[06:23 am] Brent : good morning
[06:23 am] Kris : good morning traders
[06:23 am] Kris : Today I’m watching the long
side in AHT, ALR, CBG, DKS, ARUN and VIT
[06:24 am] Kris : also watching DDR, DLLR,
CHS, MITK, IOC and SPLS on the short side.
[06:25 am] Kris : I’ll be looking for a
retest of 124 support in the SPY
[06:31 am] Kris : FSLR long half
[06:32 am] Kris : CTRP short
[06:32 am] Kris : HSP short half
[06:33 am] Kris : TSO short half
[06:34 am] Kris : WNR short half
[06:34 am] Mitch K: watching for bottom to
buy in LVS
[06:35 am] Kris : MTOR short half
[06:38 am] Mitch K: monitoring QCOR for top
to short
[06:38 am] Mitch K: watching for top for
potential short in GMCR
[06:38 am] Mitch K: watching for top in IOC
for possible short
[06:39 am] Mitch K: watching FNSR for
short
[06:40 am] Mitch K: watching TTWO for
short
[06:40 am] Mitch K: watching WWD for 2nd
helping short
[06:42 am] Kris : TSO short second half
[06:42 am] Kris : WNR short second half
[06:42 am] Mitch K: looking for short in
INHX
[06:43 am] Brent : watching CLF for a
short
[06:43 am] Mitch K: reminder to wait for a
potential short to stop moving up and turning
over before entering
[06:43 am] Mitch K: watching LRN for bottom
to buy
[06:44 am] Kris : out half CTRP short
[06:44 am] Mitch K: GMCR turning over
[06:45 am] Kris : out half FSLR long
[06:46 am] Mitch K: IOC toppy for short,
still money on short side
[06:46 am] Mitch K: watching IDCC for
short
[06:47 am] Mitch K: watching SREV for short
on top of bounce
[06:49 am] Mitch K: watching MCP for short
[06:52 am] Mitch K: watching UPL for top to
short
[06:53 am] Mitch K: QCOR turning over
[06:55 am] Mitch K: VRUS toppy, watching for
short
[07:02 am] Mitch K: consider covering MCP
[07:02 am] Mitch K: indexes turning down,
will help shorts
[07:06 am] Kris : out half WNR short
[07:07 am] Kris : out half MTOR short
[07:07 am] Mitch K: consider covering FNSR
soon
[07:08 am] Mitch K: consider covering MCP
short
[07:08 am] Mitch K: consider covering TTWO
[07:08 am] Mitch K: consider covering VRUS
[07:09 am] Mitch K: IOC short, losing
patience, consider covering short
[07:09 am] Mitch K: watching QCOR for 2nd
helping short on top of this bounce, looking
for 43.83+
[07:10 am] Mitch K: GMCR short got support
43.80, needs to break below to get
interesting
[07:10 am] Mitch K: SREV turning over,
finally
[07:12 am] Brent : SPY coming into trendline
support
[07:12 am] Mitch K: FNSR new low
[07:12 am] Mitch K: lost interest in INHX
short scalp but still dropping, hard to watch
paint dry
[07:12 am] Mitch K: SREV short breaking
down
[07:13 am] Mitch K: UPL new low, could
approach 35 area
[07:15 am] Mitch K: note SPY (SP 500 index
etf) should bounce here, bring up longs
[07:15 am] Mitch K: starting to watch FCX for
bounce
[07:16 am] Kris : SPY coming into trendline
support
[07:20 am] Kris : watching QLIK for a long
[07:20 am] Kris : watching ZAGG for a long
reversal
[07:20 am] Mitch K: DMND turning over for
short
[07:24 am] Mitch K: not looking for much more
on DMND short scalp, try for 35.92 area
[07:26 am] Mitch K: monitoring FNSR for 2nd
helping short; may take a while but looking
for 19.45 area to short,
[07:27 am] Mitch K: projector not working,
not reliable, use your own charts
[07:27 am] Mitch K: SPY turning up, TNA
moving up
[07:30 am] Mitch K: COO alert
[07:30 am] Mitch K: watching COO, for
bottom
[07:34 am] Mitch K: DMND another top
[07:34 am] Mitch K: FNSR tail sliding,
dropping
[07:38 am] Kris : passing on ZAGG long, weak
bounce not good here.
[07:39 am] Mitch K: you guys get COO long?
turning over now
[07:40 am] Kris : looking like we may get a
lower high in the SPY here, watch for a
retest of the lod.
[07:46 am] Mitch K: consider covering latest
DMND short
[07:48 am] Mitch K: watching SREV for another
short scalp
[08:16 am] Mitch K: if anyone short DMND
consider covering, been a good dumper
[08:16 am] Mitch K: watching COO for bounce
again, looks weak so far
[08:19 am] Mitch K: watching for bounce in
RIG, weak at the moment with dropping
indexes
[08:20 am] Brent : SPY testing lod[08:22 am]
Mitch K: monitoring VAR
[08:26 am] Brent : MMR alert
[08:26 am] Mitch K: and indexes should bounce
a little
[08:26 am] Mitch K: looking for bounce in
RIG
[08:32 am] Mitch K: bounce fizzled
[08:44 am] Kris : It’s looking like we may
have at least one more leg down in the
markets
[09:06 am] Mitch K: although I didn’t see MMR
as a buyout rumor, it certainly acted like
one as far as trading.
