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The Power of 2% Chat Transcripts


05/04/06 Chat Session

James-ST Moderator: GM all

RoGeRj has entered DayTrading Chat

Dale gm WFMI?

doc has entered DayTrading Chat

normarice has logged out

doc gm james gang

claudia has entered DayTrading Chat

Pontiff has entered DayTrading Chat

Pontiff gm

Ken-ST Moderator has entered DayTrading Chat

Ken-ST Moderator has become a moderator

norma has entered DayTrading Chat

Clyde-Harmon Trading has logged out

doc gm ken

limey has entered DayTrading Chat

claudia gm everyone

James-ST Moderator: gm limey, norma, ken, pontiff, doc, rog

moof has entered DayTrading Chat

Ken-ST Moderator: gm norma, doc, limey, claudia, moof

claudia ASEI?

Ken-ST Moderator: in recent range

susan has entered DayTrading Chat

susan gm everyone

Clyde-Harmon Trading has entered DayTrading Chat

Clyde-Harmon Trading gm everyone

Ken-ST Moderator: gm Clyde, Susan

jj has entered DayTrading Chat

rontrue has entered DayTrading Chat

jj gm all

jg has entered DayTrading Chat

kimmron GM James, Ken, all

jg good morning everybody!!!!

rontrue gm to all

jj Ken, what's the probability of success with Type A trades?

duane has entered DayTrading Chat

Ken-ST Moderator: It has been been between 70 - 75%

JP has entered DayTrading Chat

JP GM everyone

duane gm

Leslie has entered DayTrading Chat

jj t

jj thanks

Leslie gm everyone

Ken-ST Moderator: gm jj, rontrue, jg, kimmron, duane, JP, leslie

chuck has entered DayTrading Chat

James-ST Moderator: gm leslie, duane, jg, jj, susan, moof, kimmron

James-ST Moderator: gm chuck

bharat has entered DayTrading Chat

bharat gm everyone

James-ST Moderator: gm bharat

rdub has entered DayTrading Chat

jj what would the stops on those type a trades be?

Ken-ST Moderator: the initial is 1.5%

jj thanks

Ken-ST Moderator: gm chuck, bharat, rdub

rdub gm Ken, James, every1

James-ST Moderator: hey rdub

victor has entered DayTrading Chat

ms has entered DayTrading Chat

kimmron ATYT?

julie has entered DayTrading Chat

gd has entered DayTrading Chat

jg anyone know whats up with asei being down ????

gd gm all

Ken-ST Moderator: gm victor, ms, julie, gd

birddog has entered DayTrading Chat

Ken-ST Moderator: still somewhat in a range on ATYT

Ken-ST Moderator: gm birddog

birddog gm

kimmron ty

gogo has entered DayTrading Chat

jg has logged out

guru has entered DayTrading Chat

birddog I'm in beautiful daytona beach , fl this morning

guru gm all

Ken-ST Moderator: nice birddog

Ken-ST Moderator: did you drive there?

julie RTEC

Ken-ST Moderator: gm gogo, guru

birddog It's not hawaii though

gogo Good Morning

asad has entered DayTrading Chat

birddog yes

julie EMKR

julie VPHM for those who like < $10

hobo has entered DayTrading Chat

Ken-ST Moderator: gm asad

jg has entered DayTrading Chat

asad gm all

Amlo has entered DayTrading Chat

James-ST Moderator: gm amlo, jg, hobo, asad, guru, gogo, gd, julie, ms, victor

jose has entered DayTrading Chat

James-ST Moderator: gm jose

Ken-ST Moderator: EMKR is ok, but the currently list is full of better areas

jose gm James, Ken, everyone!

Ken-ST Moderator: gm hobo, jg, Amlo, jose

Ken-ST Moderator: Good morning everyone

johnboy has entered DayTrading Chat

Ken-ST Moderator: hope you all had a agreat evening

Ken-ST Moderator: gm jb

Ken-ST Moderator: lets do a market assessment:

johnboy hey everybody

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

djgg610 has entered DayTrading Chat

Ken-ST Moderator: 5 min chart:  downtrend

Ken-ST Moderator: Hourly chart:  flat

Ken-ST Moderator: there is a slight downtrending bias to the overall market trend right now

James-ST Moderator: gm djgg, jb

Ken-ST Moderator: but really we are in a total trading range, so don't make too much of that

travman has entered DayTrading Chat

James-ST Moderator: gm travman

Ken-ST Moderator: futures are currently up 1.25

Ken-ST Moderator: still within the p/d range

Ken-ST Moderator: gm djgg, travman

travman gm everyone

djgg610 gm all

kvr has entered DayTrading Chat

James-ST Moderator: gm kvr

gd make it a profitable day!  Good luck to all.

