Ken-ST Moderator: [b]Good Morning[/b] [b]James[b]

James-ST Moderator: gma

Eagle GM Ken and James

jjwolfe has entered DayTrading Chat

jjwolfe GM All

Ken-ST Moderator: [b]Good Morning[/b] [b]jjwolfe[b]

James-ST Moderator: hey wolfe

Todd-SOF Direct has entered DayTrading Chat

Hunter has left the room

Ken-ST Moderator: [b]Good Morning[/b] [b]Todd[b]

ak has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]ak[b]

ak gm all

char has entered DayTrading Chat

char hi gang

Ken-ST Moderator: [b]Good Morning[/b] [b]char[b]

kim has entered DayTrading Chat

char thanks for yesterday guys...nice day !

Ken-ST Moderator: [b]Good Morning[/b] [b]kim[b]

Ken-ST Moderator: right on char, good to hear

stuart has entered DayTrading Chat

kim hi Ken

Ken-ST Moderator: [b]Good Morning[/b] [b]stuart[b]

stuart gm all

Violet has entered DayTrading Chat

Violet gm

Ken-ST Moderator: [b]Good Morning[/b] [b]Violet[b]

ahk has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]ahk[b]

ahk sup peeps

ahk aeos

Ken-ST Moderator: rangers

abc has entered DayTrading Chat

ahk do you have have better luck with up or down gappers and why?

Ken-ST Moderator: [b]Good Morning[/b] [b]abc[b]

James-ST Moderator: gm all

James-ST Moderator: ahk, same success for either.

ahk really?  seems like the down gappers work out better

Ken-ST Moderator: perhaps lately, since the overall market is in a dowtnrend

ahk and stocks tend to go down faster than up in general right?

Ken-ST Moderator: fear is a strong force

ahk so is fart

Ken-ST Moderator: but you also have short squeezes that produces fear

Ken-ST Moderator: It all depends where you are in a trend

ahk usey lol

James-ST Moderator: i can't wait til Greenspan retires.....i hope someone young takes his place.  someone who goes up there and says something like, "Economy looks like it is doing well.  We will raise the by 1/4 point."

kim amen James

James-ST Moderator: [img id=em-8]

ahk ICOS

Ken-ST Moderator: true that James

Ken-ST Moderator: ICOS gapping in range

pvg6799 has entered DayTrading Chat

James-ST Moderator: hey pvg

Ken-ST Moderator: [b]Good Morning[/b] [b]pvg[b]

pvg6799 gm

Ken-ST Moderator: Lets do the market assessment:

ahk sndk?

Ken-ST Moderator: Daily chart: below the 5 day EMA, stochastics are down

Ken-ST Moderator: Hourly chart:  downtrend with 20 ema below the 50 ema

Ken-ST Moderator: 5 Min chart:  downtrend with 20 ema below the 50 ema

Ken-ST Moderator: Overall there is a downtrending bias to the market

Ken-ST Moderator: Futures are currently down a little over a point.  It is still in the P/D range

Ken-ST Moderator: SNDK still in recent congestioin

ahk hdi?

Hunter has entered DayTrading Chat

James-ST Moderator: hey hunter

jdub has entered DayTrading Chat

James-ST Moderator: hey jdub

Ken-ST Moderator: [b]Good Morning[/b] [b]hunter, jdub[b]

jdub morning

Hunter : gm guys

Ken-ST Moderator: we can add HID

Ken-ST Moderator: HDI

Ken-ST Moderator: nice ty

ahk I'm at your service

James-ST Moderator: [img id=em-5]

ahk a humble man trying to help

Hunter : hey Todd no short shares for play, could you check please ? thx

Ken-ST Moderator: adding ORLY

nysteve has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]steve[b]

char has logged out

James-ST Moderator: hey steve

nysteve gm guys

jy has entered DayTrading Chat

James-ST Moderator: hey jy

Ken-ST Moderator: [b]Good Morning[/b] [b]jy[b]

jy gm

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AMHC 36.98[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AMHC 36.98[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AMHC 36.98[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PLAY 25.09[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PLAY 25.09[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PLAY 25.09[/b]

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]HOV 45.99[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]HOV 45.99[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]HOV 45.99[/b]

ahk spread massive

ahk pass

Ken-ST Moderator: Yeah its NYSE stock

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AAPL 47.86[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AAPL 47.86[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AAPL 47.86[/b]

alex has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]alex[b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]HOV[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]HOV[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]HOV[/b]

Ken-ST Moderator: Careful gang,

Ken-ST Moderator: this market is at a pivotal point

Ken-ST Moderator: tight range near the bottom of recent support area

joe has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]joe[b]

James-ST Moderator: hey joe

joe Good Morning ken

Ken-ST Moderator Update!

