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The Power of 2% Chat Transcripts


03/31/06 Chat Session

 

Ken-ST Moderator: Good Morning jg, Dusty, dtrader, James

James-ST Moderator: gm all

dtrader has left the room

Clyde-Harmon Trading has entered DayTrading Chat

Clyde-Harmon Trading gm everyone

dtrader has entered DayTrading Chat

dtrader gm

Ken-ST Moderator: Good Morning Clyde

Pontiff has entered DayTrading Chat

Cale has entered DayTrading Chat

Pontiff gm everyone

Cale Good Morning Everyone :)

doc has entered DayTrading Chat

JP has entered DayTrading Chat

doc gm gang

Cale hey Doc

JP CRDN?

Cale Good Morning James and Ken

Pontiff Ken, James is CME still a or the swing trade for today since it didnt trigger yesterday?

Cale hi JP

JP Hey Cale

WCBLBBALL calling Bob Passani "The Stallion" is like calling James "The Stud"

Cale Pontiff, it did Trigger yesterday, didnt it?

James-ST Moderator: [img id=em-2]

Ken-ST Moderator: Good Morning Pontiff, Cale, doc, JP,

Cale ya its an open trade

Pontiff nope cale

WCBLBBALL glad James isn't in yet

WCBLBBALL oops

James-ST Moderator: gm jp, doc, cale pontiff

Cale Enter at 450.51

guru has entered DayTrading Chat

JP CTXS?

Ken-ST Moderator: yes CME is open

guru gm Ken an James

limey has entered DayTrading Chat

Cale Morning Guru

guru gm Cale

Pontiff thanks ken is it the only swing trade today?

Ken-ST Moderator: that is what is open

Ken-ST Moderator: we have two alerts today

JR Ken, RACK?

Amlo has entered DayTrading Chat

Cale JR are you telling Ken he has a nice Rack?

Cale huh?

Pontiff no prob thanks ken

Cale okay sorry too early

Ken-ST Moderator: lol

JR Cale, not before my 2nd cup of coffee!

Dan has entered DayTrading Chat

Amlo Gm to all

Cale Sorry Man, I am truly sorry

JR but that ought to get his attention

Cale Morning Amlo

Ken-ST Moderator: Good Morning limey, Dan, Amlo

Cale ya I got a LOL out of him

Birddog has entered DayTrading Chat

Furio has entered DayTrading Chat

majomx has entered DayTrading Chat

chuck has entered DayTrading Chat

mgax Good morning everybody. First time here and I had a question

JR welcome mgax

Cale Good Morning mgax, and welcome

James-ST Moderator: gm mgax, majom, furio, bird, dan, amlo, anyone i missed

brady has entered DayTrading Chat

mgax thank you

brady gm

mgax I see the watch list on the left. Do you give an alert if triggers are hit, or do we set are own triggers?

Birddog Welcome mgax

kvr has entered DayTrading Chat

Ken-ST Moderator: Good to have you mgax

Ken-ST Moderator: We set the trigger

Ken-ST Moderator: it will come after the market open

Ken-ST Moderator: we will sound an alert

mgax THank you Ken...ok good...makes it a little easier...Lets see how we do ;)

travman has entered DayTrading Chat

JR mgax, you should also set alerts on your platform for 10 cents before enter price because sometimes things move a bit fast

mgax will do...thank you for the tip

epetros has entered DayTrading Chat

kami has entered DayTrading Chat

kami gm

travman gm everyone

JR gm

Ken-ST Moderator: mgax, I would suggest just watching for a day or so, to see how things are run.

Ken-ST Moderator: It should be clear after a morning or so

Ken-ST Moderator: feel free to ask questions along the way

Ken-ST Moderator: Good Morning brady, chuck, kvr, travman, epetros, kami

steveg has entered DayTrading Chat

chuck gm all

steveg gm guys

brady I got a feeling today is going to be a good one

Furio gm to all

Ken-ST Moderator: Good Morning steveg

steveg hiya ken

jy has entered DayTrading Chat

jy gm

Gary has entered DayTrading Chat

Gary gm

brady Clyde that hasn't been added to my account yet has it?

James-ST Moderator: gm gary, jy, steveg, kami, eptros, and everyone else i missed

jh has entered DayTrading Chat

Ken-ST Moderator: Good Morning jy, Gary, jh

jh good morning

Kelly has entered DayTrading Chat

Kelly gm y'all

Bruno3 has entered DayTrading Chat

Ken-ST Moderator: Good Morning Kelly

shawnt has entered DayTrading Chat

brady k thanks

Ken-ST Moderator: Good Morning Bruno, shawnt

Bruno3 gm

Ken-ST Moderator: Good morning all

julie has logged out

victor has entered DayTrading Chat

Ken-ST Moderator: Lets do a Market Assessment:

julie0 has entered DayTrading Chat

Ken-ST Moderator: Daily Chart:  Close right at the 5 day EMA, stoch downtrend

Ken-ST Moderator: Houlry Chart: uptrend

Ken-ST Moderator: 5 min:  downtrend

Ken-ST Moderator: Overall there is a slight uptrending bias to the market

James-ST Moderator: gm victor, shawn, kelly

johnboy has entered DayTrading Chat

James-ST Moderator: gm jb, anyone else i missed

johnboy good morning everybody

Cale Good Morning Good Morning

jose has entered DayTrading Chat

Cale Remember, buy High & Sell Higher  [img id=em-10]

Ken-ST Moderator: gm Victor, Julie, JB, Jose

julie0 hi

jose gm Ken, James, everyone!

