Trading with Jerry Olson

[Paul A]

soooooooooooooooo what are you trading Jer? : )


Whats the good word TS? Ihub.. tooo funny. those were the days..

stay well

[texassidestep]

: (

[Crazy Money]

Jerry has no clue

[titan3]

Hi Jerry,

What's your outlook for the markets tomorrow? Did we get enough of a meltdown (10%) for it to continue up or are we stalled waiting for news from Bernanke? You had great hope for the end of the year. Still thinking that way? I thought people sold off for tax purposes.

Thanks

[yayaa]

Why did Citigroup upgraded Homebuilders? Read this,

Before getting into why Citigroup may have upgraded the homebuilders, let’s review the similarities between October 1987 and October 2007 as hopes of a rate cut trap the bulls.

October 19 marks the 20th anniversary of the day nervous investors lost it all. It was the day floor traders headed to the exits, screaming with eyes shut, ears covered. It was also the day top floor investors were asked to hand over their window keys.

Managers were fearful of “jumpers” on the day the Dow plunged 22%.

But could it all happen again? You bet.

Even today, we have the same “crash” triggers in place: inflationary fears, skyrocketing oil prices, and Middle East tensions.

So, yes, it could happen again.

While we’re beginning October 2007 on a high note, be cautious. October has historically been a raucous month for the major indices. I’m sure you’re familiar with the crashes of 1929, 1987, October 27, 1997’s 554-point plunge, and the beatings of 1978, 1979 and 1989.

Scary similarities between 1987 and 2007…

In 1987, we had a rookie Fed boss in office.
In 2007, we have a rookie Fed boss in office.

In 1987, we had a powerful run on the stock market.
In 2007, we have a powerful run on the stock market.

In 1987, we had a weak dollar thanks to the Plaza Accord of 1985, which produced coordinated interest rate cuts and the eventual depreciation of the U.S. dollar in relation to the yen and the deutsche mark.
In 2007, we have a weak dollar because of overly aggressive interest rate cuts.

In 1987, oil prices were skyrocketing. Oil prices were dominating the wild fluctuations of consumer prices during the first three quarters of the year.
In 2007, oil prices are skyrocketing. Oil surged above $83 a barrel last week.

In 1987, we had Middle East issues with Iraq and Iran.
In 2007, we have Middle East issues with Iraq and Iran.

In 1987, we had a problem with housing.
In 2007, we have a problem with housing.

Similarities aside, the one big difference is inflation. But then again, is what the economists telling us about inflation true? My grocery bill is outrageous. My oil bill is ridiculous. Gold is at $750. Oil is above $83. The dollar is getting killed.

Could October 19, 2007 happen again? You bet… and it will.

As for the homebuilders…

There is still no bottom. Housing prices are dropping. Home sales are plummeting. Millions of ARMs will reset. Millions will lose their homes. Millions will become delinquent in payments. And housing prices will continue to come down.

Lennar and KB Home just posted monumental losses.

Yet, Citigroup is upgrading the homebuilders? Just why did they do that?

According to the analyst behind the upgrade, “We are not trying to suggest that trends in the home-building sector are about to get much better ... they have never been worse. And in this sector, with its long history of feverish booms and catastrophic busts, it is precisely when things have gotten this bad that the stocks start looking good."

So, because things have gotten bad, the homebuilders now look good. What?

There’s further downside risk for homebuilders because the homebuilders aren’t earning anything. They’re cutting home prices because of glut. Nothing is looking good. These builders will continue to write down impairment charges to write down the value of land held on books.

So, because more write-offs are expected and housing is expected to get worse, an upgrade is warranted?

Has thinking become a crime?

Here’s another reason not to listen to Citigroup. While you and I were shorting builders, lenders and banks for triple digit gains throughout 2007, the likes of UBS and Citigroup were heavily invested in subprime.

Citigroup just wrote off $5.9 billion because of subprime troubles and anticipated mortgage and banking losses. Q3 profits will now come down about 60% because of that. Q3 net income will now fall to $2.2 billion from $5.51 billion.

The truth – housing is a mess. ARM resets will wreak havoc starting this month. Home prices will continue to plummet because of heavy 8-month supply glut. Yet, homebuilders should be bought?

Please… ignore the banks. They got it wrong betting on the long side of subprime and lending. And they’re getting it wrong again.

Thinking has become a crime.

[Jerry Olson]

nice yaya..keep up the good work

[yayaa]

Jerry,HD Nov.35 puts here @ 1.15. Builders still in trouble IMHO. Feds helped out the banks,hedge funds etc...Don't see this sector moving forward with the market short term. Thats my play today,"Now lets go Get'em"

[Jerry Olson]

thanks yayaa

[yayaa]

Jerry thanks for the post,I went and zeroed out all positions last friday except for my ZG's. I am waiting for crude inventories today. I will make a market play 1st week in Oct. with a few equity plays in between. Damm the torpedoes and lets ride the PPT. Cheers and very nice call on your part

[Jerry Olson]

one week ago

JERRY OLSON'S
"POINT" OF VIEW NEWSLETTER
DATED SEPT 9TH 2007
JOBS DATA WAS THE TRIGGER

Hello out there all my cyber trading buddies from around the globe. It's been very hot here in the east for weeks on end. But the Fall is around the corner as cool breezes and pretty colored leaves change the seasons with new vim & vigor.

The trigger for the Fed to cut rates was the surprise jobs number on Friday. There's always some sort of event, to trigger this or that in the markets, it happens all the time. I was thinking what a good call i had last week saying the Fed Cuts in the headline of the newsletter, but had no clue that the employment report would be that bad. Not only was it negative, but they revised the numbers down for the last 2 months? Why bother reporting anything if their always going to "revise" the number anyway. I do not like this kind of record keeping since these shocks to the markets always end up badly. I would presume that you all now understand the Fed will cut and cut vigorously to help the economy before it really takes a hit. If the employment number was that bad this last month then what's going to happen as the housing market continues to layoff workers and the financial markets start to do the same? I would think the employment rate will tick up to 5% pretty soon and the Fed does not want to see that change of trend. The consumer and their jobs have been the backbone for this ballistic rally off the March 2003 lows. But nothing is ever written in stone for sure everyone. If the markets perception that there is a huge downside risk for corps because the consumer takes a walk in the park then earnings will be downgrade en mass. I think the whole street expects serious weakening numbers from all the financials anyway, but add to this lost jobs and a pull back in sentiment from the very people that brought us to the dance floor and you could see some very negative events down the long road ahead.

However, the optimist part in me says once we get this shock discounted for the next few weeks, and if the bullish percent charts do not reverse back down again, we could see a wild backing and filling situation over the next 4-6 weeks right into the dreaded Oct cycle lows. No one likes Sept in the markets anyway but I'm telling you all the Fed needs to step up to the plate here and now at this next meeting, cut rates, and make a major statement that the FOMC will do whatever it takes to right the potential of a recession looming out there now in the next 6-12 months. Let me refresh your memories about an article i wrote pertaining to Alan Greespan's remarks in Feb 2007 to some business men in Singapore that crashed the markets off the "then top" in less then 7 weeks start to finish. If you recall my insistence that we "buy that dip" because this was nothing more then China selling stocks for no real rhyme or reason, selling first and asking questions later. It created a Global sell off that must have put a broad smile on old Alan's face. Do you all remember what he said? NO? ok I'll tell you, he said there "could" be a recession later this year, and in hindsight this guy for my money strange as he might be, knows his stuff, agree?

So Alan is the Mystic Merlin of Wall Street and foresees serious trouble ahead. That kind of makes you take a step back and think about what the heck is going on underneath the financial sector that the whole world has no clue about. Is it only the FED, that knows? Does it matter to us? Darn right it does because the investing public is always last to the watering hole no matter what. It's tough enough to fight the tape, the trend, the charts etc, without having unknowns drop in our laps "kerplunk" all at once. Look I'm a realist, a trader in my heart. The days of buying and holding are long gone. If you continue to buy and hold without taking profits when they present themselves it's a huge mistake. Unless you're rotating in and out of sectors all throughout the year you're bound to lose all your money. I'm not going to knock brokers or advisors since they have enough trouble to contend with all the time. But what i can say is this, you cannot buy stocks today on fundamentals alone, and if you have not gotten true religion of becoming a chartist too, you might as well turn off the lights folks, because the parties over! There is no perfect science for trading or investing. The risk rewards of this business means you take that trade because all things being equal the reward far outweighs the risk. Let me ask you all right now, are you willing to risk it all right here and now? I'm not that's for sure!

While my internal bullish percents are still ok right now, anymore lopsided moves like Friday and they'll reverse back down again. Are there long side trades to be made, you bet. Oils and Oil services look sensational, Gold is blowing and going too. The sectors currently on the bottom can languish there for moths on end. So for all intents and purposes till the BP's reverse down, the OFFENSE is on the field expecting these wild gyrations as we form the bottoming process. When it stops and begins to move higher with verve and style then we'll add the other half of that sideline cash. Right now we wait and play it safe. We have 7 trading days till the FOMC hang tough!
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the password for this week is***************** benhelpus **********************one word lower case letters
===============================================================================================================

DJIA---LAST WEEK I TOLD YOU ALL THAT THE McCELLENS WERE HEAVILY OVERBOUGHT AND THE MAJOR INDEXS HIT "R" AT THE 61.8% FIBO RETRACE FROM THE JULY HIGHS TO THE AUG LOWS. SO WE CORRECT NOW AND SEE WHERE BUYERS SHOW UP http://www.buyitbuyitsellitsellit.com/OJ1.gif 13,250 THE REVERSAL BACK UP 12,950 THE SELL SIGNAL

NASD-COMP---A PERFECT 61.8 RETRACE OFF THE LOWS AND NOW THE CORRECTION. THIS CHART HAS NOT TOUCHED THE 38.3% DOWN YET. OTC IS STILL IN O'S BUT I AM WATCHING DAILY. http://www.buyitbuyitsellitsellit.com/OJ2.gif

NDX 100 INDEX---WE CAME DOWN TO THE 20 & 50 DAY MVA'S SO DOUBLE TIME FRAME SUPPORT AND NOW? http://www.buyitbuyitsellitsellit.com/OJ3.gif

RUT 2000 SMALL CAP INDEX---WHEN YOU VIEW THIS CHART NOTE THAT IT BROKE THRU THAT BLUE DOWNTREND LINE A WEEK AGO AS DID "ALL" THE OTHER MAJOR INDEXS. THIS IS IMPORTANT BECAUSE IT SHOWS STRENGTH. WHEN YOU HIT THIS DOWNTRENDLINE YOU USUALLY SELL OFF SO NOW IT HAS TO REVERSE BACK UP ASAP http://www.buyitbuyitsellitsellit.com/OJ4.gif

SOX INDEX THE SEMIS---SEEMS LIKE AN ORDERLY CHART PATTERN SO FAR...WE NEED A MOVE UP RIGHT HERE AND NOW http://www.buyitbuyitsellitsellit.com/OJ5.gif ANY BREAK OVER HARD R AT 510 AND WE'RE OFF TO THE RACES.

SPX 500 INDEX---MY PROXY FOR THE MARKETS---AT SOLID SUPPORT HERE NEEDS TO MOVE UP AND OFF THIS AREA NOW. A BREAK BELOW 1430 AND LOOKOUT BELOW. http://www.buyitbuyitsellitsellit.com/OJ6.gif

TLT---TNX---I CALLED THIS TRADE MONTHS AGO OFF THE BOTTOM OF THE 10 WEEK TRADING BAND FOLKS I SAID BUY THE US U7 AT 107.25 CHECK IT OUT NOW!!! AS THE FED CUTS RATES WILL BE VERY NICE FOR THE HOUSING DEBACLE ON DOWN THE ROAD.

GC CONTINUOUS---I WROTE THAT 700 WAS HARD R BUT THE GOLD BUGS BLEW THRU IT NICELY HERE'S THE CHART http://www.buyitbuyitsellitsellit.com/OJ7.gif

VIX INDEX---EVERYONE IS TALKING ABOUT THE VIX. THAT LOOKS LIKE A NICE RIGHT SHOULDER OF A H&S PATTERN IF IT WORKS WE'RE IN GREAT SHAPE http://www.buyitbuyitsellitsellit.com/OJ8.gif DOWNSIDE TARGET IS 16.00

ES U7 CHANGING TO DECEMBER THIS THURSDAY FOLKS THIS CHART LOOKS IDENTICAL TO ALL OF THE CHARTS RIGHT? SYMMETRICAL TO ME. IF WE BOUNCE THEY ALL BOUNCE UP TOGETHER. http://www.buyitbuyitsellitsellit.com/OJ9.gif

ALL AND ALL FRIDAY WAS A SCARY DAY FOR MOST TRADERS AND INVESTORS. WE ARE UP AND DOWN LIKE YO YO'S ON A STRING. THIS IS THE WAY THE MARKETS MAKES A BOTTOM. IT TAKES TIME FOLKS WE ALL HAVE THAT EVERYONE!
===============================================================================================================

THE PASSWORD FOR THIS WEEK IS benhelpus one word lower case letters
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NEM---44.50 THE BTL---43.90 THE SST---IF GOLD KEEPS ROLLING HIGHER THEN LET'S TRADE SOME GOLD STOCKS<G>

ABX---36.95 THE BTL---36.30 THE SST---SAME HERE AS THE BREAKOUT OF THIS LARGE BASE MAKES IT A SOLID TRADE

EXM---48.15 THE BTL---47.50 THE SST---WEIRD SECTOR BUT WOW CAN THIS TRADE STRONG WATCH 49.00 FOR A BIG B/O

JASO---39.15 THE BTL---38.55 THE SST---FABULOUS RELATIVE STRENGTH ALL LAST WEEK WATCH THE SKY HERE TRADERS

RMBS---15.75 THE BTL---15.15 THE SST---NEWS POST CLOSE ON RMBS WATCH THIS FOR EARLY STRENGTH THEN BUY IT

TSO---49.85 THE BTL---49.20 THE SST---AT THE 20 EMA, WAS A FANTASTIC OPTION TRADE FOR BETTER THEN 75% PROFIT

AMZN---84.85 THE BTL---84.20 THE SST---JUST AS STRONG AS ANY STOCK RIGHT NOW 83.00 3 BOX REVERSAL BUY AREA

ACH---62.05 THE BTL---61.40 THE SST---ANY BREAK BELOW 61.00 SHORT THIS HARD THE CHINA STOCKS ARE CORRECTING

OMTR---24.85 THE BTL---24.20 THE SST---WE NAILED THIS STOCK FRIDAY AGAINST ALL ODDS VERY NICE RS HERE FOLKS

NTRI---57.20 THE BTL---56.60 THE SST---I'M THINKING ABOUT TRYING THIS DIET SO TAKE IT LONG ON A SLAM EARLY<VBG>
==================================================================================================================

WE NEED TO SEE HOW THE STREET HANDLES THE FRIDAY CRASH. I DO NOT WANT TO SEE BP'S REVERSE DOWN HERE SO I'LL BE WATCHING WITH BOTH BAD EYES.

PLEASE USE HARD STOPS AND PLEASE STOP TRADING LIKE IT'S YOUR LAST TRADE OF YOUR LIFE. OVERTRADING WITH OUT TECHNICAL'S IS EATING YOU UP ALIVE.

SEE YOU IN THE ROOM, I'LL BE OUT BY 11.30 TO 1.30 EACH DAY THIS WEEK. YOU NEED TO TAKE A BREAK AT LUNCH TOO. TRADING THE DOLDRUMS IS A LOSER

SEE YOU IN THE ROOM

JERRY & INNA








Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

test

[Jerry Olson]

JERRY OLSON'S
"POINT" OF VIEW NEWSLETTER
DATED SEPT 16TH 2007
"EXPLOSION OR IMPLOSION"

Hello out there all my cyber trading friends from around the globe on this glorious sunny Sunday here in good old Philly USA. This is the best time of the year, changes in seasons & the weather, along with the sweet smell of that fresh autumn air. It's good to be alive!

Needless to say but the week of Sept 17th 2007 will go down in the annals of trading the markets as one of "the" most interesting weeks for years gone by and years to come. Not only is this Triple Witching Options Exportation week, but guess what? Ahh you already knew it right? The infamous FOMC meeting Tues of this week will no doubt bring a smile or tear to many traders eyes. It's obviously going to be watched by every country in the world, with glued eyes to the screens waiting with breathless anticipation for the incredible all important decision at 2:15 est. time Tues afternoon. In my very humble opinion this decision will be heard round the world as the definitive answer to the earth shaking question to cut or not to cut. I would guess folks that it will be the most watched announcement ever to date of this august body of movers and shakers. Will the markets explode or implode on that incredible tense announcement? In my Sept 3rd newsletter my headline was "The Fed Cuts rates". There is no change to that statement from me right here and right now. It is my contention that they will cut .25 basis points off the Fed Funds Rate, and as a show of strength also cut the discount rate another .50 basis points as well. This is no time for being meek and mild everyone. They need to make a serious statement to the world markets that they stand steadfast behind the notion of doing whatever it takes to bolster the "potential" push into the dreaded R word coming our way in the next two quarters. Make no mistake about it they have to react right now with force!

And react they will. Currently as we all know the Fed has been fighting the good fight against inflation real or otherwise. Over the last few months or more inflation has actually come down enough for them to ignore it right now. Then the next bit of news popped on the first Friday of Sept when the employment report shocked the street and the whole world as to how weak it was all of a sudden! Was this the so called "tell", the "trigger" if you will to give the Fed the cover they needed to do what is correct right now? Yes i say, yes it was, yes it is, and yes they'll cut. Now all the politicians are pounding their fists for a .50 basis point cut as well they should elections are coming up fast. Let's get on that bandwagon and see if we can "push" the Fed into action in a big way. Yeah well forget that folks. Ben Bernanke & Co. will never cut .50 basis points because it will scare the hell out of the wall street weaklings right to there inner core! All the current screamers on the boob tube are out there en force trying to jawbone the Fed to do the same thing. Gee it's fun to watch all that nonsense over and over again and again. The day Jim Cramer went ballistic on CNBC, and i love this guy for what he represents to traders and investors, goes to show you how adamant some people believe the Fed is currently behind the curve demanding a lot more for the money. I say the Fed is NOT behind the curve and if they do what they will here it's going to be pro active not reactive. The Barney Franks of the world are trying to intimidate Ben B, but alas that will never work on mild mannered Kent Clark folks. Make no mistake about it, Mr. Bernanke, has total control over the problems and will act accordingly right now!

Ok so what does all this mean to us traders, us investors, us buy and holders. Obviously let's wait for one and half days to see what the Fed actually does, let's digest it, let the street wobble around for a few days trying to make sense of this action. Then of course the reaction will be what the markets world wide will conclude from this event. After years of studying the Point & Figure charts, sprinkling in the candlesticks as well. Using the two in tandem with each other, i have come to the conclusion we are going to explode not implode post FOMC! Oh we may jiggle around for a few days maybe a week or two, but the way the charts are setting up right now the onus is on us bulls goring the bears into total submission. You heard it here first my trading friends. We are with out a doubt going to new highs over the next 6-12 months, with a potential breakout of the recent July highs coming our way within a week or so on high and heavy volume. The funds are going to be buying everything that is not nailed down. Damn the torpedoes full speed ahead. Yes we have high crude prices but they're ready to fold and roll down, yes we have high commodity prices but the world is growing fast these days and we'll just have to live with higher prices over time since our wages are going up as well. It is time for all of us to be ready willing and able to make the necessary next steps to wealth appreciation and stop worrying about wealth preservation. We all shall wait for the news, the answer Tues at 2:15 and then the reaction to same. Stand fast and do not be afraid!
================================================================================================================

the password for this week is-------------------- wildweek ------------------------- one word lower case letters...please type in correctly gosh!
================================================================================================================

DJIA---13,500 IS THE NEW BUY SIGNAL ON THE P&F CHART AND THE BREAK OUT ABOVE THE PENNANT TOP http://www.buyitbuyitsellitsellit.com/OJ1.gif

NASD-COMP---SAME LOOK SAME SET UP WE NEED TECH TO PUSH US HIGHER RIGHT NOW http://www.buyitbuyitsellitsellit.com/OJ2.gif

NDX 100 INDEX----ALL GAPS ARE FILLED ON THIS DAILY CHART. THE NDX IS LEADING THE MARKETS HIGHER ALONG WITH THE BULLISH PERCENTS TOO 2040-60 IS MAGICAL http://www.buyitbuyitsellitsellit.com/OJ3.gif

RUT 2000 SMALL CAP INDEX---WHILE IT MAY NOT BE EVIDENT TO MOST THIS INDEX IS BUILDING A LARGE SIDEWAYS BASE. ANY PRICE OVER 808 AND WE'RE GOING TO NEW ALL TIME HIGHS http://www.buyitbuyitsellitsellit.com/OJ4.gif

SOX INDEX SEMICONDUCTORS---NOTICE ON THIS CHART THE SEMIS ARE AT SOLID SUPPORT AT THE 200 EMA. BUT ALSO AT THE BOTTOM OF THE LOWER TINE ON THAT FORK I DREW TOO. I'M LOOKING FOR A POP HIGHER THIS WEEK TO HELP THE WHOLE MARKET http://www.buyitbuyitsellitsellit.com/OJ5.gif

XAU AN ETF FOR GOLD TRADERS---ALL GOLD CHARTS ARE AT EXTREMES AND NEAR THE TOP OF THE 10 WEEK TRADING BAND. EXPECT A SELLOFF IN GOLD THIS WEEK OR NEXT http://www.buyitbuyitsellitsellit.com/OJ6.gif

CRUDE OIL CONTINUOUS CHART---OVERBOUGHT ON ALL TIME FRAMES DUE FOR A PULL BACK THIS WEEK OR NEXT http://www.buyitbuyitsellitsellit.com/OJ7.gif

TLT LEHMAN 20 BOND INDEX---OVERBOUGHT HERE AT THE TOP OF THE 10 WEEK TRADING BAND EXPECT A CORRECTION IN BONDS WHICH IS BULLISH FOR STOCKS http://www.buyitbuyitsellitsellit.com/OJ8.gif

TNX THE 10 YEAR YIELDS---OVERSOLD DEEPLY ON THE CHARTS DUE FOR A REVERSAL BACK UP HERE ALSO BULLISH FOR STOCKS http://www.buyitbuyitsellitsellit.com/OJ9.gif

SPX 500 INDEX---MY PROXY FOR THE MARKETS---THE CHART SAYS IT ALL http://www.buyitbuyitsellitsellit.com/OJ10.gif

BOTH THE ES Z7 & NQ Z7 FUTURES ARE SETTING UP FOR A BIG MOVE UP MARKET WILLING. WEEKLY MOMENTUM ON THE MAJOR CHARTS ARE ALL POSITIVE AFTER BEING NEGATIVE FOR 12-13 WEEKS IN A ROW.

ALL AND ALL THIS WEEK INTO OCT TIME FRAME SHOULD BE ONE WILD RIDE INTO THE ABYSS. STAY TUNED FOLKS
===============================================================================================================

the password for this week is wildweek one word lower case letters
================================================================================================================

RMBS---18.75 THE BTL---18.10 THE SST---THERE WAS NEWS POST CLOSE FRIDAY ABOUT THEIR OPTIONS SITUATION. THEY HAVE MET SEC REQUIREMENTS TO REPORT PAST QUARTERS EPS INFORMATION. ON TOP OF THAT THERE IS COMING COURT NEWS, ON TOP OF THAT JAVA MAY IN FACT BE A SUITOR AT 21.00 BUCKS. ALL AND ALL A BULLISH BENT FOR RMBS GOING FORWARD. MY JAN 2008 & JAN 2009 LEAPS CALLS AT THE 20 STRIKE ARE GOING BONKERS. I ONLY HOPE ALL OF YOU OWN THEM AS WELL.

LEH---59.80 THE BTL---59.20 THE SST---HAS EPS DATE TUES AFTER THE BELL THIS IS A BIG ANNOUNCEMENT FOLKS

MS---66.45 THE BTL---65.80 THE SST---HAS EPS DATE PRE MARKET WEDS BUT WILL REACT LATE TUES NIGHT OFF LEH

GIS---58.00 THE BTL---57.45 THE SST---HAS EPS DATE WEDS PRE MARKET HAD A 2 STICK PULL BACK ITS READY NOW

OMTR---27.55 THE BTL---23.95 THE SST---LIKE THE ENERGIZER BUNNY KEEPS GOING AND GOING UNREAL FOLKS

ATVI---20.25 THE BTL---19.75 THE SST---KEEPS KNOCKING AT THE DOOR LOOKING FOR A BIG POP ON A GOOD DAY

EBAY---38.10 THE BTL---37.50 THE SST---JUST LOOKS GREAT HERE RUNNING UP AHEAD OF EXT MONTHS EARNINGS

CELG---69.35 THE BTL---68.70 THE SST---IN THE IBD NEW AMERICA PAGE LAST WEEK DUE FOR A NICE RALLY HERE

CHL---70.35 THE BTL---69.70 THE SST---SENSATIONAL CHINA STOCK HERE FOLKS WITH BULLISH IMPLICATIONS GOING UP

XLF---34.25 THE BTL---33.70 THE SST---IT'S ET UP FOR A BIG MOVE HIGHER IF THE BROKERS CAN COME IN GOOD
===================================================================================================================

SO WE ALL WAIT PATIENTLY FOR THE FED. MY THINKING IS WE RALLY UP AHEAD OF TUES AT 2:15 LET'S TRADE IT SMART

GOOD LUCK THIS WEEK ALL

SEE YOU IN THE ROOM

JERRY & INNA


Jerry Olson
The Jog Group LLC
[e-mail]

[blacktruck]

We are at the trendline here..

[Jerry Olson]

ATTENTION

HERE IS THE LATEST GENESIS LASER PLATFORM LAYOUT FOR ALL TRADERS THAT WISH TO TRY IT OUT...

http://www.jogtrader.com/members/laserinst.html

YOU MUST CONTACT ME FIRST [e-mail]

10-1 INTRADAY REUSABLE MARGIN

$200 PER MONTH PLATFORM FEE WAIVED FOR OUR GROUP

1 PENNY PER SHARE

$5000.00 TO OPEN AN ACCT GETS YOU $50,000 INTRADAY MARGIN

FASTEST AND BEST DAYTRADING PLATFORM ANYWHERE

NO HOLDING STOCKS OVERNIGHT...

GOOD LUCK

JERRY

[MajorBottom]

What happened ? I lieked you commentary.

Major

[xxxBOBxxx]

Bye Jerry.

Goodluck.

Sorry the daytrading thing didn't work out like you wanted it to.

Rough market.

Hope you still got a little of the trust fund left.

Cheers.

[Jerry Olson]

as of today i am done with ihub for the time being...

if you wish to talk to me use the PM here, or e-mail me at [e-mail]

good luck..

jerry

[Jerry Olson]

i rarely see any other traders post real time calls even after the fact on any boards...meaning it's alll bullshit folks...

this is real....live and in person...

(6:39 AM) Paltalk: TO ALL ROOM MEMBERS STICK TO THE RULES, ALWAYS USE STOPS, NEVER LET HARD WON PROFITS DIE, AND MOST OF ALL HONOR YOUR WORD AND COMMITMENT TO YOUR PROFESSION. ACT LIKE A PRO AND TRADE LIKE ONE.







