[06:32 am] Mitch K: watching MDVN for
top
[06:32 am] Mitch K: more downside on
RIMM
[06:32 am] Mitch K: watching KORS for
quick short
[06:33 am] Mitch K: watching
ALXN for top
[06:33 am] Mitch K: watching
LUK for bottom
[06:34 am] Mitch K: more
downside on JEF, watching for bottom to
buy
[06:34 am] Mitch K: watching MCP for
bottom
[06:36 am] Mitch K: watching LUK
closely
[06:37 am] Mitch K: watching CTRX
for top to short
[06:41 am] Mitch K:
watching ACHN for bottom
[06:44 am] Mitch
K: watching JEF for sell exit soon, on top of
this bounce, also watching for
short
[06:45 am] Mitch K: watching ACHN
closer
[06:46 am] Ed : SPY near
hod
[06:47 am] Mitch K: still monitoring
MCP
[06:48 am] Mitch K: ET phone
home
[06:48 am] Mitch K: monitoring
ET,
[06:49 am] Mitch K: watching CELG for
bottom to buy
[06:49 am] Mitch K: watching
LUK for 2nd helping bottom to buy
[06:52
am] Mitch K: monitoring NVDA
[06:53 am]
Mitch K: watching VRTX for top, no
hurry
[06:57 am] Mitch K: critical area
for JEF short, if drops below 16, look for
15.60 but prob bounces here
[06:58 am]
Mitch K: LUK buy signal 1 min
[06:59 am]
Mitch K: monitoring CAR
[07:01 am] Mitch
K: watching CLVS for top to short
[07:05
am] Mitch K: monitoring FFIV
[07:11 am]
Mitch K: AND phm
[07:11 am] Mitch K:
housing stocks dropping: DHI, TOL, BZH,
KBH
[07:12 am] Mitch K: i think the market
realized Obama was re-elected
[07:13 am]
Mitch K: but it could be low vol on Veterans
day
[07:13 am] Ed : SPY new lod
[07:15
am] Mitch K: watching FFIV closer
[07:16
am] Ed : Advanced trade monitor FB for loss
of 18.80 with strong vol for short
[07:22
am] Ed : weak bounce in markets so
far
[07:25 am] Mitch K: low priced stock,
watching GALE for bounce, dangerous
[07:46
am] Ed : SPY new lod
[07:57 am] Ed : lower
low on SPY
[08:04 am] Mitch K: ACHN sell
signal 2 min
[08:55 am] Ed : SPY trading
in small range
[09:13 am] Mitch K:
monitoring FSLR
[09:53 am] Ed : missed the
nice short on JCP losing 19.39
[10:11 am]
Mitch K: monitoring BBEP drop
[10:13 am]
Ed : SPY nearing hod
[10:18 am] Ed : SPY
new hod
[10:23 am] Ed : nice one on JCP
reshef
[10:27 am] Mitch K: thats about all
i was looking for on PHM short = 1%
[10:30
am] Mitch K: we are now cowboy now that you
mentioned it, interesting short
[10:36 am]
Mitch K: sell signal on FB 2 min
chart
[10:42 am] Mitch K: its just too
goofy of a day to be trading, low vol and low
volatility
[10:49 am] Mitch K: what is
news on FB?
[11:38 am] Ed : nice drop in
SPY
[11:42 am] Ed : keep an eye on CRUS
for potential break, formed triangle on
15min/15day
[11:43 am] Ed : which way you
say, be flexxible although its descending
triangle
[11:44 am] Ed : it is trading in
triandle as well, and getting tighter range
on daily
[11:44 am] Ed : we should
eventually get a break either way in NFLX in
coming days also
[11:58 am] Ed : JCP still
bleeding
[12:04 pm] Ed : nice one on YPF
joey
[12:30 pm] Ed : VVUS alert
[12:34
pm] Ed : if u took VVUs long would reduce
some here
[12:38 pm] Ed : Would also keep
SRPT on radar for trading 2morrow
[12:39
pm] Ed : has put in nice potential bottom for
move higher, but as always stay
flexible
[12:41 pm] Ed : keep FOSL on
radar for 2morrow as well, look for continued
weakness
[12:58 pm] Ed : have a great
night traders
| [06:14 am] taco : good morning
everyone, good to be back
[06:14 am]
skydiver : gm all
[06:14 am]
eyes : Good Morning Taco
Everyone
[06:14 am] mikewd2 -: good
morning, thank you Vets!
