Chat Highlights From 6/13/2011
Pacific Time Zone
13:05:20 MKing good job guys
13:02:58 Brent lol rusty, nice
13:00:56 Kris goodnight everyone. see you tomorrow.
13:00:19 Brent have a great night everyone, see you in the morning
12:58:38 Kris see you tomorrow
12:58:34 Kris have a good one qwert
12:48:16 Kris but I pass here, will watch it in the morning
12:48:06 Kris if there was more time left I'd take soda long
12:45:38 MKing once in a while jammerp i use a tick chart, not very often. its easy to get confused on a tick chart, esp if you are displaying every single trade. what I do is minimize the size of a tick chart real small so it doesn’t create so much emotion
12:30:05 MKing CHTR was a fast one. I think Rusty was watching that earlier this morning
12:27:40 MKing CHTR dropping hard
12:25:31 MKing anyone still long AN?
12:22:57 Kris if you got AN long, coming into resistance around 32.00
12:09:15 Brent and I don't mean the salad
12:09:04 Brent only when they have all you can eat Junior
12:02:23 Brent your on a roll today Junior
11:58:05 Brent good one Kert
11:57:38 Kris watching AN for a long
11:52:20 Kris EYES.... TEST alert?
11:37:55 Kris out all THO short
11:17:23 Brent nice Candelas
11:14:30 Kris try ninja andrea
11:14:13 Brent consider closing SODA if long
11:13:08 Brent NT = Ninja Trader guyhal
11:10:22 Kris I mostly use IB with NT andrea
11:09:23 Brent SODA alert
11:06:50 Kris already hit it earlier babak, not looking here she broke trend over 42.00
10:59:53 MKing strong buying program
10:48:54 Kris great patience mikewd2
10:20:03 Kris stop last 1/4 THO short over 28.57
10:19:40 Kris out another 1/4 THO short
10:17:59 Brent I don't have a set percentage, I set my stop beyond the closest support or resistance area, then I move my stop as I scale out of a trade
10:16:32 Brent are you asking me craig?
10:12:54 Brent depending on your entry dan, you can stop at 9.32 or 9.42 and see if it can break $9.00
10:11:41 Brent ok dan, what's your entry?
10:05:29 Brent don't see a trade in WIFI right now Dan, do you have a position in it?
09:27:37 MKing new low of day on SP-500
09:18:06 Brent take care ScalpMan
09:05:28 MKing also PANL rebounding
09:05:22 MKing getting another rebound in MCP, ARUN
09:00:37 Kris looking to short a bounce in ROSE
09:00:36 Brent ask him, lol
09:00:24 Brent whenever fmattos quits selling stevemld
08:59:23 MKing new low of day on SP-500
08:45:44 MKing just kidding JR, lol
08:45:19 Brent great spot Junior, nice trade
08:44:43 MKing hey junior, you got to stop beating me; I had more words to type
08:44:19 MKing consider reducing XEC long position here 86.40 area
08:39:15 MKing watching PANL for bottom
08:35:52 MKing watching XEC, good eye junior
08:23:08 Brent nice mikewd2, going to test the low of day here on TRH
08:16:21 MKing QGEN, just hit 19.27, this is a good area to cover any short
08:08:15 MKing watching ARUN
08:05:52 Kris no qwert. I would stop over 29.62
08:03:55 Kris out half THO short
08:01:37 MKing JVA still viable short swing, maybe for 3-5 days hold time
08:01:16 MKing looking for $19.25 area for QGEN
07:50:45 MKing WLL bottoming
07:49:05 MKing watching for bottom in MCP for long
07:47:21 Brent consider closing FTO if still short
07:38:32 Brent I missed it scalpman, was looking for closer to 15.30 on FCS but consider reducing if long. hitting resistance here
07:29:37 Kris stop second half DANG long under 12.43
07:29:23 Kris out half DANG long
07:28:27 MKing should be stopped on QGEN, cancel short idea
07:27:51 MKing consider closing YOKU long
07:26:53 Kris SPY coming up on second test of hod
07:22:30 Kris DANG long
07:21:56 MKing YOKU finally bouncing, looking for 30.10
07:21:13 Kris out half NTAP short
07:20:59 MKing nice jsn
07:18:48 MKing if you have WIFI short, look for around 9.15 area to cover; be flexible on this price target
07:17:38 MKing watching WLL for bottom
07:15:14 MKing monitoring QGEN for possible short
07:14:45 MKing still monitoring YOKU for long
07:14:22 MKing RL, consider covering short here 121.30 area
07:12:31 Kris watching DANG for a long
07:08:16 Kris WHR long second half
07:07:59 Brent FTO I mean, sorry
07:07:58 Kris RLD long
07:07:52 Brent next target 29.70 area on FCS
