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The Power of 2% Chat Transcripts


01/11/06 Chat Session

Ken-ST Moderator: gm all

dale gm Ken BRCM ??

Cale Good Morning Ken

Ken-ST Moderator: Nice dale

dale looking up :)

dale SNDK downgraded this am / dropped in pre market 1.95

dassn000 has logged out

ash1 has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]ash1[/b]

ash1 gm all

dassn000 has entered DayTrading Chat

dassn000 morning all

Ken-ST Moderator: gm

irachmiel has entered DayTrading Chat

irachmiel gm all

Ken-ST Moderator: [b]Good Morning[/b] [b]ira[/b]

cbat has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]cbat[/b]

BRUNO3 has entered DayTrading Chat

julie has entered DayTrading Chat

BRUNO3 GM

julie hi folks

cbat gm everyone

Ken-ST Moderator: [b]Good Morning[/b] [b]BRUNO, julie[/b]

Moharram has entered DayTrading Chat

julie Chk these out Ken

julie ADBL, EZEM, CSCD, INFY, FFIV

Bob has entered DayTrading Chat

Bob gm

Ken-ST Moderator: [b]Good Morning[/b] [b]Bob[/b]

Bob Happy New Year!!!

Ken-ST Moderator: Happy New Year bro

Dan has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]Dan[/b]

Dan gm

kami has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]kami[/b]

jack22 has entered DayTrading Chat

Flor has entered DayTrading Chat

bman has entered DayTrading Chat

kami has logged out

Ken-ST Moderator: [b]Good Morning[/b] [b]jack, Flor, bman[/b]

kami has entered DayTrading Chat

kami gm ken

jack22 gm!

shawnt has entered DayTrading Chat

d_fig has entered DayTrading Chat

d_fig gm all

Amlo has entered DayTrading Chat

Amlo gm

mats has entered DayTrading Chat

mats has logged out

Todd-SOF Direct has entered DayTrading Chat

Todd-SOF Direct gm everyone

Ken-ST Moderator: [b]Good Morning[/b] [b]amlo, mats, shawnt, todd[/b]

mats has entered DayTrading Chat

Cale hey Ken, here are a few that I cameup with lastnight, remember I am still learning  [b]MHP SNX NUVO SVU [/b] thoughts (when you get a chance)

guru has entered DayTrading Chat

JR has entered DayTrading Chat

doc has entered DayTrading Chat

guru good morning everyone.

al71 has entered DayTrading Chat

MarkB has entered DayTrading Chat

shawnt has logged out

Ken-ST Moderator: [b]Good Morning[/b] [b]mats, guru, JR, doc, al, MarkB(LG)[/b]

Ken-ST Moderator: tx cale, Ill take a look

JR gm

limey has entered DayTrading Chat

Amlo2 has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]limey, Amlo2[/b]

MarkB LOL GM I almoost signed in as LG this AM

rontrue has entered DayTrading Chat

al71 gm all

rontrue gdm to all

shawnt has entered DayTrading Chat

al71 AMD pre-market mover

Ken-ST Moderator: cale, all of those are at nice trend areas....would have to watch intraday to find entries

julie James coming in/

Ken-ST Moderator: Thank you for bringing those up

ak has entered DayTrading Chat

Ken-ST Moderator: Sorry, just got word that James is not coming in today

Cale thanks for checking em out for me

Ken-ST Moderator: [b]Good Morning[/b] [b]Rontrue, ak[/b]

julie baby alert/

Cale Ken = Solo

ak has logged out

Ken-ST Moderator: Yup I am solo today

ak has entered DayTrading Chat

Ken-ST Moderator: no baby, he has food poisoning

tryhard has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]tryhard[/b]

ak gm ken, all

tryhard Hey good morning

Cale Morning ak tryhard

gd has entered DayTrading Chat

ak Cale, morning.  tryhard what??

brow has entered DayTrading Chat

brow morning all

RoGeRj has entered DayTrading Chat

MarkB 2 of Cramers picks from last night are topping pre market gainers

Ken-ST Moderator: [b]Good Morning[/b] [b]brow, RoG[/b]

Ken-ST Moderator: Good morning gnag

Ken-ST Moderator: gang

Ken-ST Moderator: Let's do the Market Assessment:

Ken-ST Moderator: Daily Chart: above the 5 day EMA, stoch up

Ken-ST Moderator: Hourly Chart: uptrend

Ken-ST Moderator: 5 min chart:  uptrend

Ken-ST Moderator: Overall we have an uptrending bias to the market

Ken-ST Moderator: Futures are currently up 1 point.  Just off the multi-year highs

al71 PSTI not on the list?

