[05:40 am] Ed : see if we get continued
weakness today in SRPT,STX,WLL for strength
MNST,FSLR
[05:46 am] Mitch K: down
mostly
[05:46 am] Mitch K: if anyone is
trading futures, GC is very active
[06:18
am] Mitch K: PreMkt down: ABMD, GWRE,
GG, EGO, SLW, SPH
[06:21 am] Mitch
K: OTHER PREMKT DOWN: CLUB, AEM
GNW
[06:30 am] Mitch K: watching NUGT gap
down
[06:30 am] Mitch K: GPOR up
premkt
[06:31 am] Mitch K: watching CTXS
for bottom
[06:31 am] Mitch K: watching
ABMD for bottom
[06:31 am] Mitch K:
watching ANN for short after rebound, 33.55
area+
[06:31 am] Mitch K: GOLD
down
[06:32 am] Mitch K: watching GPOR for
top
[06:34 am] Mitch K: watching MELI for
bottom
[06:34 am] Mitch K: watching HON
for bottom
[06:35 am] Mitch K: watching
DVN, INGR, OKE for bottom
[06:36 am] Mitch
K: watching CCI, EBAY for
bottom
[06:37 am] Mitch K: watching CTXS
closely
[06:41 am] Mitch K: watching KLAC
for bottom
[06:44 am] Mitch K: consider
selling GOLD
[06:44 am] Mitch K:
monitoring ADI, missed first bottom
[06:44
am] Mitch K: watching MELI closely
[06:48
am] Mitch K: market indexes low of
day
[06:50 am] Mitch K: watching FSLR for
bottom
[06:52 am] Mitch K: watching CTL
for bottom
[06:53 am] Mitch K: watching
ROSE for bottom, low vol, waiting
[07:01
am] Mitch K: on indexes
[07:01 am] Mitch
K: new lows
[07:06 am] Mitch K: new lows
on SPY
[07:08 am] Mitch K: good job on Z
sman
[07:09 am] Mitch K: watching DVA for
bottom
[07:11 am] Mitch K: GPOR worth
watching for buy signal on bottom of this
pullback
[07:20 am] Mitch K: FSLR toppy,
close long and consider shortr soon
[07:47
am] Mitch K: monitoring IOC,
[08:26 am]
Mitch K: important signal
[08:26 am] Mitch
K: 2 min sell signal on KLAC
[08:40 am]
Mitch K: good eye on SKUL sman
[08:45 am]
Mitch K: monitoring WTW
[09:35 am] Mitch
K: we will give you a link for the Webinar
Room reshef
[09:53 am] Mitch K: watching
SINA for bottom, microtrade long
[10:04
am] Mitch K: did anyone get those big MMR
moves yesterday with Ed?
[10:38 am] Mitch
K: you guys are coming up with good ideas,
thanks for your contribution
[10:39 am]
Mitch K: QQQ high of day
[10:51 am] Mitch
K: good job on PLCE guys
[10:56 am] Mitch
K: watching RAX for top
[11:09 am] Mitch
K: TKR should drop under 45,
[11:10 am]
Mitch K: MLNX bouncing
[11:10 am] Mitch K:
when i give those target prices out, just
estimate, be flexible
[11:11 am] Mitch K:
we saved the best for you Ed
[11:11 am]
Mitch K: $78 is possible on MLNX
[11:12
am] Mitch K: what i do is look for another
long entry on MLNX soon
[11:12 am] Mitch
K: MLNX toppy
[11:13 am] Mitch K: and see
if i can get $1 more out of it with higher
highs possibly
[11:16 am] Mitch K: it
could within an hour or more
[11:16 am]
Mitch K: I don’t see $78 now that MLNX didnt
make new highs above 76.50
[11:17 am]
Mitch K: TKR looks like rebound or flat so
i’d cover short
[11:23 am] Ed : getting
slight pullback in SPY
[11:36 am] Ed :
RTLX is one to keep on radar
[11:37 am] Ed
: in days to come speaking of
[11:37 am]
Mitch K: sometimes over 50 cents
[11:37
am] Mitch K: RTLX too big spread
[11:38
am] Ed : : RTLX specualtion being bought for
800million by RCR
[11:38 am] Ed : RTLX
specualtion being bought for
800million
[11:40 am] Mitch K: looks like
its true looking at Daily
[11:40 am] Mitch
K: where was source for that story Ed?
when you have specific numbers like that,
often is true
[11:40 am] Ed : typo
RCR=NCR
[11:41 am] Ed : but searching for
news source
[11:41 am] Ed : searching
listed as rumor per flyonthewall
[11:45
am] Ed : SPY hittin potential resistance on
1min
[11:48 am] Mitch K: there must be
some details coming out on this buyout of
RTLX, is it stock as currency? that
would explain the drop
[11:59 am] Ed :
regards to RTLX
[11:59 am] Ed : report of
takeover on Hebrew language Calcalist
accorting to translation”
[12:15 pm] Ed :
good eye also sman
[12:15 pm] Ed : if u
took RGR long would reduce some
here
[12:17 pm] Ed : RTLX and NCR halted
news pending
[12:19 pm] Mitch K: RTLX was
the worst kept secret on buyout
[12:20 pm]
Ed : probably had issues with
translation
[12:20 pm] Mitch K: checkout
the daily chart on GMCR, that earnings news
people new a week ago, came from $24 to 30+ a
few days ago
[12:21 pm] Ed : info was sent
via ship
[12:26 pm] Ed : SPY new
hod
[12:44 pm] Ed : wall street journal
now reporting that NCR will purchase RTLX for
30/share
[12:59 pm] Ed : have a great
evening traders
[01:10 pm] Mitch K: hey
guys, we are emailing you instructions for
downloading the Lightning Trading System
today for webinar attendees
| [05:36 am] Ed : have a great day and
make lots of money, hitting the road, may be
back in room later today in
afternoon
[05:36 am] doji : Hi Ed,
good morning
[05:37 am] doji : Are
you travelling?
[05:37 am] Ed : yes
leaving in 2 minutes
[05:37 am] doji
: Ah ok, have a safe trip!
