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The Power of 2% Chat Transcripts


03/15/06 Chat Session

Cale Good Morning [b]Sir James[/b]

James-ST Moderator: gm all

James-ST Moderator: ty sir cale

furio out all sndk, done with it

furio fwiw

Cale did SNDK have news? or earnings?

furio upgrade

am upgraded

am gm James

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

Ceon2000 has entered DayTrading Chat

gkent gm all....Ken/James I watched your video last night (thanks Cale) what's the proper forum to ask you a couple methodology questions

limey has entered DayTrading Chat

Ken-ST Moderator: feel free to shoot them out here

Ken-ST Moderator: we will answer them when there is free time

Cale GM GKent

gkent why the 1 min/ vs 5min time frame diff on gap plays

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

julie has entered DayTrading Chat

Ceon2000 gm all

Ken-ST Moderator: we use the 5 min charts for fading the gaps

dtrader has entered DayTrading Chat

Ken-ST Moderator: you will often find that the 5 min 5 ema provides the first line of support/resistance for the stock.  You may use the 1 min 5 ema and play a breakout past that, but the upside may be limited to the 5 ema on 5 min

Ken-ST Moderator: so we opt for the bigger move

steveg has entered DayTrading Chat

gkent thx

am furio, good call on SNDK

furio yep, ty

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

dtrader gm

kimmron has entered DayTrading Chat

kimmron hi  everybody

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

joe has entered DayTrading Chat

joe gm all

Dan has entered DayTrading Chat

Clyde-Harmon Trading has entered DayTrading Chat

rontrue has entered DayTrading Chat

Clyde-Harmon Trading gm everyone

rontrue gdm to all

Ceon2000 has logged out

Sean has entered DayTrading Chat

Sean GM guys

Ken-ST Moderator: [b]Good Morning[/b] [b]Joe, Dan, Clyde, Ceon, Sean[/b]

Kelly has entered DayTrading Chat

JP has entered DayTrading Chat

Kelly good am y'all

Birddog has entered DayTrading Chat

Birddog gm everyone

jack22 has entered DayTrading Chat

dale sorry it just came up

jack22 gm guys

JP GM

Cale Good Morning JP Good Morning Everyone  [img id=em-10]

Amlo has entered DayTrading Chat

Amlo Gm to all

kvr has entered DayTrading Chat

kvr good morning everyone

Sean cant believe it's Wednesday already

Ken-ST Moderator: [b]Good Morning[/b] [b]Birddog, jack, Amlo, kvr[/b]

Sean week is going by fast

Ken-ST Moderator: yes

snp has entered DayTrading Chat

James-ST Moderator: gm, kvr, amlo, jack, bird, jp, kelly, sean, rontrue, everyone else i missed

James-ST Moderator: gm snp

kami has entered DayTrading Chat

snp morning

James-ST Moderator: gm kami

hanzsolo has entered DayTrading Chat

kami gm ken,james

Susan has entered DayTrading Chat

James-ST Moderator: gm hanz, susan

julie NSTK

Susan gm everyone

jrs has entered DayTrading Chat

hanzsolo gm all

James-ST Moderator: gm jrs

jrs GM All

julie FLOW

Ken-ST Moderator: [b]Good Morning[/b] [b]snp, kami, hanz Susan, jrs[/b]

Ken-ST Moderator: NSTK is good

Cale S&P futures +0.3 vs fair value. 10-year note (4/32) to yield 4.71%. Apr WTI $62.58 ($0.52). Trading higher: SHLD +5.48 (earnings), UNP +3.04 (earnings), CSX +1.95 (UBS upgrade), ESLR +0.76 (distribution agreement), NSTK +0.71 (feasibility study with NVO), BHP +0.68 (HSBC initiates overweight), NTAP +0.61 (guidance), PMCS +0.34 (UBS upgrade), OPTV +0.33 (earnings), DISH +0.29 (earnings). Trading lower: CVS -0.97 (SEC inquiry), PALM -0.61 (JP Morgan downgrade), SNDA -0.75 (Piper downgrade), VOD -0.68, BWNG -0.27 (Cramer).

Sean who's Cramer?

Sean you guys mention him every morning

evan has entered DayTrading Chat

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

jg has entered DayTrading Chat

julie Sean Cramer is the biggest tout in the history of Wall St.

Sean ohh

Sean thanks for filling me in

dale there's that name again :(

Cale Cramers Mad Money on CNBC http://www.yourmoneywatch.com/

bigb has entered DayTrading Chat

JR has a show on CNBC at 6, 9 and 12 midnight

James-ST Moderator: After the market closes you can watch him on CNBC

Sean does he own any companies or something?

Sean or just does stcok picks?

