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

James-ST Moderator: gm all

Dusty gm james

mickey_t has entered DayTrading Chat

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

jovid has entered DayTrading Chat

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

jovid hi ken, james

jr has entered DayTrading Chat

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

jr mornin

kimmron Good Morning all

Todd-SOF Direct has entered DayTrading Chat

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

Todd-SOF Direct has left the room

dana has logged out

Todd-SOF Direct gm Ken

Todd-SOF Direct gm everyone

frog has entered DayTrading Chat

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

frog hi

frog JMDT

tcat has entered DayTrading Chat

James-ST Moderator: ERTS is acquiring them....

James-ST Moderator: hey tcat, anyone i missed

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

JP has entered DayTrading Chat

tcat Gm gang

JP GM

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

Ken-ST Moderator: EXBD volume is really really low

Ken-ST Moderator: we will not book the trade

BRUNO3 has entered DayTrading Chat

JP NMGC is up 100% this morning

Ken-ST Moderator: but the setup is there

BRUNO3 GM

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

TraderBob has entered DayTrading Chat

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

alaska has entered DayTrading Chat

TraderBob GM All

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

alaska gm

James-ST Moderator: hey alaska, bob, bruno, jp

BRUNO3 GM

alaska Cool, two of my swing trades picked from yesterdays day trade list here went up more  than a dollar a share (FWLT and EAT).   Nice to wake up to profit!

Ken-ST Moderator: awesome alaska

alaska I guess FWLT came from another source though.

James-ST Moderator: ah vn alaska

bman has entered DayTrading Chat

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

James-ST Moderator: wow, check out the price of Gold, Oil and Natural Gas........

cleon has entered DayTrading Chat

James-ST Moderator: morning cleon, bman

James-ST Moderator: Oil trading over 60 again......

tomh has entered DayTrading Chat

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

tomh gm

Dusty How does ACI look?

cleon HURC?

Ken-ST Moderator: for a day trade Dusty?

tms has entered DayTrading Chat

Ken-ST Moderator: i have hurc on my watch list cleon

Dusty yes

Ken-ST Moderator: but its not gapping much yet

bengal has entered DayTrading Chat

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

bengal gm

jjwolfe has entered DayTrading Chat

James-ST Moderator: hey bengal, wolfe, tomh

Ken-ST Moderator: wb

Ken-ST Moderator: Cancel TEVA

ak has entered DayTrading Chat

ak gm all

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

jy has entered DayTrading Chat

jy gm

Bob has entered DayTrading Chat

Bob gm

James-ST Moderator: hey bob, jy, ak

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

alaska NXY is possible

frog K when you get a minute, please explain why ASD is a Type A... it is way below its 52 week high

Ken-ST Moderator: i dont see much of a gap

Ken-ST Moderator: market assessment:

Ken-ST Moderator: Daily Chart:  below the 5 day EMA, stoch down

Ken-ST Moderator: Hourly Chart:  Flat to down

Ken-ST Moderator: 5 min chart Down

Ken-ST Moderator: Overall there is a slight downtrending bias

Ken-ST Moderator: Futures are up about 1 point

DonU has entered DayTrading Chat

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

david has entered DayTrading Chat

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

david Morning Ken

Jose has entered DayTrading Chat

Hunter has entered DayTrading Chat

Ken-ST Moderator Update!

James-ST Moderator: hey don, david, jose, hunter

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CTHR 32.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CTHR 32.51[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CTHR 32.51[/b]

Hunter : gm guys

Jose gm

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CEPH 53.89[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CEPH 53.89[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]CEPH 53.89[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SKYW 28.74[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SKYW 28.74[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SKYW 28.74[/b]

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SKYW 28.74[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SKYW 28.74[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SKYW 28.74[/b]

Ken-ST Moderator: CTHR IS CLOSE

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SHFL 24.60[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SHFL 24.60[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SHFL 24.60[/b]

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

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

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

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

Ken-ST Moderator Update!

TraderBob asd close

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FWLT 37.26[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FWLT 37.26[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]FWLT 37.26[/b]

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]ASD 40.39[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]ASD 40.39[/b]

Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]ASD 40.39[/b]

Ken-ST Moderator: TY TB

DonU has logged out

Ken-ST Moderator: FWLT REMAINS CLOSE

MarkB has entered DayTrading Chat

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]VPHM 19.91[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]VPHM 19.91[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]VPHM 19.91[/b]

Vanja has entered DayTrading Chat

Ken-ST Moderator: gm Vanja

Vanja gm

TraderBob lol, just sold last of my VPHM

kimmron stop on asd?

