Chat Highlights From 6/6/2011
Pacific Time Zone
13:00:38 Kris goodnight everyone. great job today. see you all back here tomorrow
12:58:45 Kris see you tomorrow Staz and stevemld
12:47:27 Brent I'm heading out. Have a great night everyone, see you in the morning
12:37:55 Kris have a good one qwert! see you tomorrow.
12:30:08 Kris good to hear! talk to you soon!
12:29:43 Brent have a good one
12:29:39 Brent awesome job kevin5
12:29:09 Kris how did you do today Kevin?
12:27:58 MKing watching LVS for bounce but getting late in day
12:21:30 Kris watching YGE for breakdown tomorrow
12:16:58 Kris same with BLL, looking for possible short tomorrow
12:16:20 Kris will be watching ACE for a possible short tomorrow
12:12:59 Kris getting late in the day
12:09:26 Kris good job for those that got it around 16.50
12:09:12 Kris I'll usually post my entry but Mitch distracted me on this one
12:08:33 Kris jc941, it means I'm watching for a long trade usually within 3 to 5 minutes
12:08:07 Kris AMRN coming into resistance here
11:54:50 Kris watching AMRN for a long
11:09:51 Kris stop last 1/4 SPRD under 16.64
11:09:38 Kris out another 1/4 SPRD
11:09:03 Kris out half SPRD
11:06:06 MKing AMRN looks like it is done going up
11:04:38 Kris first target for me on this around 1% fernando
11:02:19 Kris looking for 16.75 in SPRD, probably going to be a slow mover
11:01:21 Kris SPRD long
10:46:23 MKing watching AMRN for a long\
10:41:05 Kris yes baz
10:40:50 Kris what's your entry in MELI AJ?
10:22:41 Kris I'm also out REDF short and FTNT long
10:21:45 Kris if anyone is still in PLCM, look to take some profits here and stop rest under 60.94
10:20:44 MKing were you guys locked out, users?
10:18:24 MKing all 5 of us were locked out
10:18:23 Kris is anybody out there?
10:18:23 Kris is anybody out there?
10:18:16 Brent test
10:18:15 MKing did you guys ever lose access to the TR, we just got back in
10:18:13 Kris test
10:18:00 MKing test
08:42:27 MKing LVS topping,
08:42:13 MKing could break below $7
08:41:59 MKing let ZN drop lower than 7.10 target
08:38:45 MKing watching LVS to close long scalp
08:38:30 MKing be flexible on the ZN target i posted, as always, it may not be exactly that price; your final determination is how its acting
08:37:54 Kris out half FTNT long
08:36:53 MKing looking for around 7.10 on the ZN short
08:36:39 MKing yeah fmattos, mentioned the STKL short 2 min after opening, good job
08:30:56 Brent basically guyhal, I see CYH could go either way. I watch for certain criteria that give me the highest probability on a trade. CYH doesn't match any of my strategies right now, so I won't go long just because I THINK it looks strong. I trade what matches my rules, not what "looks good"
08:30:54 Kris I don't understand the question safe
08:30:48 Kris senier
08:30:42 Kris cdd os the sinier is avl?
08:28:42 MKing watching ZN for a short
08:27:17 Kris since we started, safe
08:26:56 Kris I still like PLCM scalpman
08:26:14 Kris if anyone had questions for me over the last 5 minutes please repost.
08:25:53 Brent risk to reward not good in my opinion here guyhal on CYH
08:25:48 Kris I'm back. having problems with my connection.
