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Chat Transcripts

04/11/06 Chat Session

Mr. Mom aka Cale: Good Morning

Mr. Mom aka Cale: Morning Amlo

Amlo: Good Morning everyone

georgie: Morning

Jen: James, is CHWR right?

Mr. Mom aka Cale: Morning Jen

Mr. Mom aka Cale: Good Morning Ken

Jen: morning Cale, er, Mr Mom

Ken-ST Moderator: gm all

Ken-ST Moderator: lol Cale

Mr. Mom aka Cale Morning James

Ken-ST Moderator: gm James

Mr. Mom aka Cale wont be around much today

Dusty has entered DayTrading Chat

Mr. Mom aka Cale hey Dusty

Ken-ST Moderator: gm Dusty

James-ST Moderator: gm all

Dusty Good Morning ! ;-)

georgie Morning (or afternoon for me) Is CHWR right symbol?

Hotkey has entered DayTrading Chat

Ken-ST Moderator: gm Hotkey

Dusty How many kids Cale?

Ken-ST Moderator: changed georgie

Mr. Mom aka Cale 2

Dusty How old?

cbat has entered DayTrading Chat

Mr. Mom aka Cale [img id=em-5] KEN!!!! JAMES!!! HELLO --> CHRW ???? <-- [img id=em-5]

Mr. Mom aka Cale dusty, 2&4

cbat gm everyone

Dusty That's a lot of work!

Mr. Mom aka Cale Oh, yess it is

kvr has entered DayTrading Chat

chuck has entered DayTrading Chat

brady has entered DayTrading Chat

Ken-ST Moderator: Good Morning cbat, kvr, chuck, brady

brady whats up! you guys ready for today :)

Ken-ST Moderator: sure are

brady cale hahaha mr mom huh

JP has entered DayTrading Chat

Ken-ST Moderator: gm JP

Birddog has entered DayTrading Chat

JP hello

Mr. Mom aka Cale Morning Brady [img id=em-10]

Ken-ST Moderator: Good Morning Birddog

RoGeRj has entered DayTrading Chat

Ken-ST Moderator: Good Morning RoG

brady good morning, so you guys i got a new job!

Mr. Mom aka Cale Very short week for me, Mon and Tue playing Mr. Mom and the market is closed on Friday

RoGeRj Hey - Hi !

Birddog good morning

Ken-ST Moderator: Whats your new job?

Mr. Mom aka Cale Whats the Job Brady?

brady business developement officer for a oCEAN BANK IN RI I am the Maine and New Hampshire regional rep for commercial lending divison

Mr. Mom aka Cale is that good?

hanzsolo has entered DayTrading Chat

Mr. Mom aka Cale does that mean you wont be here anymore?? [img id=em-1]

benji has entered DayTrading Chat

Hotkey BOL looks good

brady hell no! of course i'll be here i couldnt leave you guys after all weve been thro :)

jg has entered DayTrading Chat

Hotkey AA also

jg good morning to all!!!

Mr. Mom aka Cale hey jg

guru has entered DayTrading Chat

brady bought peix at the end of the day yesterday, i think it was a good move

Mr. Mom aka Cale Hotkey, those are listed Stockes

Mr. Mom aka Cale Morning Guru

jg hey mr.mom....gm to you and yours!

Mr. Mom aka Cale :)

brady james is peix going to crash today you think or higher?

Ken-ST Moderator: cool Brady

brady ty

Ken-ST Moderator: any job that allows you to daytrade....cant be all that bad

limey has entered DayTrading Chat

Ken-ST Moderator: is that a promotion ?

Mr. Mom aka Cale [b]AVID[/b]

Pontiff gm gang

GA has entered DayTrading Chat

Ken-ST Moderator: Good Morning jg, guru, benji, hanz, pontiff, GA

Birddog I don't know 'bout that Ken, I hate mine

brady well i was a commercial mortgage broker on only commission before and now I am with a bank and getting salary and expenses paid so basicly promotion

hanzsolo gm all

guru gm Ken, James & everyone

Mr. Mom aka Cale WOW look at Ken with 2 listed Stocks

jh has entered DayTrading Chat

jh gm all

Ken-ST Moderator: congrats brady

rdub has entered DayTrading Chat

Mr. Mom aka Cale SYNA

JP COLM

Ken-ST Moderator: Good Morning jh, rdub

johnboy has entered DayTrading Chat

johnboy good morning everyone

rdub gm Ken, all

Ken-ST Moderator: COLM still in range, but we'll add and keep eye on it

Ken-ST Moderator: Good Morning jb

moof has entered DayTrading Chat

Ken-ST Moderator: Good Morning moof

Mr. Mom aka Cale whoot, SNDK

Mr. Mom aka Cale Lets get this Party Started!!!!

rontrue has entered DayTrading Chat

rontrue gdm to all

doc has entered DayTrading Chat

JP TTWO?