Ken-ST Moderator: 39.78 initial

kimmron ty

reserve has entered DayTrading Chat

Ken-ST Moderator: gm reserve

Ken-ST Moderator: CEPH is close

Ken-ST Moderator: VPHM is clsoe

Ken-ST Moderator: close

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CEPH 53.89[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CEPH 53.89[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]CEPH 53.89[/b]

Ken-ST Moderator: Remain in the conservative side this entire month gang

Ken-ST Moderator: slowly take profits with moves in your favor

tcat ovti

cleon 53.24 on CEPH?

TAW has entered DayTrading Chat

James-ST Moderator: hey taw

James-ST Moderator: yes cleon

TAW GM James

cleon k, MOGN new LOD ;)

Ken-ST Moderator: gm TAW

tj has entered DayTrading Chat

Ken-ST Moderator: gm tj

tj good morning ken

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CTHR 31.69[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CTHR 31.69[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CTHR 31.69[/b]

Ken-ST Moderator: Watching for FWLT rally/consolidation to set a short trigger

Ken-ST Moderator Update!

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

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

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

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHFL 26.01[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHFL 26.01[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SHFL 26.01[/b]

Ken-ST Moderator: CTHR  a break either way is a trigger

Zia has entered DayTrading Chat

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DECK 31.05[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DECK 31.05[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DECK 31.05[/b]

Ken-ST Moderator: HURC new highs

Moharram has entered DayTrading Chat

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DRTE 14.01[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DRTE 14.01[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DRTE 14.01[/b]

Ken-ST Moderator: CTHR IS CLOSE

BRUNO3 has logged out

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CTHR 31.69[/b]

Ken-ST Moderator: SKYW has another nice short signal at a new lod

dana has entered DayTrading Chat

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

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

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

James-ST Moderator: hey dana

dana hi guys

jy ty CEPH good one

bengal Nice call guys.  I can't believe I finally made a profit on my first trade.

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

Ken-ST Moderator: gj bengal

Ken-ST Moderator: gm dana

Ken-ST Moderator: gj jy

jy ty ken

Ken-ST Moderator: cleon, there goes your WLS

cleon cool

david has logged out

James-ST Moderator: SKYW NEW LOD

cleon skyw

Ken-ST Moderator: ah, did anyone get in ?

cleon yes

cleon wow, wls sure tanked

cleon somehow i dropped it off my watch list - *^*^&!

cleon any suggestions on stop for SKYW?  HOD seems a bit far on this one

Ken-ST Moderator: wow volume really picked up on that one

Ken-ST Moderator: it already has 16k traded

cleon was a cramer long months ago

Ken-ST Moderator: and its not even 10:30 yet

cleon WLS down 3 pts in 5 min!

Ken-ST Moderator: on 500 shres?

cleon just price

Ken-ST Moderator: lol

cleon 107 to 104ish

Ken-ST Moderator: Type A setup there

cleon roughly 3% but i didn't get it

Ken-ST Moderator: DECK is close

cleon for some reason i dropped it off my list accidently

frederic has logged out

Ken-ST Moderator: FWLT is close

frederic has entered DayTrading Chat

Ken-ST Moderator: hi frederic

cleon news on SKYW is that high oil impacted airline co.

Ken-ST Moderator: oh my goodness, where is boomer today

frederic hello

Ken-ST Moderator: SKYW NEW LOD

cleon SKYW doing well as a short

cleon read my mind ;)

Ken-ST Moderator: nice

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

frog skyw stop?

Ken-ST Moderator: what is your entry?

frog .23

Bob has logged out

cleon 28.74 is what i'm using as a stop - entry was 28.33

frog got a lousy fill as usual on these skinny stox

Ken-ST Moderator: that is a good area

cleon WLS might form another entry

cleon PFE might be good next week.  .20 away from major low

Ken-ST Moderator: stop at entry now

Ken-ST Moderator: there it goes

cleon SKYW?

frog profit hit

Ken-ST Moderator: scale out on moves in your favor

frog ty K

Ken-ST Moderator: slowly

Ken-ST Moderator: always tood

Ken-ST Moderator: good

cleon wow - that was a quick grand

Ken-ST Moderator: very nice trade there guys

James-ST Moderator: SKYW pretty nice

Ken-ST Moderator: I dont think you can go wrong covering some into a quck drop like that

cleon agreed - took 1/2 out

Ken-ST Moderator: very nice

Ken-ST Moderator: that is the way to do it

Ken-ST Moderator: all it takes is hitting your Hot Key to buy at the bid

Ken-ST Moderator: if it goes lower, cool, buy a little more

James-ST Moderator: lmao, this Bull Bear debat on INTC on CNBC

James-ST Moderator: debate

James-ST Moderator: The Bull on INTC......the reporter asked him, "You are suppose to be the Bull on INTC and you are telling us there are better stocks to buy than it?