08:24:29 Brent right, nice work Scalp
08:23:18 Brent lol
08:23:13 Brent I'll pass on that idea ScalpMan, CYH looks strong
08:06:05 MKing these financial stocks like JPM or COF tend to trend up more than a quick spike. SP500 has bounced but not sure if its just a spike or reversal of trend
08:04:57 Kris lol
08:04:42 Kris post your entry next time gecko
08:03:51 Kris long first half MELI
08:03:07 MKing EXEL should give a decent short on top of this bounce
08:02:52 MKing consider selling EXEL here $9 area
08:01:40 Brent tighten stop on remainder of CYH if still long, see if it can break over 25.40
08:00:01 Kris I'm out MELI looking for a better spot
07:59:56 Brent reduce more CYH here
07:58:06 Brent next target 25.30 area on CYH
07:57:24 Brent Consider reducing CYH here if long
07:53:57 Kris MELI long half position
07:52:47 MKing BAP bouncing, consider covering
07:51:58 MKing monitoring LVS for another bottom
07:50:59 Kris SPY double bottom
07:50:18 Kris watching EXEL for a long
07:50:15 MKing watching EXEL
07:48:46 MKing consider covering LIFE here 50.98 area
07:47:50 Kris BAP still coming down
07:47:47 MKing looking for $88 area on BAP to cover most of short
07:46:36 Kris stop last 1/4 RIG over 66.07
07:46:20 Kris out another 1/4 RIG short
07:46:15 Brent watching CYH for a long
07:46:06 Brent watching CYH
07:45:29 Kris watching MELI for a long
07:45:04 Kris out half SMG short
07:42:51 Kris going to try to get out of this woof short. went from thin to anorexic
07:40:10 MKing good fmattos, that’s one way to trade SNOFF
07:40:10 Kris out half RIG short
07:38:46 Kris I don't see a trade in YOKU here
07:38:43 MKing SP-500 turning over, previous bottom probably holds
07:38:20 MKing looking for over $10 the next couple days on SNOFF, could build some momentum the next week or so and go much higher. Keep it a small position
07:37:18 Kris stop last 1/4 LIFE under 50.94
07:37:04 Kris out another 1/4 LIFE long
07:36:34 MKing did anyone buy SNOFF long and still has it?
07:36:10 MKing LIFE: Thermo Fisher, Life Tech drop out of Gen-Probe auction, WSJ says citing sources
07:35:33 MKing that was not a philosophy statement
07:35:33 Kris out half LIFE long
07:35:13 MKing watching LIFE
07:34:55 MKing COF has a tendency to move up a lot more than most stocks
07:33:26 Kris test
07:32:11 Kris LIFE long half position
07:31:49 MKing consider closing MOS
07:31:41 Kris if you got BAP short look to cover some here around 90.00 support
07:31:25 MKing looking for $42 area for LVS
07:30:49 MKing consider closing HAL
07:30:26 MKing consider closing PNC
07:30:22 MKing the bounces in stocks probably get some selling, consider capturing some profit on this first bounce and look for 2nd entry to go long later
07:29:17 MKing GPRO: Gen-Probe downgraded to Neutral from Overweight at JP Morgan
07:28:06 MKing watching GPRO
07:21:54 MKing HK looks like bottoming
07:21:27 MKing watching for bottom in HAL
07:20:32 MKing BAP dropping from top of bounce, still more profit potential
07:20:17 Kris RIG short
07:19:56 Kris watching QIHU for a long
07:18:55 MKing new low on SP 500
07:17:51 MKing watching UAL for bottom
07:15:46 Kris short second half SMG
07:15:19 MKing PNC bouncing, late to see, still should bounce
07:14:20 MKing stocks should have good bounce today
07:14:09 MKing consider closing CCL short,
07:10:01 MKing watching for bottom in MOS
07:07:53 MKing new lows on SP500
07:06:38 MKing monitoring WHR, may drop quite a bit more
07:05:54 Kris SMG short half position
07:05:30 Kris watching for a short in BAP
07:05:25 MKing not sure if i posted ERTS as short but consider covering here 24.12
07:04:44 Kris SPY new lod
07:04:25 Kris out C long
07:02:49 Kris stop last 1/4 RIMM over 38.17
07:02:20 Kris out another 1/4 RIMM short
07:01:46 Kris C long
07:01:19 Kris SPY trying to hold
07:01:17 MKing watching for bottom in CVS
07:00:27 Kris WOOF short half position
