05/12/06 Chat Session
Ken-ST Moderator: gm claudia
claudia: gm ken, everyone
georgie: gm
James-ST Moderator: gm all
claudia: gm james
Pontifficator: gm gang
Ken-ST Moderator: gm James,
Pontif
doc: gm gang
doc: gm gang
j5: no picks today? I'll just
take the day off, LOL - GM everyone
doc: gm
James-ST Moderator: gm all
j5: i'm getting terrible lag
j5: ok, now better
Clyde-Harmon Trading: gm
everyone
rdub: gm everyone
Ken-ST Moderator: gm everyone
Ken-ST Moderator: wow, blk, is
up
blk_lbl: my head hurts
James-ST Moderator: lol
James-ST Moderator: gm rdub,
blk, j5
blk_lbl: gm all
birddog: gm
nyy2: gm
guru: gm to all
Dale _)
Dale gm :)
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Ken-ST Moderator: wb all
Ken-ST Moderator: gm
ms has entered DayTrading Chat
Ken-ST Moderator: sorry, the
servers have been acting up
alex has entered DayTrading
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Ken-ST Moderator: third party
hosting
Ken-ST Moderator: gm ms, alex
ms gm
alex morning all
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JP GM
annabellab gm all
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James-ST Moderator: gm nyy,
traderjoe, annabell, blk, gogo, jp, ictor, chuck,
limey, ms, everyone i missed
JP BRNC?
gogo good morning
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Ken-ST Moderator: gm limey,
chuck, victor, JP gogo, blk, JP, anna, trader joe,
nyy, Dan, matt
Ken-ST Moderator: gm j5
matt gm everyone
j5 hey, guys
matt hi Ken
matt hi James
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Ken-ST Moderator: gm hobo
claudia CAKE?
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James-ST Moderator: gm hobo,
matt, doc, j5, julie,
j5 no types A today?
j5 hey james
julie gm traders
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tomi gm
Ken-ST Moderator: Yes, sorry no
Type A today
Ken-ST Moderator: gm tomi
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Dale gm julie
Ken-ST Moderator: CAKE still in
recent range
Ken-ST Moderator: gm Solby,
Pontif
Ken-ST Moderator: good morning
everyone
Ken-ST Moderator: hope you all
had a great evening
Ken-ST Moderator: Market
Assessment:
Ken-ST Moderator: Daily chart:
below the 5 day EMA, stoch down
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Ken-ST Moderator: Hourly
chart: downtrend
Ken-ST Moderator: 5 min chart:
downtrend
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Ken-ST Moderator: We have an
overall downtrending bias to the market
Ken-ST Moderator: gm jg, jose
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travman gm all
jose\ gm Ken, James, everyone!
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tryhard gm
Ken-ST Moderator: as mentioned
near the close of yesterday, bulls should be very
cautious short term market
Ken-ST Moderator: gm jose,
tryhard
James-ST Moderator: gm tryhard,
jose, travman, jose, jg, solby, anyone i missed
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James-ST Moderator: gm jy
jy gm
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entered DayTrading Chat
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claudia has logged out
James-ST Moderator: HANS pull
back continues, 22 bucks from those highs we just
saw wednesday
James-ST Moderator: GOOG new
trend lows
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James-ST Moderator: Market
taking out yesterday's lows
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jj gm all
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Ken-ST Moderator Update!
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Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]MOGN
20.01[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]MOGN
20.01[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]MOGN
20.01[/b]
James-ST Moderator: Yell out
any stocks of note, or personal trades......
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]EXPE
14.99[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]EXPE
14.99[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]EXPE
14.99[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]JOBS
27.91[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]JOBS
27.91[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]JOBS
27.91[/b]
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brady gm all
James-ST Moderator: hey brady
Ken-ST Moderator: gm brady
Ken-ST Moderator: EXPE is close
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]EXPE 14.99[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]EXPE 14.99[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]EXPE 14.99[/b]
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]EXPE
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]EXPE
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]EXPE
[/b]
James-ST Moderator: SPX 1300,
stochastics are down
jg has logged out
Ken-ST Moderator: I could be in
for a soda today
j5 still having trouble with
limit orders, it moved right over my limit :(
jose\ has logged out
James-ST Moderator: Market
testing 50 day ema on daily chart.
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James-ST Moderator: gm john
j5 ken/james should I just put
in a market order instead of limits
birddog j5 what was your limit
order set at?
Ken-ST Moderator: I like market
orders
Ken-ST Moderator: I use them
most of the time on entries
Ken-ST Moderator: exit on
limits
Ken-ST Moderator: but every
traders is different
James-ST Moderator: SPX sub
1300
birddog yea cuz expe jumped
down .10 after it hit trigger
Ken-ST Moderator Update!
Ken-ST Moderator: CANCEL SAFT
WATCH
birddog prob right over limit
orders
j5 limit at 14.99, i placed the
order when it hit 15.01 or o
j5 ok, thanks ken, learning
from the pros
georgie j5 I sometimes have
same problem but most of the time I get filled on
limits. I had terrible trouble with stop limit
orders
Ken-ST Moderator: you are
playing breakouts
Ken-ST Moderator: limits right
at the trigger will likely not fill you
Ken-ST Moderator: only on
retracements
j5 yes, I had trouble with
stop/limits before, not doing that anymore
john has logged out
j5 ic ken
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Ken-ST Moderator: gm RoG
birddog thanx Ken and James, I
made my 250 bucks. I'll talk at ya monday morning,
hava good week-end
j5 what about stop orders that
turn into market?
birddog has left the room
j5 congrats birddog, good
weekend
James-ST Moderator: gm rog
Ken-ST Moderator: gj birddog
Ken-ST Moderator: thats the way
to do it gang
Ken-ST Moderator: make your
money quick today and run
RoGeRj GM KEN & JAMES
j5 go on, take the money and
run...
j5 or even better, money for
nothing and chicks for ___
georgie Ken out of interest,
why was SAFT watch cancelled?
