[06:17 am] Kris : good morning traders
[06:18 am] Kris : NIHD, WM, CROX, PLCM and
WMS on the short side.
[06:18 am] Kris : Today I’m watching CXO,
DKS, EWBC, YPF, SIG, DNDN and TRGT on the
long side.
[06:21 am] Brent : good morning
[06:30 am] Kris : WHR long
[06:31 am] Kris : LVS short
[06:33 am] Mitch : watching for bottom in
GRPN
[06:34 am] Kris : YUM long half
[06:37 am] Kris : NFLX long
[06:37 am] Kris : NTAP long half
[06:37 am] Kris : watching HOLX for a
short
[06:37 am] Mitch : watching SHAW for
bottom
[06:39 am] Kris : watching WMS for a short
[06:39 am] Mitch : watching KSS for bottom
[06:40 am] Kris : buyers starting to come in
here
[06:40 am] Mitch : new low on GRPN, new lows
usually should be stopped, weak stock
[06:41 am] Kris : LRCX long half
[06:41 am] Kris : NTAP pushing for new
hod[06:41 am] Mitch : missed URBN bottom,
waiting for top to short
[06:42 am] Kris : V long half
[06:42 am] Mitch : CE top
[06:42 am] Mitch : let SHAW bottom first
before buying
[06:43 am] Kris : MDR buyout rumor
[06:43 am] Kris : out half NTAP long
[06:44 am] Kris : SPY testing hod[06:47 am]
Kris : WHR consolidating under hod, staying
patient for another move to new highs.
[06:47 am] Mitch : watching for bottom in
ANF
[06:47 am] Mitch : watching for bottom in
BWA
[06:50 am] Brent : watching VRUS for a
bounce
[06:50 am] Kris : AMLN short half
[06:52 am] Kris : watching SHAW for a long
[06:52 am] Mitch : watching for short in
NTGR
[06:53 am] Kris : long second half V
[06:53 am] Kris : out half AMLN short
[06:56 am] Kris : SPY new hod[06:56 am] Kris
: WHR trying for new hod[06:56 am] Kris :
XLNX buyout rumor
[06:57 am] Kris : NTAP new hod[06:57 am] Kris
: out another 1/4 NTAP long
[07:00 am] Brent : consider reducing VRUS
[07:01 am] Kris : out half V long
[07:02 am] Kris : watching FMCN for a long
[07:03 am] Kris : increasing volume and
accelerating price
[07:04 am] Mitch : monitor MAKO for top
[07:07 am] Mitch : INHX acting like typical
bullshort, which is a swing trade short
[07:07 am] Mitch : that’s Inhibitex[07:08 am]
Kris : FMCN looking juicy
[07:10 am] Brent : SPY at trendline
support
[07:14 am] Kris : LONG FMCN half
[07:15 am] Kris : first target 25.77 FMCN
long
[07:15 am] Kris : long second half FMCN
[07:16 am] Mitch : watching X for bottom
[07:17 am] Kris : out half FMCN long
[07:19 am] Kris : next target 25.98 FMCN
long
[07:19 am] Kris : out another 1/4 FMCN
long
[07:20 am] Kris : next target 26.32 FMCN
long
[07:21 am] Kris : careful of a new lod in the
SPY
[07:21 am] Kris : market getting some
sellers, SPY pulling back a little from the
last bounce off the lows
[07:25 am] Kris : NXPI short
[07:26 am] Mitch : new low on VRTX
[07:27 am] Mitch : if you went short on top
of FMCN bounce, consider covering soon
[07:28 am] Kris : starting to watch for a
long in TNA
[07:28 am] Mitch : new low on INHX
[07:31 am] Mitch : watching APKT for
bottom
[07:33 am] Kris : DMND long half
[07:35 am] Kris : 39.81 but looking to add on
a pullback darthfader[07:35 am] Mitch : for
those of you who don’t get the Daily STock
REport, DMND is a long swing trade
[07:36 am] Kris : may the force be with
you
[07:36 am] Mitch : planning on a hold time of
7-10 days long with DMND
[07:38 am] Mitch : bounce in indexes
occurring
[07:39 am] Mitch : consider reducing MAKO
short soon
[07:41 am] Kris : are you new to the room
Fader?
