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Good Morning Everyone
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THR November 2nd 2006
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I never think of the future - it comes soon enough.
- Albert Einstein
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chrysler has entered DayTrading Chat
j5 good one Einstein!
jg good morning to all!
Ken-ST Moderator Update!
Ken-ST Moderator: ***********Market Assessment**********
Daily Chart: Below the 5 day EMA, Stochastics in downtrend
Hourly Chart: Downtrend with 20 EMA below the 50 EMA
5 min Chart: Downtrend with 20 EMA below the 50 EMA
Overall market trend is to the downside. Futures are currently down 4 points, trading below the previous days range.
j5 so avoid longs and tight stops on shorts?
Scott-ST Moderator: [img id=em-10]
Ken-ST Moderator: we can still do longs
Ken-ST Moderator: morning session is often run on emotions
j5 tight on longs and what about shorts, lose?
Ken-ST Moderator: but, in general you can play looser stops
Ken-ST Moderator: nice j5
Ricky has entered DayTrading Chat
j5 is that an A or A-
JP VCLK?
Ken-ST Moderator: A+
johnboy D+
Ken-ST Moderator: gm Ricky
Ricky gm
j5 tx, lol
Scott-ST Moderator: nice JP
Ken-ST Moderator: nice JP
jharms has entered DayTrading Chat
j5 ken, ask johnboy something
j5 :P
Ken-ST Moderator: gm jharms
Scott-ST Moderator: [img id=em-7]
jharms good morning
Ken-ST Moderator: JB, what is the most important thing in the world?
Scott-ST Moderator: GM jharms
j5 hahaha
johnboy lotion
jvt food
Ken-ST Moderator: lmao
Ken-ST Moderator: wrong, its breakfast
Cale lol
j5 wow, that's deep, lol
Ruben What is imao, ken?
jvt L
Ken-ST Moderator: according to Michael Bluth
johnboy lol
Cale has logged out
Ken-ST Moderator: Lotion.....lol.
johnboy I have a crush on Maybe
Cale has entered DayTrading Chat
j5 ok kids, good trades all
Ken-ST Moderator: lmao
mike has entered DayTrading Chat
Scott-ST Moderator: *** Opening Bell ***
C6 Laughing My Ass Of=lmao
Ken-ST Moderator: Good trading gang
j5 watch out for slipery fingers while trading, lol
DavidBer carpal tunnel!
jvt 1% plxs
Scott-ST Moderator: already
jvt are we messed up again?
j5 nice, already
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on VCLK 20.03
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on VCLK 20.03
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on VCLK 20.03
mhl has entered DayTrading Chat
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SVVS 28.29
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SVVS 28.29
Circa63 has entered DayTrading Chat
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SVVS 28.29
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on UAPH 22.23
Ken-ST Moderator:
Watching for Type B Short at new low of the day on UAPH 22.23
Ken-ST Moderator:
Watching for Type B Short at new low of the day on UAPH 22.23
Cale yep shorted SNDK at 47.10
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on ASS 50.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on ASS 50.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on ASS 50.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on ANSS 50.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on ANSS 50.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on ANSS 50.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on ANSS 50.01
DavidBer haha ASS
JP lol
Pontiff ASS???
Ken-ST Moderator: lol
Ken-ST Moderator: ooooooooooooopsss
DavidBer he said ass - uh huh huh
Scott-ST Moderator: lol
Ken-ST Moderator: lol
ryan has entered DayTrading Chat
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE A Trade (Breakout). Consider Buy ANSS 50.01
Ken-ST Moderator:
TYPE A Trade (Breakout). Consider Buy ANSS 50.01
Ken-ST Moderator:
TYPE A Trade (Breakout). Consider Buy ANSS 50.01
Ken-ST Moderator:
TYPE A Trade (Breakout). Consider Buy ANSS 50.01
Ken-ST Moderator: or if you want you can buy Ass
DavidBer 20+ cent spread
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on LFUS 20.12
Ken-ST Moderator:
Watching for Type B Short at new low of the day on LFUS 20.12
Ken-ST Moderator:
Watching for Type B Short at new low of the day on LFUS 20.12
Ken-ST Moderator:
Watching for Type B Short at new low of the day on LFUS 30.12
Ken-ST Moderator:
Watching for Type B Short at new low of the day on LFUS 30.12
Ken-ST Moderator:
Watching for Type B Short at new low of the day on LFUS 30.12
rwalsh thin
alex has entered DayTrading Chat
Ken-ST Moderator: YES
Ken-ST Moderator: be aware the volume looks thin on that
DavidBer not much different than anss
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short LFUS 30.12
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short LFUS 30.12
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short LFUS 30.12
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in ANSS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in ANSS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in ANSS
Ken-ST Moderator: Yup tap that ANSS gang
Newbie NICE>>
jharms hell yeah, 2%!!
