***************************************************
********** Good Morning Everyone
********** Fri September 22th 2006
**********
Freedom is not worth having if it does not include the freedom to make mistakes.
- Gandhi (1869-1948)
***************************************************
Ken-ST Moderator is no longer a moderator
benbeth gm
jq gm rdub
rdub gm gang
benbeth gm
gman gm scott
gman gm all
Pontiff gm
benbeth gm
Ken-ST Moderator has logged out
jq GREAT SCOTT GANDHI!!!!!
Scott-ST Moderator: :)
allegro_bob thanks Scott - I've got that mistakes part down cold
Cale Gandhi is the Boss
georgie Scott - BSX?
gman has logged out
jq scottie gandi scott
rdub gm jq (sorry, just saw your post)
Scott-ST Moderator: looking Georgie
gman has entered DayTrading Chat
lionel has entered DayTrading Chat
Cale Ken KOSP?
Newbie has entered DayTrading Chat
Scott-ST Moderator: we will add that one georgie and keep an eye on it
davidber has entered DayTrading Chat
allegro_bob nuro might be worth a watch
mohammed_y has entered DayTrading Chat
Ken-ST Moderator has entered DayTrading Chat
Ken-ST Moderator has become a moderator
jq Wb
Ken-ST Moderator: ty
jq gj dingdongman
Scott-ST Moderator: YES WB
Ricky has entered DayTrading Chat
dennis has entered DayTrading Chat
ms has entered DayTrading Chat
j5 has entered DayTrading Chat
IB has entered DayTrading Chat
ms gm all
nm has entered DayTrading Chat
Ken-ST Moderator: gm Ricky, Dennis, ms, j5, IB, nm
IB gm ken
Ricky GM
dennis gm Ken
j5 gm all
j5 good trades
Ken-ST Moderator
j5 has logged out
Ken-ST Moderator: ***********Market Assessment**********
Daily Chart: Below the 5 day EMA, Stochastics in uptrend
Hourly Chart: Uptrend with 20 EMA above the 50 EMA
5 min Chart: Downtrend with 20 EMA below the 50 EMA.

Overall market is in a uptrend, however there are warning signs to a tired trend. Be aware of a possible change in downtrend in the works.
Ken-ST Moderator: Good trading everyone
j5 has entered DayTrading Chat
Ken-ST Moderator: possible change to an hourly downtrend that should reaad
j5 anybody there?
Ken-ST Moderator: YUP
Scott-ST Moderator: yes sir
Scott-ST Moderator: watching the stocks
j5 hehe,
Scott-ST Moderator: what to get the perfect setup
Ken-ST Moderator: no setups yet
j5 np, just seemed too quiet
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on KOSP 46.54
Ken-ST Moderator: Watching for Type B Short at new low of the day on KOSP 46.54
Ken-ST Moderator: Watching for Type B Short at new low of the day on KOSP 46.54
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on BSX 14.57
Ken-ST Moderator: Watching for Type B Short at new low of the day on BSX 14.57
Ken-ST Moderator: Watching for Type B Short at new low of the day on BSX 14.57
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on MDRX 22.96
Ken-ST Moderator: Watching for Type B Buy at new high of the day on MDRX 22.96
Scott-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on MDRX 22.96
allegro_bob 9:41 and nothing fired -----
Cale because its friday
j5 bsx close sort of
Newbie cale, are fridays a slow day?
Cale Mondays and Fridays
Cale I just dont trust them at all
j5 this friday does seem strange
Newbie do you trade them?
j5 im giving the market another 5 minutes
j5 newbie, i have a lower target on fridays and mondays,
Ken-ST Moderator: be patient gang, let the stocks setup
Ken-ST Moderator: BSX is close
Scott-ST Moderator: This would be a good time to buy the Videos and Watch them :)
2thdr I'd rather not trade than get into a bad setup
conanno1 Anyone line "LOST"....I watched DVD ...season 1 & 2 and I am hooked.
JP BSX so close
conanno1 I meant "like"
Cale exactly 2thdr
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short BSX 14.57
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short BSX 14.57
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short BSX 14.57
Newbie I love 'Lost' Conanno, best show on tv...
jvt get down bsx get down
lionel bsx st
Cale am going to get the Lost Videos from NetFlx
Cale did you like it Conannon
Ken-ST Moderator
Gantra conannon, i'm watching the season 1 DVDs now. It's good. I'm enjoying them.
Ken-ST Moderator: UPDATE: Moving stop to entry BSX
Ken-ST Moderator: UPDATE: Moving stop to entry BSX
Ken-ST Moderator: UPDATE: Moving stop to entry BSX
davidber Tight Tight Tight reins
jvt oh yea
2thdr i like moving stop to entry...one of my favorit things
conanno1 has logged out
Newbie i like that..
jvt tgt hit right?
JP Those that like Lost may also want to check out the show Jericho on CBS. It has a Lost feel to it.....but it takes place in Kansas.
dennis has logged out
davidber Liz has the just F@#$ed look :) I love it!!!!!!!
boxerconan has entered DayTrading Chat
2thdr did we hit taget on bsx?
Ken-ST Moderator: Not for our record keeping
Scott-ST Moderator: almost
Ken-ST Moderator: .01 away
2thdr it got me out
Ken-ST Moderator: nice 2thdr
Ken-ST Moderator: wtg
Ken-ST Moderator: thats the way bro
Cale me too
Gantra no me...and it traded below my stop too!
jvt yea i got out at 14.43
Cale nice 2thdr
Cale thanks Ken
Cale ty Scott
Scott-ST Moderator: Thank Georgie for that one....
jvt i must be doing wrong math for 1%
jvt hehe
jvt thanks georgie
jq Ryder Cup best sporting event hands down
davidber yeah you failed rounding
Ken-ST Moderator: Gang, you can thank Georgie for bringing BSX up tot he room
Ken-ST Moderator: thanks Georgie
davidber WE LOVE GEORGIE
jvt thanks thanks georgie
Cale ty Georgie
Cale Ken you going to repeat everthing Scott says?
