| 12/05/05 Chat Session
Ken-ST Moderator: Hi tron
cleon the first one
definately helped my decision-making, esp. on
letting profits run on secondaries
tron hi ken
Ken-ST Moderator: good to
hear cleon
jr i must be sleeping, when
did ovti trigger?
Ken-ST Moderator: It was
awhile ago during the morning session
Ken-ST Moderator: the
servers were not updating so it was not on the
tables to the left
Ken-ST Moderator: until way
later
Ken-ST Moderator: Looks
like at 10:31
jr that explains it
Ken-ST Moderator: 23.73 is
a nice stop area on CPRT fred
frederic I was at 23.69.
Thx Ken
Ken-ST Moderator: that is
good too
cleon nice surge just now
Yorba has logged out
Ken-ST Moderator: gotta
love that 20 ema
frederic with so little
volume. how can that be?!
cleon magical
cleon easier to move with
less volume i suppose
frederic ok
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Ken-ST Moderator: brb gang
Ken-ST Moderator: 20 minute
break
cleon wow
cleon seee that move just
now in CPRT?
James-ST Moderator: uptrend
gd sndk - nice move
James-ST Moderator: yep
filled that gap down nicely
tron has left the room
cleon i'm out for the day -
see you guys in the morning. good trading!
schu77 has logged out
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DayTrading Chat
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Chat
schu77 I still have problem
with the server
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DayTrading Chat
James-ST Moderator: yep
sorry schu, we are having some server problems
James-ST Moderator: hey
birddog
birddog Hi James, evrbody
TraderBob has left the room
James-ST Moderator: Lunch
period gang, careful with your trading
James-ST Moderator: Feel
free to bring up stocks of note
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James-ST Moderator: cprt
new hod
JR has logged out
Ken-ST Moderator: back
schu77 what is the stop on
OVTI?
Ken-ST Moderator:
[b]STOPPED Consider exit in[/b] [b]OVTI [/b]
Ken-ST Moderator:
[b]STOPPED Consider exit in[/b] [b]OVTI [/b]
Ken-ST Moderator:
[b]STOPPED Consider exit in[/b] [b]OVTI [/b]
schu77 is it 20.66
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James-ST Moderator: YES
schu77 has entered
DayTrading Chat
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Ken-ST Moderator: 1:00 turn
time
Ken-ST Moderator: market
near oversold
Ken-ST Moderator: we can
open up short alerts early as we see them
Ken-ST Moderator: Frederic,
you still in CPRT?
frederic just got out
frederic too early?
Ken-ST Moderator: Those in
IMDC long, consider moving stop to entry
Ken-ST Moderator: you made
profit
Ken-ST Moderator: its all
good
Ken-ST Moderator: nice
going
frederic was nice, yep
Ken-ST Moderator: It topped
out at the p/d lows
frederic has logged out
frederic has entered
DayTrading Chat
Ken-ST Moderator: sndk new
hod
Ken-ST Moderator: Waiting
for the 1:30 end of lunch
Ken-ST Moderator: any
questions?
Jose has entered DayTrading
Chat
Ken-ST Moderator: hi Jose
Ken-ST Moderator: wb
jr mnst still valid?
Jose hey Ken, ready for the
afternoon session.
Ken-ST Moderator: yes
Jose let's get them!
Ken-ST Moderator: but it is
a ways away
cleon has entered
DayTrading Chat
Ken-ST Moderator: hey cleon
you are back
cleon i know - plans have
changed so i'm back in
cleon LOL
cleon wife
jy LAur has been side way
since 12 p.m. around 53.6 - interesting to see
which way stock will go.
gd has logged out
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joe Should we reactivate
type b alerts now or will you automatically
update the left part of the screen when it's
time?
Ken-ST Moderator: we will
post
Ken-ST Moderator: but
nothing is close
Ken-ST Moderator:
[b]Watching for Type B Buy at new high of the
day on[/b] [b]BOOM 28.46[/b]
Ken-ST Moderator:
[b]Watching for Type B Buy at new high of the
day on[/b] [b]BOOM 28.46[/b]
Ken-ST Moderator:
[b]Watching for Type B Buy at new high of the
day on[/b] [b]BOOM 28.46[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]BOOM 28.46[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]BOOM 28.46[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]BOOM 28.46[/b]
cleon wow - BOOM short
interest is 26% of float
Ken-ST Moderator: They must
be a little concerned
cleon pretty big number
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]BOOM 27.99[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]BOOM 27.99[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]BOOM 27.99[/b]
bearrally has entered
DayTrading Chat
Ken-ST Moderator: GA Bear
James-ST Moderator: HEY
BEAR
Hunter : Todd you here ?
