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The Power of 2% Chat Transcripts


06/07/06 Chat Session

 

duane: gm

Jen: gm

ozzy: gm everyone

vikm: gm all

jimmy: gm

Ken-ST Moderator: gm all

James-ST Moderator: gm all

JP has entered DayTrading Chat

Ken-ST Moderator: gm James, JP

ozzy gm

blk_lbl has entered DayTrading Chat

JP GM

blk_lbl gm

nisha has entered DayTrading Chat

Ken-ST Moderator: gm ozzy, blk, nisha

claudia has entered DayTrading Chat

nin has logged out

claudia gm everyone

Jen gm

Ken-ST Moderator: gm jen

Jen happy Wednesday Ken

nin has entered DayTrading Chat

Ken-ST Moderator: ty, same to you

Ken-ST Moderator: gm non

Ken-ST Moderator: nin

Allegro_Bob has entered DayTrading Chat

nin gm

dks13827 has entered DayTrading Chat

Ken-ST Moderator: gm bob, dks

dks13827 gm  ken, james, all

James-ST Moderator: gm dks, allegro, nin, claudia, nisha, blk, jp

Allegro_Bob gm everyone

djg610 has entered DayTrading Chat

Allegro_Bob with bidu and shld on the list,  it should be a fun morning

Ken-ST Moderator: gm djg

djg610 good morning

Dan has entered DayTrading Chat

Ken-ST Moderator: gm Dan

Cale has entered DayTrading Chat

Ken-ST Moderator: gm Cale

Pontiff has entered DayTrading Chat

Cale Morning Dr. Ken

Pontiff gm

Ken-ST Moderator: gm pontiff

Cale got come good picks for the day?

JP YRCW?

doc has entered DayTrading Chat

Ken-ST Moderator: YRCW still in recent range

doc gm gang

James-ST Moderator: gm doc, pontiff, cale, dan djg

Cale Good Morning James

Cale so good to see you this morning

djg610 what are you doing here this early james?

jharms has entered DayTrading Chat

James-ST Moderator: lol

James-ST Moderator: gm jharms

jharms gm all

Cale Morning Harms

Cale on am on a [b]J[/b] boycot

Clyde-Harmon Trading has entered DayTrading Chat

Cale Good Morning Clyde

Clyde-Harmon Trading gm everyone

Ken-ST Moderator: lol

Ken-ST Moderator: gm Jharms, Clyde

claudia SIRF?

spx1280 has entered DayTrading Chat

blk_lbl lol this guy's saying run for the hills on BSNBC

david has entered DayTrading Chat

Cale blk BSNBC?

blk_lbl it's not pisani saying "the sky is falling" but it's close enough i guess

Ken-ST Moderator: Ill keep eye on that cbat, but still in recent range right now

david david est 9.11

Ken-ST Moderator: gm spx, david

James-ST Moderator: gm david, spx

claudia ok ken

Ken-ST Moderator: ty

spx1280 gm guys

blk_lbl cnbc = bs nbc

jg has entered DayTrading Chat

RoGeRj has entered DayTrading Chat

Penfold has entered DayTrading Chat

blk_lbl hey guys i heard a rumor that WC was here yesterday

Ken-ST Moderator: gm blk, jg, RoG, Pen

Jen wasn't that Cale impersonating WC?

James-ST Moderator: gm pen, rog, jg

blk_lbl lol

Cale uh?

RoGeRj hey GM!

blk_lbl yah probably

Cale I do not impersonate anyone, I am my own self

blk_lbl lol

Cale if you ever want to impersonate me just miss spell everyother word

blk_lbl yah me too

Cale James, is JCPennys closed this morning

waso has entered DayTrading Chat

Cale or just no sales

djg610 has logged out

Ken-ST Moderator: gm waso

waso gm ken, everyone :)

duane has logged out

duane has entered DayTrading Chat

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

Ken-ST Moderator: gm Duane

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

mac has entered DayTrading Chat

Ken-ST Moderator: not much action today in the markets

Ken-ST Moderator: gm mac

duane gm

mac gm

Cale ya the futures are slow moving too

Cale bit of a dip lastnight

claudia ILMN?

dks13827 RATE   LTR   THX   COO    ???

ms has entered DayTrading Chat

James-ST Moderator: gm ms, mac

ms gm all

rdub has entered DayTrading Chat

James-ST Moderator: gm rdub

majomx has entered DayTrading Chat

rdub gm

Ken-ST Moderator: All of those in recent ranges

Solby has entered DayTrading Chat

James-ST Moderator: gm solby, majomx

Solby gm

jy has entered DayTrading Chat

jy gm

djg610 has entered DayTrading Chat

majomx gm james,and everyone

alex has entered DayTrading Chat

2thdr has entered DayTrading Chat

alex gm

Ken-ST Moderator: gm ms, rdub, majomx, Solby jy, alex, 2thdr

James-ST Moderator: gm 2thdr, alex, djg, jy

2thdr gm

majomx gm ken

rdub gm Ken

Ken-ST Moderator: gm everyone

Ken-ST Moderator: hope you all had a great evening

Cale doesnt Erin look good today?

Ken-ST Moderator: Lets do a market assessment:

Ken-ST Moderator: Daily chart:  below the 5 day EMA, stoch downtrend

jose has entered DayTrading Chat

Ken-ST Moderator: sorry stoch still in uptrend

Ken-ST Moderator: Hourly chart: downtrend

Ken-ST Moderator: 5 min charrt:  downtrend

Ken-ST Moderator: Overall we have a downtrending bias to the market

Ken-ST Moderator: however we look at it more of a sideways to downtrend

Ken-ST Moderator: Futures are curretnly up 2 points

Ken-ST Moderator: Still in the p/d range

Ken-ST Moderator: gm jose

Cale ty Ken

Ken-ST Moderator: np

Ken-ST Moderator: Not much moving around

Cale so we gong to Short the Piss out everything today?

Ken-ST Moderator: and we are in the recent range on the market

jose gm Ken, James, everyone!

Cale Morning ose

Ken-ST Moderator: be conservative on your trading gang

James-ST Moderator: gm jose

Cale hummmm Conservative

Ken-ST Moderator: Not much in play right now

Cale well at least you can spell it

Ken-ST Moderator: hehe

tryhard has entered DayTrading Chat

Ken-ST Moderator: not a good idea to force trades out

tryhard gm

Ken-ST Moderator: gm tryhard

Cale YRCW

gd has entered DayTrading Chat

Jen Ken, can we add AMWD?

Ken-ST Moderator: gm gd

gd gm all

Ken-ST Moderator: ok Jen

JP I'm watching YRCW Cale but it is still in recent rage

david good trades everone est 9.29

JP range.

