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

stan48 ; good morning guys; lets have fun today: i am counting on you today ken

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

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

Jose: hey Ken

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

ak: gm all

IG50: GM ALL

david: Morning all

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PUMP 13.96[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PUMP 13.96[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PUMP 13.96[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CSC 59.91[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CSC 59.91[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CSC 59.91[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IVAC 11.91[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IVAC 11.91[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IVAC 11.91[/b]

alaska: ?

alaska: ivac?

alex: good morning all

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IVAC 11.91[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IVAC 11.91[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]IVAC 11.91[/b]

James-ST Moderator: ty alaska

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]DELL 29.65[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]DELL 29.65[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]DELL 29.65[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]DELL 29.65[/b]

Ken-ST Moderator: [b]Good Morning[/b] [b]1reno[b]

James-ST Moderator: [b]ADDING LEND TO TYPE B[/b]

James-ST Moderator: [b]CANCEL UTHR WATCH, NO GAP[/b]

Ken-ST Moderator: Cancel PUMP, spread too big

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]APPX 39.65[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]APPX 39.65[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]APPX 39.65[/b]

James-ST Moderator: DELL CLOSE

Ken-ST Moderator: wb mtrade

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

Ken-ST Moderator: DELL and APPX is close

Ken-ST Moderator: market at lod

James-ST Moderator: Market trading below 50 ema on 5 minute chart, stochastics are down

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

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

joecgoodman: morning!

James-ST Moderator: hey joec

joecgoodman: hey James

James-ST Moderator: DELL CLOSE

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]DELL 39.65[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]DELL 39.65[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]DELL 39.65[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]DELL 39.65[/b]

trdr45: 29.65?

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]DELL 29.65[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]DELL 29.65[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]DELL 29.65[/b]

James-ST Moderator: ty trdr, if you can get 39.....[img id=em-5]

trdr45: lol

Ken-ST Moderator: APPX testing the 5 ema now

Ken-ST Moderator: watching for a pullback/consolidation

cleon: stop on dell?

cleon: #

Ken-ST Moderator: HOD 30.03

joecgoodman: are we looking to go long APPX?

cleon: k, thx

James-ST Moderator: Little more consolidation, and yes, joec

Ken-ST Moderator: we are trying to identify a long alert into the stock

Ken-ST Moderator: no signals yet

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]LEND 38.30[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]LEND 38.30[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]LEND 38.30[/b]

ahk: 41.18 on appx looked good

James-ST Moderator: sure did, too bad we didnt a couple bars of consolidation......

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

hawker: any stop for dell?

Ken-ST Moderator: LEND close, watching for a bid at the breakdown level

James-ST Moderator: Market new LOD

Ken-ST Moderator: 30.03 hawker

Ken-ST Moderator: Type B and C initial stops are the LOD

Ken-ST Moderator: penny below the lod

Ken-ST Moderator: or HIGH on shorts

hawker: ty

Ken-ST Moderator: yw

joecgoodman: is our stop on LEND way up at 39.76?

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]LEND 38.30[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]LEND 38.30[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]LEND 38.30[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]LEND 39.11[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]LEND 39.11[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]LEND 39.11[/b]

Ken-ST Moderator: If you want to opt for a tighter stop on LEND 38.6

Ken-ST Moderator: but the stock is volatile, and we will give the stock room to move

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IVAC 10.99[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IVAC 10.99[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IVAC 10.99[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IVAC 10.99[/b]

ak: IS GOOG trying to touch down $400 bye end of week or what?  CRAZY!!!!

James-ST Moderator: whoah

James-ST Moderator: 377, nice

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]RACK 16.64[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]RACK 16.64[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]RACK 16.64[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]LEND 39.36[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]LEND 39.36[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]LEND 39.36[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]LEND 38.36[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]LEND 38.36[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]LEND 38.36[/b]

James-ST Moderator: IVAC and RACK relatively close

James-ST Moderator: DELL new LOD

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DELL 29.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DELL 29.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DELL 29.76[/b]

Ken-ST Moderator: Ok gang we have very tight stops on both open positions

Ken-ST Moderator: Market still in its intraday downtrend

cleon: dell stochastics an issue or not really once you're in?

joecgoodman: it seems its always frustrating the day of a fed announcement that the markets just won't move for you

Ken-ST Moderator: not an issue

cleon: k, thx

Ken-ST Moderator: follw trends thereafter

jy: GOOG new high

cleon: geez...feels like 1999

James-ST Moderator: You on it jy?

Ken-ST Moderator: Dell misprint

James-ST Moderator: yeah seriously cleon

hawker: ken- lend stop is 38.36 right?

Ken-ST Moderator: Yes

Ken-ST Moderator: You can opt for entry as well

bearrally: getting crowded in here

Ken-ST Moderator: gm bear

James-ST Moderator: hey bear

Ken-ST Moderator: wb chuck

James-ST Moderator: hey check

joecgoodman: wow....DELL just spiked up and triggered my stop loss, but filled below my entry for a profit of 0.12

bearrally: what's going guys?

joecgoodman: big needles on the 1 min. of DELL

Ken-ST Moderator: joec, that is horrible how that happens

cleon: taking out stops??

Ken-ST Moderator: I cannot believe they would program a software like that

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

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

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

joecgoodman: TradeStation guarantees all of your trades to be profitable

cleon: dell's actually at lod now

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

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

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

bearrally: joe, you are kidding right?

joecgoodman: No, not kidding.  The catch is, some trades have negative profitability.