[09:11 am] Mitch K: not really worth a short
on RIG, only 25-30 cents
[09:11 am] Mitch K: RIG top
[09:31 am] Mitch K: watching APKT for top
here soon
[09:31 am] Mitch K: watching COO for
bounce
[09:33 am] Kris : SPY pushing hod[09:39 am]
Mitch K: COO turning over after weak bounce,
lower lows 3 min ago
[09:47 am] Mitch K: buy on dip with GMCR
[10:29 am] Mitch K: anyone trading the
GMCR
[10:42 am] Mitch K: if you are unsure of a
trend in a stock like COO, increase your
interval on the chart, like the chart on the
left is a 4 min chart
[11:09 am] Mitch K: watching RIG
[11:12 am] Mitch K: did anyone get that RIG
long
[11:13 am] Mitch K: could hit 48 but too late
to buy
[11:15 am] Mitch K: ok, when I post
something, you bring it up right away, ok?
Then you get 2 charts up, 1, 2 or whatever
you are used to. Then it was too high for my
taste at 47.48 area so I waited to see if
lower prices were possible and it spiked
under 47.20 for a moment. you try to throw
in one of your orders, maybe 1 of 3 or 1 of 2
orders you plan and then work that order on a
limit price as best you can yet at the same
time trying to fill something reasonable in
case it spikes up without you filling
anything. write this down for future
reference
[11:16 am] Mitch K: all indicators are
pointing up, i would think you should be
ready to sell part of RIG now
[11:16 am] Mitch K: ok doji, full sale of
long of RIG fine here
[11:16 am] Mitch K: or soon
[11:16 am] Mitch K: try around this 48 area
to sell half
[11:17 am] Mitch K: it could pop up another
15 cents but don’t go chasing it long again
now
[11:17 am] Mitch K: stay away from the
mentality of “getting it all” because pigs
get slaughtered
[11:18 am] Mitch K: ok, hasn’t gone down
enough, CVX
[11:18 am] Mitch K: watch CVX
[11:18 am] Mitch K: you guys can all thank
mike, one of our staff scanners
[11:19 am] Mitch K: don’t jump in CVX long
yet,
[11:21 am] Mitch K: 2nd: was comfortable
shorting one of the largest oil companies in
the world
[11:21 am] Mitch K: so here is what i thought
when i saw CVX, i saw it only drop about
$1.10 and i said, nope, it hasn’t dropped
enough, stay away from long.
[11:22 am] Mitch K: correction: was not
comfortable
[11:25 am] Mitch K: hey guys, i won’t be in
the room tomorrow, maybe first 30 minutes
tomorrow. will be back on Thursday
morning.
[11:26 am] Mitch K: RIG alert, watch for
another RIG bounce. there must be some oil
news
[11:33 am] Mitch K: come on, what do you guys
want, a personal invitation, embossed with
gold lettering on a silver platter?
[11:33 am] Mitch K: yes, ryan, sell soon
[11:33 am] Mitch K: you guys get that last
RIG bounce?
[11:37 am] Mitch K: it’s too late to do this
but you see the RIG chart here? had lower
low, good shorting stock, much more profit on
the short side than the bounces. but very
good trading both ways on this one
[11:37 am] Mitch K: not suggesting any trade
on CLH
[11:37 am] Mitch K: watching CLH, CLean
Harbor, they clean oil spills
[11:38 am] Mitch K: forget CLH
[11:54 am] Brent : SPY approaching hod[12:06
pm] Mitch K: going to be a short on RIG
here
[12:06 pm] Mitch K: so much for forgetting
CLH
[12:06 pm] Mitch K: try 48. 45 area
[12:07 pm] Mitch K: should get 50 cents or so
on the short, at least 35 cents
[12:10 pm] Mitch K: and tail slide
[12:10 pm] Mitch K: RIG is stronger than i
thought it should be, it should look like the
DVX chart
[12:31 pm] Brent : FMCN still moving up
[12:32 pm] Brent : FMCN getting close to
resistance around 27.20 area
|
[06:14 am] joeytsa : Italy rates over 7%
again
[06:17 am] joeytsa : Spain yields at 5% up
from 3.6 in sept[06:17 am] mikewd2 -: FIO
states they are growing faster than AAPL
[06:19 am] joeytsa : gap ups: DKS,APPL,
couple small ones like NLST,CAST but i won’t
play them
[06:20 am] doji : VNET is also up
[06:20 am] truck : RVBD,,,,HD,,,,big gaps
up
[06:21 am] joeytsa : gap down:
IOC,URBN,SPLS,WMT…not sure about them
[06:21 am] joeytsa : RVBD gap up on
upgrade
[06:22 am] mikewd2 -: talks about FSLR buyout
at these levels
[06:22 am] joeytsa : should at least give it
some action mike
[06:31 am] mhaus : WWD
[06:31 am] joeytsa : out DKS quick
[06:32 am] joeytsa : APC falling
[06:36 am] joeytsa : out IOC
[06:36 am] joeytsa : LNKD might look for a
bottom
[06:37 am] Mitch K: thx joey
[06:37 am] mikewd2 -: GMCR
[06:38 am] joeytsa : NFLX closed gap
[06:39 am] joeytsa : closed IOC wayyyy too
early
[06:39 am] joeytsa : nice move on NFLX…gap
close and straight down
[06:40 am] joeytsa : FMCN acting strong
[06:40 am] joeytsa : pulled back to support
and then back up..will try to remember to
watch
[06:42 am] candelas : LRN
[06:42 am] anthonyb : RWT
[06:42 am] joeytsa : CLF running
[06:42 am] doji : QCOR S 43.62
[06:43 am] Mitch K: good one candles
[06:44 am] doji : CLF S 71.53
[06:45 am] mikewd2 -: a little early
doji[06:45 am] mikewd2 -: maybe
[06:45 am] doji : Only 1/2 position Mike
[06:46 am] joeytsa : CLF might be toppy, see
if it holds support though
[06:46 am] candelas : BUSINESS Inventories @
10am est[06:47 am] joeytsa : out CLF long,
waiting for a short?
