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Our Strategies

The Power of 2% Chat Transcripts


01/19/07 Chat Session




**********************************************************
********** Good Morning Everyone
********** Friday January 19th, 2007
********** TODAY In History 1809 Happy Birthday to Edger Allan Poe
**********************************************************
Scott-ST Moderator: gm duke
duke okscott...all winners today right!!
duke I knew you would agree
duke haha
dennis has entered DayTrading Chat
Scott-ST Moderator: gm dennis
dennis gm all
JP has entered DayTrading Chat
Ken-ST Moderator: gm Cale, duke, Scott, dennis, JP
Lorden has entered DayTrading Chat
Scott-ST Moderator: gm JP
Scott-ST Moderator: good morning Lorden
2thdr has entered DayTrading Chat
Lorden morning everyone
Ken-ST Moderator: gm Lorden, 2thdr
pb has entered DayTrading Chat
Ken-ST Moderator: gm pb
pb gm everyone!
2thdr gm
pb gm Ken
pb gm Scott
tc has logged out
Scott-ST Moderator: gm pb
Scott-ST Moderator: good morning 2thdr
tc has entered DayTrading Chat
Ken-ST Moderator: wb tc
Ken-ST Moderator: gm
tc hey
tc thoughts on CREE
Ken-ST Moderator: good setup
Jim has entered DayTrading Chat
Ken-ST Moderator: gm Jim
Jim gm
djg has entered DayTrading Chat
Scott-ST Moderator: gm djg
dennis has logged out
Scott-ST Moderator: good monring Jim
Scott-ST Moderator: take care dennis
dennis2 has entered DayTrading Chat
dennis2 hello again
Scott-ST Moderator: wb
JQ has entered DayTrading Chat
JQ GM Gang
Ken-ST Moderator: gm JQ
Ken-ST Moderator: wb dennis
Scott-ST Moderator: JQ, good morning
Scott-ST Moderator: okay Gang it's Friday
djg gm all
Scott-ST Moderator: expect lite trading and a bit of Chop
rwalsh options expiration day?
Scott-ST Moderator: is it this week?
Scott-ST Moderator: I was thinking it was next week
Scott-ST Moderator: but you might be right rwalsh
rwalsh 3rd friday of mo.
Lippy has entered DayTrading Chat
joe1 has entered DayTrading Chat
Scott-ST Moderator: gm Joe
Scott-ST Moderator: gm Lippy
rwalsh high volume, little movement, and stocks setteling near strike prices possibly
Ken-ST Moderator: gm rwalsh, Lippy, joe
Ken-ST Moderator: options expiration
rwalsh gm Ken
Scott-ST Moderator: okay it is today thenKen?
tc thoughts on VNDA
Ken-ST Moderator: yes third friday
Scott-ST Moderator: Futures look like they are going to open up this morning
Lippy Good morning Ken, Scott everyone
kima has entered DayTrading Chat
Ken-ST Moderator: gm kima
Ken-ST Moderator: that will be added tc
Ken-ST Moderator: ty
Scott-ST Moderator: looks like MOLX will be canceled
johnboy has entered DayTrading Chat
johnboy GM comrades
Scott-ST Moderator: gm jb
Cale good morning JB
j5 has entered DayTrading Chat
Cale how was Dinner lastnight?
Scott-ST Moderator: adding VNDA and CREE
Ken-ST Moderator
Ken-ST Moderator: ***********Market Assessment**********
Daily Chart: At 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 points. The overall market trend is still sideways to up. We suggest traders remain on conservative side until the market breaks out of the recent sideways trading range.

j5 wow looks like a slow day
tc has logged out
johnboy dinner?
Ken-ST Moderator: MOLX is cancelled
Ken-ST Moderator: not a valid trigger
Cale you said you were going to have dinner with Erin lastnight
Scott-ST Moderator: adding MOLX as a type B
johnboy lmao, I forgot, I guess I stood her up............oops
Cale ya, well she called me all in tears
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on CWTR 18.87
Ken-ST Moderator: Watching for Type B Short at new low of the day on CWTR 18.87
Ken-ST Moderator: Watching for Type B Short at new low of the day on CWTR 18.87
Pontiff has entered DayTrading Chat
Scott-ST Moderator: gm pontiff
JP: VNDA HOD?
