9/7/05 Chat Session
Ken-ST Moderator: Good Morning Hank
Ken-ST Moderator: Good Morning renram22
renram22: gm Ken
Ken-ST Moderator: The Type A alerts will be posted shortly.
hank: gm Ken
Ken-ST Moderator: [b]Good Morning[/b] [b]ee[/b]
ee: GM
Ken-ST Moderator: [b]Good Morning[/b] [b]char[/b]
char: hi all
Ken-ST Moderator: [b]Good Morning[/b] [b]Abe[/b]
Abe: GM gang
ak: gm all
Ken-ST Moderator: [b]Good Morning[/b] [b]ak[/b]
Ken-ST Moderator: There aren't too many on watch right now. There should be more as the day goes on.
Ken-ST Moderator: RNAI is on the move
Ken-ST Moderator: That stock has an interesting daily stock chart.
James-ST Moderator has become a moderator
James-ST Moderator: gm all
Ken-ST Moderator: [b]Good Morning[/b] [b]James[/b]
Ken-ST Moderator: It's MAs are in trending mode and it coming off a nice test of its 20 day ema.
hank gm James
Todd-SOF Direct has entered DayTrading Chat
Todd-SOF Direct gm everyone
Ken-ST Moderator: Are there any questions or comments?
Ken-ST Moderator: [b]Good Morning[/b] [b]Todd[/b]
Steve has entered DayTrading Chat
Todd-SOF Direct Hey Ken
Steve gm
Ken-ST Moderator: [b]Good Morning[/b] [b]Steve[/b]
Ken-ST Moderator: Feel free to bring up other stocks of interest.
Stanley has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]Stanley[/b]
jy has entered DayTrading Chat
johnboy has entered DayTrading Chat
charl has entered DayTrading Chat
char has logged out
johnboy Good morning everyone
jy gm
Ken-ST Moderator: [b]Good Morning[/b] [b]jy, johnboy[/b]
Stanley gm all
Njord has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]Njord[/b]
Ken-ST Moderator: Let's do our market review.
jy Ken, how's the market future ?
Ken-ST Moderator: Futures are currently down about 1.5 points.
Njord Gm Ken and James - all!
Ken-ST Moderator: Still above the 20 ema.
kim has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]kim[/b]
dennis has entered DayTrading Chat
dennis gm all
Ken-ST Moderator: Daily Chart is above its 5 day ema, stok are in an uptrend
Ken-ST Moderator: Hourly chart is in an uptrend
Ken-ST Moderator: 5-Minute chart is in an uptrend as well.
Ken-ST Moderator: [b]Good Morning[/b] [b]dennis[/b]
dennis gm ken
Hunter has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]Hunter[/b]
Hunter : gm guys
Ken-ST Moderator: Futures are currently down 1.5 points from yesterday's close. It does not change the 5 min trend.
Ken-ST Moderator: Overall we have an uptrending bias to the market.
kehsha has entered DayTrading Chat
kehsha gm
Ken-ST Moderator: [b]Good Morning[/b] [b]kehsha[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]JOYG 49.60[/b]
Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]JOYG 49.60[/b]
Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]JOYG 49.60[/b]
Johnny has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]Johnny[/b]
Johnny GM gang!
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ADTN 29.51[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ADTN 29.51[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ADTN 29.51[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EFII 24.96[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EFII 24.96[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]EFII 24.96[/b]
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]efii 24.96[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EFII 24.96[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]efii 24.96[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]efii 24.96[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EFII 24.96[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]EFII 24.96[/b]
Ken-ST Moderator: Tight stop on EFII at the low of the day.
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ADTN 29.51[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ADTN 29.51[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ADTN 29.51[/b]
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ADTN [/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ADTN [/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ADTN [/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ADTN [/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ADTN [/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ADTN [/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ADTN [/b]
Steve has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHFL 27.63[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHFL 27.63[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHFL 27.63[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AAPL 49.41[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AAPL 49.41[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AAPL 49.41[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ALTR 20.29[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ALTR 20.29[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ALTR 20.29[/b]
Steven has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]Steven[/b]
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SHFL 27.63[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SHFL 27.63[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SHFL 27.63[/b]
Ken-ST Moderator Profit!
Stanley has logged out
Ken-ST Moderator Profit!
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SHFL[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SHFL[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SHFL[/b]
James-ST Moderator: I can't believe people walk in that water.....i am glad they made it mandatory to leave NO......they showed the bacteria count of just a little bit of that water, 1,000 times more e coli than normal standing water
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]EFII[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EFII[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EFII[/b]
jy Ken, GJ.
jy james, GJ
Ken-ST Moderator: ty jy
Ken-ST Moderator: I hope you made out nicely on those.
