**********************************************************
********** Good Morning Everyone
********** Thursday July 26th, 2007
**********
********************************************************************
kami gm
Scott-ST Moderator: gm nick, Tony, kami
nick gm
Tony gm
JQ You hurt our feeling's because you didn't say goodbye!!!
Scott-ST Moderator: [img id=em-1]
tc CHIC ??
JQ :)
Jen man, I am most sorry. Was running late if I recall
Ricky has entered DayTrading Chat
JQ :(
Scott-ST Moderator: ty tc, adding CHIC
Jim has entered DayTrading Chat
JQ NO time for goodbye's when the Bat Phone Rings!!!
Scott-ST Moderator: GM jIM
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: CANCEL SBIB
JQ SHLD
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short BPFH 25.62
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short BPFH 25.62
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short BPFH 25.62
limey Very low vol !
nm has entered DayTrading Chat
Scott-ST Moderator: GM nm
nm gm scott
Scott-ST Moderator: Watching for Type B Short at new low of the day on AKAM 38.09
Scott-ST Moderator: Watching for Type B Short at new low of the day on AKAM 38.09
Scott-ST Moderator: Watching for Type B Short at new low of the day on AKAM 38.09
JQ PNRA
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BPFH
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BPFH
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BPFH
Tony has logged out
Scott-ST Moderator: Watching for Type B Short at new low of the day on CHIC 19.74
Scott-ST Moderator: Watching for Type B Short at new low of the day on CHIC 19.74
Scott-ST Moderator: Watching for Type B Short at new low of the day on CHIC 19.74
mych BIG BIG dump on dow
Scott-ST Moderator: DOW DOWN 144
Scott-ST Moderator: S&P DOWN 20
Scott-ST Moderator: NAZ DOWN 37
JQ ty...ty...ty
Scott-ST Moderator: Watching for Type B Short at new low of the day on CFC 28.47
Scott-ST Moderator: Watching for Type B Short at new low of the day on CFC 28.47
Scott-ST Moderator: Watching for Type B Short at new low of the day on CFC 28.47
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short CHIC 19.74
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short CHIC 19.74
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short CHIC 19.74
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CHIC 1
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CHIC 1
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CHIC 1
JQ GOOD CALL
Ricky ty
Cale that was easy
Jen that was beautiful Scotty
steve n1
Scott-ST Moderator: good trade gang
JP Nice trade
Scott-ST Moderator: markets just keep making new Lows
JQ SHLD seting up
Scott-ST Moderator: Watching for Type B Short at new low of the day on SHLD 145.63
Scott-ST Moderator: Watching for Type B Short at new low of the day on SHLD 145.63
Scott-ST Moderator: Watching for Type B Short at new low of the day on SHLD 145.63
Scott-ST Moderator: the stop is a bit tight but not too bad
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SHLD 145.63
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SHLD 145.63
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SHLD 145.63
mych all my fav stocks died today
Scott-ST Moderator: UPDATE: Moving stop on SHLD 147.01
Scott-ST Moderator: UPDATE: Moving stop on SHLD 147.01
Scott-ST Moderator: UPDATE: Moving stop on SHLD 147.01
JP BIDU just off new all time highs
Cale my CROX is looking good
Scott-ST Moderator: That BIDU is crazy
Scott-ST Moderator: CHIC LOD
Cale yep, still in with 1/2
JQ Clazy
Scott-ST Moderator: [img id=em-4]
Scott-ST Moderator: LONG THE Q's at 49.14
tom shld nice
Scott-ST Moderator: hi risk looking for a qucik scalp on the Q's
Scott-ST Moderator: consider scaling out of SHLD with some profits
Scott-ST Moderator: UPDATE: Moving stop to entry SHLD
Scott-ST Moderator: UPDATE: Moving stop to entry SHLD
Scott-ST Moderator: UPDATE: Moving stop to entry SHLD
JQ out half @ .94
Jen at .92 for me
anatta has logged out
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VDSI 26.31
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VDSI 26.31
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VDSI 26.31
JQ Gj
anatta has entered DayTrading Chat
Scott-ST Moderator: good trade Jen
Scott-ST Moderator: good job JQ
Jen thxs
Scott-ST Moderator: still long the Q's
JP I don't like the spread on VDSI, jumps between .05 and .10 cents.
