[Sun Mar 01 17:01:11 EST 2009] InvestorsLive Good Evening all!
[Sun Mar 01 17:01:21 EST 2009] InvestorsLive Same as usual, we’ll save questions for once we open it up
[Sun Mar 01 17:01:28 EST 2009] InvestorsLive if you have particular questions plesae feel free to PM
[Sun Mar 01 17:01:38 EST 2009] InvestorsLive after I go over a few things
[Sun Mar 01 17:01:49 EST 2009] InvestorsLive many of the topics/questions I received were in regards to chat patterns
[Sun Mar 01 17:01:52 EST 2009] InvestorsLive and what I see setting up
[Sun Mar 01 17:01:59 EST 2009] InvestorsLive and why I make the decisions I make etc etc.
[Sun Mar 01 17:02:20 EST 2009] InvestorsLive so I did 2 recaps last week I’m sure you guys saw if not I will link them in a bit
[Sun Mar 01 17:02:31 EST 2009] InvestorsLive I figured I’d start off with a bullish pattern that I look for quite often
[Sun Mar 01 17:02:38 EST 2009] InvestorsLive sometimes in chat I’ll say “its on the launch pad”
[Sun Mar 01 17:02:48 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/1.PNG
[Sun Mar 01 17:03:09 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/1b.png
[Sun Mar 01 17:03:19 EST 2009] InvestorsLive one is on DAS Trader one is on Think or Swim
[Sun Mar 01 17:03:41 EST 2009] InvestorsLive I don’t normally draw lines but I did for the seminar so you can see what I am seeing/thinking during the day
[Sun Mar 01 17:03:47 EST 2009] InvestorsLive most of this stuff I see forming is in my head
[Sun Mar 01 17:03:50 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/1a.png
[Sun Mar 01 17:04:22 EST 2009] InvestorsLive A simple line drawn like that, where its a bullish move, comes back a little – holds all gains – consolidates and is ready to take another move higher, sometimes its the HOD sometimes its just intra-day
[Sun Mar 01 17:04:35 EST 2009] InvestorsLive in this case it ripped, consolidated and was ready to retest the HOD
[Sun Mar 01 17:05:00 EST 2009] InvestorsLive if I go long – which I did there my stop would be under the consolidation area
[Sun Mar 01 17:05:25 EST 2009] InvestorsLive This is it further long: http://InvestorsLive.com/seminar/2.png
[Sun Mar 01 17:05:41 EST 2009] InvestorsLive After breaking to a new high of day, went up another $1.00 from entry
[Sun Mar 01 17:05:50 EST 2009] InvestorsLive I think HOD that day was $29.60
[Sun Mar 01 17:06:10 EST 2009] InvestorsLive [Thu Feb 26_10:18:56 EST 2009] InvestorsLive STT on the launch pad if it takes out HOD
[Sun Mar 01 17:06:19 EST 2009] InvestorsLive so if I say something like that – this is what I see forming
[Sun Mar 01 17:06:27 EST 2009] InvestorsLive and i am LONG biased
[Sun Mar 01 17:06:59 EST 2009] InvestorsLive then
[Sun Mar 01 17:07:07 EST 2009] InvestorsLive I exited it and said:
[Sun Mar 01 17:07:16 EST 2009] InvestorsLive [Thu Feb 26_11:03:26 EST 2009] InvestorsLive stalking STT for the SS here 29.40
[Sun Mar 01 17:07:26 EST 2009] InvestorsLive for those who don’t know .. assuming most know by now
[Sun Mar 01 17:07:32 EST 2009] InvestorsLive ss = shorthand for short sell
[Sun Mar 01 17:07:46 EST 2009] InvestorsLive so if I am stalking for it I am SHORT biased
[Sun Mar 01 17:07:51 EST 2009] InvestorsLive [Thu Feb 26_11:03:55 EST 2009] InvestorsLive grabbed some small entry for now, anticipating big swing
[Sun Mar 01 17:08:04 EST 2009] InvestorsLive You can see the chart here: http://InvestorsLive.com/seminar/3.png
[Sun Mar 01 17:08:48 EST 2009] InvestorsLive Now, I said I was playing smaller and anticipating a larger swing
[Sun Mar 01 17:08:51 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/1c.png
[Sun Mar 01 17:08:54 EST 2009] InvestorsLive You can see how much it fell
[Sun Mar 01 17:09:15 EST 2009] InvestorsLive the reason I played smaller and was anticipating it was the scans I do at night
[Sun Mar 01 17:09:25 EST 2009] InvestorsLive like Muddy, Laura and everyone drill home each and every time
[Sun Mar 01 17:09:34 EST 2009] InvestorsLive half the battle is being familiar with what they look like ahead of time
[Sun Mar 01 17:09:55 EST 2009] InvestorsLive The stock had bounced from $21 to nearly $30 in 3 days
[Sun Mar 01 17:10:05 EST 2009] InvestorsLive so I was comfortable with the ss side, anticipating a larger swing
[Sun Mar 01 17:10:07 EST 2009] InvestorsLive ALSO
[Sun Mar 01 17:10:29 EST 2009] InvestorsLive I was monitoring other financials such as BAC FAS etc which started slowing down their momentum towards the upside
[Sun Mar 01 17:10:53 EST 2009] InvestorsLive Usually in chat I say I am watching whatever the big news mover is for the day
[Sun Mar 01 17:10:59 EST 2009] InvestorsLive the popular bank for the day whatever it may be
[Sun Mar 01 17:11:04 EST 2009] InvestorsLive here are 3 charts side by side
[Sun Mar 01 17:11:07 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/banks1.PNG
[Sun Mar 01 17:12:03 EST 2009] InvestorsLive and further sell off here: http://InvestorsLive.com/seminar/banks2.PNG
[Sun Mar 01 17:12:37 EST 2009] InvestorsLive I didnt prepare it but around_14:30 I said I felt banks were weakneing and watch for the fade
[Sun Mar 01 17:12:51 EST 2009] InvestorsLive the reason i saw that is – looking at the top chart
[Sun Mar 01 17:12:54 EST 2009] InvestorsLive see I drew a trend line
[Sun Mar 01 17:13:31 EST 2009] InvestorsLive even without the trend line you can see still see it starting at_13:50 AM when the momentum slowed and lower lows starting coming in
[Sun Mar 01 17:13:53 EST 2009] InvestorsLive its not always 100% sometimes there are brief traps/squeezes/sell offs which throw it all off
[Sun Mar 01 17:14:14 EST 2009] InvestorsLive which is why you see stop losses or be ok with taking losses mentally
[Sun Mar 01 17:14:31 EST 2009] InvestorsLive and if you go back to chat logs during the day
[Sun Mar 01 17:14:45 EST 2009] InvestorsLive on STT you’ll see I mention looking for more of a ‘washout’
[Sun Mar 01 17:14:59 EST 2009] InvestorsLive which I can forwardly predict based on FAS and other’s actions
[Sun Mar 01 17:15:13 EST 2009] InvestorsLive btw guys if you have questions feel free to post them
[Sun Mar 01 17:15:25 EST 2009] InvestorsLive I am going to go over CECO next with another example
[Sun Mar 01 17:15:48 EST 2009] InvestorsLive “in chat the phrase filling the gap is mentioned. What does it mean, and what does it look like when the gap gets filled?”
[Sun Mar 01 17:16:26 EST 2009] InvestorsLive randy uses this more than me in chat you’ll see him typing it
[Sun Mar 01 17:16:27 EST 2009] InvestorsLive http://tinyurl.com/d85d8j
[Sun Mar 01 17:16:36 EST 2009] InvestorsLive mostly in regards to FAZ
[Sun Mar 01 17:16:42 EST 2009] InvestorsLive its purely TA based
[Sun Mar 01 17:17:08 EST 2009] InvestorsLive if you see Thursday’s candle “filled the gap”
[Sun Mar 01 17:17:23 EST 2009] InvestorsLive from $50 to $55 gap which looks to be around the 12-14th on Feb
[Sun Mar 01 17:17:44 EST 2009] InvestorsLive that’s what the term means, and many technical analysis players live by those kind of plays
[Sun Mar 01 17:18:07 EST 2009] InvestorsLive the opposite would be bac in late Jan you see it gap down from $60 to $48
[Sun Mar 01 17:18:32 EST 2009] InvestorsLive and the 3rd or 4th trading day in Feb it “filled the gap”
[Sun Mar 01 17:18:35 EST 2009] InvestorsLive back to $60
[Sun Mar 01 17:18:45 EST 2009] InvestorsLive does that answer ur questions godzilla?
[Sun Mar 01 17:19:21 EST 2009] godzilla99 so is it a retracement of that gap?
[Sun Mar 01 17:19:39 EST 2009] InvestorsLive yes retraces back
[Sun Mar 01 17:19:44 EST 2009] InvestorsLive either on a long side or short side
[Sun Mar 01 17:19:52 EST 2009] InvestorsLive I showed both examples in that one chart
[Sun Mar 01 17:20:04 EST 2009] InvestorsLive it doesn’t always happen tho..
[Sun Mar 01 17:20:22 EST 2009] InvestorsLive probably more cases than not.. it DOESNT but still a good tool for intra-day trades when ‘trying’ to find the bottom
[Sun Mar 01 17:20:46 EST 2009] godzilla99 so what is the play in that ie where is the profit potential?
[Sun Mar 01 17:21:01 EST 2009] InvestorsLive its a potential area of support/resistance
[Sun Mar 01 17:21:05 EST 2009] InvestorsLive its an added ‘tool’
[Sun Mar 01 17:21:11 EST 2009] godzilla99 ok
[Sun Mar 01 17:21:12 EST 2009] InvestorsLive any other questions so far guys? on what I’ve covered?
