Red/Green, Gearing/Perking and OTCs OTCs OTCs!

by | Feb 13, 2012

[Feb 12, 2012 8:03:35 PM EST]    InvestorsLive new members welcome

[Feb 12, 2012 8:03:42 PM EST]    InvestorsLive same format as always I’ll go over the questions sent in

[Feb 12, 2012 8:03:46 PM EST]    chevyhelp           thanks

[Feb 12, 2012 8:03:48 PM EST]    InvestorsLive ask questions ON TOPIC

[Feb 12, 2012 8:03:51 PM EST]    InvestorsLive after each one I answer

[Feb 12, 2012 8:03:57 PM EST]    InvestorsLive I will open up for Q’s related to THAT question

[Feb 12, 2012 8:04:02 PM EST]    InvestorsLive and we can discuss from there

[Feb 12, 2012 8:04:08 PM EST]    InvestorsLive (especially for those reading after the fact it helps)

[Feb 12, 2012 8:04:12 PM EST]    InvestorsLive THEN we will open it up 100%

[Feb 12, 2012 8:04:26 PM EST]    InvestorsLive and you can ask me what I ate for dinner, why you took a loss on this, what color the sky is etc

[Feb 12, 2012 8:04:29 PM EST]    InvestorsLive sound good?

[Feb 12, 2012 8:04:41 PM EST]    withoutlooking ::up

[Feb 12, 2012 8:04:41 PM EST]    rafael    ya

[Feb 12, 2012 8:04:48 PM EST]    Jimbo    ya

[Feb 12, 2012 8:04:58 PM EST]    chevyhelp           ::up

[Feb 12, 2012 8:05:01 PM EST]    InvestorsLive Going to try something out a lil diff this time too maybe easier for u guys to follow along

[Feb 12, 2012 8:05:02 PM EST]    InvestorsLive http://www.investorsunderground.com/2012/02/12/seminar-notes-will-post-chat-logs-after/

[Feb 12, 2012 8:05:06 PM EST]    InvestorsLive I also prepare and write out the questions

[Feb 12, 2012 8:05:15 PM EST]    InvestorsLive this are just notes I expand on them

[Feb 12, 2012 8:05:27 PM EST]    InvestorsLive so u can see everything I prepared and will cover in case u miss or chat scrolls too fast

[Feb 12, 2012 8:05:53 PM EST]    InvestorsLive I’ll go over some OTCs then the Nasdaq and then drill home more stuff on OTCs

[Feb 12, 2012 8:06:01 PM EST]    InvestorsLive QUESTION: When do you use mental stops as opposed to physical stops? Is this different when trading OTC/PK vs. higher priced stocks?

[Feb 12, 2012 8:06:33 PM EST]    InvestorsLive I always use mental stops – that’s all I use … the ONLY time I use a hard stop is if I am leaving for day, or trading 3-4-5-6+ things at a time and just letting one ride out … know I want to be long … but don’t want to watch it

[Feb 12, 2012 8:06:47 PM EST]    InvestorsLive honestly don’t think I’ve used one this year

[Feb 12, 2012 8:07:02 PM EST]    InvestorsLive BUT mental stops are NOT for everyone … sometimes I wish I had used a hard stop

[Feb 12, 2012 8:07:11 PM EST]    InvestorsLive but most of the time I’m pretty good

[Feb 12, 2012 8:07:19 PM EST]    zamoracc             Notes are helpful. Thanks IL.

[Feb 12, 2012 8:07:27 PM EST]    InvestorsLive if you find yourself NOT respecting mental stops then yes… you should use hard stops

[Feb 12, 2012 8:07:41 PM EST]    InvestorsLive but for me … if I am trading something that has a decent range …. and one person market sells and it jumps right back up

[Feb 12, 2012 8:07:46 PM EST]    GAM3-OVR        Question with mental stop loss, sometime if the trade doesn’t go my way, by the time it hits that stop loss price, I notice i chase it down to sell. Don’t you lose more money when you have mental stop loss? I tend to get taken a bit more with no hard stops?

[Feb 12, 2012 8:07:53 PM EST]    InvestorsLive I don’t want to be market sold w/ a hard stop at the dead bottom only for it to jump right back up

[Feb 12, 2012 8:09:05 PM EST]    InvestorsLive I don’t know Gam3 — my stops are related to the stocks I trade and set ups I go over…. not an issue for me

[Feb 12, 2012 8:09:20 PM EST]    InvestorsLive I have a set idea in my head based on the channel or whatever the prior low/high was

[Feb 12, 2012 8:09:21 PM EST]    InvestorsLive and go from there

[Feb 12, 2012 8:09:32 PM EST]    InvestorsLive QUESTION: I always end up with moving and moving my limit orders so it would finally be better to place market right at the beginning.

[Feb 12, 2012 8:09:50 PM EST]    InvestorsLive You can use a higher limit you don’t need to put the exact offer

[Feb 12, 2012 8:10:13 PM EST]    InvestorsLive if a stock is 9.50 x 9.51 and lets say only 200 shares fill at 9.51 … you can put a limit to 9.53 9.55 etc

[Feb 12, 2012 8:10:36 PM EST]    InvestorsLive that’s the beauty of a limit like ebay and bidding at the last second … you can get your bid in at the last moment for the max amount you want to pay

[Feb 12, 2012 8:10:43 PM EST]    InvestorsLive any questions about mental stops, limits, market etc

[Feb 12, 2012 8:11:07 PM EST]    InvestorsLive I’m going to jump around on that sheet as well that I posted – related:

[Feb 12, 2012 8:11:12 PM EST]    InvestorsLive QUESTION: I know you said that already thousand times, but could you show on this example where exactly (say exact number pls) would you place limit orders?

[Feb 12, 2012 8:11:16 PM EST]    InvestorsLive “You are long and see sudden fast red candles going against you. You want to exit fast. BID=10.50, ASK=10.70.”

[Feb 12, 2012 8:11:22 PM EST]    InvestorsLive If you’re trying to get out fast the only thing to do his hit the bid, so that answer is $10.50

[Feb 12, 2012 8:11:27 PM EST]    InvestorsLive “T530 calls ++ news. You open chart and see couple huge green candles already there. You want in fast. BID=20.50, ASK=20.70.”

[Feb 12, 2012 8:11:33 PM EST]    InvestorsLive It depends on what the chart looks like, I pull it up quickly if I am ok with the risk vs. reward on a quick glimpse than I will chase it … so if I want in fast I take the offer which is $20.70. Typically if you’re looking to accumulate a stock you may want to try to get a better price and bid for it but if you want IN you take the offer if you want OUT you hit the bid.

[Feb 12, 2012 8:12:45 PM EST]    InvestorsLive OTCs I will discuss later about those

[Feb 12, 2012 8:12:49 PM EST]    InvestorsLive any questions on Nasdaq?

[Feb 12, 2012 8:12:56 PM EST]    InvestorsLive or we good ?

[Feb 12, 2012 8:13:07 PM EST]    InvestorsLive short answer I ALWAYS use LIMIT orders and I ALWAYS use MENTAL stops

[Feb 12, 2012 8:13:18 PM EST]    InvestorsLive 1 outta 5000 trades I may use a mental stop and a market order

[Feb 12, 2012 8:13:31 PM EST]    rafael    what about on a high momo stock?

[Feb 12, 2012 8:13:41 PM EST]    rafael    limit orders on the entry and exit on that?

[Feb 12, 2012 8:13:57 PM EST]    Jimbo    and if you put your limit above the offer a little bit you will get filled at limit OR better. It wont always fill you at the limit you enter

[Feb 12, 2012 8:14:23 PM EST]    InvestorsLive rafael – short answer I ALWAYS use LIMIT orders and I ALWAYS use MENTAL stops

[Feb 12, 2012 8:14:38 PM EST]    NickEffinPowers               Are Nasdaq stocks better to day trade because there are 3 market makers required versus 1 in OTC or 1 in AMEX?

[Feb 12, 2012 8:15:03 PM EST]    InvestorsLive Jimbo – right, it’s not like its going to fill you all at the higher price it will fill you whatever it can below for example 9.50 x 9.51 and you send 1k order to 9.55

[Feb 12, 2012 8:15:15 PM EST]    InvestorsLive you may fill 200 9.51 400 9.52 100 9.53 and 300 9.55

[Feb 12, 2012 8:15:21 PM EST]    InvestorsLive avg price of 9.525 or something

[Feb 12, 2012 8:15:21 PM EST]    Jimbo    yup

[Feb 12, 2012 8:16:34 PM EST]    InvestorsLive Nick – all the stocks we trade have market makers … with the exception of sometihng like CDCAQ which may be coming out of bankruptcy and was a former grey sheet delister and only has 4 MMs

[Feb 12, 2012 8:16:35 PM EST]    InvestorsLive or something

[Feb 12, 2012 8:16:49 PM EST]    NickEffinPowers               Ok thanks

[Feb 12, 2012 8:17:52 PM EST]    InvestorsLive next 2 questions related to CIE

[Feb 12, 2012 8:18:00 PM EST]    InvestorsLive QUESTIONS: I wanted to know how you figure out when to s/s CIE today? Did you have any idea why it was topping out and also how far down it could go? How about with CIE, where it was grinding and not doing the parabolic. How did you do that $35.80 may had been the top or pretty close to it at least?

[Feb 12, 2012 8:19:00 PM EST]    InvestorsLive ANSWER: You don’t know when it’s going to top … They key is to focus on the price action it was moving up …obviously. It started to magnet around $35 when I had made my early comments and started into it to get a feel and the play was WAIT until $35 drops and forms a ceiling at $35 and then add on the fade under $35 BUT as we saw it DIDN’T form a ceiling at $35 and broke right back over it. I had suggested to take profits into the wash since the first pull under $35 was a quick .50-70 cents per share – and about 4 times I said DO NOT just think it’s has to go down because it’s up we need to see topping action.