Ken-ST Moderator: I am flying solo today gang, please be patient with me

jose has entered DayTrading Chat

Ken-ST Moderator: looks good al, Ill try and keep an eye on it

jose gm Ken, everyone.

JP has entered DayTrading Chat

gd aapl...nice pop this morning

JP GM

ak PRAI???

Ken-ST Moderator: [b]Good Morning[/b] [b]jose, JP[/b]

al71 CDIS?

Hunter has entered DayTrading Chat

Hunter : gm guys

ryan has entered DayTrading Chat

Ken-ST Moderator: WE HAVE A TON OF GAPPERS THIS AM

Ken-ST Moderator: GM HUNTER, RYAN

Ken-ST Moderator: LETS REPLACE CSCD WITH PRAI

al71 BOOM

Ken-ST Moderator: OK GANG LET DO IT

jg has entered DayTrading Chat

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EVVV 17.63[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EVVV 17.63[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EVVV 17.63[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IVGN 69.94[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IVGN 69.94[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IVGN 69.94[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IVGN 69.94[/b]

cale has entered DayTrading Chat

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]BRCM 57.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]BRCM 57.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]BRCM 57.51[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]INFY 73.29[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]INFY 73.29[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]INFY 73.29[/b]

Cale has logged out

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ADBL 10.94[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ADBL 10.94[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ADBL 10.94[/b]

MarkB has logged out

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PRAI 21.04[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PRAI 21.04[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PRAI 21.04[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RMBS 30.47[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RMBS 30.47[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RMBS 30.47[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RMBS 30.47[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RMBS 30.47[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RMBS 30.47[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]RMBS [/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]RMBS [/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]RMBS [/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]NVDA 42.21[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]NVDA 42.21[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]NVDA 42.21[/b]

Ken-ST Moderator: INFY IS CLOSE

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AAPL 83.91[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AAPL 83.91[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AAPL 83.91[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]KOMG 41.47[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]KOMG 41.47[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]KOMG 41.47[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MDRX 16.36[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MDRX 16.36[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MDRX 16.36[/b]

Longfellow Goodwrench has entered DayTrading Chat

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MRVL 66.26[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MRVL 66.26[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MRVL 66.26[/b]

Ken-ST Moderator: CONSIDER MOVING STOP ON IVGN TO ENTRY

Ken-ST Moderator: MDRX IS CLOSE

JP2 has entered DayTrading Chat

Ken-ST Moderator: MDRX IS CLOSE

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MDRX 16.36[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MDRX 16.36[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MDRX 16.36[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MDRX 16.36[/b]

JP has logged out

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MDRX [/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MDRX [/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MDRX [/b]

Ken-ST Moderator: DISREGARD THAT BUY ALERT SOUND

Ken-ST Moderator: SORRY ABOUT THAT

Ken-ST Moderator: RISK NOTHING ON IVGN GANG

Ken-ST Moderator: RMBS NEW HOD

al71 MRVL is close

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]MWD 59.30[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]MWD 59.30[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]MWD 59.30[/b]

tryhard has left the room

Dusty stop on nvda?

Ken-ST Moderator: 41.58

Ken-ST Moderator: INITIAL

Ken-ST Moderator: MDRX NEW HOD

hisan has logged out

hisan has entered DayTrading Chat

Ken-ST Moderator: INFY IS CLOSE

Ken-ST Moderator: AAPL IS CLOSE

Ken-ST Moderator: EVVV IS CLOSE

Ken-ST Moderator: ADBL IS TESTING THE 5 EMA NOW

Ken-ST Moderator: WATCHING FOR PULLBACK/CONSOLIDATION

Ken-ST Moderator: RMBS NEW HOD

Ken-ST Moderator: EVVV IS CLOSE

Ken-ST Moderator: AAPL IS CLOSE AS WELL

Ken-ST Moderator: MDRX NEW HOD

Ken-ST Moderator: THOSE IN BOOM SWING TRADE, MOST STOP TO B/E

Ken-ST Moderator: IVGN HIT TARGET

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]KOMG 40.06[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]KOMG 40.06[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]KOMG 40.06[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MRVL 66.26[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MRVL 66.26[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MRVL 66.26[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MRVL 66.26[/b]