WCBLBBALL BLUD IS THE GORILLA TRADES PICK OF THE DAY

WCBLBBALL baby is crying...please shut that thing up Cale

doc gm gang

Mr. Mom aka Cale [img id=em-1]

victor has entered DayTrading Chat

Pontiff Ken BOL is down 15% already...

Ken-ST Moderator: Good Morning WC, rontrue, doc, victor

Mr. Mom aka Cale ya not a good day for BOL

Ken-ST Moderator: Doesn't matter at allPontiff

tryhard has entered DayTrading Chat

susan has entered DayTrading Chat

Ken-ST Moderator: more important where it is gapping into or out of

tryhard gm

Ken-ST Moderator: gm tryhard, susan

jose has entered DayTrading Chat

Ken-ST Moderator: TTWO in range

Ken-ST Moderator: gm jose

susan gm everyone

majomx has entered DayTrading Chat

Ken-ST Moderator: I feel jy coming in soon

Ken-ST Moderator: gm jamomx

Ken-ST Moderator: majomx

majomx Gm Ken

Ken-ST Moderator: Good Morning Everyone

Ken-ST Moderator: lets do a market assessment:

jy has entered DayTrading Chat

Mr. Mom aka Cale lets

Ken-ST Moderator: Daily Chart: below the 5 day EMA, stoch down

Ken-ST Moderator: gm jy

jose gm Ken, James, everyone!

jy gm

Ken-ST Moderator: Hourly Chart: downtrend

Ken-ST Moderator: 5 min chart: downtrend

Ken-ST Moderator: Hourly chart sitting at bottom end of recent range

Ken-ST Moderator: coincidentally near the 20 day EMA

Ken-ST Moderator: Overall bias on the market is down

dennis has entered DayTrading Chat

Ken-ST Moderator: Good Morning dennis

dennis gm Ken

Ken-ST Moderator: 10 sec gang

Ken-ST Moderator: here we go

Mr. Mom aka Cale *** Good Trades Everyone ***

Rube has entered DayTrading Chat

kami has entered DayTrading Chat

Ken-ST Moderator: gm Rube, kami

Ken-ST Moderator: tx Cale

Ken-ST Moderator: lets do it

kami gm all

david has entered DayTrading Chat

Ken-ST Moderator: gm david

david Morning Ken, all

matt 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]CHRW 53.01[/b]

James-ST Moderator: gm all

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PEIX 32.61[/b]

travman has entered DayTrading Chat

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ASVI 28.74[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: CANCEL AVID WATCH

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]COLM 55.73[/b]

furio has entered DayTrading Chat

James-ST Moderator: gm furio, travman

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NOK 21.64[/b]

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]COLM 55.73[/b]

Ken-ST Moderator: ASVI is close

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]BOL 45.44[/b]

Ken-ST Moderator Short!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]BOL 45.44[/b]

Ken-ST Moderator Short!

brady peix moving up

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ASVI 28.74[/b]

brady almost

Ken-ST Moderator Buy!

brady there

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PEIX 32.61[/b]

Ken-ST Moderator Profit!

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

James-ST Moderator: [b]CANCEL CMTY[/b]

Dusty has logged out

Dusty has entered DayTrading Chat

Ken-ST Moderator Profit!

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

jg gooooodddd moooornnninggg!!! cha ching

Ken-ST Moderator Update!

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

Mr. Mom aka Cale BLUD, on a nice run!!

benji I misse BOL (good thing i guess)

jg me...benji....good riddance...

Mr. Mom aka Cale thats okay I missed ASVI :(

Ken-ST Moderator Profit!

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

jg colm!!!

jg mr. mom cale unfortunately i missed that one too..could,nt short!

Mr. Mom aka Cale wow, lots of Volume going into NOK

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]BLUD 32.35[/b]

jh has logged out

brady made 5% on peix

James-ST Moderator: awesome brady

brady yes sir!

Mr. Mom aka Cale good Job Brady

brady ty guys

Ken-ST Moderator: sweet brady

Ken-ST Moderator: gj

brady got in yesterday

matt got 2% on PEIX - thanks Ken!

James-ST Moderator: ah, very nice brady, matt

James-ST Moderator: hey where is julie?

the_don has entered DayTrading Chat

Ken-ST Moderator: nice matt, gj

Ken-ST Moderator: gm don

James-ST Moderator: gm don

the_don gm boss

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]MATK 30.21[/b]

the_don bosses

Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]MATK 30.21[/b]

jh has entered DayTrading Chat

James-ST Moderator: gm jh

jh gm James

Ken-ST Moderator: gm jh

James-ST Moderator: Gold 604+.....what is all time high on gold?

bigb has entered DayTrading Chat

Mr. Mom aka Cale is that a pop quiz James?

jose has logged out

James-ST Moderator: lol

Ken-ST Moderator: gm big

Pontiff PEIX another great run today!!!

jy short CHRW lod - 52.53 ??

