Ken-ST Moderator: ***********Market Assessment**********
Daily Chart: Above the 5 day EMA, Stochastics in downtrend
Hourly Chart: Uptrend with 20 EMA above the 50 EMA
5 min Chart: Uptrend with 20 EMA above the 50 EMA

Futures are flat. The overall market is in an overall uptrend. Despite being near to new trend highs, we would like to urge traders to be very conservative with their trading today for two reasons. First and foremost, the market is trading in the same tight trading range it has seen for over a week now. This is horrible conditions for trading. Second, it’s a Friday.
Ken-ST Moderator: JQ futures will be open until 12:30
Ken-ST Moderator: I still like the Lunch Time strategy on Friday's
Ken-ST Moderator: But nothing after that.
JQ ty
Ken-ST Moderator: gm kima
Pontiff has entered DayTrading Chat
Ken-ST Moderator: gm Pontiff
Pontiff gm ken scott gang
tc has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: ISIL is cancelled
Ken-ST Moderator: It gapped above the trigger
Scott-ST Moderator: PARTY TIME
Ken-ST Moderator: Lets get it on
Jim ALTR?
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on ENER 29.77
Ken-ST Moderator: Watching for Type B Short at new low of the day on ENER 29.77
Ken-ST Moderator: Watching for Type B Short at new low of the day on ENER 29.77
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SHLD 185.31
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SHLD 185.31
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SHLD 185.31
jorge Im in ALTR
Ricky has entered DayTrading Chat
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short ENER 29.77
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short ENER 29.77
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short ENER 29.77
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on AXCA 16.51
Ken-ST Moderator: Watching for Type B Buy at new high of the day on AXCA 16.51
Ken-ST Moderator: Watching for Type B Buy at new high of the day on AXCA 16.51
jorge stops for ener
Ken-ST Moderator: Currently the hod
kramer12 what about ALTR?
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy ALTR 20.94
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy ALTR 20.94
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy ALTR 20.94
limey Already above when alert issued
Ken-ST Moderator: dont wait for us to issue the buy signal.
Ken-ST Moderator: that is just formality
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALTR
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALTR
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALTR
limey Sorry I forgot it was an A
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SHLD 185.31
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SHLD 185.31
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SHLD 185.31
panther has entered DayTrading Chat
Ken-ST Moderator: gm Panther
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on ENER 30.21
Ken-ST Moderator: UPDATE: Moving stop on ENER 30.21
Ken-ST Moderator: UPDATE: Moving stop on ENER 30.21
Cale has entered DayTrading Chat
Cale GM
Ken-ST Moderator: gm Cale
Scott-ST Moderator: gm cale
Lippy stop on shld?
Ken-ST Moderator: Waiting for pullback on OTEX
Ken-ST Moderator: lod
Lippy tx
kramer12 how about ARAY?
panther gm
Pontiff ohfah
Pontiff liz was out late drinking last night
Pontiff hung over
Scott-ST Moderator: lol
Scott-ST Moderator: ARAY, I only have 2 days of data on my chart
pb stop for SHLD?
emilio HEADS up on ENER ...STOP is 30.21
Scott-ST Moderator: its on the chart now
Scott-ST Moderator: 183.99
limey SHLD is waiting for FIG IPO they are connected
pb thanx Scott
Jen pb, rule is usually 1 cent below LOD
Pontiff kenbo did you get that email?
Ken-ST Moderator: yup and i responded to you
Jen limey, how are they connected?
Cale kenbo?
