
**********************************************************
********** Good Morning Everyone
********** Wednesday 29th, 2007
**********
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Mike22 gm all.
Scott-ST Moderator: Hi Mike
Drew that's a good look for you, Scott. How's MO looking?
Scott-ST Moderator: LOL, gm drew
limey has entered DayTrading Chat
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Drew has entered DayTrading Chat
JQ has entered DayTrading Chat
JQ GM
anatta has entered DayTrading Chat
anatta gm
Scott-ST Moderator: GM limey, JQ, anatta
Scott-ST Moderator: looks like ONXX is going to open above our trigger, so we will cancel that alert
Scott-ST Moderator: it it opens below our trigger we will still have ONXX as an open alert
Scott-ST Moderator: CNBC is talkng about your MO
Cale has entered DayTrading Chat
Cale gm
Scott-ST Moderator: gm Cale
Scott-ST Moderator: JP time to get out of MO
Scott-ST Moderator: they seem to be pushing it hard
Scott-ST Moderator: for ppl(people) to buy it
Scott-ST Moderator: they may be ready to sell. (they = big money)
JP lol....I also found out that MO is Cramers "stock of the year" for 07.
Scott-ST Moderator: wow
Ricky has entered DayTrading Chat
Scott-ST Moderator: well if its a long term investment I would just hold it and for get it
Scott-ST Moderator: gm Ricky
Killer has entered DayTrading Chat
Killer gm all
Scott-ST Moderator: I was thinking lastnight about the stop you have also
Ricky gm
Scott-ST Moderator: I was thinking it might be a bit tight
Scott-ST Moderator: for a long term investment
Scott-ST Moderator: chat about it at lunch if you have a chance
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ddj gm all
Scott-ST Moderator: gm Ricky, Killer, ddj
JP Will do.
Scott-ST Moderator: okay Gang, we have ALGN short only, and PDLI long only this morning
anatta LAYN?
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: will keep an eye on that one anatta
Cale Erin is wearing RED this morning
Ricky onxx?
Cale whats that mean
Ricky triggered
Scott-ST Moderator: CANCEL ONXX
Ricky Well. Thanks for the profit anyway.
kami has logged out
Scott-ST Moderator: LOL
Ricky Why cancel? it was below the trigger at open.
JP OPened at 38.42
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Ricky I must have overlooked it.
kami has entered DayTrading Chat
JP Nice profit though.
Scott-ST Moderator: Watching for Type B Buy at new high of the day on ONXX 39.42
Scott-ST Moderator: Watching for Type B Buy at new high of the day on ONXX 39.42
Scott-ST Moderator: Watching for Type B Buy at new high of the day on ONXX 39.42
Tony has entered DayTrading Chat
Scott-ST Moderator: GM tONY
Scott-ST Moderator: gm Tony
Tony gm
nick has entered DayTrading Chat
Scott-ST Moderator: gm nick
nick gm
Scott-ST Moderator: Watching for Type B Short at new low of the day on ALGN 21.86
Scott-ST Moderator: Watching for Type B Short at new low of the day on ALGN 21.86
Scott-ST Moderator: Watching for Type B Short at new low of the day on ALGN 21.86
Scott-ST Moderator: algn close
Scott-ST Moderator: ALGN is close
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ALGN 21.86
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ALGN 21.86
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ALGN 21.86
tc has logged out
Scott-ST Moderator: UPDATE: Moving stop on ALGN 22.09
Scott-ST Moderator: UPDATE: Moving stop on ALGN 22.09
Scott-ST Moderator: UPDATE: Moving stop on ALGN 22.09
marcusid what about ALGN!!!!
Scott-ST Moderator: ?
Cale what about it marcus?
Scott-ST Moderator: tc tc
mac has entered DayTrading Chat
Scott-ST Moderator: gm mac
JP SIGM at new highs.....again. ASEI could also be worth watching.
