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********** Good Morning Everyone
********** Wednesday 22th, 2007
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tc hey, scott
Jen has entered DayTrading Chat
Scott-ST Moderator: GM Jen
limey has entered DayTrading Chat
Scott-ST Moderator: gm limey
limey Good Day all
Jen gm
tc has logged out
JQ has entered DayTrading Chat
tc has entered DayTrading Chat
JQ GM
JQ GM Jen
JQ GM G.Scott
kami has entered DayTrading Chat
kami gm
marcusid has entered DayTrading Chat
kami has logged out
Jen gm JQ
ryan has entered DayTrading Chat
JP has entered DayTrading Chat
kami has entered DayTrading Chat
JP NVDA. RIMM?
JQ G. Scott you ready?
mac has entered DayTrading Chat
mac gm
JQ NUAN...FSLR...VMW...RIMM
Scott-ST Moderator: gm JQ, kami, marcus, ryan, JP, Mac
Scott-ST Moderator: Markets will be opening up Higher
DaveL has entered DayTrading Chat
anatta has entered DayTrading Chat
anatta gm
drew has entered DayTrading Chat
Scott-ST Moderator: gm DaveL, anatta, drew
drew gm
Cale has entered DayTrading Chat
Scott-ST Moderator: gm Cale
Killer has entered DayTrading Chat
Cale gm Scott
Cale gm everyone
Scott-ST Moderator: gm Killer
Ricky has entered DayTrading Chat
Tony has entered DayTrading Chat
Killer GM Scott & Co.!
DaveL good morning all
Scott-ST Moderator: gm Ricky, Tony
ryan scott, BTJ?
Tony gm
nick has entered DayTrading Chat
Scott-ST Moderator: gapped up ryan, but still in recent trading range
Scott-ST Moderator: gm nick
nick gm
Ricky gm
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Watching for Type B Buy at new high of the day on NVDA 48.55
Scott-ST Moderator: Watching for Type B Buy at new high of the day on NVDA 48.55
Scott-ST Moderator: Watching for Type B Buy at new high of the day on NVDA 48.55
JP TECD could be worth watching as well
Scott-ST Moderator: NICE One JP am also looking at ACIW FOSL CPHD SIGM
JQ OPLK
JP BCSI?
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 36.60
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 36.60
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 36.60
Scott-ST Moderator: spread seems like it has been wide on BCSI
JP Yeah, it goes from .04 to .20
Scott-ST Moderator: OPLK sure dipped below 12
Scott-ST Moderator: knew it would go fast once it broke 12
Scott-ST Moderator: 12.99 that is
JQ $$$$
Cale good Job JQ
JQ ty brobo!
Killer has logged out
Killer has entered DayTrading Chat
Scott-ST Moderator: wb killer
Scott-ST Moderator: Markets are looking strong
JQ wb
tc has logged out
ryan sigm has a little spread too, no?
Scott-ST Moderator: DOW UP 108
Scott-ST Moderator: NAZ UP 26.23
Scott-ST Moderator: SPX UP 14.96
Scott-ST Moderator: SIGM's spread is't ideal but not too bad
Killer the left side goes blank occasionally when it's refreshed - anything i can do with the explorer settings to avoid it
Scott-ST Moderator: Killer, click on that left side then press the backspace key
ddj has entered DayTrading Chat
Scott-ST Moderator: gm ddj
Killer ty
JQ right click refresh
ddj gm all
Killer will try next time
Scott-ST Moderator: Watching for Type B Short at new low of the day on SIGM 35.82
Scott-ST Moderator: Watching for Type B Short at new low of the day on SIGM 35.82
Scott-ST Moderator: Watching for Type B Short at new low of the day on SIGM 35.82
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SIGM 35.82
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SIGM 35.82
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short SIGM 35.82
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.44
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.44
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.44
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.44
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.14
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.14
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.14
Scott-ST Moderator: MARKETS Are reaching an overbought area but there is room to move up
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SIGM
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SIGM
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SIGM
Ricky ty
Scott-ST Moderator: wow, I got to ring the Profit Bell!!!
