[06:02 am] Mitch K: hi Lisa, we are sending
you part of Friday’s moderator chat relating
to a setting in Lightning that affects the
signals as well as other factors that affect
signals.
[06:17 am] Ed : NXY will merge
with CNOOC
[06:21 am] Ed : good morning
traders
[06:30 am] Mitch K: looking for
another AAPL bottom to buy long
[06:31 am]
Mitch K: watching ANF for top to
short
[06:31 am] Mitch K: watching MHP for
bottom
[06:31 am] Mitch K: watching DECK
for bottom
[06:32 am] Mitch K: watching
CLDX for short
[06:33 am] Mitch K:
watching SLB for trend up
[06:34 am] Mitch
K: watching GEO for trades both ways today,
next one a short
[06:34 am] Mitch K: not
WYNN
[06:34 am] Mitch K: watching WYN for
top, Wyndham hotels
[06:35 am] Mitch K:
DECK bottoming
[06:35 am] Mitch K:
watching CNQR for top
[06:36 am] Mitch K:
monitoring INFI
[06:36 am] Mitch K:
monitoring FII
[06:38 am] Mitch K:
watching AIG for bottom
[06:39 am] Mitch
K: watching SIX for bottom
[06:39 am]
Mitch K: covering ANF, best price
[06:39
am] Mitch K: watching EXPE for
bottom
[06:39 am] Ed : monitoring EXPE for
potential long
[06:40 am] Mitch K: AIG
getting better
[06:43 am] Ed : monitoring
HPQ no hurry for potential short
[06:43
am] Mitch K: watching UA for bottom
[06:44
am] Mitch K: watching STX
[06:46 am] Ed :
SPY new hod
[06:47 am] Mitch K: STX acting
toppy
[06:49 am] Mitch K: watching CLF for
short
[06:52 am] Mitch K: CNQR looks
toppy
[06:54 am] Mitch K: watching TRIP
for bottom to buy
[06:54 am] Mitch K:
watching MCP for top
[07:04 am] Mitch K:
consider selling AIG
[07:04 am] Mitch K:
UA getting better
[07:04 am] Mitch K:
consider selling INFI
[07:12 am] Mitch K:
VHC turning over, 34.70 area to short, late
to see
[07:15 am] Ed : SPY pulling
back
[07:21 am] Mitch K: watching INFI for
short
[07:29 am] Mitch K: float on UNXL is
8.17 mil,
[07:27 am] Mitch K: yes sman,
UNXL looks interesting for bullshort, might
be hard to get shares to short, checking
float now
[07:27 am] Ed : If u shorted HPQ
would cover some here
[07:30 am] Mitch K:
Infinity Pharmaceuticals, Inc. (INFI) today
announced new data from its ongoing Phase 1,
open-label, dose-escalation trial of IPI-145,
the company’s potent, oral inhibitor of
phosphoinositide-3-kinase (PI3K)-delta and
PI3K-gamma, in patients with advanced
hematologic malignancies. Preliminary data
from the study showed that IPI-145 was well
tolerated to date and clinically active in
patients with both B-cell and T-cell
malignancies,
[07:32 am] Mitch K: consider
taking smaller profits on INFI
[07:41 am]
Mitch K: consider covering most of STX
short
[07:46 am] Ed : out all HPQ
short
[07:52 am] Mitch K: STX should have
a tradable long scalp off this next
bottom
[07:54 am] Ed : SPY new
hod
[07:57 am] Ed : markets took out
fridays high
[08:01 am] Mitch K: VRA
breaking out
[08:20 am] Ed : just
monitoring EQT
[08:36 am] Ed : nice bounce