[06:48 am] joeytsa : BIDU hod[06:49 am]
joeytsa : CLF turning over
[06:50 am] joeytsa : has some support around
71.50
[06:51 am] mikewd2 -: another head fake on
CLF?
[06:51 am] joeytsa : apple: at least i got
some more on IOC this time 🙂
[06:52 am] joeytsa : mike: that support is
holding right now, and CLF has been strong
[06:53 am] derns : anyone watching GMCR for
a short soon?
[06:53 am] joeytsa : FIO strong
[06:54 am] joeytsa : apple: IOC had 2 huge
moves the last half hour yesterday, down 5
then up 4
[06:59 am] joeytsa : neg div on CLF
[07:00 am] joeytsa : FMCN having troubles
breaking thru 25.50 area..just watching
[07:01 am] mikewd2 -: SINA
[07:02 am] joeytsa : both the ES and YM
hooking down but indis are at bottom
[07:02 am] doji : QCOR moving down nicely
[07:02 am] joeytsa : AMZN lod[07:03 am]
joeytsa : nice call on QCOR
[07:03 am] doji : Yes, thanks for QCOR
Mitch
[07:04 am] truck : CTRP ,,,still dropping
[07:04 am] apple : AMZN still dropping
[07:05 am] joeytsa : trail your stop on CLF
if you are in
[07:05 am] apple : nice call on CTRP, K,
thx
[07:06 am] doji : out 1/2 QCOR S
[07:07 am] apple : thx for QCOR, MK
[07:07 am] joeytsa : stop hit on CLF..bucket
drop
[07:08 am] joeytsa : IOC trying for
hod[07:11 am] doji : Here it comes GMCR
[07:12 am] doji : FNSR
[07:14 am] joeytsa : FOSL looks weak
[07:14 am] joeytsa : but has some support
here
[07:15 am] joeytsa : lots of charts look
like APC so far
[07:15 am] doji : FSLR
[07:17 am] doji : DMND
[07:17 am] candelas : dmnd is looking to put
in bottom short term on daily
[07:17 am] candelas : depends on close
[07:17 am] joeytsa : IOC doesn’t want to
give anything back..nice gap close
[07:18 am] candelas : selling 1/2 LRN
29.26
[07:18 am] joeytsa : NRGY is a pig today
[07:18 am] candelas : stop last 1/2@ break
even 29.01
[07:20 am] doji : FSLR
[07:23 am] candelas : actually sell was @
29.37
[07:23 am] taco : great action today
[07:24 am] doji : SPY approaching lod[07:24
am] doji : ZAGG falling
[07:27 am] apple : IOC moving again
[07:27 am] doji : Aggghh have to attend a
meeting, shorts on QCOR, MCP and FSLR were
all great!… Only two trades today
[07:27 am] candelas : selling 1/4 of
[email protected]
[07:27 am] go4it : Kris you out HSP and
TSO?
[07:28 am] candelas : holding last 1/4 stop
@29.01 be
[07:28 am] joeytsa : out IOC…strong
today
[07:28 am] apple : DMND hod[07:30 am]
candelas : COO selling
[07:30 am] joeytsa : COO weak
[07:31 am] apple : GMCR hod[07:31 am] rusty
: CREE radar
[07:33 am] joeytsa : COO failed at prev cl,
broke below S1, failed to break above, fell
to S2, weak bounce and broke thru S2
[07:33 am] joeytsa : CLf hod also
[07:33 am] candelas : selling 1/2 COO
62.71
[07:33 am] anthonyb : BGS
[07:33 am] joeytsa : nice candelas
[07:33 am] candelas : stop last 1/2 b/e
62.13
[07:34 am] candelas : moving stop last 1/4
LRN 29.41
[07:35 am] mikewd2 -: glad you’re making
money Ed, lost a bunch on the short side
[07:35 am] mikewd2 -: on LRN
[07:35 am] candelas : just take break
refocus
[07:36 am] mikewd2 -: 3 wins since, trying to
get back to even – story of my life.
