[Mar 14, 2010 5:01:21 PM PDT] InvestorsLive Welcome All, new members welcome…
[Mar 14, 2010 5:01:37 PM PDT] InvestorsLive We usually follow same format… basically that’s me/Laura/Mud going thru the questions
[Mar 14, 2010 5:01:42 PM PDT] InvestorsLive feel free to ask questions on topic….
[Mar 14, 2010 5:01:52 PM PDT] InvestorsLive if they are off topic feel free to ask once we open it up
[Mar 14, 2010 5:02:03 PM PDT] InvestorsLive until then just keep channel clear so we have decent seminar chat logs
[Mar 14, 2010 5:02:20 PM PDT] InvestorsLive http://www.investorsunderground.com/2010/03/14/seminar-topics-by-date/
[Mar 14, 2010 5:03:00 PM PDT] InvestorsLive Laura went through the other seminars… those are the topics of each… I did the last 3 … I will continue to go through them
[Mar 14, 2010 5:03:06 PM PDT] InvestorsLive but for the new folks that should help you guys out HUGE
[Mar 14, 2010 5:03:18 PM PDT] InvestorsLive as far as … going thru prior seminars and what each covers
[Mar 14, 2010 5:03:21 PM PDT] InvestorsLive that’s the fast track
[Mar 14, 2010 5:03:31 PM PDT] InvestorsLive All other new members – http://www.investorsunderground.com/dashboard/
[Mar 14, 2010 5:03:37 PM PDT] InvestorsLive We have a dashboard which should be checked daily
[Mar 14, 2010 5:03:48 PM PDT] InvestorsLive we have a scan each night, I do and Muddy does …
[Mar 14, 2010 5:04:06 PM PDT] InvestorsLive Should chart each stock and become familiar with it because there’s a good chance if its in play .. we’ll more than likely trade it
[Mar 14, 2010 5:04:20 PM PDT] InvestorsLive cuts down on the time it takes you to decide whether or not your buying/shorting if you already know what it looks like
[Mar 14, 2010 5:04:33 PM PDT] InvestorsLive so I’m going to start off with the questions I got so far
[Mar 14, 2010 5:04:42 PM PDT] InvestorsLive and then open it right up if any further questions
[Mar 14, 2010 5:05:16 PM PDT] InvestorsLive How do you determine when a play is possible a swing? How do you determine the difference between momentun versus swing? Can a momentun play become a swing? Can you predict the end of a swing?
[Mar 14, 2010 5:06:00 PM PDT] InvestorsLive I usually try to be out before the “end” of any swing… most times…. I will only swing a chart that looks good on the chart… if it was a former runner… if its a sneaker… inch by inch …
[Mar 14, 2010 5:06:04 PM PDT] InvestorsLive whats the difference
[Mar 14, 2010 5:06:17 PM PDT] InvestorsLive http://bit.ly/dpD8Bv for example IMSC
[Mar 14, 2010 5:06:38 PM PDT] InvestorsLive solid support .. that’d be considering a decent swing chart… if I had bought last week… .30 support … perking up and broke prior resistance
[Mar 14, 2010 5:07:17 PM PDT] InvestorsLive that’s one “technically sound” but I tend to only “swing” aka 1-3 days… a week etc as long as the momentum follows through
[Mar 14, 2010 5:07:20 PM PDT] InvestorsLive something like STTD
[Mar 14, 2010 5:07:28 PM PDT] InvestorsLive STTN **
[Mar 14, 2010 5:07:43 PM PDT] InvestorsLive I was swinging… and then it didn’t hold green… last week
[Mar 14, 2010 5:07:56 PM PDT] InvestorsLive so it’s not worth it… but now its “back on track” and worthy of a swing for me
[Mar 14, 2010 5:08:09 PM PDT] InvestorsLive until again.. it doesn’t hold green… then I’d consider profits
[Mar 14, 2010 5:08:18 PM PDT] InvestorsLive http://bit.ly/c3zgUU
[Mar 14, 2010 5:08:39 PM PDT] InvestorsLive the inching charts… many time Muddy refers to the UBB walkers
[Mar 14, 2010 5:08:58 PM PDT] InvestorsLive Seminar 3/15/09
[Mar 14, 2010 5:09:08 PM PDT] InvestorsLive but like our fav’s
[Mar 14, 2010 5:09:09 PM PDT] InvestorsLive NXTH
[Mar 14, 2010 5:09:15 PM PDT] InvestorsLive and with that… MSEH AMOK etc
[Mar 14, 2010 5:09:42 PM PDT] InvestorsLive http://bit.ly/d5WppG http://bit.ly/9iHLA1
[Mar 14, 2010 5:09:50 PM PDT] InvestorsLive first is MSEH 2nd is AMOK
[Mar 14, 2010 5:10:10 PM PDT] InvestorsLive the front side of the pump…. not interested on the back side unless its the first bounce.. other than that don’t care about them
[Mar 14, 2010 5:10:19 PM PDT] InvestorsLive if you look at the 1 min charts…. its just a slow inch by inch all day
[Mar 14, 2010 5:10:42 PM PDT] InvestorsLive so that’s the only time I tend to “swing”
[Mar 14, 2010 5:10:51 PM PDT] InvestorsLive I only over night OTCBB / Pinks 95% of the time
[Mar 14, 2010 5:10:53 PM PDT] Laura I tend to swing short
[Mar 14, 2010 5:10:59 PM PDT] InvestorsLive other than that … swinging Nasdaq.. not my thing
[Mar 14, 2010 5:11:11 PM PDT] Laura overbought stocks like CPWM and SMTX this past week
[Mar 14, 2010 5:11:27 PM PDT] InvestorsLive ones with large charts… big moves .. that have volume
[Mar 14, 2010 5:11:50 PM PDT] tmaugham IL, when do you enter your swing trade, at the end of the day?
[Mar 14, 2010 5:12:04 PM PDT] InvestorsLive well depends not like the ones I just showed…
[Mar 14, 2010 5:12:14 PM PDT] InvestorsLive if you’ve been with us for a while… ur familar with MSEH AMOK … NXTH types
[Mar 14, 2010 5:12:21 PM PDT] InvestorsLive we usually tend to find them pretty early
[Mar 14, 2010 5:12:21 PM PDT] InvestorsLive but
[Mar 14, 2010 5:12:33 PM PDT] InvestorsLive that sorta brings me to the next topic of gappers
[Mar 14, 2010 5:12:37 PM PDT] InvestorsLive Muddy wanted me to cover a bit ..
[Mar 14, 2010 5:12:53 PM PDT] InvestorsLive I will post through the day what stocks are on my scan … Equity Feed scan
[Mar 14, 2010 5:13:08 PM PDT] InvestorsLive those that are interested click seminars – the one labeled Equity Feed discusses that in depth
[Mar 14, 2010 5:13:24 PM PDT] InvestorsLive but fortunately… the scan usually provides me with some great stocks with follow thru momentum
[Mar 14, 2010 5:13:59 PM PDT] InvestorsLive I’m not interested in low vol stocks, stuff that a handful of folks can get in and influence the price
[Mar 14, 2010 5:14:10 PM PDT] InvestorsLive that’s why when we have new members I am so hard on that stuff
[Mar 14, 2010 5:14:28 PM PDT] InvestorsLive stuff that hasn’t even traded more than $30k of $$ volume
[Mar 14, 2010 5:14:36 PM PDT] InvestorsLive is no ones interest but their own self…
[Mar 14, 2010 5:14:38 PM PDT] InvestorsLive so that’s the first thing
[Mar 14, 2010 5:14:45 PM PDT] InvestorsLive I want a stock that has a lot of trades
[Mar 14, 2010 5:14:50 PM PDT] InvestorsLive and a lot of volume
[Mar 14, 2010 5:15:03 PM PDT] InvestorsLive that way its not just 5-10 joe smoe’s in it… and actually has MOMENTUM that may carry through
[Mar 14, 2010 5:15:16 PM PDT] Laura me, too, gotta have $$$$ volume
[Mar 14, 2010 5:15:20 PM PDT] InvestorsLive so I tend to take profits in the morning
[Mar 14, 2010 5:15:23 PM PDT] InvestorsLive on the first move…
[Mar 14, 2010 5:15:42 PM PDT] InvestorsLive if it opens up a lil… and slow/steady incher like AMOK MSEH I’m ok with holding it out of the gate
[Mar 14, 2010 5:15:49 PM PDT] InvestorsLive if it gaps big…. %%% it… time for profits
[Mar 14, 2010 5:15:52 PM PDT] InvestorsLive what else are you here for?
[Mar 14, 2010 5:16:03 PM PDT] InvestorsLive you can always re buy lower/same price/higher …
[Mar 14, 2010 5:16:17 PM PDT] InvestorsLive I’d rather take the sure profit… and buy back once it proves… “hey I’m still going”
[Mar 14, 2010 5:16:43 PM PDT] InvestorsLive so the most improtant part about gappers is … if they don’t hold green/momentum out of the gate.. I’m taking it off ….
