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********** Good Morning Everyone
********** Monday July 30th, 2007
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Scott-ST Moderator: Everyone have a good weekend?
Cale Yep, good weekend here Scott,
Cale you?
Scott-ST Moderator: yep, nice weekend here
Scott-ST Moderator: I know we have a large type B list today so try to not get overwhelmed
Scott-ST Moderator: and Remember, CASH is a position
tc i won't know which chart to try to follow
tc VCLK up on 6 charts
ddjlee has logged out
Scott-ST Moderator: on my eye list I also have CFC AKAM QLGC WFMI YAHOO
ddjlee has entered DayTrading Chat
Scott-ST Moderator: [img id=em-5] cRAZY TC
JQ Good tiger eye list!
Scott-ST Moderator: along with JNY
Scott-ST Moderator: Futures up this morning
drew has entered DayTrading Chat
Scott-ST Moderator: gm drew
drew gm scott
macias0 has entered DayTrading Chat
Scott-ST Moderator: gm macias
Scott-ST Moderator: everyone ready?
Scott-ST Moderator: THE SRS is Crazy
Scott-ST Moderator: Good Morning *** OPENING BELL ***
Scott-ST Moderator: Good Morning *** OPENING BELL ***
Scott-ST Moderator: Good Morning *** OPENING BELL ***
nm has entered DayTrading Chat
Scott-ST Moderator: gm nm
Cale AKAM SLAM
anatta has entered DayTrading Chat
anatta gm
Scott-ST Moderator: GM ANATTA
anatta hi Scott
Scott-ST Moderator: Markets Moving up Higher after the Opening Bell
Scott-ST Moderator: DOW UP 39
Scott-ST Moderator: NAZ UP 7.42
Scott-ST Moderator: S&P UP 4.8
Scott-ST Moderator: whats the Word for the day?
Cale UP?
Scott-ST Moderator: Conservative
Scott-ST Moderator: be very CONSERVATIVE in your trading today, expect a lot of whipping around
Cale anyone in a Trade yet?
JP We will end down 68 points.
Cale Jen I know your in one, C'mon
Scott-ST Moderator: in the DOW?
JQ naked
nm just shorted SNCR from 38.75
JP I took a .30 scalp on CROX.....might be done for the day.
mac has entered DayTrading Chat
JP Yes, on the Dow.
nm out now
mac gm
Scott-ST Moderator: where did you get that number JP?
Scott-ST Moderator: gm mac
JQ jnpr
Cale nice Trace nm
nm thx cale
Scott-ST Moderator: the Red Candel on the Markets is getting Bigger
nm might be a shortorini day
Scott-ST Moderator: looking that way
Jen delayed response, no I'm not in a trade yet.
Cale lol
Scott-ST Moderator: Watching for Type B Short at new low of the day on QLGC 13.49
Scott-ST Moderator: Watching for Type B Short at new low of the day on QLGC 13.49
Scott-ST Moderator: Watching for Type B Short at new low of the day on QLGC 13.49
Scott-ST Moderator: Shorting the Q's at 48.09, if it gets up there
Scott-ST Moderator: Filled
Cale Erin and Cramer on in the Morning, huh???
anatta followed u Scott
Cale this World is UP Side Down
Scott-ST Moderator: [img id=em-3]
nick stop o n q's?
Scott-ST Moderator: 40.31 right now
Scott-ST Moderator: 48.31
nick ty
Scott-ST Moderator: flat the Q's right now
Scott-ST Moderator: see what I mean, whipped around
Scott-ST Moderator: Knee Jurked
JQ CFC?
Scott-ST Moderator: setup is just missing a good stop
Scott-ST Moderator: need a slight pull back with some consolidation
JQ yapper
JQ .69 be enough?
Scott-ST Moderator: .66
Scott-ST Moderator: .63 is okay also
Scott-ST Moderator: markets are very oversold right now, lets let the dust settle down a bit
JQ okie dokie pokie!
Scott-ST Moderator: Watching for Type B Short at new low of the day on CFC 28.24
Scott-ST Moderator: Watching for Type B Short at new low of the day on CFC 28.24
Scott-ST Moderator: Watching for Type B Short at new low of the day on CFC 28.24
JQ Great Scott what about your YHOO here?
Scott-ST Moderator: not yet
Scott-ST Moderator: Still a Bit Choppy this Morning
Jen VCLK LOD?
