[Nov 21, 2010 8:01:22 PM EST] InvestorsLive welcome guys!
[Nov 21, 2010 8:01:38 PM EST] sxpress hello
[Nov 21, 2010 8:01:39 PM EST] InvestorsLive http://www.investorsunderground.com/2010/11/21/the-three-best-set-ups-i-look-for/
[Nov 21, 2010 8:01:44 PM EST] spazztrader wow thats some chart on MONT
[Nov 21, 2010 8:01:57 PM EST] InvestorsLive Professor please check PM
[Nov 21, 2010 8:02:17 PM EST] InvestorsLive Alright – so this is a piece of my Vegas presentation … figured very useful for everyone to get a feel for exactly what we’re looking for
[Nov 21, 2010 8:02:18 PM EST] InvestorsLive the best set ups
[Nov 21, 2010 8:02:20 PM EST] InvestorsLive etc
[Nov 21, 2010 8:02:27 PM EST] InvestorsLive u can scroll thru it or just go 1 by 1 .. prob easier
[Nov 21, 2010 8:02:39 PM EST] InvestorsLive any one has an issue let me know – refresh it …
[Nov 21, 2010 8:02:46 PM EST] InvestorsLive if you couldn’t access it before
[Nov 21, 2010 8:02:56 PM EST] InvestorsLive and let me know once loaded
[Nov 21, 2010 8:03:03 PM EST] InvestorsLive all good?
[Nov 21, 2010 8:03:12 PM EST] spazztrader open here forme
[Nov 21, 2010 8:03:27 PM EST] sxpress works for me
[Nov 21, 2010 8:03:28 PM EST] marketmaker1177 good
[Nov 21, 2010 8:03:35 PM EST] InvestorsLive Alright cool I took out most of the intro stuff
[Nov 21, 2010 8:03:39 PM EST] InvestorsLive how i made a lot .. and how I lost it all
[Nov 21, 2010 8:03:39 PM EST] InvestorsLive etc
[Nov 21, 2010 8:03:48 PM EST] InvestorsLive and cut to the chase of what we do in the chat
[Nov 21, 2010 8:03:53 PM EST] InvestorsLive Slide 2 of 22
[Nov 21, 2010 8:04:15 PM EST] InvestorsLive First and foremost
[Nov 21, 2010 8:04:24 PM EST] InvestorsLive you can’t mix the 2 strategies we do in here
[Nov 21, 2010 8:04:27 PM EST] InvestorsLive if u go in for a trade…
[Nov 21, 2010 8:04:28 PM EST] InvestorsLive its a trade
[Nov 21, 2010 8:04:31 PM EST] InvestorsLive don’t turn it into an investment
[Nov 21, 2010 8:04:44 PM EST] InvestorsLive you’re in for something you saw on the chart… intraday… daily.. whatever it may be
[Nov 21, 2010 8:04:53 PM EST] InvestorsLive if you’re wrong… its ok … take the loss and move on
[Nov 21, 2010 8:05:03 PM EST] InvestorsLive most people find that to be the hardest thing…
[Nov 21, 2010 8:05:18 PM EST] InvestorsLive one thing that I always noticed I used to do … and heck.. even sometimes still do is if I am red in a trade
[Nov 21, 2010 8:05:23 PM EST] InvestorsLive I start google searching/finance.yahoo…
[Nov 21, 2010 8:05:29 PM EST] InvestorsLive and try to rationalize my long or short
[Nov 21, 2010 8:05:39 PM EST] InvestorsLive “well they were bad earnings .. ” … “they guided down” etc…
[Nov 21, 2010 8:05:53 PM EST] InvestorsLive if you catch yourself doing that … you’re in for the wrong reason… cut it off and move on
[Nov 21, 2010 8:06:06 PM EST] InvestorsLive on the flip side… if ur investing.. good luck 😛
[Nov 21, 2010 8:06:13 PM EST] InvestorsLive any questions on the first intro slide?
[Nov 21, 2010 8:06:22 PM EST] marketmaker1177 no
[Nov 21, 2010 8:06:24 PM EST] sxpress no
[Nov 21, 2010 8:06:31 PM EST] InvestorsLive Alright slide 3/22
[Nov 21, 2010 8:06:37 PM EST] InvestorsLive pretty much was my break down of what I was going to talk about in Vegas
[Nov 21, 2010 8:06:58 PM EST] InvestorsLive so.. Trading former runners … trading the red/green w/ other factors… shorting over extensions … and pumpers
[Nov 21, 2010 8:07:09 PM EST] InvestorsLive Slide 4/22
[Nov 21, 2010 8:07:15 PM EST] InvestorsLive So what the hell are Former runners?
[Nov 21, 2010 8:07:43 PM EST] InvestorsLive most of u guys already know… but still ask still wanna know what we see in them how they become one etc
[Nov 21, 2010 8:07:48 PM EST] InvestorsLive next slides I’ll show
[Nov 21, 2010 8:07:56 PM EST] InvestorsLive how do you find out about them… remember them etc
[Nov 21, 2010 8:08:02 PM EST] InvestorsLive its done by doing the scans and homework each night
[Nov 21, 2010 8:08:31 PM EST] InvestorsLive each time sectors get hot.. you’ll notice the same former runners rollin’ again
[Nov 21, 2010 8:08:31 PM EST] liquid do you use %gainers on scans?
