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********** Good Morning Everyone
********** Thursday January 30th, 2007
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Ken-ST Moderator: gm Lippy, Dennis
JQ has entered DayTrading Chat
JQ GM gang
panther has entered DayTrading Chat
djg has entered DayTrading Chat
Ken-ST Moderator: gm JQ, panther, djg
panther ty gm Ken
Scott-ST Moderator: gm JQ
Scott-ST Moderator: gm Panther
Cale gm Scott
Cale gm JQ
Cale gm Ken
panther gm Scott
Cale Good Morning Everyone
djg gm all
Scott-ST Moderator: gm djg
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Ken-ST Moderator: wb
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Ken-ST Moderator
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: Downtrend with 20 EMA below the 50 EMA

Futures are up 3 points. The overall market bias is in an overall downtrend.
Ricky has entered DayTrading Chat
Scott-ST Moderator: gm Ricky
Scott-ST Moderator: gm t2t
t2t gm all
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Ken-ST Moderator: gm ricky, msheiner
t2t would u consider ASMI for a type B?
msheiner gm
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Ricky GM
Ken-ST Moderator: yes its solid
Scott-ST Moderator: gm msheiner
Scott-ST Moderator: JP brought up ASMI also
Scott-ST Moderator: we will add it
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kami gm
t2t cool - think i'm beginning to understand
Ken-ST Moderator: nice
Scott-ST Moderator: [img id=em-10]
Ken-ST Moderator: gm joe, kami
bobby has entered DayTrading Chat
Ken-ST Moderator: gm bobby
steve has entered DayTrading Chat
Ken-ST Moderator: gm steve
kima has entered DayTrading Chat
bobby gm
Ken-ST Moderator: gm kima
steve mrng
tc has logged out
Scott-ST Moderator: Lets get this Party Started!!!
Scott-ST Moderator: gm steve
Ken-ST Moderator: lets get it on gang
johnboy has entered DayTrading Chat
johnboy gm everybody
Ken-ST Moderator
Scott-ST Moderator: gm Johnboy
Ken-ST Moderator: Watching for Type B Short at new low of the day on VLTR 12.87
Ken-ST Moderator: Watching for Type B Short at new low of the day on VLTR 12.87
Ken-ST Moderator: Watching for Type B Short at new low of the day on VLTR 12.87
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on UTHR 52.24
Ken-ST Moderator: Watching for Type B Short at new low of the day on UTHR 52.24
Ken-ST Moderator: Watching for Type B Short at new low of the day on UTHR 52.24
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on ICUI 36.49
Ken-ST Moderator: Watching for Type B Short at new low of the day on ICUI 36.49
Ken-ST Moderator: Watching for Type B Short at new low of the day on ICUI 36.49
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on IPSU 31.22
Ken-ST Moderator: Watching for Type B Buy at new high of the day on IPSU 31.22
Ken-ST Moderator: Watching for Type B Buy at new high of the day on IPSU 31.22
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy IPSU 31.22
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy IPSU 31.22
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy IPSU 31.22
Jim missed it
Ken-ST Moderator
Ricky that was too easy
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in IPSU 31.22
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in IPSU 31.22
allegro_bob has entered DayTrading Chat
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in IPSU 31.22
j5 missed iit
Lippy me too
Circa63 missed that ouch
limey Would of had to buy that before the trigger
t2t yea, that was real quick
duke missed it
Cale Got in
kima IMPOSSIBLE TO GET
Cale got in just as the alert was set
Ricky mee too
Cale looked just too perfect
Cale good job Ricky
Cale still in
duke fastball
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Ricky Scott, you there?
Scott-ST Moderator: Sir?
Ricky Just checking. Got booted out and then the chat wasn't moving. Reminded me of marriage.
