10/06/06 Chat Session
James-ST Moderator: gm all
jvt: james got in
conanboxer: good morning
nm: [img id=em-8]
alex: good morning all
James-ST Moderator: gm brian, conan, nm, alex, pontiff, 2th
Pontiff: tgm gang
Steve: James - you're back !!!
2thdr: gm
jorge: gm all
James-ST Moderator: hey steve
James-ST Moderator: gm jorge
jorge: James, is it the same server??
jorge: I didnt have problems logging this morning
ms: gm everyone
James-ST Moderator: gm ms
James-ST Moderator: yeah, server looks like it is running smooth today
benbeth: gm
j5: YES!, im in
James-ST Moderator: [img id=em-8]
j5: lol,
j5: thanks for the email james and co. that's good customer relations there guys
j5: may i suggest, you guys could move the chat first and then worry about the rest at your own pace like over a weekend etc
kimmron: GM everybody
James-ST Moderator: ok j5
James-ST Moderator: hey kimmron, jq
James-ST Moderator: gm kelly
James-ST Moderator: gm dp, gantra
Gantra: hi...i got kicked for some reason.
elaine: James - good morning...I am new to this chat roomand I have a question - are you the moderator?
James-ST Moderator: elaine, just a sub this week, the other two moderators are on vacation
James-ST Moderator: hey momo
jharms: They'd have to pay overtime for the weekend. Not going to happen.
Ruben: James, how do you the type B stocks before the market open?
mellowg: morning all...james
momo: gm
kelly: gm james and all
Steve: James, NBIX interesting chart - long possibility for today ?
James-ST Moderator: gm mellow
James-ST Moderator: ruben, find?
James-ST Moderator: steve, not for us, could work out
Ruben: Yes, I found but I thought you need a gap
James-ST Moderator: looks like it could fill that gap steve
Steve: that would be quite the run
James-ST Moderator: ruben, yes, gapping stocks, what stocks are not gapping?
JQ: elaine welcome to room what is your question
Steve: GTRC in p/d range ?
James-ST Moderator: no
elaine: yesterday there was a stock posted for a short PPCO
jy: gm
elaine: it has been around $16.77
elaine: the entry pt. posted was $20.30
James-ST Moderator: ah, Type A elaine, i think it was a canceled trigger
James-ST Moderator: gm jy, qwe
Steve: type, not p/d but in prior month range, i thought you didn't trade those
elaine: that would mean that the stock would have to go up to that pt. and then be shorted????
Steve: typo
conanboxer: BBBY is at the trigger price now
elaine: ok
James-ST Moderator: yeah, hold off BBBY for now
Welcome to SwingTrades.com!
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You can now talk
James-ST Moderator: gm has
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nin gm
James-ST Moderator: gm nin
Ruben Do we wait the open for bbby? Or set the trigger now
JQ elaine if a stock triggers before market open we will hold off entering
Gantra Steve, do you subscribe to Dow Jones news for TradeStation or just use the platform included Comptex News Service?
elaine ok - got it
Pontiff has logged out
jvt turn on ur sound too
Ruben So we wait for the open. Then if it is lower than 40.24 place the order?
Steve just comptex, are you using DJ also ?
elaine So is SBNY and GGB still in play for shorts?
James-ST Moderator: BBBY is open, off is not there
Gantra not yet, it costs $90 or something a month. I"m considering it.
jvt i think each day they have new type a plays
elaine but those 2 stocks weren't hit..are they still in play?
James-ST Moderator: no elaine, just BBBY
elaine ok
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JP James, as the NYSE makes the transition to electronic trading, will that change your perception on playing NYSE stocks?
Steve elaine, look at how low the SBNY volume is, probably don't want to trade it now
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James-ST Moderator: JP, yes
James-ST Moderator: gm ricky, ryan
Ricky GM
jvt chtt is flying
j5 what's goona happend to the specialists then, hehe
Steve sending in their resumes to replace the monkeys
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James-ST Moderator: gm gman
JP Unemployment office
Gantra SBAC as a TYPE-B?
j5 bbby trading at trigger
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j5 cancel bbby?
