Seminar for July 26th, 2009

by | Jul 26, 2009

[Jul 26, 2009 5:00:24 PM EDT] InvestorsLive hey all !

[Jul 26, 2009 5:00:42 PM EDT] InvestorsLive same format as usual but feel free to butt in and ask questions since I’m just going to show a few charts

[Jul 26, 2009 5:00:49 PM EDT] InvestorsLive answer a question or 2 via e-mail

[Jul 26, 2009 5:01:06 PM EDT] InvestorsLive and then open it up so if you have anything to add/ask feel free to PM me in the first few, otherwise in about 10-15 min feel free to

[Jul 26, 2009 5:01:30 PM EDT] InvestorsLive Going to check out a few charts – basically what I look for on the daily scan that I do

[Jul 26, 2009 5:01:51 PM EDT] InvestorsLive sometimes I’ll have comments on InvestorsLive or my email that says “that stock already ran up”

[Jul 26, 2009 5:01:54 PM EDT] InvestorsLive and things like that

[Jul 26, 2009 5:02:22 PM EDT] InvestorsLive doesn’t matter for us, because we focus on stocks in play.. I don’t care if it doubled.. its in play.. and I care about stuff moving.. not stuff just sitting there

[Jul 26, 2009 5:02:35 PM EDT] InvestorsLive so I’ll take some from past scans

[Jul 26, 2009 5:02:45 PM EDT] InvestorsLive last week and what not and tie some things together

[Jul 26, 2009 5:02:56 PM EDT] InvestorsLive Muddy and I talk a lot about whole # or mid values like

[Jul 26, 2009 5:03:01 PM EDT] InvestorsLive $4 … 4.50… $5 etc

[Jul 26, 2009 5:03:09 PM EDT] InvestorsLive so when i pull up a chart that’s what I look for

[Jul 26, 2009 5:03:19 PM EDT] InvestorsLive where the nearest .50 is… and where they are consolidatiing

[Jul 26, 2009 5:03:39 PM EDT] InvestorsLive take INCY for example

[Jul 26, 2009 5:03:50 PM EDT] InvestorsLive http://bit.ly/vjtLC

[Jul 26, 2009 5:04:11 PM EDT] InvestorsLive just using InvestorsLive scans since its easier to navigate for now

[Jul 26, 2009 5:04:14 PM EDT] InvestorsLive http://www.InvestorsLive.com/2009/07/21/hot-stocks-in-july-for-the-22nd/

[Jul 26, 2009 5:04:17 PM EDT] InvestorsLive same as IU

[Jul 26, 2009 5:04:37 PM EDT] InvestorsLive 4th chart down

[Jul 26, 2009 5:04:50 PM EDT] InvestorsLive “INCY watch for the $4.50 hold outta open or if it dips watch for red/green and power towards $5+”

[Jul 26, 2009 5:05:00 PM EDT] InvestorsLive this has been a common thing most recent, the market has been hot

[Jul 26, 2009 5:05:06 PM EDT] InvestorsLive if you remember in chat GCI and MTG did very similar

[Jul 26, 2009 5:05:23 PM EDT] InvestorsLive we play a LOT of red/green and one thing that helps is knowing if you can just jump right in

[Jul 26, 2009 5:05:28 PM EDT] InvestorsLive without really worrying about it

[Jul 26, 2009 5:05:54 PM EDT] InvestorsLive I play red to green similar to the way I play mid/whole # breaks

[Jul 26, 2009 5:06:25 PM EDT] InvestorsLive so INCY I wanted to see 4.50 break/hold and the red/green back thru $4.50 to buy it

[Jul 26, 2009 5:06:52 PM EDT] InvestorsLive similarly the day after the big run up on GCI

[Jul 26, 2009 5:07:14 PM EDT] InvestorsLive http://bit.ly/19KlvS

[Jul 26, 2009 5:07:23 PM EDT] InvestorsLive the day after at 4.50

[Jul 26, 2009 5:07:26 PM EDT] InvestorsLive we played this in chat

[Jul 26, 2009 5:07:48 PM EDT] InvestorsLive and one other http://bit.ly/OZKDA MTG

[Jul 26, 2009 5:08:00 PM EDT] InvestorsLive the reason I bring this up is just putting a visual to what we are doing

[Jul 26, 2009 5:08:07 PM EDT] InvestorsLive because its happening an awful lot

[Jul 26, 2009 5:08:24 PM EDT] InvestorsLive so how to apply it this week

[Jul 26, 2009 5:08:31 PM EDT] InvestorsLive stocks that are up huge on Monday

[Jul 26, 2009 5:08:40 PM EDT] InvestorsLive will go on the scan (normally on darkside watches)

[Jul 26, 2009 5:08:45 PM EDT] InvestorsLive which is Muddy‘s short bias

[Jul 26, 2009 5:08:54 PM EDT] InvestorsLive and 6 months ago they would all make great shorts

[Jul 26, 2009 5:09:01 PM EDT] InvestorsLive but like he’s mentioned a bunch of times

[Jul 26, 2009 5:09:08 PM EDT] InvestorsLive green holds or red/green have all been excellent buys

[Jul 26, 2009 5:09:47 PM EDT] InvestorsLive CHINA another example

[Jul 26, 2009 5:10:03 PM EDT] InvestorsLive ran to $2 bucks.. next day it didn’t even hit red

[Jul 26, 2009 5:10:08 PM EDT] InvestorsLive it was a green hold

[Jul 26, 2009 5:10:21 PM EDT] InvestorsLive opened, dipped to $2 bucks and ran to $2.25+

[Jul 26, 2009 5:10:37 PM EDT] InvestorsLive so that’s where a lot of my trades have been coming from recently

[Jul 26, 2009 5:10:40 PM EDT] InvestorsLive for example on Friday

[Jul 26, 2009 5:10:48 PM EDT] InvestorsLive ARUN

[Jul 26, 2009 5:11:51 PM EDT] InvestorsLive one more was AFFX

[Jul 26, 2009 5:12:12 PM EDT] InvestorsLive check out those 2 charts and you’ll see similar pattterns to all the others I’ve mentioned

[Jul 26, 2009 5:12:16 PM EDT] InvestorsLive and tonight’s scan you’ll see it again

[Jul 26, 2009 5:12:32 PM EDT] InvestorsLive so that’s the best way to use the red/green and how to make faster/better decisions

[Jul 26, 2009 5:12:42 PM EDT] InvestorsLive and why Muddy may be so quick at potentially jumping in without thinking twice

[Jul 26, 2009 5:13:00 PM EDT] InvestorsLive for example I know that tomorrow if AFFX goes for $8, I’m prob going to be long

[Jul 26, 2009 5:13:07 PM EDT] InvestorsLive and if it loses $8 or heads red

[Jul 26, 2009 5:13:14 PM EDT] InvestorsLive I’ll cut it off

[Jul 26, 2009 5:13:20 PM EDT] InvestorsLive you guys have questions so far?

[Jul 26, 2009 5:13:24 PM EDT] Laura <<raises hand, I have a question…

[Jul 26, 2009 5:13:29 PM EDT] InvestorsLive ut oh

[Jul 26, 2009 5:13:44 PM EDT] Laura Who let John doh back in here???? ::laugh

[Jul 26, 2009 5:13:52 PM EDT] InvestorsLive haha OT L

[Jul 26, 2009 5:14:00 PM EDT] Laura oops, sorry

[Jul 26, 2009 5:14:19 PM EDT] InvestorsLive now who knows what the market will do in the next week

[Jul 26, 2009 5:14:23 PM EDT] giantseaturtle so when you say loses 8 or heads red, how soon and what kind of factors come into play? is it an immediate thing?

