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********** Good Morning Everyone
********** Wednesday October 24th, 2007
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Drew has entered DayTrading Chat
Scott-ST Moderator: gm Drew
JP So we are only looking for a short on TASR?
Scott-ST Moderator: I am thinking TMTA is a bit thin up until now
kami has entered DayTrading Chat
kami gm
Scott-ST Moderator: correct JP, we will only short (fill the gap) TASR
Scott-ST Moderator: GM kami
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Scott-ST Moderator: gm anatta
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Scott-ST Moderator: gm JQ
anatta gm Scott and traders
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Cale has left the room
JQ GM G. Scott
Killer has logged out
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JQ GM Calebo
JQ wb
Cale GM
Scott-ST Moderator: gm Cale
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Cale ty JQ, and GM to you my trading friend
Scott-ST Moderator: Markets will be opening a bit lower this morning
Scott-ST Moderator: seems like CELL will be canceled, keep an eye on the opening price
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Scott-ST Moderator: gm nick
nick gm
Scott-ST Moderator: have my eye on SUPX
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Scott-ST Moderator: GM doowop
doowop gm all
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
Scott-ST Moderator: Good Morning **** OPENING BELL ****
JQ EFII
Allende Is CELL cancelled because it opened above entry or is still a buy at the entry price?
Scott-ST Moderator: CANCEL CELL
Scott-ST Moderator: YES, THANKS Allende
Scott-ST Moderator: ty JQ adding
Allende How come its still not a buy if it drops back to entry shortly after the open?
Scott-ST Moderator: spread on EFII is all over the place
Scott-ST Moderator: well it opened past our target
Scott-ST Moderator: auto matic cancel
Scott-ST Moderator: it still might workout
JP GRMN new highs
Scott-ST Moderator: i will keep an eye on that one
Scott-ST Moderator: DOW DOWN 50
NAZ DOWN 27.13
Scott-ST Moderator: SPX DOWN 8.41
Cale go ISRG go
JQ SPWR
Cale dead this morning
Jen you or the market
Cale lol Both
JQ LMAO
Scott-ST Moderator: markets are starting to look weaker here at their highs
Scott-ST Moderator: let's just not force a trade
Scott-ST Moderator: Just Remember we have only 61 Days until Christmas
Scott-ST Moderator: Existing Home Sales @ 10:00 ET
Scott-ST Moderator: may see some movement
Jen oh Scott, you're killing me!
Jen with the Christmas countdown that is
Scott-ST Moderator: [img id=em-10]
JP Did you take SPWR JQ?
JQ I'm in JP
Cale JQ, I have been playing that 4am to 7am ES play
JP I just got out. 109.90 to 110.57
Scott-ST Moderator: good jpb JP
Scott-ST Moderator: PETM is getting close
JQ Calebo how many points
Cale 5
Cale first 2 then 3
Cale interesting plays
Cale been doing that all week so far
Cale but it gets reall choppy around 8:30 EST
Scott-ST Moderator: Markets didnt like the Housing News
JQ JP 109.97 to 111.01
Scott-ST Moderator: very nice JQ
JQ ty Scottbo!!
JP Very nice.
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short PETM 27.95
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short PETM 27.95
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short PETM 27.95
Scott-ST Moderator: wow TASR
JP CEO must have tasered someone during an interview.
JQ LOL
JQ maybe Haines!!!!!
JP I wish.
JP That would be some good TV.
JQ I would allmost give up a crystal to see Haines get TASERed
Cale lol
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Scott-ST Moderator: Well Gang just no Setups right now
JP QLGC not worth a play?
Scott-ST Moderator: at the HOD?
JP Yeah
Scott-ST Moderator: maybe, but the stop is not ideal
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Scott-ST Moderator: DOW DOWN 65
Scott-ST Moderator: NAZ DOWN 34.61
Scott-ST Moderator: SPX DOWN 9.79
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Scott-ST Moderator: wb Max
MaxTrader ty
Scott-ST Moderator: Markets Testing Lower Lows
Scott-ST Moderator: Lower Lows
Scott-ST Moderator: the Markets are on a move but the stocks seem to be just sitting there
Killer Scott, do you think it's a good time to move PETM stop to entry? Or is that too tight?
JP Financials taking a dump
Allende I did
Scott-ST Moderator: Yes Killer
Robbeaux where to?
Scott-ST Moderator: entry
Scott-ST Moderator: 27.95
Scott-ST Moderator: we will not move our stop
Scott-ST Moderator: as it is a type A setup
Robbeaux thnx
Scott-ST Moderator: type A's Are set in stone, but feel free to move and exit as you feel comfortable with
Scott-ST Moderator: and you can always ask for stops
Scott-ST Moderator: DOW DOWN 136
Scott-ST Moderator: NAZ DOWN 54.58
Scott-ST Moderator: SPX DOWN 19.88
Scott-ST Moderator: MOVING INTO LUNCH GANG
Robie Where do we cover Petm?