Scott-ST Moderator: LOL
kramer12 has logged out
johnboy LMAO
Ken-ST Moderator: HAHA
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Ken-ST Moderator: kramer
kramer12 yes
j5 kramer is that you? j/k
kramer12 yes...what's up?
j5 hey, not much, slow day
kramer12 yup
Scott-ST Moderator: Fed's meet today
Scott-ST Moderator: at 2:00
j5 might call it the day early
Pontiff has entered DayTrading Chat
Pontiff gm ken scott gang
Ken-ST Moderator: gmpontiff
Scott-ST Moderator: and FOMC Announcement is tomorrow at 2:15
Scott-ST Moderator: gm Pontiff
Scott-ST Moderator: good job j5
j5 lol, i'll be locking my $0 loss
Ken-ST Moderator: lol
Ken-ST Moderator: VLTR we will stay clear of the first break
Ricky Canceling the alert on VLTR?
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on BWLD 50.08
Ken-ST Moderator: Watching for Type B Short at new low of the day on BWLD 50.08
Ken-ST Moderator: Watching for Type B Short at new low of the day on BWLD 50.08
Ken-ST Moderator: ICUI is close
j5 isui stop still hod?
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Ricky Ken, are you canceling the alert on LVTR? Wasn't sure what you meant earlier.
Ricky VLTR
Ken-ST Moderator: ty Ricky
Ken-ST Moderator
msheiner We cancel ICUI?
Ken-ST Moderator: Cancel VLTR for now
Ken-ST Moderator: ICUI is good, it just hasnt triggered yet
Ken-ST Moderator: BWLD is close
j5 initial stop on icui?
Scott-ST Moderator: we would move it down to 37.41 if it triggers
Ricky If you scrambled the letters between IPSU and ICUI, you could get quite an interesting combo. ICUP, IPUC....
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short BWLD 50.08
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short BWLD 50.08
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short BWLD 50.08
Jim the chart is not getting updated? VLTR? BWLD?
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop to entry BWLD
Ken-ST Moderator: UPDATE: Moving stop to entry BWLD
Scott-ST Moderator: Jim, right click on the tabe and select Refresh
Ken-ST Moderator: UPDATE: Moving stop to entry BWLD
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on KRON 35.68
Ken-ST Moderator: Watching for Type B Short at new low of the day on KRON 35.68
Ken-ST Moderator: Watching for Type B Short at new low of the day on KRON 35.68
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Scott-ST Moderator: wb Jim
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
j5 nice
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BWLD
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BWLD
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BWLD
emdee BWLD cover .59 for.40 thnx
Ken-ST Moderator: gj emdee
Cale Its just to easy
Cale thanks Ken/Scott
Cale Swing Trades is paying me to be here!!!
j5 lol cale, like candy from children
Cale err the market is
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
t2t great guys! 1/2 still in.
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Ken-ST Moderator: TYPE B Trade (Gap). Consider Short ICUI 36.49
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short ICUI 36.49
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short ICUI 36.49
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on ICUI 37.01
Ken-ST Moderator: UPDATE: Moving stop on ICUI 37.01
Ken-ST Moderator: UPDATE: Moving stop on ICUI 37.01
j5 bwld nice runner
Cale yep, and I didnt take only 1/2
Cale but thats all good
j5 man look at the l2 on bwld
j5 the spx forced me to hit ESC earlier
Scott-ST Moderator: lol
j5 still about 1%, also had a smol position due to the stop
j5 smol? lol small
JP XING hitting new highs
Scott-ST Moderator: hehe smol
Scott-ST Moderator: you in JP?
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ASMI 22.82
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ASMI 22.82
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ASMI 22.82
JP Not now but I trade it a lot.
Ken-ST Moderator: OFFER STILL AT 22.81 ON asmi
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ASMI 22.82
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ASMI 22.82
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ASMI 22.82
Ricky I'm out. See you guys tomorrow.
