Welcome Msg: Welcome index futures traders.  Most of us follow methods taught at intelligentspeculator.com.  We're here when "TRENDVUE TRADERS WKSHOP" is locked down for a paid session. 
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dave_b_quick: Good Morning Traders
Buffy_04364: yeah, I guess that is what we are  :-)
(07:38 AM) dave_b_quick: did you guys spend thte night here?
(07:38 AM) Buffy_04364: LOL not me
(07:39 AM) dave_b_quick: I posted a chart of NQ15m.  The 15m retro trader was up 46 points per contract yesterday
(07:40 AM) dave_b_quick: retro as in retrospective
(07:41 AM) Buffy_04364: looking at it now
(07:42 AM) Buffy_04364: very nice and I agree with your comment on why does it look so easy!
(07:43 AM) dave_b_quick: maybe less is more
(07:45 AM) Buffy_04364: good point - but in retro when I go over my trades no matter what time frame it is very easy to see what I should of done - did you happen to note as a comparison what would of happened on the five?
(07:46 AM) dave_b_quick: ya, 5m and 9m traders got stopped out so many times that when the real moves came they were too demoralized to enter
(07:46 AM) dave_b_quick: and the 9m doesn't usually get faked out
(07:47 AM) Buffy_04364: LOL  now rules are rules in a system - demoralization isn't supposed to figure it - although I know it does
(07:48 AM) dave_b_quick: 9m trader got faked out 10 times yesterday
(07:48 AM) Buffy_04364: that is a lot
(07:48 AM) dave_b_quick: most days the 9m doesn't get faked out more than once or twice
(07:49 AM) Buffy_04364: fake outs happen so much more in a choppy market but it now looks like we might be going to trend where it should happen less often - what do you think
(07:49 AM) Buffy_04364: so the importance of picking the right chart for the day is obvious I guess
(07:49 AM) dave_b_quick: ya, narrow range always leads to expansion sooner or later
(07:51 AM) Buffy_04364: I think Mikes rule that you scalp if MAs are flat helps or stand aside is an option also
(07:52 AM) dave_b_quick: so far my attempts at scalping have been my downfall.  I'm only gonna scalp on paper for a while.  (resolution as of a week ago)
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(07:53 AM) Buffy_04364: it is hard especially if against the trend and one I have ditched also for now
(07:54 AM) CarlL: morning all:)
(07:55 AM) Buffy_04364: morning
(07:55 AM) dave_b_quick: i'm still looking for a scalping method that suits me so I can switch gears and take advantage of the chop, but then if the 15m trader does so good, maybe i should just set my timer for 15 minutes and hang some drywall...
(07:55 AM) dave_b_quick: morning carl
(07:56 AM) CarlL: just wanted to check in and see how everyone is doing trading the markets during the summer when the kids are playing while the adults are away :)
(07:56 AM) dave_b_quick: did you take the summer off?
(07:56 AM) Buffy_04364: it is harder - need more patience
(07:57 AM) CarlL: no still trading    watching the market go thru double tops at 1226 and go thru 1 pt on stop pickoffs and then crack below 1214 BO ---lot of games  going on
(07:58 AM) Buffy_04364: you said it although Dave has posted a chart - 15M - that would of been very profitable for the NQ
(07:59 AM) CarlL: maybe the NQ better way to go than SP for the summer
(07:59 AM) dave_b_quick: winter too i think
(08:00 AM) dave_b_quick: i get too scattered if i try to watch both
(08:01 AM) CarlL: at least NAZ  was true with a Double top at 1727 and then down---straight market
(08:01 AM) Buffy_04364: ditto Dave
(08:03 AM) CarlL: well good luck to all with trading   sold  1220--got to see what they are going to do to me now.....
(08:04 AM) Buffy_04364: Dave - something to consider - when I do longer term instead of the 15M I used to use the 13M
(08:04 AM) Buffy_04364: I know it doesn't divide for futures but did it for stocks
(08:09 AM) dave_b_quick: for the e-mini's too?  that doesn't divide evenly into 405 minutes a day...
(08:10 AM) Buffy_04364: no not for emini just telling you in case you swing trade stocks
(08:11 AM) Buffy_04364: the momentum avg on the 2o ema also seems to warn of fake outs
(08:11 AM) dave_b_quick: ah, i'm gonna start swing trading QQQ using long near month OTM options
(08:12 AM) Buffy_04364: that works
(08:12 AM) dave_b_quick: still on paper so far
(08:13 AM) Buffy_04364: bet your doing ok though
(08:16 AM) Buffy_04364: you know this gets confusing as Don Hall loves the 4M chart - has to do with earth's rotation - and that doesn't divide either
(08:16 AM) dave_b_quick: ya, he might be grasping at straws there imho
(08:17 AM) Buffy_04364: no it is all proven part of gann
(08:18 AM) Buffy_04364: at least I have studied it enough to feel that way
(08:18 AM) dave_b_quick: i'm reading a book by Van Tharp who has done extensive system testing.  He tested a system that enters a long or short by coinflip the bar after it gets stopped out, with a fixed crash stop and trailing stop exit it does very well...
(08:19 AM) Buffy_04364: what do you mean by coinflip dave?
(08:19 AM) dave_b_quick: heads go long, tails go short
(08:20 AM) Buffy_04364: ahh literally ok
(08:20 AM) Buffy_04364: :-)
(08:20 AM) Buffy_04364: interesting
(08:21 AM) dave_b_quick: he concludes that almost all the popular indicators, when tested with the same exit strategy and taking every trade signal, seldom are better than 35% profitable
(08:21 AM) dave_b_quick: and so are worse than a coin flip
(08:22 AM) dave_b_quick: but Gann stuff can't be tested because it's subjective
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(08:23 AM) Buffy_04364: the gann tools in ensign can't be tested?  
(08:24 AM) Daniel X: ..........
(08:24 AM) Buffy_04364: when book written cause a lot of work has been done with gann tools in the last year
(08:24 AM) dave_b_quick: i don't think so, because to test them you have to have an entry rule that can be expressed mathematically
(08:25 AM) dave_b_quick: morning daniel
(08:26 AM) Buffy_04364: true
(08:27 AM) Buffy_04364: looking forward to the class tonight with info on the different cycle tools
(08:27 AM) dave_b_quick: any trade signal that's subjective (requires human interpretation) can't be tested programatically
(08:27 AM) dave_b_quick: ya, i'll be there
(08:35 AM) bassano: Buffy about the class with Ensign, where does Ensign Software User Group show up in the Business and Finance group
(08:36 AM) dave_b_quick: it only shows when open
(08:36 AM) bassano: thanks
(08:36 AM) dave_b_quick: k
(08:37 AM) larrybf: good morning all!
(08:38 AM) Buffy_04364: I did receive an email from zonealarm tech support last night
(08:38 AM) Buffy_04364: bassano it isn't going to show up until the room is open I beleive
(08:39 AM) Dirk-X: Good morning.
(08:39 AM) Buffy_04364: just put howard on your pal list and you will be able to tell when he shows up
(08:39 AM) larrybf: I'm interesed in more info about the "15 minute retro trader"  chart posted today. where do i go?
(08:39 AM) Buffy_04364: morning dirk!
(08:39 AM) dave_b_quick: hi, dirk
(08:39 AM) Buffy_04364: dave did it  :-)
(08:39 AM) larrybf: thanks buffy
(08:39 AM) Buffy_04364: so ask away
(08:40 AM) dave_b_quick: oh, i posted that. Retro is for "retrospective"
(08:41 AM) larrybf: i couldn"t see how you saw thar there was a breakout until well into the trend
(08:41 AM) dave_b_quick: the best time frame is always clear in retrospect, but the 15m trader doesn't get faked out very much
(08:42 AM) Daniel X: Good morning everyone
(08:42 AM) larrybf: true true. but how can we apply this great info real-time?
(08:42 AM) dave_b_quick: the entries are based on buy stop orders one tic above downbars in uptrend, vice versa in downtrend
(08:43 AM) larrybf: is there any initial stoploss?
(08:43 AM) dave_b_quick: 5 points fixed
(08:44 AM) larrybf: thanks dave
(08:45 AM) dave_b_quick: sure
(08:46 AM) Dirk-X: Looks like there is a good chance we will open above the topline of the wedge
(08:46 AM) larrybf: dave - i utilize swing trades (1-3  per day) with a 30 minute chart.  do these rules apply in that time frame?
(08:47 AM) Daniel X: so top of wedge should be my Pivot Res1@1719
(08:48 AM) tomsurf: good morning all :-)
(08:48 AM) Dirk-X: Hi, Tom
(08:48 AM) Daniel X: hey Tom
(08:49 AM) Buffy_04364: in premarket it open right below the resistance will post
(08:49 AM) larrybf: BTW- the 30 minute macd for the nq has been an excellent indicator for me for the past 4 months
(08:49 AM) Daniel X: back in 10 min
(08:49 AM) dave_b_quick: it would be interesting to try those rules on the 30m, larry. 
(08:50 AM) dave_b_quick: Morning, tom
(08:50 AM) larrybf: dave -i don't have tradestation. how can i check it out?
(08:50 AM) Indycator: morning, tom
(08:51 AM) Buffy_04364: Mike's 3/11/17 larry?
(08:51 AM) Buffy_04364: posted
(08:51 AM) larrybf: buffy-what is that?
(08:52 AM) Buffy_04364: pyrapoint - this room has a little of everything   :-)
(08:52 AM) Indycator: anyone else having net problems today?  I can't get a browser window to open in internet explorer
(08:52 AM) Buffy_04364: it is a gann tool in ensign
(08:52 AM) Buffy_04364: code red is causing some problems but not as much as expected so I hear
(08:52 AM) Buffy_04364: much more of a problem overseas
(08:53 AM) larrybf: i am a computer dummy. sounds like ensign is hard to use
(08:53 AM) Buffy_04364: no problem here
(08:53 AM) dave_b_quick: Larry, i don't have TS either.  I haven't figured out how to program that for rigorous backtesting yet, but you can log the 30m trades by hand(shouldn't be too many)
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(08:53 AM) Buffy_04364: no ensign is not hard - great tech support and there are many of use that can help you if you decide to try it
(08:53 AM) Indycator: larry - I are a dummy too and I figured ensign out!
(08:53 AM) Buffy_04364: LOL indy
(08:54 AM) dave_b_quick: anybody use both TS and EW? which is easier to learn?
(08:54 AM) Indycator: :)
(08:55 AM) Buffy_04364: larry, I was asking what parameters you are using for the macd that you have had good luck with
(08:55 AM) Buffy_04364: from what I have read and heard dave - TS is harder
(08:56 AM) dave_b_quick: that's what i figured (i had some other Omega products yrs ago)
(08:57 AM) larrybf: Buffy - i use 12/26/9 on choppy days and  7/21/5  on trending days where the whipsaw action is less
(08:58 AM) Buffy_04364: tks larry
(08:59 AM) larrybf: buffy- you can make some nice money if you can trade 3 contracts. i recommend you take a look at it
(09:00 AM) Buffy_04364: nq I assume?
(09:01 AM) Buffy_04364: longer tf are easier if you have the patience I think and those are good settings for that
(09:01 AM) gunner-: got booted from T site   :)
(09:01 AM) Buffy_04364: now what did you do gunner?  :-)
(09:02 AM) gunner-: didn't pay my dues   LOL
(09:02 AM) Buffy_04364: anyone here signing up for Mike's class tomorrow?
(09:02 AM) dave_b_quick: gunner, i thot you were trader emeritus over there and could drop in on the paid sessions any time...
(09:02 AM) Buffy_04364: LOL gunner - you wanted something for nothing - giggle
(09:03 AM) Daniel X: Larry what type of Macd?
(09:03 AM) gunner-: dave   I can,, have a hat there..just kidding around.. feeling good, took flyer earlier..
(09:03 AM) Buffy_04364: 12/26/9 and 7/21/5 
(09:04 AM) Daniel X: th
(09:04 AM) Buffy_04364: 7/21/5 in trending market
(09:04 AM) Daniel X: i mesa
(09:04 AM) Daniel X: i meant exponetial oe
(09:04 AM) Buffy_04364: I am feeling good today too gunner - thankful for everything in life
(09:04 AM) Daniel X: sesitve keyboard!
(09:04 AM) Daniel X: dam what the he
(09:04 AM) Buffy_04364: oh simple or exp - larry?
(09:04 AM) Daniel X: hold on
(09:05 AM) Buffy_04364: turn it upside down and shake it  :-)
(09:05 AM) Daniel X: lol
(09:05 AM) gunner-: get a higher coffee mug..
(09:05 AM) Daniel X: ok yes that's what i meant
(09:05 AM) Buffy_04364: I do it all the time with the cat hairs - always around no matter how much I brush them
(09:05 AM) Daniel X: lol
(09:06 AM) Dirk-X: Lot of positive energy here, today.  Good to see.
(09:06 AM) Daniel X: LARRY1111
(09:07 AM) Daniel X: !!!!!!
(09:07 AM) Buffy_04364: he must be away cause I pm him
(09:07 AM) Buffy_04364: with ?
(09:07 AM) Buffy_04364: he will be back
(09:07 AM) Daniel X: THNX
(09:08 AM) gunner-: I'm  feeling good cause I'm short.. :)
(09:08 AM) Buffy_04364: nq?
(09:08 AM) Buffy_04364: might be going to test high if gets past this diag in pyra
(09:12 AM) Indycator: gunner,  how short are you?   :)
(09:12 AM) gravestonedoggie: lol
(09:12 AM) gravestonedoggie: yesterday's chat was very good... lot of excellent folks contributing, and very balanced - not one dominating
(09:13 AM) Dirk-X: That single long tail poking down, followed by the gap-up open above the topline of the wedge--the 45min picture definitely looks tall..at least IMHO
(09:15 AM) gravestonedoggie: that sounds worthy of a chart... i cnat find the single long tail... so i may be looking at the wrong timeframe
(09:15 AM) Daniel X: 45 min
(09:15 AM) gravestonedoggie: assume 45 min
(09:15 AM) gravestonedoggie: right
(09:16 AM) gravestonedoggie: the last 45 min bar is what you msut mean by the single long tail
(09:16 AM) Dirk-X: yes
(09:16 AM) Dirk-X: found support at important point
(09:16 AM) Dirk-X: will post
(09:16 AM) gravestonedoggie: ok, ic
(09:17 AM) gunner-: Indy....  back to full height,, took 7
(09:18 AM) larrybf: Daniel X- i use the MACD that comes with qcharts. i dont do any fancy stuff
(09:18 AM) Indycator: way to go, gunner....
(09:19 AM) Daniel X: exponential or simple?
(09:19 AM) Dirk-X: Posted close up view with same lines...red arrow is where it looks as though we will open
(09:19 AM) larrybf: oh, i use ema
(09:20 AM) Buffy_04364: the macd can be calculated in simple or exp - --
(09:20 AM) Daniel X: ema?
