
**********************************************************
********** Good Morning Everyone
********** Wednesday August 1st, 2007
**********
********************************************************************
Jen I hope we get to play HWCC
Cale has entered DayTrading Chat
Cale has logged out
Cale has entered DayTrading Chat
JQ Cale had enough
Ricky has entered DayTrading Chat
Cale gm gm gm
Cale wait for me I am here
JQ GM Dinddong
Scott-ST Moderator: gm Drew, Cale, Ricky
Ricky gm
tc FEIC ???
Scott-ST Moderator: right in the gap from a gap down
Scott-ST Moderator: double points for tc
JQ good trader eye tc
Jim has entered DayTrading Chat
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: let the dust settle, and welcome to Summer Trading...
Tony has entered DayTrading Chat
Scott-ST Moderator: gm Tony
Tony has left the room
Tony has entered DayTrading Chat
Scott-ST Moderator: Good Morning HTCH 22.31
Scott-ST Moderator: Good Morning HTCH 22.31
Scott-ST Moderator: Good Morning HTCH 22.31
Tony gm
JQ lol
JQ AMZN
papertrader6475 is that an entry price on htch long
Jen yes, when it gets there
sl has entered DayTrading Chat
nm has entered DayTrading Chat
Jen suggest entry using arca market not a limit order
Scott-ST Moderator: GM sl nm
nm gm
Scott-ST Moderator: Markets strong this morning, see if it holds
Scott-ST Moderator: Nearing a major resistance area
Scott-ST Moderator: Watching for Type B Short at new low of the day on AMZN 77.24
Scott-ST Moderator: Watching for Type B Short at new low of the day on AMZN 77.24
Scott-ST Moderator: Watching for Type B Short at new low of the day on AMZN 77.24
Scott-ST Moderator: AMZN is a very risky play
nick grmn
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short AMZN 77.24
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short AMZN 77.24
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short AMZN 77.24
Scott-ST Moderator: UPDATE: Moving stop on AMZN 78.16
Scott-ST Moderator: UPDATE: Moving stop on AMZN 78.16
Scott-ST Moderator: UPDATE: Moving stop on AMZN 78.16
Scott-ST Moderator: UPDATE: Moving stop on AMZN 77.98
Scott-ST Moderator: UPDATE: Moving stop on AMZN 77.98
Scott-ST Moderator: UPDATE: Moving stop to entry AMZN
Scott-ST Moderator: UPDATE: Moving stop to entry AMZN
Scott-ST Moderator: UPDATE: Moving stop to entry AMZN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AMZN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AMZN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AMZN
Scott-ST Moderator: that is a in the gap play
Ricky ty
Amlo NIce one...
Jen beautiful call Scotty
Cale nice call Scotty Scott
Scott-ST Moderator: good job gang
Scott-ST Moderator: waiting for a pull back or a surge down to short the Q's
Scott-ST Moderator: need to get away from that big green candle
Jen GRMN valid HOD?
Jen don't tell me, no good stop yet
Scott-ST Moderator: looks valid Jen
Scott-ST Moderator: stop is a bit wide but not too bad
Scott-ST Moderator: Watching for Type B Buy at new high of the day on GRMN 93.19
Scott-ST Moderator: Watching for Type B Buy at new high of the day on GRMN 93.19
Scott-ST Moderator: Watching for Type B Buy at new high of the day on GRMN 93.19
Scott-ST Moderator: Okay, Who wants to short AKAM???
Cale WOW
JQ Sic'em!!
Cale agaiN?
Jen memememememe
Scott-ST Moderator: [img id=em-0] CRAZY
Scott-ST Moderator: [img id=em-4] Klazy
JQ Clazy
JQ lol
Jen you afraid of a couple big red candles are ya?
JQ Gm Kenbo!
Scott-ST Moderator: lol
Jen good, you should be!
Scott-ST Moderator: ouch on QLGC also
JQ need a bandaid?
Jen FEIC short LOD?
Scott-ST Moderator: Watching for Type B Short at new low of the day on HTCH 20.91
Scott-ST Moderator: Watching for Type B Short at new low of the day on HTCH 20.91
Scott-ST Moderator: Watching for Type B Short at new low of the day on HTCH 20.91
Scott-ST Moderator: NBIX getting close
macias0 has entered DayTrading Chat
Scott-ST Moderator: Short the Q's here at .15
Cale JQ, 18 Points on the Futures
Scott-ST Moderator: OMG Cale, nice Trade
Scott-ST Moderator: HTCH close
JQ WTF!!!!!!!
marcusid Scott: I I just subscribed to this room. I missed all the trades today because I don't get any audio. I have no idea why, my settings look good.
