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The Power of 2% Chat Transcripts


11/04/05 Chat Session

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

jovid: gm

mark2: gm ken

Test: gm

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

Nelson: good morning.

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

margincallgirl: gm

margincallgirl: can you tell me if these are Type A?

margincallgirl: CELL

margincallgirl: ESRX

margincallgirl: VPHM

margincallgirl: BTUI

margincallgirl: FAST

James-ST Moderator: gm all

margincallgirl: now for shorts....FLIR, CVC, LFUS, CKEC, GET

Ken-ST Moderator: CELL, the pullback yesterday is pretty big

Ken-ST Moderator: ESRX is good, we have that on today's list

Ken-ST Moderator: VPHM needs a consolidation day.  It broke out yesterday

char: gm all

Ken-ST Moderator: BTUI the tail  is a little big, but looks ok.  We can evaluate it near the breakout levels

mtrade: good morning all

Ken-ST Moderator: FAST, there is no consolidation day

Ken-ST Moderator: FLIR no setup for short

Ken-ST Moderator: CVC, trading range below

daytrade5: morning all.....1st day in the room...referred by mon Son Mtrade

Ken-ST Moderator: LFUS is ideal

margincallgirl: :-)

Ken-ST Moderator: CKEC no consolidation day

James-ST Moderator: WELCOEM DAYTRADE

Ken-ST Moderator: no setup on GET

James-ST Moderator: oops welcome daytrade

Ken-ST Moderator: Nice list margin.  Thanks for bringing them up

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

margincallgirl: not done yet

margincallgirl: TYPE B

margincallgirl: ANSW

margincallgirl: ADBL

Ken-ST Moderator: [b]Good Morning[/b] [b]Reust, char, gp mtrade, daytrade5[b]

margincallgirl: OSUR

gp: Morning

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

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

trdr45: HEY Ken James trdrs

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

arcpros: gm Ken...

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

Yorba: gm ken

arcpros: ive been boning up on the art of trading with some buddies... probably should get the video...I find this very fasinating

James-ST Moderator: [img id=em-3]

Ken-ST Moderator: cool

margincallgirl: K, any thoughts on OSUR?

fisk has entered DayTrading Chat

Ken-ST Moderator: [b]Good Morning[/b] [b]tms, lark2112, alaska, Chris, maddest, stuart, fisk[b]

James-ST Moderator: gm all

alaska hi

tcat has entered DayTrading Chat

Chris GM  Bad jobs numbers, I think it will be a volatle day

Chris good for trading

Ken-ST Moderator: OSUR looks good

steveg has entered DayTrading Chat

Reust has logged out

steveg gm alll

James-ST Moderator: hey steve

Reust has entered DayTrading Chat

Reust gm

mtrade has logged out

mtrade has entered DayTrading Chat

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

rontrue has entered DayTrading Chat

tcat gm all

joecgoodman has entered DayTrading Chat

stuart gm all

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

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

joecgoodman good morning

kimmron has entered DayTrading Chat

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

James-ST Moderator: gm kimmronn, joec, anyone i missed

joecgoodman gm, James

Reust What's the good word today?

Violet has entered DayTrading Chat

tomh has entered DayTrading Chat

kimmron gm everybody

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

tomh gm

Terry has entered DayTrading Chat

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

Terry gm

Ken-ST Moderator: nuttin much Reust

cleon has entered DayTrading Chat

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

Diaz has entered DayTrading Chat

cleon gm

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

joecgoodman opinion poll: is it better to have 4 24" widescreen LCDs or 8 17" LCDs?

Todd- SOF Direct has entered DayTrading Chat

Todd- SOF Direct gm everyone

jy has entered DayTrading Chat

James-ST Moderator: wow

alaska joec you have to consider the pixels too it is about resolutioin as much as size

jy gm

Reust How about 1 61" screen?

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

cleon football or trading?

Reust Both...same time

pvg6799 has entered DayTrading Chat

cleon 61"

joecgoodman you use one 61"?

James-ST Moderator: wow that lady on CNBC was an idiot

Ken-ST Moderator: Ok gang, Reust is hosting this year's super bowl party

joecgoodman what'd she say>

Reust No..my brother bought a new 61" TV..The HDTV is awesome...but regular TV is not good..you see every imperfection really big!

JP has entered DayTrading Chat

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

Reust I was just picturing how many Level IIs I could fit on that.

cleon i agree with reust - high def widescreen has shown me how many actors really have bad skin

JP GM all

Ken-ST Moderator: lol

James-ST Moderator: joec.....she was critic of walmart.......she got eaten up with her skewed facts........

joecgoodman i c

Ken-ST Moderator: Market Review:

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

Ken-ST Moderator: Hourly Chart:  Uptrend with the 20 ema above the 50 ema

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

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

Ken-ST Moderator: futures are currently up 2.5 points

Ken-ST Moderator: at this level it will be gapping above the 20 ema on the 5 min chart

Ken-ST Moderator: any questions?

rno has entered DayTrading Chat

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

pancho has entered DayTrading Chat

rno gm

pancho gm

joecgoodman sentiment on the floors, according to cnbc reports, are very, very bullish.  I don't know if that should make us bearish or what.  I'm bullish, expecting a big up day today.