[Mar 14, 2010 5:16:52 PM PDT] InvestorsLive most gappers are “technically sound”
[Mar 14, 2010 5:17:10 PM PDT] InvestorsLive meaning… they are on some sort of breakout… and not just a choppy chart that happened to breakout one day
[Mar 14, 2010 5:17:16 PM PDT] InvestorsLive and close near highs
[Mar 14, 2010 5:17:28 PM PDT] InvestorsLive so if you’re holding over night.. the goal is profits in the morning
[Mar 14, 2010 5:17:50 PM PDT] InvestorsLive I post many times throughout the day what’s on my scan.. whats closing strong – those that had big moves in the AM … I’ll look for pull backs
[Mar 14, 2010 5:18:04 PM PDT] InvestorsLive as you saw on a few… like SHAR example… 3:20… is not a good time for a breakout move to buy
[Mar 14, 2010 5:18:06 PM PDT] InvestorsLive over night
[Mar 14, 2010 5:18:24 PM PDT] InvestorsLive I’d be selling into that move… and hopes that we get a dip the final 20 minutes before close
[Mar 14, 2010 5:18:58 PM PDT] InvestorsLive I don’t have a problem posting the extremely liquid stocks I am holding over but others on scan… I will just post the scans at the moment and you guys can pick from there
[Mar 14, 2010 5:19:12 PM PDT] InvestorsLive I don’t post what I am holding over on purpose …
[Mar 14, 2010 5:19:14 PM PDT] InvestorsLive does no good for anyone
[Mar 14, 2010 5:19:43 PM PDT] InvestorsLive if I said 10 minutes to the bell I’m holding over XYZ … chances are there would be a mad buying rush into close and then what in the AM?
[Mar 14, 2010 5:19:45 PM PDT] InvestorsLive first one out wins?
[Mar 14, 2010 5:19:51 PM PDT] InvestorsLive not my style….
[Mar 14, 2010 5:19:57 PM PDT] InvestorsLive but I will tell you 5-10 stocks that are closing well
[Mar 14, 2010 5:20:12 PM PDT] InvestorsLive and you can make decision from there if you’re looking to hold over night… its a good strategy for folks under PDT
[Mar 14, 2010 5:20:17 PM PDT] InvestorsLive with lower $$ value accounts
[Mar 14, 2010 5:20:42 PM PDT] InvestorsLive so that’s the maint hing with gappers …
[Mar 14, 2010 5:20:44 PM PDT] InvestorsLive like TDGI …
[Mar 14, 2010 5:21:02 PM PDT] InvestorsLive if you look at the chart… 2:30PM + is too early for an EOD move
[Mar 14, 2010 5:21:26 PM PDT] InvestorsLive take profits into the break… held the “whole number test” aka .04 … then 3:30-3:40+ it started to rampo
[Mar 14, 2010 5:21:28 PM PDT] InvestorsLive ramp
[Mar 14, 2010 5:21:37 PM PDT] InvestorsLive ATTD another perfect example
[Mar 14, 2010 5:21:44 PM PDT] InvestorsLive was steady alllllllllllll day flat line
[Mar 14, 2010 5:21:50 PM PDT] InvestorsLive then the whole # break of .06
[Mar 14, 2010 5:22:00 PM PDT] InvestorsLive many of us nailed Friday… + the PSC (pennystockchaser tweet)
[Mar 14, 2010 5:22:08 PM PDT] InvestorsLive gotta love that… technical breakout
[Mar 14, 2010 5:22:11 PM PDT] InvestorsLive HOD break
[Mar 14, 2010 5:22:19 PM PDT] InvestorsLive + pump into close… you know they are gonna pump over weekend
[Mar 14, 2010 5:22:27 PM PDT] InvestorsLive textbook textbook textbook all around
[Mar 14, 2010 5:22:51 PM PDT] InvestorsLive I bought a ton on the technical breakout andf then locked some in into the PSC pump
[Mar 14, 2010 5:23:02 PM PDT] InvestorsLive because lowers my risk over night if I’m already sitting on a $500+ profit
[Mar 14, 2010 5:23:13 PM PDT] InvestorsLive you guys saw that play out on Friday
[Mar 14, 2010 5:23:15 PM PDT] InvestorsLive if not.. check the chat logs
[Mar 14, 2010 5:23:30 PM PDT] InvestorsLive any questions on what we’ve convered so far?
[Mar 14, 2010 5:23:33 PM PDT] InvestorsLive gappers…. etc
[Mar 14, 2010 5:23:35 PM PDT] jangidap IL, can you pls briefly explain the ‘whole # break’
[Mar 14, 2010 5:23:42 PM PDT] InvestorsLive btw this I use for OTCBB and PINKS
[Mar 14, 2010 5:23:47 PM PDT] InvestorsLive So many times I get PMs
[Mar 14, 2010 5:23:51 PM PDT] InvestorsLive XYZ Nasdaq for gapper?
[Mar 14, 2010 5:23:54 PM PDT] Tommy123 So if a stock gaps in the morning its a no touch rule?
[Mar 14, 2010 5:23:55 PM PDT] InvestorsLive I will ignore… if its Nasdaq
[Mar 14, 2010 5:24:05 PM PDT] InvestorsLive if you guys PM me last 10 minutes
[Mar 14, 2010 5:24:20 PM PDT] InvestorsLive asking me if a Nasdaq is a gapper… I’m just gonna ignore it liek I usually do b/c I’m looking for my own gappers
[Mar 14, 2010 5:24:26 PM PDT] InvestorsLive and Nadsaqs are 50/50
[Mar 14, 2010 5:24:36 PM PDT] InvestorsLive Nasdaq’s are influenced by outside factors… the World….
[Mar 14, 2010 5:24:38 PM PDT] InvestorsLive Terrorist etc
[Mar 14, 2010 5:24:40 PM PDT] graps how reliable is it for OTCBB/pinks to gap based on this method?
[Mar 14, 2010 5:24:44 PM PDT] InvestorsLive OTCBBs … if market is down 500 pts
[Mar 14, 2010 5:24:45 PM PDT] InvestorsLive they still rock
[Mar 14, 2010 5:25:02 PM PDT] InvestorsLive jang – whole # … same thing as we go over for higher priced nasdaqs….
[Mar 14, 2010 5:25:07 PM PDT] InvestorsLive $6 break… $7 break….
[Mar 14, 2010 5:25:12 PM PDT] InvestorsLive .05 break… .06 break
[Mar 14, 2010 5:25:18 PM PDT] InvestorsLive just look at ATTD 1 min chart on Friday
[Mar 14, 2010 5:25:21 PM PDT] cabernet5 If you’re not in a stock o/n and it gaps, do you wait for gap fill to get in?
[Mar 14, 2010 5:25:26 PM PDT] InvestorsLive sideways allllllllllllllllllll day … big volume – price consolidation
[Mar 14, 2010 5:25:33 PM PDT] InvestorsLive what’s the next technical breakout spot?
[Mar 14, 2010 5:25:35 PM PDT] InvestorsLive if its .058
[Mar 14, 2010 5:25:43 PM PDT] InvestorsLive where would the next round of buyers come in?
[Mar 14, 2010 5:25:52 PM PDT] InvestorsLive physiologically makes sense
[Mar 14, 2010 5:26:03 PM PDT] InvestorsLive .06 break = big break … was the top all day at .058 …
[Mar 14, 2010 5:26:14 PM PDT] InvestorsLive last 15 minutes .06 break… sure as hell there’s gonna be momentum coming in
[Mar 14, 2010 5:26:35 PM PDT] InvestorsLive Tommy – if it gaps a lot like hototc plays I generally don’t touch unless it holds out of the gate
[Mar 14, 2010 5:26:37 PM PDT] InvestorsLive and re-test HODs
[Mar 14, 2010 5:26:47 PM PDT] InvestorsLive those that are new … review the last seminars (last 3) for the HOD and re-test
[Mar 14, 2010 5:26:55 PM PDT] InvestorsLive I had pictures of charts to help you guys understand
[Mar 14, 2010 5:27:06 PM PDT] InvestorsLive that’s what we look for …
[Mar 14, 2010 5:27:15 PM PDT] InvestorsLive graps – I only use it on OTCBB/Pink
[Mar 14, 2010 5:27:27 PM PDT] InvestorsLive cabernet – same as what I said to Tommy… let it pull back…
[Mar 14, 2010 5:27:38 PM PDT] InvestorsLive if it doesn’t … let it consolidate and then maybe buy for the re-test of HOD/breakout
[Mar 14, 2010 5:27:41 PM PDT] InvestorsLive or whole number
[Mar 14, 2010 5:27:49 PM PDT] InvestorsLive it’s all about limiting your risk…
[Mar 14, 2010 5:28:06 PM PDT] InvestorsLive any other questions regarding gappers etc?
[Mar 14, 2010 5:28:14 PM PDT] devils63den explain whole #
[Mar 14, 2010 5:28:20 PM PDT] graps how reliable is it for otcbb / pink stocks
[Mar 14, 2010 5:28:49 PM PDT] InvestorsLive I don’t have a # for you graps…
[Mar 14, 2010 5:28:54 PM PDT] InvestorsLive that’s what I use that gap method for….
[Mar 14, 2010 5:28:58 PM PDT] InvestorsLive as I said
[Mar 14, 2010 5:29:01 PM PDT] InvestorsLive OTCBB and Pinks
[Mar 14, 2010 5:29:07 PM PDT] devils63den whole number
[Mar 14, 2010 5:29:22 PM PDT] InvestorsLive easy devils sheesh 1 sec ha
[Mar 14, 2010 5:29:25 PM PDT] InvestorsLive 1 at a time
[Mar 14, 2010 5:29:37 PM PDT] InvestorsLive whole number breaks… physiological
[Mar 14, 2010 5:29:40 PM PDT] devils63den lol
[Mar 14, 2010 5:29:47 PM PDT] devils63den k
[Mar 14, 2010 5:29:48 PM PDT] InvestorsLive if a stock is $5.85 all day…
[Mar 14, 2010 5:29:52 PM PDT] InvestorsLive let say ran in the AM
[Mar 14, 2010 5:30:02 PM PDT] InvestorsLive 5.50… to 5.90
[Mar 14, 2010 5:30:08 PM PDT] InvestorsLive then settled back 5.80 range….