[07:42 am] Kris : welcome to the room!
[07:49 am] Mitch : no sell signal yet on
APKT long
[07:50 am] Kris : let’s see if we get a
higher low on a pullback in the spy, I think
we might have more upside today.
[07:51 am] Kris : if you got NXPI short, look
to cover some here and move down your stop
[07:51 am] Mitch : INHX touched a new low,
just trickling down down down[07:53 am] Kris
: LULU ALERT
[07:54 am] Mitch : ok you guys who are new to
the room,. on the chart on the right, APKT,
we bought the bottom and then we look for a
top to short so you can get 2 trades on
these
[07:54 am] Mitch : the LULU chart is only
looking at this point,
[07:55 am] Kris : SINA starting to round
off
[07:57 am] Mitch : new low on INHX, drip drip
drip, down down down, target to cover short
is low $8s, probably tomorrow
[07:58 am] Mitch : if INHX gets into low $8s
today, would be good to cover
[07:59 am] Mitch : start monitoring DMND for
long bounce if continues drop
[08:04 am] Kris : long second half DMND
[08:05 am] Kris : I may take a small piece
home but we’ll see where we get to before the
close.
[08:10 am] Mitch : APKT new low
[08:10 am] Mitch : here is daily chart on
APKT, shows just first sell signal for
short
[08:10 am] Mitch : new lows on indexes now
[08:11 am] Mitch : I show that to give you
perspective of today’s drop is little
[08:11 am] Mitch : on a swing trade
[08:13 am] Kris : watching TNA for a long
[08:15 am] Kris : TNA long half
[08:18 am] Kris : I’ll hit it again
[08:18 am] Kris : stopped TNA, still
watching
[08:27 am] Kris : long TNA half
[08:43 am] Mitch : did anyone work SHAW
long
[08:58 am] Mitch : looking for short scalp in
SHAW
[09:08 am] Kris : out half TNA long
[09:10 am] Kris : if anyone took SINA long,
look to sell some here and move up your
stop.
[09:20 am] Mitch : looking for short here
CRZO
[09:46 am] Kris : APKT looking like a
consolidation for a breakout above resistance
soon
[09:52 am] Brent : SPY at trendline
support
[10:50 am] Kris : out all TNA long
[10:57 am] Brent : SPY approaching hod[11:18
am] Brent : Mitch is preparing to do a review
with you guys. About 3pm eastern
[11:29 am] Brent : SPY new hod[11:30 am] Kris
: break time, be back in 30
[12:15 pm] Mitch : sorry I’m late guys, just
a few min before a review
[12:41 pm] Mitch : my hunch is that INHX will
head down early tomorrow but probably only a
5% move. Holding very small short position
overnight
[01:00 pm] Kris : good night everyone. great
job today. see you all back here tomorrow
morning.
[01:00 pm] Brent : have a good night, see you
all tomorrow
|
[06:02 am] taco : TRGT is way down this
am
[06:02 am] mh : anyone looking at ALU for a
swing long play
[06:04 am] joeytsa : taco : TRGT down on a
bad score of an antidepressant drug
[06:05 am] joeytsa : only report today is
the IBD/TIPP economic optimism @ 7am
pst[06:10 am] joeytsa : gap down:
LGCY,TRGT,FOSL,AMLN
[06:11 am] joeytsa : gap
up:AAPL,PCLN,BIDU,SINA,MSSR,CLF,ROK,RAX[06:13
am] taco : AMLN has big move this am too
[06:21 am] joeytsa : Italy yields 6.74
[06:21 am] joeytsa : China exporters see
slowing growth, Japan bought $300M eoro worth
of EFSF bonds
[06:21 am] mikewd2 -: Targacept downside
protected by $7 per share in cash, says
Deutsche Bank
[06:25 am] shawnt4 : fosl: numbers must have
been terrible
[06:25 am] joeytsa : yeah shawn..FOSL not
looking good but should move sometime
today
[06:27 am] joeytsa : re: FOSL…they
actually beat the #, and raised its full yr
guidance
[06:28 am] joeytsa : they were @ $110 end of
oct[06:29 am] joeytsa : they have been
selling off for over a week…could just be
profit taking from the run up from below
$80
[06:31 am] doji : PANL
[06:32 am] doji : ROK S
[06:32 am] joeytsa : RAX dropping
[06:34 am] shark : AAPL running
[06:34 am] joeytsa : yeah it is
[06:34 am] joeytsa : so was PCLN
[06:35 am] shark : you do any aftermarket on
PCLN yesterday?