JQ Cale it's like Calebro Bro!!
limey Cramer says FIG has lots of $ in SHLD
Cale lol JQbo
JQ lol
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on AXCA 15.95
Ken-ST Moderator: Watching for Type B Short at new low of the day on AXCA 15.95
Ken-ST Moderator: Watching for Type B Short at new low of the day on AXCA 15.95
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short AXCA 15.95
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short AXCA 15.95
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short AXCA 15.95
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on AXCA 16.11
Ken-ST Moderator: UPDATE: Moving stop on AXCA 16.11
Ken-ST Moderator: UPDATE: Moving stop on AXCA 16.11
bullmarket88 has entered DayTrading Chat
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop to entry SHLD
Ken-ST Moderator: UPDATE: Moving stop to entry SHLD
Ken-ST Moderator: UPDATE: Moving stop to entry SHLD
Ken-ST Moderator: hi bullmarket
Ken-ST Moderator: wb
limey Schwab just let me buy 200 shares of FIG see what happens at 18.50
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on BRCM 34.89
Ken-ST Moderator: Watching for Type B Short at new low of the day on BRCM 34.89
Ken-ST Moderator: Watching for Type B Short at new low of the day on BRCM 34.89
emilio KEN/SCOTT stop on ENER is 30.21 correct
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in ENER
Ken-ST Moderator: STOPPED Consider exit in ENER
Ken-ST Moderator: STOPPED Consider exit in ENER
Ken-ST Moderator: watching for pullbck on ENER to set a possible long trigger
Ken-ST Moderator Update!
Pontiff Kenbo never got your email response on the PPT
Ken-ST Moderator: UPDATE: Moving stop on SHLD 185.59 In the Money
Ken-ST Moderator: UPDATE: Moving stop on SHLD 185.59 In the Money
Ken-ST Moderator: UPDATE: Moving stop on SHLD 185.59 In the Money
Cale GOOD CALL Ken
larrybill is BCSI a possibility long?
Cale ty
rwalsh so close on shld
Ken-ST Moderator: AOL must be blocking them
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ENER 30.61
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ENER 30.61
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ENER 30.61
Jim BRCM?
Ken-ST Moderator Profit!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short BRCM 34.89
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short BRCM 34.89
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short BRCM 34.89
Ken-ST Moderator: ENER is close
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ENER 30.61
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ENER 30.61
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ENER 30.61
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on ENER 29.89
Ken-ST Moderator: UPDATE: Moving stop on ENER 29.89
Ken-ST Moderator: UPDATE: Moving stop on ENER 29.89
Circa63 brcm stop?
Ken-ST Moderator Update!
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on BRCM 35.31
Ken-ST Moderator: UPDATE: Moving stop on BRCM 35.31
Ken-ST Moderator: UPDATE: Moving stop on BRCM 35.31
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ENER
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ENER
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ENER
kramer12 NICE one guys!!!
rwalsh you talked me into it.....i wanted to sell on other side of whole number......good call
Scott-ST Moderator: GOOD JOB rwalsh
Ken-ST Moderator: gj
rwalsh thx...not bad for one minute's worth of work
kramer12 I know you guys won't play stocks under $10...but what do you think of BULK here?
Ken-ST Moderator: there was a long call on that at 6.42
Ken-ST Moderator: but its extedned now
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on SHLD 186.63
Ken-ST Moderator: UPDATE: Moving stop on SHLD 186.63
Ken-ST Moderator: UPDATE: Moving stop on SHLD 186.63
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SHLD
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SHLD
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SHLD
rwalsh very nice...had a good feeling about that one!!!
Ken-ST Moderator: nice
Ken-ST Moderator: gj
JQ $$$$$ Kenbo/Scottbo
Cale good job JQbo
Ricky AXCA? my quote showed 15.93
Scott-ST Moderator: yep
Scott-ST Moderator: 15.92
Ricky Sorry, you had already blown the whisle. Forgot it was already open.
Scott-ST Moderator: [img id=em-8]
Lippy got greedy did not sell at 1% made .5% on SHLD I need to be spanked...
emilio don't ask how...but my ENER LONG is still open...any stop area..thanks
Scott-ST Moderator: Lippy, at least you got out with profit
Lippy yep thanks Guys
Scott-ST Moderator: the Long?
Scott-ST Moderator: emilio?