in DECK
[09:04 am] Ed : SPY trading in
small range on top of base on 1minute
chart
[09:15 am] Mitch K: Futures and
forex slow today, very slow
[09:20 am]
Mitch K: best instrument to be tracking is
NG, Natural Gas
[09:47 am] Ed : if we get
some sort of selloff, would keep an eye on
CRUS, been weak all day, and at criticcal
area on daily
[10:02 am] Ed : DOV
alert
[10:06 am] Ed : coverd 3/4 CRUS
short on that drop
[10:07 am] Ed : also
out all of DOV long
[10:07 am] Ed :
holding 1/4 of CRUS short
[10:09 am] Ed :
getting nice pullback in SPy
[10:28 am] Ed
: no hurry on AKAM
[10:28 am] Ed : AKAM
monitoring
[10:29 am] Ed : seeing what
happens on AKAM if we get more vol to setup
potential trade
[10:34 am] Ed : passing on
AKAM until more vol shows up
[10:41 am]
Mitch K: someone posted MAKO, another good
one for this time of day
[10:41 am]
Mitch K: good job on DKS qwert
[10:45 am]
Ed : SPY bouncing
[10:54 am] Mitch K: MAKO
has the nice shape but didnt have the
increasing volume on that drop mike
[10:56
am] Mitch K: looking for small bounce in
CL
[10:56 am] Mitch K: CL 01-13
[10:57
am] Mitch K: looking for over 86
[11:00
am] Mitch K: so far weak bounce in this
CL
[11:01 am] Mitch K: don’t get stuck on
any targetprice, this time of day, im
content on taking small profit targets 5-8
ticks is ok
[11:02 am] Mitch K: see that
lower low there, not good sign for any
long
[11:09 am] Mitch K: KORS looks good
sman for long soon
[11:21 am] Mitch K:
what did Obama say, i wasnt
watching.
[11:26 am] Mitch K: chingo, i
see about 25 cent potential on short max; i
like to protect profits this time of day
unless really good idea comes along.
KORS is next idea that i can see in
stocks
[11:27 am] Ed : Prez speaking
now
[11:30 am] Ed : I think the visit by
Prez to Michigan has more to do about state
becoming right to work state
[11:32 am]
Mitch K: looking for just under 50 on KORS
rebound
[11:33 am] Mitch K: good eye on
MDVN and ARIA sman, and qwert
[11:36
am] Mitch K: or selling
[11:36 am] Mitch
K: consider reducing KORS
[11:40 am] Ed :
more selling in SPY
[11:42 am] Ed : INFI
new hod
[11:43 am] Ed : INFI will be one
to keep on radar next couple days to see if
we get continuation
[11:57 am] Ed : nice
one sman on DNDN
[12:20 pm] Mitch K:
almost a 2% potential late in day thats
good
[12:20 pm] Mitch K: hey qwert, did
you short ARIA? nice one
[12:31 pm]
Ed : good eye sman
[12:55 pm] Ed : SPY
pulling back
[12:57 pm] Ed : have a great
evening traders
| [05:51 am] reshef : G.morning
[05:52
am] qwert : Good morning
everybody
[05:54 am] chinhngo : good
morning
[05:54 am] lisas : gm
all
[05:55 am] taco : good morning
everyone
[06:03 am] lisas : awesome
Mitch, I had to leave early, thought I’d be
back so never signed out. Didn’t make it back
though. Appreciate it!
[06:03 am]
khall : good morning all
[06:03 am]
lisas : gm khall
[06:03 am]
khall : hey lisas!