07:07:41 Kris DIOD needs to break 22.30 soon or I'm out
07:06:51 Brent consider reducing FTO if short
07:05:52 Brent thx Terry
07:05:22 Kris SPY holding up, watch for new hod
07:04:23 Brent possible support 15.30 area on FCS
07:03:17 Brent watching FCS for a bounce
07:03:07 MKing watching GMCR for top
07:02:29 MKing MAKO short here, late to see, might way for rebound to 30.75
07:01:41 Kris THO short half position
07:01:14 Brent FTO acting strong, needs to lose 30.00
06:59:46 MKing watching for bounce in YOKU soon
06:59:22 Kris TIN short
06:58:37 Kris stop second half CMI under 93.95
06:58:10 MKing WIFI has 2.63 mil shares in float = very volatile
06:58:08 Kris out half CMI long
06:56:31 Kris DIOD long
06:54:22 MKing consider covering ANF short 65.50 area
06:52:20 Kris WHR long half position
06:51:31 MKing WIFI topping now
06:51:22 MKing watching WIFI for short
06:49:20 Kris watching DIOD for a long
06:48:53 Brent watching FTO for a short
06:48:04 Kris looking for a new lod in NTAP
06:47:48 Kris out all ZAGG long
06:47:26 Kris HOC resistance around 63.40
06:47:11 Kris watching HOC for a short
06:47:10 MKing ANF toppy
06:46:04 MKing RL topping
06:46:03 Kris out all CREE long
06:44:27 Kris AMRN long
06:44:23 MKing if anyone went long POT earlier, consider selling soon
06:43:56 Brent consider reducing NVLS buyout rumor, if you got it short
06:42:47 Brent POT buyout rumor
06:42:34 Kris stop CELG short over 58.55
06:41:44 Kris stop second half ZAGG under 12.26
06:41:21 Kris out half ZAGG long
06:40:40 Kris stop second half CREE under 39.43
06:40:14 Kris out half CREE long
06:39:52 Kris out all TRH short
06:39:22 MKing NVLS buyout rumor
06:38:44 Kris watching X for a long, support around 42.50
06:37:39 Brent NVLS takeover chatter
06:37:37 Kris CELG short second half
06:37:21 Kris CREE long
06:37:02 MKing POT bottoming now
06:36:35 Kris FDX long
06:35:45 Kris CMI long
06:35:04 Kris ZAGG long half position
06:34:37 Kris stop last 1/4 TRH short over 50.17
06:34:21 Kris out another 1/4 TRH short
06:34:07 Kris stop NTAP over 49.15
06:33:06 Kris CELG short half position
06:32:46 Kris NTAP short
06:32:22 Kris stop rest TRH over 50.66
06:32:18 MKing watching X for bottom
06:32:06 Kris out half TRH short
06:30:57 Kris TRH short
06:29:38 Kris good morning traders
06:26:09 MKing we think so Lightning
06:26:04 MKing hi mikewd2
06:25:09 Brent welcome to the room jtrade, stock ideas will be posted in TSA comments box. Stock box in upper left is currently not being used.
06:20:18 Brent good morning everyone
05:51:55 MKing Hi guys. We aren’t quite ready for the new Trading Room platform, should be next 1-2 days.
12:59:33 stevemld good calls everybody hope everyone made a positive out of a flat day tomorrow
12:58:20 jjammerp dinner is on me if we ever have the pleasure to meet
12:58:17 qwert Have a great night everyone, see ya in the am
12:58:12 craig anyone go long CHTR?
12:55:57 junior just don’t call me late for dinner
12:54:05 jjammerp junior is on fire today. gonna call him senior.
12:53:50 rusty AN lod
12:52:37 jjammerp I did, it’s just new for me, truly timing things to the clock psychology. It’s helped me, thanks!
12:52:22 candelas it will come with practice Qwert. Studying the pattern, etc. 6 months back I used to get stopped out of these but very rare now.
12:48:16 stevemld looking for lod on SINA don’t think it’s gonna make it
12:48:03 jjammerp Thanks. I think I will try the alerts with the 1 mint next to the 25 tick bar chart. 25 Tick bar chart gives a nice visual on the indicators in Tradestation.
12:47:54 candelas dang is down 18 percent
12:46:54 candelas Hey Qwert do u look at the daily as well on ones like chtr to see where support is?
12:40:28 jjammerp MK, on fast ones like CHTR do you recommend using the tick chart?
12:38:35 candelas my mistake I did get second fill duuh that’s why my average was 53.69
12:37:32 jjammerp same problems qwert, i usually stand aside, been stopped too many times.
12:37:27 qwert if you don’t mind can you tell me your entry prices and original stop? So I can study
12:37:23 candelas except on chtr I did not get my second fill.
12:36:17 candelas yes. And on the fast ones my buy order is split up as well.