[Feb 12, 2012 8:19:11 PM EST]    InvestorsLive http://www.investorsunderground.com/img/HPKYCYNLCB.png

[Feb 12, 2012 8:19:26 PM EST]    InvestorsLive the link above is the chat comments I wrote

[Feb 12, 2012 8:19:33 PM EST]    InvestorsLive just want people to see b/c when I warn in chat

[Feb 12, 2012 8:20:00 PM EST]    InvestorsLive it’s b/c I know it’s a speculative play … most times I’m near or at top but at the end of the day I am in a starter and can let it squeeze up past a buck + against me and not be harmed

[Feb 12, 2012 8:20:20 PM EST]    InvestorsLive when I warn it’s because I know someone said … “Nate short … I am too” and doesn’t pay attention to the fact that I just started in to get a feel

[Feb 12, 2012 8:20:34 PM EST]    InvestorsLive I would risk $1k on that trade and 500 shares … to start in and get a feel that’s $2 range

[Feb 12, 2012 8:20:53 PM EST]    InvestorsLive some1 else smaller account may just follow blindly take $1k and eat sh*t .. that’s why I warn a billion times

[Feb 12, 2012 8:20:58 PM EST]    InvestorsLive They key is to focus on where it’s hovering around once it slows it’s move – let it steadily trend up and don’t try to guess a top. Wait for the sideways price action and watch it over/under the # you can always start in and carry a wide stop and then once it’s put in a lower high -re-tested prior high and failed and faded off then you can add in with a stop near highs – scale in accordingly. If you’re not ok with it going back up to highs you’re in too big.

[Feb 12, 2012 8:21:37 PM EST]    InvestorsLive CIE: http://www.investorsunderground.com/img/ZBVPFMVEDS.png

[Feb 12, 2012 8:21:53 PM EST]    InvestorsLive here is the ful chart for that morning: http://www.investorsunderground.com/img/OIHAFUJZYJ.png

[Feb 12, 2012 8:21:57 PM EST]    InvestorsLive so the point here is this

[Feb 12, 2012 8:22:18 PM EST]    InvestorsLive you can trade them … if your trading them like me otherwise you should let them fade and put in their tops have a plan .. and stick to it

[Feb 12, 2012 8:22:40 PM EST]    InvestorsLive if you’re trading it on the way up … you need to INCH in you need to START in and get a feel for it otherwise you can get smoked OR….

[Feb 12, 2012 8:22:46 PM EST]    InvestorsLive better yet which happens more often than not

[Feb 12, 2012 8:22:47 PM EST]    Jimbo    is the first red down arrow where you started the short?

[Feb 12, 2012 8:22:54 PM EST]    InvestorsLive emotions get in there “ah %%% … I gotta cover” and boom you cover top

[Feb 12, 2012 8:23:12 PM EST]    InvestorsLive yes Jimbo

[Feb 12, 2012 8:23:37 PM EST]    sfk10     thanks for the answer!

[Feb 12, 2012 8:23:52 PM EST]    InvestorsLive remember I had a small starter I flipped 500 and covered 300 or so when it washed out that .70 cent + pull back early when I said at 10:03 AM http://www.investorsunderground.com/img/HPKYCYNLCB.png

[Feb 12, 2012 8:24:19 PM EST]    InvestorsLive when I play these things with wide ranges I like to build up a small profit by scalping them in order to risk my profit on more size for the real fade

[Feb 12, 2012 8:24:31 PM EST]    splendores         when you say inch in do you start 1/5 of size for example and then keep adding 1/5 or do you start adding in more the higher it goes to get average up?

[Feb 12, 2012 8:24:55 PM EST]    splendores         ok got it

[Feb 12, 2012 8:25:03 PM EST]    InvestorsLive something like CIE I may play 2k typically

[Feb 12, 2012 8:25:05 PM EST]    splendores         you try and scalp your way up

[Feb 12, 2012 8:25:07 PM EST]    InvestorsLive on a regular day but with range like that

[Feb 12, 2012 8:25:15 PM EST]    InvestorsLive rnage being .50-$1 up and down

[Feb 12, 2012 8:25:19 PM EST]    InvestorsLive u gotta be what ur comfy with

[Feb 12, 2012 8:25:25 PM EST]    InvestorsLive is that 200 shares 500 shares etc

[Feb 12, 2012 8:25:40 PM EST]    InvestorsLive BUT the short answer to all of this question

[Feb 12, 2012 8:25:45 PM EST]    InvestorsLive WATCH FOR THE MAGNET

[Feb 12, 2012 8:25:50 PM EST]    InvestorsLive I mention it a lot

[Feb 12, 2012 8:26:12 PM EST]    InvestorsLive ok WHERE does the stock start to gravitate around?

[Feb 12, 2012 8:26:18 PM EST]    InvestorsLive over/under over/under

[Feb 12, 2012 8:26:18 PM EST]    chevyhelp           ?

[Feb 12, 2012 8:26:27 PM EST]    nomafive             What exactly is a/the “magnet”? Thanks in advance

[Feb 12, 2012 8:26:31 PM EST]    InvestorsLive so first u saw $35 magnet … but as I said in the chat room

[Feb 12, 2012 8:26:34 PM EST]    InvestorsLive they were defending the $35

[Feb 12, 2012 8:26:36 PM EST]    Laura lots of times on whole dollar marks

[Feb 12, 2012 8:26:42 PM EST]    InvestorsLive kept coming back to $35 and bids met it and bam bounce off it

[Feb 12, 2012 8:27:00 PM EST]    InvestorsLive so then I form an opinion OK $35 is the point to watch …. IF IT BREAKS UNDER THAT MAGNET #

[Feb 12, 2012 8:27:06 PM EST]    InvestorsLive and fails to break back over

[Feb 12, 2012 8:27:11 PM EST]    InvestorsLive starts to lose momo and fade off it…

[Feb 12, 2012 8:27:14 PM EST]    InvestorsLive that’s the short I want

[Feb 12, 2012 8:27:21 PM EST]    GAM3-OVR        Was your initial short at 35.20, did you ride that to 36.60? Also how come we didn’t wait for the 37# magnet, since it went to 36+

[Feb 12, 2012 8:27:49 PM EST]    InvestorsLive Game3 – (Feb 12-20:24) InvestorsLive: remember I had a small starter I flipped 500 and covered 300 or so when it washed out that .70 cent + pull back early when I said at 10:03 AM http://www.investorsunderground.com/img/HPKYCYNLCB.png

[Feb 12, 2012 8:28:20 PM EST]    InvestorsLive so now that $35 magnet held and it started to go again, I was watching for parabolic from there – then we saw $36 over/under over/under over/under

[Feb 12, 2012 8:28:29 PM EST]    InvestorsLive and once it had a lower high I added some more short

[Feb 12, 2012 8:28:37 PM EST]    GAM3-OVR        i see thanks

[Feb 12, 2012 8:29:07 PM EST]    InvestorsLive One other thing

[Feb 12, 2012 8:29:14 PM EST]    InvestorsLive its actually under the other question but

[Feb 12, 2012 8:29:26 PM EST]    InvestorsLive well first – so OK WHAT IF IT DIDN’T TOP?

[Feb 12, 2012 8:30:00 PM EST]    InvestorsLive I’d need to stick to my plan stop at highs if in size, or stick to my $x/share stop but have a plan OK I’m in this amount … I can recover from this amount….

[Feb 12, 2012 8:30:19 PM EST]    InvestorsLive tyguy for example great trader but many times let some of his losses get the best of him

[Feb 12, 2012 8:30:31 PM EST]    InvestorsLive so one night when we were getting beers I said dude, how mcuh can you recover from

[Feb 12, 2012 8:30:36 PM EST]    InvestorsLive without letting it take u out for the day

[Feb 12, 2012 8:30:40 PM EST]    InvestorsLive he said $200… $250

[Feb 12, 2012 8:31:04 PM EST]    InvestorsLive me.. I’m about $1k + otherwise I’m like F this … I’ll try again tomorrow no sense trying to force trades to make it back

[Feb 12, 2012 8:31:13 PM EST]    InvestorsLive whatever it is that doesn’t effect you emotionally should be ur stop loss

[Feb 12, 2012 8:31:26 PM EST]    InvestorsLive point is – you had a plan on the short – stick to it … that’s the stop

[Feb 12, 2012 8:31:27 PM EST]    SuperSev             that should be a hard rule..no forcing trades

[Feb 12, 2012 8:31:38 PM EST]    InvestorsLive So with all this said on CIE

[Feb 12, 2012 8:31:43 PM EST]    InvestorsLive one other thing to note about this

[Feb 12, 2012 8:31:48 PM EST]    InvestorsLive so over/under $36s .. great

[Feb 12, 2012 8:31:53 PM EST]    InvestorsLive it topped out at $36 faded from it

[Feb 12, 2012 8:31:56 PM EST]    InvestorsLive so now … fading back

[Feb 12, 2012 8:32:06 PM EST]    InvestorsLive Lastly much like CIE where you see it gravitating around $35 over/under and making a firm bottom for the push to $36 over/under like we saw on Friday on the way back down keep in mind that $35 was FORMER SUPPORT so it may act as a bottom BUT if it cracks TYPICALLY you’ll get a faster washout since everyone who was long given the support at $35 will be bailing.

[Feb 12, 2012 8:32:48 PM EST]    InvestorsLive so normally I like to cover into any wash below that – because it very well may act as support again … might washout and then quickly jump back ….

[Feb 12, 2012 8:32:55 PM EST]    InvestorsLive so I like to take advantage of that …

[Feb 12, 2012 8:33:13 PM EST]    InvestorsLive or it could washout and not come back you never know .. but more times than not especially in this market you’ll be happy you locked some in

[Feb 12, 2012 8:33:16 PM EST]    InvestorsLive any questions related to CIE?

[Feb 12, 2012 8:33:17 PM EST]    GAM3-OVR        How do we know, that it won’t pop in our face, and the fading is just a little quick consolidatin for say trying for 38-40 dollar. How do we know, that it’s not resting, and it’s actual fades

[Feb 12, 2012 8:33:40 PM EST]    InvestorsLive Gam3 u gotta read what I write!

[Feb 12, 2012 8:33:50 PM EST]    Trader7595         you don’t know

[Feb 12, 2012 8:34:03 PM EST]    InvestorsLive just PMed u 5 minutes ago

[Feb 12, 2012 8:34:04 PM EST]    Trader7595         that’s called uncertainty

[Feb 12, 2012 8:34:14 PM EST]    InvestorsLive PMed u Gam3 what i said 5 min ago

[Feb 12, 2012 8:34:22 PM EST]    GAM3-OVR        got it, thanks

[Feb 12, 2012 8:34:36 PM EST]    InvestorsLive Any other questions guys related to CIE, the idea of “MAGNETS”

[Feb 12, 2012 8:34:44 PM EST]    InvestorsLive does it make sense/does the chart help do you have questions on it?

