[Dec 18, 2011 7:59:44 PM EST]    InvestorsLive What’s cookin

[Dec 18, 2011 8:00:07 PM EST]    basher  when’s the DVD coming out?

[Dec 18, 2011 8:00:12 PM EST]    InvestorsLive I prob should have sent out an email to remind folks but that’s ok .. 67 will do

[Dec 18, 2011 8:00:16 PM EST]    InvestorsLive haha trying basher im trying

[Dec 18, 2011 8:00:22 PM EST]    InvestorsLive I did a ton of work last weekend

[Dec 18, 2011 8:00:40 PM EST]    basher  can’t wait 🙂

[Dec 18, 2011 8:00:52 PM EST]    InvestorsLive Alright, I’ll go over the Q and A’s, some charts whatever and open it up

[Dec 18, 2011 8:01:05 PM EST]    InvestorsLive QUESTION: Hey Nate, could you explain the trade one of the members called out GEVO and said it was a low floating stock. Could you explain what is a low floating stock and the reason to buy GEVO. Also, I saw on the chats members throwing the word consolidation and reverse consolidation. Can you explain each one with visuals. Thank you.

[Dec 18, 2011 8:01:34 PM EST]    InvestorsLive Low float – related to the stock that the public can trade

[Dec 18, 2011 8:01:46 PM EST]    InvestorsLive the lesser number of shares available to the public, the more “thin” it trades

[Dec 18, 2011 8:01:56 PM EST]    InvestorsLive something like MSFT vs. GEVO

[Dec 18, 2011 8:02:05 PM EST]    InvestorsLive something with billions are shares vs. millions

[Dec 18, 2011 8:02:11 PM EST]    InvestorsLive or even take UAL vs. LIVE

[Dec 18, 2011 8:02:28 PM EST]    InvestorsLive UAL you can go in and out with any size, whereas LIVE you could make or break a fortune

[Dec 18, 2011 8:02:53 PM EST]    InvestorsLive LIVE had less than a million shares outstanding prior to their recent debt conversion but still only has about 2m and change

[Dec 18, 2011 8:03:06 PM EST]    InvestorsLive so the FLOAT is the shares available for the PUBLIC (me and u) to trade

[Dec 18, 2011 8:03:14 PM EST]    InvestorsLive the lower it is, the more ‘spread’ it is

[Dec 18, 2011 8:03:31 PM EST]    InvestorsLive it won’t track thick and tight like UAL 22.99 x 23

[Dec 18, 2011 8:03:35 PM EST]    InvestorsLive 23.01 x 23.02 etc

[Dec 18, 2011 8:03:47 PM EST]    InvestorsLive it’ll trade like GEVO / LIVE with a spread, .10 .20 .30 cents

[Dec 18, 2011 8:03:55 PM EST]    InvestorsLive and when it moves it will move .20-.50 $1

[Dec 18, 2011 8:04:17 PM EST]    Laura Usually hard to borrow too

[Dec 18, 2011 8:04:26 PM EST]    InvestorsLive yep, exactly

[Dec 18, 2011 8:04:35 PM EST]    InvestorsLive re: reverse consolidation – not a term I use

[Dec 18, 2011 8:04:40 PM EST]    InvestorsLive as far as consolidation

[Dec 18, 2011 8:04:53 PM EST]    Laura yeah, don’t know that term

[Dec 18, 2011 8:05:03 PM EST]    InvestorsLive many people want to just jump on the bang wagon and buy because stocks are up

[Dec 18, 2011 8:05:06 PM EST]    InvestorsLive they want to be part of the action

[Dec 18, 2011 8:05:11 PM EST]    InvestorsLive they don’t want to move the “next” 30%

[Dec 18, 2011 8:05:17 PM EST]    InvestorsLive so, what do they do, they buy

[Dec 18, 2011 8:05:33 PM EST]    InvestorsLive when I refer to consolidation, it’s a reason to buy – let it break UP off consolidation

[Dec 18, 2011 8:05:37 PM EST]    InvestorsLive or break DOWN off consolidaiton

[Dec 18, 2011 8:05:40 PM EST]    InvestorsLive for a long/short

[Dec 18, 2011 8:05:55 PM EST]    InvestorsLive http://bit.ly/t5JjAI

[Dec 18, 2011 8:06:21 PM EST]    InvestorsLive take GEVO for example break up off consolidation = anticipate the long and break of 6.50 for breakout

[Dec 18, 2011 8:06:37 PM EST]    InvestorsLive or break under anticipate the short and break of 6.25

[Dec 18, 2011 8:06:46 PM EST]    InvestorsLive u can see where it’s consolidating between 6.25 and 6.50

[Dec 18, 2011 8:06:58 PM EST]    InvestorsLive we’re looking for a reason to buy or short, not just a random entry

[Dec 18, 2011 8:07:21 PM EST]    InvestorsLive having a reason behind you’re buy or sell gives you a way to be wrong, if you don’t know when you’re wrong, how do u take a loss (ie: the most important part of trading)

[Dec 18, 2011 8:08:13 PM EST]    InvestorsLive LIVE Level 2 https://www.investorsunderground.com/img/WLKTKNHXWN.png dime spread

[Dec 18, 2011 8:08:49 PM EST]    InvestorsLive vs. something like MSFT UAL that we trade, with lower float comes BIGGER range

[Dec 18, 2011 8:09:00 PM EST]    InvestorsLive with bigger range comes less size, and/or wider stops

[Dec 18, 2011 8:09:25 PM EST]    InvestorsLive take BVSN for example

[Dec 18, 2011 8:09:36 PM EST]    InvestorsLive we short 11.35s

[Dec 18, 2011 8:09:50 PM EST]    InvestorsLive when it cracked it went $11 to 10.25 within 2 candles

[Dec 18, 2011 8:10:14 PM EST]    InvestorsLive any questions related to that topic?

