Ken-ST Moderator: ***********Market Assessment**********
Daily Chart: Above the 5 day EMA, Stochastics in uptrend
Hourly Chart: Uptrend with 20 EMA above the 50 EMA
5 min Chart: Uptrend with 20 EMA above the 50 EMA
Futures are down 2 points. The overall market has a uptrending bias to it. Be aware that we are currently trading in the previous day’s trading range.
Ken-ST Moderator: gm djg, david
kima has entered DayTrading Chat
Scott-ST Moderator: *
**********************************************************
********** Good Morning Everyone
********** Tuesday February 20th, 2007
**********
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Ricky has entered DayTrading Chat
Scott-ST Moderator: gm Ricky
Ricky GM
alex has entered DayTrading Chat
Scott-ST Moderator: gm alex
alex gm all!
bobby has entered DayTrading Chat
emilio has entered DayTrading Chat
Pontiff has entered DayTrading Chat
Scott-ST Moderator: gm bobby, emilio, Pontiff
Pontiff gm ken scott gang
emilio gm all
Scott-ST Moderator: Hope Everyone had a Wonderful LONG Weekend
t2t twas a nice weekend
Scott-ST Moderator: good
kristi has entered DayTrading Chat
Ken-ST Moderator: gm kima, Ricky, alex, bobby, emilio, Pontiff kristi
Scott-ST Moderator: gm Kristi
bobby gm guys
Scott-ST Moderator: Lets GET THIS Party STARTED
kima gm Ken
kristi gm everyone
Scott-ST Moderator: PNRA not gapping
david100 nrph?
Scott-ST Moderator: buyout
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on SNDK 38.84
Ken-ST Moderator: Watching for Type B Short at new low of the day on SNDK 38.84
Ken-ST Moderator: Watching for Type B Short at new low of the day on SNDK 38.84
Ken-ST Moderator: lets roll gang
j5 has entered DayTrading Chat
Cale go SNDK down down down, into the ground
Ken-ST Moderator: thats a buyout david
Ken-ST Moderator: gm j5
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NYNY 12.16
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NYNY 12.16
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NYNY 12.16
allegro_bob 1% sndk
Cale awesome BOB
Cale you day man!!!
Ken-ST Moderator: nice bob
allegro_bob lucky
Cale but the shot is the play
Cale it wont last up there at all....
allegro_bob i know - I was out at the first stutter
Cale good job
Pontiff watch this segment Kenbo
Cale lol
Cale where is JQ`bo today??
Cale everyone have a good weekend?
Cale nice and warm, here
Cale melted a lot of snow
t2t good for you Cale
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on FOSL 26.96
Ken-ST Moderator: Watching for Type B Buy at new high of the day on FOSL 26.96
Ken-ST Moderator: Watching for Type B Buy at new high of the day on FOSL 26.96
nm has entered DayTrading Chat
nm gm
Scott-ST Moderator: GM nm
MS we need some shorts - market is going downhill
MS lets go with the river flow
allegro_bob watch sndk for a turn over
MS still @ 39.20
t2t NYNY close
Scott-ST Moderator
Ken-ST Moderator
Scott-ST Moderator
Ken-ST Moderator
Scott-ST Moderator
Scott-ST Moderator: Watching for Type A Short on NYNY 12.16
Scott-ST Moderator: Watching for Type A Short on NYNY 12.16
Scott-ST Moderator: Watching for Type A Short on NYNY 12.16
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy NYNY 12.16
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy NYNY 12.16
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy NYNY 12.16
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy NYNY 12.16
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NYNY
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NYNY
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NYNY
allegro_bob buy???? NYNY I thought you said short?
Ken-ST Moderator: Sorry bob that was a typo by scott
Lippy Good way to start the week Thanks K & S
Ken-ST Moderator: the buy alert was issued earlier
allegro_bob i see that Ken - thx
j5 I have ARCA disabled on DAS?
Scott-ST Moderator: sorry bob
Scott-ST Moderator: didnt mean to confuse you
Scott-ST Moderator: enable it j5
allegro_bob I confuse easily :)
j5 how? i don't know what i did?
Scott-ST Moderator: oh, hummm
Scott-ST Moderator: it might be the broker having issues
Jen j5, mine is not working either
j5 yeah, probably, anybody else has ARCA disabled on das?
j5 oh, ok, gotcha
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Scott-ST Moderator
Scott-ST Moderator
Scott-ST Moderator
j5 i missed that nyny, i couldn't figure out what was wrong
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy FOSL 26.96
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy FOSL 26.96
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy FOSL 26.96
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy FOSL 26.96
kima j5 I too ARCA disabled on DAS
Ken-ST Moderator: the brokerage knows about it and working on it
j5 ok, thanks ken
Scott-ST Moderator
Scott-ST Moderator
Ken-ST Moderator: they just sent e message
Scott-ST Moderator
j5 fosl, stop too wide for me
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in FOSL
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in FOSL
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in FOSL
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in FOSL
Cale wHOOT
Cale thanks boys!!!