[06:37 am] joeytsa : no..shut computers off
most of the afternoon
[06:37 am] joeytsa : how about you
[06:38 am] joeytsa : SINA with the nice gap
close..just about
[06:38 am] joeytsa : ROK holding support so
far
[06:38 am] shark : just observed it
[06:42 am] joeytsa : RAX nice gap fade and
bounce
[06:43 am] joeytsa : NFLX giving up some
gains
[06:43 am] candelas : GMCR trying to bottom
on 1min
[06:45 am] joeytsa : RAX might be good for a
couple more bucket drops
[06:45 am] candelas : has minor resis to
contend with
[06:46 am] shawnt4 : tell me when RL should
be a short
[06:46 am] joemas99 : yum goes down as index
s&p goes up
[06:48 am] candelas : gmcr can break either
way so be flexible
[06:49 am] doji : Big drop in SPY, any
news?
[06:49 am] joeytsa : agreed..looks a bit
weak though
[06:49 am] candelas : missed fosl[06:50 am]
shawnt4 : we missed FOSL bad
[06:50 am] joeytsa : thought i set that up
for you candelas
[06:51 am] candelas : u did, missed my
price
[06:51 am] joeytsa : catch the next move
then 🙂
[06:51 am] candelas : did u reverse and go
short gmcr[06:52 am] shark : SHAW, dog with
fleas
[06:52 am] joeytsa : i never went long
GMCR
[06:52 am] candelas : i caught breakdown
short
[06:53 am] joeytsa : but only took 25cent on
the short just in case it bounced
[06:53 am] shark : VRUS
[06:53 am] joeytsa : looked weak when it
didn’t punch thru the prv cl
[06:55 am] mikewd2 -: stopped on BWA
[06:58 am] joeytsa : MCP might be bottoming,
but looks weak though
[07:00 am] joeytsa : looks like some profit
taking in PCLN..lower highs since the peak
[07:01 am] mhaus : watching QCOR
[07:01 am] joeytsa : IFF weak all
morning..lower highs
[07:01 am] joeytsa : FOSL giving it up
again
[07:02 am] mikewd2 -: CJES nice 5 day run
[07:02 am] candelas : out 3/4 GMCR stop rest
b/e 69.71
[07:02 am] joeytsa : 75cents on FOSL that
time
[07:03 am] joeytsa : nice candelas…i
missed the GMCR up move doh[07:03 am] shark
: watching for possible fade AAPL
[07:04 am] joeytsa : AGQ hod[07:06 am]
shawnt4 : is apple a short now
[07:06 am] joeytsa : BIDU gave up its
upside
[07:07 am] candelas : aapl is too late for
short, u have to be very precise in shortn
aapl[07:10 am] go4it : Like the sound of
INTX bullshort I’m in it ss since fri 8.90
[07:10 am] joeytsa : FOSL might be
bottoming, but i am waiting for another short
setup..won’t play the bounce up unless it
punches thru res
[07:11 am] go4it : INHX
[07:12 am] apple : SHAW still heading
south
[07:12 am] candelas : out all gmcr[07:16 am]
joeytsa : RRC weak this morning
[07:16 am] taco : thx for play by play Kris,
helps me
[07:16 am] taco : on the juicer
[07:17 am] joeytsa : TZOO nice little spike
up
[07:18 am] joeytsa : nice call Kris
[07:20 am] Brent : good one Kert[07:20 am]
truck : nice Kris ! FMCN
[07:20 am] dano : …any neg news this
morn??
[07:20 am] apple : loving FMCN K – thx
[07:20 am] truck : love those 2% ers !
[07:20 am] richard : ty kris fmcn[07:21 am]
garyb : Hi Everyone! I’ve been travelling a
lot so have been unable to be in the room
very much! Hope everyone is doing great!
