9/28/05 Chat Session
jy: gm
hk: agp?
hk: cypb?
Todd-SOF Direct: gm everyone
James-ST Moderator: CYPB very nice......unfortunately under 10 bucks
hk: agp?
ak: easier to get to zero
James-ST Moderator: will add AGP ty ak
jy: james, IDXC is a buy-out play - GE $44/share.
Eagle: good morning all
James-ST Moderator: hey ngord, eagle
Njord: Gm all
James-ST Moderator: yes jy, ty, had it erased, but having server difficulties
hk: cant get quote on blud
jy: BLUD - couln't find symbol ?
jose: gm, everyone
hk: can't get blud quote
ak ?
James-ST Moderator: sorry, remove BLUD
James-ST Moderator: [b]adding ngas to type b[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]RIMM 71.76[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]RIMM 71.76[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]RIMM 71.76[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AGP 19.59[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AGP 19.59[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AGP 19.59[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]RIMM 71.76[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]RIMM 71.76[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]RIMM 71.76[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RHAT 19.96[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RHAT 19.96[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RHAT 19.96[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RHAT 19.96[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RHAT 19.96[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RHAT 19.96[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 19.63[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 19.63[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 19.63[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NGAS 14.58[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NGAS 14.58[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]NGAS 14.58[/b]
James-ST Moderator: NGAS CLOSE
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ABLE 12.26[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ABLE 12.26[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ABLE 12.26[/b]
James-ST Moderator: NGAS......tough of 5 ema, will look for consolidation for short trigger
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]RIMM[/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]RIMM[/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]RIMM[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]RHAT[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]RHAT[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]RHAT[/b]
jy Rhat
dennis has entered DayTrading Chat
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]NGAS 13.86[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]NGAS 13.86[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]NGAS 13.86[/b]
James-ST Moderator: hey dennis
dennis gm James, everyone
James-ST Moderator: RIMM.....[img id=em-9]
pvg6799 has entered DayTrading Chat
James-ST Moderator: gm pvg
pvg6799 gm
James-ST Moderator: RHAT new HOD
ak got @ 20.24
James-ST Moderator: exited?
ak got out
James-ST Moderator: very nice ak
James-ST Moderator: NGAS in the middle of the day's range........a trigger wither way is valid
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AGP 21.22[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AGP 21.22[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AGP 21.22[/b]
jy RIMM pos.
James-ST Moderator: One slight shake out
James-ST Moderator: NGAS close to LOD trigger
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ABLE 13.03[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ABLE 13.03[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ABLE 13.03[/b]
dennis has logged out
ak RIMM new LOd
James-ST Moderator: yes, hit profit........sorry about stop..........but HOD is valid stop.....unfortunately we were shaken out by pennies
James-ST Moderator: NGAS relatively close
Eagle James, RIMM
James-ST Moderator: ABLE close to HOD trigger
James-ST Moderator: yes eagle, we noted profit would have been, but we were stopped out at HOD
James-ST Moderator: did you stay in?
Eagle will I had my 2%
James-ST Moderator: Very nice eagle
James-ST Moderator: Feel free to bring up stocks of note...........
hk did we miss rimm lod?>
James-ST Moderator: hk, no.......we entered early and we were stopped out.......but again, we noted profit would have been hit
James-ST Moderator: [img id=em-2]
hk im talking about after it rallied again
hk then camne down
James-ST Moderator: It would have been a valid trigger, stop could have been set at the recent rally
James-ST Moderator: RHAT new HOD
James-ST Moderator: [img id=em-11]
James-ST Moderator: say it jy
James-ST Moderator: ABLE, AGP, NGAS are all in their range, triggers either way is valid
James-ST Moderator: Market rally from initial sell off........Market about Even
hk rimm getting rimmed
James-ST Moderator: did you play it hk?