Ken-ST Moderator: ty

johnboy has entered DayTrading Chat

Dan has logged out

Ken-ST Moderator: have my eye on YRCW

Ken-ST Moderator: gm jb

Ken-ST Moderator: Good trading everyone

johnboy gm everybody

Cale *** Good Trades Everyone ***

Cale Jorning ohnboy

J5 has entered DayTrading Chat

James-ST Moderator: gm jb, gd, tryhard, j5

J5 morning all

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MATK 28.40[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MATK 28.40[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]MATK 28.40[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ALOG 48.04[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ALOG 48.04[/b]

Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]ALOG 48.04[/b]

Ken-ST Moderator: Only looking for shorts right now on AMWD

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MATK 28.40[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MATK 28.40[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]MATK 28.40[/b]

Dan has entered DayTrading Chat

Ken-ST Moderator: WB

Cale wow Gold is getting hammered

James-ST Moderator: Dow -1

James-ST Moderator: lol

JP Gotta love CNBC, always trying to put lipstick on the pig.

Cale lol

Cale am watching GLD

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MATK 28.19[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MATK 28.19[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]MATK 28.19[/b]

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]MATK [/b]

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

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

JP Nice

jy handsome

jy ty

Ken-ST Moderator: GJ

Cale very handsome

J5 alright,

hc has entered DayTrading Chat

Cale not as fast as yesterday

Cale but still ez

dks13827 sweet

ozzy stupid Tos...was long matk...dind let me sell it....said i could not short it

dks13827 TOS  ??

J5 lol dks

Ken-ST Moderator: you typing your orders in with your toes again ozzy?

ozzy lmao

ozzy tos=thinkorswim

johnboy or sinkorswim?

ozzy i am still afloat

Ken-ST Moderator: ALOG is very volatile gaing

johnboy lol, that's good ozzy, just messing with you

Ken-ST Moderator: the movement is large

blk_lbl huge spread

ozzy i know :)

Ken-ST Moderator: be careful trading with it

prophet has entered DayTrading Chat

prophet gm all

Ken-ST Moderator: watching SIRF

Ken-ST Moderator: for rally to set possible short trigger

Ken-ST Moderator: gm prophet

prophet gm ken

rdub BIDU long 90.62?

RoGeRj is ALOG spread too wide?

Ken-ST Moderator: yes

Ken-ST Moderator: Lets cancel for now

Ken-ST Moderator: that is too wide

Ken-ST Moderator: it was ok earlier

Ken-ST Moderator Update!

Ken-ST Moderator: [b]CANCEL ALOG WATCH [/b]

Ken-ST Moderator: BIDU recent resistanc area was 91.25

david david est 9.49

jy ken, wht cancel ALOG ?

James-ST Moderator: Yell out any stocks of note or stocks of note......relatively flat open.....

Ken-ST Moderator: srpead too wide jy

jy ty

Ken-ST Moderator Update!

jose has logged out

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]BIDU 92.07[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]BIDU 92.07[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]BIDU 92.07[/b]

Ken-ST Moderator: very looose initial stop if triggered on BIDU

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]BIDU 92.07[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]BIDU 92.07[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]BIDU 92.07[/b]

Allegro_Bob jump spread on bidu

Allegro_Bob jumpy spread

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BIDU 89.99[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BIDU 89.99[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]BIDU 89.99[/b]

J5 has logged out

Ken-ST Moderator: tighter stop 91.19

Ken-ST Moderator: but we will play looser stop under the 5 ema on 5 min

blk_lbl RIO    : o

rdub SIRF ?

Ken-ST Moderator: LOD is ok,

Ken-ST Moderator: not ideal, but still valid

rdub ;-)

rdub ok

Ken-ST Moderator: it looks like support there right now though

Ken-ST Moderator: SHLD first break

James-ST Moderator: MATK new HOD

gd matk hod

gd :)

Ken-ST Moderator: nice gd

Ken-ST Moderator: ok gang, market bouncing hard off the 20 ema right now

Ken-ST Moderator: 5 min EMAs have crossed up

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

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

Ken-ST Moderator Profit!

david time est 10.02

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

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

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

Cale the sound of Love

jy BIDU TY

majomx sweet

Cale Cha-Ching

Allegro_Bob Nice

ozzy verry nice

James-ST Moderator: MATK new HOD.....nice runner

Allegro_Bob shld sure shot of

Allegro_Bob up

nyy2 has entered DayTrading Chat

gd it will be interesting to see what the impact the oil inventory data may have...

nyy2 gm all

Ken-ST Moderator: SIRF may be worht a shot

Ken-ST Moderator: with a a tight sotp

Ken-ST Moderator: stop

Ken-ST Moderator: Gang this is not an ideal seutp, but tight stop

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SIFR 31.22[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SIFR 31.22[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SIFR 31.22[/b]

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator Buy!

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SIFR 31.22[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SIFR 31.22[/b]

Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SIFR 31.22[/b]

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SIFR 30.90[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SIFR 30.90[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SIFR 30.90[/b]

Ken-ST Moderator Update!

Ken-ST Moderator Update!

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SIRF 30.90[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SIRF 30.90[/b]

Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]SIRF 30.90[/b]

Ken-ST Moderator: sorry

djg610 last few days a lot of runners   how do you guys exit?  at 1%   half  at 1%  etc.. ?

Ken-ST Moderator: SIRF is the correct Type symbols

Cale Ken is ADSK close?

Ken-ST Moderator: no

Ken-ST Moderator: its about 1 point away

Cale dont have to be so pissy about it

Cale I was just asking

Ken-ST Moderator: lol

James-ST Moderator: hahahahah

Ken-ST Moderator: lmao

dks13827 djg             on some,   i take   1 percent on   3/4   of my pos.. let the other    .25   run,,,  stop at entry

Ken-ST Moderator: well comment on that during lunch djg

djg610 thanks   just leaving a lot of money on the table but don't want to be too greedy

James-ST Moderator: BIDU new HOD

Ken-ST Moderator Update!

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

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

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

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]SIRF [/b]

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

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

dks13827 can't win em all...  no matter what i did,, i couldnt buy    SIFR   !!!!                   lol

Ken-ST Moderator: really sorry kds

Ken-ST Moderator: dks

prophet symbol if SIRF

dks13827 no prob....   just teasing

James-ST Moderator: Market new HOD, tradeing well above the 50 ema on the 5 minute chart for the first time this week.

James-ST Moderator: trading

Allegro_Bob Russell had a 13 point run

Rube has entered DayTrading Chat

Penfold Ken/James,, wider market is VERY quiet... is everyone waiting on the 10:30 announcement on Fuel?