JP: Nevermind
Scott-ST Moderator: lets let it consolidate a bit
j5 CWTR a bit jumpy
JP: 2% VNDA
j5 there you go jp
j5 cwtr covering rally? looks like high trading pm
bobby has entered DayTrading Chat
Ken-ST Moderator: gm bobby
bobby hello
Scott-ST Moderator: good morning Bobby
bobby hello
Scott-ST Moderator: [img id=em-10]
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on CREE 16.23
Ken-ST Moderator: Watching for Type B Short at new low of the day on CREE 16.23
Ken-ST Moderator: Watching for Type B Short at new low of the day on CREE 16.23
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on VNDA 29.61
Ken-ST Moderator: Watching for Type B Buy at new high of the day on VNDA 29.61
Ken-ST Moderator: Watching for Type B Buy at new high of the day on VNDA 29.61
j5 what's up with cwtr?!
Scott-ST Moderator: its moving up?
Ken-ST Moderator: GROW near a good trend
Ken-ST Moderator: but the spread is wide
Ken-ST Moderator: that was a valid short at a new lod
Ken-ST Moderator: but the spread was too wide
Scott-ST Moderator: we will issue a long alert on CWTR after it is above the 5 ema on the 5 min and it has had a chance to consolidate
Ken-ST Moderator: VNDA is close
j5 why didnt we issued cwtr at 9:44?
Ken-ST Moderator: it is still under the 5 ema on 5 min
Ken-ST Moderator: however you may still apply the tactics to the 1 min chart, but that would be more of a scalp play
Scott-ST Moderator: j5 look up at my note from 9:46
j5 ok
j5 ic gotcha, i was on 1min chart
j5 brb
seven7 has entered DayTrading Chat
Ken-ST Moderator: gm 7
seven7 good morning
Lippy has left the room
Scott-ST Moderator: good morning seven
Kramer12 has entered DayTrading Chat
Ken-ST Moderator: gm Kramer
j5 taking the day off laters
Ken-ST Moderator: ok j5
Ken-ST Moderator: have a great day
Kramer12 good morning....new here
Scott-ST Moderator: take care j5
Ken-ST Moderator: cool, good to have you Kramer
Scott-ST Moderator: good morning Kramer and Welcome
Cale Kramer Welcome
Cale do you know Erin?
j5 has logged out
pb Booyah!
Ken-ST Moderator: VNDA is the only stock close
Pontiff has logged out
Ken-ST Moderator: market still trading in recent range gang
Ken-ST Moderator: keep trades conservative and to a minimum
Ken-ST Moderator: as of now, you cant get more minimum than 0
Ken-ST Moderator: Geez,
Cale LOL
johnboy this market needs more cowbell
pb Ken is this the leanest patch (Nov, Dec & Jan) you have had in a long time?
Ken-ST Moderator: what do you mean by leanest patch?
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy VNDA 29.61
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy VNDA 29.61
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy VNDA 29.61
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator: UPDATE: Moving stop on VNDA 29.11
Scott-ST Moderator: UPDATE: Moving stop on VNDA 29.11
Scott-ST Moderator: UPDATE: Moving stop on VNDA 29.11
pb I mean barely making any net profit on a monthly basis
limey Other than Oct we have not do well since Sept. I am on hold until the % of sucess improves
Ken-ST Moderator: we have been warning traders for some time to keep trades conservative
Ken-ST Moderator: the market action has been in what resembles like a Countertrend environemnt since July
JP: We have been in a pretty tight trading range for the majority of Dec/Jan.
Ken-ST Moderator: you will still have your opportunties here and there
Ken-ST Moderator: but, until the market breaks this sort of tight channel, the trading will be tough
Ken-ST Moderator: it comes a little easier when it is not trading in the recent range
pb yeah that's what I meant
limey Yes its been tough !!
