Chat Highlights From 5/27/2011
Pacific Time Zone
13:01:33 Kris Enjoy time with family and friends and remember those past and present that have fought to protect the life we love
12:59:07 Kris Awesome job this week everyone
12:55:36 Kris Thanks! You too RD!
12:55:22 Kris watch CVLT for long on Tuesday
12:54:18 Kris Have a good one Scalpman
12:41:03 Kris no thoughts on it here ghaziar. only about 10 cents to resistance and 20 minutes left in the market.
12:40:01 Kris I'll be watching ERTS for a breakout over 24.00 on Tuesday
12:39:25 Kris enjoy the long weekend Junior!
12:27:14 Kris CSC was strong today from that low yesterday. wow.
12:26:19 Kris lol. good one humbled. it was definitely a "false alarm"
12:24:21 Kris FDA approval on diarrhea drug
12:23:39 Kris you don't want to know the news on OPTR
12:22:17 Kris but once I got used to it, it actually helped me get faster and make more money
12:21:48 Kris it affected my trading in a negative way for the first few days
12:21:26 Kris each time you take on a new group of tasks you go through an adjustment period
12:20:47 Kris told me it would make me a stronger trader
12:20:38 Kris Adriano talked me off the ledge
12:19:51 Kris actually, the first day we started the room, I didn't want to do it anymore.
12:19:34 Kris thanks rockstar!
12:19:10 Kris for the new members, fast movers like this OPTR are usually news or rumor based and we will only post it as an alert cause it is a more advanced trade. It's something that you can practice trade if you're not comfortable with the setup
12:18:05 Kris OPTR ALERT
12:17:59 Kris OPTR ALERT
12:16:03 Kris I saw them, I just decided to pass for some reason
12:15:47 Kris I even missed a few trades today
12:15:36 Kris it's just a matter of reps
12:15:27 Kris it gets easier and easier with time
12:14:03 Kris that should be the only real difference between virtual and live trading, is the real money you're making or losing.
12:13:31 Kris try to take your eyes off the money jjammerp.
12:13:20 Kris hang in there jjammerp, you'll make it
12:11:05 Kris something that might help some of you... if you see me post that I am taking profit on part of a trade, I am most likely moving up my stop at that time. Especially if we are getting late in the day like we are and the market has been trending down. I try to post as many details as I can while I trade but I can't post everything all the time.
12:09:32 Kris no maxbor, I am out MNTA.
12:06:49 Kris exactly candelas
12:04:43 Kris 90 days virtual trading. went through a couple rough patches when first started trading live. Was making money within the first few weeks of live trading but didn't really start doing well until about 6 months. I think about 12-14 hours per day nothing but stocks, including weekends jjammerp
12:02:09 Kris thanks lisas, I'll take a look at grains too.
11:59:34 Kris all stops are market orders currently. I've been wanting to test a stop limit setup but haven't had time to tackle it yet.
11:58:47 Kris you can set your limits to allow a set amount of slippage which makes them like a hybrid market that won't allow you to get robbed but still catch the move.
11:58:12 Kris I use limit
11:57:58 Kris guyhal, I have several sector based watch lists and each afternoon I go through and set/update alerts and areas of S/R. This gives me an unlimited number of eyes to alert me to when a stock is in an area of a potential trade.
11:56:51 Kris when I say "I'm in school" I mean I'm mega focused on studying and testing strategies until I find the consistent money LisaS. Like when I learned to day trade stocks. I'm spending that amount of time and energy learning how futures behave.
11:54:08 Kris My stops are wide and automated and I just slide them up to where I need them.
11:53:32 Kris s/r level
11:53:27 Kris something I can get in and out of pretty quickly that's had a big move and is at strong sr level
11:53:07 Kris this time of the day, I'm looking for only very high quality ideas
11:52:12 Kris I'm not hot FSLR as swing, especially going into the long holiday weekend.
11:50:27 Kris stocks are easier than oil futures for me right now but I'm still going to school for futures
11:50:02 Kris I have a stop on every position I trade
11:49:54 Kris I've had up to 8 day trades on at the same time. I usually max at about 5 on most days guyhal.
11:49:01 Kris me too candelas
11:48:48 Kris good job swede!
