8/1/05 Chat Session
Karl: gm all
Carson-PDT Moderator: gm Karl, Ren, Scoot, Yanni
Carson-PDT Moderator: gm Fam
yanni: good morning everyone...new member here..
fammari: good morning all
Carson-PDT Moderator: good to have you Yanni
Carson-PDT Moderator: feel free to ask questions throughout the day
yanni: thank you Carson...I appreciate it...
mark has logged out
Carson-PDT Moderator: Whats up Fam
fammari: how is the market for today man
Carson-PDT Moderator: looks like some action
fammari: cool
Scooter: gm everyone
Carson-PDT Moderator: TYPE A are up
fammari: gm scooter
fammari: i see
Carson-PDT Moderator: Im wondering if we are headed into a small countertrend
Carson-PDT Moderator: some signs of a tired Hourly trend
fammari: what about type B man
fammari: anything till now ?
Carson-PDT Moderator: Its will be up shortly
Carson-PDT Moderator: wb
renram22: thx
Carson-PDT Moderator: hmm, not as many TYPE Bs as I thought I saw
Carson-PDT Moderator: We should have more as the opening bell nears
Carson-PDT Moderator: gang, conservative trading required for this entire month
Carson-PDT Moderator: we will be tight with our stops
Carson-PDT Moderator: this is a terrible trading month, being summer and all
Carson-PDT Moderator: earnings will taper off, and the dull summer trading will resume
Carson-PDT Moderator: gm EE
Carson-PDT Moderator: gm JJ
jjwolfe: GM All
ee: gm
Carson-PDT Moderator: gm Omer
Carson-PDT Moderator: gm Abe
Abe: GM gang
omer56: GM ALL
Carson-PDT Moderator: gm BOb
bob120: top of the morning to ya.
Carson-PDT Moderator: gm Todd
Todd-Prophet Trader: gm everyone
Carson-PDT Moderator: gm AK
ak: gm all
Carson-PDT Moderator: futures gapping up a little but still in P/ D range
Carson-PDT Moderator: not many TYPE Bs as well
joseph b: gm Carson, all
yanni: if I understand your definition of type B well, would EBAY qualify? thanks
Welcome to ProDayTrading.com!
James-PDT Moderator has entered DayTrading Chat
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You can now talk
James-PDT Moderator has become a moderator
James-PDT Moderator: gm all
fammari gm james , whats up ,am
Carson-PDT Moderator: gm James
fammari man*
Carson-PDT Moderator: Yes EBAY gapping, but its also near a resistance area
Carson-PDT Moderator: we will add and watch for a tight stop entry
Carson-PDT Moderator: ty
yanni thanks Carson..
yanni here comes another newbie question...Type B can be long and short plays? Thank you, and I will hold for more questions until lunch time...
Carson-PDT Moderator: Yes, TYPE Bs can be long or short. Gaps up or down
steve has entered DayTrading Chat
Carson-PDT Moderator: we are looking for stocks gapping out of ranges
Carson-PDT Moderator: gm Steve
Carson-PDT Moderator: np, feel free to ask as many questions as you want
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Carson-PDT Moderator: gm Flap
James-PDT Moderator: GM FLAP STEVE
Flap gm cars, todd, james...everyone
yanni thanks for taking the time to explain..
Carson-PDT Moderator: wb fm all
Carson-PDT Moderator: wb gm all
fammari gm flap
Carson-PDT Moderator: np Yanni
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Carson-PDT Moderator: gm Matt
James-PDT Moderator: gm matt
Matt gm all
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lakaer gm all
pancho has entered DayTrading Chat
pancho gm
James-PDT Moderator: gm lakaer, pancho
Carson-PDT Moderator: gm Lakaer, Pancho
Eglambar has entered DayTrading Chat
Carson-PDT Moderator: gm EG
James-PDT Moderator: gm eg
Carson-PDT Moderator: Feel free to post any interesting stocks/trades
Carson-PDT Moderator: the more eyes on the market the better
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James-PDT Moderator: gm njord
ally has entered DayTrading Chat
ally hey guys
Carson-PDT Moderator: gm Njord, Ally
Njord Gm All !
