9/13/05 Chat Session
Ken-ST Moderator: [b]Good Morning[/b] [b]char[/b]
ak: gm crowd
Ken-ST Moderator: [b]Good Morning[/b] [b]ak[/b]
Ken-ST Moderator: Find a seat if you can
ak: I am looking and having great difficulty.
Ken-ST Moderator: lol
Ken-ST Moderator: [b]Good Morning[/b] [b]hank[/b]
hank: good morning Ken and all
Ken-ST Moderator: [b]Good Morning[/b] [b]johnboy[/b]
johnboy: good morning Ken
ahk: hi peeps
Ken-ST Moderator: [b]Good Morning[/b] [b]ahk[/b]
Ken-ST Moderator: everyone have a good sleep last night?
James-ST Moderator: gm all
Ken-ST Moderator: [b]Good Morning[/b] [b]James[/b]
hank: good morning James. Hey guys, I saw the new website and it is really good. Ken, I had no idea you were so young. And, James, is there a picture of you in there somewhere?
Ken-ST Moderator: ty hank.
Todd-SOF Direct: gm everyone
Ken-ST Moderator: although we expect sales to suffer a setback due to the pic....
hank: lol
James-ST Moderator: ah hey hank, no too handsome, we don't want too many women in site
Abe: gm gang
James-ST Moderator: hey abe
jose has left the room
Ken-ST Moderator: [b]Good Morning[/b] [b]Todd, Abe[/b]
hank: James, lmao---I guess putting my picture in there is out of the question too then
James-ST Moderator: [img id=em-3]
Ken-ST Moderator: lol
char: lol
James-ST Moderator: yeah hank, the two of us or something, people might think we are Chippendale's or something
hank: stop, it's too early to be laughing this much
Ken-ST Moderator: Instead people think its the Star Trek fan club or something.
ahk: osis, r u thinking long or short?
char: Don't be so modest James
James-ST Moderator: [img id=em-6]
hank: lol
Ken-ST Moderator: no clue at all ahk.
ahk: k
Ken-ST Moderator: [b]Good Morning[/b] [b]pvg6799[/b]
ahk: I can't borrow it
James-ST Moderator: gm pvg
pvg6799: gm
Ken-ST Moderator: its available here
ahk: maybe I should leave IB
Ken-ST Moderator: but you are limited to 23k
Ken-ST Moderator: lol
Ken-ST Moderator: Although we do not have JMDT
Ken-ST Moderator: Ill check right now to see if we can find some.
jy: gm
Ken-ST Moderator: [b]Good Morning[/b] [b]jy[/b]
jy: gm ken
James-ST Moderator: hey jy
James-ST Moderator: hey johnny
Johnny: GM gang!
James-ST Moderator: hey eric
Eric: GM
dennis: gm everyone
James-ST Moderator: hey dennis, hey renram
renram22: gm all
James-ST Moderator: hey jose
Ken-ST Moderator: [b]Good Morning[/b] [b]Johnny, Eric, dennis, renram22, jose[/b]
jose: gm all
dennis: hi Ken
Ken-ST Moderator: [b]Good Morning[/b] [b]Stanley[/b]
Ken-ST Moderator: Market Assessment:
Ken-ST Moderator: Daily Chart: Stochastics are in an uptrend. Prices are above the 5 day EMA
Ken-ST Moderator: Hourly Chart: EMAs are in an uptrend. Prices closed right at the 20 EMA
Ken-ST Moderator: 5 min chart: EMA uptrend.
James-ST Moderator: hey steve, njord
Ken-ST Moderator: Futures are currently gappinig down nearly 3.5 points
Njord: Gm James and Ken
Ken-ST Moderator: It is below the p/d lows and below the 20 ema on the 5 min and Hourly chart.
jy: why not BBY type B watch ?
Ken-ST Moderator: Overall we still have an uptrending bias to the market
Ken-ST Moderator: Lets add that jy.
jy: ar eyou sure, ken ?