James-ST Moderator: no
James-ST Moderator: gm 888
JP I show 39.82
mellowg or the specialist will transfer their monopoly to the electronic trading... they still have it
jvt have to see where bbby opens
j5 yes jp, back down, hod is 40.26
j5 i guess hod b4 open (extended)
James-ST Moderator: mONDAY IS A NORMAL TRADING DAY GANG
j5 hah? whats on monday?
James-ST Moderator
jvt who celebrates columbus day
James-ST Moderator: [b]Watching for Type A Buy on[/b] [b]BBBY 40.24[/b]
James-ST Moderator: [b]Watching for Type A Buy on[/b] [b]BBBY 40.24[/b]
James-ST Moderator: [b]Watching for Type A Buy on[/b] [b]BBBY 40.24[/b]
mellowg i thought we were Friday...adjusting my calendar
conanboxer Yeah.....Columbus day was a bank holiday but the market is open
j5 hmm, sounds like a slow day
James-ST Moderator
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GTRC 41.98[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GTRC 41.98[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]GTRC 41.98[/b]
James-ST Moderator: CHTT, hold off HOD trigger, note in January, hit this level and failed
James-ST Moderator: GTRC close
James-ST Moderator
James-ST Moderator
James-ST Moderator
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]GTRC 41.98[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]GTRC 41.98[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]GTRC 41.98[/b]
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Gantra gtrc didn't trigger for my market order.
James-ST Moderator: gm trader
johnboy has entered DayTrading Chat
traderjoe gm all
j5 cool nick
johnboy good morning cats
James-ST Moderator: Market showing a little weakness, trading below yesterday's range, stochastics are down on 5 minute chart
JP TRAK HOD?
James-ST Moderator: Looks good
James-ST Moderator
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TRAC 24.48[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TRAC 24.48[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TRAC 24.48[/b]
Newbie U mean TRAK right..
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TRAK 24.48[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TRAK 24.48[/b]
James-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]TRAK 24.48[/b]
James-ST Moderator: ty newbie
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James-ST Moderator
James-ST Moderator
James-ST Moderator
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]TRAK 24.48[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]TRAK 24.48[/b]
James-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]TRAK 24.48[/b]
j5 man that's crazy trading on trak
j5 must be a drunk trader, lol
jvt mkt going down gtrc one strong stock
jvt did we get stop gtrc?
James-ST Moderator: no, offer has not hit
James-ST Moderator: holding off CHTT HOD has been good.......
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James-ST Moderator: gm davidber
ryan james, how come you decided to hold off on CHTT?
James-ST Moderator: ryan, noted above, that HOD put us at a price level the stock saw in January and it failed......we look at daily chart for possible resistance areas
ryan i see. thx james - missed that
James-ST Moderator: we will wait for a touch of the 5ema on the 5 minute chart for CHTT, a few bars of pullback, and then issue a short trigger......
Gantra ININ HOD?
Newbie TRAK breaking down..
James-ST Moderator: gantra, been looking at ININ, 14 area looks like congestion........it is getting overbought on 5 minute as well......it could work out, but to play it conservative we will hold off on ININ HOD trigger
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James-ST Moderator
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]TRAK [/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]TRAK [/b]
James-ST Moderator: [b]STOPPED Consider exit in[/b] [b]TRAK [/b]
James-ST Moderator
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CHTT 40.09[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CHTT 40.09[/b]
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CHTT 40.09[/b]
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allegro_bob gota love sndk
James-ST Moderator: Profit again on it allegro?
allegro_bob yup - just leave a chart up with SNDK
James-ST Moderator: awesome, good trading stock this week, lot of action,
James-ST Moderator: Market LOD
James-ST Moderator
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GTRC 42.26[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GTRC 42.26[/b]
James-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]GTRC 42.26[/b]
James-ST Moderator
James-ST Moderator
James-ST Moderator
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]GTRC[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]GTRC[/b]
James-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]GTRC[/b]
conanboxer Good Job
jy GTRC TY
JQ $$$$$$$$$$$
rwalsh nice one james....scarey a few times, but a good pick
James-ST Moderator: CHTT CLOSE
James-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]CHTT 40.09[/b]
momo 1% MRVL:)
Steve James, you seeing something I'm not, CHTT at 40.48 correct ?
