Circa63 has entered DayTrading Chat
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Circa63 GM all
Jen gm
bullmarket need a good day after Tuesday....-5.0%
Pontiff gm ken scott gang
Scott-ST Moderator: gmPontiff
Ken-ST Moderator: gm Circa, dnt, bullmarket
Scott-ST Moderator: *
**********************************************************
********** Good Morning Everyone
********** Wednessday November 29th 2006
**********
It's a job that's never started that takes the longest to finish.
- J. R. R. Tolkien
**********************************************************
j5 has entered DayTrading Chat
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Ken-ST Moderator: gm j5, qweqwe, JQ
j5 gm all
qweqwe gm all
JQ gm gang
j5 new home sales and crude inventories reports coming at 10am, do you guys anticipate any impact on trading?
Ken-ST Moderator: need to reboot. brb
j5 ok
Scott-ST Moderator: good morning j5
Scott-ST Moderator: good morning JQ
j5 heya scott
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Ken-ST Moderator is no longer a moderator
jy gm
Cale GM
j5 hey cale
Ken-ST Moderator has logged out
Cale gm j5
j5 cale you trading today?
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nm gm all
Scott-ST Moderator: GM nm
ggosu Lots of gaps plays.
Cale ya I am gong to give it a go
j5 cool
Cale I am a bear though
j5 ic
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Ken-ST Moderator has become a moderator
Scott-ST Moderator: wb
Ken-ST Moderator: ty
ggosu futures looking up
JQ wb
Newbie GM
j5 whicht economic reports do you guys think make traders hesitate?
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DavidBer all
Ken-ST Moderator: gm Traders!
benbeth has entered DayTrading Chat
j5 really? are you worried about today's: new homes and crude inventories?
benbeth gm
Scott-ST Moderator: **** OPENING BELL - Good Trades Everyone ****
Scott-ST Moderator: **** OPENING BELL - Good Trades Everyone ****
Scott-ST Moderator: **** OPENING BELL - Good Trades Everyone ****
Scott-ST Moderator: **** OPENING BELL - Good Trades Everyone ****
Scott-ST Moderator: **** OPENING BELL - Good Trades Everyone ****
JP A slight change in the wind makes traders hesitate.
Ken-ST Moderator: ***********Market Assessment**********
Daily Chart: Above the 5 day EMA, Stochastics in downtrend
Hourly Chart: downtrend with 20 EMA below the 50 EMA
5 min Chart: Uptrend with 20 EMA above the 50 EMA

Futures are currently up 4.00 points. Overall market trend still to the downside.
Scott-ST Moderator: lol
DavidBer Someone farting in a room gives traders hesitation
j5 cool, btw, that wasn't me,
Circa63 lol
j5 good trades
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
DavidBer insp
Ken-ST Moderator: TYPE A Trade (Breakdown). Consider Short INSP 19.42
Ken-ST Moderator: TYPE A Trade (Breakdown). Consider Short INSP 19.42
Ken-ST Moderator: TYPE A Trade (Breakdown). Consider Short INSP 19.42
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short INSP 19.42
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short INSP 19.42
allegro_bob catch the opening drop on sndk cale?
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on AMLN 40.23
Ken-ST Moderator: Watching for Type B Short at new low of the day on AMLN 40.23
Ken-ST Moderator: Watching for Type B Short at new low of the day on AMLN 40.23
Cale allegro I missed that
Cale damn
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on FMCN 72.01
Ken-ST Moderator: Watching for Type B Buy at new high of the day on FMCN 72.01
Ken-ST Moderator: Watching for Type B Buy at new high of the day on FMCN 72.01
kima has entered DayTrading Chat
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on ARNA 13.43
Ken-ST Moderator: Watching for Type B Short at new low of the day on ARNA 13.43
Ken-ST Moderator: Watching for Type B Short at new low of the day on ARNA 13.43
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 FMCN 72.01
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy FMCN 72.01
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy FMCN 72.01
allegro_bob sndk
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on FMCN 71.24
Ken-ST Moderator: UPDATE: Moving stop on FMCN 71.24
Ken-ST Moderator: UPDATE: Moving stop on FMCN 71.24
Ken-ST Moderator: ABBI still in range
ggosu MBT HOD
allegro_bob snda nice long
jvt no dvax chop chop
ggosu MBT?
Ken-ST Moderator: hesistant on that one due to its spread
Ken-ST Moderator: and listed status
allegro_bob sndk still down
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SNDA 18.90
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SNDA 18.90
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SNDA 18.90
Cale bob I shorted it
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 24.95
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 24.95
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 24.95
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 24.95
allegro_bob good job Cale
jvt 24.97? sigm
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 24.97
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 24.97
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 24.97
Ken-ST Moderator: TY JVT
bullmarket SIGM I'm sure will hit
Cale is Erin Looking good in the Turtleneck or what???