James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]HOV BREAKEVEN[/b]

James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]HOV BREAKEVEN[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]HOV Breakeven[/b]

James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]HOV BREAKEVEN[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]HOV Breakeven[/b]

alex good morning all

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]HOV Breakeven[/b]

Ken-ST Moderator: Stochastics are up

Ken-ST Moderator: wow, DNA gave it all up

James-ST Moderator: Market currently trading slightly above the 50 ema on the 5 minute chart of the SPX, stochastics are up.

ahk wrong way on aapl

Ken-ST Moderator: Testing the 5 EMA area now

ayala has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]ayala[b]

James-ST Moderator: hey ayala

ayala good morning

ahk aapl smokin

ahk rfx RIP

Ken-ST Moderator: getting ripped a new one

ahk bunch of crroks

ahk crooks

Ken-ST Moderator: AAPL testing its 5 ema area, waiting for a pullback/consolidation period

char has entered DayTrading Chat

Ken-ST Moderator: Watching for a rally/consolidation period on HDI

Ken-ST Moderator: wb char

char ty

Ken-ST Moderator: having comp problems lately?

char yup the geek squad is here to fix

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PLAY[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PLAY[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PLAY[/b]

James-ST Moderator: lol cahr

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PLAY 26.37[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PLAY 26.37[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PLAY 26.37[/b]

Ken-ST Moderator: price would help

Ken-ST Moderator: lol, is that the company name?

Ken-ST Moderator Update!

char Yea  They are owned by Best Buy

Ken-ST Moderator: Attention:  IRF is nearly hitting our target price from yesterdays Type C play.

Ken-ST Moderator: damn you IRF

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AAPL 49.67[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AAPL 49.67[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AAPL 49.67[/b]

Ken-ST Moderator: Man, how is that breakdown on KOSP

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]AAPL 49.67[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]AAPL 49.67[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]AAPL 49.67[/b]

alex has logged out

Ken-ST Moderator: There was an ideal entry on that short today at 61.21

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 48.97[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 48.97[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 48.97[/b]

Ken-ST Moderator: Market still in overall downtrend gang

Ken-ST Moderator: Market has not broken any sort of trend yet

Ken-ST Moderator: intraday the momentum is currently up wtih prices above the 5 ema and stoch up

ahk RFX headed to the depths of hell

James-ST Moderator: AAPL's sales of IPOD was unbelievable......unfortunately, the market thinks it was not unbelievable enough

ahk apl sluggish

ahk maybe raise stop?

James-ST Moderator: best stupport level right now ahk

James-ST Moderator: support

ahk like stupport better

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 49.14[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 49.14[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 49.14[/b]

Ken-ST Moderator: Keeping an eye on FAST

James-ST Moderator: Market is losing steam

Ken-ST Moderator: Maybe OSIP and MOVI are going to that same place as RFX

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ORLY 25.74[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ORLY 25.74[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ORLY 25.74[/b]

James-ST Moderator: geez MOVI jy......still looks like it wants zero

James-ST Moderator: GOOG continuing its slide noted yesterday after closing below the 20 day moving average for the first time in ages

alex has entered DayTrading Chat

Ken-ST Moderator: wb

Ken-ST Moderator: ORLY is close

Ken-ST Moderator: PLAY is close as well

James-ST Moderator: Initial market rally has fizzled, we are very near to critical support levels for the market

Ken-ST Moderator: AAPL new hod

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PLAY 26.37[/b]

jy HOV made profit

James-ST Moderator: [img id=em-6]

Ken-ST Moderator: We are fighting the overall market trend gang

Ken-ST Moderator: scale out on AAPL on strength

alex has logged out

Ken-ST Moderator: We will likely play a tight stop

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 49.37[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 49.37[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 49.37[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]AAPL [/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]AAPL [/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]AAPL [/b]

James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]AAPL [/b]

Ken-ST Moderator: Dont risk a dime on AAPL gang

James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]AAPL [/b]

James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]AAPL [/b]

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

jy GJ on AAPL ty

Ken-ST Moderator Buy!