(8:06 AM) pars A2000: gm everyone
(8:09 AM) road123_1: gm
(8:53 AM) mirror4: road...i saw there was some news out on teva yesterday, in the afternoon; some fund adding to their position
(8:54 AM) road123_1: ahh I didnt see that?
(8:54 AM) road123_1: was that what pushed it maybe?
(8:54 AM) mirror4: came out at 17:30
(8:54 AM) mirror4: i believe
(8:55 AM) road123_1: ah ok,
(8:56 AM) road123_1: I shorted some AMAT here, but only risking a dime..
(8:56 AM) mirror4: also, in the fwiw column, the rmbs thread over at IV reporting that there was a huge jump in the open interest on rmbs 22 options in last 5 minutes of trading yesterday
(8:56 AM) mirror4: i've not looked personally
(8:57 AM) road123_1: hey is that you that just put 15k sell on AMAT at 20.5?
(8:57 AM) mirror4: uh, that would not be me
(8:58 AM) road123_1: they are trying to push this market lower but there are alot of buyers to match those.. amazing stuff
(8:58 AM) mirror4: yep
(9:00 AM) road123_1: figures we are slow with the biz right now so I have alot of trading time.. when things were great I was busy.. dangit
(9:00 AM) road123_1: this kinda market is just fun to watch, not participate in hehe
(9:01 AM) road123_1: great.. laser went down.. and cant put a stop premarket so now I got an open position.. chit! lemme go hedge with ameritrade.. box that short..
(9:01 AM) mirror4: when superman's nerves of steel wither, he comes to me for an upgrade
(9:02 AM) road123_1: thats why you always need 2 brokers
(9:02 AM) mirror4: uh oh, intc just announced they're buying AMAT for $1000 per share
JerryO3434: morning all
(9:03 AM) mirror4: ok
(9:03 AM) road123_1: thats odd.. now im back in laser and the position is not there.. that cant be good
(9:04 AM) road123_1: no jer, I took a trade in AMAT.. laser went down.. now the position vanished.. I put a call into them because I know that somewhere that trade is still there
(9:05 AM) road123_1: good idea
(9:05 AM) mirror4: road...where's teva goin' today?
(9:06 AM) road123_1: hehe wish I knew
(9:06 AM) road123_1: like this ATVI tho..
(9:06 AM) mirror4: last 30m yesterday, it finally gave it up
(9:06 AM) road123_1: SMSI, a cheapo low floater to watch these guys had great earnings and alot of good traders follow this
(9:07 AM) road123_1: I may start playing alot of the 'junk' stocks for now.. big caps are not the place to be at all.. just insanity.. im seeing all this green on my old cheapo screen, consistently now for days
(9:07 AM) mirror4: sndk firming up a bit premkt
(9:07 AM) road123_1: errr not SMSI geeesh I meant SIMC
(9:07 AM) road123_1: big big BIG difference
(9:08 AM) road123_1: dangit theres my cover on AMAT and I cant do a thing.. going into 9:30 im going to be sweating bullets on that trade
(9:08 AM) mirror4: simc popped last 30m yesterday
(9:08 AM) mirror4: virtually no vol
(9:10 AM) mirror4: c'mon greedy bargain hunters
(9:11 AM) road123_1: SIMC had earnings yest.
(9:11 AM) road123_1: 3:45
(9:11 AM) mirror4: that would explain it
(9:11 AM) mirror4: vol too low for my taste
(9:11 AM) road123_1: there goes my AMAT cover heh
(9:12 AM) road123_1: think I need to just go back to bed.. I sure wont be taking a loss on this trade if/when they find my trade I can assure you that..
(9:12 AM) mirror4: nvda warming up again
(9:12 AM) mirror4: bid moving up
(9:13 AM) mirror4: q's improving
(9:15 AM) mirror4: big premkt buy sndk at .34
(9:16 AM) mirror4: 62k block
(9:17 AM) mirror4: think some 4 year old is playing with the button that controls crnt's ask
(9:24 AM) freedom_1000: GM all
(9:25 AM) mirror4: can you imagine sitting where you're sitting with tomorrow's newspaper in hand?
(9:25 AM) mirror4: what a candy store
(9:26 AM) brownbear7: dollar too
(9:26 AM) mirror4: well, i saw a squirrel this am, so that means buyers will show up today
(9:27 AM) mirror4: teva firming up
(9:28 AM) pars A2000: gm ,freedom and ALL
JerryO3434: parsa
(9:28 AM) pars A2000: thanks , gm jery
(9:28 AM) Greenback1: Hi parsa
(9:28 AM) pars A2000: hi green
(9:28 AM) cambria1895: morning jerry
JerryO3434: QID B/O AT 48.00
(9:32 AM) brownbear7: under 13,000
(9:32 AM) road123_1: CSCO lod
JerryO3434: 24.80
JerryO3434: 2480
JerryO3434: 1890
JerryO3434: 1420
(9:32 AM) cambria1895: expd flying
JerryO3434: SOX 485
(9:33 AM) road123_1: biotechs the bright spot again so far
JerryO3434: JASO
(9:33 AM) SUMIN985: gm all
(9:35 AM) pars A2000: i am long from yesterday in aapl,gs,leh,fslr
(9:37 AM) road123_1: FSLR tanking
(9:39 AM) mirror4: nstk green
(9:39 AM) road123_1: BBH still green.. biotech ETF
(9:40 AM) mirror4: crnt tempting...
(9:40 AM) road123_1: BIIB hod
(9:42 AM) kboston: qid trying to take 48 here
(9:42 AM) terry449: nvda sitting at yesterdays low
JerryO3434: LONG NVDA AT 44.22
JerryO3434: 20 CENT STOPS
(9:44 AM) road123_1: im short CEPH just over 69 here, very very risky scalp- stop just over 69.4, wanna see if they tank it here under 69..
(9:44 AM) SUMIN985: lg jaso 81
JerryO3434: SOLD NVDA AT 44.38
(9:44 AM) cambria1895: out 44nvda
(9:44 AM) road123_1: ISRG squeezing
(9:44 AM) road123_1: they couldnt push this one down like all the others- might be interesting
(9:45 AM) mirror4: teva buyers
(9:45 AM) cambria1895: sndk reversal?
(9:46 AM) mirror4: they knocked it down before it could get back over 43
(9:47 AM) mirror4: crnt pop
(9:47 AM) SUMIN985: akam new low
(9:48 AM) freedom_1000: nice call sndk, cambria
(9:48 AM) kboston: cambria nice eye on sndk
(9:48 AM) kboston: popped nice
JerryO3434: CROX
(9:49 AM) road123_1: I took that CEPH short off for small loss
(9:49 AM) SUMIN985: out jaso .11
(9:51 AM) SUMIN985: lg jaso .73
(9:51 AM) mirror4: leh going
(9:52 AM) mirror4: leh hod
JerryO3434: SS QID AT 47.46
JerryO3434: 20 CENT STOPS
(9:53 AM) road123_1: SOHU hod
JerryO3434: COVERED SS QID SS AT 47.32
(9:54 AM) SUMIN985: out jaso .05
(9:55 AM) mirror4: great call on quid
(9:55 AM) mirror4: qid
(9:56 AM) cambria1895: gs still going
(9:56 AM) grobb3: short dxd here
(9:57 AM) SUMIN985: lg jaso .20
(9:58 AM) grobb3: out @ dxd .1
(9:59 AM) kboston: ok what am i missing this time
(9:59 AM) mirror4: teva looks like it's almost ready
(10:00 AM) road123_1: long some ISRG at 199- so much for playing cheap stocks hehe, very small shares with 2 point stop
(10:00 AM) road123_1: TEVA you in mirror?
(10:00 AM) mirror4: teva going
(10:01 AM) road123_1: dang look at ATVI tank
(10:01 AM) mirror4: rmbs up 1c, let the balloons loose
(10:03 AM) mirror4: sndk running around in circles
(10:05 AM) mirror4: brcm double bottom
(10:06 AM) road123_1: ISRG needs to reclaim 200.. alot of sellers here at 199
(10:07 AM) mirror4: brcm lifting
(10:07 AM) mirror4: boy, sndk is all over the place
JerryO3434: ss qid at 47.59
JerryO3434: 20 cents
(10:08 AM) road123_1: BBH hod
(10:08 AM) road123_1: again, biotechs guys
JerryO3434: covered the ss at 47.40
(10:09 AM) SUMIN985: wtg jer
(10:09 AM) kboston: man my set up is a mess on the qid, i can't trade it good call
(10:10 AM) road123_1: ISRG trying, this 200, needs to take this 200 for me..
(10:12 AM) mirror4: they sure sold off leh
(10:12 AM) cambria1895: klac trying to break over 57
JerryO3434: ss qid at 47.50
JerryO3434: 20 CENT STOPS
JerryO3434: STOPS TO 10 CENTAS
(10:13 AM) road123_1: moving that ISRG stop to 198, this 200 still a problem
(10:13 AM) road123_1: I think it squeeze tho
(10:14 AM) road123_1: hey Mirror whats that 43.95 print on TEVA hehe
(10:14 AM) road123_1: 43.94
(10:15 AM) mirror4: screwing up my chart
(10:15 AM) road123_1: hate that
(10:15 AM) road123_1: this ISRG, cmon baby
(10:15 AM) mirror4: someone kick sndk in gear
JerryO3434: COVERED QID SS AT 47.34
(10:15 AM) freedom_1000: nice call jer
(10:15 AM) cgeorge405: ZUMZ look sharp today
(10:16 AM) freedom_1000: ya, i got it
(10:16 AM) kboston: nice call, my level 2 slow today, I CANT
(10:16 AM) road123_1: I cant take my eyes off this ISRG trade- wish I followed you tho jer : )
(10:16 AM) kboston: can't
(10:17 AM) road123_1: BBH another hod
(10:17 AM) road123_1: checkout CSCO
(10:18 AM) road123_1: ISRG 201
(10:18 AM) freedom_1000: CSCO was a cramer pump
(10:18 AM) road123_1: raising ISRG stop to lock in 1 point, I want to see this 201 give,
(10:19 AM) kboston: QID holding yesterdays close well
(10:19 AM) road123_1: ATVI yesterdays hero todays loser
(10:20 AM) road123_1: I took 2 points on ISRG
(10:20 AM) road123_1: next rally if the BBH is still strong im taking that ISRG.. it wants up
(10:21 AM) mirror4: someone kick sndk over 55
(10:22 AM) road123_1: scalping ISRG again on that 201 break,
(10:23 AM) road123_1: ISRG< gimme 202 dangit
(10:24 AM) mirror4: sndk acting like a reluctant bride
(10:24 AM) cambria1895: and klac
(10:25 AM) freedom_1000: sndk got it feelings hurt yesterday... scared to come out today
JerryO3434: SS QID AT 47.25
(10:26 AM) mirror4: i think it hit its head at .50 so hard earlier, still in a daze
(10:26 AM) grobb3: im short dxd here
JerryO3434: 20 CENT STOPS
(10:27 AM) kboston: 47.25 qid yesterdays close, been holding ok so far today
(10:27 AM) kboston: yep
(10:27 AM) road123_1: NVDA geesh
JerryO3434: 1443.50
(10:28 AM) mirror4: sndk pop finally
JerryO3434: COVERED THE QID AT 47.10
(10:29 AM) cambria1895: sina pop
(10:29 AM) johnww: yes
(10:30 AM) kirke-01: y
(10:30 AM) kboston: i did, level 2 finally slowed down
(10:30 AM) bocarat1: y
(10:30 AM) kirke-01: taken last 3
(10:31 AM) SUMIN985: out jaso lose .08
(10:31 AM) kirke-01: you have been knocking them dead today
(10:33 AM) kboston: QID plays well counter trend/contrarian, and should've known it would bounce at 47....
(10:34 AM) mirror4: sndk pop
JerryO3434: VDSI
(10:37 AM) road123_1: still no answer from bart about my AMAT trade.. ; )
(10:39 AM) SUMIN985: lg jaso .76
(10:39 AM) cambria1895: klac still pushing trying to get positive
(10:40 AM) SUMIN985: boy oh boy
(10:41 AM) stann8: I guess the first three didnt work
(10:41 AM) road123_1: this little GIGM still strong on good earnings yest
(10:42 AM) mirror4: sndk playing with that 55 level
(10:43 AM) mirror4: stay away from my fetish
(10:47 AM) SUMIN985: i'm lg jaso .70
(10:48 AM) mirror4: mkt seems to like something right now...
(10:48 AM) road123_1: long a little GIGM 12.36, who the heck knows..
(10:51 AM) road123_1: GIGM at hod, but not much volume to push over this 12.4
(10:54 AM) road123_1: GIGM, if only the market would firm up dangit..
(10:55 AM) road123_1: GIGM bam!
(10:56 AM) road123_1: GIGM has been a favorite of yahooers and such.. I think alot of folks are holding long for years and no plans to sell.. if it gets traction and market firms this is a great long.
(10:57 AM) road123_1: Im long from 12.35, but thats just a scalp.. probably better play later today
JerryO3434: sSS QID AT 47.57
JerryO3434: 20 CENT BUY STOPS
(11:02 AM) johnww: out qid .47
(11:02 AM) mirror4: where is the mkt going today...
(11:03 AM) mirror4: if you tell me, it's just between you and me
(11:06 AM) road123_1: took the GIGM off at 12.41,
JerryO3434: STOPED QID FOR 10 CENTS
(11:11 AM) mirror4: hope it's real, i wanna hear you scream "big push"
(11:12 AM) mirror4: bbl
JerryO3434: sndk lod
(11:19 AM) kboston: SNDK trying to bounce but not working
(11:20 AM) road123_1: cant find nada.. annoying market...
(11:20 AM) road123_1: SMSI another lod
(11:20 AM) road123_1: GIGM hanging at these highs
(11:21 AM) kboston: NVDA got a lil wedge gooing 5 mins
(11:21 AM) kboston: i'm I here????
(11:22 AM) kboston: am I?
(11:22 AM) kboston: k you know my internet...
(11:22 AM) kboston: still shaking
(11:28 AM) road123_1: GIGM hod
JerryO3434: dxd
(11:30 AM) road123_1: GIGM flying..
(11:31 AM) SUMIN985: out jaso .30 lose
(11:33 AM) road123_1: lordy lordy
(11:34 AM) road123_1: umm, I know it was a laggard for years but it pulled a CIEN/ADCT type move and now its a 'real' stock believe it or not
(11:34 AM) road123_1: had great earnings report.. revenue growth was huge
(11:34 AM) road123_1: and boy, when this market turns this is going to fly..
(11:35 AM) road123_1: this is just nuts
(11:37 AM) kboston: again the QID pops off yesterdays close, maybe i should just play it some time
(11:43 AM) kboston: qid looking strong
(11:45 AM) SUMIN985: no
(11:46 AM) freedom_1000: practicing being patient
(11:46 AM) cgeorge405: theres money to be made short and long in ZUMZ
(11:47 AM) cambria1895: nearly went on SNDK looking for a reversal at 54.18
(11:48 AM) cambria1895: yes I was just thinking about it
(11:48 AM) kboston: qid steady climb to highs
(11:49 AM) SUMIN985: zumz looks interesting
(11:49 AM) road123_1: GIGM hod.. go figure
JerryO3434: sox triggered at 485
(11:52 AM) kboston: i said QID looked strong then i sat on my butt while it climbed .30 and works on new highs, sheez
(11:53 AM) cgeorge405: Jerry can you re-send that info about the daytrading opp here... you sent the other day but I can't find it. Gathering some funds to give it a shot.
(11:53 AM) cgeorge405: yup
JerryO3434: [e-mail]
(11:54 AM) cgeorge405: thx
JerryO3434: http://www.gndt.com/home/software.htm
(11:55 AM) road123_1: this GIGM is the play today Jer..
(11:56 AM) brownbear7: sure looks loke NSTK wants up
(11:57 AM) road123_1: longs?
(11:57 AM) road123_1: gotcha : )
(11:57 AM) kboston: QID back to highs
(11:58 AM) road123_1: headfake after headfake
(12:01 PM) cgeorge405: appreciate it
(12:03 PM) road123_1: pins and needles geehs
(12:04 PM) kboston: last 5 min stick, QID didn't make a new high...
(12:04 PM) cgeorge405: just got it
(12:04 PM) cambria1895: gs and de pushing
(12:06 PM) road123_1: GIGM just keeps being bought..
(12:07 PM) freedom_1000: nice trades today jer. good luck all. see you tomorrow
(12:07 PM) kboston: and theres the QID rolling over off that failure.....
(12:08 PM) cambria1895: no interest in SNDK yet
(12:09 PM) road123_1: Im long BIIB, 59.95, stop 59.8 no ifs ands or butts
(12:10 PM) road123_1: checkout the BBH when you get a chance Jer- this is the biotech etf,
(12:13 PM) kboston: SNDK getting due for a bounce
(12:14 PM) cambria1895: I agrre kboston
(12:15 PM) kboston: showing some pos div 1 min,
(12:17 PM) kboston: working on it now SNDK only about a dime so far
(12:22 PM) kboston: SNDK slowed down at 54 as qid ran back up, later all will try to be back for close
(12:27 PM) cambria1895: I was in at 97 and out at 05
JerryO3434: having lunch
(12:40 PM) kboston: damn sndk bounced for a bout .25 then pfffft and lower
(12:40 PM) mirror4: vol on sndk sorta low
(12:41 PM) mirror4: eg pulled down on relatively low vol
(12:49 PM) road123_1: TEVA? BBH?
(12:50 PM) road123_1: BBH hod...
JerryO3434: raod
JerryO3434: dna has big impact on the bbh
JerryO3434: DNA
JerryO3434: i am eating here
JerryO3434: not tradiong
(12:51 PM) road123_1: gotcha
JerryO3434: road
(12:52 PM) road123_1: I still think BIIB takes out 60...
JerryO3434: AMGN IS 28%
JerryO3434: DNA 18%
JerryO3434: SORRY 38%
JerryO3434: FOR DNA
JerryO3434: NEXT IS GILD AND GENZ
(1:19 PM) road123_1: Im long some BIIB again.78
(1:19 PM) road123_1: I gotta be in this group going into the close unless this market sells
(1:20 PM) road123_1: CEPH real strong looking as well, they couldnt push it down so far
(1:21 PM) mirror4: what's with nvda?
(1:22 PM) road123_1: weird eh? yesterdays winner todays loser
(1:22 PM) road123_1: im just glad we got some work coming up..tired of trading this market at least for now : )
(1:24 PM) Greenback1: NVDA like my ex - very unpredictable
(1:25 PM) road123_1: hehe
JerryO3434: FUTES POP
(1:30 PM) road123_1: they keep buying these dips
(1:30 PM) road123_1: hard that last time
(1:30 PM) road123_1: BIIB watching this 59.9,
(1:31 PM) mirror4: nvda back to 44
(1:31 PM) mirror4: geessh
(1:32 PM) mirror4: sorta seems like "they" are waiting to see if this up direction is for real or not
(1:32 PM) road123_1: CEPH hod
(1:32 PM) road123_1: BIIB, im not raising my stop.. I want a break of 60 or stop out 59.5
(1:33 PM) mirror4: teva moved back up
(1:33 PM) mirror4: if there's a script to all of this, could i get a copy?
(1:33 PM) samscalper: aapl ready
(1:33 PM) road123_1: that whole group.. check out CEPH, almost took that trade too dangit
(1:33 PM) road123_1: heheh
(1:34 PM) road123_1: looks like we actually have a market short squeeze here
(1:34 PM) mirror4: 43 on teva
(1:34 PM) road123_1: BIIB huge volume here..
(1:35 PM) mirror4: can sndk make it back to the 55s today?
(1:35 PM) mirror4: that would be amazing
(1:35 PM) road123_1: shorts need to hold this 59.9/60
JerryO3434: BCK TO THE PIVOT
JerryO3434: 1443.50
(1:35 PM) road123_1: yeah, the questionis will it do it in the next 2 mins ; )
(1:35 PM) road123_1: CEPH hod
(1:36 PM) mirror4: that 43 seller on teva is persistent
(1:36 PM) mirror4: someone stick a dagger in his toe
(1:36 PM) road123_1: yup, BIIB the same at 60
(1:36 PM) road123_1: kinda takes the fun out of all this heh
(1:38 PM) mirror4: sndk 54.30...and the reason for taking it down to 53.65 was...??? ok, i won't ask
(1:42 PM) road123_1: this time they are really pushing the market...
(1:43 PM) road123_1: CEPH hod
(1:43 PM) road123_1: BBH hod
(1:44 PM) road123_1: they kept selling it and selling and that time tricked everyone and it was real
(1:44 PM) cgeorge405: ZUMZ hod
(1:45 PM) mirror4: it "looks" like teva will punch thru the 43 this time
(1:46 PM) cambria1895: damn look what I've missed
(1:46 PM) road123_1: SMH nearing hod
(1:46 PM) road123_1: Mirror that ones driving me nuts, im watching that 43...
(1:46 PM) mirror4: will be interesting to see what they do with nvda
(1:47 PM) mirror4: boy that 43 is tough on teva
(1:47 PM) road123_1: yup BIIB keeps selling off too.. shorts all over the biotechs- the close will be interesting in this group
(1:48 PM) road123_1: 43.02
(1:48 PM) mirror4: the 5 min stick a few back had 95k
JerryO3434: HEY WALTER
(1:51 PM) road123_1: this seems to be the most steady we have been all day
JerryO3434: YES ME TOO
JerryO3434: GREAT
(1:51 PM) mirror4: sndk 54.50
(1:52 PM) mirror4: what's holding back nvda?
(1:52 PM) mirror4: buyers on teva refuse to give up at that 43 door
(1:52 PM) cgeorge405: ZUMZ hod
(1:52 PM) road123_1: they may not have a choice real soon mirror
(1:53 PM) mirror4: EDGX seems to be the villain
(1:53 PM) road123_1: BBH another high here
(1:53 PM) road123_1: DNA joining in now
(1:54 PM) mirror4: i'd luv to see nvda get back over 44, but taking its sweet time
(1:54 PM) mirror4: that's better
(1:54 PM) mirror4: lol
(1:54 PM) road123_1: wow buyers
(1:54 PM) cgeorge405: ZUMZ rockin
JerryO3434: DXD
(1:55 PM) road123_1: BIIB cannot take this 59.90, gotta do that before it takes 60.. real frustrating
(1:55 PM) mirror4: teva 43.06
(1:55 PM) road123_1: TEVA broke over that 43
(1:55 PM) mirror4: i want more
(1:56 PM) mirror4: nvda 43.50
(1:56 PM) mirror4: 50c to go
(1:56 PM) road123_1: mirror my guess is alot of big someones are shorting this biotech move.. i mean, its the obvious play.. the key would be if they fail to hold them here.. THats my play win or lose : )
(1:57 PM) cgeorge405: yeah im seeing that battle too
(1:57 PM) road123_1: the tape just so hard to read lately- these guys are raiding stocks left and right.. wonder if its working for them?
(1:59 PM) cgeorge405: another oddity to me is how the QID can be higher on a 15 pt up day for the Naz
(1:59 PM) cgeorge405: must be a divergence in the adv decl on the nas?
(2:00 PM) road123_1: that is weird
(2:03 PM) cgeorge405: looks like ZUMZ move was pat on a bounce off the daily 50ema which was 39.31
(2:03 PM) mirror4: teva buyers a stubborn bunch
(2:03 PM) mirror4: we need a big push up to wash out the scum, lol
(2:04 PM) road123_1: TEVA using that 43 as support now?
(2:04 PM) road123_1: BIIB attacking this blasted 59.9 again
(2:04 PM) mirror4: we should have some real upside on teva
(2:04 PM) mirror4: still not out of this area yet
(2:04 PM) road123_1: yup, i have a buy stop waiting
(2:05 PM) mirror4: maybe above 43.10
(2:05 PM) mirror4: or .12
(2:05 PM) road123_1: hate to take on 2 battles tho.. loaded up on BIIB here, and so far its not working.. well, barely considering the market move
(2:05 PM) mirror4: i won't tell you how many battles i'm fighting on
(2:05 PM) road123_1: hehehe
(2:05 PM) mirror4: only my psychiatrist knows
(2:05 PM) mirror4: thank gawd jerry can't see my positions, lol
(2:06 PM) road123_1: bah!!!!
(2:06 PM) road123_1: maybe he can : )
(2:06 PM) road123_1: Market weakens everytime my BIIB tries to break out
(2:06 PM) mirror4: c'mon teva, stick it to em
(2:07 PM) road123_1: now ya see why I started that construction biz??
(2:07 PM) mirror4: didn't know that you had
(2:07 PM) road123_1: yup..
(2:07 PM) mirror4: send me your email address; [e-mail]
(2:07 PM) road123_1: trading can be so fun/great, but man when it gets lousy its best to just leave hehe
(2:08 PM) road123_1: k
(2:09 PM) road123_1: sellers are back
(2:10 PM) cgeorge405: QID is win win, if naz goes up QID holds, if naz goes down QID takes off
(2:10 PM) road123_1: hehehe
(2:10 PM) cgeorge405: a lot of people betting we're not going to hold these gains today i guess
(2:12 PM) road123_1: sure sold off hard on that last push.. amazing..
(2:13 PM) road123_1: I need a coffee
(2:15 PM) mirror4: teva down to the 20
(2:15 PM) road123_1: yeah, looks like we cant hold gains here, all day
(2:15 PM) mirror4: fighting back
(2:16 PM) road123_1: yup-
(2:16 PM) road123_1: beyond words
(2:16 PM) mirror4: battle
JerryO3434: NVDA
(2:17 PM) mirror4: but i'm in the room,, lol
(2:19 PM) stann8: most difficult trading I have experienced
(2:19 PM) dasaenae: are we gooing neg Jer
(2:19 PM) road123_1: wow
(2:20 PM) mirror4: nvda sure came back fast
(2:22 PM) road123_1: TEVA held that time relatively well
(2:23 PM) mirror4: wish it would break out
(2:24 PM) cafescuderia: Just looked at the NASDAQ for the last year. Today is the second bounce off of the 200day which is 61.8 % of the recent range since last march.
(2:24 PM) road123_1: I have been watching BIIB hit this 59.9, and just cant push over..but then they sell it and bam it jams
(2:25 PM) cafescuderia: Not that it makes me feel much better.
(2:27 PM) road123_1: again BIIB hits sellers at 59.9
(2:28 PM) road123_1: grrrrrrrrr
(2:28 PM) mirror4: still looks promising
(2:28 PM) mirror4: nvda creeping up
(2:29 PM) road123_1: all im asking is the shorts squeeze it over 60 so I can call it a day..
(2:29 PM) mirror4: nvda action heating up
(2:30 PM) dasaenae: neg coming
JerryO3434: AMGN
(2:31 PM) road123_1: AMGN pushing up all afternoon
(2:31 PM) cgeorge405: lol, NAZ up 6 QID up .45.... that makes sense
(2:32 PM) road123_1: BIIB keeps making attacks, and higher
(2:35 PM) road123_1: rats...
(2:35 PM) dasaenae: i sold tooearly
(2:35 PM) cgeorge405: TSL just got smoked... lod, looking to bounce
(2:36 PM) dasaenae: waiting for red
(2:37 PM) cgeorge405: oof TSL getting hammered
(2:38 PM) cgeorge405: really volatile in TSL .30 moves in seconds
(2:39 PM) mirror4: everything is moving fast
(2:39 PM) mirror4: 10-20c in a blink
(2:41 PM) road123_1: red green red green man oh man
(2:42 PM) road123_1: AMGN interesting near hod
(2:43 PM) cgeorge405: they're saying that AMGN thing might be job cuts
(2:44 PM) road123_1: ahh thats why shes flying
(2:44 PM) cgeorge405: don't put too much faith in that just a message board rumor
(2:47 PM) cgeorge405: MZZ hod
(2:48 PM) road123_1: geesh
JerryO3434: NDX SELL SINGAL AT 1890
(2:52 PM) road123_1: BBH didnt blink
(2:53 PM) mirror4: teva still in the .90s
(2:53 PM) road123_1: crazy..
(2:54 PM) road123_1: AMGN strong still
(2:55 PM) road123_1: GIGM lost all its umph
(2:55 PM) Dean Wormer: here's a lesson learned on options - i bought an OTM Sept in BIDU when the stock was $195 and here it is $185 and the price is less than when I bought it three days ago!
(2:55 PM) Dean Wormer: Sept put
(2:56 PM) mirror4: trin .87?
(2:56 PM) Dean Wormer: yep
(2:56 PM) Dean Wormer: but BIDU looks like it's about to take a beatdown here
(2:56 PM) road123_1: guys buyers come right back into Biotechs
(2:59 PM) road123_1: im just watching to see if they rally us 1000 points into the close
(3:01 PM) mirror4: when nvda buyers show up, they show up
(3:03 PM) cgeorge405: SMSI quitting again today
(3:03 PM) road123_1: i feel bad for that stock- man what a pounding
(3:08 PM) road123_1: wow, thats selling
(3:08 PM) koza2: chek tis sds
JerryO3434: no longs
(3:09 PM) cgeorge405: they're taking TSL apart
(3:11 PM) cgeorge405: SMSI, wow just goes to show you insiders suck
(3:12 PM) stann8: skipped right thru levels on the es on that last move
(3:12 PM) brownbear7: 1890 ndx
(3:12 PM) kboston: wow i missed some fun
(3:15 PM) Dean Wormer: jeeze, Jer, all the sands in the sand have been broken
(3:15 PM) Dean Wormer: SPX, DJI, NDX
(3:15 PM) Dean Wormer: COMPX one point away
(3:16 PM) Dean Wormer: there goes the COMPX
(3:16 PM) koza2: sds
(3:16 PM) kboston: time to short the qid
(3:16 PM) Dean Wormer: wow, RIMM broke $200
(3:18 PM) mirror4: nstk up .68c
(3:20 PM) kboston: yeah jsut shorted qid at .73 but sold instead of putting in a stop
(3:20 PM) kboston: CRAP
(3:21 PM) Dean Wormer: yes, especially when you're holding puts
(3:21 PM) road123_1: amazing moves
(3:22 PM) kboston: c'mon bounce qid to hod, man what a screw up
(3:22 PM) Dean Wormer: Jer, do you think this today could be the bottom or is there a big flush yet to come?
(3:23 PM) gtrader100: dear that what they are trying toi creat is the flush ...relax
(3:24 PM) gtrader100: dean
(3:24 PM) gtrader100: sorry cant type
(3:24 PM) kboston: justt mad
(3:24 PM) kboston: but ok
(3:24 PM) grobb3: sp 500 flat on the year crazy
(3:24 PM) kboston: yeah had it at .73 grrrrrrrrrrrr
(3:25 PM) grobb3: took them 1 month to burn down rome
(3:26 PM) gtrader100: just my thought but i look for 1380-1385 on the spx before we have legs ....but we are working on it ...12800 on dow but we can get that in a day ...now look shorts will run at these levels ...just trade them like you see them guys
(3:27 PM) stann8: today
(3:27 PM) road123_1: wheres my rally : )
(3:28 PM) cgeorge405: jesus CROX is going to be under their earnings release price
(3:28 PM) gtrader100: stann ?
(3:28 PM) grobb3: short dxd .10
(3:29 PM) Dean Wormer: forget longs, everyone should be shorting here
(3:31 PM) road123_1: gonna need a long hike after this day
(3:31 PM) road123_1: just a lousy day- it happens : )
(3:33 PM) road123_1: BIDU smashed
(3:33 PM) cgeorge405: lol, wow, no relief
(3:33 PM) kboston: getting a neg div on the qid
(3:33 PM) grobb3: stopped
(3:33 PM) grobb3: .25
(3:34 PM) cgeorge405: TASR lod
(3:34 PM) cgeorge405: under 14 has been real profitable in the past
JerryO3434: truck
(3:35 PM) blacktruck57: yes
(3:36 PM) blacktruck57: all day
(3:36 PM) blacktruck57: 1850 by close?
(3:36 PM) road123_1: they even took the BBH negative
(3:36 PM) blacktruck57: lol
(3:36 PM) blacktruck57: 200 day on daily
(3:37 PM) blacktruck57: head and shoulders everywhere with broken necklines
(3:43 PM) blacktruck57: the 60 min h&S NDX break targets 1805
(3:43 PM) kboston: yeah, qid failed to make new high this 5 bar...
(3:44 PM) kboston: there it is though
(3:45 PM) kboston: yeah i blew a short early and then jumped one early
(3:45 PM) kboston: but i like it here over 49
(3:46 PM) kboston: could roll over big with 15 to go
(3:47 PM) brownbear7: goog under 500
(3:48 PM) brownbear7: yes
(3:48 PM) kboston: rolling into the .80's
(3:51 PM) kboston: guess I'll short it if we gap down tomorrow. aint doing nuttin now
(3:51 PM) samscalper: yes
(3:52 PM) Dean Wormer: i take it you're expecting more carnage to come, Jer?
(3:52 PM) kboston: wow some carnage out there
(3:52 PM) road123_1: she read that perfectly
(3:54 PM) samscalper: what do you expect tomorrow?
(3:55 PM) road123_1: BIDU son of a gun what a short
(3:55 PM) kboston: gap down and a huge bounce
(3:55 PM) kboston: but thats just me
(3:56 PM) road123_1: All I can say with certainty is they will open the market at 9:30am again tomorrow hehe
(3:56 PM) grobb3: im getting liquid tonight
(3:57 PM) kboston: qid 49.45 wow
(3:57 PM) kboston: just a few hours ago was playing the 47 sheez
(3:58 PM) brownbear7: 12800 0nly 45 points away
(3:58 PM) kboston: CARNAGE
(3:58 PM) road123_1: wow
(3:59 PM) road123_1: guess in retro im glad I stopped out of BIIB heh
(3:59 PM) road123_1: but did they HAVE to take it to within 2 pennies of my sell not 2 but 3 times hehe
(3:59 PM) kboston: we gap down to 12750 and run
(3:59 PM) road123_1: cold hearted market : )
(4:00 PM) kboston: a lot of things oversold all time frames....
(4:00 PM) kboston: including qid
JerryO3434: vda
JerryO3434: NVDA
(4:01 PM) road123_1: too funny
(4:01 PM) road123_1: thats unreal
JerryO3434: 464
(4:01 PM) brownbear7: lol jeez
(4:01 PM) road123_1: I almost wanna slap that guy..
(4:01 PM) road123_1: busted my butt to lose money, he just sits in it, the storm of the century takes place and he sleeps it right thru
(4:02 PM) blacktruck57: lol
(4:06 PM) grobb3: load up the truck
(4:06 PM) brownbear7: still need that capitulation jer
(4:06 PM) gtrader100: hey brown bear
(4:06 PM) brownbear7: 800 down day
(4:07 PM) brownbear7: amazing

[Jerry Olson]

Jerry Olson
The Jog Group LLC
[e-mail]

----- Original Message -----
From: jerry olson
Sent: Wednesday, August 15, 2007 7:39 AM
Subject: pre market update


Good Morning all

We are moving lower at breakneck speeds these days since the electronic markets using buy and sell programs and other sundry tools to trade the markets are creating this amazingly fast move lower. In less then a blink of an eye all the bullish percents on P&F are moving rapidly toward the Green Zone even though the street is scared out of their wits right now i am telling you all be ready to buy some selected names of stocks and etf's very soon. However we are not ready to place sideline cash into this wild abyss of a market just yet. There is a"potential" for a massive final move lower to occur at any moment on any day in the next time frame. We are setting up this crash move when all of the indexes line up and give sell signals all together. Actually it could happen today. Here are the "Lines in the Sand" numbers on all the major indexes that when "triggered" could create a waterfall effect of major proportions. Even if this does happen what it will do is push the BP's down to buy territory where we can get into positions well ahead of the maddening crowd out there in la la land. Probably "The" most important event today will be the breakdown of the BP SPX at 46% that has not happened in 4-5 years folks. When we check the historical levels of all the BP"s and all the index charts there is plenty of room to the downside left on the charts. While i loathe to predict it looks like this is actually going to happen soon. On top of that yesterday many of the financial stocks broke down on their respective charts and that always means trouble for all indexes since the financials play a large role in the make up of each major index. We have the all important CPI this morning and while i think it will come In good and we may rally up off that news at 8.30 i doubt it will be enough to save this current trend. What is so amazing to me is there are many solid stocks that can be traded without worrying about the crash each day to the long side. Showing incredible strength to me and the street. When we bottom, when the BP'S get down to their lows, when the selling is done soon, these names will be the hallmark of a balanced stock portfolio that could appreciate nicely over the next 6-12 months. Being in cash each night is nothing short of golden!

LINES IN THE SAND NUMBER

1---WE HAVE ALREADY BROKEN DOWN ON BOTH THE ES U7 AND NQ U7 NOT A GOOD THING

2. DJIA BELOW 13,000 A NEW NEGATIVE FOR THAT INDEX

3. NASD-COMP---2480 COULD MEAN 100 POINTS LOWER

4. SPX---1420 COULD SEE 1340 AT THE BULLISH SUPPORT LINE

5. NDX 100---1890 A BIG BREAKDOWN OF THE BEST OF BREED CHART

6. SOX INDEX---485 WOULD PUSH IT A LOT LOWER AND AMAT DID NOT HELP LAST NIGHT

I THINK YOU GET THE PICTURE FOLKS..

NOW SINCE THE VOLATILITY IS SO WILD RIGHT NOW AND SINCE WE HAVE THESE REDEMPTIONS BEING REPORTED BY THE NEWS MEDIA TODAY. I AM REFRAINING FROM BUY AND SELL SIGNALS. I ASKED THE ROOM TO ANNOUNCE ALL TRIGGERS YESTERDAY NO ONE EVEN BOTHERED.

NEXT THE QID WILL BREAK A SPREAD TRIPLE TOP AT 48.00 ON THE WAY TO 50 FOR A QUICK TRIP.

NEXT THE DXD INVERSE TO THE DJIA BROKE OUT YESTERDAY AT 54.00 THIS WAS BIG NEWS.

NEXT THE SKF INVERSE TO THE FINANCIAL SECTOR CONTINUES TO BOUNCE OFF THE BSL LINE AND LOOKS TO BE HEADING TOWARD THE 110 TO 115 AREA SINCE THE LARGE CAP FINANCIAL STOCKS HAVE ALL BROKEN NEAR TERM SUPPORT.

NOT A VERY PRETTY MARKET RIGHT NOW, BUT IN MY OPINION IT'S A NORMAL CORRECTION IN A BULL MARKET. WE WILL BOTTOM VERY SOON, AND WE WILL RALLY LATER THIS YEAR BECAUSE OF FED INTERVENTION AND A WILD SHARK FEEDING FRENZY TO BUY BUY BUY. YOU'LL SEE IT EVERYONE IT ALWAYS HAPPENES JUST THAT WAY. NOTHING EVER CHANGES IN THE STOCK MARKET. NOTHING!

HAVE A GOOD TRADING DAY

SEE YOU IN THE ROOM

JERRY & INNA
Jerry Olson
The Jog Group LLC
[e-mail]

[blacktruck]

[Jerry Olson]

WE TAKE THE GOOD WITH THE BAD FOLKS

(7:17 AM) Paltalk: TO ALL ROOM MEMBERS STICK TO THE RULES, ALWAYS USE STOPS, NEVER LET HARD WON PROFITS DIE, AND MOST OF ALL HONOR YOUR WORD AND COMMITMENT TO YOUR PROFESSION. ACT LIKE A PRO AND TRADE LIKE ONE.