Ken-ST Moderator: Still in the recent range
Ken-ST Moderator: but we can watch it
jy: ty
Ken-ST Moderator: [b]Good Morning[/b] [b]steve, Njord, Hunter[/b]
James-ST Moderator: hey hunter
Hunter: : gm guys
Ken-ST Moderator: MATK, CRDN and CECO also near new trending areas
Ken-ST Moderator: [b]Good Morning[/b] [b]kim[/b]
Ken-ST Moderator: Adding SNDK to watch
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIS 15.20[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIS 15.20[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIS 15.20[/b]
James-ST Moderator: [b]CANCEL SSNC WATCH[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PWAV 12.21[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PWAV 12.21[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PWAV 12.21[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]JMDT 25.11[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]JMDT 25.11[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]JMDT 25.11[/b]
James-ST Moderator: [b]ADDING WMAR TO TYPE B[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WMAR 15.99[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WMAR 15.99[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WMAR 15.99[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SNDK 41.16[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SNDK 41.16[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SNDK 41.16[/b]
James-ST Moderator: WMAR CLOSE
James-ST Moderator: SNDK RELATIVELY CLOSE
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SNDK 41.17[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SNDK 41.17[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SNDK 41.17[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]WMAR 15.99[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]WMAR 15.99[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]WMAR 15.99[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]OSIS 15.20[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]OSIS 15.20[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]OSIS 15.20[/b]
johnboy: test
James-ST Moderator: wb
johnboy: ty
jy: stop on osis and wmar ?
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]SNDK[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]SNDK[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]SNDK[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]SNDK[/b]
Abe: osis stop?
Ken-ST Moderator: HOD currentlly.
jy: ty
Ken-ST Moderator: The shorts in SNDK must be like , wtf
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SNDK[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SNDK[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SNDK[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SNDK[/b]
dennis: stop on WMAR?????
Abe: WMAR hit HOD
Ken-ST Moderator: Hod
Ken-ST Moderator: s/b 16.34
johnboy: anyone else having problems with the chat not refreshing?
dennis: it already hit the HOD AFTER I was in.....
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]WMAR[/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]WMAR[/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]WMAR[/b]
James-ST Moderator: ok dennis, good enough for us, we didnt see offer hit, but anyone got stopped here that is good enough for us
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]MATK 43.78[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]MATK 43.78[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]MATK 43.78[/b]
Ken-ST Moderator: whoa sorry
Ken-ST Moderator: cancel that
Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]MATK 43.78[/b]
Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]MATK 43.78[/b]
Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]MATK 43.78[/b]
Ken-ST Moderator: BBY still in a range
jose: Ken, what's the stop on OSIS? thanks
Ken-ST Moderator: Currently the HOD
Ken-ST Moderator: There is no tighter area right now
Ken-ST Moderator: The 5 EMA is tighter so I am keeping my eye on that.
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]WMAR 16.37[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]WMAR 16.37[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]WMAR 16.37[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]BRCM 46.51[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]BRCM 46.51[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]BRCM 46.51[/b]
Ken-ST Moderator: [b]Intraday Trend is Sideways to Down[/b] [b]BRCM 46.51[/b]
Ken-ST Moderator: [b]Intraday Trend is Sideways to Down[/b] [b][/b]
Abe: MATK volume 64K
Ken-ST Moderator: The average volume overall is still ok.