Newbie LOL, Ken
jharms Can I say hell?
Ken-ST Moderator: hells yeah
allegro_bob has logged out
Cale nice job
allegro_bob has entered DayTrading Chat
Ken-ST Moderator: wb
Ruben ken, do you have stop for lfus?
Ken-ST Moderator: hod for now, but looking to tighten asap
Scott-ST Moderator: 31.01
JP PLXS HOD?
Ken-ST Moderator: nice
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on PLXS 26.03
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on PLXS 26.03
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on PLXS 26.03
JP It's very bouncy....
Ken-ST Moderator: LIZ Is looking Monochromatic today
Cale lol
Ken-ST Moderator: thats the biggest word Ill ever use
Scott-ST Moderator: [img id=em-0]
Ken-ST Moderator: besides itputsthelotiononorgetsthehoseagain
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
j5 nice
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in LFUS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in LFUS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in LFUS
jvt nasdaq messed up guys
Ken-ST Moderator: IGNORE THE SHORT ALERT SOUND
Cale there was SCOTT on cnbc
Ricky Got my 2%. Out for the day. Thanks guys.
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on VCLK 19.35
Scott-ST Moderator: GJ riCKY
Ken-ST Moderator:
Watching for Type B Short at new low of the day on VCLK 19.35
Ken-ST Moderator:
Watching for Type B Short at new low of the day on VCLK 19.35
j5 good one ricky
Ricky has logged out
Ken-ST Moderator: nice ricky
jvt isld quotes messed up
Ken-ST Moderator: ANSS hod
Newbie Have a good day boys THANK YOU very much. I'm going to take those runners to the bank..And call it a day..
Ken-ST Moderator: very cool newbie
Ken-ST Moderator: wtg
j5 newbie, you really sound like a pro man, keep it up
Scott-ST Moderator: GJ Newbie
jvt lfus new lod
Newbie L8, good day amd trading to you all..
Cale jvt did you take 1/2?
jvt on lfus didnt get anss
Cale i didnt :(
jvt but my box - level 2 is messed up
Newbie I just got out of LFUS :)
Newbie LATE
j5 nice
Ken-ST Moderator: nice
j5 lfus nice runner, %D 1.3
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on HSIC 47.49
Ken-ST Moderator:
Watching for Type B Short at new low of the day on HSIC 47.49
Ken-ST Moderator:
Watching for Type B Short at new low of the day on HSIC 47.49
Newbie has left the room
JP VCLK HOD close
Ken-ST Moderator: ty JP
ryan wow, LFUS
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy VCLK 20.03
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy VCLK 20.03
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy VCLK 20.03
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on VCLK 19.60
Ken-ST Moderator:
UPDATE: Moving stop on VCLK 19.60
Ken-ST Moderator:
UPDATE: Moving stop on VCLK 19.60
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Buy VCLK 20.03
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Buy VCLK 20.03
alex has logged out
j5 has logged out
dpr has logged out
Scott-ST Moderator: CNBC is just pooring out the bad news
Scott-ST Moderator: you would think the market was on a free fall
JP Retail sales were light last month....I guess Bear didn't let his wife out last month.
Scott-ST Moderator: lol
Ken-ST Moderator: lol
JP DELL worth a play at HOD?
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on LNCR 35.80
Ken-ST Moderator:
Watching for Type B Short at new low of the day on LNCR 35.80
Ken-ST Moderator:
Watching for Type B Short at new low of the day on LNCR 35.80
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short LNCR 35.80
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short LNCR 35.80
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short LNCR 35.80
Ken-ST Moderator: this stil ic volatile gang
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on LNCR 36.71
Ken-ST Moderator:
UPDATE: Moving stop on LNCR 36.71
Ken-ST Moderator:
UPDATE: Moving stop on LNCR 36.71
JP Stop at entry on VCLK?