Scott-ST Moderator: i do have sigm on my watch list
marcusid Its listed as a type B and broke down nicely--what is it a long?
Ricky It's a short.
marcusid I see its a short, so why didn't we enter at LOD?
Scott-ST Moderator: we are in marcus
Scott-ST Moderator: note the alerts at 9:38
JP The alert came through about 4 minutes ago.
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Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 38.51
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 38.51
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 38.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 38.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 38.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 38.51
Ricky it was already above
Scott-ST Moderator: right we will not book SIGM
Scott-ST Moderator: ALERT CAME OUT TOO SLOW, SORRY GANG
Ricky ty
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALGN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALGN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALGN
Cale Nice one Scott
Scott-ST Moderator: good job gang
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 38.70
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 38.70
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SIGM 38.70
Scott-ST Moderator: Setup is still valid
Scott-ST Moderator: stop is more in our strategy
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 38.70
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 38.70
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SIGM 38.70
Scott-ST Moderator: UPDATE: Moving stop on SIGM 38.15
Scott-ST Moderator: UPDATE: Moving stop on SIGM 38.15
Scott-ST Moderator: UPDATE: Moving stop on SIGM 38.15
Scott-ST Moderator: tighter stop would be 38.55
Scott-ST Moderator: also have DPTR on my watch list for a short
Scott-ST Moderator: I have no entry signal for the Q's
Cale COMEON SIGM you can get back up there
JQ oooooooooooooooooooooMMMMMMMMMMMMM
Scott-ST Moderator: OOOOOOOOOoooommmmmmmmmmmmmm.............
Scott-ST Moderator: DOW UP 83
Scott-ST Moderator: NAZ UP 17.53
Scott-ST Moderator: SPX UP 7.83
Scott-ST Moderator: I also have FITB on my Short watch list
Scott-ST Moderator: Watching for Type B Short at new low of the day on FITB 35.28
Scott-ST Moderator: Watching for Type B Short at new low of the day on FITB 35.28
Scott-ST Moderator: Watching for Type B Short at new low of the day on FITB 35.28
Scott-ST Moderator: STOPPED Consider exit in SIGM
Scott-ST Moderator: STOPPED Consider exit in SIGM
Scott-ST Moderator: STOPPED Consider exit in SIGM
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short FITB 35.28
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short FITB 35.28
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short FITB 35.28
Scott-ST Moderator: UPDATE: Moving stop on FITB 35.90
Scott-ST Moderator: UPDATE: Moving stop on FITB 35.90
Scott-ST Moderator: UPDATE: Moving stop on FITB 35.90
macias0 getting delayed L2 quotes...still show 35.30x35.20 on FITB
Scott-ST Moderator: Watching for Type B Short at new low of the day on ONXX 38.21
Scott-ST Moderator: Watching for Type B Short at new low of the day on ONXX 38.21
Scott-ST Moderator: Watching for Type B Short at new low of the day on ONXX 38.21
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ONXX 38.21
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ONXX 38.21
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ONXX 38.21
Scott-ST Moderator: UPDATE: Moving stop on ONXX 38.57
Scott-ST Moderator: UPDATE: Moving stop on ONXX 38.57
Scott-ST Moderator: UPDATE: Moving stop on ONXX 38.57
JQ WOW, Calebo did you see Erin?
Cale ALL IN RED!!!
Scott-ST Moderator: ERIN ONXX 38.57
JQ LOL
Scott-ST Moderator: ERIN + Cale
Scott-ST Moderator: ERIN + Cale
Scott-ST Moderator: ERIN + Cale
Scott-ST Moderator: ERIN + Cale
JQ ON FIRE!!!
Cale LOL
Scott-ST Moderator: Markets are falling lower
Scott-ST Moderator: UPDATE: Moving stop to entry FITB
Scott-ST Moderator: UPDATE: Moving stop to entry FITB
Scott-ST Moderator: UPDATE: Moving stop to entry FITB
anatta cfc
Scott-ST Moderator: might consider scaling out with profits in your favor
Killer moving to what?