[Sun Mar 01 17:21:23 EST 2009] InvestorsLive u can post in here
[Sun Mar 01 17:21:25 EST 2009] InvestorsLive otherwise I will continue
[Sun Mar 01 17:21:46 EST 2009] InvestorsLive going back to STT
[Sun Mar 01 17:21:47 EST 2009] InvestorsLive [Thu Feb 26_12:21:31 EST 2009] InvestorsLive STT another washout potential here
[Sun Mar 01 17:21:53 EST 2009] InvestorsLive example of what I meant
[Sun Mar 01 17:22:03 EST 2009] InvestorsLive I was judging bsaed on FAS and SPY and other’s that I watch
[Sun Mar 01 17:22:39 EST 2009] InvestorsLive Chase if u have one… PM me
[Sun Mar 01 17:22:41 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/ceco.png
[Sun Mar 01 17:22:54 EST 2009] InvestorsLive so there on CECO
[Sun Mar 01 17:23:11 EST 2009] InvestorsLive [Thu Feb 26_09:39:31 EST 2009] InvestorsLive CECO LODs as well [Thu Feb 26_09:39:35 EST 2009] InvestorsLive this one has been up a LOT [Thu Feb 26_09:42:40 EST 2009] InvestorsLive CECO more LODs, playing this ss smaller see if I can hold it longer.. [Thu Feb 26_09:47:06 EST 2009] InvestorsLive CECO short working well, nLODs
[Sun Mar 01 17:23:37 EST 2009] InvestorsLive again – CECO was on the “radar” because it was on the “pre list”
[Sun Mar 01 17:23:49 EST 2009] InvestorsLive I probably wouldn’t have been watching it if it wasn’t for the Pre list
[Sun Mar 01 17:24:09 EST 2009] Chase IL : has frequency of filling gaps decreased or increased in the recent months compared to earlier low volatile periods?
[Sun Mar 01 17:24:11 EST 2009] InvestorsLive but it was up to start the day – and remembered (from scanning before) that on any weakness
[Sun Mar 01 17:24:16 EST 2009] InvestorsLive it’ll probably be a good short
[Sun Mar 01 17:24:52 EST 2009] InvestorsLive so any time I know of others in the sector
[Sun Mar 01 17:24:54 EST 2009] InvestorsLive I will pull them up
[Sun Mar 01 17:25:21 EST 2009] InvestorsLive you’ll commonly see Muddy and I go back and forth
[Sun Mar 01 17:25:26 EST 2009] InvestorsLive and list off the Edu’s when we see one is in play
[Sun Mar 01 17:25:40 EST 2009] InvestorsLive for example Thurs i think
[Sun Mar 01 17:25:54 EST 2009] InvestorsLive CECO was on the radar b/c of the gap up
[Sun Mar 01 17:25:58 EST 2009] InvestorsLive APOL started tanking out of the open
[Sun Mar 01 17:26:17 EST 2009] InvestorsLive COCO as well, and looking for other plays I asked him the other Edu stock that started with an “L”
[Sun Mar 01 17:26:41 EST 2009] InvestorsLive (I already forget it now ha)
[Sun Mar 01 17:27:02 EST 2009] InvestorsLive but thats why we do it – then be able to view all the sector stocks and have an ‘edge’
[Sun Mar 01 17:27:20 EST 2009] InvestorsLive so u can see APOL in that chart I gave: http://InvestorsLive.com/seminar/ceco.png
[Sun Mar 01 17:27:49 EST 2009] InvestorsLive [Thu Feb 26_11:04:22 EST 2009] InvestorsLive CECO glued to LODs [Thu Feb 26_11:06:07 EST 2009] InvestorsLive $24 test CECO [Thu Feb 26_11:07:12 EST 2009] InvestorsLive CECO washing out ! 🙂 [Thu Feb 26_11:34:53 EST 2009] InvestorsLive CECO LODs [Thu Feb 26_11:35:46 EST 2009] InvestorsLive CECO washing out some more! [Thu Feb 26_11:36:50 EST 2009] Muddy COCO lods with CECO
[Sun Mar 01 17:27:54 EST 2009] Laura LOPE
[Sun Mar 01 17:27:58 EST 2009] InvestorsLive yes:)
[Sun Mar 01 17:28:11 EST 2009] InvestorsLive and that one dropped $1.00 from mentioning it…
[Sun Mar 01 17:28:22 EST 2009] InvestorsLive the reason its good is the less popular ones will more than likely FOLLOW the bigger ones
[Sun Mar 01 17:28:25 EST 2009] InvestorsLive but most times lag
[Sun Mar 01 17:28:29 EST 2009] InvestorsLive and lag by a good margin
[Sun Mar 01 17:28:59 EST 2009] InvestorsLive so if you see all the EDU stocks dropping 10% and for example LOPE untouched, or barely selling off, there’s a low chance its going to run… you can take the short side alongside the others
[Sun Mar 01 17:29:09 EST 2009] InvestorsLive and get an easy drop out of it – potentially..
[Sun Mar 01 17:29:27 EST 2009] InvestorsLive make sense so far? seeing it visually?
[Sun Mar 01 17:29:29 EST 2009] InvestorsLive any questions?
[Sun Mar 01 17:29:41 EST 2009] InvestorsLive Chase lemme get urs
[Sun Mar 01 17:29:51 EST 2009] InvestorsLive (Mar 01-20:24) Chase: IL : has frequency of filling gaps decreased or increased in the recent months compared to earlier low volatile periods?
[Sun Mar 01 17:30:07 EST 2009] InvestorsLive Chase – good question for randy pre market or after hours tomorrow, i really don’t monitor them
[Sun Mar 01 17:30:13 EST 2009] InvestorsLive he lives by them at times
[Sun Mar 01 17:30:47 EST 2009] InvestorsLive its one thing I check for before jumping in/out of a stock just to see where potential S/R may be
[Sun Mar 01 17:31:39 EST 2009] InvestorsLive Alright – so PSYS besides the short side which I was able to get $2 or so on the downside….
[Sun Mar 01 17:31:50 EST 2009] InvestorsLive my patience isn’t as great as Muddy‘s – he got $6/share
[Sun Mar 01 17:32:06 EST 2009] InvestorsLive but towards the end of the day I went long on PSYS Thursday
[Sun Mar 01 17:32:09 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/psys-long.png
[Sun Mar 01 17:32:45 EST 2009] InvestorsLive Here is PSYS Thursday before close
[Sun Mar 01 17:32:59 EST 2009] InvestorsLive [Thu Feb 26_14:51:02 EST 2009] InvestorsLive $17.20 break/hold of PSYS might send it to 17.65-17.75 on breif squeeze nearing EOD [Thu Feb 26_14:51:36 EST 2009] Marvelmeister PSYS just got a defense btw. PSYS: Raymond James defending here…we believe the 8x P/E is overdone. Reits Strong [Thu Feb 26_15:06:55 EST 2009] InvestorsLive PSYS trying, 17.05 avg, 16.95 stop loss [Thu Feb 26_15:08:59 EST 2009] InvestorsLive PSYS $17.20s up [Thu Feb 26_15:45:10 EST 2009] InvestorsLive PSYS rip #2 [Thu Feb 26_15:46:46 EST 2009] alomar111 PSYS short o/n? [Thu Feb 26_15:47:11 EST 2009] InvestorsLive I’ve been playing long for these, but not holding anything over
[Sun Mar 01 17:33:15 EST 2009] InvestorsLive [Thu Feb 26_15:47:19 EST 2009] InvestorsLive if your avg is like Muddy’s and others sure thing [Thu Feb 26_15:47:27 EST 2009] InvestorsLive I’m just playing the cover’s EOD rally [Thu Feb 26_15:47:57 EST 2009] InvestorsLive want .65-.75+
[Sun Mar 01 17:33:21 EST 2009] InvestorsLive [Thu Feb 26_15:51:17 EST 2009] InvestorsLive 17.65 reached! $$ [Thu Feb 26_15:51:54 EST 2009] JCastellon .70$ [Thu Feb 26_15:51:54 EST 2009] JCastellon ! [Thu Feb 26_15:51:58 EST 2009] JCastellon .75! [Thu Feb 26_15:53:10 EST 2009] InvestorsLive that was perfect [Thu Feb 26_15:53:55 EST 2009] JCastellon wow GREAT call IL
[Sun Mar 01 17:33:34 EST 2009] InvestorsLive so with this up: http://InvestorsLive.com/seminar/psys-long.png
[Sun Mar 01 17:33:50 EST 2009] InvestorsLive keep in mind the stock was down about $10 or so that day
[Sun Mar 01 17:34:04 EST 2009] InvestorsLive so the free fall stoped, and it was coming into the last 40-60 minutes before close
[Sun Mar 01 17:34:21 EST 2009] InvestorsLive I wasn’t expecting any “squeezing” but there are a lot of people like me and you and Muddy who were short all day
[Sun Mar 01 17:34:27 EST 2009] InvestorsLive that wanted to lock in their profits
[Sun Mar 01 17:35:14 EST 2009] InvestorsLive so as you can see it sold off under $17, few times – btw that flat line is $17
[Sun Mar 01 17:35:19 EST 2009] InvestorsLive I cut off the prices
[Sun Mar 01 17:35:54 EST 2009] InvestorsLive so I look for the consolidation pattern – support coming in, and people starting to cover
[Sun Mar 01 17:36:21 EST 2009] InvestorsLive doesn’t always happen but normally a stock that hasn’t rebounded ALL day will give at least one solid bounce before further selling off
[Sun Mar 01 17:37:12 EST 2009] InvestorsLive any questions on that one?