James-ST Moderator: looks promising

Reust I am a follower...up or down

bulldogchip has entered DayTrading Chat

James-ST Moderator: yep

James-ST Moderator: hey bdc

hawker has entered DayTrading Chat

James-ST Moderator: hey hawker

bulldogchip mornin James

hawker gm James and everyone

alaska me too, I'm already long in two of today gap plays

James-ST Moderator: after the bell plays last nite?

brier has entered DayTrading Chat

alaska yep

James-ST Moderator: nice alaska

jy alaska, which two ?

James-ST Moderator: hey brier

alaska we will soon see

Ken-ST Moderator: [b]Good Morning[/b] [b]pancho, bulldog, hawker,brier, jy[b]

alaska expe and eslr

alaska and pwav

jy great

dennis has entered DayTrading Chat

James-ST Moderator: Yell out stocks or personal trades.....others may find them of interest........we are here to share info...

James-ST Moderator: hey dennis

chuck has entered DayTrading Chat

hanson i dont under stand esrx long at 79.30 is that the buy price?

Ken-ST Moderator: SPX 1230 area noted resistance

James-ST Moderator: hey chuck

dennis hi james

bulldogchip gm Ken

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

chuck gm

dennis gm Ken

j w has entered DayTrading Chat

James-ST Moderator: Yes hanson, if it does not get there, no problem we are not in.......that is a breakout level identiified.

Hunter has entered DayTrading Chat

Ken-ST Moderator: If it goes up to that price, yes it will qualify for a buy trade

James-ST Moderator: hey hunter, jw

j w hi there

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

Hunter : gm guys

j w hi there

hanson ok thank you

Jose has entered DayTrading Chat

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

James-ST Moderator: hey jose

James-ST Moderator: Market Open

Vanja has entered DayTrading Chat

Jose gm

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

socal has entered DayTrading Chat

Vanja GM

James-ST Moderator 

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PWEI 11.36[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PWEI 11.36[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]PWEI 11.36[/b]

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FARO 16.60[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FARO 16.60[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FARO 16.60[/b]

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ESLR 11.26[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ESLR 11.26[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ESLR 11.26[/b]

James-ST Moderator: ESLR CLOSE

Ken-ST Moderator: SINA near a support area.  We will hold off any short calls for now

James-ST Moderator: EXPE just made all time highs.....will not chase it on the first break, wait for consolidation

Ken-ST Moderator: GOOG also Gapping up after an extended run.  We will hold off any long calls for now

Braber has entered DayTrading Chat

joecgoodman do we have a trigger on ESRX yet?

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

IG50 has entered DayTrading Chat

James-ST Moderator: no joec

Ken-ST Moderator: No trigger

joecgoodman we need a trigger column for Type Bs in a bad kinda way

Braber gm

Flor has entered DayTrading Chat

Ken-ST Moderator: ok

ECF has logged out

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

James-ST Moderator: ESLR still close

Ken-ST Moderator: Many stocks are fading

ECF has entered DayTrading Chat

Ken-ST Moderator: be patient gang

Ken-ST Moderator: wb ECF

Ken-ST Moderator: gang, LFUS is a short at 22.49

Ken-ST Moderator: but the volume is too light

Ken-ST Moderator: so we will refrain from posting any calls but it is a valid short there

IG50 has left the room

Ken-ST Moderator: in case you want to play it

Ken-ST Moderator: 1.5% initial stop suggested

JP expe coming down fast

Ken-ST Moderator: EXPE topped near a resistance area

IG50 has entered DayTrading Chat

IG50 GM ALL

James-ST Moderator: yes, noted no long call on EXPE

ak has entered DayTrading Chat

margincallgirl faro on a tear

ak gma ll

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

Ken-ST Moderator: again we will stay clear of any long calls on GOOG

joecgoodman FARO short trigger still valid?

Ken-ST Moderator: Yes

Slwidener has entered DayTrading Chat

joecgoodman scare me!

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

Slwidener Good morning.

tj has entered DayTrading Chat

James-ST Moderator: Lot of gaps fading......waiting for consolidation

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

tj good morning

rno has logged out

arcpros has logged out

rno has entered DayTrading Chat

joecgoodman unusual morning, you usually have two 1% profits on the board by now.

Ken-ST Moderator: Adding RRGB to the Type B watch

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RRGB 52.05[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RRGB 52.05[/b]

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GOOG 387.95[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GOOG 387.95[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GOOG 387.95[/b]

j w has logged out

mtrade we have 5 orders working correct???

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PWEI 10.30[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PWEI 10.30[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PWEI 10.30[/b]

Ken-ST Moderator: EXPE testing the 5 ema no

Nelson does that PWEI short override the earlier long watch? Or do we watch for both?