07:00:10 MKing JPM bottoming
06:59:04 MKing watching HK for bottom
06:58:35 Kris look to cover QIHU short here or tighten stop
06:58:23 MKing watching LVS for a bounce
06:57:46 Kris out all DANG short
06:56:27 Kris QIHU still dropping
06:56:17 Kris sorry bert
06:56:08 Kris watching C for a long, good eye safe
06:55:28 Kris DANG new lows
06:55:08 Brent watching C
06:54:47 MKing watching for bottom in COF, watching to see if bounces off $50
06:54:46 Kris FTNT long
06:53:17 MKing watching MELI for long entry
06:52:38 MKing consider covering JBL
06:52:12 Kris UTHR first target 60.95
06:51:51 MKing looking for short in ERTS soon
06:51:39 Kris SPY new lows
06:51:15 Kris look to take some more profit in QIHU short here and move stop on last piece
06:50:58 Kris QIHU new lows
06:50:22 Kris YOKU long
06:50:08 Kris stop UTHR below 59.36
06:48:49 Kris REDF short half position
06:45:43 Kris target PLCM 61.60
06:45:32 Kris PLCM consolidating, looking for a new hod
06:44:51 Kris watching SEE near 22.00
06:44:27 Kris out all DRI long
06:43:55 Kris SPLS short below 15.66
06:43:21 Kris out half RIMM short
06:42:59 Kris then see if QIHU can make a new lod
06:42:49 Kris look to cover some QIHU short here at support around 22.50
06:42:35 MKing looking for short in JBL
06:42:14 Kris PPL short below 27.40
06:41:39 Kris UTHR long
06:41:24 Kris stop last 1/4 DANG short over 17.13
06:41:12 Kris out another 1/4 DANG short
06:40:58 MKing looking for short in CCL
06:40:58 Kris RIMM short
06:40:34 Kris MU buyout rumor
06:40:04 Kris watching LO for a long around 100.00
06:39:03 Kris stop rest DRI long under 48.74
06:38:46 Kris out half DRI long
06:36:05 Kris watching VZ for a long
06:35:42 Kris if you can get QIHU short, start with half
06:35:27 Kris QIHU short
06:34:44 Kris DRI long
06:34:12 Kris out half DANG short
06:32:45 Kris PLCM long half position
06:32:21 Kris see if DANG can lose 17.00
06:32:15 MKing watching STKL for short early
06:30:38 Kris DANG short
06:28:41 Kris 2 minutes. stay focused and try to save your questions until after it slows down. Let's Rock!
06:24:37 Kris the stock box will be used for swing trade ideas
06:24:24 Kris for those new to the room, make sure you watch the TSA comments box for intraday trade setups and commentary
06:23:57 Kris welcome to the room Chromepez
06:23:49 Kris this morning I'm watching ENOC, AMED and UTHR
06:21:32 Kris good morning traders
06:21:17 Brent good morning everyone
06:19:37 MKing Remember the huge drop in SNOFF on Thursday and Friday...... from $18 to a low of $2.45 on Friday? A lot of articles over the weekend explaining and defending the company's assets are real and Muddy Waters Research report are false. The articles look credible and my guess is SNOFF is heading up for days, substantially higher. Don’t get heavy, keep it small incase another shoe drops
13:01:31 jjammerp Kris, I am amazed at how fast and many trades you can take. good job.
13:00:56 Lightning Thanks TSA and everyone. See you tomorrow
13:00:42 observer See you, Kris, traders. (MK if you’re still here.
12:57:41 stevemld nice day guys see everyone tomorrow thanks for all the good ideas
12:57:11 Staz Mitch and Team, thanks also for sending out the e-mail notification regarding the trading room technical probs. It helped from spending time trying to troubleshoot whether it was an issue with my ISP/PC etc.
12:48:08 observer see you, Brent
12:47:41 candelas see ya Brent
12:47:35 gecko good job scalp i am done hope you got some tomorrow I am all over lo
12:44:28 candelas with all that is going on in the world, we may have a more volatile summer than normal
12:39:15 RD goodnight to all. Thanks, and see you in the am.
12:38:30 qwert you to Kris- good day today 6 winners 2 losers
12:36:52 candelas take care Diadora and Qwert
12:36:48 qwert no apologies necessary. thanks
12:36:24 fmattos Anyone keeping a piece of SNOFF for swing?