[Jul 26, 2009 5:14:34 PM EDT] InvestorsLive but if we start having -150.. -200 pt days you’ll see the green/red come into play more often

[Jul 26, 2009 5:14:37 PM EDT] InvestorsLive for shorts

[Jul 26, 2009 5:14:46 PM EDT] giantseaturtle like, 7.99, you’re out

[Jul 26, 2009 5:15:14 PM EDT] InvestorsLive depends the size, but if it goes lets say 8 to 8.20 I’m going to be out 1/2 anyway.. then let the other half run

[Jul 26, 2009 5:15:25 PM EDT] InvestorsLive so if thats the case I’d prob sell right at 7.98-8 yes

[Jul 26, 2009 5:15:31 PM EDT] InvestorsLive no reason to let it turn into a loss

[Jul 26, 2009 5:15:32 PM EDT] giantseaturtle okay, thx

[Jul 26, 2009 5:15:34 PM EDT] giantseaturtle yeah

[Jul 26, 2009 5:15:39 PM EDT] InvestorsLive but if theres a big spike… usually I will sell 1/2 or all anyway

[Jul 26, 2009 5:15:45 PM EDT] InvestorsLive like FLEX

[Jul 26, 2009 5:15:54 PM EDT] InvestorsLive I had been doing that and it works because every fast move

[Jul 26, 2009 5:15:58 PM EDT] InvestorsLive and followed by a retrace

[Jul 26, 2009 5:16:02 PM EDT] InvestorsLive and then slowly heads back towards highs

[Jul 26, 2009 5:16:32 PM EDT] InvestorsLive seaturtle: http://bit.ly/13zgwE

[Jul 26, 2009 5:16:42 PM EDT] InvestorsLive thats last 5 days on FLEX

[Jul 26, 2009 5:16:51 PM EDT] InvestorsLive you see every time it starts to speed up… it falls back

[Jul 26, 2009 5:17:12 PM EDT] giantseaturtle yeah

[Jul 26, 2009 5:17:12 PM EDT] InvestorsLive that also hits on me and Mud when we say

[Jul 26, 2009 5:17:14 PM EDT] InvestorsLive “incher”

[Jul 26, 2009 5:17:20 PM EDT] InvestorsLive XYZ is inching .. inch by inch

[Jul 26, 2009 5:17:29 PM EDT] InvestorsLive when it starts to move .10-.15 instead of .01-.02

[Jul 26, 2009 5:17:38 PM EDT] InvestorsLive I always lock it in at least some… like ACAD Friday

[Jul 26, 2009 5:17:44 PM EDT] InvestorsLive (sometimes I wish I don’t)

[Jul 26, 2009 5:17:52 PM EDT] InvestorsLive but ACAD in at 2.88… spiked thru $3

[Jul 26, 2009 5:18:04 PM EDT] InvestorsLive 9/10 times its prob going to re-test $3.. sit under it and rebreak it later

[Jul 26, 2009 5:18:18 PM EDT] InvestorsLive so I’d rather take the quick spike thru $3 and hold the other half for potential more highs

[Jul 26, 2009 5:18:27 PM EDT] InvestorsLive so I sold 1/2 at 3.02

[Jul 26, 2009 5:18:33 PM EDT] InvestorsLive woops..

[Jul 26, 2009 5:18:37 PM EDT] InvestorsLive but that’s the name of the game

[Jul 26, 2009 5:19:47 PM EDT] giantseaturtle that ACAD had that great exponential pattern that always seems to come down hard

[Jul 26, 2009 5:20:18 PM EDT] InvestorsLive well its also a Pharma – which is any1 here has that calendar may be a helpful link

[Jul 26, 2009 5:20:18 PM EDT] InvestorsLive but

[Jul 26, 2009 5:20:29 PM EDT] InvestorsLive Pharma season always has some juice.. I would never hold over since its 50/50

[Jul 26, 2009 5:20:39 PM EDT] InvestorsLive and as you saw .. sure can be GOOD

[Jul 26, 2009 5:20:42 PM EDT] InvestorsLive MAPP VNDA SVNT etc

[Jul 26, 2009 5:20:50 PM EDT] InvestorsLive but also… STSI SQNM MTXX

[Jul 26, 2009 5:20:59 PM EDT] InvestorsLive -50-70% real fast

[Jul 26, 2009 5:21:24 PM EDT] InvestorsLive but being aware its a pharma in pharma season lets me jump in more easily

[Jul 26, 2009 5:21:55 PM EDT] InvestorsLive so one other chart pattern I wanted to cover

[Jul 26, 2009 5:22:06 PM EDT] InvestorsLive more so the consolidation that I look for

[Jul 26, 2009 5:22:22 PM EDT] InvestorsLive you’ll see on CHRS JRCC FCS

[Jul 26, 2009 5:23:09 PM EDT] InvestorsLive and also now I wish I held .. but CLWR

[Jul 26, 2009 5:23:15 PM EDT] InvestorsLive same set up when we played it

[Jul 26, 2009 5:23:28 PM EDT] InvestorsLive lets look at that one first

[Jul 26, 2009 5:23:30 PM EDT] InvestorsLive http://bit.ly/tVYXt

[Jul 26, 2009 5:23:31 PM EDT] InvestorsLive CLWR

[Jul 26, 2009 5:23:51 PM EDT] InvestorsLive see late June

[Jul 26, 2009 5:24:01 PM EDT] InvestorsLive $5 was top

[Jul 26, 2009 5:24:20 PM EDT] InvestorsLive then consolidated… re-test $5 one day

[Jul 26, 2009 5:24:40 PM EDT] InvestorsLive that was a big up day.. next day it went red… then red/green

[Jul 26, 2009 5:24:43 PM EDT] InvestorsLive which i mentioned earlier

[Jul 26, 2009 5:24:49 PM EDT] InvestorsLive and that was the powerhouse day

[Jul 26, 2009 5:25:09 PM EDT] InvestorsLive so that’s a played out bottom chart.. thats what I look for – you’ll see the same stuff setting up on hte other ones I just posted

[Jul 26, 2009 5:25:18 PM EDT] InvestorsLive CHRS

[Jul 26, 2009 5:25:33 PM EDT] InvestorsLive and by the way

[Jul 26, 2009 5:25:34 PM EDT] Rich or when we played HGSI at the $3-4 dollar range, we did we sell that LOL

[Jul 26, 2009 5:25:45 PM EDT] InvestorsLive it was 1.79 🙂

[Jul 26, 2009 5:26:06 PM EDT] InvestorsLive but CHRS .. I’m not showing CLWR to say told you so… these can easily go the other way

[Jul 26, 2009 5:26:13 PM EDT] InvestorsLive CHRS http://bit.ly/2WCp1

[Jul 26, 2009 5:26:32 PM EDT] InvestorsLive its just the mind set I will have if I see it on scan.. I know I want to be in b/c my risk is more limited since it is breaking OFF support

[Jul 26, 2009 5:26:33 PM EDT] InvestorsLive to the upside

[Jul 26, 2009 5:26:50 PM EDT] InvestorsLive CHRS was on my scan last week b/c it was setting up just below $4.50

[Jul 26, 2009 5:27:25 PM EDT] InvestorsLive that’s a case where its setting up below the x.50 mark

[Jul 26, 2009 5:27:37 PM EDT] InvestorsLive JRCC an example where it setting up above x.00 mark

[Jul 26, 2009 5:27:43 PM EDT] InvestorsLive or $18 as u can see

[Jul 26, 2009 5:28:14 PM EDT] InvestorsLive http://bit.ly/k6I7Y FCS

[Jul 26, 2009 5:28:38 PM EDT] InvestorsLive after Friday’s candle it may be a while.. but $9 test is the interest – if it test and breaks should have a nice move towards the upside

[Jul 26, 2009 5:28:58 PM EDT] InvestorsLive just got a PM asking what scan I use to find the pattern….