Scott-ST Moderator: its been about 3-5 cents for the most part
Scott-ST Moderator: we will keep an eye on it
Jen I was just thinking the same JP
Scott-ST Moderator: seems okay right now
Jen too volatile for me
Scott-ST Moderator: but stick with what is comfortable for you!!
nick target on qs?
Jen AKAM HOD?
Scott-ST Moderator: the thing to note is the setup
Scott-ST Moderator: 1/2 at .28
Scott-ST Moderator: no real good stop on AKAM
JQ did VDSI Trigger?
Scott-ST Moderator: stop at b/e +2
JP No
Cale did you think it triggered JQ?
JQ I show HOD @ .33 JP?
mych NOV long?
Cale i have 26.30
JP I show .33 on level 2 but when looking at the ticks on chart, shows highest trade was .30.
Scott-ST Moderator: 1/2 on the Q's
JP BIDU HOD good now?
JQ I must have bad feed!
JQ ok
nick out with .12 on the q's
Scott-ST Moderator: good Trade nick
nick thank you
nick for the trade
Scott-ST Moderator: Watching for Type B Buy at new high of the day on AAPL 147.51
Scott-ST Moderator: Watching for Type B Buy at new high of the day on AAPL 147.51
Scott-ST Moderator: Watching for Type B Buy at new high of the day on AAPL 147.51
Scott-ST Moderator: consider scaling out of SHLD with profits
Scott-ST Moderator: covering the Q's at 49.20 Flat
Cale CROX on a run
JP CROX broke 50
Scott-ST Moderator: Watching for Type B Buy at new high of the day on CFC 29.06
Scott-ST Moderator: Watching for Type B Buy at new high of the day on CFC 29.06
Scott-ST Moderator: Watching for Type B Buy at new high of the day on CFC 29.06
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy CFC 29.06
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy CFC 29.06
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy CFC 29.06
JP to late
limey alert to late
Ricky It was already at 29.30
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CFC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CFC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CFC
JP Would have been a nice one.
Ricky Don't think you can have that one Scott
limey no way
Scott-ST Moderator: if you didnt get in the best thing to do is note the setup
Ricky Just to keep things real, your alert went out when the stock was already at 29.30. That's like printing money in the basement
Scott-ST Moderator: RIGHT, We will not book that one Gang
Scott-ST Moderator: but the setup was there
mych AMZN on the run
Ricky Sorry. Just want to keep it real
Scott-ST Moderator: you all need to remember this is for Learning only
JQ Ya Da Man G.Scott!!!
Ricky Is there college credit for being in this room?
Scott-ST Moderator: lol
JQ lol
Scott-ST Moderator: HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM
mych you can negotiate with your lecturer for credits
Scott-ST Moderator: ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
Scott-ST Moderator: and the most important part is
Scott-ST Moderator: this one
Scott-ST Moderator: No Financial Advice
The information on the website is provided for information purposes only. The information is not intended to be and does not constitute financial advice or any other advice. The information on this website is general in nature and is not specific to you. You should not make any decision, financial or otherwise, based on any of the information on this site without undertaking your own due diligence. You agree that any and all use of the information, which you make, is solely at your own risk and without recourse to the Company or the content providers.
JQ WTF does that mean!!
JQ LMAO
Scott-ST Moderator: he information on the website is provided for information purposes only.
Ricky how about "she" information on the website?
Cale no problem Scotty Scott
JQ GJ Great Scott!!
Scott-ST Moderator: what do you mean Ricky?
