8/24/05 Chat Session
Carson-PDT Moderator: gm all
hank: gm carson
Carson-PDT Moderator: gm Hank
Carson-PDT Moderator: hows your morning coming along?
hank: great so far thks, but it's early still :)
Carson-PDT Moderator: [img id=em-3]
renram22: gm Carson & James, and everybody
Carson-PDT Moderator: gm Ren
ally has left the room
ajax: gm carson
Carson-PDT Moderator: gm James, AK
James-PDT Moderator: gm all
hank: watching ARO COO UPL
ak: gm all
James-PDT Moderator: gm ally
Carson-PDT Moderator: gm Ally
ally: hey guys
char: gm all
James-PDT Moderator: gm char
Carson-PDT Moderator: gm Char
Carson-PDT Moderator: gm Todd, Steve
steve: thank you gm carson
Todd-Prophet Trader: gm everyone
Violet: gm Carson, James
Carson-PDT Moderator: gm Deck, Violet
kdecker: gm
Carson-PDT Moderator: gm Pancho
pancho: gm
Carson-PDT Moderator: gm Dennis
dennis: gm everyone
Carson-PDT Moderator: gm Myrando
dennis: how do I exit whisper?
Njord: Gm everyone.
Carson-PDT Moderator: gm Njord
Carson-PDT Moderator: it only works onces Dennis
dennis: thx
jy: gm
Carson-PDT Moderator: gm JY
myrando: gm Cars
jy: gm cars
myrando: gm guys
Carson-PDT Moderator: gm Stan
Carson-PDT Moderator: Market Review:
Carson-PDT Moderator: Daily chart: under the 5 day EMA, stoch down
Carson-PDT Moderator: Hourly chart: downtrend
Carson-PDT Moderator: 5 min chart: downtrend
Carson-PDT Moderator: overall we have a downtrending bias to the market
Stanley: gm
Carson-PDT Moderator: Futures look to be gapping up about 2 points
Carson-PDT Moderator: still in the p/d range and still in a downtrend
Abe: gm gang
Carson-PDT Moderator: GM ABE
Carson-PDT Moderator: CANCEL FRED WATCH
Carson-PDT Moderator: WB
Carson-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]RARE 27.64[/b]
Carson-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]RARE 27.64[/b]
Carson-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]RARE 27.64[/b]
Carson-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PDCO 39.07[/b]
Carson-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PDCO 39.07[/b]
Carson-PDT Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]IVGN 81.74[/b]
Carson-PDT Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]IVGN 81.74[/b]
Carson-PDT Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]IVGN 81.74[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]RARE 27.64[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]RARE 27.64[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]RARE 27.64[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]RARE 27.76[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]RARE 27.76[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]RARE 27.76[/b]
Carson-PDT Moderator: We will not issue a short alert on PETM at this time
Carson-PDT Moderator: support noted on its daily chart
Carson-PDT Moderator: Resistance area noted on USMO highs as well
Carson-PDT Moderator: PDCO is close
Carson-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PDCO 39.07[/b]
Carson-PDT Moderator: PDCO is on thin side so trade accordingly
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PDCO 39.07[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PDCO 39.07[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PDCO 39.07[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PDCO 39.87[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PDCO 39.87[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PDCO 39.87[/b]
Carson-PDT Moderator: HOD would be slightly looser
Carson-PDT Moderator: gm Hunter
hank: watching ARO COO UPL
Hunter: : gm guys
Carson-PDT Moderator: ARO still in recent range
Carson-PDT Moderator: UPL interesting as its nearing a trend low
Carson-PDT Moderator: sorry about that
Carson-PDT Moderator: UPL near trend highs
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]RARE[/b]
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]RARE[/b]
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]RARE[/b]
ajax: what is the correct entry point on pdco - 39.87 is posted?
Carson-PDT Moderator: No sorry it is 39.07
Carson-PDT Moderator: corrected
Carson-PDT Moderator: ty
Carson-PDT Moderator: gm Johnny
Carson-PDT Moderator: Stoch up market above the 5 ema
renram22: STOP on PDCO?
