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Chat Transcripts

11/03/05 Chat Session

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

alaska: hi

run1: morning ken

Ken-ST Moderator: Just one Type A for now.

Ken-ST Moderator: Some other stocks near nice trending areas...DRIV, GRMN

alaska: qcom and pcln might be type Bs

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

jjwolfe: GM All

Ken-ST Moderator: ty alaska

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

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

DonUrsulo: gm everybody

Ken-ST Moderator: [b]Good Morning[/b] [b]Rohrbacher, Yorba[b]

Yorba: gm

Rohrbacher: gm

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

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

Flor: gm Ken

steveg: gm all

jjwolfe: PETE=PEET?

Ken-ST Moderator: lol yes

Ken-ST Moderator: ty

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

hawker: hey Ken, all

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

Nelson: good morning

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

bulldogchip: gm Ken

hawker: Ken- This has probably been asked and answered 100 times but I was wondering if a recommendation for a swing trade, if not triggered the day recommended, is still a buy or short if triggered a few days later?

Todd-SOF Direct: gm everyone

cleon: gm

Ken-ST Moderator: No hawker, only if it is in the current DailyAlert

mtrade: good morning Ken

Ken-ST Moderator: [b]Good Morning[/b] [b]kimmron, cleon, gp Todd, mtrade[b]

kimmron: gm everyone

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

stuart gm ken, all

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Terry has entered DayTrading Chat

Chris GM all

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

gp morning all

Terry gm

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char has entered DayTrading Chat

char gm all

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

trdr45 has entered DayTrading Chat

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

trdr45 GM Ken James ...all

tj has entered DayTrading Chat

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Ken-ST Moderator: [b]Good Morning[/b] [b]tj, tomh[b]

tomh gm

tj good morning

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

Diaz has entered DayTrading Chat

Nelson I'm new here as of yesterday. I noticed that the trigger for Type A is listed, but not for Type B. Is there a reason for that?

alaska has logged out

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

Violet gm Ken

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

Ken-ST Moderator: Yes Nelson: the breakout prices for the Type B are identified after the market opens

JP has entered DayTrading Chat

Ken-ST Moderator: Those are the gap plays we are watching

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

JP Hello

Nelson okay, so you'll give us that information later...

Nelson I understand.

Ken-ST Moderator: Yes,

xx has entered DayTrading Chat

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Ken-ST Moderator: It will not be listed on the table to the left, but rather posted here with a 'Watching Alert'

ak has entered DayTrading Chat

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

ak gm all

rno gm

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alaska has entered DayTrading Chat

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

Ken-ST Moderator: wb alaska

xx type b? SFCC, RDEN, KYPH, MVSN, ABGX, ONXX

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

pancho gm

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tcat has entered DayTrading Chat

cleon ken, some more to look at for Type A if you get bored ;) CKFR, DELL, RHAT, FCBP

Flor has logged out

alaska sbl is another gapper

jy has entered DayTrading Chat

jy gm

tcat gm all new guy here

xx ABGX fits

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Flor has entered DayTrading Chat

alex gm all

xx has logged out

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Ken-ST Moderator: nice cleon. However a few those have a tail that is a little long

Ken-ST Moderator: RHAT is nice, but it is on our Swing Trades list

Ken-ST Moderator: we will not call it in here, but it is a defninite Type A / swing trade setup

cleon cool - just pracicing - thx for the feedback

xx has entered DayTrading Chat

cleon practicing

Ken-ST Moderator: [b]Good Morning[/b] [b]chuck, tcat, Flor, jy, xx alex, Reust[b]

Ken-ST Moderator: good man

Ken-ST Moderator: nice

arcpros has entered DayTrading Chat

cleon clarification - when you say tail - you mean not enough of a recent well-defined trend?

Ken-ST Moderator: It retraced a lot from the recent high

tj has left the room

cleon ah..ok. thx

Ken-ST Moderator: so for those we would evaluate near the breaout level being that it is coming from a long ways away

Ken-ST Moderator: xx thanks for the list

cleon got it

Ken-ST Moderator: Ive added MVSN and RDEN

arcpros gm Ken...

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Reust One quick question about this room: Do you start trading from the bell or do you wait for setups before your calls?

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

Ken-ST Moderator: we wait for the setups

pvg6799 gm

Ken-ST Moderator: some come just after the bell

Reust Thanks

arcpros pvg?