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James-ST Moderator: currently? 40.35
Steve agreed - thx
James-ST Moderator: just spiked up.......
James-ST Moderator: IF, it triggers......nice gap below to fill
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James-ST Moderator: Holding off ININ HOD has been healthy so far as well.......
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James-ST Moderator: 15 hours to assemble a car? wow
mellowg i take longer than that even with a plastic model car
Steve Henry Ford would be amazed
James-ST Moderator: yeah, amazing
mellowg just the paint takes that long...grin
Gantra James, what do you mean by HOD has been healthy?
j5 chtt close
JQ mellow how long does it take to paint your nails lol
mellowg it is all in the details...those little stars are hard to do.... with smiling faces in the middle of 'em
JQ lmao
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James-ST Moderator: gantra, CHTT and ININ would have triggered at HOD, but i noted to hold off due to noted resistance levels, by saying "healthy" i am referring to holding off on a trigger that would have yielded nothing
JQ wb
rdub gm all
James-ST Moderator: gm rdub
rdub hey JQ
rdub James
JQ sleeping in rdub
j5 yeah, the server excuse won't work today, lol
rdub i wish ... no, major pc issues
j5 j/k
jg has logged out
JQ sorry to hear rdub
JP SBAC hod?
rdub thanks JQ
Steve To help everyone out, I had James transfer all the server problems to me AHHHH
Steve My system went down mid trades this morning - fortunately I got it rebooted and didn't miss any trades
JQ everything ok now
James-ST Moderator: JP nice
mellowg lucky steve
Steve I hope, but hesitate to say
James-ST Moderator: JP, 6/30 candle on daily.....could be a little resistance
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JQ james did you see ken this week??
James-ST Moderator: no he called, but i didnt return his call
jharms 1% in ININ, barely
JQ lol
James-ST Moderator: nice jharms
James-ST Moderator: Yell out any stocks of note or personal trades gang
johnboy is the market open on Monday?
James-ST Moderator: yep
James-ST Moderator: Normal Market Day
James-ST Moderator: Despite our discovery
johnboy but it will be S-L-O-W?
jharms yeah, but I sold gtrc when the ask was .51, at least I'm even now
j5 discovery? what america? lol
johnboy discovery or invasion?
James-ST Moderator: yep, lol
James-ST Moderator: lol
j5 lol
James-ST Moderator: jb, i am still voting this year for Republicans who support the invasion of Canada
James-ST Moderator: it is time we take those north american leaches and make them pay hefty taxes too
j5 canadian bacon?
DavidBer We can send 10 National Guard with Donuts to do it James
James-ST Moderator: [img id=em-5]
James-ST Moderator: lol true david
johnboy ok, but we'll just send Bush a map with Canada on a post-it note over Mexicos and Bush will invade South
James-ST Moderator: I am sure jb is well armed though in his log cabin
johnboy Canadians have WAY more guns than Americans
mellowg don't worry Bush does not know where north it... canada is safe
johnboy but we don't use them on people
johnboy yet
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DavidBer Just point out that there is oil in Canada and he will invade
JQ lol
James-ST Moderator: heheh, true jb, saw that stat......Canada has way more guns, way less murder by guns.......
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Gantra jb, you have a link to that statistic?
johnboy you can have our oil, but we will hold the U.S ransom with our water
James-ST Moderator: Australia banned guns a couple years ago to lower murder rate......and what has happened? Murder rate has rocketed
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Gantra how are the murders performed?
James-ST Moderator: Australia is a good case study......no guns, criminals are less afraid......
JP Trained Dingos.
johnboy beer overdose
James-ST Moderator: lol
Ruben James, how much money do you think is a maximum por a trade?
