Legal Info | Contact Us

 

swingdaytradingeducationbroker


LOGIN
DEMO
TIPS & TRICKS
JOIN NOW!
   Support
   Contacts
   About Us
   Site map
   Affiliate Program
   Links



 

 

 

Our Strategies

The Power of 2% Chat Transcripts


10/31/05 Chat Session

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

john3:16 morning

char has entered DayTrading Chat

char gm all

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

jjwolfe has entered DayTrading Chat

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

James-ST Moderator: gm john, char, wolfe

jjwolfe GM All

steveg has entered DayTrading Chat

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

steveg gm all

bulldogchip has entered DayTrading Chat

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

bulldogchip gm Ken

trdr45 has entered DayTrading Chat

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

Terry has entered DayTrading Chat

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

Terry gm

trdr45 has left the room

Todd-SOF Direct has entered DayTrading Chat

trdr45 has entered DayTrading Chat

trdr45 Hi Ken James ...trdrs

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

Todd-SOF Direct gm everyone

joecgoodman has entered DayTrading Chat

James-ST Moderator: gm joec, everyone i missed

joecgoodman gm, James

ahk has entered DayTrading Chat

James-ST Moderator: gm ahk

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

kim has entered DayTrading Chat

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

ahk howdy

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

James-ST Moderator: hey ahk

ahk IART

ahk CELL

ahk J saw CRUSH

ahk so so flick

James-ST Moderator: crash?

Ken-ST Moderator: I saw it too, I really liked it

Ken-ST Moderator: I thought it was well made

ahk yes crash

James-ST Moderator: or blue crush?  ken's favorite surf movie?

Ken-ST Moderator: lol

ahk orange crush

cleon has entered DayTrading Chat

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

gp has entered DayTrading Chat

cleon gm

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

gp morning

CRUSH has entered DayTrading Chat

James-ST Moderator: gm gp, cleon

cleon gm james

ahk has logged out

ak has entered DayTrading Chat

ak gm all

joecgoodman Ken, do you know what the triggers are for the Type B plays yet? Or does it depend on which way they decide to go?

James-ST Moderator: all depends on the the open joec

Eagle has entered DayTrading Chat

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

stuart has entered DayTrading Chat

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

traderdoc has entered DayTrading Chat

Eagle GM all

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

stuart gm all

pancho has entered DayTrading Chat

pancho gm

pvg6799 has entered DayTrading Chat

david has entered DayTrading Chat

traderdoc gm all

== has entered DayTrading Chat

Violet has entered DayTrading Chat

jy has entered DayTrading Chat

jy gm

Vanja has entered DayTrading Chat

Vanja gm all

hapeko has entered DayTrading Chat

James-ST Moderator: gm hapeko, van,jy, violet, trader, david, pvg, pahncho, stu, eagle

Ken-ST Moderator: [b]Good Morning[/b] [b]pancho, pvg6799, david, Violet, jy, hapeko, Vanja[b]

Ken-ST Moderator: Market Assessment:

Ken-ST Moderator: Daily Chart:  Above the 5 day EMA, stoch. up

Ken-ST Moderator: Hourly Chart: uptrend

Ken-ST Moderator: 5 min chart:  uptrend

Ken-ST Moderator: Overall there is an uptrending bias to the market

Ken-ST Moderator: Futures are currently up 4 points and above the p/d range

Hunter has entered DayTrading Chat

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

chuck has entered DayTrading Chat

Hunter : gm guys

James-ST Moderator: hey hunter, check

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

Ken-ST Moderator: ok gang, let's get busy

socal has entered DayTrading Chat

traderdoc has logged out

chuck gm

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

James-ST Moderator: [b]Watching for Type A Short on[/b] [b]DLTR 20.55[/b]

James-ST Moderator: [b]Watching for Type A Short on[/b] [b]DLTR 20.55[/b]

James-ST Moderator: [b]Watching for Type A Short on[/b] [b]DLTR 20.55[/b]

socal hello...

traderdoc has entered DayTrading Chat

IG50 has entered DayTrading Chat

nysteve has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]IG50, nysteve[b]

Ken-ST Moderator Update!

Sooner has entered DayTrading Chat

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IART 31.99[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IART 31.99[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IART 31.99[/b]

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

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]GOOG 360.64[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]GOOG 360.64[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]GOOG 360.64[/b]

nysteve gm all

IG50 GM ALL

MW has entered DayTrading Chat

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

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]GOOG 360.64[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]GOOG 360.64[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]GOOG 360.64[/b]

Ken-ST Moderator Buy!

joecgoodman missed goog, entry still valid if it pullsback closer to entry?

MW has logged out

Sooner has logged out

Ken-ST Moderator: yes

joecgoodman thx

Sooner has entered DayTrading Chat

Chris has entered DayTrading Chat

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

Chris Good Morning

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CELL 21.58[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CELL 21.58[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CELL 21.58[/b]

alex has entered DayTrading Chat

Ken-ST Moderator Update!