Ken-ST Moderator: watching for consolidation/rally

Ken-ST Moderator: watch for both

Ken-ST Moderator: would love to see GOOG come down to create a short trigger

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSUR 10.94[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSUR 10.94[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OSUR 10.94[/b]

James-ST Moderator: A HOD or LOD watch means the stock has defined its range, a break either way is valid......letting the stock tell us which way it wants

Ken-ST Moderator: OSUR is close

Ken-ST Moderator 

Ken-ST Moderator 

Ken-ST Moderator 

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]OSUR 10.94[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]OSUR 10.94[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]OSUR 10.94[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]OSUR 10.94[/b]

Ken-ST Moderator 

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSUR 11.23[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSUR 11.23[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSUR 11.23[/b]

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FARO 19.60[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FARO 19.60[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FARO 19.60[/b]

mark2 has logged out

mark2 has entered DayTrading Chat

James-ST Moderator 

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EXPE 22.19[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EXPE 22.19[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]EXPE 22.19[/b]

Ken-ST Moderator: RRGB is relatively close

Yuksek has entered DayTrading Chat

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]RRGB 52.05[/b]

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

James-ST Moderator: Most of the Type Bs have defined their daily range.......don't guess which way they will go, let them tell us.....

Yuksek good morning

Ken-ST Moderator: GOOG relatively close

Ken-ST Moderator: RRGB is approaching

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ESLR 10.64[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ESLR 10.64[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ESLR 10.64[/b]

Ken-ST Moderator: tight stop on that if triggered at 10.90

James-ST Moderator: ESLR CLOSE

Ken-ST Moderator: RRGB is close

Ken-ST Moderator: very close

Ken-ST Moderator 

Ken-ST Moderator 

Ken-ST Moderator 

Ken-ST Moderator 

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RRGB 52.05[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RRGB 52.05[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]RRGB 52.05[/b]

Reust Holy cow, how could you possibly get into RRGB om that one?

Reust What a gap!

stuart I'm in, but got in a couple pennies early

tcat wow got that one

mtrade where should the stop be on rrgb

Ken-ST Moderator: nice gang

cleon are  job numbrers coming out at 10:30 today?

Ken-ST Moderator 

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RRGB 50.89[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RRGB 50.89[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]RRGB 50.89[/b]

Ken-ST Moderator: will tighten

Ken-ST Moderator 

Ken-ST Moderator 

Ken-ST Moderator 

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

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

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

cleon nice

Ken-ST Moderator: gj

James-ST Moderator: ESLR CLOSE

Ken-ST Moderator: ESLR is close

Ken-ST Moderator: GOOG kinda close

margincallgirl sweet

Ken-ST Moderator: come on GOOG you can do it

Ken-ST Moderator: naz new trend highs but still in a trading range on daily

Ken-ST Moderator: FARO is close

James-ST Moderator 

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ESLR 10.64[/b]

Ken-ST Moderator: gang FARO looks very volatile

mtrade should we cancell the buy eslr

margincallgirl stop on farro?

Ken-ST Moderator: mtrade, not cancelled but it will likely not trigger for awhile if it does

Ken-ST Moderator 

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSUR 11.11[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSUR 11.11[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OSUR 11.11[/b]

brier1 has entered DayTrading Chat

James-ST Moderator: GOOG CLOSE

Ken-ST Moderator: margin the stop we see on FARO is 18.99 if triggered

brier has logged out

James-ST Moderator 

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GOOG 387.95[/b]

Ken-ST Moderator: Goonie Googles is close gang

James-ST Moderator: EXPE CLOSE

rno has logged out

Ken-ST Moderator: Note Naz broke to new trend highs, but SPX still in past two days range

Ken-ST Moderator: CHOPPY

Ken-ST Moderator: range trading conditions gang

Ken-ST Moderator: be conservative

Ken-ST Moderator: OSUR stop is tight

James-ST Moderator 

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]GOOG 387.95[/b]

James-ST Moderator 

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GOOG 387.95[/b]

Braber has logged out

James-ST Moderator: watch no trigger yet

Ken-ST Moderator: planned stop on GOOG if triggered is 390.76

James-ST Moderator: PWEI close

Ken-ST Moderator: ESLR is close

James-ST Moderator 

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PWEI 10.30[/b]

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ESLR 10.64[/b]

rontrue has logged out

cleon ESRX Long  candidate?

dennis has logged out

Ken-ST Moderator: Yes if it hits 79.30

cleon ok, was looking at closer high - my bad

Ken-ST Moderator 

Ken-ST Moderator 

Ken-ST Moderator 

James-ST Moderator 

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ESLR 10.64[/b]

James-ST Moderator 

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ESLR 10.64[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]ESLR 10.64[/b]

James-ST Moderator: Market new LOD

Ken-ST Moderator 

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]ESLR 10.96[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]ESLR 10.96[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]ESLR 10.96[/b]

Ken-ST Moderator: new lod but still in p/d range

Hunter : anybody elses

Hunter : das shut down ?

