[06:30 am] Mitch K: watching CNH for
top
[06:31 am] Mitch K: watching DWA for
bottom
[06:31 am] Mitch K: watching CYMI
for top
[06:32 am] Mitch K: watching MAPP
for top
[06:32 am] Mitch K: watching CRM
for bottom
[06:34 am] Mitch K: more
downside in RIMM
[06:35 am] Mitch K:
watching MBT
[06:36 am] Mitch K: watching
GME for top
[06:37 am] Mitch K: MAPP sell
signal
[06:37 am] Mitch K: MCP
toppy
[06:38 am] Mitch K: watching ZLC for
bottom, gave good bounce Wednesday
[06:38
am] Mitch K: QQQ turning over, market
index
[06:39 am] Mitch K: starting to
watch VRX drop
[06:40 am] Mitch K: DWA
below 18
[06:41 am] Mitch K: starting to
monitor OVTI
[06:43 am] Mitch K:
monitoring AMZN
[06:49 am] Mitch K: more
downside on ILMN
[06:56 am] Ed : SPY new
hod
[07:02 am] Mitch K: watching SINA
drop
[07:15 am] Mitch K: CL, crude oil
too
[07:15 am] Mitch K: GC, gold futures
spiking
[07:29 am] Mitch K: TLM
toppy
[08:36 am] Mitch K: watching DDD for
bottom
[08:45 am] Ed : nice pullback in
SPY
[08:52 am] Mitch K: good eye on CME
sman
[09:07 am] Mitch K: Euro
futures
[09:07 am] Mitch K: 6E sell
signal
[09:10 am] Mitch K: the spike in
the EURO must be related on some positive
news out of Europe
[09:13 am] Ed : Hungary
rating has been cut to BB by rating
agency
[09:38 am] Mitch K: DDD is still
strong, still no sell signal on any charts
but just reminding you of early
closing
[09:38 am] Mitch K: consider
selling DDD soon, market closes in 21
minutes
[09:45 am] Mitch K: today’s
strategy looks like jumping on trend was the
best one
[09:45 am] Mitch K:
today
[09:47 am] Mitch K: today there just
wasn’t much resistance of a stock trend,
trends kept moving. next day this
happens is day after Christmas
[09:58 am]
Ed : have a great weekend traders
[09:58
am] Mitch K: you guys take care, see you
Monday
[09:59 am] Mitch K: 6E
[09:59
am] Mitch K: just finished a long in 6E, big
move
[09:59 am] Mitch K: starting to watch
GC, Gold futures for long entry.
[09:59
am] Mitch K: if anyone is trading futures or
forex, I’ll still be online for a
while
[10:00 am] Mitch K: but GC is better
trade soon, long side. i think the EURO
is cooling off right now, topping, look for
GC long trade
[10:00 am] Mitch K: is
trending up
[10:01 am] Mitch K: also the
Australian Dollar had big run too
[10:09
am] Mitch K: GC
[10:09 am] Mitch K: are
you following GOld shark?
[10:10 am] Mitch
K: from 1751
[10:10 am] Mitch K: that’s
the bounce i was looking for
[10:19 am]
Mitch K: as opposed to that big long trend in
the AUD-USD chart you saw
[10:19 am] Mitch
K: see that drop in CL on 1 min chart?
i was late to respond to the sell signal and
jumped on the short trend. when you are
late for a signal, use a profit target of
something like 7-10 ticks, got filled on
that. sort of a hit and run
mentality
[10:21 am] Mitch K: when you do
a full contract of SI or GC, remember it
takes a lot of margin up and you need a
lot of risk tolerance for all the movement
those have and the fluctuating profit and
loss. always best to practice in
simulator for a quite a while
[10:46 am]
Mitch K: later guys
[07:28 am] Ed : nice
trend up in SPY,CL 01-13, GC 12-12
| [06:17 am] apple : now i read it hit
northern jersey — new jersey is not that
big…
[06:18 am] khall :
wow
[06:18 am] apple : and greater
philly area… need to check it out
later
[06:19 am] skydiver : thnx
mike
[06:20 am] apple : gm
MK
[06:20 am] qwert : gap up
rimm,mapp, mcp, ilmn
[06:21 am]
qwert : gap down VXX
[06:21 am]
apple : thx qwert
[06:21 am]
qwert : 🙂
[06:21 am] skydiver
: thnx qwert for filling in for joey
🙂
[06:22 am] Ed : not sure mike, just saw
ur mssg
[06:22 am] mikewd2 -: ok,
np
[06:22 am] mikewd2 -: is there still
Lightning webinar planned for
tomrw?