[05:38 am] Ed :
thx doji
[05:40 am] doji : Thanks Ed
for your input. We’le in the rooml miss you
her
[05:40 am] doji : hahha chinese
typing
[05:40 am] doji : we’ll miss
you in the room
[05:41 am] Ed : thx , see
you all later
[05:41 am] qwert : bye
Ed safe travels
[05:45 am] mikewd2 -: good
morning traders
[05:49 am] khall :
good morning mike
[05:50 am] khall :
gm everyone else as well! sorry, didn’t
see you guys there
[05:50 am] mikewd2 -:
hey khall
[05:51 am] mikewd2 -: tired of
all the fiscal cliff talk
[05:53 am]
mikewd2 -: nice gap up in GMCR on
earnings
[06:02 am] mikewd2 -: COST to
provide special $7 dividend
[06:02 am]
doji : Hi Mike, Qwert, Khall…. lunch
time here in Rio
[06:03 am] skydiver
: gm all
[06:03 am] qwert : gm to
everyone
[06:03 am] khall : mmm –
what’s for lunch?
*** austria -, Welcome
to the TradeStocksAmerica Live Trading
Room
[06:06 am] doji : Turkey
sandwich and orange juice… just having
lunch and trading….at least for the first
30min
[06:08 am] qwert : gap up
GMCR,EXPR,COST
[06:08 am] doji :
ANyone in GMCR?
[06:08 am] joeytsa :
Good morning Mitch,Ed, everyone
[06:08 am]
doji : I’ll wait for a decent pullback
~ gmcr
[06:08 am] cowboyh : GM
all
[06:09 am] joeytsa : thanks
qwert for gaps
[06:09 am] qwert :
Gap down TFM,MCC
[06:09 am] mikewd2 -: TFM
earnings miss
[06:09 am] skydiver :
thnx qwert for gappers
[06:09 am]
doji : ~33.0 or 32.4 (200dMA)…
perhaps the shorts will cover from the open
and it would run up very quicly
[06:10 am]
qwert : AEO gap up as well
[06:10
am] joeytsa : also watch
EXPR,AEO,ANN,JOSB
[06:10 am] joeytsa
: new home sales @ 7pdt,crude inv
7:30pdt
[06:11 am] joeytsa : AAPL a
bit ugly so far
[06:11 am] doji : Hi
Joey
[06:11 am] mikewd2 -: your right
joey
[06:12 am] joeytsa : hey doji,
how are you
[06:12 am] mikewd2 -: American
Eagle says drove positive comps, record sales
volumes on Black Friday
[06:12 am]
joeytsa : AAPL down 8pts from yest
cl
[06:12 am] joeytsa : ANN had
decent earnings
[06:12 am] joeytsa :
JOSB mixed
[06:14 am] Mitch K: thanks
joey
[06:14 am] doji : For APPL
lovers:
http://www.hftalert.com/aapl_lows.htm
[06:
14 am] doji : $565 a good support
level… so far
[06:15 am] doji : I
am fine Joey, thanks for asking
[06:15 am]
joeytsa : no prob Mitch, good to hear
doji
[06:19 am] go4it : just saw
webinar email what do you need to participate
again?
[06:21 am] joeytsa : lots of
the metal etfs with gaps
[06:21 am]
joeytsa : thx Mitch
[06:21 am]
khall : yes joey, crude futures also
down
[06:22 am] joeytsa : yeah
khall, almost $2 from overnight
high
[06:22 am] lisas : gm
all
[06:22 am] khall : 85 ish is a
previous support…
[06:22 am] khall
: gm lisa lisa
[06:23 am] joeytsa :
thx kat
[06:24 am] khall : welks
😉
[06:24 am] lisas : Hi
Katrina
[06:24 am] ticktrader : GM
Traders
[06:26 am] mikewd2 -: ACAD below
$5
[06:26 am] apple : gm to all
sharp traders
[06:26 am] apple : gm
mike
[06:26 am] apple : gm
tick
[06:27 am] apple : gm
lisa
[06:27 am] apple : gm
khall
[06:27 am] apple : gm
joey
[06:27 am] apple : gm
go
[06:27 am] apple : gm
doji
[06:27 am] apple : gm
qwert
[06:27 am] mikewd2 -: ACAD very near
50% retracement off yesterdays hi’s
[06:27
am] doji : Hi Apple!
[06:27 am]
qwert : gm apple
[06:27 am]
doji : Watch for weakness on SRPT as
advised by Ed
[06:28 am] doji : and
STX and WLL
[06:29 am] Mitch K: thanks
qwert
[06:29 am] skydiver : gm
apple, Mitch, and all 🙂
[06:30 am]
mikewd2 -: TFM
[06:31 am] apple : gm
sky
[06:31 am] apple : gm
MK
[06:31 am] apple : gm E
[06:31
am] doji : SRPT S
[06:31 am]
elisha : gm Mitch and
everyone
[06:31 am] skydiver :
SRPT
[06:31 am] apple : gm
elisha
[06:31 am] elisha : gm
apple
[06:32 am] joeytsa : watching
MNST
[06:35 am] skydiver : watching
AEO
[06:37 am] joeytsa : eye on
JCP
[06:38 am] joeytsa : COH
hod
[06:38 am] joeytsa : nice move
on GWRE
[06:39 am] joeytsa : crude
up 50cents from low, ES fighting to hold
1390
[06:41 am] doji : Watcginh SRPT
for second short leg
[06:41 am] doji
: Watching FB
[06:41 am] joeytsa :
ES using S2 as support triple
bottom
[06:42 am] sman :
COST
[06:42 am] doji : Watching
TFM
[06:42 am] joeytsa : TFM nice so
far doji
[06:43 am] doji : I am
watching for potential long Joey
[06:43
am] joeytsa : yeah, $49 support area so
far
[06:44 am] doji : But needs the
push of the SPY
[06:44 am] joeytsa :
ES bouncing between 1388.50-1390
[06:44
am] doji : ES looks weak
[06:46 am]
mikewd2 -: MNST bouncing
[06:46 am]
doji : Are you in TFM Joey?