Ken-ST Moderator: lol

bearrally: lmao

cleon: LOL

joecgoodman: but they didn't tell me that until after I signed up

bearrally: joec, i like trade station

bearrally: used them for 10 yrs now

joecgoodman: the column wasn't wide enough to fit Profit/Loss, so they just put Profit and said every trade would have a number in there

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CSC 57.74[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CSC 57.74[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CSC 57.74[/b]

bearrally: lot's of new faces here

ahk: they come nd go

ahk: like money...................

joecgoodman: pity the ones that go

hawker: we all kinda look alike blue suits and yellow heads

joecgoodman: LOL hawker!

bearrally: hawker, lol

Ken-ST Moderator: hehe

joecgoodman: I thought I recognized you from somewhere. HA!

Ken-ST Moderator: all handsome I might add

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]RACK 16.64[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]RACK 16.64[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]RACK 16.64[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RACK 17.15[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RACK 17.15[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RACK 17.15[/b]

Ken-ST Moderator: Stochatics oversold

Ken-ST Moderator: but still in downtrend

bearrally: ken, 1 good short day and you have to say that

bearrally: lol

Ken-ST Moderator: lol

Ken-ST Moderator: 5 min chart...

mtrade: Ken what time frame to you recommend

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

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

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

Ken-ST Moderator: 5 min chart on the market.  It is ideal frame for our trading style

James-ST Moderator: Poor Dell......i do like their products though

cleon: just ordered a new one - btw, what would profit target be on rack?

cleon: 16.4ish?

James-ST Moderator: 16.47

cleon: k, thx

bearrally: james, don't think it is just a dell problem.

Ken-ST Moderator: 1% past your entry really

hawker: isnt LEND closed 38.36 stop?

cleon: boy, RACK needs a defib...

mtrade: close the entire position on dell

James-ST Moderator: You may be right....but their low price cost structure has killed them......HP is also killing them.

bearrally: you re going to scare a lot of people

James-ST Moderator: The real reason is they got rid of that kid who did their commercials....

bearrally: short dell at 29.65 and covered at 39.35

bearrally: james, lol

bulldogchip: appx went off and left us

Ken-ST Moderator: rack

Ken-ST Moderator: disregard that

bearrally: hey anyone buying real estate need to be careful

bearrally: my investors have been instructing us to start hiring forclosing staffs

James-ST Moderator: yeah bdc......nice one APPX.....but have to stick with strategies and wait for consolidation, would give a safe stop......otherwise would be chasing a runner that could easily reverse......

Ken-ST Moderator: thanks for the info bear

James-ST Moderator: lot of foreclosures coming bear?

Ken-ST Moderator: You can already tell the market is making a turn

Ken-ST Moderator: I see it in my area

Ken-ST Moderator: Neighbors are lowering their asking prices

bearrally: your area has always been a soft market since i've been in this businees

Ken-ST Moderator: Also taking a lot longer to sell

joecgoodman: from 3 million to 2.95 million?

bearrally: you guy has a highest conforming loan amoumt

bearrally: lol

hawker: we are stopped on Lend right?  38.36?

Ken-ST Moderator: Yes hawk

Ken-ST Moderator: sorry hawk that will be updated

Ken-ST Moderator: Stochastics coming up from oversold

mtrade: Ken what is the stop out price on lend

jy: Dell's a runner.

Ken-ST Moderator: 38.36

mtrade: ok thanks

Ken-ST Moderator: yw

James-ST Moderator: sorry mtrade.....stop sent.....scroll up

Ken-ST Moderator: Market now above the 5 ema , stochastics are up

Ken-ST Moderator: Downtrend broken.  Intraday market is now in sideways to uptrend

Ken-ST Moderator: 5 min EMAs have crossed down

Ken-ST Moderator: 20 EMA now below the 50 EMA

Ken-ST Moderator: gang, the action may start to slow

Ken-ST Moderator: being an FOMC day

cleon: what time is the meeting?

joecgoodman: 2:15 is the announcement I believe, but the meeting will start earlier

Ken-ST Moderator: Decision is out at 2:15

Hunter: : wheres CSC posted ?

mtrade: stop price on rack

Hunter: : oh thar it be ! lol

joecgoodman: dang it, RACK wants to do a little retracement here and our stops are just above the 50%.  Kinda scary.

James-ST Moderator: yeah hunter what are you talking about?

James-ST Moderator: lol, thanks

ahk: J remember the 41.18..................well waiting for those few extra bars was expensive

ahk: appx

James-ST Moderator: did you enter?

ahk: no

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

ahk: and I usually ignore you on those tyupes of trades!

Ken-ST Moderator: What type of trades?

ahk: the types where you want to see a few more bars

jy: Shorted CSTR yesterdy at closing 25.4 just exited at 24.39

James-ST Moderator: nice jy

jy: ty

James-ST Moderator: jy, bear, you guys holding ESRX short all the way?

jy: james, I just have a few put option on ESRX

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RACK 17.86[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RACK 17.86[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RACK 17.86[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RACK 16.86[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RACK 16.86[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RACK 16.86[/b]

jy: 16.86

James-ST Moderator: given enough time i think you guys will be ok......the problem with options though, is there is never enough time

jy: GOOG broke 380

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

Ken-ST Moderator: Note tha RACK is holding under its 5 EMA on 5 min

Ken-ST Moderator: We have now placed the stop just above the rally above the 5 ema

jy: Ken, is that the reason you tighted the stop even the stock has moved up in price ?