[Sun Mar 01 17:37:19 EST 2009] InvestorsLive you see the retest of $17 support
[Sun Mar 01 17:37:22 EST 2009] InvestorsLive and the re-bounce off it
[Sun Mar 01 17:38:23 EST 2009] InvestorsLive so to this question that I received in email
[Sun Mar 01 17:38:27 EST 2009] InvestorsLive How and when to scalp? Nate – I see you calling stocks that are down huge and looking for a long. What is your strategy on these. I saw you do it with one this week where you called exactly where you would get out of the stock. You were looking for the short covering before the bell. If forget the ticker but it rose to exactly where you called it and then headed south after you were out.
[Sun Mar 01 17:38:44 EST 2009] InvestorsLive that was ur answer
[Sun Mar 01 17:39:03 EST 2009] InvestorsLive you need to be in scalp mode on stocks like that
[Sun Mar 01 17:39:15 EST 2009] InvestorsLive less volatile that have a slow and steady pattern you can ride out, Muddy is great at finding these
[Sun Mar 01 17:39:45 EST 2009] InvestorsLive if you are like at times, I don’t have as much patience and am looking for the immediate move
[Sun Mar 01 17:40:41 EST 2009] InvestorsLive Another thing I look for visually
[Sun Mar 01 17:40:58 EST 2009] InvestorsLive which we played this one in chat as well, I said in chat: “FAS at top of channel”
[Sun Mar 01 17:41:02 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/fas-topofchannel.PNG
[Sun Mar 01 17:41:25 EST 2009] InvestorsLive You can see there was resistance there ALL day
[Sun Mar 01 17:41:41 EST 2009] InvestorsLive you don’t want to short going into the channel, b/c if it breaks out of it to the upside
[Sun Mar 01 17:41:47 EST 2009] InvestorsLive thats a bullish move and more than likely going to spike
[Sun Mar 01 17:42:03 EST 2009] InvestorsLive zoomed out a little you can see it again: http://InvestorsLive.com/seminar/fas-topofchannel2.PNG
[Sun Mar 01 17:42:52 EST 2009] InvestorsLive Similar to PSYS
[Sun Mar 01 17:42:58 EST 2009] InvestorsLive SLM was down 40% or so
[Sun Mar 01 17:43:00 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/slm-bounce.png
[Sun Mar 01 17:43:27 EST 2009] InvestorsLive btw one thing to keep in mind I ONLY play these near $dollar marks
[Sun Mar 01 17:43:32 EST 2009] InvestorsLive or middle dollar
[Sun Mar 01 17:43:38 EST 2009] InvestorsLive $7.50 $8 $8.50 etc
[Sun Mar 01 17:43:42 EST 2009] InvestorsLive whole #s
[Sun Mar 01 17:43:46 EST 2009] InvestorsLive like Muddy does as well
[Sun Mar 01 17:44:50 EST 2009] InvestorsLive and then a while back if you were in chat after hours – I was working with Derffie (member) on a few things I look at
[Sun Mar 01 17:44:56 EST 2009] InvestorsLive and showed these next few
[Sun Mar 01 17:45:07 EST 2009] InvestorsLive basically what I see visually before pulling the trigger
[Sun Mar 01 17:45:08 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/mbi-channel.PNG
[Sun Mar 01 17:45:18 EST 2009] InvestorsLive http://InvestorsLive.com/seminar/wfc-channel.PNG
[Sun Mar 01 17:46:17 EST 2009] InvestorsLive so MBI
[Sun Mar 01 17:46:32 EST 2009] InvestorsLive again these aren’t just random set ups that I find on a random stock
[Sun Mar 01 17:46:36 EST 2009] InvestorsLive they are mostly from Muddy‘s alerts
[Sun Mar 01 17:46:38 EST 2009] InvestorsLive or pre list
[Sun Mar 01 17:46:46 EST 2009] InvestorsLive and its a different “take” on it
[Sun Mar 01 17:47:27 EST 2009] InvestorsLive so I see MBI which is a pre leader
[Sun Mar 01 17:47:51 EST 2009] InvestorsLive up quite a bit, and the news or E/R wasn’t that great, I forget the particular’s that morning
[Sun Mar 01 17:47:58 EST 2009] InvestorsLive but it was a big prop job, so I was short biased
[Sun Mar 01 17:48:09 EST 2009] InvestorsLive dropped under the channel and short
[Sun Mar 01 17:48:14 EST 2009] InvestorsLive as far as a stop loss
[Sun Mar 01 17:48:22 EST 2009] InvestorsLive I would have covered if it broke above that channel
[Sun Mar 01 17:48:42 EST 2009] InvestorsLive if it was bouncing around between those 2 lines I would keep it
[Sun Mar 01 17:49:03 EST 2009] InvestorsLive WFC again I cut off the prices
[Sun Mar 01 17:49:06 EST 2009] InvestorsLive but that was sub $13
[Sun Mar 01 17:49:12 EST 2009] InvestorsLive $12.90 range
[Sun Mar 01 17:49:27 EST 2009] InvestorsLive lows of that was $12.80-85 I bought I believe $12.92
[Sun Mar 01 17:49:38 EST 2009] InvestorsLive and many many others ended up doing well on it in chat
[Sun Mar 01 17:49:45 EST 2009] InvestorsLive and wondering “what did you see in it” etc
[Sun Mar 01 17:50:01 EST 2009] InvestorsLive higher lowers, putting in a base just sub of $13
[Sun Mar 01 17:50:26 EST 2009] InvestorsLive if wrong, the stock was near the LOD, stop would have been at bottom of channel or just under LOD
[Sun Mar 01 17:50:44 EST 2009] InvestorsLive questions?
[Sun Mar 01 17:50:54 EST 2009] InvestorsLive does it make a bit more sense visually?
[Sun Mar 01 17:51:08 EST 2009] Blz So when looking for bounce plays of lods is the key watching for a channel to develop and then a break above that channel
[Sun Mar 01 17:51:09 EST 2009] Blz ?
[Sun Mar 01 17:51:26 EST 2009] InvestorsLive Right because then I know where I am going to take my loss
[Sun Mar 01 17:51:36 EST 2009] InvestorsLive gives me a point of interest to enter
[Sun Mar 01 17:51:42 EST 2009] InvestorsLive and a point to cut it off
[Sun Mar 01 17:51:52 EST 2009] Blz In essence the opposite of that for shorting near a top?
[Sun Mar 01 17:51:54 EST 2009] InvestorsLive not always LODs tho
[Sun Mar 01 17:51:59 EST 2009] InvestorsLive think of STT the first one I showed
[Sun Mar 01 17:52:07 EST 2009] InvestorsLive smiliar set up, bullish breakout
[Sun Mar 01 17:52:14 EST 2009] InvestorsLive broke thru top
[Sun Mar 01 17:52:38 EST 2009] InvestorsLive yes opposite for shoritng
[Sun Mar 01 17:52:45 EST 2009] InvestorsLive which plays into how Muddy says never short HODs
[Sun Mar 01 17:52:58 EST 2009] InvestorsLive if u flip what I just explained
[Sun Mar 01 17:53:06 EST 2009] InvestorsLive you’d be shorting off the highs
[Sun Mar 01 17:53:29 EST 2009] InvestorsLive Blz- for example: http://InvestorsLive.com/seminar/3.png
[Sun Mar 01 17:54:17 EST 2009] Blz Okay, makes sense. Thanks
[Sun Mar 01 17:54:35 EST 2009] InvestorsLive and Blz will hvae Muddy cover ur 2nd question too in email
[Sun Mar 01 17:54:38 EST 2009] InvestorsLive in a second
[Sun Mar 01 17:54:43 EST 2009] InvestorsLive any questions regarding charts?
[Sun Mar 01 17:54:47 EST 2009] InvestorsLive what I’m looking at
[Sun Mar 01 17:54:52 EST 2009] InvestorsLive entries
[Sun Mar 01 17:54:53 EST 2009] InvestorsLive exits
[Sun Mar 01 17:56:26 EST 2009] godzilla99 can you explain your exit points. I have seen you call them almost to the penny on bull runs.
[Sun Mar 01 17:57:11 EST 2009] InvestorsLive sure, there’s an upside and a downside to the way I pull the trigger
[Sun Mar 01 17:57:25 EST 2009] InvestorsLive I limit my risk by locking it in on the moves
[Sun Mar 01 17:57:32 EST 2009] InvestorsLive most of the times if it rips in one direction
[Sun Mar 01 17:57:35 EST 2009] InvestorsLive i will lock it in regardless
[Sun Mar 01 17:57:50 EST 2009] InvestorsLive like PSYS
[Sun Mar 01 17:58:00 EST 2009] InvestorsLive I nailed a buck out of open on the short side.. took 1/2 off
[Sun Mar 01 17:58:08 EST 2009] InvestorsLive and then covered the rest into the big drop
[Sun Mar 01 17:58:19 EST 2009] InvestorsLive “big drop” = another $1.50 down…
[Sun Mar 01 17:58:32 EST 2009] InvestorsLive downside… Muddy who lets it run and gives it 4%
[Sun Mar 01 17:58:39 EST 2009] InvestorsLive managed to grab $6/share
[Sun Mar 01 17:59:05 EST 2009] InvestorsLive but yes my exits usually are into a breakout, or a washout
[Sun Mar 01 17:59:16 EST 2009] InvestorsLive washout being opposite of a breakout
[Sun Mar 01 17:59:38 EST 2009] InvestorsLive u guys see the recaps i did on the entry/exit
[Sun Mar 01 17:59:43 EST 2009] InvestorsLive http://www.InvestorsLive.com/2009/02/25/need-solid-alerts-recap-from-february-25th-trading-day/
[Sun Mar 01 17:59:49 EST 2009] InvestorsLive http://www.InvestorsLive.com/2009/02/26/more-alerts-recap-for-tuesday-the-26th-of-february/
[Sun Mar 01 18:00:15 EST 2009] InvestorsLive u can see the jumps godzilla and where i usually take off
[Sun Mar 01 18:00:31 EST 2009] InvestorsLive but
[Sun Mar 01 18:00:40 EST 2009] InvestorsLive FITB another good example
[Sun Mar 01 18:00:46 EST 2009] InvestorsLive I may have taking profits into the first spike
[Sun Mar 01 18:01:06 EST 2009] InvestorsLive which woul dhave look perfect for about 3-5 minutes
[Sun Mar 01 18:01:15 EST 2009] InvestorsLive until it rips another .50 cents
[Sun Mar 01 18:01:31 EST 2009] InvestorsLive so like I said – its has its good/bad aspects
[Sun Mar 01 18:01:35 EST 2009] InvestorsLive any other questions so far?