Ken-ST Moderator: JOYG is close to its trigger.
jy missed ADTN. got the other two.
Ken-ST Moderator: ALTR is also close to its trigger.
Ken-ST Moderator: SHFL at a new HOD.
Ken-ST Moderator: There was no trigger on AAPL just now. That was a misprint.
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ALTR 20.29[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ALTR 20.29[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ALTR 20.29[/b]
jy stop on ALTR 20.65 ?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]ALTR [/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]ALTR [/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]ALTR [/b]
Ken-ST Moderator: Let's play it on the tight side with ALTR.
Ken-ST Moderator: The stock's daily chart is in a very large range, and the risk may not be worth the loose stop.
charl has logged out
jy ty
Ken-ST Moderator: Stock is halfway to its target and we have an uptrending bias to the entire market.
James-ST Moderator: SHFL new HOD.......nice runner
Ken-ST Moderator: At this point, you can't lose.
Ken-ST Moderator: A great position to be in.
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ALTR[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ALTR[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ALTR[/b]
pvg6799 has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]pvg6799[/b]
pvg6799 gm
James-ST Moderator: hey pvg
Ken-ST Moderator: [b]5 Minute EMA Trend[/b] [b]DOWN[/b][b] Stochastics Trend [b][b]DOWN[b]
Ken-ST Moderator: [b]Intraday Trend is Sideways to Down[/b] [b]DOWN[/b]
James-ST Moderator: EFII touching the 5 ema........we will wait for consolidation to set up a short alert
char has entered DayTrading Chat
James-ST Moderator: hey char
char hi
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 24.54[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 24.54[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 24.54[/b]
James-ST Moderator: EFII CLOSE
jy stop on EFII if trigger ?
James-ST Moderator: WE CAN GO WITH 24.89
James-ST Moderator: Wow, this market is dead flat
jy ty
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]EFII 24.54[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]EFII 24.54[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]EFII 24.54[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EFII 24.89[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EFII 24.89[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EFII 24.89[/b]
James-ST Moderator: ALTR new LOD........
James-ST Moderator: Everyone doing ok?
jy yes. james.
James-ST Moderator: GOOD
hank great morning so far guys ty
James-ST Moderator: ren, ak, abe, hand, ee?
James-ST Moderator: gj hank
James-ST Moderator: njord, kim, jb, pvg, char, steve, dennis, stan?
johnboy bueller? anyone? lol...............no complaints here James
James-ST Moderator: Yell out if you see anything of interest or if you have any questions
ak Yes James. Trying to keep it up.
James-ST Moderator: lmal jb
James-ST Moderator: ok ak
James-ST Moderator: man.....use to always watch that movie jb.....but somehow when i took a day off i always got caught
ak How about ALNY
johnboy classic movie........a coming of age movie for my generation........how sad is that?
James-ST Moderator: lol jb, i hear ya......
James-ST Moderator: nice ak, let's add to Type B and see if we find something ........
James-ST Moderator: [b]ADDING ALNY TO TYPE B[/b]
hank fii all over the place
hank EFII
Ken-ST Moderator: I loved that movie johnboy, it's a classic.
dennis has logged out
ally has entered DayTrading Chat
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]JOYG 49.60[/b]
James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]JOYG 49.60[/b]
James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]JOYG 49.60[/b]
Ken-ST Moderator: [b]Good Morning[/b] [b]Ally[/b]
James-ST Moderator: hey ally, looooooooooong weekend
Sean has entered DayTrading Chat
James-ST Moderator: HEY JUNIOR
Sean gm james
James-ST Moderator: market is still dead.................flat
ally lol guys...bad day to be late :)
Ken-ST Moderator: [b]Good Morning[/b] [b]Sean[/b]
Sean gm Ken
James-ST Moderator: You went anywhere over the long weekend ally? Nice vacation?
ally have i been gone that long?? carson changed his name??
ally no..dave was on call all weekend...just me & the kids
James-ST Moderator: ah, that is rough
jy joyg 1%
ally i am used to it
James-ST Moderator: no, cars mentioned he was taking personal. ken is the replacement ugly dude
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]JOYG [/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]JOYG [/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]JOYG [/b]
jy 1% ++
Ken-ST Moderator: lol
ally lol
johnboy if you and Ken keep this up, Carson will be unemployed...................
James-ST Moderator: [img id=em-5]
ally ken this your first day?
Ken-ST Moderator: This is my second day here.