James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PLAY 26.37[/b]

James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PLAY 26.37[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PLAY 26.37[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PLAY 26.37[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PLAY 26.37[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PLAY 26.37[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PLAY 26.37[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]PLAY 26.37[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PLAY 25.99[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PLAY 25.99[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PLAY 25.99[/b]

stuart I can say that without you guys I would have lost big on AAPL.  Instead I can't believe I turned a profit.

stuart tyvm

Ken-ST Moderator: ah cool stuart.  gj

Ken-ST Moderator: Stick to the trade plan.

Ken-ST Moderator: AAPL was a good example of how important stops area

Ken-ST Moderator: are

James-ST Moderator: GJ STU

Ken-ST Moderator: It can make or break a good strategy.

James-ST Moderator: Market showing weakness......AAPL showing some strength.....

Ken-ST Moderator: Stupid Ameritrade commercial

James-ST Moderator: I don't think i would use a sweaty guy running a marathon use my computer

James-ST Moderator: let

Ken-ST Moderator: Not only that....but that is probably a sure fire way to lose all your money

James-ST Moderator: Noted support levels on the market holding so far

Ken-ST Moderator: Gang, play it tight and conservative on PLAY

Ken-ST Moderator: this market has no strength

Ken-ST Moderator: I am watching the 20 EMA closely

Ken-ST Moderator: we backed off of it just now

alex has entered DayTrading Chat

Ken-ST Moderator: wb

Ken-ST Moderator: Market new LOD

Ken-ST Moderator: Futures lows the last week  1185.75

Ken-ST Moderator: Futures currently at 1186.25

Ken-ST Moderator: Right at it now

James-ST Moderator: Market breaking support

Ken-ST Moderator: ok we took that out

James-ST Moderator: SPX support levels noted yesterday are broken

James-ST Moderator: As always, keep your 5 minute chart of the SPX open.......will give you  a visual of the market

steve has entered DayTrading Chat

steve hi guys, will check in when i get a chance, but travelling mostly

Ken-ST Moderator: mornin steve

James-ST Moderator: hey steve

James-ST Moderator: where are you at now?

Ken-ST Moderator: ah cool, nice of you to drop by

steve colorado

Ken-ST Moderator: Nice

Ken-ST Moderator: vacation?

steve snowed here yesterday

bearrally has entered DayTrading Chat

steve colorado is my U.S. home but usually in asia. just here to have a baby.

Ken-ST Moderator: mornin Bear

James-ST Moderator: hey bear

James-ST Moderator: vn steve

bearrally what is going guys

Ken-ST Moderator Update!

Ken-ST Moderator: Cancel all Type B alerts

Ken-ST Moderator: SHLD new LOD

Ken-ST Moderator: Bear you must be smiling

steve Bear, you retiring yet?

James-ST Moderator: yeah bear.....must be happy eh?

bearrally steve, when i make as much as Ken and James, i will retire

James-ST Moderator: [img id=em-5]

Ken-ST Moderator: lmao

steve hey, why did you guys cover HOV? :)

Ken-ST Moderator: On swing trades?

jy ken/james, please check out swingtrade - GPRO. it's all over the place ? any insight ?

James-ST Moderator: Market new LOD

Ken-ST Moderator: looks ok jy

James-ST Moderator: Questions or comments gang?

jy really ?

Ken-ST Moderator: yup, still in trend

Ken-ST Moderator: under all EMAs

Ken-ST Moderator: EMAs are also in downtrend

jjwolfe has logged out

bearrally goog is holding support

Ken-ST Moderator: Market surge above the 5 EMA

Ken-ST Moderator: Watching stochastics closely for any change in trend

Ken-ST Moderator: it is nearly breaking its downtrend

Eagle has logged out

bearrally WASHINGTON (MarketWatch) -- U.S. households that heat with natural gas can expect to see their fuel bills rise by 48% this winter, according the Energy Department's annual winter fuels outlook released Wednesday.