Scott-ST Moderator: CANCEL GRMN LONG
Scott-ST Moderator: I ONLY have the beeps there is no voice
JP Go to options------>
JP make sure the "new message" field is set to ding or one of the audio options.
Scott-ST Moderator: marcusid, do you hear the beeps?
Scott-ST Moderator: ty JP
papertrader6475 what is a type b short on hitch
Jen do you typically hear sound on your computer on other occasions?
Scott-ST Moderator: Watching for Type B Short at new low of the day on FEIC 26.74
Scott-ST Moderator: Watching for Type B Short at new low of the day on FEIC 26.74
Scott-ST Moderator: Watching for Type B Short at new low of the day on FEIC 26.74
marcusid I hear only clicks, maybe annoying navigation which I tried to shut off per your sites reccomendations. I don't get any other audibles to alert me.
Jen laptop or desktop computer?
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short FEIC 26.74
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short FEIC 26.74
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short FEIC 26.74
nick stop on q's?
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short HTCH 20.91
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short HTCH 20.91
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short HTCH 20.91
Scott-ST Moderator: 47.79 STOP ON THE Q'S
Ricky how about the stops for HTCH and FEIC?
Scott-ST Moderator: HOD for now
Scott-ST Moderator: UPDATE: Moving stop on FEIC 27.15
Scott-ST Moderator: UPDATE: Moving stop on FEIC 27.15
Scott-ST Moderator: UPDATE: Moving stop on FEIC 27.15
Scott-ST Moderator: UPDATE: Moving stop on HTCH 22.03
Scott-ST Moderator: UPDATE: Moving stop on HTCH 22.03
Scott-ST Moderator: UPDATE: Moving stop on HTCH 22.03
papertrader6475 htch long didnt trigger
Scott-ST Moderator: CORRECT
papertrader6475 thanks
Scott-ST Moderator: the Short did
papertrader6475 ok
Ricky Scott, are you keeping the long open for HTCH? Could be a bit of a bruise if it triggered.
Scott-ST Moderator: Watching for Type B Short at new low of the day on IACI 28.14
Scott-ST Moderator: Watching for Type B Short at new low of the day on IACI 28.14
Scott-ST Moderator: Watching for Type B Short at new low of the day on IACI 28.14
Scott-ST Moderator: Yes Ricky
Scott-ST Moderator: no your right not a good setup if it triggers
Scott-ST Moderator: CANCEL HTCH LONG
Amlo has logged out
JQ RANGE
Amlo has entered DayTrading Chat
Scott-ST Moderator: wb Amlo
JQ Ok kicking HTCH in the Crystals!
Scott-ST Moderator: Marcus, did you get your sound working?
JP GRMN lod?
Cale ouch look at my SNDK
Scott-ST Moderator: yep looks good JP
JQ Painful Ethel
Scott-ST Moderator: Watching for Type B Short at new low of the day on GRMN 89.03
Scott-ST Moderator: Watching for Type B Short at new low of the day on GRMN 89.03
Scott-ST Moderator: Watching for Type B Short at new low of the day on GRMN 89.03
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short GRMN 89.03
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short GRMN 89.03
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short GRMN 89.03
Scott-ST Moderator: I know that was fast
JQ zoom-zoom!!
Scott-ST Moderator: UPDATE: Moving stop on GRMN 90.45
Scott-ST Moderator: UPDATE: Moving stop on GRMN 90.45
Scott-ST Moderator: UPDATE: Moving stop on GRMN 90.45
Jen what's the market look like Scotty? Coming off oversold?
Scott-ST Moderator: Markets are coming off of oversold, Stocchastics pointing up, but we are right in range from the opening
Scott-ST Moderator: Intra day Trend is down but we have an up momentum
Scott-ST Moderator: its a two sided trading day so far
Jen wow, 5 min chart on HTCH, scares me
peterl has logged out
peterl has entered DayTrading Chat
Cale OMG, dude, futures CRAZY
JQ Get on the Bat Phone quick!!
Jen has logged out
Mike22 has logged out
Cale Jen had enough
Cale Mike had enough
Batwoman & Catgirl has entered DayTrading Chat
JQ brh
Cale or Jen is on the Bat phone
Scott-ST Moderator: LOL
JQ LOL
Mike22 has entered DayTrading Chat
JQ Which suite are you in??