Ken-ST Moderator: Market is now in a sideways to uptrend

Ken-ST Moderator: we are looking to tighten now that we are moving close to the turn time and we are against the current trend

Ken-ST Moderator: the tightest area would be a rally point just above the 5 EMA area

jy: ic that point

Ken-ST Moderator: so, we are still giving the stock room to playout

Ken-ST Moderator: but keeping it tight and minimizing our risk

jy: ty

joecgoodman: will market makers see our stops just above the recent swing high and take them out on purpose? or is that all myth?

Ken-ST Moderator: more prevalent on listed stocks

Ken-ST Moderator: imo

Chris: Auto sales data will be reported today  could create some opportunities

Ken-ST Moderator: tx Chris, do you know what time?

Chris: I think around noon EST

joecgoodman: does listed stocks mean NYSE?

joecgoodman: and AMEX?

Ken-ST Moderator: ty

Ken-ST Moderator: yes joec

Ken-ST Moderator: symbols of 3 letters or less

joecgoodman: ok, thx

Ken-ST Moderator: Market testing the downtrending EMAs right now

joecgoodman: RACK is water drip torture right here

James-ST Moderator: DELL sub $400 laptop???  sure, that is how you address declining profits....make even cheaper computers......

cleon: ken/james, do you know if conditional orders on buys are visible to market makers like stop limits? or what's the real difference of using a conditional buy order vs. a buy stop limit, assuming both are setup as limit orders?

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

Ken-ST Moderator: That is usually setup on your computer

Ken-ST Moderator: Not seen by market makers

Ken-ST Moderator: conditional orders that is

cleon: cool, i'm having better luck with these than either market or stop orders (entries)

joecgoodman: James, the nice thing about those $399 laptops is that for only another $199 you can get a hard drive and RAM in it, too.

trdr45: but they can anticipate the ave. trdrs moves you need to keep that in mind

Ken-ST Moderator: Stops are different however

joecgoodman: trdr45, I agree.

cleon: right

joecgoodman: they know where traders place stops

James-ST Moderator: lol joec.....and for a little more you can get a power chord

joecgoodman: which you'll need cause they don't use batteries

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

cleon: i just bought a e510 from them for under $1k.  amazing...you can just search the web for discount codes - saved me $400

cleon: www.couponmountain.com

joecgoodman: nice tip, cleon

James-ST Moderator: ty cleon

johnboy: Heck I got my laptop for 9.99, although if you shake it, you lose all your memory........and no mouse, just two dials for left and right and up and down

cleon: also, btw, www.techforless.com is great for hardware (returns), guaranteed and warranteed.  Picked up a mass multiple triple-screen 19 for half price yesterday.  (don't worry, i'm not affiliated with either co.!)

joecgoodman: do they have any left, johnboy?

joecgoodman: mega thanks for that tip, cleon.  btw, cleon, every time I see your login name it makes me think Star Trek.

johnboy: sure, but be quick, christmas is coming...

cleon: literally half price of lowest available.  yes on joec, but limited invetorry.  might have to wait for what you want.  quad 17s available now but no more 19 triples as of yesterdy

cleon: LOL on star trek - not related ;)

joecgoodman: is a quad 17 four screens?

cleon: yes

cleon: four 17 inch flat panels (analog)

cleon: great site

joecgoodman: digitaltigers.com has nice stuff, very nice, but overpriced

James-ST Moderator: awesome cleon.....i am sure everyone in here is always looking for better computer setups for their trading

cleon: yeah, i setup my entire station for 1/2 my budget through dell's coupon, techforless, and some tech re-use of old stuff

James-ST Moderator: CSC......talking a gap up into no where.....nothing above and below it.....a break either way will be good......

cleon: of course, blew the savings yesterday on bad entries but i'll get used to it eventually :(

johnboy: cleon, should have blown the savings on some nice single malt............

cleon: did afterwards

Ken-ST Moderator: lol

joecgoodman: RACK is forming the thinnest descending triangle mathematically possible. dadgum fed day.

johnboy: lol

johnboy: well, I'll be away for a couple weeks, have a profitable November everyone and don't eat too much Halloween candy today

bearrally: cleon

joecgoodman: see ya johnboy

James-ST Moderator: hey jb where you off to?

James-ST Moderator: ah

cleon: y?

joecgoodman: stan48, r u having fun yet?

bearrally: how do you breakit down to 4 screen

James-ST Moderator: hahahahahh

bearrally: goog is unbelievable

cleon: two video cards with two outputs each, or a very high end card with four outputs but not practical

Ken-ST Moderator: Thanks for the links cleon

joecgoodman: dang, bearrally, you ain't akiddin'

bearrally: you can put 2 vidieo card?

cleon: just watch for analog vs. digital compatability and adapters, etc.

cleon: np on links

cleon: yes on cards, depedning on pc slot availability

joecgoodman: cleon, why is four outputs not practical....too expensive?

bearrally: thanks

hawker: I had 4 in my old computer..... thing was practically glowwing

James-ST Moderator: yes bear....once you go 2 video cards with 4 flat screens.....you will never be able to function again with one or even 2 screens

cleon: yes on four outputs, but it's all relative to your budget

cleon: aggree with james, i'm on three pcs right now and can't wait to consolidate

bearrally: i am on 2 screens now

bearrally: 2 20"

cleon: nice

James-ST Moderator: nice.....

joecgoodman: okay, Ken, the 5 ema has been working just as you said on RACK.  its moment of truth has arrived.

cleon: can't wait to go large screen LCD!

joecgoodman: me too, cleaon

Ken-ST Moderator: FOMC day gang, we will not be issuing any alerts until after the fed announcement at 2:15

bearrally: how do you stack them?