Killer oops
Killer to entry
Scott-ST Moderator: looking good anatta, but what will i say?
bigb has entered DayTrading Chat
Scott-ST Moderator: hey BigB
Cale hi Biggers
Cale good morning Bigbo
bigb hey guys
Cale bigbrobo
Cale LOL
bigb lol
JQ Calebo if markets kick back up so will NVDA!
Cale NVDA is my new SNDK
Cale am long since 42.42
JQ yapper!
JQ GJ
anatta CFC-Seems like there would be major support at 18 since that's BOA's conversion price.
JQ Thxs for telling your Bro?
Scott-ST Moderator: correct anatta
JQ bo?
Scott-ST Moderator: I DID
JQ what?
Cale sorry BroBo, still love me?
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Scott-ST Moderator: UPDATE: Moving stop to entry ONXX
Scott-ST Moderator: UPDATE: Moving stop to entry ONXX
Scott-ST Moderator: UPDATE: Moving stop to entry ONXX
JQ MAN love!!!
Cale Right, MANLOVE
Cale nothing butt
Cale oops
bigb Tried to get in here earlier today but have to take the lady to the airport this morning, Didnt realize it until last night. No trading for me until end of lunch
JQ LMAO....So to speak!!!
Cale LMAO
Cale not in this morning SHORT???
Cale OMG
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Cale its been good the last 30 Min
Cale got 2 pts, wish I didnt bail so fast
Cale but was happy
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ONXX
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ONXX
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ONXX
Cale very nice!!
JQ GJ
JQ Nothing butt $$$$$
Cale so to say
Scott-ST Moderator: again consider scaling out with profits in your favor on FITB
Cale thats Scott's way of saying GET OUT GET OUT with Monye in your Pocket
Scott-ST Moderator: [img id=em-0]
Cale JQ I still have a small position in CWTR when you said it would close the gap
Cale you said that back in late JUNE
JQ You are the Master of the Swing my Brobo!!
Scott-ST Moderator: STOPPED Consider exit in FITB BREAK EVEN
Scott-ST Moderator: STOPPED Consider exit in FITB BREAK EVEN
Scott-ST Moderator: STOPPED Consider exit in FITB BREAK EVEN
Scott-ST Moderator: PDLI LOD
JQ When G. Scott says Scale GANG Scale!!!
Cale exactly!!!
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Scott-ST Moderator: [img id=em-0][img id=em-5]
JQ $$$$!!!!!!!!
Scott-ST Moderator: thats day trading
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: So Big how do the futures look?
Scott-ST Moderator: you said you were going to wait until after lunch?
Killer PDLI?
Ricky has logged out
Mike22 covered my PDLI short at 10.20 earlier today..urgh
bigb ya i have to go to the airport
Mike22 er..19.20..double urgh!
Scott-ST Moderator: Killer, 1) we don't have a good entry signal, and 2) we are really only looking for a long because it's falling down into recent trading range
Ricky has entered DayTrading Chat
Scott-ST Moderator: ah okay Big
Scott-ST Moderator: wb Ricky
Scott-ST Moderator: Mike, nice trade
macias0 has entered DayTrading Chat
Scott-ST Moderator: just remember Profit is profit
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Scott-ST Moderator: gm macias
anatta has entered DayTrading Chat
Scott-ST Moderator: wb anatta
bigb well i hope you guys dont miss me too much but i have to go....ill be back in a little while
anatta :)
Scott-ST Moderator: later bigb
bigb has logged out
Scott-ST Moderator: CTX
Scott-ST Moderator: we will wait for the news
Scott-ST Moderator: Watching for Type B Short at new low of the day on CTX 27.15
Scott-ST Moderator: Watching for Type B Short at new low of the day on CTX 27.15
Scott-ST Moderator: Watching for Type B Short at new low of the day on CTX 27.15
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Scott-ST Moderator: wb mac
JQ wb
mac thanks
Killer Scott, any thoughts on the Bin Laden Trade? Seems to be a topic of a lot of chatter these days...