Todd-SOF Direct Hey Hunter
cleon wow what a run - 19%
today so far on BOOM
Ken-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b]
[b]BOOM [/b]
Ken-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b]
[b]BOOM [/b]
Ken-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b]
[b]BOOM [/b]
cleon has logged out
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Chat
Ken-ST Moderator: wb bman
Ken-ST Moderator: CPRT new
hod. We will stay away for now
boomer has entered
DayTrading Chat
Ken-ST Moderator: it is
right at its 20 day EMA
Ken-ST Moderator: wb boomer
boomer ty
Ken-ST Moderator: Gang, we
will be launching our futures room very soon
schu77 has logged out
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DayTrading Chat
Ken-ST Moderator: FYI, we
will make availalbe a free 1 week trial to the
room upon 1 condition
Ken-ST Moderator: written
contract for 2 years of continued service
Ken-ST Moderator: just
kidding
Ken-ST Moderator: just 1
year
Ken-ST Moderator: ok,
really, we will be asking for feed back on your
experience in this chat room
Ken-ST Moderator:
testimonials if you will
boomer Are you at your best
in trading futures
Ken-ST Moderator: I am at
my best with a six pack in my
Ken-ST Moderator: me
boomer is it your specialty
Jose how much?
Ken-ST Moderator: Im not
sure what my specialty is
Ken-ST Moderator: Trading
in general
Ken-ST Moderator: I will be
trading the e mini sp
Ken-ST Moderator: It will
be 299 a month
Ken-ST Moderator: I will be
trading it in real time, on a live account
Ken-ST Moderator: my
general target is 2 points
Ken-ST Moderator:
[b]Watching for Type B Short at new low of the
day on[/b] [b]OVTI 20.38 [/b]
Ken-ST Moderator:
[b]Watching for Type B Short at new low of the
day on[/b] [b]OVTI 20.38 [/b]
Ken-ST Moderator:
[b]Watching for Type B Short at new low of the
day on[/b] [b]OVTI 20.38 [/b]
Ken-ST Moderator: Im
trading in front of a small group right now
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]OVTI 20.38
[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]OVTI 20.38
[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]OVTI 20.38
[/b]
joe stop ovti hod 21.08?
tcat how are you doing with
the small group
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]OVTI 20.72[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]OVTI 20.72[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]OVTI 20.72[/b]
tcat any stats
Ken-ST Moderator: will not
have any stats. My actualy trading account will
be the records
Ken-ST Moderator: BOOM new
hod
frederic has logged out
schu77 has logged out
Ken-ST Moderator: for this
week, I'll post my end of day point totals
schu77 has entered
DayTrading Chat
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DayTrading Chat
tcat ken can we trade on
this platform
Ken-ST Moderator: what
platform are you on?
tcat AIM DAS
Ken-ST Moderator: AIM DAS
no.
Ken-ST Moderator: AIM does
not have futures
Ken-ST Moderator: but the
regular das clients, like SOF Clients can trade
both stocks and futures off of one platform
Ken-ST Moderator: and 1
account
entropy tcat who does AIM
clear through?
tcat i dont know maybe ken
knows
Ken-ST Moderator: Stock USA
Ken-ST Moderator: but AIM
themselves do not offer futures
entropy AIM is Alliance in
Jamaica?
Ken-ST Moderator: yes
Ken-ST Moderator: CPRT is a
good thing we stayed clear
entropy hows AIM's balance
sheet?
entropy not for US
citizens..............
entropy be nice to have an
offshore account if the capital was
safe..............like SIPIC .........
James-ST Moderator: it is
not like they can spend all your money on ganja
or anything
ak has logged out
James-ST Moderator: [img
id=em-5]
jy OVTI has not move since
we entered
jr mnst close to trigger
Hunter : lmao James
entropy Ganja is free there
Ken-ST Moderator: ty JR
Ken-ST Moderator: For those
interested in an alternative to AIM
Ken-ST Moderator: we will
be notified of a better alternative in the near
future
Ken-ST Moderator: Hopefully
in the next month
Hunter : will we be able to
trade both with the new alternative ?