Ken-ST Moderator: Trade accordingly
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BRCM 45.99[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BRCM 45.99[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BRCM 45.99[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSIS 15.56[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSIS 15.56[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSIS 15.56[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PWAV 11.92[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PWAV 11.92[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PWAV 11.92[/b]
jose: Ken, what's the stop on MATK? thanks
Ken-ST Moderator: 44.51
Ken-ST Moderator: Initial if it triggers
James-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]MATK 43.78[/b]
James-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]MATK 43.78[/b]
James-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]MATK 43.78[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PWAV 11.92[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PWAV 11.92[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PWAV 11.92[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PWAV 12.10[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PWAV 12.10[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PWAV 12.10[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MATK 44.51[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MATK 44.51[/b]
Abe: what a morning
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]PWAV [/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]PWAV [/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]PWAV [/b]
Ken-ST Moderator: There is still the HOD alert on PWAV
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PWAV 12.21[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PWAV 12.21[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PWAV 12.21[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PWAV 12.21[/b]
Ken-ST Moderator: [b]Good Morning[/b] [b]Sean[/b]
Sean: gm
jose: Ken, what's the stop on PWAV?
Ken-ST Moderator: lod
jose: thanks
Ken-ST Moderator: we will keep that loose as we are now trading with the overall trend on the market
Ken-ST Moderator: stochastics are also in oversold territory
jose: OSSI 1%
jose: i mean OSIS
Ken-ST Moderator: I have it as 15.05
James-ST Moderator: gj, not for us yet though
Ken-ST Moderator: yes, if you made your 1% gj.
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]MATK[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]MATK[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]MATK[/b]
Ken-ST Moderator: Slightly looser would be 44.01 however we will opt to play it tight
James-ST Moderator: Darn market not moving upon initial opening last few trading sessions.......
James-ST Moderator: [img id=em-9]
Abe: PWAV stop?
Eric: PWAV
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]WMAR 16.37[/b]
Ken-ST Moderator: LOD
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MATK[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MATK[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]MATK[/b]
Stanley: I needed that one. Thanks guys!!!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSIS 15.46[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSIS 15.46[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSIS 15.46[/b]
Ken-ST Moderator: Nice going Stanley
Ken-ST Moderator: WMAR is close
Ken-ST Moderator: The action on the market this morning is pathetic
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]WMAR 16.37[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]WMAR 16.37[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]WMAR 16.37[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]WMAR 16.04[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]WMAR 16.04[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]WMAR 16.04[/b]
Ken-ST Moderator: We need some payback on that WMAR
jose: WMAR 1%
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]WMAR[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]WMAR[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]WMAR[/b]
James-ST Moderator: Market new LOD
Todd-SOF Direct: Unfortunately, we could not locate shares of JMDT to short.
Ken-ST Moderator: PWAV near its high of the session
hank: matk quite a runner
Ken-ST Moderator: Are you on it hank?
James-ST Moderator: yep not bad
hank: got out .85 thanks guys
Ken-ST Moderator: If you look there wasn't much support on the stock below on its daily chart
Ken-ST Moderator: excellent trade hank
hank: ty
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PWAV 12.06[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PWAV 12.06[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PWAV 12.06[/b]
Ken-ST Moderator: Cancel the Type B alerts
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]OSIS[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]OSIS[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]OSIS[/b]
James-ST Moderator: Questions or comments gang?
James-ST Moderator: Relatively busy morning......
James-ST Moderator: Should oil have any relevance anymore? Oil could be 10 bucks a barrel......we still can't refine it to gas, right?
James-ST Moderator: Losing those refinery in Louisiana has cut our refining capacity.....
James-ST Moderator: The supply is still there......
James-ST Moderator: hmmmm
James-ST Moderator: Market new LOD
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]OSIS BREAKEVEN[/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]OSIS BREAKEVEN[/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]OSIS BREAKEVEN[/b]
James-ST Moderator: Market new LOD
Ken-ST Moderator: Market has not broken its intraday dowtrend all day
Ken-ST Moderator: Start looking for some beaten up stocsk
Ken-ST Moderator: stocks
Ken-ST Moderator: for possible Type C trades
Ken-ST Moderator: buys
Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]HANS 36.37[/b]
Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]HANS 36.37[/b]
Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]HANS 36.37[/b]
Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]HANS 46.37[/b]
Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]HANS 46.37[/b]
Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]HANS 46.37[/b]
Ken-ST Moderator: Hi ally
ally: hey guys
James-ST Moderator: What have you been up to?