(8:05 AM) road123_1: bidu exploding
(8:12 AM) mirror4: leh moving nicely
(8:12 AM) road123_1: checkout CAAS : )
(8:12 AM) mirror4: brb
(8:16 AM) mirror4: what happened to klic on friday, i wasn't here
(8:17 AM) road123_1: klic? I dont even have that stock listed under my garbage list.. I havent looked at that in about 5 years heh
(8:27 AM) mirror4: sndk 58
(8:30 AM) mirror4: numbers good?
(8:31 AM) road123_1: sure were, futes even higher now
(8:36 AM) road123_1: BIDU..
(8:37 AM) mirror4: u shd buy 100 shares, close your eyes and look at it at xmas
(8:37 AM) mirror4: but we know that's not possible...
(8:37 AM) road123_1: yeah forget that heh
(8:37 AM) mirror4: you've a better chance of dating the tooth fairy
(8:38 AM) road123_1: heh
(8:38 AM) road123_1: missed a great trade on CAAS.. was too scared to jump at 7.80
(8:38 AM) mirror4: looks like leh double topped at 60.46 on friday, will be interesting to see what happens if it can get beyond that
(8:43 AM) mirror4: hmm, leh now bidding .45
(8:45 AM) Geeedubya: GS had some interesting news
(8:45 AM) Geeedubya: got a 3B investor
(8:47 AM) mirror4: dang, leh now 60.85
(8:49 AM) Geeedubya: Tech sector looks good right now, pre market up
(8:50 AM) Geeedubya: financials will get some action and has from the cash infusion
(8:50 AM) road123_1: watching this 58 on SNDK
(8:50 AM) road123_1: stock was crazy on friday
(8:50 AM) Geeedubya: it popped to 59 this am
(8:50 AM) road123_1: also BIDU at this 195, acting like it wants back to 200
(8:54 AM) mirror4: this cinnamon roll is so greasy you could use it to fry chicken in
(8:54 AM) mirror4: thought i'd share that, lol
(8:55 AM) mirror4: ask on leh now backed up to over 61
(8:58 AM) mirror4: Karl Rove quitting to spend more time with his family; you're right, i did see the tooth fairy last night
(8:58 AM) mirror4: they sure pull the rug out of rmbs whenever any optimism gets near
(9:00 AM) road123_1: jerry had a great newsletter this weekend
(9:02 AM) mirror4: anybody want a keyboard that has cinnamon frosting stuck between the b and n keys?
(9:03 AM) mirror4: akam rockin
(9:04 AM) mirror4: sndk continues to climb premkt
(9:05 AM) road123_1: checkout the chart of TEVA
(9:06 AM) mirror4: weekly/monthly near breakout
(9:06 AM) road123_1: sucker looks strong
(9:07 AM) mirror4: what mkt maker is dada?
(9:07 AM) mirror4: on teva
(9:08 AM) road123_1: hmm I dont see dada on teva?
(9:08 AM) mirror4: he's on the bidside at 39
(9:08 AM) mirror4: and ask at 47...
(9:08 AM) mirror4: wow, sndk going
JerryO3434: mic check
(9:09 AM) road123_1: gm jer- loud and clear
(9:09 AM) eam707: GM Jer
(9:09 AM) cambria1895: morning jerry
(9:10 AM) mirror4: was there news on klic on friday?
(9:10 AM) mirror4: very much so
(9:10 AM) mirror4: that's why i was curious
(9:11 AM) mirror4: i like leh alot
JerryO3434: CROX
(9:11 AM) djjc1: good morning
(9:12 AM) road123_1: bidu going to try and break over 195 one mo time
(9:17 AM) mirror4: leh 60.95
(9:17 AM) mirror4: sure does
JerryO3434: ANDE
(9:18 AM) road123_1: that ANDE can be huge but just need to allocate ever so carefully- that thing can really move
JerryO3434: SML
(9:19 AM) mirror4: got a guess what the qid will open at?
(9:20 AM) mirror4: you're givin' me goose bumps
(9:20 AM) road123_1: TEVA should open over that 44, gonna watch that one today
(9:21 AM) mirror4: looks like i'm goin' to church again today; i gotta stop makin' promises to the gal upstairs
JerryO3434: CROX
JerryO3434: SNDK
JerryO3434: LEM
JerryO3434: LEH
JerryO3434: ANDE
JerryO3434: KLAC
(9:23 AM) road123_1: SMH wow
(9:23 AM) Geeedubya: i saw NFL branded Crox last nigth on tv ad
(9:23 AM) Geeedubya: gm gang
(9:23 AM) mirror4: i'm sorta curious how they calculate what the qid will open at each day
(9:25 AM) mirror4: leh 61 on the bid
JerryO3434: CSCO
(9:28 AM) Geeedubya: SINA big hammer
(9:29 AM) road123_1: yup
(9:29 AM) Geeedubya: BRCM nice bull flag, daily
(9:29 AM) Geeedubya: yep
(9:29 AM) road123_1: NVDA over 44
(9:29 AM) Geeedubya: small caps and russel looks good too
(9:31 AM) road123_1: ANDE up..
(9:31 AM) road123_1: Im not touching a thing till around 10 or better
(9:31 AM) road123_1: NVDA...
(9:32 AM) road123_1: that dang BEAV again
(9:33 AM) mirror4: what do you have as the volume on leh?
(9:33 AM) mirror4: too low isn't?
(9:34 AM) road123_1: I see alot of stocks pulling back.. ALOT
(9:35 AM) road123_1: not MSTR tho heh
(9:35 AM) cgeorge405: crox is up 2.85
(9:35 AM) cgeorge405: 3
(9:36 AM) Geeedubya: i had to restart mine again
(9:36 AM) cambria1895: big pop on ceph
(9:36 AM) Geeedubya: BEAS
(9:36 AM) road123_1: I think BEAS got an upgrade?
(9:36 AM) Geeedubya: yes, it did
(9:37 AM) mirror4: me too
(9:37 AM) mirror4: doesn't seem right
(9:37 AM) road123_1: CEPH looks real nice
(9:37 AM) road123_1: ANDE hod
(9:38 AM) road123_1: they pulled CSCO back
JerryO3434: LEH
(9:40 AM) Geeedubya: QCOM
(9:40 AM) road123_1: insanity continues
(9:40 AM) cambria1895: apol popping
(9:41 AM) road123_1: ANDE bam there she goes
(9:41 AM) mirror4: well, just sold leh .70
(9:41 AM) mirror4: i'm off to church
(9:42 AM) road123_1: nice start to a monday mirror
(9:42 AM) mirror4: i held overnite, so sue me
(9:42 AM) mirror4: sigh
(9:42 AM) road123_1: confessions : )
(9:42 AM) Geeedubya: lol
(9:43 AM) road123_1: see how fast ANDE pulled off that high??
(9:44 AM) road123_1: thanks for the CEPH mention- watching CEPH and TEVA here into 10:30
(9:44 AM) road123_1: ANDE just hit lod hehe
JerryO3434: LONG SNDK AT 57.59 230 CENT STOPS
JerryO3434: 1471.50 ES
(9:46 AM) road123_1: gee we have been in this SNDK for almost 2 minutes- thats a record considering fridays moves hehe
(9:47 AM) road123_1: CSCO real weak
(9:47 AM) mirror4: seeya tomorrow
(9:47 AM) mirror4: should not have held overnight
(9:47 AM) mirror4: sometimes it works
(9:47 AM) mirror4: and sometimes it doesn't
(9:48 AM) mirror4: i know
(9:48 AM) mirror4: i agree
(9:48 AM) road123_1:
(9:48 AM) mirror4: take care
JerryO3434: stopped sndk for 20
(9:51 AM) Greenback1: NQ's diving
(9:52 AM) cafescuderia: Maybe have a look at TOPT.
JerryO3434: NVDA
(9:54 AM) road123_1: NVDA freefall,
(9:55 AM) road123_1: yeah I aint touchingit..im done with NVDA and SNDK
(9:55 AM) road123_1: too silly
(9:55 AM) road123_1: hehe
(9:55 AM) road123_1: although Im not messing around today- stops stops stops.. ill take a .20 hit any day of the week over a 1 pointer heh
(9:57 AM) kboston: stopped out SNDK LOD
(9:57 AM) road123_1: and LRCX makes hod
(10:01 AM) road123_1: thats because I had to make bad comments about it : )
JerryO3434: ANDE
JerryO3434: LONG ANDE AT 50.00
JerryO3434: 30 CENT STOPS
(10:02 AM) road123_1: withya on ANDE
(10:03 AM) road123_1: im using a .60 stop heh
JerryO3434: SOLD ANDE AT 50.47
(10:03 AM) road123_1: nice!
(10:04 AM) cambria1895: wasn't fast enough but it looked a good set up.
JerryO3434: NVDA
(10:06 AM) road123_1: there goes BIDU
(10:07 AM) road123_1: on ande? no im in very small on this, so Im playing it for 1 point either way-
JerryO3434: lrcx
JerryO3434: long lrcx at 56.06
JerryO3434: 30 cent stops hard
(10:12 AM) road123_1: argh I waited to long to grab CEPH
(10:12 AM) road123_1: cmon ANDE
(10:13 AM) Geeedubya: crox
(10:16 AM) road123_1: yeah, this ones a nail biter
(10:16 AM) road123_1: still think I get 50.80ish
(10:17 AM) road123_1: im in it pal and praying
(10:17 AM) road123_1: cmon baby
JerryO3434: SOLD LRCX AT 56.04
(10:19 AM) terry449: long BEAV 39.50
JerryO3434: I AM FLAT HERE
(10:22 AM) road123_1: long some TEVA 43.65
(10:25 AM) road123_1: ANDE doesnt know what she wants to do
(10:28 AM) road123_1: FSLR hod
(10:28 AM) road123_1: TEVA annoying as usual
(10:30 AM) road123_1: PUSH teva cmon dangit gimme a break today
(10:31 AM) dasaenae: test
JerryO3434: OK
(10:32 AM) road123_1: raising stop on TEVA
(10:33 AM) road123_1: TEVA could squeeze to 44,
(10:34 AM) mnick_1: we are sitting right at Fridays highs in the futures
(10:34 AM) road123_1: took the .23 on TEVA
(10:34 AM) dasaenae: nvda dropping like a rock
(10:34 AM) road123_1: everytime I get greedy I get burnt so not this time
JerryO3434: ON PHONE
(10:39 AM) kboston: yeah took a dime from qid but nuttin happenin with it
(10:41 AM) road123_1: puter crashed..
JerryO3434: I AM HERE
(10:48 AM) kboston: little UTSI had a pop, thing used to trade in the 30's has pos. diverg. on the daily
(10:51 AM) kboston: hear ya
(10:51 AM) ferniee3: Gee,,,, good sound
JerryO3434: ON THE PHONE
JerryO3434: WITH VERIZON
JerryO3434: DSL
(10:51 AM) kboston: i'm on one lil screen in greece, so you guys are my eyes for what i'm not watching....
(10:52 AM) kboston: so keep talking...
(10:52 AM) Greenback1: QCOM strong today
(10:52 AM) road123_1: : )
(10:52 AM) kboston: not even CNBC here
(10:53 AM) road123_1: ANDE held that 50
(10:53 AM) kboston: watch qid should push here
(10:53 AM) road123_1: starting trouble eh jer?
(10:54 AM) road123_1: look at this TEVA pullback.. this is the same market as thur/frid, get out fast
(10:54 AM) road123_1: heh
(10:54 AM) road123_1: Im still in ANDE- did a nice 3 bills profit on a teva trade so now im just watching.. if it cant hold here ill probably take it off
(10:55 AM) road123_1: TEVA just plunged off that hod
(10:55 AM) road123_1: ok i took ANDE off, will revisit
(10:57 AM) Greenback1: SINA may pull back to 20
(10:59 AM) road123_1: BEAV tanbking
(10:59 AM) road123_1: SNDK leading the charge
(11:04 AM) Greenback1: KLAC sitting on the 20
(11:05 AM) Greenback1: CROX at the 50
(11:07 AM) road123_1: wow- glad I got out of dodge on that ANDE
(11:08 AM) road123_1: pure luck
(11:08 AM) road123_1: but ill take it!
(11:11 AM) road123_1: That nvda is holding
(11:11 AM) road123_1: Jer lady luck is with me, I dumped my ANDE.. whew : )
(11:11 AM) road123_1: crazy stuff
(11:14 AM) road123_1: NVDA
JerryO3434: long nvda at 43.78
JerryO3434: 20 cent stops
(11:19 AM) road123_1: Im with ya on NVDA, its the only thing that looks good so ill forget my hatred for her ; )
(11:19 AM) road123_1: that stop was put in almost before I confirmed my buy hehe
(11:20 AM) butterflytrader: VCLK was upgraded
(11:20 AM) road123_1: wow SMSI got hammered
(11:22 AM) road123_1: needs to squweeze over this 43.9 for the shorts to get some stops run
(11:22 AM) road123_1: so close
JerryO3434: STOPS TO 10 CENTS NVDA
(11:24 AM) road123_1: dont make fun of it- wait until we are out heheh
(11:24 AM) road123_1: she can hear us...
(11:25 AM) road123_1: yeah, just not letting it get to me today.. let them grab my stop or squeeze it over 43.9
(11:26 AM) road123_1: yeah exactly!
(11:27 AM) road123_1: yup.. total bs
JerryO3434: STOPPED FOR 10 CENTS
(11:27 AM) road123_1: I still have stop under .60, but they will come for it before jaming it
(11:30 AM) cambria1895: aapl moving
JerryO3434: SINA
(11:30 AM) cambria1895: genz
(11:30 AM) cafescuderia: TOPT deserves a look.
JerryO3434: KLAC
(11:32 AM) cgeorge405: GTI
(11:32 AM) road123_1: Im trying some TEVA 43.57
(11:32 AM) cgeorge405: MCK
(11:32 AM) cgeorge405: ANIK
(11:32 AM) cambria1895: rimm moving
(11:34 AM) road123_1: that NVDA.. hate that stock
(11:34 AM) Greenback1: payback
(11:35 AM) road123_1: cmon TEVA
(11:35 AM) road123_1: one mo time
(11:35 AM) road123_1: dont blink
(11:36 AM) road123_1: a market doesnt get more annoying then this
(11:41 AM) cgeorge405: ANIK up 2 bucks on a 15 dollar stock
(11:42 AM) road123_1: im still long TEVA but so far its just a tug o war
JerryO3434: LONG CROX AT 52.93
JerryO3434: 30 CENT STOPS
(11:46 AM) road123_1: TEVA all over the place
(11:46 AM) road123_1: making it so hard
(11:47 AM) kboston: got out alive of nvda
(11:56 AM) road123_1: yeah happy for it
(11:57 AM) cgeorge405: ANIK up 2.50 now
JerryO3434: LONG ANDE AT 49.20
JerryO3434: 20 CENT STOPS
(11:59 AM) road123_1: nice CROX : )
JerryO3434: SOLD ANDE AT 49.36
(11:59 AM) kboston: out crox
(12:00 PM) road123_1: took the .20 on CROX, but gave that .20 back as TEVA stopped out hehe
(12:01 PM) kboston: i took .16 or sumptin crox so thank you
(12:03 PM) cgeorge405: ANIK hod 2.65
(12:03 PM) cgeorge405: up 2.65 sorry
(12:03 PM) blacktruck57: thinking NDX gotta pullback
(12:04 PM) kboston: want re-entry in crox, don't like those sticks on the 5 min. at the moment though
(12:04 PM) kboston: they could be fine
JerryO3434: ORANGE BUTTON
JerryO3434: 20 CENT SELL STOP
(12:07 PM) road123_1: this SMSI acting like it wants to break under 17..
JerryO3434: SOLD CROX AT 52.91
JerryO3434: I AM FLAT HERE
(12:08 PM) cgeorge405: lots of big insider sells reported on SMSI
(12:08 PM) kboston: also yesterdays close SNDK
(12:08 PM) road123_1: ISRG hod
(12:11 PM) road123_1: yeah everythings nutty today tho heh
(12:16 PM) kboston: i'm down 3 bux grrrrr
(12:17 PM) road123_1: so far SMSI held that 17 tho
(12:18 PM) kboston: SNDK could be a nice short, if it breaks 57 may go for a quick few dimes
(12:19 PM) kboston: I fave to go to TGI fridays in athens in a few minutes
(12:19 PM) kboston: friggin american chains
(12:22 PM) blacktruck57: big red candle on VIX today
JerryO3434: LONG SNDK AT 57.20
JerryO3434: STOPS BELOW THE LOD
JerryO3434: STOPS TO 10 CENTS
JerryO3434: SOLD SNDK AT 52.33
(12:25 PM) kboston: nice on SNDK couldn't get in happily
(12:25 PM) blacktruck57: yo
(12:25 PM) kboston: pulling up to slow
(12:25 PM) road123_1: they have us all shell shocked hehe
(12:25 PM) kboston: was uup a dime already
(12:26 PM) blacktruck57: I think bounce sets up a lil lower on nDX
(12:26 PM) blacktruck57: 1925-1933
(12:26 PM) road123_1: ISRG hod
JerryO3434: SMSI
(12:28 PM) road123_1: yup all day watching that
(12:28 PM) blacktruck57: lil stock called JST
(12:28 PM) blacktruck57: had a big earns statement this mor
(12:29 PM) blacktruck57: but no volume in it here
(12:29 PM) blacktruck57: so CUB-GHM-JST-IFCI from small caps prforming well
(12:31 PM) road123_1: IFCI?
(12:32 PM) blacktruck57: ICFI
(12:32 PM) blacktruck57: excuse
(12:32 PM) road123_1: : )
(12:32 PM) blacktruck57: after the bell today
(12:32 PM) road123_1: ISRG only big boy moving
(12:32 PM) blacktruck57: a cheapie called GSB reports
(12:32 PM) blacktruck57: good for alook
(12:32 PM) blacktruck57: .05 expected
(12:32 PM) blacktruck57: 5 dollar stock
(12:33 PM) blacktruck57: there was a 75k buy friday in last minute of trading
(12:33 PM) road123_1: SMSI sellers still
(12:33 PM) blacktruck57: this is a thinster tho
(12:33 PM) brownbear7: hey blacktruck - what happened to that SMSI ??
(12:33 PM) blacktruck57: back to 9 ema
(12:33 PM) blacktruck57: lots of insider selling
(12:34 PM) blacktruck57: if it falls thru 9ema
(12:34 PM) brownbear7: that ain't good
(12:35 PM) brownbear7: lol
(12:35 PM) brownbear7: hear ya
(12:36 PM) road123_1: you know IMO the only thing holding SMSI up here is the 12 week high short position
(12:36 PM) road123_1: ANDE lod
(12:36 PM) blacktruck57: VCLK internet advertiser doing well today
(12:37 PM) blacktruck57: on 2.7 mil shares
(12:39 PM) road123_1: good idea
JerryO3434: RIGHT CLICK
JerryO3434: AND ADD ME AS YOUR PAL
JerryO3434: BE BACK A BIT LATER
(12:42 PM) road123_1: JST woah
(12:43 PM) Greenback1: this market is torture today
(12:43 PM) road123_1: sure is
(12:49 PM) Greenback1: hate to even consider that thought
(12:50 PM) Greenback1: very volatile or dead have been our choices for three weeks
(12:50 PM) road123_1: SMSI could squeeze a bit here
(12:52 PM) road123_1: im long SMSI at this 17.16, but a stop just near that 17.05.. stock refuses to budge, so its just a risk reward play
(12:55 PM) cgeorge405: there is some resistance on ASTI at 7.60 it's been fighting, just hit 7.61 may be ready to break
(12:56 PM) road123_1: well SMSI tried to bounce..
(12:58 PM) road123_1: stop 1 penny under bid on SMSI.. lock in at least SOMETHING
(1:00 PM) road123_1: took the dime on SMSI.. ridiculous..
(1:02 PM) road123_1: NVDA over 44
(1:03 PM) Geeedubya: LRCX bullish divergence on cci, 5 min
(1:03 PM) Geeedubya: 3 min support on 200ma
(1:08 PM) cgeorge405: ASTI moved above 7.60 might be worth a look
(1:08 PM) cgeorge405: on a pretty big green bar on the 5
(1:10 PM) road123_1: ASTI a tough stock to trade but sure does look nice here
(1:12 PM) dasaenae: long qid
(1:14 PM) cgeorge405: 14ema on ASTI is 7.78 might be next resistance to take with volume. Looks good heading into it
(1:14 PM) road123_1: yeah thanks im watching- good heads up
(1:15 PM) road123_1: SMSI testing 17 again
(1:18 PM) dasaenae: out qid .94
(1:18 PM) road123_1: nice
(1:19 PM) road123_1: my baby TEVA.. thankfully without me
(1:21 PM) dasaenae: qid going for HOD
(1:22 PM) road123_1: LRCX tanko
(1:22 PM) road123_1: amazing how so many stocks, one minute making new highs next they are tanking
(1:24 PM) road123_1: We had it too good and easy for what, 6-9 months? guess it had to end : (
(1:25 PM) road123_1: SMSI surprisingly finding a LOT of buyers here at 17.06
(1:26 PM) road123_1: : )
(1:27 PM) road123_1: funadementally a great company- just amazing how that insider selling is so ill placed
(1:28 PM) road123_1: guess not everyone can be like TASR- remember it was as if they literally watched the chart and would release news at key levels hehe
(1:28 PM) cgeorge405: they sold a ton too
(1:29 PM) road123_1: you know, this ASTI.. in this market.. might not be a bad place to be if she can hold here and advance into that 2:30-3
(1:29 PM) road123_1: SMSI losing it
(1:29 PM) road123_1: 17, letsee what these bids do
(1:30 PM) road123_1: FSLR lod- that kinda makes ASTI a bit more of a question mark now..
(1:30 PM) cgeorge405: most of the solars are sucking today, ASTI has been bucking that trend
(1:31 PM) cgeorge405: today anyway, it actually has seemed like a counter trend play on the solars the last few days... odd
(1:32 PM) road123_1: ahh ok thanks George, funny too because I pulled alot of them off my streamer- they started taking over my streamer
(1:32 PM) cgeorge405: lol
(1:33 PM) cgeorge405: i actually pulled out of ASTI today, little too early due to the discrepencies with the other solar stocks
(1:33 PM) cgeorge405: not sure why it hasn't been trading with them, might have to research fundamentals more
(1:33 PM) road123_1: BIDU sure has an interesting setup if we move higher into the close fwiw
(1:34 PM) road123_1: its funny you say that on ASTI because I always thought the fundamentals were clearly above alot of the other junk thats flying
(1:34 PM) cgeorge405: hmmm
(1:34 PM) road123_1: NVDA sure wants this 44 number
(1:35 PM) road123_1: very dangerous but I had to short SMSI at 17 here, 17.10 move back im out..
(1:35 PM) road123_1: covered for .12
(1:35 PM) road123_1: wow
(1:36 PM) road123_1: thats gonna be a mistake
(1:36 PM) road123_1: good lord, I did that trade in under 8 seconds
(1:36 PM) road123_1: too bad it was only 500 shares heh
(1:37 PM) road123_1: NVDA cranking
(1:46 PM) road123_1: long a little NVDA at 44, just with the futes but not staying long..
(1:48 PM) road123_1: zzzzz
(1:51 PM) road123_1: SMSI lod...
(1:56 PM) road123_1: putting 43.80 stop on NVDA- letsee if I can sit in this for a few..
(1:58 PM) road123_1: woah up .02 on NVDA
(2:02 PM) road123_1: ASTI
(2:02 PM) Greenback1: a dime today is like pulling a tooth
(2:03 PM) blacktruck57: http://investorshub.advfn.com/boards/read_msg.asp?message_id=22029969
(2:03 PM) road123_1: thats 2 times i had one on NVDA and didnt take it
(2:03 PM) road123_1: I just cant get a stop in, really annoying
(2:03 PM) road123_1: trying to get a stop at 44.1, but it wont push
(2:03 PM) cgeorge405: little more on the ask than bid though, will they pop it or not... that 14ema is probably a bit lower now7.75 or so?
(2:03 PM) road123_1: getting reall errr whats that word that begins with p?
(2:04 PM) cafescuderia: BTU on the move, could be a good day from here.
(2:04 PM) cgeorge405: peeved?
(2:04 PM) cgeorge405: lol
(2:04 PM) road123_1: yeah thats it hehe
(2:05 PM) road123_1: now if I take the 50 bucks? it will fly.. just like SMSI tanked.. so in your face, hard to keep steady headed
(2:05 PM) blacktruck57: 9 ema
(2:06 PM) cgeorge405: ASTI looks ripe to pop maybe that guy on the ask is gone still holding pattern though
(2:06 PM) road123_1: CROX lod??
(2:06 PM) cgeorge405: wow
(2:06 PM) road123_1: im watching that ASTI- but one battle at a time today otherwise Im gonna lose it heh
(2:06 PM) cafescuderia: Outta here for now, read you all later, good luck!
(2:07 PM) road123_1: out of NVDA..
(2:07 PM) road123_1: waste of freakn time..
(2:10 PM) road123_1: Im on that NVDA pop again,but letsee if its a foolosih chase 44.12
(2:10 PM) road123_1: nickels and dimes jer
(2:11 PM) road123_1: there IS a flow to all this, slowly its making sense but its so different from what we have had the last 12 months
(2:11 PM) road123_1: stopped out of NVDA for nada.. but thattssss ok
(2:11 PM) road123_1: ill get use to it and when I do.. revenge..
(2:12 PM) road123_1: we nailed that SMSI both long and short, that was nice for dulldrum
(2:12 PM) road123_1: NVDA has real bids.. not chasing, but I think she may blow here
(2:12 PM) cambria1895: zolt trying to make a reversal
(2:12 PM) road123_1: oh man ANDE!
(2:13 PM) cgeorge405: if ZOLT moves watch the other solars
(2:13 PM) road123_1: is zolt a solar?
(2:14 PM) road123_1: really liking this ANDE again
(2:15 PM) cgeorge405: engages in the development, manufacture, and marketing of carbon fibers for various applications.
(2:15 PM) road123_1: thanks george
(2:16 PM) cgeorge405: Industrial Electrical Equipment
(2:16 PM) road123_1: SMSI hardly a bounce- now when I take the quick dime the stock continues to collapse..when I dont? you know the deal..
(2:16 PM) blacktruck57: back
(2:16 PM) blacktruck57: did someone call?
JerryO3434: ok
JerryO3434: OK
(2:17 PM) cgeorge405: LPHI, stock split, dividend declared, up 4.40 off highs
JerryO3434: OK
(2:18 PM) road123_1: curse this NVDA
(2:18 PM) cgeorge405: NVDA looks ok
(2:19 PM) cgeorge405: litle pop happening there
(2:19 PM) road123_1: yeah after it stopped me out for the 2nd tikme it resumes its climb hehe
(2:19 PM) cgeorge405: little
(2:19 PM) road123_1: I guess I think they should just hand me the money each day- : )
(2:20 PM) road123_1: holding 44 for NVDA is big- that was a battle pre/post market after the report I believe
JerryO3434: ONG SNDK AT 57.53
JerryO3434: 20 CENT STOPS
(2:21 PM) cgeorge405: MCK on good daily volume
JerryO3434: STOPS TO 10 CENTS SNDK
(2:22 PM) road123_1: well took a dime on SNDK and that was 20 seconds and im out
(2:22 PM) road123_1: because Im a bruised trader hehehe
JerryO3434: SOLD SNDK AT 57,63
(2:23 PM) road123_1: thanks on that one Jer- not bad 50 bucks in 10 seconds
(2:23 PM) road123_1: this is how its gotta be..
(2:24 PM) road123_1: word of advice? if you can use limits to buy try it youll be surprised, they are dipping and jumping etc etc
(2:25 PM) road123_1: BIDU trying to squeez.e. all day this things been strong
(2:25 PM) blacktruck57: ndx thru red TL knocking on blue here
(2:26 PM) road123_1: shorts in SNDK have to be betting really annoyed about now...
(2:27 PM) road123_1: ANDE...
JerryO3434: LOL
(2:36 PM) road123_1: Jer- dont take your eye off ANDE.. just holding itself here over 50
(2:37 PM) road123_1: wow we forgot rimm today
(2:38 PM) road123_1: NVDA sure wants up
JerryO3434: LONG NSDK AT 57.64
JerryO3434: 20 CENT S TOPSA
JerryO3434: STOPS 20 CENTS
JerryO3434: SNDK
(2:43 PM) road123_1: gonna step away for 15 mins just to rest my eyes, bback for the last hour.. exhausting stuff this is
(2:43 PM) road123_1: dont think I ever stepped away in my life : )
(2:45 PM) cgeorge405: TSL moving
(2:55 PM) blacktruck57: WFR
(2:55 PM) blacktruck57: in solar goup
(2:59 PM) road123_1: alrighty
(3:00 PM) road123_1: letsee how far they pull back NVDA
(3:02 PM) road123_1: SMSI destroyed..
JerryO3434: STOPPED OUT SNDK
(3:03 PM) road123_1: you bet I did
(3:03 PM) terry449: that was crazy
(3:03 PM) Greenback1: they saw your stop
(3:03 PM) Geeedubya: its b/s
(3:03 PM) Greenback1: ha ha
(3:03 PM) road123_1: hehe
(3:03 PM) Greenback1: ran it right back up
(3:03 PM) road123_1: so frustrating
(3:03 PM) road123_1: just gotta laugh
(3:03 PM) road123_1: : )
(3:04 PM) Greenback1: if we survive these markets, we will be ninja traders in a normal market
(3:04 PM) terry449: bounced off the 20 like a trampoline
(3:05 PM) road123_1: this SMSI is amazing, it just has no bounce in it..
(3:05 PM) road123_1: NVDA didnt hold up
(3:05 PM) road123_1: above 44 tho
JerryO3434: CROX
(3:07 PM) Geeedubya: KLAC
(3:07 PM) road123_1: watching ANDE, NVDA, TEVA here..
(3:10 PM) road123_1: 16.3 on SMSI, they need to bounce this or its heading straigght under 16 into the close
(3:10 PM) road123_1: just watching
(3:10 PM) Geeedubya: klac LONG
(3:12 PM) road123_1: uh huh
(3:16 PM) Geeedubya: stopped
(3:17 PM) Geeedubya: i'm out, done see ya later
(3:17 PM) Geeedubya: need a stiff drink to take the pissed taste out my mouth
(3:17 PM) Geeedubya: lol
(3:18 PM) Geeedubya: ya
(3:18 PM) road123_1: : )
(3:18 PM) Geeedubya: i hear ya....stilll pissd
(3:18 PM) Geeedubya: lol
(3:22 PM) grobb3: m
(3:22 PM) road123_1: CROX lod
(3:23 PM) grobb3: that probably means were going down
(3:24 PM) road123_1: SMSI watch this collapse right here,
(3:25 PM) Dean Wormer: i'm guessing Fri and today fall under the category of dead cat bounce
(3:27 PM) road123_1: short SMSI 16.25, but I wouldnt follow me in this.. its a chase, the stocks beaten, I just have been watching and am taking the risk reward..
(3:28 PM) road123_1: and here come buyers heh
(3:30 PM) brownbear7: don't hear ya jer
JerryO3434: hello
(3:31 PM) blacktruck57: y
(3:31 PM) cgeorge405: y
(3:31 PM) road123_1: bailed on SMSI for -.10
JerryO3434: 15:31 U.S. Fed Funds trade at 5% in market, below 5.25% target rater Federal Reserve sets - Reuters
(3:36 PM) road123_1: grabbed some TEVA long..
(3:36 PM) road123_1: last trade for me.. im tired..
JerryO3434: LONG CROX AT 51.66 30 CENT STOPS
JerryO3434: STOPPED CROX
(3:55 PM) road123_1: yeah ill bail at the close,
(3:55 PM) road123_1: I meant TEVA, not crox
(3:56 PM) road123_1: but same difference, not working
(3:58 PM) road123_1: out of teva..
JerryO3434: 1459
JerryO3434: A SO SO DAY NO HRAM NO FOUL
JerryO3434: SEE YOU ALL LATER

[Jerry Olson]

THANKS TRUCK

[blacktruck]

[Jerry Olson]

EVERYO

(1:28 PM) bocarat1: very. it doesnt rain lately. sun toooo strong
(1:29 PM) bocarat1: yep lunch
(1:29 PM) bocarat1: one bad loss and made it back plus some
(1:34 PM) road123_1: geesh just looked at a chart of MSTR
(1:34 PM) road123_1: and during this market too : )
(1:35 PM) cgeorge405: OMTR hod
(1:40 PM) road123_1: nope, flat for now
JerryO3434: lol
JerryO3434: LOL
JerryO3434: RIGHT
(1:44 PM) blacktruck57: do as a SAY...right Jer
(1:44 PM) road123_1: and look at SNDK now hehe
JerryO3434: YES IT WAS GREAT
JerryO3434: OK SUE
JerryO3434: HAVE FUN
(1:45 PM) gemini624: Bye Sue
(1:46 PM) road123_1: BOOM weak here
(1:49 PM) blacktruck57: rate cuts placed us in this jam
(1:50 PM) blacktruck57: pay for the war thru Chinese widgets
(1:51 PM) rmn38_2: all in ??? LOL
(1:52 PM) rmn38_2: been onthe phone all day
(1:53 PM) cambria1895: see you next week jerry got to go have a good weekend
(1:54 PM) cambria1895: cheers jerry
(1:54 PM) road123_1: market getting real nutty here again
(1:59 PM) Geeedubya: i'm outta here...have a great weekend
(1:59 PM) rmn38_2: yoou using the 3 min or 5 minute bars?
(2:00 PM) blacktruck57: thx G
(2:00 PM) Geeedubya: hehe
(2:00 PM) Geeedubya: cya
JerryO3434: FUTES TRYING TO MOVE
(2:00 PM) Geeedubya: ty
(2:03 PM) brownbear7: no lows jer - we go green again -
(2:03 PM) brownbear7: lol
(2:03 PM) brownbear7: yep
(2:03 PM) brownbear7: wow
(2:05 PM) road123_1: MSTR hod.. good lord
(2:07 PM) road123_1: forget that, checkout MSTR heh
(2:12 PM) road123_1: and MSTR makes another high hehe
(2:17 PM) road123_1: I shorted a little BOOM at 44.15, its a chase so not giving it much room if it cant break 44..
(2:17 PM) road123_1: risky trade.. all risky today what am I saying
(2:19 PM) road123_1: SMSI bounce
JerryO3434: long sndk at 57.25
JerryO3434: stops 20 cents
JerryO3434: sold sndk at 57.33
(2:22 PM) blacktruck57: lost sound--is it me???
JerryO3434: i am talking
(2:23 PM) Greenback1: y
(2:23 PM) road123_1: think next week ill start using 100 shares, this is reidiculous : )
JerryO3434: qid hammer
(2:27 PM) road123_1: SMSI hod
(2:27 PM) road123_1: I think blacktruck mentioned it technicall yesterday as bullish
(2:27 PM) cgeorge405: y
(2:30 PM) cafescuderia: BTU, juice.
(2:30 PM) kboston: out qid early grrr
(2:31 PM) kboston: tried sumptin new and got whipped sawed during lunch, gotta make it up here
(2:31 PM) kboston: yes they did
(2:32 PM) brownbear7: no smackdown yet
JerryO3434: LONG SNDK AT 57.04
JerryO3434: SOLD SNDK AT 57.16
(2:32 PM) brownbear7: sndk atm today
(2:32 PM) road123_1: SMSI really trying
(2:34 PM) kboston: hey i trade like that was 3 for 4 green this week but it does suck
(2:35 PM) kboston: its brutal
(2:35 PM) kboston: qid 47 been a good short all day but once
(2:36 PM) road123_1: BOOM finally under 44 again, for a second
(2:37 PM) road123_1: looking for a boom push lower here, stop break even finally
(2:38 PM) road123_1: jerks took 2 of my shares at 43.57
(2:38 PM) road123_1: I hate this market
(2:38 PM) road123_1: now they took 23 more
(2:38 PM) road123_1: finally out..
(2:38 PM) road123_1: good lord
(2:38 PM) stann8: I never have cnbc on but today I do,man they just do stop spinning,just kind of interesting to listen to on a day like this
(2:39 PM) road123_1: nailed it for .40 there but not easy at all jer,. not easy..
(2:40 PM) road123_1: dangit, now BOOM collapses
(2:40 PM) road123_1: damned if you do damned if you dont today
JerryO3434: LONG SNDK AT 56.58
JerryO3434: SOLD SNDKL AT 56.83
(2:41 PM) gemini624: too slow
(2:41 PM) bocarat1: .67 to .82
(2:41 PM) bocarat1: ty
JerryO3434: 1453.00
JerryO3434: 1457
(2:44 PM) road123_1: BOOM freefall
(2:44 PM) road123_1: just small this time, on chase, 1/4 of the last
(2:45 PM) kboston: qid was a good short off 47 again, i am worried about getting past it though
(2:45 PM) gemini624: How about NVDA
JerryO3434: LONG NSDK AT 56.72
JerryO3434: 20 CENT STOPS
(2:47 PM) road123_1: damn!
JerryO3434: SOLD SNDK AT 56.96
JerryO3434: I AM DONE FOR THE WEEKNE HAVE A GOOD WEEKEND WE KILLED SNDK AGAIN!!!!!!!!!!!!!

[Jerry Olson]

we some times make mistakes that costs us...but if you have confidence in your ablitiies then you can overcome losses..

here's live trades this am and a comment on Zeev;s thread...

http://investorshub.advfn.com/boards/read_msg.asp?message_id=21977269
=============================================================

(6:19 AM) Paltalk: TO ALL ROOM MEMBERS STICK TO THE RULES, ALWAYS USE STOPS, NEVER LET HARD WON PROFITS DIE, AND MOST OF ALL HONOR YOUR WORD AND COMMITMENT TO YOUR PROFESSION. ACT LIKE A PRO AND TRADE LIKE ONE.