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in VCLK
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in VCLK
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in VCLK
JP Nevermind
Scott-ST Moderator: [img id=em-10]
Cale good job boys
jvt come on 4%
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop to entry LNCR
Ken-ST Moderator:
UPDATE: Moving stop to entry LNCR
Ken-ST Moderator:
UPDATE: Moving stop to entry LNCR
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CHS 21.21
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CHS 21.21
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CHS 21.21
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy CHS 21.21
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy CHS 21.21
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy CHS 21.21
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on CHS 20.93
Ken-ST Moderator:
UPDATE: Moving stop on CHS 20.93
Ken-ST Moderator:
UPDATE: Moving stop on CHS 20.93
alex has entered DayTrading Chat
Ken-ST Moderator: WB
kami has logged out
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy PLXS 26.03
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy PLXS 26.03
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy PLXS 26.03
JP Blew right past entry
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on PLXS 25.62
Ken-ST Moderator:
UPDATE: Moving stop on PLXS 25.62
Ken-ST Moderator:
UPDATE: Moving stop on PLXS 25.62
jvt its gogn to be a runner
Ken-ST Moderator: VCLK new hod
Ken-ST Moderator: stoch up onmarket
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on WRNC 22.46
Ken-ST Moderator:
Watching for Type B Short at new low of the day on WRNC 22.46
Ken-ST Moderator:
Watching for Type B Short at new low of the day on WRNC 22.46
Ken-ST Moderator Update!
Ken-ST Moderator:
STOPPED Consider exit in LNCR Breakeven
Ken-ST Moderator:
STOPPED Consider exit in LNCR Breakeven
Ken-ST Moderator:
STOPPED Consider exit in LNCR Breakeven
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
jvt cha ching
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in PLXS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in PLXS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in PLXS
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in PLXS
DavidBer Ken is en fuego
DavidBer Making up for yesterday?
Scott-ST Moderator: nope, its a new day
Scott-ST Moderator: never chase your trades
Scott-ST Moderator: we dont even look back
Ken-ST Moderator: Yesterday?
Scott-ST Moderator: we live in the here and new
Scott-ST Moderator: now
DavidBer You do to! You look back at all the awesome looks that Liz has. You look back at how Erin is a runner up in the LaLovelyLiz fest
Ken-ST Moderator: oh, I thought you were going to say we live in the here and the nude
Cale "barfff"
allegro_bob hey - I'm having breakfast here :)
Ken-ST Moderator: lol
Scott-ST Moderator: [img id=em-5]
chrysler has logged out
DavidBer Yeah, erin makes me hurl breakfast food as well.
Ken-ST Moderator: wow I havent seen chrysler in awhile
Cale WHAT EVER
Ken-ST Moderator: lol db
johnboy what? youg guys are weird
DavidBer Johnboy this is what you do when you make money. You compare Goddess women with the others.
johnboy ah ok, I'm still peasant status......I debate whether or not to put whip cream on my hemp waffles
allegro_bob reviewing some of these - boy there were some fast one this am .... missed some of the early entries
Cale JQ, you here?
Cale mmmmmm hemp waffles
allegro_bob got to master when to set the auto-entries
Cale yes Whipcream
DavidBer I did a few trades and am done for the day. I grew testicles with hair today and shorted ANSS @ 51 and got out at 50.55 because I missed the entry
Ken-ST Moderator: cool
Cale sec
allegro_bob gj David -
allegro_bob I've gotten in on a second entry but some are too far down the road
mhl has logged out
allegro_bob deal is - the fast movers may also get you on slippage with auto-entry
allegro_bob all part of the game
hiphugger Ken---is CHS a good entry here ?? I missed it earlier
Ken-ST Moderator: it is below our entry, which is a better setup than our entry
Ken-ST Moderator: we stand by any open trade
Scott-ST Moderator: 's
hiphugger i hear a lot about early entries----anybody shoot for late entries to possibly avoid getting whiplashed with the crowd and getting bad fill ??
DavidBer Ken - you sit by any open trade!
DavidBer hip - yes you can get your ass whupped for doing that as well :)
Cale only if he is on the Can
osc has entered DayTrading Chat
DavidBer or thinking of liz?
Ken-ST Moderator: many stocks today had pullbacks while we were in it before going on to hit profit
Ken-ST Moderator: CHS is one
Scott-ST Moderator: LFUS lod
JP VCLK 4% past entry. Anyone still in?
Cale nope
Cale but a good run
Cale havent taken only 1/2 on anything today :(
Cale but profit is profit i guess
JP I didn't stick around either. I've been really cautious lately.
Cale and not doing well with my short on SNDK
Moharram has entered DayTrading Chat
djg i was out a 1% on all but LNCR missed ANSS and PLXS
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on CHS 21.09
Ken-ST Moderator:
UPDATE: Moving stop on CHS 21.09
Ken-ST Moderator:
UPDATE: Moving stop on CHS 21.09
jharms has logged out
Scott-ST Moderator: good job djg
djg just getting started again not going to get greedy need to learn a lot more about timing exits
mike has logged out
Cale I am gong to set my stop on CHS to breakeven
Ken-ST Moderator: gj djg
Cale not liking the look of the market
Ken-ST Moderator: gm moharram
Cale is that prudent Ken?