lol[07:37 am] rusty : WWD radar
[07:37 am] candelas : make sure not to focus
on how much ur down it will distort ur
trading
[07:38 am] mikewd2 -: thanks Ed, your
right
[07:38 am] apple : mike – that is NOT the
story of your life – you are a successful
trader and take it as it comes – go take a
break like candelas said and come back
refocused…
[07:38 am] mikewd2 -: stopped on CREE
short
[07:39 am] Mitch K: seems like better action
today
[07:39 am] apple : yes, MK
[07:39 am] candelas : yes still have 1/2
[07:40 am] taco : yes
[07:41 am] candelas : out all LRN plus
1.65%
[07:41 am] apple : good job, candelas
[07:41 am] mikewd2 -: Ed, sorry i was long on
first call – not short.
[07:42 am] mikewd2 -: need to always go in on
second bounce.
[07:42 am] apple : joey, did you get IOC
short?
[07:43 am] candelas : i had good entry, once
it felt weak I exited and waited for retest
of low or break. So i was on sidelines to get
clear picture for reentry
[07:43 am] taco : IDCC running up
[07:44 am] apple : CREE hod[07:53 am] rusty
: KV.A radar
[07:54 am] joeytsa : apple : no i missed
IOC, quick breakfast
[07:55 am] rusty : LNKD lod[07:56 am]
joeytsa : FMCN finally broke thru res
[07:58 am] joeytsa : bus inventories came in
flat at 0.0%
[08:02 am] rusty : NATR radar
[08:03 am] rusty : kinda thin
[08:10 am] monster : rig
[08:11 am] joeytsa : COO lod[08:13 am]
ronfrac : Mitch: I’m short 47.84. What’s
your thoughts on this stock? IDCC @
[08:15 am] ryan70 : FNSR going up high
[08:15 am] ryan70 : Is it shortable?
[08:16 am] anthonyb : take care everyone.
see you tomorrow
[08:16 am] Brent : see you anthonyb[08:16 am]
joeytsa : not sure how much profit is in
FNSR ryan[08:16 am] richard : fudging the
books questions DMND
[08:17 am] Brent : not enough potential on
FNSR in my opinion ryan[08:17 am] joeytsa :
only about 10cent between s/r
[08:17 am] Mitch K: i don’t care for IDCC
short ron, looks like setting up for
bounce
[08:18 am] joeytsa : BIDU busted thru triple
top/res
[08:18 am] joeytsa : at hod also
[08:18 am] ronfrac : Thanks Mitch.I agree
with you.I covered at small profit.
[08:19 am] mikewd2 -: funny how they go from
a good long swing to a dumper
[08:19 am] monster : mmr[08:23 am] ryan70 :
Mitch, VAR too strong to short or go long?
[08:30 am] joeytsa : CLF nice bounce off
support right back to res..worth 30cents
[08:34 am] joeytsa : CLF short looking
nice
[08:39 am] ryan70 : VAR very very strong
[08:41 am] mhaus : DKS
[08:44 am] joeytsa : CLF might be setting up
another short..on watch
[08:44 am] joeytsa : agreed Kris, indis
turning down at top of darvis[08:47 am]
joeytsa : AMZN lod[08:48 am] joeytsa :
quick Esignal question: is there a limit to
how many charts you can have up at 1 time?
[08:50 am] candelas : don’t think so I have
20 up right now and it still lets me put up
more
[08:50 am] derns : Joey…can you move
individual charts onto other screens?
[08:50 am] joeytsa : so you are basically
limited to amount of screen area
[08:50 am] hobart : Joeytsa, I have
LiveCharts thru Esignal and I have 10 charts
up right now
[08:50 am] candelas : seems so
[08:51 am] derns : I have 9 charts up…on
one screen
[08:51 am] joeytsa : real cool…hoping to
be streamlined by beginning of 2012
[08:51 am] mhaus : QIHU
[08:51 am] rusty : qiHU[08:51 am] rusty :
radar
[08:51 am] joeytsa : thanks for the
responses
[08:52 am] rusty :
http://www.citronresearch.com/index.php/2011/
11/15/citron-stands-corrected-is-qihu-more-li
ke-ccme/
[08:59 am] rusty : RIMM hod[09:00 am]
scalpman : What happened??? Buyers
exploded.