[06:04 am]
joeytsa : Good morning Mitch,
traders
[06:04 am] lisas : joey
joey
[06:04 am] khall : hey
joey
[06:04 am] joeytsa : early gap
down: AAPL,HNP
[06:05 am] joeytsa :
early gap up: MCD,NXY,IN,IR…kind of quiet
for now
[06:07 am] qwert : Thanks
Joey
[06:07 am] joeytsa : no prob,
nothing exciting so far
[06:08 am]
taco : thanks joey
[06:10 am]
qwert : was thinking the same thing
joey
[06:10 am] akram : Good Morning
All
[06:18 am] apple : good morning
to all bright traders
[06:18 am]
apple : gm akram
[06:18 am]
apple : gm qwert
[06:18 am]
apple : gm taco
[06:18 am]
apple : gm taco
[06:18 am]
apple : gm joey
[06:18 am]
taco : hi apple
[06:18 am]
apple : gm khall
[06:18 am]
apple : gm lisa
[06:19 am]
qwert : gmapple
[06:19 am]
apple : gm chin
[06:19 am]
apple : gm reshef
[06:19 am]
lisas : gm apple
[06:20 am]
apple : gm MK
[06:20 am] apple
: gm E
[06:21 am] qwert : GM
Ed
[06:21 am] lisas : gm
ed,
[06:21 am] khall : gm apple,
ed
[06:23 am] skydiver : gm
all
[06:24 am] apple : gm
sky
[06:25 am] skydiver : good
morning apple – I’m a bit late today —
overslept
[06:26 am] joeytsa :
http://www.marketwatch.com/story/fed-to-do-wh
at-it-can-to-ease-cliff-uncertainty-2012-12-1
0?siteid=rss&rss=1
[06:27 am]
apple : well at least you are ready for
the open… in 3 min
[06:27 am]
skydiver : yes !!
[06:28 am] mikewd2
-: Weatherford could be target for
Halliburton, GE, Bloomberg says
[06:29 am]
skydiver : thnx Mike and thnx joey for
gappers earlier
[06:29 am] joeytsa :
i think i heard something about that a week
or 2 ago
[06:29 am] elisha : Good
Morning Mitch, Ed and everyone
[06:29 am]
apple : gm mike, thx
[06:29 am]
mikewd2 -: WFT decent 15 day chart
[06:30
am] joeytsa : IR,AAPL both pulling
back
[06:30 am] Ed : .
[06:32 am]
joeytsa : watching CLF
[06:34 am]
joeytsa : slight uptrend on the, eye on
the 1419/1420 area
[06:37 am]
joeytsa : nice call on ANF
Mitch
[06:37 am] joeytsa : SIX
falling aprt
[06:38 am] joeytsa :
big down candle on EXPE
[06:40 am]
skydiver : HPQ – rumors
[06:40 am]
taco : really good action:)
[06:40
am] apple : AMGN
[06:40 am]
apple : TRMB
[06:41 am]
joeytsa : nice apple
[06:41 am]
joeytsa : watching ALXN again
[06:44
am] skydiver : watching HPQ to see how
strong the rumor is
[06:44 am]
joeytsa : LNKD trying to break, NFLX
trying to bottom
[06:44 am] skydiver
: thnx Ed
[06:45 am] joeytsa : BIDU
pushing over $90
[06:50 am] khall :
yeah joey, BIDU on a tear this
morning
[06:50 am] joeytsa :
🙂
[06:50 am] joeytsa : might be
getting tired here though
[06:51 am]
mikewd2 -: Baidu mentioned positively by 86
Research
[06:51 am] mikewd2 -: whoever
that is – lol
[06:51 am] joeytsa :
haha, thx mike
[06:52 am] taco : STX
s 29.43
[06:53 am] joeytsa : tighten
SIX if long
[07:00 am] Ed : make sure ur
very disciplined today, as we are in an
inside day which means fewer ideas, until
range is broken
[07:01 am] skydiver
: thnx Ed
[07:01 am] qwert : thx
Ed
[07:01 am] joeytsa : thx Ed,
trading seems tentative
[07:01 am] Ed : no
problem
[07:01 am] khall : thanks
Ed
[07:02 am] joeytsa : crude in
tight range
[07:02 am] Ed : very just
looked at it
[07:02 am] reshef :
NTES
[07:03 am] shawn : Has Wynn
Bottomed ED
[07:04 am] Ed : not great
setup being very little money from here to
upside
[07:04 am] shawn : thanks
ED
[07:04 am] joeytsa : looks weak
so far shawn
[07:04 am] Ed : also in tight
range on daily would look for other
stocks
[07:05 am] Ed : definitely looks
like it has potential to break joey
[07:06
am] joeytsa : forming a bear cup on
5min
[07:06 am] joeytsa : i guess
teh 15min also
[07:07 am] joeytsa :
see what BIDU does on 2nd attempt at
$92
[07:11 am] sman : GPS
[07:13
am] joeytsa : did things get really
slow?
