05/19/06 Chat Session

James-ST Moderator: gm all

claudia has entered DayTrading Chat

claudia gm everyone

doc has entered DayTrading Chat

doc gm gang

Ozzy gm

Ozzy has logged out

Ozzy has entered DayTrading Chat

Cale Morning Claudia

Cale hey Doc

Cale Good morning james

Ken-ST Moderator has entered DayTrading Chat

Ken-ST Moderator has become a moderator

blk_lbl has entered DayTrading Chat

doc hey cupcake

Ken-ST Moderator: gm all

blk_lbl gm

Ken-ST Moderator: gm blk

jg has entered DayTrading Chat

Cale doh, I have been tagged

Cale thanks James

jg happy friday everyone!

Ken-ST Moderator: gm jg

blk_lbl tagged?

Cale GM BLK

vikm has entered DayTrading Chat

blk_lbl whats up buddy

Cale gm jg

jg gm mr. cale! happy trading to you and all!!

Cale tyjg

doc hey cale how came james keeping low profile lately

duane has entered DayTrading Chat

Ken-ST Moderator: gm vikm

j5 has entered DayTrading Chat

Ken-ST Moderator: gm duane

Ken-ST Moderator: gm j5

j5 gm all

duane gm ken

Jen has entered DayTrading Chat

Ozzy left side of webpage wont load properly hmm

Ken-ST Moderator: gm jen

Jen gm

Ozzy has logged out

Ozzy has entered DayTrading Chat

Cale I think BNHNA is going to be a runner

Cale Morning Jen

Cale Good Morning j5

Jen gm Cale

j5 hey Cale

moof avg vol on bnhna +19K

Clyde-Harmon Trading has entered DayTrading Chat

moof ?

Clyde-Harmon Trading gm everyone

Penfold has entered DayTrading Chat

jg banana is a little scary!  bnhna

blk_lbl gm clyde

Cale Good Morning Clyde

Penfold jg- thinking it a bit thin?

moof yeh

Penfold bnhna?

jg yeah.... a bit is for sure...scares me..slippage.so possible!

Penfold notpossible... probable (or definate, just how much)

limey has entered DayTrading Chat

JP has entered DayTrading Chat

RoGeRj has entered DayTrading Chat

Ken-ST Moderator: gm moof, clyde, limey, JP, RoG

Ozzy has logged out

tryhard has entered DayTrading Chat

julie has entered DayTrading Chat

tryhard gm

Ozzy has entered DayTrading Chat

Ken-ST Moderator: gm tryhard, julie, ozzy

mac has entered DayTrading Chat

mac gm

jy has entered DayTrading Chat

jy gm

Ken-ST Moderator: gm mac, jy

Penfold has logged out

Ken-ST Moderator: jy you are early today

ms has entered DayTrading Chat

Dan has entered DayTrading Chat

Ozzy has logged out

Ozzy has entered DayTrading Chat

Ken-ST Moderator: gm ms, Dan

ms gm

claudia FISV?

claudia MRVL?

jj31 has entered DayTrading Chat

chuck has entered DayTrading Chat

James-ST Moderator: Gm jj31, everyone i missed

James-ST Moderator: gm chuck

hobo has entered DayTrading Chat

jj31 gm James, Ken and all

Ken-ST Moderator: all in recent range

Ken-ST Moderator: gm jj, chuck, hobo

rdub has entered DayTrading Chat

annabellab has entered DayTrading Chat

Ken-ST Moderator: gm rdub, anna

annabellab gm Ken and James

chuck gm gang

darrenlabrum has entered DayTrading Chat

rdub hey Ken, James

Ken-ST Moderator: gm darren

James-ST Moderator: gm hobo, rdub, anna, darren

penfold has entered DayTrading Chat

James-ST Moderator: gm pen

penfold hello

blk_lbl morning jamers

James-ST Moderator: gm blk

victor has entered DayTrading Chat

James-ST Moderator: gm victor

rdub hey Penfold

Pontiff has entered DayTrading Chat

Ken-ST Moderator: gm pen, victor, Pontiff

penfold Morning Rdub...

Ken-ST Moderator: Happy Friday everyone

James-ST Moderator: gm pontiff

Ken-ST Moderator: Lets do the market assessment:

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

Ken-ST Moderator: Hourly chart:  downtrend

Pontiff gm peeps

Ken-ST Moderator: 5 min chart:  downtrend

rdub sounds good

Ken-ST Moderator: Futures are up 5 points, gapping right to the 20 ema on 5 min chart, however the overall trend on the market is still decisively down

Ken-ST Moderator: There is an overall downtrending bias to the market

claudia ASEI?

claudia HIBB?

Ozzy has logged out

claudia ZOLT?

Ozzy has entered DayTrading Chat

jy MRVL ??

