53 am] Ed : SPY
new lod [08:10 am] Ed : covering 3/4 of GS
short [08:24 am] Ed : SPY new
lod [08:35 am] Ed : out all GS
short [08:41 am] Ed : getting bounce in
SPY [09:24 am] Ed : monitoring CXW for
more selling for potential setup for
long [10:14 am] Ed : take over chatter on
ILMN [10:15 am] Ed : thx murano for
ILMN [10:24 am] Mitch K: i just got this
version downloaded and am preparing to get
this ready for download for you guys.
here is ILMN, try not to cry [10:25 am]
Mitch K: i hate to see grown men cry, unless
it was Obama [10:26 am] Mitch K: the red
diamond was the alert price, when it
triggered [10:26 am] Mitch K: no buy
signal yet to cover but should appear
soon [10:26 am] Mitch K: i know some of
you can get better opening price but with
higher risk [10:26 am] Mitch K: thats
about 50.75 [10:27 am] Mitch K: this is
latest drop and pop for HMSY [10:27 am]
Mitch K: let me look at HMSY [10:28
am] Mitch K: CYH [10:29 am] Mitch K: this
is the futures forex version, see what Obama
win did to oil? dropped over $3.00
consecutiively [10:30 am] Mitch K: gold
here [10:30 am] Mitch K: silver [10:32
am] Mitch K: going [10:32 am] Mitch K:
going [10:32 am] Mitch K: last
call [10:32 am] Mitch K: any other stocks
you traded that were good? [10:32 am]
Mitch K: i saw TIF, Tiffanys moving [10:33
am] Mitch K: what time was trade? this
looks good here [10:34 am] Mitch K: good
money [10:34 am] Mitch K: these are 2%
trades here [10:34 am] Mitch K: these are
good moves on BTU [10:35 am] Mitch K: this
is CLR [10:38 am] Mitch K: how has Chingo
been doing? you there? [11:09 am] Ed
: should get move in SPY out of the range its
in [11:18 am] Ed : still monitoring HAIN,
the more it moves up the better [11:58 am]
Ed : getting bounce in SPY [12:12 pm] Ed :
nice trading guys/gals on the HAIN
short [12:56 pm] Ed : hae a great eve
traders [01:00 pm] Mitch K: LATER
GUYS
| November 7, 2012
TSA User
Chat
[05:48 am] qwert : Good
morning to everyone [05:54 am] khall
: I need a do-over [05:55 am] reshef
: G. Morning [05:55 am] mikewd2 -: need to
raise the age of voters! [05:55 am]
taco : Good morning Mitch and
all [05:59 am] cowboyh : Goodmorning
Mitch and everyone what a dissipointing
election [06:01 am] khall : yeah,
I’m not looking forward to all the bickering
with the fiscal cliff coming up [06:04 am]
joeytsa : Good morning Mitch,
traders [06:05 am] joeytsa : gap up:
SODA,CTSH,VHC [06:05 am] joeytsa :
gap down: LPSN,PRGO,GOLD,PLXS? [06:05 am]
shawn : for sure: looks like we can
play everything to the down side [06:06
am] qwert : thx joey [06:06 am]
joeytsa : futures jumped on the 0bama
win, but have sold off [06:07 am]
shawn : short Coal [06:07 am]
mikewd2 -: Ryan would have been so good for
the country. [06:07 am] joeytsa :
romney wanted christie first [06:07 am]
mikewd2 -: short coal, would have been the
play yesterday [06:07 am] mikewd2 -: and
medical that gets hurt by obamacare [06:07
am] joeytsa : yep [06:07 am] mikewd2
-: yep [06:08 am] joeytsa : christie
played his hand for 2016 [06:08 am]
qwert : agree joey [06:08 am]
skydiver : gm all and thnx for
the gappers joey [06:09 am] skydiver
: well said Mitch [06:09 am] joeytsa
: i will be using a portion of profits to buy
real gold and maybe a gun or too [06:09
am] qwert : same here [06:09 am]
mikewd2 -: me too joey [06:09 am] mikewd2
-: we are headed towards Greece [06:10 am]
shawn : everybody likes a hand
out [06:10 am] qwert : smith and
wesson up 7% this am [06:11 am] doji
: Good morning fellas! [06:12 am]
skydiver : gm domi [06:12 am]
shark : hi doji, everyone [06:12 am]
skydiver : doji [06:12 am]
skydiver : and gm shark [06:13 am]
shark : 🙂 [06:13 am] Mitch K: a
really good handgun is a USP tactical
by Heckler & Koch. you can
really stay on teh target on subsequent
shots. I am not a big fan of the GLock
for personal use but good for military and
police. [06:13 am] Mitch K: its a little
for a bigger hand, there is a nice Baretta
more suited for ladies, i will get name of
model [06:14 am] skydiver : thnx
Mitch . . my little stubby 38 – — can’t hit
the side of a barn with it — 🙂 [06:14
am] ticktrader : Good Morning
Traders [06:15 am] shark : gm
tick [06:16 am] joeytsa : yeah, was
listening [06:16 am] shark : missed
it [06:16 am] khall : I’m not really
too surprised. [06:16 am] joeytsa :
he said it very confidently too [06:17 am]
khall : exactly – and a lot of other
businesses will be doing the same [06:17
am] mikewd2 -: I hope the students from Ohio
State U, can’t find a job – of course there