Ken-ST Moderator: acting like a
buyout
Ken-ST Moderator: its not
though
Ken-ST Moderator: but the range
is .10
Ken-ST Moderator: not a good
stock to trade
georgie ok thanks
Ken-ST Moderator: np
James-ST Moderator: Market
appears to have found some support at SPX 1300,
stochastics are up
Dan PEIX
julie hees crushed in a nano
second
Ken-ST Moderator Update!
Ken-ST Moderator: [b]CANCEL
HEES WATCH. SPREAD IS HUMANGOUS[/b]
Dan excellent word and spelling
Ken-ST Moderator: [img id=em-8]
doc BLK was it blk, blue or
macallen
Ken-ST Moderator: PEIX in
recent range
Ken-ST Moderator: but watching
Ken-ST Moderator: closely
j5 oh, you got to love fridays
j5 hey, what do you guys think
of Vonage's IPO?
j5 i bet ya lots of people are
gonna swithc out of companies like verizon at&T, etc
after yesterdays disclosure of records
traderjoe whoops, mistake
traderjoe I whispered by
accident, sorry guru...
James-ST Moderator: Qwest was
only one to decline?
j5 EXPE near HOD
traderjoe thats what I heard on
the radio right now, too
j5 yes james, they were worried
clients would file suit
j5 well, dah!
James-ST Moderator: very little
market action, still tight range......
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Ken-ST Moderator: is it just me
who has messed up intraday charts?
Ken-ST Moderator: EXPE , AAPL
GOOG, MOGN
Ken-ST Moderator: due to
extremely low prints
johnboy my charts seem ok
j5 yeah EXPE is right on the 15
line, hard to see
johnboy but EXPE seems like it
is flatlining, it needs a defribulator?
matt I guess I'm taking an
early weekend guys, I get bored quickly... maybe
I'll come back after lunch, but if not, happy
trading all!
j5 very small candle bodies
Select a user first
matt has logged out
James-ST Moderator: ok matt
take care bud, have a great weekend
Ken-ST Moderator: ok matt
Ken-ST Moderator: take care
j5 rookie question, why not
setup EXPE at HOD?
Ken-ST Moderator: its valid
Ken-ST Moderator: Just checking
with another chart
Ken-ST Moderator: sorry
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]EXPE
15.26[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]EXPE
15.26[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]EXPE
15.26[/b]
j5 cool
James-ST Moderator: Market
stochastics still up.....testing 20 ema on 5 minute
chart
Ken-ST Moderator: LONG has a
valid short setup at a new lod
Ken-ST Moderator: but the stock
is thin and spread is humangous at times
jy EXPE has to overcome the
15.05 level
Ken-ST Moderator: play at your
own risk, we will not issue
duane has left the room
Ken-ST Moderator: lol
Ken-ST Moderator: they are
talking about Dell's service
Ken-ST Moderator: That is the
largest complaint
Ken-ST Moderator: I've heard
about them
Ken-ST Moderator: from friends
relatives
Ken-ST Moderator: everyone
j5 really, good to know
Ken-ST Moderator: I was totally
turned off last time I had to deal with them
j5 you get what you pay for...
Ken-ST Moderator: they
outsource everything to India
j5 ken, that's the case with
just a bout every company
j5 ever called norton service
Ken-ST Moderator: nope
traderjoe I get about 5 calls a
week from people with THICK indian accents, asking
me about refi-ing my house- once you show interest
they transfer you back to the states..
jy EXPE is testing the
15.05level now
traderjoe has logged out
j5 man, I feel sorry for you
traderjoe, have you listed yyour # on do not call
list
johnboy you should call my
local phone company, they thank you for choosing
them, and when you say, well you guys have a
monopoly, I actually hate you guys, then the awkward
silence........
Ken-ST Moderator: labor is
extremely cheap there
James-ST Moderator: Market
decline, threatening LOD
Ken-ST Moderator: lmao
Ken-ST Moderator: crickets
James-ST Moderator: lol jb
jy market is at lod SPX
@1299.49 broke the 1300 level.
James-ST Moderator: Market new
LOD
j5 not for long jb, watch out
for vonage like companies
j5 of course they'll still own
the comunication lines
jy EXPE is holding onto 15
blk_lbl i can't wait for the
line owners to start charging for bandwidth usage
blk_lbl hogwasth
blk_lbl hogwash
georgie has left the room
j5 ken/james, no triggers in
almost 1hr? does this mean the market is not setting
up correctly according to the trading model?
blk_lbl or types of bandwidth
usage rather
James-ST Moderator: j5, the
stocks on watch list are not setting up......we will
not force triggers......
j5 sure, np, just wondering, it
seems odd no setups, maybe is not a good trading day
for this system at least
j5 i meant, no triggered setups
julie l cresy
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James-ST Moderator: Market
fighting with SPX 1300.......
