Chat Highlights From 5/6/2011
Central Time Zone
13:40:35 Brent stochastics have already bottomed on the 3 min
13:40:09 Brent on XEC
13:40:04 Brent next support probably around 93, but I would keep my stop tight
13:22:42 MKing should go under $94
13:15:45 MKing XEC should give another SHORT
13:04:26 Kris as a swing I prefer to give these big drops a day or two to put a bottom in then start entering my swing.
13:03:42 Kris It depends on how it closes and how you feel holding things over the weekend. If I did, it would be a small position, then I could add to it on Monday.
12:34:51 Kris I think it could give a nice long but I would want to see a solid base
12:34:28 Kris next support XEC around 89
11:34:18 Kris my average was .97 randall
11:33:13 Kris stop last 1/4 under 37.97
11:32:56 Kris out another 1/4 SFY
11:26:19 Kris out half SFY long
11:22:38 Kris stop SFY under 37.65
11:22:07 Kris SFY long
11:17:05 Kris watching SFY for a long
10:41:12 Kris out all XEC SHORT
10:41:03 Kris next support 99
10:40:48 Kris look to tighten your stop if you're still SHORT XEC
10:39:28 Kris there she goes next support XEC 100.00 area
10:38:17 Kris look to take some more off XEC SHORT here, stop rest over 102.17
10:36:52 Kris if you were abe to get XEC SHORT look to take some off here, next target around 101 area
10:36:14 Kris SHORT second half XEC
10:35:23 Kris SHORT half XEC
10:34:10 Kris XEC resistance 104.85
10:31:35 Kris watching XEC for a SHORT
10:15:20 Kris it's trying to hold it's trend line here
10:15:00 Kris I might be interested in SHORTing MOBI up around 17.00 area
10:11:58 Kris out all MOBI long
10:10:11 Kris stop last 1/4 MOBI under 15.97
10:09:58 Kris out another 1/4 MOBI long
10:09:14 Kris nice quick SHORT rokh18, did you flip it long too?
10:08:11 Kris change that stop MOBI under 15.67
10:07:50 Kris stop rest MOBI under 15.73
10:07:37 Kris out half MOBI long
09:59:11 Kris no, I have my full position on MOBI. see if it holds .47 before adding if you started small
09:53:50 Kris out all ARMH
09:51:37 Kris MOBI long
09:49:16 Kris stop last 1/4 ARMH long under 29.37
09:48:55 Kris out another 1.4 ARMH long
09:08:26 Kris stop under 33.94 AVGO
09:08:06 Kris long second half AVGO
08:58:03 Kris if you got MNTA long, resistance around 17.80
08:54:03 Kris watching MNTA for a long
08:51:31 Kris watching ARO for a long
08:51:02 Brent nice Lightning
08:50:20 Brent consider reducing more KMX if still long
08:49:37 Brent SPRD looks dead
08:49:17 Brent WTW coming into resistance here
08:49:15 Kris DTV SHORT below 47.85
08:47:17 Kris stopped FCX will watch it for later
08:47:08 MKing watching WTW for bottom
08:46:09 Kris AVGO long half
08:44:54 Kris out all YOKU long
08:44:44 Brent tighten stop on KMX, needs to get moving
08:44:19 Brent next target 71.50 area
08:44:06 Brent consider reducing WTW
08:43:33 Kris stop KLAC under 45.45
08:43:18 Brent consider reducing SPRD
08:43:14 Kris long second half KLAC
08:42:53 Kris stop last 1/4 YOKU under 59.93
08:42:42 Brent watching WTW
08:42:40 Kris out another 1/4 YOKU long
08:42:29 Kris out half YOKU long
08:41:55 Brent reduce KMX if long
08:41:25 Kris YOKU long
08:40:23 Brent watching SPRD
08:37:22 Kris KLAC long half position
08:36:21 Kris stop rest ARMH under 28.95
08:36:03 Kris out half ARMH long
08:35:46 Kris stop FCX under 50.95
08:35:28 Kris FCX long
08:35:05 Kris watching MHS for a SHORT
08:33:23 Kris LRCX long
08:33:06 Brent watching KMX
08:32:42 Kris MOBI long over 15.55
08:22:02 MKing Six days ago, AGQ was $381.75
08:21:08 MKing if you want to visualize where AGQ could go, look at the daily a lot today, maybe have its own daily chart window full time
08:19:14 MKing i was mentally prepared that AGQ could have hit $150 but I thought the odds were fairly low. $165 makes sense but my guess is we can get around 178 to 180 sometime this morning
08:17:49 MKing i personally have not made the bulk of my purchase, only got 1/4th of long so waiting for a dip after market opens. I did not start trading during premarket because my back is injured, trying not to sit so much.
08:09:12 MKing looks like the AGQ had its bottom premarket at 165
13:42:36 RD great weekend to all. thanks for your wisdom
13:34:20 Jsn13 got 2 bucks from shorting XEC....nice one....
13:23:31 skydiver Yes --Thank Mitch as well on the XEC
13:15:41 skydiver Thanks to Kris and his calls --
13:15:13 skydiver thanks -- still learning -- but great day for me
13:04:12 Jsn13 ok im gonna call it a day.....thanks for all the fantastic calls....ended the day in green.....great improvement compared to yesterday....thanks TSA for the help....
10:43:14 stevemld XEC S 101.52 cover 99.22 great call Kris thanks again
10:41:49 skydiver Thanks Chris for XEC!!
10:41:14 rockstar Ecstacy on XEC $3.5...TY Kris!
10:39:51 Jsn13 covered at 100.66 shorted at 102.8....good call....thanks kris...
10:13:02 ScalpMan Excellent Kris on MOBI
10:12:48 stevemld Kris good trade MOBI
10:12:44 pow out of mobi with 1800 profit.....thanks KRIS
10:12:40 rockstar TY Kris for MOBI...followed your every move... Thanks again!
10:10:37 david Thanks Kris for MOBI $$$
09:07:00 observer Thx, Brent small profit on SPRD
09:02:38 fmattos all out ARO, 0.25 profit.. thanks Kris
08:58:42 skydiver L GMCR $72.40 - stopped out 73.82 Profit $1.42
08:51:33 candelas 1.6 percent as well wtw thx
08:50:43 Lightning all out WTW, up 1.6 percent. Thanks Brent!
08:48:48 Lightning WTW is fantastic. Nice call Brent!
08:23:48 rockstar Good morning Brent Kris and MK. TY for your help. It is much appreciated
08:22:51 PapaDoc Gm MK, Kris, Brent and TSA Gang from Mineola, TX. Lots of great teaching and examples yesterday. Thx everyone.