[06:47
am] joeytsa : no, missed it
[06:47
am] mikewd2 -: missed TFM
[06:47 am]
joeytsa : was watching ES lose
support
[06:47 am] doji : Mee too
was watching the SPY
[06:47 am]
joeytsa : my dinger didnt ding
🙂
[06:48 am] joeytsa : might jump
on it if it makes a higher low on next
pullback
[06:48 am] joeytsa : GMCR
trying to get to $36
[06:48 am]
joeytsa : eye on VMW
[06:49 am]
doji : GMCR moving on short
squeeze
[06:49 am] joeytsa : good
earnings also correct
[06:50 am]
doji : Watching EXXI
[06:50 am]
doji : YEs Joey
[06:51 am]
khall : Prez on 11:55 EST for comments
on fiscal cliff – this should be
good
[06:51 am] doji : TFM at
VWAP
[06:51 am] joeytsa : watching
GPOR
[06:51 am] apple : thx
khall
[06:52 am] doji : Someone to
remind us at 11:55 please
[06:53 am]
apple : ok doji will do
[06:54 am]
doji : Thanks Pat
[06:54 am]
doji : MNST
[06:54 am] joeytsa
: new home sales in 5min
[06:55 am]
joeytsa : nice move on TFM
[06:55
am] joeytsa : into $51 res
[06:55
am] sman : Z
[06:56 am] doji :
SRPT still weak
[06:56 am] sman :
GPOR
[06:57 am] joeytsa : GMCR
testing $36 res here
[06:58 am]
joeytsa : missed nice pullback on
GWRE
[07:00 am] shark : home stocks
dropping
[07:00 am] doji : ES
dropped
[07:00 am] joeytsa : home
sales down
[07:00 am] khall : ouch –
revision down as well
[07:00 am]
shark : must be pulling SPY down
too
[07:01 am] doji : Bid drop in
LEN
[07:01 am] joeytsa : yeah 3pt ES
move
[07:01 am] shark : HD, WHR
…all effected too
[07:01 am] mikewd2 -:
AAPL lod
[07:01 am] doji : FB strong
vs. market
[07:02 am] shark : no
where to put those new ipads, mike
[07:03
am] doji : More drop in ES…
[07:04
am] doji : We just need Obama to say
that there is no agreement on teh fiscal clif
to tank the market
[07:04 am] shark
: 😉
[07:04 am] doji : Hi
Shark
[07:04 am] shark : hi
dojiiiiiiii
[07:04 am] khall : AAPL
new LOD
[07:05 am] skydiver : glad I
got out of a couple of my longs in
time
[07:05 am] joeytsa : 0bama to
meet with some ceo’s later also
[07:05 am]
joeytsa : FOSL trying to find a
bottom
[07:05 am] khall : private
lunch tomorrow in White House with Mitt
Romney
[07:06 am] khall : would love
to be a fly on the wall for that
one
[07:06 am] joeytsa : they are
ordering from Chick-Fil-A 🙂
[07:06
am] skydiver : wdc
[07:06 am]
skydiver : sorry wrong screen
[07:06
am] khall : that’s bad
joey…
[07:06 am] apple : on a 30
min chart, AAPL filled its gap from
Monday
[07:07 am] qwert :
hahaha
[07:07 am] shark : the secret
sky trades…aha
[07:07 am] skydiver
: 🙂
[07:07 am] skydiver : stealth
sky
[07:08 am] skydiver : I jumped
on JOY long – it was way risky but made a
small profit, and made a few dollars on KORS,
but both were not worth calling
[07:08 am]
doji : Watch 565 level in
APPL
[07:08 am] shark : thx
doji
[07:09 am] doji : Es still
weak
[07:09 am] apple : Crude
numbers at 10:30
[07:09 am] joeytsa
: yeah, fighting to hold 1383
[07:10 am]
shark : watching MLNX for
bottom
[07:11 am] apple : gm
shark
[07:11 am] shark : hi apple
🙂
[07:12 am] skydiver : watching
ROSE
[07:12 am] doji : Just one
trade today, SRPT…
[07:13 am] doji
: TFM heading towards 51 again
[07:13 am]
joeytsa : made that higher
low
[07:13 am] joeytsa : has some
res here and at $51
[07:14 am]
joeytsa : GMCR cons right around
$36
[07:15 am] skydiver : KORS –
slow climb this morning
[07:15 am]
joeytsa : TFM blew right through both
res levels
[07:15 am] doji : TFM
L
[07:15 am] doji : 54 resistance at
200dMA
[07:16 am] joeytsa : ES on a
slight move also
[07:16 am] doji :
ES very orderly move upwards… small green
candles
[07:18 am] skydiver : LNKD –
at vwap
[07:20 am] joeytsa : IOC
still trying to bottom
[07:20 am]
joeytsa : no shorts on IOC at
lightspeed
[07:21 am] joeytsa : nice
call on FSLR
[07:21 am] apple : 9
min to CL numbers
[07:21 am] shark :
thx, apple 😉
[07:22 am] qwert : no
shares for short onlightspeed for
FSLR
[07:23 am] doji : ES moving up
now
[07:23 am] doji : Nws?
[07:23
am] joeytsa : just pushed thru
S2
[07:23 am] shark : NWS needs to
break res, doji
[07:23 am] doji :
News
[07:23 am] doji : Not
nws
[07:23 am] doji :
sorry
[07:23 am] apple : let’s get
this rally going!!! 😉
[07:23 am]
skydiver : Bainer comments – positive
that there will be a deal made concerning the
fiscal cliff
[07:24 am] joeytsa :
yeah, once they get out of their options
haha
[07:24 am] shark : oh great,
all stocks controlled by federal employee
comments
[07:25 am] joeytsa : best
way to stop a falling market huh
[07:25
am] mikewd2 -: ACAD
[07:25 am]
joeytsa : see if GMCR holds $36
support
[07:26 am] shark : watching
DECK
[07:26 am] shark : since last
week, I’ve been seeing everybody pull out
their winter Ugh’s
[07:27 am]
skydiver : strange to see people
wearing those in california when it’s in the
80’s 🙂
[07:28 am] shark : we have
some 70’s days. that’s when they seem to be
out most
[07:28 am] doji :
GMCR
[07:28 am] qwert : hey the
people here think its cold when it dips to
under 70
[07:28 am] shark : hahaha,
totally qwert
[07:28 am] joeytsa :
woke up to 41 degrees here in vegas
[07:28
am] shark : omg
[07:28 am]
joeytsa : actually had to put on
clothes to trade haha
[07:29 am]
shark : so you shopped at
LULU?