[Mar 14, 2010 5:30:14 PM PDT] InvestorsLive then later on starts re-testing near HODs
[Mar 14, 2010 5:30:21 PM PDT] InvestorsLive 5.80… 5.85 …
[Mar 14, 2010 5:30:29 PM PDT] InvestorsLive physiological break point nearing (whole #) = $6
[Mar 14, 2010 5:30:38 PM PDT] InvestorsLive so few reasons why it’d make a good buy on the breaj
[Mar 14, 2010 5:30:39 PM PDT] InvestorsLive break
[Mar 14, 2010 5:30:51 PM PDT] Sherry on ADDT , i bought that early on, and got out when it didnt move up, and it didnt break out
[Mar 14, 2010 5:30:52 PM PDT] InvestorsLive re-tested breaks HOD (5.90) and next reasoning comes in of a $6 break
[Mar 14, 2010 5:31:02 PM PDT] graps so you enter at the HOD or before the HOD?
[Mar 14, 2010 5:31:05 PM PDT] InvestorsLive so multiple reasons as to why it may have increased momentum
[Mar 14, 2010 5:31:11 PM PDT] devils63den great explantion thanks
[Mar 14, 2010 5:31:17 PM PDT] InvestorsLive on what example graps?
[Mar 14, 2010 5:31:23 PM PDT] Sherry till friday
[Mar 14, 2010 5:31:33 PM PDT] graps the one you just explained about whole #’s
[Mar 14, 2010 5:31:44 PM PDT] InvestorsLive well if its coming off consolidation
[Mar 14, 2010 5:31:50 PM PDT] InvestorsLive I’d prob be in on the perk off consolidation
[Mar 14, 2010 5:31:52 PM PDT] InvestorsLive for the re-test of HODs
[Mar 14, 2010 5:32:01 PM PDT] InvestorsLive but if it I wasn’t in many times I ‘anticipate’ the move
[Mar 14, 2010 5:32:07 PM PDT] InvestorsLive and buy a lil before the break… sometimes 1/2 size
[Mar 14, 2010 5:32:11 PM PDT] InvestorsLive and add if it breaks/holds
[Mar 14, 2010 5:32:28 PM PDT] Tommy123 how do you know if its consolidating?(sorry if its a stupid question)
[Mar 14, 2010 5:33:05 PM PDT] InvestorsLive http://www.investorsunderground.com/2010/02/15/Muddys-scans-trading-set-up-examples-seminar/
[Mar 14, 2010 5:33:19 PM PDT] InvestorsLive should help you
[Mar 14, 2010 5:33:30 PM PDT] InvestorsLive we spent a whole seminar reviewing patterns we’re looking for – for entry
[Mar 14, 2010 5:33:46 PM PDT] InvestorsLive that’s what it’s about – charts like those (that we covered in the seminar)
[Mar 14, 2010 5:34:07 PM PDT] InvestorsLive charts Muddy and I post and others that have been her ea while are mostly former runners
[Mar 14, 2010 5:34:11 PM PDT] InvestorsLive stocks we know have a chance to run
[Mar 14, 2010 5:34:15 PM PDT] InvestorsLive I got a question regarding former runners…
[Mar 14, 2010 5:34:20 PM PDT] InvestorsLive if we could just give a list of what they are….
[Mar 14, 2010 5:34:32 PM PDT] InvestorsLive impossible… even if we could … wouldn’t do you any good
[Mar 14, 2010 5:34:37 PM PDT] InvestorsLive its about building it in your mind
[Mar 14, 2010 5:34:37 PM PDT] devils63den ATTD traded sidways all day friday
[Mar 14, 2010 5:34:50 PM PDT] devils63den id that a overnight hold
[Mar 14, 2010 5:34:51 PM PDT] InvestorsLive stocks you see this week next week that move big…
[Mar 14, 2010 5:34:53 PM PDT] InvestorsLive for example
[Mar 14, 2010 5:34:56 PM PDT] InvestorsLive ZANE
[Mar 14, 2010 5:35:02 PM PDT] InvestorsLive in 6 months or a year once its back down
[Mar 14, 2010 5:35:05 PM PDT] devils63den or a sell early morning
[Mar 14, 2010 5:35:09 PM PDT] InvestorsLive and consolidating nicely…. and it hits our scans
[Mar 14, 2010 5:35:14 PM PDT] devils63den or ata close
[Mar 14, 2010 5:35:15 PM PDT] InvestorsLive everyone will know
[Mar 14, 2010 5:35:19 PM PDT] InvestorsLive ZANE can move!
[Mar 14, 2010 5:35:25 PM PDT] InvestorsLive because now … you know…. its a former runner
[Mar 14, 2010 5:35:27 PM PDT] InvestorsLive that’s how you build it…
[Mar 14, 2010 5:35:35 PM PDT] InvestorsLive its based on reviewing charts… remembering
[Mar 14, 2010 5:35:40 PM PDT] InvestorsLive and that allows you to move that much faster
[Mar 14, 2010 5:35:50 PM PDT] graps how do you know it can move just because it was a former runner?
[Mar 14, 2010 5:36:11 PM PDT] tytrading do you give key words when you are buying a stock that you think will move?
[Mar 14, 2010 5:36:11 PM PDT] InvestorsLive because … in past has been a good runner… other times for example
[Mar 14, 2010 5:36:18 PM PDT] InvestorsLive you’ll come across a stock that may pop and EVERY TIME
[Mar 14, 2010 5:36:21 PM PDT] InvestorsLive it sells off right away
[Mar 14, 2010 5:36:23 PM PDT] devils63den patterns?
[Mar 14, 2010 5:36:27 PM PDT] InvestorsLive you’ll remember that kinda stuff too
[Mar 14, 2010 5:36:31 PM PDT] InvestorsLive for example Mud and L
[Mar 14, 2010 5:36:38 PM PDT] InvestorsLive are real good at this… they know stocks that pop huge… that NEVER hold their gains
[Mar 14, 2010 5:36:47 PM PDT] InvestorsLive and end up shorting them and comfy over night with an s/s
[Mar 14, 2010 5:36:59 PM PDT] InvestorsLive tytrading – sure we mention former runners many times
[Mar 14, 2010 5:37:20 PM PDT] InvestorsLive doesn’t mean that its a buy right then… it’s all about buying for a purpose – HOD re-test
[Mar 14, 2010 5:37:22 PM PDT] InvestorsLive coming off consolidation
[Mar 14, 2010 5:37:22 PM PDT] InvestorsLive etc
[Mar 14, 2010 5:37:34 PM PDT] Laura knowing former runners is a major edge
[Mar 14, 2010 5:38:07 PM PDT] Laura exactly IL, if ZANE pops a year from now we will hop right on it
[Mar 14, 2010 5:38:33 PM PDT] InvestorsLive devils – if you’re asking if that’s a hold over night re: ATTD yes, that’s what we called for since PSC pump + closing strong… if it gaps big I’ll be taking some/all profits and if it stays up don’t mind rebuying.. but chances are it’ll pull back at some point
[Mar 14, 2010 5:38:51 PM PDT] InvestorsLive same stuff with beat OTCBB stocks….
[Mar 14, 2010 5:38:58 PM PDT] InvestorsLive its all about a former runner + beat charts in this market
[Mar 14, 2010 5:39:05 PM PDT] InvestorsLive once a pump always a pump
[Mar 14, 2010 5:39:16 PM PDT] InvestorsLive the thing is .. you’ve just got to play the momentum and roll out
[Mar 14, 2010 5:39:42 PM PDT] InvestorsLive few times some folks have PMed me… saying YEA BUT THIS COMPANY HAS REAL PRODUCTS etc etc THEY ARE ABOUT TO DO THIS ABOUT TO DO THAT
[Mar 14, 2010 5:39:48 PM PDT] InvestorsLive and get defensive about their bagholdings to me
[Mar 14, 2010 5:39:54 PM PDT] InvestorsLive if you guys want to play that way… do it..
[Mar 14, 2010 5:39:56 PM PDT] InvestorsLive you’ll run outta $$
[Mar 14, 2010 5:39:58 PM PDT] InvestorsLive 🙂
[Mar 14, 2010 5:40:07 PM PDT] InvestorsLive if you take nothing else from this chat room
[Mar 14, 2010 5:40:12 PM PDT] devils63den follow the momentun
[Mar 14, 2010 5:40:14 PM PDT] InvestorsLive it’s to play momentum, take your profits
[Mar 14, 2010 5:40:16 PM PDT] devils63den right
[Mar 14, 2010 5:40:20 PM PDT] InvestorsLive ride the rest … sure ride free shares etc if you want
[Mar 14, 2010 5:40:22 PM PDT] InvestorsLive like ATTD
[Mar 14, 2010 5:40:36 PM PDT] InvestorsLive I was in under .035 because my reaction is so quick to Pennystockchasers tweets
[Mar 14, 2010 5:40:41 PM PDT] Tommy123 How do you know when to jump into a momentum stock?
