eddie: gm
Scott-ST Moderator: GM JP
Pontiff: gm ken scott gang
Scott-ST Moderator: gm 2thdr
Scott-ST Moderator: gm rp
Scott-ST Moderator: good mroning djg
Scott-ST Moderator: morning eddie
Scott-ST Moderator: morning Pontiff
Ken-ST Moderator: gm Tool, Pontiff, Scott
toolhater: morning
Scott-ST Moderator: morning hater
toolhater: morning
Ken-ST Moderator: gm qweqwe
Ken-ST Moderator: gm JQ
jy: gm
jvt: trlg not shortable for me
Ken-ST Moderator: gm jy, jharms
Scott-ST Moderator: *
**********************************************************
**********
Good Morning Everyone
**********
WED November 8th 2006
**********
Hope is a waking dream.
- Aristotle
**********************************************************
JohnnyQwest: Gm Ken
JohnnyQwest: Gm Great Scott
Scott-ST Moderator: gm JohnnyQwest
djg: No TRLG or UTHR at Harmon
Ken-ST Moderator: gm kcooksley
Tony: Gm all
Newbie: yeah no UTHER here either
Elaine: Cyber has no shorts on UTHR either...darn
Ken-ST Moderator:
***********Market Assessment**********
Daily Chart: Above the 5 day EMA, Stochastics in downtrend
Hourly Chart: Uptrend with 20 EMA above the 50 EMA
5 min Chart: Uptrend with 20 EMA above the 50 EMA
Futures are currently gapping down 5 points. Overall market is noted as in a sideways to slightly uptrend.
jharms: djg, they sometimes add stocks to the short list around open. I've had to log out and back in again for the update.
j5: anybody worried about volatility due to the elections?
Ken-ST Moderator: gm afunk
Scott-ST Moderator: yes j5
afunk: mornin
Scott-ST Moderator: but thats day trading[img id=em-10]
Scott-ST Moderator: gm afunk
djg: thanks jharms
qweqwe: gm all....had some td
djg: why log out and back in my dektop is setup
garry: gm
conanboxer: Probably....the market would be volatile until we see the outcome.
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Buy tst
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Buy tst
Scott-ST Moderator: *** OPENING BELL ***
jharms: that's the only way for updates as far as I know. I usually don't log out either for the same reason.
Newbie: sound test?? not geting anything
djg: thanks jharms will remember for the future
Ken-ST Moderator: Disregard taht buy alert
Scott-ST Moderator: sec newbie
j5: what dont buy TST, lol
Scott-ST Moderator: lol my bad sorry gang
Scott-ST Moderator: I was testing
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on WFMI 48.76
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on WFMI 48.76
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on WFMI 48.76
Scott-ST Moderator: did you hear that newbie?
Newbie: thankyou yes..
Ken-ST Moderator: HOLX still in range
Scott-ST Moderator: [img id=em-3]
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on AIRM 28.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on AIRM 28.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on AIRM 28.01
DavidBer: look at that massive volume on uthr
j5: hehe
Ken-ST Moderator: gm ryan
ryan: gm ken
j5: wow volatility on airm crazy
Ken-ST Moderator: UTHR is now good at Harmon
djg: yes it is ken thanks
Ken-ST Moderator:
TYPE A Trade (Breakdown). Consider Short UTHR 57.86
Ken-ST Moderator:
TYPE A Trade (Breakdown). Consider Short UTHR 57.86
Ken-ST Moderator:
TYPE A Trade (Breakdown). Consider Short UTHR 57.86
DavidBer: GoGO 11k volume
j5: is that all you david, lol j/k
benbeth: gm
Ken-ST Moderator: gm benbeth
Ken-ST Moderator:
Watching for Type B Short at new low of the day on TSCO 47.30
Ken-ST Moderator:
Watching for Type B Short at new low of the day on TSCO 47.30
Ken-ST Moderator:
Watching for Type B Short at new low of the day on TSCO 47.30
Ken-ST Moderator: its not a true gapping stock
Ken-ST Moderator: so volume may be on light side
Ken-ST Moderator: there is not much support below the breakdown price
DavidBer: what is with the 11k volume stocks ken?