Jose has logged out

char no hunter

Hunter : you with aim Char ?

char yes

maddest WATCH ESRX COMING UP

tcat has logged out

Hunter : ok thx

maddest sorry had the caps on

char yw

Reust ESRX getting close

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type A Buy on[/b] [b]ESRX 79.30[/b]

Hunter : its back now

James-ST Moderator: GOOG AND PWEI REMAIN CLOSE

Ken-ST Moderator: Dont chase the entry gang, the market is pullback so, any trigger may back fill

Ken-ST Moderator 

Ken-ST Moderator 

Ken-ST Moderator 

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]ESRX 79.30[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]ESRX 79.30[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]ESRX 79.30[/b]

Ken-ST Moderator 

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]ESRX 78.11[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]ESRX 78.11[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]ESRX 78.11[/b]

ECF has logged out

Ken-ST Moderator: FARO is close

Ken-ST Moderator 

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FARO 19.60[/b]

lorshas has entered DayTrading Chat

Braber has entered DayTrading Chat

Ken-ST Moderator: wb

James-ST Moderator 

James-ST Moderator 

James-ST Moderator 

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]FARO 19.60[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]FARO 19.60[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]FARO 19.60[/b]

Reust has logged out

Ken-ST Moderator 

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FARO 18.79[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FARO 18.79[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FARO 18.79[/b]

Ken-ST Moderator: Looking to tighten the moment we cn

Ken-ST Moderator: GOOG is close

James-ST Moderator: GOOG CLOSE

rno has entered DayTrading Chat

mtrade faro was hit correct

James-ST Moderator: EXPE CLOSE

James-ST Moderator: yes mtrade

Jose has entered DayTrading Chat

James-ST Moderator 

James-ST Moderator 

James-ST Moderator 

James-ST Moderator 

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]GOOG 387.95[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]GOOG 387.95[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]GOOG 387.95[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]GOOG 387.95[/b]

James-ST Moderator 

James-ST Moderator 

James-ST Moderator 

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

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

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

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

chuck has logged out

stuart awesome guys!

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Ken-ST Moderator 

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 390.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 390.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GOOG 390.76[/b]

Ken-ST Moderator: gj stu

Ken-ST Moderator: ty

Ken-ST Moderator: wb dennis

alaska I could kill cybertrader, got kicked off their servers 20 minutes ago, took 8 minutes to get someone on the phone, 2000 customers can't access their accounts at all.

dennis hi

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

chuck has entered DayTrading Chat

Williams schwab same thing on the phone now

Braber i hear ya i missed faro buy like 2 seconds cant get back on

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tomh alaska, me too, bummer.

Ken-ST Moderator: draw back of being big

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

James-ST Moderator: HEY BEAR

alaska cybertraders is owned by schwab, must be same server

James-ST Moderator: ah

Williams yup

bearrally what is going james

Ken-ST Moderator: hey bear

James-ST Moderator: not much.....waiting for you to sink our short positions

joecgoodman ESLR - I"m anxious to tighten stop...is it time?

joecgoodman 10.78?

Ken-ST Moderator: its a good stop

Ken-ST Moderator: where it is

joecgoodman ok

Ken-ST Moderator: 10.78 is a tighter area

Ken-ST Moderator: but I like the countertrend high just before the trigger

bearrally this month look like going to be bad month for me

Ken-ST Moderator 

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

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

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

joecgoodman filled at 11.15 OSUR

bearrally only 4 trading days and i am already out 50k

Ken-ST Moderator: What do you have bear?

bearrally so be on the sideline for a while

Jose are you serious bearrally?

bearrally no kidding Jose

Ken-ST Moderator: Jose, that is a drop in the bucket for that guy

Ken-ST Moderator: Market new LOD

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mtrade stop for esrx

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

Ken-ST Moderator: It is still 78.11

cleon what was stop on ESRX again?

James-ST Moderator: Market new LOD.....still in yesterday's range

Pervaiz any new open position

Ken-ST Moderator: ESLR looks like its begging for a steep selloff

Ken-ST Moderator: come one

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Ken-ST Moderator: on

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Yorba stop on esrx?

Ken-ST Moderator: still 78.11

James-ST Moderator: Market new LOD

cleon that was close

JP SYMC make a good short on a new LOD?  Strong downtrend since earnings, looks headed to test support at $18, IMO.

Ken-ST Moderator: It would have to be at 18.34

JP Break below yesterday's range, correct?

Ken-ST Moderator 

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

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

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

James-ST Moderator: jp, taking out yesterday's low would be better.....note May area

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Yuksek Ken any news about Marketeye?

bearrally where are all those sellers????