Ken-ST Moderator Update!

Pontiff 3.5% so far damn!!!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AVCT 30.79[/b]

James-ST Moderator: GOOG had a pop yesterday.....a 26 year old student may have developed a new search technology to search even faster......man that student is going to be rich if true......

WCBLBBALL is it lunchtime yet?

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

Mr. Mom aka Cale yep, be back in a while

Mr. Mom aka Cale has left the room

Ken-ST Moderator Short!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]AVCT 30.79[/b]

brady haha

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]AVCT 30.79[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AVCT 31.21[/b]

Ken-ST Moderator Profit!

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

jy type q = type quickie for AVCT

Ken-ST Moderator: gotta love those quickies

jy yes

WCBLBBALL short aapl

benji I'm off to study the stars

Ken-ST Moderator: Cool benji

benji thanks folks

Ken-ST Moderator: have a good day bud

James-ST Moderator: take care benji

benji you too

benji has logged out

Dusty benji that stuff will rot your brain.

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SYNA 25.48[/b]

James-ST Moderator: Did benji mean that literally? Astronomy?

Ken-ST Moderator: I think he's in school

James-ST Moderator: ah that is right......he mentioned he was taking astronomy.......

James-ST Moderator: lmao

Dusty Just kidding. I figured that.

Ken-ST Moderator Short!

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]MATK 30.21[/b]

the_don has logged out

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SYNA 25.48[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SYNA 25.77[/b]

James-ST Moderator: PEIX new HOD

Ken-ST Moderator Profit!

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

James-ST Moderator: Oil at 69 bucks.......shade under all time highs........

James-ST Moderator: SPX slight break of 50 ema on 5 minute chart, stochastics are down.....again, keep in mind......we are still in a trading range........

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]

James-ST Moderator: Yell out any stocks of note........stocks on the move, personal trades........

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]BOL 49.41[/b]

dennis has logged out

Pontiff Thanks for PEIX 1.1% profit made $1,206.87 got a great average price on my fills...and its still going like the energizer bunny!!!

WCBLBBALL SHORT AAPL. YOU SAID TO YELL. ANY PROGRESS CLYDE. PRIVATE CHAT WHEN READY

James-ST Moderator: lmao

James-ST Moderator: everyone can yell but wc

James-ST Moderator: nice pontiff.......PEIX made a bunch last couple of days...you would think ethanol is fusion energy or something........

Ken-ST Moderator: awesome Pontiff

jg great morning you guys....i'm gonna call it a day...probably...thanks...

Pontiff K...J how about a short on BLUD?

Ken-ST Moderator: thats the way jg

James-ST Moderator: vn jg

Ken-ST Moderator: nice job

Ken-ST Moderator Profit!

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

Rube MRK?

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

Ken-ST Moderator: Sorry gang, we will wait on SYNA to book that profit

James-ST Moderator: We will wait for a better hit on SYNA to book profit gang

Ken-ST Moderator: waiting for better hit

WCBLBBALL SHORT MRK DOUBLE PUNITIVE DAMAGES

James-ST Moderator: whoah nice rube.....spike there......but does not really fit strategies........

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]NOK 20.65[/b]

georgie has logged out

WCBLBBALL JUST THE OPPOSITE ON MERCK. MARKET LIKED 9.5 MILLION IN DAMAGES. GO FIGURE

Rube lol

Ken-ST Moderator: yup

Ken-ST Moderator: market never makes any sense

Ken-ST Moderator Profit!

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

Ken-ST Moderator Profit!

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

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]BLUD 30.80[/b]

Ken-ST Moderator Short!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]BLUD 30.80[/b]

WCBLBBALL bet merck turns around later when it starts doing the math on 14 million (what that guy goT) times 75000 more suits

James-ST Moderator: Market slight new LOD

WCBLBBALL merck dropping now

WCBLBBALL my calculator didn't have enough columns

jy SYNA going south

jy doubled up on that one - still riding it.

James-ST Moderator: yes, SYNA new LOD

WCBLBBALL aapl dropping mrk dropping

jy just exited 1/2 position @25.01

Ken-ST Moderator: handsome jy

the_don has entered DayTrading Chat

the_don damn comps

jy set stop on the last 1/2 @21.11

WCBLBBALL appl going to 65

jy ken/james - SYNA a real handsone call.

jy ty

James-ST Moderator: ty, jy

jy hope market will bring SYNA down further

jy o.k. stopped out

James-ST Moderator: nice profit still

jy james/ken, it's too bad bear is not here.

jy ty

jy SYNA real handsome.