Cale my trades have gone from 15-30 a week to 3-5 a week because of this trend
pb lean patch = tight trading channel
Cale LIke Ken said we just need to be Conservative
pb I agree
Ken-ST Moderator: the longer we stay in this tight channel, the tougher trading gets
Cale just need to wade it out
bobby has logged out
Cale the longer you do this the easer it is to see these patches
pb how long have you been doing this, Cale?
johnboy how deep is your well, Cale?
Cale been here a little over a year and been day trading for about 3 and a half years
pb full time?
Cale LOL, its not the depth of the well, its how much lotion do you have
Cale yep full time
Kramer12 has logged out
pb you scared him out on his first day Cale
Kramer12 has entered DayTrading Chat
djg you have a lot of lotion cale?
Cale lol
bobby has entered DayTrading Chat
djg planning to use said lotion on any tv personalities
Cale wb Kramer
Cale Kramer, do you know Erin?
Kramer12 no
Scott-ST Moderator: gm Bobby
pb there we go again
bobby has logged out
Jim has logged out
bobby has entered DayTrading Chat
Scott-ST Moderator: wb
Jim has entered DayTrading Chat
Scott-ST Moderator: wb Jim
Jim ty
Scott-ST Moderator: [img id=em-8]
duke nice growl!!
Ken-ST Moderator: if you learn to make conservative profits in this type of market, you will greatly improve your trading skills imo
Ken-ST Moderator: you get in on that?
Kramer12 ok....this is my first day....I understand that you suggested we buy VNDA if it hit 29.61...which it did...and you also suggest a stop loss at 29.11. But what is the sell target if the gap works?
Ken-ST Moderator: we have an automatic 1% target
Kramer12 ty
Ken-ST Moderator: we suggest traders take at least some profits off the table at THEIR 1%
Ken-ST Moderator: it is a money management technique rather than a target
Kramer12 got it....ty
Ken-ST Moderator: we show through our trade history that this is, while conservative, very productive
Cale Kramer, I would suggest getting the Daytrading Video, its a big help
Scott-ST Moderator: [img id=em-10]
Kramer12 thanks
duke ken...when you say taake some off...like half or what?
Scott-ST Moderator: what ever you are comfortable with duke
Scott-ST Moderator: All, 1/2 , 1/4
duke ok
duke say 1/2...then put the rest at breakeven?
Scott-ST Moderator: sure that can work
duke ok
duke thanks coach
Cale thats what I like to do
djg ask cale he seems to do well with letting some winners run
djg some day cale you may have enough money to take erin out
Cale I doubt that
Ken-ST Moderator: Our Market Assessment video goes over assessing the market trends to help to recognize factors that go into riding out trades
duke he is too busy with his deluxe snowblower...LOL
djg maybe cale makes a video my date with erin some guy did it with drew barrymore
djg he couldn't even afford a video camera
djg cale i think could buy a camera
duke sure...he hit the jackpot on a stock yesterday...LOL
Cale lol
djg buy an hd camera\
djg back monday good day all
djg has logged out
Cale later djg
Kramer12 has logged out
Scott-ST Moderator
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS Untill after Lunch (1 est)
Scott-ST Moderator
Scott-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VNDA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VNDA
Cale nice job job
duke ya done good
Cale did you get in duke?
Cale I missed the entry and didnt want to chase
Cale but it was a good setup
duke yep
Jim has logged out
duke not like yesterday 2 fast balls...LOL
Scott-ST Moderator: lol good job duke
Cale I missed it because I set my alert wrong
Cale doh
duke fast balls hard to catch
Cale yep
duke I like slow and over the plate...lol
Cale when the send the alerts, I will setup an auto buy/sell
seven7 has logged out
Scott-ST Moderator: okay I have a question for EVERYONE
Scott-ST Moderator: What kind of chair do you sit in all day?
Scott-ST Moderator: I am in the market for a new chair very badly
Scott-ST Moderator: my legs and but hurt at the end of the day
duke get a hospital bed...lol
Scott-ST Moderator: any help/suggestions would be appreciated
Scott-ST Moderator: lol that would be nice duke
Cale what about Ken's Lazy boy?