Ken-ST Moderator: Sorry no

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Ken-ST Moderator: market at new lod

James-ST Moderator: Market new LOD, taking out yesterday's low

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

James-ST Moderator 

James-ST Moderator 

James-ST Moderator 

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

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

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

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

Ken-ST Moderator: gang that is still in nice trend

Ken-ST Moderator: and market in favor

cleon roger that

bearrally kramer recomend buying shld, selling is over

cleon gotta recover from ESRX ;)

bearrally so i loaded on the puts

Ken-ST Moderator: the only support below right now is the 20 EMA

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cleon ken, i want to make sure my stochastics are reading right - what do you see on ESLR for slow (14,3)?

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

Ken-ST Moderator: look alive everyone

Ken-ST Moderator: 13.55

bearrally that sounded funny ken

Ken-ST Moderator: 15.55

Ken-ST Moderator: look alive everyone.....the boss is here

James-ST Moderator: ESLR, stochastics are down cleon

cleon ok, thanks, just verifying

Ken-ST Moderator: np

Ken-ST Moderator: sorry that was on 1 min cleon

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Ken-ST Moderator: 5 min it is at 22 / 42

Ken-ST Moderator: market new lod

James-ST Moderator: Market new LOD.......back to Wednesday's levels

the boss goog still good?

James-ST Moderator: gap filled

Ken-ST Moderator: yes boss

Ken-ST Moderator: stop is at 390.76

bearrally there is a few gap to 10200

Slwidener Test ...

bearrally need to get there

Ken-ST Moderator: got you Slwidener

Slwidener What is the Trigger for SINA?  (Cleo didn't mean to whisper to you ... Oops!)

Ken-ST Moderator: no trigger Swidener

bearrally 23.49

Ken-ST Moderator: on sina

Ken-ST Moderator: Note possible support below

James-ST Moderator: adios goog

Ken-ST Moderator: market new lod

bearrally cme lod

Slwidener EXPE is hoovering but not moving much either way.

Ken-ST Moderator: GOOG breaking below its 20 ema on 5 min

James-ST Moderator: yep, defined its range

Ken-ST Moderator: I likey

socal has left the room

bearrally another 40 points for the dow, i'll break even

bearrally for the week

bearrally lol

bearrally James, get those sellers in

James-ST Moderator: lol

James-ST Moderator: Market still very much in an uptrend on daily charts......could be a profit taking Friday.....nothing big

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alaska I'm looking for a new broker open to suggestions, private IM me.  Cybertrader sucks.

James-ST Moderator: but......won't predict......just going with the flow.......

Ken-ST Moderator: Talk to Todd alaska

James-ST Moderator: alaska, talk with todd.....good benefit if you ever have problems is that you can yell at him right here

James-ST Moderator: lol

James-ST Moderator: added benefit is that if you find a stock that is unshortable, you can tell todd here and he can look for shares to short

Ken-ST Moderator: yup, rep in the room to help our traders

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bearrally margincallgirl

bearrally that's a bad name for a trader

bearrally lol

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James-ST Moderator 

Ken-ST Moderator 

James-ST Moderator 

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

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

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

James-ST Moderator: LMAO

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James-ST Moderator: ahk i think, he loves his handles

cleon ken, what's the support situation for google?

Ken-ST Moderator: Now back into the previous days range

cleon ok

Ken-ST Moderator: which is good the more it trades into it

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Ken-ST Moderator: you will have some signs of buying here from people who felt they missed the boat

Ken-ST Moderator: and shorts covering to get out even

cleon rt

Ken-ST Moderator: that sot of thing

Ken-ST Moderator: wb

bearrally been waiting for profit taking on that for 2 weeks now

Ken-ST Moderator: Watching 5 min market and stochsatics closely for any signs of a break in the downtrnd

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mark2 Ken, i'ESRX......your thougts?

James-ST Moderator 

James-ST Moderator 

James-ST Moderator 

Ken-ST Moderator: I think we got caught in a shakeout... stock 5 min emas are still in an uptrend

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

Ken-ST Moderator: and prices are currently consoldiating above it

Ken-ST Moderator: but we move on

James-ST Moderator: Could have done better this morning gang......however, we noted solid resistance areas on various long triggers and avoided those.

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James-ST Moderator: Took advantage of a slight down day on the market.....

James-ST Moderator: Questions or comments gang?

Ken-ST Moderator: makret in oversold but still in downtrend

James-ST Moderator: Now is the time to share your thoughts, ask questions and share info with other members, we will resume Type B triggers at approximately 1:30 EST

Ken-ST Moderator: watching closely however as stoch nearly turning up

Ken-ST Moderator: prices right at the 5 ema

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.

Ken-ST Moderator: also noted that the market is trading within the past two trading day ranges....

fisk what do you mean by ema?