Cale CROX still Running
Scott-ST Moderator: still in the 2nd 1/2 of the Q's with a trailing stop
Charlie has entered DayTrading Chat
Ricky Just kidding. A few lines up, on one of your disclosures, you started the sentence as, "He information..."
Scott-ST Moderator: gm Chuck
mych has left the room
Charlie gm Scott
Scott-ST Moderator: might say the, missing the T ?
JQ Calebo did you get some profit in SHLD
JP Cale, you in CROX for longterm or day trade?
ddjlee has logged out
ddjlee has entered DayTrading Chat
Cale Long Term, got in at 48.28
Scott-ST Moderator: STOPPED Consider exit in SHLD break even
Scott-ST Moderator: STOPPED Consider exit in SHLD break even
Scott-ST Moderator: STOPPED Consider exit in SHLD break even
JP Nice.
Scott-ST Moderator: BRKL was very close
Scott-ST Moderator: good trade JP
Scott-ST Moderator: hope everyone took some profits
JQ GOOD Stop G. Scott
Scott-ST Moderator: AAPL getting close
Scott-ST Moderator: stop on the Q's is .37
Cale Kinda my new SNDK JP
Scott-ST Moderator: flat with profits on the Q's
anatta has logged out
anatta has entered DayTrading Chat
Scott-ST Moderator: wb anatta
Scott-ST Moderator: here comes the next dip
Scott-ST Moderator: in the markets
anatta ty Scott
Scott-ST Moderator: Well looks like the Markets are in a trading range for doday
Scott-ST Moderator: BRKL is close
JQ Ok...Good Job as ALWAY"S Great Scott...Laters Gang!!!...OUT!
Scott-ST Moderator: take care JQ
JQ has logged out
Cale later JQ
Scott-ST Moderator: and a bounce back up into the chop
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy VDSI 26.31
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy VDSI 26.31
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy VDSI 26.31
Scott-ST Moderator: UPDATE: Moving stop to entry VDSI
Scott-ST Moderator: UPDATE: Moving stop to entry VDSI
Scott-ST Moderator: UPDATE: Moving stop to entry VDSI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VDSI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VDSI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VDSI
Cale NICE AND EASY
Cale liked that one, got in a bit early also :)
Scott-ST Moderator: gj Cale
Scott-ST Moderator: CHIC LOD
Scott-ST Moderator: still in Cale
Cale yes, who brought that one up?
Scott-ST Moderator: you can thank tc for that one
Cale TY tc
Tony has entered DayTrading Chat
Scott-ST Moderator: wb Tony
Tony thx
tc yeah, now if I had only been smart enough to play it myself, then we'd have something
Cale lol, oh no
Cale seems like you can still get in and make money
Scott-ST Moderator: hummm, dont chase it
tc i'm just here to help you guys out
Scott-ST Moderator: lol, and a great job you do tc
tc no, not even a thought, Scott, my chasing days are over
Ricky Cale, do you have a trail stop on it and how much? If you don't mind saying.
tom has logged out
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 147.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 147.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 147.51
Ricky put the bottle down
Amlo not yet
Cale yes, i HAVE A TRAILING stop
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short AKAM 38.09
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short AKAM 38.09
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short AKAM 38.09
Scott-ST Moderator: UPDATE: Moving stop to entry AKAM
Scott-ST Moderator: UPDATE: Moving stop to entry AKAM
Scott-ST Moderator: UPDATE: Moving stop to entry AKAM
Scott-ST Moderator: RISK Nothing on AKAM
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AKAM
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AKAM
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AKAM
Scott-ST Moderator: and BRKL is very close
tom has entered DayTrading Chat
Scott-ST Moderator: UPDATE: Moving stop on AAPL 145.38
Scott-ST Moderator: UPDATE: Moving stop on AAPL 145.38
Scott-ST Moderator: UPDATE: Moving stop on AAPL 145.38
Ricky Scott, apple didn't trigger.
Scott-ST Moderator: NO?
Ricky No!
