[06:21 am] Ed : good morning
traders
[06:29 am] Mitch K: market has
turned positive compared to last night’s
futures which were quite negative
[06:31
am] Mitch K: watching KORS for
bottom
[06:31 am] Mitch K: watching NUS
for long entry
[06:31 am] Mitch K:
watching SIX for bottom
[06:32 am] Mitch
K: watching HLF for long entry, long swing
trade on HLF and NUS
[06:32 am] Mitch K:
watching NOW for bottom
[06:34 am] Mitch
K: monitoring MON for top
[06:34 am] Mitch
K: watching COG for bottom
[06:34 am]
Mitch K: watching COH for bottom
[06:34
am] Mitch K: watching ELLI for
bottom
[06:35 am] Mitch K: watching MR for
bottom
[06:35 am] Mitch K: watching TGI
for bottom
[06:36 am] Mitch K: watching
SODA for top, then possible long entry after
pullback
[06:37 am] Mitch K: watching NUS
for long entry on bottom
[06:38 am] Mitch
K: watching CHTR move
[06:39 am] Mitch K:
headline was something like QIHU better than
BIDU?
[06:39 am] Mitch K: watching QIHU
for top; positive mention in CNBC
article
[06:41 am] Mitch K: watching INFI
for trades today
[06:41 am] Mitch K:
watching UA for bottom to buy
[06:42 am]
Ed : monitor FSLR for trades both
ways
[06:42 am] Mitch K: monitoring
MTW
[06:42 am] Mitch K: watching EBAY for
bottom
[06:44 am] Mitch K: monitoring MTGE
drop
[06:45 am] Mitch K: early sell signal
TGI long
[06:45 am] Mitch K: watching PCYC
for bottom
[06:46 am] Mitch K: watching
FSL for top
[06:47 am] Mitch K: when i see
an early sell signal, that refers to a
closing position of a long; i dont reverse
and short on an early signal, just use it to
close
[06:48 am] Mitch K: SIX still strong
at the moment
[06:49 am] Mitch K: watching
SLG for bottom
[06:50 am] Mitch K:
watching MED for bottom
[06:51 am] Mitch
K: watching KORS for 2nd helping
bottom
[06:53 am] Mitch K: consider
selling COG
[06:53 am] Mitch K: consider
selling PCYC
[06:54 am] Mitch K: consider
selling most of SIX or all soon
[06:55 am]
Ed : SPY near lod
[07:00 am] Mitch K:
watching MCK for bottom
[07:02 am] Mitch
K: 6E, Euro currency futures on one big long
run
[07:03 am] Mitch K: watching PSX for
bottom, no hurry
[07:04 am] Mitch K: still
watching KORS for bottom, next bottom should
be decent tradable long, tracking this on a 2
min chart
[07:10 am] Mitch K: starting to
watch RL for bottom
[07:13 am] Mitch K:
starting to watch CL, Crude Oil for
bottom
[07:18 am] Ed : SPY new
lod
[07:20 am] Mitch K: the CL bounce
weakening
[07:21 am] Mitch K: thats about
it for SLG bounce
[07:23 am] Mitch K:
watching JWN, GPS for small bounces,
retailers
[07:26 am] Mitch K: getting sell
signal on 6E
[07:30 am] Mitch K: better
trading today than Monday but still lower
volume, wont return to normal til next
week. still some decent ideas today
though
[07:39 am] Mitch K: HLF and NUS
making good swing trade moves, very early
stage of moving. i think excellent
potential as a long swing
[07:40 am] Mitch
K: for
[07:40 am] Mitch K: no taco, i
think RGR’s down move is top fore that bounce
from $40 to $45 area
[07:41 am] Mitch K:
when you see that kind of down day like today
after 3-4 strong up days, usually is a top
for a few days. i would look at that as
a long swing below $42
[07:45 am] Ed :
monitoring LULU
[07:49 am] Ed : SPY new
lod
[08:12 am] Ed : lower low in
SPY
[08:12 am] Mitch K: indexes drop is
getting steeper
[08:13 am] Mitch K:
consider covering 6E if short from 52 min
ago
[08:14 am] Mitch K: CL in no trading
zone, means no touch
[08:29 am] Ed : SPY
new lod
[08:31 am] Mitch K: I love what
the Starbucks founder has been communicating
to politicians: “We’re paying
attention, we’re greatly disappointed in
what’s going on and we deserve better,”
Schultz told Reuters in a telephone
interview.
