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********** Good Morning Everyone
********** Friday September 7th, 2007
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Scott-ST Moderator: Markets will be opening lower
Scott-ST Moderator: they didn't like the Employment Situation report this morning
Jen yw Scotty
Cale has entered DayTrading Chat
limey Numbers show more Bush lies
Scott-ST Moderator: gm Cale, No Mr. Today?
Cale gm
Cale lol limey
Ricky has entered DayTrading Chat
Scott-ST Moderator: gm Ricky
anatta has entered DayTrading Chat
anatta gm
Scott-ST Moderator: gm anatta
JQ has entered DayTrading Chat
Ricky has logged out
Drew has entered DayTrading Chat
Scott-ST Moderator: gm JQ
Scott-ST Moderator: gm Drew
Scott-ST Moderator: I have a large watch list today:
Drew gm all
JQ Gm G. Scott
Ricky has entered DayTrading Chat
davel has logged out
Scott-ST Moderator: CWTR GRMN ENER BIIB JNPR BMRN ONXX NUAN XRAY UNFI
Cale GM jq
JQ Hey Calebo how many points?
Cale 17
Cale DUDE!!!!
Cale HOME RUN
Cale I am so on cloud 9 right now!!
JQ GOOD JOB!!!!!
Cale what to come up and have drinks with me tonight, I will buy and fly ya
amlo has entered DayTrading Chat
Scott-ST Moderator: anyone see anything else out there this morning?
Scott-ST Moderator: wb amlo
Killer has logged out
JQ LOL
Killer has entered DayTrading Chat
Scott-ST Moderator: WB Killer
Killer gm Scott and all
Scott-ST Moderator: AAPL not doing so well
JQ that may be more like a Vegas trip DUDE!!!
Scott-ST Moderator: ADDING HOG
Scott-ST Moderator: Good Morning **** OPENING BELL *****
Scott-ST Moderator: Good Morning **** OPENING BELL *****
Scott-ST Moderator: Good Morning **** OPENING BELL *****
Scott-ST Moderator: KSS tanked today
Killer damn
Scott-ST Moderator: Watching for Type B Short at new low of the day on HOG 49.14
Scott-ST Moderator: Watching for Type B Short at new low of the day on HOG 49.14
Scott-ST Moderator: Watching for Type B Short at new low of the day on HOG 49.14
limey I have low at 48.97
DaveL has entered DayTrading Chat
Scott-ST Moderator: yep your right limey
Scott-ST Moderator: CANCEL HOG SHORT FOR NOW
Scott-ST Moderator: CHART WAS DELAYED
TraderChic i have hog low at 48.75 on das and 48.99 on scottrader
Cale ouch TEVA dipped a bit
Killer 48.99 on TS
Cale thats what I have
Scott-ST Moderator: POZN will move fast
Jen 2% on POZN
Scott-ST Moderator: Watching for Type B Short at new low of the day on CWTR 11.89
Scott-ST Moderator: Watching for Type B Short at new low of the day on CWTR 11.89
Scott-ST Moderator: Watching for Type B Short at new low of the day on CWTR 11.89
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short CWTR 11.89
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short CWTR 11.89
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short CWTR 11.89
Scott-ST Moderator: UPDATE: Moving stop on CWTR 12.01
Scott-ST Moderator: UPDATE: Moving stop on CWTR 12.01
Scott-ST Moderator: UPDATE: Moving stop on CWTR 12.01
DaveL POZN?
Scott-ST Moderator: Stop would be too wide
DaveL need more consolidation?
ddj has entered DayTrading Chat
Scott-ST Moderator: yep right at these levels
ddj gm all
Scott-ST Moderator: gm ddj
anatta JNPR
Scott-ST Moderator: STOPPED Consider exit in CWTR
Scott-ST Moderator: STOPPED Consider exit in CWTR
Scott-ST Moderator: STOPPED Consider exit in CWTR
Ricky ty
tc has logged out
Cale yes ty
Scott-ST Moderator: good trading gang
Jen what?
Scott-ST Moderator: take the profit on this one
Ricky Are you sure you don't want to take a profit bell on that one?
Jen it did hit profit, he sent wrong message
Ricky Profit text
Jen it didn't stop out
wizeman gc Scott. Thanks.
Jen absolutely!
Scott-ST Moderator: good job wizeman
Scott-ST Moderator: the Q's have a short signal setting up
Scott-ST Moderator: DOW DOWN 141
Scott-ST Moderator: NAZ DOWN 32.17
Scott-ST Moderator: SPX DOWN 17.40
JQ You can call me ray!!! You can call me rayray!!! But don't call me rayrayray!!!
Cale lol
Jen gotta run guys, see you next week
Cale YQ, you funny dude
JQ laters Batwoman
Jen bye JQ
Jen has logged out
Killer will you let us know Soctt re: the Q's short?