[07:29 am] joeytsa : wife
does
[07:29 am] shark : or
JCP?
[07:29 am] joeytsa : crude #
coming out
[07:29 am] apple : 2 min
to crude
[07:29 am] joeytsa : dont
forget to pick up your powerball
tix
[07:30 am] shark : hey, you
should be checking out the retail sector,
joey
[07:30 am] doji : so you trade
neked Joey?
[07:30 am] mikewd2 -: thanks
joey
[07:30 am] joeytsa : no doji,
just in my pjs
[07:30 am] shark :
was waiting for your guidance on the #’s,
joey
[07:30 am] joeytsa : on crude
or retail
[07:30 am] shark : see
which ping pong balls will win the
race
[07:30 am] joeytsa : nice run
on DECK
[07:30 am] doji :
hahaha
[07:31 am] mikewd2 -: inventories
oil fell
[07:31 am] doji : DECK is
on the DSR’s short list
[07:31 am] mikewd2
-: 347k blls down
[07:32 am] mikewd2 -:
gasoline inventores way up
[07:32 am]
doji : Ok felllas have to work… I’ll
try to be back when Obama talks
[07:32 am]
shark : bye doji
[07:33 am]
skydiver : take care doji
[07:33 am]
joeytsa : bye doji
[07:33 am]
mikewd2 -: ACAD still moving
[07:33 am]
shark : watching DECK closer
[07:33
am] joeytsa : crude missed forecast by
800K
[07:34 am] joeytsa : GMCR
holding $36 so far
[07:34 am]
joeytsa : nice mike on ACAD
[07:34
am] mikewd2 -: no DECK shorts, etrade or
TS
[07:34 am] joeytsa : same with
lightspeed
[07:35 am] joeytsa : not
even goign to bother looking at schwab
🙂
[07:36 am] shark :
Ughhh
[07:36 am] qwert : watching
DDD
[07:37 am] qwert : Great call on
KLAC mitch thx
[07:38 am] joeytsa :
great short on DECK, just couldnt get
it
[07:38 am] mikewd2 -: AAPL
hod
[07:39 am] shark : 1/2 out DECK
40 naked calls
[07:39 am] mikewd2 -: nice
shark
[07:39 am] qwert : no shorts
on DDD at lightspeed either
[07:42 am]
apple : just sold my GOOG calls for a
great profit
[07:42 am] shark :
great apple!!!!
[07:42 am] joeytsa :
nice apple
[07:43 am] skydiver :
nice apple
[07:43 am] klas : Nice
apple
[07:43 am] lisas : awesome
apple
[07:43 am] qwert : nice
apple
[07:44 am] apple :
42
[07:44 am] joeytsa : GWRE still
climbing
[07:44 am] apple :
thx
[07:44 am] shark : yeah, good
mover, joey
[07:45 am] victor51 :
Apple, you are Options Queen.
Nice…
[07:45 am] skydiver : VRML –
jumped 32 percent which kicked on the circuit
breaker
[07:45 am] apple : learning
from some great people
[07:45 am]
shark : all out DECK 40 naked
calls
[07:45 am] jsn13 : ed, which
part of the webinar will you be
teaching?
[07:45 am] skydiver : very
very nice apple
[07:46 am] qwert :
jsn Ed is not here right now hes
traveling
[07:46 am] apple : also
holding dec calls on COST 97.50
[07:46 am]
qwert : logged on this am and said he
may be back later
[07:46 am] jsn13 :
okay i see. thanks qwert
[07:47 am]
qwert : sure
[07:48 am]
joeytsa : break time, see you in
20..real nice calls
[07:48 am] apple
: have joey
[07:48 am] skydiver :
enjoy your break joey
[07:49 am]
skydiver : VRML – open again — low
priced and dangerous stock
[07:50 am]
apple : have fun joey
[07:50 am]
skydiver : I feel lilke I’m rusty
mentioning such a low price stock
[07:50
am] qwert : bye joey
[07:50 am]
apple : i miss rusty, thx sky
[07:51
am] shark : you are doing so great,
apple 😉
[07:51 am] qwert : apple is
crushing the options
[07:51 am] mikewd2 -:
how do we know your not rusty????
[07:51
am] qwert : hahaha
[07:51 am]
skydiver : lol mike 🙂
[07:51 am]
shark : waiting to see the next options
trade
[07:52 am] mikewd2 -: watching
MSNT
[07:52 am] mikewd2 -: MNST
[07:52
am] apple : ok
[07:52 am]
shark : yeah qwert, I wouldn’t want the
other side of her options trades
[07:52
am] skydiver : monitoring
MELI
[07:53 am] shark : housing #’s
poss depressed by Hurricane Sandy
[07:54
am] skydiver : thnx shark
[07:55 am]
mikewd2 -: MNST nearing 50.00
[07:56 am]
go4it : GPOR moving
[07:56 am]
skydiver : long MELI 70.10
[07:56
am] qwert : monitoring SWN
[07:57
am] skydiver : all out of MELI long –
don’t like the way it’s acting –
[07:59
am] skydiver : well – my time is up –
and MELI acting better — see you all
tomorrow 🙂
[08:00 am] apple : bye
sky have a wonderful day
[08:01 am]
khall : bye sky
[08:08 am]
reshef : G. Morning Mitch, Ed and all
of you
[08:08 am] qwert : gm
reshef
[08:09 am] Mitch K: what time is it
in Bankok reshef 1110pm?