Cale I think it was out of the market
tc no it was a bad tick, scott
Scott-ST Moderator: okay Thanks Guys [img id=em-10]
tc it's getting ready to now though
Ricky stand by, it just might
Scott-ST Moderator: its still valid
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 147.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 147.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy AAPL 147.51
Scott-ST Moderator: there we go
Ricky We got your back
Scott-ST Moderator: UPDATE: Moving stop on AAPL 145.38
Scott-ST Moderator: UPDATE: Moving stop on AAPL 145.38
Scott-ST Moderator: UPDATE: Moving stop on AAPL 145.38
Scott-ST Moderator: [img id=em-6]Thanks
nm good job scott!!
Scott-ST Moderator: Thanks Gang
Scott-ST Moderator: thank you nm
Scott-ST Moderator: Intraday Momentum is Sideways to Down
Scott-ST Moderator: I sure hope everyone made some $$$ TODAY!!!
nm yepper :-)
Scott-ST Moderator: UPDATE: Moving stop to entry AAPL 145.76
Scott-ST Moderator: UPDATE: Moving stop to entry AAPL 145.76
Scott-ST Moderator: UPDATE: Moving stop to entry AAPL 145.76
Scott-ST Moderator: UPDATE: Moving stop to entry AAPL 145.74
Scott-ST Moderator: UPDATE: Moving stop to entry AAPL 145.74
Scott-ST Moderator: UPDATE: Moving stop to entry AAPL 145.74
Scott-ST Moderator: Sorry, needs to be under the .75
Scott-ST Moderator: AKAM LOD
Cale should have only take 1/2
Cale didnt like the trading action at the open
Scott-ST Moderator: I think you did the right thing Cale, good Trade
Scott-ST Moderator: VDSI HOD
Ricky Cale, where do you normally put your Trailing Stop after you take half off the table? if you are willing.
Cale always willing Ricky,
Cale I start my traling stop at 1% profit then follow it close, it just depends on how volitle the stock is and how its moving
Ricky I will need your Visa number, security code and your home zip code.
Cale some i give extra room and some I keep close
Cale sure, just give me your mailing address and I will get it right over to you
Ricky Wasn't sure how willing you were to share information, so it didn't hurt to ask.
Cale but dont panic if the phone stops working just before I ring the door bell
Ricky Thanks for the info. Now i'm panic'ng
Cale [img id=em-10]
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL AFTER LUNCH
Scott-ST Moderator: NOTE BRKL is still valid, and close
Scott-ST Moderator: Any Questions?
Scott-ST Moderator: need to step away for a few gang brb
Scott-ST Moderator: AAPL HOD
mych has entered DayTrading Chat
CO_Canadian has logged out
Ricky Scott, you back?
mych good work guys
mych has left the room
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short BRKL 10.63
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short BRKL 10.63
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short BRKL 10.63
Ricky has logged out
Scott-ST Moderator: take care Ricky, and mych
Scott-ST Moderator: OUCH Markets at new LOD
Scott-ST Moderator: tradning Down
Scott-ST Moderator: Markets Just Falling
Scott-ST Moderator: DOW DOWN 218
Scott-ST Moderator: NAZ DOWN 47.55
Scott-ST Moderator: S&P DOWN 29
titan100 Hi guys, it´s my first day here... I wonder wich brooker you guys use... With only 1 % profit on each trade, you guys must have a discount brooker with a low a commission. Sorry for my bad english, I come from Denmark...
Scott-ST Moderator: I think this is the start of the Down Trend
Scott-ST Moderator: welcome titan
Cale hi titan
Cale I use SSP with Schwab, 9.95 a trade
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.
ddjlee has logged out
titan100 Thanks a lot! What about Mastertrader and Speedtrader?
Scott-ST Moderator: SpeedTrader i hear is good
Scott-ST Moderator: not sure about mastertrader
Scott-ST Moderator: as long as you have a Direct Access system
ddjlee has entered DayTrading Chat
Scott-ST Moderator: wb dd
ddjlee ty
titan100 Thankyou!