Penfold or gas, or whatever  :)

gd yes

gd gas

James-ST Moderator: agree on the quiet part pen, not sure if they are just waitng for the gas numbers though......

Allegro_Bob gas - sounds like a personal problem

James-ST Moderator: lol

Penfold I consider it a personal quirk, thank you ;)

Ken-ST Moderator: lol

prophet has logged out

RoGeRj seems like entire market is parked and waiting for the 1030 numbers

James-ST Moderator: yep, pen is probably right on that

James-ST Moderator: nada going on

blk_lbl ghost town

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

options1 has entered DayTrading Chat

James-ST Moderator: It was creepy hearing Greenspan talk this morning

david time est  10.30

James-ST Moderator: Creepy ghost of the past

James-ST Moderator: Here comes Oil number

Allegro_Bob shld consolodating

James-ST Moderator: OIL slight dip

jg has logged out

options1 has logged out

Cale thats good for the market right?

James-ST Moderator: BIDU new HOD, nice runner

prophet has entered DayTrading Chat

James-ST Moderator: usually cale, but the last couple weeks when oil went down........so did the market

James-ST Moderator: Market new HOD

James-ST Moderator: Yell out personal trades or stocks of note.......

Cale The market needs to bust up over yesterdays Highs

James-ST Moderator: agreed, right about there

Cale but....

Cale Ken and James arnt going to bust their perfect day :)

James-ST Moderator: hope not

gogo has entered DayTrading Chat

Penfold MARKET IS DEAD (long live the market...)

James-ST Moderator: yes.....

spx1280 anyone interested in the Soccer World Cup?

Pontiff Real Estate is DEAD...Long Live The Pontifficator!!!

blk_lbl go england

James-ST Moderator: As cale noted.....need to break yesterday's high...appear to be finding some resistance jsut under that high, Market is overbought

majomx of course!i'll be watching it!

majomx short AMWD?

spx1280 I don't know much about soccer, but I placed some bets on Germany

blk_lbl england will take it this time

blk_lbl gonna crush brazil finally

James-ST Moderator: whole world into Soccer......just us yanks show almost no interest

blk_lbl silly yanks

Pontiff VIVA ITALIA!!!

johnboy The U.S. only likes stuff that they are good at!........lmao

spx1280 for some stupid reason soccer is considered to be for sissies in the US

majomx Czech Republic has a good team

blk_lbl and it's not that they're just into it.... they live and breathe their "footyball"

blk_lbl czech is gonna crush US in first game

James-ST Moderator: Majomx -  could work out, on daily back into congestion for us.....

majomx US actually not bad at all

Pontiff Trivia James...what is the most watched sport worldwide???

JP I like to play sports but watching any sporting event on TV bores me to death.

majomx yes blk,that's what exactly will happen

dks13827 NASCAR  !!!

James-ST Moderator: hmmmmmm.......since you are asking it obviously must not be soccer

blk_lbl not bad but czech's are really good

Pontiff F 1

johnboy rock, paper , scissors

Pontiff Which athelete worldwide make the most money???

spx1280 we are not that bad, we are facing tough competition from Italy and the Czechs, but we have winning mentality

James-ST Moderator: pontiff......ah.....i can see that being true, good one

dks13827 what has 40 legs and 10 teeth ??

dks13827 the NASCAR ticket line   !!!!!

majomx US,Italy,and Czech are in the same group

blk_lbl they have best goalkeeper in world and some serious pace

djg610 hockey could have been good but oilers goalie out for season

majomx only 2 will advance

Pontiff der Schumacher!!! highest paid athlete in the world!!!

Pontiff How many times does an F 1 driver change gears???

majomx yep,F 1

dks13827 Pont,, dont they have a bush buttom    shifter?

James-ST Moderator: ultimately.....the US needs to pull off the miraculous and win the World Cup.....and make everyone hate us even more......lol

dks13827 push button

Pontiff once every 1.6 seconds...count them seconds!!!

spx1280 Brazilians are the best but Germany is underrated considering that they have home field advantage

Pontiff yes its push button

dks13827 pont,,      Grand Prix  was a great movie, eh ?

Pontiff never seen it eh!

majomx US is good,but they won't win the WC.Maybe the next one...

dks13827 ohhhhhhhhhhhhhhh   bad........... rent it  !!!       james  garner  ( who did his own driving  )

Pontiff Brazil vs Deutschland in the Final!

James-ST Moderator: majom, the US is actually competive?

blk_lbl you're right james, the U.S. shouldn't win the world cup

blk_lbl but they won't any time soon anyways

James-ST Moderator: the reason the US will never be great......is most of our kids who actually are stellar athletes grow into basketball, football, or baseball.......

blk_lbl i mean we won't

blk_lbl no the reason is because we have it nice over here

gd or curly

blk_lbl we have a luxurious lifestyle compared to the rest of the world and the rest of the world

blk_lbl has football

spx1280 there are a lot of kids playing soccer, and now that we have a league that mite start changing

blk_lbl so they live and breathe it

majomx James,yes the were in the first 4 in 2002

James-ST Moderator: majom -  first 4?  is that like Top 4?

majomx i actually know the coach of the US junior team,he said the kids are great!

majomx Yes

blk_lbl spx, more kids play soccer in US... than all the other sports combined

blk_lbl but they don't go into it as they get older

James-ST Moderator: wow, didnt know that majom.....the US was Top 4 int he World?

johnboy I thought the U.S. was ranked #3 going into the World Cup?

spx1280 we are going to kick rear ends in a few years, we can easily become the best if we want

James-ST Moderator: Market pulling off of highs.......stochastics are down

blk_lbl we want it now

blk_lbl we wanted it in 2002

majomx sorry James,i was wrong but they made it to the quater finals

James-ST Moderator: ah, that is right.......still a decent showing

blk_lbl beckham and ronaldo might end their careers here at least

spx1280 I remember, the US defeated the Mexicans, that was painful for them

blk_lbl yah that was beautiful

blk_lbl beat them at their own game

majomx Yeah 2-0 to US

blk_lbl but we couldn't beat them in their stadium

blk_lbl i guess no one can

blk_lbl down there

spx1280 but defeating Mexico is not a great achievement, mexicans are bad at sports

blk_lbl it's like 12 man

blk_lbl not at soccer

spx1280 they have never won a thing

spx1280 besides cancun mexico doesn't have much to offer

Rube has logged out

blk_lbl cancun?

blk_lbl why not?

blk_lbl oh ok

blk_lbl besides cancun

blk_lbl i got yah

blk_lbl i agree

djg610 tijuana

Allegro_Bob marguiritta!

blk_lbl and beer maybe

djg610 churros

Penfold Not alot of hispanics here I see...

blk_lbl oooh churros are good

spx1280 whats a churro???