[Dec 18, 2011 8:11:10 PM EST]    InvestorsLive QUESTION: I have a question,about all the volume or most of it on ABOT on Friday, was that most likely day traders and now all the following days the average joe sees its up and hops aboard? because I didn’t get a Pennypic or Ox of Wall St email till after

[Dec 18, 2011 8:11:35 PM EST]    Laura you ain’t the A list

[Dec 18, 2011 8:11:48 PM EST]    InvestorsLive they sent out emails 3-4 minutes after open, they sent to all my emails – so maybe check ur spam mail

[Dec 18, 2011 8:12:11 PM EST]    InvestorsLive but the volume is because they have a program going, it doesnt trade much before b/c they dont have a market

[Dec 18, 2011 8:12:23 PM EST]    InvestorsLive now they unleash the paper and feed it to all the traders and future bag holders

[Dec 18, 2011 8:12:49 PM EST]    InvestorsLive also double print their sells and make the vol surge, people tend to play bigger when volume shows more as it appears more liquid

[Dec 18, 2011 8:13:40 PM EST]    InvestorsLive you under estimate the power of your Uncle, sister, mothers brother, grandpa and their erge to search for ‘hot stocks’ sign up and think they are going to make 500% and hold from .05 to .10 to .001

[Dec 18, 2011 8:14:08 PM EST]    InvestorsLive so no, not just ‘hoping’ the average joe sees it, they pay a lot of money for leads every day

[Dec 18, 2011 8:14:32 PM EST]    InvestorsLive QUESTION: How did you know the ABOT offers on Friday were fake? And who is behind he fake offers? How/Why would anyone want to create a fake offer?

[Dec 18, 2011 8:14:40 PM EST]    InvestorsLive http://www.investorsunderground.com/img/IYGCJUVGKM.png

[Dec 18, 2011 8:15:13 PM EST]    superfly15           scare the mom and pop and grandpa into selling

[Dec 18, 2011 8:15:26 PM EST]    InvestorsLive anyone can with the routes, SpeedTrader has a bunch of differnet routes and some other brokers do

[Dec 18, 2011 8:15:49 PM EST]    InvestorsLive but anyone and prop the bid side or stack the offers, no .. its frowned upon, illegal technically but

[Dec 18, 2011 8:16:02 PM EST]    InvestorsLive anyone who may have wanted it to appear ‘heavier’ potentially

[Dec 18, 2011 8:16:16 PM EST]    InvestorsLive added 5k ETMM SUNR NITE HDSN LAFC VERT VFIN etc

[Dec 18, 2011 8:16:21 PM EST]    InvestorsLive all routes avail via Speed

[Dec 18, 2011 8:16:47 PM EST]    InvestorsLive when it turned they all left on 5k, no one just happens to sell via 7 or 8 different routes for the hell of it

[Dec 18, 2011 8:17:02 PM EST]    InvestorsLive and only having 5k, its there for a purpose to make it look weak (if on offer) or strong (if on bid)

[Dec 18, 2011 8:17:17 PM EST]    InvestorsLive either way I was just making comments as I always do in chat so people can see – as thats how i learned

[Dec 18, 2011 8:17:24 PM EST]    InvestorsLive any questions related to ABOT?

[Dec 18, 2011 8:17:33 PM EST]    InvestorsLive also I know I told chat like 2 x Friday

[Dec 18, 2011 8:17:39 PM EST]    InvestorsLive when u guys PM me and ask if it’s a buy

[Dec 18, 2011 8:17:40 PM EST]    karen99                can you go back to LIVE for one second

[Dec 18, 2011 8:17:42 PM EST]    InvestorsLive my answer is always no

[Dec 18, 2011 8:18:00 PM EST]    InvestorsLive I go over these in seminars, I tell u why I am interested in them HOW i form a biased

[Dec 18, 2011 8:18:07 PM EST]    InvestorsLive based on how their prior plays were

[Dec 18, 2011 8:18:10 PM EST]    InvestorsLive I track all of that

[Dec 18, 2011 8:18:14 PM EST]    InvestorsLive and form my judgement on that

[Dec 18, 2011 8:18:16 PM EST]    karen99                What was the quickest way to see it was a low float?

[Dec 18, 2011 8:18:23 PM EST]    InvestorsLive on how big, and how long I may hold

[Dec 18, 2011 8:18:35 PM EST]    InvestorsLive so for people to ask me “Hey is this pump and dump a buy” the answer is ALWAYS no

[Dec 18, 2011 8:19:02 PM EST]    InvestorsLive any questions related to ABOT ? before switching topics?

[Dec 18, 2011 8:19:32 PM EST]    Robyn   yes, just on the volume. are market makers selling to each other to create the volume & the prints to get it going?

[Dec 18, 2011 8:19:53 PM EST]    dre7dre7             How can you tell when it’s no longer being supported? re ABOT RAYS AMWI….

[Dec 18, 2011 8:20:17 PM EST]    InvestorsLive Robyn – who knows doubtful considering their size, but doesnt matter and won’t make you a better trader knowing or not knowing so not something u should worry about

[Dec 18, 2011 8:20:47 PM EST]    captrader            How do you establish whether it has more room push up or fall?

[Dec 18, 2011 8:20:50 PM EST]    InvestorsLive Dre – greed I always take profits along the way . once it starts having difficulty and the risk vs reward shifts to more risk I just head out

[Dec 18, 2011 8:21:09 PM EST]    dre7dre7             sounds good..thanks

[Dec 18, 2011 8:21:16 PM EST]    InvestorsLive just like RAYs for example

[Dec 18, 2011 8:21:24 PM EST]    InvestorsLive how many times did it test and fail at 2.50s

[Dec 18, 2011 8:21:35 PM EST]    InvestorsLive there comes a time, it heads up nice and easy no head aches

[Dec 18, 2011 8:21:48 PM EST]    InvestorsLive then starts to consolidate, dip… re-test fail, dip re-test fail etc

[Dec 18, 2011 8:21:51 PM EST]    InvestorsLive greed vs reward

[Dec 18, 2011 8:21:54 PM EST]    InvestorsLive I take

[Dec 18, 2011 8:22:03 PM EST]    InvestorsLive if I miss out on profits, that’s better than giving back profits right?