Scott-ST Moderator: I can do that
Killer thanks
Scott-ST Moderator: CWTR LOD
DaveL still have 1/2....thanks Scott...re: CWTR
JQ GJ
Scott-ST Moderator: good JOB Dave
Scott-ST Moderator: what's your stop?
Killer Scott are you adding CWTR for another short?
Scott-ST Moderator: no, i was just pointing out that it was at a new LOD
Cale good Job Dave, I should have done the same
Killer ok
DaveL my stop is .70 on the second half of CWTR now
Scott-ST Moderator: nice
DaveL how about POZN now?
Scott-ST Moderator: OAKY Gang if we can get a small pop in the Q's we will short
Scott-ST Moderator: 48.55 I will be shorting the Q's
JQ Ok Boyz have to catch up with Batwoman ...Have a GOOD weekend!!!!
Scott-ST Moderator: POZN is too extended at this point
JQ has logged out
Scott-ST Moderator: okay Short the Q's
Mana has entered DayTrading Chat
Killer what's your stop on the Qs?
Mana gm all
Scott-ST Moderator: 49.05
Scott-ST Moderator: gm Mana
Killer are you looking for 1% on the Qs?
Scott-ST Moderator: almost
Scott-ST Moderator: looking for 48.15
wizeman gotta go guys. See ya Monday.
wizeman has left the room
TraderChic has logged out
Scott-ST Moderator: take care wize
anatta Scott, good call on Qs
Scott-ST Moderator: so far so good
Scott-ST Moderator: let's not cound our chicks, until they are all hached
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CWTR
Scott-ST Moderator: BTW that was 1% profit on CWTR
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CWTR
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CWTR
Scott-ST Moderator: it was pointed out to me that the alert was just Consider exit
Scott-ST Moderator: but it was profit
Scott-ST Moderator: CWTR lod
Scott-ST Moderator: very nice DaveL
Scott-ST Moderator: if your still holding
DaveL just got out...thanks
Ricky What just happened?
Scott-ST Moderator: Ricky, i just sent the wrong message on CWTR at 9:47
Scott-ST Moderator: so I sent the correct one just now
Scott-ST Moderator: it's all good
Ricky ah, yes. I had advised you of such when you rang the bell but sent the text. Hey, just want to get credit when credit is due.
Ricky I may go for a promotion in this room.
Scott-ST Moderator: lol
Scott-ST Moderator: [img id=em-10]
DaveL POZN acts great....still staying away?
TraderChic has entered DayTrading Chat
TraderChic a little Italian culture for you all
TraderChic http://youtube.com/watch?v=A_lZyvf7P58
TraderChic Pavarrotti's greatest!
JP POZN stop is huge.
Scott-ST Moderator: he was good
Scott-ST Moderator: a ledgen
TraderChic has left the room
TraderChic has entered DayTrading Chat
TraderChic Nessun Dorma
Scott-ST Moderator: right now yes dave
TraderChic 3 min long
TraderChic watch and listen
TraderChic goose bumps and chills are an understatement
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Scott-ST Moderator: markets giving it up
Cale that was cool, TraderChic, thanks for sharing
Scott-ST Moderator: Q's are doing well
Scott-ST Moderator: and looking at LOD
Scott-ST Moderator: DOW DOWN 200
Scott-ST Moderator: NAZ DOWN 45.92
Scott-ST Moderator: SPX DWON 22.70
Scott-ST Moderator: so as we have .75% profit on the Q's might consider taking some profits off the table here
Scott-ST Moderator: and moving the stop to break even
Scott-ST Moderator: I am going to move my stop to break even and keep 100% in for right now
Scott-ST Moderator: just a suggestion
Scott-ST Moderator: anyone with big plans for the weekend?
Scott-ST Moderator: did you know a Plain can Plan to fly a straight Plane?
Scott-ST Moderator: the Q's just hit my target, I am going to take 1/2 and move my stop to 48.33 in the money
Cale SWEET Scotty Scott
Cale Thanks!!
Drew perfect timing on Q's, Scott!
Scott-ST Moderator: thanks, my Indicator Profile worked Perfect on this one
Killer thanks Scott
Killer have a great weekend guys
rayray thanks
Scott-ST Moderator: take care Killer
Killer see you Monday
Scott-ST Moderator: have a good weekend
Killer has logged out
TraderChic scott it say on the website there is a futures trading room
TraderChic sp futures
Scott-ST Moderator: we trade the S&P EMinies
TraderChic is the room still open
Scott-ST Moderator: we took the summer off and will pick that back up hear soon
Scott-ST Moderator: have you traded the EMinies before?
TraderChic yea
TraderChic who runs that room
Scott-ST Moderator: I will be running the room once we get it going again
TraderChic how soon
Drew who makes the coffee?