Scott-ST Moderator: wb Mike
Batwoman & Catgirl dyslexic bat phone
Batwoman & Catgirl both, so very uncomfortable! With a woodpecker hat
JQ LMAO
Scott-ST Moderator: [img id=em-10] LMAO
Cale Jen!!!
Batwoman & Catgirl yes sir Cale?
Cale your in a good frame of minde today
Mike22 I never have enough cale!
JQ puuuuurfect!!!!!!
Batwoman & Catgirl absolutely!
Cale lol
Cale Spelling Lesson please
JQ Calebo to stop this thing you may have to put your speed-o on!!
Cale brain = mind right?
Batwoman & Catgirl ??? I guess......
Cale your in a good frame of "BLANK" fill in the blank with the correct spelling
Batwoman & Catgirl mind...
Cale The human consciousness that originates in the brain and is manifested especially in thought, perception, emotion, will, memory, and imagination.
Cale ty Jen
Batwoman & Catgirl allllrighty then..............
Cale [img id=em-0]
Batwoman & Catgirl the market just doesn't have the commitment it had the last handful of days.
JQ Calebo stop messing with Jen ...WTF wrong with you she is DOUBLE Suited!!!!!!!
Batwoman & Catgirl and that makes me cranky
Cale sorry sorry sorry
JQ LOL
Cale I can only imagen
Batwoman & Catgirl imagine
Batwoman & Catgirl I'm buying you a dictionary for Christmas
Cale ty Jen
JQ Do you have your Speed-O ON?
Cale I have nothing on, just the opposite as Jen
Batwoman & Catgirl I hope you don't look like that guy on the Fidelity commercial
Cale I killed the markets today in the Futures, so I am .......
Batwoman & Catgirl RICH?!?!
JQ OKTHENAREYOUINTHEHOTTUB!!!!
Cale we...................
Cale OOOOOOooooooommmmmmmmmmmmmmmm......................
peterl has logged out
Batwoman & Catgirl look what you did now, scared peter out of the room!
peterl has entered DayTrading Chat
JQ That is Calebo in the Commercial!!!
Scott-ST Moderator: wb peter
peterl nope, connextion went down..
Cale LOL, doh, you have found me out
JQ Don't call him Dingdong!!
Batwoman & Catgirl peter, hit the back button when that happens next time and you shouldn't have to sign back in
Batwoman & Catgirl Cale, I somehow pictured you taller and um...balder
JQ LMAO
Cale huh??
Cale balder?
peterl thx, tried that - got the chat back but not the alert list..
Cale OMG, balder?
JQ No that's Me JEN!!!!
Batwoman & Catgirl oh, sorry!
Cale FYI, I have a very full head of heair Batwoman
Batwoman & Catgirl oh, pardon
Cale GRRRRR
Batwoman & Catgirl that's my line
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in TRMN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in TRMN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in TRMN
Ricky ty
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in GRMN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in GRMN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in GRMN
Cale LOL, yes Thank you Scotty Scott
JQ G.Scott-1
Scott-ST Moderator: LOL, lost track of that one
Ricky Did you develp a lisp? I can understand if you lived where i live.
Mike22 nice start!
Batwoman & Catgirl another nice call Scotty
Scott-ST Moderator: ty ty Batwoman
Batwoman & Catgirl you mean Cale Ricky?
Ricky Meant Scott, TRMN
Batwoman & Catgirl any edits to the HTCH stop?
JQ Batgirl tearing Calebo's A S S UP!!!
Ricky That one is going to hurt
Scott-ST Moderator: Watching for Type B Short at new low of the day on YHOO 22.99
Scott-ST Moderator: Watching for Type B Short at new low of the day on YHOO 22.99
Scott-ST Moderator: Watching for Type B Short at new low of the day on YHOO 22.99
Ricky HTCH that is.
Batwoman & Catgirl just teasing my friend
JQ He is thinking hard right NOW...JEN!!
Batwoman & Catgirl be careful on YHOO folks, it can be a stinker to trade
Batwoman & Catgirl his silence is deafening....
Cale So true Jen
Cale that and BIDU
Cale whats the other one Jen?
Batwoman & Catgirl ESLR, AAPL, etc. Did you have a different one in mind?
Scott-ST Moderator: getting close on YAHOO
Scott-ST Moderator: NBIX will not give it up at all
Batwoman & Catgirl I see October support on YHOO at 22.65
bigb has entered DayTrading Chat
peterl I actually got in NBIX , short at 10.35..
Scott-ST Moderator: plus its very OverSold
Scott-ST Moderator: getting in Early huh Peter, good job
peterl accident...
Cale OMG nother run down on the Futures
peterl but nice so far
Cale are you using a trailing stop peter?
peterl yep. I should bail out now tho..