[Dec 18, 2011 8:22:24 PM EST]    Laura yes

[Dec 18, 2011 8:22:28 PM EST]    dre7dre7             yep

[Dec 18, 2011 8:22:47 PM EST]    InvestorsLive captrader – watching how it trades, reacts to dips etc does it rebound on air vs, rebound and get sold into .. how many days has it been going, has it dipped yet etc …. always be on the lock in side

[Dec 18, 2011 8:22:55 PM EST]    InvestorsLive any further questions related to ABOT/pumps and stuff?

[Dec 18, 2011 8:24:00 PM EST]    InvestorsLive alright – back to LIVE for a second – karen – just related to how it trades u can tell most times, just look at the high day rangers we trade vs. MSFT UAL types…

[Dec 18, 2011 8:24:11 PM EST]    InvestorsLive u can tell LNKD lower float compared to UAL MSFT types

[Dec 18, 2011 8:24:22 PM EST]    InvestorsLive u can tell GEVO LIVE lower floats, ROYL etc

[Dec 18, 2011 8:24:26 PM EST]    InvestorsLive until they raise cash and dilute

[Dec 18, 2011 8:24:33 PM EST]    InvestorsLive more spread, move on less volume etc

[Dec 18, 2011 8:24:52 PM EST]    InvestorsLive QUESTION: Here’s a novice question – can you go over your scenario of exiting a trade for long and short. I understand when to get in a trade (your set-ups on the new members page) – but can you explain your exiting strategy. What do you see in the volume, in the price action, prints on the tape and the level 2 for you to exit a trade? Is there other things you see for your conviction to get out (obviously if the trade goes against you, you should get out) I get out too early and want to get my exiting skills in check

[Dec 18, 2011 8:25:52 PM EST]    InvestorsLive it’s a combination of everything you listed, which you’ll develop over time .. but the main thing I do vs. others is … I trade for income I take the trade I don’t care what is CAN do .. or SHOULD do

[Dec 18, 2011 8:26:09 PM EST]    InvestorsLive if I shorted a stock b/c I think it has a good r/r of going down and think it’ll pull back to X price

[Dec 18, 2011 8:26:26 PM EST]    InvestorsLive well, if it cracks and washes out, I’m taking at least part if not all the profit

[Dec 18, 2011 8:26:33 PM EST]    InvestorsLive when it moves in my direction

[Dec 18, 2011 8:26:58 PM EST]    InvestorsLive because I can always watch for the next opportunity – sure I could have patience and make a ton more MANY times but that’s not controllable ….

[Dec 18, 2011 8:27:25 PM EST]    InvestorsLive I CAN make more, it COULD keep falling, it COULD keep doing a lot of things

[Dec 18, 2011 8:27:31 PM EST]    InvestorsLive but it broke out .. it popped, I take profits

[Dec 18, 2011 8:27:37 PM EST]    InvestorsLive it broke down, it dropped, I take profits

[Dec 18, 2011 8:27:54 PM EST]    miamisam87       shoulda coulda woulda

[Dec 18, 2011 8:27:56 PM EST]    InvestorsLive if it’s a BIG chart I may take 1/2 and let the rest run (or fade)

[Dec 18, 2011 8:28:38 PM EST]    skhomu1             Do you use any indicators or studies? Which are best for exits in you opinion?

[Dec 18, 2011 8:28:39 PM EST]    InvestorsLive any questions related?

[Dec 18, 2011 8:28:57 PM EST]    InvestorsLive no I use 1 min chart watch volume, price action, candlesticks

[Dec 18, 2011 8:29:08 PM EST]    skhomu1             OK thanks

[Dec 18, 2011 8:29:40 PM EST]    InvestorsLive QUESTION: Can we talk about halts ? any advice to try avoiding being caught in one ? anything to know about that ? Thanks ! Also plays like LIVE this week are definitely scary for newbies, would love to learn all details about a play like that !

[Dec 18, 2011 8:30:11 PM EST]    InvestorsLive I tend not to play FDA stocks that have stuff pending, or big moves after their initial move

[Dec 18, 2011 8:30:27 PM EST]    InvestorsLive if there is chatter on a buyout usually I’ll play the initial move and then leave it alone

[Dec 18, 2011 8:30:36 PM EST]    InvestorsLive Never hold pharmas over night

[Dec 18, 2011 8:30:54 PM EST]    InvestorsLive there’s circuit breaker halts, and real halts

[Dec 18, 2011 8:31:06 PM EST]    InvestorsLive circuit breaker halts aren’t anything like the real thing

[Dec 18, 2011 8:31:14 PM EST]    spiderdan04       DNDN perfect example

[Dec 18, 2011 8:31:22 PM EST]    InvestorsLive they are just a pause in trading for a min, the real halts suck – I got caught in RINO lost 50%

[Dec 18, 2011 8:31:41 PM EST]    InvestorsLive FMCN I was in one halt off the bottom – but that was circuit breaker

[Dec 18, 2011 8:32:14 PM EST]    InvestorsLive can’t really ‘stay out’ of the real ones – but if u want to stick to real stocks not pending any news… any decisions, legal, buyouts, bankruptcy, fraud allegations etc

[Dec 18, 2011 8:32:28 PM EST]    InvestorsLive so that leaves u with AAPL GOOG and MSFT

[Dec 18, 2011 8:32:29 PM EST]    InvestorsLive hehe

[Dec 18, 2011 8:33:09 PM EST]    InvestorsLive and re: LIVE comment scary for newbies that’s why I always state CAREFUL – RISKY LOW FLOAT Etc on purpose even tho many people dont read and only read tickers 🙂

[Dec 18, 2011 8:33:26 PM EST]    InvestorsLive that’s all you guys sent in, so if further questions feel free to ask

[Dec 18, 2011 8:34:02 PM EST]    spiderdan04       didn’t AMR get halted a week or so back?