(8:00 AM) road123_1: pleasant morning again I see
(8:01 AM) Greenback1: is there any other type of market these days?
(8:02 AM) road123_1: sure happy to be in cash to start the day.. they just started really pushing us down hard in the last 10 mins, real hard
(8:49 AM) gemini624: GM anyone talking or sitting in the room?
(8:51 AM) Greenback1: not talking, sitting
(8:51 AM) terry449: gm all
(8:51 AM) gemini624: Thank you!
(8:52 AM) road123_1: watching NVDA trying to hold 42.25 area
(8:58 AM) Greenback1: gm
(8:58 AM) road123_1: gm jer
(8:59 AM) cgeorge405: was up over 48 last night
(8:59 AM) KB321: GM
(9:09 AM) road123_1: FSLR selling hard
(9:11 AM) Greenback1: maybe the fed accepting mortgage notes as collateral is their way of a bail out
(9:13 AM) brownbear7: crude got to your 70.50 number jer
(9:21 AM) blacktruck57: they better
(9:21 AM) Greenback1: yes
(9:21 AM) Greenback1: $19 billion
(9:21 AM) KB321: YM low 13130
(9:22 AM) cambria1895: morning jerry
(9:22 AM) blacktruck57: oh yeah
(9:23 AM) blacktruck57: did you catch another indians call?
(9:23 AM) blacktruck57: another indian
(9:25 AM) grobb505: short a little dxd?
(9:29 AM) butterflytrader: any sound?
(9:29 AM) cgeorge405: y
JerryO3434: NAND
(9:31 AM) road123_1: SNDK holding
(9:32 AM) gemini624: I think I love listening to y'all call out the futures more than I like to trade.
(9:33 AM) rick007_3: nstk killed
(9:33 AM) road123_1: wow ANDE
(9:33 AM) road123_1: yesterdays winners todays losers heh
(9:33 AM) road123_1: SNDK flying
(9:34 AM) rick007_3: crammer pump last night
(9:34 AM) rick007_3: sndk
JerryO3434: GS
JerryO3434: LEH
JerryO3434: MER
JerryO3434: BSC
(9:35 AM) road123_1: CSCO
(9:35 AM) rick007_3: nstk bouncing'
(9:35 AM) cafescuderia: BTU, up megaphone look at 3min/5day.
(9:35 AM) road123_1: hehe just a little
(9:36 AM) rick007_3: they killed nvda
(9:37 AM) Greenback1: ANDE may be down on crop report
(9:37 AM) rick007_3: klac up .46
(9:37 AM) azman2: order in for sept 30 call on cree
(9:38 AM) blacktruck57: my charts are down on nq/es
JerryO3434: LONG NVDA AT 42.71
(9:38 AM) rick007_3: you broke up jer
JerryO3434: SOLD NVDA AT 42.97
(9:38 AM) bocarat1: didnt hear him either
(9:38 AM) rick007_3: got in at .90
(9:38 AM) rmn38_2: y
(9:38 AM) rick007_3: y
(9:38 AM) butterflytrader: y
(9:38 AM) stann8: yes
(9:38 AM) new7979: y
(9:38 AM) john015: yes
(9:38 AM) cafescuderia: Heard you mostly.
(9:38 AM) rick007_3: off
(9:39 AM) road123_1: SNDK really amazing
(9:40 AM) rick007_3: crammer spent 10 min on sndk last night screamin
(9:40 AM) rick007_3: nvda
JerryO3434: LONG SNDK AT 57.15
(9:44 AM) cgeorge405: ESLR, MCK highs
(9:45 AM) rick007_3: laser locking up
(9:45 AM) road123_1: I think SNDK still good.. just gotta lose stops today
(9:46 AM) road123_1: takes 58.25 she should fly
(9:46 AM) road123_1: 57.25
(9:48 AM) road123_1: this SNDK is loadeed with shorts, they are dead here
JerryO3434: SOLD SNDK AT 57.25
(9:49 AM) road123_1: 57.25 battle
(9:50 AM) blacktruck57: fcn
(9:50 AM) road123_1: but SNDK has the fundamental story and shorts to make it happen
JerryO3434: LONG NVDA ATV 43.73
(9:50 AM) blacktruck57: ICFI
(9:50 AM) road123_1: so hard to place stops today,
(9:51 AM) road123_1: im long and strong SNDK
(9:51 AM) rick007_3: haha
(9:51 AM) road123_1: SNDK woooo
JerryO3434: SOLD NVDA AT 43.88
(9:52 AM) rick007_3: yeh hah
(9:52 AM) cambria1895: nvda 95
(9:52 AM) kboston: QID LOD
(9:52 AM) blacktruck57: long nq
(9:53 AM) kirke-01: I got stopped for 20 but made it up on NVDA
(9:53 AM) kirke-01: (sndk)
(9:53 AM) kboston: cant follow you, my puters to slow to change charts
JerryO3434: SS QID AT 46.52
(9:53 AM) kboston: cool i'm short at .76 weeeeeeeeeee
(9:53 AM) cgeorge405: TASR hod
(9:54 AM) SUMIN985: mic
(9:54 AM) SUMIN985: sorry
(9:54 AM) cgeorge405: ESLR hod
(9:54 AM) kboston: i hear you was gonna sell but now your short too...
(9:55 AM) kboston:
(9:56 AM) rick007_3: qid may hit triple top on 60 min
(9:56 AM) kboston: i'm off at 5 ema 5min
(9:56 AM) cgeorge405: OMTR hod
(9:56 AM) rick007_3: could go to 46.00
JerryO3434: 1450 IS R
(9:58 AM) rick007_3: need thru .53
(10:01 AM) road123_1: im back on SNDK 57.1, just small
(10:02 AM) road123_1: SNDK is crazy
JerryO3434: COVERED QID LOST 20
(10:05 AM) kboston: qid short at .95
(10:05 AM) rick007_3: wow qid exploded
(10:05 AM) rick007_3: glad we got out
JerryO3434: SAR
(10:05 AM) butterflytrader: n
(10:05 AM) rick007_3: candle on 5 min said up off 5 ema
(10:06 AM) road123_1: SNDK still holding
(10:06 AM) rick007_3: with ya GW
(10:06 AM) road123_1: 57.25 needs to give
(10:06 AM) rick007_3: neg div on cci and rsi on qid
(10:07 AM) butterflytrader: what's a SAR?
JerryO3434: SELL AND REVERSE
(10:07 AM) butterflytrader: thanks
(10:09 AM) road123_1: I hope
(10:09 AM) road123_1: : )
(10:09 AM) blacktruck57: just crashed my 1912.10
(10:11 AM) rick007_3: made money on qid trade
(10:11 AM) rick007_3: not much but some
(10:12 AM) rick007_3: qid could roll over
(10:13 AM) road123_1: long with you on SNDK, but a dime higher
(10:13 AM) rick007_3: can't buy sndk
(10:13 AM) road123_1: need that 57.2 and she can squeeze
(10:15 AM) kboston: out qid for another .20
(10:15 AM) road123_1: SNDK if it can ever get back over 57 Jer : )
(10:16 AM) cafescuderia: Look at VDSI, SHORT?
(10:16 AM) butterflytrader: nvda?
(10:16 AM) road123_1: Imlong SNDK, but its a nail biter
(10:16 AM) dasaenae: nvda want to go
(10:17 AM) Greenback1: SNDK 20 day 56.71
(10:18 AM) cafescuderia: BTU, up 1.00 + from open.
(10:18 AM) road123_1: crazy swings
(10:19 AM) brownbear7: cramer buying
(10:20 AM) road123_1: huge buy on SNDK there.. geesh
(10:20 AM) road123_1: up down up down
JerryO3434: LONG NVDA AT 44.06
(10:22 AM) stann8: you should go for a walk every morning just after 10
(10:25 AM) rick007_3: geeze
(10:25 AM) rick007_3: i own it now
(10:26 AM) road123_1: these moves will drive us all batty
(10:26 AM) cambria1895: ceph going well against the rend
(10:27 AM) kboston: qid new hod here
(10:28 AM) rick007_3: damn
(10:28 AM) rick007_3: ok jerry i am a big boy
(10:28 AM) brownbear7: this could be last push down for now
(10:28 AM) rick007_3: i wish i lost 125.00
(10:28 AM) brownbear7: hang in there
(10:30 AM) cambria1895: news on ceph??
(10:30 AM) Dean Wormer: Jer, what do you see for the hi-flyers like AAPL and RIMM and GOOG? Are any of those near a bottom?
JerryO3434: SOLD NVDA AT 43.12
(10:31 AM) cambria1895: ouch
(10:32 AM) cambria1895: it's happened to me
(10:32 AM) gemini624: NFI up today
(10:34 AM) gemini624: Have to reboot, Esignal slow
(10:36 AM) dasaenae: lucky
(10:36 AM) butterflytrader: NVDA.., SAR
(10:37 AM) rick007_3: 2490 on naz is target
(10:38 AM) rick007_3: what did the fed say this morning?
(10:38 AM) cambria1895: ebay holding 35.00 so far
(10:38 AM) grobb505: long
(10:38 AM) grobb505: here
(10:39 AM) kboston: qid's gotta be getting tired here but....
(10:39 AM) road123_1: wow
(10:39 AM) stann8: donald trump on cnbc we are all good now!!he w ill give us some good advice
(10:40 AM) cambria1895: sohu trying to hold it's lows
(10:40 AM) rick007_3:
(10:40 AM) grobb505: stoped out
(10:40 AM) grobb505: dxd
JerryO3434: 1420 SDPX
JerryO3434: SPX
(10:41 AM) rick007_3: trump sayin don't let them kick you out of your house
(10:42 AM) cambria1895: ebay and yhoo moving up
(10:45 AM) gemini624: Trump don't like BenB
(10:45 AM) road123_1: geesh winner one second loser the next- SNDK at the lod heh
(10:46 AM) road123_1: yup, same thing I did on BEAV yesterday and it cost me big
(10:46 AM) rick007_3: nice pullback on qid
(10:46 AM) stann8: ya ben is starting to get a bad rap real fast its not just donald either
(10:47 AM) brownbear7: suprise rate cut would help us
(10:47 AM) rick007_3: better get some body guards
(10:47 AM) rick007_3: folks start jumping out windows
(10:47 AM) road123_1: geesh, a .40 bounce there
(10:48 AM) grobb505: short dxd .77
(10:48 AM) road123_1: 56.6 area gets interesting again on SNDK
(10:49 AM) rick007_3: every idiot out there piling on this bs
(10:51 AM) gemini624: DRRX little runner,no volume
(10:51 AM) road123_1: this SNDK aint done yet- any move up we get im jumping back one last time : )
(10:51 AM) rick007_3: we test 2490 on comp and short qid will be a winner
(10:51 AM) cambria1895: and pcu
(10:51 AM) Geeedubya: Fed news
(10:52 AM) rick007_3: all the money is falling into a hole
(10:52 AM) rick007_3: giant sucking sound
(10:52 AM) road123_1: hehe
(10:52 AM) road123_1: Ill follow you on dat : 0
JerryO3434: LONG SDNDK AT 56.42
JerryO3434: 30 CENT STOPS
(10:55 AM) rick007_3: yes
(10:56 AM) rick007_3: run for the hills
(10:56 AM) rick007_3:
(10:56 AM) kboston: lost connection mid trade, nightmare,
(10:57 AM) kboston: how the futes
(10:58 AM) road123_1: sndk just trapping shorts thats all : )
(10:58 AM) road123_1: hehe
(11:01 AM) road123_1: SNDK what a battle
(11:01 AM) road123_1: shorts have to be getting ftrusted on it too,
(11:02 AM) rick007_3: let crammer be fed chairman
(11:02 AM) rick007_3: qid was killer short
(11:03 AM) kboston: said it should get tired but never took it qid
(11:03 AM) road123_1: yup- annoying as hell this sucker
(11:04 AM) road123_1: SNDK all day making insane moves- it acts real tight and then slams everyone
(11:04 AM) stann8: I rolled out of sndk and even got a crappy fill...lol
(11:04 AM) road123_1: there she goes, on volume now too
(11:04 AM) cgeorge405: GTI up 1.50 after 2 big down days
(11:04 AM) rick007_3: damn 1.00 on qid short could have been had
JerryO3434: SOLD SNDK AT 56.53
(11:05 AM) road123_1: im just keeping a stop in and sitting Jer.. this market just too crazy for me.. hey, it might break back over 57 from what i see this week
(11:05 AM) road123_1: swwweeet
(11:05 AM) road123_1: geesh, cant blink
(11:05 AM) road123_1: hate this kinda market hate it
(11:06 AM) road123_1: SNDK squeezing,
(11:07 AM) road123_1: 57??
(11:07 AM) road123_1: im in and if i blink watch me give it all back hehe
(11:07 AM) road123_1: shorts getting slammed
(11:08 AM) road123_1: watch this over 57,
(11:08 AM) rick007_3: i quit
(11:08 AM) road123_1: if SNDK takes out 57 im chasing again
(11:08 AM) road123_1: heck ill do 250 shares looking for squeeze to 58 : )
(11:09 AM) road123_1: yup
(11:09 AM) dasaenae: sold earlier on nvda
(11:10 AM) kboston: hell of a 5 min stick on qid
(11:11 AM) rick007_3: the printing presses are crankin today
(11:11 AM) road123_1: ok now what
(11:11 AM) road123_1: watching SNDK for re-entry
(11:12 AM) road123_1: amazing it was about to break 56 just minutes ago hehe
(11:12 AM) road123_1: 56.98 stop on SNDK to buy back
(11:12 AM) road123_1: they are buying this market.. will it last?
JerryO3434: LONG NVDA AT 43.22
JerryO3434: 20 CENT STOPS
(11:13 AM) road123_1: SNDK long
(11:13 AM) road123_1: good lord help me, 56.5 stop
(11:14 AM) rick007_3: look at klic its positive holy cow
(11:14 AM) road123_1: where is the rolaids??
(11:15 AM) road123_1: Jer- SNDK
JerryO3434: SOLD NVDA AT 43.47
(11:15 AM) brownbear7: nice trade jer
(11:15 AM) road123_1: SNDK, cmon take 57
(11:15 AM) road123_1: watch this squeeze
(11:15 AM) brownbear7: sndk doing great
(11:15 AM) road123_1: wooo
(11:15 AM) brownbear7: think we can go green jer ??????
(11:15 AM) road123_1: im playing the long shot now on SNDK, I want 58
(11:16 AM) road123_1: SNDK obvious resistance at this 57.1,, I need 57.2 to blow
(11:17 AM) road123_1: and its just the kinda day for this to happen
(11:17 AM) brownbear7: grind from here be ok
(11:17 AM) road123_1: im tellin ya guys, watch this 57 on SNDK.. if theyt can hold this shes got no choice but up
(11:18 AM) Geeedubya: ya
(11:18 AM) Geeedubya: green
(11:18 AM) Geeedubya: it was WAY fast
(11:19 AM) road123_1: lordy lordyu
JerryO3434: BEAV
(11:20 AM) road123_1: good ole beav!
(11:22 AM) Geeedubya: KLAC
(11:22 AM) road123_1: soo crazy this trading
(11:22 AM) rick007_3: not me
(11:24 AM) road123_1: sold that last SNDK, will wait and see this 57/
(11:24 AM) road123_1: yeah, no easy money today tho
(11:26 AM) road123_1: that ESLR up again
JerryO3434: long sndk at 56.87
JerryO3434: 30 cent stops
JerryO3434: brcm
(11:29 AM) cambria1895: nvda holding the sell off
(11:30 AM) cambria1895: up well on futures too
(11:32 AM) stann8: but no one can get a loan anymore!
JerryO3434: ok
(11:34 AM) gemini624: There she goes
(11:35 AM) kboston: F*** my last to buys got knocked off line, nuts
(11:35 AM) road123_1: its a huge battle between longs and shorts this SNDK jer its a rolaids trade
JerryO3434: SOLD SNDK AT 57.15
(11:36 AM) road123_1: nice!
(11:36 AM) road123_1: this SNDK we gotta get back tho
(11:37 AM) road123_1: nail biter : )
(11:37 AM) road123_1: Jer I did a quick 500 at 56.98, 57.1 put my stop at 57.08 and that trade was over in about 8 seconds
(11:37 AM) road123_1: cant even blink
JerryO3434: ORANGE SELL STOP
JerryO3434: 20 CENTS
(11:38 AM) road123_1: interresting chart on DIO
(11:38 AM) road123_1: DIOD
(11:38 AM) road123_1: and the sellers are back heh
(11:41 AM) blacktruck57: thats what I got on half ass charts this morn
(11:41 AM) blacktruck57: flag
(11:42 AM) road123_1: SNDK again over 57 hehe
(11:44 AM) road123_1: SNDK another .25 jump
(11:44 AM) road123_1: this stock wants up so bad Jer
(11:46 AM) road123_1: ok one more time SNDK
(11:46 AM) road123_1: 57.07
JerryO3434: long nsdk at 57.06
JerryO3434: SNDK
(11:47 AM) road123_1: y
(11:48 AM) road123_1: 57.2 the key jer
JerryO3434: SOLD SNDK AT 57.21
(11:49 AM) Geeedubya: lol
(11:49 AM) rick007_3: klic has exploded
(11:49 AM) road123_1: she loves to short : )
(11:49 AM) rick007_3: up 1.00 from the low
(11:50 AM) cambria1895: nvda firing out of squeeze
(11:50 AM) road123_1: fgeesh
(11:54 AM) Geeedubya: wtg
(11:54 AM) Geeedubya: yep
(11:55 AM) road123_1: they keep buying this dang SNDK under 57..
(11:56 AM) road123_1: long SNDK
(11:56 AM) road123_1: 57.01
(11:56 AM) road123_1: ill do this all dayheh
(11:57 AM) road123_1: SNDK has to make the move this time
(11:57 AM) road123_1: alot of buyers
(11:58 AM) road123_1: gonna try and chase SNDK with stop, 57.14 here
(11:58 AM) road123_1: gotcha that time SNDK
(11:59 AM) road123_1: 57.27 stop
(12:00 PM) blacktruck57: NQ's thru R
(12:00 PM) road123_1: sweet!
(12:01 PM) rick007_3: jdas up 1.83
(12:01 PM) road123_1: yeah it made a quick pop there earlier
(12:04 PM) road123_1: oh man if they take this 57.7 on sndk, lookout
(12:05 PM) cgeorge405: MCK up a buck
(12:05 PM) cgeorge405: OMTR right at highs
(12:06 PM) cgeorge405: CROX hod
JerryO3434: LONG SNDK AT 56.43
(12:07 PM) cambria1895: sina
(12:07 PM) road123_1: SNDK with ya
JerryO3434: SOLD SNDK AT 56.58
(12:08 PM) road123_1: nasdqq is GREEN!
(12:09 PM) road123_1: which one Jer?
(12:11 PM) Geeedubya: and no stops
(12:11 PM) kboston: tops and bottoms...
(12:12 PM) kboston: internet stayed on
(12:12 PM) kboston: looking to re-enter
(12:13 PM) rick007_3: wow klic up 80 cents
(12:14 PM) road123_1: SNDK keeps getting bids
(12:16 PM) road123_1: and again SNDK pushing
(12:16 PM) road123_1: dow at its best levels here?
(12:16 PM) road123_1: I love that Jer I just hit the buy myself P )
JerryO3434: long sndk at 57.48
JerryO3434: 20 cent stops
(12:17 PM) road123_1: Ok SNDK, build those bids
(12:18 PM) road123_1: SNDK hod : )
JerryO3434: SAOLD SNDK AT 57.75
(12:19 PM) road123_1: sweeeeeyt!
(12:19 PM) road123_1: 57.87 out of there!
(12:19 PM) road123_1: ythat was my block filling there heheh
(12:19 PM) kboston: damn wanted to short qid there but cuz of lunch skipped it silllly
(12:20 PM) road123_1: too sweet
(12:20 PM) road123_1: y
(12:20 PM) road123_1: nice money too,that time I head out for a tiny bit more
(12:20 PM) kboston: sadly its to fast for my set up
(12:20 PM) road123_1: too fast for all of us
(12:20 PM) cafescuderia: Very nice Jer, but you got out too soon.
(12:20 PM) road123_1: and I type over 100wpm
(12:21 PM) road123_1: in this market getting out too soon is a no lose situation : )
(12:21 PM) road123_1: oh man, sndk 58?
(12:22 PM) grobb505: squuze them baby
(12:22 PM) road123_1: I see green!
(12:23 PM) blacktruck57: BO nq
(12:24 PM) brownbear7: green green green lol
(12:24 PM) cafescuderia: BTU up 2.30 from open.
(12:24 PM) road123_1: look at the shorts lined up on SNDK at 58
(12:25 PM) road123_1: SMH hod
(12:25 PM) road123_1: oh man, SNDK
(12:26 PM) brownbear7: er told the tale
(12:26 PM) road123_1: oh man they smell the shorts burning on SNDK
(12:28 PM) kboston: damn .50 bounce from the low QID
(12:28 PM) kboston: never saw it coming
(12:31 PM) road123_1: SNDK hod again
(12:39 PM) road123_1: yeah just trying hard to play this insanity heh
JerryO3434: OK

[Jerry Olson]

HERE'S OUR LIVE TRADES FOR THE WHOLE DAY FOLK..AS SCALPER DAYTRADERS USING THE LASER PLATFORM WE CAN MAKE MONEY...

(6:31 AM) Paltalk: TO ALL ROOM MEMBERS STICK TO THE RULES, ALWAYS USE STOPS, NEVER LET HARD WON PROFITS DIE, AND MOST OF ALL HONOR YOUR WORD AND COMMITMENT TO YOUR PROFESSION. ACT LIKE A PRO AND TRADE LIKE ONE.