Carson-PDT Moderator: 39.87
Carson-PDT Moderator: lets add CWTR to the TYPE B Watch
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CWTR 29.66[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CWTR 29.66[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CWTR 29.66[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PDCO 39.70[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PDCO 39.70[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PDCO 39.70[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PETM 27.27[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PETM 27.27[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PETM 27.27[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PETM 26.27[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PETM 26.27[/b]
Carson-PDT Moderator: typo
Carson-PDT Moderator: Market near to yesterdays lows
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CWTR 29.66[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CWTR 29.66[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CWTR 29.66[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]CWTR 29.24[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]CWTR 29.24[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]CWTR 29.24[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]IVGN [/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]IVGN [/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop to entry[/b] [b]IVGN [/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CWTR[/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CWTR[/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CWTR[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PETM 26.27[/b]
Carson-PDT Moderator: INTU new LOD
Carson-PDT Moderator: sorry gang, my chart was not reflecting the correct data for that chart
Carson-PDT Moderator: I missed the signal but for those who were on it there was a short signal at 44.48
jy: iNTU short lod 44.24 ?
Carson-PDT Moderator: We will hold off
jy: ty
Carson-PDT Moderator: there is a slight support area at 44 area
Carson-PDT Moderator: Market still under the 20 EMA
Carson-PDT Moderator: Watching the 20 ema on 5 min chart here and how market reacts around it
Carson-PDT Moderator: as mentioned many times before, it is a great MA to monitor for significant changes in trends
Carson-PDT Moderator: Market currently going sideways Under the 20 ema
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]PDCO[/b]
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]PDCO[/b]
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]PDCO[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PDCO 40.03[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PDCO 40.03[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PDCO 40.03[/b]
Carson-PDT Moderator: very tight stop if triggered
Carson-PDT Moderator: low of pullback
ak: PDCObanging its head on 40
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PDCO 40.03[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PDCO 40.03[/b]
Carson-PDT Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PDCO 40.03[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PDCO 39.69[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PDCO 39.69[/b]
Carson-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PDCO 39.69[/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PDCO [/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PDCO [/b]
Carson-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PDCO [/b]
jy: get most of the loss back from PDCO. ty
Carson-PDT Moderator: Nice JY
dennis: great move...sold it at 40.6!
Carson-PDT Moderator: nice Dennis wtg
dennis: ty
Carson-PDT Moderator: Monitor your SPX charts gang
Carson-PDT Moderator: Stoch still up
jy: that was a quick move
Carson-PDT Moderator: market creeping above the 5 ema and taking a stab at its 20
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PETM 26.27[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PETM 26.27[/b]
Carson-PDT Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PETM 26.27[/b]
Carson-PDT Moderator: 5 min EMAs still in downtrend
Carson-PDT Moderator: market above the 20 ema now
Carson-PDT Moderator: any questions?
jy: market is moving up new hod
Carson-PDT Moderator: ty JY
ak: I need a microscope to see any change. lol
Carson-PDT Moderator: lol....
Carson-PDT Moderator: really this market is horrible
Carson-PDT Moderator: market at HOD
Carson-PDT Moderator: smokin
jy: APPB broke 22.26 down to 21.97 now is 22.05. short 21.96 ?
Carson-PDT Moderator: looks good, but we will likely hold off until after lunch
Carson-PDT Moderator: but that is a great setup JY
Carson-PDT Moderator: thats the way to look at it
Carson-PDT Moderator: we will watch it
Carson-PDT Moderator: market currently trading sideways just above the 20 ema
jy: ty. cars. most likely we canhave the current level 22.05 range as stop if it continues to consolidate and then move down to new lod
Carson-PDT Moderator: 22.21 likely a good stop
Carson-PDT Moderator: that was the last test of its 20 ema and its just about 1%
jy: ty
Carson-PDT Moderator: ty
Abe: PETM waking up
Carson-PDT Moderator: any other stocks of interst?
Carson-PDT Moderator: interst
Carson-PDT Moderator: interest
kdecker: Is it October yet?
Carson-PDT Moderator: lol
Carson-PDT Moderator: cant come soon enough
kdecker: Out of curiosity -did anybody have buy stops hit on the PDCO short that were placed at 39.70? If so - what was the execution?
Carson-PDT Moderator: 10 more minutes until the turn time
Carson-PDT Moderator: market just off the HOD
Carson-PDT Moderator: well and also not much off the LOD
renram22: kdecker, PDCO execution was bad at my end too. i had given stop market, and i lost more than i shd have.