[Nov 21, 2010 8:08:56 PM EST] InvestorsLive each time low floats get hot you’ll notice the low floats going… next (if you’ve been here the past 4 weeks) you’ll remember all those LIVE TORM AERL CDTI etc
[Nov 21, 2010 8:09:17 PM EST] InvestorsLive Does it always work? … meaning
[Nov 21, 2010 8:09:32 PM EST] InvestorsLive does just trading former runners always work ? no.. sometimes they rip and they do nothing…
[Nov 21, 2010 8:09:39 PM EST] InvestorsLive but since your reaction is so much faster than most
[Nov 21, 2010 8:09:48 PM EST] InvestorsLive you’re prob in near bottom and worst case you can cut out at even or slight loss
[Nov 21, 2010 8:09:56 PM EST] InvestorsLive (for those just joining: http://www.investorsunderground.com/2010/11/21/the-three-best-set-ups-i-look-for )
[Nov 21, 2010 8:10:20 PM EST] InvestorsLive Liquid – scans we use uc an find on the StockFetcher scans page
[Nov 21, 2010 8:10:35 PM EST] InvestorsLive so .. #5 slide + are examples of former runners
[Nov 21, 2010 8:10:45 PM EST] InvestorsLive just so you have a feel for what you’re looking for if you don’t know the history of a stock
[Nov 21, 2010 8:10:59 PM EST] InvestorsLive big pops
[Nov 21, 2010 8:11:06 PM EST] InvestorsLive volume in past etc
[Nov 21, 2010 8:11:13 PM EST] InvestorsLive so first one is ABIO
[Nov 21, 2010 8:11:34 PM EST] InvestorsLive Next slide 6/22 you can see how fast they move
[Nov 21, 2010 8:11:39 PM EST] InvestorsLive and why knowing them is benefitial
[Nov 21, 2010 8:11:54 PM EST] InvestorsLive you won’t always get the dead bottom – heck most times I like to see them pop first and then look for them to set up
[Nov 21, 2010 8:12:02 PM EST] InvestorsLive (I’ll go over what i look for for ‘setting up’)
[Nov 21, 2010 8:12:27 PM EST] InvestorsLive but .. .as you can see ABIO lil pop.. magnet towards $4 and bang .. I think a good portion of us traded this one back that day in Oct
[Nov 21, 2010 8:12:35 PM EST] InvestorsLive IFLG we all know this one … slide 7/22
[Nov 21, 2010 8:12:45 PM EST] InvestorsLive IDN slide 8/22
[Nov 21, 2010 8:13:02 PM EST] InvestorsLive the key is putting these tickers in the back of ur mind
[Nov 21, 2010 8:13:09 PM EST] InvestorsLive don’t TRY to memorize them all you just will…
[Nov 21, 2010 8:13:14 PM EST] InvestorsLive it happens they store in there believe me
[Nov 21, 2010 8:13:28 PM EST] InvestorsLive before you know it you’ll know each and every ticker.. 52 week low/high and when it last ran
[Nov 21, 2010 8:13:39 PM EST] InvestorsLive Next slide 9/22
[Nov 21, 2010 8:13:48 PM EST] InvestorsLive DCTH .. no as much as a LOW FLOATER like the rest
[Nov 21, 2010 8:14:01 PM EST] InvestorsLive low floater = less shares out … trades much more thin – ie: less volume more price action
[Nov 21, 2010 8:14:09 PM EST] InvestorsLive but … it has a BIG chart
[Nov 21, 2010 8:14:51 PM EST] InvestorsLive former runner .. ripped – pulled back and now every time it shows up on HOD list we are familiar with it
[Nov 21, 2010 8:15:09 PM EST] InvestorsLive any questions so far?
[Nov 21, 2010 8:15:19 PM EST] spazztrader none yet
[Nov 21, 2010 8:15:43 PM EST] WB151 So is HOD breakout the first thing you look to see for gaming long entry?
[Nov 21, 2010 8:15:48 PM EST] WB151 or something sooner?
[Nov 21, 2010 8:16:01 PM EST] InvestorsLive HOD break is the first time it’ll come on radar b/c my scans … = HOD LOD list
[Nov 21, 2010 8:16:13 PM EST] InvestorsLive unless its on scan from the night before
[Nov 21, 2010 8:16:20 PM EST] InvestorsLive which I would then consider off dips etc
[Nov 21, 2010 8:16:41 PM EST] InvestorsLive for example
[Nov 21, 2010 8:16:47 PM EST] InvestorsLive if its a nice chart coming off a solid base
[Nov 21, 2010 8:17:03 PM EST] InvestorsLive and all of a sudden I see a ton of volume and HOD list lights up
[Nov 21, 2010 8:17:12 PM EST] InvestorsLive then I’d jump right in
[Nov 21, 2010 8:17:29 PM EST] InvestorsLive if its an extended chart
[Nov 21, 2010 8:17:32 PM EST] InvestorsLive or just random choppy chart
[Nov 21, 2010 8:17:38 PM EST] InvestorsLive I would late it set up mid day
[Nov 21, 2010 8:17:52 PM EST] WB151 1:30-2ish?
[Nov 21, 2010 8:18:30 PM EST] InvestorsLive or… like PIP in a few slides
[Nov 21, 2010 8:18:33 PM EST] InvestorsLive at any time of day
[Nov 21, 2010 8:18:48 PM EST] InvestorsLive I’ll remind u in a min
[Nov 21, 2010 8:18:54 PM EST] InvestorsLive so … next slide 10/22
[Nov 21, 2010 8:19:00 PM EST] InvestorsLive the making of a former rrunner
[Nov 21, 2010 8:19:07 PM EST] InvestorsLive when I made the presentation PIP chart looked like this
[Nov 21, 2010 8:19:22 PM EST] InvestorsLive so now its official a KNOWN runner… everyone knows it… could die out for next 3 months 6 months etc
[Nov 21, 2010 8:19:29 PM EST] InvestorsLive but now PIP is in our brain
[Nov 21, 2010 8:19:51 PM EST] InvestorsLive if SIGA starts ripping in 3-6 months from now (since they are related) … I will immediately pull up PIP
[Nov 21, 2010 8:19:54 PM EST] InvestorsLive and vice versa
[Nov 21, 2010 8:20:09 PM EST] InvestorsLive or… if PIP alone starts ripping off some support – lets say $3
[Nov 21, 2010 8:20:23 PM EST] InvestorsLive I’ll likely long it …
[Nov 21, 2010 8:20:33 PM EST] InvestorsLive but .. before this last move .. did anyone really know PIP?
[Nov 21, 2010 8:20:59 PM EST] liquid Q:
[Nov 21, 2010 8:21:12 PM EST] liquid so you like sympathy plays for these type of pumps?