DavidBer Bad example - australia was a prisoner colony to start with
James-ST Moderator: ruben really depends, on a highly liquid gapping stock.....like we use to do GOOG all the time........you could do 10 million dollar trades and have no effect
Ruben Ok. Let say as a percentage of the volume
James-ST Moderator: Most gapping stocks we play trade in the million of shares by the end of the day........i dont think we could have any effect on the stock
Ruben Of the diary volume
johnboy Gantra: the U.S. rate of gun homicide was nearly eight times Canada's
johnboy http://www.cbc.ca/canada/story/2005/06/28/gun-deaths050628.html
James-ST Moderator: [img id=em-5]
James-ST Moderator: see, that supports Canadians are boring
johnboy no, we have better weed
Gantra Canadian gun-control laws have been stiffened in recent decades and gun registration has been made compulsory
James-ST Moderator: who the heck wants to go to a country where you dont fear for your life? what excitement is that?
DavidBer I do that everyday in the market james!
johnboy Canada is like the set of the A-Team
James-ST Moderator: lmao
Gantra makes sense why there is less violence. at least criminals can't go into Walmart and buy a gun!
johnboy lots of gunplay, but no one ever gets shot
Ruben James, do you suggest stop market or stop limit?
JP ACOR HOD?
Ruben And if stop limit what difference between activation price and limit price?
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James-ST Moderator: i would say limit, but ideally, you should just wait for trigger or alert to go off and exit your self
James-ST Moderator: Jp, wow ACOR unstoppable........jy, didnt you get 7% off of that yesterday?
James-ST Moderator: we wont chase it........
James-ST Moderator: and it didnt really gap
James-ST Moderator: careful on that gang.......easy to jump in.....or short......totally irrational.......
johnboy ACOR is super sexy short squeeze, imho
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Steve the other day, someone mention Jim Cramer's website, something like MadMoneyRecap.com, but I can't find it - any feedback ?
James-ST Moderator: yeah definitely, but to jump from 2.50 to 14 bucks in the last 2 weeks.......there has to be a lot of accumulation too i would guess
conanboxer You can see the recap on thestreet.com.
DavidBer hehe - no shortables on acor at fidelity. SCARY stock
j5 hey james, what's your take on the performance these last few weeks, what do you make of it?
Steve conan, is it a free or subscription
James-ST Moderator: j5, no clue, since i can only attest to this week......
JQ hey jb doesnt james know that J C Pennys catalog want stop a 50 cal. bullet!!!
j5 hehe, blame it on the new guy, right, lol
James-ST Moderator: but from what i have seen this week.....this market is tired......breaking out yes.....but, we arent seeing very many high flyers like in year's past
James-ST Moderator: before......we would have about 7 gapping tech stocks today, imo.....
DavidBer So is Ken and Scott coming back next week?
James-ST Moderator: in theory
James-ST Moderator: but maybe they like it up there in Montana
James-ST Moderator: or is it Idaho?
DavidBer Yeah, thought I heard scott squeal
Steve James, getting back to GTRC, it was in prior months range, but not a problem to trade since it wasn't at prior supp/resist levels (like 9/5 low) - is that correct?
James-ST Moderator: correct
j5 lol cool james, thanks
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Steve cool -thx for clarification
James-ST Moderator: also, "range" also refers to a trading range......where you see a stock going back between a high and a low.......
James-ST Moderator: you are thinking of range as in,.......the stock was trading there before......
James-ST Moderator: a range is ........let me find a stock in a range:
James-ST Moderator: ah easy one:
James-ST Moderator: GOOG
James-ST Moderator: From Januarty to now
James-ST Moderator: you can say the range is 350-450
James-ST Moderator: and more or less narrow it down even further recently
Steve gotcha, and the more recent or the more consistent, the more significant
conanboxer GOOG buying youtube????
James-ST Moderator: whereas GTRC was in a downtrend until August and appears in an uptrned
James-ST Moderator: really conan?
Steve that's one way for youtube to make money !
James-ST Moderator: steve, definitely
Gantra took 1% in ACOR. shoulda let it run though
James-ST Moderator: makes sense for GOOG, isnt Yahoo trying to push its videos? i notice on their home page they alway highlight someones video
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conanboxer Just rumor....it was said on CNBC. But it is not moving the stock ....so I guess the rumor is not really a convincing one.