Ken-ST Moderator: this makes for very choppy trading....unsustainable trends

Ken-ST Moderator: Exponential Moving Average

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Ken-ST Moderator: wb ED

fisk are you using tiks min or days

Ken-ST Moderator: 5 min

Ken-ST Moderator: 5 min candles

Ken-ST Moderator: also 1 min on the gap stocks

cleon in the morning - it's really just the 1-min to identify highs/lows and turns right?

cleon first 1hr

Ken-ST Moderator: well we use both the 5 min and 1 min

Ken-ST Moderator: on the gap stocks

Ken-ST Moderator: for signal trading with the gap we use the 1 min

Ken-ST Moderator: for counter gap plays, we use the 5 min

Ken-ST Moderator: GOOG was a counter gap play

cleon ok

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Ken-ST Moderator 

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

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

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

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Ken-ST Moderator: market still in downtrend

Ken-ST Moderator: stochastics still have not come up through the 20 line

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Ken-ST Moderator: [b]We highly recommend SOF Direct.com, http://sofdirect.com , for your Direct Access Trading needs.  SOFDirect.com offers superior products, a wide range of services and professional support.  We also have Todd in the room here to provide exclusive support to our traders here in the room.  See Todd for any additional information.[/b]

Ken-ST Moderator: Market is above the 5 ema

Ken-ST Moderator: watching stochastics closely

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Ken-ST Moderator: wb Jose

Chris I tried the "short Cramer" strategy this morning.  He was pumping ATVI hard last night so I shorted at the open.  Got in at 17.96 and covered at 17.53.  Nice 2%+

Ken-ST Moderator: nice Chris

Ken-ST Moderator: Can't feel sorry for the traders who listen to that guy

Ken-ST Moderator: Watching NTLI gang

alaska I have to report that my strategy of buying gaps ups in the aftermarket to sell in the morning sucks.  Could have sold ESLR and EXPE at a nice profit last night 30 minutes after I bought it, but NO, I waited for the big bucks today.

Ken-ST Moderator: may be in play later

Ken-ST Moderator: Lets have the room determine the timing on NTLI

Test James I sent you a pm

alaska you mean short it at 58.82?

Ken-ST Moderator: That is the trigger price

Ken-ST Moderator: just the timing is the question

Ken-ST Moderator: ah easy question

cleon 2:17:04 pm

Ken-ST Moderator: if it gets down near the trigger

cleon give or take a second

Ken-ST Moderator: let's use this as a good education trade

Ken-ST Moderator: wrong cleon but close

Ken-ST Moderator: 2:18:23 pm

Ken-ST Moderator: lol

cleon damn - have to adjust my predictive modeling tool

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

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

Ken-ST Moderator: Market now testing the 20 EMA

Test is James in here?

Ken-ST Moderator: he stepped away will be right back

Ken-ST Moderator: did you have a question?

Test tkx.  then I'll ask you... on the SPX, do you overlay the stochastics over the 5 min chart or below it?

bearrally goog is unreal

Ken-ST Moderator: Below it

Ken-ST Moderator: The moving averages are overlayed on the price chart

Test so what are you looking for on the stochastics?

bearrally have a good weekend all

bearrally see you guy on money

joecgoodman YOU TOO, BEARRALLY

bearrally monday

James-ST Moderator: ok bear take care

bearrally looks like a dead day today

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Ken-ST Moderator: we look at the stochastics trend

Ken-ST Moderator: very important

Ken-ST Moderator: important notes are the crossover up through the 20 line

Ken-ST Moderator: or down through the 80 line

Test what are your stochastic settings?

Ken-ST Moderator: 14,3

Ken-ST Moderator: slow

Test k is 14 and D's are 3?

Ken-ST Moderator: y

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Ken-ST Moderator: wb boss

James-ST Moderator is no longer a moderator

Test but on D, you only look at the Slow?

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James-ST Moderator: So far a profit taking Friday imo.....overall daily trend is still up.

James-ST Moderator: Questions or comments?

Ken-ST Moderator: y

joecgoodman James, you're saying you plan to get into the green still today?

James-ST Moderator: Well our performance yes.....as far as the market turning green.....no idea

joecgoodman that's what I meant, your numbers.

James-ST Moderator: yes

joecgoodman QUESTION: can you apply some pressure to your web guy to get a trigger column in the Type Bs?  Shouldn't be that hard, there's already one in the As.

Ken-ST Moderator: Its not the web guy

James-ST Moderator: yeah definitely will

Ken-ST Moderator: we have to determine if we can post it in a timely manner without missing any triggers

James-ST Moderator: the number of possible triggers warrants taking your consideration into action

Harris that's a great idea!

cleon seems like the morning moves too fast to start posting the triggers on the website

Ken-ST Moderator: We should be able to

joecgoodman you could go back and fill in triggers when it's safe to do so

James-ST Moderator: PWEI lunch hour breakout

James-ST Moderator: strong despite market

alaska it would be awesome to find a nice runner today

Ken-ST Moderator: yup

Ken-ST Moderator: but keep in mind the market is in trading in the recent days action

James-ST Moderator: GOOG had the looks of potential with gap to fill and then some......stopped breakeven, unfortunately the overall intraday daily trend still looks bearish

the boss Ken give me a good call

joecgoodman Ken already has a date for tonight, bossman.