[Mar 14, 2010 5:40:45 PM PDT] InvestorsLive then I sold all but 25k, and road them because they are free to me…
[Mar 14, 2010 5:40:53 PM PDT] devils63den thats a hard lesson to learn palt momentum
[Mar 14, 2010 5:40:56 PM PDT] InvestorsLive now I always have a “padding” so I played 100k + on the .06 break
[Mar 14, 2010 5:41:14 PM PDT] InvestorsLive when to jump in? Tommy – review that seminar
[Mar 14, 2010 5:41:26 PM PDT] InvestorsLive you’re asking same question
[Mar 14, 2010 5:41:28 PM PDT] InvestorsLive in different ways
[Mar 14, 2010 5:41:34 PM PDT] Tommy123 sorry
[Mar 14, 2010 5:41:37 PM PDT] InvestorsLive just review the seminar – bunch of diff scenarios with charts
[Mar 14, 2010 5:41:44 PM PDT] InvestorsLive and different reasonings on buying
[Mar 14, 2010 5:42:31 PM PDT] InvestorsLive Just another quick question I had in email was what I use for indicators – I just use 1 min candlestick charting w/ volume bars
[Mar 14, 2010 5:42:32 PM PDT] InvestorsLive simple
[Mar 14, 2010 5:42:45 PM PDT] InvestorsLive I also look at 3 month + 6 month if I can’t tell anything in the 3 month time frame
[Mar 14, 2010 5:42:51 PM PDT] tobyzss Say, you are looking at selling a gapper in the morning, right after open, SHAR hit .03, do you sell below that, .0295 to make sure your out??
[Mar 14, 2010 5:43:06 PM PDT] cabernet5 do you use last three bars at the open to establishh support/resistance?
[Mar 14, 2010 5:43:28 PM PDT] InvestorsLive that’s where I sold SHAR that day… ya… u can sell right at .03 sure – depends if it doesn’t have much volume out of the gate tonyzss… no momentum follow thru – not interested in being in
[Mar 14, 2010 5:43:53 PM PDT] InvestorsLive if it does… maybe holds .03 and goes but it had a real weak follow thru so to me… I just get out I can always re buy higher if I want back in
[Mar 14, 2010 5:44:21 PM PDT] InvestorsLive cabernet – that’s something Muddy does to determine support/resistance/potential range
[Mar 14, 2010 5:45:10 PM PDT] InvestorsLive QUESTION: You shorted YUII on Friday at 10.40 (I think); I was wondering what made you short it at that price? I could not see YUII being at any inflection point at that price and wanted to know what was your reasoning. If anything I thought it may go up since it gapped down so much on Thursday.
[Mar 14, 2010 5:45:30 PM PDT] InvestorsLive I like charts like YUII for a few reasons
[Mar 14, 2010 5:45:42 PM PDT] InvestorsLive if you go back and look at our XNPT trades…. they make great longs after a few days of consolidation
[Mar 14, 2010 5:45:49 PM PDT] InvestorsLive but stocks that have a quick 2 day bounce….
[Mar 14, 2010 5:45:53 PM PDT] InvestorsLive aka drop day 1 huge
[Mar 14, 2010 5:45:56 PM PDT] InvestorsLive rebound big day 2
[Mar 14, 2010 5:46:00 PM PDT] InvestorsLive and up again on the 3rd day
[Mar 14, 2010 5:46:08 PM PDT] InvestorsLive usually I like a short that day…
[Mar 14, 2010 5:46:19 PM PDT] InvestorsLive short was fine the first time but I didn’t take profits… but comfortable with the short for the day….
[Mar 14, 2010 5:46:29 PM PDT] InvestorsLive went down like .20-.25 but then ended up coming right back up… I think to 10.60s
[Mar 14, 2010 5:46:42 PM PDT] InvestorsLive then faded again covered in the 10.25 range or so if I remember right
[Mar 14, 2010 5:46:50 PM PDT] InvestorsLive but that’s all about doing the homework before hand
[Mar 14, 2010 5:47:08 PM PDT] InvestorsLive I knew what the chart looked like
[Mar 14, 2010 5:47:20 PM PDT] InvestorsLive my risk/reward I feel my reward is better on the downside
[Mar 14, 2010 5:47:28 PM PDT] InvestorsLive than upside based on the recent action
[Mar 14, 2010 5:47:30 PM PDT] InvestorsLive that’s all that happened there
[Mar 14, 2010 5:47:43 PM PDT] devils63den this question comes yp often among IL users
[Mar 14, 2010 5:47:44 PM PDT] InvestorsLive I am currently using Charles Schwab. I wanted to switch to a different broker with better commission rates. What do you recommend? Which one do you use?
[Mar 14, 2010 5:47:54 PM PDT] InvestorsLive This I prefer to answer any day after hours… everyone always around to help
[Mar 14, 2010 5:47:56 PM PDT] devils63den with so many picks to follow
[Mar 14, 2010 5:48:04 PM PDT] InvestorsLive I use SpeedTrader… many use IB and SogoTrade/Elite
[Mar 14, 2010 5:48:21 PM PDT] InvestorsLive if you have specific questions any day after hours … theres some1 with any broker in here…
[Mar 14, 2010 5:48:26 PM PDT] devils63den what do you recomand on zeroing in on a few to get started
[Mar 14, 2010 5:48:28 PM PDT] InvestorsLive and everyone is helpful so your best bet
[Mar 14, 2010 5:48:39 PM PDT] devils63den the pace is very fast
[Mar 14, 2010 5:48:56 PM PDT] InvestorsLive try to ask a question in one line (think if u were reading this seminar after the fact)
[Mar 14, 2010 5:49:22 PM PDT] InvestorsLive its a momentum chat room devils – we prepare you with these seminars… it depends what kind of trader you are
[Mar 14, 2010 5:49:24 PM PDT] InvestorsLive or become….
[Mar 14, 2010 5:49:35 PM PDT] devils63den thats why iam here
[Mar 14, 2010 5:49:37 PM PDT] InvestorsLive whether you are more low priced OTCBB/Pinksheet player (ie: chedhed/Fugu have agreat alerts)
[Mar 14, 2010 5:49:42 PM PDT] ravichandratbv3 we can go back and look at this chat seminar later right ?
[Mar 14, 2010 5:49:46 PM PDT] devils63den information
[Mar 14, 2010 5:49:51 PM PDT] InvestorsLive If you prefer lower float Nasdaqs known to run in past (Muddy)
[Mar 14, 2010 5:50:13 PM PDT] InvestorsLive or if you prefer playing the breakouts locking in profits and riding the rest + OTCBB momentum stocks with big charts (Muddy and myself)
[Mar 14, 2010 5:50:45 PM PDT] InvestorsLive so for example devils – the seminar I linked for Tommy earlier – has the main set ups we look for
[Mar 14, 2010 5:50:50 PM PDT] InvestorsLive the best bang for your buck
[Mar 14, 2010 5:50:52 PM PDT] InvestorsLive risk/reward
[Mar 14, 2010 5:51:33 PM PDT] shimke can u link it again please
[Mar 14, 2010 5:51:56 PM PDT] Tommy123 During the day in chat do you usually stick with all the stocks you scanned the night before or do you add lots more which werent on the list?
[Mar 14, 2010 5:52:21 PM PDT] InvestorsLive shimke- http://www.investorsunderground.com/2010/02/15/Muddys-scans-trading-set-up-examples-seminar/
[Mar 14, 2010 5:52:21 PM PDT] ravichandratbv3 every alert whether OTCBB/NASDAQ comes here ?
[Mar 14, 2010 5:52:29 PM PDT] shimke thanks
[Mar 14, 2010 5:52:37 PM PDT] InvestorsLive yes ravi – we have a sub penny room as well
[Mar 14, 2010 5:52:40 PM PDT] InvestorsLive off the dashboard
[Mar 14, 2010 5:52:56 PM PDT] InvestorsLive of course Tommy – u see a ton of stocks that aren’t on scans
[Mar 14, 2010 5:53:04 PM PDT] InvestorsLive point of the scans is you’re prepared right away when they do come on scan
[Mar 14, 2010 5:53:08 PM PDT] InvestorsLive like L mentioned the ones they were short
[Mar 14, 2010 5:53:33 PM PDT] InvestorsLive you be on any big move to the upside they are looking to get short – mayn times at night Muddy will mention ones he’s looking for short since they had a big move to the upside
[Mar 14, 2010 5:53:39 PM PDT] InvestorsLive (don’t worry he mentions in AM too)
[Mar 14, 2010 5:53:48 PM PDT] InvestorsLive for example the ones L said they swung short
[Mar 14, 2010 5:54:11 PM PDT] InvestorsLive any other questions so far?
[Mar 14, 2010 5:54:28 PM PDT] InvestorsLive Again to the new members for some reason so many don’t realize we have this page: http://www.investorsunderground.com/dashboard/
[Mar 14, 2010 5:54:36 PM PDT] InvestorsLive we have chat logs every day / scans and seminars
[Mar 14, 2010 5:54:57 PM PDT] Tommy123 Is Equity Feed a must?
[Mar 14, 2010 5:54:59 PM PDT] ravichandratbv3 Looking at two chat rooms seems to be hard ?