JQ then a spanking will be fun lippy
Jim has logged out
emilio yeeeeeeeep....my fault
Jim has entered DayTrading Chat
Lippy you bet JQ lol
Scott-ST Moderator: 29.01 maybe
emilio i guess will leave it for 29.89
JQ I mean Lippybo
Ken-ST Moderator: yes that is the next level
Ken-ST Moderator: but that is a very loose stop
Scott-ST Moderator: 28.99 is beter
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AXCA
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AXCA
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AXCA
JQ $$$$$$$bo
Ken-ST Moderator: gj JQ
Cale lol, nice job JQBO
JQ lol
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on BRCM 35.07
Ken-ST Moderator: UPDATE: Moving stop on BRCM 35.07
Ken-ST Moderator: UPDATE: Moving stop on BRCM 35.07
bobby has entered DayTrading Chat
larrybill has logged out
Scott-ST Moderator: gm bobby
bobby gm guys
Ken-ST Moderator: gm bobby
bullmarket88 does anyone in here scalp these trades or use a tighter stop rather than waiting for the 1% or for the loose stop to hit?
panther what is scalp?
JQ Great Scottbo did the room cause the Red candle on SHLD
Cale I do Bull
Cale Bull, is that you from before?
Cale are you new?
Scott-ST Moderator: I doubt it JQbo
JQ ty
bme347 thx again guy I'm gone
Cale hey bullmarket88
bme347 has logged out
Ken-ST Moderator: ok bme
bullmarket88 yup thats me from before....
bullmarket88 I'm back gang
emilio ouch on ENER
Cale ah cool, welcome back
JQ Calebo try Bullmarket88bo
Cale get out emilo
emilio out .89
kramer12 any chance we go for a third round on ENER?
JQ Bull were have you been spending all your futures earnings???
Scott-ST Moderator: not this morning
Cale lol JQ
larrybill has entered DayTrading Chat
Scott-ST Moderator: wb larry
bullmarket88 cars !
Ken-ST Moderator: Not for us Kramer
larrybill hey
jorge why CWTR wasnt alerted long?
Ken-ST Moderator: back into congestion jorge
Ken-ST Moderator: we played it conserv and stayed away
larrybill been watching BCSI, guys?
jorge OK
Scott-ST Moderator: nice run today larry
Ken-ST Moderator: nice larry
bullmarket88 hows the futures room doing ?
Ken-ST Moderator: just entered into trade today
larrybill isn't that our kind of play? i announced a few pts. ago. there was no overhead hang from where i can see. just curious.
Ken-ST Moderator: the best signal was at 28.90 area then again at 29.90 area
Ken-ST Moderator: but after that very extended
bullmarket88 yeah...how has it been going?
bullmarket88 or did you just start again today?
Ken-ST Moderator: no been good
larrybill how do you ascertain that ... at those pts.
larrybill still learning, ken.
bullmarket88 how many traders do both...equities and futures day trading....?
bullmarket88 do you think anyway
Cale JQ, I didnt type this too fast because I know your not a speed reader, but "Good Morning"
Scott-ST Moderator: [img id=em-5] lol Calebo
Ken-ST Moderator: larry we look for pullbacks/consolidations to the 5 ema
Ken-ST Moderator: then play the breakouts
Ken-ST Moderator: you may put a tight stop at the low of the pullback
larrybill where do i get the best explanation of all this. website?
Ken-ST Moderator: The vdeos
bullmarket88 ken...do a lot of trader trade both equities and futures through the day or do most stick to one?
emilio KEN/SCOTT : Where do you see AXCA going from here? thanks
msheiner Ken- did you say we closing early today - only first session? what time?
Scott-ST Moderator: emilio, still on a down momentum
Scott-ST Moderator: but may find support at the 50 ema
Scott-ST Moderator: on the 5min chart
Ken-ST Moderator: yes ms
Ken-ST Moderator: we are only trading until 11:00 on fridays
msheiner What time more or less
msheiner OK got it thanks
emilio ok thanks KEN
steve has logged out
emilio sorry , SCOTT i mean..lol
Scott-ST Moderator: [img id=em-10]
limey Booking my Ski trip to Mammoth its snowing and I just made $2,000 on my IPO,s Will trade from the hotel before the lifts open
msheiner SHLD went to our target + 10 cents and plunge right back down - Amazing
panther Any snow in Mammoth? none here
Scott-ST Moderator: ms, thats day trading[img id=em-8]
limey 4 to 6 feet but will snow all weekend
Cale yep going to snow here but not as much as it did in Dec or what NY is getting
msheiner Yep it sure is :)
panther yeh it finally rained yesterday, 2nd day all season
Scott-ST Moderator: nice job limey
larrybill yesterday somebody mentioned Think or Swim trading site. has anyone used this service?
msheiner yes I am
jeramie I'm on thinkorswim
larrybill any good? fills, etc.