Ricky Not bad for 23 minutes of work, if you call it work. have a good day guys.
Ken-ST Moderator: ok Ricky have a good one bro
Ken-ST Moderator: gj
Scott-ST Moderator: good Job Cale, Ricky
Scott-ST Moderator: take care Ricky
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kristi I'm not seeing any suggested stops. Would someone explain where to place them? thnx
Scott-ST Moderator: Kristi, we just the LOD or HOD for stops
Scott-ST Moderator: then we will tighten them up from there
Ken-ST Moderator: that is the initial stops
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kristi that makes sense. Thanks.
Scott-ST Moderator: sure
Scott-ST Moderator: 1st day Kristi?
Scott-ST Moderator: Welcome to the room
kristi yep
Ken-ST Moderator: Good to have you
Scott-ST Moderator: nice to have you with us, may need some help keeping the rest of these boys in line
kristi glad to be here
Scott-ST Moderator: [img id=em-8]
kristi he hee
Scott-ST Moderator: you can always ask for a stop if we dont issue one
duke I resemble that remark...LOL
Cale ya me too
Ken-ST Moderator: lol
Scott-ST Moderator: those last two hit profit so fast we didnt have time to set the stop on the Left Table
kristi I'm impressed
Ken-ST Moderator: Watching for a pullback/consolidation on SNDK
Cale oh, no
Cale you cant go long SNDK, Ken
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Short at new low of the day on UTHR 53.19
Ken-ST Moderator: Watching for Type B Short at new low of the day on UTHR 53.19
Ken-ST Moderator: Watching for Type B Short at new low of the day on UTHR 53.19
kristi you guys have an awesome performance record. How long have you been trading?
MS No shares UTHR anyone has any?
Ken-ST Moderator: Lets cancel XMSR gang, that is not a good Type B candidate
Scott-ST Moderator: Swing Trades has been at it for about 4 years
Jen yes, DAS has shares
MS OK very good let me call TS and ask for some, lets see
t2t MS i have shorts on UTHR too
Cale Jen, did you switch over to DAS from SSP?
Jen I have both
Cale ah, cool
MS OK got 500 UTHR
Cale nice MS
Ken-ST Moderator: gang we will pass on SNDK for now. the HOD is right at the 20 EMA
t2t MS, remember u are their BOSS
Ken-ST Moderator: possible intraday resistance area
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t2t woo hoo, second half of NYNY coming in
Ken-ST Moderator: NYNY new hod
Cale t2t, da man
Cale good job dude
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t2t out @ .35
Scott-ST Moderator: CREE almost triggered but failed at resistance
t2t next
Scott-ST Moderator: [img id=em-10]
t2t :)
Cale it's just too easy, huh t2t
t2t i so want to short JBLU below LOD
Ken-ST Moderator: gj
t2t yup, took that baby's candy
Jen Cale, what the heck is with SNDK?
t2t but i'll stick to UTHR
Cale just a little correction
Cale once it hits the 50 ema, down it will go
Jen 5 min chart?
Cale HSY been good
Cale yes, thats what I was looking at Jen
MS Where are the bulls today?
t2t i believe they're in the barn sleeping
Cale Still on vacation MS
t2t just got a message on my DAS that ARCA is down?
MS Maybe they will come around 3:30pm ET
t2t anyone else get that message?
Cale maybe even 3:00, just intime for the short covering raly
Cale rally
MS T2t - I traded with ARCA this morning via TS -no problems for me
t2t me too, but the message just popped up 5 mins ago
t2t hmmmmm
MS Let me check status arca
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Ken-ST Moderator: market taking a stab at its 5 ema
MS UTHR is getting up for nor reasons - any ideas?
MS Don't like that reversal on UTHR
Scott-ST Moderator: its the baby rally we need, inorder to short
MS Are you looking 5 min charts - because I am looking 1 mint chart
Ken-ST Moderator: if it does trigger, that will create a great stop area
MS High at 53.70 and now higher high - low and now higher low
MS But what do I know:)
t2t u know plenty MS!
MS Thanks T2t
MS Ken, I am very pleased with fills going via ARCA.
Scott-ST Moderator: very nice MS
Scott-ST Moderator: are you charged for using ARC?