[08:39 am] Mitch K: good call
on KORS off $50 mike
[08:39 am] Mitch K:
today is the type of day where jumping on the
trend trade is effective as opposed to
waiting for an hour or two for a
reversal
[08:40 am] Mitch K: starting to
watch AMZN
[08:54 am] Ed : SPY bouncing
off bottom
[09:17 am] Mitch K: consider
selling SIX if long; watching for
short
[10:14 am] Ed : SPY trading in tight
range so far after drop
[10:43 am] Mitch
K: SIX short should be covered by now,
assuming you guys are on it
[11:46 am] Ed
: good eye murano
[11:57 am] Ed : if u
shorted MRVL would look to cover some
here
[11:57 am] Ed : thx for nice call
murano
[12:17 pm] Ed : sitting on last 1/4
of MRVl short
[12:18 pm] Ed : out all MRVL
short
[12:41 pm] Ed : SPY
pullingback
[12:59 pm] Ed : have a great
evening traders
[12:59 pm] Mitch K: you
guys take care, see you tomorrow. same
pattern as usual, most ideas first 45
minutes. Expect Friday to be really
dead, Then Monday next week should start
returning to normal
| [06:15 am] taco : good morning
all
[06:16 am] taco : ho ho
ho
[06:17 am] cowboyh : GM
taco and all traders
[06:18 am]
taco : /Cl is moving
[06:19 am]
cowboyh : so is GC and NG
[06:21 am]
reshef : G.morning
[06:21 am]
cowboyh : gm ED
[06:22 am]
qwert : Good morning Ed, and to
everyone hope you all had a nice
Christmas
[06:30 am] elisha : Good
Morning Mitch, Ed and everyone
[06:30 am]
mikewd2 -: SPW
[06:31 am] taco :
NUS
[06:31 am] aussie123 : /cl plus
2.25
[06:40 am] mikewd2 -: WTI oil up
2.28
[06:43 am] lisas : gm
all
[06:48 am] apple : good morning
to all happy traders
[06:48 am]
apple : gm lisa
[06:48 am]
apple : gm mike
[06:48 am]
apple : gm aussie
[06:48 am]
apple : gm taco
[06:48 am]
apple : gm elisha
[06:48 am]
apple : gm qwert
[06:48 am]
apple : gm cowboy
[06:48 am]
apple : gm reshef
[06:49 am]
apple : gm E
[06:49 am] apple
: gm MK
[06:50 am] elisha : good
morning energetic apple
[06:50 am]
skydiver : gm all
[06:50 am]
skydiver : bit late – computer issues –
but ok now
[06:50 am] apple : gm
sky
[06:51 am] apple : sky – i think
that’s when you do your best
[06:51 am]
skydiver : gm apple — you’re right
apople 🙂
[06:51 am] skydiver :
apple
[06:53 am] taco : mike, what
are pivots for HLF?
[06:53 am] taco
: i have 28.08 on freestockcharts
[06:55
am] mikewd2 -: i have 27.20 then
28.42
[06:55 am] taco : ty
[06:55
am] qwert : Watching RIMM
[06:57 am]
mikewd2 -: stopped on KORS long
[06:57 am]
skydiver : mike – I was stopped on KORS
long as well . . .