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short IACI 28.14
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short IACI 28.14
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short IACI 28.14
Scott-ST Moderator: UPDATE: Moving stop on IACI 28.56
Scott-ST Moderator: UPDATE: Moving stop on IACI 28.56
Scott-ST Moderator: UPDATE: Moving stop on IACI 28.56
Ricky Thanks for a speed suggestion on stop
Scott-ST Moderator: [img id=em-8]
Scott-ST Moderator: if i dont give a stop right away use the HOD or LOD
Batwoman & Catgirl Cale, a little ommmmmmmmmmmmm for IACI
Cale OOOooooooooommmmmmmmmm.............
Ricky The one time i listed to you on that, well, HTCH
Ricky Usually i limit the stop at 1.5
Scott-ST Moderator: thats good Ricky, stick with your plan, and what works for you
Ricky %
Scott-ST Moderator: Use this service as a guide line and go from there
Scott-ST Moderator: every trader has her/his own way and comfort level of trading
Scott-ST Moderator: AKAM LOD
Batwoman & Catgirl and, when in doubt, get out
Cale oh, so True
Cale dont turn a bad trade into a trade that will not let you trade again
Cale manage your capital
Cale Stick with your stops
Batwoman & Catgirl IACI trading tight with the market which looks ready to take out the LOD
Scott-ST Moderator: Markets working on Lower Lows
Scott-ST Moderator: Trend is down
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short YHOO 22.99
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short YHOO 22.99
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short YHOO 22.99
Scott-ST Moderator: UPDATE: Moving stop on YHOO 23.28
Scott-ST Moderator: UPDATE: Moving stop on YHOO 23.28
Scott-ST Moderator: UPDATE: Moving stop on YHOO 23.28
Scott-ST Moderator: DOW UP 13
Scott-ST Moderator: NAZ UP 14.9
Scott-ST Moderator: DOWN
Scott-ST Moderator: DOW DOWN 13
Scott-ST Moderator: NAZ DOWN 15
Scott-ST Moderator: S&P DOWN 4.29
Batwoman & Catgirl scared me for a minute
Cale WOW check that out the NAS was down more then the DOW
peterl I have the same issue with left and right.
Cale whats that tell ya
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL AFTER THE LUNCH HOUR
Scott-ST Moderator: I will start to scan for type C's here in about 30 min
Batwoman & Catgirl those not already open for the new folks
Scott-ST Moderator: should find some good ones
Scott-ST Moderator: right, if its open we keep it open
peterl thx.. B&C
Scott-ST Moderator: and type A's are still valid
Batwoman & Catgirl and type A's can trigger during lunch time
Scott-ST Moderator: LOL B&C like that
Cale can a bat and a cat play nicly together?
Batwoman & Catgirl sure....but more fun for the cat I think
Cale LOL, I would think so
Scott-ST Moderator: Any Questions Gang?
nick hey scott, whats your target on the q's?
Scott-ST Moderator: looking for 46.80
Scott-ST Moderator: right now we are at break even for the Q's
Scott-ST Moderator: the internals for the markets are looking weak
peterl Scot - where can I read up on what yr Type a/b/c plays are..
Cale go Short and Stay short, kinda thing
Scott-ST Moderator: the best place is the videos
Scott-ST Moderator: but you can go here http://www.swingtrades.com/daytrading.htm
peterl tx.
Scott-ST Moderator: lower Lows for the market
peterl has logged out
peterl has entered DayTrading Chat
JQ had enough
JQ laters GANG
Scott-ST Moderator: take care JQ
Scott-ST Moderator: have a good day
Scott-ST Moderator: be back Later?
Cale JQ you cant leave yet
bigb man i think you might hit target on all 4 of those.......dont trade any stocks and not sure where any of the prices currently stand but market doesnt look good
Cale hey BigB
JQ Golf my brother
bigb hey cale
bigb golf was my plan until it started raining
Ricky JQ, did you get in HTCH?
JQ yapper
Cale cool
Ricky I'm usually out by 8:00am my time but now i have to work overtime.
Cale BIGB 22 points in the market
JQ have a good one GANG
JQ has logged out
Cale later brobo
bigb 22 points.....sweeeet
Batwoman & Catgirl HWCC finally coming down to LOD
Cale its so Crazy
bigb that is awesome
Batwoman & Catgirl but of course we're not trading this time of the day
Scott-ST Moderator: but of course
Scott-ST Moderator: DOW DOWN 35
Scott-ST Moderator: NAZ DOWN 22
Scott-ST Moderator: S&P DOWN 7
Scott-ST Moderator: BRB GANG
Scott-ST Moderator: STOPPED Consider exit in FEIC
Scott-ST Moderator: STOPPED Consider exit in FEIC
Scott-ST Moderator: STOPPED Consider exit in FEIC
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short NBIX 10.01
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short NBIX 10.01
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short NBIX 10.01
Cale hey Big you doing okay?
