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1 Fluidity Trader Chat Room w/cynthia E. - Week of December 2, 2012: Announcements this week: December 3, 2012 **** Announcement ****** 2 New Items in Hot Topics **** **** December 4, 2012 **** Announcement ****** Understanding Fluidity Trading **** **** December 7, 2012 **** Announcement ****** Cyn Out Today at Vet **** **** ***** December 7, 2012 **** Announcement ****** ES Volumes Page Automation Update **** **** Each of these announcements can be found on the first page of the Daily Chat Roll file in this weekly report. All of these announcements have also been added to the specific Weekly Chat Roll file located on the calendar found on the Chat Roll page [see Chat Roll Tab on the bottom of the Fluidity Trader web site Home page]. On the Chat Roll calendar, go to the highlighted Weekly date mark for Oct. 7, This specific Weekly date mark of Oct. 7, 2012 will be the placeholder for all important Fluidity Trader Announcements. Future Announcements will be added to this Oct. 7, 2012 Weekly File. So, be sure to check it out. The Weekly Chat Roll File: This Weekly Chat Roll File layout runs from each Monday through Friday (except for market holidays) and covers a whole week s worth of Trading Days. Instead of having up to 250 Daily files each year, this will cut it back to 52 Weekly files. The weekly Chat Roll file will be available each week after Friday s close of regular hours trading. To quickly get to a particular day s Chat Roll, scroll to the page # (listed below on this page). Day Date Page Begin Page End Comment Monday Tuesday Wednesday Thursday Friday See Chart on Next page: 1

2 Fluidity Trader Chat Room w/cynthia E. - Monday, December 3, 2012: Page Begin Page End Monday December 3, 2012 **** Announcement ****** 2 New Items in Hot Topics **** **** There are 2 new Items in Hot Topics - Market Psychology, and 1 old, but reminder of new article in Hot Topics - Trade Lessons for Study. And be sure you catch this month s "vision" with the new slides on the Big slide show on the Home Page. The big pictures appear on the Home Page to the left of the DOW, NASDAQ, SPX charts. End of **** Announcement ****** 2 New Items in Hot Topics **** ***** End 7:30 *** Hello Fluidity Team Traders Welcome! *** 7:30 *** DAILY TRADE TIP*** "Take the time it takes, so it takes less time!" ~ Pat Parelli 7:44 kendawg23: wow 6 people whats up y'all 7:45 kendawg23: new highs 7:45 kendawg23: crazy 7:51 blank: more new highs 7:59 Mark99: Dollar dropping 8:39 Eminiess: Good morning 8:57 Deb: Good Morning 9:01 mktpower: Good Morning all 9:02 YO: yo yo yo HAPPY monday all 9:02 Carol: good morning traders 9:05 otto1939: gm all traders 9:06 Server off-line 09:06:54 Please wait. 9:07 Server on-line 09:07:12 9:08 Cynthia E: Good Monday Morning! TGIM! :) 9:08 ctp: GM Cyn 9:08 Eminiess: morning 9:08 otto1939: gm Cynthia 9:08 Carol: GM CYN 9:09 Cynthia E: We have some early risers in this group. 9:09 NPR: Good Morning All 9:09 Birdy: gm everyone 9:09 allyn: Howdy Cyn and all:) 9:09 mktpower: Good Morning Cyn 9:10 DJR: GM Cyn 2

3 9:10 Cynthia E: As you all have seen the overnight took us up to the next important stack level at (important because it was the left shoulder high of our large H&S pattern that broke down a few weeks ago to create the sell off we are now rebounding from. 9:12 Al: Good morning from Japan! Its 11:11 PM here, so can only stay on for a short time. 9:12 Eminiess: Japan...wow 9:12 Cynthia E: Wow! Cool Al Good Late Evening! 9:12 allyn: GM Al 9:12 NPR: Cool AI 9:12 Al: Over here for this week on business 9:12 Carol: Good morning Japan 9:13 allyn: Mainland? 9:13 NPR: AI while u are there can u ensure the japanese continue to print a lot of money 9:13 Al: Yes allyn, in Kyoto. 9:13 allyn: Nice 9:13 otto1939: wow 9:13 Al: Now worries about that NPR, even with the election later this month, I don't think they're going to change policies anytime soon. 9:14 allyn: Have a nice Kobe steak for me!! 9:14 Cynthia E: 9:14 NPR: thats what my japanes / AUS position is hoping for 3

4 9:14 kendawg23: GM CYN 9:14 Al: Man, its still expensive, as the yen has really gotten stronger, with the US's dollar policy 9:15 otto1939: ohiogosama 9:15 Cynthia E: We have 5 important levels to watch as things progress this morning , / , because of the very prominent POC from Friday, 1410 because of the poor low from Friday, and :15 NPR: Japan is one of the more expenseive countries to travel too...havent made it there yet 9:15 Al: ohiogoziemas otto-san 9:16 otto1939: sorry, dont know how to spell 9:16 Cynthia E: We almost have a "spike" set up in the overnights (spikes don't really count in overnight activity, but the pattern is so clear it is probably playable). 9:17 mktpower: Not very important but a question. My histogram colors are different than yours. Is that something I need to correct? 9:17 mktpower: I mean the letters are different colors. 9:17 allyn: Al I lived in Okinawa back in the middle 70's and yen per $ amazing huh?? 9:18 Cynthia E: Price above 1424 means auction still has room higher - price between 1424 and means the auction is still in balance, below makes the spike excess - selling tail. 9:18 blank: CYN I hear some talk about target's for the high /2 also do you think no is more important then the other, and why. They are close I know.. Just interested to hear what you have to say about it.. 9:18 blank: /6 high 9:18 Al: Wow Allyn, I only knew when the yen was about 100 to 110 to the dollar! 9:19 okietrader: Cyn, do have a rule for playing spikes? 9:19 Cynthia E: Yes Mktpower - reloading the templates as stated in the video # 16 should fix the problem but it is important that they match - because they are supposed to match the colors on your tick charts. 9:19 Cynthia E: IT is above okie - those are the spike rules. 9:19 Cynthia E: there aren't specifics as to entries - just what the auction is doing 9:19 okietrader: thx 9:19 Eminiess: Today the fund mangers will be busy, last month to make the clients money for :20 lima: Gm all 9:20 Cynthia E: blank is the 11/2 high, the is an overnight high - the pit session high always gets more importance. 9:21 blank: true 9:23 NPR: Going back to the last 30 minutes of trading on Friday (which was rebalancing - end of month), I looked at the price pattern for each of the last 4 monthly closes and its very similar...first a significant move up followed by a significant sell off...worth keeping on mind for next month 9:23 Cynthia E: 4

5 9:23 Cynthia E: Here is the 14400, week at a glance so you can see trend action for last week as we head into this Mon morning. 9:24 Cynthia E: Nice NPR - thanks for sharing 9:25 Cynthia E: 5

6 9:26 Cynthia E: The 3600 is opening very extended here and the ideal would be to see price come in and now test the 1418/1417 level as support and hold for a bounce - but we may just turn and head for new highs without the retest. 9:27 Cynthia E: We are coming into the open with an overnight balance range of 1422 and :29 bru17: gm folks 9:30 Cynthia E: Layla 9:30 PJ: Happy Monday Morning 9:30 kendawg23: and there they go 9:31 Vance: Good Morning. 9:31 kendawg23: hey CYN is there a mobile app yet? 9:31 Cynthia E: no kendawg 9:32 Cynthia E: It is in talks, but not a reality yet ;) 9:32 Cynthia E: Good Morning Vance - good to see you this morning. 9:32 Vance: Thanks 9:32 kendawg23: ok thanks 9:32 RMFJ: pretty quick rebound there... 9:33 TnHill_Billy: GM Y'all 9:33 bru17: tenn 9:34 TnHill_Billy: hey bru 9:35 Tombo: tf dropping 9:35 kendawg23: GM y'all 9:35 Cynthia E: Very tight range IB so far 9:36 Cynthia E: within that opening balance area. 9:37 RMFJ: you'd think there will be an opportunity for entry w/price test to 20ma level coinciding around level 9:38 Cynthia E: Yes RMFJ - if we get the bounce there it will match the 3600 posted above :) nice catch 9:39 allyn: :39 allyn: ref: ST 9:40 RMFJ: Volume still looks pretty weak today 9:40 Cynthia E: You all can hit the back button to get back to your chart ;) 9:40 RMFJ:? 9:40 Cynthia E: Yes - it is pacing lower so far in this first half 9:42 Cynthia E: Definitely not a high confidence open here - balanced indecision 9:43 Cynthia E: So Okie - if you look back at the spike rules I typed up - I said between 1424 and we'd be balance and the auction would still be in progress - do you see what I mean now? 9:46 Tombo: tf at onl 9:46 Mark_C: news in 15 min 9:46 RMFJ: nice bounce off 20am 9:46 RMFJ: ma 9:47 Hawk: Cyn, I missed yhat ut are you talking about the spike on the Histogram from friday? 9:47 Hawk: that but are 9:47 Cynthia E: Very organized and consolidated open - OPEN AUCTION style open. 9:47 okietrader: yes, Cyn, thx 9:47 PJ: I'm having problems with chat this morning. It won't refresh members list or chat. 9:48 Cynthia E: Hawk - right click on the text here on chat and Refresh Transcript - it will pull up all the morning notes. 9:48 Hawk: ok thnx 9:48 Cynthia E: PJ - have you closed and rebooted it? 9:49 PJ: I've closed chat, not my entire system 9:49 RMFJ: /1418 looks like a very nice long entry assuming we hold after ISM & Construction #s come out 9:49 NPR: I typically have to close down my entire system at a time like this PJ 9:49 Cynthia E: You might try your whole system - that is weird - I do not know why it would be doing that. 9:49 PJ: thanks NPR and Cyn, I'll try that 9:50 NPR: somehthing to do with windows updates based on my limited knowledge 9:50 Cynthia E: Oh! That's good to know NPR 9:51 Cynthia E: I'm terrible at keeping my done. 9:51 Cynthia E: I don't let them run automatically - on purpose 9:51 RMFJ: 1418 coming up 6

7 9:52 NPR: thats what I try and do as well, Cyn 9:52 Cynthia E: So what we want to see here is a nice bounce off the critical line with indicator confirmation. 9:52 traderken: spy 9:52 Cynthia E: as shown above in the 3600 chart 9:52 NPR: news coming in 9 minutes 9:52 NPR: news coming in 9 minutes 9:53 allyn: thks 9:53 Cynthia E: Our Moving averages are still headed up and the LT STO is still in the bullish zone 9:54 Cynthia E: Here at we are at the spike support from the overnight activity 9:55 Cynthia E: Volume has picked up just slightly over Friday but is still behind last week's average 9:56 RMFJ: pretty good bouncing thus far off level 9:57 Cynthia E: Data out in 3 min 9:59 Cynthia E: Funny how the market will stall and trade in a 50 cent range waiting on "new news" 10:00 RMFJ: wow 10:00 Cynthia E: no doubt 10:00 RMFJ: and that's why I didn't go long prior to the news! 10:00 ctp: What was that news? 10:00 ctp: CNN is talking about Lebron James 10:01 allyn: losest ism since july 09 10:01 kendawg23: het no swaering in here LBJ is a bad word in the Cleveland area 10:01 Cynthia E: Econ Data: ISM Mfg and Construction Spending 10:01 allyn: lowest 10:01 kendawg23: HEY 10:01 RMFJ: Cyn... what do you make of that bottoming tail? 10:01 Cynthia E: Yes still watching it RMFJ - 10:02 Cynthia E: You can't call it a bottoming tail until the candle closes - because it may no longer be a tail once that occurs 10:03 RMFJ: ISM fell to 49.5% in Nov 10:03 Cynthia E: Strong one-time frame pattern building now on the histrogram - with C period 10:04 Cynthia E: See Chart on Next Page: 7

8 10:05 allyn: touch on VAH 10:05 kendawg23: again bounces along the 200 on the :05 RMFJ: is roughly 61.8% fib retrace from Friday lows to ONH 10:06 Cynthia E: we would now like to see a test of 1418 ish as resistance to cycle the indicators and set up the short 10:07 Cynthia E: beautiful 10:10 bru17: ok 10:11 Cynthia E: Now we just need patience to see if we hold resistance here or not 10:11 RMFJ: failing at critical thus far 10:11 Cynthia E: yes 10:11 Eminiess: ISM worse # in 3 yrs 10:12 RMFJ: Sandy... 8

9 10:12 RMFJ: well and Europe still royally sucks 10:12 RMFJ: :) 10:13 john boy: how was first half volumn 10:13 Cynthia E: Higher than Friday - but below the week average 10:13 RMFJ: hmmm bulls trying to push here... 10:13 Cynthia E: = still low on a relative basis 10:14 john boy: thanks, I forgot to hit refresh! 10:14 john boy: so many details and so little memory 10:15 Cynthia E: :) 10:15 RMFJ: we bounced very nicely off trendline support on 3600 at :15 RMFJ: from 1383 lows 10:15 mktpower: is also a floor pivot 10:15 Cynthia E: thanks RMFJ 10:16 RMFJ: ergo turning up and st sto trying to break above zero too 10:16 Cynthia E: Now you get to count your bottoming tail RMFJ on the 15 min 10:16 RMFJ: :) 10:17 RMFJ: I like to predict things before there's any confirmation of them happening! 10:17 RMFJ: lol 10:17 Cynthia E: lol 10:17 mktpower: looks like right should formation on 3600 and :18 mktpower: shoulder 10:18 Cynthia E: Do not forget that this test in the range of to is also the 61.8% level of our current retracement so the break either direction could be dramatic 10:18 Cynthia E: On the DAILY I am speaking. 10:18 RMFJ: got to break :19 Cynthia E: 10:23 Cynthia E: Interesting that pace moved so quickly on the number release and has come right back to center both on price and speed. 9

10 10:23 Cynthia E: that tells you that was more of an emotional knee jerk reaction as opposed to direction conviction 10:23 Cynthia E: *directional 10:26 RMFJ: today seems like its shaping up to be a repeat of last week's snooze fest 10:27 RMFJ:...slowly marching up the $SPX though each day, 2-3 pts 10:27 Cynthia E: short signal setting up 10:27 RMFJ: that trendline support from 1383 levels Cyn still around :28 Cynthia E: thx 10:29 Cynthia E: We need price confirmation below and a cross of the ERG over the signal line 10:31 mktpower: when you say price confirmation, do you mean close below 16.50? 10:32 Deller: Yes, and why and not 14.75? 10:32 Cynthia E: just a solid move that doesn't get taken back immediately with responsive action 10:32 Cynthia E: because it is the short term current balance low 10:32 Deller: ah, ok 10:32 mktpower: ok thank you 10:33 NPR: mktpower- where do u get the floor pivot #'s from? thanks 10:34 mktpower: 15 min chart 10:34 mktpower: ensign 10:34 Cynthia E: SHORT SCOUT :34 NPR: ok 10:34 Cynthia E: base hit target to 1413 above the POC level 10:34 kendawg23: l 10:35 Cynthia E: Watching WMA at 1417 as mental stop area 10:35 lendar79: im glad u could join me:))) 10:35 kendawg23: L79 where r u short from? me at9:53 10:35 Cynthia E: Clearly we need new LOD here 10:35 Al: shorted at :36 lendar79: before numbers came out I had 2 orders ready one to the upside on the the down side 10:36 kendawg23: nice I just had the downside lost 3 p earlier on the up 10:37 Cynthia E: nice Lendar 10:37 lendar79: flat :37 kendawg23: 1 tick below CYN scarey 10:42 Cynthia E: Still watching the WMA here as well as the long term MA as resistance. 10:43 RMFJ: having trouble definitively punching below that 3600 trendline imho 10:43 RMFJ: need to break :43 lendar79: I dont think we will get inside the value area with those anemic internals 10:44 Al: flat, no gain, no loss, except for commission. Going to sleep now 10:44 allyn: Rest well Al :) 10:44 RMFJ: lol goodnight Al 10:45 Carol: Good night Al 10:45 Cynthia E: one time framing still intact on histogram and each half on trending down on slightly higher volume 10:45 NPR: Nite AI 10:45 Cynthia E: GN Al - 10:45 Cynthia E: all internals breaking below zero 10:45 kendawg23: come to butt head 10:45 allyn: hole in Histogram Cyn? 10:45 mktpower: Good night Al 10:45 Cynthia E: yes allyn 10:46 Cynthia E: but the 14 TPO POC should have magnetic "draw" 10:46 lendar79: fine short order 10:46 allyn: roger 10:46 mktpower: do you mean that 1412 poc from fri 10:46 kendawg23: come on honey 10:46 Cynthia E: yes mktpower :47 RMFJ: can someone remind me what red dots mean on the st sto? 10:47 Cynthia E: all 14 TPOs are on the line - that is the max possible 10

11 10:47 Cynthia E: below 20 10:47 RMFJ: ahhh yeah thats right! 10:47 Vance: Is that a good thing?... ha 10:48 kendawg23: Hey come on down here you sexy thing 10:48 Cynthia E: Yes Vance - we want to see the blue STO printing white dots below the green line or above the rend line and the Purple STO printing either green dots above the red line or red dots below the green line. 10:49 Vance: Thx... 10:50 ctp: 3 candles same sized bodies on :50 lendar79: cyn e r u buzy? 10:50 Cynthia E: Moving hard stop to 17 based on 2nd attempt and failure to break below :50 Cynthia E: can even be moved to now 10:51 drva777: right around vah too 10:51 Cynthia E: lendar? 10:52 kendawg23: Hey Jack come on down (in my best Uncle Si voice) 10:52 RMFJ: love duck dynasty 10:52 kendawg23: you cant spell strike without Si 10:53 lendar79: if we close below 61.8% fib ret on spx spy and /es daily what would be the next target to the down side? 10:53 kendawg23: jack 10:53 Vance: I like Si - RMFJ...he is a can-do kinda guy 10:54 lendar79: 1468 as a high and as a low 10:54 kendawg23: ;) 10:54 kendawg23: hey hay 10:54 mrandersen10: nice! 10:54 Eminiess: areas to watch are and :54 Cynthia E: FILLED + 3 OUT ENZO :54 lendar79: sort again:) 10:54 mktpower: flat :55 Hawk: Out 3 pts gotta run 10:55 mktpower: Yeah, my first live trade!! 10:55 Eminiess: mkt!!! 10:55 mrandersen10: congrats mkt! 10:55 john boy: good mkt 10:55 Cynthia E: Congrats Hawk! Have a great day! 10:55 Hawk: nice mktpower 10:55 kendawg23: out points 10:55 Carol: great mkt 10:55 Cynthia E: Whoo Hoo! Mktpower - excellent job! Congrats 10:55 mktpower: Thank you Thank you, my heart is beating a little faster and my ears are ringing like crazy! 10:55 Cynthia E: NICE Kendawg! ^5 10:55 Carol: ^5 dawg 10:56 Cynthia E: lol mkt 10:56 kendawg23: great trade y'all 10:56 john boy: ^3 everyone that got some 10:56 Cynthia E: Nice patience everyone - wait for the set up, pull the trigger - give it time to let it work 10:56 Cynthia E: Now Vance - if that was the only one you did today you'd be x3 :) 10:57 kendawg23: well the dang weather is still golfy so back to work in Northeast Ohio in December we have 50 golfers today WTF? 10:57 Vance: I'm :57 mktpower: If you only knew, I sit next to my husband that trades completely different than me. He is sitting there saying I would get out of that trade, but, I stuck with our method, had confidence and fortitude! 10:57 Vance: Nice move... 10:57 Cynthia E: Nice Vance - well done 10:57 kendawg23: made my -3 back for a +2 day Adios Barts's 10:57 Eminiess: Clapping from the stands! 10:57 kendawg23: thx CYN Much Love 11

12 10:58 Cynthia E: kendawg - been 70 degrees here - been horse training in tank tops in DEC - that is weird here. 10:58 Cynthia E: yw Kendawg 10:58 Eminiess: What does this sound like when read? Cin 10:59 john boy: please send pictures of horses in tank tops 10:59 Cynthia E: Fantastic job Mktpower! Now that is HARD - to sit live and have someone else tell you something different. Way to stick with the game plan 10:59 otto1939: it's raining here --- for a week now 10:59 Cynthia E: Cin 10:59 RMFJ: otto send some of the rain down to TX 10:59 Cynthia E: Does it say "Cin" rather than Sign Eminies? 10:59 otto1939: it will come --- just plan on painting something outside 10:59 Cynthia E: yes pls otto - we'll take some rain here too 10:59 Eminiess: I didn't hear it! did anyone? 11:00 Eminiess: Cin 11:00 Cynthia E: cin cin cin cin or cyn cyn cyn cyn 11:00 Eminiess: It does! 11:00 Vance: Obviously, Cyn, I was trading on different indicators, and your performance was better than mine. So, I'm looking forward to getting all the tools in a few days. 11:00 Vance: Ha 11:00 Eminiess: Can we use Cin? 11:00 Cynthia E: :) 11:00 mktpower: Very very difficult. Instead of that little voice that sits on our shoulder tugging at our emotions, I have two voices. 11:00 Cynthia E: And - you'll know what they are and how to use them rather than having it hidden - THAT is far more important than the performance 11:01 Cynthia E: it gives you control of your business 11:01 Vance: YEEEESSSSSSS! 11:01 otto1939: very true 11:01 Vance: That's what I've been looking for...thx. 11:01 Cynthia E: np - that is our motto here! ;) 11:02 Cynthia E: and everyone is very helpful - so as you start doing homework - don't be afraid to ask qestions. 11:02 Cynthia E: *questions 11:02 mktpower: I really really like the Ensign software and the price histogram. 11:02 Cynthia E: :) 11:02 Vance: Oh... I will have a billion q's. 11:03 ctp: What's your target Lendar? 1407? 11:03 mktpower: I am happy with the 2.75 pts today, it isn't wrong to want to go to my sim account now is it? 11:03 Cynthia E: Super! Being actively involved is the BEST way to expedite your learning. 11:03 Cynthia E: ** Morning Annoucement ** 11:04 lendar79: I dont know yet:) but my stop is :04 Cynthia E: ** There are 2 new Items in Hot Topics - Market Psychology, and 1 old, but reminder article in Hot Topics - Trade Lessons for Study. 11:04 Vance: Nice. 11:05 Cynthia E: And be sure you catch this months "vision" with the new slides on the Big slide show on the Home Page. 11:06 Cynthia E: No Mktpower - not at all. 11:06 Vance: The big slide show? 11:06 Cynthia E: Just the big pictures that appear on the home page to the left of the DOW, NASDAQ, SPX charts 11:07 Vance: Oh, got it :) 11:08 Cynthia E: yes they change every 2 mins (slide show) 11:08 Vance: Got it. 11:11 Cynthia E: The path on the histogram is still one time framing and each half still on higher volume. 11:12 ctp: hole to fill at :13 ctp: Friday's VAH :14 Cynthia E: 12

13 See Chart on Next Page: 11:19 Vance: Well, gang, I have to drive to Phoenix now. Have a nice day, and thanks for your hospitality. 11:19 Cynthia E: To raise the bar - it is my job to do homework also. In that spirit I re-studied much of the printed notes I have from Dalton and reread a good bit of Markets in Profile over the weekend. 11:19 Cynthia E: Have a GREAT day Vance 11:19 Vance: Thanks 11:19 mktpower: Be safe Vance and have a great day. 11:20 allyn: CU Vance 11:21 Carol: bye Vance 11:21 Cynthia E: In my study I had some break through realizations on the trade application of the histogram and created a new histogram chart. It will require a month or so of testing before I can be assured of it's validity (much the same way the WMA required before I added it to your toolbox). 11:23 Cynthia E: I tell you this not to tease you with new strength in our approach, but to tell you that once I have this validated I will start aggressively teaching on it because of it's imporance and it will be important for you all to have the fundamentals down. So, I'm recommending again the 3 books on the Education page - Training the Trader on the market profile topic. 11:23 Cynthia E: Those that haven't read the books will likely not understand the depth and scope of the lessons I'll be teaching. 11:23 ctp: Cyn, possible short setup again on 3600? 13

14 11:24 Cynthia E: So I'm announcing this in plenty of time to allow you study time. 11:24 mktpower: Cyn, on that last trade, you waited for the candle to close below then you entered a limit order at ? I just want to clarify how you actually entered that trade so I know exactly how I should be entering. The candle closed at Then you set the limit order for assuming a bit of retracement? 11:24 PJ: Thanks Cyn, will continue to study. That sounds exciting! 11:24 Cynthia E: ctp - yes but must break first 11:25 Cynthia E: Yes mktpower - because the market was trading slow enough for me to get a fill - in a fast market I would have likely just hit market order short. 11:26 Cynthia E: Also - one last note on the new histogram info, unfornately the new "Cyn version" of the histogram chart is not a normal use of histogram charting and it will only be available on Ensign. It is my own creative use of the way histogram can create market data. 11:26 mktpower: ok thanks. I am trying to get all of your rules for the entries. I am always a little unsure as to how to enter. mkt order, wait for retracement after confirmation of break etc. 11:27 Cynthia E: yep - it's the last piece of the puzzle mktpower - it just takes time to get the feel of it. 11:28 mktpower: The three books you want us to read are all of the market profile books? 11:29 otto1939: something else: at the end of the week I had to decide what to do with my profit: this is what I do: 1/3 to grow the account, 1/3 take out in cash, 1/3 income tax reserve 11:29 Cynthia E: The reason the new histogram will add value is because it is a way for us to dramatically improve WIN/LOSS ratio. - We already have good Risk/Reward managment - an improvement in WIn/Loss will dramatically improve our bottom line. 11:29 Cynthia E: Nice otto. That is a great plan. 11:29 mktpower: Ya Hoo!! I am all for that! 11:29 Cynthia E: Yes mktpower 11:30 Carol: Otto-good problem to have 11:30 Eminiess: Sounds interesting Cin 11:30 otto1939: Carol: still needs thought 11:30 Carol: Yep 11:31 Cynthia E: do you see what I mean CTP about 12.25? - it is holding for now 11:32 ctp: yes 11:33 ctp: It seems to enact some pretty quick buying each time it gets down there 11:33 Cynthia E: yes indeed 11:33 Cynthia E: very responsive level 11:35 mktpower: The books that you recommend reading. Is your suggestion to read 1 completely and move to Dalton 11:35 ctp: Friday's close at might provide some resistance. It's also the level of the LT MA on the :35 Cynthia E: Yes - read Keppler's - then the yellow Dalton, then the red Dalton 11:36 lendar79: flat :36 lendar79: lunch time 4pt 11:36 ctp: nice 11:36 lendar79: good luck everybody:0 11:36 Cynthia E: nice Lendar - well done 11:39 Cynthia E: Heading into lunch we may likely be seeing the beginning of a 'b' shape day. 11:40 Cynthia E: F period has created a lower low - below the E period - but broke the lower high pattern and created a higher high - breaking the continuous one-time frame pattern 11:40 mktpower: So the b pattern would be involving balancing and chop 11:41 Cynthia E: See Chart on Next Page: 14

15 11:43 Cynthia E: Yes - exactly mktpower - the area I circled here is starting to consolidate or balance - the extension is slowing - so we could form a bell curve here over time - thus at this time the two potential options for our end of day pattern are Normal Day - 'b' shape which would equal long liquidating (old selling, rather than new selling) - or we could still have a double distribution trend day down - IF we consolidate here for a bit - extend below then consolidate a gain. 11:44 Cynthia E: so with that let's take our lunch break and see where we are when we come back for the afternoon. 11:44 Cynthia E: **Enjoy the break! LUNCH** 11:59 mktpower: This was a very nice first live day of trading. Thank you very much for being such a great teacher Cyn!! 13:04 lendar79: very nice:) 13:05 Carol: VL on TOS 13:06 lendar79: 3 pt for me 13:06 Carol: ^3 lendar 13:07 lendar79: ^5 13:07 Carol: need to have a key programmed for lendar congrats 13:08 lendar79: that was easy... cyn e would say text book example:) 13:10 Carol: did you short the top of consolidation on histogram? 13:10 mrandersen10: most didnt take it so u must be mocking us :/ 13:10 ctp: Yes, Lendar. +3 for me also 15