JR you have to watch him to appreciate our comments

dale I just threw my chair thru the window aaaaahhhhh

sam has entered DayTrading Chat

Cale LOL, JR is exactly right, just need to watch him

Sean haha I dont watch television much, but I'll check it out whenever I get whatever channel that is

Cale Boooyah Baby

furio I thought was actually pretty embarrassing what he was doing last night, had to change channel

JR lmao Dale!

jg good morning everyone!!!

jeff has entered DayTrading Chat

sam gm all

Ken-ST Moderator: what was he doing?

James-ST Moderator: gm jeff, jg, sam, bigb

JR Furio, that's exactly where I have arrived, I can't even watch him.

furio kissing his painting, too much self loathing

Ken-ST Moderator: I swear a couple weeks ago he was telling everyone, wait for the pullback in the brokerage houses, and buy buy buy before the earnings

victor02 has entered DayTrading Chat

Ken-ST Moderator: then before Goldman reported he said you should be selling

Ken-ST Moderator: Goldmanwent up 8 points yesterday

Cale LOL

Cale figures

Ken-ST Moderator: [b]Good Morning[/b] [b]jg, bigb, jeff, victor[/b]

JR you know he'll be patting himself on the back for SHLD today

Gary has entered DayTrading Chat

Gary gm

Sean woah I just googled him, he's a goofy lookin fellow

furio am, I am getting slow fills at .05 on csx, other 1/2 it's at 57.65

Kelly SHLD? they indeed warned of decling same store sales... id be careful

kami is what crammer does legal can anyone have a programme pushing / bashing stocks ? SEC doesn't mind?

JR he recently received a supeona (spelling?) for what he said about 1 stock

dale CNBC does it all the time

Ceon2000 has entered DayTrading Chat

Sean is he like the Donald Trump of the stock market?

Cale ya CNBC is the biggest offender of Pushing/Bashing Stocks

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

Ken-ST Moderator: Good morning everyone!

Ken-ST Moderator: lets do market assessment:

furio out 1/2 at 58 and 58.05 csx

dale booyah

jose has entered DayTrading Chat

jy has entered DayTrading Chat

jy gm

Ken-ST Moderator: Daily chart:  above the 5 day EMA, stoch up, market in new multi-year high territory

Ken-ST Moderator: Hourly Chart:  uptrend

Ken-ST Moderator: 5 min: uptrend

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

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

furio out all csx .7

jose gm Ken, James, everyone!

julie has logged out

Ken-ST Moderator: adding CSX to watch

James-ST Moderator: gm jy, jose, ceon, anyone else i missed

Ceon2000 gm all

Hunter has entered DayTrading Chat

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

Hunter : gm folks

furio thqi i say worth a shot at shorting soon

James-ST Moderator: hey hunter

James-ST Moderator: Market 4 1.2 year high

James-ST Moderator: 4 1/2

furio s thqi .38 .4

ash has entered DayTrading Chat

James-ST Moderator: gm ash

Cale Good Trades Everyone!!!

st has entered DayTrading Chat

James-ST Moderator: gm st

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IACI 31.21[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IACI 31.21[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IACI 31.21[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IACI 31.21[/b]

julie has entered DayTrading Chat

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHLD 127.46[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHLD 127.46[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHLD 127.46[/b]

BRUNO3 has entered DayTrading Chat

BRUNO3 gm

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SNDK 55.66[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SNDK 55.66[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SNDK 55.66[/b]

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SHLD 127.46[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SHLD 127.46[/b]

goldy has entered DayTrading Chat

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NSTK 15.96[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NSTK 15.96[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NSTK 15.96[/b]

James-ST Moderator: SNDK AND IACI CLOSE

James-ST Moderator: [b]CANCEL RRGB WATCH[/b]

furio out all thqi +40c

furio 26

James-ST Moderator: ncie furio

brady has entered DayTrading Chat

furio ty

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SNDK 55.66[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SNDK 55.66[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SNDK 55.66[/b]

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Cale Whoot!! in at 55.40

JP Nice Cale

joe has left the room

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ACLI 43.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ACLI 43.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ACLI 43.51[/b]

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NSTK 15.96[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NSTK 15.96[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NSTK 15.96[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NSTK 15.96[/b]

brady has logged out

steveg has logged out

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]VIMC 15.21[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]VIMC 15.21[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]VIMC 15.21[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SHLD 126.99[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SHLD 126.99[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SHLD 126.99[/b]

JimmyBoy stop on nstk?

Ken-ST Moderator: LOD

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSTK 55.24[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSTK 55.24[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSTK 55.24[/b]

dale has logged out

jy sndk ?

James-ST Moderator: yes jimmy

julie lol

Cale huh??

dale has entered DayTrading Chat

jg you mean sndk?

ash1 has entered DayTrading Chat

Cale New Fingers this morning James?

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 55.24[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 55.24[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 55.24[/b]

James-ST Moderator: yes SNDK

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

steveg has entered DayTrading Chat

James-ST Moderator: ah nm, hit profit anyway

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

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

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

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

ash has logged out

am stp on NSTK?

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

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

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

jy tytytyty

JimmyBoy Nice...

jack22 grat day for gaps, good volume, great fills!

jack22 great...

