[06:57 am] Mitch K: from $3.50 to 8.35
area
[06:19 am] Ed : good morning
traders
[06:28 am] Ed : VMW should give
some good trades
[06:30 am] Mitch K:
watching DDD for bottom
[06:30 am] Mitch
K: watching RHT for bottom
[06:31 am]
Mitch K: watching CAT for trending
up
[06:31 am] Mitch K: watching HOG for
top
[06:31 am] Mitch K: watching PCL for
top
[06:31 am] Mitch K: watching VLO for
top
[06:31 am] Mitch K: watching ITW for
bottom
[06:31 am] Mitch K: watching OLN
for bottom
[06:31 am] Mitch K: watching
CTXS for bottom
[06:32 am] Mitch K:
watching TXN
[06:32 am] Mitch K: watching
FTNT for bottom
[06:32 am] Mitch K:
watching WDC for bottom
[06:32 am] Mitch
K: watching LXK for bottom
[06:32 am]
Mitch K: watching X for trades
[06:33 am]
Mitch K: watching KERX for top to
short
[06:33 am] Mitch K: monitoring ORLY,
same sector as AAP
[06:33 am] Mitch
K: watching SANM for bottom
[06:33 am]
Mitch K: watching AAP for bottom
[06:33
am] Mitch K: watching FSLR for bottom, take
time
[06:34 am] Mitch K: watching TUP for
top
[06:34 am] Mitch K: watching IRF for
trades
[06:34 am] Mitch K: watching SWI
for bottom
[06:34 am] Mitch K: watching
IDXX for trades goth ways today
[06:35 am]
Mitch K: watching QLIK for bottom
[06:35
am] Mitch K: watching WERN closer
[06:35
am] Mitch K: watching CE for bottom, missede
top
[06:35 am] Mitch K: watching
PSX
[06:35 am] Mitch K: watching GNTX for
top
[06:35 am] Mitch K: watching WERN for
bottom
[06:36 am] Mitch K: watching RKUS
for bottom
[06:36 am] Mitch K: watching
WDAY here, bottoming
[06:36 am] Mitch K:
watching DLR for bottom
[06:36 am] Mitch
K: watching PAY for bottom
[06:37 am]
Mitch K: watching HES for trades both ways
today
[06:37 am] Mitch K: watching FB for
bottom
[06:37 am] Mitch K: watching VRX
for top
[06:37 am] Mitch K: watching LYB
for top
[06:37 am] Ed : SPY new
hod
[06:38 am] Mitch K: watching home
builders: BZH, LEN, DHI, PHM, KBH, TOL
for top
[06:38 am] Ed : monitor AAPL for
potential long see if can hold 454 area or
453
[06:39 am] Mitch K: watching AMZN fo
rbottom
[06:39 am] Mitch K: more upside on
our old favorite, DDD
[06:39 am] Ed : AAPL
is for advanced traders
[06:39 am] Mitch
K: KERX hot from yesterday, top here, be
nimble, repeated trades today
[06:40 am]
Mitch K: watching PNR closer
[06:41 am]
Mitch K: watching VAR for bottom
[06:42
am] Ed : missed breakout in CTXS has room to
run monitor @near 70.95ish area for potential
short
[06:43 am] Mitch K: consider selling
GNTX
[06:43 am] Mitch K: TUP
toppy
[06:43 am] Mitch K: more upside on
DLR
[06:43 am] Mitch K: watching CE for
2nd short here, late
[06:44 am] Mitch K:
watching RHT for short on top of this bounce
soon
[06:44 am] Mitch K: consider reducing
PAY
[06:45 am] Mitch K: watching RAX for
bottom
[06:46 am] Mitch K: watching VMW
for trades both ways, use 2 min on Lightning
today
[06:46 am] Mitch K: watching THC,
TEnet Healthcare for bottom
[06:47 am]
Mitch K: skydiver special on CVLT
[06:47
am] Mitch K: watching CVLT for
microshort,
[06:47 am] Mitch K: FSLR
bottoming
[06:48 am] Mitch K: watching ITW
for bottom
[06:48 am] Mitch K: watching
WRB for bottom
[06:48 am] Mitch K:
watching PCL for bottom, take time
[06:49
am] Mitch K: watching CL 03-13 for
bottom
[06:50 am] Ed : SPY new
hod
[06:51 am] Mitch K: consider selling
most of DLR
[06:51 am] Ed : .
[06:52
am] Mitch K: watching BIDU for
bottom
[06:52 am] Mitch K: more upside on
PNR long; watch this for top to
short,
[06:52 am] Ed : monitor ALXN for
breakdown for potential short with strong
vol
[06:52 am] Mitch K: STX
bouncing
[06:52 am] Mitch K: watching HES
for long
[06:53 am] Mitch K: watching CTXS
for top to short
[06:53 am] Mitch K:
watching CLF for top
[06:56 am] Mitch K:
missed ASH bottom but watching for top to
short
[06:57 am] Mitch K: KERX trending up
but daily chart cant support continued run,
over 100% gain in 2 days
[06:57 am] Mitch
K: CTXS top
[06:59 am] Mitch K: CLF
top
[07:00 am] Ed : alert agnc
[07:00
am] Mitch K: CE turned over, too late for
short, try 48.20+
[07:00 am] Mitch K: WERN
top, PAY top,
[07:00 am] Mitch K: RHT
turning over
[07:00 am] Mitch K: consider
selling QLIK
[07:01 am] Mitch K: watching
RAX for 2nd chance bottom
[07:03 am] Mitch
K: more downside on LYB short
[07:03 am]
Mitch K: watching VRX closer
[07:03 am]
Mitch K: watching FDO for bottom
[07:07
am] Mitch K: watching VRX closer
[07:07
am] Mitch K: missed OCN top but watching for
bottom
[07:08 am] Mitch K: watching
CREE for bottom
[07:11 am]
Mitch K: watching DNKN for bottom
[07:13
am] Mitch K: YHOO bottoming’
[07:21 am] Ed
: monitoring nflx
7:27:34am pacific
time. look at your chart
[07:46 am]
Ed : Alert AAPL
[08:28 am] Ed : good eye
murano
[08:30 am] Ed : SPY new
hod
[08:46 am] Mitch K: /NG
rebounding
[09:04 am] Mitch K: long /NG
here
[09:18 am] Ed : monitoring E to see
if we get more selling
[09:43 am] Ed : if
u were able to take E long would reduce some
in here
[10:09 am] Mitch K: sheesh, i hope
you guys are ready for this because vers 2 is
just kick a–.
[10:10 am] Mitch K: some of
you wont be mature enough for this
[10:11
am] Mitch K: there is absolutely no question
in my mind that we need a max limit of users
for next vers. too many people taking
the same signal will hurt others
[10:13
am] Mitch K: like Walter Brennan said, no
brag just fact. this is turning into a
world class program and its only getting
better
[10:14 am] Mitch K: CL 03-13 with a
220 volume chart had a #2 and #3 next to each
other at $96.87 at [10:15 am] Mitch K: you
guys have that chart up?