JP Stop to large, IMO
Scott-ST Moderator: VCLK doesnt really have a good stop
Scott-ST Moderator: lets let it consolidate just a bid
Jen bagged 1%
Scott-ST Moderator: [img id=em-10] Good Job Jen
Jen doing the victory dance
Cale gj Jen
Jen thxs, I was starting to think it was going to be a no trade day
JQ how did you guys do on thur.-friday?
Cale Killed it on Thursday
JQ GJ
Scott-ST Moderator: SHORTING THE Q'S 48.15
JQ Futures I BET?
Cale some, but in this room also
Cale Scotty Scott was on fire
Jen I 2nd that one
Charlie has entered DayTrading Chat
Scott-ST Moderator: gm Charlie
Charlie has logged out
JQ That Great Scott Has EYE Of The Tiger...I'm telling YOU!!!
Charlie has entered DayTrading Chat
Jen oh JQ, now I have that stupid song stuck in my head!
Charlie gm Scott, everyone
Scott-ST Moderator: Watching for Type B Short at new low of the day on VCLK 19.58
Scott-ST Moderator: Watching for Type B Short at new low of the day on VCLK 19.58
Scott-ST Moderator: Watching for Type B Short at new low of the day on VCLK 19.58
JQ LOL
anatta On Friday, I had one of my best days in awhile so thank you Scott especially for the Qs.
Scott-ST Moderator: lol JQ
Scott-ST Moderator: good job anatta, and thank you
JQ Grat Scott's new theme Song Retiring Ethel!!!
Scott-ST Moderator: [img id=em-8]
Scott-ST Moderator: CANCEL VCLK SHORT
JQ Who's the artist on Eye Of The Tiger?
Ricky Is your trigger finger shaking, Scott?
Ricky Survivor
Scott-ST Moderator: LOL
JQ That's right couldn't remember!
JQ Great Scott is it playing in the background NOW?
Scott-ST Moderator: heheh, you all are crazy
Cale LOL
Cale found it on YouTube
JQ Hook a Bro UP!!
Cale http://youtube.com/watch?v=uELMzJQSKmU
Scott-ST Moderator: CANCEL QLGC SHORT
Scott-ST Moderator: Q's stop is 48.40
JQ That Great Scott in the HAT!!!
Ricky has logged out
Cale Brings Back memories from HighSchool
Cale wow
Scott-ST Moderator: what ever happened to Survivor?
Ricky has entered DayTrading Chat
Scott-ST Moderator: did they have more hits?
JQ Made my DAY Brother!!!
chuck150 has logged out
Scott-ST Moderator: okay, out of the Q's
Scott-ST Moderator: just need to sit on my hads for a bit
Scott-ST Moderator: CANCEL CFC SHORT
Ricky I think that makes tic-tac-toe, three down
JQ Can't wait to Tell BroBro Great Scott's new name Eye Of The Tiger!!
Ricky you win
Cale lol
Scott-ST Moderator: *BLUSH*
Scott-ST Moderator: Markets making new highs
Scott-ST Moderator: DOW UP 51
Scott-ST Moderator: NAZ UP 11.30
JQ *KABOOM*
Scott-ST Moderator: S&P UP 15
Scott-ST Moderator: ERR S&P UP 7.45
Scott-ST Moderator: THE S&P FUTURES ARE UP 15
JQ Calebo a good short for stock under 10...CPWR
Cale at what entry?
JQ in at .43
Cale wow nice
JQ Did you get out of SNDK?
Cale Still in
Cale may buy some more here, need to see if it can hold the 20 ema
JQ sndk
JQ A little Consolidation can't scare you bro!!
JQ Ya Da Man
Cale heheh
JQ If it holds the 20 I might jump in
JQ when do they report earnings
Scott-ST Moderator: nother Try with the Q will Short at 48.25
Scott-ST Moderator: if it goes up a bit
Cale not sure
Scott-ST Moderator: these Markets really want to drop
nm what a wacky market today
JQ I don't think I Have Big enough CRYSTAL'S to hold thru earnings
Cale sure you do
Scott-ST Moderator: Short the Q's at .25
limey Few stocks breaking initial HOD or LOD and if they do they fail Market cannot decide which way to go
nm yep limey
limey Hey nm my initails are NM
Scott-ST Moderator: brb gang
ddjlee has logged out
JQ brb after lunch
ddjlee has entered DayTrading Chat
Scott-ST Moderator: lunch already JQ?
Scott-ST Moderator: okay, Doing fine with our Q Short
JQ I'm thinking Chicken Fried steak and eggs
Scott-ST Moderator: [img id=em-6] me too?