[Dec 18, 2011 8:34:16 PM EST]    InvestorsLive yep

[Dec 18, 2011 8:34:30 PM EST]    InvestorsLive LIVE chart we traded: http://www.investorsunderground.com/img/UOULXGFZPP.png

[Dec 18, 2011 8:34:41 PM EST]    InvestorsLive gearing mid day, then all the HODs broke and bam

[Dec 18, 2011 8:34:49 PM EST]    InvestorsLive example of … umm hello, take profits

[Dec 18, 2011 8:35:40 PM EST]    InvestorsLive https://www.investorsunderground.com/img/AOUCTRXLZA.png daily chart

[Dec 18, 2011 8:35:43 PM EST]    InvestorsLive why I was of interest in RJET

[Dec 18, 2011 8:35:56 PM EST]    InvestorsLive risk/reward – and if it pops history of big candles

[Dec 18, 2011 8:36:20 PM EST]    InvestorsLive red/green action: http://www.investorsunderground.com/img/UHXUXDWISD.png

[Dec 18, 2011 8:36:23 PM EST]    InvestorsLive NLST

[Dec 18, 2011 8:36:40 PM EST]    InvestorsLive off a big chart (prior days had ran huge, down every day since) this was first day rebound and green

[Dec 18, 2011 8:37:08 PM EST]    captrader            At what point do you add to a position when scaling in? Do you look for any indicators, price patterns etc?

[Dec 18, 2011 8:37:27 PM EST]    InvestorsLive I only add in on a parabolic or if it sets up again, and fades/breaks down

[Dec 18, 2011 8:37:34 PM EST]    InvestorsLive otherwise let it trade out

[Dec 18, 2011 8:38:01 PM EST]    InvestorsLive have an idea of risk reward before going in, idea of where I’d like it to pop to, and once in full size just have to respect a stop loss

[Dec 18, 2011 8:40:30 PM EST]    InvestorsLive any questions guys? Me, L, Mud

[Dec 18, 2011 8:40:43 PM EST]    InvestorsLive u guys made this week easy

[Dec 18, 2011 8:40:50 PM EST]    InvestorsLive must be Holiday Season

[Dec 18, 2011 8:40:58 PM EST]    Rainmaker          earlier the questions regarding exiting strategy.. ive found there is no debate for me anymore, if i get up i take profits.. if its ideal i can get back out most my initial investment and ride the rest… and then i can think all i want.. otherwise i eff the trade up.. and throw my keyboard against a wall.

[Dec 18, 2011 8:42:52 PM EST]    InvestorsLive For those who are trying to make a living doing this and building accounts there is no better way

[Dec 18, 2011 8:43:20 PM EST]    InvestorsLive for those independently wealthy … who want to give things a chance and see the what if

[Dec 18, 2011 8:43:23 PM EST]    InvestorsLive and let things keep rollin’

[Dec 18, 2011 8:43:25 PM EST]    Laura selling partial and letting the rest ride is a good strategy

[Dec 18, 2011 8:43:36 PM EST]    Rainmaker          if i debate it at all.. i usually end up giving back my profits. so its no longer a question.. and thats helped a lot..

[Dec 18, 2011 8:43:37 PM EST]    InvestorsLive then that works well too

[Dec 18, 2011 8:43:42 PM EST]    Laura many many ways to exit

[Dec 18, 2011 8:44:14 PM EST]    Laura if we are up huge on a big momo runner, we may let it run all day, and only sell when it reverses

[Dec 18, 2011 8:44:39 PM EST]    miamisam87       how many positions do you hold ? for someone begining is it better to only play one stock at a type

[Dec 18, 2011 8:44:41 PM EST]    miamisam87       time*

[Dec 18, 2011 8:44:59 PM EST]    InvestorsLive on the flip, Muddy has made his $$ and gets more satisfaction out of the % move and catching the run than the $ itself

[Dec 18, 2011 8:44:59 PM EST]    Laura on the higher priced ones, I like using Derffie’s simple strategy of using the 13ma line to decide whether to stay in or get out.

[Dec 18, 2011 8:45:11 PM EST]    Laura lol, he does

[Dec 18, 2011 8:45:18 PM EST]    captrader            I’d love to hear your thought…do you anticipate further upward movement in (GEVA)

[Dec 18, 2011 8:45:22 PM EST]    InvestorsLive so he likes to buy and so what if he’s up 30% he’d rather let it keep rollin’ and stop out off highs

[Dec 18, 2011 8:45:25 PM EST]    InvestorsLive than just take a gain cuz its up

[Dec 18, 2011 8:45:51 PM EST]    Laura thing is, Muddy retired, he plays for fun now.

[Dec 18, 2011 8:45:56 PM EST]    karen99                Question on LIVE? I think i thursday it went from 6.40 to 7 in seconds. I think Jeremy20 mentioned it in chat room. I pm him about and he said he sent it to 6.40 and someone else sent it to 7. I don’t understand that. If jeremy is on, can you explain

[Dec 18, 2011 8:45:56 PM EST]    InvestorsLive that’s a good one L w/ 13EMA and Derf has been great and very disciplined

[Dec 18, 2011 8:46:10 PM EST]    Laura everyone has different goals and needs.