[10:16 am] Mitch
K: ok sell signal was 7:59:46 am pacific
time. it was a little late to sell but not by
much, $97.62
[10:17 am] Mitch K: so in 32
minutes a clear buy and next sell signal gave
75 ticks in one move, no other signals
between, then it went into a no trading
zone yellow paint
[10:19 am] Mitch
K: i literally at this moment have a neck
brace on from swiveling my head too much on 5
large monitors
[10:19 am] Mitch K:
profit
[10:19 am] Mitch K: yes regatta,
that is $750 per contract
[10:19 am] Mitch
K: where we are going to need help from the
room, is this…. for sure. …. we need to
have people post when these signals occur
over many diff charts, diff time intervals,
diff futures or forex
[10:23 am] Mitch K:
the 6E, Euro currency future, gave a #2
signal at 03:26 am at $1.3429 and sell signal
at 6:47:29am at 1.3488 for 59 ticks.
bad thing about Euro is it gets active in
middle of night for west coast
[10:27 am]
Mitch K: SI 03-13 gave buy signal at
$31.01 at 4:42:54 am. THis had
choppy bull run but next sell signal was 19
ticks but went up to 128 ticks over 3 hours
later
[10:30 am] Mitch K: NG 03-13 gave
signal at 4:48:26am, $3.247.
[10:28 am]
Mitch K: im using volume and range charts,
both. thats why i think we need this to
be a group effort to maximize
benefit
[10:29 am] Mitch K: i dont even
think 3 people in the same location would
find all the signals, i think this is going
to require a lot of eyeballs
[10:31 am]
Mitch K: i have been thinking 15 tick-17 tick
stop is about right anyhow
[10:31 am]
Mitch K: now this had a drawdown after this
signal, not usually happens this big but
drawdown was 15 ticks, which i personally
dont have a problem with
[10:32 am] Mitch
K: but wont get triggered too often, maybe 1
out of 5 trades, which is really
good
[10:35 am] Mitch K: i think khalls
idea of assigning charts to diff people would
be wonderful, i just dont know if people
would be reliable enough to track that for
everyone
[10:37 am] Mitch K: we have the
lightning signals and we filtered out a lot
of the garbage signals. so that has
improved quite a bit in itself
[10:37 am]
Mitch K: ok let me ask you guys
something
[10:38 am] Mitch K: we developed
these other test signals which turned out
really well. super well. but they dont
give many per day on an instrument, anywhere
from 0 to 3, right?
[10:39 am] Mitch K: my
question is this….. should we have a stand
alone version for those test signals #2 and
#3 OR integrate it within the
Lightning system and have different
sound/color for those few signals?
[10:40
am] Mitch K: ok great
[10:40 am] Mitch K:
ok, that was my instinct too, integrate into
Lightning chart
[10:40 am] Mitch K: qwert,
are you saying integrate?
[10:41 am] Mitch
K: mike, the TradeStation is probably about
May or June before we can tackle
that.
[10:43 am] Mitch K: one other
benefit on these test signals #2 and #3 is it
isnt near as time sensitive to get your
signals filled. you will have plenty of
time, like minutes.
[10:47 am] Mitch K:
pull up another chart if you subscribe to
this, FDAX 03-13 on a 4 range chart
[10:51
am] Mitch K: buy signal #3 7:08:11am,
$7814.55, next sell signal $7853.00 at
8:34:23am. thats almost 90 minutes for
78 ticks
[10:54 am] Mitch K: what i have
been doing successfully is when i see a #3
signal, i buy long, sell long on shorter time
interval on other Lightning signals and
continue to work it long until i get the #3
closing signal. problem with that is it
takes a lot of sustained concentration to
know where you are at. so it really is
easier to just wait unless you want to be a
really active trader.
[11:03 am] Mitch K:
getting a #3 buy signal on CL 03-13 using 220
volume chart
[11:05 am] Mitch K: i dont
think ive seen one come in so late in day,
esp near regular closing in 25 min
[11:07
am] Mitch K: use shielded cat6 cabling
too.
[11:07 am] Mitch K: by the way, dont
use any wifi when trading, only hard
wired
[11:09 am] Mitch K: consider
reducing that CL long
[11:10 am] Mitch K:
your margin requirements get real big if you
hold overnight
[11:10 am] Mitch K: id
close for sure
[11:10 am] Mitch K: did
anyone take that long on CL
[11:10 am]
Mitch K: you have regular market closing
soon
[11:11 am] Mitch K: you must have
waited a long time elect because it moved up
20 ticks
[11:11 am] Mitch K: i know
electrader, always difficult to adjust to new
ssytem. but im a big fan of this, based
on evidence
[11:12 am] Mitch K:
lol
[11:12 am] Mitch K: what di dyou do
eleect, take a phone call
[11:12 am] Mitch
K: what did you do, go have lunch or
something before you made a
decision?
[11:13 am] Mitch K: oh, ok you
sold too soon, what price?
[11:13 am]
Mitch K: when i saw #3 so late in day, I said
this: “What? its past 11am, mkt
closing soon, no way…. oh well, i will try
it”
[11:14 am] Mitch K: just tryst me on
this
[11:14 am] Mitch K: ok, let me
explain about this. #3 signals are not
a quickie trade, they are designed to last
for a while. it is not hyperactive
trading in and out,
[11:15 am] Mitch K:
elect, you got to switch mindset on this #3,
it is a longer term position, as far as
futures go
[11:15 am] Mitch K: i closed
when it flattened out around 97.45 but no
formal closing signal yet
[11:16 am] Mitch
K: even though there is a traditional
Lightning sell signal just now, there is no
closing signal for this #3 yet
[11:16 am]
Mitch K: ok victor, thats good, real
good
[11:25 am] Mitch K: got closing
signal on CL 11:20:49 $97.48, what was that
about 23 ticks
[11:23 am] Ed : ADNC
halted
[11:24 am] Ed : nice call on FIRE
eyes
[11:27 am] Ed : ADNC Hearing weakness
attributed to cautious comments at Muddy
Waters –
[11:45 am] Mitch K: is eyes still
here
[11:46 am] Mitch K: this is not how
the chart will display it. will have
bigger or different visual signal, different
audio signal
[11:47 am] Mitch K: hey eyes,
you asked for this
[11:47 am] Mitch K: but
i waited before buying
[11:47 am] Mitch K:
this little green arrow is #3
[11:48 am]
Mitch K: 17-18 ticks
[11:48 am] Mitch K: i
did not wait for sell signal considering i
dont like carrying positions over past
regular market closing
[11:48 am] Mitch K:
see the magent sells?
[11:48 am] Mitch K:
buys, all my buys
[11:48 am] Mitch K: you
see my executions?
[11:49 am] Mitch K:
very rare, first time actually i have seen
this so late
[11:50 am] Mitch K: you can
get 1 tick above ask price about 90% of the
time
[11:50 am] Mitch K: you can get that
probably 80% of the time
[11:50 am] Mitch
K: 2 ticks above ask, all the time
[11:50
am] Mitch K: you see how i sell? i sell
above ask when rising
[11:51 am] Mitch K:
i think a cowbell
[11:51 am] Mitch K: we
will make it much more visually clear and
different audio.
[11:51 am] Mitch K: 3
ticks above ask the percentge of fills drops
down to 50% fill rate
[11:53 am] Mitch K:
i ignore those
[11:53 am] Mitch K: its
when it is below qwert
[11:53 am]
Mitch K: #3 is on the bottom of price
candles, not above
[11:53 am] Mitch K:
no
[11:56 am] Mitch K: the way you treat
the black arrow is shorter time
frame
[11:56 am] Mitch K: here is gold,
see the black arrow, #2, ? not as good
as #3 but pretty good
[11:57 am] Mitch K:
qwert, calculate the profit from $1659.0 to
current price of 1662.80 on gold
[11:58
am] Mitch K: should be around 40
ticks
[11:59 am] Mitch K: i did not trade
that, didnt see it, couldnt hear it, i get my
audio hooked up with that in a few
days
[12:11 pm] Ed : DELL
monitoring
[12:12 pm] Ed : DELL Hearing
M&A blog speculating takeover deal
may reach $15/shr
[12:31 pm] Ed : SPY new
hod
[12:35 pm] Mitch K: i think that last
one is a sell signal
[12:35 pm] Mitch K:
ok you guys want to choose a sound file for a
#3 buy
[12:36 pm] Mitch K: we dont get
many #3 signals so i wanted to hear
it,
[12:36 pm] Mitch K: this last one is
the one i thought should be a buy
signal. lasts 11 sec.