[08:09 am]
Mitch K: bangkok
[08:09 am] reshef :
11:09 PM
[08:09 am] qwert : KLAC
still going lovin it
[08:09 am]
apple : i like thai
[08:09 am]
apple : good for you qwert
[08:11
am] qwert : 🙂
[08:11 am]
joeytsa : DDD pulling back a
bit
[08:11 am] sman : FRAN
[08:12
am] joeytsa : TFM cfo to resign
12/9
[08:12 am] reshef : Mitch, I
purchased and download Ninja 7, and now I
want to purchase Kinetick, is the bacik
enough?
[08:12 am] joeytsa : GWRE
getting a bit of buying
[08:12 am] mikewd2
-: joey, SSYS been good trader last few
days
[08:13 am] joeytsa : yeah, the
3d market been decent, shark mentioned it a
week or so back
[08:13 am] khall :
reshef – basic is good if you just want to
trade stocks.
[08:14 am] Mitch K: reshef,
you need depth for $19 more a month on
stocks,
[08:14 am] Mitch K: were you
planning to just have stocks only on
quotes?
[08:15 am] apple : MK, we
need to get kinetic before saturday, correct,
i would like to get stocks, futures and
forex
[08:15 am] reshef : for now
only stocks, what do you mean
depth?
[08:16 am] Mitch K: order depth on
kinetick for stocks reshef
[08:17 am]
mikewd2 -: decent bounce on MNST, hope you
guys got it
[08:17 am] Mitch K: yes
apple. you can get your exchanges fee
waived once you link to an approved
broker. my kinetick bill is over $330 a
month for datafeed but now $27 once i linked
to broker
[08:18 am] apple : i have
TS
[08:18 am] apple : thx
[08:18
am] lisas : Unfortunately, I have TS
also
[08:18 am] jsn13 : mitch, if we
register for the webinar, do we have to
register for lightning before saturday as
well?
[08:18 am] apple : lisa they
are not approved, are they?
[08:18 am]
lisas : no apple
[08:19 am]
reshef : I see the depth now
20$
[08:19 am] apple : now
what
[08:19 am] doji : I have TDA
and can see stocks data in Ninja
[08:19
am] lisas : holy cow, look at klac,
kept a trailer on, pays to be lucky
sometimes
[08:19 am] joeytsa : nice
lisa
[08:19 am] reshef : Do you want
to add Market Depth, the ability to view
Nasdaq Level II data and futures market
depth?
[08:20 am] joeytsa : ES looks
like it wants to get back to 1400
[08:20
am] apple : nice job lisa
[08:20 am]
apple : joey, i think all of this was a
retest
[08:21 am] joeytsa : let it
run to set up a nice 0bama talk
short?
[08:21 am] apple : you got
it!
[08:22 am] joeytsa : 0bama to
speak in about 15min
[08:22 am] sman
: SRPT
[08:22 am] joeytsa : i have
him to talk at 8:35pdt
[08:22 am]
joeytsa : nice sman
[08:22 am]
mikewd2 -: all out MNST +1.05
[08:24 am]
joeytsa : great trade mike
[08:24
am] shark : nice mike
[08:24 am]
mikewd2 -: no shorts on SRPT at etrade, TS –
story of my life
[08:24 am] apple :
nice mike
[08:24 am] joeytsa : same
with lightspeed
[08:26 am] mikewd2 -:
looks strong, see if it breaks 30
[08:27
am] qwert : joey i just checked
lightspeed and they are there
[08:27 am]
joeytsa : thx qwert, when i see the “L”
i just move on to the next
[08:27 am]
lovlu : Mitch if I connect Ninja Trader
to IB for Saturday would it be good
enough?
[08:28 am] qwert : i was
doing that but started checking if its
slow
[08:28 am] cowboyh :
SRPT
[08:28 am] joeytsa : SRPT just
touched over $31, looks tired now
[08:28
am] joeytsa : good to know qwert, the L
just means that it has to be located, not
that they dont have them
[08:29 am]
joeytsa : i think the “T” means you
cant short it
[08:29 am] Mitch K: yes
lovlu but we are going to go over that
Saturday
[08:29 am] lovlu :
k
[08:30 am] qwert : i have been
denied several times today on some really
good ones
[08:30 am] Mitch K: i think we
are going to be longer than 3 hours, more
like 4+, I am at your service Saturday.
If i am not helping you, im just reviewing
charts anyhow, lol
[08:30 am]
joeytsa : europe closing
[08:32 am]
joeytsa : lower high on the ES, just
watching right now
[08:33 am]
victor51 : Mitch, we have lots of
trader with TS. what will be best set up
until we get Lightening on TS
[08:33 am]
qwert : SHS
[08:34 am] mikewd2 -:
Danfoss A/S proposes to purchase shares of
Sauer-Danfoss at $49
[08:34 am] mikewd2 -:
that’s SHS
[08:34 am] apple : thx
qwert mike
[08:34 am] sman :
SKUL
[08:35 am] qwert : thx
mike
[08:38 am] joeytsa : cyber
monday was up overall 30%, but individual
purchases fell from $200 to $130
[08:39
am] shark : interesting joey
[08:39
am] joeytsa : more people with internet
access?
[08:39 am] shark : I got
$450/shopper on black friday, up from last
year
[08:39 am] joeytsa : median
family wealth at 43 yr lows
[08:39 am]
shark : I believe that
[08:39 am]
mikewd2 -: i spend 0
[08:40 am]
shark : Buffet was on Jon Stewart last
night
[08:40 am] mikewd2 -: and 0 on cyber
monday
[08:40 am] joeytsa : i think
mroe people with internet access helped the
overall #
[08:40 am] shark : forbes
richest wealth quadrupled
[08:40 am]
shark : middle class sinking
[08:40
am] joeytsa : more people using smart
phones etc
[08:40 am] shark : I just
don’t get why anyone would xmas shop on a
smartphone
[08:40 am] murano :
Thanks for SRPT sman
[08:41 am]
shark : why not go to pc or
laptop?
[08:41 am] joeytsa : shop
from anywhere maybe?