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop to entry CHS
Ken-ST Moderator:
UPDATE: Moving stop to entry CHS
Ken-ST Moderator:
UPDATE: Moving stop to entry CHS
Cale cool
Cale I guess thats a yes
bearrally has entered DayTrading Chat
Ken-ST Moderator: gm Bear
Ken-ST Moderator: where are you today?
bearrally ge ken
bearrally leaving for china, that back to the states on monday
bearrally than
Scott-ST Moderator: quick trip
bearrally going to bed soon
Ken-ST Moderator: a nickel more on CHS
Ken-ST Moderator: cool bear
bearrally Scott, I am in vietnam now
Scott-ST Moderator: oh
bearrally overwork and under pay
Scott-ST Moderator: I hear that
bearrally didn't do too well on this earning either
nm has entered DayTrading Chat
Pontiff has logged out
Scott-ST Moderator:
STOPPED Consider exit in CHS
Scott-ST Moderator:
STOPPED Consider exit in CHS
Scott-ST Moderator:
STOPPED Consider exit in CHS
Ken-ST Moderator: Breakeven
Scott-ST Moderator:
STOPPED Consider exit in CHS BREAKEAVEN
Scott-ST Moderator:
STOPPED Consider exit in CHS BREAKEAVEN
Scott-ST Moderator:
STOPPED Consider exit in CHS BREAKEAVEN
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS
jvt has left the room
alex has logged out
Scott-ST Moderator: any questions/comments?
Scott-ST Moderator:
Gang,we strongly suggest that a 5 minute candlestick chart of the SPX be kept open to give you a visual of current market conditions, overlay this chart with 5, 20 and 50 ema and slow stochastics. You will find that this will help you with your personal daytrading, giving you the “heartbeat” of the market.
DavidBer ANSS is en fuego
Scott-ST Moderator: and LFUS had a big bounce back up
Ken-ST Moderator:
For those who need to daytrade equities but do not have the $25,000.00 equity requirement, we would like to recommend that you check out Harmontrading.com. You will have 4 to 1 Day Trading Margin and unlimited daily trades with a minimum of $2,000 member equity.Harmontrading is also ideal to trade OTCBB and Pinksheet stocks, with direct access to 9 different Market Makers, and unlimited shares per trades, all at a flat rate.Feel free to try out our FREE REAL TIME SIMULATOR by emailing trading@harmontrading.com. Or, if you are interested in joining right away, you may request a Partnership Agreement by sending an email to info@harmontrading.com.
DavidBer Wow LFUS looks like a big U on my screen
nm has logged out
osc ken how much equity does harmontrading give for swingtrades/overnights
Scott-ST Moderator: VCLK on a nice run also
djg 2 to 1
Ken-ST Moderator: yes 2 to 1
osc thanks
Ken-ST Moderator: np
alex has entered DayTrading Chat
Ken-ST Moderator: wb
allegro_bob has logged out
djg what time do you start trading again?
Scott-ST Moderator: we will evaluate the setups afterlunch
Scott-ST Moderator: around 1:00 1:15
ryan has logged out
NewGuy has logged out
djg ty
Scott-ST Moderator: [img id=em-8]
ellagero has logged out
Ken-ST Moderator: any questions?
Ken-ST Moderator: scanning for Type C shorts
osc gang, which company gives the highest overnight margins for swingtrading
JP I've never delt with anyone that provided greater than 2 to 1 overnight.
JP But apparently there are some that go as high as 10-1.
DavidBer 10:1 would scare the crap out of me
Ken-ST Moderator: you have to be very wary of those firms
osc why is that ken
Cale if its too good to be true, its not good
Ken-ST Moderator: you are overleveraging yourself. also you are leveraging the firm
osc so what's the best way to trade your swingtrades
osc how much leverage
Ken-ST Moderator: You could be in trouble of losing your money on someone elses mistakes
Ken-ST Moderator: that is up to you osc. Whatever fits your level of comfort
osc but opine that above a certain leverage is dangerous what do you suggest as a maximum
nm has entered DayTrading Chat
JP 2-1 is industry standard so I would say anything above that is pushing it, IMO.
Ken-ST Moderator: every trader is different.
Ken-ST Moderator: if someone is trading all the money they have....then any leverage is too much
Ken-ST Moderator: if someone is trading with side money and has tons of reserves, then 2 to 1 may be nothing
Ken-ST Moderator: every situation is different
alex has logged out
bearrally has logged out
Ken-ST Moderator: the bottom line, the trader should know what is appropriate for themselves. You can help determine that by paper trading
bill_ni has logged out
Ken-ST Moderator: ok gang, no Lifes Little Destructions today
Cale uhu
Cale why?