[Jul 26, 2009 5:29:06 PM EDT] InvestorsLive I just use my scan linked on the dashboard

[Jul 26, 2009 5:29:13 PM EDT] InvestorsLive and then these are what I look for

[Jul 26, 2009 5:29:18 PM EDT] InvestorsLive when I plot them all on the chart

[Jul 26, 2009 5:29:34 PM EDT] InvestorsLive I look for previous resistance..

[Jul 26, 2009 5:29:36 PM EDT] InvestorsLive previous support

[Jul 26, 2009 5:29:39 PM EDT] InvestorsLive double tops etc

[Jul 26, 2009 5:29:49 PM EDT] InvestorsLive and then take the ones with the most vol, that look the best to me and put them on scan

[Jul 26, 2009 5:30:11 PM EDT] InvestorsLive you guys have questions so far?

[Jul 26, 2009 5:30:39 PM EDT] InvestorsLive That’s what I had for charts just to give you an idea for what I’m looking for on a daily basis

[Jul 26, 2009 5:30:57 PM EDT] InvestorsLive I think the most important piece to take is the recent red/green that we’ve been playing

[Jul 26, 2009 5:31:04 PM EDT] InvestorsLive you’ll see Muddy mention green hit many times

[Jul 26, 2009 5:31:40 PM EDT] InvestorsLive it’s def. something to understand because it’ll be the opposite once market cools off a bit

[Jul 26, 2009 5:31:53 PM EDT] InvestorsLive but like I said most recent examples Friday are AFFX ARUN etc

[Jul 26, 2009 5:32:18 PM EDT] InvestorsLive Questions? comments?

[Jul 26, 2009 5:32:51 PM EDT] giantseaturtle got a ques on ALD on fri

[Jul 26, 2009 5:33:18 PM EDT] giantseaturtle if you have a chart handy for that

[Jul 26, 2009 5:33:28 PM EDT] InvestorsLive got it up

[Jul 26, 2009 5:33:36 PM EDT] giantseaturtle that 3.80 break on vol on fri, if you got in, where would your exit be? on the red move?

[Jul 26, 2009 5:34:12 PM EDT] InvestorsLive well 3.79 was previous close but

[Jul 26, 2009 5:34:20 PM EDT] InvestorsLive so in this case yes it happens to be red

[Jul 26, 2009 5:34:28 PM EDT] InvestorsLive but see on the 1 min chart

[Jul 26, 2009 5:34:35 PM EDT] InvestorsLive or prob 5 min too the support its breakin off of?

[Jul 26, 2009 5:34:44 PM EDT] InvestorsLive trading around 3.75 for most of the day

[Jul 26, 2009 5:34:45 PM EDT] giantseaturtle yeah

[Jul 26, 2009 5:34:49 PM EDT] InvestorsLive with that as the base

[Jul 26, 2009 5:34:53 PM EDT] InvestorsLive that’s prob where I’d give it to

[Jul 26, 2009 5:34:57 PM EDT] InvestorsLive since that’s where its been basing all day

[Jul 26, 2009 5:35:07 PM EDT] InvestorsLive if it doesn’t hold that then no reason why I really want to be in it

[Jul 26, 2009 5:35:23 PM EDT] InvestorsLive a better example to get that point across

[Jul 26, 2009 5:35:24 PM EDT] InvestorsLive is SQNM

[Jul 26, 2009 5:35:32 PM EDT] InvestorsLive http://bit.ly/eCvI5

[Jul 26, 2009 5:35:48 PM EDT] InvestorsLive what area would you say was base?

[Jul 26, 2009 5:35:59 PM EDT] InvestorsLive 11am – close

[Jul 26, 2009 5:36:12 PM EDT] giantseaturtle 5.3-5.4

[Jul 26, 2009 5:36:17 PM EDT] InvestorsLive zactly

[Jul 26, 2009 5:36:18 PM EDT] InvestorsLive 5.30

[Jul 26, 2009 5:36:28 PM EDT] InvestorsLive broke thru it at like_14:30ish

[Jul 26, 2009 5:36:32 PM EDT] InvestorsLive then re-tested it at 1:15ish

[Jul 26, 2009 5:36:36 PM EDT] InvestorsLive held.. etc

[Jul 26, 2009 5:36:51 PM EDT] InvestorsLive but had it not trend reversing… if u use 5 min chart

[Jul 26, 2009 5:36:53 PM EDT] InvestorsLive prob 5.20

[Jul 26, 2009 5:36:54 PM EDT] InvestorsLive is ur key

[Jul 26, 2009 5:37:03 PM EDT] InvestorsLive depends on size etc

[Jul 26, 2009 5:37:24 PM EDT] InvestorsLive but had ALD traded a bit more shares or had more range..

[Jul 26, 2009 5:37:30 PM EDT] InvestorsLive it’d prob be just as clear

[Jul 26, 2009 5:37:46 PM EDT] giantseaturtle cool, that clears up some stuff

[Jul 26, 2009 5:37:55 PM EDT] giantseaturtle sometimes i just forget to watch a base area

[Jul 26, 2009 5:38:08 PM EDT] redbull44 which is perferred , 1/5/15 min chart intraday to figure out support and resistance?

[Jul 26, 2009 5:38:18 PM EDT] InvestorsLive I know we don’t do GOOG giant but http://bit.ly/1OT7W

[Jul 26, 2009 5:38:27 PM EDT] InvestorsLive you can see same stuff on higher priced

[Jul 26, 2009 5:38:29 PM EDT] InvestorsLive $446 etc

[Jul 26, 2009 5:38:43 PM EDT] InvestorsLive that’s basically want I look for since I either want to be right.. and hold it .. take some off

[Jul 26, 2009 5:38:50 PM EDT] InvestorsLive or be wrong and cut it off.. and concentrate on the gainers

[Jul 26, 2009 5:39:09 PM EDT] InvestorsLive redbull – everyone uses whatever they find works best for them

[Jul 26, 2009 5:39:14 PM EDT] InvestorsLive GS thinks I’m crazy for using 1 day 1 min

[Jul 26, 2009 5:39:22 PM EDT] InvestorsLive he does well with 2 day 5 min charts

[Jul 26, 2009 5:39:26 PM EDT] InvestorsLive I think tort does similar

[Jul 26, 2009 5:39:49 PM EDT] InvestorsLive some use 2 day 3 min but whatever it is you should use it for all of your charts .. try out different ones.. and see what makes you have the best sucess

[Jul 26, 2009 5:39:56 PM EDT] InvestorsLive you’ll also get used to certain platforms

[Jul 26, 2009 5:40:19 PM EDT] InvestorsLive I used to use alphtrade and was so used to their charts it took me a good 3-4 months to get used t SpeedTrader’s

[Jul 26, 2009 5:40:51 PM EDT] InvestorsLive but also depends on ur trade redbull.. if you’lre like me and are looking for THE move..