James-ST Moderator: hk you are ahk?
hk no and yes
hk rimm job
James-ST Moderator: RHAT new HOD
ak RIMM new LOD
James-ST Moderator: [img id=em-11]
ak getting slamed
James-ST Moderator: One sec while i kick the water cooler
James-ST Moderator: Again apologize for the HOD stop.......but that is a resistance point......unfortunately it was taken out in a slight surge
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NGAS 14.58[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NGAS 14.58[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NGAS 14.58[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]NGAS 14.58[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]NGAS 14.11[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]NGAS 14.11[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]NGAS 14.11[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]NGAS 14.11[/b]
hk ngas head fake
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]NGAS [/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]NGAS [/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]NGAS [/b]
James-ST Moderator: yep.......just like the rimm shakeout
James-ST Moderator: RHAT new HOD
jy Rhat un-stoppable. exited to early. profit is profit.
James-ST Moderator: yep
ak James, the stop on RHAT was very handsome. very nice.
James-ST Moderator: We will short NGAS at LOD
James-ST Moderator: ty ak.....but not happy with RIMM or that bs NGAS......NGAS i am not even sure offer got up there....but it is booked
James-ST Moderator: Market testing the 50 ema on the 5 minute chart......stochastics are up.......note market is virutally flat
johnboy off to bed, breakeven for the day, but pretty good for after a nightshift.........better than a stick in the eye at least.......lol........see you all tomorrow and have a profitable day everyone
ally has entered DayTrading Chat
James-ST Moderator: [b]CANCEL ABLE SHORT LOD[/b]
James-ST Moderator: hey ally
johnboy has left the room
James-ST Moderator: ok jb good night
ally hey guys
James-ST Moderator: What are you holding ally?
James-ST Moderator: RHAT new HOD
ally james your first question is not about politics?? lol
ally VPHM
James-ST Moderator: lmao
James-ST Moderator: vn ally
ally just doing some swings for a while....too much to do around the house and i don't want to sit at the computer all day :0)
James-ST Moderator: ah good for you
ally got in AAPL this morn..hope it sticks with its usual...bounching off 20
ally bouncing
James-ST Moderator: yep, has shown that on daily chart for awhile now, nice uptrend
James-ST Moderator: Despite yesterday's decline, noted that it did not mean a thing to its overall trend
hk rimm freefall
James-ST Moderator: geeeeeeeeeeeeeeeeezus RIMM
hk got in again
hk :)
hk out!
James-ST Moderator: [img id=em-10]
ally NGAS wow...made some money on that yesterday but didn't hold...thought it had exhausted iteslf
hk rimm 1% per minute
hk lol
James-ST Moderator: yeah NGAS we have an unsure trigger....looks like a single trade may have triggered it
ak James what is a good support area for RIMM?
jy MOVI down again more than 1% to 10.15.
James-ST Moderator: About now ak.....it is entering congestion set up from Mid July to August
hk agp short...............................
James-ST Moderator: lol MOVI.....jy are you going to hold a short on it until bankruptcy?
ally dang...saw rhat in the news yesterday...forgot to pull up the chart and look at it...lol
James-ST Moderator: yes nice 3-4% runner?
James-ST Moderator: highlight of the day........
James-ST Moderator: Anyone got hurt by NGAS trigger?
jy MOVI - noboday si buying.
jose I did
jy bought some CRTX at 8.11 just exited at 8.47.
James-ST Moderator: sorry jose
James-ST Moderator: It appears bid got up there.....as always a trade is not valid unless the offer is there.......
jose no problem allocation is key when day trading.
James-ST Moderator: gj
ally ESRX may be a good day trade if it goes up from here
ally oops i was looking at STR chart
ally sorry
James-ST Moderator: yes quite a strong trend........darn NYSE
James-ST Moderator: though
ally i know...i hate them for daytrades
James-ST Moderator: Market appears to have bumped its head on the 50 ema, stochastics are back down......note though...we are still in a very tight range from Monday
jy GOOG moving up nicely so far.
James-ST Moderator: like aapl, getting back some of the losses from yesterday......