James-ST Moderator: gm jose

Cale Morning Jose

hanzsolo has entered DayTrading Chat

tryhard has entered DayTrading Chat

drcoram has entered DayTrading Chat

hanzsolo gm all

tryhard gm

Ken-ST Moderator: gm hanz, tryhard, drcoram

Ken-ST Moderator: RACK still in range

Cale Nice RACK Ken

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

JP What about CTXS?

drcoram gm all

Ken-ST Moderator: nice JP

Ken-ST Moderator: lets add CTXS

evan has entered DayTrading Chat

Ken-ST Moderator: Good Morning evan

gkent has entered DayTrading Chat

Ken-ST Moderator: gm gkent

Cale ** Good Trades all **

Ken-ST Moderator: adding STAN

sam has entered DayTrading Chat

brady ok

sam gm all

evan gm everyone

James-ST Moderator: gm sam, gkent, evan, anyone i missed

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CTXS 37.26[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CTXS 37.26[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CTXS 37.26[/b]

WCBLBBALL funny hat

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DEIX 17.09[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DEIX 17.09[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DEIX 17.09[/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]CELG 43.70[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]CELG 43.70[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]CELG 43.70[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]HANS 125.17[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]HANS 125.17[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]HANS 125.17[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GNSS 16.44[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GNSS 16.44[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GNSS 16.44[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]HEES 29.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]HEES 29.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]HEES 29.51[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MERX 13.43[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MERX 13.43[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MERX 13.43[/b]

kimmron has entered DayTrading Chat

Ken-ST Moderator: MERX is close

James-ST Moderator: gm kimron

Ken-ST Moderator: DEIX as well

Ken-ST Moderator: CTXS too

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MERX 13.43[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MERX 13.43[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MERX 13.43[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CTXS 37.26[/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]CTXS 37.26[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CTXS 37.26[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CTXS 37.26[/b]

ben has entered DayTrading Chat

Ken-ST Moderator Update!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]INFY 77.93[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]INFY 77.93[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]INFY 77.93[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]INFY 77.93[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]INFY 77.93[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]INFY 77.93[/b]

Kelly has logged out

Ken-ST Moderator: First post was a TYPO

Ken-ST Moderator: INFY is just an alert

brady celg stop?

Dusty stop on merx

Ken-ST Moderator: 12.99

kimmroni has entered DayTrading Chat

Ken-ST Moderator: 43.04 on CELG

kimmroni 1950biri

tryhard has logged out

hanzsolo rrc

tryhard has entered DayTrading Chat

Cale Ken/James the Left table isnt showing Status

Cale ty

Pontiff ken what first post was a typo???

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MERX 13.17[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MERX 13.17[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MERX 13.17[/b]

Ken-ST Moderator: Which one?

jimmyboy has entered DayTrading Chat

JP Pontiff, it was the INFY buy

hardcore has entered DayTrading Chat

Ken-ST Moderator: gm jimmy, hardcore

Ken-ST Moderator: yes sorry about that confusion

Pontiff yea ken which first post was a typo?

Ken-ST Moderator: the INFY buy

blk_lbl has entered DayTrading Chat

jg infy   still a good setup htough..correct?

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]GNSS 17.43[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]GNSS 17.43[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]GNSS 17.43[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: Cancel ATEA watch, spread too big

Pontiff cool thanks ken

Ken-ST Moderator: yes INFY  valid at new hod

brady I am in the dog house right now :(

jose has logged out

JP HANS close

hanzsolo has logged out

Ken-ST Moderator: ty JP

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]HANS 125.17[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]HANS 125.17[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]HANS 125.17[/b]

jg stop hans

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HANS 122.99[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HANS 122.99[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HANS 122.99[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CTXS 37.19[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CTXS 37.19[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CTXS 37.19[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]DEIX 16.32[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]DEIX 16.32[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]DEIX 16.32[/b]

hanzsolo has entered DayTrading Chat

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]HEES 28.80[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]HEES 28.80[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]HEES 28.80[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]INFY 76.99[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]INFY 76.99[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]INFY 76.99[/b]

Cale Gold Tanking?

Ken-ST Moderator Update!

