James-ST Moderator: gm all

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jovid gm james, all

Amlo gm James

Dusty gm all

izzy: AMGN short?  KOSP long?

Amlo maybe

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RoGeRj GM James and all - the site seems to be working well this morning - yesterday I couldnt type and and could see the half the time.

RoGeRj (couldnt see the list )

eggdonor SMSC

RoGeRj still made money!!

eggdonor DRI

James-ST Moderator: some server problems

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eggdonor XMSR

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mark2 gm everyone

izzy: GM mark

James-ST Moderator: DRI is decent, others are in recent range

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James-ST Moderator: gm anyone i missed

eggdonor smsc is in a range?

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James-ST Moderator: sure, it has traded 31 ish for the last few weeks

eggdonor OSUR is under $10

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James-ST Moderator: yes, but not before today

tomh gm

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eggdonor Ken said never under $10

James-ST Moderator: no

James-ST Moderator: the rule for 10 is that many brokerages do not allows shorts under 10

James-ST Moderator: but if the stock was 10 yesterday it would be on short lists

James-ST Moderator: keep trying ak

eggdonor not my point....... Ken said we dont play low priced stocks.............but its your show...................

James-ST Moderator: ahk, ken said that for the above reason

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eggdonor maybe..........many times I have given Good type B that were even at 10 and Ken said the price was too low

eggdonor frankly it makes no diff to me

James-ST Moderator: good

eggdonor just trying to undertsand the rules if any exists

James-ST Moderator: hey alaska

James-ST Moderator: how lonk you been with us ahk?

alaska gm

eggdonor few months

James-ST Moderator: Options expiration today.........

James-ST Moderator: Market gapping right to year highs

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James-ST Moderator: hey king

eggdonor ECLG

James-ST Moderator: nice, will add to watch list

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James-ST Moderator: HEY TODD, BIGP

Todd-SOF Direct Gm James

Todd-SOF Direct gm everyone

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James-ST Moderator: hey tms

Dusty Hey James how about flml

bigb gm all

James-ST Moderator: 18 area puts it in recent trading area

eggdonor SFCC

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jy gm

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boomer gm all

James-ST Moderator: hey jy, boomer

James-ST Moderator: nice SFCC, wow, that pos keep going down

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James-ST Moderator: hey dana

eggdonor as I said yesterday, the shorts think its a donut

dana gm guys

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James-ST Moderator: BEAV is gapping above trigger.......may be canceled

bigb beav already gapping up

bigb ya there we go james

bigb good call

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James-ST Moderator: hey hunter

Hunter : gm James

Hunter : gm Todd

Hunter : gm everybody

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david Morning Jamies, all

James-ST Moderator: hey david jp

JP GM

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MarkB howwwwdy

James-ST Moderator: [b]Watching for Type A Buy on[/b] [b]BEAV 21.22[/b]

James-ST Moderator: [b]Watching for Type A Buy on[/b] [b]BEAV 21.22[/b]

James-ST Moderator: [b]Watching for Type A Buy on[/b] [b]BEAV 21.22[/b]

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James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]BEAV 21.22[/b]

James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]BEAV 21.22[/b]

James-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]BEAV 21.22[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFCC 15.11[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFCC 15.11[/b]

James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]SFCC 15.11[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ADBE 37.58[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ADBE 37.58[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ADBE 37.58[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ADBE 37.58[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ADBE 37.58[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ADBE 37.58[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SFCC 15.11[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SFCC 15.11[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]SFCC 15.11[/b]

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

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

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

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

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

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

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]ADBE 20.99[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]ADBE 20.99[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]ADBE 20.99[/b]

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alaska ?

MarkB WHAT

jy ???

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BEAV 20.99[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BEAV 20.99[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BEAV 20.99[/b]

jy ADBE or Beav

James-ST Moderator: BEAV

MarkB James no Crack befor noon

James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]BEAV 20.99[/b]

James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]BEAV 20.99[/b]

James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]BEAV 20.99[/b]

eggdonor beav was lame

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Kicking eggdonor ...

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James-ST Moderator: SFCC.........

James-ST Moderator: DRI, will look for short trigger only...

James-ST Moderator: OSUR trading right at support...........hopefully we can get a long trigger

izzy: beav long?