[Sun Mar 01 18:01:47 EST 2009] InvestorsLive Need 1 more – NYC trader u were typing do u have one?
[Sun Mar 01 18:02:23 EST 2009] NYCTrader01 sure, how big are your positions?
[Sun Mar 01 18:02:32 EST 2009] InvestorsLive sure depends on the range
[Sun Mar 01 18:02:33 EST 2009] InvestorsLive days range
[Sun Mar 01 18:02:34 EST 2009] NYCTrader01 and Muddys
[Sun Mar 01 18:02:39 EST 2009] InvestorsLive well Muddy is easy
[Sun Mar 01 18:02:42 EST 2009] godzilla99 do you see volume easing when a run is over to alert you to take profits.
[Sun Mar 01 18:02:43 EST 2009] InvestorsLive $3k avg
[Sun Mar 01 18:02:55 EST 2009] InvestorsLive but my positions vary based on the volatility
[Sun Mar 01 18:03:02 EST 2009] InvestorsLive a stock that is moving $2-5 dollar swings
[Sun Mar 01 18:03:07 EST 2009] InvestorsLive I wont take more than 500 share position
[Sun Mar 01 18:03:14 EST 2009] InvestorsLive CECO, STT, PSYS
[Sun Mar 01 18:03:23 EST 2009] NYCTrader01 ok
[Sun Mar 01 18:03:25 EST 2009] InvestorsLive 300-500 and add
[Sun Mar 01 18:03:32 EST 2009] InvestorsLive if right
[Sun Mar 01 18:03:55 EST 2009] InvestorsLive I’m focused in this chat now, vs. before finding a play that is going to pan out
[Sun Mar 01 18:03:59 EST 2009] InvestorsLive so its too risky to take 500-1k
[Sun Mar 01 18:04:05 EST 2009] InvestorsLive because then instead of finding another play
[Sun Mar 01 18:04:10 EST 2009] InvestorsLive I’m worried about the adverse move
[Sun Mar 01 18:04:17 EST 2009] InvestorsLive on the one I’m in
[Sun Mar 01 18:04:23 EST 2009] InvestorsLive SLM for example
[Sun Mar 01 18:04:37 EST 2009] InvestorsLive normal day .. bullish day normal movement I’d play 1-1.5k shares
[Sun Mar 01 18:04:43 EST 2009] InvestorsLive on a day like Thurs, Fri – 500
[Sun Mar 01 18:04:59 EST 2009] InvestorsLive FAZ earlier this year I’d play 500-1000
[Sun Mar 01 18:05:05 EST 2009] InvestorsLive now 100-300 max
[Sun Mar 01 18:05:30 EST 2009] InvestorsLive (Mar 01-21:02) godzilla99: do you see volume easing when a run is over to alert you to take profits.
[Sun Mar 01 18:05:40 EST 2009] InvestorsLive Sometimes volume signals another move upward
[Sun Mar 01 18:05:43 EST 2009] InvestorsLive another round of buyers
[Sun Mar 01 18:05:55 EST 2009] InvestorsLive so no not necessarily
[Sun Mar 01 18:05:59 EST 2009] InvestorsLive in fact “Jiggy”
[Sun Mar 01 18:06:04 EST 2009] InvestorsLive uses carries a vol spike wiht it
[Sun Mar 01 18:06:18 EST 2009] InvestorsLive which is normally bullish
[Sun Mar 01 18:06:40 EST 2009] InvestorsLive so its more the price action – remember when Muddy said look at the last 3 bars
[Sun Mar 01 18:06:52 EST 2009] InvestorsLive on a 1 min or 5 min hcart
[Sun Mar 01 18:07:20 EST 2009] InvestorsLive and that should be the range of the stock, if its been moving .10 on avg bouncin gback and forth
[Sun Mar 01 18:07:36 EST 2009] InvestorsLive and all of a sudden it spikes 3-4x that.. I sell into some of that vs. watching vol
[Sun Mar 01 18:07:51 EST 2009] InvestorsLive and I look for vol to slow/momentum to slow when I am short biased
[Sun Mar 01 18:08:14 EST 2009] InvestorsLive any more?
[Sun Mar 01 18:08:21 EST 2009] godzilla99 good
[Sun Mar 01 18:08:36 EST 2009] InvestorsLive alright so Blz
[Sun Mar 01 18:08:39 EST 2009] InvestorsLive your other question
[Sun Mar 01 18:08:46 EST 2009] InvestorsLive Also, how do you manage all your watches through out the day? Sometimes I find myself a bit overwhelmed trying to track my watchlists, hod’s, alerts, etc. Do you try to narrow down your focus to a few specific stocks or have a system for flipping thru all the watches?
[Sun Mar 01 18:09:39 EST 2009] InvestorsLive normally my scans that I do are to show exactly how I am thinking and if they come on my radar which they more than likely will at some point with scans.. HOD list / LOD list I will remember what I saw/wrote
[Sun Mar 01 18:09:48 EST 2009] InvestorsLive I don’t manage a lot of alerts well
[Sun Mar 01 18:10:01 EST 2009] InvestorsLive I have no more than 4 positions at once normally
[Sun Mar 01 18:10:16 EST 2009] InvestorsLive unless I am looking for larger swings like STT, PSYS etc
[Sun Mar 01 18:10:22 EST 2009] InvestorsLive but Muddy is the man for that..
[Sun Mar 01 18:10:54 EST 2009] Muddy me,i can and often do 12 trades at a time….but i’ve been doing it a long time…
[Sun Mar 01 18:11:11 EST 2009] Muddy i focus first on the pre’s
[Sun Mar 01 18:11:39 EST 2009] Muddy then because i use 4 monitors…
[Sun Mar 01 18:12:10 EST 2009] Muddy i mainly focus on the combos and or dayrangers i see on the hod list
[Sun Mar 01 18:12:46 EST 2009] InvestorsLive I think personally and I’m sure many would agree but thats really the main asset of the chat in my eye’s
[Sun Mar 01 18:12:55 EST 2009] InvestorsLive I’m scanning but I only have 2 eyes, Muddy is and so is everyone else
[Sun Mar 01 18:13:01 EST 2009] InvestorsLive so I pull up the charts that people alert
[Sun Mar 01 18:13:13 EST 2009] InvestorsLive and take a look if I see anything which I just went over
[Sun Mar 01 18:13:19 EST 2009] InvestorsLive where I think I can make money
[Sun Mar 01 18:13:37 EST 2009] InvestorsLive if its a big run I’ll watch for it to top, fade etc
[Sun Mar 01 18:14:22 EST 2009] InvestorsLive some others from email
[Sun Mar 01 18:14:25 EST 2009] InvestorsLive Question: Are the Market Makers just ripping us off? In a/h trades when the trading is a lot slower it appears like they will drop down to a stop way below the bid…. and the bid/ask does not change.
[Sun Mar 01 18:14:45 EST 2009] InvestorsLive Guys after hours there’s hardly a market – hence after hours
[Sun Mar 01 18:14:50 EST 2009] InvestorsLive don’t trade if you are not familiar with it
[Sun Mar 01 18:14:56 EST 2009] InvestorsLive AND
[Sun Mar 01 18:15:00 EST 2009] InvestorsLive DO NOT use stops after hours
[Sun Mar 01 18:15:18 EST 2009] InvestorsLive unless its a thickly traded stock
[Sun Mar 01 18:15:26 EST 2009] InvestorsLive like SPY BAC etc
[Sun Mar 01 18:15:40 EST 2009] InvestorsLive if you are playing something thin, they can spread 1.00-3.00’s and you’ll lose ur shirt
[Sun Mar 01 18:16:16 EST 2009] InvestorsLive I think this comment is helpful as well
[Sun Mar 01 18:16:21 EST 2009] InvestorsLive I played WFC this week. You called it in chat and I pulled it up on the 5d5min. I could see the two prior tops at 12 and the rising lows. I could see the rising volume and the momentum and it was clear it was going through 12 the 3rd time around. I entered at 12.1, dumped half at 12.5 and the rest before the close at 12.9. I would have never seen this if it wasn’t for the chat. It wouldn’t have been such and obvious play for a noob if it wasnt for the sessions and this chat. Awesome!
[Sun Mar 01 18:16:37 EST 2009] InvestorsLive email from someone but I think its a good thing especially if you are new
[Sun Mar 01 18:16:48 EST 2009] InvestorsLive if you don’t play it… pull up differen time frames.. take a look at it
[Sun Mar 01 18:16:55 EST 2009] InvestorsLive recheck the charts I put up later
[Sun Mar 01 18:17:15 EST 2009] InvestorsLive and look for familiar patterns and before you know it you’ll start seeing them on your own
[Sun Mar 01 18:17:40 EST 2009] Blz What day was that play on WFC?