Carson-PDT Moderator: nice exit out of PDCO gang
Carson-PDT Moderator: PDCO stock is thin and a mover
kdecker: tx ren - I was out in the .90's w/ a stop at .7
Carson-PDT Moderator: Thin stocks take more executions skills. It often involves wider stops but also bigger returns
renram22: mine executed at 40.00, with stop loss at 39.75
renram22: tks carson
dennis: time for my OTHER day job... jr. will be on later...bye
jy: PDCO seems to be moving back down from a hod of 40.71 after we long it.
Carson-PDT Moderator: ok Dennis
Abe: Any type C's
jy: market looks like it wants to move higher - another new hod
Carson-PDT Moderator: one penny at a time
jy: yes and APPB seems to be consolidating at the curren tlevel at 22.04 to 22.08. interesting to watch after lunch
Abe: wake up guys....its turn time already
Carson-PDT Moderator: Im still trying to figure out what the gas cap is for
Carson-PDT Moderator: [b]Cancel TYPE B alerts[/b]
Carson-PDT Moderator: 11 turn time
Carson-PDT Moderator: ty Abe
ajax: ref - pdco: are stop limits orders ever more effective then stop loss market orders in these type of situations?
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]IVGN Breakeven[/b]
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]IVGN Breakeven[/b]
Carson-PDT Moderator: [b]STOPPED Consider exit in[/b] [b]IVGN Breakeven[/b]
Carson-PDT Moderator: Ajax it is all a matter of preferrence. Market orders will ensure you exit the trade
Carson-PDT Moderator: Limits only guarantee the price
Carson-PDT Moderator: On my stop losses I prefer market orders.
renram22: Is the buy at 26.27 on PETM off too?
Carson-PDT Moderator: If I am being stopped. I want out. I dont want to run the risk of still being in the trade
Carson-PDT Moderator: yes Ren
renram22: tks
ajax: ty
Carson-PDT Moderator: np
Carson-PDT Moderator: Scanning for TYPE C setups
Carson-PDT Moderator: shorts right now
Carson-PDT Moderator: CWTR new HOD
Carson-PDT Moderator: Market testing 50 EMA area
Carson-PDT Moderator: market new HOD
Carson-PDT Moderator: any questions gang?
Carson-PDT Moderator: we are entering the lunch period on Wall St.
Carson-PDT Moderator: the most unprofitable time of day
Carson-PDT Moderator: Being a summer August makes it that much worse
ak: Does the green dot on 5 min chart indicate the so called MKT surge?
Carson-PDT Moderator: lmao
Carson-PDT Moderator: lol
ak: Thanks for confirmation. I thought so. lol
Carson-PDT Moderator: Ally are your kids in school yet?
Abe: Any possible type C's?
Carson-PDT Moderator: Scanning right now but not seeing much
Abe: ty see you guys in a bit
Carson-PDT Moderator: ok Abe
Carson-PDT Moderator: see you
Carson-PDT Moderator: market turned away at the 50 EMA. At least for nwo
Carson-PDT Moderator: now
Carson-PDT Moderator: Stoch in overbought territory
Carson-PDT Moderator: nearly coming down
Carson-PDT Moderator: market under the 5 ema
Carson-PDT Moderator: stoch dowon
Carson-PDT Moderator: down
Carson-PDT Moderator: break in market trend noted
ally: sorry cars..stepped away :) the 2 oldest are back in school, the youngest starts preschool after labor day...then i will be alone in the mornings
Carson-PDT Moderator: are you the type to cry when your kids start preschool?