[06:58 am]
skydiver : KORS been weak this
morning
[06:58 am] mikewd2 -: yeah, went
with the call against better
judgment
[06:59 am] mikewd2 -: might be
better if it bounces off pivot
[06:59 am]
mikewd2 -: clf
[07:01 am] regatta :
watching RIMM
[07:05 am] skydiver :
thnx Mitch
[07:09 am] apple :
FFIV
[07:10 am] mikewd2 -: KORS
L
[07:10 am] mikewd2 -: again
[07:10
am] mikewd2 -: may be a bit early
[07:14
am] mikewd2 -: watching KSS
[07:14 am]
skydiver : SPY stuck in a tight
range
[07:23 am] lisas : gotta go,
family waking up. Hope everyone is enjoying
the holidays!
[07:24 am] taco : bye
lisa
[07:24 am] skydiver : take care
lisas
[07:24 am] apple : have fun
lisa
[07:24 am] taco : hi
apple
[07:24 am] Ed : c ya lis
[07:24
am] Ed : lisa
[07:24 am] qwert : cya
lisa
[07:26 am] mikewd2 -: MED down big on
CFO resignation
[07:27 am] taco : i
think MED is also multi level org
[07:30
am] skydiver : long KORS 51.69 –
finally
[07:30 am] mikewd2 -: finally
sky
[07:30 am] taco : nice
sky
[07:31 am] skydiver : all out of
KORS long’
[07:34 am] taco : Mitch
is RGR still ok? i’m swinging it at 43.10
since a few days ago
[07:35 am] mikewd2 -:
HLF
[07:36 am] mikewd2 -: taco: a bit
disappointed in RGR. I bought calls and
dumped then the same day with decent
profit.
[07:37 am] taco : thanks
mike, will see if it drops below 43 much.
hope its cons here
[07:42 am] taco :
thanks Mitch
[07:45 am] mikewd2 -: KORS
lod
[07:45 am] mikewd2 -: PANL
consolidating?
[07:48 am] mikewd2 -:
DECK
[07:48 am] cowboyh :
test
[07:49 am] qwert : you passed
cowboy
[07:49 am] cowboyh : im glad
studied a long time for that one
[07:49
am] qwert : hahaha
[07:55 am]
skydiver : long LULU 73.62 –
[07:56
am] mikewd2 -: nice entry, my charts didn’t
show it got that low
[07:56 am]
apple : nice move off bottom
sky
[07:56 am] skydiver : sorry mike
— got it for 74.04 LULU
[07:56 am]
mikewd2 -: KORS dieing
[07:57 am]
skydiver : all out of LULU
[08:00
am] skydiver : well — small profits on
three trades and one small loss . . nothing
to write home about, but in green 🙂
make lots $$ – off to the office i go
🙂
[08:01 am] taco : c ya sky good
day:)
[08:01 am] apple : have fun
sky
[08:02 am] skydiver :
🙂
[08:02 am] qwert : bye
sky
[08:23 am] jsn13 : ed, u said u
use 15min to look for s/r levels right? do u
use 5 days or 7 days of data?
[08:24 am]
Ed : 15 days
[08:24 am] jsn13 : oh
sorry i meants for futures like CL, SI,
6E….
[08:24 am] jsn13 :
*meant
[08:25 am] mikewd2 -: KORS at
lod
[08:25 am] mikewd2 -: one weak stock
and sector
[08:29 am] apple : /KOL
coal is up. funny. lots of folks
must have gotten some in their
stockings…
[08:30 am] mikewd2 -: will
watch KORS at 50.00
[08:35 am] mikewd2 -:
15 of 16 worst performers today is
retailers
[08:37 am] apple : ha, and
today is day after christmas sales… but
they said retailers were discounting before
christmas heavily
[08:39 am] Ed : 30 days
jsn
[08:40 am] mikewd2 -: thks Mitch, got
it 50.15 dumped 50.58
[08:41 am]
qwert : nice Mike
[08:41 am] mikewd2
-: pcln
[08:41 am] mikewd2 -: sorry wrong
window
[08:41 am] scalpman : All
KORS good one
[08:44 am] apple :
AMZN nice move off lod
[08:56 am] mikewd2
-: DECk bouncing
[08:56 am] mikewd2 -:
aapl
[09:07 am] scalpman : Time to
go small profitable day… thanks for trading
ideas see you tomorrow.