[09:01 am] joeytsa : cmon rusty what’s the
breaking news 🙂
[09:01 am] akram : rovi[09:04 am] rusty :
WikiLeaks founder Julian Assange files
application to take extradition case to
Supreme Court
[09:04 am] Brent : thx Rusty
[09:05 am] stevemld : GMCR strong today
[09:06 am] joeytsa : same with AAPL
[09:07 am] rusty : thinking out loud might
be worth selling some puts on DMND
[09:08 am] rusty : DEC 35 3.60
[09:08 am] Mitch K: probably got some big
premium values on those puts rusty,
[09:08 am] joeytsa : too bad they don’t have
weeklys[09:08 am] rusty : would reduce basis
to 32ish
[09:08 am] Mitch K: no indicators pointing up
on DMND daily though
[09:09 am] rusty : 18 rsi[09:09 am] rusty :
getting tempting
[09:09 am] joeytsa : 8 on stoch, 4.6 on
macd[09:09 am] richard : thanks
scalpman[09:11 am] joeytsa : rusty: nov 35’s
@ 70cents…probably not worth it, but expire
in 3 days
[09:12 am] Mitch K: no premium in it
rusty,
[09:12 am] Mitch K: actually 25 cents in the
hole if DMND is 35.90
[09:12 am] rusty : not sure I understand
[09:12 am] rusty : which option are you
looking at?
[09:13 am] hobart : COO
[09:13 am] joeytsa : COO rocks today
[09:13 am] Mitch K: the one you posted at 70
cents, expires in 3 days Nov 35,. DMND is
35.90, you get 70 cents for a stock is 85
cents above the strike price
[09:13 am] rusty : How about the DEC 35 on
DMND?
[09:13 am] Mitch K: not good trade
[09:13 am] joe12 : coo volume
[09:14 am] Mitch K: i haven’t looked at DEC
but won’t be priced well either if NOV
isn’t
[09:14 am] rusty : DEC 35 PUT 3.6
[09:14 am] joeytsa : that was me mitch on
the nov 35’s
[09:14 am] joeytsa : was just pointing it
out to rusty…
[09:14 am] joeytsa : only way i would take
that would be on exp day
[09:14 am] Mitch K: oh sorry
[09:14 am] Mitch K: but you would still lose
joey
[09:15 am] Mitch K: you would lose 20 cents
as seller on that contract
[09:15 am] joeytsa : i must be forgetting
something
[09:17 am] Mitch K: on the DEC 35, expires on
the 16th, $3.60, that’s pretty good deal
Rusty except indicators are just barely
turning and that’s a little wishful thinking
on those lines. My strategy would be to ease
into that one in increments. The good thing
about the DMND trade is it was over $95 in
September and now 36 area
[09:18 am] Mitch K: so the drop of 62% really
starts stacking odds in your favor, what is
their story causing the drop?
[09:18 am] Mitch K: was a buyout that fell
through right?
[09:18 am] candelas : selling 1/2 of COO
58.69 rest stop @be 57.89
[09:18 am] joeytsa : can’t remember
[09:19 am] rusty : Pringles acquisition and
accounting problems
[09:19 am] Brent : yes, I think that’s right
on DMND
[09:19 am] mh : possible cooked books
[09:20 am] trvlntrdr : I would think rusty
would make money if he sold the NOV puts,
unless the stock fell to 34.30 in the next 3
days
[09:21 am] candelas : stopped last 1/2 of
COO @be
[09:21 am] rusty : DMND revenues have
increased steadily every year and they took a
big jump in 2011
[09:22 am] go4it : Mitch are you still
recommending DMND as a swing trade?
[09:22 am] go4it : long
[09:22 am] trvlntrdr : I guess Mitch thinks
it is too risky that would happen, DMND drop
by $1.50?
[09:23 am] derns : GMCR…approaching
hod[09:24 am] rusty :
http://www.nasdaq.com/symbol/dmnd/short-inter
est
[09:24 am] rusty : I’m liking the short
interest – more short at the low than at the
high
[09:25 am] joeytsa : COO is
uuuhhhhgggllllyyy[09:25 am] derns :
Rusty…can you explain your comment on short
interest re: DMND?
[09:26 am] rusty : anyway food for thot on
DMND
[09:26 am] qwert : coo recalling tires
[09:26 am] joeytsa : no pun intended
[09:27 am] richard : COO filled .30 below
stop
[09:27 am] rusty : when everyone is short at
the low, and not at the high… it makes me
think as a contrarian especially when
something is oversold and has some value
[09:27 am] rusty : that being said
accounting irregularities are involved here
so have to be a little careful
[09:27 am] derns : Rusty…got it..I thot
that’s what you were suggesting, just wanted
to make certain…DMND continues to drop
[09:27 am] rusty : but DMND is not a
fraud….you see their products all over
[09:28 am] rusty : so worth thinking
about
[09:28 am] derns : Good points on accounting
a products…I was a CPA so the accounting
thing always catches my interest
[09:28 am] doji : Not good news for COO
[09:29 am] ryan70 : DMND dropping
[09:29 am] rusty : 70% of DMND’s float is
short…. someone is going to get this
wrong
[09:29 am] rusty : unless it’s a total
fraud
[09:30 am] ryan70 : Long on DMND bounce?
[09:31 am] rusty : maybe ok for a daytrade,
but I’m talking more of a swingtrade[09:33
am] doji : GMCR is a runner today!
[09:33 am] candelas : out all coo short,
what a ride
[09:33 am] rusty :
http://seekingalpha.com/article/307105-diamon
d-foods-oversold-value?source=yahoo DMND
summary
[09:35 am] doji : MCP
[09:36 am] rusty : PSU Live Video
http://www.msnbc.msn.com/id/21134540/vp/45306
744#45306744
[09:37 am] eyes : MMR
[09:37 am] doji : COO resume downtrend
[09:38 am] eyes : Kris look like a good 3
min fade MMR
[09:40 am] michael : CSC up on volume
[09:46 am] ronfrac : TZA
???????????????????