[Mar 14, 2010 5:55:16 PM PDT] InvestorsLive There’s a 30 day $1 trial Tommy …
[Mar 14, 2010 5:55:23 PM PDT] InvestorsLive you can check it out for $1 buck
[Mar 14, 2010 5:55:26 PM PDT] InvestorsLive for 30 days
[Mar 14, 2010 5:55:32 PM PDT] InvestorsLive I make a ton of $$ off the scans.. and so does the chat
[Mar 14, 2010 5:55:37 PM PDT] Tommy123 used it up and missed out on it.
[Mar 14, 2010 5:55:57 PM PDT] graps What do you use Equity feed for IL? Does it have the HOD list or level 2 ?
[Mar 14, 2010 5:55:59 PM PDT] Laura ravi, choose your niche
[Mar 14, 2010 5:56:01 PM PDT] InvestorsLive ravic – u just joined tonight…. why don’t you give it more than 2 hours
[Mar 14, 2010 5:56:09 PM PDT] InvestorsLive and check it out for yourself tomorrow
[Mar 14, 2010 5:56:17 PM PDT] Laura if newer, I’d advise stay out of subber room
[Mar 14, 2010 5:56:29 PM PDT] InvestorsLive I trade / run a chat / scans / tweet / IM / email and view both chats….
[Mar 14, 2010 5:56:33 PM PDT] InvestorsLive if you can’t view 2 chats …
[Mar 14, 2010 5:56:34 PM PDT] InvestorsLive I dunno
[Mar 14, 2010 5:56:35 PM PDT] InvestorsLive 🙂
[Mar 14, 2010 5:57:01 PM PDT] InvestorsLive but yea… subber room only if you listen to my “advice” and that is to TAKE PROFITS ALONG THE WAY ON MOVES
[Mar 14, 2010 5:57:10 PM PDT] InvestorsLive so many folks never do and end up bagging it and adding and adding and adding
[Mar 14, 2010 5:57:21 PM PDT] InvestorsLive again,… if you want to succeed … it’s about momentum
[Mar 14, 2010 5:57:27 PM PDT] InvestorsLive and taking profits along the way
[Mar 14, 2010 5:57:46 PM PDT] ravichandratbv3 Sure I will see tomm thank you
[Mar 14, 2010 5:58:10 PM PDT] InvestorsLive any users on day 7-14 of their trial (aka been in chat room a week + ) have questions? having trouble?
[Mar 14, 2010 5:59:00 PM PDT] tobyzss what is rule of thumb on buying or selling stocks, vs. bid/ ask price,
[Mar 14, 2010 5:59:14 PM PDT] devils63den me thats why maybe get of topic want to get it right your all helpful
[Mar 14, 2010 5:59:15 PM PDT] InvestorsLive most stocks we play are pretty tight
[Mar 14, 2010 5:59:21 PM PDT] InvestorsLive and if they aren’t we wait for them to get tight
[Mar 14, 2010 5:59:29 PM PDT] InvestorsLive since when stocks are nearing their breaks…..
[Mar 14, 2010 5:59:32 PM PDT] InvestorsLive usually tigtens up quite a bit
[Mar 14, 2010 6:00:09 PM PDT] InvestorsLive that was re: toby
[Mar 14, 2010 6:00:09 PM PDT] Tommy123 IL sometimes I see guys and gals in chat say XYZQ testing new high XYDQ near highs of day, XYTQ near low of day why is all this important and do you have seminar about it?
[Mar 14, 2010 6:00:17 PM PDT] InvestorsLive same one..
[Mar 14, 2010 6:00:28 PM PDT] InvestorsLive LOD don’t really care about most times
[Mar 14, 2010 6:00:30 PM PDT] InvestorsLive unless its a big chart
[Mar 14, 2010 6:00:35 PM PDT] InvestorsLive or we’re in a big shorting market
[Mar 14, 2010 6:00:44 PM PDT] InvestorsLive but HODs, re-testing HODs… review that seminar I gave you
[Mar 14, 2010 6:00:51 PM PDT] InvestorsLive its 80% + of our trades most times
[Mar 14, 2010 6:00:54 PM PDT] Laura when I call lods, it’s usually for short opp
[Mar 14, 2010 6:00:55 PM PDT] InvestorsLive from 1-2pm+
[Mar 14, 2010 6:01:13 PM PDT] InvestorsLive for example … lets say a stock (in L and Mud’s case)
[Mar 14, 2010 6:01:23 PM PDT] graps what types of plays are in play early in the morning?
[Mar 14, 2010 6:01:23 PM PDT] InvestorsLive has gone 1.50 to 4
[Mar 14, 2010 6:01:29 PM PDT] InvestorsLive in the past few days…. strtaight up
[Mar 14, 2010 6:01:31 PM PDT] InvestorsLive never even looked back
[Mar 14, 2010 6:01:41 PM PDT] InvestorsLive there’s a good chance … Laura will note when it hits LOD
[Mar 14, 2010 6:01:51 PM PDT] InvestorsLive because it was MORE THAN LIKELY unless Mud was sleeping
[Mar 14, 2010 6:01:54 PM PDT] InvestorsLive on his Darkside watches
[Mar 14, 2010 6:01:58 PM PDT] InvestorsLive we know its a big chart…
[Mar 14, 2010 6:02:02 PM PDT] InvestorsLive and we know that green to red
[Mar 14, 2010 6:02:06 PM PDT] Laura lol sleeping
[Mar 14, 2010 6:02:08 PM PDT] InvestorsLive a stock $1.50 to $4
[Mar 14, 2010 6:02:17 PM PDT] InvestorsLive say it breaks … opens $4.10
[Mar 14, 2010 6:02:20 PM PDT] InvestorsLive runs to $4.30
[Mar 14, 2010 6:02:24 PM PDT] InvestorsLive then starts to fade
[Mar 14, 2010 6:02:33 PM PDT] InvestorsLive L/Mud are gonna mentioned that LOD
[Mar 14, 2010 6:02:37 PM PDT] InvestorsLive breaks under $4
[Mar 14, 2010 6:02:41 PM PDT] InvestorsLive 3.99 … LOD…. etc etc
[Mar 14, 2010 6:02:49 PM PDT] InvestorsLive anyone who reviewed ANY chart knows its a big chart
[Mar 14, 2010 6:02:53 PM PDT] InvestorsLive and knows risk/reward is on the short side
[Mar 14, 2010 6:03:07 PM PDT] InvestorsLive you don’t see many LOD alerts…
[Mar 14, 2010 6:03:19 PM PDT] InvestorsLive from me and/or Mud/L but when we do … its a stock that’s had a BIG run
[Mar 14, 2010 6:03:22 PM PDT] Muddy me, when i call test, it’s on a vol spike and jig qbox, off a consolidaion most times
[Mar 14, 2010 6:03:39 PM PDT] InvestorsLive doesn’t mean short right away… watch it … watch it off the next push
[Mar 14, 2010 6:03:47 PM PDT] InvestorsLive if it fails to get back over $4
[Mar 14, 2010 6:03:52 PM PDT] InvestorsLive prolly good to take it short for the next fade
[Mar 14, 2010 6:04:08 PM PDT] Tommy123 thanks
[Mar 14, 2010 6:04:09 PM PDT] InvestorsLive many times when I’m watching a stock that’s had a big run
[Mar 14, 2010 6:04:14 PM PDT] InvestorsLive i will tell you what price I am looking
[Mar 14, 2010 6:04:16 PM PDT] InvestorsLive for a re-test
[Mar 14, 2010 6:04:19 PM PDT] InvestorsLive if it fails….
[Mar 14, 2010 6:04:21 PM PDT] InvestorsLive ba da bing…
[Mar 14, 2010 6:04:21 PM PDT] Laura I was short SMTX a dollar ago, so when it ran big other day and started the fade…….I went in
[Mar 14, 2010 6:04:29 PM PDT] Tommy123 retest?
[Mar 14, 2010 6:04:54 PM PDT] InvestorsLive now SMTX .. maybe finds support $2 range…
[Mar 14, 2010 6:05:00 PM PDT] InvestorsLive importance of whole #s
[Mar 14, 2010 6:05:05 PM PDT] InvestorsLive I’m sure Mud/L will be watching
[Mar 14, 2010 6:05:10 PM PDT] InvestorsLive if it starts to hold that … and doesn’t break under
[Mar 14, 2010 6:05:20 PM PDT] InvestorsLive physiological support level
[Mar 14, 2010 6:05:25 PM PDT] InvestorsLive prolly lock in gains…
[Mar 14, 2010 6:05:33 PM PDT] InvestorsLive if it snaps right under it… prop turns into a stop
[Mar 14, 2010 6:05:34 PM PDT] Laura yes
[Mar 14, 2010 6:05:45 PM PDT] InvestorsLive another idea of “whole numbers” and how we use ’em
[Mar 14, 2010 6:06:02 PM PDT] Tommy123 How did u know to grab WAMUQ when you did I believe you got it at the LOD or pretty close?
[Mar 14, 2010 6:06:55 PM PDT] InvestorsLive just my strength…
[Mar 14, 2010 6:07:07 PM PDT] InvestorsLive I watch everything
[Mar 14, 2010 6:07:08 PM PDT] InvestorsLive + intuition
[Mar 14, 2010 6:07:26 PM PDT] InvestorsLive Level 2, time and sales, volume …. I can go on other side and anticipate when I’d been feeling panic
[Mar 14, 2010 6:07:27 PM PDT] Sherry Is it possible that it may actually be ezier to short stocks as MOST seem to go back down???