Ricky has logged out
Ken-ST Moderator: ok ricky
Ken-ST Moderator: have a good one
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Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on UTHR 54.10
Ken-ST Moderator: Watching for Type B Buy at new high of the day on UTHR 54.10
Ken-ST Moderator: Watching for Type B Buy at new high of the day on UTHR 54.10
emdee has entered DayTrading Chat
Ken-ST Moderator: wb
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Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on VLTR 12.87
Ken-ST Moderator: Watching for Type B Short at new low of the day on VLTR 12.87
Ken-ST Moderator: Watching for Type B Short at new low of the day on VLTR 12.87
go4it has entered DayTrading Chat
Scott-ST Moderator: welcome go4it
Ken-ST Moderator: gm go4it
Scott-ST Moderator
Scott-ST Moderator: UPDATE: Moving stop on ASMI 22.73
Scott-ST Moderator: UPDATE: Moving stop on ASMI 22.73
Scott-ST Moderator: UPDATE: Moving stop on ASMI 22.73
Scott-ST Moderator: UPDATE: Moving stop on ASMI 22.72
Scott-ST Moderator: UPDATE: Moving stop on ASMI 22.72
Scott-ST Moderator: UPDATE: Moving stop on ASMI 22.72
Scott-ST Moderator: 22.72
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go4it didn't mean to ignore your welcome. Just reviewing this am chat and recommendations.
Scott-ST Moderator: No problem
Ken-ST Moderator: its too late go4it, the tears are already rolling down my cheek
go4it Now you make me feel bad.
Ken-ST Moderator: jk np, we are always busy in the am too
Ken-ST Moderator: vltr
Ken-ST Moderator: is close
rwalsh i tried to sell the ISLD bid on VLTR at .88 and it wouldn't give me any shares
Scott-ST Moderator: try ARCA
duke e trade says no shares on ICUI or VLTR
Scott-ST Moderator: sometimes you can call and ask them to make some shares available to short
Scott-ST Moderator: just depends
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy UTHR 54.10
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy UTHR 54.10
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy UTHR 54.10
Scott-ST Moderator
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy UTHR 54.10
emdee UTHR .1
Scott-ST Moderator
Scott-ST Moderator: UPDATE: Moving stop on UTHR 53.49
Scott-ST Moderator: UPDATE: Moving stop on UTHR 53.49
Scott-ST Moderator: UPDATE: Moving stop on UTHR 53.49
t2t Ken, on chat u said Buy UTHR not Short
JP It is a buy.
Scott-ST Moderator: 9:32 was the short alert
Scott-ST Moderator
djg there were both short and long triggers long trigger hit
Scott-ST Moderator: UPDATE: Moving stop on ASMI 22.82
Scott-ST Moderator: UPDATE: Moving stop on ASMI 22.82
Scott-ST Moderator: UPDATE: Moving stop on ASMI 22.82
Scott-ST Moderator: thats right, ty djg
t2t okay, just got confused looking at thc chart - UTHR is in there twice
t2t got it
Scott-ST Moderator: once for the short and once for the long
Scott-ST Moderator: cool
duke I have done the same thing
t2t so i guess i'm abby normal.
duke your normal...LOL
Scott-ST Moderator: lol, nah, you are normal
Scott-ST Moderator: UPDATE: Moving stop to entry ASMI 22.82
Scott-ST Moderator: UPDATE: Moving stop to entry ASMI
Scott-ST Moderator: UPDATE: Moving stop to entry ASMI
Scott-ST Moderator
Scott-ST Moderator: UPDATE: Moving stop on ICUI 36.76
Scott-ST Moderator: UPDATE: Moving stop on ICUI 36.76
Scott-ST Moderator: UPDATE: Moving stop on ICUI 36.76
JP has logged out
t2t anyone still in BWLD?
bobby good job on ipsu
Cale I wish t2t
Scott-ST Moderator: Good job bobby
t2t i think i broke a rule, but still in a bit
emdee UTHR sweet
Scott-ST Moderator
Scott-ST Moderator: UPDATE: Moving stop to entry UTHR
Scott-ST Moderator: UPDATE: Moving stop to entry UTHR
Scott-ST Moderator: UPDATE: Moving stop to entry UTHR
djg VLTR getting close
t2t scott, think BWLD can close that window from October? hehehe
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Scott-ST Moderator: again
Scott-ST Moderator: it could t2t
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Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in UTHR
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in UTHR
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in UTHR
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in UTHR
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS Until after Lunch
Scott-ST Moderator
bobby good job on vltr
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator: STOPPED Consider exit in ASMI
Scott-ST Moderator: STOPPED Consider exit in ASMI
Scott-ST Moderator: STOPPED Consider exit in ASMI
Scott-ST Moderator: STOPPED Consider exit in ASMI break even
Scott-ST Moderator: STOPPED Consider exit in ASMI break even
j5 has logged out
Scott-ST Moderator: any questions?