[Sun Mar 01 18:18:22 EST 2009] InvestorsLive I’m not sure the exact date I can email them back and let you know or if you are in the seminar.. you can post
[Sun Mar 01 18:18:31 EST 2009] InvestorsLive but rather than WFC — I think the idea in general
[Sun Mar 01 18:18:36 EST 2009] InvestorsLive is a good idea on any stock that we are playing in here
[Sun Mar 01 18:18:40 EST 2009] Blz I think I found it 2/20
[Sun Mar 01 18:18:52 EST 2009] InvestorsLive and look at comemnts in chat
[Sun Mar 01 18:18:57 EST 2009] InvestorsLive usually I try to state what I am looking for
[Sun Mar 01 18:18:59 EST 2009] InvestorsLive before I do it
[Sun Mar 01 18:19:02 EST 2009] InvestorsLive with some if/than’s
[Sun Mar 01 18:19:05 EST 2009] Blz err not 2/20, ignore me. Similar pattern though
[Sun Mar 01 18:19:31 EST 2009] Ace_Rockolla I think it was 2/24
[Sun Mar 01 18:20:12 EST 2009] InvestorsLive You guys going to let Muddy of the leash with ONE question – comon guys!
[Sun Mar 01 18:21:17 EST 2009] InvestorsLive I will post the charts in the dashboard but until then: http://InvestorsLive.com/seminar/
[Sun Mar 01 18:21:19 EST 2009] InvestorsLive You can view them there
[Sun Mar 01 18:22:36 EST 2009] ranjanrocks how do you guys play stocks which are very volatile?? like stocks which move 5-10% in either direction quickly/?? ive seen many alerts which move this way
[Sun Mar 01 18:22:43 EST 2009] Ace_Rockolla On DRYS on 2/26, pre market after a big spike it starts coming down at the open. Are these good R/R shorts at the open?
[Sun Mar 01 18:22:47 EST 2009] ranjanrocks example BAC or C
[Sun Mar 01 18:23:27 EST 2009] Muddy imo,the best r/r plays if under the pdt rule are pre leaders that go red…short
[Sun Mar 01 18:25:51 EST 2009] Muddy the BAC C kind should only be played if you have the stomach for them…they aren’t to be messed with if you don’t…there’s plenty of others that can be in play
[Sun Mar 01 18:26:39 EST 2009] Muddy even me…you don’t see me alerting them much in chat unless they are hitting new lods
[Sun Mar 01 18:27:41 EST 2009] ngweaver Muddy, the other night you and I discussed how you play vertical price movement, like a giant 5 minute bar. Sometimes you long, sometimes short…what’s the difference…maybe you could share your insight w/everyone
[Sun Mar 01 18:27:55 EST 2009] Muddy sure
[Sun Mar 01 18:28:08 EST 2009] Blz EGLE on 2/23 great example of pre going red
[Sun Mar 01 18:28:16 EST 2009] Muddy its the vertical 1-2 mins i try to short
[Sun Mar 01 18:28:27 EST 2009] Muddy the 5’s are different
[Sun Mar 01 18:28:41 EST 2009] Muddy you need to let them settle
[Sun Mar 01 18:29:05 EST 2009] Muddy the 1 mins i just go for if borrows…i’m talking the big spikes
[Sun Mar 01 18:29:27 EST 2009] ngweaver and volume on those?
[Sun Mar 01 18:30:20 EST 2009] Muddy the 1’s i don’t care about vol ,most times it does not matter…
[Sun Mar 01 18:30:44 EST 2009] Muddy the 5 min or longer i like to see vol increase
[Sun Mar 01 18:30:44 EST 2009] Chase Muddy – how do you decide a stock is for a larger swing like STT or PSYS instead of a scalp?
[Sun Mar 01 18:32:00 EST 2009] Muddy well PSYS e/r was the thing on that…during the day if its selling off like it did,it hardly gets better…why i like to hold them
[Sun Mar 01 18:33:15 EST 2009] Blz Muddy, is that a frequent occurrence? That is if a stock is sliding on e/r for it to continue through out the day?
[Sun Mar 01 18:33:39 EST 2009] InvestorsLive Blz in this market..
[Sun Mar 01 18:34:02 EST 2009] InvestorsLive its hard enough to get buyers in the market as it is
[Sun Mar 01 18:34:06 EST 2009] InvestorsLive if they have a bad e/r..
[Sun Mar 01 18:34:14 EST 2009] NYCTrader01 yea PSYS is quite a tank
[Sun Mar 01 18:34:16 EST 2009] NYCTrader01 there was no bottom
[Sun Mar 01 18:34:22 EST 2009] InvestorsLive your only ‘big buyers’ are probably going to be shorts covering
[Sun Mar 01 18:34:39 EST 2009] Blz Not so common in more stable market? For it to keep sliding like that on e/r?
[Sun Mar 01 18:35:15 EST 2009] InvestorsLive well in a better market and a better economy there may be more of a reason to accumulate on the dip
[Sun Mar 01 18:35:27 EST 2009] InvestorsLive some comp’s may have a bad quater but guide up for the next qtr
[Sun Mar 01 18:35:31 EST 2009] InvestorsLive or be introducing a new product
[Sun Mar 01 18:36:06 EST 2009] thahound What about oddballs like BX that actually went up 20% on negative e/r…
[Sun Mar 01 18:36:37 EST 2009] InvestorsLive that may have been way better than expected thahound
[Sun Mar 01 18:36:42 EST 2009] InvestorsLive not real sure
[Sun Mar 01 18:36:42 EST 2009] thahound Did announcing that they’d put the the dividend back in for 2009 cause it to flip like that, or something more?
[Sun Mar 01 18:36:46 EST 2009] thahound ok
[Sun Mar 01 18:37:05 EST 2009] InvestorsLive its possible the stock had earnings priced in thinking disaster and it was only 1/2 disaster
[Sun Mar 01 18:37:34 EST 2009] thahound that makes sense, since it was down to 52 wk lows a day before
[Sun Mar 01 18:38:07 EST 2009] Muddy Blz..yes very often on the e/r slide thing
[Sun Mar 01 18:38:28 EST 2009] InvestorsLive anyone confused on the charts, did it help any?
[Sun Mar 01 18:38:31 EST 2009] InvestorsLive was quite a few request
[Sun Mar 01 18:38:47 EST 2009] Blz Thanks Muddy and yes IL charts were quite helpful
[Sun Mar 01 18:38:47 EST 2009] InvestorsLive only few follow up questions
[Sun Mar 01 18:38:51 EST 2009] pavtrader good stuff IL
[Sun Mar 01 18:38:58 EST 2009] thahound yeah, good info
[Sun Mar 01 18:39:09 EST 2009] toefur yes very good
[Sun Mar 01 18:40:54 EST 2009] Muddy i can’t stress enough even dollar marks or .50 marks on the lower…you can really learn to trade around those
[Sun Mar 01 18:41:14 EST 2009] Muddy it’s so basic
[Sun Mar 01 18:42:02 EST 2009] InvestorsLive exactly
[Sun Mar 01 18:42:16 EST 2009] Muddy just keep watching and papertrading them
[Sun Mar 01 18:42:30 EST 2009] InvestorsLive a perfect example of how there are different ways to trade the alerts in chat here..
[Sun Mar 01 18:42:34 EST 2009] InvestorsLive is PSYS
[Sun Mar 01 18:42:44 EST 2009] InvestorsLive where I went long EOD a few times
[Sun Mar 01 18:42:50 EST 2009] InvestorsLive while Muddy still short
[Sun Mar 01 18:43:05 EST 2009] InvestorsLive only really the liquid stocks are going to provide that
[Sun Mar 01 18:43:53 EST 2009] InvestorsLive http://www.bloomberg.com/markets/stocks/futures.html
[Sun Mar 01 18:44:00 EST 2009] InvestorsLive futures getting worse – what are they real time now tort – if ur around
[Sun Mar 01 18:44:10 EST 2009] InvestorsLive eeeek for 7,000 !
[Sun Mar 01 18:44:14 EST 2009] InvestorsLive any other questions guys?
[Sun Mar 01 18:44:25 EST 2009] InvestorsLive if you’d rather PM me and ask feel free
[Sun Mar 01 18:44:28 EST 2009] pavtrader new low
[Sun Mar 01 18:44:28 EST 2009] InvestorsLive I can post in here
[Sun Mar 01 18:44:48 EST 2009] Blz Asia getting nailed, about neg 3% across the board
[Sun Mar 01 18:45:16 EST 2009] pavtrader 6970
[Sun Mar 01 18:46:14 EST 2009] mlbfan2007 IL, obviously we like volitility, but in this market is it overall easier or harder to trade? is it TOO volitile sometimes? Just looking at doing this longer term, and wondering what to expect. Thanks!
[Sun Mar 01 18:46:55 EST 2009] pavtrader IL you wait for the break of the channel right?
[Sun Mar 01 18:46:57 EST 2009] pavtrader to enter
[Sun Mar 01 18:47:21 EST 2009] InvestorsLive normally, or if its in the channel i may take a chance based on other things moving
[Sun Mar 01 18:47:24 EST 2009] Laura Very volatile in bank/fin/ins now. Volatile in all though. But the volatility will continue imo due to the advent of internet trading.
[Sun Mar 01 18:47:27 EST 2009] John doh I heard it used to be easier
[Sun Mar 01 18:47:27 EST 2009] InvestorsLive and just cut it off if it breaks under
[Sun Mar 01 18:47:35 EST 2009] Laura I doubt it wil ever be the same.
[Sun Mar 01 18:47:44 EST 2009] JCastellon s&p futures (/es on tos) – 723.5… djia on tos /YM 6974
[Sun Mar 01 18:47:46 EST 2009] pavtrader ok cool
[Sun Mar 01 18:47:47 EST 2009] mlbfan2007 thank you Laura!