[Mar 14, 2010 6:07:45 PM PDT] InvestorsLive what happens if you short ZANE Sherry?
[Mar 14, 2010 6:08:02 PM PDT] Sherry well that one was unusual wasnt it
[Mar 14, 2010 6:08:23 PM PDT] InvestorsLive I’d rather play darts at local bar
[Mar 14, 2010 6:08:25 PM PDT] Laura and I’ve been watching PACR and WNC for weakness…….but no luck, just go with the flow on WNC right now
[Mar 14, 2010 6:08:43 PM PDT] InvestorsLive so much momentum in this market… very scary to just go out there and short anything
[Mar 14, 2010 6:09:25 PM PDT] Sherry great, just wondering.
[Mar 14, 2010 6:09:34 PM PDT] guitarhero just joined now..did u talk about gappers already?
[Mar 14, 2010 6:09:53 PM PDT] InvestorsLive ya
[Mar 14, 2010 6:09:57 PM PDT] InvestorsLive will have logs
[Mar 14, 2010 6:10:42 PM PDT] guitarhero they told me 8pm the seminar starts..it started at 7pm?
[Mar 14, 2010 6:10:42 PM PDT] jangidap I believe new investors should stay away from shorting coz your up side is only 100% if it goes to zero but if it run more like ZANE it could be huge loss
[Mar 14, 2010 6:11:11 PM PDT] cjcoreyj lol didnt change the time
[Mar 14, 2010 6:11:16 PM PDT] Laura no guitar, it started at 8
[Mar 14, 2010 6:11:28 PM PDT] guitarhero thanks
[Mar 14, 2010 6:12:27 PM PDT] InvestorsLive jangidap – shorting is no more risky than buying long if you follow the rules and stop yourself out
[Mar 14, 2010 6:12:38 PM PDT] Laura well first jangidap, we aren’t “investors”
[Mar 14, 2010 6:12:41 PM PDT] InvestorsLive if you let them run against you … sure
[Mar 14, 2010 6:12:47 PM PDT] InvestorsLive secondly… investors don’t short
[Mar 14, 2010 6:12:47 PM PDT] InvestorsLive lol
[Mar 14, 2010 6:12:58 PM PDT] Laura and yes, new traders should stay away from shorting since they don’t understand it
[Mar 14, 2010 6:13:14 PM PDT] InvestorsLive yes … need to understand the concept first
[Mar 14, 2010 6:13:17 PM PDT] jangidap sorry, forgot we were daytraders.
[Mar 14, 2010 6:13:30 PM PDT] Tommy123 So again all the scans that you give at night we are supposed to look at the chart and pattern and decide what we will do with them during the day?And why did these hit your scan(high volume,price change etc ?
[Mar 14, 2010 6:13:53 PM PDT] InvestorsLive correct Tommy – just become familiar with the charts
[Mar 14, 2010 6:14:00 PM PDT] InvestorsLive don’t hvae to have a plan for each one
[Mar 14, 2010 6:14:01 PM PDT] Laura only need to do a couple scans, tho more listed
[Mar 14, 2010 6:14:04 PM PDT] InvestorsLive prob a waste of time
[Mar 14, 2010 6:14:10 PM PDT] InvestorsLive since we trade what we see
[Mar 14, 2010 6:14:17 PM PDT] InvestorsLive vs. plan it out one stock at a time
[Mar 14, 2010 6:14:19 PM PDT] Laura We do the dayrangers and the darksides now, that’s all
[Mar 14, 2010 6:15:01 PM PDT] Tommy123 I understand but why did these stocks hit the scan whats special about them?
[Mar 14, 2010 6:15:29 PM PDT] InvestorsLive Tommy
[Mar 14, 2010 6:15:33 PM PDT] InvestorsLive thought u spent some time on seminars
[Mar 14, 2010 6:15:33 PM PDT] Laura you need to read some more
[Mar 14, 2010 6:15:37 PM PDT] InvestorsLive you said you did
[Mar 14, 2010 6:15:44 PM PDT] InvestorsLive sounds like you haven’t made it to one yet
[Mar 14, 2010 6:15:58 PM PDT] InvestorsLive http://www.investorsunderground.com/stock-fetcher-scans/
[Mar 14, 2010 6:16:01 PM PDT] Tommy123 Not yet Sir, working on it
[Mar 14, 2010 6:16:04 PM PDT] guitarhero i was watching IPCI last friday…i could have get in at 2,17….thestock just keps running up..i was studdying it on what what you said about the consolidation-textbook- before hitting new HOD’S but it kept breaking hod’s…howcan one be sure the stock will do that,so that we don t sell to early?
[Mar 14, 2010 6:16:18 PM PDT] Tommy123 I have lots to catch up on
[Mar 14, 2010 6:16:22 PM PDT] InvestorsLive well review those Tommy first…
[Mar 14, 2010 6:16:25 PM PDT] InvestorsLive that’s what weekends are for
[Mar 14, 2010 6:16:28 PM PDT] InvestorsLive these are all explained
[Mar 14, 2010 6:16:29 PM PDT] InvestorsLive in depth
[Mar 14, 2010 6:16:35 PM PDT] Tommy123 i will
[Mar 14, 2010 6:16:40 PM PDT] Tommy123 I promise
[Mar 14, 2010 6:17:03 PM PDT] InvestorsLive no idea guitar, no one had any idea it’d keep going
[Mar 14, 2010 6:17:07 PM PDT] InvestorsLive that’s why you lock in
[Mar 14, 2010 6:17:10 PM PDT] InvestorsLive and can always ride some
[Mar 14, 2010 6:17:13 PM PDT] InvestorsLive but here’s one thing to note
[Mar 14, 2010 6:17:17 PM PDT] InvestorsLive now you know it can run
[Mar 14, 2010 6:17:21 PM PDT] InvestorsLive so in 3 months when it starts to move again
[Mar 14, 2010 6:17:27 PM PDT] InvestorsLive you’ll remember… I better hold some for the road
[Mar 14, 2010 6:17:32 PM PDT] InvestorsLive ie: former runner
[Mar 14, 2010 6:17:35 PM PDT] InvestorsLive now its in your head
[Mar 14, 2010 6:18:00 PM PDT] ravichandratbv3 IPCI Gap-Up any idea?
[Mar 14, 2010 6:18:13 PM PDT] ravichandratbv3 tomm
[Mar 14, 2010 6:18:24 PM PDT] InvestorsLive same as what I said before
[Mar 14, 2010 6:18:26 PM PDT] Laura no idea
[Mar 14, 2010 6:18:27 PM PDT] InvestorsLive Nasdaq
[Mar 14, 2010 6:18:27 PM PDT] InvestorsLive who knows
[Mar 14, 2010 6:18:34 PM PDT] Laura we don’t have crystal balls
[Mar 14, 2010 6:18:53 PM PDT] guitarhero bu many stocks will present that kind of chart, 52 week high close, consolidation for 1 2 hours-gearing, then the volume up,etc….we cn trust usually those are safe bets,low risk..?
[Mar 14, 2010 6:18:55 PM PDT] bammas IL, do u trade on news on a former runner?
[Mar 14, 2010 6:19:27 PM PDT] tytrading do most of your momo trades usually happen in the mornings?
[Mar 14, 2010 6:19:34 PM PDT] InvestorsLive right risk vs. reward is in your court guitar
[Mar 14, 2010 6:19:48 PM PDT] InvestorsLive ty – those that are big runners in the AM
[Mar 14, 2010 6:19:55 PM PDT] InvestorsLive are all on my watch list for the afternoon perk
[Mar 14, 2010 6:20:00 PM PDT] InvestorsLive 1-2pm 2-3pm +
[Mar 14, 2010 6:20:30 PM PDT] InvestorsLive I don’t trade news most times bammas – only time is when Marvelmeister usually writes it out… he’s good .. post news that matters
[Mar 14, 2010 6:20:36 PM PDT] graps What do you suggest, if say i see a nicely consolidating chart pattern that looks like it has potential to retest the HOD’s, so i get in a little early before the break, but it fails to make new highs and drops. How tight of a stop do you make mentally/ or real stop loss
[Mar 14, 2010 6:20:37 PM PDT] InvestorsLive any other questions guys – regarding stuff we’ve gone over or new (if many have questions – please let us answer them first then ask)
[Mar 14, 2010 6:20:51 PM PDT] InvestorsLive graps that’s easy….
[Mar 14, 2010 6:20:59 PM PDT] InvestorsLive ur stop is if it doesn’t hold the support it came off of
[Mar 14, 2010 6:21:05 PM PDT] InvestorsLive that’s why I like that trading idea
[Mar 14, 2010 6:21:11 PM PDT] InvestorsLive gives you a good risk vs. reward
[Mar 14, 2010 6:21:16 PM PDT] devils63den thank you for taking the time for many of use
[Mar 14, 2010 6:21:17 PM PDT] InvestorsLive and you know where your loss should be right away
[Mar 14, 2010 6:21:20 PM PDT] devils63den have to go
[Mar 14, 2010 6:21:39 PM PDT] graps I see
[Mar 14, 2010 6:22:15 PM PDT] guitarhero about equity feed,i don t like L2,can differentiate between sell ordrs and buy orders…how much it costs the pack you suggest?