Cale OMG
Ken-ST Moderator: NAH
DavidBer not worthy of a schwing
JQ she looks like Cramer keep her up ALL night
Cale grrrr
Cale brb
Cale has logged out
DavidBer We made him cry
JQ See how flat her Big hair is!!!
DavidBer THAT IS WHAT YOU LOOK LIKE IN A TURTLENECK!!!!!
Scott-ST Moderator: LOL
Scott-ST Moderator: you all made Cale Sad picking on Erin
Scott-ST Moderator: he took off
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ARNA 13.91
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ARNA 13.91
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ARNA 13.91
dnt has logged out
Ken-ST Moderator: SNDA Is close
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Ken-ST Moderator: GM JEFF
Ken-ST Moderator: SNDA is close
ggosu AAPL LOD
ggosu AAPL LOD again
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SNDA 18.90
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SNDA 18.90
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SNDA 18.90
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on SNDA 18.49
Ken-ST Moderator: UPDATE: Moving stop on SNDA 18.49
Ken-ST Moderator: UPDATE: Moving stop on SNDA 18.49
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
ggosu Stop at 2.2%
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ARNA 13.91
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ARNA 13.91
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ARNA 13.91
Cale has entered DayTrading Chat
Cale ty
Ken-ST Moderator Update!
Scott-ST Moderator: WB
Ken-ST Moderator: Watching for Type B Short at new low of the day on SIGM 24.22
Ken-ST Moderator: Watching for Type B Short at new low of the day on SIGM 24.22
Ken-ST Moderator: Watching for Type B Short at new low of the day on SIGM 24.22
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short SIGM 24.22
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short SIGM 24.22
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short SIGM 24.22
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short SIGM 24.22
bullmarket not shortable for me....anyone else?
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on SIGM 24.71
Ken-ST Moderator: UPDATE: Moving stop on SIGM 24.71
Ken-ST Moderator: UPDATE: Moving stop on SIGM 24.71
JP Nope, I wanted to short it in the 24.40 area but no go.
DavidBer not for me @ fidelity either
bullmarket Ken....should trades really be counted that we couldn't short...just asking
Ken-ST Moderator: AMLN back into congestion
Ken-ST Moderator: yes bullmarket
DavidBer short inventory is generally broker specific
Cale I was able to get shorts on SIGM
Cale shorted at 24.23 and 24.22
bullmarket o.k...thanks Cale
Ken-ST Moderator: this room here to show how to implement our trading strategy
bullmarket how much $
bullmarket cale
Ken-ST Moderator: also as Cale pointed out, someone may be a ble to short it
Cale 15K
DavidBer bull doesn't matter if it is 1 or 1m shares
bullmarket what do you mean DavidBer
ggosu IB has a good bunch of shorts available
Pontiff cant short sigm on das!!!
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Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on FMCN 71.49
Ken-ST Moderator: UPDATE: Moving stop on FMCN 71.49
Ken-ST Moderator: UPDATE: Moving stop on FMCN 71.49
ggosu AAPL new LOD
ggosu Ken, scott, what is the strategy on AAPL today?
ggosu It has been hitting LODs
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in FMCN
Ken-ST Moderator: STOPPED Consider exit in FMCN
Ken-ST Moderator: STOPPED Consider exit in FMCN
Scott-ST Moderator: ggosu its back into range
Ken-ST Moderator: purely on the intraday setup its a short, however we will avoid due to the fact that it is still in the previous range
Scott-ST Moderator: AAPL would have been a gap up play only
ggosu ok
ggosu thanks. just trying to understand
Scott-ST Moderator: np
Pontiff has logged out
ggosu yup. good to avoid than risk.
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on ARNA 13.71
Ken-ST Moderator: UPDATE: Moving stop on ARNA 13.71
Ken-ST Moderator: UPDATE: Moving stop on ARNA 13.71
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Ken-ST Moderator Update!
jvt snda
Ken-ST Moderator: STOPPED Consider exit in SNDA
Ken-ST Moderator: STOPPED Consider exit in SNDA
Ken-ST Moderator: STOPPED Consider exit in SNDA
del hod on AMLN?
Scott-ST Moderator: del AMLN is right in yesterdays Range now
Scott-ST Moderator: we will avoid
del ok thanks
Jen look at FMCN come back
Scott-ST Moderator: [img id=em-11] no I will not look
jeff4021 are ANY trades gunna be + since ive registered? :(
bullmarket lol
jeff4021 ive lost a fortune following these trades last few days and i get in a better points usually
DavidBer Ahh a new person to blame - Jeff!!!!!!!