[Nov 21, 2010 8:21:31 PM EST] InvestorsLive well one thing we learned recently about PIP is
[Nov 21, 2010 8:21:33 PM EST] InvestorsLive a) its a former runner
[Nov 21, 2010 8:21:37 PM EST] InvestorsLive b) it moved with SIGA
[Nov 21, 2010 8:22:07 PM EST] InvestorsLive they don’t always have to be sympathy plays
[Nov 21, 2010 8:22:11 PM EST] InvestorsLive but u can go within sectors
[Nov 21, 2010 8:22:21 PM EST] liquid k
[Nov 21, 2010 8:22:23 PM EST] InvestorsLive so if Solars are hot .. the highest dayrangers outta the solars you’ll see us trading
[Nov 21, 2010 8:22:35 PM EST] InvestorsLive if bancorps are hot…
[Nov 21, 2010 8:22:37 PM EST] InvestorsLive if mining is hot…
[Nov 21, 2010 8:22:38 PM EST] InvestorsLive etc
[Nov 21, 2010 8:22:58 PM EST] InvestorsLive So – next is trading red to green
[Nov 21, 2010 8:23:01 PM EST] InvestorsLive slide 11/22
[Nov 21, 2010 8:23:11 PM EST] InvestorsLive One common misunderstanding
[Nov 21, 2010 8:23:25 PM EST] InvestorsLive just because it goes red/green does not mean I/we/you should like it
[Nov 21, 2010 8:23:40 PM EST] InvestorsLive It needs to be a stock in play…
[Nov 21, 2010 8:23:45 PM EST] InvestorsLive did it pop 1-2 days ago?
[Nov 21, 2010 8:23:57 PM EST] InvestorsLive did it just tank the past 3-4 days and first day bounce after a morning sell off?
[Nov 21, 2010 8:24:22 PM EST] InvestorsLive If you see a stock set up just below red to green
[Nov 21, 2010 8:24:30 PM EST] InvestorsLive lets say it started off red for the day -.40 cents
[Nov 21, 2010 8:24:48 PM EST] InvestorsLive and it was slowly grinding its way back to -.20 and -.15
[Nov 21, 2010 8:25:09 PM EST] InvestorsLive that may be on my radar if it was a high flyer in the past 2 days
[Nov 21, 2010 8:25:22 PM EST] InvestorsLive and THAT red/green would interest me
[Nov 21, 2010 8:25:33 PM EST] InvestorsLive vs. a random stock doing random things that just happens to cross red to green
[Nov 21, 2010 8:25:40 PM EST] InvestorsLive understand difference on what we are looking for?
[Nov 21, 2010 8:25:54 PM EST] spazztrader yes
[Nov 21, 2010 8:25:55 PM EST] vadimg yes
[Nov 21, 2010 8:26:00 PM EST] InvestorsLive http://www.investorsunderground.com/2010/11/21/the-three-best-set-ups-i-look-for/ for those just logging in
[Nov 21, 2010 8:26:08 PM EST] InvestorsLive alright good
[Nov 21, 2010 8:26:08 PM EST] InvestorsLive so
[Nov 21, 2010 8:26:15 PM EST] InvestorsLive I always talk COMBOSSSSSSS
[Nov 21, 2010 8:26:31 PM EST] InvestorsLive the more combinations that you can put together
[Nov 21, 2010 8:26:38 PM EST] InvestorsLive the more powerful move you’re going to have
[Nov 21, 2010 8:26:43 PM EST] InvestorsLive (not always .. but most cases)
[Nov 21, 2010 8:26:50 PM EST] InvestorsLive its about getting as many catalyst as you can in a play
[Nov 21, 2010 8:26:56 PM EST] InvestorsLive because that’s whats going to bring the most attention
[Nov 21, 2010 8:27:26 PM EST] InvestorsLive u want as many players watching it as possible so
[Nov 21, 2010 8:27:30 PM EST] InvestorsLive if you have a whole # play coming
[Nov 21, 2010 8:27:30 PM EST] Rhugh IL, do u view difference in a stock that has gapped down pre and is making a move up to r/g as opposed to a stock up pre and has sold off and is now making a move up
[Nov 21, 2010 8:27:32 PM EST] InvestorsLive red/green
[Nov 21, 2010 8:27:34 PM EST] InvestorsLive volume
[Nov 21, 2010 8:27:42 PM EST] InvestorsLive etc etc etc .. all compiling together
[Nov 21, 2010 8:27:52 PM EST] InvestorsLive you’re going to have a much more powerful reaction
[Nov 21, 2010 8:28:05 PM EST] InvestorsLive than just maybe… a HOD breakout? … or a red/green test
[Nov 21, 2010 8:28:31 PM EST] InvestorsLive Rhugh – same move imo … if it was a stock in play then yes
[Nov 21, 2010 8:28:37 PM EST] InvestorsLive or a big gap down that has managed to make its wayall the way back
[Nov 21, 2010 8:28:43 PM EST] InvestorsLive thats a bullish sigh as well but
[Nov 21, 2010 8:28:51 PM EST] WB151 do you ever consider going long on a forced buy-in event, e.g. REE a couple months back
[Nov 21, 2010 8:28:58 PM EST] InvestorsLive I don’t liek to buy the pop red/green I’d rather buy the perk (when its still red) as soon as it makes an attempt for red/green
[Nov 21, 2010 8:29:05 PM EST] InvestorsLive coming off a base of some sort
[Nov 21, 2010 8:29:19 PM EST] InvestorsLive WB – nah … not really
[Nov 21, 2010 8:29:26 PM EST] InvestorsLive I was short REE thru it all .. no forced by ins
[Nov 21, 2010 8:29:31 PM EST] InvestorsLive buy ins*
[Nov 21, 2010 8:29:44 PM EST] InvestorsLive (for those just coming in: http://www.investorsunderground.com/2010/11/21/the-three-best-set-ups-i-look-for )
[Nov 21, 2010 8:29:51 PM EST] InvestorsLive any questions on that red/green slide?
[Nov 21, 2010 8:30:00 PM EST] Laura forced buyins not bullish I don’t think
[Nov 21, 2010 8:30:04 PM EST] BearNine IL i notice in the morning everything is so fast moving, (the base is shorted and perk is shorter too) into r/g can u comment on that
[Nov 21, 2010 8:30:06 PM EST] Laura too many shorts on it
[Nov 21, 2010 8:30:33 PM EST] InvestorsLive Bear – I don’t consider a red/green an AM play
[Nov 21, 2010 8:30:59 PM EST] InvestorsLive just like HOD list in the first 15 minutes
[Nov 21, 2010 8:31:00 PM EST] InvestorsLive I mean..
[Nov 21, 2010 8:31:06 PM EST] InvestorsLive everything it hits high or low will be HOD or LOD
[Nov 21, 2010 8:31:15 PM EST] InvestorsLive these are trading ideas and trading set ups for intraday
[Nov 21, 2010 8:31:16 PM EST] BearNine can you go over more buying setups for the morning i notice a lot just dip and then run all day or hold green and run all day
[Nov 21, 2010 8:31:47 PM EST] InvestorsLive I would just consider the pull backs .. usually the big rips
[Nov 21, 2010 8:31:49 PM EST] BearNine or not even worth it wait for the setups we go over?