James-ST Moderator: jy, what is
your current market assesment? you have been the
most correct here for awhile that the market would
continue to make more highs.....
James-ST Moderator: Market new
LOD
moof mogn s lod?
j5 spx seems at the daily
uptrend support of the recent lows, we'll have to
wait and see, i guess
James-ST Moderator: moof, could
work out, does not fit strategy for us though
moof ty
chuck thanks for another good
week guys, have a great weekend
James-ST Moderator: good to
hear chuck
James-ST Moderator: have a
great weekend bud
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annabellab TIE short?
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James-ST Moderator: nice anna,
same, could work, but does not fit strategies for
us, no gap
annabellab k
j5 ken, what's the minimum
'gap' to be considered a gap?
James-ST Moderator: really no
minimum, as long as it gaps into new territory
James-ST Moderator: a stock
could gap 5 bucks, but if it gaps into congestion on
daily it will not be a play for us
j5 sorry, the questions, no
much action (last question for the day I promis) :)
Ken-ST Moderator: rather gaps
out of a range
Ken-ST Moderator: the gap can
be .05 if it is out of a range
Ken-ST Moderator: then check to
see where it is gapping itno
Ken-ST Moderator: into
j5 cool, interesting
Ken-ST Moderator: if into
recent range, then forget it
j5 yes, check for previous
day's congestion
Ken-ST Moderator: often you
will find that the small gaps out of a range are
awesome, its just hard to find
Ken-ST Moderator: not just one
day
Ken-ST Moderator: if you are
gapping out of a 1 month congestion
j5 cool, thanks
Ken-ST Moderator: the longer
the better
j5 EXPE near LOD
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JP JOBS near HOD
Ken-ST Moderator: wb
James-ST Moderator: GOOG new
LOD
rdub anna nice call TIE sh
j5 lol EXPE is near everything
James-ST Moderator: Market new
LOD
Ken-ST Moderator: metals
getting crushed today
j5 wow look at JOBS spead
Ken-ST Moderator: CENX
Ken-ST Moderator: TIE
j5 little better now, it was
.21 spread there
j5 nice TIE, still going
annabellab thanks
j5 and going...
limey PEIX is doing a TIE !!
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annabellab short tie you think,
or no?
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James-ST Moderator: Market new
LOD
j5 well, too late now
James-ST Moderator: GOOG new
LOD
Dan no chasing
Ken-ST Moderator: the only
trade signal we have for that is the 5 ema on 5 min
Ken-ST Moderator: to catch
momentum plays like that
James-ST Moderator: again gang,
we cant give recomendation on stocks outside of
watch list, only help with stops or help to decipher
the charts
Ken-ST Moderator: one ideas is
to wait for rallies to the 5 ema on 5 min
Ken-ST Moderator: then short at
a new lod
j5 I wouldn't now anna, but
good call
Ken-ST Moderator: with a stop a
penny above the retracement
Ken-ST Moderator: nice call
anna
j5 look at the candle, how is
turningn into a reversal as we speak, cool
annabellab thanks.
julie anyone in cressy?
j5 ken, like that, for TIE?
j5 but still on prev day's
congestion though
julie nvda lod................
Ken-ST Moderator: yes now its
testing the 5 ema,
Ken-ST Moderator: but
Ken-ST Moderator: note
Ken-ST Moderator: we are coming
close to the turn time in the market
Ken-ST Moderator: risky
Ken-ST Moderator: market
oversold
j5 yes ic it, thanks ken
j5 ok, i guess is lunch time,
good weekend all
j5 has left the room
Ken-ST Moderator: take care j5
Dan has logged out
tomi has logged out
traderjoe Ken, you normally
take lunch break at 11am? I thought the market
normally softened closer to noon or 1pm?
Ken-ST Moderator: we stop
alerts at 11:00
Ken-ST Moderator: we may hold
open as long as 11:30
Ken-ST Moderator: depending on
the stochastics of the market
Ken-ST Moderator: today would
be ok to hold open long alerts
Ken-ST Moderator: but nothing
really close
traderjoe cool.
traderjoe Market is low enough
that any return to HOD should signal a pop?
nyy2 how about ctxs
rdub Ken, per yesterday, does
the lunchtime trade halt not apply to type C's? (BRCM,
CTXS)
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julie goodnite nvda
rdub new IPO just out ..BWTR
rdub (25 min ago)
rdub perfect 45 degree trend on
1-min
James-ST Moderator: Anyone
recall that stock HOKU that Cramer was pumping?
Jumped from 6 to 12......wonder how those people who
bought the next day at 12 feel now.
traderjoe about as smart as
they deserve... :)
James-ST Moderator: yep
rdub James would you (or Ken)
be able to answer my question above, re type C's?
... thanks
julie has logged out
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Ken-ST Moderator: one TIE?
rdub question was whether
lunchtime trade "ban" applies to type C's
Ken-ST Moderator: no lunchtime
is ideal for Type C
rdub ok thanks
Ken-ST Moderator: CTXS , BRCM
no persistent trend under the 5 min 5 ema
rdub those were yesterday's
type C
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moof jobs trigger still valid?
jj jobs is getting close
rdub not sure jj, but I think
type B's cancelled during lunch
Ken-ST Moderator: not valid
Ken-ST Moderator: lunch period
nyy2 has left the room
moof thanks Ken
Ken-ST Moderator: np
de_bjs has logged out
Ken-ST Moderator: lol
Ken-ST Moderator: No one likes
Bush
johnboy I like Jenna, fwiw
Ken-ST Moderator: and the ones
that say they like Bush, later change their mind,
when I clarify that I am refering to the President
Ken-ST Moderator: lol jb
johnboy lmao
johnboy is Bush in there until
2008?