James-ST Moderator: ABSOLUTELY DEAD MARKET
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EFII[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EFII[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EFII[/b]
Ken-ST Moderator: James, I have no comeback on that ugly comment. Deep down inside, I kinda agree with you.
James-ST Moderator: [img id=em-2]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EFII[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EFII[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EFII[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EFII[/b]
jy a 6% morning. GJ guys. ty
James-ST Moderator: Let's go EFII......huge gap below you
Ken-ST Moderator: Don't feel sorry for me though. I'm married, and she can't back out on it now...
Hunter : wanta bet ?
Ken-ST Moderator: lol
James-ST Moderator: [img id=em-5]
Ken-ST Moderator: For the traders who were in VIP long, consider moving your stop to entry if you are planning out a secondary exit trade.
jy james/ken, swingtrade VIP hit target.
Ken-ST Moderator: Yes, it hit target moments ago.
Ken-ST Moderator: At least some profits should be taken.
Ken-ST Moderator: Any remaining positions should have their stop set at entry.
jy ty
James-ST Moderator: Take a look at your 5 minute chart of the SPX.......market remains above the 50 ema since yesterday........very flat since the open this morning however........
James-ST Moderator: A big nothing day so far
James-ST Moderator: JOYG still going
Johnny Well, for a big nothing day, we're not doing bad :-)
Ken-ST Moderator: Are there any questions or comments?
jy james, as long as we can make 6% - I don't mind the market is not doing anything. :)
Ken-ST Moderator: The first period of the day offers the best opportunity for making your money.
James-ST Moderator: ADTN still rolling
jy JOYG new hod
Ken-ST Moderator: JOYG at its all-time highs
James-ST Moderator: Market surging to yesterday's highs.......which right now isn't saying much
Sean any triggers before turn time james?
James-ST Moderator: nah
James-ST Moderator: looks like that is it........
Sean alright sounds good
James-ST Moderator: [b]CANCEL FURTHER TYPE B TRIGGERS[/b]
Sean has logged out
James-ST Moderator: *scratches chin*
James-ST Moderator: Any further questions or comments?
James-ST Moderator: Turn Time gang........avoid over trading.......now is a good time to pick up your exciting knitting hobby.
Ken-ST Moderator: We will scan for any Type C trades during this time, however, if you are sitting on nice profits from this morning, strongly considering sitting tight until the afternoon session.
johnboy and with that, off to walk the hounds, see y'all in the afternoon
Ken-ST Moderator: ok johnboy, we'll see you later.
Pitboss has entered DayTrading Chat
James-ST Moderator: hey pitboss
Ken-ST Moderator: [b]Good Morning[/b] [b]Pitboss[/b]
Pitboss Hello James
Pitboss Nice day...productive hour and a half !!
James-ST Moderator: long time no see pit, what have you been up to?
James-ST Moderator: yep
Ken-ST Moderator: Market at a new high
Steven has logged out
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Ken-ST Moderator: [b]5 Minute ema Trend[/b] [b]UP[/b][b] Stochastics Trend [b][b]UP[b]
ak has logged out
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hank has logged out
Ken-ST Moderator: Lunch hour is a great time to pose any questions about the strategy or exectutions. Feel free to post them.
Ken-ST Moderator: The market has dipped below its 5 ema.
Ken-ST Moderator: ALNY is nearing its high of the session.
jy ALNY is up 45%. from 9.56 ot 13.88
Ken-ST Moderator: Intraday breakouts during the lunch period should be viewed with caution.
Ken-ST Moderator: 45% is astounding.
Ken-ST Moderator: Looking at the daily chart for NTES, you can see how relevant the 20 day ema is for the stock.
ee has logged out
Ken-ST Moderator: JOYG new all-time highs.
Ken-ST Moderator: GERN is making new trend highs.
hank has entered DayTrading Chat
James-ST Moderator: wb
Ken-ST Moderator: Hi Hank
hank hi again guys
hank I found the best exercise in the world, instead of a trampoline, I've just had a workout making myself dizzy watching the BIDU chart, lol
James-ST Moderator: lol
James-ST Moderator: do you really use a tramploline though?>
Ken-ST Moderator: lol
hank no, I wish---but I do walk on my treadmill an hour a day
James-ST Moderator: nice......i actually went to Sharper Image last night and looked at those peddle things you put under your desk......