Ken-ST Moderator: KOMG IS CLOSE

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]KOMG 40.06[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]KOMG 40.06[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]KOMG 40.06[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]KOMG 40.06[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]KOMG 40.06[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]KOMG 40.06[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EVVV 17.63[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EVVV 17.63[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EVVV 17.63[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]KOMG 40.40[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]KOMG 40.40[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]KOMG 40.40[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]IVGN[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]IVGN[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]IVGN[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EVVV 17.41[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EVVV 17.41[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EVVV 17.41[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]KOMG[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]KOMG[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]KOMG[/b]

Ken-ST Moderator: INFY IS CLOSE

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EVVV[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EVVV[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EVVV[/b]

Ken-ST Moderator: NO STOP ON KOMG YET....MISPRINT

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AAPL 82.86[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AAPL 82.86[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AAPL 82.86[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]EVVV Breakeven[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]EVVV Breakeven[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]EVVV Breakeven[/b]

Moharram has logged out

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]BRCM 57.51[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]BRCM 57.51[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]BRCM 57.51[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BRCM 56.90[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BRCM 56.90[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BRCM 56.90[/b]

Longfellow Goodwrench tighten stop on NVDA?

Ken-ST Moderator: RISK NOTHING ON KOMG

Ken-ST Moderator: TY LG, CONSIDER MOVING STOP TO LOD

Ken-ST Moderator: WE WILL NOT UPDATE THE TYPE A STOPS OFFICIALLY

Ken-ST Moderator: JUST MENTION HERE

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]KOMG  [/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]KOMG  [/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]KOMG  [/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]KOMG  [/b]

Ken-ST Moderator: CONSIDER MOVING STOP TO ENTRY ON MWD AS WELL

Longfellow Goodwrench Stop on MRVL is?

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MRVL 65.69[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MRVL 65.69[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MRVL 65.69[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]NVDA[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]NVDA[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]NVDA[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]MRVL[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]MRVL[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]MRVL[/b]

Ken-ST Moderator: RISK NOTHING ON MRVL GANG

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MRVL[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MRVL[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MRVL[/b]

julie Ken on fire

Ken-ST Moderator: TY

Ken-ST Moderator: MY KEYBOARD IS SMOKING TOO

julie lol

Ken-ST Moderator: RISK NOTHING ON MWD TOO GANG

Ken-ST Moderator: WE WILL NOT MOVE THE STOP UP BECAUSE IT IS A TYPE A, BUT CONSIDER MOVING TO B/E

jose the room is on fire great job Ken and ty :)

Ken-ST Moderator: MARKET ON VERGE OF NEW MULTI-YEAR HIGHS

Ken-ST Moderator: GJ JOSE

cale Ken? B/E ?

cale ah breakeven

gd nvda nice

Ken-ST Moderator: YES

al71 BRCM?

Ken-ST Moderator: INFY IS CLOSE

Longfellow Goodwrench nvda runnin

Ken-ST Moderator: [b]Gang,we strongly suggest that a 5 minute candlestick chart of the SPX be kept open to give you a visual of current market conditions, overlay this chart with 5, 20 and 50 ema and slow stochastics.  You will find that this will help you with your personal daytrading, giving you the “heartbeat” of the market.[/b]

irachmiel has left the room

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]INFY 73.29[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]INFY 73.29[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]INFY 73.29[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]INFY 74.01[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]INFY 74.01[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]INFY 74.01[/b]

cale lol couldnt get shares to short INFY ;(

Ken-ST Moderator: AAPL IS CLOSE TOO

JR I couldn't either, it passed me over again and again!  Cybertrader

cale lol me too, Schwab

lpshiau has entered DayTrading Chat

Ken-ST Moderator: GM LPSHIAU

Ken-ST Moderator: WB

Ken-ST Moderator: RMBS NEAR THE HOD

lpshiau good morning Ken

al71 what's the stop in BRCM?