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Ken-ST Moderator: wb de
Ken-ST Moderator: yes jb
Ken-ST Moderator: so I dont
know about scalping Bush long when approval goes to
30%
traderjow Unless the dems get
their act together and push for impeachment... but
whatever
Ken-ST Moderator: you will have
to stress for year and a half
johnboy yeah, I guess a Bush
straddle during the runup to the election would be
safer
traderjow don't you wish you
could go to market with this
traderjow Ken: so Swingtrade
does not "support" Type B triggers during lunch...
or you just don't add any more Type Bs...
Ken-ST Moderator: we do not
play any TYpe Bs during lunch
Ken-ST Moderator: we may look
for more once the lunch period is over
traderjow ok
Ken-ST Moderator: must have
someway to play his approval ratings
Ken-ST Moderator: someone in
this world would house any bet
traderjow Ken: can you tell me
why you use Stoch instead of RSI?
Ken-ST Moderator: We use both
Stoch and MAs
Ken-ST Moderator: Stoch great
for stocks in range
Ken-ST Moderator: and MAs great
for trending
traderjow good to know, thanks!
travman has left the room
Ken-ST Moderator: yw
Ken-ST Moderator: no indicator
is really better than another imo
Ken-ST Moderator: it is how it
relates to your strategy
traderjow true., true; thats
why I was asking why you used what you do...
Ken-ST Moderator: been using a
long time, very comfortable with it
Ken-ST Moderator: have tried
tons of indicators out there
Ken-ST Moderator: but
ultimately realized that the simplest as the best
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Ken-ST Moderator: wb
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Ken-ST Moderator: wb
nyy2 ty
Ken-ST Moderator: market above
the 5 ema, stoch up
gogo has logged out
Ken-ST Moderator: [b]Intraday
Trend is Sideways to Up[/b]
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Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for possible Type C Buy on[/b] [b]ISRG 117.91[/b]
Ken-ST Moderator: [b]Watching
for possible Type C Buy on[/b] [b]ISRG 117.91[/b]
Ken-ST Moderator: [b]Watching
for possible Type C Buy on[/b] [b]ISRG 117.91[/b]
traderjow ken: this means that
you are calling 117.91 as the signal for a BUY (move
up) correct?
Ken-ST Moderator: yes
James-ST Moderator: correct joe
Ken-ST Moderator: stop is
really tight at lod
Ken-ST Moderator: if triggered
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE C
Trade (Bottom). Consider Buy[/b] [b]ISRG 117.91[/b]
Ken-ST Moderator: [b]TYPE C
Trade (Bottom). Consider Buy[/b] [b]ISRG 117.91[/b]
Ken-ST Moderator: [b]TYPE C
Trade (Bottom). Consider Buy[/b] [b]ISRG 117.91[/b]
blk_lbl peix
Ken-ST Moderator: PEIX in
middle of days range
Ken-ST Moderator: uptrending
bias
blk_lbl not particularly strong
evidence for long, i know, but might buy on that
uptrending bias
blk_lbl just crossed open a
while ago
blk_lbl DMI / ADX indicator on
5 min just now indicating buy on ISRG
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blk_lbl guess not on PEIX
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Ken-ST Moderator: wb
Ken-ST Moderator: any
questions?
rdub Ken I'm kind of curious as
to why there wouldn't have been more short
candidates on the list for a day like today, with so
much downside potebtial
rdub potential*
Ken-ST Moderator: a lot of
stocks got hammered yesterday
Ken-ST Moderator: there would
have been more if we were coming off of a
consolidation day
Ken-ST Moderator: it becomes
more risky if you are trying to short stocks after a
huge down move
rdub thanks
Ken-ST Moderator: after the
huge run up in stocks
Ken-ST Moderator: the pullback
is putting stocks back into recent ranges
Ken-ST Moderator: like TIE
Ken-ST Moderator: recent
trading areas
Ken-ST Moderator: JOYG
Ken-ST Moderator: RACK
Ken-ST Moderator: hey checkout
RACK
Ken-ST Moderator: it is setting
up for a nice possible trade on monday
Ken-ST Moderator: if it takes
out Thursdays low
Ken-ST Moderator: today, nice
consolidation day
Ken-ST Moderator: for that
stock
Ken-ST Moderator: that is ideal
example
Ken-ST Moderator: no recent
trading below
jj has logged out
traderjow what should have been
my stop on ISRG?
blk_lbl hey nice RACK
Ken-ST Moderator: stop is at
lod tj
traderjow got it
Ken-ST Moderator: 117.23 next
tightest stop now
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ISRG 117.23[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ISRG 117.23[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ISRG 117.23[/b]
Solby has logged out
traderjow isrg, target?
blk_lbl hey ken, do you guys
ever use the (TRIN$) index to help determine market
direction?
blk_lbl 199.08 on ISRG no?
blk_lbl 119.08 i mean
blk_lbl i wouldn't complain
about 199 tho
annabellab TIE
Ken-ST Moderator: we do not use
TRIN
Ken-ST Moderator: we look at
what the market is
Ken-ST Moderator: with stoch
and MAs
Ken-ST Moderator: we have a 1%
target price of 119.09
djg610 has logged out
de_bjs has logged out
de_bjs has entered DayTrading
Chat
Ken-ST Moderator: market went
to a slight new lod
Ken-ST Moderator: wb
Ken-ST Moderator: 1:00 turn
Ken-ST Moderator: we will not
issue any early alerts
traderjow isrg still looking
strong... or are the signs weakening against this
long position?
