[May 9, 2010 12:00:17 PM EDT] timdogge happy mudders day iu, da mudder of all chatrooms….
[May 9, 2010 5:33:02 PM EDT] Nate Wow futures down big
[May 9, 2010 5:35:10 PM EDT] Seq hey whens the seminar begin?
[May 9, 2010 5:44:04 PM EDT] BearNine 8
[May 9, 2010 5:48:28 PM EDT] Seq great
[May 9, 2010 6:09:11 PM EDT] pdicamillo1 these futures up 21
[May 9, 2010 6:13:32 PM EDT] InvestorsLive which ?
[May 9, 2010 6:13:44 PM EDT] pdicamillo1 s and p e-minis
[May 9, 2010 6:13:51 PM EDT] InvestorsLive hmm
[May 9, 2010 6:13:54 PM EDT] pdicamillo1 now 18.75
[May 9, 2010 6:14:02 PM EDT] InvestorsLive in the past 15 minutes?
[May 9, 2010 6:14:04 PM EDT] InvestorsLive they make that move?
[May 9, 2010 6:14:13 PM EDT] pdicamillo1 just keep printing money to solve the problems
[May 9, 2010 6:14:20 PM EDT] InvestorsLive I’m not using TOS just bloomberg
[May 9, 2010 6:14:25 PM EDT] InvestorsLive but they still show down -122 pts
[May 9, 2010 6:14:27 PM EDT] pdicamillo1 they just reopened at 6
[May 9, 2010 6:14:35 PM EDT] InvestorsLive they open at 5 i thought
[May 9, 2010 6:14:41 PM EDT] pdicamillo1 6 eastern
[May 9, 2010 6:14:45 PM EDT] InvestorsLive ah
[May 9, 2010 6:15:40 PM EDT] InvestorsLive u 100% sure
[May 9, 2010 6:15:56 PM EDT] InvestorsLive ah yea I guess cnn shows it
[May 9, 2010 6:15:59 PM EDT] InvestorsLive http://money.cnn.com/data/premarket/
[May 9, 2010 6:16:02 PM EDT] InvestorsLive better than bloomberg
[May 9, 2010 6:16:04 PM EDT] InvestorsLive i dont have TOS on this one
[May 9, 2010 6:16:11 PM EDT] pdicamillo1 these are trading in a range since 6 from up 17 to 22
[May 9, 2010 6:16:11 PM EDT] InvestorsLive everything on internet says 5pm tho
[May 9, 2010 6:16:13 PM EDT] InvestorsLive weird
[May 9, 2010 6:16:28 PM EDT] InvestorsLive brb
[May 9, 2010 7:21:02 PM EDT] InvestorsLive u guys want to learn anything tonight
[May 9, 2010 7:21:05 PM EDT] InvestorsLive send in some questionzz
[May 9, 2010 7:21:10 PM EDT] InvestorsLive got a few
[May 9, 2010 7:22:17 PM EDT] bmon leap
[May 9, 2010 7:23:11 PM EDT] InvestorsLive leapp
[May 9, 2010 7:23:28 PM EDT] InvestorsLive finally used my AMEX points bmon ha
[May 9, 2010 7:23:34 PM EDT] InvestorsLive Vegas flight
[May 9, 2010 7:23:40 PM EDT] bmon niiiiiice!
[May 9, 2010 7:23:44 PM EDT] InvestorsLive + flight for my buddy
[May 9, 2010 7:23:45 PM EDT] InvestorsLive he can give me $$
[May 9, 2010 7:23:49 PM EDT] bmon lol
[May 9, 2010 7:23:54 PM EDT] InvestorsLive 2 tickets = free not bad
[May 9, 2010 7:23:59 PM EDT] bmon who you flying thru
[May 9, 2010 7:24:03 PM EDT] bmon def not!
[May 9, 2010 7:24:05 PM EDT] InvestorsLive jetblue way home and umm
[May 9, 2010 7:24:12 PM EDT] InvestorsLive us airways on way there
[May 9, 2010 7:24:23 PM EDT] InvestorsLive wanted to get there earlier than 8PM on Thurs
[May 9, 2010 7:24:38 PM EDT] bmon nice you leave after mkt close or what
[May 9, 2010 7:24:57 PM EDT] InvestorsLive 6pm
[May 9, 2010 7:25:20 PM EDT] bmon how long does it take from boston to vegas anyways
[May 9, 2010 7:25:33 PM EDT] InvestorsLive 5
[May 9, 2010 7:25:44 PM EDT] InvestorsLive 4.25 on way home usually – catch a turbo stream lol
[May 9, 2010 7:26:15 PM EDT] bmon wow thats a long flight
[May 9, 2010 7:26:24 PM EDT] bmon haha turbooooooo zooooom
[May 9, 2010 7:26:53 PM EDT] InvestorsLive my other buddies leaving day time but
[May 9, 2010 7:26:56 PM EDT] InvestorsLive i wanted direct flight
[May 9, 2010 7:27:03 PM EDT] InvestorsLive its only $100 more
[May 9, 2010 7:27:05 PM EDT] InvestorsLive saves u 3 hrs
[May 9, 2010 7:27:20 PM EDT] bmon yeah for sure….direct flight is only way to roll
[May 9, 2010 7:27:24 PM EDT] bmon johnthegeek whats up
[May 9, 2010 7:27:26 PM EDT] InvestorsLive well worth it
[May 9, 2010 7:27:27 PM EDT] jonthegreek1 Where do I got to see the seminar tonight?
[May 9, 2010 7:27:33 PM EDT] bmon right here john
[May 9, 2010 7:27:40 PM EDT] jonthegreek1 thanks so much
[May 9, 2010 7:27:43 PM EDT] InvestorsLive jon not john bmon
[May 9, 2010 7:27:45 PM EDT] InvestorsLive read his name
[May 9, 2010 7:27:45 PM EDT] bmon jon geez i cant spell
[May 9, 2010 7:27:45 PM EDT] InvestorsLive sheesh
[May 9, 2010 7:27:47 PM EDT] bmon lmfao
[May 9, 2010 7:27:50 PM EDT] InvestorsLive jon u greek by chance?
[May 9, 2010 7:27:57 PM EDT] InvestorsLive I know
[May 9, 2010 7:27:58 PM EDT] jonthegreek1 what gave me away
[May 9, 2010 7:27:58 PM EDT] InvestorsLive random question
[May 9, 2010 7:27:59 PM EDT] bmon ohhh greek not geek my bad
[May 9, 2010 7:28:17 PM EDT] bmon at least i got “the” correct!
[May 9, 2010 7:28:41 PM EDT] jonthegreek1 its the effort that counts
[May 9, 2010 7:28:50 PM EDT] bmon thats what she said!
[May 9, 2010 7:29:01 PM EDT] jonthegreek1 oh god
[May 9, 2010 7:29:05 PM EDT] bmon any scans IL?
[May 9, 2010 7:29:17 PM EDT] InvestorsLive doing ’em
[May 9, 2010 7:35:06 PM EDT] InvestorsLive APCX got the pumpathon
[May 9, 2010 7:41:07 PM EDT] InvestorsLive bmon shot u a PM
[May 9, 2010 7:41:16 PM EDT] InvestorsLive but also – on my scan mostly ETFs
[May 9, 2010 7:41:18 PM EDT] InvestorsLive boo ha
[May 9, 2010 7:41:27 PM EDT] InvestorsLive that’s when u know the mkt in the gutter
[May 9, 2010 7:43:06 PM EDT] InvestorsLive ABKI keeps inching
[May 9, 2010 7:43:22 PM EDT] jeremy20 I was in Vegas all week cant wait to go back
[May 9, 2010 7:43:49 PM EDT] Laura lol ETFs IL
[May 9, 2010 7:44:06 PM EDT] Laura we call it a DIG DUG DOG day when we see that sh*t
[May 9, 2010 7:45:14 PM EDT] bmon same here IL haha
[May 9, 2010 7:45:14 PM EDT] InvestorsLive haha
[May 9, 2010 7:45:24 PM EDT] bmon i didnt even put up scan charts jsut nasty
[May 9, 2010 7:45:43 PM EDT] bmon TZA been my fav etf lately
[May 9, 2010 7:45:48 PM EDT] bmon been trading nice
[May 9, 2010 7:47:51 PM EDT] InvestorsLive LVS my favorite ETF
[May 9, 2010 7:47:52 PM EDT] InvestorsLive lol
[May 9, 2010 7:48:51 PM EDT] InvestorsLive TYP super range there
[May 9, 2010 7:48:57 PM EDT] InvestorsLive actually hit higher than on Thursday
[May 9, 2010 7:48:59 PM EDT] InvestorsLive on Friday
[May 9, 2010 7:49:05 PM EDT] InvestorsLive that’s pretty interesting
[May 9, 2010 7:49:17 PM EDT] bmon lol!
[May 9, 2010 7:49:20 PM EDT] bmon yeah for sure
[May 9, 2010 7:49:23 PM EDT] InvestorsLive u know what is great
[May 9, 2010 7:49:24 PM EDT] InvestorsLive GS was green
[May 9, 2010 7:49:25 PM EDT] InvestorsLive on Friday
[May 9, 2010 7:49:26 PM EDT] InvestorsLive lol
[May 9, 2010 7:49:41 PM EDT] bmon i had 1 stock all day hit 52s and that was BIOD
[May 9, 2010 7:49:56 PM EDT] bmon usually im used to beep beep beep
[May 9, 2010 7:50:26 PM EDT] bmon GS yeah that chart wow haha
[May 9, 2010 7:51:09 PM EDT] jonthegreek1 is this going to be a video seminar?