(09:21 AM) larrybf: exponential moving average
(09:21 AM) Daniel X: thnx
(09:22 AM) cheetah55: gm
(09:22 AM) gravestonedoggie: thnx dirk
(09:22 AM) gravestonedoggie: hi cheetah
(09:22 AM) gravestonedoggie: nice work retro-man
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(09:24 AM) Daniel X: where do i go to take a look at charts the e mini gang post?
(09:25 AM) gravestonedoggie: http://www.dacharts_dachart_dacharts_dachart.com/charts/2001-08-01/
(09:25 AM) Daniel X: thnk
(09:28 AM) Buffy_04364: ok Dave after ctrl - shirt - P to capture window what do I do to send it?
(09:29 AM) dave_b_quick: drag a box around what you want to send, and that's it
(09:29 AM) Buffy_04364: k
(09:29 AM) dave_b_quick: assuming you have the output set to "web"
(09:30 AM) Buffy_04364: yes just posted the pyra again to show how that resistance line working so well today
(09:31 AM) Buffy_04364: welcome to the newcomers!  :-)
(09:31 AM) cheetah55: short es
(09:32 AM) Daniel X: Amazing isn't it Buffy...
(09:32 AM) Daniel X: 1719
(09:33 AM) Buffy_04364: sure is daniel
(09:33 AM) Buffy_04364: not using any indicators Dave?
(09:34 AM) dave_b_quick: nope
(09:39 AM) drh_4: sorry dave....what time frame...you have probably answered that question a 100 times..
(09:39 AM) Daniel X: 1712 sup on PnF
(09:40 AM) dave_b_quick: i'm on NQ 5m, 9m, 15m mainly
(09:41 AM) drh_4: k
(09:41 AM) gravestonedoggie: napm number at 10
(09:41 AM) cheetah55: out of 1 es short for +3.00...still short 1
(09:41 AM) John FF: imo today is down day
(09:41 AM) cheetah55: expect to see 1213 break
(09:42 AM) tomsurf: gsd- thx, good to know if numbers are gonna come out
(09:43 AM) Indycator: cheetah, makin' money out of the blocks, very nice
(09:43 AM) cheetah55: tx indy
(09:43 AM) cheetah55: opened it right in resistance
(09:44 AM) Daniel X: true
(09:44 AM) Daniel X: well done
(09:46 AM) gravestonedoggie: nq lifeless so far
(09:46 AM) Indycator: me too, gsd
(09:46 AM) Buffy_04364: sure is  :-(
(09:46 AM) gravestonedoggie: lol indy
(09:47 AM) Daniel X: if you're going to hold a position @ 10 am better use a wide stop!
(09:47 AM) dave_b_quick: reports?
(09:47 AM) gravestonedoggie: napm
(09:47 AM) Daniel X: napm
(09:47 AM) jimbo_320: is the report out yet?
(09:48 AM) Daniel X: 10
(09:48 AM) Buffy_04364: poke bar on triangle
(09:48 AM) tomsurf: jimb0- top of the hour
(09:48 AM) Daniel X: hence the sideways action
(09:48 AM) gravestonedoggie: nq has held wedge line on dirk's chart so far
(09:49 AM) Buffy_04364: stop = BE
(09:50 AM) jimbo_320: dont i remember a similar fake out yesterday about this time :-)
(09:50 AM) Dirk-X: bounce support happened dead on top of the wedgeline
(09:50 AM) gravestonedoggie: right
(09:50 AM) jimbo_320: anyone got problems with nyse ticks?
(09:50 AM) gravestonedoggie: yest, shakeout after 10 am report was the fakeout
(09:50 AM) Buffy_04364: out + 2.5
(09:50 AM) gravestonedoggie: yes jimbo
(09:50 AM) Daniel X: good Buffy
(09:51 AM) Buffy_04364: nope should of stayed with loser stop
(09:51 AM) cheetah55: flat now  +1.75 on other ES
(09:51 AM) gravestonedoggie: blieve ticks about +200 now
(09:51 AM) cheetah55: the volume is very low for the first 15 mins
(09:51 AM) Daniel X: Trading Reports can be suicidal
(09:51 AM) Daniel X: imo
(09:51 AM) jimbo_320: hard enough without ticks out
(09:52 AM) gravestonedoggie: this address seems to be reporting ticks ok:  http://www.edreyfus.com/cgi-bin/dbsclient?TYPE=P3&TAG=01MKTW+newatch
(09:52 AM) Daniel X: 193 tick
(09:53 AM) gravestonedoggie: that is a free site with excellent data
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(09:53 AM) cheetah55: anyone subscribing to the teachtrade.com now that they are charging
(09:53 AM) tomsurf: cheetah- they have a 7day trail free :-)
(09:54 AM) cheetah55: tom, u using it?
(09:54 AM) gravestonedoggie: ndx leading.. sox upgrade today
(09:54 AM) tomsurf: yep, the free trail that is
(09:54 AM) tomsurf: trial
(09:54 AM) gravestonedoggie: sox has taken out yesterday high, which was at a key R level
(09:54 AM) tomsurf: preety major that SOX upgrade
(09:55 AM) Daniel X: imo wait 5 min post report and see what they want to do with the numbers
(09:55 AM) Dirk-X: CrunchTime
(09:55 AM) jimbo_320: thanks for that url gravestone
(09:56 AM) gravestonedoggie: that free site updates every minute, i think
(09:56 AM) jimbo_320: no delay?
(09:56 AM) gravestonedoggie: but is very good for getting snapshot of internals and index components, for those who follow them
(09:57 AM) jimbo_320: seems quick maybe 30s
(09:57 AM) Daniel X: Larry where was ur entry on Macd....+1?
(09:58 AM) gravestonedoggie: stock quotes are delayed, but indices, breadht, ticks are realtime.. though only updates once a minute or whatever
(09:58 AM) gravestonedoggie: i keep it up as a market snapshot, primarily for breadth reading
(09:59 AM) gravestonedoggie: or for glance at most actives, etc
(09:59 AM) gravestonedoggie: report in 1 min
(09:59 AM) gravestonedoggie: nq test of yest high
(09:59 AM) Daniel X: 1725 PnF break out
(10:01 AM) jimbo_320: must be good news
(10:01 AM) Daniel X: let it settle
(10:01 AM) Buffy_04364: nope
(10:01 AM) gravestonedoggie: bad news was good news yesterday
(10:02 AM) Dirk-X: 1723 is now confirmed support...look at the 5min from yesterday..at the endo of lunch at the highs from 12:40 to 12:55
(10:02 AM) Buffy_04364: nope and I didn't dare move my stop as that has bitten me before but did get some of it
(10:02 AM) Daniel X: digesting right now
(10:02 AM) jimbo_320: 3 1/2 point bar on es
(10:02 AM) Dirk-X: needs to hold there
(10:02 AM) Buffy_04364: awfully big engulfing bar on 3M
(10:02 AM) Buffy_04364: going for a coffee
(10:03 AM) Dirk-X: or retest 
(10:04 AM) gravestonedoggie: nq strong
(10:04 AM) Daniel X: you would swear we gat a rate cut!
(10:05 AM) jimbo_320: not another of those hang onto you hats up days
(10:05 AM) Daniel X: waiting to see what they really want to do
(10:05 AM) jimbo_320: hopefully plenty of trends later
(10:06 AM) John FF: news not great but enforces further rate cuts
(10:07 AM) gravestonedoggie: right, so bad = good thinking
(10:07 AM) gravestonedoggie: quote.com showing ticks, but divided by 100
(10:07 AM) Daniel X: 482 tick
(10:08 AM) Daniel X: .950 trin
(10:08 AM) Buffy_04364: see I shouldn't of left
(10:08 AM) Buffy_04364: oh well
(10:08 AM) Buffy_04364: naturally going to be inside bar on 3m
(10:08 AM) Buffy_04364: looks like
(10:09 AM) Dirk-X: What we got is shorts in the fuel tank
(10:09 AM) Buffy_04364: gee might even get another one
(10:10 AM) gravestonedoggie: sox on highs
(10:10 AM) jimbo_320: somebody just bougth a lot of pcln
(10:11 AM) Daniel X: 1rst ever profit
(10:11 AM) Dirk-X: watch out for short-term double-top.1740 area should be kinda tough, 1774-76 will be price rejection if we get there
(10:11 AM) ispecjh_1: for qcharts tick can maybe use symbol:  QC:TICK.NY
(10:12 AM) Daniel X: I've 1749 as Pivot R2
(10:12 AM) Buffy_04364: jimbo what makes you say the buy initiated the trade?  I could never figure that out
(10:13 AM) John FF: 1730-1740 is channel.  buy or sell b/o
(10:14 AM) Buffy_04364: tks John
(10:14 AM) gravestonedoggie: thnx jh
(10:14 AM) Buffy_04364: testing 10AM high
(10:15 AM) gravestonedoggie: guess i tend to keep my qcharts preoccupied with price and never look at ticks there
(10:16 AM) gravestonedoggie: sp draggy here given strength in ndx
(10:16 AM) Dirk-X: Daniel, How is R2 calculated, given that R1 is [(H+L+C)/3] X 2 - L  ?
(10:17 AM) tomsurf: R2= P+(R1-S1)
(10:17 AM) Daniel X: oh thnx tom
(10:18 AM) tomsurf: just happened to have it at back of notebook ;-)
(10:18 AM) Daniel X: R1 is 2x Pivot-low
(10:19 AM) cctraderx: or use pivot calculator    http://www.stelaronline.com/resource/pivot.htm
(10:19 AM) Daniel X: short formula  same thing
(10:19 AM) gravestonedoggie: shorted es 20
(10:20 AM) gravestonedoggie: stop at 21
(10:21 AM) gravestonedoggie: covered 20
(10:21 AM) Dirk-X: Thx guys
(10:21 AM) Dirk-X: should see support between 22 and 27
(10:22 AM) Dirk-X: NQ
(10:22 AM) John FF: I find it useful to calculate pivot based on overnight numbers.  Hi-Lo and 9:29 before open.  
(10:22 AM) Daniel X: 25 on PnF right in the middle of that
(10:23 AM) tomsurf: http://www.alaron.com/research/sp.htm  sign up free and Jeff will send em to you each evening for Dow, SP and Naz
(10:23 AM) tomsurf: pivots that is
(10:23 AM) cctraderx: or also available each morn on alaron site under s&p
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(10:23 AM) Daniel X: my software calculates automatically and draws the lines for me
(10:24 AM) boomer_95: Daniel..what sofware is that?
(10:24 AM) Daniel X: automatic trendlines also
(10:24 AM) tomsurf: Daniel- mine too but I like to know what is published too
(10:24 AM) Daniel X: Rt Investor by LinnSoft
(10:24 AM) boomer_95: site address Daniel?
(10:24 AM) Daniel X: gotcha Tom
(10:25 AM) Dirk-X: Volitlity to the upside sprung from 1726.50  20 minutes ago
(10:25 AM) Daniel X: www.linnsoft.com
(10:25 AM) Daniel X: comparible to TS
(10:25 AM) Daniel X: PCs and Macs
(10:26 AM) Daniel X: Mac  for me
(10:26 AM) gravestonedoggie: boomer, you asked about adx yest and i never answered... when adx gets in upper 40s to 50's, that is suggesting pretty overexteneded in that timeframe, so that is one use
(10:26 AM) boomer_95: cool grave...appreciate the info...what time frame?
(10:26 AM) gravestonedoggie: yesterday i noted it was about 50 on es in 5 min tf
(10:27 AM) gravestonedoggie: but is applicable in any timeframe
(10:27 AM) cheetah55: short es
(10:27 AM) Buffy_04364: nice information guys
(10:27 AM) gravestonedoggie: does not pick a top... is just a caution flag... often will see a market pullback when adx gets high, and then retest on lower adx reading before topping
(10:28 AM) boomer_95: k...thx grave...will test...
(10:28 AM) Daniel X: especially if stoch pull back in tandem
(10:29 AM) jimbo_320: 5 inside bars on 1min nq
(10:29 AM) cheetah55: stopped -1
(10:29 AM) boomer_95: jimbo..what do ya mean by inside bars?
(10:30 AM) Daniel X: where Jimbo?
(10:30 AM) tomsurf: tick at HOD
(10:31 AM) Daniel X: 1730 PnF support
(10:31 AM) John FF: will 30 hold again?
(10:31 AM) tamepiglet: Well, crud. Two Es shorts and stopped out on both of them.
(10:31 AM) Daniel X: doesn't look that way
(10:31 AM) gravestonedoggie: (adx is measure of trend - whether market is tredning or nnot)
(10:32 AM) John FF: gsd, don't u find that adx lags to much?
(10:33 AM) Daniel X: strength of direction
(10:33 AM) gravestonedoggie: i would not time entires on it, joh.. it is more of a bigger view 'where we are' kind of indictor
(10:33 AM) gravestonedoggie: john
(10:34 AM) John FF: this may be the break dn
(10:34 AM) John FF: fill the gap at 20
(10:35 AM) Daniel X: notice the pause
(10:35 AM) jimbo_320: inside bars are when the first one has a large range, and the next are all within the following on the 1 min nq the first  was five points, then moving narrower, in this case is still within 35-28 range. usually indiactes a move is coming
(10:36 AM) gravestonedoggie: nq finding support at yest hi, so far
(10:36 AM) Buffy_04364: neither the high or low of the first inside bar is outside the previous bar high low
(10:36 AM) boomer_95: k..thx
(10:36 AM) Daniel X: Jimbo they all have to stay inside the last bar
(10:36 AM) Daniel X: first
(10:36 AM) tamepiglet: ddarn, before I could get my buy in at 1222.25 it went above that.
(10:37 AM) John FF: ascending tri on 3 min.  b/o above 35
(10:38 AM) jimbo_320: boomer, volume usually drops off as well. called a bull flag, however flags on futures are notoriusly unreliable, the flag must be broken on large volume otherwise it might reverse
(10:39 AM) Indycator: greetings  4nq
(10:39 AM) jimbo_320: now or never at 1740, it it takes it, buy stops should go and volume increase if there are buyers
(10:39 AM) 4nq: howdy
(10:40 AM) Daniel X: 4 nq how are u?!
(10:40 AM) Daniel X: vacation
(10:40 AM) John FF: looking for 49 and 53 from long at 35
(10:40 AM) Daniel X: haven't seen u in weeks
(10:41 AM) 4nq: been trading nq and beans
(10:41 AM) jimbo_320: i usually wait for a retracement over the bo  before i get in
(10:41 AM) Daniel X: oh ok
(10:42 AM) boomer_95: Daniel..what service to run Linnsoft?
(10:42 AM) Daniel X: I'm using Interquote...u have your choice though
(10:43 AM) jimbo_320: ticks working again
(10:43 AM) boomer_95: k..i see FM too..never heard of that..lol
(10:44 AM) Daniel X: FM?
(10:44 AM) Indycator: quotes from the radio?
(10:44 AM) boomer_95: that is what the site sez
(10:44 AM) 4nq: lol
(10:44 AM) boomer_95: got me..lol
(10:44 AM) Daniel X: oh u mean as a quote vendor...oh ok
(10:45 AM) boomer_95: well..as a service option to run Linn.
(10:45 AM) boomer_95: who knows...lol
(10:45 AM) 4nq: DTN has fm
(10:45 AM) boomer_95: fm functions same as like net or what?