James-ST Moderator: Note on daily chart, still under 5 day ema
James-ST Moderator: Market threatening the LOD
James-ST Moderator: We played the Higher gappers for the day.......RHAT 21 million shares traded already [img id=em-5]
James-ST Moderator: RIMM 17 million[img id=em-5]
James-ST Moderator: [b]CANCEL FURTHER TRIGGERS, TURN TIME[/b]
ally A huge earthquake with a strength of 8.1 on the Richter scale hits
Mexico. Two million Mexicans have died and millions more are injured.
The country faces ruin & the world is shocked. Canada sends troops to
help the Mexican army control the riots. Saudi Arabia sends oil. Other
Latin American countries sends supplies. The European community (except
France) sends food and money. The United States, not to be outdone,
sends two million replacement Mexicans. "God Bless America."
ally lol...email from my dad
James-ST Moderator: Ok gang, RHAT a very ncie runner for us.......RIMM.....a sad 10 cent spike to stop us out......appears some you had looser stops or identified the downtrend and still managed some profit.........NGAS......just a terrible trigger
James-ST Moderator: lmao ally
James-ST Moderator: not pc
James-ST Moderator: Questions or comments gang?
James-ST Moderator: Stocks of note?
ally pc?
James-ST Moderator: Feel free to throw out your personal trades.......others may find them of note.
James-ST Moderator: pc = politically correct
James-ST Moderator: but still funny
ally lol
ally hey my favorite brother in law is mexican
ally love him to death
James-ST Moderator: market new lod
James-ST Moderator: Futures are at 1216.50....support at 1215......see how it holds out
James-ST Moderator: Very solid support at 1210.......
char has left the room
James-ST Moderator: Until any of those levels are broken we are still very much in a trading range, and i would consider daily action meaningless
jose Boricua
ally hmmm...what does that mean?
ally it's okay if you want to call me manes in spanish :)
jose from Puerto Rico, the land of JLO
James-ST Moderator: ah vn
James-ST Moderator: hot women in general
ally lol
jy MOVI below 10 at 9.98 wow
James-ST Moderator: ally, is polygamy common? accepted?
James-ST Moderator: the original BY and company had multiple wives, so in essence it is ok right ally?
ally lol...that's why we moved to a bigger house james
ally jk
James-ST Moderator: [img id=em-5]
James-ST Moderator: I think of my wife.......and multiply by two.......[img id=em-4]
ally lol
James-ST Moderator: Too me, i would think multiple wives would be some form of punishment.......[img id=em-5]
ally actually some in utah practice it but they are excomminuicated by the church
ally not allowed
James-ST Moderator: yeah i saw something on it........60 minutes or something
James-ST Moderator: I think they actually excommunicated all the other Mormons.......saying they were the pure LDS.
ally you know it is an interesting subject though...it was practiced for a short while and it was organized by the leaders...not just anyone could go do it...and not many did
ally lol james...sounds about right
James-ST Moderator: I am sure they had to have financial means and prestige
James-ST Moderator: Anyways.........
James-ST Moderator: onto stocks..........
hk ngas.......................
James-ST Moderator: Pull up a daily chart of WYNN...........
James-ST Moderator: NGAS at LOD is valid hk, we will avoid a lunch hour trigger
hk eat lunch later make money now
hk ))
James-ST Moderator: WYNN recent low is 42.31 set up by a reversal candle in Mid May
James-ST Moderator: Watch WYNN to see buyers come in at that level (support) or the selling continues
James-ST Moderator: 14.30 would be a very solid stop if you enter NGAS....taking out that extraneous candle......NGAS consolidated under that level......good resistance
James-ST Moderator: Taking 20 minute lunch here.........
ally jose has puerto rico been affected much by all the recent storms?
jose No at all, the storms were further north.
ally saw a meteorologist suggest that we may have another storm heading this way in early oct :0(
jose hopefully he's wrong.
ally yeah...i think the hurricane season goes into november, too...they were saying an average of 2-3 strong hurricanes per season...there have already been 5
jose ally, where's your loacation?
ally wichita, ks...only tornadoes here
ally lol
ally hk did you short NGAS?
ally VPHM new HOD
jy rimm new lod 68.77
ally holy cow jy...movi 9.62
ally sure wish i'd held it since i first shorted at 14.90...lol
ally actually not lol...i should be crying
ally gotta run guys...see ya
James-ST Moderator: wow, jy, so do you have a very long short position MOVI?
ally has left the room
James-ST Moderator: swingtrade short MOVI?