Cale did you run out?
Ken-ST Moderator: oh but wait wait, what is this....Traders Little Destructions
Cale *** tell everyone your going short and really place an order to go long
Ken-ST Moderator: *** Stop?
Ken-ST Moderator: *** This thing can't go any higher
Ken-ST Moderator: *** There is no way this stock goes any lower
Cale *** Keep moving your Long Stop loss lower and .lower
Ken-ST Moderator: *** 3:55 pm. what can I trade to make up some of my losses today
DavidBer And thus the reasons why I sit in cash every night.
Ken-ST Moderator: *** Thats the bottom
Ken-ST Moderator: *** Thats the top
Cale *** I didnt know their earnings were comeing out this morning
Ken-ST Moderator: lol
Cale *** ooops now I have to change my underwear
Ken-ST Moderator: *** I have to get into options. I heard you can make a ton of money
Ken-ST Moderator: *** Ameritrade is just fine
Scott-ST Moderator: *** maybe I really SHOULD order those videos that Scott keeps talking about
Ken-ST Moderator: *** Whats shorting?
nm has logged out
Ken-ST Moderator: lmao
Cale lol
Cale **** how do i place a stop lost stop?
Ken-ST Moderator: *** Stop Loss?
Cale *** I thought I had to wait until the stock hit exactly 1%
Ken-ST Moderator: *** ...But Scottrade is cheap
Ken-ST Moderator: lol Cale
Ken-ST Moderator: *** Its lunch time, hmmm lets see what can i trade
Cale *** I guess I should have called my broker when my cable dropped
Ken-ST Moderator: lol
Cale *** ooops I didnt realize it was already 4:00
Ken-ST Moderator: *** I guess I am going to take this overnight
johnboy ouch, some of these are hitting a little close to home...........lol
Cale *** okay, I guess I can take this for a few more days
Cale *** those damn market makers know I got in long and made it the top
Ken-ST Moderator: *** This level II says the stock is going higher
Scott-ST Moderator: lol
Cale *** my alert didnt trigger
Circa63 has logged out
Cale *** I fat fingered the wrong symbol
Ken-ST Moderator: lol
Cale *** but my stop never triggered
Ken-ST Moderator: *** Trade with your rent
Scott-ST Moderator: LMAO
Ken-ST Moderator: *** GOOG has topped
Ken-ST Moderator: *** Two Words: All In
Cale **** humm, how much cash advance do I have left on my creditcard
Ken-ST Moderator: haha
Scott-ST Moderator: *** I will buy those videos that Scott keeps talking about next week, for sure this time
Ken-ST Moderator: *** I heard through my brothers friends cousins neighbor who knows someone in the company that they will report huge numbers. Im in.
Cale *** all in
2thdr has left the room
Ken-ST Moderator: *** Borrow money from your In Laws to trade
Cale *** ahd to stop buying Crack so i can keep trading
Ken-ST Moderator: lol
Ken-ST Moderator: lmao
Cale *** build a sign will work for trades
Ken-ST Moderator: Traders Little White Lies and Excuses
Ken-ST Moderator: *** This is my last trade today
Cale *** I am going to close my platform and keep it closed the rest of the day
Ruben Ken, what is imao??
Ken-ST Moderator: L
Cale *** I will never chase a stock
Cale LAUGH MY ASS OFF
Ken-ST Moderator: *** I willl never make that mistake again
Scott-ST Moderator: nice one Ken
Cale *** I will never trade RMBS again
Ken-ST Moderator: *** Thats the last time I am shorting a stock just becuase it up a lot
Cale *** or PZZA
Ruben but Cale, that is lmao. not imao
Ken-ST Moderator: Ruben, thats what I typed
Ken-ST Moderator: lmao
Ken-ST Moderator: thats not an i its an L
Ruben I see. Thanks
Cale why can i type ass but not ****tail?
Scott-ST Moderator: nnot sure Cale
Scott-ST Moderator: C0CKTAIL
Scott-ST Moderator: COCK
Scott-ST Moderator: shit
Cale ****
Cale *** oh, I didnt know what a margen call was
Cale *** hello? are you a broker?, ya my PC Blue Screened and my alert didnt trigger
Ken-ST Moderator: *** I dont need Direct Access to Day Trade
Cale *** hello? are you my broker?? I am looking for the the stock symbol for Pen Island Housing
Ken-ST Moderator: lol
Ruben Ken and Scott, both times when we lose with any stock, if we trade again at the same they, we lose again!!!