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

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

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

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

alex good morning all

Terryg has entered DayTrading Chat

OK has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]Terryg, OK[b]

Ken-ST Moderator: CELL is close

Ken-ST Moderator: Market is above the recent range

gwoody has entered DayTrading Chat

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

Ken-ST Moderator: CELL is close gang

gwoody good morning

cleon ken, u trigger buy off last? or bid/ask?

joecgoodman goog 1 min. 20 ema support working like a magnet

Ken-ST Moderator: print and offer  on the buy

cleon k, thx

joecgoodman what does print mean?

Ken-ST Moderator: trade

joecgoodman what does trade and offer on the buy mean?

Ken-ST Moderator: You want the offer to be at the trigger, and you want a trade there too

Ken-ST Moderator: at times you might have one and not the other for a false signal

joecgoodman I'll try to remember to ask you for more explaination at lunch

joecgoodman if goog hits another hod is it a valid trade?

Ken-ST Moderator: A little more risky, but if you do I would suggest a top at the low of the recent pullback

joecgoodman ok

chuck you mean "stop"? right

Sooner has logged out

OK has logged out

Terry has logged out

Ken-ST Moderator: Yes, the more extended the stock is in its trend, the tighter the stop should be

trdr45 so you confirm the offer with time and sales Ken?

Ken-ST Moderator: so the GOOG is extended being that it is on its second breakout

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 361.59[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 361.59[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 361.59[/b]

Ken-ST Moderator: In the money gang

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IART 34.57[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IART 34.57[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IART 34.57[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]UTHR 70.54[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]UTHR 70.54[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]UTHR 70.54[/b]

jjwolfe has logged out

Ken-ST Moderator Update!

jjwolfe has entered DayTrading Chat

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CELL 20.71[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CELL 20.71[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CELL 20.71[/b]

bulldogchip has logged out

Terryg has logged out

Ken-ST Moderator: IART, CELL are close

alex has logged out

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IART 34.57[/b]

pancho has logged out

pancho has entered DayTrading Chat

bulldogchip has entered DayTrading Chat

Ken-ST Moderator: wb

bulldogchip thanks, got booted

alex has entered DayTrading Chat

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 362.41[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 362.41[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 362.41[/b]

Terry has entered DayTrading Chat

Ken-ST Moderator: wb

Terry Thanks

socal has logged out

Ken-ST Moderator: CELL is close

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CELL 20.71[/b]

cleon DLTR still a short?

stan48 ; good morning guys has entered DayTrading Chat

socal has entered DayTrading Chat

Ken-ST Moderator: If it goes down to the trigger, yes cleon

Ken-ST Moderator: hi Stan

Ken-ST Moderator: wb socal

Chris has logged out

Chris has entered DayTrading Chat

socal got dumped out

Ken-ST Moderator: CELL right there gang

Sooner has entered DayTrading Chat

Ken-ST Moderator: wb Sooner

Ken-ST Moderator: we moved the stop on GOOG to 362.41

Sooner Thanks - Had a difficult time logging in.

trdr45 has logged out

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

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

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

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

trdr45 has entered DayTrading Chat

jy goog ty gj

IG50 has logged out

Ken-ST Moderator: that profit alert was a little early gang

James-ST Moderator: sorry gang.....too much coffee

Ken-ST Moderator: we are aiming for 364.25

CRUSH lol

James-ST Moderator: [img id=em-4]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 362.84[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 362.84[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 362.84[/b]

IG50 has entered DayTrading Chat

traderdoc has logged out

Ken-ST Moderator: wb

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ORCT 20.04[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ORCT 20.04[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ORCT 20.04[/b]

James-ST Moderator: ORCT close

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ORCT 20.04[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ORCT 20.04[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ORCT 20.04[/b]

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

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]GOOG[/b]

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

Ken-ST Moderator Profit!

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

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

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

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

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

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IART 34.57[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IART 34.57[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]IART 34.57[/b]

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

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

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

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

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

dan has entered DayTrading Chat

CRUSH has logged out

steveg anyone able to catch that iart?

James-ST Moderator: CELL relatively close

ak has logged out

ak has entered DayTrading Chat

ahk has entered DayTrading Chat

Vanja has logged out

James-ST Moderator: Questions or comments?

James-ST Moderator: Feel free to bring up other stocks of note, whether they fit our strategies or not, others may find them of interest.

ahk tough to get executions in some stox

ahk the trigger blows through

James-ST Moderator: GOOG new HOD

James-ST Moderator: For the new guys here, we strongly suggest that a 5 minute candlestick chart of the SPX be kept open to give you a visual of current market conditions, overlay this chart with 5, 20 and 50 ema and slow stochastics.  You will find that this will help you with your personal daytrading, giving you the “heartbeat” of the market.

James-ST Moderator: SNDK close

James-ST Moderator: GOOG new HOD

cleon what are the #s on sndk?

James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]SNDK 58.51[/b]

James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]SNDK 58.51[/b]

James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]SNDK 58.51[/b]

James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]SNDK 58.51[/b]

joecgoodman where's our stop on SNDK?

jy GOOG new hod

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 57.63[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 57.63[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 57.63[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 57.63[/b]

James-ST Moderator: CELL close

Ken-ST Moderator: GOOG new hod

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CELL 20.71[/b]

James-ST Moderator: GOOG, over 366[img id=em-5]

jy wow

Ken-ST Moderator: joec, you every get in on that second entry?