Jen nice call Scotty
Cale nice job Scotty
Jen wow, look at the whipsaw
Scott-ST Moderator: look at RIMM
kami has logged out
DaveL is the buy still good on SIGM?
kami has entered DayTrading Chat
JQ G. Scott am I missing something doesn't that trade bring it back into previous range? or is that ok?
Scott-ST Moderator: no
Scott-ST Moderator: CANCEL SIGM LONG
Scott-ST Moderator: would be too extended and no good stop right now
nm has entered DayTrading Chat
DaveL ok...thanks
anatta FSLR sh?
Scott-ST Moderator: still right in Trading Range anatta
Scott-ST Moderator: Watching for Type B Short at new low of the day on NVDA 47.81
Scott-ST Moderator: Watching for Type B Short at new low of the day on NVDA 47.81
Scott-ST Moderator: Watching for Type B Short at new low of the day on NVDA 47.81
DaveL NVDA lon g still good right?
Scott-ST Moderator: Yes
DaveL has logged out
anatta FSLR near lod
Dave has entered DayTrading Chat
JQ annatta look at your daily chart on FSLR!
JQ Is it in previous range?
Scott-ST Moderator: need coffee brb
JQ brh
macias0 has entered DayTrading Chat
JQ wb
Jen Scott, looks NVDA has support via the 20 ema at 47.74. Ya think this short can make it?
Scott-ST Moderator: Jen, I think we get down to close the gap if we can break the 20 ema down
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VMW 70.91
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VMW 70.91
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VMW 70.91
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VMW 70.81
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VMW 70.81
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VMW 70.81
Scott-ST Moderator: Watching for Type B Buy at new high of the day on VMW 70.81
Scott-ST Moderator: .81 GANG
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy VMW 70.81
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy VMW 70.81
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy VMW 70.81
Cale we have a runner!!
Scott-ST Moderator: UPDATE: Moving stop on VMW 69.52
Scott-ST Moderator: UPDATE: Moving stop on VMW 69.52
Scott-ST Moderator: UPDATE: Moving stop on VMW 69.52
Scott-ST Moderator: UPDATE: Moving stop on VMW 69.88
Scott-ST Moderator: UPDATE: Moving stop on VMW 69.88
Scott-ST Moderator: UPDATE: Moving stop on VMW 69.88
Scott-ST Moderator: UPDATE: Moving stop to entry VMW
Scott-ST Moderator: UPDATE: Moving stop to entry VMW
Scott-ST Moderator: UPDATE: Moving stop to entry VMW
Jen don't be greedy folks
Scott-ST Moderator: consider scaling out with profits in your favor
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VMW
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VMW
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in VMW
Ricky ty
Scott-ST Moderator: wow twice!!!
Jen I love you man!
Cale ty Scotty Scott
Scott-ST Moderator: *BLUSH*
Cale OH YEA, A RUNNER
Jen holy cow, no kidding it's a runner
Dave how about SIGM at the high now
Scott-ST Moderator: Not yet
Cale WEEEeeee.............
Cale Let it run run run
Cale didn't even get a chance to take 1/2
Cale still all in!!
JQ GJ Calebo!!!
Scott-ST Moderator: [img id=em-0] Crazy Cale, you make me nervous
Cale okay out at 72
Cale thanks Scotty Scott
Scott-ST Moderator: good job Gang
Scott-ST Moderator: RIMM closed it's gap
Scott-ST Moderator: the spread on BCSI is much better now
Scott-ST Moderator: after the open the Markets have not been trending much at all
Scott-ST Moderator: right in that opening trading range, still early
Scott-ST Moderator: the internals still are showing some strength
ryan NVDA Scott
Ricky Sound the horn
JQ VMW:
JQ http://www.youtube.com/watch?v=tzkOAh64KAY
Ricky Scott, NVDA short triggered.
ryan suggested stop?