[12:37 pm]
Mitch K: just a sec ed.
[12:37 pm] Mitch
K: wait, that wasnt me,
[12:37 pm] Mitch
K: no it is not good to call yourself a
dummy, doesnt create growth
[12:37 pm]
Mitch K: ok now a sell signal for
that
[12:38 pm] Mitch K: ok that last one
is what i thought was good for sell
signal
[12:38 pm] Mitch K: no that was Ed
goofing around
[12:39 pm] Mitch K: its a
lower priority sound, not as loud
[12:39
pm] Mitch K: ok this is #2 buy signal
option……
[12:39 pm] Mitch K: and use
that other cowbell for a #2 buy
[12:40 pm]
Mitch K: i think would be too confusing
sounding the same
[12:40 pm] Mitch K: i
have to track down the lady who did the
recording, sort of a pain
[12:40 pm] Mitch
K: sort of fits with a #2, not as good but
worth looking at, go or no go
[12:41 pm]
Mitch K: i think Joey would get confused when
he heard the command #2, he would run to the
bathroom
[12:42 pm] Mitch K: murano, i am
losing my voice, doesnt sound so good, which
is probably good news for the wife
[12:44
pm] Mitch K: now this next sound is too
annoying, too much negative emotions if you
hear this throughout day right?
divehorn
[12:45 pm] Mitch K: ok, thats
what i thought
[12:45 pm] Mitch K: thats a
no go right?
[12:46 pm] Mitch K: turn up
volume
[12:46 pm] Mitch K: ok this is the
one i think Doji requested but i dont know if
we should, just seems wrong
[12:47 pm]
Mitch K: turn down the vol, this is
loud
[12:47 pm] Mitch K: another
possibility
[12:48 pm] Mitch K: is that a
go? for a sell?
[12:48 pm] Mitch K:
too much emotion or ? this is a
sell signal we are looking for
[12:49 pm]
Mitch K: not that one
[12:49 pm] Mitch K:
that cowbell right?
[12:49 pm] Mitch K: i
forgot, what was #2 buy signal
sound?
[12:50 pm] Mitch K: that one
right?
[12:51 pm] Mitch K: ok
thanks
[12:57 pm] Ed : have a great
evening traders
[12:57 pm] Ed : not enough
time but nice chart on UIS
[01:00 pm]
Mitch K: later guys and girls
| [06:16 am] cowboyh : Goodmorning
everyone
[06:17 am] lisas : gm
all
[06:18 am] eyes : GM
evertone
[06:18 am] eyes :
Everyone
[06:18 am] khall : good
morning traders
[06:19 am] mikewd2 -: hi
eyes, how are you doing?
[06:19 am]
eyes : I am Good how about you
Mike
[06:19 am] joeytsa : Good
morning Mitch,Ed, everyone
[06:19 am]
joeytsa : consumer confidence # @
7pdt
[06:20 am] lisas : gm
Ed
[06:20 am] joeytsa : gap
up:VLO,HES,AAPL,SWIR
[06:20 am]
ticktrader : Good Morning
Traders
[06:21 am] joeytsa : gap
dpwn:
VMW,ANAC,MNRO,STX,WDC,NFLX,SSYS,PII
[06:21
am] lisas : Happy trading today all,
I’m taking off, my trading computer away from
home had gone on strike, so left with just a
laptop that is borrowed, so no trading
software on it. Guess I’ll do some studying
for the rest of the week.
[06:21 am]
joeytsa : will miss you lisa
lisa
[06:22 am] Mitch K: thats too bad, i
thought you had a newer computer
lisa
[06:22 am] lisas : Guess it
will force me to get away from the screen,
lol.
[06:22 am] khall : sorry lisa
🙁
[06:23 am] lisas : Mitch, this
isn’t my regular computer, I’m in another
town right now, as husband works here 2
months every year. I have a back up tower I
use here, but it won’t work this am, no
signal to monitors. I’ll be home again next
week
[06:24 am] lisas : the laptop I
have is “borrow” (STOLEN) from my son, so no
trading software on it
[06:24 am]
joeytsa : use the phone like in the old
days haha
[06:25 am] lisas : sure
joey, give me your account number and I’ll be
happy to trade for you that way:)
[06:25
am] lisas : guess I have Ed’s screen’s
here.
[06:25 am] joeytsa : sure is
19005551212 🙂
[06:25 am]
lisas : Actually, this will force me to
review some educational stuff I have, take
care all!
[06:25 am] joeytsa : oh
wait thats my old business phone #
🙂
[06:25 am] joeytsa : enjoy your
day
[06:25 am] lisas : funny
joey
[06:26 am] jimjllsail :
goodmorning
[06:26 am] joeytsa :
decent move on /NG of a big
downtrend
[06:26 am] Ed : welcome back
jim
[06:26 am] jimjllsail :
hello
[06:27 am] taco : gm
all
[06:28 am] qwert : good morning
to everybody
[06:28 am] joeytsa :
yeah it should Ed
[06:28 am] khall :
gm qwert
[06:29 am] qwert : gm
khall
[06:29 am] regatta : oh,
yeah
[06:29 am] joeytsa : havent
heard that in a while
[06:30 am]
elisha : Good Morning Mitch, Ed and
everyone
[06:30 am] taco :
oln
[06:31 am] joeytsa : watching
CAT
[06:32 am] joeytsa : HES
moving
[06:32 am] shark : watching
F
[06:33 am] joeytsa : mixed release
on F
[06:33 am] shark : overextended
price run last 3 mos’ F
[06:35 am]
joeytsa : /ES slow trend up, coming
into pp
[06:36 am] joeytsa : BIDU
testing $113
[06:36 am] shark :
watching FB
[06:39 am] joeytsa :
nice on DDD
[06:41 am] mikewd2 -: HES
turned over nicely
[06:43 am] taco :
no KERX s at IB
[06:44 am] skydiver
: non at Lightspeed either taco
[06:44 am]
mikewd2 -: SSYS decent bounce off
lows
[06:45 am] joeytsa : DDD up and
over $60, see if it holds
[06:45 am]
shark : yeah, nice move
[06:46 am]
skydiver : news – RIMM couild annouince
a Lenovo partnership soon, says OTR Global —
underline couild
[06:46 am] shark :
watching AAPL, top down trendline still in
tack
[06:46 am] joeytsa : HES pulled
back to breakout area
[06:46 am]
shark : on 1min chart- AAPL
[06:46
am] taco : ya thx for HES s
70.00
[06:47 am] shark : nice one,
taco
[06:47 am] skydiver : thnx
Mitch on VMW – will try the 2 minute on
it
[06:47 am] taco : 🙂
[06:47
am] mikewd2 -: DDD nice, missed it
[06:47
am] joeytsa : tight range on
/ES
[06:47 am] skydiver : nice one
taco on HES short
[06:47 am]
skydiver : 🙂
[06:48 am] taco
: thx sky
[06:50 am] taco : stopped
out HES
[06:50 am] taco :
nice
[06:52 am] mikewd2 -: VMW nice
bounce
[06:52 am] joeytsa : yeah
mike, slow and steady
[06:55 am] mikewd2
-: dang got the CL move forgot to move my
target up 10 ticks oh well
[06:55 am]
joeytsa : watching ASH
[06:55 am]
joeytsa : report coming in 5
minutes
[06:55 am] skydiver : thnx
joey
[06:56 am] joeytsa : tighten
DDD if long
[06:56 am] taco : DDD
toppy
[06:56 am] Mitch K: mike, use
lightning for the CL audio alert to
sell
[06:57 am] Mitch K: CTXS
top
[06:57 am] mikewd2 -: don’t have
lightning mitch
[06:57 am] mikewd2 -:
waiting for TS version
[06:57 am] mikewd2
-: NTAP turning?