James-ST Moderator: Market threatening HOD, stochastics are up

James-ST Moderator: Market new HOD

joecgoodman no, not if you mean goog, didn't get in at all

James-ST Moderator: GOOG 367+

gwoody has logged out

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 58.06[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 58.06[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 58.06[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SNDK 58.06[/b]

jy look at GOOG

trdr45 man does SNDK move

jy new hod after new hod

James-ST Moderator: nice runner

James-ST Moderator: GOOG 368+

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CELL 20.71[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CELL 20.71[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CELL 20.71[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]CELL 20.71[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CELL 21.03[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CELL 21.03[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]CELL 21.03[/b]

Hunter : are arca & brut disabled for anyone else ?

gp They were for me (using DAS) earlier on, but they came back on fairly quickly. Seems OK now

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

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

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

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

stuart has logged out

stuart has entered DayTrading Chat

Hunter : gp did you reboot ?

Hunter : still not workin here

jy james/ken, gj

gp No - they re-activated automatically

Hunter : ok thx, gp

Ken-ST Moderator: Hunter, if you are with AIM, they have their own servers

Ken-ST Moderator: if GP is with SOF or some other US broker dealer, you will have different issues

Ken-ST Moderator: ty jy

Ken-ST Moderator: gj

Hunter : yeah, I think they get from wal-mart !

Hunter : them

Ken-ST Moderator: lol

Hunter : them is probably wrong, its more like it ( ya know like in only one)

jy james, the market is so strong that even MOVI i sup 0.21 over $7

James-ST Moderator: lol

James-ST Moderator: but bigger picture......MOVI is down 72% in 3 months......

jy james, thanks for reminding me.lol

James-ST Moderator: For the new guys here......we will enter the lunch period on wallstreet in about 15 minutes.....at that time we will cancel further Type B triggers until 1:30 EST.......

James-ST Moderator: During lunch, we will field questions......and feel free to discuss stocks of note.

chuck has logged out

Ken-ST Moderator: We will keep a loose stop on SNDK below the 20 EMA

steveg is that on the 1 min or 5 min chart (sndk)

Ken-ST Moderator: sorry about that, the stop has been moved to 58.06

Ken-ST Moderator: I was looking at the 5 min steveg

steveg thx ken

Ken-ST Moderator: If you would like a looser stop, 58.70 is the next level

== has logged out

chuck has entered DayTrading Chat

Ken-ST Moderator: wb

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

Ken-ST Moderator: [b]5 Minute EMA Trend[/b] [b]DOWN[/b] [b]Stochastics Trend[/b] [b]DOWN[/b]

Sooner has logged out

Jose has entered DayTrading Chat

Jose gm, James, Ken, everyone!

James-ST Moderator: hey jose

Ken-ST Moderator: hi Jose

Ken-ST Moderator: wb

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

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

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

Jose took a few days off

Ken-ST Moderator: Nice

Ken-ST Moderator: good to have you back

James-ST Moderator: [b]CANCEL FURTHER TYPE B TRIGGERS, TURN TIME[/b]

Jose ty

James-ST Moderator: Go anywhere jose?

James-ST Moderator: Questions or comments gang?

James-ST Moderator: Market nice follow through to Friday's rally.......

IG50 has left the room

James-ST Moderator: We will resume Type B triggers at 1:30 EST, if we find Type C plays we will issue

Jose not really had to finish pending paperwork for business.

socal has left the room

James-ST Moderator: Did anyone see that Cincinatti fan run on the field during the NFL game and grab the ball from Brett Farve?   man, that was a classic moment........

James-ST Moderator: ah jose

Ken-ST Moderator: Heard about it, but didn't see it

ahk has logged out

hawker has entered DayTrading Chat

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

hawker hey Ken

James-ST Moderator: Who is new here?

hawker me

Ken-ST Moderator: gang, note that the stoch. have gone into a downtrend and the market is under the 5 ema.

James-ST Moderator: Give a yell if you are new here........feel free to ask questions.....

Ken-ST Moderator: therefore the morning uptrend has been broken

James-ST Moderator: hey hawker

Ken-ST Moderator: and is currently in a sideways to downtrend

steveg Besides the major gap ups and gap downs and volume, any other major considerations in scanning for stock picks?

cleon hey ken, a couple of questions, first do you ever use any advaned market orders, like market to limit, etc.?  I find that if i enter on a market order my fills are almost at my profit target, and if i use limit orders, i miss the move completely.  Also, do you use mental stops, or actually place the order when you are setting your stops?

cleon answer steveg first...

steveg thx, c

Ken-ST Moderator: steveg, the Type B doesn't have to be big movers.  You can have a small gap outside of a range, but those are harder to find

Ken-ST Moderator: and the volume may not be as big

Ken-ST Moderator: but the ones on the top ist are easier to find

Ken-ST Moderator: Type A are identified the night before

steveg you mean daily breakouts?