[Nov 21, 2010 8:31:55 PM EST] InvestorsLive you’ll see Muddy or me say something in pre .. or at Open .. big pull here
[Nov 21, 2010 8:32:07 PM EST] InvestorsLive you can always consider a long partial size or something there – those aren’t my best plays but
[Nov 21, 2010 8:32:18 PM EST] InvestorsLive if u get on right side of it u could ride a trailing stop
[Nov 21, 2010 8:32:44 PM EST] InvestorsLive you either get the pull or you don’t … if it keeps heading up u can always just tag along and trail it
[Nov 21, 2010 8:32:47 PM EST] InvestorsLive I have a hard time doing that….
[Nov 21, 2010 8:32:50 PM EST] InvestorsLive so not my cup of tea
[Nov 21, 2010 8:32:55 PM EST] BearNine ah ok
[Nov 21, 2010 8:33:13 PM EST] InvestorsLive WB – going to get to ur question a few slides back
[Nov 21, 2010 8:33:20 PM EST] InvestorsLive again here in next 2 slides
[Nov 21, 2010 8:33:27 PM EST] WB151 ok
[Nov 21, 2010 8:33:43 PM EST] InvestorsLive so 12/22
[Nov 21, 2010 8:33:55 PM EST] InvestorsLive the slide – not the date
[Nov 21, 2010 8:34:04 PM EST] InvestorsLive PIP .. here is an example prior days it was ripping
[Nov 21, 2010 8:34:11 PM EST] InvestorsLive been a hot momentum trader.. it starteed off red for the day
[Nov 21, 2010 8:34:22 PM EST] InvestorsLive just shy of $2 bucks
[Nov 21, 2010 8:34:27 PM EST] InvestorsLive like $1.80-1.85 range
[Nov 21, 2010 8:34:36 PM EST] InvestorsLive no reason to be in prior to 10 am
[Nov 21, 2010 8:34:42 PM EST] InvestorsLive well 9:45 AM
[Nov 21, 2010 8:34:55 PM EST] InvestorsLive but around 9:50AM … volume picked up and started going for $2 test
[Nov 21, 2010 8:35:00 PM EST] InvestorsLive 1.90 .. vol surge… $2 must
[Nov 21, 2010 8:35:05 PM EST] InvestorsLive low risk / high reward trade there
[Nov 21, 2010 8:35:25 PM EST] InvestorsLive red/green stock in play prior days…. = first entry
[Nov 21, 2010 8:35:34 PM EST] InvestorsLive so if “gaming for entries” and a good chart
[Nov 21, 2010 8:35:37 PM EST] InvestorsLive bang I’d be in …
[Nov 21, 2010 8:35:39 PM EST] InvestorsLive IF YOU MISS
[Nov 21, 2010 8:35:46 PM EST] InvestorsLive slide 13/22
[Nov 21, 2010 8:35:48 PM EST] InvestorsLive let it set up
[Nov 21, 2010 8:36:05 PM EST] InvestorsLive it pushed straight out of the gate til about 10:45AM
[Nov 21, 2010 8:36:25 PM EST] InvestorsLive (u can maximize the powerpoint slide on the left of the AS bottom right) to view the time better)
[Nov 21, 2010 8:36:41 PM EST] InvestorsLive then around 11:30 (just before it)
[Nov 21, 2010 8:36:47 PM EST] InvestorsLive you see it perk up off the gearing
[Nov 21, 2010 8:36:50 PM EST] InvestorsLive between 11 and 11:30
[Nov 21, 2010 8:36:54 PM EST] InvestorsLive this would be 2nd entry
[Nov 21, 2010 8:37:01 PM EST] InvestorsLive prior resistance became support (that line)
[Nov 21, 2010 8:37:04 PM EST] InvestorsLive and up and away from there
[Nov 21, 2010 8:37:11 PM EST] InvestorsLive on a fail?
[Nov 21, 2010 8:37:16 PM EST] InvestorsLive waht if it didn’t break out … and sold off
[Nov 21, 2010 8:37:29 PM EST] InvestorsLive stop would be around 2.50 area or 2.40
[Nov 21, 2010 8:37:39 PM EST] InvestorsLive whereas the buy was 2.65
[Nov 21, 2010 8:38:09 PM EST] Will_The_Kid What constitutes a significant perk? Vol and a few green candles in a row?
[Nov 21, 2010 8:39:04 PM EST] InvestorsLive gearing as I see/call it … is the slow slow inch higher on a bullish trend… after a bit of consolidation and then when yes… I see some vol and the it perk off that support whether its a few pennies or a dime or whatever
[Nov 21, 2010 8:39:19 PM EST] InvestorsLive it can even be .01 … if its one of those penny pumps that’s trading .001 at a time
[Nov 21, 2010 8:40:11 PM EST] vadimg wasnt CRM perking on Firday around 11:30?
[Nov 21, 2010 8:40:39 PM EST] InvestorsLive slow/steady inch on that all day
[Nov 21, 2010 8:40:47 PM EST] InvestorsLive I’m not sure I was 50% blind on it
[Nov 21, 2010 8:40:59 PM EST] InvestorsLive as u know.. was on train but yea
[Nov 21, 2010 8:41:01 PM EST] InvestorsLive big move in AM
[Nov 21, 2010 8:41:03 PM EST] InvestorsLive pulled back
[Nov 21, 2010 8:41:18 PM EST] InvestorsLive cosnoldiation just below 133
[Nov 21, 2010 8:41:23 PM EST] InvestorsLive and then perk thru 133
[Nov 21, 2010 8:41:56 PM EST] InvestorsLive so next topic
[Nov 21, 2010 8:42:01 PM EST] InvestorsLive Shorting over extensions
[Nov 21, 2010 8:42:07 PM EST] InvestorsLive one that has been a majority of my $$ making this year
[Nov 21, 2010 8:42:10 PM EST] InvestorsLive even tho the market going up
[Nov 21, 2010 8:42:20 PM EST] InvestorsLive u know me… I just cant long crap and hold onto it
[Nov 21, 2010 8:42:26 PM EST] InvestorsLive that’s what Muddy is good at .. leave that to him
[Nov 21, 2010 8:42:37 PM EST] InvestorsLive the biggest thing here is
[Nov 21, 2010 8:42:41 PM EST] InvestorsLive it’s gotta speed up….
