Ken-ST Moderator: gm all
kami has entered DayTrading Chat
kami gm
Ken-ST Moderator: GM KAMI
nick has entered DayTrading Chat
Ken-ST Moderator: GM NICK
nick hey ken
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mred has entered DayTrading Chat
Ken-ST Moderator: gm sl, mred
mred gm
kristi has logged out
Tony has entered DayTrading Chat
Ken-ST Moderator: gm tony
Tony gm Ken
kristi has entered DayTrading Chat
Ken-ST Moderator: wb
Ken-ST Moderator: futures are down this am
Ken-ST Moderator: about 6.5 points.
Ken-ST Moderator: not much of a list this am
Cale has entered DayTrading Chat
Ken-ST Moderator: gm cale
Cale GM Ken
Cale Good Morning Everyone
macias0 has entered DayTrading Chat
Ken-ST Moderator: gm macias
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: Downtrend with 20 EMA below the 50 EMA

Futures are down 6.50 points. Despite the down futures, the overall market trend is to the upside. Keep your trading conservative gang, its summertime trading.
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Ken-ST Moderator: gm cg
cg gm
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JQ GM Gang
JQ Gm BroBro
Ken-ST Moderator: gm JQ
nm has entered DayTrading Chat
Ken-ST Moderator: gm nm
Ken-ST Moderator: not much of a list today
Ricky has entered DayTrading Chat
nm gm
Ken-ST Moderator: everything is pulling back into their recent range
Ken-ST Moderator: its summer gang, keep your trading to a minimum
Ken-ST Moderator: gm Ricky
Ken-ST Moderator: only perfect setups
Ricky GM
Ken-ST Moderator: Good Trading !!!!
mac has entered DayTrading Chat
Ken-ST Moderator: gm mac
mac gm
Ken-ST Moderator: Watching for Type B Short at new low of the day on YHOO 26.06
Ken-ST Moderator: Watching for Type B Short at new low of the day on YHOO 26.06
Ken-ST Moderator: Watching for Type B Short at new low of the day on YHOO 26.06
Cale YHOOOoooommmmmmmm
Jen hey, I thought you were on vacation?
nm wow..what happened to INTC?
Cale I am, its Raining and we are just Chillen
Ken-ST Moderator: Watching for Type B Short at new low of the day on ITWO 13.24
Ken-ST Moderator: Watching for Type B Short at new low of the day on ITWO 13.24
Ken-ST Moderator: Watching for Type B Short at new low of the day on ITWO 13.24
Ken-ST Moderator: spread is on thin side with ITWO
Ken-ST Moderator: trade accordingly
Ken-ST Moderator: the initial stop will be wide, be advised
Ken-ST Moderator: if triggered
JP INTC margins fell short of expectations
nm thx jp
Ken-ST Moderator: ty jp
Cale it is Wednesday right?
Jen no, Friday!
Cale Doh, that was fast vacation
JQ Gm Calebo
JQ GM Batgirl
Ken-ST Moderator: YHOO is close
nm yhoo trying to get there
Cale GM JQers
Ken-ST Moderator: ITWO too
nm ken, what a dip...it was just in the 60's
Ken-ST Moderator: ITWO?
nm 13.66...in the cents
Ken-ST Moderator: yeah, its a mover
Cale RLI on a run for a listed stock
Ken-ST Moderator: market still in choppy range
Ken-ST Moderator: market on the rebound
Cale TZOO going to fill the gap down
Cale ARAY going down also
Cale SAFT nice short
Ken-ST Moderator: yes
Ken-ST Moderator: SAFT needs rally
Cale markets are moving up a bit from open
Cale maybe its a get long and stay long day?
Ken-ST Moderator: we are in an overall utprend
Ken-ST Moderator: itwo
Ken-ST Moderator: wrong window sorry
Cale Ken its so nice to see you, I didnt know Scotty Scott was going to be gone
Cale JQ, hows the PT count?
Ken-ST Moderator: yup he is on vacation
Cale Ken JB popped in last week to say hi
Ken-ST Moderator: YHOO testing its 5 EMA on 5 min
limey Got 1% long out of YHOO
Ken-ST Moderator: nice gj limey
JP Me too.
JP Got just under 1% on INTC as well.
Cale nice JP
JP Thanks. Did you find some nice land......with a nice deep well already on the property?
Ken-ST Moderator: lol
mac nvda
JQ Hey Calebo your SNDK had a good RUN!!