[09:48 am] sonorant : I know, I’ve been
thinking about that ron[09:48 am] sonorant :
maybe not yet?? not sure
[09:49 am] apple : how’s it going,
sonorant?
[09:49 am] shawnt4 : Would now be a good
time to long GMCR
[09:50 am] sonorant : so so apple, still
trying to mostly focus on indexes this week
— though by the end of the day I may have
had enough
[09:51 am] mhaus : CSC
[09:51 am] apple : okay, just take it easy
and be good to yourself…
[09:51 am] sonorant : I’m still not over my
cold –so I am taking it slow
[10:15 am] victor51 : ny value in COO after
a big drop??
[10:20 am] rusty : Mario Monti to announce
new Italian government on Wednesday, Italian
news reports say
[10:24 am] rusty : TZOO hod[10:29 am]
stevemld : yes
[10:29 am] apple : yes GMCR L
[10:29 am] qwert : long gmcr 46.05
[10:30 am] apple : 46.14
[10:30 am] candelas : yes
[10:31 am] ryan70 : GMCR long out 4 min
ago
[10:31 am] stevemld : Wynn on nice run
approaching resistance
[10:31 am] ryan70 : Shortable now?
[10:31 am] aussie123 : GMCR yes l @
46.10
[10:34 am] richard : Thanks Mitch for COO
[10:37 am] aussie123 : GMCR lg @ 46.10 out
46.57
[10:39 am] richard : watching AL
[10:41 am] aussie123 : Indices….. starting
to look strong???
[10:55 am] victor51 : lots of trading but
only INHX and Qlik came thru
[10:57 am] ryan70 : GMCR rising
[11:09 am] joeytsa : RIG lod[11:12 am] doji
: Anyone on RIG? I took at 47.43
[11:12 am] doji : Me Mitch
[11:13 am] murano : yes
[11:13 am] candelas : yes
[11:13 am] doji : right after you posted
it
[11:13 am] apple : yes, 47.42
[11:13 am] doji : My stop is right at be,
just in case
[11:13 am] doji : be = breakeven
[11:15 am] doji : out 1/2 RIG here
[11:16 am] joeytsa : thank you mitch[11:17
am] doji : all out RIG
[11:17 am] doji : Thanks Mitch
[11:17 am] apple : right you are, MK!!!
[11:17 am] doji : $0,52 per share profit
[11:18 am] doji : Thanks Mike
[11:18 am] qwert : thanks mike
[11:19 am] doji : No yet, SPY is
reversing
[11:20 am] stevemld : WYNN trying turn
[11:20 am] doji : No in CVX yet, not
filled
[11:22 am] joeytsa : PXD falling
[11:22 am] neel : Thanks Mitch for your
insight on CVX
[11:23 am] stevemld : GMCR hod[11:24 am]
Mitch K: hey stevemld, we are still working
on real time swing trades for room, very
complicated
[11:24 am] doji : This is one of the days I
love the most for the simple reason I saw
more posts than usual from Mitch
[11:25 am] stevemld : i understand
mitch[11:25 am] mikewd2 -: RIG nearing
lod[11:26 am] candelas : there was
earlier
[11:26 am] doji : RIG eliminated from
Capital Management
[11:27 am] candelas : spill was worse than
expected something on those regards
[11:27 am] Mitch K: thx candles
[11:27 am] candelas : cvx was the headliner
[11:29 am] doji : CVX still bleeding
[11:30 am] mikewd2 -: CLNE
[11:31 am] candelas : now I recall chevron
oil spill off Brazil could be 10x bigger
than original estimates
[11:31 am] mikewd2 -: is RIG involved in that
spill?
[11:33 am] ryan70 : I’m still in RIG. Time
for exit?
[11:33 am] apple : yes, yes, yes!!!
[11:34 am] mikewd2 -: zkd[11:34 am] Mitch K:
what did you sell that for ryan? what was
profit in cents?
[11:35 am] rusty : DIS radar
[11:35 am] Mitch K: thanks rusty
[11:36 am] joeytsa : CLH with a quick
spike
[11:36 am] ryan70 : RIG 0.17 profit
[11:36 am] rusty :
http://dealbook.nytimes.com/2011/11/15/a-comp
licated-maneuver-for-control-of-yahoo/ YHOO
out little while ago
[11:37 am] stevemld : APKT refusing to turn
over
[11:37 am] joeytsa : nice chart Mitch
[11:37 am] rusty : DMND 36’s
[11:38 am] joeytsa : must be a run on clean
energy stocks
[11:38 am] joeytsa : WPRT ran up also
[11:39 am] joeytsa : if liquid natural gas
ever takes off, WPRT will be the company i
jump on
[11:41 am] eyes : CLNE
[11:41 am] stevemld : WYNN S 128.47 cover
127.73
[11:42 am] mhaus : CVX turning?
