Ken-ST Moderator: ***********Market Assessment**********
Daily Chart: Below the 5 day EMA, Stochastics in downtrend
Hourly Chart: Downtrend with 20 EMA below the 50 EMA
5 min Chart: Uptrend with 20 EMA above the 50 EMA Futures are down 1 points. The overall market bias is in an overall downtrend.
rwalsh ATRS a buyout at $33/share?
Ken-ST Moderator: gm JQ
Ken-ST Moderator: gm bp, Cale, rwalsh
Scott-ST Moderator: *
**********************************************************
********** Good Morning Everyone
********** Monday January 29th, 2007
**********
**********************************************************
rwalsh gm Ken
tony has entered DayTrading Chat
Ken-ST Moderator: wb tony, gm
tony thank you gm
Ken-ST Moderator: cash buyout on ATRS we will cancel
j5 has entered DayTrading Chat
joe1 has entered DayTrading Chat
Cale NO, dont tell me CECO
Cale NO
Scott-ST Moderator: [img id=em-10]
kima has entered DayTrading Chat
Ken-ST Moderator: LAUR as well, we will cancel
Scott-ST Moderator: gm kima
Ken-ST Moderator: gm j5, joe, kima
Circa63 GM all
JP SILC? Volume could be an issue
kami has entered DayTrading Chat
kami gm
Scott-ST Moderator: be a big issue JP
Scott-ST Moderator: we can keep an eye on it
tc GNTX???
Scott-ST Moderator: see what happns
fwiw has entered DayTrading Chat
Scott-ST Moderator: we will add GNTX to watch also
johnboy has entered DayTrading Chat
Ken-ST Moderator: gm jb, fwiw
Scott-ST Moderator: GM Johnboy
johnboy GM Ken, Scott, everybody
Cale gm jb
johnboy morning Mr. Cale
JQ GM CALE ..JB
Cale wazz up
tc has logged out
johnboy top of the morning mr. JQ
Ken-ST Moderator: lets get it on gang
Scott-ST Moderator: Lets Party
steve has entered DayTrading Chat
Scott-ST Moderator: gm steve
Ricky has entered DayTrading Chat
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on CECO 28.26
Ken-ST Moderator: Watching for Type B Buy at new high of the day on CECO 28.26
Ken-ST Moderator: Watching for Type B Buy at new high of the day on CECO 28.26
steve gm
newbie has entered DayTrading Chat
Ken-ST Moderator: We will keep a loose initial stop below the lod on CECO gang
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy CECO 28.26
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy CECO 28.26
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy CECO 28.26
fwiw has logged out
Ken-ST Moderator: we will wait for a better hit on the target to record
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on CECO 27.99
Ken-ST Moderator: UPDATE: Moving stop on CECO 27.99
Ken-ST Moderator: UPDATE: Moving stop on CECO 27.99
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Scott-ST Moderator: gm bobby
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on RDWR 13.35
Ken-ST Moderator: Watching for Type B Short at new low of the day on RDWR 13.35
Ken-ST Moderator: Watching for Type B Short at new low of the day on RDWR 13.35
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Scott-ST Moderator: gm emdee
Ken-ST Moderator: gm bobby, emdee
bobby gm guys
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short RDWR 13.35
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short RDWR 13.35
emdee gm all
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short RDWR 13.35
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Ken-ST Moderator: gm panther
panther gn ty
panther gm ty
panther im new so im just looking today
Scott-ST Moderator: good idea panther
Scott-ST Moderator: set back and watch, you will catch-on very fast
Scott-ST Moderator: Lunch time is good to ask questions
panther ok tx
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JQ ty
Ken-ST Moderator: IINSP and TFSM are close
Majomx gm guys
pb stop for RDWR?
Ken-ST Moderator
Ken-ST Moderator: currently the hod
Ken-ST Moderator: we will keep it loose for now
Ken-ST Moderator: overall downtrending market
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy INSP 23.21
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy INSP 23.21
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy INSP 23.21
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop to entry CECO
Ken-ST Moderator: UPDATE: Moving stop to entry CECO
Ken-ST Moderator: UPDATE: Moving stop to entry CECO
Pontiff has entered DayTrading Chat
Ken-ST Moderator: gm POntiff
Pontiff gm ken scott gang
Scott-ST Moderator: gm Pontiff
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CECO
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CECO
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CECO
Scott-ST Moderator: MSTR closed its gap and still going lower
Ken-ST Moderator: 13.41 is a tighter stop on RDWR if you want one
Ken-ST Moderator: We will keep it loose for now
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in RDWR
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in RDWR
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in RDWR
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in RDWR
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in INSP
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in INSP
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in INSP
Pontiff has logged out
Ken-ST Moderator: cool, we'll see you all tomorrow morning
Ken-ST Moderator: have a good day gagn
Ken-ST Moderator: gang
Scott-ST Moderator: take care everyone
Scott-ST Moderator: bye
Scott-ST Moderator: J/K
Ken-ST Moderator: nice runner going on with RDWR
Ken-ST Moderator: tacked on another 2%
Cale and thats the one i missed
Cale doh
Jim out at 12.94
dennis well done, just missed RDWR
Cale good job Jim!!