16 13:11 Carol: ^ctp 13:11 lendar79: we broke vah 13:11 mrandersen10: ^5 ctp! 13:11 lendar79: support becomes resistance easy 3 pt 13:11 lendar79: good job ctp:) 13:12 ctp: Thanks lendar, you too. I thought you might have missed it by being at Panera ;) 13:13 lendar79: look at my arrows I allways indicate my trades 13:14 ctp: I looked when I entered the trade and yours was still sideways... I never looked at it again until after I was out 13:19 Cynthia E: Alright! Good Afternoon 13:20 Cynthia E: Congrats to those that caught the "textbook" setup! ;) I picked up $2.50 while on a call with Josh at Infinity Futures! 13:20 ctp: Nice! 13:20 lendar79: good job:) 13:21 Cynthia E: Let me post the grade set up that Lendar was calling "textbook" 13:21 mrandersen10: nice cyn! 13:21 ctp: We just broke below the upward trendline that was mentioned earlier 13:22 mrandersen10: LT STO stayed down and ST reversed while ERG went pink crossing signal line 13:22 mrandersen10: all while critical line continues to trend lower and we broke thru VAH 13:23 Cynthia E: See Chart on Next Page: 16

17 13:23 Cynthia E: Perfect summary mrandersen! awesome job!!! 13:27 PJ: Cyn can you post your 15 min with Value Areas? 13:29 TnHill_Billy: not exactly text book on just my opinion :) 13:29 Cynthia E: I have pivots on 15 min - is that what you mean PJ? 13:29 Cynthia E: Yes TnHill will always be a bit more accurate 13:30 PJ: Yes, pleae 17

18 13:30 PJ: *please 13:30 ctp: That was one of the main reasons I switched to Ensign, Truehill 13:30 mrandersen10: im making the switch this week as well 13:30 Cynthia E: 13:31 Cynthia E: There you go PJ - 13:31 RMFJ: looks like I didn't miss much being out for 2 hours! 13:32 PJ: Thank you Cyn, mine is the same. Is the value area inside the H and L? 13:32 Cynthia E: Also - the TOOLBOX has been fully updated to include the partnership information - look at the "Parnership Deal" for the best pricing info. It will give you the new charting and not increase your overall trade costs at all - with the commission savings. 13:32 Cynthia E: No - Pivots have nothing to do with Value Area. Value is calculated by Histogram TPOs. 13:32 Cynthia E: yellow bracket = value area on histogram chart 13:32 ctp: Cyn, I struggle knowing when to let it run and when to get out with a base hit. I got out at 1412, but clearly the WMA rule would still have me in. 13:33 lendar79: cun e do u think its wave 2? 13:33 Will: Cyn Rergarding the books you referenced are they the two by Dalton and the one by Keppler? 13:33 PJ: Understood, thanks 13:33 Cynthia E: if they are equal - it is coincidence 13:33 Cynthia E: Yes Will - read Keppler's first 13:33 Will: thanks 13:34 Cynthia E: Nice continued breakdown here from the signal 13:34 Cynthia E: WMA trailing nicely - but I stepped out at 1412 again 13:34 Cynthia E: so I'm not in right now 13:34 allyn: I am still in using wma 13:35 allyn: tgt :35 lendar79: :35 Tombo: stack # pause 13:35 RMFJ: is 38.2% retrace from 1383 lows to 1424 hi's 13:35 Cynthia E: nice - watch 1410 allyn - see the first histogram posted this morning - not that you should bail out there but just watch for any aggressive bounce 13:36 lendar79: that was fast 13:36 allyn: roger thanks 13:36 Cynthia E: that stack is even now Tombo :) 18

19 13:36 RMFJ: 1407 stack? 13:36 lendar79: yes 13:36 Cynthia E: yes 13:36 ctp: Cyn, any comments on my question regarding exiting at 12? 13:39 Cynthia E: that is always a struggle CTP - best advice is look at histogram scenario - balance = base hits, elongation = let it run. The real answer though is the same as taking a break below the critical or waiting for the retest. Taking base hits = money in your pocket = risk missing out on further move, while letting it run = potentail for big take = risk it retraces and you lose the base hit. 13:39 allyn: breadth near lod 13:39 Cynthia E: My histogram work I was annoucing this morning - likely will give us a more concrete answer when I complete the research. 13:39 TnHill_Billy: flat :39 RMFJ: we're only 2:1 neg though... doesn't seem like we're due to fall much more drastically 13:39 ctp: Wow, and I thought you would have an easy answer for me! LOL 13:40 Carol: THB ^5 13:40 Queenie: THB great job 13:40 Cynthia E: I wish - that is literally the million dollar question CTP - the closer we come to having a solid answer on that the faster we'll all bank max bucks on every trade. 13:40 RMFJ: w/that 38.2% retrace level around :40 ctp: nict trade billy 13:40 Will: Cyn Keppler's is on the way. $57 including shipping. 13:41 TnHill_Billy: thank you 13:41 Cynthia E: Excellent Will - fantastic! It is a great foundation explanation. :) And a super easy read. 13:41 Cynthia E: ^ 5 TnHill - Congrats - Super job 13:41 TnHill_Billy: ty 13:42 bru17: nice job tenn 13:43 allyn: moved stop to = plus 2.25 pts if taken out 13:43 TnHill_Billy: :) 13:46 RMFJ: nice short allyn 13:46 allyn: ty 13:48 allyn: out 13:49 lendar79: cyn e doo u think we will start filling holes in the histogram? 13:49 Cynthia E: Now with our current structure we are set for a double distribution trend day 13:49 Cynthia E: yes lendar - or stay in the current range and balance lower a bit 13:50 Cynthia E: We have holes between and and and :54 lendar79: well isnt that a pickle... im still short:) 13:55 allyn: i'm out so it can go lower lendar 13:55 Birdy: Cyn, do you think you could trade just from the histogram and knowing key stack #'s? 13:55 allyn: :) 13:56 Cynthia E: There are definitely people that do that Birdy - I would say I'm not quite at a point where I know execution rules well enough relative to histogram to rely on it alone 13:56 Cynthia E: Dalton does it 13:56 Birdy: interesting concept 13:57 Cynthia E: yes, Dalton doesn't believe in tick charts or min charts at all!!! very adament about it also 13:57 Rhemabound: you sure are opening my eyes to the histogram Cyn -...I feel kinda like i'm seeing the market..for the first time. And it's been 7/8 years! 13:57 ctp: Does he make $$$ trading, or just selling books? 13:57 allyn: NIce 13:57 Cynthia E: *adamant 13:58 Cynthia E: trading CTP 13:58 Cynthia E: It is opening my eyes also Rhema - it is very important underhood info there is NO doubt 13:59 Rhemabound: true dat...wow 13:59 ctp: I knew the answer, just being facetious 14:00 Birdy: Tcik charts seem to help me determine the rythm, like watching trade ladder also. 14:00 Birdy: *tick 19

20 14:00 Cynthia E: Because the absolute most important factor to determining success (meaning continuation or reversal) of a market move is volume - and histogram shows us a 3 dimensional view of time, price, and VOLUME! 14:02 Cynthia E: By the way - with the failure to head higher this morning off the open - we are getting close to falling out of the current bear flag by time on the WEEKLY histogram 14:03 NPR: Cyn, can u please post a pic of that? thx 14:04 Cynthia E: working on it - Layer 3 NPR 14:04 Cynthia E: 14:04 Rhemabound: duh -...the 'volume' revelation... I've always watched volume - but not on a histogram.. 14:04 Cynthia E: It is equivalent to posting a pic of this bear flag on the DAILY chart - but here we get to see where the distributions are 14:04 Cynthia E: lol Rhema :) 14:06 Cynthia E: See Chart on Next Page: 20

21 14:07 Cynthia E: Here is the exact same channel as view by the DAILY - however the histogram Weekly- shows you were the WEEKLY balance area high lows are and where you'll hit resistance - where entries into balance areas create targets of the opposite side of the balance - etc... 14:07 ctp: Cyn, we are completing a larger (wider) H&S on the Layer 2 Daily than the one you had drawn on thee a month ago 14:07 Cynthia E: *where 14:07 ctp: *there, not thee 14:08 Cynthia E: GOOD Eyes - ctp - I recognized it on the WEEKLY on layer 2 about a week and a half ago - I was waiting until it builds out a bit further before starting to draw it in. 14:08 allyn: wma test 14:09 Cynthia E: It would be giant!!! With a neckline in the 1350 range - if it fills out - look out below that is a 118 pt target 14:10 ctp: :) :) :) :) = $$$$$ 14:11 Cynthia E: you want to see what's even more peculiar? 14:11 Cynthia E: where does that end up putting the target? 14:12 ctp: Excess low of 1369? 14:13 Cynthia E: It would actually target the same area we've been discussion for months around 1260 ish 14:13 Cynthia E: *discussing 14:13 Carol: heard that before 14:13 YO: 61.8% fib 14:13 Cynthia E: So - now we have multiple setups on several different time frames pointing at the same general price zone!!!! 14:14 Rhemabound: that is one mean looking daily candle for ES -...bulls need to step it up...or else...looks like 14:14 Cynthia E: Now it's not such a mystery how it is possible to create accurate forecasting 14:14 Rhemabound: (sorry Cyn...didn't mean to step on your airtime there...) 14:15 Cynthia E: Yep - would also mean failure of our Fib Rhema! 14:15 Cynthia E: DON'T APOLOGIZE!!! 14:15 Cynthia E: This isn't my air time- if you all aren't participating 1) one it just gets boring, 2) you aren't really learning :) 14:16 Rhemabound: lol - gotcha :) 21

22 14:19 Mark99: What is the wave count today? 14:19 Cynthia E: We have completed Wave 3 - any further let down will be a Wave 5 14:26 Rhemabound: last month open.. 14:26 Cynthia E: Lendar - we are trying to fill the holes 14:27 lendar79: I can see that:) 14:29 Cynthia E: also at present the VERY PROMINENT POC is the line in the sand - the last retracement held as resistance! 14:30 lendar79: my poc moved below fridays 14:30 lendar79: :30 lendar79:.5 14:34 lendar79: so u really thonk we will move up between and ? 14:35 Cynthia E: not if holds 14:37 lendar79: btw im a big fan of level this week so in the morning I bought some weekly spy 14:38 Deller: Cyn, I just got through reading over the "overtrading" section that you added. Very informative and helpful. Thank you! 14:38 Cynthia E: nice 14:38 ctp: Short setting up? 14:39 lendar79: im st 14:39 ctp: Target 1407? 14:39 otto1939: short :39 Cynthia E: YW - I'm glad it helped - it is review from an old I wrote a while back - but given the challenge many had Friday with the tight channel market - I wanted to get it posted. 14:39 bru17: iwas thinking 1393 to 1398 this week as well 14:39 lendar79: im stubborn like a donkey 14:39 ctp: Wow, Otto, you're losing Big TIme! LOL 14:39 Cynthia E: Mark - my apologies - I answered your question earlier incorrectly. 14:40 otto1939: out :40 Carol: yeah otto 14:40 Cynthia E: We have already had 5 waves - now we are extending into an abnormal pattern 14:41 Cynthia E: CONGRATS otto! 14:41 lendar79: poor low? can be easily broken? 14:41 Cynthia E: As you transition to live otto - make sure you have point range for base hits. 14:41 Cynthia E: Yes Lendar - 14:41 otto1939: thanks 14:42 Cynthia E: I'm not picking on you Otto - I just don't want you to run into squeezing your avg wins to small such that you can't get them to offset your avg losses :) 14:42 Mark99: I looked hard to come up with your count,,:) thanks for correcting 14:42 Cynthia E: I'm so sorry - my graph had moved back on me 14:42 ctp: Cyn, does this look like a good short? 14:42 otto1939: I hear you, Cynthia 14:42 ctp: for 3 pts? 14:43 Cynthia E: :) otto ;) 14:44 Cynthia E: I would say the pattern looks right ctp - but at this point after the move today, I would suspect it is a reach (a tough trade) 14:45 ctp: OK. I don't want to give anything back foolishly 14:45 Cynthia E: Yes - that is where I am ctp - I'm sitting on +$5.5 on the day - and I want to go home with it 14:46 lendar79: I found it very relaxing to play some angry birds waiting for the right set up to enter and exit...:) 14:51 Cynthia E: that's funny 14:51 Cynthia E: It's officially x-mas time here as there are holiday tunes on in the office for entertainment 14:52 ctp: I've been playing Christmas songs for the past couple of weeks 14:53 ctp: Gotta love Pandora! 14:53 NPR: Anyone playing AZO earnings which come out tomorrow? 14:53 Cynthia E: :) 14:53 NPR: tomorrow morning that is 14:53 Eminiess: BIG too yes? 22

23 14:56 lendar79: vertical put spread on azo 14:57 Carol: Cyn-I pulled out of the short this morning +1.5 because I find it difficult to start the week off with a loss. Am I reinforcing bad behaviors? 14:57 ctp: Have any of you looked at TLAB? They announced that they will be paying $1.00 dividend in 2 weeks 14:58 Eminiess: Good question Carol 14:58 ctp: Puts were around $.25 on Friday when I looked at it. It seems like it might be a good investment with cheap insurance for those of you interested in cheap stocks 15:00 Cynthia E: Unfortunately, yes Carol. Each trade has to stand independently regardless of day and regardless of where PnL stands. You have to trade the charts follow the indicators, the signals, and allow the trade to work or fail - if you trade the PnL - it will be almost impossible to ever be consistently profitable. 15:00 NPR: Selling a strangle at 400/360 and buying a 410/350 strangle here. Said another way an iron condor. What strikes are u going with? 15:00 mrandersen10: great call on not taking that short 15:00 lendar79: flat 15:00 Cynthia E: :) 15:00 Carol: :) 15:01 mrandersen10: :) 15:01 Rhemabound: you just keep saying that I've noticed Cyn... Coach is saying 'Look over Here!!!,..not over there!!'...something I need to get better at as well... 15:02 Cynthia E: Yes - I often misquote what I made in a day (YO keeps me straight) but it is because I'm doing it from memory - I do not pull a trade report till the end of the day - and sometimes I'll go 2-3 days without pulling one. 15:03 Cynthia E: You shouldn't have ANYWHERE on your screen you can see a daily PnL - your screen should be trade charts ONLY 15:03 Rhemabound: THAT is some serious technical focus...wow. 15:03 lendar79: expected move is around 21$ and im hoping its going to be bigger drop I bought 360 puts strikes and sold 340 puts stikes 15:03 otto1939: but TOS displays p/l on the ladder! 15:04 Cynthia E: Your PnL can't tell you if a move is going to continue or fail - not AT ALL 15:04 Cynthia E: Do they have the option to show points or current trade - rather than cummulative - or the option to hide it OTTO? 15:04 Eminiess: No Cin it doesn't 15:05 otto1939: maybe there is --- I don't know 15:05 Will: Cyn Trade charts only??? I like to see the chat. ;-) 15:05 Eminiess: Watch it Otto she is reaching for the ruler 15:06 Cynthia E: Then make yourself a sticky note or a pic on your computer you can open and cover it up with! 15:06 Henry (NE): You can right click and hide p/l 15:06 Cynthia E: LOL Eminiess 15:06 otto1939: Cynthia: I found a way to cheat: Cyn trades --> 5 contracts, my trades ---> 1 contract 15:06 Cynthia E: EXCELLENT - there we go Henry just answered the question! 15:06 Cynthia E: RIGHT click and HIDE P/L!!! 15:06 otto1939: done 15:07 Cynthia E: lol otto - I'm not perfect 15:07 Birdy: Otto, on the ladder click on the dot next to "orders" in the column heading and remove your P/L column. 15:07 Cynthia E: lol Will - well of course that too :) 15:07 otto1939: just a little bit mor perfect than me --- it is enough! 15:08 RMFJ: descending triangle forming w/the bottom 15:08 Eminiess: As for Carols question, for me it is the fear of losing. Therefore need to build trust in the indicators 15:09 Carol: You are right. One losing trade for the day doesn't mean they all will be losing trades. 15:09 Cynthia E: No - and one losing day doesn't mean it will be a losing week either 15:09 YO: Carol and all interested, Peter has great Blog post on this 15:10 YO: in broser type 15:10 Carol: Thx Yo 15:10 YO: shadowtrader.net/2012/03/page/3/ 15:10 YO: read March 1, 2012 post 15:10 Eminiess: peter can stand to lose the funds too, so the mind set is different 23

24 15:10 NPR: each and every trade is entirely independent of any other and should be approached in that fashion 15:11 Cynthia E: Eminiess - there is a lesson in Trader's Corner - Trade Lessons on "Trusting Indicators" - also the new additions to Hot Topics - Mkt Psychology are good mental training exercises to help you with that. 15:11 YO: also can be found by going to shadow trader blog and look up March on archives 15:11 Carol: Great suggestions 15:12 YO: I printed it and read every 1st of month HELPS! 15:12 ctp: tripple bottom on :12 ctp: Long divergence on ERG Cyn? 15:12 ctp: I know we can't go long below the critical line 15:12 ctp: just trying to read the indicators correctly 15:13 lendar79: wow... one couter offer after another... I dont know is gop and dem r trying to reach fiscal cliff deal or buy a house? 15:14 RMFJ: throw inthe fridge and furniture and we have a deal lendar 15:14 lendar79: :))) 15:15 lendar79: short 15:15 Cynthia E: yes and no CTP - the triple bottom hits are too close together to call it a valid divergence - not created 15:16 Cynthia E: So mrandersen - it would have been a good short overall except during that pop - most would have likely been shaken out due to volatility and fear 15:17 lima: Cyn so, those 3 bottoms touches wouldn't be counted as waves? 15:17 Cynthia E: Heads up - the fall out of the WEEKLY histogram I posted earlier occurs at 1407/ area 15:18 RMFJ: out\ 15:18 RMFJ: stack # 15:19 Cynthia E: no Lima - waves have to have large magnitude. Waves today would be 1 from the open to the break of the critical line, 2 the bounce off the critical line down, 3 the lunch time bounce off the critical line 15:19 Cynthia E: nice RMFJ - congrats 15:19 ctp: Cyn, if we were to hang out between 1407 and 1417 for a few days, what would that tell us? 15:19 lendar79: out :20 lima: ok, tks Cyn 15:20 otto1939: nice, lendar 15:20 lendar79: ^5 rmfj 15:20 Mark99: Out :20 RMFJ: ty 15:21 lendar79: I love 3:00-3:15 15:21 lendar79: ^5 mark99 15:21 Cynthia E: Today we have VERY definite rejection of the 61.8% test at (pg 2 of Morning Update) - we have a complete take back of the current balance range and a re-entry into the previous one. Low of previous one now the multi-day target down to 1393 range and then a retest of :21 RMFJ: volume is sooooo weak lately 15:22 Cynthia E: This also sets up a continuation of the longer term RED channel lines on the DAILY chart above. 15:22 lendar79: u r aiming pretty low cyn e... 15:22 Cynthia E: nope - not me! The charts ;) 15:23 lendar79: that would put as back in the down trend channel 15:23 lendar79: *us 15:23 lendar79: :))) 15:25 Cynthia E: See Chart on Next Page: 24

25 15:25 Cynthia E: Okay - let's discuss this real quick 15:26 Cynthia E: 2 possibilities 15:26 Cynthia E: 1) the top circle is the CURRENT balance range - failure to break above created a retest of the bottom today. 15:26 mktpower: Ive been in and out today. Only one trade for room? 15:26 mrandersen10: 2 trades, one in the morning and another during lunch 15:27 Cynthia E: A close inside the lower circle creates a destination target of the lower side which is the 1393 I mentioned (1383 comes into play because of the one bar that hit there as a low) 15:28 Cynthia E: the only thing that would stop the bottom of the lower channel line from coming back into play again is that as we test the bottom of the previous balance low at 1393 area - it becomes support on the top side of the channel lines where I have the "X" drawn adn we bounce back up and retest the 61.8% again from there. 15:29 allyn: Strat #1 in todays M.U. 15:29 Cynthia E: And of course our close today matters in this entire scenario - if we bounce hard into the close and leave a bottom tail hammer on this daily bar - that wouldn't be bearish 15:30 lendar79: thank u cyn e 15:30 Cynthia E: yes! Thank you allyn 15:30 YO: nice bottom tail on 15min 15:30 Cynthia E: sure 15:30 Cynthia E: lendar you can just type "cyn" if you want - I'll see it :) 15:33 lendar79: ok:) 15:33 ctp: still looks quite bearish 15:36 Cynthia E: Yes - very much so 15:37 otto1939: past 3:30 p.m. 15:37 Cynthia E: For me to consider a close "not bearish" here we'd have to retrace all the way to 1416/1417 range 15:37 Cynthia E: thx otto 15:39 lendar79: it was a very "ugly" day to trade 15:40 YO: Cyn if 1407 holds but don't get to 1417 area than still think bearish? 15:41 YO: on daily see the selling tail and resistance held but 1407 puts us still in range 15:42 YO: above last week open 15:45 lendar79: small long 25

26 15:50 lendar79: flat 15:51 Cynthia E: Good bit of single prints on our low - nice buying tail there. 15:52 lendar79: it just make sense for /es to go to :53 Cynthia E: why do you say that lendar 15:55 lendar79: im looking at the histogram and move to would patch all the holes 15:55 ctp: I must head out to an 8th grade basketball game. Thanks for the great instruction today Cyn. See everyone tomorrow! 15:55 Cynthia E: thx - that's what I thought you were still watching 15:55 Eminiess: bye ctp 15:55 NPR: bye ctp 15:55 Carol: bye cpt 15:55 Cynthia E: Bye CTP- have fun, have a good evening 15:56 mrandersen10: take care ctp 15:56 Birdy: ctp have fun 15:58 lendar79: look at this sell off 15:59 lendar79: another poor low? 15:59 Cynthia E: very possible! that makes it very strong 16:00 lendar79: what do u think about this close? 16:01 Mark99: Performance with volume 16:01 Cynthia E: Very strong confirmation of our long term outlook forecast 16:02 allyn: nite all and have a super eve 16:02 Carol: bye allyn, C U all tomorrow 16:02 otto1939: bye Carol 16:03 Eminiess: Bye every one 16:03 mrandersen10: take care and stay safe everyone 16:03 lendar79: 7.75 including 2 loosing trades:) have a good one everybody 16:03 Rhemabound: have to run - love love love this room Cyn - you are so the grrreatest!! have a great night all :) 16:03 NPR: bye all who are leaving 16:04 otto1939: nice lendar 16:04 Cynthia E: thx Rhema! YOU ARE TOO!!! WHOOOOOOOOOO!!!! :) Have a good night! 16:06 TnHill_Billy: gn folks 16:08 Cynthia E: gn TnHill! Have a wonderful evening 16:14 otto1939: bye Cynthia--- THANK YOU! 16:14 Cynthia E: bye Otto! Great Day! Great Job! Have a nice evening 16:15 Paul22: Thx Cyn Gn All 16:15 Cynthia E: I have to head out here as well guys! Busy afternoon here on the farm! 16:15 NPR: thanks Cyn! 16:15 Cynthia E: oooh! Close right on the lows! sets up for the outlook!! 16:15 Tombo: have a good nite 16:15 Mark99: wow 16:16 Mark99: Thank you Cyn 16:16 Birdy: gn Cyn 16:16 Cynthia E: Have a GREAT night all! We'll see you tomorrow! 16:16 Cynthia E: GN ALL End of Chat Roll for Monday, December 3,

27 Fluidity Trader Chat Room w/cynthia E. - Tuesday, December 4, 2012: Page Begin Page End Tuesday December 4, 2012 **** Announcement ****** Understanding Fluidity Trading **** **** Fluidity, and this is important for ALL of you!!! Fluidity does NOT mean being willing to trade either direction in the market - it means RECOGNIZING what IS Happening rather than what you THINK, WISH, or HOPE is Happening - and very often it means recognizing that NOTHING is Happening!! IMPORTANT to Always Remember: As I regularly say - we want to SOH when the market is in Balance and take our Trade Opportunities when the market is in IMBALANCE. End of **** Announcement ****** Understanding Fluidity Trading **** ***** End 7:30 *** Hello Fluidity Team Traders Welcome! *** 7:30 *** DAILY TRADE TIP*** Competence precedes confidence: Winning mind-sets result from mastery, not the reverse. ~ Brett Steenbarger 8:04 Eminiess: Morning 8:31 otto1939: gm all traders 8:31 Eminiess: otto 8:32 otto1939: hi Emin 8:41 RMFJ: goodmorning everyone 8:41 RMFJ: is key today ehhh 8:50 RMFJ: trendline below us from lows, to 1383 low test, is sitting right below us at :50 RMFJ: below that would seem a pretty good short down into area...?\ 8:56 Paul22: Gm All 8:58 Carol: Good Morning Traders 8:58 otto1939: hi Carol 8:58 canucck: hello 8:59 Carol: GM otto 9:00 Deb: Good Morning 9:05 Cynthia E: Good Tuesday Morning! 9:06 Cynthia E: Let's get right to several charts this morning. 9:06 otto1939: gm Cynthia 9:07 Eminiess: morning Cin 9:07 Cynthia E: See Chart on Next Page: 27

28 9:08 mrandersen10: gm cyn 9:08 Cynthia E: One of the most important charts to consider this morning is the DOW chart 9:08 PJ: Good Morning 9:09 Cynthia E: As you can see the last three days action has created an Evening Star pattern with 3 topping tails failing off the SMA 200 pattern; and yesterday's close almost put the index back inside the downward channel. 9:10 NPR: Good Morning Everyone 9:11 leftie(rdk): Hi to all 9:11 Cynthia E: See Chart on Next Page: 28

29 9:11 drva777: good morn everybody 9:12 leftie(rdk): how the team doing today, and the coach 9:12 Cynthia E: You can see a similar occurrance on the SPX - our last 3 days also created an Evening Star pattern with topping tails with failure off the SMA 50. Look what happened the last time we failed off the 50!!! 9:14 Cynthia E: See Chart on Next Page: 29

30 9:14 drva777: looks like decent short starting on :15 bru17: gm folks 9:15 Cynthia E: Overnight inventory is short - and here is our starting resistance area. Don't forget that Friday's poor low is at 1410 and when you see the you'll see just how bearish staying below that level today is. 9:16 alice: GM all 9:18 Cynthia E: See Chart on Next Page: 30

31 9:18 Cynthia E: This is the sorry forgot the label 9:20 Cynthia E: So you can see here that last week we were uptrending on the short term - MA up. Then price started to cosolidate, the upward path lost momentum and flattened out. Now we've rolled over and price is bouncing off the bottom side of the trend line; but more specifically you can see we tested Friday's "flat day" low and headed back down. Any action below that level should keep bearish action in play. 9:20 YO: yo yo yo gm team 9:21 Cynthia E: Yo YO YO YO! :) 9:21 YO: : ) 9:21 leftie(rdk): yeah, Yo 9:21 PJ: GM Yo 9:22 YO: morning PJ, leftie cyn 9:24 Birdy: gm everyone 9:25 mktpower: Good Morning Cin and traders:) 9:25 bru17: l... 9:25 leftie(rdk): hi 9:26 Carol: GM Yo and thanks again for your suggestion yesterday. 9:29 mktpower: be back in a bit. chauffeur hat 9:29 Cynthia E: Morning PJ, Birdy, mktpower, bru, Carol :) 9:29 Will: GM all 9:29 Birdy: gm Cyn 9:29 PJ: Morning Cyn and all 9:29 Carol: gm Cyn 9:29 TnHill_Billy: Good Morning Y'all...Miss Cynthia 9:30 Cynthia E: Layla 9:30 Tombo: happy tuesday 9:30 Cynthia E: Morning TnHill, Tombo! ;) 9:30 bru17: ttenn 9:31 TnHill_Billy: hey bru 9:32 hijack: gm 9:32 Cynthia E: Our current opening S/R is 1408 and :35 Cynthia E: Similar opening to yesterday - just balancing inventory - no instant directional strength 9:37 Mark99: Test of the critical line 9:38 Cynthia E: agree Mark 9:40 Cynthia E: Testing Friday's Low again 9:42 RMFJ: hmmm 31

