Ken-ST Moderator: gm Scott
Ken-ST Moderator: gm JQ, Jim
Ken-ST Moderator: MDT looks great
Jim gm
Ken-ST Moderator: INFY we will avoid for now
JQ chkp
Ken-ST Moderator: INFY is in recent range.
chrysler has entered DayTrading Chat
Ken-ST Moderator: lets put up CHKP for a watch
Ken-ST Moderator: nice JQ
Scott-ST Moderator: *
**********************************************************
**********
Good Morning Everyone
**********
Tuesday November 21st 2006
**********
Change your thoughts and you change your world.
- Norman Vincent Peale (1898 - 1993) (1875 - 1965)
**********************************************************
JP has logged out
JP has entered DayTrading Chat
chrysler I'm hungry. When's the turkey going to be ready?
Ken-ST Moderator: that saying right there is what I live by Scott.
Scott-ST Moderator: gm Jim
Ken-ST Moderator: gm Chrysler
Ken-ST Moderator: are you in the right chat room?
chrysler It's going to a short day for me today as I had family come last night
and since they are from Virginia and only get here once a year (if that) I'm
going to cut out real early and visit with them.
Newbie has entered DayTrading Chat
Ken-ST Moderator: nice chrysler
Ken-ST Moderator: lets make it a great first hour today.
Ken-ST Moderator: gm JP, Newbie
chrysler I left really early yesterday as my satellite connection went kaput
on me again! I can't wait until I'm permanently on a dsl line in town so I won't
have this problem anymore (hopefuly).
Newbie GM
JP JNPR?
jvt only 1 hr trade?
Ken-ST Moderator: adding AAPL
DML has entered DayTrading Chat
Scott-ST Moderator: NICE JP
Scott-ST Moderator: ty
Ken-ST Moderator: gm DML
DML morning all
jvt whats difference from CMCSK and CMCSA?
Ken-ST Moderator Update!
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: Downtrend with 20 EMA below the 50 EMA
Futures are currently up 1.50 points. We are gapping about 2 points from multi-year
highs. Overall market trend is to the upside.
dnt has entered DayTrading Chat
jharms has entered DayTrading Chat
Pontiff has entered DayTrading Chat
Ken-ST Moderator: gm dnt, jharms, Pontiff
Pontiff gm ken scot gang
Scott-ST Moderator: JVT one has a K at the end and the other has an A at the
end
jvt arghhh
jvt who's getting a turdunkin
JQ Ken do we want to mess with MDT
Ken-ST Moderator: because its listed JQ?
JQ yapper
JP brcm?
Scott-ST Moderator: JVT its the Class of stock
JP PEIX?
Ken-ST Moderator: PEIX in trading range
JP Nevermind on PEIX
Ken-ST Moderator: on daily chart
JQ MRVL?
circa63 has entered DayTrading Chat
Ken-ST Moderator: Ill keep eye on BRCM intraday. It is still in p/d range right
now
circa63 gm
Scott-ST Moderator: WILL add MRVL to watch
Ken-ST Moderator: gm circa63
Ken-ST Moderator: MRVL is also in a trading range
JQ BIDU?
Ken-ST Moderator: BIDU still in p/d range
kcooksley has entered DayTrading Chat
DavidBer has entered DayTrading Chat
Ken-ST Moderator: gm kcooksley, Davidber
Scott-ST Moderator: **** OPENING BELL ****
Scott-ST Moderator: **** OPENING BELL ****
Scott-ST Moderator: **** OPENING BELL ****
Scott-ST Moderator: **** OPENING BELL ****
Scott-ST Moderator: **** OPENING BELL ****
Scott-ST Moderator: **** OPENING BELL ****
kcooksley gm all
Scott-ST Moderator: gm Kcooksley
j5 has entered DayTrading Chat
benbeth has entered DayTrading Chat
Ken-ST Moderator Update!
benbeth gm
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
JNPR 21.43
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
JNPR 21.43
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
JNPR 21.43
Scott-ST Moderator: gm benbeth
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
TECD 43.76
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
TECD 43.76
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
TECD 43.76
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
ADBE 42.13
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
ADBE 42.13
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
ADBE 42.13
chrysler EFUT is off and running again but I don't like the spread
ggosu has entered DayTrading Chat
djg adbe
Ricky has entered DayTrading Chat
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ADBE 42.13
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ADBE 42.13
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ADBE 42.13
Ken-ST Moderator: cancel STLD,
garry has entered DayTrading Chat
Ken-ST Moderator: that is a stock split
del has entered DayTrading Chat
Ken-ST Moderator: MDT possible resistance above, we will stay clear for now
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
AAPL 87.51
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
AAPL 87.51
Ken-ST Moderator: Watching for Type B Buy at new high of the day on
AAPL 87.51
Ken-ST Moderator: FMCN possible resistance above as well.
Ken-ST Moderator: CHKP near resistance on Daily as well
chrysler Is it just me or is the alert table not showing any details for others
as well?
Ken-ST Moderator: yes the servers are having issues.