kramer12 yes...on my second half of UTHR am I correct that I am supposed to hold on as long as it does not cross the first EMA and I should move my stop up to entry?
bobby has logged out
t2t ICUI has flatlined....call a medic
allegro_bob ntri has been a good ride
Scott-ST Moderator: Kramer, that is up to you
Scott-ST Moderator: I would suggest at least to break even
Scott-ST Moderator: and keep moving it up, make sure you lock in all profits
kramer12 ty
Scott-ST Moderator: [img id=em-8]
allegro_bob looks like someone put the paddles to icui
Scott-ST Moderator: yeah [img id=em-11]
t2t allegro_bob, did you play NTRI as a gap play?
panther Scott i have a question
Scott-ST Moderator: sure
panther iwhen the alert came thru
panther for bwld for 54.08
panther it was at 49.79
panther so i had the limit set at that for short
panther but it never bought
panther ?
allegro_bob yeh - i scalped ntri
panther so i'm wondering should i have just bought market?
Scott-ST Moderator: panther, I am not sure I understand your question
Scott-ST Moderator: oh
Scott-ST Moderator: well, the price was above 54.08 when we set the alert
panther so i wonder if the chat was delayed or something
panther i think my software sucks or something
Scott-ST Moderator: what platform are you using?
panther fidelity
Scott-ST Moderator: do you have access to direct access ECN'S?
panther i lost on ipsu, by the time it bought it was at the top and sliding back
panther but i made it back on uthr
panther not sure what that is
Scott-ST Moderator: well you should try to use a direct access ECN and then consider a market order at entry
panther where do i get that
Scott-ST Moderator
Scott-ST Moderator: STOPPED Consider exit in ICUI
Scott-ST Moderator: STOPPED Consider exit in ICUI
Scott-ST Moderator: STOPPED Consider exit in ICUI
Scott-ST Moderator: call your broker and ask them if you have access to a direct ECN
rwalsh panther, i dont believe Fidelity is a direct access broker....it's like Scwabb or Etrade i think
panther ok thanks
panther yea ur probably right
Cale schwab has direct access
rwalsh direct access is completely different....as soon as i push the button, my trade is executed......no passwords, no entering price, just push buy or sell and its done
panther i'll call them
t2t i thought Etrade had a direct access also - the "pro" version?
panther who do u have rwalsh
rwalsh i have Assent, they use Anvil platform
rwalsh Assent.com
panther ty
Ken-ST Moderator: its not so much just direct access, its the comprehensive platform
Ken-ST Moderator: its not how fast you get executed, its how fast you get confirmation.
panther interesting
Ken-ST Moderator: its setting up and managing orders.
Ken-ST Moderator: direct access platforms are designed for speed and efficiency
panther i agree, fidelity is poor on on order setup. It takes way to long and involved to get it done fast i'm finding out.
kramer12 what platform do you suggest we use Ken...I use Fido active trader pro
Ken-ST Moderator
Ken-ST Moderator: Watching for possible Type C Short on IPSU 32.61
Ken-ST Moderator: Watching for possible Type C Short on IPSU 32.61
Ken-ST Moderator: Watching for possible Type C Short on IPSU 32.61
Scott-ST Moderator: For Day Trading we strongly suggest traders trade on a Direct Access Platform.  Web Brokers are not efficient enough.  Whether its Stocks, Options, or Futures, we recommend SOF Direct.com, http://sofdirect.com for your direct access trading needs.  See Todd in the trading room for a real-time level II platform.
panther tx i will:))
kramer12 thanks...I will check it out
kramer12 watch out...that IPSU is a tough borrow
t2t i think BWLD has given up what it will...t2t is out
Scott-ST Moderator: good job t2t
Scott-ST Moderator: yep looks like it found its support
t2t good support
kramer12 I just did the same on BWLD....should drop like a stone now
t2t lol
Scott-ST Moderator: lol
Scott-ST Moderator: you guys played that one well
t2t I was hoping that it would break 49…just wouldn’t do it
Scott-ST Moderator: good job!!
t2t missed IPSU and got confused on UTHR so i thought i would ride her as far as i could.