[06:57 am] taco :
THC nice bounce
[06:58 am] joeytsa :
eye on OCN
[06:58 am] taco : where
did you grab DDD from joey?
[06:59 am]
joeytsa : AMZN lost $270
[06:59 am]
joeytsa : 57.44 taco
[06:59 am]
taco : nice one
[06:59 am]
joeytsa : thanks
[07:00 am] mikewd2
-: awesome joey
[07:00 am] taco : s
61.13 DDD
[07:02 am] scalpman : sell
3/4 THC L
[07:03 am] taco : stop
DDD
[07:03 am] taco : sm
prof
[07:05 am] shark : AMZN reports
after close today, should be
interesting
[07:05 am] joeytsa :
should
[07:07 am] skydiver :
monitoring LNKD
[07:07 am] qwert :
nice call OCN joey
[07:08 am]
joeytsa : thx, i didnt take it
haha
[07:10 am] mikewd2 -: ASH moving
joey, thanks
[07:11 am] joeytsa :
moving slow, but moving
[07:11 am] mikewd2
-: could jump a bunch if gets above
79
[07:12 am] joeytsa : has some
room, just needs some push
[07:12 am]
joeytsa : but $2 move is still nice
🙂
[07:13 am] joeytsa : SODA trying
to bottom
[07:13 am] taco : NFLX
inching up had toub at 164
[07:16 am]
mikewd2 -: nice call on SODA joey,
[07:16
am] scalpman : sell 4/5 CREE
L
[07:16 am] joeytsa : watching
BIIB
[07:16 am] mikewd2 -: DDD hod, SSYS
approach hod
[07:18 am] joeytsa :
/ES comign up to pp it lost earlier
[07:19
am] joeytsa : AMZN bacck to $270,
looks like the # to watch so far
[07:19
am] shark : thx joey
[07:20 am]
scalpman : Trailing up last piece on
CREE L
[07:20 am] shark : NFLX nice
move off bottom
[07:20 am] scalpman
: all out CREE L ..good one
[07:21 am]
scalpman : Having a good day…live
today .
[07:21 am] skydiver : LNKD
coming up slowly
[07:22 am] skydiver
: nice scalp
[07:22 am] scalpman :
thanks skydiver
[07:23 am] shark : F
3x lod test
[07:24 am] joeytsa :
mike: ASH just sitting on $79
[07:24 am]
mikewd2 -: i closed and moved on
[07:25
am] joeytsa : i did too, wasnt sure if
you were still in
[07:25 am] joeytsa
: will keep chart up though, enter on a
break
[07:26 am] joeytsa : DDD
trying $62 again
[07:26 am] eyes :
WDR
[07:27 am] taco : s NFLX
163.88
[07:28 am] joeytsa : /ES with
a few failed attempts getting over
1498
[07:29 am] mikewd2 -: AAPL at pp,
trying to decide which way from now
[07:29
am] scalpman : I had a sell order
163.90 NFLX and got fillled with 10 shares. I
made 5.90
[07:29 am] scalpman :
(ha)
[07:29 am] mikewd2 -: nice one
scalp
[07:29 am] shark : cover
commissions?
[07:29 am] scalpman :
barely
[07:29 am] joeytsa : go to
starbucks and blow it haha
[07:29
am] scalpman : it was a partial
fill.
[07:29 am] scalpman :
ha
[07:29 am] qwert : monitoring
TROW
[07:30 am] joeytsa : scalp:
what determines your fractionality with your
exits?
[07:31 am] skydiver : I was
wondering too scalp
[07:31 am] shark
: me three
[07:32 am] skydiver : ah
. . the 3 muskateers wondeirng
again
[07:32 am] mikewd2 -: SSYS, DDD new
hod
[07:33 am] scalpman : I use OCO
orders…once in a position….I place
usually 2 limits at 50% and one stop. 1st
limit is at 1%
[07:33 am] shark :
DHI nice run on earnings today
[07:33 am]
scalpman : If 1000 shares…then it
sells/covers 500 on hitting the
liimit.
[07:34 am] scalpman : then I
cancel. An place another 2 to 1 on the last
half. Trying to get another .5-1
%
[07:34 am] scalpman : I also move
the stopp to b.e.
[07:34 am]
scalpman : so I might get 1.5 % on the
1/2 of the last half = 1/4.
[07:35 am]
scalpman : and then monitor and trail
the last stop.
[07:35 am] joeytsa :
thx scalp, noticed sometimes you are
out 4/5 or 3/10..just wondering
[07:35 am]
scalpman : you can do a couple of
trades in this fashion, but I monitor profit
takeing closely.
[07:35 am] joeytsa
: gotya, im the all in/all out type
[07:36
am] elisha : FB breaking regression
line
[07:36 am] scalpman : 3/5 is on
500 shares. the 2 to 1 OCO divides it 300 +
200.
[07:36 am] shark : wow, nice
elisha FB
[07:36 am] elisha :
beginners luck
[07:36 am] scalpman :
So if I get the first limit order profit is
300…so…out 3/5
[07:36 am]
joeytsa : cool
[07:37 am]
scalpman : I’m not calculating this..I
just let the OCO do its thing!
[07:37 am]
eyes : LNKD
[07:37 am]
skydiver : interesting scalp — will
have to study that oiut
[07:37 am]
scalpman : Kris use to take profits at
1%…
[07:38 am] joeytsa :
right
[07:38 am] scalpman :
34.50 = 1 % = 50+34 = 34.84
[07:38
am] mikewd2 -: a bit of consolidation on
AAPL
[07:38 am] scalpman : Helps you
set your limits…
[07:39 am]
scalpman : stopps might go few cents
beyond lo or hi of day.
[07:39 am]
joeytsa : gotya
[07:39 am]
scalpman : It a method…and some
method is better than none.
[07:40 am]
scalpman : of course if I get the
1%…or it starts to fizzle, you adjust. move
your order.. Get what you can!
[07:40 am]
scalpman : of course if I get the
1%…or it starts to fizzle, you adjust. move
your order.. Get what you can!
[07:41 am]
joeytsa : seems to work for you, good
job
[07:41 am] shark : F moving
lower, nicely
[07:41 am] joeytsa :
after all that math, i need to eat..see you
in 20 🙂
[07:42 am] shark :
haha 🙂
[07:42 am] skydiver : enjoy
joey and and mathematically count those
calories
[07:42 am] shark : i guess
joey equates #’s with calories 🙂
[07:43
am] mikewd2 -: yep shark
[07:43 am]
mikewd2 -: AAPL moving nicely
[07:46 am]
mikewd2 -: all out AAPL calls,
nice!!!
[07:46 am] shark : nice
mike, ed, new hod AAPL
[07:46 am]
shark : which ones, mike?
[07:47 am]
taco : nice mike
[07:47 am] mikewd2
-: 455’s
[07:47 am] shark : good
trade
[07:49 am] mikewd2 -: amazing how
AAPL trades off the trend lines or
channels
[07:49 am] mikewd2 -: when it
breaks usually good sign to go in
[07:51
am] shark : what time you go long
calls?