Ken-ST Moderator: yup its called the stressless chair
duke I have one that belonged to my g'mother
Ken-ST Moderator: Erkones
duke need to put it in my trading room
Ken-ST Moderator: or you have those zero gravity ones
Jen don't have anything fancy, Staples purchase, has lumbar support
duke maybe you need a THAI massage
tc has entered DayTrading Chat
tc has logged out
Ken-ST Moderator: Scanning for Type C shorts
JQ OK!!!! boys and girls have nice safe weekend ... laters!!!!
Ken-ST Moderator: ok JQ have a good one bro
Ken-ST Moderator: see you on monday
johnboy laters JQ
JQ has logged out
Ken-ST Moderator: any big plans for the weekend?
Cale the Western Stock Show this weekend
Cale and rodeo
Cale kids love it
Cale you Ken?
Ken-ST Moderator: nothing big
Ken-ST Moderator: going to a Sushi Bar tonight with some friends
Ken-ST Moderator: because I am asian
Cale I love Sushi, does that mean I am Asian also?
Ken-ST Moderator: lol
Cale http://www.nationalwestern.com/
Ken-ST Moderator: i had the weirdest comment about that the other day, which is why i said that
Ken-ST Moderator: something to the effect that i must eat that all the time......cause I am asian
Ken-ST Moderator: uh, ok
Cale lol
Ken-ST Moderator: I must be English too
Ken-ST Moderator: I love New Castle bear
Ken-ST Moderator: beer
Cale so I guess I need to eat more beef and beans?
Ken-ST Moderator: you must eat that all the time
Cale since I live in the west
Cale LOL
johnboy I guess I should eat more baby seal meat and polar bears since I live in the North
Cale lol
Ken-ST Moderator: more? Dont you eat that all the time anyway?
Cale since I watch CNBC all the time do I get to eat Erin and Melissa?
Ken-ST Moderator: have you been seeing more extreme weather up there jb?
johnboy ouch Cale
Scott-ST Moderator: eeerrrtt, dont go there
Ken-ST Moderator: whoa Cale
johnboy back in the well for Cale
johnboy no soup for you
Ken-ST Moderator: No soup for you
johnboy lmao
Cale doh
Ken-ST Moderator: hahaha
Scott-ST Moderator: [img id=em-0]
johnboy Ken, yes the weather is more erratic than usual.......snow, then nothing, then above 0 (32F) then below -30 (-27F), then the next day 0 (32F)
johnboy it's weird
Cale okay Johnboy, but can you please toss down the lotion?
johnboy I'll send you down some crazy glue and see how long it takes you to notice
Ken-ST Moderator: haha
Scott-ST Moderator: lmao
Cale grrrr
Cale thats not very nice
Cale but I could sniff the glue, that woujld be nice
johnboy sniffing glue is sooooooo last year
Cale lol I am so Clazy
johnboy I think that I need a career change, I'm going to become a car salesperson
johnboy an honest one though
joe1 has logged out
johnboy no BS
Ken-ST Moderator: that works
Cale that would be very nice
Ken-ST Moderator: Hey anyone out there knows someone or something about solar cells/ solar panels
johnboy the guy that owns the local Honda dealership drives a hummer and has three wives............it just doesn't seem right somehow
johnboy but he's hiring
Scott-ST Moderator: wait, Three Wives?
2thdr has logged out
johnboy there are a few religious cults........no wait, a collection of like minded individuals who happen to live together collectively in seclusion and have multiple wives.........but they're not a cult
johnboy lunatics abound where I live, except for me of course
Scott-ST Moderator: lol
Scott-ST Moderator: I so would not want a 2nd wife let alone a 3rd
johnboy I'd like 2/3rds...........but I had to compromise and round up
Scott-ST Moderator: now maybe a few Mistress' would be nice
Ken-ST Moderator: Im lucky just to get one female to dig me
Cale bah, I dont beleive that Ken, your so Handsome
Ken-ST Moderator: yeah, the rest are too intimidated by my good looks
Cale lol
Ken-ST Moderator: my wife was the only one brave enough to step up to the plate
Cale I sure would be
Ken-ST Moderator: Some see being so good looking as a blessing.......its a curse I tell you
Cale LOL
Cale I would only dream
Cale I would love to walk in your shoes, if only for a day
Ken-ST Moderator: thats flattering Cale, but I am only into females
johnboy lol
Cale can you send me your flipflops?