[May 9, 2010 7:52:05 PM EDT] InvestorsLive no
[May 9, 2010 7:52:24 PM EDT] InvestorsLive it’s just a Q and A members sent in some questions – but we spend a solid 2 hours answering any questions subscribers may have
[May 9, 2010 7:52:36 PM EDT] InvestorsLive if no one sends in they are quick – but we open it up regardless
[May 9, 2010 7:52:41 PM EDT] InvestorsLive we have them all archived as well
[May 9, 2010 7:52:43 PM EDT] InvestorsLive off the dashboard
[May 9, 2010 7:53:18 PM EDT] jonthegreek1 great thanks
[May 9, 2010 7:53:37 PM EDT] InvestorsLive So funny – this guy that signed up to my email list
[May 9, 2010 7:53:40 PM EDT] InvestorsLive it always bounce sback
[May 9, 2010 7:53:44 PM EDT] InvestorsLive this is his name
[May 9, 2010 7:53:48 PM EDT] InvestorsLive Russian Forum Spammer to me
[May 9, 2010 7:53:59 PM EDT] InvestorsLive Delete This Account! I Am A Forum Spammer! This email address was created solely to register automatically at thousands of forums for the purposes of spamming forums like yours. I have taken it over and created this autoresponder. Remove this account and any other account registered with this email address! You should also consider making the password requirements for your forum much more stringent.
[May 9, 2010 7:54:09 PM EDT] InvestorsLive http://randomdigilante.blogspot.com/
[May 9, 2010 7:54:10 PM EDT] InvestorsLive so funny
[May 9, 2010 7:54:24 PM EDT] Laura yes welcome jon! just hang in the room for a few weeks to get the feel for it here.
[May 9, 2010 7:55:17 PM EDT] jonthegreek1 @ Laura I will i am trying to learn but i seem to be missing the secret hoping to learn it here
[May 9, 2010 7:56:51 PM EDT] InvestorsLive Laura usually keeps secrets
[May 9, 2010 7:57:21 PM EDT] jonthegreek1 i could tell that… there is something about her
[May 9, 2010 7:57:26 PM EDT] InvestorsLive yes
[May 9, 2010 7:57:31 PM EDT] Hawk29 What woman doesn’t?
[May 9, 2010 7:57:41 PM EDT] InvestorsLive now now
[May 9, 2010 7:57:42 PM EDT] InvestorsLive its Mothers day
[May 9, 2010 7:57:49 PM EDT] InvestorsLive ::laugh
[May 9, 2010 8:00:03 PM EDT] Laura haha guys
[May 9, 2010 8:00:09 PM EDT] Laura very funny 🙂
[May 9, 2010 8:01:03 PM EDT] InvestorsLive Welcome guys – few new members – for those that just joined I would suggest sitting back and reviewing some of the recent seminars – they are all named now… and see how we do it for a week – then pound away questions after hours any night or next Saturday/Sunday
[May 9, 2010 8:01:25 PM EDT] InvestorsLive I received a few questions for seminar tonight – I will go over those first then we’ll open it right up
[May 9, 2010 8:01:36 PM EDT] InvestorsLive if you have a question on topic feel free to just ask it – otherwise just wait til after
[May 9, 2010 8:01:52 PM EDT] InvestorsLive “Can you go over how to identify tradable nasdaq stocks, vol, range, pivots, etc , thanks!!”
[May 9, 2010 8:02:31 PM EDT] InvestorsLive This is pretty easy – first of all the first thing we use is Pre List
[May 9, 2010 8:02:43 PM EDT] InvestorsLive The Pre List identifies what is “hot” for any given day
[May 9, 2010 8:03:16 PM EDT] InvestorsLive sometimes I get PMs and they are like “only 5 of the 20 stocks on the pre list ended green today” “How are we supposed to make money”
[May 9, 2010 8:03:25 PM EDT] InvestorsLive The pre list is NOT a list of stocks to buy
[May 9, 2010 8:03:43 PM EDT] InvestorsLive its a list identified of stocks on watch for that day
[May 9, 2010 8:03:49 PM EDT] InvestorsLive that’s the first place I look for what I may trade
[May 9, 2010 8:04:10 PM EDT] InvestorsLive other times I look for stocks I am familiar with or that have been in a tight range for a long time and finally breaking out of it
[May 9, 2010 8:04:14 PM EDT] InvestorsLive either to the upside or downside
[May 9, 2010 8:04:15 PM EDT] InvestorsLive ie: LVS
[May 9, 2010 8:04:47 PM EDT] InvestorsLive The range the past few days on LVS has been giving .40-1.00 bounces literally on the hour or 2
[May 9, 2010 8:04:59 PM EDT] InvestorsLive or 4-5 .40 cents trades within an hour
[May 9, 2010 8:05:15 PM EDT] InvestorsLive this is a hard market to just say I’m going long at open because its strong
[May 9, 2010 8:05:33 PM EDT] fairah u mean long tomorrow morning ?
[May 9, 2010 8:05:35 PM EDT] InvestorsLive chances are by mid day or end of day it probably reverses trend
[May 9, 2010 8:05:47 PM EDT] InvestorsLive any day fairah
[May 9, 2010 8:06:00 PM EDT] InvestorsLive that’s why if you’re going to trade this market you have to be ok with taking gains
[May 9, 2010 8:06:09 PM EDT] InvestorsLive what’s green in the AM may not hold through the day
[May 9, 2010 8:06:15 PM EDT] InvestorsLive these are very volatile times right now
[May 9, 2010 8:06:25 PM EDT] fairah ok alway go long on open and get out by miday.. got it
[May 9, 2010 8:06:30 PM EDT] Laura noooooooooooooo
[May 9, 2010 8:06:32 PM EDT] InvestorsLive ?
[May 9, 2010 8:06:39 PM EDT] InvestorsLive not time for jokes fairah
[May 9, 2010 8:06:54 PM EDT] InvestorsLive same thing on opposite
[May 9, 2010 8:06:56 PM EDT] Laura yeah, please no jokes
[May 9, 2010 8:07:03 PM EDT] InvestorsLive maybe it opens hugely red
[May 9, 2010 8:07:12 PM EDT] InvestorsLive in this market it’s very possible
[May 9, 2010 8:07:16 PM EDT] InvestorsLive it moves to the green
[May 9, 2010 8:07:20 PM EDT] fairah sorry i wasnt joing, i thought thats what u meant
[May 9, 2010 8:07:41 PM EDT] Laura read careful what IL said
[May 9, 2010 8:07:51 PM EDT] jonthegreek1 I think fairah is asking what are the signals that the stock is going to turn so she can buy or sell
[May 9, 2010 8:07:51 PM EDT] rockchalk Hi i am new…is this where the seminar takes place?
[May 9, 2010 8:08:18 PM EDT] fairah he
[May 9, 2010 8:08:19 PM EDT] InvestorsLive yes rock – please just PM questions or wait til end of current
[May 9, 2010 8:08:28 PM EDT] mark123 but when u enter a trade on LVS fro example what is ur stop like i remember once friday u were stoped out but still did very wel overall ??
[May 9, 2010 8:08:37 PM EDT] InvestorsLive so point is – this is a good market to be taking gains when ur up nicely
[May 9, 2010 8:08:45 PM EDT] InvestorsLive and don’t turn your profitable trades into losers
[May 9, 2010 8:08:51 PM EDT] InvestorsLive I see a lot of people turning nice green trades into red ones
[May 9, 2010 8:08:53 PM EDT] InvestorsLive because they just hold
[May 9, 2010 8:09:15 PM EDT] InvestorsLive I don’t think I stopped out once on Friday mark
[May 9, 2010 8:09:23 PM EDT] InvestorsLive I will double check – don’t recall
[May 9, 2010 8:10:08 PM EDT] InvestorsLive most times I was averaging into my big short on Friday
[May 9, 2010 8:10:14 PM EDT] InvestorsLive cuz you can’t just go sizely all at once
[May 9, 2010 8:10:16 PM EDT] mark123 LVS u covered maybe very quickly and said shoulda went long to maybe it wasnt a stop i thought it was ?
[May 9, 2010 8:10:37 PM EDT] InvestorsLive nah stop is usually on the adverse move against you
[May 9, 2010 8:10:44 PM EDT] InvestorsLive not on profit
[May 9, 2010 8:11:31 PM EDT] InvestorsLive anyway check chat logs and lemme know if specific question on a specific trade
[May 9, 2010 8:11:43 PM EDT] InvestorsLive going back to Original question – (May 09-20:01) InvestorsLive: “Can you go over how to identify tradable nasdaq stocks, vol, range, pivots, etc , thanks!!”
[May 9, 2010 8:11:56 PM EDT] InvestorsLive that’s the main thing – Pre list –> BIG GAPPERS .. pharmas
[May 9, 2010 8:12:06 PM EDT] InvestorsLive especially ones that have a .50-1.50 range already pre market
[May 9, 2010 8:12:08 PM EDT] mark123 ok but my point is things were moving so quick on friday how do u decide when to cover early when to wait when to enter hope im not making u crazy just wondering if u setup some sorta system ??