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]NSTK 15.71[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]NSTK 15.71[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]NSTK 15.71[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]NSTK 15.71[/b]

am ty

James-ST Moderator: SHLD NEW HOD

James-ST Moderator: [b]CANCEL DISH WATCH[/b]

jy wow - just exited my 2nd 1/2 at 130.5

JR awesome jy

jy on SHLD

jy ttttyyy

Ken-ST Moderator: Very nice

Ken-ST Moderator: saweet

davidBer has entered DayTrading Chat

James-ST Moderator: gm david

James-ST Moderator: funny, i was looking at SHLD's chart yesterday and was thinking man that stock has not done anything in ages

James-ST Moderator: SHLD new HOD

JR I hope someone is still holding

kelly has entered DayTrading Chat

jy yes. james. exited too early . :(

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]VIMC 15.21[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]VIMC 15.21[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]VIMC 15.21[/b]

Kelly has logged out

James-ST Moderator: SHLD 5 bucks past trigger, solid 4% gainer.....

JP Thank God Cramer told me to buy SHLD at $160......LOL

jose has logged out

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

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

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

julie bye jose and your welcome

steveg nice

James-ST Moderator: If you are sill in VIMC move stop to 14.94

Dusty Did the bid hit profit?

Harris has entered DayTrading Chat

st has logged out

James-ST Moderator: hmmm

James-ST Moderator: we will remove profit until a better hit, ty dusty

jeff did not dusty

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]VIMC 14.94[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]VIMC 14.94[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]VIMC 14.94[/b]

Cale COMS for under $10 stock

Ken-ST Moderator Update!

juiie1 has entered DayTrading Chat

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

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

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

julie has logged out

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]THQI 25.61[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]THQI 25.61[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]THQI 25.61[/b]

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]HANS 112.67[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]HANS 112.67[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]HANS 112.67[/b]

James-ST Moderator: SHLD 6 bucks past trigger, new HOD

sndk has entered DayTrading Chat

James-ST Moderator: [img id=em-5]

bigb im still holding but i got killed on nstk

steveg hi sndk i just played you.

sndk oops wong handle, supposed to be st

steveg lol

sndk :) i am still holding on to sndk though

James-ST Moderator: lol

jeff hans stop?

James-ST Moderator: who was it who would come in with the handle "GM EVERYONE"?

James-ST Moderator: 1.5%  = 110.98

juiie1 sho acli .45

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

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

Ken-ST Moderator Profit!

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

jy wow - type A that's handsome.

Cale On Fire!!!

jy ty

James-ST Moderator: ACLI touching 5 ema on 5 minute chart, looking for a few bars of pullback to set up a tighter stop for a short entry

juiie1 covered .02

juiie1 freefall now

Cale Short?

Dusty Vimc hit profit for me

Cale Dusty, did you get in Early?

Ken-ST Moderator: Nice

Dusty no but the bid hit 15.36 on my screen wasn't that our out?

Ken-ST Moderator: yes

Cale ah, very nice

Dusty Here's the kicker, my sell triggered and it sold for less than my entry. That sucks.

jeff sell stop dusty?

Cale did you use a Limit order?

Dusty Bracketed, auto sell at 15.36.

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

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

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

jeff when a stock moves that slowly, i use a limit to get out

James-ST Moderator: bid past trigger, we will book it now

James-ST Moderator: bid past profit

jeff book it donno

Dusty Thinly traded, I had 2500 shares as soon as my order hit the stock dropped.

Ceon2000 me too

jeff lotsa sellers at .36

Ceon2000 tried to take some profit at 15.34 filled at 15.08

Cale how the heck can it get filled at 15.08?

Dusty Because GOD hates us

Ceon2000 soon as i put the order the stock dropped to 15.08

Cale lol,

Cale ouch, do you not use Limit orders?

Moharram has entered DayTrading Chat

James-ST Moderator: gm moharram

Ceon2000 not to bad of a loss didn't have a huge position in it

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ACLI 41.49[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ACLI 41.49[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ACLI 41.49[/b]

julie has entered DayTrading Chat

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CSX 59.03[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CSX 59.03[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CSX 59.03[/b]

juiie1 has logged out

Ken-ST Moderator: steveg your GPRO is rocketing

steveg (:

steveg no wait :)

steveg i need real emoticons.

Ken-ST Moderator: lol

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CSX 59.03[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CSX 59.03[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CSX 59.03[/b]

steveg looks pretty

Ken-ST Moderator Update!

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CSX 58.44[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CSX 58.44[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CSX 58.44[/b]

jack22 has logged out

Ken-ST Moderator: THQI getting close

JR have an early appt, gotta run, may be back after lunch, thanks for a great morning!

Ken-ST Moderator: ok JR

Ken-ST Moderator: have a good one

JR has logged out

sndk has logged out

st has entered DayTrading Chat

James-ST Moderator: Dow +5, relatively flat first hour..........

