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The Power of 2% Chat Transcripts


08/06/07 Chat Session



**********************************************************
********** Good Morning Everyone
********** Monday August 6th, 2007
**********
********************************************************************
tc the only thing I see with a chance is CRNT, Scott
kami has logged out
kami has entered DayTrading Chat
fa88 gm Scott and all, How about FTEK?
Scott-ST Moderator: yep little gap up tc
Scott-ST Moderator: FTEK is right in recent tradng range
Scott-ST Moderator: here is my to Watch List: VTAL SMMX TUES FOSL CORS PLCE ACLI MNST QLGC ETFC SYMC
nick has entered DayTrading Chat
Scott-ST Moderator: gm nick
nick gm
fa88 thanks
Amlo has entered DayTrading Chat
Scott-ST Moderator: gm Amlo, fa88
Amlo gm to all
Scott-ST Moderator: today is a good day to watch the VIX
Cale has entered DayTrading Chat
Scott-ST Moderator: gm Cale
Cale Good Morning Scott, Good Mornng Everyone
papertrader6475 has entered DayTrading Chat
Scott-ST Moderator: GM papertrader
papertrader6475 good morning hope everyone had a nice weekend
papertrader6475 gm scott
Ricky has entered DayTrading Chat
Scott-ST Moderator: gm Ricky
fa88 ZOLT?
peterl quick qn for the exp traders - are you using market or limit orders to close out a position?
Cale JQ, your CWTR is still trending down
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Cale I use Market to exit
peterl thx
JQ GM Calebo
JQ GM G. SCOTT
Cale gm JQ
Scott-ST Moderator: Markets Opening higher
Scott-ST Moderator: Watching for Type B Buy at new high of the day on CRNT 19.53
Scott-ST Moderator: Watching for Type B Buy at new high of the day on CRNT 19.53
Scott-ST Moderator: Watching for Type B Buy at new high of the day on CRNT 19.53
Ricky That much?
Scott-ST Moderator: Watching for Type B Buy at new high of the day on CRNT 15.94
Scott-ST Moderator: Watching for Type B Buy at new high of the day on CRNT 15.94
Scott-ST Moderator: Watching for Type B Buy at new high of the day on CRNT 15.94
nm ??
Scott-ST Moderator: lol, just testing you
Scott-ST Moderator: want to see if your all awake or not
JQ I likey that!!!!!
Scott-ST Moderator: [img id=em-0] thats my story and I am stickig to it
JQ LOL
JQ SIRF when you can find a stop?
Scott-ST Moderator: my 5 min charts are very slow this morning
JQ VCLK
Scott-ST Moderator: Watching for Type B Short at new low of the day on SYMC 18.40
Scott-ST Moderator: Watching for Type B Short at new low of the day on SYMC 18.40
Scott-ST Moderator: Watching for Type B Short at new low of the day on SYMC 18.40
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SYMC 18.40
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SYMC 18.40
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SYMC 18.40
Scott-ST Moderator: UPDATE: Moving stop on SYMC 18.71
Scott-ST Moderator: UPDATE: Moving stop on SYMC 18.71
Scott-ST Moderator: UPDATE: Moving stop on SYMC 18.71
Scott-ST Moderator: Watching for Type B Short at new low of the day on QLGC 12.63
Scott-ST Moderator: Watching for Type B Short at new low of the day on QLGC 12.63
Scott-ST Moderator: Watching for Type B Short at new low of the day on QLGC 12.63
Scott-ST Moderator: Markets falling down from the open
JQ Damn I hate to push the wrong button
JQ in CRNT
Cale are you Long ?
JQ yapper
Cale ouch
Scott-ST Moderator: QLGC almost there
JQ It's in a nice uptrend on daily looks like I'm Swinging Bra!
Cale did you cover out JQ?
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short QLGC 12.63
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short QLGC 12.63
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short QLGC 12.63
Charlie has entered DayTrading Chat
Scott-ST Moderator: UPDATE: Moving stop on QLGC 12.76
Scott-ST Moderator: UPDATE: Moving stop on QLGC 12.76
Scott-ST Moderator: UPDATE: Moving stop on QLGC 12.76
Scott-ST Moderator: VERY Tight Stop on QLGC
JQ SIRF pulling back
Scott-ST Moderator: DOW B/E
Scott-ST Moderator: NAZ DOWN 9.12
Scott-ST Moderator: S&P DOWN 1.71
JQ NTAP on a pullback might be nice?