Scott-ST Moderator: Lunch time is a good time for Questions and chit-chat titan
Scott-ST Moderator: ce cancel all the type B alerts for lunch and play the type A's and C's
Scott-ST Moderator: I am scanning for type C's now
Scott-ST Moderator: Watching for possible Type C Buy on JOYG 48.36
Scott-ST Moderator: Watching for possible Type C Buy on JOYG 48.36
Scott-ST Moderator: Watching for possible Type C Buy on JOYG 48.36
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy JOYG 48.36
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy JOYG 48.36
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy JOYG 48.36
limey my charts are all wrong on joyg
Scott-ST Moderator: [img id=em-5]
limey shows a straight line
Scott-ST Moderator: close the app and restart
Scott-ST Moderator: UPDATE: Moving stop on JOYG 47.96
Scott-ST Moderator: UPDATE: Moving stop on JOYG 47.96
Scott-ST Moderator: UPDATE: Moving stop on JOYG 47.96
Scott-ST Moderator: Watching for possible Type C Buy on AMTD 17.26
Scott-ST Moderator: Watching for possible Type C Buy on AMTD 17.26
Scott-ST Moderator: Watching for possible Type C Buy on AMTD 17.26
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in JOYG
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in JOYG
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in JOYG
Mike22 rock n roll type C !!!
Amlo thxs
Cale very nice, havent seen a C in a long time, and now we have 2
anatta Scott, Your C is an A plus!
Scott-ST Moderator: Good Trade gang
Scott-ST Moderator: [img id=em-10]
Scott-ST Moderator: Just need AAPL to run up
Mike22 out @ .95 ...gj Scott !!!
Scott-ST Moderator: very nice Mike
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMTD 17.26
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMTD 17.26
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMTD 17.26
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMTD 17.26
Scott-ST Moderator: UPDATE: Moving stop on AMTD 17.17
Scott-ST Moderator: UPDATE: Moving stop on AMTD 17.17
Scott-ST Moderator: UPDATE: Moving stop on AMTD 17.17
Scott-ST Moderator: tight stop
Scott-ST Moderator: but it should work out
Scott-ST Moderator: note the 20 ema is right at profit
Scott-ST Moderator: my consider scaling out with profits in your favor
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BRKL
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BRKL
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BRKL
kami it's perfect score today wd scott !
Scott-ST Moderator: [img id=em-10]
mac What are your conditions for scanning Type B stocks
Scott-ST Moderator: Gapping up or Hitting all time highs
mac Thanks
sl has entered DayTrading Chat
Mike22 futures turning. careful everyone
Scott-ST Moderator: Mike is right, we are are starting to turn down again
anatta SHLD a short?
Scott-ST Moderator: looks good anatta, but we will avoid because we are in the lunch hour
anatta ok
kami has logged out
Scott-ST Moderator: VDSI new HOD
Scott-ST Moderator: Any Questions?
Scott-ST Moderator: STOPPED Consider exit in AMTD
Scott-ST Moderator: STOPPED Consider exit in AMTD
mych has entered DayTrading Chat
mych looking at the 100 day trend.. I think there is more downside to the market
mych all the short positions making money
Mike22 short the q's scott?
mych spx index now pushed back to APRL support level
Scott-ST Moderator: STOPPED Consider exit in AAPL
Scott-ST Moderator: STOPPED Consider exit in AAPL
Scott-ST Moderator: STOPPED Consider exit in AAPL
Scott-ST Moderator: Yes mike I am short the Q's
mych DJI breaking 13,500
Scott-ST Moderator: agree mych, i thinik we will see much more down in this market
Scott-ST Moderator: DOW DOWN 283
Scott-ST Moderator: NAZ DOWN 62
Scott-ST Moderator: S&P DOWN 35.24
Scott-ST Moderator: and still falling
Scott-ST Moderator: 2.06% down in the DOW
Scott-ST Moderator: all the Longs are starting to cover out
mych we may see some sporadic gap up play.. but only for strong stocks
mych Dell seems well protected
Cale and CROX is still holding strong
mych Dell at 28.60 can expect 29 level.. but need to hold it over at least 1 day
mych my stock scan currently showing 100% short action
mych C falling
mych CIT falling
limey Close to hitting my swing trade stops crazy
mych Seeking Alpha
Ultra Short ETFs Benefit From Volatile Market
Monday June 25, 11:18 am ET

Tom Lydon (ETF Trends) submits: In light of last week's market volatility, it is no wonder the ProShares Ultra Short ETFs were top performers. Ultra Short ETFs give double the opposite of the market return and are seen as "bearish" ETFs.