[06:15 am]
joeytsa : Good morning Mitch,Ed,
everyone
[06:16 am] skydiver :
monitorinig CLVS
[06:16 am] joeytsa
: thanks to all the veterans
[06:16 am]
skydiver : yes — big thanks to the
veterans 🙂
[06:16 am] joeytsa :
volume might be a bit light today
[06:16
am] joeytsa : gap up:
GILD,CELG,DECK
[06:17 am] joeytsa :
gap down: CLVS,GOLD not too
much
[06:17 am] skydiver : thnx joey
for gappers and reminder of lighter volume
today
[06:18 am] qwert : Good
morning to everybody and special thanks and
blessings to all the Veterans
[06:20 am]
reshef : G. Morning
[06:24 am]
joeytsa : using 1375-1381 for the ES
range. the pivot is in the 1377
area
[06:26 am] mikewd2 -: Oil trying to
open higher
[06:31 am] elisha : Good
Morning Mitch, Ed and everyone
[06:31 am]
gum : are there any members who live in
florida ?
[06:31 am] taco :
test
[06:32 am] elisha : see you
taco
[06:32 am] taco : thanks
elisha
[06:33 am] mikewd2 -: MCP
dieing
[06:38 am] eyes : luk not
nice Long .54 stoped 1%
[06:41 am]
joeytsa : watching ABT for a
break
[06:41 am] joeytsa : ACHN
trying to botto
[06:42 am] joeytsa :
AMT trying to hold $74
[06:46 am]
shawn : Is Wynn ToppY?
[06:46 am] Ed
: not enough money for short in
WYNn
[06:48 am] joeytsa : CELG
trying to hold support area
[06:48 am]
mikewd2 -: MCP sick puppy
[06:48 am]
qwert : hahaha
[06:52 am]
skydiver : Crazy – shorted LUK
accidently and covered right away and made 11
cents per share — haven’t done that for a
long time – at least I ended in green this
time
[06:52 am] joeytsa :
🙂
[06:59 am] mikewd2 -: another head fake
on LUK i think
[07:04 am] skydiver :
CLVS looking interesting
[07:04 am]
joeytsa : AMGN trying a flag
break
[07:05 am] joeytsa : ES in a
3pt range so far
[07:08 am] joeytsa
: watchign CRM to see if $140 gets
tested
[07:08 am] skydiver : thnx
joey for CRM
[07:09 am] joeytsa :
STRA might try to hold here, lighter vol
though
[07:13 am] skydiver : good
one Mitch 🙂
[07:13 am] taco : CELG
drop below support
[07:13 am]
joeytsa : so did all the companies
announcing potential layoffs
[07:13 am]
qwert : JEF back to lod area
[07:14
am] mikewd2 -: MCP trying to bounce
[07:15
am] taco : CAR turning
[07:19 am]
skydiver : long FFIV 85.84
[07:20
am] mikewd2 -: MCP Nov 17th 7 calls very
active
[07:20 am] mikewd2 -: amd
[07:20
am] mikewd2 -: sorry wrong window
[07:22
am] skydiver : oiut 3/4 of FFIV
86.12
[07:22 am] skydiver : all out
of FFIV L
[07:31 am] regatta :
watching DAL
[07:32 am] joeytsa :
early break, see you all in a while..keep the
good ones coming 🙂
[07:32 am] taco
: enjoy joey
[07:36 am] skydiver :
have a good break joey
[07:39 am]
sman : BZH
[07:40 am] mikewd2 -:
Beazer Homes falls after reporting wider than
expected loss
[07:44 am] qwert : JCP
new lod
[07:46 am] taco : how are
things eyes?