Ken-ST Moderator: *** Drinking calms my nerves while I trade
Ken-ST Moderator: what do you mean Ruben?
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Ruben It happened with Pzza and another one the other day
Ken-ST Moderator: it happens, but its not all the time. In fact most times that is not the case
Ruben Ok.
Ken-ST Moderator: we just trade the signals
Ken-ST Moderator: if it happens to be the same stock, so be it
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Ken-ST Moderator: wb
Ken-ST Moderator: any questions gang?
djg what changed about CHS nad LNCR to make you move the stop up?
Ken-ST Moderator: its move to toward the target
Ken-ST Moderator: LNCR came within a few pennies of a 1% move
Ken-ST Moderator: at that point we set the stop to b/e
Ken-ST Moderator: same with CHS
Ken-ST Moderator: brb gang
hiphugger CHS near hod
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Scott-ST Moderator: [img id=em-11] damn CHS
Ruben Ken, during the last two months we lose twice on the same day with PZZA, QLGS (10/25), MERX (09/26), MATK (09/07) and we lose first and win after with SYNA (10/20), FLEX (09/13) and ADLR (09/05). Four against three
Ruben So I won't trade the same stock when we lose once at the same day!!
JP So some work and some don't but they are all valid triggers.
Ken-ST Moderator: ok Ruben
Ken-ST Moderator: back
Scott-ST Moderator: front
Scott-ST Moderator: side
Scott-ST Moderator: up
Scott-ST Moderator: down
Ruben On the other hand, I think we never lose trading the same stock when we win first
johnboy but what was the moon on those days?
johnboy full moon?
johnboy half moon?
johnboy lol.......just kidding
Ken-ST Moderator: lol
jy ken, are you still trading futures ?
Cale FULLMOON
Cale LOL
Cale lunch time bbl
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Ken-ST Moderator: ok gang no early triggers
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Ken-ST Moderator: the stochastics are in the middle of range now nearing oversold
Scott-ST Moderator: wb
Ken-ST Moderator: trend is all to the downside
Ken-ST Moderator: Yes jy
Ken-ST Moderator: made 2 points today
Ken-ST Moderator: we are looking at December 1st to relaunch the room
Ruben Ken, by the way, I can't see all the blackboard with my 15"
Ruben Sorry 17"
Ken-ST Moderator: make your resolution smaller
Scott-ST Moderator: time to upgrade to a 21" [img id=em-6]
Ruben Well I have another of 19". But what will I do with this. It is working fine
Ken-ST Moderator: You can run two monitors
Ruben I am. The other is for the trader
Ruben Sorry the broker
Ken-ST Moderator: lol, dude, I am very confused
Ken-ST Moderator: you cant fit the chat and tables on 1 17 inch monitor?
hiphugger i am using only one 13" with dial up--- crazy, ha ??
Ruben Yes, I can. But I see the table 90%. I will change resolution for tomorrow
Scott-ST Moderator: hiphugger, that is crazy [img id=em-0]
Ken-ST Moderator: hiphugger did you post that comment about 5 minutes ago and it only showed up now?
Ken-ST Moderator: that is insane
hiphugger am i handicaopping myself ??
johnboy ruben, click on the diagonal arrow to the right of where it says "daytrading chat (28)" and then the chat window floats. Also drag your browser window all the way to the left, so only the table shows................should only take 1/2 of your screen
Ken-ST Moderator: tx jb
Ken-ST Moderator: hip, totally
hiphugger what do i need ??
Scott-ST Moderator: Ruben or you can open this link http://www.swingtrades.com/pdmembers/chat/picks2.htm
Scott-ST Moderator: that will give you a window with just the BlackBoard
Ruben Johnboy thanks. But I can't move the middle. It's rigid
Ken-ST Moderator: if you can make money day trading with that, you will do even better on a real setup
johnboy what do yo mean "the middle"
johnboy and change your browser to a smaller screen size
Ruben I mean the column between the table and the chat room
hiphugger OK Ken -----i am losing money trading----so a rea l set up is what --- 2 monitors with DSL or cable ??
JP BMET HOD?
johnboy weird ruben, I dunno
Ken-ST Moderator: you need high speed
Ken-ST Moderator: DSL or cable
Ken-ST Moderator: I would suggest couple monitors at least
Ken-ST Moderator: not a mandatory but hte more monitors the better
Ruben Hey. I set full screen and I am seeing all now
Ken-ST Moderator: hip it doesnt cost much at all to get a competent setup
Ken-ST Moderator: cool Ruben
Ken-ST Moderator: tx jb for helping
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Ken-ST Moderator: JP I see what you are seeing.