Carson-PDT Moderator: or are you used to it , this being the third
ally: i was sad with my oldest....but now i am excited for them all to go...lol
Carson-PDT Moderator: lol
ally: i've always stayed home with them so i am looking forward to having some free time, especially now that i'm trying to do something serious with my time (compared to non-stop housework)
jy: PETM just off lod 25.45
ally: hey did you guys see that reporter in jackson hole earlier? i'll bet that is close to farmer kim's place...she said she lives in SE idaho
Carson-PDT Moderator: I was watching
ally: we went camping out there a couple years ago...beautiful country
Carson-PDT Moderator: its beautiful
Carson-PDT Moderator: it almost looked fake
ally: lol
ally: i remember driving and i just couldn't stop staring...if i ever moved away from the midwest, that's where i'd go
Carson-PDT Moderator: I just want to go to get a glimpse of Greenspan
Carson-PDT Moderator: not
ally: greenspan fly fishing
ally: picture him in the 'outfit'
Carson-PDT Moderator: lol
Carson-PDT Moderator: I think they showed a picture of young Greenie on CNBC
Carson-PDT Moderator: whoa
hank: oeuuu Ally---there went my lunch on that visual
Carson-PDT Moderator: talk about the most ridiculous looking rug on his head
ally: lol hank
Carson-PDT Moderator: lol Hank
hank: {yuk}
hank: I call those outfits potatoe sacks if they are brown, so I can see him with his rug and in a potatoe sack
Carson-PDT Moderator: lol, a potato sack capped off on top with a rug
hank: I just became Dan Quayle with my spelling of potato it seems
Carson-PDT Moderator: and a little arm hanging out whipping the fly around
ally: lol
hank: lol
Carson-PDT Moderator: If I had a nice long conversation with Greenspan, my only word to him would be
Carson-PDT Moderator: What?
ally: makeover?
Carson-PDT Moderator: lol Ally
Carson-PDT Moderator: I don't think I ever understood what he has said. Mostly because I lose my concentration after his first few words
Carson-PDT Moderator: What?
ally: lol
hank: I am with you Carson, I have a hard time even looking at him for very long---and his wife is no prize either
Carson-PDT Moderator: rotflmao
Carson-PDT Moderator: I have not had the pleasure of seeing his wife
ally: some art gallery is carrying dozens of paintings of him but the same artist...different angles...and she says the'yre for sale
ally: buy
Carson-PDT Moderator: but can only imagine the type of person it would take to put up with him
ally: by
ally: lol
hank: don't eat first Carson---consider yourself forewarned
Carson-PDT Moderator: lol
Carson-PDT Moderator: For winning first place a very nice portrait of Greenie.
Carson-PDT Moderator: For second place, two very nice portraits of Greenie
ally: wow..oil hit 68
ally: i really need to get rid of my suburban
char: Ya never know ..he could be a bundle of excitement ! lol
ally: lol char
Carson-PDT Moderator: wow, did you all see that dance that CEO did on CNBC
Carson-PDT Moderator: looked like he was convulsing
Carson-PDT Moderator: ah Char the optimist
hank: I just got an email from my daughter that there is a pust out there for everyone in the US to boycott gas on 9/11 to send a message to the oil companies
hank: "push"
ally: that is a good idea
Carson-PDT Moderator: those kind of emails go around a lot but never works
Carson-PDT Moderator: I also read one that says that if we all purchased gas from the smaller gas companies, the bigger ones who set the prices will be forced to drop their prices resulting in lower gas
ally: i saw that one too cars
ally: you'd have to boycott longer than a day to get anyone's attention
char: how would it be enforced or get enough of people to actually boycott
hank: that's an even better idea because it would help the little guys and be more effective in the long run
Carson-PDT Moderator: yes Hank
ally: okay so which ones are the little guys?
ally: is that a dumb question?? they all seem big to me
char: me too it would'nt be shell or mobil or exxon
Carson-PDT Moderator: yup the smaller names
ally: speaking of ugly guys and mops,,,,there's the donald
hank: The donald is an example of why money is important---how does he get all those good looking women?
Carson-PDT Moderator: hmm there is a big difference between the Donald and Greenie
ally: one of them has better hair?
ally: no that can't be it
hank: one of them has a better looking wife
ally: lol
Carson-PDT Moderator: lol
char: i don't think the donald has a rug ..he has that come over thing going on
Carson-PDT Moderator: dont know where it starts or where it ends
Carson-PDT Moderator: truly a mystery
ally: i think you're right...it's just a little too poofy
Carson-PDT Moderator: but still married to a super model
hank: yep---it's the money I tell you
Carson-PDT Moderator: The Donald that i
Carson-PDT Moderator: is
ally: well, if i had my choice getting rich between marrying donald and going on fear factor....
ally: at least on fear factor it's over with in a few hours and you get the money
ally: being married...waking up every day...