[08:42 am] mikewd2 -:
Obama to speak soon
[08:42 am]
murano : WTW
[08:42 am] shark
: nice murano WTW
[08:43 am] shark :
DECK was nice long after pullback, missed
it
[08:44 am] apple : 11:55 mike —
it’s always fun to watch the
reaction
[08:44 am] shark : you must
be flaaaat, apple
[08:45 am] apple :
no, i am not
[08:52 am] go4it : what
about TZA when president speaks odds are
market will go down
[08:52 am]
murano : SHS up over $11, don’t know
why
[08:53 am] qwert :
GPOR
[08:53 am] mikewd2 -: i posted the
reason earlier murano
[08:53 am] mikewd2
-: Danfoss A/S proposes to purchase shares of
Sauer-Danfoss at $49
[08:54 am]
murano : Thanks
[08:54 am]
doji : Why an stock that will be
purchased at $49 continues moving? Short
coverage?
[08:55 am] mikewd2 -: might be
expecting a larger or other offers
[08:55
am] joeytsa : people just might be
excited
[08:56 am] lisas : apple,
you still here?
[08:57 am] apple :
yes
[08:57 am] lisas : Just tried
calling you, you have futures with
Infinity?
[08:58 am] apple :
no
[08:59 am] joeytsa : what a
surprise, 0bama is late
[08:59 am]
qwert : watching EXPR
[08:59 am]
khall : I don’t think the guy has ever
been on time
[08:59 am] khall : for
a news conference that is
[09:00 am]
joeytsa : supposed to talk at 8:35pdt
originally
[09:00 am] shark : prez’
groupies arriving
[09:00 am] shark :
uh oh….
[09:00 am] shark : Prez
speaking doji
[09:01 am] doji : YEs,
I have CNBC in TOS platform… watching
Obama
[09:01 am] shark :
🙂
[09:01 am] joeytsa : fair and
balanced
[09:02 am] shark : SPY
drop
[09:02 am] apple : there it
goes!
[09:03 am] joeytsa : this guy
is brilliant
[09:04 am] apple : joey
at least you are poised to short… nice
warning
[09:05 am] joeytsa : crude
pulling back
[09:05 am] khall : gold
as well
[09:05 am] joeytsa : ES
sitting on S1
[09:07 am] doji :
Anyone knows what is the ticker for the ES in
Worden?
[09:07 am] shark : I just
use SPY, doji
[09:08 am] shark :
upper class, lower class growing. middle
class shrinking
[09:08 am] doji :
Thanks Shark
[09:08 am] joeytsa :
the sad thing is that if $2000 makes or
breaks your year, you have made some
potentially wrong choices in life
[09:09
am] khall : or you’ve just had a crap
year with a lot of unexpected
expenses
[09:09 am] joeytsa : that
too
[09:10 am] doji : SPY moving
up
[09:10 am] shark : 2k still seems
like a lot to me
[09:10 am] shark :
my airfare for Peru and Vietnam, and
some hotel, food
[09:13 am] sman :
WYNN
[09:16 am] shark : RIMM nice
uptrend on 1min
[09:17 am] joeytsa :
ES up and over 1400
[09:17 am] shark
: shrugging off fiscal cliff news
[09:18
am] joeytsa : yeah, showing some
optimism at least
[09:18 am] joeytsa
: markets erased a decent early loss
overall
[09:18 am] shark :
🙂
[09:19 am] joeytsa : dow was down
over 100 at one point i believe
[09:19 am]
shark : yeah
[09:19 am]
joeytsa : AAPL hod
[09:29 am]
joeytsa : see you all for the final
90
[09:30 am] khall : later
joey
[09:33 am] apple : bye joey
have fun
[09:33 am] reshef : Mitch,
where the webinner in saturday, in the
trading room?
[09:33 am] cowboyh :
So long everyone have a good rest of the
day
[09:34 am] apple : bye cowboy
have fun
[09:35 am] shark : bye
cowboy
[09:35 am] shark : SPY New
hod
[09:36 am] reshef : Thanks Mitch
and have a nice day. see you
tomorrow
[09:37 am] qwert : bye
reshef, cowboy
[09:48 am] sman :
PENN
[09:58 am] qwert : monitoring
NFLX
[10:17 am] murano :
TDC
[10:22 am] ticktrader : MNST
moving
[10:23 am] slackyhacky :
sina
[10:28 am] qwert :
MLNX
[10:32 am] sman :
VECO
[10:37 am] sman :
NTES
[10:38 am] shark : watching
PCLN
[10:40 am] doji : TFM
[10:42
am] sman : TKR
[10:42 am]
qwert : TKR
[10:43 am] shark :
PCLN struggled at 650
[10:44 am]
shark : 200 day 646.55
[10:47 am]
qwert : GDI
[10:49 am] murano
: WSJ: Relational, Calsters Pushing for
Timken Shareholder Vote on Spinoff
–Source
11/28 12:43 PM
[11:09 am] joeytsa :
TKR looks nice
[11:11 am] Ed : nice money
day
[11:11 am] joeytsa : yeah, that
was a big down move
[11:11 am] qwert
: hey Ed
[11:11 am] Ed : hey
qwert
[11:11 am] joeytsa : good to
see you Ed
[11:12 am] qwert : did
you miss us
[11:12 am] lisas : Hey
Ed
[11:12 am] lisas : what you doing
down here?
[11:12 am] doji : Too
late for MLNX for me even if you think it
will get to $78
[11:12 am] Ed : hello, and
doji said you did not like me
[11:12 am]
qwert : hahaha
[11:12 am] doji
: Yes, he said that Ed…
[11:13 am]
doji : lol
[11:13 am] qwert :
shhhh
[11:14 am] joeytsa : EU
bailing out 4 banks, total $48B
[11:14 am]
joeytsa : spanish banks
[11:14 am]
Mitch K: hey Ed, i think Doji is a CEO of big
company, like TImken
[11:14 am] Ed : i
think he is also
[11:15 am] Mitch K: or
maybe it is MLNX since it is dumping
today
[11:15 am] Ed : lol
[11:15 am]
joeytsa : i think doji is that guy from
the cuervo commercials
[11:15 am]
shark : lol
[11:15 am] Mitch K:
we’re just razzing you doji, poor it on guys,
lol
[11:15 am] qwert : no
dosequis
[11:15 am] Mitch K: lol
[11:15
am] joeytsa : yeah, thats the guy
haha
[11:15 am] doji : Stay thirsty
my friend!