[07:46 am] eyes : ready
to go to bed how about you
[07:47 am]
taco : ) not bad
[07:47 am] mikewd2
-: AAPL lod
[07:49 am] qwert : WYNN
at lod
[07:51 am] eyes : how is your
trading going
[07:52 am] taco : me
eyes?
[07:53 am] eyes :
yes
[07:53 am] taco : it is
improving quite a bit
[07:54 am]
eyes : good to hear
[07:54 am]
taco : fewer trades, more
profit
[07:54 am] taco : locking in
my type aetc..
[07:54 am] taco : how
are you doing?
[07:56 am] mikewd2 -:
looking at some 545 Calls on AAPL
[08:02
am] mikewd2 -: maybe puts will be better –
haha
[08:02 am] elisha : taco, what
do you mainly look at when you evaluate a
possible trade ?
[08:03 am] elisha :
i’m asking since you just said your trading
is improving a lot
[08:04 am] taco :
mainly high volume and larger moves
[08:04
am] elisha : thanks
[08:04 am]
taco : ones that move gradually i
usually enter at the wrong time
[08:05 am]
taco : i cut my trades by1/3 too by not
going after stuff i usually lose on
[08:05
am] qwert : Nice breakdown on
WYNN
[08:05 am] taco : and just
watch them now
[08:06 am] elisha :
that sounds smart – learning from your
mistakes
[08:07 am] taco : biggest
thing i’ve learned is one good setup i profit
from is better than a bunch of
losers
[08:07 am] taco : so i wait
for easy targets for me
[08:07 am]
eyes : nice
[08:08 am] elisha
: kind of like waiting for the “good ones” –
where have I heard that before?
[08:08 am]
taco : yup, every night on
DSR
[08:09 am] taco : also i’m super
hungry to learn, that helps
[08:10 am]
taco : i need proficiency
[08:10 am]
taco : not losses
[08:13 am]
elisha : funny – a light day like today
makes me realize i’d rather be scrambling to
keep up with all the trade calls
[08:13
am] taco : sorry i’ve cut my trades by
2/3
[08:13 am] elisha : that sounds
suspiciously like discipline to me
[08:14
am] taco : way better feeling at end of
day now too
[08:15 am] elisha : if i
don’t learn something new every day i feel
unsettled so i make sure to do
that.
[08:16 am] joeytsa : AAPL
lod
[08:23 am] mikewd2 -: AAPL at support
pivot
[08:25 am] Ed : waiting for fast
pitch down the middle, kind of
slooooooow
[08:29 am] joeytsa :
doubt it will pick up much
[08:29 am]
joeytsa : maybe last hour?
[08:30
am] Ed : we get some news like joeytsa is
thinking about buying WYNN
[08:30 am]
joeytsa : and turning around to sell it
to mike haha
[08:30 am] Ed :
haha
[08:30 am] qwert :
hahaha
[08:33 am] sman : JCP trying
to bounce
[08:36 am] Ed : now that the
aggies beat bama, I think mike taking a
vacation day
[08:36 am] joeytsa :
🙂
[08:36 am] joeytsa : great
game
[08:36 am] Ed : yep
[08:36 am]
mikewd2 -: no i’m here!
[08:37 am] Ed :
they made bama change their game
plan
[08:37 am] Ed : bama is a run first
team
[08:37 am] mikewd2 -: still a little
hung over from the game! lol
[08:37 am] Ed
: we know
[08:37 am] mikewd2 -: AAPL
heading to 528?
[08:38 am] Ed : atleast
you all dont tear up the city like longhorn
fans
[08:38 am] mikewd2 -: yep
[08:42
am] qwert : WAtching PAA
[08:43 am]
eyes : I will see you all
later
[08:44 am] Ed : c ya eyes
[08:44
am] qwert : bye eyes
[08:48 am]
mikewd2 -: GMCR moving
[08:49 am]
joeytsa : just want to take a second to
thank you all for your prayers the past
couple months..