Scott-ST Moderator: Any Questions?
Scott-ST Moderator: I will start Scanning for the C's now
bigb ya not trading much yet
bigb very volatile day
Cale VERY is right
Cale lost 5 points
Cale now I am net +17
Ricky no kidding
bigb were in a very large range so your stops would be very large
bigb not my ideal trading environment
Cale lol
ddj has logged out
Cale what do you have as Pivot?
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NBIX
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NBIX
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in NBIX
Cale nice type A again Scotty Scott!!
Scott-ST Moderator: ty
Ricky ty
ddj has entered DayTrading Chat
bigb pivot at 1470.9
Cale i have 1471.17
Cale so not too far off
Ricky Cale, what do you mean by net +17
Cale I have made 17 points trading the futures this morning
Cale was up 22 points but over traded
Cale now I closed my platform
Cale so I will keep my profits for the day
Ricky Got it. Thanks.
Ricky th Q's?
Cale no, tradint the S&P e-Miin
Mike22 gj cale. I'm just shy of 40 pts. (only smaller emini dow pts)
bigb i trade both
Cale you trade the YM big?
tc has logged out
bigb some days
Cale nice
Ricky Boy, some people are so lucky to be born with smarts.
Scott-ST Moderator: Watching for possible Type C Buy on AMTD 16.27
Scott-ST Moderator: Watching for possible Type C Buy on AMTD 16.27
Scott-ST Moderator: Watching for possible Type C Buy on AMTD 16.27
Scott-ST Moderator: LOL, Ricky
Scott-ST Moderator: you have the smarts
Ricky just this morning, but i took Peptobismal and now they're gone.
Scott-ST Moderator: lol
Cale Ricky
Scott-ST Moderator: DOW UP 22
Scott-ST Moderator: NAZ DOWN 9.41
Scott-ST Moderator: S&P B/E
Scott-ST Moderator: AMTD moving up
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMTD 16.27
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMTD 16.27
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMTD 16.27
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMTD 16.27
Scott-ST Moderator: UPDATE: Moving stop on AMTD 16.08
Scott-ST Moderator: UPDATE: Moving stop on AMTD 16.08
Scott-ST Moderator: UPDATE: Moving stop on AMTD 16.08
papertrader6475 has logged out
Mike22 brb
Mike22 has left the room
Scott-ST Moderator: remember AMTD is a type C
Drew has left the room
Scott-ST Moderator: Lots of Range and Chop in the Markets
Scott-ST Moderator: and we are in the Lunch
Cale Whats for Lunch, Gang?
Cale I just finished a Bagel
Cale but I am still hungry
Batwoman & Catgirl yogurt
Cale plane?
Batwoman & Catgirl no, not PLAIN, peach
Mike22 has entered DayTrading Chat
Cale plain
Cale LOL
Cale ty Hen
Cale Jen
Cale Hen = Jen
Batwoman & Catgirl as in hen pecked?
Cale plain plane why does the English Language do that?
Cale I so Hate that
Scott-ST Moderator: that is so wierd
Scott-ST Moderator: err Weird
bigb getting quite a move in market
Scott-ST Moderator: Markets are starting to run up
Cale quiet or quiet ?
Ricky has logged out
Cale +5 points on just this trade
Ricky has entered DayTrading Chat
Scott-ST Moderator: nice Job Cale
Ricky Scott, would you like to improve today's performance totals by 1%, in less than a minute?
Scott-ST Moderator: sure
Ricky Update your chart on NBIX.
Scott-ST Moderator: LOL, thanks so much Ricky
bigb lol nice ricky
Cale heheh
Scott-ST Moderator: STOPPED Consider exit in HTCH
Scott-ST Moderator: STOPPED Consider exit in HTCH
Scott-ST Moderator: STOPPED Consider exit in HTCH
Scott-ST Moderator: STOPPED Consider exit in YHOO
Scott-ST Moderator: STOPPED Consider exit in YHOO
Scott-ST Moderator: STOPPED Consider exit in YHOO
Scott-ST Moderator: STOPPED Consider exit in YHOO
Scott-ST Moderator: Markets at a new HIGH
Scott-ST Moderator: remember we are in the Lunch hour and its hard to trade this
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AMTD
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AMTD
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AMTD
Ricky ty
bigb markets trading just under their pivots
Cale Kinda did the same thing as yesterday
Mike22 vitamin C win... everything helps.