Carson-PDT Moderator: But fear factor you will not receive much
ally: okay i'm not being very nice
Carson-PDT Moderator: 50k?
hank: good point ally. I wonder what that hair looks like after a night's sleep
ak: lmao
ally: lol
ally: depends on how much you can put up with i guess---lol
char: true
ak: Breaking news will be ... Donald Wears a wig
hank: anyway, who am I to talk---after my blown stop this am on PDCO, I might have to marry the Donald
Carson-PDT Moderator: lol
ally: lol hank
Carson-PDT Moderator: man Martha just looks so fake whenever she tries to play a softer angle
char: ok who can we pick apart now? Martha
ally: i feel bad i think i started it :(
Carson-PDT Moderator: lol, while we were on the subject of ripping apart people.
ally: i'm being haunted by my back to school talk with the kids--'if you can't say anything nice, don't say anything at all'
char: lol
Carson-PDT Moderator: Its ok because we are all perfect in here
ally: lol
char: when you're right, you're right
Carson-PDT Moderator: Dont feel bad Ally, I think Hank threw fuel on the fire with his jealous driven comments about Greenies wife
Carson-PDT Moderator: lol JK Hank
ally: lol
Carson-PDT Moderator: Hi Dennis
dennis: Hey cars
Carson-PDT Moderator: Jr or Sr?
dennis: jr :)
Carson-PDT Moderator: ah ok
Carson-PDT Moderator: Did you just wake up?
dennis: heh yep
dennis: im in California so its only 9:30 here
Carson-PDT Moderator: nothing wrong with that
Carson-PDT Moderator: Hi Mike
Carson-PDT Moderator: any questions?
Carson-PDT Moderator: we have about 30 more minutes until we start looking at the TYPE B alerts again
Carson-PDT Moderator: whoa, that was a freaky dance that he did
Carson-PDT Moderator: CEO on CNBC that is
ally: VPHM over 17 bucks
ally: dave paper traded at 14.85 :(
Carson-PDT Moderator: nice Ally
Carson-PDT Moderator: definitely in play
Carson-PDT Moderator: wb Johnny
Carson-PDT Moderator: [b]Watching for Type A Buy on[/b] [b]VPHM 17.19[/b]
Carson-PDT Moderator: [b]Watching for Type A Buy on[/b] [b]VPHM 17.19[/b]
Carson-PDT Moderator: [b]Watching for Type A Buy on[/b] [b]VPHM 17.19[/b]
Carson-PDT Moderator: any questions as we head out of lunch here?
jy: PETM short lod 25.11 ?
Carson-PDT Moderator: very shortly
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Carson-PDT Moderator: wb
James-PDT Moderator: ty
Violet has left the room
ally hmmm...what about SCSC at 43.24?
Carson-PDT Moderator: very nice setup Ally
Carson-PDT Moderator: volume is light though
James-PDT Moderator: may work out.......but, has seen those levels before.....mid april, and early july
ally saw that...but those lows are 41.60-ish...so i thought there might be room for some profit...or is it smarter to wait & see if it goes below those points?
Carson-PDT Moderator: There is room to move down
Carson-PDT Moderator: Keep eye on market though
ally im just bored...looking for something, anything that might work :)
James-PDT Moderator: awesome ally....
Carson-PDT Moderator: brb
James-PDT Moderator: Questions, comments, anything of interest?
James-PDT Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PETM 25.11[/b]
bearrally has entered DayTrading Chat
bearrally you guys aren't doing that good either
James-PDT Moderator: BAH
James-PDT Moderator: lmao
James-PDT Moderator: ok, bear, Dow +3, Naz +3........i know this market no action is killing you........
bearrally this is ugly
bearrally lol
James-PDT Moderator: what do you have now?