Ken-ST Moderator: gm kvr

Ken-ST Moderator: ty gd

Ken-ST Moderator: Good trading everyone

cdy has entered DayTrading Chat

James-ST Moderator: gm cdy

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ERTS 48.45[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ERTS 48.45[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ERTS 48.45[/b]

J5 has entered DayTrading Chat

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EXBD 100.01[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EXBD 100.01[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EXBD 100.01[/b]

gd expd

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DWSN 34.77[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DWSN 34.77[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DWSN 34.77[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EXPD 100.01[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EXPD 100.01[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EXPD 100.01[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SLXP 12.49[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SLXP 12.49[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SLXP 12.49[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FNET 23.01[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FNET 23.01[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FNET 23.01[/b]

Rube 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]PCLN 27.29[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PCLN 27.29[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PCLN 27.29[/b]

James-ST Moderator: m rube

James-ST Moderator: gm

Ken-ST Moderator: ITWO near possible support area

Rube Good Morning.

dannyboy has entered DayTrading Chat

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ITWO 14.24[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ITWO 14.24[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ITWO 14.24[/b]

James-ST Moderator: CANCEL ITWO WATCH

dannyboy did you enter any trades so far?

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MANT 38.17[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MANT 38.17[/b]

dannyboy just logged in

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MANT 38.17[/b]

Ken-ST Moderator: no danny not yet

James-ST Moderator: gm danny boy, nope, just watching on left

dannyboy ok thx

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CECO 33.06[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CECO 33.06[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CECO 33.06[/b]

James-ST Moderator: ERTS CLOSE

Ken-ST Moderator Short!

Ken-ST Moderator Short!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ERTS 48.45[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ERTS 48.45[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ERTS 48.45[/b]

Ken-ST Moderator Short!

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]INSP 24.74[/b]

Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]INSP 24.74[/b]

Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]INSP 24.74[/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]MANT 38.17[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MANT 38.17[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MANT 38.17[/b]

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CECO 33.06[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CECO 33.06[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CECO 33.06[/b]

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]MANT[/b]

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

Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MANT[/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]PLXS 46.16[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]PLXS 46.16[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]PLXS 46.16[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EXPD 100.01[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EXPD 100.01[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EXPD 100.01[/b]

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

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

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

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]EXPD[/b]

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

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

jg yeah   babbbbyyyy

blk_lbl has entered DayTrading Chat

James-ST Moderator: GM BLK

blk_lbl gm!

norma has logged out

blk_lbl 3% already!

Pontiff dwsn is getting close

James-ST Moderator: yep, ty pontiff

Ken-ST Moderator: FEIC near resistance area on daily

James-ST Moderator: ERTS NEW LOD

jose has logged out

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PCLN 26.31[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PCLN 26.31[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PCLN 26.31[/b]

James-ST Moderator: ERTS NEW LOD

Ken-ST Moderator: SLXP is close

Bob has entered DayTrading Chat

James-ST Moderator: hey bob

Ken-ST Moderator: gm Bob

Bob GM

James-ST Moderator: As always gang, feel free to yell out personal trades or other stocks of note.

gogo has logged out

gd Die CECO

gogo has entered DayTrading Chat

James-ST Moderator: Market HOD, note though on daily we are nearing the upper end of a tight trading range we have seen the last few days......stochastics are overbought.

James-ST Moderator: DWSN remains close

James-ST Moderator: DOW 6 Year High

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]MANT 36.24[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]MANT 36.24[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]MANT 36.24[/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]FNET 23.01[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]FNET 23.01[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]FNET 23.01[/b]

James-ST Moderator: PCLN HOD CLOSE

Ken-ST Moderator: Careful gang, that spread is crazy

gogo has logged out

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PCLN 27.29[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PCLN 27.29[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PCLN 27.29[/b]

J5 Man, what's with FNET's spread?

JP Anyone else having problems with DAS this morning?

Rube i have no FNET

blk_lbl yah

Rube with DAS

Pontiff no what problems do you have JP?

blk_lbl not updating

JP Can't connect to quoteserver.

blk_lbl yah just logged out and now can't log back in

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SLXP 12.76[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SLXP 12.76[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SLXP 12.76[/b]

gogo has entered DayTrading Chat

James-ST Moderator: Market new HOD

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SLXP 12.76[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SLXP 12.76[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SLXP 12.76[/b]

Pontiff yea I am having problems now with DAS too!

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

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

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

J5 really pointif what?

Pontiff no updates just restarted took a while now I am on...