Ken-ST Moderator: nice
dennis Still for 1/2 in RDWR
Cale there are always more!!
Cale its a big sea
Jim good luck
Ricky good day guys. See you tomorrow.
Ricky has logged out
Scott-ST Moderator: gj Ricky
Scott-ST Moderator: take care
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Ken-ST Moderator: gm Lorden
Lorden gm all
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Scott-ST Moderator: wb Pontiff
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Scott-ST Moderator: Panther the 1st Hour is the most active in the room
panther yea i see that
panther im still a little confused about short though
Scott-ST Moderator: go ahead and ask questions
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panther when you place a short order
panther it has to be on an uptick?
Ken-ST Moderator: No
Scott-ST Moderator: that is the general rule for trading Shorts
Scott-ST Moderator: but only to get filled
Scott-ST Moderator: you can place the oder anytime
Ken-ST Moderator: but ECNs can fill on downticks within their own routes
Ken-ST Moderator: We like ARCA the best for routing
Jen use ARCA and it won't matter
panther but the premise is that we're looking for a downturn to make profit?
Ken-ST Moderator: Yes
Scott-ST Moderator: correct, or that stock
panther ok ty
Scott-ST Moderator: np
panther if i can make some money this week im going to buy tour tapes and learn all about this :)
panther your tapes
Scott-ST Moderator: the videos will help answer a lot of questions
Pontiff has logged out
jeramie my broker won't allow me to direct my trades, so I can't choose ARCA.
Ken-ST Moderator: you need direct access jeramie, its a must for day trading
Scott-ST Moderator: who so you have jeramie
jeramie I'm wondering if that is why some stocks blow right through my stops without filling
Ken-ST Moderator: yup
jeramie thinkorswim
djg that can still happen with direct access just not as often
Scott-ST Moderator: you may just need to ask your broker to let you have direct access
Jen what kind of stop do you have? limit?
jeramie market.
Scott-ST Moderator: who is the broker you have jeramie
Ken-ST Moderator: its not just having direct access, you need a direct access platform
jeramie think or swim
djg should always fill with market you just may not like your fill
djg not saying to use market saying if you use market
jeramie I was able to cancel the order after it passed. slow/
jeramie i will look into direct access
Ken-ST Moderator: stock is below 10 but RFIL has a short at a new lod
Ken-ST Moderator: many here use DAS platform
Ken-ST Moderator: offered by Speedtrader, and Harmon Trading. Harmon trading is good if you have less than 50k
Ken-ST Moderator: imo
Ken-ST Moderator: CECO new hod
dennis Ken, wich do you suggest: DAS Pro or Speedtrader IQ?
Ken-ST Moderator: IQ is a great platform. The only thing I dont like about it is the short list. It cant update intraday.
Ken-ST Moderator: otherwise a good platform
Ken-ST Moderator: they also dont have range orders
dennis So you're more suggesting Das Pro
tony Ken, do you use market of limit?
tony or
Ken-ST Moderator: on entries i use a lot or market orders
Ken-ST Moderator: exits i use a lot of limt
tony is the time listed on this chat in sync with the market?
Scott-ST Moderator: close but not exact
Scott-ST Moderator: MSTR still giving it up, note it is canceld
djg RFIL nice drop spread scared me though
Ken-ST Moderator: yeah its thin
Ken-ST Moderator: SILC has a valid setup as well but the spread is big
djg over 1% most of the time
pb Ken do we still need to be conservative in our trading or is it time to loosen up a bit?
Ken-ST Moderator: trends are better now
Ken-ST Moderator: but we are not out of the recent range yet
Ken-ST Moderator: So i would loosen up a little but not go crazy
pb ok thanx
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Scott-ST Moderator: gm 2t2
Scott-ST Moderator: err t2t
t2t gm - late to the party today...
Scott-ST Moderator: good morning so far
t2t i see that - good job folks
Ken-ST Moderator: market still sitting in recent range
Ken-ST Moderator: intraday
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Scott-ST Moderator: wb duke
steve has logged out
duke I wondered why no one was chatting...my screen went dead!!
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Cale doh
Cale ouch
Scott-ST Moderator: gm larrybill
duke I knew Cale had to be chatting this am!!!
Cale :)
Cale and why is that duke?
Cale do I chat too much?
JQ lol
duke your not the quiet shy type...LOL
duke may get some of your snow this week cale
Scott-ST Moderator
Scott-ST Moderator: CANCEL ALL TYPE B Alerts until after Lunch!