Ken-ST Moderator: Do not log out at this time.
chrysler I know how that goes as I feel like that everyday!
ggosu yes, please I was having a lot of issue while loggin in
Cale has entered DayTrading Chat
ggosu Please, you guys need some more servers
Scott-ST Moderator: we are working on it GGOSU
j5 hehe
Ricky Ken, you having server problems this morning?
Scott-ST Moderator: yes Ricky, dont log out right now
jvt cmcsa?
ggosu Thanks. this is the most profitable time of the day. IN no case I want
to miss out on it
Ken-ST Moderator: yes, its our web hosting company that is having this issue
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 87.51
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 87.51
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 87.51
DavidBer Ken - sure you didn't mean short tecd
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop to entry ADBE
Ken-ST Moderator: UPDATE: Moving stop to entry ADBE
Ken-ST Moderator: UPDATE: Moving stop to entry ADBE
Ken-ST Moderator: not yet for us DB
jvt go adbe
Ken-ST Moderator: JNPR is close
Ken-ST Moderator: market stilll in recent range
Scott-ST Moderator: lol DavidBer
Scott-ST Moderator: might just have to do that...
johnboy has entered DayTrading Chat
Ken-ST Moderator: gm jb
Ricky Stop for AAPL?
johnboy gm Ken, Scott, everybody
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ADBE
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ADBE
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ADBE
Ken-ST Moderator: db did you short TECD already?
j5 market taking a dive
DavidBer Nah-I thought about it though
Scott-ST Moderator: gm Johnboy
Ken-ST Moderator: Market still same level j5
ellagero has entered DayTrading Chat
Cale g
Ken-ST Moderator: ellagero gm
Cale m
Ken-ST Moderator: gm cale
Ricky Suggested stop for AAPL?
DavidBer I didn't get my SNDK newsletter
JQ Hey dingdong
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JNPR 21.43
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JNPR 21.43
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JNPR 21.43
Scott-ST Moderator: LOD Ricky 87.10
Cale gm JQ
DavidBer Liz makes me happy in my pants
Ken-ST Moderator: lol
Ken-ST Moderator: pants getting tight ?
ggosu TECD LOD
Ken-ST Moderator: looks valid now
Ken-ST Moderator: gj
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on
TECD 41.69
Ken-ST Moderator: Watching for Type B Short at new low of the day on
TECD 41.69
Ken-ST Moderator: Watching for Type B Short at new low of the day on
TECD 41.69
kami has logged out
Newbie do we have a stop on aapl?
Scott-ST Moderator: 87.10
Newbie oops I see it
jvt left chart not wokring?
Ricky Scott, is the stop on AAPL the LOD, less than .5% below entry?
Scott-ST Moderator: very slow updating
djg jnpr stop?
Ricky Try no updading at all for me.
eddie has logged out
ggosu yes, sorry for pestering, but please work with your web hosting co.
eddie has entered DayTrading Chat
Ken-ST Moderator Update!
paydsyrick aapl stop
Ken-ST Moderator: UPDATE: Moving stop on JNPR 21.16
jy has logged out
Ken-ST Moderator: UPDATE: Moving stop on JNPR 21.16
Ken-ST Moderator: UPDATE: Moving stop on JNPR 21.16
jy has entered DayTrading Chat
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on
FMCN 64.49
Ken-ST Moderator: Watching for Type B Short at new low of the day on
FMCN 64.49
Ken-ST Moderator: Watching for Type B Short at new low of the day on
FMCN 64.49
Ken-ST Moderator: Market still in recent range gang
Ken-ST Moderator: trading range of past 3 or 4 days
chrysler Forgot to watch GOOG this morning and see that it broke above 500
now.l
Ken-ST Moderator: yeah its trading new territory
Ken-ST Moderator: its on its first break here. Its risky to play it on first
break
chrysler That's the bad part about trying to trade on 2 different computers
(1 in town and 1 in the country) as I have an alert on my other system to let
me know when the 500 barrier was broken but I forgot to do the same on my other
system!!
Ken-ST Moderator: ADBE new hod
jvt what stocks are we in besides jnpr and aapl? my left chart isnt updating
Ken-ST Moderator: thats all we are in
JP That's it JVT.
Ken-ST Moderator: Scott is into Star Trek, but thats something different all
together
DavidBer Why did they take her glasses off!!! Bastards
paydsyrick stop on aapl? no update
jvt goog
Ken-ST Moderator: payday, its the lod
gordiehowe my left chart is not updating
Scott-ST Moderator: its real slow
limey Are we going to bother to trade on Fri ?
Ken-ST Moderator: perhaps not
Scott-ST Moderator: Yep we will be here
Scott-ST Moderator: LOL
Ken-ST Moderator: lol, Scott will be here
Ken-ST Moderator: it may be slow
Scott-ST Moderator: the right hand has no clue what the left hand is doing
Ken-ST Moderator: if market still in range, it wont be worth it
Ken-ST Moderator: market is only open half a day on Fri
jvt this jnpr is one weak stock
limey I will sleep in then
Ken-ST Moderator: thats a good idea.
ggosu has logged out
limey looks like every stock is weak today and wed will be worse low vol
chrysler limey is telling us he will sleep in on Friday but we all know that
he is going to be shopping at 5:00AM somehwere to grab those store specials.