James-ST Moderator: Get a big L shaped desk.....

Ken-ST Moderator: yes joec

cleon: look at Mass Multiples website to see configurations

Ken-ST Moderator: stops can be easy

Ken-ST Moderator: well not easy

James-ST Moderator: or you can be like ken and make your own shelf to stack computers 2x2

cleon: http://www.massedi.com/

joecgoodman: Ken, what do you mean stops can be easy?

Ken-ST Moderator: but set at good levels if you look at the right things

Chris: The cheap way to get multi screens is to use Maxvista Server Software.  I have my desktop and laptop networked.  with this software, the laptop is an extension of the desktop screen

Ken-ST Moderator: sorry, not easy

Ken-ST Moderator: stops are the most difficult part of the trading strategy

Ken-ST Moderator: We explain the factors in the Market Assessment video

joecgoodman: I can certainly see that.

cleon: yeah, if you're on a tight budget, just buy used/old video cards and same with monitors.  anything a year or two old gets dirt cheap in that space.

Ken-ST Moderator: we keep it simple so that you can consistently identify the stop areas on your trades

Chris: www.maxvista.com   $29.95

cleon: ken, do you consider 20/80 oversold/overbought on stochastics?

James-ST Moderator: ty chris

James-ST Moderator: good info

Ken-ST Moderator: yes we look at that

Ken-ST Moderator: we look at that when assessing the market trend

cleon: k, just verifying numbers - i haven't worked with indicators too much

cleon: btw, last comment on station setups.  the beauty of multiple monitors is ONE keyboard, and ONE mouse - i.e., no typing in, or mousing quickly into the wrong pc...

James-ST Moderator: yep

joecgoodman: would it be ill advised to tighten RACK to 16.77 or so here?  I can be patient and leave my stop where it is, but only with some hand-holding. :-)

James-ST Moderator: keep same stop joec

joecgoodman: k

Ken-ST Moderator: you dont want to tighten to level within a range

Ken-ST Moderator: meaningless moves could get you stopped

joecgoodman: just what I needed to hear....thanks.

alaska: chris maxvista's website is closed for some reason

bulldogchip: Lend goes down now...arghhh

Ken-ST Moderator: but no matter where you place your stop joec.....

Ken-ST Moderator: you will be profitable

joecgoodman: can you elaborate?  that seems counter to my current understanding.

Chris: I typed it wrong -- it's maxivista   with an "i" www.maxivista.com

cleon: positive or negative LOL

joecgoodman: I feel like I've been too tight on my stops in the past.

Ken-ST Moderator: lol

Ken-ST Moderator: yup either negative or positive

joecgoodman: YOU GOT ME!!!!!!

Ken-ST Moderator: We look at two things for stops

Ken-ST Moderator: resistance/support areas and MAs area

Ken-ST Moderator: we look for two factors to set

Ken-ST Moderator: depending on market conditions we identify three possible areas for the stops

Ken-ST Moderator: Chris, Im showing the auto sales report out at 4:00 pm today, but I may be wrong

Ken-ST Moderator: The stops are the most important part of the trade plan

Ken-ST Moderator: it can make or break a successful strategy

Ken-ST Moderator: we strongly sugges the Market Assessment Video for this information

Ken-ST Moderator: it will help you to assess the market trends

Ken-ST Moderator: and identify the three areas for stops

Ken-ST Moderator: you will then use the market trends to assess which stop you use

Todd-SOF Direct: GM everyone

Chris: I wasn't sure what time.  I guess it could make for opportunities tomorrow.

joecgoodman: very good.  thx Ken.

Ken-ST Moderator: yw

joecgoodman: cleon, massedi.com is a nice site.

Ken-ST Moderator: hey TJ

tj: gm

Ken-ST Moderator: Hi Mark

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

Ken-ST Moderator: Please consider refraining from trading

Ken-ST Moderator: during this time

Ken-ST Moderator: It is FOMC day where the market often goes into a funk

Ken-ST Moderator: Furthermore, lunch is the most difficult time of day to trade

DonUrsulo: thx everybody, my first trading day at ST. DELL 1% - and LEND 1% (I ignored the 2nd stop.. probably a newbie mistake... was hungry for 1%..! see you tomorrow. Don Ursulo from Costa Rica

Ken-ST Moderator: Cool Don

Ken-ST Moderator: good to have you

Ken-ST Moderator: wtg

cleon: time for breakfast...

Ken-ST Moderator: cleon where are you?

cleon: denver, just haven't eaten yet

steveg: rack almost done knock on wood

Ken-ST Moderator: We usually scan for Type C opportunities during the lunch period but we will not issue any today

Ken-ST Moderator: FOMC

Chris: how long is lunch period?