James-ST Moderator: ty bear

Ken-ST Moderator: Can anyone say stagflation?

char has logged out

Ken-ST Moderator: Although rising natural gas does not create inflation

Ken-ST Moderator: but high oil prices do

bearrally new vocabulary ken?

abc has logged out

Ken-ST Moderator: any word that has more than 5 letters is pretty foreign to me

James-ST Moderator: hey abc

Ken-ST Moderator: I couldnt understand why people were not bringing up Stagflation back a few months ago

bearrally just about a year ago, talking heads were saying we will never see inflation again

bearrally now we got all the inflation worries?

James-ST Moderator: yep.....wierd

Todd-SOF Direct Yes, I think the fed is in a box.

Ken-ST Moderator: yeah but its not demand driven inflation

Ken-ST Moderator: do a comparision of the historical price of the market compared to oil prices

Ken-ST Moderator: you will see what ultimately affects the market

Eagle has entered DayTrading Chat

Ken-ST Moderator: wb

Ken-ST Moderator: [b]Intraday Trend is Sideways to Up[/b]

jdub has left the room

Ken-ST Moderator: wow, AAPL new hod

Ken-ST Moderator: hmmm

Ken-ST Moderator: everywhere I go everyone has an IPOD

Ken-ST Moderator: just like that guy on the Ameritrade commercial

Ken-ST Moderator: perhaps I should buy stock in AAPL

Ken-ST Moderator: or maybe I should only look in the rear view mirror when I'm driving....yeah thats a good idea

steve has logged out

Ken-ST Moderator: Scanning for Type C setups

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]PLAY [/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]PLAY [/b]

Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]PLAY [/b]

Ken-ST Moderator: Would love to see Play at a new hod

James-ST Moderator: bear....what is scary is that the Fed estimated that 7% of US GDP last year can be attributed to money coming from home equity loans / loans against real property.....being in the mortgage real estate industry you must see that?

bearrally James, it has been like that for a few years now James.

James-ST Moderator: aren't they essentially saying that US growth is all because of loans on high valued real estate?

bearrally yup

bearrally more of US growth with debts

James-ST Moderator: yes......but it was the first time the Fed placed a quantifiable figure to the effect of home loans......and expressed caution

Ken-ST Moderator: Bear, being in the biz, how much would real estate property have to go down before Loans current H/E loans would be affected

bearrally james, those are most of the new benz, beamer on the road

bearrally lol

bearrally for the whole economy, about 20% and above

jy play close to profit

bearrally but even with 10%, alot of these zero down, interest only, non-qualify people will give the economy a dink

bearrally i am pricing out of 2 states that i am really worry about, they are ohio and nevada

bearrally arizona is on my monitor state

bearrally california, washington, & oregon still look good

James-ST Moderator: cali?

bearrally believe it or not California is still stable

James-ST Moderator: wow

bearrally florida is a good state to invest in real estate, still

Ken-ST Moderator: Must be due to foriegn influx

Ken-ST Moderator: dang jy, how did PLAY not hit target

bearrally big money still like living the california style

bearrally lol

Ken-ST Moderator: hope some of you took some off the table

Ken-ST Moderator: selling to that strength

bearrally there are about 6 billions dollar still sitting in cash in san gabriel valley

bearrally somebody sell off goog please

Ken-ST Moderator: Note the resistance at the 20 EmA

Ken-ST Moderator: EMA

Ken-ST Moderator: on the 5 min market

bearrally todd, what are you going to do with all that money?

Todd-SOF Direct Haha Bear. Saving for rainy day for now.

Todd-SOF Direct How about you?

bearrally still broke Todd

bearrally cme and goog finally going my way

bearrally let see how they work out

bearrally shld got another 16-26 bucks before i close the position

Ken-ST Moderator: Saving for rainy day = Liposuction, Lipsculpture, Teeth Whitening

Todd-SOF Direct Lol Ken. Can you get me a discount on those?