Ken-ST Moderator: lmao chrysler
chrysler I've viewed all the ads already but can't see anything that I can't
live without so I'll just stay home that day.
limey Internet shopping only
Ken-ST Moderator: I am going to try and see if I can avoid all malls this season
and do everything online.
limey Got 1% out of CHKP
Ken-ST Moderator: very nice limey
chrysler Thankfully our family (now) only gets gifts for neices/nephews/grandchildren,
otherwise since I'm #9 of 11 kids, we had a hard tim trying to buy for just
my brothers & sisters!
limey only bought a 1000 though
Ken-ST Moderator: note, that if JNPR does stop out, we will issue a short at
a new lod for that stock
Ken-ST Moderator: be aware
Ken-ST Moderator: 21.09 would be the tirgger
Ken-ST Moderator: lets hope we wont have to go there
Ken-ST Moderator: its still in trend
Ken-ST Moderator: right now
DavidBer It needs some legs
limey Schwab let me get 200 of the AER IPO up now but I have to keep it 30
days or I cant get any more IPO,s for 90 days
DavidBer how nice of them . . . NOT
Ken-ST Moderator: its like keeping you locked in a building that could possibly
catch fire
Ricky It's like you can't change the channel on TV until Sex In the City, that
your wife is watching, finishes.
Ken-ST Moderator: lmao Ricky
Ricky I'd rather be in the buiding.
Ken-ST Moderator: hahhaa
Ken-ST Moderator: AAPL new hod
Jim go aapl
Ruben Would you please fill the chart with the other stocks?
Ken-ST Moderator: still working on it Ruben
Scott-ST Moderator: yep Working on it
DavidBer Feed the hamster!
Scott-ST Moderator: [img id=em-11] I think we fed them too much
DavidBer well, put a picture of liz in front of the wheel.
Scott-ST Moderator: I dont want them to get scared
DavidBer So . . .Ken, I need to cancel my account - Scott is insulting me!
:)
Ken-ST Moderator: lol
Scott-ST Moderator: hands DavidBer a tissue
JQ Iam telling you Chinchillas will work harder on less food if they stop working
you can skin them Great Scott
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in JNPR
Ken-ST Moderator: STOPPED Consider exit in JNPR
Ken-ST Moderator: STOPPED Consider exit in JNPR
jvt stupid jnpr
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on
JNPR 21.09
Ken-ST Moderator: Watching for Type B Short at new low of the day on
JNPR 21.09
Ken-ST Moderator: lol jq
Ken-ST Moderator: TECD is approaching as well
jvt whast the alert for that?
Cale good call JQ
jvt tecd
Ken-ST Moderator: 41.69 short trigger on TECD
DavidBer it would be 41.69
Scott-ST Moderator: AAPL still Running up
Ken-ST Moderator Update!
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
Scott-ST Moderator: thats 87.51
kcooksley has logged out
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eddie has entered DayTrading Chat
j5 jnpr
j5 hehe tease
Scott-ST Moderator: Still in Trend
Scott-ST Moderator: CHKP finialy paused
j5 wow market taking dive
Ken-ST Moderator: lol j5
Scott-ST Moderator: finally
Scott-ST Moderator: fingers are very cold
Ken-ST Moderator: I think it just looks like that because of the tight chart.
It really is just moving down just over a point
j5 hehe, falling asleep
j5 come on baby trigger taht
Scott-ST Moderator: wake up
Scott-ST Moderator: j5 tell me what you are going to do on Thursday??
Cale Bronco game in the Evening
Cale should be a good game
j5 hahaha, lmao
j5 really don't know, lol
Scott-ST Moderator: eat turkey with lots of Tryptophane?
JP Bronco LOSS in the evening.
JQ You mean the Orange Flush??
j5 lol
Scott-ST Moderator: lol JP
j5 jnpr, maybe
j5 or manybe not
jvt this jnpr is a teaseeeeeeeeee
Scott-ST Moderator: 3 games on Thurday
Scott-ST Moderator: lots of football thats for sure
del is jnpr still good at 21.09
Ken-ST Moderator: Yes
del ?
jvt yes
j5 there we go
jvt 21.09
jvt 2 more cents
Scott-ST Moderator: Miami at Detroite then Tapma at Dallas and last Denver
at KC
jvt huh
Ken-ST Moderator: wow, I am just used to 2 nfl games on Turkey day
j5 hehe, who could possibly be buying jnpr, hehe, pretty risky,
eddie anyone who listens to jpmorgan is buying jnpr
limey JNPR close
jvt it's a tease
jvt jnpr
j5 gotcha, at lod is a bargain i guess then
jvt some market maker is being a ...... wont let jnpr go down
Ken-ST Moderator Update!
jvt aapl
j5 that's it jvt, they're accumulationg
Ken-ST Moderator: STOPPED Consider exit in AAPL Breakeven
Ken-ST Moderator: STOPPED Consider exit in AAPL Breakeven
Ken-ST Moderator: STOPPED Consider exit in AAPL Breakeven
Pontiff has logged out
Ruben ok. bye. see you tomorrow
Ken-ST Moderator: ok Ruben, have a good one bro
Scott-ST Moderator: Take Care Ruben
Ruben Thanks Scott
Ruben and Ken
jvt is it a half day tomorrow? for the chat room?