Ken-ST Moderator: I have yet to go to Denver, but really want to go there

Ken-ST Moderator: That will be our next family trip perhaps

Ken-ST Moderator: Chris, lunch is normally until 1:00 - 1:30

Ken-ST Moderator: however today we will refrain from any alerts until 2:15

Ken-ST Moderator: due to the fed meeting

Ken-ST Moderator: Come on RACK, take out that 16.50 round number support

cleon: Great place to visit - weather is fantastick 90% of time.  Second highest rate of sunshine days next to your home town I believe (hawaii).

josh: do you know of a good place online for acryonm dictionary???

cleon: investing?  - investopedia, otherwise, websters site is good

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

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

jy: Rack profit

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

cleon: nice - finally!

joecgoodman: nice to meet you DonUrsulo!  see you next time.

joecgoodman: RACK hit prof targ

joecgoodman: yippee!!!

gp: Ken - I think you moved RACK with willpower!

joecgoodman: (only took half my profits...go baby go!)

Ken-ST Moderator: Hi kimmron

joecgoodman: Ken is part of the wall street insiders conspiracy.  If he'd just go ahead and admit it, he could raise the subscription rate.

Ken-ST Moderator: gp I think it was steve

mtrade: exit price on rack

steveg: you better knock on wood

Ken-ST Moderator: lol joec

joecgoodman: :-)

Ken-ST Moderator: any questions?

Ken-ST Moderator: For those who are new here, we divide the trading day into three periods, Morning, Lunch, and Afternoon

kimmron: hi everybody. we are back

Ken-ST Moderator: Morning is our most active and most profitable 9:30 - 11:00

Ken-ST Moderator: Lunch :  lowest success rate in general 11:00 - 1:00

Ken-ST Moderator: Afternoon:  1:00 - 3:30

Chris: Does volume dry up during lunch?

mtrade: Ken what is the exit price on rack

Ken-ST Moderator: we suggest 1% past your entry

cleon: one more order question - a limit order will always trade at the limit, or a more favorable price, correct?  i.e., on  a SHORT, you could theoretically place a LIMIT order to BUY vs. a STOP LIMIT and end up covering at your target or better?  just want to make sure i've got it down pat.  thx.  then i'm off to breakfast - LOL

Welcome to SwingTrades.com!

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You can now talk

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Ken-ST Moderator: we will record it at 16.47

Ken-ST Moderator: wb James

Ken-ST Moderator: Yes cleon, Limit will fill you at that price or better

steveg anyone know the exact time of the FOMC announce?

Ken-ST Moderator: If there is something better, Direct Access will try and get you that price

cleon regardless of direction, i.e., it's position-friendly short vs. long

Ken-ST Moderator: 2:15 pm est steveg

steveg thx ken

Ken-ST Moderator: Not sure what you mean by that cleon

joecgoodman mtrade, if you took partial profits on RACK with the room at 1%, you then moved your stop to break even on the remainder, right?

cleon i think that's why i'm stil hung up on the difference in benefit between a stop limit vs. limit.  i guess a stop limit would be preferable if you are waiting for a breakout and going long, right?

cleon otherwise, a limit would have you buy earlier, considering it more beneficial on a long? sry for so many order questions!

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.

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Ken-ST Moderator: cleon: np

James-ST Moderator: Old guys here...will repeat that everyday...can't stress how helpfull a visula of the SPX is to help in your daytrading.

James-ST Moderator: visual

Ken-ST Moderator: Limit order will execute you at that price or better

Ken-ST Moderator: Stop limit is the same thing, the only difference is that the Stop price defines WHEN the order is sent.

James-ST Moderator: hey stan48.......

cleon k, done with the order questions, thx again!

Ken-ST Moderator: np

josh thk for asking cleon I was wondering the same thing

cleon np LOL

cleon thk ken!

Ken-ST Moderator: np

josh thanks ken

Ken-ST Moderator: please do not hesistate on asking

James-ST Moderator: Silvia did her hair today.....

James-ST Moderator: nice

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

James-ST Moderator: Going for the bowl haircut i see

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James-ST Moderator: hey bearrally, are you taking on GOOG anytime soon?

cleon not a question, but a sanity check, ken, i'm finding the best entries to be when i use conditional orders with discretionary limits - otherwise i get no fill on limit entries and get bad fills on market orders because it moves faster than i can react - not the broker in this case, user error.  does my approach make sense, or is there a downfall to 'automating' the entry via conditional and discretionary limit (for entry price control)

cleon or james for that matter

Ken-ST Moderator: its all a matter or preference.

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cleon LOL, cheap answer! anyway, thanks guys, i've probably read 40 books in the last two months, all the classics, etc., and gotten more out of tactics in the 1 week that i've been part of this group!

Ken-ST Moderator: Some may prefer to use a limit order to cap the amount of slippage

cleon that's what i mean by limit with discretionary

Ken-ST Moderator: you may opt for something a little loose to give you a good chance of getting in while not letting it get too far ahead

cleon limit + .05, etc.