WCBLBBALL bye bye aapl...sorry mr. jobs

James-ST Moderator: Set SPX low alert to 1291.83 gang.......this is the low end our 3 week range on the market

James-ST Moderator: Market new LOD...........breaking 3 week range set on March 28th...........

WCBLBBALL bye bye merck

jy I did a spread on AA option before market close yesterday. bought 32.5 put and 35 call @ 0.1 and 0.2 respectively.

jy sold AA 35 call this a.m. @$0.8 a 3 bagger.

James-ST Moderator: Weakness on market was identified on Friday, as the market briefly broke highs and quickly lost all of its gains and ended negative.........bearish reversal candle created.........

James-ST Moderator: jy........very nice............

James-ST Moderator: wcball.......two very nice calls.........

jy yes. james. it's too bad bear is not here.

johnboy does anyone know the squawk box answer? Cargill, Dupont, or Monsanto?

Ken-ST Moderator: cool jy

Ken-ST Moderator: vn

James-ST Moderator: no clue jb.......i always have CNBC on, but i am so numb to any of it......

Ken-ST Moderator Update!

James-ST Moderator: hey wc.......the leader of the fantasy protfolio is up 41%.......you up there?

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BLUD 31.06[/b]

johnboy it's on too early for the westcoasters, imho

WCBLBBALL pretty damn close

johnboy cnbc guest list has DuPont CEO, I'll try that and let everyone know

johnboy yep, it's DuPont

Ken-ST Moderator: cool jb

jy ken, yes. it's real handsome on AA option. Option play can give you a 300%+ profit in a day or you can lose all your capital. But that spread was a good play. risk/reward was high.

Ken-ST Moderator: ty

drcoram has entered DayTrading Chat

James-ST Moderator: gm drcoram

drcoram gm James

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ASVI 29.21[/b]

tryhard has logged out

WCBLBBALL BLUD going wrong way

James-ST Moderator: MATK NEW LOD

James-ST Moderator: Market new LOD

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PEIX 31.24[/b]

susan why is nok short at 20.65?

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]NOK 21.35[/b]

Ken-ST Moderator: TY susan

Ken-ST Moderator: was wondering why my alert hadnt gone off

James-ST Moderator: ty susan, are you in? our initial trigger was slightly off, but it was valid

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]COLM 55.16[/b]

susan I'm in nok now.

matt short NOK?

James-ST Moderator: 21.51, suggested stop

James-ST Moderator: 21.35 matt for us

matt thnks

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]NOK 21.35[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]NOK 21.51[/b]

James-ST Moderator: approaching 12 million shares trades, tight spread and stop

James-ST Moderator: traded

James-ST Moderator: PEIX LOD relatively close

jg has logged out

Ken-ST Moderator Short!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PEIX 31.24[/b]

Ken-ST Moderator Short!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PEIX 31.24[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PEIX 31.24[/b]

Ken-ST Moderator: You are quick James,

Ken-ST Moderator: but someone is quicker

jg has entered DayTrading Chat

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PEIX 32.51[/b]

Ken-ST Moderator Profit!

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

Ken-ST Moderator: nice move down

jy PEIS too bad - didn't haave any short share available to me. :(

jy PEIX

Ken-ST Moderator: scale out into those types of moves down gang

Ken-ST Moderator: slowly

Ken-ST Moderator: take at least some off the table

Ken-ST Moderator: and ride the rest

jy like 1/2 position.

Ken-ST Moderator: each surge down take more off the table

James-ST Moderator: quite the reversal

Ken-ST Moderator: you will never get caught giving it all back

Ken-ST Moderator: nice jy

James-ST Moderator: Market new LOD........

jy BLUD

James-ST Moderator: close

Ken-ST Moderator Update!

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

travman has left the room

James-ST Moderator: susan.....kick NOK where it counts........

James-ST Moderator: Market new LOD

James-ST Moderator: PEIX new LOD

Ken-ST Moderator Profit!

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

jy BLUID profit

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

jy handsoem morning - TY

Ken-ST Moderator: gj jy

jy ty

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CHRW 52.19[/b]

WCBLBBALL short aig

WCBLBBALL been long BDCO since 5.42

James-ST Moderator: nice wc

WCBLBBALL really moving in last 5 minutes. what's your balls say about BDCO...crystall that is

James-ST Moderator: my balls say it appears bullish on all levels.......5.49 good short term stop

the_don has logged out

WCBLBBALL ty....i hope your balls are right

James-ST Moderator: Our only open trade NOK, remains in trend.....stop still 21.51

WCBLBBALL your balls(crystal) look good so far

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

James-ST Moderator: Trading is stressful as is......use the lunch period to take a break.......