will be welfare for them!!!! [06:17 am]
shark : Porn industry wants to leave
california now [06:18 am] mikewd2 -: Oh no
shark, say it ain’t so [06:18 am]
shark : (must wear condoms bill,
passed) [06:18 am] shark : nothing
fun anymore! [06:19 am] gum :
Baretta 9mm Brigadier best i have found
an [06:19 am] Mitch K: thanks
gum [06:19 am] mikewd2 -: Virginia didn’t
want help from texas because of non-union for
storm, maybe those union companies don’t want
our business either???? [06:20 am]
qwert : anyone trading CL this am some
good moves [06:20 am] skydiver :
Hard to comprehend — let’s see — I fall off
a cliff, haninging by a branch and a rescue
team comes to get me and I ask to see their
union card? [06:20 am] joeytsa : CL
testing S1 right now [06:21 am]
shark : watching also NLY, AGNC for
poss moves both ways [06:22 am]
reshef : ACI, AGU, BTH [06:23 am]
mikewd2 -: VVUS downgraded to target of $6,
will watch for break below
11.30’ish [06:24 am] skydiver : thnx
mike [06:24 am] doji : Thanks Mike,
I had VVUS on my screen since the
pre-market [06:25 am] mikewd2 -: watching
VRNG also [06:25 am] mikewd2 -: lower
priced stock [06:25 am] eyes : No
crying aloud [06:26 am] eyes : Good
Morning Everyone [06:26 am] mikewd2 -:
lets make some money, we are going to need
it! [06:27 am] joeytsa : unless the
dollar turns into dust [06:27 am]
crameka : good morning all… first
timer here [06:27 am] shark :
welcome crameka 🙂 [06:27 am]
joeytsa : welcome to the room
crameka [06:27 am] mikewd2 -: need it to
buy gold and guns, like you said. [06:27
am] apple : good morning to all
successful traders [06:27 am] Ed : welcome
crameka [06:27 am] qwert : welcome
crameka [06:27 am] khall : gm
apple [06:27 am] mikewd2 -: hey
crameka [06:27 am] khall : welcome
crameka [06:27 am] skydiver : gm
apple and welcome to crameka as well
🙂 [06:27 am] apple : gm crameka and
welcome to the best trading room [06:27
am] taco : hi crameka [06:27 am]
elisha : Good Morning Mitch, Ed and
everyone [06:27 am] apple : gm
sky [06:27 am] apple : gm
khall [06:27 am] apple : gm
taco [06:27 am] Ed : crameka would
recommend paper trading to get the hand of
room [06:27 am] apple : gm
mike [06:27 am] apple : gm
E [06:27 am] apple : gm MK [06:28
am] mikewd2 -: hi apple [06:28 am]
apple : gm joey [06:28 am]
ticktrader : GM Apple [06:28 am]
joeytsa : the first 30 minutes can be
wild here [06:28 am] mikewd2 -: right Ed,
or at least smaller positions [06:28 am]
crameka : Ed I live in Australia.. any
suggestions who I can demo trade
through? [06:28 am] taco : hi
apple [06:28 am] apple : gm
eyes [06:28 am] apple : gm
shark [06:28 am] mikewd2 -: if you like
dividend stocks, look into NS [06:28 am]
apple : gm doji [06:29 am] Ed : not
sure on that one, which platform you use
now [06:29 am] crameka : im brand
new to stocks… ive come from
forex [06:30 am] crameka : any other
aussies that come in the room? [06:30 am]
shark : SWHC 8% [06:30 am]
joeytsa : watch AAPL [06:30 am]
shark : omg, joey [06:31 am] mikewd2
-: BMRN [06:31 am] shark :
NLY [06:31 am] doji : NFLX [06:32
am] skydiver : HYMSY [06:32 am]
joeytsa : ES trying to hold
1407 [06:32 am] shark : NLY 5m
shares traded, avg 12m [06:32 am] mikewd2
-: AOL [06:33 am] joeytsa : ABT
falling [06:33 am] skydiver :
watching CIEN as well [06:33 am]
joeytsa : CYH [06:34 am] shark
: LEN [06:34 am] doji : NFLX a
runner [06:34 am] joeytsa : VVUS
trying to hold $11 [06:35 am] shark
: NLY @vwap [06:35 am] doji : out
VVUS 1/2 short [06:36 am] shark :
1/2 out NLY [06:36 am] shark : SPY
new lod [06:36 am] scalpman : sell
1/2 NLY L [06:37 am] joeytsa : ES
now trying to hold 1403, next level is
1400 [06:38 am] shark : SPY
@S3 [06:38 am] doji : NFLX giving
big up/down candles [06:38 am]
joeytsa : dow down 200pts [06:38 am]
shark : out 1/4 more NLY l [06:39
am] skydiver : s HYMSY 26.47 – covered
1/2 at 25.81 [06:39 am] joeytsa :
AMGN trying to move [06:39 am]
joeytsa : watching JOY [06:40 am]
scalpman : sell 1/4 NLY L [06:40 am]
shark : nice scalp [06:40 am]
eyes : S HMSY 26.49 +.90 last 50
shares [06:41 am] mikewd2 -: very good
eyes [06:41 am] shark : SWHC testing
lod [06:41 am] skydiver : nice
eyes [06:41 am] mikewd2 -: trail your
stop [06:41 am] scalpman : u
2 [06:41 am] skydiver : trailing
stop on HMSY short [06:41 am]
scalpman : shark [06:41 am]
eyes : stoped me out already [06:42
am] doji : CMG [06:42 am]
shark : GLD at b/e [06:42 am]
doji : APPL lost 570 [06:42 am]
mikewd2 -: too tight?? [06:42 am]
eyes : Long AGNC up 104 on