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]BRCM[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]BRCM[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]BRCM[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]BRCM[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]BRCM 56.53[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]BRCM 56.53[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]BRCM 56.53[/b]

shawnt has logged out

ryan has left the room

shawnt has entered DayTrading Chat

shawnt ken I am having trouble watching all of the stocks.  Do you have any recomendations?  RMBS was almost impossible to get in.

Ken-ST Moderator: IQ platform has good alerts

Ken-ST Moderator: set alerts for .10 before triggers

Ken-ST Moderator: perhpas

Ken-ST Moderator: have hot keys set

Ken-ST Moderator: cancel PRAI watch

brow shawn, on your platform, can you place stop buys or sells before holdiong the position?

Ken-ST Moderator: That is also an option too

Ken-ST Moderator: placing buy stops

brow thats how I do it...place the order when it is called...and I also am able to have auto target stop entered at the same time

dassn000 is LEH likely to break?

bearrally has entered DayTrading Chat

Ken-ST Moderator: hey bear

Ken-ST Moderator: LEH on the breakout all morning

Ken-ST Moderator: just like MWD

ak has logged out

bearrally morning Ken

Dan has left the room

bearrally stop on infy?

Dan has entered DayTrading Chat

Ken-ST Moderator: 74.01

Ken-ST Moderator: wb

Ken-ST Moderator: AAPL is close

al71 XMSR?

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AAPL 82.86[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]AAPL 82.86[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]AAPL 82.86[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]AAPL 82.86[/b]

Ken-ST Moderator: XMSR IN RANGE

Ken-ST Moderator: ON DAILY CHART

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 83.71[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 83.71[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 83.71[/b]

alex has entered DayTrading Chat

rontrue has logged out

alex good morning

al71 NTES?

alex well done!!!!!

Ken-ST Moderator: GM ALEX

Ken-ST Moderator: NTES AT NICE AREA

rontrue has entered DayTrading Chat

Ken-ST Moderator: MARKET OVERBOUGHT WE WILL STAY AWAY FOR NOW ON NTEST

Ken-ST Moderator: NTES

Ken-ST Moderator: THANSK FOR BRINGING THAT UP

Longfellow Goodwrench PRAI long?

Ken-ST Moderator: IT IS VALID LG BUT THE SPREAD IS TOO BIG

Ken-ST Moderator: WAS NEARLY .75% AT TIMES

Longfellow Goodwrench I can't see the sread Tradestation is screwed uop again

Ken-ST Moderator: SCALE OUT WITH PROFITS ON MWD

Longfellow Goodwrench I'll be calling Todd this afternoon

jg aapl is short at 82.86, right?

Ken-ST Moderator: yes

Ken-ST Moderator: sorry abuot that the left panel has been updated

Ken-ST Moderator: BRCM is close

jg thanks ...i see it now!!!

Ken-ST Moderator: Take the profits on MWD, its  a good move already

Ken-ST Moderator: [b]Intraday Trend is Sideways to Down[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]INFY[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]INFY[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]INFY[/b]

Ken-ST Moderator: JR and some other were saved by not getting into that one

JR how about that!  Turned out to be a good thing!

Ken-ST Moderator: Cancel all Type B alerts

Ken-ST Moderator: 11:00 Turn

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Ken-ST Moderator: any questions?

al71 how about LEA, is that a lot of support on the daily chart?

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Ken-ST Moderator: Man I hate trading AAPL

al71 besides of listed considerations...

Ken-ST Moderator: LEA near bottom end of tradign range

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Ken-ST Moderator: wb

Ken-ST Moderator: Crazy morning

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Ken-ST Moderator: Any questions, other stocks of interest?

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dale what is the read on OVRL

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Ken-ST Moderator: OVRL stuck in the intraday range and yesterdays range

Dusty Where's James today?

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Ken-ST Moderator: He is sick

Ken-ST Moderator: said he was throwing up all night last night

Dusty Too bad. The crud has been getting us all in West Wash. I am just getting over it. No fun.

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limey AAPL ?even the SPX 20 is turning up

dale RMBS still running / got in @ 30.03 :)

Ken-ST Moderator: Nice dale

Ken-ST Moderator: that is handsome

Dusty Ken, any advice on when to hold em and when to fold em'?

dale out @ 33.98

Ken-ST Moderator: Important things to watch:

Ken-ST Moderator: Market Momentum

Dusty I seem to take the full hit on the ones that lose and sell the winners much too soon limiting my wins.