James-PDT Moderator: hey ally
dennis has entered DayTrading Chat
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Carson-PDT Moderator: gm Dennis, JY
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dennis gm everyone
James-PDT Moderator: hey dennis, jy, kehsha
Carson-PDT Moderator: gm Kehsha
Carson-PDT Moderator: Market Review:
jy gm
kehsha good morning
Carson-PDT Moderator: Daily chart: under 5 day EMA, Stoch uptrend
Carson-PDT Moderator: Hourly Chart: uptrend
Carson-PDT Moderator: 5 min: downtrend
char has entered DayTrading Chat
char gm all
Hunter has entered DayTrading Chat
James-PDT Moderator: hey char, hunter
Carson-PDT Moderator: Overall we still have an uptrending bias to the market, although some warngins signs of a tired Hourly trend
Carson-PDT Moderator: Futures looking to gap up about 2 points, but still in the P/D range
Carson-PDT Moderator: gm Char, Hunter
Hunter : gm guys
Karl has logged out
James-PDT Moderator: hey karl
Karl has entered DayTrading Chat
Carson-PDT Moderator: wb
Stanley has entered DayTrading Chat
mark has entered DayTrading Chat
Carson-PDT Moderator: gm Stan, Mark
James-PDT Moderator: gm stan, mark
steve has logged out
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IIJI 11.13[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IIJI 11.13[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IIJI 11.13[/b]
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TALX 39.89[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TALX 39.89[/b]
James-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EBAY 43.01[/b]
James-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EBAY 43.01[/b]
James-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EBAY 43.01[/b]
Bob has entered DayTrading Chat
Carson-PDT Moderator: GM Bob
Carson-PDT Moderator Buy!
Carson-PDT Moderator Buy!
Carson-PDT Moderator Buy!
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]TALX 39.89[/b]
Bob gm Cars
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]TALX 39.89[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]TALX 39.89[/b]
James-PDT Moderator: EBAY CLOSE
Carson-PDT Moderator Profit!
Carson-PDT Moderator Profit!
Carson-PDT Moderator Profit!
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EBAY 43.01[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EBAY 43.01[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EBAY 43.01[/b]
Carson-PDT Moderator: Resistance area up above on EBAY, but very tight stop noted
Carson-PDT Moderator Profit!
Carson-PDT Moderator Profit!
Carson-PDT Moderator Profit!
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]TALX [/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]TALX [/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]TALX [/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]TALX [/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]TALX [/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]TALX [/b]
Carson-PDT Moderator: disregard that first post on TALX, typo
James-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EBAY [/b]
James-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EBAY [/b]
James-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EBAY [/b]
James-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EBAY [/b]
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James-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EBAY [/b]
James-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EBAY [/b]
James-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EBAY [/b]
James-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EBAY [/b]
Abe GENZ close gang
Carson-PDT Moderator: ty Abe
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]Watching for Type A Buy on[/b] [b]GENZ 75.27[/b]
Carson-PDT Moderator: [b]Watching for Type A Buy on[/b] [b]GENZ 75.27[/b]
Carson-PDT Moderator: [b]Watching for Type A Buy on[/b] [b]GENZ 75.27[/b]
James-PDT Moderator: EBAY is impressive today.......heard Carson was selling some of his old Barbies this past weekend
Carson-PDT Moderator: lol
Carson-PDT Moderator Buy!
Carson-PDT Moderator Buy!
Carson-PDT Moderator Buy!
Carson-PDT Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]GENZ 75.27[/b]
Carson-PDT Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]GENZ 75.27[/b]
Carson-PDT Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]GENZ 75.27[/b]
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]GENZ 74.34[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]GENZ 74.34[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]GENZ 74.34[/b]
James-PDT Moderator: Feel free to bring up stocks of interest, even if they are outside of our watch list or strategies, others may find them of interest as well
Eglambar IIJI good at LOD?
Abe IIJI & FORD LOD
James-PDT Moderator: IIJI we need it to touch the 5 ema on the 5 minute and some consolidation, helps us to to define a stop
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Carson-PDT Moderator: gm Furio
James-PDT Moderator: FORD is touching the 5 ema, we will look fo some consolidation as well
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]GENZ [/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]GENZ [/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]GENZ [/b]
Carson-PDT Moderator Profit!
Carson-PDT Moderator Profit!
Carson-PDT Moderator Profit!
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]GENZ [/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]GENZ [/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]GENZ [/b]
ally way to go guys...thx
Stanley You guys are good!!! ty
Carson-PDT Moderator: wtg Ally, Stan gj
dennis Fantastic!
jy GJ this morning - a few good selection. ty.
char thanks guys
jjwolfe This is a great way to start the week!
Carson-PDT Moderator: gj gang
Carson-PDT Moderator: ty
James-PDT Moderator: wow, EBAY is really impressive, who boght that up?
James-PDT Moderator: brought
Carson-PDT Moderator: Yanni did
Carson-PDT Moderator: gj
James-PDT Moderator: ah nice yanni
yanni just a lucky guess..:)
Carson-PDT Moderator: NIHD
Carson-PDT Moderator: was it halted?
