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********** Good Morning Everyone
********** Friday March 9th, 2007
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Scott-ST Moderator: ADDING BCSI
djg gm
Scott-ST Moderator: ty AON
Bert has entered DayTrading Chat
Cale has entered DayTrading Chat
Scott-ST Moderator: gm Bert
A_O_N wc Scott, how bout ZQK?
Scott-ST Moderator: gm Cale
Scott-ST Moderator: gm djg
Bert gm all
A_O_N hey wave surfers - start buying ZQK!!! we can't let it fall like that :)
Scott-ST Moderator: not really a gap down
Scott-ST Moderator: but we will keep an eye on it
duke ZQK got 3 downgrades this am
Mike22 has logged out
Bert scott- you looking for jones soda to go up more, or down?
Mike22 has entered DayTrading Chat
Scott-ST Moderator: we will play it either way Bert
Scott-ST Moderator: just need to let it play out at the open
Scott-ST Moderator: we will not issue a short until it gets below the 5 ema on the 5 min chart
Ken-ST Moderator: gm jeramie, Lippy, djg, bert, cale, mike22
Ken-ST Moderator Update!
Ken-ST Moderator: ***********Market Assessment**********
Daily Chart: Above the 5 day EMA, Stochastics in downtrend
Hourly Chart: Downtrend with 20 EMA below the 50 EMA
5 min Chart: 5 min Chart: Downtrend with 20 EMA below the 50 EMA

Futures are up 9 points. Overall market bias is to the downside, however the short term factors on the Daily charts suggest a possible change in trend is coming. Despite this, the recent rise is in the market is viewed as a countertrend, a rally in an overall downtrend. This is a tough situation to trade in, and we suggest trading cautiously. It is also a Friday which demands conservative trading.
Cale gm Ken
jeramie mornin ken
Lippy gm Ken
theking has entered DayTrading Chat
Ken-ST Moderator: gm king
theking how's it going/
kima has entered DayTrading Chat
Scott-ST Moderator: gm theking
Scott-ST Moderator: gm kima
bobby has entered DayTrading Chat
Ken-ST Moderator: gm kima
A_O_N ok guys, we got 6 type b, it means that theoretically we can make 12% today :)
Scott-ST Moderator: gm bobby
A_O_N so let's do it!!!
Ken-ST Moderator: going good ty
Ken-ST Moderator: gm bobby
bobby gm guys
Ken-ST Moderator: trading just the first session today gang
JP has logged out
Scott-ST Moderator: ADDING NGPS
Pontiff has entered DayTrading Chat
Ken-ST Moderator: ok JP have a good weekend bud
Ken-ST Moderator: gm Pontiff
Pontiff gm ken scott gang
Scott-ST Moderator: gm Pontiff
Cale lol Ken
Cale poor JP
Scott-ST Moderator: hehe, that never gets old
johnboy has entered DayTrading Chat
Scott-ST Moderator: LETS GET THIS PARTY STARTED!!
johnboy gm Ken/Scott/comrades
Ken-ST Moderator: gm jb
Scott-ST Moderator: GM JOHNBOY
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on BCSI 35.16
Ken-ST Moderator: Watching for Type B Buy at new high of the day on BCSI 35.16
Ken-ST Moderator: Watching for Type B Buy at new high of the day on BCSI 35.16
Ken-ST Moderator: BCSI is on thin side
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on NPGS 35.99
Ken-ST Moderator: Watching for Type B Short at new low of the day on NPGS 35.99
Ken-ST Moderator: Watching for Type B Short at new low of the day on NPGS 35.99
jnbailey has entered DayTrading Chat
Ken-ST Moderator: GM BAILEY
Cale SNDK gapped up into recent trading range
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on JSDA 17.26
Ken-ST Moderator: Watching for Type B Buy at new high of the day on JSDA 17.26
Ken-ST Moderator: Watching for Type B Buy at new high of the day on JSDA 17.26
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy BCSI 35.16
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy BCSI 35.16
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy BCSI 35.16
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BCSI
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BCSI
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BCSI
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JSDA 17.26
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JSDA 17.26
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JSDA 17.26
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on JSDA 16.79
Ken-ST Moderator: UPDATE: Moving stop on JSDA 16.79
Ken-ST Moderator: UPDATE: Moving stop on JSDA 16.79
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on GMKT 15.74
Ken-ST Moderator: Watching for Type B Short at new low of the day on GMKT 15.74
Ken-ST Moderator: Watching for Type B Short at new low of the day on GMKT 15.74
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on PSPT 14.31
Ken-ST Moderator: Watching for Type B Short at new low of the day on PSPT 14.31
Ken-ST Moderator: Watching for Type B Short at new low of the day on PSPT 14.31
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short GMKT 15.74
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short GMKT 15.74
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short GMKT 15.74
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in GMKT
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in GMKT
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in GMKT
A_O_N didn't get it
duke too fast for me
Ken-ST Moderator: PSPT is close
JP has entered DayTrading Chat
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in JSDA
Ken-ST Moderator: STOPPED Consider exit in JSDA
Ken-ST Moderator: STOPPED Consider exit in JSDA
Ken-ST Moderator: wb JP
Ken-ST Moderator: PSPT is close
tc has logged out
A_O_N why didn't we go short JSDA?