Ken-ST Moderator: the thing is cleon you will need to be flexible

Ken-ST Moderator: .05 on dell is a lot

cleon i'm basing the discretionary part on the price, i.e., 20% of profit potential (in this case of the 1% move)

Ken-ST Moderator: .05 on GOOG is very tight

Ken-ST Moderator: It all depends on the price of the stock and its volatlity, liquidity

Ken-ST Moderator: again, the profit potential we are lookinig for is a minimum of 1%

cleon i am using .10 (25%) 0n a 40 price stock, etc.  e.g., 20-20% of the profit potential is my discretionary

Ken-ST Moderator: we suggest taking 1% past your entry

cleon 20-25%

Ken-ST Moderator: we are just showing what kind of effect 1% has on your portfolio

cleon ok, we're saying the same thing, thx

Ken-ST Moderator: yes

Ken-ST Moderator: good

James-ST Moderator: For the new guys here.....feel free to ask questions.....also, you may open private chat with one of the moderators if you would like to discuss things in private.

cleon but no real downfall to automating, right??

cleon i can take this offline later to free up chat

Chris CNBC is reporting that they expect the FED report at 2:00 - 2:15

cleon thx chris

James-ST Moderator: If you have trading platform questions (technical/advice) please talk to Todd here......he can set you up with a demo platform of the ones we use and recomend here.

James-ST Moderator: ty chris

Ken-ST Moderator: no real downfall

cleon k, you rock

cleon thcx

Ken-ST Moderator: again whatever works best for you

Ken-ST Moderator: you will get better at it with time

cleon agreed...doing better already

Ken-ST Moderator: nice

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Ken-ST Moderator: wb

ahk ty

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ahk listen CSC is a takeover rumour

ahk is it appropriate?

Ken-ST Moderator: Usually it is still ok

alaska so that's why csc is up?

James-ST Moderator: looks lie it.....

James-ST Moderator: like

James-ST Moderator: No trigger, no problem....

James-ST Moderator: but, in the past we have played acquisitions takeover plays involving stocks.......like all stocks the price and action can still fluctuate......shareholders' way of approving/disapproving the mergers

James-ST Moderator: RACK and DELL new LOD

joecgoodman 1/2 my RACK still INTACK

Ken-ST Moderator: nice

Ken-ST Moderator: wtg

joecgoodman my stop is now at 16.39, .08 below old profit target :-)

joecgoodman did I mention yet that I like this room?

Ken-ST Moderator: lol

Ken-ST Moderator: cool man

Ken-ST Moderator: good to hear

Ken-ST Moderator: hey we are always looking for good testimonials to put on the site

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Ken-ST Moderator: please mention how good looking the moderators are if you send in any....

Ken-ST Moderator: wb Chris

joecgoodman does the fact that the room transformed me from a losing daytrader into a consistently winning daytrader count as a testimonial?

Chris Thanks

Ken-ST Moderator: yup

Ken-ST Moderator: on second thought dont mention the handsome part....they'll know you are lying

joecgoodman gee, you guys will take ANYTHING, won't you?

joecgoodman perhaps, but I do like your shirt.

Ken-ST Moderator: lol

Ken-ST Moderator: DELL new lod

joecgoodman remember that spike that triggered my stop on DELL, but filled me .23 lower for a profit, albeit only .11?

joecgoodman well, it's gone now!  bad tick.  and I have screen prints of before and after.

James-ST Moderator: I dressed up as Ken last nite for a Halloween Party....the response was room clearing......

joecgoodman not that I have a case, I'm sure they have plenty of disclaimers to cover bad ticks.

Ken-ST Moderator: lol

Ken-ST Moderator: We'll I was going to dress up as James, but didnt want to end up on Discovery channel.   "More Big Foot Sightings"

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

Ken-ST Moderator: plus I coudnt find enough hair to cover my body with

James-ST Moderator: DELL is getting beat, i better order a new one before they go bankrupt

Ken-ST Moderator: James you had better not

Ken-ST Moderator: You had the same idea with Krispy Kreme....

Ken-ST Moderator: they still went bankrupt

trdr45 bummer great donuts

Chris I've never had good luck with Dell...or Gateway for that matter

Chris their computers I maen

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cleon hey mods, for case study reasons, would you look for Dell closing above it's 5-EMA now as a secondary exit?

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James-ST Moderator: i must be on by 4th or 5th Dell......never had a problem....

joecgoodman http://blog.wired.com/gadgets/    probably not powerful enough for traders yet, but check out the future...a wall jack that is a computer.

James-ST Moderator: yes cleon good idea......secondary exit is up to the trader......some use trailing stops, some find resistance levels on the way into the money, others use closes above the emas.......

Chris the company I used to work for bought Dell laptops exclusively.  I went through one about every 6 months

cleon wish it were my idea! from the tapes...

James-ST Moderator: yep cleon

cleon actually, that brings me to another question from the tapes, do you use the 1 1/2% rule for stops much? or more often technicals?

joecgoodman ooo, ooo, can I answer that?

cleon LOL - just curious what we're using and too lazy to check back on the previous trades :)

Ken-ST Moderator: lol joec

James-ST Moderator: Dell is going the way of the auto makers imo......they are confusing greater sales to success.....yet they are sacrificng profit margins to the point they aren't making much on all the greater sales

Ken-ST Moderator: Horsechack comes to mind

James-ST Moderator: Just Type A's cleon

joecgoodman 1.5% stops are for Type A trades, Klingon.

joecgoodman oh man, I wanted to show how good of a student I am.  :-(

cleon we can all knock Dell, but hey, wouldn't you like to be Mike? LOL.   ahh, that's right, thanks joec!

Ken-ST Moderator: lmao

James-ST Moderator: hahahahahha

Ken-ST Moderator: brb gang

joecgoodman I sat next to Michael in a meeting once when I worked for DELL.

cleon why trade, when you can just buy the exchanges...LOL

joecgoodman Very quiet guy.  His wife is gorg, maybe even better than the billions.  Nahhhhhh....