James-ST Moderator: Lot of gappers defined their range, break either way on those are valid

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

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

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

jy CTXS 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]CTXS[/b]

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

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

Ken-ST Moderator: GNSS getting close

jy ken, you just want us to have more than 1% lol

Cale JP was that your stock?

brady of course the one stock I dont have

Ken-ST Moderator: lol jy

JP Yeah Cale.  Glad to see it worked out.

JP Cramer was pumping it again last night.

Cale ah, so I should go and Short it tomorrow ;)

JP lol...probably later today.

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HANS 123.49[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HANS 123.49[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HANS 123.49[/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]INFY 77.93[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]INFY 77.93[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]INFY 77.93[/b]

hanzsolo infy

Bruno3 stop on celg ?

jg has logged out

jg has entered DayTrading Chat

James-ST Moderator: End of the Quarter today......first quarter of 2006.....surprisingly very little action on the market so far

James-ST Moderator: bruno 43.04

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]INFY 77.24[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]INFY 77.24[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]INFY 77.24[/b]

Bruno3 ty

shawnt has logged out

James-ST Moderator: [b]It is worth noting, For the last 6 years, since 2000.....the Market has NEVER made new highs after April 1st throught the end of Summer.....[/b]

James-ST Moderator: Since the internet boom........

JP Interesting....

brady really wow I bet this will be the year we do

James-ST Moderator: Could be brady.......

James-ST Moderator: For the last two weeks we have hovered just below new highs.........

julie0 watching mhk

mgax has logged out

Ken-ST Moderator: GNSS is close

mgax has entered DayTrading Chat

brady all my money is tied up :(

jy GNSS - if trigger will be handsome.

Cale my life story Brady

brady hahaha

Cale they sure like comparing the market to 2000's market

jy the SPX cahrt is up and down, down and up so far this morning.

James-ST Moderator: You being tied up cale, or your money being tied up?

Cale oh, did Brady mean Money?, ooops

brady lol

James-ST Moderator: lol

Ken-ST Moderator Update!

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

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

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

Ken-ST Moderator: HANS new hod

brady I am not going to exit yet

JR HANS fools me every time

steveg gkent you playing anything?

Cale Dont Get Greedy

julie0 watching ttmi

mgax has logged out

Cale huh? Burger King, IPO?

steveg short aapl

Ken-ST Moderator Update!

Cale nice SteveG

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]MERX 12.99[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]MERX 12.99[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]MERX 12.99[/b]

steveg but into congestion....risky

Ken-ST Moderator Update!

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

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

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

Cale ya I was looking for a short entry in AAPL too

James-ST Moderator: Who the heck would want to buy into Burger King IPO?   They are kinda late to the party.......

Cale Thats what I was thinking

Ken-ST Moderator: Are they the Hot new burger joint?

Cale I dont see BK doing anything new sooooo....

mgax has entered DayTrading Chat

James-ST Moderator: Unless Burger King has gotten into Flu vaccine, Oil, or alternative energies........I ain't buying........

brady has logged out

Cale Not all that Hot here Ken

Cale I think they just want to pay their debt down

brady All the BK's in Maine have been closing one after another there really isnt any left up here

WCBLBBALL whata exit in hans .42

steveg that BK "King" is the creepiest character ive ever seen.  like the anti- ronald mcD.

WCBLBBALL whats exit in hans.42

steveg die aapl!

brady has entered DayTrading Chat

James-ST Moderator: wc - 126.42

Cale Steve, I agree, they need to get something new and fast

julie0 out mhk

JP Burger King can take that guy into movies.....Freddy vs Jason vs BK King

James-ST Moderator: lmao

Ken-ST Moderator Update!

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

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

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

mgax has logged out

ben celg stop?

Pontiff did anyone here sell HANS within a few pennies of the target price???

limey I am back to buying dogs today 2 for 2 !!

JR no Pontiff, I don't trust it so I bailed with a small profit

James-ST Moderator: Market is dead flat, hugging the 50 ema on the 5 minute chart, stochastics are down......

Pontiff it was within 4 pennies

johnboy you've got to know when to hold

jg has logged out

ben OH, I guess the c and o mean open or closed

johnboy them, know when to fold them

johnboy or something like that

mgax has entered DayTrading Chat

JP Yes, Ben.

brady you got it ben

ben thank you,

gkent has logged out

James-ST Moderator: CTXS.....only thing worth anything right now.......

James-ST Moderator: HESS close

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]HEES 29.51[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]HEES 29.51[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]HEES 29.51[/b]

JP Spread to big for me on HESS

Pontiff stop on hees please?