Ken-ST Moderator: Support/Resistance on the stock daily chart

Ken-ST Moderator: Time of Day

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Dusty can you talk about time of day a bit more?

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Ken-ST Moderator: Two pivotal times of the day:  11:00 turn and the 1:30 Turn

Ken-ST Moderator: That is close to the beginning and end of lunch

Ken-ST Moderator: Keep that in mind.

Dusty OK, so are you saying we should be out of all plays that have met the 1% target by then?

Ken-ST Moderator: If market oversold going into those periods, play very tight stops on shorts

Ken-ST Moderator: vice versa for longs

Ken-ST Moderator: play tight stops or consider exiting

Dusty oversold/overbought based on SPX 5 min?

Ken-ST Moderator: our Market Assessment Video goes over what to look for.  Also our first video goes over how to play the secondary exits

Ken-ST Moderator: yes based on the SPX stoch

Ken-ST Moderator: that is the way t gauge the market momentum

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Dusty I watched the vids, just looking for some more clarification. I am a slow learner.

Ken-ST Moderator: ok cool

Ken-ST Moderator: np

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Ken-ST Moderator: wb alex

alex ty

Ken-ST Moderator: You want a stock trending into new territory

Ken-ST Moderator: not recently seen

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Ken-ST Moderator: NVDA....not recently seen

MarkB Well I'm locking up this AMs profits and shopping for a new broker. Tradestaion S U X

MarkB by by

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Ken-ST Moderator: [b]For Day Trading we strongly suggest traders trade on a Direct Access Platform.  Web Brokers are not efficient enough.  Whether its Stocks, Options, or Futures, we recommend SOF Direct.com, http://sofdirect.com for your direct access trading needs.  See Todd in the trading room for a real-time level II platform.[/b]

Ken-ST Moderator: wb guru

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Ken-ST Moderator: TIme of Day :  You do not want to ride too much secondaries in the third period

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Ken-ST Moderator: best in the 1st period

Ken-ST Moderator: Time is an asset.

Ken-ST Moderator: The more you have of it the better

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alaska gm

Ken-ST Moderator: gm alaska

Ken-ST Moderator: Market breakout to new highs during the lunch period

Ken-ST Moderator: INFY new lod

Ken-ST Moderator: POS

alaska you guys have two great back to back days going

Ken-ST Moderator: yeah just a couple of spoilers

Ken-ST Moderator: I got good news and bad news

Ken-ST Moderator: Good news is INFY hit its short target..

Ken-ST Moderator: Bad news is we were stopped out first

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julie is AAPL stop hod?

guru1\ could you look at XMSR for long

Ken-ST Moderator: julie stop on AAPL is 83.71

Ken-ST Moderator: Could work out guru,but the stock is in a trading range on daily

Ken-ST Moderator: not ideal for day trading it

cale was LPTH ever on the list today or yesterday?

guru1\ thanks

dale market looks range bound

dale I wonder which way it will break??

Ken-ST Moderator: No LPTH, it is under $10

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alaska Apple is not going to sustain this gap tomorrow, that's for sure, investors way over exhuberant here

dale I wanted to take AAPL short @ 84.00

Ken-ST Moderator: brb gang,

Ken-ST Moderator: taking a short break here

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dale hey alaska how cold is it there??

dale anyone get in on RMBS today??

brow nope missed the call

dale :(

cbat how do u guys manage to handle all the alerts especially since some are called at the same time

dale it was my pre market read this morning got in when it pulled back to 30

brow nice dale, I need to start doing more pre-market analysis

brow cbat, I use stop orders

dale check upgrades & down grades they will give you a heads up

dale briefing.com is a good one

brow cool. Yeah, I do check briefing for the calendar, etch, but I will check out the upgrades / downgrades too

cbat brow, could you explain

dale stop limit orders

dale cbat

dale place them ahead of the stock

brow sure..as soon as Ken gives the entry prices, I place a stop order to buy or sell at that price. Then it is just waiting to be sent to exchange to be filled.

hisan should we buy aapl

hisan at 83.91

cbat I can place stop limit orders only up to my available funds - is that the same with your broker

dale are you in short?? hisan?