Scott-ST Moderator: that will work right?
t2t sure, it's all good
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kramer12 Scott...do you think VLTR makes another run at the LOD?
Scott-ST Moderator: not thinking so
Scott-ST Moderator: lots of support at the 13 area
kramer12 what if it breaks 13 and hits your earlier target price?
Scott-ST Moderator: it would need to go down to 12.88
Scott-ST Moderator: then we would look for a small pull back or a consolidation
Scott-ST Moderator: but I looks strong around the 13 area
Scott-ST Moderator: but who knows
kramer12 ok..thanks
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Scott-ST Moderator: hello sever7
limey has logged out
Scott-ST Moderator: everyone doing okay?
Scott-ST Moderator: any questions or comments?
t2t chowing
larrybill is ipsu a short here at all
panther lol
Scott-ST Moderator: good call, whats for lunch?
t2t cold pizza
Scott-ST Moderator: IPSU is a short at 32.61
Scott-ST Moderator: needs to breakdown just a bit before we would go short
Scott-ST Moderator: love cold pizza if its good pizza
Scott-ST Moderator: with a glass of milk, yummmmm
johnboy who were those lunatics (no offense Scott) that lined up for Vista when you could have had the Beta version 6 months ago for free? weird...
Ken-ST Moderator: i agree
Scott-ST Moderator: uh well ohmmmm, *cough* yeah, not me
johnboy LOL
msheiner Scott do you have time for questions?
Scott-ST Moderator: sure
Scott-ST Moderator: this is a great time for questions
Scott-ST Moderator: but only ones I can answer
msheiner What is the difference between a Web broker and a direct access platform? I am using trade station. Is Trade Station considered a direct access platform?
Scott-ST Moderator: It should be,
Scott-ST Moderator: direct access gives you access directly to the trading floor, ECN's
msheiner Trade Station does to
Scott-ST Moderator: most broker platforms have their own routing
Scott-ST Moderator: and also offer ECN's
msheiner I can chose anyone, Brut Arca etc..
Scott-ST Moderator: that gives you direct access
msheiner OK Thanks
Scott-ST Moderator: some brokers will charget extra for using those but sometimes it can be worth it
Scott-ST Moderator: as Ken Pointed out that is only part of making a trade good
t2t brrrp, good pizza
Scott-ST Moderator: you need to make sure your platform is easy to setup orders and fast
Scott-ST Moderator: lol t2t
Scott-ST Moderator: that help Ms. S?
msheiner I wrote a strategy based on your critirias (Profit target and stops and it does all automatically
msheiner I jus input the name of the stock and the initial entry price. When you move your stop I raise a trend line and it changes my stop.
Scott-ST Moderator: very nice
msheiner The reasons I did it , is because in the first hour things go very fast
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panther this is trade station?
msheiner yes
Scott-ST Moderator: yes panther
panther cool tx
Scott-ST Moderator: yes the 1st hour is where all the action is
panther and ya gotta be fast
Scott-ST Moderator: some days it can just be crazy
Scott-ST Moderator: Ken is amazing when we really get moving
msheiner I did all the trades today, did not miss one, I was very close to miss ICUI
panther yea after this morning i know i need a much more user friendly trading platform
Scott-ST Moderator: ask others to see what they like about the ones they use
kramer12 ken...which do you prefer...tradestation or sofdirect?
Scott-ST Moderator: most brokers will allow you to try their platform out for free on a demo account
msheiner OK Thanks anyway, going for lunch
Scott-ST Moderator: take care Ms.
Ken-ST Moderator: Not fair for me to compare, but I do like Speedtrader's short list a lot better
Ken-ST Moderator: TS is a bit more complex
kramer12 ty
panther i'm writing all this down,
panther ba
Cale try out JQ's Trading R-Us Brokers
Cale they do very well for you!!!
