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Good Morning Everyone
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Thr October 19th 2006
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It's a dangerous business going out your front door.
- J.R.R. Tolkien,
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j5: yeah scott, that's a good one for traders over the interenet
Scott-ST Moderator: HANS is right in Trading Range
Bry: gm all
Scott-ST Moderator: lol like that j5
j5: yeah, i got to tell that to my wife, lol
Scott-ST Moderator: OXPS is at the top of the p/d Range
rdub: gm
Ken-ST Moderator:
***********Market Assessment**********
Daily Chart: Above the 5 day EMA, Stochastics in uptrend
Hourly Chart: Uptrend with 20 EMA above the 50 EMA
5 min Chart: Uptrend with 20 EMA above the 50 EMA
Overall bias to the market is still to the upside. We do note some caution with the market surging to new highs
followed by an immediate pullback. Futures currently showing down open of 2 points.
Ken-ST Moderator: gm jp201, Bry, rdub, newbie, jy, kccoksley, Ricky, dp
benbeth: gm
Ricky: GM
JQ: gm gang
Ken-ST Moderator: gm driver, benbeth, JQ
j5: good trades
Ken-ST Moderator: Lets get it on gang. On like Donkey Kong.
j5: hehehe
Scott-ST Moderator: ***** Opening Bell - Good Trades Everyone ***
Ruben: good trades
Ken-ST Moderator: Good trading gang
Davidber: Ken look at ibm now - nice to have hold over night :)
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on AAPL 79.54
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on AAPL 79.54
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on AAPL 79.54
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on AAPL 79.54
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on REGN 19.59
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on REGN 19.59
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on REGN 19.59
Ken-ST Moderator:
Watching for Type B Short at new low of the day on IFIN 36.99
Ken-ST Moderator:
Watching for Type B Short at new low of the day on IFIN 36.99
Ken-ST Moderator:
Watching for Type B Short at new low of the day on IFIN 36.99
Ken-ST Moderator:
Watching for Type B Short at new low of the day on CTXS 27.96
Ken-ST Moderator:
Watching for Type B Short at new low of the day on CTXS 27.96
Ken-ST Moderator:
Watching for Type B Short at new low of the day on CTXS 27.96
Davidber: Look at that volume on SGMS - GO GO GO
Ken-ST Moderator:
Watching for Type B Short at new low of the day on ATYT 20.58
Ken-ST Moderator:
Watching for Type B Short at new low of the day on ATYT 20.58
Ken-ST Moderator:
Watching for Type B Short at new low of the day on ATYT 20.58
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short CTXS 27.96
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short CTXS 27.96
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short CTXS 27.96
Elaine: CTXS entry was I thought $29.96 - u went in at $29.96??
Elaine: 27.96
Elaine: oops
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on OXPS 30.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on OXPS 30.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on OXPS 30.01
Ken-ST Moderator: SGMS is close
Davidber: Yeah 9500 shares on SGMS
Elaine: are you long or short
Elaine: I don't understand that call
Ken-ST Moderator: which call?
Elaine: SGMS
Ken-ST Moderator: its a short if it gets down to 29.96
Elaine: it was down way past that - then went UP to 29.96
Steve: Ken, you thinking vol will jump if it hits trigger ? Vol very low now
Elaine: are u shorting it or is it a long?
Elaine: u there?
Ken-ST Moderator: it has a avg volume of 900k
Scott-ST Moderator: It is a Short
Scott-ST Moderator: when was it below 29.96?
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short ATYT 20.58
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short ATYT 20.58
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short ATYT 20.58
limey: ATYT no shorts
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CTXS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CTXS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CTXS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CTXS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CTXS
allegro_bob: atyt no shortable
Elaine: look at your posting on SGMS - - IT IS WRONG...!
Elaine: ENTRY POINT POSTED WAS $29.95??????
Elaine: I mean $29.96
Elaine: geez - what is up w/ that?
Ken-ST Moderator: Elaine, whats up with you
Scott-ST Moderator: it should be 29.96 as a short
Elaine: do u see the posting?
Welcome to SwingTrades.com!
Cale has entered DayTrading Chat
Room is moderated
You can now talk
Elaine look at your ent. below and on top
Elaine one says 27.96 and the other 29.96
Elaine somewhere u guys goofed
allegro_bob 1% ebay
Elaine oh well
Ken-ST Moderator: Elaine, whats your deal?
Gantra good job, bob.
Ken-ST Moderator: you are gonig off on us, but we have no clue what you are talking about
j5 its' gotta be 27.96, the other one was probably a typo, jmho
Scott-ST Moderator: where are you looking Elaine? I am not seeing 27
rwalsh elaine, your eyes are playing tricks on you.....SGMS is 29.96 and CTXS is 27.96
prime707 IS CXTS A PLAY IF IT BOUNCE BACK TO RE SHORT
Ken-ST Moderator: it would need consolidation
Ken-ST Moderator: you dont want to do it now. its already hit a good wrong
Elaine omg - u are right....so sorry
Scott-ST Moderator: [img id=em-0]
prime707 i f up to i shoetes sgms
Elaine SORRY
j5 ken, what do you mean hit a good wrong?