Carson-PDT Moderator: lets add to the TYPE B
Carson-PDT Moderator: watch
James-PDT Moderator: [b]ADDING NIHD TO TYPE B WATCH LIST[/b]
James-PDT Moderator: TALK new HOD
James-PDT Moderator: TALX
James-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FORD 27.42[/b]
James-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FORD 27.42[/b]
James-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FORD 27.42[/b]
Eglambar damn exchange threshold list
Carson-PDT Moderator: Yes, that is just another annoying restriction set forth by the SEC/NASD
James-PDT Moderator: Look at FORD 5 minute chart..... when playing a fade of the gap, we wait for a touch of the 5 ema, and consolidation for one or two bars..... we then set a trigger at a new LOD.... this allows us to set a tighter stop and prevents us from chasing the stoc
James-PDT Moderator: stock
jy J/C, TEX short at 50.99 ?
James-PDT Moderator: vn jy, let's add to Type B
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NIHD 79.11[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NIHD 79.11[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NIHD 79.11[/b]
James-PDT Moderator: [b]ADDING TEX TO TYPE B WATCH LIST[/b]
fammari good morning gang
James-PDT Moderator: hey fam
fammari nice trades guys ;)
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jy my concern is TEX has broken 52 week high at 49.01 ?
James-PDT Moderator: yes, no trigger yet, lets watch it for a bit
jy ty
fammari anything close gang?
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James-PDT Moderator: not right now fam
char has entered DayTrading Chat
Carson-PDT Moderator: wb
char ty
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James-PDT Moderator: Market new LOD
renram22 iiji?
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Carson-PDT Moderator: wb
James-PDT Moderator: yes, we have a trigger at HOD
dennis ty
James-PDT Moderator: IIJI in a tight range, either way is a trigger
James-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IIJI 10.55[/b]
James-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IIJI 10.55[/b]
James-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IIJI 11.13[/b]
James-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IIJI 11.13[/b]
fammari lol.. which one james
James-PDT Moderator: It will tell us fam, we note it is a tight range, a break either way is a trigger
fammari ya.. both thanks..
ak which one will come first
James-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FORD 28.74[/b]
James-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FORD 28.74[/b]
James-PDT Moderator: NIHD CLOSE
James-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NIHD 79.11[/b]
Abe had a great morning Car & James thanks...all we expect is same thing everyday...its not asking for much is it? Despite good trading this morning market is not doing anything few points up and down.
ally okay guys...taking off here...thanks for a great morning !!
Carson-PDT Moderator: lol Abe
Carson-PDT Moderator: great Ally, have a great day
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James-PDT Moderator: awesome abe
James-PDT Moderator: FORD relatively close
Carson-PDT Moderator: gj Abe
Carson-PDT Moderator: NIHD is close
James-PDT Moderator: yeah abe......this market is totally flat line right now
jy both eaby and talx are decent runners
Carson-PDT Moderator Update!
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]TEX 50.99[/b]
Carson-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]TEX 50.99[/b]
Carson-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]TEX 50.99[/b]
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Carson-PDT Moderator Buy!
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NIHD 79.11[/b]
Carson-PDT Moderator Buy!
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NIHD 79.11[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NIHD 79.11[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NIHD 79.11[/b]
Carson-PDT Moderator Buy!
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Carson-PDT Moderator: wb
James-PDT Moderator: TEX CLOSE
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]NIHD 78.59[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]NIHD 78.59[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]NIHD 78.59[/b]
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James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]TEX 50.99[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]TEX 50.99[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]TEX 50.99[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]TEX 50.99[/b]
Abe tex stop
Carson-PDT Moderator: tight stop on NIHD
Carson-PDT Moderator: less than 1%
James-PDT Moderator: Market new LOD
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Carson-PDT Moderator: wb EE
ee thank you
fammari what is the stop on TEX?
Carson-PDT Moderator: 51.62
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]TEX 51.62[/b]
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]TEX 51.62[/b]
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]TEX 51.62[/b]
James-PDT Moderator: FORD close to LOD trigger
James-PDT Moderator: Market showing some weakness
Eglambar so is IIJI
James-PDT Moderator: Keep your 5 minute charts of the SPX open......
James-PDT Moderator: yes
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]IIJI 10.55[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]IIJI 10.55[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]IIJI 10.55[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]IIJI 10.55[/b]
ak stop iiji
ak ?
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]IIJI 10.80[/b]
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]IIJI 10.80[/b]
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]IIJI 10.80[/b]
James-PDT Moderator: FORD is close
James-PDT Moderator: Long triggers this morning definitely not helped by the market
fammari FORD entry?
Scooter no shorts on FORD or IIJI
Carson-PDT Moderator: They are on that SHO restriction
James-PDT Moderator: FORD 51.42
Scooter 51.42?
Scooter i will sell u some ford for 51.42 James
James-PDT Moderator: lol
James-PDT Moderator: 27.42
Scooter how many u want?
James-PDT Moderator: if you got in short there.......nice
James-PDT Moderator: lol
Scooter lol
Abe TEX POS
Scooter dont mess with texas
Stanley My stop order hasnt triggered on TEX. Has that been stopped out?