[11:16 am] doji :
hahahah
[11:16 am] joeytsa : ” I
dont always short stocks…but when i do,
look out below” 🙂
[11:16 am]
qwert : hahaha
[11:17 am]
joeytsa : an hour?? thats a swing trade
for me
[11:17 am] lisas : Well, you
know what that means Mitch
[11:17 am]
lisas : These stocks love to play
games
[11:17 am] Mitch K: what, tell me
Lisa
[11:17 am] lisas : You’re
impatient
[11:18 am] Mitch K: thats true,
very perceptive
[11:18 am] doji :
How was the botox session Ed?
[11:19 am]
joeytsa : haha
[11:19 am]
qwert : lol
[11:19 am] qwert :
hes sad but he looks happy
[11:19 am] Ed :
it was great
[11:19 am] Ed : i have a
permanent smile
[11:20 am] doji : I
can see that… you cannot even move your
fingers…
[11:20 am] Ed : lol
[11:20
am] shark : his fingers are his life,
doji
[11:20 am] joeytsa : doji : did
you see this video from brazil, its
hilarious…
[11:20 am] shark : have
to move quick
[11:20 am] lisas :
Where did you go Ed?
[11:20 am]
joeytsa :
http://www.youtube.com/watch?v=7N5OhNplEd4
[11:21 am] Ed : to Virginia Beach and back
218 miles round trip
[11:21 am]
qwert : watching HLF
[11:21 am]
joeytsa : used to love going to Va
Beach
[11:21 am] lisas : What!
without calling me????
[11:21 am]
doji : Was it Virgin Ed or
notg?
[11:22 am] Ed : oops, i left this am
at 8:40 and got back just now.
[11:22 am]
lisas : Funny, Chris is in Richmond
now, almost went withhim, but then figured
“whats in Ricmond to see”, lol
[11:22 am]
Ed : mum is the word doji
[11:22 am]
doji : Watching Apple
[11:22 am] Ed
: thats not nice lisa
[11:22 am]
joeytsa : just saw that Zig Zigler
died
[11:23 am] Ed : but u got me since i
did not let u know
[11:23 am] lisas
: that I can’t see in Jan I meant to
add
[11:23 am] lisas : Sounds like a
busy day anyway
[11:23 am] Ed : how old
was he
[11:23 am] Ed : yes very
[11:23
am] joeytsa : 86
[11:24 am]
lisas : Well, I really need to go, take
care all!
[11:24 am] joeytsa : bye
lisa lisa
[11:24 am] shark : bye
lisa
[11:24 am] Ed : c ya lisa
[11:24
am] doji : Bye Lisas….
[11:24 am]
khall : bye lisa
[11:24 am]
joeytsa : ES support at 1400
pp
[11:26 am] victor51 : see you
Lisas
[11:27 am] jsn13 : Ed, may i
know which part of the webinar are you
teaching?
[11:28 am] mikewd2 -: good
question jason, probably want to skip that
part – lol
[11:29 am] Ed : i will be
helping with response to questions
[11:29
am] qwert : hahaha
[11:29 am]
shark : joey…
[11:29 am]
shark :
http://www.youtube.com/watch?v=NeXMxuNNlE8
[11:30 am] joeytsa : yeah i saw that
last week haha
[11:30 am]
shark : lol
[11:30 am] joeytsa
: 2 really good elevator pranks the past
week
[11:31 am] sman :
RTLX
[11:31 am] joeytsa : TKR still
trickling down
[11:34 am] shark :
PCLN getting more interesting
[11:36 am]
qwert : shark are you gonna buy
puts?
[11:37 am] shark : watching
prices on calls/puts
[11:37 am]
shark : sell calls or buy
puts
[11:37 am] shark : $5 or $10
OTM
[11:37 am] joeytsa : nice spread
to cut into, just not enough vol
[11:38
am] qwert : thx shark
[11:38 am]
ticktrader : RAX @ HOD
[11:38 am]
doji : Thats is on PCLN right
Shark?
[11:38 am] joeytsa : there
has been a few big moves like this
today
[11:38 am] shark : RTLX 30%
move =serious speculation
[11:39 am] Ed :
agree shark
[11:39 am] doji : NCR is
buying RTLX
[11:42 am] joeytsa :
BIDU hod
[11:42 am] doji : GMCR at
37….
[11:44 am] joeytsa :
powerball probably will hit $600M
[11:45
am] shark : you posted #’s yet,
joey?
[11:45 am] joeytsa : i cant
play, had to get my sister get me
tickets
[11:45 am] joeytsa :
RAX
[11:47 am] joeytsa : could help
a lot of people with that kind of money
though
[11:47 am] shark :
🙂
[11:48 am] joeytsa : would set up
a bunch of charitable trusts, then each year
the interest goes to them
[11:49 am]
doji : But first just sahre 1M with the
trading room team please
[11:49 am]
doji : 1/2 million for Ed for the next
lipo
[11:49 am] Ed : cool
[11:50 am]
slackyhacky : darn, tried to sell RTLX
short when it hit high of 29.90, but stock
unavailable to short. What do you guys
do when that happens?
[11:50 am]
joeytsa : hey slacky, usually just go
to the next stock
[11:50 am] Ed : just
wait for next idea or opportunity
[11:50
am] slackyhacky : coo’
[11:50 am]
joeytsa : sometimes there might be put
options available
[11:51 am] joeytsa
: but some of these companies dont have
options or if they do, not much open interest
on them
[11:51 am] joeytsa : tighten
Rax if short
[11:52 am] shark : no
options RTLX
[11:52 am] qwert :
SFUN
[11:53 am] joeytsa : 2 things i
wish tradestation would implement on either
charts or order entry is if stock is
shortable and if its optionable
[11:56 am]
shark : RTLX sold to NCR for
30-31
[11:56 am] shark : (per doji’s
prev info)
[11:57 am] shark : $800m
$30-31/share
[11:58 am] victor51 :
Thanks Mitch and everyone for RTLX for a nice
short. All out with+1.7
[11:59 am]
joeytsa : which broker do you have
victor
[11:59 am] qwert : nice
victor no shares at
lightspeed
[11:59 am] joeytsa : 66%
of british millionaires left britain to avoid
tax rate
[11:59 am] shark : you had
to learn hebrew to find that out, Mitch? Way
to go!