Scott-ST Moderator: more then likly jvt
Scott-ST Moderator: it will be very slow
Ken-ST Moderator: not scheduled for that right now. We'll see how it is in
the morning though.
Ken-ST Moderator: I just wanted to contradict Scott
Scott-ST Moderator: [img id=em-0]
chrysler I'm suffering severe emotional stress after seeing Scott stick his
tongue out at me like that!
ggosu has entered DayTrading Chat
Ken-ST Moderator: wb ggosu
Ken-ST Moderator: it can get a lot worse chyrsler
circa63 have a good day everyone....
circa63 has left the room
ggosu Guys, not to sound like a broken record.
ggosu .But I cannot recommend this site to my friends and co-workers if I cannot
login
ggosu Please work out the technical issues
ggosu ask for more bandwith, more servers
jvt wierd i have no problem signing in
jvt but the left chart is awful
ggosu I am sorry for being persistent..but I was not able to login this morning...
DavidBer ggosu you are sounding like a broken record - is this gonna be a post
by you every hour on the hour?
ggosu My whole day is dependent on opening 15 mins
j5 go baby go
benbeth really
j5 could it be jnpr
Jen JPM standing on the bid
ggosu yup, sorry davidBer, but my whole day is ruined if I cannot login at
9:15 am
C6 has entered DayTrading Chat
j5 it doesnt matter, the cheaper the beater for them
Scott-ST Moderator: understand ggosu, we are working on it
ggosu thanks a lot
ggosu I appreciate it
DavidBer ggosu - I had issues logging in as well - I was able to get in 5 mins
before market open. Voila, crisis averted.
Scott-ST Moderator: its just not very easy
jvt i have no problem loggin in
jvt i log in at 8 15 am
benbeth has left the room
j5 grrr, i'll be loggin in at 7:15 then :P
jvt haha
ggosu hehehe
jvt yea trying to find some premkt traders but no one here
j5 im kidding, usually log in around 9:15
Ken-ST Moderator: we have been working on changing servers for some time now
Ken-ST Moderator: there is a lot of testing we need to do before we move over.
ggosu Yes, if you are trying to expand business..this is very crucial
Ken-ST Moderator: I know nothing about it.
Ken-ST Moderator Update!
Ken-ST Moderator: CANCEL ALL TYPE B ALERTS
Ken-ST Moderator: Cancelled until 1:00 pm est
tc has logged out
Ken-ST Moderator: we will look at them again then
jharms has logged out
chrysler Take care everyone, may or may not be back this week as famliy takes
priority over stocks.
hk has logged out
Ken-ST Moderator: ok chrysler
j5 yeah that's what is all about, just here to make ends meet
Scott-ST Moderator: later Chrysler
Ken-ST Moderator: have a great week man
chrysler has left the room
bullmarket has logged out
2thdr has logged out
ggosu so, ken and scott, is the chat available on wednesday and friday morning
del has logged out
Ken-ST Moderator: Wednesday morning for sure. Friday is questionable. It depends
on where the market is
Scott-ST Moderator: Just so you all know the Room is Open 24x7. Feel free to
stay after hours to discuss any stocks of intrest or Earnings
j5 has logged out
benbeth has entered DayTrading Chat
alex has entered DayTrading Chat
Scott-ST Moderator: wb
Scott-ST Moderator: okay I have to ask, has anyone ever tried to deep fry their
Turkey?
alex ty
Jen yes, went back to the old fashioned way. Messy, dangerous, and didn't come
out as good
Ken-ST Moderator: I heard a lot of garages catch fire from that
Scott-ST Moderator: I was wondering, I have a friend who said it was a much
better turkey but I just am not sure
Ruben has logged out
Scott-ST Moderator: he said the Cajun one was very good
Scott-ST Moderator: I just dont want to stand outside to cook my Turkey
Scott-ST Moderator: and I really shouldnt use the word cook as much as Deep
Fri
Jen we did in on the stovetop but it was more work, more mess than just sticking
it in the oven and covering with foil. VoilaQ
Scott-ST Moderator: how long do you have to cook it for when you deep fri it?
Jen don't remember, google search would tell you. I would suggest oven but
cover with a layer of salt pork and cover with foil!
Scott-ST Moderator: Yep thats what we are going to do, we are going to shoot
for a Brine recipe
Scott-ST Moderator: and pop it in the oven
dp has entered DayTrading Chat
Jen oh, I'm getting hungry just thinking about it!
Scott-ST Moderator: lol
Scott-ST Moderator: cant beat the price
Jen truly
Scott-ST Moderator: 14 lbs Turkey for $11 bucks
Jen we got ours free because of cumulative store purchases, 20 lbs!
jvt room is open 24/7?
Scott-ST Moderator: jvt, yes you can be here anytime you want
Scott-ST Moderator: 20lbs wow
Scott-ST Moderator: you must have a huge oven
Jen just have to take a shelf out
Brian has logged out
Scott-ST Moderator: ah
Ricky has logged out
Brian has entered DayTrading Chat
jvt i thought 20 was average
ellagero has logged out
JQ Ken/Scott were is a good place to read up on E-mini trading
Ken-ST Moderator: I have not read anything on it
David-Harmon Trading has entered DayTrading Chat
Ken-ST Moderator: sorry
Ken-ST Moderator: GA David
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.