James-ST Moderator: stopped

bigb beav was the only one i was able to get into.......

JR anyone watching kosp today, tanking again

izzy: wow, cool

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James-ST Moderator: wow KOSP.....unfortunately it did not gap, so it did not fit any strategies

izzy: beter safe than sorry

James-ST Moderator: ADBE and SFCC nice runners.....

izzy: i'm trading less than everything, i coulda made more with adbe, but i didn't have much emotion tied to it, so that was cool

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Dusty etrade has not let me short sfcc all week. Bummer.

izzy: same here with ameritrade

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izzy: OSUR???

James-ST Moderator: well, when ken is back.....2 pairs

James-ST Moderator: on 9/22 it created support around here......will not play this first break izzy

JR brcm moving fast

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DRI 37.10[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DRI 37.10[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DRI 37.10[/b]

izzy: james: hm, okay, so strategy is, watchwhat it does around the support, and then react if it looks like it is doing it again?

James-ST Moderator: OSUR nice gap down, but if we look back at daily it has dropped to support levels, ideally we would like to fade gap and go long.........but since it dropped to support, we will wait to see how it does on first break

James-ST Moderator: You see from August to October that ist has traed at these levels?

bigb kosp actually up now

izzy: DIR close

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DRI 37.10[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DRI 37.10[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DRI 37.10[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DRI 36.56[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DRI 36.56[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DRI 36.56[/b]

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

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

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

James-ST Moderator: hey entropy

James-ST Moderator: SFCC new LOD

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James-ST Moderator: lol......CNBC mornign crew breaking up?  Lot of tears coming......

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

izzy: :-/

izzy: anyway, OSUR?

James-ST Moderator: There ya go izzy.....looks like OSUR held support.......let's look for consolidation and hit it long.

izzy: kewl

Dusty Izzy you must read Lats and Atts!

MarkB Lats andATTS?

izzy: ...i think he means staring at the charts...?

Dusty sailing rag. One of their catch phrases.

MarkB oh

James-ST Moderator: SFCC new lod

Dusty kewl

James-ST Moderator: Who was shorting SFCC yesterday?

bigb i lost a little in beav but made big in sfcc, another good day, thx james

James-ST Moderator: ah there ya go......awesome bigb

bigb i shorted it yesterday too

izzy: i didn't want to touch beav, gave me a bad feeling, i made 1K today, my goal is to break 2K

izzy: i messed up on DRI, i put sell limit for 37.48, and it NEVER filled, i ended selling as 37.26

izzy: still made something tho, as long as i don't lose money, i still love you james =)

James-ST Moderator: Nice bigb, what broker?  lot of these members brokers dont have SFCC on the short list

James-ST Moderator: DRI still in nice uptrend

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MarkB 2 grand I didn't maKE ON THAT SINKING SHIP

izzy: wow, SFCC really tanked

bigb i use ib but found slow good ol scottrade to do the job on that one

James-ST Moderator: hahahahah bigb

MarkB That's good news they know me there

izzy: dri tankin

izzy: i'm doing long again at 37.10, ROUND TWO

izzy: hm actually, according to james' wisdom yesterday i shouldn't..... so i wont

James-ST Moderator: yes dont

izzy: old me VS new me, internal struggle to the max

izzy: internal struggle @ HOD

izzy: :-/

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MarkB It'll go higher

bigb osur building up

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JR whats the trigger on osur

kimmron whispers to you hi james. i get many "dings" but not a real message from you. is there any problem with the "ringing that you are aware of?

MarkB What do you think Izzy 9.15

James-ST Moderator: OSUR no trigger yet.....

izzy: you guys tell me when to get in on OSUR cuz I don't trust myself...

izzy: Mark: i wouldn't touch it, very low price, and my gut feeling is that it's too crazy to predict

James-ST Moderator: hey kimmron......server may be the problem, or your connection, but i am not aware of any sound problems

MarkB Shoot Izzy your the only guy I really trust

MarkB IF you are a guy

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izzy: LOL, bad call, you will be bankrupt soon

izzy: i'm a dude

izzy: unless u want to send me money, then i'm a chick

MarkB lol

izzy: <-- 34C looking for investment capital, will repay with "interest"  <3 <3 <3

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

MarkB I've met chicks like that

MarkB and I'm just not that drunk

izzy: let me send you some booze then, what's ur address?  ;-

izzy: P

izzy: (don't answer that)

James-ST Moderator: OSUR may break LOD.......will be interesting?