32 9:42 Cynthia E: This is why it is important to let the market shake out - and not anticipate the trade - we need to see what the market IS doing rather than what we think it will do. All signs pointed down - and we aren't yet done testing higher here. 9:42 RMFJ: bulls pushing 9:43 RMFJ: is 38.2% fib from yesterday's hi to ONL 9:43 RMFJ:...pushing and failing rather... 9:47 lendar79: getting ready for short 9:47 drva777: internals ;ook slightly bullish 9:47 drva777: look 9:50 Cynthia E: Yes - we have a mix market - prices testing higher, internals pushing a bit higher, trend pointing down 9:52 Vance: Good Morning --- 9:52 Cynthia E: GM :) 9:53 Vance: General Motors? - cyn 9:53 Vance: I thought we were trading ES;) 9:54 Birdy: Cyn, I would like to invite someone I met at a class last year to this chat room. Is that ok? If so how do I direct her? 9:54 PJ: Took me a minute Vance :) 9:55 Cynthia E: Sure, that's fine Birdy. Just send her to the website and have her do the 2 week so she can download the chat and get the morning repors, etc :) 9:55 Cynthia E: *reports 9:55 Cynthia E: LOL Vance - good one 9:56 Birdy: thx 9:56 Cynthia E: So perhaps strategy 2 will trump strategy 1 today - I expected to see stronger confidence off the open - it's not happening 9:58 Cynthia E: The LT STO is getting a much stronger lift here than what I would like to see also. 9:59 Randyr5: President Obama speaks today on the cliff at 12:30. 9:59 allyn: thankss 9:59 Cynthia E: Overall is still the line in the sand to determine direction - if we don't simply consolidate 10:00 Cynthia E: testing the critical line here as support 10:01 lendar79: beautiful:) 10:01 ctp: Oh yeah, YYUUUUUPPPP 10:01 Cynthia E: 1407 is the breaking point here 10:02 Cynthia E: If 1407 breaks as support - we should have a very nice move down - if it holds we can retest higher again 10:03 Cynthia E: The reason is YC, YL, and TO all there 10:04 YO: Short :05 RMFJ: there is trendline support around heads up 10:05 lendar79: flat 3 pt 10:05 NPR: Good going Lendar! 10:06 DJR: Good Lendar 10:06 otto1939: ^3 lendar 10:06 allyn: Congrats Lendar 10:06 Cynthia E: Great Job Lendar 10:06 lendar79: ^5 10:06 Carol: good trade lendar 10:07 PJ: Lendar, nice trade 10:09 Cynthia E: LONG ENZO :09 YO: out :10 DJR: L :10 drva777: L :10 Cynthia E: I'm watching for a relatively quick break of to confirm any move here and watching the WMA as a trail stop here 10:10 lendar79: triple top :11 ctp: nice ascending triangle on :11 ctp: 1411 is top horizontal line 32

33 10:12 RMFJ: yes 10:12 lendar79: long 10:12 Queenie: long :13 RMFJ: is 50% fib retrace from yesterday hi to ONL 10:13 lendar79: flat :13 Cynthia E: WMA at now 10:13 Cynthia E: Just looking for a base hit here :13 blank: 50 ma is right here 10:14 Mark99: Pivot at :15 blank: yeap :16 TnHill_Billy: Flat +2 10:16 Cynthia E: I always forget my arrows :) 10:16 Cynthia E: Nice TnHill - great job 10:16 TnHill_Billy: ty 10:16 allyn: you need a arrow boy 10:17 drva777: flat.50 10:17 Cynthia E: lol 10:17 allyn: it was JB's idea 10:17 Cynthia E: of course it was ;) 10:17 john boy: I can get myself in trouble, don't need any help 10:18 Cynthia E: I'm pretty sure you need all the help you can get :) 10:18 Eminiess: ouch! lol 10:18 Cynthia E: :) 10:19 Cynthia E: only cuz it's JB can I take that liberty :) 10:19 john boy: abuse!!!!! 10:19 RMFJ: lt sto moving up nicely 10:19 Eminiess: JB! 10:19 Cynthia E: haha 10:19 bru17: nice job tenn 10:20 TnHill_Billy: ty bru 10:20 Eminiess: RMFJ is that rain drops? 10:20 allyn: hole above on yest Histogram :20 Cynthia E: I'm still just watching the WMA as it climbs very slowly - up to now 10:20 Cynthia E: YES - great point allyn - thanks 10:20 Hawk: Gotta run, trade well 10:21 Cynthia E: this is what Dalton would refer to as "structural repair" if we fill those 10:21 Cynthia E: Have a great day Hawk! 10:21 Eminiess: going out side it is raining!! Not a drop in Nov! 10:22 Cynthia E: :) 10:22 Cynthia E: Storm here last night was nice. No rain here either in quite some time. 10:23 RMFJ: please rain in Austin... 10:23 RMFJ: pretty please 10:23 Eminiess: it is RMFJ 10:23 Cynthia E: Vance - just for reference - when I say I'm using the WMA to trail and I give the price it does not mean I have a hard stop at that price level I'm naming. See FAQ - Trade Tips - Trailing Stop for more detail. 10:23 RMFJ: first time in recorded history it hasn't rained in Nov here Emi 10:24 Vance: How did you know I was thinking about the details of your comment...u a mind reader too??? 10:24 Vance: Thanks 10:24 Cynthia E: Yep! Some here would say that - LOL 10:24 Vance: Ha. 10:24 Cynthia E: No, it's because I've been in your seat - I've actually done what you all are doing and I know what questions I wanted answered. 10:24 john boy: she has eyes in her mouse click finger 10:25 Cynthia E: FLAT SCOUT :25 Cynthia E:

34 10:25 RMFJ: yep -2 here 10:26 Cynthia E: So I just try to actually answer those questions - "all the how's, when's, where's, and WHY's! 10:26 DJR: Flat :26 Birdy: flat :26 Carol: :26 Queenie: :27 ctp: creating bear flag on :28 Cynthia E: agree CTP 10:28 lendar79: cyn ur arrow is still up 10:28 ctp: At the bottom of flag pattern right now testing critical line 10:29 allyn: 5.5 pt IB range 10:29 Cynthia E: thanks Lendar - Eminiess is playing in the rain, but someone needs to smack me with the ruler a few times and make me remember ARROWS :) 10:30 lendar79: long 10:30 YO: IB high IB mid point IB low range :30 john boy: I volunteer, I like that 10:30 ctp: that dropped faster than I was ready to place a trade 10:30 Cynthia E: oh no! 10:30 ctp: lendar? 10:31 YO: what price lendar? 10:32 lendar79: right or right out:) 10:32 allyn: Thanks Yo I missed that low -sorry about that 10:33 lendar79: its a traders paradise 10:33 Cynthia E: And by that Lendar means "bracket traders" paradise 10:34 YO: thxs lendar GL 10:34 RMFJ: 05.5 held 10:35 ctp: yeah, rmfj, double bottom there 10:36 RMFJ: I see decent support around 1404 level 10:36 traderken: stall here, retest ONL, internals all deteriorating 10:37 Carol: bracket traders? 10:37 Cynthia E: Volume is only slightly higher this morning - no significant increase or decrease. 10:37 Cynthia E: Carol - shorting highs, going long lows (reversion to the mean trading) 10:38 Cynthia E: bracket or channel trading 10:38 john boy: UK? 10:38 Carol: TY 10:38 Cynthia E: Yes JB - exactly 10:38 john boy: lots of small gains or losses 10:38 Cynthia E: yes 10:39 mrandersen10: Cyn why do u think the LT sto crawled up so much 10:40 Cynthia E: It has to do with the "grinding trend issue" - remember I've always said my least favorite markets are trending market that are doing it so gradually it looks like chop - the time tends to progress the indicators and decent volume helped. 10:42 Cynthia E: Really what it is if you look closely is that price pulled up high enough and maintained this range long enough that the MAs turned flat a bit - so if you look now - the LT STO is right about zero and the ERG is swinging back and forth over zero - all confirmed by a consolidating histogram. 10:42 lendar79: it was obvious that the rest of the restaurants will follow down! 10:42 Cynthia E: See Chart on Next Page: 34

35 10:42 lendar79: oops:) 10:43 Cynthia E: Talking Darden are you now? 10:43 Cynthia E: lol 10:43 lendar79: yes:) made some money on panera bread again:) 10:44 Cynthia E: congrats 10:44 lendar79: thx 10:45 RMFJ: imho the traded restaurant groups have hit a low point... only annecdotal evidence here in my commercial real estate business...but these guys are more active than i've seen in 4+ years looking for new locations 10:46 hijack: Panera great place to eat also 10:46 mktpower: Are we waiting for a cycling of the indicators for a short setup? 10:46 NPR: If u look at the hiring data, the resturants have led the charge out of all industries 10:46 Cynthia E: Yes mktpower - very good 10:47 RMFJ: break below would break ascending trendline from lows (and touch of 1383 spike low) 10:47 NPR: its is reflective of where poeple are spending their disposable incomes 10:48 Cynthia E: A cycle means price will come up and test the critical line MA as resistance - the ST STO will move higher then turn back down, and the ERG will turn white then back to purple. 10:48 NPR: *people 10:48 Cynthia E: That is a good point NPR 10:48 RMFJ: yes NPR, same store sales in the shopping centers I work on are going quite strong... but again, that's limited to Texas geography and our economy is doing much better than rest of US 10:48 mrandersen10: thx Cyn for the explanation, this was a good time to learn what STOs actually are 10:48 mktpower: I think when you know what you need to happen, it is much easier to be patient. 10:49 NPR: Oil and Gas are helping Texas stay ahead RMFJ 10:49 lendar79: cyn would u call it a poor low yet? 10:49 mktpower: I mean what needs to happen. 10:49 Cynthia E: mrandersen - clarify a bit - I'll be glad to go into more detail 10:49 Cynthia E: Absolutely mktpower 35

36 10:50 mrandersen10: I never knew how STOs were calculated 10:50 mrandersen10: so I read up on in a bit, helps to know what it actually is 10:50 Cynthia E: yes lendar - but what I see more slow balancing 10:50 lendar79: its very misleading... 10:51 Cynthia E: Absolutely mrandersen - they are an indication for a market that is "over-bought" or "over-sold" (and once a market is in those "zones" - it can stay there and that is called trend) - quick turns there are an indication of consolidation 10:52 mktpower: Obama's interview on bloomberg is suppose to air around noon. 10:52 RMFJ: 12:30 is what I heard this morning mktpower on Tom Keane's show 10:52 NPR: Thanks for that Mktpower 10:53 traderken: key is what will be market reaction 10:53 mktpower: yw 10:53 Cynthia E: When we state times let's be sure to state time zone! We have members from coast to coast and even around the Globe 10:53 mktpower: ok 10:54 mrandersen10: what r the periods for the 2 STOs? and the average of that period is compared to the current closing price? 10:55 mktpower: yes confirmed on bloomberg exclusive Interview with the President at 12:30 est 10:55 Cynthia E: Rhythm as slowed dramatically since the open 10:55 lendar79: azo moved my direction:)! npr did u do ok on azo? 10:56 NPR: lendar, yes, booked a night profit on half of the position and waiting to see if price moves back up a little into the 375 range so I can close out the trade 10:56 NPR: *nice 10:57 NPR: glad its working for you as well 10:57 lendar79: getting better:) 10:58 blank: The Prez on Bloom? It isn't a live spot is it? 10:58 Cynthia E: testing lows here again. 10:59 RMFJ: not a live interview...pre recorded 10:59 mktpower: true 10:59 blank: Good! 10:59 TnHill_Billy: 200 SMA on 15Min 11:00 NPR: Lendar, how did you come up with your strikes on the trade? 11:01 lendar79: 360/340 11:02 Rhemabound: for some reason when I click on 'scroll transcript'...whether its checked or not - if someone posts in the chat my chat reverts to the new post...not sure what I'm doing wrong? 11:02 lendar79: still under water a bit 11:02 mktpower: you have to place and click arrow in blank area of member list 11:03 ctp: internals very flat 11:03 mktpower: after you get to the area on the transcript you want to view 11:04 Cynthia E: Rhema - that won't work - if you are trying to read history - scroll back - then click your mouse over on the member list to get your cursor focus off the chat screen. 11:04 allyn: Rhem get to where you want in the chat schroll and move your cursor out ot the chat area and it will stay 11:04 Cynthia E: sorry mktpower - just saw you already answered 11:05 allyn: test lows again 11:05 Rhemabound: ok gotcha..thanks Cyn 11:05 mktpower: oh thats ok. you articulate so much better. lol 11:05 ctp: I'm sensing a hatch door... anyone else? 11:05 RMFJ: not me... I see pretty good support at :05 lendar79: short 11:05 RMFJ: unless we pop thru 11:05 RMFJ: then open the hatch 11:05 RMFJ: :) 11:07 RMFJ: hows the histogram looking?... 11:08 YO: lendar when did you exit your long 11:08 RMFJ: I need to get Ensign already 36

37 11:08 Cynthia E: I haven't called this one because the indicators never cycled - we just consolidated sideways, then broke a bit. 11:08 YO: and what number did you go short? 11:08 Cynthia E: :) RMFJ!! 11:08 YO: soory if you don't mind I like to follow 11:08 YO: you seem to be doing really well 11:08 YO: helps when you put prices and entry and exit postings : ) 11:08 RMFJ: I know, I know... 11:08 Cynthia E: 11:09 Cynthia E: there's an update for you RMFJ 11:09 mktpower: I just explained that about the lack of cycling to my husband as to why we wouldn't have entered short. Thanks for stating that Cin. Good confirmation for me. 11:09 RMFJ: ty Cyn! 11:09 lendar79: ok ? 11:09 NPR: overnight low :09 YO: your long closed out where lendar? and you went short at 1405? 11:10 RMFJ: I'm waiting until my new office gets built-out and I can finally set up all my monitors... otherwise, too tough to keep track w/my current set up to have Ensign :) 11:10 lendar79: yes :10 mrandersen10: same camp here RMFJ 11:10 Cynthia E: nice mktpower - well done - see you are really catching on 11:11 YO: ok great thanks and now your short 1405 got it 11:11 mrandersen10: trading on 1 little laptop this whole time 11:11 Cynthia E: seriously - I feel for you mrandersen :) 11:12 mrandersen10: it gets so crazy lol 37

38 11:12 RMFJ: wow mrandersen! 11:12 RMFJ: you must have some quick fingers! 11:12 Cynthia E: my hubby keeps telling me - we can travel and I can trade on his little laptop - I'm thinking... uhhhhhhhh, right! lol 11:12 Eminiess: And JB will take care of the horses? 11:12 mrandersen10: which is y I stuck w/ "swing trading" for quite some time 11:12 toomuch: lol. I made a rule no trading unless at full workstation setup. 11:13 mrandersen10: lendar r u targeting ONL? 11:14 RMFJ: short :14 RMFJ: come to daddy! 11:14 Cynthia E: LOL Eminiess - no I was leaving that up to you 11:14 Birdy: fwiw, I have the Ensign charts are they are fantastic, but you do need real estate to show charts on. 11:15 Birdy: *and 11:15 Cynthia E: Agreed! Birdy I finally have the info you requested - I'll send it over at lunch 11:15 Birdy: great thanks 11:16 NPR: Ensign is great. however, my histogram keeps getting messed up and support can't figure out why 11:16 Mark99: CAn you send it my way also Cyn 11:16 mrandersen10: im so so far off from my full potential, hopefully I can contribue to the group more when things r finally setup 11:16 blank: I might not have been trading but I was checking prices on my phone at Walt Disney World. waiting in line..wishing I had a better app 11:17 Cynthia E: Sure! It is info on who built my computer and what's needed to set up the trade system I mentioned yesterday with 2 giant TV screens (I don't even have the set up yet, but my computer guy was the one that suggested it and built my system to handle it later when I upgrade) 11:17 ctp: The new TOS "Trader" app is pretty nice 11:17 Cynthia E: NPR - how so? 11:17 Cynthia E: Maybe I know why 11:17 Mark_C: how do you like the resolution on the tv 11:17 Cynthia E: and which one 11:17 blank: the old one sucks bad 11:18 Cynthia E: I don't have them Mark C - it is my next planned upgrade - I intend to get very high resolution LED screens 11:18 lendar79: flat 11:18 NPR: Cyn, it keeps showing multiple POC and I/they have played with all the settings but can't get it to work 11:18 Cynthia E: probably won't actually upgrade for another year or so 11:18 NPR: by work, I mean have it look like yours 11:19 Cynthia E: send me a picture of your chart and then of your Price Histogram Properties Window after clicking on it in objects the next time it happens - I'll figure it out 11:20 NPR: ok, thanks...i'll do that after the mkt closes today 11:20 Cynthia E: cool 11:20 drva777: so for it to cycle correctly, it needs to bounce off crit line right? 11:20 Cynthia E: I'll be glad to take a look - that's frustrating and irritating - we dont' like that :) 11:21 lendar79: early lunch:) 6.25pt thank u pnra aapl:) good luck everybody:) 11:21 mrandersen10: critical line is dead flat 11:21 allyn: nice 11:21 blank: ctp can you see a chart on the new app? 11:21 NPR: yes, it is..to put it politely :) 11:21 alice: great trading, lendar 11:21 Eminiess: nice lendar 11:21 hijack: great Lender 11:21 Cynthia E: :) NPR 11:22 Carol: ^5 lendar 11:22 Cynthia E: awesome Lendar 11:22 lendar79: ^5:) 11:22 leftie(rdk): yeah! lendar 38

39 11:22 Cynthia E: Double Bottom forming at 1403 from ONL and LOD 11:22 Cynthia E: Divergence LONG setting up on (provided 1403 doesn't break) 11:23 Cynthia E: Divergence visible on 3600 on LT STO - does everyone see that? 11:23 alice: Cyn..show that chart pls 11:24 ctp: Yes, blank. And you can add studies to it 11:24 alice: yes, I see it now 11:24 mrandersen10: yup, LT is still above green line and much higher than it was last time price was at this level 11:24 NPR: yes 11:24 leftie(rdk): yes. thxs 11:24 ctp: I use it on my phone, but I bet it would be much nicer on a tablet 11:25 ctp: Yes, Cyn. 11:25 RMFJ: out... 11:25 RMFJ: flat 11:25 BradH: The tablet version doesn't take advantage of the larger screen, just blows everything up. 11:25 BradH: (as in zoom) 11:26 Cynthia E: See Chart on Next Page: 39

40 40

41 11:26 ctp: oh 11:27 Rhemabound: thanks allyn :) 11:27 alice: ths, Cyn 11:27 Cynthia E: Rule 1 still applies - no longs with price below critical line - just showing that this is a current possibility 11:28 blank: If they would just get rid of flash I could just run the web based on my phone and I would be happy. 11:28 Cynthia E: so long as we don't break down below then depending on position of LT STO at that time we could still build a divergence - it just wouldn't be "hidden" 11:29 Rhemabound: I was at the Y this morn - while grandpeep was in gymnastics...trying to trade/monitor mkt frm tablet - egads - Ameritrade app - I had heck of a time - is TOS Trader app different than that CTP? 11:29 blank: the old app would shut down if you turned the phone sideway 11:29 Rhemabound: oh great blank -...gotta love that! 11:29 Rhemabound: GS flirting with lows fwiw 11:29 BradH: Same app...when it updates, you will get the new version. 11:30 blank: they did update It's new didn't see any good charting on it 11:33 Birdy: I have the TOS on my android and this new version is a major improvement. I see charts and have some studies on the charts. 11:34 blank: I will check it out 11:34 ctp: Yes Rhema 11:34 ctp: It was just updated this past weekend 11:35 ctp: My old app used to say Thinkorswim, the new app says Trader 11:35 Rhemabound: thank God - I will check it out. talk about 'angst'... I could not function too swell on that app,...and I'm not that proficient on the tablet...need to spend some time getting up to speed -...when you need it - you need it...being mobile and all 11:36 Rhemabound: cool - I will check it out - can't wait. 11:36 blank: yeah It deleted the old one 11:36 Rhemabound: haven't traded Ameritrade - couldn't even get an /ES ticker -...bah!...had to monitor spy and q's... 11:37 Rhemabound: was definitely out of my comfort zone -...was a 'can she keep her cool under stress' test...for sure....i did...but was on the brink...lol 11:37 lendar79: AZO FLAT:))) LUNCH:)))) this trading thing is so addictive:))) 11:37 DJR: Happy Panera Lendar 11:39 Cynthia E: Lions and Tigers and Bears, oh my! 11:39 Cynthia E: Look at this! 11:40 Cynthia E: See Chart on Next Page: 41

42 11:41 Rhemabound: meaning... bias down...not so strong? 11:41 mktpower: Does that mean that the sellers have not been exhausted yet? 11:41 Cynthia E: mktpower - correct 11:41 blank: Only problem is if I run a laptop. off of my cell phone. and you move and switch towers. Tos logs you off. I wonder if that happens on the apps and tablets. That is not the app. that is with the platfoform. 11:41 Cynthia E: Rhema - meaning we are setting up for a very strong downward break - doesn't mean it has to come today but when it does - look out 11:41 alice: pls. explain 11:42 alice: ok 11:42 Rhemabound: ooooh...my favorite trade in the whole wide world... 42

43 11:43 Cynthia E: Alice a poor low is anytime we do not get single prints which is our signal that an auction has exhausted itself - "that we here the SOLD as the gavel" drops and the auction is over. Poor Highs/Lows is a signal that has not occurred - any time we get multiple poor highs/lows - the odds of the auction exploring beyond to find completion is raised exponentially! 11:44 Cynthia E: NOW do you all see the "cycle" setting up on the 3600? 11:44 alice: ok 11:44 Cynthia E: Always takes more time than we expect 11:44 Birdy: yes 11:45 mktpower: yes 11:45 Birdy: test of WMA 11:45 Cynthia E: critical line test is exactly in line with where it SHOULD be based on histogram at LT STO has found it's way toward the bottom, and the ST STO and ERG are making the turn up before the turn down 11:45 Birdy: ooops critical line 11:46 Cynthia E: See Chart on Next Page: 43

44 11:46 Mark99: Flat :47 otto1939: ^2.5 Mark 11:47 mktpower: Ya hoo! Mark 11:47 Cynthia E: So again remember - you always have 2 choices: 1) to trade the break of the critical line, or 2) Wait for the retest signal 11:47 Cynthia E: Outstanding Mark! Well done! 11:47 mrandersen10: nice job! 11:47 Carol: woot-woot mark 44

45 11:47 Eminiess: Your rule of thumb cin is to wait for the retest correct? 11:47 Eminiess: Nice MArk 11:47 Cynthia E: Look at the alignment - a turn down from here will also leave a topping tail on the SMA 20 on the 15 min 11:48 Rhemabound: suhhhweeeeet 11:48 Cynthia E: It is generally a higher probability trade - it really depends. 11:48 Mark99: I played the move up from double bottom to critical line target 11:48 hijack: how does the time affect this, seeing that its almost noon est. 11:48 Cynthia E: Eminiess - when we are making a clean cut reversal - the break is a good trade, but when the MAs have turned flat and we are "balancing" it means you are entering in the center of the range - which I just don't typically like to do 11:49 Cynthia E: by clean cut reversal I mean a very strong hidden divergence or such 11:49 Eminiess: we are pretty much balanced 11:50 Cynthia E: yes we are 11:51 Cynthia E: hijack - great question, As we saw yesterday - the signals are valid throughout the day; however, I prefer the strong setups to occur during the morning or afternoon session because I know most participants are along for the ride 11:51 Cynthia E: the good 2nd trade signal came during lunch yesterday 11:53 leftie(rdk): wow the tick 11:53 Cynthia E: nice! 11:54 mktpower: but the price didnt really move that much. A sign? 11:54 Cynthia E: not necessarily 11:56 Randyr5: C y' 11:56 Randyr5: C y'all tomorrow. Got work in East Texas this afternoon. 11:57 Mark99: Todays pivot forming at Yesterdays low 11:57 mrandersen10: take care randy 11:57 Eminiess: By Rsndy 11:57 Cynthia E: Bye Randy - have a great day - c you tomorrow 11:57 Mark99: POC,,not pivot 11:57 Mark99: See y a Randy 11:57 DJR: Bye Randy 11:57 Cynthia E: you are correct Mark - nice catch 11:57 Carol: CU Randy 11:57 Birdy: adios Randy 11:57 leftie(rdk): bye Randy, see you tomorrow 11:58 allyn: dax and ftse closed flat fwiw 11:59 Rhemabound: thanks allyn - worth alot to me..lol 12:00 Rhemabound: otto - if you are here - I am sorry I didn't send you the video you asked about - I will send it today if you like...maybe you can message me your address again - I wrote it down on a 'floating piece of paper'... 12:00 Cynthia E: new half starting 12:01 Mark99: The 3 days of poor lows should act like a magnet 12:01 Cynthia E: yes it should 12:02 leftie(rdk): good point, thxs, very helpful when point things out, I don't always see and should 12:02 Rhemabound: have to run grandaughter to school - be back shortly 12:03 Cynthia E: 3600 setting up - need ERG cross 12:03 Cynthia E: c ya Rhema 12:03 mktpower: poor lows acting like a magnet. Do you mean higher to test them? 12:04 Cynthia E: no we mean the will draw price down and beyond 12:04 mktpower: ok almost got myself confused. thanks 12:04 Cynthia E: SHORT SCOUT :05 mktpower: short :05 DJR: Short :06 otto1939: short 1404 from last time we were here 12:06 mktpower: target? 12:06 Cynthia E: watching the base hit level and to see if we start to accelerate here based on the break of all the lows 45

46 12:06 RMFJ: looks like it is 12:06 john boy: ONL 12:07 john boy: broke by 1 tick 12:08 RMFJ: lol otto 12:08 Cynthia E: JB you didn't smack me 12:08 hijack: ONL does this = on new low 12:09 mrandersen10: overnight low 12:09 mrandersen10: I hope lol 12:09 john boy: I want to be a gentleman in public, wait til after close 12:09 Cynthia E: hijack there is a complete list of the shorthands symbols in the FAQ - Glossary 12:10 Cynthia E: lol 12:10 mktpower: That recorded interview is coming up at 12:30 12:12 john boy: time for the gravity strategy to kick in 12:13 RMFJ: open window... & jump! 12:14 Carol: don't jump 12:14 Cynthia E: :) He means Bears! 12:15 Cynthia E: There is a Wall Street phrase that says "Bulls walk up the stairs, while Bears jump out the window!" 12:15 bru17: his window is only one inch from the ground carol 12:15 Cynthia E: i.e. Markets climb slow but fall fast 12:15 john boy: the speed with which stuff happens 12:15 Mark99: Is Obamas speech going to interfere with this trade? 12:16 john boy: if he makes everyone feel good it will 12:16 bru17: by the time obama speaks you can actually have lunch and play jacks before hand 12:16 Cynthia E: well we hope it helps - but I'll still just watch the indicators 12:17 RMFJ: for some reason I don't think this interview is going to shed any light at all on the debt ceiling... 12:17 Carol: political posturing season 12:17 mktpower: Does the higher low on the erg give you some ill feelings about this trade? 12:18 RMFJ: sell Mortimer sell sell sell 12:18 mrandersen10: LT breaking below green line 12:18 Cynthia E: no mktpower 12:19 mktpower: good. 12:20 blank: Well it is taped not live so people in the know..know.. I think everyone know how the whole debt thing is going to play out also doesn't mean the short term players won't move it around 12:21 RMFJ: extending to down side... little by little 12:21 RMFJ: slow day 12:21 mrandersen10: ERG is only divergent IF it turns white and moves over signal right? but it's good to just keep in mind that it could happen 12:22 Cynthia E: correct mrandersen 12:24 RMFJ: open the woosh! 12:24 Cynthia E: retest of lows - we'll watch to see if we get new LOD 12:25 RMFJ: Cyn, you shooting for ? 12:25 Cynthia E: If we really take off - I'll just be trailing with the WMA 12:25 RMFJ: k 12:26 RMFJ: bears are trying 12:26 RMFJ: bulls are also defending this low 12:26 mrandersen10: and you'll be able to tell just be the quickness and "force" of the move? 12:26 RMFJ: I love a good bull bear fight...rarrr 12:26 Cynthia E: lol 12:26 mrandersen10: intuition basically? 12:26 john boy: the arena is full 12:27 drva777: or at lunch lol 12:27 Cynthia E: yes mrandersen - the way we progress as new lows occur - do we see instant pops back to where we are now - or instant extension lower 12:28 Cynthia E: Obama about to start if they are on time 12:28 Cynthia E: so heads up 46