Ken-ST Moderator: yw

Ken-ST Moderator: Market assessment:

Ken-ST Moderator: Daily chart above the 5 day EMA, stochs up

Jose has entered DayTrading Chat

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 5 points

Ken-ST Moderator: Just me today, so please bear with me

xx sound test please

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Ken-ST Moderator

Ken-ST Moderator: sound test

cleon got it

Hunter : gm guys

Ken-ST Moderator: ELOS resistance just above

Ken-ST Moderator: hold off on any hod for now

Braber has entered DayTrading Chat

Ken-ST Moderator: IMCL near support as well

Todd-SOF Direct has entered DayTrading Chat

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]GOOG 385.01[/b]

Ken-ST Moderator

brier has entered DayTrading Chat

Ken-ST Moderator: Cancel RDEN, spread too big

Slwidener Is my chart frozen? My AET Chart is not moving and the last sell is 88.87. Is anybody elses AET chart moving?

Ken-ST Moderator

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

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]MVSN 16.49[/b]

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Ken-ST Moderator: GOOG is close

som Hi all

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IMCL 29.49[/b]

Ken-ST Moderator

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]GOOG 385.01[/b]

Ken-ST Moderator

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 379.23[/b]

Ken-ST Moderator

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]IMCL 29.49[/b]

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PCLN 23.86[/b]

Ken-ST Moderator: ITS CLOSE

alex has logged out

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PEET 25.24[/b]

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Ken-ST Moderator

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

Ken-ST Moderator

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

Flor stop on IMCL?

Reust IMCL?

Ken-ST Moderator

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

yuksek has entered DayTrading Chat

mtrade goog stopped

Ken-ST Moderator: yes

som has logged out

Flor has logged out

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Ken-ST Moderator: wb

Ken-ST Moderator: PEET within striking distance

Ken-ST Moderator: PCLN as well

Ken-ST Moderator: SFCC tankage

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PEET 25.24[/b]

Ken-ST Moderator: its close

Ken-ST Moderator

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]PEET 25.24[/b]

Ken-ST Moderator: Many stocks fading their gaps

Ken-ST Moderator: be patient gang, the fad signals take time to develop

cleon do you use the 1-min during the first few minutes of the day?

alaska stop on peet?

Ken-ST Moderator: Yes cleon

Ken-ST Moderator

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]MVSN 16.49[/b]

Ken-ST Moderator

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

xx wtg K

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Reust PEET

jy stop on PEET ?

Ken-ST Moderator

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PEET 26.03[/b]

Ken-ST Moderator: Will look to tighten

Ken-ST Moderator: PEET actually made a 1% move, but we will wait for another touch of that

Ken-ST Moderator: actually not

Ken-ST Moderator: sorry I was looking at the wrong cahrt

Ken-ST Moderator: chart

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ELOS 41.54[/b]

Ken-ST Moderator: Watching for rally/consolidation on KOSP

mtrade stop lose for peet

Ken-ST Moderator: yes

xx K I missed Peet...........too late to enter or hold off

Ken-ST Moderator: we stand by any of our open trades

Ken-ST Moderator: AEOS also testing its 5 ema

Slwidener Go RHAT go!

mtrade stop price for peet

Ken-ST Moderator: 26.03

Ken-ST Moderator: if you want a tighter stop 25.55

Ken-ST Moderator: but we will keep loose with market overbought and near a resistance area on daily

Ken-ST Moderator: Not much support below PEET

Ken-ST Moderator: ELOS is close

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ELOS 41.54[/b]

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PCLN 22.79[/b]

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GPRO 43.49[/b]

Ken-ST Moderator

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ELOS 41.54[/b]

Ken-ST Moderator

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

stuart Good job Ken

JP Good call on ELOS Ken

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AEOS 25.29[/b]

Ken-ST Moderator: Ty

Ken-ST Moderator: way to go

Ken-ST Moderator

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PEET 25.84[/b]

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Ken-ST Moderator: If PEET hits target, it will produce another short signal

Ken-ST Moderator: although we will not call it, it provides another opportun.

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

tj gm

Ken-ST Moderator: [b]Good Morning[/b] [b]anyone else I missed[b]

Ken-ST Moderator: PCLN is close

JP QCOM at LOD

Ken-ST Moderator: Not too bad JP

Ken-ST Moderator: lets wait for a consolidation

Ken-ST Moderator: Adding QCOM to watch

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]QCOM 42.49[/b]

Ken-ST Moderator: PEET has room to fall

Ken-ST Moderator: Market under the 5 ema

Ken-ST Moderator: Stoch is in overbought

Ken-ST Moderator: watching to see if it comes down through the 80 line

Ken-ST Moderator: greenspan speaking

Ken-ST Moderator: SFCC consolidating under its 5 ema on 5 min

arcpros Ken what do you think are the hod for elos & rhat?