James-ST Moderator: thinking of getting one and peddling away
hank and I sit on my butt for six hours a day
James-ST Moderator: ok hank lets get that peddle thing and see how it works for us
Ken-ST Moderator: Yup, exercising is very important especially for traders like us who sit down all day long.
hank Yes James, I am also thinking that I would like to get one so that when I am sitting on my butt, at least my legs will start looking real nice
hank so, I will be handsome, with great legs and a fat butt
Ken-ST Moderator: lmao
Hunter : lol
Hunter : almost to much visual there !
James-ST Moderator: hahahaha
hank I seriously am going to get one of those though James. I will let you know how it works out for me, and you do the same
Ken-ST Moderator: Well, I am living proof that being skinny doesn't make you handsome.
James-ST Moderator: ok
Hunter : pgic after lunch at hod possible ?
James-ST Moderator: the problem while i tried it out though hank last night, is that the radius is actually really small......nothing like bike pedals, you are just doing real small peddles
Ken-ST Moderator: Looks like a lot of resistance in the 15 area Hunter.
johnboy Is this what you chronics are talking about: http://www.sharperimage.com/us/en/catalog/productdetails.jhtml?sku=LI112#tabs
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Hunter : yeah I saw that, however 1% is just .15, still to risky ?
James-ST Moderator: yes jb that is it?
James-ST Moderator: !
johnboy cool, probably better than sitting at the computer eating jerky, maybe I'll get one too....
Ken-ST Moderator: I would expect very choppy and unreliable breakouts, due to the recent activity in that area ( PGIC )
James-ST Moderator: but really, the radius is so small, that is why i put off buying one yesterday
Hunter : ok thx Ken
Ken-ST Moderator: yw
James-ST Moderator: compared to riding a real exercise bike, it seems minimal, but then again, i guess it is still better than nothing
hank yep, that's the one I was looking at too, and even if it does have a small radius it would still be better than pulling up a regular stationary bike to my desk and at least my legs are pumping blood which is good cardiovascular'
James-ST Moderator: ok looks like i will get one today
hank exercise
hank let's all buy some sharper image stock first before we all buy one---jk
James-ST Moderator: lol
Ken-ST Moderator: lol
johnboy I guess you could just use an exercise bike too with the seat cut off.........will check out the local swap shop and make a healthy office chair, or order one from the sharper image, but they kill me with duties and customs charges
James-ST Moderator: what is incredible, is that most of their profits are now generated by the Ionic Breeze devices they have
hank which really don't help that much from what I have been told
James-ST Moderator: real genius......would be a perfect office chair that you would have to pedal to generate electricity to keep your monitor or on or something
johnboy the ionic breeze works, I have dogs, cats, smokers and a woodstove, it does help
James-ST Moderator: can you actually see the soot when you clean it?
James-ST Moderator: i was thinking of getting one and putting it in my kid's room
johnboy every 5 days it needs cleaning, very black and gunky, try getting one off ebay.......way cheaper
hank I'm glad to hear that, I was told that they were not worth the money. An environmental engineer told me that once. So he was wrong
James-ST Moderator: oh goodness, that little asian lady who was in the hot dog eating contest won the Tennesee Hamburger eating contest by eating 57 hamburgers......and she weighs like 110 pounds or something
James-ST Moderator: interesting stuff.......
johnboy hank, I don't think that they are worth the asking price, but I was skeptical, and it works better than I thought, nothing earthshattering, but it makes a difference, imho
hank thanks for telling me that Johnboy. I was going to get one but put it off and now I think I will revisit the idea
James-ST Moderator: holy smokies .....just saw how much they are........that is quite a bit.......no wonder it is driving their profits
kehsha has logged out
Hunter : I have an air walker nxt to my chair, its the one the muscle bound guy has on the gieco commercial it works very well on makin me sweat and breath hard !
johnboy don't pay retail, that's all I can say...........dogs wrestling, must walk them now, boy I get distracted easily......
Hunter : the machine not the guy, lmao
Ken-ST Moderator: lol
hank that was funny Hunter---lmao
James-ST Moderator: hahhahah
James-ST Moderator: EFII new LOD
Hunter : be back later
James-ST Moderator: ok hunter
Ken-ST Moderator: AAPL new low of the session
pvg6799 has logged out
James-ST Moderator: taking lunch here gang, save the good stuff until i get abck
Ken-ST Moderator: Market still in a sideways range.
pvg6799 has entered DayTrading Chat
Ken-ST Moderator: Hi pvg6799
pvg6799 hi
Ken-ST Moderator: EFII looking a little interesting.
Ken-ST Moderator: It is testing the 20 ema from the bottom side. And a nice recovery from the low of the day
Ken-ST Moderator: Timing on the market is not quite right as we are still in the lunch period.
Ken-ST Moderator: To compensate for an early alert we will have to identify a very tight stop area for the stock.