Cale well I did okay with SNDK so far
jvt divx on fire
Scott-ST Moderator: yes blame Jeff and not me
Scott-ST Moderator: nice jvt you still in from premarket?
jeff4021 lkol
jvt carried some from yesterday and just got some more there right off the 31 quick 30 cents here and there
jy SIGM 24.5 key level
jvt snda really it did it to me though
nm has logged out
Scott-ST Moderator: okay take care nm
Cale yep me too jvt
Cale grrrr
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on SIGM 24.51
Ken-ST Moderator: UPDATE: Moving stop on SIGM 24.51
Ken-ST Moderator: UPDATE: Moving stop on SIGM 24.51
eddie Jeff..I've been down since you've been here...SIGM sure would help though
jeff4021 yeah....SIGM would be nice but its been red since i got in....
jeff4021 Im eyeing ARNA to get in at 13.86, a BETTER entry point, but i must say im loosin confidence
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eddie Bad days and good days.....
Scott-ST Moderator: yep, just manage your capital so that you can come back and play the next day and expect it to be a good day
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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.
Jen anyone still in FMCN?
Cale Jen, doh I got stopped :(
Cale you still in?
bullmarket got in at 72 and sold at 72.11
Jen nice move bullmarket
DavidBer GJ Bull - I had a partial fill @ 72.20 - got stopped on the rest :(
eddie lol. I had a partial fill at .19 and stopped on the rest
bullmarket on snda got in at 18.94 and sold at 19.98
bullmarket I mean 18.98
bullmarket how many shares did you get David at 72.20
DavidBer not enough to make me happy
bullmarket how many
DavidBer doesn't matter - I generally do not discuss the amount of shares I trade.
Jim another tough day
bullmarket sorry
eddie he'd have to kill you
DavidBer It holds no relevance
Scott-ST Moderator: the markets are very extended
Newbie UGH, bad day not looking to get any better..
nm insp is extending
DavidBer arna is like watching paint dry
jeff4021 i dont think i am even going to get into ARNA, granted its at a lower entry
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Ken-ST Moderator: Market is overbought intraday
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in SIGM
Scott-ST Moderator: STOPPED Consider exit in SIGM
Scott-ST Moderator: STOPPED Consider exit in SIGM
Ken-ST Moderator: STOPPED Consider exit in SIGM
Ken-ST Moderator: STOPPED Consider exit in SIGM
jeff4021 this is CRAZY!
jeff4021 oh...sorry for screaming
Scott-ST Moderator: understandable jeff
jvt got to cut ur losses and have max loss
nm market is a crazy business
Scott-ST Moderator: volumes are going down now
jvt isnt fed mins or ben doing something
Scott-ST Moderator: not today, that I know of
bullmarket (9%) in two days....can we make it (10%)
bullmarket tough couple days
Scott-ST Moderator: Inventories for oil are just out
jeff4021 why do i register on what is turning out to be the worst few days of the year
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Ken-ST Moderator: down just under 4% yesterday
Ken-ST Moderator: but still bad enough
eddie Why do I keep dating psycho women?
Ken-ST Moderator: why dwell on the past?
djg I want the answer to the same question eddie
eddie Jen's probably thinking the same thing!!!
bullmarket arna close to stop
Ken-ST Moderator: what are signs of a psycho woman?
eddie How about "I hate men" after a week and a half of dating. Nothing I did mind you.....
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in ARNA
Ken-ST Moderator: STOPPED Consider exit in ARNA
Ken-ST Moderator: STOPPED Consider exit in ARNA
eddie dang
jeff4021 gotta love it
bullmarket from now on since Jeff4021 is here....whatever the signals are lets just do the opposite and we should all be profitable.....lol (KIDDING)
Scott-ST Moderator: oh, not nice
Ken-ST Moderator: the thing to learn here is to maintain your money management
jvt it happens we'll come back and make 5% back to back like before
eddie Credit card management!!!!
Ken-ST Moderator: dont chase losers
nm good advice ken
Ken-ST Moderator: these times when the market is acting this way you want to play things conservative
Ken-ST Moderator: Crappy days happen
Newbie Need to get dome fresh air..
eddie Was that for stocks or psycho........
eddie the chasing losers comment
Newbie Cale, how much snow did you get?
Cale about 3 inches
bullmarket it's 61 here today....
Ken-ST Moderator: no strategy will address all types of markets. but a good strategy will address many of them
Cale but its still comeing down
Cale you?
Cale JP much snow out east?
Newbie 4inch or so
JQ there it is chasing losers=psycho women
Scott-ST Moderator: lmao
eddie The good news is I just saved alot of money on car insurance
Circa63 lol
JQ LOL
Ken-ST Moderator: lol
bullmarket lol
Ken-ST Moderator: lol jq
JP Maybe 2-2.5 inches of snow here.
bullmarket we normally don't have snow here til End of December
JP It's still snowing but not very hard.
Ken-ST Moderator: where is here bull?
bullmarket Ontario Canada...southwestern
Ken-ST Moderator: Gang, even after big winning days, you really have to watch your trading patterns, or money management . Many turn more aggressive and end up losing focus.
Newbie Drove down from Black Hawk last night.. Crazy slick..
bullmarket decent volume too on a few of the shares today
bullmarket just not going our way
payday did the AMLN short hit entry?
bullmarket no
kima INSp near breakout
payday ok
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ggosu Right on Ken. My worst trades are after my best trades
Ken-ST Moderator: exactly.