Ken-ST Moderator: the hod for RHAT is 24.49 right now

Ken-ST Moderator: ELOS hod is 43.34

Ken-ST Moderator: Market below the 5 ema

Ken-ST Moderator: Market near the lod

xx is SFCC a play for us?

Ken-ST Moderator: SFCC may see some sell off at a new lod

Ken-ST Moderator: after that steep sell off Im trying to find a tight stop;

xx k

Reust Is there any way of getting a list of current calls?

Ken-ST Moderator: 30.85 is a stop area right now that I can see

Ken-ST Moderator: GPRO LOD, AEOS LOD, PCLN LOD

Ken-ST Moderator: all looking for shorts

Ken-ST Moderator: nothing near the HOD for longs

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFCC 29.81[/b]

Ken-ST Moderator: Risky play gang

Ken-ST Moderator: but we will play a tight stop

Ken-ST Moderator: if triggered

cleon 29.80 or .8i1?

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFCC 29.80[/b]

Ken-ST Moderator: ty cleon

cleon np

Ken-ST Moderator: RDEN has a signal at 19.09 if you are daring.....spread is big though

Ken-ST Moderator: short signal that is

mtrade adding sfcc

Ken-ST Moderator: yes

Ken-ST Moderator: added

Ken-ST Moderator: RDEN made a nice move

Ken-ST Moderator: PEET testing is 5 ema now

Ken-ST Moderator: RDEN nice 3% move from the short entry

Ken-ST Moderator: MVSN new LOD

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]

Ken-ST Moderator: Stochatics have come down through the 80

Ken-ST Moderator

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

Reust Any entry on MVSN?

Ken-ST Moderator: We played it this am

Ken-ST Moderator: but it is still within trend

ak has logged out

Ken-ST Moderator: so the secondary exits would still be in

Reust ok

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Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PEET 26.38[/b]

Ken-ST Moderator

Ken-ST Moderator: Hold off on that PEET call... Lets wait for some consolidation

mtrade I see

Ken-ST Moderator: MVSN tankage

mtrade still leave qcom order in???

Ken-ST Moderator: Currently looking for shorts at new LOD on GPRO, QCOM,

Ken-ST Moderator: and SFCC

JP symc opinion? Hitting LOD

Harris wow, trading PEET is awefully difficult with it chopping back and forth

Ken-ST Moderator: Its volatile

Ken-ST Moderator: Nice trend on SYMC

jy shorted MVSn at 16.33 2nd time and exited at 16.12

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Ken-ST Moderator

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]GPRO 43.49[/b]

Ken-ST Moderator: For those momentum plays you may use countertrends to the 5 EMA on 5 min, then buy a contniued breakout in the direction of hte trend as your entry

Reust The former chatroom let us call up a list of calls. Is that functionality available here?

Ken-ST Moderator: stop at the low of the pullback

Ken-ST Moderator

Ken-ST Moderator: You can scroll up

Reust That's a big pain...

Ken-ST Moderator: are you referring to the alerts that have not been triggered?

Reust Yes

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GPRO 44.03[/b]

Ken-ST Moderator: Do you have alerts on your trading platform?

Reust It would be nice if you caould add a column to your charts for that...

Ken-ST Moderator: We are looking into that

Ken-ST Moderator: thank you Reust

Reust thanks

Ken-ST Moderator

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

Ken-ST Moderator: Nearly a 5% breakdown for the short signal on RDEN

Reust AEOS getting weaker

Ken-ST Moderator: Nice

Ken-ST Moderator: There's the 20 EMA coming into play again

Ken-ST Moderator: Nasdaq near the HOD

Ken-ST Moderator: Market nearing the hod

Ken-ST Moderator: ELOS would also make another valid short signal at a new LOD

tj has logged out

Ken-ST Moderator

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

Ken-ST Moderator: MRK court decison affected the market futures

cleon where would you put a stop on ELOS - 41.51, or too tight?

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Ken-ST Moderator: nice jy

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

Reust has logged out

stuart Nice call on ELOS K

Ken-ST Moderator: You got a piece of that stu?

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PEET 26.38[/b]

stuart yes, but small.