Ken-ST Moderator: market on the pullback
Ken-ST Moderator: but still in ragne
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Ken-ST Moderator: gm mych
mych gm Ken
mych Ben's speach seems to be taken positively
Ken-ST Moderator: its stil all over the place
mych Bernanke: pace of job growth will slow in months ahead
mych Bernanke: housing may weigh on growth in coming quarters
mych Bernanke sees risks of slower growth, higher inflation
mych Bernanke sees U.S. growth strengthening a bit in 2008
mych economy likely to grow moderately through 2007
mych headline inflation should dip if energy levels off
mych core inflation should edge lower through 2008
macias0 sounds like hes going a little dovish and might cut
Ken-ST Moderator: market new lod
Ken-ST Moderator: ITWO and YHOO lod are still in play
mych time to short now
Ken-ST Moderator: not necessarily
Ken-ST Moderator: overall the market is still in an uptrend
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ITWO 13.81
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ITWO 13.81
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ITWO 13.81
Ken-ST Moderator: a break either way on ITWO is a play
Ken-ST Moderator: tx for the info mych
Ken-ST Moderator: any other stocks to note out there?
Ken-ST Moderator: ITWO is close
mych whispers to you OIIM long
You whisper to mych It is still trading in the p/d range
You whisper to mych makes for choppy trading
mych HOKU short
Ken-ST Moderator: hold on, I am not quite sure ITWO triggered
Ken-ST Moderator: offer not there
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ITWO 13.81
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ITWO 13.81
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ITWO 13.81
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ITWO 13.81
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy ITWO 13.81
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ITWO
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ITWO
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ITWO
Ken-ST Moderator: CANCEL ITWO SHORT ALERT
Jen could you do the same on YHOO please!
limey Got .5 % bad fill but works
Ken-ST Moderator: If you got bad fill, you can always make up on exit
Ken-ST Moderator: thin stocks often run more
mych normally a fast run up get shorted back
Ken-ST Moderator: many stocks in their intraday ranges
Cale nice Job on ITWO Keners
Ken-ST Moderator: tx
Ken-ST Moderator: all you need is one good trade
Cale Limey, stil.l in Yahoo?
Ken-ST Moderator: ITWO new hod
limey NO
JQ laters gang got to run!!!
limey Make my $ and get out
JQ has logged out
mych ITWO wanna go up..
limey CHB at HOD
Ken-ST Moderator: market new lod
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Ken-ST Moderator: gm charlie
Charlie gm Ken
Ken-ST Moderator: ITWO over 7% runner
Cale Nice
Cale so much for the Market making an pop up
limey who knew !!
Cale good trade on YAHOO limey
Cale Well I guess its Lunch Time
Cale the room is so full of conversation and I cant get a word in, so I will go for a run
Ken-ST Moderator: have a good one
Ken-ST Moderator: CANCEL ALL TYPE B ALERTS
Ken-ST Moderator: no trades during lunch period gang
Ken-ST Moderator: market coming off the lows rightnow
Ken-ST Moderator: this is still looked upon as a pullback in an overall uptrending market
Ken-ST Moderator: We will take another look at the market after 1:00 pm est
Ken-ST Moderator: any quesitons/comments
Cale is it raining there?
Ken-ST Moderator: Yes
Ken-ST Moderator: Storm coming
Cale uh-oh
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Ken-ST Moderator: Intraday Momentum is Sideways to Up
Cale or is it up to Sideways?
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Ken-ST Moderator: whichever
Ken-ST Moderator: whatever you want it to be
Cale I can see your not much in a playful mode
Ken-ST Moderator: damn, i cant find anything to watch on tv
Ken-ST Moderator: summer trading
Ken-ST Moderator: ben is annoying
Ken-ST Moderator: or is it Celine Dion's husband
Cale LOL
Ken-ST Moderator: i think market can come all the way back
Ken-ST Moderator: by the end of hte day
Ken-ST Moderator: SAFT been selling off all day so far
Cale I know, isnt it nice
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Ken-ST Moderator: keep trading to a minimum during lunch period gang
mych ITWO $15.. wow
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Ken-ST Moderator: wb
Charlie ty
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Ken-ST Moderator: market new lod
Ken-ST Moderator: duing llunch
Jen has logged out
nick good time to buy long term you think?