Abe i have
Eglambar no mine hasnt triggered either
Carson-PDT Moderator: I dont believe it has stopped gang
Carson-PDT Moderator: you need two conditions for the stop
Carson-PDT Moderator: price and offer
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Carson-PDT Moderator: You dont want to stop out on a bad tick
Carson-PDT Moderator: if you are still in you may want to wait for a better indication
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Carson-PDT Moderator: Market under the 5 ema, stoch down
yanni goog is getting close to hod with the market down the last few minutes...
James-PDT Moderator: 20 day ema above it, in a range, we will avoid it
Abe talk to you this afternoon gang...bye for now
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Carson-PDT Moderator: ok Abe
James-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]TEX[/b]
James-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]TEX[/b]
James-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]TEX[/b]
jy sorry baout that pos
jy about tex
fammari see u guys this afternoon
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Carson-PDT Moderator: no apologies JY
Carson-PDT Moderator: it fit our setup nicely
yanni James, is the 20 day a strong resistanse area in general? thank you..
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]Cancel TYPE B alerts here. 11:00 turn time[/b]
James-PDT Moderator: Not necessarily, but why play a stock testing it? Better to play a stock not testing anything.......GOOG is also back into congestion, could do anything there
yanni I got you...thanks James..
James-PDT Moderator: Market new LOD took out Friday's lows
James-PDT Moderator: Questions or comments gang?
yanni I have a question, please keep in mind I am new to the site so if I cross the line please yell at me....
yanni do you guys cost average on any trades?
ee had a question
ee NIHD, If I missed the trade at first. Should I but it later at the trigger?
ee but=buy
yanni or do you just suggest entry/exit points and managing the trade is up to each individual? thanks
Carson-PDT Moderator: We do not cost average on our trades
dennis has entered DayTrading Chat
dennis hi again
Carson-PDT Moderator: Of course it is up to you how you attempt the trade
Carson-PDT Moderator: it is a valid money managment plan
Carson-PDT Moderator: we do not encourage it here
Carson-PDT Moderator: EE
Carson-PDT Moderator: We stand by any trade we have open
ee ok, thank you!
Carson-PDT Moderator: if the stock is lower than our entry, and your wish to enter the trade, there really is no need to wait for the second pass at the trigger
yanni thanks Carson...
Carson-PDT Moderator: wb Dennis
Carson-PDT Moderator: I hope that helps
Carson-PDT Moderator: The trigger/breakout area is not significant after the first pass at it
Eglambar hey cars can you give me your stoch setings again I had to reset my charts and I forget them
Carson-PDT Moderator: Those in on OIH long swing trade, you may consider setting your stop to entry
Carson-PDT Moderator: EG, sure its 14,3
Carson-PDT Moderator: slow stochastics
Eglambar thanx
jy ty cars
Carson-PDT Moderator: np
Carson-PDT Moderator: Its a good time to ask questions if you have them
Carson-PDT Moderator: dont hold back
fammari\ has entered DayTrading Chat
Carson-PDT Moderator: wb Fam
Carson-PDT Moderator: if you have a question, chances are someone else may have the same question as well
fammari\ thax car
James-PDT Moderator: Everyone had a good weekend?
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]IIJI 10.76[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]IIJI 10.76[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]IIJI 10.76[/b]
fammari\ has logged out
yanni weekend was great...this morning we are back to typical washington state weather...dark sky steady drizzle..I guess better than nice in the week and rainy in the weekend..
James-PDT Moderator: hehehe, yeah
Carson-PDT Moderator: James, just tell us already
Carson-PDT Moderator: how was Sky High
Carson-PDT Moderator: NIHD near HOD
James-PDT Moderator: [img id=em-9]
Carson-PDT Moderator Profit!
Carson-PDT Moderator Profit!
Carson-PDT Moderator Profit!
Carson-PDT Moderator Profit!
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]NIHD[/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]NIHD[/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]NIHD[/b]
Carson-PDT Moderator: nice patience for those who took that one to the bank
ak Was scary at times. But nice winner.ty
Carson-PDT Moderator: gj AK
Carson-PDT Moderator: without a plan most traders would have gotten shaken out
bob120 it shook me up, but not out. Great call
Carson-PDT Moderator: nice Bob
jy NIHD GJ - ty J/C.
Carson-PDT Moderator: gj JY
jy MOre than made up for TEX. :)
Carson-PDT Moderator: yup pos
Carson-PDT Moderator: Hows that young girl golfer Wie
Carson-PDT Moderator: amazing
Carson-PDT Moderator: 3rd in the British Open
Carson-PDT Moderator: 15 years old
James-PDT Moderator: [img id=em-5]
James-PDT Moderator: NIHD nice runner
jy NIHD new HOD 80.24 wow
Carson-PDT Moderator: James didnt go to the Jr. Prom, because of no date. She'll miss it because she off playing golf in France or something
Carson-PDT Moderator: Stoch on market up, above the 5 ema
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ak Waht is IIJI upto?
ak what
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Carson-PDT Moderator: 10.62 currently
ak lol
Carson-PDT Moderator: NIHD new HOD
Carson-PDT Moderator: ANSI new HOD today.
