Each evening members of the Live Trading Room recieve a more detailed version of the nightly swingtrade letter. It includes the specific entry points of the trades given for free, plus an expanded list of stocks of interest. In addition to AMGN LTR members were alerted to shorting opportunities in MSFT, SPY, ERTS, ALL, EMR, WY and SAFC, all of which have resulted in nice profits today. AMGN setup as a short when it traded under $62.15. It has since traded as low 59.96 and is now trading at 60.66. Due to the very large move I would not look to hold the remaining shares of this overnight. Congrats on another nice trade. So far we have had Only big winners in the swingtrade letter. Obviously this run cant last forever, but every single trade has been amazingly profitable so far. For a free trial to our LTR visit our homepage at http://www.tradingfrommainstreet.com Brandon
congratulations to everyone who has been trading the swingtrades the last week since I started posting them. They have done very well and you likely have as well. I did not get much time to scan this evening due to Internet problems but a few things look nice as Oops buys to me including SPY, KLAC, GSPN and HOTT. I will try to post a few more things in the morning. Brandon
[09:59] <brandon> 09:59:00 STOCK DAY TRADE UPDATE: KLAC look to get out in here with a small loss. OUr trend is broken. trading 39.59
[10:39] <brandon> AKAM is still looking nice if it can break above that 3.26 [10:39] <brandon> it has continued to hold up very well
Tradingfrommainstreet.com will be providing Elitetrader members with a FREE 6 to 8 hour online short term trading seminar on Saturday May 31st. We have lined up an exciting list of speakrs with topics that include: Speaker: Toni Hansen, President of TRADINGFROMMAINSTREET.COM Topic: An Intro To Trends Speaker: Toni Hansen, President of TRADINGFROMMAINSTREET.COM Topic: Profiting from Trend Reversal Setups. Speaker: Brandon Fredrickson, CEO of TRADINGFROMMAINSTREET.COM Topic: Risk Managment. Speaker: Jeff Semmell, President of TRADINGSCANS.COM, a TFMS affiliate company. Topic: Profiting from Extremes in Crowd Psychology, Ooops Trading. Speaker: Brandon Fredrickson, CEO of TRADINGFROMMAINSTREET.COM Topic: Breaking Out of The Breakeven Trader Log Jam and Into Profitability Speaker: Ron Loftus, Mentor at TRADINGFROMMAINSTREET.COM Topic: Sharpening Your Profittaking Skills Speaker: Brandon Fredrickson, CEO of TRADINGFROMMAINSTREET.COM Topic: Effective Swingtrading and Nightly Scanning. This is not like other FREE seminars you may have attended in the past. You know the kind where you show up, get 15-20 minutes of free information and then a 3 hour sales pitch for the service they are really pitching. First, it is online, so you can attend directly from your computer in the EliteTrader.com Chatroom. Second, it is NOT filled with hype and sales pitches. In fact, speakers are specifically asked NOT to push any products or services, only to provide hard hitting trading information. The seminar kicks off at Noon Eastern, Saturday May 31st. Hope to see you all there, Brandon
[11:14] <moshe> 11:14:48 STOCK SCALP TRADE UPDATE: AKAM look to take off about 1/4 in here. [11:14] <moshe> trading 3.32 PS, Moshe is my alter ego in the chatroom.
[11:16] <brandon> 11:16:01 STOCK SCALP TRADE UPDATE: AKAM look to take off half of what you have left in here. Trading 3.36 [11:16] <brandon> 11:16:19 STOCK SCALP TRADE UPDATE: AKAM bring stops to b/e on the rest, will look to hold it as a possible swingtrade
[11:19] <brandon> 11:19:59 STOCK SCALP TRADE UPDATE: AKAM looking for 3.50 area on the rest, be that as a daytrade or a swing.