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The Power of 2% Chat Transcripts


01/09/08 Chat Session


**********************************************************
********** Good Morning Everyone
********** Wednesday January 9th 2008
**********
********************************************************************
nm: gm
Scott-ST Moderator: gm JP, nick
nick: gm
kami: gm
mac: gm
Scott-ST Moderator: gm kami, Jen, mac
Scott-ST Moderator: Markets will Open Flat for the most part this morning
Scott-ST Moderator: GM JQ
Scott-ST Moderator: wb
JQ: GM
JQ: TY
Scott-ST Moderator: For those in the Swing Trade We will take BEAV at the open price
Jen: quite a list there Scotty!
Scott-ST Moderator: LOL
Scott-ST Moderator: we need to be careful today
Scott-ST Moderator: looks like CENX will be canceled
Scott-ST Moderator: **** OPENING BELL **** GOOD TRADING ****
Scott-ST Moderator: **** OPENING BELL **** GOOD TRADING ****
Scott-ST Moderator: **** OPENING BELL **** GOOD TRADING ****
Jen: show us the way Scotty!
Scott-ST Moderator: [img id=em-10]
Scott-ST Moderator: CANCEL CENX TYPE A SHORT
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.03
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.03
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.03
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.02
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.02
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.02
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.02
Scott-ST Moderator: Watching for Type B Short at new low of the day on GRMN 72.05
Scott-ST Moderator: Watching for Type B Short at new low of the day on GRMN 72.05
Scott-ST Moderator: Watching for Type B Short at new low of the day on GRMN 72.05
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short GRMN 72.05
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short GRMN 72.05
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short GRMN 72.05
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short GRMN 72.05
Scott-ST Moderator: UPDATE: Moving stop on GRMN 73.13
Scott-ST Moderator: UPDATE: Moving stop on GRMN 73.13
Scott-ST Moderator: UPDATE: Moving stop on GRMN 73.13
Scott-ST Moderator: UPDATE: Moving stop on GRMN 73.13
Scott-ST Moderator: STOPPED Consider exit in GRMN
Scott-ST Moderator: STOPPED Consider exit in GRMN
Scott-ST Moderator: STOPPED Consider exit in GRMN
Scott-ST Moderator: STOPPED Consider exit in GRMN
Scott-ST Moderator: [img id=em-11]
Scott-ST Moderator: That was a mess
Jen: that stock is evil for us!
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short VPRT 33.58
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short VPRT 33.58
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short VPRT 33.58
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short VPRT 33.58
Jen: how many times has it spanked us like that? Put it on the AAPL list!
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.02
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.02
Scott-ST Moderator: Watching for Type B Short at new low of the day on DRYS 64.02
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short DRYS 64.02
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short DRYS 64.02
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short DRYS 64.02
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short DRYS 64.02
Scott-ST Moderator: Watching for Type B Short at new low of the day on EPIC 11.46
Scott-ST Moderator: Watching for Type B Short at new low of the day on EPIC 11.46
Scott-ST Moderator: Watching for Type B Short at new low of the day on EPIC 11.46
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short EPIC 11.46
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short EPIC 11.46
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short EPIC 11.46
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short EPIC 11.46
Scott-ST Moderator: UPDATE: Moving stop on EPIC 11.64
Scott-ST Moderator: UPDATE: Moving stop on EPIC 11.64
Scott-ST Moderator: UPDATE: Moving stop on EPIC 11.64
Scott-ST Moderator: UPDATE: Moving stop on DRYS 64.98
Scott-ST Moderator: UPDATE: Moving stop on DRYS 64.98
Scott-ST Moderator: UPDATE: Moving stop on DRYS 64.98
Scott-ST Moderator: wb allende
Scott-ST Moderator: STOPPED Consider exit in DRYS
Scott-ST Moderator: STOPPED Consider exit in DRYS
Scott-ST Moderator: STOPPED Consider exit in DRYS
Scott-ST Moderator: Watching for Type B Buy at new high of the day on PPDI 46.18
Scott-ST Moderator: Watching for Type B Buy at new high of the day on PPDI 46.18
Scott-ST Moderator: Watching for Type B Buy at new high of the day on PPDI 46.18
Scott-ST Moderator: Watching for Type B Buy at new high of the day on PPDI 46.18
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in EPCI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in EPCI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in EPCI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in EPIC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in EPIC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in EPIC
Scott-ST Moderator: Market Internals are very Flat right now
Scott-ST Moderator: DOW UP 59
Scott-ST Moderator: SPX UP 4.67
Scott-ST Moderator: NAZ UP 12.17
Scott-ST Moderator: Watching for Type B Buy at new high of the day on GOLD 42.30
Scott-ST Moderator: Watching for Type B Buy at new high of the day on GOLD 42.30
Scott-ST Moderator: Watching for Type B Buy at new high of the day on GOLD 42.30
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy GOLD 42.30
Jen: something has to go up as opposed to down!