Ken-ST Moderator: We have a nice stop area of 24.01 for the short, but the stop would be just over 1%. We will likely hold off until the official 1:00 pm turn
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Ken-ST Moderator: Hi johnboy, Sean
johnboy anything cooking for the pm session?
Ken-ST Moderator: Many of the stocks are in the middle of their intraday ranges.
johnboy looks like EFII wouldn't wait for us
Ken-ST Moderator: Yeah, it just broke down moments ago.
Ken-ST Moderator: There was a nice stop area at 24.01 if you wanted to take a chance on the trade.
jy guess we may have to wait for EFII to drop below lod at 23.34 then use the current level as stop. If it drops to new lod.
Ken-ST Moderator: Yes jy. Although we are right at the 50 ema right now.
jy ty ken
Ken-ST Moderator: yw
Ken-ST Moderator: We will wait until the 1:30 end of lunch period to issue any alerts. Stochastics are not an extreme enough level to issue an early trade. Hopefully EFII can consolidate.
jy Any news on AAPL ? CNBC ? stock bounces back from below 48.
Ken-ST Moderator: Market new highs on the day.
Ken-ST Moderator: None that I can see jy.
jy tyken
Ken-ST Moderator: yw
Ken-ST Moderator: EFII consolidating
Ken-ST Moderator: a short at a new low of the day is not looking all that bad
Ken-ST Moderator: witha stop at 23.64
Ken-ST Moderator: stop slightly over 1%
ak areyou calling for a short @ 23.29??
Ken-ST Moderator: No not at this time.
ak ok ty
Ken-ST Moderator: The stetup is there, just the market timing is not right.
Ken-ST Moderator: If you wanted to venture a trade knowing that....
Ken-ST Moderator: I think it pays to err on the side of caution in this type of lackluster market.
johnboy man, this is the time of day that I am most alert, so where in the world is 4 hours ahead of NY? Greenland?
Ken-ST Moderator: Its 6:24 pm in Algeria.
johnboy Reykjavik, there answered my own question.
johnboy Algeria, eh? hmm, tough call
Ken-ST Moderator: lol
johnboy if you type algeria into google, the first result is the cia world factbook-broken link, but funny nonetheless
Ken-ST Moderator: lol
jy AAPL moving up fast.
hank jy, I found news---they introduced new itunes phone that will hold 100 songs, Jobs talking about it
Ken-ST Moderator: Right back up to the downtrending 5 minute emas
Ken-ST Moderator: Nice, ty hank
jy hank - ty. is it on CNBC ?
hank Bloomburg and now
johnboy briefing.com too
hank Briefing.com just picked it up
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hank this may be a case of sell the news on AAPL
jy hank. could be.
Ken-ST Moderator: I will be stepping away for just a bit.
Ken-ST Moderator: James will be here for shortly.
jy o.k. ty ken
Abe anybody home?
johnboy Abe, I never sent you my craps strategy because it has a long term flat outcome after testing, but I am working on a blackjack strategy that looks promising
Ken-ST Moderator: Hi I am back
Ken-ST Moderator: Stochastics have been in a range all day
Ken-ST Moderator: a whole lotta nothing going on.
Ken-ST Moderator: How is everything going?
ee has entered DayTrading Chat
Ken-ST Moderator: Hi ee
johnboy ADBL just got some Harry Potter magic
ee hello
ee I see I didnt miss much
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b] ALNY 14.05[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b] ALNY 14.05[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b] ALNY 14.05[/b]
Ken-ST Moderator: Not much at all ee
ak How about EFII LOD ??
Ken-ST Moderator: Are there any questions or comments?
Ken-ST Moderator: Looks great ak.
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 23.29[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 23.29[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 23.29[/b]
Ken-ST Moderator: Its not close yet, but it does move fast at times.
ak it moved up slowly. lets see. it might trigger or might not.
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James-ST Moderator: Total market range all day
jy watching AAPL
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johnboy hope you took AAPL jy, long at 48.60 in my "too chicken to play the afternoon" training account.......lol
jy jb, yes. i bought AAPL
johnboy nice jy, I thought that it would pop quicker after the news broke, but AAPL has always been tricky for me, so I will profit vicariously through you
James-ST Moderator: aapl may work out, just don't like how after you have a long candle like yesterday........you start trading into it today....kinda tells me that that gains yesterday may see profit taking
jy ty jb. i just got stop at 48.83 - close to 1%.