[07:14 am] Ed : it seems that
way
[07:15 am] joeytsa : CELG having
issues at $80
[07:15 am] joeytsa :
just watching
[07:16 am] joeytsa :
ES hit head right at that 1419
level
[07:17 am] joeytsa : ES R1 is
1420.33
[07:18 am] skydiver :
monitoring BKE – low volume
however
[07:19 am] joeytsa : nice
sky, right about vol
[07:20 am] Ed : nice
play sky
[07:20 am] joeytsa : i hope
the whole day isnt like this
[07:20 am]
skydiver : yeah joey
[07:21 am] Ed :
right why one has to pick his/her
spots
[07:21 am] joeytsa : NG, nat
gas went from pre-market downtrend, to slight
uptrend
[07:21 am] taco :
INFI
[07:21 am] joeytsa : nice
taco
[07:22 am] joeytsa : INFI
rumor?
[07:24 am] joeytsa : BIDU
still in a bit of a flag pattern
[07:25
am] sman : MK – is UNXL settings up as
a bullshort?
[07:26 am] apple : nice
on XL sman
[07:27 am] apple :
UNXL
[07:28 am] skydiver : nbo
shorts on UNXL at lightspeed
[07:28 am]
skydiver : no
[07:29 am] mikewd2 -:
Uni-Pixel price target raised to $22 from $13
at Craig-Hallum
[07:29 am] apple :
thx mike
[07:30 am] taco : INFI s
25.76
[07:32 am] taco : makes up for
my mystake on STX
[07:35 am] taco :
all out b4 recent spike
[07:39 am]
sman : WHR
[07:39 am] taco :
MCP moving higher
[07:40 am] taco :
no shares ay IB
[07:42 am] mikewd2 -: STX,
nice 3min fade play
[07:53 am]
skydiver : Have a great day all — my
time is up for today . .. see ya
tomorrow. 🙂
[07:54 am] taco :
bye sky
[07:55 am] lisas : bye
sky
[07:55 am] sman : CBMX
[07:57
am] apple : bye sky have fun
[07:57
am] apple : AAPL taking off
[08:01
am] elisha : Ed, may I please know your
entry on your HPQ short?
[08:01 am] Ed :
14.43
[08:02 am] elisha : Thank
you. Was that at 9:52 ir 10:04, if you
don’t mind?
[08:02 am] elisha : ir =
or
[08:03 am] Ed : dopnt mind it was
9:50est
[08:03 am] elisha : Thank
you Mr. Wizard
[08:03 am] Ed : ur
welcome
[08:06 am] lisas : taking
off for awhile, happy trading all
[08:06
am] joeytsa : bye lisa lisa
[08:06
am] Ed : c ya lisa
[08:07 am] apple
: bye lisa have fun
[08:07 am]
elisha : bye lisas
[08:11 am]
apple : elisha how are you
doing
[08:16 am] elisha : hello
apple
[08:16 am] elisha : I am
inching forward
[08:16 am] elisha :
thanks for asking! How are you
doing?
[08:18 am] apple :
fantastic
[08:18 am] elisha : I sure
how some of that fantastic rubs off on the
rest of us including me!
[08:18 am]
elisha : how = hope
[08:19 am]
apple : it will elisha — sending some
to you rigtht now
[08:19 am] elisha
: Bless your heart
[08:19 am] elisha
: I recieve it now!
[08:20 am] apple
: elisha, send me an email
[email protected]
[08:21 am]
elisha : I will – I thought you’d
never ask!