[08:49 am] joeytsa :
we had to put down our cat
yesterday
[08:50 am] Ed : sorry to
hear
[08:50 am] mikewd2 -: sorry to hear
joey
[08:50 am] qwert : So sorry to
hear Joey
[08:50 am] joeytsa :
thanks..kind of hard to stare at stock charts
when your eyes are burning
[08:50 am]
elisha : so sorry to hear
joey
[08:51 am] joeytsa : truly
appreciate all of your concern..thank you
again
[08:51 am] elisha : have you
ever read the rainbow bridge? basically
about pets going to heaven and playing with
all the other pets while they wait for their
owners?
[08:52 am] joeytsa : funny
you say that..a friend posted that on my
wife’s facebook page
[08:52 am]
elisha : not funny at all – my pets
have been family and losing them was
indescribely raw
[08:55 am] elisha :
I think its the purity of their hearts and
undisguised love for us
[08:56 am]
joeytsa : i think so too
[08:58 am]
joeytsa : Lightspeed users : there is a
free webinar on their new options
features
[08:58 am] joeytsa :
wednesday @ 4:30est
[09:01 am]
joeytsa : Ed: are you finding it a bit
too slow to trade
[09:07 am] Ed : very
much so right now
[09:07 am] joeytsa
: yeah, good time for a nap
[09:08 am] Ed
: 4 sure
[09:10 am] elisha : do you
think it will be slow like this the half day
after Thanksgiving?
[09:10 am]
joeytsa : probabaly worse
haha
[09:10 am] joeytsa : traders on
a tryptophan hangover
[09:10 am]
elisha : haha
[09:11 am]
elisha : in that case i may skip – have
houseguests to cook and entertain
[09:11
am] elisha : for
[09:12 am] Ed :
typically is, u have to get that first 30
minutes
[09:12 am] mikewd2 -: ETP
moving
[09:16 am] mikewd2 -: alot of talk
about AAPL on CNBC
[09:17 am] Ed : they
started talkn AAPL was bearish last week, an
investor that bought at 700 would be
underwater waiting for them
[09:18 am]
mikewd2 -: Doug Kass, previous bear now
turning bullish at these prices.
[09:18
am] taco : just read about your cat
Joey, my condolences
[09:18 am] Ed :
wonder we he turned bearish
[09:19 am]
mikewd2 -: he mentioned when it was close to
700
[09:22 am] mikewd2 -: AAPL breaking
thru down trendline
[09:26 am]
joeytsa : thanks taco
[09:26 am]
joeytsa : i heard a lot of talk about
buying AAPy at these levels now
[09:27 am]
joeytsa : i will let price action and
volume tell me if they go thru with
it
[09:27 am] joeytsa : thats AAPL
not AAPy
[09:33 am] mikewd2 -: markets
bouncing a bit
[09:34 am] mikewd2 -: AAPL
approaching PP
[09:34 am] mikewd2 -:
cab
[09:34 am] mikewd2 -: sorry wrong
window
[09:34 am] joeytsa : LNKD
pop
[09:35 am] joeytsa : DDD pop
also
[09:50 am] reshef :
JCP
[09:59 am] mikewd2 -: nice rebound in
AAPL
[09:59 am] reshef :
CTB
[10:02 am] Ed : that was nice rebound
in AAPL, nice call mike on break of
downtrend
[10:03 am] mikewd2 -: finally
those trend indicatos paid off
[10:04 am]
Ed : they work well in trending
market
[10:04 am] mikewd2 -: jumped on the
545 call once it crossed over
[10:04 am]
joeytsa : nice trading mike
[10:04
am] qwert : watching BBEP
[10:05 am]
qwert : needs volume
[10:05 am]
reshef : VRX
[10:07 am] reshef
: UTX
[10:11 am] reshef :
PER
[10:14 am] sman : COST
[10:24
am] reshef : THANKS
[10:24 am]
reshef : What you think on
UTX
[10:25 am] Ed : i would like a move
much higher b4 considering a short
[10:25
am] reshef : wher to?
