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. 
You can post charts at www.DaCharts.com
  Spammers & hecklers get the boot.
dave_b_quick: yr up early
gravestonedoggie: hi... well yeah... i heard today was going to be an early start
dave_b_quick: ya, the gang should be here soon
dave_b_quick: aren't you on the west coast?
gravestonedoggie: no, east
gravestonedoggie: downstate from you
dave_b_quick: Oh, OK.  Really early for the folks in CA.
dave_b_quick: morning leon, griz
leont_2_1: morning dave
leont_2_1: and everyone
gravestonedoggie: yeah, i dont know how they do it
dave_b_quick: tomsurf was in MIke Bruns' workshop last week, said he kept up with us on the daily transcripts.
dave_b_quick: morning dan, buffy, wicre
Buffy_04364: interesting about Mike - I know he sometimes checks the charts
Buffy_04364: morning to all
Paltalk: Subscribe to bannerless to stop the popups today!
Get it NOW for less than THREE CENTS a day! Click HELP
on your Pal List then click 'Bannerless PalTalk'.
Buffy_04364: Watched the Velez videos this weekend - one thing he said that keeps coming back to me 
dwn1: gm
Buffy_04364: the more of a professional trader you are the more you are going to leave on the table
dave_b_quick: hmmm 
dave_b_quick: mornign pusa
Buffy_04364: His other main things are the 20ma and narrow range bars
ppusa: good morning Dave
leont_2_1: buffy the real trick for stock traders is the tick and trin in combination
dave_b_quick: didn't understand, loly
Buffy_04364: yep those are in his book
GGriz: hi Dave
leont_2_1: greg capra's seminar is the deal
dave_b_quick: loly, yr selling something?
dave_b_quick: we buy index futures
lolypop_7: spots goods
lolypop_7: mean
dave_b_quick: sporting goods?
lolypop_7: yes
lolypop_7: r u have a mike
larrybf: hello everyone
dave_b_quick: mornign larry, hank
hanksterr: good morning
larrybf: dave-thanks for the 15 minute retro post
hanksterr: ditto
dave_b_quick: my pleasure
hanksterr: ditto
Buffy_04364: yes and I like the exits much better
larrybf: please explain why you utilize exits based on 5 minute TF?
dave_b_quick: somebody asked if I could post the stoploss placements too
leont_2_1: sound test i'm in a new laptop anyone?
dave_b_quick: 5m gives a tighter exit
Buffy_04364: the are based on the last swing high until reversal correct
leont_2_1: dave?
Buffy_04364: too much is left on the table if you use the 15M
dave_b_quick: ya, buffy
Orprepus: cows are still asleep out here
Buffy_04364: smaller tf will reverse first
Buffy_04364: LOL
dwn1: Buffy, Velez opinion of narrow range bars... ignore?  What do you consider a narrow range bar  on the 1m 5m?
Buffy_04364: we appreciate you coming
larrybf: ok thanks thought so just checking
dave_b_quick: in CA orp?
Orprepus: yes
Buffy_04364: his deffinition is a bar that is not as large as the previous five
leont_2_1: sound test please
Daniel X: good morning everyone
Buffy_04364: 1110 bar number last friday would be an example
Orprepus: Morning Dan-X
Buffy_04364: his pullbacks are 3-5 instead of T's 4-6
leont_2_1: buffy he is talking stocks
leont_2_1: t has a much better method
Buffy_04364: the video is on stocks but he claims as T does that it works on anything
leont_2_1: capra is much more to the point
leont_2_1: i took both their seminars
Buffy_04364: even if I never use anything in the video leont - it pays to know what the pristine traders are thinking and doing
Buffy_04364: thanks leont
leont_2_1: and sat in their room for 3 months
Buffy_04364: nice to know
Buffy_04364: every do anything with Farley/
leont_2_1: read him in tm
leont_2_1: he has a good site
dwn1: Thanks Buffy, any conclusions on your 12m analysis?
Buffy_04364: what is tm?
leont_2_1: trading markets.com
leont_2_1: i'm trying to understand t still
Buffy_04364: my weekend was shot after Saturday monring and did not come to a conclusion while working on it then - my grandson ended staying here until about ten last night - sorry
leont_2_1: i find she gives you an approach
Buffy_04364: going to watch it today
Buffy_04364: nothing every goes as planned around here :-)
Buffy_04364: agreed leont
larrybf: does teresa lo trade the afternoon on her own?
dave_b_quick: not too much
Buffy_04364: only if it is above the high of the day or below the low of the day I think
larrybf:  she is busy or she considers it bad time to trade?
dwn1: Sounds like you got it right... granchildren are better than analysis
Buffy_04364: he is about 2 1/2 - so kept me busy!
Daniel X: Dave I have a ?
Buffy_04364: when he left I was too tired to resume it 
dave_b_quick: T only has a few trades, the opening 1m reversal, the pullback in trend, the 2B, did i miss any?
ab_18: 2B takes out the previous H or L?
dave_b_quick: she's very systematic for a discretionary trader
dave_b_quick: yes
Buffy_04364: it is a test of the previous H L  right?
Daniel X: at what point do es Retro decide to cut his position meaning how do u distinguish between moving ur sto to the swing or cutting based on  a reversal
dave_b_quick: ya, a test with penetration
dave_b_quick: as opposed to a 1-2-3 which is a test without penetration
leont_2_1: dave why don't you post examples of those trades in d charts?
larrybf: thanks for the explanation.
dave_b_quick: i posted them with graphics over the weekend linked from the retrotrader page
leont_2_1: thanks will check it 
dave_b_quick: since a lot of people were asking
leont_2_1: did you name them?
Daniel X: he did
leont_2_1: cool
dave_b_quick: ya, the links are in the retrotrader rules section
leont_2_1: sound tes please
balls_2: one was female
dave_b_quick: ?
Daniel X: yes
leont_2_1: i'm using my laptop
Buffy_04364: I love flipping it so quickly to see a high or low setup for it too Dave
dave_b_quick: did you hear, Leon?
dave_b_quick: hahaha
leont_2_1: no
dave_b_quick: did everybody else hear me?
Daniel X: i did
dwn1: yes
dave_b_quick: leon, are you running firewall, or do you have a shared internet connection?
leont_2_1: shared
dave_b_quick: then you have to go to the main paltallk screen, FILE/SETUP/ADVANCED and check the bottom box
leont_2_1: ok
dave_b_quick: then turn paltalk off and restart it and should have sound
Daniel X: PPUSA did you mention how you were able to see a PnF reversal on Frday I missed it...had to leave...can you please go over it briefly if you have time?
Buffy_04364: Velez and Nisson agree on the significance of the candlestick tails which was interesting
dave_b_quick: Thanks ppusa for the Point & Figure primer friday evening
leont_2_1: dave it was file/set up advanced/ and what else? sorry did not write it
dave_b_quick: check the bottom box: firewall/network
leont_2_1: thanks
ppusa: ur welcome Dave.  Dan, which one did you miss?
timing 2: dave any 1 been to done in 90 sec how is it
ppusa: or you mean how do I spot tje,?
Paltalk: Please visit our advertisers by clicking on banners.
ppusa: them
leont_2_1: ok dave can you say anything?
leont_2_1: yes 
Daniel X: how ur able to see reversals
Daniel X: yes
Daniel X: PPUSA? how do u spot them yes.
Orprepus: I posted a chart last night - Orp 120M NDX1 - shows the trading range very wel - i think
Orprepus: any other charts?
larrybf: 	Anyone ose the patsystems jtrader for trading the eminis? I am thinking of switching from interactive brokers?	
larrybf: use
ppusa: When there are too many X's or O's or boxes or whatever you want to call them, I start looking, I look at the chart pattern on the 1 min chart and I look at the moving averages. If we are to far above the MA's and it fits into the daily action, time to move.
dwn1: timmin_2, I've been there, extremely informative.
timing 2: dwn1 great but u making $$ with it
ppusa: y
Daniel X: yes
Orprepus: here you fine
larrybf: yes
leont_2_1: y
GGriz: ty
ppusa: did you get that Dan?
dwn1: Have done well with "Done in 90"
Daniel X: PPUSA define too many..
timing 2: dw  thanks
Daniel X: do you mean the PnF rule of looking for reversals around 18 boxes?
ppusa: Any long string which exceeds the previous high or low
dave_b_quick: nice chart, orp.  gotta bounce here, break down, or chop sideways at support, right?
Buffy_04364: done in 90M - learn how you should be thinking very well from her
ppusa: haven't heard of the rule
Daniel X: ok thanks
ppusa: But that's the problem with PnF.Do not try to have a set number in mind.
timing 2: buffy wus looking for u, u been there for sometime
ppusa: Watch the trend and use more than one set.
ppusa: That's the only way you can anticipate a larger move.
Daniel X: no no i know that...that's why alot of people who use PnF use it in conjuction with Cadles
Daniel X: Candles
ppusa: Today if we were to break the low, the lower we go the more likely we would havee a significant bounce. 
ppusa: makes sense right?
Daniel X: i see a bounce
Orprepus: dave - yes that is what I see - critical time today and tomorrow  - could range today waiting for July Retail Sales Numbers and  Applied Materials & Wal-mart earnings
ppusa: PnF gets a double bottom at the old lows.
Daniel X: because everything is short term oversold
timing 2: looking to move myself from done in 9 yrs category to done in 90 min lol
Buffy_04364: LOL
ppusa: It does not get overextended as I described until we go further.
Buffy_04364: I haven't been in a while because the last time I went by the end of it it was like I knew what she was going to say before she said it
(09:01 AM) Buffy_04364: :-)
(09:01 AM) ppusa: Sell signals would occur on longer time frame PbFs
(09:01 AM) Buffy_04364: T did a good job teaching me  :-)
(09:02 AM) ppusa: Shorter time frames PnF's would already have started to break down.
(09:02 AM) dave_b_quick: Teresa has been the biggest influence on my trading
(09:02 AM) timing 2: solar window say up 3 days then dn into fomc  thanks buffy
(09:02 AM) Buffy_04364: I believe she has been on all of ours Dave  :-)
(09:02 AM) Buffy_04364: Mike too for me
(09:02 AM) dave_b_quick: ya, mike got me on the 15m train
(09:03 AM) Daniel X: I see 1635 printed as a lower high on the 15 min
(09:03 AM) ppusa: In this situation, I would chose to ignore the shorter term over extensions and go with the trend until a saw a price cross the MA.
(09:03 AM) ppusa: choose
(09:03 AM) Daniel X: the big triple bottom break i see @1616
(09:04 AM) Daniel X: ditto
(09:04 AM) ppusa: When proce crossed the MA, if we were over extended far enough, I could anticipate a large correction as compared to a 10 tick trade.
(09:05 AM) ppusa: Done.
(09:05 AM) Daniel X: which ma 20 or 40?
(09:05 AM) ppusa: asking me?
(09:05 AM) Daniel X: yes
(09:06 AM) Daniel X: u mean a tipicle ema sell signal
(09:06 AM) ppusa: I would look for them all to start flattening, probably go to a 5 miin chart
(09:06 AM) Daniel X: typical
(09:06 AM) Daniel X: thanks
(09:06 AM) ppusa: If the set up were perfect,
(09:07 AM) Buffy_04364: posting a 12/3M - my first opinion is if you pay attention to whether or not making higher highs and lower lows in uptrend and reverse for down trend it will work - today should help tel
(09:07 AM) ppusa: I would see as a confirmation, price cross the 200 on the 5 and maybe the 15 at the same time
(09:07 AM) Daniel X: ok thanks 200 would be the final test i suppose
(09:08 AM) Buffy_04364: yep 200 is final test in anything I think
(09:08 AM) Buffy_04364: too many institutions watch it
(09:08 AM) ppusa: Hopefully, I would be long by this time based on the 3 and 9 bar MA and the chart pattern, etc.