[May 9, 2010 8:12:11 PM EDT] InvestorsLive usually are great traders during the day
[May 9, 2010 8:12:31 PM EDT] InvestorsLive secondly volume – higher than average – if its surpassed the priors day or weeks volume in pre market – already know its going to be a good trader
[May 9, 2010 8:12:46 PM EDT] InvestorsLive range/pivots – same thing we always talk about in seminar .. whole #s … LOD/HODs
[May 9, 2010 8:12:53 PM EDT] InvestorsLive watch for topping action … prior tops
[May 9, 2010 8:12:57 PM EDT] InvestorsLive pre market highs
[May 9, 2010 8:12:58 PM EDT] InvestorsLive pre market lows
[May 9, 2010 8:13:06 PM EDT] Laura and also knowing a lot of past behaviour on Naz stocks helps
[May 9, 2010 8:13:39 PM EDT] InvestorsLive mark – I just traded when I said – used 1 min charts – watched the trend and made my trades from there – no system
[May 9, 2010 8:13:48 PM EDT] InvestorsLive 1 min chart + volume / candlestick – that’s it
[May 9, 2010 8:14:09 PM EDT] InvestorsLive Also knowing former runners like L said – we always say former runners former runners etc
[May 9, 2010 8:14:17 PM EDT] InvestorsLive the main point here is PEOPLE REMEMBER stocks
[May 9, 2010 8:14:24 PM EDT] InvestorsLive people say .. hey that moved HUGE last time
[May 9, 2010 8:14:26 PM EDT] vin4356 IL, do u use cross 10/60?
[May 9, 2010 8:14:28 PM EDT] yyyguy so a high ADR-30 is not as important as what it has already done intraday, including pre?
[May 9, 2010 8:14:39 PM EDT] InvestorsLive with the eyes in chat – usually we are on top of things before many see it…
[May 9, 2010 8:14:47 PM EDT] InvestorsLive then let the slow pokes come in that know it ran in the past
[May 9, 2010 8:14:54 PM EDT] InvestorsLive and cause a secondary pop – and take ur profits
[May 9, 2010 8:14:56 PM EDT] InvestorsLive vin – no
[May 9, 2010 8:15:16 PM EDT] InvestorsLive yyyguy – that’s a question for Muddy I don’t even watch ADR I just see it visually
[May 9, 2010 8:15:21 PM EDT] InvestorsLive for example
[May 9, 2010 8:15:28 PM EDT] InvestorsLive sometimes I get PMs saying hey check out XYZ
[May 9, 2010 8:15:37 PM EDT] InvestorsLive and the chart its been in a .10-.20 cent channel for months
[May 9, 2010 8:15:49 PM EDT] InvestorsLive and that day its traded between 1.40 and 1.44
[May 9, 2010 8:15:58 PM EDT] InvestorsLive for th emonth its traded 1.35 – 1.50
[May 9, 2010 8:16:07 PM EDT] InvestorsLive theres ZERO range there
[May 9, 2010 8:16:13 PM EDT] InvestorsLive wake me up if 1.50 breaks WITH VOLUME
[May 9, 2010 8:16:22 PM EDT] Laura yyyguy, ADR is something to watch while you scan
[May 9, 2010 8:16:32 PM EDT] Laura not an intraday tool
[May 9, 2010 8:16:41 PM EDT] marketmaker1177 so when ur “hot stock” goes to your chart to see wheres its been, do you look at 6 month chart or 3 month or which one to see prior tops and range?
[May 9, 2010 8:17:04 PM EDT] InvestorsLive right MM – same as always always consult 3-6 month c hart
[May 9, 2010 8:17:05 PM EDT] InvestorsLive chart
[May 9, 2010 8:17:11 PM EDT] InvestorsLive if u can’t see it in 3 months view it in 6 months
[May 9, 2010 8:17:11 PM EDT] marketmaker1177 k cool
[May 9, 2010 8:17:12 PM EDT] Laura yes,we do too
[May 9, 2010 8:17:26 PM EDT] Laura want to see the range/vol
[May 9, 2010 8:17:36 PM EDT] InvestorsLive if a chart is super choppy ie: no real trend
[May 9, 2010 8:17:39 PM EDT] InvestorsLive I usually leave it alone
[May 9, 2010 8:17:40 PM EDT] Laura and that tells you if it’s a nasdaq worth playing
[May 9, 2010 8:18:29 PM EDT] InvestorsLive but if it’s on scans… coming off 3 month support at let’s say $4 … currently trading 4.20 and nearing a 3 month top at 4.30 I’m more likely to buy that $4.30 break w/ bigger size knowing my downside risk isn’t too bad
[May 9, 2010 8:18:59 PM EDT] InvestorsLive vs a stock that may be coming off $4 … currently $4.75 but always is choppy to 5-7 back to 4 etc
[May 9, 2010 8:19:04 PM EDT] InvestorsLive I look for a trend that I can be familiar with
[May 9, 2010 8:19:16 PM EDT] InvestorsLive like RDN for example
[May 9, 2010 8:19:20 PM EDT] InvestorsLive when I short it…
[May 9, 2010 8:19:29 PM EDT] InvestorsLive 2 weeks ago
[May 9, 2010 8:19:41 PM EDT] InvestorsLive not saying I knew it was pulling back and they’d get an offering and all that jazz
[May 9, 2010 8:19:47 PM EDT] InvestorsLive but I look at the 3 month chart
[May 9, 2010 8:19:52 PM EDT] InvestorsLive it was the first day that it cracked
[May 9, 2010 8:19:55 PM EDT] InvestorsLive lemme tinypic it
[May 9, 2010 8:19:55 PM EDT] InvestorsLive 1 sec
[May 9, 2010 8:20:37 PM EDT] InvestorsLive http://i39.tinypic.com/e5fu6b.png
[May 9, 2010 8:20:52 PM EDT] InvestorsLive I’m not saying this was obvious short down to $9
[May 9, 2010 8:20:57 PM EDT] InvestorsLive cuz who knew.. easy in hindsight
[May 9, 2010 8:21:06 PM EDT] InvestorsLive but that day I went sizely as u know at 17.50
[May 9, 2010 8:21:09 PM EDT] InvestorsLive why?
[May 9, 2010 8:21:13 PM EDT] InvestorsLive well look at the 3 month chart
[May 9, 2010 8:21:18 PM EDT] InvestorsLive it was toppy off just above $18
[May 9, 2010 8:21:24 PM EDT] Laura and the sector the same
[May 9, 2010 8:21:24 PM EDT] InvestorsLive then cracked under the $18 that day
[May 9, 2010 8:21:34 PM EDT] InvestorsLive I know my risk vs. reward on a stock that’s come up from NOTIHNG
[May 9, 2010 8:21:39 PM EDT] InvestorsLive over the past 6 months
[May 9, 2010 8:21:43 PM EDT] InvestorsLive red day…
[May 9, 2010 8:21:49 PM EDT] InvestorsLive cracked prior support 17.50
[May 9, 2010 8:22:12 PM EDT] InvestorsLive and I stated in chat – averaging into RDN short 17.49 ? I think and I will add to a sizeable position as long as it stays under $17.50
[May 9, 2010 8:22:27 PM EDT] InvestorsLive but u can see on that chart (the reverse of what I just explained on the long side)
[May 9, 2010 8:23:00 PM EDT] InvestorsLive I covered nice and early of course but point is
[May 9, 2010 8:23:04 PM EDT] InvestorsLive 3 month chart shows the risk
[May 9, 2010 8:23:05 PM EDT] InvestorsLive the range
[May 9, 2010 8:23:19 PM EDT] InvestorsLive take a look at MEE
[May 9, 2010 8:23:42 PM EDT] InvestorsLive http://i40.tinypic.com/milwfa.png
[May 9, 2010 8:23:54 PM EDT] InvestorsLive (also I know these are ‘higher priced’ but I apply it to all levels
[May 9, 2010 8:23:56 PM EDT] InvestorsLive just easier to show
[May 9, 2010 8:24:02 PM EDT] InvestorsLive MEE – on a washout to the downside
[May 9, 2010 8:24:07 PM EDT] InvestorsLive which way would I play?
[May 9, 2010 8:24:27 PM EDT] InvestorsLive Is my risk better to short a panic $1-2 dollar drop or scalp the long side
[May 9, 2010 8:24:30 PM EDT] InvestorsLive based on the 3 month chart
[May 9, 2010 8:24:41 PM EDT] InvestorsLive (and on that note … what have I been doing in chat?)
[May 9, 2010 8:25:35 PM EDT] InvestorsLive (jepordy theme song)
[May 9, 2010 8:25:44 PM EDT] InvestorsLive jeopardy**
[May 9, 2010 8:25:50 PM EDT] jonthegreek1 im scared of alex tribec
[May 9, 2010 8:26:04 PM EDT] Abraxas scalp the long side……?