Ken-ST Moderator: I will hold off
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hiphugger i know---- heck, i had AOL dial up for 7 months free until they finally gave in and made me pay
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Ken-ST Moderator: It may work out, but something doesnt sit right with me on that on. Sorry to explain it that way
Ken-ST Moderator: but I would like to see one more surge down to test the 20 eMA before considering
Ken-ST Moderator: let the stoch work off its overbought condition as well
Ken-ST Moderator: if you do venture into it at a new hod 38.74 suggested stop area
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Scott-ST Moderator: wb
kcooksley ty - got kicked out - waah!
Scott-ST Moderator: ouch
Ken-ST Moderator: lol
Ruben Niec picture Scott. Is it you rally
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Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SVVS 29.22
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SVVS 29.22
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SVVS 29.22
limey has entered DayTrading Chat
Ken-ST Moderator: WB
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on VCLK 21.51
Ken-ST Moderator: Watching for Type B Buy at new high of the day on VCLK 21.51
Ken-ST Moderator: Watching for Type B Buy at new high of the day on VCLK 21.51
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy VCLK 21.51
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy VCLK 21.51
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy VCLK 21.51
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on VCLK 20.99
Ken-ST Moderator: UPDATE: Moving stop on VCLK 20.99
Ken-ST Moderator: UPDATE: Moving stop on VCLK 20.99
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ANSS 51.93
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ANSS 51.93
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ANSS 51.93
Ken-ST Moderator: watching for rally on LNCR
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Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on LNCR 34.78
Ken-ST Moderator: Watching for Type B Short at new low of the day on LNCR 34.78
Ken-ST Moderator: Watching for Type B Short at new low of the day on LNCR 34.78
Ken-ST Moderator: wb DB
DavidBer yep - breakfast was good
Ken-ST Moderator: its the most important thing
osc ken if you think lncr will rally why do you not suggest a buy
Ken-ST Moderator: we are hopoing for a rally to set a lod alert
osc ok
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VCLK
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VCLK
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VCLK
Scott-ST Moderator: dude
Ken-ST Moderator: sorry i was trying to ring it with some sort of beat
Ken-ST Moderator: didnt work
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Ken-ST Moderator: only in my head did it work
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jy great 1%
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Ken-ST Moderator: that was nice
Ken-ST Moderator: wb c6
c6 hi
Ken-ST Moderator: nice rally going on in LNCR
Ken-ST Moderator: makes for a more handsome short setup if it takes out the lod
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jy Type C long on GLBL ??
jy 15.31 GLBL ??
Ken-ST Moderator: I dont think it will trigger in time
Ken-ST Moderator: the market stoch is already heading up
Ken-ST Moderator: I will keep eye on it
Ken-ST Moderator: ty jy
jy ty
jy GLBL has a long consolidation
jy but it's not moving up as you said
Ken-ST Moderator: VCLK new hod
Ken-ST Moderator: how you doin
jy VCLK handsome
jy I'm doing fine today up 1.5 pts.
Ken-ST Moderator: nice
Ken-ST Moderator: gj
jy ty
Ken-ST Moderator: LNCR coming back down
DavidBer wth is with erins hair - it looks like they glued it out
Ken-ST Moderator: lmao
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DavidBer vlck coming down a little as well - I almost pulled the trigger on a 22.15 short
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Ken-ST Moderator: looks very stiff
DavidBer looks like it would have been a good call - I would say it will trend down to the high 70's then pull up
Ken-ST Moderator: tough
Ken-ST Moderator: tough to call tops on stocks making all time highs
DavidBer Yep - that is why I am staying out - good days are days to remember - being stupid and blowing profits is just stupid
Ken-ST Moderator: yup
Ken-ST Moderator: call it a day
Ken-ST Moderator: ifyou have good profits
Ken-ST Moderator: just remember the first sesson is the best
Ken-ST Moderator: and every day the market is open there is one
Ken-ST Moderator: lol
Ken-ST Moderator: everywhere you go, there you are
DavidBer yes richie cunningham
Ken-ST Moderator: lol
Ken-ST Moderator: ritchie cunningham?
Ruben So, that's all for today?
DavidBer ahh there is a lovely thought . . . Elizabeth Hurley and Liz Claman - ahh . . .that makes me happy in my pants
Ken-ST Moderator: LNCR if it triggers
Ruben Cancell allerts?