James-ST Moderator: Market new LOD

char has entered DayTrading Chat

Ken-ST Moderator: wb char

char ty

Ken-ST Moderator: Todd, you should be happy if they charge you regular price

Ken-ST Moderator: Market new LOD

Ken-ST Moderator: Note, we are in the lunch period gang

Todd-SOF Direct Haha.

bearrally goog lod

bearrally cme is getting there

bearrally where are all the sellers when you need a push

Ken-ST Moderator Update!

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]PLAY Breakeven[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]PLAY Breakeven[/b]

Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]PLAY Breakeven[/b]

Ken-ST Moderator: that was a heart breaker

Ken-ST Moderator: but it was a hard struggle fighting this market

bearrally see you all later

bearrally has logged out

James-ST Moderator: Hottie alert

James-ST Moderator: CNBC

Ken-ST Moderator: yum

James-ST Moderator: Market continuing to make new LODs since breaking that important support level noted

Ken-ST Moderator: as always we look at these Lunch hour breakdowns cautiously

Ken-ST Moderator: any questions?

Ken-ST Moderator: [b]Intraday Trend is Sideways to Up[/b]

Eagle has logged out

Ken-ST Moderator: are there any questions?

Ken-ST Moderator: Market testing the 20 ema area now

James-ST Moderator: PLAY new HOD

ahk ouch

ahk grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

ahk moral of story: stick with system

ahk and its a runner to add insult to injury

James-ST Moderator: [img id=em-9]

James-ST Moderator: Notable stocks reporting earnings after the bell:

James-ST Moderator: none

jy HOV, PLAY could have been a 3% day with runners. humm................too bad.

ahk hov was tough to short

ahk huge spread no vol

ahk Plus J's father is the specialist

James-ST Moderator: yeah that bastard

Ken-ST Moderator: lol

Eagle has entered DayTrading Chat

ahk play is RIPPING

ahk sob

ahk J&T will give everyone a free month as compensation

ahk K

ahk not T

James-ST Moderator: [img id=em-5]

Ken-ST Moderator: geez, I'd be afraid to ask what we would have to give after a losing trade

ahk total refund!

ahk plus interest

nysteve how bout 2,3 1%ers this pm

Ken-ST Moderator: I'm glad you all don't ask for much

ahk I am a reasonable, humble creature

ahk this system performs better than most discretionary traders

ahk in spite of the moderators

James-ST Moderator: [img id=em-0]

ahk ...............................alcohol problem...........................

James-ST Moderator: probably right

ayala has logged out

Ken-ST Moderator: lol

ayala has entered DayTrading Chat

ahk Can I make a public service announcement?

Ken-ST Moderator: wb

ayala ty

Eagle has logged out

Ken-ST Moderator: stochastcis still in uptrend

bearrally has entered DayTrading Chat

ahk throwing good $ after bad

James-ST Moderator: wb

ahk http://biz.yahoo.com/ap/051012/gm_kerkorian.html?.v=2

kim has logged out

Ken-ST Moderator: lol ahk

ahk Ken, my fav show is now Bing-n-Bong

Ken-ST Moderator: KIds show?

Ken-ST Moderator: I haven't seen that one

ahk great from the UK

ahk on PBS

Ken-ST Moderator: I'll check it out

Ken-ST Moderator: anything is better than Doodle Bops

Ken-ST Moderator: man are they freaky to me

Ken-ST Moderator: Have you seen My Name is Earl yet?

ahk no, I live in NY, not appalachia

ahk we dont get your local channels

Ken-ST Moderator: lol

Ken-ST Moderator: Its on CBC i believe

Ken-ST Moderator: CBS

Ken-ST Moderator: Market surging past the 20 EMA

ahk I'll ask my 2 yo

Ken-ST Moderator: its a regular show, not kids

Ken-ST Moderator: sorta take the place of ED

ahk isit better to place nyse trades through arca?

Ken-ST Moderator: imo yes

James-ST Moderator: AAPL, almostley completely filled gap

ahk K why is it better?