Steve mkt running
James-ST Moderator: Market spiking back up, stochastics are up, testing 50 ema on 5 minute chart
James-ST Moderator: That CNBC called it so far......market will head down, and go right back up heading into weekend
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gman whats up with ACOR...skyrocketing !!
gman i should have gone in with this stock
DavidBer 10 days ago it was 2.22
Gantra lol
JP Me too. Talked myself out of entry at 14.60 because spread was .09.
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johnboy ACOR is now a super sexier short squeeze
Steve + trials on MS drug i think
DavidBer Sorry - 8x return in 10 days is obscene and scares the crap out of me. If the wind comes in from the north it could drop down back to 3
James-ST Moderator: best way to avoid temptation is take it off watch list
johnboy ...years away from revenue........probably speculation a big pharma will buy 'em out
gman ageed david but it just kills me that im not in it....
James-ST Moderator: ACOR is begging for people to get slaughtered
DavidBer It is on the entertainment list for me
DavidBer Sucks I can't short or buy puts on it
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James-ST Moderator
James-ST Moderator: [b]CANCEL FURTHER TRIGGERS, TURN / LUNCH PERIOD[/b]
JP Looks like some people just got slaughtered.
James-ST Moderator: Questions or comments gang?
Steve Given the volatility of the stock, ACOR puts/calls would be very expensive
JP Down $1 in 1 minute.....hate to be that last buyer.
James-ST Moderator: 17 to 15.50 in one second
James-ST Moderator: geezus
James-ST Moderator: [img id=em-5]
James-ST Moderator: If you have any questions, please refer them to here:
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James-ST Moderator: http://www.20q.net/
DavidBer Could you imagine the thrashing we would give you about not being able to get fills :)
DavidBer Market open on Monday?
elaine yes
James-ST Moderator: Any questions or comments?
James-ST Moderator: Use the lunch period to take a break gang
James-ST Moderator: Trading is hard by nature, if you dont take a break, you will over trade..........
James-ST Moderator: What did the test doctors give the toy "TICKLE-ME-ELMO" before shipping him out to stores?
johnboy ?!?
James-ST Moderator: Two TES'Tickles
James-ST Moderator: [img id=em-6]
johnboy nice
JP *rimshot*
James-ST Moderator: terrible
Newbie wow, that was bad..
johnboy boy, I don't think I can remember one clean joke....
Newbie Holly, ACOR!!!!!
Newbie anybody in acor?
James-ST Moderator: heh, stop looking at it newbie
James-ST Moderator: The Iranian Ambassador to the UN had just finished giving a speech, and walked out into the lobby where he met President Bush. They shook hands, and as they walked the Iranian said, "You know, I have just one questionabout what I have seen in America".
President Bush said, "Well, anything I can do to help you, I will." The Iranian whispered, "My son watches this show 'Star Trek' and in it there is Chekhov who is Russian, Scotty who is Scottish, and Sulu
who is Chinese, but no Arabs. My son is very upset and doesn't understand why there aren't any Iranians on Star Trek."
James-ST Moderator: President Bush laughed, leaned toward the Iranian ambassador, and whispered back, "It's because it takes place in the future."
James-ST Moderator: [img id=em-5]
johnboy ouch
JP lol
James-ST Moderator: btw, i voted for Bush.....and as a card carrying Republican.....[img id=em-11]
Newbie lol
johnboy btw, James also has a card in his wallet, with "I am Sane" written in crayon on it
James-ST Moderator: hahahahha
James-ST Moderator: don't forget my "huked on fonix" card too
conanboxer Bush is going to speak on economy soon...
James-ST Moderator: [img id=em-6]
mellowg A couple made a deal that whoever died first would come back and inform the other of the afterlife. Their biggest fear was that there was no afterlife.
After a long life, the husband was the first to go, and true to his word he made contact, "Mary Mary. ."
"Is that you, Fred?"
"Yes, I've come back like we agreed."
"What's it like?"
Well, I get up in the morning, I have sex. I have breakfast, off to the golf course, I have sex. I bathe in the sun, and then I have sex twice. I have lunch, another romp around the golf course, then sex pretty much all afternoon. After supper, golf course again. Then have sex until late at night. The next day it starts again."