11:48:40 Kris yes, I trade oil futures
11:38:49 Kris yes gecko
11:38:01 Kris Ninjatrader is another charting/trading solution that works great with IB
11:31:51 Kris out half MNTA
11:27:49 Kris I switched cause I wanted to take advantage of some of the more advanced features of esignal and have a more integrated setup than with LS.
11:26:04 Kris yes toptrade
11:25:07 Kris yes, I think it's best to integrate with esignal. I didn't like IB's order interface and charting package.
11:21:55 Kris IB integrates with esignal. I've been very happy with IB. good short inventory.
11:17:42 Kris yes toptrade
11:14:53 Kris I used to. I now have IB
11:13:49 Kris did you have a question sun2000?
10:40:43 Kris what platform are you using observer?
10:40:33 Kris might be time for an upgrade to 7 observer
10:39:39 Kris well managed junior
10:39:24 Kris what OS are you running observer?
10:38:47 Kris good job candelas
10:37:59 Kris anyone catch EPD long?
10:36:57 Kris I won't be shorting GD, too many levels of support to break through and volume is thinning overall.
10:32:45 Kris out all GD long
10:23:35 Kris and candelas
10:23:27 Kris good job junior
10:23:19 Kris EPD ALERT
10:23:15 Kris EPD ALERT
10:17:38 Kris good job eyes
10:16:56 Kris SQNS has had good upside over 15.00
10:16:20 Kris no, I'll be working on new strategies
10:15:45 Kris I work in the Beyond section
10:15:36 Kris Bed, Bath and Beyond
10:14:54 Kris no but it could seem like it if volume keeps thinning out
10:13:59 Kris no fun for me. I'll be working my other job this weekend.
10:12:37 Kris take care baz6308. see you Tuesday
10:05:37 Kris lol
10:05:35 Kris last night = last high
10:05:22 Kris so if you have a $70 stock that has only moved up .20 from the last night, that means if you get short you only have .20 unti you start running into an area where there could be buyers
10:04:36 Kris using historical prices as support/resistance levels
10:03:50 Kris just because the indicators are topping, doesn't mean it's in a good place to start to look for a short
10:03:20 Kris that is where you're going to enter the higher probability trades
10:03:08 Kris it's ok to have a signal based on indicators but you also want to see how much risk/reward is in the trade
10:01:48 Kris on 1min Bill?
10:00:12 Kris what is your short signal Bill?
09:58:18 Kris Great job UpTick. Enjoy the holiday weekend. See you Tuesday
09:57:00 Kris I would like to see it back to 20. I will probably reduce near 20.00 and then see if the rest can make it over the resistance line topdogrex
09:46:05 Kris drop in the bucket
09:45:31 Kris stop last 1/4 GD long under 71.23
09:45:13 Kris out another 1/4 GD long
09:45:05 Kris ok, I'm back
09:10:48 Kris be back in 30
09:10:45 Kris break time
09:02:01 Kris out half GD long, stop rest under 70.94
09:01:06 Brent alright guys, I got to take off early today. Have an awesome weekend. Remember things are really slow with the 3 day weekend coming up. Hold onto your profits, wait for quality ideas
08:58:55 MKing thanks rusty. I see TKR as sustainable up,
08:50:53 Kris that's why I don't look at it Lisas or I would have been in a coma
08:49:45 Kris we've been long EJK. scan back in the TSA comments
08:48:45 Kris I hope GD moves soon so UpTick can exhale
08:44:22 Kris I can't say anything mean cause Mitch will talk about my childhood again
08:43:57 Kris no, a long here doesn't fit in any of my strategies
08:43:34 Kris I'm sure candelas still has 1 share of MAKO short
08:42:45 Kris watching GD here to get past 71.00
08:42:12 Kris resistance was 19.90, today set new high at 20.00. I'm looking for a spring over that 20.00 if it can break gecko
08:40:00 Kris daily first, then 1min k-dog
08:38:55 Kris MHS could find support around 56.00 but I'll probably pass
08:37:44 Kris I was just kidding
08:36:56 Kris don't use the MA's on the 3min Scalp
08:36:35 Kris no candles, I got distracted by scalpman and gecko
08:35:33 Kris MAKO making lows
08:34:32 Kris who said 50 ema?