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HEES 29.15[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HEES 29.15[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HEES 29.15[/b]

steveg exiting aapl

James-ST Moderator: nice trade steveg

Pontiff thanks

steveg ty james

steveg can prob still get in again not much below

James-ST Moderator: Market new LOD.......trading under 50 ema, stochastics remain down

WCBLBBALL this indian guy is  the most pessi mistic guy

steveg looking at topt lod

James-ST Moderator: Market has been loving SPX 1300 last 2 weeks.......epic bull versus bear battle

jg has entered DayTrading Chat

steveg thoughts ken, james

Pontiff sold hees at 29.75 early made $750

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

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

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

ben has logged out

James-ST Moderator: nice pontiff

Ken-ST Moderator: Steveg, I  am wary shorting near the bottom of a big green candle

Pontiff I dont have the nerves anymore...

Cale Nice call on HEES, ty

Ken-ST Moderator: I see several at that 13 area

James-ST Moderator: steveg.......still trading in that big green candle.........

Pontiff thanks for HEES guys

Ken-ST Moderator: it may work out but just that is what I would be cautious of

Ken-ST Moderator: nice Pontiff

steveg cant see the candle

Ken-ST Moderator: 3 days ago on daily chart

James-ST Moderator: 3/27

steveg ahhhh... maybe a breakdow for low of 3 days ago.

Ken-ST Moderator: that general area may be support

Ken-ST Moderator: but if you have a tight stop

steveg on TS charts hard to see the diff. lod 13.15, low of green candle 13.02

Ken-ST Moderator: subsequent trading inside of the big green candle can be considered as normal consolidation

James-ST Moderator: I was talking to a commodity trader yesterday.....he threw me for a loop.....(i don't trade commodities).....but he pointed out something interesting.......Sugar has been strong and will continue to rocket.......

steveg I read that to, I think from Jubak

Dan sugar for ethanol, oil substitute

James-ST Moderator: China and India are buying vast quantitites of sugar to concide with all other commodites and booming economies......to make matters worse......ethanol in the US.......

blk_lbl was he citing inflationary caution

Cale ya the Sugar thing was on CNBC this morning

James-ST Moderator: really cale?

James-ST Moderator: ah.....i had one day advance warning....lol

Ken-ST Moderator: interestign

Furio has logged out

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Dale has logged out

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Ken-ST Moderator: wb

blk_lbl wheres everybody going

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Cale hummm, server issues?

James-ST Moderator: wow

JP I booted everyone.

steveg whoooa

James-ST Moderator: dayum jp.......

Cale and I didnt get booted, wow

limey I got booted

JP lol

johnboy boy my commodore 64 is the only stable platform

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James-ST Moderator: lol jb

Cale should we take that as a warning?

blk_lbl we are the special ones cale

JP There goes MERX

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]MERX 12.99[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]MERX 12.99[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]MERX 12.99[/b]

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Dan people turned off by Ken's spelling

JR no fill on MERX and I was way ahead of it

Ken-ST Moderator: lmao Dan

Ken-ST Moderator: My speling is perfect

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Cale I got filled at 13.16

JP Nice Cale, I missed it.

blk_lbl missed that one one by mile

jg where do we have infy stop?

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Ken-ST Moderator: 77.24

Cale Who Said Ken cant Spell?? I havent noticed his spelling at all  [img id=em-0]

James-ST Moderator: To be fair, we will not book profit until it hits again........

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James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MERX 13.26[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MERX 13.26[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MERX 13.26[/b]

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Ken-ST Moderator: Cale, I didnt want to mention it but you typed, Spel with two "L"s

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James-ST Moderator: [b]About half the room got booted........good news is that only the handsome people were booted........[/b]

jh easy...

Pontiff That would be me thanks!]

Chris LOL

JR it hardly phases me anymore

Cale oh, thanks for the pointer Ken

JP Ouch

Ken-ST Moderator: lol

Ken-ST Moderator: np Cale, my 2 years in high school paid off

steveg cmon merx give up the ghost

Cale I spel by sound not by the dictionary

James-ST Moderator: huked on fonix

blk_lbl the dictionary's overated

Pontiff ok people its beautiful today and its of course Friday so I am going out for a bike ride downtown have a good weekend everyone and make some money today!!!

Ken-ST Moderator: cool POntif

James-ST Moderator: take care pontiff, have a great weekend

Ken-ST Moderator: have a great day

Ken-ST Moderator: and a good weekend

Pontiff good weekend everyone!!!

Cale have a good one Pon

blk_lbl cya pontiff

Pontiff thanks for HEES J K

Pontiff I stared that one down all morning...

Ken-ST Moderator: very cool

Ken-ST Moderator: ghj

Ken-ST Moderator: gj

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

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

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

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jy MERX - ken, wants us to have more than 1%. lol

Ken-ST Moderator: lol

James-ST Moderator: Think we were pretty fair on that one......it hit profit 3 times...........