[07:21 am] jsn13 : Thanks Kris, long FMCN at
25.34 and out at 25.93…
[07:23 am] apple : watching FIO
[07:23 am] joeytsa : FIO falling
[07:23 am] storage : thanks Kris FMCN 25.21
out 25.80
[07:23 am] Kris : good one apple
[07:24 am] go4it : nice Kris thanks
[07:24 am] shark : down, FIO, down boy
[07:25 am] richard : any news on TGT
[07:26 am] joeytsa : DSW dropping
[07:26 am] shark : some retail stocks
weak
[07:27 am] doji : Berlusconi won budget
approval in Italy
[07:27 am] shark : DIA filled gap
[07:27 am] rusty : FMCN may be getting hit
by GS report CCTV 2012 prime-time ad auction
suggests decelerating growth
[07:28 am] doji : Cannot S INHX with TDA
[07:29 am] lightning : MDVN starting to show
some weakness on the daily
[07:30 am] shark : WOW -PCLN up $26+ new
hod[07:31 am] mikewd2 -: TNA L 47.50
[07:31 am] joeytsa : yeah shark..after that
bit of a selloff it just flew
[07:31 am] shark : after hours yesterday
-20
[07:34 am] fader : what is your stop in DMND
Kris?
[07:35 am] fader : thx, i’m typically
fading, so breakout plays are tougher to play
for me
[07:37 am] mikewd2 -: is the current price a
good entry, Mitch?
[07:38 am] truck : watching VRUS
[07:40 am] mikewd2 -: IFF S
[07:41 am] shark : AAPL slow fade, lower
highs -like to see break below 404.40
[07:42 am] fader : yea joined yesterday
[07:42 am] candelas : welcome
[07:42 am] lisas : welcome fader
[07:42 am] shark : covering AAPL
[07:42 am] fader : great to meet all of
ya’ll[07:42 am] anthonyb : welcome fader
[07:43 am] fader : looks like some good
ideas in here, i’m mainly looking for
fades
[07:43 am] fader : as my name suggests 🙂
[07:43 am] neuronx : VRUS doble bott[07:43
am] Kris : you’re in the right place for
fades
[07:45 am] truck : out half VRUS,plus .35
[07:45 am] candelas : apkt gettin bid
[07:45 am] shark : DSW nice bounce
[07:46 am] doji : APKT
[07:46 am] truck : out 1/4 VRUS
[07:47 am] candelas : good place to reduce
some APKT
[07:49 am] candelas : great call Mitch
[07:53 am] ronfrac : Mitch; Thx for APKT in
500 at 38.02 out at 38.62
[07:53 am] apple : LULU breakout
[07:54 am] lisas : oh, NTGR finally
dropped.
[07:55 am] doji : FSLR
[07:58 am] fader : where are you short from
Mitch?
[07:58 am] doji : Does anyone know if TS has
INHX for short?
[07:58 am] Mitch : hey nice ronfrac[07:58 am]
jsn13 : Mitch, at what price and time did u
shorted INHX?
[07:59 am] jsn13 : what time frame u use to
decide ur entry?
[07:59 am] khall : yes doji[07:59 am] khall
: I have TS INHX short
[07:59 am] ghaziar : Kris –What does ROUND
OFF mean?
[07:59 am] doji : Thanks Khall[08:00 am]
Kris : it’s starting to put in a wide
bottom
[08:00 am] ronfrac : Tried shorting LULU. No
stk avail
[08:00 am] Kris : when they put in a higher
low I like to take a small long and ride it
out most of the day
[08:00 am] Kris : they are slow rollers
[08:01 am] candelas : but nice profit
potential
[08:01 am] fader : LGND
[08:01 am] mikewd2 -: but Sina did a lower
low, yes?
[08:02 am] Kris : it’s not ready yet mike
[08:02 am] Kris : but it’s rounding off
[08:02 am] mikewd2 -: ok, good! ty[08:02 am]
jsn13 : LGND looks good….
[08:03 am] Kris : little too thin for me
jsn[08:03 am] qwert : lgnd has a huge spread
for 12 stock
[08:03 am] Kris : anemic
[08:03 am] jsn13 : thanks for the
advice….