WCBLBBALL STRONGER THAN EXPECTED BUILD IN CRUDE

julie lol

gkent Ken...what are the stoch. settings u use for the spx charts?

limey do you still like CSX

James-ST Moderator: darn NYSE/listed stocks, need the stop to hold.....

jy CSX - come on

julie folks if you have stops on the Specialist's books you may want to consider taking them off and making them mental instead.

am for sure

James-ST Moderator: julie = Specialist beater

Dusty stopped out on CSX

James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]CSX [/b]

James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]CSX [/b]

James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]CSX [/b]

James-ST Moderator: [img id=em-11]

James-ST Moderator: Listed stocks.....abusive

jg nice face james...kinda says it all!! LOL

julie sad how those stops were taken out

jy now - CSX will move back up

julie of course

James-ST Moderator: yes.....if that CSX actually rebounds.....we are buying you a ticket julie, and sending you there to take of things......

James-ST Moderator: care

julie you dont have to send a ticket, I live close to the Exchange

James-ST Moderator: go over julie, and start knocking some heads

julie lol...........what about the police?

Harris so james, when you say "listed stocks abusive", what do you mean?

jy julie, you're in NYC.

julie yes jy

Harris just try to get a better undeerstanding of what i should avoid

jy my son goes to NYU.

Harris and why

James-ST Moderator: harris.....NYSE (listed) stocks are run by Specialists on the floor of the exchange, as opposes to electronic (NASDAQ) stocks......it appears NYSE are manipulated a lot more

julie great school

julie fun area

James-ST Moderator: Not proven, well actually proven with various violations and jail time for some specialists,  but it is almost as if they are watching the trades and move the stock to clear out stops and such to their advantage.

jeff i'm thinking of not trading listed much anymore

st James, Isnt the profit show on the right panel 2.46% incorrect?  Should be less right?

jy CSX already back up

st .

st has logged out

st has entered DayTrading Chat

James-ST Moderator: st, ty

Harris i see

st np

James-ST Moderator: got it harris?  many traders will not trade NYSE stocks at all......

Harris yep, i gotcha now

steveg just got out of my gpro call...no need to be too greedy

Harris you would think that would be seriously frowned upon considering the pending demise of the floor trader in light of electronic

Harris you even think the floor traders themselves would refrain from it beacuse of that sole reason

James-ST Moderator: SO hard to monitor thousands of specialists.......catching and punishing those that manipulate is rare.

Harris sure

James-ST Moderator: Someone mentioned a book about the floor traders, and real life stories of the manipulation involved.......can't remember title.....but the gist of it is that it is an everyday occurence.

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James-ST Moderator: I remember last year CNBC or some news channel had a report on the coming NCAA basketball tourney on Wallstreet......

gkent Jame.....I used to be a listed position trader fro Piper Jaffray....you don't even want to know

James-ST Moderator: Those traders will buy and sell teams in the NCAA TOurney like stocks......and i am talking a single guy buying a team for hundreds of thousands of dollars.........many were busted several years ago......

Ken-ST Moderator: would love to hear some of your stories gkent

julie gkent thats cool.............tell us some war stories

James-ST Moderator: ah very interesting gkent......straight form the source gkent........

gkent not online julie....i am in nyc though

gkent just the typical stuff you would think though....all the specialist clerks laugh about it everyday at the equinox gym across the street from the exchange

Harris and i'm sure they're all laughing directly at the small guys who try to trade their stocks

James-ST Moderator: [img id=em-9]

James-ST Moderator: Market slightly negative......stochastics are down.

Cale Arggg

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gkent james what stochastics settings do you use

gkent and fast/slow or %k/%d

James-ST Moderator: slow 14,3

gkent thx

James-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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julie James take a look at the PMCS chart.  Do you think a long trigger would have been issued earlier?

James-ST Moderator: 3 or 4 days past history with it helps you see if the market is ina range or not as well.

Susan eslr?

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guru Hi everyone

James-ST Moderator: vn julie, looking at the first 6 candles, it went straight up......not sure if we would have gotten a long trigger .........

julie agree. I sat on it

James-ST Moderator: Definitely would set a LOD short trigger on it now though......similar to ACLI

julie lod on first bar

James-ST Moderator: susan, ESLR, same as well......it is in middle of the day's range now.....but a LOD trigger could work out

James-ST Moderator: julie -yes

James-ST Moderator: GOOG down 8 bucks after the nice bounce yesterday

James-ST Moderator: [b]CANCEL FURTHER TRIGGERS, LUNCH / TURN TIME[/b]

James-ST Moderator: Couple of nice finds......couple of ugly ones this morning....but we definitely got the movers on an otherwise flat day.......

James-ST Moderator: Questions or comments?

steveg question, ken/james

James-ST Moderator: sure

steveg compx x hourly chart coming off over bought but 5 minut chart way oversold- would you short here?

steveg forgetting its your luncour?

steveg lunchhour

Susan James, would that be a long on eslr?