JP Bin Laden trade?
JQ ?
peterl yeah?
Killer The huge options trade
Cale huh?
JP Short airlines?
Killer hohold on, I'll give a link
Killer http://www.optioninvestor.com/premium/oid/newsletter.aspx?Path=/oin/oid/newsletter/20070828_222821_msg.html
Drew take him out Killer
Killer :)
kami has logged out
Killer oops.. you need a premium account
peterl I know that subs letter - used it before.. lost money
Killer anyway, just google The Bin Laden options Trade
Killer happened last week
Cale OMG Killer
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peterl thanks killer, crashed me browser.. urban myth perhaps?
Killer nope
Mike22 ONXX running
Killer it checks out
Killer the trade actually happened
Ricky Scott, are you going to stay with the ONXX long at this time of day?
JQ 1% + on Nvda!!!
JQ Calebo!!!
Cale nice JQ
Scott-ST Moderator: no Ricky
Scott-ST Moderator: we will cancel that alert
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL AFTER LUNCH
Scott-ST Moderator: not too bad of a morning
Mike22 out ONXX +.61
Scott-ST Moderator: took that run up huh
Scott-ST Moderator: nice trade Mike
peterl I'm out, see all tomorrow ..
peterl has left the room
Scott-ST Moderator: tc peter
Mike22 you bet-cha! had a nice stoch's cross around 10:35
Scott-ST Moderator: good eye Mike
Scott-ST Moderator: does anyone have any Questions?
Scott-ST Moderator: Comments?
Scott-ST Moderator: would anyone like some one on one time in the training room with Questions?
Ricky Is your training room in an Airport bathroom?
JQ Is that Bin Laden trade for Real?
Scott-ST Moderator: MARKETS:
Scott-ST Moderator: DOW UP 108
Scott-ST Moderator: NAZ UP 26
Scott-ST Moderator: SPX UP 11.49
Scott-ST Moderator: Oh, thats just mean Ricky
Ricky I know a few Senators, and clergymen that may take you up on it.
Scott-ST Moderator: [img id=em-9]
JQ Did Ricky do a "GG"?
Ricky What's a GG?
Scott-ST Moderator: did everyone get an email regarding our swing Trade?
JQ yapper ty
Scott-ST Moderator: it Triggered and we are now Short
Ricky I did. Why did it go out to everyone?
Scott-ST Moderator: yes, once a week I try to get that out to everyone
Ricky That's not all the calls to the Swing Trade service, right?
Scott-ST Moderator: what do you mean Ricky?
Scott-ST Moderator: Scanning for type C's
Ricky Are you sending our the same calls that go out to the subscribers our just a bone here and there?
Scott-ST Moderator: same as what the swingtraders subscribe to
JQ thxs for throwing a old Dog a BONE... G. Scott!!
Ricky I guess i have to be curious as to why you're sending them out to non-subcribers.
Scott-ST Moderator: Ricky, because I am such a nice and handsome kinda guy
Ricky On the serious side though, if it goes out, and we take educational heed, then they don't come anymore, what's one to expect for future delivery of those educational tips?
JQ thandsome and nice.....I'm Leaving Calebo!!!
Scott-ST Moderator: LOL
Cale NO NO NO
Scott-ST Moderator: you just might Subscrib Ricky
JQ yapper I have already made my MIND up!!
Ricky So the subscription service is still up and running and these you sent to non-subscribers are just a tease?
JQ Sales make the World go round!!!
Scott-ST Moderator: might look at it like that Ricky
JQ Calebo NVDA may have had enough this am
Cale lol
Cale it will move up more this week
Scott-ST Moderator: SIGM went flat here during lunch
Scott-ST Moderator: Markets are pulling off their highs
Scott-ST Moderator: Any Questions??