[06:23 am] Ed : i thought Mitch set
it for dec 1
[06:23 am] skydiver :
that’s what I thought too Ed
[06:23 am]
mikewd2 -: ok, didn’t look at
emails
[06:23 am] mikewd2 -:
thanks
[06:23 am] Ed : maybe u stepped
away, he posted in trade room
[06:23 am]
mikewd2 -: ok
[06:24 am] qwert :
nice CL move
[06:24 am] apple : mike
it would have been difficult to have a
webinar over this holiday weekend with people
visiting, etc. i remember he said next
week…
[06:24 am] mikewd2 -: thanks
apple, makes sense
[06:26 am] Ed : thx for
woman, would have never thought of
that
[06:26 am] ticktrader : Good
Morning Traders
[06:27 am] apple :
gm tick
[06:27 am] skydiver : gm
ticktrader
[06:29 am] ticktrader :
GM Apple, Sky
[06:30 am] skydiver :
and we’re off to the races!!
[06:30 am]
elisha : Good Morning Mitch, Ed and
everyone
[06:31 am] skydiver :
monitoring CRM
[06:31 am] mikewd2 -:
MCP
[06:31 am] shark :
RIMM
[06:35 am] shark : EUR/USD
1.2933
[06:39 am] shark : AAPL nice
downtrend
[06:42 am] skydiver : all
out of KORS short – small proift
[06:42
am] shark : sweet sky, was
watching
[06:42 am] shark :
KORS
[06:42 am] skydiver :
🙂
[06:42 am] skydiver : first trade
for me today — waking up 🙂
[06:43 am]
shark : 🙂
[06:45 am] skydiver
: NFLX
[06:46 am] shark : today is
statistically most likely day of year to end
higher on market averages
[06:47 am]
skydiver : thnx shark — good to know
🙂
[06:47 am] mikewd2 -: watching MCP to
see for break thru 8
[06:49 am]
skydiver : long NFLX 82.59 – out 3/4
82.87
[06:51 am] skydiver : all out
of NFLX long
[06:52 am] shark :
😉
[06:52 am] reshef :
JNFY
[06:53 am] Ed : u mean INFY
reshef
[06:54 am] reshef : Yes
sorry
[06:54 am] Ed : no problem. good
eye
[06:54 am] reshef :
LEN
[06:54 am] skydiver : thnx
reshef and Ed — now I can find it — and
thnx for LEN too 🙂
[06:58 am]
reshef : GS
[06:59 am] reshef
: BIDU
[07:01 am] reshef :
FOSL
[07:01 am] shark : nice reshef,
thx
[07:01 am] shark : you may make
your quota on this 1/2 day, too
[07:02 am]
reshef : I see it but still not success
with
[07:03 am] shark : watching
Jane Wells -CNBC
[07:03 am] skydiver
: seeing it is a good part of trading reshef
— you do a lot better than myself on seeing
those 🙂
[07:04 am] shark : she’s at
my local Best Buy
[07:04 am]
skydiver : hard to bellieve she’d be
there shark as you live in such a small town
🙂
[07:05 am] ticktrader : rimm
HOD
[07:05 am] reshef : I will be
happy doing some money with
[07:06 am]
reshef : Ed, is Bidu on top?