[Dec 18, 2011 8:46:16 PM EST]    Laura I use it a lot IL

[Dec 18, 2011 8:46:23 PM EST]    Laura works great.

[Dec 18, 2011 8:46:33 PM EST]    InvestorsLive GEVA has 25k volume captrader …. ignore

[Dec 18, 2011 8:46:37 PM EST]    Jimbo    13EMA on what time frame

[Dec 18, 2011 8:46:48 PM EST]    Laura 1 min chart

[Dec 18, 2011 8:46:51 PM EST]    Rainmaker          i know i saw u mention it on one of the older seminars.. what is that.. just setting 13 ma on what a daily chart?

[Dec 18, 2011 8:46:53 PM EST]    Rainmaker          oh ok

[Dec 18, 2011 8:47:03 PM EST]    Jimbo    k

[Dec 18, 2011 8:47:12 PM EST]    InvestorsLive don’t know karen question doesnt make sense

[Dec 18, 2011 8:48:09 PM EST]    captrader            What minimum volume are you typically seeking?

[Dec 18, 2011 8:48:34 PM EST]    Laura Look at SINA 1 min chart with 13ma on it Friday, for example

[Dec 18, 2011 8:48:40 PM EST]    InvestorsLive something at least tradeable captrader

[Dec 18, 2011 8:48:42 PM EST]    miamisam87       what do you think about KITD

[Dec 18, 2011 8:48:50 PM EST]    InvestorsLive 25k over a full day, what u gonna do with it

[Dec 18, 2011 8:49:13 PM EST]    InvestorsLive but volume is all relative to the play, 300k on one play vs. 10m on another

[Dec 18, 2011 8:49:22 PM EST]    InvestorsLive its all relative to the play at hand, but regardless just liquidity

[Dec 18, 2011 8:49:28 PM EST]    InvestorsLive we ignore illiquidity

[Dec 18, 2011 8:49:30 PM EST]    InvestorsLive we are traders

[Dec 18, 2011 8:50:01 PM EST]    InvestorsLive KITD? for what

[Dec 18, 2011 8:50:15 PM EST]    InvestorsLive I think some are misunderstanding the chat room – we trade momentum, we trade stocks that move

[Dec 18, 2011 8:50:21 PM EST]    InvestorsLive we trade stocks with trends

[Dec 18, 2011 8:50:32 PM EST]    InvestorsLive we don’t try to predict Sunday night if we should ahve sold on Friday

[Dec 18, 2011 8:50:41 PM EST]    InvestorsLive we focus on the price action come Monday

[Dec 18, 2011 8:50:47 PM EST]    miamisam87       gotcah

[Dec 18, 2011 8:50:52 PM EST]    Rainmaker          back to the chart Laura u were saying SINA 1 min chart 13 ma?

[Dec 18, 2011 8:50:55 PM EST]    InvestorsLive or over extended charts, beat down charts etc

[Dec 18, 2011 8:51:08 PM EST]    FadilCashflow    if we took profits on ABOT on friday, for monday if we want to get back in should we only get back in on a dip or for a pump u have different rules rather then A,B,C,D setup

[Dec 18, 2011 8:52:13 PM EST]    InvestorsLive I’ll buy any big washout out of open on ABOT

[Dec 18, 2011 8:52:20 PM EST]    InvestorsLive if it trends hold I’ll buy dips

[Dec 18, 2011 8:52:30 PM EST]    InvestorsLive with a risk planned off lows

[Dec 18, 2011 8:53:19 PM EST]    Robyn   Do you have any suggestions on how to spot a wash out vs catching a falling knife on something? ATHN might be 1 example

[Dec 18, 2011 8:53:47 PM EST]    InvestorsLive well ATHN is a falling knife but .. we’re talking ABOT which is a pump

[Dec 18, 2011 8:54:09 PM EST]    InvestorsLive so I doubt it dies in a day… maybe it does

[Dec 18, 2011 8:54:17 PM EST]    InvestorsLive but educated plan to buy any panic/washout in the AM

[Dec 18, 2011 8:54:36 PM EST]    InvestorsLive ATHN was a death drop, falling knife can’t really have a plan prior to washout there

[Dec 18, 2011 8:55:16 PM EST]    InvestorsLive just like big plays that have had nice trends, and we’re wating for pull backs

[Dec 18, 2011 8:55:26 PM EST]    InvestorsLive any quick washouts/pull backs in the trend for an entry

[Dec 18, 2011 8:56:52 PM EST]    InvestorsLive ATHN, FMCN stuff like that which are death drops aren’t prior planned things that we’re hoping for washouts on

[Dec 18, 2011 8:56:59 PM EST]    InvestorsLive tehy are straight up falling knives

[Dec 18, 2011 8:57:05 PM EST]    InvestorsLive any other questions guys?

[Dec 18, 2011 8:59:20 PM EST]    J_cam   What are you using intraday to catch plays that werent on watchlist

[Dec 18, 2011 9:00:07 PM EST]    InvestorsLive HOD/LOD list

[Dec 18, 2011 9:00:24 PM EST]    InvestorsLive EquityFeed scans

[Dec 18, 2011 9:00:59 PM EST]    InvestorsLive Chat room

[Dec 18, 2011 9:01:02 PM EST]    InvestorsLive T530

[Dec 18, 2011 9:01:08 PM EST]    InvestorsLive Twitter

[Dec 18, 2011 9:01:10 PM EST]    Laura HOD LOD rocks

[Dec 18, 2011 9:01:13 PM EST]    InvestorsLive Emails

[Dec 18, 2011 9:01:18 PM EST]    Laura T530 rocks

[Dec 18, 2011 9:01:29 PM EST]    spiderdan04       T530?