MarkB BEAV finding ceiling resistance at 20.96

izzy: OSUR is potentially a hell stock...

James-ST Moderator: yep, will not have a long trigger unless we can narrow the stop

izzy: are we shorting BEAV?  THAT i feel comfortable with, it seems like a stock that will have better chances on the downtrend than uptrend for day traders... but hey, that's purely subjective

izzy: true

James-ST Moderator: Does not fit strategies, but if you do best stop is the recent high

izzy: naw, i've promised myself NOT to do trades that aren't on the play board on the left!

MarkB James

izzy: IRC has ignore commands, i'm not sure if this does

MarkB AMGN gapped down slightly and is now challenging HOD Would youleave it alone, trigger HOD, trigger at yesterdau's high

James-ST Moderator: Mark

James-ST Moderator: On daily it is stuck at 50 day ema....dont see much in it Mark

MarkB THX

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izzy: alaska:  lol, np, i totally understand, but sadly i don't think they have that feature, i can tell mark to STFU if u want?

jy Izzy, our strategy is NOT to trade stocks thta have 'better or worse' chances to go down or go up. James and Ken have a defined strategy and it has been a profitable one.

izzy: jy: i understand, i'm trying to shake off my old way of trading and take on this new method, which seems maybe less profit, but MUCH LESS STRESS

entropy SFCC data on left is incorrect. 14.96 exit, 0.15

MarkB Looks like ADBE is ready to give it back

jy o.k.

James-ST Moderator: SFCC.....new lod

bigb wow thats been a great one.....

bigb now if i could just get darden to rebound

James-ST Moderator: OSUR we can set a stop of 8.78 if we go long......dollar wise not much, but percentage wise very good......

James-ST Moderator: percentage wise, very bad......not good

James-ST Moderator: Huge gap above it though...monitor a bit more

bigb 22% gap, they must have pissed off someone

James-ST Moderator: Quadruple witching today......not much volatility now, but it could pick up...........

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Hunter : James sndk long at HOD ?

MarkB DRI looking over bought at retractment

Hunter : when you answer please don't holler ! lol

MarkB Good time to get in if i didn't before?

James-ST Moderator: could work out.....a little overbought though

Hunter : ok thx

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James-ST Moderator: Just like yesterday.....looks like it is nearing resistance on daily chart.......but heck.....has gone up 1.50 since i said that

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

izzy: James: so does sofdirect pull up intraday charts for the whole day and continues to update in real-time?

izzy: ameritrade, if i close the streamer, it only collects data when it is open, and u can only look back that far

James-ST Moderator: Yes, there trading platforms lets you make as many charts as you want......

James-ST Moderator: Currently i run 4 monitors with 9 charts on each

izzy: nice, if i quit my day job, i'm going out to buy 3 more monitors!

MarkB YOU are  a stud James

izzy: lol

James-ST Moderator: izzy ask Todd for dem software

James-ST Moderator: demo

MarkB I can't imagine ever having enough monitors

James-ST Moderator: Free, and you can at least get on the same page as us

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MarkB I  just upgraded to 2 15 inchers

James-ST Moderator: Or at least take your first dive into charting software

MarkB and i can see 4 21 inchers will only keep me satisfied

James-ST Moderator: hey reserve

MarkB util I can afford more

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James-ST Moderator: Feel free to bring up stocks of note........or personal trades........whetehr they fit strategies or not others may find them of note

Dusty when you say a stock is trading into congestion what do you mean?

izzy: it's getting sick and needs to see Dr. James...

James-ST Moderator: Looking at daily chart of the stock.....we can see the stock is trading at levels it has seen in the recent few months

Dusty thx

James-ST Moderator: See ADBE......pull up daily chart......look back.......no congestion

James-ST Moderator: New levels

izzy: hm, so the term "trading into congestion" means the stock is moving into recent levels, or it means it has been trading at recent levels?

bigb c'mon sfcc, what are you doing

James-ST Moderator: See AMGN.....daily chart........we can see it has traded at this 80ish level all the way back to July........heavy congestion

izzy: so basically, it's following it's normal pattern of trading?