Ken-ST Moderator: cool

cleon ken, any rec on ELOS stop?

cleon unofficial

Ken-ST Moderator: 41.51

Ken-ST Moderator: what is your entry?

cleon cool - thx

Ken-ST Moderator: well entry now

cleon got in at 40.6

Ken-ST Moderator: and you should consider taking at least some profits

Ken-ST Moderator: PEET is close

cleon did just now

Ken-ST Moderator: that sob

cleon moving stop to entry

Ken-ST Moderator: nice

kimmron Ken, did you consider adding an audio to your chat room? From my experience in another chat room this helps a lot in particular for the alerts when U are not watching the screen at this moment

cleon wow - really moving

cleon chk it out

stuart I just bailed

Ken-ST Moderator: kimmron, we do have audio

Ken-ST Moderator: We post an audio before every alert

Ken-ST Moderator: nice stu

Ken-ST Moderator: gj

cleon scaled out 75% but traling the rest

stuart small position, but still made out sorta big.

stuart well for me that is

Ken-ST Moderator: nice

cleon thx for the rec

kimmron Ken, Tks. didn't know this

Ken-ST Moderator: np kimmron

Ken-ST Moderator: make sure you are on Sun Java

Ken-ST Moderator: instead of Microsoft Java Machine

Ken-ST Moderator: I think tha helps

Ken-ST Moderator: Stochastics still in downtrend

kimmron Ken, I have a Java. Tks

xx QCOM hod trigger?

Ken-ST Moderator: sure np

Ken-ST Moderator: xx, we will hold off

xx same w PEET?

Ken-ST Moderator: its trading into a recent red candle, and market stochastics are down

Ken-ST Moderator: PEET we have a HOD alert

alaska kimmron, unfortunately you have to enable message audio in options every time you sign in, hopefully they can change it to being on by default in the future.

Ken-ST Moderator: I will suggest that right now alaska

cleon strange issue with your audio - mine stays active between session np

Ken-ST Moderator: sorry I didnt know about that

cleon might be a default setting somewhere

stuart Mine as well

alaska interesting...

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kimmron Ken, where can I get a short tutorial how to set up the audio?

alaska maybe "lock user selection"?

Ken-ST Moderator: wb tomh

Ken-ST Moderator: there is no short tutorial on that

Ken-ST Moderator: you are getting suggestions right now from our members

cleon the help screen for the chat is pretty good - short and sweet

cleon ELOS just finished a nice 2.5% run

alaska where is that help screen icon?

Ken-ST Moderator: yup that was a nice one

mtrade qcom still holding????

cleon below chat window

cleon just beneath type screen - rt icon

mtrade is qcom cancelled

Ken-ST Moderator: Not yet

mtrade ok

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joecgoodman what's the trigger on QCOM?

Ken-ST Moderator: getting close to the 11:00 turn time

Ken-ST Moderator: lod on QCOM 42.49

Ken-ST Moderator: slightly below the LOD

Ken-ST Moderator: it wont trigger

Ken-ST Moderator: we will have to wait until after the lunch period

Ken-ST Moderator: PEET is close

cleon what were then numbers on peet again?

JP 26.38, I think

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PEET 26.38[/b]

cleon thx

kimmron ken, QCOM triggered at 43.2. Is it time to bail off?

Ken-ST Moderator: we did not issue a long on QCOM

alaska qcom goes up another buck by 11:30, I'm long since early early this AM

Ken-ST Moderator: nice alaska

xx turn time

Ken-ST Moderator

Ken-ST Moderator: 11:00 Turn time. Cancel all Type B alerts

Ken-ST Moderator: We will scan for Type C setups during this time

kimmron Ken, It triggered from my alert based on one of your previous watching alerts

Ken-ST Moderator: I dont believe I issued an alert, but if you are in thatis creat

Ken-ST Moderator: great

Ken-ST Moderator: Set stop at entry is what I would suggest

Ken-ST Moderator: It is .20 in the money

Ken-ST Moderator: Making new highs right now

mtrade qcom was a short entry correct

Ken-ST Moderator: yes mtrade

Ken-ST Moderator: just short entry

kimmron Ken, maybe my mistake. to stay or sell in your opinion as it looks now

Ken-ST Moderator: kimmron trail stop to 43.36

Ken-ST Moderator: that way you lock in profits

kimmron Ken, Tks

Ken-ST Moderator: feel free to bring up other stocks of interest

arcpros sell trigger on elos for 43.2...too high?