WCBLBBALL new HOD .....you know the drill

James-ST Moderator: Trade less and in the most opportune times, early and late........

Pontiff K...J you guys are on an all out ASSAULT today!!! Kicking Ass and Taking Symbols!!!

James-ST Moderator: The market will always be here.......trading during lunch is only beneficial to one person......your broker

James-ST Moderator: lol pontiff, ty

James-ST Moderator: Trading is tough emotionally and physically........exercise and get away during lunch.....no other job will afford you this.......

James-ST Moderator: Profits will come if you be patient and discplined.........

James-ST Moderator: 95% of all daytraders fail......if you want to succeed you will set and stand by stops......have a gameplan........and preserve capital........profits will come if you abide by those rules.....

david Thanks guys. See ya

david has left the room

James-ST Moderator: Questions or comments gang?

kvr has logged out

WCBLBBALL up to 5.9

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

James-ST Moderator: 12%......

James-ST Moderator: Gang, as moderators we are paid by questions answered.......recently we have not been getting paid.......

James-ST Moderator: Questions please......

James-ST Moderator: Anyone new here.....please give a shout out.......

rdub how new is "new"?

the_dondo has entered DayTrading Chat

James-ST Moderator: hmmm.....no time frame

jh James, when do you typically call type "C" trades. I have yet to see one

the_dondo has logged out

James-ST Moderator: really jh.....we had quite a few last week......

Ken-ST Moderator: Scanning for TYpe C buy setups now

James-ST Moderator: at least 3

jh I was in Orlando last week....missen em

the_don has entered DayTrading Chat

James-ST Moderator: ah

James-ST Moderator: yeah, actually last week we had quite a few...........

James-ST Moderator: Disney World?

jh Yes. It was perfect weather...

James-ST Moderator: very nice......i love that place......need to return......except when i went it was 100 degrees with 98% humidity......shirt would be wet just walking out of the house

James-ST Moderator: absolutely no lines on any rides.....

jh FastPass is the way to go...it was busy but no humidity

James-ST Moderator: but, very fun.......when my daughters get a little older will head back......

Ken-ST Moderator: HOLX interesting

Rube I am new and in orlando week.

Rube this week

James-ST Moderator: ah cool rube.....you are on vacation in orlando and joining us this week?

Rube I signed up last wed.. and not on vacation.. I live at disney world. basically

James-ST Moderator: ??

James-ST Moderator: really? what do you do there?

Rube at least it's not far from here

James-ST Moderator: ah......

Rube living in a town thats about half tourists at anytime is virtually living in disney

James-ST Moderator: when i went there....we actually stayed in vacation rental condominiums.....very good alternative to hotels.....just like having your own house.....

James-ST Moderator: what town?

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Rube orlando

James-ST Moderator: ah, yes, i thought you meant like a suburd town or something.......how is first week here?

James-ST Moderator: suburb

Rube learning alot

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James-ST Moderator: fantastic....dont be shy.....ask questions, share ideas.....or bring up stocks......just look at wcball....he isnt shy

James-ST Moderator: lol

Ken-ST Moderator: lol

James-ST Moderator: *bets wcball also trades in the buff*

Rube that's the guy who shouts all the time yes?

James-ST Moderator: yep

Ken-ST Moderator: lmao

Rube i must have read about half a year's worth of the logs before signing up

James-ST Moderator: wow

johnboy I think WC puts his shorts on sometimes...

James-ST Moderator: geez rube, how long did that take? i mean i dont think i have ever even read one day

drcoram Ok James I have a newbie question. How much money do you recommend that a newbie start with?

James-ST Moderator: i hope so jb, for the sake of his furniture

Rube it's what sold me so keep it up.. took bout 2 days

Ken-ST Moderator: drcoram, that is totally up tot he trader....basically whatever he or she is comfortable with

James-ST Moderator: well drcoram...."size is not important"

James-ST Moderator: lol

Ken-ST Moderator: we do recommend traders more or less dedicate the same amount of capital to the trade

drcoram Of course and risk tolerance and the sort, but in your ideal model what do you suggest?