Scott-ST Moderator: Markets are oversold
peterl at least my AAPL is recovering..
Cale and my SNDK is coming back
peterl and my oil and gas, metals
Mike22 nice bounce in AAP peterl.
Mike22 AAPL
Scott-ST Moderator: nice bounc in the markets
Scott-ST Moderator: AMTD hod
Mike22 shorts getting out?
peterl yeah, I bought long yesterday.. thoght it would beat the trend..
Ricky Okay Scott, sound that alarm so that i can take off.
Mike22 see the range in BZH....wow
Scott-ST Moderator: which one?
Scott-ST Moderator: IACI?
Ricky IACI
Scott-ST Moderator: STOPPED Consider exit in IACI
Scott-ST Moderator: STOPPED Consider exit in IACI
Scott-ST Moderator: STOPPED Consider exit in IACI
Scott-ST Moderator: not sure what happened, the alerts just froze
Ricky There you go. Looking forward to tomorrow.
Scott-ST Moderator: [img id=em-8]
Scott-ST Moderator: ty Ricky
Scott-ST Moderator: taking off?
Scott-ST Moderator: have a good evening
Ricky I'm in San Francisco, so it's still morning.
Scott-ST Moderator: LOL
Ricky has logged out
Scott-ST Moderator: DOW UP 73
Scott-ST Moderator: NAZ UP 4.28
Scott-ST Moderator: S&P UP 5.97
Cale Big, you around?
bigb yeah
Cale down the rest of the day from here?
Cale not going to trade it but I am going to make that my guess
nick scott, what do you think?
bigb hard to say during a lunch move like this. could be, was a weak test of the pivot
Scott-ST Moderator: about the market direction?
bigb would i trade it...no
nick yep
peterl you would have thought the awful ADP non farm figs would have dampened the markets... or is that just my currency bias?
nick throw a dart?
Scott-ST Moderator: I agree, I dont see enough Strength or conviction in the markets
nick came up just enough to hit our stops
Scott-ST Moderator: we may see some more choppy/range trading then it will break one way or the other
Scott-ST Moderator: dont let the Lunch trading fool you
bigb markets love to take out stops and then move back the other way
Scott-ST Moderator: exactly
nick yep
nick missed the q stop by a penny
Scott-ST Moderator: lol
Scott-ST Moderator: Markets working down again, back into recent trading range
Scott-ST Moderator: we are rolling out of lunch
Scott-ST Moderator: Markets are coming off of over sold area
Scott-ST Moderator: Hard one to pick from here
bigb it really is.....right in the middle of range
Scott-ST Moderator: Markets now in the RED
bigb this is why i just dont want to trade today
bigb cant make up its mind
Charlie has entered DayTrading Chat
Scott-ST Moderator: ga Charlie
Charlie hi Scott
Scott-ST Moderator: lol Understand BigB
Cale I only traded the premarket and a few hours in the market session
Cale looking to go short here soon
Cale need to see a breakdown and then may take the 2nd break
Scott-ST Moderator: Watching for Type B Buy at new high of the day on HTCH 22.72
Scott-ST Moderator: Watching for Type B Buy at new high of the day on HTCH 22.72
Scott-ST Moderator: Watching for Type B Buy at new high of the day on HTCH 22.72
Cale shorted 57.25
Cale another 7 points
nick this could get ugly this afternoon
Scott-ST Moderator: its my guess nick, but just a guess
bigb i need to see it break the low before im convinced
Cale flat
Cale took 4 points
Scott-ST Moderator: in that one Bar Cale
bigb there are still buyers in this market
bigb have to be careful in either direction
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy HTCH 22.72
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy HTCH 22.72
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy HTCH 22.72
bigb i still hear paper trading in both directions
bigb when i hear them take a stand then maybe ill enter a trade
Scott-ST Moderator: UPDATE: Moving stop on HTCH 22.47
Scott-ST Moderator: UPDATE: Moving stop on HTCH 22.47
Scott-ST Moderator: UPDATE: Moving stop on HTCH 22.47
Scott-ST Moderator: UPDATE: Moving stop to entry HTCH
Scott-ST Moderator: UPDATE: Moving stop to entry HTCH
Scott-ST Moderator: UPDATE: Moving stop to entry HTCH
Scott-ST Moderator: Not going to risk anything here gang
Scott-ST Moderator: Scale out with profits in your favor on HTCH
Scott-ST Moderator: dont always have to wait for that magic 1%
Cale Took 22.93
Cale thanks Scott!!