[07:10
am] Ed : potentially, just make sure does not
make new hod
[07:10 am] reshef :
Thanks
[07:10 am] Ed : for me range is too
tight to play on short
[07:11 am]
reshef : Thanks again, you are my
teacher
[07:15 am] shark : thx,
Mitch…was watching USO
[07:15 am]
shark : EUR/USD hod
[07:16 am]
regatta : watching TLM
[07:21 am]
shark : tight price action on 1min-
TLM
[07:22 am] skydiver : SPY still
moving up
[07:24 am] shark : SPY new
hod’s still
[07:24 am] shark : haha,
yeah
[07:26 am] shark : AAPL testing
vwap
[07:26 am] reshef :
JOY
[07:30 am] reshef :
WFM
[07:33 am] shark : royal flush
on the dow heat map today -all 30
higher
[07:33 am] shark : little
pull back in SPY
[07:40 am] reshef :
NSM
[07:40 am] reshef : small
v
[07:45 am] shark : vol diminishing
on many stocks
[07:46 am] qwert :
was noticing that as well shark
[07:47 am]
eyes : Good Morning Did I miss anything
worth while
[07:47 am] mikewd2 -: yeah,
about to call it a day
[07:47 am]
shark : hi eyes
[07:47 am] mikewd2
-: not much happening
[07:47 am] mikewd2
-: i thought AAPL would run today with up
market
[07:48 am] shark : still have
options expiration, mike
[07:48 am]
qwert : CL has been good
[07:48 am]
mikewd2 -: i have a few 560 calls
[07:48
am] mikewd2 -: about even on the remaining
ones
[07:48 am] shark : i sold some
560 calls -AAPL a few minutes ago
[07:49
am] shark : 🙂
[07:49 am]
shark : sorry 560 puts sold
[07:49
am] mikewd2 -: will dump mine soon, want one
more test of 565
[07:49 am] shark :
sold 645 PCLN calls
[07:49 am] mikewd2 -:
i had 560 puts from wednesday, lost a bit on
them
[07:49 am] shark : sitting on
+1.00 with those
[07:50 am] mikewd2 -:
sorry 565 puts
[07:50 am] shark :
😉
[07:50 am] mikewd2 -: and had 560
calls
[07:50 am] shark : Monday
retail report could set interesting tone for
next week
[07:50 am] mikewd2 -: was hoping
for decent move in either direction
[07:51
am] shark : this week notoriously quiet
usually
[07:54 am] reshef :
ABC
[07:56 am] shark : you’re
getting a break over vwap AAPL,
mike
[07:56 am] shark : Did you hit
the EggNog early, Ed?
[07:57 am] Ed : no,
spent too much time doing yard work
yesterday
[07:58 am] Ed : sore sore
sore
[07:58 am] ticktrader : Ed –
did you blow away the leaves into your
neighbors? Punishment.
[07:58 am] Ed :
lol
[07:58 am] Ed : no comment
[07:58
am] shark : lol 😉
[07:58 am] Ed :
lets just so my neighbor will not be happy
with me anymore
[07:59 am] skydiver
: that’s some blower Ed. your leaves
ended up here in Portland Oregon!!!
🙂
[07:59 am] Ed : LOL
[07:59 am]
skydiver : reminds me of that old TV
program — Tool Time — Tim always had the
most powerful tools
[08:00 am] Ed : oh
yeah, use to watch that show
[08:01 am]
skydiver : my favoirtie one was when he
installed a new garbage disposal and had to
show his wife — had to pull a rope to start
the gas engine – put 4X4 into it and ground
it all up – smoke coming from under the
sink
[08:01 am] Ed : lol, yea was really
great show
[08:01 am] skydiver : yea
— miss it . . . but like all TV shows –
eventually fade into the sunset
[08:02 am]
shark : don’t tell that to the
60minutes crew
[08:02 am] skydiver :
I guess there are exceptions shark
[08:02
am] Ed : true, u know he was once big time
drug dealer and he got 2nd chance
[08:02
am] Ed : 2nd chance at life
[08:03 am]
skydiver : that’s right — I forgot Ed
. . . great story — love it
[08:03 am]
shark : I ran into Tim Allen at
Starbucks, nice guy
[08:03 am]
skydiver : cool shark
[08:03 am] Ed
: I have heard the same, really nice
guy
[08:03 am] mikewd2 -: all out AAPL
calls
[08:06 am] reshef :
COV
[08:08 am] Ed : hey mike heard about
that horrible car pile up
[08:08 am]
mikewd2 -: yeah, the fog has been pretty bad
along the coast
[08:08 am] eyes :
ABC turn
[08:08 am] mikewd2 -: unreal only
two died
[08:09 am] Ed : i know, could
have been lot worse
[08:09 am] Ed : 140
cars right
[08:09 am] mikewd2 -: very
close to that
[08:09 am] mikewd2 -:
several 18 wheelers, UPS truck
[08:09 am]
shark : FedEx too 🙁
[08:10 am]
mikewd2 -: they didn’t even know that the
suburban had the two dead people in it was
there
[08:10 am] mikewd2 -: it was crushed
so bad
[08:10 am] Ed : i was in the car
pile up in Austin back in 1985
[08:11 am]
Ed : think it was like 100 cars
[08:11 am]
mikewd2 -: was it near the university on
IH35?
[08:11 am] Ed : sure was
[08:11
am] qwert : wow thats alot of
cars
[08:11 am] shark : were you
ok?
[08:11 am] Ed : Did not have a
scratch
[08:12 am] shark : how would
you navigate a fog storm in the future,
Ed?