James-ST Moderator: wait......

James-ST Moderator: joec, you mean to tell me you worked at Dell.........sat next to Michael Dell......and hit on his wife?

cleon LOL...good move JoeC!  actually, Gates kills me, can you imagine having that kind of cash.  i would think at that point, money would basically be irrelevant.  don't like the hotel, buy the country...

joecgoodman dang it, RACK took me out

ahk joec has quite an imagination

James-ST Moderator: joec you really worked at Dell?

joecgoodman filled a dime past my stop, too!  (still profitable thought)  yes, I worked at DELL, James.

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cleon employee #3?

joecgoodman don't I wish.

cleon that would be nice

James-ST Moderator: hey jy

cleon sort of like being the first barista at Starbucks ;)

joecgoodman the 50 shares of stock I sold for $1100 net in 1993 would pay for my house twice now.

cleon ouch

James-ST Moderator: gah

cleon well, at least you had a chance to short the stock now!

James-ST Moderator: yep

joecgoodman for you folks in CA and HI, my house is only $170k, but still, wish I hadn't sold.  I guess that's my worst exit to date.

joecgoodman neighbor still works for DELL, sold some of his shares to buy an Explorer and a boat.  He refers to them as his....

cleon my first wife was my best exit to date

joecgoodman $250k Explorer and $100k boat. :-)

James-ST Moderator: lol cleaon

James-ST Moderator: kilngon

James-ST Moderator: ooops

cleon sry, just had to say it LOL

Chris do you think Dell is setting up for another short?

joecgoodman Ken, James, is there a best joke of the day award?  If so, please forward it to cleon....he has me in friggin' stitches!!!!!!!!!!

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joecgoodman anyone who shorts DELL has some BBO

James-ST Moderator: Chris, after the FOMC we will examine it again

joecgoodman chris, I had my head thinking long term....I don't have an opinion on a daytrade short of DELL.  I'll leave that to Ken and James.

Chris yep

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cleon INTC had a nice chart today also

joecgoodman the following supports Chris's prior comment about DELL's machines I suppose:  "Dell said it expected to post a profit of 25 cents per share for the third quarter, including charges of $450 million or 14 cents per share related to restructuring and a defective product."

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James-ST Moderator: yeah, saw that joec.....that is one heck of a defect

cleon btw, Jose, Murphy's book on TA is great, one of the big three on the subject - Pring, Edwards, Murphy.  I thought Murphy's was the easiest to follow.

cleon on that subject, anyone know any good books on 'daytrading' tactics?  not general investing/stocks?  Pring has one on TA setups for day trades but I haven't read it yet - wondering if anyone had some good choices.

joecgoodman cleon, would you be interested in a good video on daytrading?

cleon sure - also, Ken/James, how does INTC look for a short (recent lows?)

joecgoodman http://www.swingtrades.com/education.htm

cleon below 22.8ish

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cleon covered swingtrades, looking for broad tactical advice

joecgoodman ....sorry, couldn't resist.  Did you mention you've seen their video already?

James-ST Moderator: INTC needs to clear 22.74....

cleon yep

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James-ST Moderator: Sept 19 lows.....looks like it has consistently bounced off of that level

cleon k, thx

James-ST Moderator: Overall daily chart for INTC.....stochastics down, downtrending below all moving averages, found resistance to upside from 5 day ema......not sure how much more downside it has but i would not want to be long on it......

cleon yeah, doesn't look pretty

cleon for a long at least

cleon i think i'm going to start entering a thought for the day in my login, similar to stan48 ;)

trdr45 AMED- charts bullish

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Ken-ST Moderator: back

James-ST Moderator: Unusual market in general.....you see stocks like GOOG and CME and you think the internet days.......but then you see stocks like INTC and DELL falling apart.....

Ken-ST Moderator: not your typical market

James-ST Moderator: lol cleon, i see stan48's name and i think "fun" for some reason

cleon i know, weird, energy and oil all over the place

cleon u guys filter your stocks by volume at all? or have a low price limit on what you would consider a good stock to work with?

James-ST Moderator: nice trdr, i like how AMED filled that gap made on August 1

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Ken-ST Moderator: wb hapeko

Ken-ST Moderator: off topic

Ken-ST Moderator: but did anyone here about Halle Berry having 6 toes on her right foot?

James-ST Moderator: No stocks below 10 bucks for our strategies and 3 month moving average of 1 million at elast

James-ST Moderator: 1 million volume that is

cleon elast?

Chris somehow, I never noticed her feet

Ken-ST Moderator: You may still apply the strategies in the same fashion to those sub $10 stocks

James-ST Moderator: I didn't notice that the other nite, but i wasn't looking down there ken

James-ST Moderator: least

cleon ah..ok.

cleon do you filter on HV (volatility) or the strategy pretty much implies it?

Ken-ST Moderator: no we do nt

Ken-ST Moderator: not

Ken-ST Moderator: we scan daily charts to see if they have at least the 1% profit potential

Ken-ST Moderator: it is clearly seen on the daily chart

cleon i assume volume takes care of market cap in a sense...as long as it's trading, doesn't matter?