Ken-ST Moderator: not out
of the same account
Ken-ST Moderator: but you
may have it on the same platform. You will
probably have to change the accounts
Hunter : ok thx
Ken-ST Moderator: MNST
pulled back
entropy jr scared it
jr ugh
Hunter : is amzn at lod
valid ?
frederic has logged out
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DayTrading Chat
tcat ken trading futures
,,is it like daytrading or one or two trades a
day
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Ken-ST Moderator: Strictly
day trading
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Chat
Ken-ST Moderator: wb
Jose has logged out
James-ST Moderator is no
longer a moderator
tcat ty
James-ST Moderator has
logged out
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entered DayTrading Chat
James-ST Moderator has
become a moderator
Ken-ST Moderator: Im just
about finished with the futures trading today
Ken-ST Moderator: 4 points
profits on 2 trades
boomer KEN...if you look at
the daily chart for SNDK ...do you consider the
parttern a piercing
entropy2 whats a point
worth?
Ken-ST Moderator: $50
Ken-ST Moderator: BOOM new
hod
Ken-ST Moderator: Yes
boomer
Ken-ST Moderator: if it
closes there
Ken-ST Moderator: of course
two candle patterns are not that reliable
boomer if it closes lower
entropy2
1point=50/contract?
Ken-ST Moderator: but
combined that with the support area you see in
the daily chart
Ken-ST Moderator: yes
entropy
boomer is the support at
about 45.77 approx ken
Ken-ST Moderator: 46.00
area in general on the daily chart
boomer ty
entropy2 hw much per
contract?
Ken-ST Moderator: depends
on your broker
Ken-ST Moderator: but you
can get it for $500 per contract
Ken-ST Moderator: just by
this example here you can see how risky futures
are
Ken-ST Moderator: say you
deposited $2000
Ken-ST Moderator: you can
trade up to 4 contracts
Ken-ST Moderator: but
ak has entered DayTrading
Chat
Ken-ST Moderator: say you
are just trading 1 contract lots, 4 points
profit is $200
Ken-ST Moderator: that is
10% return
entropy2 nice
Ken-ST Moderator: nice, but
you can see how risky it is
Ken-ST Moderator:
[b]Gang,we strongly suggest that a 5 minute
candlestick chart of the SPX be kept open to
give you a visual of current market conditions,
overlay this chart with 5, 20 and 50 ema and
slow stochastics. You will find that this will
help you with your personal daytrading, giving
you the “heartbeat” of the market.[/b]
Ken-ST Moderator: We will
send out the information shortly on how you can
get a free 1 week trial
Ken-ST Moderator: only
current subscribers will be given the
opportunity for a free trial
frederic mnst close
Ken-ST Moderator: ty fred
entropy2 if the price went
against you a point would there be ama rging
call?
Ken-ST Moderator: no
entropy
Ken-ST Moderator: But it
depends on your broker
entropy2 whats best way to
educate oneself about this?
Ken-ST Moderator: man, how
handsome is BOOM
Ken-ST Moderator: which
part do you wish to find more info on?
Ken-ST Moderator: If you
enter MNST
Ken-ST Moderator: take
quick profits
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]MNST[/b]
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]MNST[/b]
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]MNST[/b]
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]MNST
40.78[/b]
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]MNST
40.78[/b]
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]MNST
40.78[/b]
Ken-ST Moderator: Its late
in the day
Ken-ST Moderator: use moves
in your favor to scale out
entropy2 ratio of sp moves
to contract price
Ken-ST Moderator: point for
point
dana has logged out
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]MNST 40.48[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]MNST 40.48[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]MNST 40.48[/b]
Ken-ST Moderator: I see
snow on CNBC
Ken-ST Moderator: I know
many of you dont like seeing it. But I love it
Ken-ST Moderator: Im sure I
wouldnt, if we had it here all the time.
Ken-ST Moderator: MNST new
hod
Ken-ST Moderator: use moves
in your favor to scale out with profit
zia has logged out
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Ken-ST Moderator: any
questions?