Scott-ST Moderator: Triva time
JQ Well...G. Scott it's Wed. about time to hit the little ball
Ricky yapper
Scott-ST Moderator: who song this song [i]"revved up like a deuce,
another runner in the night
Blinded by the light, "[/i]
Cale off for Golf JQ?
Cale wow must be nice
Cale oh I know that song Scott
Cale Manfred Mann's
Cale http://www.youtube.com/watch?v=C6AFCJ1dLdg
JQ Catwoman's bat phone must have ringed on monday
Scott-ST Moderator: very good Cale
Scott-ST Moderator: lol JQ
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Ricky also Bruce Springstin
Cale Really? no way
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Scott-ST Moderator: wb anatta
anatta ty Scott
JQ http://www.youtube.com/watch?v=Qm68uujAGEk
Scott-ST Moderator: [img id=em-8]
Cale wow
Ricky came in late on that one Scott, but try again.
Scott-ST Moderator: took me for ever to figure out those lyrics
Scott-ST Moderator: could not understand what he was singing
Tony has logged out
Scott-ST Moderator: markets are coming off their HOD
Ricky has logged out
Dave has logged out
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Scott-ST Moderator: markets nearing HOD again
DaveL ONXX looks like it is ready for launch
Scott-ST Moderator: yep
Scott-ST Moderator: sure wants to run
Scott-ST Moderator: I think SIGM does also
Scott-ST Moderator: markets are in the oversold area but does have room to move up
JQ laters boyz c u !!!
JQ has logged out
Scott-ST Moderator: take Care JQ
Scott-ST Moderator: any Questions?
DaveL ONXX HOD here we come
Scott-ST Moderator: LOOKING AT NCC for a type C long
Scott-ST Moderator: we will pass on NCC, setup just wasn't right for our type C strategy
DaveL if it were not lunch...ONXX would be a buy at HOD right?
Scott-ST Moderator: well Dave, it is extended right now
JP Stop would have been on the large as well.
Scott-ST Moderator: just need some consolidation just below the HOD
DaveL OK...thanks
Scott-ST Moderator: Watching for possible Type C Buy on MENT 13.86
Scott-ST Moderator: Watching for possible Type C Buy on MENT 13.86
Scott-ST Moderator: Watching for possible Type C Buy on MENT 13.86
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Scott-ST Moderator: Markets still moving Higher
Scott-ST Moderator: MENT is getting closer
Scott-ST Moderator: if MENT triggers it be likly to move fast
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy MENT 13.86
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy MENT 13.86
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy MENT 13.86
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Scott-ST Moderator: UPDATE: Moving stop on MENT 13.71
Scott-ST Moderator: UPDATE: Moving stop on MENT 13.71
Scott-ST Moderator: UPDATE: Moving stop on MENT 13.71
Scott-ST Moderator: wb JP2
JP has logged out
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Scott-ST Moderator: hey Big
Scott-ST Moderator: Take care JP
bigb back
bigb hey scott
bigb the way the airport was you would think it is a holiday weekend or something
Scott-ST Moderator: lol
bigb looks like the market got a little too excited when i left
Scott-ST Moderator: sure did
limey Off to board and ski in vegas see you all tues( looking forward to some real market volume
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Scott-ST Moderator: wow Skining in Vegas?
Scott-ST Moderator: Skiing
bigb hopefully water skiing, though vegas has little water as well
bigb or maybe he is referring to an arcade game in vegas
Scott-ST Moderator: LOL
Scott-ST Moderator: well if he is off to board and ski I might assume snow, but I guess you can wake(board) ski in water.....