(10:45 AM) Daniel X: nah go with the reputible names
(10:46 AM) Daniel X: reputable
(10:46 AM) Daniel X: aaahhh never mind
(10:47 AM) ppusa: anyone trading the mini nas?
(10:47 AM) Daniel X: yes
(10:47 AM) Daniel X: the majority are
(10:47 AM) ppusa: bit overbot yea?
(10:47 AM) John FF: long from 35 looking for 49 stop at be
(10:48 AM) ppusa: 1735?
(10:48 AM) John FF: yes, if stopped out will get better buy lower
(10:48 AM) Daniel X: JOUGOTITMENG
(10:49 AM) Indycator: chinese?
(10:49 AM) Daniel X: WELCOME
(10:49 AM) Indycator: oh
(10:49 AM) dave_b_quick: i thot that was spanglish for "you got it man"
(10:49 AM) Daniel X: it is
(10:50 AM) dave_b_quick: i didn't know you spoke spanglish, dan
(10:50 AM) Daniel X: i just wanted to welcome him or her
(10:50 AM) Daniel X: lol
(10:50 AM) ppusa: thanks
(10:50 AM) Buffy_04364: anyone lookin gofr long as it didn't go down?
(10:50 AM) larrybf: volume is low on the nq isn't it?
(10:50 AM) dave_b_quick: i was sorta looking for short since it didn't go up
(10:51 AM) ppusa: i am short from here
(10:51 AM) John FF: breaking dn, out
(10:51 AM) Buffy_04364: yep but this is long self here
(10:51 AM) Buffy_04364: we will see
(10:51 AM) ppusa: guess that's what makes a market
(10:51 AM) dave_b_quick: i have a sell stop in under the NQ 5m inside bars
(10:51 AM) Buffy_04364: k
(10:51 AM) Buffy_04364: tks
(10:51 AM) Daniel X: i'm watching Macd as is comes down to zero
(10:51 AM) dave_b_quick: disclaimer: i ain't no expert
(10:51 AM) Dirk-X: Tricky through here...40 held as resistance, with just a little trap above it...looking reversal-ish, but such strong support and trend is still definitely up..
(10:52 AM) Buffy_04364: neither am I dave!
(10:52 AM) Daniel X: Dirk ..yes the 9 min is holding up well
(10:52 AM) Dirk-X: Stops to run..could pop here
(10:53 AM) Buffy_04364: could also be a fakeout
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(10:53 AM) ppusa: the sox is crossing the 200 ma which long term is bullish. But six days up on the nas is shouting wait for dip
(10:54 AM) John FF: needs 3 min close above 40
(10:54 AM) John FF: 35 sup
(10:55 AM) Indycator: 4nq,   did you catch the nice move in beans?  
(10:55 AM) Dirk-X: trying a short here
(10:55 AM) Daniel X: 4 inside bars 5 min
(10:55 AM) John FF: big 33 pt gap dn in sox that needs to get filled.  but maybe not today
(10:56 AM) 4nq: some Indy
(10:56 AM) dave_b_quick: filled my short at 1735.50
(10:56 AM) 4nq: covering nq shorts here
(10:56 AM) 4nq: even now
(10:56 AM) dave_b_quick: 4nq, long time no see.  where ya been?
(10:56 AM) 4nq: dave we could have saved commiss
(10:57 AM) Dirk-X: SL=b/e=37
(10:57 AM) dave_b_quick: LOL
(10:57 AM) ppusa: i  got 34.5
(10:58 AM) Buffy_04364: great all of you
(10:58 AM) 4nq: i can't stay in these rooms too long................i get caught up in the soap opera part and miss trades
(10:58 AM) dave_b_quick: well, it's pretty quiet and focused in here so far
(10:58 AM) ppusa: looking to put it back out
(10:58 AM) 4nq: true
(10:58 AM) jimbo_320: looking clunky
(10:59 AM) Daniel X: sorry u feel that way 4NQ..
(10:59 AM) ppusa: looking for at least 50 point drop from near these levels
(10:59 AM) 4nq: another 30 range in ND that feels like 60
(10:59 AM) Daniel X: 1719 first stop PP USA
(11:00 AM) Daniel X: i hope 
(11:00 AM) ppusa: stop? you mean support?
(11:00 AM) Dirk-X: out 33...think we're still in scalping zone for shorts
(11:00 AM) Daniel X: no ..target
(11:01 AM) Daniel X: 1719 was pivot R1
(11:01 AM) Dirk-X: will take some serious patience methinks, Dan
(11:01 AM) 4nq: we in scalping zone 70% of the time imo
(11:01 AM) jimbo_320: where have all the buyers gone, 1223 is a bargain :-)
(11:01 AM) Daniel X: ditto guys
(11:01 AM) Daniel X: Macd going neg
(11:02 AM) 4nq: vol dead since 10a/m except for spike to 42
(11:02 AM) ppusa: well if we get to 1719 we would almost certainly take out the intraday low of 1714.5
(11:02 AM) ppusa: then we are looking at a retest of 1681
(11:03 AM) ppusa: then we have six days up
(11:03 AM) jimbo_320: buyers showed and save the day
(11:03 AM) 4nq: i have lod rth as 1712.50, ppusa???
(11:04 AM) ppusa: so I would rather be a buyer on some retest of the 1675 level. what is lod rth
(11:05 AM) Indycator: low of day regular trading hours
(11:05 AM) ppusa: you are correct
(11:06 AM) ppusa: anyone long here be careful. i think we are putting in the hod
(11:07 AM) Buffy_04364: just posted 3M 3LB
(11:07 AM) johnl_6: gm all
(11:08 AM) dave_b_quick: gm
(11:09 AM) 4nq: this now appears to be a local trade..........so i try to get in sync on the fade side of locals. Since hod 10 3min bars r only 5points range each..................
(11:10 AM) Dirk-X: trying a long here
(11:10 AM) dave_b_quick: thanks, 4nq, that would have worked every time yesterday and today
(11:10 AM) Buffy_04364: in at 37
(11:11 AM) 4nq: lo0oks like very little stps
(11:11 AM) dave_b_quick: 2B potential on NQ5m
(11:11 AM) Buffy_04364: out
(11:12 AM) tomsurf: ticks just made a new high
(11:12 AM) Buffy_04364: 2b Top?
(11:12 AM) tomsurf: so confirms push up
(11:14 AM) Buffy_04364: tks tom
(11:14 AM) 4nq: this trade is for diamond cutters!!!
(11:14 AM) jimbo_320: stocks are showing  good patterns
(11:14 AM) Buffy_04364: dbl loop on 3M?
(11:15 AM) Buffy_04364: need higher H here
(11:15 AM) tomsurf: pit is quiet though with no dealer interest
(11:15 AM) tomsurf: just locals
(11:16 AM) Buffy_04364: k
(11:17 AM) ppusa: so is that going to be the hod on the mini nas?
(11:17 AM) 4nq: u talk with floor desk ,tomsurf?? or is that Bors info??
(11:17 AM) gravestonedoggie: 5 min nq wedgie?
(11:18 AM) jimbo_320: 3 up - now down on es
(11:18 AM) ppusa: i'm short again
(11:18 AM) johnl_6: awful lot of inside bars on the 2 min es.  thus far they've indicated retraces, followed by continuation of uptrend
(11:18 AM) dave_b_quick: nq5m 2B trader selling 1737.50
(11:19 AM) jimbo_320: tick breaks up trend
(11:19 AM) Buffy_04364: two doji on 60T
(11:19 AM) Buffy_04364: doesn't know what it wants to do
(11:19 AM) Daniel X: shorts cautious wity Dow +
(11:20 AM) jimbo_320: 1224 is bottom of trend on es
(11:20 AM) 4nq: 37 bid to cover,41 stp for b/e
(11:20 AM) jimbo_320: go boys, you can push it up
(11:21 AM) 4nq: stped
(11:21 AM) Daniel X: 1737 holding as PnF support
(11:22 AM) Buffy_04364: tks daniel
(11:23 AM) Daniel X: where's Larry for his Macd analysis?
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(11:24 AM) Buffy_04364: last thing he said I think was it went negative
(11:24 AM) Daniel X: that was me
(11:24 AM) Daniel X: lo
(11:24 AM) ppusa: no real weakness but we are starting to loose momentum and roll over
(11:24 AM) Buffy_04364: oh sorry
(11:24 AM) Buffy_04364: tks for correction
(11:24 AM) Daniel X: it's at zero now
(11:25 AM) Buffy_04364: k
(11:25 AM) tamepiglet: Out for 3/4 es on this last upthrust. Too choppy today. No more trading for me. End the day -1/2.
(11:25 AM) jimbo_320: socks 642 days high 643
(11:25 AM) jimbo_320: lunch time chop coming up?
(11:25 AM) Buffy_04364: Hi Mike
(11:26 AM) tomsurf: Morning mike :-)
(11:26 AM) Indycator: hi mike
(11:26 AM) ppusa: sox looks great
(11:26 AM) Buffy_04364: wanted to ask - you using quick trade on best?
(11:26 AM) 4nq: just tuned on speakers!
(11:26 AM) ispecjh_1: hi Mike
(11:26 AM) cctraderx: went next door for a minute and back, wow dave 40+ in here, 26+ there
(11:27 AM) Buffy_04364: LOL
(11:27 AM) 4nq: where is "there"??
(11:27 AM) cctraderx: t's room
(11:27 AM) cctraderx: trendvue
(11:27 AM) Daniel X: MACD neg
(11:27 AM) Buffy_04364: Howard mentioned this room in his letter last night about the class switching to paltalk
(11:27 AM) ppusa: okay so where do i cover my shorts?
(11:27 AM) 4nq: now
(11:28 AM) jimbo_320: look at the doji on intc daily
(11:28 AM) Orprepus: Daniel X - MACD neg es or nq?  TF?
(11:28 AM) Daniel X: NQ
(11:28 AM) 4nq: long nq
(11:28 AM) johnl_6: sto, macd and money flow all look negative
(11:28 AM) Daniel X: 5 min
(11:28 AM) tamepiglet: I see where firetalk (used by T once) is now part of paltalk.
(11:28 AM) Orprepus: thx
(11:29 AM) tamepiglet: buffy--you got holes in your shorts?
(11:29 AM) Buffy_04364: pyra hitting time line next 4m bar
(11:29 AM) Buffy_04364: giggle
(11:29 AM) Orprepus: johnl - what do you use for money flow indicator?
(11:29 AM) Daniel X: still holding that PnF 37
(11:30 AM) Daniel X: when the buyers stop showing up....@37
(11:30 AM) ispecjh_1: Mike is this your 3 pt momentum shift on the 5m es?
(11:30 AM) ppusa: how about 1743 minus 15 points equals somewhere around 1728
(11:31 AM) 4nq: exit long nq @40
(11:31 AM) 4nq: out
(11:31 AM) tamepiglet: My best ES entry today was at 1223.25 just after 11:00. BUT I missed the 3 point runup to 1226. Darn IB wouldn't execute for me. got out +1/4. That hurts.
(11:31 AM) cheetah55: long es
(11:31 AM) cctraderx: why wouldnt they execute?
(11:32 AM) gravestonedoggie: size matters in this room today
(11:32 AM) ispecjh_1: thanks
(11:32 AM) tamepiglet: Orders just wouldn't execute.
(11:32 AM) gravestonedoggie: lot of short guys here
(11:32 AM) 4nq: is that in es??
(11:32 AM) tamepiglet: Slow like that sometimes.
(11:33 AM) Dirk-X: Mike, look at the NQ 75 tick MACD
(11:33 AM) Dirk-X: very nice
(11:33 AM) tamepiglet: You push the buttons and nothing happens. Don't ask me why. Usually nice and quick.
(11:33 AM) ispecjh_1: thanks , I guess I just saw the divergence, thanks for clarification
(11:33 AM) Dirk-X: trying a short
(11:33 AM) gravestonedoggie: 5 min wedge
(11:34 AM) johnl_6: short es frm 23.75
(11:34 AM) Dirk-X: Posting mine now
(11:34 AM) tamepiglet: Unless we go ES below 1222.50 it's still an uptrend.
(11:34 AM) Dirk-X: CHeck it out
(11:34 AM) cctraderx: wedge - very visible on es
(11:35 AM) Dirk-X: http://www.dacharts_dachart_dacharts_dachart.com/charts/2001-08-01/DirkX.75%20tick4.gif
(11:35 AM) tamepiglet: Chop chop.
(11:36 AM) 4nq: i like chop
(11:36 AM) mike_bruns: Be back at 1;30 to start again.  Break time here.
(11:36 AM) Dirk-X: SL=41
(11:36 AM) tamepiglet: I like auto 10
(11:36 AM) Buffy_04364: k
(11:36 AM) dave_b_quick: sounds like you have the chop figured out, 4nq
(11:36 AM) ispecjh_1: Mike the Dow almost fit example but not quite i guess
(11:37 AM) dave_b_quick: CJ said just switch the labels on the buy/sell buttons in these conditions
(11:37 AM) tomsurf: pit 1/3 full, local to local
(11:37 AM) dave_b_quick: or was that cheetah?
(11:37 AM) johnl_6: lol dave
(11:37 AM) tamepiglet: 4nq-- have you been short or long or both?
(11:38 AM) 4nq: imo if u r going to be a day trader u must learn to trade what the mkt gives.......and 70% of the time it's chop
(11:38 AM) 4nq: 15%up trend
(11:38 AM) 4nq: 15%down
(11:38 AM) Daniel X: ditto
(11:38 AM) cheetah55: out of long
(11:38 AM) 4nq: or
(11:38 AM) cheetah55: short now
(11:38 AM) 4nq: just be VERY VERY patient
(11:38 AM) dave_b_quick: i agree, 4nq, i just haven't been very successful in chop so far
(11:38 AM) 4nq: which i ain't
(11:39 AM) mike_bruns: I am in the WorkShop tomorrow so will not be here at all on Thursday.
(11:39 AM) tamepiglet: Getting ready to test 1222.50 on the ES
(11:39 AM) mike_bruns: very, very patient.
(11:39 AM) 4nq: lol
(11:39 AM) mike_bruns: Hmmmm. Sounds like discipline.  LOL
(11:39 AM) Buffy_04364: sure does
(11:39 AM) tomsurf: mike- lol
(11:39 AM) johnl_6: so 4nq, are you saying that oscillators are better than trend following methods are better in the long run?
(11:39 AM) gravestonedoggie: wedge break
(11:39 AM) mike_bruns: Be back.
(11:40 AM) 4nq: either way is discipline
(11:40 AM) ppusa: who's your daddy
(11:40 AM) dave_b_quick: 2 different disciplines to acquire, and know when to switch gears
(11:40 AM) tamepiglet: Now we'll see if it breaks the uptrend we've had most of the morning.
(11:40 AM) Daniel X: watch for 30/31
(11:40 AM) ppusa: yes, it has broken
(11:41 AM) johnl_6: es just blew thru 50ma on 2 min like it wasn't there
(11:41 AM) Buffy_04364: right where the diagonals in pyra are
(11:41 AM) Buffy_04364: love it
(11:41 AM) ppusa: but it could resume
(11:41 AM) cheetah55: out of es short...just trying to get back the losses on the last two chop longs.
