Replies to post #4749 on Trading with Jerry Olson

[Jerry Olson]

Here's the room trades this morning we are flat now..

(7:07 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.
(7:49 AM) BarbaraT1: SNDK downgraded at Baird - upgraded at Goldman
(7:49 AM) BarbaraT1: ONXX gapping again
(7:54 AM) BarbaraT1: SanDisk upgraded to Buy from Neutral at Goldman- and added to Conviction Buy List (40.13 ) :
(7:54 AM) BarbaraT1: Baird downgrades SanDisk (SNDK 40.13) to Neutral from Outperform and lowers their tgt to $43 from $55,
(7:54 AM) BarbaraT1: semis downgraded
(7:58 AM) karend1: thks barb for all this info
(7:59 AM) BarbaraT1: yw
(8:05 AM) BarbaraT1: think DCX could be a good short - going to buy short term puts on the open
(8:05 AM) BarbaraT1: SNDK - the downgrades have it
(8:07 AM) BarbaraT1: YHOO - upgraded at Oppenheimer with 38 target
(8:20 AM) BarbaraT1: gappers: ONXX HPQ RIMM SIRI XMSR PEIX CROX EFUT
(8:35 AM) BarbaraT1: ONXX flying
(8:35 AM) BarbaraT1: again
(8:46 AM) mirror4x: siri up 10.27%; xmsr up 19.10%
(8:47 AM) mirror4x: BRCM initiated at overweight by JP Morgan
(8:47 AM) mirror4x: Credit Suisse cuts Semi Equip sector to Mkt Weight
(8:48 AM) mirror4x: SNDK downgraded to neutral at Baird
(8:48 AM) BarbaraT1: and upgraded at Goldman .. but Baird seems to have the floor
(8:48 AM) mirror4x: with all those downgrades, guess that means sox will break out to a new high
(8:49 AM) BarbaraT1: not looking it in the premarket
(8:49 AM) BarbaraT1: ONXX still running
(8:49 AM) BarbaraT1: RMBS disappointing
(8:49 AM) mirror4x: will be interesting to see what happens in the coming days
(8:50 AM) BarbaraT1: heck - be interesting to see what happens today
(8:50 AM) BarbaraT1: HPQ going ahead of earnings .. should run big since I sold calls on it last week
(8:51 AM) BarbaraT1: ES lod
(8:51 AM) mirror4x: next "scheduled" event on rmbs that i know of, 3/5 when Micron is required to turn over incriminating docs to rmbs that up to know have only been in the possession of the DOJ
(8:51 AM) BarbaraT1: futures dropping
(8:52 AM) BarbaraT1: YHOO upgrade going in wrong direction
(8:58 AM) mirror4x: RIG, GlobalSantaFe in pact to settle patent infringement suit
(9:02 AM) BarbaraT1: Goldman upgrades SNDK to Buy from Neutral and added it to their Conviction Buy List
(9:03 AM) BarbaraT1: so does Goldman have clout
(9:05 AM) mirror4x: wouldn't bet against them
(9:06 AM) BarbaraT1: me either . surprised at the sell off after their upgrade
(9:06 AM) BarbaraT1: hope this is a crap and gap kind of day
(9:07 AM) BarbaraT1: so far .. nasdaq looking pukey
(9:07 AM) BarbaraT1: ES and YM at lows
(9:07 AM) BarbaraT1: NQ too
(9:08 AM) mirror4x: did sndk really get down to 38.15 premkt?
(9:09 AM) BarbaraT1: didn't see it .. but was down more than current price
(9:09 AM) BarbaraT1: YHOO upgrade not helping it either
(9:10 AM) BarbaraT1: don't like when upgrades are being sold in the premarket .. usually the other way around and then a sell off
JerryO3434: mornming all
JerryO3434: MORNING
(9:10 AM) Greenback1: 1
(9:10 AM) daytrader_1_1: y
(9:10 AM) stann8: y
(9:11 AM) eam707: Gm Jer
(9:11 AM) JohninNJ_1: damn cold up here
(9:11 AM) Greenback1: how are you
(9:11 AM) Greenback1: same here
(9:11 AM) JohninNJ_1: sheet of ice up here
(9:15 AM) BarbaraT1: MRVL - Amtech says it is near a fundamental bottom
(9:17 AM) BarbaraT1: HD earnings missing expectations has overshadowed better than expected results from WMT.
(9:18 AM) mirror4x: anyone long the futs in the Thai market today? lol
(9:18 AM) mirror4x: EMI has bid from Warner music
(9:20 AM) karend1: has anyone spoken yet?