Ken-ST Moderator: usually faster

Ken-ST Moderator: it will search within PSE or other arca orders

Ken-ST Moderator: if its there then its filled immediately

ahk I find short selling nyse a nightmare

ahk going long ok

Ken-ST Moderator: yes because on NYSE you cant hit an short on uptick

Ken-ST Moderator: which is what i dont understand

Ken-ST Moderator: you have to offer your shares out

ahk really?

ahk lol thats ludicrous

Ken-ST Moderator: yes, have you noticed that you cant hit an uptick with them

Ken-ST Moderator: your order sits at the offer until someone buys it

ahk yes, i thought their systme screwed me

Ken-ST Moderator: unless its arca, then I think you can still short within its route on a downtick

Ken-ST Moderator: i have to run out for a sec

bearrally this market is weird

Ken-ST Moderator: Ill be right back

bearrally suppose to be a good trading month

James-ST Moderator: Market currently testing the 50 em on the 5 minute chart, stochastics are up.......agarin we have seen it test the 50 ema and fail for the past 7 trading days

James-ST Moderator: Volume and action is definitely improving bear

James-ST Moderator: Market appears to once again bounced its head on the 50 ema, stochastics are down

ahk fast close

James-ST Moderator: could work out......no long trigger.....fighting a downtrending market......and FAST is overbought

ahk define overbouhgt

James-ST Moderator: stochastics above the 80 line

Alaska has entered DayTrading Chat

Alaska Hi all

James-ST Moderator: hey bud

ahk sup

James-ST Moderator: no triggers off hand.....alaska

ahk J where is support on fast

Alaska My account is still waiting for the funds from my former broker anyway, so I can't trade anyway.

James-ST Moderator: one sec ahk.....i am having a feed problem

ahk time to pay the electric bill my friend

James-ST Moderator: lol

James-ST Moderator: ok ahk got it....we just broke resistance slightly on FAST......would not trust this first breakout

ahk where is next resistance

ahk and support

James-ST Moderator: Upside?  None, all time highs

ahk :)

James-ST Moderator: Downside?  LOD is often resistance

ahk 61????????

James-ST Moderator: But again.....will not play a break out....Market is sliding quite a bit here.......stochastics are back down

ahk all air between high and low?

jy AAPL unviels IPOD with video

James-ST Moderator: No....like you know, once a stock has defined its range.......just range trading

James-ST Moderator: yep jy, everyone excited to hear about it

James-ST Moderator: Does not appear enough to offset the stellar earnings dissappointment

ahk if the market was strong and fast was making a HOD, what would be the theoretcial stop

James-ST Moderator: 65.51 is nice

ahk play, round trip

ahk "nice"

ahk not "pretty"

James-ST Moderator: "solid"?

ahk like a rock

ahk lol

ahk I predict fast makes a run for it

ahk however, my predictions are never right

James-ST Moderator: [img id=em-5]

ahk :(

ahk brutal market

ahk october sux

James-ST Moderator: whoah, GOOG new LOD...took a quick slide when my feed went off

ahk its all your fault then

jy AAPL 76M shares traded so far.

James-ST Moderator: I like the moves...at least the market is moving somewhere as opposed to the last few months of zero market activity

James-ST Moderator: and.....earnings season is upon us

ahk yes and many gaps will arrive

ahk hows the chart on IPWG

James-ST Moderator: hehehe dollar stock

ahk BT yesterday 1.16

James-ST Moderator: good i guess.....wouldn't exactly chase it though......

James-ST Moderator: ah very nice ahk,.....see sometimes you are right

ahk promoter says going to 9

ahk by year end

ahk LOL

James-ST Moderator: key word......"promotoer".......why not say 100

ahk hes conservative

ahk if it gets to 2.25 im outy

bearrally cme,goog, shld

Ken-ST Moderator: back

bearrally wb

James-ST Moderator: smiling ear to ear eh bear?  and dont you have puts on the market?

Ken-ST Moderator: ty

Ken-ST Moderator: [b]Intraday Trend is Sideways to Down[/b]

bearrally just the dow for now james

bearrally not much

James-ST Moderator: good enough i would guess

Ken-ST Moderator: bear just by waking up this morning you became more handsome

James-ST Moderator: lmao

Ken-ST Moderator: GOOG, SHLD, CME bringing it home for ya today

James-ST Moderator: [img id=em-6]

Ken-ST Moderator: market still in the sideways trading range from lunch

Ken-ST Moderator: PIXR making a move

bearrally breaking even on goog, shld up 30 points, & 3 points for goog

Ken-ST Moderator: check out its daily chart

Ken-ST Moderator: you will see the short term trend using its 5 day EMA

Ken-ST Moderator: as support

bearrally breaking even on cme

Ken-ST Moderator: well looking more handsome than yesterday

jy take a look at HOV chart from 1 p.m. to now. up from 45 to 46.5 in 30 mins. then came back down. strange. ??