James-ST Moderator: steveg - matket right now is in a tight range, impossible to tell if this is consolidation for another leg up.....or some signs of weakness.......

James-ST Moderator: On 5 minute chart the market appears to holding support on the 50 ema.....

steveg so would be a gamble?

James-ST Moderator: Very tough call here......

James-ST Moderator: yes.....

James-ST Moderator: susan......ESLR is almost exactly at open and in between HOD and LOD.....could very well do nothing for the rest of the day.....a short at LOD is best trigger i see.......HOD has some resistance on daily chart, LOD would give you a gap to fill if it triggers.

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Ken-ST Moderator: scanning for Type C longs

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gkent ken, what platform do you use for scanning

Ken-ST Moderator: IQ

gkent thx

Susan thanks, james

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James-ST Moderator: [img id=em-8]

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steveg hey gkent...question from your experience...

gkent i'm w/ yah

steveg are the floor traders playing alot of options on what they trade?

steveg i mean with that kind of power to manipulate markets...

steveg they could really clean up.

gkent not really.....only the lead guys who have major positions.......otherwise they mostly just shoot against "known" orders

steveg takin out stops playing us for suckers....

gkent they can only "manipulate" for short periods of time

steveg say near options expiration time?

gkent near options experation i think the option guys move stuff around more than the floor guys

julie UNP looking to short

Ken-ST Moderator: gkent, in your opinion, is the floor trading necessary?

gkent ken are you kidding me? They are making money while the sun shines.....will go electronic eventually

Ken-ST Moderator: yeah good for them, that I know...

Ken-ST Moderator: but they keep insisting it is very necessary to convince the public its for their own good

Ken-ST Moderator: I dont see it at all

julie bot FLOW 12.70 sold 12.85

gkent jsut not true.....i offer 10m xyz at 55......the specialist makes sales at 54.99 and says he gave the buyer price improvement....i cancel...he plugs me for little risk

Ken-ST Moderator: nice julie

julie ty

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julie flow is flowing

julie without me..............

julie must be news

Harris gkent, in your opinion, any idea when that exchange will switch to electronic?

gkent slooooow moving machine.....

gkent lots of people w/ big dollars at stake

julie maybe after all the seatholders have no more stock

Ken-ST Moderator: yup

julie just went public and already filed a secondary

Ken-ST Moderator: all those people that bought seats...

julie they cant wait to cash out

Ken-ST Moderator: all the easy money they make

Ken-ST Moderator: How can I get a job there?

julie they couldnt give seats away fast enough after the internet bubble

julie Ken I dont think you want to be a clerk for the specialist

gkent no question about that

Ken-ST Moderator: that was a joke

julie specialist are hand me down jobs from one generation to another

julie real old money........................

gkent like the Henderson bros. julie

julie very few monority specialist right gkent?

julie if any

gkent WASP

julie pure white shoe

am i know of one a while ago...LSI specialist

Sean im curious, were any of you day trading on 9/11, if so what was it like?

julie Ken imagine having a toll booth open 5 days a week from 9:30-4 where you collect money all day

Ken-ST Moderator: market didnt open that day Sean

Sean ah

Sean what was the following week like?

Ken-ST Moderator: I think it was closed for 10 days or so

Sean cause I always hear about my relatives who lost a lot of money in stock investments after 9/11 happened

Ken-ST Moderator: not sure

Ken-ST Moderator: it was crazy when ti first opened though

Sean yeah I can imagine

Ken-ST Moderator: not hte kind of market i generally like to trade

Sean heh yep

julie plenty of gaps though

julie UNP getting close

julie lunch time   bbl

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am julie, what's your entry on that one..LOD?

Sean I think Julie left :P

Sean oops

Sean wrong smiley

am saw that

Sean i gotta figure those out

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b] SMTS 21.40[/b]

Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b] SMTS 21.40[/b]

Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b] SMTS 21.40[/b]

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE C Trade (Bottom). Consider Buy[/b] [b] SMTS 21.40[/b]

Ken-ST Moderator: [b]TYPE C Trade (Bottom). Consider Buy[/b] [b] SMTS 21.40[/b]

Ken-ST Moderator: [b]TYPE C Trade (Bottom). Consider Buy[/b] [b] SMTS 21.40[/b]

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b] SMTS 21.40[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b] SMTS 21.40[/b]

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b] SMTS 21.40[/b]

jy it moved so fast

Cale Never saw that one

Cale didnt even see it on the Type C table

Sean hehe that one was quick

Ken-ST Moderator: 2 mintues prior I issued the alert

Sean I'm too slow hehe

Cale wasnt 2 min

Harris uh yea, lol. no chanc on catching that one for me either

Cale there might be a problem

Cale because it all same very fast

Cale same = seemed

Sean you can see at what time he made the call and at what time it was triggered

Sean = 2 minutes

Ken-ST Moderator: Yes

Cale I see that but......