Carson-PDT Moderator: ANSI - Advanced Neuromodulation Systems
Carson-PDT Moderator: whatever that means
ak don't worry Carson ..it is advanced something. leave it alone.
yanni ak, looks like they formed some kind of alliance with H
yanni make that HP...
Carson-PDT Moderator: whatever they do, their stock is kicking some butt the last few trading days
yanni thank you guys for taking the time to answer my questions....I am going to do some errands and may be back later...if not, I will see you tomorrow and thanks again...
Carson-PDT Moderator: ok Yanni
Carson-PDT Moderator: have a good day
Carson-PDT Moderator: we will open the TYPE B alerts up again at 1:30 pm est
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James-PDT Moderator: NIHD new HOD......nice runner
jy PNRA new LOD 57.82 - I exited on NIHD too early. new hOD
James-PDT Moderator: Oil is actually quite high now
jy That's may be why OIH is moving up
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Carson-PDT Moderator: wb Denni
Carson-PDT Moderator: Dennis
Dennis hi again
Eglambar see you tomorrow guys
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Carson-PDT Moderator: No TYPE C trades today
Carson-PDT Moderator: market trend stinks
Carson-PDT Moderator: no trend really
Carson-PDT Moderator Short!
Carson-PDT Moderator Short!
Carson-PDT Moderator Short!
Carson-PDT Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]PNRA 57.55[/b]
Carson-PDT Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]PNRA 57.55[/b]
Carson-PDT Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]PNRA 57.55[/b]
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Carson-PDT Moderator: wb
jy hi PNRA triggered
James-PDT Moderator: yep we issued
jy Stop on PNRA ?
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PNRA 58.41[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PNRA 58.41[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PNRA 58.41[/b]
jy ty cars.
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]IIJI [/b]
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]IIJI [/b]
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]IIJI [/b]
Carson-PDT Moderator: sigh
Carson-PDT Moderator: NIHD new HOD
jy wow NIHD what a runner, too bad.
Carson-PDT Moderator: all-time highs
Carson-PDT Moderator: just like ANSI
jy Cars, what do you thin about USG ?
Carson-PDT Moderator: nice trend
Carson-PDT Moderator: but today has not trend to support it
Carson-PDT Moderator: it could work out
Carson-PDT Moderator: but risky
Carson-PDT Moderator: if you do plan on entering, a tight stop is suggested
jy ty - it broke 52 week high
jy migh thave up too much already
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Carson-PDT Moderator: wb Kehsha
kehsha thx
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Carson-PDT Moderator: any questions before we head into the third period?
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Carson-PDT Moderator: wb
joseph b Thank you
Carson-PDT Moderator: Slowly heading out of lunch here
jy FORD seems to be moving higher slowly.
jy 1% + on USG
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Carson-PDT Moderator: nice JY
Carson-PDT Moderator: GA Bear
James-PDT Moderator: hey bear how was vegas?
bearrally headage
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bearrally had too much fun
bearrally came back break even
bearrally lol
James-PDT Moderator: ah, that is just like winning
James-PDT Moderator: [img id=em-3]
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Carson-PDT Moderator Update!
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TALX 41.11[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TALX 41.11[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TALX 41.11[/b]
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FORD 28.74[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FORD 28.74[/b]
Carson-PDT Moderator: wb Abe
Abe thanks
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Carson-PDT Moderator: FORD is fairly close
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Carson-PDT Moderator: wb
Carson-PDT Moderator Update!
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FORD 28.74[/b]
James-PDT Moderator: Slow day........
James-PDT Moderator: Feel free to bring up stocks you are watching or to ask questions......
Scooter been watching COGT
Carson-PDT Moderator: Nice
Carson-PDT Moderator: TALX is close too
bob120 FORD fell outa bed
Scooter lol bob
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Scooter fell off the top bunk.
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Abe i like you way of putting it
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Carson-PDT Moderator: wb
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James-PDT Moderator: lol bob is experiencing technical difficulties
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Scooter yup
James-PDT Moderator: [img id=em-3]
Carson-PDT Moderator: wb
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James-PDT Moderator: [img id=em-2]
Scooter COGT just dg
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James-PDT Moderator: [img id=em-3]
Scooter lol
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James-PDT Moderator: [img id=em-3]
Bob hello....am I here
James-PDT Moderator: yep
Scooter for now
Bob that was weird, thx
Carson-PDT Moderator: wb
James-PDT Moderator: Using the 5 Minute SPX...we can see the market is totally flat, we have been trending under the 50 ema since Friday however, and stochastics are currently up
Abe oh no....TALX fell off the bed toooo
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Abe POS - IIJI & TEX showing weakness
Carson-PDT Moderator: hello Kimmron
James-PDT Moderator: welcome kimmronn, new here?
kimmron hello guys. yes. new and excited.