Scott-ST Moderator: lol
Scott-ST Moderator: panther, dont listen to Cale
panther hahaha
Scott-ST Moderator: listen to Ken though or even JP when he says soemthing
panther i'll cross taht one out lol
Cale heheh
Ken-ST Moderator: stepping away for a short break gng
Ken-ST Moderator: gang
Ken-ST Moderator: brb
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator: TYPE C Trade (Top). Consider Short IPSU 32.61
Scott-ST Moderator: TYPE C Trade (Top). Consider Short IPSU 32.61
Scott-ST Moderator: TYPE C Trade (Top). Consider Short IPSU 32.61
Scott-ST Moderator: TYPE C Trade (Top). Consider Short IPSU 32.61
emdee has left the room
t2t i hate 1 x 1's
panther ?
t2t scott, would BWLD meet the criteria for a type C?
t2t bid ask size panther
panther ok
panther oh i get it tx
Ken-ST Moderator: back
JQ wb
msheiner has logged out
johnboy I wonder if they'll let Bush operate a D11 Cat, maybe he could take it back to D.C. and give the Dems something to think about
djg not sure I would let bush get his hands on anything only thing he has touched that hasn't turned to sh*t is Texas Rangers
Scott-ST Moderator
t2t er she goes!
Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in IPSU
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in IPSU
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in IPSU
Cale very nice Scott!!
Cale ty
t2t yes ty
Scott-ST Moderator: TFSM is close also
t2t again
JQ Hey Cale SNDK reports today
Cale SNDK been too choppy these days
Cale may have found a bottom though
JQ I will bet earnings will take the chop out
Cale LOL
Cale most of the time it does
Cale not sure whenthey report
rwalsh is that any fun to trade after hours?
Cale oh yeah
Cale its too funny to watch it run both directions
rwalsh sure, i always let the first direction go....jump in with momentum
Cale wow news just out?
Cale looks like all the markets just dipped
johnboy Pisani just jinxed the market...........kerplunk
Scott-ST Moderator: lol
Cale is that what it was
Cale LOL
djg anyone still in IPSU?
t2t yes
djg nice
t2t trigger is twitching
kramer12 yes..round tripper
panther it kept saying no shares availible !?!?!
djg spread was getting large there
t2t out last half at 32
t2t now it will tank
Scott-ST Moderator: lol
Ken-ST Moderator: IPSU was a handsome Type C
Scott-ST Moderator: very
djg yes it was
Cale yes Nice call
JQ who let the dogs out.....who let the dogs out.....!!!!!!!
Ken-ST Moderator: bring some life back into those Type Cs
Cale and it is still handsome
Ken-ST Moderator: its so much harder when the market is in a range
Cale havent seen a type C in a long time
dennis OUT, that was a nice run, ty
Cale I think that is the 1st this year, isnt it?
Ken-ST Moderator: feels like it
Ken-ST Moderator: but the market is about to, or already in progress of changing its recent trading trend
Cale moving back up Ken?
Ken-ST Moderator: we are still in the range, so its hard to say
Ken-ST Moderator: there are warning signs everywhere for more downside
Ken-ST Moderator: but we have not broken yet
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Ken-ST Moderator: wb
Scott-ST Moderator: what did you have for lunch Ms.?
msheiner Good old fashion filet mignon with mash potatoes and a lite beer
Scott-ST Moderator: OMG, that sounds so good
Scott-ST Moderator: did you make it or did you go out for lunch?
JQ Nice ms. I had some old chicken butt
Cale wow thats the bomb, love a good Filet
t2t sounds better than cold pizza
msheiner The wife is fantastic cook, i am a lucky man
Cale Wait, I thought you were MS.
Cale as in Mrs. or Mss.
msheiner ?
Cale Ms. Sheiner
t2t mr. sheiner
Cale isnt that what you said last week?