Ken-ST Moderator: still within
our trade parameters
Ken-ST Moderator: Type C often
need time to play out
Ken-ST Moderator: not always
Ken-ST Moderator: but give it
room as it forms the bottom
traderjow cool, just tryin to
edumicate myself :)
Ken-ST Moderator: it is coming
off the retest of the lows
Ken-ST Moderator: cool tj
Ken-ST Moderator: lol edumicate
Ken-ST Moderator: If ISRG takes
out the 118.60 area, you may see a flurry of buying
come in as it takes out the last highs, and the 20
EMA on 5 min
Ken-ST Moderator: market
support wouldnt hurt either
traderjow pray for post-lunch
market turn... but arent Friday afternoons awfully
whip-sawish?
Ken-ST Moderator: In general I
see more trending days on Tuesday, Wed and Thrus
Ken-ST Moderator: Friday may
see a lot of consolidation days
Ken-ST Moderator: so we are
slightly down todya
Ken-ST Moderator: not out of
question to have rally back up
Ken-ST Moderator: bot no
guarantees
Ken-ST Moderator: this is the
market
johnboy what a weird day, the
city came around with a backhoe and cleaned up a
bunch of slash from my front yard for free,
unannounced
johnboy it turns out that when
they replaced a blown water main and left a gaping
hole last fall, they intended to fill it this
spring, but I fiiled it with slash and they have to
move, man are they pissed at me
rdub may I ask what is "slash"?
johnboy oh, tree branches
johnboy basically, any part of
a tree that is not good for lumber or firewood
rdub ty
johnboy hehe, and they were
giving me static about the bear trap..........it's
not like I put it there, I don't even want it, cuz
if I start drinking tonight, I may get stuck in
there
blk_lbl lol all those tress you
cut down the othe day
blk_lbl trees
johnboy yeah, blk, I thought
that I would have to clean that up this weekend,
they saved me hours, as I was going to use a rope
and the pickup
johnboy they have 3 dump trucks
already full (about 36 cu yds I'd guess)
blk_lbl that's hilarious
blk_lbl nice job jb....way to
make your tax dollars work in your favor
James-ST Moderator: Dow another
triple digit loss.....[img id=em-5]
johnboy yep, they paved 1/2 my
driveway last fall too
blk_lbl are you serious?
gogo has entered DayTrading
Chat
blk_lbl jesus christ on ice
skates ..you're making out man
johnboy yep, they had to dig it
up a 30 year old driveway to fix a pipe and they
gave me a brand new one back
Ken-ST Moderator: lol jb
Ken-ST Moderator: thats awesome
johnboy still have about 25
trees to fall still though, and they are all tricky
blk_lbl ha... you should live
in vegas.... we don't believe in trees here
blk_lbl just rocks and dirt
Ken-ST Moderator: you had
better cut them down and fill it into your big hole
again before THEY fill it up
johnboy went to Vegas once to
see some Grateful Dead shows, but don't remember
much..................
blk_lbl lol
Ken-ST Moderator: market early
sign of an intraday pause or bottom
johnboy no Ken, best not to
piss up union workers in heavy equipment
Ken-ST Moderator: market stoch
near the lod
blk_lbl finally
blk_lbl AZPN
blk_lbl come on ISRG
Ken-ST Moderator: market went
to new lod then quick shot up above the 5 EMA
Ken-ST Moderator: stoch near
oversold
Ken-ST Moderator: which is why
there is a chance for at least sideways to up from
here
jy o.k. how are things ? I just
came back from lunch.
JP JOBS a valid HOD play?
jeff 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]JOBS
27.91[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]JOBS
27.91[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]JOBS
27.91[/b]
Ken-ST Moderator: we'll open
them up just a tad early here
Ken-ST Moderator: Come on ISRG,
make our day baby
Ken-ST Moderator: hey Jeff
blk_lbl back in business ISRG
traderjow 5 min chart shows up
trend... 15 shows strong support at sub 18...
Ken-ST Moderator: 20 EMA is at
118.16
Ken-ST Moderator: area
traderjow so that means...
possible resistance or possble bump at 188.16?
Ken-ST Moderator: right now
Ken-ST Moderator: would love to
see a surge above that to get things goign
Ken-ST Moderator: I feel
intraday market is in our favor right now
Ken-ST Moderator: [b]Intraday
Trend is Sideways to Up[/b]
blk_lbl level 2 on ISRG going
crazy...spread up to .20 at times
jy stop on ISRG lod = 117.01 or
116.99
traderjow ISRG getting some
action finally!
jy anyone has the stop on ISRG
?
Ken-ST Moderator: 117.23
jy ty ken.
Ken-ST Moderator: thats nothing
blk
Ken-ST Moderator: thats just
like csco with .02 spread
traderjow jobs is sure testing
its bottom right now...
asad has entered DayTrading
Chat
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for possible Type C Buy on[/b] [b]JOYG 64.56[/b]
Ken-ST Moderator: [b]Watching
for possible Type C Buy on[/b] [b]JOYG 64.56[/b]
Ken-ST Moderator: [b]Watching
for possible Type C Buy on[/b] [b]JOYG 64.56[/b]
Ken-ST Moderator: less than 1%
stop if triggered
James-ST Moderator: Very slow
day for us trigger wise......
traderjow is that bad or good
in your experiences...
jy JOYG stop if ttriggered =
lod 64.11 ?