Scott-ST Moderator: any questions?
duke has logged out
tony Scott, i just got set up with 2 monitors, DAS Pro with SpeedTrader and and ready to go
Ken-ST Moderator: nice
tony How often do you use OCO orders and can you tell me how to enter
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kramer12 what do you think about OCN at these levels?
Ken-ST Moderator: I personally do not use them often
Ken-ST Moderator: but to place them you would set your route to STOP. Hit the buy or sell button, depending on what you want to do.
Ken-ST Moderator: Stop order configuration wiindow will appear. Configure it to Range order.
Scott-ST Moderator: day trade Kramer or swing?
tony thx
kramer12 day trade
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Scott-ST Moderator: hard chart, the 5 min shows resistance at the 20 ema
Scott-ST Moderator: and Stoch's are reaching overbought, but has room to move up
kramer12 so short term....either way
Scott-ST Moderator: could go either way
Scott-ST Moderator: the market is in an up momentum: the stock is extened right now and we are running onto Lunch, I would not touch this one
kramer12 ty
Scott-ST Moderator: sure
t2t i see RDWR gave up almost a full point this morning
Scott-ST Moderator: did anyone see any movies over the weekend?
Scott-ST Moderator: almost, nice gap down play
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Scott-ST Moderator: gm Steve
Ken-ST Moderator: gm stee
Ken-ST Moderator: steve
t2t question for DAS Pro users
steve gm
t2t are u able to get anying other than a MA off 5 on your chart? all i can get is the 5
Ken-ST Moderator: on DAS?
t2t yes
djg right click chart
djg study config
djg select ma
djg then config
t2t ahhhh, thanks!
djg that work for you?
t2t yup, thanks djg
djg no problem
Scott-ST Moderator: thank you djg
t2t ouch, now i can be dangerous
Scott-ST Moderator: lol
Scott-ST Moderator: I didnt like the fact there was no NFL this pas weekend
Scott-ST Moderator: seems like an empty weekend
Scott-ST Moderator: so I had to watch Hockey, which wasnt to bad
duke has logged out
t2t tiger was doing his thing - if u like golf
Scott-ST Moderator: oh, was he?
Scott-ST Moderator: which turny?
t2t FedEx
Scott-ST Moderator: where was that?
t2t San Diego
Scott-ST Moderator: I think being a pro golfer would be fun
t2t i guess, if you like trophy wives
t2t er, eh, or husbands
Scott-ST Moderator: stocks of intrest making Highs: XING HPQ PCAR THE
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Cale oh, NFL is over?
Cale just the superbowl left?
Cale never noticed, now that the Broncos are out
Cale Go Colts
Scott-ST Moderator: Go Bears
t2t Scott, was there a reason that ATRS didn't make the Type B list? Just curious.
Scott-ST Moderator: cash buyout
Scott-ST Moderator: Symantec, is going to buy Altiris
Scott-ST Moderator: $33 per share in Chash
Scott-ST Moderator: cash
t2t okay, thx
johnboy The Broncos aren't out Cale
Cale no?
Cale they have a chance?
Cale sweet!!!
johnboy yeah, in fact they are the favorite
johnboy so I'll bet you $100 bucks on the other team, and you can have your Broncos
Cale whats the point spread?
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johnboy 6.5
johnboy but for you, because I like you, 9.5
Cale okay cool
Ken-ST Moderator: who do you like in the SB jb?
Cale lets just bet a case of lotion
johnboy ouch
johnboy Chicago by 21
johnboy Indy has no defence against the run
Ken-ST Moderator: i like your thinking
johnboy I predict Chicago will run for 350 yards
Ken-ST Moderator: I think Chicago will ball control the entire game
JQ Cale dont you remember you dont like WIDE spreads bro
Cale is 6.5 wide?
johnboy it's too bad you can't see me roll my eyes
Cale lol
johnboy we need those crazy glasses they had in Blade Runner when they checked to see if you were a replicant.......boy is that dating myself
JQ lmao
Ken-ST Moderator: lol
Scott-ST Moderator: lol
johnboy man I creeped myself out, just thinking about swapping out a chart for a live feed of Cales magnified eyeball.........gives me the shivers
Scott-ST Moderator: yes you are dating yourself
johnboy how can I answer that AND keep it PG-13?
Cale wow, JB time for you to go get some sleep
Ken-ST Moderator: lol
JQ TALKINCODEJB!!!!
johnboy man, speaking of sleep
Scott-ST Moderator: later jb
Cale lol, go take a nap
johnboy on Friday night, I was at work listening to my mp3 player
johnboy I downloaded this hypnosis thing on procrastination
johnboy so, while I was procratinating doing my job, I listened to this tape, but I was pretty tired......so I nodded off
Ken-ST Moderator: let us know if it works
Scott-ST Moderator: no good Johnboy
johnboy I woke up about 10 minutes later and the woman giving the hypnosis was saying "you are a failure, you will never accomplish anything, you are lazy, you will never succeed..."