Cale might suggest taking 1/2 and letting the rest run
Cale seems to be a strong stock
Cale kinda wish I did that
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in HTCH
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in HTCH
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in HTCH
Cale nice call Scott
Scott-ST Moderator: ty
Scott-ST Moderator: good trading Cale
Scott-ST Moderator: seems to be the only stock Running up
Cale Short again BigB, I think I am just getting Greedy
nm great call on HTCH
bigb im looking on the short side but need to see it come down some more
Scott-ST Moderator: ty nm
Scott-ST Moderator: did ya get some?
Cale it keeps wanting to run up but then gets pulled right back down
Cale flat -3 points, grrr
bigb its chopping all over the place
bigb bringing it back to 87
bigb the year 1987 that is in terms of volatility this many days in a row
Cale lol
Cale I was like 87, what the Hell number is that?
nick was that before black monday
bigb haha
bigb ya i figured no one knew what i meant
bigb tried to clear it up
Tony has left the room
bigb im trading at about 1/10 the size i usually do
Cale wow so only 25 contracts
bigb haha
bigb nooooo way
Cale oh, so really only 5 contracts?
bigb exactly
bigb my stops are too large
Cale understant
bigb on the ym my stops are about 50 points right now
Cale huh?
Cale 50 ticks?
Cale isnt a point = 1 dollar?
bigb 5 dollars
Cale one point is 5 dollars?
bigb ya
Cale so 50 points = 250 dollars?
bigb yup
Cale gulp
bigb ya exactly why i am reluctant to trade......who the hell wants to lose 50 points a car
PAPERTRADER6475 has entered DayTrading Chat
Cale exactly
Mike22 bigb - 50 pts stop loss on e-mini dow?..
bigb ya, dont like it
bigb thats too account for the volatility
bigb to
Cale you like the ym bettern then the ES?
Cale I used to like the ER
bigb no
bigb they both have their benefits
Mike22 I keep use a 3-min chart on the YM with Keltner channels ..gives me tighter stops.
bigb at times there is a trade on the ym that i dont see on the es
Mike22 of course I get stopped more, but less risk.
Scott-ST Moderator: Markets are sitting right around yesterdays LOD
bigb i do too mike but on days like this its easy to get stopped
Cale so a tick is worth $1?
bigb if we break 293 here on the ym i may go long to get some on the panic
Cale i am looking at my YM Dome
bigb no each tick is $5, it only moves in point increments
Cale ant its at 1322
Cale err 13262
bigb now im looking on the short side
Cale like the ES is $.25 = one tick
bigb i cant get any conviction either way right now
Cale I am so over trading
Cale i need to close my platform again
nm I shorted HTCH at 23.15
Scott-ST Moderator: yep, good setup nm
Scott-ST Moderator: good trade
nm thx
Scott-ST Moderator: Watching for Type B Short at new low of the day on ETFC 17.24
Scott-ST Moderator: Watching for Type B Short at new low of the day on ETFC 17.24
Scott-ST Moderator: Watching for Type B Short at new low of the day on ETFC 17.24
Cale so is 420 contracts a bit high for a day?
Cale LOL
Scott-ST Moderator: as long as you are making more then the fees
Scott-ST Moderator: DOW UP 3
Scott-ST Moderator: NAZ DOWN 11
Scott-ST Moderator: S&P DOWN 5
Scott-ST Moderator: VERY CHOPPY here at the opening range
Scott-ST Moderator: I got my 2 points in the futures as am happy with that
bigb nice scott
Scott-ST Moderator: i cant imagine being in this right now
Cale i know, I am short and down 1 point onthis trade
Cale grrrr
Cale just need to stop
bigb the tape action is crazy right here
Mike22 difficult futures trading today so far.
Mike22 Waiting for a panic tank like the past few days.
Cale I made all my coin in premarket and the 1st 2 hr
Cale now I am up then down then up then down
Cale may not see a panic sell off near the end today
Cale needs to break the 51 area
Cale 1451
Mike22 I see Cale. tls
Cale ? tls ?