[Jul 26, 2009 5:41:00 PM EDT] InvestorsLive take some off and let it ride then 1 day 1 min is good

[Jul 26, 2009 5:41:07 PM EDT] InvestorsLive if you are looking for a bit bigger picture

[Jul 26, 2009 5:41:14 PM EDT] InvestorsLive play a lil smaller and hold out for the bigger move

[Jul 26, 2009 5:41:18 PM EDT] InvestorsLive 2 day 5 min = good

[Jul 26, 2009 5:42:10 PM EDT] InvestorsLive the last question I had in email was what emails I pay attention to… Lebed.. who else etc

[Jul 26, 2009 5:42:26 PM EDT] InvestorsLive I subscribe to a bunch.. and take them as they come on a 1 for 1 basis

[Jul 26, 2009 5:42:50 PM EDT] InvestorsLive i get beacon / lebed / hototc / pennychaser / bestdamnpennystocks / picksthatmove etc

[Jul 26, 2009 5:42:56 PM EDT] InvestorsLive beacon absolutely sux

[Jul 26, 2009 5:43:07 PM EDT] InvestorsLive but is usually good for a quick 5 min pop

[Jul 26, 2009 5:43:24 PM EDT] InvestorsLive so you should be aware of that.. I don’t think they have much following

[Jul 26, 2009 5:43:30 PM EDT] InvestorsLive Lebed is hit or miss

[Jul 26, 2009 5:43:45 PM EDT] InvestorsLive but when he gets on sending 3 emails a day

[Jul 26, 2009 5:43:51 PM EDT] InvestorsLive usually that’s a sign that he knows sometihng is coming

[Jul 26, 2009 5:44:16 PM EDT] InvestorsLive pennychaser.. eh.. hard to make money in them seems like more controlled than anything

[Jul 26, 2009 5:44:23 PM EDT] InvestorsLive but if early usually works out

[Jul 26, 2009 5:44:27 PM EDT] InvestorsLive hototc prob best in the business

[Jul 26, 2009 5:44:42 PM EDT] InvestorsLive his ads are everywhere constantly getitng newer and newer list

[Jul 26, 2009 5:44:54 PM EDT] InvestorsLive which i trade his quit often IF IF IF IF

[Jul 26, 2009 5:44:57 PM EDT] InvestorsLive they don’t gap to the heavens

[Jul 26, 2009 5:45:06 PM EDT] InvestorsLive as you saw with NHYT

[Jul 26, 2009 5:45:11 PM EDT] InvestorsLive no use trading it

[Jul 26, 2009 5:45:32 PM EDT] InvestorsLive questions……………………..

[Jul 26, 2009 5:45:33 PM EDT] InvestorsLive ?

[Jul 26, 2009 5:46:19 PM EDT] redbull44 can you talk about entry/exists with the alerts that on this chat

[Jul 26, 2009 5:46:35 PM EDT] InvestorsLive sure did you check out 2 seminars ago?

[Jul 26, 2009 5:46:40 PM EDT] InvestorsLive when I went over it in detail

[Jul 26, 2009 5:46:44 PM EDT] InvestorsLive that was helpful to a lotta peeps

[Jul 26, 2009 5:46:45 PM EDT] InvestorsLive if you haven’t

[Jul 26, 2009 5:46:46 PM EDT] redbull44 nope i will now thanks 😀

[Jul 26, 2009 5:46:51 PM EDT] InvestorsLive let me link you

[Jul 26, 2009 5:47:07 PM EDT] InvestorsLive http://www.investorsunderground.com/2009/06/28/seminar-28th/

[Jul 26, 2009 5:47:19 PM EDT] InvestorsLive that was the page with charts. …. and the lingo in chat room

[Jul 26, 2009 5:47:24 PM EDT] InvestorsLive so you can get used to what I mean by what

[Jul 26, 2009 5:47:26 PM EDT] InvestorsLive and then…

[Jul 26, 2009 5:47:29 PM EDT] InvestorsLive me talking was this link

[Jul 26, 2009 5:47:35 PM EDT] InvestorsLive http://www.investorsunderground.com/2009/06/28/seminar-june-28th-2009-chat-logs/

[Jul 26, 2009 5:47:46 PM EDT] InvestorsLive so click the 2nd.. and I’m looking at the charts on that first link I gave you

[Jul 26, 2009 5:48:01 PM EDT] InvestorsLive I play a bit different than Muddy

[Jul 26, 2009 5:48:17 PM EDT] InvestorsLive bigger too so I take the scalps as they come on the breaks

[Jul 26, 2009 5:48:26 PM EDT] InvestorsLive but one thing you’ll notice is

[Jul 26, 2009 5:48:33 PM EDT] InvestorsLive I get this PM a lot too

[Jul 26, 2009 5:48:39 PM EDT] InvestorsLive lets say they play 5 stocks

[Jul 26, 2009 5:48:47 PM EDT] InvestorsLive 3 pan out nicely… 2 they take even/loss on

[Jul 26, 2009 5:48:51 PM EDT] InvestorsLive but the loss = minimal

[Jul 26, 2009 5:48:55 PM EDT] InvestorsLive that’s the way I play

[Jul 26, 2009 5:49:03 PM EDT] InvestorsLive b/c I’m buying breaking off consolidation

[Jul 26, 2009 5:49:16 PM EDT] InvestorsLive so if it looks to lose support (where I bought) no reason to be in

[Jul 26, 2009 5:49:26 PM EDT] InvestorsLive so losses never large.. unless I don’t take them

[Jul 26, 2009 5:49:42 PM EDT] InvestorsLive but lock in the gains along the way

[Jul 26, 2009 5:50:12 PM EDT] InvestorsLive any time a stock has a move more than what its been trading for the previous 15-30 minutes

[Jul 26, 2009 5:50:21 PM EDT] InvestorsLive for example you’ll see me looking for stuff to start going sideways

[Jul 26, 2009 5:50:26 PM EDT] InvestorsLive and either fade from it

[Jul 26, 2009 5:50:31 PM EDT] InvestorsLive or curve up off the support

[Jul 26, 2009 5:50:54 PM EDT] InvestorsLive if its been trending .02-.05… and suddenly goes .15-.30 it should be assumed I’m a seller and my hands on sell button

[Jul 26, 2009 5:51:21 PM EDT] InvestorsLive like KIRK

[Jul 26, 2009 5:51:26 PM EDT] InvestorsLive I shorted 14.28 I think

[Jul 26, 2009 5:51:33 PM EDT] InvestorsLive broke down under $14

[Jul 26, 2009 5:51:42 PM EDT] InvestorsLive I always cover on the rush under a whole # at least 1/2

[Jul 26, 2009 5:51:48 PM EDT] InvestorsLive usually x.91

[Jul 26, 2009 5:52:02 PM EDT] InvestorsLive just so I can take advantage of stops coming thru since it just lost a whole # support

[Jul 26, 2009 5:52:05 PM EDT] InvestorsLive aka $14.00

[Jul 26, 2009 5:52:17 PM EDT] InvestorsLive then I have breathing room to let it ride out

[Jul 26, 2009 5:52:53 PM EDT] InvestorsLive any other questions?

[Jul 26, 2009 5:52:57 PM EDT] InvestorsLive HOD / LOD

[Jul 26, 2009 5:52:58 PM EDT] InvestorsLive symbols

[Jul 26, 2009 5:52:59 PM EDT] Eginter what’s happening when there are tons of different symbols mentioned, many of which are not listed on the night before’s scans? Are those all HOD/LOD symbols from Scottrader’s Market Mover scan or are they coming from other places too?

[Jul 26, 2009 5:53:14 PM EDT] InvestorsLive I use no other scanner during day except HOD/LOD

[Jul 26, 2009 5:53:30 PM EDT] InvestorsLive so yes

[Jul 26, 2009 5:53:31 PM EDT] Laura all Muddy and I use too

[Jul 26, 2009 5:53:43 PM EDT] InvestorsLive that gives us the stocks in play… i dont care about a stock not in play

[Jul 26, 2009 5:53:45 PM EDT] InvestorsLive = dead money

[Jul 26, 2009 5:53:52 PM EDT] Laura and the HOD/LOD alerts don’t mean buy or sell.