Dusty how far back do you go to determine "congestion"?

James-ST Moderator: Stocks that trade into non congestion areas like ADBE and SFCC usually much better than stocks in congestion

James-ST Moderator: ABout 12 months

MarkB EXTYTREMELY low volume

MarkB am I right?

izzy: much better, you mean they match the strategies and methods to react to movements better right?

James-ST Moderator: yes.....when they are not in congestion

MarkB Just generally

izzy: james: cool

MarkB but at few onour watch today

bigb osur lod

James-ST Moderator: OSUR...break LOD........

Dusty so on amgn it could trade down to 56 or so on a short and it would still be in congestion?

James-ST Moderator: Will not play this first break......

izzy: long or short if it breaks LOD?

izzy: ah ok

MarkB Too many orders below

James-ST Moderator: AMGN down to 73ish......

James-ST Moderator: After that a gap below

MarkB You mean 78?

James-ST Moderator: About Mid October lows

MarkB I see it now

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Dusty ok, got it. partly a judgement call based on chart shape in terms of how far back to go.

MarkB We have a stop on DRI?

James-ST Moderator: yep depends where it gaps to......

James-ST Moderator: Well we hit profit......our original stop was 36.56

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James-ST Moderator: wb alaska

MarkB I had late entry

James-ST Moderator: Market is dead flat since open, trading above 50 ema on 5 minute chart, stochastics are slightly overbought

MarkB THX'

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MarkB osur lookin like its tanking i'm goin in tight stop

jy DOW is up but NASDA is down

entropy OSUR lod trade worked

James-ST Moderator: yep

entropy mot much $ but god %

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James-ST Moderator: Low priced stocks had to enter.....the stops are usually very large %age wise.......

James-ST Moderator: are hard

entropy my stop was 8.83

jy CHICAGO, Dec 16 (Reuters) - A California clinic halted use of OraSure Technologies Inc.'s (OSUR.O: Quote, Profile, Research) oral HIV test because of growing concerns about its reliability, sending the company's shares down more than 22 percent on Friday

James-ST Moderator: Very good entropy

James-ST Moderator: Good to hear it was your brokers short list as well

James-ST Moderator: on

izzy crud, did i miss something, are we in DRI?

James-ST Moderator: Can't type today

entropy np there

James-ST Moderator: No, we are not in DRI

izzy k, thx

MarkB Wht Izzy did your boss come by

entropy 8.49 closes the position

izzy haha, no the internet here hiccuped

James-ST Moderator: izzy, what kind of job do you have that you can trade all day from work?

James-ST Moderator: awesome entropy

izzy my boss here is cool with me trading

James-ST Moderator: handsome

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

James-ST Moderator: lmao izzy, so what do you do?

izzy i work for the state, ur tax dollars go to me to trade

James-ST Moderator: hahahahha

izzy =)

izzy i'm a network administrator / computer programmer

jy izzy - which state ?

izzy FL

jy dhould taslk your boss into trading too

jy lol

izzy her husband trades, that's why she's cool with it

James-ST Moderator: figures.....you are the second guy i know who does that.......we had an environmental engineer from Florida who worked for the state that would trade all day no problem

izzy LOL, yea it's nice

gd Gotta get a state job...

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izzy it's nice, FL is a right to work state, so if i was in the private sector i could be fired for talking funny, but in the state i am well protected =)  needless to say, a lot of people slack off compared to working in the private sector

izzy honestly tho, i do my job, it's just REALLY REALLY REALLY slow around here almost all the time

izzy i get paid peanuts tho, so that's probably why

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

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david See you later guys.

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izzy honestly, i would make more money sleeping at home than i do here, but i like having a reason to wake up in the morning...  it's also taught me a lot working here, so it's been worth it in that respect

izzy but anyway...

izzy i'm young, i'm learning a lot all the time =)

RoGeRj If you trade at work you need "STEALTH SWITCH" its a foot switch that instantly switches your screen back to work docs - with a foot switch - just saved me a few minutes ago best $20 investment

James-ST Moderator: ah interesting

James-ST Moderator: Trader secrets come in all forms.....lol

izzy haha, i've seen that, but i have my laptop on my lap and i'm facing the door, so i just hit windows+D (same thing as foot switch)

izzy James: it's tru

izzy lol

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jy Roger, I heard some companies have tracking software on which web-sites employees go to ?