Dan has logged out

djg610 like a cinnamon donut stick kind of

spx1280 sounds interesting

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

James-ST Moderator: Questions or comments?

tryhard has logged out

James-ST Moderator: slow morning.........market relatively flat at +22

djg610 question on exiting trades   1% let it run  ?

Ken-ST Moderator: There are several factors you may look at when determining

Ken-ST Moderator: 1. market momentum

georgie has entered DayTrading Chat

Ken-ST Moderator: 2.  Support/ resistance on the stocks daily chart

majomx has left the room

Ken-ST Moderator: 3.  time of day

doc has logged out

Ken-ST Moderator: it goes into the specifics in our Market Assessment Video

david time est 11.00

Ken-ST Moderator: but in general you may use those factors when determining whether or not to go for a added gains

Ken-ST Moderator: worst case :  take profits at 1%

djg610 okay

jimmy lunch time no trading?

djg610 may have to check out some videos

Ken-ST Moderator Update!

Ken-ST Moderator: [b]CANCEL ALL TYPE B ALERTS.  RESUME BACK AT 1:00 PM EST[/b]

Allegro_Bob good morning guys - thanks

spx1280 i'm off, I have to pick up my cat's ashes, he passed away last week... very sad

Allegro_Bob sorry to hear that spx - i know how hard that can be

spx1280 thanks

Ken-ST Moderator: sorry to hear spx

spx1280 thanks

blk_lbl that is rough man

blk_lbl sorry to hear

spx1280 appreciate your words guys... see ya!!!

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Ken-ST Moderator: any questions/

Ken-ST Moderator: ?

blk_lbl yah... where's all the volume

blk_lbl it needs to come back

jharms How many monitors do you recommend having, and what do you have on them?

blk_lbl everybody sold and went on vacation

Ken-ST Moderator: it all depends on the trader

Ken-ST Moderator: the more the better

Ken-ST Moderator: I have 4

jimmy is the mkt alwyas this slow in the summer?

jharms This is only my 3rd day trading.  Haven't had time to buy more monitors, only using one. I definitely need more.

Ken-ST Moderator: once you get more monitors you will wonder how you got along with just one

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dks13827 jharms,,    how goes it so far ??    your thoughts ??

jharms Love the room.  Hate my trades.

jharms I'm definitely not disciplined enough yet.

jimmy does everyone use harmon trading platform?

rdub jimmy the summer seems to bring slower trading, but if you look at ST's results during those months the slowdown doesn't seem to hurt performance

Cale bbl good traders

James-ST Moderator: yeah.....way less triggers.....if you can handle boredom, and are disciplined enough, summer still can be profitable

jimmy yea i'm new too..going thru the trail so i'm giving ST a try

James-ST Moderator: tc cale

James-ST Moderator: jimmy....i dont think so........there is probably every platform represented here

Ken-ST Moderator: gang, I will need to step away for bit.  I will be back a little later.

jharms I just got on harmon trading last week.

Ken-ST Moderator: james will be here

Ken-ST Moderator: take care

Ken-ST Moderator: be back

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dks13827 i am 2 weeks new here...   i set up an order matrix for each stock on the new daily list  at  915 am....

James-ST Moderator: welcome new guys........

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

James-ST Moderator: open and loose here, so always feel free to yell something out........

blk_lbl dks... do you allocate a percentage of capital for each possible position with your matrix?

James-ST Moderator: bring up personal trades.....other trading strategies......or anything under the sun

dks13827 then for the first half hour trades especially...  i enter on stop market    and have     bracket orders that automatically go in..   a target and a stop.. these you can adjust of course

dks13827 you dont have time, early..   unless you prepare

blk_lbl hey who you calling open and loose james?

dks13827 your target  and your  stop  have to be preset...   and forget   it  !!!               that's what i think

James-ST Moderator: lmao

blk_lbl lol

dks13827 blk.......  yes..  they taught me here to trade capital  per  trade........  say    11k   each

blk_lbl lol... i said that your first day here

blk_lbl and rdub  i think

blk_lbl what percentage do your bracket orders work out would you estimate?

blk_lbl seems like a good system

dks13827 the first couple of days     your  head spins and your hands shake............

blk_lbl yah i remember my first days

blk_lbl was like that

dks13827 the brackets   i set       .30  for   target, limit....  and   .75    stop           those are defaults... i adjust after i get filled...... say  target   .34,,,     48,,, whatever is  about    1 percent from my fill price

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James-ST Moderator: wb jeff

blk_lbl i should probably use a system like that.... i just like to be in control at all times and be able to pull trigger when i want

dks13827 oh the brackets work every time, to answer your question...........    sometimes green, good !!   sometimes red,, very bad  !!!!   but at least you are out,, forget it

blk_lbl right on

blk_lbl no emotions.... good system

dks13827 now i sometimes sell   3/4  at target  1,, let   the rest run........    stop at entry...     look at the charts and see  how much extra you can make...     but i have only done that a few times....       look at the charts for today... how much extra you can get

rdub how do you guys decide when or if to let some of it ride?

rdub sell 3/4 - I like that

dks13827 rdub,,, i look at the trades we made,, each day..  see how many of them  make an extra   50 cents..  or more.............   1.00

djg610 I've left a lot on the table the past few days    but all were still profitable

blk_lbl imo... the best way is to look at the index chart (spx/spy) and see overbought / oversold levels and general trend

rdub sounds good .. thanks

claudia ?

claudia ?you whisper to jen?

rdub who are u asking?

blk_lbl rate type c?

dks13827 djg,,,,,            from the  20 books i have read,,  the   1 percent gain rule is very very good...    dont make the mistake of  taking   very small gains and bailing out.............      because    the losses will get you

James-ST Moderator: vn blk

James-ST Moderator: use LOD as your stop

djg610 thanks dks

James-ST Moderator: very tight stop and i can see your reasoning on the daily cahrts

Allegro_Bob Great overview dks - I'm new here too and that really helos

Allegro_Bob heps

Allegro_Bob helps --- geez

dks13827 hey i was born an okie,,,        that heps me also

blk_lbl yah dks... i agree... every time i pull trigger before 1% gain... i regret it

dks13827 just look at the charts   afterwards,,    for days and days of our trades.......  you will see  that it does work

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jharms IDCC new high of day

dks13827 i typically   fudge,  cheat...  and    add    1, 2, or  3 extra    cents    to my profit target

dks13827 i dont know other platforms..   but   TS   yells out....ORDER  FILLED.....    for every   fill   !!!    it is great

rdub dks you paying about $8 per trade with TS?

jharms I've been trading too much capital per trade the last couple of days and have had too tight a stop loss because of it.  I'm cutting my capital/trade to around 12k until I can be consistently profitable.