47 12:28 Cynthia E: WMA sitting at :29 RMFJ: didn't like that move 12:29 RMFJ: out 12:29 Cynthia E: FLAT ENZO 12:29 Cynthia E: :29 mrandersen10: out too, terrible day here 12:30 DJR: out :30 Birdy: out :31 mktpower: out :31 mrandersen10: if ES breaks below now, would u step back in or is that overtrading? 12:31 Cynthia E: mrandersen it is not a terrible day - winning days are not great days and losing days aren't terrible days - they are all great days! Loses are a calculated part of the business 12:31 Cynthia E: that is over-trading and chasing it mrandersen 12:31 blank: Should have vote for the other guy! 12:31 mrandersen10: sry heh 12:32 Queenie: out = :(((( 12:33 Cynthia E: We are now in a fairly solid consolidation range between and :34 Cynthia E: 12:34 lendar79: with excess to the upside and down side? 12:35 Cynthia E: Downside yes - a little, upside is more of a stem of a "b" day again 12:36 Mark99: We can say one thing was not ready to crack 12:36 RMFJ: ha 12:36 lendar79: 1405 is a pretty volatile level 12:36 Cynthia E: We are a bit late getting into our break - let's take lunch and see what the afternoon set's up or if we continue to consolidate here. 12:36 Cynthia E: Correct Mark! 47

48 12:36 Tombo: +4 shorted touch of c line and covered ovn low 12:37 Cynthia E: Nice Tombo! ^4 Congrats and well done1 12:37 Cynthia E:! 12:37 DJR: Good Tombo! 12:37 mrandersen10: good one! 12:37 mktpower: good trade Tombo 12:37 Carol: good trade Tombo 12:37 Mark99: Nice Tombo! Say thank you 12:37 Cynthia E: Everyone enjoy the break! 12:37 Cynthia E: ** LUNCH ** 12:38 Tombo: ty 12:38 allyn: /dx near lod :40 RMFJ: almost like an algo hunt on that rapid move up then back down 12:41 RMFJ:...wild 12:46 mrandersen10: what time does obama speak? 12:47 RMFJ: he should be talking right now... pre recorded interview 12:47 ctp: 15 ago 12:47 mrandersen10: thx 12:47 allyn: hes been speaking for 15 min still on 12:47 allyn: bloomberg 12:48 allyn: same talk 12:48 RMFJ: balanced plan, blah blah blah? 12:48 allyn: nothing new I have heard 12:49 ctp: Nice descending triangle on from yesterday's high 12:50 allyn: interview over 12:50 blank: good 12:51 mktpower: yes good. darn that interview. :-( 12:51 blank: I vote for people who don't talk durning trading hours 12:52 DJR: Anything "new"? 12:54 allyn: Said he understands people want and need certainty but doesn't need to get into room with the speaker to get that done 12:55 allyn: he justs needs them to understand that the rates need to go up for people making over 250K 12:56 allyn: same stuff 12:56 DJR: same "stuff " different day! 12:56 allyn: roger and he smiled a bunch :) 13:00 Rhemabound: when she said 'when will you and Boehner sit in the same room and talk'... he said 'this is not about 'sitting in the same room'...??? did he think she meant it was about them physically sitting in a room together?...bugs me - dodge and deflect...not good 13:01 Rhemabound: sorry - may be political - not allowed... saw your comments - had to add mine I guess! 13:01 Game0ver: its all good 13:01 mrandersen10: looks like a short 13:01 Rhemabound: hmmm - she's looking like she may 'blow' here... for now anyway 13:02 allyn: Yes understood Rhem he dodged that question for sure IMHO 13:02 Rhemabound: uh-huh 13:02 Eminiess: He may have meant they are not on the same page...any way Cin will got out the ruler 13:03 Eminiess: *get 13:03 allyn: ouch! 13:03 Rhemabound: lol...yes ruler - ouch. 13:03 DJR: I'm gonna tellll! 13:04 Eminiess: come on she has eyes in the back of her head 13:04 mrandersen10: everyone just going to soh here? 13:04 Rhemabound: boo DJR! ( she's so darn thorough - she'll likely read the comments anyway!)...lol Em - she so does - no kidding...lolol 13:05 allyn: new low 13:05 mrandersen10: I need a friend lol 48

49 13:05 DJR: Missed that short, darn! 13:06 mrandersen10: still hasnt moved much 13:06 Tombo: need nq to come down more to get a push 13:06 DJR: you are among friends 13:06 mrandersen10: thanks :) just meant on this trade 13:07 mrandersen10: not much confidence when im in a trade alone out of 50 some odd folks 13:07 Mark99: I am with ya Mr A 13:08 mrandersen10: still in the same trade from :08 Game0ver: see 3 red arrows 13:08 mrandersen10: ya queenie just came on 13:09 mrandersen10: and one of the three is me 13:09 Queenie: I'm holding my breath 13:09 mrandersen10: ya there's no follow thru again 13:10 Eminiess: queenie breath, no EMT here 13:10 Game0ver: I was 1 13:11 mrandersen10: indicators look great and breadth continue to move lower 13:11 mrandersen10: but so far support trumping all that 13:12 mrandersen10: move back over WMA again and im out this time 13:13 Tombo: lower lows and lower high from 11 13:13 mrandersen10: AAPL trying to double bottom too 13:13 Rhemabound: have been short GS - put my red arrow there -...guess it's best to put all my cards out on the table 13:16 Rhemabound: ES all jammed up between the 100sma...the 50 and the ema and the but below the 100sma...that's just gotta trump...(and below the 50ema,...notable) 13:16 Rhemabound: daily 13:17 mrandersen10: putting tight leash on this, if it bounces here it could end up being the low of the day 13:18 Carol: s1 on TOS 13:18 Mark99: the last probe down bounced right off S1 13:19 mrandersen10: AAPl new lows 13:19 Rhemabound: yeah..woudn't surprise me mrandersen,... one peep from Boehner could catapult us thru the roof -...tight leash not a bad idea... if he stays quiet..lol - we're looking quite weak - would love love love a great short... I know - who wouldn't. 13:21 Rhemabound: James...TOS forex guy/chatroom says /6e rejected 1.31 resistance...heading back down -... /6e running 83% correlation with ES...fwiw 13:22 mrandersen10: r u guys using the WMA as an exit guide or the critical line? 13:23 ctp: I'm using the WMA 13:23 Queenie: WMA 13:23 mrandersen10: thanks 13:23 ctp: It's at right now 13:23 mrandersen10: b/c price hasnt really respected WMA much today 13:24 Rhemabound: GS has now broken both 50 day ma's (ema & sma) daily,... interesting bearish bias there.. 13:24 Queenie: On what chart ctp? mine is :24 ctp: :25 Queenie: Me too, but I have a different number 13:26 Rhemabound: GS forming a textbook H&S on daily 13:26 ctp: I turned the values on so it shows the value on the side 13:26 Tombo: holes in histograms 13:26 Rhemabound: /cl getting a pop 13:27 Rhemabound: 75% correlation to ES 13:27 ctp: Flat 13:27 mrandersen10: same 13:28 ctp: That is 3 times today that I could have taken 2 points each, but I stayed in and got out flat 13:29 Queenie: Out, man this has not been a good start to Dec. I've lost more pts. today than I did all of Nov. 13:29 mrandersen10: me too 13:30 leftie(rdk): tuff day to trade 13:31 mrandersen10: time to stop and live to trade another day 49

50 13:32 Rhemabound: 38.2% retrace frm high to low today is ish 13:33 otto1939: sorry Queenie 13:33 lendar79: +4200$ 13:33 mrandersen10: good line in the sand w/ critical line roughly at the same level 13:34 Queenie: Thanks, Otto. I'll have to back test to figure out my mistake. 13:34 otto1939: go back to Monopoly for a bit :35 otto1939: lendar: when I grow up I will be as good as you are :35 mrandersen10: lol how many times do we have to say congratulations lendar 13:35 Rhemabound: wow - nice Lendar 13:35 DJR: Good job Lendar! 13:36 mktpower: Lendar is that on your options and futures? 13:36 lendar79: yes 13:36 Deller: does anyone trade options on the /es? 13:36 mktpower: very nice. Now thats a great day! Yes 13:37 Eminiess: I dream of that 13:37 NPR: not on the es...bid/ask too wide for my liking 13:37 otto1939: I am happy with 2 scalps total 1.75 points 13:38 DJR: good job Otto! 13:38 otto1939: thanks 13:38 mrandersen10: nice! any green today is job well done 13:39 otto1939: but I am a nervous wreck :39 mktpower: Yes otto good job. 13:40 lendar79: getting ready for long 13:41 otto1939: so far 6-pt stops and small targets kept me out of harms way 13:43 otto1939: not a good risk/reward ratio, I know--- but I was lucky 13:43 mrandersen10: so what ive learned is that regardless of how well all the indicators line up, w/o the oomph it doesnt matter 13:43 Rhemabound: Lendar - the longterm ST is pretty negative -...are you looking to scalp?... JUST wondering how you do it.. 13:43 Carol: good job otto 13:44 bru17: quite correct mr anderson 13:44 otto1939: Carol: you need to come for a visit--- my wife said, now I can buy Kentucky Fried Chicken 13:44 YO: my keppler book arrived today looks like fun 13:45 YO: might just read until market does something besides chop us traders up 13:45 Carol: We will have to arrange a visit sometime. Say hello to the Mrs. 13:46 otto1939: thanks, will do 13:46 YO: leder will you please price the enty price when you go long 13:46 YO: is there a certain # you are waiting for? 13:46 YO: still below critical line does that matter to you? 13:46 Carol: Queenie-I am having the same kind of day you are having. I am trying to think of each trade independently per our conversation yesterday. 13:47 YO: Carol you read my ? 13:47 lendar79: all that mess today is nothing more then fiscal cliff mambo jambo again... im looking forward to some upside action 13:47 YO: you have spy calls as well correct lendar? 13:48 Carol: Yo, I did. It was perfect for the situation. TY again! 13:49 Carol: Helping me thru the tuff day today. 13:49 lendar79: I bought dec 138 calls 2 weeks ago on friday and I got some weekly spy puts yesterday when we started to roll over 13:50 lendar79: im trying to stay very fluid all the time 13:50 lendar79: long 13:50 YO: thxs long ? 13:51 lendar79: u know we can rollover pretty soon yo? 13:51 YO: I am not long 13:51 YO: your post said long I am asking what price? 50

51 13:51 lendar79: ok 13:51 lendar79: yes 13:51 YO: you seem to be scalping is that fair to say? 13:52 YO: Lots of trades 13:52 YO: I am trying follow cyn system but see you having success so I like to follow your exact entries and exits 13:52 YO: see if makes sense for me 13:52 YO: if you don't mind? 13:53 mrandersen10: I think just the fact that we failed to "woosh" when we tested ONL 13:53 mrandersen10: sellers failed 13:54 lendar79: u have to develop ur own system... if u dont understand why u enter the trade dont take it 13:54 Rhemabound: can't ignore fact that GS has it's big fanny dangling down through that 50 day ma 13:54 hijack: Lender what are your favorite indicators 13:55 lendar79: move ur stop up 13:55 hijack: lendar* 13:55 lendar79: flat :57 ctp: right at the top of descending triangle 13:57 YO: congrats lendar! so your scalping? 13:58 mrandersen10: I think we should perfect cyn's system first before trying to add to it 13:58 lendar79: I dont like this expresion "scalping"... 13:59 YO: but your not aiming for min 3pts 13:59 YO: you take quicker pts and moves 13:59 lendar79: u shoud already know cyn e indicators 13:59 YO: like cyn said earlier 13:59 YO: more trades less profits 13:59 allyn: noticed we stopped at the balane range on the histogram Cyn posted above 13:59 allyn: *balanced 14:00 YO: Lendar I was just asking if you are using cyn set up? 14:00 YO: you took long before break of critical line 14:00 lendar79: yes I am 14:00 YO: I congratulate you on all your success 14:00 YO: but you tak more than 1 to 3 GREAT trades per day 14:01 lendar79: yes trade what ever I want how many time I want because I developed my own way of trading 14:02 Carol: I see a trend that I do not like. Lendar is getting out with profit just about the time I am thinking about getting in. Doesn't seem like a good plan to me. 14:02 hijack: its working well for you. 14:02 YO: congrats lendar keep it up 14:02 YO: more than one way make $ in market 14:03 ctp: Internals about as flat as they can get 14:03 YO: I am just trying build fortitude and have to admit seeing your success is AWESOME 14:03 YO: thats why all the questions just trying to lear 14:03 YO: learn 14:03 YO: : ) 14:03 lendar79: few days ago I said that "my trading evolved again" listen learn and practice... :) 14:04 allyn: more use of histogram I presume :) 14:04 Game0ver: lendar do you use TOS 14:05 lendar79: u cant hesitate! take trades becouse of the right set up not to make money or worry about the loss 14:05 Cynthia E: Okay - gang! I'm back 14:06 Rhemabound: woohoo :) 14:06 mrandersen10: hola 14:06 otto1939: we miss you 14:06 lendar79: whats up bss 14:06 YO: Cyn can you touch on scalping like lendar vs 1 to 3 freat set ups 14:06 Cynthia E: My apologies for the delay - had some "child" behavioral issues to resolve 14:07 YO: it is my past experience and I think many new traders like the faster action 14:07 Eminiess: Bad horse 51

52 14:07 ctp: horses fighting over hay? 14:07 Rhemabound: no problem..missed you - but 'life happens' 14:07 Game0ver: omg 14:07 PJ: Uh-oh who is misbehaving? 14:07 YO: and seeing the great results by some really gets my IFS going 14:07 allyn: horse discipline 14:07 YO: how do I control that mentality 14:07 Cynthia E: YO - it's about being extremely proficient at understanding TREND. 14:08 YO: and seems lots of SOH days when could be little profits 14:08 Cynthia E: Daddy Pancho just came home this weekend and he is having some re-entry issues - fighing with the other geldings - and those of you that know horses know that stallion behaviour is extremely dangerous if it isn't dealt with swiftly. 14:08 YO: so fair say if trend days only 2 out of 10 Just have keep KNOWING that system will get those HR's and one good trade is all we need 14:09 Cynthia E: You don't YO. You MUST become good at one side before trying to blend the two. 14:09 Eminiess: MAle issues... lol 14:09 YO: I am still getting disciplined to NOT overtrade but days like today make it harded 14:10 Cynthia E: Exactly. Yes they do YO. 14:10 leftie(rdk): I promised my family, I would not overtrade, I have a big sign in my room 14:10 Cynthia E: Think of a sports analogy. 14:11 Game0ver: hail Mary...lol 14:11 Cynthia E: If you're goal was to be an Olympic Skier - you wouldn't go to the slopes and start on black runs - just to "show yourself you can do it" - 14:11 ctp: Our descending triangle on the is still holding, even with that little run up 14:12 Cynthia E: You would start on the training runs, and move up step by step - one day achieveing the ability to conquer black 14:12 leftie(rdk): consolidation here 14:12 Cynthia E: *achieving 14:12 Cynthia E: Trading is the same - it is progressional learning. 14:13 YO: makes sense cyn, 14:13 Cynthia E: You must learn to recognize large long term trends like our trend from Sept to Nov 16 was down - then from 11/16 to now we've been in a counter-trend move of THAT trend. 14:13 YO: unlike that skier we have to SOH and NOT trade to "show self can do it" 14:13 YO: skier gets to do something :) 14:13 Cynthia E: So you RECOGNIZE that we are COUNTER trend to the big picture 14:14 Cynthia E: Then you have to start going faster and faster. 14:14 Trader2011: LOL. As a kid I used to watch all kinds of people try black runs right off the bat. Either they drank too much or their ego was too big. The other group was friends of someone where they were skiing with who thought it was funny to put them on a black run. 14:14 DJR: Ouch! 14:14 Cynthia E: If you are not EXPERT at building your own morning update - in other words - if you can't look at a DAILY or longer chart and see "the turns" BEFORE they occur - then it is unlikely you can do it on intraday tick charts. 14:14 Carol: I need my training wheels on 14:15 Cynthia E: More importantly, if you have not become strong at trading WITH the trend - then you definitely shouldn't be trying to pick off points in the retracements. 14:15 YO: yes agree cyn All in time patience and discipline are also things I am working on 14:15 ctp: "Trading Wheels" Carol? 14:16 Carol: Your right 14:16 Cynthia E: I've always preached trade reversals not retracements - it's not that one CAN'T trade retracements - it is that one shouldn't even try until TREND and REVERSAL have first been mastered. 14:16 leftie(rdk): are we rolling over? 14:17 Trader2011: In kiteboarding they call the learning stage the "progression" because you build on each prior day. Learning the kite, wind, ocean and how they all interact. There are a lot moving parts just like trading. 14:17 Cynthia E: And I wanted to comment on the statement I made to Mrandersen! 14:17 Cynthia E: That today isn't a bad day because of losses. 52

53 14:17 Cynthia E: All days are good days and losses are part of the business. 14:18 ctp: I would love to learn to do that trader. I windsurf, but kiteboarding looks so much more fun 14:18 Cynthia E: Mrandersen - the reason is it absolutely vital to truly BELIEVE that such that you do not affect your mental state is that you have to always set yourself up for positive mental thinking. 14:18 mrandersen10: apologies, just moment of weakness/frustration 14:18 Trader2011: It's a blast.!! 14:19 Cynthia E: Look at me - I've taken 2 trades, one down -1.25, one down but I was up 5.5 yesterday - so I'm net :19 Cynthia E: NOW... 14:19 Cynthia E: what if tomorrow we get the break we've been waiting for and we get $10 in one trade? 14:19 mrandersen10: ya I gotcha 14:19 Cynthia E: Now we'll be at with two days left to go. 14:20 canucck: re kiting, it is hard to trade in the morning if the wind is blowing. it is extremely addicitive. need a few good trades to allow yourself to get to the beach early. 14:20 mrandersen10: not a race, and in the long term the system is profitable 14:20 Trader2011: I've met many people who have moved from windsurfting and love it. The other great thing is that it's so much easier to travel with the equipment. I met pilots who keep the gear in the cockpit as they fly their long hauls. 14:20 Cynthia E: If you say - today is terrible - tomorrow you come in determined to revenge trade it back - your heads not in the right place and you end up in a trade the wrong direction of the 10 pt break and screaming at yourself again about why you just can't get this. 14:20 DJR: Been There! 14:21 leftie(rdk): me too 14:21 Trader2011: Canucck that's why I'm doing this. I worked for a couple of years in Hawaii and want to retire their and kite every day. 14:21 Trader2011: I didn't get serious until I had to leave the island and come back to the mainland. 14:21 canucck: just got back from 2 months at the "South Padre office". 14:21 otto1939: nice goal, Trader 14:21 YO: perfect example and explaination thanks cyn, so easy to fall into the overtrading habit 14:21 Trader2011: My wife and kids are also game to move to the island. 14:22 ctp: I would love it 14:22 Trader2011: I would consider SP as well. I went to school in Texas. 14:22 Cynthia E: Yes it is YO. This is a marthon not a sprint 14:22 Trader2011: My wife wants a bigger city though. 14:22 leftie(rdk): Cyn, did you write any horse training books? 14:23 Cynthia E: I'll go Trader I'll move the horses to the beach :) 14:24 canucck: Lots of horse riding on the beaches at South Padre. Trading, kiting, horses and beach - a place for everyone! 14:24 Eminiess: Live in Hawaii for 5 yrs, would go back 14:24 Trader2011: LOL cyn. the big island has a couple of huge ranches and plenty of people with horses 14:24 ctp: Cyn, this could be a long setup here, but we are still within the descending triangle. Does that come into play? 14:24 Mark99: 1403 was such a battle this morning it was at tha uptrend line test from the last 12 days, as drawn on the daily. held like a champ 14:24 allyn: Cyn the balance area remains the same as you posted before lunch? 14:25 Trader2011: Trading also reminds me of fishing with lures (sp). you have to pick the time and the right place to cast your line. 14:25 leftie(rdk): divergence long? 14:25 Cynthia E: Yes CTP - I'm more concerned about still being inside the balance area than within the triangle - because the time has built a nice divergence. 14:25 Cynthia E: Yes RDK 14:28 Trader2011: Cyn. I really have the feeling that larger traders want to push the market up for year end. I was looking through the daily's and weekly's S&P last night and just seems that they don't want anything to fall too much. This includes apple which makes such a large % of the S&P. Do you get the same feeling? 14:28 otto1939: Fishing and Trading; I loved to go fishing when I was fishing I always felt a bit silly. I love to trade, when I am in a trade - I want to get out 53

54 14:29 Cynthia E: Yes - it is what I have been referencing on the MONTHLY comments on pg 1 of the Morning Update. Money Managers do not like to tell clients they are done and lost for the year - they work rather hard to prevent that scenario 14:30 Rhemabound: on 4 hour GS chart - there is a breakout to the downside from consolidation for approximately a month - bb's are spreading... this bodes for bears to me...also - AAPL should be flyin - it's not. noted imo 14:35 Cynthia E: lendar - I have one more 14:35 mrandersen10: scenario im looking at is we may continue to slow crawl/chop down towards the top of the downward channel on the daily perhaps more. then the deal is suddenly reached mid month rocketing the mkts higher and regaining all the losses making all those managers' year. 14:36 Cynthia E: That's probably exactly what will occur mrandersen 14:37 Trader2011: Thanks Cyn. Just learning to fish. I read your report daily but want to understand the underlying thought process. I tend to be rather analytical and look a psych since at the end of the day the longer term actions are based on emotions and peoples biases. 14:38 NPR: The new fear which is starting to creep into the markets is about earnings. So, after a deal is reached and money managers take the mkt higher into year end, we should see a pull back after the year closes prior to earnings season kicking off...another scenario to be thinking about 14:39 ctp: Potential short here Cyn, or not because we are in the middle of balance? 14:39 Cynthia E: right - I'd want to see the balance range break first 14:39 ctp: I guess it could be a possible long too 14:40 ctp: this is where I often get in trouble! 14:41 Cynthia E: Trader that is great - and I was trying to confirm your reasoning. I do think it is very hard for money managers to tell clients they had a losing year - and they work very hard to bolster the market or "window dress" their results to prevent it. In other words, large money is looking for any reason to get bullish on this market just because of time of year. 14:42 ctp: Nice long setup 14:42 Cynthia E: True NPR - earnings are starting to show the consolidated effects of the economic slow down 14:42 Cynthia E: see how quickly you flipped sides ctp? 14:42 ctp: Yes - LOL 14:43 Cynthia E: YO - do you see how quickly CTP was just "short" - then "long"? 14:43 ctp: That's what I mean about getting in trouble! 14:43 otto1939: and the ERG is still purple (TOS) 14:43 Cynthia E: not picking on you CTP - great example though of YOs post lunch question 14:43 ctp: just trying to be FLUID! 14:43 DJR: They will eat you up, chew you up, and spit you out! 14:44 YO: play is SOH and happy about it : ) 14:44 NPR: S&P500 earnings have held up nicely thanks to Apple and the banks which have been releasing reserves off their balance sheet...these factors are now not as positive as they have been 14:44 Cynthia E: right - but what does that tell you - if 3 minutes apart you can see a strong short - then a strong long? what is the answer REALLY? 14:44 Cynthia E: YEAH DJR! :) love it :) 14:44 Cynthia E: chomp chomp 14:44 NPR: CHOP 14:45 DJR: Wait for a good set up! 14:46 YO: x mas tree on breadth 14:46 Cynthia E: Right! CTP it tells you exactly what you already know and just said - but aren't weighting enough in your pre-trade check list. 14:46 Cynthia E: 13:39 ctp: or not because we are in the middle of balance? 14:46 Trader2011: 1406 looks like battle area going all the way back to Wednesday last week where it turned from resistance to support. Looks like the same battle today. 14:46 ctp: Touche! 14:47 Cynthia E: See Chart on Next Page: 54

55 14:47 Cynthia E: Here is the updated histogram! Give it the significance it deserves for where we are. 14:47 ctp: This is exactly why last Friday killed me! 14:48 ctp: We are breaking the triangle by time, not price 14:48 Cynthia E: Fluidity, and this is important for ALL of you!!! Fluidity does NOT mean being willing to trade either direction in the market - it means RECOGNIZING what IS happening rather than what you THINK, WISH, or HOPE is happening - and very often it means recognizing that NOTHING is happening.! 14:49 hijack: do you like the monkey bars on TOS as a historgram 30 min? 14:49 ctp: That needs to be copied to the Bulletin page so I can see it several times per day! 14:49 Cynthia E: Remember we regularly say: we want to SOH balance and take our trade opportunities on the IMBALANCE - we are NOT imbalanced right now. 14:49 Rhemabound: no kidding CTP - that is BIG 14:51 Rhemabound:..'waiting' and 'soh'...are such 'trickers'... makes you think you're not doing anything - when really..you are... timing is everything. timing..or bust. 14:51 Cynthia E: Done! IT is on the Bulletin Button Now! I'll leave it there for the rest of the week! 14:51 Cynthia E: You got it Rhema 14:51 Rhemabound: cool - on the bulletin button. 14:51 Cynthia E: hijack - is that question to me? 14:52 hijack: y 14:52 Cynthia E: no - I think you are missing a tremendous amout of imporant info and detail - Ensign is much better - and those that have switched, know! ;) 14:52 ctp: Cyn, are the single TPOs on the top and bottom of histogram considered weak? 14:53 ctp: "C" and "I" 14:53 Cynthia E: they are still considered buying tails and selling tails - but they are a bit small to call them strong 55

56 14:55 Rhemabound: big lesson for me...and I confess haven't fully mastered... trading isn't about 'trading' ultimately... it's about profits. we just trade to get them. 14:56 DJR: As Brad says, trade well and profits will come. 14:57 Rhemabound: it helps me to fight the urge to be 'trading' all the time... My goal is to be making money - which means.. I don't need to be always trading.. 14:58 otto1939: Rhema: very stright forward: zero to 3 times a day 14:58 otto1939: straight* 14:58 Rhemabound: yes,... emphasis on '0'...lol - that's the hard one in that goal 14:59 otto1939:!!! 14:59 Rhemabound: have you seen my good stock GS?...lol - loving it,...woohoo 15:02 ctp: If you draw a horizontal line on the 3600 at 1408, you could then draw a "V" under it starting around 10:30. Is this any type of pattern? 15:03 Cynthia E: If we were to push up and over 1408 here we would have a shot at at 1412 retest - on the downside we need a clean break of :03 Cynthia E: otherwise our current bell curve is about a perfectly symmetrical as they come. Starting to look like Friday with wings - lol 15:06 allyn: current poc has traded in every half so far ( I believe) 15:06 allyn: just as last fri 15:07 Cynthia E: all but 'i' 15:07 Cynthia E: setting for the long here 15:08 allyn: yep on I missed that :) 15:08 YO: LONG :08 Cynthia E: yep LONG ENZO :09 otto1939: long :09 DJR: long :10 allyn: long :10 Carol: L :10 mktpower: long :10 Mark99: Ditto Ditto 15:11 Birdy: long :11 Queenie: long >>here I go again 15:13 allyn: looking base hit here 15:13 Eminiess: I have to leave, I hope that is long works out for all. 15:13 Cynthia E: Bye Eminiess- have a good evening 15:14 allyn: thanks 15:14 Eminiess: u 2 15:14 allyn: cu 15:14 mktpower: cu eminiess 15:14 Carol: CU Eminiess 15:14 leftie(rdk): thxs, 15:14 Birdy: bye eminiess 15:14 YO: I was expecting bigger "pop" 15:14 YO: bye eminiess 15:14 Tombo: bye E 15:14 Eminiess: bye all! 15:15 Birdy: tick climbing 15:17 lendar79: nvda 15:18 Cynthia E: OUT SCOUT :18 bru17: lendar hope you feel loved here and not battered 15:19 RMFJ: chop city 15:19 Cynthia E: trade not performing - TPOs rolling back into balance area. Dalton would call this "looking back" 15:20 Cynthia E: Others can hold this with the WMA as usual if you choose to 15:21 drva777: so wma our exit would be 6.25 ish 15:21 drva777:? 15:22 Birdy: flat -1 56