Scott-ST Moderator: its all good
Gantra Elaine, best to hold off on such discussions till after the morning rush.
Ken-ST Moderator: sorry, a good run
Ken-ST Moderator: lol
j5 oh lol
Scott-ST Moderator: lol wrong = run??
rwalsh go easy on these guys, they are working for you and rarely make mistakes; even when they do, you
should come out way ahead of your $199/ mo
Scott-ST Moderator: uh-oh Ken needs his coffee this am
Ken-ST Moderator: must have been a freudain slip with elaine posting
Ken-ST Moderator: tx rwalsh
j5 hehehe
Gantra time for the Copy Cat to make everything right!
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 79.54
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 79.54
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 79.54
prime707 can u help me on my out on sgms
JP You get in early?
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Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on LOGI 24.91
Ken-ST Moderator: Watching for Type B Buy at new high of the day on LOGI 24.91
Ken-ST Moderator: Watching for Type B Buy at new high of the day on LOGI 24.91
Ken-ST Moderator: gantra, lets name her Fluffy.
JQ dont make Ken open a can of whipass he will hurt his back lol
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on AVCT 32.76
Ken-ST Moderator: Watching for Type B Short at new low of the day on AVCT 32.76
Ken-ST Moderator: Watching for Type B Short at new low of the day on AVCT 32.76
Ken-ST Moderator: LOL
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on AAPL 78.64
Ken-ST Moderator: UPDATE: Moving stop on AAPL 78.64
Ken-ST Moderator: UPDATE: Moving stop on AAPL 78.64
Steve my fingers are getting tired - trading w/ a free workout ! Thanks Ken/Scott
Ken-ST Moderator
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Ken-ST Moderator: Watching for Type B Short at new low of the day on REGN 18.78
Ken-ST Moderator: Watching for Type B Short at new low of the day on REGN 18.78
Ken-ST Moderator: Watching for Type B Short at new low of the day on REGN 18.78
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on LOGI 24.39
Ken-ST Moderator: Watching for Type B Short at new low of the day on LOGI 24.39
Ken-ST Moderator: Watching for Type B Short at new low of the day on LOGI 24.39
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Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on IFIN 38.86
Ken-ST Moderator: Watching for Type B Buy at new high of the day on IFIN 38.86
Ken-ST Moderator: Watching for Type B Buy at new high of the day on IFIN 38.86
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on LEND 30.61
Ken-ST Moderator: Watching for Type B Buy at new high of the day on LEND 30.61
Ken-ST Moderator: Watching for Type B Buy at new high of the day on LEND 30.61
Cale lol It moves it Triggers
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop to entry ATYT
Ken-ST Moderator: UPDATE: Moving stop to entry ATYT
Ken-ST Moderator: UPDATE: Moving stop to entry ATYT
Cale all are covered
Steve Cale, what are you talking about?
Ken-ST Moderator: we have set all of our traps
Cale look at the tabel on the left, short long if the stock moves it will triger
j5 out ctxs .55
Steve gj j5
Cale lol
j5 tx, nerves of steel,
j5 lmao
Ken-ST Moderator: gj j5
j5 tx
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ATYT
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ATYT
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ATYT
j5 nice guys
Gantra fiddle. i was going to let atyt run but it would have none of that.
allegro_bob ebay has been bery bery good to me
j5 yeah, this day is not turning as i would have thought, so i think is ok gantra
Cale SNDK baby
j5 it also moved very quickly there
Gantra Steve, is you chart very flattened for WCC? Anyway to fix that. It had a delayed opening and my charts
are vertically compressed.
JQ KEN/SCOTT dont stop now lol
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on AAPL 78.99
Ken-ST Moderator: UPDATE: Moving stop on AAPL 78.99
Ken-ST Moderator: UPDATE: Moving stop on AAPL 78.99
Steve Gantra, try format symbol/scaling - turn off expand range to include analysis tech
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Scott-ST Moderator: DOW just hit 12K again
JQ ty
Steve and get prior day prices off of chart - does that help?
j5 wow, i never thought i would live to see that, lol
Gantra i'm looking at my 1 and 5 minute charts. Do you see what i'm talking about?
Steve np w/ mine p/d prices around 68.50, today at 65.10 - right?
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Gantra ok, i changed my scale range to percent below / above last and that helped. Thanks.
Ken-ST Moderator: gm Spemin
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Cale RUN SNDK RUN
Cale not going to be greedy, going to take my 1%
Gantra steve, i changed back tothe original setting and it looked fine too. So there was a little big in the chart
because of the delayed opening. Simply changing the chart fix it.
Scott-ST Moderator: good call Cale
Gantra bug
j5 hehe greed
JP LOGI close
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy LOGI 24.91
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy LOGI 24.91
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy LOGI 24.91
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Ken-ST Moderator: GM JOYG
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop to entry AAPL
Ken-ST Moderator: UPDATE: Moving stop to entry AAPL
Ken-ST Moderator: UPDATE: Moving stop to entry AAPL
Ken-ST Moderator: Gang we are playing it tight on AAPL
Ken-ST Moderator: stock has hit nearly .5% to target
Ken-ST Moderator: and 5 ema is pulling up near entry
j5 ken, what do you mean by that?