paper [06:42 am] mikewd2 -: out VRNG 3.50
to 3.70 [06:43 am] skydiver : come
to papa HMSY [06:43 am] eyes : on
tradestation how do you enter a
trailing stop [06:43 am] shark : out
last 1/4 NLY l [06:43 am] skydiver :
nice shark [06:43 am] shark :
+.50 [06:43 am] shark : on last
1/4 [06:43 am] joeytsa : tighten CYH
if short [06:43 am] taco : nice call
on joy joey [06:43 am] doji :
Watching FSLR [06:43 am] scalpman :
eyes I trail up manually [06:43 am]
shark : AAPL testing S3 [06:44 am]
shawn : esrx a buy [06:44 am]
mikewd2 -: i do to scalp using the matrix in
TS [06:44 am] mikewd2 -:
sometimes [06:44 am] scalpman : all
out NLY L [06:44 am] Ed : too late to buy
it here shawn [06:44 am] skydiver :
covering another 1/4 on HMSY 26.47 –
24.81 [06:44 am] doji : ESRX too
late [06:44 am] Ed : too much
risk [06:45 am] mikewd2 -: AOL short
working out [06:45 am] doji :
LEN [06:45 am] skydiver : thnx joey
for JOY L [06:45 am] shark : AGNC
hod, not sure if NLY gets there [06:45 am]
joeytsa : 🙂 [06:46 am] taco :
i was hoping for you mike [06:46 am]
joeytsa : CTSH bouncing, a bit
late [06:46 am] eyes : all out
NLY [06:46 am] shark : sweet
eyes [06:46 am] eyes : its paper but
feels good [06:47 am] shark :
😉 [06:47 am] taco : ya [06:47
am] joeytsa : HMSY a beauty [06:47
am] skydiver : all out of HMSY
S [06:48 am] shark : CMG
hod [06:48 am] Ed : nice call on
HMSY [06:48 am] doji : It was
Joey… now looking for a long [06:48 am]
eyes : I am going to go back to
Tradestation I am liking it I like the fills
i get [06:48 am] joeytsa : i didnt
call HMSY [06:48 am] mikewd2 -: yeah, i
get good fills on TS eyes [06:49 am]
shark : NFLX new hod [06:49 am]
eyes : i am just papertrading but like
it so far [06:49 am] Ed : u do get good
fills on TS [06:49 am] skydiver :
Look at time 6:32 on HYMSY 🙂 [06:50 am]
joeytsa : Mitch called it at
6:30 [06:50 am] skydiver : argh —
missed that . . .oh well . . . at least my
other scanner let me know 🙂 [06:50 am]
joeytsa : nice to have madscan back up
and running [06:50 am] shawn : has
Joy topped? [06:50 am] mikewd2 -: AOL
still looking good [06:50 am] eyes :
All i need now it to learn how to trail a
stop in it [06:50 am] skydiver :
thnx Mitch for HMSY!! [06:51 am]
joeytsa : out CYH [06:52 am]
murano : Great call on HMSY [06:52
am] eyes : S NLY .94 [06:52 am]
joeytsa : you cant beat a 20minute day
🙂 [06:52 am] mikewd2 -: ADTN takeover
rumors [06:54 am] skydiver : no
shorts on ADTN at lightspeed [06:54 am]
shark : SWHC new hod [06:55 am]
doji : Anyone in NFLX? [06:55 am]
shark : huge vol spike [06:56 am]
doji : APPL look like a very orderly
pussh to the upside [06:56 am]
joeytsa : lower highs on the
ES [06:57 am] qwert : BTU
toppy [06:57 am] mikewd2 -: all out AOL S
+1.00 [06:58 am] joeytsa : nice one
mike [06:59 am] doji : CMG [06:59
am] joeytsa : CMG nice move..low vol
though [06:59 am] shark :
😉 [06:59 am] joeytsa : PRGO
weak [06:59 am] shark : BofA/Merrill
320 target -CMG [07:00 am] joeytsa :
AGU trying to find a bottom [07:00 am]
qwert : BTU still strong [07:02 am]
doji : ES approaching 1400 [07:02
am] skydiver : DOW is down more that
220 [07:04 am] shark : thx,
Mitch [07:04 am] joeytsa : selling
to get taxed this year before taxes go up
next year? [07:05 am] shark :
yup [07:05 am] doji : Watching
SBUX [07:06 am] eyes : I dont get it
alleastern states vote him in and now they
sell [07:06 am] joeytsa : AMGN
weak [07:06 am] joeytsa : AMZN
lod [07:06 am] doji : VVUS [07:07
am] joeytsa : crude down $2 from
overnight high [07:07 am] doji : CMG
strong [07:07 am] shark :
😉 [07:08 am] joeytsa : RAX still
looking for a bottom [07:08 am] mikewd2 -:
H/S setting up on ADTN [07:09 am]
shark : you get NFLX. doji? [07:09
am] doji : No Shark, too volatile for
me, cannot get filled [07:09 am]
shawn : is JOY Toppy? [07:09 am]
shark : I sold NFLX 75puts,
weekly [07:11 am] doji : Now you
tell me [07:11 am] joeytsa : AMGN
testing $85 [07:12 am] shark : CMG
@R1 [07:17 am] joeytsa : ascending
tri on JOY [07:17 am] joeytsa : ES
lost 1400 [07:22 am] shawn : can we
use lightning [07:24 am] scalpman :
RIMM [07:24 am] doji : Nice to know
Mitcg [07:24 am] reshef :
EHTH [07:25 am] joeytsa : AAPL
lod [07:27 am] murano : Good call on
SBUX Doji, thanks [07:27 am] qwert :
thx mitch [07:30 am] joeytsa : good
point [07:31 am] shark : then we
better use lightning while we still can (for
stocks) [07:31 am] shark : I
agree [07:31 am] khall : me
too [07:31 am] joeytsa :
agreed [07:31 am] shawn : lets get
lightning going quick Mitch [07:32 am]