[07:51 am] skydiver : AMGN
moving
[07:53 am] qwert : thx
sky
[07:53 am] scalpman : YHOO
consolidating
[07:55 am] khall : wow
/CL made a nice little move
[07:56 am]
taco : DDD hod
[07:58 am] mikewd2 -:
ASH finally moved
[08:01 am] mikewd2 -:
SSYS hod, getting ice higher lows,
hi’s
[08:02 am] scalpman : No shorts
on DDD at TS
[08:05 am]
skydiver : non at Lightspeed either
scalp
[08:05 am] joeytsa : mike: did
you get ASH?
[08:06 am] joeytsa :
moved while i was away
[08:06 am]
scalpman : Still watching
YHOO
[08:06 am] skydiver : okay . ..
my time is up .. see you all tomorrow (maybe
later today too – not sure yet).
Make lots $$$$
[08:06 am] joeytsa :
enjoy sky
[08:06 am] skydiver :
🙂
[08:07 am] taco : bye
sky
[08:08 am] eyes : DGX
[08:10
am] taco : missed dbl top
NFLX
[08:11 am] joeytsa : /NG sell
cover coming soon??
[08:13 am]
joeytsa : theres the /NG
signal
[08:14 am] scalpman : YHOO
Buy on 1 min Lightning
[08:16 am]
eyes : anyone get DGX
[08:16 am]
mikewd2 -: i didn’t eyes, would short if
anything
[08:18 am] eyes : support
on daily
[08:21 am] qwert :
DMND
[08:21 am] qwert : watching
DMND
[08:22 am] mikewd2 -: UA
[08:23
am] eyes : UA upgraded at
buckingham
[08:23 am] joeytsa : had
PII on my early morning watch list and forgot
all about it
[08:23 am] joeytsa :
made a nice down move
[08:23 am]
murano : UA
[08:24 am] joeytsa
: here comes /ES nearing 1500
[08:25 am]
joeytsa : AMGN nice moves
also
[08:26 am] regatta : watching
LKX
[08:27 am] regatta :
LXK
[08:28 am] mikewd2 -: AAPL new
hod
[08:32 am] mikewd2 -: long LXK 24.00 –
stop slightly below
[08:33 am]
scalpman : CREE had a buy signal on 2
min Lightning at 10:15 EST…and no sell
yet.
[08:34 am] scalpman : cree sell
at 11:31
[08:34 am] scalpman : Nice
1+ trend up/
[08:35 am] scalpman : I
did not trade…just commenting…
[08:36
am] mikewd2 -: covered UA, plus 50
cents
[08:37 am] eyes :
nice
[08:37 am] scalpman : ooops…I
did trade but got out too soon….
[08:38
am] scalpman : I have feeling YHOO will
trend the same…
[08:40 am]
scalpman : Mitch..Lightning best for
those 1 long trends…no so much drop and
pop….
[08:40 am] scalpman : 1
hr
[08:40 am] scalpman : not so much
for pop and drop
[08:44 am] mikewd2 -:
jumped on LXK a bit early, was stopped now
she moves
[08:46 am] qwert : LXK
bounced perfect off 100 day on the
daily
[08:46 am] mikewd2 -: i missed that
was looking at that whole number for
support
[08:47 am] qwert : the 200
is at 24 for lxk so also a good
area
[08:48 am] joeytsa : good catch
qwert
[08:55 am] joeytsa : nice
tight /ES range here near 1500
[08:56 am]
joeytsa : maybe use 1501/1499 levels as
main break area
[08:57 am] taco :
thx joey, will watch it
[08:58 am]
joeytsa : might be able to grab some
ticks in between those levels also
[09:03
am] joeytsa : does anyone here have a
list of what days each futures switches to
the next contract? thanks
[09:03 am]
joeytsa : i noticed /NG switched today
to the 03-13, be nice to have a list
handy though
[09:06 am] taco : i
sent email to a guy at amp trading.. for the
info
[09:07 am] joeytsa : cool,
thanks
[09:07 am] taco : see what he
turns up
[09:08 am] joeytsa : i have
all of the months for the switch, but not the
exact day..or at least close enough.
ie: the /ES usually switches around the 18th
for the next quarter
[09:10 am]
scalpman : Time to go…see you all
tomorrow.
[09:10 am] mikewd2 -: so joey,
NG is Three business days prior to the first
calendar day of the delivery month.
[09:11
am] taco : bye scalp
[09:11 am]
mikewd2 -: so today would be nat
gas
[09:11 am] mikewd2 -: haven’t found a
good cheat sheet yet
[09:12 am]
khall : Commodity Traders Almanac will
give you al that info. I think I paid
20 something for it on Amazon
[09:12 am]
joeytsa : thx mike, /GC hasnt
switched yet
[09:12 am] joeytsa : so
each one must be a bit different
[09:12
am] khall : yes Joey, they
are
[09:15 am] mikewd2 -:
http://commodities.about.com/od/profilesofcom
modities/Profiles_of_Commodities.htm
[09:1
5 am] mikewd2 -: that site will provide the
info, but you have to go into each
commodity
[09:16 am] joeytsa :
thanks mike
[09:16 am] khall :
http://www.amazon.com/Commodity-Traders-Alman
ac-2012-ebook/dp/B006G28C9W
[09:16 am]
mikewd2 -: so gold is Close of business on
the third to last business day of the
maturing delivery month.
[09:16 am]
mikewd2 -: so will be after close of today i
think
[09:17 am] joeytsa : sounds
like it, so i will switch it tomorrow or
after hours today
[09:17 am] mikewd2 -:
would just take a couple minutes to compile a
table from that site i gave you
[09:18 am]
mikewd2 -: we could put it up on our FB
site
[09:18 am] joeytsa : yeah that
would be good
[09:18 am] mikewd2 -: ASH
trying to move again
[09:19 am]
joeytsa : bounced off $80 this
time
[09:19 am] mikewd2 -: E going to be
good
[09:20 am] mikewd2 -: news on
E?
[09:21 am] Ed : not seeing any as of
yet
[09:24 am] qwert : just got back
looks like i missed a good one you guys long
E
[09:25 am] qwert : low volume on
E
[09:25 am] Ed : I know you are but what
am I?
[09:26 am] joeytsa :
haha
[09:26 am] qwert :
hahaha
[09:26 am] joeytsa : loved
pee wee’s playhouse haha
[09:26 am] Ed :
yea
[09:26 am] regatta : there’s no
basement in the alamo
[09:28 am] Ed : why
not?
[09:28 am] mikewd2 -: got 30 cents on
that short, not liking this guy
[09:28 am]
regatta : from pee wee’s big
adventure
[09:29 am] mikewd2 -: watching
AAPL at this pivot
[09:30 am] mikewd2 -:
haha – figures fall E
[09:30 am] Ed :
ohhh
[09:30 am] Ed : missed that
part
[09:31 am] mikewd2 -: JCP getting
some vol and movment
[09:31 am]
joeytsa : ASH moving well
[09:32 am]
mikewd2 -: blew that one joey
[09:35 am]
qwert : thx for JCP :))
[09:43
am] joeytsa : BIIB another on the radar
that i missed
[09:46 am] taco :
joey,any word if doji or anyone he knew was
hurt in the fire in rio club?
[09:46 am]
joeytsa : havent heard, think it was in
brasilia
[09:46 am] taco :
oh
[09:46 am] taco :
terrible
[09:47 am] joeytsa : yeah,
awful way to go
[09:47 am] mikewd2 -: yeah
bouncers would let them out, because thought
they were skipping on tabs
[09:47 am]
mikewd2 -: crazy
[09:47 am] joeytsa
: wow
[09:48 am] joeytsa : i had a
couple friends who lost friends in the
Warwick fire 10yrs ago
[09:48 am]
taco : what?