JQ and
johnboy it went on "by downloading and not paying for this program, honest people are losing money and they have no food, money for their kids, etc
JQ and
johnboy and then after ripping me a new one, it gave a link to some website to "redeem" myself and order the real hypnosis tape
JQ lmao
Ken-ST Moderator: lol
johnboy I was totally stunned, but thought that was pretty funny for them to go that much trouble
johnboy at first I thought it was just reverse pyschology
Ken-ST Moderator: hahaha
Scott-ST Moderator: lmao
johnboy so I guess they hypnotize you and then you go online and order their tapes...............not a bad idea
t2t JNPR is playing with its HOD
Scott-ST Moderator: not a bad looking chart
Scott-ST Moderator: long term
Ken-ST Moderator: we may start scanning for Type C shortly
msheiner TFSM @ $10.00 entry still $10.09?
Ken-ST Moderator: yes
msheiner Thanks
Scott-ST Moderator: all type A plays are open all day long
Scott-ST Moderator: until we cancel ALL alerts near the close of the market
Scott-ST Moderator: they are a "set and forget" play
msheiner Ok thanks
Scott-ST Moderator: np [img id=em-8]
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Scott-ST Moderator: wb
msheiner I lost the table part should I log in again?
msheiner has logged out
Scott-ST Moderator: sure
Scott-ST Moderator: I hate when I lose the table part
Cale lol, you need to have the table part before you can lose it
Scott-ST Moderator: yes, good point, thanks Cale
Cale hey No Problem
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Cale thats why I am here
Cale oh, that and to let JQ and JB pick on me
Scott-ST Moderator: did that work msheiner?
tony Scott, Type A set and forget, limit orders in the am and let them sit?
Cale msheiner, is that Ms. Heiner?
msheiner Yes back on now all Ok thanks
Scott-ST Moderator: thats right Tony
msheiner Cale my name is Maurice Sheiner
tony thx
Cale ah, hello Maurice
johnboy good cover ms, that should throw Cale of your trail for a while
msheiner Hello Cale
Cale so it really should be mssheiner
Cale your missing an S
Cale lol JB
Scott-ST Moderator: [img id=em-5]
Scott-ST Moderator: okay so who is going to be 1st to go out and buy Vista??
johnboy I think Ballmer could take Jobs in a fight
Scott-ST Moderator: I know I will be up at Midnight wating for the stores to open so I can be the 1st
t2t i have it for free Scott
Cale LOL
johnboy lol
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Ken-ST Moderator: yeah Ballmer looks like he could support a nickname Bruiser
Scott-ST Moderator: hows that t2t?
t2t MSDN
Cale whats what his Wife says?
johnboy my windows 95 is aok 4me
Scott-ST Moderator: have you installed it?
Scott-ST Moderator: not sure I would want to get it up and running for a while
Scott-ST Moderator: let the bugs get worked out 1st
t2t installed a beta a few months ago to see how stable it was
johnboy and?
Cale ya and?
t2t i would wait for SP1 first if i was really going full time with it
Cale he had to remove it
johnboy lmao
Cale does it come with CPU lotion?
t2t it never blue screened but i was missing some key drivers for perfs...
t2t usb was a bit wacky too
johnboy nothing wrong with XP, I don't think there is really a big pent up demand for a new OS
t2t it kept installing my printer drivers every time i turned it on
Cale thats the worst thing about MS, is the drivers and the registery file
tony one more question, trying to set up tfsm, how do we set up the limit to buy, limit sell and stop, or is that too much?
Ken-ST Moderator: you setup the sell after you get in
tony thx
t2t JNPR rolled over
Scott-ST Moderator: just as the markets shot up
t2t OBV turned up, shoch's down, riding the 20MA
t2t thru the 20
t2t na, not going there, think i'll have some soup instead
Scott-ST Moderator: deep voice
Scott-ST Moderator: wow
Scott-ST Moderator: Rita
Cale lol
Cale she has a very deep voice
Cale man voice
Cale but nice looking
t2t who's jvt? some flake like me?
Scott-ST Moderator: ?? what do you mean t2t?
t2t sorry scott, never mind
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Scott-ST Moderator: take care tony & seven7
limey Got my 2% see you all on Tues !!
Ken-ST Moderator: nice limye
Ken-ST Moderator: gj
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Ken-ST Moderator: thats the way to do it
Ken-ST Moderator: wb tony
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tony thx, sorry to bug you guys with simple questions.