(8:20 AM) mirror4: what a luvly sea of red
(8:20 AM) mirror4: makes my heart sing
(8:21 AM) mirror4: cramer pumped nvda
(8:38 AM) road123_1: yo m!
(8:38 AM) mirror4: tis red
(8:38 AM) road123_1: hehehe
(8:38 AM) road123_1: waking up is an adventure these days
(8:39 AM) mirror4: today i guessed right
(8:39 AM) road123_1: you kept saying it didnt feel right- even jerry had that ultra bearish undertone
(8:39 AM) road123_1: my god look at NSTK.. I left yesterday it was trading over 16 hehe
(8:39 AM) mirror4: i went with jerry's gut, went long the qid overnight
(8:40 AM) road123_1: nice! that must feel good right about not.. futes not even bouncing
(8:40 AM) mirror4: crnt haircut
(8:40 AM) Greenback1: You think the press could pump this credit debacle a little more?
(8:40 AM) road123_1: hehe
(8:41 AM) road123_1: they are having fun with it this morning thats for sure
(8:41 AM) road123_1: heckuva a summer this turned out to be
(8:41 AM) mirror4: don't they teach in school what "teaser" means?
(8:41 AM) rick007_3: how do you think they get to steal good stocks from weak hands
(8:41 AM) Greenback1: was there "new" news on the credit issue?
(8:42 AM) rick007_3: europe shut down some funds
(8:42 AM) rick007_3: blamed it on our credit markets
(8:43 AM) rick007_3: 5:40 in the morning here can't wait till market opens hour later geeeze
(8:43 AM) road123_1:
(8:45 AM) rick007_3: vv said last night they were going long if market was up guess not happening now
(8:46 AM) SUMIN985: good morning
(8:47 AM) rick007_3: gm sue
(8:47 AM) rick007_3: how is your hubby?
(8:47 AM) road123_1: Rick I was watching the last 1/2 hour of trading from my buddies house- couldnt believe that up 150, down 50, then up 150 into the close.. thats just crazy.. all of this is wild
(8:47 AM) SUMIN985: gm rick
(8:47 AM) rick007_3: yes sure is
(8:47 AM) road123_1: NTSK over 16, now under 14 hehe
(8:48 AM) rick007_3: fed will have to step in
(8:48 AM) rick007_3: they better not wait to long or this could get real seriuos
(8:48 AM) rick007_3: serious
(8:48 AM) road123_1: all its going to take is for the selling to really capitulate and we could easily see -1000.. then the fed would jump in with both feet
(8:48 AM) rick007_3: yes
(8:49 AM) rick007_3: that maybe today
(8:49 AM) road123_1: so far even at its worse the dipsters still came in.. just always waiting for a little bit more of a discount but they are there.. thats the real fly in the ointment for me..
(8:49 AM) rick007_3: everyone was just starting to feel good and boom
(8:49 AM) road123_1: Im old fashioned- I think you near a real washout/fear.. not this silly bs where its bought the next day
(8:49 AM) road123_1: 'need'
(8:49 AM) rick007_3: yes
(8:49 AM) road123_1: Im me this is great for trading, but who can watch this and really think its 'normal' heh
(8:50 AM) rick007_3: i sold my puts on the dive yesterday to bad
(8:50 AM) road123_1: cant type today geesh..
(8:50 AM) rick007_3: no what you mean
(8:50 AM) rick007_3: what you lookin at today?
(8:51 AM) road123_1: FXI, BIDU, the solar gang, CSCO im going to try and start playing, BEAV, NTAP, GRMN, ANDE/PEIX,
(8:51 AM) road123_1: I keep missing great trades in FXI
(8:51 AM) road123_1: 100 shares goes a long way in this one and BIDU : )
(8:52 AM) rick007_3: how do you pick your stks
(8:53 AM) road123_1: since im not a technical trader for the most part I rely on reading the tape to make my trades rather than charts so I latch onto particular stocks that have a religious trading pattern and stick with them for a few weeks
(8:53 AM) rick007_3: i see my dad is a tape reader as well
(8:54 AM) road123_1: I love when I can see a seller blocking a move, or stocks where the sellers vanish when it gets volume so they can sell at higher prices etc etc.. It just makes it more exciting then reading a chart
(8:54 AM) mirror4: crnt now down .88
(8:54 AM) road123_1: is he really? most of the time people say 'whats that?'.. I only know the basic TA because you sorta have to understand what 99.9% of the rest of the world is looking at hehe
(8:54 AM) road123_1: woah- we just took another big dive here..
(8:54 AM) rick007_3: right well you do well thats all that matters
(8:55 AM) rick007_3: i just want to hang around long enough to learn from jerry and the room
(8:55 AM) rick007_3: lots good traders
(8:55 AM) road123_1: I always try to mention it tho because I like talking alot/posting my trades, and important people realize that some of my trades can be way off the wall
(8:55 AM) mirror4: rick...if you send road $1,598.44 he'll tell the secrets
(8:56 AM) road123_1: hehehe
(8:56 AM) rick007_3: haha
(8:56 AM) road123_1: you know what the secret is? Dont do it.. become a doctor or lawyer
(8:56 AM) rick007_3: done paying on my own now
(8:56 AM) mirror4: i can vouch for what they're worth
(8:56 AM) rick007_3:
(8:57 AM) road123_1: we need one big winner here at the open so we can all head to the beach...
(8:57 AM) rick007_3: i have learneda ton since march will keep hanging in there
(8:57 AM) rick007_3: i like high cci trades
(8:57 AM) rick007_3: they seem to work well
(8:57 AM) mirror4: rick...i assume you know that jerry takes everyone on an all expense paid trip to the Bahamas in December
(8:58 AM) rick007_3: sounds good i will get on tread mill
(9:00 AM) rick007_3: this will be ugly at the open
(9:00 AM) mirror4: can hardly wait
(9:00 AM) rick007_3: will be a bounce at some point
(9:00 AM) rick007_3: well qid is looking good huh
(9:01 AM) mirror4: he he he
(9:01 AM) rick007_3: jerry has good instincts
(9:01 AM) mirror4: goin' pay my liquor bill this month
(9:01 AM) road123_1: bah!!!
(9:01 AM) rick007_3: haha
(9:01 AM) rick007_3: i am cutting back
(9:01 AM) road123_1: not me
(9:01 AM) mirror4: q's down .57
(9:01 AM) rick007_3: only had one beer last night
(9:02 AM) road123_1: throw in a shot of vodka and I can handle that
(9:02 AM) rick007_3: low calorie
(9:02 AM) road123_1: everytime I look at the screen we drop further
JerryO3434: morning all
(9:03 AM) road123_1: Hey Jer- go back to bed.. we are all calling it a vacation day : )
(9:03 AM) Greenback1: gm
(9:03 AM) ferniee: morn OJ :>
(9:03 AM) rick007_3: gm jer
(9:03 AM) rick007_3: you sent out bad vibes
(9:03 AM) road123_1: Go back and read yesterrdays news letter tho jer- your words did spell it out..
(9:04 AM) rick007_3: may be tomorrow
(9:04 AM) road123_1: heh
(9:04 AM) road123_1: cant stress that enough- yup
(9:05 AM) road123_1: hmmm I see a new face on CNBC
(9:05 AM) rick007_3: she is cute
(9:05 AM) rick007_3: yes
(9:05 AM) rick007_3: haha
(9:05 AM) mirror4: rats, why did i throw my tv out the window
(9:05 AM) rick007_3: can still look
(9:06 AM) rick007_3: its a mirror thing
(9:06 AM) mirror4:
(9:06 AM) road123_1: This IS ugly
(9:06 AM) rick007_3: this is wild
(9:06 AM) road123_1: oil tanking too.. heh
(9:06 AM) road123_1: almost lock limit, no??
(9:07 AM) mirror4: thank you gawd
(9:07 AM) mirror4: long the qid
(9:07 AM) road123_1: the bum has the QID!!
(9:07 AM) mirror4: overnite
(9:07 AM) mirror4: yes sir
(9:07 AM) rick007_3: guy on cnbc said electrinic markets is why we move so fast now
(9:08 AM) grobb3: it is now
(9:09 AM) rick007_3: he said adds to volitility
(9:09 AM) mirror4: bby green
(9:09 AM) grobb3: no one can stop it
(9:09 AM) rick007_3: really!
(9:09 AM) mirror4: you have any idea why klic has been so weak?
(9:09 AM) rick007_3: very starnge isn't it
(9:10 AM) rick007_3: strange
(9:10 AM) mirror4: wonder what the qid will open at
(9:10 AM) rick007_3: up 1.50
(9:10 AM) rick007_3: 2.00
(9:10 AM) rick007_3: sell sell sell
(9:11 AM) road123_1: 45+
(9:12 AM) rick007_3: h&S pattern on the dow and nasdaq
(9:12 AM) mirror4: crnt now down 1.08
(9:13 AM) rick007_3: it had big drop interday yesterday
(9:13 AM) rick007_3: than came back
(9:13 AM) mirror4: bby finally red
(9:14 AM) mirror4: i'd luv to pick up csco
(9:15 AM) cambria1895: morning jerry
(9:15 AM) cambria1895: could be an interesting day
(9:15 AM) mirror4: cramer pushed nvda yesterday
JerryO3434: e-mini
(9:15 AM) grobb3: realtime?
(9:16 AM) grobb3: lol
(9:16 AM) blacktruck57: IB
(9:16 AM) mirror4: well, i have an idea
(9:16 AM) mirror4: it's not exactly on the up and up
(9:16 AM) grobb3: yahoo has them delayed i imageton they can turn that on
(9:16 AM) mirror4: if you sign up for a trial account at Best, and then discontinue the account, they still let you access the quotes
(9:16 AM) mirror4:
(9:16 AM) blacktruck57: try quote.com
(9:16 AM) mirror4: don't tell them
(9:17 AM) mirror4: yes
(9:17 AM) blacktruck57: they are crummy but they got em
(9:17 AM) rick007_3: real time
(9:17 AM) grobb3: thats probably what cme charges
(9:17 AM) road123_1: SINA still interesting setup here
(9:17 AM) terry449: thanks I'll look into that
(9:17 AM) ferniee: does Barb use Sierra charts,,,,, think she said $10 month for eminis?
(9:18 AM) mirror4: but barb will make u buy qcom
(9:18 AM) mirror4: lol
(9:19 AM) terry449:
(9:19 AM) mirror4: 11 minutes to go, i'm biting my toenails
JerryO3434: OK TRUCK
JerryO3434: LOL
JerryO3434: OK
JerryO3434: RIGHT
JerryO3434: WHATS THE RPICE
JerryO3434: PRICE
JerryO3434: 1950
JerryO3434: OK
(9:21 AM) mirror4: 1900 on the ndx? yikes
(9:21 AM) rick007_3: what is smbol for emini you use truck
(9:21 AM) blacktruck57: nq
(9:22 AM) blacktruck57: I use IB's charts
(9:22 AM) blacktruck57: for es and nq
(9:22 AM) rick007_3: k
(9:22 AM) cgeorge405: death, got it
(9:22 AM) rick007_3: got it
(9:22 AM) stann8: thank you jerry
(9:26 AM) freedom_1000: gm all... good luck today!
(9:26 AM) mirror4: qid bidding 44.20
(9:26 AM) mirror4: so much for dreams of 45+
(9:27 AM) road123_1: yeah.. give it 3 minutes maybe, should swing a point hehe
(9:27 AM) maximus_293: Looks like we're gonna get an early bloodbath!! S&P futures vs fair value: -26.5. Nasdaq futures vs fair value: -29.0.
(9:27 AM) cafescuderia: ALTI, Rev tripled, EPS loss wider, lets see what happens.
(9:27 AM) road123_1: NSTK got killed
(9:27 AM) mirror4: whoa, qid 44.90
(9:28 AM) mirror4: donuts are on the house
(9:28 AM) road123_1:
(9:28 AM) mirror4: DUMP IT
(9:29 AM) Geeedubya: yes
(9:29 AM) mirror4: csco nibblers
(9:30 AM) stann8: jerry lunch is on me if you can really wait 10 minutes!
(9:31 AM) seward: NVDA green... all the rest red
(9:31 AM) rick007_3: dippins
(9:31 AM) mirror4: out 44.84
JerryO3434: nvda
(9:31 AM) rick007_3: tlt up .57
(9:31 AM) seward: nvda red now... like rest of my screen
(9:32 AM) road123_1: BEAV is green : )
(9:32 AM) mcdonald82: sndk
(9:32 AM) rick007_3: crnt doen 1.60
(9:32 AM) rick007_3: down
(9:32 AM) rick007_3: wow
(9:33 AM) mcdonald82: it me doggie
(9:33 AM) mcdonald82: hahaha
(9:33 AM) mcdonald82: paltalk not working on other puter
(9:33 AM) road123_1: PEIX ethanol play going green..
(9:33 AM) mcdonald82: but u want me to i send u a pm lol
JerryO3434: NSTK
(9:34 AM) seward: i saw that road
(9:34 AM) seward: CANROYS on sale too
(9:34 AM) seward: HTE PVX
(9:34 AM) mirror4: csco buyers
(9:34 AM) rick007_3: damn crnt down 2.30
(9:35 AM) road123_1: woah that was somee selling right there
(9:35 AM) mirror4: there goes nvda
(9:35 AM) mirror4: wow
(9:35 AM) mirror4: dang
(9:36 AM) road123_1: seward this PEIX
(9:36 AM) road123_1: Im long at 13
(9:36 AM) mirror4: absolutely
(9:36 AM) mirror4: several days pay
(9:37 AM) road123_1: Ill just use 12.65 stop..
(9:37 AM) seward: tick -200, trin 1.7
(9:37 AM) cgeorge405: NVDA earnings today?
(9:37 AM) seward: i suppose we'll be up 500 pts now
(9:37 AM) cafescuderia: Your entry opportunity for WWAT is now.
(9:37 AM) road123_1: ANDE over 48
(9:37 AM) seward: i'm going camping... bluegrass festival & boundary waters
(9:37 AM) road123_1: I swear I heard something super bullish about corn
(9:38 AM) seward: leaving orders in IRA to sell HANS BRCM SOLF HTE on upmoves
(9:38 AM) stann8: one of your old friends hans is strong
(9:38 AM) mirror4: brcm pulling back
(9:38 AM) rick007_3: crnt bounceda dollar
(9:38 AM) seward: would like to move IRA to 1/2 cash asap if i get my prices
(9:38 AM) cgeorge405: AUXL highs
(9:39 AM) cgeorge405: small bios from yesterday moving again
(9:39 AM) road123_1: Jer, Im positive I heard something positive about corn/ethanol, may explain ANDE
JerryO3434: NSTK
(9:39 AM) seward: tick/trin improving
(9:39 AM) seward: bounce time
(9:40 AM) road123_1: Im long 2 stocks.. PEIX and ANDE
(9:40 AM) mirror4: csco hod
(9:40 AM) road123_1: very small shares, looking for 1 point up on ande or 1 point down
(9:40 AM) seward: 50 pt stop?
(9:40 AM) seward: volatile you know...
(9:41 AM) seward: whole paycheck rocking
(9:41 AM) seward: WFMI
(9:41 AM) seward: yeah, it would be too easy to buy a bottom, see green and make 200 pts... too easy
(9:42 AM) seward: ER over 20ema
(9:42 AM) seward: where is that 10' pole?
JerryO3434: LONG NNVDA AT 45.95
(9:42 AM) seward: u just ahd .30
(9:42 AM) road123_1:
(9:43 AM) SUMIN985: lg nvda 46
(9:43 AM) SUMIN985: with u jer
(9:44 AM) cgeorge405: AUXL up 1.15 in this
(9:44 AM) cgeorge405: and rising
(9:44 AM) mirror4: crnt sure bounced
(9:44 AM) road123_1: CSCO strong
(9:45 AM) SUMIN985: not me
(9:46 AM) blacktruck57: long nq
(9:46 AM) road123_1: small shares and just enjoying the show
(9:46 AM) road123_1: CSCO hod
(9:46 AM) road123_1: my PEIX stopped out.. bam
JerryO3434: NSTK
(9:47 AM) seward: SOLF hod
JerryO3434: SMH
(9:48 AM) cgeorge405: OMTR just went positive
(9:48 AM) cafescuderia: BTU up 1.5 from open.
(9:48 AM) blacktruck57: watch ABD
(9:48 AM) rick007_3: road you in csco?
(9:49 AM) SUMIN985: pls post symb
(9:49 AM) rick007_3: i did with profit
(9:49 AM) rick007_3: long csco
(9:49 AM) cgeorge405: SVNT making a move on cupnhandle again today
(9:49 AM) road123_1: trying NVDA here with you guys.. gulp
(9:50 AM) grobb3: long small dxd .70
(9:50 AM) seward: HTE hod
(9:51 AM) road123_1: ESLR jamming
(9:51 AM) SUMIN985: still in nvda at 46
(9:52 AM) blacktruck57: FCN
(9:52 AM) road123_1: ANDE hod im still long this one.. PEIX stopped out
(9:52 AM) blacktruck57: up 1.02
(9:52 AM) mirror4: out nvda .06
(9:53 AM) road123_1: sold my NVDA.. whole .10.. that wants to run too, just too nervous
(9:53 AM) mirror4: SOHU green and flyin
(9:53 AM) mirror4: rats
(9:53 AM) mirror4: sina down a buck
(9:55 AM) seward: tick -100, ER just sitting
(9:55 AM) seward: tiack -300
JerryO3434: SOLD NVDA AT 46.23
(9:56 AM) road123_1: nice on that nvda guys
(9:57 AM) road123_1: this NSTK jer..
(9:57 AM) stann8: do you mean tothe down side
(9:57 AM) road123_1: some stocks are so strong here..
(9:57 AM) road123_1: ESLR
(9:57 AM) road123_1: checkout CSCO
(9:57 AM) road123_1: im long ande still : )
(9:58 AM) road123_1: ANDE should break 49
(9:58 AM) road123_1: make up for my PEIX loss
(9:58 AM) seward: -400
(9:58 AM) road123_1: ANDE squeeze
(9:59 AM) SUMIN985: out nvda 50
(9:59 AM) seward: very nice
(9:59 AM) road123_1: raising stop on ANDE
(9:59 AM) mirror4: klic lod
JerryO3434: SS QID AT 44.31
(9:59 AM) cgeorge405: STEC hod
(9:59 AM) road123_1: holy moses- home run on ANDE
(9:59 AM) road123_1: YES!
(10:00 AM) butterflytrader: Jerry, SOHU @ newsletter price
(10:00 AM) blacktruck57: cup and handle on 1 min nq's targets 20 points higher
(10:00 AM) seward: YM under 20
(10:00 AM) blacktruck57: once thru the 88 area
(10:00 AM) road123_1: took 1 point on ANDE, : )(
(10:01 AM) seward: NVDA good grief
(10:01 AM) seward: tick 500
(10:01 AM) blacktruck57: thru
(10:01 AM) seward: GOOG CSCO NVDA KLAC hod
(10:01 AM) road123_1: Jer, I bought back 100 shares of ANDE at 49.1 as a pure gamble here.. looking for a pop to 49.75, or ill stop at 48.4
JerryO3434: COVERED THE QID AT 44.11
(10:02 AM) road123_1: I heard something bullish about corn/ethanol, cant remember but this is a nice push so why not
(10:02 AM) seward: Im packing for vacation
(10:02 AM) rick007_3: i am workin my ... off
(10:02 AM) mirror4: csco over 32
(10:02 AM) kboston: alt energies CJJ that nuke play peix solars etc...
(10:03 AM) cgeorge405: TASR hod
(10:03 AM) seward: CRXL hod
(10:03 AM) seward: TASR hod
(10:03 AM) road123_1: dang NVDA
(10:03 AM) gboot: thanks
(10:04 AM) rick007_3: look at NVDA
(10:04 AM) road123_1: solars exploding
(10:04 AM) rick007_3: geeze
(10:04 AM) blacktruck57: no
(10:04 AM) mirror4: jaso went
(10:04 AM) blacktruck57: I got great entry
(10:04 AM) road123_1: at least you guys made a decent profit- I bailed with a dime on NVDA hehehe
(10:04 AM) blacktruck57: just holding
(10:05 AM) cgeorge405: nice call on ABD truck i was still looking at the chart too late now
(10:05 AM) road123_1: that LDK monster is near the hod
(10:06 AM) road123_1: GRMN flying..
(10:06 AM) road123_1: NSTK goes positive
(10:07 AM) road123_1: NSTK wants 16..
(10:08 AM) MrStock1: NVEC at the highs
(10:08 AM) road123_1: NSTK
(10:08 AM) road123_1: cant believe this
(10:09 AM) road123_1: watch jer, this NSTK gonna touch 17
(10:10 AM) road123_1: this is packed with shorts
(10:10 AM) road123_1: FSLR
(10:11 AM) mirror4: qid short here good risk reward it would appear
(10:12 AM) mirror4: did klic get the measles?
(10:12 AM) SUMIN985: ss 46.90 crv .60
(10:12 AM) cafescuderia: BTU soon to be up 2.00 from lod.
(10:13 AM) road123_1: NTAP hod
(10:13 AM) mirror4: what a day
(10:13 AM) seward: FUTS holding... gotta break one way or the other eventually
(10:13 AM) seward: probably upp
(10:13 AM) butterflytrader: in SOHU @ .50
(10:14 AM) road123_1: SNDK
(10:14 AM) kboston: qid lol
(10:14 AM) kboston: lod
(10:14 AM) seward: tick
(10:14 AM) seward: 500
JerryO3434: bby
(10:14 AM) seward: futs trying
(10:15 AM) seward: and YM needs 55
(10:15 AM) SUMIN985: lg nvda 80
(10:15 AM) road123_1: ANDE hod- almost stopped me out that sucker
JerryO3434: long nstk at 16.00
(10:15 AM) SUMIN985: out 47 nvda
(10:15 AM) seward: CSCO PVX GOOG SCNK SMH WFC HOD
(10:15 AM) seward: futs still trying, tick goes up and down
(10:16 AM) seward: they keep selling into it
(10:16 AM) seward: YMs going
(10:16 AM) seward: qid lod
(10:16 AM) seward: NVDA woo
JerryO3434: stops 15.90
JerryO3434: NSTK
(10:17 AM) stann8: the s&p pit is jamed packed today
(10:17 AM) blacktruck57: ground aint so shaky afterall
(10:17 AM) stann8: never like this ever in the summer isthe word
(10:17 AM) blacktruck57: wow
(10:17 AM) road123_1: ANDE!
(10:17 AM) mirror4: nice
(10:17 AM) rick007_3: nice
JerryO3434: SOLD NSTK AT 16.21
(10:18 AM) rick007_3: ande movin nice
(10:18 AM) mirror4: me
(10:18 AM) rick007_3: i did
(10:18 AM) bocarat1: y
(10:18 AM) kirke-01: y
(10:18 AM) rick007_3: i was in before you
(10:18 AM) seward: solf hod
(10:18 AM) seward: hte hod
(10:18 AM) rick007_3: damn i sold it
(10:18 AM) seward: PVX HOD
(10:18 AM) rick007_3: jaso
(10:19 AM) blacktruck57: I show CPHD breaking out of a bull flag here
(10:19 AM) blacktruck57: nice chart
(10:19 AM) seward: intc hod
(10:19 AM) blacktruck57: but needs 18.75 for blue sky
(10:19 AM) rick007_3: l csco at 32.11
(10:19 AM) road123_1: LDK!
(10:20 AM) mirror4: in and out of cphd, thanks truck!
(10:20 AM) rick007_3: csco needs over 32.25 and will run
(10:21 AM) rick007_3: here we goooo
(10:21 AM) rick007_3: yeh hah
(10:22 AM) mirror4: CRNT huge comeback
(10:22 AM) rick007_3: you bet
(10:22 AM) stann8: 87.25 is s1
(10:22 AM) road123_1: ANDE ANDE ANDE
(10:22 AM) road123_1: NSTK wants 17 man im telling ya
(10:22 AM) rick007_3: mirror klic bounced a little that is way overdone
(10:23 AM) rick007_3: wow
(10:23 AM) rick007_3: haha
(10:23 AM) mirror4: qid pop
(10:24 AM) road123_1: man if they squeeze it here over 16.9
(10:25 AM) road123_1: I think ANDE is going much higher too, me and my 100 shares
(10:25 AM) rick007_3: great trade road
(10:25 AM) road123_1: tanx
(10:25 AM) rick007_3: looks real good
(10:25 AM) road123_1: if NSTK takes 16.85 I swear ill take that heh
(10:26 AM) road123_1: NSTK virtually no sellers, so weird
(10:26 AM) road123_1: but crowded short heh
(10:27 AM) rick007_3: someone scrambled
JerryO3434: long nstk at 16.86
(10:27 AM) road123_1: withya jer- small shares cause they reach for stops
(10:27 AM) road123_1: I think 17.25 can happen
(10:27 AM) rick007_3: damn csco runnin
(10:28 AM) road123_1: run those stops heh
(10:28 AM) mirror4: qid plummet
(10:28 AM) rick007_3: csco
(10:28 AM) rick007_3: movin
(10:28 AM) rick007_3: should have sat in that
(10:29 AM) rick007_3: come on chief
(10:29 AM) road123_1: the moves in this market, unreal today
(10:29 AM) rick007_3: k
(10:30 AM) rick007_3: yes
(10:30 AM) road123_1: ANDE cmon break 50 baby
(10:30 AM) MrStock1: nat gas 10:30
(10:31 AM) road123_1: shorts trying to get control of NSTK here
(10:31 AM) rick007_3: squeeze um
(10:31 AM) road123_1: ANDE!
(10:32 AM) rick007_3: bush comin on
(10:32 AM) road123_1: BIDU exploded
(10:32 AM) road123_1: jer they are buying all the right stuff here, FXI, QQQQ, FXI
(10:32 AM) road123_1: this market being bought hard
(10:32 AM) rick007_3: come on
(10:33 AM) road123_1: ANDE!
(10:33 AM) road123_1: im in NSTK, but stop in place- 2 other nice trades working
(10:33 AM) road123_1: still have faith in NSTK
(10:33 AM) SUMIN985: lg nsda .80
(10:33 AM) SUMIN985: nvda
(10:34 AM) rick007_3: need a pop
(10:34 AM) mcdonald82: pres is on yuk
(10:34 AM) road123_1: ANDE
(10:35 AM) kboston: back on...grrrr
(10:35 AM) road123_1: took my 100 on ANDE, hey that was worth it!
(10:36 AM) rick007_3: out
(10:37 AM) rick007_3: yes
(10:37 AM) blacktruck57: sold nq's
(10:38 AM) rick007_3: its movin jer
(10:38 AM) mirror4: let's see if nstk can get by that seller at .75
(10:38 AM) rick007_3: damn
(10:38 AM) rick007_3: yes
JerryO3434: out nstk for 16
(10:39 AM) road123_1: Ill chase it again if the setups there Jer- that ones been great NSTK
(10:39 AM) mirror4: it's goin go now
(10:39 AM) mirror4: oops, seller came back
(10:40 AM) grobb3: bush hon tv
(10:44 AM) rick007_3: good thing we got out of nstk
(10:44 AM) rick007_3: ok
(10:44 AM) road123_1: ANDE just keeps pushing higher
(10:44 AM) rick007_3: nice
(10:44 AM) road123_1: NTAP as well
(10:44 AM) rick007_3: you still in
(10:44 AM) cgeorge405: STEC
(10:45 AM) cgeorge405: hod
(10:45 AM) road123_1: shorted some BIDU201.2, small shares
(10:45 AM) cgeorge405: are semis moving again?
(10:45 AM) cgeorge405: there is a pile on shorts on vphm
(10:46 AM) : i get knocked off again i quit for the day or at least thru lunch
(10:46 AM) mirror4: when ya talk like that i just want short the quid
(10:46 AM) mirror4: qid
(10:46 AM) mirror4: lol
(10:48 AM) road123_1: NSTK still not much of a pullback off that high
(10:48 AM) cgeorge405: they're really pounding VPHM to new lows, you should add that
(10:49 AM) mirror4: big stick on the qid
(10:51 AM) road123_1: BIDU wont die for me.. stop just over 210
(10:51 AM) road123_1: err 201
(10:51 AM) road123_1: ande candies
(10:52 AM) mirror4: itchin' to short the qid
(10:53 AM) road123_1: oh my god- look at ANDE
(10:54 AM) road123_1: covered BIDU for 1.3
(10:54 AM) mirror4: qid el plummeto
(10:55 AM) road123_1: I still think ANDE will go another 1-2 points higher
(10:55 AM) road123_1: Im flat for now
(10:55 AM) cgeorge405: asking bush about housing market problem
(10:55 AM) rick007_3: just got this
(10:55 AM) cgeorge405: he just said we're looking like a soft landing lol
(10:55 AM) brownbear7: white house maintaining it's value lol
(10:56 AM) rick007_3: that ande is crazy
(10:57 AM) road123_1: sure is- that last move was pure short squeeze just like NSTK
(10:57 AM) road123_1: but there was something majorly bullish that happened with ethanol and I was half asleep, but the chart is telling the story
(10:58 AM) road123_1: ALTI moving
JerryO3434: beav
(10:58 AM) rick007_3: leave it to beav
(10:58 AM) cgeorge405: lol, nice
(11:00 AM) mirror4: qid dropping without me
(11:00 AM) cgeorge405: AINV hod
(11:00 AM) mcdonald82: brcm hod
JerryO3434: SS QID AT 43.89
JerryO3434: 20 CENT STOPS
(11:01 AM) cgeorge405: STEC hod
(11:03 AM) road123_1: ESLR hod
(11:06 AM) seward: KLAC hod
(11:06 AM) seward: rmbs HOD
(11:06 AM) seward: brcm HOD
JerryO3434: COVERED AT 43.79
(11:07 AM) rick007_3: was
(11:07 AM) kboston: sold that qid way early thought i losing connection
(11:07 AM) rick007_3: what jer?
(11:07 AM) rick007_3: me too
(11:08 AM) mirror4: ok, i'm goin' be good, thanks for the calls J
(11:09 AM) road123_1: BEAV?
(11:09 AM) cgeorge405: TASR hod, on a good couple day run
JerryO3434: EBAY'
(11:10 AM) road123_1: was there news on BEAV here??
(11:11 AM) road123_1: im long BEAV at that .8
(11:11 AM) road123_1: chase, but
(11:11 AM) road123_1: 44 a big break
(11:12 AM) road123_1: cmon 44 on BEAV
(11:14 AM) cgeorge405: ZOLT up 4.00 again
(11:16 AM) brownbear7: incredible that they were even down that much
(11:17 AM) rick007_3: csco going to rock
(11:17 AM) brownbear7: amazing
(11:17 AM) road123_1: still cant find news on BEAV but its holding like it wants to break 44..
(11:22 AM) rick007_3: SPAR wow
(11:23 AM) rick007_3: jaso went green
(11:24 AM) cafescuderia: Barb has spotted that bldrs have bottomed, checkout her BZH and HOV.
(11:25 AM) road123_1: BEAV puyllback
(11:26 AM) cgeorge405: ESLR hod
(11:28 AM) cafescuderia: YO, Jer.
(11:28 AM) brownbear7: that NVDA been all over the place today
(11:34 AM) rick007_3: yep
(11:34 AM) hunt77: nope
(11:34 AM) road123_1: just stalking
(11:34 AM) rick007_3: and gauling
(11:34 AM) rick007_3: gaulking
(11:35 AM) road123_1: heh
(11:36 AM) brownbear7: is that temp in philly jer
(11:37 AM) cgeorge405: STEC hod
(11:37 AM) road123_1: SINA weak at lod
(11:37 AM) cafescuderia: BTU up 3.20 from open, hello is there anyone in there?
(11:37 AM) gemini624: Hello, how's the market today?
(11:37 AM) road123_1: JASO good lor
(11:37 AM) road123_1: lord
(11:40 AM) road123_1: hehe
(11:41 AM) grobb3: fear and greed
(11:41 AM) gemini624: HOKU up too. Right.
(11:42 AM) road123_1: Im still long BEAV small shares from a bit higher,
(11:42 AM) grobb3: alot of fincals mooving back to there opg prices
(11:43 AM) grobb3: gs
(11:44 AM) rick007_3: your right
(11:44 AM) rick007_3: done
(11:44 AM) rick007_3: wait for the close
(11:45 AM) seward: DELL lod
(11:48 AM) gemini624: KLAC hod
JerryO3434: ande at the 20 erma
(11:49 AM) road123_1: ANDE still holding those gains
(11:50 AM) cafescuderia: We have lost chico for a while, Jer anything about chico?
(11:51 AM) rick007_3: ever hear from matt jerry?
(11:51 AM) rick007_3: hope he is ok
(11:52 AM) road123_1: BEAV again with a bounce at that 43
(11:52 AM) cafescuderia: Matt is very savvy.
(11:52 AM) rick007_3: smart
(11:53 AM) rick007_3: jaso is rockin in this whole mess
(11:53 AM) gemini624: Jaso gonna go again?
(11:53 AM) road123_1: LDK
(11:53 AM) rick007_3: you see HOKU good god man!!
(11:53 AM) rick007_3: up 1.77 11.20
(11:53 AM) rick007_3: unreal
(11:53 AM) rick007_3: but hoku thats nuts
(11:54 AM) road123_1: BEAV needs to take this 43.3,
JerryO3434: HEADING TO LUNCH
JerryO3434: PLEASE USE THE MIC
(11:54 AM) cgeorge405: ZOLT hod
(11:54 AM) rick007_3: gw your up on deck
(11:54 AM) cgeorge405: wow
(11:54 AM) rick007_3:
(11:54 AM) cgeorge405: up 5 bucks
(11:54 AM) rick007_3: wow
(11:56 AM) cgeorge405: STEC hod
(11:56 AM) cgeorge405: ZOLT another hod
(11:59 AM) road123_1: BEAV setting up for possible squeeze..
(12:00 PM) cgeorge405: STEC making a buck move on a 7 dollar stock
(12:00 PM) cgeorge405: whoa nice pop
(12:00 PM) road123_1: dang- thats a great company too actually
(12:00 PM) cgeorge405: y
(12:00 PM) cgeorge405: was oversold for months though
(12:00 PM) cgeorge405: tough trade usually
(12:03 PM) cgeorge405: ZOLT still going
(12:03 PM) cgeorge405: up 5.50
(12:03 PM) cgeorge405: big spread
(12:05 PM) cgeorge405: trucks CPHD hod
(12:06 PM) BarbT1: wow - AMSC running still ... over 27
(12:06 PM) BarbT1: seems the only stocks green are the ones I sold calls on ... have to laugh ..
(12:06 PM) BarbT1: SNDK CSCO BZH ... going to lose all these at low prices
(12:09 PM) BarbT1: anyone home?
(12:10 PM) kboston: y
(12:10 PM) BarbT1: ty
(12:10 PM) road123_1: yuppers just dozing off here
(12:11 PM) terry449: barb do you use sierra charts for futures quotes
(12:11 PM) BarbT1: sierra
(12:12 PM) terry449: what service provides the data ?
(12:12 PM) rick007_3: can't hear you truck
(12:12 PM) BarbT1: IB
(12:12 PM) kboston: me neither
(12:12 PM) terry449: k thanks
(12:13 PM) rick007_3: thanks truck
(12:13 PM) cgeorge405: Watch SVNT right at breakout point again
(12:13 PM) BarbT1: AMSC still flying .. did anyone ever get soem .. the call I bought yesterday around 3.80 now at 6.40
(12:14 PM) rick007_3: so next wave would be up the b wave
(12:14 PM) rick007_3: ok
(12:14 PM) BarbT1: Now over 27 -- been screaming about AMSC since it broke 20
(12:14 PM) rick007_3: you have a 57 truck
(12:15 PM) BarbT1: anyway - I sold the shares at 23 the other day .. now 27.10 duh
(12:15 PM) BarbT1: at least I bought the call yesterday
(12:15 PM) BarbT1: TASR trying for 16
(12:15 PM) rick007_3: oh
(12:15 PM) BarbT1: AKAM trying for hod
(12:15 PM) BarbT1: SNDK unreal
(12:15 PM) cgeorge405: the big seller isn't at 14 today on svnt truck
(12:15 PM) BarbT1: PALM at hod
(12:15 PM) cgeorge405: oh whoops
(12:15 PM) cgeorge405: yes he is
(12:15 PM) cgeorge405: popped up
(12:15 PM) BarbT1: SMH red but KLAC going nuts
(12:16 PM) BarbT1: nice push up on futures 84.50 now trying to go thru zero line on 3 min
(12:16 PM) cgeorge405: there's 50k on the ask
(12:16 PM) cgeorge405: yeah i rounded down lol
(12:16 PM) cgeorge405: y
(12:17 PM) BarbT1: futures pushing up
(12:18 PM) cgeorge405: wish I could buy 50k lol, jump start it
(12:19 PM) rick007_3: HOKU nuts
(12:19 PM) rick007_3: nstk comeing back
(12:21 PM) BarbT1: AKAM running up
(12:21 PM) BarbT1: AMSC another new hi
(12:21 PM) BarbT1: unreal
(12:21 PM) BarbT1: think it's a new multi year high also
(12:22 PM) BarbT1: unreal to see an optin bought yesterday double
(12:22 PM) BarbT1: now waiting for pullback on AMSC and will buy (if it drops at least 2 points) the Jan 25 call
(12:23 PM) BarbT1: too bad didn't think ofit earlier -- was 2.35 this morning and now 5.50 to buy
(12:24 PM) BarbT1: VLO strong today
(12:26 PM) kboston: lost connection again, am i here?
(12:26 PM) BarbT1: yes
(12:26 PM) kboston: thx
(12:31 PM) kboston: qid 5 min looks like a wedge forming...
(12:35 PM) mirror4: leh looks like it will explode if it can get just above this area
(12:36 PM) kboston: came out of the wedge nice
(12:39 PM) kboston: came out way better than i expected
(12:42 PM) kboston: how about wayyyyyy better
(12:44 PM) cafescuderia: Driving news on WWAT, do you like profit?
(12:44 PM) BarbT1: I take it you are in wwat
(12:46 PM) BarbT1: PALM flying
(12:51 PM) cafescuderia: Of course.
(12:53 PM) cafescuderia: They took it down so that they had shares for the news.
(12:54 PM) rick007_3: truck how we lookin
(12:54 PM) BarbT1: nice going .. Iused to own it and sold it months ago
(12:55 PM) BarbT1: a lot of news coming out on briefing now about hedge fund losses
(12:55 PM) BarbT1: taking market down again
(12:55 PM) BarbT1: GS Follow-up: 2nd Goldman Sachs hedge fun sells some positions, according to source (182.48 -10.82)
(12:55 PM) kboston: worst connection yet today
(12:55 PM) BarbT1: WSJ says NY Hedge Fund Tykhe Capital Hit With Losses - Source
(12:56 PM) rick007_3: qid looks like head and shoulder on 60 min with 45 being top of right shoulder
(1:04 PM) road123_1: market really collapsing
(1:04 PM) rick007_3: not good
(1:05 PM) rick007_3: see what qid does with 45.00
(1:05 PM) seward: yikes, sold off
(1:07 PM) brownbear7: we still ok here on NQ black ??
(1:07 PM) rick007_3: 45.00 held
(1:07 PM) rick007_3: went over a bit
(1:08 PM) rick007_3: man 20 center short on qid
(1:09 PM) brownbear7: jer missed the action again
(1:09 PM) rick007_3: nap time
(1:10 PM) rick007_3:
(1:10 PM) blacktruck57: FCN
(1:10 PM) blacktruck57: UA
(1:10 PM) blacktruck57: HOKU
(1:11 PM) blacktruck57: FSLR down 6.60
(1:11 PM) blacktruck57: make that 6.05
(1:11 PM) blacktruck57: just make that all over th eplace
(1:11 PM) BarbT1: WSJ reports Tykhe Capital, a NY hedge-fund firm that manages about $1.8 bln, has suffered losses of about 20% so far in August,
(1:11 PM) rick007_3: oh well
(1:12 PM) cgeorge405: ESLR still making highs
(1:13 PM) kboston: qid hod
(1:13 PM) rick007_3: crammmer
(1:13 PM) kboston: that was a .75 wedge bust out on the wid grrr.
(1:14 PM) kboston: qid sorry
(1:14 PM) rick007_3: qid takes out this 45 area with conviction look out below
(1:14 PM) rick007_3: if not we rally
(1:15 PM) rick007_3: here we are again
(1:15 PM) rick007_3: battle
(1:16 PM) mirror4: leh wants up here
(1:17 PM) rick007_3: qid hit 45 numerous times here if they don't take it over than they will take it down
(1:18 PM) rick007_3: here again geeze
(1:18 PM) rick007_3: talking lehman on cnbc
(1:19 PM) rick007_3: there it is
(1:19 PM) Greenback1: this market needs to get it over with
(1:20 PM) rick007_3: see what they do
(1:20 PM) rick007_3: they make just push it over to fake out traders
(1:21 PM) butterflytrader: DLTR on the move up!
(1:22 PM) rick007_3: back below 45 hmmm
(1:23 PM) rick007_3: i think they will
(1:23 PM) rick007_3: who knows
(1:23 PM) rick007_3: hell uncle ben is working overtime printing money today
(1:23 PM) rick007_3:
(1:23 PM) rick007_3: i hear ya'
(1:24 PM) rick007_3: the close will be the trade today i think
(1:24 PM) rick007_3: we will know in last 30 min
(1:25 PM) rick007_3: like jerry said this is just excuse to sell off market
(1:25 PM) rick007_3: all bs
(1:25 PM) rick007_3: yes
(1:26 PM) rick007_3: charts don't lie
(1:26 PM) butterflytrader: I am directionally challenged!!
(1:26 PM) rick007_3: haha
(1:26 PM) rick007_3: doji on qid 60 min
(1:27 PM) butterflytrader: SHOW ME THE MONNNNEEEY., HONEY!!
(1:27 PM) rick007_3: right on!!
(1:28 PM) rick007_3: uncle ben
(1:28 PM) rick007_3: push tha buttons
(1:29 PM) rick007_3: hell they have a fire sale in detroit we can buy the whole city 10 cents on the dollar
(1:29 PM) rick007_3:
(1:30 PM) butterflytrader: jaso
(1:30 PM) mirror4: what the heck happened to beav
(1:30 PM) rick007_3: beav left the house
(1:31 PM) cgeorge405: ASTI bucking that trend
(1:31 PM) cgeorge405:
(1:32 PM) rick007_3: 45 number on qid looked like it worked
(1:33 PM) rick007_3:
(1:33 PM) butterflytrader: JASO
(1:34 PM) rick007_3: nice
(1:34 PM) mirror4: leh over 62
(1:34 PM) cafescuderia: Market as it is, and BZH up 10%.
(1:35 PM) cafescuderia: Barb is lovin this.
(1:36 PM) rick007_3: way oversold
(1:36 PM) Greenback1: QID at the 10
(1:36 PM) Greenback1: 20 sorry
(1:37 PM) cafescuderia: Outta here, read you later.
(1:43 PM) rick007_3: games lots of games
(1:45 PM) BarbT1: cafe - not loving it since I sold the 15's on BZH ... long term out .. I was hoping it wouldn't get above 16 so I could buy back the calls .. now just going to lose the stock. It's ok - but a shocker for sure. Thought it would take 6 months for BZH to hit 16-17.
(1:45 PM) BarbT1: not 3 days
(1:46 PM) BarbT1: you need to go long whatever I sell calls against.. sold calls against SNDK CSCO and BZH .. and look at what's up today
(1:46 PM) BarbT1: SNDK the 55's .. CSCO the 32.50's (almost there)
(1:46 PM) BarbT1: oh - and VLO - sold calls against that when it was 63 (70 strike price) .. got 3.00 for the calls, now at 6.60 and stock almost 70
(1:47 PM) BarbT1: I have Jan 50 calls sold against HPQ which I did when it broke above 56 ..it's down today, but still way up from my entry (the Jan calls giving me time to exit, I thought). You might want to go long HPQ as I am sure it will go thru my 50 strike.
(1:47 PM) BarbT1: when it broke above 46 - not 56
(1:49 PM) BarbT1: CELL took a big hit last night - seems to be trying to go positive
(1:49 PM) rick007_3: lookin good truck
(1:53 PM) brownbear7: nice to have you around blacktruck57 commenting on futs --thanks for input
(1:55 PM) brownbear7: no not me
(1:55 PM) brownbear7: lol
(1:55 PM) BarbT1: cafe - your wwat looking good now
(1:56 PM) BarbT1: es trying to push up here
(1:56 PM) BarbT1: just above +100
(1:59 PM) cgeorge405: ASTI and TSL aren't following suit though
(2:00 PM) BarbT1: interesting - SNDK CSCO AKAM BRCM HANS RMBS NVDA TASR AMSC PALM KLAC - all strong
(2:01 PM) BarbT1: RFMD loses 6
(2:03 PM) BarbT1: Es lose the zero line on 3 min
(2:06 PM) gemini624: hi
(2:08 PM) grobb3: im scared
(2:09 PM) grobb3: can u leave the night light on
(2:09 PM) brownbear7: if you not trading how about just giving us ES futs jer
(2:10 PM) brownbear7: ok thnx
JerryO3434: stewc
JerryO3434: STEC
(2:13 PM) cambria1895: jerry look at JLL I tried to get filled on this earlier but it's a big spread
JerryO3434: ROAD
JerryO3434: ZOLT
(2:15 PM) rick007_3: uncle jerry is back
(2:15 PM) cgeorge405: it's a clean energy play
(2:16 PM) rick007_3: qid back to 45 again
(2:16 PM) cambria1895: jerry see you tomorrow it took me a while to get the buttons set right I had a few trial attempts but I had done something wrong sorted now, enough in the bank today catch you tomorrow
(2:17 PM) rick007_3: needs to hold
(2:17 PM) cambria1895: sorted now
(2:17 PM) rick007_3: qid turned back at 45 area
(2:17 PM) rick007_3: look at 60 min on qid and draw the line
(2:17 PM) cambria1895: I made my cash in first 8 mins on YM and GS
(2:19 PM) stann8: was it alot when it was up 30 yesterday!!, these swings have been amazing
(2:19 PM) BarbT1: AMSC still doing well
(2:20 PM) rick007_3: 45 held agai on qid
(2:20 PM) BarbT1: AKAM trying to hold up
(2:20 PM) BarbT1: BZH unreal
(2:20 PM) rick007_3: like 10 times
(2:20 PM) BarbT1: glad I only have 50 shares HOV or I would have sold the 15 calls on that one too
JerryO3434: ANDE
(2:21 PM) BarbT1: VLO strong in an othrwise weak energy sector
(2:22 PM) rick007_3: al qeada
(2:23 PM) stann8: no big deal that was just the normal days range on that move
(2:23 PM) BarbT1: trying to break above zero line now on 3 min es
(2:23 PM) BarbT1: 78.50 last
(2:24 PM) rick007_3: yes sir
(2:24 PM) rick007_3: learnin
(2:24 PM) rick007_3: slowly but surely
(2:24 PM) rick007_3: i know
(2:25 PM) rick007_3: i am reading a book matt told us about
(2:25 PM) rick007_3: high probability trading by link
(2:26 PM) rick007_3: the guy talks just like you...haha
(2:27 PM) gemini624: Listening to y'all and watching my charts helps me to see why some of my entrues failed in past trades. It is hard to wait, though.
(2:27 PM) gemini624: entries
(2:28 PM) gemini624: I want to trade ANDE
(2:28 PM) rick007_3: careful
(2:28 PM) rick007_3: big move today
(2:29 PM) gemini624: Maybe the QID
(2:29 PM) rick007_3: qid coming up for test number 20 in qid
(2:29 PM) rick007_3: 45 level
(2:30 PM) gemini624: Y
(2:31 PM) gemini624: Is Laser connected to Esignal?
(2:32 PM) rick007_3: dog with fleas tha bus is positive
(2:33 PM) rick007_3: qid back in 45 area
(2:33 PM) rick007_3: thats it qid goin higher
(2:33 PM) gemini624: QID hod
(2:34 PM) brownbear7: still might hold here
(2:34 PM) rick007_3: they spiked qid about hour ago over 45 than took it down
(2:35 PM) rick007_3: may not this time
(2:35 PM) stann8: yes jer
(2:36 PM) rick007_3: some is going to but KLIC wait and see
(2:36 PM) rick007_3: haha
(2:36 PM) rick007_3: its on sale
(2:37 PM) brownbear7: opend - 280
(2:37 PM) rick007_3: look at qid below 45 again
(2:37 PM) blacktruck57: stopped out
(2:37 PM) blacktruck57: thats it
(2:38 PM) rick007_3: look at qid
(2:38 PM) rick007_3: that 45 area is strong
(2:41 PM) rick007_3: fnm to the rescue
(2:43 PM) rick007_3: fnm ceo will be on closing bell
(2:43 PM) rick007_3: on cnbc
(2:44 PM) MrStock1: possible hammer 15min ES
(2:44 PM) rick007_3: their mutal fund took a 20% hit in august'
(2:46 PM) rick007_3: crammmmer
(2:51 PM) rick007_3: when this baby rallys its gonna be hugh
JerryO3434: qid in a pennant
(2:51 PM) rick007_3: than we jump on it
(2:51 PM) rick007_3: you call it
(2:52 PM) blacktruck57: new low nq
(2:52 PM) rick007_3: its you and me brother
(2:52 PM) Geeedubya: insane = thinking you see a direction
(2:53 PM) Geeedubya: thats what i mean
(2:53 PM) rick007_3: that aboy GW
(2:53 PM) rick007_3:
(2:53 PM) Geeedubya: you = me
(2:53 PM) rick007_3: haha
(2:54 PM) rick007_3: i think we rally
(2:55 PM) rick007_3: maybe not
(2:55 PM) blacktruck57: new lows
(2:55 PM) rick007_3:
(2:56 PM) rick007_3: hell look at the vix
(2:57 PM) rick007_3: yep
(2:58 PM) brownbear7: i agree with you there
(2:58 PM) rick007_3: if they do the shorts willrun
(2:58 PM) road123_1: woah- ugly ugly!
(2:58 PM) rick007_3: for the hills
(2:58 PM) road123_1: I ran out of here.. beav whacked me and I said enuff
(2:59 PM) rick007_3: heck cahrt didn't go
(2:59 PM) rick007_3: put call highest in 15 years
(3:00 PM) ferniee: NVDA OJ
(3:01 PM) rick007_3: buy time right here
(3:03 PM) brownbear7: green
(3:04 PM) rick007_3: when blood in the streets time to buy
(3:04 PM) rick007_3: qid short
(3:04 PM) rick007_3: haha
(3:04 PM) brownbear7: buyers lost - maybe lol
(3:05 PM) road123_1: good lord
(3:05 PM) BarbT1: here's cramer's 500 point day
(3:05 PM) BarbT1: but duh -- wasn't it supposed to be up
(3:06 PM) BarbT1: wow - AMSC finally turned red ... going to watch for an add on point
(3:06 PM) rick007_3: market ain't closed yet
(3:06 PM) BarbT1: give it another day -
(3:06 PM) road123_1: what is with this ANDE
(3:07 PM) rick007_3: my son owns it in his acct
(3:07 PM) rick007_3: qid
(3:07 PM) rick007_3: nice for him
(3:08 PM) rick007_3: papa pulled the plug
(3:08 PM) BarbT1: NVDA tonight
(3:09 PM) brownbear7: could go all the way to 1473
(3:10 PM) brownbear7: yes
(3:10 PM) kboston: I dont have my short it signal yet (qid)
(3:10 PM) rick007_3: talking heads having a field day
(3:11 PM) rick007_3: yeh hah
(3:12 PM) gemini624: VDSI positive for today.
(3:12 PM) blacktruck57: take some monstrous gonads to go long here
(3:12 PM) gemini624: Margarita
(3:13 PM) road123_1: PEIX hod now.. playing catchup to ANDE?
(3:15 PM) blacktruck57: 1967
JerryO3434: ss qid at 45.25
(3:16 PM) brownbear7: amazing
(3:17 PM) rick007_3: nuts but
(3:17 PM) gemini624: Importnt thing is did you make money on it?
(3:18 PM) rick007_3: told ya
JerryO3434: nvda
JerryO3434: OUT FOR 10 CENTS
(3:20 PM) kboston: qid looks like a wedge 5 min, may go more...
(3:21 PM) blacktruck57: NDX may need to give up 8 more points
(3:22 PM) road123_1: CSCO real strong- they aint letting this one go
(3:22 PM) road123_1: PEIX hod
(3:23 PM) kboston: gets slammed to 5 ema then pops
(3:24 PM) road123_1: BIDU freefall
(3:25 PM) rick007_3: haha
(3:27 PM) brownbear7: not a strong push though yet
(3:27 PM) brownbear7: right
(3:28 PM) rick007_3: nbeed somemore koolaid this is wild
(3:28 PM) rick007_3: i got couple little scalps
(3:28 PM) kboston: how down is the dow now, tough for me here....in writng if possible
JerryO3434: DOW DOWN 285
JerryO3434: naz 45
(3:29 PM) kboston: thx, 1 screen
(3:30 PM) road123_1: you know someone mentioned STEC.. son of a gun i forgot, these guys are huge in flash.. that explains the move
(3:32 PM) rick007_3: chilly
(3:32 PM) BarbT1: I am showing a low print on AMSC of 22.02 .. but dn't see it on chart ... can someone verify?
(3:34 PM) blacktruck57: It is low on stockcharts B
(3:34 PM) blacktruck57: 22.02
(3:35 PM) BarbT1: TY
(3:35 PM) BarbT1: i missed it
(3:37 PM) rick007_3: bought me a call on dia
(3:37 PM) road123_1: ooffff
(3:38 PM) rick007_3: sure man
(3:38 PM) cgeorge405: make that 2
JerryO3434: 2520
(3:38 PM) rick007_3: yes'
(3:39 PM) road123_1: oh man step back from this..
(3:39 PM) rick007_3: well 2560 is what i am watching here
(3:39 PM) seward: timber yikes, glad im not in the futs
(3:39 PM) seward: flat
(3:39 PM) BarbT1: amazing .. SNDK AKAM HANS MRVL RMBS NVDA JASO TASR AMSC PALM KLAC CSCO GM homebuilders -- all still green
(3:40 PM) grobb3: i can see u jerry
(3:40 PM) grobb3: lol
(3:40 PM) rick007_3: haha
(3:41 PM) BarbT1: Stern says subprime problems concentrated in small portion of vast mortgage market - Reuters
(3:42 PM) BarbT1: after the close look for the following companies to report: JOBS, NDN, AIRM, AGO, AXCA, BORL, BRKS, CPKI, DEIX, DIVX, FMD, HINT, HSOA, IFOX, LGF, NVDA, SAPE, SNS, SYMM, SYNA, TMRK, TRMS, and INT
(3:42 PM) seward: and SOLF still green too
(3:42 PM) seward: TASR
(3:42 PM) seward: SNDK
(3:42 PM) seward: tick 500
(3:42 PM) seward: a little buying into the selling
JerryO3434: HANS CAN YOU HEAR
(3:43 PM) BarbT1: lots of high expectations for NVDA tonight
(3:43 PM) seward: no
(3:43 PM) BarbT1: look at it run
(3:43 PM) seward: yes
JerryO3434: AHH OK
(3:43 PM) BarbT1: y
(3:43 PM) seward: had the speakers off... picked up the van, heading north
JerryO3434: OK
(3:44 PM) BarbT1: I know.. tried to buy Aug 47.50 call on the bid at 1.65 and then it flew up without me .. now 2.10
(3:44 PM) seward: crazy mkt, up 300, down 300
(3:44 PM) blacktruck57: sent you email Jerry
(3:45 PM) rick007_3: jaso up in this mess
(3:46 PM) road123_1: NSTK lingering near hod
(3:47 PM) road123_1: Jus twatching the close.. BEAV was a poor trade, was too liberal with the stop
(3:47 PM) road123_1: can never let your guard down : )
(3:48 PM) road123_1: BIDU making new lows
(3:48 PM) rick007_3: 2560 held
(3:49 PM) BarbT1: nvda on fire now
(3:49 PM) BarbT1: AMSC back to 27
(3:52 PM) BarbT1: nvda hod
(3:54 PM) road123_1: woosh -344
(3:55 PM) gemini624: see y'all tomorrow
(3:57 PM) rick007_3: 2560 held
(3:58 PM) rick007_3: jec up 2.87
(3:58 PM) road123_1: theres your low of the day close
(3:59 PM) rick007_3: super flush
JerryO3434: OK
JerryO3434: SMSI
JerryO3434: 'OK
(4:00 PM) rick007_3: ok truck
(4:00 PM) BarbT1: they got AKAM into the red
(4:00 PM) road123_1: wow thanks Truck- I remember that stock.. great trader too
(4:00 PM) rick007_3: qid nuts
JerryO3434: NVEC
(4:02 PM) road123_1: QID running here
(4:02 PM) road123_1: wazzup with that?
(4:03 PM) cgeorge405: what about ZOLT
(4:03 PM) rick007_3: jec up 2.92
(4:03 PM) cgeorge405: up 4.98
(4:03 PM) road123_1: Im just glad the day is over.. bring on tomorrow : )

[Jerry Olson]

Good Morning all

This rally yesterday on the surface looked terrific right? WRONG! Yesterday on P&F the internals were the worst I've seen this year and maybe in 10 years. What i mean is we have 1 or 2 possible answers to what transpired internally on the bullish percents. There was an incredible sell off as stocks on the sell side muderlized stocks on the buy side. The incredible force of sellers yesterday pushed the NYSE OTC & OPTI BP's down about an average of 4%. Now either that was the capitulation sell day? Or, there is gigantic carnage yet to come. About 3-4 weeks ago i called for this correction knowing full well we were coming down hard. I mentioned to you all about the "speed" of this next down move. There is a simple scenario for Point & Figure chartist like me. When the main BP's are in O's together that's when we flush out the stock market since it always happens that way over time. The idea that investors could hang in there and do nothing was absurd to me. Now as we all see this massive selling even on 286 up days on the DJIA we may have NOT seen the lows of this move. I wrote to you all about the "potential" if we break 13,000-13,100 on the charts the next move down would be toward my ultimate target of 12, 650. So let's not get too lathered up just yet, let's not push cash into the markets just yet, there's going to be a period of backing and filling at certain levels "once the momentum stops" moving lower. That has not happened yet folks so this is NOT the time to invest. We'll talk about that soon enough it's coming to a conclusion rapidly but we must preserve capital at all costs. Now we do have 4 bright spots in the short term indicators they are getting washed out and plunging into the green zone, the buying zone. We must wait for a reversal back up or a waning in the downward pressure on the bp's. Until then we sit and wait patiently for this phenomenon to happen and then dive into the abyss. Today is the FOMC meeting, of course no interest rate change is in the cards but the Dec Fed Funds Futures are predicting 100% cut in rates. It is my contention the Fed has to change their statement to "SIGNAL" THE MARKETS THEY ARE READY WILLING AND ABLE TO CUT RATES IF NEEDED. As they say in the vernacular the balls in there court. So we stand pat, we wait for signs of life and we do some due diligence for our shopping list.
=================================================================================================================

CSCO---29.80 THE BTL---29.20 THE SST---HAS EARNINGS TONIGHT AND THEY HAVE REALLY EXECUTED QUITE WELL LATELY

NFI---7.40 THE BTL---6.90 THE SST---THEY CAME OUT YESTERDAY WITH A VERY POSITIVE BLURB AND EXPLODED UP

ATVI---19.95 THE BTL---19.30 THE SST---VOLUME HAS INCREASED ON THIS STOCK IT'S TRYING TO GET TO NEW 52 WEEK HIGHS

QID---45.60 THE BTL---45.00 THE SST---TOUCHED A DOUBLE TOP AT 47.00 THEN SELLERS HIT IT HARD IT'S GOING LOWER

CROX---55.45 THE BTL---54.80 THE SST---DUMPED EARLY AS EXPECTED AND CALLED BUT IT'S STRONG FOLKS WATCHING

VDSI---29.45 THE BTL---28.80 THE SST---SLAMMED EARLY THEN HAMMERED AND RALLIED UP NICELY INTO THE CLOSE

SMH---37.80 THE BTL---37.20 THE SST---THE SEMIS DID VERY WELL YESTERDAY BUT NOT WHAT I EXPECTED SO BE COOL

ANDE---46.20 THE BTL---45.65 THE SST---VERY NICE ETHANOL & OTHER STUFF TYPE STOCK THE CHART IS VERY SOLID

LRCX---57.80 THE BTL---57.20 THE SST---UP BIG YESTERDAY HAS A MIRROR IMAGE ON THE DAILY CAN FLY IF WE GO UP

LDK---39.70 THE BTL---39.10 THE SST---ANOTHER SOLAR TYPE NAME WITH UPSIDE POTENTIAL MOVES IN BIG JUMPS
=================================================================================================================

OK THE FED'S ANSWER COMES AT 2:15 TODAY. NO CHANGE IN RATES!, BUT A CHANGE IN THEIR STATEMENT WITH A MOVE "OFF" INFLATION TO A MORE DOVISH CALL HERE. THEY ARE NOT GOING TO DO ANYTHING HERE, BUT LET THE STREET KNOW THEY ARE THERE TO HELP.

THE MARKETS "SHOULD" LIKE THIS TYPE OF MOVE. THE QUESTION IS THIS. HOW WILL THE REACTION ON THE STREET TAKE THIS WORDING. WE WAIT AND SEE, WE DO NOT SPECULATE WE DO NOT GUESS WE DO NOT PREDICT.

SEE YOU IN THE ROOM

JERRY
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

Since we all have opinions about the coming weeks ahead, i thought i'd post my real time weekly newsletter for anyone that wishes to read it. I'm not trolling for subs, just sharing my ideas of what "could" happen if this or that ocurrs.

good luck to us all this week...we'll all need it...
-------------------------------------------------------------

JERRY OLSON'S
"POINT" OF VIEW NEWSLETTER
DATED AUGUST 5TH 2007
THE GOOD, THE BAD, THE UGLY

Hello out there all my cyber trading friends from around the globe on these hot summer days of olden times. I hope this letter finds you and yours in the best of health and spirits.