James-ST Moderator: nice jy
James-ST Moderator: [img id=em-3]
jy trying to ride the runer but i came back down drom close to 49.
jy runner
James-ST Moderator: yep, 48.88 is yesterday's high, has to stay above that by close today or i would be worried if i were long on it
jy AAPL back upto 49.05
James-ST Moderator: whoah running
jy AAPL will break today's HOD at 49.4
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James-ST Moderator: absolute genius........just awhile ago aapl was a bankrupt company.........remodel the computers.....make some gains.........introduce the ipod..........now a fantastic stock/company
James-ST Moderator: wb ahk
James-ST Moderator: ahk? what are you?
ahk male
James-ST Moderator: ah, lol, you are new here?
ahk yes
ahk I am lost in cyberspace
James-ST Moderator: ah welcome.....
James-ST Moderator: hahahha
ahk ty
ahk looks like the day is good for you
James-ST Moderator: well, if you know a little about how we work by reading past transcripts or what not, great.........if not feel free to ask questions.......
James-ST Moderator: yes, a lot of early morning action.......we are currently watching ALNY and EFII for possible reentry
ahk ty
James-ST Moderator: we keep it loose here.......so feel free to chat away.......
ahk be careful what you wish for!
James-ST Moderator: lol
James-ST Moderator: make sure to check in 15 minutes before the market opens for the most action
ahk were are the snacks and beverages? my host said I was comped
James-ST Moderator: lol
James-ST Moderator: Market showing its first sign of weakness in awhile, trading below the 50 ema
James-ST Moderator: ahk, we encourage that a 5 minute chart of the SPX be kept open to facilitate your daytrading, you should have the 5, 20, and 50 ema on it as well as slow stochastics..........we use this to monitor the "heartbeat" of the market
Ken-ST Moderator: Welcome aboard ahk.
ahk excellent idea
Ken-ST Moderator: We have an ak, and an ahk now.
ahk ty ken
James-ST Moderator: yes, i thought they were the same for a sec
ahk Am I wedded to this handle in the future?
James-ST Moderator: keep the chart small and in the corner of one of your monitors.....keeps an excellent visula picture of the market
James-ST Moderator: no
ahk ok
James-ST Moderator: you can always change it
Ken-ST Moderator: We will be posting a snap shot of our trade screens on the website in the coming days.
James-ST Moderator: visual
ahk good
ee can you explain the difference between trading with an Ameritrade as opposed to a direct service
Ken-ST Moderator: The platforms
ee is execution different?
Ken-ST Moderator: Direct Access platforms are fully integrated with order entry and intraday charting/quotes. Trade tools etc.
Ken-ST Moderator: Executions may vary, but the real difference is the confirmations.
Ken-ST Moderator: After all what good is an execution if you don't know about it.
Ken-ST Moderator: Direct Access will give you instantaneous trade confirmations on the spot. This way you know what is going on at all times.
Ken-ST Moderator: There really is no comparison.
Ken-ST Moderator: The thing to consider. If you do more than 20 trades in the month, as most day traders do
James-ST Moderator: Market stochastics still down, trading below all moving averages, currently slightly below open.
Ken-ST Moderator: Then the brokerages usually waive the monthly data charge for the platform.
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 23.29[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 23.29[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 23.29[/b]
James-ST Moderator: ahk.......we will routinely give updates on market conditions.....note any changes in trend.........also, bring up stocks on your own, others may find them of interest....
ak Ken can you push EFII down for us a little faster?
James-ST Moderator: abe left this morning, he is our designated ball breaker
johnboy this market needs "more cowbell"
ak Abe does his thing after the trigger. OR hehas another patent I don't knowof. lol
Ken-ST Moderator: lol. Yeah EFII is odd, when it moves, it moves. But right now its crawling around
James-ST Moderator: lol
ee So go with the DAS. When you place your orders are they limit orders? I dont seem to get in when I do a limit. When I do a market there is slippage. Will I get better fills with the DAS?
ee thanks for taking the time to answer these basic questions
Ken-ST Moderator: Those questions are right up my alley. No problem. Every active trader should be on Direct Access.
James-ST Moderator: np ee, that is why we are here
James-ST Moderator: we also can answer questions about life in general......we know all the answers
ahk Ken, the alarm sound from my pc on the alert on efii shattered the glass in my hand
Ken-ST Moderator: Doesn't have to be with my firm, they just need to be on it.
James-ST Moderator: even if we don't know the answers we will make up ones
Ken-ST Moderator: What did the alarm tell you?