[09:48 am] mikewd2 -:
that would be wouldn’t let them out
[09:48
am] joeytsa : when Great White was
playing there
[09:48 am] taco : ah
man
[09:48 am] mikewd2 -: remember that
fire
[09:48 am] joeytsa : went to
that club 2 times
[09:49 am] joeytsa
: i lived in warwick at one point
[09:49
am] shark : wow!
[09:49 am]
taco : where’s that?
[09:49 am]
joeytsa : RI
[09:49 am] taco :
didn’t pass my geography course either
ha
[09:49 am] joeytsa : probably
would have gone to see Great White if i was
there at the time, actually have seen them a
couple times
[09:49 am] shark :
faaaarrrrrr
[09:49 am] taco : what
state is RI?
[09:50 am] shark : what
country you mean?
[09:50 am] taco :
maybe..
[09:50 am] joeytsa : Rhode
Island
[09:50 am] taco :
ahh
[09:51 am] joeytsa : doing a ton
of gigs in new england area at the time, we
rented a house from the soundman who was in
warwick
[09:51 am] bebaravich : We
are going to Rio next week. I think I
will be staying away from the clubs this
time
[09:51 am] mikewd2 -: NG
bouncing
[09:52 am] joeytsa :
probably a safe time to go, everyone will
have open eyes
[09:52 am] shark :
just stay near emergency exit
bebaravich
[09:52 am] shark : that
too, joey. good one 🙂
[09:52 am]
joeytsa : always know where at least 2
exits are..no matter where you go
[09:53
am] joeytsa : italian 101 : you dont
live to see tomorrow if you dont know how to
exit a building 🙂
[09:54 am]
joeytsa : /ES pushed thru
1501
[09:54 am] shark : hahaha…i
love it!
[09:55 am] bebaravich : I
will definitely keep an eye out for exits at
all times!!
[09:55 am] bebaravich :
both in shares and in clubs!!
[09:55 am]
joeytsa : 🙂
[10:00 am] mikewd2 -: E
trying to hold 50.00
[10:05 am]
shark : NFLX new hod
[10:05 am]
shark : SPY new hod too
[10:06 am]
mikewd2 -: TSO turning over a bit from multi
year highs
[10:07 am] mikewd2 -: JCP back
to hod
[10:08 am] mikewd2 -:
mlnx
[10:08 am] mikewd2 -: sorry wrong
window
[10:09 am] joeytsa :
🙂
[10:09 am] shark : wow,
Mitch
[10:09 am] mikewd2 -: does it work
on TS – lol
[10:10 am] qwert :
hahaha
[10:10 am] shark : whaaaaat
?
[10:11 am] mikewd2 -: do we care Mitch
if were making money!!!!
[10:12 am]
shark : ughhh
[10:13 am] qwert
: nice
[10:13 am] murano : Mitch,
what we do is take money from other
people
[10:13 am] joeytsa : sounds
great
[10:14 am] mikewd2 -: we certainly
try murano – lol
[10:14 am] murano :
Yes, we try
[10:15 am] qwert :
yep
[10:15 am] mikewd2 -: yep
[10:16
am] mikewd2 -: AAPL breaking below pp and
pivot support
[10:16 am] joeytsa :
nice move, 4R was nice one too
[10:17 am]
joeytsa : nice $$
[10:19 am]
regatta : is that
$10/tick/contract?
[10:19 am]
joeytsa : yeah
[10:19 am] mikewd2 -:
yep
[10:19 am] qwert : yes
regatta
[10:19 am] regatta : still
just sim and learning futures
[10:19 am]
regatta : me likey that
[10:20 am]
joeytsa : but you can afford a really
nice neck brace 🙂
[10:20 am] khall
: LOL joey
[10:20 am] qwert : gold
plated neckbrace
[10:20 am] joeytsa
: or just hire 2 hot girls to hold you in
position 😉
[10:20 am] regatta :
with some bling
[10:20 am] qwert :
hahaha
[10:20 am] mikewd2 -: or hire
someone to push the buttons for you
haha
[10:21 am] joeytsa : break
time, see you in a bit
[10:22 am]
qwert : enjoy joey
[10:23 am]
jsn13 : what time frame on 6E
Mitch?
[10:29 am] qwert : we are
ready mitch
[10:29 am] khall : maybe
we should assign instruments?
[10:29 am]
qwert : good idea khall
[10:30 am]
khall : that way we wouldn’t all go
nuts
[10:31 am] shark : 🙂
[10:33
am] qwert : mitch what is the avg.
profit on the winning trades
[10:33 am]
jsn13 : and also is there a strategy
for reentry?
[10:38 am] shark : NFLX
moving nicely
[10:38 am] mikewd2 -:
watching SSYS, for move over 80.20
[10:39
am] khall : right
[10:39 am]
qwert : okay
[10:40 am] qwert
: same with diff sound / color
[10:40 am]
murano : Integrate into
Lightning
[10:40 am] khall :
integrate them
[10:40 am] jsn13 :
combining them would be great….then we save
charts spce…
[10:40 am] qwert :
yes
[10:40 am] electrader :
integrate
[10:40 am] qwert :
integrate
[10:40 am] mikewd2 -: put them
all in as one in TS verson – lol
[10:41
am] mikewd2 -: convert to easy language – its
easy!
[10:41 am] mikewd2 -: nice Mitch,
will look forward to it
[10:41 am] mikewd2
-: missed AAPL off the trend line
break
[10:41 am] mikewd2 -: so
predictable!
[10:44 am] qwert : nice
mitch
[10:44 am] Ed : how goes it
jsn?
[10:45 am] jsn13 : not a bad
day today….getting more selective and NOT
ANTICIPATE helps…
[10:45 am] Ed : glad
to hear
[10:45 am] jsn13 : trade
what u see is not as easy as i
think…
[10:45 am] mikewd2 -: (BP)BP $4B
guilty plea wins final approval, Bloomberg
reports
[10:46 am] mikewd2 -: thought it
was already final
[10:47 am] Ed :
defnitely a balancing act
[10:48 am]
shark : selective. nice word,
jsn13
[10:51 am] jsn13 : thanks
shark…alot of words are easier said than
done…
[10:51 am] jsn13 : selective
yet flexible is the tough part…
[10:52
am] Ed : like anything else, more u
practice and make it a habit, becomes easier
and easier
[10:53 am] shark : brain
muscle memory
[10:53 am] jsn13 : oh
yeah…it takes time and
patience….
[10:53 am] Ed : this is where
helps with use of words also
[10:54 am] Ed
: potential long, potential short, potential
breakout, no preconceived notions coming into
market day,etc
[10:54 am] jsn13 :
yup agree…then u can trade what u
see….not what u think….
[10:55 am]
jsn13 : ed, for futures, do u trade on
1min chart?
[10:55 am] Ed : yes
[10:56
am] jsn13 : if the move is fast, what
time frame do u use? or just looking at price
movement? i.e. move above open price or
soemthing like that?
[10:57 am] Ed : does
not matter, i use same
[10:57 am]
jsn13 : do u have any futures trades
today?
[10:58 am] Ed : nope, although had
setup, just missed seeing long break over 97
for CL long breakout
[10:59 am]
jsn13 : yup CL was having rpob with
that level for previous few days…
[10:59
am] jsn13 : when u do trade breakout,
how do u set ur targets?
[10:59 am]
jsn13 : as in how do u exit?
[11:00
am] Ed : I do my exits just like with stocks,
lookinf for potential resistance or support i
short
[11:01 am] mikewd2 -: NG
tanking
[11:02 am] jsn13 : so on
that CL trade that u missed, where would be
ur exit?