57 15:22 Queenie: out :22 ctp: I looked for Keppler's book last night. The hardback is around $55, but the Kindle version is over $100. What's up with that? 15:22 Cynthia E: if you actually close at the line yes, otherwise you would wait for the close over 15:23 Cynthia E: no idea ctp - that does seem strange 15:23 Queenie: This is not looking good on my portfolio 15:23 mktpower: out =.75 Boy am I nervous today about trading live. I still sticking with the plan. 15:23 mktpower: :23 Rhemabound: internals a bit of a mess 15:23 Cynthia E: $55 is good - I paid $86 for my copy 15:23 ctp: Kindle cost is usually about 80% of hardback 15:23 YO: OUT :23 AspenTrader: there is a trend 6.00 that should hold 15:23 Cynthia E: good job mktpower 15:23 Cynthia E: thanks Aspen 15:24 RMFJ: I'm -4 today...so might as well give this one some room...uhhh 15:24 otto1939: out :25 ctp: Careful... don't make it -8 15:25 RMFJ: we "should" at least test 09 15:26 ctp: yeah 15:26 Cynthia E: Nice Aspen - good eyes 15:26 allyn: staued in on /dx weakness 15:26 allyn: */dx 15:26 RMFJ: lol :26 allyn: so far :) 15:26 RMFJ: yay.. 15:26 bru17: yo your arrow 15:27 mktpower: I think my copy of Dr. Keppler 's book came today too YO. 15:27 YO: thxs bru 15:27 DJR: out :27 RMFJ: I've had a pretty horrendous last 6 straight days of trading 15:28 RMFJ: sigh 15:28 mrandersen10: you're not alone 15:28 RMFJ: at least I'm making money on my swing trading... otherwise, I'd be going to early happy hour 15:28 Cynthia E: Again Marathon - not sprint! 15:28 ctp: It will get better RMFJ. Prior to last month, I had a pretty horrendous last 6 months of trading! 15:29 Cynthia E: We've had low volume, consolidation days. 15:29 RMFJ: definitely a Marathon... and I'm hitting the wall :) 15:29 allyn: like Aug 15:29 Mark99: ha ha 15:30 Cynthia E: as Lendar said earlier - you take the trade and monitor - you can't take it personally when it doesn't go your way - you cannot control the market, only your mental reactions :) 15:30 RMFJ: oh totally true! I'm really managing the trades as best I can... and not overextending so I can take the loses... just need the mental juice a few wins will give me! 15:31 Birdy: plenty of people made money today, just not our day today. tomorrow will be better. 15:33 YO: last 30 mins 15:33 ctp: Gonna roll over and close at the lows? 15:34 Birdy: cyn, just curious, how did you reprimand Pancho? wouldn't have a clue what to do if he's picking fights. 15:34 Rhemabound: GS needs to pop $1 to take back that 50 day ma - likely not gonna happen 15:34 mktpower: Tomorrow is another day. Fresh day. Start over. Maybe my nerves will get better. I fought myself today not to take profit on the trade before last. It did turn out to be a loss. I understand that we need to let the trade work but it is very very difficult. I know from experience that the moment you take the point in the trade is where the trade gives the 3 + points. I also understand the methodolgy of the risk reward ratio. My sim trading showed that you can still have a positive outcome for the month if you follow the rules. I will be disciplined in my trading technique. 57

58 15:35 Birdy: I'm with you mktpower. 15:35 allyn: out :36 RMFJ: anyone know where I can buy a crystal ball? 15:36 RMFJ: that'd be nice to have 15:36 Birdy: flea mkt 15:36 YO: I'll sell you mine, seems to be broken 15:36 Rhemabound: Cyn has the next best thing - trade reality...fluidity Traders :) 15:36 NPR: yes, I can sell you one :) 15:36 RMFJ: hehe 15:37 Mark_C: Cyn - when you place a trade could you give your first target as well it would help me determine what I am seeing when I look at the charts 15:38 Queenie: After trading all day, millions of shares, the S&P is down.88. Amazing 15:38 RMFJ: BAC is forming an incredibly nice ascending triangle 15:38 RMFJ: love it 15:38 Cynthia E: Yes Mark - I'd be happy to do that - I try anyway - sometimes just forget to post 15:39 Mark_C: thanks 15:39 Tombo: 1407 like a magnet stack # 15:39 Rhemabound: was going to say - she typically does 15:41 Cynthia E: Birdy - it is just about building respect. Horses have a perfectly vertical hierarchy. Alpha, then beta, on down to Omega - no two get equal footing. Then in working with them you teach them you are Alpha - a benevolent dictatorship. 15:42 Cynthia E: Rotating back to the POC again 15:43 alice: Nite all 15:43 mrandersen10: gn alice 15:43 Carol: bye alice 15:43 Birdy: horses can be stubborn sometimes, I guess they are testing your Alpha ability. ;) 15:43 allyn: nite 15:43 mktpower: gn Alice 15:44 RMFJ: I tried the same Alpha tecnique with the wife...but she won 15:44 Carol: good for her 15:44 RMFJ: lol 15:44 Tombo: lol 15:44 RMFJ: :) 15:44 Birdy: lol rmfj 15:44 mrandersen10: lol 15:45 Cynthia E: In this case Birdy - I had a halter and lead rope on him, I asked him to approach the horses he is fighting with respect (no ears back, or aggression) - if he stands calmly he is left alone, if he charges - I pop on the lead rope and give him a firm back up signal for about 200 feet (much farther than he would like to go) - then pause until he figures it out. Then start again. When he blows out, and relaxes, and stops the aggression the lesson is over - so long as he continues, I have to repeat until he understands. 15:46 Queenie: I'll have to try that on my husband 15:47 Carol: just like she teaches us 15:47 mktpower: You are a great leader! 15:47 Birdy: excellent training technique, in here too! 15:47 Rhemabound: 'leader' is so key - she doesn't force us - but stays consistent with her actions and her lessons... love that 15:48 Cynthia E: In today's case it took 2 back ups, and some directional leadership from me. When I could tell he had it - I took the halter off WHILE he was standing with the other horses - as I moved away across the yard - he looked at the other horses, blew out and walk head down, calm and patient to his hay on the other side of the pasture and started eating - so I KNEW then he got the meaning. 15:48 Rhemabound: so cool Cyn 15:48 allyn: looks like a plop coming 15:48 mktpower: Wow that's incredible. They are so smart aren't they? 15:49 Rhemabound: I didn't see the much talked about video the other day - you training a/the horse/s? 15:49 Cynthia E: they are! 58

59 15:49 Cynthia E: I'll send you the link Rhema 15:49 Rhemabound: awesome - thanks! 15:49 Cynthia E: Not seeing it Allyn - keep supporting off :49 mrandersen10: can u send me the link too :) 15:50 allyn: big spike in /dx but maybe divergence 15:50 Cynthia E: I keep saying I could teach you all the "market psychology" SO much faster if I could have all of you standing in front of me while I train horses - the parallel is uncanny 15:50 Cynthia E: sure mrandersen 15:50 ctp: You just want to use the whip on us! 15:50 Birdy: I'll pack my bags, whats your address 15:50 Rhemabound: I believe that... psychology 15:50 mktpower: You are so smart too! 15:51 Rhemabound: lol Birdy 15:51 Cynthia E: yes for over-trading CTP - lol 15:51 Cynthia E: too funny Birdy 15:51 Tombo: vol tracking low for end of day 15:51 ctp: LOL - I know 15:51 Cynthia E: You are right Tombo - it did this yesterday too - higher all day until last two periods 15:52 Carol: :53 RMFJ: I didn't overtrade today... so maybe I'll count that as a small victory 15:53 Cynthia E: Now rotating down Allyn - but unless we get a strange end of day spike - I don't see us blowing through the balance area - just completing the symmetry 15:53 Cynthia E: Indeed RMFJ! Very good 15:54 ctp: Well, I think I'm done for the day. I need to to check on the fam. Thanks for the lessons today Cyn! +4pts for day. 15:54 drva777: gn everyone :) 15:54 Rhemabound: cool CTP - get that Dad hat on...great day for you! 15:54 Queenie: Good nite all 15:54 otto1939: ^4 ctp! 15:54 mktpower: gn drva777 15:54 Birdy: ctp ^5 15:54 mktpower: gn ctp congrats on your positive day! 15:54 Cynthia E: Nice CTP! Excellent - job well done! Have a good night 15:55 Cynthia E: GN drva! 15:55 Carol: ctp ^5 15:55 otto1939: + 3/4 point here, happy with the result 15:56 Cynthia E: Congrats otto 15:56 otto1939: thanks Cyn 15:56 Carol: CU all tomorrow-losing day for me, but I stuck with the trades and let them play out. 15:56 bru17: nice job ctp n otto 15:56 mktpower: pts today. 15:56 Cynthia E: Nice Carol! Well done! 15:56 RMFJ: I'm taking the lack of a major sell off today (and yesterday for that matter) as a fairly bullish signal... 15:56 otto1939: good show, Carol 15:57 Birdy: c u tomorrow Carol, rest up 15:57 RMFJ: market's had ever opportunity to sell off drastically w/o doing it 15:57 Cynthia E: good perpective RMFJ - I'll look at that in the Morning Update :) 15:57 bru17: not so sure RM one more day possible gap down this week still 15:57 Carol: small victory-good night all 15:57 allyn: nite 15:57 Cynthia E: baby steps Carol :) 15:57 Cynthia E: Night Allyn 15:57 RMFJ: maybe in a holding pattern until "THE CLIFF" duh duh duh gets fixed 15:57 allyn: Caral and all :) have nice evening! 15:58 Tombo: 2 trades +4 and B/E 59

60 15:58 RMFJ: hollywood should make a horror film about the cliff 15:58 Cynthia E: Just FYI - I have an after market meeting with Ensign Howard to work on automating the ES Volumes page to the site - so If I suddenly disappear everyone have a great night. 15:58 otto1939: ^4 Tombo 15:58 RMFJ: thanks Cyn... you too 15:58 bru17: gn folks 15:59 Cynthia E: lol RMFJ - I like that idea - let's write the screen play 15:59 mrandersen10: gn 15:59 NPR: Thanks Cyn! Night everyone 15:59 mktpower: Everyone and Cin, have a great night. See you all tomorrow! 15:59 Birdy: cyn, not to bug you but did you send that ? 15:59 RMFJ: Bru... I'm think more upside risk in overall market vs down still... but who knows really! 15:59 bru17: the shadow do 15:59 RMFJ: maybe I'm too optimistic 15:59 Cynthia E: oh- no sorry Birdy - Pancho distracted me - I'll get it out, promise 15:59 Birdy: ok no problem 16:00 RMFJ: we've failed to take out 1400 after ample opportunity to do so... seems like a major mental barrier at that # 16:00 RMFJ: maybe gap down below there will get the bear party started...but bulls seem intent on defending 16:02 RMFJ: well... I'm spent! have a good night everyone 16:02 RMFJ: see y'all manana 16:03 Mark99: RMFJ good night 16:03 Rhemabound: ok - have to run - out of my GS short at end of day - can't hold overnight -...had low delta - broke even - time decay kept me from getting too far ahead...could have had a little profit - but decided to see if it would fall more... can't trade ES yet - but one day. For now I follow Cyn...and trade options... g'nite all - thanks Cyn - great lessons as always!! 16:05 Cynthia E: GN Rhema 16:05 Cynthia E: Bye RMFJ - have a good night - you too Rhema 16:07 PJ: Good night all, see you tomorrow 16:07 Will: cyn Question I just downloaded and installed Infinity TA and established a dermo/paper account. When it installed I nocticed references to Transact. Is this normal? 16:08 otto1939: infinity own transact-- or the other way around 16:08 Cynthia E: Yes - but make sure that you contact Josh Harris to get set up properly. Transact is their parent company 16:08 Cynthia E: Night PJ 16:08 Will: Very good. I'm working with Patrick 16:08 Cynthia E: okay - you are good then 16:09 Cynthia E: Patrick is Josh's team partner 16:09 mrandersen10: im talking to them right now :) 16:10 Cynthia E: awesome! 16:10 Cynthia E: they actually have 3 guys there that can service our accounts - we'll be well taken care of! :) 16:11 kendawg23: Hi CYN I just got in today looks like a tight day still looking bearsish 16:12 Cynthia E: Yep - a challenging trade day - relatively tight balance day. The overnight will be important relative to the two previous poor lows and today's balance area. 16:13 Cynthia E: Looking like we will close right at the POC which to Mark's point earlier is yesterday's poor low and close 16:14 kendawg23: I agree. seems maybe like support on the daily. almost a doji at some solid support 16:15 Paul22: Thx Cyn Gn All 16:15 Trader2011: +3 on one trade for the day. Thanks Cyn!!! 16:15 Cynthia E: Gn Paul! C you tomorrow 16:15 Cynthia E: Fantastic - ^5 Trader 2011, nice job 16:16 otto1939: cu tomorrow Cynthia, THANK YOU 16:18 Tombo: gn guys 16:18 Cynthia E: Thanks! Otto! :) Have a wonderful evening. 60

61 16:18 Trader2011: I"m still working on balancing trading with working. but I'm getting better. 4 more weeks and will start using live money. I'm spending much of my time looking at the chart for clear entries setting the open there and monitoring to the exit. Your help has been invaluable. 16:18 lendar79: have a good night everybody:) 16:18 Cynthia E: GN Tombo - good evening to you 16:18 Tombo: and gals 16:19 Cynthia E: Wonderful Trader sounds like you are doing a fantastic job. 16:19 Cynthia E: GN Lendar - check your 16:21 Trader2011: Off to work I go. have a good night everyone!! 16:23 kendawg23: I hope to been "in" tomorrow c y'all then 16:23 kendawg23: test color End of Chat Roll for Tuesday, December 4,

62 Fluidity Trader Chat Room w/cynthia E. - Wednesday, December 5, 2012: Page Begin Page End Wednesday :30 *** Hello Fluidity Team Traders Welcome! *** 7:30 *** DAILY TRADE TIP*** Fluidity, and this is important for ALL of you!!! Fluidity does NOT mean being willing to trade either direction in the market - it means RECOGNIZING what IS happening rather than what you THINK, WISH, or HOPE is happening - and very often it means recognizing that NOTHING is happening. ~ Cynthia E 8:11 ross: GM ADP employment report 8:15 est 8:35 Eminiess: Good morning 8:35 DJR: Gm 8:38 Eminiess: DJR 8:40 kendawg23: liking the short below 08 8:40 kendawg23: GM Y'all 8:47 Eminiess: I refreshed the chat and I am now hearing all, I mean all of yesterdays being read. How do I stop that? 8:48 NPR: GM all 8:48 kendawg23: try just 125 lines when you refresh? maybe? 8:48 Eminiess: k Im up to 12 pm ish now 8:51 otto1939: gm all traders 8:53 Eminiess: Cant stop the reading. oyr 8:53 otto1939: shut down, restart 8:55 Eminiess: good idea 9:04 alice: GM all 9:05 Eminiess: Hi Alice 9:06 alice: morning, Eminiess 9:07 Carol: GMT 9:08 otto1939: hi Carol 9:08 Carol: mornin otto 9:08 Birdy: good morning peoples 9:08 Eminiess: Birdy 9:09 Carol: hi Birdy 9:09 Cynthia E: Good Morning Traders! :) 9:09 Eminiess: Hi Cin 9:09 otto1939: gm Cynthia 9:09 NPR: GM Cyn 9:09 Rhemabound: GM Coach :) 62

63 9:09 kendawg23: GM Q o ES 9:09 DJR: Mornin Cin 9:09 Birdy: Carol, Eminiess, otto, alice, Cyn - good morning 9:10 Carol: Morning Cynthia 9:10 alice: morning Birdy 9:11 alice: and Cyn 9:11 Deb: Good Morning 9:11 leftie(rdk): Cyn, thankyou so much for your hard work with the website, you don't know how much I appreciate it!!! I'am learning a lot 9:12 Eminiess: Second that 9:12 Carol: me too 9:12 DJR: me too 9:12 Paul22: Gm All 9:12 kendawg23: hey hay!!! 9:12 Cynthia E: Thank you so much RDK! :) Eminiess, Carol, DJR :) Thanks. 9:13 lima: Gm all 9:13 Cynthia E: Morning Paul - were you able to get the Mkt Wrap last night? 9:13 Paul22: Yes Thx 9:13 Cynthia E: Great! :) 9:14 Cynthia E: Here is our overnight histogram. A very clear and clean double distribution 9:15 Cynthia E: Thus the important areas are the balance areas of each distribution. Starting on the top with (I see that as more prominent than our actual high at 1413 because of the very prominient POC from last Fri) 9:15 kendawg23: no chart posted? 9:15 Cynthia E: the balance low of the first distribution is , the balance high of the lower distribution is then of course we double bottomed on :15 Cynthia E: 63

64 9:16 kendawg23: TY 9:16 Cynthia E: There we go. Sorry - cleary I've not had my Morning Eye Opener Blend. LOL 9:16 bru17: gm folks 9:16 Eminiess: hey bru 9:16 Cynthia E: morning bru 9:17 bru17: I got the morning update Cyn but not the wrap up 9:17 bru17: emi 9:17 Cynthia E: You couldn't pull it up bru? 9:18 bru17: there was a message "defective"...but I was happy I could get the morning update 9:18 Cynthia E: The first copies of the Market Wrap and the Morning Update that went up to the site last night were corrupted. Paul brought it to our attention and we got it fixed - both files should now be available and accurate. 9:19 bru17: thx 9:20 mktpower: Good Morning all 9:21 Cynthia E: 64

65 9:22 otto1939: I can get to both files o.k. 9:22 Cynthia E: Here is our range on the it is a wide range channel - so we will need to give the market a bit of time here on the open as we are opening right in the center of it. 9:23 YO: yo GM all 9:23 bru17: Yo 9:23 bru17: Yo 9:23 otto1939: hi yo yo 9:23 Eminiess: hey yo 9:23 Carol: yo 9:24 Queenie: Good morning y'all. Looking forward to a great productive day. 9:24 Eminiess: Hi queenie 9:24 YO: yo otto, eminiess, carol and queenie 9:24 Carol: new day queenie 9:25 toomuch: gm all 9:25 kendawg23: yo Yo 9:25 Queenie: dang straight 9:25 Mark99: Good morning all 9:25 Queenie: let's git er done 9:25 john boy: I knew Larry was hiding in the crowd 9:25 YO: yo yo yo kendawg 9:26 Queenie: lol 9:26 Cynthia E: See Chart on Next Page: 65

66 9:26 RMFJ: The wrap up on the website is screwing up for me... I'm logged in, but everytime I click on it, it says you need to be a member to access 9:26 RMFJ:...weird 9:26 Cynthia E: On the DAILY - yesterday's lower close took us just outside the retracement channel to the downside - below the 61.8% level at and the SMA 50 9:26 RMFJ:...same as Bru 9:27 Cynthia E: RMFJ and BRU - close your browsers - clear your browser cache - then reopen - log back in - try again. 9:27 YO: happening to me as well 9:28 YO: until closed everything out 9:28 Rhemabound: I logged in at 8:25ish - I'm assuming the morning update is accurate... just checking 9:28 YO: happens once in awhile but ok once log in and back out 9:28 Cynthia E: yes 9:28 blank: 50 day sma is today? 200 sma ? 9:29 Cynthia E: It was fixed at about 11:30 CST time last night 9:29 Rhemabound: cool - thanks! 9:29 bru17: facebook is joinin the nas 100 on 12/12/12 weird or waht 9:29 Rhemabound: thanks Blank...important numbers to remember... 9:29 Carol: that was quick 9:30 Cynthia E: blank - I have 50 at , and 200 at :30 Cynthia E: Layla 9:30 blank: find the right number with TOS is not EZ 9:30 blank: finding 9:31 blank: what do you have for the gap? :31 NPR: aaple getting clobbered 9:31 TnHill_Billy: gm y'all 9:31 Cynthia E: gap blank? 9:31 blank: close 9:31 bru17: tenn 9:31 Cynthia E: Gaps are not based on closing prices but rather on highs and lows. 9:32 blank: okay 66

67 9:32 Cynthia E: as you study histogram more - you see why that makes sense 9:33 Cynthia E: Open AUCTION in a small range so far 9:33 Cynthia E: low confidence open 9:36 Cynthia E: We are filling in the middle of the two overnight distributions right between the 8.25 and 4.50 levels posted on the first chart 9:37 PJ: Good Morning everyone 9:38 YO: yo PJ GM 9:39 PJ: Hey Yo Yo Yo 9:40 Cynthia E: GM PJ 9:40 PJ: Hi cyn 9:42 Cynthia E: Very tight range consolidation this morning - so far we just need to be patient and see what sets up for us 9:43 john boy: I was going through the tool box last night and didn't notice any patience. was I looking in the wrong place? 9:43 PJ: lol JB 9:43 Vance: GM - 9:43 Cynthia E: lol 9:44 leftie(rdk): lol JB 9:44 Cynthia E: Good morning Vance! 9:44 john boy: this is the sort of market activity that gets me in trouble 9:44 mktpower: On the eye opener report when completing the overnight analysis indicated critical line up and long term mas flat. would you agree? 9:45 leftie(rdk): my mind is messed up, how's your book series coming along? 9:45 john boy: adding topics all the time 9:45 Cynthia E: Reading MAs - by the way - just as we look at the critical line and the long term MA and whether the critical line is above or below the long term average and whether they are trending up, down or are overlapped - you can do the same thing with the WMA - when all three lines are virtually flat and very close together - that is a VERY strong sign of consolidation and chop 9:45 leftie(rdk): sorry Cyn, about that patient thing, I'm messed up in the mind at times, Just like JB 9:46 Vance: Thanks... I FOUND my patience...it was in the tool box right under the Propofol! 9:46 leftie(rdk): lol 9:46 leftie(rdk): you guys are killing 9:46 leftie(rdk): me 9:46 Cynthia E: too funny 9:46 john boy: having fun and being patient, what a wonderful day 9:46 Eminiess: heading out to the garage to find tool box 9:47 leftie(rdk): lol 9:47 Cynthia E: hahaha Eminiess - :) 9:47 PJ: :) 9:47 otto1939: Emin: a 2x4 will do 9:47 leftie(rdk): no constipation yet JB 9:47 Eminiess: 2 x 4is a big ruler 9:47 john boy: lol 9:48 Randyr5: Can you put that Propofol on the rocks? 9:48 Cynthia E: hey - you stole my idea - I was going to get an upgrade Eminiess 9:48 leftie(rdk): lol 9:48 Eminiess: lol 9:48 RMFJ: I'll take my propofol w/a side of zanex 9:48 john boy: Cyn, walk us through this short set up 9:49 leftie(rdk): lol RMFJ 9:49 Tombo: Do we have new traders here today? 9:49 Cynthia E: As of now JB - there isn't a short I like. 9:49 john boy: some serious prescription drugs 9:49 Vance: I think there is a drink called the SleepingDaug (Propofol and grapefruit juice with a shot of milk) 9:50 john boy: Cyn, that is what I meant!... more patience 67

68 9:50 Cynthia E: We are still consolidating in the middle of the overnight distributions 9:50 Cynthia E: lol - got ya 9:50 Cynthia E: yes a few Tombo 9:50 john boy: on a serious note... 9:50 john boy: nah 9:50 leftie(rdk): patience patients 9:50 john boy: lol 9:51 Vance: Cyn - What cycle time for your ergs do you concentrate on? 9:51 Tombo: welcome guys 9:51 hijack: Cyn. what about zero line rejection 9:52 Cynthia E: Not sure I follow your question Vance? The chart is on a 3600 tick, and it is a visual reference on the cycle as opposed to a specific time frame. Can you clarify? 9:52 Cynthia E: on what hijack? 9:52 Vance: Ohh, you ansered the q. 9:52 Vance: thatnks 9:52 Cynthia E: indicators, internals? 9:52 Cynthia E: oh good Vance! Sure ;) 9:52 hijack: the Er G 9:53 bru17: apple gettin sliced 9:53 Cynthia E: This is a sign of more bearish action hijack - but it doesn't count as a trade signal because the market in general is too flat (MAs overlapped). 9:54 leftie(rdk): oh I see that, good point 9:54 Cynthia E: Vance - to be more specific I use a fractal chart view , 3600, 900 all tick charts - but the 3600 is primary trade trigger 9:54 Vance: Ah...thx 9:54 Tombo: internals continue to fade along with nq and tf 9:55 leftie(rdk): maybe today we will consolidate with in a range 9:55 ctp: is 50% retracement of overnight upward move 9:55 Cynthia E: thx ctp 9:55 ctp: Sorry, 61.8% 9:56 Cynthia E: ah! thx again 9:57 leftie(rdk): Cyn, meaning to flat, not enough volume 9:57 Cynthia E: Factory Orders and ISM Non-Mfg - 3 min 9:57 leftie(rdk): too 9:57 ctp: That would normally mean that if we break below that, it is highly probably that we will go back to the starting point at , right? However, because we are still within balance, it is not a high probability trade? 9:58 Cynthia E: yes RDK - price is flat - too tight a range for even "scalping" unless one is going to be extremely aggressive 9:58 ctp: *probable 9:58 Cynthia E: generally yes ctp 9:58 leftie(rdk): thank you 9:58 RMFJ: wow 9:58 leftie(rdk): Thanks, for your patience 9:59 RMFJ: breakdown, go ahead and give it to me! 9:59 Cynthia E: or patients :) lol 9:59 RMFJ: should play some tom petty this morning 9:59 RMFJ: ISM coming out must not be good 9:59 leftie(rdk): lol 10:00 Cynthia E: back to center of range again 10:00 RMFJ: factory orders increase 0.8% in nov 10:01 kendawg23: thank you stops trades 10:01 otto1939: ^3.25 ken 10:01 YO: yo good job kendawg! 10:01 DJR: way to go kend 10:01 Carol: good trading kendawg 68

69 10:02 Cynthia E: Nice job Kendawg! 10:02 alice: early win kendawg 10:02 kendawg23: thx y'all had it short and the numbers pop kicked me. ya profit 10:02 Randyr5: Y'all just hand on like yesterday. As soon as I have to leave the setup will be just about ready. I missed it yesterday by 6 minutes. 10:03 RMFJ: short looks more probable at this point, but if we break out of range after being in range decidely stuck in this range last few days I'll be surprised 10:04 Cynthia E: MAs on 3600 still very flat and virtually overlapped - histogram attempting extension 10:05 kendawg23: S1 10:08 RMFJ: soh day so far at the moment... I'm proud of myself not chasing anything this morning! 10:09 RMFJ: reversion to the mean! 10:09 leftie(rdk): yeah! 10:09 YO: nice job RMFJ helps build fortitude 10:09 YO: 1 to 3 great trades so far NONE set up 10:09 Cynthia E: Excellent RMFJ ^ 10 :) 10:10 leftie(rdk): nice to have patience 10:10 RMFJ: not patients! 10:10 leftie(rdk): lol 10:11 Cynthia E: You will all have to start calling me Dr. now that I have so much patients 10:11 leftie(rdk): lol 10:11 lima: :) Dr. C 10:11 Cynthia E: I do have my PhD after all :) 10:12 Carol: Dr. of /ES 10:12 leftie(rdk): where's JB, Dr C 10:12 Cynthia E: lol 10:12 TnHill_Billy: Dr. Miss Cynthia...sounds good to me 10:12 Cynthia E: haha 10:12 Mark_C: Dr. ES 10:12 Eminiess: Dr Cin 10:12 Cynthia E: there we go - I like that Mark 10:13 Vance: I'll be offline a few minutes FYI :) 10:14 Cynthia E: Internals mixed - Breadth slightly positive, A/D trying to break the zero line 10:14 Cynthia E: That's not allowed Vance - you're stuck with us. 10:14 Vance: I 10:15 Vance: I'm okay with being stuck, but I do require feeding from time to time! 10:15 leftie(rdk): we are waiting on JB to come back from the rocks! 10:15 Cynthia E: Feed me then! My fridge broke last night - repair man on way, all food gone - order in! :) 10:16 leftie(rdk): bummer 10:16 Eminiess: thats not good 10:16 Cynthia E: big pain in the :) such is life, smile and move on :) 10:17 leftie(rdk): how's Pancho behaving 10:17 NPR: Cyn: the fortitude mantra which you keep hammering away at us is paying off for me..stayed in a trade longer then I typically would and its paid of nicely for me this morning..thanks!! 10:17 Cynthia E: Great! No mishaps so far this morning. 10:17 Cynthia E: THAT is AWESOME NPR! 10:18 Cynthia E: Did you get the two new Mkt Psychology Desk Sheets from Hot Topics? 10:18 NPR: Its on my list of things to get to...very soon 10:18 leftie(rdk): great NPR, Oh good, I miss horses, their smell, I will never forget that, I did great! 10:19 RMFJ: BAC over $10 today... glorious! 10:19 NPR: thanks RDK 10:19 RMFJ: I've been on that like stink on a Monkey since below $5 10:20 Cynthia E: I asked because of your comment - very much the same things - you'll like them 10:20 Cynthia E: But nice handy little 1 page print outs to read out loud each morning before your trade session. 10:20 Mark_C: Other than the news why wasn't the 9 am time frame not a trade setup? 10:21 NPR: I'm sure I will...i actually do things along those lines 69