James-ST Moderator: lol
Ken-ST Moderator: The executions depend very little on the which direct access platforms.
ahk a shrill of an alarm, like the ones in kibdergarten when there is a fire drill
Ken-ST Moderator: Fast is fast. It all depends when you send the orders.
jy If AAPl can make new hod at 49.41 - is it still valid ?
johnboy hmm, any question answered?
James-ST Moderator: hm jy
James-ST Moderator: .......
Ken-ST Moderator: Let's evaluate it as it nears jy.
James-ST Moderator: tough call jy, but if you can place a stop i would say go for it
James-ST Moderator: yep jb
Ken-ST Moderator: It has come from the low of the day levels, in a trendless market.
James-ST Moderator: may not be accurate or even true, but we can answer anything
Ken-ST Moderator: ee, when you place orders you may either place a limit or market.
Ken-ST Moderator: Which one you choose, largely depends on your risk tolerance.
johnboy good James, my therapist is costing me a fortune
ee I need to work on my speed. I cant get the orders in quick enough. Thanks for the help.
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Ken-ST Moderator: ee, I would suggest hot keys.
Ken-ST Moderator: Default orders also work nicely.
James-ST Moderator: good jb, we are much cheaper and more accessible
ally hey guys VPHM
Ken-ST Moderator: Ally, VPHM has a very nice look to it.
johnboy ...and no risk of transferance!
Hunter : johnboy, transferance ?
johnboy I think that is when you fall in love with your therapist.....a la Sopranos
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James-ST Moderator: wb kim
Hunter : holy crap ! run James run ! ! lmao
hank lmao hunter
johnboy lol Hunter, I said NO risk of transferance
Hunter : ah ok ! whew
Ken-ST Moderator: Hi kim
ak EFII close or what?
Sean efii is gettin close
James-ST Moderator: scary stuff.......sidenote though cant wait for sopranos to resume
hank me neither James
Ken-ST Moderator: Let's add VPHM to the alerts.
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]VPHM 17.51[/b]
Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]VPHM 17.51[/b]
Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]VPHM 17.51[/b]
Ken-ST Moderator: Very tight stop planned.
ally where would you suggest a stop guys? 17.21? or 17.37
Ken-ST Moderator: 17.37
ally thx
ally :)
Ken-ST Moderator: That will put it just under the 5 ema on the 5 minute chart. The market trend has an upward bias but not exactly trending. So we will opt for the tight stop level.
Ken-ST Moderator: 17.21 is the next significant stop area.
Ken-ST Moderator: Nice ally. Thank you for bringing the stock up to the room.
ally np
ally or just thank me if if works out
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Ken-ST Moderator: EFII is near to the trigger price.
kim EFII trigger price?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 23.29[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 23.29[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EFII 23.29[/b]
James-ST Moderator: ok gang i will be gone for the rest of the day, catch everyone tomorrow
ally see ya james
ahk byr
johnboy later J
Ken-ST Moderator: bye James.
hank bye james
Hunter : take care James
jy market new hod
ally somebody tell VPHM the market is up
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]EFII 23.29[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]EFII 23.29[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]EFII 23.29[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EFII 23.76[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EFII 23.76[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]EFII 23.76[/b]
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]VPHM 17.51[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]VPHM 17.51[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]VPHM 17.51[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]VPHM 17.37[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]VPHM 17.37[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]VPHM 17.37[/b]
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]VPHM [/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]VPHM [/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]VPHM [/b]
jy 7% wow
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EFII[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EFII[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]EFII[/b]
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EFII[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EFII[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]EFII[/b]
jy 8% great job guys.
Ken-ST Moderator: ty jy.
Ken-ST Moderator: I hope you were all able to profit nicely on some of them.
johnboy yep, phenomenal Ken, you are the stock equivalent of the legendary rock producer Bruce Dickinson
Ken-ST Moderator: Kudos to Ally for spotting VPHM for us.
Hunter : thx Ally, thx guys ! time to go have a good evening everyone
ally :)
Sean that was awesome..i was in on EFII since 23.64
Sean :)
Ken-ST Moderator: Ok Hunter, take it easy.
hank you sure make it look easy Ken---thanks for those calls, and Ally thanks for the VPHM
johnboy nice job Ally, I won't badmouth Fox News for one in exchange for the pick
ally lol
Sean yeah thanks for the calls Ken
Ken-ST Moderator: Nice, Sean. Beers are on you tonight.
ally i was just about to say i have to do something to make up for my political views...lol
Hunter : dam Johnboy lets not go that far ! lmao
ak 8% hmmm. Ken , I see you have the potential to get us to 16% soon.
Ken-ST Moderator: lol, johnboy.
ally lol hunter....didn' t i hear you comment once about your glow-in-the-dark red neck?