[May 9, 2010 8:26:12 PM EDT] InvestorsLive correct Abrax
[May 9, 2010 8:26:14 PM EDT] InvestorsLive thank you
[May 9, 2010 8:26:20 PM EDT] InvestorsLive some1 is awake lol
[May 9, 2010 8:26:39 PM EDT] Abraxas you keep reminding me to not short panic drops 😉
[May 9, 2010 8:26:42 PM EDT] InvestorsLive but yes, just buy looking at that chart – its obvious that I wouldn’t want to be shorting into a panic there’s a greater chance that it snaps back quicker
[May 9, 2010 8:26:44 PM EDT] marketmaker1177 but wheres the support to say go long
[May 9, 2010 8:27:01 PM EDT] InvestorsLive than to just short into panic cuz it’s already beat down
[May 9, 2010 8:27:19 PM EDT] InvestorsLive who cares on hard support levels
[May 9, 2010 8:27:27 PM EDT] InvestorsLive You don’t need any of that – its beyond it
[May 9, 2010 8:27:34 PM EDT] InvestorsLive I’m talking intraday moves hard to the downside
[May 9, 2010 8:27:46 PM EDT] InvestorsLive on a $1-2 dollar + move to the downside – the mind set I’d be in
[May 9, 2010 8:27:47 PM EDT] InvestorsLive vs. shorting
[May 9, 2010 8:27:54 PM EDT] InvestorsLive and how I use a 3 – 6 month chart
[May 9, 2010 8:27:56 PM EDT] marketmaker1177 ohhhh
[May 9, 2010 8:27:58 PM EDT] InvestorsLive to determine my size
[May 9, 2010 8:28:01 PM EDT] InvestorsLive and side
[May 9, 2010 8:28:16 PM EDT] marketmaker1177 thats advanced im sure
[May 9, 2010 8:28:57 PM EDT] InvestorsLive any other questions on that subject?
[May 9, 2010 8:29:18 PM EDT] InvestorsLive finding the stocks to trade – that are ‘tradeable’ for that day
[May 9, 2010 8:30:05 PM EDT] InvestorsLive alright
[May 9, 2010 8:30:06 PM EDT] InvestorsLive How do you catch the tops and bottoms of running stocks? After watching you post in the IU chatroom and on your twitter page, you have an uncanny nack for getting in near or at the low of a diving stock and shorting near or at the high of a running stock. I just started watching level2 quotes am having a hard time making good sense of it. My strategy so far has been to exit when I see a lower low on a runner and go long when I see a higher high on a tanking stock. It’s ok but have limited success with it. You have this thing mastered and I’d appreciate a pointer or two.
[May 9, 2010 8:30:21 PM EDT] InvestorsLive This is more advanced and I wouldn’t suggest anyone who has just started to be doing it..
[May 9, 2010 8:30:30 PM EDT] InvestorsLive because if you’re wrong you can lose your shirt
[May 9, 2010 8:30:35 PM EDT] InvestorsLive you also have to be ok with being wrong
[May 9, 2010 8:30:42 PM EDT] InvestorsLive and noticing in a timely manner that you are wrong
[May 9, 2010 8:30:53 PM EDT] InvestorsLive for example the first time POSC tanked 2 weeks ago
[May 9, 2010 8:31:11 PM EDT] InvestorsLive I bought bottom but it bounced .005-.008 and I said “I don’t think it’s found bottom yet, potentially new lows”
[May 9, 2010 8:31:39 PM EDT] InvestorsLive I can tell rigth away based on how it’s bouncing and if the bids keep chasing or if they are layting into it again – the faster u can determine that the better off because it can save you sometimes
[May 9, 2010 8:31:52 PM EDT] InvestorsLive but other than that I just watch volume and price action and I have a good sense for it
[May 9, 2010 8:31:56 PM EDT] InvestorsLive going on the “other side” of the panic
[May 9, 2010 8:32:01 PM EDT] InvestorsLive it’s not something you’ll learn over night
[May 9, 2010 8:32:05 PM EDT] jeremy20 i just wish u would post more when ur in a big position….like post buys and sell more so i can follow ur trade
[May 9, 2010 8:32:18 PM EDT] jonthegreek1 I agree that would be great
[May 9, 2010 8:32:22 PM EDT] InvestorsLive Jerm go back to Vegas
[May 9, 2010 8:32:35 PM EDT] InvestorsLive ha
[May 9, 2010 8:32:39 PM EDT] Laura really jeremy, lol
[May 9, 2010 8:32:44 PM EDT] Laura bust off
[May 9, 2010 8:32:44 PM EDT] jeremy20 yes
[May 9, 2010 8:32:47 PM EDT] InvestorsLive U know what I’m in big ur on my AIM hoe
[May 9, 2010 8:32:52 PM EDT] InvestorsLive anyway – I watch level 2, time and sales and the chart
[May 9, 2010 8:33:03 PM EDT] InvestorsLive Most times when I play big
[May 9, 2010 8:33:06 PM EDT] jonthegreek1 how do i get on your aim?
[May 9, 2010 8:33:19 PM EDT] InvestorsLive Jerms my friend 7-8 years… he’s just %%%%% around
[May 9, 2010 8:33:27 PM EDT] InvestorsLive I DON’T BUY OFFER most bounces
[May 9, 2010 8:33:31 PM EDT] InvestorsLive which is why most times people say
[May 9, 2010 8:33:34 PM EDT] InvestorsLive “ugh I can’t fill”
[May 9, 2010 8:33:40 PM EDT] InvestorsLive because by the time it “turns”
[May 9, 2010 8:33:49 PM EDT] InvestorsLive it’s too late and a very hard fill
[May 9, 2010 8:34:15 PM EDT] InvestorsLive so again if you’re new to bottom bounces I’d be careful with them – these panic drops
[May 9, 2010 8:34:16 PM EDT] InvestorsLive however
[May 9, 2010 8:34:18 PM EDT] InvestorsLive 2 that we had on Friday
[May 9, 2010 8:34:22 PM EDT] InvestorsLive Thursday and Friday
[May 9, 2010 8:34:25 PM EDT] InvestorsLive much less risky
[May 9, 2010 8:34:26 PM EDT] InvestorsLive IFUS and TGEN
[May 9, 2010 8:34:46 PM EDT] InvestorsLive lemme tinypic it
[May 9, 2010 8:35:48 PM EDT] InvestorsLive http://i39.tinypic.com/vg7o29.png
[May 9, 2010 8:35:51 PM EDT] InvestorsLive that was a quick double for us
[May 9, 2010 8:35:59 PM EDT] InvestorsLive it was just obvious and a ‘tanker’
[May 9, 2010 8:36:07 PM EDT] InvestorsLive but it wasn’t a QUICK PANIC drop which are RISKY
[May 9, 2010 8:36:15 PM EDT] InvestorsLive check chat logs on Thursday
[May 9, 2010 8:36:26 PM EDT] InvestorsLive I posted it was .017 and had literally JUST been .045
[May 9, 2010 8:36:31 PM EDT] InvestorsLive I was like WTF?
[May 9, 2010 8:36:36 PM EDT] InvestorsLive i didn’t get .017 I bought .019 – .022
[May 9, 2010 8:36:53 PM EDT] InvestorsLive but that’s just one of those … catching a falling knife but more importantly
[May 9, 2010 8:36:56 PM EDT] InvestorsLive look at the 3 month chart
[May 9, 2010 8:37:10 PM EDT] InvestorsLive why WOULDN’T you buy
[May 9, 2010 8:37:20 PM EDT] InvestorsLive it’s been 3 months around .02
[May 9, 2010 8:37:22 PM EDT] InvestorsLive goes to .05
[May 9, 2010 8:37:25 PM EDT] InvestorsLive pulls back to SUPPORT
[May 9, 2010 8:37:42 PM EDT] InvestorsLive sure lower volume – only filled like 25k shares but easy $500-700 bucks
[May 9, 2010 8:37:49 PM EDT] jonthegreek1 so you shorted ?
[May 9, 2010 8:37:55 PM EDT] InvestorsLive ?
[May 9, 2010 8:38:15 PM EDT] InvestorsLive I just finsihed explaining a bouncer – catching a bounce
[May 9, 2010 8:38:23 PM EDT] InvestorsLive when u buy a bounce you’re hoping for a bounce
[May 9, 2010 8:38:25 PM EDT] InvestorsLive ie: lnog
[May 9, 2010 8:38:30 PM EDT] jonthegreek1 im sorry still kinda new
[May 9, 2010 8:38:31 PM EDT] jonthegreek1 oh ok
[May 9, 2010 8:38:32 PM EDT] jonthegreek1 sorry
[May 9, 2010 8:38:34 PM EDT] jonthegreek1 i see it now
[May 9, 2010 8:38:54 PM EDT] InvestorsLive TGEN
[May 9, 2010 8:38:55 PM EDT] InvestorsLive on Friday
[May 9, 2010 8:38:59 PM EDT] InvestorsLive I alerted
[May 9, 2010 8:39:00 PM EDT] InvestorsLive http://i42.tinypic.com/1913zb.png
[May 9, 2010 8:39:01 PM EDT] InvestorsLive same scenario
[May 9, 2010 8:39:10 PM EDT] InvestorsLive SAME SCENARIO
[May 9, 2010 8:39:17 PM EDT] InvestorsLive look at the 3 month chart
[May 9, 2010 8:39:21 PM EDT] InvestorsLive support .30 for a week
[May 9, 2010 8:39:24 PM EDT] InvestorsLive it was hitting 52 week highs
[May 9, 2010 8:39:34 PM EDT] InvestorsLive or may not 52s – wrong there
[May 9, 2010 8:39:38 PM EDT] InvestorsLive but breaking 3-4 month highs
[May 9, 2010 8:39:43 PM EDT] InvestorsLive then just SLAPPPPPPPPPPPP
[May 9, 2010 8:39:58 PM EDT] InvestorsLive at .27
[May 9, 2010 8:40:02 PM EDT] InvestorsLive I bought – bunch of you guys did too
[May 9, 2010 8:40:08 PM EDT] cabernet5 when catching the bounce, do you recommend entering market order
[May 9, 2010 8:40:09 PM EDT] InvestorsLive I sold before .40 but it hit .42
[May 9, 2010 8:40:26 PM EDT] InvestorsLive Like I siad before carbernet I RARELY buy on offer
[May 9, 2010 8:40:27 PM EDT] InvestorsLive on a bounce
[May 9, 2010 8:40:53 PM EDT] InvestorsLive http://i44.tinypic.com/5ldv8w.jpg
[May 9, 2010 8:40:54 PM EDT] yyyguy so you do a limit order above the ask?