RoGeRj this IPO  SPSN is starting to fly  -  got in at $12.04!!

izzy jy: depends, yes they can do that quite easily, whether someone goes thru those logs is another question

James-ST Moderator: Yes, most companies can monitor employees web surfing

James-ST Moderator: Awesome nice Roger.......

izzy jy: for instance, the network i am on now is segmented and considered public, so they have no legal right to do so, however, if i plugged into the internal network, chances are it's monitored

entropy ty OSUR

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

James-ST Moderator: Great entropy glad to hear some one profited from that dog

izzy okay, see you all in the PM, i'll be in a free lunch until 1pm =) cya all after that (more of James tax money)

entropy wasnt easy..............

jy izzy, plus you're the network admin. so you know what's goin gon

izzy yes sir, i do =)

MarkB opsur still dippin

MarkB Does that aids test work?

MarkB OSUR

RoGeRj ipo in 1 min  DEIX

izzy MarK: don't touch that stock, u'll get burned

izzy roger: short or long?

MarkB I went short 20 minutes ago 70 bucks up right now

izzy mark: short is okay if u got in earlier, too risky now, unless u like risk..

RoGeRj it takes a min or 2 to tell

izzy what did u get in at?

MarkB but I just stopped up to 8.57

MarkB in 8.57

MarkB stop 8.52

izzy oh okay, ur set then, yea lower the stop

izzy if it was me, i'd get out now =)

MarkB Have a great lunch IZZY

MarkB Tight stop'll do incase the lotto hits

James-ST Moderator: Taking lunch here gang

izzy oh RIGHT, l8r

MarkB later James

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izzy oh, looks like i got 20 minutes...

izzy rgr: how will you enter DEIX?

RoGeRj I wouldnt from the way it is acting  has no up trend - NOT IN

reserve sorry gd.  sure don't know how I "whispered to you".

RoGeRj SPSN is a flash memory manufacturer so there is a lot of interest up .75 so far- these IPO's can run up for a while while everyone finds out about them and then they tank25 - 35% of gain

JR RoGeRj, how did you know the time the IPO would open?

MarkB CNBC talking about ity now

RoGeRj Im on TRADE THE NEWS .com  they count down to the open of all IPO's  .  When  im not doing calls from Ken and James I trade news of the internet audio feed

MarkB ll done said they originally wanted to open around 18 so there may be some upside

RoGeRj If it crosses the 5 period MA Im out on SPSN

RoGeRj I think SPSN just got the pumpfrom the CNBC news!!

jy SPSN is a spinoff from one of the big makers. ( i forget the name). and it's been goog to me this morning. I just got out with profit.

jy Since SNDK is alos up big today - a flash memory maker.

RoGeRj Im enjoying this but feel like getting out soon

James-ST Moderator: Awesome guys, good sharing of info.....and thanks to whoever brought up SPSN earlier

boomer JAMES...according to you...what is on the daily chart the resistance level for FWLT?

jy james, did you trade SPSN ?

RoGeRj James it was my call - I watch all IPO's

dana yeah tanks for spsn

jy RoGo, what price did you get in on SPSN ?

James-ST Moderator: Awesoem roger!!!!!!!

RoGeRj 12.04

James-ST Moderator: boomer, 37.55

boomer THANKS

jy Roger, GJ. out yet ?

RoGeRj on the next run up  at the 5 period MA now

James-ST Moderator: I can't type this morning

boomer JAMES...again...on a longer scale...lets say a year...what would it be

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James-ST Moderator: Whoever was in DRI earlier.......looking pretty good

RoGeRj out at 13.72

Amlo long or short

James-ST Moderator: which?

Amlo DRI

James-ST Moderator: Someone said they were still long DRI

Amlo Thx, James

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bigb i was

Zi J so for the foreseeable future will Ken be with you here for the first hour

Zi and then do the futures room?