[Feb 12, 2012 8:34:50 PM EST]    InvestorsLive this is the time for me to help you

[Feb 12, 2012 8:34:58 PM EST]    GAM3-OVR        yes thank you

[Feb 12, 2012 8:34:58 PM EST]    Trader7595         what actually gives you the signal

[Feb 12, 2012 8:35:13 PM EST]    Trader7595         like I mean you know it doubled topped, then retested

[Feb 12, 2012 8:35:21 PM EST]    Trader7595         high and failed

[Feb 12, 2012 8:35:32 PM EST]    Robyn   If it breaks 35

[Feb 12, 2012 8:35:36 PM EST]    InvestorsLive yep and I wish I added in but since it had a huge range I just stuck with what I had for size

[Feb 12, 2012 8:35:42 PM EST]    InvestorsLive typically I would have added in on the fade but I didn’t

[Feb 12, 2012 8:35:47 PM EST]    InvestorsLive just in case it wanted to squeeze one more time

[Feb 12, 2012 8:35:58 PM EST]    Robyn   & 35 was the previous magnet, you are coving some not all into a wash correct, in case it bounces back to 35

[Feb 12, 2012 8:36:14 PM EST]    InvestorsLive right Robyn let me find my post from Friday

[Feb 12, 2012 8:36:18 PM EST]    InvestorsLive i had a screen shot

[Feb 12, 2012 8:36:56 PM EST]    InvestorsLive http://www.investorsunderground.com/img/ZBVPFMVEDS.png

[Feb 12, 2012 8:36:56 PM EST]    Laura Robyn a smart cookie

[Feb 12, 2012 8:37:00 PM EST]    InvestorsLive u can see that long wick

[Feb 12, 2012 8:37:11 PM EST]    InvestorsLive that was a huge wash nailed the dead bottom there

[Feb 12, 2012 8:37:12 PM EST]    splendores         girls…

[Feb 12, 2012 8:37:30 PM EST]    InvestorsLive but I covered there thought I was safe …. figured rebound back over $35 like I had said but NOPE

[Feb 12, 2012 8:37:35 PM EST]    InvestorsLive coulda woulda shoulda been more patient

[Feb 12, 2012 8:37:45 PM EST]    InvestorsLive but whatever was a good trade – few of u in chat took $3+/share

[Feb 12, 2012 8:37:46 PM EST]    InvestorsLive was sick

[Feb 12, 2012 8:37:55 PM EST]    InvestorsLive anything else on this subject? or sha’ll we move on

[Feb 12, 2012 8:38:13 PM EST]    splendores         the quick wash wasn;t where you covered all though, you covered some later

[Feb 12, 2012 8:38:29 PM EST]    splendores         you mean you should have been more patient with that rest?

[Feb 12, 2012 8:38:38 PM EST]    chevyhelp           Are we gonna cover any OTC, PINKS this evening, not shortting them ??

[Feb 12, 2012 8:38:53 PM EST]    InvestorsLive correct splendores – shoulda coulda woulda been more patient

[Feb 12, 2012 8:38:57 PM EST]    InvestorsLive those are my 3 covers

[Feb 12, 2012 8:39:01 PM EST]    InvestorsLive took the $1k+ profit and moved on

[Feb 12, 2012 8:39:03 PM EST]    splendores         kk

[Feb 12, 2012 8:39:25 PM EST]    SuperSev             How do u cover at dead bottom so often

[Feb 12, 2012 8:39:26 PM EST]    InvestorsLive anything else related?

[Feb 12, 2012 8:39:54 PM EST]    InvestorsLive quick … not sure … but I also got dead bottom wick and then it faded $4 more bucks

[Feb 12, 2012 8:39:55 PM EST]    InvestorsLive lol

[Feb 12, 2012 8:40:11 PM EST]    InvestorsLive I always sell dead top on NSRS and then it drops

[Feb 12, 2012 8:40:11 PM EST]    Trader7595         are you covering on the bid?

[Feb 12, 2012 8:40:13 PM EST]    splendores         haha

[Feb 12, 2012 8:40:13 PM EST]    InvestorsLive and then it goes 500% more

[Feb 12, 2012 8:40:37 PM EST]    InvestorsLive I just sent an order to whatever Trader – hit the offer and sent it

[Feb 12, 2012 8:40:54 PM EST]    InvestorsLive 2 more Nasdaq-ish questions then we move to OTCs

[Feb 12, 2012 8:41:08 PM EST]    InvestorsLive QUESTION: At what point on morning parabolic do you know that perhaps the top has been put in for a possible full reversal or at least some downside.

[Feb 12, 2012 8:41:18 PM EST]    InvestorsLive ANSWER: You can always get a feel with some smaller size if you do just that, play relatively small so you’re in it and focusing on the price action more. As you know trading is trading but until you have money in the game you’re rather emotionless so when I start in … it gets me a feel and gets be focused on nailing the big move. Sometimes new members PM me “I shorted with you but I’m down and scared etc” and they’re already in full size I bring this up because… to answer the question there is 2 ways:

[Feb 12, 2012 8:41:37 PM EST]    InvestorsLive 1. Start in, get a feel snag some, then if any big parabolic snag a bit more STAYING SMALL relative to what you’d typically play and then once it fades and you have a cushion to add in a full size for the real pull back.

[Feb 12, 2012 8:41:52 PM EST]    InvestorsLive 2. If you are one of those people who find yourself shorting full size when it’s a starter position go with option $2. Let a stock test, re-test, fade again and once it has failed to reverse base your short off the HOD or prior high and size accordingly (OK if it goes back to prior high I’ll be down $250 which is reasonable and I’ll cut it off) … that’s your RISK. But at least you’ve let it get into a downtrend first before trying to guess the top and get crushed.

[Feb 12, 2012 8:41:54 PM EST]    InvestorsLive http://www.investorsunderground.com/img/ZJHJBKOJFX.png

[Feb 12, 2012 8:42:48 PM EST]    InvestorsLive option $2 = #2***

[Feb 12, 2012 8:43:10 PM EST]    InvestorsLive that visual thing was related to what we just discussed on CIE just a visual of what happened after it busted

[Feb 12, 2012 8:43:15 PM EST]    InvestorsLive any questions related to this one?

[Feb 12, 2012 8:43:23 PM EST]    InvestorsLive point here is when I am warning in chat 4 times

[Feb 12, 2012 8:43:29 PM EST]    InvestorsLive it’s because I know you guys like to press buttons

[Feb 12, 2012 8:43:38 PM EST]    InvestorsLive same sh*t I do and did and got my azz beat from

[Feb 12, 2012 8:43:45 PM EST]    InvestorsLive so if I am in starts and warn 4 times it’s for a reason

[Feb 12, 2012 8:43:47 PM EST]    Laura and you always do warn

[Feb 12, 2012 8:43:49 PM EST]    InvestorsLive cuz I know they can reel you in

[Feb 12, 2012 8:44:04 PM EST]    InvestorsLive look sometimes I fall for them, I have bad trades absolutely

[Feb 12, 2012 8:44:12 PM EST]    InvestorsLive some of my biggest losses come from these types

[Feb 12, 2012 8:44:21 PM EST]    InvestorsLive SINA etc .. keep going and going and instead of topping they squeeze

[Feb 12, 2012 8:44:30 PM EST]    InvestorsLive and all I have to do is wait for option #2

[Feb 12, 2012 8:44:33 PM EST]    InvestorsLive and let it break trend

[Feb 12, 2012 8:44:50 PM EST]    InvestorsLive but instead of respecting a stop loss MENTAL i let it go against me …

[Feb 12, 2012 8:44:54 PM EST]    InvestorsLive but 90% of the time I’m pretty good

[Feb 12, 2012 8:45:00 PM EST]    InvestorsLive as far as stopping out etc

[Feb 12, 2012 8:45:11 PM EST]    InvestorsLive any questions related to this one?

[Feb 12, 2012 8:45:33 PM EST]    abhive198           nope

[Feb 12, 2012 8:45:55 PM EST]    nomafive             Do you ever choose to use options in the attempt to magnify profits from a high price/share name with a very liquid options market?

[Feb 12, 2012 8:45:58 PM EST]    Laura lot of new members here, WELCOME!

[Feb 12, 2012 8:46:20 PM EST]    InvestorsLive I use options when I don’t feel like losing my shirt on buying a washout

[Feb 12, 2012 8:46:28 PM EST]    chevyhelp           thanks Laura

[Feb 12, 2012 8:46:44 PM EST]    InvestorsLive like GMCR down $10 bucks and washout out $4 instead of buying 1k shares to make a buck I’ll buy $1k worth of options

[Feb 12, 2012 8:47:24 PM EST]    InvestorsLive but I can’t really discuss options I just trade them on big washouts and htat’s about it .. unless I trade them on AAPL and piss away and let them expire

[Feb 12, 2012 8:47:33 PM EST]    InvestorsLive out of boredom

[Feb 12, 2012 8:47:44 PM EST]    InvestorsLive we aren’t an options chat … or a futures EC_F CL_ whatever htey are

[Feb 12, 2012 8:47:53 PM EST]    InvestorsLive so prefer not to have them in the chat

[Feb 12, 2012 8:47:54 PM EST]    nomafive             haha AAPL pisses me off. okay thanks for the comment

[Feb 12, 2012 8:48:01 PM EST]    Laura really

[Feb 12, 2012 8:48:14 PM EST]    InvestorsLive so here’s one we go over often

[Feb 12, 2012 8:48:15 PM EST]    InvestorsLive but

[Feb 12, 2012 8:48:21 PM EST]    InvestorsLive we always trade them so its good to go over again

[Feb 12, 2012 8:48:24 PM EST]    InvestorsLive some new charts some old charts

[Feb 12, 2012 8:48:27 PM EST]    InvestorsLive QUESTION: For your scan with the possibility of the weak opening and then r/g how would you react if it was already going full green from the start? would you chase it?

[Feb 12, 2012 8:48:45 PM EST]    dmnd89               $NEP going bananas.wHAT YALL THINK.

[Feb 12, 2012 8:48:52 PM EST]    InvestorsLive comon

[Feb 12, 2012 8:49:11 PM EST]    InvestorsLive ANSWER: Let’s talk about the weak open first and the chart. We’re in a big market right now – just because things go up doesn’t make them shorts. In fact, it rarely makes them shorts until they over extend and then some! (At least in this market) One trend we’ve seen is weak opens locking in shorts down low, shaking people out only to either rip right back by open nearing red/green or shortly after open 9:45-10AM cross and squeeze. We saw this on Friday with IPSU from the long call.