(09:08 AM) ppusa: Maybe retro's entry on a trade like this would work best.
(09:09 AM) ppusa: This trade would be comparable to those where we were trying to pick the HOD/
(09:09 AM) ppusa: Not a 10 ticker
(09:10 AM) Daniel X: gotcha 
(09:10 AM) ppusa: back to bed until the open.
(09:10 AM) Daniel X: ok thanks see you in a bit
(09:10 AM) Daniel X: 20 mins lol
(09:14 AM) dave_b_quick: http://www.cme.com/market/equity/index.html#started
(09:16 AM) Buffy_04364: when do we switch contracts?
(09:17 AM) reset_3: dave is there a way to copy a text in paltalk lick the address that you post ?
(09:17 AM) dave_b_quick: ya, highlight the text and click EDIT/COPY
(09:17 AM) Daniel X: Buffy iI've noticed that you can identify reversals almost before they happen!....I presume pyra point gives you the poke into up channel....the reason i'm asking is you seem to get in a few points before me and also Dave!
(09:17 AM) raz_62: 3rd Thursday of Sept i think
(09:17 AM) reset_3: thanks
(09:18 AM) Daniel X: meanig Dave also gets in with you
(09:18 AM) dave_b_quick: Buffy is da man when it comes to reversals
(09:18 AM) Daniel X: on a dime!
(09:18 AM) Daniel X: market or limit?
(09:20 AM) Daniel X: Dave u might want to check the figures on Retro Trade # 3
(09:20 AM) Daniel X: same #
(09:20 AM) rambler_12: buffy probably uses miss cleo the psichic
(09:20 AM) Daniel X: lol
(09:21 AM) Orprepus: she is miss cleo
Paltalk: Your friends are just a click away!
Press the invite button NOW!
(09:21 AM) rambler_12: lol
(09:22 AM) Daniel X: Dave?
(09:22 AM) dave_b_quick: i think buffy picks out the reversals on the smaller TF's and is very observant
(09:22 AM) dave_b_quick: she must have an incredible attention span
(09:23 AM) Daniel X: Dave did u check?
(09:23 AM) dave_b_quick: check what?
(09:23 AM) Daniel X: Retro trade # 3
(09:23 AM) Daniel X: doesn't add up
(09:23 AM) dave_b_quick: oh, i missed that dan, i'll check #3
(09:23 AM) Daniel X: entry exit same #
(09:24 AM) dave_b_quick: oh, exit should be 1598
(09:24 AM) raz_62: the one that said +12 looked like +10 also
(09:24 AM) Daniel X: thanks
(09:25 AM) Daniel X: ditto RAZ
(09:25 AM) dave_b_quick: yr right raz, my midnight math is slipping.  will fix & repost
(09:25 AM) Daniel X: retro should have gone fishing indeed..or he was drunk..LOL
(09:27 AM) dave_b_quick: sometimes i depart from the rules and get a better entry or exit, but i intend to only post the trades according to the retro rules
(09:27 AM) Daniel X: Dave you mentioned that you've tried different TF for entry...including the 12 min?
(09:27 AM) dave_b_quick: no, somebody was talking about trying that tho
(09:28 AM) dave_b_quick: i started with shorter TF entries, 3m, 5m, 9m, and all got faked out too much for my tastes
(09:28 AM) dave_b_quick: that may change in September
(09:29 AM) Daniel X: ok thnx
(09:29 AM) Orprepus: buffy was going to checkout 12M retro
(09:30 AM) dave_b_quick: i was only considering TF's that divide into 405
(09:30 AM) Buffy_04364: you can see by the posted charts it seems to work and will watch it today
(09:31 AM) Buffy_04364: I was leary of that too Dave but Don Halls 4M doesn't divide and it works so well I thought I would check it out anyway
(09:31 AM) Daniel X: back in 10 mins
(09:31 AM) dave_b_quick: ya, it's probably not that important since it only effects the last bar of the day
(09:33 AM) Buffy_04364: Daniel - my ability to see the reversal comes from years of looking at charts and Mike is always saying it didn't make higher high/lower low I am out type thing
(09:33 AM) Daniel X: oh ok thnx
(09:33 AM) proustt: Hello,  I was looking around for Trendvue...how is it run at present is it a paid room?  Is Teresa around??
(09:33 AM) Daniel X: i'll be back in 10 mins ...breakfast
(09:34 AM) Buffy_04364: www.TrendVue.ocm explains it all
(09:34 AM) Indycator: paid room
(09:34 AM) proustt: thnks
(09:34 AM) Buffy_04364: I just did all that Daniel
(09:34 AM) Buffy_04364: see you in a bit
(09:34 AM) proustt: and the "we trade for a living" was that just temporary> thanks
(09:34 AM) gusishere: morning every1
(09:34 AM) dave_b_quick: mornin
(09:36 AM) larrybf:  proust -the Real info and action is in this room
(09:36 AM) dave_b_quick: hey, proustt, where ya been?
(09:37 AM) gusishere: globx hi was 97.50?
(09:37 AM) proustt: hi,,,,dave...trading now...talk in several minutes..thanks
(09:37 AM) dave_b_quick: i think some of the visitors during the free sessions at trendvue were so abusive that T & Mike couldn't take it any more
(09:37 AM) dave_b_quick: yup
(09:37 AM) proustt: oh oK that makes sense...was an interesting concept
(09:38 AM) proustt: later lets talk more
(09:38 AM) dave_b_quick: k
(09:38 AM) Buffy_04364: that is so upsetting!  anyone being abusive to them???????
(09:41 AM) dave_b_quick: abusing the free privileges by monopolizing T & Mike's time i think
(09:42 AM) gusishere: fwiw - I have reversal times of 10:00,10:30,11:00,11:45 &13:45
(09:42 AM) rambler_12: tx gus
(09:42 AM) Buffy_04364: oh ok
(09:46 AM) Daniel X: u guys havingDow and Nasdaq data feed problems?
(09:46 AM) Buffy_04364: don't think so
(09:46 AM) Orprepus: SAn-X  working fine here - esignal
(09:47 AM) Daniel X: ok thnx
(09:47 AM) Orprepus: sorry Dan - SAn-X = Dan-X   watching chart and typing didn't work to good that time
(09:50 AM) Daniel X: no prb
(09:50 AM) ppusa: If we are going to have a higher high today, close to support. 
(09:51 AM) ppusa: If not, we should break this area.
Paltalk: Go bannerless and support PalTalk!
Subscribe today! Only $9.95 a year!
Click HELP on your Pal List then
click 'Bannerless PalTalk'.
(09:52 AM) jimbo_320: dave, you short?
(09:52 AM) dave_b_quick: ya, 1628.50
(09:52 AM) Daniel X: from 27
(09:53 AM) Buffy_04364: test of previous low on lower TF
(09:54 AM) ppusa: POSSIBLE flag on hour chart.
(09:54 AM) jimbo_320: entry was at the break of the low of the red candle
(09:54 AM) jimbo_320: dave thanks for you comments
(09:54 AM) dave_b_quick: k
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. 
You can post charts at www.DaCharts.com
  Spammers & hecklers get the boot.
(09:58 AM) Daniel X: if we break 20 and then 17 on PnF we'll have what they call a bullish catapult  triple bottom folowed by a double bottom break   very strong and rare signal on PnF with 85 % success rate!
(09:59 AM) ppusa: dan, what box size and reversal.
(09:59 AM) Daniel X: 1.25/ 3 on 15 min
(10:00 AM) ppusa: ok
(10:03 AM) Daniel X: 2B reversal 15 min
(10:03 AM) Daniel X: ?
(10:03 AM) dave_b_quick: the 2B principle does work on test of LOD
(10:04 AM) dave_b_quick: or it might just be a replay of last monday's chop
(10:05 AM) jimbo_320: dan_x, whats yours criteria for the +10 exit on retro dave told me about?
(10:06 AM) Daniel X: i'll lock in 10 when i see 14
(10:06 AM) Daniel X: or else i'll come out market if i get a 5 min reversal signal
(10:07 AM) Buffy_04364: did not make higher high on lower TF
(10:07 AM) Buffy_04364: chop chop?
(10:07 AM) dave_b_quick: chop suey i think
(10:07 AM) ppusa: Dan you see that long string of up boxes we just had on PnF?
(10:07 AM) jimbo_320: see 14 profit and shift stop loss up 10?
(10:07 AM) Daniel X: so far...i guess they're waiting for tommorrow's reports
(10:07 AM) Buffy_04364: yep and then they will be waiting for the feds............
(10:08 AM) Daniel X: yes  jimbo if trend in tact on 5 min
(10:08 AM) ppusa: Dan, you see it?
(10:08 AM) jimbo_320: any reason for 14?
(10:08 AM) Daniel X: what TF?
(10:08 AM) Daniel X: room to run
(10:08 AM) ppusa: yours 
(10:09 AM) ppusa: broke 30 tp 39
(10:09 AM) elly_34: isn't the retro trade stopped out at -5?
(10:09 AM) Daniel X: yes retro is out
(10:09 AM) dave_b_quick: ya, and long at 34
(10:09 AM) elly_34: k ty
(10:09 AM) jimbo_320: retro is long now :-)
(10:10 AM) elly_34: nice
(10:10 AM) Daniel X: PPUSA i've got my last X @ 32.50
(10:10 AM) Daniel X: printed that is
(10:10 AM) ppusa: I'm using 100 by 4 which should match your 1.25x3
(10:10 AM) Daniel X: 1 min @ 38
(10:10 AM) jimbo_320: watch 2b at 45?
(10:11 AM) dave_b_quick: ya, on a buncha TF's
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. 
You can post charts at www.DaCharts.com
  Spammers & hecklers get the boot.
(10:12 AM) Daniel X: qqq is short term oversold
(10:12 AM) Daniel X:  gave a buy signal friday
(10:13 AM) ppusa: Dan, anyway I sold the run to 39 based on the long string and bot back at 33 based on the same pattern on a 1x6 (39-6=33)
(10:13 AM) dave_b_quick: nice going, pusa
(10:14 AM) Daniel X: excellent
(10:14 AM) ppusa: sometimes PnF works
(10:14 AM) ppusa: thanks
(10:14 AM) Buffy_04364: great ppusa
(10:15 AM) ppusa: an advantage to PbF on that trade is a had a specific reentry target.
(10:15 AM) raz_62: when you have time could you please explain the reentry trigger for the retro at 34
(10:15 AM) Daniel X: 42.50 PnF breakout #
(10:16 AM) dave_b_quick: i wish pusa could post :>(
(10:16 AM) Daniel X: it was  a 2B buy signal @ 34 1 tick above the down bar 15 min
(10:17 AM) Orprepus: ditto on the ppusa post
(10:17 AM) Buffy_04364: yeah, I was hoping ppusa had figured out how to do it this weekend and there would be some charts here
(10:17 AM) Buffy_04364: weekend seemed busier for me than the weekday  :-)
(10:17 AM) ppusa: Sorry, computer maintenance and a 4th monitor.
(10:18 AM) Buffy_04364: we understand 
(10:18 AM) Buffy_04364: I didn't even get to do my computer maintenance this weekend  :-)
(10:18 AM) raz_62: guess i missed something i had a dc at that time it must have stopped at 33.50 and then dropped back below the top of the down bar
(10:19 AM) ppusa: you guys follow me on ensign PnF
(10:19 AM) Orprepus: p what is you setup on the 1M again?