(11:41 AM) 4nq: john, i am not saying either
(11:41 AM) johnl_6: ok, thx, 4nq
(11:41 AM) Buffy_04364: ah ah cheetah - each trade on its own and don't think about the money you will do better IMO
(11:42 AM) tamepiglet: cheetah--My 2 short losses were at the open. We're backwards!
(11:42 AM) 4nq: i knew a guy would made very good $$$ and made about 15 trades ayear
(11:42 AM) johnl_6: I'll take my 3/4 pt on the es
(11:42 AM) Buffy_04364: hmmm should of asked dirk if we were together today?
(11:42 AM) Buffy_04364: then I would of known LOL
(11:42 AM) 4nq: and guys who made 15 trades a hour
(11:42 AM) johnl_6: seems to want to hang around the 50ma
(11:43 AM) tamepiglet: 4n1--we're not like that around here...  lol
(11:43 AM) ppusa: 1733 is support on 15 min chart
(11:43 AM) leont_2: buffy sound test pls
(11:43 AM) cheetah55: buffy, getting back even wan't my intent...it just worked out that way :-)
(11:43 AM) johnl_6: this is also a pretty good 38% fib retrace on the 2min es
(11:43 AM) Daniel X: 5 a day myself on average
(11:44 AM) Buffy_04364: spoke but don't know if working first time today 
(11:44 AM) 4nq: bbl
(11:44 AM) leont_2: no sound try again
(11:44 AM) cheetah55: es seems to like this 22-26 area as it did yesterday
(11:44 AM) dave_b_quick: lotta ways to skin a cat, and different trading styles represented even in this room where we're all "doing the same thing"
(11:45 AM) Buffy_04364: I find that amazing also dave
(11:45 AM) Dirk-X: Lots of shorts to burn if it pops a little I'm betting...could end up deeing one of those long, grinding, everybody-trying-to-catch-reversals, up-trend days
(11:45 AM) Buffy_04364: it all works too
(11:45 AM) Dirk-X: deeing = seeing
(11:45 AM) Buffy_04364: I heard Mike
(11:45 AM) Buffy_04364: when he was speaking before
(11:45 AM) tamepiglet: Now is it a double ES bottom from 10:50 which will build???
(11:45 AM) leont_2: ok will reboot
(11:45 AM) Buffy_04364: no one said they could hear me leont
(11:46 AM) Buffy_04364: who knows silly silly computers
(11:46 AM) sp-leo: didn't hear you leont
(11:46 AM) Buffy_04364: no I didn't
(11:46 AM) johnl_6: this looks like a good day to trade fib
(11:46 AM) leont_2: didn't speak 
(11:46 AM) leont_2: do a sound test anyone
(11:46 AM) Buffy_04364: fib is usually good isn't it john?
(11:46 AM) leont_2: already rebooted
(11:47 AM) johnl_6: some days are better than others buffy
(11:47 AM) leont_2: are you speaking buff?
(11:47 AM) Daniel X: looks like buyers are losing patience @ 37
(11:47 AM) leont_2: yessssss
(11:47 AM) cctraderx: heard dave
(11:47 AM) leont_2: thank you dave
(11:48 AM) Daniel X: sellers watching the Dow
(11:48 AM) ppusa: i will agree, there has been no real weakness in today's market (until the last 15 minutes) and any short may be premature. But, there are many warning signs that we will fold from somewhere in here for a minimum 50 point drop. NQ
(11:49 AM) Dirk-X: long from 36
(11:49 AM) ppusa: my charts look like we should make one more new highand then?
(11:49 AM) gravestonedoggie: maybe a good day to go bolling
(11:50 AM) leont_2: mike is mike here?
(11:50 AM) gravestonedoggie: bollinger band trading
(11:50 AM) dave_b_quick: mike bruns said he was gonna take a break
(11:50 AM) tomsurf: leont- mike coming bacl later
(11:50 AM) cctraderx: mike will be back at 1:30, i think
(11:50 AM) cctraderx: worth a shot gsd
(11:50 AM) Buffy_04364: heard u dave 
(11:50 AM) johnl_6: well gang, I'm gonna go out on a limb here and call the hod on the es
(11:50 AM) johnl_6: 1232.00
(11:50 AM) ppusa: i am stiking around to see if we start to fall apart. Other than that I think I will entertain you all.
(11:51 AM) leont_2: mike 1227-1232 has acted as resistance four times during the past rallies that was pre earnings what do you make of it if anything
(11:52 AM) leont_2: ok sorry i did not see the prior script
(11:52 AM) leont_2: will try later
(11:53 AM) sp-leo: anyone like the short side here?
(11:53 AM) johnl_6: not yet leo
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(11:53 AM) johnl_6: very possible shortly, tho
(11:53 AM) leont_2: yes but from 1225-27
(11:53 AM) Daniel X: begining of lower highs?
(11:53 AM) sp-leo: may not get back there
(11:54 AM) Buffy_04364: yes and will pose 3m to say why 
(11:54 AM) Buffy_04364: such a beautiful test of backside of TL
(11:54 AM) Buffy_04364: posted
(11:55 AM) Daniel X: where are u posting buffy?
(11:55 AM) Buffy_04364: doesn't mean it will work out though
(11:55 AM) Buffy_04364: www.dacharts_dachart_dacharts_dachart.com
(11:55 AM) 4nq: hi again........is there a "away" option ?
(11:55 AM) Buffy_04364: at least I think I am LOL
(11:55 AM) Daniel X: thnx
(11:55 AM) gravestonedoggie: breadth pretty solid today
(11:55 AM) 4nq: try Listerine
(11:56 AM) Buffy_04364: giggle
(11:56 AM) johnl_6: Long es from 23.25
(11:56 AM) Buffy_04364: hitting that tl again
(11:56 AM) Buffy_04364: hmmm
(11:56 AM) ppusa: patiendce
(11:56 AM) Buffy_04364: might just do it - never know
(11:57 AM) Buffy_04364: would be oe of the few times I have seen it fail
(11:57 AM) cheetah55: long es
(11:57 AM) Buffy_04364: yep patience
(11:57 AM) 4nq: selling nq
(11:58 AM) Daniel X: the thing is ..on PnF we're in a perfect uptrend channel
(11:58 AM) tamepiglet: Broke the mini downtrend line from 11:10 on the es 1 minute
(11:58 AM) Buffy_04364: still testing TL 4nq
(11:58 AM) tamepiglet: but will it last?
(11:58 AM) tomsurf: Buffy- yes, that little trick of your's is usually a nice one....I've been trying to watch it for a while now
(11:59 AM) tamepiglet: Hey johnl, did you cash out??
(11:59 AM) johnl_6: not yet
(11:59 AM) Buffy_04364: you talking about the poke bar tom?
(11:59 AM) leont_2: buffy describe the trick please
(11:59 AM) Orprepus: yes please
(12:00 PM) johnl_6: pretty please?
(12:00 PM) Buffy_04364: I usually set buy/sell stop 2 tics above/below the bar that "pokes" through the pattern 
(12:00 PM) tamepiglet: There have been a couple of mini-runs today, but nothing to write home about.
(12:00 PM) Buffy_04364: if that is the one tom is talking about
(12:00 PM) tomsurf: Buffy- thinking of the break of up trendline and then retest of the bottom of it before it continues down...and reverse for going up
(12:01 PM) Buffy_04364: oh yes always wait for retest
(12:01 PM) gravestonedoggie: abby rally?
(12:01 PM) Buffy_04364: much safer
(12:02 PM) leont_2: buffy can you post a chart later with an arrow? at you convenience of course
(12:02 PM) tomsurf: don't know if discription makes sense...need to get snagit going again..pic is worth amny words, lol
(12:03 PM) Orprepus: buffy your 2tl nq3 - where dows the disappeating tl on the left come from
(12:03 PM) cheetah55: out of es long
(12:03 PM) cheetah55: this is a waste of time right now
(12:03 PM) Buffy_04364: posted but no arrow
(12:03 PM) johnl_6: you're probably right cheetah
(12:03 PM) leont_2: thanks 
(12:03 PM) Buffy_04364: comes from yesterday
(12:03 PM) johnl_6: I'm hangin in a little while tho
(12:03 PM) tomsurf: cheetah till we get outta 1222 to 1226 I think so
(12:04 PM) cheetah55: tom, exactly
(12:04 PM) johnl_6: that's what I'm hoping for tom
(12:04 PM) cheetah55: of course, I soon as I toss the long, it will move over 26 !
(12:04 PM) Buffy_04364: low at 11 - 12:0313:06 EST
(12:04 PM) tomsurf: and hopefully with some Vol. ;-)
(12:04 PM) Buffy_04364: now long
(12:05 PM) Buffy_04364: took out the bar that went back above TL
(12:05 PM) Buffy_04364: and also didn't do what it was suppose to do on retest of bottom of TL
(12:05 PM) ppusa: looks like the 1733 held perfectly on the 15 min chart
(12:05 PM) tomsurf: Buffy- right ;-)
(12:05 PM) Orprepus: thx buffy
(12:06 PM) 4nq: selling nq
(12:06 PM) johnl_6: covered lond at 25.00
(12:06 PM) Daniel X: long from41.50 DTB on PnF and Macd attempting positivity
(12:07 PM) Daniel X: st@42
(12:07 PM) Daniel X:  out b/e
(12:07 PM) 4nq: covering shorts
(12:09 PM) Dirk-X: And we grind on up
(12:09 PM) johnl_6: got my finger on the buy button
(12:10 PM) 4nq: bonds hod
(12:10 PM) 4nq: low
(12:10 PM) 4nq: sorry
(12:11 PM) ppusa: buying what?
(12:11 PM) ispecjh_1: Daniel, what is DTB?
(12:12 PM) Daniel X: double top break
(12:12 PM) ispecjh_1: thanks
(12:13 PM) 4nq: sounds like a Wendy's special
(12:13 PM) gravestonedoggie: nother round of new highs in sox
(12:14 PM) ppusa: sox looks sooo good
(12:14 PM) gravestonedoggie: hehe
(12:15 PM) Daniel X: watch 49
(12:15 PM) johnl_6: ok, if we get an up bar on the 2 min es, I'm going long (or 26.50), which ever comes first
(12:15 PM) 4nq: 6 of SOX plus over2.5 today
(12:15 PM) ppusa:  i makes me want to buy a nas mutual fund and quit "trading"
(12:15 PM) johnl_6: long from 26.50
(12:16 PM) Daniel X: st@46
(12:17 PM) Daniel X: cut 1/2 here
(12:17 PM) 4nq: short 1 only nq
(12:17 PM) jimbo_320: ppusa why not buy a few nq contracts and quit trading lol
(12:18 PM) Daniel X: Macd +
(12:18 PM) ppusa: i think i rather use futures for protection, rather than a position like that
(12:18 PM) Buffy_04364: missed that one off of 3M inside bar  was on the phone doing a tracert for someone
(12:19 PM) Daniel X: stop moved to 47.50
(12:20 PM) ppusa: that's close
(12:20 PM) Buffy_04364: gravestone candle on 60T
(12:21 PM) 4nq: 46 to cover
(12:21 PM) Daniel X: out
(12:21 PM) cctraderx: gsd is getting popular, hehehe
(12:21 PM) gravestonedoggie: es retest of yest high area
(12:22 PM) gravestonedoggie: dow too
(12:22 PM) Buffy_04364: posted 3LB 3M
(12:22 PM) Daniel X: PPUSA only because 49 is major res
(12:23 PM) Daniel X: can always re enter
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(12:23 PM) 4nq: r u guys talking? I don't hear anyone
(12:23 PM) cheetah55: long es
(12:23 PM) 4nq: ah
(12:24 PM) Daniel X: don't think so 4NQ
(12:24 PM) Daniel X: this could be the short trailer DIRK!
(12:24 PM) sp-leo: is this for real or a sucker draw?
(12:25 PM) Buffy_04364: 4 -6 bar retracement time?
(12:25 PM) tomsurf: Nas up vol. today is over 3/1 positive
(12:25 PM) johnl_6: I believe this is for real leo
(12:25 PM) sp-leo: good odds on a friday
(12:26 PM) Daniel X: PnF showing continuation 3 box reversal
(12:26 PM) Daniel X: can't go below 47.50 though
(12:26 PM) sp-leo: sorry, today's not friday
(12:26 PM) Buffy_04364: can you post that daniel?
(12:26 PM) Buffy_04364: oh you don't have snagit right?
(12:27 PM) Daniel X: I wish i could I'm running on a Mac!
(12:27 PM) Buffy_04364: I cna't get it through my thick skull what it is you are seeing even after your great explaination yesterday
(12:27 PM) cheetah55: es gonna hafta go for yest highs now
(12:28 PM) Buffy_04364: I am looking at 5M PnF right now
(12:28 PM) johnl_6: you still long cheetah?
(12:28 PM) tomsurf: Daniel- there is a good screen caption  feebie for the Mac...can't remember the name right now though.
(12:28 PM) 4nq: Softee flirting with green!!!!
(12:28 PM) ensignsoft: I see the attendance in this room is much higher today, possibly because I announced its existance to my customers yesterday.   Anyway, good to see so many present.   Please join Ensign's training class in the Ensign Windows User Group room after the markets close today for 60 to 90 minutes of training on Ensign Windows and technical analysis from Howard Arrington.  We will be using Paltalk for the training class.  So please join us.  We will train on subjects of your choosing.
(12:28 PM) 4nq: look out if so
(12:28 PM) Buffy_04364: I see a long one up to 1750.74
(12:29 PM) dave_b_quick: raise yr hand if you use ensign
(12:29 PM) Buffy_04364: yes Howard I am sure your letter had something to do with it
(12:29 PM) Daniel X: u see the up moves have a 3 box(red) reversal since 1736
(12:29 PM) jimbo_320: rfmd is flying, i am up 6 1/2 from 24 WOW
(12:29 PM) Buffy_04364: LOL
(12:29 PM) Orprepus: great howard
(12:29 PM) johnl_6: consider my hand raised dave
(12:29 PM) Buffy_04364: there must be more ensign users than that
(12:29 PM) Buffy_04364: click on the hand guys!  :-)
(12:30 PM) gravestonedoggie: dont know that more is necessarily better
(12:30 PM) Buffy_04364: LOL no it isn't GSD
(12:30 PM) Buffy_04364: love it
(12:30 PM) dave_b_quick: OK, now raise yr hand if you DON'T use ensign
(12:30 PM) Buffy_04364: LOL
(12:30 PM) Buffy_04364: LOL
(12:30 PM) 4nq: here's th 1753 we've been hearing about for so long
(12:30 PM) Buffy_04364: good one Dave
(12:30 PM) Buffy_04364: LOL
(12:30 PM) Daniel X: long 50 st@ 50.50
(12:30 PM) ppusa: ensign has problems
(12:31 PM) 4nq: Softee green!
(12:31 PM) 4nq: red
(12:31 PM) johnl_6: ok, sorry, I just caught onto the hand deal.