James-ST Moderator: Unbeleivable
James-ST Moderator: unbelievable
James-ST Moderator: RIMM new LOD
jjwolfe has logged out
James-ST Moderator: Market huge surge last 15 minutes
jy soor, james I setp away for a few mins. MOVI is still my ATM. just exited all position.
James-ST Moderator: ah, was hoping you were gonna hold until bankruptcy
James-ST Moderator: lol
James-ST Moderator: AGP would be a short trigger here
James-ST Moderator: NGAS ak......you hit profit?
hk yep
hk but i was a white knuckler
James-ST Moderator: ?
hk has logged out
jy RIMM buy programs have been turned on quick move up from lod
James-ST Moderator: probably, support noted in this area...July to August, buyers came in at these levels
jy AGP short trigger at 19.59 valid during lunch time ?
James-ST Moderator: no, but we did note it would have triggered......
jy I should hav eknown better. lol
James-ST Moderator: [img id=em-0]
kim has logged out
James-ST Moderator: Questions or comments?
ak Why we have less than half the usual crowd lately?
jy If RHAT makes new HOD at 20.96, will you long again or is it too extended ?
jy or wait until RHAT breaks $21 and long at 21.01 ?
jy james ??
ak I don't hear him snoaring
char hahaha
jy lak, what do you think on RIMM - my quations ?
ak RIMM is looking scary at these levels. I personnaly would stay off as this thing turns around quick. i ahev several bad experiences with this one.
James-ST Moderator: sorry, was in my ......
ak definitely not play the 1% game
James-ST Moderator: office
ak lol
jy sorry it's RHAT ?
James-ST Moderator: Yes......note RIMM support levels........stop at LOD would be less than 1% if you consider long.....low risk
kim has entered DayTrading Chat
ak RHAT should be a play. 26.01 is more conservative and higher probability trade
jy james, is RHAT too extended ? IF it makes new HOD at 20.96 for long ? or wait unitl 21.01 long ?
James-ST Moderator: RHAT surprisingly is not overbought ........market is on our side too.....
jy or RHAT is too extended for a long ?
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RHAT 20.96[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RHAT 20.96[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RHAT 20.96[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RHAT 20.96[/b]
jy are you sure, james ?
ak lol jy
James-ST Moderator: 20.70 STOP IF TRIGGERED
James-ST Moderator: market is threatening highs for the week.......
James-ST Moderator: Market new HOD
jy Looks like RHAT wants to make new HOD.
James-ST Moderator: Market will either find resistance here.....or we are going to see new highs
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RHAT 20.96[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RHAT 20.96[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RHAT 20.96[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 20.70[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 20.70[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 20.70[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 20.70[/b]
Alaska has entered DayTrading Chat
James-ST Moderator: RHAT unbeievable secondary
James-ST Moderator: HEY alASKA
James-ST Moderator: alaska
James-ST Moderator: ak, no clue....lot of people on vacation i think
Alaska Hi newbie here, just watching today
James-ST Moderator: I wonder if bearraly met Ken at Disneyland.......
James-ST Moderator: ok alaska......feel free to ask questions......light crowd today including moderator on vacation.......
James-ST Moderator: also, come in before the market opens tomorow.......most of our action occurs int he morning
James-ST Moderator: alaska, what part of alaska are you in?
Alaska Anchorage
James-ST Moderator: ah, been to Juneau area couple times for Salmon fishing
Alaska 4 hrs earlier here than EST
James-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]RIMM 69.87[/b]
James-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]RIMM 69.87[/b]
James-ST Moderator: [b]Watching for possible Type C Buy on[/b] [b]RIMM 69.87[/b]
James-ST Moderator: May not even trigger......but if it does stop will be 68.99
Alaska what's the target now for rhat long?