Scott-ST Moderator: THE VIX Ran up higher but starting to pull back
Scott-ST Moderator: WAIT
Scott-ST Moderator: Watching for Type B Short at new low of the day on HMY 11.78
Scott-ST Moderator: Watching for Type B Short at new low of the day on HMY 11.78
Scott-ST Moderator: Watching for Type B Short at new low of the day on HMY 11.78
Scott-ST Moderator: Watching for Type B Short at new low of the day on HMY 11.78
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short HMY 11.78
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short HMY 11.78
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short HMY 11.78
kami has logged out
kami has entered DayTrading Chat
Scott-ST Moderator: UPDATE: Moving stop on HMY 12.01
Scott-ST Moderator: UPDATE: Moving stop on HMY 12.01
Scott-ST Moderator: UPDATE: Moving stop on HMY 12.01
Scott-ST Moderator: High Risk Trade
Cale waiting for the other shoe do drop
Cale JQ still in CRNT?
Jim has entered DayTrading Chat
Scott-ST Moderator: gm Jim
Jim gm
JQ yapper
JQ NTAP setting up?
JQ SIRF
Scott-ST Moderator: stiop is still a bit wide on NTAP
Scott-ST Moderator: the setup for SIRF is just about right on, we will avoid for right now as the markets are very oversold
peterl go into HMY now? - didnt get on on yr alert
Scott-ST Moderator: shorting the Q's at 47.30
Scott-ST Moderator: yes Peter, we stand by all our open trades
Scott-ST Moderator: still in a down trend
peterl OK got in 11.78
Scott-ST Moderator: there goes SIRF down
Cale JQ< did you get into SIRF
Cale I missed my fill
JQ yapper
Cale jood Job
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in HMY
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in HMY
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in HMY
JQ GJ G. Scott
Cale nice call, and its going lower
Cale should have just kept 1/2
marcusid nice call on HMY wherever it goes!
JQ NTAP? stop better?
Scott-ST Moderator: wait for a better stop
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SYMC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SYMC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SYMC
Cale VERY NICE
Cale and shorting the Q's
Mike22 gj Scott !
peterl nice 1
Scott-ST Moderator: thanks Gang
Scott-ST Moderator: good trades
Jim has logged out
Cale QLGC almost there
JQ GJ G. Scott music is playing LOUD Bra!!!
Scott-ST Moderator: might consider scaling out of QLGC with profits in your favor
limey has logged out
Cale Limey had enough
limey has entered DayTrading Chat
JQ WB
limey No I had to log out to type
JQ brh
JQ lol
limey I was wanting to tell you all I got HMY at the first break 12.19 and the 2nd break with you guys
Scott-ST Moderator: Watching for Type B Short at new low of the day on PLCE 31.13
Scott-ST Moderator: Watching for Type B Short at new low of the day on PLCE 31.13
Scott-ST Moderator: Watching for Type B Short at new low of the day on PLCE 31.13
Scott-ST Moderator: sorry gang that was too fast
Scott-ST Moderator: we will not book that one
papertrader6475 should we still grab plce
fa88 great call on the Qs Scott
Scott-ST Moderator: so far so good
fa88 What's with all the orders going off at 38 on Level 2 of the Qs?
fa88 47.38
Scott-ST Moderator: not seeing that fa
fa88 can u see the 1 min candle chart
Scott-ST Moderator: I will be scaling out of the Q's at 47.02, will take 1/3
Scott-ST Moderator: stop is at entry
Scott-ST Moderator: SYMC lod
Scott-ST Moderator: I see those at 38 now fa
Scott-ST Moderator: not sure what those trades are
fa88 hmm..all those are for 10,000
Cale CROX taking a large DIP
JQ wtf?
JQ on Q's
Scott-ST Moderator: looks like the issue with the 38 on the Q's is overhead suply
JQ ppt at work?
fa88 overhead supply?
Scott-ST Moderator: Its hard to explan but have you ever noticed at the end of the day you see a huge trade way outside the market?
