Replies to post #4754 on Trading with Jerry Olson

[Jerry Olson]

HERE ARE THE TRADES SO FAR TODAY

(6:34 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.
(8:27 AM) PTcruzer-: SNDK another downgrade
(8:29 AM) grizz_9: has not been easy with sndk lately
(8:30 AM) PTcruzer-: right
(8:41 AM) mirror4x: fwiw, rmbs filed a motion this am for a stay of the ftc decision, pending appeal
(8:42 AM) mirror4x: http://www.ftc.gov/os/adjpro/d9302/070216rammostayordpendappeal.pdf
(8:46 AM) SUMIN985: good morning all
(8:46 AM) karend1: gm sue
(8:46 AM) SUMIN985: hi k
(8:47 AM) PTcruzer-: GM Sue, all
(8:47 AM) SUMIN985: gm pt how u doing
(8:47 AM) SUMIN985: nice to get a good morning back from old friends
(8:48 AM) PTcruzer-: good Sue, brb have to run my daughter to school
(8:48 AM) mirror4x: sniff, sniff
(8:48 AM) SUMIN985: lucky u that u hav a little one at home
(8:50 AM) mirror4x: Toll Brothers 1Q falls 67%
(9:00 AM) mirror4x: did Cramer do a piece on the semi's today?
(9:01 AM) mirror4x: Safeway (SWY) net up 77%
(9:02 AM) hivuroch1: gm all
(9:02 AM) mirror4x: 4q rev 12.5B v. 12.05B
(9:04 AM) mirror4x: SNDK cut to hold from buy at WR Hambrecht
JerryO3434: moring all
JerryO3434: MIC CHECK
(9:05 AM) stann8: good morning
(9:05 AM) mirror4x: they're all asleep
(9:05 AM) djjc1: good morning
(9:05 AM) gboot: y
(9:05 AM) persistent1: Morning Jerry!!
(9:05 AM) stann8: nq above r1
(9:05 AM) mirror4x: did cramer come out today re the semi's?
(9:06 AM) mirror4x: i read that on a site
(9:06 AM) mirror4x: this am
JerryO3434: TASR
(9:07 AM) mirror4x: deja vue
(9:07 AM) mirror4x: time warp
(9:07 AM) mirror4x: memories... [hearing music]
JerryO3434: WFMI
(9:08 AM) mirror4x: rmbs filed motion for stay re ftc decision; its motion for reconsideration should be hitting any time
(9:11 AM) JohninNJ_1: sndk down nearly a buck
(9:11 AM) mirror4x: Hambrecht downgraded them
(9:12 AM) mirror4x: could it be sndk is hated worse than rmbs?
(9:12 AM) mirror4x: lol
(9:13 AM) mirror4x: speaking of which...rmbs nice gap
(9:16 AM) mirror4x: google has msft in its gun scope
JerryO3434: MRVL
JerryO3434: 21 TRIPLE TOP 22 LARGE B/O
(9:18 AM) persistent1: YHOO in hot stk alert
(9:19 AM) beachnick: Jerry...new mic? You sound like an MSNBC talking head!
(9:19 AM) mirror4x: you definitely sound different
(9:19 AM) mirror4x: yes
(9:19 AM) beachnick: Must be something to do w/pal talk
(9:19 AM) persistent1: You sound really rested and ready to ROLL!!
(9:19 AM) daytrader_1_1: voice not breaking up
(9:19 AM) PTcruzer-: an alian cloned Jerry!!
(9:20 AM) mirror4x: Sue... you sound like an Italian
(9:20 AM) mirror4x: lol
(9:20 AM) mirror4x: more than i wanted to know
(9:20 AM) gboot: Sue you sound better too
(9:21 AM) gboot: except griss sounds worse to me
(9:23 AM) persistent1: Jerry, RMBS news? Good or Bad.., what?
(9:23 AM) karend1: do you have a different headset jerry? sounds different
(9:23 AM) karend1: ah ok
(9:23 AM) mirror4x: persistent...they filed for a stay of the FTC decision
(9:23 AM) mirror4x: i suspect a motion for reconsideration of the FTC decision will come out later today
(9:24 AM) persistent1: mirror, is that good or bad?