[11:43 am] eyes : Does CLNE look Good e min
fade
[11:43 am] apple : thanks MK, K, B and
everyone. Gotta run, all have a wonderful
evening. See you in the a.m.
[11:48 am] mikewd2 -: anyone in the ROVI long
swing?
[11:48 am] mikewd2 -: Mitch, is it too late
to enter a ROVI long swing?
[11:49 am] joeytsa : FFIV has quietly have a
nice day
[11:51 am] joeytsa : mike: ROVI is sitting
on a daily R1, if it busts thru there might
be some upside…
[11:52 am] joeytsa : only thing i don’t like
is that the red candles a few days back were
on decent vol, the last 3 green candles on
reducing vol[11:52 am] joeytsa : but that
could have been a flush out…who knows 🙂
[11:52 am] mikewd2 -: yeah i was worried
about the volume
[11:53 am] Brent : I think it’s chasing at
this level mike
[11:54 am] ryan70 : RIG long 2nd time
possible?
[11:55 am] mikewd2 -: in 46.90
[11:55 am] candelas : this would be a 3rd
time Ryan, typically 3rd has very little
money
[11:55 am] mikewd2 -: stop right below
lod[11:56 am] ryan70 : got it
[11:56 am] joeytsa : mike: push that stop up
into profit now 🙂
[11:57 am] mikewd2 -: took the 0.40 on 1k
shares
[11:57 am] derns : Good jump on the long
Mikewd2…I was distracted and too slow…win
one here for the gipper[11:57 am] joeytsa :
gotta work a lot of hours to make that mike
🙂
[11:57 am] mikewd2 -: got to go in a second,
still in CLF long
[11:57 am] joeytsa : good job
[11:57 am] derns : Nice job Mikewd2
[11:58 am] aussie123 : any thoughts on CVX
at current level ?
[11:59 am] mikewd2 -: cu guys tomrw[11:59 am]
Brent : take care mikewd[11:59 am] derns :
Mikewd2…that is great discipline..take the
money and run! enjoy
[12:01 pm] joeytsa : ryan : did you take RIG
long?
[12:02 pm] joeytsa : aussie: did you take
CVX long?
[12:02 pm] joeytsa : both were nice and
quick
[12:02 pm] candelas : hey Ryan sometimes it
can work as u see, but it is very important
to have rules, it allows u not to 2nd guess
urself[12:03 pm] joeytsa : agreed
candelas
[12:03 pm] rusty : FIRE radar
[12:03 pm] stevemld : WYNN hod[12:04 pm]
joeytsa : only thing that looked good on RIG
was the neg div with lower low on chart and
higher low on the macd[12:04 pm] candelas :
all out of COO long
[12:04 pm] joeytsa : if still long on RIG i
would tighten stop though
[12:04 pm] duckfan : I agree joey, good
setup
[12:04 pm] aussie123 : JOEY….lg @
103.31
[12:05 pm] joeytsa : i, like candelas would
have avoided it per my rules
[12:05 pm] joeytsa : nice aussie, tighten
the stop its at res
[12:05 pm] joeytsa : just broke thru
haha[12:06 pm] joeytsa : trail her on up
[12:06 pm] ryan70 : CVX good for short set
up?
[12:06 pm] qwert : talking cvx on cnbc[12:06
pm] joeytsa : stocks are moving together
[12:07 pm] joeytsa : oil stocks moved up and
the clean energy stocks seemed to slip
[12:08 pm] rusty : PEIX early bullshort
radar
[12:09 pm] rusty : 3rd day of high volume
[12:09 pm] Mitch K: i saw that last weekend
rusty, i have good history with PEIX last
10-12 years as bullshort[12:09 pm] aussie123
: DIG…nice move….last 15 min
[12:10 pm] ryan70 : RIG short at 48.40
[12:10 pm] candelas : overreaction on
downside
[12:10 pm] rusty : excellent, holler when
you feel it…..speculation in alt energy
getting a little heated…. see BIOF as
well
[12:11 pm] doji : RIG may be consolidating
to move up Ryan70
[12:11 pm] doji : be careful
[12:12 pm] ryan70 : RIG still up
[12:12 pm] ryan70 : Thnx Doji I’d long
RIG
[12:12 pm] joeytsa : RIG at slight res, with
higher res around 48.82
[12:13 pm] doji : Your previous post said
RIG short at 48.40
[12:15 pm] ryan70 : Sorry I mean short
Doji[12:16 pm] doji : That is ok ryan, just
trying to help
[12:16 pm] ryan70 : Target for RIG please
[12:16 pm] lisas : Joey, regard crude, nat
gas, heard MF global one of biggest energy
traders, lots of hedges caught short crude,
long nat gas. Goldman is putting the pressure
on. These traders can’t access their
accounts, may be another week or two
[12:17 pm] doji : Mitch said 35 cents profit
so at this point if you were short RIG, it
should have been closed already
[12:17 pm] ryan70 : Late it goes up again
[12:18 pm] joeytsa : thanks for that
lisa[12:18 pm] doji : DVX or CVX Mitch?