hisan I amshort at 82.86

brow well, yes cbat, but also including margin.

hisan should I reverse?

hisan Where are the moderators?

dale it will proably back up & 84 , but your stop will trip

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hisan I don't have a stop... where did they say we should put it?

brow HOD I think

alaska stops are nice in case you get knocked off line or something, or if the actions moves way to fast

dale it was 83.71

alaska plus it keeps disciplin in the trade

dale i think

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cbat at one given time this morning Ken's alerts totalled over $300,000 - is this the amount of funds I should be considering if I'm going to follow Ken's alerts

cbat buying 1000 shares of each

Ken-ST Moderator: back

brow cbat, you can lower share amount to whatever you want.

Ken-ST Moderator: cbat you do not need to play all the alerts

Ken-ST Moderator: also I would rather traders think of the trades in terms of capital rather than shares

Ken-ST Moderator: Determine your shares amount by the amount of capital you are committing

dale SPX ticking up what's your read Ken

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]AAPL[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]AAPL[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]AAPL[/b]

brow cbat..to allow for possible drawdowns, try make the amount you risk pertrade be only a fraction of your account. When I say risk, I mean potential stop

dale cbat what is your email address? I have something that will help

Ken-ST Moderator: Dale Stoch in middle of trading

Ken-ST Moderator: market is still coming off the highs set during the lunch period

Ken-ST Moderator: Current trend is up

dale thanks

cale I Lub RMBS ;)

Ken-ST Moderator: very nice

Ken-ST Moderator: We are not looking to open up an early alerts today

Ken-ST Moderator: We will wait for the official 1:30 end of lunch period

dale cbat it is on it's way

cale [b]Lunch[/b] all this Lunch talk is making me Hungary

Ken-ST Moderator: lol

Ken-ST Moderator: As in the country?

cale lol, you will learn that i cant spell at all

Ken-ST Moderator: me neether

Ken-ST Moderator: you are in good company

Ken-ST Moderator: I cannot stand AAPL,

Ken-ST Moderator: it really is not a good trading stock

alaska wow, you guys did have a great entry on RMBS!

brow I actually still have 100 shares of APPL short

Ken-ST Moderator: although it may seem like it

dale good short for tommorrow AAPL

brow was so overbought I kept some after the stop.

cale ya RMBS is awesome I just got out at 34.43

Ken-ST Moderator: nice cale

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Ken-ST Moderator: wb shawnt

dale Ken bull trade shorted AAPL @ 72.67 :)

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Ken-ST Moderator: ouch

Ken-ST Moderator: whoever that is

dale LMAO

gd who is bull trade?  is it a service?

dale yes

brow do they suggest a stop dale?

Ken-ST Moderator: Why short stocks at all time highs for swing trades is what I want to know

dale they were bragging about themselves lately

alaska well bulltrade is losing lots of money on apple, in fact those sorts of folks are probably driving up the price right now trying to cover their shorts

Ken-ST Moderator: Market is always humbling

gd wow...bull trade is leaving cow patties all over the place...

dale actually bull trade averaged up today???

dale poop in their shorts you mean alaska ??

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dale Ken all I can say is the trend is your friend if you are both going the same way

Ken-ST Moderator: yup

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Ken-ST Moderator: [b]Intraday Trend is Sideways to Down[/b]

Ken-ST Moderator: [b]Gang,we strongly suggest that a 5 minute candlestick chart of the SPX be kept open to give you a visual of current market conditions, overlay this chart with 5, 20 and 50 ema and slow stochastics.  You will find that this will help you with your personal daytrading, giving you the “heartbeat” of the market.[/b]

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Ken-ST Moderator: wb

julie ty

dale what is ( wb )

dale wom bat??

julie yes

brow lol

julie white bread

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dale I feeeeeellllll good !!!!! :) today RMBS in @ 30.03 pull back / out @ 33.98 :)

Ken-ST Moderator: very nice Dale

Ken-ST Moderator: that is handsome

Ken-ST Moderator: good to hear that kind of info

dale pre market read

dale started @ 4 am this morning

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dale used a .50 trail stop until it banged into 34

brow nice trade dale!