[10:25 am] Ed
: and would like to see it with accelrated
vol
[10:26 am] Ed : into 78 area
[10:26
am] reshef : thanks
[10:29 am]
cowboyh : Hi guys just got here anyone
watching FB
[10:31 am] shark : AAPL
back to pivot
[10:32 am] reshef :
BZH
[10:43 am] shark : it sure is,
Mitch
[10:43 am] Ed : thats my middle
name, u call me Mitch
[10:43 am] mikewd2
-: VIX down 8.22%
[10:44 am] shark :
🙂
[10:45 am] shark : lol
[10:49
am] Mitch K: another good man falls for the
lbig lie. 5 minutes of pleasure
for a lifetime of misery, not a good
trade
[10:50 am] shark : I recommend
a good massage 🙂
[10:55 am] reshef
: PER
[10:58 am] reshef : PBT
FAST
[11:04 am] reshef :
PER
[11:04 am] shark : thx reshef,
too low vol for me
[11:06 am] reshef
: Shark, what volume you look for?
[11:06
am] mikewd2 -: NEPT, low priced
stock
[11:06 am] shark : on a $17
stock, I would probably want to see
100,00/min or more traded
[11:07 am]
reshef : I didn’t understand, how meny
trades?
[11:08 am] mikewd2 -: NEPT
halted
[11:08 am] shark : 100K
shares traded per min or more
[11:08 am]
mikewd2 -: ?
[11:08 am] reshef : I
see, thanks
[11:09 am] mikewd2 -: Neptune
says explosion completely destroyed krill
production plant, inventory
[11:13 am]
reshef : BMC
[11:16 am] reshef
: GORO
[11:19 am] qwert : Watching
SODA
[11:20 am] reshef :
LNKD
[11:20 am] regatta : TRLG
spike
[11:32 am] reshef :
KBH
[11:33 am] reshef :
MSFT
[11:35 am] victor51 : Hi Joey,
Do you see flag in TRLG
[11:35 am]
joeytsa : sure do
[11:36 am]
joeytsa : i just dont see enough vol
overall
[11:38 am] reshef : CNQ NICE
CHART
[11:39 am] victor51 : Joey,
thanks . it makes lot of sense
[11:39 am]
joeytsa : no prob
[11:40 am]
reshef : CRUS
[11:44 am]
joeytsa : thx Ed
[11:45 am] Ed :
should be easy money when they eventually
break
[11:46 am] joeytsa : NFLX
consolidation kind of looks like it wants to
move higher
[11:46 am] joeytsa :
based upon the last consolidation
period
[11:46 am] joeytsa : on the
daily chart
[11:47 am] Ed : right just
like CRUS downward, but I like to be ready
for either, helps me be felxible and mindset
of going with flow just in case goes opposite
of what it potentially looks like
[11:47
am] joeytsa : have a game plan for
either way
[11:47 am] victor51 : Hi
Ed, would you explain triangle effect on CRUS
when you have a minute
[11:48 am]
qwert : thats what i thought joey but
overhead resistance pretty close
[11:48
am] Ed : did u ever get the book technical
analysis by murphy
[11:48 am] elisha
: when you gentlement pull up daily charts
what is your default timeframe? 7
months? one year?
[11:49 am] elisha
: i mean to start off with
[11:49 am]
qwert : Watching MDRX
[11:49 am] Ed
: i have 1000 days on my daily
[11:49 am]
elisha : thank you Ed
[11:49 am]
joeytsa : my charts change
elisha..daily usually no less than 3 months,
usually 6, but will go back 12-24
[11:50
am] elisha : thank you Joey
[11:50
am] joeytsa : also a good idea, esp if
you are looking for a swing/hold, is to
switch to the weekly
[11:50 am] Ed : hey
vic, did u ever get the book by john
murphy?
[11:50 am] elisha : whats
your default on weekly?