[Jul 26, 2009 5:54:06 PM EDT] Laura just a headsup of things moving

[Jul 26, 2009 5:54:12 PM EDT] InvestorsLive if stock keeps hitting HODs and I miss it..

[Jul 26, 2009 5:54:15 PM EDT] InvestorsLive I’ll do 1 of 2 things

[Jul 26, 2009 5:54:28 PM EDT] InvestorsLive either a) wait for it to trade sideways and watch for the fade (not so much in the recent weeks)

[Jul 26, 2009 5:54:40 PM EDT] InvestorsLive or b) watch for it to consolidate sideways… and re-test the HOD

[Jul 26, 2009 5:54:48 PM EDT] InvestorsLive like that chart I linked in chat the other day

[Jul 26, 2009 5:54:49 PM EDT] InvestorsLive on SQNM

[Jul 26, 2009 5:54:56 PM EDT] InvestorsLive not sure if you recall I can try to find it

[Jul 26, 2009 5:55:10 PM EDT] InvestorsLive I had missed the first move.. but bought the 2nd move for the test of $5

[Jul 26, 2009 5:55:21 PM EDT] InvestorsLive once it had proved strength and a higher low / re-test of HOD

[Jul 26, 2009 5:56:03 PM EDT] InvestorsLive which leads be to another pt I forget who but said he was having ok gains.. but he was 50/50 on trades.. and how to get better

[Jul 26, 2009 5:56:13 PM EDT] InvestorsLive and asked him his strategy

[Jul 26, 2009 5:56:21 PM EDT] InvestorsLive just kinda going in on alerts etc whatever movers

[Jul 26, 2009 5:56:28 PM EDT] InvestorsLive but told him to be patient… let it set up etc

[Jul 26, 2009 5:56:35 PM EDT] InvestorsLive 2 days later he said his win % went up huge

[Jul 26, 2009 5:56:45 PM EDT] InvestorsLive just by being patient..

[Jul 26, 2009 5:57:00 PM EDT] InvestorsLive if you guys are charting during the day you’ll see the same set ups I play over and over

[Jul 26, 2009 5:57:06 PM EDT] InvestorsLive either for the long or short

[Jul 26, 2009 5:57:15 PM EDT] InvestorsLive so then when you’re there and see an alert

[Jul 26, 2009 5:57:24 PM EDT] InvestorsLive you can chart it yourself and more than liekly see the same thing you saw on the last one

[Jul 26, 2009 5:58:16 PM EDT] Eginter what exactly does the HOD and LOD mean, just high of day/low of day?

[Jul 26, 2009 5:58:25 PM EDT] InvestorsLive yup

[Jul 26, 2009 5:58:32 PM EDT] InvestorsLive here is SQNM thing

[Jul 26, 2009 5:58:33 PM EDT] InvestorsLive http://i31.tinypic.com/10qfbmg.png

[Jul 26, 2009 5:58:36 PM EDT] InvestorsLive I posted this in chat the other day

[Jul 26, 2009 5:58:46 PM EDT] InvestorsLive exactly what I mean by being patient

[Jul 26, 2009 5:58:49 PM EDT] InvestorsLive and waiting for the trade

[Jul 26, 2009 5:58:55 PM EDT] InvestorsLive SQNM was on fire red/green

[Jul 26, 2009 5:59:00 PM EDT] InvestorsLive see the dotted line?

[Jul 26, 2009 5:59:03 PM EDT] InvestorsLive thats the previous close line

[Jul 26, 2009 5:59:11 PM EDT] InvestorsLive that’s when L or Muddy alerted

[Jul 26, 2009 5:59:29 PM EDT] InvestorsLive or maybe some1 else but

[Jul 26, 2009 5:59:31 PM EDT] InvestorsLive I missed it

[Jul 26, 2009 5:59:34 PM EDT] redbull44 sorry alerted what time for red/green?

[Jul 26, 2009 5:59:41 PM EDT] InvestorsLive u can see it on chart

[Jul 26, 2009 5:59:44 PM EDT] InvestorsLive previous close = dotted line

[Jul 26, 2009 5:59:49 PM EDT] InvestorsLive so crossing that dotted line

[Jul 26, 2009 5:59:51 PM EDT] InvestorsLive = red/green

[Jul 26, 2009 6:00:11 PM EDT] InvestorsLive I was trading other stuff… so rather than just go blind

[Jul 26, 2009 6:00:19 PM EDT] InvestorsLive I watch it.. b/c it’s active and has a nice range for the day

[Jul 26, 2009 6:00:30 PM EDT] InvestorsLive it consolidated for a good hour and then started perking up for highs again

[Jul 26, 2009 6:00:50 PM EDT] InvestorsLive you’ll see me in chat say “re-test HODs here”

[Jul 26, 2009 6:01:00 PM EDT] InvestorsLive that just happened to be picture perfect of what I look for

[Jul 26, 2009 6:01:12 PM EDT] InvestorsLive and a bunch of us played it.. and sold $5+

[Jul 26, 2009 6:01:22 PM EDT] InvestorsLive whole # again just like I covered some KIRK right under $14

[Jul 26, 2009 6:01:26 PM EDT] Eginter so the real true HOD was around_14:30?

[Jul 26, 2009 6:01:27 PM EDT] InvestorsLive I sell right above $5 pop

[Jul 26, 2009 6:01:29 PM EDT] InvestorsLive just like ACAS

[Jul 26, 2009 6:01:43 PM EDT] InvestorsLive that was the HOD as of_14:30 yes

[Jul 26, 2009 6:01:56 PM EDT] InvestorsLive then it rebroke HOD at_15:27 or so

[Jul 26, 2009 6:02:07 PM EDT] Eginter so it would not have been back up on the HOD list until later at about_15:30?

[Jul 26, 2009 6:02:13 PM EDT] InvestorsLive right

[Jul 26, 2009 6:02:17 PM EDT] InvestorsLive u got it

[Jul 26, 2009 6:02:18 PM EDT] redbull44 IL when did you guys buy this stock?

[Jul 26, 2009 6:02:36 PM EDT] redbull44 SQNM

[Jul 26, 2009 6:02:45 PM EDT] InvestorsLive just like I said.. I missed first run

[Jul 26, 2009 6:02:49 PM EDT] InvestorsLive there was about 7-8 playing it

[Jul 26, 2009 6:02:51 PM EDT] InvestorsLive on red to green

[Jul 26, 2009 6:03:04 PM EDT] InvestorsLive then later on I played it when I said

[Jul 26, 2009 6:03:07 PM EDT] InvestorsLive when it re-tested/broke HOD

[Jul 26, 2009 6:04:08 PM EDT] redbull44 red/green is typically a good sign most of the time?

[Jul 26, 2009 6:04:27 PM EDT] InvestorsLive on green hold

[Jul 26, 2009 6:04:31 PM EDT] InvestorsLive its a sign.. its something to trade off

[Jul 26, 2009 6:04:38 PM EDT] InvestorsLive not always 100%

[Jul 26, 2009 6:04:46 PM EDT] InvestorsLive but gives you a point to consider

[Jul 26, 2009 6:05:00 PM EDT] InvestorsLive like I said to start seminar its been ridiculously hot past 2 weeks

[Jul 26, 2009 6:05:03 PM EDT] InvestorsLive with stocks that run on Monday

[Jul 26, 2009 6:05:07 PM EDT] InvestorsLive dip Tuesday and test red/green

[Jul 26, 2009 6:05:11 PM EDT] Laura Muddy is a strong believer in the dayrangers scan. Higher dayrange stocks. He scans for those every weekend.