ally: james i bet you can guess...watching roberts get grilled...lol...kennedy drives me nuts
James-ST Moderator: what channel?
ally: fox of course :)
James-ST Moderator: [img id=em-6]
Ken-ST Moderator: true republican.
ally: it's a circus...i almost feel sorry for democrats...the way some of these twits act
ally: lol...jk
ally: i'm a little irritated about it..i should just shut off the tv
James-ST Moderator: hahahhaha
ally: :)
ally: thought i'd see what you guys are doing so i could get my mind off of it...lol
James-ST Moderator: lmao.......not much......a more active day then we have had in awhile......not saying much though
James-ST Moderator: crap......you got me to watch this crap too.....
James-ST Moderator: politics = crap = sludge in new orleans; the same
ally: lol...sorry...i think everyone should watch...tru colors shining thru on these clowns
James-ST Moderator: turn back to some real bs i can handle
steve: i'm off to the golf course with little brother :) you guys have a great day. see you tomorrow.
James-ST Moderator: ok steve take care, see ya tomorrow
jy: BBY diving
James-ST Moderator: we debated issuance on BBY at LOD.......just dont like the range that it is still in........definitely would have worked out
jy: EBay diving, too.
James-ST Moderator: looks like a profit taking day......
Ken-ST Moderator: ok steve,
Ken-ST Moderator: take it easy man.
hank: pwav at HOD
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PWAV[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PWAV[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PWAV[/b]
James-ST Moderator: Take a look at your 5 minute SPX charts......Market very oversold...loss of about 10 points since yesterday.....almost coming off of oversold levels.....
James-ST Moderator: Avoid trading during lunch......market will still be here later on, and with better action than lunch activity
kim: What would be your stop on WMAR since I didn't get out
Ken-ST Moderator: What is your entry?
kim: 16.41
Ken-ST Moderator: There are three levels, lod, 16.04 and 16.19
Ken-ST Moderator: Market trend is sideways to up. It depends on your risk tolerance, but 16.04 would be my choice
kim: thanks willl try 16.04
Ken-ST Moderator: I would love to see that stock burst through its 20 ema on 5 minute chart.
kim: So would I !
jy: ken/james, how's BRCM chart looking ?
Ken-ST Moderator: The trend on BRCM is still in tact.
Ken-ST Moderator: The 5 min EMAs are still in an uptrend
jy: ty
Ken-ST Moderator: Some market support would be nice
Ken-ST Moderator: Whats the most over valued stock you can think of right now?
Ken-ST Moderator: anyone
jy: WMAR ha sbeen sideway at current level since came down from 16.54 at 10.42 a.m.. I still have the position long. guess the stop is 16.04. Does the chart look o.k. intact ?
Ken-ST Moderator: The initial resistance was found at the stocks 20 EMA
Ken-ST Moderator: which is not uncommon.
Ken-ST Moderator: Often times there is the pullback off the 20 EMA then a surge past it for a 2nd leg up
jose: lunch break, see you guys at 1pm EST
jy: i hope so for the 2nd leg - i think it might need help from the market.
Ken-ST Moderator: So as long as its above the low of the day it still could be setting that up
Ken-ST Moderator: Market has been oversold for quite some time now
Ken-ST Moderator: ok jose, see ya soon
Ken-ST Moderator: Any steak eaters here?
Ken-ST Moderator: I had the best steak in my life last night.
Ken-ST Moderator: If anyone is every in this part of the world, I will treat you to the best steak in your life
jy: PWAV new hod 12.38
hank: where are you located Ken?
ally: see ya in a bit guys
Ken-ST Moderator: Hawaii.
Ken-ST Moderator: Have you ever been here?
hank: Nice place to live. I have never had the opportunity to visit Hawaii. I may take you up on that steak someday
Ken-ST Moderator: Anytime man.
hank: I have heard Hawaii is absolutely beautiful. My daughter honeymooned there just last year. She said that it was the most gorgeous place she has ever seen.