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ETFC 17.24
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ETFC 17.24
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ETFC 17.24
Mike22 tls = tks = thanks Cale (Scott fingers today)
Scott-ST Moderator: UPDATE: Moving stop on ETFC 17.43
Scott-ST Moderator: UPDATE: Moving stop on ETFC 17.43
Scott-ST Moderator: UPDATE: Moving stop on ETFC 17.43
Scott-ST Moderator: Watching for Type B Short at new low of the day on PLCE 32.21
Scott-ST Moderator: Watching for Type B Short at new low of the day on PLCE 32.21
Scott-ST Moderator: Watching for Type B Short at new low of the day on PLCE 32.21
Cale HERE WE GO
Cale looking for 2 pt
PAPERTRADER6475 has logged out
Cale any News this Afternoon?
Scott-ST Moderator: Motor Vehicle Sales at 4:00
Cale oooo a real market mover!!
nick lol.. that was funny cale
Cale I like to bust Scotty Scotts Mellons every so often
nick good stuff
Scott-ST Moderator: [img id=em-1]
Cale heheh
Cale here we go!!
Cale looking for a breakdown of 1451
Cale oh yes
Cale WHO'S YOUR DADDY
Scott-ST Moderator: LOL, nice call CAle
Cale ty ty
bigb the es needs to break 49 to push out some stops
Cale okay I will make a call
bigb im sure theres is quite a few stops there right below the lod
Cale Big, have you ever heard of the SquackBox service?
bigb ya listen to it sometimes
Cale do you subscrib to a service?
bigb www.tradersaudio.com
bigb has logged out
bigb has entered DayTrading Chat
Cale wb
peterl has logged out
Cale you like them?
peterl has entered DayTrading Chat
Scott-ST Moderator: wb Peterl
peterl connection issue , isp prob thinks i'm doing torrents
bigb its alright but rather listen to some music then an auctioneer when i trade
bigb not sure how much it helps but every trader is different
Cale I guess the question is, is it worth it permonth?
Jim has logged out
bigb i dont think so but some must like it
bigb it can give you a feel of the pit but just another distraction to me
bigb they have a free trial
Cale I dont like free trials unless I know 100% what I am looking at
Cale dont want to wast a trial for just learning
bigb understand
Scott-ST Moderator: anyone have any Questions?
Scott-ST Moderator: Comments?
Scott-ST Moderator: Guesses where the Market will endup?
Scott-ST Moderator: looking RED right now
Scott-ST Moderator: DOW DOWN 20
Scott-ST Moderator: NAZ DOWN 19.87
Scott-ST Moderator: S&P DOWN 9.19
Scott-ST Moderator: with a down momentum
Cale did you say 49.00 big??
Cale ther eya go
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ETFC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ETFC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ETFC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ETFC
bigb yup
nm yipppee
bigb out at 2 points
Cale NICE
Cale damn that felt good
peterl got it
Mike22 nice Scott. !
nick beauty
Cale think the PPT is coming in effect
Scott-ST Moderator: ty Mike, good job
Scott-ST Moderator: good job peter
bigb all of our trades made money there
anatta ty Scott
peterl thx scott
Scott-ST Moderator: [img id=em-8]
nm I also got more money out of HTCH on the short
Scott-ST Moderator: good tradeing nm
JP has logged out
nm wheww
Scott-ST Moderator: that was a weird bounce in the Market there
Cale yea down 10 back up 10
nm the last 3 days have been weird
Cale the PPT i would guess
peterl THats it for me tonight - and I do mean night. Thx Scott, interesting day .
Scott-ST Moderator: welcome peter
Scott-ST Moderator: good trading
Scott-ST Moderator: hope you learned a lot today
peterl yep kept up with all but 1 trade
peterl has left the room
nick last hour predictions?
Cale rush down
Scott-ST Moderator: we will not see a 100 point down though
nick i hope so
nm no tellin'
nm no trends here
Scott-ST Moderator: CANCEL ALL ALERTS FOR TODAY
Scott-ST Moderator: good Trading Gang
nm take care all..bye
Cale you Short NOW BigB?
Scott-ST Moderator: later nm
nm has logged out
bigb yes reshorted at 51
Cale very nice
bigb target is 46
Cale 30 contracts?
bigb 10
bigb im out
Cale lol
bigb flat +5
Cale nice trace
Cale trade
Cale so easy for summer trading
Cale Think we will see any short covering?
bigb we could
Scott-ST Moderator: may see a bit, but not too much
bigb im not risking it either way
bigb im done now
Scott-ST Moderator: might bring the markets back up some
Cale me too BIGB
Cale closed the trading platform
bigb i waited till the end of the day until i saw the trades i liked
bigb 2 trades, up 7 points
Scott-ST Moderator: EFTC STILL lod
bigb over trading on days like this will kill you
Cale 7 points is awesome for August Trading, dont ya think?
bigb 2 points is good
Cale LOL
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