[Jul 26, 2009 6:05:14 PM EDT] InvestorsLive or Tues/Weds Thurs/Fri etc

[Jul 26, 2009 6:05:27 PM EDT] Laura Those go green……usually good odds.

[Jul 26, 2009 6:06:11 PM EDT] Laura Too many new members here want to play the risky penny plays. He feels the dayrangers play safer way to build an account when newer.

[Jul 26, 2009 6:06:21 PM EDT] InvestorsLive yes another good point

[Jul 26, 2009 6:06:31 PM EDT] InvestorsLive just cuz small $$ doesn’t mean you can’t make it in higher priced

[Jul 26, 2009 6:06:39 PM EDT] redbull44 can you give me a chart example of “green holds”

[Jul 26, 2009 6:06:49 PM EDT] InvestorsLive AFFX Friday

[Jul 26, 2009 6:06:52 PM EDT] InvestorsLive or ARUN rather

[Jul 26, 2009 6:07:04 PM EDT] Laura If you’ll notice, I’ve been putting up higher priced stocks the past few weeks.

[Jul 26, 2009 6:07:36 PM EDT] InvestorsLive you’ll see ARUN redbull

[Jul 26, 2009 6:07:40 PM EDT] redbull44 yes

[Jul 26, 2009 6:07:40 PM EDT] InvestorsLive_14:30

[Jul 26, 2009 6:07:50 PM EDT] InvestorsLive broke green .. then re-tested

[Jul 26, 2009 6:07:50 PM EDT] InvestorsLive held

[Jul 26, 2009 6:07:53 PM EDT] InvestorsLive then more

[Jul 26, 2009 6:08:08 PM EDT] InvestorsLive AFFX

[Jul 26, 2009 6:08:09 PM EDT] InvestorsLive same thing

[Jul 26, 2009 6:08:12 PM EDT] InvestorsLive_14:30

[Jul 26, 2009 6:08:17 PM EDT] InvestorsLive retest 7.80

[Jul 26, 2009 6:08:23 PM EDT] InvestorsLive then ba bang

[Jul 26, 2009 6:08:40 PM EDT] InvestorsLive you’ll see Muddy and myself do that more so on stocks under $2 I feel

[Jul 26, 2009 6:08:46 PM EDT] InvestorsLive or outta the blue and they pop

[Jul 26, 2009 6:08:57 PM EDT] InvestorsLive not necessarily green hold.. but

[Jul 26, 2009 6:09:07 PM EDT] InvestorsLive x.50 hold x.75 or x.00

[Jul 26, 2009 6:09:18 PM EDT] InvestorsLive forget symbol while back Muddy may remember

[Jul 26, 2009 6:09:23 PM EDT] InvestorsLive started with S

[Jul 26, 2009 6:09:27 PM EDT] InvestorsLive was a thin one.. ran up to $1 buck

[Jul 26, 2009 6:09:31 PM EDT] InvestorsLive he said watch for the pull

[Jul 26, 2009 6:09:33 PM EDT] InvestorsLive aka pull bakc

[Jul 26, 2009 6:09:45 PM EDT] InvestorsLive then held .75-80.. re-test $1 and ran to 2.50 etc

[Jul 26, 2009 6:09:54 PM EDT] InvestorsLive or if a stock goes 1.90 to 2.05 real fast

[Jul 26, 2009 6:09:56 PM EDT] InvestorsLive watch for $2 to hold

[Jul 26, 2009 6:09:58 PM EDT] InvestorsLive before just going blind

[Jul 26, 2009 6:11:42 PM EDT] InvestorsLive Do you guys have any other questions?

[Jul 26, 2009 6:11:48 PM EDT] Eginter what’s the difference b/w IL trades and Muddy‘s trades that you both take? Nothing really except the analysis?

[Jul 26, 2009 6:12:14 PM EDT] InvestorsLive well he has more patience

[Jul 26, 2009 6:12:16 PM EDT] InvestorsLive plays a bit smaller

[Jul 26, 2009 6:12:23 PM EDT] InvestorsLive he goes 3k in every trade

[Jul 26, 2009 6:12:34 PM EDT] InvestorsLive and with that has better risk tolerance

[Jul 26, 2009 6:12:47 PM EDT] InvestorsLive if it dips .10 not as big a deal as if it dips .10 for me

[Jul 26, 2009 6:12:55 PM EDT] InvestorsLive so where I may be itchy

[Jul 26, 2009 6:13:03 PM EDT] InvestorsLive he’s just chillin’ … then gets a big pop 20 min later

[Jul 26, 2009 6:13:08 PM EDT] InvestorsLive but I’m out cuz it didn’t happen

[Jul 26, 2009 6:13:18 PM EDT] InvestorsLive I like to play the move… and then cover/sell portion

[Jul 26, 2009 6:13:21 PM EDT] InvestorsLive and let it roll

[Jul 26, 2009 6:13:30 PM EDT] InvestorsLive which then my portion left is usually his size

[Jul 26, 2009 6:13:38 PM EDT] InvestorsLive which case I’m already green locked in on the trade

[Jul 26, 2009 6:13:42 PM EDT] InvestorsLive and now just letting it play out

[Jul 26, 2009 6:13:51 PM EDT] Eginter 3k shares or $

[Jul 26, 2009 6:13:58 PM EDT] InvestorsLive $3k

[Jul 26, 2009 6:13:58 PM EDT] Laura $$

[Jul 26, 2009 6:14:11 PM EDT] InvestorsLive I play relative to how its been trading

[Jul 26, 2009 6:14:12 PM EDT] InvestorsLive and its range

[Jul 26, 2009 6:14:50 PM EDT] InvestorsLive I also will build onto a position if I tihnk I’m right

[Jul 26, 2009 6:14:53 PM EDT] InvestorsLive and green

[Jul 26, 2009 6:14:59 PM EDT] redbull44 IL typically how long should it “green hold” before jumping in, with AFFX it started_14:30am

[Jul 26, 2009 6:15:22 PM EDT] InvestorsLive just if it holds or not…

[Jul 26, 2009 6:15:27 PM EDT] InvestorsLive see if it continues on its way

[Jul 26, 2009 6:15:31 PM EDT] InvestorsLive or new top = green

[Jul 26, 2009 6:15:36 PM EDT] InvestorsLive like CENX a few days back

[Jul 26, 2009 6:15:40 PM EDT] InvestorsLive couldn’t break back green

[Jul 26, 2009 6:16:33 PM EDT] InvestorsLive CENX Friday

[Jul 26, 2009 6:16:37 PM EDT] InvestorsLive a good example of what I look for

[Jul 26, 2009 6:16:37 PM EDT] InvestorsLive http://bit.ly/7imJN

[Jul 26, 2009 6:16:39 PM EDT] InvestorsLive sideways price action

[Jul 26, 2009 6:16:44 PM EDT] InvestorsLive and either lift.. or fade from it

[Jul 26, 2009 6:17:05 PM EDT] InvestorsLive you’ll see it on nearly 6-7/10 stocks I play

[Jul 26, 2009 6:18:08 PM EDT] redbull44 jump in early on side ways price action and if it goes the wrong way cut losses quickly?

[Jul 26, 2009 6:18:20 PM EDT] InvestorsLive you can

[Jul 26, 2009 6:18:24 PM EDT] Eginter so IL, you either play breakouts or breakdowns essentially?

