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********** Good Morning Everyone
********** Thursday October 4th, 2007
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Cale has entered DayTrading Chat
Stockdancer has entered DayTrading Chat
Scott-ST Moderator: gm Cale
Scott-ST Moderator: gm Stockdancer
JQ GM dingdong
doug crox
JQ GM G Scott
Scott-ST Moderator: ty Doug, we will keep CROX top of the watch list
Scott-ST Moderator: also have MYGN on my list
gm has entered DayTrading Chat
Cale good Morning JQ
Cale morning Everyone
gm has left the room
Tony has entered DayTrading Chat
Scott-ST Moderator: gm Tony
anatta has entered DayTrading Chat
Scott-ST Moderator: gm anatta
Tony gm Scott and all
anatta gm all
Cale gm Tony
Cale gm anatta
barrister has entered DayTrading Chat
Scott-ST Moderator: for those in the SwingTrades BCSI did a split this morning and we will adjust the prices accordingly
anatta hiya Cale and Scott
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
doowop has entered DayTrading Chat
nm has entered DayTrading Chat
Scott-ST Moderator: gm doowop, nm
Scott-ST Moderator: Markets up a bit this morning
nm gm all
doowop gm, Scott, everyone
limey LNET close but no vol
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy LNET 27.26
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy LNET 27.26
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy LNET 27.26
limey vol 2700 ! not for me
Allende Me either--we could make the market ourselves by trading the stock
Scott-ST Moderator: VERY Thin right now, but the daily avg is in our range for Volume
Tony still 1% profit, Scott?
Scott-ST Moderator: Good Job limey, not taking the trade if it does not fit your Plan!!
Scott-ST Moderator: yes Tony
Cale too fast of a spike to try to get more then 1%
Scott-ST Moderator: we also will not change anything on type A's
Scott-ST Moderator: Consider Taking Profits Gang
Scott-ST Moderator: don't always feel you have to take exactly 1%
JQ HOG hit the gap
Scott-ST Moderator: good one to keep an eye on
Scott-ST Moderator: chart looks good, and a nice GAP to fill
limey Yes I was in at 50.01 my first payment is due Fri
Cale huh?
JQ lol
limey I want to pay for my Harley trading HOG
Cale lol, that's awesome!!
Cale is BMW a traded stock?
JQ O cool
Scott-ST Moderator: BOBJ Giving it all up
limey $300 and out that works
Cale who cool is that??
Scott-ST Moderator: Markets still moving lower with room to go lower
JQ who's on first?
limey HOG I take every 1/2 % as it seldom moves 1%
Cale whats on 2nd?
Cale how cool is that?
Cale how
Cale how now brown cow
Cale how
JQ LOL
Scott-ST Moderator: ANN now giving it up from yesterday
barrister has left the room
Cale OMG, this LNET is cracking me up
Cale good call limey, volume = nada nada lemonada
limey We would have to sell it back and forth to each other
JQ calebo did you for get to take your medication?
Cale LMAO
barrister has entered DayTrading Chat
Cale Check out HOG pulled back almost 2% from the HOD
Scott-ST Moderator: wb barrister
doowop Scott, I was too slow on LNET. Do I buy if it goes to 27.26?
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Scott-ST Moderator: we stand by our trades
Scott-ST Moderator: but I would avoid this one doowop to be honest
Scott-ST Moderator: very low volume, it is holding while the marets move lower
doowop thanks
Scott-ST Moderator: DOW UP 1
Scott-ST Moderator: NAZ DOWN 9.43
Scott-ST Moderator: SPX DOWN 1.02
Scott-ST Moderator: anyone in LNET sould have your stop set to breakeven
limey I am leaving early this week to get my townhouse ready for a new tennant and missed getting creamed yesterday did any of you guys get hit bad
Cale not my best day, but wasn't too bad
Scott-ST Moderator: Watching for Type B Short at new low of the day on BOBJ 47.09
Scott-ST Moderator: Watching for Type B Short at new low of the day on BOBJ 47.09
Scott-ST Moderator: Watching for Type B Short at new low of the day on BOBJ 47.09
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short BOBJ 47.09
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short BOBJ 47.09
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short BOBJ 47.09
Scott-ST Moderator: UPDATE: Moving stop on BOBJ 47.87
Scott-ST Moderator: UPDATE: Moving stop on BOBJ 47.87
Scott-ST Moderator: UPDATE: Moving stop on BOBJ 47.87
Scott-ST Moderator: Quick coffee refill brb
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in LNET
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in LNET
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in LNET
Killer huh?