[09:07 am]
scalpman : Scalpman has left the
building!
[09:07 am] jsn13 : ed, so
u have 30 days 15min chart, 2 days 15min
chart to look for s/r levels for futures
setup?
[09:08 am] mikewd2 -: KORS lod,
nearing 50.00
[09:20 am] Ed : no just 30
day chart and 1min chart
[09:21 am]
jsn13 : ok thanks ed….
[09:22 am]
Ed : no problem
[09:24 am] mikewd2 -: HLF
new hod
[09:28 am] mikewd2 -: big vol
spike on KORS
[09:39 am] reshef :
NFLX
[09:57 am] regatta : watching
RTN
[10:08 am] go4it : out SIX short
thanks
[10:31 am] Ed : nice trading bruce
bruce
[10:31 am] apple : hey go,
howa are you?
[10:32 am] Ed : hi went,
doing fine
[10:32 am] apple :
haha
[10:33 am] apple : E did you
have a nice holiday
[10:33 am] Ed : when
did it start??
[10:33 am] Ed : it was
nice, I did miss the room though
[10:33
am] apple : last weekend
[10:35 am]
Ed : Im glad when they come and when they
go
[10:35 am] Ed : holidays that
is
[10:35 am] apple : or was that
relatives?
[10:35 am] Ed : them
too
[10:36 am] apple :
haha
[10:46 am] go4it : Hi Apple i’m
doing fine. just saw your post i was away
from computer
[10:51 am] apple :
good to hear
[10:52 am] go4it :
Apple how much snow you get
[10:53 am]
apple : nothing yet, waiting
[10:54
am] go4it : oh no white Christmas
🙁
[10:58 am] go4it : How was your
Christmas Apple was Santa good to you and
Robert
[10:58 am] taco : KORS is up
a bit
[10:59 am] apple : i baked
cookies all day yesterday and we had some
funtime together. now i have to get him
to take a shower and get some homework
done
[11:01 am] go4it : Good deal
reward him with cookies 🙂
[11:06 am]
apple : thx. i will
[11:08 am]
taco : RIMM had a push last few
minutes
[11:09 am] aussie123 :
APPLE…What kind of cookies???
[11:10 am]
apple : almond crescents, chocchip,
lemon and shaped sugar cookies
[11:11 am]
skydiver : just jumped on . . . apple
.. I’ll take one of each cookie 🙂
[11:11
am] reshef : JCP
[11:13 am]
aussie123 : Yummy||| Sounds like you
are having fun ..spoiling that young
man.
[11:13 am] apple : sending them
now, along with beverage of choice
[11:13
am] apple : he had a really good
christmas. i try.
[11:15 am]
aussie123 : GOD bless you APPLE…We
did the same thing with our son…problem is
they grow up so dog on fast:::
[11:17 am]
apple : true, he is eleven and will be
going to middle school next year.
[11:17
am] Ed : what i would do to go back to that
age
[11:18 am] apple : another move
up for INFI?
[11:18 am] aussie123 :
Youu are not alone ED
[11:18 am]
apple : i keep telling him this is the
most fun and carefree time of your
life…
[11:19 am] Ed : just eat, sleep,
play, cleen ur room,
[11:19 am] Ed : oh
yea and study
[11:19 am] apple :
huh, i wish!
[11:20 am] Ed :
cleen=clean
[11:20 am] apple : study
is all he has to do and he thinks it’s
work — so smart, he has it easy
[11:20
am] aussie123 : Good
student???