[08:34 am] mikewd2 -: watching
IR
[08:36 am] mikewd2 -: Deckers Outdoor
weakness a buying opportunity, says Sterne
Agee
[08:38 am] joeytsa :
interesting charts on DECK
[08:38 am]
joeytsa : daily/15
[08:39 am]
joeytsa : its near a 50% retracement
from last move down
[08:39 am] taco
: UA back near lows
[08:39 am]
joeytsa : but in longterm
downtrend
[08:42 am] taco : watching
GEO for pullback
[08:42 am] joeytsa
: pullback to short or for a long
entry?
[08:43 am] taco : thinking
short if it accelerates
[08:43 am]
taco : up
[08:43 am] taco :
what do you think joey?
[08:43 am]
joeytsa : ok
[08:44 am] apple
: time for some green juice, back in a
bit
[08:44 am] joeytsa : been on a
fairly steady upmove
[08:44 am]
joeytsa : enjoy apple
[08:44 am]
taco : c ya apple
[08:44 am]
elisha : bye apple
[08:46 am]
mikewd2 -: IR trying to bounce
[08:53 am]
joeytsa : see you all in a
while
[08:53 am] taco : c ya
joey
[08:53 am] Ed : c ya joey
[09:00
am] mikewd2 -: CLF
[09:12 am] qwert
: Monitoring DKS
[09:17 am] mikewd2 -: DKS
below 200day ma
[09:42 am] chinhngo
: BOUGHT IR BUY SIGNAL
[09:42 am]
chinhngo : AT 48.50
[09:44 am]
taco : im out for a bit, save me a good
one
[09:45 am] Ed : c ya taco
[09:45
am] apple : have fun taco,
sure
[09:48 am] joeytsa : thx
Ed
[09:50 am] joeytsa : PCLN having
a rough day
[09:53 am] regatta :
BRKR spike
[09:55 am] chinhngo :
bought crus at 27.82 buy signal
[09:56 am]
Ed : CRUS is a very weak stock chin
[09:56
am] joeytsa : chin: is that a lightning
buy signal?
[09:56 am] chinhngo :
yes
[09:57 am] chinhngo : lightning
chart says buy signal
[09:57 am] mikewd2
-: doesn’t look that good to me, also not a
lot of money on upside
[09:57 am] Ed : u
dont want to use the system
blindly
[09:57 am] joeytsa : hope it
works
[09:57 am] chinhngo : if i
lost money mr mitch will refund money to me
do not worry
[09:57 am] mikewd2 -: also,
still weak after high vol spikes
[09:58
am] Ed : meaning taking signal just bcuz, u
will get buy even on very very weak
stock
[09:58 am] apple : lol sure he
will…
[09:58 am] joeytsa : maybe i
can get Lightspeed to do the same
[09:58
am] chinhngo : i trust mr mitch
software
[09:59 am] chinhngo : also
crus have giood earning also have reward from
some group
[09:59 am] Ed : Had u thought
maybe chin that the buy signal was to cover
if u were short? Just food for
thought
[09:59 am] reshef :
RKUS
[10:00 am] joeytsa : i just
called schwab to ask if they would refund my
money on losing trades, they sent me
this..
[10:00 am] joeytsa :
http://www.youtube.com/watch?v=81Jg6L16Mzs
[10:00 am] qwert : hahahaha
joey
[10:00 am] Ed : good one
joey
[10:00 am] joeytsa :
🙂
[10:01 am] mikewd2 -: nice
one
[10:02 am] mikewd2 -: DOC
[10:02
am] joeytsa : DOV
[10:02 am] mikewd2
-: sorry DOC
[10:02 am] mikewd2 -:
DOV
[10:03 am] mikewd2 -: earning
forcasts
[10:03 am] joeytsa : im
assuming not good
[10:04 am] qwert :
nice thanks Ed
[10:05 am] mikewd2 -: just
reduced some not bad
[10:05 am] Ed : nice
trading gents
[10:05 am] Ed : and
ladies
[10:05 am] apple :
lol
[10:07 am] apple : nice on
DOV
[10:11 am] joeytsa : APC slowly
lower
[10:11 am] shawn : Hey Ed: I
traded with lightning today and made a little
$$$
[10:11 am] Ed : yea joey i was
thinking DOV would sell but watched the tape,
was ready either way
[10:11 am] Ed : nice
going shawn
[10:11 am] shawn : Mitch
said that you were really good at hitting the
tops of a Stock and the bottom. What is your
secret when using Lightning?