James-ST Moderator: correct
jy ty
James-ST Moderator: [img
id=em-8]
traderjow is jobs dead yet
traderjow ?
James-ST Moderator: still in
day's range, could find support fromt he 50 ema on
the 5 minute chart......would help to set a tight
stop if triggered.....but then again, no trigger no
problem for us
traderjow true, true
johnboy slow day, anyone
trading anything exciting?
traderjow all my tech stocks
are everywhere... not even good sideways trending
JP Think I'm going to call it a
day. Have a good weekend everyone.
James-ST Moderator: Anyone with
interesting plans for the weekend?
James-ST Moderator: hey jp take
care bud
JP has logged out
blk_lbl AZPN still
James-ST Moderator: Anyone
planning on seeing Poseidon?
johnboy nah, looks lame imho
James-ST Moderator: EXPE new
LOD.....would be a trigger here and could work
out.....however with such a down market we will not
chase
James-ST Moderator:
yeah.....action though, may see it
blk_lbl they're saying it's
supposed to be biggest financial disaster for movie
industry ever?
James-ST Moderator: [img
id=em-5]
James-ST Moderator: wow, there
were some big disasters though.....
blk_lbl that's what somebody
was saying on CNBC i guess
James-ST Moderator: How much
did it cost to make?
johnboy no, that was Police
Academy 14
James-ST Moderator: lmao
blk_lbl lol
blk_lbl don't know
James-ST Moderator: I just read
that dollar wise, Eddie murphy's Pluto Nash was the
most.
James-ST Moderator: Cost a lot,
made 2 million and zero overseas.
johnboy wasn't Ishtar up there,
too?
James-ST Moderator: Yep, but i
guess still dollar wise wasnt as bad
bearrally has entered
DayTrading Chat
bearrally where is the dead cat
bounce?
James-ST Moderator: bear is
back, shhhh everyone stop talking about him
blk_lbl wow on pluto
James-ST Moderator: hi bear
johnboy Town And Country (2000)
With a negative cost of $85
million (that's the cost of the actual film before
the studio starts shelling out for prints and
advertising) and only $6.7 million taken after a
month at the cinemas, T&C is reported to be,
officially, the biggest flop of all time (with only
8% of its total cost recouped).
blk_lbl 2 million is prob like
ticket revenues from a single theatre on some movies
James-ST Moderator: wow!
James-ST Moderator: i dont
think i even heard of that
johnboy Psychedelic Cop (2002)
The story of an undercover
policeman who finds he has a split personality.
Didn't get to hear of it? Not that surprising as it
was made in Hong Kong. Problem is, the Chinese
didn't get to hear of it either. The film has made
history as one of the biggest flops of all time by
attracting fewer than 10 viewers. According to
reports, it took a total of £26 at the box office.
bearrally shorting gold at 714
James-ST Moderator: lol jb, is
pluto nash on there anywhere?
johnboy 10 viewers, lmao
johnboy no, it wasn't, but his
is just some website:
http://www.channel4.com/film/reviews/feature.jsp?id=122244&page=1
bearrally my kids home video
got more viewers
johnboy yep, found Pluto Nash
as #2 worst flop after Town and Country. MOney lost
= 93 million
James-ST Moderator: ah
bearrally see a dead bounce hre
james?
James-ST Moderator: Nothing
really to lead me to believe that going intot he
weekend.......
jy james/ken, how's the market
doing ? stoch is up or down ? or just sideway ?
James-ST Moderator: market is
oversold though
James-ST Moderator: Stochastics
are up, however we still remain below all emas......
jy JOYG has a print all the way
up to 67.95. must be a mis-print.
jy do you guys see that JOYG
print ?
Ken-ST Moderator: yes that was
a misprint
Ken-ST Moderator: stock was
down at 64.10 when it happened
bearrally should be some short
covering soon
bearrally lol
Clyde-Harmon Trading Hey Bear,
you long?
bearrally Clyde, you are
kidding right?
bearrally lol
Clyde-Harmon Trading haha. Just
wondering
bearrally i am just hoping for
that bounce today so i can short
bearrally i got out way too
early yesteday
alex has logged out
Clyde-Harmon Trading yeah, i
know what you mean
jy JOYG moving up
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE C
Trade (Bottom). Consider Buy[/b] [b]JOYG 64.56[/b]
Ken-ST Moderator: [b]TYPE C
Trade (Bottom). Consider Buy[/b] [b]JOYG 64.56[/b]
Ken-ST Moderator: [b]TYPE C
Trade (Bottom). Consider Buy[/b] [b]JOYG 64.56[/b]
Ken-ST Moderator: Hey Bear
Ken-ST Moderator: market still
following up on that uptrend intraday
blk_lbl there you go james
blk_lbl you hear that on cnbc
traderjow joyg target: 1%
correct?
blk_lbl let's break the 300 ema
on the 5 min SPX chart
blk_lbl 200 ema
alex has entered DayTrading
Chat
blk_lbl i must be drunk again
Ken-ST Moderator: yes tj
Ken-ST Moderator: 65.21 area
jy JOYG - stop. Ken ?
jy entry ?