mych SDS buy
mych what you think?
mych http://biz.yahoo.com/seekingalpha/070625/39285_id.html?.v=1
mych comments?
mych just an idea
mych scott?
Scott-ST Moderator: sir
mych what do you think bout the SDS?
Scott-ST Moderator: Trading in Recent Range for a day trade
Scott-ST Moderator: too extended for a swing trade
Scott-ST Moderator: nice yahoo artical mych, on the shorts, thanks
mych I think is a safer "short" play on SDS than is we pick a stock.. if the market goes south we follow the index
mych not all traders would have margin account to short..
Scott-ST Moderator: Rolling out of lunch
Scott-ST Moderator: yep, I trade my IRA account and hate that I cant short
Scott-ST Moderator: so I go for the QID... etc
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VDSI 26.96
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VDSI 26.96
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VDSI 26.96
Scott-ST Moderator: Watching for Type B Short at new low of the day on SHLD 141.72
Scott-ST Moderator: Watching for Type B Short at new low of the day on SHLD 141.72
Scott-ST Moderator: Watching for Type B Short at new low of the day on SHLD 141.72
Jim has logged out
Scott-ST Moderator: what do you all have for a LOD on PNRA??
Scott-ST Moderator: anyone?
Jen 40.66
anatta 40.66
Scott-ST Moderator: Watching for Type B Short at new low of the day on PNRA 40.65
Scott-ST Moderator: Watching for Type B Short at new low of the day on PNRA 40.65
Scott-ST Moderator: Watching for Type B Short at new low of the day on PNRA 40.65
CO_Canadian has entered DayTrading Chat
Scott-ST Moderator: WB CO
CO_Canadian thanks Scott
mych has left the room
Scott-ST Moderator: anyone have any Questions?
Scott-ST Moderator: SYMC dropping
Amlo has logged out
Amlo has entered DayTrading Chat
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ddjlee has entered DayTrading Chat
Scott-ST Moderator: wb dd
Scott-ST Moderator: any Questions ?
Scott-ST Moderator: Markets are trading near their LOD
anatta Anymore C's?
Scott-ST Moderator: not at this point in time
ddjlee my computer got hung
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SHLD 141.72
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SHLD 141.72
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SHLD 141.72
Scott-ST Moderator: AH, hate when that happens
Scott-ST Moderator: but I love it when it works
Scott-ST Moderator: I guess its what we have come to expect
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short PNRA 40.65
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short PNRA 40.65
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short PNRA 40.65
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short PNRA 40.65
Scott-ST Moderator: UPDATE: Moving stop on PNRA 41.31
Scott-ST Moderator: UPDATE: Moving stop on PNRA 41.31
Scott-ST Moderator: UPDATE: Moving stop on PNRA 41.31
Scott-ST Moderator: UPDATE: Moving stop on SHLD 143.53
Scott-ST Moderator: UPDATE: Moving stop on SHLD 143.53
Scott-ST Moderator: UPDATE: Moving stop on SHLD 143.53
Scott-ST Moderator: still short the Q's
Scott-ST Moderator: DOW DOWN 312 2.29%
Scott-ST Moderator: NAZ DOWN 67 2.53%
Scott-ST Moderator: S%P DOWN 40 2.66%
Scott-ST Moderator: wow
Scott-ST Moderator: UPDATE: Moving stop to entry SHLD
Scott-ST Moderator: UPDATE: Moving stop to entry SHLD
Scott-ST Moderator: UPDATE: Moving stop to entry SHLD
Scott-ST Moderator: Lower Lows
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SHLD
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SHLD
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SHLD
anatta AAPL near LOD
Scott-ST Moderator: lets short it shall we?