Ken-ST Moderator: cool ms
MS Yes on 1760 shares the other day I beleive it was NICE or something like this, I got charge 77 cents
MS SNIC
MS It was Friday I beleive
allegro_bob amzn
Cale well worth it, imo
Scott-ST Moderator: nice up trend on AMZN
Scott-ST Moderator: very nice spike today, but I am not sure I would daytrade it, a bit extended
MS Anyobe knows the results of the Confidence Index this morning?
Scott-ST Moderator: was that this morning?
Scott-ST Moderator: at 10:00
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MS Yes according to yahoo economic calendar
MS 10:00
Scott-ST Moderator: The State Street Investor Confidence Index measures confidence by looking at actual levels of risk in investment portfolios. This is not an attitude survey. This index is current since it uses data collected at the close of the previous Wednesday and is reported on the second to last Tuesday of each month
Scott-ST Moderator: Actual was 90.5 and previous was 85..0
Ken-ST Moderator: Looks like an extended weekend for traders on Wall St. dont see much movers this am
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t2t VDSI is close to new HOD
t2t above 52 week high now
MS So the stop on UTHR is going to be at 54.01? if we get in.
Scott-ST Moderator: yep
Scott-ST Moderator: that is correct MS
MS OK
Cale t2t you getting in on VDSI??
Cale LOOKS VERY GOOD
t2t watching, if new HOD, yes - long
t2t market is against it but it is strong today
Cale the momentum of the market right now is up
Cale so....
Cale thats why I may give it a go
t2t yes, u r right Cale
t2t if it pops through HOD, it could be a flyer
Scott-ST Moderator: any questions?
Scott-ST Moderator: not too much to pick from today
Scott-ST Moderator: but was good trading
t2t profit = always good :)
Cale it at 16.30, t2t
t2t nice
t2t not in yet
Cale I hope, just need .17
MS Ken you did cancel SNDK earlier did'nt you?
Scott-ST Moderator: nope
Scott-ST Moderator: still open
t2t here we go
MS OK
Cale t2t, thanks so much Bro!!!
Cale in and out 1%
t2t u r welcom
Scott-ST Moderator: good job Cale
t2t still in here, in at 16.45
Scott-ST Moderator: your right, the setup was there
MS Ken or Scott at 10:05 am you said that we will pass on SNDK
JP Thanks t2t.....got a quick scalp out of VDSI.
djg thanks t2t 16.35 to 16.62
Scott-ST Moderator: oh, yes for HOD that is
Lippy thanks t2t .28 profit
Scott-ST Moderator: the HOD was too much in range, sorry, I though you were asking about the Short
Scott-ST Moderator: but we did not cancel SNDK alert
Cale t2t the man!!!
Cale good job man
MS OK so SNDK still open - I missed understood
Cale yes, it is open, the Short that is
t2t pop, made my 1%
t2t sweet
MS has logged out
Scott-ST Moderator: nice Job t2t
t2t thx, still climbing
t2t 1/2 still in
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Cale I was going to take 1/2 but thought that 100% was a good profit at 1%
t2t nice, you da man!!!
t2t i think i'm getting greedy at this point :)
t2t need 16.75 and i'll dump
Scott-ST Moderator: lol
Cale just keep moving your stop up
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Ken-ST Moderator: gm rwalsh
t2t good plan Cale, i'll trail it
Ken-ST Moderator: oh geez
MS Which stock T2T?
rwalsh gm
Ken-ST Moderator: Liz is looking nice today
t2t BDSI
Ken-ST Moderator: smokin
t2t VDSI
t2t sorry
Scott-ST Moderator: LOL< Ken
t2t Ken, you have a LIZ trigger/alert?
Cale he does
Cale between his leggs
Ken-ST Moderator: I have her on watch list
t2t lol
t2t gj Lippy!
djg you should invite her to join the room
Ken-ST Moderator: c'mon she aint that good looking
t2t Kenbo, u feeling okay?
Ken-ST Moderator: lol
Scott-ST Moderator: nice call t2t, Ken never says that about Liz
Ken-ST Moderator: just kidding
MS T2t Ka Ching 16.75 for VDSI
Ken-ST Moderator: she has open invitation since 2004
t2t VDSI is soaring
Scott-ST Moderator: [img id=em-4]
t2t gj MS!!!
Cale keep riding it up, and keep moving your stop higher
MS Did not play it, it was for you T2T
Scott-ST Moderator: good Job MS
t2t ah, thanks
t2t trailing with 20 cents
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MS You are not yet out?
t2t nope, still in
MS You said earlier 16.75 you will dump
Scott-ST Moderator
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS, until after the Lunch Turn
t2t yup, i'm greedy MS
MS lol
Ken-ST Moderator: whoa, Darby
Ken-ST Moderator: havent seen her in years
Ken-ST Moderator: looks like she's a regular again
Ken-ST Moderator: any questions gang?
