9/22/05 Chat Session
Ken-ST Moderator: [b]Good Morning[/b] [b]STEVE[b]
STEVE: gm
jjwolfe: Gm All
Ken-ST Moderator: [b]Good Morning[/b] [b]jjwolfe, char[b]
char: hi everybody
Ken-ST Moderator: No Type A plays today
Ken-ST Moderator: We have our eyes on a few stocks in new trending areas. AEOS, AFFX, CME, APOL, GOOG, DRIV, AMZN
pvg6799 has logged out
jose: gm, Ken, jjwolfe, char, STEVE
Ken-ST Moderator: [b]Good Morning[/b] [b]ahk[b]
ahk: hi
ahk: r u familiar w/Able systems?
Ken-ST Moderator: its a stock we watch
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: [b]Good Morning[/b] [b]James[b]
James-ST Moderator: gm alll
ahk no I'm referring to a trading software system
ally has entered DayTrading Chat
James-ST Moderator: hey ally
ally hey guys
Ken-ST Moderator: [b]Good Morning[/b] [b]ally[b]
Ken-ST Moderator: I am not familiar with them
KIM has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]KIM[b]
James-ST Moderator: hey kim
KIM gm James
James-ST Moderator: Did anyone watch that plane land yesterday? It is amazing the front leg did not break off.........a perfect landing
Ken-ST Moderator: Read abou it only
Ken-ST Moderator: Man, those passengers must have had an horrible three hours
Ken-ST Moderator: Can you imagine?
char yea it was amazing
johnboy has entered DayTrading Chat
johnboy Good Morning Everyone
James-ST Moderator: hey jb
Ken-ST Moderator: [b]Good Morning[/b] [b]johnboy[b]
ak has entered DayTrading Chat
Todd-SOF Direct has entered DayTrading Chat
jjwolfe has logged out
Todd-SOF Direct gm everyone
James-ST Moderator: gm, ak, todd, wolfe
johnboy yo Todd
Ken-ST Moderator: [b]Good Morning[/b] [b]ak, Todd[b]
ak gm James, Ken, all
jjwolfe has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]jjwolfe[b]
Njord has entered DayTrading Chat
James-ST Moderator: hey njord
Njord Gm James and all
Ken-ST Moderator: [b]Good Morning[/b] [b]Njord[b]
stanley has entered DayTrading Chat
James-ST Moderator: hey stan
Ken-ST Moderator: [b]Good Morning[/b] [b]stanley[b]
stanley gm all
pvg6799 has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]pvg6799[b]
pvg6799 gm
Johnny has entered DayTrading Chat
Hunter has entered DayTrading Chat
Johnny GM gang!
Ken-ST Moderator: [b]Good Morning[/b] [b]Johnny, Hunter[b]
Ken-ST Moderator: Market Assessment:
Hunter : gm guys
Ken-ST Moderator: Daily Chart: below the 5 day EMA, Stochatics in downtrend
Ken-ST Moderator: Hourly Chart: Downtrend with 20 EMA below the 50 EMA
James-ST Moderator: hey hunter, johnny
Ken-ST Moderator: 5 min Chart: Downtrend
Ken-ST Moderator: Futures are flat
Ken-ST Moderator: Overall a downtrending bias to the market
Hunter : Yo Todd, no shorts for cmed &abix, could you check on these please ? and good mornin to ya !
jy has entered DayTrading Chat
jy gm
Ken-ST Moderator: [b]Good Morning[/b] [b]jy[b]
James-ST Moderator: hey jy
kehsha has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]kehsha[b]
kehsha gm
Todd-SOF Direct Gm Hunter. I'll see about those short shares
Hunter : ok, thx man
Ken-ST Moderator: Opening Bell
Ken-ST Moderator: Kick butt people
Ken-ST Moderator Update!