Scott-ST Moderator: Watching for Type B Short at new low of the day on AAPL 124.04
Scott-ST Moderator: Watching for Type B Short at new low of the day on AAPL 124.04
Scott-ST Moderator: Watching for Type B Short at new low of the day on AAPL 124.04
anatta 124?
Scott-ST Moderator: EVERYONE SHOULD BE OUT OF shld
Scott-ST Moderator: lol TY anatta
Scott-ST Moderator: dont tell JQ
Jen AAPL 142 not 124
Scott-ST Moderator: Watching for Type B Short at new low of the day on AAPL 142.04
Scott-ST Moderator: Watching for Type B Short at new low of the day on AAPL 142.04
Scott-ST Moderator: Watching for Type B Short at new low of the day on AAPL 142.04
anatta We want it to go to 124 though!
Scott-ST Moderator: sure!!
Scott-ST Moderator: [img id=em-10]
Jen wishful thinking on Scott's part
Scott-ST Moderator: lol
Scott-ST Moderator: DOW DOWN 366
Scott-ST Moderator: NAZ DOWN 74.75
Scott-ST Moderator: S&P DOWN 44.55
Scott-ST Moderator: huge Sell off
Scott-ST Moderator: CANCEL VDSI LONG
Scott-ST Moderator: WOW SHLD still running down
Amlo I am done 20k up llater..........
anatta wtg Amlo!
Mike22 drinks on Amlo tonight!
Scott-ST Moderator: nice trading Amlo!!
Scott-ST Moderator: Drinks and Steaks!!
Scott-ST Moderator: Hell I am sure he can toss in some Lobsters also
Scott-ST Moderator: Amlo, what did you trade to get that? if I may ask?
Jen surf and turf for me!
limey has logged out
Scott-ST Moderator: sounds good huh Jen
Scott-ST Moderator: okay now as we get closer to the end of the day, watch for the Short Covering Rally
Jen yeah, and a high end wine to go with
Scott-ST Moderator: I would expect to see it bounce up some
Scott-ST Moderator: CANCEL AAPL short
Scott-ST Moderator: Flat on the Q's
mac has left the room
nm has logged out
anatta goog 499
Scott-ST Moderator: there goes PNRA
Scott-ST Moderator: SNDK taking a hit
Scott-ST Moderator: my keys L and O and D are getting worn out today
Jen no kidding!
JP has logged out
anatta GS
Scott-ST Moderator: that one would be hard to short
Scott-ST Moderator: are their shares avaliable to short?
Scott-ST Moderator: okay Gang thats about it for today, only ONE hour left in the Trading day
anatta I went long
Scott-ST Moderator: we will not issue any other alerts
Scott-ST Moderator: intresting Trade anatta
anatta at 190.01
Scott-ST Moderator: CANCEL ALL ALERTS FOR TODAY, JULY 26, 2007
Scott-ST Moderator: we should start to see some Short Covering coming in now
Scott-ST Moderator: UPDATE: Moving stop to entry PNRA
Scott-ST Moderator: UPDATE: Moving stop to entry PNRA
Scott-ST Moderator: UPDATE: Moving stop to entry PNRA
Scott-ST Moderator: Risk Nothing on PNRA
Scott-ST Moderator: STOPPED Consider exit in PNRA Break Even
Scott-ST Moderator: STOPPED Consider exit in PNRA Break Even
Scott-ST Moderator: STOPPED Consider exit in PNRA Break Even
Scott-ST Moderator: we can now call it a day.
Scott-ST Moderator: AnyQuestions?