[11:50 am]
joeytsa : i dont have
defaults
[11:51 am] elisha : i mean
what timeframe do you start with if you’re
checking out weekly
[11:51 am]
joeytsa : the weekly i just pulled up
goes back to mid 2010
[11:51 am]
elisha : ok, thanks
[11:51 am]
joeytsa : kind of depends on the size
of my chart
[11:51 am] Ed : in nutshell
vic, ur looking for move outside of triangle
with vol beit up/down
[11:51 am]
qwert : when i switch to weekly says
dynamic
[11:51 am] elisha : don’t
want to reinvent the wheel so I’m asking the
experts
[11:52 am] joeytsa : i just
maximized my weekly chart and it goes back to
2003
[11:52 am] elisha : define
dynamic qwert
[11:52 am] Ed : qwert is
dynamic
[11:52 am] Ed : elisha is
outstanding
[11:52 am] qwert :
hahaha
[11:52 am] joeytsa : he wears
a shirt and cape with ” D ”
🙂
[11:52 am] mikewd2 -: Ed is
goofy
[11:53 am] Ed : joey is
dynomite
[11:53 am] elisha : and you
Ed, are mahvelous dahling
[11:53 am]
joeytsa : just like JJ Walker
[11:53
am] qwert : not sure why it says
dynamic thats just what is asys in the place
of 1000 days
[11:53 am] Ed : thank u, mike
is jealous
[11:53 am] joeytsa :
elisha: my swing setup has a 60min, daily and
weekly
[11:53 am] elisha : motorola
mike should not be jealous the way he cranks
out trades
[11:54 am] joeytsa : so
many ways to set things up
[11:54 am]
mikewd2 -: and i actually win on some of the
elisha – haha
[11:54 am] Ed : and they
beat bama this weekend, and he owns ton of
oil fileds and cattle
[11:54 am]
joeytsa : haha
[11:54 am] mikewd2 -:
it is a tough life
[11:54 am] elisha
: i guessed there are, joey, and there must
be more efficient settings than others –
thats why i was checking with youse
guys
[11:55 am] joeytsa : i have a
few different setups…but i try to go back 2
or 3 longer timeframes than the one i am
trading on
[11:56 am] joeytsa : its
all what makes sense to you or what you feel
comfortable with
[11:56 am] elisha :
i was afraid you would end up saying
something like that
[11:57 am]
elisha : just looking for the holy
grail magic setting that spits out a winning
trade every time
[11:57 am] joeytsa
: take swings for example…you wouldnt
really follow the 1min except for an exact
entry..most likely you would focus on the
daily and maybe the weekly to see the
trend
[11:57 am] skydiver : hey
elisha, when you find it, let us know
🙂
[11:58 am] joeytsa : sky only
looks at 2 stocks..so he has it all figured
out haha
[11:58 am] skydiver :
🙂
[11:58 am] qwert :
hahaha
[11:58 am] joeytsa : when CRM
isnt moving, hopefully JOY is
🙂
[11:58 am] qwert :
hahaha
[11:58 am] skydiver : got
that right joey
[11:58 am] skydiver
: 🙂
[11:58 am] joeytsa : YPF
spike
[11:58 am] joeytsa : JCP is a
hurting company
[11:59 am] victor51
: Ed, will order John Murphy’s book
today. Thanks
[11:59 am] qwert
: YPF
[11:59 am] qwert :
alert
[11:59 am] joeytsa : tighten
YPF if short
[12:00 pm] skydiver :
short YPF 11.18 – thnx joey – came in a bit
later
[12:00 pm] qwert : nice joey
didnt see your post
[12:00 pm]
elisha : you have my word, sky, when i
find the magic formula, i will
share
[12:00 pm] Ed : u will want it to
advance ur knowledge as well as
reference
[12:01 pm] skydiver :
looking forward to it elisha 🙂
[12:01 pm]
joeytsa : you will drive yourself crazy
trying to find perfection
[12:01 pm]
joeytsa : thats why you find what works
for you as a trader and get good at
it
[12:02 pm] Ed : reason I mention it is
that even if I tell you about what Im
speaking of in regards to triangle, it will
still bbe foreign, takes a while to get used
to being able to see them and how to draw
them and what they mean
[12:02 pm]
joeytsa : Ed: do you draw them on your
charts, or just eyeball?