James-ST Moderator: 21.16 currently
James-ST Moderator: note our long trigger this morning.......using a trailing stop or secondary exit strategies, would still be in
James-ST Moderator: Rough day for us here........we had a RIMM short to open.......a small spike on it stopped us out.....
Alaska thanks
James-ST Moderator: NGAS......looks like just a one trade triggered us........
James-ST Moderator: rare but it happens
ahk has entered DayTrading Chat
James-ST Moderator: wb ahk
James-ST Moderator: Market new HOD.....stochastics still up
ahk sup?
James-ST Moderator: Market testing 50 day moving average on daily charts here
James-ST Moderator: Tomorrow will be interesting......Not only the end of week.......end of month.........and end of the quarter.....window dressing ?
Hunter : sndk hod ?
James-ST Moderator: nice hunter could work out
James-ST Moderator: Does not fit any strategies here though.
James-ST Moderator: Market new HOD
ally has entered DayTrading Chat
James-ST Moderator: hey ally wb
ally hey guys
Hunter : jy did you jump on jdsu this mornin ?
James-ST Moderator: alaska, we recomend that you keep a 5 minute candlestick chart open of the SPX, with slow stchastics, 5, 20, 1nd 50 ema overlays.
Eagle has logged out
James-ST Moderator: We use the SPX to monitor the current market conditions
Alaska got it, I use S&P E-mini futures, is that just as good?
James-ST Moderator: yep
James-ST Moderator: SPX is usually free for most platforms so we use those.......but futures are just as good
jy Hunter, no. didn't do JDSU today. waiting for it to settle a little.
jy Loks like a good long at lod 2.05 or 20.6.
Alaska you use FOUR overlays on the spx?
Hunter : probably a good idea, was goin to do a little scalpin this mornin but had to leave just got back
James-ST Moderator: Candlestick chart, so 5, 20, and 50 just to smooth it out
Alaska 5 or 10 min candles?
Hunter : I agree with 2.06 for a good entry
James-ST Moderator: 5 minute chart
Alaska THANKS
Hunter : if it ever comes back ! lol
James-ST Moderator: but for all of our stocks we recomend that a 1 and 5 minute chart be kept open for each
James-ST Moderator: jiminy crickets jy.........your ATM machine MOVI..........maybe it wants zero faster than you think
James-ST Moderator: jy, what are you going to do when MOVI goes bankrupt......you won't have your daily cash machine availabel anymore
jy go find another one like PFCB. lol
James-ST Moderator: [img id=em-3]
James-ST Moderator: ah jy......you may have seen RHAT much better........market defintiely on our side though
ally ENER
James-ST Moderator: Hopefully we have support by the 20 ema on 5 minute chart
James-ST Moderator: ah ally, had that on my watch list......
James-ST Moderator: were you long it it?
jy RIMM moving back up a little by a little. 69.87 TYPC C long.
ak RIMM close. Are we sure??
James-ST Moderator: 69.28 stop
ally yeah james...got in yesterday at 40.46
James-ST Moderator: vn ally
ally thx :0)
ahk has logged out
ak James if RIMM triggers and hits t no whatarget, Then you will be THE MAN no matter what everyone else says.
James-ST Moderator: lol
jy RHAT 3 ways to go - stay at current level, move up to exit or move down to stop. lol
ak god analysis jy. lol
James-ST Moderator: [img id=em-0]
ak good
ak James and that too a really handosme one.
James-ST Moderator: lol.......kinda like my response when people ask which way the market will go in a month......
Alaska What oscilator or Stoch and settings do you use on the 5 min candle charts?
James-ST Moderator: Slow stochastics (14,3)
ahk has entered DayTrading Chat
Alaska thx
James-ST Moderator: alaska, what is the weather like up there?