[Nov 21, 2010 8:42:49 PM EST] InvestorsLive 9 outta 10 times it’ll work in ur favor
[Nov 21, 2010 8:42:57 PM EST] InvestorsLive in fact in the past 6 months
[Nov 21, 2010 8:43:05 PM EST] InvestorsLive only time I got bagged on it was MOTR
[Nov 21, 2010 8:43:12 PM EST] InvestorsLive which… was actually my fault
[Nov 21, 2010 8:43:22 PM EST] InvestorsLive considering I was up large.. didn’t take it .. let it come BACK red to green
[Nov 21, 2010 8:43:28 PM EST] InvestorsLive then added into a pop
[Nov 21, 2010 8:43:31 PM EST] Laura hold MOTR and it’ll be at 10 in a few months
[Nov 21, 2010 8:43:33 PM EST] InvestorsLive and then it poped like 2 more bucks
[Nov 21, 2010 8:43:41 PM EST] InvestorsLive haha welL i dont have it anymore but this isn’t recent
[Nov 21, 2010 8:43:44 PM EST] InvestorsLive like a month ago
[Nov 21, 2010 8:43:51 PM EST] InvestorsLive 11-13th
[Nov 21, 2010 8:43:55 PM EST] InvestorsLive of Oct
[Nov 21, 2010 8:44:02 PM EST] Rhugh the day it ripped like 4 bucks
[Nov 21, 2010 8:44:10 PM EST] InvestorsLive I’m sure some of u rmeember that day… %%%%% popped like $3 bucks in a second after rebounding like $2
[Nov 21, 2010 8:44:11 PM EST] InvestorsLive yes
[Nov 21, 2010 8:44:16 PM EST] InvestorsLive so point is here…
[Nov 21, 2010 8:44:30 PM EST] InvestorsLive i can tell you exactly every time its gone against me
[Nov 21, 2010 8:44:34 PM EST] InvestorsLive “badly”
[Nov 21, 2010 8:44:39 PM EST] InvestorsLive not that often
[Nov 21, 2010 8:44:52 PM EST] InvestorsLive so the thing here is … letting is speed up
[Nov 21, 2010 8:44:59 PM EST] InvestorsLive look for a chart that’s over extended
[Nov 21, 2010 8:45:05 PM EST] InvestorsLive been up multi days ..
[Nov 21, 2010 8:45:09 PM EST] InvestorsLive been on scan multi days
[Nov 21, 2010 8:45:31 PM EST] InvestorsLive its been up like $.50-.75++ each day prior 3 days
[Nov 21, 2010 8:45:38 PM EST] InvestorsLive breaking out.. next day gaps up .50 … and rips $1
[Nov 21, 2010 8:45:49 PM EST] InvestorsLive all of that move within 3-5 or 10 minutes
[Nov 21, 2010 8:45:52 PM EST] InvestorsLive I’m shorting that parabolic
[Nov 21, 2010 8:46:07 PM EST] InvestorsLive it USUALLY follows a strong close
[Nov 21, 2010 8:46:12 PM EST] InvestorsLive USUALLY off a strong gap
[Nov 21, 2010 8:46:19 PM EST] InvestorsLive USUALLY off a morning move on LOW volume
[Nov 21, 2010 8:46:22 PM EST] InvestorsLive to the upside
[Nov 21, 2010 8:46:25 PM EST] WB151 I take it you wouldn’t try that with IFLG as it was back in May….that was insane
[Nov 21, 2010 8:46:37 PM EST] InvestorsLive and price action which is ABNORMAL prior to other days
[Nov 21, 2010 8:46:50 PM EST] InvestorsLive IFLG fortunately even tho it does all of that….
[Nov 21, 2010 8:46:53 PM EST] InvestorsLive sucks shorts in all day
[Nov 21, 2010 8:47:01 PM EST] InvestorsLive and .. yea we know better but
[Nov 21, 2010 8:47:06 PM EST] InvestorsLive IFLG you wouldn’t get caught in the morning move
[Nov 21, 2010 8:47:11 PM EST] InvestorsLive usually it had an AM move… pops outta gate and rips
[Nov 21, 2010 8:47:14 PM EST] InvestorsLive and pulls back for 2 hrs
[Nov 21, 2010 8:47:19 PM EST] InvestorsLive and then slowly gears back
[Nov 21, 2010 8:47:46 PM EST] InvestorsLive and rips miday etc … so .. no .. IFLG great question but … it trades differentl
[Nov 21, 2010 8:47:57 PM EST] InvestorsLive understand so far what I look for
[Nov 21, 2010 8:48:10 PM EST] dwarfjesus like LORN?
[Nov 21, 2010 8:48:23 PM EST] spazztrader yes IL
[Nov 21, 2010 8:48:24 PM EST] InvestorsLive LORN?
[Nov 21, 2010 8:48:30 PM EST] marketmaker1177 LORL u mean?