Cale Well that worked out
Scott-ST Moderator: what killer?
Tony ty Scott. u got ur crystal ball back
Scott-ST Moderator: Lets Hope
Killer I don;t see it reaching target at 27.53?
Cale its sitting at 27.60 right now
Killer weird... I only have 27.50 as HOD
Killer and I have it sitting at 27.38 right now
Cale time do log off and relog on to your platform
Cale hi is 27.66
Scott-ST Moderator: are/were you in Killer?
Killer nope.. too thin for me
Cale HOG Falling down
Killer restarted... everythign updated now
Killer TS has been having these issues...
Killer There we go again! It just told me "real-time data is currently unavailable"
Cale wow, How do you trade like that?
Killer This hasn;t happened before
Cale JQ your quiet this morning
Killer I had another issue last week, but nothing as bad as this
Killer is anyone else having problems with TS?
Scott-ST Moderator: give them a call, see if it's just you or if your one of a larger issue
JQ over served on the golf course!!!
Cale oh no, didn't get off on the right FOOT this morning?
JQ LOL
Cale a bad trade in the morning can be as bad as a cut in your Akilles Heal
JQ your making my head hurt!!!!
Cale sorry Brobro
JQ LMAO
Cale see if this helps
Cale http://youtube.com/watch?v=QGlUIMN8-jQ
JQ omg!!!
Cale that guy cracks me up
JQ LOL
JQ oooooooooooooooooooooommmmmmmmmmmm
Scott-ST Moderator: DOW UP 3
Scott-ST Moderator: NAZ DOWN 3.87
Scott-ST Moderator: SPX UP 0.99
Cale I need a Tissue
Cale The Martha Stewart Wedding on the today show is almost over
Cale sniff sniff - they are getting married on Sunday
Scott-ST Moderator: [img id=em-0] = Cale
Scott-ST Moderator: Markets are right in the middle of todays Trading Range
Scott-ST Moderator: we may see a choppy lunch
Scott-ST Moderator: be conservative with your trades until we see some type of Trend in the Markets
Scott-ST Moderator: DOW UP 6
Scott-ST Moderator: NAZ UP 1.09
Scott-ST Moderator: SPX UP 2.82
Scott-ST Moderator: Markets are moving higher testing the HOD
Scott-ST Moderator: well the NAZ and SPX are, the DOW is getting left behind
Scott-ST Moderator: LIFC new HOD
Cale JQWAKEUPICANTHEARYOUUPHEREINCOLORADO
Scott-ST Moderator: there is the S&P with a HOD
Scott-ST Moderator: rolling into lunch
Jim has entered DayTrading Chat
Scott-ST Moderator: GM Jim
Scott-ST Moderator: STOPPED Consider exit in BOBJ
Scott-ST Moderator: STOPPED Consider exit in BOBJ
Scott-ST Moderator: STOPPED Consider exit in BOBJ
barrister has left the room
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS FOR LUNCH
Scott-ST Moderator: Scanning for type C's
Scott-ST Moderator: not seeing much for type C's at this point gang
Scott-ST Moderator: Markets are pulling off their HOD
Scott-ST Moderator: DOW DOWN 1
Scott-ST Moderator: NAZ UP 2.82
Scott-ST Moderator: SPX UP 2.04
anatta SIGM
Scott-ST Moderator: right in Recent Trading Range
JQ Laters gang !!!!
Scott-ST Moderator: Take care JQ
JQ has logged out
Scott-ST Moderator: Watching for possible Type C Short on PDLI 23.84
Scott-ST Moderator: Watching for possible Type C Short on PDLI 23.84
Scott-ST Moderator: Watching for possible Type C Short on PDLI 23.84
Scott-ST Moderator: TYPE C Trade (Top). Consider Short PDLI 23.84
Scott-ST Moderator: TYPE C Trade (Top). Consider Short PDLI 23.84
Scott-ST Moderator: TYPE C Trade (Top). Consider Short PDLI 23.84
Scott-ST Moderator: UPDATE: Moving stop on PDLI 23.96
Scott-ST Moderator: UPDATE: Moving stop on PDLI 23.96
Scott-ST Moderator: UPDATE: Moving stop on PDLI 23.96
Stockdancer has logged out
Cale has logged out
Scott-ST Moderator: UPDATE: Moving stop to entry PDLI
Scott-ST Moderator: UPDATE: Moving stop to entry PDLI
Scott-ST Moderator: UPDATE: Moving stop to entry PDLI
Scott-ST Moderator: UPDATE: Moving stop to entry PDLI
Scott-ST Moderator: we just won't risk anything on this one gang
Scott-ST Moderator: any Questions?