Cale LOL
j5 thanks georgie you the man, ken give the man a free month, lol
davidber We all owe Georgie a box of DingDongs
momo georgie for president!
jq girl
rdub stopped @ B/E on BSX
Scott-ST Moderator: almost rdub
rdub oh, my entry was 14.56
allegro_bob sndk being berry berry gud to me
Ken-ST Moderator: have not seen the offer past .56 yet
lionel bsx i was stopped at 14.57
Scott-ST Moderator: nice bob
georgie what are dingdongs?
Cale huh?
Cale OMG georgie
Cale you have not lived
jq cup cakes
davidber Speaking of bob - did everyone hear the guys that did the enzyte, smiling bob commercials got busted for fraud?
Ken-ST Moderator: really?
Cale http://www.twinkies.com/dingdongs.asp
davidber Yes he did ken
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on MDRX 22.54
Ken-ST Moderator: Watching for Type B Short at new low of the day on MDRX 22.54
Ken-ST Moderator: Watching for Type B Short at new low of the day on MDRX 22.54
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short MDRX 22.54
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short MDRX 22.54
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short MDRX 22.54
rdub impossible?
Ken-ST Moderator: Why what kind of fraud, what was he doing?
georgie I'll have to settle for chocolate instead
davidber Uhh, the **** doesn't work? Why were you a customer Ken?
Ken-ST Moderator
Gantra wasn't that a little late?
jvt wow that activated quick
Ken-ST Moderator: STOPPED Consider exit in BSX Breakeven
Ken-ST Moderator: STOPPED Consider exit in BSX Breakeven
Ken-ST Moderator: STOPPED Consider exit in BSX Breakeven
davidber And credit card fraud, deceptive advertsing, etc.
Ken-ST Moderator: one sec, let me call the doctor real quick
davidber http://www.cnn.com/2006/LAW/09/21/enzyte.indictment.ap/index.html
nm has logged out
davidber I don't understand, all you need is a pic of liz and you should be good to go!
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on MDRX 22.85
Ken-ST Moderator: UPDATE: Moving stop on MDRX 22.85
Ken-ST Moderator: UPDATE: Moving stop on MDRX 22.85
Ken-ST Moderator: LOL
Ken-ST Moderator: market new lod
allegro_bob has logged out
lionel somebody was able to grab mdrx at 22.54, besides the holy spiri?t
allegro_bob has entered DayTrading Chat
Ken-ST Moderator: ah, I didn't know you meant hte compnay was doing the fraud, I thought maybe just that guy was
Ken-ST Moderator: its above it now lionel
jvt man i got a lil too much mdrx
Ken-ST Moderator: dont need to be a holy spirit to get in on that
johnboy has entered DayTrading Chat
jq lol
Ken-ST Moderator: gm bj
Ken-ST Moderator: jb
johnboy good morning Ken, Scott, everybody
Scott-ST Moderator: Good Morning JohnBoy
davidber haha - a good morning bj - ahh that is a nice thing ken
jq hey jb gm
Cale gm jq
Cale gm jb
Lorden has entered DayTrading Chat
boxerconan Anyone know why AAPL is dropping?
jq hey cale blk was telling me you are still in school???
jq lol
Cale am always learning
momo folllowing the market-aapl is
allegro_bob sndk - still dropping
Ken-ST Moderator: lol david, I was thinking the same thing
Ken-ST Moderator: how can it not be a good morning with a bj
davidber exactly - however, I would be late to trade if it happened :(
Ken-ST Moderator: jb
Scott-ST Moderator: hey hey hey Gand
jq we know what is on Ken mind
Scott-ST Moderator: lets keep it PG-13 please
Ken-ST Moderator: ?
Scott-ST Moderator: gang
davidber Ken is thinking about his enzyte
Ken-ST Moderator: are we talking about hte same thing?
Ken-ST Moderator: market just off the lod
lionel \You see if i short MDRX now at .66 i would be shorting a stock going up and also there is no particular set up here
jq keep in line great gandi scottie scott
Scott-ST Moderator: [img id=em-10]
jq lol
Cale JQ lol Gandi Scott
Cale thats good
Cale we will just refer to him as Gandi for now on
jq lmao
davidber I don't think of scottie as ghandi, more like Engineer Scottie - 'Dammit Ken, I am giving it 110%. The dielthium crystals are gonna fail on the panel"
Ken-ST Moderator: ok lionel
j5 yeah beam me up scottie
nm has entered DayTrading Chat
davidber Damn Liz fixed her hair!
Gantra NKE?
jq Gandi-ST Moderator thatis powerful
Cale lol
lionel is the buy signal on mdrx still in place?
Scott-ST Moderator: No Lionel
Scott-ST Moderator: we are now Short
Scott-ST Moderator: wait oh you mean the long alert?
Ken-ST Moderator: if it got up to that price then yes lionel, but we would have to be stopped out first
lionel tkx
jq gandi scott ken would have to give you a raise
lionel thx
Scott-ST Moderator: the Alert is still valid
Scott-ST Moderator: because we would get stopped out with the short before we would go long
jq ty
Newbie is MDRX worth shorting now @ 22.66???