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PETM 25.11[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PETM 25.11[/b]
James-PDT Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PETM 25.11[/b]
James-PDT Moderator: Yesterday must have been a little exciting for you?
bearrally bought some ford and gm 2008 leap
bearrally put
bearrally believe they will be in bk soon
bearrally employee discount did do too well
James-PDT Moderator: more or less agree.......wow that is a long term trade for you.....
bearrally more expensive to borrow
bearrally still have some more buy into mrk and pfe
James-PDT Moderator: actually bear........didnt the employee discount do super well? the question is, why sell so many cars at breakeven, now they won't need a new car for awhile
hank-1 has entered DayTrading Chat
Abe stop
bearrally believe it or not, i do have some long term hold
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PETM 25.52[/b]
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PETM 25.52[/b]
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PETM 25.52[/b]
James-PDT Moderator: like what?
bearrally like mo, ge, pfe, jnj, mmm, cat,
hank has logged out
James-PDT Moderator: did you just get in those?
bearrally pfe is my recent addition
bearrally mo had for over 5 yrs now
bearrally 2000 when all those lawsuits came into play
James-PDT Moderator: that one is super nice
bearrally jnj had for over 10 yrs now
bearrally mmm, cat are both about 3 yrs
James-PDT Moderator: jnj, my 90 year old grandmother has a ton of that.......in her old age she keeps telling me how 1/3 of all super market items are companies of jnj, lol
bearrally lol
bearrally it is true
bearrally my only dog is mat
bearrally sorry
bearrally one more dog, nok
bearrally jy & ally, what are you two upto?
James-PDT Moderator: like you mentioned, korea and china are way ahead in that industry
James-PDT Moderator: yeah jy, what are you doing?
ally hey bear
jy not too much. waiiting for PETM tp come down. shorted MOVI again and made 1.5%. that's it.
bearrally might heading back to vegas
James-PDT Moderator: anyone else got Anything of interest......flat line market
James-PDT Moderator: nice jy.....
James-PDT Moderator: this weekend bear?
ally me...just doing some laundry...lol
James-PDT Moderator: Movi is your daily cash cow jy
James-PDT Moderator: lol ally, pick mine up too......my wife is allergic
jy MOVI is like my ATM machine lol
James-PDT Moderator: to house chores
ally anything else i'm doing is on paper
James-PDT Moderator: lmao jy
ally lol james
ally allergic to doing laundry?
ally oh..just saw your next line...chores
char food shopping is always a fun thing ally lol
ally :)
Abe whose turn is it to kick PETM?
James-PDT Moderator: It is wierd.....my mother in law has to one of the most "domesticated" moms.....she was a stay at home mom, cooking, cleaning, sewing, art crafts, etc........my wife seems handicapped in all those areas......i think when a mom does all those things, the daughters expect it to be done for them.....you watch ally, your daughters won't do any of that when they get older.......
bearrally i got no trade for 2 days
bearrally this is unreal
James-PDT Moderator: hahhaha, bear, you are like a crack addict....suffering withdrawal.....so you are going to vegas this weekend?
bearrally yes, going back to ceasar
dennis day trading isnt enough for you?
James-PDT Moderator: you paid off your marker? isn't your wife getting tired going there?
dennis lol
bearrally as long as she get to shop, she won't get tired
bearrally lol
James-PDT Moderator: seriously dennis, bear is adrenaline junkie
ally lol james...my mom did all that and i'm just like her...and her mom...long line of farming families & that's just how you do things...but since i went & married a doc, you're probably right...my girls won' t want to do any of it
James-PDT Moderator: yeah ally.....rural/ farm lifestyle is done.....except in idaho.......
James-PDT Moderator: [img id=em-5]
ally they all have chores now, so hopefully it is something that will become habit for them
ally lol
dennis kick it some more Abe
James-PDT Moderator: bear, wife knows about your marker?
Abe belive me i am trying....stubborn little bugger
bearrally James, wife don't know alot of what i do
James-PDT Moderator: [img id=em-5]
bearrally she doesn't know what we have either
bearrally she just know that she never have to worry about bills
bearrally lol
James-PDT Moderator: lmao...well i guess that is important
ally wow bear...your wife has a great life--lol
Carson-PDT Moderator: Gang I will need to step out for a bit, I will be back tomorrow morning
Carson-PDT Moderator: James will take you to the close
ally see ya cars
Carson-PDT Moderator: Have a great day/evening
Carson-PDT Moderator: see you all tomorrow
Carson-PDT Moderator is no longer a moderator
Carson-PDT Moderator has logged out
bearrally She tried, but got really scare when bills was pilling up, got stress out and told me
bearrally ally, we put in some tough times when we 1st came to the us
James-PDT Moderator: abe............good kicking PETM
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PETM 25.34[/b]
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PETM 25.34[/b]
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PETM 25.34[/b]
ally that's where i'm at bear...12 yr of marriage...all but the last 2 were school/residency...so i can relate to stressing about bills...and now back in residency
ally i know there's a light at the end of the tunnel...we just picked a long tunnel
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PETM [/b]
James-PDT Moderator: [b]UPDATE: Moving stop on[/b] [b]PETM [/b]
jy PETM
James-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PETM [/b]
James-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PETM [/b]
James-PDT Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PETM [/b]
bearrally ally, how many more yrs?