[08:03 am] rusty : SNE new lows
[08:04 am] rusty : CHK lod[08:04 am] mikewd2
-: Kris is this for a swing, or just day
trade?
[08:04 am] mikewd2 -: on DMND
[08:06 am] doji : Ouch DMND
[08:06 am] doji : got filled at 40.03….
lucky
[08:06 am] mikewd2 -: added DMND 40.05
[08:06 am] doji : VRUS lod[08:07 am] Mitch :
fader, INHX was a short for me yesterday in
upper $9s on INHX, I am looking for around $8
this week to cover, could fall apart quite a
bit more though’
[08:08 am] mikewd2 -: had support at 40, we
should have got that!
[08:09 am] mikewd2 -: any thoughts on TRGT
from anyone, stayed in pretty narrow range
today, after large gap down.
[08:10 am] shark : dead on arrival mike
[08:12 am] shark : still selling off slowly
to newer daily lows
[08:12 am] doji : Mitch, shouldn’t we wait
until the slow stochastics also move above 80
to short APKT?
[08:15 am] rusty : PZZI early bullshort
radar
[08:15 am] rusty : sorta[08:15 am] rusty :
volume high but only relative to usual
volume
[08:16 am] ben4givn : wtw[08:19 am] doji :
INHX
[08:22 am] taco : WTW
[08:23 am] mikewd2 -: LVS lod[08:24 am] doji
: Stopped in DMND Kris?
[08:24 am] doji : stop was at 39.81
[08:27 am] doji : L TNA, tight stop
[08:27 am] doji : 46.21
[08:27 am] Kris : yes doji I stopped
[08:29 am] doji : 1/2 out TNA, move stop
above be
[08:36 am] doji : stopped second 1/2 TNA
[08:43 am] mikewd2 -: Targacept says many
trials fail in anti-depressant area
[08:43 am] joeytsa : yeah mike, read that
this morning
[08:44 am] truck : much earlier I
did,,SHAW[08:44 am] mh : got out of shaw
24.19
[08:45 am] bocoo : stopped out of SHAW much
earlier
[08:50 am] rusty : GMCR moving up
[08:52 am] joeytsa : BWA lod[08:53 am]
trvlntrdr : trgt moving up
[08:55 am] joeytsa : FOSL nice move off that
double bottom..see if it can break overhead
res
[08:57 am] Mitch : i don’t care for FOSL
Joey
[08:57 am] joeytsa : Mitch: long or short?
I’m looking for a short unless it break
thru
[08:58 am] rusty : FOSL: The feeling is
mutual Mitch
[09:00 am] apple : FOSL bouncing in a
channel today between 92 and 90
[09:00 am] joeytsa : that last bounce off 90
was nice
[09:01 am] doji : APKT for S in 2min
chart
[09:01 am] doji : although not volume
[09:01 am] rusty : Berlusconi Won’t Resign
[09:02 am] doji : and support at 37.85
[09:04 am] joeytsa : SYNA decent drop
[09:09 am] joeytsa : anyone catch BWA $ $
[09:10 am] richard : watching CRZO
[09:11 am] mikewd2 -: ANF recovering
nicely
[09:13 am] rusty : INHX bounce
[09:15 am] gumroadboy : I took SHAW long at
24.00
[09:15 am] mikewd2 -: Inhibitex price target
raised to $17 from $5.50 at Noble
Financial
[09:15 am] mikewd2 -: Inhibitex price target
raised to $12 from $6 at Brean Murray
[09:15 am] rusty : are those new Mike?
[09:15 am] fader : nice bounce in BWA
[09:15 am] mikewd2 -: actually yesterday,
just noticed
[09:16 am] mikewd2 -: from flyonthewall[09:17
am] mikewd2 -: Gold over $1800
[09:17 am] joeytsa : Oil hovering around
$96
[09:19 am] joeytsa : VRUS moving up
[09:20 am] joeytsa : some res right here
though
[09:20 am] doji : INHX moving up, anyone
adding to their positions here?