12:35:25 jjammerp on the alerts, do you guys use the tick or the 1 min?
12:35:06 qwert Are you treating it like a 1 min. fade, the fast ones are always so hard for me
12:34:14 candelas yes on the 1min
12:33:46 qwert Candelas- did you trade chtr on 1 min. chart?
12:32:23 candelas avg. chtr 53.69 out 54.72
12:31:58 hguru TEVA dropping
12:31:16 candelas out all chtr 54.72
12:31:15 rusty keyword = this morning - took my eyes off ball
12:26:44 Lightning watching AL
12:26:05 observer Good trade, mikewd2
12:24:31 mikewd2 sold AGQ 166.66
12:23:47 rusty JOBS and GAGA lod - always wanted to say that
12:23:35 fmattos Watch out AGQ..... it could rop below LOD
12:16:15 junior watching CTRP
12:13:50 mikewd2 AGQ L 165.28
12:10:04 baz6308 you folks have to come to the windy city for some serious steaks SIZLER? gime a break!
12:08:42 stevemld AGQ nearing support level again
12:08:23 junior Sounds good Kevin5, we can meet Brent at Sizzler
12:08:04 kevin5 Of course, God only knows what I will owe Kris, Mitch and Brent.
12:07:31 kevin5 Junior that is funny...I owe you a steak dinner today for sure. AN was a beast.
12:02:00 observer Thx, junior, Kris for AN, L 31.15, sold 31.49
11:56:43 candelas as they say let it work until it does not work.
11:54:50 junior watching AN
11:54:46 Derns Got it...I do like tracking both off of SLV as well...slower movements and seems like it tells me about the moves on AGQ and ZSL before they happen...maybe my imagination.
11:53:19 candelas they are, but it has helped me with my timing on entry and exit, maybe cuz I have a strange way of seeing things.
11:52:08 Derns Stevemld and Candelas..I thought ZSL and AGQ are leveraged differently, although ZSL tracks the movement downward on silver and AGQ tracks the upward movement...different leverage amounts. Let me know if you think I am incorrect. FWIW...I track both AGQ and ZSL off of SLV..it helps me see a slower moving chart.
11:50:45 candelas it helps me with timing since agq is sooo sporadic
11:49:38 candelas zsl is the inverse.
11:49:13 stevemld SINA spiking again
11:48:28 candelas correct
11:48:27 EYES -USE- A- STOP TEST alert
11:48:17 VANS Soda was great trade, thanks
11:48:10 stevemld ZSL is inverse right.
11:47:27 mikewd2 mcp recovered almost 3 bucks from its low
11:47:14 stevemld good idea candelas
11:46:16 candelas Stevmld, whenever I trade agq I have the zsl chart directly beside it.
11:44:58 stevemld stopped AGQ 167.01 watch for another S entry
11:44:04 rusty PPT radar
11:42:19 stevemld if AGQ breaks this 165.80 support could fall big-time
11:40:52 mikewd2 mcp coming back, hope to break even today
11:38:47 stevemld out half AGQ S 166.50
11:19:12 mbear great call SHLD junior
11:17:48 candelas thank you Brent and Jr.
11:16:04 candelas soda in avg. 54.26 out at 55.66
11:14:53 candelas soda plus 1.4
11:13:55 andrea to scalping
11:13:51 andrea good...i have ib but with only ib its impossible
11:09:15 junior SODA
11:08:32 rusty OII bounce
11:07:49 andrea kris wich platform or broker you use to trading?
11:07:28 babak thanks, Kris
11:05:46 babak Kris, are you still looking for a bounce to short ROSE?
11:02:14 mikewd2 mcp popping
11:01:07 junior SHLD
10:49:11 mikewd2 thanks
10:49:05 ron ORS, good call
10:48:54 junior Way to hang in there on DIOD mikewd2, good patience
10:47:25 mikewd2 sold DIOD at 22.75
10:44:30 mikewd2 still long on DIOD at 22.24, time to dump?
10:31:40 rusty OII trying to bottom
10:26:38 craig yep. I’m just watching now
10:26:35 stevemld SINA has spiked too
10:23:18 stevemld good job craig
10:21:33 craig went long AGQ 165. out at 167. thanks stevemld
10:18:28 craig ok thx
10:17:07 candelas out of tna plus .48
10:17:01 craig yes. for a scalping trade
10:15:18 craig that’s 1/2 percent
10:14:57 craig What kind of stop loss do you normally set on your trades? 1/2?
10:12:47 stevemld AGQ dropping faster now
10:04:11 dan your opinion on WIFI Brent?
10:04:11 dan your opinion on WIFI Brent?
09:58:29 Lightning covered 1/2 TIN short 29.21
09:56:51 Reacher Thanks guys. See you in the a.m.