Rube lucky it filled my exits.. i dont wanta play with broken software

J5 maybe is the market, it's been kind of choppy for power etrade

J5 or busy networks

dannyboy has logged out

susan has logged out

dannyboy has entered DayTrading Chat

Rube it's ken and james damn commercial get all those new ppl trading

Pontiff oil down 3 bucks the last 2 days...

James-ST Moderator: lol

J5 has logged out

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CECO 33.51[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CECO 33.51[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CECO 33.51[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IPSU 32.13[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IPSU 32.13[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IPSU 32.13[/b]

j5 has entered DayTrading Chat

James-ST Moderator: IPSU RELATIVELY CLOSE

James-ST Moderator: WB J5

Ken-ST Moderator: DWSN as well

j5 what's CECO HOD, or Stop

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

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

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

Ken-ST Moderator: 33.51

James-ST Moderator: Captain Kirk must be happy

j5 thanks Ken

djgg610 slxp stop?

dannyboy amazing results so far

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DWSN 34.77[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DWSN 34.77[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DWSN 34.77[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DWSN 34.49[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DWSN 34.49[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DWSN 34.49[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SLXP 12.59[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SLXP 12.59[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SLXP 12.59[/b]

James-ST Moderator: PCLN NEW HOD

Ken-ST Moderator Update!

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

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

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

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CECO 33.64[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CECO 33.64[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CECO 33.64[/b]

James-ST Moderator: IPSU CLOSE

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IPSU 32.13[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IPSU 32.13[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IPSU 32.13[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IPSU 32.13[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IPSU 32.13[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IPSU 32.13[/b]

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

James-ST Moderator: EXPD NEW HOD

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CECO 33.64[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CECO 33.64[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CECO 33.64[/b]

James-ST Moderator: PCLN NEW HOD

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

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

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

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]CECO  [/b]

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

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

blk_lbl jesus guys

susan has entered DayTrading Chat

jg great duo   guys!!!!!!

jj good day so far huh

blk_lbl what did you have for breakfast?

James-ST Moderator: EXPD NEW HOD

j5 I had some leftover fish caserole

James-ST Moderator: CECO NEW HOD

James-ST Moderator: MARKET NEW HOD

birddog Ken and James 4 president

Pontiff Ken updated stop on DWSN?

Dale SPY has broken the barrier

James-ST Moderator: same pontiff, 34.49

James-ST Moderator: EXPD new HOD

Ken-ST Moderator: It is tight at 34.49

James-ST Moderator: SPX still has not broken any signifcant upside resistance levels.....keep this market rally in perspective ......

James-ST Moderator: significant

James-ST Moderator: EXPD still going

asad dont see why the markets will continue going higher without a good pullback

asad searching for a good reason...

asad to pullback i guess

James-ST Moderator: could be right, on the flip side, you can make an argument that the last 4 weeks hovering just under the highs is the consolidaiton

James-ST Moderator: for another run

asad earnings were not that amazing.. a few big names screwed up

James-ST Moderator: PCLN new HOD

James-ST Moderator: Live Long and Prosper

James-ST Moderator: sorry, i see PCLN i keep thinking of william shatner

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

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

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

julie s feic

julie s ipsu

James-ST Moderator: EXPD NEW HOD

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ERTS 49.39[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ERTS 49.39[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ERTS 49.39[/b]

James-ST Moderator: Wow, EXPD, nice 5% runenr

James-ST Moderator: runner

James-ST Moderator: Natural gas numbers.......

bharat james, do you think it would be viable to short expd for a point or two at this point?

julie s pcln

James-ST Moderator: bharat, it could very well work out, and eventually it does.....but we have a rule here, dont guess a top and short a stock making an all time high.......this rule has saved many.....

julie s rtec

James-ST Moderator: Couple of years ago we had some guys who would short GOOG when it was up 25 points.....saying no way it can go higher......

James-ST Moderator: imagine what happened to them

bharat ha

James-ST Moderator: When a stock breaks out to all time high......there is no resistance

James-ST Moderator: Sure it can work out......just risky with no ceiling

travman good day!

blk_lbl i remember thinking the $80 ipo on GOOG was crazy

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James-ST Moderator: yep blk

James-ST Moderator: now......hindsight shows it was a crazy bargain

j5 me too blk, I thought it might go down

j5 lol

j5 hindsight 20/20

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julie s exped

julie expd

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James-ST Moderator: Market coming off of overbought levels, stochastics are down

julie :)

James-ST Moderator: Type J's eh?