Ken-ST Moderator: rather than the same amount of shares

James-ST Moderator: even at $25,000, the minimum daytrading requirement.....4 to 1 margin, 100k.....split, say into 4 positions......or 25k each......1% each trade or so is still $250 each

James-ST Moderator: a solid day of 6 1% moves and maybe 2 stops should get you close to 1k

Ken-ST Moderator: Paper trading the alerts will give you a great idea what is most ideal for you

drcoram Thats what I was looking for, ty

James-ST Moderator: sure drcoram, good question.....i may eat today

James-ST Moderator: good questions gang........keep asking

the_don do u guys do auto trade

Ken-ST Moderator: just the futures right ow

Ken-ST Moderator: now

James-ST Moderator: Anyone here actually think we (the US) will attack Iran as well?

Rube Would you use a different strategy for an account with less than 25k.. i.e. an account through AIM?

James-ST Moderator: no rube, same

Ken-ST Moderator: yeah, I would change from AIM to Harmon

Rube thanks

the_don ken do you use think or swim for futures auto trade?

Ken-ST Moderator: Harmon Trading Group , http://harmontrading.com , provides unique benefits for traders. One of which allows you to day trade unrestricted with less than 25k

drcoram how does Harman get past the daytrade minimum?

James-ST Moderator: It is scary to think we would attack Iran......two wars is a little too much too handle..........let the UN or someone else do the dirty work this time

Ken-ST Moderator: No i do not don

Ken-ST Moderator: but have contacted them for auto trading

the_don what do u use

Ken-ST Moderator: waiting for a response from them

James-ST Moderator: Where is Clyde......?

drcoram I have seen Ken on www.investrade.com

Rube bloomberg just said iran successfully enriched uranium

James-ST Moderator: drcoram.....they are a Partnership, so each person becomes a member of the Partnership......the Partnership is treated as a single trading entity......which has capital in excess of 25k which allows all members to daytrade

drcoram Well should send the market downwards, particularly the communications sector, right? Down with you NOK, Down I say

drcoram I see, thats kind of what I figured

Ken-ST Moderator: lol dr

jh James, I have not heard of 4-to-1 margin...will look into this. Any particular company best? Scottrade Elite is unreliable IMO

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James-ST Moderator: jh, if you want to dabble with less than 25k to get a feel and play it safe, go with our affiliate Clyde here from Harmon Trading.......and if you have problems or questions you can be like WCBall and yell at Clyde right here in the room

Ken-ST Moderator: shame on anyone who attempts to day trade with Scottrade

the_don why is that ken?

Ken-ST Moderator: we will forgive you, but you should look at more professional options

drcoram I hesitate to say this, but I'm trading with Ameritrade, do you feel the same about them?

rdub Ken - recommendations?

Rube does harmon have a better short list? i've missed a few because i was unable to short

James-ST Moderator: lol, well Clyde isnt here......probably too much abuse from WC.....actually he is really sick......flu

Ken-ST Moderator: you want every edge you can get with Day Trading

jh Thanks for the shame...how about a suggestion or 2

Ken-ST Moderator: lol jk jh

the_don here here

Ken-ST Moderator: Harmon Trading Group is good

Ken-ST Moderator: SOF Direct.com is another we recommend

James-ST Moderator: Rube - pretty comprehensive short list.......go to their demo to examine......

Ken-ST Moderator: we use their platforms

jh ty

rdub Any opinions on Tradestation or IB?

Ken-ST Moderator: Scottrade does not deliver the tools you need for daytrading

Ken-ST Moderator: We will eat their traders for lunch

brady I use it and it is really good- Harmon Trading

Ken-ST Moderator: good too rdub, but they are big, and sometimes can be a plus and a neg

the_don brady whats there web site

James-ST Moderator: no idea on tradestation.....but IB we have had extensive discussions......general consenus here from some who tried it (and me) is that they are pretty terrrible in customer service

WCBLBBALL brady my man you out of zz yet??

brady ya WCi was out that day

James-ST Moderator: the don - harmontrading.com

rdub i've heard the c.s. horror stories on IB, James

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James-ST Moderator: yeah rdub.....it was bad for me.....and i know someone else here mentioned it too.....

brady good thing too

the_don thanks james

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Ken-ST Moderator: Geez, do we have the money or the resources to stage an attack on Iran?

WCBLBBALL JDSU coming off lows of day. i've been chasing it from 3.54 keeps moving away from me a penny at a time...should have just bought it at 3.55

James-ST Moderator: yeah scary.......i hope we don't mess with another country......

Rube sure we have the money they just built that new debt clock

Pontiff Have a good day everyone...GO YANKS!!!

rdub sure they have the money, I just paid my taxes

WCBLBBALL mrk continue drop

James-ST Moderator: true......we just need to print more money...........

johnboy who was it that said..."those that don't learn from history are condemned to repeat it..."

James-ST Moderator: take care pontiff

Ken-ST Moderator: oh yeah that is right, the Federal Reserve and keep priting money out of nothing

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Ken-ST Moderator: lol rdub

Rube should have done iran first.. instead of iraq.. why take out the only secular nation over there first?