Scott-ST Moderator: good job Limey
Ken-ST Moderator: not at all tony
Scott-ST Moderator: np tony
Scott-ST Moderator: Ken is the DAS god though
tony can you walk me through a trade with a Type A
Scott-ST Moderator: sure
Scott-ST Moderator: we add the type A's before the markets open
Ken-ST Moderator: stepping away for a short break gang
tony im in DAS now and watnt to set up TFSM and XMSR
Scott-ST Moderator: we cancel the type A if it opens above our target price
Scott-ST Moderator: okay Ken
Scott-ST Moderator: that I cant help with much at all, need Ken or someone with DAS
Scott-ST Moderator: djg I think does
Scott-ST Moderator: sorry tony
tony np, just need to know what type of order it is, limit, etc.
tony i can operate the software
Ken-ST Moderator: I will go over it when i get back tony
tony thx
Scott-ST Moderator: anyone have anyother questions?
Scott-ST Moderator: but only questions that I can answer
Cale did anyone short FRPT?
Cale damn
t2t damn is right
Scott-ST Moderator: it was in range turing the morning
Scott-ST Moderator: now its just falling apart
t2t are "teenies" most definitely a thing of the past?
johnboy I'm almost afraid to ask........"teenie?"
t2t scalping
johnboy LMAO
johnboy ok, sorry.........yep, that's what I was thinking too
Cale not going there
Ken-ST Moderator: back
Scott-ST Moderator: wb
Cale JB we had our minds in the same place
Ken-ST Moderator: tony to setup an order to buy at higher prices that is a buy stop order.
Ken-ST Moderator: you would set your route to stop, set your volume and hit buy
Ken-ST Moderator: then configure your stop order
tony done, thanks
Ken-ST Moderator: yw
t2t thanks Cale, long on FRPT close to LOD, quick 1%
Cale wow ballsy t2t, good job
t2t sometimes i feel i'm maybe too ballsy but i thought it would be slow during lunch and easy to manage
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panther what is lod?
Scott-ST Moderator: now it is 17.56
t2t low of day
Scott-ST Moderator: lod = Low of Day
t2t i have it at 17.8 now
panther now for the dumb question
Scott-ST Moderator: any question
panther how did you know that was going to be the lod
Scott-ST Moderator: is good to ask
t2t sorry scott, yes lod is 17.56
Scott-ST Moderator: he didnt know panther
panther just watched it and took a chance?
t2t yes, waited until i thought it was going to turn up and got in at 17.66
Scott-ST Moderator: it might go lower, but t2t used his/her indicators to determine it might be a bottom and go higher
panther interesting, obviously you've been at this a while.
t2t pulled out at 17.88
t2t i have been paper trading almost 4 years until i got funds to throw real coin at it
t2t with some breaks of course
t2t i don't get them all right!!!!
panther yeh thats my hope. Just got some coin but not the knowledge, yet.
t2t take it slow........
Scott-ST Moderator: Panther, I would suggest taking tiny baby steps
panther u bet
Scott-ST Moderator: dont try to hit the home run on each trade
panther yes Scott thats my plan
Scott-ST Moderator: base hit after base hit wins every game
Scott-ST Moderator: cool
panther You guys look like u have a great percentage of hits in the + too
Scott-ST Moderator: since September 1st we are up 78.88%
Scott-ST Moderator: with just little base hits
panther WOW
Scott-ST Moderator: I use September because that is when we started using the new system to input all our trades into a database so its easy to pull up data
Scott-ST Moderator: and we had a few hard months in there
Scott-ST Moderator: so just take it very very small to start
tony riding WFR now
Scott-ST Moderator: manage your capital before you worry about taking profits
t2t scott, i think u are right about JNPR - making new HOD's
Scott-ST Moderator: very nice tony
t2t jeez, very nice tony
tony i've been following WFR for over a year
Scott-ST Moderator: nice chart on WFR
Scott-ST Moderator: it starting to look a bit over extended
panther wow again
t2t wfr has a big window from a few days ago
duke somebody needs to kick TFSM
Ken-ST Moderator: no trigger no problem
Ken-ST Moderator: scanning for Type C shorts
Ken-ST Moderator: also looking to open any valid short alerts
t2t if TFSM cracks, it will not be slow
t2t mmmm, JNPR is getting ripe
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kramer12 what do you think about going long VPRT here for a day trade?
Ken-ST Moderator: no go here.
Ken-ST Moderator: Not with the market overbought in an overall downtrending market
Scott-ST Moderator: i would stay away with the markets in a very overbought area
kramer12 ok...thanks
Ken-ST Moderator: it may work out, but it does not seem like much in our favor
Scott-ST Moderator: note VPRT's Stocks, turning down now
Scott-ST Moderator: on the 5 min
Scott-ST Moderator: as ken pointed out, it might work out but we play things a bit more conservative
Scott-ST Moderator: we like to play the market indicators
jeramie has left the room
Scott-ST Moderator: take care jeramie
Scott-ST Moderator: anyone else with a stock to have reviewed
Scott-ST Moderator: how about a movie review?
