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Re: Jerry Olson post# 4756

Monday, 03/05/2007 1:55:39 PM

Monday, March 05, 2007 1:55:39 PM

Post# of 4893
HERE'S THE MORNING TRADES LIVE IN THE ROOM...

(6:50 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.
(7:15 AM) tahoe_14: received some emails last night...DOW futs were down 89....Nikkei down 480
(7:17 AM) tahoe_14: QQQQ close to 50 dma at current level of 42
(7:18 AM) tahoe_14: gold loses 640 support....638
(8:30 AM) tahoe_14: ICE melting thru 50 dma in pm...this puppy could end up near 120 in a couple of days...now 134.34
(8:44 AM) gtrader2006: googmorning all
(8:52 AM) mirror4x: could someone be so kind and give me a "mike" check?
(8:53 AM) mirror4x: great, thanks
(8:53 AM) mirror4x: may you have many great grandchildren
(9:01 AM) daytrader_1_1: jerry what you think of rmbs
(9:05 AM) mirror4x: should have bought it at 18.80 earlier this am
(9:06 AM) tahoe_14: gm Jerry
JerryO3434: testing
(9:06 AM) mirror4x: gawd, and he's even in a good mood
(9:06 AM) gudenuf: GM...you scared the heck outa us!
(9:07 AM) gudenuf: You came on strong when I was sleeping at the keyboard
(9:07 AM) gudenuf: lol
(9:08 AM) gudenuf: YMs up nicely this AM
(9:09 AM) tahoe_14: good
(9:09 AM) nastychangeup: ggod morning newbie to the board where are the trading rules and what do you normally trade?
(9:09 AM) mirror4x: the first rule is you send every other person here $100 lol
(9:10 AM) nastychangeup: yes
(9:10 AM) tahoe_14: anyone have a quote on NYX?...cannot bring it up...not sure why...
(9:11 AM) tahoe_14: thanks
(9:11 AM) tahoe_14: QQQQ holding 42 seems significant
(9:12 AM) ferniee2: 81.20 40 Tahoe
(9:12 AM) ferniee2: .15 .30
(9:13 AM) ferniee2: lol,,, we head out today !
(9:13 AM) ferniee2: pardon?
JerryO3434: LAPTOP
(9:13 AM) ferniee2: yes,,, going to take it,,, may see you!
JerryO3434: OK
JerryO3434: LOL
(9:14 AM) ferniee2: jeesh,,, wasn't going to,,, but this dang market !
(9:14 AM) ferniee2: I need to leave when you do!
(9:14 AM) ferniee2: lol
(9:15 AM) ferniee2: tahoe,,, .25 .35
(9:16 AM) stann8: did you see the trin the one day you were gone jerry
(9:16 AM) stann8: never seen it that high
(9:16 AM) stann8: 17
(9:16 AM) stann8: yep
(9:17 AM) ferniee2: .20 .25
(9:20 AM) nastychangeup: jerry you look at put/call ratio?
(9:21 AM) nastychangeup: i see
(9:21 AM) tahoe_14: if ICE holds 135.55...it could take a nice bounce to 138 level ( see 2/1-2/2 gap)
(9:21 AM) lockwasher2: GM, Jerry, welcome back
(9:21 AM) mirror4x: what news?
(9:22 AM) lockwasher2: I am ready
(9:22 AM) MrStock1: Rambus Delays Annual Report, Citing Options Review >RMBS
JerryO3434: RMBS Rambus: Several near-term catalysts; believe stock price not reflective of likely outcomes; tgt to $34 - AmTech (19.62
(9:23 AM) tahoe_14: if 135.55 does not hold on ICE, could go south to 132 level
(9:26 AM) tahoe_14: XTO....loss of 49 level could take it to 48-48.10
(9:26 AM) mirror4x: btw, that news that came out on RMBS on Friday was OLD news
(9:27 AM) mirror4x: NO
(9:27 AM) mirror4x: NO
(9:27 AM) mirror4x: there was news on Friday that RMBS was delaying its filing of its annual report, that the option mess was to be around $200 million non cash pre tax
(9:27 AM) mirror4x: that has come out before
(9:28 AM) mirror4x: yes
(9:29 AM) tahoe_14: X....loss of 85.50 support could lead to 83.70 level
(9:29 AM) tahoe_14: commodities under more pressure than general markets
(9:30 AM) gudenuf: Market is now open. We're off and running...
(9:31 AM) gudenuf: YMs (mini DOW) dropping at open
(9:31 AM) tahoe_14: X making a run to the crapper..