kdecker good trade guys
Abe Abe to the rescue again.....i prefer cash
bearrally abe, lol
ally 4:(
ally lol
James-PDT Moderator: lmao
James-PDT Moderator: ty deck.......but it was abe.....he knows where to kick
hank-1 abe---patent your kicker
ally bear i shouldn't complain-- it's a lot better now...he made good money the past couple yrs..got a lot of loans pd off...bought a house...put $$ in the bank..now trading...just trying not to lose it all
James-PDT Moderator: Market has traded below the 50 ema the whole day on the 5 minute chart.......stochastics down.....although we are in such range trading.....i doubt that is of importance
James-PDT Moderator: yeah ally, can't go wrong with a doctor.....although he may be 30 years late......damn HMO's.......
ally lol
James-PDT Moderator: abe.........man, you won't stop beating up PETM eh?
jy just exited PETM 24.75
James-PDT Moderator: [img id=em-3]
dennis nice jy
ally hey how bout shorting INTU
James-PDT Moderator: It;s a valid trigger......however check May to June this year.........built some support around this 44 area
ally oh wait i just looked at the daily
James-PDT Moderator: if you do enter a tight stop can be made though at 44.24
jy may be at 43.97 or so. if it breaks the 44 round number support
James-PDT Moderator: high voloume, small stop.......let's see if it would have panned out.......would have triggered.......good eye ally
ally that's what i was thinkin jy
jy wow.
James-PDT Moderator: Market trading above 50 ema, stochastics up
bearrally can't even trade futures
bearrally this is unbelievable
James-PDT Moderator: bear, you need to take up knitting to make it through this dead market
myrando has logged out
James-PDT Moderator: Market HOD.........not sure if that says much
James-PDT Moderator: jy, ally, anyone.....short INTU?
ally yeah..a small position
James-PDT Moderator: [img id=em-3]
ally filled at 43.96
renram22 shorted at 43.94
James-PDT Moderator: see each bounce on the 1 minute chart? latest one to 44.03? You could tighten stop to 44.04.......
ally thx james
renram22 tks james
James-PDT Moderator: np......just suggestions.....but that is a good way to place stops....
kdecker I am with you at 43.94
ak Looks like it is getting ready for a big drop.
James-PDT Moderator: tell abe to get out his boot and do some kicking
Abe get right on it
jy INTU filled at 43.97. just exited at 43.72. target was 1/2%.
James-PDT Moderator: nothing wrong with that......stressless trade.......steady decliner, heaavy volume.....found something in a nothing market
jy looks like I exited too early.
jy I might have exited too early.
ally out at .75
ak How about PDCO Short LOD?
renram22 out at 43.77
jy gj Ally.
ally you too jy
jy ty ally
ally every little bit adds up imo
James-PDT Moderator: yes, awesome ally
jy i agree.
James-PDT Moderator: everyone is handsome.........
renram22 tks Jamaes & jy
renram22 James
jy I targeted 1/2% because of the market condition and late in the day.
Abe now why did you ask me to kick it when all of you exited???
James-PDT Moderator: lmao
ally lol abe
jy Abe lol
kdecker out .73 and down she goes
James-PDT Moderator: ak......PDCO.....hmmmmmmmmmmmmm
James-PDT Moderator: 1% away......decent volume.....i don't see any support....
James-PDT Moderator: new trades with an hour left.....
James-PDT Moderator: we will examine again if it breaks 39 soon ak
jy amzing INTU new lod and market close to hod
renram22 SCSC is at 43.40,
James-PDT Moderator: yeah.....but this hod is pretty unconvincing, still in the day's range........
renram22 should we short it at 43.20
James-PDT Moderator: if you do, maybe use 43.61 as a pretty decent tight stop
renram22 tks james
James-PDT Moderator: np....sounds you like you people are doing well enough......
ally short AVID 36.74?
renram22 learning from you and carson!