[08:12 am] Ed : was amazing hearing
the noise of the crashes back to back
though
[08:12 am] skydiver : crazy
Ed — was it a foggy day or?
[08:12 am]
shark : is there time to pull
over?
[08:12 am] Ed : no time to pull over
since drivers are so close
[08:13 am] Ed :
I recall it being very sunny that
day
[08:13 am] Ed : I was like 13 or
14
[08:13 am] shark : wow
[08:13
am] skydiver : I think I’ll pass on
that experience Ed
[08:14 am] shark
: AAPL testing R1
[08:14 am] mikewd2 -:
there’s a couple spots in Austin on IH35,
that are blind as you come over a hump in the
freeway- you get a wreck there its
over.
[08:14 am] Ed : thats 4
sure
[08:14 am] ticktrader : Ed I
was driving on I-35 in Austin in the fast
lane and my old car’s hood poped open. It was
in the mid 1980’s when I was at UT.
[08:15
am] skydiver : fun tick
[08:15 am]
mikewd2 -: ah tick you didn’t mention that
school did you! lol
[08:15 am]
ticktrader : The hood at vents, so I
was able to see through the vents and pull on
the side
[08:15 am] Ed : I bet that woke
you up
[08:15 am] mikewd2 -: where you
leave now tick
[08:15 am] mikewd2 -:
live
[08:16 am] ticktrader : Mike I
am in Los Angeles area. R u Aggie?
[08:16
am] mikewd2 -: yes, class of 1980 but lived
in Austin for 30 years
[08:16 am] mikewd2
-: worked for Motorola/Freescale
[08:16
am] ticktrader : I have very fond
memories of Austin. YOu must be EE.
[08:16
am] Ed : be truthful mike, u mean class of
1920
[08:17 am] skydiver : nice on
Ed 🙂
[08:17 am] skydiver :
one
[08:17 am] mikewd2 -: haha – met one
of the junction boys from class of 1954 last
weekend
[08:17 am] qwert : watching
OMC
[08:17 am] Ed : did he say if the
movie was accurate or not mike?
[08:18 am]
mikewd2 -: pretty close, he was the one “Bill
Shroeder” that got dehydraded so bad and had
to go to hospital
[08:18 am] mikewd2 -:
very nice man
[08:18 am] mikewd2 -: AAPL
near hod
[08:19 am] Ed : they show Bear
Bryant at bama this week on rival
game
[08:19 am] Ed : show=showed
[08:20
am] Ed : u know Bobby Bowden at one time was
worried that if he was not coaching he would
not live that long, but he manage to
transistion nicely
[08:21 am] mikewd2 -: i
hear he is day trading – lol
[08:21 am] Ed
: lol
[08:21 am] mikewd2 -: goes by the
name Rusty
[08:21 am] Ed : good
one
[08:23 am] qwert :
hahaha
[08:24 am] shark : SPY near
hod
[08:24 am] Ed : anyone heard from
doji?
[08:24 am] shark :
yeah
[08:24 am] shark : says he is
fine, been on the road travelling
[08:25
am] shark : says “hi” to
everyone
[08:25 am] Ed : thought maybe
that was the case
[08:25 am]
skydiver : SPY dropping
[08:25 am]
skydiver : CRM coming down
finally
[08:26 am] shark : hit b/e
perfectly, sky
[08:26 am] shark :
double top on 1min
[08:26 am]
skydiver : 🙂
[08:27 am] Ed : some
football games should be starting about
now
[08:27 am] shark : 🙂
[08:27
am] skydiver : al out of CRM
short
[08:28 am] khall : nice one
sky
[08:28 am] skydiver : probably
should have held onto that last piece, but .
. gun shy a bit today
[08:28 am]
shark : all slow motion
movers
[08:28 am] khall : yeah,
turkey hangovers
[08:28 am] Ed : light vol
makes for easy ramp if they want
[08:29
am] shark : 1000 shares can knock a
stock a quick .50c or so
[08:29 am] Ed :
thats 4 certain
[08:29 am] skydiver
: thnx guys — got to keep that in my head
😉
[08:29 am] shark : I noticed PCLN
has 0 vol on many 1min bars
[08:30 am] Ed
: yep very spotty candles, means low low
vol
[08:30 am] khall : it’s been a
great morning to trade – maybe I should trade
in my leopard jammies every morning –
LOL
[08:31 am] Ed : thx for the visual,
LOL
[08:31 am] mikewd2 -: AAPL
hod
[08:31 am] khall : anytime –
anything for you Ed
[08:31 am]
skydiver : I am seeing spots
khall
[08:31 am] khall : ha
ha
[08:31 am] Ed : u do alot of cooking
khall?