08:32:15 Kris no, I use only S/R levels scalpman
08:22:53 Kris MNTA long second half
08:21:15 Brent $16.25 area would be next target on CIS if anyone got it
08:18:57 Brent I was a little late to see CIS, if anyone jumped on it consider reducing SHORT position
08:18:24 Kris SPY consolidating
08:18:10 Kris esignal
08:17:14 Kris it worked this time fine but I would back test is Scalp to see how it does over a larger number of trades
08:16:02 Kris or you can have your platform automagically place a limit target 1% from entry with an ATM strategy
08:14:53 Kris 07:23:18,Kris: DWA support around 25.00, need to see increasing volume on the move down to 25.00
08:14:41 Kris sun2000... 07:22:57,Kris: watching DWA for a long
08:14:03 Brent watching CIS
08:13:53 Kris this looks like it for now on DWA but I would try to keep a small piece to see if it can hold for a bit then break through 25.50
08:11:55 Kris bingo, but be more flexible based on S/R levels
08:11:41 Brent That's correct ScalpMan
08:10:51 Brent that would be my brother in crime Scalp.....Kris
08:09:20 Kris Good question Scalpman
08:08:42 Kris next resistance DWA 25.50
08:08:17 Brent listen to Kert
08:08:11 Brent sorry ScalpMan, I miss read your question
08:06:25 Kris or subtract it for shorts
08:06:15 Kris take your entry price and move decimal point two spots to the left, that's your profit, now add it to your entry price.
08:05:55 Brent make sense ScalpMan?
08:05:47 Brent take your profit and divide it into your entry price on a long, or your cover price on a short
08:02:28 Kris DWA going to start coming into resistance here
07:57:32 Kris good job on DWA guys
07:56:57 MKing hey gecko, can you post the full price of your stocks? thx
07:55:58 Kris stop MNTA under .67, looking for a consolidation or pullback to add second half
07:53:49 MKing anyone find shares to short of CDTI?
07:50:58 Kris MNTA long half position
07:46:59 Kris volume was a little thin for me on CTAS but I'll keep watching it for a good spot. I would prefer it to pull back and wait for Tuesday
07:42:35 MKing hey guys, can you write the full price when you post, makes it too much work to read and interpret?
07:38:15 Kris SQNS trying to break out over 15.00
07:32:19 Kris gracias berto
07:31:50 Brent nice one Kert on MAKO
07:31:38 Kris stop rest MAKO over 34.06
07:31:29 Kris look to cover another 1/4 MAKO short here
07:31:06 Kris out half BIG long, stop rest under 32.07
07:29:44 Kris next target MAKO around 33.70 and then 33.40
07:28:47 Kris and move down your stop to BE on rest MAKO
07:28:38 Kris look to cover some MAKO if you were able to get it short
07:25:37 Kris BIG consolidating, looking for a leg up over hod
07:24:48 Kris LULU still acting weak
07:23:35 Kris anyone take AFL below 48.00?
07:23:18 Kris DWA support around 25.00, need to see increasing volume on the move down to 25.00
07:22:57 Kris watching DWA for a long
07:21:25 Kris cover half of ment short here, leave half for breakdown of lod, stop over 13.65
07:19:27 Kris could give another helping short on SWKS, resistance 25.40 area
07:19:07 Kris out all SWKS short
07:18:03 Brent Consider reducing all or most of your position here on SPRD.