[09:21 am] truck : GDX
[09:22 am] rusty : VIX lod[09:22 am] shark
: PCLN up $30+
[09:22 am] rusty : VIX down and market
down…..hmmmm[09:22 am] mh : short crzo at
28.7
[09:23 am] lightning : rusty, the S&P
and NASDAQ are up though.
[09:23 am] joeytsa : truck: GDX interesting,
triple bottom at 62.60, triple top at
63.30
[09:24 am] shark : triple top too
[09:24 am] doji : APKT S 38.46
[09:24 am] doji : stop above previous
high
[09:24 am] rusty : right lightning, but
marginally
[09:25 am] rusty : now red
[09:25 am] lightning : and now they are
down, lol[09:25 am] rusty : x
[09:25 am] rusty : vix should be up and it
down
[09:25 am] mh : out crzo 28.52
[09:26 am] shark : FOSL continues uptrend
[09:26 am] Brent : nice call on FOSL joey
[09:26 am] joeytsa : 🙂 thanks..just had to
wait to see which way the wind blew
[09:27 am] joeytsa : i’ll take 75cents all
day long
[09:30 am] joeytsa : FOSL still has a long
way to go to close gap, i don’t think it does
but you never know
[09:31 am] shark : Looking at PCLN weekly’s
-they stop 1 strike OTM
[09:31 am] joeytsa : AGQ hod[09:31 am]
joeytsa : interesting
[09:31 am] joeytsa : interesting on PCLN
weekly’s i mean
[09:32 am] shark : I used to call broker and
have them start new strikes from time to
time
[09:33 am] joeytsa : i see 545, 550 calls
[09:33 am] shark : PCLN 550 weekly low .30
high 5.30
[09:33 am] joeytsa : puts down to 515
[09:34 am] shark : GMCR? weekly? on a
possible move either way?
[09:34 am] joeytsa : last trade on 550c was
5.2 on schwab[09:35 am] shark : no profit
taking yet
[09:35 am] shark : up $32 new hod-PCLN
[09:36 am] joeytsa : re GMCR: decent
premiums esp if you like cc’s…i just don’t
have faith in GMCR 🙂
[09:36 am] shark : .30/contract or so for
way OTM
[09:37 am] doji : When did you open your
position in PCLN Shark?
[09:37 am] shark : a lot of these $20
overnight movers paying off big on way OTM
contracts
[09:37 am] shark : no position in PCLN doji
– using it to learn from
[09:38 am] joeytsa : be nice to get these
premiums with a “sane” market
[09:38 am] shark : BIDU last week weekly’s
paid out 15-1
[09:39 am] rusty : Penn State’s Paterno
cancels briefing amid scandal
[09:39 am] joeytsa : I would take $3-4
premiums for a 4 day hold every week 🙂
[09:39 am] joeytsa : my guess is Paterno is
going to retire due to “health concerns” or
“family obligations”
[09:41 am] rusty : SBSA radar
[09:41 am] rusty : high relative volume
[09:41 am] candelas : sadly the allegation
was reported directly to him
[09:41 am] joeytsa : yeah..doesn’t look good
there
[09:42 am] pow : INHX reversing
[09:43 am] bopp : INHX Short?
[09:44 am] joeytsa : tighten FOSL stop if
you are short
[09:45 am] joeytsa : 50cents more..now i can
take the bus
[09:45 am] lightning : APKT is just
consolidating in a small range. I’m keeping
my eye on it
[09:46 am] Mitch : good instinct on FOSL
horseman
[09:46 am] mh : watching sina for short
[09:46 am] doji : I am short in APKT with
tight stop
[09:46 am] joeytsa : just take what they
give me
[09:47 am] shark : GMCR breaking
[09:48 am] doji : SPY broke trendline
support
[09:49 am] doji : Closing APKT here for $10
profit lol[09:57 am] joeytsa : shark: nice
call on GMCR, didn’t play it though
[09:59 am] richard : watching AMLN
[10:02 am] truck : GMCR did a .50
reversal
[10:04 am] go4it : MCD long
[10:12 am] candelas : hca was a good short
after all, did not take though
[10:17 am] shark : PCLN profit taking
[10:19 am] joeytsa : not only that but the
540 level looks to be some resistance
[10:19 am] shark : oh yeah! -volume strong,
if it doesn’t break thru – could fail
/pullback here
[10:20 am] mikewd2 -: I thought we were
looking at APKT for a swing trade short?