[Dec 18, 2011 9:01:36 PM EST]    J_cam   ok

[Dec 18, 2011 9:01:37 PM EST]    Laura trader530

[Dec 18, 2011 9:01:48 PM EST]    Laura here in chat during day

[Dec 18, 2011 9:02:02 PM EST]    InvestorsLive Any other questions? Hit everyone elses questions that had PMed

[Dec 18, 2011 9:02:10 PM EST]    InvestorsLive if not speak up

[Dec 18, 2011 9:02:21 PM EST]    Rainmaker          is it still tebow time?

[Dec 18, 2011 9:02:26 PM EST]    Rainmaker          haha

[Dec 18, 2011 9:02:30 PM EST]    InvestorsLive nah #FAIL

[Dec 18, 2011 9:02:45 PM EST]    Laura Tebow blow

[Dec 18, 2011 9:02:56 PM EST]    Rainmaker          agreed.. thanks guys c ya tomorrow

[Dec 18, 2011 9:02:56 PM EST]    InvestorsLive TeBlow

[Dec 18, 2011 9:03:18 PM EST]    Laura I won 7/10 bets this week on NFL. Shame they were virtual bets.

[Dec 18, 2011 9:03:22 PM EST]    spiderdan04       could you explain the seminar about suretrader. Do I need a series 5- something to open an account? Kind of confused with that.

[Dec 18, 2011 9:03:39 PM EST]    InvestorsLive no

[Dec 18, 2011 9:03:48 PM EST]    InvestorsLive that’s what big benefit, for those under $25k

[Dec 18, 2011 9:04:06 PM EST]    InvestorsLive its REGISTERED and don’t need Series 56 and can daytrade with as little as $2k

[Dec 18, 2011 9:04:15 PM EST]    Ironman               rainmaker i was just reading up, in regards to profits fwiw way i think of things is originally “riak on” then once you lock in as long as u go to break even stop or even better its “risk off”

[Dec 18, 2011 9:04:42 PM EST]    Ironman               if that makes sense

[Dec 18, 2011 9:04:44 PM EST]    spiderdan04       ::biggrin

[Dec 18, 2011 9:05:01 PM EST]    Laura usually doesn’t with your typing Ironman

[Dec 18, 2011 9:05:03 PM EST]    Rainmaker          u may have to re write that one for me lol

[Dec 18, 2011 9:05:04 PM EST]    Laura 😀

[Dec 18, 2011 9:05:18 PM EST]    Ironman               if stop=30c share, lock hal fin @ 30c share or greater now risk is off if u have discipline

[Dec 18, 2011 9:05:26 PM EST]    Rainmaker          gotcha

[Dec 18, 2011 9:05:34 PM EST]    Laura he has a spacebar problem

[Dec 18, 2011 9:05:44 PM EST]    Ironman               so no risk= free trade if u honor your stop

[Dec 18, 2011 9:05:47 PM EST]    Ironman               lol yep

[Dec 18, 2011 9:05:50 PM EST]    InvestorsLive http://www.mavisbeacon.com/

[Dec 18, 2011 9:05:55 PM EST]    Ironman               because my %%%% arms to big

[Dec 18, 2011 9:05:57 PM EST]    Laura yup IL

[Dec 18, 2011 9:05:58 PM EST]    Ironman               lol

[Dec 18, 2011 9:05:59 PM EST]    koogar  was Hal Huck’s brother?

[Dec 18, 2011 9:06:06 PM EST]    Laura but your %%% is small

[Dec 18, 2011 9:06:18 PM EST]    Ironman               haha

[Dec 18, 2011 9:06:23 PM EST]    Laura lol

[Dec 18, 2011 9:06:30 PM EST]    Ironman               zing!!!!!!!!!!!!!

[Dec 18, 2011 9:06:48 PM EST]    spiderdan04       Laura got jokes.

[Dec 18, 2011 9:06:56 PM EST]    Laura I been busting on Iron aka Mike forever on his typing

[Dec 18, 2011 9:07:00 PM EST]    Ironman               was good one tho

[Dec 18, 2011 9:07:20 PM EST]    Rainmaker          greed is such a biotch

[Dec 18, 2011 9:07:22 PM EST]    Rainmaker          lol

[Dec 18, 2011 9:07:36 PM EST]    Laura I ain’t messing with him tho, Iron lifts serious weight

[Dec 18, 2011 9:07:52 PM EST]    Ironman               yeah funny thing is my spelling is actually amazing, bad typer, im just a hyper aggressive dude, so my mind goes way faster than i type it in

[Dec 18, 2011 9:08:04 PM EST]    Laura stop the ‘roids dude

[Dec 18, 2011 9:08:08 PM EST]    Ironman               haha well L im nice guy tho..lmao

[Dec 18, 2011 9:08:13 PM EST]    Laura hehe

[Dec 18, 2011 9:08:33 PM EST]    Ironman               well i never id them, but def couldnt now coul du imagine roid rage + trading

[Dec 18, 2011 9:08:42 PM EST]    Ironman               id have to buy 4 new monitors every week

[Dec 18, 2011 9:08:43 PM EST]    Laura id them?

[Dec 18, 2011 9:08:53 PM EST]    Ironman               short for i would

[Dec 18, 2011 9:08:55 PM EST]    Ironman               lol

[Dec 18, 2011 9:08:57 PM EST]    Laura ha

[Dec 18, 2011 9:09:06 PM EST]    Rainmaker          get the device where u talk and it types for u.. lol

[Dec 18, 2011 9:09:10 PM EST]    InvestorsLive alright guys – heading off have a good night

[Dec 18, 2011 9:09:11 PM EST]    Ironman               oh that i was *did

[Dec 18, 2011 9:09:13 PM EST]    Laura ok, I’m out. Night guys!