Ken-ST Moderator: keep eyes on market
j5 ok, out aapll
prime707 HOW ARTE THE SNP
joyg gm ken
Scott-ST Moderator: good job j5
conanboxer Anyone playing GOOG today?
Ricky Good day Ken and Scott. Need to go finish my deck. Write you tomorrow.
Ken-ST Moderator: not saying to exit, but saying to keep stop tight. At this point set stop to entry and risk
nothing. Scaling profits in moves in your favor not at all a bad idea as well
Cale was watching that one boxer
j5 ken how do you use the 0.5% move?
Ken-ST Moderator: market is near the top end of yesterdays intraday reange
JQ ty
Ken-ST Moderator: halfway to target is a good move. However you cant do that with all stocks. It depends on
the stocks volatility as well
conanboxer I regret that I sold 1/3 of position on AAPL yesterday before the earing....so I am going to make up
with GOOG
Ken-ST Moderator: AAPL not too volatile with its large liquidity
Ken-ST Moderator: dont chase on anything boxer.
Ken-ST Moderator: Trade in the moment
j5 conanboxer, selling some before earnings is not a bad idea, in general
Ken-ST Moderator: you are putting undue pressure on yourself
JQ ty grasshopper ken
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Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on LOGI 24.60
Ken-ST Moderator: UPDATE: Moving stop on LOGI 24.60
Ken-ST Moderator: UPDATE: Moving stop on LOGI 24.60
allegro_bob some pretty charts today for a change
allegro_bob 1% on sndk
Scott-ST Moderator: agreed bob
Cale Nice bob!!!
j5 nice allegro
Scott-ST Moderator: good job bob
allegro_bob thanks for the newsletter cale!
allegro_bob thx guys - nice moves today for options week
Cale any time my friend
Ken-ST Moderator: I agree bob
allegro_bob expected more chop
Cale anytime
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Cale bob you are getting my news letter right??
JQ lol
allegro_bob :0 I wish
allegro_bob :)
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JQ wb
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allegro_bob sndk made up for cybertrader not having atyt shortable
JQ wb
Steve AAPL hit stop ?
allegro_bob aapl is being it's usual tease
Steve I hate finding a worm in an AAPL
allegro_bob i look at those charts and get tempted but playing them is a different matter
JQ ken said scale that fish
Ken-ST Moderator
Ken-ST Moderator: STOPPED Consider exit in AAPL Breakeven
Scott-ST Moderator: ty Steve
Ken-ST Moderator: STOPPED Consider exit in AAPL Breakeven
Ken-ST Moderator: STOPPED Consider exit in AAPL Breakeven
Ken-ST Moderator: yup, hope you all took at least some off the table
Gantra i sold 100% at .5%
Ken-ST Moderator: nice gantra
Ken-ST Moderator: gj
JQ gj ken
Gantra worked out this time :)
allegro_bob GJ Gantra
Scott-ST Moderator: gj Gantra
allegro_bob I think tightening up the stops might be a good idea there
conanboxer Having a position in AAPL is quite painful
Ken-ST Moderator: just a conservative play
Ken-ST Moderator: yeah, I dont particularly like AAPL
Cale Ken Hates to play AAPL anyway
allegro_bob I'm with you Ken
j5 ken i hear ya with aapl,
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Steve I never have liked Macs and I don't have an IPOD
JQ I hate trading AAPL
allegro_bob and I don't like Jobs :)
j5 im out on logi at 24.99 oh well its 10:30 market slowing down
allegro_bob all that money --- geez
Gantra steve LOL
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Ken-ST Moderator: I used to be like that, but actually would consider them now.
Scott-ST Moderator: nice good job j5
Ken-ST Moderator: but its not for trading
j5 ok guys, not bad cya all tomorrow
Scott-ST Moderator: later j5
j5 thanks guys, tc scott
Cale later Johnny number 5
Ken-ST Moderator: they dont make many trading platforms for Macs
Steve bob, I don't like macs, but you gotta respect Jobs - he built/rebuilt AAPL 2 times
Ken-ST Moderator: ok j5, take it easy
j5 lol cale, laters
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allegro_bob You're right Steve - and now Disney works forhim
Cale but Gates bailed out AAPL
Steve Mac users are all fundamentalists, thus they don't need tech analysis software
conanboxer Everyone around me is converting to MACs. Anyone who likes IPOD would consider switchcing...
I did
Gantra Steve, you aren't kidding. when he got booted from aapl and founded Next, which didn't amount to a
whole lot, i thought he was a has been. He totally had a second life when he came back to aapl.
Steve What better way to get even with your descentors than be kicked out, watch the company fail, and then
come back to save it - fairy tale story, maybe that's why Disney wants him
Gantra Cale, i don't think Gates really helped Aapl very much. He may have thrown them a few bones, but that
was it. What really brought appl back was the IPOD and their movement to INTEL hardware that is cheaper
because of the volumes on the PC side.