James-ST Moderator: lmao

cleon LOL - probably just trying to nail cramer more on INTC

Zia sorry ken cud u expand on that "press hotkey to buy at bid"

cleon WLS?

cleon or MOGN also?

Ken-ST Moderator: hot keys are great

ak He really meant BullS***ing on INTC.

James-ST Moderator: yep

Ken-ST Moderator: you have quick movements in your favor, all it takes is to hit your hot key to send your order

Ken-ST Moderator: fraction of a sec

Ken-ST Moderator: you dont want to be fumbling with your order while the move is happening

Zia right thanks

Zia but in wat sense

Zia do u mean scaling out of a winning position?

Ken-ST Moderator: yes

Ken-ST Moderator: CTHR IS CLOSE

Zia ahh ok

Zia but how do u buy at the bid?

Ken-ST Moderator: Your platform should have that ability to buy at the bid

Ken-ST Moderator: if you are on direct access

tcat has logged out

James-ST Moderator: I love it when they show those foreigners in session, that parliament....where is looks like a wrestling match

James-ST Moderator: it looks

TAW has logged out

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Ken-ST Moderator: Hi RoG

frog has logged out

RoGeRj hey Ken

dog has entered DayTrading Chat

James-ST Moderator: hey dog

dog ruff ruff

bman has logged out

James-ST Moderator: sit

Ken-ST Moderator: lol

Ken-ST Moderator: Take note of SKYW

Ken-ST Moderator: note where the bottom came in

Ken-ST Moderator: right where the trend fell apart and stock picked up speed to the downside

fzappia2 has logged out

cleon yep - covered the last bit at the 5-ema crossover as per direction - ;)

Ken-ST Moderator: Novice traders assume that is where the trend to the dowside is just starting

Ken-ST Moderator: The astute trader knows, that is more of a sign of the end than the beginning.

cleon ASD HOD

Ken-ST Moderator: nice

Ken-ST Moderator: where the heck is boomer

Ken-ST Moderator Update!

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

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

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

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

James-ST Moderator: Questions or comments?

Zia so all type b triggers cancelled?

dog I do

dog why was ASD a type a when it is far from a new high?

boomer has entered DayTrading Chat

Ken-ST Moderator: there his is

Ken-ST Moderator: gm Boomer

boomer hi ken

Ken-ST Moderator: I was wondering where you were

boomer doing a show

James-ST Moderator: wow

boomer market going sideways

James-ST Moderator: yes zia.....no new triggers, but existing Type B's are open

James-ST Moderator: dog, ASD, may have been far from a trigger, but it was an area that if reached would break a resistance area

dog ok what type b is now open?

frederic have you seen RIMM? what's that?

James-ST Moderator: nothing, but if we had an open Type B, it would remain open.......during lunch we do NOT open and NEW triggers though

James-ST Moderator: CEPH new HOD

dog do you have time to take me for a walk?

James-ST Moderator: RIMM is crazy stuff.......

James-ST Moderator: roll over

dog OK

dog doggie style?

frederic what's behind such a move? how do you explain?

frederic any to catch those on time?

frederic any way

James-ST Moderator: probably some news....RIMM has been driven by news for the last few months, the legal action has put it on edge on sepculation of the results...

jy Just made profit on RIMM

frederic there does not seem to be any news

frederic u gotta have guts to get in now, no?

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

jy RIMM and NTP - the patent holding company will settle for payment and loyality

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

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

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

Ken-ST Moderator: nice jy

jy ASD GJ no pain

James-ST Moderator: CEPH new HOD

frederic jy where do you get your news from?

James-ST Moderator: Feel free to bring up stocks of note or personal trades, others may find them of interest.

James-ST Moderator: Anyone with interesting plans for the weekend?

JP Shopping

JP for Xmas

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

jy frederic - usually I get it from CBS.marketwatch.com. however, i'm home today 'cause of the snow storm

jy and I have CNBC on and they reported the Rimm news

JP I'm not looking forward to it but it's better to do it now than on Dec 24th.......like last year.

frederic ty jy

boomer Hi Jame...can you make a sound check pleae

James-ST Moderator: lmao true

jy RIMM is backing down now

James-ST Moderator: got it boomer?

boomer thanks

boomer has left the room

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tomh James, going to add new matrox card to my computer, 6 monitors!