[Dec 18, 2011 9:09:23 PM EST]    InvestorsLive ill be on early if follow up questions

[Dec 18, 2011 9:09:27 PM EST]    InvestorsLive ug uys made it too easy tonight

[Dec 18, 2011 9:09:27 PM EST]    Ironman               i will rainmaker send me one for x mas

[Dec 18, 2011 9:09:32 PM EST]    InvestorsLive not supposed to do that

[Dec 18, 2011 9:09:39 PM EST]    InvestorsLive for all u new members PLEASE check out the new member page

[Dec 18, 2011 9:09:40 PM EST]    InvestorsLive off the dashboard

[Dec 18, 2011 9:10:21 PM EST]    Ironman               have good night L, IL , everyone

[Dec 18, 2011 9:10:44 PM EST]    spiderdan04       thanks IL. we’ll make sure to ask more questions next time. ::biggrin

[Dec 18, 2011 9:11:57 PM EST]    MilesJStoner      http://www.boomwin.com/ up

[Dec 18, 2011 9:11:58 PM EST]    rwaters254         Thanks Nate, that was short and sweet

[Dec 18, 2011 9:12:42 PM EST]    bergsepp             Thanks and good night!

[Dec 18, 2011 9:14:07 PM EST]    Ironman               http://highschool.rivals.com/content.asp?CID=1308327

[Dec 18, 2011 9:14:33 PM EST]    Ironman               lol looks like bowling pins except its people gettin ghit

[Dec 18, 2011 9:14:49 PM EST]    Ironman               lol, nice spare tho

[Dec 18, 2011 9:15:32 PM EST]    Ironman               sob end up in the cart then says f it bails rolls out lmao, why didnt he just stop it haha

[Dec 18, 2011 9:15:34 PM EST]    spiderdan04       lol

[Dec 18, 2011 9:16:27 PM EST]    Ironman               sucks for Kobe Bryant about to lose ummm about 180 mil

[Dec 18, 2011 9:16:35 PM EST]    Ironman               no prenup, dumbass

[Dec 18, 2011 9:17:04 PM EST]    Ironman               wonder if he will get that $20 mil ring back he bought for his last mistake

[Dec 18, 2011 9:17:07 PM EST]    Ironman               ha

[Dec 18, 2011 9:17:12 PM EST]    Jimbo    how lucky did she get

[Dec 18, 2011 9:17:30 PM EST]    Ironman               very never wprked day in life im sure, im goign to try and be her rebound!!!!!!!!!!!!!!!!!!!!

[Dec 18, 2011 9:17:43 PM EST]    spiderdan04       gn.

[Dec 18, 2011 9:17:51 PM EST]    Ironman               g night

[Dec 18, 2011 9:18:01 PM EST]    Jimbo    gd luck ironman

[Dec 18, 2011 9:18:10 PM EST]    Ironman               i dont care how rish u are that hurts

[Dec 18, 2011 9:18:21 PM EST]    Ironman               thnx

[Dec 18, 2011 9:18:52 PM EST]    Jimbo    i saw something say 180M is about 91% of what he’s made from playing with the lakers

[Dec 18, 2011 9:19:10 PM EST]    Jimbo    so its gotta hurt a lot

[Dec 18, 2011 9:19:11 PM EST]    Ironman               yeah worth like 360-380 prob low ball to

[Dec 18, 2011 9:19:30 PM EST]    Jimbo    1/2 his worth… poof

[Dec 18, 2011 9:19:38 PM EST]    Ironman               50% of anythign hurts

[Dec 18, 2011 9:19:48 PM EST]    Jimbo    greece haircut

[Dec 18, 2011 9:19:53 PM EST]    Ironman               means if he slept with say 10 woman, high ball prob

[Dec 18, 2011 9:20:13 PM EST]    Ironman               about 18 mil woman= omg prob what 1-2 mil min

[Dec 18, 2011 9:20:18 PM EST]    Ironman               not worth it

[Dec 18, 2011 9:20:20 PM EST]    Ironman               lol

[Dec 18, 2011 9:20:25 PM EST]    Ironman               couldnt been that good

[Dec 18, 2011 9:20:36 PM EST]    Jimbo    lol

[Dec 18, 2011 9:21:12 PM EST]    Ironman               idk hulk hogan just got screwed to

[Dec 18, 2011 9:21:36 PM EST]    Ironman               think theres moral to this story……..if u extremely wealthy young , just date wtf

[Dec 18, 2011 9:21:59 PM EST]    Ironman               dont see lebron gettting hitched ha hes to smart

[Dec 18, 2011 9:22:15 PM EST]    Jimbo    he has kids tho i think

[Dec 18, 2011 9:22:21 PM EST]    Ironman               well of course

[Dec 18, 2011 9:22:27 PM EST]    Jimbo    lol

[Dec 18, 2011 9:22:37 PM EST]    Ironman               but i mean regardless u take care of your kids

[Dec 18, 2011 9:23:05 PM EST]    Ironman               $ to take car eof his kids = what he could wipe his azz with

[Dec 18, 2011 9:23:16 PM EST]    Ironman               if he wanted to and thats them living really good to

[Dec 18, 2011 9:23:29 PM EST]    Ironman               as in prob 100k cars for 16th b day

[Dec 18, 2011 9:23:45 PM EST]    Ironman               or i guess just dont cheat

[Dec 18, 2011 9:23:56 PM EST]    Ironman               idk think id go just dont marry route but hey

[Dec 18, 2011 9:24:07 PM EST]    Jimbo    i would as well

[Dec 18, 2011 9:24:13 PM EST]    Ironman               ill never have to worry about a 80 mil $ contract so

[Dec 18, 2011 9:24:24 PM EST]    Jimbo    but im not wealthy hah

[Dec 18, 2011 9:24:26 PM EST]    Ironman               wont matter

[Dec 18, 2011 9:24:44 PM EST]    Ironman               why ill just marry kobe’s ex then

[Dec 18, 2011 9:24:59 PM EST]    Ironman               lol

[Dec 18, 2011 9:25:08 PM EST]    Ironman               maybe she want sto be trader?