JQ gravey
Cale that does sound good
Cale the best Chicken Fried Steak I had was at a stuckys in Kansas
Cale 30 years ago
Scott-ST Moderator: LOL, I remember those truck Stops
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL AFTER LUNCH
Scott-ST Moderator: Any Questions?
drew still short the q's or do you cover at lunch?
Scott-ST Moderator: nope still short
Scott-ST Moderator: looking for a lunch time breakdown
Scott-ST Moderator: but we will see
Cale JQ did you go see the Simpson Movie?
Cale JP did you?
Cale anyone??
Cale I wanted to but didnt get the time
JP Not yet.
JP Probably next weekend.
Cale lol
Cale may go this afternoon
Scott-ST Moderator: Q's down to 48.00, take 1/2
Scott-ST Moderator: and moving my stop to entry 48.25
Scott-ST Moderator: DOW DOWN 25
Scott-ST Moderator: NAZ DOWN 7.12
Scott-ST Moderator: S&P DOWN 1.73
Scott-ST Moderator: a very intresting Morning
Scott-ST Moderator: Markets are showing weakness
Scott-ST Moderator: it looks like we may have seen a small short covering rally this morning and maybe in a down trend the rest of the day
Scott-ST Moderator: we are seeing a 50% retracement from March
Scott-ST Moderator: and this area in the Markets has support
Scott-ST Moderator: This afternoon will be intresting to play
Scott-ST Moderator: any Questions or Comments?
anatta on the Qs are u using ema or sma?
Scott-ST Moderator: ema
Scott-ST Moderator: Gang,we strongly suggest that a 5 minute candlestick chart of the SPX be kept open to give you a visual of current market conditions, overlay this chart with 5, 20 and 50 ema and slow stochastics.  You will find that this will help you with your personal daytrading, giving you the “heartbeat” of the market.
anatta ty
Scott-ST Moderator: [img id=em-8] np
Scott-ST Moderator: Any Questions or Comments?
drew do you use the intraday futures /SPU7?
mac has left the room
Scott-ST Moderator: ESU7
Scott-ST Moderator: but that may vary from plat from to platform
Scott-ST Moderator: it should be ES though
tc has logged out
Scott-ST Moderator: take care tc
Scott-ST Moderator: a lot of support in the markets
Scott-ST Moderator: if it breaks through we will see lower lows and lower highs
Scott-ST Moderator: but Remember we are right in lunch
anatta vclk
Scott-ST Moderator: yep working lower and lower
Scott-ST Moderator: SRS and SDS up higher and higher
Scott-ST Moderator: the Q's need to break 48.00
Scott-ST Moderator: now we will see a new LOD for next support
Scott-ST Moderator: strong support for a weak internal price action
Scott-ST Moderator: the bears are knocking at the door, but the bulls will not let them in
Mike22 has entered DayTrading Chat
Scott-ST Moderator: hello Mike
Mike22 missed any action this morning?
Scott-ST Moderator: zippo Mike
Scott-ST Moderator: Choppy Market still in the middle of todays trading range
Ricky has logged out
Scott-ST Moderator: Markets are sitting at the opening price
Scott-ST Moderator: just wating to go in one direction or the other
tc has entered DayTrading Chat
Scott-ST Moderator: wb tc
Scott-ST Moderator: DOW DOWN 1
Scott-ST Moderator: NAZ DOWN 3
Scott-ST Moderator: S&P DOWN .72
Scott-ST Moderator: still sitting at the opening numbers
Mike22 brb
Mike22 has left the room
Scott-ST Moderator: Welcome to Summer Trading Gang!
titan100 has entered DayTrading Chat
Scott-ST Moderator: ga titan
nick any bets on where we end up this afternoon
Cale down
Cale not by much but I think we will end up RED
Scott-ST Moderator: there has really been no Econ News today
Scott-ST Moderator: tomorrow we have the Employment Cost Index and the Personal Income, Out lays at 8:30
Scott-ST Moderator: then the Redbook
Scott-ST Moderator: then at 10 we have Construction Spending and Consumer Confidence
Scott-ST Moderator: that will move the markets
Mike22 has entered DayTrading Chat
Scott-ST Moderator: wb
Scott-ST Moderator: okay Gang we are out of the Q's with a profit
Scott-ST Moderator: flat right now
Scott-ST Moderator: Markets making a run up as we roll out of the Lunch Hour
Scott-ST Moderator: I missed the Long signal in the Q's, oh well
Scott-ST Moderator: Market Stochastics are starting to show an over bought sign
Scott-ST Moderator: DOW UP 47
Scott-ST Moderator: NAZ UP 7.22
Scott-ST Moderator: S&P UP 6.47
Scott-ST Moderator: note the choppy action today, no trend
Scott-ST Moderator: Markets working on HOD
Scott-ST Moderator: Markets making new highs
Scott-ST Moderator: taking a Long position at 48.41
Scott-ST Moderator: may not pull back that far but I will not chase
limey Most stocks are stopping at HOD
Scott-ST Moderator: the support and resistance range is very tight today
limey % of success is to low to play
Scott-ST Moderator: today is a very 2 sided trading day
Scott-ST Moderator: okay Long in the Q's at .41
nick q stop?