Ken-ST Moderator: HIBB added

djg610 has entered DayTrading Chat

Ken-ST Moderator: MRVL in recent range

kvr has entered DayTrading Chat

gogo has entered DayTrading Chat

Ken-ST Moderator: rest are in recent range

Ken-ST Moderator: gm djg, kvr, gogo

gogo good morning

jose has entered DayTrading Chat

James-ST Moderator: gm gogo, kvr, djg, jose

Ken-ST Moderator: gm jose

jose gm James, Ken, everyone!

brady has entered DayTrading Chat

James-ST Moderator: gm brady

brady gm all

Ken-ST Moderator: gm brady

Cale gm Brady

johnboy has entered DayTrading Chat

James-ST Moderator: gm jb

johnboy gm James/Ken/everybody

brady cale you got any 15% trades today

Ozzy has logged out

Ozzy has entered DayTrading Chat

change has entered DayTrading Chat

change gm all

Ozzy morning

Cale *** Good Trades Everyone ***

hc has logged out

Ken-ST Moderator: go get um gang

hc has entered DayTrading Chat

Ken-ST Moderator Short!

Ken-ST Moderator Short!

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFNT 15.39[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFNT 15.39[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFNT 15.39[/b]

Ken-ST Moderator Short!

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]BEAV 24.31[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]BEAV 24.31[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]BEAV 24.31[/b]

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]HYSL 29.10[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]HYSL 29.10[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]HYSL 29.10[/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]BEAV[/b]

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

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

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FINL 12.39[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FINL 12.39[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FINL 12.39[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFNT 15.39[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFNT 15.39[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFNT 15.39[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]FINL 12.39[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]FINL 12.39[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]FINL 12.39[/b]

travman has entered DayTrading Chat

JP SFNT also a valid HOD play?

Ken-ST Moderator Update!

Ken-ST Moderator: CANCEL BNHNA WATCH

Ken-ST Moderator: yes JP

Ozzy has logged out

Cale Whats wrong with a .24 spread?

ozzy has entered DayTrading Chat

James-ST Moderator: JP - will wait for a touch of the 5 ema on 5 minute chart and some consolidation for a long trigger

Ken-ST Moderator: sorry, JP

JP sounds good

Ken-ST Moderator: thought you were referring to the short

alex has entered DayTrading Chat

jeff has entered DayTrading Chat

jeff gm

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FINL 12.56[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FINL 12.56[/b]

James-ST Moderator: gm jeff, alex, trav

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FINL 12.56[/b]

tryhard sfnt close

James-ST Moderator: sfnt close

brady I feel dumb asking this but why is it when I short a stock and try to put a limit order in it sells anyway even if it is not at the limit price?

Ken-ST Moderator Short!

Ken-ST Moderator Short!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SFNT 15.39[/b]

Ken-ST Moderator Short!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SFNT 15.39[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SFNT 15.39[/b]

Ken-ST Moderator: A limit will sell you at that price or better

Cale ya Brady, I got tagged by that one also

Ken-ST Moderator: FINL is tight gang

djg610 happened before here too

brady ya thats what i figured so do I use stops instead?

brady I just want to be able to enter my price and not have to watch it

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHFL 38.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHFL 38.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHFL 38.51[/b]

georgie JP did you get in on CTRN?

julie out mrvl 1%

JP Nope.  I wasn't watching it.

georgie I was but didn't get filled :(

Ken-ST Moderator: SHFL is close

brady nm i figured it out myself

Ken-ST Moderator: yes, brady if you are referring to entering a short at a lower price, yes that would be a stop

Ken-ST Moderator: also good for buying at a higher price

georgie JP just noticed you were asking about SFNT not CTRN you must have wondered what I was going on about

annabellab out HYSL.

jose has logged out

julie l hibb

julie out hibb 1%

julie 1 minute wonder

j5 was it a quicky?

rdub SFNT stop?

James-ST Moderator: 15.86

birddog has entered DayTrading Chat

rdub ty

James-ST Moderator: GM bird

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]HIBB 26.76[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]HIBB 26.76[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]HIBB 26.76[/b]

pepe2207 has entered DayTrading Chat

James-ST Moderator: gm pepe2207

birddog has logged out

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SFNT 15.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SFNT 15.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SFNT 15.76[/b]

georgie MICC valid trigger t new HOD?

Ken-ST Moderator: We will pass on that, MICC back into yesterdays range

Ken-ST Moderator: we are trading in the p/d range gang

Ken-ST Moderator: choppy action on the market right now

j5 p/d?

James-ST Moderator: prior day

James-ST Moderator: previous day

j5 ic

jy FINL

j5 nice

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

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

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

j5 :) :)

jy I shorted more FINL @12.47. TY.

blk_lbl FINL nice thnx

Ken-ST Moderator: sweet

Ken-ST Moderator: gj

Ken-ST Moderator: way to stick with it

jy handsome TY

j5 16 points average, thanks guy$$!

Ken-ST Moderator: gj

limey out TIE 1%

Ken-ST Moderator: nic limey

julie out mrvl 1%

JP AMD a short at LOD?

Ken-ST Moderator: gj

Ken-ST Moderator: valid JP

Ken-ST Moderator: lets add

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AMD 33.55[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AMD 33.55[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AMD 33.55[/b]

jy Is AMD hod long valid @34.51 ?

Ken-ST Moderator: yes, jy that is valid too

jy ty

travman has left the room

ozzy has logged out

James-ST Moderator: FINL NEW LOD

ozzy has entered DayTrading Chat

Ken-ST Moderator: wb

ozzy tnx

julie hibb lod?