(10:19 AM) ppusa: in lieu of posting
(10:19 AM) Daniel X: Retro out on 5 min inside bar ?
(10:19 AM) dave_b_quick: i don't show a 5m inside bar, dan?
(10:19 AM) Orprepus: box size
(10:19 AM) Buffy_04364: neither do I
(10:20 AM) dave_b_quick: i did tighten the stop off the completed 15m bar tho
(10:20 AM) Daniel X: data problems my 5 min keeps freezing on me !!!  be back in 5 mins
(10:20 AM) Buffy_04364: the close being below the open on a bar is a clue card too Dan to tighten I think
(10:20 AM) ppusa: The 1x4 PnF had a lot of legs up, so in hind sight looking for this down was not unexpected.
Paltalk: Please support our sponsors by clicking on banners.
(10:22 AM) ppusa: Start getting major buy signals if we go through high
(10:22 AM) ppusa: Sell signals through low
(10:22 AM) leont_2_1: es or nq
(10:22 AM) ppusa: nq
(10:23 AM) leont_2_1: thanks
(10:23 AM) ppusa: so what will it be today, up or down
(10:23 AM) ifi_3: WILL THERE BE ANY BODY WHO CAN TEACH ME ABOUT HICKING?
(10:23 AM) ppusa: ?
(10:23 AM) dave_b_quick: hicking?
(10:24 AM) ifi_3: YES
(10:24 AM) Buffy_04364: what is it?
(10:24 AM) dave_b_quick: a trading term?
(10:24 AM) ifi_3: ?
(10:24 AM) dave_b_quick: we're index traders
(10:24 AM) ppusa: hiking? shoes are important.
(10:25 AM) gusishere: lol@pp
(10:25 AM) rs_5: lol
(10:25 AM) Buffy_04364: giggle
(10:25 AM) Daniel X: no no how to be a "hick"
(10:26 AM) Indycator: our hicking teacher will be here at 11am EDT
(10:26 AM) gusishere: rolfo
(10:26 AM) Orprepus: duh trading - got any 3's?
(10:26 AM) dave_b_quick: retro don't trade no chop suey
(10:26 AM) Daniel X: ditto
(10:27 AM) Indycator: morning 4nq
(10:28 AM) 4nq: Mornin to all
(10:28 AM) dave_b_quick: If anybody has a simple and reliable system for scalping chop, please let me know. Might be nice for when retro is sidelined.
(10:28 AM) dave_b_quick: morning 4 good to see ya
(10:28 AM) 4nq: thx
(10:30 AM) raz_62: check out the jezz bell method on the enthios site
(10:30 AM) Daniel X: g' morning 4NQ
(10:31 AM) dave_b_quick: thanks raz
(10:32 AM) 4nq: tough a/m for me so far
(10:32 AM) Daniel X: too much chop....me too
(10:33 AM) GGriz: try linear regression with .162 channels for xtremes
(10:34 AM) ppusa: I think if we run through today's high, we would get a good move but more likely take out low. 
(10:34 AM) ppusa: and starting down maybe right now
(10:34 AM) ppusa: I exited my longs from Friday
(10:37 AM) Orprepus: would like to see higher close today just to break string of lower closing and keep divergence with Spoos & Dow would be fine also
(10:38 AM) Orprepus: dave do you watch BB 2M?
(10:38 AM) dave_b_quick: not part of my routine, but I will
(10:40 AM) ppusa: Orp, Lot of resis at 1650. If we break it, could get huge run (change in trend). So if current trend stays intact we can't break the high. So what's it going to be?
(10:41 AM) Indycator: hey, let's ask the hicking teacher...  :)
(10:41 AM) Orprepus: post 2M 
(10:41 AM) Orprepus: posted 2M NQ chart
(10:42 AM) 4nq: short nq@32
(10:42 AM) coaster_9: raz you have link for jezz bell.  Can't find it on Enthios easily? thx
(10:42 AM) Orprepus: PP overnight 1649 - I think will be hard to break
(10:42 AM) ppusa: So far holding low
(10:43 AM) raz_62: hold on
(10:43 AM) GGriz: Dave I posted a chop chart
(10:43 AM) ppusa: I agree only to the point that if we are going to take out the low, 1650 area makes a good cieling for the market.
(10:43 AM) ppusa: ceiling
(10:43 AM) 4nq: bidding 28 for half
(10:44 AM) ppusa: But were we to break that, I could see 1800.
(10:44 AM) dave_b_quick: thanks griz, i see it
(10:44 AM) ppusa: The only other scenario I can come up with is a retest of 1613 and then take out the high.
(10:44 AM) Orprepus: I watch the PREM to see if any program trading goes on from the institutions and it is real quiet today compared to friday
(10:45 AM) ppusa: 1800 seems fundamentally so unlikely that the 1650 top seems a better scenario.
(10:46 AM) Buffy_04364: major support just taken our on 75T needs to bounce
(10:46 AM) 4nq: saw where program trading was 26% of vol in 8/3 week
(10:46 AM) 4nq: 28 stp for runners now
(10:47 AM) Orprepus: program trading is the head of the dog that wags the tail of the market
(10:47 AM) raz_62: http://www.enthios.com/trading/a_handy_chart.htm
(10:47 AM) raz_62: be careful its not perfect
(10:47 AM) coaster_9: thx, raz
(10:47 AM) dave_b_quick: thanks raz
(10:47 AM) ppusa: Buffy, why do we need to bounce if we just took out support?
(10:47 AM) Buffy_04364: timneline on pyra
(10:47 AM) Buffy_04364: it would mean we are going lower if it doesnt' that is all
(10:47 AM) Daniel X: whhho hhhooo we now have a 22 point range
(10:48 AM) Daniel X: last mon we had a 20.5 point range
(10:48 AM) Buffy_04364: 1618.77 next pyra support
(10:48 AM) ppusa: so we are going down if we are going down?
(10:48 AM) 4nq: covering shorts
(10:48 AM) 4nq: flat now
(10:48 AM) Daniel X: pivot point 1619
(10:49 AM) Buffy_04364: close enought LOL
(10:49 AM) Orprepus: new down channel also on PP 4M 
(10:49 AM) ppusa: index traders
(10:49 AM) Buffy_04364: we are futures traders
(10:50 AM) ppusa: I surf, none of this web stuff...
(10:50 AM) Orprepus: we also do a little hicking every now and than - got your stool
Paltalk: Are banners a bummer and popups a pain?
Cure your banner blues NOW for $9.95 a year!
Click HELP on your Pal List then select
Bannerless PalTalk to subscribe now!
(10:51 AM) ppusa: long string of o's on 1x4 PnF means we are due for a 4 tick bounce. Which is not worth trading.
(10:51 AM) ppusa: x's arre up boxes, o's are down boxes.
(10:52 AM) Buffy_04364: just tested that resistance line and can't seem to get back up through it
(10:52 AM) Orprepus: thx's p
(10:52 AM) Buffy_04364: ahh, just poked up but watching only
(10:53 AM) ppusa: this is the only PnF which I see as overextended. All the others are in sell but not necessarily overextended.
(10:53 AM) Orprepus: see it - the clsoe is the importanting right?
(10:53 AM) ppusa: Did you see that. What a call.
(10:53 AM) Orprepus: nice
(10:53 AM) Buffy_04364: so treat this as a flag correct?
(10:54 AM) ppusa: Now, please turn back down and make a new low.
(10:54 AM) Orprepus: maybe need one more bar 4m for flag IMO
(10:55 AM) Buffy_04364: true Orprepus, I am looking at the 75T
(10:55 AM) Buffy_04364: sorry
(10:55 AM) ppusa: Yes I guess, what it means is if i wanted to go short, I would have done so at 25 based on PnF
(10:55 AM) Buffy_04364: 1M shows it also
(10:55 AM) ppusa: but I am not convinced yet short is the place to be.
(10:56 AM) ppusa: we could still turn up. 
(10:56 AM) Orprepus: bounce off of support again on PP 4M
(10:56 AM) Buffy_04364: yep we could
(10:57 AM) ppusa: Don't like to sell into a string of sell signals.Rather sell into a buy signal that I think will turn into a sell. Same as saying wait for a bounce to go short.
(10:58 AM) Orprepus: dave did you see the chart?
(10:58 AM) elly_34: Buffy, do you have don hall's manual yet?
(10:58 AM) dave_b_quick: 2m? yes, thanks
(10:59 AM) ppusa: 28.50 could looks like swing high.
(10:59 AM) beanman_1: Buffy, I reaanchored Pyra on Friday's low and show if moving in a downward channel on 4min 11degrees
(10:59 AM) Orprepus: yes 2M 
(11:01 AM) Buffy_04364: thanks beanman
(11:02 AM) Indycator: beanman,  you a bean counter?
(11:02 AM) beanman_1: nope
(11:03 AM) gravestonedoggie: bean there done that
(11:03 AM) Orprepus: beanman - day session only?
(11:04 AM) Buffy_04364: does it look much different from one I posted earlier?  Did you post yours?
(11:04 AM) Indycator: gsd,  :)
(11:05 AM) beanman_1: Day session only..When I spent a day with Don Hall, he mentioned that unlike the book, in the shorter TF, he repositions constalntly on the significant piviot high/lows
(11:07 AM) Orprepus: thxs for the insight Bman
(11:07 AM) beanman_1: fwiw in the pyra book there are a number of examples using pyra on PNF
(11:08 AM) Orprepus: ascending triangle on 60m
(11:08 AM) ppusa: i like the 60 min chart.
(11:09 AM) ppusa: I bot my longs back based on it
(11:10 AM) Orprepus: 60M and 120m really speak to me
(11:10 AM) Orprepus: my yoda connection
(11:11 AM) ppusa: sold one of them
(11:11 AM) ppusa: which way are we going to go Orp?
(11:11 AM) Buffy_04364: yes he does but the diagonals matching a tl you would normally draw is still a criteria of the shift as I understood him
(11:12 AM) ppusa: What???
(11:12 AM) Orprepus: I think high - coming off support
(11:12 AM) ppusa: just kidding,, you sound so astute!
(11:12 AM) Orprepus: moving towards resistance
(11:12 AM) ppusa: seems to be holding well
(11:13 AM) Orprepus: later we go down and than we can have lunch
(11:13 AM) ppusa: later as in tomorrow?
(11:13 AM) dave_b_quick: so far fading every breakout was the ticket to ride: retro in reverse?
(11:13 AM) Orprepus: yes
(11:14 AM) ppusa: sold out again
(11:14 AM) ppusa: I need a nap
(11:14 AM) Orprepus: I need a caffine IV
(11:14 AM) beanman_1: Buffy, true, but the EOS end of square TL's are much more imporntant on the higher TF's, you want drill down from a weekly, daily, perhaps 60 or 120 min.  Like ripples in the water from a rock being tossed in,  a weely ripple, that cooincides with a daily, and 60 is much more impt. that a TL on a 4 min
(11:14 AM) ppusa: clueless
(11:15 AM) Orprepus: hey the cows are up now
(11:16 AM) ppusa: not this one
(11:16 AM) Buffy_04364: that is all true from what I have observed beanman but still usually don't adjust until the TL are off too - maybe I am doing something mentally I don't know but still seems to work  :-)
(11:16 AM) Orprepus: beanman i vote for you to be next to provide us with more insight on PP - whatda say?
(11:17 AM) Daniel X: yawnnnnnn...had to get off the couch ...fell asleep!