Cale doh, Missed her
Ken-ST Moderator: Market still trading in the recent range
MS What's for lunch today?
Cale lunch? its just now Breakfast
t2t it's still dark at Ken's place
Cale the Movie 23, w/ Jim Carry, looks like it might be good
JP I agree Cale. 300 also looks realy cool.
Scott-ST Moderator: you mean Jim Carrey?
Cale bla bla lba
t2t oh, be careful there Scott
Scott-ST Moderator: lol
Cale you out, t2t?
t2t just about
t2t close to lunch
t2t looking for 16.80
Cale good call, and .75 as a stoP?
t2t how did u guess?
Cale jmho
t2t pop out 2+%
Cale note how SNDK is riding the 5min 50 ema?, just a Cale, SNDK note
Scott-ST Moderator: good job t2t
t2t nice, now i can take that bio break...ouch :)
Scott-ST Moderator: yes, nice yee, thanks Cale
Scott-ST Moderator: now, t2t, can you not look?
Scott-ST Moderator: can you close that chart and not look back?
Scott-ST Moderator: dont be an "Ether"
Cale lol
Cale Thats hard to do
t2t lol, can't stop looking....
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t2t watch it fly through 17, doh
Scott-ST Moderator: its okay to do but what happens is the next time you trade, you will be less likly to get out because you will think it will do the same as VDSI (keep going up) and it might just burn you.
Lippy Be strong t2t
Jen amen brother!
t2t understood Scott, took it off my watch/chart
Scott-ST Moderator: gm seven7
Scott-ST Moderator: lol
Cale yep good point Scott
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Scott-ST Moderator: gm emdee
t2t don't look Cale or Lippy
emdee gm Scott, mornin traders
Cale not looking
Cale cant make me look
t2t lol
Cale I am very happy with my 1%
t2t not that 17 means anything
Cale Profit is profit
Cale lol
Scott-ST Moderator: Ethel, dont look
t2t yup, made 2+%, can't complain a bit
Scott-ST Moderator: even if it goes to 18.50, dont let that change your strategy for the next trade
t2t i'm trying Scott...getting better all the time
t2t GIGM is in the same boat
Scott-ST Moderator: never stop learning
t2t however, it is lunch
t2t thanks Scott, your words ring clear
Scott-ST Moderator: good
Cale t2t, GIGM lOOKS GOOD ALSO
Cale but your right, its lunchand the markets are getting overbought
Cale 02.23.07
Cale the number 23
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Cale [url href=http://www.number23movie.com/]click here[/url]
Scott-ST Moderator: wb
t2t i'll watch that one after lunch - GIGM
Scott-ST Moderator: bio break, and getting more water, brb
t2t looks cool Cale, who's the babe?
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Cale huh?
kristi Ken, you mentioned fills via ARCA. What's that ?(sorry I'm a newbee)
t2t the 23 trailer Cale
MS Kristi- ARCA is an ECN ( middle man) sort off
Jen uh Cale, SNDK?
Cale nope, not long
Cale it did break through the 50 ema
Jen and working on the 100 ema
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t2t i don't think GIGM is going to wait until this afternoon
t2t must......hold.....back
Cale nope
Scott-ST Moderator: kristi, did MS answer your question?
Scott-ST Moderator: MS, your broker is the middle man
Jen NASDAQ about to take out the Jan high
Scott-ST Moderator: ARCA is the end man
Scott-ST Moderator: 2508?
Scott-ST Moderator: did we lose Ken?
lksobiech has left the room
Scott-ST Moderator: okay, have a great day Ken, come back soon
Cale I think the time to play GIGM was at the 9:40 pull back
Cale its over extened right now..
Scott-ST Moderator: now is a good time for questions, anyone?
Scott-ST Moderator: so did anyone watch heroes lastnight?
Scott-ST Moderator: the lady that had super hearing
Scott-ST Moderator: or what about the lady that could get onto the internet from her brain, ya what ever
Jen what network?
t2t good call Cale
Scott-ST Moderator: yep
t2t i think u r right
Cale on GIGM?
t2t yea
Cale yep
Cale Markets are extened
t2t it just can't break the range
Scott-ST Moderator: Jen, I think your right the NAS will take out its high from Jan
t2t VDSI was at the right time
Cale yep it was perfect
Cale may get in on next pull back
Cale will watch it very close
t2t i was looking at MEDX as a Type A today, but didn't ...doh
Cale t2t, I think Ken and Scott, needs to hire you
t2t lol, just lucky man
Scott-ST Moderator: PNRA gapped backup
Scott-ST Moderator: [img id=em-11]
Cale you like those in that $15 range dont you
t2t lol, yes i do, 1% is easier :)
t2t as long as the vol is there
t2t really don't like vol under 1mill
t2t Cale, u talking about VDSI pull back?
t2t or GIGM?