Scott-ST Moderator: overhead supply
fa88 y
Scott-ST Moderator: they are working on doing that durin the day
Charlie1 has entered DayTrading Chat
fa88 price manipulation!
Cale yep
Charlie has logged out
JQ LMAO 1% on CRNT
Cale nice trade, lukcy
Scott-ST Moderator: HWY still moving lower
Scott-ST Moderator: QLGC in a chop range
Cale CROX whats to close that gap
ddj has logged out
Scott-ST Moderator: CORS is setting up for a LOD short
Scott-ST Moderator: we will not issue the alert as we are very close to lunch
ddj has entered DayTrading Chat
Scott-ST Moderator: No Financial Advice
The information on the Trading Room 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 Trading Room 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
Scott-ST Moderator: wb ddj
ddj ty had to reboot
Cale nice morning
Cale I took entry on QLGC so I am flat right now
Cale JQ are you out of SIRF?
Scott-ST Moderator: we have an Intraday Down Trend in the Markets
Scott-ST Moderator: we should expect to see some choppy action for a bit
JQ yapper .27-.37
Cale good trading my friend
Scott-ST Moderator: DOW DOWN 16
Scott-ST Moderator: NAZ DOWN 15.50
Scott-ST Moderator: S&P 4.65
Scott-ST Moderator: Looks like Oil is moving down also
JQ ty calebo how many future points?
Cale 3
Cale and I am done
Cale way way way over traded on Friday
Cale was down like 6 on friday
Cale but was still up for the week
JQ GJ that is the bra I know!!!!
Cale I dont were a bra
Cale where are the Sellers for QLGC??
Cale HUH?
JQ bra=bro
Cale LOL
Cale oh,
Cale .....
Scott-ST Moderator: SYMC LOD
Scott-ST Moderator: we might see a bouce up in the Markets
Scott-ST Moderator: the Lunch time trading
JQ ty Q. Scott
Scott-ST Moderator: [img id=em-8]
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL AFTER LUNCH
Scott-ST Moderator: need to step away for 10 min brb
JQ brh
macias0 has entered DayTrading Chat
macias0 has logged out
macias0 has entered DayTrading Chat
Scott-ST Moderator: Any Questions Comments?
Scott-ST Moderator: Tomorrow we have the FOMC Announcement at 2:15
fa88 ty 4 this morning's q trade
Scott-ST Moderator: np fa
Scott-ST Moderator: did you trade them?
fa88 y!!!
Scott-ST Moderator: good
Scott-ST Moderator: testing our resistnace area
Scott-ST Moderator: may get stopped out
Scott-ST Moderator: okay stopped out at b/e
Scott-ST Moderator: we are flat on the Q's
Scott-ST Moderator: I hope that those in QLGC gook some profits at the .58 area
peterl Scott one qn, for money management reasons, how many is the maximum number of trades that are recommended.. Is that about 4 ? is the average - 2 or so?
peterl at any one time, I mean.
Scott-ST Moderator: thats up to your trading comforat level
Scott-ST Moderator: I an not a big fan of the "All in" method of tradng
Scott-ST Moderator: and Remember Cash is a position
Ricky has logged out
Scott-ST Moderator: so Now we have Pres Bush speaking on the CNBC?
Cale Just Hat Man right now
peterl so from what I can see - about 4 trades may at one time?
peterl that is max.. not may
Scott-ST Moderator: some people willl try to take all the trades
Scott-ST Moderator: some will only try for 2
Cale peter, I will take up to 4 from this room and hope that 2 hit profit
peterl OK, that sounds pretty good..
Cale some days I do not get filled and others I try to get filled just a bit early
peterl I don't think I can watch more at the moment.
Cale exactly
Cale my fav is the one that you enter and exit for profit with in 2 min
Cale I would take those all day long
Cale I am sure everyone would also
nm me too!
peterl what you mean - had to go to market order to get filled on HMY - lucky enough, it kept going
nm I can in late on the short on HMY but still made 1%
Cale Good Trade peter
peterl for sure - but I 'm also happy takling my 1-2% and going to bed early
Scott-ST Moderator: good Job nm
nm Peter where do you live?
nm thx scott
peterl Tokyo...
peterl late late trading for me..
nm I am in Texas....