David-Harmon Trading hi
Ken-ST Moderator: what kind of info do you want JQ?
JQ you will teach every thing we need
ggosu E-mini...http://www.cme.com
JQ to know
ggosu http://www.cme.com/edu/
JQ tks ggosu
DavidBer has logged out
dnt has logged out
Ken-ST Moderator: to me, there really isnt much you need to know about it if
you are just going to trade it
Ken-ST Moderator: Its just like a stock really.
ggosu yup, with each point move, the change per contract is $50
ggosu for E-mini
ggosu S&P
ggosu for dow it is $5
ggosu ES moves in 0.25 increments, dow in increments of 1
ggosu ofcourse, its very addictive:-)
Ken-ST Moderator: I trade just the ES.
Ken-ST Moderator: There is a bid and ask just like stocks.
JQ tks
Ken-ST Moderator: Most brokerages require you to have $500 in yoru account
to buy 1 contract.
Ken-ST Moderator: 1 contract is the equivalent of buying 500 shares of the
SPY
Ken-ST Moderator: so you can see the extreme leverage involved.
Ken-ST Moderator: $500 to buy the equivalent of 70k of SPY stock
ggosu yes, the futures market has taken off...everybody is trading the E-mini.
thats why I am long on stock of CME
Ken-ST Moderator: You get direct movement wiht the market. Market goes up 1
point, futures goes up 1 point. Every point profit you make on a contract,
that is $50.
JQ when does trading-chat start Ken
Ken-ST Moderator: I am shooting for December 1st.
Ken-ST Moderator: We will be announcing a 1 week trial.
JQ Cool sounds good
ggosu sorry, trading chat for?
ggosu E-mini?
Ken-ST Moderator: yes
Ken-ST Moderator: market making a little surge here
ggosu hey ken, any discounts on E-mini chat for daytrade users?
Ken-ST Moderator: There will be a special cost for two rooms
ggosu yappeepieee
Ken-ST Moderator: I've said this many times before. This is my best suggestion.
Equities provides the best opportunties in the first hour. After that its all
futures.
Ken-ST Moderator: My futures trading does not involve much trading in the first
hour
Ken-ST Moderator: Its mostly from 10:30 on
garry has logged out
ggosu some exchange stock are doing great - CME, NYX, ISE, BOT.
hiphugger has logged out
paydsyrick Ken is there going to be a autotrading:futures?
Ken-ST Moderator: Right now nothing is setup. but looking at other alternatives
ggosu VIX at a 6 months low
del has entered DayTrading Chat
Ken-ST Moderator: VIX is riduculously low
Ken-ST Moderator: before 18 was really low
garry has entered DayTrading Chat
gosu has entered DayTrading Chat
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ggosu has logged out
gosu so do you have time zones for futures trading as well?
gosu ok got it
gosu equities in the first hour and futures after that
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j5 how long does it take to thaw a whole turkey, anybody?
j5 like 10-15 lbs, need to check exact weight
jvt MA
jvt new highs
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j5 brb
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gosu nyx too
gosu GS
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Ken-ST Moderator: back
Ken-ST Moderator: not sure j5
Ken-ST Moderator: I have never cooked a turkey
JQ wb
Ken-ST Moderator: ty
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Ken-ST Moderator: ok slowly rolling out of hte lunch period here
Ken-ST Moderator: market near overbought
Ken-ST Moderator: we may open possible short alerts early
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j5 not sure?
j5 oh, lol
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jvt i guess goog made the 1% move from the 500
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Ken-ST Moderator: note the nice trend aobve the 20 EMA for goog
Ken-ST Moderator: nothing looks good
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j5 tecd at lod?
Ken-ST Moderator: yeah that is a valid setup, but its not really that close
j5 yeah not that close
paydsyrick akam
Scott-ST Moderator: TECD seems very dry this afternoon
Ken-ST Moderator: AKAM in trading range
paydsyrick ok, thanks
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Scott-ST Moderator: we will take a close look at AAPL
Ken-ST Moderator: wb del
j5 i don't see how cmcsa is even in the list?
Scott-ST Moderator: it looks like it needs a bit of a pull back with the markets
in an over bought condition
del thnks
Scott-ST Moderator: CMCSA had a gap up premarket
j5 ic
j5 aapl at hod?
j5 or is it a long shot?
Ken-ST Moderator: its extended
Ken-ST Moderator: market still in range
Ken-ST Moderator: risky
j5 yes i can see how it might be risky, what would you like to see b4 issuing?
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Ken-ST Moderator: a trending market. or less overbought stochastics
j5 cool, that's kind of what i was thinking, learning from the master ...i
j5 hehe, look at that spx candle
j5 spx looks extremly sideways today, also that micro lunch time rally could
lead to a micro reversal
j5 i guess we are in that micro reversal lol
j5 wow aapl, no bulls to be seen
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Ken-ST Moderator: no market support
Ken-ST Moderator: the market is not trending
Scott-ST Moderator: See AAPL coming down to the 20 ema?