Ken-ST Moderator: Im trying to see what is better, my spelling/typing or my math

Ken-ST Moderator: which

Ken-ST Moderator: lol, or my grammer for that matter

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Cale Yes, more then Fair!!! thanks boys

Cale although MERX is still on a down trend

James-ST Moderator: 13.21 stop perhaps or entry if you think it has potential

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Cale my stop is 13.04

Cale [i]Clap clap[/i] Here we go [b]MERX[/b] here we go [i]Clap clap[/i]

Cale you know the Insurance commercial that Brett Favre does

Ken-ST Moderator: yeah

steveg i missed my topt entry

Ken-ST Moderator: with the kid eating the icecream?

steveg at least scored a penny onmerx

Cale think so Ken, he's cheering on the workers

Cale [i]Clap clap[/i] Here we go [b]workers[/b] here we go [i]Clap clap[/i]

Ken-ST Moderator: lol

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Ken-ST Moderator: a lot of real estate below on that one

Cale on MERX?

Ken-ST Moderator: yeah

Cale AWESOME!!!

Cale I am looking for 12.23

Cale its a bearish end of an ABC trend

JP That would be quite a haul Cale.

Cale ya baby

Cale okay name the move:    1 Billion dollars, ya baby

julie long hans

JP Austin Powers

Cale ya baby, you got it, ha

Cale I expected KEN to jump all over that one

hanzsolo is merx a cramer stock

Ken-ST Moderator: lol

Cale long Lnux

ben what's the CELG Stop

Ken-ST Moderator: 43.04

ben THank you sir

Dale whut happened I got unhooked from the room

jy GNSS - 4 more minutes to hit trigger.

Dale Ken what's the read on the market now

Ken-ST Moderator: sorry Dale, they said all the handsome people got booted

Ken-ST Moderator: intraday is sideways to downternd

Ken-ST Moderator: overall market trend slight uptrend

Ken-ST Moderator: a lot of range going on

Dale thx

Cale Ken I didnt get booted?

Cale but but.....

Dale I was blind

Dale scarry feeling

chuck i gotta go....y'all have a great weekend

Ken-ST Moderator: Sorry Cale, but the extremely muscular AND handsome guys didnt get booted

Ken-ST Moderator: ok Chuck, have a good one

Cale ah, okay thanks Ken  [img id=em-10]

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blk_lbl lol

Ken-ST Moderator: I was with you all the way

Cale Ken/James what was wrong with ATEA?

chuck has left the room

Ken-ST Moderator: Spread was over 1%

Cale oh, not handsome at all

Cale I have a gambling problem

steveg ugly cure for that, Cale

Cale ssshhhhh Becky is on

Cale whats the Cure SteveG?

James-ST Moderator: Market new LOD, stochastics are down

steveg brcm lod?

steveg nevermind se the candle

James-ST Moderator: guys, too much CNBC.......when Becky is considered hot.....kinda like looking at a bunch of fat girls and saying the best looking one is hot........

hanzsolo lol

steveg hey heres a tax question...

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

Ken-ST Moderator Update!

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]

steveg can you deduct 100% of your cable TV or just the difference between the CNBC package and basic cable?

wcblbball you boyz rest you have worked an hour and a half...out comes the nail polish

Ken-ST Moderator: lol wc

wcblbball you.ve made is .06%...rest

James-ST Moderator: steveg, if the cable is in your home office space that you deduct, I would say deduct all.

ben has logged out

wcblbball us

johnboy steveg, in Canada, you can only deduct the premium on top of regular cable, and if the channel is available digitally, only the channel cost

Ken-ST Moderator: Anyone here has VOIP?

steveg ty james...what if I just listen?

James-ST Moderator: CNBC isnt premium for me......you pay more for it?

Furio I do Ken

steveg I think so

drcoram I have VOIP

blk_lbl yah CNBC should be basic cable

James-ST Moderator: wow, i wouldnt pay more for  BSNBC........

Ken-ST Moderator: How does that work?

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Ken-ST Moderator: can you have a phone number?

drcoram It works great, no problems

Furio yes

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Furio like a regular land line

drcoram Yeah, I actually rolled over my old phone number

Ken-ST Moderator: but it comes through your cable?

drcoram through the cable internet yes

Cale Ken does Skype count?

Furio but if you run out of power and dont have a generator/battery back up, then you are out in the cold

blk_lbl drcoram, i don't get the need for VOIP unless you make a lot of long distance calls.

Furio whereas if you have a landline you can just use a phone that will work w/out power

blk_lbl i just use my cell phone for everything

JP You going to the auto show this weekend Cale?

drcoram I have it as a second line and it's a little chepaer that way, but I would tend to agree

Ken-ST Moderator: what are the advantages?

drcoram And I use my cell phone for evrything

Cale drcoram, who do you use as VOIP service?

Furio I use vonage for international calls talk a lot with family overseas

drcoram Vonage

blk_lbl that makes sense furio... i'd get it if i was doing that

Cale IBM uses AT&T's Service

Ken-ST Moderator: is it to save on the cost of the calls?