Ken-ST Moderator: sure is

jy any insight inot why, ken and james on HOV ?

James-ST Moderator: NYSE for one.......those mechanics are tinkering around........

jy yes. most likely.

Ken-ST Moderator: buy program on the stock perhaps

jy now sell programs on all stocks

Ken-ST Moderator: market approaching the lod

bearrally jy, it's about time

bearrally Todd and I have been waiting since january

bearrally lol

Todd-SOF Direct Haha. yes

jy you and Todd are the most handsome. TOdd siad he boutght some QQQQ put leap. He must be making good profti.

jy hey Todaa. How's your QQQQ put doing ?

Todd-SOF Direct Not bad so far JY. Ty

Todd-SOF Direct can't buy a new house like bear yet though.

Todd-SOF Direct maybe a new tent

jy great. beer on you.

James-ST Moderator: Market new LOD

Todd-SOF Direct sure. put it on my tab.

jy ty

jy hey james, did I give you the passowrd to my ATM today ?

jy 4%

James-ST Moderator: yeah i was looking at it today......you shorted it?  MOVI?

jy yes.

jy you told me yesterday not to long the stock. so I shorted it.

James-ST Moderator: vn

Ken-ST Moderator: thats nice jy

jy I listen to you.

jy just exited.

James-ST Moderator: well......it is all you.....all i really said is i sure as heck would not want to be long on it

Todd-SOF Direct congrats jy. you can buy your own drink then.

jy ty. just a little profit. I shorted that stock when it's at 25.11. I exited too early with 10% profit. WHo knew !!

jy GOOG may break the 300 mark

Ken-ST Moderator: CME new lod

bearrally why is rimm going up?

Ken-ST Moderator: I was wondering the same thing this am.

jy Walt Disney Co. (DIS) and Apple Computer (AAPL) said Wednesday that they've reached an agreement under which ABC and Disney Channel television shows will be available for download from iTunes for $1.99 per episode

jy Downloadable ABC programs include two of the network's breakout hits from last season, "Desperate Housewives" and "Lost," along with the new series "Night Stalker." The Disney Channel shows are "That's So Raven" and "The Suite Life of Zack & Cody." Current season episodes of "Housewives" and "Lost" will be available the day after they are broadcast, and episodes from the complete first seasons of those shows will be available immediately

James-ST Moderator: ty jy

pvg6799 has logged out

jy ken/james, do you think GPRO will ever break down ? Whenever it dropped to 41.8 level, it bounced back to over 42. very strange or there are buyers around at the 41.80 level ??

jy It just happened again

Ken-ST Moderator: Still in trend

Ken-ST Moderator: tomorrow may be another story

jy ken, why tomorrow may be another story ?

jy it's a wing trade - if the chart is not in our favor may be we should set a tighter stop ? or I can exit today ?

Ken-ST Moderator: If it doesn't happen today, then perhaps tomorrow it will continue

Ken-ST Moderator: Sorry I didn't mean to imply something with that

jy it will continue the down trend ?

James-ST Moderator: GOOG right at all important 300 level

James-ST Moderator: New LOD

jy the daily chart is in our favor.

Ken-ST Moderator: It will continue until the trend is broken

Ken-ST Moderator: Right now all trends are still in our favor

bearrally can't get my eyes off of it

James-ST Moderator: The battle for 300

jy bear, you're in GPRO ?

jy GOOG

jy 14 pennies again.

kim has entered DayTrading Chat

bearrally jy, i am not

jy away

jy GOOG broke 300

bearrally there it go

bearrally goes

jy now bear is very handsome

bearrally didnt last too long

bearrally lol

bearrally todd is so quiet

bearrally he is dreaming what he is going to do with all that cash

bearrally lol.

Ken-ST Moderator: He's quickly trying to calculate how many Botox sessions he can afford now.

Todd-SOF Direct Lol. Im paying off my credit cards so I don't have to worry about the minimums.