(9:32 AM) gudenuf: YMs now heading up
(9:35 AM) tahoe_14: covered X 84.22
JerryO3434: long sndk at 15
(9:36 AM) nastychangeup: 15?
JerryO3434: sold sndk at 29
(9:37 AM) tahoe_14: long VSEA 46
(9:38 AM) gudenuf: YMs hitting resistance at 12100
JerryO3434: croxc
(9:40 AM) gudenuf: 12100 on YMs being retested
(9:41 AM) gudenuf: YMs coming down
(9:41 AM) tahoe_14: out VSEA for .20 gain
JerryO3434: klac
JerryO3434: KLAC NEWS??
(9:42 AM) gudenuf: It seems that each 100 mark meets resistance at first on YMs
(9:43 AM) tahoe_14: could go to 51.68 if it clears 51.20....KLAC
JerryO3434: LONG KLAC AT 09
(9:44 AM) tahoe_14: nice timing Jerry
JerryO3434: SOLD KLAC AT 21
(9:46 AM) gudenuf: YMs dropping
(9:47 AM) gudenuf: retest of 12102 failed
(9:48 AM) tahoe_14: ICE goes to 138 gap resistance and loses it...
(9:48 AM) tahoe_14: ICE near 2nd pivot...still looks south
(9:49 AM) tahoe_14: covered 1/2 ICE at 136
(9:50 AM) gudenuf: SNDK trying to move up
JerryO3434: LONG AAPL AT 75
(9:51 AM) gudenuf: Nice volatility today im Futs
(9:52 AM) SUMIN985: goodmorning
(9:52 AM) tahoe_14: covering rest of ICE 136.12
(9:52 AM) gudenuf: YMs hod
JerryO3434: SOLD AAPL AT 88
(9:53 AM) gudenuf: SNDK moving up
(9:54 AM) tahoe_14: out part VSEA 46.56
JerryO3434: LONG KLAC AT 27
(9:54 AM) SUMIN985: lg aapl 14
(9:54 AM) tahoe_14: VSEA target 47
JerryO3434: SOLD KLAC AT 41
(9:54 AM) gudenuf: Did SNDK just drop .60 ?
(9:55 AM) gudenuf: I show 38.80 then a drop to 38.29...???
(9:56 AM) gudenuf: Refresh corrected situation...thanks
(9:56 AM) tahoe_14: VSEA stop placed at 46.21 to protect gains...
(9:57 AM) devpsych: In AAPL 87.05
(9:57 AM) tahoe_14: ICE over 138 resistance...making a run for the roses
(9:58 AM) Lambsblood: AMD warned today and they aren't getting punished that much. SOX up right now.
JerryO3434: HANS
(9:58 AM) tahoe_14: VSEA stop moved up to 46.39...still looking for 47 to sell
(9:59 AM) devpsych: Out AAPL 87.18
(9:59 AM) tahoe_14: VSEA sto removed...sell order in place
(9:59 AM) SUMIN985: out aapl 33
(10:00 AM) MrStock1: *FEB ISM NON-MANUFACTURING: 54.3 V 57.0E
(10:00 AM) tahoe_14: selling VSEA 46.75
(10:01 AM) tahoe_14: volume just died...
(10:03 AM) gudenuf: Ym small bounce near 12100
(10:03 AM) tahoe_14: HUI loses 330 support....gold sells down to 635 level
(10:04 AM) tahoe_14: oil 60.65...down .99....this quote delayed abit..
(10:06 AM) tahoe_14: we have just had a pop into resistance lows from 3/1 on indexes....now comes the waffling...
(10:06 AM) gudenuf: slowing down now...traders getting their breath
(10:06 AM) SUMIN985: lg aapl .74
(10:08 AM) grizz_9: l sndk .28
(10:08 AM) grizz_9: out .39
(10:08 AM) SUMIN985: out 87
(10:09 AM) SUMIN985: lg aaol 11
(10:09 AM) gudenuf: grizz...wtg
JerryO3434: LONG KLAC AT 60
(10:10 AM) gudenuf: Yms moving up
(10:10 AM) grizz_9: l sndk .43
(10:11 AM) mirror4x: SOX hod
(10:11 AM) gudenuf: YMs new hod
(10:11 AM) grizz_9: out .50
(10:11 AM) nastychangeup: in Q's at 13
JerryO3434: SOLD KLAC AT 76
(10:12 AM) SUMIN985: out aapl 47
(10:12 AM) lockwasher2: .59 to .75 KLAC $$$$
(10:12 AM) lockwasher2: Yep
(10:13 AM) grizz_9: l erts .44
(10:13 AM) SUMIN985: lg aapl 50
(10:14 AM) grizz_9: l aapl .55
(10:15 AM) gudenuf: Yms backing away from 100 mark again...12200
(10:17 AM) gudenuf: Yms now down 30 pts from hod
(10:18 AM) grizz_9: flat
(10:19 AM) gudenuf: a lot of that exhuberance going around
(10:20 AM) tahoe_14: if you were a swing trader Jerry.....would you buy at close if hammers hold up??