Furio phone bills used to be around 250 $ for international calls, now its about 45 total, all included

Cale its way cool, when we were on vacation we took our phone and make calls as if we were home

Ken-ST Moderator: ah ok

drcoram I think the advantage is the web interface for call forwarding and vm, theres not much difference though, I'm just an insatiable techie

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Cale We use skpe too

drcoram I have traveled with it too and that is pretty cool

blk_lbl that is cool

johnboy man you guys are high tech, I used to have to use a satellite phone that was the size of a briefcase

Ken-ST Moderator: I want my pops to get rid of his phone and just use cable for everything

steveg sometimes I need to call tradestation for there no short stocks.  I should deduct my phone bill as wel, lol

James-ST Moderator: dayum jb, rich guy.....satellite phone back then were big bucks.

steveg ken, im set up like that, only thin is is when you go out, and have no cell phone like me you r sol

johnboy rich guy? it was when I was working in the middle of nowhere.....it was the only thing that worked

Cale [i]Clap clap[/i] Here we go [b]MERX[/b] here we go [i]Clap clap[/i]

James-ST Moderator: MERX new LOD.......nice runner.........

steveg cale still short Merx?

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James-ST Moderator: lol jb

drcoram I shorted that one for the second time today....very nice

johnboy it used to drive me crazy when a cruise ship going to alaska would sail by, and I am on some island by myself in the rain/snow eating cold baked beans

James-ST Moderator: *thinks fondly back on his first big plastic cell phone*

James-ST Moderator: wow jb, what were you doing up there?

steveg killin fish?

James-ST Moderator: Valdez clean up?

johnboy laying out roads, cutblocks (forestry) that look like avalanche chutes so tourists couldn't tell that there was any logging going on

James-ST Moderator: wow

drcoram I know were out for lunch James, but whats your take on buying MERX now that it's at new lod?

johnboy all helicopter access, nothing more exciting that crashing into the ocean in a helicopter

James-ST Moderator: good pay i bet though?  harsh conditions.........

johnboy yep, all that, but couldn't handle the isolation and being away from the wife

jy made another % on MERX short.

James-ST Moderator: drcor - keep stop and tighten.....let the decision be made for you........

julie long cdwc

steveg man missed a gg short entry ...hate that

blk_lbl where'd you get in at julie?

jy :( exited MERX too ealry.

julie .o1

James-ST Moderator: MERX, maybe 12.82 if you want to keep stop tight........

blk_lbl thanks

drcoram yeah, me too on MERX

Cale [i]Clap clap[/i] Here we go [b]MERX[/b] here we go [i]Clap clap[/i]

Cale weeee, let it ride baby

James-ST Moderator: nice cale

julie gap til .67

Cale Ken said there wasnt much to hold it up, so....

Cale I just dont want to get too greedy

Cale $12.23 is my guess

James-ST Moderator: btw.....i saw a guy who took an old fashioned rotary phone that you used to put on a table.....and took apart his cell phone and put components in it......he would lug his rotay phone around and it would ring old style.....imagine all the girls he would talk with at bars.......

blk_lbl that is awesome

johnboy but James, maxwell smart had a rotary SHOE cell phone way before that!

James-ST Moderator: hahahaha yeah

johnboy ah, agent 99, but I digress

johnboy I wonder if you gave a 14 year old a rotary phone if they could even figure it out?

Ken-ST Moderator: lol

Ken-ST Moderator: that is cool

blk_lbl they definately wouldn't be able to remember the numbers for their friends

brady lunch time bbl

James-ST Moderator: My nephew didnt  know what to do with a cassette tape i gave to him......and he is 8 years old........

James-ST Moderator: [img id=em-1]

wcblbball id BBY hits 56.21...what's that mean again?

wcblbball iff BBY hits

Cale [i]I think you will see 60 before you see 75[/i]

James-ST Moderator: Oil?

Cale Oil

James-ST Moderator: ah, mine was 80 before 40 or 50

Cale James, I still have some 8 Track Tapes

James-ST Moderator: wow

Cale left over from my pairents

wcblbball i have records

Cale my Mustang has an 8 Track Player

James-ST Moderator: That is sweet.

JP What year is your Stang Cale?

steveg what are some 8 track titles you have cale?

James-ST Moderator: MERX new LOD

wcblbball alright BBY hit $56.21....guaranteed 1% or WMP

James-ST Moderator: Cale, looking handsome

Cale [i]Clap clap[/i] Here we go [b]MERX[/b] here we go [i]Clap clap[/i]

Ken-ST Moderator: scale at least some out....how can you lose WC

Cale ooooooommmmmmm.......