(9:21 AM) karend1: k hear you
(9:21 AM) karend1: thks
(9:23 AM) mirror4x: sndk crawls back to 39
(9:24 AM) mirror4x: bloodied and bandaged
(9:25 AM) mirror4x: sndk borrows extra gauze and extra blood from rmbs, who always has that on hand
(9:25 AM) karend1: mirror, rofl
(9:26 AM) mirror4x: actually rmbs holding up well, usually after news it tanks, lol
(9:27 AM) mirror4x: now stop that
(9:27 AM) karend1: lol
JerryO3434: onxx
(9:28 AM) mirror4x: maybe if briefing has a slow news day, it'll throw rmbs a bone
(9:31 AM) SUMIN985: gm all
(9:33 AM) mirror4x: nvda hod
JerryO3434: LONG SNDK AT 33
(9:35 AM) mirror4x: qcom hod
(9:35 AM) BarbaraT1: ONXx unreal
JerryO3434: STOPPED SNDK
(9:37 AM) mirror4x: nvda lod
JerryO3434: LONG SNDK AT 11
JerryO3434: SOLD SNDK AT 21
(9:40 AM) mirror4x: rmbs lod
(9:40 AM) BarbaraT1: DCX - did get the fill on the puts
(9:41 AM) BarbaraT1: oops . not yet
JerryO3434: LONG SNDK AT 23
(9:42 AM) grizz_9: l sndk .21
(9:42 AM) dancer1937: L sndk .24
(9:44 AM) grizz_9: l hans .40
(9:46 AM) grizz_9: l rmbs .16
(9:48 AM) grizz_9: out hans .52
(9:49 AM) grizz_9: l hans .40
(9:49 AM) gudenuf: Long YM at 12271
(9:52 AM) gudenuf: took a 10 pt loss on YM at 12761
(9:53 AM) BarbaraT1: NTEs hod
(9:53 AM) grizz_9: out sndk .28
(9:53 AM) gudenuf: Sold YM 12760
(9:54 AM) BarbaraT1: almost went long ES at 55 ... chart looked good.. glad I hesitated
(9:55 AM) BarbaraT1: filled on DCX March 70 put 1.00
JerryO3434: sold sndk at 39.51
(9:56 AM) dancer1937: sndk + .25
(9:56 AM) daytrader_1_1: y
(9:56 AM) flintlock30: yes worth the price of admission
(9:57 AM) gudenuf: Exit Ym at 12753 +7
(9:58 AM) BarbaraT1: nice comeback gudenuf ... can you do me a favor tho and write short instead of "sold" ...I thought you meant you sold your original position at 60 and were correcting your previous statement at 61
(9:58 AM) BarbaraT1: nice entry on the reversal of position
(9:58 AM) BarbaraT1: AAPL going up
(9:58 AM) BarbaraT1: AKAM reversing
(9:58 AM) gudenuf: bot YM 12755
(9:59 AM) BarbaraT1: BEAS hod
(9:59 AM) Sunshine153 4: It's the greed factor...
(9:59 AM) grizz_9: l .67
(9:59 AM) daytrader_1_1: s
(9:59 AM) gudenuf: 10:00AM
(10:00 AM) TraderAli: haha
(10:00 AM) gudenuf: exit YM -4
(10:01 AM) BarbaraT1: DCX heading down
(10:01 AM) gudenuf: on sidelines until breakout
(10:01 AM) BarbaraT1: or breakdown
(10:02 AM) gudenuf: definite;\ly a heartbreak
(10:02 AM) SUMIN985: lg onxx 71
(10:03 AM) stann8: 1452.42 s2 on es
(10:04 AM) gudenuf: sold YM at 12743
(10:05 AM) gudenuf: exit YM 12730 Now At Even for the day
(10:05 AM) SUMIN985: lg sndk 55
JerryO3434: long sndk at 63
JerryO3434: SOLD SNDK AT 84
(10:09 AM) grizz_9: out sndk .82
(10:09 AM) SUMIN985: out 81 in 55
(10:09 AM) SUMIN985: thn ks jerry
(10:09 AM) mirror4x: is it a short?