Ken-ST Moderator: we stand by any open position we have
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on MSCC 23.81
Ken-ST Moderator: Watching for Type B Short at new low of the day on MSCC 23.81
Ken-ST Moderator: Watching for Type B Short at new low of the day on MSCC 23.81
Gantra anyone else using Tradestation finding their orders are getting filled on the matrix well after the price passes by?
Steve Gantra, TS fills OK today, i'm not using matrx, but that shouldn't matter
Gantra i'm getting alot of slippage so far..
Gantra but i think my orders are sent to the TS servers...so it shouldn't be a problem on my end
Steve both BSX and MDRX filled at good prices - 14.60 / 22.53
Gantra any slippage?
Cale nice Steve
j5 maybe the route?
Cale I didnt get into BSX
Steve i agree it shouldn't be an issue on your end, are you using intelligent routing or specifing an ECN
Gantra intelligent
lionel Newbie i do not know what ken is thinking on this but if i had to short mdrx i would doit now at 22.42
Ken-ST Moderator: ok lionel
Steve i am also, but I do set my entry prices +/- 0.01 above/below Ken's prices. while there is a risk there, it get's me in a little earlier
j5 yes lionel that's another type b setup since it retraced, you could adjust your target to 1% from there
Ken-ST Moderator: Newbie, I would rather short a stock closer to my stop, that would provide the least amount of risk
Gantra i took a .5 nip out of NKE when it hit LOD
Ken-ST Moderator: I agree j5
Ken-ST Moderator: gj Gantra
Ken-ST Moderator: the setup was there
Gantra steve, cool
j5 tx ken, where do you think i learn that from?
j5 learned
Ken-ST Moderator: lol
Cale j5 did you learn that from Lionel?
Cale j/k
j5 from the master ken
Newbie ty, lionel and Ken
momo ken-I see your e-mini trading is halted. Where do I learn more about that style of trading?
j5 actually i learn a lot from this board, including you cale
2thdr stop at 22.72 be good for mdrx?
j5 like no trades on uncle ben's days
Ken-ST Moderator: i will start it up again in the beginning part of October
Cale lol Newbie
Ken-ST Moderator: lol,lionel, take it with a grain of salt, we are just ragging on everyone today
Ken-ST Moderator: Lionel we get into a stock on valid triggers, we set a stop
Cale everyone but me for a change :)
Cale even JQ is quite
slowmo has logged out
Cale we need the lotion from JohnB
Ken-ST Moderator: the fact that it is going against us does not make it a bad trade. I think that is the downfall of traders
Scott-ST Moderator: 2thdr that is a bit tight of a stop
2thdr ok
Ken-ST Moderator: stocks can move within its trend
Ken-ST Moderator: set your stop and stick to it
jq cale your not getting me back in jr. high!!! LOL
momo ken- What is easier to learn and follow daytrading stocks or trading the e-mini's? profit potential?
Cale oh, come on JQ
Ken-ST Moderator: imo, stocks best potential in the first hour
Cale just have to keep it PG-17
Ken-ST Moderator: eminis after that
jq lol
jvt mscc
Scott-ST Moderator: doh good eye jvt
Scott-ST Moderator: missed that pull back,
Steve mscc?
Scott-ST Moderator: should have called that one
ms mscc ?
jvt u guys did call it
Scott-ST Moderator
Scott-ST Moderator
jharms has entered DayTrading Chat
jvt either that or i'm smoking crack
Steve mscc got trigger at 23.81 - yes ?
allegro_bob what ding?
lionel mscc trigerred for me
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
2thdr stop for mscc?
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short MSCC 23.81
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short MSCC 23.81
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short MSCC 23.81
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short MSCC 23.81
Ken-ST Moderator: Sorry about that guys, i had my alert set to 22.81 by accident
Ken-ST Moderator
jvt 22.81 is a nice target
Ken-ST Moderator: UPDATE: Moving stop on MSCC 24.19
Ken-ST Moderator: UPDATE: Moving stop on MSCC 24.19
Ken-ST Moderator: UPDATE: Moving stop on MSCC 24.19
davidber Scottie didn't beam us correctly
momo has logged out
Scott-ST Moderator: Sorry Gang
Scott-ST Moderator: my bad
Scott-ST Moderator: ty jvt [img id=em-8]
jq cale I will be happy to see blk when he gets back from Brokeback
jq np gandi
dp has logged out
Gantra BSX is close to HOD..is it worth going long?
Cale lol JQ
Scott-ST Moderator: Gantra we will keep an eye on that
Scott-ST Moderator: not sure about the 20 ema
Ken-ST Moderator: lets evaluate near the hod
Scott-ST Moderator: it may be good resistance
Gantra ok
Cale MDRX close to profit
Cale I may just take 1/2 on that one
j5 cale you're trading?
Cale once it busts below the 20ema, oh baby
jvt this mdrx is a teaser
Cale shhhh
j5 on a friday?
Cale dont tell anyone
Cale its not summer anymore, since it snowed here
jq lol
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop to entry MDRX
Ken-ST Moderator: UPDATE: Moving stop to entry MDRX
Ken-ST Moderator: UPDATE: Moving stop to entry MDRX
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
jvt chat ching
Ken-ST Moderator
Ken-ST Moderator
jq $$$$$$$$
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MDRX
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MDRX
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MDRX
Cale nice job Ken
Ken-ST Moderator: ty cale
Scott-ST Moderator: [img id=em-11]
Cale oh and Scott
Cale nice
jy ty gj on MDRX
jvt now go MSCC
jq nice job great gandi scottie scott
j5 yeah, nice move
j5 thanks guys
Cale Lionel did you short MDRX at the .66?