JP 48.21
Jen good one JQ
JP Is what I would use...
Ricky We're going to hold Scott's feet to the fire on this one.
nick bounced right off the 20.. like you said jen
JQ loose stop 48.02
JQ 48.11
Ricky Scott, you there?
Jen how about that. It triggered didn't it?
Ricky Yes, a while back
marcusid Scott: how come you didn't enter NVDA when it triggered? If its on the list and the status isn't cancelled is it still a valid entry--or do we need to wait to hear from you. I'm confused
ryan it triggered
Ricky Scott is making a beer run.
ryan he hit his 2% goal
JP Scott said he was stepping away for a minute....NVDA triggered.
peterl has entered DayTrading Chat
Tony maybe his computer crashed
Ricky Did he call you personally JP?
peterl gm all - looks like a couple of nice trades
JP No, I thought he posted that he was stepping out for coffee earlier.
JQ I don't know if there was a good stop when it triggered?
Scott-ST Moderator: back
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short NVDA 47.81
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short NVDA 47.81
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short NVDA 47.81
Ricky It felt so lonely without you here.
ryan doesn't look good scott
ryan where do you suggest the stop
JQ hod?
Scott-ST Moderator: UPDATE: Moving stop on NVDA 48.51
Scott-ST Moderator: UPDATE: Moving stop on NVDA 48.51
Scott-ST Moderator: UPDATE: Moving stop on NVDA 48.51
ryan uh, but at the high of the day, we would set another trigger?
Scott-ST Moderator: Sorry about that gang, answered the door
Ricky Who was it?
JQ nope
Scott-ST Moderator: neighbor, having issues
Dave Scott....has SIGM backed and filled enough to trigger a buy at HOD and still have a good stop?
Scott-ST Moderator: stop is still to var right now
Scott-ST Moderator: need to see come consolidation around this area
ryan scott, you don't think that we should exit nvda yet? stoch seem strong, no?
Scott-ST Moderator: I can give you a tighter stop if you would like, but I think we will stick with the stop we have right now
Jen Ryan, never wait for him if you don't like what you see. When in doubt, get out!
Ricky Scott, i think you give good STOP!
JQ LOL
Scott-ST Moderator: 48.21 is a tight stop if that helps
ryan yes...i know jen. still trying to learn the ropes.
Scott-ST Moderator: it's all up to each trader, there is no wrong answer
Cale what, is that VMW nearing HOD agan?
JQ Disclaimer here we come!
Scott-ST Moderator: LOL
JQ LOL
Ricky Scott, are you doing your chart training today?
Scott-ST Moderator: I am going to try
Scott-ST Moderator: I will do it again next week for sure Ricky
JQ that is all a MAN can do brobo!
Scott-ST Moderator: [img id=em-10]
Ricky I hope it goes bad today and you'll try again tomorrow. My selfish wish. Can't be here today.
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 36.60
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 36.60
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 36.60
Dave I was just going to say....SIGM is going to explode...I am going in
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 36.60
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 36.60
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 36.60
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.04
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.04
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.04
Scott-ST Moderator: The tighter stop for NVDA just triggered at 48.21 for those that asked
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.27
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.27
Scott-ST Moderator: UPDATE: Moving stop on SIGM 36.27
Scott-ST Moderator: markets are all still in the trading range
Scott-ST Moderator: UPDATE: Moving stop to entry SIGM
Scott-ST Moderator: UPDATE: Moving stop to entry SIGM
Scott-ST Moderator: rolling into Lunch, Consider scaling out with profits in your favor
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SIGM
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SIGM
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SIGM
Ricky ty
Cale nice one
anatta sweet!
Scott-ST Moderator: good trade Gang
Jen great job again Scotty
Cale JQ, can you make a call on NVDA please?
Scott-ST Moderator: thanks Jen
JQ let me see what i can do
Cale thanks
Cale only took 1/2 on SIGM will trail the 2nd half
JQ Chuck Norris...Texas Ranger said he would take care of it
Cale Sweet, but what about Jack Bauer?