(10:10 AM) daytrader_1_1: got .17 on sndk thanks
(10:10 AM) dancer1937: sndk +.15
(10:10 AM) daytrader_1_1: in the room
(10:11 AM) BarbaraT1: Goldman upgrade on SNDk finally takeing effect
JerryO3434: OK SUE
(10:14 AM) screenshot: GM ALL
(10:14 AM) grizz_9: l sndk .68
(10:15 AM) BarbaraT1: no
(10:15 AM) grizz_9: out sndk .79
(10:15 AM) BarbaraT1: was going to take it at 55 .. would have had 2 point stop so would be stopped out
(10:15 AM) BarbaraT1: paper traded
(10:16 AM) screenshot: L YM 36 STOP 26
(10:17 AM) BarbaraT1: ONXX back over 28
(10:17 AM) BarbaraT1: semis getting beaten - QID going up with nasdaq down
(10:17 AM) BarbaraT1: DCX .. would have been better shorting than buying puts
(10:17 AM) gudenuf: long YM at 12739
(10:18 AM) screenshot: OUT YM +6
(10:18 AM) SUMIN985: lg sndk 73
(10:18 AM) persistent1: YHOO going
(10:19 AM) tdelia: tthanks
(10:20 AM) lockwasher2: Anyone have problems setting hard stops on laser today, not working for me
(10:21 AM) stann8: amzn>40.64
(10:23 AM) grizz_9: l plcn.556
(10:23 AM) grizz_9: .56
JerryO3434: http://www.jogtrader.com/members/
(10:24 AM) screenshot: L ER 815.30
(10:26 AM) grizz_9: out hans .47
(10:26 AM) gudenuf: Exit Ym 12744 +5Pts
(10:27 AM) lilsqash: oops-- just sold...
(10:27 AM) screenshot: HEHEH
(10:27 AM) emg3emg3: jer u flat
(10:27 AM) screenshot: MOM LACKING
(10:27 AM) screenshot: MOMO
(10:27 AM) emg3emg3: tu
(10:28 AM) screenshot: FOR SCALP I NEED MOMO
(10:28 AM) screenshot: OUT ER +.50
(10:28 AM) screenshot: HAPPY WITH THAT
(10:29 AM) grizz_9: out pcln .67
(10:29 AM) screenshot: L SNDK 39.94
(10:30 AM) BarbaraT1: nice going
(10:30 AM) grizz_9: l sndk .95
(10:30 AM) BarbaraT1: ER running strong
(10:30 AM) BarbaraT1: go SNDK
JerryO3434: stopped into sndk at 40.00
(10:31 AM) BarbaraT1: QCOM trying to reverse
(10:31 AM) BarbaraT1: coffee break
(10:32 AM) stann8: .20 partial on amzn stop to b.e
(10:33 AM) BarbaraT1: DCX - wow
(10:33 AM) grizz_9: l onxx .55
(10:34 AM) screenshot: L RMBS 22.12
(10:35 AM) grizz_9: out onxx .78
(10:37 AM) grizz_9: out rmbs .12
(10:37 AM) grizz_9: -.04
(10:37 AM) gudenuf: YM fi .382 from bottom is 12571
(10:38 AM) gudenuf: fib
(10:42 AM) grizz_9: out sndk .94
(10:42 AM) mirror4x: that purchase on rmbs at $2,283 is screwing up my chart
(10:43 AM) mirror4x: oh, excuse me, $2,238
(10:47 AM) screenshot: OUT RMBS +10
(10:47 AM) JohninNJ_1: rmbs getting friskyh
(10:47 AM) screenshot: PULLING TEETH LOL
(10:47 AM) stann8: down to 25% position on amzn
(10:48 AM) screenshot: OUT SNDK +14
(10:48 AM) screenshot: LIK PULLING TEETH
(10:48 AM) stann8: moved stop on balance of amzn to 40.79
JerryO3434: sold sndk at 40.18
(10:49 AM) screenshot: L ER 818
(10:51 AM) screenshot: WOW THEY'RE KILLING GOLD DOWN 12
(10:52 AM) SUMIN985: sndk lg 95
(10:53 AM) screenshot: OUT ER +.60
(10:54 AM) stann8: go amzn
JerryO3434: nuan
(10:56 AM) BarbaraT1: RFMD reversal
(10:57 AM) BarbaraT1: AMZN hod
(10:58 AM) SUMIN985: grt
(10:58 AM) screenshot: L GRMN 58.02
(11:00 AM) screenshot: OUT GRMN +30
(11:00 AM) screenshot: GRMN CRAZY
(11:01 AM) mirror4x: rmbs needs to get back thru 22.26
(11:01 AM) BarbaraT1: did you call the long at 53? Is that why you asked if I was in .. was on mute earlier
(11:02 AM) BarbaraT1: oh .. ok
(11:02 AM) BarbaraT1: was curious why you thought I was in
(11:02 AM) BarbaraT1: RFMD going
(11:02 AM) BarbaraT1: QCOM still trying to reverse
(11:02 AM) screenshot: L SNDK 40.04
(11:03 AM) BarbaraT1: actually I did have alert set below 55 on ES - papertrading the recommendation I saw overnight .. but didn't take it. Chicken
(11:03 AM) BarbaraT1: SOHU going up now
(11:03 AM) BarbaraT1: NTES strong today
(11:04 AM) BarbaraT1: are you in ES jerry?