Carson-PDT Moderator: good to have you Kimmron
Scooter Welcome aboard Kimmron
James-PDT Moderator: ah cool, well nothing to be excited about today.....relatively dead, although we have long triggers on TALX and FORD now
kimmron thx
James-PDT Moderator: Our mornings are usually busy, we do not issue Type B Triggers during the lunch period on Wallstreet, and we reopen triggers at 1:30 EST
James-PDT Moderator: Always feel free to ask questions, bring up any stocks you are playing outside of our strategies, or just plain chat during our slow periods
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kimmron_is hi james and carson kimmron and kimmron_is we are H&W and work together. We watched we quite some time and were impressed by your performance
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kimmron thx for your warm welcome
James-PDT Moderator: ah ok cool, have you been reading chats daily?
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kimmron_is almost lateat night our time
ak lost left panel
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Scooter me too ak
renram22 me too
James-PDT Moderator: If you have been reading our chat transcrips daily, you more less know how we operate....
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James-PDT Moderator: hey mark
kimmron_is correct but nothing is like real time
James-PDT Moderator: Market surge
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Scooter im goign to refresh screen so if we cant get back in we may have some more tech problems
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Scooter :)
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jy looks like FORD is consolidating between 28 and 28.2 level..
kimmron normally yes. today is an exception. 50 miles apart.
Carson-PDT Moderator: feel free to ask any questions. the morning are the busiest, and being summer, things get dramatically slower as the day goes on
kimmron_is Carson, what exactly contains the video that u offer? stock scanning and selection also?
Carson-PDT Moderator: It shows in detail what we are looking for when identifying breakout points
Carson-PDT Moderator: for all three strategies
kimmron_is Carson, thx. are u doing the scan prior to market or also in real time and if I may ask what sotw do u use?
Carson-PDT Moderator: We use Prophet Trader's IQ software
Carson-PDT Moderator: We scan for the TYPE A setups after the close of the market today
kimmron_is heard about it, thx
Carson-PDT Moderator: TYPE B candidates are found before the market opens
Carson-PDT Moderator: and some throughout the day
Carson-PDT Moderator: TYPE C setups are found during the lunch hour
kimmron_is thx for the complete answer
Carson-PDT Moderator: sure np
Abe TALX seems to be weak...at what point S is recommended if i have stop loss at 41.10?
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Carson-PDT Moderator: wb
Dennis Cars, what do you think about RSH on a new HOD?
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Carson-PDT Moderator: Looks pretty good Dennis
Dennis thx!
Carson-PDT Moderator: with a tight stop it may be woth a shot
Carson-PDT Moderator: the market is a heading into overbought territory however
Scooter BOOM new hod
kimmron_is Carson, we can't see the stock table on the right. is it our local problem?
Flap go BOOM...
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Abe SNDK still L play @ 34.26 or hold off for now?
James-PDT Moderator: could you ever see in kimmron?
James-PDT Moderator: it
James-PDT Moderator: yes abe
James-PDT Moderator: I believe it is working fine kimmronn
Flap kimmron....the left panel hangs up on my pc periodically as well...don't worry...it only happens to the good lucking guys in the chat room...lol
kimmron yes i could see the table on the left. just until few minutes ago.
Carson-PDT Moderator: lol
Flap lucking = looking....can't spell today
James-PDT Moderator: lol flap true. yes kimron, you may have to relog, if you are accidently booted by the server or lose the left panel it it because you are handsome so dont worry about it
Stanley Darn, my tables are still ok.
Flap lol
Carson-PDT Moderator: lol Stan
James-PDT Moderator: lol
Carson-PDT Moderator: terrible market trend today
kimmron_is flap, i was unsure about lucking and considering my poor english I started checking the dictionary. thx for the intention anyway
James-PDT Moderator: where are you guys?
Flap np kimmron
Scooter im at home
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James-PDT Moderator: Don't force any trades gang or overtrade, lot of range trading going on......no real direction or action
Flap i'm out by the pool...hehehe
James-PDT Moderator: lol sccot, not you
James-PDT Moderator: wow flap
bearrally kimmron, that's a good one
Scooter lol
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bearrally flap, where can i find a job like your?
Scooter ill bring over the beer Flap.
Flap sounds good scooter....come on bear....you sound like you have quite the life too! lol
kimmron_is James, where are u was for us?
Flap check out ELOS....
James-PDT Moderator: yes, what country / or part of the US?