[11:02 am] mikewd2 -: Herbalife
preparing for online counterattack against
Ackman, NY Post says
[11:02 am]
jsn13 : just wanna have it as
reference…
[11:03 am] Ed : would have to
take a look later, that computer is out of my
stock workspace area
[11:03 am]
jsn13 : no prob….
[11:03 am] Ed :
I changed my office around and that was big
mistake, as I moved my futures computer tad
farther than before
[11:04 am] jsn13
: ooopppsss….bad feng shui it
seems….haha…
[11:04 am] Ed : I had
everything right at my finger tips, but
wanted more room
[11:04 am] Ed : good
point LOL
[11:05 am] qwert : Ed how
many monitors are you using to track
futures
[11:07 am] Ed : 1 laptop connected
to 30″ monitor
[11:07 am] Ed : brand new
laptop with 16gig
[11:07 am] jsn13 :
did u use mosuewithoutborders for
that?
[11:07 am] Ed : bout 6months
old
[11:07 am] jsn13 : to connect
both ur computers?
[11:08 am] Ed :
no
[11:08 am] qwert : Ed how many
charts you put on the 30″
[11:08 am] Ed :
I like simple
[11:08 am] Ed : I have 2
charts on it
[11:08 am] qwert : so
charts are huge
[11:08 am] Ed :
VERY
[11:08 am] jsn13 : if u use
that, u can use 1 keyboard and 1 mouse to
control both comp…
[11:09 am] Ed : so
big I saw a buyer with glasses
[11:09 am]
qwert : side by side or on top of each
other
[11:09 am] qwert :
hahaha
[11:09 am] Ed : I dont like that
jsn
[11:09 am] jsn13 : haha no prob
ed…just a suggestion…i
[11:10 am] Ed :
I can be kind of stubborn
[11:10 am]
qwert : i tried but did not get filled
mitch
[11:10 am] electrader : yes,
got 7 ticks out of it. got to learn to
trust that #3 signal
[11:11 am]
qwert : nice elec trader
[11:11 am]
electrader : I understand. I
believe !!!!!!!!
[11:11 am] Ed : nice
electrader
[11:12 am] qwert :
hahah
[11:12 am] electrader :
lol. just a late decision
[11:12 am]
electrader : Come on Mitch. Give
an apprentice a break
[11:13 am]
eyes : FIRE
[11:13 am]
electrader : As soon as i sold, it went
up 10 ticks
[11:13 am] victor51 :
Mitch, My first CL long in simulation. Ready
to sell TS simulation Lot to learn. +150 0n
paper
[11:14 am] electrader : entry
– 97.31 exit – 97.38
[11:15 am]
electrader : Like I said, I’m a
believer. Just gotta learn
patience
[11:15 am] victor51 : 97.32
-97.50
[11:15 am] qwert : nice
victor
[11:15 am] electrader : great
job victor51
[11:16 am] electrader :
Gotcha
[11:18 am] victor51 : Mike,
Can you pleae check. is CLH13 in TS same as
CL 03-13
[11:19 am] eyes : Mitch can
i see a chart for cl
[11:20 am]
joeytsa : victor: i believe
so
[11:20 am] joeytsa : pretty sure
H= march
[11:21 am] victor51 :
Thanks Joey and mini will be QMH13
right?
[11:21 am] joeytsa : dow
mini, yes
[11:21 am] joeytsa : sorry
QM is mini-crude oil
[11:21 am]
joeytsa : dow mini is YM
[11:22 am]
joeytsa : /CL more liquid than
/QM
[11:22 am] victor51 : Good point
Joey
[11:23 am] joeytsa : /CL has
higher margin though
[11:23 am] eyes
: If you got Fire Nice
[11:24 am]
qwert : good trade eyes
[11:24 am]
joeytsa : nice one eyes
[11:24 am]
taco : textbook bounce off
support
[11:25 am] eyes :
TITN
[11:27 am] joeytsa : textbook
is all you can ask for 🙂
[11:27 am]
taco : indicators too were
good
[11:29 am] joeytsa : that was a
nice one
[11:30 am] joeytsa : /ES in
good shape
[11:30 am] joeytsa : been
over 1500 for almost 2 hours
[11:31 am]
victor51 : Joey, so what’s time I need
to close crude future so i don’t have margin
risk?
[11:31 am] joeytsa : anytime
before the close 🙂
[11:32 am]
joeytsa : cant remember how i did
it…
[11:32 am] joeytsa : but i
have ninja set up so close any open contracts
at 12:45 pdt
[11:33 am] joeytsa : i
also think it reminds you if you have open
positions before you shut down
[11:33 am]
joeytsa : crude goes from $2k to
$5k
[11:34 am] joeytsa : gold goes
to over $10k overnight, silver closer to
$20k
[11:34 am] taco :
http://www.ampclearing.com/trading_hours.html
[11:34 am] joeytsa : dont forget,
just because you CAN use $500 margin/contract
doesnt mean you SHOULD
[11:35 am]
joeytsa : learn how to drive the car
first, then worry about how fast it can go
🙂
[11:36 am] taco : unless its
rental with full insurance
[11:37 am]
joeytsa : rental = joey’s 1st trading
account 🙂
[11:37 am] taco :
haha, seat belt?
[11:37 am] joeytsa
: not even power steering haha
[11:37 am]
taco : lol
[11:37 am] joeytsa
: was just so happy to be trading, plus it
was still cheaper than goign to
college
[11:38 am] taco : NFLX
turning
[11:38 am] mikewd2 -:
SSYS
[11:38 am] joeytsa : plenty of
money to be made though, just keep stops in
place
[11:39 am] mikewd2 -: nice little
move in SI
[11:39 am] taco : s
168.07
[11:40 am] joeytsa : just
came across this…
[11:40 am]
joeytsa : This is the reason AAPL
rallied to $700, and the reason it dropped to
$435. When everybody already owns your
product, there is only so much you can do to
make them keep buying it. In the stock
market, AAPL shares are already owned by
everybody that wants to own them. This
creates a problem when some selling hits
because there is nobody left to buy the
shares since everybody already has all the
shares they want
[11:41 am] joeytsa
: not my words, found this in a stock
forum
[11:41 am] mikewd2 -: obama in las
vegas
[11:41 am] joeytsa :
yep
[11:41 am] taco : makes
sense
[11:41 am] joeytsa :
thankfully dont have to go near the
airport
[11:41 am] joeytsa : going
to talk about immigration
[11:41 am]
mikewd2 -: yeah
[11:42 am] mikewd2 -: oh
talking to the buffet staff, maids,
etc?
[11:42 am] joeytsa :
haha
[11:42 am] joeytsa :
landscapers here too
[11:42 am] mikewd2 -:
right
[11:42 am] joeytsa : i will
say, not sure if my maids or landscaper are
“legal”, but they work their butts
off
[11:43 am] joeytsa : always
reliable, and do great work
[11:45 am]
mikewd2 -: Muddy Waters tweets the Audience
report is a hoax
[11:45 am] victor51
: Thanks Taco/Joey
[11:46 am]
joeytsa : no prob victor, start small
and you wont get hurt too bad
[11:46 am]
taco : my pleasure
[11:47 am]
joeytsa : once you go live, start with
1 contract, then every month if you are
comfortable, add 1..as long as you have the
cash in your account
[11:47 am] eyes
: mike
[11:47 am] joeytsa : the
light green arrow
[11:48 am] eyes :
nice
[11:48 am] joeytsa : got it
Mitch
[11:49 am] qwert : awesome
mitch
[11:49 am] joeytsa : thats
nice $$
[11:50 am] joeytsa :
watching DDD here
[11:51 am] joeytsa
: AMZN lod
[11:51 am] mikewd2 -:
mllnx
[11:52 am] mikewd2 -: again wrong
window
[11:52 am] qwert : like the
cowbell
[11:52 am] joeytsa : need
somethign more drastic Mitch
[11:52 am]
qwert : mitch did it generate another
signal just now
[11:53 am] joeytsa :
like an owwoooga horn
[11:53 am]
qwert : the green arrow
above?