Alaska It's cloudy and 46 deg F
James-ST Moderator: [img id=em-5]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 20.87[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 20.87[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RHAT 20.87[/b]
James-ST Moderator: Keep in mind.....69.87 is a defined resistance level for RIMM.....trades beyond that would indicate which way RIMM wants.....
ak James show some muscle and lift RHAT
James-ST Moderator: [img id=em-4]
ak I see you are on it
ak keep it up
James-ST Moderator: Resistance level and our long trigger for RIMM held......
James-ST Moderator: for now
ak you are off the hook James
ak for now. lol
James-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]RHAT[/b]
James-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]RHAT[/b]
James-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]RHAT[/b]
jy RHAT exited
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]RHAT[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]RHAT[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]RHAT[/b]
jy james GJ.
James-ST Moderator: Market surge to new HOD new High for the week
jy RHAT amrket on our side
ak You're still THE MAN
jy RHAT 32M shares up over 28% wow
James-ST Moderator: RIMM still holding moving averages......Market at our backs.....we will enter if triggered
James-ST Moderator: Any personal trades out there?
James-ST Moderator: RHAT new HOD
Alaska I'm trying to decide when to get out of CPST, up 4% now today from entry.
jy Haven't seen a tech stock rally this much in a day % gain over 29%. If it's GOOG it'll be close to $100 gain.
James-ST Moderator: yes jy
James-ST Moderator: alaska.....
James-ST Moderator: hm
James-ST Moderator: daily chart is still bearish despite this up day.....seems to have rallied to the 50 day moving average
jy I might short RHAT before closing. thinking about it.
ak jy lol. I was just thinking of that myself
Alaska not planning to stay in it overnight, thanks (cpst)
James-ST Moderator: Needs to get above the 50 ema on the 5 minute chart to stay in uptrend
jy short RHAT and set tight stop for tomorrow.
James-ST Moderator: sure alaska, we can't recomend anything outsid eof our watch list.....only give what we see in charts
James-ST Moderator: and, always nice to hear personal trades
jy RIMM resistance seems to be holding. good didn't jump on long
James-ST Moderator: Had to go back June 2004 for trading at these levels for RHAT.........
ak RIMM seems to be going back in its original down trend
James-ST Moderator: RHAT is trading above the level the day before it collapsed in early July 2004......
James-ST Moderator: yep
James-ST Moderator: If you guys short RHAT......set stop at HOD......should be less than 1% risk at any pullback
jy ty - james.
jy RHAT more than 10 X daily average at over 32.5M shares. a lot of daytrading.
James-ST Moderator: yep.......there has not been much action for the last two weeks, i think everyone was craving a mover with heavy volume
jy RHAT had better than expected earnings announced last night.
James-ST Moderator: yep
James-ST Moderator: positive guidance
jy yep
jy RIMM is strange - makret new HOD sotkc goes down
James-ST Moderator: flight to quality from pos
James-ST Moderator: AGP lod is valid.......however lets hold off for now......i dont trust those NYSE stocks.....too much manipulation
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James-ST Moderator: Questions or comments gang?
James-ST Moderator: Anyone shorted AGP or NGAS earlier?
jy james, do you think it's a decent play to short RHAT set stop at hod 21.39 or 21.41 and hold it overnight froma risk reward persepctive ?
James-ST Moderator: hmmmm
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James-ST Moderator: qb alaska
James-ST Moderator: wb
James-ST Moderator: I just dont like how RHAT is trading above the levels it was before it plummetted in July 2004
James-ST Moderator: Reading into that......it says that buyers are willing to come in at those levels, and the shorts have gotten slaughtered
jy plus we hsould not short stock that made 52 week high, right ?
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jy may be some short covering to help RHAT ?
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James-ST Moderator: yes, going back over a year to find resistance may not hold much.....i am just not sure how much resistance is above it
James-ST Moderator: We may definitely get a pullback tomorrow.....but overall RHAT is now in a definite uptrend........it has totally smashed all recent resistance levels
jy 22.55 in July 2004.