Cale oh sorry
johnboy don't worry maurice, Cale has no short term memory
Scott-ST Moderator: lol me too
Scott-ST Moderator: I must have read that wrong
johnboy too many dingdongs
JQ LMFAO
Scott-ST Moderator: doh [img id=em-0][img id=em-0][img id=em-0]
Cale LOL
msheiner Mr. Maurice Sheiner, actually I am a retired airline captain so you can call me Captain:)
Cale sorry Mr. S
djg cale you have been hitting on a man
Cale LOL
johnboy again
Cale wait, not me
Cale I think i t was Scott
Cale I have all eyes for Jen
t2t u guys are too funny
Scott-ST Moderator: [img id=em-10]
t2t ROTFLMAO
Scott-ST Moderator: stock trading and entertainment
t2t so Captin, u still fly?
panther very cool, my uncle was a captain for Seaboard World
duke Cale...the next Jay Leno...LOL
JQ Jen pull the blinds cale has the teloscope on you again
Cale grrrrr.....
JQ Your picture will be in the SNDK newsletter
Cale as it is allways
JQ LOL
Scott-ST Moderator: Mr. S do you do BBQ?? http://www.mauricesbbq.com/
Cale lol
Cale is that your Picture Maurice?
msheiner lol
Cale j/k
msheiner no I am better looking :0
Ken-ST Moderator: ICUI is close, we will wait until after the first break
duke ICUI...? don't see it on chart
Scott-ST Moderator: we played it this mornign as a short
kima is it long now?
Scott-ST Moderator: we have not set an alert yet
Scott-ST Moderator: but it will be a long
duke ok...thanks coach
Scott-ST Moderator: [img id=em-8]
t2t okay, got to run
duke over the plate and slow...ok??
t2t happy tradin'
Scott-ST Moderator: sure
Scott-ST Moderator: tc t2t
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JQ Hey Ken finally got my application into Proactive futures
Cale did you pass?
JQ I dont know yet!!!
JQ do you think you could put a good word in for me???
Ken-ST Moderator: ICUI testing that hod area
kramer12 why wouldn't it have been a buy at 37.86 ? ICUI?
Ken-ST Moderator: We were being conservative by avoidng the first break
Ken-ST Moderator: Stoch overbought on the stock and the market is still in recent trading range.
JQ Cale look at SNDK
Ken-ST Moderator: the setup at the hod was a valid setup,just a little more risk
Ken-ST Moderator: we played it conservative
kramer12 and it is coming right back in...ICUI....is there a scenario where it will be a play again today?
Ken-ST Moderator: We will put out ideas, but we will not play it.
Ken-ST Moderator: my assessment on the market is that we are not far off resistance intraday on the market
Ken-ST Moderator: so we will not chase it up
kramer12 ty
Ken-ST Moderator: but 1 idea to play that breakout would be to buy a new hod, with a stop of .01 below this current pullback
duke good management their guys
Ken-ST Moderator: ty duke
duke I appreciate it!!
djg TFSM is trying
kima 236
Ken-ST Moderator: gang, the Type As are open till about 3:30
Ken-ST Moderator: but really, imo, I would stay away
Ken-ST Moderator: not much volatility in the stock, and there is not much time left in the dya
Ken-ST Moderator: day
Ken-ST Moderator: The TYpe As are set at the start of the day, and we will issue it, but since you are all here in the room intraday, my suggestion would be to pass on it
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy TFSM 10.09
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy TFSM 10.09
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy TFSM 10.09
larrybill where would be the exit on tfsm
Ken-ST Moderator: 1% target
Ken-ST Moderator: 10.19
Ken-ST Moderator: I would scale out with moves in your favor though
Ken-ST Moderator: imo
Ken-ST Moderator: play it very conservative if you are in
panther fidelity sucks. i didn't get in until 10.14
johnboy why does CNBC advertise so many mattresses?
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Cale because tradeers dont sleep
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Scott-ST Moderator: wb Mr. S
msheiner No news good news
msheiner Scott Do you have automated trading available?
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Scott-ST Moderator: its getting close, we have info on the website regarding auto trading
Scott-ST Moderator: http://www.swingtrades.com/emini.htm
msheiner OK I'll have a look.
Scott-ST Moderator: http://www.swingtrades.com/autotrading.htm
msheiner My friends wants to do it, but he has no time to stay in front of the computer
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duke will their be auto trades on your daytrading?