Ken-ST Moderator: those who have not read the book yet "The Creature from Jekyl Island" Please do so

Ken-ST Moderator: it is an eye opener

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Ken-ST Moderator: to me they have identified Iran as the main threat.

the_don they said that about iraq

Ken-ST Moderator: I think by going through the neighboring coutries they are surrounding Iran

Ken-ST Moderator: and trying to instill democracy into the neighboring countries

James-ST Moderator: we should annex both countries as the 51st and 52nd states......and they too will revel in US government waste

Ken-ST Moderator: hopefully change the minds of the people of Iran

Ken-ST Moderator: get them to rebel

Ken-ST Moderator: lmao

chuck I just got back from a jog and wanted to chime in on TradeStation since some one asked

the_don jeez i just hope all this nonsense just stops..

chuck i have only been using them for a couple months but like the platform

Ken-ST Moderator: yup don, me too

WCBLBBALL calm down chuck you are out of breath...relax...take a drink

Ken-ST Moderator: HOLX came through nicely

rdub thanks chuck

chuck the fills have been decent, low commissions, and if you want to test system trading....that part of their platform is great

Ken-ST Moderator: I was hoping for a little bit of a pullback off of the 48 area to set the trigger

Ken-ST Moderator: nothing

chuck lol WC

James-ST Moderator: hahahha wc

James-ST Moderator: nice chuck, how far of a run?

chuck i am a total wimp....2 mi

Ken-ST Moderator: lol wc

James-ST Moderator: last time i checked.....2 miles is more than zero

James-ST Moderator: ncie

chuck old fart too

Ken-ST Moderator: Running is great

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Ken-ST Moderator: gm Mo

Rube could you briefly explain the different types and when to play them.. you said the type A's are open all day.. so the type b's and c's are off during lunch?

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James-ST Moderator: Don't spend your penny profit on NOK all in one place gang.......

Ken-ST Moderator: Only Type B are off during lunch

Ken-ST Moderator: Type C are open from lunch and remains open throughout the day

Rube ok

Ken-ST Moderator: Type A identifies breakouts from the stocks daily charts

Ken-ST Moderator: Type B are gapping plays

Ken-ST Moderator: Type C top/bottom calls

the_don jeez talk about a boring stock NOK

Ken-ST Moderator: our Videos go over all the setups

Ken-ST Moderator: its an added benefit to see, visually what we are looking for in the trade setup

Ken-ST Moderator: its helps to speed up the learning curve

James-ST Moderator: lol, interesting commentary:

James-ST Moderator: Hostility? America's true enemies are not Communists or Terrorists, but third world freeloaders who only exist to leech off society. Al Queda only destroyed WTC once, but these cancers destroyed a WTC equivalence everyday in the form of crimes, welfare, medical frauds, and so on.

James-ST Moderator: talk about anti-immigration.......

James-ST Moderator: but to compare to a violent acto of 9/11 is off base imo

the_don well said james

Ken-ST Moderator: who made the comment?

James-ST Moderator: no idea

James-ST Moderator: such a touchy subject.......i truly believe the reason the US is great is because everyone here is from somewhere else.......a competitive advantage against the whole world.......but still, it should be stemmed some what......

the_don well i am from the UK

the_don and belive me i have travelled

the_don and the usa has more opportunities than anywhere elase

the_don else

WCBLBBALL real question can you buy options on harmon

James-ST Moderator: nice don

the_don if u cant make it here then you are losing out

WCBLBBALL kill cythia vodva

James-ST Moderator: i went to Europe for my honeymoon.....UK was the best of the lot by far.......

James-ST Moderator: geez wc........she is hot

rdub lol

James-ST Moderator: wc......she is a former East German shot put champion

WCBLBBALL you didn't sleep with cythia vodva did you?

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

WCBLBBALL it looks like that shotput got larged in her.......

James-ST Moderator: the-don - you are in the US now or in UK?

WCBLBBALL options harmon?

the_don London is an awsome place but very expensive

James-ST Moderator: yeah don......crazy......very rich city

James-ST Moderator: highest cost of living in the world

Rube Everytime I've gone overseas i've ended up in Edinburgh.. i love that place

James-ST Moderator: wc, you should ask clyde when he returns he is sick

the_don great city

the_don james cannot buy a garage to put your car in for less than $150k in london now

James-ST Moderator: don you in UK now or US?