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

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MarkB I had opicked up DRI on a retract ment with a tight stop

jy james, my OEX options are going to expire today hopefully at 100% profit

MarkB once the stop was hit it took right off

James-ST Moderator: very very nice jy

jy it's 585 OEX and it's now at 580.82 - hope it won't run up 4.2 pts this p.m.

boomer JAMES...on a longer scale...let say a year...what would be the resistance area for FWLT

James-ST Moderator: Well it would be here, cant tell how high it may go

boomer ok...thanks

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James-ST Moderator: bear you in vegas?

bearrally yes

James-ST Moderator: you with ken?

reserve APOL near lows. James, any thoughts

bearrally playing phone tag

James-ST Moderator: You go to vegas and log in here.....lmao

bearrally James, what is he looks like

James-ST Moderator: like Elmo

ak lmao

bearrally got some options that need to take care off

James-ST Moderator: what you mean

bearrally don't know what he looks like

bearrally I know he is japanese

MarkB That's a good thing cause if he looke dlike Waldo

JR isn't his picture on the website when you sign on

MarkB ear would NEVER fingd him

bearrally I have not met the guy yet

James-ST Moderator: He is on the website, how the heck can you not know what he looks like???????????

MarkB bear

jy Bear, you know they all look alike. only kidding.

MarkB lol

bearrally lmao

bearrally believe it or not

bearrally He was at the VIP waiting for me to check in

bearrally i checked in and left his key there

bearrally and we didn't see each other

James-ST Moderator: what key?  you got him a room comped?

bearrally he called last night but i was so tired from the drive

bearrally yes

James-ST Moderator: you da man

jy bear, check whrer all the 'girls' are

bearrally jy, los

bearrally lol

James-ST Moderator: Are you going to the trader expo with him?

bearrally i will go overthere in a bit

bearrally i am meeting up with my broker with morgan over there also

James-ST Moderator: Staying until Sunday?

bearrally will call hime

bearrally yes

bearrally had to trade my suite down

bearrally :(

MarkB has logged out

James-ST Moderator: why?

bearrally so i can get 5 rooms

bearrally got some friends came in from China too

James-ST Moderator: wow......at least you were able to get 5 rooms

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bearrally waiting for the wife to get ready

bearrally you know how long that going to take

bearrally lol

James-ST Moderator: She get shopping marker again?

RoGeRj Hey Bearrally  are you going to Linda Raschke's workshop??

bearrally what is that?

RoGeRj She is from the 2nd market wizards  book  - I traded with her for 6 months in the 90's.  She is giving a day trading seminar

James-ST Moderator: Man, you know you are big gambler when they give your wife 3k slugs to shop at the Forum Shops

RoGeRj (at traders expo)

bearrally lol

James-ST Moderator: hey this Senator on TV is saying the same thing i said yesterday........

bearrally lost 5k already last night

James-ST Moderator: CNBC........Illegal aliens should not be allowed to have kids here so that they are American Citizens........

James-ST Moderator: Other countries are advertising tour packages to America where you can have your illegal kid here in a safe house to have an AMerican Citizen

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

James-ST Moderator: Blackjack bear?

bearrally yes

James-ST Moderator: I told you to stand on 18

bearrally lmao

James-ST Moderator: DRI and ADBE......New highs ncie runner

James-ST Moderator: Wow.....SnakeHead fish on CNBC found in maryland looks darn scary

bearrally Snakehead Fish barbecue is really good

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

bearrally no kidding

bearrally i tried it in Korea once

bearrally alright gang

bearrally i am out

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James-ST Moderator: ok bear take it easy

bearrally have fund and becareful

bearrally tripple witching day

jy bear, good luck and make some profit for all of us

James-ST Moderator: quadruple

bearrally james right

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jy bear, I bought some GOOG 410 call and it's making about $6 each

JR jy, you must be even happier with the latest news on CNBC re: GOOG

jy ty JR. Yes. GOOG went up fast and I found out that MSFT is out of AOL buyout talk

jy Time Warner enters exclusive AOL stake talks w/ Google -WSJ (TWX, GOOG, MSFT) By Carolyn Pritchard

SAN FRANCISCO (MarketWatch) -- Time Warner Inc. (TWX) has entered exclusive talks with Google Inc. (GOOG) over a stake in its America Online unit, apparently shutting out Microsoft Corp. and other suitors,

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alaska whispers to you SPSN recovering from lunch dip now

alaska SPSN recovering from lunchtime dip now

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James-ST Moderator: careful with IPOs

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alaska my target is 13.67

MarkB ECLG slowly inching towards HOD

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Dusty whispers to you James can you give me a test message please

James-ST Moderator: test

Dusty Thx

MarkB AEL gapping to new year high over lunch

MarkB James if you were testing sound I didn't hear it

James-ST Moderator: nah dusty just wanted test message

MarkB oookie dokie

jy ADBE new hod 38.92

MarkB Although the volume isn't convincing on AEL

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gd Izzy must be working now...