Ken-ST Moderator: watching for a little consolidation first

Ken-ST Moderator: otherwise, 20% stop

Ken-ST Moderator: 10%

julie pass

julie lol

Ken-ST Moderator: lol

blk_lbl RACK

blk_lbl what's going on with RACK cale

allegrobob rimm

Cale Well

Cale BEAV and RACK are both going down

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

Ken-ST Moderator: lol

moof amd close

Ken-ST Moderator Update!

blk_lbl lol

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AMD 34.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AMD 34.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AMD 34.51[/b]

James-ST Moderator: BEAV NEW LOD

blk_lbl you're right ken ARCA is awesome

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

James-ST Moderator: Market new LOD

James-ST Moderator: GOOG breaking recent trend lows

jy Guess AMD coming back down with the market.

limey Any one having a problem with very slow fills !

annabellab yes...

blk_lbl use ARCA

blk_lbl ken introduced me and they are my new friend

annabellab direct access?

georgie PEIX short?

blk_lbl c

limey tried would not let me short PEIX

Ken-ST Moderator: market took out the p/d lows by a small marin, but did not bring in much selling

James-ST Moderator: carefule georgie, slight break below 50 ema on daily, and appears oversold on 5 minute cahrt

James-ST Moderator: careful

James-ST Moderator: chart

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

georgie can't short it anyway

limey whats the url for ARCA

blk_lbl here we go for amd

blk_lbl i bought at .39

Ken-ST Moderator: PEIX oversold

Ken-ST Moderator: and with market off the lows, I would be wary

tryhard amd

jy AMD

annabellab amd??

blk_lbl yes

annabellab long amd?

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]AMD 34.51[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]AMD 34.51[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]AMD 34.51[/b]

Ken-ST Moderator: sorry, dont know why the delay

blk_lbl stop?

Ken-ST Moderator: lod initial

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AMD 34.12[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AMD 34.12[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AMD 34.12[/b]

blk_lbl should we stay in if it moves past that 200 ema on 5 min

Ken-ST Moderator: IMO, always worht taking some off the table at 1%

Ken-ST Moderator: then check the resistance level overhead on daily

Ken-ST Moderator: and assess the market trend on 5 min

Ken-ST Moderator: the trend in favor right now

Ken-ST Moderator: stoch turning up

Ken-ST Moderator: prices just above the 5 ema

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]AMD  [/b]

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

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

jy AMD real handsome

jy longed it @34.23

ozzy nice call :)

moof gj

blk_lbl out half

blk_lbl nice

annabellab :)

Ken-ST Moderator: gang you can thank JP for bringing AMD up to the room

ozzy tnx JP

blk_lbl thanks JP

moof thnx JP

annabellab thanks JP

JP Glad we got a play out of it.

James-ST Moderator: ty jp

mac right on jp

doc tks

ms tks   JP

ms tks  JP

jg thanks  jp good one!!!!

blk_lbl yes through DAS

alex has logged out

blk_lbl disregard last

ozzy has logged out

ozzy has entered DayTrading Chat

JP SUPX HOD?

Ken-ST Moderator: still in recent range

Ken-ST Moderator: makes for choppy trading

James-ST Moderator: jp may work out, but on daily, appears to be in a trading range

julie s mrvl

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]HIBB 23.80[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]HIBB 23.80[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]HIBB 23.80[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SFNT 15.58[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SFNT 15.58[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SFNT 15.58[/b]

limey HYSL new LOD

Ken-ST Moderator: nice

Ken-ST Moderator: market testing retest of lows happening now

claudia AL TYPE C?

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Cancel All Type B alerts, until 1:00 pm est[/b]

alex has entered DayTrading Chat

Ken-ST Moderator: no real support on daily chart on AL

Ken-ST Moderator: gm alex

alex gm all!

claudia ATRS TYPE C?

Ken-ST Moderator: looks good

Ken-ST Moderator: stoch are in the middle of range on market

Ken-ST Moderator: we will hold off

Ken-ST Moderator: not at all bad though,

blk_lbl RACK super saggy

Ken-ST Moderator: if you do decide to do it , stop at lod

James-ST Moderator: GOOG new LOD

Ken-ST Moderator: and a trigger o f16.27

claudia thanks ken

James-ST Moderator: anyone going to see Da Vinci Code this weekend?

blk_lbl for sure jamers

blk_lbl prob like 5 times

blk_lbl even though critics didn't like it at cannes

James-ST Moderator: really?

James-ST Moderator: had the book for a couple of months.......no time to read it......debating whether to see movie without reading it

JP It's been getting bad reviews but I'm probably going to see it tomorrow.

James-ST Moderator: hmmm

penfold book is good... havn't seen the movie, but it can't beat the book (if you like books)

blk_lbl you can read the book in like a couple days

blk_lbl fast read

djg610 never saw a movie I liked more than the book

James-ST Moderator: got that pen, no doubt

James-ST Moderator: agreed djg

blk_lbl rack on a tear

penfold djg- except BladeRunner... Philip Dick has good ideas... but his execution is preachy

JP You short blk?