[Sun Mar 01 18:48:06 EST 2009] thahound lots of opportunity the lower we go though 😉
[Sun Mar 01 18:48:11 EST 2009] Laura 5 years ago Muddy and I were excited when you hit a stock up 8%.
[Sun Mar 01 18:48:16 EST 2009] Laura Lol, now…………
[Sun Mar 01 18:48:17 EST 2009] John doh Anyone try Cygroup in the last 2 weeks?
[Sun Mar 01 18:48:22 EST 2009] mlbfan2007 LOL!
[Sun Mar 01 18:48:33 EST 2009] InvestorsLive yea guys feel free to discuss CY I know many are there now
[Sun Mar 01 18:48:34 EST 2009] pavtrader haha what a difference
[Sun Mar 01 18:48:40 EST 2009] InvestorsLive feedback pleaseeee and thanks
[Sun Mar 01 18:48:44 EST 2009] JCastellon im in CY
[Sun Mar 01 18:48:52 EST 2009] John doh You like it?
[Sun Mar 01 18:48:59 EST 2009] thahound Laura, I’d say if you are an experienced trader that can is good at going both ways, this is probably one of the most profitable times of your life
[Sun Mar 01 18:49:02 EST 2009] JCastellon yeah, they are GREAT!
[Sun Mar 01 18:49:07 EST 2009] JCastellon high recommended
[Sun Mar 01 18:49:25 EST 2009] InvestorsLive but yes that was one of the reasons for CY because this market is just one minute bullish next minute world is going to end — there was a lot of great swing trades in previous months
[Sun Mar 01 18:49:37 EST 2009] Laura thahound, it was a lot slower then. yes, I think better now.
[Sun Mar 01 18:49:52 EST 2009] InvestorsLive I love that volatility but you have to be able to adapt to it as well
[Sun Mar 01 18:49:53 EST 2009] thahound I guess it sucks if you’re an “investor” of course. heh
[Sun Mar 01 18:49:57 EST 2009] InvestorsLive cutting shares down etc
[Sun Mar 01 18:50:19 EST 2009] InvestorsLive its crazy to think that 100 shares can yield you a grand profit in a matter of minutes in thi smarket
[Sun Mar 01 18:50:23 EST 2009] InvestorsLive (ie: FAZ)
[Sun Mar 01 18:50:45 EST 2009] JCastellon yup IL thats the same thing i was thinking the other day
[Sun Mar 01 18:50:58 EST 2009] thahound 100 shares of FAZ, I wish heh
[Sun Mar 01 18:51:38 EST 2009] Laura yeah, we’ve had crazy $$$ on FAZ
[Sun Mar 01 18:51:44 EST 2009] thahound i have thought about FAZ though, is it worth it to trade under 100 you think? I try to stick between $1-10 although i may go above or below depending on the situation…
[Sun Mar 01 18:52:06 EST 2009] thahound But sometimes the movement on those biggies is big enough that im thinking 50 or 60 shares can still make a tidy profit
[Sun Mar 01 18:52:10 EST 2009] InvestorsLive I only played FAZ a few times last week
[Sun Mar 01 18:52:15 EST 2009] InvestorsLive I have been focusing on finding others
[Sun Mar 01 18:52:50 EST 2009] InvestorsLive same with Muddy b/c especially for newbs
[Sun Mar 01 18:53:00 EST 2009] InvestorsLive FAZ isn’t a good first stock
[Sun Mar 01 18:53:10 EST 2009] InvestorsLive so I’ve been doing less FAZ and focusing on other plays setting up
[Sun Mar 01 18:53:17 EST 2009] InvestorsLive banks are enough
[Sun Mar 01 18:53:38 EST 2009] John doh Jcast – Besides the capital that Cygroup gives you on top of your initial 5k, hows the trading platform and software?
[Sun Mar 01 18:55:04 EST 2009] JCastellon I use thinkorswim and Etrade Pro for my charts, I haven’t really used the CY charts – but as software goes the level II and executions are really quick
[Sun Mar 01 18:55:14 EST 2009] John doh I just got a huge tax return, I’m so tempted to get on board with Cy but I can’t do that to the lady, heh..
[Sun Mar 01 18:55:14 EST 2009] JCastellon hotkeys are a huge advantage too
[Sun Mar 01 18:56:02 EST 2009] John doh That’s good. TDA and Scott been screwing up my trades big time. It’s hard for a newb to stay motivated after a bad trade with a crap broker and having the PDT on top of that
[Sun Mar 01 18:57:31 EST 2009] Muddy john…imo,try cy…at least give it a try
[Sun Mar 01 18:57:53 EST 2009] JCastellon same here, once you can financially though
[Sun Mar 01 18:57:56 EST 2009] thahound as soon as I get to $5K im on it
[Sun Mar 01 18:58:01 EST 2009] John doh I will, Muddy. Just gotta save a bit
[Sun Mar 01 18:58:04 EST 2009] thahound I was $1100 away from it too
[Sun Mar 01 18:58:25 EST 2009] thahound gotta wait a little longer now ;0
[Sun Mar 01 18:58:36 EST 2009] JCastellon the thing is once starting CY from being under the PDT rule, imo, is overtrading – gotta control that
[Sun Mar 01 18:58:57 EST 2009] thahound so you find yourself overtrading a bit now?
[Sun Mar 01 18:59:10 EST 2009] InvestorsLive JC is really good in the morning
[Sun Mar 01 18:59:14 EST 2009] John doh The worse part of it all… Losing a few cents on a bad trade and having to wait 3 days until trading again vs regrouping and trying again (without getting trigger happy of course)
[Sun Mar 01 18:59:19 EST 2009] InvestorsLive I always tell him SIT on hands haha:)
[Sun Mar 01 18:59:30 EST 2009] Muddy it’s natural JC,to do that but…
[Sun Mar 01 18:59:49 EST 2009] JCastellon yes, im trying to control it, CY recommended to lower my max share size and such, friday was the 1st day not overtrading and i did well
[Sun Mar 01 19:00:07 EST 2009] JCastellon thanks IL, last week i would hit a profit in the AM and overtrade my gains away by mid day
[Sun Mar 01 19:00:12 EST 2009] Laura Yahhh! Wtg JC
[Sun Mar 01 19:00:17 EST 2009] John doh Wow, that’s cool they give you recommendations
[Sun Mar 01 19:00:23 EST 2009] Muddy just try to control it…i all my years,if you hang with this stuff,if you can…
[Sun Mar 01 19:00:36 EST 2009] Muddy it gets way better,you cant give up
[Sun Mar 01 19:00:38 EST 2009] JCastellon yeah John, they are really good, they have given me alot of pointers last week alone
[Sun Mar 01 19:00:48 EST 2009] John doh That’s great
[Sun Mar 01 19:01:43 EST 2009] John doh I’m helping a friend of mine sell his Medical recording software for 20 percent commision… I’m thinking I can swing the 5k in a couple months
[Sun Mar 01 19:01:53 EST 2009] JCastellon thanks
[Sun Mar 01 19:01:58 EST 2009] NYCTrader01 Hey Muddy, IL, Luara, what are your backgrounds? Are you guys self-employed? Where are you from?
[Sun Mar 01 19:02:53 EST 2009] InvestorsLive NYC – click Member profiles for mine
[Sun Mar 01 19:03:14 EST 2009] Laura Hey NYC
[Sun Mar 01 19:03:39 EST 2009] Laura I owned my own biz for 12 years, met Muddy and moved to NJ
[Sun Mar 01 19:03:53 EST 2009] Laura We both trade FT now
[Sun Mar 01 19:04:09 EST 2009] Laura We live outside Philly
[Sun Mar 01 19:04:46 EST 2009] NYCTrader01 cool
[Sun Mar 01 19:04:53 EST 2009] Laura I am the den mother here as half you guys are half my age, lol
[Sun Mar 01 19:04:57 EST 2009] Blz I forgot about those member pages. IL, I’m either a Pisces or an Aquarius. You can just put both. I’ll allow it
[Sun Mar 01 19:05:09 EST 2009] Noobtrader.08 Laura is the CHATROOM GODDESS!!! 😀
[Sun Mar 01 19:05:28 EST 2009] Laura awwwwwwwwwww, nooob always to the rescue! 🙂
[Sun Mar 01 19:05:34 EST 2009] InvestorsLive haha
[Sun Mar 01 19:05:35 EST 2009] bmon MOMMY
[Sun Mar 01 19:05:39 EST 2009] Noobtrader.08 you bet!!!
[Sun Mar 01 19:05:40 EST 2009] InvestorsLive Yes member pages lets GO guys!
[Sun Mar 01 19:05:46 EST 2009] Laura bmon, I hear that I should ban you
[Sun Mar 01 19:05:48 EST 2009] bmon sorry thats not a ticker
[Sun Mar 01 19:05:48 EST 2009] InvestorsLive email me [email protected]
[Sun Mar 01 19:05:59 EST 2009] Laura hearing sumpin about my age last night
[Sun Mar 01 19:06:01 EST 2009] bmon lol
[Sun Mar 01 19:06:09 EST 2009] bmon sorry Laura i had 10 to many beers
[Sun Mar 01 19:06:12 EST 2009] Blz What I want to know is what those “for dummies” books are on IL’s desk
[Sun Mar 01 19:06:15 EST 2009] Laura I’m still in my forties for a few more weeks!
[Sun Mar 01 19:06:22 EST 2009] bmon really :O
[Sun Mar 01 19:07:49 EST 2009] Derffie Trading in shares of HSBC Holdings was suspended in Hong Kong on Monday at the banking giant’s request, pending “the announcement of a corporate action,” as the company was expected to reveal a pullback from its U.S. consumer lending business.