[Mar 14, 2010 6:22:33 PM PDT] InvestorsLive guitar – everything is a buy and a sell
[Mar 14, 2010 6:22:38 PM PDT] InvestorsLive some1 buying some1 selling
[Mar 14, 2010 6:22:42 PM PDT] bammas When a OTC stock moving like when WAMUQ bounced friday, do u put a limit order over the ask to get filled. IF so how much?
[Mar 14, 2010 6:22:52 PM PDT] InvestorsLive there’s no edge with what you’re looking for
[Mar 14, 2010 6:23:13 PM PDT] InvestorsLive I bought bid for most of it bammas – and I bought ETMM route on the .0961 fill
[Mar 14, 2010 6:23:16 PM PDT] InvestorsLive re: WAMUQ
[Mar 14, 2010 6:23:26 PM PDT] InvestorsLive stocks like that after they reverse chances are you won’t fill
[Mar 14, 2010 6:23:34 PM PDT] InvestorsLive for at least .01-.03 cents
[Mar 14, 2010 6:23:48 PM PDT] Tommy123 U.S. Equities Package w/ Level 2 Quotes NASDAQ, NYSE, AMEX, OTC:BB, Pink Sheets is this the package u get from Equity Feed or do you just get pinks BB
[Mar 14, 2010 6:24:11 PM PDT] InvestorsLive I have it all … whatever their top is.. don’t really use the Level 2 tho but I like to have 2-3 diff feeds
[Mar 14, 2010 6:24:19 PM PDT] InvestorsLive incase one is down… always can check
[Mar 14, 2010 6:24:27 PM PDT] InvestorsLive any other questions guys?
[Mar 14, 2010 6:24:30 PM PDT] tytrading IL, what time in the morning do you usually start on chat?
[Mar 14, 2010 6:24:44 PM PDT] InvestorsLive ammmmmmmmmmm
[Mar 14, 2010 6:24:45 PM PDT] InvestorsLive depends
[Mar 14, 2010 6:24:53 PM PDT] InvestorsLive usually 7:45 – 8 am
[Mar 14, 2010 6:24:58 PM PDT] InvestorsLive if I see any big movers
[Mar 14, 2010 6:25:09 PM PDT] InvestorsLive I like a good trade pre market.. then shower then come back ha
[Mar 14, 2010 6:25:25 PM PDT] InvestorsLive those that were late: http://www.investorsunderground.com/2010/03/14/seminar-topics-by-date/
[Mar 14, 2010 6:25:36 PM PDT] InvestorsLive seminar topics I will keep working on those
[Mar 14, 2010 6:25:38 PM PDT] cpaul some good money can be made in pre
[Mar 14, 2010 6:25:49 PM PDT] guitarhero but on AVVFN i can distinguish amount of buy orders and sell orders….stockfetcher is also no realtime…i would like to have a good scanner realtime for hod’s,adr,volume ,etc…..you don t care abou L2 orders and volume if there s more sellers or buyers?
[Mar 14, 2010 6:26:02 PM PDT] InvestorsLive if someone who uses TOS and familiar with charting could PM “ryuen_99” and help him set up a few things
[Mar 14, 2010 6:26:03 PM PDT] Laura some good money can be lost in pre IMO
[Mar 14, 2010 6:26:09 PM PDT] InvestorsLive would appreciate it
[Mar 14, 2010 6:26:15 PM PDT] InvestorsLive good point Laura 🙂
[Mar 14, 2010 6:26:20 PM PDT] cpaul that is alos true 🙂
[Mar 14, 2010 6:26:28 PM PDT] InvestorsLive guitarhero – it won’t help you
[Mar 14, 2010 6:26:35 PM PDT] Laura noobs have no business trading AH or PM
[Mar 14, 2010 6:26:37 PM PDT] InvestorsLive you can watch time and sales…
[Mar 14, 2010 6:26:43 PM PDT] InvestorsLive its all about the volume coming in on offer
[Mar 14, 2010 6:26:48 PM PDT] InvestorsLive and/or if the bid is eating
[Mar 14, 2010 6:26:51 PM PDT] cpaul %%%% i better stop then 🙁
[Mar 14, 2010 6:26:53 PM PDT] InvestorsLive and not buding/getting stronger
[Mar 14, 2010 6:27:09 PM PDT] InvestorsLive knowing what a buy and a sell is … isn’t gonna help, it doesn’t mean anything
[Mar 14, 2010 6:27:19 PM PDT] InvestorsLive what if I am buying bid and selling on offer too
[Mar 14, 2010 6:27:23 PM PDT] InvestorsLive what good does that do for u?
[Mar 14, 2010 6:27:27 PM PDT] guitarhero okk..i understand….thanks a lot..
[Mar 14, 2010 6:27:35 PM PDT] Laura yeah, I watchT and S on Scott, can see where it hit, but who knows
[Mar 14, 2010 6:27:48 PM PDT] Laura but does give you an idea of momentum
[Mar 14, 2010 6:27:51 PM PDT] InvestorsLive its about the volume/price action as it happens
[Mar 14, 2010 6:27:54 PM PDT] InvestorsLive for example
[Mar 14, 2010 6:27:57 PM PDT] InvestorsLive WAMUQ
[Mar 14, 2010 6:28:02 PM PDT] guitarhero i m in europe…broker from europe
[Mar 14, 2010 6:28:03 PM PDT] InvestorsLive look at all the bid hits and size
[Mar 14, 2010 6:28:08 PM PDT] InvestorsLive when it bottomed
[Mar 14, 2010 6:28:13 PM PDT] InvestorsLive and the bidders didn’t budge
[Mar 14, 2010 6:28:16 PM PDT] InvestorsLive vs. before
[Mar 14, 2010 6:28:21 PM PDT] InvestorsLive where they all tumbled etc
[Mar 14, 2010 6:28:24 PM PDT] InvestorsLive orr
[Mar 14, 2010 6:28:26 PM PDT] InvestorsLive ATTD into close
[Mar 14, 2010 6:28:32 PM PDT] InvestorsLive .06 offers was 7-8 of them
[Mar 14, 2010 6:28:35 PM PDT] InvestorsLive lotta vol came in
[Mar 14, 2010 6:28:37 PM PDT] InvestorsLive and started to fall
[Mar 14, 2010 6:28:43 PM PDT] graps so when price is failing but the bid stays consistent, that is bullish right?
[Mar 14, 2010 6:28:58 PM PDT] InvestorsLive potentially
[Mar 14, 2010 6:29:24 PM PDT] InvestorsLive still risk… wouldn’t recco bounces to any new trader
[Mar 14, 2010 6:29:30 PM PDT] InvestorsLive riskiest play in the book but… as you saw
[Mar 14, 2010 6:29:32 PM PDT] InvestorsLive most rewarding
[Mar 14, 2010 6:29:38 PM PDT] InvestorsLive but as you saw me write right in chat
[Mar 14, 2010 6:29:42 PM PDT] InvestorsLive “I AM OK WITH 50% LOSS”
[Mar 14, 2010 6:29:54 PM PDT] InvestorsLive that’s what you have to be thinking when/if you buy a bounce like that
[Mar 14, 2010 6:30:00 PM PDT] InvestorsLive if you’re uncomfortable with that… don’t touch
[Mar 14, 2010 6:30:38 PM PDT] InvestorsLive any other questions guys?
[Mar 14, 2010 6:30:58 PM PDT] Tommy123 So level 2 doeesnt really teach us anything?
[Mar 14, 2010 6:31:09 PM PDT] InvestorsLive Level 2 .. sure it helps a lot
[Mar 14, 2010 6:31:11 PM PDT] InvestorsLive I use it all the time
[Mar 14, 2010 6:31:26 PM PDT] InvestorsLive but if you’re not familiar with it… and ok just reading charts then I’d stick with that
[Mar 14, 2010 6:31:30 PM PDT] InvestorsLive may just me more nosie for you
[Mar 14, 2010 6:31:32 PM PDT] InvestorsLive noise
[Mar 14, 2010 6:31:37 PM PDT] InvestorsLive Muddy doesn’t use it… he does fine…
[Mar 14, 2010 6:31:39 PM PDT] InvestorsLive I can’t NOT use it
[Mar 14, 2010 6:31:49 PM PDT] InvestorsLive just depends how you learn
[Mar 14, 2010 6:31:55 PM PDT] Tommy123 How do you do it just with charts?
[Mar 14, 2010 6:32:13 PM PDT] InvestorsLive same seminar
[Mar 14, 2010 6:32:17 PM PDT] Laura LOL, Mudd don’t even use charts during day
[Mar 14, 2010 6:32:18 PM PDT] InvestorsLive trend is ur friend
[Mar 14, 2010 6:32:29 PM PDT] Tommy123 See I have good questions they are all seminars LOL
[Mar 14, 2010 6:32:36 PM PDT] InvestorsLive just go review them
[Mar 14, 2010 6:33:00 PM PDT] Seq tommy dont feel bad your asking all the questions i was scared to ask
[Mar 14, 2010 6:33:06 PM PDT] Seq keep asken!
[Mar 14, 2010 6:33:13 PM PDT] Tommy123 thanks
[Mar 14, 2010 6:33:30 PM PDT] InvestorsLive You can but like I tell all members… Please review them first
[Mar 14, 2010 6:33:31 PM PDT] Tommy123 Hey if you dont ask you dont learn!
[Mar 14, 2010 6:33:34 PM PDT] InvestorsLive at least the last 3 I recco
[Mar 14, 2010 6:33:40 PM PDT] Laura Seq, I’ma slap you silly, you can ask anything, you know that!