Ken-ST Moderator: nice example on MDRX on setting your stop at resistance areas and sticking to them
j5 wow mdrx green candle
jq did the holy spirit catch the MDRX???
Ken-ST Moderator: lmao jq
Gantra hehe
jq yes he did$$$$$$
j5 that's crazy, sombody screwed up a limit order or somethi
Scott-ST Moderator: [img id=em-10]
lionel no because at .66 there was no set up..when you miss a trade you miss atrade and then you have to ask yourself is there a set at .66 the answer is no the fact that you had a set up at .52 has become irrelevant..it is just a question of believing in a system of trading
Scott-ST Moderator: Good call Lionel
lionel yes in this case i would have made money shorting at .66 but it does not mean anything
Ken-ST Moderator: I disagree, if you follow a system
Scott-ST Moderator: just play it consistent
Ken-ST Moderator: I think its is a better opportunity to short stocks higher than the trigger on a short
Newbie I plan on buy some videos from you guys, what all do you teach on them?
Ken-ST Moderator: We teach these strategies newbie
jq Great Gandi Scott you made a sale!!!!
Newbie how long are the videos??
Scott-ST Moderator: lol
Cale I use the Videos as a good review
Newbie have most of you watched the videos?
jq Now her comes the kick backs
Ken-ST Moderator: market just off the lod
Gantra lol
Ken-ST Moderator: stochastics are oversold but still in downtrend
Newbie ken, what does that signal exactly.. it should go up? or there is still no defined direction/
Gantra NKE at HOD
jvt mdrx new lod
Ken-ST Moderator: the trend is currently down is all I am saying. It does seem a little extendded being that the stochastics are oversold. It does not mean it will go up
jq caledingdongman are you in MSCC??
Newbie OK
Newbie TY
Ken-ST Moderator: np
jvt ken when do u move the stop
Newbie good question.. IS based on the overall market?
Ken-ST Moderator: market, and move toward target
Ken-ST Moderator: You also want to see how volatile the stock is.
Ken-ST Moderator: You also look at the time of day
Ken-ST Moderator: The less time less in the day, the tighter you want the stop
Newbie so if the market goes agianst your trade, you tighten up the stop?
Ken-ST Moderator: You may play looser stops if you are trading with the market, and/or if you have a lot of time in the day
Ken-ST Moderator: Bascially we are only looking at three areas to place the stop
Ken-ST Moderator: thats it. Keep it simple, that way you can be consistent
Newbie ty, ken..
Ken-ST Moderator: we go over it on our Market Assessment video. You may apply it to most any day trading strategy in my opinion
jvt who uses TS here?
Ken-ST Moderator: Me, when my shoes are a little too big
Steve jvt, I do
Gantra me
Ken-ST Moderator: wait are you talking about Thick Socks?
Gantra haha
jvt anything i should be aware about it?
Ken-ST Moderator: geez that was lame, but couldnt think of anything else that started wtih TS
Steve that's an open ended question !
jvt i heard bad slippage
Steve ususally good, but I do get bad fills from time to time
Gantra be sure to set your order entry preferences Stop/If Touched Trigger Type to Single Trade Tick within NBBO
Steve Need to think about using Intelligent routing or specifying an ECN, not sure if specifiying helps
888 has entered DayTrading Chat
Steve gantra, have you switched that recently. If so, have you seen it help?
Ken-ST Moderator: Anyone using DAS in here. Make sure you are on verion higher than 1.49. Otherwise you will experience problems logging in
Gantra I have switched, but i'm not sure if there has been a difference. I really haven't watched that carefully....though today and yesterday i seem to have periods of lag
Gantra I do know i haven't gotten any wierd fills that i got before i switched, though
Steve yeah, it would take longer to fill from time to time. but imo, the # of trades where it would actually matter should be very few - do you agree
Gantra so far, i'd agree with that, steve
Scott-ST Moderator is no longer a moderator
Scott-ST Moderator has logged out
Steve looks like it may be my homework for the weekend - thx gantra
Scott-ST Moderator has entered DayTrading Chat
Scott-ST Moderator has become a moderator
Scott-ST Moderator: wb
Scott-ST Moderator: ty
jvt thx just wonder about to switch over in october dont want to be surprise
Steve scott - talking to yourself is 1st sign of insanity, answering is 2nd
Scott-ST Moderator: [img id=em-0]
Ken-ST Moderator: wb
Scott-ST Moderator: ty
Ken-ST Moderator: lol
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MDRX
Ken-ST Moderator: CANCEL ALL TYPE SHORT ALERTS
jvt deja vu
Kelly has logged out
Ken-ST Moderator: haha, sorry about that
Ken-ST Moderator: market just above the 5 ema
888 has logged out
Ken-ST Moderator: stoch nearly coming up from oversold
IB has logged out
jg has logged out
Steve ken, are you going to keep MDRX open thru lunch ?