James-ST Moderator: ah blk
miseed it
Ken-ST Moderator: ?
annabellab short cover......
annabellab ahhhhhhhh
bearrally dead cat bounce????
blk_lbl AZPN
blk_lbl stillllll
jy do we have a stop on JOYG ?
Ken-ST Moderator: lod
jy lod = 64.09 I guess
jy ty guess i ahve been
learning lol
Ken-ST Moderator: [img id=em-8]
traderjow hows larger market
looking?
Ken-ST Moderator: Overall trend
onmarket is decisively down
Ken-ST Moderator: intraday
momentum currently up
Ken-ST Moderator: but still
viewed as rally in overall downtrend
jy JOYG has to break the 65
level
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]JOYG [/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]JOYG [/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]JOYG [/b]
jy ken, that's my other
suggestion on JOYG - lol
Ken-ST Moderator: slowly scale
out into strength
Ken-ST Moderator: cant go wrong
Ken-ST Moderator: its friday
Ken-ST Moderator: overall
market trend is still down
Ken-ST Moderator: 1.5 hours
left
Ken-ST Moderator: be
conservatvie
Ken-ST Moderator: by scaling
out slowly into strength, and setting stop at entry,
you are assuring yourselves a winning trades
Ken-ST Moderator: trade
jy come on - JOYG
blk_lbl TEVA
rdub has logged out
rdub has entered DayTrading
Chat
traderjow jobs is sneaking up
the charts here....
blk_lbl long on steve jobs
Ken-ST Moderator: remember
gang, scale out into strength
Ken-ST Moderator: we are still
in an overall downtrend
Ken-ST Moderator: on market
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]JOYG 64.74 In the Money[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]JOYG 64.74 In the Money[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]JOYG 64.74 In the Money[/b]
traderjow no up stop on ISRG?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ISRG 117.67[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ISRG 117.67[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ISRG 117.67[/b]
jy stop on JOYG
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]JOYG for profit[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]JOYG for profit[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]JOYG for profit[/b]
Ken-ST Moderator: I am quite
confident that you all took some off the table at
higher levels
asad has logged out
rdub lol
jy yes. ken ty
Ken-ST Moderator: cool
jy my average was 64.85 on JOYG
exit.TY
alex thank you guys! see you on
monday
Ken-ST Moderator: cool alex, tc
doc tks ken james gang have
great weekend
doc has logged out
alex has logged out
Ken-ST Moderator: you too doc
Ken-ST Moderator: gj jy
jy I set ISRG stop @ entry -
just not to lose on this one.
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]ISRG[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]ISRG[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]ISRG[/b]
Ken-ST Moderator: Risk nothing
on ISRG gangies
jy hey, that's myt call. lol
Ken-ST Moderator: lol
Ken-ST Moderator: just saw that
now
Ken-ST Moderator: actually we
will follow what you do from now on
jy lol :)
Ken-ST Moderator: market now
below the 5 ema
Ken-ST Moderator: stoch turning
down from overbought levels
Ken-ST Moderator: ISRG come on
baby
traderjow like it
traderjow closed ISRG at 118.48
resistance (I'll watch and see how you guys do)
Ken-ST Moderator: cool tj
Ken-ST Moderator: we'll see if
you were the force holding it back
Ken-ST Moderator: lmao, jk
traderjow thank you for getting
my portfolio back in the black!
traderjow (probably)
Ken-ST Moderator: ah cool tj
Ken-ST Moderator: nice job baby
brady has logged out
Ken-ST Moderator: looking
mighty handsome wiht that exit at 48
Ken-ST Moderator: .48
traderjow you know... I'm
starting to let fear and greed go (only another
decade and I'll be better) :)
annabellab p&l . 48?
Ken-ST Moderator: lol tj
Ken-ST Moderator: tj took it at
.48
Ken-ST Moderator: we are still
in with stop at entry
traderjow Im VERY conservative,
and saw that earlier resistance point, and said:
Hey, that would be a nice exit
Ken-ST Moderator: you cant go
wrong securing porfits
Ken-ST Moderator: profits
Ken-ST Moderator: last time I
checked that was still more than 0
traderjow nope, you can only go
broke by having to buy food and pay rent ;)
traderjow but first you make
ANY profit, then you get smart and start making MORE
traderjow right?
Ken-ST Moderator: ah that is
over rated
Ken-ST Moderator: food and
shelter that is
traderjow short on f&S?
Ken-ST Moderator: lol
moof have great weekend
everyone!
moof has left the room
Ken-ST Moderator: ok moof
Ken-ST Moderator: everytime I
see that handle I think of our Mayor
Ken-ST Moderator: his name is
Mufi
Ken-ST Moderator: he is one big
boy
Ken-ST Moderator: looks like 7
feet or something
traderjow what city is that?
Ken-ST Moderator: Oahu
Ken-ST Moderator: Mufi Hanneman
traderjow ahh... one of those
BIG hawaiin guys?
RoGeRj Ken: anything setting
up or are we finished for the week???
traderjow wait hawaii... so you
are like trading at 2am?
Ken-ST Moderator: RoG, it looks
more like we are done
Ken-ST Moderator: sorry man
Ken-ST Moderator: last hour
Ken-ST Moderator: nothing
compelling
Ken-ST Moderator: yes trading
at 2:00 baby
RoGeRj recently fridays are my
bad day of the week --
Ken-ST Moderator: nothing sexy
at all trading taht early in the mornin
traderjow nice place to live
though.. when you are awake:)
Ken-ST Moderator: RoG i agree
traderjow must go to bed....