Ken-ST Moderator: these are stocks with 500k avg volume
Ken-ST Moderator: valid setups
jvt: did uthr trigger
Scott-ST Moderator: YES
Ken-ST Moderator: if you dont feel comfortable playing them, then next best thing is to note the setup
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CECO 23.66
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CECO 23.66
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CECO 23.66
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy CECO 23.66
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy CECO 23.66
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy CECO 23.66
Newbie: stop on TSCO?
Ken-ST Moderator: if TSCO triggers it would be hod
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CECO
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CECO
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CECO
j5: wow too fast
Newbie: partial fill for me..
Welcome to SwingTrades.com!
Cale has entered DayTrading Chat
Room is moderated
You can now talk
Cale GM everyone
Cale late start this morning
Ken-ST Moderator: gm Cale
Scott-ST Moderator: gm Cale
Ken-ST Moderator: WFMI is close
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy WFMI 48.76
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy WFMI 48.76
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy WFMI 48.76
alex has entered DayTrading Chat
alex gm all
Scott-ST Moderator: gm alex
Ken-ST Moderator: gm alex
Newbie PARTIAL AGIAN uhggg..
Newbie got in..
Tony has logged out
Ken-ST Moderator: avoiding HOLX hod for now
Ken-ST Moderator: CECO new od
Ken-ST Moderator: hod
jvt run run run
Ken-ST Moderator: HOLX near possible resistance area on daily
Cale CECO very nice Call Ken, no matter what anyone says
j5 lol
jvt i like it
Ken-ST Moderator: tx
Newbie it was..Just wish I could have got more of it :)
jvt cale u would be proud of me sold sndk at 47.50
jvt still got ceco
JohnnyQwest Cale I am telling you Erin and Cramer have something going ON big time
Scott-ST Moderator: nice jvt
Cale i know
Cale and i am not sure what to do about it
JohnnyQwest therefore I am OUT on Erin
jvt ceco is awesome
jvt out 79
jvt thanks guys
Ken-ST Moderator: Nice
Ken-ST Moderator: gj
sieno has logged out
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JohnnyQwest You will have to open a BIG can of whipass and start doing meth
jharms has logged out
Cale okay, I am 1 for 2 right now
Cale just need to find the meth now
JohnnyQwest LMAO
jharms has entered DayTrading Chat
djg jim haggerty has a guy for meth
JohnnyQwest She thinks he is funny can you share the meth
conanboxer This market is amazingly strong....
jvt rwalsh thanks for the keys they work awesome
jvt divx all time new highs
JohnnyQwest Ken you better call James wife and have her hide ALL sharp oblects with the outcome of this elections
Ken-ST Moderator: lol
Ken-ST Moderator: Pontiff is having a horrible day
j5 where's bearrally?
Pontiff huh
JohnnyQwest It is a Dark DAY imho
Pontiff Sometimes you need to loose a battle in order to win the war
Pontiff we needed to loose this midterm election in order to hold the presidential seat in 2009
Pontiff 08
JohnnyQwest ok ponttiff
Scott-ST Moderator: [img id=em-5]
Pontiff let pelosi and shumer and kenedy show their true colors once more
Cale huh?
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Ricky That's what us Republicans tell ourselves so we can go to sleep at night.
Pontiff Ken what did I tell you about the plunge protection team?
Pontiff sun szus art of war my friend
Pontiff tzu
Ken-ST Moderator: nah, the market is still going up
Ken-ST Moderator: so far
Pontiff no more plunge protection team keeping the swings to the downside to a minimum
Pontiff liz looks fab today
Ken-ST Moderator
Ken-ST Moderator:
Watching for Type B Short at new low of the day on AIRM 26.47
Ken-ST Moderator:
Watching for Type B Short at new low of the day on AIRM 26.47
Ken-ST Moderator:
Watching for Type B Short at new low of the day on AIRM 26.47
DavidBer Pontiff - Liz always looks awesome - the glasses yesterday made me happy in my pants
ryan does anyone have any good reading materials that they can recommend on fibs?
Scott-ST Moderator: okay gang lets keep this PG-13 please
DavidBer That was PG-13 - perv get your head out of the gutter.
Cale ryan, let me get a link for you
djg yea pg-13 has nudity now
Cale Sorry Scott
rwalsh ryan, try traderslibrary.com
DavidBer Not like I said, I want to bend her **** and **** her ***** out. Then I want to whip my ***** out and ***** all *****
Scott-ST Moderator: [img id=em-10]
Ken-ST Moderator: lol
djg davd lol
Ken-ST Moderator: lmao
Scott-ST Moderator: [img id=em-11]
DavidBer What is wrong scott, filling in blanks with perverted thoughts?
ryan cool, i'll look, thats rwalsh!