Cale I am on the Moon
peterl thats about perfect in time zone..
nm Tokoy...after Midnight there?
peterl 12:33 am as we speak
nm Cale, you are in beautiful country
Cale LOL
nm :-)
Scott-ST Moderator: so its already tomorrow there huh Peter
nm When CRNT tumbled earlier, I did get in on a buy...1.5%
peterl yes but it means I can go out on Sun nights - just gotta give the Fri nights ..actually, thats my other qn - afternoon action seems less - so on Fridays, I could eseentially quit by yr luch time?
Scott-ST Moderator: i think JQ did also
Scott-ST Moderator: thats what I would do peter
peterl provided the trades are profitable or even
Scott-ST Moderator: even if you are down, sometimes its good just to walk away
Scott-ST Moderator: SCANNING FOR TYPE C'S
peterl yes, point taken. Last qn then - roughly of course, what % of trades to do you get into in the last hour of the trading day ?
nm I'll be back
Scott-ST Moderator: .BE HERE NM
Scott-ST Moderator: I dont trade the last hour at all
peterl So I could give that a break - means the diff between 4:00 and 5:00 am for me.
Scott-ST Moderator: lol
Scott-ST Moderator: most of the time we cancel all alerts around the last hour
Scott-ST Moderator: 3:00 est
peterl Great - I think I'll take that as my sign out point..
Scott-ST Moderator: [img id=em-8]
Scott-ST Moderator: Watching for possible Type C Buy on SYMC 18.09
Scott-ST Moderator: Watching for possible Type C Buy on SYMC 18.09
Scott-ST Moderator: Watching for possible Type C Buy on SYMC 18.09
Scott-ST Moderator: Watching for possible Type C Buy on SYMC 18.09
Scott-ST Moderator: triggered too fast gang
Scott-ST Moderator: we wil not book that one, sorry
Scott-ST Moderator: Watching for possible Type C Buy on ADCT 19.96
Scott-ST Moderator: Watching for possible Type C Buy on ADCT 19.96
Scott-ST Moderator: Watching for possible Type C Buy on ADCT 19.96
fa88 19?
Scott-ST Moderator: Watching for possible Type C Buy on ADCT 17.96
Scott-ST Moderator: Watching for possible Type C Buy on ADCT 17.96
Scott-ST Moderator: Watching for possible Type C Buy on ADCT 17.96
Scott-ST Moderator: LOL, just testing to see if anyone is awake or just out at lunch
peterl I got into SYMC
fa88 that's what i thought...
peterl Keep in or get out scott ?
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy ADCT 17.96
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy ADCT 17.96
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy ADCT 17.96
Scott-ST Moderator: UPDATE: Moving stop on ADCT 17.82
Scott-ST Moderator: UPDATE: Moving stop on ADCT 17.82
Scott-ST Moderator: UPDATE: Moving stop on ADCT 17.82
Scott-ST Moderator: CRNT testing HOD
Scott-ST Moderator: DOW UP 84
Scott-ST Moderator: NAZ UP 4.14
Scott-ST Moderator: S&P UP 9
Scott-ST Moderator: Any Questions? Comments?
Scott-ST Moderator: does anyone have any personal Trades they are working or even looking at
peterl Was considering OIH
Scott-ST Moderator: looks like a nice short
peterl Yes, but no courage on my part
fa88 adct
Scott-ST Moderator: STOPPED Consider exit in ADCT
Scott-ST Moderator: STOPPED Consider exit in ADCT
Scott-ST Moderator: STOPPED Consider exit in ADCT
Scott-ST Moderator: anyone n QLGC should be scaling out again with Profits in your favor
fa88 time to short the Qs?