James-ST Moderator: nice julie

julie yep

julie out 1/2 feic

julie ouit 1/2 vphm

julie out 1/2 ipsu

blk_lbl he said use your noodle

blk_lbl isn't he the clever one

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Ken-ST Moderator: gj

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Ken-ST Moderator: any questions?

rdub i have 1 for the crowd

James-ST Moderator: ?

rdub do most of u guys watch all the stocks on the list at once, or pick and choose which ones to follow and wait to trigger?

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James-ST Moderator: wb gogo

julie there goes pcln

julie :))

rdub and if the former, do u have a chart up for each one, or just a quote list?

gogo hi

j5 try to watch a couple at least (as many as you can)

j5 having the charts help, as you can see EMAs, etc

j5 is it lunch already, I smell food

johnboy Julie, I really appreciate you posting your trades, and have a question for you if you don't mind. When you shorted PCLN, did you short at the recent trendlow (27.70's) or how did you determine your entry?

rdub thanks j5

julie shorted @ 28.00

j5 np

johnboy cool, good trade Julie, keep posting, we are all interested

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

James-ST Moderator: Use this time to take a break gang......market will always be here.....

James-ST Moderator: Trading by nature, is stressful and tiring.....keep sharp and avoid over trading......

blk_lbl stupid slippage

James-ST Moderator: Questions or comments?

johnboy rdub, fwiw, I try to have at least a 1 min chart for all the type B's for the first 20 minutes, when I see the chart, you can load up the level 2 with the appropriate stock

rdub cool jb ... that's alot of charts .. how many monitors u use?

johnboy that was unclear, when I see a stock get close to a trigger, I load the level 2 with that stock

johnboy 3 monitors

johnboy the charts can actually be very small

julie expd looking heavy

rdub what platform u use? ... and do u use Level II manly to decide whether to jump in early?

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johnboy I never jump in early (anymore"

johnboy I use DAS

rdub ok ... thanks

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johnboy I use level 2 only to determine the spread and to see if that stock is shortable for me, change route, etc.

j5 johnboy, do you prepare your entry trades, or place orders on the spot?

johnboy usually I prepare a limit order

johnboy but sometimes a market order with my x-keys

johnboy x-keys (is like an external keyboard preprogrammed to execute particular trades)

j5 ic, ty

j5 what do you select the stock, then x-key (prefilled ot a volume etc)?

rdub do u usually place limit right at the trigger, or if not what kind of leeway?

j5 ok, thanks guys see you all tomorrow

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jj should i keep slxp and plxs open or attemt to close in the green?

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johnboy no rdub, I allow for some slippage

Ken-ST Moderator: gm anna

James-ST Moderator: jj, personal call, we will stand by our stop

johnboy I used to be hung up on the perfect entry

James-ST Moderator: welcome anna

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jj thanks - you guys have done well today :)

annabellab gm all!

James-ST Moderator: ty jj

Ken-ST Moderator: ty jj

Ken-ST Moderator: gj

johnboy but if you are .10 past the trigger on say ERTS, then just adjust your target up .10

rdub is .10 away from trigger a typical place for your limit?

johnboy it varies, but my general rule is 10% of the stock price, ie long trigger on mant @ 38.17, I would put in a limit of 38.21

johnboy it's stupid really, I should be looser, but it took me a while to even do this

rdub ok thanks... just trying to get a feel for what others do since i seem to miss alot of them so far

johnboy look at all the triggers, add .15 to the exit price, see if they would have been filled, and you can convince yourself that you just need to get in

rdub exactly

birddog pcln did a great pullback to 20 dma after alert was issued

johnboy I can talk the talk rdub, but I still chase stocks and jump around missing entries all over, it's not just you

birddog happens to me too rdub

Ken-ST Moderator: many stocks stuck in their intrday range

rdub like trying to catch a bunch of greased weasels sometimes, that 1st half hour .... lol

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

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

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

Leslie Can anyone explain to me why PLXS would be considered for a type A trade?  Also on ITWO why was there a watch issued and then immediately canceled what did you see that you did'nt like?

Ken-ST Moderator: Type A are daily breakouts

Ken-ST Moderator: breakouts identified on their daily charts

Ken-ST Moderator: ITWO, we saw possible support noted just below the stock

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the_don gm all

James-ST Moderator: hey don

julie feic lunchtime low

Leslie ty Ken

the_don damn comps

the_don getting on my nerves

julie still in 1/2 up 2.5%

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julie rally here

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julie ipsu leg down

julie up 2.5%

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Ken-ST Moderator: wb

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James-ST Moderator: hey vikm

vikm hello james, hello all

James-ST Moderator: Anything of note, further questions or comments?

vikm no, not really. just want to observe

Ken-ST Moderator: hi vikm

vikm hello hen

James-ST Moderator: great vikm, please observe for a few days

James-ST Moderator: Did anyone see the Sentinel?