Steve Job's biggest mistake years ago was probably not putting Intel inside and keeping everything 'in-house'
- kinda parallels the VHS/Beta story, but AAPL turned it around
Cale true, i cant take that away from Jobs, he has done a very good job
Gantra Early on in the 80s, Apple's Mac platform could have destroyed the PC world if they had allowed
licensing of the hardware as existed on the PC side. Mac was so far more advanced than PCs at that time. Bet
they kept it inhouse and made alot of money at the time but it cost them marketshare in the end.
Steve agreed
Cale it was just to hard to develop on a MAC
Cale the cost was just to high to get anytype of a Dev Kit, thats why everyone turned to PC's
Cale PC was cake and cheap to develop on and Games had a huge reson why PC's took off
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Steve I started out w/ Apple 2 in early 80's - loved it but couldn't get any software. Apple lost site that software
drives hardware sales, that's also the reason that UNIX never took off
Gantra From a user perpective, they were aweful. But Macs were very expensive. If Apple had allowed
licensing all the easy of development and tools etc. would have flourished for the Mac as well.
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Cale thats just like IBMs OS2 operating system
Gantra steve, me to. My dad got me an Apple II e. I thinkn it had 48k of RAM. big 51/2 inch floppy drive too.
Cale the OS2 was such a better OS then Windos but IBM dropped the ball
Steve OS2 was a joke from the start
allegro_bob os2 much better internally - just no decent interface and lack of application software
Gantra One of my favorite memories was playing the Lord British Ultima Series on my Apple computer.
Cale lol
Steve bob, yep - like I said software drivers hardware (and OS) sales
allegro_bob so true!
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Steve OK geeks, survey time - what is/was your favorite software game (non-X rated)
newguy doom 2
Steve PONG !!!!!!!!!
Gantra i have concerns about LEND.
allegro_bob zelda
Scott-ST Moderator: LOL doom
Scott-ST Moderator: those where the days
Gantra maybe... Everquest.
Scott-ST Moderator: stay at work for long late night fights
Gantra that was my first MMORPG.
JP E.T. for Atari.
JP J/K
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newguy play over a 14.4 modem till 6am and then goto work
Gantra Steve, LEND looks like another ENDP. DO you agree?
Cale Gantra AC was the best
Cale may may hours into that game
Steve I was just thinking that - in fact, I turned order confirmation on to avoid that problem
allegro_bob good point on lend guys
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Gantra Cale, i got that but never got into it. It seemed cool. Timing just wasn't right. I actually go into
Asheron's Call 2 alot leveled pretty high then quit. I currently have a level 59 Mage in WoW. But i quit playing
that too...so much mindless repetition.
Steve OXPS just missed triggering
Cale AC2 sucked
Cale no one liked that one
Cale the we started to play WOW
Cale that rocked
Gantra Cale, AC2 was great IMO. The graphics were the best at the time. Beautiful environments and the Mobs
were cool.
Cale yep AC2 did have awesome graphics
Gantra The problem with AC2 was content. There was a real lack of it early on....and bugs.
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Gantra I played Anarchy Online....now THAT thing was infested with bugs. Maybe the most buggy MMO ever.
Itwas hilarious.
Steve gantra, those weren't bugs, they were features !
Gantra LOL
Cale lol i have heard that before, but never played Anarchy
Gantra Funcom was completely unprepared for supporting an MMO too. I can't believe they survived.
Cale Lenage II
Cale that was good too
Gantra LEND..up down up down. yuck.
Steve yeah,but it is riding the EMAs up
Ken-ST Moderator
Ken-ST Moderator: CANCEL ALL ALERTS
Ken-ST Moderator: all type B that is
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Gantra Cale, are you looking forward to any new MMOs?
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Cale no time these days
Cale havent seen anything that rocked my boat
Gantra bah! you can MAKE time!
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Cale it has to be very good before I can take the time....
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Gantra Gods & Heroes has caught my attention. They've advanced the art some. Instead of just vaguely
stricking at mobs, this game alows actually contact and manipulation of objects in the game world.
http://www.gamespot.com/pc/rpg/godsheroes/index.html
Steve Ken, you cancelled alerts a little early - are you thinking the market doesn't have enough momentum?
Ken-ST Moderator: just 5 min early
Ken-ST Moderator: I didnt see anything real close
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in LOGI
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in LOGI
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in LOGI
jy ty
jy that's a patient one
Ken-ST Moderator: LEND was the only one really close, but I didnt want to forcre that one out. the stock was
near to the 20 EMA on 5 min
Ken-ST Moderator: There is not real strong trend inthe market right now
Cale lol was thinking the same thing jy
Cale but couldnt spell paticent
Newbie good week so far guys thankyou..
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Ruben I wasn't very confident to LOGI!!