[May 9, 2010 8:41:09 PM EDT] InvestorsLive when yyyguy?
[May 9, 2010 8:41:25 PM EDT] yyyguy when you say you don’t buy on offer
[May 9, 2010 8:41:38 PM EDT] InvestorsLive only other thing than the offer is the bid…
[May 9, 2010 8:41:45 PM EDT] InvestorsLive said above.. i buy bid most bounces
[May 9, 2010 8:42:00 PM EDT] InvestorsLive carbernet I haven’t used a market order this year yet
[May 9, 2010 8:42:05 PM EDT] InvestorsLive nor would I suggest it
[May 9, 2010 8:42:20 PM EDT] cabernet5 got it
[May 9, 2010 8:42:21 PM EDT] InvestorsLive so anyway – TGEN alerted that – this is a “LESS RISKY”
[May 9, 2010 8:42:24 PM EDT] InvestorsLive dead cat bouncer
[May 9, 2010 8:42:29 PM EDT] InvestorsLive u see the difference?
[May 9, 2010 8:42:34 PM EDT] InvestorsLive between like WAMUQ POSC type?
[May 9, 2010 8:42:57 PM EDT] InvestorsLive the point that I am making – the ones you should spectate vs. trade in
[May 9, 2010 8:43:25 PM EDT] InvestorsLive I would NEVER suggest trading a huge tanker like POSC WAMUQ and all those types unless you are confident putting in the order
[May 9, 2010 8:43:34 PM EDT] InvestorsLive if anyone ever ask me via PM or chat “Is it a buy down here”
[May 9, 2010 8:43:37 PM EDT] InvestorsLive you know my answer…
[May 9, 2010 8:43:59 PM EDT] InvestorsLive any questions on that subject? or good there?
[May 9, 2010 8:45:24 PM EDT] InvestorsLive alright then
[May 9, 2010 8:45:35 PM EDT] InvestorsLive well I don’t have any other questions in email – if I forget any please feel free to ask
[May 9, 2010 8:45:39 PM EDT] InvestorsLive but it’s opened up ………..
[May 9, 2010 8:45:39 PM EDT] x.factor IL on LVS swings Friday, you were just awesome on all the alerts. Can you explain your thought process on entry and exits and what are all the indicators you’re looking for ie. volume, price, etc.. How do you know a “drop” is coming?
[May 9, 2010 8:45:58 PM EDT] InvestorsLive if you have any questions for Muddy or myself feel free to ask us one at a time… just wait for 1 to get taken care of or ask ON SUBJECT questions
[May 9, 2010 8:46:24 PM EDT] InvestorsLive x.factor I watch it with SPY – it’s also one of those stocks that has been up HUGE
[May 9, 2010 8:46:34 PM EDT] InvestorsLive it had earnings the night before
[May 9, 2010 8:46:41 PM EDT] InvestorsLive risk/reward if it wasn’t gapping up and running on earnings
[May 9, 2010 8:46:50 PM EDT] InvestorsLive theres a good chance street wasn’t impressed so
[May 9, 2010 8:46:57 PM EDT] InvestorsLive you don’t have to really worry about it blasting green on the day
[May 9, 2010 8:47:05 PM EDT] InvestorsLive but I just traded the trend from there
[May 9, 2010 8:47:15 PM EDT] InvestorsLive each big POP was met with a .10-.15 correction
[May 9, 2010 8:47:18 PM EDT] InvestorsLive almost immediately if u noticed
[May 9, 2010 8:47:23 PM EDT] InvestorsLive so that’s where I was shorting into most times
[May 9, 2010 8:47:30 PM EDT] InvestorsLive if you noticed my .74 short .75 was the top
[May 9, 2010 8:47:41 PM EDT] InvestorsLive but that’s because it popped and it IMMEDIATELY correction a dime
[May 9, 2010 8:47:48 PM EDT] InvestorsLive that’s why I liked LVS
[May 9, 2010 8:48:10 PM EDT] InvestorsLive same thing with covers .. it’d fade.. fade quick have a limit order in lower catch the panic sell then it pops back do it again
[May 9, 2010 8:48:13 PM EDT] x.factor ty
[May 9, 2010 8:48:24 PM EDT] InvestorsLive it’s got an awesome range past few days I will continue to be short biased off pops
[May 9, 2010 8:48:26 PM EDT] InvestorsLive not panic sells
[May 9, 2010 8:48:46 PM EDT] InvestorsLive any question questions guys?
[May 9, 2010 8:48:47 PM EDT] jonthegreek1 I have a question i keep seeing all these stocks going up 100-300% how do people know to get in on these before they skyrocket?
[May 9, 2010 8:49:06 PM EDT] InvestorsLive crystal ball
[May 9, 2010 8:49:20 PM EDT] InvestorsLive you can get one on ebay .. they aren’t checap
[May 9, 2010 8:49:22 PM EDT] InvestorsLive cheap
[May 9, 2010 8:49:24 PM EDT] InvestorsLive but best prices on eaby
[May 9, 2010 8:49:26 PM EDT] InvestorsLive ebay
[May 9, 2010 8:49:33 PM EDT] cabernet5 Do you use an Intra-Day scan? Or just rely on Pre-list, HOD/LOD
[May 9, 2010 8:49:44 PM EDT] Laura remember, take your chunk out of the middle
[May 9, 2010 8:49:45 PM EDT] jonthegreek1 lol…. i hear that some of these people know before the pumpers start their dirty work
[May 9, 2010 8:49:50 PM EDT] InvestorsLive we don’t jon – that’s why we are always locking in along the way
[May 9, 2010 8:50:05 PM EDT] InvestorsLive and you can always keep some for the big move
[May 9, 2010 8:50:07 PM EDT] InvestorsLive or no move…
[May 9, 2010 8:50:23 PM EDT] InvestorsLive sure jon – lots do .. they hear the pump is coming yada yada
[May 9, 2010 8:50:26 PM EDT] InvestorsLive and then .. it never comes
[May 9, 2010 8:50:28 PM EDT] InvestorsLive and guess what
[May 9, 2010 8:50:32 PM EDT] InvestorsLive the rumor of the pump coming
[May 9, 2010 8:50:36 PM EDT] InvestorsLive was the pump and u just got OWNEDDDDDDD
[May 9, 2010 8:50:45 PM EDT] jonthegreek1 i see
[May 9, 2010 8:50:53 PM EDT] InvestorsLive that’s why you always should be locking in
[May 9, 2010 8:51:09 PM EDT] InvestorsLive no one buys $5k and stock goes up 300% and they sell out ALL their holding
[May 9, 2010 8:51:16 PM EDT] InvestorsLive if they do .. they are a BAD trader
[May 9, 2010 8:51:19 PM EDT] InvestorsLive period
[May 9, 2010 8:51:21 PM EDT] InvestorsLive they got lucky
[May 9, 2010 8:51:42 PM EDT] InvestorsLive just like people saying blah blah I made 50% on a Phrama company
[May 9, 2010 8:51:49 PM EDT] InvestorsLive b/c I held over for FDA decision!
[May 9, 2010 8:51:53 PM EDT] InvestorsLive same difference
[May 9, 2010 8:51:57 PM EDT] InvestorsLive doesn’t make you a good trader
[May 9, 2010 8:52:06 PM EDT] jonthegreek1 i see what is the usual gain you hope to get out of each
[May 9, 2010 8:52:10 PM EDT] InvestorsLive if I’m in a penny pump and let’s say its doubled….
[May 9, 2010 8:52:14 PM EDT] InvestorsLive I’m out of at least 1/2
[May 9, 2010 8:52:21 PM EDT] InvestorsLive so my cost is free
[May 9, 2010 8:52:22 PM EDT] jonthegreek1 ok cool
[May 9, 2010 8:52:28 PM EDT] InvestorsLive I will never hold same from bottom to top
[May 9, 2010 8:52:34 PM EDT] InvestorsLive and those that do….