Ken-ST Moderator: yes

hawker has logged out

steveg 10-4 thx ken

hawker has entered DayTrading Chat

Ken-ST Moderator: by scanning through the daily charts of hundreds of stocks

Ken-ST Moderator: Type C are identified intraday during the lunch period

Ken-ST Moderator: cleon, the 1% target should be 1% past your entry.

Ken-ST Moderator: so if you pay up a little at the entry, you would make it up on the exit

cleon i know - the point is, my market orders miss the breakout move completely

Ken-ST Moderator: we show that 1% profits are conservative but impactful

Ken-ST Moderator: you are on direct access?

cleon by the time they fill since the price is moving so quickly - IB broker

pancho has logged out

Ken-ST Moderator: Im not quite sure how IB platforms are.  I hear different stories

cleon ok, second question, do you recommend mental stops, or place the order immediately for stop losses. ok on IB

Ken-ST Moderator: Are you placing stop orders to enter?  or watching for the trigger and then sending the orders

cleon on your question, i've tried both, if i place stops, i miss the move, if i place the market, i get a lousy fill price

Ken-ST Moderator: mental stops if the stock is far away

cleon ok on mental stops

Ken-ST Moderator: but as they get close I would place the orders.....otherwise you may second guess your decsion and not place the order

Ken-ST Moderator: and then all hell breaks loose

cleon ok, so go ahead and place before they hit on the stops

cleon limits i assume?

Ken-ST Moderator: On stop losses I prefer market

cleon ok

hawker do you guys ever short stocks that have moved up on light volume but are in a down trend... I notoced all short recommendations in swing and day are at prices lower that the current price

Ken-ST Moderator: but that is my preference

Ken-ST Moderator: my thinking is if I place a stop on a llimit I may not get filled

cleon after hawker's question, ken, so you're basically a market in and market out guy for the most  part and stilll hitting the 1% profit targets?

Ken-ST Moderator: If get stopped, I want out....market order ensure that

Ken-ST Moderator: hawker:  no for these strategies we short breakouts/breakdowns.  So all our entries are higher (for buys)  lower for shorts

hawker I guess I am not completely clear ... are a,b,c your strategies or are there d's and e's... sorry ... new here

Ken-ST Moderator: cleon: no, limit orders when exiting on my profits

Ken-ST Moderator: hawker:  there are only 3 strategies that we have.  Type A , B, C

Ken-ST Moderator: np hawker, take your time, and gather your questions

cleon ok, last question, i understand the difference between a stop limit and a limit order, but in practicality, is the only real difference that the stop limit requires a trade to already take place at your target price before yours triggers?  trying to understand the difference in USE between the two order types.  thx - that's the last one ;).

john3:16 has logged out

hawker I get it... so Type B is what I was talking about and there are just no opens at this time... and UTHR is on deck but no trigger yet?

tony has entered DayTrading Chat

Ken-ST Moderator: the difference between stop limit and limit order:   for Buy example:  stop limit will send a sell order at a  price lower than the current market.      Limit order is used for orders above the current market

Ken-ST Moderator: hi Tondy

Ken-ST Moderator: Tony

tony hi

Ken-ST Moderator: market in sideways trend above the 20 ema currently

Sooner has entered DayTrading Chat

Ken-ST Moderator: We cancel all Type B alerts during the lunch period

nysteve has left the room

Ken-ST Moderator: So right now nothing on alert.  We will open the Type B alerts up after lunch:  1:00 pm est

hawker ty

dan has logged out

Ken-ST Moderator: GOOG new highs

cleon has logged out

cleon has entered DayTrading Chat

Ken-ST Moderator: Did I miss any questions?

cleon just to close out an earlier thought - you wait for a trade to happen at your target price before yo uenter, correct?

cleon vs. bid or ask

James-ST Moderator: GOOG rocketing

James-ST Moderator: GOOG 370+

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

James-ST Moderator: 10 bucks past entry.....not ba

James-ST Moderator: bad

trdr45 aken awhile back you talked about tradeand bid /offer option to aviod getting taken out on thesse tails on candles ....were do you look to find the option or adjustment ?

jy james, did bear bought GOOG put ?

kim has logged out

Ken-ST Moderator: cleon can you clarify your question?

Ken-ST Moderator: trdr can you also clarify

joecgoodman has logged out

trdr45 ok Alaska had asked about how to stop these long tails from taking stops ...you said their was aa adjustment on your platform I just wondered were to look

Ken-ST Moderator: trdr: I think I got you.  Yes, when the stock is moving nicely in your favor areound your target, have the hot key ready to send your sell order at the offer

Ken-ST Moderator: its like throwing yourself in front of a moving bus.