JQ That would be one of the biggest A S S kicking's you ever SAW!!!
JP http://www.jackvschuck.com
JQ Those ranger's wear COWBOY hats Dude!!!
Cale SIGM turned fast
Cale LMAO Jack vs chuck
Cale really should be Ken vs Chuck and Jack
marcusid SIGM tanked after we got out!
JQ LMAO that's great
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL AFTER LUNCH
Cale Thanks for that Call JQ looks like Chuck is doing his work
Scott-ST Moderator: Markets are looking to fall into the gap
JQ Why do you not conclude who would win in a fight?
Some questions were just never meant to be answered. Only God knows, and we are pretty sure one of these men (if not both) is God
JQ What should I do if Jack Bauer or Chuck Norris is upset with me?
The only option is to kill yourself and hope that Jack or Chuck lets you into Heaven
JP I would think Chuck would have to be God because if Jack were God that would mean that God made season 6 of 24 and God would never create something so horrible.
JQ lmao
Cale LOL
Cale so JP are you going to give 24 one more chance?
JP Based on what I'm hearing, season 7 is not shaping up well. I'll probably record it and watch it when there is nothing else on.
Cale thats what we will do
Scott-ST Moderator: NVDA lod
JQ When Chuck kick's A S S ....LOOKOUT!!!
Cale I guess
JQ any question's
Scott-ST Moderator: lol
peterl I suffer with JP you - my gf makes me watch 24
Scott-ST Moderator: note on NVDA that we have the 50 ema on the 5 min chart that will act as support
Scott-ST Moderator: this may be a good point to start scaling out
Scott-ST Moderator: once we break that 50 ema it has a good chance it will close the gap
JQ GL G. Scott!!!
Scott-ST Moderator: working on the training room atm
JQ GJ
JP I really loved the first few seasons of 24 but these last few have been pretty hard to watch.
JQ laters gang
JQ has logged out
Killer Hey Scott! Do you avoid any plays with a relatevely large spread? Say, 0.2% or 0.4% or the last price?
bigb has entered DayTrading Chat
Scott-ST Moderator: gm bigb
Scott-ST Moderator: yes killer
bigb gm
Scott-ST Moderator: we dont like a spread that is more then .1%
Killer I see. Thanks!
peterl I felt jerked aorund right from season 1, JP
Dave Scott....at what point of the day do you switch from the 1 min intraday chart to the 3 or 5 minute?
bigb i always keep all of them up alllll day long
Scott-ST Moderator: having issues with the training room gang hang in there with me
Scott-ST Moderator: Dave, I only watch the 1 min the 1st hour of the day
Scott-ST Moderator: I watch the 5 min all the time
anatta short CFC
Jen Scotty, when you're up 3% and 3 for 3 on the day, you just take your time
Scott-ST Moderator: [img id=em-8] Thanks Jen
Dave ty Scott
Dave SIGM getting frisky again
nm GREAT comment Jen
Ricky Scott, did the seminar start?
bigb he is still working on it
Scott-ST Moderator: okay Looking for testers for the training room
Scott-ST Moderator: need to go to www.tradingrooms.com
Scott-ST Moderator: register and install the software
Scott-ST Moderator: anyone with me?
Killer It's kinda slow to load for me
Killer Oki - I'm in
mac It does not take my id and or password
Jen which room are we picking, trading or presentation
marcusid Scott: me to. How do we log on
Jen check your email it sent you the password
Scott-ST Moderator: the room is swingtrades
anatta ditto mac's comment
Killer password is case sensetive
Scott-ST Moderator: if you go to rooms you can just start pressing the s key to find it
Scott-ST Moderator: did you creat a new user?
Scott-ST Moderator: and pwd?
Ricky Which is the main directory? Presentation, etc?
Scott-ST Moderator: and you got your pwd in the email?