"Oh, Fred you surely must be in heaven."
A couple made a deal that whoever died first would come back and inform the other of the afterlife. Their biggest fear was that there was no afterlife.
James-ST Moderator: .........
johnboy what a tease....
mellowg sorry last 2 lisnes a double copied
mellowg "Not exactly, I'm a rabbit on a golf course in Arizona."!
JQ lmao
johnboy hee hee
James-ST Moderator: hahahahha
mellowg trying to keep em clean
johnboy A man in his 40's bought a new BMW and was out on the interstate for a nice evening drive. The top was down, the breeze was blowing through what was left of his hair, and he decided to open her up. As the needle jumped up to 80 mph, he suddenly saw flashing red and blue lights behind him. "There's no way they can catch a BMW," he thought to himself and opened her up further. The needle hit 90, 100.... then the reality of the situation hit him. "What the heck am I doing?" he thought and pulled over.
The cop came up to him, took his license without a word, and examined it and the car. "It's been a long day, this is the end of my shift, and it's Friday the 13th. I don't feel like more paperwork, so if you can give me an excuse for your driving that I haven't heard before, you can go." The guy thinks for a second and says, "Last week my wife ran off with a cop. I was afraid you were trying to give her back." "Have a nice weekend," said the officer.
mellowg lmao
Newbie good one mellow..
mellowg ty
James-ST Moderator: heheheh
Newbie hehehehe
conanboxer I thought we would see a huge pull back this morning with the job # and profit taking.
mellowg has logged out
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James-ST Moderator: yeah......
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James-ST Moderator: agree conan......feels like this market just wants higher
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mellowg One thing led to another and they decided to do an experiment They would all go out into the woods, find a bear, preach to it, and attempt to convert it.
Seven days later, they're all together to discuss the experience.
mellowg Father Flannery, who has his arm in a sling, is on crutches, and has various bandages, goes first.
"Well," he says, "I went into the woods to find me a bear. And when I found him I began to read to him from the Catechism. Well, that bear wanted nothing to do with me and began to slap me around. So I quickly grabbed my holy water, sprinkled him and, Holy Mary Mother of God, he became as gentle a lamb. The bishop is coming out next week to give him first communion and confirmation."
mellowg Reverend Billy Bob spoke next. He was in a wheelchair, with an arm and both legs in casts, and an IV drip. In his best fire and brimstone oratory he claimed, " WELL brothers, you KNOW that we don't sprinkle! I went out and I FOUND me a bear. And then I began to read to my bear from God's HOLY WORD! But that bear wanted nothing to do with me. So I took HOLD of him and we began to wrestle. We wrestled down one hill, UP another and DOWN another until we came to a creek. So I quick DUNKED him and BAPTIZED his hairy soul. And just like you said, he became as gentle as a lamb. We spent the rest of the day praising Jesus."
mellowg They both looked down at the rabbi, who was lying in a hospital bed. He was in a body cast and traction with IV's and monitors running in and out of him. He was in bad shape
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mellowg The rabbi looks up and says, "Looking back on it, circumcision may not have been the best way to start."
johnboy lmao
johnboy that's pretty good mellow
James-ST Moderator: hhhahahahahhahahah
James-ST Moderator: hahahahha
James-ST Moderator: [img id=em-0]
James-ST Moderator: best one i heard in a wwhile
mellowg ty
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James-ST Moderator: Our peaceful, alternative energy loving president is speaking
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conanboxer Pharma stocks are falling antiipating DEMs taking over the house.
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Steve James, when you are looking at prior ranges, do you care if the range is in the candle's body vs. the wick (for stocks that have a big spike during a prior day) ?
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James-ST Moderator: the wick counts steve, oftentimes the wick shows where a stock went and failed..........
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Steve makes sense
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mellowg steve.... thank you for NBIX
Steve you're welcome, but what did I do ?
mellowg you were talking with james about it earlier..and i took a look
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Steve oh, looked at chart, now I remember (not 20 anymore - memory failing)
mellowg lol
Steve were you long at 12.09 HOD
mellowg long 11.98
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Steve GJ
mellowg tx
mellowg except for momentum NBIX and ACOR are pretty well in sync
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Gantra Elaine, how is it going?
elaine good
elaine how 'bout w/ you?