Scott-ST Moderator: GIGM
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Scott-ST Moderator: has a good setup but over extened
Cale yea, I was looking at GIGM
Cale wb Ken
Scott-ST Moderator: wb
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kristi thanks MS
kristi my broker is options xpress - anyone have experiences good or bad with them?
Ken-ST Moderator: ty
t2t not here kristi
Ken-ST Moderator: kristi , from what I know of them, they do not have a direct access platform
kristi any recommendations?
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.
Scott-ST Moderator: For those who need to daytrade equities but do not have the $25,000.00 equity requirement, we would like to recommend that you check out Harmontrading.com. You will have 4 to 1 Day Trading Margin and unlimited daily trades with a minimum of $2,000 member equity.Harmontrading is also ideal to trade OTCBB and Pinksheet stocks, with direct access to 9 different Market Makers, and unlimited shares per trades, all at a flat rate.Feel free to try out our FREE REAL TIME SIMULATOR by emailing trading@harmontrading.com. Or, if you are interested in joining right away, you may request a Partnership Agreement by sending an email to info@harmontrading.com.
Ken-ST Moderator: if you have less than 30k Harmon Trading is the way to go
Cale t2t, in at 13.26
Cale cross my fingers
MajomX is it 30k now?it use to be 25
t2t i'm pulling for you Cale
Scott-ST Moderator: CUTR had a nice run today
kristi what would you recommend for more than 30k
Ken-ST Moderator: Speedtrader.com
t2t nice Scott - u get in there?
t2t there goes VDSI again
Scott-ST Moderator: Ethel, Ethel
t2t i know, but thought if it pulled back, i might take a trip this afternoon
kristi do you place limit orders for buying and selling or is there a better way?
t2t kristi, i think a lot of us Market in and Limit out
t2t that's what i try to do
Scott-ST Moderator: Kristi, its based on each traders comfort level
Ken-ST Moderator: I like market orders getting in. but it all depends on the stock and its liquidity. Each trader has their own level of comfort with regards to getting filled
Scott-ST Moderator: some might use market order to get into a position and then limit order to exit
t2t sometimes it happens so quick i'll market out, but i'm usually not happy with the sell/cover
t2t okay Cale, it's about to go
t2t i'm in with you cale, 13.28
kristi what do you guys think of OCO or One Triggers Two orders (that's what first attracted me to options xpress)?
Ken-ST Moderator: They are great
Ken-ST Moderator: DAS has that feature
Ken-ST Moderator: Called a Range Order
kristi DAS?
Ken-ST Moderator: Speedtrader's platform
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Lippy there u go t2t
Lippy are you in vdsi too Cale?
Cale nope, I am in GIGM
kristi is direct access important because of access to level 2?
Scott-ST Moderator: Level 2 Helps see what orders are in Que
t2t me too Cale, we'll get there but VDSI is really strong
Scott-ST Moderator: Direct Access is important to get filled because some brokers will use their route to fill orders internaly 1st then send it to the floor
t2t had the nice pull back to 17 and then....pop
t2t Lippy, u take a second trip?
Lippy yep
t2t GJ!!!!
Lippy in at 17.25
t2t u alreay got your 1%, excellent
Lippy out at 17.55 done
t2t gj!!!
Ken-ST Moderator: The Direct Access Platform is valuable in that it provides speed in handling orders, confirmations, exectutions
Lippy tx
t2t Lippy, you hit the sweet spot on that one
Ken-ST Moderator: you are at a severe disadvantage without it
Lippy lunch time for real this time...
t2t lol lippy
t2t Cale, this might take a while, but i think we'll get it
Cale as long as it keeps above the 5ema
Cale I will keep an eye on the over all market momentum
kristi thanks I will definitely check it out?
t2t good call
kristi sorry didn't mean to put the ?
larrybill cale, are you referring to vdsi?
t2t darn, wish i would have played MEDX - it was perfect
t2t sweet Type A
Ken-ST Moderator: yes
Ken-ST Moderator: nice
Ken-ST Moderator: good eye t2t
t2t yea good eye but no go...:(
t2t MEDX and INFA were on my Type A list
t2t didn't go with either
t2t Ken, your strategies really work
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Ken-ST Moderator: ty t2t
t2t u r more than welcome
Ken-ST Moderator: brb
t2t MEDX would have triggered at 14.03, real close to lunch
t2t but as soon as it did...pop
t2t lol Cale, maybe we break even on GIGM and get back into VDSI
t2t j/k
t2t ah, here we go - just need some vol
Cale I am in the money on GIGM
Cale not much but...