Ken-ST Moderator: You'll get hit

Ken-ST Moderator: and thats when you want to be selling....when everyone is buying

Ken-ST Moderator: ah

Ken-ST Moderator: I got you

cleon i was looking for clarication on what qualifies hitting the entry target, a transaction closing at the target, or simply an offer price

Ken-ST Moderator: sorry, yes you want two conditions to set off a stop.... a trade at that price AND a offer (on a buy, bid on a sell)

cleon ok, that was really the last one, thanks ;)

Ken-ST Moderator: Cleon, you want an offer at the trigger and a print

Ken-ST Moderator: what we are looking for is trades at the trigger

Ken-ST Moderator: but if the offer is still lower, that means there is still a sell order below the trigger, and resistance has not been really broken

Ken-ST Moderator: traders sometimes try to get ahead of a breakout and buy outside the market

Ken-ST Moderator: that is not true break of resistance

ahk has entered DayTrading Chat

Ken-ST Moderator: wb

Hunter : ok thx man

Ken-ST Moderator: GOOG lunch time breakout

kim has entered DayTrading Chat

Ken-ST Moderator: Hi Kim

Ken-ST Moderator: Did anyone opt for the looser stop on SNDK?

Ken-ST Moderator: note how the 20 EMA played nice support for the stock

ahk has logged out

trdr45 has logged out

ahk has entered DayTrading Chat

chuck im still in sndk

dan has entered DayTrading Chat

Ken-ST Moderator: Hi Dan

chuck wondering when to bail

Jose Ken, do you trade options at all? ty

kim Stop for SNDK now if still in?

dan hi all

James-ST Moderator: 58.24 kim is nice

James-ST Moderator: held 20 ema on 5 minute, stochastics are up

Jose James, do you trade options? ty

Ken-ST Moderator: Jose, I do trade options on but not actively

kim Thanks james

tony has logged out

tony has entered DayTrading Chat

dan has logged out

hawker Ken-  Both of the "trade alerts" in swing trading appear to be Type A.  Are there Type Bs for swingtrading too? .. and am I reading that correctly?

James-ST Moderator: Questions or comments?

James-ST Moderator: Anyone with some good movie reviews?

James-ST Moderator: hmmm where did joec go?

James-ST Moderator: hey ahk.....so Crash wasnt that good for you?

Jose James, do you trade options at all? ty

Ken-ST Moderator: No hawk, that is all there is for the Swing Trades.  And yes it is setup the same way as the Type A alerts here

ahk has logged out

hawker so there are Type Bs and Cs too?

James-ST Moderator: For the room?  Our strategies have not been tested with options on the related stocks.....premiums may eat up profit

hawker occasionally

Ken-ST Moderator: Market breakiing down below the 20 ema right now

Jose not for the room but for your account?

James-ST Moderator: ah jose, sure.

Ken-ST Moderator: No Type Bs or Cs for the Swing Tradig

hawker so I am guessing that only a small number ever get executed?

Ken-ST Moderator: between 20 - 40 a month

Ken-ST Moderator: Market has been in a sideways range so the there have been fewer trades that that have triggered

hawker just want to make sure I read it right.. last night you issued 2 (PLAB and AMZN)  both will trigger if they hit there respective targets?

Ken-ST Moderator: market hanging around the 20 ema

Ken-ST Moderator: stochatics are oversold

Ken-ST Moderator: yes their triggers

Ken-ST Moderator: but neither of them have triggered

hawker huh?.. oops

hawker sorry jjwolfe... Newbie error  :>)

hawker ty Ken

James-ST Moderator: hawk, you and wolfe friends?

jy SNDK moving back up.

Ken-ST Moderator: Yes

Ken-ST Moderator: any questions?

Ken-ST Moderator: market still in sideways to downtrend

Ken-ST Moderator: currently below the 5 ema

Ken-ST Moderator: 20 ema raterh

Terry has logged out

Ken-ST Moderator: rather

Ken-ST Moderator: any questions?

Ken-ST Moderator: brb gang

jy SAN FRANCISCO (MarketWatch) -- December natural gas was down 78.5 cents at $12.28 per million British thermal units after trading as low as $12.14, its lowest level since mid-September. The contract is set to post a nearly 15% loss for the month after closing out last month at $14.431. "Gas has pulled back on a mild weather 10-day weather outlook," said Agbeli Ameko, a managing partner at First Enercast Financial. Meanwhile, December crude fell $1.32 to $59.90 a barrel. It was trading over $6, or almost 10%, below its month-ago level

James-ST Moderator: ty jy

trdr45 has entered DayTrading Chat

ahk has entered DayTrading Chat

chuck has logged out

James-ST Moderator: wb guys

James-ST Moderator: Anything of note?

James-ST Moderator: Anyone going trick or treating?

James-ST Moderator: lol

cleon dressing up as cramer - shaving a strip down the middle of my head ;)

James-ST Moderator: hahahahha

James-ST Moderator: make sure to add sweat stains under arm pits to add realism

cleon yes!

Jose does Alaska still around?

James-ST Moderator: yep

James-ST Moderator: everyday......he was in earlier

James-ST Moderator: i think he takes a nap

James-ST Moderator: man some lady won a million dollar lottery.....

James-ST Moderator: unfortunately she bought the tickets with a stolen credit card.....

James-ST Moderator: jail instead.....

James-ST Moderator: SNDK hit profit for those of you who stayed in.........

James-ST Moderator: just now

trdr45 nasty irony ...possibly some bad karma

James-ST Moderator: exactly trdr

trdr45 lol

hawker what ema 20 interval do you use... Ken mentioned that it had just broken.. one minute??