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James-ST Moderator: julie, did you see it?

julie no james

julie wow emkr

birddog James have you seen the sentinal?

James-ST Moderator: nope, just thinking it looks like 24

birddog ok

bharat anyone seen united 93?

julie expd crossing.50 hum..................

julie tough nut too crack

julie fnet hod

James-ST Moderator: yep

johnboy don't watch 24, I watched it for the first time about 4 episodes ago, and I am hooked

bharat wt i hear that from everyone.. hard to understand

James-ST Moderator: i watched the first 24......episodes......

James-ST Moderator: not a fan

JP You should pick up the first 3 seasons on DVD.  They are far better than last season or this season, IMO.

James-ST Moderator: too cheesy for me......

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James-ST Moderator: wb susan

johnboy I like the cheese

James-ST Moderator: lol

JP Opinions on WFMI?

Ken-ST Moderator: yeah 24 is awesome

julie dwsn look out below

julie ipsu up 4%

julie l pcln

julie out ipsu

julie ceco lod

julie l mant

claudia Ken - comments on CLZR possible type C?

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Ken-ST Moderator: No support from daily chart

Ken-ST Moderator: stoch in middle of trend

Ken-ST Moderator: but in utprend

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Ken-ST Moderator: wb

julie l rtec

Leslie Julie, you're good.  Do you give lessons!

julie I have a good teacher

Leslie Do you do this full time?  I'd like to.

julie full time for now.....who knows when summer starts

Leslie I hear you. My kids are grown.

julie slxp just gave a sell alert but I aint playing

julie mant handsome

julie up 1%

vikm itwo's on the move, are we looking to short it?

Ken-ST Moderator: Not during the lunch period

Ken-ST Moderator: breakouts during lunch period are often unreliable

Ken-ST Moderator: we keep trading to a minimum during this time of day

annabellab what time is the lunch over?

julie out mant

Ken-ST Moderator: 1:00

Ken-ST Moderator: but usually 1:30

julie signal still good , but i want the $

Ken-ST Moderator: it all depends on what hte stochastics look like

Ken-ST Moderator: at that time

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Ken-ST Moderator: wb

doc ken james gang later

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annabellab Lunch is from about 11:00 to 1:30?

julie vphm just gave b signal

julie not playing it

julie lunchtime..................

julie setups have to be compelling for lunchee plays

julie smart, big money and pros are having their shrimp ****tails now

julie l dwsn

julie test play

julie bad setup

julie bbl folks

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Ken-ST Moderator: Yes anna

Ken-ST Moderator: the first hour is the most active time of the day

Ken-ST Moderator: and presents the most opportunties in our opinon

Ken-ST Moderator: opinion

annabellab Great.  How about AG?

Ken-ST Moderator: in uptrends on all time frames

susan l mant

Ken-ST Moderator: still trading in recent range (AG)

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Ken-ST Moderator: wb ms

ms hi , great job on the 3.5%

Ken-ST Moderator: ty

Ken-ST Moderator: well take anything in the green

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Ken-ST Moderator: market below the 5 EMA, stoch down

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Ken-ST Moderator: wb

guru bye guys, see you all tomorrow

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Ken-ST Moderator: wb

blk_lbl thanks

blk_lbl nice performance

blk_lbl can't imagine ever not using this service

blk_lbl thanks ken/jamers

birddog nor I

birddog ty very mucho

Ken-ST Moderator: cool buy ty

Ken-ST Moderator: guys

blk_lbl jamers, did i mis any movie talk?

Ken-ST Moderator: not much

Ken-ST Moderator: they were talking about the Sentinel

Ken-ST Moderator: but not much

Ken-ST Moderator: nothing good out

blk_lbl yah

blk_lbl davinci code soon.. that's all i wanna see

blk_lbl PCLN long again for me

JP I'm looking forward to to MI3, Davainci Code, Superman and Xmen 3.

Ken-ST Moderator: yeah those look good

Ken-ST Moderator: I dont know much about DaVinci Code

Ken-ST Moderator: just a good story?

Ken-ST Moderator: none of it is real right?

gd He is Italian

blk_lbl not really

JP Oh....it's real.

JP lol

Ken-ST Moderator: lol

blk_lbl was interesting looking up the pictures dan brown cites in his book online

blk_lbl and seeing how the one dude was a girl or whatever

blk_lbl at the last supper

blk_lbl or very girl looking

gd itwo falling hard

annabellab aapl falling fast

JP I was looking to short it a while ago but no shares.

JP itwo that is.