Ken-ST Moderator: that is more than enough time to setup and analyze

Ken-ST Moderator: if you did not catch the trade

Ken-ST Moderator: the best thing to do at a minimum is analyze and study the setup

WCBLBBALL IT WAS ONLY ONE MINUTE BUT WHO'S COUNTING BETWEEN FRIENDS

jy just exited at 21.66

Ken-ST Moderator: man wc, you are hurting my feelings....

Sean I set it up, but then I minimized my browser to look at other stuff, duh me heh

Ken-ST Moderator: are you mad at me?

Ken-ST Moderator: lol

James-ST Moderator: [img id=em-6]

steveg jeez wc....

Ken-ST Moderator: I have come across several people who type in all  caps, but never really asked them why they do so

steveg what is wrong with you...?

Ken-ST Moderator: shed some light there

st anything close to trigger?

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Sean lol I'm being to think the ALL CAPS isn't accidental!

Sean beginning*

steveg thats downright antisocial

Ken-ST Moderator: I just kidding by the way

Susan smts is rising

Ken-ST Moderator: but really do want to know why those other people do that

James-ST Moderator: i think he must have to type some where in all caps and just keeps forgetting, i asked him yesterday......

Ken-ST Moderator: it doesnt bother me any, but I know it affects others

jy I bought some more SMTS @ 21.54

Ken-ST Moderator: nice JY

jy set stop @21.59 - playing with their.

Ken-ST Moderator: nice

jy since I made my profit already on the 1st trade.

jy it's out

Ken-ST Moderator: cool man

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Sean WC = Millbrook: Part 2

Sean just kidding :)

James-ST Moderator: [img id=em-6]

Sean hah

jy ken, SMTS was a good call - let's go over your reasoning. thx.

Ken-ST Moderator: Market oversold

Ken-ST Moderator: thats is big thing right there

Ken-ST Moderator: there is support on daily chart for SMTS in that area

Ken-ST Moderator: thats 2

steveg market deathly afraid of 1300 it appears

Ken-ST Moderator: it broke its 5 ema on 5 min trend after a prolonged trend under it

Ken-ST Moderator: it tested the 5 ema, pulled back

Ken-ST Moderator: we played the break past that last rally tot he 5 ema to continue the trend/turnaround

Ken-ST Moderator: 3 conditions

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jy ty

jy how do you monitor this kind of stocks ?

jy did it just pop up on your screen ? :)

steveg wish it wasn't lunch getting beautiful long signals on mrvl

steveg :(

steveg i hate watching a rally im not in

Cale I know the feeling SteveG

evan new HOD for VIMC

gkent might not be your guys game, but aapl breaking down i'm short

James-ST Moderator: very very nice gkent

steveg looks good gkent

gkent took out that little double bottom

James-ST Moderator: yes, bring up any stocks, does not matter if it fits a strategy here or not.......the more eyes on the market the better, and other strategies always welcome to be shared

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gkent ok...will do

James-ST Moderator: [img id=em-8]

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st Question for all:  How do you guys handle taxes? Do you do your own taxes or leave it up to the CPA. I ask because I do my own taxes with Turbo tax and have to enter ALL these day trading transaction and is killing me.   I average around 4 to 5 trades a day.  What do you guys do?

steveg aapl still has a way to go imo

James-ST Moderator: st, I am a CPA.....and have a good story for you......

steveg do tell james

James-ST Moderator: COuple years a ago i was hit with a several million dollar tax lien.....of course i freaked out.....they said how i did not show the basis for all my stock sale proceeds.....

gkent lol....happened to me too James

James-ST Moderator: but of course, like everyone else, i put "See attached schedule"  which was an excel printout of the downloaded stock transactions.......

James-ST Moderator: from the broker.

James-ST Moderator: After a few letters and call to the IRS agent (who happened to be real nice), she looked at it and said, "Yeah ok, case closed.  But please try to input it all next time"

James-ST Moderator: lol

James-ST Moderator: So, it is impossible to input everything........i still put see attached schedule which is an Excel version of broker downloaded stock transactions.........

steveg anyway to get aroung the mark-to-market election? - i missed making it last year..

gkent taking 1/3 aapl back here if anybody is in that one

Ken-ST Moderator: taking a short break here gang

Sean Man, my dad told me to stay in VIMC...said it was gonna hit around $16.25, he was dead on

Sean oooh well

James-ST Moderator: Ah, listen to pop

Cale Time for a new Color Ken?

James-ST Moderator: Very ncie runner from trigger....3 big runners

steveg james can i refile 2004 and make the mark-to-market election so it is effective for 2005?

James-ST Moderator: ooooh

steveg so bogus irs rules

James-ST Moderator: you better ask your CPA

James-ST Moderator: lol

st thx James.   But in order to do taxes for the transaction, dont you have to calculate the Cost Basis and Sales Proceed for EACH transaction?  How do you just bundle the transactions all  up?