(10:20 AM) gudenuf: I thought it was a Bat Mitzvah
(10:20 AM) Paltalk: SUMIN985 reddotted by: JerryO3434
(10:20 AM) Paltalk: SUMIN985 unreddotted by: JerryO3434
(10:21 AM) SUMIN985: they do
(10:21 AM) grizz_9: l qid .63
(10:22 AM) grizz_9: out .71
(10:22 AM) tahoe_14: PCU lloking strong off the bottom
(10:22 AM) grizz_9: l qid .74
(10:22 AM) lockwasher2: Thanks
(10:23 AM) lockwasher2: AAPL, KLAC
(10:25 AM) grizz_9: out .84
(10:28 AM) grizz_9: l qid .73 out .87
(10:29 AM) gudenuf: YMs holding at Fib .618
(10:30 AM) gudenuf: YMs up
(10:30 AM) grizz_9: l sndk .25
JerryO3434: long klac at 85
(10:33 AM) grizz_9: l klac .87
(10:35 AM) grizz_9: l qid .97
(10:36 AM) grizz_9: out .07
(10:36 AM) gudenuf: grizz...ru still long SNDK?
(10:37 AM) gudenuf: it does move...
(10:37 AM) SUMIN985: lg klac 75
(10:38 AM) gudenuf: YMs may bounce again at 100 mark...12100...let's see...
(10:40 AM) gudenuf: YMs making a slow turn up
(10:41 AM) gudenuf: YMs making a move up
(10:41 AM) grizz_9: l sndk .03
(10:41 AM) gudenuf: SNDK up with Futs
(10:42 AM) gudenuf: Jerry...nice call
(10:42 AM) grizz_9: out sndk .15
(10:43 AM) gudenuf: YMs up 40 points from recent low
JerryO3434: THANKS LEO
(10:43 AM) gudenuf: Paper trading today...I played "Whack-a-mole" last week and need to refund account...go figure...
(10:44 AM) gudenuf: I get happy fingers...
(10:44 AM) gudenuf: lol
(10:45 AM) gudenuf: YMs in indecision now
(10:45 AM) grizz_9: out klac .76
(10:45 AM) gudenuf: screwing up...
JerryO3434: STOPPED KLAC FOR 20
(10:46 AM) grizz_9: l aapl .76
(10:47 AM) gudenuf: today I'm 7 for 8 on trades...due to relaxed trading
(10:47 AM) lockwasher2: AAPL looks good
(10:47 AM) grizz_9: out aapl .92
(10:47 AM) grizz_9: l aapl .83
(10:48 AM) gudenuf: wtg grizz
(10:48 AM) lockwasher2: 20 holding AAPL
(10:48 AM) MrStock1: no volume
(10:48 AM) grizz_9: .90
(10:48 AM) grizz_9: srry missed
(10:49 AM) gudenuf: Taking a break now...Jerry, great calls today!
(10:49 AM) lockwasher2: L AAPL .72
(10:50 AM) lockwasher2: Sold AAPL at .82
(10:50 AM) grizz_9: srry missed .90 .88
(10:51 AM) JohninNJ_1: rmbs dropping
(10:52 AM) SUMIN985: out klac 55
(10:52 AM) SUMIN985: -.20
JerryO3434: crox
(11:01 AM) SUMIN985: y
(11:06 AM) ferniee2: with Paulson in Japan today,,, then Korea,,,, and on to China over the next 4 days
(11:07 AM) lockwasher2: That is it for me today, got to go, everyone have a good day
(11:08 AM) gtrader2006: ok jerry i am gone for today...thanks
JerryO3434: LONG AAPL AT 20
(11:08 AM) grizz_9: l aapl .22
(11:08 AM) nastychangeup: shorts are going to cover here
(11:08 AM) SUMIN985: aapl 17
(11:09 AM) gtrader2006: you bet my morning great ...man this is a wonderful life jerry ..and i just love your room and news letters ...thanks agin my friend ...