James-ST Moderator: lmao

James-ST Moderator: probably 3 hour state lunch

gd silly me...you are right

James-ST Moderator: ADBE kicked butt.......

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DRI 38.01[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DRI 38.01[/b]

James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DRI 38.01[/b]

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James-ST Moderator: ADBE lets wait for a little more consolidation

James-ST Moderator: Wuestions or comments?   Market stochastics still down.....note market is tradign in recent range however....

James-ST Moderator: Questions

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James-ST Moderator: wb izzy

izzy thx

MarkB i zzy you got some creamed corn on your face dude

MarkB No reason to tease us with your fancy lunch

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DRI 38.01[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DRI 38.01[/b]

James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DRI 38.01[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DRI 37.64[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DRI 37.64[/b]

James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DRI 37.64[/b]

James-ST Moderator: DRI almost 3% from morning trigger

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Dusty Hey James would ADBE be a long plag 39.13?

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James-ST Moderator: looking at it now.......

James-ST Moderator: lets hold off

James-ST Moderator: 38.96 extreme tight stop if you enter

Dusty No worries. Just a thought! ;-)

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

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

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

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

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James-ST Moderator: ADBE would be a trigger here

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jy DRI close to profit

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

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

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

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

jy ty james handsome

izzy very nice

izzy i tried to setup triggers

izzy it didn't even activate

izzy lost a few hundred... oh well, stupid ameritrade, i'm calling in tonite after work

James-ST Moderator: ADBE is panning out nicely.....missed on the side of caution sorry

Dusty caution is better than losing money. I am a living example.

bigb i got in on adbe, hope it pans way out

James-ST Moderator: nice bigb

jy ADBE new hod - caution is good. a good day with DRI

James-ST Moderator: DRI turned out to be one healthy runner

izzy i agree, better safe than sorry is my motto for the markets

bigb beav finally came back

Dusty OK, the slow kid in class just learned a lesson about trailing stops on DRI.

izzy Dusty: do u mean me?

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

izzy I am calling my broker right now about this stupid trailing stop, i woulda made so much more... stupid stupid stupid interface...

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

Dusty I set it too tight. I should have run on manual. It triggered way too slow and I missed out on about 300.

izzy same here, i didn't realize how slow a trigger it was

James-ST Moderator: Seems like a slow day for quadruple witching.......Market is relativley flat since open

izzy James: we done for the day?

Dusty I am discovering that I have a unique ability to snatch defeat from the jaws of certain victory.

izzy i wanted to break 2K in gains today... come on, do your magic!  =)

James-ST Moderator: rotflmao

izzy Dusty: wait, that doesn't sound good...

Dusty Well actually.....no it's not.

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

izzy haha, fear keeps you from making money, anger makes you lose it

izzy try not to feel either and listen to james, then u'll be sorta alright

Dusty Well said and very true.

izzy i learned that $2000 lesson on monday, HAHA

izzy it's cheaper to buy the videos, maybe they should make videos on that!!!

Dusty I am slowly proving to myself that I am not better at this than James and Ken. Go figure!

izzy ah... i was never that arrogant...

James-ST Moderator: OSUR...i know some you made shorting it this morning......but normally when you see a DAILY chart pattern like that.......makes for a real good fade the gap play

James-ST Moderator: See how it gapped down to support levels from August to October?

izzy James: just post it up, i only follow your orders

izzy yes, i see that

izzy well, except i can't see the EMA lines, but i can imagine them

James-ST Moderator: Ideally we could like to see it fill the gap above it on the overreaction to whatever sell news they had

izzy wow, that would be quite the run

James-ST Moderator: But triggers are set for a reason......OSUR did not want to ddo that.......

alaska t

Dusty How do you determine and entry on something like that?

jy BEAV

James-ST Moderator: See the 10:00 candle where it bounced to 5 ema on 5 minute chart?  we look for that followed by 2-3 candles of pullback.....now we have a long trigger at HOD.......never triggered so no problem.....