(9:24 AM) persistent1: will it make it move?
JerryO3434: NUAN
(9:24 AM) mirror4x: doubt it
(9:24 AM) persistent1: thx
(9:25 AM) mirror4x: rmbs needs someone to talk about it, then it will move; absolutely no one has said anything about it
(9:25 AM) mirror4x: what's Amtech's phone number? lol
(9:25 AM) persistent1: oh ok, you don't think it will matter if we talk about it???
(9:26 AM) mirror4x: next time Jerry gets interviewed by Barron's, he'll mention it
(9:26 AM) Bob_Cashflow: CRUDE 10:30
(9:26 AM) stann8: my top picks are gapping over there triggers
(9:26 AM) stann8: amkr,ctxs
(9:26 AM) stann8: hans
JerryO3434: HANS
(9:27 AM) stann8: 38
JerryO3434: EPS DATE 27TH
(9:28 AM) persistent1: how about YHOO, Jerry?
(9:30 AM) tahoe_14: watching XTO...my long pivot is 51.60...closed at 51.28...hoy 51.80 level
(9:30 AM) tahoe_14: good thanks
(9:31 AM) karend1: sox 480 10 away from your 490 b/o point
(9:33 AM) persistent1: BOOM up
JerryO3434: NUAN
JerryO3434: CROX
(9:36 AM) tahoe_14: long CROX .34
(9:36 AM) mirror4x: low trin
(9:37 AM) stann8: smh<35
JerryO3434: ONXX A SHORT
(9:37 AM) tahoe_14: out 1/3 CROX .70
JerryO3434: LONG HANS AT 33
(9:39 AM) tahoe_14: CROX target 55...stop below yesterday low..
(9:40 AM) stann8: nq<1848
JerryO3434: SOLD HANS AT 42
(9:42 AM) grizz_9: l wfmi
(9:42 AM) grizz_9: .95
(9:43 AM) grizz_9: out .05
(9:43 AM) tahoe_14: CCJ gapped over my 37.77 pivot...may buy some if it drops a bit..
(9:44 AM) allenhess_1: Goos Morning!!
(9:44 AM) allenhess_1: ooops Good....
(9:45 AM) SUMIN985: gm allen
(9:45 AM) tahoe_14: CROX stop moved to 55.11
(9:45 AM) allenhess_1: hi Sue
(9:45 AM) grizz_9: l csco .47
JerryO3434: LONG HANS AT 45
(9:46 AM) grizz_9: l wfmi .94
(9:46 AM) lockwasher2: L hans .47
(9:47 AM) grizz_9: l hans .42
(9:47 AM) tahoe_14: long APA .36
(9:47 AM) grizz_9: out wfmi .07
(9:48 AM) karend1: nq's strongest...semis seem to be leading it
(9:49 AM) grizz_9: l vlo .19
(9:50 AM) SUMIN985: wfmi 02
(9:50 AM) cashmarket: qcom moving up
(9:50 AM) karend1: NVDA hod
(9:51 AM) lockwasher2: Hard stop HANS .30
(9:51 AM) karend1: y
(9:52 AM) tahoe_14: VLO at pivot
(9:53 AM) tahoe_14: long VLO .25
(9:53 AM) grizz_9: out vlo .28
(9:53 AM) mirror4x: SOX hod
(9:54 AM) SUMIN985: out wfmi 17
(9:54 AM) karend1: AMZN hod
(9:54 AM) tahoe_14: CROX near pivot again...upside vol more than downside so far..
(9:55 AM) SUMIN985: lg vlo 24
(9:55 AM) beachnick: klac too
JerryO3434: BREAKOUT COMP AT 2520
(9:56 AM) karend1: SOX hod
(9:56 AM) allenhess_1: Jerry - you think they will bring this down at 10AM ?
(9:56 AM) grizz_9: out hans .55
(9:56 AM) tahoe_14: watching 48.80 level VSEA...my favorite semi..