[May 9, 2010 8:52:39 PM EDT] InvestorsLive also hold it all the way down too
[May 9, 2010 8:52:44 PM EDT] InvestorsLive from what I’ve learned and seen thru the years
[May 9, 2010 8:52:52 PM EDT] InvestorsLive most recent example
[May 9, 2010 8:52:54 PM EDT] InvestorsLive SPNG
[May 9, 2010 8:53:06 PM EDT] InvestorsLive all those folks in at .01 … .05 . added .10 .20 and held all
[May 9, 2010 8:53:14 PM EDT] InvestorsLive BIEL
[May 9, 2010 8:53:16 PM EDT] InvestorsLive POSC will be similar
[May 9, 2010 8:53:24 PM EDT] InvestorsLive POSC has enough belivers and a good enough story
[May 9, 2010 8:53:30 PM EDT] InvestorsLive that there is enough Kool Aid for everyone
[May 9, 2010 8:53:39 PM EDT] InvestorsLive but will be .01-.03 in a year … .05 in the next 3 months
[May 9, 2010 8:53:40 PM EDT] InvestorsLive imo
[May 9, 2010 8:53:50 PM EDT] jonthegreek1 got ya
[May 9, 2010 8:54:17 PM EDT] InvestorsLive THRR etc
[May 9, 2010 8:54:27 PM EDT] InvestorsLive look at THRR all those sheep that were in thinking wooo wee .01
[May 9, 2010 8:54:47 PM EDT] InvestorsLive anyway that’s my rant but I keep writing about it because I have members PM me all the time and rationalize their investment
[May 9, 2010 8:54:52 PM EDT] InvestorsLive in POSs like that
[May 9, 2010 8:54:59 PM EDT] InvestorsLive when I first started I lost thousandsssssssssss
[May 9, 2010 8:55:01 PM EDT] jonthegreek1 got ya thanks
[May 9, 2010 8:55:17 PM EDT] jonthegreek1 i first got sucked in by PSC
[May 9, 2010 8:55:20 PM EDT] jonthegreek1 got lucky
[May 9, 2010 8:55:23 PM EDT] InvestorsLive so that’s why I’m talking about it a lot lately because I feel like we are on the back side of the good times in the OTCBB market
[May 9, 2010 8:55:26 PM EDT] jonthegreek1 but then realized something was wrong
[May 9, 2010 8:56:18 PM EDT] InvestorsLive yup
[May 9, 2010 8:56:23 PM EDT] InvestorsLive most people don’t read disclaimers
[May 9, 2010 8:56:27 PM EDT] InvestorsLive and most people can’t see thru it
[May 9, 2010 8:56:38 PM EDT] InvestorsLive in fact they do see thru it
[May 9, 2010 8:56:43 PM EDT] InvestorsLive they just don’t want to admit it
[May 9, 2010 8:56:51 PM EDT] jonthegreek1 yeah
[May 9, 2010 8:56:58 PM EDT] jonthegreek1 its hard when you see those 300% gains
[May 9, 2010 8:57:18 PM EDT] InvestorsLive it’s all part of the game
[May 9, 2010 8:57:22 PM EDT] mark123 hey IL bit off topic wil u ever give a seminar on the emotions of trading what to never do ETC …..?
[May 9, 2010 8:57:37 PM EDT] InvestorsLive do u have specific questions
[May 9, 2010 8:57:48 PM EDT] InvestorsLive or something your doing wrong
[May 9, 2010 8:58:00 PM EDT] InvestorsLive or want a life experience
[May 9, 2010 8:58:02 PM EDT] InvestorsLive lol
[May 9, 2010 8:58:05 PM EDT] Abraxas tell us your feelings….lol
[May 9, 2010 8:58:19 PM EDT] InvestorsLive You can’t trade based of feelings
[May 9, 2010 8:58:22 PM EDT] InvestorsLive You gotta trade what you see
[May 9, 2010 8:58:28 PM EDT] devils63den how long before you figured out you were doing it wrong
[May 9, 2010 8:58:29 PM EDT] InvestorsLive Here’s a start
[May 9, 2010 8:58:32 PM EDT] InvestorsLive Don’t read PRs
[May 9, 2010 8:58:41 PM EDT] devils63den and what did you do to change it
[May 9, 2010 8:58:43 PM EDT] InvestorsLive When was the last time we traded off a PR in this room?
[May 9, 2010 8:58:57 PM EDT] mark123 no it just seems that sometimes u buy something up 50% like abio ftbk and u bank big sometimes u get hurt like many ?
[May 9, 2010 8:59:22 PM EDT] Laura I think a lot of you forget the big rule, cut losses small, let winners run
[May 9, 2010 8:59:28 PM EDT] paynito I was last idiot in SPSNQ at .062, how soon was the price action bad enough that I should have given up?
[May 9, 2010 8:59:29 PM EDT] InvestorsLive mark – the key is to buying a set up you are comfortable with
[May 9, 2010 8:59:40 PM EDT] InvestorsLive It doesn’t matter that the stock is up 10% or 1000%
[May 9, 2010 8:59:47 PM EDT] Dave PR’s=press releases??
[May 9, 2010 8:59:48 PM EDT] InvestorsLive if the stock has consolidated and nearing a prior high
[May 9, 2010 8:59:49 PM EDT] Laura I trade longer term than IL does, I like holding stuff for a week or two short
[May 9, 2010 8:59:51 PM EDT] InvestorsLive I will buy it
[May 9, 2010 8:59:56 PM EDT] mark123 basicly my feeling is when u make a lot its always followed by a loss cause ur trading based on ur recent exprience ?? make sense ?
[May 9, 2010 9:00:00 PM EDT] InvestorsLive short = different story tho
[May 9, 2010 9:00:05 PM EDT] InvestorsLive I’m talking just Long these POSs
[May 9, 2010 9:00:11 PM EDT] InvestorsLive I would swing short more often as well
[May 9, 2010 9:00:20 PM EDT] InvestorsLive like SBSA from 2.01
[May 9, 2010 9:00:23 PM EDT] InvestorsLive PCBC etc
[May 9, 2010 9:00:31 PM EDT] InvestorsLive but on that note.. and too prove a point
[May 9, 2010 9:00:38 PM EDT] InvestorsLive L when was the last 3-5 day long trade u did?
[May 9, 2010 9:00:48 PM EDT] InvestorsLive vs. L when was the last 3-5 day short trade you did
[May 9, 2010 9:01:15 PM EDT] Laura um, cant think of 3-5 long, lol
[May 9, 2010 9:01:21 PM EDT] InvestorsLive exactly ha
[May 9, 2010 9:01:28 PM EDT] InvestorsLive yes Dave
[May 9, 2010 9:01:30 PM EDT] InvestorsLive PR = Press Releases
[May 9, 2010 9:01:41 PM EDT] InvestorsLive The ONLY time I swing a long is momentum
[May 9, 2010 9:01:44 PM EDT] InvestorsLive my gappers
[May 9, 2010 9:01:47 PM EDT] InvestorsLive EVSI incher types
[May 9, 2010 9:01:56 PM EDT] InvestorsLive stocks like EWPI EVSI just look at the 1 min charts
[May 9, 2010 9:01:58 PM EDT] paynito POSC look slike short monday, right?
[May 9, 2010 9:02:04 PM EDT] InvestorsLive EWPI / JYHW were new Friday
[May 9, 2010 9:02:11 PM EDT] InvestorsLive POSC looks like no play Monday
[May 9, 2010 9:02:28 PM EDT] InvestorsLive it’ll slowly lose volume and go the way of the rest
[May 9, 2010 9:02:57 PM EDT] InvestorsLive POSC is done .. let it sell off to .05 .. then in 3-4 months they’ll pump it again it’ll go .05 to .08 trade millions again
[May 9, 2010 9:03:01 PM EDT] InvestorsLive and then shes done for good
[May 9, 2010 9:03:01 PM EDT] paynito so why is a respike so dangerous that it’s not a short
[May 9, 2010 9:03:06 PM EDT] mark123 any play on CLRH ?
[May 9, 2010 9:03:15 PM EDT] InvestorsLive CLRH none
[May 9, 2010 9:03:34 PM EDT] InvestorsLive only way I’d play CLRH if u were looking to swing is on a big down day picking it off bottom
[May 9, 2010 9:03:36 PM EDT] paynito oooh I like EVSI, another NXTH
[May 9, 2010 9:03:40 PM EDT] InvestorsLive no sense chasing a POs like that
[May 9, 2010 9:03:44 PM EDT] fairah IL are you holding JYHW right ?
[May 9, 2010 9:03:45 PM EDT] mark123 or TGEN ?is aezs a incher now ?
[May 9, 2010 9:03:51 PM EDT] jonthegreek1 I was following another trader in the sub penny forum on friday and got into GRBG at .0039 thinking it would go to .0044 cause thats what it was doing all day and it closed at .0036 am i screwed or did i read the chart right?
[May 9, 2010 9:03:52 PM EDT] InvestorsLive EVSI been in since .32 paynito
[May 9, 2010 9:04:30 PM EDT] InvestorsLive GRBG prob some carry thru Monday then a good sell
[May 9, 2010 9:04:47 PM EDT] InvestorsLive JYHW I have some not many
[May 9, 2010 9:04:47 PM EDT] jonthegreek1 so you think i might be ok
[May 9, 2010 9:04:54 PM EDT] mark123 same would be for ZLUS ENTI ??
[May 9, 2010 9:04:54 PM EDT] InvestorsLive sold the rest over .60 on the pop
[May 9, 2010 9:04:59 PM EDT] InvestorsLive JYHW another good example …
[May 9, 2010 9:05:02 PM EDT] InvestorsLive inch inch mode into breakout
[May 9, 2010 9:05:05 PM EDT] InvestorsLive as we go over EVERY seminar
[May 9, 2010 9:05:14 PM EDT] InvestorsLive .60-.63 pop = good to lock in
[May 9, 2010 9:05:24 PM EDT] InvestorsLive I alerted nice and early .. kept going up .01 .01 .01 .01
[May 9, 2010 9:05:28 PM EDT] InvestorsLive then went .05 real fast
[May 9, 2010 9:05:48 PM EDT] fairah at what time did u alert IL?