07:17:07 MKing CDTI worth looking for shares to short
07:16:57 MKing watching LNG for 11.80 area to short 2nd helping
07:15:49 MKing if anyone went short LNG, consider covering here 11.50 area
07:15:23 Kris stop last 1/4 SWKS short over 25.17
07:15:21 MKing consider covering most of GMCR short here 82.72 area
07:15:17 Kris out another 1/4 SWKS short
07:14:49 Kris out half SWKS short
07:14:42 Brent SIGA alert
07:14:29 Kris MENT short half position
07:13:56 Kris watching PSSI for long over 29.35
07:12:53 Kris stop GD long under 70.54
07:12:30 Kris long second half GD
07:12:05 MKing sp-500 low of day and dropping
07:11:57 MKing monitoring OVTI for bottom
07:11:38 Brent next target $19 area on SPRD, but has some resistance to bust through here
07:11:37 MKing let CDTI go to a lower low before considering a 2nd long again, maybe to 9.50 or lower
07:11:13 MKing I don’t see any hurry to cover GMCR
07:11:01 Kris stop BIG long under 31.76
07:11:00 Brent consider reducing SPRD here
07:10:42 Kris BIG long
07:10:17 Kris MAKO short half position
07:08:47 Kris SPRD nice one
07:08:32 Brent to give it a little more profit potential
07:08:21 Brent would like to see more downside though on SPRD
07:07:36 Kris watch LULU for a new lod, coming into support here if you still have it short
07:07:31 Brent watching SPRD for a bounce
07:06:41 Kris watching ESRX for a long
07:06:32 MKing GMCR short coming down nicely, let it drop more for most of yoru short
07:06:06 MKing late to see LNG for short, wait for rebound to around 11.95 area before shorting
07:05:01 MKing when a stock rebounds like that, CDTI, you sell into that rise using limit orders. On a small float stock with a big spread, you dont want to be selling at mkt after it turns over. when they move around a lot like this, your limit orders will usually fill, so be patient, not panicky
07:04:48 Kris SPY at support
07:04:11 MKing should start reducing CDTI, use liit orders
07:03:07 Kris SWKS short half position
07:02:44 Kris I'm looking to short MENT again, good gain on first trade and still think there is more downside
07:01:59 MKing we are looking for around $10.40 to sell CDTI long position
07:01:28 Kris watch AFL here at 48.00 support
07:00:44 Brent ok, IBD nice entry by the way
06:59:47 MKing aggressive traders: consider CDTI long, try very small long position around $10 area
06:59:29 Kris out all OXY long
06:59:20 Brent it's always nice to book some profit IBDTrader, you had 40c at one point, that way your are protected if it fails
06:59:05 Kris no I am all out LULU, took half off earlier and stopped on rest
06:59:01 MKing watching VRSN for a bottom, may take a while
06:58:07 Kris TTM resistance was 24.15, careful if you still have it long here, see if it can hold 24.00
06:57:42 Brent yeah IBD, needs to bust through 26 but it's not looking strong. You can reduce some and move your stop to protect your entry on SWKS
06:57:09 Kris LDK could run into resistance around 7.20 for those that have it long
06:56:26 MKing but you cant keep repeating that on a bullshort type chart because the 2nd 3rd dips don’t have that big of a bounce as the first
06:55:50 MKing CDTI is so strong today that better to look for big drop to go long at that bottom,
06:55:11 MKing GMCR short here
06:55:11 Kris GD long
06:53:15 Kris stop rest MENT short over 13.77
06:52:59 Kris look to cover half MENT short here
06:51:14 MKing GLUU short, try 5.25 area, advanced trader
06:50:39 Kris I'll probably pass on CCE, not enough money there
06:50:36 Brent consider reducing SWKS if long
06:49:19 Kris watching CCE for a long
06:47:50 MKing watching FFIV for short
06:47:33 Kris watching TTM for a long
06:46:37 Kris out half LULU short
06:45:58 MKing float on CDTI is only 2.24 mil shares, be very careful, very small position size
06:44:50 Kris stop last half OXY under 106.44
06:44:37 Kris out another 1/4 OXY long
06:44:23 MKing CDTI developing into a bullshort
06:44:19 Kris stop rest MHS under 57.54
06:44:01 Kris out half MHS here
06:43:51 MKing consider MCP short around 62.25 area, stop 62.60
06:42:10 Kris watching MHS for a push through here
06:39:48 Kris stop rest OXY long under 105.87
06:39:32 Kris out 1/4 OXY long
06:39:23 MKing late to see CDTI for short, try rebound around 9.30 before short
06:39:04 MKing watching CREE for short
06:39:01 Brent watching SWKS
06:39:00 Kris lulu target 88.13
06:38:39 Kris LULU short
06:38:31 MKing watching MMYT for short, should be on top of this bounce
06:38:04 Kris short half MENT
06:37:13 MKing looking for short in BCSI
06:37:13 Kris stop last 1/4 BRCM 36.44
06:36:55 Kris out another 1/4 BRCM
06:36:26 Kris stop rest BRCM under 36.44
06:36:17 Kris out half BRCM long
06:35:13 Kris MHS long
06:33:57 Kris OXY long
06:31:28 Kris BRCM long half position
06:31:05 Kris ESRX long over 61.15
06:29:22 Kris Good luck today everyone. Stay focused and let's have some fun.