There is a myriad of "potential" events that are about to appear on the charts this week. We are literally teetering on the brink of a major crash, while heading into "the" most important FOMC meeting in the last 2-3 years. Will they come to the markets rescue? Nope! Will they mention the intense weakening of the housing markets total collapse? Yes! Are they going to put into their statement a word or two about the financial sup prime mess that is scaring the whole investing community? Yes! Will they cut rates at this meeting? NO! My thinking is they are going to move off the inflation mantra of the last 3 years or more fighting this invisible foe, and move toward the potential problems of growth. I can say the FED thinks based on last quarters 3% GDP that the economy is fine. I think so too despite high crude prices and the falling dollar. But actually if we all take a step back here for a moment, and ask yourselves this question, is everything ok with you? I suspect the answer is a resounding yes. This sub prime mess and the fallout of the hedge funds that invested heavily in those mortgages are going down the tubes. But that's their problem certainly not ours or the FEDS. If you think about this part of the financial sector it's actually pretty miniscule if you ask me. But we all know this will be a great time for all the banks and brokers to write down all these bad loans etc, and that the next 2-3 quarters will be negative compared to the good old days of throwing darts at the investing public.

The people that purchased these below market loans have only themselves to blame for their digressions. There was a host of choices out there over the last 3-5 years for solid sensible mortgages that could have been just ducky right now. But we all know the "greed" factor of us Americans and other ethnic groups too. Heck if you can refi a house at interest only, grab some cash out, and buying yet a another house, hey this is the American Dream right? Well you placed your bets, you took your shot, now do what you need to do to make necessary repairs. The money tree just got whacked by a Tornado with the leaves getting blown away. That's only what truly is supposed to happen anyway folks. Like the stock market going up forever without a correction, yeah right! But, and i do mean butt! On the other hand(otoh), we are flying lower each day toward a major buying opportunity as soon as the short term bullish percents reverse back up and the downward momentum stops moving lower on the main indicators we'll be in hog heaven all over again.. While this looks U-G-L-Y, there is beauty in the eye of the beholder. I say the uglier the better, the more fear, the more crash and burn right here will set this market up for a major rally. Either it starts post FED this week or shortly thereafter.

Some times when the FED makes a subtle change to their statement it takes a few days to be absorbed into the system on the street. Once they feel the FED is willing to cut rates down the road, once they see the FED pouring liquidity into the monetary markets to help buoy the financials, then it's time to buy. On Point & Figure there are many bp's in the "Green Zone" as we speak. In fact many of the main coaches are approaching solid support areas too. We could get a massive short covering rally here not seen in this decade. I am not kidding either. You have seen 200+ down days in the markets but have you seen a 3-400 up day? There's one coming bet your (mortgaged) house on it. It's simply just as I've written here over the last 6 years or so. Everything is moving by inertia once it gets rolling in one direction or the other we always seem to surpass even the most extreme prices on the indexes. The markets are a herd mentality as we all know. Well the herd is negative right now, that too will change in a blink of an eye. The question is a simple one, will you all be ready? I suggest making up a shopping list of beaten down names and ETF's. The housing & financial sectors are heading to major lows soon. Buying in this area might be the best plays of all. We have an important next 2-3 days folks, let's watch the action. Please preserve capital cash, we are in wealth preservation mode right now. That will change very soon be ready!
=================================================================================================================

the password for this week is------------------- benbfomc ------------------ one word lower case letters
=================================================================================================================

DJIA---A SIMPLE CHART IF WE BREAK 13,100 WE IMMEDIATELY GO TO 12,900 AND THEN POSSIBLY TO THE BOTTOM OF THE 10 WEEK TRADING BAND AT 12,650 MY ULTIMATE DOWNSIDE TARGET. http://www.buyitbuyitsellitsellit.com/OJ1.gif ANY REVERSAL BACK UP OFF THE CURRENT PRICE STRUCTURE WOULD BE A GOOD SIGN. 13,350-400 IS THAT REVERSAL PRICE.

NASD-COMPX---WE'VE HIT MY SHORT TRIGGER AT 2520 LAST WEEK THAT'S A NEGATIVE IF WE PRINT 2510, WE COULD GET A FLUSH OF 100 POINTS TOWARD 2420 FOLKS. http://www.buyitbuyitsellitsellit.com/OJ2.gif WE NEED 2550-60 RIGHT NOW.

NDX 100 INDEX---1910 COULD SLASH THIS SOLID INDEX RIGHT THRU THE BULLISH SUPPORT LINE(BSL) DOWN TO 1880ISH AREA. IT'S HELD QUITE WELL RIGHT NOW. http://www.buyitbuyitsellitsellit.com/OJ3.gif 1950-60 IS NEEDED ASAP

RUT 2000 SMALL CAP INDEX---REALLY TOOK A BIG HIT LAST WEEK AS THE MONEY IS FLOWING TOWARD BIG CAP NAMES. BUT THIS INDEX IS VERY OVERSOLD HERE AND MIGHT GET A BOUNCE SOON http://www.buyitbuyitsellitsellit.com/OJ4.gif PLEASE LOOK AT THIS CANDLE CHART http://www.buyitbuyitsellitsellit.com/OJ5.gif

SOX INDEX THE SEMICONDUCTORS---INTERESTING CHART HERE FOLKS. WE ARE SITTING RIGHT ON THE BSL LINE AT THE MOMENT. HOWEVER THE BP IS IN O'S AND FALLING. IT BETTER STOP THE DOWNWARD MOMENTUM NOW OR WE COULD SEE A MAJOR CRASH IN THE SEMIS SECTOR. http://www.buyitbuyitsellitsellit.com/OJ6.gif

CL CONTINUOUS CRUDE CHART---IF CRUDE CAN BREAK BELOW 74.50 IT COULD SEE 70.50 OVER TIME http://www.buyitbuyitsellitsellit.com/OJ7.gif

GC CONTINUOUS GOLD CHART---IT LOOKS EXPLOSIVE TO ME EVERYONE BUT IT IS NEARING HARD RESISTANCE RIGHT NOW... http://www.buyitbuyitsellitsellit.com/OJ8.gif

SPX 500 INDEX---THIS IS MY PROXY FOR THE WHOLE MARKET. IT WAS DOWN HUGE FRIDAY ALMOST 40 POINTS. BUT AGAIN CHECK OUT THE CCI HERE OFF THIS MASSIVE RANGE EXPANSION DOWN RED BAR ON THE DAILY. PRICE LOWS BUT CCI MOMENTUM HIGHER LOWS...INTERESTING HUH? http://www.buyitbuyitsellitsellit.com/OJ9.gif

ES U7 THE S& P FUTURES----AS OF THIS NEWSLETTER AT 7.20 EST THE FUTES ARE BELOW MY 1440 APRIL LOW AND COLD RUSH TOWARD 1400 VERY FAST IN THE AM. BUT THAT FLUSH COULD BE JUST WHAT THIS MARKET NEEDS ONE MORE SPIKE LOW..

NQ U7 THE NAS FUTURES---A BREAK OF 1920 WILL MOVE IT IMMEDIATELY DOWN TO 1900 SOLID SUPPORT IF THAT DOES NOT HOLD THE DOWNSIDE TARGET IS OVER 100 POINTS BELOW AT THE BOTTOM OF THE 10 WEEK TRADING BAND.

NOW LOOK EVERYONE. THIS IS NO TIME TO BE BRAVE AND FIGHT THIS ACTION. EVEN ON FRIDAY ANOTHER CHOP DAY WE WON A FEW AND LOST A FEW. BUT IN ALL REALITY THIS IS NOT FOR THE FEINT OF HEART. IN FACT IT'S DOWNRIGHT NUTS TO TRY TO "GUESS" THE MARKETS BEHAVIOR RIGHT NOW. LET IT SHOW US THE MONEY NOT THE OTHER WAY AROUND.

WE MIGHT GET A LARGE EARLY SELL OFF THEN A BUYING FRENZY COULD ENSUE AHEAD OF THE TUES FOMC MEETING THINKING THEY WILL SAVE THE DAY. THAT IN IT SELF COULD BE DISASTROUS. WE WILL NOT KNOW THE 'REACTION" TO THAT FED DECISION UNTIL IT UNFOLDS TUES AFTERNOON. IT IS MY CONTENTION THAT WE ALL JUST SIT BACK AND NOT OVERTRADE. IF THERE'S A QUICK SET UP CALL IT OUT AND I WILL TOO. BUT TO JUST MAKE A TRADE FOR THE SAKE OF THE ACTION IS PURE GAMBLING. NOT MY STYLE NOT MY TRADEMARK.
================================================================================================================

THE PASSWORD FOR THIS WEEK IN THE ROOM IS--------------- benbfomc ------------------- that's one word lower case letters
=================================================================================================================

QID---46.85 THE BTL---46.20 THE SST---THIS ETF HAS TAKEN OUT THE 50 DAY ON THE DAILY WATCH FOR A BURST TO 51-52

DXD---52.55 THE BTL---51.90 THE SST---THIS IS THE PRO SHARES FOR THE DJIA IF WE GET HIT HARD TAKE THIS LONG

SNDK---53.80 THE BTL---53.05 THE SST---ACTUALLY HANGING VERY TOUGH THRU THIS PULL BACK COULD REALLY BOUNCE

SMH---37.35 THE BTL---36.80 THE SST---IF THE SEMIS GET TAGGED TOMORROW THIS COULD TOUCH THE 200 EMA AT 36.00 I WOULD BUY IT THERE IF WE REVERSE BACK UP SINCE THE SOX INDEX IS HOLDING AT THE BSL...

CROX---58.90 THE BTL---58.30 THE SST---SEEMS READY FOR A FAST CORRECTION EARLY ON BUT WATCH FOR BUYERS ON THE DIP TOWARD THE 20 EMA.

SOHU---33.70 THE BTL---33.00 THE SST---IN ALL THIS MESS THIS STOCK IS HOLDING LIKE A ROCK MAJOR UPSIDE IMO

CSCO---29.70 THE BTL---29.20 THE SST---HAS EARNINGS TUES EVENING AFTER THE FED ANNOUNCEMENT CAN IT PLAY SUPERMAN & SAVE THE DAY? THE ANSWER IS YES!

VSDI---29.05 THE BTL---28.50 THE SST---WHAT A MONSTER DAY FRIDAY EVEN WITH THE NAZ DOWN 64.00 HOLY TOLEDO?

OMTR---24.45 THE BTL---23.90 THE SST---ANOTHER DITTO HERE FOLKS HELD LIKE A ROCK FRIDAY IN ALL THAT CARNAGE

CRNT---15.40 THE BTL---14.80 THE SST---THIS IBD STOCK IS HOLDING LIKE UNREAL HERE, UP ON A VERY BAD DOWN DAY

ALL AND ALL THERE ARE POCKETS OF STRENGTH HERE IN SELECTED NAMES KEEP THEM ON YOUR QUOTE SHEETS AND WATCH FOR A GAP DOWN BOUNCE PLAY. WE ARE LOOKING FOR BULLISH DIVERGENCES ON THE CCI'S
================================================================================================================

SO WE CHPPED AROUND ALL WEEK LAST WEEK WINNING SOME AND LOSING SOME DURING THE WILD SWINGS INTRADAY. I WROTE TO YOU ALL THAT THIS EXPECTED BOUNCE MONDAY TUES COULD HAVE BEEN JUST A 2 STICK BEAR FLAG. THAT IS EXACTLY WHAT IT WAS. THERE WAS NO MORNING STAR FOLKS. SO EVERYONE STAY VERY LOOSE HERE MAKE NO MISTAKES AND LET'S SEE IF WE CAN CATCH THE RALLY WHEN IT STARTS.

BEST OF LUCK

JERRY & INNA




Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

last sundays newsletter we still have not seen the lows...onlty the FED can help us

JERRY OLSON'S
"POINT" OF VIEW NEWSLETTER
DATED JULY 30TH 2007
AND NOW THE BOUNCE COMES

Hi everyone this will be a short and sweet belated newsletter.

Ok we got the correction we wanted, all the bloat is out of the markets for the near term. We should try to rebound here right thru this week up and thru the employment report this Friday. Anything above 100,000 would be good despite all the talk of the demolished housing market. There are a slew of eco reports this week so we'll all watch with glee and see how their all treated by the bullet ridden street. Looks like a bunch of Swiss cheese out there if you ask me. We've had a major break down on the DJIA which I'll show you later down below as we broke very strong support at 13,300. My guess is we bounce here for a few days roll over and head down to retest that break. Probably move lower again to begin to form a new bottom here. What is so amazing to me, since the fall of the market in Feb-March of this year in a 6 week crash and burn scenario we have hit new highs. But it's the speed of these corrections that has me dazzled. This time it seems even faster to me and that means lower lows coming soon but that would form a good solid area of support to buy it there. The current move down in the bullish percents, and i mean all the BP's has been so fast it made my head spin. We are already in buy territory on 2 short term BP's and the others are being pushed down to that area as well with light speed.

I am going to say within a short period of time once i see the momentum begin to lift off the bottom like i did in March 2007 then we'll be able to roll back up with gusto that's for sure. There is a myriad of negatives out there right now that is hurting the markets, but as you all remember there was nothing but good news for months on end. The pendulum always is swinging in either direction all the time. When things get skewed to far to one side they always come back toward the middle. That my trading friends is what i call the ebbs and flows of the living breathing stock market. It's never going to change so you might as well "adapt" to it or close up shop altogether. The bottom line right now is we have not seen the lows yet, and we'll just have to wait till i call it on down the road.
=================================================================================================================

the password for this week is the same as last week............................ pullback
==================================================================================================================

DJIA---HUGE NEGATIVE BREAKDOWN ON THE P&F CHART BUT REALLY NO SURPRISE SINCE THE NYSE BP IS FALLING LIKE A STONE. http://www.buyitbuyitsellitsellit.com/OJ1.gif

NASD-COMP---RIGHT NOW THIS INDEX HAS NOT BROKEN DOWN YET THAT WOULD HAPPEN AT 2520. YOU CAN SEE THIS ON THE CHART http://www.buyitbuyitsellitsellit.com/OJ2.gif

NDX 100---I MOVED THE CHART BOXES TO 10 POINTS PER BOX FROM THE 20 POINT DEFAULT SET UP TO SPEED UP THIS PROCESS. SO TAKE A LOOK HERE. IF WE BREAK 1950 THEN WE HEAD MUCH LOWER, IF WE TAKE OUT 2000 THEN WE COULD RALLY UP FOR A BIT LONGER. http://www.buyitbuyitsellitsellit.com/OJ3.gif THIS INDEX IS RIGHT IN THE MIDDLE AFTER TODAY

RUT 2000 SMALL CAP INDEX---IF YOU CHECK THIS CHART WHAT YOU SEE IS A MASSIVE SELLOFF IN SMALL CAPS BUT THE CHART IS SUGGESTING THEIR GOING TO BOUNCE OFF THE BOTTOM HERE http://www.buyitbuyitsellitsellit.com/OJ4.gif

SOX INDEX---IT HAS SUPER SUPPORT AT THE BSL LINE AT 495. A PRINT OF 520 REVERSES IT BACK UP, THE SEMIS WERE STRONG TODAY FOLKS http://www.buyitbuyitsellitsellit.com/OJ5.gif

THE TLT LEHMAN'S 20 BOND INDEX, AND THE US U7 T-BOND FUTURES CHARTS BOTH HIT NEAR TERM RESISTANCE SO THEIR DUE FOR A SHORT BREATHER AFTER A GREAT RUN HIGHER. THE TNX HIT A LOCAL BOTTOM HERE AND IS DUE FOR A BOUNCE. BUT FOR ALL INTENTS AND PURPOSES I THINK BONDS CONTINUE TO RALLY AND RATES CONTINUE TO FALL.

CRUDE FOR SEPT IS STILL BULLISH HEADING FOR 80 ISH OR SO, AND GOLD HAS PULLED BACK AFTER A BIG RUSH HIGHER LATELY IT'S DUE FOR A SMALL RALLY SOON.

SPX 500 INDEX---OK THIS IS MY PROXY FOR THE MARKETS. WE BROKE A TRIPLE BOTTOM HERE ON THE P&F CHART AT 1480.00. WE NOW SHOULD REVERSE BACK UP 3-4 BOXES IN A COUNTERTREND RALLY. IF I AM RIGHT 1410 "COULD BE THE ULTIMATE DOWN SIDE TARGET SO REALLY NOT TOO BAD ACTUALLY. http://www.buyitbuyitsellitsellit.com/OJ6.gif

WE HAVE MASSIVE SELL OFFS IN ALL THE FUTURES CHARTS WITH A NICE RALLY OFF THE LOWS TODAY. SO FOR THE ES U7 CHART TODAY'S BOTTOM IS IMPORTANT. BUYERS SHOWED UP AT 1455-60 AREA...THEY NEED TO DEFEND IT AGAIN ON A RE TEST. IF NOT WE GO A LOT LOWER OVER TIME. 1432 WOULD BE A GOOD AREA TO BUY IF WE EVER GET THERE..
=================================================================================================================

QID---44.45 THE BTL---43.90 THE SST---HIT THE 50 DAY OVERHEAD AND FORMED A DOUBLE TOP I LIKE IT SHORT

SNDK---56.85 THE BTL---56.20 THE SST---VERY STRONG TODAY AND THROUGHOUT THIS SELL OFF GOOD STUFF

OMTR---24.85 THE BTL---25.30 THE SST---HAS HELD VERY WELL HERE ALL THRU THIS DECLINE IT SHOWS SOLID RS FOLKS

VDSI---28.20 THE BTL---27.65 THE SST---WOW WHAT A POP TODAY OFF THAT REAL NICE LIVE CALL IN THE ROOM WE NEED MORE

BEAV---43.10 THE BTL---42.65 THE SST---ONE NICE LITTLE RALLY HERE AND HAS HELD WELL THRU ALL THE TURMOIL

JASO---37.55 THE BTL---36.95 THE SST---THE SOLARS WERE ON FIRE TODAY IN EVERYWAY WE'RE LOOKING GREAT HERE.

NVDA---45.80 THE BTL---45.20 THE SST---ANOTHER SOLID SEMIS WITH A SOLID CHART LOOK GREAT FOR HIGHER TO ME

SMH---38.60 THE BTL---37.90 THE SST---DOUBLE BOTTOM AT THE 50 DAY ON THE DAILY CANDLE CHART MIGHT GO HERE

SINA---42.65 THE BTL---42.10 THE SST---SITTING RIGHT ON A TRIPLE AT THE 50 DAY ON THE DAILY COULD POP FOLKS

CROX---57.35 THE BTL---56.70 THE SST---WHAT A POWERHOUSE EVEN AFTER A 2-1 SPLIT? UNREAL UPSIDE HERE

CSCO---29.75 THE BTL---29.25 THE SST---PERFECT PULLBACK TO THE RISING 20 EMA DAILY POP GOES THE WEASEL
================================================================================================================

HERE'S THIS WEEK ECO REPORTS

Jul 31 08:30 Personal Income Jun 0.5% 0.5% 0.4%
Jul 31 08:30 Personal Spending Jun 0.1% 0.1% 0.5%
Jul 31 08:30 Core PCE Inflation Jun 0.1% 0.2% 0.1%
Jul 31 08:30 Employment Cost Index Q2 0.9% 0.9% 0.8%
Jul 31 09:45 Chicago PMI Jul 59.5 58.5 60.2
Jul 31 10:00 Construction Spending Jun -0.1% 0.2% 0.9%
Jul 31 10:00 Consumer Confidence Jul 109.0 105.0 103.9
Aug 01 10:00 ISM Index Jul 56.5 55.5 56.0
Aug 01 10:00 Pending Home Sales Jun -0.6% -3.5%
Aug 01 10:30 Crude Inventories 07/27 NA NA -1103K
Aug 01 17:00 Auto Sales Jul 5.4M 5.4M 5.2M
Aug 01 17:00 Truck Sales Jul 6.9M 6.8M 6.5M
Aug 02 08:30 Initial Claims 07/28 310K 310K 301K
Aug 02 10:00 Factory Orders Jun 1.1% 1.0% -0.5%
Aug 03 08:30 Nonfarm Payrolls Jul 150K 135K 132K
Aug 03 08:30 Unemployment Rate Jul 4.6% 4.5% 4.5%
Aug 03 08:30 Hourly Earnings Jul 0.3% 0.3% 0.3%
Aug 03 08:30 Average Workweek Jul 33.8 33.9 33.9
Aug 03 10:00 ISM Services Jul 59.0 59.0 60.7


SEE YOU ALL IN THE ROOM TODAY WE SCALPS SHORT ALL DAY THE QID...IT WAS NICE..

LATER

JER & INNA
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

Morning everyone...please just let what is about to happen, just happen. the markets are here everyday..

Good Morning all

There is a global market correction that has just begun for them, and is about in the middle for us. When i wrote about the carnage yet to come, well here it is folks. I have lived thru all these types of selloffs for 30 years, this time is not different it's normal. It just looks different. There's always a "trigger" something that creates panic selling pushing the averages lower then you all expect because that's the mania of the markets, the mania of the traders in the pits. This is and always will be a sell first and ask questions later type market. No one wants to waste their time questioning what is happening right now, so they sell and sell fast. Hence this crushing correction. I told you all that once the Bullish Percents all move in tandem into columns of O's together it becomes a freight train running amok down the tracks at breakneck speed. Nothing can stop the inertia nothing can stop it till it crashes right into a brick wall. Now i ask you all, you had 2 full months to prepare for this event, right? You are in cash every evening not worrying about waking up to this type of a morning, right? You slept last night like a baby because you had an alert and you did something about it well before the event, right? Traders that are long term buyers and holders are in massive pain today. The sentiment and perception has certainly changed over the last couple of months and that's reflected right here in today's selloff. While the sub prime woes are here to stay for a while they too will go away soon. The Financials make up a large portion of the NYSE world of stocks and that's why we are pushing lower each day. While the excessive selloff in the brokers will come to a halt soon no one can predict when it will turn around. Let me say to you all right here and right now. ALL BULLISH PERCENTS as i write this are cascading to the Green Zone at light speed. The answer to this correction is to be ready to buy the dip when the BP's reverse back up. As bad as this looks right now, it doesn't look any worse then any "other" correction I've been involved with before. Look we have not seen "the bottom yet"! The bottom forms over time with tests and re tests of certain technical levels on the charts where I'll be able to "see" the forest for the trees, well before the maddening crowd. There is nothing i can do or say today to sooth anyone's nerves that did not take the proper action i warned about months ago. But i can say let it finish, let it crash and burn, we'll be there at the lows.

Today because of the massive selloff in the world markets it makes no sense to put buy triggers or sell triggers in stocks.

Let me say there are days when stepping aside, sitting on your hands makes a world of sense to me. I am not of the hari kari bent. The markets are here everyday folks, unless i see a good solid trade i am not doing anything today. I'll wait for a perfect set up. Shorting here is ridiculous since the open will be straight down and we never chase gaps in either direction. So if you have the stomach for it, we'll pick up some countertrend trades in the QID or the DXD. We did very well yesterday just trading the volatility using the QID. It's liquid and easy to trade. So let's watch CNBC talk about this crash ad infinitum all day long. I did want to mention that for the first time in a long time we have Fed Funds Futures calling for a rate cut by December. I told you all that the FED will change their statement this meeting on August 7th a one day meeting. This will be the trigger & signal to go long this market.

You all have a real nice day today..see you in the room..

later

jerry & inna
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

Morning all

A quick note on what I'm seeing on P&F as of the close of trading yesterday. I wrote about the speed which this correction is moving. Yesterday both the NYSE & OTC Hi Lo indexes fell large percentages as in 8% & 6.5% respectively. Now that is large moves within the confines of these indicators. Everything is crashing quickly and this is a good thing. It's imperative to begin to put together a shopping list of beaten down stocks & etf's so you can enter them as they cascade lower and lower. What will now happen is a short rally up toward the 38.2 Fibonacci retrace or the 50% area off the recent highs to yesterdays lows. Just check all the daily charts. It would not surprise me to make a backside bounce up and into overhead resistance at the falling 20 ema on all the daily charts. But i warn you all the next leg of this correction would start there and then or sooner and we'll get our final washout down toward 12,800 DJIA & maybe 1430 SPX. This is not the time to invest, not yet. Let the cleansing process complete it's final course which is down. Once we bottom and i see the momentum of this downward thrust stops moving lower and begins to edge back up again we can toe dip into big cap techs. Small caps will lag this next big rally up for sure. In fact there is a lot of safely in larges caps vis a vis small caps. For now we trade like we always do, scalp & daytrades only. The changing landscape of these wild and volatile markets, makes it prudent to sit still and wait patiently for the reversals on the charts. No rush we'll be in the game for sure. Stay tuned.
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

JERRY OLSON'S
"POINT" OF VIEW NEWSLETTER
DATED JULY 30TH 2007
AND NOW THE BOUNCE COMES

Hi everyone this will be a short and sweet belated newsletter.

Ok we got the correction we wanted, all the bloat is out of the markets for the near term. We should try to rebound here right thru this week up and thru the employment report this Friday. Anything above 100,000 would be good despite all the talk of the demolished housing market. There are a slew of eco reports this week so we'll all watch with glee and see how their all treated by the bullet ridden street. Looks like a bunch of Swiss cheese out there if you ask me. We've had a major break down on the DJIA which I'll show you later down below as we broke very strong support at 13,300. My guess is we bounce here for a few days roll over and head down to retest that break. Probably move lower again to begin to form a new bottom here. What is so amazing to me, since the fall of the market in Feb-March of this year in a 6 week crash and burn scenario we have hit new highs. But it's the speed of these corrections that has me dazzled. This time it seems even faster to me and that means lower lows coming soon but that would form a good solid area of support to buy it there. The current move down in the bullish percents, and i mean all the BP's has been so fast it made my head spin. We are already in buy territory on 2 short term BP's and the others are being pushed down to that area as well with light speed.

I am going to say within a short period of time once i see the momentum begin to lift off the bottom like i did in March 2007 then we'll be able to roll back up with gusto that's for sure. There is a myriad of negatives out there right now that is hurting the markets, but as you all remember there was nothing but good news for months on end. The pendulum always is swinging in either direction all the time. When things get skewed to far to one side they always come back toward the middle. That my trading friends is what i call the ebbs and flows of the living breathing stock market. It's never going to change so you might as well "adapt" to it or close up shop altogether. The bottom line right now is we have not seen the lows yet, and we'll just have to wait till i call it on down the road.
=================================================================================================================

the password for this week is the same as last week............................ pullback
==================================================================================================================

DJIA---HUGE NEGATIVE BREAKDOWN ON THE P&F CHART BUT REALLY NO SURPRISE SINCE THE NYSE BP IS FALLING LIKE A STONE. http://www.buyitbuyitsellitsellit.com/OJ1.gif

NASD-COMP---RIGHT NOW THIS INDEX HAS NOT BROKEN DOWN YET THAT WOULD HAPPEN AT 2520. YOU CAN SEE THIS ON THE CHART http://www.buyitbuyitsellitsellit.com/OJ2.gif

NDX 100---I MOVED THE CHART BOXES TO 10 POINTS PER BOX FROM THE 20 POINT DEFAULT SET UP TO SPEED UP THIS PROCESS. SO TAKE A LOOK HERE. IF WE BREAK 1950 THEN WE HEAD MUCH LOWER, IF WE TAKE OUT 2000 THEN WE COULD RALLY UP FOR A BIT LONGER. http://www.buyitbuyitsellitsellit.com/OJ3.gif THIS INDEX IS RIGHT IN THE MIDDLE AFTER TODAY

RUT 2000 SMALL CAP INDEX---IF YOU CHECK THIS CHART WHAT YOU SEE IS A MASSIVE SELLOFF IN SMALL CAPS BUT THE CHART IS SUGGESTING THEIR GOING TO BOUNCE OFF THE BOTTOM HERE http://www.buyitbuyitsellitsellit.com/OJ4.gif

SOX INDEX---IT HAS SUPER SUPPORT AT THE BSL LINE AT 495. A PRINT OF 520 REVERSES IT BACK UP, THE SEMIS WERE STRONG TODAY FOLKS http://www.buyitbuyitsellitsellit.com/OJ5.gif

THE TLT LEHMAN'S 20 BOND INDEX, AND THE US U7 T-BOND FUTURES CHARTS BOTH HIT NEAR TERM RESISTANCE SO THEIR DUE FOR A SHORT BREATHER AFTER A GREAT RUN HIGHER. THE TNX HIT A LOCAL BOTTOM HERE AND IS DUE FOR A BOUNCE. BUT FOR ALL INTENTS AND PURPOSES I THINK BONDS CONTINUE TO RALLY AND RATES CONTINUE TO FALL.

CRUDE FOR SEPT IS STILL BULLISH HEADING FOR 80 ISH OR SO, AND GOLD HAS PULLED BACK AFTER A BIG RUSH HIGHER LATELY IT'S DUE FOR A SMALL RALLY SOON.

SPX 500 INDEX---OK THIS IS MY PROXY FOR THE MARKETS. WE BROKE A TRIPLE BOTTOM HERE ON THE P&F CHART AT 1480.00. WE NOW SHOULD REVERSE BACK UP 3-4 BOXES IN A COUNTERTREND RALLY. IF I AM RIGHT 1410 "COULD BE THE ULTIMATE DOWN SIDE TARGET SO REALLY NOT TOO BAD ACTUALLY. http://www.buyitbuyitsellitsellit.com/OJ6.gif

WE HAVE MASSIVE SELL OFFS IN ALL THE FUTURES CHARTS WITH A NICE RALLY OFF THE LOWS TODAY. SO FOR THE ES U7 CHART TODAY'S BOTTOM IS IMPORTANT. BUYERS SHOWED UP AT 1455-60 AREA...THEY NEED TO DEFEND IT AGAIN ON A RE TEST. IF NOT WE GO A LOT LOWER OVER TIME. 1432 WOULD BE A GOOD AREA TO BUY IF WE EVER GET THERE..
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QID---44.45 THE BTL---43.90 THE SST---HIT THE 50 DAY OVERHEAD AND FORMED A DOUBLE TOP I LIKE IT SHORT

SNDK---56.85 THE BTL---56.20 THE SST---VERY STRONG TODAY AND THROUGHOUT THIS SELL OFF GOOD STUFF

OMTR---24.85 THE BTL---25.30 THE SST---HAS HELD VERY WELL HERE ALL THRU THIS DECLINE IT SHOWS SOLID RS FOLKS

VDSI---28.20 THE BTL---27.65 THE SST---WOW WHAT A POP TODAY OFF THAT REAL NICE LIVE CALL IN THE ROOM WE NEED MORE

BEAV---43.10 THE BTL---42.65 THE SST---ONE NICE LITTLE RALLY HERE AND HAS HELD WELL THRU ALL THE TURMOIL

JASO---37.55 THE BTL---36.95 THE SST---THE SOLARS WERE ON FIRE TODAY IN EVERYWAY WE'RE LOOKING GREAT HERE.

NVDA---45.80 THE BTL---45.20 THE SST---ANOTHER SOLID SEMIS WITH A SOLID CHART LOOK GREAT FOR HIGHER TO ME

SMH---38.60 THE BTL---37.90 THE SST---DOUBLE BOTTOM AT THE 50 DAY ON THE DAILY CANDLE CHART MIGHT GO HERE

SINA---42.65 THE BTL---42.10 THE SST---SITTING RIGHT ON A TRIPLE AT THE 50 DAY ON THE DAILY COULD POP FOLKS

CROX---57.35 THE BTL---56.70 THE SST---WHAT A POWERHOUSE EVEN AFTER A 2-1 SPLIT? UNREAL UPSIDE HERE

CSCO---29.75 THE BTL---29.25 THE SST---PERFECT PULLBACK TO THE RISING 20 EMA DAILY POP GOES THE WEASEL
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HERE'S THIS WEEK ECO REPORTS

Jul 31 08:30 Personal Income Jun 0.5% 0.5% 0.4%
Jul 31 08:30 Personal Spending Jun 0.1% 0.1% 0.5%
Jul 31 08:30 Core PCE Inflation Jun 0.1% 0.2% 0.1%
Jul 31 08:30 Employment Cost Index Q2 0.9% 0.9% 0.8%
Jul 31 09:45 Chicago PMI Jul 59.5 58.5 60.2
Jul 31 10:00 Construction Spending Jun -0.1% 0.2% 0.9%
Jul 31 10:00 Consumer Confidence Jul 109.0 105.0 103.9
Aug 01 10:00 ISM Index Jul 56.5 55.5 56.0
Aug 01 10:00 Pending Home Sales Jun -0.6% -3.5%
Aug 01 10:30 Crude Inventories 07/27 NA NA -1103K
Aug 01 17:00 Auto Sales Jul 5.4M 5.4M 5.2M
Aug 01 17:00 Truck Sales Jul 6.9M 6.8M 6.5M
Aug 02 08:30 Initial Claims 07/28 310K 310K 301K
Aug 02 10:00 Factory Orders Jun 1.1% 1.0% -0.5%
Aug 03 08:30 Nonfarm Payrolls Jul 150K 135K 132K
Aug 03 08:30 Unemployment Rate Jul 4.6% 4.5% 4.5%
Aug 03 08:30 Hourly Earnings Jul 0.3% 0.3% 0.3%
Aug 03 08:30 Average Workweek Jul 33.8 33.9 33.9
Aug 03 10:00 ISM Services Jul 59.0 59.0 60.7


SEE YOU ALL IN THE ROOM TODAY WE SCALPS SHORT ALL DAY THE QID...IT WAS NICE..

LATER

JER & INNA
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

yesterday in the room, not out in the hall the traders had their BEST day ever!!! i was so impressed with the action inside that room, wow...and on that kind of down day amazing...

Good Morning all

OK so we corrected, i already told you it was going to happen, and sure enough it did! Booooyah folks, now what? We probably make a technical bounce for the next few days maybe do a retest of yesterdays lows, maybe hold maybe not we'll see. But i have to tell you all what is finally so gratifying to me after all this hard work. Yesterday in one of the most volatile and scary days for all traders, our group just smoked that market like i have never seen before. The group where i can "see" their trades is at Genesis as you know, it simply was the best trading day ever for the whole group. This during a horrific down day as the indexes got creamed all day long. So guys and girls you have to pat yourself on the back for a job well done, kudos to you all i am beaming! Now listen up, being a daytrader is where it's at folks make no mistake about it. Going to cash each night takes the worry out of the market for us so we can sleep at night and rest up properly eagerly looking forward to the next trading day. That emotional aspect is so important to our mental health. So as long as you are adjusting your long term portfolio's as i suggested over 2 months ago, then you're going to be laughing all the way to the bank. Why you ask? Because you either sold those profitable stocks, you bought protective puts, you wrote covered calls and raked in some wonderful cash into your accts, or you placed hard stop loss orders in underneath those hard fought gains. Now we are getting a fire sale scenario so those of you that raised cash can begin to make up a "shopping list" of stocks to buy when we bottom and reverse back up on the P&F bullish percent charts. Currently all BP's are in O's and falling rapidly, and that's another good point to remember folks. During the Feb/March 2007 Greenspan blurb or burp which ever, that correction took all of six weeks. This one looks even faster as the markets globally are following the USA as per usual and as they cascade lower and lower. At some point near term buyers will emerge with heavy cash allotments to push into the abyss. It's the investors that "missed" the rally off these other lows that will pile into the game like a shark feeding frenzy, make no mistake about it. The headlines around the world are screaming crash crash, everyone this is no crash. This is the orderly pullback i wrote about months ago even as we touched 14,000. In the ebbs and flows of this living breathing stock market, we in the world of P&F understand this phenomenon and just continue to do what brought us to the dance floor over and over again and again. Hang tough ladies stocks are "On Sale", and we all know how we dearly love a "discount" right? See you in the room today let's repeat the same solid gains ok?
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QID---44.10 THE BTL---44.50 THE SST---MADE A SHARP MOVE OFF THE DEEPLY OVERSOLD AREA ON THE CHART AS EXPECTED

SNDK---57.10 THE BTL---56.55 THE SST---HELD LIKE A ROCK YESTERDAY WE TRADED IT GREAT LET'S DO IT AGAIN YES?

SNCR---35.00 THE BTL---34.60 THE SST---HAS EPS LAST NIGHT CAME IN GOOD AND HAS A BIG CONNECT WITH AAPL FOLKS

OMTR---25.95 THE BTL---25.40 THE SST---THIS STOCK HELD LIKE A ROCK YESTERDAY A NICE FIND FROM A ROOMIE<G>

KFT---34.50 THE BTL---34.00 THE SST---IF BUFFET CAN OWN IT SO CAN WE RIGHT, SCALP ONLY THO FOLKS I LIKE IT LONG

LDK---43.55 THE BTL---42.95 THE SST---EXCELLENT SOLAR PLAY AS THE WHOLE SECTOR IS DOING QUITE WELL RIGHT NOW

SMH---38.65 THE BTL---38.15 THE SST---TOUCHED THE 50 DAY AND BOUNCED YESTERDAY I LOVE THE SEMIS SECTOR.

VSEA---46.30 THE BTL---45.70- THE SST---POPPED OFF THAT NICE KLAC REPORT LAST NIGHT COULD GO UP TODAY

QCOM---42.40 THE BTL---41.80 THE SST---HAD EXCELLENT EARNINGS AND SOLD OFF WITH THE PUSH DOWN YESTERDAY

SOLF---11.90 THE BTL---11.30 THE SST---THIS STOCK SHOWED GOOD RS YESTERDAY I LIKE IT TO BOUNCE WITH THE SOLARS
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OK WE HAVE GDP AT 8.30 THEIR GUESS IS 3% NOT SURE ABOUT THAT FOLKS. BUT I DO WANT TO SAY THAT THE NDX 100 INDEX BOUNCED NICELY OFF THE 50, SO WATCH THAT AS THE LEADER TODAY FOR A REBOUND.

TRADE SMART TODAY YOU HEAR? AND USE STOPS THEY SAVE A LOT OF MONEY

SEE YOU IN THE ROOM

BEST

JER & INNA


Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

everyone i am warning you all take action now since the BP's are all falling fast now it';s going to hurt you if you do not step up to the plate.