[10:13 am] Ed
: I have my own style of hitting pretty close
to tops/bottoms and I continue to use it, now
with lightning I use that to help me stay in
trade longer once entered using prcie
action
[10:13 am] Ed : Prcie action is
what helps me get those good spots
[10:14
am] Ed : But i wil say this, I know a much
older trader who trades on 5min so he gets in
later and runs circles around my entries. So
most important aspect is how u manage the
trade and cant forget discipline
[10:14
am] murano : ANR
[10:15 am]
shawn : thanks Ed: I really want to be
able to trade like you and Mitch some
day
[10:16 am] sman : WLT
[10:16
am] Ed : keep up the discipline and
study and you will be better than
me
[10:17 am] Ed : Then I can learn from
you
[10:18 am] Ed : yesterday it was 39
degrees and today 70
[10:18 am]
joeytsa : nice
[10:18 am] mikewd2 -:
yesterday it was 80 today 50
[10:19 am] Ed
: amazing
[10:19 am] joeytsa : only
45 here in vegas right now
[10:20 am] Ed :
is that normal for this time of
year
[10:20 am] Ed : joey?
[10:20 am]
joeytsa : no, usually a little warmer i
believe
[10:20 am] apple : it’s
warmer in nyc 58 degrees
[10:21 am]
qwert : 61 here in Rancho Cucamonga,
Cal
[10:21 am] joeytsa : usuaaly dec
high low is 58/34
[10:21 am] apple :
huh, almost the same here qwert, too
funny
[10:21 am] Ed : makes for lower
heating oil prices
[10:21 am]
joeytsa : yeah, they were talking about
that on cnbc this morning
[10:21 am] Ed :
ok
[10:21 am] qwert : high here
today of 72
[10:22 am] Ed : Al Gore is
happy about it Im sure
[10:22 am]
qwert : hahaha
[10:22 am]
joeytsa : 🙂
[10:24 am] shawn
: anybody short WLT?
[10:25 am]
elisha : its 20 something here in
northern michigan and we got smacked with a
snowstorm last night
[10:25 am] mikewd2 -:
ANR
[10:25 am] Ed : send it to the east
coast please
[10:25 am] apple : i
heard elisha – how much snow
[10:26 am] Ed
: too much of fight for short for me shawn
eventhough ur getting signal
[10:26 am]
shawn : k
[10:26 am] elisha :
my yard is sporting only about 4 inches
but parts of the northern shore of the UP got
more than a foot
[10:26 am] mikewd2 -:
MAKO trying to bounce
[10:27 am]
elisha : not including drifts, of
course
[10:30 am] apple : right, i
am from chicago and i remember all too well
about snowstorms…
[10:35 am] qwert
: RGR
[10:36 am] elisha : Ed, would
you please define the parameters of your
quote “too much of fight for short for me”
per your 10:26 post?
[10:36 am] Ed : which
stock was that
[10:37 am] elisha :
ANR
[10:37 am] mikewd2 -: Akamai may have
paid too much in AT&T deal,
Streamingmediablog.com
[10:37 am] Ed : i
know it was not ANR, was another
[10:37
am] apple : shawn was talking about
WLT
[10:38 am] elisha : yes – WLT –
sorry bout that
[10:39 am] Ed : ok, on
that one short is countertrend, and it
brokeout on 15min chart and very tight
trading range on daily and the stocks vol had
dropped off
[10:40 am] Ed : So all these
things mean trying to fight the trend for
very little money when odds have
dimished
[10:41 am] elisha : Thank
you! I actually understood what you just said
er wrote
[10:41 am] Ed : thats
good
[10:41 am] elisha : well its
not chopped liver
[10:41 am] Ed : oooh
chopped liver
[10:42 am] qwert : Ice
cream cone ?