Ken-ST Moderator: and then it snowballs from there
Bry has logged out
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Ken-ST Moderator: wb
bullmarket AMLN is close
Ken-ST Moderator: AAPL nitting new lod
bullmarket sorry...no it's now
bullmarket NOT
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 25.06
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 25.06
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 25.06
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 24.97
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 24.97
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 24.97
Ken-ST Moderator: sorry wrong price
Ken-ST Moderator: s/b 24.97+
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 24.97
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on SIGM 24.42
Ken-ST Moderator: UPDATE: Moving stop on SIGM 24.42
Ken-ST Moderator: UPDATE: Moving stop on SIGM 24.42
jvt the one time i go to RR the stock flies
bullmarket lol jvt
bullmarket nice one Ken....we needed that
jy SIGM 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 SIGM
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SIGM
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SIGM
nm one more time please
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SIGM
nm lol
Ken-ST Moderator: lol
Newbie the one i don;t trade...
DavidBer ditto
Ken-ST Moderator: I had a hard time finding the PROFIT button
Ken-ST Moderator: its been so long
2thdr same here
Scott-ST Moderator: [img id=em-11]
Ken-ST Moderator: gang, the market is coming off overbought right now
Ken-ST Moderator: Intraday Trend is Sideways to Down
Ken-ST Moderator: prices are abelow the 5 ema AND stoch are down
Ken-ST Moderator: meaning the uptrend has been broken
Ken-ST Moderator: now the marke thas entered into a sideways to downtrend
Ken-ST Moderator: currently
ggosu I would suggest everybody read book "Market wizards" by Jack schwager
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eddie I step out and you make money
Scott-ST Moderator: lol
bullmarket not a good day....I'm short in the futures as well....but went short Nov 21 @ 12,321 and market still trending to the downside
Scott-ST Moderator: oh wait thats not funny
bullmarket lol
eddie lol
j5 has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL 1:00 PM EST
bullmarket I'm done for the day....see you tomorrow
bullmarket good luck this aft. guys
Ken-ST Moderator: ok bull, have a good one
Ken-ST Moderator: market new hod
bullmarket has logged out
DavidBer has logged out
Scott-ST Moderator: There SIGM hit target again!!!
Scott-ST Moderator: I feel much better
jvt i got it this tiem
Scott-ST Moderator: nice
Cale yep me too
Circa63 me too
Cale didnt get the fill on the 1st go
Scott-ST Moderator: good job cale and Circa
Scott-ST Moderator: Market is on a run
Circa63 ty
Cale hold onto your hats
jvt snda
jvt sigm new hod
dd has logged out
Jim sold sigm at 25.30
Cale I was wondering if I shold have only take 1/2
Cale oh well
Cale nice job Jim!!
Ken-ST Moderator: gj
jvt fmcn new hod
Jim seems like it has been forever since I cashed a positive trade
Ken-ST Moderator: Overall market trend still viewed as a rally in an overall downtrend
jvt sigm new hod
Cale grrr 1/2 would have been nice
Cale oh well
Cale profit is profit anyway
jeff4021 i shorted SIGA at 25.35
jvt sigm u mean
jeff4021 yeah
jvt short term maybe but i'm still long
jeff4021 you may win that bet
jvt it's still riding the 5 ema pretty well
del SNDA new HOD
Ken-ST Moderator: FMCN as well
jvt sigm new hod
Ken-ST Moderator: Scanning for TYpe C shorts here
jvt sorry jeff sigm to the moon
Scott-ST Moderator: SIGM another New HOD
jeff4021 yeah
lippy sigm saved my day
Ken-ST Moderator: cool gj
Ken-ST Moderator: hpe you didnt go all in or anything like that
jvt i keep buying more probably dumb
Scott-ST Moderator: ya dont be a lump summer
lippy close
lippy i know iknow...
lippy had a tight trailing stop on it
jvt sigm new hod
jvt gout out alot at 25.99
jvt still looks strong
jeff4021 <- still short SIGM at 25.35
jvt aapl about new lod
Scott-ST Moderator: might work out Jeff
Scott-ST Moderator: AAPL filled the gap
jvt go down aapl
Scott-ST Moderator: not that there was much of a gap
jeff4021 im hoping someone with a lot of shares will say...hmm, that ran too far too fast, profit taking time
Scott-ST Moderator: Watching for possible Type C Short on RDC 35.24
Scott-ST Moderator: Watching for possible Type C Short on RDC 35.24
Scott-ST Moderator: Watching for possible Type C Short on RDC 35.24
JQ ??
Scott-ST Moderator: ? ?
Cale ? ? ?
JQ ????