Ken-ST Moderator: Cancel ABIX, spread is humangous
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SMSC 28.26[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SMSC 28.26[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SMSC 28.26[/b]
Hunter : oh yeah Todd still no shorts for mstr
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CMED 24.01[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CMED 24.01[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CMED 24.01[/b]
Todd-SOF Direct Ok Hunter will see
Hunter : thx man
James-ST Moderator: [b]ADDING EASI TO TYPE B[/b]
Ken-ST Moderator: Thats a buy
Ken-ST Moderator: buyout
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.24[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.24[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.24[/b]
Ken-ST Moderator: We will not trade EASI today
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CMTL 40.96[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CMTL 40.96[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CMTL 40.96[/b]
Ken-ST Moderator: Nasdaq new trend lows
Violet has entered DayTrading Chat
Ken-ST Moderator: [b]Good Morning[/b] [b]Violet[b]
James-ST Moderator: HEY VIOLET
Ken-ST Moderator: CMTL, SMSC are close
Ken-ST Moderator: CYBX as well
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CMTL 40.96[/b]
James-ST Moderator: Yell if you see anything........
James-ST Moderator: That big ol Category 5 looming may put on the harness on the market for awhile so tread carefully
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CMTL 40.96[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CMTL 40.96[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CMTL 40.96[/b]
jy CMTL stop - lod ?
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CMTL 40.49[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CMTL 40.49[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CMTL 40.49[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CMTL 40.49[/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]CMTL 40.49[/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]CMTL 40.49[/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]CMTL 40.49[/b]
James-ST Moderator: CYBX close
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CMTL 39.09[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CMTL 39.09[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CMTL 39.09[/b]
James-ST Moderator: That pos owes us
James-ST Moderator: GOOG about 2 points away from all time highs......will be interesting....put on watch list and observe initial break (if ther is one)
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CMTL 39.09[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CMTL 39.09[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CMTL 39.09[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CMED 22.29[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CMED 22.29[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CMED 22.29[/b]
Ken-ST Moderator: Watching GOOG
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIP 28.28[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIP 28.28[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIP 28.28[/b]
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]
ak mkt surging
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CYBX 32.88[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CYBX 32.88[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CYBX 32.88[/b]
jy GOOG just passed all time high
Ken-ST Moderator: yes jy
Ken-ST Moderator: intial break
Ken-ST Moderator: lets watch for a consolidation/pullback
Ken-ST Moderator: SMSC is close
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SMSC 28.26[/b]
ak who tickeled the mkT.
Ken-ST Moderator: Market surge above the 20 ema
ak trying to take out 50 ema
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SMSC 28.26[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SMSC 28.26[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SMSC 28.26[/b]
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CMED 22.29[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CMED 22.29[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CMED 22.29[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ESRX 60.68[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ESRX 60.68[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ESRX 60.68[/b]
Ken-ST Moderator: MSTR hit a nice target on Swing Trading side
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SMSC[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SMSC[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SMSC[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SMSC[/b]
Ken-ST Moderator: Market in initial surge past 20 ema
Ken-ST Moderator: Market on our side on SMSC
Ken-ST Moderator: Stochastics in very nice trend
James-ST Moderator: SMSC NEW HOD
James-ST Moderator: Market slightly above 50 ema on 5 minute chart for the first time in awhile......let's see how this pans out
Ken-ST Moderator: Ok, GOOG is pulling back
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CMED 22.76[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CMED 22.76[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CMED 22.76[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]GOOG 319.23[/b]
Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]GOOG 319.23[/b]
Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]GOOG 319.23[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CMED[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CMED[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CMED[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CMED[/b]
Ken-ST Moderator: Watching market action now as it consolidates above the 20 ema
Ken-ST Moderator: A lot of significant changes in trend begins with a surge past the 20 EMA. On any timeframe
dennis has entered DayTrading Chat
ally VLO new highs
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Good Morning[/b] [b]dennis[b]
James-ST Moderator: hey dennis
dennis hello Ken
Ken-ST Moderator: ah nice ally
dennis gm James
Ken-ST Moderator: there was a nice entry at 115.96
ally yeah i'm in :0)
Ken-ST Moderator: feel free to bring it up to the room, or other stocks that look interesting
ally i know...should have earlier...sorry :)
Ken-ST Moderator: lol
Ken-ST Moderator: np
ally HOKU at hod?