[11:53 am] qwert : okay i
thought i saw an arrow and now its
gone
[11:53 am] skydiver :
SPPI
[11:54 am] mikewd2 -: ASH, SSYS
bouncing
[11:54 am] mikewd2 -: nice
sky
[11:55 am] mikewd2 -: Spectrum said to
be getting inquiries from big pharma
companies, MSN reports
[11:55 am]
skydiver : just sat down at my desk and
saw it . . .
[11:56 am] skydiver :
catching up on all the previous conversation
and teaching on Lightning . . looks very
interesting Mitch
[11:57 am] qwert :
no shorts SPPI at lightspeed
[11:57 am]
mikewd2 -: none at TS or etrade
[11:57 am]
qwert : is that 38 tics
[11:57 am]
mikewd2 -: 380 per contract
[11:57 am]
qwert : wow good money
[11:59 am]
joeytsa : another nice trade
[11:59
am] qwert : i like those #3
signals
[12:00 pm] mikewd2 -: AAPL stayed
above pp, most of day
[12:02 pm]
qwert : anyone get shorts for
SPPI
[12:03 pm] eyes : I did on
paper Acct LOL
[12:03 pm] skydiver :
not me qwert . . I was hoping one of you had
that available to short
[12:04 pm]
taco : IB had at least 1000 but i
didn’t trade it
[12:04 pm] qwert : I
bet Ed got some :))
[12:05 pm] Ed :
nope, got a distraction (phone
call)
[12:08 pm] qwert : VMW’s
quarter must have been bad down 20%
[12:08
pm] joeytsa : yeah, they
missed
[12:08 pm] qwert : lots of
shares trade today
[12:09 pm]
joeytsa : 24M
[12:10 pm] qwert
: AMZN after the bell today should be
interesting
[12:10 pm] mikewd2 -: AAPL
pushing towards hod
[12:10 pm]
joeytsa : AMZN not looking good going
into earnings
[12:11 pm] joeytsa :
could be pre-release profit taking from the
run up though
[12:11 pm] qwert :
dell
[12:14 pm] mikewd2 -: Silver Lake
Partners may bid $15 per share for Dell,
dealReporters says
[12:15 pm] mikewd2 -:
but may not – haha
[12:15 pm]
joeytsa : haha
[12:15 pm]
joeytsa : have to get their puts on
first before they back out 🙂
[12:19 pm]
mikewd2 -: ASH moved up 1 buck
[12:20 pm]
Ed : is AMZN on tap for earnings
[12:20
pm] joeytsa : yeah
[12:20 pm]
qwert : yes Ed
[12:21 pm] Ed :
thx
[12:21 pm] mikewd2 -: nice move in
DELL
[12:21 pm] mikewd2 -: jumped off long
to soon
[12:21 pm] joeytsa : big
names today
AMZN,BRCM,GLW,DHI,LLY,F,HOG,BTU
[12:21 pm]
Ed : may have legs this time who knows like 5
time talk of takeover
[12:22 pm] Ed :
speaking of DELL
[12:22 pm] joeytsa
: i thougth DELL was in trouble business
wise
[12:23 pm] Ed : more of reason to
sell
[12:23 pm] jimjllsail : thanks
guys
[12:23 pm] joeytsa : yeah,
remember hearing sales dropped
[12:26 pm]
mikewd2 -: AAPL hod
[12:28 pm] mikewd2 -:
lets see if AAPL hits 460
[12:30 pm]
mikewd2 -: 455 calls only a couple bucks of
time value in them
[12:33 pm]
joeytsa : Thanks
Mitch,Ed,everyone..have a great day, see you
all tomorrow
[12:33 pm] Ed : c ya
joey
[12:33 pm] mikewd2 -: 460.00 on
AAPL
[12:35 pm] qwert : sure
mitch
[12:35 pm] eyes : Good Night
Everyone
[12:36 pm] Ed : Mitch is having
too much fun
[12:36 pm] qwert : cya
eyes
[12:36 pm] shark : 😉
[12:36
pm] elisha : how about a rooster
crowing?
[12:36 pm] qwert : i like
that one
[12:36 pm] khall : yeah, I
like it too
[12:37 pm] mikewd2 -: then
follow up with ” hey dummy did you
buy”
[12:37 pm] khall : LOL
mike
[12:37 pm] shark : lol good
one
[12:37 pm] qwert : was that the
sell signal
[12:37 pm] khall : how
about a cash register?
[12:38 pm]
shark : ka ching!
[12:38 pm]
elisha : funny khall
[12:38 pm]
mikewd2 -: dinner time!
[12:38 pm] Ed :
that one is louder than register
[12:38
pm] Ed : the bell
[12:38 pm] elisha
: that one!
[12:38 pm] shark : yes,
good one
[12:38 pm] khall : second
one
[12:38 pm] elisha : makes me
want to buy a parrot
[12:39 pm]
shark : or shake my booty
[12:39 pm]
qwert : hahaha
[12:40 pm]
murano : Why not have the voice say
“buy signal 3” or “sell signal 3′
[12:40
pm] shark : too easy murano
[12:40
pm] qwert : lol
[12:40 pm]
elisha : with a scotish
brogue
[12:40 pm] khall : we need a
different voice for number two
[12:41 pm]
khall : a guy
[12:41 pm] khall
: “numbah toooo”
[12:41 pm] elisha :
for number two you’d need a toddler,
right?
[12:41 pm] murano : Mitch,
use your voice for #3 signals
[12:41 pm]
khall : bwah ha ha
[12:41 pm]
qwert : hahha
[12:43 pm] qwert
: i wish mine would lose hers
🙂
[12:44 pm] khall : qwert – then
there would be no warning before she smacked
you
[12:44 pm] khall : not a good
thing 😉
[12:44 pm] qwert : thats
true
[12:45 pm] taco : lol
[12:45
pm] qwert : to annoying
[12:45 pm]
elisha : sounds too much like an
elephant
[12:45 pm] taco : i’ll need
medication
[12:46 pm] qwert :
lol
[12:46 pm] taco : its
true
[12:46 pm] khall :
hi-larious
[12:47 pm] shark : you
got that in spanglish ?
[12:47 pm]
shark : 🙂
[12:47 pm] shark :
good sell signal. very goal
oriented
[12:47 pm] elisha : Now
that’s thinking positive!
[12:48 pm]
shark : yes
[12:48 pm] khall :
yes
[12:48 pm] qwert : yes
[12:50
pm] khall : yes
[12:50 pm]
elisha : yes
[12:50 pm] qwert
: yes
[12:54 pm] taco : thank you
Mitch, Ed and all. have a good night see you
tomorrow
[12:54 pm] shark : bye
taco
[12:54 pm] khall : night
taco
[12:54 pm] Ed : c ya taco
[12:54
pm] elisha : bye taco
[12:56 pm]
elisha : sndk
[12:56 pm]
elisha : sorry, wrong window
[12:57
pm] qwert : did they report?
[12:57
pm] qwert : good night everybody great
calls today
[12:59 pm] elisha : Good
Night everybody
[01:00 pm] khall :
good night eveyrone
[01:01 pm] shark
: AMZN missed
[01:10 pm] victor51 :
Good evening all.
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