apple : thx MK [07:32 am]
shark : 🙂 [07:32 am] shawn :
thank you: I will buy it [07:33 am]
shawn : I am excited for it [07:33
am] joeytsa : shawn: you still need to
know how to trade, you seem really fixated on
lightning [07:33 am] shark :
yeahhh! [07:33 am] shark : shawn,
did you send email last night? [07:33 am]
apple : joey is absollutely right, you
still have to understand what you are
doing [07:34 am] shark : I agree,
apple, joey [07:34 am] shawn : Not
yet: I will tonight, I was watching the
election [07:34 am] shark : starts
with correct chart pattern [07:34 am]
shark : definitely historic,
yeah [07:34 am] shawn : I will Email
you tonight [07:35 am] reshef :
PLXS [07:35 am] taco : that’s great
Mitch, thanks [07:36 am] skydiver :
thanks Mitch for all your wisdom – looking
forward to using Lightning. Let us know
when the webinar is, etc. etc. and will be
there 🙂 [07:36 am] apple : Mk, let
us know a little bit in advance for the
webinar so we can plan accordingly.
thx [07:41 am] qwert : monitoring
DVN [07:41 am] shark : at some
point, one of these days, should get a nice
bounce on AAPL [07:42 am] shark :
watching [07:42 am] shark : nice
CHANNEL pattern, down [07:43 am]
reshef : Mitch, can I use Lightening
with other broker? [07:43 am]
joeytsa : breaktime, nice calls early
🙂 [07:43 am] reshef : any [07:48
am] apple : have fun joey [07:48 am]
shark : bye joey [07:51 am]
scalpman : test [07:51 am]
apple : you passed scalp [07:51 am]
scalpman : thanks apple [07:52 am]
shark : tense day in
Athens… [07:52 am] scalpman : I’ve
been having trouble with my browser all
morning…rebooted it about 5
times. [07:52 am] scalpman :
Watching SGY for bottom [07:52 am]
scalpman : Watching RIMM for
bottom [07:54 am] khall : oh man
scalp – that makes things difficult [07:55
am] qwert : Ed did you short
GS [07:55 am] doji : Watching
EXPE [07:55 am] Ed : yes [07:55 am]
doji : and NFLX [07:56 am]
qwert : whats your tgt [07:56 am]
khall : AAPL now officially in bear
territory [07:56 am] shark : I think
bears love apples [07:57 am] khall :
yummy – LOL [07:58 am] scalpman :
TNA for a bounce L…watching it
closely [07:59 am] apple : lol
shark [08:00 am] apple : GOOG also
bearish [08:01 am] shark : close to
100day, yes [08:01 am] qwert :
watching HUM [08:02 am] reshef :
cp [08:08 am] reshef : mcp [08:11
am] joeytsa : lost internet
connection..hate that [08:12 am] mikewd2
-: at some point MCP should be a good long –
but when? [08:12 am] mikewd2 -: its
already started: Cirrus Logic to cut 25
positions with plant closure, take $3.5M-$4M
charge [08:13 am] joeytsa : what
company announced 10k layoffs last
week? [08:13 am] joeytsa : was it
UBS? [08:14 am] apple : not sure
joey [08:14 am] Ed : yes [08:14 am]
reshef : bwp [08:19 am] khall
: apple, are you staying warm up there with
the new storm coming thru? [08:22 am]
apple : it was so windy, about 40
degress, 10 below normal — [08:22 am]
shark : SPY testing lod [08:22 am]
apple : and i am feeling cold, what
happens when it drops lower in
winter? [08:23 am] shark : come to
LA/Vegas or Hawaii, apple [08:23 am]
khall : more sweaters….
LOL. I feel so badly for the ppl with
no power still [08:23 am] apple :
robert did not win his election and was very
sad [08:23 am] shark :
ohhhhh [08:23 am] apple : thx shark,
send money [08:24 am] joeytsa : poor
robert [08:24 am] shark :
lol [08:24 am] apple : he felt it
was his only chance to be president [08:24
am] joeytsa : tell him he has to give
the people what they want [08:24 am]
khall : he’s young, he gets another
chance [08:24 am] joeytsa : free
condoms instead of deficit
reduction [08:24 am] shark : we had
a guy that ran for HOA board, said he would
reduce dues $100/mo, everyone voted for
him [08:25 am] apple : i did,
thx. he was angry because the girl now
acts like the queen [08:25 am]
joeytsa : i can get off my hoa board
haha [08:25 am] khall :
huh [08:25 am] joeytsa : no one
wants to run against me [08:25 am]
shark : he stopped showing up after 6
mos, wanted to give contracts to all his
buddies [08:25 am] apple :
haha [08:25 am] joeytsa : conflict
of interest [08:26 am] apple : the
girl gave everyone candy and had stickers
made [08:26 am] shark :
totally [08:26 am] joeytsa : we
actually have to have 3 sealed bids for
anythign we do [08:26 am] khall :
wow – she was bribing her way into
office [08:26 am] shark : sealed,
wow! [08:27 am] apple : no kidding,
and takes advantage by talking and texting,
etc. i told robert to leave it alone.