James-ST Moderator: very very nice

JP Wow.  What kind of PC setup do you have?

James-ST Moderator: more the better.......make sure you adequate cooling with that much

tomh Built it myself, AMD64, 3500.

James-ST Moderator: tomh, a good idea may be to put 4 on 1, and 2 on an old obsolete computer........

James-ST Moderator: use the second one for email, brower etc.......and backup......

James-ST Moderator: use the first for all your trading applicaitons

tomh currently have 4 15"crt's, now going to 6

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James-ST Moderator: no flat screens?

Ken-ST Moderator: That will take up a lot of desktop

tomh Not yet.  I run 3 computers, 1 for trading, 1 for research, 1 for chat.  Big desk!  Will have 8 monitors, all crt

alaska how does MRK look at new LOD?

ak has logged out

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tomh I loaded sun Java yesterday.  Chat room works a lot better now!

Zia good day thus far guys

Zia thanks

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

James-ST Moderator: geez tomh, 8 monitors CRT......your room will hit 100 degrees easily

Ken-ST Moderator: cool zia

Ken-ST Moderator: gj

Ken-ST Moderator: nice tomh

tomh AC works great! a couple of more good months and I have my eye on 3 gateway 21' LCD's

James-ST Moderator: heheh nice

boomer JAMES...SGR...what do you think...short...engulfing bearish pattern

James-ST Moderator: Daily, coming off of overbought levels......concur that recent candles look relatively bearish

boomer thanks

cleon WLS LOD

cleon wow HURC took off again

Ken-ST Moderator: unreal

Ken-ST Moderator: lunchtime breakout there

cleon it is unreal considering multi-day run

cleon WLS is still looking good

reserve has logged out

cleon almost at target

JP DRTE lunch breakout

JP Nevermind

Ken-ST Moderator: lol

Ken-ST Moderator: saw that

Ken-ST Moderator: man that stock is very volatile

alaska that's a tall bar, 65 cents on a 13 dollar stock

Zia is cthr still on then?

Ken-ST Moderator: No, only after lunch

Ken-ST Moderator: sorry that has been corrected

Zia cool

cleon PFE still dropping

cleon could make a TYPE C maybe ?

cleon or major short?

Ken-ST Moderator: would much rather go with the short

Ken-ST Moderator: you want to see a long and consistent trend under the 5 ema, also a bigger drop

Ken-ST Moderator: that is not much of a drop there

cleon ok

alaska has logged out

Ken-ST Moderator: Very slow day

Ken-ST Moderator: if you have a profit today be very glad

Zia man i am getin tired of these slooow days

Zia lol

Zia wen was the last fast one?

cleon might be slow but results are good

cleon all three scoreboard items made profit at a reasonable pace without any SHO issues.  i'd be happy if every day was like this

Dusty has logged out

James-ST Moderator: Well........

James-ST Moderator: Just try not to force any trades.......waste of commissions

Dusty has entered DayTrading Chat

cleon from a scoreboard perspective, which was the best day this week?

tomh has logged out

James-ST Moderator: ah today

cleon exactly - i'd rather make money than just be busy :)

James-ST Moderator: yep

cleon get a chance to pet the dog, etc. LOL

James-ST Moderator: lmao

cleon PFE still making a steady march to it's YTD low...

James-ST Moderator: Amazing......the way drug companies make money hands over fist you would think that could not happen....but just one Vioxx or other misstep....

cleon lawsuits, efficacy studies and patents/generics drive everythign for them

James-ST Moderator: yep

cleon i used to invest in the smaller drug compaines, but it was just too difficult to predict FDA approval, study results, etc.

James-ST Moderator: all or nothing for those smaller companies

Ken-ST Moderator: right at its lows

cleon fighting to stay there

dog lloks like vphm cracked

RoGeRj anyone having trouble with esignal today??

cleon amazing how those old numbers hold sometimes (PFE at .71)

Ken-ST Moderator: yup

RoGeRj I have data now - but no prevoius bars

cleon gold is up another $10

Ken-ST Moderator: incredible

JP Anyone trading NMGC today?

cleon watching but not trading - earlier it was shooting up like a rocket

Ken-ST Moderator: Just seems like people want safety, and real estate seems to pricey

Ken-ST Moderator: putting their money into tangible assets

Ken-ST Moderator: gold perhaps a logical choice

RoGeRj thanks Todd

JP I've been in and out a few times today.  I'm going to keep watching it this afternoon for another run.

cleon strong today

cleon is that just a bad tick on NMGC or did someone actually buy it at 9.25?  how can you tell?