Scott-ST Moderator: SO Any Questions?
jeff4021 ya...how do i get a refund back for all the $$ ive lost in the last few days??
rwalsh sure, can you suggest a stop on goog short for day trade?
jvt snda new hod
Scott-ST Moderator: a very tight stop might be 492.20 on goog of your short
rwalsh thx
Scott-ST Moderator: TYPE C Trade (Top). Consider Short RDC 35.24
Scott-ST Moderator: TYPE C Trade (Top). Consider Short RDC 35.24
Scott-ST Moderator: TYPE C Trade (Top). Consider Short RDC 35.24
Scott-ST Moderator: TYPE C Trade (Top). Consider Short RDC 35.24
Cale OKAY Scott I am in
Cale 35.23
jvt oh man did i miss ii
jvt nope i didnt
jeff4021 me too...at 35.31
jeff4021 err...35.21
jy RDC NYSE stock
Scott-ST Moderator: [img id=em-5]
Ken-ST Moderator: Intraday Trend is Sideways to Down
jvt come on aapl make me some money make another new low
Cale lots of support on AAPL it seems
jvt yep
jvt rdc hod is stop correct on type c havent seen that many type c
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Scott-ST Moderator: yes
Scott-ST Moderator: 35.39
Ken-ST Moderator: jeff you still in on SIGM short?
jeff4021 yeah ken
Ken-ST Moderator: niced
jeff4021 keeping fingers crossed
Ken-ST Moderator: nice
jeff4021 im short SIGM at .35 though...still need another .20 to get into green
Ken-ST Moderator: 20 EMA at 25.19 right now
Jim i shorted sigm at 25.9
jvt nice jim
Ken-ST Moderator: nice jim
Ken-ST Moderator: gj
jeff4021 what would be a good target for SIGM at this point Ken?
Scott-ST Moderator: jeff; as hard as it is dont chase your losses
Scott-ST Moderator: just think of each trade as a new trade
jvt draw the downward channels and and if it breaks that towards the up side cover
Scott-ST Moderator: might consider covering when it gets near the 20 ema also
jeff4021 well i rode it to 26 and its back down...i could get out now and loss wouldnt be too substnatial...im just curious if it has more downside pressure
garry has logged out
Scott-ST Moderator: may have good support when it gets near the 20 ema
Scott-ST Moderator: brb getting lunch
gerry has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in RDC
Ken-ST Moderator: STOPPED Consider exit in RDC
Ken-ST Moderator: STOPPED Consider exit in RDC
jvt i dont like that sound
Ken-ST Moderator: I like the register sound better
ggosu Is the stop loss at 2.2%(like for SNDA) normal?
Ken-ST Moderator: no
ggosu I thought the stops are usually at 1%
Ken-ST Moderator: no, its no set percentage
Ken-ST Moderator: it all depends on the stocks volatility
ggosu ok
jvt out of aapl on this retrace
jvt anyone out there use TS
jvt how do you put a stop premkt or aftermkt if you already have a position
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Ken-ST Moderator: wb
bullmarket did RDC stop out
Ken-ST Moderator: yes
jvt it stopped out with authority
bullmarket lol
jvt ken and scott would u recommend shorting anything swing
Ken-ST Moderator: we do not have any open positions rightnow
Ken-ST Moderator: no setups for us at this time
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kima ken what about INSP ? Closed too ?
Ken-ST Moderator: no kima it is still open
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Ken-ST Moderator: GA Mike
mike hello
Scott-ST Moderator: damn RDC [img id=em-11]
Scott-ST Moderator: ARNA wanting to take a dive
jvt my biggest loser snda
Circa63 me too
jvt there goes aapl new lod too bad im not in it anymore
Scott-ST Moderator: I want to buy a Mac just for those commercials
Scott-ST Moderator: profit is profit right jvt?
Ken-ST Moderator: brb
Scott-ST Moderator: next support level for AAPL is 86.50 after it gets below 90.12 again
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Scott-ST Moderator: lol AAPL gets upgraded has a better then expected GDP report and gaps up and then fills the gap back down
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rwalsh i did
rwalsh had to eat lunch with the wife
Ken-ST Moderator: back
Ken-ST Moderator: any questions?
Ken-ST Moderator: we are nearing the 1:00 turn
ggosu interesting SNDA is now at 19.07
ggosu 19.10
ggosu For some reason Type A and Type C calls donot work out for me.
Ken-ST Moderator: it has been tough on those this month
Ken-ST Moderator: this is the first negative month in a year for the Type A
Ken-ST Moderator: ever actually
ggosu hmm..really
ggosu interesting
Ken-ST Moderator: shhhhh. Margaret is on
payday my first month
Ken-ST Moderator: ok, go ahead
ggosu mine too
bullmarket what about SNDA at HOD?
Ken-ST Moderator: dont worry we dont blame you guys
Ken-ST Moderator: jk
Ken-ST Moderator: we will take a look at it just after the lunch
ggosu when r u starting e-mini futures trading?