TraderChic are you going to trade the Q's in the room as well?
Scott-ST Moderator: I will be doing the Q's in this room
Scott-ST Moderator: I think the 17th is the kick off for the Eminis
TraderChic how do they trade like a stock?
TraderChic cool are you getting help to run both rooms
Scott-ST Moderator: Drew, I have someone come inand make my coffee
Drew [img id=em-10]
Scott-ST Moderator: and she does a great job, now if I could get her to make me Breakfast
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL Monday Morning [img id=em-10]
Scott-ST Moderator: we will keep our type A active although I dont see any way it will get up to our target
Scott-ST Moderator: a Good week in the Swing Trading
Scott-ST Moderator: I do not expect our Friday Picks hitting target either
Scott-ST Moderator: but we will keep an eye on them
Scott-ST Moderator: I will be here for a bit with any Questions
Scott-ST Moderator: Any Guesses, Fed's Cut or not to Cut??
Cale I say Not to Cut
Cale would just kill the Dollar
Scott-ST Moderator: Moving my Q's Stop to 48.26
JP I think they cut. .25
Cale really
Drew shorts will be looking good if they don't cut
Cale buy gold now
Cale if its more then .25 OMG, I just cant fathem the mess
Drew agreed
Cale cutting the rates really will not hlep the people much, they still cant borrow
TraderChic fed cant cut and if they do that means things are really bad
Cale yep
Cale they just need to let the Econ work it's self out
Cale inflation is just going to be so crazy by the holiday seassion that no one will be buying anything
Cale unless your like us and are short each day inthe markets and making huge $$$$
Drew [img id=em-8]
Scott-ST Moderator: Snowball effect
Scott-ST Moderator: could be crazy
Scott-ST Moderator: any one watching CNBC they are all red faced and uptight
Scott-ST Moderator: Markets making new LOD
JP Kudlow's head is going to explode.
Scott-ST Moderator: LOL
Scott-ST Moderator: did you see Rick early this morning, he was crazy also [img id=em-0]
Drew Bolling botled to Fox
Cale ?? huh?
Drew Fast Money's Eric Bolling left CNBC for Fox
Cale Drew, the weekend hasnt started just yet, put down the ****tail
Cale oh did he?
Cale wait, which one was he?
Scott-ST Moderator: LOL
Scott-ST Moderator: anyone still with me on the Q's??
Scott-ST Moderator: anyone?
anatta Did you go long?
DaveL still have 1/2...thanks Scott
Drew im out
Scott-ST Moderator: nope still short
Scott-ST Moderator: good job Dave
anatta I'm out and watching to go long.
Scott-ST Moderator: good trade Drew
Scott-ST Moderator: I would not expect a long signal today
Scott-ST Moderator: I would not short right now either
anatta OK, TY Scottie
Mana has logged out
TraderChic wow eric bolling is the man
TraderChic they are going to poach the best cnbc has to offer
TraderChic i will watch fox just for bolling
TraderChic but he f'ed up with the iphone
marcusid I missed your Q short. But in my gut (not a technical tool), I feel there will be a big sell off by the end of the day, even if there is a counter-trend beforehand. I see (in my crystal ball) curbs ....So, I'm going short the Q's (by QID) now. Having said all that, my stop is at tight (.5%)
TraderChic the last dow double top
TraderChic and this recent bottom you will see
Scott-ST Moderator: have my toes crossed for you marcus
marcusid that's good for a 1% profit!
Scott-ST Moderator: DOW DOWN 236
Scott-ST Moderator: NAZ DOWN 56.37
Scott-ST Moderator: SPX DOWN 25.56
TraderChic has logged out
anatta Have a good weekend traders. Bye.
anatta has logged out
Scott-ST Moderator: take care anatta
Scott-ST Moderator: anyone with any Questions?
Scott-ST Moderator: I am going to take off for a bit, but will check back in a bit later
Cale me too
Cale but I will not be back see everyone Monday!!
Cale have a great weekend everyone
Cale ++++ Missed you today BIGB +++++
Cale has left the room
DaveL qqqq....you out scott?
Drew has left the room
marcusid Scott: are you done trading (A,
marcusid ...B & C types?
TraderChic has entered DayTrading Chat
marcusid FYI: I changed by short on the Q's to a LONG during the lunch hours, playing a counter-trend strategy. Still going with my gut sell-off later in the day. I sure wouldn't want to be long into the week-end.
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rayray later
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Scott-ST Moderator: okay Gang I am Flat on the Q's right now
Scott-ST Moderator: keep your eye on it during lunch
Scott-ST Moderator: marcus at 11:03 I CANCELED ALL type B alerts
Scott-ST Moderator: until monday
Scott-ST Moderator: be back in a bit
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bigb see you guys monday
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