James-ST Moderator: hey ken, was Mariah Carey's autobiography better than you favorite movie Glitter?

djg610 bourne identity series were great books   butchered by the movie

blk_lbl i'm tempted jp

James-ST Moderator: bladerunner, classic, a movie well ahead of its time

blk_lbl but prob not a good idea at this point

djg610 never read bladerunner

blk_lbl i liked those movies

blk_lbl bourne identity.... but never read books so

James-ST Moderator: djg, never read any of those Bourne books, but funny you should mention it......i love the movies, in fact i slapped in Identity other nite to go to sleep to

blk_lbl spread too big on rack

djg610 they cut out the main idea of the book  the reason for the bourne identity

blk_lbl lol

blk_lbl that's a cale joke

James-ST Moderator: hmmm djg

penfold I'll check out the books... I liked some of the premise of the  Bourne stuff...

blk_lbl rack might end up being a type c

blk_lbl or a DD

blk_lbl hehe

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

James-ST Moderator: Market new LOD

JP Anyone else watching HIBB?

Cale Whats Happening?

James-ST Moderator: Nasdaq down 9 sessions in a row.......  [img id=em-5]

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]HYSL[/b]

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

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

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

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

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

jy thanks for waking me up. james.

James-ST Moderator: SFNT.......cant get much slower than that

penfold HIBB... missed that rocket...

kvr has logged out

JP HIBB 3% in about 7 seconds.

blk_lbl yah and i'm long

ms James, curious why do you cancel type B for lunch

penfold enough volume for everyone to get in and out on the good side?

jg has logged out

annabellab do you think goog will go down hard today?

blk_lbl and went short right when trend turned

tryhard great calls today Ken, James, and JP !  Thanks

James-ST Moderator: ms - declining volume and false breakout during lunch, they sometimes work out.....

j5 has left the room

James-ST Moderator: anna, down quite a bti already.......on daily, this is the low end of that gap set 3/24........will find support here or not at all......

tryhard has left the room

James-ST Moderator: JP, nice trade on HIBB

JP Thanks, I think that was the fastest 3% I've ever had.

blk_lbl oh i hate SBSH ecn

James-ST Moderator: Any other questions or comments gang?

Ken-ST Moderator: nice

Ken-ST Moderator: gj

jg has entered DayTrading Chat

Ken-ST Moderator: SBSH is not an ECN it is a market maker

James-ST Moderator: Feel free to chit chat, bring up anything under the sun, stocks or not..........

Ken-ST Moderator: but a free route on DAS

James-ST Moderator: Otherwise, take a break........

penfold when you talk about the "Market" and stoch... are you simply looking at the spx?

James-ST Moderator: pen - yes, 5 minute char tof the SPX

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]

Ken-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]

penfold ty

Ken-ST Moderator: lol

James-ST Moderator: oops

penfold hmmm... stereo :)

James-ST Moderator: you can use futures "ES" if you pay for that feed from your broker

annabellab goog needs to break 360?

blk_lbl thanks for the clarification about SBSH ken

blk_lbl i didn't know that

blk_lbl makes sense

James-ST Moderator: We use futures, but the SPX works just as well........we use the SPX, as the NasDaq is too tech heavy, and the Dow....well just does not indicate too much

rdub James or Ken ... as a money management issue, what % of daytrade port do u recommend on each trade?

Ken-ST Moderator: rdub, it varies from trader to trader

Ken-ST Moderator: depends what they are comfortable with

Ken-ST Moderator: at the most extreme aggressive level, cash balance to a trade is the tops imo

James-ST Moderator: anna- 362 perhaps, next support 330ish..........and very solid 300

Ken-ST Moderator: that will allow you to enter into 4 simultaneous positions

doc blk are you still short in BEAV

julie has logged out

rdub thanx

blk_lbl no but still short rack

James-ST Moderator: Anyone got anything interesting going on for the weekend?

Cale Last Ski Trip

the_don has entered DayTrading Chat

James-ST Moderator: hey don

ms JP, who do you use for a broker that you were able to get filled on HIBB

James-ST Moderator: nice, cale, where to?

the_don hi james

Ken-ST Moderator: Futures right back up

JP DAS

Cale small ski resort

James-ST Moderator: state?

Cale CO

ms thanks

James-ST Moderator: you live in Co cale?

Ken-ST Moderator: Gang, we suggest the following two trading firms:

Cale yep

Ken-ST Moderator: Harmon Trading, http://harmontrading.com

James-ST Moderator: cheating

Ken-ST Moderator: They are great for traders who have Pattern Day Trading issues

Ken-ST Moderator: Their setup allows traders to day trade without any restirctions

James-ST Moderator: very nice to go anywhere to ski.......how far from Breckenridge?

Cale 70 miles

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

blk_lbl sqeezed $100 out of rack

Ken-ST Moderator: gj blk

Jen Do you know where Dillon, CO is Cale?

Cale Nice Squeeze blk

blk_lbl i have pattern day trading issues

Ken-ST Moderator: squeezing RACK for $100 blk?

Cale oh ya Jen

blk_lbl lol

johnboy I have many issues

Cale me too johnboy

johnboy or so I am told

blk_lbl usually i have to pay to do that ken

Jen I have a good friend that lives there

blk_lbl just kidding

James-ST Moderator: cale, my uncle in-law won the colorado lottery 6 years ago.....4.6 million.......  visited him 4 years back in Denver......strange guy......he took us driving around, adn for some reason took us to Columbine High School for sight seeing........