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Scott-ST Moderator: wb killer
Killer thanks
Scott-ST Moderator: everyone having a nice Lunch?
bigb mcdonalds bf right now
Drew having MENT for lunch
Mike22 has logged out
Scott-ST Moderator: lol
Scott-ST Moderator: STOPPED Consider exit in MENT
Scott-ST Moderator: STOPPED Consider exit in MENT
Scott-ST Moderator: STOPPED Consider exit in MENT
Cale Oh, well thats day trading
Mike22 has entered DayTrading Chat
Scott-ST Moderator: wb Mike
DaveL Scott...is consolidation enough to watch ONXX at HOD?
JP2 It needs to base closer to the HOD, stop would be nearly 3% at this point.
DaveL ok...thanks
Scott-ST Moderator: thanks JP
Scott-ST Moderator: JP is right we need at most a setup with a 1.5% stop
Scott-ST Moderator: HOD is 39.68
Scott-ST Moderator: and the last pull back, where you place the stop, would be 38.30
Ricky has entered DayTrading Chat
Scott-ST Moderator: wb Ricky
Scott-ST Moderator: Mean Ricky [img id=em-1]
Ricky What, you took a loss trade without me?
Scott-ST Moderator: Markets are pulling back off their highs here after lunch
Ricky I'm not mean, i'm just Republican.
JP2 Don't see anything worth playing......
Scott-ST Moderator: nope, not much right now
Ricky Why do you call me Mean, Scott?
Scott-ST Moderator: asking me if my training room is in an airport bathroom
bigb lol
Cale dont worry Ricky, he will get over it
Scott-ST Moderator: LOL
Ricky Oh. I was just playing off the recent news on the Iowa Senetor, misdeeds in the airport bathroom.
Scott-ST Moderator: oh, never read/saw that at all
Ricky You've got to be kidding.
Ricky It's all over the news.
Scott-ST Moderator: been so busy i have not been able to keep up with the news
Scott-ST Moderator: when did it happen?
bigb scott been busy drinking
Scott-ST Moderator: [img id=em-0][img id=em-0]
Ricky Couldn't resist the one on one offer.
Mike22 at one point yesterday, every news network had that guys press conference....
Mike22 he totally denied it (translation = guilty!)
Ricky No kidding though. I live in San Francisco. There are so many bathroom stalls with holes in the panels. No joke. Especially the depatment stores downtown.
bigb after he already plead guilty....then denied it when everyone found out
bigb lol ricky wow
Ricky It's well known around here that the activity goes on all the time.
Scott-ST Moderator: is he gay?
Ricky He denies it.
bigb claims he is not but how could you deny it now
Mike22 he said no..no..no..no.no..no x10 in the press conference (probably is)
Mike22 (not that there's anything wrong with that)
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bigb he "offered" a male undercover cop.......
Ricky He probably just hasn't figured out what that thumping sensation has been all these year in his backside.
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bigb lmao
bigb oh no
Scott-ST Moderator: [img id=em-0][img id=em-4]eeewwwww
Scott-ST Moderator: okay Gang the Markets are in the middle of todays Intraday Trading Range
Scott-ST Moderator: and not much action righ tnow
Scott-ST Moderator: we may see a break one way or the other
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Scott-ST Moderator: any trades setting up in the futures BigB?
bigb not right now
bigb if lod on ym breaks though, i would short it for a gap fill
bigb about 30 points away right now
bigb nothing too good on es
bigb markets are testing the pivot
bigb 60 min and 15 min hammer right now
Scott-ST Moderator: choppy
Scott-ST Moderator: DOW UP 107
Scott-ST Moderator: NAZ UP 27.30
Scott-ST Moderator: SPX UP 13.31
bigb good momentum bar through the pivot
bigb if you wanted to scalp you could buy a retracement
bigb hammers worked out well there
Scott-ST Moderator: yea?