Ken-ST Moderator: The more people in the room looking for the same setups the better for everyone.
ally NOV
ally STR
Ken-ST Moderator: HOKU in recent range
Ken-ST Moderator: NOV looks good
Ken-ST Moderator: NOV also has a nice stop area
Ken-ST Moderator: only thing is its a listed stock, so not as attractive, but setup is there at 67.01
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]
Ken-ST Moderator: Note the consolidation going on above the 20 ema on the 5 minute chart
James-ST Moderator: no hoku ally very much in familiar territory
ally CRZO at 28.94 or 29.01
Ken-ST Moderator: the High setup is rather far away
Ken-ST Moderator: No to the low setup
Ken-ST Moderator: the 5 day EMA is just below
ally no i didn't mean short it
James-ST Moderator: CMED new LOD
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]
ahk esrx
Ken-ST Moderator: We will stay away from the short side on that one
Ken-ST Moderator: The gap is not actually fit for the strategies
Ken-ST Moderator: still in a range
Ken-ST Moderator: pre market it was under the 20 EMA
ahk esrx cracking
Ken-ST Moderator: yup
James-ST Moderator: Looks like the 50 ema on the 5 minute chart has once again provided overhead resistance, now trading below, stochastics down
dennis has logged out
jy the market is so choppy. down in a min. then up in a min.
Ken-ST Moderator: intial resistance
Ken-ST Moderator: so far still considered consolidation at the 20 ema
Ken-ST Moderator Update!
Ken-ST Moderator: Cancel Type B alerts
James-ST Moderator: Truly scary......this new Hurricane
James-ST Moderator: At least everyone takes it much more seriously, and they know what tod do this time.
Hunter : yo Ken, how's thst option to aim comin along ?
James-ST Moderator: Questions or comments?
Hunter : that
Ken-ST Moderator: in about 1 month
Ken-ST Moderator: but I will let everyone know as soon as it is available
Ken-ST Moderator: it will be cool
Ken-ST Moderator: like me
Ken-ST Moderator: lol
Hunter : ok good ! hurry man hurry ! lol
Hunter : are you Fonzie cool like James ?
Ken-ST Moderator: lol
Hunter : lol
ally PETM short?
ally oops...forgot what time it was
Ken-ST Moderator: 21.38 is the breakdown price
Ken-ST Moderator: but yes its lunch and today stinks
jy ally, hope you're out of MOVI short ?
ally lol jy...i was just looking at that...it's dave's trade....has his stop at 13.31
jy o.k. good luck.
ally :(
jy what is hi staregt exit price on MOVI ?
ally not sure he has one
James-ST Moderator: [img id=em-6]
ally i think he thinks it will just keep going and going
ally kinda stubborn
ally but if i bail on it, it will probably turn back down...then i'll be in the doghouse...lol
jy he could be right. but you have to go back to dec. 2002 to see prices at this level.
bearrally has entered DayTrading Chat
James-ST Moderator: hey bear
jy EASI is an acquistion play - DRS is palying $43/share to buy EASI.
James-ST Moderator: yep noted after the open
James-ST Moderator: CMTL would be LOD trigger here......that pos
James-ST Moderator: taking lunch here
Ken-ST Moderator: Hi Bear
Ken-ST Moderator: any questions anyone?
Ken-ST Moderator: Note that the 20 EMA is still below the 50 EMA on 5 min
bearrally when is goog earning?
Ken-ST Moderator: Not sure bear
Ken-ST Moderator: trying to find out now
Ken-ST Moderator: Sometime in mid October is what I would gues
Ken-ST Moderator: guess
bearrally 100/20/05
ak According to WSJ calendar Oct31 -10Nov last year it was Oct 21
bearrally day before option expiration
bearrally per goog web page
Ken-ST Moderator: Cool, thats my birthday too
Ken-ST Moderator: lol
bearrally ken, what's the opinion on earning?
bearrally another blown out number?