[10:20 am] joeytsa : nice big drop to the
440 support level 🙂
[10:20 am] shark : wanted to do an upside
bearish call spread, not enough strikes on
the weekly
[10:20 am] shark : PCLN
[10:26 am] doji : DMND
[10:27 am] mikewd2 -: Mitch, should we be in
an APKT swing short, or did i read your post
wrong earlier?
[10:30 am] mikewd2 -: anyone else short on
APKT for swing short?
[10:30 am] truck : Mitch,,,,the long swing
on AMED…It is up 2%,,,stay the course, or
take some off ?
[10:31 am] mikewd2 -: truck, they must all be
at break.
[10:31 am] lightning : I went long APKT at
the break of consolidation, but it is just a
scalp trade
[10:31 am] truck : thanks Mike
[10:33 am] bopp : Mitch, do you still feel
that DMND is a long hold in light of the
class action?
[10:34 am] lightning : taking 1/2 off APKT
long here
[10:34 am] Brent : nice trade lightning
[10:35 am] mikewd2 -: Brent, is APKT a short
swing play?
[10:35 am] mikewd2 -: or did i read Mitch’s
post wrong.
[10:35 am] mikewd2 -: want to close if i
should not be in it
[10:36 am] Brent : I don’t think so Mike
[10:36 am] Brent : It’s not on DSR
[10:36 am] khall : I thought he said it was
a short swing as well
[10:36 am] mikewd2 -: look at 8:10 post from
Mitch on APKT
[10:36 am] lightning : NFLX streaming
down
[10:37 am] doji : Mitch said APKT gave early
sell signal in the daily. I asked if we
should wait until the low stochastics move
above 80 but got no answer
[10:37 am] mikewd2 -: Man, I get burned on
this swing trades every time.
[10:38 am] Kris : you get out of that APKT
short doji?
[10:38 am] doji : Yes, I closed with $10
profit… I posted it earlier
[10:38 am] shark : NFLX drop
[10:38 am] Kris : good
[10:38 am] Kris : just making sure
[10:38 am] mikewd2 -: ok so Kris, I should
close APKT swing short?
[10:39 am] Kris : consolidation is most
usually a continuation move
[10:39 am] doji : Yes, I followed your
advise Kris, thanks
[10:39 am] mikewd2 -: bad idea.
[10:39 am] shark : NFLX -shorts grabbed
some
[10:39 am] doji : Great lesson Kris
[10:39 am] doji : so consolidation should
follow the trend
[10:39 am] Kris : you have to have a
different mindset between day trading and
swing trading
[10:39 am] mikewd2 -: i understand that, so
is APKT a swing trade short?
[10:40 am] Kris : the chart isn’t setting up
well for a short swing though, it’s making
higher lows and keeps testing that 39.75
high
[10:40 am] mikewd2 -: ok, I’m out
[10:40 am] Kris : I would see where it is at
just before the close but the reversal should
have started by now imho[10:40 am] mikewd2 -:
thanks Kris
[10:41 am] fader : GTIV moving
[10:41 am] truck : AMED ,making new high
[10:41 am] mikewd2 -: maybe I’ll make it back
on the DMND long swing
[10:44 am] rusty : FOSL radar
[10:46 am] rusty : Analyst defending AMRN
[10:46 am] rusty : maintains $18 target
[10:49 am] Kris : Italy’s Berlusconi will
resign
[10:49 am] truck : OK,,,,what is going on
?
[10:49 am] rusty : BERLUSCONI TO RESIGN
AFTER 2012 BUDGET VOTE
[10:50 am] truck : out last little piece
TNA,,,
[10:50 am] doji : Wow, thanks Rusty
[10:51 am] truck : nice Kris !! Thanks
[10:51 am] lightning : out another 1/4 APKT
long.
[10:51 am] doji : so all the stars in EU are
being aligned for a recovery?
[10:57 am] richard : watching SMG
[10:58 am] lightning : out the rest of APKT
long here.