Ken-ST Moderator: we are not only here to execute our strategy but will comment on others as well

Ken-ST Moderator: furthermore other traders may find it interesting

Ken-ST Moderator: sell trigger ?

arcpros sell stop

mtrade all other potenial trades have been cancelled????

cleon dell maybe if it drops another .7

Ken-ST Moderator: Yes mtrade

Ken-ST Moderator: I will be scanning for Type C plays now

kevin has logged out

arcpros ken i went long on elos

Ken-ST Moderator: Nice

mtrade Ken when you get the opportunity please try forwarding the sample screen shots to me

Ken-ST Moderator: ok mtrade, I will send it now

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

Ken-ST Moderator: ELOS trading back near its 20 EMA

Ken-ST Moderator: nearly always a resistance/support area

Harris has logged out

Ken-ST Moderator: After that you may play a tight stop by watching the 5 ema on 1 min chart

arcpros ty

Harris has entered DayTrading Chat

Ken-ST Moderator: look at the rally off the bottom, it held the 5 ema all the way

Ken-ST Moderator: wb Harris

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cleon peet's movign

Ken-ST Moderator: yes

Ken-ST Moderator: if you are wiling you may chance a long at a new hod

Ken-ST Moderator: but keep in mind that the time of day do not agree

cleon not taking it - already got burned on rhat with false breakouts

pancho has logged out

bear who 's using my nick

yuksek hi Ken: any news about Marketeye?

tcat what,s 5 ema mean

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cleon whoa, there goes Peet - we'll see if it's a good case study on bad lunch breakouts...

Ken-ST Moderator: tcat, 5 ema = 5 exponential moving average

Ken-ST Moderator: the actual lunch time begins at 11:30

Ken-ST Moderator: we sometimes hold open alerts as late as 11:30 but it gets very risky

tcat tk where do i find that , ???

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Ken-ST Moderator: on your charts tcat

Ken-ST Moderator: we suggest traders having three moving averages on their charts: 5, 20 , and 50 EMA

tcat tk

mtrade Ken I got it

mtrade thanks

DonUrsulo pcln new hod

Ken-ST Moderator: `np

Ken-ST Moderator: any questions

Ken-ST Moderator: Lunch time is the worst time of day to trade

Ken-ST Moderator: winning percentage go down

Ken-ST Moderator: traders are encouraged to refrain from trading during this time of day

Ken-ST Moderator: Lunch period is notorious for countertrends, false breakouts, and range trading

Ken-ST Moderator: we scan for Type C opportunities to capitalize on these countertrends

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Ken-ST Moderator: but overall we discourage lunchtime trading

Ken-ST Moderator: PEET nice breakout

Ken-ST Moderator: pos

alaska I just have some hesitancy to enter a trade like PEET at new HOD (if we had traded it) because it goes against the bigger trend, it gapped down on bad news. I like to see all the trends in line whenever possible (1 min, 5 min, daily, and overall market).

jy ken, please check out EXPD.

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Ken-ST Moderator: but if you look at the setup, it is trading into a gap

Ken-ST Moderator: that is very nice

Ken-ST Moderator: and sets up the stock to move freely

alaska but obvioulsy it is a very profitable trade, just feels riskier to me.

Ken-ST Moderator: understandable alaska

Ken-ST Moderator: thats were stops come in

jy do you think EXPD is too extended for another long at new HOD 69.46 ?

alaska very true on the gap, needs to be filled sometime

Ken-ST Moderator: too extended

Ken-ST Moderator: EXPD

Ken-ST Moderator: it may work out, but this is not a good time to play breakouts

Ken-ST Moderator: especially on extended stocks

jy even after lunch ?

Ken-ST Moderator: no after lunch we can evaluate

Ken-ST Moderator: thanks for bringing that stock up

Ken-ST Moderator: I have it on my watch

jy o.k.

Ken-ST Moderator: for a stock to come all the way back and take out all the sellers on PEET, that is saying something

stuart That was a nice call on PEET Ken. Too bad it past the turn time.

kimmron Ken, sometimes U provide a watch signal with the entry trigger but this trigger is not activated immediately and the chat goes on and long after the trigger fires but U do not provide the buy/sell signal. Is this because it is not valid anymore or other reason

Ken-ST Moderator: just following the strategies. Yeah, we missed it due to the time of day. But better safe than sorry.

Ken-ST Moderator: we identify the breakout prices. If the stock never gets there, it never breakouts out and simply remains just a watch

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alaska guess the aftermarket/premarket traders underestimated the value of their stock on PEET.