t2t profit is profit
Cale I think VDSI is extended
Scott-ST Moderator: just remember we are in the lunch hour
t2t yea, we said that almost a full point ago...lol
Scott-ST Moderator: and right off a holiday
t2t it would have been a risky move
Scott-ST Moderator: and a lot of traders took today as a day off also, making it a long weekend
t2t kind of like GIGM...lol
t2t GIGM's setup was there...just need the bulls to come back from lunch
Cale I only need 13.40 to get my 1%
t2t i need .42
Cale well I still think the setup was right at 9:45ish
t2t that was the best time
t2t late to the party but they still had a few beers ;)
t2t Scott, VDSI might go to 18.50
Scott-ST Moderator: yes, it could Ether
Scott-ST Moderator: Ethel
Scott-ST Moderator: just dont look
t2t LMAO, Et2thel
Lippy lol
t2t yes, east coast is finally warming up!
Lippy Where are you t2t?
t2t Jersey shore
Lippy close to
t2t Toms River to be exact
t2t Cale, i have a tight stop at 13.16
t2t you?
Lippy been there, there's guy who sells vintage Mustangs in your area, don't remember the name
bme347 i'm from union county NJ
t2t i stopped Cale
t2t wasn't gonna give up this mornings gains
t2t hope it does right for you
Cale yep me too
Cale oh, well Thats Day trading
Cale only lost .06
Scott-ST Moderator: thats Lunch
t2t yup, 13 cents here
t2t u are right Scott
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t2t cool Lippy, did you buy one?
Lippy nope, twas 5 years ago and the exchange rate was way too high.
t2t bme347, know the area
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bme347 i used to spend a lot of time at the shore
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t2t i did too whien i was younger
t2t used to hang at Jenk's all the time
bme347 i'm in new mexico now
t2t nice, love Taos
Lippy I saw a 68 shelby convertible in Tucson last november i was on vacation knocked on the owner's door 3 days in a row no answer...
bme347 that where i'm at
t2t nice bme347
t2t Lippy, i bet you like barret jackson show
Lippy never miss will probably go next year
Lippy not to buy just to look
t2t oh, i think there are good deals there
t2t but shipping and fees probably eat a little coin
Lippy it's between 10 -20% too high to much hype
Lippy www.carsinbarns.com
Lippy i cry everytime...
Scott-ST Moderator: lol
t2t lol
Scott-ST Moderator: Scaning for type C's
Scott-ST Moderator: We are starting to roll out of lunch and will look at opening alerts
Cale Just so everyone knows, I am Anna Nichole Smith's Baby's Father
Cale just so you all hear it from me before the meda gets the news
Scott-ST Moderator: LOL, thanks Cale
bme347 congrats
Lippy was it fun Cale? we need details...
Jen Thank God the world knows the truth!
emilio i will see you in court Cale
kristi is speedtrader having web problems? I can't seem to get on.
Lippy details...c'mon Cale
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t2t LOL Cale, when are you going to talk to E network
Lippy we will let the judge decide
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Cale after I finish my book
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Scott-ST Moderator: wb kristi
Cale its all in the DNA Lippy
kristi wb?
Scott-ST Moderator: Welcome Back
Scott-ST Moderator: wb = Welcome Back [img id=em-10]
kristi it's ok you can say duh : )
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kristi Scott, I wanted to check out speedtrader, but can't seem to get on. Do you know if they are having web problems?
Scott-ST Moderator: [img id=em-8] I wouldnt do that, but Cale Might
t2t lol
Scott-ST Moderator: www.speedtrader.com
Scott-ST Moderator: seems to be working here
kristi huh, must be my computer
Scott-ST Moderator: anyone else?
kristi just curious - what are their commissions
Scott-ST Moderator: maybe options express but a fiter on your browser
Scott-ST Moderator: lol
Scott-ST Moderator: I am not sure
t2t site worked for me
kristi lol
Scott-ST Moderator: looks like the show 2.95 per trade @ 1500+ trades per month
Ken-ST Moderator: watching for consolidation/pullback on NYNY
Ken-ST Moderator: for a possible buy aler
Ken-ST Moderator: alert
kristi wow, that's a bargain compared to what I've been paying. Is there a catch?
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Scott-ST Moderator: lol, not sure kristi, give them a call
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Ken-ST Moderator: wb
kristi You have to make 1500 trades per month to get that rate?
t2t there you go Cale, SNDK is rolling over
Cale see, it just needed time
t2t Cale, think we just quit on GIGM too soon?