Ken-ST Moderator: no Steve, cancelling them as we approach the 11:30 start of lunch
Ken-ST Moderator: Stoch are oversold, so we are able to keep the long alerts open just a bit longer
Ken-ST Moderator: Intraday Trend is Sideways to Up
Ken-ST Moderator
Ken-ST Moderator: CANCEL ALL TYPE B ALERTS
Ken-ST Moderator: MDRX
Ken-ST Moderator: NEW LOD
jharms has logged out
the-Don has entered DayTrading Chat
Ken-ST Moderator: gm don
the-Don gm ken
Ken-ST Moderator: how are you doing
the-Don smiling with a CAL short
the-Don and how u doing?
jvt man that sucks my platform just closed me out of mscc
dp has entered DayTrading Chat
Lorden has logged out
Ken-ST Moderator: nice Don
Ken-ST Moderator: why jvt?
the-Don Scott i thought we gona play CONR today
jvt no idea
Steve jvt, what's going on, I'm still in it?
jvt i think i put wrong stop or something
Ken-ST Moderator: CONR had that nice Type A setup today that played out
Gantra nke New High
Ken-ST Moderator: MSCC new lod
Ken-ST Moderator
Steve look at your TradeManager Orders tab and it will show you your order info details
Ken-ST Moderator: UPDATE: Moving stop on MSCC 23.95
Ken-ST Moderator: UPDATE: Moving stop on MSCC 23.95
Ken-ST Moderator: UPDATE: Moving stop on MSCC 23.95
Ken-ST Moderator: note that MSCC making a new lod during lunch
Ken-ST Moderator: not at all a bad idea to take at least a little off the table
Scott-ST Moderator: yep sorry Don
Ken-ST Moderator: in case this is a shakeout in the breakdown
Ken-ST Moderator: but still keep in some to ride the trend
Ken-ST Moderator: Just want to relay over what I would be thinking
Newbie ty
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop to entry MSCC
Ken-ST Moderator: UPDATE: Moving stop to entry MSCC
Ken-ST Moderator: UPDATE: Moving stop to entry MSCC
Ken-ST Moderator: Risk nothing on that trade gang
alex has entered DayTrading Chat
Ken-ST Moderator: gm alex
Steve ken, what did you see that you don't like ?
alex gm Ken
Ken-ST Moderator: in MSCC?
Steve yes
Ken-ST Moderator: I am suspect or cautious of any breakdowns during the lunch period
Steve mm manipulation ?
Ken-ST Moderator: perhaps
Ken-ST Moderator: but they often fail or mark the end ofhte run
Ken-ST Moderator: it may not, but just want to be safe
Ken-ST Moderator: MDRX new lod
Steve thx for the insight
Gantra bsx keeps moving higher
Newbie the don are you still short in CAL?
j5 has logged out
jq gang have safe and great wkend laters
jq has logged out
Gantra Tzoo a good short at LOD?
Ken-ST Moderator: ok jq
Ken-ST Moderator: TZOO at lod would still be in recent range. Some support in the 26 area
Gantra back on 7/21?
Ken-ST Moderator: yes
Ken-ST Moderator: so you are looking at possible support at 26.95 area then at the 26.15 area
Ken-ST Moderator: in between there could be a lot of chop. furthermore it is the lunch period
Ken-ST Moderator: Scanning for Type C shorts soon
jvt anyone here use esignal?
2thdr I use esignal
jvt my chart just messed up....didnt show any charts before 1130
Cale I do Jvt
Cale check your DataManager
Cale did you hit a stock number mimit?
Cale limit?
jvt has left the room
ms mscc, lod
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in
Scott-ST Moderator
Scott-ST Moderator: WAKE UP
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MSCC
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MSCC
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MSCC
Cale oh yes
Cale ty boys
2thdr thanks
Cale but I didnt get into that one
Cale going back to sleep
Newbie Shorting CAL looking good?
Scott-ST Moderator: are there shares to Short CAL?
nm has logged out
dp has logged out
Scott-ST Moderator: MSCC lod
Newbie I got in @ 29.42, very very samll lot
dp has entered DayTrading Chat
Newbie *small
Scott-ST Moderator: nice Newbie
Scott-ST Moderator: MDRX lod
Ken-ST Moderator: gj
Ken-ST Moderator: wb dp
alex has logged out
alex has entered DayTrading Chat
Ken-ST Moderator: MSCC new lod
Bruno3 has logged out
Newbie anyone still in MSCC?
Lorden has entered DayTrading Chat
Cale still have 1/2 baby
Cale wb Lorden
Scott-ST Moderator: gj Cale
Cale ty
2thdr has left the room
jy MDRX and MSCC runners
Scott-ST Moderator: Nice!!
Scott-ST Moderator: man Cale what is your stop on MSCC/
Scott-ST Moderator: ?
alex has logged out
Cale I have a Trailing stop which is very loose its now 1.2%
Cale but I may just cover out here just before lunch is over
bearrally has logged out
bearrally has entered DayTrading Chat
rdub nah ... go for $1 Cale
Ricky has logged out
rdub be a man
Cale ya Think?
rdub lol
Cale I dont even trade on Summer Fridays
Cale but now that it snowed its not summer
rdub just kiddin' bro ... do your thing
Ricky has entered DayTrading Chat
bearrally snow where?
Cale lol
Cale I know
Cale Colorado Bear
Cale good morning btw
bearrally Cale, nice
Scott-ST Moderator: Hey Bear
bearrally morning Scott?
bearrally what's cooking?
jorge has entered DayTrading Chat
Scott-ST Moderator: 2 nice runners
Scott-ST Moderator: not too much else
Ricky When i grow up I want to trade like Cale.
rdub might be interesting if you guys had two different types of exit alerts, one to hold 1/2 and one to exit all
Ricky Hey Cale, when do you set your stops or trails, at entry or at some point once the stock has changed some?
bearrally where are the sellers?
Cale they are selling MCSS
Cale and MDRX
sieno has logged out
sieno has entered DayTrading Chat
bearrally jdsu reverse split?
bearrally thought only penny stock do that
bearrally lol
Steve has logged out
Steve has entered DayTrading Chat
Steve what was exit price on MSCC?
boxerconan has logged out
bearrally up 1.5 on aapl short yesterday
bearrally there were nothing to trade this morning
Scott-ST Moderator: lol
Gantra ken, scott, what is the runtime on the day trade DVD? How many setups do you go thru?