Ken-ST Moderator
Ken-ST Moderator:
UPDATE: Moving stop on WFMI 48.49
Ken-ST Moderator:
UPDATE: Moving stop on WFMI 48.49
Ken-ST Moderator:
UPDATE: Moving stop on WFMI 48.49
Ken-ST Moderator: AIRM is close
JNY has entered DayTrading Chat
DavidBer to what? the long or short?
Ken-ST Moderator: hello JNY
j5 lol
DavidBer It's basically in the middle :)
Scott-ST Moderator: lol more short then long
Scott-ST Moderator: but you have to ask Ken
Scott-ST Moderator: he's the boss
Ken-ST Moderator: Im lost
Ken-ST Moderator: what are you guys talking about?
j5 whatever you say boss
Scott-ST Moderator: SEARCH PARTY FOR KEN
DavidBer You are in an office - you are staring at monitors. The monitors tell you to tell us stuff
JNY hi Ken
Scott-ST Moderator
Scott-ST Moderator: SEARCH PARTY FOR KEN
Scott-ST Moderator: SEARCH PARTY FOR KEN
Scott-ST Moderator: SEARCH PARTY FOR KEN
jvt where's waldo?
Ken-ST Moderator: AIRM is close
Ken-ST Moderator: lol
Ken-ST Moderator: to the short side
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short AIRM 26.47
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short AIRM 26.47
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short AIRM 26.47
Scott-ST Moderator: Ken has been found
Scott-ST Moderator: and was RIGHT about AIRM being close
Scott-ST Moderator: this is where he says "Told you so"
j5 lol
jvt what/
jvt airm is close?
Ken-ST Moderator: Told you so
jvt spread is scary
chrysler WFMI is stuck in the mud, hasn't moved much since it was triggered.
j5 airm stop?
Scott-ST Moderator: see table
Ken-ST Moderator
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.37
Ken-ST Moderator: oops
Scott-ST Moderator: omg
Ken-ST Moderator: sorry about that
Cale is the stop 27.37?
jvt wow a 1 pt stop
Cale thats what the table says
nm has entered DayTrading Chat
Scott-ST Moderator: yes Cale
Ken-ST Moderator: wide initial stop, but we will look to tighten
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DavidBer Yeah - look at that AWESOME volume on TSCO - woo hoo, I know I could move that market!
j5 shure you could, but remember you then have to cover...
DavidBer I know j5 - anything with TSCO makes me an investor not a trader
Scott-ST Moderator: lol DavidVer
j5 lol whats "shure", stayed up to late yesterday
Ken-ST Moderator: in those types of situation, scaling in and out helps
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jharms I just sold out of uthr at even right before drop. Yeah for me!
Scott-ST Moderator: good job jharms
j5 yeah i made $7.31 on uthr lol
DavidBer j5 buy me lunch then
jharms I sense sarcasm in your words Scott
j5 haha
Scott-ST Moderator: no, no sarcasm
jharms Well, there should be.
Newbie AIRM scary...
Scott-ST Moderator: oh oh, i see jharms
jharms haha
Scott-ST Moderator: miss read your earler statement
Scott-ST Moderator: but least it was profit right?
jharms $6.00
Ken-ST Moderator
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.01
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.01
Ken-ST Moderator:
UPDATE: Moving stop on AIRM 27.01
jharms Not bad for an hours work, at least it's above minimum wage.
j5 wait i still have to pay $2.05 in taxes though
jharms damn taxes
Ken-ST Moderator: paying taxes means making money
j5 i know, not fair, lol
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DavidBer just like the government, running around screaming, "I want my 2 dollars" on their bicycle.
jharms not if you have a good accountant
DavidBer come on - someone else has to get that reference.
djg not me
Newbie I got it david..lol
DavidBer It was from a movie called better of dead. The whole movie a little kid on his bike chases someone demanding his 2 dollars
DavidBer *off not of
Newbie great movie...