Ken-ST Moderator: 3 month avg of 500k that is

James-ST Moderator: Market totally flat.......dont trade gang, nothing hapening until FOMC

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bearrally tough day

cleon you guys should do a video on how to screen/scan throughout the day, have more eyes looking...

James-ST Moderator: FOMC......nothing going on

Chris It's amazing how flat the 5 min SPX line is

Ken-ST Moderator: hey bear

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cleon i know, talking longer term

Ken-ST Moderator: Good idea

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cleon PETS had a nice day

jy GOOG moving down fast

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bearrally jy, not as fast as i need it to move

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Ken-ST Moderator: hi Lax

James-ST Moderator: hey lax

LAX Hi all

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Ken-ST Moderator: wb

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Ken-ST Moderator: Real snoozer today

Ken-ST Moderator: wb ahk

ahk ahhh

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Ken-ST Moderator: wb

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ak ty

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James-ST Moderator: FOMC in about 15 minutes

James-ST Moderator: Dont see much moving

cleon drum roll please - mkt will move at the first misplaced preposition in a sentence...

James-ST Moderator: lol

ahk or after Greenspan belches

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Ken-ST Moderator: wb

Ken-ST Moderator: Ok lets do a recap of where the market is

Ken-ST Moderator: Daily Chart: above the 5 day EMA, stoch in uptrend

Ken-ST Moderator: Hourly Chart: uptrend

Ken-ST Moderator: 5 min:  downtrend, with stochastics between the 20 and 80

Ken-ST Moderator: market has converged into a very very tight range

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Ken-ST Moderator: wb

Ken-ST Moderator: any questions gang?

Ken-ST Moderator: Let the dust settle after the announcement

cleon what's the average wingspan of an African swallow?

jy Fed's decision should be out in the next 10 mins. let's see how the market will do.

Ken-ST Moderator: lol cleon

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cleon probably dating myself with the Monty Python reference...

Ken-ST Moderator: which African swallow, yellow or blue

joecgoodman what's the average Greenspan of an after market what?

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

Ken-ST Moderator: That is a classic cleon

joecgoodman did you ask what Greenspan usually swallows before the announcement?

Ken-ST Moderator: lol

joecgoodman no, the new chairman isn't African, cleon, he's another middle aged white guy

joecgoodman did I hear your question right?

cleon lol...i'm staying out of this one

cleon interesting to watch SPY's range keep increasing

jy GM is pulling the DOW down - GM down 1.73% due to poor car and truck sales.

James-ST Moderator: geez what did GM expect after they were selling all those trucks the last 12 months for breakeven?

cleon no kidding

joecgoodman hey cleon, I'm a middle-aged white guy too, if 41 qualifies for middle age.

joecgoodman good point, Jamester.

cleon LOL...two years behind you

joecgoodman my Tempur Pedic stock tanked and they blamed it on GM.  I'm not making this up.

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Ken-ST Moderator: Hi alex

joecgoodman GM made me hold onto a bad trade, too.  It's all their fault.

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

jy James, went to my ATM and shorted it at 7.05 in the morning -set stop at 6.86

Ken-ST Moderator: nice

cleon spy seems to be moving now

joecgoodman my seat belt is fastened....ready for the spike up and down or down and up that we're about to see.

James-ST Moderator: telling you jy.....just hold it until MOVI goes bankrupt.....

James-ST Moderator: Netflix, Videos on Demand, etc.....way of the future.....Blockbuster and Movi is dead.....my blockbuster in my area recently cut down to about 1/3 of their square footage

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jy or may be $0.9

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jy BBI is at 4.32

Ken-ST Moderator: Market closing in on the lod

Ken-ST Moderator: dont guess the market gang

cleon not sure if netflix will even make it.  why bother with physical shipments once bandwidth is readily availble?

Ken-ST Moderator: wait for the dust to settle and watch for breakouts

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Ken-ST Moderator: wb bear

ahk fomc non event

joecgoodman the news is in...I'm sure everyone has cnbc on (except Ken and James)

cleon whoa...see spy move?

Ken-ST Moderator: 1/4 hike

ak Fakeout??

Ken-ST Moderator: Too early to say

Ken-ST Moderator: the market has done nothing

Ken-ST Moderator: meaningless so far

ahk fed blame it on the hurricane

cleon still within day's range, rt?

ahk greenspan=moron politician

Ken-ST Moderator: futures nearing the hod

Ken-ST Moderator: not saying much though

Ken-ST Moderator: stoch up

Ken-ST Moderator: market above the 5 ema

jy The Federal Open Market Committee increased its target for overnight interest rates by a quarter percentage point to 4.0% Tuesday. This is the twelfth straight meeting with a quarter-point rate hike. Rates are at their highest level since June 2001. The increase in the federal funds rate was expected by traders and economists on Wall Street. The vote was unanimous. The committee once again concluded that its monetary policy stance remains accommodative and that this "accommodation" could be removed "at a pace that is likely to be measured."

Ken-ST Moderator Update!

Ken-ST Moderator: Cancel Type A CME

Ken-ST Moderator: ty JY

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joecgoodman market going up...there went bearrally

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]APPX 45.01[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]APPX 45.01[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]APPX 45.01[/b]

Ken-ST Moderator: APPX not typical play here, but we have a tight stop

Ken-ST Moderator: if triggered

James-ST Moderator: Careful gang.....we have been through dozens of FOMC announcements......give it a good 30 minutes.....what may look like a move on the market may fail......and zigzag

Ken-ST