Ken-ST Moderator: Emilio ENER is right back atcha
emilio i mentioned TOS yesterday for a possible autotrade service with swingtrades.com on the DT calls
emilio KENNNNNNNNNNNN
emilio i got stopped out
msheiner Larrybill- Look at the past performance, the fills depends on you not the web site.
emilio grrrrrrrrrr
jeramie I think they have an awsome platform
larrybill service is okay, though?
msheiner Service is superb
larrybill thanks. maybe i'll give it a try.
msheiner Get the combo package - Day trade and swing trade
emilio my bad on ENER though...got messed up on trading window....and you don't want to know what i did...lol
Cale sure spill the beans
panther yeh for me it's been a no connect no fill friday, at least i didn't lose anything lol
jeramie did you go short emilio?
duke ken/scott my isil triggered right before you cancelled...look at it and tell me what you think...thanks
Scott-ST Moderator: oaky
jorge lower stop on BRCM?
Scott-ST Moderator: ISIL is reaching oversold area and just below all the ema's
msheiner Duke- I did the same on ISIL it triggered before the X but I got out break-even- didn't you do the same?
duke ok
duke I wish
Lippy Has been a great week, Ken, Scott, Gang your help is very appreciated.
Lippy Good week end All
Scott-ST Moderator: remember; on the type A's if it OPENS above the target it is automaticly canceld
Scott-ST Moderator: dont wait for us to cancel the stock
duke ok
emilio No, i was long ENER, and when i was going to exit around .90%, i mistakenely sold SHLD, and only realized some 2-3 minutes later what i had just done
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS until after lunch
emilio so, didn't make money on SHLD and lost 2.4% on ENER
Scott-ST Moderator: ouch
emilio the only positive is 1/2 position today
jeramie I lost on ENER also emelio. From the begginning.
Lippy has left the room
emilio but angry at myself
Ricky Emilio, i'm kind of late in the converasation, but don't you set Stop and/or Limits on your positions?
msheiner don't be emilio - we all make mistakes
emilio nope only stops....
Scott-ST Moderator: just learn form it emilio and move on
duke we are all human
duke not robots
Ricky Not all of us.
Cale well not Ken
panther except for me, i am an animal
Cale he is superhuman
emilio sure, no biggie, just got it out on you guys now...
Cale Kenbo that is
Ken-ST Moderator: hey being really handsome is still considered human too Cale
Scott-ST Moderator: *barf*
JQ yes barfbo
Cale lol
Ken-ST Moderator: lol
Cale lol'bo
Ken-ST Moderator: lmao
Cale its a friday'bo kinda day'bo
Cale has left the room
Cale'bo has entered DayTrading Chat
Ken-ST Moderator: lmao , I saw this bumber sticker on a car the other day. It said " Cavemen are people too... and it had the picture of the Geicko Caveman on it.
Ken-ST Moderator: lol
Scott-ST Moderator: wb
Cale'bo ty
kramer12 any opinion on AHM short here?
Scott-ST Moderator: SFLY keeps making lower lows
JQ Okbo everybodybo havebo abo greatbo weekendbo latersbo blingbo OUTBO!!!!bo
Scott-ST Moderator: might work out kramer but it seems a bit extended
Scott-ST Moderator: later JQbo
Ken-ST Moderator: lol
Cale'bo JQ take care brobo
Ken-ST Moderator: laters JQ
Ken-ST Moderator: brobo
kramer12 thanks Scott
Ken-ST Moderator: Mojojojbo
Cale'bo :)
JQ LMAOBO!!!!BO
Ken-ST Moderator: jobubo
Scott-ST Moderator: [img id=em-5]
Scott-ST Moderator: [img id=em-8]bo
JQ Tobo JBbo missbo thisbo!!!bo
Ken-ST Moderator: Ok gang, have a great weekend
Ken-ST Moderator: I will see you all next Monday
duke take care ken
Scott-ST Moderator: tc Ken
Ken-ST Moderator: ty duke
Ken-ST Moderator: you too
Ken-ST Moderator: see ya
Ken-ST Moderator is no longer a moderator
Ken-ST Moderator has logged out
msheiner OK thanks for every thing it was a great week
emilio have a nice weekend
JQ Obo I forgotbo to saybo Lizbo doesn't look goodbo in orangebo!!!!