Ken-ST Moderator: you just want my return address me thinks.
Cale maybe an old used pair?
Ken-ST Moderator: thats a weeeeeiiiiiirrrrrd fetish Cale, but to each his own
Cale no I want to walk a mile in your shoes
johnboy sure Cale, we believe you
johnboy we're not judging you
tc has entered DayTrading Chat
johnboy actually, yes we are
Ken-ST Moderator: lol
Scott-ST Moderator: wb tc
tc hey
Cale YES you are
Cale but thats okay
Cale that's Why I am here :)
Cale more snow this weekend
Cale but only a few inches
Cale which is okay with me
Jen we got our first real snow yesterday, 1/2 inch!
johnboy 1/2 inch...........that's not snow!
johnboy how far south are you Jen?
Jen Central CT
Cale wow huge dumping, 1/2 inch
Cale man oh man
johnboy I guess everything is relative
johnboy I consider 92F to be scorching hot
Jen we usually get tons of snow, but wierd weather pattern this year
Scott-ST Moderator: el nino
Ken-ST Moderator: GW
johnboy snow is awesome, but if the temperature fluctuates above/below freezing, it gets to be annoying
Ken-ST Moderator: its freezing here today
Ken-ST Moderator: 67 degreesss
Ken-ST Moderator: brrrrrrrrrrrrrrrrrrrr
johnboy 67? tshirt weather
Ken-ST Moderator: we look forward to colder weather here
Ken-ST Moderator: we dont get any seasons
johnboy seasons are overrated
johnboy I should move to Hawaii
johnboy open up a frozen banana stand
Ken-ST Moderator: lol
Scott-ST Moderator: [img id=em-10]
Ken-ST Moderator: that fine, but just to let you know, I may open one up right across from you
Scott-ST Moderator: and sell banana hammocks
johnboy damn!
johnboy I'll make mine a drive-thru, Americans love drive thrus
Ken-ST Moderator: Canadians dont?
johnboy nah, in the winter, the damn window is frozen and you have to open your door to get your food/coffee
johnboy but that's just in the north, I suppose in Southern Canada they are just like Americans
johnboy maybe I'll open up a drive thru Curves or L.A. weight loss center
Scott-ST Moderator: drive through weight loss center would be awesome
Scott-ST Moderator: I would sign up for that
Ken-ST Moderator: nah, better to start a reality tv show on day trading
johnboy I think I should have a reality show sometimes
Scott-ST Moderator: lol
Scott-ST Moderator: now that would be worth watching
johnboy I got my boss so mad on Wednesday he slapped me on the head and then ordered me and 2 coworkers pizzas to not report it
Cale JB you could do one on HBO
Cale or better, Showtime
Cale Can I come be your camera man?
Cale LOL
Cale just send down a rope please
johnboy sure, but I am NOT a never nude just to warn you
Ken-ST Moderator: lol
Cale well thats a good thing
Cale wait thats a double negative
Cale so you are saying you are nude?
Scott-ST Moderator: lol Cale
Scott-ST Moderator: will you ever learn to mess with JB?
Cale lol
Cale I guess I stil have a lot to learn
Scott-ST Moderator: I am taking a poll for the superbowl, Who will be in the suberbowl?
Ken-ST Moderator: Chicago and New England
Ken-ST Moderator: yuck
Ken-ST Moderator: ideally, New Orleans and Indy
Cale Colts and....
Cale the bears
Cale that would be a good superbowl
Cale imo
Scott-ST Moderator: I am a bear fan
Kramer12 has entered DayTrading Chat
Scott-ST Moderator: not so much a colts fan though
Scott-ST Moderator: wb Kramer
Kramer12 Pats/Saints Superbowl...sure thing...and the Pats win again
Scott-ST Moderator: that would be a good game too
Ken-ST Moderator: I hope saints make it
Ken-ST Moderator: I dont like hte qb for chicago
Ken-ST Moderator: but saints d is the big question
Ken-ST Moderator: or lack thereof
Ken-ST Moderator: brb gang
pb Colts by 3 over the Saints
Scott-ST Moderator: intersting pb
pb nice guy Dungy deserves to come first for a change
Scott-ST Moderator: agreed
JP: Pats / Colts game is in Indy right?
pb right
Scott-ST Moderator: lol
JP: Colts will win at home.