JerryO3434: SOLD HANS AT 54
(9:57 AM) allenhess_1: that 10:00 has always been a great short
(9:57 AM) SUMIN985: out vlo 34
(9:57 AM) grizz_9: out csco .53
(9:58 AM) cashmarket: 10:00
(9:58 AM) grizz_9: l brcm .33
(10:01 AM) tahoe_14: out 1/2 APA .64
(10:02 AM) grizz_9: out brcm .39
(10:02 AM) tahoe_14: stopped out CROX
(10:03 AM) cashmarket: crox crapping
(10:03 AM) stann8: if your on theright side of it
JerryO3434: SS ONXX AT 28.00
JerryO3434: 20 CENT COVER
(10:04 AM) stann8: no shares available for me on onxx
(10:05 AM) JohninNJ_1: loving this joyg fall
(10:05 AM) allenhess_1: no - just going to start to get back into it - watching today - and listining
(10:05 AM) grizz_9: srt klac .88
JerryO3434: COVERED ONXX AT 72
(10:05 AM) stann8: nice trade jerry
(10:06 AM) allenhess_1: WTG!!!
(10:06 AM) cambria1895: Couldn't get it with Tradestation can't borrow ONXX
(10:06 AM) grizz_9: cvr klac .73
(10:06 AM) SUMIN985: lg wmfi 82
(10:07 AM) Greenback1: thanks...thanks for the calls
(10:07 AM) SUMIN985: wfmi
(10:09 AM) JohninNJ_1: out of joyg short for .40 cents
(10:10 AM) lockwasher2: ss sndk at .75
(10:11 AM) SUMIN985: out wfmi lose .05
(10:11 AM) grizz_9: ss mrvl .08
(10:11 AM) mirror4x: greata
(10:11 AM) mirror4x: needs volume+attention
(10:11 AM) persistent1: ss BRCM .35
(10:12 AM) PTcruzer-: yes still short ONXX
(10:14 AM) tahoe_14: out rest APA 69.70
(10:15 AM) lockwasher2: Covered sndk at .66
(10:15 AM) tahoe_14: CROX getting ugly..52.70 target
(10:16 AM) karend1: sox holding pretty strong
(10:19 AM) BarbaraT1: BRCM running
(10:20 AM) stann8: symc<17.26
(10:20 AM) cashmarket: brcm running?
(10:20 AM) BarbaraT1: looked it to me ... down now from where I said it
(10:20 AM) BarbaraT1: short brcm? or sndk?
(10:20 AM) emg3emg3: what is that
(10:20 AM) BarbaraT1: onnx
(10:21 AM) BarbaraT1: k
(10:21 AM) emg3emg3: the low .55
(10:21 AM) BarbaraT1: ears aren't working .. still early
(10:21 AM) stann8: es taking a breather at the pivot
(10:21 AM) grizz_9: l crox .53
(10:21 AM) grizz_9: out .72
(10:22 AM) stann8: nq did not fill gap,es and dow did
(10:22 AM) karend1: nq's still green
(10:22 AM) bocarat1: cannot short I believe
(10:23 AM) mirror4x: R = reminder to feed your dog
(10:23 AM) tahoe_14: dipping into XTO .60
(10:23 AM) Bob_Cashflow: CRUDE 10:30
(10:24 AM) hivuroch1: joyg moving nice
(10:24 AM) PTcruzer-: CROX 3 candle reversal pattern
(10:24 AM) PTcruzer-: needs to hold the lows or all bets are off
(10:25 AM) grizz_9: l crox .56
(10:26 AM) tahoe_14: looking to sell XTO partial into 51.80 level
(10:30 AM) tahoe_14: out 1/2 XTO .80
(10:30 AM) allenhess_1: GAS INV FELL 3.04 MILL
(10:31 AM) allenhess_1: CRUDE OIL UP 3.69 MILL
(10:32 AM) tahoe_14: out rest XTO .90
(10:32 AM) cashmarket: its a wash
(10:34 AM) tahoe_14: CVX looks good
(10:35 AM) grizz_9: ss brcm .32
(10:36 AM) hivuroch1: SS onxx
JerryO3434: COVERED ONCC AT 45 FROM 58
(10:37 AM) grizz_9: out crox .72
(10:37 AM) kidcul: what about the breakdown?