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

joecgoodman is that the "doh!" face, James?

cleon PWEI's really fighting to keep that breakout going

Ken-ST Moderator: lol

Ken-ST Moderator: dont trade during lunch time

Ken-ST Moderator: thats a good call

joecgoodman don't drink and drive.  don't eat and trade.

cleon sort of like drinking and driving?  trading and lunching ;)

cleon whoops, beat me to it joec!

Ken-ST Moderator: lol

Ken-ST Moderator: same page

joecgoodman oh no, cleon and I must have been separated at birth

Williams dont trade with schwab or cybertrader

cleon hmm...that leaves driving and trading, and drinking and eating okay...

cleon makes sense to me

joecgoodman ford putting laptops in some F-150s

James-ST Moderator: williams, they are still down?

joecgoodman I suggested using tick charts to trade while driving.

Williams i'm back up but they are reviewing trades in my acct for sndk ...total mess, if they don't fix the trades i'm gone from them

Chris Ken, what is the logic behind not trading during the lunch break?

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alaska cybertrader offered me $300 in free commissions, but I don't yet know how much I lost because of them.  I know on RRGB I lost $300.

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James-ST Moderator: well, you two should get together and protest, but i would imagine they are getting a lot of that

Ken-ST Moderator: one sec

James-ST Moderator: here is trading platform story:

bulldogchip dang, ESRX came back

Williams if anyone is bored at this time please check out my daughters website.she is a 3 year old transplant survivor www.oliviasfight.org

Slwidener I've seen lunch-hour brerakouts before ... what's the deal with these? Is this a Market Maker trick or something?  ESRX is doing it on low volume.

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Ken-ST Moderator: ty for that link Williams

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

Chris Because volume gets thin?

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Ken-ST Moderator: The lunch period is notorious for countertrends, false breakouts, consolidations

Ken-ST Moderator: volume does get thin

Ken-ST Moderator: market makers are able to manipulate stocks easier

cleon Look at PWEI for an example right now

Ken-ST Moderator: breakouts fail

Ken-ST Moderator: perhaps due to the lack of market participation

Ken-ST Moderator: these are all conditions that make it tough for traders to trade

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Ken-ST Moderator: good awareness for the time of day, in itself , will help your trading results

Slwidener Geesh ... on PWEI there was a surge in volume (relatively speaking) but no surge in the price.

Chris Thanks

James-ST Moderator: wow williams.......as a father of a 3 year old myself.........

Ken-ST Moderator: the only calls we really make is on our Type C setups

Ken-ST Moderator: Type C is to take advantage of countertrends

Ken-ST Moderator: or reversals

cleon ken, is it useful to run a chart scan on intraday to find stocks that have stayed above/below their 5-ema for type Cs?

joecgoodman good one, James.  a bit British.

Ken-ST Moderator: Sure that is a good way to find them

Ken-ST Moderator: but that only satisfies one criteria

James-ST Moderator: joec?

joecgoodman James, I thought your "as a father of a 3 yr old myself" was referring to the comment directly above about PWEI and a surge in volume.  Disregard.

Test Williams, your daughter is adorable! :)

James-ST Moderator: ah, yes, williams site.....i have a 3 year old daughter

Williams thank you a true fighter

Ken-ST Moderator: Some breakouts work out during lunch, but the success rate diminishes

cleon Ken, what other criteria do you typically look for in Cs?  The tapes didn't get into too much detail on this particluar strategy

joecgoodman yes, williams, Olivis is adorable.  may I ask what a visceral transplant is?

Williams sure, refers to multipal organs ... she had a liver, small intestine , stomach and pancreas transplant,actually two of them one at 7 months old and her 2nd at 3 this past june.

James-ST Moderator: omg

Todd- SOF Direct Hey Williams best of luck to you and your family. My friend survived a heart transplant and that was one of the thoughest things I have experience. Can't imagine what it would be like if it were one of my kids.

joecgoodman amazing, williams, god bless.

Ken-ST Moderator: truly courageous

Ken-ST Moderator: She is such a cutie

James-ST Moderator: that is incredible......

joecgoodman I have a 4-year old daughter.  Makes my eyes water just thinking about what you guys have been through, williams.

Williams thanks  todd, my wife and i thank god every day for her 2nd and 3rd chance at life... thanks all ... we have had great support all around us from family to community

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Ken-ST Moderator: same here joec,  my daughter is 5

Ken-ST Moderator: wb Chris

Chris got bounced out.

Williams thanks for signing her guestbook . we look at it all the time for inspiration

Slwidener Williams, your daughter is adorable.  Stories like yours is the reason why I have an Organ Donor card in my wallet.

alaska Williams what disease caused her problem? didn't see that on your website.