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dks13827 rdub  it is     one dollar  per hundred....

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alex guys, i'm stiil choosing a broker. can't decide who is better, TS or MBtrading. Could you give me a piece of advice?

blk_lbl do they have any other pricing tiers?

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blk_lbl do they do flat prices per trade as well?

rdub thanks dks

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alex mb has 3 plans of commissions

dks13827 i have a schwab IRA...also...   i think they charge   $10  each way.... but that makes a   $100  gain  into an   $ 80  gain...    for day trading,, not so good...     ok for an IRA  i suppose

dks13827 but  with  TS...  you keep   98 dollars

alex yeh. and what about execution?

James-ST Moderator: Market new HOD

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prophet what about adbe?

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James-ST Moderator: hmm....on daily it is an uptrend, intraday, it is testing the 50 ema on the 5 minute chart, stochastics are up......muddled congestions here.......

dks13827 i would suggest to the new guys... yes it is scary...    trade small...  100 shares... until you can keep up...  until you get confident

Penfold no, 100 too much... trade 2 :)

alex lol

dks13827 ha  !!

blk_lbl 100 shares of GOOG

dks13827 yeah  i wish

Penfold lose more on commish than you could ever on the Stop

dks13827 i looked at the swing trades performance in great great detail.............  for many months of trades...  i figure if i can do...  oh    75   percent  of the trades,, i can make it....      i am laid off..  so i need this to work..   besides it is what i have wanted to do for a long time..   but i didnt know how to really do it

Penfold you and me both dks... never would have had the balls to walk away from a steady paycheck to do ... THIS

blk_lbl i did

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blk_lbl screw working for a living

blk_lbl it's over rated

dks13827 yeah pen,,,   so far i am encouraged...   i can keep up and match the trades...  except  for missing ' SIFR  '   today...............   but that's ok...   ha  !!!

jharms It's too much work!!

alex so, nobody has mbtrading hear?

alex just wonder

dks13827 alex  if they have a web demo.. check it out..   but also check the   TS   demo..... and maybe  IB

alex demo is demo. but opinions...

blk_lbl ouch on rate

blk_lbl was hoping it would poke through 20ema at least

blk_lbl this no-volume market suchs

blk_lbl suchs=sucks

dks13827 when julie gets back..  she could give some very good tips  i  suspect

blk_lbl her and her magical software

dks13827 what is it ??

blk_lbl she's got some proprietary trading software that she's trying out for a professor

blk_lbl i know she uses TS so it must be just for analysis

dks13827 interesting...........  the  ' holy grail'   !!!!       will work  98 percent of the time  !!!!!!!!    we wish

johnboy I think she has a time machine

blk_lbl the thin is... when she posts her longs or shorts

blk_lbl ... you wouln't think the play would work out

prophet me too

doc crystal baiis

blk_lbl but it usually does like later or something

Penfold Julie?  That girl has software that appears to be SCARY good...

blk_lbl wonder what the indicator is

Penfold at little 1%

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prophet still remember wind

prophet from julie

Penfold probably a combination of stuff, mathmatically crunched in real time for

Penfold her BUY and SELL signals...

Penfold they Do work.. until the math becomes well known, and then autotrading systems kill the $ edge :)

dks13827 yesterday  most folks  missed the   SCSH    entry cause it happened so fast...   but i stuck a limit order out there   just to see.. and it got  filled  !!!    but you have to watch it close,, and cancel it after  a couple of minutes....             but sometimes, you have a  2nd chance,,  so try....     that was a big bucks trade, too !!

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James-ST Moderator: hey anna

annabellab hey!

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James-ST Moderator: MATK new HOD.....vn runner

david timr est 12.32

blk_lbl peix running away

david try again time est 12.33

James-ST Moderator: still another hour david......1:30 EST.......market is coming off of overbought levels

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david james from 11.00 to 1.30 like this most of the time no trading

James-ST Moderator: yep, exactly, we encourage traders to take a break

James-ST Moderator: we match lunch hour on wallstreet to avoid false triggers and breakouts

blk_lbl yay RATE

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claudia RATE :)

blk_lbl RATE TYPE C

Cale Hell ya

Cale I would take that bet

Cale can some one RATE that RACK?

James-ST Moderator: blk you called it.......

James-ST Moderator: market stochastics down , so not ideal

blk_lbl YAH BABY

blk_lbl i'm out rate

Cale ya think the will let the market close GREEN?

Cale I am guessing NO

Cale its another RED day

Cale just a guess

James-ST Moderator: critical here, right at 50 ema on 5 minute chart of SPX....

James-ST Moderator: support here or i think you will be right

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Cale am showing just above the 50

James-ST Moderator: yep

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Ken-ST Moderator has become a moderator

Ken-ST Moderator: How is everyone doing?

gd good thk for asking

Ken-ST Moderator: No early triggers today

Ken-ST Moderator: stoch not at extremes

ozzy what you mean by extremes?

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Ken-ST Moderator: overbought or oversold

ozzy kk tnx

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Ken-ST Moderator: any questions?

gd market can't seem to make up it mind what direction  it wants to go

majomx Yes.This is the first year for me.Do I have to pay taxes after the profit i make?

gd from here

bigb trading at 20 ema

bigb longer it trades here, bigger move it will make when it breaks free

bigb maj.....always gotta pay taxes

dks13827 maj.........   you kiddin me man !!!

majomx how about if i'm a foreigner...?

bigb yup

jimmy always have to pay tax unless it's a loss at end of year

gd death and taxes

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gd no getting around it forever

majomx how do i pay or file taxes if i'm not in the country?

bigb are u a citizen?

Ken-ST Moderator: I believe whereever you are a citizen of

johnboy send it to me, and I'll send it in for you

majomx no,just an investor.

bigb if not, then you dont pay taxes to U.S., if your not in country either

majomx ok john...

Ken-ST Moderator: lol

david can you use a light pen with lcd screen, i keep hitting the wrong keys

majomx i use to come here,as a tourist

majomx how can i make sure?who should i ask?

dks13827 where r u  maj    ??

bigb a tourist? well then you gotta pay taxes to me

gd john...lol

majomx hehe

johnboy too late big, I already called it

majomx Hungary

bigb nah dont worry maj, you dont pay taxes to US

majomx johnb takes it

johnboy lol

majomx bigb,so just take the money i make and run?

majomx i dont wanna cross the law,i wanna keep trading

david if you came back to the us they will lock you up

bigb your not gonna pay taxes to your own country???

johnboy majo, I'm not Hungarian, but Canadian, and I have to report my U.S. profits as foreign income earned........I would think that you would do the same

majomx i opened an account with harmontrading.