Ken-ST Moderator: The strategies do the work.
ally i know i am not the only one in here
Ken-ST Moderator: We are just here to call the trades within the guidelines.
hank Ally, I think I am with you
ally :0) good to hear hank
johnboy uh oh, here we go.........
ally i notice the conversation is boring when i am gone
ally jk
ally hey jb you have to admit i've done a good job recently keeping my opinions to myself
Ken-ST Moderator: hmmm ally, was that why you were very quite for most of the day?
johnboy Ally, I enjoy your comments, whether or not I agree with them is a different matter. But your comments offer an insight into the American psyche that I can't get off of American TV.
Ken-ST Moderator Update!
Ken-ST Moderator: 30 minutes left in the day. Cancel all alerts.
Ken-ST Moderator: johnboy where are you from?
johnboy .....and the only Americans around my neck of the woods are bear hunting dentists from Seattle
ally lol ken.... i was away from my desk...stay at home with my kids...gotta keep up with the chores...ran to target...left the chatroom up
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johnboy Northern B.C., Canada
Hunter : yes ma'am you did, however ....... to blindly follow a ......... just isn't the best thing to do sometimes, and thank you for remembering ! lmfao
ally thx johnboy...american tv except for FOX...lol
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johnboy Fox tv is an informercial for the republicans imho, hehe
ally lol hunter...nothing wrong with my vision
ally see now isn't the conversation more fun?? lol
Ken-ST Moderator: cool, johnboy, I've never been, but would like to visit one of these days.
Hunter : yeah should be called the republican broadcasting network
ally then what do you call all of the mainstream media? i'll have to come up with a name for that
Hunter : fox that is !
johnboy come up anytime Ken
Hunter : mainstream media = scared of there own shadow
johnboy mainstream media = tread lightly
ally lol
Hunter : I do have to go, thx again ally ! to be continued .....! lmao
ally see ya hunter
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jy ally, do you still have the MOVI short ?
johnboy Here's a quote that I like from a big that I am reading (Freakonomics)......"The approved story line about Mr. Bush is that he's a bluff, honest, plainspoken guy, and anecdotes that fit that story get reported. But if the conventional wisdom were instead that he's a phony, a silver-spoon baby who pretends to be a cowboy, journalists would have plenty of material to work with."
Ken-ST Moderator: What's it like up there in the winter time johnboy?
johnboy big = book
johnboy winters would be comparable to Montana. Down to -40, snow for 5 months, you either love it or leave it
ally no jy...bailed somewhere just above 17...can't remember for sure exit price...was a good trade
ally watching it today
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ally 16.46 lod movi
Ken-ST Moderator: That's a very nice trend under the 5 day ema on MOVI.
Ken-ST Moderator: Keep an eye out on that moving average for any signs of a break.
ally i shorted it at 18.90
Ken-ST Moderator: That's a super trade ally.
ally thx to jy bringing it up now and then...his 'atm machine' :0)
Ken-ST Moderator: TZOO also displaying the same type of weakness.
jy good job ally
jy :)
Ken-ST Moderator: That's what this room is about. Traders helping traders.
ally thx for movi jy...you still in it?
ally or do you usually day trade it?
johnboy have a terrific evening everyone and see you in the am...............what Ken? I come to this room for grooming tips from James!
Ken-ST Moderator: There's your problem johnboy.
Ken-ST Moderator: His grooming is horrendous.
ally hey johnboy i was about to refer to your quote from your book...
ally to be continued...lol
Ken-ST Moderator: lol. Have a good night johnboy. Take it easy.
johnboy no, I'll wait, what do you think Ally?
jy no. MOVI - I'm watching for MOVI to bottom out with patience.
Abe done for the day gang....talk to you tommorow...cheers!
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ally what is that book johnboy?
ally freakonomics?
johnboy yep "a rogue economist explores the hidden side of everything"
johnboy that quote was the only thing about bush in it, it is an excellent read
ally interesting
johnboy the author states that morality is how we would like to live and economics is how we actually live
johnboy given that you have kids, you should check it out, interesting stuff on crime, teachers, real estate agents, etc.
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ally will have to check that out...speaking of kids...school's out
ally gotta run guys...have a great night
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Ken-ST Moderator: You too ally.
Ken-ST Moderator: Are there any questions or comments?
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jy ken and james, ty for a good day. let's do it tomorrow again. good night.
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Ken-ST Moderator: Ok, that is it for me today.
Ken-ST Moderator: Hope you all were able to take some profits in the market today.
Ken-ST Moderator: Take it easy all.
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