Ken-ST Moderator: wb ron

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dale thanks

Ken-ST Moderator: wb JR

Ken-ST Moderator: ok gang we are nearly out of lunch

Ken-ST Moderator: market is in downtrend mode right now

JR thanks, had a shopping lunch, nothing better to refresh yourself!

Ken-ST Moderator: haha

Ken-ST Moderator: nice

JR any long on AAPL sometime soon?

Ken-ST Moderator: Likely we will not trade AAPL today

julie I never get it right on AAPL

Ken-ST Moderator: We may point out if it fits strategy  and buy/stop areas

Ken-ST Moderator: but we will not book

julie always lose....................

dale AAPL is up on hype / hangover will come tommorrow

Ken-ST Moderator: I can't stand trading that stock

brow same here julie, burns me all the time

Ken-ST Moderator: I think there was maybe 1 solid winner in that stock over the past few months

julie trapper stock

dale me either / bull trade wishes the same

brow rimm the same for me. just can't trade it right

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Ken-ST Moderator: RIMM is another one

Ken-ST Moderator: I agree

Ken-ST Moderator: on the surface it has all the makings of a great trding stock

brow I just cant get a correct read on it...maybe market maker games, or my inexperience

BRUNO3 BRCM IS NO BARGIN EITHER

julie lol

brow true bruno

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dale SPY is getting a little pressure from below

julie RMBS $11 3 months ago....wow

dale legal woories

dale worries

brow dale, SPY the trust?

brow oh, or did you mean legal worries for RMBS

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dale SPY / S&P futures

Ken-ST Moderator: yes Dale, market below the 5 ema, stoch down

dale or should I say SPDRS

brow ah, right, thought you were saying there was legal worries for SPY, which I didn't get. But I think you meant it about RMBS. I easily confused

dale YES

BRUNO3 KEN - MWD STILL OPEN AS TYPE A ?

cbat thanks Ken

Ken-ST Moderator: yes bruno

BRUNO3 TY

Dusty Good news BRCM hit target.

julie good news for who/

Ken-ST Moderator: Bad news:  POS stopped us out before hitting it

Dusty Exactly.

Dusty I jumed back in with a very small position at 57.62. More of a Possum than anything else.

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Ken-ST Moderator: cool

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jg we don't re-enter a.m. alerts or do we?

jg only one has a x in front of it and that was cxl'd before lunch

gd rmbs on fire

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dale naaa! RMBS fur the day

gd I meant nvda

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Ken-ST Moderator: jg, looking for a nice setup

Ken-ST Moderator: Nice Trade dusty

Ken-ST Moderator: that was nearly 1% move on that

Dusty thx. Just a small position. Good news it worked out.

dale Ken would you say the markets are consolidating today???

dale or just resting?

Ken-ST Moderator: more just consolidating

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Ken-ST Moderator: Market not really trending at all

dale yup just hanging in a range

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Ken-ST Moderator: sorry gnag not seeing much

Ken-ST Moderator: gang

Dusty gnag is close enough for me anyway. ;-)

Ken-ST Moderator: market abovethe 5 ema, stoch u

Ken-ST Moderator: up

Ken-ST Moderator: lol Dusty

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cale Dusty how did you get that winking Smily?

Dusty typed a colon ;)

Dusty sorry typed a colon line and right parenthases(sp)

cale :)

cale ah ty

dale ;)

Dusty no worries.

dale (;)

jg ;:

dale ah nuts

dale wish something would move 0)

dg nice recovery in oil stocks after inventory #'s...Iran causing a little bull market for oil...

Ken-ST Moderator: CMCSK at hod

Hunter : takin its time !

dg Ken...dg = gd...got kicked off and can't resume under gd for some reason.

Ken-ST Moderator: maybe your ghost was in here

dg scary stuff...hope he is making $

dale Hey cbat did you get it??

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Ken-ST Moderator: lol

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Ken-ST Moderator: Market no trend right now

dg brcm hod

Ken-ST Moderator: yeah we missed that first breakout at 58.00 area

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Ken-ST Moderator: do not want to chase that stock

Ken-ST Moderator: Cant believe we got stopped out on that first trade on that stock

Ken-ST Moderator: Market nearing the hod

dale tick tick

dale TICK ! TICK !