[Nov 21, 2010 8:48:38 PM EST] dwarfjesus yea sry
[Nov 21, 2010 8:48:54 PM EST] InvestorsLive nah LORL was mid day move Friday on buyout rumor of a company they own 62% of or something
[Nov 21, 2010 8:49:13 PM EST] InvestorsLive like I said this is normally a morning trade
[Nov 21, 2010 8:49:16 PM EST] InvestorsLive following a strong trend
[Nov 21, 2010 8:49:18 PM EST] InvestorsLive when it accelerates
[Nov 21, 2010 8:49:31 PM EST] InvestorsLive LORL yes sure u can apply similiar but no .. that’s not one of my ‘fav’ type of plays
[Nov 21, 2010 8:49:40 PM EST] InvestorsLive so… slide 16/22
[Nov 21, 2010 8:49:41 PM EST] InvestorsLive IDT
[Nov 21, 2010 8:49:53 PM EST] InvestorsLive we traded this the first 2 times short off those .. I don’t believe we did on the last
[Nov 21, 2010 8:50:17 PM EST] InvestorsLive slide 17
[Nov 21, 2010 8:50:21 PM EST] InvestorsLive HOOK
[Nov 21, 2010 8:50:30 PM EST] InvestorsLive we were stalking that on scan for nearly a week
[Nov 21, 2010 8:50:44 PM EST] InvestorsLive finally started to speed up …
[Nov 21, 2010 8:50:55 PM EST] InvestorsLive but this time .. there WASN’T a gap up
[Nov 21, 2010 8:50:59 PM EST] InvestorsLive but rather first sign of weakness
[Nov 21, 2010 8:51:07 PM EST] InvestorsLive (which is why I stalk all the high movers)
[Nov 21, 2010 8:51:29 PM EST] InvestorsLive gap up and parabolic… or any green/red move .. or red and red/green fail for the fade
[Nov 21, 2010 8:51:42 PM EST] InvestorsLive BORN another trade u guys all should be familiar with
[Nov 21, 2010 8:51:43 PM EST] InvestorsLive slide 18
[Nov 21, 2010 8:52:40 PM EST] InvestorsLive another way …
[Nov 21, 2010 8:52:47 PM EST] InvestorsLive say u miss all the big gap run and all that jazz
[Nov 21, 2010 8:52:49 PM EST] InvestorsLive slide 19 outta 22
[Nov 21, 2010 8:52:52 PM EST] InvestorsLive BORN
[Nov 21, 2010 8:52:57 PM EST] InvestorsLive does its AM thing…
[Nov 21, 2010 8:53:01 PM EST] InvestorsLive ur watching it… goes red
[Nov 21, 2010 8:53:07 PM EST] InvestorsLive The green line on slide 19 is the prior close
[Nov 21, 2010 8:53:15 PM EST] InvestorsLive so it dipped red … held .. ripped back green
[Nov 21, 2010 8:53:24 PM EST] InvestorsLive started to fade green to red again
[Nov 21, 2010 8:53:38 PM EST] InvestorsLive (u can press maximize so u can see the chat) on left of AS bottom right
[Nov 21, 2010 8:53:53 PM EST] InvestorsLive so took short on the fade towards green/red .. it failed at a WHOLE number…
[Nov 21, 2010 8:53:57 PM EST] InvestorsLive risk was if it broke that whole #
[Nov 21, 2010 8:54:02 PM EST] InvestorsLive ba da bing… tank
[Nov 21, 2010 8:54:19 PM EST] InvestorsLive questions on those slides so far?
[Nov 21, 2010 8:54:31 PM EST] dwarfjesus whole being 19.5
[Nov 21, 2010 8:54:40 PM EST] InvestorsLive $20
[Nov 21, 2010 8:54:54 PM EST] InvestorsLive it failed at $20 break
[Nov 21, 2010 8:55:01 PM EST] InvestorsLive then started heading green to red
[Nov 21, 2010 8:55:09 PM EST] spazztrader IL new today will you go over red/green again in the near future?
[Nov 21, 2010 8:55:10 PM EST] dwarfjesus oh got it
[Nov 21, 2010 8:55:37 PM EST] InvestorsLive I just did earlier – we will have chat logs if u missed
[Nov 21, 2010 8:55:40 PM EST] InvestorsLive re: spazz
[Nov 21, 2010 8:55:50 PM EST] WB151 so you’d watch for those retests of $20 10-10:15ish & take small initial entry, add heavy once broke below yest close?
[Nov 21, 2010 8:55:51 PM EST] spazztrader oh ok will go over those tonight
[Nov 21, 2010 8:55:52 PM EST] spazztrader thx
[Nov 21, 2010 8:55:58 PM EST] WB151 *on short side
[Nov 21, 2010 8:56:38 PM EST] spazztrader so that green line is the prior days close line?
[Nov 21, 2010 8:56:51 PM EST] InvestorsLive u could take partial into the $20 test WB151 — but this one was a lot easier
[Nov 21, 2010 8:57:01 PM EST] InvestorsLive it bounced back thru … and went to like 20 even
[Nov 21, 2010 8:57:04 PM EST] InvestorsLive tried again
[Nov 21, 2010 8:57:06 PM EST] InvestorsLive failed…
[Nov 21, 2010 8:57:10 PM EST] InvestorsLive then started fading towards red
[Nov 21, 2010 8:57:20 PM EST] InvestorsLive I wish all plays did that
[Nov 21, 2010 8:57:50 PM EST] spazztrader nice
[Nov 21, 2010 8:57:56 PM EST] InvestorsLive spazz actually good question cuz
[Nov 21, 2010 8:58:00 PM EST] InvestorsLive lotta peeps mess that up
[Nov 21, 2010 8:58:08 PM EST] InvestorsLive green/red …. red/green isn’t where it oepned at
[Nov 21, 2010 8:58:11 PM EST] InvestorsLive its prior close
[Nov 21, 2010 8:58:23 PM EST] InvestorsLive BORN closed Friday 12.31
[Nov 21, 2010 8:58:28 PM EST] InvestorsLive if it opens at $13 tomorrow
[Nov 21, 2010 8:58:33 PM EST] InvestorsLive and goes $13.10 to 12.90
[Nov 21, 2010 8:58:37 PM EST] InvestorsLive that’s not green to red
[Nov 21, 2010 8:58:44 PM EST] InvestorsLive if it was 12.40 to 12.20
[Nov 21, 2010 8:58:46 PM EST] InvestorsLive that’sg reen to red
[Nov 21, 2010 8:58:53 PM EST] spazztrader ahh ok
[Nov 21, 2010 8:59:21 PM EST] InvestorsLive so last but not least
[Nov 21, 2010 8:59:26 PM EST] InvestorsLive same sh*t I always tell you guys
[Nov 21, 2010 8:59:32 PM EST] InvestorsLive Pumps
[Nov 21, 2010 8:59:34 PM EST] InvestorsLive not for everyone
[Nov 21, 2010 8:59:44 PM EST] InvestorsLive not for the new guys unless u can trade the stock without getting attached
[Nov 21, 2010 8:59:50 PM EST] InvestorsLive and without reading the PRs
[Nov 21, 2010 8:59:58 PM EST] InvestorsLive and don’t sit in chat and tell me how they have the NEXT iPHONE app
[Nov 21, 2010 9:00:02 PM EST] InvestorsLive that is going to take over the world
[Nov 21, 2010 9:00:05 PM EST] InvestorsLive and get bought out by MSFT etc
[Nov 21, 2010 9:00:15 PM EST] InvestorsLive when its down 40% on 100 million volume and fading
[Nov 21, 2010 9:00:22 PM EST] InvestorsLive cuz I will tell you .. you are crazy
[Nov 21, 2010 9:00:30 PM EST] InvestorsLive but anyway..