DavidBer http://imdb.com/title/tt0088794/
Scott-ST Moderator: that was a classic
Scott-ST Moderator: [i]Look their they go again, throughing away a perfectly good white boy[/i]
Scott-ST Moderator: [i]throwing[/i]
DavidBer yep - i feel the need to watch it later today
jvt is it too late to join airm
Scott-ST Moderator: We stand by all our open Positions
DavidBer jvt - they sit by their trade recommendations :)
Scott-ST Moderator: but do not our stop if you get in
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2thdr has entered DayTrading Chat
DavidBer Time to beep the cancel all alerts
Ken-ST Moderator
Ken-ST Moderator: CANCEL ALL TYPE B ALERTS
2thdr has logged out
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Cale 80 here today
Cale OMG its winter
djg where are you cale?
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Cale Denver area
Ken-ST Moderator: we will resume wiht type B after 1:00 pm est
DavidBer 67 heer so far cale, but will hit mid 70's in santa barbara, ca
Newbie Denver winters are so nice sometimes..
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djg where you one of the ones trying to legalize marijuana ?
djg were
conanboxer Whole Foods up....because of Dead Cat Bounce? or DEMs effect
Newbie I wa to legalize a possession of less then an ounce..
Ken-ST Moderator
Ken-ST Moderator:
STOPPED Consider exit in WFMI
Ken-ST Moderator:
STOPPED Consider exit in WFMI
Ken-ST Moderator:
STOPPED Consider exit in WFMI
alex has logged out
Cale newbie, did that get passed?
Cale i havent looked yet
Newbie Colorado is too conservative to get that to pass...
djg hell no cale
djg not in nevada either
Cale but what state would let that pass
Newbie No it didn't pass...
Newbie Cali...
djg california
Newbie NY
Newbie It actually made sense to me.. to pass..
conanboxer If it is legal....no longer cool for young kids.
djg I think it is less dangerous than cigs or alcohol but doesn't mean its a good thing
Newbie it was only in effect if you were 21 or above..
conanboxer I generally support legalizing it, but my concern is driving
Newbie You could smoke it in puplic..
Newbie public
Newbie It was more for if you got searched etc..
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Ken-ST Moderator: They should legalize Hemp
Ken-ST Moderator: anyone know much about it?
conanboxer I agree
Newbie The funny thing is it will not change who smokes / who doesn't.. IMO.. so it doesn't matter..
Newbie They should l re classify it.. so doctors can use it..
Newbie THAT IS THE PROBLEM...
conanboxer I am for HEMP... very useful plant
Newbie It's a classes as a worse drug then cocain and acid..
Ken-ST Moderator: I totally agree conaon
Ken-ST Moderator: conan
Ken-ST Moderator: there is nothing bad about it
Ken-ST Moderator: but do you know why its illegal to grow it?
djg one problem I see is telling kids how dangerous it and other drugs are. Kids try marijuana and see it doesn't kill anyone they may think that about the drugs that are dangerous
Newbie hmm. were is paper on this..
Newbie DJG, not much different then alchohol..
djg alcohol does kill people
Newbie true..
djg you can drink yourself dead
Newbie but it legal..
djg no one ever died from marijuana overdose
djg you can actually die from eating to many raw potatoes but they are still legal
Ken-ST Moderator: yup i agree
Newbie the reason it is illegal.. is it was made illigal when prohibition just ended.. #1 one competitor.
Ken-ST Moderator: its illegal because the Tobacco industry
Ken-ST Moderator: thats it
djg i don't see how they would be effected
djg except to start growing and selling and I would think they would be for that
Newbie I big campian was issued the those in the alcohol bussiness.. the best ever really they made pot really dirty etc..assosiated it with murder/rape etc..
Ken-ST Moderator: really? I relate that to other drugs and not pot
Ken-ST Moderator: Where is JB?
Ken-ST Moderator: this is right up his alley
Ken-ST Moderator: lol
djg yeah no murders or rapes with alcohol
Ken-ST Moderator: The right people are not making money off of it thats why its not allowed
Ken-ST Moderator: yup exactly djg
Scott-ST Moderator: there was, djg, when it was illagel
djg never heard of anyone getting a date rape drug slipped in their joint
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Ken-ST Moderator: its hard to say which one is better or worse
Scott-ST Moderator: I say the make it all Lagel and tax the piss out of it
Ken-ST Moderator: but bottom line the fact that its illegal is more political than you think
Ken-ST Moderator: AIRM new lod
Cale come on AIRM
Cale lol ken, thinking along the same lines as I was
Newbie yeah this was back in the 30's..