panther tx Ken
msheiner has left the room
JQ has logged out
duke they sure make a big deal out of anna nicole death
bobby thankyou see you next week
duke sick of hearing about it
Scott-ST Moderator: duke, because they need news
duke you would think she was pres or something
Scott-ST Moderator: they must be hurting
bobby has logged out
duke media whores
duke happens to all druggies after a while
Scott-ST Moderator: yep it will catchup with you..
duke ask Elvis...LOL
Scott-ST Moderator: as a reminder we will not be issuing any more alerts today, and on going fridays
Scott-ST Moderator: we will only be playing the 1st session on Fridays
Scott-ST Moderator: The Type A's will remain open but we will not be issuing any alerts after 11:00
Scott-ST Moderator: any questions??
duke ya....would you jump start ISIL for me
Circa63 has logged out
duke and kick the legs out from under BRCM
kramer12 have a great weekend guys...thanks for an awesome day
Scott-ST Moderator: have a good one Kramer
Scott-ST Moderator: I can see what I can do duke
Scott-ST Moderator: but you know the Dr. has left the house
duke thanks coach
SLUMAN25 has entered DayTrading Chat
duke aren't you a qualified medic
Scott-ST Moderator: sure
Scott-ST Moderator: give me the paddles
duke need a de fibulator
panther tx Scott overall a great week c u guys later
panther has left the room
Scott-ST Moderator: isil is moving up some
Scott-ST Moderator: hello SLUMAN
Scott-ST Moderator: new to the room?
SLUMAN25 YES TODAY
emilio looks like we have a good stop on BRCM
emilio we just need the market to dump
SLUMAN25 has logged out
Ricky Scott, i have the same effect on people, as soon as i talk to them they run.
Pontiff has logged out
Cale'bo lol
Cale'bo bah
lksobiech 1st two days trading here and 2 days of profits - great job. Have a good weekend.
Scott-ST Moderator: STOPPED Consider exit in BRCM
Scott-ST Moderator: STOPPED Consider exit in BRCM
Scott-ST Moderator: STOPPED Consider exit in BRCM
Scott-ST Moderator: 2% FOR THE DAY, Good Trading Gang
lksobiech has left the room
Scott-ST Moderator: any last questions?
duke scott...do you know what a "market center id?
duke is
duke what a "market center' is
jorge see u on monday
jorge bye
jorge has left the room
Ricky has logged out
Scott-ST Moderator: not sure Duke
duke the citadel market center is down
Scott-ST Moderator: olater guys
duke and I can not do anything with ISIL he said
duke but they will honor my stop
duke can't even call in and buy or sell the stock
Scott-ST Moderator: what?
Scott-ST Moderator: who is your broker?
Scott-ST Moderator: thats odd
duke e trade
duke never heard of this before
Scott-ST Moderator: and you did call them?
duke twice
duke 2 different people
Scott-ST Moderator: maybe its time to switch and find a new broker
duke you got that right
limey Thanks for SFLY shorted it at 15.87 with my IPO,s its my best trading day ever. Thanks for all the great picks and good training.
duke but he said it was a market center
duke not the exchange
Scott-ST Moderator: nice limey
Scott-ST Moderator: good job limey
Scott-ST Moderator: have a good weekend
Scott-ST Moderator: not sure duke, sorry
Scott-ST Moderator: OTEX is making a lunch run
duke ok thanks
Scott-ST Moderator: okay Gang thats it for the day, have a great weekend
Scott-ST Moderator: see you Monday