Ken-ST Moderator: we have no clue if the stock will get to the breakout price or not

Ken-ST Moderator: wb Braber

Braber thnks

cleon alaska, you could always get gutsy and take the other side on PEET now ;)

kimmron Ken, So these are misses or not because of the strategy that do not fit anymore the watch signal?

run1 Ken what brokers do you recommend; I am using Scottrade Elite but I find some of my orders don't execute while yours appear to

alaska cleon, been burned trying that too many times :-)

Ken-ST Moderator: run1 we suggest SOF Direct, that is the platforms we are on

Ken-ST Moderator: dont play the Scottrade game

Ken-ST Moderator: or etrade

Ken-ST Moderator: or ameritrade

Ken-ST Moderator: its not for day traders

Ken-ST Moderator: talk to Todd, he is in the room and he will turn you on to Direct Access

Ken-ST Moderator: once you go there, you will never turn back

run1 ok thannks

kimmron Ken, what do you think about Cybertrader

Ken-ST Moderator: kimmron, not sure what your question is but we issue alerts, we simly do not know what will actually trigger and will not

Ken-ST Moderator: Cyber uses their own proprietary platform. I've heard mixed things about them

Ken-ST Moderator: They are a brokerage firm trying to cut costs by using their own software

cleon ken, just curious on your view of Tradestation - not looking to change or get a recommendation - just curious on your opin

run1 thanks alaska

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bear cleon, used it for 15 yrs now

Ken-ST Moderator: Ive heard increasingly more data issues with them

cleon same here

Ken-ST Moderator: they have a good sophisticated software

cleon but most users are happy from what i hear

Ken-ST Moderator: yes

alaska I like cybertrrader myself, but I had to program alerts to require trade price AND bid or ask for criteria.

kimmron Ken, U issued alerts which I turn them to automatically firing on my platform. There were several cases today that the watch alert was issued and the buy/sell signal was not issued even though the alert fired. So I ask if the buy/sell was not issued on purpose or was it a miss? Sorry if I bother U to much but I want to know this since I place automatic alerts after your wathing alert.

Ken-ST Moderator: kimmron, watching means we have identified the breakout price. We will only open the trade if the stock reaches that price

Ken-ST Moderator: If it doesn't the trade doesnt open

alaska which ones triggered kimmron?

cleon boy, SFCC sure is in a tight range

Ken-ST Moderator: yup

Ken-ST Moderator: hopefully we get a nice trigger later

cleon looks like it likes to stay tight, then move big

alaska thanks to whomever recommended MaxiVista's monitor extending software. It's awesome having my laptop monitor displaying part of my desktop!

cleon 29.8 on SFCC later?

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Chris Your'e welcome. I love it -- and so much cheaper than a full t monitor setup

jy Ken, you're right. look at EXPD coming down fast.

alaska SBL new HOD, longed that last night. yippee

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Ken-ST Moderator: Kimmron, I canceled all the Type B alerts at 11:00

kimmron Alaska, peet and pcln

cleon btw, on the monitor discussion from yesterday, my www.techforless.com monitors arrived in great condition - 1/2 price on 'open box' items and several Mass Multiple double through quad screen setups available.

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kimmron Ken, Thanks.

Ken-ST Moderator: wb

bulldogchip Ken, got time to give me an opinion on ELOS action today?

Ken-ST Moderator: sure

Ken-ST Moderator: we noted resistance near the HOD levels, so we refrained from any long trades

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Ken-ST Moderator: stock made two short signals

Ken-ST Moderator: both broke down nicely

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Ken-ST Moderator: stock is currently trading near its trading range

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bulldogchip it's just sitting onn the 5 ema now

Ken-ST Moderator: yes

Ken-ST Moderator: you will see patterns on stocks repeat over and over

cleon PEET is giving it all up

kimmron alaska, what is this MaxiVista monitor extension soft? what is the site to view this? Tks

Ken-ST Moderator: often times when stocks take a dive then a big rebound up you may see subsequent sideways action

Ken-ST Moderator: that follow

Ken-ST Moderator: hmmm

Ken-ST Moderator: Im looking at the IMCL trade earlier

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alaska that is the website name also, it is server software that works on you home network to let you display on any networked computer land extend your main computer's monitor.

Ken-ST Moderator: Looks like the stock did make more than a 1% move

Ken-ST Moderator: am I wrong in this

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Ken-ST Moderator: IMCL actually hit target

Ken-ST Moderator: PEET came within .01

Ken-ST Moderator: GPRO came within .03

Ken-ST Moderator: RDEN triggered for 5% gains

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Ken-ST Moderator: ELOS had two nice entires

brier i saw imcl go down about .10 after i got in - then had to bail

Ken-ST Moderator: wb run1

alaska it is unusually for us not to be up 3% now guys, can't win them all everyday though.

cleon ken , on a breakout play with RHAT, where would you have set the stop? 1 1/2 %or LOD?