JP: Just like the last few years......oh wait.
Scott-ST Moderator: lol
Scott-ST Moderator: outside too isnt it?
Kramer12 has logged out
JP: Indy has a dome.
Scott-ST Moderator: dah, domes are no fun
Scott-ST Moderator: need the weather
Scott-ST Moderator: makes the game
JP: I would go to a lot more games if we had a dome in Dever.
JP: Denver
Cale we dont have a dome?
JP: lol.....only for our thug basketball players. Gotta keep them contained.
JP: J/K
Cale lol
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Scott-ST Moderator: Kramer, are you having issues staying logged in?
Kramer12 yes....sorry...wireless problems....working on it...not your sites problem
Scott-ST Moderator: oh, okay
Scott-ST Moderator: we are starting to roll out of lunch, we dont have much to really look at right now
Scott-ST Moderator: does anyone have any questions?
Scott-ST Moderator: any news in the world today?
Scott-ST Moderator: Movies, anyone seeing any new movies that are out?
Cale how about hot Chicks on TV?
Cale lol
Scott-ST Moderator: thats always a good topic Cale
Ken-ST Moderator: Kramer fyi, we define the lunch period from 11:00 - 1:00
Ken-ST Moderator: we do very little trading during that time
Ken-ST Moderator: we do scan for our Type C setups, but other than that we urge traders to stay off of tradig during that time
Kramer12 what are the chances of something else coming up this afternoon?
alexm has entered DayTrading Chat
Scott-ST Moderator: coluld happen
Ken-ST Moderator: Hi alex
Scott-ST Moderator: but right now we will hang low
Ken-ST Moderator: Lets take a look at the alerts here
alexm hi
Scott-ST Moderator: its Friday
Scott-ST Moderator: so its slow
Scott-ST Moderator: in the afternoons
Ken-ST Moderator: We wait until 1:30 usually to take a look at the alerts
Kramer12 ok...thanks
Ken-ST Moderator: lets put UAUA on watch
Ken-ST Moderator: looks interesting
Ken-ST Moderator: also LAMR
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on LAMR 67.03
Ken-ST Moderator: Watching for Type B Buy at new high of the day on LAMR 67.03
Ken-ST Moderator: Watching for Type B Buy at new high of the day on LAMR 67.03
2thdr has entered DayTrading Chat
Scott-ST Moderator: wb 2thdr
Ken-ST Moderator: wb
2thdr thanks
Scott-ST Moderator: [img id=em-8]
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy LAMR
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy LAMR
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy LAMR
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy LAMR 67.03
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy LAMR 67.03
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy LAMR 67.03
Scott-ST Moderator
Scott-ST Moderator: UPDATE: Moving stop on LAMR 66.69
Scott-ST Moderator: UPDATE: Moving stop on LAMR 66.69
Scott-ST Moderator: UPDATE: Moving stop on LAMR 66.69
Scott-ST Moderator
Scott-ST Moderator: UPDATE: Moving stop on LAMR 66.49
Scott-ST Moderator: UPDATE: Moving stop on LAMR 66.49
Scott-ST Moderator: UPDATE: Moving stop on LAMR 66.49
Scott-ST Moderator: UPDATE: Moving stop on LAMR 66.49
Scott-ST Moderator: should be 66.49
Scott-ST Moderator: questions?
Scott-ST Moderator: we are here if you have any questions or what us to look at a stock to review
Kramer12 would you play VNDA again?