[Dec 18, 2011 9:25:54 PM EST]    Jimbo    yah and if youre in so cal u can run into her

[Dec 18, 2011 9:26:19 PM EST]    Ironman               lol yeah im in buffalo

[Dec 18, 2011 9:26:28 PM EST]    Ironman               far cry away and weather way shittier

[Dec 18, 2011 9:27:49 PM EST]    Ironman               man if FSLR can hold well 31-32 def going to try some monthly calls

[Dec 18, 2011 9:28:14 PM EST]    Ironman               37.50….40…..42 be next stops

[Dec 18, 2011 9:28:39 PM EST]    Ironman               AMZN sheesh really looke dlike wanted 200 then rolllllll

[Dec 18, 2011 9:30:06 PM EST]    Jimbo    AAPL looks like it wants lower

[Dec 18, 2011 9:30:34 PM EST]    Ironman               yeah im guessing lotta folks be buying it into earning + christams but we will see

[Dec 18, 2011 9:30:58 PM EST]    Ironman               380..395 def the levels

[Dec 18, 2011 9:31:04 PM EST]    Ironman               support/ res

[Dec 18, 2011 9:31:33 PM EST]    Ironman               under 380 tho def look slike 365

[Dec 18, 2011 9:31:36 PM EST]    Jimbo    yeah 380 breaks could just drift lower fast

[Dec 18, 2011 9:32:08 PM EST]    Ironman               yeah look slike inverted hed and shoulders on 60 min

[Dec 18, 2011 9:32:21 PM EST]    Ironman               380 shoulders, 363 head

[Dec 18, 2011 9:32:46 PM EST]    Ironman               like 378-380 area

[Dec 18, 2011 9:32:52 PM EST]    Jimbo    ya good pt.. 60min macd pointing up as well (not that significant yet)

[Dec 18, 2011 9:33:04 PM EST]    Ironman               yeah idk i dont look at that

[Dec 18, 2011 9:33:09 PM EST]    Ironman               just charts

[Dec 18, 2011 9:33:24 PM EST]    Ironman               use 20 50 200 day ma tho on dailys thats all

[Dec 18, 2011 9:33:35 PM EST]    Jimbo    k

[Dec 18, 2011 9:33:52 PM EST]    Ironman               there good to us eif u know how to us ethem tho im assuming

[Dec 18, 2011 9:33:55 PM EST]    Jimbo    could try 378-80 with a stop a below that

[Dec 18, 2011 9:34:14 PM EST]    Ironman               yeah prob watch this for calls if looks good

[Dec 18, 2011 9:34:22 PM EST]    Ironman               really watching SPY 121-120 tho

[Dec 18, 2011 9:34:39 PM EST]    Ironman               i hope we get towards 120 see how acts there

[Dec 18, 2011 9:35:15 PM EST]    Ironman               if holds well 121-120 area should get some reversal

[Dec 18, 2011 9:35:25 PM EST]    Ironman               prob look for 122 calls then

[Dec 18, 2011 9:35:27 PM EST]    Jimbo    i do see an open gap tho around 365 from nov 28th

[Dec 18, 2011 9:35:32 PM EST]    Jimbo    does that matter?

[Dec 18, 2011 9:35:39 PM EST]    Ironman               since was pretty big support now res

[Dec 18, 2011 9:36:07 PM EST]    Ironman               well yeah big gap so 370 def level

[Dec 18, 2011 9:36:33 PM EST]    Ironman               but just saying head an dshoulder i see woul dbe 378-380 shoulders, head 365

[Dec 18, 2011 9:36:47 PM EST]    Ironman               prob want it to hold 370 instead of goign 365

[Dec 18, 2011 9:37:15 PM EST]    Jimbo    yeah i hear u

[Dec 18, 2011 9:37:16 PM EST]    Ironman               then u know buyers were trying to be in front of those hoping for test of that

[Dec 18, 2011 9:37:32 PM EST]    Ironman               rather see stock hold higher on dip then test the actual low

[Dec 18, 2011 9:37:42 PM EST]    Ironman               u kno wlower high highe rlow shyt

[Dec 18, 2011 9:37:56 PM EST]    Jimbo    ok so if 380 breaks likely to see 370 area

[Dec 18, 2011 9:38:05 PM EST]    Ironman               means people thinking same thing imo and they wanted to cut in front of those waiting for dead top or bottom

[Dec 18, 2011 9:38:28 PM EST]    Jimbo    gotcha

[Dec 18, 2011 9:38:36 PM EST]    Ironman               jmo tho

[Dec 18, 2011 9:38:49 PM EST]    Ironman               i mean just seems that way like intraday and stuff

[Dec 18, 2011 9:39:06 PM EST]    Jimbo    and on SPY some open gaps below also

[Dec 18, 2011 9:39:18 PM EST]    Ironman               great when u see the stock test only within say .02.05 of hod

[Dec 18, 2011 9:39:42 PM EST]    Ironman               then u know pepps trying to cut in front of hod not willing to pay higher want out or short just in front

[Dec 18, 2011 9:39:50 PM EST]    Ironman               vice versa on long

[Dec 18, 2011 9:40:15 PM EST]    Jimbo    good to know

[Dec 18, 2011 9:41:12 PM EST]    Jimbo    ok bud see u in the chat

[Dec 18, 2011 9:41:14 PM EST]    Jimbo    thanks for the tips

[Dec 18, 2011 9:41:19 PM EST]    Ironman               yeah take care

[Dec 18, 2011 9:41:21 PM EST]    Ironman               im out to

[Dec 18, 2011 9:41:30 PM EST]    Ironman               have great night