(11:17 AM) Buffy_04364: sounds good I still don't hae the book LOL
(11:17 AM) 4nq: .
(11:17 AM) Orprepus: beanman - do you look at 233tick PP chart
(11:17 AM) beanman_1: sure... I have read the book and attended a seminar with Don
(11:18 AM) dave_b_quick: back soon, gotta put on the chauffer hat
(11:18 AM) Orprepus: see ya dave
(11:18 AM) beanman_1: I was looking at 233 tick but swichted to 1min since I counld not overlay tick and trin on tick charts in Ensign
Paltalk: Click banners to visit our sponsors.
(11:22 AM) ppusa: testing
(11:22 AM) Orprepus: beanman - thursday after market close - would you be willing to give us  a review of how you use PP?  Some of us just started watching it when Howard Arlington went over it in his weekly chat class for Ensign Windows a few weeks ago.
(11:23 AM) Orprepus: dave did you see the bounce off the BB 2m
(11:23 AM) Orprepus: of dave is driving
(11:24 AM) beanman_1: sure.. I will try to find a way to snag a few pages of the manual.. I have it on CD in Adobe but it is read only and you cannot cut and paste
(11:25 AM) Buffy_04364: I thought about getting the cd but decided I like the portability of the book
(11:25 AM) Buffy_04364: should be here soon I hope
(11:27 AM) Orprepus: tightening BB's on 2M usuaully a sign for movement up down but not sideways
(11:28 AM) Orprepus: great Beanman - look forward to it.  Your own charts would be great also!
(11:29 AM) Daniel X: anybody use moon cycles?
(11:30 AM) Daniel X: for the past few years we've bottomed within 2 days of the full moon due this weekend
(11:33 AM) coaster_9: new moon is due this weekend, not full moon
(11:33 AM) Daniel X: sorry that's what i meant
(11:34 AM) coaster_9: Bman, you can select all for a page in PDF files and then copy that and paste it into word processor and hack away at it from there
(11:35 AM) beanman_1: Let me give it a try..
(11:38 AM) beanman_1: No can do coaster...won't work
(11:40 AM) dave_b_quick: beanman you have to have Adobe Acrobat 4 to edut .pdf's :>)
(11:40 AM) dave_b_quick: edit
(11:42 AM) dave_b_quick: orp, you were talking about the 4 bars at the top BB on NQ 2m?
(11:42 AM) Orprepus: bounce off of support again at 1622
(11:43 AM) dave_b_quick: that's what they mean when they say "BB ping pong"?
(11:43 AM) beanman_1: I am using Adobe 4.O but Abobe 4.0 is a  reader, the cut, copy and paste funcitons are greyed out on documents that are distributed read-only
(11:43 AM) Daniel X: back in 1/2 hour
(11:44 AM) dave_b_quick: bon apetit
(11:46 AM) dave_b_quick: there's "acrobat reader 4" (free) and just plain "acrobat4" ($400)
(11:46 AM) beanman_1: I have the freebie..
(11:47 AM) Buffy_04364: don't we all LOL
(11:47 AM) Buffy_04364: just posted 75T with TLs
(11:47 AM) dave_b_quick: i might have access to the real one if you wanna send me the file and what pages you wanna snatch
(11:47 AM) Orprepus: yes  went to top band and pulled back - notice crossing stos - when in a trading  range or chop these are the tools that I like best - also like to look at vol - begginning to watch the PP also
(11:48 AM) beanman_1: The manual is one file and to large to send.. already tried
(11:48 AM) beanman_1: I will use a screen scraper and snag a few pages for thurs..
(11:48 AM) dave_b_quick: how big is it?
(11:49 AM) beanman_1: about 7mb
(11:50 AM) dave_b_quick: do you have an FTP program?
(11:50 AM) dave_b_quick: like cuteFTP or WSFTP?
(11:50 AM) beanman_1: I don't think so, are there any freebies out there?
(11:50 AM) dave_b_quick: ya, those are both free
(11:51 AM) dave_b_quick: but wait a minute i think i have a way you can upload big files without it
Paltalk: Love PalTalk but hate the banners and popups?
Go bannerless! Only $9.95 per year! Click HELP
on your Pal List then click 'Bannerless PalTalk'.
(11:51 AM) reset_3: I need to get a new computer,does any one have a sugestion for pentium 3 or 4 or ? ....... thanks
(11:52 AM) dave_b_quick: i buy cheap components and put 'em together and see if it works
(11:52 AM) reset_3: I am not that knowlage
(11:52 AM) dave_b_quick: "home handyman computing"
(11:52 AM) dave_b_quick: sometimes it works, sometimes it don't
(11:55 AM) Indycator: pentium 3, AMD chip with ASUS  motherboard, win2k, at least 128K ram or more, 7200rpm hard drive, fwiw
(11:57 AM) reset_3: do you have any problems whit AMD it looks that is not stable as pentium ?
(11:57 AM) beanman_1: fwiw, In the Pyra book Don Hall uses stoch 45(%D blacked out), RSI 3, and Wilders Accumulative Swing Index (avail for download at Ensign home page under ESPL).  He has all 3 overlayed on top of each other and they seem to capture the major swing in any TF
(11:57 AM) reset_3: oop sorry
(11:58 AM) reset_3: thanks Indycator
(11:59 AM) cctraderx: reset, buy as much memory as possible - it;s cheap now
(11:59 AM) Indycator: reset...actually I have pentium 3 but Teresa and a few others highly recommend and use the above setup.  She has 512K ram and says her new computer is rock solid with the AMD chip
(11:59 AM) dave_b_quick: ya, 256Mb for $30 i think
(12:00 PM) Indycator: dave....wow, that is dirt cheap
(12:00 PM) reset_3: thanks
(12:01 PM) rs_5: amazing prices on memory......careful with brands though.....bad ones crash computer
(12:01 PM) dave_b_quick: T recommended crucial.com for memory
(12:01 PM) cctraderx: p3 - cant use amd chip
(12:01 PM) cctraderx: if use amd then get the athlon chip w/ asus board
(12:01 PM) cctraderx: athlon 4
(12:02 PM) dave_b_quick: i have Intel Pentium3 in 2 'puters and like it, one on Intel board, the other on a Gigabyte board both no prob's
(12:03 PM) reset_3: p4 in not an option?
(12:03 PM) dave_b_quick: ya, getting pretty cheap with so much inventory excesses
(12:04 PM) reset_3: dell has p4 512 memory 40 hd 7200 for $ 1137
(12:05 PM) dave_b_quick: sounds like a deal, they'll put a matrox dual video card in it for a few more $
(12:05 PM) coaster_9: Bman, you take the page in PDF file you're interested in, and press Ctrl-A, then when text is hilighted, go to Edit menu and choose Copy which has now come alive.  Then you can paste that chunk into Word or other program.
(12:06 PM) reset_3: thanks very much guys
(12:07 PM) Indycator: reset...just not sure about the p4...a few 'experts' that hang around Teresa's site mentioned concerns about p4 and thought p3 was good, but I am by no means an expert.  Just get win2K for sure.
(12:07 PM) dave_b_quick: ya, win2kpro *****
(12:08 PM) Buffy_04364: gee good to know Dell never used to put the dual cards in for you
(12:08 PM) coaster_9: cc, why cautious about AMD?  I have AMD and do have some glitches with Win2K and Ensign
(12:09 PM) reset_3: http://www.elitetrader.com/ have a good article on gorkstation guide
(12:09 PM) reset_3: Worlstation
(12:10 PM) reset_3: it recomend p3 and windos2000
(12:10 PM) beanman_1: Thanks Coaster.. that worked. I will cut 5-10 pages for Thurs.
(12:11 PM) beanman_1: Dave_quick, Can I post a word doc at Da-charts?
(12:12 PM) dave_b_quick: ya, or e-mail it to me and I will
(12:12 PM) dave_b_quick: if you don't have FTP
(12:14 PM) Orprepus: bought  5 PIII 450 loaded w/17" monitor for $25/each - dotgone sell
(12:14 PM) dave_b_quick: i'll take 2
(12:14 PM) Buffy_04364: type?
(12:14 PM) Buffy_04364: typo?
(12:15 PM) Orprepus: no $25.00
(12:15 PM) leont_2_1: auction
(12:15 PM) Buffy_04364: nice
(12:15 PM) leont_2_1: ebay
(12:15 PM) ppusa: Orp, you bot 5 computers $25.00 each?
(12:15 PM) Orprepus: yes
(12:16 PM) dave_b_quick: i just got an e-mail from netfutures offering $0.99 per side + fees commission on PATS platform
(12:16 PM) rs_5: will you sell one at 100% markup - $50/ea?
(12:17 PM) Orprepus: already distributed
(12:17 PM) dave_b_quick: good going orp
(12:17 PM) rs_5: lol
(12:17 PM) ppusa: best trade yet
(12:17 PM) Orprepus: live in silicon valley and dotgone sells everyday
(12:17 PM) leont_2_1: nq moving
(12:18 PM) Orprepus: watch the BB 
(12:18 PM) ppusa: hey buffy, you know that email I sent you the bottom was missed up but I couldn't do anything to fix it.
(12:19 PM) Orprepus: actually was employee purchase prior to auction
(12:19 PM) reset_3: Orpe what is the URLs
Paltalk: Please support our sponsors by clicking on banners.
(12:22 PM) reset_3: http://dovebid.com/  this has good auctions
(12:23 PM) dave_b_quick: good one on the bb, orp
(12:24 PM) Orprepus: thx - dave
(12:25 PM) Orprepus: reset - company call ww.ivest.com - they are gone
(12:25 PM) reset_3: I can see why
(12:26 PM) reset_3: $25 computer
(12:26 PM) jimbo_320: volume contraction, hows retro done so far?
(12:27 PM) Orprepus: was a way of paying emplyees back for the tanking of the company - missed out on the $700 ergo exec leather chairs that they sold to employess for $50
(12:28 PM) dave_b_quick: bubble fallout
(12:29 PM) RadhakrishnanMR: Hi
(12:29 PM) Orprepus: yes it is tough going around here right now - unemployment shoot up to 4.9% -  1.5y ago it was 1.7%
(12:29 PM) jimbo_320: anyone short?
(12:30 PM) jimbo_320: or thinking short?
(12:32 PM) dave_b_quick: hi rada
(12:33 PM) Orprepus: posted 60M NQ
(12:34 PM) ppusa: Long or thinking long?
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. 
You can post charts at www.DaCharts.com
  Spammers & hecklers get the boot.
(12:36 PM) Orprepus: ranged the day with a pop up last hour
(12:36 PM) Buffy_04364: Son just left so back now
(12:36 PM) Buffy_04364: can see nothing happened
(12:37 PM) jimbo_320: maybe i should go take another game of golf !
(12:37 PM) Daniel X: plz do 
(12:37 PM) Daniel X: at least someone can enjoy the day
(12:37 PM) dave_b_quick: sometimes that's the best choice, jimbo
(12:38 PM) scottybythelake: Any body in the Tampa area that need a computer - heads-up Aug 22, 7am @ http://dovebid.com/auctions/browsewebcast.asp?AuctionID=973
(12:38 PM) jimbo_320: i'll leave you guys my number, and you give me a call if we break outa the chop LOL
(12:39 PM) Buffy_04364: LOL
(12:40 PM) dave_b_quick: IB posted a notice this morning that they take WAP orders now
(12:40 PM) Daniel X: u serious what same fee rt
(12:41 PM) jimbo_320: i have written a web site if anyone cares to look http://www.jcs-solutions.com, under future trends there is some mini charts and stock picks
(12:41 PM) dave_b_quick: dono, i didn't check the details, but they're posted at the IB website
(12:42 PM) dave_b_quick: thanks, jimbo, will check it out
(12:42 PM) Buffy_04364: ditto
(12:42 PM) jimbo_320: well, lucky i dont have a wap phone then !