Ken-ST Moderator: for GOOG?
bearrally yes
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Ken-ST Moderator: I have no clue, but I think they will continue to beat
Ken-ST Moderator: they did last time, they just sorta tempered peoples enthusiasm a bit
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Ken-ST Moderator: stochastics oversold
Ken-ST Moderator: [b]5 Minute EMA Trend[/b] [b]NOV 67.01[/b] [b]Stochastics Trend[/b] [b]DOWN[/b]
ally gonna take off guys...have a good day
Ken-ST Moderator: Ok ally
ally has left the room
Ken-ST Moderator: Market made a new lod briefly
Ken-ST Moderator: during the lunch hour
bearrally has entered DayTrading Chat
Ken-ST Moderator: wb
jy GOOG gave back most of the gain below 52 week high
Ken-ST Moderator: yes, its a good thing we stayed away from its intial break
bearrally has logged out
Ken-ST Moderator: Market new lod
Ken-ST Moderator: [b]Intraday Trend is Sideways to Up[/b]
ahk has logged out
Johnny has logged out
Ken-ST Moderator: GOOG really gave it up
Johnny has entered DayTrading Chat
Ken-ST Moderator: Hi Johnny
Ken-ST Moderator: CYBX hitting new lod
Ken-ST Moderator: That stock has little support below it
ahk has entered DayTrading Chat
Ken-ST Moderator: Hi ahk
Ken-ST Moderator: Consider moving the stop down on WEBX to 24.66 for those in the swing trade
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Ken-ST Moderator: For those in on the EXBD secondary, consider moving the stop down to 76.43
ahk has entered DayTrading Chat
Ken-ST Moderator: wb
ahk lousy connection
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Ken-ST Moderator: [b]Intraday Trend is Sideways to Up[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIP 28.26[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIP 28.26[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIP 28.26[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.12[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.12[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.12[/b]
kehsha has entered DayTrading Chat
James-ST Moderator: wb kehsha
kehsha thx
Ken-ST Moderator: [b]5 Minute EMA Trend[/b] [b]CYBX 32.12[/b] [b]Stochastics Trend[/b] [b]DOWN[/b]
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]
James-ST Moderator: Market once again testing the 50 ema on the 5 minute chart, stochastics up.....let's see if the 50 ema once again provides resistance
Ken-ST Moderator: Once again, the new lod in the market during the lunch hour has proved to be a shakeout
Ken-ST Moderator: But people here are smarter than that.
Ken-ST Moderator: We won't fall for their tricks
jy GOOG coming back up with the market.
Ken-ST Moderator: Market still in range
James-ST Moderator: Market is choppy, too much uncertainty with hurricane and oil.....
jy yes. it's up a min and then down a min. - choppy is right.
James-ST Moderator: If the market ends up significantly going into the weekend before Rita hits........i will be the first to be [img id=em-5]
James-ST Moderator: If you think about it......when there is an act of god such as this....the market becomes a casino.......everyone is placing their bets on the outcome......
Ken-ST Moderator: Be right back gang
James-ST Moderator: Otherwise, fundamentals and charts would play more of a factor.....in this case......and as a result of the damage that Katrina wrought to the surprise of the market......everything is up in the air
James-ST Moderator: Be careful with your trades.......
jy you're right. james. becareful out there.
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James-ST Moderator: wb pvg
James-ST Moderator: questions or comments gang
James-ST Moderator: ?
ahk has entered DayTrading Chat
James-ST Moderator: wn ahk
James-ST Moderator: Anyone with personal trades?
Johnny has entered DayTrading Chat
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIP 28.26[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIP 28.26[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSIP 28.26[/b]
James-ST Moderator: wb johnny
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.12[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.12[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.12[/b]
James-ST Moderator: MARKET NEW hod
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EASI 40.34[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EASI 40.34[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EASI 40.34[/b]
James-ST Moderator: We will hold off on SHLD for now.....still in yesterday's candle and there is also the 5ema on the daily chart...SHLD has used that as resistance throughout its current downtrend from 160 bucks
jy from lod to now SPX 10 pts diference. DOW is 84 pts. difference. choppy
James-ST Moderator: Everyone placing their bets?
jy james, what's you rbet ?
jy your bet ?
James-ST Moderator: hmmmm
James-ST Moderator: tomorrow flat to down
James-ST Moderator: down a little
James-ST Moderator: some damage, which as they say right now is inevitable........gas spikes next week.....hopefully not too much
jy If Rita's damage is less than people think - then next Monday will be good sinc eoil will be down. If Rita's damage is worse than people think, then oil goes up, market down big.