70 10:21 leftie(rdk): so helpful, can be easy to get discouraged at times 10:21 kendawg23: a nice down channel forming on the :21 Cynthia E: Histogram Range Mark C - let me post the chart. 10:21 RMFJ: st sto turning up, lt sto trying to break through descending trendline, ergo white and breaking above zero...fyi 10:21 RMFJ: sorry, mean st sto breaking above zero 10:22 Cynthia E: 10:22 Cynthia E: Here is yesterday - the overnight - and this morning. 10:23 Cynthia E: Our action this morning is locked between last nights double distributions, which for now is still a confirmation of tight range chop. 10:23 Mark_C: Is this "repair"? 10:24 hijack: Cyn what is your PH.D in if I may ask? 10:24 Cynthia E: hijack - see the About US page on the website 10:25 Cynthia E: Yes Mark 10:25 RMFJ: hopefully PhD is in psychology dealing with all us crazies 10:25 john boy: she is joshin' ya, she ain't got no edukation 10:25 Eminiess: lol 10:25 Carol: lol 70

71 10:25 TnHill_Billy: NQ & AAPL smokin crack 10:25 leftie(rdk): lol 10:25 Cynthia E: that's edjumacation - get it right JB - you went to the UofA 10:25 Game0ver: next on her list is MPHD... money piled high and deep 10:26 RMFJ: I went to Texas...we're also edjumicated 10:26 Cynthia E: nice - indeed GameOver! :) 10:26 Rhemabound: plus...she's a 'horse whisperer'... makes those buggers to behave! 10:26 john boy: been a while for me, they just have changed the spelling... new math 10:26 Cynthia E: lol ;) 10:26 kendawg23: a nice down channel forming on the :27 NPR: its intersting the market isnt down this morning given that apple is down 3.7% 10:27 john boy: at the bottom of the balance? 10:28 Rhemabound: stay tuned NPR 10:28 RMFJ: waiting on break below :29 RMFJ: I see that descending channel kendawg...its behaving so far 10:29 john boy: have removed hands from between butt and chair 10:29 TnHill_Billy: lol 10:30 Cynthia E: new half started 10:30 ctp: double bottom coming at :30 Cynthia E: price moving to test the double bottom low at :30 john boy: S :32 bru17: apple gettin killed ; dow up...disconnect 10:32 YO: IB high Mid point IB low range 7 10:32 ctp: Cyn, I just noticed that it will actually create a tripple bottom - yesterday at 13:26, overnight at 23:06 and now whenever it hits again 10:32 ctp: I bet it will be at 10:36 so they can all have the same last number on the time digit! 10:33 RMFJ: I'd like to see back up to 1406 before heading back down 10:33 Cynthia E: Yes it will be CTP 10:34 ctp: does that make it stronger than a double? 10:35 Cynthia E: yes - see the FAQ - Technical Analysis - Price Patterns pdf files 10:35 ctp: that seems to be contradictory to the theory that a price level weakens each time it is hit 10:35 Cynthia E: And look at Morning Update pg 3 left side of chart - we are getting stuck at this 1402/ level because of the number of POCs that occured there during the last balance range 10:36 RMFJ: ISM data wasn't that bad today... 10:36 RMFJ: seems like it'll take effort to push below and out of balance area 10:37 RMFJ: trade of the morning was probably getting short :37 Cynthia E: ctp - you are correct - unfortunately, that is why trading is mostly art rather than science 10:37 Cynthia E: the "door knocking" theory - is more immediate short term stuff, patterns need time and volume to establish S/R 10:38 RMFJ: lt sto still following nice trend down from overnight 10:38 RMFJ:...also bout to crow below 30 10:38 RMFJ: cross rather 10:39 Cynthia E: Yes - RMFJ, indeed - as you mentioned earlier a nice test up to the 1406 or critical line area and then a turn down would be a nice short set up 10:40 kendawg23: john boy u looking for :40 Zeke: looks like a short to me 10:40 john boy: Y 10:40 Zeke: everything looks neg 10:41 john boy: flat at :41 Cynthia E: :41 kendawg23: out for today 10:42 Tombo: +2 for a walk 10:42 Cynthia E: ^2 Tombo 10:42 john boy: good morning for ya kd23 10:42 Cynthia E: Fantastic kendawg!!! Well done JB 71

72 10:42 YO: nice guys! 10:42 ctp: 7 points on the bungie 10:42 kendawg23: thx y'all 10:43 kendawg23: might be firewood time 10:43 RMFJ: open the window...we've got a jumper 10:43 mrandersen10: AAPL -$28 10:43 kendawg23: S :43 john boy: you need firewood!!! I have the windows open and the fans going! 10:44 Zeke: Good day to buy aapl 10:44 RMFJ: I've got a 50% fib level at :44 RMFJ: actually 10:44 kendawg23: YES north east ohio right on lake erie 10:44 john boy: I understand now 10:45 blank: I was just in akron 10:45 john boy: good thing we don't need firewood here. Palm trees make lousey firewood 10:45 RMFJ: going short here 10:45 kendawg23: I heard that 10:45 Eminiess: Jb where are u? 10:45 RMFJ: looks in the cards 10:46 john boy: below Tampa about 1.5 hour. Lee county 10:46 Eminiess: k 10:46 kendawg23: retest then short again??? 10:46 Cynthia E: I was hoping that after the break out of distribution range we would get a retest /indicator cycle. Did not happen - breaking down 10:46 kendawg23: JB you got a pool or a pond? 10:46 RMFJ: we broke below the descending channel as well kendawg pointed out 10:46 john boy: pool 10:46 Eminiess: pool party at JB's 10:46 john boy: I like to see the bottom 10:47 kendawg23: hhmmm pond is better for me 10:47 john boy: anytime 10:47 kendawg23: ;) 10:47 ctp: That must be pretty close to Naples? 10:47 john boy: just north 10:47 ctp: nice 10:48 Queenie: JB, very familiar with Naples, My parents lived there for 35 years. 10:49 john boy: I don't go there much any more. can't stand the traffic. 10:50 john boy: a trip to the grocery to stock up on steak, lobster tails, tequila and beer and I pretty much stay at home 10:50 RMFJ: I may have chased this move 10:50 Eminiess: Now I'm really visiting...lobster and steak 10:50 kendawg23: you must have ur own lemon and or lime trees 10:50 Queenie: Sounds great 10:51 kendawg23: hhhmmm BEER 10:51 john boy: neighbor has a great lemon tree. 10:51 Randyr5: who needs veggies when you have tequila and beer. 10:51 john boy: kd, frig on the the lanai and in the garage are for adult beverages 10:52 john boy: aren't hops and barley considered veggies 10:52 kendawg23: in my book 10:52 RMFJ: out 10:52 RMFJ: was a poor short entry on my part I think 10:52 RMFJ: :53 kendawg23: sounds great JB 10:53 Queenie: In younger days, when my husband drank tequila he got to meet the local magistrate 10:53 mktpower: funny 10:54 john boy: Queenie, I am a professional, I don't deal with amature events 72

73 10:54 kendawg23: was the magistrate a big fan of Tequila 10:54 john boy: lol 10:54 Queenie: LOL 10:54 john boy: very good kd 10:54 Cynthia E: What I am watching for is for price to move back higher and test 1404 area as resitance as indicators cycle to trigger another leg short. 10:54 blank: I is where I come from 10:54 Queenie: Nah, just the stupid things it made him do 10:55 blank: he is 10:55 kendawg23: wow bye bye 10:55 RMFJ: stack # 10:55 Cynthia E: breaking down without looking back 10:56 john boy: this would have been 6 pts for me, had I stayed in 10:56 john boy: is that hindsight? 10:56 Queenie: 20/20 10:56 blank: Do know how hard it is for a magistrate to get a DUI ours did 10:56 Cynthia E: That is why the WMA is might helpful ;) 10:56 ctp: In hindsight, that retest of the critical line at 1407 looks pretty nice 10:56 john boy: that 4 candle consolidation might have been the recycle 10:56 kendawg23: breadth still slightly positive??? 10:56 john boy: yes, Cyn, still working on that fortitude, hate giving it back 10:57 Cynthia E: I know JB - it's hard 10:57 alice: out w/ 8 3/4 10:57 john boy: alice, you da girl 10:57 mrandersen10: ^5 alice! 10:57 Queenie: Go Alice 10:57 PJ: Fantastic Alice!!!! 10:57 YO: WOW alice WELL DONE! 10:57 alice: thxs, thxs and thxs 10:57 RMFJ: nice alice! 10:57 Carol: ^5 alice 10:57 DJR: good Alice 10:57 otto1939: nice Alice 10:58 bru17: nice alice 10:58 mktpower: YES! You have to love that! 10:58 kendawg23: go A go 10:58 NPR: Alice...great trade! 10:58 Cynthia E: That is super ALICE!!! WHOOOOOOOOO! Go Girl! :) On your way to the big points week again 10:58 Tombo: awesome alice 10:58 alice: I do, I needed that 10:58 Eminiess: Woot woot 10:58 TnHill_Billy: great Alice 10:58 ctp: Fantastic! 10:59 leftie(rdk): yeah! 10:59 alice: thxs, everyone, makes me feel good 11:01 kendawg23: 1396 S2 11:01 Tombo: 3 tick past stack # :01 kendawg23: 23.8% on the daily at 1397 I think 11:03 Cynthia E: So far on this sell off - volume tracking lower and breadth staying positive 11:04 kendawg23: so not as bearish as it may seem? 11:04 NPR: Apparantly apple is selling of due to increased margin requirements by the clearing firms (60% vs 30%) 11:05 Eminiess: ouch 11:05 Cynthia E: eek 11:05 Eminiess: time for Appl to split 11:05 NPR: President speacking 73

74 11:05 kendawg23: and some streaming music thing that they are behind on 11:06 Eminiess: what?! not reported he was going to be speaking 11:06 RMFJ: bahhh 11:06 RMFJ: cahsed 11:06 RMFJ: chased... 11:06 RMFJ: dumb 11:06 RMFJ: should have just held that 1399 short 11:07 mktpower: He's speaking right now 11:07 DJR: Who? 11:07 john boy: I heard the teleprompters were broken and he wouldn't be on 11:07 mktpower: sorry Pres 11:08 Queenie: lol 11:09 ctp: hole between 1401 and :10 john boy: index finger is wanting to break some rules 11:11 Eminiess: Sit on it 11:11 Rhemabound: break the index finger...no - I didn't say that did I?????...lol 11:13 Cynthia E: Chart setting up short here. Would like to see price fill the gap CTP is talking about as the indicators set to turn - but even if not - should be a nice set up 11:13 Rhemabound: I love it when she says that... 11:13 mktpower: me too. I will wait and wait for that. 11:14 Rhemabound: I am short AAPL...small contract but working nicely - this negative sentiment can have some wings on the champ 11:14 mktpower: The president is still speaking though. 11:14 Tombo: what wave we in 11:14 Rhemabound: if ES doesn't setup - and starts gaining to upside I'll take AAPL profs 11:15 Eminiess: Im guessing its about no agreement so far which would be negative for the market. whos listening to it? 11:15 Cynthia E: If we get a nice turn Tombo - this would be Wave 3 11:15 Queenie: I am, same ole junk 11:16 john boy: I am sure Bill and Hilary are glued to the screen 11:16 Tombo: ok thx 11:16 RMFJ: 1403 range is top of descending channel from overnight 11:16 Rhemabound: 60 crossing below 110 on :16 Cynthia E: Critical line is coming down to meet us for the test 11:17 Queenie: "I will not play that game, it's my way or the highway" 11:17 john boy: that sounds like a statement right out of constitutional law... NOT 11:18 kendawg23: DTL at :19 Eminiess: hole filled 11:19 Cynthia E: Hole filled 11:19 Queenie: DTL? 11:19 kendawg23: down trend line 11:19 Queenie: thanks 11:19 Eminiess: egr and stos still up 11:20 RMFJ: ergo and st sto starting to flatten out 11:20 Cynthia E: Very nice short set up building - 11:21 Rhemabound: hopin you were gonna say that! :) 11:21 Queenie: How Cyn 11:21 john boy: "Beat the Rush" 11:22 RMFJ: I'd love to see 1404 test 11:22 kendawg23: coffee!!! 11:22 Cynthia E: Old support around 1403/1404 area just tested - MAs coming down, LT STO pegged low with white dots, ST STO headed up getting ready to turn and ERG positioned to turn purple and cross signal line 11:22 Cynthia E: Not complete yet - but setting up nicely 11:22 Queenie: thanks 11:22 Cynthia E: sure 11:23 Rhemabound: 3600 or cyn? 74

75 11:23 Rhemabound: I do see that scenario in the but wondered which you were referring to... 11:23 Cynthia E: 11:24 Cynthia E: yes 11:26 RMFJ: short

76 11:26 kendawg23: what what what did he say? 11:28 Cynthia E: critical line test - nice 11:28 RMFJ: he said I'm the Prez... I d what I want, suck it rich people 11:28 RMFJ: :) 11:29 RMFJ: realistically, they just need to stop the bickering and get a deal done for the good of us all 11:29 kendawg23: too logical 11:29 RMFJ: should close below critical line here 11:30 john boy: no one interestged in the good of us all. Only interested in their parties 11:30 Rhemabound: which time frame RMFJ? 11:30 RMFJ: :30 Rhemabound: k 11:30 mktpower: The erg is powered up through 0 11:30 RMFJ: yeah I don't like that 11:31 RMFJ: watching :31 Rhemabound: I think when the mkt is reacting positively - his cronies say 'keep talking'... I swear I believe that 11:31 Tombo: vroom 11:31 mrandersen10: pull back to set up long now it seems 11:31 RMFJ: run over 11:31 RMFJ: ouchy 11:31 Cynthia E: This is why we don't employ the "beat the rush" technique :) 11:31 RMFJ: that sucked 11:32 john boy: amen, but it is a well liked chapter in the book 11:32 RMFJ: lesson learned there...maybe 11:32 mktpower: had a feeling it would do that 11:32 Rhemabound: internals still a mess - divergent and ad's negative 11:32 Cynthia E: ctp said 7 points on the bungee - I believe "there it is" is in order :) 11:32 ctp: yepper 11:32 Cynthia E: Strategy 2 in play now 11:33 RMFJ: sigh...back to :34 Rhemabound: is he done? 11:35 RMFJ: new hod in BAC 11:35 RMFJ: at least I got that going for me 11:36 ctp: is 61.8% retracement for move down 11:39 RMFJ: well... I continue my losing streak in the ES 11:39 RMFJ: fun times 11:39 RMFJ: at least I'm up 140% in BAC 11:39 RMFJ: :) 11:40 Cynthia E: See Chart on Next Page: 76

77 11:40 Cynthia E: A shift has now occured! The one time framing down has been reversed. 11:41 mktpower: Inverted h&s being created on 3600? 11:41 Eminiess: mine lookd different form yours, is ti a 30 min? 11:41 Queenie: I know how you feel, RMFJ. I got burnt yesterday and now I'm second guessing my ability to interpret the chart 11:42 Cynthia E: Yes Eminiess - mine has TPOs split out 11:42 RMFJ: thx Queenie, I need the sympathy! :) 11:42 Cynthia E: See Chart on Next Page: 77

78 11:43 RMFJ: I feel like I "know" whats happening, but its not correlating to my trading outcome at the moment...uggh 11:43 Cynthia E: Now we wait for the top side test to see if it holds and establishes a long opportunity 11:43 lendar79: 12.5 pt on /es over 25k on aapl:) lunch time:) good luck everybody:) 11:44 Carol: wow Lendar 78

79 11:44 alice: super lendar 11:44 Cynthia E: It's about that time - let's take our break while we let this set up and see if we get a nice set up for the afternoon. 11:44 Cynthia E: Congrats Lendar! :) Fantastic job. 11:44 hijack: nice Lendar on the ER'S 11:44 kendawg23: holly sh@t nicw 11:44 mktpower: You are live right Lendar 11:45 kendawg23: nice 11:45 mktpower: I have hope that I could see results like that in my future. Terrific job! 11:45 PJ: Wow Lendar, great day! 11:45 allyn: buy a Panera 11:45 mrandersen10: ok guys dont be forcing trades to "catch up" 11:45 allyn: howdy all 11:46 PJ: Hey allyn 11:46 Cynthia E: howdy allyn 11:46 Carol: howdy allyn 11:46 allyn: jsut got in 11:46 PJ: Your just in time for lunch 11:46 TnHill_Billy: good job Lendar 11:46 allyn: :) 11:46 RMFJ: A panera is going to cost you about $750K to open...lol 11:46 mktpower: hi allyn 11:46 Cynthia E: Everyone enjoy the break 11:46 RMFJ: but he's on his way 11:46 Cynthia E: ** LUNCH ** 11:50 PJ: Think I better re-read the E-Mini Trading Mantra over lunch :) 11:53 allyn: :) PJ 11:53 Eminiess: Nice lendar 11:53 john boy: PJ, would you record it and make it available as a book on tape 11:54 Eminiess: My historgram looks different the Cins 11:55 Eminiess: I refreshed 1 month 11:55 allyn: 10 test 11:55 kendawg23: yes yes yes 11:55 Tombo: wow 11:56 Eminiess: anyone know how to copy the histogram so I can it? 11:57 otto1939: windows 7 has a Snip tool 11:58 mktpower: click on the window of the chart. click ctrl button and prtscn button. Bring up Paint and paste it. Then open and import file. 11:58 Eminiess: tell me more 11:58 kendawg23: Strategy 2 retest :58 kendawg23: the :59 kendawg23: *then 11:59 kendawg23: greenday lunch 12:00 otto1939: called 'Snipping Tool.exe' --- search for it 12:00 kendawg23: I dont care, if you dont care! 12:00 Eminiess: ptrscan? 12:01 mktpower: printscreen 12:01 john boy: top row, with the function keys 12:01 mktpower: it might read something else pr sc 12:02 Eminiess: see it now trying 12:02 mktpower: all a little different 12:02 Eminiess: thanks 12:03 RMFJ: ergo is thru the roof right now 12:03 Queenie: wow, is anyone is this trade 12:03 alice: y 79

80 12:03 RMFJ: not yet 12:03 mktpower: I'm trading live so I am just following Cyn right now. 12:03 Queenie: go alice 12:04 john boy: go alice 12:04 RMFJ: alice what'd you enter at 12:04 Carol: Alice you are having a great day! 12:05 alice: I hope I don't give it back, in late on this one 12:05 RMFJ: go go go! 12:05 kendawg23: bang baby +10 for the day 12:06 Carol: woot woot kendawg 12:06 alice: super kendawg 12:06 mktpower: Way to Go!! 12:06 kendawg23: ty A you too girl 12:07 allyn: JB lost the PM here 12:07 kendawg23: it was the Green Day 12:09 mrandersen10: how many monitors do u guys? and how many do u think is sufficient to get a clear view of all the charts? thx. 12:10 Eminiess: now have a moving cursor on my charts 12:11 alice: I know everone thinks it crazy but I trade on my laptop, I can see everything at one glance 12:11 alice: from my recliner 12:11 otto1939: alice: me too 12:12 mktpower: I run two computers. Two monitors each. The chat room, news on one computer and the other has my trading dom, and charts. It works ok. I would rather have 4 on one computer plus the other computer as well. 12:12 Queenie: Me too alice, but I went one step further and attached a 25" monitor to the laptop 12:12 kendawg23: I use a stand alone desk top for trading only one screen and my laptop with 2 extra monitors oine to watch this and ST chat one to look at stuff and the laptop to do my other crap 12:12 alice: 900,3600, 15 min, internal and chat 12:12 kendawg23: I dont wont all stuff to slow down my trades 12:13 mktpower: I just ordered a super fast computer from tradingcomputersnow.com They make computers just for trading. 12:14 alice: out even 12:14 mrandersen10: thx guys, ive been on a laptop and im struggling to keep up w/ everything 12:15 mktpower: I traded on a laptop once. It didn't work very well. 12:15 Eminiess: I have 2 laptops and 2 small monitors. I dont have ever chart open 12:15 Eminiess: *every 12:16 alice: I don't know if I could focas on more than one screen 12:16 mrandersen10: alice, so to have a clear view of a trade, u just quickly toggle btwn all the different charts and you're comfortable w/ that? 12:16 Eminiess: I hear ya 12:16 mrandersen10: do u look at the 3600, 15, histogram, etc before makin a trade? 12:17 alice: No I have it all on one screen 12:17 alice: yes all 12:17 mrandersen10: o wow 12:17 alice: internal too 12:17 Rhemabound: myself - I like 147 charts - don't want to miss anyth! 12:17 alice: 17 inch 12:17 kendawg23: is 23.8 from th ebottom at 10:55 amest 12:18 Rhemabound: 'anything'... just kidding of counkrse - have alot - but working on cutting down! I need to go to 'charts anonymous' I t 12:18 mrandersen10: ok thx alice 12:18 Rhemabound: 'I think'...hmmm - can't type here...need a break probably 12:19 alice: I have additional charts that I look at but just for reference 12:20 mrandersen10: do u trade stocks as well or r u solely focused on ES 12:20 mrandersen10: I think my problem is im trying to follow 2-3 other stocks and it's just not possible to keep up w/ everything 80

81 12:20 alice: yes just /es, core stock long term 12:21 alice: I had that problem and decided to focas on just one instead of jump around 12:22 Rhemabound: I mainly watch ES - whichever currency is dominating - usually 6e.. I watch the DX..and AAPL and Finances...mainly 12:24 Rhemabound: of major note (amongst others probably)...we have stalled at over night high 1413 ish 12:32 kendawg23: queenie and rmfj what r y'all looking for tgt on th eup? 12:32 Queenie: I'm looking at strategy 3 12:33 kendawg23: like it still watching strat 2 but I can dig it 12:33 RMFJ: push it bulls 12:33 RMFJ: push ittttt 12:34 Queenie: ticks almost at :34 kendawg23: huge reversal 12:35 kendawg23: from 10:55 12:35 ctp: stalled at the top of the channel 12:35 Queenie: oops ticks down to :35 kendawg23: colling ctp colling 12:35 kendawg23: what what what coiling 12:36 Eminiess: who has a histogram? 12:36 kendawg23: poke your head up 12:36 kendawg23: use the back arrow on CYN posted charts 12:37 kendawg23: new highs 12:38 kendawg23: come on goowwa uppa 12:38 RMFJ: hopefully more pile on this train 12:38 RMFJ: get some more mo mo going to upside 12:39 mrandersen10: r u guys in from the WMA test? 12:39 RMFJ: im in at :39 mrandersen10: cool, good luck! 12:39 Carol: not in-waiting for erg to cross 12:40 mrandersen10: me too 12:40 RMFJ: its about to 12:40 RMFJ: got to break :40 kendawg23: come on 12:40 kendawg23: out another 2 point +12 for today sweeeeeeet 12:40 RMFJ: pop! 12:41 RMFJ: stack # next at :41 Queenie: good job ken 12:41 otto1939: ken the great trader! 12:42 RMFJ: nice job ken 12:42 mrandersen10: many of u r real pros now! fantastic! 12:42 kendawg23: thx otto I wont change my handle yet 12:42 mktpower: Very nice indeed Ken 12:42 RMFJ: this should... be our first 15min bar to close over :42 Queenie: I wouldn't go that far 12:42 kendawg23: careful longs 12:43 Carol: pat on the back kendawg 12:43 kendawg23: stalling action 12:43 kendawg23: thx carol 12:43 alice: great ken 12:43 RMFJ: erg crossing now 12:43 kendawg23: 5 out of 6 today for 12 points total F'in keeper 12:44 RMFJ: I'm letting this one ride... 12:44 RMFJ: lots of upside here imho vs the down 12:45 kendawg23: FJ you have a great up trend line as your stop ride it cowboy ride 12:45 RMFJ: thx ken! 12:45 RMFJ: I am in texas... 81

82 12:45 RMFJ: so might as well cowboy it 12:46 kendawg23: lucky guess cowboys or texans? 12:46 YO: yo yo kendawg your my hero nice day! 12:47 alice: like to see a cross of the ERG and white 12:47 kendawg23: Yo, Yo thx. thinking about shutting down for the day 12:47 RMFJ: ehhh I don't really like either actually...pro football not my thing 12:47 RMFJ: college on the other hand... 12:47 RMFJ: my longhorns didn't do so hot this year 12:49 kendawg23: Well I drank the ohio state koolaide at birth. how about 12-0 and no place to go because of tattoo-gate 12:49 RMFJ: yeah...urban is a good coach 12:50 RMFJ: hopefully you're one of the nicer osu fans :) 12:50 kendawg23: yes! and an ohio native with great FLA recruting. SPEED KILLS 12:50 RMFJ: we regained trend just now and its supporting...from 1340 lows, w/line that touched that 1383 low from a week or so ago 12:51 kendawg23: Kendawg23 out to lunch. TTYL y'all 12:52 alice: have a good one 12:52 mktpower: enjoy 12:56 RMFJ: need to get a close above to avoid making h&s now on :58 bru17: back Yo 13:01 Rhemabound: when y'all draw fibs - do you include gaps? 13:01 RMFJ: I do 13:02 RMFJ: bull flagging 13:18 Cynthia E: Back in the Seat! :) Hope you all had a nice break. 13:18 Cynthia E: What a great run. - what a reversal. 13:18 mktpower: yes certainly was. I would guess shorts got a little squeezed 13:19 YO: CYn you take any trades thus far? 13:19 Cynthia E: haha- no kidding! :) 13:19 mktpower: I see holes in the histogram 1408 and :19 Cynthia E: See Chart on Next Page: 82

83 13:20 Cynthia E: Here is the current view of the split out histogram - we have been one time framing up since D period 13:20 mktpower: If this period on the histogram doesn't make a new high, then the one time framing up will have reversed? 13:20 Cynthia E: And yes mktpower we have several holes 13:21 Cynthia E: No - but it will have stopped - need a bar that creates a new low to reverse it 13:21 Tombo: very steep reversal 13:21 mktpower: So does that just mean that the momentum to the upside has slowed? 13:21 leftie(rdk): I really wish people would call out trades, so we can learn what to do and not to do, Thanks, Rita 13:22 YO: agree RDK 13:23 leftie(rdk): I'm still feeling unsure about my trading 83

84 13:23 Cynthia E: 13:23 Cynthia E: Here is the histogram with the TPO holes mktpower was sharing. 13:23 alice: RDK..some of us aren't that good and don't want to steer anyone wrong 13:24 Rhemabound: the only one we should be following imo - is Cyn - that is why we are here isn't it? 13:24 otto1939: I got caught in the reversal --- I am -4 points today 13:24 mktpower: yes that goes for me too. I don't know enough. I wait for the leader. We have to work on patience 13:24 leftie(rdk): but it seems like you are profitable, would like to learn, just because you take a trade does not mean we will 13:25 Carol: or too new to be of any assistance to others 13:25 leftie(rdk): lol mkt 84