[08:31 am] skydiver : keep up
the good work khall 🙂
[08:32 am]
regatta : in addition to watching paint
dry, watching NTE
[08:33 am]
skydiver : the 95 year old traders are
enjoying the slower action today . . . can
keep up 🙂
[08:33 am] qwert :
watching ASML
[08:33 am] khall :
funny sky
[08:33 am] Ed : good one
sky
[08:34 am] skydiver :
🙂
[08:34 am] skydiver : nice qwert
ASML
[08:34 am] apple : back for a
few minutes
[08:35 am] shark : going
to go say Hi to Jane Wells at Best Buy, be
right back
[08:35 am] Ed : enjoy
[08:35
am] skydiver : welcome back apple –
tell her hi from all of us too shark
🙂
[08:35 am] apple : did everyone
have a good holiday?
[08:35 am]
skydiver : yes apple — great food,
great family time with the grandkids and
family — how about you?
[08:36 am]
mikewd2 -: shuttin her down, cu you guys
Monday – have a great weekend
[08:36 am]
ticktrader : Apple it was great
holiday
[08:36 am] eyes : se
you Mike
[08:36 am] skydiver : did
you catch the short on ASML qwert
[08:37
am] skydiver : I missed it
qwert
[08:37 am] apple : bye mike
have a wonderful weekend
[08:37 am]
qwert : no was watching CL
[08:37
am] skydiver : enjoy the football games
this week-end Mike . .
[08:38 am]
khall : bye Mike – have a good
one
[08:38 am] Ed : c ya mike
[08:38
am] apple : had a wonderful time at
friends’ house, my son had a sleepover so it
was nice and quiet this monring
[08:38 am]
skydiver : nice apple — quiet is a
good things at times
[08:38 am]
khall : nice break for you
apple
[08:40 am] apple : yeah, have
to pick him up a little later.
[08:41 am]
skydiver : CRM moving up a bit
again
[08:47 am] sman :
CME
[08:51 am] skydiver : have a
great rest of the day and
week-end. Got to go meet up with
the grandkids . .. see you all
Monday
[08:51 am] Ed : c ya sky
[08:51
am] khall : bye sky
[08:51 am]
skydiver : 🙂
[08:52 am] apple
: bye sky have a wonderful weekend
[08:53
am] qwert : cya sky
[08:54 am]
ticktrader : Have a great weekend
Sky
[08:58 am] reshef :
BIDU
[09:31 am] khall : I think I’m
finished for the day – see all you wonderful
traders Monday
[09:31 am] shark : ok
I’m back. Jane says “happy trading”
[09:32
am] qwert : bye khall have a great
weekend
[09:32 am] shark : will put
pics on FB
[09:32 am] Ed : c ya
khall
[09:32 am] shark : bye khall
🙂
[09:32 am] khall : 🙂
[09:33
am] qwert : DDD ended up with a great
bounce
[09:35 am] Ed : sure did
[09:36
am] shark : SPY testing hod
[09:38
am] apple : bye khall
[09:42 am]
shark : AAPL, SPY new hod
[09:44 am]
qwert : bye everybody see ya next week
have a great weekend
[09:44 am]
shark : bye qwert
[09:44 am] Ed : c
ya qwert
[09:45 am] apple : bye
qwert have fun
[09:46 am] apple : i
am leaving now. thx everyone, E,
MK. all have a wonderful
weekend.
[09:46 am] shark : bye
apple
[09:46 am] Ed : c ya apple
[09:48
am] shark : nice, Mitch
[09:48 am]
shark : mini Santa Claus rally
today
[09:51 am] shark : miss the
regular daily vol, but love the shorter hours
today
[09:58 am] shark : thx,
Mitch
[09:59 am] shark : AAPL good
move today
[09:59 am] shark : what
do you like for forex right now,
Mitch?
[09:59 am] shark : what seems
to be trending?
[10:00 am] shark :
nice 🙂
[10:00 am] shark : I’ll pull
up my charts…
[10:05 am] shark :
yeah, AUD/USD nice run
[10:10 am]
shark : 🙂
[10:19 am] shark :
yes
[10:22 am] shark :
agreed
[10:46 am] shark : bye Mitch,
🙂
|
Web Special