Ken-ST Moderator: 30 - 40 minutes each
Ken-ST Moderator: we go through the three strategies
Ken-ST Moderator: when used in tandem with this room you should get a good grasp of the entire process
Ken-ST Moderator: It really is a simple strategy
Gantra that's good. simple is best.
Gantra has logged out
Gantra has entered DayTrading Chat
conanboxer has entered DayTrading Chat
Ken-ST Moderator: yup. you will find that everything reverts back to its simplest form as things get more advanced
Ken-ST Moderator: that is my opinion
Ken-ST Moderator: the concepts are very basic. It is just put together in a consistent way.
jorge Ken, If everyone follow the same rules and strategies will it affect the results?
Scott-ST Moderator: who do you mean Everyone Jorge?
jorge All of us let say
alex has entered DayTrading Chat
Scott-ST Moderator: no we will have very little if no effect on the results. having said that it also depends on how may shares each person gets into poisissons, say you buy 200K shares
Scott-ST Moderator: that will change the results
Kelly has entered DayTrading Chat
Scott-ST Moderator: Hello Kelly
rdub cool
Kelly hi scott
georgie has left the room
bearrally damn didn't fill my at 25
bearrally ken, are you long futures?
Ken-ST Moderator: looking to short it soon
Ken-ST Moderator: i was long this am
conanboxer has logged out
Cale wink wink
jvt has entered DayTrading Chat
Scott-ST Moderator: eb
Scott-ST Moderator: wb
jvt ty
jvt had to grab lunch
Scott-ST Moderator: yep I need to get something to eat also but will wait just a bit
Scott-ST Moderator: what was for lunch jvt?
bearrally anyone here has an easier way to make money?
Scott-ST Moderator: am looking for a nice salad
bearrally Scott, Salad???
bearrally what kind of food is that?
bearrally jy, serious question.
bearrally how do you do it?
Scott-ST Moderator: rabbit food
Scott-ST Moderator: had a huge burger lastnight for dinner
Pontiff has logged out
conanboxoer has entered DayTrading Chat
bearrally Scott enjoy while you can
jvt had pizza
Cale covered MSCC
bearrally i am only allow fish and veggie
Newbie CAale-were in colorado?? I live in Broomfield?
Scott-ST Moderator: ouch
bearrally i would die for a steak
jvt suppose to eat no meat today
Cale am just south of HR
Newbie Cale*
jvt i'm craving for brazilian buffet
bearrally jvt, i don't get meat period
Scott-ST Moderator: my choice?
Newbie Nice, ever go to Black Hawk?
bearrally wife is not allowing it
jvt no meat? y is that/
Cale havent been there in over 5 years
Cale cant play w/ a max bet of $5
bearrally blood preasure and colesterol
Newbie lol, ok, I work for the Isle of Capri
Scott-ST Moderator: I need my Red Meat
Scott-ST Moderator: beef its whats for dinner
bearrally Scott, that was what i said
bearrally enjoy while you can
jvt dont think i can live w/o mean
bearrally soon 1 day, your wife is going to take all that away from you
Gantra lol
Scott-ST Moderator: I will eat beef until I die so.... enjoy i do :)
Cale mean?
Cale jvt you have to be mean all the time?
Cale huh?
jvt meat
jvt getting sleepy
jvt need my daily dose of red meat
Scott-ST Moderator: lol jvt
Scott-ST Moderator: theres your 25 bear
bearrally Scott, didn't get fill
Scott-ST Moderator: it will come backup just hold your breath for a sec
bearrally i am trying to learn from jy,
bearrally not chasing it
bearrally lol
jvt where's blk been
bearrally haven't seen him in while
jvt since it's slow...any recommendation on video cards
jvt just got a new pc
jvt should i change wide screen to normal?
Cale what kind of monitors do you have jvt?
Cale analog or dig?
Cale and how many do you have?
jvt dig
jvt 2
jvt 20 in wide
Cale make sure you get one w/ atleast 1 gig of mem
Cale both are dig?
jvt yea
bearrally Cale, why so much?
jvt 1 gig mem the pc?
Cale keep the load off the PC
Cale other wise the PC has to be used for major graphics
jvt where did u guys get ur video card
Newbie 1 gig memory card? or PC Cale?
jvt or what kind
Cale it takes memory to spit the screen over multi monitors
bearrally jvt, what do you do with your pc?
Newbie I ment 1 gig video card cale?
jvt old one sucks so had to upgrade
Cale I have it on the Video card because I use my trading system for photo and video development
bearrally Cale isn't that on the memory of your video cards?
Cale and I have 4 monitors
bearrally I have 2 video cards, running 4 monitors
Cale so the more memory on your v-card the better
jvt i can have 3 monitors 2 - 20 in and one 19 but i dont think my wife would get use to using 3 monitors
Newbie wow, ok I'll keep that future..when I upgrade..
Newbie in mind*
Cale if you make your pc's memory do video caching its real slow
jvt http://www.digitaltigers.com/zenview.shtml
jvt i didnt buy it there just thought it was neat..way too overprice i think
Cale and people think they need a new PC when its just the memory that needs to be changed
Cale yep
bearrally if you need the stand, let me know
bearrally a friend of my manufactures the stand for them
jvt actually my PC is old about 15 years and it makes this annoying sound so had to upgrade
Cale I have 4 dual video cards in my system
bearrally jvt, 15 years old?
Newbie I need to make some money doing this before, Invest in something like thos monitors..
bearrally computer?