[12:18 pm] Brent : CVX Doji[12:18 pm] doji :
Thanks
[12:19 pm] ryan70 : Indicators are still
pointing down for RIG
[12:19 pm] lisas : Their gooses are cooked
so to speak and the sharks smell blood.
[12:19 pm] joeytsa : COO quietly moving
higher
[12:19 pm] joeytsa : sure seems like it
[12:19 pm] doji : Taking small long in TZA
here
[12:19 pm] doji : 28.8
[12:20 pm] doji : stop right below 28.7
[12:22 pm] ryan70 : Thnx Mitch for RIG I got
.35 paper money
[12:23 pm] candelas : way to go Ryan
[12:23 pm] joeytsa : nice work ryan[12:24
pm] lisas : Great Ryan!
[12:24 pm] Brent : good work Ryan
[12:25 pm] ryan70 : I closed RIG although
stochs pointing down
[12:25 pm] joeytsa : go COO go !!! turned
into a nice trade
[12:26 pm] sonorant : yes, thanks Mitch, I
got a little bit on RIG
[12:26 pm] Brent : remember you don’t have to
close it all out ryan. It’s ok to close
maybe half your position, book some profits,
and trail the rest with a stop
[12:26 pm] sonorant : doji, did you really
go long TZA?
[12:26 pm] owu : I have a question about
COO
[12:26 pm] derns : Joey…you long COO? I
am long after you made your earlier
comment
[12:26 pm] duckfan : Are you still long COO
Joey?
[12:27 pm] joeytsa : yeah trailing it up
[12:27 pm] joeytsa : thought it looks like
it might want to turn
[12:27 pm] duckfan : good job man, great
patience
[12:27 pm] joeytsa : i have half left
actually
[12:27 pm] ryan70 : Doji how’s TZA long? It
looks no good
[12:27 pm] owu : 1, 5, and 15m charts looks
like COO is becoming overbought
[12:28 pm] owu : however, my 30 and 60m
charts look like the trend could continue
[12:28 pm] owu : i only have half of my
position left
[12:28 pm] mhaus : FMCN
[12:28 pm] owu : could i hold this for a
swing?
[12:28 pm] owu : at least until tomorrow if
the trend holds up
[12:28 pm] joeytsa : yeah its overbought..i
will let price take me out
[12:29 pm] joeytsa : remember
overbought/oversold doesn’t always mean over
🙂
[12:29 pm] owu : what i’m saying is, based
on Mitch’s advice from earlier
[12:29 pm] owu : about changing the time
line of the charts to see the overall
trend
[12:29 pm] joeytsa : you are right
[12:29 pm] owu : the 30m+ charts are all
still up
[12:29 pm] owu : could you hold this past
close
[12:30 pm] owu : or is it still better to
cover the position before market close
[12:30 pm] joeytsa : closing
[12:30 pm] joeytsa : i don’t hold overnight
owu[12:30 pm] owu : i see
[12:30 pm] owu : so trends typically don’t
continue overnight?
[12:31 pm] joeytsa : they do and can, it’s
just not for me
[12:31 pm] victor51 : Mitch, COO finally
worked and it was quite a ride
[12:31 pm] owu : thank you for your input,
Joey
[12:31 pm] joeytsa : no prob[12:31 pm] owu
: i may close out another half and let the
last quarter ride
[12:32 pm] joeytsa : i like those last hour
profits
[12:33 pm] joeytsa : EVEP quick spike
[12:34 pm] qwert : bye everybody gotta go
awesome day see ya in the am
[12:34 pm] ryan70 : Short FCMN now?
[12:35 pm] doji : too late for FMCN to
see
[12:36 pm] joeytsa : missed that drop on
COO, oh well
[12:36 pm] sonorant : might have a second
chance on FMCN doji[12:36 pm] doji : coo
[12:36 pm] ryan70 : I got weird message from
IB when I placed short FMCN. something like
404 restricted or something like that
[12:37 pm] Brent : probably means there are
no shorts available
[12:37 pm] joeytsa : circuit breaker
[12:37 pm] joeytsa : think that means you
need to hit the uptick
[12:37 pm] Brent : are you sure you are on
SIM ryan?
[12:37 pm] Brent : paper trading?
[12:37 pm] ryan70 : Yes Brent
[12:37 pm] Brent : ok
[12:37 pm] Brent : that’s a weird msg to get
on virtual
[12:38 pm] ryan70 : You scared me Brent. I
double checked my account
[12:40 pm] ryan70 : My trades reflected on
IB simulated trading window, there is no live
account window open
[12:41 pm] Brent : ok, just never heard of
that ryan. IB must be different
[12:42 pm] candelas : today’s action is much
better than yesterday
[12:43 pm] ryan70 : It was Ninja message
which said IB Order held while securities are
located. (404) affected order
[12:43 pm] joeytsa : yeah just check SPY,
little lower than yesterday so far
[12:44 pm] Brent : wow Ryan, you might want
to call IB. That’s a message that they are
trying to find shares for you to short
[12:45 pm] candelas : slightly lower so far
on spy
[12:45 pm] joeytsa : yeah that’s what i
see
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