Cale all on $1's Ken

James-ST Moderator: lmao

Ken-ST Moderator: haha

Cale weirdo

blk_lbl at least he prob knows how to spell

ozzy be back in a few

ozzy has logged out

James-ST Moderator: ok ozzy

blk_lbl thats for making fun of my spelling like months ago

blk_lbl i think

allegrobob1 has entered DayTrading Chat

Cale INEVERMAKEFUNOFANYONESSPELLING

Dan has logged out

Cale BECAUSEIKNOWICANTSPELLATALL

allegrobob has logged out

Cale so it wasnt me

blk_lbl well you got made fun of anyways

blk_lbl so there

Cale and I spell weirdo correctly, didnt I ?

blk_lbl and i'm gonna fly over to CO to throw snowballs at you while you're skiing

James-ST Moderator: HYSL new LOD

johnboy no, "you spelled" weirdo correctly, lmao

blk_lbl kl;asfjkdjskfljsdkajf;dks;fj;dsljafklsjdfkld;

blk_lbl yes you did

rdub RACK

georgie Ken/James I have a question relating to trading, can your strategy of HOD and LOD be applied to any trade or just gap plays?

James-ST Moderator: just gaps, and fading the gap strategy is huge; waitingfor a otuch of the 5 ema on the 5 minute chart and waiting for consolidation before looking to fade gaps

Ken-ST Moderator: the concept in general may be applied to many setups

blk_lbl wierdo

blk_lbl weirdo

Ken-ST Moderator: but, we are a lot more selective, by doing stocks that are in great trend areas

doc caie is that like weirdude

Ken-ST Moderator: trading in p/d range is not a good trending area

James-ST Moderator: The reason we play gapping stocks......is by nature they are oftentimes have the most volume and volatility for stocks on any given day......why play stocks that barely move, have low volume, and no volatility?

Cale Yes Doc

Cale blk you know the rule, I before E exacpt after W

James-ST Moderator: BEAV still down.....new LOD

Cale weird

blk_lbl lol

blk_lbl looked really weird

Ken-ST Moderator: except in the word Weirdo

Cale I love BEAV

blk_lbl weirdo the exception

Ken-ST Moderator: lol

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

Cale I could watch it go down all day

blk_lbl should have stayed short in RACK

Ken-ST Moderator: lmao

doc lmao

blk_lbl the HIBB coming back up a little

annabellab RACK

blk_lbl ken/jamers.... why is it not a good idea to devote more than account cash level per each trade?

Ken-ST Moderator: 32 support area on daily on RACK

Ken-ST Moderator: first notable area

Ken-ST Moderator: blk, you may still do that, but it is still an aggressive trade

blk_lbl Is it for if you don't have enough discipline for meeting stops

Ken-ST Moderator: at 1%

Ken-ST Moderator: you are dedicating your entire portfolio on 1 trade

Ken-ST Moderator: that is aggressive

blk_lbl rack type c yet

penfold has left the room

James-ST Moderator: BEAV new LOD

Ken-ST Moderator: no, market stochatics in middle of trend

blk_lbl you make craploads on BEAV yet cale?

penfold has entered DayTrading Chat

Ken-ST Moderator: wb

the_don AMD short here?

blk_lbl i'm no pro but i don't think i'd short AMD with it still on listed top 5 gainer

blk_lbl but it is going past resistance

blk_lbl sorry .. support

blk_lbl need my caffeine

Ken-ST Moderator: FINL new lod

Ken-ST Moderator: any questions?

blk_lbl going long rack

the_don KEN what do u think AMD short here

Ken-ST Moderator: you feeling it blk?

Ken-ST Moderator: middle of days range don, we will avoid

blk_lbl i'm long

blk_lbl squeezed some more out of RACK

georgie my husband knows I've had a bad day cos he's just caught me eating chocolate, gonna head for the wine in a minute, then he'll know its a been really bad day

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

annabellab MLM

johnboy lol georgie

johnboy sorry about your bad day, though

allegrobob1 question from rookie- do you set limit orders to catch these or manually enter as the alerts fire?

georgie I haven't lost any but haven't gained so its not all bad and I've just checked my profits since I joined ST and I have made steady profits which is good

Jen has logged out

James-ST Moderator: good to hear georgie

allegrobob1 good to know georgie - I'm new, but been whipsawed a bit today

penfold allegro- I set up mine to trigger with the conditions that they set up here...

penfold sometimes (like HIBB) the stock moves faster than I can even move... my computer/broker fills alot of them decently before I would normally be able to click the mouse

georgie without sounding like I'm sucking up, this service is excellent, its how I execute the orders that lets me down

penfold true georgie, true

jy RACK type C long @ 35.25 ?

victor a question regarding one of your stoploss rule ie for a short like HYSL,exit at highest value of the dayWhen we entered the high was 29.21,so I exited.did i miss something?

georgie my fingers just aren't quick enough

allegrobob1 penfold - ever have a problem that you got auto filled on a stock that spiked - and then wished you weren't in it?