WCBLBBALL i didn't do it..he said you guys made him sick with all of your innane questions

the_don i am in texas

the_don houston

James-ST Moderator: cool, what brings you there?

the_don as i said opportunities

rdub the-Don is an oil magnate

James-ST Moderator: ah

the_don lol

James-ST Moderator: how long in US?

rdub not really but he's an oil stocks expert

the_don 3 years

WCBLBBALL me too don...what part...lunch...?

the_don pearland

WCBLBBALL too far...kingwood

James-ST Moderator: no offense to UKers....but their women pale in comparison to US women......and more so to those in Houston, eh Don?

Rube lol

the_don yaa we dont get 106 degree temps most of the year

the_don girls are prettier here no doubt

James-ST Moderator: yeah, while over in UK......i recall thinking.....man the food is terrible, and i have not seen pretty woman in 3 weeks

James-ST Moderator: lmao

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

James-ST Moderator: but everything else was awesome

Rube that's dry heat.. here it's much worse.. James you remember that disney trip?

the_don depends whr u go for food i find the food here terrible except for the steaks

majomx I f you guys wanna see pretty girls come to where I'm from...

Rube 100 feel's like 125

majomx Budapest

James-ST Moderator: yep,100 degrees in Florida makes 100 degrees in Las Vegas feel like a cool breeze

Ken-ST Moderator: wow how long were you there?

Ken-ST Moderator: I've seen picture of some of the pretty women there.

Ken-ST Moderator: They are hot

James-ST Moderator: Eastern European women.......[img id=em-5]

majomx you mean Budapest?I'm Hungarian,just here temporarly

the_don very

majomx girls are crazy over there

the_don me crazy too...lol

Ken-ST Moderator: lol

Ken-ST Moderator: The women here in Hawaii are very attractive as well

Ken-ST Moderator: Hawaii is a very diverse culture

the_don if wanna get crazy goto the greek island of Rhodes

the_don WOW

Ken-ST Moderator: a lot of mixed nationalities.

Ken-ST Moderator: Hot

majomx yes,i've been there lots girls in honolulu

Ken-ST Moderator: yeah I have a hard time keeping them off of me

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

majomx :)

Ken-ST Moderator: doh

Ken-ST Moderator: lol

Rube they are seasonal here.. bout an hour from Daytona Beach.. sring break is always nice

Rube spring

WCBLBBALL EXP dropping like a rock...just announce that their class B would be exchanged for class A stock. don't know if that will cause dilution but has been dropping quick since the news a few minutes ago

WCBLBBALL you getting all this Brady my man?

James-ST Moderator: Market threatening LOD.....stochastics are down

James-ST Moderator: NOK......showing a little something, still in downtrend.........

the_don I must say me and Rdub are impressed with you guys

the_don much more proffesional approach unlike the previous people we where with

James-ST Moderator: ty, but you better stop before our heads get big

the_don ahem ahem

rdub eak for yourself

rdub just kidding!

James-ST Moderator: lmao

James-ST Moderator: rdub will keep us grounded

the_don no serious well done

rdub yes absolutely

the_don we find it hard with so much going on to keep up

Ken-ST Moderator: market just off the lod

Ken-ST Moderator: made a slight new lod during the lunch period

rdub just need about 5 more sets of eyes and hands to take advantage of all the alerts

James-ST Moderator: yeah, but during lunch you two must be thinking....."geezus, can we do nothing for 2 hours????"

the_don yes rdub u rite there

rdub no, the lunch brk is good

Rube i've had that prob too the_don.. more so during the open

James-ST Moderator: well, some days......we may have only 2-4 triggers

the_don yes there is go and count the cash...lol

the_don but still hectic

rdub good point earlier about taking break at lunch to get up and move around

the_don ken james have recommended you to several guys

James-ST Moderator: yep, cale, chuck and others......hit the gym or jog.......heck the market will still be here in 2 hours.......

the_don so me and rdub expect a discount

the_don lol

James-ST Moderator: don, you should email.....they can set you up with affiliate program or something........

the_don ahaa

the_don i c

James-ST Moderator: and that goes for everyone else.....if you recomend people, email........some kind or arrangement is usually set up......

the_don thanks

johnboy man, I should have shorted Bush's approval rating at 50%

Rube when did it get that high?

Ken-ST Moderator: lol jb

rdub we all should have shorted him in the 2004 election

the_don hey i say bring Clinton back with his cigars

Rube didn't he win the election at 48% approval?

James-ST Moderator: hahahhaha

johnboy I don't know, I just assumed that it was over 50% at some point...

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James-ST Moderator: jb, that would have been a killer trade.....shorty Bush on election

James-ST Moderator: short

johnboy maybe the president should be able to tag team in a short term replacement like in wrestling

the_don leave him alone hes only trying his best

rdub ya but Bush would never give some1 else a turn

johnboy I like Bush......he makes the Daily Show that much better to watch

rdub The_Don his best isn't doing that well is it

the_don is there a another jr jr bush?