Scott-ST Moderator: very close fa
Scott-ST Moderator: waiting for the right entry signal
fa88 ty
Scott-ST Moderator: DOW UP 76
Scott-ST Moderator: NAZ 0
Scott-ST Moderator: S&P UP 8.33
nm Market is still wacky
Scott-ST Moderator: VERY
Scott-ST Moderator: looking for a New HOD
Scott-ST Moderator: remember we are in Lunch
nm May have a martini lunch
nm ...ha...not even a big drinker
Scott-ST Moderator: LOL
Scott-ST Moderator: sounds good
Scott-ST Moderator: but what kinda martini?
nm a tiny dirty....straight up....no flavors
Scott-ST Moderator: went out for dinner on Friday and had a asian pear martini
nm 2 olives
Scott-ST Moderator: it was tasty
nm my sister likes the apple martinis
Scott-ST Moderator: muust have your greens huh
peterl nashi martini?
nm nashi martini...it that what I described peter?
nm or is nashi the pear
peterl yeah in Jpan, they are nashi's
Scott-ST Moderator: ah cool
Scott-ST Moderator: we were at a sushi restarant
nm amazing dow hit 117
Scott-ST Moderator: but just wait another 10 min
nm this past week has made me tight on the stops
Scott-ST Moderator: i have had to have a more loose stop jut because of the swings
Scott-ST Moderator: when I trade the futures I like a 1 point stop but in the past few weeks I have been using a 1.75 point stop
Scott-ST Moderator: just crazy
nm I understand your reasoning......maybe the new trend in up & down daily
nm :-)
nm crazy...scott what has been high on DOW so far?
Scott-ST Moderator: today?
Scott-ST Moderator: 13323 is HOD
nm I thought i saw 144
nm yes, today
Scott-ST Moderator: getting close to short the Qs
nm I am switching screen to search
nm typed in DIA and my program would not take it..oh well
Scott-ST Moderator: i haev 13329 as HOD
Scott-ST Moderator: we are nearing a major resistance area in most the markets
nm thx...now going toward 150
Scott-ST Moderator: DOW UP 143
Scott-ST Moderator: NAZ UP 17
Scott-ST Moderator: S&P UP 17
nm I am off to a lunch date...be back this afternoon :-)
Scott-ST Moderator: later nm
Scott-ST Moderator: have a good lunch
marcusid too bad the stop on adct wasn't a few cents lower!
Scott-ST Moderator: oh well, thats Day Trading
Scott-ST Moderator: Marktes Stochastics are starting to roll off the overbought area
Scott-ST Moderator: Peter that OIH is the LOG for Oil, I have been looking at DUG the Short ETF for the Oils
Scott-ST Moderator: rolling out of lunch and we dont have much on the Radar at this point
tc Scott, take a look at ZOLT and LKQX
Scott-ST Moderator: shorting the Q's right here at 47.70 on the next little bounce
Scott-ST Moderator: we might be able to able to play that gap up on ZOLT
Scott-ST Moderator: let me run the numbers
Scott-ST Moderator: need a bit of consolidation on ZOLT
Scott-ST Moderator: I like LKQX
Scott-ST Moderator: but its just a bit over extended
Scott-ST Moderator: well we missed that short on the Q's
nick i took it at .68.. what was the target?
nick took half here
Scott-ST Moderator: very nice Nick
Scott-ST Moderator: Taret is 47.31
nick thank you
peterl SYMC nearing LOD
Scott-ST Moderator: Watching for Type B Short at new low of the day on SYMC 17.92
Scott-ST Moderator: Watching for Type B Short at new low of the day on SYMC 17.92
Scott-ST Moderator: Watching for Type B Short at new low of the day on SYMC 17.92
Scott-ST Moderator: See if we can make that one work
Scott-ST Moderator: SYMC CLOSE
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SYMC 17.92
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SYMC 17.92
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SYMC 17.92
Scott-ST Moderator: UPDATE: Moving stop on SYMC 18.16
Scott-ST Moderator: UPDATE: Moving stop on SYMC 18.16
Scott-ST Moderator: UPDATE: Moving stop on SYMC 18.16
Cale omg is QLGC just a big tease or what
Scott-ST Moderator: lol
Scott-ST Moderator: going to short the Q's here at 55
Scott-ST Moderator: filled Short at 47.55
Scott-ST Moderator: HMY new LOD
Scott-ST Moderator: when in dought stay out
nick when in doubt whip it out
Scott-ST Moderator: lol
nick alright, whats the consenus for this afternoon, up or down?
peterl with 2 shorts in the fire, down I hope..