(11:04 AM) BarbaraT1: k
JerryO3434: hans
(11:05 AM) BarbaraT1: HANS - has it finally got options?
(11:05 AM) BarbaraT1: no options
(11:05 AM) BarbaraT1: just checked
(11:06 AM) BarbaraT1: QCOM coming around now
(11:06 AM) BarbaraT1: VLCCF going up .. think ex dividend today or tomorrow
(11:06 AM) BarbaraT1: SOHU hod
JerryO3434: yes
(11:07 AM) mirror4x: really
(11:08 AM) BarbaraT1: yeah - really
(11:08 AM) BarbaraT1: ok
(11:08 AM) BarbaraT1: next person who takes my color will have to answer to jerry !!!!!!!!
(11:08 AM) BarbaraT1: and sue
(11:08 AM) gudenuf: YM's retraced 50%
(11:08 AM) BarbaraT1: BIDU hod
(11:08 AM) BarbaraT1: SOHU hod
(11:09 AM) BarbaraT1: QCOM trying to reverse but slow
(11:09 AM) SUMIN985: good
JerryO3434: HOW ABOUT THIS
(11:10 AM) BarbaraT1: trying to find it
(11:10 AM) BarbaraT1: thanks
(11:11 AM) SUMIN985: out sndk 08
(11:11 AM) BarbaraT1: OK
(11:11 AM) gudenuf: sell Ym 12757
(11:11 AM) djjc1: thanks
(11:11 AM) djjc1: appreciate u
JerryO3434: CRUDE
(11:14 AM) majdog: l
(11:15 AM) screenshot: COME ON SNDK BABY
JerryO3434: ES MOVE STOPS TO 56
JerryO3434: LOCK 3
(11:17 AM) stann8: klac>51
(11:17 AM) screenshot: L YM 72
(11:17 AM) emg3emg3: sndk
(11:17 AM) BarbaraT1: ONXX BACK THRU 29
(11:17 AM) BarbaraT1: QCOM REVERSAL
(11:17 AM) BarbaraT1: GREEN
JerryO3434: RFMD BUY TRIGGER
(11:18 AM) BarbaraT1: VLCCF NEW HDO
(11:18 AM) BarbaraT1: HOD
(11:18 AM) BarbaraT1: BIDU MAKING NEW HIGHS
(11:18 AM) screenshot: L ER 21.50
(11:18 AM) screenshot: SNDK BABYYYYYYYYY
(11:19 AM) BarbaraT1: NVDA TRYING FOR 33
(11:19 AM) BarbaraT1: NVDA AT 33
JerryO3434: STOPS TO 1457 ES LOCK 4
(11:19 AM) BarbaraT1: MAMA STARTING TO GO
(11:19 AM) BarbaraT1: BEAS TRYING FOR NEW HOD
(11:19 AM) stann8: moved my stop on amzn to 40.87
(11:20 AM) screenshot: OUT YM PARTIAL +10
(11:20 AM) BarbaraT1: KLAC GREEN
JerryO3434: SELL THE ES NOW FOR 5+ POINTS
(11:20 AM) BarbaraT1: SOHU NEW HDO
(11:20 AM) BarbaraT1: HOD
(11:20 AM) BarbaraT1: SINA TRYING TO REVERSE
(11:20 AM) BarbaraT1: BIDU HOD
(11:21 AM) stann8: moved stop on amzn again up to 40.99
(11:21 AM) screenshot: OUT SNDK +10
(11:21 AM) BarbaraT1: SNDK TRYING FOR GREEN
JerryO3434: ES SHOULD HAVE BENE SOLD AT 1458.25 FOR 5 PLUS POINTS
(11:21 AM) BarbaraT1: QCOM GOING TO HOD
(11:22 AM) BarbaraT1: BEAS HOD
(11:23 AM) stann8: ty
(11:23 AM) screenshot: OUT ER +.50
(11:23 AM) gudenuf: Is it too early for a Cosmos?