Scott-ST Moderator: bit of a surge here
Scott-ST Moderator: looks like the markets want to test the HOD
bigb yup
bigb if we break lod now the market will tank
bigb all of these people buying up here would have to bail if it breaks it
bigb new high on adv/dec
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bigb looking a little toppy here
Scott-ST Moderator: almost a double top
bigb lightly shorting
Scott-ST Moderator: this is where the markets will make up its mind
bigb yes
bigb im not scaling up or adding....just playing it with a tight stop
bigb if i get stopped then at least we know which way this is going
Scott-ST Moderator: lol
bigb see if we can break back below 50
Scott-ST Moderator: still waitnig on the test of the HOD
Cale the markets seem a bit weak
Cale could be the Shorts getting out for the long weekend
bigb ya a lot of preholiday chop
Mike22 feels like a friday
Dave has entered DayTrading Chat
Scott-ST Moderator: as tomorrow is Thursday, MonthEnd and just before a holiday we may only trade the Morning session, we will see how it plays out tomorrow
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Scott-ST Moderator: we will have the training session at 11:15 if there is any intrest
Scott-ST Moderator: but we may just call it a day after the morning session
Scott-ST Moderator: Friday will be dead
Scott-ST Moderator: PDLI has been consolidating the rest of the day
bigb im gonna scratch this
bigb not getting any moves anywhere
Cale going flat?
Cale I have a short signal just about here
bigb giving it a second, if nothing happens or starts to move up ill scratch
Cale scratch = go flat?
bigb ya go flat
Scott-ST Moderator: there is the HOD
Cale someone light a fire under the futures
Scott-ST Moderator: DOW UP 166
Scott-ST Moderator: NAZ UP 37.51
bigb ya didnt see it moving there which was a warning sign for me
Scott-ST Moderator: SPX UP 20.39
bigb dont like to see it consolidating right under the hod if im short
Scott-ST Moderator: YEP
Scott-ST Moderator: brb gang need to step away for 10 min
JP2 has logged out
Drew brb training?
Scott-ST Moderator: Drew?
Scott-ST Moderator: brb = Be Right Back
Drew thought it was bathroom break
Scott-ST Moderator: LOL, and you were playing off of what Ricky was saying
Scott-ST Moderator: okay I get it now
Scott-ST Moderator: HA HA
Drew [img id=em-3]
Scott-ST Moderator: Any Questions?
Scott-ST Moderator: okay Gang we have just an hour left in the trading day
wizeman has entered DayTrading Chat
Scott-ST Moderator: hey Wizeman
Scott-ST Moderator: sleep in today?
wizeman LOL. outta town on business. Hope to catch a trade at the close
Scott-ST Moderator: as tomorrow is Thursday, MonthEnd and just before a holiday we may only trade the Morning session, we will see how it plays out tomorrow
mac has logged out
we will have the training session at 11:15 if there is any intrest but we may just call it a day after the morning session
Friday will be dead
Scott-ST Moderator: markets with another little pop
Killer has logged out
Scott-ST Moderator: today is just like a mirror of yesterday
Killer has entered DayTrading Chat
Scott-ST Moderator: WB Killer
Cale Big Good Luck with the rest of the day
Cale not sure I can mess around
bigb cool
Cale dont want to lose any profits for the day
Cale am out of here.
Cale Thanks Scott
Scott-ST Moderator: take care Cale
bigb good job cale
bigb see ya
Cale has logged out
Scott-ST Moderator: DOW UP 194
Scott-ST Moderator: NAZ UP 47
Scott-ST Moderator: SPX UP 23.61
Scott-ST Moderator: doesn't say too much huh
macias0 has logged out
bigb just glad i stopped out 8 points ago
bigb only lost a quarter
Scott-ST Moderator: lol
Scott-ST Moderator: nice job big
bigb thanks....always feels good to be congratulated when you lose money
bigb then you know you saved yourself some torment
Scott-ST Moderator: lol
Scott-ST Moderator: a quarter is much better then a few pts
bigb yup very pleased
Scott-ST Moderator: large volumes this afternoon
Scott-ST Moderator: seeing large contracts being traded in one lot
Scott-ST Moderator: CANCEL ALL ALERTS FOR TODAY
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