[Feb 12, 2012 8:49:16 PM EST]    InvestorsLive Call: http://www.investorsunderground.com/img/PIEDTSVGVC.png

[Feb 12, 2012 8:49:26 PM EST]    InvestorsLive I posted my comments on that link from the chat logs

[Feb 12, 2012 8:49:30 PM EST]    InvestorsLive from what I felt was going to happen

[Feb 12, 2012 8:49:32 PM EST]    InvestorsLive as we’ve seen it before

[Feb 12, 2012 8:50:00 PM EST]    InvestorsLive Charts:

[Feb 12, 2012 8:50:01 PM EST]    InvestorsLive http://www.investorsunderground.com/img/LRTZNGBYTR.png

[Feb 12, 2012 8:50:04 PM EST]    InvestorsLive https://www.investorsunderground.com/img/NYDKWDZHUA.png

[Feb 12, 2012 8:50:14 PM EST]    InvestorsLive You can see my buys … and AWFUL sells lol

[Feb 12, 2012 8:50:35 PM EST]    InvestorsLive but we’ve seen this a lot – look JUST BECAUSE A STOCK IS UP DOESN’T MEAN IT HAS TO GO DOWN!

[Feb 12, 2012 8:50:38 PM EST]    InvestorsLive look at BVSN look at CIE

[Feb 12, 2012 8:51:01 PM EST]    InvestorsLive everyone that joins these services and I hang in diff chats that I’ve been invited to just to see what goes on but

[Feb 12, 2012 8:51:09 PM EST]    InvestorsLive its a general consensus that just b/c a stock is green it has to go red

[Feb 12, 2012 8:51:11 PM EST]    InvestorsLive I swear

[Feb 12, 2012 8:51:13 PM EST]    InvestorsLive at least that’s what I see

[Feb 12, 2012 8:51:25 PM EST]    InvestorsLive bad thinking .. but anway

[Feb 12, 2012 8:51:41 PM EST]    InvestorsLive many times everyone wants to short and checks inventory places like IB … “oh there’s only 30k shares avail”

[Feb 12, 2012 8:51:44 PM EST]    InvestorsLive “better short some”

[Feb 12, 2012 8:51:54 PM EST]    InvestorsLive “cuz it was up 40% yesterday should go down today”

[Feb 12, 2012 8:52:05 PM EST]    InvestorsLive so they are up early hitting the bids on stuff like IPSU making sure they get the borrow

[Feb 12, 2012 8:52:24 PM EST]    InvestorsLive I LOVE these plays … many times if they are down big … they make for GREAT red/green plays

[Feb 12, 2012 8:52:31 PM EST]    InvestorsLive I call them Traps

[Feb 12, 2012 8:52:33 PM EST]    InvestorsLive Other traps:

[Feb 12, 2012 8:52:35 PM EST]    Jimbo    on IPSU why didnt you hold for the r/g move? what did you see that made you sell it as it went green?

[Feb 12, 2012 8:52:35 PM EST]    InvestorsLive http://www.investorsunderground.com/img/BXQMCSSUPG.png

[Feb 12, 2012 8:52:39 PM EST]    InvestorsLive http://www.investorsunderground.com/img/BUTFFYKWSU.png

[Feb 12, 2012 8:53:06 PM EST]    InvestorsLive I did but sold into it here cuz I wanted $6 https://www.investorsunderground.com/img/NYDKWDZHUA.png and also cuz I suck not perfect

[Feb 12, 2012 8:53:25 PM EST]    InvestorsLive for me I was up $500 on it by 9:40 AM … why ont take it and work on the next… that’s way I look at it

[Feb 12, 2012 8:53:49 PM EST]    InvestorsLive $500 allows me to be focused and find the next, I have a hard time letting them run as I’ve always said I look for THE move I taught myself between classes in college

[Feb 12, 2012 8:53:53 PM EST]    InvestorsLive I look for THE move

[Feb 12, 2012 8:54:01 PM EST]    InvestorsLive wam bam thank you m’am!

[Feb 12, 2012 8:54:05 PM EST]    Jimbo    ok gotcha

[Feb 12, 2012 8:54:37 PM EST]    InvestorsLive The second part of the question regarding how to react if it is green to start – what I look for is a GREEN hold, let it re-test the prior close – TYPICALLY not always but typically a stock will re-test prior support or prior close before heading back up after a big 10-20 or 30% up day the day before. Other days they’ll gap up and keep on running – usually I ignore those.

[Feb 12, 2012 8:54:44 PM EST]    InvestorsLive To play them I’d rather chase them higher and play a bit smaller with a chart pattern I am familiar with rather than just randomly buying just because they are up. Many times you’ll see me say “small chase but … ” and that’s usually off a flat line consolidation and perk on a stock that has gapped that morning.

[Feb 12, 2012 8:55:35 PM EST]    InvestorsLive Take HSOL for example we discussed last seminar about how important the $2 break and hold was for the next play: http://www.investorsunderground.com/img/XKCWKJFCAC.png

[Feb 12, 2012 8:55:45 PM EST]    superfly15           if you get up on a runner in this market would it be more sensible to just run a trailing stop?

[Feb 12, 2012 8:55:46 PM EST]    InvestorsLive That was the chart from last seminar and as you saw this week the idea came into play – a $2 TEST and HOLD meaning let it break thru $2 (if you didn’t long it anticipating the $2 break) once it re-test and HOLDS $2 and perks off that – that is the move I want to be LONG for the breakout with risk being $1.90-1.95 range. As you saw it hit $2.50 http://www.investorsunderground.com/img/ABNVZBLHDM.png

[Feb 12, 2012 8:56:28 PM EST]    InvestorsLive you could if you’re patient and good at that … I think it’s a mix … I run a day trading chat room if I just let my winners run instead of looking for the next ….

[Feb 12, 2012 8:56:30 PM EST]    InvestorsLive chat would be boring

[Feb 12, 2012 8:56:50 PM EST]    InvestorsLive You guys can hold them … maybe it works maybe it doesn’t … I look for the move … wam bam … next …

[Feb 12, 2012 8:56:56 PM EST]    InvestorsLive I’m not talking like 1 minute moves

[Feb 12, 2012 8:57:13 PM EST]    InvestorsLive I’m talking like we do 15-30 min + plays

[Feb 12, 2012 8:57:20 PM EST]    InvestorsLive patience on some… no patience on others

[Feb 12, 2012 8:57:52 PM EST]    InvestorsLive in chat notes I misplaced these but

[Feb 12, 2012 8:57:54 PM EST]    InvestorsLive more good r/g examples

[Feb 12, 2012 8:57:56 PM EST]    InvestorsLive https://www.investorsunderground.com/img/PIXXDBFEKA.png because it was gearing as you can see http://www.investorsunderground.com/img/ZVZEXERVFD.png

[Feb 12, 2012 8:58:01 PM EST]    InvestorsLive oo woops

[Feb 12, 2012 8:58:10 PM EST]    InvestorsLive scratch that

[Feb 12, 2012 8:58:12 PM EST]    Jimbo    HSOL still in play with $2 support? or is it done?

[Feb 12, 2012 8:58:39 PM EST]    InvestorsLive oh the r/g is on the other question

[Feb 12, 2012 8:58:42 PM EST]    InvestorsLive I’ll get to it

[Feb 12, 2012 8:58:49 PM EST]    InvestorsLive forget the NSRS comments

[Feb 12, 2012 8:59:03 PM EST]    InvestorsLive HSOL the move happened …

[Feb 12, 2012 8:59:11 PM EST]    Jimbo    k

[Feb 12, 2012 8:59:16 PM EST]    InvestorsLive if it sets up again we can play it … but no sense trying to squeeze it out if it’s not in play

[Feb 12, 2012 8:59:37 PM EST]    InvestorsLive it was in play whole # break, break of channel ran to $2.50 pulled back if it sets up again I’m sure we’ll play it .. we are all familiar with it now

[Feb 12, 2012 8:59:43 PM EST]    InvestorsLive any questions related to IPSU or HSOL comments?

[Feb 12, 2012 8:59:56 PM EST]    InvestorsLive make sense, anyone confused on the traps and what they look like

[Feb 12, 2012 9:00:01 PM EST]    InvestorsLive the BVSN example or ZNGA

[Feb 12, 2012 9:00:03 PM EST]    InvestorsLive clear picture?

[Feb 12, 2012 9:00:35 PM EST]    rafael    how did u know when the fade on IPSU was coming to short it

[Feb 12, 2012 9:00:42 PM EST]    t_hoyle                Whats the ZNGA trap…

[Feb 12, 2012 9:00:51 PM EST]    rafael    because previous day it closed near highs

[Feb 12, 2012 9:01:03 PM EST]    InvestorsLive t_hoyle http://www.investorsunderground.com/img/BUTFFYKWSU.png

[Feb 12, 2012 9:01:08 PM EST]    t_hoyle                thanks

[Feb 12, 2012 9:01:14 PM EST]    splendores         BVSN was a good teacher, won;t happen again 🙂

[Feb 12, 2012 9:01:25 PM EST]    InvestorsLive rafael – are you talking about the late day fade we took on Friday?

[Feb 12, 2012 9:01:33 PM EST]    rafael    yea

[Feb 12, 2012 9:01:41 PM EST]    InvestorsLive nearing whole # to the downside

[Feb 12, 2012 9:01:43 PM EST]    InvestorsLive lower highs

[Feb 12, 2012 9:01:47 PM EST]    InvestorsLive was happy with the risk vs. reward

[Feb 12, 2012 9:02:13 PM EST]    InvestorsLive [Feb 10, 2012 1:38:48 PM EST] InvestorsLive leaned into some IPSU just in case r/r 7.30s [Feb 10, 2012 1:38:50 PM EST] InvestorsLive for $7 washout [Feb 10, 2012 1:38:53 PM EST] InvestorsLive 7.13 entry just small

[Feb 12, 2012 9:02:31 PM EST]    InvestorsLive same as what I cover in the suggested seminar to review for today re: Late day fades

[Feb 12, 2012 9:02:48 PM EST]    rafael    okay thanks

[Feb 12, 2012 9:02:51 PM EST]    InvestorsLive QUESTION: Hi, I am really enjoying the site. Lots of useful info. I have spent the past couple of days watching stocks on scan and following along in the chat trying to get an idea of how things flow and how I am going to use the info in my trading. My question is this: When watching a stock that is trading within a tight range for the day and it is going red/green how long do you wait to enter a position? Do you anticipate the move, get in as it hits green or wait a specific amount of time after it has moved green? What are the indicators you personally look for before entering? I anticipated on THLD the other day and lost and realized that I have done this before. Any advice would be appreciated.