Ken-ST Moderator: You should inquire with tax consultants in your country

dks13827 john,, sounds correct..       he needs a Hungarian CPA

bigb if your not a U.S. citizen or working in the U.S. than you dont pay taxes to U.S., but you probably pay taxes to your own gov.

gd good advice...ken

ozzy majomx...http://www.filolog.com/taxation.html

majomx johnb that's seems ok,so i have no obligation towards US?

johnboy all this tax talk reminds me of a tax audit where I had to justify my two surfboard deductions as transportation

johnboy nope majo, just your own country

bigb lol

dks13827 ha!!!

Ken-ST Moderator: You treat the gains from Harmon as income from a partnership

Ken-ST Moderator: lol jb

majomx ok ozzy,i check it out

bigb love that one john

ozzy mayb it helps a bit

djg610 let me know how that worked out johnboy  i could use a few new boards

gd lol

johnboy didn't work out

Ken-ST Moderator: Not sure how Hungary would know if you made income on a U.S. partnership

bigb where do you surf in canada?

Ken-ST Moderator: unless one of us called them

Ken-ST Moderator: what's their number anyway

ozzy lol

Ken-ST Moderator: ?

majomx Ken,that;s right...should i pay to you as well????

bigb very true ken

bigb you do pay tax to ken already

david taxs on a partnership higher or lower ?

johnboy Jordan River/Tofino (west coast of Vancouver Island)......but I used to surf in Indonesia in the winters (australia/N.Z./ Hawaii)

bigb sweet john

Ken-ST Moderator: Well, taxes on gains is a good problem to have

bigb no kidding, gotta have the gains before worrying about the taxes on them

majomx well,i asked harmon already,but they said i'm responsible for my own taxes

johnboy majo, play stupid......you might get away with it

majomx ozzy,how did you find that site?

ozzy google it

johnboy just be careful bringing the money back in to Hungary

ozzy usa hungary tax treatys

majomx john,that's exactly what i'm worried about...

bigb just pay the tax then

majomx tax treaty?

gd Keeps profits in mattress and use surfboards for transportation...

bigb lmao

ozzy yes mos countrys have tax treatys with eachother

ozzy so you dont get taxed twice

majomx yes,i looked up on the irs website

dks13827 ozzy,, why not ??

Ken-ST Moderator: where are you a citizen of maj?

majomx surfboard is a good idea

david i live in the us and i get tax twice

majomx Hungary

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dks13827 david,, what's your citizenship ??

James-ST Moderator: BIDU, what a move.......lod

david us

gd market selling off a bit

djg610 might need a skateboard too

majomx Ken,i'm here sometimes,i have friends in New York

dks13827 majo....   better play it straight if you come here sometimes

Ken-ST Moderator: right, but maj, you must be a citizen of a country

majomx i went to school in 2001,then left.I;m a Hungarian citizen

Ken-ST Moderator: our stocks on watch are mostly in the middle of their day's trading range

Ken-ST Moderator: You do not pay anything to the U.S. then

Ken-ST Moderator: Only to JB and Hungary

Ken-ST Moderator: I heard many are using Dubai to get their citizenship

majomx when i was at school i get a tax id number,i had(have) credit cards from here as well

Ken-ST Moderator: to avoid paying taxes

James-ST Moderator: cool majom......how long, total have you lived in the US?

johnboy sweet, just forward it directly to the neighbourhood pub to pay down my tab.........where I am now headed to enjoy a halibut burger and a Guinness before work......have a great afternoon everybody

James-ST Moderator: hey jb take care bud

Ken-ST Moderator: cool jb, have a good oen

Ken-ST Moderator: one

djg610 take care jb

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majomx James about 4 years

gd john takethe surfboard

majomx john send me your account#

James-ST Moderator: as a non US citizen, what is your opinion of the US?   you can be honest.....[img id=em-6]

gd As a citizen of the US...best damn country I know that I can complain about taxes

James-ST Moderator: What do Hungarins think of the US in general?  Dislike like most of the world?

majomx i liked it here before 2001...but what they do now(Bush)...

dks13827 gd   i second that   !!!

bigb agree

majomx otherwise it's a cool country,i like New York a lot

James-ST Moderator: i hear ya gd, agreed.........but keep in mind guys......we may pay heftly taxes, but the US is still relatively low compared to most industrialized nations........

dks13827 the european media sure does forget who saved their butt,,    TWICE  !!!     at great cost to us.

bigb what....you aint got no love for the west coast

majomx went to Hawaii too, for about 2 months

dks13827 hawaii is  great,, been there 3 times from phx

ozzy dks tj=hey have not forgotten

James-ST Moderator: geez majom, you sure saw the US .......

majomx i think this is a great money making country

James-ST Moderator: at least.....you can tell your friends the true sides of the US from East to West.......

dks13827 oz,,  on radio call in shows.. the folks have not,, but the media is

bigb i dont mind the taxes, just glad im making money to pay them

ozzy ah i got ya

majomx yep,miami,la,las vegas

dks13827 las vegas...... now there is america !!!!  ha

James-ST Moderator: wow majom......probably saw more of the US than most americans, lol

bigb dks...your in phoenix?

majomx i don't know about that...

dks13827 yeah  phx  since   76         from  Okla

James-ST Moderator: hey cale, you may be right.....Market breaking under the 50 ema on the 5 minute chart, stochastics are down

majomx you gotta travel when you are young

bigb sweet.......im down here in tucson right now

majomx i'll got to brazil and peru in january

James-ST Moderator: geez......

dks13827 well we should compare notes........would be great

majomx if i make enough money here...

bigb brazil...........................thats all you need to worry about.....best damn place in the world

James-ST Moderator: majomx......obviously well to do......to travel that much......family did well once Communism fell?

dks13827 big you live in tucson ??   or visit

majomx bigb,have you been there?

bigb rio......every man should visit

majomx yep,we were ok,it's been a long time,hungary is great now

Ken-ST Moderator: scanning for Type C buys

dks13827 good ladies there, right  bigb ??

majomx well not great-great,but ok

bigb ohhhhh ya

bigb dks....live but travel lots

majomx bigb,all you need is a box of condom,what i heard...

dks13827 well get your laptop set up for  travel trading

bigb a super sized box

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

majomx hehe

blk_lbl lol

majomx skip laptop

dks13827 remember when  Rocky in the movie said he didnt want to invest in condominiums  cause he never uses them !!!