Ken-ST Moderator: Hemp is illegal because the Cotton industry would lose too much
Newbie that is true too..
Ken-ST Moderator: also the Pesticides industry would lose too much
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
djg we can't grow it here but we can import it yeah that makes sense
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in AIRM
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in AIRM
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in AIRM
jy that wwoke me up TY
Ken-ST Moderator: yup djg, how insane is that
Ken-ST Moderator: its stronger and more durable than cotton
jharms has logged out
Ken-ST Moderator: easy to grow. no pesticides needed to grow. Does not rape the soil of natural resources.
Ken-ST Moderator: it grows anywhere
Ken-ST Moderator: has great medicinal benefits
Ken-ST Moderator: but its all political
David-Harmon Trading has entered DayTrading Chat
Ken-ST Moderator: Cotton industry is huge.
Scott-ST Moderator: its easy to get hemp yarn, and make things from that...
Ken-ST Moderator: Pesticide industry is huge.
Ken-ST Moderator: gm David
David-Harmon Trading Hi
Newbie I just looked it up Canibus cassification
Newbie Cannabinol or a cannabinol derivative (downgraded from Class A from January 29, 2004)
Scott-ST Moderator: quite simply, hemp is the world’s premier renewable resource
Scott-ST Moderator: Fuel, food, fiber- the basic building blocks for an industrial society, all from a single plant source.
Hemp is the number one plant for producing clothing, paper, plastics, building materials, food, beverages, cosmetics, methanol fuel and an impressive array of cleaning and paint products
Ken-ST Moderator: yup its awesome
Newbie Which is good news, this should allow alot of peolpe to grow and test it..
Newbie Now that it is a cass C drug, this will give doctors and other the freedom to use hemp in alot of are
Newbie areas, like clothes, food etc..
Ken-ST Moderator: and like so many other things that are great for the environment, the US is behind in bringing to the people. Foreign countries take full advantage of it.
Newbie lol, true..
Ken-ST Moderator: Hybrid cars were available for many year. Alternative fuels have been around for a long time in foreign coutnries.
Ken-ST Moderator: People in the U.S. are only now becoming aware.
Scott-ST Moderator: www.hempcar.org
djg we have corn ethanol not sugar not as good
Newbie TRUE, look at Brazil.. I admire that country and what they have done to get away from the OIL addiction..
Ken-ST Moderator: Ethanol is the weak excuse for alternative fuel
djg agreed ken
Ken-ST Moderator: its the oil industry's way of looking like they are getting with the the program
djg i like solar and wind for small things personal residence etc..
Newbie SO true..KEN
Ken-ST Moderator: it uses just as much emissions to make it
Ken-ST Moderator: yup djg me too
Ken-ST Moderator: BioDiesel is hot
Newbie I look at the US's dependance on OIL as a weakness.....IN A BIG WAY...
djg cali lets you sell electricity back to the power company if your run solar they will let your bill get to zero max thye will not pay you
Ken-ST Moderator: I will run my house totally on Solar very soon
Newbie NICE KEN
djg do they still give good tax credits
Ken-ST Moderator: my next car will be a Diesel car. Will run it on biodiesel.
DavidBer The irony is no one would care if oil where back to 25-35 a barrel.
Ken-ST Moderator: I am all for the environment. but really I want to come to a point where I can rely a lot less on other people
djg i work in real estate you take people to older houses and the new huge suv don't fit in the old garages
djg AIRM noce
djg nice
Ken-ST Moderator: you ask foreigners, they will tell you the huge SUVs are crazy. All they see it for is eating a lot of gas.
DavidBer because they are used to very centralized locations that have tight streets and 3 cylinder cars. America is a different place.
Ken-ST Moderator: true
djg back in a few hours nice morning guys winning trades and good conversation
DavidBer Look at manhattan and boston, those cities you could live in it and walk everywhere
DavidBer for things that you need
DavidBer Here I am 3 miles from the closest grocery store. Do you think I am walking there?
jvt airm new lod
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Ken-ST Moderator: Right so perhaps the communities are structured inefficiently
Ken-ST Moderator: smaller communities
David-Harmon Trading If anyone is interested in joining Harmon Trading, open a private chat with me........
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.
Ken-ST Moderator: Large cities does no good
Ken-ST Moderator: but does anyone need an oversized vehicle to drive to the grocery store?