06:28:45 Kris I'm watching MRVL for a possible short but it's put in a lot of support over 15.75 so I'll be patient on that from where it is now
06:27:52 Kris also watch those stocks pow mentioned later yesterday for possible longs today, YGE and LDK
06:26:14 Kris watch MENT for a possible short below 14.00
06:24:11 Kris will be watching RUE for a possible short
06:23:37 Kris watching BRCM for a long over 35.85
06:15:25 Brent good morning everyone
06:15:04 Kris good morning traders
06:10:03 MKing no bias
06:07:45 MKing CVS, Caremark is a stock to watch for a short scalp; needs to rebound to around 40.10 first.
06:06:13 MKing hi guys. we are probably going to have about 90 minutes of stock ideas and my guess is the market is going to get really really slow because of the 3 day weekend starting
13:00:14 SHADEY Aloha everyone! Really enjoyed my first week.
12:59:48 rockstar Thank you again Kris.. Have a great weekend everyone.
12:59:28 Bill Thanks for the input Kris,Everyone have a great weekend .See ya Tues.
12:59:06 rusty remember those who served us
12:58:43 swede Thanks for manning the Fort for us today, Kris. See everybody on Tues. Drive safe!
12:57:55 LisaS Great weekend to all. Thanks everyone! See you Tuesday.
12:56:47 Lightning have a great weekend. Thanks TSA and everyone. See you Tuesday.
12:55:17 RD Great holiday to all. Fly your flags.
12:52:28 LisaS Good! After years of diapers, I didn’t want to touch it even if I am sim trading this week!
12:51:50 jjammerp haha, no one wants to leave because of OPTR. It forgot to take Pepto
12:51:18 candelas yes
12:51:09 ScalpMan What is with OPTR...?
12:50:52 LisaS candelas, did you trade optr?
12:50:37 jjammerp OPTR again. shoulda stayed short. oh well
12:49:55 LisaS jjammerp, thanks, it’s been fun, but busy
12:49:47 candelas some nice moves in optr
12:49:02 ScalpMan What a great room.
12:48:53 ScalpMan Bye All.
12:48:50 ScalpMan Thanks Kris for talking to us...very helpful...you da man!
12:48:24 ScalpMan Nice finish today on OPTR and AGQ....I always like the last hour.
12:47:54 jjammerp LisaS, you are obviously an exceptional woman. 5 kids is a lot of work as my wife can surely attest.
12:47:44 secretaria Kris, have great holiday! Appreciate you, man!
12:46:18 jjammerp Kris thanks for taking a few minutes to imbibe us today. Its good to have good people in our corner. Have a great weekend everyone.
12:45:38 ScalpMan All out AGQ
12:44:36 ScalpMan Out 1/2 AGQ
12:41:55 ScalpMan AGQ S @ 200.95
12:40:10 ghaziar Kris -- DWA at lod -- any thoughts?
12:38:23 junior Checking out, have a great weekend everyone, thanks Kris...adios till Tuesday
12:32:19 jjammerp looks like it did have the runs
12:32:03 ScalpMan OPTR falling massively
12:31:55 LisaS yes, optr interesting reaction to what should have been profitable news
12:31:32 observer anyone still watching OPTR?
12:29:36 jjammerp CSC is like a four letter ticker to me still. CSC brought out the dark side in me, fear, hate and anger as yoda would say.
12:25:38 humbled that is why it is not running
12:24:35 ron new it’d be good for laughs
12:23:52 candelas sounds like good time to break from computer or sit on hands when that happens
12:22:33 jjammerp candelas, when I end up reviewing my trades, I find that I was losing my cool mostly because of dumb entry prices, then stubbornness to not like to lose. So I fight the trend instead of swimming in the sea of available money. Drives me nuts.
12:21:58 qwert We are so glad you did. Your instruction is the reason that I am profitable, and of course Mitch, Brent and Adriano’s as well
12:21:10 rockstar Another reason to thank AD
12:20:44 observer Were you stressing, Kris?
12:20:31 LisaS Thank goodness you stuck with it Kris! It’s good to hear you guys have down days.
12:20:28 rockstar How come? I am not surprised though as I can’t even find time to post my entries
12:18:02 cowboyh Wait until you down for a while during the day and then make it back and that much more, real confidence builder
12:17:49 rockstar Kudos to you Kris for taking the time to help us, keep us informed, especially during the heat of the battle.