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Ken-ST Moderator: Looking into that
duke thanks
duke did you see who won the lottery?
duke that was great
duke they deserve it
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kima bye all
Scott-ST Moderator: take care Kima
Scott-ST Moderator: thanks for playing today
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panther it's just anazing. i called fidelity and they showed me how to enable directed trading thru arca.
panther i guess they provide their services on the installment plan haha
Scott-ST Moderator: ARCA is the main ECN most people use
Scott-ST Moderator: that and INET
panther so now i should be good to go
Scott-ST Moderator: do they charge extra per share?
panther yea i saw inet and brut and others to choose from also
panther but i picked arca for now :))
Scott-ST Moderator: good
panther yes .o5 over 1000 shares
panther thats o.k i think
Scott-ST Moderator: sure
duke make up for those slow executions
duke ken...who are you thinking of using for autotrades with daytrades?
Ken-ST Moderator: We are talking to ProActive Trading
Scott-ST Moderator: One Hour Left in the Trading day Gang
Ken-ST Moderator: The problem is in finding a brokerage who will take on the responsibility of the day trades
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Scott-ST Moderator: take Care Circa
duke see ya tomorrow
Scott-ST Moderator: take care duke
duke has logged out
Scott-ST Moderator: see you tomorrow
panther gotta go 2 wrk c u tommorow
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Scott-ST Moderator: take care panther
rwalsh sndk is a FREAK
Scott-ST Moderator: why?
rwalsh rippin down and then back up in 10 cent moves
rwalsh like a sweep
Scott-ST Moderator: its so in range
Scott-ST Moderator: people who trade SNDK arent used to all this chop
t2t question Scott
Scott-ST Moderator: Good Trading Day
Scott-ST Moderator: yo t2t
Scott-ST Moderator: zup
t2t i'm not sure of the criteria for type c's but
t2t we were watching BWLD today and it made a nice move off of the bottom
t2t why no consideration?
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Scott-ST Moderator: there was no resistance on the daily chart
t2t ok, understood
t2t didn't make that connection
Scott-ST Moderator: type Cs are tricky
t2t i even mentioned the window back in Oct
Scott-ST Moderator: thats why we dont see them too often
Scott-ST Moderator: window?
t2t well more like a black hole
t2t gap in the chart
t2t almost an 8 pt gap
Lippy Tomorrow bye Gang
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t2t u never heard the term "window"?
Scott-ST Moderator
Scott-ST Moderator: CANCEL ALL ALERTS
Scott-ST Moderator: good trades today Gang
Scott-ST Moderator: as a reminder anyone in TFSM we will use the closing price to book this alert
Scott-ST Moderator: we never hold overnight
t2t vg nice job guys
JERAMIE My platform routs my trades to the best exchange, but they told me that if I flag it for extended hours, it will go to ARCA. Should I do this?
JQ GJ Ken/ Scott see everybody
Scott-ST Moderator: thats fine
Scott-ST Moderator: night JQ
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johnboy Back!
johnboy nice job today Ken/Scott...........see you guys in the a.m., stay hydrated
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Scott-ST Moderator: night Johnboy
JERAMIE tx, see ya
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t2t anyone here care to share their fav scanner?
Scott-ST Moderator: I use the HP Scanjet 5470c
Scott-ST Moderator: seems to work well
Scott-ST Moderator: can be a bit slow though
t2t er, eh, stock screener
Scott-ST Moderator: OH [img id=em-5]
t2t lol, but thanks for buying HP
t2t everyone buy HP, that will help my investments
Ken-ST Moderator: lol
Ken-ST Moderator: ok gang
Ken-ST Moderator: heading out
Ken-ST Moderator: have a great evening
Ken-ST Moderator: take care
Ken-ST Moderator is no longer a moderator
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t2t u 2 ken, tx!
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Scott-ST Moderator: anyone have any last questions?
Scott-ST Moderator: I am going to head out if there are no questions
t2t tx Scott, good day.
Scott-ST Moderator: very
Scott-ST Moderator: Good night everyone
kramer12 GOOD NITE SCOTT
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dennis tx to both of you, see you tomorrow
t2t yea, good night all
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