Ken-ST Moderator: Its hard for me to compare being that I have never lived anywhere else besides California and here.
Ken-ST Moderator: But I love it here.
James-ST Moderator: Hey ken i thought you were turning vegan or something
Ken-ST Moderator: I am a vegetarian who eats meat.
Todd-SOF Direct: Lol, maybe thats why the steak tasted to great
Todd-SOF Direct: so
Ken-ST Moderator: lol
Ken-ST Moderator: lol, nah actually you right.
James-ST Moderator: yeah seriously
Ken-ST Moderator: I have been staying away from meat, poultry and even fish.
Ken-ST Moderator: I have to tell you man, I feel healthier than ever.
Ken-ST Moderator: I don't swear off of meat, and will eat it every now and then.
Ken-ST Moderator: Cookouts and stuff.
Ken-ST Moderator: but overall, I can feel a huge improvement in my conditioning
James-ST Moderator: Looks like they vastly overestimated the casualties from Katrina.....but i actually looked back at that tsunami in Indonesia area.....looks like they got that right........250,000 dead
Ken-ST Moderator: I would suggest anyone try it for two weeks and see.
Ken-ST Moderator: hank, anytime you are in town, let me know
Ken-ST Moderator: [b]5 Minute EMA Trend[/b] [b]UP[/b][b] Stochastics Trend [b][b]UP[b]
Ken-ST Moderator: [b]Intraday Trend is Sideways to Up[/b] [b][/b]
Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]HANS 46.37[/b]
Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]HANS 46.37[/b]
Ken-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]HANS 46.37[/b]
Ken-ST Moderator: HANS is near to trigger
Ken-ST Moderator: WMAR is promising
jy: Ken, WMAR is promising - is the chart looking better.
Ken-ST Moderator: Yes, hopefully it can break through that 20 EMA
jy: ty ken
Ken-ST Moderator: Nothing yet until it does though.
jy: how's the overall market doing ?
James-ST Moderator: Not much, still near LOD, stochastics are up though
jy: ty
James-ST Moderator: [b]TYPE C Trade (Bottom). Consider Buy[/b] [b]HANS 46.37[/b]
James-ST Moderator: [b]TYPE C Trade (Bottom). Consider Buy[/b] [b]HANS 46.37[/b]
James-ST Moderator: [b]TYPE C Trade (Bottom). Consider Buy[/b] [b]HANS 46.37[/b]
jy: stop on HANS ?
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HANS 45.74[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HANS 45.74[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]HANS 45.74[/b]
jy: BRCM just spike up.
Ken-ST Moderator: Yes, we could probably move our stop up now.
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BRCM 46.15[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BRCM 46.15[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BRCM 46.15[/b]
Ken-ST Moderator: Hi kim
kim: hi
James-ST Moderator: Market currently testing the 50 ema on the 5 minute chart, stochastics still up
James-ST Moderator: hey ally wb
Ken-ST Moderator: Hi ally
ally: hey guys
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]HANS[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]HANS[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]HANS[/b]
Welcome to SwingTrades.com!
James-ST Moderator has entered DayTrading Chat
Room is moderated
You can now talk
James-ST Moderator has become a moderator
Ken-ST Moderator: Hey James
James-ST Moderator: wb me
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]HANS[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]HANS[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]HANS[/b]
James-ST Moderator: Should wake everyone up a bit
Ken-ST Moderator: yeah baby
jy james/ken, how's HANS looking ? I exited 50% of my position and kept the other 50% for a potential runner. Where should I set stop ? I have it now at 46.79, playing with their money.