Ken-ST Moderator: victor, the Stops on Type A are 1.5%

Ken-ST Moderator: initial

victor is the rule valid for type B?

penfold what... hindsight?  Never... only if I FORGET to turn them off during lunch or after its been cancellled by the guys here.  I try not to second guess these guys... otherwise I'm wasting my time AND money

blk_lbl NIIIIIICEEE

blk_lbl i love rack

Cale has logged out

blk_lbl I LOOOOVE RACK

the_don whats so lovable about RACK

blk_lbl shorted it ....longed it

penfold that he just made a minor killing... thats what

georgie Too true penfold, my bad loss days are when I've gone against DT triggers or entered before trigger

blk_lbl you don't like RACK don

blk_lbl ?

Ken-ST Moderator: RACK held us back only because the market trend was not right

blk_lbl are you a legs guy

Ken-ST Moderator: but overall the other setups were there

Ken-ST Moderator: gj blk

the_don not played it i usually play CAL

blk_lbl ty

doc has logged out

the_don LEGS RACK all things guy

annabellab TEVA

chuck has logged out

jy blk, did you bring up RACK - if you did TY. made 1.2% long

Ken-ST Moderator: nice jy

Ken-ST Moderator: gj

jy A Type C play. TY

blk_lbl it worked out luckily

blk_lbl it's still in play

annabellab DIS

blk_lbl amd on way back up

jy I tok profit. @ 35.29. most likely it'll go higher, but profit is profit.

the_don any news on auto trade ken

blk_lbl nice... exactly

the_don not for long blk

Ken-ST Moderator: sorry don, no

ozzy has entered DayTrading Chat

ozzy hi everyone

James-ST Moderator: qb ozzy

James-ST Moderator: wb

James-ST Moderator: Looks interesting:

James-ST Moderator: http://www.wtcmovie.com/

georgie re autotrade I think they can't handle it cos you're too quick for them

georgie What do you think of FL?

penfold damit... sorry don...

raianeh has entered DayTrading Chat

penfold amd... new LOD approaching with market in oversold?

James-ST Moderator: georgie - interesing, filled that gap created last July.......

James-ST Moderator: welcome raianeh

raianeh hi

James-ST Moderator: Acutally, market is not oversold at all......still trending below all emas

raianeh thanks

penfold emas AND stochs... my bad

Ken-ST Moderator: market approaching overbought.  We will wait until the end of lunch or 1:00 to review Type Bs

jy Anyone shorted AMD ?

Ken-ST Moderator is no longer a moderator

Ken-ST Moderator has logged out

penfold wrong.. AMD LOD is 33.55

penfold sorry

JP I shorted AMD right at market open, caught 1.8%.

JP I'm watching for a new LOD to short again.

penfold nice one

jy GJ JP

jy smart treader

jy trader

jy AMD trending down - looks like

JP Luck more than anything else on that.  It could have just as easily have moved up 2% right at the open.

raianeh I am new here can someone give me some tips

annabellab JP, did you set your order before market opened, or right after market opened? Was it a market order, or a limit order?

JP market order, about 20 seconds after market opened.

annabellab Did you use direct access?

moof has logged out

JP Yes

annabellab cool!

annabellab how is the learning curve on direct access... think i better start learning how to use it.

moof has entered DayTrading Chat

blk_lbl hey limey that arca site is great microcosm of market to analyze trading volume

blk_lbl it definately takes some getting used to anna

blk_lbl but once you do it's great

annabellab nice!

JP I moved to DAS from Ameritrade Apex and I didn't have a problem with the change.

Ken-ST Moderator has entered DayTrading Chat

Ken-ST Moderator has become a moderator

JP Anyone watch Lost in here?

annabellab jp. how long did it take to fill your order on direct access at open?

blk_lbl i've used ameritrade, etrade, and scottrade and they are VERY different than DAS

JP Just a few seconds.

Ken-ST Moderator: JP you with Harmon Trading?

annabellab Nice.

JP Yes Ken

rdub ATI type C?

Ken-ST Moderator: ah ok

blk_lbl is that a candle on the SPY chart at about 12 ?

Ken-ST Moderator: no type c longs for now

Ken-ST Moderator: market near to overbougt area

rdub 'k

Ken-ST Moderator: you dont want to be fishing bottoms when  market near overbought

Ken-ST Moderator: or shorting tops when market oversold

JP I think Cramer was saying to sell ATI last night.

Ken-ST Moderator: lower success rate

blk_lbl the market is overbought right now?

Ken-ST Moderator: ATI ideal short signal this morning

Ken-ST Moderator: anyone know the time and price?

James-ST Moderator: ok gang taking lunch here.......

rdub 10:01 , 65.99?

rdub sorry, that's wrong .. looking at premarket range

JP 66.74?

rdub 10:01  time right tho

Ken-ST Moderator: 10:00

Ken-ST Moderator: 66.53

Ken-ST Moderator: that was an ideal short

duane has logged out

penfold SpX rocketing...

blk_lbl RACK

penfold raianeh... don't know much about MUE

penfold NUE

raianeh a

raianeh ok

majomx has entered DayTrading Chat

brady watching for HOD on BIDU

raianeh has logged out

raianeh has entered DayTrading Chat

Ken-ST Moderator: wb

raianeh any ideas about NUE, on how it will do after lunch

georgie watching BAB purely cos its British!