(12:43 PM) Daniel X: Gosh now all I need is for you to send me trades...when you take then and when u cut them...by email and i can lie on the beach!!
(12:43 PM) jimbo_320: dave,daniel,  theres a market for that, whats it called retro-wap !
(12:43 PM) Daniel X: lol
(12:44 PM) jimbo_320: wap is 0.02 per share, stocks only i think, normal is 0.01, still pretty cheap though, do they have interactive charting as well?
(12:45 PM) Daniel X: ya right
(12:46 PM) dave_b_quick: Has anybody tried PATS?
(12:46 PM) timing 2: like that beach wap lol
(12:46 PM) Buffy_04364: just posted 5M
(12:47 PM) Indycator: what is wap?  
(12:47 PM) dave_b_quick: it's a protocol for palmtop and cellphone browsers
(12:47 PM) Indycator: thanks dave
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. 
You can post charts at www.DaCharts.com
  Spammers & hecklers get the boot.
(12:50 PM) Daniel X: we've been able to trade stocks up here in Montreal on a cell for 6 months now..never tried it though.
(12:50 PM) GGriz: puts and calls both under distribution at cboe, they expire this week
(12:50 PM) Buffy_04364: naw going watch for resolve of this bar hitting that tl
(12:51 PM) woodsy: 343 here?
Paltalk: Press the INVITE button NOW!
Get your friends in on the fun!
Invite them to join us on PalTalk today!
(12:51 PM) Buffy_04364: on 5M
(12:52 PM) Buffy_04364: got my poke bar
(12:52 PM) ppusa: hey Buffy, I have a related note 
(12:53 PM) Buffy_04364: yes?
(12:53 PM) larrybf: dave- i am going to open an account with netfutures. I will tell you about as i find out
(12:53 PM) ppusa: basically says are they apart? Meaning don't get caught against them when they start to go.
(12:53 PM) dave_b_quick: thanks larry, i might switch my backup account 
(12:53 PM) Buffy_04364: looking for it to go ppusa
(12:54 PM) Buffy_04364: not in until takes out poke bar
(12:54 PM) larrybf: ok . total price to trade is $5.30 rt
(12:54 PM) Buffy_04364: helps to avoid most fakes
(12:54 PM) ppusa: WHICH POKE BAR ...TIME OF BAR?
(12:54 PM) Buffy_04364: 1255
(12:55 PM) ppusa: EST?
(12:55 PM) Orprepus: larry - using patsystems - Jtrader
(12:55 PM) Buffy_04364: on 5M
(12:55 PM) ppusa: that's what we are on, yes?
(12:55 PM) Buffy_04364: posted 5M with the trendlines drawn earlier
(12:55 PM) Buffy_04364: yes
(12:56 PM) ppusa: REGARDING PATS - I use PATS
(12:56 PM) sp-leo: sell daily lows then?
(12:56 PM) Buffy_04364: made hgher low on 1M
(12:56 PM) larrybf: orpreepus- i only trade through IB at the present
(12:56 PM) ppusa: going, 
(12:56 PM) ppusa: going,
(12:56 PM) larrybf: sorry  i cant type
(12:57 PM) dave_b_quick: if you use PATS, pusa, I'll take that as a strong recommendation
(12:57 PM) ppusa: about to be gone
(12:57 PM) Buffy_04364: :-)
(12:57 PM) larrybf: ppusa- do you like patsystems?
(12:57 PM) ppusa: i like pats. My broker's web site sucked.
(12:57 PM) ppusa: yes
(12:58 PM) larrybf: thanks
(12:58 PM) ppusa: Now when 1 goes, I have a backup
(12:58 PM) ppusa: rebuffed at BB
(12:59 PM) ppusa: 15 min chart starting to roll.
(12:59 PM) sp-leo: buy 86
(12:59 PM) boomer_95: ppusa...are u talking about IB about to be gone?
(12:59 PM) ppusa: no, the poke bar
(12:59 PM) ppusa: didn't and we sold off
(12:59 PM) ppusa: are selling off
(12:59 PM) boomer_95: very well..
(01:00 PM) Buffy_04364: it could still fake to bottomside too
(01:00 PM) Buffy_04364: never know
(01:00 PM) Orprepus: covered 4pts from BB 2M - way too fast
(01:00 PM) Daniel X: well at least i can say today wasn't a total waste...my comp is colecting data!
(01:00 PM) jimbo_320: es puke, but nothing on nq?
(01:01 PM) ppusa: Buffy, when you refer to a poke bar, what does it have to do to be called a poke bar?
(01:02 PM) Buffy_04364: it has to break the TL in place
(01:02 PM) Buffy_04364: poke its head through it
(01:02 PM) Daniel X: Orp good going...for me aspiring to be Retro X  leaves my hands tied.
(01:02 PM) Buffy_04364: want a post of this one
(01:02 PM) Buffy_04364: ?
(01:02 PM) ppusa: tiime line on PP yes?
(01:02 PM) ppusa: sure so I know which time line
(01:02 PM) Buffy_04364: not for me might be for Orprepus
(01:02 PM) sp-leo: missed my 86.  am I greedy or what?
(01:03 PM) Orprepus: yes tl on 2M PP and BB
(01:03 PM) Daniel X: Dave...today are you being Quick?!
(01:03 PM) Buffy_04364: posted 5M
(01:04 PM) Orprepus:  also degree resistance from PP
(01:05 PM) dave_b_quick: no, daniel, i balanced my checkbook, did an errand downtown, studied BB and JazzBell...
(01:05 PM) ppusa: So it poked through your downtrend line?
(01:05 PM) Buffy_04364: yes
(01:05 PM) ppusa: ok
(01:05 PM) Buffy_04364: set buy stop 1tick above usually works well and keeps you out of the fakeouts
(01:05 PM) Daniel X: DAVE lol
(01:05 PM) Buffy_04364: most of the time
(01:06 PM) dave_b_quick: been keeping a steady eye on the 2nd 81m inside bar
(01:06 PM) dave_b_quick: 81m bars are kinda like watching corn grow
(01:06 PM) Daniel X: ha ha ha
(01:06 PM) Orprepus: dave you trading corn now
(01:06 PM) Buffy_04364: I feel this whole day has been that slow
(01:07 PM) dave_b_quick: no, orp, just watching it grow
(01:07 PM) jimbo_320: thats what you get for getting 80 pointers !
(01:07 PM) ppusa: from 3:30 to 4:30 pst, we have been trading an inside bar. I didn't notice until just now
(01:07 PM) Daniel X: u mean friday
(01:08 PM) ppusa: no wonder we are chopping
(01:08 PM) ppusa: last night
(01:08 PM) Daniel X: oh AM ok
(01:08 PM) ppusa: 1618.5 low, 49 high
(01:08 PM) dave_b_quick: working on the 3rd 45m inside bar
(01:08 PM) cctraderx: coaster - comment on AMD chip - I have no problems, just didn't want someone to think you can use both chips amd and p3/4
(01:09 PM) beanman_1: Teachtrades says pit is quiet.. trades is just local to local which means chop..
(01:09 PM) Daniel X: that're trading bonds today
(01:09 PM) Orprepus: thxs bman
(01:09 PM) rs_5: beanman, did you get level 2 or 3?
(01:09 PM) Daniel X: or had been
(01:09 PM) beanman_1: still using freebie..
(01:10 PM) beanman_1: changes passwords every 7 days..
(01:10 PM) rs_5: ok, thanks
(01:10 PM) rs_5: ??
(01:10 PM) Daniel X: Retro B/E on the day?or slighty positive
(01:10 PM) beanman_1: you can keep signing up for freebie with different email
(01:10 PM) Daniel X: Dave
(01:11 PM) Orprepus: smart bman
(01:11 PM) rs_5: o..beanman didn't know that
(01:11 PM) boomer_95: beanman..u might want to take that private...
(01:11 PM) jimbo_320: rfmd looks like a ripper if we tank pm
(01:12 PM) dave_b_quick: Dan, retro got stopped out twice in a row, down 8, now hibernating
(01:12 PM) Daniel X: me too - 11 
(01:13 PM) Daniel X: i missed the 34 long
(01:13 PM) beanman_1: Did T. LO say out of slowness come speed....
(01:14 PM) Buffy_04364: yep cause it is coiling up for something
(01:14 PM) sp-leo: maybe they're wating for the advance retail tomorrow
(01:15 PM) ppusa: i bot my longs back and went to sleep so I am up on rest only
(01:15 PM) Daniel X: that and AMD and DELL
(01:15 PM) sp-leo: or cpi
(01:15 PM) dave_b_quick: trading a system where you know the odds are heavily in your favor over the next 10 trades if you take every trade makes getting stopped out at a loss a couple of times just a routine business expense like paying the phone bill
(01:15 PM) Daniel X: retail spending
(01:16 PM) Daniel X: Ditto Dave
(01:16 PM) Daniel X: gotta take every  valid trade
(01:16 PM) sp-leo: and some of the invalids
(01:16 PM) dave_b_quick: LOL
(01:17 PM) Daniel X: no invalids until you take the loss
(01:17 PM) sp-leo: true
(01:17 PM) sp-leo: if you're smart enough to write the program, you're smart enough to over-ride it
(01:17 PM) sp-leo: so they say
(01:18 PM) Buffy_04364: poke bar again on 5M
(01:18 PM) dave_b_quick: that's the problem for most people, couple of losses and they change systems
(01:18 PM) Daniel X: in this chop retro could of traded without a stop and made  alittle ..but you never know and that is why u gotta have rules
(01:18 PM) sp-leo: slaving to ensign sure beats shooting from the hip
(01:19 PM) sp-leo: sell 93
(01:19 PM) Daniel X: finally coming out of the chop!!!
(01:20 PM) dave_b_quick: quick, fade it!
(01:20 PM) Buffy_04364: hopefully
(01:20 PM) Buffy_04364: LOL
(01:20 PM) Buffy_04364: time lineon my pyra
(01:20 PM) Orprepus: tl 2M
(01:21 PM) Daniel X: GOLDMAN just upgraded AMD and INTC
Paltalk: You DO have a choice! Buy bannerless to end your
popup blues today! Click HELP on your Pal List
then click 'Bannerless PalTalk'. Only $9.95 a year!
That's less than THREE CENTS per day! WOW!!!
(01:21 PM) Buffy_04364: who upgraded the chip sector this morning also?
(01:22 PM) Daniel X: aaahhholdnews nevermind!
(01:22 PM) dave_b_quick: Goldman must need to unload some of their chip sector holdings...
(01:22 PM) Buffy_04364: yep exactly what I thought too
(01:22 PM) Buffy_04364: upgraded downgraded and then upgraded all in less than a week
(01:23 PM) rs_5: lol, they are getting too obvious, need a new strategy to fool us soon
(01:23 PM) dave_b_quick: they have to milk the cow before congress makes the new law about fading their own recommendations
(01:23 PM) Buffy_04364: as long as we don't listed but trust the charts they won't fool us anymore!
(01:23 PM) ppusa: Buffy, did that stop still apply to the 12:55 poke bar
(01:24 PM) Buffy_04364: yes
(01:24 PM) Daniel X: true Buffy..charts don't lie people do!!
(01:24 PM) sp-leo: this sucks, can't even get 2 points out of stop-running
(01:24 PM) Buffy_04364: long since it was taken out
(01:24 PM) ppusa: what does fade it mean?