[12:02 pm] Ed :
eyeball
[12:03 pm] joeytsa : same
here
[12:03 pm] Ed : I recall when I could
not spot them at all, even when staring me in
face
[12:03 pm] qwert : Thanks for
YPF joey
[12:04 pm] joeytsa :
🙂
[12:04 pm] Ed : that was the fastball
we were looking for
[12:04 pm]
skydiver : out of YPF short — thnx as
well joey 😉
[12:04 pm] joeytsa :
NFLX daily has res, but a push thru can also
get it to $100
[12:05 pm] Ed :
juicy
[12:06 pm] Ed : fruit
[12:06 pm]
elisha : loops
[12:06 pm]
joeytsa : nice cons on the 15min
though
[12:08 pm] eyes : Ed you S
YPF
[12:09 pm] Ed : long gone
[12:09
pm] mikewd2 -: ypf
[12:09 pm] eyes :
What price you get
[12:09 pm] mikewd2 -:
again wrong window
[12:10 pm] Ed :
11.21
[12:11 pm] eyes : so you didnt
wait for the first red candle
[12:11 pm]
Ed : no, but even if u did still would have
been good entry
[12:12 pm] reshef :
CRUS on the way down? low volume end of
tringl
[12:12 pm] eyes : I enterd
11.09 out 1% second half stoped me out to
quick
[12:12 pm] eyes : made 29
dollars
[12:13 pm] Ed : nice price and
nice entry
[12:13 pm] qwert : good
entry eyes
[12:13 pm] skydiver :
nice eyes
[12:13 pm] eyes : very bad
exit
[12:13 pm] Ed : I will be looking at
that one 2morrow reshef CRUS
[12:14 pm] Ed
: I will not trade it until i get a
break either way
[12:15 pm] Ed : chart of
CRUS
[12:15 pm] Ed : the black
one
[12:15 pm] joeytsa : nice des
tri
[12:15 pm] elisha : Ed, i’m not
understanding why your bottom line drawn is
horizontal instead of sloping to follow the
lows
[12:15 pm] Ed : it did follow the
low
[12:16 pm] reshef : I see,
Thanks, but if you look that you have a small
trigle in the last hour
[12:16 pm]
elisha : the one before with the blue
line
[12:16 pm] Ed : these are 15minute
charts
[12:16 pm] Ed : the lowest point
based on it coinciding with low of gap on
daily
[12:16 pm] reshef : yes I
know, but you don’t look at 1 M chart
too?
[12:17 pm] Ed : I look at all at same
time all being 1min15min and daily
[12:18
pm] Ed : plus elisha u have natural potential
support at 30 price
[12:18 pm] Ed : so
thats why i drew horizontal
[12:18 pm]
elisha : ok, checking charts
now
[12:19 pm] Ed : reshef lookn at
1minuit on CRUS i see no trade, not enough
money
[12:19 pm] joeytsa : me
either
[12:20 pm] reshef : how many
days in your 15M
[12:20 pm] Ed :
15days
[12:21 pm] reshef : thanks
again
[12:21 pm] elisha : Ed, your
charts always look better than mine
[12:21
pm] Ed : just perception
[12:21 pm]
sman : Ed,
[12:21 pm] Ed :
sman
[12:21 pm] Ed : how are you
[12:21
pm] sman : what program are u using for
your charts?
[12:22 pm] Ed : esignal are
the charts shown
[12:22 pm] eyes :
Good Night Everyone
[12:22 pm] taco
: bye eyes
[12:22 pm] Ed : c ya
eyes
[12:22 pm] skydiver : take care
eyes
[12:22 pm] joeytsa : bye
eyes
[12:22 pm] elisha : bye
eyes
[12:22 pm] qwert : cya in the
morning eyes
[12:23 pm] Ed : hey eyes, go
do something that take ur mind completly off
the markets
[12:25 pm] Ed : will be huge
help
[12:26 pm] sman : is anyone
using E-Trade Pro Elite software?