12:17:18 candelas did u study why u lost ur cool Jjammerp
12:16:32 jjammerp I am finding that as I get more detached, I do better, but I still lose my cool at times, then spend time fighting stocks like csc yesterday. At least I don’t shake when I buy and sell anymore. hahaha
12:16:08 observer BTW, thx Kris for your suggestion to upgrade my OS. Couldn’t hurt,.
12:16:03 LisaS It’s the losing part that’s hard with real $, but it’s part of trading. If you are new, you aren’t quite sure that the wins will come, but they do with discipline a proper trading size management. Don’t sabotage yourself by trading too large to begin with.
12:15:02 observer Good point, Lisa. I was thinking the same thing
12:12:55 LisaS Amazed that you do such a good job keeping us informed Kris, all while trading!
12:10:11 jjammerp I am having mixed days, up and down still. Not mastering the sell part of the equation. real money has me wound a little too tight. I did well in virtual trading, but it did not tax my emotions...I have five kids under 9, I can’t even stay awake for 12 hours.
12:09:57 candelas it’s like once we get our own stumbling blocks out the way, the sky is the limit.
12:08:19 maxbor Kris - still 1/2 in MNTA with .67 stop?
12:06:11 candelas those rough patches were probably emotions and discipline were they not?
11:59:56 jjammerp when you started out, how many hours a day, how many months before you were consistently profitable day trading stocks
11:58:15 LisaS I’ve been doing the same, also been trying grains, they trend well. Always looking for more info on set ups, etc
11:57:46 fmattos I think this question involves everyone... Kris, on your entry orders, do you use Limit or Market? As the market moves very quick at the open, I have found myself unable to get filled if I use LIMIT orders
11:55:43 guyhal Kris :in your early morn trade ,, do you use a watch list based on premarket ?
11:52:45 jjammerp Kris, are your stops automated, or input after trade entry?
11:52:25 LisaS School on futures as in sim trading or a specific seminar Kris?
11:51:30 dan Kris, FSLR over 121 is a good swing?
11:51:10 guyhal So you put the stop as soon as you have an entry, also you entries in the am are Market or stops?
11:49:22 swede Appreciate it, Kris.
11:44:56 swede Kris, EPD L 41.24, Cover 41.46. plus.24 cents. Thanks.
11:44:19 candelas some days I find oil futures easier and sometimes stocks easier. Easier being relative
11:39:24 guyhal Kris how many trades do you handle at the same time at the beginning of the day ,, and do you put in your stops in the system or just follow them ?
11:38:23 gecko are u trading oil futures Kris
11:28:48 randall it is part of esignals with their charting scalpman
11:28:15 randall that is exactly what I thought! Thanks
11:28:11 ScalpMan Kris what is the IB order entry system, or is that part of eSignal along with their charting?
11:26:45 ScalpMan IB commission is $0.0035 per share. That $7 both ways on 1000 share trade.
11:25:47 toptrade Kris, not to beat a dead horse but do you place the actual order using the e-sig platform
11:22:49 randall Do you think it is necessary to go with esignal? Did you do this because you can actually link with esignal unlike with Lightspeed?
11:16:52 toptrade Kris, do you use IB and e-signal
11:14:20 hammer Kris do you use lightspeed as your trading platform
11:02:54 junior WPRT
10:42:29 observer Platform is plain IA
10:41:05 EYES -USE- A- STOP out CNP .14
10:40:13 candelas average was 40.73 out 41.1
10:39:55 observer Windows xp
10:39:04 junior yes, 40.83 and out 41.10. not great entry but was moving fast
10:38:42 EYES -USE- A- STOP The news did not sound good
10:38:28 hammer out at 41.07
10:36:46 EYES -USE- A- STOP S cnp .26
10:16:58 EYES -USE- A- STOP CNP ALERT
10:13:21 baz6308 have a good weekend everybody! not too much fun Kris!!!!!
10:01:32 Bill cross on the stochcastic,macd,wm
09:59:29 Bill Kris,Did I read the signals wrong? At 12:27 and again at 12:47 GDgave a short signal or am I reading it wrong?
09:57:38 UpTick Out everything...good day. Have a good weekend everyone.