JerryO3434: ONXX
(10:38 AM) kidcul: now its breaking
(10:38 AM) kidcul: roll a stop
(10:39 AM) SUMIN985: wmfi lg 58
(10:39 AM) SUMIN985: sorry 53
(10:42 AM) tahoe_14: 51.80 was all-time high for XTO.....hod 52
(10:44 AM) SUMIN985: wfmi out 80
(10:44 AM) SUMIN985: thx
(10:47 AM) Sunshine153 4: ONXX in a dead cat bounce?
(10:47 AM) Sunshine153 4: Okay
JerryO3434: JOYG
(10:48 AM) SUMIN985: lg wfmi .57
(10:51 AM) SUMIN985: no
(10:51 AM) JohninNJ_1: i;m chasing possible joyg short...
(10:53 AM) karend1: none here
(10:54 AM) JohninNJ_1: onxx flying
JerryO3434: LONG BRCM AT 73
(10:57 AM) SUMIN985: out .80
(10:57 AM) SUMIN985: thx jer
(10:57 AM) blacktruck57: salivating over ONXX at the 9
(10:57 AM) karend1: hi bt
(10:57 AM) blacktruck57: hello
(10:57 AM) PTcruzer-: hi bt
(10:57 AM) blacktruck57: hi Jer
(10:58 AM) SUMIN985: hi bt welcome bk
(10:58 AM) ferniee2: hiya BT :>
JerryO3434: YES
JerryO3434: SOLD BRCM AT 83
(11:00 AM) SUMIN985: wtg
(11:05 AM) JohninNJ_1: joyg fallinga gain
(11:05 AM) SUMIN985: wfmi lg 56
(11:05 AM) cashmarket: nas over 2520 number
(11:10 AM) blacktruck57: jerry---will you look at a lil chipster called TRT?
(11:10 AM) blacktruck57: thinster
(11:10 AM) blacktruck57: yes
(11:11 AM) blacktruck57: I got a 13.70 entry
(11:12 AM) blacktruck57: like to see a volume bar to exit
(11:12 AM) JohninNJ_1: L joyg 54.14
(11:14 AM) SUMIN985: took .4 lose
JerryO3434: NO LONGS
(11:19 AM) karend1: AMZN lod
(11:19 AM) karend1: and yesterday low
(11:20 AM) grizz_9: cvr brcm ss .54 be
(11:20 AM) emg3emg3: goog off 9 from hod
JerryO3434: WFMI LONG AT 50.53
JerryO3434: SOLD WFMI AT 63
(11:23 AM) emg3emg3: nice
(11:23 AM) daytrader_1_1: what symbol
(11:24 AM) blacktruck57: thx jer
(11:24 AM) blacktruck57: I took 17.05 on tretr
(11:24 AM) blacktruck57: trt
(11:24 AM) blacktruck57: it just dropped hard
JerryO3434: LONG WFMI AT 52
(11:28 AM) grizz_9: long wfmi .55
JerryO3434: SOLD WFMI AT 50.65
(11:31 AM) grizz_9: out .wfmi .56
(11:32 AM) Bob_Cashflow: long QID
(11:35 AM) Lambsblood: Jerry...Have to keep watching but this might be your reversal day that you were looking for.
(11:36 AM) cashmarket: have to break and hold 2500 on the compx
(11:36 AM) Lambsblood: ok..T/Y.
(11:36 AM) cashmarket: that would be outside reversal day candle
(11:37 AM) cashmarket: buyers keep stepping into this market
(11:37 AM) SUMIN985: still here
(11:37 AM) SUMIN985: lg 65
(11:38 AM) hivuroch1: vlo dbl bottom
(11:38 AM) SUMIN985: out 82
(11:38 AM) SUMIN985: and ciao for real
JerryO3434: SUPPORT AT 1452 ES