(01:24 PM) Buffy_04364: go the opposite way
(01:24 PM) leont_2_1: buying is coming in
(01:24 PM) Buffy_04364: stop at +.5
(01:25 PM) Buffy_04364: giving it room
(01:25 PM) luv-to-trade: hello
(01:25 PM) Buffy_04364: 1637 might slow it down a bit
(01:25 PM) Daniel X: 40 the # on PnF
(01:26 PM) luv-to-trade: how is retrotrader doing today?
(01:26 PM) luv-to-trade: kind of a small range for nq
(01:26 PM) Buffy_04364: retro doesn't do well on small range days
(01:26 PM) Daniel X: he's down waiting for a trend to develop
(01:26 PM) Buffy_04364: moved stop up
(01:26 PM) luv-to-trade: it is hard 
(01:27 PM) ppusa: got bumped
(01:27 PM) Buffy_04364: 12M triggered a buy at 1633.50
(01:27 PM) GGriz: my dtn sat feed just died    anyone else?????
(01:27 PM) sp-leo: mine's ok
(01:27 PM) qatwo: fine here
(01:27 PM) Daniel X: me too
(01:28 PM) sp-leo: I guess they had pity on me and let in this time
(01:28 PM) sp-leo: or heard my complaining
(01:28 PM) GGriz: I've got signal qual down to 17 ---> maybe sun
(01:29 PM) Daniel X: GRIZ I din't know they've change their index symbols this AM
(01:29 PM) Buffy_04364: stop at 1635
(01:29 PM) GGriz: ty i am calling now
(01:29 PM) ppusa: OK, I'm back
(01:30 PM) ppusa: So Buffy you are long with a stop .5 above entry?
(01:30 PM) ppusa: My 6 point PnF is looking for a pullback
(01:30 PM) Daniel X: sounds like the old Daniel X /Polo EQ style
(01:31 PM) ppusa: Maybe they will run a bit first
(01:31 PM) Daniel X: Buffy
(01:31 PM) GGriz: thee is severe wx in NC interfering with the up link I am using 8800 box on GE1 sat
(01:31 PM) ppusa: Hey Dan!
(01:32 PM) ppusa: oh never mind
(01:32 PM) GGriz: they said there may be more problems caused by wx
(01:32 PM) Daniel X: yes yes what?
(01:32 PM) Daniel X: PPUSA?
(01:32 PM) ppusa: Dan, 
(01:32 PM) Daniel X: wazzup!
(01:32 PM) Buffy_04364: yes long
(01:33 PM) ppusa: because the ma's are steep up i am ignoring my 6 point PnF
(01:33 PM) Orprepus: tightening stop on slow down
(01:33 PM) Buffy_04364: and stop now 2.5 above entry
(01:33 PM) Buffy_04364: at 1635
(01:33 PM) Daniel X: if the pull back holds the ema and bounces i'll be tempted
(01:33 PM) ppusa: BUT, if we go just a bit higher, I will go for it.
(01:34 PM) ppusa: 1638.5 BB on 1 min
(01:34 PM) Daniel X: adx@ 40
(01:35 PM) Daniel X: macd going +
(01:35 PM) Orprepus: need break above 1638 resistance
(01:35 PM) ppusa: Now BB closer to 1640 as it is rising
(01:35 PM) ppusa: Steep up trend
(01:36 PM) Orprepus: come on knock knock 1638
(01:36 PM) Orprepus:  open the door
(01:36 PM) Buffy_04364: boy did it ever slow down
(01:36 PM) ppusa: 35 offered at 1638
(01:37 PM) Orprepus: tightening stops again
(01:37 PM) ppusa: should pull back a couple ticks.
(01:37 PM) Buffy_04364: ditto as it is having trouble making a higher high on 75T
(01:37 PM) ppusa: out
(01:38 PM) ppusa: will buy back any dip
(01:38 PM) Daniel X: back in 5 mins
(01:38 PM) Buffy_04364: 1636 is my stop
(01:38 PM) Buffy_04364: and just got filled
(01:39 PM) ppusa: buy order in at 32
(01:39 PM) ppusa: we hit downtrend line on 15 min from this morning
(01:40 PM) Buffy_04364: the bulls and bears are really fighting here
(01:41 PM) beanman_1: ppusa, Are your PNF charts overlayed on price, or in study windows or in separate windows?
(01:41 PM) ppusa: still in nice up trend.
(01:41 PM) Buffy_04364: yep just sayng............
(01:41 PM) sp-leo: still short 93
(01:41 PM) sp-leo: 2 points or nothing
(01:41 PM) ppusa: overlayed but I have the chart bars deleted
(01:42 PM) sp-leo: even stop in
(01:42 PM) ppusa: they don't overlay very well because they are not time sensitive
(01:42 PM) dave_b_quick: just got back from making lunch for the kid and i have these 4 funny inside bars on NQ 5m.  Is my chart broken?
(01:43 PM) Buffy_04364: tempting to go with whichever way it breaks out of this shelf
(01:43 PM) Orprepus: stop hit 1635 
(01:43 PM) ppusa: if we broke 1625, maybe short?
(01:44 PM) Buffy_04364: no and that is what made me decide to go either way off of shelf
(01:44 PM) ppusa: but daily chart wouldn't hurt to have a higher high today
(01:44 PM) sp-leo: ok, so I"m weak.  7 tics aren't quite 8 but a whole lot more than 0
(01:45 PM) Ensign Software: Hi,
(01:45 PM) Daniel X: anyone want to see an accident scene from Brazil involving a Ferrari  but I warn you it's very graphic!!
(01:45 PM) dave_b_quick: hi howard
(01:45 PM) ppusa: not now Howard!
(01:45 PM) Buffy_04364: hi Howard
(01:45 PM) dave_b_quick: did you post it dan?
(01:45 PM) Ensign Software: so ppusa wants me to be quiet?
(01:45 PM) Daniel X: no gotta send it to you
(01:45 PM) Buffy_04364: I don't
(01:46 PM) ppusa: oh go ahead.
(01:46 PM) dave_b_quick: OK, dan
(01:46 PM) Daniel X: email?
(01:46 PM) ppusa: This was the only excitement we had all monrining
(01:46 PM) dave_b_quick: dshedd@dacharts_dachart_dacharts_dachart.com
(01:46 PM) ppusa: morning
(01:46 PM) leont_2_1: buff where's your stop?
(01:46 PM) Buffy_04364: I am out now
(01:46 PM) Buffy_04364: -1
(01:46 PM) leont_2_1: good
(01:47 PM) leont_2_1: took 34?
(01:47 PM) Buffy_04364: wasn't watching to move for + in time
(01:47 PM) Buffy_04364: my fault
(01:47 PM) Buffy_04364: so Howard did you enjoy your trip?
(01:47 PM) leont_2_1: tricky mkt
(01:47 PM) Buffy_04364: nice 4M nq!  Howard thanks
(01:48 PM) Ensign Software: I was going to say that Aug 13th version has been uploaded which gives you the ability to put Notes on in different font sizes.
(01:48 PM) Buffy_04364: nice addition!
(01:48 PM) dave_b_quick: great, i wanted that
(01:48 PM) Orprepus: yeah
(01:48 PM) Orprepus: now it breaks
(01:49 PM) Buffy_04364: of course 
(01:49 PM) Ensign Software: 2 day vacation was to Granite Hot Springs, camping in the forests about 30 miles east of Jackson Wyo.   Vacation was fantastic and the camp site and hot springs swimming pool was perfect.
(01:49 PM) Buffy_04364: sounds nice Howard
(01:49 PM) sp-leo: sounds like lava hot springs
(01:50 PM) Orprepus: test overnight high
(01:50 PM) Ensign Software: I see more are using the ability to post JPG images to the dacharts_dachart_dacharts_dachart web site, which is good.
(01:50 PM) Buffy_04364: yes we are
(01:50 PM) dave_b_quick: yes, it's nice to see what people are talking about
(01:50 PM) Orprepus: like the feature
(01:50 PM) Buffy_04364: and you are right it is good
(01:50 PM) Ensign Software: granite hot springs not as well developed as lava hot springs.
(01:50 PM) sp-leo: is there a large pool there?
(01:51 PM) sp-leo: regular pool?
Paltalk: To visit our sponsors, click on banners!
(01:51 PM) Ensign Software: pool is not large, but large enough.   water temp from springs is 112 degrees, but you can find cooler places in the pool.
(01:52 PM) Buffy_04364: velez also said in the video very seldom does either side win more than 5 bars in a row
(01:52 PM) ppusa: This was a great example of the point I have been making with PnF. We got the 5 tick pullback, but not the six. Consequently, I missed the last move. But now I know we should still get six from soomewhere so I will wait again.
(01:52 PM) Daniel X: PPUSA u watching 41?
(01:52 PM) Daniel X: too late
(01:52 PM) Ensign Software: pool filled directly from the spring, no sulpher, no clorine, no smell, just crystal clear water that is hot.
(01:52 PM) Buffy_04364: nice.............
(01:53 PM) ppusa: The hour chart showed we would not get much of a pullback and I got caught looking.
(01:54 PM) sp-leo: Sounds nice. I hosted my family reunion and scouted Oregon, Washington, and Idaho before settling on lava 
(01:54 PM) Buffy_04364: test of HOD?
(01:54 PM) Ensign Software: buffy, thanks for typing the transcript for last wed class.
(01:54 PM) sp-leo: I prefer the primitive but we had older people that needed access to airport and hotel
(01:54 PM) Orprepus: yes on hod test and overnight
(01:55 PM) Buffy_04364: you welcome I enjoyed it
(01:55 PM) ppusa: I hope this is a good lesson for all of you in regards to PnF. The steep up trend from the breakout negated the potential pullback.
(01:55 PM) Buffy_04364: hope I didn't miss too much
(01:55 PM) dave_b_quick: somebody mentioned a greenspan rumor
(01:55 PM) Buffy_04364: that wouldn't surprise me Dave
(01:56 PM) sp-leo: I am not available for the class.  Where can I access the transcripts?
(01:56 PM) Daniel X: i've got 55 as R1 
(01:56 PM) dave_b_quick: sp-leo: they're posted at dacharts_dachart_dacharts_dachart.com
(01:57 PM) dave_b_quick: on the transcripts page
(01:57 PM) sp-leo: ok, Thanks Dave
(01:57 PM) ppusa: da train, da train
(01:57 PM) Buffy_04364: also at ensign's site under FAQ 
(01:57 PM) Daniel X: too early
(01:57 PM) Daniel X: lol
(01:57 PM) sp-leo: thanks buffy
(01:57 PM) ppusa: i keep forgetting
(01:57 PM) Buffy_04364: so two places to get them
(01:57 PM) Daniel X: unless it's rescheduled now at 2 pm
(01:57 PM) ppusa: i am used to the 10:00 pst rally
(01:58 PM) Daniel X: oh i forgot  ouch
(01:59 PM) elly_34: anyone here use Dynamictrader with quote com feed?
(01:59 PM) sp-leo: never heard of it
(01:59 PM) Daniel X: not untill PnF prints 41/42 is this going to continue
(01:59 PM) sp-leo: is that with the free feed?
(01:59 PM) Buffy_04364: following pullback down with BS
(01:59 PM) sp-leo: or subscription?
(01:59 PM) Buffy_04364: 1M
(02:00 PM) sp-leo: elly?