Scott-ST Moderator: tight stop at 48.26
Ricky has entered DayTrading Chat
Scott-ST Moderator: Welcome back Ricky
Ricky has logged out
Scott-ST Moderator: higher highs
titan100 has logged out
tc has logged out
Scott-ST Moderator: going to take 1/2 profit at 48.60
Scott-ST Moderator: DOW UP 94
Scott-ST Moderator: NAZ UP 19
Scott-ST Moderator: S&P UP 12.74
Jim has logged out
macias0 has logged out
Scott-ST Moderator: MOVING My Stop to .65
Scott-ST Moderator: not the stop
Scott-ST Moderator: but the 1/2 profit mark to 48.65
Scott-ST Moderator: and will move the stop to entry
JQ GA
JQ Full as a Tick!
Scott-ST Moderator: LOL
Scott-ST Moderator: was it tasty?
JQ OMG!!
Cale are ya stuffed?
JQ Sweet Tea
JQ Hog Heaven!!
Cale LOL, I can just hear ya now
macias0 has entered DayTrading Chat
JQ LOL
Scott-ST Moderator: wb macias
JQ Calebo how many points today?
Cale - 1 point
Cale a bit pissed at myself
Cale was up 4 points and over traded
JQ how many did you have?
Cale how may trades?
JQ 4 points would be a great daily goal!!
Cale It is, but i wanted 2 more
Cale Greeeeeeedy
JQ LOL
JQ I have told you before that is a deadly SIN!!!
JQ LMAO
Cale yes sir
Cale I know better also
JQ I still bet you are looking for a short?
JQ Eye Of The Tiger how about the Q's Today?
Cale nope, note right now
Scott-ST Moderator: not so well on the Q's
Scott-ST Moderator: down .3 %
JQ That is the first time I have seen back to back trades stopped
Scott-ST Moderator: what do you mean?
JQ first two trades this am?
Scott-ST Moderator: oh, on the Q's
Scott-ST Moderator: right
JQ yapper
Scott-ST Moderator: DOW UP 65
Scott-ST Moderator: NAZ UP 18
JQ what are we looking for longs?
Scott-ST Moderator: S&P UP 11
Scott-ST Moderator: here we go, higher highs
JQ VDSI
JP ISRG at new highs
Cale VSDI is so last week
JQ lol
JQ extended
JQ no good stop
Scott-ST Moderator: stop isnt too bad
JQ AKAM
Scott-ST Moderator: a bit wide
JQ trying to consolidate
JQ VDSI
anatta VCLK this stock moves!
Scott-ST Moderator: becareful
anatta I'm not in it - just looked at the chart.
JP FSLR new highs
Scott-ST Moderator: nice Flag pattern onthe Daily
Scott-ST Moderator: and then today the breakout
anatta JASO
Scott-ST Moderator: Alright Gang one Hour Left in the Trading day, watch your positions
Scott-ST Moderator: taking 1/2 here at .65
Scott-ST Moderator: moving stop to entry
JQ I just figured out Lizzy and Brobro disappeared on the same day and we haven't seen hide nor hair of either one since...WTF!!!!
Scott-ST Moderator: ?
Scott-ST Moderator: LOL
JP has logged out
JQ Great Scott aka Eye Of The Tiger we are DONE!!
Scott-ST Moderator: we are
Scott-ST Moderator: thats a wrap for the day
JQ Ok laters GANG...Ineed to Go Rest This Chicken Fried Steak!!!
Cale later tater
Cale bye everyone
Cale has left the room
JQ has logged out
Scott-ST Moderator: take care JQ Cale
Scott-ST Moderator: CANCEL ALL ALERTS FOR TODAY