[Jul 26, 2009 6:18:39 PM EDT] InvestorsLive I judge based on more than that as you know.. volume etc

[Jul 26, 2009 6:18:41 PM EDT] InvestorsLive I watch a lot

[Jul 26, 2009 6:18:47 PM EDT] InvestorsLive yea Eginter

[Jul 26, 2009 6:18:52 PM EDT] InvestorsLive I usually look for THE move

[Jul 26, 2009 6:19:15 PM EDT] InvestorsLive but I play like Muddy more and more

[Jul 26, 2009 6:19:23 PM EDT] InvestorsLive but I still like instant gratifcation

[Jul 26, 2009 6:19:37 PM EDT] Eginter what would playing like Muddy be?

[Jul 26, 2009 6:19:59 PM EDT] InvestorsLive Check the previou two seminars.. we went back to basics

[Jul 26, 2009 6:20:05 PM EDT] InvestorsLive and discussed kinda how he trades with what he sees

[Jul 26, 2009 6:20:08 PM EDT] Eginter ok sorry

[Jul 26, 2009 6:20:09 PM EDT] InvestorsLive rather than what he feels

[Jul 26, 2009 6:20:26 PM EDT] Eginter thanks for great answers IL and Laura

[Jul 26, 2009 6:20:40 PM EDT] InvestorsLive and with his size… 2-3% loss is nothing much

[Jul 26, 2009 6:20:46 PM EDT] InvestorsLive but 10-20% gain = huge

[Jul 26, 2009 6:20:53 PM EDT] InvestorsLive or more like recent

[Jul 26, 2009 6:21:04 PM EDT] InvestorsLive u have to keep in mind we are playing momo stocks

[Jul 26, 2009 6:21:07 PM EDT] InvestorsLive rarely hold over night

[Jul 26, 2009 6:21:25 PM EDT] InvestorsLive normally stocks don’t really fall to far from where we spot them

[Jul 26, 2009 6:21:32 PM EDT] InvestorsLive ether hold/go sideways/sell off a lil

[Jul 26, 2009 6:21:33 PM EDT] InvestorsLive or

[Jul 26, 2009 6:21:38 PM EDT] InvestorsLive ramp.. spike.. rip

[Jul 26, 2009 6:21:44 PM EDT] InvestorsLive not a bad risk/reward

[Jul 26, 2009 6:21:57 PM EDT] InvestorsLive 1 rip can cover 3 hold/go sideways/sell off a lil

[Jul 26, 2009 6:22:25 PM EDT] Laura exactly

[Jul 26, 2009 6:22:32 PM EDT] InvestorsLive I also take note of stocks I see on HOD list

[Jul 26, 2009 6:22:34 PM EDT] InvestorsLive thru the weeks

[Jul 26, 2009 6:22:36 PM EDT] InvestorsLive A LOT

[Jul 26, 2009 6:22:44 PM EDT] InvestorsLive best examples are the most recent breakouts whch

[Jul 26, 2009 6:22:50 PM EDT] InvestorsLive in chat I even mentioned ton of times

[Jul 26, 2009 6:22:52 PM EDT] InvestorsLive like FLEXS

[Jul 26, 2009 6:22:54 PM EDT] InvestorsLive FLEX

[Jul 26, 2009 6:22:58 PM EDT] Gman83 APWR

[Jul 26, 2009 6:23:17 PM EDT] InvestorsLive I said on FLEX at $4

[Jul 26, 2009 6:23:22 PM EDT] InvestorsLive I felt a move was close

[Jul 26, 2009 6:23:27 PM EDT] InvestorsLive real close, and a big move

[Jul 26, 2009 6:23:31 PM EDT] InvestorsLive cuz for the past week and a half

[Jul 26, 2009 6:23:36 PM EDT] InvestorsLive all I did was see it on the HOD lits

[Jul 26, 2009 6:23:38 PM EDT] InvestorsLive not much movement

[Jul 26, 2009 6:23:40 PM EDT] InvestorsLive but what does that mean

[Jul 26, 2009 6:23:47 PM EDT] InvestorsLive most of the buying is on the offer…

[Jul 26, 2009 6:24:02 PM EDT] InvestorsLive same stuff LIOX … OPWV ..

[Jul 26, 2009 6:24:08 PM EDT] InvestorsLive DYAX

[Jul 26, 2009 6:24:15 PM EDT] InvestorsLive the other thing like Mudd has been saying all week as well

[Jul 26, 2009 6:24:15 PM EDT] Laura I have a comment when you are finished IL

[Jul 26, 2009 6:24:26 PM EDT] InvestorsLive all that stuff combined with 52s

[Jul 26, 2009 6:24:34 PM EDT] InvestorsLive = huge

[Jul 26, 2009 6:24:40 PM EDT] InvestorsLive you guys see how many 52s we’ve been playing?

[Jul 26, 2009 6:24:47 PM EDT] Laura 52s rock

[Jul 26, 2009 6:24:59 PM EDT] InvestorsLive but maybe in 3 months.. 52s suck… but

[Jul 26, 2009 6:25:08 PM EDT] InvestorsLive u just gotta go with what works… you never saw us in chat mention 5

[Jul 26, 2009 6:25:09 PM EDT] InvestorsLive 52s

[Jul 26, 2009 6:25:15 PM EDT] InvestorsLive so much than the last 2-3 weeks

[Jul 26, 2009 6:25:23 PM EDT] InvestorsLive they are a point of interest now

[Jul 26, 2009 6:25:33 PM EDT] InvestorsLive just like I said red/green good down.. but if we start going 9200 to 8500

[Jul 26, 2009 6:25:44 PM EDT] InvestorsLive green/red prob comes into play more.. but just have to be able to shift

[Jul 26, 2009 6:25:46 PM EDT] InvestorsLive and notice it

[Jul 26, 2009 6:25:47 PM EDT] InvestorsLive yes L?

[Jul 26, 2009 6:25:55 PM EDT] InvestorsLive or was 52s it? 🙂

[Jul 26, 2009 6:25:59 PM EDT] Laura humff

[Jul 26, 2009 6:26:00 PM EDT] Laura lol

[Jul 26, 2009 6:26:35 PM EDT] Laura I wanted to comment on the reason we don’t play/mention under .01 stocks

[Jul 26, 2009 6:27:13 PM EDT] Laura There are tons of them…….and people think they are alert worthy becuz of volume.

[Jul 26, 2009 6:28:01 PM EDT] Laura Do the math……2,000,000 volume times .005 equals $10,000 traded on the stock that day.

[Jul 26, 2009 6:28:10 PM EDT] Laura NOTHING

[Jul 26, 2009 6:28:45 PM EDT] Laura That’s why we discourage posting those.

[Jul 26, 2009 6:28:46 PM EDT] InvestorsLive weeeeeee

[Jul 26, 2009 6:28:49 PM EDT] Laura NO volume

[Jul 26, 2009 6:28:59 PM EDT] InvestorsLive we like to trade stocks based on how they are trading..