Scott-ST Moderator: still above the 5 ema
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on INDM 22.60
Ken-ST Moderator: Watching for Type B Short at new low of the day on INDM 22.60
Ken-ST Moderator: Watching for Type B Short at new low of the day on INDM 22.60
Ken-ST Moderator: BCSI new hod
Scott-ST Moderator: indm close
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on CMTL 36.38
Ken-ST Moderator: Watching for Type B Short at new low of the day on CMTL 36.38
Ken-ST Moderator: Watching for Type B Short at new low of the day on CMTL 36.38
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on JSDA 16.41
Ken-ST Moderator: Watching for Type B Short at new low of the day on JSDA 16.41
Ken-ST Moderator: Watching for Type B Short at new low of the day on JSDA 16.41
MS No shorts JSDA arrrrrrrrrrrrrrrrrrrrrrrrr
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short INDM 22.60
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short INDM 22.60
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short INDM 22.60
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short CMTL 36.38
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short CMTL 36.38
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short CMTL 36.38
Jen has logged out
Jen has entered DayTrading Chat
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CMTL
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CMTL
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CMTL
Ken-ST Moderator Update!
riley has left the room
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NGPS 38.84
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NGPS 38.84
Ken-ST Moderator: Watching for Type B Buy at new high of the day on NGPS 38.84
Ken-ST Moderator: NGPS is volatile
A_O_N QLGC taking a hit
Ken-ST Moderator: nice trend area for the stock
Scott-ST Moderator: Markets looks like they want to fill the GAP
Ken-ST Moderator: it already did
Pontiff has logged out
MajomX has logged out
Ken-ST Moderator: NGPS is approaching
Ken-ST Moderator: JSDA as well
Ken-ST Moderator: JSDA short will look handsome if it can take out the lod
Ken-ST Moderator: YHOO near its 50 day ema nd possible support, we will stay clear
Cale as long as SNDK closes the gap I will be happy
Scott-ST Moderator: JQ we missed you yesterday
Scott-ST Moderator: good to have you back JQbo
Cale JQ is in the room????
Cale JQbo
Cale bah JQ is not in the house
Ken-ST Moderator: PSPT is close
frank has logged out
frank has entered DayTrading Chat
Scott-ST Moderator: wb frank
Scott-ST Moderator: GIVE IT UP MARKETS
Jen no kidding!
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short PSPT 14.31
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short PSPT 14.31
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short PSPT 14.31
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short PSPT 14.31
frank thx
Mike22 has logged out
Cale YHOO no bottom
Mike22 has entered DayTrading Chat
Scott-ST Moderator: wb Mike
Mike22 has left the room
Scott-ST Moderator: UPDATE: Moving stop on PSPT 14.69
Scott-ST Moderator: UPDATE: Moving stop on PSPT 14.69
Mike22 has entered DayTrading Chat
Mike22 tks Scott
Scott-ST Moderator: [img id=em-10]
bme347 has logged out
James has logged out
Jen PSPT, watch where GSCO is sitting on the bid. They have been sitting at .24, scaring up the price.
Jen now at .31
A_O_N this INDM worries me more
A_O_N it's a very thin stock usually
Jen bumping up against 200 ema though. Strong resistance
Jen on the daily
A_O_N yes
Mana has left the room
Lippy OK Gang good w/e to All Be back Monday
Lippy has left the room
jeramie Ken/Scott, if a swingtrade alert is not hit during the day issued, is it canceled?