(02:02 PM) jimbo_320: rfmd up 1
(02:03 PM) Daniel X: Retro still long from 38.50
(02:03 PM) Daniel X: 30 was a better entry though ..missed that one
(02:04 PM) Orprepus: me too 38.5
(02:05 PM) Daniel X: posible 2 B
(02:06 PM) Buffy_04364: no trend broken yet
(02:06 PM) Orprepus: still trending
(02:06 PM) jimbo_320: tick looking nice
(02:06 PM) Orprepus: adx rising
(02:06 PM) ppusa: the last time we had a higher high daily, it was followed by 7 more
(02:06 PM) ppusa: 6
(02:06 PM) Buffy_04364: have a gravestone candle on 3M 
(02:07 PM) Buffy_04364: so fight going on agan
(02:07 PM) ppusa: The intraday 1 hour chart has turned up.
(02:08 PM) ppusa: This chart is still way oversold.
(02:08 PM) LordPoe: WHAT IS THE CHART READING FOR MIN S & P  NUMBERS
(02:08 PM) ppusa: Take that back, It is trading beneath the longer term ma's
(02:08 PM) Buffy_04364: now we have broken trend
(02:08 PM) Daniel X: :-)
(02:09 PM) jimbo_320: tick falling
(02:09 PM) ppusa: This chart is not overbot until price trades above the MA
(02:09 PM) Buffy_04364: so if we get lower hign on this we might think about selling
(02:09 PM) jimbo_320: is retro still long or out on 2b?
(02:10 PM) ppusa: Shorts be carefull
(02:10 PM) ppusa: ful
(02:10 PM) Daniel X: Dave ? Retro out?
(02:10 PM) Buffy_04364: need to see what next high going to do before I think short or anything I guess
(02:10 PM) dave_b_quick: that wasn't really a 2B on 5m
(02:10 PM) jimbo_320: es has upside until 1196
(02:10 PM) Daniel X: oh ok
(02:11 PM) Orprepus: tighten stop 1643
(02:11 PM) Daniel X: 43 is the sell
(02:11 PM) Daniel X: good
(02:11 PM) Buffy_04364: lower high on lower TF
(02:12 PM) jimbo_320: dave would 2b be more like the first high of the day with a big red candle after the high?
(02:12 PM) Buffy_04364: two hangmen with that gravestone
(02:12 PM) Buffy_04364: enjoying watching this
(02:12 PM) dave_b_quick: on 2m and 3m it was a wimpy little 2B
(02:12 PM) dave_b_quick: hate to read too much into the chop
(02:13 PM) Buffy_04364: clear on 2M and 75T dave
(02:13 PM) jimbo_320: stoc are overbought here
(02:13 PM) Buffy_04364: I know you hate to go that low "=_
(02:13 PM) Buffy_04364: :-)
(02:13 PM) dave_b_quick: LOL wait 'til September
(02:13 PM) Buffy_04364: we are in another self
(02:14 PM) ppusa: 6 tick PnF way obot
(02:14 PM) Daniel X: 6 legs up ...enuff already
(02:15 PM) ppusa: But the market wants to go for the HOD
(02:16 PM) sp-leo: i'll bet we see 90 before 95
(02:17 PM) ppusa: how much?
(02:17 PM) ppusa: maybe I can hedge myself.
(02:17 PM) Orprepus: what are the odds
(02:18 PM) cctraderx: lol
(02:18 PM) jimbo_320: fill up on contracts then pp
(02:18 PM) Daniel X: 3 min to the Train
(02:18 PM) jimbo_320: anyone seen http://www.tradeodds.com
(02:19 PM) cctraderx: tell us more
(02:19 PM) Buffy_04364: I haven't
(02:19 PM) Orprepus: knock knock 1648
(02:19 PM) jimbo_320: whos there?
(02:19 PM) Orprepus: 1649 overnight high
(02:20 PM) jimbo_320: 1193 could be the chance to buy the retracement
(02:20 PM) ppusa: i will be surprised if it doesn't go
(02:20 PM) ppusa: but then I was surprised when we didn't break 19.50 last week and I got buried.
(02:20 PM) Buffy_04364: market loves to surprise us
(02:21 PM) sp-leo: how about 100 ppusa?
(02:21 PM) Orprepus: all aboard!!
(02:21 PM) ppusa: 100  bucks
(02:21 PM) ppusa: 100 what?
Paltalk: Subscribe to bannerless to stop the popups today!
Get it NOW for less than THREE CENTS a day! Click HELP
on your Pal List then click 'Bannerless PalTalk'.
(02:21 PM) sp-leo: that would be the risk of the trade anyway
(02:21 PM) ppusa: 1194.7
(02:22 PM) sp-leo: had you sold the 93, 95 would be 100 per contract
(02:22 PM) ppusa: 1195
(02:22 PM) cctraderx: looks like we see 95
(02:23 PM) sp-leo: ic
(02:23 PM) ppusa: Orp you still long?
(02:23 PM) Orprepus: yes
(02:23 PM) ppusa: how did I know!!!
(02:23 PM) sp-leo: yes
(02:24 PM) Buffy_04364: LOL
(02:24 PM) jimbo_320: we should be tanking by now
(02:25 PM) Daniel X: 55 res1
(02:25 PM) ppusa: Orp, what do you think, 1800 or 1500.
(02:25 PM) sp-leo: fortunately, talk is cheap.  Only costs my ego
(02:25 PM) ppusa: Just your gut feeliing
(02:25 PM) ppusa: Orp?
(02:26 PM) Orprepus: was tightening stop 
(02:26 PM) Orprepus: I think 1500
(02:26 PM) Orprepus: actually 1400
(02:27 PM) ppusa: ok, I think makes more sense too.
(02:27 PM) sp-leo: have a 93 sell stop in
(02:27 PM) ppusa: I won't beat myself yet
(02:28 PM) ppusa: Cigarette burn maybe
(02:31 PM) sp-leo: hope so
(02:34 PM) ppusa: sure is quiet
(02:34 PM) ppusa: anyone there?
(02:34 PM) cctraderx: y
(02:35 PM) cctraderx: watching
(02:35 PM) Orprepus: here - thinking about covering
(02:35 PM) ppusa: My six tick has acrophobia
(02:36 PM) Orprepus: covered 9pts
(02:36 PM) Daniel X: 43 looking like a classic T-Lo 2 B sell
(02:38 PM) Orprepus: ppusa would like to see dow and spoos close negative and NDX/NASDAQ have a slight positive close - would help setup tomorrow
(02:38 PM) beanman_1: popusa what are some of the TF's you use for PNF?
(02:38 PM) Daniel X: filled @ 43
(02:39 PM) cctraderx: you may speak allan111
(02:39 PM) Orprepus: bman - check out the archives at dacharts_dachart_dacharts_dachart for 8/10/01
(02:39 PM) sp-leo: filled at 93
(02:40 PM) sp-leo: short
(02:40 PM) dave_b_quick: beanman, ppusa did a pnf training session 8/10 after 4:30 which is in the chat transcript at dacharts_dachart_dacharts_dachart.com
(02:40 PM) beanman_1: cool, thanks,
(02:41 PM) larrybf: yeah
(02:41 PM) sp-leo: I hear you allan
(02:41 PM) Orprepus: thxs dave
(02:41 PM) ppusa: beanman 4,5,6,10,15,16,25,30,50,75,125,200
(02:41 PM) larrybf: working
(02:41 PM) ppusa: to name but a few.
(02:41 PM) sp-leo: I don't have a Mike on this computer
(02:41 PM) Orprepus: all on a 14" monitor monochrome
(02:41 PM) dave_b_quick: LOL
(02:41 PM) Buffy_04364: LOL
(02:42 PM) sp-leo: short @ 93 allan
(02:42 PM) Buffy_04364: thinking about a thunderstorm here
(02:42 PM) Buffy_04364: hope not
(02:43 PM) allan111: is there anyone in trading?
(02:43 PM) sp-leo: yes
(02:43 PM) Orprepus: rain whats that?  Maybe we  will break 70 today 64 right now and sunny
(02:44 PM) Buffy_04364: I think I am going to find out had to turn the lights on
(02:44 PM) ppusa: Orp, Dow and S&P looked good daily, especially after Friday. We will see. Bearish scenario
(02:45 PM) ppusa: Dow daily looks like maybe higher. Wierd day.
(02:45 PM) ppusa: food
(02:45 PM) Orprepus: I agree - also like the nasdaq divergence
(02:47 PM) dave_b_quick: especially on 3m
(02:49 PM) Orprepus: bond close will be interesting today
(02:50 PM) ppusa: maybe sell follow thru tomorrow for new lows
(02:51 PM) ppusa: last week we opened on high... week before, opened on low...this week,
Paltalk: Please visit our advertisers by clicking on banners.
(02:51 PM) ppusa: maybe we've seen the range
(02:58 PM) Orprepus: huge vol last few minutes
(02:58 PM) ppusa: we should take out 52.5
(02:58 PM) Daniel X: yes stop cleaning
(02:58 PM) Daniel X: yes stop cleaning
(02:59 PM) ppusa: okay, so now what?
(02:59 PM) ppusa: this is what we all should have been waiting for
(02:59 PM) Orprepus: tick 970 climbing
(03:00 PM) Orprepus: over 1000
(03:00 PM) ppusa: to sell or not to sell, that is the question
(03:01 PM) Daniel X: big question
(03:01 PM) ppusa: if we are going to 1400, this is the place.
(03:02 PM) ppusa: if we are going to 1800, then
(03:02 PM) ppusa: trend is up
(03:02 PM) lupe_2: hello
(03:07 PM) ppusa: went short
(03:08 PM) ppusa: not early enough
(03:08 PM) Daniel X: 55 is pivot point res1 so now maybe support
(03:09 PM) Orprepus: me too short
(03:09 PM) Orprepus: need to becareful
(03:10 PM) ppusa: low of 15 minute bar, will cover and reposition if given the opportunity
(03:12 PM) ppusa: If we saw 1625, I would feel a lot better.
(03:12 PM) ppusa: that area
(03:13 PM) jimbo_320: did retro bail or still long?
(03:13 PM) Orprepus: agree
(03:13 PM) dave_b_quick: retro bailed at 1643 and bot again at 1650
(03:13 PM) Daniel X: long with stop @ 55 i think
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. 
You can post charts at www.DaCharts.com
  Spammers & hecklers get the boot.
(03:16 PM) jimbo_320: shame we have 1200 ahead :-(
(03:18 PM) ppusa: Where did Buffy go?
(03:18 PM) cctraderx: fell asleep again??
(03:21 PM) Orprepus: definitely wrong side of this one - but like the risk/reward - stopped out -7pts 
Paltalk: Your friends are just a click away!
Press the invite button NOW!
(03:23 PM) jimbo_320: stocks r tanking
(03:26 PM) Orprepus: can go high
(03:27 PM) ppusa: i hate being early like that. Reason is I can still be right and lose money. Just timing.
(03:27 PM) jimbo_320: at least these trends, even if they are short are trends and not chop, big hammer on daily compx
(03:28 PM) ppusa: I'm still hanging
(03:28 PM) Orprepus: always timing - if you hold it long enough the market will come back to you
(03:28 PM) Orprepus: like now
(03:29 PM) Orprepus: need tick to go negative to break mo
(03:30 PM) Buffy_04364: back guys
(03:30 PM) Buffy_04364: I see it desiced to go down for nwo
(03:30 PM) GGriz: well, I'll tell ya, if the wires were reversed, I'd be a hap hap happy camper
(03:30 PM) cctraderx: scroll back - see we missed ya
(03:31 PM) Buffy_04364: LOL nice to know
(03:31 PM) Buffy_04364: My daughter from NY called
(03:31 PM) Orprepus: still dark?