12:36:08 candelas my apologies. Will send this eve Qwert
12:35:52 qwert Goodnight everyone Dr. appt got to go. see ya in the AM
12:35:28 fmattos WFT 18.53 out 18.73... 0.20 cents... drop in the bucket
12:34:07 qwert Hi Candelas- did you get a chance to send that email?
12:33:53 diadora fantastic candelas. My best trade today was GPRO. Thanks again. See you all tomorrow.
12:32:54 candelas think I may be done unless get a high probability trade. 10 winners and 3 losers
12:31:48 gecko thanks everyone for your help.
12:31:22 gecko .10 lvs thanks Mitch
12:29:30 kevin5 Getting the hang of it now
12:29:22 kevin5 GREAT!!
12:28:57 kevin5 Great job guys...see you tomorrow
12:23:34 Lightning Kris, thanks for the heads-up on ACE, BLL, YGE.
12:22:58 candelas never mind those came from me. LOL
12:20:22 candelas thx for exxi and bap also
12:19:57 rusty quite oversold on daily chart
12:19:46 rusty NWL might be worth watching
12:13:08 max gecko are you saying the time of on the hour is significant?
12:12:03 ScalpMan WFT looks good on the chart, but there is little money in it. It would have to move a large distance to make 20c...
12:10:04 fmattos WFT
12:09:21 jc941 thanks Kris!
12:07:50 candelas thanks Krissy for amrn 2x today
12:07:20 ScalpMan All out AMRN...good one Kris...thanks.
12:05:48 mando jc941-- means that Kris is watching the charts for volume and direction to line up for a good entry point to go long on AMRN. You can watch & make your own decision also
12:05:20 jc941 thanks gecko!
12:04:36 ScalpMan Out 1/2 AMRN
12:04:13 ScalpMan L AMRN 16.40 (late to post...sorry)
12:04:12 gecko buy long as opposed to short
12:04:02 gecko jc941 means he is waiting for an entry point to go long
12:01:59 jc941 what is watching amrn for a long mean?
11:42:20 ScalpMan Might not happen till tomorrow!
11:42:02 ScalpMan Gecko, I put an alert on at 100.10 and 100.60
11:38:55 gecko drop in the bucket
11:38:38 ScalpMan I didnt get in as early as you, made 19c.
11:37:09 gecko glad u made money scalp
11:35:45 gecko stopped out for .49
11:35:41 ScalpMan stopped...LO small profit.
11:34:33 gecko i am going to keep moving my stop we will see
11:33:39 ScalpMan gecko L 101.90 target on LO?
11:29:26 gecko moving stop up to .29 on lo
11:26:49 gecko long LO
11:17:02 ScalpMan All out SPRD on the last stop 16.67
11:12:09 ScalpMan Kris...when you took that 1/4 on SPRD was it a market or limit?
11:11:08 gecko meli moving
11:08:21 ScalpMan Out 1/2 SPRD
11:05:13 gecko sprd for .1 thanks Kris
11:03:39 fmattos Only 0.23 cents from its low Kris?
10:59:52 AJ 84.12 long for Meli
10:59:31 ScalpMan Mitch...yes around 10:45 the connection was lost...I could not re-logon..looks like you were down for 1.5 hours
10:55:58 diadora yes, I was locked out, just checked in again and got on.
10:44:03 baz6308 sp testing lows again
10:42:26 swede I just got back in. Locked out. Thanks for the email, Mitch. Thought it was on my end.
10:40:52 baz6308 r we back to normal?
10:37:59 AJ I am in Meli and HK
10:36:56 southernky test
10:34:52 yolanda lol
10:34:21 LisaS In my dreams
10:33:59 candelas that means your getting younger LisaS
10:33:22 LisaS Now that I’m back, time to go, last son turns twenty today, off to do birthday stuff Thanks everyone!
10:31:09 fmattos Lost connection, now back
10:30:53 Sarge Yes, out, but back now thanks to qwert...
10:29:14 Spatz13 Me too!