85 13:25 leftie(rdk): trying not to wet my pants 13:25 leftie(rdk): from laughing so hard 13:26 mktpower: :):) 13:26 leftie(rdk): Cyn, I'll never live that down 13:27 leftie(rdk): the patience 13:27 leftie(rdk): for the patients 13:28 leftie(rdk): or patients 13:28 leftie(rdk): is a virture, I don't have 13:28 mktpower: You have itchy finger huh? lol 13:29 Trader2011: Seems like we are winding up for another run up. 13:29 Cynthia E: I encourage all that feel confident to share entries and exits - do not feel like you are stepping on my toes. However, for those of you watching their trades - realize that each trader may be using my stuff along with a combination of something that has worked for them in the past that may or may not be available to share (not because they aren't willing ) just because of ability to post pics or mechanical reasons - and they may also not be following my rules to the letter (like taking trades that break rule 1) which can create conflicting info for you in your learning process. 13:29 leftie(rdk): that JB 13:30 allyn: he went to the Docs :) 13:30 leftie(rdk): that is JB the itchy finger 13:30 leftie(rdk): oh OK, we can share when he gets back 13:31 leftie(rdk): thxs Cyn 13:31 allyn: the inventor of beat the rush 13:31 leftie(rdk): very good point Cyn 13:31 Cynthia E: The absolute BEST way to expedite learning is to practice and because practice on live trade days can only get you 260 days a year - I highly recommend Ensign Playback. You can playback a live trading day at 20x which allows you to run a real day in 20 min - In 1 hour a night you can essentially trade a whole month EACH week in addition to your live day. 13:31 Vance: cooooool 13:31 Trader2011: Just don't fat finger anything. That happened to me this morning and I paid.75 for the lesson 13:32 Cynthia E: yes - those can bite you Trader2011 :) 13:32 ctp: I use it almost every night! 13:32 leftie(rdk): thxs Cyn, will do 13:32 ctp: It has greatly helped me 13:33 Cynthia E: Excellent ctp! :) 13:33 Trader2011: I reversed and came out ok using my new found confidance to recover quicly rather than praying that I it fall back down to even. 13:33 Trader2011: Thanks Cyn. 13:33 Cynthia E: For those on Ensign already - there is a Fluidity Playback help video on the Fluidity Trader Support page to teach you how to operate Ensign Playback with Fluidity Charts 13:33 Trader2011: Up 2.25 for the day. 13:34 Cynthia E: Nice Trader2011 ^5 13:34 Carol: I have figured out my role in chat is to ask at least one question that will embarrass me, while you all shake your heads and wonder why I don't know the answer. 13:34 leftie(rdk): I will be ok if the histogram fills in, ended playing like the olds days not good for me 13:34 lendar79: short at , current stop moved to , first target :34 allyn: thanks 13:35 leftie(rdk): but I have learned (_patients) from one of my mentors, Thag 13:35 Cynthia E: Carol - we will not laugh - but that is an outstanding goal - as asking questions that may seem like the answer is obvious are usually not so obvious and EVERYONE benefits and learns 13:36 leftie(rdk): yes Carol, we all feel that way from time to time 13:36 mktpower: It gives a reason for discussion and that's so beneficial to all of us. 13:36 Carol: It is ok to laugh at me, just not out loud. ;) 13:36 Cynthia E: :) 13:37 Cynthia E: LWY 13:37 leftie(rdk): we all need reminders too, Carol about things, like my old man said, no question is a stupid question 13:37 allyn: seems very slow trading here 85

86 13:37 Carol: TY 13:37 mktpower: Still in wave one? 13:37 Cynthia E: agree Allyn - pace has slowed to a crawl here. 13:38 Cynthia E: Yes mktpower - wave 2 actually - the retracement 13:39 mktpower: ok I'm confused 13:39 Trader2011: Ton of support at 1411 range. Still think it could be winding up for the next run up to possibly :40 mktpower: Fib run up off low to retracement only to.231 and a bit lower not.382. Magnitude? 13:41 mktpower: Please explain. Maybe I have it all wrong. 13:41 Trader2011: My thinking is that someone will push the price up to just under the 50ma on the daily chart. 13:42 Cynthia E: mktpower? confused? 13:42 Cynthia E: Wave 1,3,5 are advancing waves, 2 and 4 are retracements within a trend progression 13:42 Cynthia E: Have you looked at the chart in the FAQ Technical analysis section? 13:42 mktpower: Yes. 13:43 lendar79: cyn e... if we wont be able to climb above bottom of the /es channel whats the downside risk? (page 2) 13:43 mktpower: If the retracement doesnt meet the retracement of.231 then do you then consider it back to only being wave 1? 13:43 Cynthia E: what's the downside target? 13:43 lendar79: yes 13:45 Cynthia E: no - mktpower - I know you are looking for magnitude like I told you but just like histogram which is a combination of Time, Price, and Volume - progression also includes all 3 components as well - so if you have an almost perfect bull flag at the top of a large run that develops over significant TIME (then time counts as the retracement/consolidation) and the sideways move is the "wave 2" portion 13:46 Cynthia E: So any return into the trend again would now be the Wave 3 leg 13:46 mktpower: ok that clears that up. thank you very much.:) 13:46 Cynthia E: sure, no problem. 13:46 Cynthia E: And - by the looks of things this wave 2 isn't done yet anyway- we might still likely get your.231 or even a :46 leftie(rdk): how do we get the Wave on our charts, or do you just visualize that, now I feel like you did Carol 13:47 Tombo: another item to load into my tool box 13:47 Carol: no you don't. I don't have a clue what you are talking about. 13:47 mrandersen10: 382 coincides with the critical line 13:48 hijack: Cyn ; have you traded today?? 13:48 Cynthia E: I just visualize it RDK; however Ensign does have a tool - that I'm not great at using that can do it called FORMATIONS in the draw tools box 13:48 Cynthia E: I have not hijack 13:49 hijack: hmmm; 13:50 mktpower: I can't imagine you not being great at anything! 13:50 Cynthia E: This is one of those unfortunate days where the price channel on the open did not clearly identify the short entry - and then on the long it broke the critical line and never retested (which you'd want to see given the strength of the down move) - so despite the magitude of today's action - I have been SOH 13:50 Rhemabound: lol - ditto mktpower 13:50 Cynthia E: so kind :) 13:51 otto1939: Apollo will confirm this, no doubt 13:51 Vance: SOH??? 13:51 allyn: acting as strong support here it seems 13:51 Cynthia E: Sit On Hands Vance - no trade 13:52 Cynthia E: lol Otto 13:52 Vance: sit on hands...ah..my mind was racing through acronyms, ha 13:53 leftie(rdk): Cyn, if I may ask, What do you think the market is telling us,meaning the e/s? 13:55 lendar79: stop moved to :55 lendar79: :56 allyn: lendar did you move tht because of the long stay at this level? if you get a chance 13:57 lendar79: im affraid of double distribution 13:57 allyn: got ya thanks 13:57 lendar79: I really would like banks to roll over a bit 86

87 13:58 mktpower: Do you always wait for a bar to close before entering? The reason I ask, is a setup I saw at 10:40 where price broke level then retraced to wma and turned down. Would that have been a good entry to take at even though candle wasn't closed? After the fact it looks good. 13:59 lendar79: stop :59 ctp: I just got out too lendar 14:00 Tombo: first 15 min high :00 ctp: maybe too early, but wanted to lock in 2 pts 14:00 Cynthia E: RDK - I think the fact that we held at 1400 this morning is a key piece to our end of year puzzle, continued bullish action from here could create the "Santa Clause Rally" that long term money mangers like to create to window dress their year end results. 14:01 Cynthia E: mktpower - what time zone on 10:40? 14:02 lendar79: out 2pt 14:02 allyn: congrats 14:02 Cynthia E: Great Job Lendar 14:02 alice: good 14:02 hijack: nice 14:03 bru17: good job lendar 14:03 mktpower: I have my charts set to central but I adjusted that time to eastern for you. BTW can I change my charts back to eastern. We had them changed because of the spreadsheet problem. 14:03 lendar79: poc moved higher too... 14:06 Vance: Cyn-- you there? 14:06 mktpower: Keep up the good work Lendar. There are so many ways to trade. Finding a method that fits our personality and proves net profitable and sticking with it seems to work out the best. Sounds like you have worked that out. Great for you! You hive us all hope. 14:06 Cynthia E: Yes Vance? 14:07 allyn: 1410 poc 14:07 lendar79: thank u:) 14:07 Cynthia E: If my name disappears from your list - then right click on your member list and select REFRESH member list 14:07 Vance: since I use Transact in my live trading, sis you say e-signal was the datafeed that had the discount? 14:08 NPR: Whats interesting about today despite the dow and s&p being up is that majority of the big stocks are negative - GOOG, AAPL, MA, IBM 14:08 Cynthia E: Yes that is correct - and Transact is a partner with them so you should be able to qualify - check the TOOLBOX on the site and get the information for Joe at esignal 14:08 Vance: Got it...thanks. 14:09 lendar79: aapl is 20% of nasdaq and 5% of s&p500 14:09 mktpower: Is this rotation going on? 14:09 NPR: RUT isnt moved much either today 14:10 NPR: *hasn't 14:10 lendar79: npr r u playing lulu? 14:11 Cynthia E: mktpower - yes I typically do always wait for a candle to close and would have in the case you mentioned. Yes you should be able to move your charts back on time zone 14:11 NPR: I just got back from a PTA...will look into various trade structures to see if it makes sense to play LULU 14:11 NPR: R u playing in Lendar? 14:12 Mark99: haha NPR Dress of choice 14:12 mktpower: Thank you very much. You didn't like that trade setup then because it was too close to the and didn't give your desired point range for profit potential? 14:12 NPR: :) 14:12 lendar79: lulu is right on 200 ma... hard call 14:12 NPR: lulu 14:13 NPR: sorry: too many keyboards...hit the wrong one 14:13 mktpower: Also, too far from critcal line. 14:14 Cynthia E: It was actually that it was right on the yesterday low - double bottom low with the overnight at :15 mktpower: yep I see that too. Thank you 14:15 Queenie: We are stuck between the wma and r1. What is the psychology of that? 87

88 14:16 Cynthia E: Nice long setting up here 14:16 Queenie: I see a white erg, that makes me very happy 14:16 mrandersen10: LT STO holding up strong w/ white dots 14:17 Queenie: I see a white erg, that makes me very happy 14:17 mktpower: say again lol 14:17 Cynthia E: Just continue to watch your WMA as your line in the sand Queenie 14:17 Queenie: ok 14:19 mktpower: That right shoulder being formed on 3600 is that a concern? 14:20 mktpower: holes left on histogram too? 14:20 Cynthia E: No because I'm waiting on the ERG cross which should cause price to be up and over it 14:22 Cynthia E: A break above this area would also be a break above the overnight higher distribution area and should open the door for a retest of the area and then the excess high at :22 NPR: lendar...lulu has moved a max of 2.4 std deviations when its announced earnings in the last 4 qtrs, which isnt too bad 14:22 NPR: also I see big buyers of the 65 puts 14:23 NPR: 130 contract lot for 65 strike 14:23 mktpower: price sitting at 50 ma on daily 14:24 allyn: thanks 14:26 Cynthia E: these "weak hand" shake outs as well as break higher fake outs is why we wait for the ERG to cross prior to entry 14:26 lendar79: im going to pass this time on lulu... I just dont feel it:) thx npr 14:26 Rhemabound: DX breaking up out of afternoon consolidation 14:27 NPR: I hear u...i'm going in with a broken wing butterfly with a small dr 14:27 Rhemabound: altho DX correlation to ES is quite low today 14:27 lendar79: good luck 14:28 allyn: Watching tht Rhem on /dx make it harder for es to break higher 14:28 NPR: thx 14:28 Rhemabound: we are often on the same page I noticed allyn... lol 14:28 allyn: :) 14:28 allyn: /dx direct opposite most of the time 14:29 allyn: most :) 14:29 Rhemabound: Cyn saved you ES peeps some money there - how bout that!...no erg cross 14:29 Cynthia E: :) Rhema 14:29 Rhemabound: I love a grrreat teacher - yay! 14:29 mktpower: yesiree! 14:30 hijack: its looking weak to me here. 14:30 Cynthia E: awe shucks! :) lol 14:30 allyn: and horse whisperer 14:30 Cynthia E: so again mktpower - wave 2 here still not finished 14:30 Rhemabound: yesss.. a 'confirmation' of a great teacher :) 14:31 hijack: when would wave 2 finish Cyn 14:31 Cynthia E: When we get the real bounce and confirmation of a long entry - and then it takes off and follows through 14:32 mktpower: 1408 would be near the critical line and.382 fib to make it a better retracement. Wouldn't it? 14:32 Rhemabound: say g'nite aapl - for now 14:32 Cynthia E: Yes mktpower 14:33 allyn: and is a hole in the histogram mke 14:33 allyn: *mkt 14:33 mktpower: yes 14:33 Cynthia E: excellent eye allyn 14:33 allyn: :) 14:33 Cynthia E: We have a symmetrical triangle /bull flag on the :34 Cynthia E: See Chart on Next Page: 88

89 14:36 Rhemabound: someone racing to prop es before aapl makes new lows... lol 14:37 Rhemabound: dx creeps highter 14:37 Cynthia E: new highs in breadth 14:37 Rhemabound: those bull cowboys tho -...getting their horses ready...yeah - 3pm est coming...probably should bake them a cake 14:38 mktpower: We sure had time to do that! 14:38 allyn: /dx from +.09 to +.14 last 40 min 14:38 Rhemabound: AAPL tho - increase in margin from 30 to 60% for big guys - that can't be good 14:39 Rhemabound: i'm thinking...that trumps everything today...just my 2 cents... the big game of trump 14:39 lendar79: I would be watching /nq right now 14:40 Rhemabound: yeah - 95% correlation to AAPL at the moment 14:40 allyn: roger 14:40 mktpower: We still looking for that long setup? 14:41 bru17: nq now 15 higher than todays lows 14:41 bru17: excuse 25 14:41 Rhemabound: lololol 14:42 Rhemabound: when the robot girl says it - it even sounds official...lolol 14:43 Queenie: how do we get the robot girl to quit saying dot,dot,dot 14:43 mktpower: stop typing dots 14:43 otto1939: type :43 Carol: lol... 14:44 lendar79: line in the sand /nq :44 bru17: when the... meets the taht's amore 14:44 RMFJ: ran out to lunch for an hour and a half...and came back... my long is still in same spot lol 14:44 Cynthia E: you have to put a space between the word and your dots... with a space she pauses with no space...she says "dot dot dot" 14:44 Carol: good job bru 14:44 allyn: thanks lendar 14:45 bru17: seems like if we lose 2645 we drop 14:45 Cynthia E: Still watching for the potential long - pace has moved to very slow this afternoon 14:46 kendawg23: hey hay y'all back from firewood not really feeling the firewood today 14:46 TnHill_Billy: How can I get a ladies voice...tired of listening to old man 14:46 BradH: I get the male voice on Windows 8 and the f voice on Windows 7. 14:47 BradH: (female) 89

90 14:47 allyn: i'd like a British Kate voice 14:47 Cynthia E: hey kendawg - not fair you were supposed to chop up the mess in the creek for me 14:47 TnHill_Billy: oh must be old man cause I have windows 95 :) 14:47 Cynthia E: it would make great firewood 14:48 kendawg23: I bet the gas $$$ might cut into it some 14:48 Cynthia E: and your computer still runs? LOL :) 14:49 Cynthia E: Nah - 14:49 ctp: Getting pretty tight into the neck of the triangle... ready to explode! 14:49 Cynthia E: watching ctp 14:50 kendawg23: Hey CYN would you use a buy stops in a case like this 14:50 Rhemabound: mkt doesn't care about AAPL now - may say 'See Ya,...wouldn't wanna BE YA'....so much for appreciation...lol 14:51 Carol: why do they increase margin? 14:51 otto1939: to reduce 'speculation' 14:51 alice: yes, good question 14:51 NPR: htey are worried about the stock coming down in value...too many people playing it on margin...risk 14:52 alice: thxs 14:52 Carol: thx 14:52 Rhemabound: I do not know - takes up 'ram' space which I don't have much of - in my brain - to spare... I' 14:52 Rhemabound: I will figure out later - just know it is very negative for aapl 14:53 Carol: won't the speculators just find another symbol? 14:53 TnHill_Billy: long :53 kendawg23: Hey CYN would you use a buy stops in a case like this 14:53 TnHill_Billy: got to go up if not down 14:54 RMFJ: lol 14:54 mktpower: Its surely laying down right now zzzzzzzzzzzzzzzz 14:54 mrandersen10: did the ERG cross the signal on ensign? 14:54 mktpower: no 14:54 mrandersen10: thanks 14:55 allyn: new half 5 min 14:55 mktpower: yw 14:55 TnHill_Billy: I have a cross on 3200 if you use magnifier 14:56 Queenie: lol 14:56 Rhemabound: listening for the hooves... bulls coming?...they took a break - and we're expecting them back now - ha 14:56 mktpower: This is a snoozefest and erg is limp and purple 14:57 TnHill_Billy: rut ro pit heard me 14:57 allyn: needs a pill 14:57 RMFJ: limp and purple... don't like the sound of that one bit 14:57 bru17: the erg done hit an iceberg 14:57 allyn: lol 14:58 Cynthia E: No kendawg - I always wait for the actual breakout - I will use a market order rather than a limit if I think I'll be left behind 14:58 Randyr5: rotflmao 14:58 mktpower: lol laughing so hard 14:58 RMFJ: start the lift off count down 14:59 mktpower: I must be getting slap happy. I can't stop laughing 14:59 drva777: could ma act as support?, its racing up on :59 Cynthia E: No mrandersen - no cross 14:59 Rhemabound: still 27 stocks up - 3 down in Dow -...bullish stance 14:59 bru17: not even a star of David 14:59 kendawg23: thx CYN. Dont ask, dont know! Right? 15:00 Cynthia E: pace just picked up significantly 15:00 Rhemabound: lol mktpower - you are cracking yourself up... lolol - have done that ha! 15:00 allyn: new half 90

91 15:00 RMFJ: yes it did 15:00 Cynthia E: that's right kendawg 15:00 TnHill_Billy: the 2:59:41 reversal 15:00 Rhemabound: watching time and sales Cyn - that's how you knowj? 15:00 Rhemabound: know pace is picking up - I mean? 15:01 Cynthia E: Like you need to ask, king for a day ^10 guy! :) 15:01 kendawg23: thx really +12 ;) 15:01 Cynthia E: yes Rhema and everything just got faster - tick charts, price action, 15:01 Cynthia E: Oh Oh! Excuse me - ^12 guy 15:01 Cynthia E: pardon me 15:01 Cynthia E: :) 15:02 kendawg23: LOL 15:02 Rhemabound: internals divergent - oh great - should be fun this last hour 15:02 TnHill_Billy: long some more :02 allyn: poc moved up on new half 15:03 Cynthia E: lol that reversal TnHill 15:03 Trader2011: Still thinking 1417 but time is starting to run out and work calls. 15:03 lendar79: we filled that hole too 15:03 TnHill_Billy: :) 15:04 mktpower: This is a P formation on the histogram and doesn't mean that potential buyers may have been exhausted here. 15:04 mktpower: doesn't that mean 15:04 Cynthia E: Yes it does mktpower - that is why I said earlier I'll wait for a break of :04 Cynthia E: and great recognition of that! :) 15:05 mktpower: Oh I'm glad you restated that. I missed that number. thank you 15:05 Cynthia E: New highs again on breadth 15:05 leftie(rdk): IT DOES LOOK LIKE THE HISTGRAM need s to fill in the top part 15:05 allyn: /dxd weaker a bit 15:05 Rhemabound: ok - down on the mat - here we go 15:05 allyn: */dx 15:06 ctp: broke the triangle 15:06 allyn: /nq popped a bit too 15:07 allyn: small 15:08 ctp: Watcha thinking Cyn? 15:08 RMFJ: waiting for 1414 to pop 15:08 Cynthia E: no close outside the triangle yet 15:09 Cynthia E: yes and not get a tremendous amout of responsive action on that pop 15:09 ctp: It did on the You must be watching the 14400? 15:09 Cynthia E: yes 15:10 lendar79: long stop :11 TnHill_Billy: a little weak 15:11 NPR: aapl moving up 15:11 Birdy: market needs to stop flirting and just go for it 15:11 RMFJ: its trying 15:12 Carol: it heard yoy Birdy 15:12 ctp: Quick action there 15:12 Carol: *you 15:13 TnHill_Billy: scum suckers..another.50 slippage 15:14 Cynthia E: we had the break - now the look back into our little value area (the triangle) 15:15 Cynthia E: waiting to see if we break again or fail 15:15 kendawg23: come you know you to make new highs 15:15 YO: 45mins left in day 15:16 lendar79: moved stop to :16 Cynthia E: having trouble breaking HOD 15:17 ctp: double top? 91

92 15:17 lendar79: out.5 15:18 ctp: Out +2 15:18 Cynthia E: nice Ctp ^ 2 15:18 kendawg23: nice ctp 15:18 mktpower: Yea! way to go. early birds thriving today! 15:18 Cynthia E: defninitely not a break and run follow through - struggling here in the late day to overcome this distribution area 15:19 ctp: Looks like a "W" on the this may be the reversal 15:20 kendawg23: vpoc at :20 TnHill_Billy: flat :20 Cynthia E: a break below the critical here and the ST STO and ERG are positioned nice for a divergence 15:20 Rhemabound: mkt maybe saying - but but but - what about AAPL? 15:21 ctp: ritght back into triangle 15:21 lendar79: aapl is a sell below :22 RMFJ: rocky balboa market...refuses to go down 15:22 Queenie: flat at b/e, after 3 1/2 hours. I cant seem to get my mojo back 15:22 RMFJ: lol queenie...you were long when I was! 15:22 RMFJ: I'm still holding on 15:22 mktpower: No trades for me today. 15:23 ctp: I would really like another trade setup, but because of time of day, I should sit on my hands so as to not give any points back 15:23 Cynthia E: No trades for me either - SOH all day 15:23 Queenie: RMFJ, I'd probably still be in but I really have to go to the bathroom 15:23 Cynthia E: you are correct - especially if you have a nice paycheck for the day 15:23 ctp: LOL 15:23 allyn: lol 15:24 ctp: Time to get one installed in the office! 15:24 PJ: Queenie, the market is having mojo problem, not you :) 15:24 ctp: Good reason to have trading app on tablet! 15:24 lendar79: its very bullish in my opinion... money came out of all those overbought stocks and it went to transportation mining finansial and egg stocks:) 15:24 Cynthia E: agree PJ - large moves are erradic, remaining consolidations are tight range and low volume 15:24 kendawg23: wireless monitor in the bathroom what a great idea 15:25 RMFJ: agree w/you there lendar 15:25 Rhemabound: ok AAPL...now tell me how you rrreally feel 15:26 RMFJ: pretty weak vol this afternoon versus prior to lunch even 15:26 Cynthia E: so you see the topping tail on the ctp on the green candle that tried to move up and out? 15:27 ctp: Yes I do 15:27 Cynthia E: so when you wait on that close - you get a much more solid confirmation of REAL action 15:28 ctp: I have three green candles - the first one is a spinning top, right? 15:28 Cynthia E: yes 15:29 ctp: Isn't the second candle a bottoming tail - tail on the bottom? 15:29 Cynthia E: no large topping tail - refresh 15:29 ctp: in process 15:30 ctp: ok 15:30 ctp: wasn't showing that way before 15:30 Cynthia E: so now do you see what I mean about real action or real confirmation? 15:30 RMFJ: ehhhh weakness 15:30 mktpower: What makes Ensign different where it requires to be refreshed and other charting packages do not require that? 15:30 RMFJ: bout to get out 15:30 ctp: I had to leave for a while this afternoon and refreshed my 900 tick when I returned, but didn't refresh my I thought doing the 900 would take care of it 15:30 ctp: Yes 15:30 RMFJ: yep out... 92

93 15:30 Cynthia E: that candle tried to close outside the bull flag - and failed 15:31 Mark99: Its still a bull flag. 15:31 Cynthia E: yes it is Mark 15:31 Cynthia E: should ctp 15:31 ctp: Still must be a chart difference. It closed well outside the flag on mine 15:31 drva777: can u post a pic please of your 14400? 15:32 Cynthia E: mktpower - it's not that it has to be refreshed its that it CAN be refreshed. As heavy volume flows through and a system counts ticks what are the odds that it is always correct? Other programs do not allow it to do a recount and make it right. 15:32 Cynthia E: sure 15:33 mktpower: Ok I see. It does make a pretty big difference sometimes I noticed. Could make the difference on an entry for sure. 15:33 Mark99: Speak on the "P" shape today of the histogram 15:34 Cynthia E: 15:34 Cynthia E: there you are drva 15:34 Cynthia E: yes indeed mktpower 15:34 drva777: thank you 15:34 ctp: wow, that is so much different than mine. 15:35 Cynthia E: Mark - unfortunately ALL of today's action is still totally driven by SHORT TERM participants. 15:35 ctp: my "topping tail" is a mid sized candle with even wicks top and bottom 93

94 15:35 mktpower: yes candles are different from mine too. 15:35 Mark99: Mine to 15:36 NPR: Mine as well 15:36 mktpower: I will send you a pic. 15:36 Cynthia E: Everyone me a pic - I want to compare and investigate - please 15:36 ctp: Mine looks much more like the first purple candle in your triangle 15:36 Cynthia E: all 4 of you please 15:36 Mark99: the tails are different on all candles 15:37 NPR: Sure, after the close. thx 15:37 Tombo: very decorative 15:37 drva777: short setting up? 15:37 TnHill_Billy: < limp noodle 15:38 Cynthia E: Mark - The break lower created the "pile on effect" of short term traders that didn't want to be left behind - the rally today creating a "P" formation means that those same "pile on participants" got short squeezed and being the weak, short term players they are they folded their positions driving us higher - but longer term money was still not in this action so the auction lost momentum and topped out right back in the same balance zone we started in before the open. 15:38 mktpower: bull flag 15:38 ctp: On its way 15:39 Cynthia E: Yes drva - however time of day says no trade 15:39 mktpower: disregard that entry. typed on wrong keyboard 15:40 Tombo: soh for me time of day 15:41 Cynthia E: there are still holes on the bottom side of the histogram that need to fill in - all the way down to actually 15:41 ctp: Well, it's that time of day... I must take my 3.5pts and head out to my son't basketball game, then my other son's swim meet. Will be a busy night. Might not even get to do any Ensign Playback tonight - bummer! 15:41 NPR: have a good one ctp 15:41 Rhemabound: grrrreat investments CTP...YOU GO!! 15:41 Cynthia E: Have a great evening CTP! 2 boys, 1 daughter - are there more? :) 15:41 ctp: Have a great night everyone. "See ya" tomorrow! 15:42 bru17: ctp 15:42 ctp: 3 boys, 1 daughter 15:42 mktpower: cu ctp 15:42 ctp: full house! 15:42 mrandersen10: gn ctp 15:42 NPR: nice ctp! 15:42 Cynthia E: wow! That's wonderful - such a great Dad! Have a great night! 15:42 ctp: oh yeah, wife too! 15:43 ctp: guess you figured that! Lol 15:43 Birdy: enjoy ctp 15:43 Cynthia E: of course 15:43 ctp: Thanks for everything Coach!!! +11 for the week 15:44 Cynthia E: ^11 - AWESOME!!! 15:44 otto1939: great, ctp 15:44 mktpower: I'm very happy for you. 15:44 YO: yo yo well done CTP! 15:45 Carol: good trading ctp 15:45 lendar79: there is a gap that needs to be fill on apple :46 Cynthia E: Holes fililng in on histogram. 15:47 lendar79: ooohhhh look it was a h&s after all 15:47 Cynthia E: I have to step away a bit early here today gang! Have to make a run to town for the refridgerator issue. Hope everyone as a great night! We'll see you all tomorrow. 15:47 mktpower: and the holes are getting filled. How about that. 15:47 allyn: Drive safely Cyn 15:47 mrandersen10: thanks for the guidance cyn take care! 94