James-ST Moderator: hmmm
James-ST Moderator: maybe monitor, and look for a close below that 5 ema, trending nicely above it on the 5 minute chart
James-ST Moderator: keep it real tight and raise stop to last 5 minute bar might be good since the uptrend is so smooth right now
Ken-ST Moderator: Watch the spx 5 min also
Ken-ST Moderator: yes tight,
Ken-ST Moderator: Scale out
Ken-ST Moderator: market is overbought right now
Ken-ST Moderator: you can't go wrong scaling out into strength.
Ken-ST Moderator: But that looks like a nice stop area.
jy i think i'm going to take profit at 47.2
Ken-ST Moderator: Nice
Ken-ST Moderator: When you see the surge ahead, don't be afraid to throw a few shares out there on the offer.
Ken-ST Moderator: Let the momentum take you out.
Ken-ST Moderator: Consider moving your stop on WMAR to 16.14 if you are still in
Ken-ST Moderator: I will be right back
jy exited HANS at 47.3
James-ST Moderator: very nice
James-ST Moderator: anyone else get some of hans?
hank I did and I ran the 2nd half too, by Jy did better than me---got out at .18
James-ST Moderator: [img id=em-3]
hank that was quite a ride, reminds me a little of the old days :)
James-ST Moderator: nice
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jy don't look back - take a good profit on HANS.
hank I never look back on any trade
James-ST Moderator: yep
James-ST Moderator: nice
jy PWAV ne whod
James-ST Moderator: ncie
James-ST Moderator: Market breaking the 50 ema.....stochastics are overbought.......
James-ST Moderator: hmmmmmmmm
James-ST Moderator: Let's look for triggers
jy HANS - that's a goog trigger. ty guys.
James-ST Moderator: PWAV is valid at HOD, nothing above it posing as resistance......lets wait for a first break 12.51 and see if there is any pullback
James-ST Moderator: nice jy
James-ST Moderator: OSIS has a nice gap above it but far away right now......will look into it if it gets near trigger
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James-ST Moderator: WMAR stuck right int he middle of the day's range.....a trigger either way is valid
James-ST Moderator: BBY LOD is also valid, however, not at LOD it enters into congestion / possible support set from mid June on the daily chart
jy SNDK nice runner.
James-ST Moderator: SNDAK HOD is valid as well.....however, it too is overbought with market.....hopefully they can consoldiate at these levels and come down from overbought on the stochastics
James-ST Moderator: yep, about a buck from mornign trigger
James-ST Moderator: amazing how little market we have been getting
James-ST Moderator: action
James-ST Moderator: hopefully we can squeeze out soem winners here and there
hank and yet you have made some great calls today guys
ally i bought sndk yesterday at 40.02 :0)
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ally still have it but tightened up stop...don't want to lose it
James-ST Moderator: wow ally fantastic!
James-ST Moderator: what made you get into it?
James-ST Moderator: ty hank
ally i am learning...getting better
James-ST Moderator: allly, what made you jump in on sndk?
ally daily looked good, figured breaking anove 40 was a good bet
James-ST Moderator: you are handsome
James-ST Moderator: couple points in a day
ally also shorted TECUA...up over 4% in that one too
ally got a few others, a couple up 1%, a couple down 1% but about 10% up total
James-ST Moderator: fantastic, ally, when you came into stock trading the concept of "short" wasn't hard to grasp initally?
James-ST Moderator: vn ally, remember no one has ever gone broke taking profits
ally yeah...dave explained shorting to me...i get it now...lol
James-ST Moderator: first time traders......i find that they don't understand shorting.....and then when they realize you can make money hoping for a company's stock to go down......they think, "No way, why would i hope for them to fail?"
James-ST Moderator: i think it is fantastic that you understand fully that money can be made both ways, right off the bat.....
jy HANS - 48 wow
Abe any afternoon triggers?
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James-ST Moderator: Not your 5 minute SPX, Stochastics are back down.......looks like the 50 ema has posed topside resistance, at least temporarily
James-ST Moderator: abe, WMAR either way
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James-ST Moderator: we noted others above
Abe ty
James-ST Moderator: Many are valid, but we will hold off as noted
James-ST Moderator: hey jy, all this time you have been here, have no idea your hobbies or anything......you are just a machine trader
hank looks like the swings all stopped out :(
James-ST Moderator: choppy.....
jy yes. a machine trader and somehting else.