Scott-ST Moderator: [img id=em-8]
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Scott-ST Moderator: understandable Ruben
Ken-ST Moderator: wb
Scott-ST Moderator: Scanning for Type C's
Scott-ST Moderator: LEND just hit trigger if we didnt cancel all B's
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Steve LEND hit trigger, but that chart looks alot more promising than ENDP did yesterday, imo
Scott-ST Moderator: LEND just hit profit
Ken-ST Moderator: it just made a surge to its 20 ema
Ken-ST Moderator: any quesitons gang?
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Scott-ST Moderator: we are the ST Gang
Scott-ST Moderator: kinda like the apple dumpling gang
Scott-ST Moderator: or the bad news bears gang
jharms No type C's Scott?
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Scott-ST Moderator: not yet
Steve has logged out
Ken-ST Moderator: No type Cs
Ken-ST Moderator: longs if anything
Ken-ST Moderator: but really the market is in a range and its too tough to call a direction
Ken-ST Moderator: but it would favor the longs
Ken-ST Moderator: Philly Fed coming out at noon
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Ken-ST Moderator: any other stocks of interest?
Ken-ST Moderator: Anyone made any good earnings plays?
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Ken-ST Moderator: hi Jb
johnboy GM everybody
Ken-ST Moderator: whats shakin?
johnboy my head...just got up
johnboy note to self: ruby red grapefruit ciders after work are NOT a good idea!!
Ken-ST Moderator: nice
Ken-ST Moderator: lol
johnboy you guys had an excellent morning thus far
Scott-ST Moderator: ty ty
Scott-ST Moderator: damn that AAPL
Scott-ST Moderator: my guess is that we short it this afternoon when we open the Bs again
johnboy AAPL and RIMM are tricky
Scott-ST Moderator: Cale?? that your honey?
johnboy why is AAPL up?
Cale Yep there she is, hhhmmmmmm
johnboy did they finally announce the IPOD phone/taser
Ken-ST Moderator: LOGI new lod
Ken-ST Moderator: lol jb
Scott-ST Moderator: HOD Ken?
Ken-ST Moderator: yes hod
Scott-ST Moderator: i think so Johnboy, did that yesterday
Scott-ST Moderator: AVCT hitting highs
Cale More Erin More Erin
Gantra Johnboy, aapl up because earnings reported yesterday much better than expected.
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Scott-ST Moderator: what movies are out?
Scott-ST Moderator: anything good for the weekend?
Gantra http://www.rottentomatoes.com/
one of the best movies sites out there
Gantra Borat gets high rating!
Ken-ST Moderator: Anyone saw Departed yet?
Scott-ST Moderator: which movie?
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Scott-ST Moderator: nope is that good?
Ken-ST Moderator: It looks good
conanboxer I would love to see Borat... I loved Ali G Show
Scott-ST Moderator: when did that come out?
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driver no gap play on avct?
Scott-ST Moderator: not until after lunch break
Gantra was reading about Borat in Newsweek. They pissed off alot of people they duped into being inthe
show unwittingly. They had everyone sign waivers and were very vague about what the whole thing was
about. Now all those people look bad in the movie.
Scott-ST Moderator: now i am intreged
conanboxer When I was in NY, I worked with guys lot like Borat from that area of the world.....
Gantra Wow. The Prestige Looks great. Magic and magicians!
limey Departed is a great movie
conanboxer They have huge communities in Queens and Brooklyn...most of them I worked with were pretty
smart
johnboy rent: Lucky Number Slevin.............excellent movie
Ken-ST Moderator: thats next on Netflix
limey Borat comes from Staines 20 miles west of London were my brother lives
limey I just saw Slevin on pay per view it was very good , will see Prestige this weekend
johnboy ppv movies are great........no returning videos to the store
Gantra I want to see Marie Antoinette too. I like New Order music.
johnboy and free!
Gantra JohnBoy, does PPV have HD?
johnboy Gantra, I don't know, I don't have a HDTV set or receiver
Gantra i don't watch films that aren't widescreen if on DVD or HD if thru cable.
Gantra HD is awesome. Discover HD is a sight to behold.
johnboy I only have a 13 inch tv, but I sit 13 inches away from it.........
Gantra LOL
johnboy and my brain isn't high definition..........more low fidelity
Gantra You can watch HD on most newer laptops.
johnboy cool
johnboy plasmas are sure coming down in price
Gantra i'm going to get a HD DVD player next year sometime. Maybe the combi player that plays blue-tec and
HDDVD.
Gantra sorry, blue-ray. Blue-tec?? lol
johnboy what about the playstation 3.......it's a blu ray player
johnboy probably HD too, as the xbox360 is
Gantra ya...hasn't that thing been delayed our something?
johnboy I think so, or the bigger problem is they'll only have half the units that nintendo will have out by
Christmas
johnboy my Atari 2600 is still kickin'...........
johnboy whoops.......dating myself here
Gantra looks like digital TV cutoff date is now 2009. They keep delaying it. Wish they'd just do it and get this
transition over with. http://news.com.com/Digital+TV+switch+set+for+early+2009/2100-1028_3-6004429.html
Ken-ST Moderator: lol
johnboy HD paradox: not enough HD programming to buy a nice tv, but the programmers don't make HD
programming because not enough HD sets at home
johnboy or so I was told by my Father-in-law
johnboy if you are a hockey fan though, it looks excellent on his plasma
JP There is plenty of HD programming.