Ken-ST Moderator: lmao

Ken-ST Moderator: did they unexpectedly double them on ya?

Todd-SOF Direct im waiting. hehe

jy any guess -GOOD close above or below 300 ?

Ken-ST Moderator: I say above

jy o.k. james and todd ?

Todd-SOF Direct As much as I hate to agree with Ken, I say above.

bearrally same here

Alaska but tomorrow?  Seems in a downtrend with the market.

jy o.k.

Ken-ST Moderator: I'll have a better prediction at 3:59

bearrally lol

bearrally not worry much about goog, but more concern on cme

Ken-ST Moderator: I say CME close above 300 as well

Alaska technically, doesn't the chart show a trend down  today with lower lows and lower highs since 2pm?

Ken-ST Moderator: sure does

Ken-ST Moderator: all you have to do is look at the 20 EMA relative to the 50 EMA

Ken-ST Moderator: You will also note the smooth downtrend under the 20 EMA

Ken-ST Moderator: Its a great MA to monitor in good trends

Ken-ST Moderator: Just look at the intraday 5 min market

James-ST Moderator: yep.....but GOOG in particular.....looking at daily it is right at 50 day ema....and psychological number 300...although we broke it, you may seem some bounces around here......

Ken-ST Moderator: today

bearrally once of these day i am going to die infront of the monitor

bearrally lol

Ken-ST Moderator: lmao

Ken-ST Moderator: man, why would anyone commit fraud by cooking books

Ken-ST Moderator: There is so much scrutiny going on especially after all the Enron and WCOM fiascos

Ken-ST Moderator: [b]Intraday Trend is Sideways to Up[/b]

bearrally Ken, do you really believe that?

James-ST Moderator: Not much activity for us today gang.......but we will not force trades

Ken-ST Moderator: It is just

Ken-ST Moderator: Cant dispute

Ken-ST Moderator: it just is

bearrally do you know what kind of scams you can do here

bearrally and there are loopholes all over the place for you to get away

Ken-ST Moderator: very simple

bearrally if someone loan enron money for 2 weeks, it is still a 40 billions corp today

bearrally they just take the money and run

bearrally let the tax payers, and the shareholders hold the bag

bearrally last i heard ken lay still have his 11 million condo, yatch, home in aspen

bearrally ethics are out of style now aday

Todd-SOF Direct sad but true

Ken-ST Moderator: brb

bearrally if ken lay was in china, he would have been executed and all his assets disburst to shareholder

James-ST Moderator: [img id=em-5]

James-ST Moderator: seeing the lives of his employees whom have devastated retirement accounts.......thousands of them after 30+ years of service.......that might be approriate

James-ST Moderator: they essentially gave their lives for nothing

char Have a good night guys..see ya in the am !

char has left the room

jy james, mOVI i sbelow $8 at 7.95. the earnings is est. at $1.4. 5.7X P/E.

James-ST Moderator: when is earnings?

ak has logged out

jy I'm not sure. yesterday they said same store sales dropped 9%

ahk fast...............................

James-ST Moderator: at this point whateve number they report will not matter imo......their shareholders are only concerned about their outlook....they can beat earnings but say they are still losing market and that stock will be in trouble

ahk slow.........................................

James-ST Moderator: hey ahk, nice play in a market that went down so much

bearrally has logged out

jy i agree

James-ST Moderator: could be only stock out there up today ahk, lol

jy HDI is up

ahk IPWG is up too

ahk tough day to make a buck

alex has logged out

ahk If it wasn't for the the remarkable commentary by our beloved Moderators, the day would have been a complete bore.  Kudos to both J&K.

James-ST Moderator: [img id=em-6]

ahk on that note..........................cyaz2 ma yo

ahk has logged out

James-ST Moderator: ok ahk take care

joe has logged out

James-ST Moderator: Questions or comments?  About to call it a day here......

James-ST Moderator: [b]CANCEL ALL TRIGGERS FINAL 30 MINUTES[/b]

jy ty guys. cu tomorrow. hope for a better day.

jy has left the room

James-ST Moderator: ok jy

ayala has logged out

kim take care James

James-ST Moderator: ok kim

James-ST Moderator: you too

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nysteve nice nite all

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