Cale or, the stop was too tight
Cale I was going tomove my stop to 13.10 but kept it at 13.20
Cale oh well, thats day trading
t2t the luch effect was my worries
Scott-ST Moderator: lol, no thats Lunch Trading
t2t yea Scott, but you need someone to do it so that everyone else learns
Ken-ST Moderator
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NYNY 12.51
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NYNY 12.51
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NYNY 12.51
t2t good, Ethel needed something else to watch
t2t don't look at GIGM now Cale
t2t stops were too tight
t2t 13.10 would have been perfect
Lippy vdsi ethel
t2t u know i'm watching Lippy
Lippy i know
t2t i want to see if it hit's Scott's 18.50 call :)
Lippy i'm watchin it too
t2t NYNY could do the same thing...
Cale NOPE Not going to look, I am done with GIGM
Cale dont make me look Ethel
t2t lol okay
pb Ken what would be the approx stop for NYNY if it triggers?
Ken-ST Moderator: Im looking at 12.35
MS pb- I would use 12.32 or 1.5%
MS OK sorry
Ken-ST Moderator: 12.34 actually
Ken-ST Moderator: that general area is good MS
pb thanx
Ken-ST Moderator: nice
t2t UTHR is getting close to new HOD
Ken-ST Moderator: we will avoid the first break area on that one
t2t Cale, you huntin wabbits?
t2t thanks Ken
MS Did you get a tick at 12.10 on NYNY just a few minutes ago?
t2t i did MS
kima yes MS
t2t here we go
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
kima Yes MS
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy NYNY 12.51
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy NYNY 12.51
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy NYNY 12.51
Ken-ST Moderator
Ken-ST Moderator: UPDATE: Moving stop on NYNY 12.34
Ken-ST Moderator: UPDATE: Moving stop on NYNY 12.34
Ken-ST Moderator: UPDATE: Moving stop on NYNY 12.34
MS Got filled 2000 shares ARCA @ .55 anyone got better?
Lippy same here
t2t .52 MS
t2t had the buy stop @ .50
MS You cheat T2T :)
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NYNY
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NYNY
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NYNY
rwalsh stayin in
t2t 1%, half out
rwalsh out
t2t sorry MS, didn't mean too
t2t to
MS I tried to be greedy, and now got stop at .55 Oh well, Lost $30.00 for Commission What's next ?
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Ken-ST Moderator: hi Jeramie
jeramie hello
MS Anyone still in NYNY?
t2t yes, half in
MS Where is your stop once you take first half profit?
Lippy out .49
t2t if it lifts, i'll move stop to entry
MS and if not
t2t stop @ .40
MS OK Good
t2t trailing a dime, which will be entry
t2t no reason to give any up - been a goooood day
Lippy good play t2t my stop was too tight wanted to protect mt profits
MS No reason whatsoever
MS T2t Do you want me to buy more shares so it will pop up?
t2t please do MS
t2t a boat load if you don't mind
Ken-ST Moderator: Gang we will play it conservative and avoid UTHR.
t2t make sure it's all market orders :)
MS here you go
t2t thanks
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Ken-ST Moderator: wb emdee
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MS That's all she wrote NYNY?
t2t don't know MS
Ken-ST Moderator: scale out on moves in your favor
Ken-ST Moderator: we are in the last period of hte day
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Ken-ST Moderator: wb
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t2t out now
t2t nice call Ken
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Ken-ST Moderator: gj t2t
t2t JADE is trying so hard to be a 10 dollar stock
t2t it want's to be included in Ken and Scott's scans
t2t JBLU held up much better than i thought it would
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Ken-ST Moderator: lol
Scott-ST Moderator: hehe
Scott-ST Moderator: just dont look at VDSI
t2t nope, not gonna go there
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Scott-ST Moderator: come on Ethel, you know you want to
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t2t that stock kicked butt today
Scott-ST Moderator: yep good job t2t
t2t up 20% on the day
t2t VDSI that is, not t2t
t2t yay, JADE made it
t2t now can it close above 10
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MS Scott - We are doing good Swingtrade JBHT and ESRX sofar so good, if tomorrow a good day it will reach first target easily
kristi I was planning to enter trades with limit orders using the suggested entry price. Do you think it will be difficult to get filled due to the fast price action on many of the stocks?
djg kristi it will be near impossible on a few of them
Scott-ST Moderator: nice
Scott-ST Moderator: its hard to say kristi, it depends on the stock
djg some move way too fast if your limit is the entry price
Scott-ST Moderator: ... how may shares you are trying to get filled, how fast its moving...
djg i was told to make up on exit the diff from my entry and suggested entry
emilio Kristi... i even tried to have stop limit order at trigger and .20% above limit ...and some don't trigger
kristi I haven't actually done anything yet. Just watching learning. and planning. I greatly appreciate all your advice.
djg not trying to be a d*ck scott
emilio i would use a market order at 1 cent below trigger entry
MS Kristi - Who is your broker?
emilio exit using stop order and .20% limit
emilio I guess everyone has their own techniques, but do scale out and trail some
kristi Scottrade - I was planning on switching to optionsxpress, but after reading the posts I'm thinking speedtrader.
emilio that's where the difference is
Ken-ST Moderator: Ok gang, i am heading out . Scott will take you to the close.