[10:42 am] elisha :
have you guys had lunch yet?
[10:42 am] Ed
: yes
[10:42 am] Mitch K: doesnt qualify
for ice cream cone qwert, not yet
[10:42
am] qwert : okay
[10:42 am]
elisha : I’ll keep trying
[10:44 am]
mikewd2 -: i posted it but didn’t take the
long Mitch – lol
[10:55 am] mikewd2 -:
right that is why i was leary about going
long
[10:55 am] elisha : but
lightning knew it was good to go
[10:58
am] qwert : thx mitch
[10:58 am]
taco : yes thank you, watching in
sim
[10:59 am] taco : 1 @
85.9
[11:04 am] mikewd2 -: Obama to speak
soon
[11:09 am] sman :
KORS
[11:21 am] joeytsa : i didnt
see anything either
[11:22 am] Ed : I dont
think he has spoken as of yet
[11:22 am]
chinhngo : short expe
[11:25 am]
khall : no, he’s late – smoking one
last ciggie
[11:25 am] joeytsa :
🙂
[11:27 am] qwert : monitoring
ARIA
[11:28 am] sman :
MDVN
[11:31 am] Ed : FYI: right to work
states are not condusive to unions, in other
words ur not forced to join
[11:32 am]
khall : but you have to pay dues anyway
(from what I understand)
[11:32 am] Ed :
If I stand corrected you are not forced
too
[11:33 am] Ed : in right to work
state
[11:33 am] khall : define
“forced” LOL
[11:33 am] apple
: we can tell the president is speaking
now…
[11:33 am] Ed : lol
[11:37 am]
joeytsa : so if nat gas is selling off
due to warmer weather, im guessing it goes
back up once winter kicks in?
[11:37 am]
joeytsa : lisa: are you here?
[11:38
am] Ed : she is probably at the beach wit
feet in the water
[11:38 am] joeytsa
: haha
[11:38 am] joeytsa : Ed: you
ever play commodities?
[11:38 am]
apple : lisa left earlier
joey
[11:39 am] joeytsa : as in
beans,cattle,oj,etc
[11:39 am]
joeytsa : thx apple, wasnt sure if she
came back
[11:39 am] Ed : no have not
traded those
[11:39 am] joeytsa : oh
ok, just wondered
[11:40 am] apple :
no soybeans, corn or wheat for you,
E?
[11:40 am] Ed : Im sure will get around
to it eventually
[11:40 am] joeytsa
: i know you can play options on them, just
wondered it that was a better play
[11:41
am] Ed : I want to start with orange juice
like on Dukes & Dukes
[11:41 am]
joeytsa : i studied them for awhile,
just never got to the point to play
them
[11:41 am] joeytsa : oj long
after a deep freeze in FL 🙂
[11:42 am]
sman : SRPT
[11:42 am] Ed :
right
[11:42 am] joeytsa : AMZN
trying ot hold $248
[11:47 am] sman
: DNDN
[11:48 am] joeytsa : no DNDN
shorts at TS or LS
[11:49 am] qwert
: joey i can get em at lightspeed
[11:49
am] taco : IB has
[11:49 am]
joeytsa : nice, i just looked and saw
the “L”..i always assume none
[11:49 am]
joeytsa : thanks though..good to keep
in mind
[11:50 am] qwert : i always
just try to reserve way higher then bump to
fill
[11:50 am] joeytsa :
ok
[11:50 am] chinhngo : buy ir at
47.84
[11:53 am] joeytsa : i guess
0bama’s talk wasnt all that
[11:55 am]
apple : gotta go to pick up robert from
school. thx MK, E and everyone. all
have a wonderful evening
[11:55 am]
joeytsa : have a great day
apple
[11:55 am] qwert : bye apple
have a great night
[11:55 am] Ed : c ya
apple
[11:55 am] elisha : bye
apple
[11:55 am] taco : bye
apple
[11:57 am] qwert : Thx for
DNDN sman
[11:58 am] joeytsa : AAPL
on a 6pt run past 15min
[11:58 am]
joeytsa : looks like $534 is slowing it
down
[12:02 pm] joeytsa :
http://www.investmenthouse.com/weekendmarkets
ummary.htm
[12:03 pm] joeytsa :
great free weekly writeup for those not
currently getting it
[12:04 pm] mikewd2 -:
STX at interesting point
[12:04 pm]
khall : I’m finished for the day – off
to the dentist. Thanks everyone and
I’ll see you tomorrow!