and just be the kind wonderful person he
is [08:27 am] joeytsa : nice
breakdown on DVN, good call whoever called
it [08:27 am] khall : that’s good
advice [08:28 am] apple : nice on
DVN [08:28 am] eyes : ed what was
your entry price GS [08:28 am] Ed : forget
but took it when it broke lod [08:28 am]
joeytsa : you were watching GS from
earlier, nice one [08:29 am] Ed : nice
call on DVn qwert [08:29 am] qwert :
thx [08:29 am] Ed : sure was [08:29 am]
taco : apple, too bad your son didn’t
win, maybe he’s meant for greater
appointment! [08:29 am] joeytsa : i
should listen to you sometime
haha [08:29 am] eyes : i need to
keep a eye out for those post [08:29 am]
Ed : it was 120.13 [08:30 am] Ed : know
what u mean joey [08:30 am] apple :
agree taco, it’s a learning lesson. his
teacher said he gave a great speech
though. they did not do a debate
because of Sandy. [08:30 am] eyes :
thanks [08:31 am] apple : die
AAPL [08:31 am] Ed : would have been nice
short right out the gates but I missed it,
went to alert you all, looked at price and
was too late [08:31 am] shark :
🙁 [08:31 am] doji : More
selling [08:31 am] joeytsa : ES is
ugly [08:31 am] Ed : so i get an A for
effort, since I came back at it [08:32 am]
shark : 🙂 [08:32 am] qwert :
hahaha [08:32 am] joeytsa : 1432
high, just touched 1384 [08:32 am]
apple : ugly is sometimes a good thing
joey [08:32 am] joeytsa : agree
apple, i dont care if it hits rock
bottom [08:33 am] eyes : see if cl
hold here [08:33 am] taco : doji,
you watching your SBUX [08:34 am]
doji : YEs Taco [08:36 am]
qwert : nice Ed [08:40 am]
eyes : I have been trading Paper on TS
with the hit-take -+01 works really nice so
far [08:43 am] apple : what is that
eyes? [08:44 am] Ed : its type of entry on
Tradestation that acts like market order but
gets sent as limit [08:44 am] doji :
Dang… I hate TS.. every time is asking me
to register my computer….. this is just
nuts [08:45 am] Ed : u have to be the 1st,
something has be wrong with that [08:45
am] doji : have $100K sitting there
doing nothing [08:45 am] apple :
where is it – dont see it as order
price. and it’s not on the matrix is
it? or is it chart trading? [08:46
am] doji : I spent like 1 hour at the
begining categorizing some
files…. [08:46 am] eyes : on auto
button [08:46 am] reshef :
slb [08:46 am] doji : NFLX [08:49
am] apple : eyes where is the auto
button? [08:51 am] apple : on the
order bar? [08:52 am] reshef :
phmd [08:54 am] eyes : yes next to
limit price [08:55 am] eyes : blue
button [08:56 am] apple :
thx [08:56 am] eyes : well lunch
time see you al later on [08:57 am]
joeytsa : enjoy eyes [08:57 am]
apple : have fun [09:02 am]
joeytsa : shark: you here? [09:04
am] scalpman : Time to go…A green
day..thanks for good ideas. [09:04 am]
joeytsa : make it a good one
scalp [09:04 am] Ed : nice going
scalp [09:05 am] scalpman : Thanks
joey, Ed. see you tomorrow. [09:05 am]
qwert : bye scalp [09:05 am]
joeytsa : be a C# in the key of C
haha [09:05 am] scalpman : by
qwert [09:05 am] scalpman : I won’t
Bb [09:05 am] joeytsa :
hahah [09:06 am] qwert : watching
FDO [09:10 am] qwert : Ed are you
short SINA on the breakdown of 55 [09:10
am] Ed : no, just saw it selling so pull up
cahart [09:10 am] Ed :
cahart=chart [09:12 am] reshef :
tap [09:13 am] eddy : Hi
all [09:13 am] eddy : you guys must
be quite busy on a day like this [09:14
am] shark : hi eddy 🙂 [09:14 am]
murano : FSLR [09:14 am] qwert
: fslr [09:14 am] reshef :
fslr [09:14 am] qwert : thx
murano [09:17 am] shark :
cmg [09:17 am] qwert : fslr needs
panic selling [09:20 am] reshef :
rovi [09:25 am] joeytsa : nice 10pt
run on the ES from the bottom, coming into S3
res [09:27 am] Ed : so Puerto Rico opts
for statehood, congress still has to approve
it [09:28 am] joeytsa : i remember
back in the 70’s talk about making PR a
state [09:28 am] joeytsa : we cant
afford the 50 we have now
haha [09:28 am] Ed : this is first time
islanders voted it majority [09:28 am]
shark : Athens riots… [09:29 am]
joeytsa : going to look like LA in a
couple of years 🙂 [09:29 am] apple
: 50 is a nice round number, leave it at
that [09:29 am] Ed : i say make it
interesting, go back to 13 [09:30 am]
apple : well Ed we would be included in
that then [09:31 am] joeytsa : with
the way NY and CA an run..not sure i would
include either [09:31 am] Ed : take the
most unprofitable states let that be
US [09:31 am] shark : 🙁 [09:31
am] joeytsa : are no an [09:32 am]
apple : haha, okay King Ed [09:32
am] joeytsa : CA votes for prop 30 but
not 37 [09:33 am] shark : prop 30
passed? [09:33 am] qwert : its
embarassing whats going on in Cali [09:33
am] Ed : I may stand corrected, but I recall