James-ST Moderator: lol, what do you do for fun?
James-ST Moderator: trade?
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hank Goog on Fire too right now
jy i paly tennis, gardner, boating and fxing up the house.
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James-ST Moderator: ty hank.........just broke out to all tiem highs just now.........need some consolidation and we play it........
James-ST Moderator: possibly a nice Type A tomorrow
James-ST Moderator: or.....it will hit its head here and fall
hank It will be interesting to watch, I am noticing a distinct interest in my January Calls lately
James-ST Moderator: You wrote some covered calls?
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James-ST Moderator: hey jy, wb.......wb johnny
James-ST Moderator: nice jy
jy i got bump out
James-ST Moderator: We were just talking about GOOG........
hank nope, just bought some contracts outright a couple of weeks ago
James-ST Moderator: Maybe a Type A tomorrow.......or a retest of all time highs.......Breakout or Double Top?
James-ST Moderator: very very nice
jy goog is strong. almost bought some but didn't due to the market. so....
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Ken-ST Moderator: Back
Hunter has entered DayTrading Chat
James-ST Moderator: hey hunter wb
ally goog had a high of 317.80 on 7-21
Hunter : thx man
jy BIDU is strong - up 4.5
hank I can't play BIDU because it raises my blood pressure--it's skeery
jy HANS is green at 48.26. wow
James-ST Moderator: yep ty ally
James-ST Moderator: just checked got it
Ken-ST Moderator: BRCM at high of the session
Ken-ST Moderator: HOD
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][/b]
Ken-ST Moderator: Nice consolidation above our entry on BRCM
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]BRCM[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]BRCM[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]BRCM[/b]
Ken-ST Moderator: Also about halfway to target
Ken-ST Moderator: Surge in the market
Ken-ST Moderator: HANS , wow
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Ken-ST Moderator: NTES just off all time highs
Ken-ST Moderator: BRCM just off target.
Ken-ST Moderator: A scalping entry into NTES would be at the previous high
Ken-ST Moderator: 85.86
Ken-ST Moderator: with a stop at 85.22
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]BRCM[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]BRCM[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]BRCM[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]BRCM[/b]
jy that's a patient one. ty guys
James-ST Moderator: ALL DAY
Ken-ST Moderator: Nice going jy.
Ken-ST Moderator: Hey that's all it takes. You don't need to be in and out in minutes, although it is nice.
Ken-ST Moderator: It beats staying all day in an office.
Ken-ST Moderator Update!
Ken-ST Moderator: Cancel AAPL alert
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Ken-ST Moderator: Any questions/comments?
James-ST Moderator: Questions, comments, anything of note?
Ken-ST Moderator: Stocks on the run are harder to profit from than it looks.
Ken-ST Moderator: You need a plan to get in.
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Ken-ST Moderator: One idea is to apply the same principles.
jy the one pos stock is WMAR - got stop out at 16.04. was not able to exit at profit. so...
Ken-ST Moderator: Wait for a pullback/test of the 5 ema
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jose Ken, any comments on GOOG long, thanks
Ken-ST Moderator: then buy in as it breaks to a new high of the day.
Ken-ST Moderator: The stop would be a penny below the low of the pullback.
Ken-ST Moderator: Risky here intraday.
Ken-ST Moderator: Although the Daily chart is above all of its moving averages, it is still under its all time highs
ak are we watching WMAR again?
Ken-ST Moderator: Which means selling pressure.
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WMAR 15.86[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WMAR 15.86[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WMAR 15.86[/b]
Ken-ST Moderator: Thanks ak
ak yw
ak how about PWAV HOD
Ken-ST Moderator: The market is just coming off overbought
ak So is it better to stay on the short side?
