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The Power of 2% Chat Transcripts


04/11/08 Chat Session


**********************************************************
********** Good Morning Everyone
********** Thursday April 10th 2008
**********
********************************************************************
Scott-ST Moderator: wow 29 Million shares sold before the opening bell on MLNM
Allende: Company was sold for $25.00 share
Scott-ST Moderator: gm
nasjacksprat: gm
Jen: gm
Scott-ST Moderator: uh-oh cale still having issues?
Scott-ST Moderator: **** OPENING BELL **** GOOD TRADING ****
Scott-ST Moderator: **** OPENING BELL **** GOOD TRADING ****
Scott-ST Moderator: **** OPENING BELL **** GOOD TRADING ****
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy VRTX 26.56
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy VRTX 26.56
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy VRTX 26.56
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy VRTX 26.56
Scott-ST Moderator: Watching for Type B Short at new low of the day on PTRY 15.27
Scott-ST Moderator: Watching for Type B Short at new low of the day on PTRY 15.27
Scott-ST Moderator: Watching for Type B Short at new low of the day on PTRY 15.27
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy BIIB 65.77
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy BIIB 65.77
Scott-ST Moderator: TYPE A Trade (Breakout). Consider Buy BIIB 65.77
Scott-ST Moderator: Watching for Type B Buy at new high of the day on HAL 43.20
Scott-ST Moderator: Watching for Type B Buy at new high of the day on HAL 43.20
Scott-ST Moderator: Watching for Type B Buy at new high of the day on HAL 43.20
Scott-ST Moderator: Watching for Type B Buy at new high of the day on HAL 43.20
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in GRMN
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in GRMN
Scott-ST Moderator: STOPPED Consider exit in HAL
Scott-ST Moderator: STOPPED Consider exit in HAL
Scott-ST Moderator: STOPPED Consider exit in HAL
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BIIB
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BIIB
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BIIB
Scott-ST Moderator: The A's sure did work out today
JP: Sure did. Completely painless plays.
Scott-ST Moderator: Markets are over all FLAT
Scott-ST Moderator: there is a Down momentum bias
Scott-ST Moderator: APOG NEW hod
Scott-ST Moderator: GRMN new LOD
limey: Good job Scott got all plus AMGN,CBK,and IKN with my auto bracket orders
JQ: GM
Scott-ST Moderator: hey JQ
Scott-ST Moderator: VMED moving for a lower Low
JP: PTRY close
Scott-ST Moderator: may need to cancel PTRY
Scott-ST Moderator: Looks like the 15.27 (LOD) is strong support
insync: so should we cancel now?
Scott-ST Moderator: CANCEL PTRY SHORT FOR NOW
Scott-ST Moderator: Take Calre Cale, limey
Scott-ST Moderator: Lets see what PTRY does from here
Scott-ST Moderator: we might take the 2nd break
Scott-ST Moderator: but let's just see
JQ: You would think Calebo would have called the nerd squad by now!!!
Scott-ST Moderator: wow not sure
Scott-ST Moderator: markets moving higher
Scott-ST Moderator: all green
Scott-ST Moderator: startign to reach an overbought area but lots of room to move up
JQ: Calebo????
Cale: ack
Cale: keep trying new settings
Cale: called chat blazer
JQ: It is only this site?
Cale: the chaNT IS just pegging my CPU
Scott-ST Moderator: Cancel all type B Alerts until After Lunch
insync: maybe try to uninstall all versions of java runtime, and install the latest version.
Scott-ST Moderator: any Questions?
Scott-ST Moderator: he did that
JQ: Great Scott is it on this site?
Scott-ST Moderator: whats that JQ?
Allende: super trading today. See you tomorrow.
JQ: laters have to run
Scott-ST Moderator: take care
Scott-ST Moderator: but what did you mean JQ?
Scott-ST Moderator: Markets with a slight pull back off of the HOD
Scott-ST Moderator: but over all looking strong during Lunch
Scott-ST Moderator: Rolling out of lunch
Scott-ST Moderator: Markets pulling back of the HOD
Scott-ST Moderator: PTRY looks good for a short
Scott-ST Moderator: wait for the next break
Scott-ST Moderator: Choppy since Lunch
Scott-ST Moderator: anyone still around?