Scott-ST Moderator: the volume has dropped way off in the markets
Scott-ST Moderator: I would be suprised if we see 1/2 the volume tomorrow
Scott-ST Moderator: no sence in forcing a trade when you dont need to, Right?
j5 yeah very hard to trade, plus with the holiday, i bet many are just staying
of the markets
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Ken-ST Moderator: yes
Ken-ST Moderator: market in total range
j5 yeah, never force, that's just gambling,
Scott-ST Moderator: [img id=em-4]
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j5 spx staying above hourly 5ema it seems
gosu thats why we are here...so that we dont gamble:
j5 and on daily
j5 yep gosu, you just need a plan, and stick to it
j5 ken, market assesment, pls
Scott-ST Moderator: the Markets are right in sideways Range with very little
volume
Scott-ST Moderator: sideways to a slight up trend
j5 i thought we didn't use volume?
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Ken-ST Moderator: we do not monitor volume. When Scott says that he means very
little activity
JQ Oh!!! BY the way Great Scott once you eat fried turkey you will never eat
it another way
j5 yes ok, that's what i though, np
Ken-ST Moderator: Daily chart: uptrend
Ken-ST Moderator: Hourly Chart: uptrend
Ken-ST Moderator: 5 min chart: uptrend
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Ken-ST Moderator: however please note that the intraday makret is in hte same
range for past 4 days
Ken-ST Moderator: that makes it tough gang
Ken-ST Moderator: as more time passes in the same range, the trading will get
tougher and tougher
j5 ken, basically, you're putting more enphasis on the "previous range" that
the daily, hourly and 5m trends, right?
j5 is that right? oh wise one
Ken-ST Moderator: the MAs tell us what the trend is. I point out the fact that
we are in the previous 4 trading days range to warn traders
j5 really, just trying to learn that's all, thanks for all your comments
Ken-ST Moderator: sure no problem at all
Ken-ST Moderator: makes things as easy as possible
j5 right, so the previous days range is quite importatn you're saying
Ken-ST Moderator: look at the market to see what the trends.
Ken-ST Moderator: yes j5
Ken-ST Moderator: Notice we do not trade stock in the previous days range
Ken-ST Moderator: its always better to trade a stock out of that range
j5 so, being in previous days range, we would use tightest stop
Ken-ST Moderator: trading in recent ranges produces choppy trends
Ken-ST Moderator: in range trading, I would say looser stops and smaller profits
Ken-ST Moderator: that is an unfavorable setup, which is why its not good to
trade it
Ken-ST Moderator: while in a range
j5 cool, the same way the setups for the individual stocks gapping, we would
want the market out of previous range, gotcha
Ken-ST Moderator: exactly
Ken-ST Moderator: no areas mean, no support or resistance to impede the trends
Ken-ST Moderator: also, you want to trade stocks that are trending.
Ken-ST Moderator: you can trade stocks that are range bound, but you need a
specific strategy for that
j5 cool, thanks ken, this info is worth a few %points right there, i appreciate
it
Ken-ST Moderator: cool
Ken-ST Moderator: I can explain and get the point across a lot better. its
hard in this chat room.
j5 so go ahead and put in a couple of %point in the chart, lol, j/k
Ken-ST Moderator: We will be doing online seminars very shortly
Ken-ST Moderator: lol
j5 really, wow, count me in
gordiehowe does anyone utilize trading software that allows you to place your
orders directly on the chart?
j5 yeah, range bound, that would be interesting if only to learn the info,
not necesarily to trade it
j5 gordiehowe?
j5 like cliking on the chart?
Ken-ST Moderator: I have not seen gh
gordiehowe yes order entry right on the chart
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j5 i'm not 100% sure what you mean?
j5 most platforms allow you to click on the chart, or use speed keys when the
chart window is selected
gordiehowe i mean click on the chart and place your orders
gordiehowe i use trade station and i cannot place an order by clicking on the
chart, however it displays my orders on the chart
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j5 yeah, on etpro, you can click on any point in the chart and will fill that
price, im sure other platfomrs do that as well
j5 fill=prefil the order window, then jsut click submit, you might be able
to bypass that so it goes straight out
gordiehowe etpro? never heard of it, I'll have to look it up
j5 beware, ken does not recommend etpro= etrade pro
Ken-ST Moderator: lol
j5 try das demo, is free try, you can fantasy trade to learn the platform
gordiehowe j5, does your platform allow placing orders directly on the chart?
j5 hehe, just a disclaimer ken, lol
j5 can you refrase: "directly *on* the chart" i'm not 100% sure what
you mean
j5 ken, it reminds me, how's the electronic trading platform video coming along?