Ken-ST Moderator: at a possible short area

Ken-ST Moderator: also we are still in hte tail end of lucnh

Ken-ST Moderator: lunch

Ken-ST Moderator: support area that is

Ken-ST Moderator: ERTS broke a long term head and shoulders top today

Ken-ST Moderator: neckline

bharat ken do you think erts will open higher tomorrow? good for a 1 day swing?

bharat im sorry

bharat not erts

bharat expd

Ken-ST Moderator: crap shoot bharat

James-ST Moderator: impossible to predict

Ken-ST Moderator: I have no strategy for that

blk_lbl come on lunch... be over already

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

georgie Thanks James and Ken, driving home now, day job keeps getting in the way

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birddog mcdonalds asian salad 4 lunch, mmmmgood

James-ST Moderator: what happened to good old fashioned artery clogging gurger and fires

James-ST Moderator: burger

James-ST Moderator: fries

blk_lbl i like wendys version better

blk_lbl gurgers are good too

James-ST Moderator: lol

birddog I getting too old 4 greasy burgers!

James-ST Moderator: as a kid, you would want mcdonalds and be sad at mom's homemade burgers.....nowadays, opposite way around

blk_lbl exactly

blk_lbl read fast food nation and then you'll never eat there again

birddog where's cale these day's??

James-ST Moderator: every other day seems like

blk_lbl he needs to bring us his RMBS mojo

birddog since rmbs??

James-ST Moderator: no idea

Ken-ST Moderator: He's probably waiting until we breakout of this range

blk_lbl probably a good idea

blk_lbl i'm not doing too hot today

birddog yea, april was tough

Ken-ST Moderator: claudia picked a nice place for that bottom on CLZR

birddog I looked @ LAST APRIL PERFORM,  WAS 19 PTS!

blk_lbl wow

birddog sorry caps

JP PCLN HOD

rdub this April 12%, not bad annualized

James-ST Moderator: lowest return we ever had i believe......and it also relfect the coppiness we endured.....

James-ST Moderator: on the brighter, when we make it through these doldrums, it can only get better

rdub if that's your worst i can't wait to see our best!

rdub your*

blk_lbl coppines?

James-ST Moderator: there is greater volume and cash flows into the market.....it should culminate into something soon

James-ST Moderator: choppiness

birddog I can't wait! gonna be nice

blk_lbl oh ok sorry

James-ST Moderator: not to be a downer on real estate, since most of us here own real estate, but historically when real estate falls the equity starts to flow into stock market.....hopefully we will see that

birddog I'll be here

birddog and ready with a basket

James-ST Moderator: That guy Moussaoui was yelling that he wins he was sentenced to life in prison instead of the death penalty.....

James-ST Moderator: But....

James-ST Moderator: he does not know what he is for....the jury was actually convinced to give him in life instead of death that they wanted......

blk_lbl are there any other exchange charts that are helpful to have open other than the SPX ?

birddog death would make him a martyr though

James-ST Moderator: Moussaoi is being sent to the Colorado Alcatraz.......

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James-ST Moderator: blk, sure you can have them all up, but the SPX is the most balanced

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James-ST Moderator: Al-Qaeda plotter Zacarias Moussaoui is now headed for a notorious fortress-like prison in Colorado where a clutch of other terror convicts are also ending their days.

 

Moussaoui, who jurors ruled Wednesday should spend the rest of his life behind bars without parole, is expected to be sent to the "Supermax" security prison in the Colorado town of Florence, dubbed the "Alcatraz of the Rockies."

birddog so they lock him up,,, disgraceful to him

James-ST Moderator: The 37-year-old Frenchman would find himself in solitary confinement in the facility that houses 399 other prisoners, including a host of other allies of Osama bin Laden and Al-Qaeda.

 

There is British 'shoe bomber' Richard Reid, blind Egyptian Muslim cleric Omar Abdel-Rahman, jailed for conspiracy after the 1993 bombing of the World Trade Center, and Ramzi Youssef, also implicated in the 1993 plot.

James-ST Moderator: "Supermax", a federal prison about 160 kilometers (100 miles) south of Denver, is in the middle of high desert, tightly controlled, technologically advanced and designed to be impossible to escape.

 

Opened in 1994, the prison was designed to keep some of America's most dangerous prisoners behind bars in stark conditions.

 

Most inmates are kept in solitary confinement for 23 hours each day, locked up in a soundproofed concrete room measuring 3.5 metres by two meters (seven foot-by-12 foot). Access is through a steel door.

James-ST Moderator: James Aiken, a former US federal prison official and now a consultant, told the Moussaoui trial that the accused man would "rot" at the Florence facility.