Good Morning all

The internals on P&F have given a serious all out sell signal with the events of yesterday. That was no rally folks, it was a lopsided swamp job for the sellers as the funds were unloading stocks hand over fist. There are major risks right now in this market that could move your stocks, your holdings down the toilet with much pain and carnage. Every "major" Bullish Percent & all minor BP's are in O's and falling rapidly. When this set up aligns itself like this the meat of this move is far from over. Stocks are going to correct now in a big way even the best of breeds. So do what you need to protect your holdings. Crude has exploded over the last few weeks giving a negative effect as well. The bright spot now is the bond market as yields are coming down fast and Fed Funds are going up fast signaling the FED's change of heart between inflation and growth. We'll get a glimpse of that what with the GDP this week. Housing is still falling both in price and in sales we have not seen the bottom yet, i think that will come late winter next year in 2008. As this drag on the economy continues more and more of the Fed members will move off inflation and lean heavily toward helping the deteriorating technical picture of our weakening situation. If you think about this, there's what i call a "trickle down effect", from this fall out in housing. There's a ton of sympathy plays that make all their money because of housing & construction. Well those companies that hang their hats on this sector are going to implode quickly and lose a lot of sales and money over the next year or so. The markets while being extreme on most occasions always corrects at some point in time and housing is no different then the markets. The sub prime debacle is still out there everyday on every possible media form telling us the next big bomb is just a blip away. I truly think while it may expand it's a very small area of the overall banking & mortgage industry. The TNX which is the 10 year yields is falling sharply as predicted weeks ago as the bond rally nicely. All of this is good for interest rates hence at some point we could see 5% mortgages and that alone could spark renewed interest in the housing market. Stay tuned folks this correction is far from over and could get even more ugly all the way thru Oct-Nov Cycle lows. Stay alert and be careful out there.

[Jerry Olson]

here's my Newsletter from Sudnay...

JERRY OLSON'S
"POINT" OF VIEW NEWSLETTER
DATED JULY 22ND 2007
HERE COMES THE CORRECTION

Hello out there all my cyber trading friends from around the globe. I hope this newsletter finds you and yours in good health and spirits. Gee it's hot here in Philly and the tourists are all over the place going nuts.

The markets have started a long awaited pullback that will be short and sweet. The "pause that refreshes" it looks like to me. When i show you all the P&F charts of all the indexes we watch many of them have not even reversed down yet. I'm telling you all they will this week into the end of July as we make the cycle lows expected by the last week of July to the first week of August. I told you all about interest rates right? They are starting to fall because of the major drag now forming in the housing market as mentioned adroitly by our esteemed leader of the FED Mr. Ben B. In his testimony in front of congress there was little doubt about the trouble up coming in the GDP growth outlook despite the jawboning all last week from "other" Fed guys. They're out there in force trying to put a smile on this pig that is not going to happen. The bottom of the housing decline is far from over, as well as the "sentiment & perception" about the sub prime current debacle. Heck it's on the airways every minute with CNBC talking about it none stop. So if it wasn't a big deal at one point, everyone and his brother is trying to jump on the bandwagon and talk about how terrible this all is and where it's leading the banks and lending communities.

In point of fact the Fed Chairmen said exactly what we all think and know, the sup prime area is very important for people that want to buy homes and need mortgages to get in these homes that are available now.. I think it's ultra important since everyone should own their own home as soon as they can get a loan. While the housing market is down like this, trust me it will be back up and over the top all over again once this down cycle ends next year or so. Like we all know and have talked about forever it's the ebbs and flows of the markets, but that means all markets not just stocks or bonds. It's truly an amazing event when you see these charts start to come alive like the TLT or the US U7-- T-Bond futures and the TNX & TYX reverse back down here. It's interesting too the FED is definitely on hold right here but all of a sudden Fed Funds Futures has blipped to the side of a cut now by 28% which was none existent till last week.

This economic picture while terrific on the employment end, is getting a bit long in the tooth if you ask me, and the GDP that everyone is guessing will be at 3% by years end, might get a really big surprise on down this murky road. The internals of the housing markets trickle down effect has yet to hit as hard as it's going too. Hence when CAT came out and missed earnings sighting housing as the culprit that was a bell ringer for "other" domestic corps to be getting hit even harder now. Cat is a multinational so other areas picked up the slack but not enough actually to make them more profitable. Interesting times we all live in folks. So we'll watch the decline coming now and see where the buyers reappear. You should be fine at the moment since we are still in an uptrend till it stops!

[Jerry Olson]

exactly one month ago i warned all my subscribers to take action on their long term accts since the correction was on the way. we'll as of last week that came true. If you listened to me you would be hedged in some way to protect all these nice gains this year.
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Good Morning all

I wrote this past Sunday that the correction was on the way. Well we're in a full blown pull back here and have not seen the lows. "ALL" bullish percents have moved to O's and that means much lower prices on all the indexes as we move thru this negative time frame of the year. I am not going to write about what you should have done a month ago but suffice it to say it's going to get a lot worse before it gets better and by that time your holdings will be at their lows. That simply means you lost all those gains you fought for all year long in this incredible bull market, and here we have this carnage that will push these stock prices a lot lower, that pain will get almost unbearable. Hence that's why we daytrade and go to cash every night. I'm not saying you should not have a stock portfolio, and IRA's a 401k but i am saying you MUST rotate in and out of the markets as needed and not just sit there during severe drawdown's. I am here to at the very least give you a technical picture of your stocks then you can make up your own mind as to what hedge you can take to protect gains. Cash is a terrific position to be in when markets are correcting like this. We probably will get a nice bounce here off that heavy down day but then we'll resume the eventual downside move till it washes itself out. We are seeing pullbacks now on all index charts together and that's what we need to get this done as soon as possible. Just stay the course and hone your craft till you're making solid daily money. We have a slew of big cap earnings this evening headed up by AAPL. Last night AMZN killed the number again and guided way up, the stock is up 12-13 points as i write this and so are the futures. So we bounce today maybe tomorrow and then well see when we roll over again for the next big down move into cycle low dates July 30-31st. Class was good last night!
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QID---43.05 THE BTL---42.40 THE SST---FINALLY MADE A REVERSAL BACK UP ON THE P&F CHART SHORT IT TODAY AT THE 20

TASR---15.55 THE BTL---14.95 THE SST---WE LOOKED AT TASR LAST NIGHT IT'S RIGHT AT THE 20 EMA SHOULD MOVE HIGHER

CRNT---15.05 THE BTL---14.50 THE SST---MENTIONED IN IBD SECTION AND WAS UP NICELY YESTERDAY SHOULD GO HIGHER

RFMD---7.20 THE BTL---6.70 THE SST---CAME IN GOOD THE OTHER EVENING HELD WELL THRU THE CARNAGE MIGHT POP

EBAY---33.70 THE BTL---33.40 THE SST---SHOULD REALLY GET UP BIG TODAY OFF AMZN THE CHART IS IMPROVING

ZRAN---20.60 THE BTL---20.05 THE SST---HELD LIKE A ROCK IN THE SLAM HAD EXCELLENT EPS THIS WEEK I LIKE IT LONG

QCOM---43.40 THE BTL---42.80 THE SST---HAS EPS DATE THIS EVENING SHOULD DO WELL TODAY I LIKE IT LONG

AKAM---46.55 THE BTL---45.90 THE SST---HAS EPS TONIGHT SHOULD COME IN GOOD AND ACT GOOD DURING THE DAY

SNDK---57.40 THE BTL---56.80 THE SST---HELD LIKE A ROCK YESTERDAY OFF CRAMERS PUMP THE NIGHT BEFORE

SNCR---35.65 THE BTL---64.90 THE SST---SHOULD MAKE A BIG BOUNCE TODAY AHEAD OF AAPL'S EPS TONIGHT WATCHING
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LET'S WATCH THE TECHNICAL BOUNCE TODAY AND THEN LOOK FOR THE NEXT BIG DOWN DAY TO END THIS CORRECTION NEAR TERM. I LIKE THE ACTION, I LIKE THE LOOK OF THE CHARTS WE'RE STILL HANGING TOUGH DESPITE THAT UGLY DAY

SEE YOU IN THE ROOM SCALP QUICKLY TODAY

LATER

JERRY & INNA
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

we now have made 4 consecutive winning days in a row after trading like a dunce for 2 weeks..

(6:32 AM) Paltalk: TO ALL ROOM MEMBERS STICK TO THE RULES, ALWAYS USE STOPS, NEVER LET HARD WON PROFITS DIE, AND MOST OF ALL HONOR YOUR WORD AND COMMITMENT TO YOUR PROFESSION. ACT LIKE A PRO AND TRADE LIKE ONE.





(8:17 AM) MATTnRACHM70: sndk cramer pump last night
(8:17 AM) MATTnRACHM70: klac downgraded
(8:18 AM) MATTnRACHM70: JEC beat
(8:18 AM) MATTnRACHM70: cramer pumps dry bulk shippers SEA and OCNF
(8:19 AM) MATTnRACHM70: APOL upgraded
(8:19 AM) MATTnRACHM70: UAUA beat
(8:19 AM) MATTnRACHM70: MVIS up pm
(8:20 AM) MATTnRACHM70: UCTT up pm upgrade
(8:20 AM) MATTnRACHM70: CFC getting hit pm
(8:21 AM) MATTnRACHM70: AMZN neg article WSJ
(8:21 AM) MATTnRACHM70: DD missed
(8:21 AM) MATTnRACHM70: PEP beat
(8:22 AM) MATTnRACHM70: AMLN up pm
(8:22 AM) MATTnRACHM70: NRMX up pm
(8:23 AM) MATTnRACHM70: WGOV -4.00 pm thx cramer lol
(8:26 AM) acer1546: hay Mat ur starting to sound like Rick
(8:26 AM) rick007_3: wow
(8:26 AM) rick007_3: cramer pumped sndk last night
(8:27 AM) MATTnRACHM70: IOM near a breakout on daily
(8:27 AM) MATTnRACHM70: just got pump on cnbc
(8:27 AM) rick007_3: blast from the past
(8:28 AM) MATTnRACHM70: daily chart in uptrend iom
(8:28 AM) MATTnRACHM70: CFC gonna weigh on market today getting pounded
(8:28 AM) acer1546: fut ym es er lod
(8:29 AM) MATTnRACHM70: keep eye on those shippers NM SEA OCNF
(8:29 AM) MATTnRACHM70: EXM also
(8:30 AM) MATTnRACHM70: DD down
(8:30 AM) MATTnRACHM70: MCD down
(8:32 AM) MATTnRACHM70: crnt got upgrade
(8:34 AM) MATTnRACHM70: BTU missed
(8:34 AM) acer1546: sup on es at 1543 1540 1536.75
(8:34 AM) MATTnRACHM70: BTU gettin hit
(8:35 AM) MATTnRACHM70: getting
(8:35 AM) MATTnRACHM70: ENER positive news
(8:37 AM) MATTnRACHM70: aapl getting a slap
(8:38 AM) MATTnRACHM70: UAUA up nice
(8:39 AM) MATTnRACHM70: would like some SNDK at 56/55
(8:41 AM) MATTnRACHM70: TXN dog
(8:42 AM) MATTnRACHM70: Michael Vick being fed to the Dogs
(8:42 AM) rick007_3: nut case
(8:44 AM) MATTnRACHM70: Guess the dip buyers will need to show up today
(8:44 AM) MATTnRACHM70: back in a few..............
(9:00 AM) MATTnRACHM70: MVIS signed deal with MOT
(9:02 AM) MATTnRACHM70: aapl down 4.50
(9:03 AM) MATTnRACHM70: GME tgt raised
(9:03 AM) BarbT1: KLAC downgrade
(9:03 AM) BarbT1: TASR downgrade to hold
(9:05 AM) MATTnRACHM70: NFLX dog
(9:05 AM) MATTnRACHM70: aapl going for dn 6
JerryO3434: mic check
(9:06 AM) MrStock1: gm
(9:06 AM) filpa: GM Jerry
(9:06 AM) Allenrhess: HI JERRY
(9:06 AM) BarbT1: X beats earnings large
(9:07 AM) MATTnRACHM70: crude down nice
(9:07 AM) MATTnRACHM70: gas coming down nice
(9:07 AM) MATTnRACHM70: gonna put gas in car lol
(9:11 AM) MATTnRACHM70: MVIS holding up well
(9:13 AM) MATTnRACHM70: remember took SNDK forever to get through 55.00 will be good support imo if gets there for bounce
(9:14 AM) MATTnRACHM70: SNCR getting hit on soft i-phone news
(9:17 AM) MATTnRACHM70: would love 50 down on naz and 200 on indu
(9:17 AM) MATTnRACHM70: briefing.com
(9:19 AM) Geeedubya: AAPL pull back on ATT report, imo this would be a 'buy on dip'
(9:20 AM) Allenrhess: have not see that in a while
(9:20 AM) rick007_3: thats a positive
(9:20 AM) MATTnRACHM70: DGX very strong here today
(9:20 AM) Geeedubya: gm Jer
(9:20 AM) Geeedubya: ..all
(9:20 AM) Allenrhess: you were right
(9:21 AM) Allenrhess: lol
(9:23 AM) rick007_3: you da man!!
(9:23 AM) freedom_1000: morning jerry, good luck everyone.
JerryO3434: stops everyone
(9:24 AM) rick007_3: what was your target on dow 13700?
(9:25 AM) rick007_3: k
JerryO3434: 13,500
(9:26 AM) rick007_3: ok
(9:26 AM) hunt77: can we do that today and get it over???
(9:26 AM) rick007_3: sure
(9:26 AM) rick007_3: interest rates coming down will help me thinks
(9:27 AM) hunt77: headline----Dow down 500 pts
(9:27 AM) rick007_3: hmm
(9:27 AM) acer1546: 14,050 up 13775 dwn dow levels
(9:28 AM) rick007_3: yep
(9:28 AM) hunt77: nice pop in aapl off the lows----wonder how many stops will be run when the market opens on aapl
(9:30 AM) BarbT1: AMSC got a 70M$ order
(9:30 AM) BarbT1: running strong
(9:30 AM) BarbT1: CLNE gapping
(9:31 AM) rick007_3: jaso woooped
(9:31 AM) rick007_3: wompped
(9:31 AM) rick007_3: jec up .78
(9:32 AM) cafescuderia: TASR, KABOOM.
(9:32 AM) acer1546: es 1536 S2
(9:33 AM) rick007_3: gmkt positive
(9:33 AM) rick007_3: hoku positive
(9:33 AM) rick007_3: nm positive
(9:34 AM) hunt77: HTE hit hard
(9:35 AM) BarbT1: wonder why hunt .. haven't been watching - but I bought in at 31 so guess I should have kept watch
JerryO3434: VSEA
(9:35 AM) chicotrader: any ideas on MCX
(9:36 AM) hunt77: natural gas under 6, Hte had a downgrade yesterday
(9:36 AM) rick007_3: FAST up .45
(9:36 AM) rick007_3: JEC up
(9:36 AM) BarbT1: Qualcomm: Expect June beat and keep; guidnace likely muted by ITC - AmTech (42.75 ) : AmTech notes QCOM reports this Wed, after the close. Firm expects a solid beat for June, but expect guidance below some of the higher ests for Sept given the dynamics around the ITC ban
(9:39 AM) BarbT1: QCOM Qualcomm: Texas Instruments displaced by Qualcomm as top handset chip supplier in 1Q07 - DigiTimes (43.09 +0.34)
(9:39 AM) beachnick: qcom holding at 200
(9:40 AM) Geeedubya: YGE
(9:40 AM) Geeedubya: WFR
(9:40 AM) MrStock1: ES breaking VWAP 15 min
(9:40 AM) mirror4: yikes, sndk lost 56
(9:40 AM) Geeedubya: CTAS
(9:40 AM) rick007_3: jec still going up
(9:41 AM) rick007_3: let me look
(9:41 AM) rick007_3: yes great earnings
(9:42 AM) acer1546: es s1 from yesterday 1534.25 then 1530.25 s3 today
(9:42 AM) rick007_3: they beat by .04 cents
JerryO3434: HAMMER SNDK
(9:43 AM) BarbT1: AMSC strong today on news
(9:43 AM) acer1546: defending the 1536 so far es
(9:43 AM) mirror4: what a sndk comeback
(9:44 AM) mirror4: klic goin lose 11?
JerryO3434: LONG SNDK AT 56.67
JerryO3434: 30 CENT STOPS
JerryO3434: SOLD SNDK AT 56.92
(9:48 AM) chicotrader: great stuff
(9:48 AM) chicotrader: yes
(9:49 AM) MATTnRACHM70: DGX monster
(9:49 AM) BarbT1: AMSC still going
(9:49 AM) MATTnRACHM70: quest
(9:49 AM) BarbT1: QCOM weakening
(9:49 AM) rick007_3: jec bounced big
(9:49 AM) Allenrhess: s ym 08
(9:50 AM) freedom_1000: is that CINA?
(9:50 AM) MATTnRACHM70: sina
(9:50 AM) freedom_1000: thx
JerryO3434: SINA SETTING UP
(9:51 AM) beachnick: qcom big shakeout move down to the 20
(9:51 AM) acer1546: futs looking good
(9:51 AM) Geeedubya: TXN
(9:51 AM) Geeedubya: TXN GOING
(9:51 AM) MATTnRACHM70: GME strong dh
JerryO3434: LONG BRCM AT 33.71
JerryO3434: 20 CENT STOPS
(9:53 AM) rick007_3: jaso bouncing
(9:53 AM) MATTnRACHM70: ASTI dh
JerryO3434: SNCR
JerryO3434: STOPPED BRCM
(9:56 AM) rick007_3: what was that
(9:56 AM) Geeedubya: TOOK TOO LONG
(9:56 AM) KB321: EPS... AMZN, NTRI
(9:56 AM) rick007_3: man they just took us out
(9:56 AM) rick007_3: ok
JerryO3434: SNCR
JerryO3434: LONG SNDK AT 57.01
JerryO3434: 20 CENT STOPS
JerryO3434: SOLD SNDK AT 57.14
JerryO3434: SNDK
JerryO3434: ONG SNDK AT 57.27
JerryO3434: 20 CENT TSTOPS
JerryO3434: SOLD SNDK AT 57.43
(10:01 AM) acer1546:
(10:01 AM) MATTnRACHM70: amzn going nuts
(10:02 AM) gemini624: Thanks Jerry, I got to go, bad working conditions, no broadband, see you tomorrow.
JerryO3434: SNCR
(10:03 AM) beachnick: qcom still strong
(10:04 AM) hunt77: sure glad my TSO puts expired last week
(10:07 AM) hunt77: down 12 bucks in about 3 weeks----TSO
(10:07 AM) Allenrhess: years on end - lol
(10:08 AM) john015: ndk
(10:08 AM) Allenrhess: out ym 04
(10:08 AM) Allenrhess: +4 chicken
(10:09 AM) john015: Yes Jerry
JerryO3434: MANHOLE
JerryO3434: CLASS THIS EVENING AT 7.00 PM FOR NEW TRADERS
JerryO3434: NEW USERS OF LASER
(10:10 AM) hunt77: had so much fun trading----forgot my bacon on the grill----crispy style now
JerryO3434: NEW CHART READERS
JerryO3434: QID AT R
(10:11 AM) rick007_3: jer what you think of jec here?
(10:11 AM) MATTnRACHM70: gme very strong
(10:12 AM) rick007_3: who me
(10:12 AM) BarbT1: KLAC at low
(10:12 AM) rick007_3: traded everytrade with
(10:12 AM) rick007_3: up
(10:12 AM) rick007_3: who's takin my money
(10:12 AM) rick007_3:
(10:13 AM) KB321: Esignal slow today?
JerryO3434: KL;AC KILLED
(10:13 AM) acer1546: es low was s1 from yesterday 1534.25
(10:14 AM) acer1546: y I agree chief
(10:14 AM) rick007_3: jaso looks good huh
(10:16 AM) rick007_3: guess jaso did look good
JerryO3434: SS THE QID AT 42.25
JerryO3434: 20 CENT BUY STOPS
JerryO3434: SOLD THE QID AT 42.15 COVERED
(10:17 AM) hunt77: aapl nice recovery off the slam
JerryO3434: 1540
(10:18 AM) rick007_3: say what
(10:18 AM) MATTnRACHM70: lol
(10:18 AM) acer1546: where are we?
(10:19 AM) hunt77: we are on Planet Earth
(10:19 AM) KB321: CROX hod
(10:19 AM) rick007_3: yeh hah
(10:20 AM) rick007_3: wow jaso nice bounce
(10:20 AM) rick007_3: who called it??
(10:20 AM) rick007_3: who didn't take
(10:20 AM) rick007_3: it
(10:20 AM) rick007_3: jaso crankin
(10:21 AM) Geeedubya: YEP +.20
(10:21 AM) rick007_3: jaso call good for a 1.00
(10:21 AM) hunt77: like the one finger salute better
(10:21 AM) Geeedubya: STILL GOING
(10:21 AM) cafescuderia: ADDED to ALTI @3.88
(10:21 AM) rick007_3: holy cow
(10:21 AM) Geeedubya: NICE CALL
(10:21 AM) MATTnRACHM70: stocks strong DGX BIIB GME
(10:22 AM) BarbT1: BIIB Biogen Idec climbs to session highs
(10:22 AM) rick007_3: jaso may go positive here
(10:23 AM) rick007_3: here comes jaso
(10:23 AM) beachnick: qcom continues
(10:23 AM) rick007_3: who died and put you in charge
(10:24 AM) rick007_3:
(10:24 AM) mirror4: cien goin' pop here?
(10:24 AM) BarbT1: qcom new hod
(10:25 AM) BarbT1: csco trying to come back to 30
(10:25 AM) rick007_3: jsda just went positive
(10:25 AM) BarbT1: and about time
(10:26 AM) rick007_3: jerry look at last candle on jsda
(10:26 AM) mirror4: sina sure gave it up
(10:27 AM) rick007_3: pos in this market
(10:27 AM) hunt77: lol---WMT hod
(10:27 AM) KB321: Jer, do you like CROX?
(10:28 AM) rick007_3: jaso just went positive
(10:28 AM) rick007_3: holy cow
(10:28 AM) BarbT1: yhoo
(10:28 AM) KB321: yep, I was too late
(10:28 AM) BarbT1: ebay
(10:28 AM) rick007_3: hangin with ya
(10:29 AM) rick007_3: uncle jerry
JerryO3434: LONG SNDK AT 57.40 20 CENT STOPS
(10:33 AM) MATTnRACHM70: KLAC at 20ema daily
(10:33 AM) beachnick: follow the rules!!!!
JerryO3434: 1541.50 ES
(10:35 AM) KB321: CROX hod
(10:35 AM) KB321: 3 times
(10:35 AM) KB321: yep
(10:36 AM) hunt77: time to short the QID?
JerryO3434: LESIS
(10:37 AM) rick007_3: volume dried up
(10:38 AM) lesis: right click on what, Jerry
JerryO3434: ADD ME AS APAL
JerryO3434: 10 CENT STOPS SNDK
(10:40 AM) hunt77: patient patient---click the buttons click the buttons----sit on your hands......lol
(10:42 AM) Geeedubya: QID below 20
(10:42 AM) KB321: JASO..green
JerryO3434: MOVE STOPS BE FOR SNDK
JerryO3434: SOLD SNDK AT57.62
(10:43 AM) beachnick: me too. out @ .60
(10:43 AM) mirror4: nice pop on cien
JerryO3434: STOPS SNDK AT 57.60
(10:44 AM) Geeedubya: nice Jer
(10:44 AM) kidcul: rolling stops Jerry ...I like it
(10:44 AM) rick007_3: jec up .54
(10:45 AM) kidcul: absolutely especially with 20 cent stops
(10:45 AM) cafescuderia: MY suggestion, watch JSDA very closely.
(10:45 AM) Geeedubya: NVDA
(10:46 AM) rick007_3: jaso
(10:46 AM) rick007_3: jec up .74
(10:47 AM) rick007_3: actually 3
(10:47 AM) rick007_3: jaso still goin here
(10:48 AM) beachnick: could have just parked in qcom today. i got out early
(10:48 AM) rick007_3: intc positive
(10:49 AM) beachnick: had .40 and it took me out. set it too tight
(10:49 AM) rick007_3: jaso hod
(10:49 AM) beachnick: that break off the 200 was nice
(10:49 AM) rick007_3: fslr up 1.26
JerryO3434: HOKU
(10:50 AM) rick007_3: asti up also
(10:51 AM) KB321: MSFT hod
(10:51 AM) mirror4: intc moving
(10:51 AM) BarbT1: AMAT green
(10:51 AM) MATTnRACHM70: fslr going nuts
(10:52 AM) rick007_3: yes it is
(10:52 AM) Geeedubya: QID on the 50
(10:52 AM) mirror4: klic has zero interest today
(10:53 AM) rick007_3: 200 37.10
(10:53 AM) rick007_3: jaso
(10:53 AM) mirror4: rmbs rummaging around in discount basement mode
(10:53 AM) mirror4: pos
(10:54 AM) hunt77: HTE----nice recovery off the lows
(10:54 AM) mirror4: brcm acting today like a cat with fleas
(10:54 AM) Geeedubya: bam
(10:56 AM) rick007_3: hoku just went positive
(10:56 AM) hunt77: QID---die die die
(10:56 AM) hunt77: yup
(10:56 AM) cafescuderia: Cramer has the power, OCNF gapped up.
(10:57 AM) rick007_3: little guy plays the crammer stks
(10:57 AM) mirror4: vlo sure got hit
(10:57 AM) mirror4: OIX down 13.12
(10:57 AM) hunt77: Mirror----so did TSO
(10:57 AM) rick007_3: jec new HOD
(10:57 AM) rick007_3: jec flying
(10:57 AM) mirror4: tempting to buy vlo right here
(10:58 AM) mirror4: there she goes
(10:58 AM) mirror4: rats
(10:58 AM) rick007_3: man alive look at jEC
(10:58 AM) rick007_3: wow
(10:58 AM) KB321: HAL hod
(10:58 AM) rick007_3: no
(10:58 AM) rick007_3: damn
(11:01 AM) KB321: SNDK PDH 58.05
(11:01 AM) codfather1_1: yes here
(11:01 AM) BarbT1: AMAT hod
(11:01 AM) codfather1_1: yes
(11:01 AM) chicotrader: please
(11:02 AM) codfather1_1: k
(11:02 AM) codfather1_1: stop is in
JerryO3434: SNDK HOD
(11:05 AM) BarbT1: nothing wrong with QCOM either
(11:05 AM) BarbT1: SNDK ?(
(11:05 AM) BarbT1: I sold calls on SNDK last month forAug .. going to finally lose it
(11:05 AM) BarbT1: b/e .. but $200 for the calls
(11:06 AM) BarbT1: bought at 55 and sold the 55 (when stock was at 50) .. moved up the 7 points in a week
(11:07 AM) BarbT1: unreal -- but I have an odd amount - 130 .. so the 30 shares will be a nice profit (bought those at 47)
(11:07 AM) rick007_3: jec maybe gettin ready
(11:08 AM) hunt77: aapl---fighting back
(11:15 AM) cafescuderia: Its the calm before the storm.
(11:15 AM) BarbT1: AMAT hod
(11:17 AM) codfather1_1: SHORT COST THIS LBO RUMOR IS JOKE. HIPPIES WOULD BE VERY UPSET IF LBO ED
(11:19 AM) mirror4: hippies at cost?
(11:19 AM) mirror4: whoa, hoku
JerryO3434: ebay
(11:21 AM) acer1546: ok have a good lunch thks
JerryO3434: going to early lunch
JerryO3434: BE BACK LATER
JerryO3434: CAN EVERYONE PLEASE USE THE MIC
(11:23 AM) MATTnRACHM70: back later all .............. see ya
(11:24 AM) MATTnRACHM70: oh btw klac bounced .80 cents off that post in the room that it was hitting the 20ema on the daily see ya
(11:29 AM) BarbT1: CLNE trying to crawl its way back up
(11:29 AM) BarbT1: AMSC near hod
(11:29 AM) BarbT1: YHOO goes red ... again
(11:51 AM) mirror4: sndk sure is strong
(11:51 AM) mirror4: sndk hod

[Jerry Olson]

Good Morning all

We have class this evening at 7.00 pm for beginners only, just newbie's we need to set up your charts and talk about how to trade. The class will be right in our real time room. If you have someone that's having trouble you can invite them to listen in as well.

The markets did not look good yesterday as the internals are getting weaker and weaker on P&F. While the indexes are still holding up well right now that is not what's happening underneath the street. This particular "look" on the bullish percent charts of the internal indicators are not new to me. While traders and investors are putting money to work at these lofty levels, i have been suggesting taking wealth preservation measures by cleaning out your portfolio's while the Johnny come lately's join the party way too late. There is a clear and present danger of being too complacent at the top. What with the "mounting" evidence of this continuous deterioration in the bullish percents and other important charts we watch and understand. It's not a fast moving process folks, but over time it will create serious monetary damage to your wallet. The very simple answer to this current situation is to sell your holdings, or place hard stop loss orders to protect gains, or buy protective puts, or sell covered calls but certainly do something ASAP. If you just sit there and think ahh this guy is an alarmist think again. It's all up to you, you make the real hard decisions when it affects your money. So do what you will be i am warning you all, your stock broker is not telling you this, he's been trained to keep you in the market for the "long haul". Haul this! It never works unless you're nimble and always rotating high priced winners with low priced losers. Meaning buy low and sell high, you got that? A profit is not worth the paper it;s written on till you sell it! As of this date we are "far" away from the bottom of this total correction. It just gets uglier and uglier as it moves toward the bottom. DON'T SIT!
===================================================================================================================

TASR---16.80 THE BTL---16.26 THE SST---THEY MUDERLIZED THIS NAME BECAUSE THE CEO FAILED TOP SHOW ON CNBC

KLAC---61.60 THE BTL---60.95 THE SST---TXN CAME IN MEDIOCRE COULD HIT THE WHOLE SEMIS SECTOR WATCHING

VSEA---47.30 THE BTL---46.70 THE SST---HELD WELL YESTERDAY AHEAD OF EPS DATE THURS BUT WE'LL SEE TODAY

ESLR---9.35 THE BTL---8.95 THE SST---DID NOT PARTICIPATE IN THE LATE RUN IN THE SOLARS HAS EPS DATE THURS

AKAM---49.00 THE BTL---48.40 THE SST---HAS EPS DATE WEDS AND THE CHART LOOKS VERY GOOD TO ME HELD WELL

LRCX---59.20 THE BTL---58.60 THE SST---DID NOT EVEN BLINK LAST NIGHT HAS EPS TONIGHT THE CHART IS GOOD

NTRI---68.30 THE BTL---67.70 THE SST---HAS EPS EARNINGS THIS EVENING I'M THINKING ABOUT TRYING IT<VBG>

RFMD---6.85 THE BTL---6.40 THE SST---HAS EPS TONIGHT AND ACTUALLY IT'S BEEN DOING BETTER MIGHT POP

HOKU---11.35 THE BTL---10.95 THE SST---HAS EPS TONIGHT BUT WHO KNOWS ABOUT THESE SMALL SOLAR COMPANIES?

AMZN---72.10 THE BTL---71.40 THE SST---EARNINGS THIS EVENING THEY KILLED IT LAST Q, CAN THEY REPEAT AGAIN?
================================================================================================================

WE NEVER HOLD TRADING STOCKS THRU THEIR EARNINGS ANNOUNCEMENTS. SO SELL AHEAD. NEXT 90% OF THE TIME THE STREET "SELLS THE NEWS" NO MATTER HOW GOOD THE REPORT IS! SO BE COOL OUT THERE FOLKS.

FOR THE NEWBIE'S HERE, BTL=-BUY TRIGGER LONG FOR SCALPS, SST=SHORT SALE TRIGGER FOR SCALPS.

SEE YOU IN THE ROOM

LATER

JER & INNA




Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

Good Morning all

Well GOOG missed right, it was by 3 cents, holy cow huh? Let me tell you all that was NO miss! This company is so amazing they grew their top line at a rate of 60%, their profits surged to incredible highs. I would not worry about GOOGLE. Next SNDK came in gigantic, beat big and guided much higher this stock is going to 70-75 very soon. Even MSFT joined the party by coming in line and guided up next Q as well. Look I checked all the charts on P&F early this morning. We are going to new highs again on all the indexes. The lagging area is the RUT 2000 but that chart says we breakout at 860 and it's going to happen soon. The DJIA which had that 3 box reversal of 150 points the other day just reversed back up and looks like an explosive move is coming. The only thing holding this index and the NYSE from going to the moon is the Financial Sector. They are dragging the bullish percent down while the index is making news highs. That is all because of the sub-prime current debacle which at some point will turn back up again like all sectors being down and out in Beverly Hills. Other then a catastrophic event this market is going much higher over time. Short interest at all time highs, the VIX index persistently staying high, the P/C ratio is ridiculously at high levels, meaning that traders are continuing to look for a correction of at least 10% and the markets continue to confound them each and everyday. The turn around time frames on these index charts are showing me dip buyers are still alive and well. It's truly amazing if you ask me. Today is op ex Friday always volatile always interesting. I gave the room 2 options trades yesterday buy the Sept KLIC 12.50's, and buy the Sept JASO 40's. Hold both thru earnings next month. Let's start to have Tues night class at 7.00 pm again the room needs it.
================================================================================================================

QID---41.70 THE BTL---41.10 THE SST---THIS INDEX LOOKS LIKE DEATH AND TAXES THIS IS NO BUY YET IF YOU ASK ME

MSFT---31.10 THE BTL---30.55 THE SST---CAME IN GOOD LAST NIGHT LET'S SEE HOW IT'S GREETED TODAY HUH?

KLIC---12.00 THE BTL--11.50 THE SST---UPSIDE PRE ANNOUNCEMENT DID LITTLE FOR THE STOCK MAYBE TODAY FOLKS

BRCM---35.15 THE BTL---34.55 THE SST---SO SO REPORT BUT THIS SEMIS HAS BEEN LAGGING THE SECTOR DUE TO POP

NVLS---32.60 THE BTL---32.30 THE SST---FOR SOME REASON THE STREET LIKE THEIR EPS REPORT BUT I DIDN'T

MRVL---19.75 THE BTL---19.25 THE SST---THIS LAGGING SEMIS IS DUE FOR MUCH HIGHER NUMBERS SOON WATCHING

SOHU---33.90 THE BTL---33.30 THE SST---VERY STRONG CHINA INET SECTOR INCLUDES SINA AND NTES TOO

CIEN---40.00 THE BTL---39.40 THE SST---SUPER NICE MOVE YESTERDAY LOOKS REALLY GOOD ON THE CHARTS

JASO---39.40 THE BTL---38.80 THE SST---I LIKE THIS NAME JUST OFF HOW THE CHART LOOKS IT'S GOING A LOOT HIGHER

SMH---40.70 THE BTL---40.10 THE SST---WATCH THE 3 AMIGOS AMAT-TXN-INTC FOR THIS ETF TO MOVE UP OR DOWN.
=================================================================================================================

WE TRADED BETTER YESTERDAY KEEP WORKING HARD AND ALWAYS TAKE PROFITS TOO SOON. I KEEP POUNDING THE TABLE ABOUT THIS. NO ONE IS SCALPING FAST ENOUGH, STOP BEING GREEDY.

HAVE A GOOD WEEKEND ALL

JERRY & INNA
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

Good Morning all

I will not be in the room all day today so watch your butts<g> Why should you watch your butts? Ben Bernanke our fearless FED leader is going to talk about the "I" word Inflation AT 1.00 PM TODAY. This is a perfect time for the market to pull back for a few days digesting what he said or didn't say. The market needs a short breather here and it's going to get it. Do not chase today look to short the rallies I think you'll do a lot better then going long. The street is always looking for an excuse to take profits and what could be better then the chairman talking about what everyone is worried about all the time. Well I'll stick my neck out and say he;s not going to be dovish on the surface but he is worried about the continued weakness in the housing market for sure since we have not seen the worst of it yet. In fact folks it's now having some slowing effect here in Philly. If you recall I mentioned it was not too bad here, well it's getting worse. Inventories are abundant and growing and demand has slacked off in recent weeks. I was thinking if the summer buy season is weak what the heck is it going to look like this winter? That scenario will be reflected in the numbers going forward that up to this point Fed Funds Futures are signaling no change right thru early 2008. If the economic numbers begin to weaken the FED will jump in here and cut, but that's a long shot right now. What they will do as they did in their last meeting is signal the markets they are leaning toward cutting rather then hiking. Look it does not matter for daytraders so you can ignore the long term implications for today and tomorrow obviously, but this guy carries large clout around the world and we're diabolically overbought. He's going to "take questions" too, meaning he wants to tell us thru transparency what the FED is thinking about on inflation and what they could do about it too. In short our trading group has to be alert to wild swings in stocks and futures all day long based on his statements. Everyone help out!
==================================================================================================================

TASR---17.50 THE BTL---16.90 THE SST---WOW IS ALL I CAN SAY TRADING SMALL CAPS IS FUN AND PROFITABLE FORGET BIG

CROX---48.50 THE BTL---47.90 THE SST---A BIT OVERBOUGHT HERE BUT WHAT A STOCK FOLKS THE STREET LOVES THIS NAME

HOKU---13.05 THE BTL---12.60 THE SST--- THE WHOLE SOLAR SECTOR WENT NUTS YESTERDAY ON THE FSLR NEWS

JASO---42.95 THE BTL--42.30 THE SST---ANOTHER WILD POP ON THIS STOCK TOO BUT ALL OF THESE COULD GET HIT TODAY

JEC---61.45 THE BTL---60.85 THE SST---WAS MENTIONED IN THE IBD NEW AMERICA ARTICLE BUY THE DIP OR TRADE OPTIONS

SOLF---12.80 THE BTL---12.25 THE SST---YEST ANOTHER SMALL CAP SOLAR PLAY WITH A LOT OF UPSIDE POTENTIAL

SMH---39.65 THE BTL---39.15 THE SST---THE SEMIS HAVE BEEN ON FIRE I THINK THEY'LL PULL BACK TODAY SHORT THEM

INTC---25.25 THE BTL---24.80 THE SST---HIT THE WHOLE ROUND NUMBER AT 25.00 I THINK IT FALLS TODAY FOR PROFITTAKING

JSDA---17.50 THE BTL---16.95 THE SST--HAD ANICE RUN OVER THE LAST WEEK DUE FOR SOME DOWNSIDE TODAY SHORT IT

SINA---45.70 THE BTL---45.15 THE SST---SENSATIONAL RALLY FOR WEEKS ON END, TODAY MAYBE IT GETS WHACKED
===============================================================================================================

I WOULD BE ULTRA CAUTIOUS TODAY, TAKING SHORT SCALPS USING THE VOLATILITY AHEAD OF, AND DURING THE SPEECH, PLEASE POST THE STATEMENTS FORM BRIEFING OR OTHER NEWS FEEDS INTO THE ROOM, AND CALL THE TRADES LIVE ON THE MIC. DO NOT HOLD LOSERS OR WINNERS TOO LONG, WE SAT WAY TOO LONG IN TRADES YESTERDAY. THE AFTERNOON WAS VERY SOLID AS WE WENT 3 FOR 3 AND DID WELL. LOOK FOR THE MARKETS TO BE LOWER AHEAD OF THE FED'S SPEECH.