(12:31 PM) johnl_6: i do use ensign, btw
(12:31 PM) Orprepus: cool hand thingy
(12:31 PM) dave_b_quick: i think some people just never raise their hand  no matter what
(12:31 PM) Buffy_04364: yeah we use it to wave bye etc
(12:31 PM) Buffy_04364: I think so too dave
(12:32 PM) 4nq: green
(12:32 PM) Buffy_04364: now daniel let me know when you aren't busy so we can talk about that 5m PnF
(12:32 PM) gravestonedoggie: main even today was shown on dirk's chart - nq after yest fakeout failure has gapped through the top of the wedge and continued higher
(12:32 PM) Buffy_04364: if you don't mind
(12:32 PM) johnl_6: there should be other hand gestures too
(12:32 PM) gravestonedoggie: main event
(12:32 PM) Daniel X: ok
(12:32 PM) johnl_6: (just kidding)
(12:33 PM) cheetah55: john, sorry...yes still long 
(12:33 PM) Orprepus: johnl -LOL
(12:33 PM) Buffy_04364: what is your box size?
(12:33 PM) Daniel X: .50/3
(12:33 PM) Buffy_04364: hey I can post mine and you can tell me if the same as yours
(12:33 PM) johnl_6: just bailed at b/e
(12:33 PM) gravestonedoggie: tend to think this room was good by virtue of being small... created right environment... we will see
(12:34 PM) Daniel X: ok brb
(12:34 PM) Buffy_04364: it isn't bad now GSD
(12:34 PM) tamepiglet: Is this a movement?
(12:34 PM) sp-leo: I don't buy it
(12:35 PM) cheetah55: In large rooms most people are quietly learning, lurking or using us as a contrary indicator !!
(12:35 PM) cheetah55: out of long
(12:35 PM) Buffy_04364: ok PnF posted
(12:36 PM) dave_b_quick: i dono how this got to be a large room.  a lotta people say they like it here 'cuz it's quiet and not too many distractions from trading.
(12:36 PM) ppusa: PnF - point and figure?
(12:36 PM) Buffy_04364: right read when you no in a trade
(12:36 PM) Buffy_04364: yes ppusa
(12:37 PM) johnl_6: Trading is a very lonely profession.  We need somebody to interact with during the day.  I'd be talking to my cats now if they were'nt busy sleeping.
(12:37 PM) Buffy_04364: Howard did it dave :-)
(12:37 PM) 4nq: so how do i do the hand signal??
(12:37 PM) tamepiglet: Are we still in uptrend mode on the ES?
(12:37 PM) Buffy_04364: I still talk to my cats John - old habits hard to break LOL
(12:37 PM) Buffy_04364: click on the hand under the names
(12:37 PM) tamepiglet: Click the hand icon button!
(12:37 PM) ppusa: PnF on mini nas 3x5 says due for reversal
(12:37 PM) Buffy_04364: ?
(12:37 PM) Buffy_04364: I am not following this pnF thing
(12:38 PM) 4nq: hell, John ,I talk to ur cats!!
(12:38 PM) gravestonedoggie: only when they start talking back do you ahve problems
(12:38 PM) ppusa: 15 point pullback
(12:38 PM) Buffy_04364: is my chart like yours ppusa
(12:38 PM) Buffy_04364: that I posted 5M
(12:38 PM) ppusa: where is your chart?
(12:38 PM) gravestonedoggie: hope so cheetah
(12:38 PM) Buffy_04364: what time frame you have
(12:38 PM) tamepiglet: buffy--A person sees cats talking on TV, the movies, how do they (people) know that cats can't talk back???
(12:38 PM) Buffy_04364: www.dacharts_dachart_dacharts_dachart.com
(12:38 PM) Daniel X: Buffy which one is PnF? #7
(12:38 PM) ppusa: checkiing
(12:38 PM) Buffy_04364: yes
(12:38 PM) tamepiglet: If it is on TV it MUST be true.
(12:39 PM) sp-leo: couldn't be on there otherwise
(12:39 PM) Buffy_04364: gee someelse needs to post some charts too guys
(12:39 PM) gravestonedoggie: anyone can post there?
(12:39 PM) dave_b_quick: sure
(12:39 PM) Buffy_04364: yes GSD
(12:39 PM) gravestonedoggie: oh
(12:40 PM) Buffy_04364: instructions on left of main web page
(12:40 PM) dave_b_quick: instructions are at dacharts_dachart_dacharts_dachart.com
(12:40 PM) gravestonedoggie: will try one when have chance
(12:40 PM) Buffy_04364: beat ya Dave LOL
(12:40 PM) tamepiglet: 1226.75 for buy limit stop?? (I'm out the rest of the day; too choppy).
(12:40 PM) dave_b_quick: buffy-b-quick
(12:40 PM) Buffy_04364: LOL
(12:40 PM) Buffy_04364: LOL
(12:40 PM) Buffy_04364: LOL
(12:40 PM) ppusa: buffster, what date did you post your chart?
(12:41 PM) johnl_6: I just figured out your handle GSD (duh!).  I like it.
(12:41 PM) Buffy_04364: 2001-08-01
(12:41 PM) gravestonedoggie: hehe... thnx
(12:41 PM) ppusa: i see judy,, no buff
(12:41 PM) Buffy_04364: the occasional LOL in here is great stress reduction  :-)
(12:41 PM) gravestonedoggie: doji was taken, so had to use doggie
(12:41 PM) cctraderx: buffy = judy
(12:41 PM) Buffy_04364: yes
(12:41 PM) gravestonedoggie: doggie = doji
(12:42 PM) gravestonedoggie: hehe
(12:42 PM) gravestonedoggie: mike = mike
(12:42 PM) Buffy_04364: giggle
(12:42 PM) cctraderx: LOL - GSD
(12:42 PM) ppusa: what are your parameeters
(12:42 PM) Buffy_04364: I should change that to buffy I guess
(12:42 PM) 4nq: if a "hand" is in front of a name does that mean that person wants to private chat??
(12:42 PM) Buffy_04364: .50x3
(12:43 PM) ppusa: okay
(12:43 PM) Buffy_04364: no suppose to mean they want to use the mike
(12:43 PM) Buffy_04364: someone just forgot to turn off their hand cause no one is talking and they are welcome to
(12:43 PM) johnl_6: or use the restroom
(12:43 PM) Daniel X: Buffy I gotta send one to you till i figure out another way...if u don't mind
(12:43 PM) gravestonedoggie: means they have to go to restroom
(12:43 PM) sp-leo: easy way to keep your name at the top
(12:43 PM) Buffy_04364: no broblem
(12:43 PM) cctraderx: lol
(12:43 PM) gravestonedoggie: means they waving hi!
(12:43 PM) tamepiglet: Hey, all those 1 minute bars didn't have any bodies. That was spooky.
(12:44 PM) 4nq: we should start a comedy channel!
(12:44 PM) dave_b_quick: tom & tame, you flipping us the bird?
(12:44 PM) tamepiglet: Is it OK to take our hands down????
(12:44 PM) dave_b_quick: ok
(12:44 PM) cheetah55: tame, yes...no bodies=no volume
(12:44 PM) Dirk-X: And there's a line around the corner to get in, but the bouncers at the door put the velvet rope up...
(12:44 PM) Daniel X: Email Buffy?
(12:44 PM) Buffy_04364: I remember those velvet ropes.........
(12:44 PM) Buffy_04364: unicorn@ctel.net
(12:45 PM) Daniel X: thnx
(12:45 PM) tamepiglet: paper buy ES filled. at 1226.75.trailing loss at 1226.25.
(12:45 PM) Buffy_04364: thank you daniel
(12:45 PM) johnl_6: The ideal situation would be a long lazy climb up the 1232 area (es) and then a bond market selloff after 3:00
(12:46 PM) 4nq: anyone here from North Dakota?
(12:46 PM) ppusa: buffy - same but if you use a 5 point by 3 (15 point reversal) you will notice ithe chart is overextended. So any sell signal that would confirm a down move should result in at least a 15 point drop.
(12:47 PM) sp-leo: my son lived in Devils Lake for awhle
(12:47 PM) tamepiglet: I have no guts. Paper es long closed at 1226.75.
(12:47 PM) dave_b_quick: i knew a guy named BlueThunder from ND
(12:47 PM) ppusa: wheere is north dakota?
(12:47 PM) Dirk-X: 75-tick Trader Vic posted
(12:47 PM) Dirk-X: and short
(12:47 PM) Dirk-X: 52.5
(12:47 PM) Buffy_04364: I see what you are saying ppusa
(12:47 PM) Buffy_04364: tks
(12:48 PM) dave_b_quick: i see, dirk, could be a mini 2B
(12:48 PM) Dirk-X: http://www.dacharts_dachart_dacharts_dachart.com/charts/2001-08-01/DirkX.TV1235.gif
(12:48 PM) ispecjh_1: 15 min es 2b sell?
(12:48 PM) Buffy_04364: perfect example of it  - poke bar would of got me - who told those MM about that? :-)
(12:49 PM) Dirk-X: still short
(12:49 PM) Buffy_04364: doesn't get me on 3M though
(12:49 PM) ppusa: okay everyone, time to wake up
(12:49 PM) tamepiglet: Are they really gonna change their name to 'just' Dakota???
(12:50 PM) Buffy_04364: they said they were gong to quite a while back on one of the news channels
(12:50 PM) tamepiglet: Why you got your hand raised Tomr?
(12:50 PM) 4nq: no , to Canada
(12:50 PM) Buffy_04364: too many thought the name made people think too cold, too stormy , etc
(12:50 PM) ppusa: tiime to short
(12:50 PM) ispecjh_1: Dow 2b sell on 15?
(12:51 PM) tamepiglet: paper es long again at 1226.75
(12:51 PM) Dirk-X: out +1.5
(12:51 PM) tamepiglet: trailing loss again at 1226.25
(12:52 PM) Daniel X: PnF revesal possibility 5 boxes now...has to hold 50
(12:52 PM) qatwo: think they changing name to Da
(12:52 PM) 4nq: MSFT is 10.8% of NDX......and it's starting to rock!
(12:52 PM) tamepiglet: closed out -1/2 es. Just too choppy.
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(12:53 PM) gravestonedoggie: sox still making new highs
(12:54 PM) tamepiglet: Let's go see 4nq!
(12:54 PM) 4nq: can i please take back my " i like chop" print??
(12:54 PM) Daniel X: lol 
(12:55 PM) Daniel X: BRB
(12:55 PM) tamepiglet: a quarter of a point is rocking?
(12:55 PM) Buffy_04364: giggle sure we'll let you
(12:55 PM) dave_b_quick: hahaha, 4nq, after it started to get directional too
(12:55 PM) tamepiglet: Anything to get us out of chop chop land.
(12:55 PM) Orprepus: lol  trend is your way to profits chop/chop cuts them down
(12:55 PM) 4nq: that's 1 billion $$$ in equity gain.
(12:56 PM) Buffy_04364: taking a break here
(12:56 PM) gravestonedoggie: chop makes the short guys shorter
(12:57 PM) tamepiglet: some more no volume bars on the 1 minute es
(12:57 PM) gravestonedoggie: es gone flatline
(12:58 PM) johnl_6: some pretty strong bullish divergences setting up on the es and indu (money flow index)
(12:58 PM) tamepiglet: Well well well. There is finally a red candle on the 30 minute ES chart.
(12:58 PM) gravestonedoggie: was a horizontal single tick bar on 1 min es !!
(12:58 PM) johnl_6: long es from 1226
(12:58 PM) Orprepus: declining volume since this am buying
(12:59 PM) tamepiglet: Was that a buy signal for you johnl???
(12:59 PM) johnl_6: yes
(01:00 PM) johnl_6: the setup piglet was the divergence, I waited for a confirmation on the 2 min chart before I entered
(01:00 PM) 4nq: been fun....have to go...still short a 1 lot from 1749
(01:01 PM) 4nq: cya all
(01:01 PM) johnl_6: cya 4nq
(01:01 PM) tamepiglet: A second red candle 'trying' to form on the 30 minute es chart.
(01:01 PM) gravestonedoggie: (waves bye to 4nq)
(01:02 PM) gravestonedoggie: as did others, hehe
(01:02 PM) 4nq: can't i hit some "away" buttom?
(01:03 PM) gravestonedoggie: that might be on different chat
(01:03 PM) Daniel X: seeyah
(01:03 PM) 4nq: so if ur leaving for a while is there a way to show that?
(01:04 PM) dave_b_quick: GSD, 1der looking for you at TrendVUE
(01:04 PM) cctraderx: nope
(01:04 PM) cctraderx: anything going on over there dave?
(01:04 PM) Buffy_04364: bk
(01:04 PM) tamepiglet: paper short es 1225.25.
(01:04 PM) dave_b_quick: 4nq, one of the rooms uses the hand to indicate away, but we'll just remember
(01:04 PM) Dirk-X: 2 pt. REI divergences on just about all short TF's  (short term TF's: henceforth to be called "shorties")
(01:04 PM) 4nq: lol
(01:04 PM) 4nq: coverd nq
(01:05 PM) 4nq: now i can afford lunch
(01:05 PM) cctraderx: lol
(01:05 PM) tamepiglet: paper short filled. stop at 1226. closed out already? too choppy.
(01:06 PM) johnl_6: es testing 50ma (again) on 2 min
(01:07 PM) gravestonedoggie: ok.. i will go check on 1der
(01:08 PM) Buffy_04364: got your chart - that is a five minute?
(01:08 PM) Daniel X: yes
(01:08 PM) Buffy_04364: all hours or just day?
(01:09 PM) tamepiglet: May be back for the last hour. Good luck everyone!
(01:10 PM) Daniel X: from 1730 low
(01:10 PM) dave_b_quick: thanks tame, go have some fun
(01:10 PM) tamepiglet: And as he steps out the door, it really starts to clunk...
(01:10 PM) Daniel X: today
(01:10 PM) tamepiglet: I hate that!  "-)
(01:11 PM) Daniel X: PnF caught the reversal
(01:11 PM) Daniel X: i did not
(01:11 PM) tamepiglet: Uncany how that works. Turn your back and down she goes.
(01:11 PM) Daniel X: din't have my 47 sell in place...DAM
(01:12 PM) tamepiglet: Probably a stealth bull flag or whatever.
(01:12 PM) cctraderx: jh_1, good call earlier
(01:12 PM) Buffy_04364: a failed 2B that decided to do what it was suppose to  :-)
(01:12 PM) cctraderx: just had to wait awhile
(01:13 PM) Buffy_04364: daniel - would you please send me another one at end of day?
(01:13 PM) Daniel X: sure
(01:13 PM) Buffy_04364: thanks
(01:13 PM) Buffy_04364: my green is you Xs and red is your Os
(01:13 PM) timing_1: long 2425
(01:13 PM) tamepiglet: Hey, don't jinkx it...
(01:13 PM) Daniel X: i know just not as clear
(01:13 PM) Buffy_04364: we match the first four or five but then we don't and I can't figure out why for now
(01:14 PM) tamepiglet: Darn this thing. creeping right back up to es 1225.