[May 9, 2010 9:05:59 PM EDT] InvestorsLive check chat logs
[May 9, 2010 9:06:04 PM EDT] InvestorsLive Ctrl + F : JYHW
[May 9, 2010 9:06:17 PM EDT] InvestorsLive any other questions guys?
[May 9, 2010 9:06:28 PM EDT] InvestorsLive mark re: emotions?
[May 9, 2010 9:06:49 PM EDT] InvestorsLive (May 09-20:59) mark123: basicly my feeling is when u make a lot its always followed by a loss cause ur trading based on ur recent exprience ?? make sense ?
[May 9, 2010 9:06:52 PM EDT] InvestorsLive can u explain a bit better?
[May 9, 2010 9:06:54 PM EDT] fairah one question: how you think OTC/Pink are performing now?
[May 9, 2010 9:07:16 PM EDT] fairah should be avoiding specially in this bearing market
[May 9, 2010 9:07:18 PM EDT] fairah ?
[May 9, 2010 9:07:18 PM EDT] InvestorsLive read above guys! sheeesh
[May 9, 2010 9:07:19 PM EDT] InvestorsLive (May 09-20:55) InvestorsLive: so that’s why I’m talking about it a lot lately because I feel like we are on the back side of the good times in the OTCBB market
[May 9, 2010 9:07:35 PM EDT] fairah oh yea ok
[May 9, 2010 9:07:45 PM EDT] InvestorsLive mark if I understand your question
[May 9, 2010 9:07:54 PM EDT] InvestorsLive I would suggest not trading differently just because you had a big win
[May 9, 2010 9:08:00 PM EDT] InvestorsLive meaning don’t start going wild
[May 9, 2010 9:08:07 PM EDT] InvestorsLive trade wtihin what your ability is
[May 9, 2010 9:08:23 PM EDT] InvestorsLive that way if you do have a loss – its nothing abnormal
[May 9, 2010 9:08:34 PM EDT] mark123 again do u believe a person needs a btreak say his acct goes from 10 to 17 k then hes trading biger blocks not as protective recipe for disaster i guess im just saying one needs to be very carefull with adjusting after gains or his acct will gravitate to that same dumb ten k
[May 9, 2010 9:08:52 PM EDT] InvestorsLive that’s what I figured / was getting at
[May 9, 2010 9:09:05 PM EDT] Laura we trade small Mark but big gains can be made
[May 9, 2010 9:09:12 PM EDT] InvestorsLive i think you should trade the same way all the way up – you can start expermenting differently
[May 9, 2010 9:09:19 PM EDT] Laura we trade 2-4k each position
[May 9, 2010 9:09:21 PM EDT] InvestorsLive experimenting
[May 9, 2010 9:09:26 PM EDT] InvestorsLive and see what works for you
[May 9, 2010 9:09:32 PM EDT] Laura sometimes double up when going good
[May 9, 2010 9:09:36 PM EDT] InvestorsLive does BIGGER size and buying the break work?
[May 9, 2010 9:09:38 PM EDT] mark123 ok just something ive been going made a lot of the evxa aclh last mon by the end of the week i was barely up 1 k dammm
[May 9, 2010 9:09:42 PM EDT] InvestorsLive or does SMALLER size and waiting out the BIGGER move work?
[May 9, 2010 9:09:52 PM EDT] Laura IL trades way bigger but looks for smaller gain
[May 9, 2010 9:09:54 PM EDT] InvestorsLive does SWINGING short on big moves work?
[May 9, 2010 9:09:58 PM EDT] InvestorsLive and see what works best for u
[May 9, 2010 9:10:03 PM EDT] Laura just different styleds
[May 9, 2010 9:10:25 PM EDT] Laura exactly, all ways work, find your own
[May 9, 2010 9:10:25 PM EDT] InvestorsLive mark you’ll have big hits but the key is to keep going the same
[May 9, 2010 9:10:35 PM EDT] InvestorsLive you make nice on EVXA 2 weeks ago
[May 9, 2010 9:10:37 PM EDT] mark123 i noticed that il bigger but out quicker
[May 9, 2010 9:10:41 PM EDT] InvestorsLive and then start going out of ur zone
[May 9, 2010 9:10:52 PM EDT] InvestorsLive then you have to be ok with the other side of the move
[May 9, 2010 9:10:53 PM EDT] mark123 no last monday onwe week
[May 9, 2010 9:10:57 PM EDT] Laura and we in smaller but in longer
[May 9, 2010 9:11:02 PM EDT] InvestorsLive if ur cool with losing $3k in stead of $300
[May 9, 2010 9:11:03 PM EDT] Laura in most cases
[May 9, 2010 9:11:07 PM EDT] Laura not all, lol
[May 9, 2010 9:11:57 PM EDT] mark123 i think smaller size for swinging incher breakouts etc and bounces need to be bigger make sense ???
[May 9, 2010 9:12:16 PM EDT] InvestorsLive right but the point is figure it out
[May 9, 2010 9:12:20 PM EDT] mark123 but bounces r scary thats forsure
[May 9, 2010 9:12:21 PM EDT] InvestorsLive find out what you have success with
[May 9, 2010 9:12:22 PM EDT] paynito I am looking at 6 M Day for JYHW, looks like 3 up days then maybe 10 down, so I see it more as a short swing monday than an interday long, thoughts?
[May 9, 2010 9:12:23 PM EDT] InvestorsLive and push it
[May 9, 2010 9:12:28 PM EDT] InvestorsLive don’t try to do too much
[May 9, 2010 9:12:41 PM EDT] InvestorsLive I rarely trade .50-1.75 stocks
[May 9, 2010 9:12:51 PM EDT] Laura we kinda like it for short too paynito
[May 9, 2010 9:12:54 PM EDT] InvestorsLive I go in … make few hundred and leave few thousand on table
[May 9, 2010 9:12:58 PM EDT] InvestorsLive just a waste of my time….
[May 9, 2010 9:13:01 PM EDT] InvestorsLive I just can’t play them that well
[May 9, 2010 9:13:08 PM EDT] InvestorsLive so .. I don’t
[May 9, 2010 9:13:11 PM EDT] InvestorsLive welL i do .. but I scalp them
[May 9, 2010 9:13:17 PM EDT] InvestorsLive but that’s one thing I’ve learned
[May 9, 2010 9:13:19 PM EDT] mark123 i guess u just cant forget and keep learning dont make the same mistakes its ok to make diffrent ones though lol
[May 9, 2010 9:13:32 PM EDT] InvestorsLive I am still learning too – always changing – always have to adapt
[May 9, 2010 9:13:43 PM EDT] Laura yes
[May 9, 2010 9:14:09 PM EDT] Laura not much shorting last few months for me, now back to weeeeeeeeeee git down
[May 9, 2010 9:14:10 PM EDT] mark123 the markets always adapting u better always adapt lol
[May 9, 2010 9:14:23 PM EDT] InvestorsLive market not adapting
[May 9, 2010 9:14:25 PM EDT] InvestorsLive market is just the market
[May 9, 2010 9:14:32 PM EDT] InvestorsLive market never wrong
[May 9, 2010 9:14:38 PM EDT] InvestorsLive it’s you who has to adapt
[May 9, 2010 9:15:16 PM EDT] InvestorsLive I wouldn’t break your account at 10 to 17k
[May 9, 2010 9:15:19 PM EDT] InvestorsLive get yourself over 25k
[May 9, 2010 9:15:48 PM EDT] InvestorsLive for me … what I’ve done recently is moved out some $$ to IB and SogoTrade etc to try out different brokers
[May 9, 2010 9:15:51 PM EDT] mark123 im trying
[May 9, 2010 9:15:51 PM EDT] InvestorsLive but at the same token
[May 9, 2010 9:16:00 PM EDT] InvestorsLive IB is now my “swing short” account
[May 9, 2010 9:16:12 PM EDT] InvestorsLive I can’t short stuff and hold it in my trading account
[May 9, 2010 9:16:17 PM EDT] InvestorsLive I just can’t do it… I’ve learned that
[May 9, 2010 9:16:30 PM EDT] InvestorsLive I have my SpeedTrader accoutn which I try for my daily goal which I take $$ out of
[May 9, 2010 9:16:36 PM EDT] InvestorsLive I have my big account that I play sizely in
[May 9, 2010 9:16:42 PM EDT] InvestorsLive like LVS and other crap and take big risk
[May 9, 2010 9:16:46 PM EDT] InvestorsLive and I don’t take $$ out of
[May 9, 2010 9:16:58 PM EDT] InvestorsLive and then I have IB and Sogo (no trades in there yet)
[May 9, 2010 9:17:07 PM EDT] InvestorsLive my IB I have only done short side trading
[May 9, 2010 9:17:14 PM EDT] InvestorsLive which I .. now that I have it have to admit
[May 9, 2010 9:17:20 PM EDT] InvestorsLive its a tool you need once you have enough $$
[May 9, 2010 9:17:24 PM EDT] InvestorsLive to have a trading account + $10k for IB
[May 9, 2010 9:17:31 PM EDT] mark123 off topic any play with TGEN next few days or we off ??