[11:59 am] joeytsa : mazel
tov
[11:59 am] shark :
rofl
[11:59 am] victor51 : Qwert, i
found it at TS
[12:00 pm] qwert :
cool
[12:01 pm] joeytsa : nice trade
victor
[12:01 pm] shark : quick
$1.50 on PCLN options
[12:01 pm]
slackyhacky : TS?
[12:01 pm]
joeytsa : TS = tradestation
[12:01
pm] qwert : way to go shark so which
one did you do?
[12:03 pm] doji :
FSLR very strong today
[12:03 pm]
doji : in a hot rally since
yesterday
[12:03 pm] Ed : u play it today
doji
[12:06 pm] doji : no… busy at
the office today
[12:06 pm] shark :
qwert $655 puts long
[12:07 pm]
qwert : thx shark
[12:09 pm]
doji : on PCLN
[12:09 pm]
joeytsa : ES testing R1
[12:10 pm]
sman : RGR
[12:15 pm]
slackyhacky : my broker blows. No
FSLR stocks available to short either.
MACD, fast and slow stochastic crossed above
80, OBV downward trend, SMA signals
crossed…good sell short signal.
bummer
[12:15 pm] doji :
FSLR
[12:15 pm] Ed : which broker you use
slacky?
[12:16 pm] slackyhacky :
tdameritrade
[12:16 pm] slackyhacky
: thinkorswim
[12:16 pm] joeytsa :
sometimes setups fail
[12:16 pm] Ed :
ok
[12:17 pm] doji : I can short
FSLR and have TDA
[12:17 pm]
slackyhacky : weird
[12:17 pm]
slackyhacky : I tried. it said I
couldn’t.
[12:19 pm] joeytsa : nice
pullback on FSLR
[12:21 pm]
slackyhacky : to bad too, 1% scalp on
the FSLR short
[12:21 pm] victor51 :
Thanks Ed for RGR for a quick .70 on
long
[12:21 pm] murano :
GES
[12:22 pm] Ed : nice trade
vic
[12:22 pm] joeytsa : nice one
murano..good trade victor
[12:26 pm]
joeytsa : tighten GES if long
[12:27
pm] joeytsa : went from a day that
looked to be ugly to a really nice
recovery
[12:27 pm] joeytsa : on the
markets i mean
[12:27 pm] joeytsa :
BIDU hod
[12:28 pm] doji : why a
downtrend market is ugly? I depends on what
side of the trade you are
[12:29 pm]
joeytsa : just the reaction you see on
tv
[12:29 pm] joeytsa : and for the
majority of people with 401ks etc
[12:31
pm] doji : The market just getting
irrational..
[12:32 pm] joeytsa :
NYSE BPI still in column of 0’s
[12:32 pm]
joeytsa : see if it switches to X’s in
the next day or 2
[12:33 pm] joeytsa
: WDAY getting some buying
[12:42 pm]
sman : Ed – how does NAV look for an
intermediate long?
[12:44 pm] Ed : whats
intermediatee for you?
[12:44 pm]
qwert : thx Ed
[12:45 pm] sman
: days to weeks
[12:45 pm] Ed : 2 ways u
could play, start with small position of say
10% of normal size and add to it if it breaks
out over 21.13 with vol
[12:46 pm]
joeytsa : nice Ed, thats an ugly daily
chart
[12:46 pm] Ed : or just wait for
breaklout over 21.13 with vol
[12:46 pm]
sman : thx
[12:47 pm] Ed : if u
start with 10% small position would use a
close under 20.20 as reason to sell
[12:47
pm] Ed : a close of the 21.13 with vol would
give some credence to the trend change in
short term
[12:48 pm] joeytsa : had
issues at the 50ma
[12:48 pm] Ed :
right
[12:48 pm] Ed : so as example if u
trade say 1000 shares, then 100 shares would
be the 10% initial
[12:49 pm] Ed : u want
stocks to prove itself, its like an employee.
Would you continue to pay him/her if they
underperform
[12:49 pm] joeytsa :
great point
[12:49 pm] Ed : NO
[12:49
pm] Ed : NO=NOT
[12:50 pm] joeytsa :
Ed: do you ever leg into position with
options?
[12:50 pm] joeytsa : then
add stock as it moves in your
direction?
[12:50 pm] Ed : never tried
legging in with options
[12:50 pm]
joeytsa : MLNX on a nice run
[12:51
pm] Ed : I always figure out what Im willing
to risk for options and stay with that
amount
[12:51 pm] joeytsa :
right
[12:52 pm] joeytsa : thanks
Mitch,Ed everyone…hope you all have a great
afternoon, see you tomorrow
[12:52 pm] Ed
: c ya joey
[12:52 pm] joeytsa :
good luck to all you powerball players
🙂
[12:54 pm] Ed : sman if u wait for
breakout with strong vol at 21.13 would use
like1/3 of normal position. You dont need
whole lot of money in a stock to move
portfolio when ur right on a stock with small
shares
[12:55 pm] slackyhacky : Nice
1.2% short scalp on GES
[01:00 pm]
shark : thx, Ed.
[01:00 pm]
shark : gn everyone
[01:00 pm]
khall : night all
[01:01 pm]
victor51 : See you bMitch, Ed and all
great traders
[01:02 pm] sman : gn
everyone
[01:02 pm] qwert : bye
everybody cya all in the am
[01:16 pm]
victor51 : Hi Mitch, I am planning to
use Ninja with kinetiks data feed but trade
on trade station. Do you think it will
work?
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