Cale I would like to get 2 more monitors
Cale lol 15 years thats an old 286 isnt it
Cale lol
jvt yea it's pretty old about time for new one...i have 2 new laptops but dont trade with that
jvt i trade at work
jvt goign to be moving trading to home
Newbie at work the let you do that..
jvt own a lil business complex
Cale wow I want a job like that jvt
jvt but someone wants to rent out my office so got to go home now
bearrally i trade at work too
Cale ah
Newbie yeah...
jorge jvt Can you trade at work ? Havent you missed trades?
bearrally my boss is at home
bearrally lol
jvt never like trading at home b/c i want to leave all my emotions at work before i head home to wife
Cale lol
Cale nice jvt
jvt work for me is managing my own business complex
Cale but if you dont even have any emotion then you would be all set
jvt yea at the moment she doesnt like me betting on nfl
Scott-ST Moderator: online jvt?
jvt now i do...freakin bookie ran on me
Scott-ST Moderator: which one do you use?
Newbie I went 5-0 last week..
Scott-ST Moderator: are they fair?
Scott-ST Moderator: and easy?
jvt i hate bettingexpress
jvt might have to go back to pinnacle or bodog
jvt yea i was 10 for 11
jvt parlay the jacksonville and under
Scott-ST Moderator: lol i was 3 for 10 :(
Newbie you play alot of games..
Scott-ST Moderator: but I have too many emotions when betting the NFL
jvt needed to make up for loss in stocks haha
Newbie I narrow it down to the most probable..in my mind..
Scott-ST Moderator: jvt I think you said that last week didnt you? [img id=em-5]
jvt yea been roughing it in the mkt
jvt making a comeback last 2 days though
jorge has logged out
Scott-ST Moderator: good
Scott-ST Moderator: next week will be intresting with window dressing
Scott-ST Moderator: and as earnings come around
jvt usually i only play maybe 5 but everything last week look good....over unders etc
nin has entered DayTrading Chat
Scott-ST Moderator: wb
nin ty
jvt this week i'm looking at chicago, bengals, falcons, bills, carolina
bearrally I quit betting on football, my oldest son start betting at 16
jvt that's bad
jvt 16
bearrally he lost 3k to some booky
jvt i have to say i waited till 21
bearrally so i quit betting football
bearrally i almost killed him
bearrally lol
jvt yea i'm goign to quit maybe after this month
bearrally but it is really boring watching if you not betting
jvt so if i'm gettting 2 lcd i need a stand cant use the 2 that it comes with
jvt if atlanta falcons get any better i might have to bet and watch the game live
Newbie if you need interest in the NFL but don't want to soend to much on betting play fantasy football
Newbie *spend
Newbie I've won alot playing Fantasy football..
Scott-ST Moderator: I could never get into Fantasy football
Scott-ST Moderator: I am just too busy to keep track of all those players and stats
jvt i'm in fantasy football i hate it
Newbie really..
jvt way too many players
jvt my best player so far is Balitmore raven defense
Newbie LOL..
Newbie yeah, my steal has been A. Bryant..
jvt i have tom brady and shawn alexander
jvt no good
jvt salexander big disappointment
jvt newbie after a few months are u still going to be newbie?
Newbie yes, he is missing his best O Linemen.. and it's showing
Newbie I hope not...
jvt i should fo picked LT first
Newbie This is seriously my first week of trading..
Newbie Is it a PPR league??
jvt ppr?
Newbie Points per receiption?
jvt yea
Newbie Yeah, I love LT in PPR leagues..Most solid RB in the past 4 years..
Newbie pick up his back up..Turner..
jvt yea i picked him up as back up
Newbie he stashed on my roster too..LT will sit for a few games late this year...
2thdr has entered DayTrading Chat
Scott-ST Moderator: wb
Gantra ken, how long have you been using the Type B Gap Play system and have you revised it at all or is it the same since the beginning?
Ken-ST Moderator: last 7 years or so
Ken-ST Moderator: back btw
Ken-ST Moderator: ive made minor adjustments here and there
Scott-ST Moderator: minor?
Scott-ST Moderator: you all what to hear the real story?
Scott-ST Moderator: lol [img id=em-3] j/k
Gantra oh yes
Gantra bah
Newbie do see anything setup any time soon guys?
Scott-ST Moderator: keeping a close eye on KOSP
Scott-ST Moderator: as well as MSCC
nm has entered DayTrading Chat
Ken-ST Moderator: wb nm
allegro_bob were futures any better today Ken?
Ken-ST Moderator: small gains today
nm hi ken
allegro_bob I see russell is down 11
Ken-ST Moderator: Hourly on the verge of a downtrend
Cale has anyone Seen Erin?
Cale doh where is my lust bug?
Cale and I miss JQ
Cale and BLK
Cale and JP how come you have been so quite?
jvt k heading out guys to play tennis....great day....see you guys monday
Scott-ST Moderator: LATER mvt
Scott-ST Moderator: jvt
jvt has left the room
Scott-ST Moderator: have a good weekend
Cale later jvt
JP Nothing going on today. Did I see you say you got snow already?
Newbie later jvt
Cale Yep it was raiing Thur night and then turned to snow for a short bit then back to rain
Cale Newbie did you get some snow Wed night?
Cale I ment Wed night
Cale JP where are you?
Newbie I f we did i didn;t notice.. I was at work..
JP Centennial
Cale Centennial?
jharms has entered DayTrading Chat
Cale CO?
JP Co, south of Aurora.
Cale NO Sh it
Cale we need to hookup
JP Where are you?
Newbie alot of Colorado poeple on here..
Cale just south of Highlands Ranch
JP In the Park Meadows area?
jy has left the room
Cale yep
Cale wow
mohammed_y has logged out
JP Cool.
JP I thought you were up in the mountains somewhere.