[10:58 am] taco : nice lightning
[11:04 am] truck : AMED ,,just keeps making
new highs
[11:06 am] truck : out 3/4 AMED
[11:09 am] doji : When did you post AMED
Truck?
[11:11 am] truck : Mitch had it as a swing
on this morning’s report…..
[11:12 am] truck : I bought just after the
open for a swing,,,,but am out 3/4 because up
5%.
[11:19 am] doji : Is it going to be recorded
Brent? it will be around 6:00PM here in Rio
and have to drive back home
[11:20 am] Brent : I’m sure he will record
it
[11:22 am] doji : Mortgage Insurer Stocks
(RDN, MTG) have been in move for the last
weeks… with the issues in EU I have been
reluctant to take them as swing longs
[11:22 am] doji : and obviously missed the
profits…
[11:31 am] apple : I guess K won the battle
with TNA
[11:31 am] apple : thx for FOSL joey
[11:49 am] pandozzi : there’s way too much
going on for 2 screens i think i need 4 or
5
[11:50 am] joeytsa : gold industry
falling
[11:50 am] apple : I use 4, 5 would be
better
[11:56 am] candelas : Joe getting bid
[12:03 pm] shark : PCLN up $37
[12:03 pm] shark : sold some puts 1/2 hour
ago weekly
[12:10 pm] candelas : missed ILMN, thought
could get 1%, but it’s over now
[12:10 pm] rusty : KV.A cheap stock alert
[12:10 pm] rusty : double off of lows
today
[12:11 pm] candelas : someone woke that one
up Rusty
[12:13 pm] rusty : KV.A has news
[12:14 pm] joeytsa : BSFT running a bit
[12:15 pm] fader : BSFT squeezing
[12:15 pm] joeytsa : sounds great Mitch
[12:18 pm] Brent : yes
[12:28 pm] rusty : Berlusconi Posts His
Resignation On Facebook
[12:30 pm] qwert : whoever posted bsft
thanks
[12:32 pm] joeytsa : PCLN still rockin[12:32
pm] apple : shew[12:32 pm] apple : nice
chart
[12:33 pm] lightning : on ANF, there were a
series of head fakes before the short
actually worked, I think.
[12:33 pm] taco : that’d be great Kris if
you do
[12:37 pm] taco : good call on BSFT too
thank you
[12:37 pm] shark : PCLN up +40
[12:37 pm] lightning : HMSY moving up — too
late in the day for me to be interested
[12:37 pm] victor51 : Thanks Mitch. Please
do it more which helps me build my
confidence
[12:38 pm] stryker : As a newbie I’m nervous
to take a reverse trade immediately quit long
and take short
[12:38 pm] rusty : that’s never an easy
trade
[12:40 pm] apple : PCLN is still
going….
[12:41 pm] truck : Mitch,,,,look at
AMeD[12:41 pm] rusty : PCLN is way above the
upper bollinger band…not very common for
PCLN
[12:42 pm] bopp : Are you willing to comment
on DMND in light of the class action?
[12:42 pm] apple : trying to catch up to
GOOG
[12:43 pm] shark : keep an eye on the
price/volume action bopp[12:43 pm] truck :
Apple,,,are you still in PCLN ?
[12:44 pm] apple : not in it, truck – just
amazing to see it
[12:44 pm] shark : going back to re-test
recent low at 38.45
[12:52 pm] rusty : MFB ALERT
[12:52 pm] rusty : MFB ALERT
[12:56 pm] rusty : No news on MFB
[12:56 pm] rusty : earnings tomorrow
[12:56 pm] mhaus : WTW
[12:59 pm] rusty : LOOP radar
[01:00 pm] shark : PCLN up $44
[01:00 pm] apple : M
[01:00 pm] Mitch : you get any of that PCLN
Shark?
[01:00 pm] shark : sold some $515 puts
-weekly’s
[01:01 pm] mhaus : PCLN – too expensive for
me
[01:01 pm] shark : 45% return
[01:01 pm] lisas : thanks Kris, Brent, Mitch
and all
[01:02 pm] rusty : WTW wow
[01:02 pm] rusty : earnings out
[01:02 pm] mhaus : FOSL
[01:03 pm] rusty : WTW earnings
[01:08 pm] mhaus : ATVI
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