Scott-ST Moderator: Killer is in
Jen once in select Community trading room and scroll down to Swing trades
Scott-ST Moderator: once you have started the app go to Tools Actions
Scott-ST Moderator: Join room
Scott-ST Moderator: please make sure you use your name from here or a name I know, this is not as private (yet) as I would like
Scott-ST Moderator: I will boot those I do know know
Scott-ST Moderator: Who is Piper?
peterl yeah, scott - mine's working
mac it does not accept my password
mac scott would you please e-mail me one
Ricky mac, when your registerr at tradingrooms.com, they will e-mail a password to you. I don't think Scott sends those out.
mac Thank you
Scott-ST Moderator: Marcus can you please close your shared chart?
marcusid closed
ryan has logged out
Scott-ST Moderator: ty
kami has logged out
anatta CFC new LOD
marcusid nvda nearing target!
Scott-ST Moderator: UPDATE: Moving stop on NVDA 48.12
Scott-ST Moderator: UPDATE: Moving stop on NVDA 48.12
Scott-ST Moderator: UPDATE: Moving stop on NVDA 48.12
Scott-ST Moderator: Still trying to get things to work Gang
Scott-ST Moderator: thanks
Ricky take your time.
mac my new id id gbs
Scott-ST Moderator: okay mac, ty
Scott-ST Moderator: still working on it gang
limey Scott we are talking on the site but only I have a mic
Scott-ST Moderator: okay
Scott-ST Moderator: had to build a new one
Scott-ST Moderator: okay gang new room
Scott-ST Moderator: same name
Scott-ST Moderator: but its the 1st one on the list
Scott-ST Moderator: and the password is nvda
Scott-ST Moderator: or maybe the 2nd
Scott-ST Moderator: nvdia
Scott-ST Moderator: there is an i in there sorry
Cale I am in
Ricky Scott, bunch of guys still in the first room.
limey I only see I on the list and there are 10 of us in it
Scott-ST Moderator: sorry need to move to this room
mac password does not work
Scott-ST Moderator: password is nvida
mac still does not work
Jen can't find it, under community trading room or different? Checked them all
Scott-ST Moderator: okay sorry gang
peterl under swingtrades in community rooms?
Scott-ST Moderator: pwd is nvdia
Scott-ST Moderator: the display name is SwingTrades.com
Scott-ST Moderator: might be the 2nd on the list
Scott-ST Moderator: look under Premium Rooms
limey Scott 3 of us logged in and ended back in the original room
Scott-ST Moderator: then select the other room
bigb haha
Scott-ST Moderator: [img id=em-1] don't laugh bigb
bigb ah i know i know
bigb this stuff is tough
Jen I did and ended up in a room with transcrips from 12 noon EST
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.
mac has logged out
Ricky has logged out
Scott-ST Moderator: [img id=em-10]
Scott-ST Moderator: bigb come join us
Tony has logged out
bigb ok
Tony has entered DayTrading Chat
nick has logged out
Scott-ST Moderator: Tony, you in the Training room?
Tony my pc frozen
Tony now back up again
Scott-ST Moderator: good
Scott-ST Moderator: in the trading room
Tony ok
Scott-ST Moderator: STOPPED Consider exit in NVDA
Scott-ST Moderator: STOPPED Consider exit in NVDA
Scott-ST Moderator: STOPPED Consider exit in NVDA
Scott-ST Moderator: STOPPED Consider exit in NVDA
peterl has left the room
Dave has logged out
JP Scott, can't seem to join the Swingtrades room...keep getting password error.
Scott-ST Moderator: JP
Scott-ST Moderator: okay the pwd is nvdia
Scott-ST Moderator: all lower case
JP Thanks
Scott-ST Moderator: had enough JP?
JP has logged out
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: anyone not in the Training Room?
Scott-ST Moderator: DOW UP 75
Scott-ST Moderator: NAZ UP 17.47
Scott-ST Moderator: SPX UP 6.58
Scott-ST Moderator: choppy
limey has logged out
marcusid has logged out
Scott-ST Moderator: CANCEL ALL ALERTS FOR TODAY, Good Trading!!