(11:23 AM) BarbaraT1: QCOM NEWHOD
(11:23 AM) screenshot: OUT BAL YM +5
(11:24 AM) daytrader_1_1: are the computer stop working yet
(11:24 AM) screenshot: JERRY GET A REMOTE BUTTON AND SHUT THEIR COMPUTERS DOWN
(11:24 AM) mirror4x: shorts have to be cursing themselves at this point
(11:24 AM) screenshot: HEHEHEHE
(11:25 AM) screenshot: DO IT BABY
JerryO3434: I AM FLAT
(11:25 AM) gudenuf: sold YM 12777
(11:27 AM) dancer1937: flat 5+ trades
(11:27 AM) SUMIN985: lg yhoo 93
(11:28 AM) grizz_9: l sndk ,25
(11:28 AM) BarbaraT1: GOLDMAN UPGRADE ON SNDK AND ADDED TO THEIR CONVICTION BUY LIST
(11:28 AM) screenshot: L SNDK 25
(11:28 AM) BarbaraT1: QCOM NEW HOD
(11:28 AM) SUMIN985: lg sndk 26
(11:29 AM) grizz_9: l yhoo .92
(11:29 AM) BarbaraT1: SOHU NEW HOD
(11:29 AM) BarbaraT1: BIDU HOD
(11:29 AM) mirror4x: rmbs... 3 new patents
(11:30 AM) mirror4x: grrr
JerryO3434: SNDK HOF
(11:30 AM) mirror4x: link to long to post here
JerryO3434: SNDK HOD
JerryO3434: SNDK HOD
JerryO3434: SNDK HOD
(11:30 AM) grizz_9: l rmbs .30
(11:30 AM) screenshot: BOT RMBS MAY 22.50 CALLS
JerryO3434: SNDK HOD
(11:30 AM) mirror4x: 1 7,180,959 Technique for utilizing spare bandwidth resulting from the use of a code in a multi-level signaling system
(11:30 AM) mirror4x: 2 7,180,958 Technique for utilizing spare bandwidth resulting from the use of a transition-limiting code in a multi-level signaling system
(11:31 AM) mirror4x: 3 7,180,957 Technique for utilizing spare bandwidth resulting from the use of a transition-limiting code in a multi-level signaling system
(11:31 AM) mirror4x: can't post link, it's too long for paltalk
(11:31 AM) SUMIN985: y
(11:31 AM) stann8: .80 on amzn
(11:32 AM) SUMIN985: grtstan
(11:32 AM) BarbaraT1: AAPL HOD
(11:32 AM) screenshot: L ER 824.40
(11:32 AM) BarbaraT1: QCOM RUNNING
(11:32 AM) BarbaraT1: NVDA TRYING FOR NEW HOD
(11:32 AM) BarbaraT1: COHU - BIG REVERSAL
(11:32 AM) stann8: took small partial on klac and keeping balance tight
(11:33 AM) SUMIN985: out yhoo 98
(11:33 AM) BarbaraT1: HPQ REVERSAL UP
(11:34 AM) BarbaraT1: PALM TRYING TO REVERSE UP
(11:34 AM) stann8: stop on amzn 41.24
(11:34 AM) BarbaraT1: RIMM RUNNING
(11:34 AM) grizz_9: out yhoo ..99
(11:34 AM) stann8: cut klac off not taking part
(11:35 AM) BarbaraT1: RIG TRYING TO REVERSE
(11:35 AM) BarbaraT1: NVDA HOD
(11:35 AM) screenshot: OUT ER +.50
(11:35 AM) BarbaraT1: COHU TRYING TO GO GREEN
(11:36 AM) mirror4x: there was a 225k buy, it appears, at .25 earlier today re rmbs
(11:36 AM) screenshot: WHO STOLE THE KISKA, WHO STOLE THE KISKA
(11:36 AM) screenshot: PLEASE DONT GIVE IT BACK
(11:37 AM) stann8: up a buck on amzn
(11:37 AM) BarbaraT1: CROX TRYING TO REVERSE
(11:38 AM) BarbaraT1: YHOO WAS UPGRADED EARLIER
(11:38 AM) stann8: amzn stop 41.45,gotta get taken out pretty soon
JerryO3434: comp over 2520
(11:41 AM) BarbaraT1: YHOO HOD
(11:42 AM) grizz_9: out rmbs .31
(11:43 AM) gudenuf: Short YM 12793
(11:44 AM) BarbaraT1: NTES HOD