that Tx does have something in there state
const. that would allow them to become
separate based on number of factors [09:33
am] joeytsa : yeah, be interesting to
see that [09:33 am] apple :
mike? [09:33 am] joeytsa : mike owns
TX [09:34 am] shark : ok, so CA now
has highest taxes in America [09:34 am]
apple : wow [09:35 am] Ed : higher
than NY [09:35 am] joeytsa : both
are going bankrupt [09:35 am] shark
: if it hadn’t passed, would have been $6B in
automatic cuts [09:35 am] shark :
spend, spend, spend [09:36 am]
joeytsa : wait until 4 yrs from
now [09:36 am] Ed : i moved to
canada [09:36 am] joeytsa : might be
a smart move [09:37 am] Ed : just unpacked
this am [09:37 am] reshef :
crox [09:37 am] qwert :
hahaha [09:37 am] shark : Warren
Buffet’s buddy, Charlie Munger dumped more
than $10M to defeat it [09:37 am]
joeytsa : gotta run, see you all for
the last hour [09:37 am] shark : bye
joey [09:37 am] Ed : c ya joey [09:37
am] qwert : watching HUM
again [09:38 am] joeytsa : gotta get
my organic csa crate b4 it gets
re-distributed 🙂 [09:38 am] Ed : too
late [09:38 am] Ed : joey we were right on
AAPL [09:39 am] apple : buy
joey [09:39 am] apple : have
fun [09:39 am] shark : prop 30
retroactive to income earned from
1/1/2012 [09:42 am] apple : shark
what was prop 37 [09:42 am] shark :
GMO -genetically modified foods requiring
labels [09:43 am] shark : about 88%
of our foods are now Genetically
modified [09:43 am] Ed : “Im not going
back to Cali” could be a new song [09:44
am] apple : unbelievable, right?
and then people wonder why they don’t feel
well [09:44 am] shark : I think they
don’t feel well cause of sugar, caffeine,
lack of exercise, fatty diet…. [09:44
am] shark : not sure genetically
engineered spinach is the cause [09:45 am]
shark : so highest CA sales tax
=10% [09:46 am] klas : Shark are you
in Cali [09:47 am] shark : today,
yes [09:47 am] klas : you dont live
here? [09:47 am] apple : hey klas
how are u [09:47 am] shark : I have
a home here. [09:47 am] klas : Im
good apple [09:47 am] shark : I also
spend time in HI & NV [09:47 am]
shark : and travel a lot [09:47 am]
klas : me to orange county [09:47
am] shark : where klas? [09:48 am]
klas : San Clemente [09:48 am]
shark : 🙂 [09:48 am] shark :
I”m in escrow on a house in Aliso
Viejo [09:48 am] klas : Nice we will
be 10 miles away [09:48 am] shark :
🙂 [09:48 am] klas : Ill buy the
first lunch [09:49 am] shark : you
got it! [09:49 am] klas : when will
it close [09:49 am] shark :
11/28 [09:49 am] klas : are you
going to vegas for expo? [09:50 am]
shark : absolutely! [09:50 am]
klas : I may go if I can get the
time [09:50 am] shark : ok, let me
know [09:50 am] klas : is anyone
else going? [09:51 am] klas : would
be nice to meet a few people [09:51 am]
shark : I agree [09:51 am]
klas : what days will you be
there [09:51 am] shark :
all [09:53 am] klas : Shark email me
[email protected] [09:53 am] shark :
thx, klas [09:53 am] klas :
yup [09:55 am] reshef :
rvbd [09:56 am] murano :
AMRN [10:05 am] murano :
ILMN [10:06 am] shark : 100 CEO
March down to congress. GREAT! [10:06 am]
shark : stop spending $ on campaigns,
start spending time to pressure these
guys [10:07 am] apple : agree
shark [10:07 am] regatta :
VOLC [10:07 am] shark : apple,
what’s your email? [10:08 am] doji :
SPY moving up now…news? [10:09 am]
shark : catching a bounce,
doji [10:11 am] qwert : reshef thx
for RVBD [10:11 am] doji : ILMN
going bananas [10:11 am] shark :
good eye, doji [10:13 am] apple :
shark it’s [email protected] [10:13 am]
shark : 🙂 [10:13 am] apple :
nice chart on ILMN [10:16 am] reshef
: ehth [10:17 am] Ed : would pass on
EHTH [10:18 am] Ed : unless we get some
acclerated vol like we did on ILMN [10:18
am] eyes : were did you short ED
ilmn [10:22 am] Ed : 1sec [10:23 am]
reshef : bsft [10:25 am] Ed : 1:14
est [10:26 am] apple :
beauty [10:26 am] docsmith :
Ourch. I’m crying [10:26 am]
docsmith : What about entry
signal? [10:26 am] apple : no
crying… [10:27 am] reshef : I need
hardly this lightening [10:27 am]
doji : Micth, the sell signal is in the
revsersal candle [10:28 am] Ed : 51.11
eyes for entry [10:29 am] eyes :
nice i was on phone missed it [10:29 am]
Ed : distraction [10:30 am] Ed : now Im
crying, did not even look at CL
today [10:30 am] apple : that’s
great if you were short [10:32 am]
qwert : nice [10:32 am] qwert
: Look at BTU [10:33 am] qwert : 7
ish [10:33 am] apple :
fantastic [10:34 am] qwert : nice
almost all day today [10:35 am] doji
: I hope I could spend more time
trading…. [10:37 am] shark : live,
doji, live [10:43 am] doji : These
copule of weeks have been really busy….