Scott-ST Moderator: we might
Scott-ST Moderator: it would be at the HOD
Scott-ST Moderator: which is not close right now
Ken-ST Moderator: we avoid stocks trading in the p/d range or in the middle of the days range
Ken-ST Moderator: the trends are much to choppy and not a good setup for trading
Ken-ST Moderator: we trade stocks that are in great areas for trend
Ken-ST Moderator: trends
Kramer12 I understand...thanks
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on UAUA 48.07
Ken-ST Moderator: Watching for Type B Short at new low of the day on UAUA 48.07
Ken-ST Moderator: Watching for Type B Short at new low of the day on UAUA 48.07
Scott-ST Moderator: Heroes starts on Monday, Joy!!
Scott-ST Moderator: whats cooken in the Kitchen?
Scott-ST Moderator: anybody?
Scott-ST Moderator: I am so lonely [img id=em-1]
Ken-ST Moderator: lol
limey Prison Break also starts Mon
johnboy oh man......I feel a group hug coming on and the last one we had made me feel uneasy
Ken-ST Moderator: haha
alex has logged out
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Scott-ST Moderator: limey, is that guy the same one from the Unit?
Scott-ST Moderator: no, no need for a group hug Johnboy
limey I did not see the Unit , will look it up
limey They go after the corupt President this season
Scott-ST Moderator: i havent had a chance to see Prison Break
Scott-ST Moderator: looked good, just had to narrow my TV Watching
Scott-ST Moderator: CWTR at new Highs
Scott-ST Moderator: now we just need LAMR to follow
Ken-ST Moderator: CWTR new hod
Ken-ST Moderator: however it is overbought alongiwth the market
Ken-ST Moderator: with no consolidation
Ken-ST Moderator: we will pass
dennis2 ok good week-end all, see, you on monday
dennis2 has logged out
Scott-ST Moderator: tc dennis
Scott-ST Moderator: take a note on the top of CWTR
johnboy have a good weekend cats and dogs, see you on Monday.............prediction INDY and N.O.
Scott-ST Moderator: TC jb
johnboy has left the room
Ken-ST Moderator: LAMR new hod
Ken-ST Moderator: gang, be conservative with profits on LAMR
Ken-ST Moderator: its late in the day
Ken-ST Moderator: its a friday
Ken-ST Moderator: scale out profits slowly with moves in your favor
duke ok..thanks
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on LAMR 66.86
Ken-ST Moderator: UPDATE: Moving stop on LAMR 66.86
Ken-ST Moderator: UPDATE: Moving stop on LAMR 66.86
Ken-ST Moderator: scaling out on profits with moves in your favor does two things:
Ken-ST Moderator: Takes risk off the table
Ken-ST Moderator: and
Ken-ST Moderator: lowers your breakeven price on the trade
Ken-ST Moderator: as it gets later in the day
Ken-ST Moderator: there is more risk
Ken-ST Moderator: as the stock goes higher, the risk goes up
Ken-ST Moderator: as risk goes up, lighten your capital exposure
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop to entry LAMR 66.86
Ken-ST Moderator: UPDATE: Moving stop to entry LAMR
Ken-ST Moderator: UPDATE: Moving stop to entry LAMR
Ken-ST Moderator: UPDATE: Moving stop to entry LAMR
Ken-ST Moderator: risk nothing at this point gang
JP has logged out
Ken-ST Moderator: any questions gang?
Ken-ST Moderator: I will be heading out here
Ken-ST Moderator: Will see you all next week monday
Ken-ST Moderator: Take care, have a great weekend
limey has logged out
Ken-ST Moderator: stay hydrated
Ken-ST Moderator is no longer a moderator
Ken-ST Moderator has logged out
Jen has logged out
Scott-ST Moderator: take care Jen
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator: UPDATE: Moving stop to entry LAMR BREAKEVEN
Scott-ST Moderator: STOPPED Consider exit in LAMR BREAKEVEN
Scott-ST Moderator: STOPPED Consider exit in LAMR BREAKEVEN
Scott-ST Moderator: STOPPED Consider exit in LAMR BREAKEVEN
bobby has logged out
Scott-ST Moderator
Scott-ST Moderator: CANCEL ALL ALERTS
tc has logged out
Scott-ST Moderator: have a good weekend Gang
duke take care scott
Scott-ST Moderator: [img id=em-8]
Cale Later Everyone have a good weekend "Go Bears"



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