[Feb 12, 2012 9:03:08 PM EST]    InvestorsLive Example: QPSA red/green recently in play https://www.investorsunderground.com/img/DLLQKZTIQO.png https://www.investorsunderground.com/img/ZSTGXCYNUO.png TRGT red/green off consolidation https://www.investorsunderground.com/img/MNUSRNWLDE.png NLST red/green off consolidation http://www.investorsunderground.com/img/UHXUXDWISD.png

[Feb 12, 2012 9:03:35 PM EST]    InvestorsLive QPSA another example of me selling early but it’s more about … if you find $100 bucks on the side of the street do u take it?

[Feb 12, 2012 9:03:56 PM EST]    InvestorsLive that’s how I look at that trade … perfect set up … vol coming in … total TEXT BOOK trade set up whole # break and vol

[Feb 12, 2012 9:04:11 PM EST]    InvestorsLive so I bought and flipped for a quick hundo

[Feb 12, 2012 9:04:16 PM EST]    InvestorsLive but yea kept going..

[Feb 12, 2012 9:05:09 PM EST]    InvestorsLive but that’s sorta how I look at that trade – we drill this chart into your heads …. was a text book lay up trade so yea I took the whole # spike for the profits didn’t alert it since it was so clear also had plans to just scalp it but told you all before 10AM text book chart setting up

[Feb 12, 2012 9:05:16 PM EST]    InvestorsLive all the combinations

[Feb 12, 2012 9:05:25 PM EST]    InvestorsLive TRGT and NLST just different ideas but this is HOW TO ANTICIPATE red/green

[Feb 12, 2012 9:05:39 PM EST]    InvestorsLive couple it with GEARING/PERKING and former runners the prior day/week with BIG charts and walla

[Feb 12, 2012 9:05:48 PM EST]    InvestorsLive any questions related to red/green and these charts – make sense/confusion?

[Feb 12, 2012 9:06:29 PM EST]    Jimbo    can you explain more on the ZNGA trap what made you see it

[Feb 12, 2012 9:06:31 PM EST]    Jimbo    http://www.investorsunderground.com/img/BUTFFYKWSU.png

[Feb 12, 2012 9:06:38 PM EST]    Jimbo    $13 held?

[Feb 12, 2012 9:07:21 PM EST]    InvestorsLive yep and I had wrote in chat pre market …. eye on it …. cuz it came down hard but they are defending $13 so typical for a red/green move

[Feb 12, 2012 9:07:25 PM EST]    InvestorsLive or at least rip back

[Feb 12, 2012 9:07:34 PM EST]    Jimbo    k thx

[Feb 12, 2012 9:07:43 PM EST]    InvestorsLive Feb 6th is the date on that chart

[Feb 12, 2012 9:07:45 PM EST]    InvestorsLive on the lower left there

[Feb 12, 2012 9:07:50 PM EST]    InvestorsLive u can view chat logs for whatever I wrote that day

[Feb 12, 2012 9:08:07 PM EST]    Jimbo    gotcha

[Feb 12, 2012 9:08:55 PM EST]    InvestorsLive I think I’ll dobule check but any other questions related

[Feb 12, 2012 9:09:00 PM EST]    InvestorsLive before hitting upon OTCs a lot

[Feb 12, 2012 9:09:40 PM EST]    InvestorsLive QUESTION: Talk about what you’re going to do with the next crazypenny. Everyone is going to be buying and holding, and I have a feeling because everyone’s going to be doing the same thing, they’re going to bag everybody and dump it. Even AMWI pulled back 25% in the beginning and then did nothing for the first 2 weeks. How will you be playing the next crazypenny and will you consider holding overnight after the first day? When everyone expects it to go up big (like RAYS), it never ends up doing so, and I have a feeling this next promo is going to suck because everyone is thinking 10 bagger.

[Feb 12, 2012 9:10:01 PM EST]    InvestorsLive Short answer – we’ll see I’m definately interested we’ll see what happens, when it comes out what price its at and where I catch it

[Feb 12, 2012 9:10:08 PM EST]    InvestorsLive can’t plan for it but I’m definately a buyer at some point

[Feb 12, 2012 9:10:23 PM EST]    InvestorsLive can’t really answer it – I just try to react … not guess

[Feb 12, 2012 9:11:00 PM EST]    InvestorsLive I know everyone wants to nail it …. but the best thing to do is to wait for the emails

[Feb 12, 2012 9:11:02 PM EST]    InvestorsLive wait for it to come out

[Feb 12, 2012 9:11:10 PM EST]    InvestorsLive who knows – no sense trying to guess what it may be

[Feb 12, 2012 9:11:27 PM EST]    InvestorsLive I will focus on reacting when it comes and nothing else

[Feb 12, 2012 9:11:32 PM EST]    InvestorsLive QUESTION: Friday when u bought NSRS on the perk, was it a buy @ BID or buy @ ASK? I’m wondering since if it’s a buy at BID with size that means someone wants out while its perking up off consolidation. So do u automatically grab the ask knowing there won’t be a bid or is there a bid and u went for bid

[Feb 12, 2012 9:11:47 PM EST]    InvestorsLive This question sorta doesn’t make sense but I’ll try my best. Most of the times I buy bids because I am playing the bounces, like the first buy: [Feb 10, 2012 9:43:16 AM EST] InvestorsLive got a couple NSRS .3719 But later on when I bought the perk I just took the offer. https://www.investorsunderground.com/img/PIXXDBFEKA.png because it was gearing as you can see http://www.investorsunderground.com/img/ZVZEXERVFD.png

[Feb 12, 2012 9:12:10 PM EST]    InvestorsLive I think what will clear up your question is realize that every buy is a sell and every sell is a buy … there’s 2 sides to every transaction – but if your question is asking because it may be ‘spread’ ie: goes .45 x .49 and is it worth it to grab .49 etc … it really depends on the chart and how bad you want in, personally I probably wouldn’t chase a .04 cent gap on a stock like that .. but some do. We didn’t really have to worry about that with NSRS though it trades in a very tight channel and bid/ask is usually .002-.005 spread max – the only time it had a gap in the chart was after my sells at .53 and it went straight to .61.

[Feb 12, 2012 9:12:23 PM EST]    InvestorsLive you can see my chat comments on the call Friday

[Feb 12, 2012 9:12:25 PM EST]    InvestorsLive for the long at .448

[Feb 12, 2012 9:12:33 PM EST]    InvestorsLive noticed the bid holding firmly lower highs

[Feb 12, 2012 9:12:34 PM EST]    InvestorsLive and gearing off lows

[Feb 12, 2012 9:12:46 PM EST]    InvestorsLive so liked the r/r .. had been bottoming all morning

[Feb 12, 2012 9:13:01 PM EST]    InvestorsLive told chat I felt that they’d close it green for the weekend just because it does a lot of all the people on the list

[Feb 12, 2012 9:13:24 PM EST]    InvestorsLive they all get excited OMG it’s up its green they are the best its just easier .. and they can celerbate again double off lows ec

[Feb 12, 2012 9:13:26 PM EST]    InvestorsLive etc

[Feb 12, 2012 9:13:35 PM EST]    InvestorsLive Another look: http://www.investorsunderground.com/img/AJXCSHVVSD.png

[Feb 12, 2012 9:14:13 PM EST]    InvestorsLive but NSRS was set up perfectly – gearing into perking lower highs holding volume starting to come in magnet on red/green and solid bid held since emails came out

[Feb 12, 2012 9:14:25 PM EST]    InvestorsLive make sense – questions or comments confusion on NSRS call on Friday?

[Feb 12, 2012 9:15:26 PM EST]    InvestorsLive better question

[Feb 12, 2012 9:15:26 PM EST]    InvestorsLive is anyone sleeping?

[Feb 12, 2012 9:15:31 PM EST]    tradernyc            yes

[Feb 12, 2012 9:15:35 PM EST]    chevyhelp           lol

[Feb 12, 2012 9:15:37 PM EST]    Jimbo    n

[Feb 12, 2012 9:15:43 PM EST]    InvestorsLive QUESTION: I also wanted to how / where to notice ANTS taking off? Also, was pattern that could let you know during midday (2-3 pm) that ANTS could continue from $0.012 to $0.023? Or is that kind of a bet without much support?

[Feb 12, 2012 9:15:54 PM EST]    InvestorsLive https://www.investorsunderground.com/img/WMCLXLKZBD.png [Feb 10, 2012 2:28:15 PM EST] InvestorsLive ANTS pullin’ an ATRN [Feb 10, 2012 3:06:01 PM EST] InvestorsLive liking ANTS reminds me of ATRN https://www.investorsunderground.com/img/ZAGKBSCYWI.png You have to be ok with the risk vs. reward this looks a lot like ATRN before it took off – had a big history traded a lot much higher and faded off to sub .01 … has since been rebounding had good volume was on accumulation scan for the past few days (check chat logs each day it’s been on accum) which means 75% of the vol on the offer during the given period … shows strong accumulation watch for upside and boom!

[Feb 12, 2012 9:16:38 PM EST]    InvestorsLive ANTS has been on accumulation scan for days – JUST because its on Accumulation scan does not mean it is a buy – but it means IF IT SETS UP as something we’re familiar with … gearing/perking or ABCD set up (morning move and then break HODs later)

[Feb 12, 2012 9:16:41 PM EST]    InvestorsLive than I am interested

[Feb 12, 2012 9:16:49 PM EST]    InvestorsLive MOST of the time I am interested 2-3PM +

[Feb 12, 2012 9:17:27 PM EST]    InvestorsLive ANTS like ATRN was a stock that traded LOTS of shares above $1-2+ it has a big history it’s not just some dilution pig that comes out at .02 and sells off to .0001 but rather it is/was a real company that just did a debt conversion

[Feb 12, 2012 9:17:35 PM EST]    sfk10     What would think was the right time to entere into ANTS?

[Feb 12, 2012 9:17:41 PM EST]    InvestorsLive and sold out stock at the best price possible before selling all the way out, market absorbed it and it rebounded

[Feb 12, 2012 9:18:00 PM EST]    InvestorsLive check the last chart i just posted – broke the HOD sfk

[Feb 12, 2012 9:18:06 PM EST]    InvestorsLive 3PM+ move into close

[Feb 12, 2012 9:18:16 PM EST]    InvestorsLive I tend to leave OTCs alone during lull unless very active

[Feb 12, 2012 9:18:23 PM EST]    InvestorsLive AM moves and 2-3pm+

[Feb 12, 2012 9:18:37 PM EST]    InvestorsLive UNLESS its like NSRS which has a HUGE market and any huge tanks I’ll be hawkin’

[Feb 12, 2012 9:18:55 PM EST]    InvestorsLive QUESTION: Can you explain how to buy breakouts on a chart like ATRN? Do I have to look at volume when I buy?