Ken-ST Moderator: very nice on MERX Cale

James-ST Moderator: Market new LOD

Cale well, thak you Ken and James, all because of you, Daddy-O's

Ken-ST Moderator: BBY big green candle at the top of that extended run

Ken-ST Moderator: I like to take at least some profits into that

wcblbball running like secretariat...oh yeah you guys to young to remember secretariat

Cale what is Secretariat?

johnboy CLue: 1200 pounds

johnboy Clue: hung like Chuck Norris

JP lol

James-ST Moderator: lmao

James-ST Moderator: Triple Crown Horse cale

wcblbball the greatest race horse of all time

julie watching plab

Cale oh

James-ST Moderator: Market new LOD

jy I think the market will end the day in red - it's the weekend.

steveg goin short adm at 33.41

Cale DAMN OVTI

wcblbball whats up with lvlt (consolidation)?

wcblbball end of quarter also

Cale ya LVLT is just taking a breather

Cale next week will be the big $7 (according to Cramber)

Cale Cramer

Dusty has logged out

Cale okay, out of MERX

steveg how much so i can die of envy?

Cale sold it at 12.52

Ken-ST Moderator: nice cale

Ken-ST Moderator: gj

steveg 38 cents not bad at all great trade

wcblbball if it is I'm rich

Cale Well I got in at 13.16

steveg whoa  way better

Cale 1 Billion Dollars Baby

James-ST Moderator: Steak and beer on cale tonite.......

wcblbball what is my prize for winning contest besides masseratti

Cale Doing sushi for dinner

James-ST Moderator: link ...........

James-ST Moderator: for winning is.......

wcblbball from ST

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James-ST Moderator: Yes, everyone remember to register and play.........

Cale are you going to give us Picks?

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James-ST Moderator: no cale........but we will have some pointers

Ken-ST Moderator: http://swingtrades.com/fantasyprizes.htm

Ken-ST Moderator: no but the game is free

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James-ST Moderator: Quick pointer to play this:

Ken-ST Moderator: and its  a good way for everyone to combine our thoughts into finding great stocks for winners

Cale shhh Bush is on

wcblbball we only have to enter our picks on cnbc website once right

Ken-ST Moderator: yes

James-ST Moderator: Dont play large caps........since you can only go long, you might as well take gambles on cheap stocks and hope for massive gains

Cale Ken I think you should give your member with the hightest amount a free month!!!

Ken-ST Moderator: that competition is with them

Ken-ST Moderator: ok Cale

Ken-ST Moderator: ill add that

Cale really?

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Gang, the person with the Highest Portfolio at the end of the competition will also get a free month of Day Trading , paid for by Cale[/b]

James-ST Moderator: hahahahha

JR thanks Cale!

James-ST Moderator: lmao

Ken-ST Moderator: lol, jk

blk_lbl LMFAO

Cale okay, thats cool!!!

Ken-ST Moderator: Free month on us

Cale if your the hights SwingTrades.com winner I will pay your Month

Ken-ST Moderator: lol

julie watching mflx

Ken-ST Moderator: Here are my thoughts

Cale [img id=em-0]

Ken-ST Moderator: These competitions are usually not won by stock pickers

Ken-ST Moderator: I read up on the rules

Ken-ST Moderator: No shorting

James-ST Moderator: http://swingtrades.com/fantasyprizes.htm

Ken-ST Moderator: and what is good is that you can only use stocks with $500 million in market cap and higher

blk_lbl CNBC sounds like the UN right now

jg has logged out

Ken-ST Moderator: usually you have those guys pounding those Penny Stocks with huge winning percentage

kami james y u say with large caps one can only go long??

Cale lol, blk i was thinking the same thing

Ken-ST Moderator: My thoughts....find the stocks with the lowest market cap and the highest volatility

wcblbball how come a stock goes for example 51.14 to 55.15 for an hour and suddenly theres a 54.147769

Ken-ST Moderator: check out BBY wc

mgax has logged out

steveg lets hear bushie speak spanish

Gary has left the room

Ken-ST Moderator: note that when the big green candle came in on that surge, it marked the start of a break in trend

Cale wc I am guessing is a special trade for the makret makers on the floor

Ken-ST Moderator: great time to take profits off the table

johnboy I heard that Bush is actually very well spoken with an extensive vocabulary, but he knows Chuck Norris is watching and that makes him nervous

Ken-ST Moderator: probably late prints on that

Ken-ST Moderator: lmao jb

Ken-ST Moderator: rotflmao

wcblbball been checking bby

blk_lbl LMFAO AGAIN

blk_lbl CHUCK norris makes me nervous too

Cale whos Chuck Norris?

Cale j/k

James-ST Moderator: kami - no, just that there is no sense in playing large cap stocks at all in the competition........they will only yied small gains......since this is a free gainers competition.......you might as well gamble on small cap stocks to make big gains

Cale I guess I need to read the rules:

blk_lbl did bushie just say harmonization

johnboy see, Bush is nervous...

blk_lbl lol

Cale no one is claping

Cale too funny

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johnboy "good job", I guess that's a better thing to say about a leader of a country than "you're a piece of work"

blk_lbl thanks liz,   i'm glad you told us he's "standing there"

Cale LOL< Johnboy

Cale that made me LOL

blk_lbl julie you take a long position i MFLX?