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MRVL 67.36[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MRVL 67.36[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MRVL 67.36[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MRVL 67.36[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MRVL 67.36[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MRVL 67.36[/b]

Ken-ST Moderator: Consider quicker profits on MRVL gang

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MRVL 66.97[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MRVL 66.97[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MRVL 66.97[/b]

Ken-ST Moderator: Scale out with moves in your favor

dale SPY new hod

brow dale, do you trade SPY as well as monitor it?

dale nope

dale just a indicator like the S&P

Dusty would PD look like a good short at 144.08?

brow gotcha dale..was trading the SPY for a little bit but have switched to emini and ken's new room. Very fun

dale I would like to try the e mini's but I haven't studied them. I like fun :)

Ken-ST Moderator: Dsyt itis trading in the p/d range

Ken-ST Moderator: we tend to avoid those

brow while I got my futures acct set up I was trading the emini calls with the SPY.

Ken-ST Moderator: just because it is choppy

Dusty got it. thx

Ken-ST Moderator: Have to be patient in this type of market

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Ken-ST Moderator: Market new hod

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Ken-ST Moderator: AAPL new hod

julie1 MDRX perculating

dale crazy??

julie1 KPMG too

jack22 ?

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Ken-ST Moderator: KPMG?

julie KOMG

julie triggerred

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Ken-ST Moderator: we didnt have it up as an alert

Ken-ST Moderator: It came from a long ways away

julie i know...it was my personal trigger

Ken-ST Moderator: stop would be over a bount below

Ken-ST Moderator: yeah

Ken-ST Moderator: market is overbought as well

julie i'm out with .75%

Ken-ST Moderator: very nice

Ken-ST Moderator: gj

Ken-ST Moderator: thats hot

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julie do uyou think MDRX has 1% in it/

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Ken-ST Moderator: at a new hod?

julie yes

dale well made a little today / see ya tommorrow :)

julie bi dale

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Ken-ST Moderator: Market new hod

Ken-ST Moderator: ok dale gj

dg wow komg

julie wow is right

Ken-ST Moderator: There was a possible entry as it make a new high of the day after the pullback

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dg nvda wow 2

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dg mrvl - bad actor so far

BRUNO3 MRVL IN THE TOILET

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hisan R we out of MRVL?

brow I am still in hisan..

hisan Where was the stop?

hisan at

BRUNO3 66.97 - TRADED THRU

dg anyone still in mrvl?

jg nope...

brow yes

jg got stopped at 66.97

brow I missed seeing what the stop was, placed mine right under 50 ema at 80

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BRUNO3 HEY KEN -ARE YOU IN THE ROOM ?

Ken-ST Moderator: sorry gang, i got bumped

Ken-ST Moderator: I am restarting the server now

Ken-ST Moderator: sorry, I am having computer problems right now

dg thought you were taking a siesta...

Ken-ST Moderator: lol

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]MRVL 66.97[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]MRVL 66.97[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]MRVL [/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]MRVL [/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]MRVL [/b]

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dg ken...you ok?

Ken-ST Moderator: I am now

Ken-ST Moderator: are you guys ok?

Ken-ST Moderator: sorry, but everything seems to be ok right now

Ken-ST Moderator: Sorry about that stop

Ken-ST Moderator: Cancel all alerts

Ken-ST Moderator: Just MWD open

Ken-ST Moderator: taking all day

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Ken-ST Moderator: wb

dg WB to you too Ken :)

Ken-ST Moderator: ty

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Ken-ST Moderator: Ok gang any questions?

cale AAPL shows open on the Left

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Ken-ST Moderator: ?

Ken-ST Moderator: I have it as closed

Ken-ST Moderator: The only one I have open is MWD

BRUNO3 KEN - IS IT JUST ME, OR HAVE WE GIVEN BACK MORNING PROFITS EVERY AFTERNOON LATELY ?

Ken-ST Moderator: Not yesterday

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Ken-ST Moderator: we gained 3% in the afternoon yesterday

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Ken-ST Moderator: I have  said many times the morning offers the best opporunities, the afternoons are still profitable but not as good as the first period

BRUNO3 MUST BE ME !

guru2 bye guys, see you all tomorrow

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Ken-ST Moderator: nah, it is noticable lately

Ken-ST Moderator: ok gang, any quesitons?

Ken-ST Moderator: we will use 59.60 as the closing price for MWD

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