(and pls don't say: what video)
Ken-ST Moderator: still in progress
Ken-ST Moderator: i am working it into the online seminar
gordiehowe ie:if i wanted to buy aapl at 88.00 i would click that point directly
on the chart similar to drawing a horizontal line. Right now in TS i can draw
hor lines, it would be cool to draw that line and make it an order
j5 cool, any idea when...
j5 oh, ok cool
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Ken-ST Moderator: the seminars will be available in December some time. or
Jan 1
j5 yep that works on etpro, i havent' used it yet,
j5 cool ken, live? what times roughly are you thinking
gordiehowe is etpro direct acces platform?
j5 yes
Ken-ST Moderator: it will be 3 or 4 days long and hosted after the market closes
j5 or ken might say, semi_direct, it's not so bad for me
j5 wow, nice, sounds expensive?
Ken-ST Moderator: I will be going over our strategies, assessing markets, Executing.
Also will review the trades that day.
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j5 yeah very nice, ken, looking forward to them, hopefully it can fit my schedule.
What like an hour a day or so
Ken-ST Moderator: Voice Chat with Visual charts and stuff. Makes it better
to explain
Ken-ST Moderator: 2 hours
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Ken-ST Moderator: plus a free month of chat room to watch us implement the
strategies
DavidBer Ken - the emini chat software?
j5 ok 2hrs a day, like 4-6 est for 3-4 days, hmm yeah maybe
Ken-ST Moderator: which is what you are doing here
Ken-ST Moderator: yes that software DB
DavidBer sucks that it doesn't work on a mac
j5 come david, get over it ,lol
j5 j/k, you don't have any pcs?
j5 or upgrade to the newer macs, you can ran windows in some of the new macs
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DavidBer I have both - a lot more pc's than mac's. I just like to move to my
mac on occassion
gordiehowe tecd close to lod
DavidBer j5 - that statement is a joke - upgrade your truck to a z4 so that
you can handle corners better is about the same as that comment :)
j5 i hear ya, i used to be a die hard mac guy, noadays, i mostly use pcs, which
work just fine for the most part
j5 lmao, it's true david i agree, but what the heck, you do get my point though
johnboy have a terrific evening everybody, thank you for the day Ken/Scott
DavidBer My machine I am now has a 21 and a 30 inch monitor on it - the 21
is for this chat - the 30 for chart/trades
Ken-ST Moderator: lets issue TECD
Ken-ST Moderator Update!
JQ GO
Ken-ST Moderator: Watching for Type B Short at new low of the day on
TECD 41.66
Ken-ST Moderator: Watching for Type B Short at new low of the day on
TECD 41.66
Ken-ST Moderator: Watching for Type B Short at new low of the day on
TECD 41.66
Ken-ST Moderator: have a good one JB
DavidBer tecd lost all it's volume :(
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Ken-ST Moderator: wb jharms
2thdr tecd
jharms tecd triggered
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short TECD 41.66
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short TECD 41.66
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short TECD 41.66
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gordiehowe what is stop on tecd?
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on TECD 42.15
Ken-ST Moderator: UPDATE: Moving stop on TECD 42.15
Ken-ST Moderator: UPDATE: Moving stop on TECD 42.15
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Scott-ST Moderator: later JP
Scott-ST Moderator: Okay Gang whats Cooken out here?
Scott-ST Moderator: anyone home?
Scott-ST Moderator: anyone awake?
Scott-ST Moderator: Hello, is this thing on?
Scott-ST Moderator: test 1 2 3
Scott-ST Moderator: what? was that a pin dropping?
Scott-ST Moderator: *** Cricketts ***
Ken-ST Moderator: eeek eek
Scott-ST Moderator: [img id=em-6] wow a person
DML hello :)
jharms kjnjnj
Scott-ST Moderator: I feel like I am in a twilight show and am the only one
on the planet
Scott-ST Moderator: hello DML
jharms just to let you know I'm alive
Scott-ST Moderator: hello jharms
Scott-ST Moderator: good good
Scott-ST Moderator: but its okay I am used to talking to myself
Scott-ST Moderator: just ask Ken
jharms I think we're all giving you the silent treatment cuz TECD isn't going
the right way.
jharms Kind of childish, but very fun.
Ken-ST Moderator: lol
DML need to ring the register every few hours , keep everyone awake :)
DML anyone pick up a Wii or a ps3?
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Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SWINGTRADES
548.92
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SWINGTRADES
548.92
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SWINGTRADES
548.92
Scott-ST Moderator: [img id=em-0]
Scott-ST Moderator: Like that?
j5 you guys going public?
JQ It is ok to talk to yourself but if you start anwsering back you may have
a problem Great Russian Scott!!!
Scott-ST Moderator: IPO Price of $550
Ken-ST Moderator: lol
Scott-ST Moderator: lol JQ
j5 is that class A?
Scott-ST Moderator: nope have to start at a class D
Ken-ST Moderator: TECD still nicely in trend
Jim tecd nice jump down
JQ I would like to see a little more down in that trend Boss!!!
jharms needs to break .52
Ken-ST Moderator: will do
j5 he didn't say the trend was down though
Ken-ST Moderator: Ill make some calls
j5 lol
Scott-ST Moderator: [img id=em-10]
JQ Great Scott do you have some Chincillia skins on the wall from this morning???
Scott-ST Moderator: nothing but hamsters
JQ LOL
Scott-ST Moderator: armageddon
Scott-ST Moderator: Armageddon!!!