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy GOLD 42.30
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy GOLD 42.30
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy GOLD 42.30
Scott-ST Moderator: [img id=em-10]
Scott-ST Moderator: The Markets Price action show up but I am not getting that feeling...
Scott-ST Moderator: EPIC new LOD
Scott-ST Moderator: DRYS doing a u-turn
Scott-ST Moderator: gm tangrick
Scott-ST Moderator: UPDATE: Moving stop on GOLD 41.85
Scott-ST Moderator: UPDATE: Moving stop on GOLD 41.85
Scott-ST Moderator: UPDATE: Moving stop on GOLD 41.85
tangrick: gm
Scott-ST Moderator: STOPPED Consider exit in VPRT
Scott-ST Moderator: STOPPED Consider exit in VPRT
Scott-ST Moderator: STOPPED Consider exit in VPRT
Scott-ST Moderator: STOPPED Consider exit in VPRT
Jen: don't look but GRMN ....
Scott-ST Moderator: NEW LOG for GRMN [img id=em-11]
JQ: :(
Jen: Up there with BIDU and ESLR
Jen: hey, where is our friend JQ today?
Scott-ST Moderator: Was where
Jen: nver mind, I need more coffee, thought Scotty did a smiley face wondering where JQ was!!!!!!
Kelly: ppdi shortly
JQ: invisable?
JQ: LOL
Scott-ST Moderator: [img id=em-8]
Jen: no, just a hard morning getting going. Blah and rainy here today
Scott-ST Moderator: Rainy?
Scott-ST Moderator: no Snow?
Jen: rainy and in the 50's, 64 degrees yesterday so the snow is almost all gone
Scott-ST Moderator: STOPPED Consider exit in GOLD
Scott-ST Moderator: STOPPED Consider exit in GOLD
Scott-ST Moderator: STOPPED Consider exit in GOLD
Scott-ST Moderator: STOPPED Consider exit in GOLD
Scott-ST Moderator: WOW, Didn't I say we needed to be careful today???
Scott-ST Moderator: OMG [img id=em-11]
Jen: your sure did
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PPDI 46.18
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PPDI 46.18
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PPDI 46.18
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PPDI 46.18
JQ: wb
JQ: wb
JQ: wb
Jen: thanks, where's JQ :)
JQ: lol
JQ: wb
Scott-ST Moderator: UPDATE: Moving stop to entry PPDI
Scott-ST Moderator: UPDATE: Moving stop to entry PPDI
Scott-ST Moderator: UPDATE: Moving stop to entry PPDI
Jen: look at DRYS!!!!!!!!!!!1
Scott-ST Moderator: NO DONT
Scott-ST Moderator: OR GRMN
JQ: it was too late
JQ: she had been mooned
Scott-ST Moderator: LOL
Scott-ST Moderator: was thinking the same thing JQ
JQ: LOL
Scott-ST Moderator: Markets still moving higher
JQ: wb
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PPDI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PPDI
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in PPDI
Scott-ST Moderator: JQ the Welcome Back Committie
JQ: that is a good sound!!!
JQ: chairman of the board
Scott-ST Moderator: and President
Scott-ST Moderator: I will just be a board memeber
JQ: lol
Jen: what do I get to be?
JQ: Cat Woman!!!
Scott-ST Moderator: [img id=em-5]
Scott-ST Moderator: Watching for Type B Short at new low of the day on ALEX 46.08
Scott-ST Moderator: Watching for Type B Short at new low of the day on ALEX 46.08
Scott-ST Moderator: Watching for Type B Short at new low of the day on ALEX 46.08
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ALEX 46.08
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ALEX 46.08
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ALEX 46.08
Scott-ST Moderator: UPDATE: Moving stop to entry ALEX 46.64
Scott-ST Moderator: UPDATE: Moving stop to entry ALEX 46.64
Scott-ST Moderator: UPDATE: Moving stop to entry ALEX 46.64
Jen: gotta run folks. See you later.
JQ: tc Jen
Scott-ST Moderator: Tough Morning
Scott-ST Moderator: ALEX sitting right at support
Scott-ST Moderator: Markets a bit Choppy
Scott-ST Moderator: DOW UP 45
Scott-ST Moderator: NAZ UP 6.99
Scott-ST Moderator: SPX UP 2.72
Scott-ST Moderator: there goes ALEX
tangrick: great
Scott-ST Moderator: UPDATE: Moving stop to entry ALEX
Scott-ST Moderator: UPDATE: Moving stop to entry ALEX
Scott-ST Moderator: UPDATE: Moving stop to entry ALEX
Scott-ST Moderator: we will risk nothing this close to lunch
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL AFTER LUNCH
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALEX
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALEX
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALEX
Scott-ST Moderator: Markets overall Stochastics are pulling off of an overbought area in the middle of the range.