James-ST Moderator: yep
James-ST Moderator: i think it should not be too bad......first, the market seems to be anticipating the worst.....and second.....seems like they prepared a lot more, especially the oil refinteries
James-ST Moderator: i say 60/40......with 60 being up
jy you could be correct. tomorrow storm forecast should be a factor.
jy i think any relief rally could be big.
James-ST Moderator: yep
Ken-ST Moderator: back
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CYBX 32.12[/b]
Hunter : talx lod ?
Ken-ST Moderator: Handsome Hunter
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]TALX 30.69[/b]
Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]TALX 30.69[/b]
Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]TALX 30.69[/b]
jy james, what are those noises for ?
Ken-ST Moderator: ?
jy ty - talx.
Ken-ST Moderator: 5 min EMAs have turned up
Ken-ST Moderator: ty Hunter
Hunter : sure np, lets hope it works
James-ST Moderator: jy what noises?
jy nothing. ty. james/ken, please look at PFCB chart. loks like another MOVI on the daily.
James-ST Moderator: pf chang's
James-ST Moderator: wow it is another MOVI alrgith
jy yes. Chinese food chain restaurant cooked by white folks.
James-ST Moderator: I beleive we profited nicely on the day it gapped down
James-ST Moderator: Here....not sure jy
James-ST Moderator: hahahah jy
jy makes their money on drinks.
James-ST Moderator: i don't like chinese food much, you?
jy swing traDE IDEA - pfcb.
James-ST Moderator: yes
jy James, swing trade PFCB - what is your suggestion on STOP and entry ?
James-ST Moderator: let me look back.....there has to be support some where, it has already fallen 22 points
James-ST Moderator: August of last year jy, was right around this 34 dollar range before it began it's huge run up......
James-ST Moderator: Sorry 43 dollar range
jy it broke2 week lod at 45.11 set on 9/23/04.
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]
Ken-ST Moderator: [b]Intraday Trend is Sideways to Down[/b]
James-ST Moderator: I think around here, it may find a little support, if we use the area where it launched from as support .....
James-ST Moderator: Could have more down side though
jy so james, shoudln't play PFCB ?
James-ST Moderator: If you used yesterday's high as a stop, at 47.53, that is a huge stop at this point for a gain hopefully into support it has shown last year at these levels......
jy i'll watch PFCB aand see. ty.
jy james, how about MOVI ? does the chart show it's bottoming out.
James-ST Moderator: Well, if it is any help.....i dont like chinese food, lol
Ken-ST Moderator: lmao
jy you like movie ?
Ken-ST Moderator: he likes NFLX better
James-ST Moderator: 12.14.....breaks that again......you know the deal......
Ken-ST Moderator: CYBX is close
James-ST Moderator: yes Netflix is the best thing since sliced bread
James-ST Moderator: I go back a couple years for MOVI....i still don't see support
jy NFLX is up today 2.8%
jy that's Dave's thinking. Ally's hubsband. he set stop at 13.3 and let MOVI ride.
James-ST Moderator: yep, not a bad idea.....imagine shorting at 26 bucks or so.......
James-ST Moderator: let it ride......heck not even a ride.......just falling off a cliff........
jy i shorted MOVI at 25.11 but exited too early for around 10% profit.
James-ST Moderator: Companies come and go......what may seem like genius one day.....will be outdated the next.......imagine 10 years ago if i told you Blockbuster would be squeezed out one day.......at the time they were so dominant i would have been called insane
James-ST Moderator: 10% is nice
jy yep.
James-ST Moderator: Or 10 years ago, if i said Apple would come out of Bankruptcy and once again be a billion dollar company......insane.......
ahk has logged out
jy one of my friens bough AAPL at $15 pre-split. that's $7.5. he still ahs the position. He said AAPL hasd never gone down below that price since it's IPO.
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CYBX 32.12[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CYBX 32.12[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CYBX 32.12[/b]
James-ST Moderator: incredible
ahk has entered DayTrading Chat
jy 7 times his money
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CYBX 32.34[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CYBX 32.34[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CYBX 32.34[/b]
James-ST Moderator: That is awesome......