Scott-ST Moderator: ARRY is getting closer
doug has logged out
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doug has entered DayTrading Chat
Scott-ST Moderator: wb doug
Scott-ST Moderator: take a lunch break?
Scott-ST Moderator: DOW DOWN 2
Scott-ST Moderator: NAZ DOWN 0.64
Scott-ST Moderator: SPX UP 0.90
wizeman has left the room
Scott-ST Moderator: Watching for possible Type C Buy on ODP 21.17
Scott-ST Moderator: Watching for possible Type C Buy on ODP 21.17
Scott-ST Moderator: Watching for possible Type C Buy on ODP 21.17
Allende PDLI came within a penny of 1%
Scott-ST Moderator: Did anyone grab some profit ??
JP Anyone playing RIMM earnings tonight?
Scott-ST Moderator: JP are you? if you do are you going to use a 10 foot poll?
JP I will be watching, not playing.
JP My bet is earnings/guidance are better than expected and it goes higher tomorrow. But who knows how big the drop would be if they make 1 negative comment.
Scott-ST Moderator: exactly
Scott-ST Moderator: ARRY getting closer
Scott-ST Moderator: not too much movement in the markets at all
Cale has entered DayTrading Chat
Cale hey, what did I miss??
Scott-ST Moderator: wb Cale
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PDLI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PDLI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PDLI
Cale Doh, Missed that one
anatta gj
Jim has logged out
Scott-ST Moderator: ty anatta
Cale gj that I missed it?
anatta that's right Cale!
Cale [img id=em-1]
Scott-ST Moderator: oh I thought that gj was for me
anatta don't cry
anatta it was for you Scott
Scott-ST Moderator: lol
anatta Cale has been too busy counting all his ES $
JP Jobs numbers tomorrow....positive or negative for the month?
Cale LOL, missed that also, down 3 pts
Cale I just want to cry today
anatta ok, a good cry is healthy
Cale ty
Allende ODP close
Killer ty Scott on PDLI
Scott-ST Moderator: good job Killer
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Killer ODP
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy ODP 21.17
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy ODP 21.17
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy ODP 21.17
doug has entered DayTrading Chat
Scott-ST Moderator: WB DOUG
bigb has entered DayTrading Chat
Scott-ST Moderator: UPDATE: Moving stop on ODP 21.01
Scott-ST Moderator: UPDATE: Moving stop on ODP 21.01
Scott-ST Moderator: UPDATE: Moving stop on ODP 21.01
bigb hey guys
Scott-ST Moderator: Hey Big
bigb I am in the process of transferring my account so I havent been able to trade this week
Cale my trading hasn't been good this week, wish was trransfering my account too
anatta Cale, you can transferr your acct to me and take the week off
Cale really sweet!!
Cale why the trx big?
bigb got offered a better rate
Cale what do you pay now if you dont mind me asking?
bigb 3.00 RT
bigb was 2.82 though
Cale wow, so my 4.50 is way too high huh?
doug just out of curiosity, who out there is getting the best equity trade rate? Mine is $5 per trade.
bigb no that sounds about right cale...
bigb depends on greatly on your volume
Cale better then me doug, I am 9.95
Cale how do I get 3.00
doug i trade fairly heavy volume with td, have a neg. rate, but it still adds up.
Cale you have a neg rate?
doug negotiated
Cale ah
bigb if you trade big volume with futures, I recommend getting an electronic membership with cme
bigb yes cale, I have a negotiated rate
Cale how big is big volume?
Cale you have a membership?
Cale but dont you have to be a company? and the cost is about $1050 per year?
Killer has logged out
bigb I recently had a leased one, but did not renew it
Killer has entered DayTrading Chat
bigb big volume is 15,000 - 1000000+ a month
bigb you do not have to be a company
bigb but if you trade a few thousand a month you should be able to get your rate down to at least 4 or lower
Cale is that membership what they call a seat?
bigb yes
Cale the volume is that one in and one out?