Scott-ST Moderator: will check on any type C's
Scott-ST Moderator: I am watching GLW and EMC
Scott-ST Moderator: Watching for possible Type C Short on EMC 16.36
Scott-ST Moderator: Watching for possible Type C Short on EMC 16.36
Scott-ST Moderator: Watching for possible Type C Short on EMC 16.36
Scott-ST Moderator: TYPE C Trade (Top). Consider Short EMC 16.36
Scott-ST Moderator: TYPE C Trade (Top). Consider Short EMC 16.36
Scott-ST Moderator: TYPE C Trade (Top). Consider Short EMC 16.36
Scott-ST Moderator: TYPE C Trade (Top). Consider Short EMC 16.36
Scott-ST Moderator: TYPE C Trade (Top). Consider Short EMC 16.36
Scott-ST Moderator: UPDATE: Moving stop on EMC 16.56
Scott-ST Moderator: UPDATE: Moving stop on EMC 16.56
Scott-ST Moderator: UPDATE: Moving stop on EMC 16.56
Scott-ST Moderator: UPDATE: Moving stop on EMC 16.56
Scott-ST Moderator: Markets headed to a lower area of the day
JQ: laters have to run
Scott-ST Moderator: TC JQ
nm: yipppee
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in EMC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in EMC
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in EMC
Scott-ST Moderator: that worked out well
tangrick: well done...thanks
Scott-ST Moderator: good job tangrick
Scott-ST Moderator: any Questions Comments?
tangrick: nope...thanks
Scott-ST Moderator: [img id=em-8]
Scott-ST Moderator: Markets are just Choppy for the most part during lunch
Scott-ST Moderator: as we roll out of lunch there really sint much showing
Scott-ST Moderator: Watching for Type B Buy at new high of the day on ALEX 45.16
Scott-ST Moderator: Watching for Type B Buy at new high of the day on ALEX 45.16
Scott-ST Moderator: Watching for Type B Buy at new high of the day on ALEX 45.16
JP: GENZ?
Scott-ST Moderator: HUMMM HOD looks good JP
Scott-ST Moderator: Watching for Type B Buy at new high of the day on GENZ 79.51
Scott-ST Moderator: Watching for Type B Buy at new high of the day on GENZ 79.51
Scott-ST Moderator: Watching for Type B Buy at new high of the day on GENZ 79.51
Scott-ST Moderator: Watching for Type B Short at new low of the day on ALEX 45.16
Scott-ST Moderator: Watching for Type B Short at new low of the day on ALEX 45.16
Scott-ST Moderator: Watching for Type B Short at new low of the day on ALEX 45.16
Scott-ST Moderator: ALEX is a short not a buy
Scott-ST Moderator: ALEX CLOSE
Scott-ST Moderator: this will follow the Market
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ALEX 45.16
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ALEX 45.16
Scott-ST Moderator: TYPE B Trade (Gap). Consider Short ALEX 45.16
Scott-ST Moderator: UPDATE: Moving stop on ALEX 45.72
Scott-ST Moderator: UPDATE: Moving stop on ALEX 45.72
Scott-ST Moderator: UPDATE: Moving stop on ALEX 45.72
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy GENZ 79.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy GENZ 79.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy GENZ 79.51
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy GENZ 79.51
Scott-ST Moderator: UPDATE: Moving stop on GENZ 78.32
Scott-ST Moderator: UPDATE: Moving stop on GENZ 78.32
Scott-ST Moderator: UPDATE: Moving stop on GENZ 78.32
Scott-ST Moderator: UPDATE: Moving stop on GENZ 78.32
Allende: Isn't GENZ more of a breakout from a range trade at a HOD, rather than a gapper--it didn't gap up, and surpassed its HOD very early in the trading day?
Scott-ST Moderator: it is but we cant change the Type A's at this point in time
Allende: Thanks. Just looking to understand the basis of the trade.
Scott-ST Moderator: np
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short SHORT MICC 102.22
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short SHORT MICC 102.22
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short SHORT MICC 102.22
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short ICON 16.42
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short ICON 16.42
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short ICON 16.42
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short ICON 16.42
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ICON
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ICON
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ICON
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ICON
Scott-ST Moderator: STOPPED Consider exit in ALEX
Scott-ST Moderator: STOPPED Consider exit in ALEX
Scott-ST Moderator: STOPPED Consider exit in ALEX
Scott-ST Moderator: STOPPED Consider exit in MICC
Scott-ST Moderator: STOPPED Consider exit in MICC
Scott-ST Moderator: STOPPED Consider exit in MICC
Scott-ST Moderator: CANCEL ALL ALERTS FOR TODAY
nm: take care all
tangrick: goodbye Allende
Allende: Adios!



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