 

"They are in a security envelope, a security bubble. Their environment is sterile, they are isolated from the outside world and from the prison world," said Aiken, who gave evidence for the defence case against the death penalty.

 

"If a prisoner has a heart-attack, security protocol has to be followed before that lock may be opened and medical personnel can come in," Aiken explained.

James-ST Moderator: "He doesn't know yet, but under such conditions," Aiken warned, "as time goes by they rot."

 

Cells, starkly illuminated by neon lights, consist of a desk, stool, and bed which are built entirely out of concrete, as well as a toilet and shower. A small slit-window high up in the cell allows some natural light.

 

According to reports, prisoners rarely see each other and their only human contact is limited to the prison guards.

 

The prison is designed so that one guard can control the movements of numerous prisoners in several cell blocks by way of electronic doors, cameras and audio equipment.

blk_lbl that's fascinating

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birddog wow u type fast

blk_lbl you can't do well without other human interaction

James-ST Moderator: In essence, the jurors were told to give him life instead of death...........

James-ST Moderator: 23 hours a day locked in a small box......rarely seeing anyone for life.........

James-ST Moderator: wow

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birddog kinda like me ,driving a cross country truck

birddog lol

James-ST Moderator: you are a truck driver bird?

birddog yes

James-ST Moderator: high paying though......but isnt it kinda based on speed?

birddog I do about 120,000 per year, gets  old though

birddog fedx loads chicago to miami

James-ST Moderator: how many hours is that trip?

birddog still have time to trade, the best part

James-ST Moderator: yep

blk_lbl EMKR

birddog takes about 4 days,,

Rube i have a 4 hour local route and that's bad enough.. 4 days i couldn't imagine

James-ST Moderator: EMKR.....10.89 best stop..careful, quite overbought

birddog solitary confinement

James-ST Moderator: yeah, bird, 4 days is rough ........

James-ST Moderator: Let's see if any triggers are close:

James-ST Moderator: ERTS - middle of the day's range

Ken-ST Moderator: shorts in EMKR from this morning must be thinking ...WTF  and pulling out hairs

James-ST Moderator: EXPD, HOD is valid, abouta dollar stop if triggered, held averages, and stochastics look good

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EXPD 105.20[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EXPD 105.20[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EXPD 105.20[/b]

James-ST Moderator: MANT will evaluate if it gets closer to HOD

James-ST Moderator: FEIC - note this morning no HOD trigger, resistance on daily noted

James-ST Moderator: FNET - will check if it gets closer to HOD

johnboy ...just hit a black bear with a rock.......adrenaline rush to the max....whew

James-ST Moderator: hahhahaha

johnboy no joke

James-ST Moderator: danger of living in the boonies

Ken-ST Moderator: lmao

johnboy just got back from walking thd dogs and the bastard was in the carport

James-ST Moderator: PCLN HOD..........hmmm............

Rube colbert warned you bout bears

Ken-ST Moderator: wow, are you serious?

Ken-ST Moderator: in the carport?

birddog oh jb, your always messing with us

johnboy no one where for him to go but past me

birddog lol

johnboy I'm done for the day, I could have kicked him

James-ST Moderator: jb, i saw a picture on the internet the other day of a hiker meeting a bear...........

johnboy it's not as much fun as it sounds

James-ST Moderator: actually it was just the hikers legs

johnboy he was only about 200 pounds, but big claws

Ken-ST Moderator: dude, that close?

James-ST Moderator: PCLN we will hold off......making new highs right now though quite overbought

johnboy my little dog, whiskey, 40 pounds ran him off, and the deaf dog tried to nip the bear in the butt

Ken-ST Moderator: he's probably going to go home and tell his dad what happened

johnboy and nothing I could do, can't call back a deaf dog

James-ST Moderator: lmao

Ken-ST Moderator: lmao

Rube lol

James-ST Moderator: IPSU no LOD trigger

johnboy so with that, off to have a shower, and relax with a pilsner before work.......have a profitable afternoon everybody

James-ST Moderator: ok jb take care bud

Ken-ST Moderator: ok jb take it easy

johnboy has left the room

James-ST Moderator: CECO no LOD trigger

birddog see ya jb

Ken-ST Moderator: ok gang, I need to step away for 10 minutes

Ken-ST Moderator: brb

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James-ST Moderator: Questions or comments?

James-ST Moderator: Bring up other stocks of note, or personal strategies / trades..........

James-ST Moderator: Julie, bring up your Type J's.

gd rmbs hod trade?