Ken-ST Moderator: Be right back gang

Ken-ST Moderator: 20 minute break

JP No idea Cleon.

James-ST Moderator: most likely mispritn cleon

cleon nice uptrend on tehe 30-min

cleon pfe fought back off the low - bummer, although could make for better entry i suppose

James-ST Moderator: like you noted......that 20.70 level set on 10/21 could be support

cleon yeah, i'm swingtrading the breakdown at 20.70.  i think the support was at .71

cleon turned back down again - makes better stop on day trade 20.77 if triggered? or would you suggest something looser (I know it's lunch)

James-ST Moderator: i like the stop cleon.....just not sure about the actual short.....

James-ST Moderator: Make sure it breaks that low for confirmation,

cleon i know - still oversold and bad timing

James-ST Moderator: Stock is very oversold

James-ST Moderator: yep you got it

cleon hopefully it won't trigger until later under better conditions - i might wait - we'll see what happens

cleon my swing trade account is going to auto-trigger anyway so i can pass on the day trade

James-ST Moderator: nice

cleon maybe

cleon LOL - i never count my chicken 'till they book a profit ;)

cleon chickens

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

cleon there it goes

jy i think i got about 1 foot of snow here and it's still coming down

cleon have a feeling it's going to be a slow mover if at all

cleon where jy?

jy some traders did not go in today in NYC

jy Boston

cleon we're finally out of the 0s and back up above 40 in Denver

jy Denver is nice

cleon love it

cleon wow - NMGC up over 140% today

James-ST Moderator: cleon i went to breckenridge other winter ......man that altitude adjustment is brutal

James-ST Moderator: talk about headache for a day or two

cleon you don't notice it as much being from here - i'm at 6000 ft so skiing only adds another 4k

cleon drink more water - superhydrate - helps

cleon water and ibuprofen and you're good to go up to 14k ;)

James-ST Moderator: we drank on arrival.....i thought i was going to die the next day

cleon bad idea

cleon someone gave me a bottle of Remy XO - one drink at night gaurantees a headache in the moring unless i down it with a liter of water

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James-ST Moderator: hey alaska

alaska did I miss anything? had to start the generator here, windstorm took out the power

James-ST Moderator: ouch, nothing much, a slow december friday

alaska thx

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cleon ES keeps testing that 1260 area today

Ken-ST Moderator: back

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alaska why are the semiconductors rising today?

James-ST Moderator: INTC

James-ST Moderator: was actually downgraded......maybe good news for everyone else

cleon didn't they tank yesterday?

Ken-ST Moderator: intc recovered some

James-ST Moderator: yes, check amd and competitors though

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Ken-ST Moderator: wb tomh

Ken-ST Moderator: hi entropy

entropy hi k

Ken-ST Moderator: hows everything going today?

entropy we gonna make any $ this afternoon?

Ken-ST Moderator: we are just killing time here until the lunch period is over

entropy today cold

cleon man...futures txns are so much easier than stocks...stops are instant, etc.

Ken-ST Moderator: are we going to make money this afternoon?

cleon just say yes

Ken-ST Moderator: you trading futures cleon?

alaska is it generally true that stocks that rise in the AM and continue that trend through lunch, tend to continue up trend in afternoon for more gains?

Ken-ST Moderator: are we.....the plan is always YES

cleon just messing around with single contracts and range trading to get a fell

cleon feel

entropy yes is good

Ken-ST Moderator: no alaska, I have not found any really solid relationship like that

entropy hope for the best

entropy expect the worst

Ken-ST Moderator: it all depends where the stock is in its trend

Ken-ST Moderator: prepare for the worst?

entropy no expect

entropy there is a diff

entropy if expecations are low one wont be dissapointed

Ken-ST Moderator: we will be opening the room on the 19th cleon for futures

Ken-ST Moderator: traders here will have a 1 week free trial

cleon excellent - ready and willing

entropy K will you manage my $ in futres

entropy discretionary

Ken-ST Moderator: we normally do not give free trials, but we will in this case, only to our current subs.

Ken-ST Moderator: No entropy, I will not manage accounts. sorry

alaska cool

cleon because you love us so much eh?

Ken-ST Moderator: I will manage funds in a hedge fund next year though

cleon are you getting a tv show?

cleon aftwerwards

cleon ;)

MarkB snowstorm hitting hard gotta go goo luck all

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entropy hedge fund...................how much you raising?

cleon ken, you're basically just trading ES right? or commodities also?

entropy cleon are you placing mkt orders to open positions here?