DavidBer If you look at most european areas, they go to the grocery store each day for their meals. They do not have massive refigerators to fill up.
DavidBer You are missing part of the point. We have more space, thus move more things around.
Ken-ST Moderator: but do you need oversized vehicles?
eddie Ken..Rather than follow you exactly (not enough money for 3 trades at a time) I'm getting in fewer trades but letting the winners run. Do you think that is a good stragedy. For example, I exited AIRM at 25.90....
DavidBer The parks that the kids go are not within walking distance, they are big taxies
Newbie WE thus use moe enrgy to keep the food cold.. in a big frig..
Ken-ST Moderator: I think that is great eddie
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Ken-ST Moderator: but riding out winners is not great all the time
Ken-ST Moderator: you have to monitor the market momentum, time of day and the loook of the stocks daily chart
Ken-ST Moderator: but great. All you need is a couple trades a day.
eddie I'll just adjust my stops to BE if you get your 1%
Ken-ST Moderator: We do not encourage a lot of trades
eddie The odds should be the same whether you enter all your trades or a fraction of your trades
Ken-ST Moderator: perhaps the cities and communities are too spread out?
Cale Eddie, that is exactly how I play it
Cale if you can make 2% each week that is AWESOME
Ken-ST Moderator: thats a good approach eddie
Ken-ST Moderator: imo
eddie thanks....
Ken-ST Moderator: we put out a lot of trades to show how the strategy is applied to stocks
Newbie Cale is that your goal?
Ken-ST Moderator: you dont need to trade all of them
Newbie 2%
eddie I think 2% is easy based on the performance I have seen
nm PEIX $$$ again today. :-)
rwalsh eddie, please dont say that
Ricky Ken, but you woudn't dicourage us from trading each trade recommended, if one is capable, right?
rwalsh gotta take that back
eddie ok...bite my tongue
Ken-ST Moderator: Thats up to you Ricky. I would rather be more selective and trade a few
rwalsh thank you
Anti-M Do you mean 2% total gain ? ~ how much % of your trading allowance do you put on each position?
Ricky How would you select?
Scott-ST Moderator: nice job nm
Ken-ST Moderator: Study each trade we make. the patterns. the stocks daily chart. You may find a setup that you feel most comfortable with
nm thx
Ken-ST Moderator: gj nm
Newbie still in the process.. try learn which ine run which ones don't..
Ricky As fast as some of the stocks move, how's that possible?
Ken-ST Moderator: You have the setup before the stock triggers
eddie I can only set 3 at a time based on my minimum pref. but it makes it easier to manage my holdings
Ricky I guess how much you are willing to invest on a daily basis makes a difference, since some of these stocks are at a lower price, making only a few trades can give a heck of a lot of shares in some.
Ken-ST Moderator: Ricky it shouldnt matter
Ken-ST Moderator: calculate your shares based on your capital
Ken-ST Moderator: dont use the amount of shares to determine how much capital you need
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Newbie I have a set amount of money per trade.. seems to work the best Ricky
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Ricky So do i, but it's based on making as many trades as possible.
Anti-M Do you adjust depending on daily volume? Seems hard to place at the triggers on some of these low volume stocks
Ricky Is that question to me, Anti?
Anti-M I am new to ST , was just curious how other people traded low volume stocks
jy HOLX - made 1% plus short
Ricky I have a set dollar amount per trade that i trade. i usually don't change it, since it all seems to happen in the first half hour of the day, and there's too much thinking involved.
jy HOLX drop off likea rock form 49.5 to 46.88 now is bouncing back
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888 ken, when will you start the future trading service
Ken-ST Moderator: December 1st
888 is this date fix or perhaps
Ken-ST Moderator: fixed for now
Ken-ST Moderator: lol
Ken-ST Moderator: I am pretty set on this date though
DavidBer did you find a good brokerage?