James-ST Moderator: wait we talking about arizona or Hungary has hot women?

dks13827 rio

James-ST Moderator: ah

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blk_lbl dude both good places for hotties

majomx Hungarian women are hot too

James-ST Moderator: bear siting.......market must be heading down

blk_lbl waay hot

James-ST Moderator: sighting

bearrally lol

majomx anybody been to budapest

blk_lbl but arizon colleges have like the hottest girls of any

Ken-ST Moderator: hey bear

bearrally what's going on

bigb oh for sure......i love the u of a

James-ST Moderator: no, all over europe for me majomx, including living in Germany for 3 years......never east though.....i lived their during the cold war

bearrally you guy need to go to china

bigb best damn college for women sightings ever created

blk_lbl lol

blk_lbl ASU

dks13827 maj,,, i believe you....    the frauleins were greatttttt  when i was overseas in germany\

blk_lbl from what i heard

James-ST Moderator: what about the Florida State girls?  they are making Maxim, FHM, Playboy......

majomx James,what did you do in germany?

James-ST Moderator: majom......train to kill commies from invading the west

James-ST Moderator: lol

bigb UofA had their playboy issue last year

majomx lol

James-ST Moderator: nah, my father did.....i was a kid

blk_lbl thats what i was talking about bigb

dks13827 james,, you  army like me ??    1973 and  74    nurnberg  and  erlangen,, bamberg  etc

blk_lbl that article had like 7 of the 12 girls from ASU

James-ST Moderator: dks, nah, army brat, Mannheim 3-4 years

bigb one of the girls in it worked with a friend of mine

blk_lbl lol

dks13827 yeah,, ASU    is right here....      nice girls i have heard.. my daughter grad last year

blk_lbl you guys are so sexist

blk_lbl i'm way offended

bigb i was just partying with ASU girls on saturday night

majomx ASU?

James-ST Moderator: Yeah, easy guys.......50% of the room is female.......

dks13827 blk  i dont believe in pc

blk_lbl nice

dks13827 arizona state univ

blk_lbl james i was just kidding

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

blk_lbl so were you

majomx ok

blk_lbl j/k

James-ST Moderator: Anyways.......

Ken-ST Moderator: ALOG spread has tighten

dks13827 lets find a winnner

Ken-ST Moderator: but still a thin stock

bigb so the conclusion of this story is to go to RIO

Ken-ST Moderator: We will issue a long at new hod

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

James-ST Moderator: lol bigb

Ken-ST Moderator Update!

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ALOG 51.01[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ALOG 51.01[/b]

Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ALOG 51.01[/b]

majomx bigb,i will i will

Penfold Nice looking one Kenm... if market decides to head back north.. could be a very nice long...

James-ST Moderator: In the mean time.......yell out personal trades or stock ideas........

jy ken/james, is the market oversold now ?

blk_lbl ok... long RATE @ 12:45pm on 06/07/06

James-ST Moderator: jy, coming off of oversold levels

James-ST Moderator: taking a dip here.........

bearrally i am really bad luck

bearrally james is right

bearrally if i step in it drop

blk_lbl dude you have no idea

blk_lbl every day

blk_lbl the same thing happens

bearrally lol

blk_lbl you come in and BAM

bearrally market really don't like me

blk_lbl market new lows

gd bear...give 5 min warning so we can short stocks b4 you enter site

blk_lbl which is why you are the man

majomx change your name to bull

blk_lbl bring my shorts in

Penfold market new LOD...

bearrally blk should be buying drink now

bearrally lol

blk_lbl drink?

blk_lbl the whiskey?

Ken-ST Moderator: Nice Pen, I think you are already used to the looks we are going for

James-ST Moderator: Actually market is making new trend lows.....but LOD on the SPX is 1260.79 quite a bit off.....

gd red zone

blk_lbl here we go

Penfold yeah, didn't go back nearer to open...

majomx Short RATE?

bearrally why is makret drop everyday??

bearrally ken, james

bearrally help me

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blk_lbl i thnk short MATK

blk_lbl not shortable

Dan If the market drops every day, how did it get to 11,000?

Penfold was at 15,000 ? :)

bearrally blk, som cognac is ok

jy bear, are you making profit on all your shorts or puts ?

bearrally i almst triple my sept puts

jy GJ Bear

bearrally all position are from profit

bearrally positions

bearrally already took my initial investment back

James-ST Moderator: wow nice bear

bearrally james, lots of luck

bearrally got cream pretty bad in april

bearrally 0ut 500k

James-ST Moderator: you take your hits, but you also make killings.....but then again......you are an adrenaline junkie.....lol

bearrally come on

bearrally that is not me

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

bearrally i just try to make a few coins here

gd :)

gd nice coins

James-ST Moderator: well......try to corrupt any of the young minds here.......

James-ST Moderator: your "all - in" trading syle is not for the faint of heart or the less than millionaires.......

James-ST Moderator: trading is a grind process, and should be treated like any normal job.......

James-ST Moderator: 90% of traders fail, because they dont

James-ST Moderator: you go to work, abide by the rules.......

jy one of the areas I found helpful with ken and james is that they help to take the emotion out of the trades since I'm not good this self-control.

James-ST Moderator: preserve capital.....

James-ST Moderator: ah, it should be "try not to corrumpt"

James-ST Moderator: corrupt

James-ST Moderator: lol

gd Well I am going to perserve profits today on that note...see ya all in the am.

bearrally my max is loosing 25% of my assets

jy since it's so easy to clik on hte mouse and there goes the trade.

blk_lbl short BMC

James-ST Moderator: if you can squeeze a mere $200 a day and call it a day........on average.......you would  be making a cool $60k a year..........

James-ST Moderator: ok gd take care bud

gd has logged out

James-ST Moderator: or $400........120k a year

bearrally jy, i learn to eliminate trading here

blk_lbl before taxes

bearrally my trading drop about 50% last year

bearrally fatter profit

James-ST Moderator: well.......you trade less bear.....but just bigger chunks eh?  and you seem to be in index options and futures much more.......

bearrally these two are good at what they do

bearrally yes

dks13827 james,,,  true................   and one has to have   good days   to offset the  down days

dks13827 yesterday,,  good               very

James-ST Moderator: it is hard to wake up.......and say make one good trade and hit your profit goal and log off and call it a day......but do it......

bearrally it's all risk references

blk_lbl it is hard

bearrally preferences

James-ST Moderator: likewise, say  you have a max loss for the day and start off bad.....hard to log off and shake it off.....people like to cahse........

bearrally easier said than done

blk_lbl that;s why i just start drinking

James-ST Moderator: hahahahha

ozzy lol

James-ST Moderator: blk, dude, you are way too young to be drinking.......

bearrally isn't ken got my blood too?

blk_lbl and annoy you guys

blk_lbl i know james.... you are right

blk_lbl but i like the juice

bearrally blk how old are you, if you don't mind

James-ST Moderator: making 100 daytrades is good for only person........your broker

James-ST Moderator: make less trades with a strategy and a stop loss.......hit your profit goals.........

bearrally can you see Clyde smilling?

blk_lbl 25

bearrally wow, you are younger than my 1st son

bearrally 2nd too

blk_lbl lol

Jen James, you preaching does help, I made two trades before 9:40 and quit trading, went to demo mode.