[Jul 26, 2009 6:29:04 PM EDT] InvestorsLive not what one seller can do

[Jul 26, 2009 6:29:11 PM EDT] InvestorsLive some of them do awesome things.. yes.. sure

[Jul 26, 2009 6:29:15 PM EDT] InvestorsLive we miss out on some but

[Jul 26, 2009 6:29:21 PM EDT] InvestorsLive when one seller can make a stock go down 30%

[Jul 26, 2009 6:29:25 PM EDT] InvestorsLive %%% it

[Jul 26, 2009 6:29:25 PM EDT] Laura sure can. but not many do

[Jul 26, 2009 6:29:47 PM EDT] InvestorsLive stuff trading millions are ok.. but this isn’t the chat for it

[Jul 26, 2009 6:30:00 PM EDT] InvestorsLive like IDOI I like a lot.. POS subber

[Jul 26, 2009 6:30:00 PM EDT] Laura right

[Jul 26, 2009 6:30:10 PM EDT] InvestorsLive or SPNG

[Jul 26, 2009 6:30:12 PM EDT] InvestorsLive when it was hot

[Jul 26, 2009 6:30:18 PM EDT] InvestorsLive or stuff going .0008 to .002

[Jul 26, 2009 6:30:21 PM EDT] InvestorsLive but it just clogs

[Jul 26, 2009 6:30:39 PM EDT] InvestorsLive like LLBO

[Jul 26, 2009 6:30:41 PM EDT] InvestorsLive sick of that symbol

[Jul 26, 2009 6:30:48 PM EDT] InvestorsLive thats why I called it like CTIC

[Jul 26, 2009 6:30:52 PM EDT] Laura yes, and newbs clog it for no reason with the lack of volume

[Jul 26, 2009 6:30:53 PM EDT] InvestorsLive turns into pumpish

[Jul 26, 2009 6:31:11 PM EDT] InvestorsLive anyhow regarding FLEX

[Jul 26, 2009 6:31:13 PM EDT] InvestorsLive [Jul 13, 2009 8:16:49 AM EDT] InvestorsLive FLEX HOD test.. this has been on HOD list for weeks every day… got a feeling powerhouse move soon

[Jul 26, 2009 6:31:19 PM EDT] InvestorsLive fyi 🙂

[Jul 26, 2009 6:31:35 PM EDT] InvestorsLive http://www.investorsunderground.com/2009/07/13/trading-hour-chat-logs-128/

[Jul 26, 2009 6:31:43 PM EDT] InvestorsLive that’s one thing I watch for

[Jul 26, 2009 6:31:50 PM EDT] InvestorsLive when I see stuff on HOD list a lot lot lot

[Jul 26, 2009 6:33:02 PM EDT] InvestorsLive SCLN another good 52s one

[Jul 26, 2009 6:33:06 PM EDT] InvestorsLive that I’ve been swinging

[Jul 26, 2009 6:33:12 PM EDT] InvestorsLive [Jul 15, 2009 8:16:10 PM EDT] InvestorsLive sweet SCLN nearing highs [Jul 15, 2009 8:16:22 PM EDT] InvestorsLive I swung that in my friends acct

[Jul 26, 2009 6:33:23 PM EDT] InvestorsLive [Jul 21, 2009 8:04:06 AM EDT] InvestorsLive SCLN nice swinging this still

[Jul 26, 2009 6:33:43 PM EDT] InvestorsLive but I sold 1/2 I think I said in chat one day

[Jul 26, 2009 6:33:52 PM EDT] InvestorsLive prob sell remainder too

[Jul 26, 2009 6:34:07 PM EDT] InvestorsLive another other questions?

[Jul 26, 2009 6:35:29 PM EDT] DavidL Is your criteria for swings similar to the day trades only on a longer time scale?

[Jul 26, 2009 6:36:01 PM EDT] InvestorsLive its basically the same set ups yea

[Jul 26, 2009 6:36:05 PM EDT] InvestorsLive I look for breaks off consolidation

[Jul 26, 2009 6:36:19 PM EDT] InvestorsLive or DYAX

[Jul 26, 2009 6:36:28 PM EDT] InvestorsLive if I had any patience at all could make doubles with eyes closed lol

[Jul 26, 2009 6:36:43 PM EDT] InvestorsLive DYAX was 2.25 break

[Jul 26, 2009 6:36:48 PM EDT] InvestorsLive back 2nd or 3rd of July

[Jul 26, 2009 6:36:53 PM EDT] InvestorsLive many of u guys played if u remmeber

[Jul 26, 2009 6:36:58 PM EDT] InvestorsLive I tihnk 2.18 was my entry or 2.21

[Jul 26, 2009 6:36:59 PM EDT] InvestorsLive I think the later

[Jul 26, 2009 6:37:33 PM EDT] pathan786 importance of stocks ending the day on hods ? with respect to o/n holds

[Jul 26, 2009 6:37:36 PM EDT] InvestorsLive I use my scans b/c its breaks off consoldation, volume etc

[Jul 26, 2009 6:37:53 PM EDT] InvestorsLive strong close can carry over pathan

[Jul 26, 2009 6:37:56 PM EDT] InvestorsLive especially in this market

[Jul 26, 2009 6:38:00 PM EDT] InvestorsLive but go back a few months

[Jul 26, 2009 6:38:05 PM EDT] InvestorsLive throw a dart

[Jul 26, 2009 6:38:08 PM EDT] InvestorsLive gap up or gap down every day

[Jul 26, 2009 6:38:25 PM EDT] Rich when scanning red/breen moves you are using DAS trader pro? program?

[Jul 26, 2009 6:38:41 PM EDT] InvestorsLive yea its just stocks in play

[Jul 26, 2009 6:38:42 PM EDT] InvestorsLive for the day

[Jul 26, 2009 6:38:47 PM EDT] InvestorsLive or day before rather

[Jul 26, 2009 6:38:49 PM EDT] InvestorsLive active ones

[Jul 26, 2009 6:38:56 PM EDT] InvestorsLive that why my scans i dont care if they are up a lot

[Jul 26, 2009 6:39:01 PM EDT] InvestorsLive I am looking for stocks with range

[Jul 26, 2009 6:39:12 PM EDT] aggie2006 good evening everyone

[Jul 26, 2009 6:39:35 PM EDT] InvestorsLive [Wed Jul 01_11:29:13 EDT 2009] InvestorsLive grabbed some DYAX [Wed Jul 01_11:29:19 EDT 2009] InvestorsLive will add on $2.25 break with vol

[Jul 26, 2009 6:39:47 PM EDT] InvestorsLive [Wed Jul 01_14:15:08 EDT 2009] InvestorsLive DYAX my only red .. but like chart

[Jul 26, 2009 6:40:07 PM EDT] InvestorsLive “DYAX same thing Wednesday I bought.. 2.21ish didn’t break then but held… Thursday mentioned again many times that if 2.30 broke it was going to roll.. sure enough another big gainer for us”

[Jul 26, 2009 6:40:08 PM EDT] InvestorsLive http://www.investorsunderground.com/2009/07/05/scans-for-070609-from-InvestorsLive/

[Jul 26, 2009 6:40:17 PM EDT] InvestorsLive those are the bottom formations I look for similar to CLWR

[Jul 26, 2009 6:40:20 PM EDT] InvestorsLive and then watch for that next break

[Jul 26, 2009 6:40:23 PM EDT] InvestorsLive like I said earlier

[Jul 26, 2009 6:40:49 PM EDT] InvestorsLive but David..

[Jul 26, 2009 6:40:56 PM EDT] InvestorsLive take a look at that DYAX scan

[Jul 26, 2009 6:41:06 PM EDT] InvestorsLive compare it to what I look for on that SQNM

[Jul 26, 2009 6:41:09 PM EDT] InvestorsLive that I posted earlier

[Jul 26, 2009 6:41:12 PM EDT] InvestorsLive 1 min vs. 3 month

[Jul 26, 2009 6:41:15 PM EDT] InvestorsLive you’ll see its the same stuff

[Jul 26, 2009 6:43:29 PM EDT] aggie2006 http://www.flickr.com/photos/40833069@N05/

[Jul 26, 2009 6:43:39 PM EDT] aggie2006 i took a few pics of the car i rented for 2 days 🙂

[Jul 26, 2009 6:43:44 PM EDT] InvestorsLive aggie in middle of seminar

[Jul 26, 2009 6:43:53 PM EDT] InvestorsLive any other questions guys?

[Jul 26, 2009 6:43:55 PM EDT] aggie2006 my bad

[Jul 26, 2009 6:44:19 PM EDT] DavidL Thanks IL, yeah that DYAX loooong consolidation

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