[Feb 12, 2012 9:19:00 PM EST]    InvestorsLive I look for stocks that traded A LOT of volume up high when I play bounces – ATRN ANTS etc etc old stocks that traded in the dollar + range millions of shares https://www.investorsunderground.com/img/RENZFFVSFI.png Earlier example: http://www.investorsunderground.com/img/YNPZYFUUDV.png

[Feb 12, 2012 9:19:36 PM EST]    InvestorsLive will they all be like ATRN absolutely not – will ANTS be like it? probably not … but it sure as hell held pretty well and DIPS were bought – if dips are not bought I’m not interested

[Feb 12, 2012 9:19:57 PM EST]    Jimbo    are you still long ANTS?

[Feb 12, 2012 9:20:03 PM EST]    InvestorsLive no don’t have any left

[Feb 12, 2012 9:20:16 PM EST]    Jimbo    thx

[Feb 12, 2012 9:20:29 PM EST]    sfk10     Interesting, you usually these stocks move up near the end of the day? Has there been any big movement before during start of day sometimes/

[Feb 12, 2012 9:20:46 PM EST]    InvestorsLive come again?

[Feb 12, 2012 9:21:00 PM EST]    InvestorsLive like I said above – OTCs I tend to trade in AM and PM … and leave alone during lull

[Feb 12, 2012 9:21:03 PM EST]    sfk10     Like maybe you see same pattern before 12 pm, and then it takes off at 12 pm

[Feb 12, 2012 9:21:05 PM EST]    InvestorsLive if that answers ur questions

[Feb 12, 2012 9:21:15 PM EST]    InvestorsLive as that is typically when they are moving

[Feb 12, 2012 9:21:26 PM EST]    InvestorsLive yea sure – if it has good vol I may trade it … again it’s if it sets up or not

[Feb 12, 2012 9:21:45 PM EST]    sfk10     ok, that was what I was wondering. If OTC makes big during start / end

[Feb 12, 2012 9:22:01 PM EST]    sfk10     thanks

[Feb 12, 2012 9:22:24 PM EST]    InvestorsLive QUESTION (related to Nasdaq): Some of gearing-perking calls look like nice dbl. top forming. But gear/perk is a long call and dbl top is a short call. You don’t believe in dbl. tops?

[Feb 12, 2012 9:23:11 PM EST]    InvestorsLive it comes down to the ABCD type set up (from powerpoint I told everyone to read before tonight) for those if they are setting up just below HODs later in the day …

[Feb 12, 2012 9:23:27 PM EST]    InvestorsLive usually they carry a strong move with them…. sure they CAN double top … but if they do you’re long with a set risk

[Feb 12, 2012 9:23:42 PM EST]    InvestorsLive where it was perking off from but double top is rare these days .. market is wild

[Feb 12, 2012 9:23:51 PM EST]    Jimbo    the best kind

[Feb 12, 2012 9:23:59 PM EST]    Jimbo    ABCD

[Feb 12, 2012 9:24:08 PM EST]    InvestorsLive QUESTION: Why did ZOLT tank after spiking despite supposedly good news?

[Feb 12, 2012 9:24:22 PM EST]    InvestorsLive ANSWER: we are a momentum chat, the reason is more sellers than buyers

[Feb 12, 2012 9:25:09 PM EST]    InvestorsLive QUESTION: Where can I review the chat?

[Feb 12, 2012 9:25:10 PM EST]    abhive198           so in short, watch the chart closely, not the news so much

[Feb 12, 2012 9:25:12 PM EST]    InvestorsLive ANSWER: http://investimonials.com/websites/reviews-investors-underground-live-trading-chatroom.aspx

[Feb 12, 2012 9:25:21 PM EST]    InvestorsLive We trade moemntum

[Feb 12, 2012 9:25:23 PM EST]    InvestorsLive price action

[Feb 12, 2012 9:25:34 PM EST]    InvestorsLive and set ups I cover

[Feb 12, 2012 9:25:41 PM EST]    InvestorsLive those were the prepped questions for today

[Feb 12, 2012 9:25:44 PM EST]    tradernyc            great seminar thanks IL!

[Feb 12, 2012 9:25:51 PM EST]    InvestorsLive Anything you guys having trouble with?

[Feb 12, 2012 9:25:58 PM EST]    splendores         ty

[Feb 12, 2012 9:26:04 PM EST]    Jimbo    thanks

[Feb 12, 2012 9:26:09 PM EST]    NickEffinPowers               Is there a way I can just see chat from you and your moderators blocking out chat from regular subs?

[Feb 12, 2012 9:27:00 PM EST]    WinGit  lol

[Feb 12, 2012 9:27:13 PM EST]    wcwc69                lolz

[Feb 12, 2012 9:27:54 PM EST]    NickEffinPowers               I’ll take the LOL’s as a no.

[Feb 12, 2012 9:28:07 PM EST]    t_hoyle                i have a question

[Feb 12, 2012 9:28:09 PM EST]    hesjms anyone start using suretrader yet? any thoughts?

[Feb 12, 2012 9:28:12 PM EST]    InvestorsLive Nick – soon we will offer

[Feb 12, 2012 9:28:17 PM EST]    t_hoyle                I understand how your accumulation scan works, but since the OTC’s are back in action, I feel overwhelmed with all the tickers flying around the chat room and end up sitting on my hands watching rather then making a poor choice. What advice would you advise in order to spot the right ones to play/take a trade?

[Feb 12, 2012 9:28:19 PM EST]    InvestorsLive ability to only view who you want

[Feb 12, 2012 9:28:21 PM EST]    Laura you can if you have the time each day to right click user name and click ignor

[Feb 12, 2012 9:28:26 PM EST]    InvestorsLive working on it just waiting for programmer to finish

[Feb 12, 2012 9:28:26 PM EST]    Laura ignore

[Feb 12, 2012 9:28:27 PM EST]    InvestorsLive hopefully soon

[Feb 12, 2012 9:28:39 PM EST]    InvestorsLive but if anyone bothers during day or you notice off topic and I dont do antyhing about it just PM me

[Feb 12, 2012 9:28:51 PM EST]    NickEffinPowers               Awesome I will do that. Thanks Laura and IL!

[Feb 12, 2012 9:28:51 PM EST]    InvestorsLive I’m here for you guys too – I think I do alright managing it but sometimes I’m in the zone trading

[Feb 12, 2012 9:28:54 PM EST]    InvestorsLive and let some chatter get away

[Feb 12, 2012 9:28:56 PM EST]    lmnop   I have to say you do a good job squashing idle chatter

[Feb 12, 2012 9:28:59 PM EST]    rafael    i have a problem with suretrader and setting my limit prices it doesnt give me price i want

[Feb 12, 2012 9:29:13 PM EST]    InvestorsLive QUESTION: I understand how your accumulation scan works, but since the OTC’s are back in action, I feel overwhelmed with all the tickers flying around the chat room and end up sitting on my hands watching rather then making a poor choice. What advice would you advise in order to spot the right ones to play/take a trade?

[Feb 12, 2012 9:29:23 PM EST]    InvestorsLive Focus on a few – wait for the set ups

[Feb 12, 2012 9:29:30 PM EST]    InvestorsLive take a few from scan and a few from caht and focus on what I am looking for

[Feb 12, 2012 9:29:37 PM EST]    InvestorsLive many times I spell out exactly what I am looking for

[Feb 12, 2012 9:29:46 PM EST]    InvestorsLive like PWER etc … if 5.50 goes to test … watch for it etc

[Feb 12, 2012 9:29:49 PM EST]    InvestorsLive red/green wahtever

[Feb 12, 2012 9:29:58 PM EST]    InvestorsLive I always state what I am looking for or post a chart as to why I am watching it

[Feb 12, 2012 9:30:38 PM EST]    t_hoyle                Thanks (y)

[Feb 12, 2012 9:31:01 PM EST]    d_mina I also noticed an issue with the suretrader limit orders

[Feb 12, 2012 9:32:10 PM EST]    InvestorsLive maybe you’re just not familiar with it yet? Maybe request a live demo until you’re familiar with it

[Feb 12, 2012 9:32:14 PM EST]    InvestorsLive any other questions guys

[Feb 12, 2012 9:32:47 PM EST]    t_hoyle                great seminar, really helps posting the charts. Thanks IL

[Feb 12, 2012 9:32:49 PM EST]    InvestorsLive AGAIN DURING THR DAY IM HERE TO HELP

[Feb 12, 2012 9:32:54 PM EST]    InvestorsLive the only thing I ask is you guys do some home work

[Feb 12, 2012 9:33:03 PM EST]    InvestorsLive I post the seminars and powerpoints you need to be familiar with

[Feb 12, 2012 9:33:09 PM EST]    InvestorsLive and I can tell right away if you’ve even looked at them

[Feb 12, 2012 9:33:13 PM EST]    InvestorsLive so that’s my only requirement

[Feb 12, 2012 9:33:23 PM EST]    InvestorsLive for me to help you hands down

[Feb 12, 2012 9:33:28 PM EST]    sezarov1              Thank you, very helpful

[Feb 12, 2012 9:33:29 PM EST]    InvestorsLive otherwise I’m just wasting time

[Feb 12, 2012 9:34:16 PM EST]    doman  Good refresher seminar tonight,

[Feb 12, 2012 9:34:23 PM EST]    InvestorsLive going to switch PCs to do the seminar

[Feb 12, 2012 9:34:25 PM EST]    InvestorsLive I mean

[Feb 12, 2012 9:34:27 PM EST]    InvestorsLive scan

[Feb 12, 2012 9:34:29 PM EST]    InvestorsLive lol

[Feb 12, 2012 9:34:44 PM EST]    splendores         who is LA based in chat? Just wondering

[Feb 12, 2012 9:34:49 PM EST]    InvestorsLive I’ll be on and off but great questions tonight and feel free to email and PM I’ll be checkin’

[Feb 12, 2012 9:34:55 PM EST]    InvestorsLive splendores is looking for a late night hook up

[Feb 12, 2012 9:35:06 PM EST]    InvestorsLive pig

[Feb 12, 2012 9:35:06 PM EST]    splendores         haha

[Feb 12, 2012 9:35:18 PM EST]    Jimbo    splendored im in OC

[Feb 12, 2012 9:35:22 PM EST]    superfly15           good thing domino isnt here

[Feb 12, 2012 9:35:23 PM EST]    splendores         sad but true, anything will do

[Feb 12, 2012 9:35:29 PM EST]    doman  Anyone using Suretrader Mobile app

[Feb 12, 2012 9:35:35 PM EST]    WinGit  OC here too

[Feb 12, 2012 9:35:44 PM EST]    splendores         and I mean thing

[Feb 12, 2012 9:36:10 PM EST]    Laura so OC guys, you all underwater on mortgages?