Scott-ST Moderator: or a TV show review?
Scott-ST Moderator: car Review?
tony Ford GT
Scott-ST Moderator: hair Review?
Scott-ST Moderator: ah Car
Scott-ST Moderator: Poor Ford
t2t how about the Bugati?
Scott-ST Moderator: ah the bugatti
t2t yes, too t's, sorry
Scott-ST Moderator: just a little above my price
Scott-ST Moderator: dont be sorry
Scott-ST Moderator: i cant spell
Scott-ST Moderator: nice car
t2t how about the new 1098 Ducati?
Scott-ST Moderator: if you like that kinda thing
Scott-ST Moderator: you have one t2t?
t2t nope, legs are too short
Scott-ST Moderator: Lol
t2t Monster and a 749r
t2t what about short on JNPR
Scott-ST Moderator: I saw a ducati in a car show once
Scott-ST Moderator: I remember seeing those back in the 50's
t2t love my duc's!
Scott-ST Moderator: which one do you have t2t
t2t 749r superbike and
Ken-ST Moderator: Intraday Trend is Sideways to Down
t2t s2r 800 Monster
Scott-ST Moderator: looked at the monster 695
Scott-ST Moderator: what color?
Scott-ST Moderator: the red, right
t2t 749 is red and monster is "dark"
Scott-ST Moderator: you seem like a "wave the red flag" kinda guy
t2t lmao
Scott-ST Moderator: that as dule exhust right?
Scott-ST Moderator: the 800?
Scott-ST Moderator: exhaust
Scott-ST Moderator: thats a nice looking bike
t2t yes, carbon fiber of course
Scott-ST Moderator: lol
t2t 749's come in red, yellow or black
Scott-ST Moderator: you like chain better then shaft?
t2t that's ducati chrome, carbon fiber
t2t only chain for me
Scott-ST Moderator: so you have never had one blow out on you have you?
t2t knocking on wood, NO
Scott-ST Moderator: I was doing 70 down the highway and had one strip right off
t2t ououch, was it old? rusty?
Scott-ST Moderator: ZRX 1100 Kawasaki
t2t got me talking Ducati's and i missed my JNPR short play
t2t knew someone else to broke a chain
t2t Suzuki TL
t2t going fast too
Scott-ST Moderator: oppps sorry
tony Scott, i used to have a zrx1100
t2t i still think it has room to the down side
Scott-ST Moderator: used to? sold it?
tony favorite bike ever
Scott-ST Moderator: I agree t2t
Scott-ST Moderator: yep me too Tony
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tony reminded me of my first big bike 1980 LTD 1000
Scott-ST Moderator: love the quick speed, not so much the high in speed
tony not that stable high speed but fun and retro
Scott-ST Moderator: honda 500 was my 1st bike the "[i]Thumber[/i]
t2t single, right?
Scott-ST Moderator: ascot 500
Scott-ST Moderator: yep
Scott-ST Moderator: love that bike
t2t i remember those
tony I bought a Ford GT last year, no more bikes
Scott-ST Moderator: it was so much fun
t2t ex-gf's father had one
t2t he raced the Isle of Man
Scott-ST Moderator: with the Honda?
t2t that race is nuts!
t2t no, he collected too
t2t i had to kick start that thing! wheew, kiiller
Scott-ST Moderator: lol
Scott-ST Moderator: and those damn cognito fuses
tony Ken, to short XMSR do you put the 13.92 price in both boxes? Trigger price and Limit price?
Ken-ST Moderator: it all depends where you want your limit order
Ken-ST Moderator: if you wantto send a limit order
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Ken-ST Moderator: trigger prices idicates WHEN to send the order
tony So this is typically a market order
Scott-ST Moderator: okay Gang we are rolling out of lunch and we will look at short alerts 1st
Ken-ST Moderator: you can send either
t2t AMD if new LOD?
t2t however, good support at 16, but a big drop might send it south
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Ken-ST Moderator: not a bad setup t2t
t2t thx, don't know if it will happen but who knows....
Ken-ST Moderator: t2t, the tight stop is there if
Ken-ST Moderator: you are planning on trading it
t2t if it breaks 15.85, i'll be close
Scott-ST Moderator: and has the room to fall
Ken-ST Moderator: We will pass on it however
Ken-ST Moderator: based on this.....
t2t okay
Ken-ST Moderator: it is taking on a support area of the past three days
Ken-ST Moderator: correct that there is not much support below, however, the market is in a trading range today.
Ken-ST Moderator: it would be a better setup if the market was trending
Ken-ST Moderator: also if you look the intraday market is oversold now
t2t thanks
Ken-ST Moderator: gang the market is flashing warning signs all over the place on the daily chart
Ken-ST Moderator: the intraday chart is also trading like a countertrend in an overall downtrend
panther Ken, besides all your yrs. of experience, do you have some turbo charged software that gives you market indications?