(11:09 AM) grizz_9: out .32
(11:10 AM) gtrader2006: futs great
(11:10 AM) gtrader2006: crossed the 20 on the 15 min
(11:10 AM) gtrader2006: looks good
(11:12 AM) grizz_9: l qid .58
JerryO3434: 30 CENT STOPS AAPL
(11:14 AM) nastychangeup: XAU all the way back hmmm
(11:15 AM) tahoe_14: gold pops back up over 640 in bullish reversal
(11:16 AM) grizz_9: out qid .69
(11:17 AM) SUMIN985: bk in 87
(11:18 AM) tahoe_14: NYX looks like a long here over 82
(11:20 AM) tahoe_14: NYX has moved up over my 2 day downtrend line....first target 82.50 level
(11:21 AM) tahoe_14: keep a tight stop on NYX...it has lagged market today..
JerryO3434: SOLD AAPL AT BREAKEVEN
(11:22 AM) SUMIN985: sld aapl plus 20
(11:23 AM) nastychangeup: yessir
JerryO3434: jerryo34@verizon.net
JerryO3434: www.skype.com
JerryO3434: jerry olson
JerryO3434: right click and add me as apal
JerryO3434: PLEASE USE THE MIC
JerryO3434: AMAT
(11:35 AM) SUMIN985: lg appl 89
(11:52 AM) SUMIN985: out dwn .20
(11:54 AM) grizz_9: l qid .85
(11:54 AM) grizz_9: out .95
(11:55 AM) grizz_9: l qid .00
(11:56 AM) grizz_9: out .09
(11:56 AM) SUMIN985: appl falling hard
(11:58 AM) hunt77: long the QID
(12:00 PM) grizz_9: ss qid .23
(12:04 PM) SUMIN985: lg appl 42
(12:06 PM) SUMIN985: thkx grizz
(12:06 PM) grizz_9: np
(12:07 PM) grizz_9: l aapl .51
(12:08 PM) grizz_9: out aapl .59
(12:09 PM) grizz_9: cvr qid .13
(12:10 PM) SUMIN985: out 63
(12:10 PM) bocarat: vn Sue
(12:12 PM) SUMIN985: thx
(12:18 PM) SUMIN985: lg appl 29
(12:21 PM) grizz_9: l aapl .19
(12:23 PM) SUMIN985: good # grizz
(12:23 PM) grizz_9: out aapl .33
(12:25 PM) SUMIN985: out 26
(12:26 PM) SUMIN985: down .03
(12:30 PM) SUMIN985: lg apl 17
(12:31 PM) SUMIN985: out 32
(12:33 PM) SUMIN985: lg apple 17
(12:35 PM) grizz_9: l aapl .14
(12:36 PM) grizz_9: out .25
(12:37 PM) SUMIN985: out 27
(12:43 PM) daytrader_1_1: y
(12:44 PM) SUMIN985: k
(12:44 PM) nastychangeup: everybody is walking the dog or eating sandwhiches
(12:44 PM) SUMIN985: lg appl 38
(12:47 PM) SUMIN985: dumb me
(12:47 PM) SUMIN985: had my #
(12:47 PM) beachnick: nice entry tho
(12:49 PM) SUMIN985: twice and did not take it
(12:58 PM) SUMIN985: out 08
(1:03 PM) SUMIN985: made it bk
(1:03 PM) nastychangeup: let's see if we rally
(1:39 PM) tahoe_14: homebuilders all look awful...many are near support and look lower...check out TOL/pivot 28.50.....BZH/pivot 36.75.....CTX/pivot 45....etc..
(1:46 PM) tahoe_14: worst performers percentage-wise : BHS,MTH,BZH,CHCI
(1:47 PM) tahoe_14: gold fails at 640 resistance...now 637.60
(1:48 PM) Nastrader_1: LEND still falling from a brk dwn of 17.40
(1:51 PM) devpsych: Jerry, Target on AAPL?
(1:52 PM) devpsych: Sounds good to me
(1:52 PM) stann8: futs volume has been amazing jerry since last week....3 to 4 times more than normal
(1:53 PM) stann8: amgn >62.40
JerryO3434: LET'S NOT GIVE BACK WHJAT WE MADE THIS AM
JerryO3434: TOO GOOD IN THIS TYPE OF MARKET
JerryO3434: WAIT FOR SOLID SET UPS...

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