[Nov 21, 2010 9:00:37 PM EST] InvestorsLive Google…
[Nov 21, 2010 9:00:43 PM EST] InvestorsLive pay attention to waht they do… watch their last
[Nov 21, 2010 9:00:45 PM EST] InvestorsLive are they coming off a hot one?
[Nov 21, 2010 9:00:53 PM EST] InvestorsLive whose paying… how much
[Nov 21, 2010 9:01:03 PM EST] InvestorsLive does this 3rd party usually liquidate? or give it a chance to run af ew days?
[Nov 21, 2010 9:01:27 PM EST] InvestorsLive slide 21 … just shows a disclaimer read …
[Nov 21, 2010 9:01:36 PM EST] InvestorsLive and then the last slide 22 … make ur inbox work for u
[Nov 21, 2010 9:01:39 PM EST] InvestorsLive gmail is awesome
[Nov 21, 2010 9:01:46 PM EST] InvestorsLive u can put a ticker in .. see who did it in past…
[Nov 21, 2010 9:02:00 PM EST] InvestorsLive JUST because their last was good doesnt mean this one will be good
[Nov 21, 2010 9:02:02 PM EST] InvestorsLive look at SHMS
[Nov 21, 2010 9:02:04 PM EST] InvestorsLive look at MRGP
[Nov 21, 2010 9:02:10 PM EST] swierzycki Any idea what happened with MRPG? Paid big money and didn’t do much.
[Nov 21, 2010 9:02:11 PM EST] spazztrader wow nice
[Nov 21, 2010 9:02:38 PM EST] InvestorsLive sure swierz – they paid big money and sold big money
[Nov 21, 2010 9:02:50 PM EST] InvestorsLive they got their money they happened.. next
[Nov 21, 2010 9:02:51 PM EST] InvestorsLive etc
[Nov 21, 2010 9:02:58 PM EST] InvestorsLive now they are on to the next HEME
[Nov 21, 2010 9:03:01 PM EST] InvestorsLive which I prob will watch
[Nov 21, 2010 9:03:04 PM EST] InvestorsLive or short
[Nov 21, 2010 9:03:16 PM EST] InvestorsLive any other questions guys?
[Nov 21, 2010 9:03:37 PM EST] dwarfjesus wow 39K
[Nov 21, 2010 9:03:41 PM EST] WB151 think you could elaborate on your note about Market Makers on slide 20 in a future presentation?
[Nov 21, 2010 9:03:43 PM EST] spazztrader awesome presentation il
[Nov 21, 2010 9:04:01 PM EST] dwarfjesus best seminar yet
[Nov 21, 2010 9:04:10 PM EST] knorr When you say watch for whole # break i.e. stock is around 2.48-2.50 area, do you buy when it hits 2.50?2.49? or do you wait til it goes to 2.51?
[Nov 21, 2010 9:04:15 PM EST] WB151 yes, on-point & lots good info
[Nov 21, 2010 9:04:21 PM EST] InvestorsLive market makers for example… the normal guys we see in the box
[Nov 21, 2010 9:04:24 PM EST] InvestorsLive on certain promos
[Nov 21, 2010 9:04:28 PM EST] InvestorsLive like WDCO .. NOBL …
[Nov 21, 2010 9:04:28 PM EST] dwarfjesus all seminars now w/ powerpoint
[Nov 21, 2010 9:04:30 PM EST] InvestorsLive SEAB before he went out
[Nov 21, 2010 9:04:30 PM EST] InvestorsLive etc
[Nov 21, 2010 9:04:47 PM EST] InvestorsLive WB151 – did u catch more the 2nd time around?
[Nov 21, 2010 9:05:02 PM EST] InvestorsLive I know u saw live right? (if I rememberd ur name right in chat)
[Nov 21, 2010 9:05:17 PM EST] WB151 didn’t catch it
[Nov 21, 2010 9:05:32 PM EST] InvestorsLive well who the F was the other dude in Vegas
[Nov 21, 2010 9:05:39 PM EST] InvestorsLive thought it mighta been u … was some1 with W
[Nov 21, 2010 9:05:43 PM EST] InvestorsLive haha
[Nov 21, 2010 9:05:56 PM EST] Will_The_Kid <–not it
[Nov 21, 2010 9:06:03 PM EST] InvestorsLive (Nov 21-21:04) knorr: When you say watch for whole # break i.e. stock is around 2.48-2.50 area, do you buy when it hits 2.50?2.49? or do you wait til it goes to 2.51?
[Nov 21, 2010 9:06:11 PM EST] InvestorsLive doesn’t really matter
[Nov 21, 2010 9:06:17 PM EST] InvestorsLive i mean .. 1 cent 2 cents
[Nov 21, 2010 9:06:20 PM EST] InvestorsLive its about the set ups
[Nov 21, 2010 9:06:21 PM EST] InvestorsLive i showed
[Nov 21, 2010 9:06:30 PM EST] InvestorsLive 1 or 2 cents isn’t gonna kill u .. that’s more important
[Nov 21, 2010 9:06:39 PM EST] InvestorsLive like I said … we don’t just buy a random whole # break
[Nov 21, 2010 9:06:57 PM EST] knorr okay thx
[Nov 21, 2010 9:07:22 PM EST] InvestorsLive helpful?
[Nov 21, 2010 9:07:25 PM EST] InvestorsLive guys like the visual stuff
[Nov 21, 2010 9:07:34 PM EST] Rhugh big help
[Nov 21, 2010 9:07:42 PM EST] knorr awesome
[Nov 21, 2010 9:07:43 PM EST] spazztrader yes very nice
[Nov 21, 2010 9:07:53 PM EST] spazztrader can grasp it better imo
[Nov 21, 2010 9:08:04 PM EST] Professor Other insights from Tim’s thing.
[Nov 21, 2010 9:08:07 PM EST] Professor ??
[Nov 21, 2010 9:08:14 PM EST] AlexL yes, very helpful. Thanks
[Nov 21, 2010 9:08:20 PM EST] Banta2000 awesome stuff
[Nov 21, 2010 9:08:31 PM EST] InvestorsLive what Professor?