JP Was there some piece of new to fuel this bounce or is it all technical?

JP news

uptrend has logged out

annabellab i think cramer said the other day that tech were totally oversold... hopefully they have bottomed out, and are back up.

Ken-ST Moderator: NUE, looks like just techincal

Ken-ST Moderator: BAB what is that?

georgie British Airways plc

the_don used to work for them

georgie were they good to work for?

annabellab BA looks interesting.

the_don very good

georgie lots of perks?

ozzy has logged out

ozzy has entered DayTrading Chat

the_don yes met lots of stars

the_don had to escort vip's

the_don that was my job

the_don met cindy crawford patrick swayze bishop tu tu lots of interesint ppl

georgie can think of worst jobs, do you work now or just day trade?

the_don work as well have a cell phone business too

blk_lbl what do you do don?

the_don have agency for cingular

the_don and daytrade while i am doing that

georgie I should have gone long on FL

Ken-ST Moderator: cool

Ken-ST Moderator: geez,

Ken-ST Moderator: who would have thought Foot Locker would be in play

Ken-ST Moderator: anyone lives green in here?

Ken-ST Moderator: hears crickets

the_don and crocs

the_don or gators

JP Anyone from this board have a shot at the Maserati from CNBC?

the_don and tons of mosquitoes

raianeh has logged out

JP What was the Fed rate at when the markets topped in 2000?

JP 6.5%?

Ken-ST Moderator: short alerts may be opened early

Ken-ST Moderator: at this time

Ken-ST Moderator: scanning for possible shorting opps

blk_lbl sounds right JP but not sure

Ken-ST Moderator: not sure JP

johnboy I almost did JP, for the want of a day

johnboy oh well, I'm not eligible to win anyways

Ken-ST Moderator: jb, did you hear who the leader is?

johnboy Cramer?

Ken-ST Moderator: he made a double on buying ESCL

johnboy ouch, that hurts!

Ken-ST Moderator: dang

johnboy I had a 1.2 million buy in on sunday

johnboy executed at the monday close

raianeh has entered DayTrading Chat

Ken-ST Moderator: but he mentioned his strategy was to find low price stocks with the highest volatlity

johnboy now I am underwater

Ken-ST Moderator: which is exactly what we suggested at the start of the challenge

johnboy If I won, I was going to yell "swingtrades.com rocks" and sucker punch Cramer while yelling "Booyahskidaddies"

Ken-ST Moderator: lmao

Ken-ST Moderator: dude, that would have been the best thing ever

Ken-ST Moderator: I would have been laughing for a couple days straight

johnboy yeah, but eventually one of you guys would have to come bail me out of jail

johnboy or maybe they would just drop me off at the border, as I would be a "illegal alien"

Ken-ST Moderator: that np I would gladly bail you out

johnboy I'd put in a good word with Liz for you too

blk_lbl screw liz... what about michelle?

Ken-ST Moderator: tx

johnboy Actually, is CNBC in California or N.Y.

Ken-ST Moderator: NY

JP headquarters are in NJ I think.

johnboy oh ok, I'm allowed there

Ken-ST Moderator: haha

Ken-ST Moderator: Michelle?

Ken-ST Moderator: who that?

blk_lbl sorry mellissa

blk_lbl francis

blk_lbl mellisa

blk_lbl however you spell it

blk_lbl that's what i get for making fun on cale

RoGeRj CNBC in Secaucus NJ

blk_lbl on = of

blk_lbl rack pivot still doing nicely.....wow

James-ST Moderator: Market nice little Friday rally ......and i do mean little though

blk_lbl what prompted sell off in rack in first place?

johnboy rumour amazon not using them anymore I think? not sure, rumour

gogo has logged out

the_don who has gold price

annabellab LU

allegrobob1 mrvl hod

Ken-ST Moderator: 652.25

Ken-ST Moderator: testing its 20 day EMA area

the_don thanks ken

Ken-ST Moderator: market new hod

jul has entered DayTrading Chat

penfold what the heck does that mean ken?

Ken-ST Moderator: wb

jy S&P just made new hod

penfold if it breaks 20 day EMA you expect possible bull rally into afternoon?

limey out 1% TIE

Ken-ST Moderator: I was referring to MRVL

Ken-ST Moderator: it is trading near its 20 day EMA area

Ken-ST Moderator: that general area may provide some resistance

penfold ah... sorry

georgie nice one limey, Iwas watching it, but only paper trading this pm

Ken-ST Moderator: nice market action today

GOGO has entered DayTrading Chat

Ken-ST Moderator: wb

GOGO hi

Ken-ST Moderator: market in overbought area and nearly coming down

Ken-ST Moderator: longs are risky at this point

Ken-ST Moderator: looking for shorts

penfold ken, the normal stop on Cs is the LOD that is normally seen on the charts (at that time)

penfold ?

Ken-ST Moderator: yes

penfold thanks!

Ken-ST Moderator: np

annabellab short sunw?