(01:16 PM) Daniel X: heard 5 mins ago that CNBC says not to worry...stocks are holding they're higs of the day and we are not going to get a selloff!LOL
(01:16 PM) Daniel X: their...sorry
(01:17 PM) Daniel X: highs
(01:17 PM) timing_1: they give guarantee as well lol
(01:17 PM) Buffy_04364: and we "always" believe" what they say  .......
(01:17 PM) Daniel X: oh but of course 
(01:18 PM) Orprepus: cnbc says buy and rally will hold good short signal
(01:18 PM) Buffy_04364: yep it is  :-)
(01:19 PM) Buffy_04364: not nice if it goes through 41
(01:19 PM) Buffy_04364: unless u r short  :-)
(01:19 PM) Buffy_04364: or should say looking for a short
(01:20 PM) Orprepus: 1742 DB NQ 5, 9, 15 - strong down magnets
(01:20 PM) Buffy_04364: lots of fighting going on on 60T
(01:20 PM) Daniel X: 1742 break down # on PnF
(01:21 PM) Buffy_04364: yep sam with TL just gave it a pt 3xtra
(01:21 PM) Buffy_04364: extra
(01:21 PM) Daniel X: exactly at trend line
(01:21 PM) ppusa: so i am back, what did you all think of my short recommendation
(01:22 PM) Orprepus: Daniel X - would mind sending me a copy of your pnf chart - orprepus@yahoo.com - please
(01:22 PM) Buffy_04364: nice
(01:22 PM) ppusa: thanks buffster
(01:22 PM) Daniel X: ok will do what TF?
(01:22 PM) ppusa: ?
(01:22 PM) Daniel X: time frame
(01:22 PM) Orprepus: what do you watch?
(01:22 PM) ppusa: over
(01:23 PM) ppusa: we are hacking around support
(01:23 PM) Daniel X: 5/9 it depends what u watch also
(01:23 PM) Buffy_04364: daniel at EOD if you could do two different TF that might help figure it out
(01:23 PM) Buffy_04364: 3 and 5 would be ideal for me
(01:23 PM) johnl_6: es still hanging around 50ma on 2 min
(01:23 PM) dave_b_quick: looking back, ppusa you said short at 12:50 which was the high bar.  can't complain about that timing
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(01:23 PM) Daniel X: ok..line up everyone i'm taking orders!
(01:23 PM) Daniel X: lol
(01:23 PM) Buffy_04364: sure can't
(01:24 PM) Orprepus: watch 5, 9, and a little 3
(01:24 PM) ppusa: gut feeling is the plug is going to get pulled but i would not recommend to my "new friends to short here"
(01:24 PM) timing_1: out +1
(01:24 PM) Buffy_04364: that reminds me - I have an email with links to PnF websites if anyone new here wants it
(01:24 PM) Daniel X: i'll send the 3 of them to Buffy and you
(01:24 PM) Orprepus: me buffy - please
(01:25 PM) Orprepus: great thanks Daniel X
(01:25 PM) Buffy_04364: thanks daniel
(01:25 PM) ppusa: hey buffy, remember that 15 point pullback?we had 12.5 of it
(01:26 PM) Daniel X: O do u want yours now? or eod
(01:26 PM) Buffy_04364: yeah I remember thanks for reminding me
(01:27 PM) Buffy_04364: sent orprepus
(01:27 PM) Buffy_04364: u should have it in a second
(01:27 PM) Orprepus: both if you do not mind
(01:27 PM) Daniel X: Orprepus are you a cook?
(01:27 PM) Orprepus: thanks buffy
(01:27 PM) Daniel X: sorry nevrmind
(01:27 PM) Orprepus: why do ask
(01:28 PM) Daniel X: ur name backwards" superpro" that's why i sais neber mind a "p" missing
(01:29 PM) Daniel X: there goes my keys
(01:30 PM) Orprepus: D- X easier to type - SuperPro - right one of the best Frisbee's Whamo ever made 
(01:30 PM) Daniel X: gotcha
(01:31 PM) cheetah55: long es
(01:31 PM) Orprepus: Practicing Frisbitarian - you know when you die your soul goes up on the roof and you can get it down type of stuff
(01:32 PM) cheetah55: I just love playing this es chop game
(01:32 PM) Orprepus: can = can't
(01:35 PM) Orprepus: taking a break - see if gap strong enough pull for afternoon selloff again
(01:35 PM) Buffy_04364: LOL O
(01:35 PM) Orprepus: Buffy - thanks for the pnf links
(01:35 PM) Buffy_04364: I remember those days
(01:35 PM) Buffy_04364: heard you well
(01:36 PM) Buffy_04364: nice to know it works
(01:36 PM) Buffy_04364: u welcome O
(01:36 PM) Buffy_04364: lots of stuff there
(01:37 PM) Orprepus: great - will check it out later - liking what I am seeing on Pyrapoint that Howard shared the other day - especially key turns at end of boxes
(01:37 PM) Orprepus: chat in a little bit got to do the fedex run
(01:38 PM) Daniel X: we're still holding that perfect 45 degree uptrend line on PnF@1742.50
(01:38 PM) ppusa: fourth up hour, need a lower low, due for at least a little more downside
(01:38 PM) Buffy_04364: bear flag on 3M
(01:38 PM) Buffy_04364: ?
(01:39 PM) ppusa: but you know, i would really rather know wheere we will be tomorrow, not in the next five minutes
(01:39 PM) ppusa: any speculation?
(01:40 PM) Daniel X: not in my nature  too dangerous
(01:40 PM) Buffy_04364:   ditto
(01:40 PM) Dirk-X: Question for the Room:  What does "Cum Size" refer to when viewing market depth?
(01:40 PM) Buffy_04364: posed 3M
(01:40 PM) Buffy_04364: no clue sorry
(01:40 PM) ppusa: are we going to get slammed again before the close
(01:41 PM) Buffy_04364: short off of the flag
(01:41 PM) qatwo: cumlative i think
(01:41 PM) ppusa: we just crossed the 5 minute chart 200 bar ma
(01:41 PM) Buffy_04364: got a low for this anyone?
(01:41 PM) ppusa: bearish, 15 on support
(01:41 PM) Buffy_04364: 1732 area?
(01:42 PM) johnl_6: Dirk, I'm not sure what you're referring to
(01:42 PM) Daniel X: 39 to 30 2 points at a time
(01:42 PM) ppusa: 1754 - 15 = 1739  Oh my, is that where we are?
(01:43 PM) Daniel X: cumilative
(01:43 PM) ppusa: cumulative
(01:43 PM) Dirk-X: Should see support come in here at 1740
(01:43 PM) cheetah55: out of es long -1
(01:43 PM) Dirk-X: Cumulative size?
(01:43 PM) timing_1: where is next suport on es?
(01:43 PM) ppusa: much much lower
(01:44 PM) Dirk-X: Oh I see, thanks
(01:44 PM) ppusa: (real support)
(01:44 PM) Daniel X: Buffy 39 was where we came out of congestion
(01:44 PM) timing_1: thata accurate lol
(01:45 PM) Buffy_04364: tks daniel
(01:45 PM) ppusa: i covered my short term short and i am looking for real weakness before I commit to much more than this
(01:46 PM) tomsurf: timing- ES supt is 1220/22 break that w/vol and more down
(01:48 PM) ppusa: downside after 6 days of higher highs is more long side risk than i am willing to take
(01:49 PM) jimbo_320: anyone see 2b on es over last two days anytime frame LOL
(01:50 PM) Buffy_04364: wish I had the patience to trade 3LB on 3M
(01:50 PM) johnl_6: there's a 38% fib level from earlier today that is still intact.
(01:51 PM) johnl_6: at 1222 ish
(01:51 PM) Daniel X: 36 was the last bottom when we started this rally
(01:51 PM) cheetah55: short es
(01:52 PM) Daniel X: H&S anyone?!
(01:52 PM) dave_b_quick: Borselino says there are only 5 locals in the SP pit
(01:52 PM) Daniel X: 9 min
(01:52 PM) ppusa: i don't think the low of the week is in. If I told everyone that today's high would end up being the high for August would you all throw me out of the chat room
(01:52 PM) dave_b_quick: ya, i see that dan. same kind of top yesterday
(01:52 PM) Daniel X: no
(01:52 PM) Daniel X: thnx DAVE
(01:53 PM) dave_b_quick: not at all, ppusa, wouldn't surprise me either
(01:53 PM) Buffy_04364: no we wouldn't pp
(01:53 PM) Buffy_04364: you just might be right
(01:53 PM) Buffy_04364: :-)
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(01:53 PM) ppusa: thanks, i will not forget you
(01:54 PM) Buffy_04364: gee Dave, I see we are still thinking alike today
(01:54 PM) cheetah55: then again, ig ppuse said that today's low might be the low for Aug, I wouldn't be surprised if that was right either.
(01:54 PM) Daniel X: all ideas are welcome
(01:54 PM) Buffy_04364: we all need to discuss various possibilities so there are fewer "surprses"
(01:54 PM) ppusa: unfortunately, I am not making this as a recommendation, I am just not a buyer here
(01:55 PM) dave_b_quick: i promise it won't stay in this little box all month
(01:55 PM) Buffy_04364: T's if then type of thinking
(01:55 PM) Daniel X: just don't say anything contrary to my trade or you'll scare me!...wait till im out.
(01:55 PM) Buffy_04364: ok daniel
(01:55 PM) Daniel X: lol
(01:56 PM) ppusa: what trade?
(01:56 PM) Daniel X: when im in i let u know
(01:56 PM) ppusa: ok
(01:56 PM) Buffy_04364: sounds good
(01:56 PM) cheetah55: the es can go 20-30 secs without movement.  REally bizarre for this time of day.  Gonna be a painfully slow month.  Make vacation plans.
(01:56 PM) Buffy_04364: in the end though we are all responsible for our own trades
(01:57 PM) Buffy_04364: would hate to think someone is following anyone blind 
(01:57 PM) Daniel X: just pulling his leg Buffy
(01:57 PM) Buffy_04364: I know daniel
(01:57 PM) Daniel X: newbie here
(01:57 PM) dave_b_quick: ya, i'm gonna go away for a week or 2 this month
(01:57 PM) Buffy_04364: but I have gotten an email or two saying I didn't call an out
(01:57 PM) Buffy_04364: I got a phone call and came back here saying I didn't know where I had left you all
(01:58 PM) Buffy_04364: scarey thought really
(01:58 PM) Buffy_04364: know what I mean?
(01:58 PM) Daniel X: ok let's see if 42 becomes res now
(01:58 PM) ppusa: newbie with 20 years experience
(01:58 PM) tomsurf: Buffy ;-)
(01:58 PM) Daniel X: yes i do Buffy
(01:58 PM) Daniel X: PPUSA i meant in this room
(01:59 PM) ppusa: i know
(01:59 PM) Buffy_04364: hmmm another flag or a true reversal????
(02:00 PM) Daniel X: who knows what funds people in this room control
(02:00 PM) Buffy_04364: we will miss you dave!
(02:00 PM) ppusa: 42 is 1 minute chart 200 bar ma
(02:00 PM) Buffy_04364: that is true also daniel
(02:00 PM) dave_b_quick: hahaha, i might have to log on from a mountaintop somewhere
(02:00 PM) Buffy_04364: giggle
(02:01 PM) Buffy_04364: I sold my old win 95 laptop and next one is going to be a wireless of some sort
(02:01 PM) dave_b_quick: nice 9m upbar in NQ
(02:02 PM) Buffy_04364: might be doing a 2B of last low on 3M
(02:02 PM) ppusa: oh spank me, they arre going to slam it
(02:02 PM) Buffy_04364: wouldn't throw in towel yes pp
(02:03 PM) Buffy_04364: see how this test goes
(02:03 PM) ispecjh_1: ticks go negative
(02:03 PM) ppusa: yea, i am totally chicken
(02:03 PM) Buffy_04364: time bar coming p in pyra
(02:03 PM) Buffy_04364: my stop is BE
(02:03 PM) ppusa: but my experience says i am going to miss one
(02:04 PM) Daniel X: looks like 42 is res now sorry for not keeping my eye on the ball
(02:04 PM) ppusa: buff, remember 1712.5
(02:04 PM) Buffy_04364: LOL not to be whatever but I miss one at least one a day
(02:04 PM) Nony98: hi room
(02:04 PM) Daniel X: is that all Buffy?LOL
(02:04 PM) Buffy_04364: no it isn't!!!
(02:04 PM) ppusa: hi
(02:04 PM) ppusa: really buff
(02:04 PM) Buffy_04364: have lots of divergence setting up in 60T and 3M
(02:05 PM) Buffy_04364: but we all know what the market thought of them yesterday!
(02:05 PM) Buffy_04364: at least I think it was yesterday
(02:05 PM) Buffy_04364: so who is taking Mike's class tomorrow?
(02:05 PM) Buffy_04364: I haven't decided yet
(02:06 PM) tomsurf: still thinking here too Buffy'
(02:07 PM) Buffy_04364: see it laughed at the divergences again today - think it was about the same time too.  Gee that 3LB on 3M is pretty - will post it
(02:07 PM) cheetah55: cover es short +1
(02:08 PM) Daniel X: how's the sox looking?
(02:08 PM) Buffy_04364: my nq stop was filled for +2.5
(02:08 PM) Daniel X: good
(02:09 PM) Buffy_04364: 5M sure sceams downtrend doesn't it
(02:09 PM) ppusa: we look good here.
(02:09 PM) tomsurf: Daniel, SOX is about -12 off it's highs today
(02:09 PM) ppusa: but we aalways do before they pull the plug
(02:10 PM) Daniel X: profit takers have to come in sometime...thnx
(02:10 PM) ppusa: exactly
(02:11 PM) Daniel X: 2:20 pop
(02:11 PM) ppusa: but where is the next real move going to be? The daily charts all look so good!!!
(02:11 PM) Daniel X: buy @ 2:20 sell @2:40
(02:12 PM) Daniel X: we'll see
(02:12 PM) ppusa: wwe may have just topped on that bounce
(02:12 PM) Buffy_04364: just posted huge triangle we are in on 3M
(02:12 PM) ppusa: if you buy, be careful
(02:13 PM) johnl_6: Buffy, may I pm you?  (or would you pm me?)