[Nov 21, 2010 9:08:58 PM EST] Professor You presented in LV. What did you pick up, if anything.
[Nov 21, 2010 9:09:36 PM EST] InvestorsLive I just showed most of (besides background and all that crap) of what I presented in Vegas
[Nov 21, 2010 9:09:46 PM EST] InvestorsLive the rest of the peeps? u can read the reviews and stuff on investimonials but
[Nov 21, 2010 9:09:46 PM EST] Professor Exactly.
[Nov 21, 2010 9:09:49 PM EST] InvestorsLive Tim will have a DVD for all that
[Nov 21, 2010 9:09:55 PM EST] Professor ok
[Nov 21, 2010 9:10:09 PM EST] chillax tim has dvd’s?
[Nov 21, 2010 9:10:20 PM EST] Rhugh lol
[Nov 21, 2010 9:10:33 PM EST] AlexL lol
[Nov 21, 2010 9:10:40 PM EST] marketmaker1177 lol
[Nov 21, 2010 9:11:03 PM EST] Laura DVDs ::ohmy
[Nov 21, 2010 9:11:05 PM EST] InvestorsLive any other questions guys?
[Nov 21, 2010 9:11:18 PM EST] spazztrader nice job IL
[Nov 21, 2010 9:11:18 PM EST] InvestorsLive lemme know any feedback to via email and what not
[Nov 21, 2010 9:11:25 PM EST] spazztrader ok
[Nov 21, 2010 9:11:34 PM EST] chillax thx laterz
[Nov 21, 2010 9:11:49 PM EST] knorr seminar next sunday too right?
[Nov 21, 2010 9:12:03 PM EST] InvestorsLive yup back to back
[Nov 21, 2010 9:12:06 PM EST] InvestorsLive cuz Vegas
[Nov 21, 2010 9:12:18 PM EST] knorr nice…thx again
[Nov 21, 2010 9:13:00 PM EST] WB151 Nate my bad man. I was letting my brother watch the chat
[Nov 21, 2010 9:13:17 PM EST] InvestorsLive oh haha
[Nov 21, 2010 9:13:21 PM EST] InvestorsLive thought so!
[Nov 21, 2010 9:13:40 PM EST] WB151 yea he told me you were saying who the F was the other guy haha
[Nov 21, 2010 9:13:48 PM EST] InvestorsLive haha
[Nov 21, 2010 9:13:59 PM EST] spazztrader is that it for the seminar IL?
[Nov 21, 2010 9:14:13 PM EST] InvestorsLive that was 22 of 22 slides
[Nov 21, 2010 9:14:19 PM EST] InvestorsLive unless there’s extra credits somewhere
[Nov 21, 2010 9:14:24 PM EST] spazztrader lol ok
[Nov 21, 2010 9:15:28 PM EST] WB151 It was quick in Vegas, I liked it live but on the chat everything was went through slowly, I think helping dissect the patterns a little bit more. I was telling my bro after the first day about your presentation and he had all kinds of questions about certain things you look for and I told him he was over complicating things (engineer’s mindset) and to check this out for clarity
[Nov 21, 2010 9:15:59 PM EST] InvestorsLive for sure
[Nov 21, 2010 9:16:03 PM EST] InvestorsLive a lot to take in
[Nov 21, 2010 9:16:04 PM EST] InvestorsLive that day
[Nov 21, 2010 9:16:10 PM EST] InvestorsLive from all angles
[Nov 21, 2010 9:16:16 PM EST] WB151 haha
[Nov 21, 2010 9:16:39 PM EST] bmon just gotta keep it simple thats what i learned from my MCD degree
[Nov 21, 2010 9:16:48 PM EST] InvestorsLive 🙂
[Nov 21, 2010 9:16:57 PM EST] traderdeaner i was on webinar. i
[Nov 21, 2010 9:16:58 PM EST] Derffie MCD good training for a flipper
[Nov 21, 2010 9:17:01 PM EST] InvestorsLive you’ll see all these different TYPES in chat even
[Nov 21, 2010 9:17:08 PM EST] InvestorsLive but then you’ll even see how people mold
[Nov 21, 2010 9:17:11 PM EST] bmon lol derf yes
[Nov 21, 2010 9:17:12 PM EST] InvestorsLive to different strats
[Nov 21, 2010 9:17:28 PM EST] InvestorsLive and soon you’ll ignore me and only watch lets say bmon.. cuz that’s what ur good at
[Nov 21, 2010 9:17:32 PM EST] InvestorsLive or find out ur only good at bounces
[Nov 21, 2010 9:17:34 PM EST] InvestorsLive so watch Derf
[Nov 21, 2010 9:17:41 PM EST] InvestorsLive or only good at nasdaq scalps … so watch Brick
[Nov 21, 2010 9:17:41 PM EST] InvestorsLive etc
[Nov 21, 2010 9:18:08 PM EST] InvestorsLive sooner or later you’ll mold to some1 in chat.. which is why I am bolding a few others in chat … who are winners with diff strats
[Nov 21, 2010 9:18:16 PM EST] InvestorsLive matthias too – otc day rangers
[Nov 21, 2010 9:19:17 PM EST] WB151 experience and strict rule following is the only way I know I will get better
[Nov 21, 2010 9:21:04 PM EST] spazztrader have a good night all
[Nov 21, 2010 9:22:59 PM EST] InvestorsLive BearNine …
[Nov 21, 2010 9:23:05 PM EST] InvestorsLive …..
[Nov 21, 2010 9:23:11 PM EST] InvestorsLive about time u say…
[Nov 21, 2010 9:24:03 PM EST] InvestorsLive ok fine Bear ur sleeping
[Nov 21, 2010 9:24:07 PM EST] InvestorsLive SCANSSSSSS
[Nov 21, 2010 9:24:08 PM EST] InvestorsLive http://www.investorsunderground.com/2010/11/21/scans-for-112210-from-InvestorsLive/
[Nov 21, 2010 9:24:26 PM EST] vadimg thank you Nate for all the time you take to educate us
[Nov 21, 2010 9:25:27 PM EST] InvestorsLive 🙂
[Nov 21, 2010 9:25:36 PM EST] InvestorsLive have a good night guys I’ll post chat logs in a sec
[Nov 21, 2010 9:25:58 PM EST] WB151 Thanks Nate
[Nov 21, 2010 9:26:12 PM EST] liquid cheers
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