Ken-ST Moderator: December 1st
ggosu can't wait to get my hands on that
bullmarket I'm short the dow today....AAARRRGGGHHHH
Ken-ST Moderator: I stilll view this as a counterterdn on the Hourly charts
Ken-ST Moderator: rally in an overall downtrend
Ken-ST Moderator: until the MAs cross up
Ken-ST Moderator: they are still in downtrend
bullmarket I agree which is why I'm holding onto my short position. Even with today I'm still up 105 points in my short position
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Ken-ST Moderator: Intraday Trend is Sideways to Down
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Ken-ST Moderator: wb
jvt is the futures room up and running
Ken-ST Moderator: just for a few traders
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Ken-ST Moderator: wb dnt
jvt is there somwhere i can read about trading hte futures
Ken-ST Moderator: www.cme.com
Ken-ST Moderator: market is oversold but remains in intraday downtrend momentum
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nm insp
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Ken-ST Moderator: wb
DavidBer looks like more carnage since I left
rwalsh markets oversold on 5 min Stoch's?
Ken-ST Moderator: things are already looking better now that you are back
Ken-ST Moderator: yes rwalsh
Ken-ST Moderator: we will stay clear of short for now
rwalsh thx
DavidBer Yeah - I was getting jiggy with liz
payday new suggested stop for INSP, if any
DavidBer wow - who wanted to short appl earlier - get that guy a chatroom :)
Ken-ST Moderator: what is your entry?
Ken-ST Moderator: nice
payday 19.38
DavidBer damn - should have shorted ma today as well
djg MA in my longterm portfolio now only up 81%
jeff4021 when will the carnage end
Ken-ST Moderator: I would keep the hod as the stop
DavidBer So ken, that covered call on MA was dead on - would have gotten taken out and made about a 3% return for 6 days or so
Ken-ST Moderator: nice
payday thanks
Ken-ST Moderator: you wrote the 95s right?
DavidBer yeah
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DavidBer Could have had a nice short on siri today as well - that pig is going back under 4
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SNDA 19.26
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SNDA 19.26
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SNDA 19.26
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jvt snda is near
jvt near not trigger
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SNDA 19.26
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SNDA 19.26
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SNDA 19.26
jvt sigm hod would that work?
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on SNDA 18.80
Ken-ST Moderator: UPDATE: Moving stop on SNDA 18.80
Ken-ST Moderator: UPDATE: Moving stop on SNDA 18.80
Ken-ST Moderator: yes jvt
Ken-ST Moderator: lets issue that
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 26.11
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 26.11
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 26.11
jvt pretty far from hod but u never know
Ken-ST Moderator: Beige book out shortly
jvt what is that?
Ken-ST Moderator: government data
jvt sigm wierd
jvt did it trigger
jeff4021 it triggered for me....that was strange JVT
Scott-ST Moderator: [url href=http://premium.econoday.com/reports/US/EN/New_York/beige_book/year/2006/yearly/11/index.html]http://premium.econoday.com/reports/US/EN/New_York/beige_book/year/2006/yearly/11/index.html[/url]
jvt yea that's what i was wondering
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGMA 26.11
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGMA 26.11
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGMA 26.11
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGMA 26.11
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGMA 26.11
jvt ddint know if fake print or not
jeff4021 it was at 26.14 my limit was at 26.11 but was executing
DavidBer try sigm not sigmA :)
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Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 26.11
jvt come on sigm
Scott-ST Moderator: UPDATE: Moving stop on SIGM 25.49
Scott-ST Moderator: UPDATE: Moving stop on SIGM 25.49
Scott-ST Moderator: UPDATE: Moving stop on SIGM 25.49
jeff4021 my goodness...i mite actually have a profit
bullmarket nice run onSIGM....looks like 1.0%
jvt yea bought that when i mention it for a tigther stop loose stop at hod
Ken-ST Moderator: shhhhhhhh......
jeff4021 everytime SIGM upticks, SNDA downticks...
Scott-ST Moderator: [img id=em-11]
jvt oh no forogt about that one
bullmarket oil report will probably bring down the US markets this aft.
bullmarket up 1.00 a barrell to almost $62-
Scott-ST Moderator: NO more reports for today
JQ Like Mrs. Gump told Forrest Dont count your chickens before they hatch
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop to entry SIGM
Ken-ST Moderator: UPDATE: Moving stop to entry SIGM
Ken-ST Moderator: UPDATE: Moving stop to entry SIGM
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bullmarket lol JQ
bullmarket stupid SIGM
jvt i have to say that snda is the worst
Ken-ST Moderator: we are playiing SIGM on the tight stide
Ken-ST Moderator: side
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in SIGM Breakeven
Ken-ST Moderator: STOPPED Consider exit in SIGM Breakeven
Ken-ST Moderator: STOPPED Consider exit in SIGM Breakeven
bullmarket stupid SNDA
Ken-ST Moderator: it is still in trend
Ken-ST Moderator: but if you would like a lookse stop the 20 EMA area is the one to watch
rwalsh that thing is nasty
Ken-ST Moderator: 25.62 is the next loosest
jeff4021 great...i at least had SIGM offsetting losses from SNDA, now i just have losses on SNDA...cant win
Ken-ST Moderator: the SNDA trade is not over yet
Cale I stuck with the looser stop on SIGM
Ken-ST Moderator: it is still in trend
Ken-ST Moderator: cool Cale
Cale BUT not sure I will stay in much longer
Ken-ST Moderator: we moved the stop to entry on SIGM due to the advance toward target
jeff4021 do you suggest stop market orders ?