(03:31 PM) GGriz: BE today, don't think I'll risk it till manana
(03:32 PM) Buffy_04364: yes
(03:32 PM) Buffy_04364: it is
(03:32 PM) Buffy_04364: sprinkling now and can hear the thunder but not close enough to shut down
(03:33 PM) jimbo_320: GS upgraded lots of semi/net stocks today
(03:33 PM) ppusa: That's one advantage to PnF. I have a specific parameter for exit. So as long as I don't blow it by a mile, I do ok.
(03:33 PM) Buffy_04364: nice 3M divergence posted
(03:34 PM) ppusa: Started a new hour.
(03:37 PM) Orprepus: pp way to hang in there
(03:37 PM) elly_34: have u ever posted your specific entry/exit rules ppusa?
(03:38 PM) ppusa: rules? ain't got no stinkin' rules.
(03:39 PM) dave_b_quick: LOL
(03:39 PM) cctraderx: lol :-)
(03:39 PM) rambler_12: ok parameters then : )
(03:39 PM) ppusa: I look at PnF, the trend, the daily range and the MA's on this trade.
(03:39 PM) sp-leo: only if covering your commisions qualifies
(03:39 PM) ppusa: Emphisis here was the chart pattern, I min and the daily range.
(03:40 PM) dave_b_quick: rules are for the weak-kneed (self included here)
(03:40 PM) cctraderx: lol - dave
(03:41 PM) ppusa: that's why I ask Dave about his entry on a trade like this. I am always early
(03:41 PM) elly_34: oh i thought uhad specific buy/sell signals
(03:41 PM) ppusa: Anyway, i covered. Took an eighty dollar hit.
(03:41 PM) dave_b_quick: Mike's mic was so low i didn't know he was talking until after he was done.  What did he say?
(03:41 PM) elly_34: er uh u said so anyway
(03:41 PM) elly_34: :)
(03:42 PM) cctraderx: didn't hear him here
(03:42 PM) Orprepus: I was early on this one and my rule casused me to eat 7pts
(03:42 PM) Orprepus: better than a 14pt hit
(03:42 PM) ppusa: I would like to be assured of a bearish scenario because I still have that 200 point PnF chart that says this could be a giant double bottom. 
(03:44 PM) ppusa: It's not often we open on a weekly high or low, and that says the probability of a sell off is  high.
(03:46 PM) ppusa: Orp, my mistake on ths one was entering on the low of a 15 minute bar.
(03:46 PM) ppusa: gave them eighty, will keep the other 800.
(03:48 PM) Orprepus: My mistake was I missed the adx rising again after falling from38 it did the dip and skipped up on my entry 
Paltalk: Go bannerless and support PalTalk!
Subscribe today! Only $9.95 a year!
Click HELP on your Pal List then
click 'Bannerless PalTalk'.
(03:53 PM) jimbo_320: retro short?
(03:54 PM) dave_b_quick: ya, but probly shouldn't be
(03:55 PM) jimbo_320: nice uptrend in stochastics
(03:56 PM) jimbo_320: do you ever hold retro trades overnight dave?
(03:57 PM) dave_b_quick: not me
(03:58 PM) Buffy_04364: this up bar on daily means a successful test of the 7/24 low right?
(03:58 PM) cctraderx: that's how I read......
(03:58 PM) dave_b_quick: jimbo, see retro rule #9, exit all trades at 4:00
(03:58 PM) cctraderx: I'm no expert
(03:58 PM) Buffy_04364: especially with the increase in volume
(03:59 PM) Buffy_04364: neither am I cc just seeing if someone agrees with me :-)
(03:59 PM) ppusa: got bumped again
(03:59 PM) elly_34: i think it will be viewed as that,
(03:59 PM) cctraderx: need to get ppusa and daniel's interpretations
(03:59 PM) jimbo_320: never know, saddam could drop a bomb and we'd see our accounts vapourised overnight :-(
(04:00 PM) cctraderx: if long
(04:00 PM) Buffy_04364: the TL is still in on the 3M  just posted it
(04:01 PM) Buffy_04364: ture cc
(04:01 PM) jimbo_320: good point - lol
(04:01 PM) ppusa: interpretation of what
(04:01 PM) ppusa: I got bumped after my last comment
(04:02 PM) cctraderx: and depends on what kind of bomb, I don't think those scuds will do much but make everyone else mad
(04:02 PM) cctraderx: lol
(04:02 PM) Buffy_04364: if this qualifies as successful test of low 7/24
(04:02 PM) jimbo_320: interesting day, retro must be up again on the day
(04:02 PM) elly_34: how did retro do?
(04:02 PM) Orprepus: buffy I agree also see it as hitting strong resistance  which use to be support
(04:03 PM) dave_b_quick: no, retro barely squeaked by at BE for the day after commissions
(04:03 PM) Buffy_04364: ahh from back in June
(04:03 PM) Buffy_04364: true orprepus
(04:03 PM) Orprepus: yes
(04:03 PM) elly_34: i consider be a good day in this kind of chop
(04:03 PM) elly_34: BE
(04:04 PM) Buffy_04364: true elly
(04:04 PM) jimbo_320: what we need is a pre-market chop index indicator
(04:04 PM) elly_34: yes
(04:04 PM) Buffy_04364: it was a day for sitting on hands mostly
(04:04 PM) Buffy_04364: until that triangle was taken out
(04:05 PM) Orprepus: normally when you go down the stairs you take one step at a time not skipping 2 or 3 - market tends to like to fill in the skipped stairs
(04:05 PM) Orprepus: imo
(04:05 PM) Buffy_04364: true it does
(04:06 PM) Buffy_04364: Mikes thing about not moving stops on an inside bar -- anyone been watching that at all?
(04:06 PM) jimbo_320: there is only so much farther  you can do when you are already at the bottom, unless you dig a big hole
(04:06 PM) dave_b_quick: no, buffy, why is that?
(04:06 PM) Buffy_04364: cause it seems to work especially on the lower tf like the 5min today
(04:07 PM) Buffy_04364: that first drop after it took out todays high in particular
(04:07 PM) jimbo_320: evening all, happy trading
(04:07 PM) Buffy_04364: evening jimbo
(04:08 PM) Buffy_04364: oh Dave need to change the heading on web page for the thursday night get together
(04:08 PM) GGriz: Dave?
(04:09 PM) dave_b_quick: oh, OK, what should it say?
(04:09 PM) Buffy_04364: thursday at 4:30 or 4:15
(04:09 PM) Buffy_04364: which is it guys
(04:10 PM) dave_b_quick: OK, what shall we call it?
(04:10 PM) dave_b_quick: you guys musta talked about that while I was away
(04:11 PM) ppusa: Hey Orp, reasonably good day but we all should of held for the higher high once we broke the congestion.
(04:11 PM) elly_34: what time zone Buffy?
(04:11 PM) elly_34: est?
(04:11 PM) Buffy_04364: well, it is going to be on pyra this time I guess
(04:11 PM) Buffy_04364: we talked about it last friday Dave
(04:11 PM) Buffy_04364: same time as we set up this morning
(04:11 PM) Buffy_04364: one for the EST guys and one for the PST guys
(04:11 PM) Buffy_04364: was our thinking I believe
(04:11 PM) dave_b_quick: OK, I musta been asleep
(04:12 PM) Buffy_04364: yes est elly
(04:12 PM) elly_34: ty
(04:12 PM) dave_b_quick: did you get the book today, buffy?
(04:13 PM) Buffy_04364: or play safe and get in again ppusa
(04:13 PM) Buffy_04364: not yet
(04:13 PM) ppusa: ?
(04:13 PM) Buffy_04364: for the higher highh you were talking about
(04:13 PM) ppusa: No, I watched it
(04:14 PM) ppusa: we hit 33 my order was 32
(04:14 PM) beanman_1: Dave, I willl cut a few pages from the pyra book with examples and what I learned at the seminar for Thurs
(04:14 PM) Buffy_04364: oh ok ppusa
(04:14 PM) Buffy_04364: I remember you saying that now
(04:14 PM) Buffy_04364: we all will appreciate that beanman
(04:14 PM) dave_b_quick: Great, you got my e-mail, right beanman?
(04:14 PM) ppusa: i have found the 5 point pnf corrects a lot more than the 6. I saw the hour low and knew I was cooked, but froze.
(04:15 PM) dave_b_quick: we should probably start an e-mail list for people who want to be notified of stuff like this
(04:15 PM) Buffy_04364: deer in the headlight syndrome we call it
(04:15 PM) Buffy_04364: great idea dave
(04:15 PM) ppusa: I think today's high was big shorting op, but there will be others
(04:15 PM) Buffy_04364: there always is
(04:15 PM) Buffy_04364: gee sun just blasted out
(04:16 PM) Buffy_04364: should go find the rainbow
(04:16 PM) Buffy_04364: TL on 3min no longer in tact
(04:17 PM) ppusa: if we break today's low, should confirm resumption of down trend.
(04:17 PM) Buffy_04364: yes it would
(04:17 PM) Buffy_04364: for sure
(04:17 PM) ppusa: See ya all tomorrow.
(04:17 PM) Orprepus: agree
(04:17 PM) elly_34: is there a place for email address on dacharts_dachart_dacharts_dachart?
(04:18 PM) Buffy_04364: not yet  :-)
(04:18 PM) Orprepus: yes see yall tomorrow but not at 5:30 - maybe 6:15
(04:18 PM) Buffy_04364: ok Orprepus
(04:18 PM) Orprepus: see ya ppusa
(04:18 PM) Buffy_04364: I don't know of any interruptions tomorrow but then I didn't today either
(04:18 PM) Buffy_04364: :-)
(04:19 PM) Buffy_04364: have a good evening
(04:19 PM) elly_34: gnite all see u tomorrow
(04:19 PM) rs_5: take care buffy and all
(04:19 PM) rs_5: have a nice evening all :)
(04:19 PM) dave_b_quick: good night
(04:20 PM) Buffy_04364: night all
(04:20 PM) dave_b_quick: I posted the bulletin about the PyraPoint discussion 
(04:20 PM) Buffy_04364: everyone take care
(04:20 PM) Buffy_04364: thanks dave
(04:20 PM) Buffy_04364: see you all tomorrow
(04:20 PM) dave_b_quick: thank you buffy
Paltalk: Please support our sponsors by clicking on banners.
(04:27 PM) scott_7_1: hi rom
(04:29 PM) dave_b_quick: just squeaked by with BE today
(04:29 PM) dave_b_quick: my mic cut out on me
(04:30 PM) dave_b_quick: i can hear you tho
(04:30 PM) dave_b_quick: tomorrow's another day
(04:30 PM) dave_b_quick: you still running the "bandtraders" room?
(04:30 PM) dave_b_quick: great!
(04:31 PM) dave_b_quick: Great! Nice trading
(04:32 PM) dave_b_quick: hard to do 2 things at once
(04:32 PM) dave_b_quick: 13 and 15 pretty close
(04:33 PM) dave_b_quick: ya
(04:33 PM) dave_b_quick: thanks for stopping by
(04:34 PM) dave_b_quick: Look forward to trading with you
(04:34 PM) GGriz: Dave ?
(04:35 PM) dave_b_quick: ya
(04:36 PM) GGriz: is it possible to do private text chat without exiting room?
(04:37 PM) dave_b_quick: ya, only private voice chat closes the room
(04:37 PM) dave_b_quick: i posted the instructions you need at the top of the posting instructions page 
(04:37 PM) dave_b_quick: at dacharts_dachart_dacharts_dachart.com
(04:38 PM) GGriz: tnx,