Cale set it to your entry Robie
Cale Scott answered that at 10:54
Robie Thanks
Killer Robie, your target stays at 1% and stop at entry. If I didn't get in at Scott's amount, I set the stop MY entry.
Scott-ST Moderator: yes, you should use Your Entry as the stop
Robie thanks
Cale are we going to see the PPT come into play?
Scott-ST Moderator: dont think so Cale
Scott-ST Moderator: but what do I know
Scott-ST Moderator: Well any Questions?
Scott-ST Moderator: Comments?
Scott-ST Moderator: could consider moving your stop on PETM to 27.82 (In The Money)
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PETM
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PETM
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PETM
Scott-ST Moderator: once the markets find some type of a bottom we will start scanning for type C's
Scott-ST Moderator: Questions?
Scott-ST Moderator: have a personal Stock your working?
25eagle qqqq
anatta Scott, How about a short on AMZN at LOD?
JP To late to short AMZN, IMO. The S&P is also right near strong support at the 1490 area,
anatta Thanks JP
Allende How about AMZN LONG
Scott-ST Moderator: could work out anatta
anatta No support at it's 50
Scott-ST Moderator: yep eagle, the Q's had a nice short signal
anatta Scott, I'd like to trade more of the Qs.
Scott-ST Moderator: okay anatta, I will work on that
anatta ty
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Scott-ST Moderator: I will make suggestions on the QQQQ nothing Official at this point
anatta Of course!
25eagle I got short at 53.77 and just got out at 52.77 but i am new to this site and enjoy all the knowledge everyone has
Scott-ST Moderator: nice trade eagle
anatta gj eagle
25eagle I also trade vlo,cvx, and the dia. But I am HORRIBLE at identifying a short or long setup and need your help badly to figure that out
Scott-ST Moderator: sure np
Scott-ST Moderator: it may not fit our strategy but I can give you Ideas
25eagle I missed your training session yesterday as I am slow on setting up that account. Stupid huh? I will get with it
Scott-ST Moderator: no problem
Scott-ST Moderator: we will do it again next Tuesday
Scott-ST Moderator: go ahead and get that setup now, or when you have time
25eagle k
Scott-ST Moderator: Watching for possible Type C Buy on STX 26.71
Scott-ST Moderator: Watching for possible Type C Buy on STX 26.71
Scott-ST Moderator: Watching for possible Type C Buy on STX 26.71
Scott-ST Moderator: Watching for possible Type C Buy on CSE 17.26
Scott-ST Moderator: Watching for possible Type C Buy on CSE 17.26
limey Just got selected for LED Zeppelin tickets will be of to England after Thanksgiving
Robie cse
JQ laters gang t c
Scott-ST Moderator: TC JQ
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JP 1% AMZN
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy STX 26.71
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy STX 26.71
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy STX 26.71
anatta Nice trade JP
Scott-ST Moderator: UPDATE: Moving stop on STX 26.49
Scott-ST Moderator: UPDATE: Moving stop on STX 26.49
Scott-ST Moderator: UPDATE: Moving stop on STX 26.49
Scott-ST Moderator: UPDATE: Moving stop to entry STX
Scott-ST Moderator: UPDATE: Moving stop to entry STX
Scott-ST Moderator: UPDATE: Moving stop to entry STX
Robbeaux stop on cse
JP CSE is not an open trade
Scott-ST Moderator: are you in Robbe?
Scott-ST Moderator: are you in CSE?
Scott-ST Moderator: DOW DOWN 134
Scott-ST Moderator: NAZ DWON 52.97
Scott-ST Moderator: SPX DOWN 19.40
Scott-ST Moderator: Markets are pulling off it's bottom
Scott-ST Moderator: I expect to see some fauls breakouts here during lunch
Robbeaux i had a buy at 17.26
Scott-ST Moderator: but your not in yet right
Robbeaux right
Scott-ST Moderator: good
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Scott-ST Moderator: Starting to roll out of the Lunch Hour
25eagle short the q's again?
Killer STX
Killer stopped
Scott-ST Moderator: STOPPED Consider exit in STX
Scott-ST Moderator: STOPPED Consider exit in STX
Scott-ST Moderator: STOPPED Consider exit in STX
Scott-ST Moderator: STOPPED Consider exit in STX Break Even
Scott-ST Moderator: STOPPED Consider exit in STX Break Even
Scott-ST Moderator: STOPPED Consider exit in STX Break Even
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Scott-ST Moderator: wb doowop
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25eagle scott any thoughts about amzn?
Scott-ST Moderator: large pull back today
Scott-ST Moderator: Markets are unsure at this point
Scott-ST Moderator: DOW DOWN 141
Scott-ST Moderator: NAZ DOWN 60.37
Scott-ST Moderator: SPX DOWN 21.69
Scott-ST Moderator: MARKETS ARE LOOKING WEAKER AT THIS POINT IN TIME
Robie would jbht be a short
Scott-ST Moderator: let me look
Scott-ST Moderator: I would have to say not agood short at this point in time. It is still in recent trading range and the 20 ema is just below the LOD on the daily chart
Scott-ST Moderator: very good support area for that stock
Robie Thanks
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy CSE 17.26
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy CSE 17.26
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy CSE 17.26
Scott-ST Moderator: UPDATE: Moving stop on CSE 16.99
Scott-ST Moderator: UPDATE: Moving stop on CSE 16.99
Scott-ST Moderator: UPDATE: Moving stop on CSE 16.99
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Scott-ST Moderator: ga Charilie
Charlie hi Scott
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Scott-ST Moderator: wb nick
nick ga
anatta stop on CSE??? 19.99???