Ken-ST Moderator: zero trend on that

annabellab k

Ken-ST Moderator: makes it tough

Ken-ST Moderator: the stock is pullling a sideways trend under its 5 day EMA

Ken-ST Moderator: so the short term trend is still down

Ken-ST Moderator: Need to step away for 10 minutes

Ken-ST Moderator: brb gang

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FINL 11.99[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FINL 11.99[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FINL 11.99[/b]

Ken-ST Moderator: Initial stop if triggered is 12.26

Ken-ST Moderator: brb

jul has logged out

georgie ok thanks guys, the weekend starts here for me, have a good one everyone

jy S&P made new hod after new hod. what a come back.

georgie has left the room

jy today has been a good one - all winners from ken and james. TY

Ken-ST Moderator: cool jy

jy how did the futures do, ken ? hope you made profit.

Ken-ST Moderator: up right now

Ken-ST Moderator: just went short

jy did you long ?

Ken-ST Moderator: stoch have turned down

Ken-ST Moderator: market at the 5 ema

jy just went short ? overbought ? stoch coming down

Ken-ST Moderator: fortunately I was long near the lod

jy gj

Ken-ST Moderator: sold out during lunch

Ken-ST Moderator: and have now gone short

jy yes. the market free fall from 11 a.m. to 11:20

Ken-ST Moderator: yeah I bought into that quick move to new lod, it was nearing the lunch period

Ken-ST Moderator: after a long steady downternd we've been in

Ken-ST Moderator: the quick move to the downside, was exactly what the  market needed to make a trading bottom

Ken-ST Moderator: short term reversal

jy interesting to see how the market will end up today. it'd be bearish if th emarket ends in red.

Ken-ST Moderator: 5 min market chart has finallly gone into an uptrend

johnboy someone should invent slot machine games for cell phones/ipods.........you could make a killing

Ken-ST Moderator: after nearly a week in the downtrnd

Ken-ST Moderator: well you can do online gaming on the net

johnboy that's true, I guess I'm about 10 years too late

Pontiff has left the room

Ken-ST Moderator: lol

GOGO has logged out

Ken-ST Moderator: I'm working on a diet, that cuts out a lot of carbs.  I think it will be a huge seller

annabellab lol

Ken-ST Moderator: I feel sorry for those guys who put a lot of R & D a couple years ago to grow that low carb potato

Ken-ST Moderator: potatoe

Ken-ST Moderator: dang, how do you spell that

Ken-ST Moderator: potato

Ken-ST Moderator: lol

johnboy I dunno, ask blk

djg610 that would suck  I eat potatoes for the carbs

limey At least in Hawaii you don,t have to worry about icy side walks ( unless you are up on saddleback rd) !!

johnboy saddleback road? that's just too easy, I'll leave that one alone

blk_lbl haha jb

Ken-ST Moderator: lol

blk_lbl har har

blk_lbl i'm a former english major and can't even remember how to spell weirdo

Ken-ST Moderator: wasnt it Gore who couldnt spell potato?

johnboy lol

blk_lbl yah but he invented internet

johnboy did you guys see Gore on Saturday Night Live?

blk_lbl we wouldn't be here if it wasn't for him

djg610 quail

johnboy he was pretty funny

blk_lbl anybody see that southpark with gore?

blk_lbl couple weeks ago

Ken-ST Moderator: he guest appeared at a spelling B contest, and when he asked the girl to spell potato, he said sorry that is incorrect, you are missing an 'E' at the nd of it

blk_lbl "Jesus Christ on ice skates"

djg610 i think it was dan quail

Ken-ST Moderator: ah yeah that was Dan Qauil

Jul has entered DayTrading Chat

jg has logged out

djg610 would like to see bush in a spelling bee

johnboy i-n-c-o-m-p-e-t-e-n-t

blk_lbl lol.... i don't care how incompetent bush is (or everyone thinks he is) ... i'm still glad we don't have Kerry as a president

Azco has entered DayTrading Chat

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

annabellab finl

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]FINL 11.99[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]FINL 11.99[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]FINL 11.99[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FINL 12.26[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FINL 12.26[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FINL 12.26[/b]

blk_lbl we'd all be asleep right now

guru has entered DayTrading Chat

blk_lbl holy crap that's crazy about selling prius's for more used than new

Ken-ST Moderator: wow

blk_lbl this guy is selling his for 9% more than he paid???

allegrobob1 my neighbor has one he's trying to give away

limey TIE at new HOD again can,t risk this time so overbought

blk_lbl doesn't like it allegro?

Ken-ST Moderator: that is unheard of

penfold interesting sticking point on FINL 11.99

allegrobob1 lots of problems

Ken-ST Moderator: the car is worst investment in the world

blk_lbl never going to buy a new car ever again

JP And so damn ugly.

Cale has entered DayTrading Chat

blk_lbl if anything buy a year old car and get the same thing

Rube has entered DayTrading Chat

blk_lbl for way less

Cale Thank you Ken for that worm welcome back

blk_lbl HEY CALE

Cale worm = warm

blk_lbl KEN WELCOMES YOU BACK!

blk_lbl HE JUST TOLD ME

Cale HELLOBLKISITHAPPYHOURTIMEYET?

blk_lbl TO WELCOME YOU

blk_lbl SERIOUSLY

blk_lbl where's FINL going

Ken-ST Moderator: lmao

Ken-ST Moderator: wb all

Ken-ST Moderator: wb Rube

limey Can,t believe it TIE just moved another 1% +

Ken-ST Moderator: hope you