Ken-ST Moderator: If BOOM
makes a new hod
Ken-ST Moderator: I may be
good for scalping profits
Ken-ST Moderator: as the
shorts run for the hills late in the day
Ken-ST Moderator: Futures
is very risky due to the leverage
tcat has entered DayTrading
Chat
joe has entered DayTrading
Chat
Ken-ST Moderator: trading
the eminis will definitely give you a better
assessment for the market trends
Ken-ST Moderator: which
will help with stock trading
Ken-ST Moderator: My
e-minis trading starts from 10:30
Ken-ST Moderator: rarely do
I trade earlier than that
Ken-ST Moderator: BOOM new
HOD
frederic Ken, what is
e-mini?
Ken-ST Moderator: It fits
in nicely to the stock trading as stock trading
slows down after the first hour
Ken-ST Moderator: e-mini is
the electronic mini s&p
frederic thx
tcat is it a index
schu77 has logged out
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DayTrading Chat
Ken-ST Moderator: it trades
in lock step with the SPX
Ken-ST Moderator: or rather
the SPX trades in lock step with the Futures
Ken-ST Moderator: BOOM new
hod
James-ST Moderator: wow
GOOG dropped 10 bucks in the last hour or so
Ken-ST Moderator:
[b]UPDATE: Moving stop to entry[/b] [b]MNST [/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop to entry[/b] [b]MNST [/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop to entry[/b] [b]MNST [/b]
Ken-ST Moderator: tight on
MNST gang
Ken-ST Moderator: scale out
with moves in your favor
Ken-ST Moderator: its late
in the day
entropy2 has logged out
jy OVTI moving down
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]OVTI 20.59[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]OVTI 20.59[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]OVTI 20.59[/b]
Ken-ST Moderator: MNST just
off new hod
Ken-ST Moderator: be
conservative gang
Ken-ST Moderator: its late
in the day
Ken-ST Moderator: Nice move
considering its late in the day
Ken-ST Moderator: its a few
pennies off of a 1% move
jy I just exited MNST at
41.14 - it's late. it might go up more but...
Ken-ST Moderator: nice jy
Ken-ST Moderator: way to go
Ken-ST Moderator: thats the
way to do it
jy ty
tcat has logged out
jy if it's in the morning,
i'd wait longer
Ken-ST Moderator: yes
exactly
Ken-ST Moderator: Cancel
all alerts
Ken-ST Moderator: 3:30 end
of day
Ken-ST Moderator: OVTI new
lod
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]MNST 40.90[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]MNST 40.90[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop on[/b] [b]MNST 40.90[/b]
bman has logged out
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joe close out ovti or wait?
Ken-ST Moderator: Scale out
with moves in your favor
Ken-ST Moderator: If you
dont want the risk, set your stop at breakeven
Ken-ST Moderator: it is the
last half hour
Ken-ST Moderator: market is
sideways to up rightnow
Ken-ST Moderator: It is
still in trend
joe ok thanks Ken
Ken-ST Moderator: however,
with the market going into close, anything can
happen
Ken-ST Moderator:
[b]UPDATE: Moving stop to entry[/b] [b]OVTI[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop to entry[/b] [b]OVTI[/b]
Ken-ST Moderator:
[b]UPDATE: Moving stop to entry[/b] [b]OVTI[/b]
Ken-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b]
[b]MNST[/b]
Ken-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b]
[b]MNST[/b]
Ken-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b]
[b]MNST[/b]
jy gj
Ken-ST Moderator: ty jy
Ken-ST Moderator: just OVTI
left
Ken-ST Moderator: new lod
for that dog
Ken-ST Moderator: scale out
with moves in your favor gang
Ken-ST Moderator: stop at
entry
jy cu guys tomorrow. ty for
a decent day
jy has left the room
Ken-ST Moderator: ok jy
Ken-ST Moderator: take it
easy
Ken-ST Moderator: Nice move
on OVTI to scale out on
James-ST Moderator:
Remarkable slow day
schu77 has logged out
JP has logged out
James-ST Moderator: GOOG
tanking
Rohr has logged out
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]OVTI 20.30[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]OVTI 20.30[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]OVTI 20.30[/b]
bearrally goog goog
bearrally go goog
James-ST Moderator: you had
calls?
James-ST Moderator: or now
you have puts?
bearrally i have puts
bearrally calls were out a
long time ago
mickey_t has logged out
bearrally puts from friday
TraderBob has left the room
joe thanks guys c u
tomorrow; hopefully better action
tms has logged out
Ken-ST Moderator: Ok gang
Ken-ST Moderator: will see
you all tomrrow
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