James-ST Moderator: 5 minute

alaska has entered DayTrading Chat

alaska hi all

James-ST Moderator: hey alaska

James-ST Moderator: there he is jose......fresh from a nap

Jose I see

trdr45 AAPL text book chart...what a run

trdr45 Dang

James-ST Moderator: very nice

alex has logged out

Jose Alaska, how is the weather?

alaska It's not bad in anchorage, 17 deg F above zero

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

Jose wow

alex has entered DayTrading Chat

alaska beautiful sunny day, Mt Mckinley (Denali) looks glorious today

hawker can you see it from your trading desk?

alaska absolutely

James-ST Moderator: nice

hawker thats awesome... I would never get anything done though

kim very coool alaska

stan48 ; good morning guys has logged out

James-ST Moderator: lmao, stan48 needs to work on his handle when he enters

cleon LOL

hawker it can get confusing .. I tried to thank Ken for something and ended up "whisoering to jjwolf

James-ST Moderator: hahhaha

hawker whispering

ahk uthr

James-ST Moderator: GOOG new HOD

James-ST Moderator: Will not play this first break of HOD for UTHR.......Note Sept 5th.......upside resistance level

jy UTHR Sept 5 was the 52 week high at 74.81

Ken-ST Moderator: back

david has logged out

Ken-ST Moderator: Stochastics are up

Ken-ST Moderator: market above the 5 ema

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

tony has logged out

Ken-ST Moderator: UTHR new hod , however

Ken-ST Moderator: near a resistance area

Ken-ST Moderator: and we are not quite out of lunch

Hunter has logged out

hawker what hours constitute "lunch?"

Ken-ST Moderator: We define it from 11:30 to 1:30

ahk lots of time to eat

jy AAPL up big today -

Ken-ST Moderator: It is in a nice trend

Ken-ST Moderator: It has a tight stop

Ken-ST Moderator: lets issue an alert on it

Ken-ST Moderator: after 1:30

john:16 has entered DayTrading Chat

Ken-ST Moderator: wb john

john:16 hi

Ken-ST Moderator: market in intraday sideways range right now

Ken-ST Moderator Update!

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]AAPL 57.69[/b]

Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]AAPL 57.69[/b]

Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]AAPL 57.69[/b]

Ken-ST Moderator: 57.19 stop if triggered

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]AAPL 57.69[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]AAPL 57.69[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]AAPL 57.69[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]AAPL 57.69[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 57.19[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 57.19[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AAPL 57.19[/b]

Hunter has entered DayTrading Chat

Ken-ST Moderator: wb Hunter

Hunter : hey guys

trdr45 has logged out

Ken-ST Moderator: GOOG breaking a day long trend

Ken-ST Moderator: ok gang, I will be away for a little bit, James will be here

James-ST Moderator: ok let's look at possible triggers.......

joecgoodman has entered DayTrading Chat

Ken-ST Moderator is no longer a moderator

Ken-ST Moderator has logged out

James-ST Moderator: ORCT would look nice at LOD but distant now.......

James-ST Moderator: IART as well.....

James-ST Moderator: UTHR we noted upside resistance, no HOD trigger for us......

hawker has logged out

James-ST Moderator: CELL has defnined its daily range.......nice gap below it to fill AND no resistance above.....a trigger either way is valid.......

trdr45 has entered DayTrading Chat

hawker has entered DayTrading Chat

James-ST Moderator: Questions or comments?

hawker are the audible alerts the same for every trade alert type?

James-ST Moderator: no different

James-ST Moderator: here are the various sounds for long........then short:

hawker ty

alaska I didn't hear any ot those just now

James-ST Moderator: make sure to check your options

cleon check your sound - heard them here

alaska new message is set for ding

alex has logged out

James-ST Moderator: you have any sound at all alaska?

James-ST Moderator: you mean since you have been here, you never had sound?

alaska I did get the sound when you got into aapl

alex has entered DayTrading Chat

cleon are you using a MAC? ;)

James-ST Moderator: ah ok.....sound should be ok alaska, it works fine

trdr45 has logged out

alaska no mac here :)

cleon has logged out

Chris has logged out

cleon has entered DayTrading Chat

Chris has entered DayTrading Chat

ahk aapl on edge

James-ST Moderator: yes

James-ST Moderator: Market weakening a bit......stochastics turning down, that is not helping

joecgoodman is that common on an up day....for it to take a little breather before resuming?

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

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

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

James-ST Moderator: Impossible to tell here if we continue up.....

john:16 has logged out

James-ST Moderator: stop is unfortunate but there for a reason, could be early signs of reversal

joecgoodman well dang, James, I've gotta have a definitive answer.  How do I know whether to buy calls or puts on the OEX if you withhold vital information should as future market direction?  Dang, man. C'mon.

joecgoodman meant "such as" rather than "should as"

James-ST Moderator: hahahah

joecgoodman one of the many things I like about this room.....we've made money on two longs and two shorts today

James-ST Moderator: sorry, as a daytrading room, we only can help you see and adjust to current market trend......not the future.......but i can break out my Magic 8 Ball for you.....

joecgoodman I've already tried the Magic 8 ball.  My winning ratio went up, to be sure.

bulldogchip has left the room

James-ST Moderator: We have noted on daily and hourly charts, the SPX is in a slight uptrend......