Gantra johnboy, that's not true anymore. i think all major programming is recorded HD now.
JP Pretty much all sports and every major TV show is now broadcast in HD.
johnboy I think in the U.S., you guys are ahead of us up in the Great White North
Gantra all major prodcast channels have HD versions...many other cable channels to.
Gantra I think the HD DVDs will excellerate things because people will see what they've been missing on
regular TV.
johnboy did anyone watch the Inside American Airlines on CNBC last night?
Ken-ST Moderator: no how was that?
johnboy I didn't watch it, I was just wondering if anyone did
johnboy it looked interesting on the promos
johnboy in the Bangkok airport, there was a pretty good fire, and we had to evacuate (in 1994) and we went
into the baggage transport area and it had all sorts of chutes and conveyors.....it was like a roller coaster for
suitcases........pretty interesting
johnboy BEarrally will show up tomorrow with his modest GOOG straddle 100K profits............lmao
Ken-ST Moderator: I havent seeen what it looks like in real life, but had a great look at it in Toy Story 2
Ken-ST Moderator: lol jb
johnboy later dudes, have a 3% afternoon too!
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Ken-ST Moderator: later jb
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Ken-ST Moderator: any questions gang?
JP Anyone else having DAS issues?
Ken-ST Moderator: market nearing hte lod
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JP Is DAS down?
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Ken-ST Moderator: I dont show that
JP None of the info on DAS is updating for me.
Ken-ST Moderator: I have updated quotes
Ken-ST Moderator: which stock are you looking at?
JP Nothing is updating. Charts, quotes.....nothing
Ken-ST Moderator: have you tried logging out and back in?
JP Several times.
Ken-ST Moderator: Hmm, I just tried logging out and back in. everything is solid
Ken-ST Moderator: here
JP David is helping me....apparently they are having some issues.
Elaine yeah-same here
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C6 what is das?
Ken-ST Moderator: what version are you on?
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JP 1.51
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Ken-ST Moderator: thats odd, mine is fine
Elaine i can now see the same info. as earlier
Elaine on the stocks to the left
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Ken-ST Moderator: wb
Elaine am I correct that the ones still not traded and open are: LEND, IFIN, AVCT, OXPS, REGN and LOGI (for
Type b) ????
Elaine that is what is showing on the left
JP LOGI triggered and hit profit earlier.
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Ken-ST Moderator: nothing is open
Elaine yeah that's right-I just copied the symbols that were still open to the left - - they have it listed twice
Ken-ST Moderator: those are just the stocks we are watching
Ken-ST Moderator: we may start issuing some alerts on them now
Ken-ST Moderator: ah I just heard there are some widespread interenet issues. It is a ffecting some people
Ken-ST Moderator: which explains why i am able to connect to DAS and othersmay not
Elaine ah - ok
Ken-ST Moderator: the DAS servers are ok
c6 what is DAS ?
Ken-ST Moderator: Direct Access Software
c6 Thanks
Gantra Just wait til there is a major internet outage. Half of civilization will collapse.
Ken-ST Moderator: utilized by Harmon Trading and Speedtrader
Ken-ST Moderator: everything stuck in range right now
Ken-ST Moderator: nothing looks good
Ken-ST Moderator: NVEC testing highs
jy GOOG going crazy
conanboxer I got in GOOG mid morning
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Gantra AVCT had a great move up between 11 and 12 ET
Gantra anyone get a piece of AVCT on that move up between 11 and 12 ET?
Gantra wow...bit of lag on the chat
Ken-ST Moderator: brb
Scott-ST Moderator: okay ken
Scott-ST Moderator: we miss you
Brian AVCT I did for .95
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Scott-ST Moderator
Scott-ST Moderator: Watching for Type B Buy at new high of the day on NVEC 40.16
Scott-ST Moderator: Watching for Type B Buy at new high of the day on NVEC 40.16
Scott-ST Moderator: Watching for Type B Buy at new high of the day on NVEC 40.16
Gantra nice work, brian.
Scott-ST Moderator: ATYT LOD
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Scott-ST Moderator: wb
2thdr ty
Scott-ST Moderator: [img id=em-3]
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Scott-ST Moderator: okay gang I will be right back, keep an eye on NVEC
Scott-ST Moderator: Ken will be right back
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Ken-ST Moderator: back
Ruben Ken, does Harmon have OCO (One cancell other) order?
Ken-ST Moderator: Yes
Ken-ST Moderator: Called a Range order
Ruben mm
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Ken-ST Moderator: any questions ?
Ken-ST Moderator: NVEC is a perfect example why you do not play the first break when taking on a resistance
area from a long ways down
Ken-ST Moderator: sit out on that initial breakout. Wait for the pullback to the MAs then play the breakout at
the new hod.