[Feb 12, 2012 9:36:12 PM EST]    hesjms how long did it take those that went with suretrader to be up and trading?

[Feb 12, 2012 9:36:21 PM EST]    splendores         hehe

[Feb 12, 2012 9:36:28 PM EST]    d_mina I’ve played with the mobile suretrader app abit

[Feb 12, 2012 9:36:45 PM EST]    lmnop   Phoneix – even from 2002.

[Feb 12, 2012 9:37:09 PM EST]    d_mina HESJMS It took about a week for them to review my application and approve it

[Feb 12, 2012 9:37:15 PM EST]    dre7dre7             Phoenix-property is 1/3 what I paid for it

[Feb 12, 2012 9:37:20 PM EST]    dmnd89               suretrader taking forever

[Feb 12, 2012 9:37:26 PM EST]    Laura jesus

[Feb 12, 2012 9:37:34 PM EST]    rafael    phoenix sucks

[Feb 12, 2012 9:37:35 PM EST]    rafael    too hot

[Feb 12, 2012 9:37:38 PM EST]    Ironman               ha i do modifications for all u west c oasters

[Feb 12, 2012 9:37:39 PM EST]    lmnop   yep

[Feb 12, 2012 9:37:41 PM EST]    Ironman               mortgages

[Feb 12, 2012 9:37:47 PM EST]    Ironman               better be nice to me

[Feb 12, 2012 9:37:53 PM EST]    rafael    but its a nice place to buy a home dirt cheap now haha

[Feb 12, 2012 9:38:03 PM EST]    dre7dre7             Owe 190 worth about 65 or 70

[Feb 12, 2012 9:38:30 PM EST]    Ironman               worst i seen was house someone paid like 150k for worth like 9k

[Feb 12, 2012 9:38:36 PM EST]    Ironman               nates daily ioncome

[Feb 12, 2012 9:38:39 PM EST]    dre7dre7             HA

[Feb 12, 2012 9:38:40 PM EST]    rafael    lol

[Feb 12, 2012 9:39:09 PM EST]    rafael    atleast my property is same what its worth 10 years ago

[Feb 12, 2012 9:39:13 PM EST]    rafael    got it just before the bubble

[Feb 12, 2012 9:39:31 PM EST]    dre7dre7             That’s why everyone walks away from them here…if you are upside down 200 or 300k…why would you stay in?

[Feb 12, 2012 9:39:41 PM EST]    rafael    my uncle made bank during 2008 sold his pos home for 350 k haha

[Feb 12, 2012 9:39:45 PM EST]    Ironman               seen few cali ones paid like 2-3 mil only worth like 1 mil

[Feb 12, 2012 9:39:54 PM EST]    Ironman               bank wont even mess with that for them

[Feb 12, 2012 9:40:22 PM EST]    Ironman               mortgage one chick was 17k per month 9% interest rate but she was still current

[Feb 12, 2012 9:40:25 PM EST]    tradernyc            My buddy banked big time had 15 properties modified all of them

[Feb 12, 2012 9:40:34 PM EST]    Ironman               just worth 2 mil less than she owed lol

[Feb 12, 2012 9:40:41 PM EST]    Ironman               id date hr

[Feb 12, 2012 9:40:43 PM EST]    Ironman               her

[Feb 12, 2012 9:40:45 PM EST]    dre7dre7             yeah….750 houses 5 years ago are going for like 200 now here

[Feb 12, 2012 9:40:46 PM EST]    tradernyc            saved over 50 thou on each

[Feb 12, 2012 9:40:49 PM EST]    dre7dre7             In phoenix

[Feb 12, 2012 9:41:38 PM EST]    Ironman               i am looking on few spots for place next year, sadly tak eadvantage of others misfortunes

[Feb 12, 2012 9:41:43 PM EST]    Ironman               but lotta deals

[Feb 12, 2012 9:42:03 PM EST]    Ironman               phoenix, fla, texas

[Feb 12, 2012 9:42:38 PM EST]    dre7dre7             Phoenix has some steals

[Feb 12, 2012 9:42:43 PM EST]    Ironman               ha yes

[Feb 12, 2012 9:43:00 PM EST]    rafael    ironman buy my house ill give u a gud deal

[Feb 12, 2012 9:43:01 PM EST]    tradernyc            Anyone who wants deals on the east coast let me know deals in CT 3 family homes 90K income of 1800 a month clean after expensed

[Feb 12, 2012 9:43:05 PM EST]    Ironman               was looking , and lot of jobs i can still take there and trade full time

[Feb 12, 2012 9:43:07 PM EST]    tradernyc            *expenses

[Feb 12, 2012 9:43:19 PM EST]    tradernyc            I just picked up a house for 12K

[Feb 12, 2012 9:43:28 PM EST]    Ironman               ha wow

[Feb 12, 2012 9:43:31 PM EST]    tradernyc            renting it for 850 section 8

[Feb 12, 2012 9:43:31 PM EST]    Ironman               shed?

[Feb 12, 2012 9:43:32 PM EST]    russellgia             %%%% 12k!

[Feb 12, 2012 9:43:34 PM EST]    Ironman               lol

[Feb 12, 2012 9:43:36 PM EST]    rafael    220 k

[Feb 12, 2012 9:43:39 PM EST]    tradernyc            seriously

[Feb 12, 2012 9:43:40 PM EST]    russellgia             a mobile home?

[Feb 12, 2012 9:43:50 PM EST]    tradernyc            nope a home with basement

[Feb 12, 2012 9:43:53 PM EST]    tradernyc            attached

[Feb 12, 2012 9:43:53 PM EST]    abhive198           i belive that i live in Cleveland

[Feb 12, 2012 9:44:01 PM EST]    russellgia             square feet?

[Feb 12, 2012 9:44:01 PM EST]    abhive198           i have two rental properties

[Feb 12, 2012 9:44:08 PM EST]    tradernyc            1200 sq ft 3 bedroom need a roof and 4 K of work

[Feb 12, 2012 9:44:25 PM EST]    Ironman               cleveland nic eim in buffalo

[Feb 12, 2012 9:44:26 PM EST]    russellgia             thats sick! nice work nyc

[Feb 12, 2012 9:44:29 PM EST]    Ironman               2 shyt holes

[Feb 12, 2012 9:44:31 PM EST]    tradernyc            I do rentals for aliving

[Feb 12, 2012 9:44:35 PM EST]    abhive198           go midwest

[Feb 12, 2012 9:44:35 PM EST]    Ironman               ::laugh

[Feb 12, 2012 9:44:42 PM EST]    abhive198           lol yea

[Feb 12, 2012 9:44:45 PM EST]    tradernyc            im a slumlord

[Feb 12, 2012 9:44:49 PM EST]    tradernyc            lol

[Feb 12, 2012 9:44:53 PM EST]    abhive198           haha so am i section 8

[Feb 12, 2012 9:45:01 PM EST]    tradernyc            where abhive?

[Feb 12, 2012 9:45:04 PM EST]    abhive198           just not sure what condition the tenatnt will leave the place

[Feb 12, 2012 9:45:08 PM EST]    abhive198           Cleveland

[Feb 12, 2012 9:45:21 PM EST]    russellgia             was it from an auction, bankowned, or short sale? nyc?

[Feb 12, 2012 9:45:33 PM EST]    dmnd89               how long does it typically take suretrader to accept an app.

[Feb 12, 2012 9:45:43 PM EST]    russellgia             i wanna do the same thing once i get my sinkhole settlement.

[Feb 12, 2012 9:45:44 PM EST]    tradernyc            i have a 8 family for sale 260K rent roll 5K a month after expenses 4000K clean a month

[Feb 12, 2012 9:45:49 PM EST]    russellgia             i live in FL

[Feb 12, 2012 9:45:55 PM EST]    tradernyc            4K

[Feb 12, 2012 9:45:55 PM EST]    GAM3-OVR        I want this house: http://goo.gl/WN9Fp

[Feb 12, 2012 9:45:58 PM EST]    tradernyc            sorry

[Feb 12, 2012 9:46:05 PM EST]    russellgia             %%%% sinkholes everywhere!!!

[Feb 12, 2012 9:46:18 PM EST]    abhive198           wheres this property rtadernyc

[Feb 12, 2012 9:46:20 PM EST]    Ironman               Game can i move in

[Feb 12, 2012 9:46:25 PM EST]    tradernyc            CT

[Feb 12, 2012 9:46:28 PM EST]    Ironman               ill buy all th emonitors we need

[Feb 12, 2012 9:46:33 PM EST]    GAM3-OVR        I’ll let you know, when they let me move in

[Feb 12, 2012 9:46:40 PM EST]    Ironman               k

[Feb 12, 2012 9:46:53 PM EST]    Ironman               u wont even know im there. literally

[Feb 12, 2012 9:46:56 PM EST]    tradernyc            Im closing on a condo next week 28K

[Feb 12, 2012 9:47:02 PM EST]    GAM3-OVR        wow

[Feb 12, 2012 9:47:04 PM EST]    Ironman               we have to dm each other trades

[Feb 12, 2012 9:47:05 PM EST]    tradernyc            2 bedroom renting for 800

[Feb 12, 2012 9:47:19 PM EST]    russellgia             i don’t care. imma benefit big but 4 real, anyone buying homes in Fl be careful regarding sinkholes. get insured

[Feb 12, 2012 9:47:21 PM EST]    GAM3-OVR        how many homes you have trader

[Feb 12, 2012 9:47:27 PM EST]    tradernyc            a short sale

[Feb 12, 2012 9:47:33 PM EST]    Ironman               sheesh trader flipping homes like OTC p n dumps

[Feb 12, 2012 9:47:47 PM EST]    tradernyc            na dont flip rent to scumbags

[Feb 12, 2012 9:47:49 PM EST]    GAM3-OVR        trader making that cheese

[Feb 12, 2012 9:47:51 PM EST]    russellgia             lol ironman!

[Feb 12, 2012 9:48:32 PM EST]    GAM3-OVR        how is rent collection

[Feb 12, 2012 9:48:33 PM EST]    dmnd89               how long does it typically take suretrader to accept an app.