(02:13 PM) Buffy_04364: no go ahead
(02:13 PM) Buffy_04364: johnl
(02:13 PM) Buffy_04364: it is ok
(02:13 PM) Buffy_04364: we are in apex of triangle anyway
(02:13 PM) Buffy_04364: don't do anything there
(02:13 PM) Buffy_04364: and down channel to boot
(02:13 PM) Daniel X: 30 is the # on everyone's mind
(02:13 PM) ppusa: triangles are usually continuation patterns
(02:13 PM) Buffy_04364: triangles lie a lot too
(02:13 PM) timing_1: long 1222   bottom been declared by cnbc lol
(02:13 PM) Buffy_04364: always ready for the fakeout
(02:14 PM) Buffy_04364: LOL
(02:14 PM) Buffy_04364: LOL
(02:14 PM) Daniel X: lol
(02:14 PM) tomsurf: timing- LOL, well now we really know it's true then ;-)
(02:15 PM) cheetah55: short es
(02:15 PM) ppusa: what is LOL
(02:15 PM) rs_5: LOL=laughing out loud
(02:15 PM) ppusa: you guys are so technical
(02:15 PM) Daniel X: rotflmao
(02:16 PM) ppusa: i won't ask
(02:16 PM) Daniel X: rolling on the floor laughing my ass off
(02:16 PM) ppusa: oh my, a new low on the mini nas
(02:16 PM) ppusa: how unexpected, not
(02:16 PM) timing_1: o noooo out -1     sue cnbc
(02:16 PM) jimbo_320: take out 1220, you know you want too
(02:17 PM) Daniel X: watch 30 NQ
(02:17 PM) ppusa: i listen to cnbc all the time and they only represent one view - vuy!!!
(02:17 PM) Buffy_04364: didn't realize my sell stop was filled and no stop on other side that is scarey!!!!!
(02:17 PM) ppusa: sorry, buy!!!
(02:17 PM) Buffy_04364: poke bar on that triangle
(02:18 PM) ppusa: cnbc is awful
(02:18 PM) jimbo_320: selling pressure
(02:18 PM) Buffy_04364: stop BE
(02:18 PM) Daniel X: Dow +3
(02:20 PM) Daniel X: careful shorting here
(02:20 PM) Daniel X: looks too easy
(02:20 PM) Buffy_04364: testing low of triangle now
(02:20 PM) Daniel X: 2:20 ding
(02:21 PM) Buffy_04364: stop not quite BE but just inside of triangle on 3M
(02:21 PM) ppusa: yea, carefull
(02:21 PM) cheetah55: cover 1 es short  +2.25
(02:21 PM) ppusa: better to short on a bouonce
(02:21 PM) cheetah55: hold other
(02:21 PM) ppusa: cheetah, you are such an animal
(02:22 PM) dave_b_quick: LOL prosperous mascot
(02:22 PM) Buffy_04364: nice cheetah
(02:22 PM) cheetah55: tx
(02:22 PM) 4nq: damn,...........i coulda been a contender!
(02:23 PM) gravestonedoggie: nq testing yest high again
(02:23 PM) ppusa: you and mike tyson?
(02:23 PM) cheetah55: this sideways on es is trouble...should go lower
(02:23 PM) dave_b_quick: yr a contenda in my book, 4nq
(02:23 PM) 4nq: lol
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(02:23 PM) johnl_6: hard bounce on the es of a 62% fib level, but looks pretty weak, should go lower
(02:24 PM) 4nq: long nq
(02:24 PM) ppusa: ugghh
(02:24 PM) ppusa: no discipline
(02:24 PM) 4nq: u or me?
(02:24 PM) cheetah55: thinking about shorting another to get back to 2 short
(02:24 PM) ppusa: u
(02:24 PM) cheetah55: but will let one ride
(02:25 PM) jimbo_320: out es +4
(02:25 PM) ppusa: i have a saying blah blah bl;ah
(02:25 PM) cheetah55: es to 10:20 low
(02:25 PM) ppusa: seriously, if the high of the day is in, there is no where to go but down
(02:26 PM) cheetah55: er...uh...maybe sideways
(02:26 PM) cheetah55: :-)
(02:26 PM) timing_1: long 1219
(02:26 PM) cheetah55: out +2.5
(02:27 PM) ppusa: market looks oversold but has not even broken it's one minute down trend ma to upside
(02:27 PM) dave_b_quick: 4nq, did you really sell the HOD and then leave for an hour with yr shorts on?
(02:27 PM) 4nq: ppsua, how do u know the hod is in?
(02:27 PM) ppusa: i don't
(02:27 PM) 4nq: no i covered
(02:27 PM) 4nq: at 46
(02:28 PM) ppusa: but i am not ready to risk a buy on six days up
(02:28 PM) dave_b_quick: OK just wondering
(02:28 PM) 4nq: i am long @29and 30 and exiting half
(02:29 PM) 4nq: 33 -34 is mid point
(02:29 PM) gravestonedoggie: nq, nice, what triggered long?
(02:29 PM) 4nq: finger
(02:29 PM) Orprepus: buffy you there
(02:29 PM) gravestonedoggie: lol
(02:29 PM) Buffy_04364: yes
(02:30 PM) ispecjh_1: nq test yst high
(02:30 PM) 4nq: right isp
(02:30 PM) ppusa: 4nq, we are oversold but so short term, i won't play it
(02:30 PM) gravestonedoggie: right, jh
(02:31 PM) Orprepus: was looking a PP chart nq 4m - the trend is going right down the down channel bouncing off the top twice - wow
(02:31 PM) 4nq: exit runners
(02:31 PM) 4nq: limpers make that
(02:31 PM) jimbo_320: 1220 is the crunch, anyone know whats next below that
(02:31 PM) dave_b_quick: orp, who said there's no order to the chop... er, market
(02:31 PM) gravestonedoggie: gap close, jimbo
(02:31 PM) timing_1: a 230 rally coming
(02:32 PM) Buffy_04364: time bar coming up on PP
(02:32 PM) Dirk-X: Dang, really starting to like positioning entries using the market depth screen...you can find a way to give yourself that extra .5 pt of room
(02:32 PM) Orprepus: Dave_b - are you using PP in Ensign also?
(02:32 PM) 4nq: i don't pretend to know wtf the mkt is going to do outside of 1-5 minutes
(02:33 PM) ppusa: what is PP please
(02:33 PM) jimbo_320: doggie, to 1212?
(02:33 PM) Buffy_04364: pyrapoint
(02:33 PM) 4nq: pyrapoint
(02:33 PM) dave_b_quick: orp, i have PP on a couple charts, but just watching it for now
(02:33 PM) Orprepus: Pyrapoint
(02:33 PM) 4nq: u fast buffy
(02:33 PM) ppusa: on ensign?
(02:33 PM) gravestonedoggie: yes, jimbo.. think maybe some support around 1215 too
(02:34 PM) 4nq: brb
(02:34 PM) dave_b_quick: yes pyrapoint comes with ensign
(02:34 PM) Buffy_04364: Howard worked out a deal with Don Hall
(02:34 PM) gravestonedoggie: really, dirk... you can see well there?
(02:34 PM) cheetah55: dirk, what is the market depth screen?
(02:34 PM) Daniel X: heres the pop
(02:34 PM) Buffy_04364: poke bar on 3M 
(02:35 PM) timing_1: out +2
(02:36 PM) Buffy_04364: nice timing
(02:37 PM) timing_1: thnks
(02:37 PM) Dirk-X: now the question is, will our little 2:30 booster rocket scare the short crowd and set off an afternoon rally
(02:37 PM) Buffy_04364: who knows nice hammer on 60T
(02:37 PM) Buffy_04364: hasn't taken out poke bar though
(02:38 PM) Buffy_04364: 3M 3LB has reversed
(02:38 PM) Daniel X: 2 min too out
(02:38 PM) jimbo_320: retest 1219 first?
(02:39 PM) Dirk-X: Buffy, did you ever look at my 2B chart of the 75 tick?  I think my growth as a trader will be about staying in set-ups like those....Dang
(02:39 PM) johnl_6: Dirk, Buffy and Daniel:  I wish I had the faintest clue what the 3 of you are talking about.
(02:39 PM) Buffy_04364: ye sI did
(02:40 PM) Daniel X: out
(02:40 PM) Buffy_04364: it is nice a nice setup
(02:40 PM) Orprepus: dow back to even
(02:40 PM) Daniel X: +3
(02:40 PM) dave_b_quick: too many abbreviations, johnl?
(02:40 PM) Buffy_04364: john what terms are we using 
(02:40 PM) Buffy_04364: that you don't know
(02:40 PM) jimbo_320: puke
(02:40 PM) johnl_6: it's not the terms, it's the setups and stuff
(02:40 PM) Buffy_04364: 2B is short for double bottom
(02:41 PM) dave_b_quick: (or top)
(02:41 PM) Buffy_04364: just let us know if you want a chart example of it
(02:41 PM) tomsurf: john- alot of these terms and set upscome form the TrendVUE site
(02:41 PM) johnl_6: I figured 3M 3LB = 3 minute 3 line break
(02:41 PM) Buffy_04364: true dave top included in that not just bottom
(02:41 PM) Buffy_04364: right
(02:41 PM) Buffy_04364: good job
(02:41 PM) Dirk-X: John, look at the two charts titled DirkX.TV123, and DirkXTV123.update
(02:42 PM) johnl_6: oh tay, will do, thanks
(02:42 PM) ppusa: 4nq, did you catch that bounce?
(02:42 PM) jimbo_320: went the bog and missed the clunk
(02:43 PM) jimbo_320: 1221 was 'the trade'
(02:43 PM) Buffy_04364: taking a break here
(02:43 PM) Buffy_04364: we went from small triangle into a bigger one on 3M
(02:43 PM) Orprepus: dirk you still short
(02:43 PM) Daniel X: ok go the market was just waitng for u
(02:44 PM) jimbo_320: bailed my +6 on RFMD :-)
(02:44 PM) Orprepus: from your nice chart posted
(02:45 PM) Orprepus: Dan-X - did you get short off 42.50 break?
(02:45 PM) tomsurf: john- if you go here to the educational section it will clear up alot for ya- V
(02:45 PM) tomsurf: http://www.trendvue.com/
(02:45 PM) Daniel X: no long
(02:45 PM) Daniel X: near bottom
(02:46 PM) jimbo_320: first time i ever made 25% on a trade 
(02:46 PM) dave_b_quick: john, the trendvue site just went live, so a lot of the educational stuff may not be moved over from the old site yet
(02:48 PM) Buffy_04364: bk
(02:49 PM) Buffy_04364: exciting isn't it jimbo!
(02:49 PM) Dirk-X: Triangle time on the shorties
(02:50 PM) johnl_6: looks like buying time
(02:51 PM) cheetah55: I'm still trying to figure out what dirk's market depth screen is...maybe I missed a post or two.
(02:51 PM) jimbo_320: bloody is buffy
(02:51 PM) Buffy_04364: if you did cheetah I did
(02:51 PM) Buffy_04364: your hooked!
(02:52 PM) jimbo_320: nq much stronger than es
(02:52 PM) gravestonedoggie: cheetah, there is a utuility that shows you what orders stakced up in eminis
(02:52 PM) Daniel X: if Dow goes sowill the NQ
(02:52 PM) cheetah55: short es again
(02:53 PM) cheetah55: oh, yes I know about it
(02:53 PM) Buffy_04364: another test of 1728 coming?
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(02:54 PM) 4nq: back
(02:54 PM) 4nq: ohoh
(02:54 PM) cheetah55: that's where the big boys stack up the bids and then pull them when the market gets there...sometimes anyway.  Kinda tricky.
(02:54 PM) johnl_6: these long, steady declines are very tough to call reversals on.
(02:54 PM) jimbo_320: weeee
(02:54 PM) ppusa: 4nq did you catch the bounce
(02:54 PM) 4nq: part
(02:54 PM) Orprepus: look at the movement on that break - 1728 wow
(02:55 PM) ppusa: this is what i was afraid of
(02:55 PM) jimbo_320: some big candles on nq at last
(02:56 PM) 4nq: 1612, then 1325  before this is over is my GUESS
(02:57 PM) jimbo_320: 4nq LOL
(02:57 PM) boomer_95: 1206 next stop?
(02:57 PM) 4nq: any one hear news??
(02:57 PM) 4nq: jimbo not today
(02:57 PM) 4nq: .....tomorrow
(02:57 PM) 4nq: lol
(02:57 PM) ppusa: i will give you news, the high is in for the day
(02:58 PM) 4nq: u already gave me that news
(02:58 PM) jimbo_320: maybe i'll fill up short qqq
(02:58 PM) ppusa: it was a headline story
(02:58 PM) 4nq: lol
(02:58 PM) 4nq: long nq
(02:58 PM) cheetah55: ppuse, that is old news...u reported it a ways back  LOL
(02:58 PM) 4nq: exit 28
(02:59 PM) dave_b_quick: downgraded from high of month to HOD?
(02:59 PM) ppusa: 15 minute chart hit secondary support but the 30 minute chart is still above which means there is not enough support here
(02:59 PM) jimbo_320: selling pressure on es
(03:00 PM) ppusa: dave, first things first
(03:00 PM) 4nq: 1728 a lock
(03:01 PM) Buffy_04364: can even get a bigger triangle out of this low
(03:01 PM) Buffy_04364: :-(
(03:01 PM) ppusa: that bounce a half hour ago was the high of the current hour. I love to look at hour charts
(03:01 PM) ispecjh_1: dow hit 10500 area
(03:01 PM) 4nq: out
(03:01 PM) 4nq: lock picked!
(03:02 PM) dave_b_quick: LOL nice scalp anyway
(03:02 PM) Buffy_04364: very nice
(03:02 PM) ppusa: i would like to see us close here
(03:02 PM) 4nq: y?
(03:03 PM) ppusa: so i can go play
(03:03 PM) Daniel X: but move 20 points down first eh!
(03:04 PM) Buffy_04364: PP on time line
(03:04 PM) cheetah55: flat on es trade  +1.00   missed getting out lower
(03:04 PM) ppusa: the daily charts are so strong i still want to see more downside before i go short
(03:04 PM) johnl_6: I'm long es here
(03:05 PM) ppusa: the S & P chart looks as good as the sox
(03:05 PM) ppusa: did you hear art cashen?
(03:06 PM) Daniel X: as long as we stay below 30
(03:06 PM) Buffy_04364: going sideways and making another shelf as Mike says
(03:07 PM) Buffy_04364: tks daniel
(03:08 PM) ppusa: i guess i would like to see us close here because tomorrow we could hop up falling short of today's highs and then if we started down, i would go short
(03:09 PM) cheetah55: nice long johnl
(03:09 PM) 4nq: could u translate that one, pp.............u going for TV commentery job?
(03:09 PM) Buffy_04364: pyrapoint
(03:10 PM) cheetah55: down appears over now.  Gonna settle in the range
(03:10 PM) ppusa: did everybody notice the one two three that took place when we put in the high and now on this low. some weakness came into the market and then we made another and final high of the day. same on this low, we had the 10:40 bounce and then got wacked again
(03:12 PM) Buffy_04364: yep noticed it
(03:18 PM) 4nq: short nq
(03:18 PM) 4nq: 37.50 stp
(03:20 PM) ppusa: high for this hour is 37. if the low is in, then they will go for it
(03:20 PM) ppusa: sorry
(03:20 PM) 4nq: stp hit
(03:21 PM) ppusa: they are punks and they will do that everytime. this is where i would be a seller
(03:21 PM) johnl_6: God bless the bond market closing early!
(03:22 PM) 4nq: who are "punks"??
(03:22 PM) ppusa: but i would rather wait for tomorrow and see what the action is. Punks are guys like me that see that stuf and try to capitalize on it
(03:23 PM) Buffy_04364: howard just posted a pyra for us 
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(03:23 PM) Buffy_04364: 233 tick he used
(03:25 PM) cheetah55: ppusa, I like that "punks are guys like me..."