Scooter im watching Flap
James-PDT Moderator: dont tell me you own 10k shares of ELS flap
James-PDT Moderator: ELOS
kimmron_is in the middle of the Midlle East, make a guess
bearrally flap, still have to work
bearrally got 2 trades today
Flap james...here's the deal...i have 5k shares in my core account...and I bought 10k this am on the break-out and then genius me sold them at 40.6....ouch
James-PDT Moderator: [img id=em-5]
James-PDT Moderator: well, still considerable profit flap......and all that by your swimming pool
Flap lol james....yeah,,,,guess you're right...
Hunter : gotta go, have a good evening Guys
James-PDT Moderator: last time i checked you cant make money like that sitting by the pool
bearrally mth and stra
Flap see ya hunter
James-PDT Moderator: ok hunter take care
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James-PDT Moderator: unreal kimmron, i dont think i would want to be over there now
Flap now if I can just get the fire dept over here to fill the darn thing up...lol
James-PDT Moderator: how many days does it take for you to fill your pool up?
Scooter EBAY off hod?
Flap lol james....it's not THAT big
bearrally keep pumping cpn flap
Scooter lol
Scooter put in the water hose
Flap amen bear....i'm still long on that baby...been going nowhere lately...is it up today?
Flap oh...just saw it....up 6% today...nice ....is there news or something?
Carson-PDT Moderator: Stoch nearly coming down from overbought territory
kimmron_is James, Israel
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James-PDT Moderator: ah ok kimmronn
James-PDT Moderator: much safer
Todd-Prophet Trader Maybe we should use the term good lucking for Flap
Flap lol Todd....very funny...
Todd-Prophet Trader Trading by his pool and doesn't even know when
James-PDT Moderator: yeah, CPN nice, holding the above the daily moving averages..... 110k of that flap?
Todd-Prophet Trader his stock is up 6%
James-PDT Moderator: 100k
Flap no james....sold some off...have 75k now
James-PDT Moderator: lol
Carson-PDT Moderator: EBAY nearing HOD but we will hold off on any long entry
James-PDT Moderator: So in your core portfolio, you buy all beaten up stocks?
Flap i have to fun my losses day trading someway you know...lol
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Carson-PDT Moderator: resistance noted and market is just coming off of an overbought condition
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Flap no james...i hold a combo of value plays like CPN, DRL, ELN, etc and high growth plays including micro caps like VPHM and NTRI...
Carson-PDT Moderator: wb
James-PDT Moderator: VPHM wow
James-PDT Moderator: NTRI wow
James-PDT Moderator: flap wow
James-PDT Moderator: you should create a stock like Warren Buffet.......
kimmron i still can not see the left panel. any advise?
Flap yeah...that's been a nice ride...ntri as well...but took some licks along the way as well like a nice loss on stem when i shorted it and it gapped open the next day...
James-PDT Moderator: Pretty sure the room would invest in your stock
Flap lol james...
Carson-PDT Moderator: Have you tried closing down your browser Kimm?
jy BBY ?
Carson-PDT Moderator: and starting from a new browser?
Flap let's see where i end up the year...you how this game goes...up today...down tomorrow..
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James-PDT Moderator: I can't believe Rafael Palmeiro has just gotten busted for steriods after he just testifed in front of the Senate..........lol [img id=em-5]
Flap really....what's the penalty?
James-PDT Moderator: 10 game suspension.....check the front page of ESPN.com
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bearrally still waiting for cafe to open
Flap will do...thks
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kimmron thx. re-opening the browser helped.
James-PDT Moderator: ah good
James-PDT Moderator: bear is it halted and are you long or short?
kimmron_is me too
Flap what's up with CAFE?
Carson-PDT Moderator: its halted for making possible misleading statements
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Flap looking at the YMB now...
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Carson-PDT Moderator: wb Fam
James-PDT Moderator: bear, tell me you are short a million shares or something.....
Scooter IIJI off hod?
Carson-PDT Moderator: came a long ways
Carson-PDT Moderator: no tight stop note
Carson-PDT Moderator: noted
bearrally james, only 10k short
kimmron_is James, why the losses are not limited to 1% or even lower. from a short sttics of last month it wouldn't hurt on the contrary it could be profitable
Carson-PDT Moderator: with market coming down from overbought
bearrally re-open on the 5th
bearrally never know they can halted it that long
James-PDT Moderator: kimmronn.....we like to punish ourselves with bigger losses than gains that we can book......no one can say we exagerate our gains........lol
bearrally james, if i shorted 1 millions shares, i am long gone already
James-PDT Moderator: nah, actually kimmron......