Williams thanks... me too, we are strong supporters for organ donation awareness.

joecgoodman re: organ donors - I'm in Texas.  We used to be able to designate as a donor on our driver's license but not anymore.  I thought that was a great idea.

joecgoodman can't imagine why they discontinued it.

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Williams she was born with a complete separation of her small intestine resulting in short bowell syndrome.had to be fed by i.v. for 5 months the i.v. fluid kept her alive but destroyed her liver

James-ST Moderator: oh god

alaska birth defect then?  that's awful.  She is lucky to have parents who can fight so hard to get her the care she needs.  Good going.

Williams thanks for you thoughts . to all, it is what keeps us going. ya gotta be the biggest advocate for your children

Ken-ST Moderator: no doubt

Williams thanks again, i hope to be a part of this trading group for a long long time.

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Ken-ST Moderator: good to have you

Ken-ST Moderator: yeah ESRX still nicely in trend

Ken-ST Moderator: just got shaken out with the panic sell

Ken-ST Moderator: which you know it was really weak...look at the 5 min chart, the stock never really closed below the EMAs

Test Ken, do you trade the calls that your make?

Ken-ST Moderator: we cant trade the calls in the day trading room, but I will be trading the futures in real time when we launch that service

Test wiil you still be making calls in this room while doing futures?

cleon will the futures service be under SwingTrades.com?

Ken-ST Moderator: yes

char Williams your daughter is beautiful ! God Blessd You and your family

cleon how practical is for someone who hasn't traded futures much to join in?  i've traded stocks for ages and option here and there, but not futures

Ken-ST Moderator: simple

joecgoodman cleon, I'm sure Ken will answer your question. I can give you my view also  if you wish.

Ken-ST Moderator: I will only be trading the Eminis SP

cleon have you been paper trading or simulating the trades prior to launch to check performance?

Ken-ST Moderator: I do not want to comment too much on it

cleon of your planned approach, etc.

Ken-ST Moderator: plesae joec

cleon ok..np

alaska I've been reading that it's safer to trade futures like this, but which brokers allow you to keep the mini future overnight in case you need to?

Ken-ST Moderator: not until we have the proper disclaimers and stuff in place

cleon fair enough

Ken-ST Moderator: my service will only be intraday

Ken-ST Moderator: our service rather

cleon LOL

Ken-ST Moderator: lol

Ken-ST Moderator: I say that because I will be the only one making the calls

cleon my wife always says 'her wedding'.  i always have to ask her if i was invited or crashed it

Ken-ST Moderator: lmao

joecgoodman I've traded S&P eminis before.  I've talked with Ken only briefly via chat, but enough to know two things: (1) you don't need any experience to follow what he'll do and (2) I'm unbelievably excited about it.

joecgoodman nice one, cleon!

alaska me too, it is supposed to be alot less stressful and less suprises

cleon all true ... :)

joecgoodman right, alaska, only watching 1 chart, not a bazillion.

joecgoodman easy fills

cleon hey ken, you should run some early sign up specials - like a preorder promotion ! :)

alaska kind of like daytraders who only trade one stock

joecgoodman suggestion: everyone in this room is free until you've made your first 100k

cleon yeah, i could see the simplicity in one contract type with less fluctuation due to a CEO passing away suddenly or SEC investigation, etc.

Diaz When will the futures trading begin?

cleon NTLI looks like it turned down

Ken-ST Moderator: we are looking within the next month or two

alaska and hopefully we will be allowed to transfer to that chat room with prorated credit (I"m on a 6mos prepay in here).

Diaz Who will make the stock trade calls?

Ken-ST Moderator: I will still be here along with James

James-ST Moderator: wow everyone took off early today

Ken-ST Moderator: coincidentally my strategy does not involve any trading until after 10:30 am est

cleon How did you guys end up favoring the 14,3 slow stoch anyway?

Ken-ST Moderator: it will actually fit in nicely for those trading both

alaska I like that from my time zone

cleon agree with your timing comment ken

cleon works great actually

Ken-ST Moderator: I will be stepping away for a bit

Ken-ST Moderator: brb

cleon NTLI looks interesting.  it road (sp?) the 5-ema for a while then bounced off the 20 to head back down toward our target

cleon James, how early would you consider this a safe trade?  1ish?

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James-ST Moderator: yes

cleon definately heading south

cleon although, i take it, you'd rather see some consolidation above 59 prior to drop...

James-ST Moderator: Longer term on daily, broke its recent range

joecgoodman looks UP to me now....stochastics have turned up on the 15 and the 30, not quite yet on the 60

joecgoodman the shorts haven't been able to keep it below the 20 ema in any timeframe, I don't think they'll want to be short over the weekend.  Smells like a short-covering Friday afternoon rally to me.

cleon there is nothing underneath to support for at least a year

steveg anyone watching IMCL?

cleon stochastics yes, but not trend

James-ST Moderator: Market testing 50 ema on 5 minute here......

alaska joec are you talking about NTLI?

joecgoodman cleon, on the SPX,