Ken-ST Moderator: lol
JQ L M A OOOOOOOO
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on TECD 41.88
Ken-ST Moderator: UPDATE: Moving stop on TECD 41.88
Ken-ST Moderator: UPDATE: Moving stop on TECD 41.88
Scott-ST Moderator Hi
JQ Ken WHO in the hell did you call??
Scott-ST Moderator: lol
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Ken-ST Moderator: Lisa Williams
Ken-ST Moderator: Medium and Clairvoyant
Ken-ST Moderator: lol
Ken-ST Moderator: I was just watching her show last night
Ken-ST Moderator: love it
Scott-ST Moderator: One Hour
JQ lol will there be a surcharge for that LOL
Ken-ST Moderator: 7 years or so ago, I was a skeptic about those sort of things,
but now that I know how it works, I am a believer that people have that ability.
Ken-ST Moderator: we all have that ability to one extent or another
Requesting private chat with Ken-ST Moderator
j5 what ability? to make phone calls?
Ken-ST Moderator: if you are a skeptic, you should watch her in action. She's
fun to watch
Ken-ST Moderator: she is a phychic
JQ Ken I can clearly see your crystals
JQ lol
Ken-ST Moderator: lmao, geez were you in vegas?
JQ LMAO
j5 why you don't remeber much of vegas do you
j5 lol, j/k
Ken-ST Moderator: just about half of it
JQ nope and I dont have the russian flu either
Ken-ST Moderator: lol
JQ right Scott??
j5 hey don't have to tell me, what happensin vegas...
Ken-ST Moderator: right
JQ It is funny every time we start talking about Vegas Great Scott gets lock
jaw
JQ or finger lck if you will
gosu tecd LOD
Ken-ST Moderator: haha
j5 lmao
JQ Ranger Rick wouldnt be able to talk if he didnt have arms
Ken-ST Moderator: flat support on TECD will have to give one way or another
Ken-ST Moderator: we have a tight stop either way
Cale later taters
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JQ laters cale
ALEX has logged out
Ken-ST Moderator: hi alex
Ken-ST Moderator: bye Cale
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JQ wb
gosu alright guys..c u tommorow..please come on friday.even if for opening
15 mins..please
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JQ laters
gosu Dont hate me
Ken-ST Moderator: ok gosu we will see, but sometimes the best trade is no trade
Ken-ST Moderator: and that is how we trade, and what I would like to suggest
for others
Ken-ST Moderator: we dont hate here.
Ken-ST Moderator: we boooot
gosu right. u guys just tell us the stocks to watch..
gosu Friday
Ken-ST Moderator: lmao, jk
Scott-ST Moderator: I am sure I will be on for a bit on Friday
Ken-ST Moderator: ok gosu that sounds good
Scott-ST Moderator: but not Thursday
JQ Great Scott your BACK??
JQ SCOTT!!!!
JQ did you tell Ken about your performance as lead trader??
JQ last friday??
JQ I promise I wont say anything about Vegas!!
Ken-ST Moderator: yeah he is the man
Scott-ST Moderator: last Thursday?
Scott-ST Moderator: yeppers, Ken got the ear full about my awesome 4+%
Scott-ST Moderator: finally he said "[i]Dude I get it, you did well now
get over it[/i]"
Ken-ST Moderator: haha
JQ Ken I couldnt even trade his chest had my monitors blocked
JQ LOL
Ken-ST Moderator: lol
Scott-ST Moderator: LOL
Scott-ST Moderator: I was Huge!!!
JQ Ken you may have to get yor money back from Williams
Ken-ST Moderator: nah
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Ken-ST Moderator: we have an ideal stop level
Ken-ST Moderator: we have a MA crossover down and a smooth trend under the
20 EMA
Ken-ST Moderator: problem is there is just 30 minutes left
Ken-ST Moderator: There is still time to make magic happen
Ken-ST Moderator: its a great setup
Ken-ST Moderator: you will see nice action once the 41.50 area is breached
JQ good news bad news lol
JQ Ken you didnt see blk lbl setting on a street corner when your were in Vegas
did you???
Ken-ST Moderator: I may have. I saw a lot of guys that fit his m o
Ken-ST Moderator: ok gang, lets see that TECD come home now
Ken-ST Moderator: plus, I was only coherent 50% of the time
j5 come on baby
j5 where's cale when you need her
JQ sounds like you boys had great time
Ken-ST Moderator: yeah it was a blast
Ken-ST Moderator: i feel really unhealthy though now
Scott-ST Moderator: j5 I think Cale is a he
j5 she is a he, im confused
Ken-ST Moderator Update!
Ken-ST Moderator: CANCEL ALL ALERTS
Scott-ST Moderator: [img id=em-0] Crazy Day
j5 so ken, what's the official on exiting at end of day?
Scott-ST Moderator: unless it Triggers before then
Ken-ST Moderator: we usually keep tightening hte stops
gordiehowe when you say cancel all alerts does that mean close any open positions
such as tecd?
Ken-ST Moderator: the stop is tight already though
Ken-ST Moderator: and I still feel we may hit target
Ken-ST Moderator: no gordie, just the alerts are canceled
JQ thats great j5 cant wait to tell Cale he is a heshe
Ken-ST Moderator: not the positions