[12:05 pm] Mitch K:
bye khall
[12:05 pm] joeytsa : bye
khall
[12:05 pm] khall :
🙂
[12:07 pm] taco : c ya
khall
[12:08 pm] joeytsa : SPY
volume low?
[12:08 pm] joeytsa :
trading 61M right now, avg is 135M?
[12:10
pm] Ed : u can feel it
[12:14 pm]
joeytsa : you think setting up for a
big move?
[12:14 pm] Ed : You all hering
Bogle speaking?
[12:15 pm] mikewd2 -:
yes
[12:15 pm] Ed : He is saying we should
have finacial tax
[12:15 pm] mikewd2 -:
wants transaction fee on trades, to slow down
traders
[12:15 pm] Ed : right
[12:15
pm] mikewd2 -: actually tax not fee
[12:16
pm] Ed : yep
[12:16 pm] mikewd2 -: on
short term capital gains
[12:16 pm]
joeytsa : i thought originally it was
for all trades..win or loss
[12:16 pm] Ed
: Thats what some would like joey
[12:17
pm] joeytsa : yeah, read an article the
other day about it
[12:17 pm] Ed :
specalutors will find other markets
[12:18
pm] joeytsa : just like hackers find
new ways
[12:18 pm] Ed : right
[12:18
pm] joeytsa : but investment will go
down
[12:18 pm] joeytsa : just what
this economy needs haha
[12:19 pm]
joeytsa : that article i mentioned was
the one i linked the other day with
spitzer
[12:20 pm] joeytsa :
http://www.alternet.org/economy/eliot-spitzer
-tax-traders-it-would-solve-economic-crisis-a
nd-stop-reckless-activity
[12:25 pm]
joeytsa : will be watching AMGN to see
if it pushes thru $90
[12:27 pm]
elisha : thanks joey for
investmenthouse link
[12:27 pm]
elisha : just saw it
[12:27 pm]
joeytsa : no prob elisha, sign up and
get the free weekly update…always a good
read/video
[12:29 pm] joeytsa :
missed a bit of a move on WDAY
[12:29 pm]
qwert : yes ARIA wa sgood
[12:30 pm]
sman : SHLD
[12:30 pm] joeytsa
: APPL bounce off pivots near $534 and
529.50
[12:31 pm] qwert :
SHLD
[12:32 pm] mikewd2 -: LCC
[12:33
pm] mikewd2 -: vol spike, but not big price
jump
[12:43 pm] sman : FLT
[12:52
pm] qwert : MCD
[12:57 pm]
joeytsa : Thanks Mitch,Ed,
everyone..have a great day, see you
tomorrow
[12:57 pm] Ed : c ya
joey
[12:57 pm] elisha : bye
joey
[12:57 pm] elisha : good night
Mitch, Ed and everyone
[12:57 pm]
taco : bye joey elisha
[12:58 pm]
taco : thanks Mitch Ed and all c you
tomorrow
[12:58 pm] elisha : bye
taco
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