Scott-ST Moderator: [img id=em-0] Crazy Craz [img id=em-0]
Scott-ST Moderator: Normaly I would say up
Scott-ST Moderator: but not the way the markets have been acting at all
Mike22 has logged out
peterl wishful thinking but ADCT went all the way after LOD
Scott-ST Moderator: Watching for Type B Short at new low of the day on ACLI 19.54
Scott-ST Moderator: Watching for Type B Short at new low of the day on ACLI 19.54
Scott-ST Moderator: Watching for Type B Short at new low of the day on ACLI 19.54
Scott-ST Moderator: ADCT was not a perftct type C
Scott-ST Moderator: QLGC, Man, you you are not out you really should consider scaling out
peterl I "C"..
Scott-ST Moderator: HMY giving it up still
Scott-ST Moderator: Gold is not doing all that well
Mike22 has entered DayTrading Chat
Scott-ST Moderator: wb Mike
Scott-ST Moderator: wow the Financial Sector is up today
Scott-ST Moderator: except Real Estate
kami has logged out
kami has entered DayTrading Chat
Scott-ST Moderator: wb kami
Scott-ST Moderator: DOW UP 73
Scott-ST Moderator: NAZ UP 2.77
Scott-ST Moderator: S&P UP 7.87
sl has entered DayTrading Chat
sl acli
sl acli
Scott-ST Moderator: ?
Scott-ST Moderator: one more cent for QLGC
Scott-ST Moderator: C'MON [img id=em-4]
Scott-ST Moderator: OKAY GANG
Scott-ST Moderator: we are out of lunch and into afternoon trading
Scott-ST Moderator: hold onto your Hats
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in QLGC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in QLGC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in QLGC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in QLGC
Cale wow that seemed hard
Cale now we need SYMC to play
Scott-ST Moderator: any Questions?
fa88 Is ACLI a cancel?
fa88 Nevermind!
Scott-ST Moderator: not yet
JQ wb
JQ ty
JQ np
nm back...no martini for lunch....but marveling at market..still wacky...good job on QLGC
Scott-ST Moderator: JQ, WB
JQ ty
JQ had a little gin yestirday while playing golf in 100* temp.
nm ADCT LOD
nick stop on q's?
macias0 has logged out
Scott-ST Moderator: .78
macias0 has entered DayTrading Chat
Scott-ST Moderator: RIGHT There :(
JQ damn Q. Scott
Scott-ST Moderator: I am sorry Gang
Scott-ST Moderator: DOW UP 156
Scott-ST Moderator: NAZ UP 23
Scott-ST Moderator: S&P UP 19.50
JQ np
Scott-ST Moderator: [img id=em-0] Thats Day Trading.....
JQ yapper
JQ brb
kami has logged out
Scott-ST Moderator: Markets at HOD
Scott-ST Moderator: finding major resistance
Charlie1 has logged out
Scott-ST Moderator: Markets are overbought but there is still room to move up
Scott-ST Moderator: Well, here we are sitting at the one hour Mark
Scott-ST Moderator: see where they take the markets from here
Mike22 anybody's guess
peterl wish SYMC would make up its mind
Cale lol
JP has logged out
Cale JP has had enough
nm Any projections out there before bell?
Cale I guess that the markets comes back down
Cale still Green but not my much
Scott-ST Moderator: is that a guess Cale or hopful thinking?
nm my guess too...tanking
Cale both, my guess and Hopeful
Cale am short the Oil and the S&P
Scott-ST Moderator: over all the Markets do have strong internals
Scott-ST Moderator: we have the FMOC tomorrow and if we lower the rate the markets will take off like crazy
Scott-ST Moderator: there will be very little trading tomorrow until that meeting announcement
nm I do not think they are going to lower rates...my guess will stay the same
Cale maybe there are a few who know what the announcment is and thats why we are getting this run up...
Cale Thoughts?
nm I think they are going to try to weather out subprime lending blues
peterl stop on SYMC ?
nm I do not think anyone knows what FOMC will do
Scott-ST Moderator: is on the table Peter
Scott-ST Moderator: 18.16
peterl yeah it spiked there so I over reacted
Scott-ST Moderator: CANCEL ALL ALERTS UNTIL TOMORROW MORNING....
tc has logged out



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