[Feb 12, 2012 9:48:38 PM EST]    GAM3-OVR        you have a company that does that for u

[Feb 12, 2012 9:48:42 PM EST]    Ironman               rent to pumpers:)

[Feb 12, 2012 9:48:51 PM EST]    Ironman               there scumbags

[Feb 12, 2012 9:48:51 PM EST]    GAM3-OVR        dmnd, took mine 2 days

[Feb 12, 2012 9:48:51 PM EST]    tradernyc            Na i dont trust managment companies

[Feb 12, 2012 9:49:10 PM EST]    tradernyc            I have bigger scumbags than pumpers trust me

[Feb 12, 2012 9:49:24 PM EST]    latour    14k….i cant even pay for the main door here where I live.

[Feb 12, 2012 9:49:42 PM EST]    russellgia             man, I don’t know if i can handle renting out a crib of mine. people trash your %%%%. prob gotta take pics of every wall b4 they move in.lol

[Feb 12, 2012 9:50:04 PM EST]    tradernyc            I told them 2 weeks ago in chat I had a cop tell me that a girl in my building was a hooker so I called her straiht up and said you a hooker not in my building get the hell out . You know what she said?

[Feb 12, 2012 9:50:05 PM EST]    russellgia             b nice to quick flip like day trading

[Feb 12, 2012 9:50:21 PM EST]    tradernyc            You can check my UTERUS lmao!

[Feb 12, 2012 9:50:27 PM EST]    tradernyc            I swear she said that lol

[Feb 12, 2012 9:50:32 PM EST]    Ironman               i rent my room out every weekend usually

[Feb 12, 2012 9:50:37 PM EST]    abhive198           and how does that tell you she’s not one!

[Feb 12, 2012 9:50:38 PM EST]    Ironman               wink

[Feb 12, 2012 9:50:54 PM EST]    tradernyc            i dont know lol just so stupid

[Feb 12, 2012 9:51:22 PM EST]    tradernyc            These people are scum they ruin one place move to another and again and again

[Feb 12, 2012 9:51:33 PM EST]    Ironman               i couldnt deal with that

[Feb 12, 2012 9:51:39 PM EST]    russellgia             nyc u let her stay and pay you in a different form or currency? lol

[Feb 12, 2012 9:51:56 PM EST]    Ironman               omg just read up nyc

[Feb 12, 2012 9:51:56 PM EST]    tradernyc            na no chance

[Feb 12, 2012 9:52:01 PM EST]    Ironman               she said that? hahah

[Feb 12, 2012 9:52:07 PM EST]    tradernyc            I swear

[Feb 12, 2012 9:52:16 PM EST]    russellgia             was she hot?

[Feb 12, 2012 9:52:18 PM EST]    Ironman               lmfao

[Feb 12, 2012 9:52:23 PM EST]    tradernyc            never saw her

[Feb 12, 2012 9:52:25 PM EST]    russellgia             i kno im an idiot lmao!

[Feb 12, 2012 9:52:27 PM EST]    Ironman               slumlord hooker

[Feb 12, 2012 9:52:30 PM EST]    Ironman               prob not

[Feb 12, 2012 9:52:37 PM EST]    russellgia             tru tru

[Feb 12, 2012 9:52:50 PM EST]    Ironman               check my uterus lol ol lol

[Feb 12, 2012 9:52:52 PM EST]    russellgia             i guess i been watchin too much porn

[Feb 12, 2012 9:52:52 PM EST]    Ironman               omg

[Feb 12, 2012 9:53:00 PM EST]    tradernyc            U also get calls anytime of the day night etc

[Feb 12, 2012 9:53:26 PM EST]    Ironman               i would been like u know what let me get my assiatnt on that sit tight ok

[Feb 12, 2012 9:53:28 PM EST]    tradernyc            its a pain. Trading is much better if your good at it. who nneds the headache of the %%%%%%%%

[Feb 12, 2012 9:53:31 PM EST]    abhive198           i have a property manager who deals with that %%%%

[Feb 12, 2012 9:53:35 PM EST]    Ironman               then sent tim sykes over

[Feb 12, 2012 9:53:39 PM EST]    Ironman               sell her a dvd

[Feb 12, 2012 9:53:44 PM EST]    tradernyc            lol

[Feb 12, 2012 9:54:03 PM EST]    tradernyc            abhive how many units u have?

[Feb 12, 2012 9:54:14 PM EST]    Ironman               u married nyc?

[Feb 12, 2012 9:54:16 PM EST]    abhive198           3

[Feb 12, 2012 9:54:20 PM EST]    tradernyc            yep

[Feb 12, 2012 9:54:27 PM EST]    Ironman               even better lol

[Feb 12, 2012 9:54:30 PM EST]    rafael    nyc ook me up with a place in ny , im moving there soon

[Feb 12, 2012 9:54:32 PM EST]    abhive198           a single unit and another duplex

[Feb 12, 2012 9:54:34 PM EST]    tradernyc            Iron I had twins last week u werent around?

[Feb 12, 2012 9:54:39 PM EST]    Ironman               well honey what u want me to do, it was “work related’

[Feb 12, 2012 9:54:56 PM EST]    tradernyc            twin girls

[Feb 12, 2012 9:55:01 PM EST]    Ironman               i was theres lot going on i do rember tho now u say it:)

[Feb 12, 2012 9:55:02 PM EST]    russellgia             wow! 4real u had twins

[Feb 12, 2012 9:55:05 PM EST]    Ironman               awesoem man

[Feb 12, 2012 9:55:07 PM EST]    russellgia             ccongrats!

[Feb 12, 2012 9:55:13 PM EST]    tradernyc            thanks

[Feb 12, 2012 9:55:16 PM EST]    Ironman               bette rbuy a gun in like 16 yrs

[Feb 12, 2012 9:55:18 PM EST]    dmnd89               whats the next $nsrs

[Feb 12, 2012 9:55:20 PM EST]    abhive198           ::up

[Feb 12, 2012 9:55:29 PM EST]    tradernyc            thats why havent been around crazy around here

[Feb 12, 2012 9:55:31 PM EST]    Ironman               ever see bad boys 2?

[Feb 12, 2012 9:55:41 PM EST]    tradernyc            yep

[Feb 12, 2012 9:55:52 PM EST]    Ironman               call me , we can pull that stunt like will smith when dude shows up at door

[Feb 12, 2012 9:55:54 PM EST]    Ironman               hahah

[Feb 12, 2012 9:55:59 PM EST]    tradernyc            3 girls in all one 3 yrs old and 2 one week old 1 minute apart

[Feb 12, 2012 9:56:01 PM EST]    Ironman               im game

[Feb 12, 2012 9:56:13 PM EST]    Ironman               wow

[Feb 12, 2012 9:56:19 PM EST]    Ironman               u must never sleep

[Feb 12, 2012 9:56:32 PM EST]    Ironman               trade, slumlords, 3 girls, wife

[Feb 12, 2012 9:56:35 PM EST]    tradernyc            I have anurse now for 3 weeks after that I wont sleep

[Feb 12, 2012 9:56:46 PM EST]    tradernyc            * a nurse

[Feb 12, 2012 9:56:59 PM EST]    Ironman               bette ruse hard stops in case u fall asleep on pc lol

[Feb 12, 2012 9:57:04 PM EST]    abhive198           ok gtg take the trash out… wife on my %%%

[Feb 12, 2012 9:57:12 PM EST]    tradernyc            tenats drive me crazy but all you have to do is be political and make them think you give a crap

[Feb 12, 2012 9:57:19 PM EST]    Ironman               k abhive

[Feb 12, 2012 9:57:31 PM EST]    Ironman               have good one

[Feb 12, 2012 9:57:40 PM EST]    abhive198           i’ll be back to check the scan

[Feb 12, 2012 9:57:45 PM EST]    tradernyc            when they complain you hear themn out make belive you give a crap thats all they want

[Feb 12, 2012 9:57:53 PM EST]    Ironman               did miranda lambert blow up?

[Feb 12, 2012 9:58:08 PM EST]    Ironman               wasnt she way thinner before, looks pump and dumped now

[Feb 12, 2012 9:58:48 PM EST]    MilesJStoner      futures 50+

[Feb 12, 2012 9:58:50 PM EST]    tradernyc            Whitney Houston nuts no? That was a surprise yesterday

[Feb 12, 2012 9:58:50 PM EST]    Ironman               yeah good way to go about it

[Feb 12, 2012 9:59:10 PM EST]    Ironman               lol miles

[Feb 12, 2012 9:59:35 PM EST]    Ironman               yeah definitely

[Feb 12, 2012 9:59:40 PM EST]    tradernyc            im out! c u guys in the morning

[Feb 12, 2012 9:59:44 PM EST]    Ironman               later

[Feb 12, 2012 10:00:08 PM EST] russellgia             peace

[Feb 12, 2012 10:00:27 PM EST] Ironman               hope u dont mean up 50 handles miles

[Feb 12, 2012 10:00:39 PM EST] Ironman               or your just drunk drank drunk

[Feb 12, 2012 10:02:40 PM EST] MilesJStoner      http://prntscr.com/63cl1 on the dow

[Feb 12, 2012 10:03:00 PM EST] Ironman               oh got ya

[Feb 12, 2012 10:03:27 PM EST] Ironman               i just assume the SP500

[Feb 12, 2012 10:04:52 PM EST] Ironman               should be an interesting opne for sure

[Feb 12, 2012 10:09:05 PM EST] russellgia             i hope the market gets outta boring ‘dip buying mode’ n either tanks or breaks out

[Feb 12, 2012 10:09:22 PM EST] russellgia             just lookin at the SPY

[Feb 12, 2012 10:09:38 PM EST] russellgia             these levels gonna b interesting tho

[Feb 12, 2012 10:16:46 PM EST] russellgia             PCYC should b fun

[Feb 12, 2012 10:17:35 PM EST] doman  Any one here part time trader, trading via mobile app

[Feb 12, 2012 10:22:10 PM EST] rafael    daytrading via mobile app would suck

[Feb 12, 2012 10:22:37 PM EST] doman  Russ, what does lookin at the SPY do for ya,, indicator or trade

[Feb 12, 2012 10:23:24 PM EST] doman  rafael, you did it

[Feb 12, 2012 10:52:03 PM EST] MilesJStoner      boomwin is pulblished, but i”m not done, just have what I have, but I might finish it real late if anyeon cares even

[Feb 12, 2012 10:54:18 PM EST] InvestorsLive http://www.investorsunderground.com/2012/02/12/scans-for-021312-from-InvestorsLive/

[Feb 12, 2012 10:54:22 PM EST] InvestorsLive good night all!

[Feb 12, 2012 10:58:02 PM EST] doman  Thanks Miles

1 Comment

  1. Reading this after 9 years it happen 🙂 Where was I?

    Reply

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