insync: yup
Scott-ST Moderator: been waiting on PTRY for the perfect setup
Scott-ST Moderator: its now a knife on a free fall
JP: Yeah I've been kicking myself for not taking that first entry at 15.27
JP: Oh well
Scott-ST Moderator: lol
Scott-ST Moderator: evern right here the setup is not all that good
Scott-ST Moderator: the Markets are pulling back to mid range
Scott-ST Moderator: brb
Scott-ST Moderator: not such a bad day
Jen: ty bye
nasjacksprat: nite scott
Scott-ST Moderator: Watching for Type B Buy at new high of the day on FAST 50.01
Scott-ST Moderator: Watching for Type B Buy at new high of the day on FAST 50.01
Scott-ST Moderator: Watching for Type B Buy at new high of the day on PDLI 13.20
Scott-ST Moderator: Watching for Type B Buy at new high of the day on PDLI 13.20
Scott-ST Moderator: Watching for Type B Buy at new high of the day on PDLI 13.20
Scott-ST Moderator: VRTX working its way lower
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short LNXR 26.82
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short LNXR 26.82
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short LNXR 26.82
Scott-ST Moderator: TYPE A Trade (Breakdown). Consider Short LNXR 26.82
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PDLI 13.20
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PDLI 13.20
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PDLI 13.20
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
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MLHR
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MLHR
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in MLHR
Jen: Loved that PDLI trade
Scott-ST Moderator: CANCEL FAST LONG for now
Jen: thanks Scotty
Scott-ST Moderator: that one did work out nicly
Scott-ST Moderator: and Making new HOD
Jen: LOD you mean?
Jen: you need more coffee
Scott-ST Moderator: [img id=em-0] I am so Ready for 9:00
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in LNCR
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in LNCR
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in LNCR
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
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in ALGN
Scott-ST Moderator: OKAY Tell me that someone make some $$$$ this morning
insync: yeh... scott...
JP: Very nice
Scott-ST Moderator: PLEASE
insync: tgif
Jen: GREEEEN OVER HERE!!!!
nasjacksprat: boom
Jen: Thanks you, nice calls this a.m. Scotty!!!
Jen: are you sure FAST can't make a go of it at HOD?
Scott-ST Moderator: NM
Scott-ST Moderator: we canceled fast
JP: GE HOD, pulling markets up
Scott-ST Moderator: and it needs a new face lift
Jen: I played FAST anyway, made 1% in at .88
Scott-ST Moderator: very nice Jen
Jen: couldn't resist the setup
Scott-ST Moderator: was a good set up the Markets just didnt have enough ummmph
Scott-ST Moderator: but it wold have worked out
Jen: GE LOD?
Scott-ST Moderator: I like GE at LOD
JP: It's near March support levels
Jen: yeah, but there is $1 in between, that 3%!
Jen: :)
JP: I would actually be more comfortable with a HOD trigger on GE.
JP: But that's just me.
JP: Not a great setup in either direction, IMO
Jen: I agree JP!
Scott-ST Moderator: FAST long would have worked out
Scott-ST Moderator: the thing about GE there is no Trend right now
JP: If the market were moving with it, I would take GE at HOD but the market doesn't seems to want to go lower.
JP: market seems to want to go lower...I mean
Scott-ST Moderator: Well Markets are at a new LOD
Scott-ST Moderator: and GE is pushing up to the 5 ema on the 5 min
Scott-ST Moderator: GE HOD is higher rish right now the LOD
Jen: here goes GE
Jen: the trend line slope in 5 min chart is very positive
Scott-ST Moderator: the markets are coming up off the oversold area
Scott-ST Moderator: and then Moving back lower for overbought
Scott-ST Moderator: starting the chop
JP: Financials pushing higher, closing their gaps
Scott-ST Moderator: yep C new HOD
Scott-ST Moderator: CANCEL ALL ALERTS FOR TODAY
Scott-ST Moderator: SEE You all Monday
Darrell: Have a great weekend
insync: have a greatweekend, bye
Scott-ST Moderator: Have a good weekend



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