HANG TOUGH I'LL SEE YOU ALL TOMORROW

JERRY & INNA


Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

Attention all

For all intents and purposes i have decided to open my trading room to all who wish to try to learn how we trade. This will be open right thru the summer months without password...the link below gets you there the rest is up to you.

if nothing else i can help manage your trades, holler at you to get out or get in a trade, and develope a trading plan to make us all some money.

next unless you're a buy and holder of stock, i would recommend using Esignal for quotes and charts, there simply is nothing better live and real time. I have a guy there named Andrew Mui at 1-800-322-1510 he'll give you a free trial and no i don't get a kick back.

try it for 30 days free and then decide if it works for you.

next make a serious decision to drop your old time online brokers unless you swing trade or play options, and come with us about 80 traders from all over the world to our group at Genesis Securites in NYC. Web site below.

They will give you 10-1 leverage intraday and reusable after each trade all day long on your minimum cash deposit of 5000.00, we actually want traders to send in 10K it's better leverage

the platform fees of $200 per month is waived for our group and this Laser platform is just too awesome to describe.

first here's the link to my Paltalk Real time Room

http://www.jogtrader.com/paltalksetup.html


second here's the info you'll need to open an acct with us, while leaving "some" cash in the other acct if you wish. the one thing you absolutely can NOT do is hold stocks over night ever, they will sell you out at 6.00 pm est. The Laser PLatform opens at 6.00 am est and closes at 8.00 pm est. You must be 100% clear before the close.

We as daytraders do not want to hold anyway and this "forces" you to adhere to the rules.

I have the proper papwerwork, with all the down loads you'll need for both Esignal and Laser.

just get up off your ass and get moving toward daylight...OK?
===============================================================

Attention all Laser users and new users

Make sure you have the latest download for Laser here is the link.

if you are a new user download this platform "before" you add the "Layout" link to it below.

http://www.gndt.com/home/software.htm

Next save the Platform to your Desk top so you can get an Icon there to click on each day. It says Trader
===========================================================================

Laser is open from 8.00 am est to 6.pm est., and you MUST close out all positions before the platform closes or they will sell you out. I would make it a habit to be out by 4.00 pm anyway since post market is no good to exit anything really.

Next this is the link for the Laser Jog Layout just follow the instructions and do not have Laser open at the time you do this download..

http://www.jogtrader.com/members/
==============================================================================

Next this is the link for all users to check you account balances each day

http://www.gndt.com/Logon/Logon.aspx

logon using the username and password for Laser.
===============================================================================

Next each day when you are finished trading you should print out all your trades for tax purposes and save them to Excel or whatever you use.

You do that by going up to Tools on the Laser Platform and scroll down to

Create Trade Report click on it and save it, print it etc. do it before you shut down or it will be lost.
==========================================================================================

Next for everyone that has the paperwork I sent you or for those that wish to sign up for Laser please send me an e-mail tonight or tomorrow because on Sunday in the morning I would like to go into our real time room and help you all fill out the forms all at the same time, it takes about 10-15 minutes total.

Please print out all forms in order from the Genesis Package and then from the Jog package only print out pages 12-13-16-17 forget the rest.

You will need a photo copy of an id like a license or whatever so make a copy of that for the package.

You will fax all papers to Anthony & Liz B at 1-212-668-0880

and then Fax to me at 215-947-6101 just the 4 jog pages and the Account Creation form from the Genesis package.

I have to sign that form for you all.
=========================================================================

Ok next download www.skype.com add me a jerry olson to your contact list. We can converse easily using that link


From the time you fax up the paperwork to Genesis it takes 3 days to get you up and running

That's it for this week have a nice weekend all

cell phone # [phone]

e-mail is [e-mail]

warmest regards

Jerry
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

ATTENTION

i just opened the room folks

come on in...

http://www.jogtrader.com/paltalksetup.html

follow the instructions no password is needed...

[Jerry Olson]

it's for scalping

btl=buy trigger long

sst=short sale trigger

come in the room next week no charge we have open house

[kemahjoe]

sorry, but what is BTL & SST? QID---44.15 THE BTL---43.50 THE SST

[Jerry Olson]

attention everyone, as of next week i'm opening the room up for all traders for the balance of July. Please e-mail me to get on my e-mail list for my newsletter and pre market updates during the week. Good Luck

[e-mail]

Good morning all

The 4th of July holiday week has been bullish for years on end, no different this week either. I told you this was going to happen in my last weeks newsletter. In all reality nothing has happened to the charts except we are making contract highs on a lot of indexes. The QID is in free fall for 3-4 months now as we continue to ride the wave of happiness. Ever think that too will change soon? I mean there's absolutely just no bad news now, and even with crude approaching $75.00 bucks a barrel, interest rates still a bit high for the street, not for me folks, and sundry other things that just make people scared to get long. So they missed the boat, the train, the plane altogether and that's just too bad. What has not missed this rally is the funds they are buying like there's no tomorrow. What with the likes of RIMM AAPL GOOG AMZN etc moving to recent highs carrying the ball all by themselves you have to wonder as we head into earnings season next week if the numbers are good then holy smokes right? Well maybe, maybe not. I am always a bit suspicious about news that's just "too good" for too long. Something always triggers a countertrend move because of the excessive euphoria on the street now. So I'm feeling ok right here, more in the neutral to bearish camp at the moment. I want to see what the market looks like after the 4th's action. This is sort of unnatural, this type of action on low volume type rallies, and it remains to be seen if this holds up next week into the end of July. There are some cycle dates coming up late July that could influence the move lower I'm expecting but there will be no carnage for sure. I'd dearly love to see a solid slow pull back to re set the charts. But what I would like I don't always get. The internals on P&F are neutral to down and that has me somewhat concerned so I'm cautious, just scalp trading just enjoying the beginning of some slower trading to slow all of you down too. Folks you do not have to be in "every" trade every minute of the day. There's no way you can make money trading like a maniac. Just count your daily trades it will shock you. Anyway we have the JOBS report at 8.30 looks like consensus is 175,000 it does not matter to me. We'll trade it like we see it as always.
=================================================================================================================

QID---44.15 THE BTL---43.50 THE SST---CONTINUES TO MOVE TO NEW 52 WEEK LOWS EVERY DAY WITH NO LET UP IN SIGHT

JSDA---16.80 THE BTL---16.20 THE SST---WHAT A DAMN MESS THIS TRADE WAS EH? GEE WE HAD IT NAILED EARLY UNREAL

LOCM---13.15 THE BTL---12.65 THE SST---THIS THING CAME OUT OF THE BLUE WATCH FOR PROFIT TAKING TODAY

QCOM---43.75 THE BTL---43.20 THE SST---JUST REVERSED BACK UP ON P&F THE CHART LOOKS VERY NICE RIGHT HERE

NFI---7.90 THE BTL---7.50 THE SST---THIS NAME BOUNCED OFF A 35% SELL OFF OVER THE LAST WEEK OR SO

SINA---45.00 THE BTL---44.45 THE SST---EVERY DAY A NEW 52 WEEK HIGH WHEN WILL IT END? MAYBE TODAY<G>

CROX---43.60 THE BTL---43.00 THE SST---MOVED WELL OF THE RECENT LOWS AS I THOUGHT IT WOULD BOUNCE NICELY

NVEC---39.40 THE BTL---38.80 THE SST---CONTINUES TO SHOW STRENGTH WITH NO VOLUME FUNNY STOCK FOLKS

XMSR---12.65 THE BTL---12.20 THE SST---WOKE UP YESTERDAY MIGHT WAKE DOWN TODAY I DO NOT LIKE RUMORS

NTES---19.30 THE BTL---18.85 THE SST---THE LAST OF THE MOHICANS PLAYING CATCH UP WITH THE REST OF THE GROUP
================================================================================================================

THE JOBS REPORT COMES OUT AT 8.30 THE STREET LOVES TO GUESS THE NUMBER THEN REACT TO IT. FOR ME IT';S A HO HUMMER. KEEP YOU EYES ON THE 10 YEAR YIELD THE TNX I WANT TO SEE IF THEY CAN PUSH IT BACK DOWN BELOW 5%.

I AM OPENING THE ROOM NEXT WEEK FOR THE BALANCE OF JULY ALL ADMINS GET READY<G> ANYONE THAT WISHES TO VOLUNTEER FOR BECOMING AN ADMIN LET ME KNOW IN THE ROOM.

ALL GENESIS USERS THERE A NEW LASER DOWNLOAD AFTER THE CLOSE UNINSTALL THE OLD ONE AND REINSTALL THE NEW ONE.

ALSO PLEASE GET YOUR WIRES UP AND INTO YOUR GENESIS ACCTS ASAP AT LEAST TOWARD THE MINIMUM., THANKS.

LATER

JERRY & INNA




Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

Morning all

I am heading down the shore for the next 5 days, I will not have my computer with me so a quick update for you before I head out for some R & R.

I do not like what I see out there on the candlesticks charts or the P&F charts going forward. IN fact I am no longer bullish. I am warning you all stop chasing upside moves in stocks only buy pull backs during a trend day up, and begin in earnest to watch for buying climaxes during the week. I saw many of those last week and thus the immediate alert to you all. A buying climax is when during the week stocks hit new highs or close to it and then by the end of the week they are at the weeks lows. That means the funds were selling into strength. Next there are 3 negative's for me on P&F since the NYSE---SPX---OTC all are now in O's meaning they reversed back down off major sell signals and should head a lot lower very soon. If you place a line at last weeks lows on "all" the index charts and set alerts right there, once they are breached go short ASAP. One last plea for all of you that have been complacent in your portfolio's, CASH is a great position right now, and so is selling stocks and protecting your assets. Buy some puts, write covered calls, but above all protect yourself please. Now you all know I am not an alarmist by any means, but I am a prudent trader and while I can be as bullish as ever, this is not the time to be rushing into the breach guns blazing into a major negative force right in front of your eyes. On the ES U7 any break of 1492 or the DJIA on a quadruple bottom break of 13,250 you get short in a hurry ok? Over the next 3-4 weeks we could see all the indexes touch the 200 day moving averages and you can look way down there to see those imposing numbers. Do not stand in front of this falling boulder if it does roll off the cliff. While next weeks shortened session might be bullish I would just be cautious and careful trading during the day.

I wish all of you and your families a wonderful safe and restful holiday please take some time off. The room is open for anyone that wishes to trade using the same password-------------------. You of course can invite a friend or trader into the room no problems with that. So everyone I am heading out of the door, I'll talk to you later in the week.

warmest holiday regards

jerry & inna
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

Good Morning all

RIMM blew all the numbers away, guided way up next quarter and announced a 3-1 stock split, wow is all I can say. Today we get the long awaited AAPL IPHONE launch that should be some event folks they're lined up at the AAPL store in NYC for days already. The FED did exactly as I assumed they would do, no change ion rates, but, and I do mean but. They opted to change their statement to tweak it a bit toward neutral. They removed the word "elevated" from the core inflation sentence and that's exactly what I was looking for last meeting. It seems I am one meting behind, or ahead not sure. There was an early morning bomb threat in London so the futures are muted as I write this update, we have a lot of important economic reports all day long to rock and roll the street. Crude has broken thru the $70.00 number heading toward $75.00 could be a partial negative, but remember we have the NYSE & SPX BP's rolling over and down 3 boxes and that's definitely a negative. There were doji's on all index charts yesterday as they actually almost broke out to new highs during the day. While I'm a bit more cautious right here because of P&F we still might test the top one more time. It really doesn't matter for us since we'll be in scalp mode anyway. So for all intents and purposes today into Monday will be a "Tell" for me as to market direction for July as we got past the FOMC and can now focus on earnings season. Over this weekend and into the 4th of July please take time off form trading, stop looking at the screen for a few days, don't even open your trading platforms and spend some quality time with family and friends. I will not be in the room this morning till about 11.30 am. I am taking off Monday into Weds, I'll be back in the room Thurs & Friday of next week, don't know why but I will be there. My newsletter and updates will be there as per usual. It's a good time to reflect on the first half of the years trading. You may need to change how you trade and think. Rest UP!
=================================================================================================================

QID---46.00 THE BTL---45.40 THE SST---STILL IN A DOWN TREND RIGHT NOW JUST SCALP IT USING THE FUTURES

NVDA---42.30 THE BTL---41.65 THE SST---MIGHT NEED A REST AFTER MANY UPGRADES AND A SWEET MOVE HIGHER

CROX---41.55 THE BTL---40.95 THE SST---MIGHT CATCH A BID IF WE ARE HEADING HIGHER TODAY IT'S DEEPLY OVERSOLD

AKAM---49.50 THE BTL---48.90 THE SST---VERY NICE DEVELOPING CHART PATTERN THAT SHOULD KEEP IT STRONG

DELL---28.60 THE BTL---28.15 THE SST---MIKEY IS BACK AND WORKING THE STREET NOW THE STOCK COULD GO HIGHER

SINA---41.85 THE BTL---41.30 THE SST---THE CHINA INETS ARE JUST DOING GREAT SOHU IS DOING GOOD TOO

CIEN---36.65 THE BTL---36.10 THE SST---JUST MARCHING HIGHER AND HIGHER AFTER A GREAT QUARTER LAST TIME

SMH---38.55 THE BTL---38.10 THE SST---THE SEMIS RESTED YESTERDAY BUT MAYBE THEY HEAD BACK UP TODAY

NVEC---34.05 THE BTL---33.55 THE SST---VERY LOW FLOAT BUT MENTIONED A FEW DAYS AGO IN IBD NEW AMERICA

SNCR---29.35 THE BTL---28.80 THE SST---COULD POP EARLY ON THE IPHONE PLAY BUT MIGHT BE A BETTER SHORT
================================================================================================================

SEE YOU ALL LATER IN THE MORNING HERE'S THE ECO REPORTS FOR TODAY

Personal Income May
0.6% 0.6% -0.1%

Jun 29 08:30 Personal Spending May
0.7% 0.7% 0.5%

Jun 29 08:30 Core PCE Inflation May
0.1% 0.2% 0.1%

Jun 29 09:45 Chicago PMI Jun
58.0 58.0 61.7

Jun 29 10:00 Construction Spending May
0.2% 0.2% 0.1%

Jun 29 10:00 Mich Sentiment-Rev.


LATER ALL

JERRY & INNA
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

Good Morning all

The markets are in major chop right now as evidenced by our trading yesterday. While traders did not lose the usual amounts we could see the yo yo effect of total indecision in front of the FOMC meeting today with their statement coming at 2:15 on Thursday. There is a further deterioration of the main bullish percents on P&F as of yesterday. The big boy on the block the NYSE BP is less then 1% away from reversing back down. That in itself should wake you all up to my constant pounding of taking profits "too soon"! Protecting your money at all costs, it's called wealth preservation. The candlesticks charts are not that negative yet, but we could really break down hard of the current levels are broken. I am looking for a rally up into the FED and post FED along with end of quarter window dressing and beginning of the month buying from the funds, I call it EOMBOM phenomenon. Everything from a technical point of view is signaling a nice rally is coming and not too late if you ask me. We have a very high equity P/C ratio nearing 1.00+, we have the McCellens at very oversold levels, we've been moving lower for days on end with double doji's on the daily charts of most indexes. NOW that could scare the whole street folks. We need fear because that's what pops the cork, checking the VIX index I see it's right at the Feb/March lows. In other words everything is adding up for a final push to new highs that I think will fail. It looks like we'll make a lower high roll back down and break some supports for the "real correction" we've needed all along. Nothing goes in either direction for too long. So if we make a lower top, and if the NYSE BP reverses back down we must then and there change form being bulls for 12 months to becoming short term bears shorting all rallies looking ton short stocks and not buy the dips anymore. We'll need to wait for this to unfold, I'll report here to you all as it does unfold so you can change your thought processes form this current thinking and trading patterns to a flip to the other side of the street. All good traders must be able to do this, or fail!
==================================================================================================================

SNCR---26.70 THE BTL---26.20 THE SST---HAS A BIG PIECE OF THE IPHONE LAUNCH THIS WEEK COULD REALLY POP TODAY

SMH---38.00 THE BTL---37.50 THE SST---BEAUTIFUL 3 STICK BULL FLAG PULL BACK COULD POP TODAY AHEAD OF THE FED

ASTI---9.50 THE BTL---9.05 THE SST---ANOTHER SOLAR PLAYER COMING TO THE FORE THIS SECTOR IS NUTS NOW

SOLF---11.25 THE BTL---10.70 THE SST---THIS THING WAS UP OVER 1.00 WHILE WE WERE PLAYING HOKU AND JASO???

ONXX---26.80 THE BTL---26.20 THE SST---HAS BEEN FALLING OFF A CLIFF FOR DAYS ON END DUE FOR A BOUNCE TODAY

SINA---41.20 THE BTL---40.65 THE SST---ACTED VERY NICE YESTERDAY THE CHINA NETS ARE CONSTANTLY IN PLAY NOW

CMED---32.30 THE BTL---31.70 THE SST---GRAVESTONE DOJI YESTERDAY BUT THE WHOLE MARKET HAS THOSE NOW

NVDA---40.75 THE BTL---40.20 THE SST---PULLING BACK FROM THE LATEST SURGE MIGHT NEED ONE MORE DAY OF CORRECTION

NFI---8.30 THE BTL---7.90 THE SST---PULLED ALL THE WAY BACK TO THE 50 HERE SO LET'S SEE IF IT CAN RALLY FOR 1 DAY

TASR---13.50 THE BTL---12.95 THE SST---CORRECTING THE LATEST RALLY IF YOU ARE STILL LONG THE JAN 2008 OPTIONS AND THE NYSE REVERSES BACK DOWN SELL THEM IMMEDIATELY. WE HAVE A 400% PROFIT IN THE TRADE.
=================================================================================================================

EVERYONE STICK TO THE CURRENT GAME PLAN, IF YOU USE 200 SHARES PER TRADE USE IT ALL DAY LONG. USE HARD STOP LOSS ORDERS, GET YOUR HEAD IN TO THIS GAME NOW. IN OTHER WORDS "LEARN HOW TO TRADE" . UP TILL NOW YOU'VE HAD NO CLUE. SO WORK HARD TO GET IT RIGHT, "THEN" UP THE LOT SIZE BUT NOT NOW.

GOOD LUCK TODAY

JERRY & INNA
Jerry Olson
The Jog Group LLC
[e-mail]

[Jerry Olson]

headsup everyone

it seems last night when HD annouced the buy back it got halted, but mny traders had trades ggo off after the hlat

here's an unsolicted e-mail fom a Trader at Gnesis Securities
=================================================================

Read Message
Help


From george coughlin <[e-mail]> Block Sender | Block Domain
Date 2007/06/20 Wed AM 08:51:26 CDT
To Jerry Olson <[e-mail]>
Subject George







or move to Move to folder ... Inbox Drafts Sent Trash





Jerry,

Disregard my last message talked with NYSE and NDAQ and Genesis and the first trade never happened so the is no loss. Trading halt was in force and trade should not of gone off.

So I have no loss.

For your information Genesis was extremely helpful.

You often explain to people that the platform is fantastic etc. You might think about mentioning the service. Back office isnt the best(opening accts etc) But the front end is very good when the moment counts.

I would like to plan a trip to Philly in early July to meet you. Maybe fly in some day and meet for a hour or so and get dinner. Maybe right before the $th when the market is slow.Talk to you about a few things. I get the sense you really enjoy this room and really care about the outcome of the JOG group.

George




--------------------------------------------------------------------------------
Change is good. See what's different about Windows Live Hotmail. Check it out!




or move to Move to folder ... Inbox Drafts Sent Trash

[Jerry Olson]

HERE'S OUR TRADES FOR THE DAY

SO FAR

(7:11 AM) Paltalk: TO ALL ROOM MEMBERS STICK TO THE RULES, ALWAYS USE STOPS, NEVER LET HARD WON PROFITS DIE, AND MOST OF ALL HONOR YOUR WORD AND COMMITMENT TO YOUR PROFESSION. ACT LIKE A PRO AND TRADE LIKE ONE.

(8:16 AM) MATTnRACHM70: NVDA up pm
(8:16 AM) MATTnRACHM70: CREE up pm
(8:17 AM) MATTnRACHM70: CMED up pm
(8:17 AM) MATTnRACHM70: EFUT dn pm
(8:17 AM) MATTnRACHM70: NYX up pm
(8:18 AM) MATTnRACHM70: HANS dn pm
(8:18 AM) MATTnRACHM70: GROW up pm
(8:18 AM) MATTnRACHM70: GLDD up pm
(8:19 AM) MATTnRACHM70: YHOO up pm
(8:19 AM) MATTnRACHM70: AMZN up pm
(8:19 AM) MATTnRACHM70: LUNA flying pm
(8:20 AM) MATTnRACHM70: NTRI has news
Inna678: http://www.investorshub.com/boards/read_msg.asp?message_id=20595805
Inna678: morning report
Inna678: http://www.investorshub.com/boards/read_msg.asp?message_id=20595805
Inna678: mornikng reprt
(8:41 AM) butterflytrader: anyone get today's newsletter?
Inna678: http://www.investorshub.com/boards/read_msg.asp?message_id=20595805
(8:42 AM) butterflytrader: ok
Inna678: morning all
(8:53 AM) azman2: no
(8:53 AM) ferniee2: morn OJ :>
(8:53 AM) MrStock1: y
(8:53 AM) maximus_293: yes
(8:53 AM) ferniee2: good sound
Inna678: http://www.investorshub.com/boards/read_msg.asp?message_id=20595805
(9:00 AM) MATTnRACHM70: HD in grind up
(9:05 AM) MATTnRACHM70: FRPT up pm on news
(9:08 AM) seward: another pop, who would of thunk it?
(9:09 AM) MATTnRACHM70: EFUT pop
(9:14 AM) MATTnRACHM70: ECO oil at 10:30am that's it
(9:15 AM) MATTnRACHM70: MS beat
(9:15 AM) MATTnRACHM70: FDX so so
Inna678: http://www.investorshub.com/boards/read_msg.asp?message_id=20595805
(9:15 AM) day_trader42: ok
(9:17 AM) MATTnRACHM70: FTEK china news
(9:17 AM) MATTnRACHM70: FRPT contract news
(9:19 AM) cashmarket: nfi at 10.20
(9:19 AM) cashmarket: buy trigger
(9:23 AM) MATTnRACHM70: $tnx moving up a bit
(9:24 AM) MATTnRACHM70: oil -.35
(9:24 AM) MATTnRACHM70: 68.75
(9:26 AM) MATTnRACHM70: MAX you still in LUNA
(9:26 AM) MATTnRACHM70: working
(9:26 AM) nastychangeup: great
(9:26 AM) micks7979: y
(9:26 AM) MrStock1: ok
(9:26 AM) ferniee2: OJ good sound
(9:26 AM) MATTnRACHM70: sounds good
(9:26 AM) ben5840: good
(9:26 AM) maximus_293: yes i am mat
(9:26 AM) cafescuderia: gm
(9:27 AM) MATTnRACHM70: k
Inna678: efut
(9:28 AM) gudenuf: GM Y'all
(9:28 AM) seward: futs falling
(9:28 AM) gudenuf: big spread on EFUT
(9:28 AM) gudenuf: yep
(9:28 AM) nastychangeup: haha
(9:28 AM) MATTnRACHM70: MAX not a profit until you book the gains you had 5.60 on LUNA today
(9:29 AM) MATTnRACHM70: what you waiting for
(9:29 AM) PTcruzer-: GM Jerry, everybody
(9:29 AM) nastychangeup: tlt back down to 84
(9:29 AM) nastychangeup: gm jer
(9:30 AM) PTcruzer-: NQ's at the 200 and pivot of 1970 (9:30 AM) djjc2: no update this am
(9:30 AM) PTcruzer-: same with the ES Pivot 1550
(9:30 AM) PTcruzer-: JASO BTL
(9:30 AM) PTcruzer-: NFI at BTL
(9:30 AM) cashmarket: nfi at your btl
(9:32 AM) cashmarket: cnbc bashed aapl about delay this mornign in iphone
(9:32 AM) PTcruzer-: NQ's at S1
(9:32 AM) PTcruzer-: 1968
(9:32 AM) PTcruzer-: HD held the 20
(9:32 AM) MrStock1: SNDK holding well
(9:34 AM) PTcruzer-: NTRI strong
(9:34 AM) MATTnRACHM70: ntri had news
(9:34 AM) MATTnRACHM70: nvda 200ema
(9:34 AM) seward: ER possible hammering
(9:35 AM) nastychangeup: amzn still heading south
(9:36 AM) PTcruzer-: HD broke the 20
(9:37 AM) MATTnRACHM70: 69.30 was the previous low AMZN
(9:37 AM) seward: er dropping now
(9:37 AM) nastychangeup: tasr went neg
(9:38 AM) PTcruzer-: EFUT at a fib 1.618 res, lets see if it pauses a bit
(9:38 AM) MATTnRACHM70: BTU strong
(9:38 AM) cashmarket: 1965.33 pp on 60 min nq
(9:39 AM) PTcruzer-: CIEN took out YH
(9:39 AM) PTcruzer-: TASR at the 200
(9:40 AM) PTcruzer-: JASO continues
(9:40 AM) PTcruzer-: JASO BTL trigger was a beauty
(9:41 AM) PTcruzer-: TASR tweezer at the 200
(9:43 AM) PTcruzer-: CIEN up
Inna678: LONG INTC AT 24.11
(9:43 AM) seward: S ER 858.50
(9:44 AM) PTcruzer-: SNDK at YH
(9:44 AM) cashmarket: good volume nfi
(9:45 AM) PTcruzer-: EFUT pausing
(9:46 AM) seward: covered for 1 pt
(9:47 AM) MATTnRACHM70: ACAD strong
(9:47 AM) PTcruzer-: TASR nice candle pattern
(9:49 AM) PTcruzer-: ES took out S1 1549
(9:49 AM) PTcruzer-: NQ took out S1 1955
(9:49 AM) PTcruzer-: 1967
(9:49 AM) PTcruzer-: almost took it Jerry
(9:50 AM) nastychangeup: intc doesn't move fast
(9:50 AM) nastychangeup: salute
(9:51 AM) seward: ER lod
(9:52 AM) seward: neg tick, selling
(9:52 AM) nastychangeup: oih just went neg
(9:52 AM) seward: futs all lod
(9:52 AM) cashmarket: 1 finger hd
(9:52 AM) seward: tick -500
(9:55 AM) MATTnRACHM70: TZOO
Inna678: LONG EFUT AT 23.00
Inna678: SOLD EFUT AT 25
(9:57 AM) nastychangeup: out .37
(9:57 AM) nastychangeup: yea hah!!
(9:57 AM) nastychangeup: 200 shares
(9:57 AM) Greenback1: i got it Jer
(9:57 AM) Greenback1: nice call
(9:58 AM) gudenuf: Efut =.02
(9:58 AM) gudenuf: entered late
(9:58 AM) nastychangeup: in at .96 sold at .37
(9:59 AM) PTcruzer-: EFUT PT
(9:59 AM) nastychangeup: holy cow batman
(9:59 AM) seward: ES lod
Inna678: SWEET
(9:59 AM) PTcruzer-: wtg guys
(9:59 AM) MATTnRACHM70: yes
(10:00 AM) PTcruzer-: futs LOD
(10:02 AM) cashmarket: hd near hod
(10:02 AM) PTcruzer-: EFUT held the 5eMA
(10:03 AM) bocarat: are you using .10 or .20 stop on INTC?
(10:03 AM) PTcruzer-: PT still intact
(10:03 AM) PTcruzer-: EFUT new HOD
(10:04 AM) cashmarket: hd hod
(10:06 AM) PTcruzer-: the problem with EFUT here is the stop is 1.00 below and that's too much for me
(10:07 AM) PTcruzer-: 23.36 is another stop
(10:07 AM) tinman43: L NFI 10.00
(10:11 AM) nastychangeup: you sold intc
(10:11 AM) bocarat: where did you sell INTC at?
(10:12 AM) seward: L ER 853.50
(10:13 AM) PTcruzer-: yes
(10:13 AM) MATTnRACHM70: okay hear ya
(10:13 AM) nastychangeup: when you sell intc
(10:13 AM) cashmarket: hd new hod
(10:15 AM) MrStock1: hammer 15 min ES
(10:15 AM) nastychangeup: intc needs over 24.10
(10:15 AM) seward: TZOO wow
(10:15 AM) seward: nice
(10:15 AM) bocarat: Jerry are you in or out of INTC?
(10:15 AM) kirke-01: I got out of INTC -.10 when I heard you say you were flat. Where did you sell?
(10:16 AM) nastychangeup: you said you was flat
(10:16 AM) nastychangeup: what a go
(10:16 AM) bocarat: you said you were flat
(10:16 AM) kirke-01: yes you said you were flat a couple of minutes ago
(10:16 AM) bocarat: nope lol
(10:16 AM) bocarat: sorry
(10:16 AM) kirke-01: no problem
(10:16 AM) PTcruzer-: so you guys took your stops, nothing wrong with that
(10:16 AM) nastychangeup:
(10:17 AM) nastychangeup: when you speak people listen
(10:17 AM) nastychangeup: haha
(10:18 AM) bocarat: lol
(10:18 AM) nastychangeup: dah
(10:18 AM) nastychangeup: cash same as money
(10:19 AM) gudenuf: monthly rate now $49.90!! lol
(10:19 AM) PTcruzer-: people listen to stops? since when lol
(10:19 AM) PTcruzer-: give me a break
(10:20 AM) PTcruzer-: TRIN improving
(10:20 AM) seward: tick 540
(10:20 AM) PTcruzer-: long bias in effect
(10:20 AM) nastychangeup: intc looking better
(10:21 AM) PTcruzer-: SNDK reversal pattern
(10:21 AM) nastychangeup: oh yes
(10:21 AM) bocarat: in also
(10:21 AM) gudenuf: on paper L Amzn 70.18
(10:22 AM) gudenuf: sorry...that was an exit from 69.81 +37
(10:24 AM) PTcruzer-: EFUT gave it up below the 23.36 area
(10:24 AM) nastychangeup: look at efut now
(10:24 AM) PTcruzer-: needs to hold the 22.40 area
(10:25 AM) PTcruzer-: same with me Matt, I was in and bailed with a profit
(10:25 AM) seward: selling
(10:26 AM) nastychangeup: intc has 20 50 and 200 to deal with
(10:26 AM) PTcruzer-: if EFUT holds 22.73 it should try HOD again
(10:26 AM) PTcruzer-: or at least 23.50
(10:27 AM) seward: add ER 853, sold for .50
(10:27 AM) seward: tick 700
(10:28 AM) seward: 800
(10:28 AM) PTcruzer-: this may be another early exit day for me
(10:29 AM) seward: ER hammer forming
(10:29 AM) seward: tick 900
(10:30 AM) PTcruzer-: QCOM strong this morning
(10:30 AM) seward: 1000
(10:30 AM) nastychangeup: big build in oil
(10:30 AM) nastychangeup: oih heading down
(10:30 AM) PTcruzer-: SNDK held the lows
(10:30 AM) nastychangeup: and i have puts yea hah!!
(10:31 AM) PTcruzer-: lol
(10:31 AM) PTcruzer-: da bus
(10:31 AM) PTcruzer-: mini bus
(10:31 AM) nastychangeup: yea hah!!
(10:32 AM) PTcruzer-: SNDK at 20eMA target now
(10:32 AM) Dean Wormer: Jer, you have a short term target for NVDA?
(10:33 AM) PTcruzer-: oil stocks pb
(10:33 AM) PTcruzer-: internets strong again today
(10:33 AM) PTcruzer-: AKAM JOYG YHOO AMZN
(10:33 AM) Dean Wormer: NVDA breaks $40
(10:34 AM) PTcruzer-: was just looking at CROX
(10:34 AM) PTcruzer-: and scolding myself
(10:34 AM) PTcruzer-: lol
(10:35 AM) seward: ER stop 55
(10:35 AM) PTcruzer-: my thumbnail CROX chard was messed up
(10:35 AM) PTcruzer-: chart
(10:35 AM) nastychangeup: called oil glut
(10:35 AM) PTcruzer-: I need to get back to setting audio alerts
(10:35 AM) seward: see if 20ema is barrier for futs
(10:35 AM) PTcruzer-: JASO holding here
(10:36 AM) seward: futs trying again
(10:36 AM) seward: tick 600
(10:37 AM) PTcruzer-: ES backside bounce to pivot of 1550
Inna678: long jaso at 30.15
(10:38 AM) Dean Wormer: JASO does that, too much distance btw bid and ask at times
(10:38 AM) nastychangeup: out
(10:38 AM) nastychangeup: great!!
(10:38 AM) PTcruzer-: out too, lol
(10:38 AM) cashmarket: brcm hammer at 20 5 min
(10:38 AM) nastychangeup: yea hah!!
Inna678: sold jaso at 37
(10:38 AM) nastychangeup: same here
(10:39 AM) PTcruzer-: was a beauty
(10:39 AM) seward: ER hammer, pushing against 20ema
(10:39 AM) nastychangeup: yes sir
(10:39 AM) nastychangeup: thanks great call
(10:39 AM) seward: jerry, if you sold any quicker it would predate the buy<g>
(10:39 AM) PTcruzer-: I was in it first and added on the drop
(10:39 AM) kirke-01: got in at 06
(10:40 AM) PTcruzer-: push the buttons
(10:40 AM) PTcruzer-: take your profits kirke
(10:40 AM) kirke-01: bad fill got out at .21
(10:40 AM) nastychangeup: you bet push them buttons
(10:40 AM) PTcruzer-: wtg!
(10:40 AM) PTcruzer-: we like the 45sec trades
(10:40 AM) nastychangeup: pushum real good!!
(10:41 AM) nastychangeup: i hear jerry screaming in my sleep
(10:41 AM) nastychangeup: my wife says i say push the burttons
(10:41 AM) PTcruzer-: look at EFUT held the .73 area and back at first res of 23.50
(10:41 AM) seward: futs may blow up... tick 400
(10:41 AM) nastychangeup:
(10:41 AM) PTcruzer-: TRINQ was 1.2 now .60
(10:41 AM) nastychangeup: come on intc
(10:41 AM) PTcruzer-: very nice
(10:42 AM) ben5840: right here
(10:42 AM) nastychangeup: in
(10:42 AM) bocarat: here
Inna678: anyone still ikn intc
(10:42 AM) ben5840: intc 24.13
(10:42 AM) PTcruzer-: FUTS move up
(10:42 AM) PTcruzer-: res still 1550
(10:43 AM) PTcruzer-: SMH grinding up
(10:43 AM) seward: ER stop to 55.50
(10:43 AM) PTcruzer-: buy programs hit
(10:43 AM) seward: ER stop to 56
Inna678: OLD INTC AT 24
(10:43 AM) PTcruzer-: ES at the 200
(10:43 AM) PTcruzer-: and pivot 1550
(10:43 AM) PTcruzer-: wtg Jerry
(10:44 AM) PTcruzer-: perfect sell
(10:44 AM) bocarat: nice on
(10:44 AM) PTcruzer-: at res
(10:44 AM) bocarat: one
(10:44 AM) bocarat: yep
(10:44 AM) bocarat: ty
(10:44 AM) MATTnRACHM70: lol rmbs hehehe
(10:44 AM) nastychangeup: yes sir .24
(10:44 AM) nastychangeup: fun
Inna678: SOLD INTC AT 24.24
(10:44 AM) seward: stoped ER for 2.5
(10:45 AM) MATTnRACHM70: anyone take NFI
(10:45 AM) PTcruzer-: I'm about thru for the day
(10:45 AM) seward: me too
(10:45 AM) nastychangeup: let me check
(10:45 AM) tinman43: in nfi 10.00
(10:45 AM) nastychangeup: 224.00
(10:45 AM) gudenuf: Coulkd we only have Jerry use the color RED so we can tyrack his messages and trades easier...thanks
(10:45 AM) nastychangeup: love it
(10:46 AM) PTcruzer-: wtg nasty
(10:46 AM) gudenuf: natt has red
(10:46 AM) nastychangeup: color blind
(10:46 AM) teresaboston: yes
(10:46 AM) ferniee2: rofl,,, Inna red :>
(10:46 AM) teresaboston: ok
(10:46 AM) gudenuf: nevermind.....lol
(10:46 AM) PTcruzer-: HD breaking the 20
(10:46 AM) ferniee2: OJ,,,, great trades! or should I say Inna in red?
(10:47 AM) ferniee2: very nice!
(10:47 AM) nastychangeup: hahahah
(10:47 AM) nastychangeup: we love ya jer