just barely tradinind [10:44 am]
shark : dojiiiiii !!!!! [10:44 am]
qwert : Watching MLM [10:45 am]
reshef : hain [10:47 am] Ed : on
HAIN would like a move into the 61.59 area or
more [10:47 am] reshef :
GREAT [10:49 am] shark : Ed, is that
a bear flag MNST daily? [10:50 am] Ed :
potentially, I see a triangle on 15minute and
on daily [10:50 am] Ed : so could break
either way [10:50 am] shark : ok,
thx 🙂 [10:51 am] Ed : and showing same
pattern on 1minute [10:51 am] Ed : so yes
good eye [11:00 am] eyes : S BSFT
31.43 on paper [11:01 am] Ed : nice
entry [11:01 am] Ed : its all paper
eyes [11:02 am] eyes : I get to
imprint that thru my head [11:10 am]
eyes : stoped last half BSft [11:13
am] apple : die AAPL [11:14 am]
qwert : are you short aapl
apple [11:15 am] apple : sure am
qwert,i have a 560 put [11:16 am]
qwert : nice then i will repeat die
aapl die [11:17 am] apple :
thanks [11:17 am] apple : all
together now… [11:18 am] qwert :
HAIN at 61.63 [11:19 am] eyes : just
say when [11:20 am] apple : now is
really good before i have to pick up my
son [11:21 am] joeytsa : ES has
settled into a nice 3pt range [11:23 am]
victor51 : HAIN S 61.77 [11:30 am]
joeytsa : RAX moving up [11:30 am]
joeytsa : about an 80c move [11:31
am] joeytsa : they had a nice move down
on the open [11:32 am] qwert : TIBX
at lod [11:32 am] apple : ES
dropping [11:34 am] apple : AAPL
dying thx [11:34 am] joeytsa : ES
sitting on S3 [11:34 am] joeytsa :
AAPL is a dog haha [11:35 am]
eyes : s 61.60 Hain coverd half
here [11:36 am] qwert : nice
eyes [11:36 am] joeytsa : nice
trading eyes [11:37 am] eyes : now i
just need to do it live [11:37 am]
joeytsa : you can do it [11:37 am]
qwert : just need same
mindset [11:37 am] qwert : i know
you can do it [11:38 am] joeytsa :
use qwert’s money 🙂 [11:38 am]
qwert : hahaha [11:38 am]
apple : lol [11:39 am] Ed : nice
trading eyes [11:40 am] reshef :
manh [11:40 am] apple : qwert, send
me some money, i’ll use it [11:40
am] qwert : sure just give
address [11:41 am] joeytsa : tighten
RAX if you took it short [11:41 am]
joeytsa : 50% retracement from breakout
pop [11:41 am] apple : ok [11:42
am] joeytsa : same with ES is short,
2pt move when it lost S3 [11:42 am]
reshef : eric [11:42 am] qwert
: aapl dropping more you send money to
me :)) [11:43 am] apple :
don’t mind sharing qwert [11:44 am]
qwert : 🙂 [11:44 am] eyes :
well my frends see you all tomorrow good luck
to all [11:44 am] joeytsa : enjoy
the day eyes [11:45 am] taco : bye
eyes, nice trade [11:45 am] qwert :
cya eyes [11:45 am] apple : bye
eyes, have fun, i will be leaving now too to
pick up robert from school. it already
started raining here and it’s cold –
hopefully no snow [11:45 am] joeytsa
: be safe apple [11:46 am] taco :
bye apple drive safe [11:46 am]
qwert : be careful aaple [11:46 am]
apple : walk safer [11:47 am]
apple : i really don’t want to go
outside, nice and cozy here in the
basement [11:47 am] victor51 : see
you Apple [11:47 am] joeytsa : throw
a snowball at the girl who beat him in the
election 🙂 [11:48 am] reshef
: lnc [11:48 am] reshef :
LNC [11:49 am] murano :
FIO [11:49 am] joeytsa : low priced
KIOR [11:50 am] joeytsa : not my
type of play [11:52 am] joeytsa :
APA weak [11:58 am] reshef :
cnk [12:15 pm] reshef :
cva [12:23 pm] victor51 : Thanks
Eyes and Ed, HAIN s
+.40 [12:23 pm] Ed : nice going
vic [12:33 pm] joeytsa : boehner
talking about the fiscal cliff on
cnbc [12:35 pm] shark : is he going
to jump first? [12:35 pm] joeytsa :
no CA is 1st hahaha [12:36 pm] shark
: lol, yeah probably so [12:36 pm]
shark : I sold CA short as best I could
a couple years ago. [12:36 pm] shark
: (swing trade) [12:37 pm] joeytsa :
CA- 12% of US population, 33% of welfare
recipients [12:37 pm] joeytsa : at
least thats what i read [12:37 pm]
shark : read that too [12:38 pm]
joeytsa : at the current rate,
nationally, welfare getters will double in 4
yrs [12:38 pm] joeytsa : my
estimate [12:38 pm] Ed : so ur saying i
can get a check [12:38 pm] joeytsa :
yeah, from qwert 🙂 [12:39 pm] Ed :
would be better, no string attached [12:39
pm] shark : yeah, people sitting at
home all day eating PBJ sandwich’s should