James-PDT Moderator: that has been a sweet Swingtrade........36.96 stop there...... looks like it may be coming off of oversold elvels though
jy PDCO stuck at 39.3. it will want to go one way or the other.
James-PDT Moderator: PETM new LOD
James-PDT Moderator: Somebody stopped buying their pet supplies there
jy MSO - Martha Steward up 9% $2.37 to 28.45.
ak CWTR HOD buy????
ak or is it too late in the day
Abe any other possible triggers today?
Abe got to run see you guys tommorow...cheers!
Abe has logged out
James-PDT Moderator: ah.....just missed abe.....
James-PDT Moderator: No further triggers.....this market is total crap
James-PDT Moderator: [b]CANCEL FURTHER TRIGGERS.....[/b]
James-PDT Moderator: PDCO is the only one that would be close anyway.....
James-PDT Moderator: Market trading right at 50 ema, stochastics are down
Johnny has logged out
dennis has logged out
kdecker keep the powder dry for tomorrow
James-PDT Moderator: will try.....hopefully Friday gives us a little more excitement
James-PDT Moderator: Questions, comments......anything of note?
char Have a good night everybody !
char has left the room
ally hey did you hear about that mom in idaho that has 4 boys in iraq
ally her husband and another son got back from iraq in march i think
James-PDT Moderator: no, what about her?
ally and the other 4 buys there now
renram22 in CWTR 30.61, out 30.74
ally what a cool gal...very patriotic family
ally boys
ally but im probably the only one that watched bush's speech yesterday...lol
ally they had her & her family there
James-PDT Moderator: lmao.........besides Bush's daughters, you were the only one watching ally......sheez, i dont even think his daughters watched.....prolly at the bar drinking
ally lol
James-PDT Moderator: but as for the mom.....imagine the stress.......
James-PDT Moderator: What was that movie where all 7 brothers were stationed on one ship and it sunk? Since then, brothers are not allowed to serve in the same unit?
James-PDT Moderator: For that mom......
ally quoting the mom: "I know that if something happens to one of the boys, they would leave this world doing what they believe, what they think is right for our country. And I guess you couldn't ask for a better way of life than giving it for something that you believe in."
Hunter has left the room
James-PDT Moderator: very nice
ally the boys are not in the same unit, just the same battalion i think
ally actually i don't remember for sure
James-PDT Moderator: even the same battalion would be shocking.......
ally link to a cnn article about them: http://www.cnn.com/2005/US/06/15/brothers.in.arms/index.html
James-PDT Moderator: WOW PETM new LOD
James-PDT Moderator: very nice runner
James-PDT Moderator: It would not surprise me if the market ends up Dead even
ally okay james i have always been a chicken to hold anything overnight....i am short small positions in INTU, PETM, and AVID with a small profit in each...wondering what i would look at to decide whether or not to cash out at the end of the day or hold on?
ally they looked okay on daily charts to me
James-PDT Moderator: hmmmmmmm
James-PDT Moderator: i can't suggest there
James-PDT Moderator: but.......
ally been trading on paper and doing okay
James-PDT Moderator: you have been doing ok not stressing on anything overnight........i agree that the market is in a nice downtrend.......and you are probably on the right side.....but......after a flat day like this......anything can happen......maybe a big drop tomorrow....maybe some bounce........
James-PDT Moderator: All i can say is......if holding overnight makes you one bit edgy, don't do it.........
ally if you have stops in, are they 'erased' after the market closes, or will it be there in the morning?
James-PDT Moderator: it depends on your order.........you can have it good for the day.......or GTC, which means Good Till Canceled.......so the stop will always be there
ally i will have to figure out how to do those
ally thx
James-PDT Moderator: np
kdecker has logged out
renram22 tks carson & james, good night all
James-PDT Moderator: thanks for being here.....
renram22 np
renram22 has logged out
jy gn james and cars. ally, you have a gn. ty.
ally see ya jy
jy cu
James-PDT Moderator: take care ally, jy
jy has left the room
ally see ya james & everyone
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