Ken-ST Moderator: that made a nice move for intraday profits

Ken-ST Moderator: I would have set a 1.5% stop for intraday

Ken-ST Moderator: but we have another stop for the swing trade

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cleon ok

Ken-ST Moderator: Futures actually traded to a new hod by .25 points

Ken-ST Moderator: this is during lunch hour however

Ken-ST Moderator: Very key

Ken-ST Moderator: Breakouts on the market during the lunch hour are not to be trusted

Ken-ST Moderator: always to be looked at with caution

Ken-ST Moderator: Having an awareness for the Time of Day when trading should, in itself, help your trading greatly

kimmron For anyone who works with a laptop and want to extend to multiple monitors- I use VTBook a PCMCIA card which enables to hook up 2 monitors in addition to the laptop screen.

Ken-ST Moderator: tx kimmron

joecgoodman I really, really appreciate that info, kmmron! I have one extra monitor hooked up but

joecgoodman I need another one.

Ken-ST Moderator: Hopefully SFCC can hold up and make a nice trigger after lunch

joecgoodman wow...not cheap.

joecgoodman the VTBOOK that is.

Ken-ST Moderator: For those riding out AAPL secondary swing trade gains, consider moving stop to 60.06

cleon ken, it ELOS makes another shot at a LOD, would it be considered a viable trade? or too extended?

Ken-ST Moderator: Consider moving stop on ESRX to 77.49

Ken-ST Moderator: we will have to evaluate near the breakdown leves

kimmron Joe...It is relatively cheap-about 300$. You need on monitor to be with a DVI connector and XP. It works also with 2000 (which I have) but it took me 3 days to fix the problems and now I can explain to whoever needs help on this

Ken-ST Moderator: The afternoon period is a little more tricky

Ken-ST Moderator: market momentum plays more of a factor

joecgoodman do you have any software that lets you have separate task bars on each monitor?

Ken-ST Moderator: market breaking to new hod

joecgoodman kimmron, do you see separate task bars on each monitor, or just one windows taskbar on your laptop? I have only one taskbar, but I know digital tigers has software to make each monitor display a taskbar containing buttons for the windows in that monitor.

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kimmron Joe.. I have only one taskbar on the laptop. I know about Digital Tiger but this runs about 13-1400$ for two monitors

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James-ST Moderator has become a moderator

Ken-ST Moderator: the calvary is here

Ken-ST Moderator: How was liposuction James?

joecgoodman yeah, kimmron, digitaltigers is way too high

cleon LOL

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cleon they went in through the ear

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

Ken-ST Moderator: lol

Ken-ST Moderator: Took me awhile but I got that one

kimmron Hi James

James-ST Moderator: hey everyone, just assimilating

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Ken-ST Moderator: Hi Boss

char gm James

trdr45 quick look busy the boss is here ...

theboss what trades are you in

trdr45 lol

Ken-ST Moderator: lol

theboss Ken

Ken-ST Moderator: nothing right now

theboss ok

theboss i need to make some money today, have a hot date tonight

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

theboss anything looking good?

James-ST Moderator: we will open more alert in 1 hour, after hlunch

James-ST Moderator: lunch

theboss ok man

Ken-ST Moderator: besides James smooth legs from the wax job, nothing looking good right now

James-ST Moderator: Feel free to bring up stock s of note......others may find them of interest

cleon ken, on AAPL, on a breakout during the right period of the day, given the chart the way it looks now, would you place a stop at 61.59?

James-ST Moderator: spooky

cleon or james

James-ST Moderator: looks good cleon

cleon so below recent consolidation basically

Ken-ST Moderator: Yes exactly cleon

Ken-ST Moderator: that is the support area at the 20 ema

James-ST Moderator: if it does break out again, by then you would probably have an even tighter stop

cleon ok

Ken-ST Moderator: nice

cleon yep, didn't see 20-ema but have it up now

James-ST Moderator: Their video ipod downloads is going berserk i hear.......

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Ken-ST Moderator: for those who want to get a clear picture on stops, Assessing Market Trends to Maximize Profits will help ou to identify 3 key areas for stops

Ken-ST Moderator: The key is consistency when implementing stops

cleon too high, too low, and none?

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Ken-ST Moderator: Too high, Too low and just right

cleon there ya go

Ken-ST Moderator: We tried the others, but prefer the just right

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Ken-ST Moderator: wb pvg

pvg6099 thx

Ken-ST Moderator: Watching SFCC

cleon LOL, i tried none and didn't do so well

James-ST Moderator: hey jy, looks like your market prediction was dead on yesterday......nice move today.....