10:29:06 krock same here
10:28:29 observer I was locked out too.
10:25:49 judyp lost access
10:22:35 gecko just got back now
08:42:29 ScalpMan Still a good profit....
08:42:21 ScalpMan All out ZN...oops
08:37:06 ScalpMan Thanks Mitch ZN
08:36:58 mbear GPRO second helping?
08:36:35 ScalpMan out 1/3 ZN
08:36:29 ScalpMan S ZN @ 7.62 avg
08:32:18 fmattos Hey guys I shorted STKL this morning from 8.5 to 7.8. The stock spiked during the pre-open based on bullish comments from Crammer...Dons know if Crammer comments are as reliable as SeekinAlpha...
08:26:44 guyhal Brent if you have the time can you expand on your CYH answer
08:26:09 ScalpMan Kris...thoughts on PLCM
08:25:27 ScalpMan I’ve been L PLCM @ 61.10
08:25:00 ScalpMan PLCM moving up
08:24:46 guyhal why not long CYH
08:23:56 safe Kris how long are u in the room already?
08:23:34 ScalpMan Great minds...!
08:23:09 ScalpMan No...CYH looks strong...
08:22:13 ScalpMan Brent...CYH good for a Short here?
08:20:48 stevemld BAP dropping
08:19:38 ScalpMan All out GPRO
08:19:31 ScalpMan Tightening stop on GPRO...
08:18:37 ScalpMan Stopped on Meli
08:16:49 ScalpMan GPRO target 74.05 50 ema
08:16:03 ScalpMan Out 1/2 GPRO
08:16:03 ScalpMan Out 1/2 GPRO
08:15:27 candelas nice Diadora
08:15:22 ScalpMan GRPO target 73.73
08:14:53 diadora candelas, thx for gpro. Finally got one of those race cars going the right way! Got long shortly after your alert at 73.23 and scalped it for 1.51. Now Im in a very small position for a swing.
08:14:19 jruiz still in CYH at 24.68
08:13:01 ScalpMan L GPRO @ 72.92 stop @ 71.91
08:12:55 jruiz EXEL in 8.36 out 8.72
08:08:20 ScalpMan MELI L avg 83.66
08:02:40 ScalpMan All out EXEL thanks Mitch...
08:01:41 ScalpMan Entered at .47 EXEL L
08:01:22 ScalpMan 1/4 ExEL L remaining
08:00:36 ScalpMan All out CYH ...nice one Brent
07:58:58 candelas in exel 8.41 out 8.92
07:58:10 junior Good call CYH Brent, I missed it but nice bounce!!
07:53:30 suzie JOYG upgrade by GS
07:52:32 Reacher Mitch, you’re thinking EXEL bad news overblown?
07:47:55 stevemld BAP cover half 89.20 covered rest 88.90 good call Kris
07:43:31 fmattos Thanks Mitch
07:41:25 gecko out smg .12 will reenter
07:41:14 judyp bought snoff 7.75
07:40:35 toptrade snoff--sold long from Fri. 5.35, sold at 8
07:39:27 fmattos I bought it at 7.65 and sold at 8.29
07:37:56 Sonic Kris YOKU? advise
07:36:08 ScalpMan Out 1/2 BAP
07:33:20 toptrade long tfm
07:32:49 locker29 lvs long
07:27:24 ScalpMan Out 2/5 MOS
07:23:42 junior out C long 38.65
07:20:14 gecko smg nice Kris
07:17:17 candelas out of lo 100.98 to 102.675
07:16:48 junior out DWA long 22.57
07:06:43 observer Stopped out GT 16.29
07:02:52 gecko out cof
06:57:31 junior DWA long
06:57:19 gecko s cof
06:55:42 safe c long
06:51:45 observer Long GT 16.43
06:50:53 gecko sina
06:50:08 ScalpMan Out SCCO small loss..
06:46:07 safe target on uthr stop?
06:39:33 ScalpMan SCCO L @ 31.66
06:31:46 rusty OXGN radar presenting today
06:22:49 Chromepez Hi all. This is my first day on this site. Any help would be appreciated. Chris