James-ST Moderator: Sometimes i wonder about those who bought JDSU when it was 150ish.........losing 99% of its value......
jy yes. you're right. or any of those sotcks like Petsmart.com. it went broke. and disappear.
ak On the bright side it can only go down 1% more. Alot of upside. Pretty hopeful thinking eh.
ahk cha ching time
ahk havent heard it in a awhile
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CYBX [/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CYBX [/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CYBX [/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CYBX [/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CYBX [/b]
ahk :)
jy :) let it ride
James-ST Moderator: yep jy.....those inets were incredible....
James-ST Moderator: heheh, ak......it can't go down 1% more, it can go down 100% more
ak My poitof refeence $150
ak reference. lol
James-ST Moderator: AH TURE
James-ST Moderator: ah true
ahk I won't hold my breath
James-ST Moderator: CYBX has a nice gap from that January gap up
James-ST Moderator: you have JDSU from all the way back then?
jy CYBX runner
jy set stop at 31.8 and see.
jy o.k. CYBX will it a good old college try for runner - stop out at 1%.
ak No james. I will be working in Mcdonalds if I did.
James-ST Moderator: hahhaha
ak even they would not have hired if they found out my trade Buy $150 sell $1.50. lol
James-ST Moderator: yeah
jy GOOG in red -0.44.
James-ST Moderator: Reason why we NEVER play initial break
James-ST Moderator: More often then not sets up to be a double top.......
James-ST Moderator: Consolidation here and Another break would be a play........
James-ST Moderator: Now it looks fantastic that we did not enter, would have lost 7 bucks in a matter of hours
jy james, what a non-call.
ak we could have shorted it James. What a non-call .lol
James-ST Moderator: hahahah
James-ST Moderator: yep, it is hard to say if the break will be a top or a breakout......better to play it safe
jy GOOG makes it's own rule - you think the market move up, the stock will move up but GOOG actually came down when the market moved up.
ak That is why it doesn't matter which way we read ( right toleft or left to right) the symbol, it will read GOOG lol
James-ST Moderator: [img id=em-1]
James-ST Moderator: [img id=em-0]
Ken-ST Moderator: lol
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jose has entered DayTrading Chat
jy james/ken, gn guys ty. cu tomorrow.
jy has left the room
Ken-ST Moderator: CMTL is at hod
Ken-ST Moderator: no stop area defined
Ken-ST Moderator: We will hold off any trade there
Ken-ST Moderator: Any questions gang?
Ken-ST Moderator: CME broke to new all time highs
Ken-ST Moderator: Market new HOD
Ken-ST Moderator Update!
Ken-ST Moderator: Cancel all alerts
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bearrally has entered DayTrading Chat
Ken-ST Moderator: Hey Bear
Ken-ST Moderator: Just wrapping up here
bearrally getting killed here
Ken-ST Moderator: really?
Ken-ST Moderator: what do you have going?
bearrally cme and goog put
Ken-ST Moderator: GOOG gave it up
bearrally yeah, but have more cme than goog :(
bearrally did you go and buy shld ken?
Ken-ST Moderator: Heck no
Ken-ST Moderator: Someone told me its going to 0 based on fundamentals
Ken-ST Moderator: damn, I thought you were long on CME yesterday?
bearrally no, got out yesterday
bearrally and bought some put
bearrally only 20 contracts though
Ken-ST Moderator: Chump change for you
bearrally i wished
bearrally just lost my mortgage payment
bearrally actually 2 months
bearrally lol
Ken-ST Moderator: ouch
bearrally just avg down with 20 contracts
Ken-ST Moderator: cool
Ken-ST Moderator: market is weird
Ken-ST Moderator: not like other Septembers
Ken-ST Moderator: Activity is very much subdued
Ken-ST Moderator: Does it feel that way to you bear?
Ken-ST Moderator: Are there any questions?
bearrally has logged out
ak C u all tomorrow
ak has logged out
Ken-ST Moderator: ok See you all tomororw
Ken-ST Moderator: Take it easy all
Ken-ST Moderator is no longer a moderator
Ken-ST Moderator has logged out
Hunter : good nite all
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