09:44:46 junior out SKH 11.28
09:36:11 Lightning L a little SKH 11.05
09:34:18 MRIguy Out OFC 35.30
09:17:48 MRIguy Long OFC 35.06
09:04:48 ScalpMan Bye Mitch got a bit of MCP short...thanks See you TUES.
09:03:33 ScalpMan Time to go...thanks for the info and ideas Kris and Brent. see you TUES
08:54:44 rusty TKR alert
08:50:02 UpTick I’m fine...Long at 70.83 GD. Today has been a relaxing profitable day so far.
08:49:30 LisaS gd put me to sleep an hour ago
08:39:24 kevin5 Kris, on what time frame do you look for your S/R levels typically
08:37:24 ScalpMan Ok...sorry if too many questions...I thought it a good time as things are slow.
08:37:13 gecko out of ipgp .37
08:35:53 ScalpMan I did 50 ema is 19.70 on 3 minute chart
08:32:47 toptrade out oxy short at 107.20 from 108
08:25:50 gecko l mnta again 19.79
08:25:32 DELHI Kris and Brent, Good teaching on profit, can pls. advise on stop loss.
08:23:35 toptrade out sqns short at 14.65 from 15.05
08:22:22 ScalpMan All out DWA...
08:21:29 ScalpMan Trailing up my stop on DWA ..it is trying another push...uuuuuhhhh!
08:17:50 gecko kris what platform do you back test on?
08:16:17 gecko stopped out mnta
08:15:14 ScalpMan DWA vWAP @ .50
08:14:35 ScalpMan Kris my strategy for entry on DWA was half position and then 5 100 share LONG spread over 20c above and below last price. I got an average of 25.08. What do you think...?
08:14:35 toptrade short sqns 15.05
08:11:14 ScalpMan 25.08 = .25 = 25.08 .25 = 25.33
08:10:31 toptrade out dwa 25.40
08:10:06 toptrade short cree 43.50
08:10:05 gecko l mnta 19.94 stop .79
08:07:44 ScalpMan Holding on 1/3 DWA...stop 25.11
08:06:15 ScalpMan Thanks Brent
08:06:11 ScalpMan Out another 1/3 DWA
08:04:53 ScalpMan Kris or Brent...if time, could you refresh me on formula for calculating a 1 percent profit from your entry?
08:01:27 frank1 good call =DWA Kris
08:01:11 EYES -USE- A- STOP long DWA 25.06
08:01:09 UpTick Also still Long GD 70.84; glad I didn’t put my stop at .64 and used .54 instead as recommended.
08:00:55 ScalpMan OUt 1/3 DWA @ 25.27 (about 1 percent )
07:59:04 UpTick L MNTA 19.93
07:54:42 ScalpMan Out MCP S small profit
07:52:18 ScalpMan DWA L @ 25.08 avg
07:52:17 gecko out .14 dwa
07:47:40 Lightning Thanks Kris on CTAS. Seems to have stalled here. Tuesday is probably a better bet
07:44:55 ghaziar Long DWA -- 25.00
07:43:51 baz6308 looks to me like the holiday flat line is approaching
07:42:31 Lightning too late in the day for the CTAS breakout?
07:25:28 UpTick Will GD find support here? That’s the question. L GD 70.84
07:05:20 ron in CDTI @ 10 out 10.38. thx guys
07:04:04 UpTick Great call on OXY Kris. Plus 1
07:03:58 topdogrex thanks Mitch, CDTI
07:03:31 ScalpMan got 15c on CDTI
07:01:22 fmattos LNG 0.3 out
07:00:12 IBDTrader Got .20 will watch it for another entry thx
06:57:46 jasonb kris, are you out LULU or still holding it short?
06:56:12 IBDTrader Brent SWKS stuck here in at 25.52
06:46:01 IBDTrader CDTI another 1k to scared to short it. Take my profit and run
06:42:57 babak MHS stop?
06:41:59 frank1 brcm thanks Kris
06:41:35 gecko i meant oxy
06:40:39 gecko out of brcm thanks Kris
06:36:27 IBDTrader CDTI 1k out
06:29:46 skydiver Good morning all and thanks TSA for all the pre- ideas.
06:17:13 junior Have been watching MHS, gave some good pre-market scalps, just watched though