[11:20 am] go4it : I
remember thinking I don’t ever want to grow
up I just want it to be like this
forever
[11:21 am] apple : when he
applies himself, yes.
[11:21 am]
apple : he is blessed
[11:23 am]
aussie123 : Raising children is the
best gift GOD gave me
[11:23 am]
apple : how many?
[11:24 am]
aussie123 : One son…very good athlete
and student
[11:26 am] apple : how
old?
[11:26 am] apple :
agree
[11:32 am] aussie123 : Our son
is 56
[11:33 am] Ed : is that a typo
aussie
[11:33 am] aussie123 : Which
makes me pretty darn old
[11:33 am]
apple : lol, and you are proud of
him
[11:33 am] apple : you were 12
when you had him…
[11:33 am] qwert
: hahaha
[11:33 am] reshef :
SYNC
[11:36 am] aussie123 : No
typo…I picked up TSA to keep my mind
sharp…retired ih 1988… you people have
been a great help .. I love every one of
you
[11:36 am] reshef :
NEM
[11:36 am] apple : and we love
you as well, aussie
[11:37 am] Ed : thx
aussie we nub you too
[11:37 am] Ed : and
love you also
[11:37 am] taco :
that’s terrific aussie,
inspirational
[11:39 am] aussie123 :
I will becme an octagenerian on Dec 31,
2012
[11:40 am] taco : i think i
become a pumkin then
[11:41 am]
apple : happy birthday
[11:41 am]
apple : lol taco
[11:41 am]
apple : and wishing you all the best in
the coming year
[11:41 am] taco : )
ya happy early bday youngster
[11:42 am]
aussie123 : Thanks
[11:43 am]
apple : trading keeps you on your
toes
[11:44 am] murano :
MRVL
[11:56 am] reshef :
MRVL
[11:56 am] qwert : MRVL to pay
1.17 billion in patent case according to fly
on the wall
[11:57 am] apple : thx
qwert
[11:57 am] apple : thx
murano
[12:12 pm] victor51 : Hi
Mitch, Ed and all trader family, I hope
everybody had great X’mas holidays. I am
trying to get back after a week long
holidays
[12:16 pm] apple : hey
victor how are you
[12:19 pm]
victor51 : Apple, kids went back to
their home and I am trying to reorient to
trading. will take few days. How was your
X’mas?
[12:19 pm] taco : nice one
ed
[12:19 pm] Ed : thx taco
[12:19 pm]
victor51 : Ed, Nice execution
[12:20
pm] Ed : i owe murano a taco or ice cream
cone, his choice
[12:20 pm] apple :
hope you are well victor
[12:34 pm]
victor51 : Apple, I am fine except
heavy rain for the past four days. Finally
just show rainbow this morning
[12:35 pm]
victor51 : Ed, what was your entry and
vexit time on MRVL?
[12:36 pm] Ed : entry
2:48 2 minutes after the posting, covered
some 2:57 and last at 3:18
[12:37 pm] Ed :
times are est
[12:37 pm] Ed : covered 3/4
first then 1/4
[12:38 pm] apple :
great baked cookies all day yesterday and had
some funtime with my son.
[12:40 pm]
apple : weird, typed that entry a while
ago…
[12:41 pm] murano : See ya’ll
tomorrow
[12:41 pm] taco : bye
murano
[12:43 pm] apple : bye murano
have fun
[12:44 pm] Ed : c ya
murano
[12:45 pm] qwert : Bye
everybody cya all in the am
[12:45 pm]
victor51 : Thanks Ed. Learned little
bit more from your exit
[12:45 pm]
taco : bye qwert, ce ya all Ed and
Mitch thank you
[12:46 pm] apple :
bye qwert have fun
[12:47 pm] apple
: bye taco have fun
[12:47 pm] Ed : c ya
taco
[01:00 pm] apple : thx MK, E
and everyone. all have a fun
evening.
|
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