James-ST Moderator: 1 trade for $400 profit is way better than sitting around all day making 50 trades for $400.......with commisions....in essence you would probably have to make $900 off your 50 trades to net $400........

James-ST Moderator: vn jen

blk_lbl i agree ... james you taught me that rule early on

blk_lbl and i thank you for that

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

blk_lbl seriously this time

James-ST Moderator: hahahah

blk_lbl see my straight face

blk_lbl = |

James-ST Moderator: lmao, bear......just read is blk than your youngest son.....

James-ST Moderator: man, we have a bunch of youngins.......

jy One of my better trades todya on my own is CGPI Bought @13.31 and still holding on to the trade.

jy CGPI is @13.61.

bearrally no my wife wanted anoether kid

James-ST Moderator: ah, vn jy.......vn

bearrally so we have a 3 years old girl now

James-ST Moderator: really bear?

James-ST Moderator: though you guys were married like 30+ years???????   you must be a 50+ old dad?

jy james, that's our strategy here on CGPI.

bearrally lol

bearrally not funny

James-ST Moderator: 13.41 stop would show a break in trend.......

blk_lbl lol

bearrally she always wanted a girl

James-ST Moderator: well bear.....you are the one who told us you were married so long there is nothing to talk about

bearrally i will never get to retired

James-ST Moderator: littly overbough jy.......maybe take profits?

jy TY james on the stop CGPI.

blk_lbl i never want to retire

bearrally my sons are mad

blk_lbl why?

bearrally they said she is young enough to be their kid

blk_lbl i c

Dan Huge spread on ALOG

prophet akam?

prophet day trade

blk_lbl wow it's storming here in vegas

blk_lbl it never rains here

Ken-ST Moderator: ALOG is close

bearrally blk you are in vegas?

James-ST Moderator: rain blk?  i actually caught a miserable dust storm......worst darn vegas trip.....

Ken-ST Moderator: AKAM is in the p/d range

bearrally that is my 2nd home

Ken-ST Moderator: trends can be unreliable and choppy

blk_lbl you have a house here bear?

blk_lbl right on

majomx AMWD?lod short?

blk_lbl yah winds can be bad here with all the dust

david amwd lod

bearrally i think i own 1% of ceasar

bearrally lol

blk_lbl from all development

blk_lbl you prob should

James-ST Moderator: lol blk, his second home is Caesars.....it is like Cheers there......everyone knows Bear's name......

Rube has entered DayTrading Chat

bearrally for al the investment i invested in ceasar palace

bearrally lol

James-ST Moderator: wb rube

James-ST Moderator: majom.....still in congestion for us.......

blk_lbl they used to tell me the stories

majomx ok

blk_lbl ceasars whale

bearrally i wish

Rube ty

blk_lbl decent comps?

bearrally everything on the house

bearrally even the girl

bearrally girls

bearrally lol

blk_lbl not bad

bearrally ken was too chicken last time

blk_lbl lol

bearrally ken, how did you quit gambling?

Ken-ST Moderator: lol

Ken-ST Moderator: how did I quit?

bearrally yes

bearrally i can't do it

Ken-ST Moderator: Focused on other things

blk_lbl come on BMC

mac has left the room

Ken-ST Moderator: You dont need to quit

bearrally ok how do you focus on other things in vegas?

Ken-ST Moderator: Nothing wrong with it

Ken-ST Moderator: Oh in Vegas?

blk_lbl you don't unless you live there

blk_lbl here

jy sold CGPI @ 13.63.

Ken-ST Moderator: I stopped because I had  a plane to catch

Ken-ST Moderator: lol

dks13827 jy  good

jy ty

Ken-ST Moderator: nice jy

Ken-ST Moderator: well done

Ken-ST Moderator: way to take the profits

jy ty

JP Been a good day.  See you all tomorrow.

JP has logged out

jy CGPI took some patience but the trend was there.

blk_lbl BMC is gonna go to $12

blk_lbl art cashin is gonna tell us

blk_lbl you tell em Art

bigb ken, nice day with futures again

bigb $225 today, racking them in i see

djg610 george cloony vegas condos deal not going forward    selling the land and still making over 100 million

djg610 wonder what he was supposed to make if the deal went through

Ken-ST Moderator: ty big

blk_lbl he's in another one now already i guess

Ken-ST Moderator: 100 mill that is crazy

bigb wow, thats almost as much as i will make if trinidad and tobago win world cup

blk_lbl lol

blk_lbl or sierra leon

blk_lbl for me

blk_lbl leon lion

bigb lol

blk_lbl there goes the market

claudia has logged out

david need one more trade today

david time est 2.50

alex has entered DayTrading Chat

bigb very tough to trade in last hour

blk_lbl oh come on market.... i had great hopes for you

Ken-ST Moderator: yup tough

ozzy ok i am off, tnx Ken/James, bye everyone

Ken-ST Moderator: Did you play that lunch time breakout?

Ken-ST Moderator: big?

bigb its right at 11000

Ken-ST Moderator: ok ozzy

Ken-ST Moderator: have a good one man

ozzy you 2

bigb ya did it big today ken

ozzy has logged out

Ken-ST Moderator: nice

bigb shorted at 1272.25

bigb never looked back from there

dks13827 great entry

Ken-ST Moderator: cool

Ken-ST Moderator: hey that was my exact entry as well

Ken-ST Moderator: Only I covered out way earlier

bigb oh sweet

blk_lbl wow that is the wierdest accent for that lady on BSNBC

blk_lbl doesn't fit

jy the market cannot make up it's mind.

Ken-ST Moderator: very choppy

blk_lbl sloppy choppy

jy yes. choppy.

blk_lbl no......sloppy choppy

blk_lbl i'm a freaking dork

Ken-ST Moderator: lol

blk_lbl and i haven't even started drinking yet today

Ken-ST Moderator: hehe

Ken-ST Moderator: just naturally dorky?

Ken-ST Moderator: I can do that sober

blk_lbl me too apparently

bigb if i dont drink today, it will be my fourth day in a row