Gantra what platform are you using? I'm down about .22% right now.
elaine cybertrrader
Gantra do you like it?
elaine are they gonna post any more stocks today?
elaine yeah - cybertrader is good. $.006/trade in and out
mellowg later after people come back from lunch period
elaine they waive a $249 fee as long as you trade 40,000 shares a mth.
Gantra there may be some type Cs after lunch. or someone might have a good BO after lunch ....often there aren't any trades though...especially this week.
Steve elaine, maybe but it depends on the market, given how slow things are today, my bet is maybe 1 or 2 but probably not
elaine I mostly do scalps
mellowg ohhhh.... elaine...the nerves of steellll
elaine what do u guys normally trade - swings??
elaine yeah right - - that's a joke!
Steve daytrade
mellowg grin
mellowg dt
elaine I'd like to - but my nerves can't handle that.
elaine as soon as I see negativity - I'm out
elaine if I stayed in longer of course I'd make more...but still so new - can't handle that yet
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Gantra Elaine, tradestation is similar. .006 above 500 shares and starting November no platform fee above 5000 shares per month.
mellowg take the time to learn the lessons...
Steve elaine, what's your definition of scalp?
elaine I have been - trust me.......
elaine breakouts
elaine up or down
mellowg tried that ...got creamed
elaine I look for stocks basing - then set alerts...it seems to be working...at least for the moment....
Steve how do you set targets/stop - % or $ amt? Looking for a few pennies ,or more ?
mellowg i ain't got it for that
elaine mental - I don't use stops
elaine I sit at the computer all day - and watch..I'm only in a stock maybe 15 min.....
Steve mental - wow that is nerves of steel and discipline
mellowg you will find that sometimes here it is minutes
Steve or seconds !
elaine oh I know....ugh!
mellowg and if you fall asleep on the clutch..it hurts
elaine it's crazy sometimes...but again I am new - would love to be able to hold on to them longer --just not ready
mellowg i have been holding one stock today since 09:41 and it is killing me... thru lack of patience
mellowg not money wise
elaine yeah - I know that feeling..is it up or down - or indifferent??
mellowg where are you located
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elaine NC
elaine and you?
mellowg PAcific coast Costa Rica
elaine oh - how nice!!!!
mellowg people from all over down here
mellowg on this site
elaine have u lived there all your life
mellowg nope 18 years
elaine how long have u been trading
mellowg 1984
elaine wow - you really know what U are doing!!!!!!!!!!!
Gantra Mellow s always showing off with his exotic locale! How can the rest of us compete?
elaine heeHEE!~
mellowg nope just go up and down...girlfriend against trading...bad for my heart...grin
mellowg Gant there is Ken from Hawai
elaine oh my alert went off - gotta run
mellowg not chicken **** either
Steve mellow, remind her of that the next time she yells at you - it's bad for my heart honey
Gantra oh...that is nice too
mellowg she don';t care steve... says the ex=wife put me there...and she will follow thru
Gantra lol
mellowg with her work
Steve no rest for the weary
mellowg i bet ya she looking for the life insurance...hehehe
Steve if push comes to shove, it only takes one diving accident and problem is solved (oops, I didn't just say that)
mellowg yup you did...hummmmmmm....grin
conanboxer I wonder what Cramer would say about GM today. I heard "Jerry York" everyday on his show.
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j5 hey guys,
James-ST Moderator: hye j5
James-ST Moderator: hey
j5 has anyone heard of Ralph Vince's The Mathematics of moeny management?
James-ST Moderator: ok gang, questions or comments?
James-ST Moderator: no, not I
James-ST Moderator: It's been a fun week for me, but alas.......Ken and Scott will be in Monday.....
j5 hmm, ok, does anyone recomend a book on money management in particular relationg to traders?
j5 yeah james nice having you back for a while
johnboy yep, good to see you again James
James-ST Moderator: ty guys
johnboy will you see Ken and Scott on your way back to brokeback, or do they keep you segragated?
Gantra thanks, james, for everything!