James-PDT Moderator: our stops are based on identifed resistance / support levels, if it larger than 1% that cannot be helped
James-PDT Moderator: We only book 1% gains to show our success rate, and that a few percent a days adds up
James-PDT Moderator: Although we book only 1%, we note the call on our triggers often leads to breakout runners for the day, that often yield much more than 1%
James-PDT Moderator: Almost everyday we have 1 or 2 triggers that well exceed 1%
James-PDT Moderator: still nice bear, hope that stock opens at 2 bucks for you..........but that halt period is crazy
bearrally the sec probably at my door for insider trading
bearrally lol
bearrally i got a letter from sec back in 02, trading emulex
Flap lol
James-PDT Moderator: If the SEC finds it misleading imagine the panic that will set in..........you may have a nice windfall for another Las Vegas excursion and shopping for the wife
kimmron_is James, yes we noticed that and we guessed that the 1% is to keep a consistent record. regarding the losses it sounds logical and if this your system I guess it is good to stick to it. soory for the large # of questions. just begginers
James-PDT Moderator: no problem, ask lots of questions
bearrally 3 trades in a week net over 1.1 mil
James-PDT Moderator: what?
James-PDT Moderator: when? where? how?
bearrally emulex
James-PDT Moderator: ah
James-PDT Moderator: holy smokies bear nice
bearrally bought it, it gap, closed it and shorted, gap down
bearrally 3 trades, they thought i was on the inside
bearrally that was scary
Carson-PDT Moderator: Was that when that false rumor came out?
Flap nice bear
bearrally yup
Scooter whats ticker for emulex?
Abe done for the day guys...talk to you tommorow...cheers.
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Flap BEAR
bearrally used to be on nask
bearrally think they moved to ny now
James-PDT Moderator: ELX
Carson-PDT Moderator: There was someone who spread a false rumor on Emulex about that time
James-PDT Moderator: yeah, 1999 was crazy for it
Carson-PDT Moderator: stock took a major dive intraday
James-PDT Moderator: actually all stocks
Carson-PDT Moderator: and took QLGC along with it
jy J/C, people are saying that SPX 1253 is a major level that has to be overcome ?
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James-PDT Moderator: Not sure how that was derived......but each new high is a high over 4 years ago jy
jy yup. you're right about that.
James-PDT Moderator: [b]CANCEL FURTHER TRIGGERS[/b]
James-PDT Moderator: Pretty uneventful day for us
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Carson-PDT Moderator: JY I think they are using that as a 5/8 retracement off the lows
Flap boom...is going boom...
Carson-PDT Moderator: since we broke past 1/2 retracement they are eyeing the 5/8 retracement as next resistance area
James-PDT Moderator: Very near topside resistance, BOOM that is
jy Mike Santoli points out in
this week's Barron's, the 1,253 area may prove troublesome as it represents
the 61.8-percent Fibonacci retracement of the benchmark's 2000 high and
2002 low.
James-PDT Moderator: or breakout
Flap exactly james....will be interesting...
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Carson-PDT Moderator: wb Dennis
dennis got bumped
kimmron_is quite late here, so bye and hear from u tomw
James-PDT Moderator: ok kimmron, 3:30 EST
James-PDT Moderator: 9:30
kimmron_is 10:30 pm
Carson-PDT Moderator: ok Kimmron, take care
James-PDT Moderator: Eastern Standard Time.....not sure what time that is for you
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kimmron_is thx bye
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jy kimmron is 7 hours ahead of EST. Is he from Europe ?
Carson-PDT Moderator: Israel
jy ic.
James-PDT Moderator: When he said middle east and "guess" I was thinking we have someone from Iraq trading???
James-PDT Moderator: lol
Carson-PDT Moderator: Yeah that was my first thought
jy Israel has some good companies htat are listed inthe U.S. I forgot their names.
Carson-PDT Moderator: TEVA
jy I think so.
char thanks guys see ya in the am
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James-PDT Moderator: ok char take care
jy J/C, ty for a respectable day. cu guys tomorrow. gn
Carson-PDT Moderator: ok JY
Carson-PDT Moderator: have a good one
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Carson-PDT Moderator: Are there any questions about today, the strategies, T/A, trading?
dennis None rite now..time to take off ..thanks Cars....
fammari thanks car, james
James-PDT Moderator: ok dennis, fammari
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fammari thanks car, james
Scooter have a good night all
James-PDT Moderator: ok scoot, fam
Carson-PDT Moderator: Ok Scoot have a good one
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Flap gotta run too guys....did very well today...thanks...see ya all tomorrow...
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Carson-PDT Moderator: Ok gang
James-PDT Moderator: Market slight sell off into close......making for a great big fat flat nothing day
Carson-PDT Moderator: I will be heading out here
Carson-PDT Moderator: have a great evenig
Carson-PDT Moderator: I will see you all tomorrow
Carson-PDT Moderator: good night
Carson-PDT Moderator is no longer a moderator
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Matt gn and thanks
James-PDT Moderator: Final questions or comments gang?
James-PDT Moderator: ok matt take care
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Abe just checking...did'nt miss much this afternoon
James-PDT Moderator: yep nothing abe
James-PDT Moderator: ok gang take care everyone
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Abe Cool...see you guys tommorow...cheers
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