[Mar 14, 2010 6:33:41 PM PDT] InvestorsLive it will save YOU and US a ton of time
[Mar 14, 2010 6:33:57 PM PDT] InvestorsLive but yes, as you guys know we always are here helping whatever question may be
[Mar 14, 2010 6:34:06 PM PDT] InvestorsLive we’ll just spend more time with the folks that show they’ve reviewed sumtin’ 🙂
[Mar 14, 2010 6:34:37 PM PDT] InvestorsLive Laura I was just looking at the Seminar Topics…
[Mar 14, 2010 6:34:40 PM PDT] InvestorsLive 1/25/09
[Mar 14, 2010 6:34:43 PM PDT] guitarhero some of the stocks alerted,even if they are close to a hod or 52w high,sometimes have no big volume…what you think on those cases?is question of let it roll for some time,if it hits highs,better,if not, sell with little loss?
[Mar 14, 2010 6:34:43 PM PDT] InvestorsLive 2-3x ETFs
[Mar 14, 2010 6:34:44 PM PDT] Tommy123 Il do your tweets go out right away when you made a trade?
[Mar 14, 2010 6:34:50 PM PDT] InvestorsLive first time I played ETF since then probably lol
[Mar 14, 2010 6:34:58 PM PDT] InvestorsLive on Friday
[Mar 14, 2010 6:35:00 PM PDT] InvestorsLive that FAZ trade
[Mar 14, 2010 6:36:00 PM PDT] InvestorsLive gutiar its all about watchin the stock and letting it set up with a trade set up you’re familiar with
[Mar 14, 2010 6:36:11 PM PDT] InvestorsLive let it roll… let it come back… and re-test….
[Mar 14, 2010 6:36:13 PM PDT] InvestorsLive or late day move
[Mar 14, 2010 6:36:14 PM PDT] InvestorsLive etc
[Mar 14, 2010 6:36:18 PM PDT] guitarhero former runners..and if not?
[Mar 14, 2010 6:36:45 PM PDT] InvestorsLive doesn’t matter former runner or not
[Mar 14, 2010 6:36:50 PM PDT] InvestorsLive former runner just helps u … with quick entry
[Mar 14, 2010 6:36:59 PM PDT] InvestorsLive if you see it on the first pop … you’re more likely to trust it
[Mar 14, 2010 6:37:05 PM PDT] InvestorsLive if a stock is alerted… up big in the AM
[Mar 14, 2010 6:37:13 PM PDT] InvestorsLive but … yea kinda weird to chase a big move
[Mar 14, 2010 6:37:18 PM PDT] InvestorsLive let it roll back…
[Mar 14, 2010 6:37:19 PM PDT] InvestorsLive consolidate
[Mar 14, 2010 6:37:21 PM PDT] cabernet5 IL, on your 1min chart do you use MA?
[Mar 14, 2010 6:37:29 PM PDT] InvestorsLive and Me/Mud or some1 prolly alerts the “perk” or break off cosnolidation
[Mar 14, 2010 6:37:32 PM PDT] InvestorsLive no cabernet
[Mar 14, 2010 6:37:52 PM PDT] InvestorsLive its about building a list of interest for the day
[Mar 14, 2010 6:37:58 PM PDT] InvestorsLive stocks that move in the AM
[Mar 14, 2010 6:38:07 PM PDT] InvestorsLive peeps will remember if they start pushing again
[Mar 14, 2010 6:38:14 PM PDT] InvestorsLive so if they are nearing HOD
[Mar 14, 2010 6:38:18 PM PDT] InvestorsLive or nearing a whole number break
[Mar 14, 2010 6:38:26 PM PDT] InvestorsLive or nearing a prior top
[Mar 14, 2010 6:38:31 PM PDT] InvestorsLive watch for that perk/volume/test
[Mar 14, 2010 6:38:36 PM PDT] InvestorsLive risk/reward a good entry
[Mar 14, 2010 6:39:04 PM PDT] Laura example of knowing former runners was ROYL on Friday
[Mar 14, 2010 6:39:15 PM PDT] Laura didn’t finish that big, but huge volume for it
[Mar 14, 2010 6:39:32 PM PDT] Laura we all know it’s been in play in the past, big time.
[Mar 14, 2010 6:40:48 PM PDT] InvestorsLive you guys can click “sector list” off the dashboard too
[Mar 14, 2010 6:40:53 PM PDT] InvestorsLive and become familiar with diff sector stocks
[Mar 14, 2010 6:41:00 PM PDT] InvestorsLive and in blue are the ones we usually play in each sector
[Mar 14, 2010 6:41:04 PM PDT] InvestorsLive ie: ROYL MXC PDO etc
[Mar 14, 2010 6:41:09 PM PDT] InvestorsLive they come around every now and again
[Mar 14, 2010 6:42:36 PM PDT] guitarhero investor, i read 4 seminars,up to now…great help!i notice the filters you use is basically hod,52week h, volume highs and ADR?does ADR big rangers always fall soon or later in those big bounces?
[Mar 14, 2010 6:43:37 PM PDT] InvestorsLive high ADR is just about their daily range….
[Mar 14, 2010 6:43:47 PM PDT] InvestorsLive the ones with big charts are the ones with the best bounces
[Mar 14, 2010 6:43:49 PM PDT] InvestorsLive like NXTH
[Mar 14, 2010 6:43:53 PM PDT] InvestorsLive MSEH will have its day
[Mar 14, 2010 6:43:57 PM PDT] InvestorsLive AMOK will have its day
[Mar 14, 2010 6:44:02 PM PDT] InvestorsLive but for now we ride momo
[Mar 14, 2010 6:44:10 PM PDT] InvestorsLive just like JYHW, AENY, ISCO
[Mar 14, 2010 6:44:19 PM PDT] InvestorsLive all the big charts – I love playing the first bounce
[Mar 14, 2010 6:44:44 PM PDT] guitarhero w u mean ”big charts?sorry…
[Mar 14, 2010 6:44:49 PM PDT] InvestorsLive in fact I think it’s probably my single most profitable trade for the time I’m in the trade
[Mar 14, 2010 6:44:55 PM PDT] InvestorsLive look at NXTH
[Mar 14, 2010 6:44:58 PM PDT] InvestorsLive all those charts
[Mar 14, 2010 6:44:59 PM PDT] InvestorsLive I just gave you
[Mar 14, 2010 6:45:06 PM PDT] InvestorsLive you’ll see similiarities
[Mar 14, 2010 6:45:27 PM PDT] Tommy123 IL do your tweets go out right away after you placed a trade just incase we missed it in chat?
[Mar 14, 2010 6:45:31 PM PDT] InvestorsLive no
[Mar 14, 2010 6:45:37 PM PDT] InvestorsLive no rhyme or reason to them
[Mar 14, 2010 6:46:01 PM PDT] InvestorsLive any further questions guys?
[Mar 14, 2010 6:46:14 PM PDT] InvestorsLive if not feel free to pick up however and will post the seminar later
[Mar 14, 2010 6:46:20 PM PDT] Tommy123 Who trained you to become such a good trader??
[Mar 14, 2010 6:46:22 PM PDT] InvestorsLive great session – those new members feel free to PM during day
[Mar 14, 2010 6:46:30 PM PDT] InvestorsLive we’re here to help
[Mar 14, 2010 6:46:38 PM PDT] InvestorsLive but do help yourself with the seminars we recco
[Mar 14, 2010 6:46:45 PM PDT] InvestorsLive its for a reason – we have charts/pics to help you
[Mar 14, 2010 6:46:52 PM PDT] InvestorsLive no one Tommy – taught myself
[Mar 14, 2010 6:46:58 PM PDT] Tommy123 WOW!!
[Mar 14, 2010 6:47:13 PM PDT] InvestorsLive Hopefully Monday brings us some good trades
[Mar 14, 2010 6:47:19 PM PDT] jangidap thanks for the seminar IL, L, Muddy
[Mar 14, 2010 6:47:19 PM PDT] Tommy123 Any reading besides seminar you recommend?
[Mar 14, 2010 6:47:25 PM PDT] ryuen_99 Did you read any books/blogs to teach yourself?
[Mar 14, 2010 6:47:32 PM PDT] tytrading thanks for your help and time
[Mar 14, 2010 6:47:38 PM PDT] InvestorsLive thanks all for the questions and again if any one uses TOS please PM ryuen_99
[Mar 14, 2010 6:47:43 PM PDT] cabernet5 Thanks for everything…
[Mar 14, 2010 6:47:44 PM PDT] InvestorsLive he’s looking to set up his TOS charts
[Mar 14, 2010 6:47:44 PM PDT] ryuen_99 Thank you!
[Mar 14, 2010 6:47:46 PM PDT] cjcoreyj thanks for ur help
[Mar 14, 2010 6:47:47 PM PDT] ckings888 TY guys for another great seminar, u guys r the best!!!
[Mar 14, 2010 6:47:53 PM PDT] Sherry sry i got kicked off so missed but will reread later when you post. on ATTD. it didnt take off until Friday whe first you gave alert i thing on Monday. Is this common for a PCS?
[Mar 14, 2010 6:48:04 PM PDT] Tommy123 can someone help me set my ETRADE CHARTS
[Mar 14, 2010 6:49:10 PM PDT] guitarhero after learning those basics in seminars, how long you think it takes for one become a profitable investor?better spending at least one to 3 month simulating trades, no?
0 Comments