qualify, Ed [12:39 pm] joeytsa :
that will be classified as
ajob [12:40 pm] shark :
haha [12:40 pm] Ed : lets see, i sit at
home all day [12:40 pm] Ed : partially
quialified [12:40 pm] joeytsa :
seriously though, do you see welfare getting
smaller? [12:41 pm] Ed : look at last 4
years, [12:41 pm] joeytsa : not only
will it continue to grow, but those on it
will keep voting liberal [12:42 pm]
joeytsa : 0bama also doesnt have to
campaign anymore..now he can focus on ramming
his other ideals down our throats [12:42
pm] Ed : i saw that, someone said vote for
POTUS if u want ur check to
continue [12:42 pm] joeytsa :
sad [12:42 pm] Ed : welfare check that
is [12:43 pm] shark : 🙁 [12:43
pm] qwert : just got back looks like im
writing alot of checks out today [12:43
pm] joeytsa : wasnt it Kruschez who
predicted years ago that america would fall
to communtism without a shot being
fired [12:43 pm] joeytsa : that we
would fall to moral decline [12:43 pm] Ed
: yes [12:44 pm] joeytsa : dont want
to base 0bama too much here since i know we
have some members who are liberal..but i dont
see a good ending coming [12:44 pm]
joeytsa : bash=bash [12:45 pm]
joeytsa : Mitch has already mentioned a
few times about a transaction tax that might
be coming [12:45 pm] taco : i was
wondering if that could be reversed after
republicans win again? [12:46 pm]
shark : sure, taco [12:46 pm]
reshef : deo [12:46 pm]
joeytsa : dont see why it
couldnt [12:46 pm] go4it : Just for
the record. I’m happy Obama won
re-election. [12:46 pm] joeytsa :
but how are republicans goign to
win? [12:46 pm] shark : Romney could
have been more specific about cutting
deficit [12:47 pm] joeytsa : neither
guy can stop the train thats coming [12:47
pm] shark : his 5 bullet point plan on
his website was more vague than
Obamas [12:47 pm] Ed : what would really
help, is if both parties could work
together [12:47 pm] shark : 🙂
agreed [12:47 pm] joeytsa : yeah and
my maid could look like allysa milano and
cook like giada 😉 [12:47 pm]
shark : Romney shouldv’e worked harder
to appeal to latino voters [12:48 pm] Ed :
our system works best when we have
compromise, never good one-sided [12:48
pm] Ed : same as a marriage [12:48 pm]
joeytsa : congrats to those who voted
for 0bama..just be prepared for whats coming
and dont complain 😉 [12:49 pm]
go4it : Now that stopping Obama from
being re-elected as the number one priority,
Republicans can start doing thier
jobs. [12:49 pm] joeytsa : 0bama
couldnt even pass a budget with full dem
congress [12:49 pm] joeytsa : didnt
even get 1 vote from a dem [12:50 pm]
murano : No budget in 4 years [12:50
pm] murano : Try to run a business that
way [12:50 pm] shark : Romney had a
great concession speech [12:50 pm]
go4it : The Republican House controls
the money [12:51 pm] shark :
Hopefully Obama will sit down and talk to him
about ideas [12:51 pm] joeytsa : not
for the 1st 2 yrs [12:51 pm] joeytsa
: 0bama doesnt like it if you believe
opposite of him [12:51 pm] murano :
The Republican house controls the money and
they haven’t done anything in the last 2
years [12:52 pm] joeytsa : wait
until the hidden taxes of 0bamacare kick
in [12:52 pm] shark : yeah….that’s
a doozie xpense [12:52 pm] go4it : I
personally loved Romney’s concession
speech. [12:52 pm] shark : agreed,
go4it [12:53 pm] joeytsa : both
speeches last night were good [12:53 pm]
joeytsa : unfortunately the debt keeps
rising [12:54 pm] joeytsa :
hopefully things work out, i just have my
doubts [12:55 pm] murano : We will
be at 20 Trillion by 2018 if this doesn’t
stop [12:55 pm] joeytsa :
2018?? [12:55 pm] taco : see you all
tomorrow. thanks everyone, Mitch Ed [12:55
pm] Ed : c ya taco [12:55 pm]
joeytsa : bye taco [12:55 pm]
shark : bye taco [12:55 pm]
qwert : cya taco [12:56 pm]
joeytsa : Thanks
Mitch,Ed,everyone..hope you all have a great
day, see you in the morning [12:56 pm]
murano : Have a good evening, see ya’ll
tomorrow [12:56 pm] Ed : c ya
murano [12:56 pm] go4it : GN
Joey [12:56 pm] Ed : c ya joey [12:58
pm] qwert : Bye everybody cya all
in the am [01:00 pm] shark : bye all
🙂
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