(03:25 PM) jimbo_320: i love a pullback days, make on the way down and on the way up ! 
(03:27 PM) Buffy_04364: it is nice isn't it jimbo as long as you are't look the other way when it all starts
(03:28 PM) ppusa: 4nq. The market has a habit of going all the way one direction and then all the way the other. You were correct in asking me why i believed the high of the day was in. Well the daily charts are so strong, we are in an up trend. Therefore that sell off bottom means they will run the thing up as far as they can because the bulls are not yet throughing in the towel.
(03:28 PM) jimbo_320: gives me chance to add some more stock
(03:29 PM) johnl_6: anybody got a Ouija board handy?
(03:29 PM) Buffy_04364: I just got an error in win2k and have to reboot
(03:29 PM) Buffy_04364: aren't I lucky not in a trade
(03:29 PM) cheetah55: johnl, u still long?
(03:29 PM) dave_b_quick: :>(
(03:30 PM) johnl_6: yes
(03:30 PM) jimbo_320: added some more rfmd and its gone up another point
(03:30 PM) Buffy_04364: first one in two weeks though
(03:30 PM) johnl_6: was hoping somebody could channel WD Gann for me real quick
(03:30 PM) Buffy_04364: scarey thing is same error message
(03:30 PM) dave_b_quick: one of those blue screen stop errors?
(03:31 PM) Buffy_04364: yes stupid computer
(03:31 PM) 4nq: there is a huge difference between trading and analyizing. Most analysts don't and can't trade. Most traders trade more than than analize
(03:32 PM) 4nq: i am talking pit and day traders
(03:32 PM) dave_b_quick: buffy, i was getting those and i finally got another hard drive and did a fresh win2k install and no problem since
(03:33 PM) Buffy_04364: I did all that with jeff 2 or three weeks ago today think 3
(03:35 PM) dave_b_quick: did you use any drivers besides the ones that come with win2k?
(03:35 PM) cheetah55: hmmm, maybe there is more downside left in this es
(03:35 PM) ppusa: 4nq, i am the worst trader but i can analyze. I am especially good in hind sight.
(03:35 PM) Daniel X: well another lousy 40 point day
(03:35 PM) Buffy_04364: nope
(03:36 PM) dave_b_quick: 40 points is not bad if it's in the bank
(03:36 PM) Buffy_04364: sure isn't'
(03:36 PM) Daniel X: i cannot even muster a lol
(03:36 PM) 4nq: lol, pp
(03:37 PM) johnl_6: I sure as heck hope that was the 3:30 reversal we just saw
(03:38 PM) rs_5: sorry, Daniel, not allowed to complain if you have 40 point gain
(03:38 PM) 4nq: is 40 above or below ur average, Daniel?
(03:38 PM) Daniel X: lol
(03:39 PM) 4nq: nq at mid day point
(03:39 PM) jimbo_320: 40 on nq ? nice one
(03:40 PM) ppusa: 1740 is 200 minute moving average. overhead resistance 1730 50 minute ma support
(03:41 PM) qatwo: maybe he meant the days range not his profits
(03:41 PM) jimbo_320: another 0.6 on rfmd will have to do, so much less stressfull than trading the es !
(03:41 PM) Daniel X: of course i did!
(03:41 PM) ppusa: cheetah, you still short?
(03:42 PM) 4nq: i'd like to see a 3 point range with huge volume!
(03:42 PM) johnl_6: if I bail right now, I'm b/e for the day
(03:43 PM) jimbo_320: if it aint closing at the high, it aint a keeper :-)
(03:43 PM) Buffy_04364: that is better than being down jimbo
(03:43 PM) johnl_6: kinda scary that I coulda done better working at McDonalds
(03:43 PM) ppusa: tomorrow is unemployment report 5:30 pst
(03:43 PM) jimbo_320: probably will close at high now i bailed
(03:44 PM) johnl_6: and got free meals and uniforms to boot
(03:44 PM) Buffy_04364: we have a change of trend on 3M now
(03:45 PM) Buffy_04364: well, I have had it with computer problems and best problems
(03:45 PM) cheetah55: short es
(03:45 PM) Buffy_04364: did anyone else who uses PFG have a pending for a long time
(03:45 PM) Buffy_04364: high Mike
(03:45 PM) Daniel X: yes
(03:45 PM) Daniel X:  y
(03:45 PM) mike_bruns: I didn't use PFG today.
(03:45 PM) dave_b_quick: how many going to Mike's workshop tomorrow?
(03:46 PM) dave_b_quick: you used IB, mike?
(03:46 PM) Buffy_04364: can u hear me?
(03:45 PM) mike_bruns: But I received notice that the interenet is slowing down due to avirus infecting WWW sites all over the world.
(03:46 PM) johnl_6: nice short cheetah (you dog)
(03:46 PM) Buffy_04364: more problems
(03:46 PM) Buffy_04364: be right back
(03:46 PM) cheetah55: sorry ppusa...didn't see message . Shorted here are 3:45.  Have been flat last 30mins or so.
(03:46 PM) ppusa: Cheetah, i admire your trading. i think you will be proven right
(03:46 PM) boomer_95: i doubt IB would be effected by virus...
(03:47 PM) ppusa: never mind
(03:47 PM) boomer_95: nor the small packets transferred in an order could be done very easily
(03:47 PM) jimbo_320: red worm virus, there is a patch at msft site, only affects MSFT win 2000 and wind NT, IB is unix
(03:47 PM) Buffy_04364: bk
(03:47 PM) boomer_95: yes
(03:47 PM) Orprepus: yes
(03:48 PM) ispecjh_1: new lows in dow
(03:48 PM) Buffy_04364: I missed it - who is going to class tomorrow?
(03:48 PM) cheetah55: stop at b/e at 1219.75...gonna let this go and see if they blow out the lows into the close
(03:48 PM) Daniel X: Buffy go to Refresh and refresh commodity enter the symbol and then go back and refresh all
(03:49 PM) Buffy_04364: I did all that lots of times
(03:49 PM) Buffy_04364: still would not go away
(03:49 PM) ispecjh_1: 1.38 trin
(03:49 PM) Daniel X: log out log in?
(03:49 PM) ppusa: thanks, didn't even notice it went neg
(03:49 PM) Buffy_04364: just as I was ready to call it did
(03:49 PM) sardes: merhaba
(03:50 PM) mike_bruns: Buffy.  Just me and my shadow............
(03:50 PM) tomsurf: mike- ;-)
(03:50 PM) jimbo_320: what the points on currency futures, ie GBP, GE?
(03:50 PM) mike_bruns: There is  a song to that tune.....
(03:51 PM) sardes: iyi akþamlar,sohbet edecek varmý?
(03:51 PM) Daniel X: no sorry sardes
(03:52 PM) Buffy_04364: I remember that song Mike
(03:52 PM) Buffy_04364: one of my Mom's favorites
(03:52 PM) jimbo_320: ie a buck a tenth ? or something like that?
(03:52 PM) Buffy_04364: Howard's class is going to be on all the different cycles that ensign has and the difference between them
(03:53 PM) Buffy_04364: then anyone can ask anything
(03:53 PM) Buffy_04364: should be interesting
(03:53 PM) johnl_6: all the different cycles?
(03:53 PM) cheetah55: shoot,  took a 3/4
(03:53 PM) cheetah55: didn't want to go down
(03:53 PM) Buffy_04364: we now have fib ruler, fib cycles, cann cycles, and cycles in ensign Mike
(03:53 PM) leont_2: at what time buffy
(03:53 PM) leont_2: the class
(03:53 PM) Buffy_04364: another one you mean mike
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(03:54 PM) Buffy_04364: 15 minutes after futures close
(03:54 PM) leont_2: ok thanks
(03:54 PM) Orprepus: leon - right after close of market - 3:15pm cst
(03:54 PM) leont_2: miike going short es?
(03:54 PM) Buffy_04364: that is a lot of different cycles to have
(03:54 PM) Orprepus: your fast buffy
(03:54 PM) mike_bruns: I am done for the day.
(03:54 PM) leont_2: ok
(03:55 PM) Buffy_04364: os tjat gppd pr bad PO?  :-)
(03:55 PM) Buffy_04364: what is great is I won't have to type notes will be able to save it now that he is using paltalk
(03:55 PM) Buffy_04364: for the class
(03:55 PM) Buffy_04364: twas a good day Mike
(03:56 PM) mike_bruns: Yes it was.
(03:56 PM) mike_bruns: Not easy but fine.
(03:56 PM) mike_bruns: Mentally tough.
(03:56 PM) Buffy_04364: only one fakeout that I remember anyway
(03:56 PM) Buffy_04364: yes had to sit on hands
(03:57 PM) Buffy_04364: and wait - I just love to think I "know" what the next tick is going to do
(03:57 PM) Buffy_04364: and of course I don't
(03:57 PM) Buffy_04364: :-(
(03:57 PM) mike_bruns: lol
(03:57 PM) boomer_95: question for ensign people..how much is ensign and your data service per month?
(03:58 PM) johnl_6: $130
(03:58 PM) boomer_95: that includes CME? for emini?
(03:58 PM) Buffy_04364: very reliable and great combination
(03:58 PM) ppusa: $30.00 for ensign
(03:58 PM) johnl_6: $99 for esignal, $1 for naz, and 29 for ensign
(03:58 PM) ppusa: cme 60 bucks
(03:58 PM) mike_bruns: I have to go.  You folks have Howards class and I have t ostart posting charts for tomorrow's WorkShop.
(03:58 PM) mike_bruns: Goodnight.
(03:58 PM) leont_2: mike food for thought long nq overnite?
(03:58 PM) mike_bruns: Trade well and prosper.
(03:58 PM) dave_b_quick: e-mini is still free without paying CME fee
(03:58 PM) dave_b_quick: thanks mike
(03:58 PM) Buffy_04364: u 2 Mike
(03:58 PM) tomsurf: see you mike
(03:59 PM) mike_bruns: Not me.
(03:59 PM) boomer_95: dave..free where?
(03:59 PM) johnl_6: (waving goodbye)
(03:59 PM) ppusa: $1.00 nas stocks, $60,00 nas futures
(03:59 PM) Buffy_04364: once they did have a data problem out of cme that only affected the free quotes
(03:59 PM) leont_2: i hear
(03:59 PM) Buffy_04364: paying was fine but that was many months back I believe
(03:59 PM) cheetah55: boomer, where do u get data?
(03:59 PM) boomer_95: AT
(04:00 PM) boomer_95: plus CME equals 195/month
(04:00 PM) dave_b_quick: boomer, if you have eSignal you don't have to pay the CME fee for the e-minis, only for the big contracts
(04:00 PM) Buffy_04364: hmmm I don't pay get the free quotes
(04:00 PM) johnl_6: check it out guys, I'm gonna make pizza and beer money today.
(04:00 PM) Buffy_04364: great john
(04:00 PM) boomer_95: AT good but resource hog
(04:00 PM) boomer_95: and jerk service
(04:00 PM) boomer_95: lol
(04:00 PM) cheetah55: Esignal will give u the realtime eminis and stocks for $95 I think
(04:01 PM) johnl_6: actually $99 cheetah
(04:01 PM) johnl_6: (unless I'm getting ripped)
(04:01 PM) cheetah55: tx, john
(04:01 PM) boomer_95: then 30 for ensign
(04:01 PM) cheetah55: LOL
(04:01 PM) ppusa: if esignal can give free mini quotes, others should be able to too.
(04:01 PM) boomer_95: not bad
(04:02 PM) boomer_95: i was with Harbor SEc when they closed doors 2 years ago..AT was with them
(04:02 PM) cheetah55: Isn't the cme gonna start charging $12 for the emini's soon.
(04:01 PM) tomsurf: ppusa- should but some can't seperate em out like DTN
(04:01 PM) boomer_95: so just kept them
(04:01 PM) dave_b_quick: i heard something like that cheetah
(04:02 PM) Buffy_04364: they should but they don't pp
(04:02 PM) cheetah55: right tom...cme isn't charging for just emmini's but some providers can't seperate them
(04:03 PM) ppusa: thanks for that info.
(04:03 PM) johnl_6: I'm out w/2 pt profit, just barely broke even today.  Wow
(04:03 PM) tomsurf: cheetah- yes, used to DTN Interquote and they charged  the $60 and said they could not seperate em.
(04:03 PM) cheetah55: dave, seems like the deal with cme was free for six months (as of the spring) and then was going to be $12.  That happened when they upped the r/t fees from $10 to $60.
(04:03 PM) leont_2: buffy is the class here or at the yhoo site?
(04:04 PM) Buffy_04364: so class with Howard - deal with computer - decide on Mikes class
(04:04 PM) Buffy_04364: it is in paltalk
(04:04 PM) Buffy_04364: Howard has his own room now and is testing it tonight
(04:04 PM) Buffy_04364: with a class
(04:04 PM) leont_2: but which here? trend vue?
(04:04 PM) cheetah55: tyhe whole thing about fees seems like a ripoff...stocks are dirt cheap...what makes the cme.cbot and ny markets so high and mighty (off mysoapbox now)
(04:04 PM) Buffy_04364: no ensignsoftware I think
(04:04 PM) leont_2: ohhhh
(04:04 PM) sardes: merhaba
(04:04 PM) tomsurf: cheetah- agree
(04:05 PM) boomer_95: yes...i remember cme was $5 addon option with AT
(04:05 PM) leont_2: what's the name howard's?
(04:05 PM) boomer_95: now 60
(04:05 PM) Buffy_04364: just asked him hand on
(04:05 PM) Buffy_04364: hang on
(04:04 PM) jimbo_320: night all, happy trading
(04:04 PM) Buffy_04364: business finance group
(04:04 PM) cheetah55: see u guys in a little bit in the EW room
(04:05 PM) leont_2: ok
(04:05 PM) tomsurf: bye jimbo
(04:05 PM) Buffy_04364: and ensign windows users is the name
(04:05 PM) cheetah55: take a break for 30 mins now
(04:05 PM) jimbo_320: ciau tom
(04:05 PM) Buffy_04364: yeah me too
(04:06 PM) tomsurf: well off to class here, later all :-)
(04:06 PM) boomer_95: buffy.
(04:06 PM) rs_5: have anice evening all
(04:06 PM) boomer_95: what were those parameters on macd u posted this morining...7?
(04:06 PM) Buffy_04364: take care all - see you with howard I home
(04:07 PM) Buffy_04364: mikes is 3/11/17
(04:07 PM) Buffy_04364: 12/26/9 and 7/21/5 were the other ones discussed
(04:07 PM) boomer_95: k..thx...appreciate it
(04:07 PM) Buffy_04364: np
(04:08 PM) Buffy_04364: gave you all three cause didn't know which you wanted
(04:08 PM) Buffy_04364: ok guys break time for me - need to walk around before sitting another hour
(04:08 PM) Buffy_04364: see you all tomorrow
(04:08 PM) Buffy_04364: or in Howards class tonight
(04:09 PM) Daniel X: Bye all
(04:09 PM) dave_b_quick: g'nite all