Ken-ST Moderator: it was nearly 1% in the money. at that point, with this choppy market we felt compelled to be conservative with a stop at entry
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Cale I think that was a smart call Ken
bullmarket stop market orders never get filled....why not just stop limit orders?
bullmarket what do you think Ken?
jeff4021 never get filled? u razy they always do at market
Ken-ST Moderator: market orders guarantee a fill
Ken-ST Moderator: limit orders guarantee price but not execution
Scott-ST Moderator: Jeff it all depends on the stock, how fast its moving, time of day etc
DavidBer well I have had market oders not fill - depends upon volume of stock.
Scott-ST Moderator: its what you are comfortable at the time you are trading
bullmarket davidber...do you go in at Market or Limit?
jeff4021 well im just talking about your suggested stops ken, should they be pre-placed stop-market orders
Ken-ST Moderator: with direct access there may be times where you cancel before the fill
Ken-ST Moderator: especially iwth short orders
DavidBer depends - most of the time market - if the stock is a SLOOOOOOW mover (read as INSP) I would go in limit
Cale I use market to get into a position and a limit when getting out
Cale but thets just me, color me Crazy Right JEN?
Ken-ST Moderator: right it depends ont he stock
Jen yes dear!
Ken-ST Moderator: most of the time with exiting on a stop, I am using market orders
jeff4021 yeah, but you dont want to use a market to get IN a fast moving stock
Ken-ST Moderator: it depends how thin
ggosu I use Limit on the "Best Ask price" to buy
Ken-ST Moderator: scan the level II to see where the shares are
DavidBer depends - stop trying to hit absolutes. Profit is profit. Greed is a great way to lose your ass
Ken-ST Moderator: tru db
DavidBer I swear I should macro this . . . It is better to bitch about profits that you could have had, if you held the stock longer or got in earlier than bitch about the losses you had chasing things.
Ken-ST Moderator: on thin stocks, the way I would execute is locate somewhere above the offer where there is ample shares. I click on taht price and it automatically sets my limit order there to send
Ken-ST Moderator: the order will act just like a market order up to that price
jeff4021 speaking of which...SIGM
bullmarket what about on high volume liquid shares Ken...enter at the Market?
Ken-ST Moderator: note the 5 ema on 5m in on SIGM
Ken-ST Moderator: good trends will hold that 5 ema nicely
bullmarket drop DOW drop !!!!
jeff4021 im gettin out of SNDA i cant watch this
bullmarket lol
jeff4021 toying with the stop
Ken-ST Moderator: Ok gang, I am heading out here. Scott will take you to the close
DavidBer Bull - honestly, in this room, there are very few stocks that are high volume enough to get in all the time that way
Ken-ST Moderator: I am headed to the Chiropractor
DavidBer Ken going to go emo?
Ken-ST Moderator: can barely walk
Scott-ST Moderator: GL
Circa63 ouch... feel better ken!
Ken-ST Moderator: Jeff, it may seem hard to do, but you need to give the stock room to play
Ken-ST Moderator: I am always in favor of loose stops
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Ken-ST Moderator: you will find tha tmany times you are on the right side of the trade but the tight stops will not allow you to profit
Cale I know you dont what to hear this but SIGM hit profit
Ken-ST Moderator: SIGM hit profit for those playing looser stops
jeff4021 i know...but ken...look...SIGM is now at 26.42 and we stopped out...
jeff4021 and as SOON as SNDA was trigged, it plummeted
Ken-ST Moderator: that was on a tight stop jeff.
jeff4021 whats goin on...what am i payin for <---- newbie
Cale thats Day Trading!!!!
Ken-ST Moderator: Ok gang,
Ken-ST Moderator: i will see you tomorrow
jeff4021 im venting lol
Scott-ST Moderator: take care Ken
Jen you have to be watching the market as well, understand the time of day, etc.
jy just exited SIGM @26.4
Ken-ST Moderator: tx scott
Ken-ST Moderator is no longer a moderator
JQ wb
Ken-ST Moderator has logged out
JQ WTF
jeff4021 ken runs away as soon as the heat hits
jeff4021 heheh
Scott-ST Moderator: [img id=em-4] no not ken
Scott-ST Moderator: he likes the Heat
Cale Still in SIGM
Scott-ST Moderator: gj Cale
djg got out at .39\
Scott-ST Moderator: gj djg
djg I'll take any profit today
Scott-ST Moderator: lol
djg not being greedy
nm ching ching sigma
Scott-ST Moderator: go nm
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jeff4021 jees...sigm at 26.5
Cale ya baby
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Scott-ST Moderator: funny walmart commercial
DavidBer wow - could buy aapl now and sell dec 90 calls for a 2.15 premium
Scott-ST Moderator: and straddle?