James-ST Moderator: i would say yes......if you amend 2004 it should be allowed.....

steveg i need a genius cpa.  have you read pub 550 capital gains tax rules? friggin nuts

James-ST Moderator: st, most brokerage firms you can download all the transactions, cost and sales basis in each

James-ST Moderator: st, and from there you can download into Excel and make it into a more presentabel format

steveg differentrules for options straddles and anything else you could imagine...

James-ST Moderator: presentable

Clyde-Harmon Trading Steve, I don't think there is a way around not filing the mark to market with your 2004 return

steveg gkent lookin awesome

gkent thx

steveg what is your exit?

Sean Yeah James, but I prefer playing conservatively. It's important to me that I end each day with at  least some profits, and on VIMC I had my 1% so i took it.

am piper cautioning on AAPL

James-ST Moderator: very nice call gkent

James-ST Moderator: yep sean awesome......

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James-ST Moderator: hey pontiff

steveg clyde have you dealt with a similar situation?

Pontiff Hey James

st James, thx. I will look into it. The thing is Scottrade's 1099 Statement does not have the cost basis and gross proceed in there. Kind of weird. Sigh... I guess I have to bring my return to a CPA.

Clyde-Harmon Trading I mark to market, and when I set it up there was no way around it from what I read

steveg thats a bummer....what if i said i sent it and they just didn't get it, lol

James-ST Moderator: st, i know nothing about scotttrade, but i bet if you call them they have a way to download all your transaction for the year available on the web........try that first

st I can download all the transaction. But what do I do next to figure out how much I owe for my gains?

James-ST Moderator: the net gain?  any tax program will calculate it for you

st Not sure...I just need to know how much I owe the IRS for all the money I made from the transactions.

limey VMIC ripped up 4%

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James-ST Moderator: well, once you have the net gain the actual tax amount owed is simple

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James-ST Moderator: sean

James-ST Moderator: aspiring movie director.......

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James-ST Moderator: the 100 greatest acting moments of all time.......

st I see. So I just attach a schedule to my tax return with all my transaction? This is great!  Ty for the info.

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James-ST Moderator: sure st

James-ST Moderator: hey kimmron

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James-ST Moderator: sean, check out the 100 gretest acting moments, use as reference for your first movie, and put me in credits

kimmron hey James

Cale ack, I am not looking fwd to doing my Taxes

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Cale Deal or No Deal ?

Cale it all comes down to one question

Cale What do you call a smart Blonde?

Cale A golden Retriever

Cale What do Attorneys use for birth control?

Cale Their Personalities

James-ST Moderator: [img id=em-5]

Cale [b]hears cricketts[/b]

James-ST Moderator: dude my golden retriever is insulted

Cale LOL, about the Attorney one?

Cale sorry

James-ST Moderator: [img id=em-4]

steveg market lookin a bit overbought, ken?

Cale What's the fastest way to a man's heart?

James-ST Moderator: getting there........

Cale Through his Chest with a sharp Knife

Cale okay, I will stop  [img id=em-4]

steveg got a bad one on michael jackson...

steveg Michael J is talking to the doctor. his wife and newborn are recuperating after the birth.

Hunter : Hey Cale,  whats the worst thing about a lung transplant ?

Cale Why is it so hard for women to find men that are sensitive, caring and good-looking?

steveg Michael says to doctor...How soon will we be able to have sex?

Cale Because those men already have boyfirends

steveg Doctor says jeez michael at leat wait till he can walk!

Cale what Hunter?

Cale LOL Steve

Hunter : The first big guber you hack up isn't yours !

Hunter : lol

James-ST Moderator: hahahahaha

Cale nice

Cale nice in a wrong kinda way

James-ST Moderator: steveg.........[img id=em-4]

steveg sorry mj fans

Ken-ST Moderator: back

Cale Why do men always want to marry Virgins?

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James-ST Moderator: [img id=em-6]

Cale because they cant stand Criticism

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James-ST Moderator: hey ramm

James-ST Moderator: hmmm

ramm hi there

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Cale so Ken, RNVS is a no go, right?

Ken-ST Moderator: not yet

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Ken-ST Moderator: depending on where it closes today, if iit doesnt trigger, we may be still on for tomorrow

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Cale but if it gets to the trigger during the day, then get in?

Ken-ST Moderator: thats up to you.  We will be opening the trade though

Cale okay cool

evan what time of day do most brokerages make their margin calls?

James-ST Moderator: theyc check at the end of the day

James-ST Moderator: are you going to get one evan

evan thanks, no

evan is VIMC overbought yet

evan I'm thinking about shorting here

Cale Evan, I am showing an up triend agani

Cale but on the 5 min its getting close to overbought

evan thanks Cale

Cale yw, still may want to check with Ken&James

Cale Does the Price of [b]Oil[/b] really effect the Market as much as CNBC says?