Ken-ST Moderator: you can always buy long term
Ken-ST Moderator: but you never want to do lump sum
nick right
mych eg for Bidu.. even if it goes to 212 this week.. it touches 208 intra day.. good buy at 208
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Ken-ST Moderator: wb
Jen thxs
Ken-ST Moderator: market taking a stab at its 20 EMA
Ken-ST Moderator: nice surge above
Ken-ST Moderator: first time today
nick hey ken, found a good article on the m3 money supply report.. Its a Q & A with a congressman.. very interesting..
nick http://www.capitalspectator.com/archives/2006/03/one_congressman.html
nick not to get off on that tangent again
nick but it was a good read
Ken-ST Moderator: ty
Ken-ST Moderator: Ill take a look at that
Ken-ST Moderator: tx for the article nick, its was insightful
Ken-ST Moderator: That article confirms everythign I was saying. That Congressman knows what he is talking about
nick so do you
nick ken for president
Ken-ST Moderator: lol
Ken-ST Moderator: Central bank is evil
Ken-ST Moderator: you think the Federal Reserve is there to protect us. it is everything bu
Ken-ST Moderator: but
Ken-ST Moderator: Ok YHOO just took out the lod
Ken-ST Moderator: we will wait for a consoldaiton/rally and set a lod trigger
Ken-ST Moderator: Watching for Type B Buy at new high of the day on PPDI 34.18
Ken-ST Moderator: Watching for Type B Buy at new high of the day on PPDI 34.18
Ken-ST Moderator: Watching for Type B Buy at new high of the day on PPDI 34.18
Ken-ST Moderator: Watching for Type B Short at new low of the day on YHOO 26.03
Ken-ST Moderator: Watching for Type B Short at new low of the day on YHOO 26.03
Ken-ST Moderator: Watching for Type B Short at new low of the day on YHOO 26.03
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ITWO 15.21
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ITWO 15.21
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ITWO 15.21
Ken-ST Moderator: PPDI is close
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy PPDI 34.18
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy PPDI 34.18
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy PPDI 34.18
Ken-ST Moderator: UPDATE: Moving stop on PPDI 33.59
Ken-ST Moderator: UPDATE: Moving stop on PPDI 33.59
Ken-ST Moderator: UPDATE: Moving stop on PPDI 33.59
Ken-ST Moderator: Intraday Momentum is Sideways to Up
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Ken-ST Moderator: wb
Ken-ST Moderator: keep your trades conservative gang
Ken-ST Moderator: slowly scale your positions wiht moves in your favor
Ken-ST Moderator: I am going to play a tight stop
Ken-ST Moderator: UPDATE: Moving stop on PPDI 33.99
Ken-ST Moderator: UPDATE: Moving stop on PPDI 33.99
Ken-ST Moderator: UPDATE: Moving stop on PPDI 33.99
Ken-ST Moderator: Gang, I feel the market has the posssiblity of finding resistance in this area intraday. I am going to play a very tight stop.
Ken-ST Moderator: UPDATE: Moving stop to entry PPDI
Ken-ST Moderator: UPDATE: Moving stop to entry PPDI
Ken-ST Moderator: UPDATE: Moving stop to entry PPDI
Ken-ST Moderator: Just to remain conservative, while still giving us a great chance at a successful trade
Ken-ST Moderator: you still have that stop at 33.99 if you want something looser
Ken-ST Moderator: I feel we have an appropriate stop
Cale Here we go PPDI, here we go
Ken-ST Moderator: risk nothing on the trade gang
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PPDI
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PPDI
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PPDI
Ken-ST Moderator: CANCEL ALL TYPE B ALERTS
Ken-ST Moderator: Thats it for the day gang
limey has logged out
Ken-ST Moderator: Not going to force anything out in this market
anatta Thanks Ken!
Ken-ST Moderator: gj anatta
Ken-ST Moderator: Keep trades to a minimum in the summer
Ken-ST Moderator: two great trades. thats all we need.
Ken-ST Moderator: Any questions?
Cale nice day Keners
Ken-ST Moderator: tx cale
co_canadian Ken - PPDI - Thank you!! Sweet trade...
Cale wasnt that nice
Cale just like ITWO
Ken-ST Moderator: cool canada
Cale just couldn't get hooked up with YAHOO
Ken-ST Moderator: np glad everyone profited
Ken-ST Moderator: market is pullling back now. It hit the downtrending 5 min EMAs
Ken-ST Moderator: where it found resistance
Ken-ST Moderator: I think the market goes sideways to down the rest of the day
co_canadian I like that "Cool and Canada" same sentence.
Cale just Cool Cale
Ken-ST Moderator: Ok gang, I am taking off here.
Ken-ST Moderator: encouraging no trades for the rest of the day.
Ken-ST Moderator: Less time to trade in the day, the more risk
tc has logged out
Ken-ST Moderator: Have a great evening gang
Ken-ST Moderator: Take care and we'll see you all tomorrow