DavidBer nah - take the premium - you are gonna get taken out
DavidBer that is about 2% for the month
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Scott-ST Moderator: One hour left in the trading day Gang
Scott-ST Moderator: any questions?
Scott-ST Moderator: anyone have any stocks of intrest?
jeff4021 yeah whats up with SNDA?
Scott-ST Moderator: its still in trend up
Scott-ST Moderator: tomorrow we have window dressing, We saw a lot of window dressing today
djg what does that mean?
Scott-ST Moderator: window dressing?
djg yes
jeff4021 go to NYC and look at the bergoff goodman building
djg kinda far jeff
djg in relation to stocks or the market
Scott-ST Moderator: http://www.thekirkreport.com/2004/09/the_411_on_wind.html
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Scott-ST Moderator: follow that link
Scott-ST Moderator: its the fund managers trying to dress up their funds for monthend reporting
Scott-ST Moderator: you can see them running the market up today
JQ No profit all day..... But just made 1% AAPL never make $$$ trading AAPL!!! L M A O!!!!!!
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Cale Dude You are the man
Cale JQ for president!!!
Cale i never made any $$$ on AAPL EITHER
Cale good for you!!!
Cale JQ want to make more???
Cale Short AAPL RIGHT here 92.05
Cale Short short
JQ Scott I hope those fund managers dont look at my window All they will see is one BIG A S S !!!!
Scott-ST Moderator: LMAO
JQ Cale I dont know about that Cramer was yelling BUY
Cale profit taking
Cale I am short at 92.05 and 92.06
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Cale has the room to fall
JQ Are you in Cale
Cale just below the 50 ema on the 5 min
Cale I am in
Scott-ST Moderator: looks like it might play out Cale
JQ I AM in!!!
Cale doh I just got out
Cale LOL j/k
JQ Dont make me jump in this wormhole!!!
Cale lol
JQ Cale show the room how you do ths!!!
JQ OOOOOOOOMMMMMMMMMMM
Cale (O)(O)(O)(O)(O)(O)(O)(O)oooooommmmmm
Ruben David Ber, it is 60% interest anual rate for AAPL 90 call at 3.8
Cale oops the wrong way
Cale Down AAPL Down
Ruben David Ber, do you know where are listed the most profitable stock for coverage calls?
Ruben I can see them at yahoo.com
Cale Lower Lows and Lower Highs on AAPL JQ
Cale whats What I am talking about!!!!!
JQ you the dingdong
Cale DOESANYONEREMEMBERWCIWONDERWHEREHEISTHESEDAYS
Cale I am the DingDong!!! I just need my crown
JQ NAKEDINTHEHOTTUBWITHHISLAPTOP!!!!
Cale LOL JQ remembers!!!!
Cale that was funny
Cale not sure why I thought of him...
Cale JQ what price are you in at?
JQ .97
Cale okay okay, its all good
Cale I need to buy a gap in my teeth like that guy
JQ Cale Millbrooke was the best he said he was trading using three different computors
jeff4021 lost money on every trade rec here today, but just shorted ZVUE from 6.33..at 5.95 now
Cale is that who that was
Cale NICE Jeff!!
DavidBer Sorry Ruben - uhh there was a site that listed covered call profits - i forgot where it was - but I used to do it a lot with MO, RAI, CECO
Cale I remember someone talking about ZVUE a while back
djg where you get zvue short shares?
Scott-ST Moderator: gj Jeff
jeff4021 ameritrade...
jeff4021 only 1k shares...so the measly profit compared to the thousands ive lost today isnt much consolation
djg nice das didn't have any I tried earlier
Scott-ST Moderator: another one to keep an eye on is GEOI
Scott-ST Moderator: huge gains today
Cale one to short is TGEN
Cale major profit taking for the day
Scott-ST Moderator: CANCEL ALL ALERTS
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nm have a good one all
Scott-ST Moderator: TAKE care nm
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Scott-ST Moderator: anyone still in INSP???
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SNDA
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Cale nice job Scott!!
Cale one more
Cale too funny
Scott-ST Moderator: As I was saying anyone in INSP might want to consider Breakeven for INSP
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Scott-ST Moderator: anyone around that is in INSP??
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Cale Itook profit in INSP a while agoe
jeff4021 crap scott i got out of SNDA cuz was spending too much time near STOP
Scott-ST Moderator: GJ Cale
Scott-ST Moderator: sorry Jeff [img id=em-4]
Ruben David Ber, you mean MA or MO?