Cale or RT?
Scott-ST Moderator: Markets Very Choppy today...
Scott-ST Moderator: DOW UP 1
Scott-ST Moderator: NAZ FLAT
Scott-ST Moderator: SPX UP 2.05
bigb rt
Cale so you just tell your broker that you have a seat and they dont charge the fees? just their fees?
bigb your broker should assist you in setting up your seat, and yes the fees are significantly lower
Cale but you pay the $1000 each year?
bigb ya you have to pay the lease fee or buy a seat.
Cale so you just need to make sure, which I am sure is easy, that you trade enough to cover that 1000
bigb it is a monthly fee though and is much more than 1000 a year
Cale really how much?
bigb you will probably pay at least 1000 a month
Allende Doug: is TD =waterhouse? (everyone): I do substantial volume and am getting a 005 per share rate. No maximum per trade, so cost per trade variess on the # shares. Can anybody give me some reccomendations as to changing brokers (currently using TS) where I might get a better rate?
doug td is ameritrade, used to be waterhouse.
doug 9.99 per trade, no min or max is their regular price.
doug if you do substantial volume, they will go lower.
Allende Doug: do you get good fills (because they aren't considered direct access are they?)?
doug i have streaming quotes, and i can choose where to route the order to. fills are pretty good, although you still have to deal with market-maker games.
Cale $1000 amonth, OMG
Cale are my fees that high, hummm need to do the math I guess
bigb your fees are good for a low volume trader
bigb you would need to be trading thousands before it would make a difference
Cale cool
Cale JP, there?
JP Yes
Cale what Channel is the Rockies on?
JP 247 I think
JP TBS
Cale ty
JP You a big Rockies fan?
bigb he loves the dbacks
Cale nope, not at all, but now that the Games count
Cale NOT
JP I can't watch baseball.....its just so boring.
bigb went to the game last night
bigb cant make it today though
Cale who they Playing?
bigb cubs
Cale I am going to the Rockies on Sunday, I think
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Cale BOBJ Giving it back
Scott-ST Moderator: note the 3 RED candles at the Open
Scott-ST Moderator: STOPPED Consider exit in ODP
Scott-ST Moderator: STOPPED Consider exit in ODP
Scott-ST Moderator: STOPPED Consider exit in ODP
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Scott-ST Moderator: wb nm
nm hi scott
Scott-ST Moderator: Very Choppy
Scott-ST Moderator: DOW DOWN 8
Scott-ST Moderator: NAZ DOWN 3.26
Scott-ST Moderator: SPX UP 0.65
Cale LOL, was there any Range in the Day?
Scott-ST Moderator: DOW back down below 14,000
Scott-ST Moderator: One Hour Left in the Trading Day
Cale HERE WE GO ROCKIES HERE WE GO
Scott-ST Moderator: CANCEL ALL TYPE ALERTS FOR TODAY
nm have a good one..until tomorrow
Scott-ST Moderator: tc nm
nm has logged out
anatta bye bye
anatta has logged out
Cale COL 1 PHI 0
Cale COL 2 PHI 0
Cale COL 2 PHI 1
Scott-ST Moderator: I would expect RIMM to take off here soon
Scott-ST Moderator: keep an eye on it's earnings
Scott-ST Moderator: 23.5 Million Shares Traded
bigb what time is earnings
Scott-ST Moderator: after the market's closing bell
bigb ah ok
Scott-ST Moderator: Wall Street is expecting revenue to more than double from the same period last year to $1.36 billion. Earnings are expected to be 50 cents a share, according to consensus forecasts
bigb new hod
bigb for rimm
bigb wow quite a mover with these earnings
Scott-ST Moderator: it
Scott-ST Moderator: it's that season again
Charlie i think ARRY triggered
Scott-ST Moderator: we canceled the alerts (15:05) before it triggered
Charlie right
bigb took some good profits there in the ym
bigb for some reason they were pushing it down when the other markets were holding. Took out the low by one point and reversed
Scott-ST Moderator: nice
nick has logged out
bigb see you guys monday
Cale RIMM on fire
Cale later Big
bigb cant trade the es until then and ym is a little while so i think ill sit tomorrow out
bigb while=wild
bigb later
bigb has logged out
Cale COL 2 PHI 3 :(