8pm?
Ken-ST Moderator: the trick is
to make your money early and call it a week
Ken-ST Moderator: Try to tj
Ken-ST Moderator: but I have 2
young ones that keep me up later than that
traderjow jeeze... but again: I
hope you like to surf
Ken-ST Moderator: In my younger
days
Ken-ST Moderator: did a lot of
golf when I was younger
traderjow wait... you can NEVER
be too old to golf man.. I've seen hurse-style
golf-carts...
nyy2 nice day gentlemen, ty
Ken-ST Moderator: nah I am not
too old to golf, just not enough time
Ken-ST Moderator: cool nyy2
Ken-ST Moderator: have a good
weekend
nyy2 y2
traderjow crap, I just saw ISRG....
I was lucky today, man
Ken-ST Moderator: I've played 1
round in last 2 years
Ken-ST Moderator: just last
weekend
nyy2 has left the room
Ken-ST Moderator: very nice
exit bro
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]ISRG Breakeven[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]ISRG Breakeven[/b]
traderjow yup... well good pick
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]ISRG Breakeven[/b]
traderjow alrighty, best of the
weekend to you!
Ken-ST Moderator: ok tj, take
it easy man
Ken-ST Moderator: have a great
weekend
jy ty ken and james for a good
week. very profitable week. made soem profit on ISRG,
too. cu guys monday.
Ken-ST Moderator: EXPE new lod
jy has left the room
Ken-ST Moderator: sorry gang,
missed that opp. My charts are not good on that one
todya
Ken-ST Moderator: there is a
long candle on that one that is messing thigns up
Ken-ST Moderator: a print down
at .01
traderjow np
traderjow better to miss an
entrance than an exit...
Ken-ST Moderator Update!
Ken-ST Moderator: [b]CANCEL ALL
ALERTS[/b]
Ken-ST Moderator: lets call it
a week gang
traderjow has left the room
limey has logged out
Ken-ST Moderator: here is a
free swing trade alert for everyone on monday:
gogo has logged out
Ken-ST Moderator: RACK short at
40.37 (trigger)
Ken-ST Moderator: 2% target
Ken-ST Moderator: stop at 42.68
Ken-ST Moderator: 5% target
rather
Ken-ST Moderator: any
questions?
johnboy nope
johnboy have a good weekend
Ken/James/everybody
Ken-ST Moderator: ok jb
Ken-ST Moderator: take it easy
johnboy I would stay hydrated
James, but I am trying to reduce my redundancy
johnboy messed that up: I would
say "stay hyrdrated".....
johnboy damn "hydrated"
Ken-ST Moderator: lol
johnboy nevermind, and with
that I had better "hydrate" myself
Ken-ST Moderator: drink a lot
of fluids
johnboy has left the room
RoGeRj Thanks seeya in the AM
MONDAY
RoGeRj has left the room
Ken-ST Moderator: ok RoG
victor has entered DayTrading
Chat
bearrally wow, no dead bounce
Ken-ST Moderator: nada
Ken-ST Moderator: Dale owes me
a coke
Pontifficator has left the room
Ken-ST Moderator: Bear you must
be cleaning up in he market
guru bye guys have a nice
weekend
Ken-ST Moderator: ty guru
Ken-ST Moderator: you too bud
Ken-ST Moderator: take care
Ken-ST Moderator: any questions
gang?
rdub I have a technical
question Ken ...
Ken-ST Moderator: go ahead
bearrally ken, exited futures
yesteday
rdub what's the best way to
deal with the "login already in use" issue?
bearrally net 620k, wasn't too
bad
Ken-ST Moderator: I Guess, log
in with a similar name
Ken-ST Moderator: it does that
when your comp is still logged in
Ken-ST Moderator: somehow
Ken-ST Moderator: if you clear
cache it may fix it
rdub ya, that hasn't been
working (clear cache, etc.)
rdub how do u change names,
justtype in anything?
Ken-ST Moderator: yeah
Ken-ST Moderator: rdub1
rdub how does it recognize my
membershiip then?
Ken-ST Moderator: we would like
you to use something consistent
Ken-ST Moderator: you cannot
get to the chat area without logging into the
memebers area
rdub i c , so once I'm in
members area i can use diff name?
Ken-ST Moderator: yeah you can,
but we encourage traders to use the same sort of
name so that we can recognize in the chat
rdub absolutely ... i
understand
rdub thanks
Ken-ST Moderator: NP
Ken-ST Moderator: d
Ken-ST Moderator: disregard
that
blk_lbl i'm out like a trout...
see you cats on the flippity flop
blk_lbl has logged out
Ken-ST Moderator: ok blk, have
a good one. Next week lets get it on like Donkey
Kong
rdub i'm out too ... great week
Kendall - thanks! .. c u Monday
rdub has left the room
Dale has logged out
Ken-ST Moderator: ok rdub
jeff has logged out
guru has logged out
claudia bye everyone
claudia have a great weekend
annabellab Bye all, have a
great weekend.
annabellab has logged out
Ken-ST Moderator: bye all
Ken-ST Moderator: have a great
weekend
Ken-ST Moderator: take care
Ken-ST Moderator: see you all
next monday
Ken-ST Moderator is no longer a
moderator
Ken-ST Moderator has logged out
|