Ken-ST Moderator: no panther, i keep it simple
Ken-ST Moderator: ive tried a lot of indicators
Ken-ST Moderator: and have concluded that the simplest is the best
Ken-ST Moderator: there is no correct or incorrect indicaotr
Ken-ST Moderator: all of them work
panther i couldn't agree more.
Ken-ST Moderator: you just need to find the right strategy for it
Ken-ST Moderator: i use the simplest indicaotors: MAs, Stoch and Candlesticks
Ken-ST Moderator: and one of the most important factor:
Ken-ST Moderator: Time Of Day
t2t what to u have your Stochs set at?
Ken-ST Moderator: our strategy is built upon the most fundamental basics of technical analysis
Ken-ST Moderator: 14,3
t2t thx
t2t what's that indicator that tells you what's going to happen an hour from now?
panther hahaha
Cale yea, its Streetsigns
Cale with Erin!!!
Ken-ST Moderator: lol
Ken-ST Moderator: no predictions
Ken-ST Moderator: gang, I would play swing trade longs very tight
Ken-ST Moderator: if you are in the money you can alway take profits
Ken-ST Moderator: nasdaq looking very bearish
Ken-ST Moderator: on daily
Ken-ST Moderator: Those of you in IVGN long, consider a stop at entry
Ken-ST Moderator: or take your profits
Cale profits are nice
panther Gotta go to work. Tx and c u tommorow
johnboy check out RSPG HOD
johnboy 3.35? LOL
Scott-ST Moderator: take care Panther
panther has left the room
Ken-ST Moderator: it got as high as 2.40
Scott-ST Moderator: 2.40
Ken-ST Moderator: the train has not left the station yet
johnboy my charts are extra funky today
Ken-ST Moderator: still not too late
msheiner has logged out
johnboy apparently Friday doesn't count, so no data for Friday
johnboy better reboot
Cale QID love that
Cale doing well in my IRA
Cale shortting the market (kinda)
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tony thx for the help today, be back tomorrow.
Scott-ST Moderator: take care tony
Scott-ST Moderator: hav a good evening
tony has left the room
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Scott-ST Moderator: wb Ms. S
Ken-ST Moderator: Scannning for Type C longs
Ken-ST Moderator: RDWR testing its lod area
Ken-ST Moderator: would like to see some consolidation
Scott-ST Moderator: again
t2t OVTI doing same thing
Ken-ST Moderator: we will pass on RDWR
Ken-ST Moderator: market is very oversold
Ken-ST Moderator: there was a signal there at .59
Scott-ST Moderator: a lot of stocks making lows looks like they have found thir bottome
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Scott-ST Moderator: GOOG SNDK RMBS
Ken-ST Moderator: RDWR made it
Ken-ST Moderator: checkout the setup on RDWR
Ken-ST Moderator: thats a nice chart to study
Ken-ST Moderator: it had the first breakdown to 12.60
Ken-ST Moderator: then a rally back up to the 5 ema on 5 min
Ken-ST Moderator: that would make it a nice trigger at a new lod with a tight stop at the rally high
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Ken-ST Moderator: the only thing that wasnt favorable was the market trend
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Scott-ST Moderator: hello kramer
Scott-ST Moderator: and welcome back
kramer12 what do you think about shorting JOYG here....hello
Ken-ST Moderator: Market is very oversold
Cale there is JQ's Melissa F.
Ken-ST Moderator: not favorable to initiate shorts at this time
Ken-ST Moderator: its also sitting near the recent support area on its daily chart
JQ Sweet !!!!!!
Ken-ST Moderator: also sitting at its 50 day EMA
Ken-ST Moderator: the trade may work out, but there are a lot of things that are not favorable with that trade from what I see
kramer12 thanks for your opinion...I am going to pass...should go straight down now
Ken-ST Moderator: lol
JQ Cale I think Erin has lowered her hair helmet!
Cale yep I think so too
Cale looken good
Ken-ST Moderator: anyone has a home gym?
Ken-ST Moderator: I am looking for something to work the legs that i can do laying down
Ken-ST Moderator: i cant squat
Cale bowflex
Ken-ST Moderator: my back is fragile
Jim I have a home gym
Cale flex to the beer refrig and back to my chair
Ken-ST Moderator: yeah but does bowflex have it in a squating style?
johnboy swimming
Ken-ST Moderator: I have a full cage, but cant squat
t2t Ken, fyi, AMD hit .85 but came right back up
Ken-ST Moderator: yup not much downside
Ken-ST Moderator: its extended....would be better if it had more market behind it
Ken-ST Moderator: market churning in range
t2t good call
Ken-ST Moderator: tx
Ken-ST Moderator: Whoa JOYG is tanking!!!!!!