Ken-ST Moderator: VIMC is overbouth on its 5 min chart

Ken-ST Moderator: but still in trend

Ken-ST Moderator: still nicely above the 20 ema

Cale Evan, what do you use to Chart the stocks?

steveg going short on petm lod

evan so far I listen and just ask you guys

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]THQI 25.61[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]THQI 25.61[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]THQI 25.61[/b]

Ken-ST Moderator: 15.83 Area good stop on VIMC ...at its 20 ema

evan i started using tradestation and am not sure how to use the indicators

WCBLBBALL IS THAT THQL OR THQI

Ken-ST Moderator: THQI

Ken-ST Moderator: i not l

Cale ah, its worth learning Evan

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Cale wb

Ken-ST Moderator: wb

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JR thanks, did I miss anything?

Ken-ST Moderator: we have an alert out for THQI

evan you missed WCBLBBALL yelling at us

Ken-ST Moderator: hi lpshiau

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Ken-ST Moderator: lol

JR in fact, that means I missed nothing

Ken-ST Moderator: nah he's not yelling, he is just happy to be here

evan yeah ken he is just a loud talker

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st James, quick question. hen you mentioned Net Gain earlier, Is the Net Gain the same thing as "Aggregate Gain Profit ro Loss" on box 11 of 1099 statement?

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Cale ya Ken sometimes have a tendince to Yell a bit

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Cale speeking of Tax, are you all setup as Mark to Market Traders?

WCBLBBALL sorry

JR not yet, but plan to

Cale Ken, can you up date the table with THQI as an alert at $25.61?

Cale or James

Cale [b]is hearing Crickets again[/b]

Susan what is mark to market??

Cale Susan, its a way to file your Trades with IRS

Cale I am still reading up on it

julie MTM is good if you have losses

JR basically allows you to deduct all of your losses in one year as opposed to carryforward.  Also can carry back

JR There is a great book that discusses tax guidance for traders, "The Tax Guide For Traders" by Robert Green

Susan thanks for all the info today, gang.

JR Also advises how to organize yourself as a business to deduct many of your expenses, office, etc.

Clyde-Harmon Trading Yes, Green is good. We used them to set up Harmon

JR I've done a 1/2 hour consultation with him, he's great.

Cale JR you have the book?

JR I do, excellent

Cale I will order it now  [img id=em-10]

Ken-ST Moderator: SNDK is close to hod , we will hold off however

Cale ooo I am in SNDK at 56.33

steveg cale you long?

jy cale, long SNDK ?

JR Ken, why hold off?

Cale Yep

jy good luck, you're im the money now.

Cale ya but will have to see, its bouncing all around

Ken-ST Moderator: the 20 day EMA is just above

Cale as long as the market moves up I think it will move up also

Cale hey [b]Evan[/b] check out this website, it helps a bit with Fibs, not what I use anymore but it was nice http://www.stockta.com

steveg susan on mark to market - if you need it for your taxes you have to declare it more than a year ahead of time. so its too late for 2005 if you didnt declare it by apr 15 2005

steveg worth looking into..

Cale Steve did you file a Mark-to-market?

steveg if you need it for 2006 need to send it with your 2005 return

Susan ok for next year then

steveg most likely this year-.but i havent consulted a cpa yet

steveg if you do end up with losses you can deduct all of them instead of the 3K max.

evan thanks Cale.  I'll check it out.

Ken-ST Moderator Update!

steveg as i understand it.

Cale Mark-toMarket  http://www.irs.gov/taxpros/article/0,,id=104607,00.html

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RRGB 43.91[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RRGB 43.91[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RRGB 43.91[/b]

Cale Ken, are you unXing RRGB??

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RRGB 43.91[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RRGB 43.91[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RRGB 43.91[/b]

Cale and can you update the THQI Alert?

Ken-ST Moderator: YES

Ken-ST Moderator: yes

Harris ken, on your website i was looking at the performance chart for your swing trading servic and see a chart called "secondary results", what does that mean?

goldy stop on rrgb

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Ken-ST Moderator Update!

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Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RRGB 43.49[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RRGB 43.49[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RRGB 43.49[/b]

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steveg gutsy trade rrgb

Ken-ST Moderator: what makes it gutsy?

Ken-ST Moderator: Harris:  the initial results on our swing trading is 2%

steveg looks overbought on both 5 min and 60 min

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Ken-ST Moderator: if traders want to ride out trades in hopes of extended gains, we offer updates to that as well

Harris i see

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Ken-ST Moderator: right, tight stop though

Ken-ST Moderator: less than 1%

steveg its showing some strength though for sure... and a nice trend

Ken-ST Moderator: but look above it, nothing to stop it

Ken-ST Moderator: trading nicely into gap

Ken-ST Moderator: also market in uptrend

JR I just didn't like the low volume

steveg ken market in uptrend? spx is flat at 1297, no?

Ken-ST Moderator: overall market trend

Ken-ST Moderator: the intraday momentum still sideways to up