Ken-ST Moderator: You may then use the low of the pullback for your stop
Ken-ST Moderator: if the breakout keeps going with no pullback, so be it
Ken-ST Moderator: move on
prime707 can u tell me about nvec ok to buy here
Ken-ST Moderator: It is not ok to buy here. You simply do not know if it will continue its breakout or pullback
more
Ken-ST Moderator: At a new hod it will be telling us the trend is continuing
Ken-ST Moderator: that is where we buy in
prime707 thks
driver Ken, isn't NVEC a perfect picture of a cup (and soon to be handle)?
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driver would that mean it would slide down over the next few weeks?
Ken-ST Moderator: are you talking about a the daily chart?
driver yearly or even 6 month
Ruben Hi
Ruben Ken, does Harmon have OCO (One cancell other) orders?
Ken-ST Moderator: Yes Ruben
Ken-ST Moderator: Driver its hard to say what will happen. It is easy to say what is happening
driver I'm not sure whether to buy or short NVEC at this price right now
Ken-ST Moderator: or you can do nothing wiht it
driver yup
driver my options are limited to how much my margin acct will allow for overnight trades
driver that was a 20 cent fill
driver i hate tdamer
driver 20cent spread
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driver dammit, i should've used limit order..another 15 cent spread on same sock
Gantra AVCT HOD
Gantra Personally, the hits you can take by not having a limit order aren't worth the loss of an occasional
explosive BO that is too fast to get a fill using a limit.
Elaine looks like it kerplunked..hEEHEE!!!!!!!
driver true, but if you are patient and correct in your assessment of a direction the stock is going, the limit order
will fill and potential $$$$ is not going to be missed
Elaine NVEC
driver damn, should've held on longer
driver my 30 seconds trades are too short?
Gantra my thinking is that if a a stock BOs and hits the 1 % target i'm going to cancel my unfilled limit order.
Howver, if the stock runs up but does not hit the 1% target, then i'll leave it and wait for a fill on a pullback.
driver the limit should fill
driver no matter the speed or acceleration of the stock, unless your broker cannot find shares
driver for example, my broker is STILL locating shares of a stock i want to short on a limit order after 2 minutes,
and it hit the limit price twice already going both up and down
Gantra I had quite a few unfilled orders...but it's usually because i had a too tight stop limit order...maybe 4 or 5
cents spread. I'm trying to loosen them up some.
driver but once it locates shares, it will always fill
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on ATYT 20.31
Ken-ST Moderator: Watching for Type B Short at new low of the day on ATYT 20.31
Ken-ST Moderator: Watching for Type B Short at new low of the day on ATYT 20.31
Ken-ST Moderator: who is your broker driver?
driver tdamer, i plan on switching soon after my business trip
driver no time for downtime
Ken-ST Moderator: ah, well you know my feelings about that
driver yes i believe i do. only great thing is the 9.99/trade, other than that, the trade executions are possibly the
worst
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Gantra driver, i think we are talking about two differnt things: 1) a broker finding shares to short and 2) setting
a limit price on a stop limit order on a long or short trade.
driver 2) the stop limit order is the same as a limit order once it hits the stop price
driver so it should sell like a normal limit order, correct?
Ken-ST Moderator: harmon is 9.95 per trade and you get direct access with tons of free routes
Gantra stop of 20.45 on ATYT?
Gantra driver, i believe so
driver but sometimes, depending on the route, they charge .001 or .004 a share
Ken-ST Moderator: so does Ameritrade
driver really?
Ken-ST Moderator: I take that back
Ken-ST Moderator: maybe not
driver i think its flat rate
Ken-ST Moderator: but for me its not an issue
driver hehehe
driver for me, its the biggest issue
Ken-ST Moderator: I will gladly give up some to be a hell lot more efficient
driver i would even pay 2000 a month for unlimited trades
driver if harmon had something like that
driver even 3k/mon
Ken-ST Moderator: if you trade say 1k shares
ellagero Ken..when you list a price trigger..like atyt, are we to look to buy at the level or a penny below/above
Ken-ST Moderator: that is 4 dollars on ARCA
Ken-ST Moderator: that is half a cent
Ken-ST Moderator: on your efficiency
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Ken-ST Moderator: meanwhile you are giving up a whole lot more with your inefficiency with Ameritrade
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Ken-ST Moderator: which is why I am saying you are paying more, you just dont realize it
driver Ken, I'm sure I will move to Harmon eventually or another site (100% for the trade executions), but right
now I'm stuck with tdcrappytrade
Ken-ST Moderator: np
driver I understand I'm losing a lot because of trade executions right now
driver but I will change soon
Ken-ST Moderator: you will be happy once yo udo so
Ken-ST Moderator: I have not heard one person unhappy with direct access
ellagero Ken- i got kicked out.did you already anser my question above..
driver tx Ken
Ken-ST Moderator: ellagro, the price lised is the breakout price
Ken-ST Moderator: it is already a penny below the lod
ellagero tx and what should we be setting as a stop...will u always list on the right after it triggers..
ellagero i mean on the left..