Scott-ST Moderator: yes
Scott-ST Moderator: we cancel the B's at lunch
Scott-ST Moderator: if it has not triggered
JQ has logged out
Ken-ST Moderator: yes jeramie
Ken-ST Moderator: it is only good for that day
James has entered DayTrading Chat
jeramie for the longer term trades
Ken-ST Moderator: if it is valie the next day we will reissue
Scott-ST Moderator: ah Swings not Day?
jeramie yes
Scott-ST Moderator: UPDATE: Moving stop on PSPT 14.52
Scott-ST Moderator: UPDATE: Moving stop on PSPT 14.52
Scott-ST Moderator: UPDATE: Moving stop on PSPT 14.52
Ken-ST Moderator: tighter stop on PSPT now available
A_O_N YHOO man..
A_O_N no bottom
Scott-ST Moderator: okay Gang we are about to roll into Lunch
Ken-ST Moderator: any big plans for the weekend?
Cale Clean the basement!!!
Cale and a movie, WILD HOGS
Scott-ST Moderator: sounds good
Scott-ST Moderator: CANCEL ALL ALERTS until Monday
djg saw zodiac last weekend looooong
Scott-ST Moderator: was it good?
Ken-ST Moderator: SGMS is still valid
Cale we were looking for a feel good movie, not one that would freak us out
djg not sure i could say good but i can say it seemed long
Scott-ST Moderator: yes, CANCEL ALL TYPE B ALERTS Until Monday
Scott-ST Moderator: we will still keep an eye on SGMS
Scott-ST Moderator: LOL, long isnt good
Scott-ST Moderator: because if you think its long it didnt keep you in the edge of your seat
Scott-ST Moderator: I dont mind long as long as it does not drag on
johnboy instead of a movie: read Breakfast of Champions by Kurt Vonnegut
Cale uhoh
Cale JB is recommending books
johnboy LOL, you didn't think I could read did you?
Ken-ST Moderator: what is it about?
Scott-ST Moderator: "Our awareness is all that is alive and maybe sacred in any of us. Everything else about us is dead machinery."(p.221)
Cale oh, no I wouldnt say that JB, I get the feeling you are well read
johnboy http://en.wikipedia.org/wiki/Breakfast_of_Champions
Scott-ST Moderator: http://www.geocities.com/hollywood/4953/champions.html
djg I liked Twisted by Jeffrey Deaver about to get the second one More Twisted short stories great book
lksobiech has left the room
Cale looks intresting djg
Cale will have to see if the local libruary has it
Cale library
Cale was spelling February
djg the title says it all the end of each story is like holy sh*t thats twisted
Cale lol
johnboy something like........it wasn't a well at all, it was a lighthouse?
James has logged out
jeramie has logged out
Cale okay gang I am going to call it a day
Cale have a good weekend everyone
Cale Welcome Back JQbo
Cale Take care JB
johnboy later CALE
Scott-ST Moderator: later Cale have a good weekend
djg not sure johnboy don't remember specifics read it a long time ago just remember really liking the book saw the new one and remembered how much I liked the first one
Cale has left the room
johnboy no djg, I was just bugging Cale.........he is quite fond of wells
djg okay jb
A_O_N INDM is a pain
A_O_N RIMM is taking a dump
Scott-ST Moderator: wow poor RIMM
duke hate rimm...let it die..LOL
Scott-ST Moderator: understand the feeling duke
Scott-ST Moderator: STOPPED Consider exit in PSPT
Scott-ST Moderator: STOPPED Consider exit in PSPT
Scott-ST Moderator: STOPPED Consider exit in PSPT
Scott-ST Moderator: Markets heading backup up
DaveL has logged out
Ken-ST Moderator: ok gang, its a Friday. Tough range day.
Ken-ST Moderator: There will be a lot better trading days coming
Scott-ST Moderator: alright Gang, I am going to call it a day, have a wonderful weekend!!!
Scott-ST Moderator: keep your eye on the stop for IDNM
Ken-ST Moderator: Its a Friday and market is in a countertrend like environemnt
johnboy later Scott, have a good one
Scott-ST Moderator: only .01 cent away from stop
Ken-ST Moderator: Keep trading to a minimum
Scott-ST Moderator: later Johnboy
Ken-ST Moderator: We will see you all on Monday.
Scott-ST Moderator: take care Ken