James-ST Moderator: Intraday on the 5 minute SPX though....market is testing the 50 ema and stochastics are down........

James-ST Moderator: Dow is only +36 after +75 earlier

alaska I know you don't claim to predict the future, but in fact you are predicting the future out 1-5 minutes, the strategy narrows down potential trades to those that are highly likely to be productive in a short day trade.

James-ST Moderator: yes.....in that sense.....

bulldogchip has entered DayTrading Chat

Sooner has logged out

alaska aapl is almost replicating the S&P chart over the past half hour

Todd-SOF Direct has logged out

Sooner has entered DayTrading Chat

cleon buy high - sell low :(

James-ST Moderator: Market bouncing off of 50 ema on 5 minute chart..........stochastics are up.....

James-ST Moderator: UTHR.........very near that Sept 5 high/resistance level we noted......lets see how it is treated here

James-ST Moderator: jy, what do you have up your sleeve?

joecgoodman ...I'm sorry, what's our trigger on UTHR?

joecgoodman 73.81 or so?

James-ST Moderator: No long trigger on UTHR.....noted possible resistance from the high set on Sept 5.......but we note what would have been our trigger to see how the stock plays out........case study more or less

joecgoodman ah, very good. thx.

joecgoodman UTHR.....wow

hawker James-  What time do swing trade e-mails typically come out??

James-ST Moderator: 74.81.....Sept 5......should bounce its head there if it pokes through.......

James-ST Moderator: 8ish EST hawker

James-ST Moderator: If we can get some nice consolidaiton around there for UTHR a long trigger may come about......but we won't gamble that UTHR can plow through it or fall back.....

chuck has entered DayTrading Chat

alex has logged out

James-ST Moderator: Man.....this market is dead flat since the inital morning surge.......check your 5 minute SPX gang.......flatline EKG for the market

James-ST Moderator: I don't like flat days like this......range trading and not very good action.....

James-ST Moderator: Guessing which way a stock will go in these conditions can lead to an enormous waste of commissions......

James-ST Moderator: Here comes another one of patented much anticipated market prediction:

James-ST Moderator: Market will either keep going up after a nice consolidation........

James-ST Moderator: Or we will see profit taking and head back down......

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

James-ST Moderator: jy.....so quiet today......what have you got going?

jy wow UTHR clost to breaking through the 74.81 high

James-ST Moderator: yep very important here.....let's see how a break plays out

pvg6799 has logged out

jy james, not too much, enjoying the profit

James-ST Moderator: We have observed in the past....that although a stock may break a noted resistanfce level.....they often quickly fail.....

James-ST Moderator: UTHR about to be case study.....

James-ST Moderator: nice jy

jy james, have you seen bear today ?

James-ST Moderator: nope

James-ST Moderator: he is conspiculously absent on strong up days

James-ST Moderator: hahahahah

James-ST Moderator: i find it funny on big down days how he magically appears on qeue

jy yes.

jy i think he's put on GOOG

James-ST Moderator: queue

James-ST Moderator: yeah i think so too.....but you know...i wouldn't worry about him.....he has been raking in some huge profits......

joecgoodman James, I'm trying to get familiar with the stochastics on the SPX (5 min.).  Does it look to be trending up to you?  And does that recent bend to the upside give you an upside bias?

jy that's good

James-ST Moderator: Last three months he has been calling some incredible plays on those CBOT, CME, SHLD, GOOG kind of stocks

bulldogchip cell close

joecgoodman are we looking to re-enter CELL? or just case study?

James-ST Moderator: ty bdc

James-ST Moderator: one sec

James-ST Moderator: let me find a tight stop or we will NOT enter

bulldogchip i refuse to take blame if we enter and it goes bad...lol

joecgoodman stop looks to be 2% away

James-ST Moderator: Market is on our side.......21.03 is best stop

James-ST Moderator: you got it joec

joecgoodman SPX needs to fight its way through the 07s.

James-ST Moderator: [b]Let's play it conservative gang.....i don't trust this market.......HOD is a valid entry on CELL....21.03 is recomended stop if you enter, however, we will not issue an alert[/b]

jy UTHR broke through 74.81 at 74.96

James-ST Moderator: UTHR just triggered........74.81.....lets case study and see if this break to new highs holds or we see profit taking

jy o.k it'll be interesting to watch.

James-ST Moderator: Stock charts liek UTHR....often you see them plow through and keep going when they make new highs.....on the other hand, i would say half the time.....people just start selling and taking profits.....

James-ST Moderator: Market stochastics still up....getting near the HOD.......that 50 ema on the 5 minute chart has been golden the last several weeks......setting up resistance/support.

joecgoodman James, when you say charts like UTHR, what mean dat?

James-ST Moderator: Similar charts.....a new high set in the past.....it pulled back substantially, in this case from 75 to 59.....and a gap up near that previous high......

joecgoodman thx

alaska good call on uthr J

James-ST Moderator: Not yet.....just fighting around there

James-ST Moderator: Stil too early to tell......

James-ST Moderator: Market is strong though........