09:55:12 rusty OII radar
09:47:30 rusty CHTR breaking below its 50dma
09:40:00 gecko good luck guys............when the going gets tough the tough go boating. be back later
09:31:00 jjammerp Farley is the last name
09:29:01 jjammerp a few chapters of Master Swing Trader
09:28:20 gecko what did u read
09:27:54 jjammerp Gecko, did some good reading on time of day this weekend. It has helped. 4/4 today, based on time of day
09:17:51 ScalpMan Time to go...positive day...see you in the last hour...Thanks TSA for excellent ideas.
09:15:45 rusty 2.5M shares outstanding
09:15:20 rusty ORS radar - it’s very thin - not for the faint of heart
09:14:24 gecko ors 666
09:13:15 stevemld im looking for an excuse not to get in D lol hoping it gets down near previous lows
09:11:05 diadora Steve, If you are looking for an excuse to get in earlier, the 200 ema is a full 10 points higher.
09:04:57 stevemld yeah see that observer thanks I will Delhi
09:02:44 mbear RIMM
09:02:20 DELHI Stevmld, pls. lets know when you go long on AGQ
09:02:18 observer stevemld, 200dma is 157.43 Also a gap to fill in the same vicinity
09:01:04 stevemld give me a heads up fmattos
08:59:13 stevemld anyone have any idea where AGQ might bottom for a L entry
08:59:07 Jsn13 The rebounds are mostly weak....got stopped out a lot...
08:50:14 junior Your welcome everyone who got XEC, glad it worked into a good one
08:49:54 mikewd2 covering TRH short at 48.70, nice pick guys thanks. first trade in here.
08:48:07 qwert junior- thanks xec
08:46:37 kevin5 Thanks for XEC junior.
08:44:04 junior out XEC 86.41
08:43:55 kevin5 Great trades guy...thanks
08:32:23 junior XEC
08:31:41 jjammerp anyone RLD long here?
08:29:06 mikewd2 some negative news on TRH merger, maybe good for the short
08:28:38 EYES -USE- A- STOP MKING is Shorting JVA here 13.79 still a good Swing
08:22:15 cdts FCS for long
08:22:10 mikewd2 shorted at 50, nice drift down all morning
08:21:28 mikewd2 anyone still in short of TRH
08:20:38 mikewd2 almost even, will watch for small profit
08:19:55 mikewd2 diod finally moving up
08:19:05 observer All out DIOD 22.05 and it just jumps!
08:16:49 rusty = 54.45
08:16:36 rusty QQQ sitting right above its 200d ma
08:13:19 mbear MOS
08:12:10 mikewd2 mcp moving up
08:06:31 mikewd2 DANG L 11.85
08:06:19 qwert Thanks Kris
08:04:55 VANS cat is interesting
08:04:30 qwert Kris- do you still have TIN short, stop?
08:04:08 mikewd2 DANG at yearly low
08:02:20 Lightning no JVA at Lightspeed. :(
07:59:12 MRIguy Out WLL 56.20 and 56.14. Thx.
07:56:07 gecko wll nice thank Mitch
07:54:05 MRIguy WLL long 55.98
07:52:51 toptrade long dang 12.06
07:41:41 jruiz SINA
07:40:56 babak LVS support around 38.54
07:39:36 ScalpMan Brent: I am watching FCS...Maybe L if 15.75
07:36:23 babak watching LVS
07:33:00 skydiver Bought Dang Long 12.48 sold 12.64
07:31:53 MRIguy Out 1/2 DANG 12.60 2nd 1/2 stopped out 12.43.
07:27:58 mikewd2 DANG L 12.48
07:24:20 MRIguy Long DANG 12.50
07:23:48 Lightning L DANG 12.53
07:21:16 Jsn13 Thanks for the alert...
07:20:01 Jsn13 shorted WIFI at 9.80 and covered at 9.425 juz now....
07:06:01 observer sld partial DIOD at 22.19
07:04:58 Terry fcs price target lowered to 17 from 28 today
06:59:22 mikewd2 DIOD L 22.24
06:53:47 observer Ddiod, L 22.05
06:50:17 gecko new lod ntap
06:50:01 MRIguy Out 2nd 1/2 POT long at 55.93. Thx Mitch!
06:48:39 joien short pot
06:46:25 MRIguy Out 1/2 POT L 55.12 to 55.80
06:46:22 observer that was plus .25 pts.
06:45:43 observer Thx, Kris, CMI .25
06:25:50 mikewd2 I just joined this weekend, so I’m new also
06:23:09 jtrade Morning, I’m a Newbie to TSA-TR
06:04:26 Lightning TBL: VF Corp. to acquire The Timberland Company for $43 per share
06:03:30 baz6308 does anyone know why TBL is up 12.0 this am.