Ken-ST Moderator: I only trade the ES

cleon cool

Ken-ST Moderator: Entropy, not exact amount yet

Ken-ST Moderator: we are still in the registration process

entropy you mean drafting the docs?

cleon looks like indices might be rolling over...

entropy K anyone else managing the hegde fund other than you?

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Ken-ST Moderator: I have  a partner

Ken-ST Moderator: I think we can outperform most any hedge fund out there

cleon Brian from Family Guy?

cleon LOL  - jk, my favorite character

entropy James wnats to be a Partner

cleon quick question on futures - is it accurate to assume  that there is no such thing as running stops, and other floor manipulations due to electronic medium?

cleon PFE looking much better now

Ken-ST Moderator: running stops?

Ken-ST Moderator: like trailing?

cleon yes

cleon no - purposeful manipulation on price to take out stops

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cleon it's pure electronic marketplace right, so no manipulation

entropy where $ is involved there will always be manip

Ken-ST Moderator: You see false breakouts

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Ken-ST Moderator: but really cleon, I cant aswer that

cleon k

Ken-ST Moderator: because you also have the big S&P contracts too that move in lock step

Ken-ST Moderator: those are not electronically traded

entropy cleon

cleon that's right - they are still open outcry

cleon ?

entropy how do you place open orders here to open

entropy mkt or limit?

cleon i don't use mkt - burned too many times but might be my platform

entropy are you pleased with the fills?

cleon yes, but probably using unorthodox approach - limt with discetion and then a conditional trigger

cleon wow - spx just shot up - took out my ES stop - oh well

entropy sound esoteric

entropy are you placing orders above/below the trigger price?

cleon my typical order would be something like a limt of 34.01 +/- .03 to trigger when last price and offer are 34.01.

cleon assuming 34.01 is trigger

entropy oic

entropy so sometimes you get a fill and the stock doesnt trigger?

cleon ken's way is better I'm sure, mine takes a few seconds of setup for each order so only works if you have alert ahead of time

cleon no, .03 only in play if triggers

cleon discretionary amount is for the limit price, not the trigger

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cleon that's why i have the conditional order, otherwise it would be as you suggested

cleon my mkt order always suck on both entry/exit for some reason

entropy the condition is the trigger?

cleon yes

entropy ok

Ken-ST Moderator: lets open up some alerts

entropy do you always get as much stock as you order?

cleon no trigger, no order, then if trigger, order plus wiggle room

cleon don't always get a full fill, but usually, and usually the fill will complete after a few seconds of the price moving around

entropy what platform ?

cleon only miss the extremely fast moving stocks which is like 1 in 10 or less in terms of complete miss

cleon Interactive Brokers software but don't recommend - use a real DAS platform - I am switching to TradeSTation but I'm sure Todd's works well also

entropy Bad experience with IB?

cleon software is not really meant to handle day trading - charts lock up all the time.  just very cheap commissions.  going to use it for swing trading account only after i switch - very happy with IB, just not for this kind of trading

entropy yes very cheap

entropy .005

cleon very happy with broker - just need better software

cleon also a big TeleChart fan

cleon HURC reversed today

cleon same with MOGN

entropy ceph hod

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cleon sorry ken, missed your interjection earlier

entropy K, is there some seasonality which is behind you earlier remark about December?

Ken-ST Moderator: It gets a little slower

Ken-ST Moderator: those times you want to be more conservative

entropy Last year was good for you

Ken-ST Moderator: but opportunites are still there

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entropy ovti anything happening there

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cleon PFE POS

James-ST Moderator: Why would Jake Gylenhall and Heath Ledger make a gay Cowboy movie....that has to be the wierdest movie preview i have ever seen

James-ST Moderator: well you called it cleon.......support there

entropy they are gay thats why

cleon thx James

James-ST Moderator: could be.....

alaska can pfe be an official short?

entropy its called "acting naturally"

entropy want to see syriana

entropy like matt damon a lot

JP Me too.  Syriana looks great

Ken-ST Moderator Update!

James-ST Moderator: yes.........i loved Traffic......this should be about the same

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PFE 20.68[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PFE 20.68[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]PFE 20.68[/b]

alaska Traffic the band, yeah man

James-ST Moderator: there ya go alaska

cleon don't know i have the heart to retry PFE - LOL

Ken-ST Moderator: retry cleon?