[Sun Mar 01 19:07:59 EST 2009] Derffie ADRs should be moving tomorrow
[Sun Mar 01 19:08:03 EST 2009] ranjanrocks HSBC tankage tomorrow 😀
[Sun Mar 01 19:08:27 EST 2009] Derffie maybe but then again getting out of the US isnt a bad idea
[Sun Mar 01 19:08:50 EST 2009] thahound I have a HSBC credit card…just paid it off yesterday actually
[Sun Mar 01 19:08:53 EST 2009] tortexal just quick fyi , DJIA futures are at 6971 but still very early
[Sun Mar 01 19:08:59 EST 2009] thahound DEBT FREE!
[Sun Mar 01 19:09:01 EST 2009] Laura we know
[Sun Mar 01 19:09:01 EST 2009] Blz HSBC ticker?
[Sun Mar 01 19:09:07 EST 2009] ranjanrocks HBC
[Sun Mar 01 19:09:07 EST 2009] Laura where you been tort
[Sun Mar 01 19:09:09 EST 2009] Laura HBC
[Sun Mar 01 19:09:16 EST 2009] Blz tnx L
[Sun Mar 01 19:09:33 EST 2009] Laura GS says sinking like a rock if it trades
[Sun Mar 01 19:09:37 EST 2009] JCastellon ever wonder if there’s a chinese UL chat for the chinese penny stocks?
[Sun Mar 01 19:09:37 EST 2009] tortexal just got back
[Sun Mar 01 19:09:43 EST 2009] Laura I think 😀
[Sun Mar 01 19:09:53 EST 2009] Laura JC, no
[Sun Mar 01 19:09:59 EST 2009] ranjanrocks LONDON (Dow Jones)–HSBC Holdings PLC (HSBA.LN) is expected to announce the closure of its troubled U.S. mortgage lending operation to new business, plans to cut its dividend and raise more than GBP12 billion in a deeply-discounted rights issue on Monday, said The Sunday Telegraph
[Sun Mar 01 19:10:07 EST 2009] Laura go study or something JC 😀
[Sun Mar 01 19:10:18 EST 2009] ranjanrocks there is more News on HSBC Derffie….. dilution of common stocks
[Sun Mar 01 19:10:42 EST 2009] JCastellon i actually have to go write a paper, check back in the morning everyone, goodnght!
[Sun Mar 01 19:10:59 EST 2009] Laura Nite JC!
[Sun Mar 01 19:12:48 EST 2009] John doh Blz – I already gave IL crap about his Investing for dummies books.. He claims they’re dust blockers
[Sun Mar 01 19:13:11 EST 2009] Laura Hm, not bad IL
[Sun Mar 01 19:13:13 EST 2009] Laura good cover
[Sun Mar 01 19:14:06 EST 2009] Blz lol John
[Sun Mar 01 19:15:26 EST 2009] InvestorsLive yes
[Sun Mar 01 19:15:47 EST 2009] InvestorsLive It’s true story
[Sun Mar 01 19:17:35 EST 2009] mjones0418 Good Evening. Laura, what does “RFR” stand for in your post?
[Sun Mar 01 19:17:43 EST 2009] pavtrader 6955
[Sun Mar 01 19:17:46 EST 2009] pavtrader new low
[Sun Mar 01 19:17:48 EST 2009] Muddy the one thing i must stress if you are daytrding is the pre list
[Sun Mar 01 19:18:13 EST 2009] Muddy the Run Forest Run scan=RFR
[Sun Mar 01 19:18:24 EST 2009] mjones0418 Thank you…. Duhhhhh
[Sun Mar 01 19:18:52 EST 2009] Muddy RFR are the ones that have the highest % of runs in last 100 days
[Sun Mar 01 19:19:07 EST 2009] Fortunate Son if the Pre List is, for instance, 20 stocks…how many of those do you typically play in a day?
[Sun Mar 01 19:19:13 EST 2009] Muddy the combo scan is a play off the RFR that i like
[Sun Mar 01 19:19:44 EST 2009] Muddy the combo.combines the odds of a run with very high dayrange
[Sun Mar 01 19:20:04 EST 2009] Muddy thats where the S/R comes in
[Sun Mar 01 19:20:20 EST 2009] Muddy on the last 3 candle highs and lows
[Sun Mar 01 19:20:28 EST 2009] Muddy for a long or a short
[Sun Mar 01 19:21:12 EST 2009] Muddy Fortaunate…sometimes up to 10 out of 20
[Sun Mar 01 19:21:35 EST 2009] Muddy its my main play group
[Sun Mar 01 19:21:46 EST 2009] netdawgx fortune, if no one’s posted it yet, this is a great summary http://greenonthescreen.blogspot.com/2008/06/im-gonna-try.html
[Sun Mar 01 19:22:11 EST 2009] Muddy but heres the thing…many of the dr’s are on the pre list
[Sun Mar 01 19:22:27 EST 2009] Muddy they are my targets
[Sun Mar 01 19:22:48 EST 2009] Fortunate Son wow…a lot more than i thought
[Sun Mar 01 19:22:55 EST 2009] Fortunate Son thanks
[Sun Mar 01 19:23:28 EST 2009] Muddy well,i try to trade 10 at a time so thats my main watch
[Sun Mar 01 19:24:02 EST 2009] Fortunate Son and how many trades do you enter in the first 5 minutes of trading or 10 minutes?
[Sun Mar 01 19:24:05 EST 2009] Muddy but if only trading a few…i’d combine the darkside watches in too
[Sun Mar 01 19:24:19 EST 2009] Muddy not many at all FS
[Sun Mar 01 19:24:31 EST 2009] Muddy maybe 1 pennie popper
[Sun Mar 01 19:24:43 EST 2009] Muddy i do jump those
[Sun Mar 01 19:24:57 EST 2009] Muddy others i try to let settle down
[Sun Mar 01 19:25:06 EST 2009] Muddy in fact i walk away,ha
[Sun Mar 01 19:25:34 EST 2009] netdawgx i ran the combo scan (as posted) at stockfetcher, how should i sort it? i know what its supposed to be, but can’t understand the data it presents
[Sun Mar 01 19:25:43 EST 2009] Muddy oh the big losers i jump sometimes if break even mark
[Sun Mar 01 19:25:51 EST 2009] netdawgx 10 at a time 🙂 im working on graduating to 2 at the moment
[Sun Mar 01 19:25:53 EST 2009] Muddy for a quick hit pop
[Sun Mar 01 19:26:18 EST 2009] Muddy its ok,it took me a long time to build up to 10+
[Sun Mar 01 19:26:35 EST 2009] Muddy and remember i have a partner:)
[Sun Mar 01 19:26:48 EST 2009] Laura look, managing 10 positions for him is why I don’t post much!!
[Sun Mar 01 19:26:55 EST 2009] Muddy hehe
[Sun Mar 01 19:26:58 EST 2009] netdawgx ahhh the secret is revealed
[Sun Mar 01 19:27:01 EST 2009] Fortunate Son does it help a lot to have another trader in the same room as you?
[Sun Mar 01 19:27:12 EST 2009] Muddy oh man yes!
[Sun Mar 01 19:27:14 EST 2009] Laura tremendously for me
[Sun Mar 01 19:27:18 EST 2009] Muddy seriously
[Sun Mar 01 19:27:54 EST 2009] Muddy if you are on the same page..
[Sun Mar 01 19:28:13 EST 2009] Muddy you wouldn’t believe how it helps,honest
[Sun Mar 01 19:28:18 EST 2009] Laura Does a lot
[Sun Mar 01 19:28:42 EST 2009] Laura I don’t follow as many stocks as he does, confuses me. But I focus in and hit a few good ones.
[Sun Mar 01 19:28:58 EST 2009] Laura He truly can follow many more due to experience.
[Sun Mar 01 19:29:36 EST 2009] Laura And we always have a few on our “must watch” list.
[Sun Mar 01 19:31:46 EST 2009] netdawgx i just ran the combo scan on stockfetcher… to make sure my scan code is right, did you guys get 1307 hits?
[Sun Mar 01 19:32:09 EST 2009] Laura sure, you always get tons of hits
[Sun Mar 01 19:32:32 EST 2009] Laura your job………is to follow Mudd’s instructions to cherry pick the best
[Sun Mar 01 19:33:03 EST 2009] Laura this tape will self destruct in 5 seconds……..
[Sun Mar 01 19:33:07 EST 2009] netdawgx ones over 9% in the adr(30) column?
[Sun Mar 01 19:33:09 EST 2009] netdawgx lol
[Sun Mar 01 19:33:18 EST 2009] Derffie I had that same thought
[Sun Mar 01 19:33:19 EST 2009] toefur haha
[Sun Mar 01 19:33:28 EST 2009] Muddy yes 1307 but but you have to remenber theres no criteria
[Sun Mar 01 19:34:17 EST 2009] Muddy all it is close between 1-15 with vol avg 250k
[Sun Mar 01 19:34:36 EST 2009] Muddy no its not 9% now
[Sun Mar 01 19:34:51 EST 2009] netdawgx 12% now yes?