Ken-ST Moderator: nah just kidding
Scott-ST Moderator: [img id=em-0]
t2t made me look
Ken-ST Moderator: just messing with you Kramer
johnboy One day, a Mechanical Engineer, Electrical Engineer, Chemical Engineer and Computer Engineer were driving down the street in the same car. All of a sudden, the car broke down.
The Mechanical Engineer said, "I think a rod broke."
The Chemical Engineer said, "The way it sputtered at the end, I don't think it's getting gas."
The Electrical Engineer said, "I think there was a spark and something is wrong with the electrical system."
All three turned to the computer engineer and said, "What do you think?"
kramer12 it will tank....just wait
johnboy The Computer Engineer said, "I think we should all get out and get back in."
Ken-ST Moderator: lol
Scott-ST Moderator: lmao
t2t good one jb
JQ lmfao
Ken-ST Moderator: I thought he said to the driver:"sigh..MOVE"
t2t lol, yea "let me drive for a minute"
Ken-ST Moderator: Intraday Trend is Sideways to Up
msheiner has logged out
Scott-ST Moderator: huh?
Scott-ST Moderator: MOVE?
Scott-ST Moderator: I dont get it
JQ WTF?
Ken-ST Moderator: SNL joke
t2t as a comp geek, i always say "here, let me drive"
Scott-ST Moderator: an
Scott-ST Moderator: ah
Scott-ST Moderator: havent watched SNL in a long time
johnboy what?
JQ Great Scott
Scott-ST Moderator: Saturday Night Live
johnboy Scott, you should watch just to see Amy Poehler
Scott-ST Moderator: what else does SNL stand for?
johnboy it's like S&M, but the L stands for.....................
Cale Scott, Dont worry I am lost too
Scott-ST Moderator: okay as long as its not just me
Cale but I dont really need to understand what these guys talk about, as you do need to
JQ Iam with you Boys
Scott-ST Moderator: = [img id=em-0]
Scott-ST Moderator: JQ can you draw me a map?
JQ What does Cale = ???
JQ Great Scott I am sending smoke signals
Scott-ST Moderator: Cale = [img id=em-0][img id=em-1][img id=em-6]
Scott-ST Moderator: ty JQ
t2t hey guys, anything in the crystal ball for OVTI?
JQ lol
Scott-ST Moderator: nada
Scott-ST Moderator: right in Fridays Range
Ken-ST Moderator: note how that quick move down on RDWR was close to the bottom
Scott-ST Moderator: look at it when it gets down to 10.99
johnboy Cale = bluepies
JQ Ken cant see thru his crystals LOL
Cale blue pies?
johnboy as in: It is not a competition, Lindsay. We are doing this to save our marriage. But I should be telling you that I have been meeting more than my fair share of groupies. Or should I say "blue-pies"?
Ken-ST Moderator: lol
johnboy LMAO
Cale more SNL?
johnboy I find things that no one else finds funny that much funnier................
johnboy arrested development
JQ Jb are you into pontiffs glue??
Scott-ST Moderator: I think he is
Cale yep need to rent Arrested Dev
johnboy Pontiff has glue!......bastid, he told me he was out
JQ LOL
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short XMSR 13.92
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short XMSR 13.92
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short XMSR 13.92
johnboy Cale/JQ........you guys should rent the tv show, you would enjoy it
johnboy or you can watch it in streaming form on your computer (free) but it's kind of low resolution
Ken-ST Moderator: best sitcom that was on tv imo
Cale thats what Ken keeps saying
Cale I just dont have NetFlix anymore
johnboy okay Cale, don't freak out, I'm going to send you a PM
Cale lol
Cale where can i get the streaming version?
Scott-ST Moderator: One Hour Gang
Scott-ST Moderator: looks like we will just ride out our type A's for the rest of the day
JP has logged out
Circa63 has logged out
Scott-ST Moderator: wow am I running very one off?
bobby has logged out
Scott-ST Moderator: I guess so
JQ looks that way what did you say?
Scott-ST Moderator: not sure what I said wrong
Scott-ST Moderator: just that we only have 1 hour left
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Scott-ST Moderator: wb Ms. S.
johnboy thanks for the day everybody, I have to go now and get in line for MS VISTA just so I am front of Scott
Scott-ST Moderator: later JB
Ken-ST Moderator: lol
Ken-ST Moderator: later jb
johnboy has left the room
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Ken-ST Moderator: wb msheiner
Ken-ST Moderator: wb bobby
JQ maybe it was Cale telling everybody he wanted to go streaming with JB
Cale LOL
Cale he never sent me the URL
djg tease
JQ I think that tape JB listened to did some type of brainwashing
Cale how can you wash nothing?
JQ Your right Cale it gave him a glueing
Cale he has a glue gun
Scott-ST Moderator
Scott-ST Moderator: CANCEL ALL ALERTS