Ken-ST Moderator: this is a more ideal setup

cleon lunchtime breakout against better advice ;)

Ken-ST Moderator: exactly what we look for

entropy pfe big cap nyse.................

cleon i agree

cleon trigger happy

Ken-ST Moderator: we do not play the initial break on the stocks coming down from a long way away

Ken-ST Moderator: wait for the initial break and hope for a rally up

Ken-ST Moderator: lik PFE did to 20.80

Ken-ST Moderator: Then you can place your trigger at a new lod

Ken-ST Moderator: and now you have a great place for a stop

cleon i know - just being stupid

alaska the run up to 20.80 made this a play that has been tested then?

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entropy send the specialist an e-mail and tell him you want to short it

Ken-ST Moderator: nah cleon

Ken-ST Moderator: nothing stupid

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Ken-ST Moderator: well, thats not stupid I should say

cleon ..not intelligent move then...LOL

cleon so much for rally

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James-ST Moderator: Slow Holiday Friday........

James-ST Moderator: For Christmas this year this room will be having a Secret Santa.....I will be the First Secret Santa and desgnate Two more Secret Santas....

alaska seems like PFE is going to have some nice support in the  current range for our short

James-ST Moderator: Each Secret Santa will in turn designate Two more Secret Santas

James-ST Moderator: no trigger, no problem alaska

cleon definately  looking bearish

James-ST Moderator: Now.......each Secret Santa will in turn pass $20 bucks up to the Secret Santa above them...

entropy has logged out

jy PFE 52 week low is at 20.71 on 10/21 this year. Interesting to watch.

Ken-ST Moderator: nah cleon its all about time frame

Ken-ST Moderator: you are spotting great trend areas

Ken-ST Moderator: and on the right side of the trade

cleon nice thing about PFE is that sub-industry is also in downtrend overall

jy If PFE breaks the 20.69 to 20.68, it eill be interesting.

entropy has entered DayTrading Chat

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

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James-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]PFE 20.68[/b]

James-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]PFE 20.68[/b]

James-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]PFE 20.68[/b]

jy So PFE short is open ?

jy PFE short is open

James-ST Moderator: YES

entropy stop?

James-ST Moderator: 20.81

cleon nice tight stop - can't beat that

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PFE 20.81[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PFE 20.81[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PFE 20.81[/b]

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Zia guys jst wondering why pfe wasnt in

Zia list

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Ken-ST Moderator: sorry it will be added ty

Ken-ST Moderator: actually it is

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jy PFE is in TYPE A

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Zia lol for sum reason my screen didn update

Dusty K would ceph be a short at 54.80>

cleon mkt HOD

Ken-ST Moderator: It does not fit our strategies but I can see what you are seeing

cleon thati's it for me today - see you guys next week - everyone have a great weekend!

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frederic the only stock I picked from the chat today was PFE .........

Ken-ST Moderator: stop is just about .5%

Ken-ST Moderator: market is overbought

Ken-ST Moderator: and there is 1.5 hours left in the day

entropy K anything close?

Ken-ST Moderator: CTHR but that came out of no where

entropy volatile

Ken-ST Moderator: Yes

Ken-ST Moderator: and the market is overbought right now, I would rather stay away from any longs

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entropy hod could be a hook there

MarkB GG new lod

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entropy fwlt lod?

Ken-ST Moderator: lets see if we can find a tight stop

entropy dam, this salsa is hot

entropy find one yet?

Ken-ST Moderator: Lets do it

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FWLT 36.32[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FWLT 36.32[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]FWLT 36.32[/b]

MarkB fwlt

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator Short!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]FWLT 36.32[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]FWLT 36.32[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]FWLT 36.32[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.76[/b]

frederic has logged out

Ken-ST Moderator: hmm wonder where fred went

Ken-ST Moderator: his one trade today is at the lod

Ken-ST Moderator: PFE tanking now

Ken-ST Moderator: down .01 from our entry

entropy does ovti have a shot hod

alaska SMH is gaining nicely, got long at 37.47

Ken-ST Moderator: gj alaska

Ken-ST Moderator: that is an awesome trade

alaska thx

Ken-ST Moderator: we were only looking for a short opp on ovti

Ken-ST Moderator: now back in range

Ken-ST Moderator: any questions?

Ken-ST Moderator: kind of a lackluster day

Ken-ST Moderator: slow market rally but back into recent range

Ken-ST Moderator: countertrend

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

Ken-ST Moderator: stoch down, market under the 5 ema

Ken-ST Moderator: Cleon, study and get to know the 5 min chart

Ken-ST Moderator: will help when trading futures

tcat have a good weekend  gang

JP has logged out

tcat has logged out

Ken-ST Moderator: ok tcat

Ken-ST Moderator: PFE new lod

Ken-ST Moderator: yeeeeeeeeeeehaaaaw

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PFE 20.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PFE 20.76[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]PFE 20.76[/b]

Ken-ST Moderator: PFE new lod

TraderBob Get some for me.  I held that stock for 4 years once and took a loss.