[Sun Mar 01 19:34:59 EST 2009] Muddy its much higher now
[Sun Mar 01 19:35:03 EST 2009] Laura tweak the % as needed
[Sun Mar 01 19:35:15 EST 2009] Laura it varies every week depending on mkt volatility
[Sun Mar 01 19:35:31 EST 2009] netdawgx ah ok, i see
[Sun Mar 01 19:35:34 EST 2009] Muddy i use about 12% as the low cutoff yes
[Sun Mar 01 19:36:02 EST 2009] Laura 4 years ago, coulda been 6%
[Sun Mar 01 19:36:11 EST 2009] Laura now, it’s 12+
[Sun Mar 01 19:36:27 EST 2009] Laura dayrangers cutoff used to be 7%
[Sun Mar 01 19:36:34 EST 2009] netdawgx i spent a couple hours on the post last night absorbing it, i figured most everything out except how to cherrypick – i run the combo scan, and then also a adr(30) over 12% and then cherry pick from the combo scan what i see on the adr(30)?
[Sun Mar 01 19:36:36 EST 2009] Laura now it’s more than double that most weeks
[Sun Mar 01 19:38:48 EST 2009] Laura netdawg, rephrase………
[Sun Mar 01 19:39:00 EST 2009] Laura we’re not sure exactly what you mean
[Sun Mar 01 19:39:52 EST 2009] InvestorsLive JSDA bang
[Sun Mar 01 19:40:27 EST 2009] netdawgx im confused on cherrypicking
[Sun Mar 01 19:40:32 EST 2009] netdawgx so far i have: run the combo scan
[Sun Mar 01 19:40:45 EST 2009] netdawgx …. and thats about it lol
[Sun Mar 01 19:40:54 EST 2009] toefur what is the method of cherry picking?
[Sun Mar 01 19:41:19 EST 2009] Laura netdawg, you are running the RFR scan. then you cherrypick the ones with ADR(30) 12% or better. or whatever % is called for.
[Sun Mar 01 19:41:22 EST 2009] bmon SPSN
[Sun Mar 01 19:41:32 EST 2009] Laura There IS no Combo Scan per se.
[Sun Mar 01 19:41:45 EST 2009] netdawgx ahhhhh it all makes sense now, thanks 🙂
[Sun Mar 01 19:42:11 EST 2009] Muddy righ,Laura…….i think you want to really cherry pick..you want to focus on..
[Sun Mar 01 19:42:19 EST 2009] Laura SO you are looking for ones with good chance of running……..then picking the ones with super ADR
[Sun Mar 01 19:42:56 EST 2009] Muddy the ones ADR3012% but the ones higher than that on ADR10
[Sun Mar 01 19:42:58 EST 2009] Laura So volatile (ADR), plus past history of running (RFR)
[Sun Mar 01 19:43:07 EST 2009] Muddy exactly
[Sun Mar 01 19:43:28 EST 2009] Muddy the combo scan is not really a scan
[Sun Mar 01 19:43:46 EST 2009] Muddy its the play off the rfr cherrypicking
[Sun Mar 01 19:44:20 EST 2009] johnnyvento you could create a combo filter by adding that one line of code in if you wanted to
[Sun Mar 01 19:45:13 EST 2009] Laura Wootles, a bit of snow tonight!
[Sun Mar 01 19:45:14 EST 2009] netdawgx yea, in the process right now, will let you guys know how it turns out
[Sun Mar 01 19:45:59 EST 2009] toefur we need 10′ of snow!
[Sun Mar 01 19:46:22 EST 2009] Laura Need??
[Sun Mar 01 19:46:30 EST 2009] toefur so you cherry pick of the rfr scan and then see where thos picks show up on the combo? am i reading this correct?
[Sun Mar 01 19:46:38 EST 2009] toefur yes need! desire! crave!
[Sun Mar 01 19:46:43 EST 2009] InvestorsLive MAPP might get a solid bounce tomorrow or next week
[Sun Mar 01 19:47:24 EST 2009] Muddy the combo scan is the RFR scan cherrypicked
[Sun Mar 01 19:47:35 EST 2009] Laura Right.
[Sun Mar 01 19:47:37 EST 2009] toefur ok
[Sun Mar 01 19:47:43 EST 2009] Laura It’s not a scan of itself
[Sun Mar 01 19:48:05 EST 2009] Laura Just a way to pick the current volatile ones off the RFR
[Sun Mar 01 19:48:29 EST 2009] toefur so it does the cherry picking for you
[Sun Mar 01 19:48:54 EST 2009] InvestorsLive we do the cherry picking
[Sun Mar 01 19:48:57 EST 2009] InvestorsLive same thing off 52 week high list
[Sun Mar 01 19:49:04 EST 2009] Muddy from Mikes post on GOTS…
[Sun Mar 01 19:49:07 EST 2009] Muddy Next I run the The Combo scan which is stocks that have run the highest amount of times 10 to 19% in the last 100 days ranked in order of highest times to lowest times run. This is run on the weekend too as the watches change little from day to day. This scan is long biased. On Stockfetcher.com it’s known as the RunForestRun scan. I then cherrypick the ones over 9% in the ADR(30) column.
[Sun Mar 01 19:49:39 EST 2009] Laura He handpicks the cherries, lol
[Sun Mar 01 19:49:41 EST 2009] Muddy that 9% is now around 12-13%
[Sun Mar 01 19:49:45 EST 2009] Laura No code to pick them
[Sun Mar 01 19:50:08 EST 2009] toefur gotcha… was just lost in translation.
[Sun Mar 01 19:51:21 EST 2009] Muddy but to get the even betterb ones off that….
[Sun Mar 01 19:52:07 EST 2009] Muddy look for the ADR10 to be above the ADR30 to cherrypick the cherrypicks
[Sun Mar 01 19:52:23 EST 2009] toefur those the ones in play right now
[Sun Mar 01 19:52:28 EST 2009] Laura ::wub
[Sun Mar 01 19:52:38 EST 2009] toefur ha
[Sun Mar 01 19:52:53 EST 2009] Laura right, high ADR are the ones in play now
[Sun Mar 01 19:53:19 EST 2009] Laura ADR 10 greater than ADR 30 usually means a stock rising on the volatility
[Sun Mar 01 19:53:24 EST 2009] Muddy and even dollar marks on these or .50 on the ones under 3
[Sun Mar 01 19:53:38 EST 2009] Muddy plus red/green for longs
[Sun Mar 01 19:53:45 EST 2009] Laura will normally be on the dayrangers list for several weeks at least
[Sun Mar 01 19:53:48 EST 2009] Muddy green/red for shorts
[Sun Mar 01 19:54:00 EST 2009] Muddy yes several weeks
[Sun Mar 01 19:54:19 EST 2009] Muddy its a lazy way but it works
[Sun Mar 01 19:54:31 EST 2009] Muddy you need only once a week at most
[Sun Mar 01 19:54:43 EST 2009] Laura we don’t do a lot of heavy stuff, mostly lazy ::laugh
[Sun Mar 01 19:55:05 EST 2009] toefur so what about the 10_19 row. this just gives you an idea of how many times it has ran 10/19%?
[Sun Mar 01 19:55:24 EST 2009] Blz In last 100 days. Spot on toefur!
[Sun Mar 01 19:55:45 EST 2009] Laura yes
[Sun Mar 01 19:56:03 EST 2009] Laura but the laziest of all are the dayrangers
[Sun Mar 01 19:56:11 EST 2009] toefur insert chip into brain! = smarter! woot!
[Sun Mar 01 19:56:17 EST 2009] Laura the ADR stocks stay on the list forever
[Sun Mar 01 19:56:31 EST 2009] Laura the dayrangers can be on the list for weeks and weeks
[Sun Mar 01 19:56:43 EST 2009] Laura you could only play that angle and do awesome
[Sun Mar 01 19:57:07 EST 2009] tortexal totally, we’re still seeing tickers from a year ago almost
[Sun Mar 01 19:57:08 EST 2009] netdawgx ok so this code
[Sun Mar 01 19:57:10 EST 2009] netdawgx show stocks where average day range(30) is above 12 percent and where average day range(10) is greater than average day range(30) and add column average day range(10)
[Sun Mar 01 19:57:17 EST 2009] netdawgx at the end of the RFR code
[Sun Mar 01 19:57:23 EST 2009] netdawgx cherry picks them for you muhahhaha
[Sun Mar 01 19:57:27 EST 2009] Laura true tort
[Sun Mar 01 19:57:31 EST 2009] toefur yes i see same ones comming up now in chat from months ago
[Sun Mar 01 19:58:02 EST 2009] Laura yeah, that could work netdawg
[Sun Mar 01 19:58:04 EST 2009] johnnyvento that’s how I do it netdawgx
[Sun Mar 01 19:58:05 EST 2009] Muddy ok you can use that sure
[Sun Mar 01 19:58:25 EST 2009] Laura thing is, Muddy likes seeing them all, helps to remember other symbols
[Sun Mar 01 19:58:39 EST 2009] Muddy see me,i like the original cause i like tom see the old ones dropping off
[Sun Mar 01 19:58:46 EST 2009] Laura and helps reinforce the picks if you do it manually
[Sun Mar 01 19:58:56 EST 2009] Muddy but i’m a stock nut
[Sun Mar 01 19:59:01 EST 2009] Laura he is
[Sun Mar 01 19:59:06 EST 2009] netdawgx lol true
[Sun Mar 01 19:59:14 EST 2009] Muddy i love to memorize symbols
[Sun Mar 01 19:59:14 EST 2009] netdawgx 153 total this week
[Sun Mar 01 19:59:32 EST 2009] Muddy cause its all i can memorize at 61,haha
[Sun Mar 01 19:59:52 EST 2009] Laura I’ll challenge anyone in this chat to compete with Mudd for # of stock symbols in their brain.
[Sun Mar 01 20:00:01 EST 2009] toefur hahaha
[Sun Mar 01 20:00:03 EST 2009] Laura He is unreal……….no matter the stock, he knows it
[Sun Mar 01 20:00:06 EST 2009] Muddy yeah but thats all
[Sun Mar 01 20:00:08 EST 2009] InvestorsLive I accept
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