[12:26
pm] Ed : i think few people in here use
them
[12:26 pm] Ed : I use their
scanners
[12:26 pm] qwert : I use
etrade just for the scanner
[12:27 pm]
joeytsa : GILD 50cent spike
[12:27
pm] Ed : and i will trade options through
them
[12:27 pm] qwert : and some
swing trades
[12:27 pm] reshef : Ed,
when you think the lightening will be
operate?
[12:27 pm] Ed : Mitch says very
soon
[12:27 pm] sman : is there a
preferred charting software?
[12:28 pm] Ed
: its back to beta testing so getting really
really close
[12:29 pm] Ed : ninja trader
and esignal, from what others say are like
the “preferred”
[12:29 pm] Ed : but u cant
go wrong with either
[12:29 pm] sman
: thx
[12:30 pm] Ed : do u currently use
etrade for trading too
[12:30 pm]
reshef : it is independed
software?
[12:30 pm] Ed : yes
[12:30
pm] sman : yes
[12:30 pm] Ed : those
2 i just mentioned
[12:30 pm] reshef
: so you can use it with every
broker?
[12:32 pm] Ed : each one has list
of brokers, nice long list
[12:32 pm]
reshef : I wonder if Schab
too
[12:33 pm] reshef :
Schwab
[12:34 pm] joeytsa : time to
call it a day..hope you all have a great
afternoon, see you in the morning.
Thanks Mitch,Ed, everyone
[12:34 pm]
skydiver : take care joey ….see ya in
the morning
[12:34 pm] taco : bye
joey
[12:35 pm] Ed : if u go to their
sites should have list u can pull
up
[12:35 pm] qwert : JCP at
lod
[12:35 pm] reshef : can you send
me the site?
[12:35 pm] Ed : i just google
esignal, or google ninja trader
[12:36 pm]
reshef : thanks
[12:37 pm] Ed
: http://www.esignal.com
[12:37 pm]
Ed :
http://www.ninjatrader.com
[12:37 pm]
reshef : thanks again
[12:39 pm]
sman : thx ed
[12:40 pm] Ed : no
problem
[12:41 pm] skydiver : out of
VVUS long 11.27 – 11.39
[12:42 pm]
skydiver : small profit, but added up
with rest of the day . . . . good day
🙂
[12:42 pm] Ed : nice sky, plus nice
move on low price stock
[12:43 pm]
skydiver : 🙂
[12:43 pm]
skydiver : thnx for the call Ed on
VVUS
[12:43 pm] Ed : today is extremely
slow, not surprising with it being
holiday
[12:43 pm] skydiver : yes .
. I was on this morning, got back on a bit
ago, and seemed not much moved
[12:43 pm]
qwert : only 7 trades for me
today
[12:44 pm] skydiver : nice
qwert — all big profitable ones makes great
day 🙂
[12:45 pm] qwert : yep 4 real
good 1 small 2 b/e
[12:45 pm]
skydiver : nice
[12:45 pm]
qwert : no losses kind of odd
[12:46
pm] skydiver : hey . . .best kind of
trading — no losses, and winners
🙂
[12:46 pm] qwert : yeah just
suprising
[12:46 pm] qwert :
surprising
[12:46 pm] skydiver :
SRPT — strong at moment — not much time
left today for me to play it
[12:46 pm]
taco : thank you Mitch and Ed,
everyone. See you in the am
[12:47 pm]
skydiver : take care taco
[12:47 pm]
qwert : cya taco
[12:50 pm] Ed :
keep on radar for 2morrow sky
[12:50 pm]
skydiver : thnx Ed – I was thinking
just that 🙂
[12:51 pm] Ed : c ya
taco
[12:58 pm] skydiver : thnx Ed,
Mitch, and all you great traders!! See
you in the morning
[12:59 pm] qwert
: Have a great night everybody
[01:01 pm]
victor51 : Bye everyone
[01:03 pm]
sman : c ya tomorrow!
[01:04 pm]
victor51 : Ed, Many titles under john
Murphy. Any specific title for the
beginner?
[01:18 pm] elisha : victor
– technical analysis of the financial
markets
[01:18 pm] elisha : by john
murphy
[01:20 pm] elisha : good
night all
|
Web Special