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Cale [i]Clap clap[/i] Here we go [b]Bush[/b] here we go [i]Clap clap[/i]

blk_lbl old mother hubbard on CNBC translation duties today

Cale LOL

Cale blk, thats funny

Cale I am cracking up now

Cale [i]Old Mother Hubbard[/i]

Ken-ST Moderator: lol blk

Cale I have tears rolling down my face

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Ken-ST Moderator: lmao

steveg man the audio of the spanish is awful.

Ken-ST Moderator: thats some funny sh*t

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Cale LMFAO

steveg sounds like hes speaking from a toilet in the astrodome

Ken-ST Moderator: lmao

Cale i cant stop laughing

bigb this is horrible

Ken-ST Moderator: me too

bigb i swear their doing this on purpose

Cale blk, you hit the nail on the head with that one, OMG

Ken-ST Moderator: VIcente is going all Casual today

Cale my gut hurts now

Cale its Friday, Casual Friday

Cale I think I wet my pants from laughing

blk_lbl i know i keep laughing too, i just hear this old creaky voice from the next room and it's hilarious

Ken-ST Moderator: No need for crunches today

Cale nope

steveg where is the video for the translator?

Cale just going to do my 3 mile run here in a sec

Cale [i]Old Mother Hubbard[/i]

Cale perfect

Cale okay, bbl, time for a run, see ya on the Lunch Turn

steveg bush going to sound like foghorn leghorn compared to her

blk_lbl now that's funny

blk_lbl have good running cale

wcblbball out of bby at 56.23

blk_lbl what time you get in WC?

blk_lbl any time before 11:30 you did pretty good

Ken-ST Moderator: this reporter wearing an evening gown?

wcblbball yesterday blk

Dan has logged out

blk_lbl nice gain then!

hanzsolo thanks for the mflx who ever that was

julie thta be me hanz

hanzsolo thank you julie

JR are you still in

hanzsolo i'm holding this one

JR if it breaks 50 ema and holds, looks pretty good

julie 59.14 to the gap

hanzsolo yup

steveg security aroung the border...? Vicente was joking!

julie if your in it, dont risj too much though

JR did he just snort!?!?

jh Ken, would AMD work for bottom play?

Ken-ST Moderator: lol jr

hanzsolo lol

steveg bush stretching here

Ken-ST Moderator: with today's tight range, I am not looking for Type C plays right now

JR don't you just want to give him a noogie?

jh ty

wcblbball since i only have 10000 shares of lvlt and no buying power left for the day...I'm going to lunch, playing racquetball, and calling it a day.....since scared me out of bby with the green candle and but i know it's going to go up 3 points today...have a great rest of the day everyone....especially julie

Ken-ST Moderator: cool wc

Ken-ST Moderator: have a good weekend

wcblbball you too Ken and everyone even you james...give horn and funny hat one more time...think LVLT to $7

julie watching rbak

wcblbball no horn and funny hat one more time before weekend for  me?

Ken-ST Moderator: I think James stepped away for a bit

Ken-ST Moderator: what is that you are talkling about?

Ken-ST Moderator Update!

wcblbball horn and funny hat

Ken-ST Moderator: Have a good weekend WC

wcblbball ty very much

blk_lbl the horn!

Ken-ST Moderator: lol

Ken-ST Moderator: yw

hanzsolo i can't believe bush is our leader

JR RBAK looks interesting Julie

ben that card sounds scary

JR hanzsolo, I was thinking the same thing and am embarrassed with what the world thinks of a country that would pick him

hanzsolo for real

ben He talks like we are stupid

ben I dislike his lack of leadership too

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James-ST Moderator: [b]FOR WC[/b]

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James-ST Moderator: My question is.....what would Mexico do if a couple million americans suddently started running across the border into their country?

ben We should do it James

JR put us to work for pennies on the dollar

JP Start giving them shots.

ben They have plenty of rescources; They just need to work harder

hanzsolo lol james

blk_lbl yah they need to stop taking naps in the middle of the day and stuff

JR tell me when he's off, I'm going to watch something else

ben "IRAN" AHHH I'm scared George

James-ST Moderator: In general......I would like to have open borders........the thing that made the US great is that everyone here is from somewhere else at what time or another........historically, that has given the US a competive advantage.........

blk_lbl EXACTLY JAMES THANK YOU

ben True, Free Trade

blk_lbl a voice of reason at last

JR so true

ben Some people are very insecure

ben Suprisingly, often the right

blk_lbl look at all the problems France and west europe has with trying to control immigration

ben Dido Blk

kami has logged out

ben Still, the traveling computer-chip, identity card (weird)

ben scary

hanzsolo bush is so funny

ben He seams like someone I would drink a beer with, not President of USA

blk_lbl yah, thats probably next ben ... the chip thing

ben BLK, He mentioned it during the Canada Question

steveg how 'bout passports for a transport document? Whats wrong with passports....?

ben Then Again,