Ken-ST Moderator: lol David,
Ken-ST Moderator: Funny, I was just telling Scott today about Liz Hurley
DavidBer She is in the goddess level as well
Ken-ST Moderator: yupper
DavidBer Ok, testing your age Ken . . . Tuesday night I went to a concert, Bow Wow Wow was an opening act. Annabella just turned 41. She still looks great.
DavidBer RHAT diving
Ken-ST Moderator: You are older than I am DB
Ken-ST Moderator: let me google her
DavidBer <--- 40
Ken-ST Moderator: you are under 40?
DavidBer noep 40 and 6 months
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Ken-ST Moderator: hey big
Ken-ST Moderator: wow David
bigb got bored so came in here too
Ken-ST Moderator: I had you for older. take this as a compliment. It was based on your thinking and success
DavidBer thanks
Ken-ST Moderator: UTHR near trend lows
Ken-ST Moderator: yup big, market is not doing much
Ken-ST Moderator: David how about Ashley Judd?
DavidBer Another pretty woman - mom is hot - sister is trailer trash
Ken-ST Moderator: yup just testing. You and i think the same
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DavidBer Ok more testicles today - shorted a lot of novl
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Ken-ST Moderator: wb
Ken-ST Moderator: at what price?
DavidBer 6.8
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SVVS 29.22
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SVVS 29.22
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SVVS 29.22
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jy stop on SVVS ?
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on SVVS 28.80
Ken-ST Moderator: UPDATE: Moving stop on SVVS 28.80
Ken-ST Moderator: UPDATE: Moving stop on SVVS 28.80
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DavidBer novl is fun :)
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Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on SVVS 28.99
Ken-ST Moderator: UPDATE: Moving stop on SVVS 28.99
Ken-ST Moderator: UPDATE: Moving stop on SVVS 28.99
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Ken-ST Moderator: VLCK went on to make new highs
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Ken-ST Moderator: Sorry gang, i am going to have to change the stop on SVVS back
Ken-ST Moderator: it just stopped
Ken-ST Moderator: If you want to give it more room the original stop
Ken-ST Moderator: is under the 20 EMA
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in SVVS
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Ken-ST Moderator: LNCR coming back down
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Ken-ST Moderator: whoah, its like Erin has an extra head
DavidBer SEE!
Ken-ST Moderator: Like Don Bebee
Ken-ST Moderator: wow
Ken-ST Moderator: I am amazed
Ken-ST Moderator: that is one strong neck
Scott-ST Moderator: what are you talking about?
Ken-ST Moderator: Erin
Scott-ST Moderator: I think she has a thing for Cramer
johnboy and you don't?
DavidBer yep - she wants him big time
Ken-ST Moderator: she marvels on his head
Scott-ST Moderator: Erins okay
Scott-ST Moderator: no big deal
DavidBer ok novl is annoying me now - either make me lose a lot of money or make me some!
Ken-ST Moderator: BMET failing
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Ken-ST Moderator: Intraday Trend is Sideways to Down
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DavidBer OUCH
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JP Was anyone playing NOVL?
Ken-ST Moderator: DB was
JP Were you long DB?
Ken-ST Moderator: I think he was short
JP Oh.
DavidBer Short
DavidBer Averaged the short out - have a ****load at .90 average now
JP Are you out now or still holding?
DavidBer holding
DavidBer If it drops below then it will dive some more
hiphugger Ken----why is your stock list on the left keep logging me out every 5 min. ??
Elaine me too
Ruben The same is happening to me hiphugger
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Ruben I thought my computer had the problem!!
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DavidBer I think I chose the wrong linux provider to short - should have done RHAT
Ken-ST Moderator: Not sure
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Ruben 3:15 I log out
DavidBer moments like this make wonder why I don't listen to you all the time Ken
Ruben by guys. see you on Monday
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johnboy thanks for the day fellas, see you tomorrow
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Ken-ST Moderator: ok jb
Ken-ST Moderator: tc
Ken-ST Moderator: nothing close
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Newbie Wow, good day guys..
Ken-ST Moderator: justone bad apple
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Ken-ST Moderator Update!
Ken-ST Moderator: CANCEL ALL ALERTS
Ken-ST Moderator: ok gang
Ken-ST Moderator: heading out here
Ken-ST Moderator: have a great evening
Ken-ST Moderator: we'll see you all tomorrow
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Ken-ST Moderator: take care
Ken-ST Moderator is no longer a moderator
Ken-ST Moderator has logged out
Scott-ST Moderator: later
djg later
djg has logged out
jy left panel keep kicking me off
Scott-ST Moderator: been doing that to me too for some reason
jy o.k. then I feel better
jy 5 thouhgt it's my computer
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