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Ken-ST Moderator Update!

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

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

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

Ken-ST Moderator: Scale out with moves in your favor

entropy has logged out

kimmron K, still hope for FWLT?

Ken-ST Moderator: still under its 20 ema

jy O.K. We have 18 invhes of snow so far.

jy inches

Ken-ST Moderator: we can move the stop now

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.61[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.61[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.61[/b]

Ken-ST Moderator: PFE scale out wiht moves in your favor

Ken-ST Moderator: its close to the end of the day

Ken-ST Moderator: you should walk away with spending money on that trade

Ken-ST Moderator: worst case

jy yes. it's late will do on PFE.

Jose has logged out

kimmron scaled out 100%

Ken-ST Moderator: coool

Ken-ST Moderator: gj

Ken-ST Moderator: FWLT new lod

Ken-ST Moderator: scale out with moves in your favor

Ken-ST Moderator: its late in the day

MarkB fwlt crash and burn

Ken-ST Moderator: lol Mark

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.47[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.47[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.47[/b]

Ken-ST Moderator: set stop to entry if FWLT makes a new lod

Ken-ST Moderator: PFE, nice slow example to analyze a trade over

Ken-ST Moderator: ty cleon for pointing out the trade for us.

Ken-ST Moderator: man I am going to dress up as Cramer next year for Halloween

Ken-ST Moderator: How easy is that costume

Todd-SOF Direct lol

Ken-ST Moderator: of course it may invovle 5 cans of Red Bull before I go out

tomh Cramer always good for a laugh...unless you bought his stocks.

Ken-ST Moderator: lol

Ken-ST Moderator: yup

James-ST Moderator: Market slight sell of into close stochastics are down

James-ST Moderator: wow GOOG down 4 bucks in a heartbeat

jy o.k. ty guys cu monday have a good weekend

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James-ST Moderator: ok jy take care bud

alaska bye guys! thanks

Ken-ST Moderator: ty alaska

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James-ST Moderator: ok alaska

Ken-ST Moderator: have a nice weekend

kimmron Take care guys,Ken, James tnx for the nice day

James-ST Moderator: ok kimmron take care

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bengal Have a nice weekend K/J.  Thanks for today.

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boomer KEN...FWLT is forming a dark cloud...isn't it?

Ken-ST Moderator: see you guys

Ken-ST Moderator: dont make too much of it

Ken-ST Moderator: its still below the 5 EMA

Hunter : Have a good week end Ken & everybody, take care

Ken-ST Moderator: boomer, are you in on FWLT?

boomer yep

Ken-ST Moderator: ok Hunter, take it easy man

Ken-ST Moderator: was that the only trade you got in today?

Hunter has logged out

Ken-ST Moderator: When we were knocking down some winners this am, I was hoping you were around to catch some of that

MarkB I had some good trades today Ken thanks

MarkB I'm getting the hangf=g of it

Ken-ST Moderator: You kept mentioning that you were bad luck or sumptin

MarkB hang of it

Ken-ST Moderator: nice mark

Ken-ST Moderator: good job ...that is what we love to hear

MarkB cu Monday

Ken-ST Moderator: cool, cu

MarkB has left the room

Ken-ST Moderator: come on FWLT break that dang lod

Ken-ST Moderator: there we go

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.36[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.36[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]FWLT 36.36[/b]

Ken-ST Moderator: there we go

Ken-ST Moderator: you should be scaling out on the bid gang

Ken-ST Moderator: easy to get out

Ken-ST Moderator Update!

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

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

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

Ken-ST Moderator: Should be scaling out gang

Ken-ST Moderator: of both

Ken-ST Moderator: we have just 5 more minutes

Ken-ST Moderator: both are nicely in the money

Ken-ST Moderator: I know you are all out on FWLT already

Ken-ST Moderator: and PFE

Ken-ST Moderator Update!

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

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

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

Ken-ST Moderator: note how that big drop on FWLT was the end of the run

Ken-ST Moderator: Ok gang, I am heading out here

Ken-ST Moderator: Take it easy everyone

Ken-ST Moderator: have a great weekend

Ken-ST Moderator is no longer a moderator

Ken-ST Moderator has logged out

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boomer KEN...have a nice weekend...and JAMES to

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RoGeRj BYE!  thanks for a good day - on what could have been a slow day.

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dana have a good weekend guys