[May 9, 2010 9:17:48 PM EDT] InvestorsLive I put $50k at IB I may put more so I can short more of these penny ones since $2.50 margin
[May 9, 2010 9:17:50 PM EDT] InvestorsLive but point is
[May 9, 2010 9:17:53 PM EDT] InvestorsLive MOPN Friday
[May 9, 2010 9:17:58 PM EDT] InvestorsLive that was an easy $700 I would have never had
[May 9, 2010 9:17:59 PM EDT] InvestorsLive without IB
[May 9, 2010 9:18:06 PM EDT] InvestorsLive and it took $1,500 risk
[May 9, 2010 9:18:33 PM EDT] InvestorsLive so they are all “tools”
[May 9, 2010 9:18:33 PM EDT] mark123 do u use scottrade ?
[May 9, 2010 9:18:37 PM EDT] InvestorsLive no
[May 9, 2010 9:18:53 PM EDT] InvestorsLive TGEN no idea – I took the easy trade Friday as I said
[May 9, 2010 9:18:57 PM EDT] InvestorsLive sold early too kept going
[May 9, 2010 9:19:09 PM EDT] InvestorsLive but gotta be crazy if you don’t take nearly 50% when it hits .40
[May 9, 2010 9:19:16 PM EDT] InvestorsLive .27 to .42
[May 9, 2010 9:19:17 PM EDT] jonthegreek1 Should i transfer money from Thinkorswim to someone else
[May 9, 2010 9:19:20 PM EDT] InvestorsLive I sold 35-36 range
[May 9, 2010 9:19:45 PM EDT] InvestorsLive no idea jon – depends what you trade and what you see fit
[May 9, 2010 9:19:49 PM EDT] InvestorsLive I have TOS too barely use it
[May 9, 2010 9:20:03 PM EDT] jonthegreek1 i see
[May 9, 2010 9:20:05 PM EDT] InvestorsLive any other questions guys?
[May 9, 2010 9:20:21 PM EDT] jonthegreek1 what is the best in your opinion? I am trying to follow you guys
[May 9, 2010 9:20:24 PM EDT] jonthegreek1 and do shorting
[May 9, 2010 9:20:32 PM EDT] vin4356 IL, my wife has 5000 account. What is your advice to help her make most profibable on her trading as she follows you now?
[May 9, 2010 9:20:34 PM EDT] mark123 nope great seminar now to just act out hummm tx IL WAS GOOD
[May 9, 2010 9:20:37 PM EDT] paynito IB has most shorts
[May 9, 2010 9:20:40 PM EDT] devils63den yes how long did it take you to figure this out
[May 9, 2010 9:20:46 PM EDT] paynito but terrible platform
[May 9, 2010 9:20:53 PM EDT] devils63den with the losses in the begining
[May 9, 2010 9:21:20 PM EDT] devils63den i mean what woke you up
[May 9, 2010 9:21:40 PM EDT] InvestorsLive 6 months devils
[May 9, 2010 9:21:48 PM EDT] InvestorsLive vin $5-15 dollar stocks
[May 9, 2010 9:21:53 PM EDT] InvestorsLive Muddy would say $10-15
[May 9, 2010 9:22:03 PM EDT] InvestorsLive we have a ‘back to basics’ seminar in the seminae queue
[May 9, 2010 9:22:06 PM EDT] jonthegreek1 @paynito what do you mean by terrible platform
[May 9, 2010 9:22:26 PM EDT] InvestorsLive platform to trade off
[May 9, 2010 9:22:37 PM EDT] Laura IB has many shorts, but bad platform for otcbb/pink fills
[May 9, 2010 9:22:45 PM EDT] jonthegreek1 oh ok
[May 9, 2010 9:22:47 PM EDT] jonthegreek1 thanks
[May 9, 2010 9:22:51 PM EDT] jonthegreek1 sorry still new
[May 9, 2010 9:22:51 PM EDT] paynito you can download TOS for free and use it with papertrading it’s beautiful
[May 9, 2010 9:23:07 PM EDT] jonthegreek1 i have TOS now
[May 9, 2010 9:23:16 PM EDT] Laura TOS nice for great charts
[May 9, 2010 9:23:42 PM EDT] Laura and prophet charts that we are used to
[May 9, 2010 9:23:54 PM EDT] Laura great daily charts with prophet
[May 9, 2010 9:23:57 PM EDT] jonthegreek1 yeah i need to get a lesson on how to use it better
[May 9, 2010 9:24:17 PM EDT] paynito disclosure @paynito long IBKR
[May 9, 2010 9:25:10 PM EDT] cabernet5 Thanks for the seminar…
[May 9, 2010 9:25:35 PM EDT] paynito jon in TOS go support/chat, seminars, april, david elliot
[May 9, 2010 9:26:03 PM EDT] paynito that will teach you to use TOS in 1 hour
[May 9, 2010 9:26:33 PM EDT] jonthegreek1 nice
[May 9, 2010 9:26:37 PM EDT] jonthegreek1 thanks
[May 9, 2010 9:28:12 PM EDT] vin4356 IL, what is IB?
[May 9, 2010 9:28:20 PM EDT] InvestorsLive Interactive Brokers
[May 9, 2010 9:29:26 PM EDT] vin4356 Thanks, IL
[May 9, 2010 9:29:40 PM EDT] Dave Laura & IL thanks for the seminar, I’m going to read older ones too when I have time
[May 9, 2010 9:30:47 PM EDT] fairah i have been using WTC, started last week
[May 9, 2010 9:30:58 PM EDT] paynito I still haven’t learned, I still want to risk it on EVSI for 2 days instead of learning anything, what’s wrong with me?
[May 9, 2010 9:31:00 PM EDT] fairah u cant trade subber’s
[May 9, 2010 9:31:21 PM EDT] fairah cuz your clearing fee wil leat 80% of ur profit if u have any
[May 9, 2010 9:31:39 PM EDT] fairah i am gonna stick with 15+ stocks from now on
[May 9, 2010 9:31:40 PM EDT] InvestorsLive http://www.investorsunderground.com/2010/05/09/scans-for-050810-from-InvestorsLive/
[May 9, 2010 9:31:50 PM EDT] InvestorsLive Not much on watch for tomorrow – most will come off scans
[May 9, 2010 9:32:09 PM EDT] fairah Dow futures is up like 140 pints
[May 9, 2010 9:32:12 PM EDT] fairah points
[May 9, 2010 9:32:35 PM EDT] InvestorsLive nice hope they prop it way up
[May 9, 2010 9:32:39 PM EDT] InvestorsLive will be nice gap to short hehe
[May 9, 2010 9:32:47 PM EDT] fairah lol
[May 9, 2010 9:32:55 PM EDT] InvestorsLive bestdamnpennystocks has a play tomorrow
[May 9, 2010 9:32:55 PM EDT] InvestorsLive woot
[May 9, 2010 9:32:57 PM EDT] InvestorsLive 9:45AM
[May 9, 2010 9:33:08 PM EDT] InvestorsLive I think I know it but we’ll see
[May 9, 2010 9:33:10 PM EDT] cpaul nice
[May 9, 2010 9:33:20 PM EDT] InvestorsLive we’ll see at 9:45 ha
[May 9, 2010 9:33:33 PM EDT] jonthegreek1 im going long on it 😉
[May 9, 2010 9:33:34 PM EDT] InvestorsLive should be able to start the week off nicely if they give us a good one
[May 9, 2010 9:33:41 PM EDT] cpaul yup, i have no clue
[May 9, 2010 9:34:13 PM EDT] paynito so we buy immediately on 9:45, don’t watch for a couple mins
[May 9, 2010 9:34:21 PM EDT] InvestorsLive u do what u want
[May 9, 2010 9:34:28 PM EDT] InvestorsLive I don’t recco buying or sellin git
[May 9, 2010 9:34:35 PM EDT] InvestorsLive its a pump – risky as hell
[May 9, 2010 9:34:41 PM EDT] cpaul i second that
[May 9, 2010 9:34:43 PM EDT] jonthegreek1 im going to use my whole margin account on it
[May 9, 2010 9:34:57 PM EDT] cpaul put your house up too
[May 9, 2010 9:34:59 PM EDT] jonthegreek1 ::sadeyes
[May 9, 2010 9:35:12 PM EDT] devils63den stay away from margin
[May 9, 2010 9:35:19 PM EDT] jonthegreek1 but then if loose that house i will only have 2 left
[May 9, 2010 9:35:29 PM EDT] cpaul put them up too
[May 9, 2010 9:35:38 PM EDT] cpaul anyways
[May 9, 2010 9:35:50 PM EDT] fairah tks for the seminar IL
[May 9, 2010 9:35:55 PM EDT] InvestorsLive np
[May 9, 2010 9:36:07 PM EDT] cpaul oh %%%% i missed i miss a seminar 🙁
[May 9, 2010 9:36:10 PM EDT] jonthegreek1 yeah it was great sorry for sounding so stupid but i guess everyone has to learn
[May 9, 2010 9:37:05 PM EDT] cpaul how was the seminar?
[May 9, 2010 9:37:55 PM EDT] paynito it was pretty informative cpaul
[May 9, 2010 9:38:04 PM EDT] cpaul good stuff
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