Ken-ST Moderator: if not adjusted it is default to the hod or lod
driver nvec climing back up now, that stock got two heads and one body
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short ATYT 20.31
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short ATYT 20.31
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short ATYT 20.31
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on ATYT 20.45
Ken-ST Moderator: UPDATE: Moving stop on ATYT 20.45
Ken-ST Moderator: UPDATE: Moving stop on ATYT 20.45
Gantra i like that stop loss. Less than 1% is good.
ellagero ken...sry..what is the target for ATYT
Ken-ST Moderator: inherently at 1% target
ellagero k
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driver Gantra, im sitting on a 35 share fill on a limit order, the price just went south of the limit i set it at
Gantra what was the limit set for?
driver 38.75
driver the price was at 38.75 when i sent the order in
driver i thoguht it would push through that why i set at same price, normally i set 5 cent lower
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Gantra ouch limit at same price as stop.... i usually set to double the price of the stock. so a $50 stock i'll set to
10 cents spread between stop and limit.
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driver what function does the stop serve in a stop/limit order
Ken-ST Moderator: when the order is sent
driver ic
driver so it delays a bit and the price may run over the limit?
Gantra i usually don't like to have a spread smaller than 4 cents, though
driver do you use stop limits to hide your intent on lvl 2?
Gantra no i use stops so i don't have to manually watch the stock and send the order myself, which would
invariably be a slower way of doing it
driver so you use stop/limit to use your full margin acct?
Ken-ST Moderator: no in a stop order, the stop price tells the software when to send the order
Ken-ST Moderator: the market or limit refers to the executions sytle
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Ken-ST Moderator: wb
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Ken-ST Moderator: wb
Pontiff give me a minute ken my wife is talking my ear off right now
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Ken-ST Moderator: lol
Cale lol thats what wifes are good fore
Ken-ST Moderator: ah np Pontiff, thats why we have two of them
Gantra two wives? what country are you from again, Ken?
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop to entry ATYT
Ken-ST Moderator: UPDATE: Moving stop to entry ATYT
Ken-ST Moderator: UPDATE: Moving stop to entry ATYT
Ken-ST Moderator: lol
Ken-ST Moderator: ok gang, its getting late in the day
Ken-ST Moderator: slow steady trend on ATYT
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Ken-ST Moderator: if you see the trend start to pick up on the downside, that is the signal to considering totally
exiting out of yoru trade
Ken-ST Moderator: dont get greedy
Ken-ST Moderator: say you see a big spike down.....
Gantra wow....i just closed my ATYT position. Every trade was a winner. I've had a great day...my best day
trading yet. almost 4% gain. Thank you ken and scott.
Ken-ST Moderator: nice going Gantra...
Ken-ST Moderator: that sounds like a testimonial
Gantra :)
ellagero ken are you out of ATYT then..
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator
Ken-ST Moderator: I am not trading it
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ATYT
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ATYT
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ATYT
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Ken-ST Moderator: but if I were, I would be scaling out into these types of moves
Ken-ST Moderator: not how the selling accelerated
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Ken-ST Moderator: note
Ken-ST Moderator: to me, take that as a sign that it is nearing the later stages of that trend
Cale nice job boys
Ken-ST Moderator: rather than the start of something new
ellagero tx ken, has worked well for me today...btw, why didnt you trade it..
driver C U tommorow guys.
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Ken-ST Moderator: We are not allowed to trade the calls we make in this room
Scott-ST Moderator: gj Cake
Scott-ST Moderator: Cale
Cale doh
Ken-ST Moderator: ty cale
Cale no no thank you!!!!
Cale a nother good day!!
ellagero so what can you trade ken..
Ken-ST Moderator: cool bro
Ken-ST Moderator: Swing Trades and E minis
Ken-ST Moderator: note that accerated trend on ATYT to cap off the slow and steady downtrnd
Ken-ST Moderator: the stock may go lower, but for me its like insurance
Ken-ST Moderator: take it off the table with moves like that
Ken-ST Moderator: securing profits you will never go hungry
Ken-ST Moderator: if it goes down further, so be it
Ken-ST Moderator: More time than not however, its is closer to the end of that trend.....
Ken-ST Moderator: many day traders will enter when the stocks do that
Ken-ST Moderator: and catch the bottom of that short
Ken-ST Moderator: any questions?
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Ken-ST Moderator: wb
ellagero ken you say many traders will catch the bottom of that short..are you saying they Mistakenly catch the
bottom and are squeezed out by the bounce up..
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Ken-ST Moderator: yeah they will see the stock tanking and try to get in short
Ken-ST Moderator: only to get in near the bottom
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rdub Ken has Sept futures results been posted yet?
Scott-ST Moderator
Scott-ST Moderator: CANCEL ALL TRADES
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Scott-ST Moderator: CANCEL ALL ALERTS
Ken-ST Moderator: i will not be posting any results
Ken-ST Moderator: not until we open the new futures account
Ken-ST Moderator: i am selecting a broker
Scott-ST Moderator: [img id=em-0]
jy goog earnings today
rdub ok cool
Ken-ST Moderator: just trading a personal account that i use to test trategies and stuff
Cale later trader
Cale have a good evening, talk to ya tomorrow
Scott-ST Moderator: take care Cale
ellagero another nice job today Ken...