James-ST Moderator: does not fit strategy for us, congestion daily.....if you enter, we can recomend stops

asad james what about peix

James-ST Moderator: if you short, use 35.11 as a stop

asad what about long here

James-ST Moderator: 33.99

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EXPD 105.20[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EXPD 105.20[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EXPD 105.20[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EXPD 103.99[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EXPD 103.99[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EXPD 103.99[/b]

James-ST Moderator: Market trading slightly above 50 ema on 5 minute chart, stochastics are up.

annabellab would that be a stop limit order at 103.99?

James-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]CECO 32.07[/b]

James-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]CECO 32.07[/b]

James-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]CECO 32.07[/b]

James-ST Moderator: yes, anna, or you can set your alert and do it manually if it triggers

annabellab thanks, is that a limit sell, or stop limit sell?

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Ken-ST Moderator: wb

gd I think you may have a good call on ceco if it triggers

birddog c'mon expd!

blk_lbl i'm already long CECO, it's gotta be a runner like RMBS yest

gd where are you long from?

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James-ST Moderator: EXPD, cmon stop prove to be support.......

blk_lbl 31.84

James-ST Moderator: Market still in an uptrend

blk_lbl ah maybe not runner on CECO, prob just play with the 50ema on the min chart

blk_lbl holy crap

birddog expd recovering

Ken-ST Moderator Update!

Ken-ST Moderator: Gang, CECO may do it , but we will cancel it for now....

Ken-ST Moderator: Cancel CECO alert

Ken-ST Moderator: market stoch approaching overbought area

Ken-ST Moderator: any questions?

Ken-ST Moderator: market still in range gang

Ken-ST Moderator: take it easy on the trading

Ken-ST Moderator: market will get better in time

Ken-ST Moderator: we have employment numbers out tomorrow

vikm what's the call on FEIC?

Ken-ST Moderator: hopefully it will light a fire under this market

Ken-ST Moderator: nothing right now Vikm

Ken-ST Moderator: we will watch for consolidation near hte hod

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Ken-ST Moderator: wb goog

Ken-ST Moderator: gogo

gogo hi

birddog expd stop still same??

Ken-ST Moderator: yes it is relatively tight there

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Ken-ST Moderator: wb

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Ken-ST Moderator: wb

kimmroni ty Ken

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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]PLXS[/b]

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

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

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

blk_lbl when the heck was that opened

Ken-ST Moderator: this morning

Ken-ST Moderator: Type A need patience

Ken-ST Moderator: at times

Ken-ST Moderator: Plan is delivered before the day starts

Ken-ST Moderator: just set it and forget it

blk_lbl no kidding

blk_lbl i would have had to borrow some patience for that one

Ken-ST Moderator Update!

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

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

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

asad gold an new hod

annabellab stopped out expd

birddog brb

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Ken-ST Moderator: market coming off overbought levels

Ken-ST Moderator: market dipping below the 5 ema

asad market lower from here ..ken?

asad spx has just not been able o clear 1315-1320

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Ken-ST Moderator: wb

birddog ty

Ken-ST Moderator: not saying that

Ken-ST Moderator: market is in a range

Ken-ST Moderator: remains in a range

Ken-ST Moderator: Im just wondering how many times the market can hit near breakout levels over the past weeks and not do it

Ken-ST Moderator: the bears must be frustrated as hell

Ken-ST Moderator: as well as the bulls for that matter

Ken-ST Moderator: but in the face of rising rates

Ken-ST Moderator: rising oil

Ken-ST Moderator: bears have yet to get ahold of this market

asad have a feeling...running outta good news of the economy..may generally down month..post earnings perios into a weak quarter..

vikm question. with any of the breakdowns or breakouts do you guys wait for the price to revert back before buying or do you buy the first time resistance or support is taken out?

Ken-ST Moderator: first

Ken-ST Moderator: one sec

birddog Ken/James pcln short??

James-ST Moderator: bird, showing weakness here, but wouldnt short a stock breaking out to new highs

birddog ty 4 looking, will avoid

Ken-ST Moderator: actually if you go back aabout a year and a half

jj is ceco cancelled?

Ken-ST Moderator: that is the top end of the recent range

Ken-ST Moderator: yess JJ we canceled that

James-ST Moderator: hate this stinking market.......1315   down to 1295, back up, back down, back up .........

James-ST Moderator: last 6 weeks or so

Ken-ST Moderator: but with just 1 hour left in the day birddog, and market in  a range

Ken-ST Moderator: we will stay clear

birddog ok

Pontiff has left the room

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

James-ST Moderator: Questions or comments, anything else of note?

Ken-ST Moderator: gang, this market is in holding pattern until tomorrows employment report

Ken-ST Moderator: terrible conditions