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Ken-ST Moderator: We are going with TransAct Futures
DavidBer that was a slow response :)
Ken-ST Moderator: sorry stepped away for a sec
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Scott-ST Moderator: but I will be right here [img id=em-10]
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Ken-ST Moderator: b5rb
Scott-ST Moderator: [img id=em-5]
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Scott-ST Moderator: wb 2thdr
rwalsh not liking this uthr trade so much
Scott-ST Moderator: [img id=em-11]
rwalsh didnt budge when the market pulled back
conanboxer Rummy is Stepping Down!!!!
rwalsh not helping our short cause
Scott-ST Moderator: mmmm bye bye Rummy
Ken-ST Moderator: Back
Scott-ST Moderator: WB
Scott-ST Moderator: you missed all the news
Anti-M wb
Ken-ST Moderator: ty
rwalsh aapl
Scott-ST Moderator: wow nice run on AAPL
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Scott-ST Moderator: welcome jimsettle
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Scott-ST Moderator: later JP
Scott-ST Moderator: hi Jim
jim hello
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Scott-ST Moderator: brb
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Ken-ST Moderator: any questions gang?
Ken-ST Moderator: market is being whipsawed around
Ken-ST Moderator: no real directionor trend
rwalsh i have one ken
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djg looks like I didn't miss much
Ken-ST Moderator: just rolling out of lunch now
rwalsh when a stock is moving up yet the stochastichs are moving from the above 80 overbought area downward; is that typically a bad sign?
Ken-ST Moderator: yeah its a warning sign, but you cant rely solely on that
Ken-ST Moderator: stochastics are less reliable when the stock is trending
Ken-ST Moderator: but it will give you warning signs or indications to be careful
rwalsh okay, makes sense...thanks
Ken-ST Moderator: MAs are more important on trending stocks
rwalsh 5, 10, and 20?
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on TRLG 15.80
Ken-ST Moderator: Watching for Type B Short at new low of the day on TRLG 15.80
Ken-ST Moderator: Watching for Type B Short at new low of the day on TRLG 15.80
Ken-ST Moderator: 5 20 and 50 is what we use
rwalsh thx
Ken-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 No shorts for TRLG at fidelity :(
Ken-ST Moderator: [img id=em-2]
djg Harmon no TRLG
2thdr nor IB
eddie nor td
Anti-M showing restricted at fidelity & zero @scottrade
Ken-ST Moderator: If you are not able to short it the next best thing would be to note the setup and apply to other stocks
nm Ken, could you please elaborate on reasoning when we are not able to short a stock
DavidBer no one wants to lend it
Ken-ST Moderator: educate yourselves if you are not able to participate on the trade
DavidBer and the houses don't have inventory to lend
Ken-ST Moderator: that is really why we are in this room. We are showing how to implement our strategies on stocks in realtime
nm thanks for the explanation on house inventory
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NURO 18.31
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NURO 18.31
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NURO 18.31
DavidBer generally, imo, if you see it not avail that means everyone thinks the stock is a POS.
Ken-ST Moderator: NURO very thin. requires extreme caution of you plan on trading it
nm POS?
DavidBer piece of ....
djg No NURO at Harmon
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Ken-ST Moderator: we are looking at long djg
Ken-ST Moderator: should be able to buy anywhere
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djg Ken I am very slow sorry
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nm NUR close
nm NURO
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy NURO 18.31
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy NURO 18.31
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy NURO 18.31
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Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NURO
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NURO
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NURO
jy handsome NURO ty
jim what is the exit on NURO
jy jim, 1% the target is 18.49
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Ricky I was out for about an hour. My UTHR hit Stop at 58.77. Is the position still open?
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: STOPPED Consider exit in UTHR
Ken-ST Moderator: STOPPED Consider exit in UTHR
Ken-ST Moderator: STOPPED Consider exit in UTHR
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Ken-ST Moderator: Sorry about that, had the wrong price in my alert.
Ricky For me it hit at about 1:57. Are you calling for the exit just now or is it retro to just before 2:00? Just want to know so that i can contact my broker if it hadn't hit earlier.
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Ricky Ken, Scott, Scott, Ken, you there?
Ken-ST Moderator: Hi
Ricky Can you read up a few lines and let me know.
Ken-ST Moderator: It hit the stop, so we posted the exit
Ken-ST Moderator: we posted it late, but really the alerts we send is for formalities
Ken-ST Moderator: traders should be using their trading platofrm.
Ken-ST Moderator: and looking at the price for confirmation
Ricky No fault finding on my side. My broker stopped me out about 15 minutes earlier and then it hit the stop again when your alert went out. Just wanted to correlate.
Ricky Trying to establish my strategy. Seems everty time I step out with open position I come back to negative results.
Ken-ST Moderator: cool
Ricky My new rule is, don't walk away with open position
eddie Ricky..I have bells and whistles that ring when anything happens that way I can read the newspaper when going to the bathroom....