Ken-ST Moderator: Geez all the action was in the first session of the day
Ken-ST Moderator: nothing much after that
JP Yeah, its been a boring day. I knew I should have stayed in bed.
Cale lol
Cale juat a good bed day anyway
Gantra it's overcast here in san diego too...very sleepy weather
JP Nothing wrong with starting the weekend early.
Cale who about lunch sometime next week?
conanboxoer Ken.....now bears are on CNBC talking....how does it look next week?
conanboxoer I often think....being bear is much easier...just say negative things...if market goes up...noone will remember.
JP We should sometime Cale, I'm normally not free for lunch though. When we take "lunch" from trading that is when I actually work. LOL.
Ken-ST Moderator: I watch the Hourly charts to determine the overall trend of hte market
Cale nice
JP We else in here is in Colorado?
Cale maybe a beer some evening
bearrally Bears on tv?
Ken-ST Moderator: the Hourly chart is on the verge of a change in trend.....to down
conanboxoer You see more of them on a down day.
Ken-ST Moderator: I will know at the close today
JP Who else....
Newbie I do..
JP You play golf or anything Cale? I like to pretend I do.
conanboxoer they said something about selling on Jewish holiday..
Cale me too JP
Cale only played 3 times this year
Newbie played tyhe ridge @ castle pines on monday..nice course...
JP I've only played once this year, up in Westminster somewhere near my buds place.
Cale lol
Cale bike?
JP Nope but I've been thinking about it lately....give me something else to do.
Cale i have been doing a lot of mnt biking
nin has logged out
Newbie I'm done for the day, thankyou have a good weekend
Ken-ST Moderator: ok Newbie, have a great weekend
Scott-ST Moderator: you too Newbie
Cale newbie have a good one
Cale stay warm
Newbie has left the room
allegro_bob sndk shorts have been a money maker today
Ken-ST Moderator: SlickDeals.net
Cale hush bob
Ken-ST Moderator: Just found out they have a 17" LCD for 100 bucks
Cale I got stopped out last week
Cale and now I am grumpy
Ken-ST Moderator: offered through Office Max
JP As exciting as the market is today, I think I'm going to call it a day and head to the gym. Have a good weekend everyone.
Scott-ST Moderator: you too JP
Cale have a good weekend JP
JP has logged out
Cale call me we will do bears
Cale beers
Ken-ST Moderator: yikes
Ken-ST Moderator: I have never done a bear
Scott-ST Moderator: maybe he is more of a bull kinda guy
Ken-ST Moderator: ah, to each his own
Cale oh yes you have Ken
johnboy later Cale, JQ, Scott, Ken..............all the usual suspects.......have a good weekend.........rub yourself in honey if you're going out hiking Cale
johnboy has left the room
the-Don down dropping
Ken-ST Moderator: lol jb
Ken-ST Moderator: take care
Ken-ST Moderator: yup market in downtrend
conanboxoer Too bad...we don't have Office Max around here....I needed a 17 inch monitor...
alex has logged out
Scott-ST Moderator: just get it online conan
conanboxoer Any good deal for a monitor online?
rdub tigerdirect.com has some pretty good deals
conanboxoer Thanks...
rdub np
bearrally 17" for 100?
bearrally isn't that a little expensive?
bearrally get them sellers in
bearrally ken
Ricky has logged out
Ken-ST Moderator: Hi Bear
Scott-ST Moderator: http://www.crapdice.com/crapgame.html
allegro_bob Don't need to gamble - I play the market!
Scott-ST Moderator: lol
Ken-ST Moderator: haha
Ken-ST Moderator: market stuck in a range
Ken-ST Moderator: any big plans this weekend?
bearrally i'll be on a plane tonight
Ken-ST Moderator: how long of the flight?
Gantra ken, what time frame of bar are you looking at to trigger the long or short Type B trade at market open?
jharms has logged out
Ken-ST Moderator: Usually the 1 min
Ken-ST Moderator: but on fading the trend, I am looking at hte 5 min
bearrally 18 hours
Gantra fading the trend as in fading the gap?
bearrally to hong kong
bearrally and 4 hours going into senzheng
Gantra thats a long flight. going 1st class?
bearrally business
Ken-ST Moderator: yes Gantra
Ken-ST Moderator: yikes that is long
Gantra business class ok. 1st class is awesome on INTL flights
bearrally 1st class is way too expensive
conanboxoer It was hell....going to Bali from NY....27 hours.
Gantra if you are frequent flyer, you can sometimes get upgrades for free
bearrally Gantra, i used it the last time
Gantra that's good. gotta squeeze those airlines
bearrally every other trip i get an upgrade
Gantra ya i think a 1st class seat is like 5k or 10k or something for that kind flight
bearrally staying in hongkong for 2 days
bearrally Gantra 6.5 k
conanboxoer market up....short covering?
bearrally businees is at 2800
Gantra NKE HOD
Ken-ST Moderator: yeah looks like it
conanboxoer 2800???not bad which airline?
Ken-ST Moderator: still below the Hourly MAs however
conanboxoer NY to Tokyo bus. class is like 4200
Gantra getting a late rally here?
Scott-ST Moderator: just want to say have a good weekend for all those taking off for the day
bearrally cathay pacific
Brian has left the room
bearrally i don't fly united, american or delta
bearrally way too much risk
bearrally even to hawaii, i fly cathay
Ken-ST Moderator
Ken-ST Moderator: CANCEL ALL ALERTS
conanboxoer I wonder if Cathay still has the Asian pass deal. I want to take 3 week off and travel all over Asia
Ken-ST Moderator: slow but profitable day
Ken-ST Moderator: any questions?