JP 16.99
Scott-ST Moderator: updated the table, but the alert at 13.48 shows 16.99
Scott-ST Moderator: ty anatta
anatta I though he might want to change his chart. Killer must be away from his comuter. :)
anatta yw
Scott-ST Moderator: Killer = Her
anatta Oh, ty Scott.
Scott-ST Moderator: [img id=em-8]
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Scott-ST Moderator: Watching for possible Type C Buy on AMD 13.06
Scott-ST Moderator: Watching for possible Type C Buy on AMD 13.06
Scott-ST Moderator: Watching for possible Type C Buy on AMD 13.06
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMD 13.06
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMD 13.06
Scott-ST Moderator: TYPE C Trade (Bottom). Consider Buy AMD 13.06
Scott-ST Moderator: UPDATE: Moving stop on AMD 12.89
Scott-ST Moderator: UPDATE: Moving stop on AMD 12.89
Scott-ST Moderator: UPDATE: Moving stop on AMD 12.89
Scott-ST Moderator: Markets with a bit of a pop
Killer CSE is looking overbought right now.. what are your thoughts, Scott?
Scott-ST Moderator: getting close to an overbought area but not very overbougt
Scott-ST Moderator: Losts of Room to move up
Scott-ST Moderator: right now you can consider an entry stop
Scott-ST Moderator: but I think it needs some room
Killer It's righ at my entry
Killer 17.28
Scott-ST Moderator: trying to figure out what caused this pop
Scott-ST Moderator: entry is 17.26 from our alert
Killer Do you think 17.13 is a good stop?
Scott-ST Moderator: maybe 17.17
anatta I can't find any news that brought the buyer in, did anyone?
anatta buyers
Scott-ST Moderator: intraday Gap
anatta That was fast - the S&P 500 gained 13 pts in 10 minutes.
Scott-ST Moderator: DOW DOWN 118
Scott-ST Moderator: NAZ DOWN 57.70
Scott-ST Moderator: SPX DOWN 18.54
Scott-ST Moderator: Maybe it was the PPT
Robie Check out for today. Thanks
Scott-ST Moderator: take care Robie
Robie has logged out
Scott-ST Moderator: what's the exit alerts gang, need to setup away for 10 min
Scott-ST Moderator: okay gang: any Quesitons?
Scott-ST Moderator: wow, Crazy Market[img id=em-0]
Scott-ST Moderator: all on zero news that I can find
Scott-ST Moderator: okay Gang Just about an hour Left in the day...
Scott-ST Moderator: UPDATE: Moving stop to entry AMD
Scott-ST Moderator: UPDATE: Moving stop to entry AMD
Scott-ST Moderator: UPDATE: Moving stop to entry AMD
Scott-ST Moderator: UPDATE: Moving stop to entry CSE
Scott-ST Moderator: UPDATE: Moving stop to entry CSE
Scott-ST Moderator: UPDATE: Moving stop to entry CSE
Scott-ST Moderator: CANCEL ALL ALERTS FOR TODAY
Scott-ST Moderator: Consider scaling out with profits on CSE
anatta my CSE sold at 17.43
Scott-ST Moderator: VERY Nice anatta
anatta 1% target
anatta thank YOU Scott
Scott-ST Moderator: [img id=em-8]
Scott-ST Moderator: OMG, Markets are pusing for GREEN
Scott-ST Moderator: [img id=em-0][img id=em-0][img id=em-0][img id=em-0]
anatta AMD hit target
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AMD
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AMD
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in AMD
anatta Scott, I really like your Type Cs. Thank you!
Scott-ST Moderator: [img id=em-8] Good Job
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anatta You're the one who does the good job. I just enter the orders.
Scott-ST Moderator: But pulling the trigger is the hardest part of the Job
Scott-ST Moderator: and it's all you!!!
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CSE
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CSE
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CSE
Scott-ST Moderator: Well, that's A Wrap
Robbeaux thanks scott
Scott-ST Moderator: GOod Job Rob
Tony thank you too
Scott-ST Moderator: good job Tony
Scott-ST Moderator: Anyonehave any Questions?
Robbeaux c yall
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Allende Nice trading. Thank you Scott; and thanks to the huge market turrn-a-round which didn't cured our sickly longs of what ailed them.
Allende Adios all. Till tomorrow.
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Scott-ST Moderator: nite
Cale Later Taters
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Scott-ST Moderator: tc Cale
anatta take care everyone
anatta has logged out
MaxTrader bye
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