James-ST Moderator: Hope you guys have found keeping the 5 minute chart of the SPX helpful.....imo, there is no better way to get a visual of the market

joecgoodman yes, I'm loving it.

ak has logged out

James-ST Moderator: Market new HOD

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

joecgoodman Yowza!  Highest the market has been since Oct. 5th....but it was on its way down then.

jy SPX and NASDA new highs but no the DOW

ahk is cell vaild hod?

James-ST Moderator: Discussed that ahk.....it is a valid trigger with 21.03 recomended stop if you enter, but we will not issue

ahk why no issue

James-ST Moderator: hey ahk, so Crash didnt do it for you?  Didn't really like it?

James-ST Moderator: scroll up ahk

ahk nope sorry

ahk never got me involved

James-ST Moderator: geez ahk...

James-ST Moderator: that movie was emotionally draining....

ahk plot was absurd

James-ST Moderator: [img id=em-1]

James-ST Moderator: hahahah

ahk totally unrealistic

James-ST Moderator: You are sure now you watched "Crash" and not "Blue Crush"

James-ST Moderator: lol

ahk cheadle wasn't bad, the others wsucked

James-ST Moderator: hahahaha

James-ST Moderator: ok, well always good to have contrarian movie reviews...but those who havent seen it.....see Crash

James-ST Moderator: CELL wb a trigger here......

jy o.k another case study - CELL triggered at 21.58

ahk but don't pay to see it

James-ST Moderator: [img id=em-2]

James-ST Moderator: ahk, remind me not to invite you to any future movies i make

James-ST Moderator: tough critic

ahk did you make that one?

Todd-SOF Direct has entered DayTrading Chat

James-ST Moderator: lmao

James-ST Moderator: hey todd wb

joecgoodman I'm on a new version of the platform I use.  It's really cool....but in the process of fumbling with it, I missed the goog trade, and didn't get my profit target set soon enough on the lightning fast ORCT trade.

Todd-SOF Direct ty

joecgoodman but you KNOW I managed to get in on the SNDK trade. :-(

James-ST Moderator: it turned out ok......for those who didnt stop......

joecgoodman most trades do :-)

James-ST Moderator: Note the SPX daily.......

James-ST Moderator: Important day.....breaking above the 50 ema

joecgoodman I think it's going to 1240 this month

ahk J, I thought this was a systme, and you said you didn't "trust" the market?

joecgoodman it was just there in Sept.

ahk what kind of technical analysis is trust?

joecgoodman are you talkin' ta me?

ahk not joe

James-ST Moderator: lol

ahk JAMES, the film producer

James-ST Moderator: inadequate stop noted ahk read up

James-ST Moderator: ah alaska, now you can say it about UTHR......stochastics down looks like a failed breakout

jy UTHR could have been a TYPE C

James-ST Moderator: yep two things to qualify though.....market need to be in downtrend, and high needed to be set during lunch......

James-ST Moderator: Type C's work with market and take advanatage of weak lunch hour triggers

jy market ne whigh

Sooner has logged out

ahk has logged out

jy everything on my board is up except for IART and OSTK

joecgoodman GOOG just barely made it to the profit target today, huh? :-)

joecgoodman up 16%

joecgoodman did anyone in here take half-profit at 1% then let the rest run?

James-ST Moderator: up about 3%+ actually.....13 bucks for GOOG.......on a 350 stock....

joecgoodman you're right, my bad.  I was looking at my Net column and thought I was looking at my Net Percent column.

alaska SBUX near new HOD

James-ST Moderator: ah nice one there...32 all time high?

joecgoodman James, I've heard people talk lately about resistence at the 1210 area.  I'm not seeing that on the daily chart, are you?

joecgoodman when did SBUX split???

stuart has logged out

James-ST Moderator: my guess joec is those chart analysts are drawing a straight line from April 12th or so......

James-ST Moderator: Looks like when you draw a straight line from there to today......the market found resistance or support along that area......

joecgoodman you must be right.  I have to disagree with them.

James-ST Moderator: yeah me too

joecgoodman Q4 almost always gives back whatever we lost in Sept-Oct.

joecgoodman I realize Oct is part of Q4.  The turnaround can usually be found in Oct....after the fact, obviously.

joecgoodman anything setting up for us? or is a measley 3.42 all you can squeeze out of it today?

James-ST Moderator: that is all for today.....sorry.....

Jose James, in your opinion would you recommend Technical Analysis of the Financial Markets by Joshep Murphy? ty

James-ST Moderator: [b]CANCEL FURTHER TRADES, FINAL 30 MINUTES[/b]

Jose has logged out

Chris has left the room

joecgoodman :-(

jy jmaes, ty for a good day. cu tomorrow.

jy has left the room

James-ST Moderator: ok jy take care

cleon ok, time to go buy candy.  see y'all tomorrow am. thx.

James-ST Moderator: lmao joec

cleon has logged out

Jose has entered DayTrading Chat

chuck has logged out

joecgoodman James, you do a most excellent job.  See you tomorrow.

James-ST Moderator: thanks joec, take care bud

hapeko has logged out

Eagle has left the room

Jose James, in your opinion would you recommend T