Ken-ST Moderator: Stay away from longs for now
Ken-ST Moderator: To be safe
Ken-ST Moderator: the stop is sorta tight, so if you want to take that chance, you know the risks
Ken-ST Moderator: 12.35 stop area
Ken-ST Moderator: for tight
James-ST Moderator: Rocky start to start the day.......back on our feet with some nice triggers.......HANS bottom call a solid 2 dollar play
James-ST Moderator: Day still feels uneventful..........
jy market seems to be moving down steadily.
jy gOOG and BIDU holding up well
Ken-ST Moderator: Market rallied up to test the intraday trading range that it broke down out of this am.
Ken-ST Moderator: Textbook
Sean WMAR is near
ak WMAR close
ak lo sean
ak lol
Sean lol
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WMAR 15.86[/b]
Ken-ST Moderator: thank you
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]WMAR 15.86[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]WMAR 15.86[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]WMAR 15.86[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]WMAR 16.13[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]WMAR 16.13[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]WMAR 16.13[/b]
Sean BIDU dropped like 3% in the last 2 minutes
Sean scary stuff
Ken-ST Moderator: wow
Ken-ST Moderator: That is scary
Ken-ST Moderator Update!
Ken-ST Moderator: Cancel all alerts
jy WMAR might come back and hurt us ?? it got stuck at 15.96 level
Sean yikes
Sean wow, that just might be the wolrds best placed stop
Ken-ST Moderator: whoa
jy Abe has to push WMAR down. Is he here ?
Ken-ST Moderator: Market at its low of the session
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Ken-ST Moderator: Any questions/comments?
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kim Thanks ken and James see you in the morning. Ken what time do you get up to trade there?
Ken-ST Moderator: I am up just before 2:00 here
Ken-ST Moderator: in the morning
Ken-ST Moderator: It is currently just before 10:00 am here
kim how do you think that early
Sean woah
Sean yeah
ak you must be sleepy by now
Ken-ST Moderator: So while most of you are wrapping up your day, I am just getting awake
Ken-ST Moderator: lol
Ken-ST Moderator: I am used to it
jose Ken, which country?
Ken-ST Moderator: I've been doing this for a long time
ak working three shifts?
Ken-ST Moderator: I am still in the U.S. Hawaii
kim You beter get a nap in see you.
Ken-ST Moderator: Ok Kim, take it easy
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Ken-ST Moderator: WMAR got the better of us today
Ken-ST Moderator: Dang
Ken-ST Moderator: Swing Trade alert triggered short time ago
Ken-ST Moderator: fyi
Sean should we exit WMAR?
Ken-ST Moderator: We do not suggest holding any day trades overnight
jy ty kena nd james. gn and cu tomorrow.
Sean alright
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Ken-ST Moderator: closing price of 16.00
hank Ken, I didn't see the swing trade trigger. Do I have bad data?
Ken-ST Moderator: The trigger is 24.24
hank I don't see anything lower than 24.26 on my data with no trade at 24.24, so I must have a bad feed coming thru I guess
Ken-ST Moderator: It hit a low of 24.16
Ken-ST Moderator: Hmmm, are you using 20 minute delayed quotes from yahoo.como?
Ken-ST Moderator: lol
Ken-ST Moderator: Yeah it triggered minutes before the close
Ken-ST Moderator: 15:58
hank lol---I didn't think so, but maybe I should check to see--ty for the heads up
Ken-ST Moderator: no problemo
Hunter : have a good evening guys, gang .. take care all
Hunter has left the room
Ken-ST Moderator: Thanks Hunter.
Ken-ST Moderator: Take care.
Ken-ST Moderator: Any questions/comments before I'm gone?
Ken-ST Moderator: Ok, have a nice night.
Ken-ST Moderator: Take it easy everyone.
Ken-ST Moderator is no longer a moderator
Ken-ST Moderator has logged out
ally see ya guys
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