Ken-ST Moderator: lol eddie
Ricky I hear bells and whistles even when I'm not trading, but it's hard to hear in the shower..
eddie You need a subwoofer!!!
eddie My gf hates it because I get interupted when we're getting 'busy' and I take off like a bat out of hell!!!
Ricky So Ken, had the stop hit about 15 minutes before the alert. I understand the alerts are for formality purposes only. It'll bug me if i have to keep talking about it, as well bug you.
Ken-ST Moderator: lol eddie
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djg lucky eddie I wish I could get busy all day and just wait for alerts I just sit here and stare at screens
eddie lol
eddie I clean my house in 5 minute increments
Ken-ST Moderator: sorry Ricky, not sure what you mean
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short TRLG 15.80
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short TRLG 15.80
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short TRLG 15.80
eddie Ricky, maybe the ask hit your stop and triggered but it never traded at that price which is Ken's signal.
ellagero ken...it happened to work out well that i didnt get into trlg at 15.80..but really...when you announce the stock as its breaking...15.79 15.78..not worth too much...
Ricky Thanks eddie, like i said, mine stopped out about 15 minutes before the signal and was stopped out at 58.77. at the same time i checked Scottrade, another broker, and they too had 58.77 has high of the day. That's why i was trying to get to the bottom of it, so that i can call my broker and find out what's up.
djg ellagero they post the trades ahead of time so you have to watch the stock or set up buy stop alerts just extra
djg don't wait for the alert
ellagero djg..the only thing listed for TRLG was its name...
Ken-ST Moderator: yes djg
djg scroll up we all talked about no shorts available for most and 15.80 was posted
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on TRLG 16.01
Ken-ST Moderator: UPDATE: Moving stop on TRLG 16.01
Ken-ST Moderator: UPDATE: Moving stop on TRLG 16.01
djg ella try not to make as many mistakes as me I'm just learning
ellagero KEN - i dont have time to scroll thru chat...i look at the page or the alerts...and nothing for trlg was there
ellagero until 1 second b4 it broke
ellagero and you alerted..
Ken-ST Moderator: it was there right after I posted it
ellagero TRLG is STILL not posted on the page...so maybe im missing something on mine...
Ken-ST Moderator: we try as hard as we can with the tables, but we urge trader not to rely on them
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djg You posted at 13:36
ellagero KEN- sry appeared to be problem with my pg not uploading..i dont know why..although the last few days the chat and pg have shut down on me around mid day..any ideas?
Ken-ST Moderator: not sure sorry
ellagero i float the chat box out of it..maybe that destabilizes
Ricky Ken, any way of going desktop software with the chatroom instead of through the site?
Ken-ST Moderator: Not sure what you mean by that?
Ken-ST Moderator: its all java based
Ken-ST Moderator: does that answer?
Ricky Niether of us are very tech savvy, but i believe you can have a software based chat rather than
Ricky a website chat. like do brokers, IB or Scottrade for example for their trading.
DavidBer software is software
DavidBer are you talking about a standalone app for chat?
Ricky Yes.
DavidBer The futures room uses a standalone app - there are pros and cons - cons - it costs money - pro - it is faster - con - it is pc only - pro - it is faster
Ricky Seems like the pro's have it. By PC only, do you mean no Mac?
DavidBer Yes ricky
djg don't a lot of macs run pc software?
Ricky Wont that then be an issue for Ken witht he fuures, for Mac users?
DavidBer There are chat software that people use that are java based, flash based and app based, the app based will always be faster, not necesarily more powerful. But they will always have a cost associated with it
DavidBer As far as macs running pc software, no they do not
djg damn mac commercial lied
Ricky Futures
DavidBer macs run pc software when running windows - not when running mac os x
djg haven't had a mac since the first one
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Scott-ST Moderator: take care garry
Ken-ST Moderator: have a good one garry
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JNY Actually - I'm on a MacBook now.... and the java clients work fine
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop to entry TRLG
Ken-ST Moderator: UPDATE: Moving stop to entry TRLG
Ken-ST Moderator: UPDATE: Moving stop to entry TRLG
JNY as well - with the Intel Processor - I can run XP at full speed either native or in a window so I can run analysis software in Windows
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Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in TRLG
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in TRLG
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in TRLG
Ken-ST Moderator
Ken-ST Moderator: CANCEL ALL ALERTS