Ken-ST Moderator: lol

jy hey james, ty.

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jy interesting to see we shorted all entries in Type B -

James-ST Moderator: Market still needs to move up imo, otherwixe the market is only right back to where it was 1 month ago

Ken-ST Moderator: SFCC near the lod

Ken-ST Moderator: Anyone not on Direct Access, we strongly suggest you do so.

Ken-ST Moderator: Todd is from SOF Direct, feel free to personal message him for a free real time simulator

Ken-ST Moderator: He is dorky, but still quite helpful

Ken-ST Moderator: http://sofdirect.com

Todd-SOF Direct Lol

Todd-SOF Direct Yes, you can also email questions to info@sofdirect.com

Ken-ST Moderator: Ask him questions about Harry Potter, he loves those

stuart lol

Todd-SOF Direct Ken, I have had to deal with jealousy all my life so used to your insults.

Todd-SOF Direct hehe

stuart When is lunch over?

Ken-ST Moderator: lol

Ken-ST Moderator: we may open alerts up as early as 1:00 pm

Ken-ST Moderator: but in general we hold off on Type B plays until 1:30

jy PEET new HOD 27.67

Ken-ST Moderator: ok gang, brb

Ken-ST Moderator: short break her

Ken-ST Moderator: here

Ken-ST Moderator: We will likely open short alerts up early

Ken-ST Moderator: with markets overbought

Ken-ST Moderator: ok, brb

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jy WOW - PEET new high after new high

jy 29.4

James-ST Moderator: wants that gap

James-ST Moderator: Little early but markt is on our side and tight stop identiifed if triggered

James-ST Moderator

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFCC 29.80[/b]

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James-ST Moderator: Anything of interest out there?

James-ST Moderator: jy, did bearrally come in earlier?

cleon if the market turns up, ckfr could make HODs

jy james, no. I don't think so.

mtrade other than sfcc

cleon ELOS?

James-ST Moderator: checking

James-ST Moderator: ELOS.......LOD again....pretty darn big gap it filled......

James-ST Moderator: AEOS briefly made a LOD, let's look for pull back and consoldiation....

James-ST Moderator: consolidation

James-ST Moderator: captain kirk must be happy with his PCLN shares today

mtrade James we have just one potential trade working now correct?

James-ST Moderator: Yes, we usually do not open trades until 1:30 est.........

mtrade ok

bulldogchip PEET????????????????

James-ST Moderator: SFCC has a very tight stop identified......no trigger no problem.

James-ST Moderator: yep, jy noted it, we cant chase it here.....straight up......no stop if jump in

cleon PEET's killing me - blew through my buy order at 28.7ish

Ken-ST Moderator: back

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James-ST Moderator: hey mtv

James-ST Moderator: been busy?

Ken-ST Moderator: Hey MTV

mtvaabbe just got my power back

James-ST Moderator: from the hurricane?

mtvaabbe the storm really f*ck us up in fla.

mtvaabbe yes sir 13 days..............................

James-ST Moderator: ah man......is your restaurant ok?

mtvaabbe got hit.... bad just got to open yesterday

Ken-ST Moderator: ah man sorry to hear that

Ken-ST Moderator: insurance take care?

James-ST Moderator: yeah......insurance cover business losses?

mtvaabbe that"s fla for u

Ken-ST Moderator

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James-ST Moderator

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SFCC 29.80[/b]

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GPRO 43.09[/b]

Ken-ST Moderator

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

Ken-ST Moderator: consider taking profits at you 1% target

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James-ST Moderator: GPRO close

Ken-ST Moderator: wb

Hunter : thx

Ken-ST Moderator

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AEOS 25.14[/b]

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stuart That was awesome guys, thanks for that one

stuart Quick and easy!

Ken-ST Moderator: gj stu

Ken-ST Moderator: wtg

James-ST Moderator: Volatile and quick, but jast made a new LOD.....if you got a bad entry, should ahve still made profit

James-ST Moderator

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]IMCL 29.10[/b]

Ken-ST Moderator: down a buck from entry

James-ST Moderator

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James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]MVSN 15.75[/b]

Test SFCC is at 28.80 not 29.8

cleon nice run on sfcc ken/james!

James-ST Moderator: TY TEST

James-ST Moderator: ty cleon

Test disregard my comment

Test nice call

James-ST Moderator: no test, i