James-ST Moderator: yep see that jy

James-ST Moderator: Shook us out already........[img id=em-9]

Dusty On BEAV is looked like it had traded a bunch toward our entry with over 500K shares. Is that a bullish sign given it's daily volume?

James-ST Moderator: Could be.....we don't factor the volume on the move much....just the breakout type of pattern on the daily chart for Type A's

Dusty OK. Thank you.

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alaska James, on OSUR, I'm buying some for my IRA. where would you put your stop for long hold?

bigb dri hod

James-ST Moderator: 8.40

James-ST Moderator: alaska

James-ST Moderator: Yep, DRI was handsome today

bigb keeps setting new highs

alaska can't beat that for  minimizing loss with nice upside! thx

bigb man I sold dri at 37.34 like 2 hours ago to take a nap instead of just setting a stop and riding it out

Dusty ADBE just triggered my stop at 38.96. Not nearly as strong as DRI was! ;-)

jy GOOG over 430

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

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izzy any more plays in the works?

James-ST Moderator: No although SFCC LOD would be valid, we will not pursue it anymore

Dusty whispers to you Thanks for all the lessons James. I appreciate all your help! I am slowy getting a better understanding. Have a great weekend.

James-ST Moderator: Ok dusty have a great weekend

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bigb im still riding on sfcc

James-ST Moderator: geez bigb

izzy bigb: what did u get in at?  long or short?

bigb 3000 shares

James-ST Moderator: nice

bigb short at 13.80

James-ST Moderator: now tell me you shorted from 45 last month

bigb god i wish

James-ST Moderator: 3 grand is nice

izzy yes, very nice

James-ST Moderator: Ok guys lets call it an early Friday.....

bigb that would be a nice 80k

James-ST Moderator: [b]CANCEL FURTHERE TRIGGERS[/b]

bigb sounds good

James-ST Moderator: further

James-ST Moderator: Hope everyone had a good week

James-ST Moderator: Get your Christmas shopping done

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jy james, sound good TY.

James-ST Moderator: Drink lots of liquids

Amlo Thx, James

jy cu guys monday

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James-ST Moderator: Feel free to stick around to chat with other members

James-ST Moderator: yw amlo, jy

izzy naw, they don't like me much

James-ST Moderator: There goes SFCC

bigb sfcc lod

entropy just snuck another bite of SFCC

entropy :)

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

izzy wow

entropy best trade of the day

izzy i wish i had the skills to  find a trade on my own

izzy i think i have to call it quits today

entropy reshort on moves near 13

izzy entropy, u sure?!?

izzy i'll do it if ur sure!

entropy no

izzy lol, ok

izzy alright, i'm outy, boss is hovering around me too much

entropy but...........I did it 2X today

izzy nice

bigb dri is making new hod

MarkB James it is easily 2 seconds between the time I hear your alerts and read what you'rwe alerting about

izzy bigb: ur thinking short it?

MarkB is there a way totweak that

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James-ST Moderator: You should be setting up the alerts in your platform when we give the warnings way in advance

James-ST Moderator: wb jose

Jose hey James

dana adbe dropping... short?

entropy J whereis resistance on SFCC?

izzy yea i'm out, can't touch anything else

izzy adbe, long?

izzy =)

bigb too much profit taking

izzy hm, yea okay, i'm out then, i get too crazy at the end of the day

izzy Have a good weekend everyone!

izzy enjoy your earnings =)

MarkB u 2 dude

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mark2 SNDK heading down.....

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James-ST Moderator: DRI

James-ST Moderator: very very nice

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reserve s&P near LOD

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reserve James, let's have another trigger.  I'm wearing out my screener lking for a candidate

reserve looking

James-ST Moderator: lol, stop overtrading

reserve stopped overtrading 6 yrs ago.  generally make 3-5 trades/day.

James-ST Moderator: good call it a week reserve

reserve Thanks.  Had a good week.  Using your calls to augment mine.  Got DRI today  for L, Sh, L and BMET for 2 shorts

James-ST Moderator: nice good to hear

mark2 yes James....nice couple days....have a good weekend.....Ken who?

reserve Your service has added additional imcome that I wouldn't have had on my own.  Like having another pair of eyes.

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