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James-ST Moderator: Tough call jy......let us know what you do
Alaska2 CPST is going crazy to the upside too, but I'm out with about 5% today there.
jy i don't know. may just watch and then decide towards the closing for a small position.
James-ST Moderator: very nice alaska
James-ST Moderator: [b]Cancel RIMM Type C[/b]
James-ST Moderator: Definitely could work out......but market is quite overbought......ideal Type C would be working with the market
James-ST Moderator: RIMM TYPE C would be a trigger here......lets see if it gets to 70.57 target
jy RIMM would have triggered.
ak So, Why is the MKT up today?
James-ST Moderator: no idea....window dressing?
James-ST Moderator: End of Quarter tomorrow
jy james, yes. funds are window dressing.
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James-ST Moderator: Market surge to new HOD
ahk has logged out
Alaska3 internet trouble, keep getting logged out
James-ST Moderator: hehehh, np
ally wow ENER just keeps going....almost 9% today
James-ST Moderator: ally kick butt......how does dave like your trading?
ally lol...he likes it better than his :)
James-ST Moderator: hahahah
James-ST Moderator: very nice
ally still figuring things out though...don't feel great at it yet
James-ST Moderator: sounds like you are making though?
ally doing better than i was a month ago
ak CME made new 52 wk High
James-ST Moderator: Market stochastics heading down.....coming off of overbought levels, we note a break in current market trend........again.....it does not mean the market is going down, it could be going sideways ......
James-ST Moderator: Our Type A Yesterday......CME....very close to another break out
ally dave's trades today: short BBY down 2.5%, short YELL down 6%...short LCAV down 1% ...ouch :(
ally lol
James-ST Moderator: [img id=em-1]
James-ST Moderator: but ally's trade up 9% ENER
James-ST Moderator: [img id=em-10]
ally as long as mine do better than his we're OK
ally he wants to keep them for a while anyway...so hopefully they'll head the right direction soon...i think he's looking for another MOVI
jy ally, i think the market is not helping Dave.
ally yeah..but he still wants to be involved i guess, so i let him do his thing :0)
James-ST Moderator: yes ally, if he can make it past tomorrow's window dressing....who knows what will happen in the coming weeks
jy I agree. Next week will be interesting and earning season is coming so it'll be stock specific.
ally maybe i am a retard but what the heck is a window dressing?
James-ST Moderator: Window Dressing-
James-ST Moderator: analogy how you dress up your windows with curtains and flowers to make them nicer than they really are.....
James-ST Moderator: so......
jy you use some Microsoft software to put it in the slaad.
James-ST Moderator: At the end of every 3 months or the earnings quarters....
jy just idding.
ally lol guys
James-ST Moderator: March 31, June 30, September 30, December 31.....
James-ST Moderator: Fund Mnagers have to report quarterly results of their stocks......often you will see buying or an aritificial inflation of stock prices to make their portfolios appear better to shareholders
James-ST Moderator: Thus the term "Window Dressing" your Fund
James-ST Moderator: got it ally?
ally got it...still lots for me to learn :)
James-ST Moderator: This market ramped up heavily off its support level of 1215 that i noted this morning......but it has not taken out resistance levels to upside.....so despite this strong move we are still in a trading range......any moves in here are still meaningless.......but might as well be up so all the funds look good .........
James-ST Moderator: 1215 referring to S&P Futures
James-ST Moderator: AGP would be a short trigger here......man that stock got hammered
James-ST Moderator: ah that crap NYSE stock AGP would have easily hit profit
jy rimm
James-ST Moderator: That makes another trade that would have hit profit.........[img id=em-4]
ak What do you want me to say now James?
James-ST Moderator: Say, "Coulda been a nice Type C and Type B James"
ak James coulda been THE MAN
ak lol
James-ST Moderator: [img id=em-2]
Alaska3 Not sure why that was a whisper, is tomororw likely to be a big retracement/correction day?