Ken-ST Moderator: have a great day gang
MS Bye Ken
JQ laters kenBO
Scott-ST Moderator: [img id=em-10]
kristi see you tomorrow
emilio how's the future room doing?
Mike22 tks Ken, good job today.
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Lippy tomorrow All
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t2t later Lippy
Scott-ST Moderator: tc lippy
Scott-ST Moderator: Any Questions?
jorge see u tomorrow
Scott-ST Moderator: I would say 3.11% for the room is doing well, with such a limited selection
jorge bye
Ken-ST Moderator: good today emilio +2.50 points
Scott-ST Moderator: later Jorge
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Ken-ST Moderator: see you all tomorrow gangies
Ken-ST Moderator: laters
Cale I though you left Ken?
Ken-ST Moderator is no longer a moderator
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Cale later dude
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Scott-ST Moderator: [img id=em-10] okay, lets get the party going now
t2t bye Ken, thanks!
t2t wooo hoooo
Cale LOL, Scott
t2t need a little push on JADE Scott, please :)
t2t .02 cents and i'm there
Scott-ST Moderator: see what I can do
Cale JADE, where did that one come from?
t2t was watching for the 10 dollar break - in at 10 even
t2t now it has flat line'd
t2t soooo extended
t2t might just get out at 3/4% and save it for tomorrow
Cale lol
Scott-ST Moderator: I would consider scaling out with profits in your favor
t2t thought you were hunting for wabbits Cale
Cale Shhh, I was ....
t2t yes Scott, good thought
t2t it has hit the wall IMO
t2t old cycling terms "it has bonked"
Scott-ST Moderator: humm, bonked
Scott-ST Moderator: have to remember that one
t2t runners use the term "wall" cyclist's "bonk"
t2t even Lance bonked once in a while
Scott-ST Moderator
Scott-ST Moderator: ONE HOUR LEFT IN THE TRADING DAY
Scott-ST Moderator: I have heard off someone being full of bonk
Scott-ST Moderator: but not a cyclist that hit the bonk
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Scott-ST Moderator: or, " that stock is full of BONK"
t2t not hit the bonk, just "i have bonked" - going off the back of the pack now - see you at the finish line
Cale t2t, check out the QQQQ
Cale its going to make a Run for it
t2t got a point Cale
t2t you have a point, i meant to say
t2t what was the NAS hight last month Jen?
Jen 2508.93
t2t thx, it's clear of that now
Cale and then some
Cale not sure where all this fuel is coming from but the markets just want to run up and up
Cale I am not really a bear but I think there is a correction coming soon, almost has to be
Scott-ST Moderator: could be Cale, and 10% correction wont really be much at all
Cale see there goes the Q's
Scott-ST Moderator: markets are hitting HOD
Scott-ST Moderator: and out of yesterdays Range
t2t still had to run from JADE, only made 1/2%
Scott-ST Moderator: only?, was it profit?
Scott-ST Moderator: well, then profit is profit
Scott-ST Moderator: i allways say
t2t yes, backed up the truck on JADE
t2t good profit
Cale good job t2t
Cale I want to be like you when I grow
t2t no u don't but thanks anyway
Cale grow up that is
t2t i've seen stocks to that when they cross the even 10 dollar mark, must be sentiment?
t2t i use to play this stock NVDM
bme347 thx guys got to go
t2t every time it would cross 10 (and that was often) it would pop
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Scott-ST Moderator: later bme
Scott-ST Moderator: okay gang, I am going to take off....
Scott-ST Moderator: any last questions???
Scott-ST Moderator: have a good evening and I will see you all in the Morning
Scott-ST Moderator: Nite
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Cale: laters Scott
t2t: bye Scott
t2t: see Jade did it again as it poped over 10
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t2t: weird science - i guess
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Cale: not sure I could mess with that one
t2t: no, not sure why i did in the first place, i got close to over trading today....oops
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Cale: Well I think I am going to bail also
Cale: thanks a ton for VDSI t2t
t2t: later dude
t2t: u r welcome, glad it worked out!
Cale: everyone have a goodnight...