James-ST Moderator: anyways......no triggers on the gappers......all far away anywa..........
James-ST Moderator: hahahhaha
James-ST Moderator: i keep them segregated.......
conanboxer Now Cramer is negative on GM...but he is saying he started pushing it since the stock was 18. Well...that is what I hate about Cramer.
johnboy lol
Gantra conan, total revisionist history?
James-ST Moderator: Cramer.......[img id=em-9]
Steve I heard that Ken/Scott are considering relocating the business to brokeback, that way every day is a holiday...of course, it will make it more difficult to keep emotions out of the trading
conanboxer He changes his opinion 180 degrees....but his excuse is ..... I recommended this stock when it was 10 lower.
Gantra 1% on NBIX
Steve gj
Gantra ya...i've heard him say that his recommendations are meant to apply out sometimes for more than a year and you can't judge his picks after only a few days, weeks or months LOL
conanboxer He says 6 to 18 months
conanboxer I wonder what he did with MRVL which he bought for his charity portfolio.
JP Was he buying before the big drop?
kelly yes jp around 19
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conanboxer yes....he said he added MRVL to his portfolio a few days before the drop
conanboxer And he talks about Semi sector......but he has not said anything about MRVL....
kelly yeah real jerk
kelly MRVL aint going anywhere till sony release playstation 3
conanboxer I agree.
conanboxer Right before MRVL dropped, he was pushing BRCM, too.
kelly yeah that too
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Ruben whispers to you hey, do you think guys CHTT will reach yet 40.09?
JP GTRC HOD?
jorge J5 Ralph Vince's book is the best on the subject. Heavy on math and Kellys formula
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j5 hey thanks jorge,
j5 they didn't have it a b&n, good thing cause I can get it lik 40%off at amazon
j5 but i did get state of denial, looks interesting
j5 ok james, come say hi once in a while, take care, catch you later
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JP GTRC HOD is close
Gantra JP, i'm watching GTRC
Gantra CHTT had a good BO thru HOD too
Steve j5, for good pricing on trading books, you might want to check out TradersLibary.com
Gantra ops...guess CHTT isn't quite there yet...
Gantra ACOR has been deflating since the HOD
mellowg ok naked at last.... cyall tomorrow...good end of trading
Steve Gantra, you going long on CHTT?
Steve James, you out there? What about CHTT at HOD
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Gantra Steve, probably..i got my order in
Steve what's your opinion on sideways mkt, you anticipating upward direction to push CHTT thru HOD?
Steve very overbought
Gantra hmmm...let me think of something that makes me sound intelligent....Well we got the Stochastics which are pointing in 3 directions at once and this tells me that it's a go. :)
jy james, are you still her ?
jy is the market open next monday ? does nayon eknow ?
Steve you need to get in touch w/ CNBC - they need some new talent !!
jy sorry about the typo
JP Yes it is
jy JP, the market is open monday.
jy ty
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johnboy have a good weekend everybody, don't be a stranger James...............stay hydrated
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Gantra steve, i took .5% on CHTT. Didn't have alot of confidence in it.
Gantra what with the stochastic point in 3 different directions!
Steve no guts no glory, but gj anyhow
Steve don't you hate that, it just took off
Gantra ya i've been thinking about how to try and capture some of those runners using the 5 ema
conanboxer Market is moving up again
Steve I'm considering starting to sell 1/2 shares at 1%, move stop to entry and target 2% for other half
Gantra that's a thought. I personally like the idea of taking 1/2 and then moving stop right under the 5 ema and move itup after each candle closes...until the first candle to close below the 5 ema...then sell.
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Steve i'd be concerned with whipsaw if moving the stop too tight after the initial 1%, look at how often we see the stocks jump back after hitting that 1% target - what do you think
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Gantra i agree. probably first thing to do is move stop to entry and then wait for signs of continuing trend...then start to move the stop up more aggressively behind the 5 ema
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Steve yeah, I prefer using trailing stops w/ combination of targets to take profit when possible
Steve heading out for a few - got to get kids at school
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James-ST Moderator: Any final questions or comments gang?
James-ST Moderator: If not, have a great weekend. |