James-ST Moderator: no idea.....no predicitions....will just react to whatever the marke tgives us for our daytrades
ally james just curious..what do you think of YELL on its daily...took out high of previous hump
James-ST Moderator: yes, some grounds for support can be found at this 41ish level from August last year.....looks like it is just about to come off of oversold levels.......
James-ST Moderator: If you go long......simply set a stop.....hmmmmm
James-ST Moderator: Looks like a reversal candle on daily......
James-ST Moderator: stop would be rather large though.......i would LOD previous candle.......
James-ST Moderator: you may need to adjust to your risk tolerance
James-ST Moderator: vn ally, you may have found a bottom for YELL
James-ST Moderator: Just watch how it moves when it hits the 20 and 50 day moving average.......if it struggles are fails to close above those levels......it would still be in a downtrend
James-ST Moderator: Market surging to a new HOD.......
ally yeah i saw that support last yr...sad thing is dave got in it short first thing this morning...not sure if he looked at its daily that far back :(
James-ST Moderator: Never know ally....daily is still in downtrend.......
James-ST Moderator: Until it breaks above those moving averages and stays above
ally he left no stop...my usual dilema...reading his mind...lol
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James-ST Moderator: hehehhe
James-ST Moderator: hey eric
ally yeah and that's why he got out of movi somewhere in the $12 area...so maybe he's just wanting to ride it out
James-ST Moderator: yep.....
ally til it shows sure signs
James-ST Moderator: steep declines.....you will see steep pullbacks......
James-ST Moderator: but the overall trend remains the same
ally yup...thx for your opinion james...glad i have a few others to make up for it...any day in the green is a good day
James-ST Moderator: yep
James-ST Moderator: Dow almost +100
James-ST Moderator: Wonder where bearrally is.....he and ken were suppose to meet near Disneyland somethime this week.....
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James-ST Moderator: Been to Disney World.....no Disney Land....
James-ST Moderator: hey eagle wb
James-ST Moderator: ally have you taken the kids to either yet?
ally nope...until now i thought they have been a bit young for it to be fun for all of us to make it worth the $$$...we usually go to worlds of fun in kansas city every year...kinda like 6 flags
James-ST Moderator: ah neat
James-ST Moderator: I have faint memories of Busch Gardens when i use to live in Virginia as a kid......
James-ST Moderator: eons ago
ally they love it...same sorta stuff, closer & cheaper. they are always ready to go home after one day
ally james that is in florida right?
James-ST Moderator: there are a couple i think......the one i went to was in Virginia i think
James-ST Moderator: heck...i was so young i dont know.....but i know it was not florida
James-ST Moderator: Williamsburg PA
James-ST Moderator: and there is one in Tampa
ally my family went to disneyworld when i was about 12...we drove from iowa...stopped at busch gardens...
James-ST Moderator: darn long drive
ally yeah maybe tampa is the one we went to...i just remember our stopping points were st louis, nashville, atlanta....yeah long drive with 7 girls
James-ST Moderator: [b]CANCEL FURTHER TRIGGERS[/b]
James-ST Moderator: [img id=em-5]
James-ST Moderator: Questions or comments gang?
James-ST Moderator: Stocks, perosnal insight to markets......
James-ST Moderator: Final 30 minutes so wrap up your trading
James-ST Moderator: Discipline and capital perservation.......profits will come
James-ST Moderator: preservation
Hunter : have a good evening everybody
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James-ST Moderator: ok hunter take care
ak RHAT new HOD
James-ST Moderator: RHAT new HOD
James-ST Moderator: RIMM excellent Type C bottom
James-ST Moderator: ty ak
ak sure James
James-ST Moderator: lol, you guys are getting good at setting all the alerts
jy good that didn't short RHAT wiht this market. migh short it at closing small postiion. too bad didn't long RIMM. wait until tomorrow.
James-ST Moderator: yep
James-ST Moderator: or even Monday if you want get past the window dressing
jy cu tomorrow james ty.
jy yes. tomorrow be selective.
James-ST Moderator: ok jy take care
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ally seeyall later
ally has left the room
char have a good night
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