95 15:47 NPR: Thanks Cyn! have a good evening 15:47 Cynthia E: indeed mktpower! ;) 15:48 mktpower: Good Luck Cyn, Thanks for everything. 15:48 lendar79: bye bye 15:48 Cynthia E: Thanks All! 15:48 DJR: GN Cin 15:48 Birdy: thank you Cyn, hope it works out 15:48 kendawg23: thanks sooooooo much CYN 15:48 Cynthia E: GN ;) 15:48 Tombo: gn 15:48 alice: Nite Cyn..buy a nice one 15:48 Paul22: Thx Cyn 15:48 Carol: CU tomorrow Cyn 15:48 leftie(rdk): thanks for your patients 15:48 Cynthia E: oh- no no alice - not buying new, fixing old! :) 15:48 alice: good 15:48 Cynthia E: :) yw RDK! :) 15:48 Cynthia E: GN 15:49 Birdy: there it is the fill of the hole 15:49 Mark99: on hole fill 15:50 allyn: nice Mark 15:50 mktpower: very nice Mark 15:50 Birdy: ^5 mark 15:50 leftie(rdk): yeah mark 15:50 Mark99: still - 3 for the day needed that finish 15:52 Birdy: gn everyone, see u all tomorrow 15:52 drva777: later all... 15:52 mktpower: cu Birdy. drva777, have a good night 15:52 alice: Nite all 15:52 leftie(rdk): Gn everyone 15:52 bru17: gn everyone have a wonderful evening 15:53 Rhemabound: out of my AAPL short - can't hold overnight...did really great - thanks Cyn!! g'nite all! 15:53 mktpower: Gn to everyone. Have a great relaxing evening. 15:53 allyn: nite! 15:53 Mark99: GN and enjoy 15:55 lendar79: good job rhemabound:) ^5 15:57 kendawg23: yes thank you mother market today thank y'all very much and good night Irene 15:58 allyn: nice 15:58 mrandersen10: very nice man! 15:58 NPR: congratulations ken 15:58 lendar79: ^5 ken 15:59 kendawg23: TY y'all 15:59 YO: yo yo my hero kendawg! 16:00 NPR: have a great evening everyone 16:00 lendar79: have a good one everyone:) 16:00 mrandersen10: take care 16:01 kendawg23: Yo, Yo! c u tmrrw 16:15 Paul22: Gn All 16:15 Tombo: ditto End of Chat Roll for Wednesday, December 5,

96 Fluidity Trader Chat Room w/cynthia E. - Thursday, December 6, 2012: Page Begin Page End Thursday :00 *** Hello Fluidity Team Traders Welcome! *** 7:00 *** DAILY TRADE TIP*** Fluidity, and this is important for ALL of you!!! Fluidity does NOT mean being willing to trade either direction in the market - it means RECOGNIZING what IS happening rather than what you THINK, WISH, or HOPE is happening - and very often it means recognizing that NOTHING is happening. ~ Cynthia E 7:18 lendar79: gm:) no I have no idea how to use histogram yet... I keep flipping the coin when I make my decisions because trying to find out whats going on around the world, checking equity index futures, bonds yiekd, curriencies is a waist of time:))) 7:39 Game0ver: so lendar what do you use 7:48 lendar79: what do u mean? 7:56 ctp: 3 bottoming tails in a row on the 15-min chart 8:08 kendawg23: Good morning people. How y'all doing today? 8:13 Eminiess: morning 8:16 Rhemabound: GM all - doing great..so far. HA - ok,...it's gonna be a grreat day! I am a grrrreat trader! (how my doin'?) :) 8:16 Eminiess: We will be great traders 8:17 Rhemabound: yessss 8:21 Game0ver: lendar.. what charts, time frames, indicators, TOS that kind of info that you use to make your decisions 8:25 allyn: Morning all AAPL -$7 in premarket fwiw 8:27 lendar79: I said yesterday that aapl has a gap :) everyday is christmas day:) 8:27 allyn: :) 8:28 ctp: Sosnoff thinks 1420 is the target with least resistence 8:40 NPR: Good Morning Folks 8:40 Eminiess: morning 8:44 otto1939: gm all traders 8:44 Eminiess: Hi Otto 8:45 otto1939: hi Emi 8:45 drva777: Good morning 8:45 Eminiess: After getting the snap it, I need to redo it as I didnt send enough info :( 8:46 otto1939: snip it! 8:46 Eminiess: yeah 8:46 otto1939: its easy, once you know how 8:47 Eminiess: it not that it is getting what she wants! lol 96

97 8:47 Eminiess: still learning the charts 8:47 otto1939: that is always like that 8:51 allyn: OVN est 8:53 kendawg23: sweet +2p on the break down GM y'all 8:53 Birdy: mornin' folks 8:53 Eminiess: hey there 8:54 blank: nice h&s play just happen on the 15 min 8:55 ctp: yes blank 8:58 allyn: double btm? 8:59 blank: points from s to h should match s to target. looks like it did. 9:00 blank: ie if it goes up 4 from s line it will go down 4 from sline 9:02 Eminiess: snip grrrr. 9:09 Deb: Good Morning 9:09 otto1939: gm Deb 9:10 mktpower: Good Morning all 9:10 Paul22: Gm All 9:10 lendar79: whenever u have a minute 9:10 Eminiess: Morning 9:11 otto1939: hi mkt, Paul 9:11 mktpower: hey otto. 9:11 kendawg23: what will happen today? 9:12 kendawg23: who cares as long as we make $$$ am I right? SUPER traders 9:13 Carol: Good morning traders 9:13 allyn: 'With overlapping value, trading later rather than earlier would make sense" Peters Blog 9:14 otto1939: hi Carol 9:14 Carol: mornin otto 9:15 Cynthia E: Good Thursday Morning! :) 9:15 kendawg23: hi cyn 9:15 DJR: Mornin Doc 9:15 bru17: gm Cyn;folks 9:15 Eminiess: Cin 9:15 alice: GM all 9:15 YO: yo Gm team 9:16 otto1939: gm Cynthia 9:16 allyn: Howdy Cyn 9:16 otto1939: hi yo yo yo 9:16 kendawg23: yo yo 9:16 NPR: GM Cyn 9:16 Hawk: gm all 9:16 YO: YO yo otto! Kendawg I dreamed I was you and made all those pts yesterday congrats again 9:17 kendawg23: haha funny +2 today 9:17 bru17: I dreamed I was me; and wake up abit sleepy 9:17 Cynthia E: See Chart on Next Page: 97

98 9:18 Cynthia E: Let's take a look at the DOW to start this morning. 9:18 Eminiess: bru my nightmare was it wasnt me. lol 9:18 bru17: ahhhhhhhhhh emi 9:18 Eminiess: In my wildest dreams Im lendar! 9:19 kendawg23: aapl filled that gap pre market 9:19 leftie(rdk): not feeling well, will probably not ttrade today, 9:19 bru17: sorry lefty 9:19 Eminiess: Chicken soup if you have it... 9:19 allyn: bummer 9:19 toomuch: some of my most profitable days are days I dont trade... 9:19 Cynthia E: You can see we've tested the SMA consecutive days - leaving topping tails each day with closes below the line - until we manage to get up and over this level and more importantly close above this level - edge remains to the bears because we continue to have lower highs on each swing high. 9:19 blank: no paid sick days..we need a union 9:20 Eminiess: lol 9:20 Cynthia E: Feel better RDK - sorry to hear that ;( 9:20 leftie(rdk): thank you, I think its my throid, panic attack, my husband is coming home, thats 9:20 Eminiess: cin just fell off her chair! 9:20 bru17: blank we could even have uniforms and a mascote 9:20 leftie(rdk): thxs 98

99 9:20 Eminiess: a horse? 9:20 NPR: Feel better RDK 9:20 blank: lol 9:21 leftie(rdk): thxs, I need that 9:21 blank: hope you feel better 9:21 Cynthia E: lol - you all are in rare form this morning :) 9:21 Carol: can pajamas be our uniforms? 9:21 Cynthia E: You bet Carol! :) 9:21 Carol: feel better leftie 9:21 lendar79: 505 on aapl would be nice:) 9:22 Cynthia E: except they might be a little cold for the 6 am horse chore run 9:22 Eminiess: You can wear a robe! 9:22 mktpower: Hope you feel better Leftie. 9:23 Eminiess: In honor of Leftie go get your pj's on! 9:23 NPR: Cyn...my 200 day in the DOW for the last 3 days is in th middle of the body and not abvoe it...is anyone else seeing the same thing...i'm looking at Prophet charts 9:23 lendar79: yes npr 9:23 alice: yes, me too 9:24 Cynthia E: 9:24 NPR: thought I was losing my mind there..thanks guys 99

100 9:24 Cynthia E: Here is the SPX daily - 9:25 Cynthia E: You can clearly see our resistance is the SMA 50 with the SMA 200 acting as support. Overall, price is coming down off the 50 again creating a lower high in the current downtrend; however, failure to take out 1400 will keep us sideways to up. 9:26 bru17: npr you don't lose your mind un til the trading day is over 9:26 NPR: good point bru :) 9:27 Cynthia E: 9:27 Cynthia E: Here is the and we are opening right in the middle of the range; however if we put a Fib on this low to high rally from yesterday - we are testing right at the 61.8% retracement of the move at the 1404 level. 9:28 Carol: trying to complete an inverse h&s? 9:28 Cynthia E: See Chart on Next Page: 100

101 9:29 blank: Cyn check out nasdq 50 and 200 ma 9:29 Cynthia E: The overnight histogram shows more color on the "middle of the range" development - you can see we have a very balanced distribution right there in the middle. 9:30 Cynthia E: Layla 9:31 Cynthia E: We will have to watch and see Carol - typically inverted H & S patterns appear at the bottom of downtrend runs and we are at the top of an upward retracement 9:31 Cynthia E: blank - they are coming close to crossing - is that what you are seeing? 9:31 Carol: did not know that 9:32 lendar79: OMG AAPL!!! 9:32 allyn: smoked 9:33 RMFJ: wow time to buy AAPL imho 9:33 RMFJ: won't be able to push it much lower 9:37 Cynthia E: Market opening and still consolidating inside the overnight range as expected 9:41 blank: dow nasdq are all playing with the 200 and 50 day. they take turns leading the s&p. I think it is important to note that they have to move together above the ave for less chop. big moves that we look for. Well it is something I am looking at anyway 9:41 Cynthia E: Testing the ONH 101

102 9:41 Cynthia E: agree blank 9:42 Cynthia E: Critical line and long term average both sitting at essentially :42 Cynthia E: confirming initial chop 9:42 Rhemabound: Euro new low 9:42 mrandersen10: AAPL :) 9:43 john boy: was 520 the place to buy aapl? 9:43 mrandersen10: hindsight says..hell ya 9:43 mrandersen10: bought some calls at 525, out some now 9:44 blank: they buy tech sell dji...sell tech buy dji and it goes on and on. 9:45 RMFJ: looking short below ? 9:48 Cynthia E: Rotation back and forth testing the top and bottom side 9:48 Cynthia E: of overnight balance 9:49 john boy: CYN, do you still follow Peter's blog? 9:50 lendar79: long aapl calls stop 525 9:51 Cynthia E: no, not really 9:51 Cynthia E: I saw Allyn's comment earlier 9:51 RMFJ: Peter said in this morning's blog yesterday was a poor hi and market may want to repair that at some point, but yesterday's excess low looks pretty solid... prob better the trade later vs earlier 9:51 RMFJ: short term money still in control 9:53 john boy: that is the only statement he made this morning that I don't really understand. could mean to let things sort out 9:53 lendar79: moved stop to 530 9:55 Cynthia E: Yes, the overnight inventory while balanced was mostly short, meaning below the highs and yesterdays close, so he means to let inventory adjustments occur (shorts balance out their positions, which would cause us to move a bit higher to test that poor high from yesterday). 9:56 mrandersen10: aapl incredible back to breakeven 9:56 lendar79: moved stop to :57 allyn: Thanks Cyn makes it clearer 9:58 Cynthia E: MAs overlapped and sideways now at opening range between and 5 - these are the 3 references. We need breakouts of the extremes without fading or the center line to be tested and hold as either support or resistance 9:58 allyn: Cyn in your am Tweet #? 9:58 Rhemabound: Euro new lows 9:58 Cynthia E: currently the center line is not holding 9:59 Cynthia E: Allyn - yestereday's POC, just up over the overnigh high and coincides with some balance range highs (4 TPOs areas) from past several days 9:59 mktpower: centerline is POC? 9:59 allyn: ah thank you 9:59 Cynthia E: It was just a bit more significant than ONH 9:59 lendar79: flat aapl 10:00 Cynthia E: mktpower - see post at 9:58 EST 10:00 Steve: Does the DX have any play in a market direction? 10:00 mrandersen10: very nice lendar 10:00 lendar79: 38k on aapl in 24h 10:01 Hawk: nice lendar 10:01 kendawg23: whoffa 10:01 Rhemabound: wow lendar - congrats!! 10:01 mrandersen10: awesome can buy a new car everyday 10:01 Carol: you are amazing lendar ^38k 10:01 Eminiess: OMG nice 10:01 allyn: lendar to buy his own Panera soon 10:01 lendar79: I remeber the time when I didnt make that in a year 10:01 RMFJ: hope that's real money 10:01 mrandersen10: es is nuts 10:01 RMFJ: :) 102

103 10:01 mktpower: You are excellent! 10:02 ctp: symetrical triangle on :02 DJR: Good Job L 10:02 mrandersen10: u give us all hope that this is possible for the common man 10:02 Cynthia E: agree ctp 10:02 Rhemabound: fwiw - James...TOS econ guy - says Canadian IVY PMI just came out - very bad report.. 10:02 NPR: congratulations Lendar 10:02 Rhemabound: euro getting clobbered 10:02 Carol: discounts available for fluidity traders at Panera? 10:03 lendar79: thx all 10:03 Cynthia E: Super job Lendar - congrats! ;) 10:03 Game0ver: nice lendar 10:04 kendawg23: what option did you use L79 10:04 Birdy: lendar ^38k 10:04 mrandersen10: AAPL looking like it has bottomed short term, sellers shut off 10:04 NPR: lendar: I take back my congratulations and with a run like that u deserve dollaratulations:) 10:04 mrandersen10: green now 10:04 allyn: breadth divergent 10:05 Randyr5: Nice leandar. Don't know if you're married, but according to my wife, what's hers is hers, what's mine is her's and what's ours is hers. 10:05 Eminiess: lol 10:05 Rhemabound: lol 10:05 RMFJ: lol... only if you live in a community property state 10:05 Cynthia E: candles side by side same size bodies. 10:05 mrandersen10: :) 10:05 Eminiess: Lendar are you looking to adopt? 10:06 Eminiess: filling out application now 10:06 lendar79: randyr5 I have the same problem:))) 10:06 Cynthia E: lol Randy 10:06 Randyr5: Not alone then. If mamma ain't happy, ain't nobody happy. Mine is happy. 10:06 Game0ver: unwritten rule 10:06 RMFJ: Randy5...that rule guides my marriage! 10:07 allyn: probably why I'm single 10:07 allyn: :) 10:07 john boy: this is a great site... trading, making money and marriage counseling 10:07 Eminiess: whats yours is yours! 10:07 Cynthia E: :) 10:07 lendar79: aapl closed the overnight gap 10:08 Cynthia E: lol john boy 10:08 Rhemabound: lol john boy 10:08 lendar79: :))) 10:08 Rhemabound: lolol 10:08 john boy: no telling what tomorrow will bring 10:08 DJR: And horse training tips 10:08 john boy: djr, how could I forget 10:08 Cynthia E: descending triangle on :08 Rhemabound: oh yesss... we have it all! love it 10:09 Cynthia E: lol DJR - yep, because all you city dwellers REALLY need those! :) 10:09 allyn: 5.25 range so far 10:09 Eminiess: this city dweller needs to move to the counrty 10:09 Eminiess: *country 10:10 Birdy: I wish I had a horse to train. I'm livin it through you Cyn. 10:10 Cynthia E: good for the soul 10:10 Rhemabound: there's more than just 'horse sense' in there... lotsa great analogies and lessons! plus - I need to learn about horses - for when I get my ranch! 103

104 10:10 Cynthia E: :) 10:10 otto1939: Cyn: how is your fridge? I did not know they are repairable 10:11 ctp: Cyn, there is a 6 point swing from high to low of the triangle. Do you ever play the triangle on days like today, or do you strictly wait for our normal indicators? 10:11 blank: I live in a small city but there is a thing to tie off horses in front of the house. 10:11 Cynthia E: Got part of what we need yesterday - doing some tests on it today, repair guy will be here to fix it tomorrow morning. 10:11 Cynthia E: the defrost thermostat is apparently out 10:11 otto1939: ok 10:12 Rhemabound: I am short PCLN - don't usually trade it - but going to take a shot at it - daily topping tail - few days back... 10:12 ctp: I'm sure it doesn't have the same degree of probability as following the indicators 10:12 Cynthia E: correct - I wait - 10:13 john boy: another touch around the VAL 10:13 Cynthia E: based on the descending triangle - I am looking for a close below :13 ctp: I have my bottom line at :14 blank: It keeps people from parking there twice. People hit the car door on it all the time 10:14 RMFJ: you're looking at descending triagle on 3600 (just intraday) 10:14 RMFJ:? 10:14 Cynthia E: that's correct - I am just watching where the bodies of the candles are closing and opening on the and the no bodies are breaking the 1406 or 1409 level 10:14 Cynthia E: so a change there would be a first sign 10:14 ctp: ah, ok 10:15 Cynthia E: yes RMFJ - but with a low of 1404, like ctp said - the overnight ties in also 10:15 ctp: Critical line, WMA and LT MA all within 1 point of each other 10:16 Rhemabound: treasuries pushing to upside 10:16 Cynthia E: if you want an edge - you have to be able to recognize CHANGE - and do it earlier than the majority - so recognizing patterns early and understanding the very first sign of change is an important skill 10:16 Cynthia E: yes - ctp - and we don't like that - it leads to low proability 10:17 lendar79: lulu is a mess:) did u play is npr? 10:17 Rhemabound: I think I actually have that skill - BUT - my weakness is in managing the trade - I get profits...but so need more cuz acct is small - then I lose the profits... have to work on THAT 10:17 Cynthia E: but it does confirm that we need to be more cautious in our approach and understand that chop is still where we are for the time being 10:17 RMFJ: I owned LULU long at $42... shouldn't have sold! 10:17 RMFJ: but made money... oh well 10:17 Cynthia E: agree Rhema 10:17 NPR: yes, I did...marginally in the hole at the moment...need for it to come down a little bit 10:18 Rhemabound: GS flirting with low 10:18 RMFJ: financials are fading down at moment, but I feel thats move due to profit taking from big moves up yesterday 10:18 lendar79: looking for the next great trade...:) 10:19 RMFJ: volume much lighter in financials vs yesterday 10:20 Cynthia E: area is still the center line in our falling channel 10:20 ctp: Those are some pretty big tails on the 15 min chart 10:21 RMFJ: sto's both leaking down further 10:21 ctp: The tails themselves are forming a symetrical triangle 10:21 Rhemabound: I feel like I'm on a great ship - with a great captain -...so great to learn about what you watch Cyn... rrreally - it is great! 10:21 Vance: Good Morning 10:22 allyn: new low 10:22 Cynthia E: Good morning 10:22 Cynthia E: :) thx Rhema 10:22 allyn: Yo Vance 10:22 RMFJ:...just stuck in overnight range still 104

105 10:22 mktpower: gm vance 10:22 Vance: ja, allyn 10:22 Rhemabound: thank YOU -... am so grateful for the 'homework' you do..the morning report is powerpacked.. 10:22 Rhemabound: I am trying to learn -..and am..slowly but surely 10:22 Cynthia E: watching here for a potential short - but keeps retracing after each push down 10:23 ctp: bottoming tail that closed above :23 Cynthia E: wonderful Rhema - glad to hear it 10:23 Rhemabound: :) 10:23 mktpower: chopping up traders 10:24 mktpower: thankfully, I'm not one this morning because of this fine group 10:24 Cynthia E: Internals are trending down with the descending triangle 10:24 RMFJ: I resemble that remark mkypower! 10:24 john boy: traders as seen through the eyes of thee "chop-o-matic" 10:25 ctp: Cyn, did you notice anything by comparing our chats last evening? 10:25 mktpower: I commend your patience and knowledge Cyn, I have never seen anyone like you. 10:26 Cynthia E: not yet on the changes - a few of you have the same charts you are just zoomed so close in that you don't see that you do - but yours and I think Mark's actually did have a bottom tail on the candle in dispute 10:26 Cynthia E: thank you mktpower :) 10:28 ctp: Cyn, the descending triangle that we are watching on the 3600 isn't present on the 15 min chart. Which would most professional traders likely watch? 10:29 ctp: I guess it's there, just not as prominent 10:29 Birdy: todays historgram is looking like yesterday mornings 10:29 Cynthia E: See Chart on Next Page: 105

106 106

107 10:29 Birdy: *histogram 10:30 Cynthia E: sorry - scratch that last post - it didn't upload what I'm trying to post 10:30 YO: IB High IB MP IB low Range :30 allyn: thanks Yo 10:30 mktpower: thanks yo 10:30 john boy: YO, yoyo, ty yo 10:31 YO: : ) ur welcomee 10:31 Cynthia E: 10:32 Cynthia E: Here is the updated to show you just how choppy it has been this morning 10:33 Cynthia E: See Chart on Next Page: 107

108 10:33 YO: cyn the previous post with breadth had NASD as negative Shadow has it positive is there an error? 10:33 Cynthia E: Here you are Birdy - sorry for the delay - the histogram confirms what the presents - a balanced, range bound trade zone 10:34 Cynthia E: YO - that is an old chart - see my next post - I said ignore it - sorry - it was a SnagIt error 10:34 YO: ok great didn't know as was correct numbers as shadow 10:35 Birdy: yes, the B & C look like carbon copy of yesterday only a few points higher 10:36 Cynthia E: agree 10:36 Cynthia E: Don't go to sleep here gang during this chop - it is breaks from balance to imbalance that provide our greatest opportunities - but 10:37 Cynthia E: don't get apprehensive either and jump in early 10:37 RMFJ: looks like its picking up to upside 10:37 lendar79: aapl might be a play to :37 Cynthia E: yes - on the top side I'm watching :38 john boy: I tore the BTR strategy out of my copy of the book but it is still selling quite well 10:38 Cynthia E: :) lol 10:38 lendar79: long aapl stop :39 john boy: that high number mentioned in the second tweet could be something to watch 10:41 Cynthia E: LONG ENZO :41 Cynthia E: Looking for a break of the current ONH level and then a test of the POC and the poor high from yesterday 108

109 10:42 Vance: 1025 converns me right now..is that valid under your rules? 10:43 Cynthia E: it is today's HOD - and yes I need a break above it to gain momentum here - but it doesn't prevent me from entering 10:43 Vance: Ah... 10:44 mktpower: Patience patience getting nervous about a fake out for all of my patience long :45 YO: cyn critical line flat, breadth negative still in 1st 15 min range LT sto neutral is this agrressive trade? 10:45 Cynthia E: It happens mktpower - it's just part of trading - as lendar said the other day - some times you just have to take the trade and monitor there after. 10:45 mktpower: yes practice practice and manage it. 10:45 YO: what caused you to enter? 10:46 Cynthia E: possibly YO - but what I really see that makes me like this possibility it the :46 RMFJ: here comes ONH test 10:46 YO: ok just trying keep up : ) 10:46 mktpower: target? 10:46 ctp: Target of 1417? 10:47 mktpower: I have :47 Cynthia E: See Chart on Next Page: 109

110 10:47 ctp: I guess would be our first hurdle? 10:47 ctp: Yesterday's HOD 110

111 10:47 mktpower: would you be trailing with wma 10:47 RMFJ: here's poc test 10:47 lendar79: very nice people:) 10:48 kendawg23: hay now 10:48 YO: nice that chart helps alot thxs 10:48 Cynthia E: See the ERG crossing and the ST STO turning up here on when the signals appear this clean on the long term chart - they are always hard to get in the trade - but usually turn out nice 10:48 Cynthia E: I am looking for a test of yesterday's high - so area 10:49 RMFJ: POC needs to break 10:49 Cynthia E: testing the POC now 10:49 Cynthia E: correct RMFJ 10:49 kendawg23: VAH 10:50 mrandersen10: im personally targeting vah 10:50 mrandersen10: beat me to it 10:50 bru17: out plus 2 10:50 Cynthia E: nice ^2 bru - well done 10:50 RMFJ: Cyn are you thinking more base hits here or trail up as could be strength to break above for repair? 10:50 kendawg23: L79 are u using options for the aapl trades 10:50 Cynthia E: I have an order at :51 okietrader: Out +2 10:51 lendar79: yes 10:51 Cynthia E: but I'm watching the WMA as we make our approach 10:51 YO: Well done cyn and all those Long 10:51 Cynthia E: Nice Okie! Well done 10:51 lendar79: moved stop :51 Cynthia E: someone seriously needs to smack me on this arrow thing - I've got to remember that 10:51 RMFJ: /ym /nq both positive 10:52 Cynthia E: breadth going pos 10:52 Cynthia E: and A/D 10:52 john boy: go to the coral and get in the corner 10:52 Cynthia E: yes sir 10:52 RMFJ: coming to top of descending trendline on 3600 here...offf 1424 hi 10:53 RMFJ: 1412 area 10:53 Cynthia E: thx RMFJ 10:53 bru17: this move was from apples rise 10:54 mktpower: flat +2pts 10:54 Tombo: +2 10:54 Cynthia E: Nice job mktpower and Tombo! 10:55 Cynthia E: nice lift here in the ST STO and ERG on the :55 DJR: Flat :55 Tombo: got to learn to walk before I run 10:55 mktpower: thank you. Here's a question. When does Fortitude become stubborn? 10:55 RMFJ: keeps trying to bust thru :55 RMFJ: not happenin yet 10:56 Cynthia E: Those of you on Ensign can also draw a trendline on the last 4 bars from the low of as a trail stop line 10:56 Cynthia E: last 4 bars on :56 john boy: mktpwr, I qualify to answer that question. When I see indicators telling me to get out but I know I am correct and the market is wrong 10:57 Cynthia E: was that VERY prominent POC from last Friday - if we can break that we'll likely move on up to repair yesterday's poor high 10:57 RMFJ: makes sense why we're seeing resistance here... thanks cyn! 10:57 mktpower: JB lol 10:57 YO: JB great answer 10:58 john boy: I have done that more than once 111

112 10:58 Cynthia E: mktpower - fortitude means knowing what your plan is (a trail stop, a trend line, etc. ) then having the strength to follow the plan - if you are simply holding "wishing for more" when you have no defined reasoning - that is stubborn 10:58 john boy: example right now... if it turned and fell through the trailing avg and then through the critical 10:59 RMFJ: hmmm 10:59 bru17: JB oh what a bit of experience won't show 10:59 Tombo: ticks are not helping 10:59 RMFJ: weakening here...maybe? 10:59 Rhemabound: is ES 50 ma 10:59 Rhemabound: daily 11:00 Cynthia E: new half started 11:00 john boy: rmfj, consolidating here for an explosion up 11:00 RMFJ: yeah... I sort of think so too JB 11:01 RMFJ: makes sense too as Rhema mentioned w/the ma 11:01 john boy: if the fuse fizzles, I am out 11:01 ctp: WMA at :02 lendar79: short stop :03 kendawg23: pop it 11:04 lendar79: :) 11:04 kendawg23: tick is not confirmimg 11:04 Cynthia E: OUT SCOUT :04 Cynthia E: Indicators starting to roll - will allow a cycle and reset here 11:05 RMFJ: ditto out +2 11:05 Rhemabound: out of PCLN short... had low delta option so not too bad of loss. 11:05 Birdy: out :06 Rhemabound: nice guys :) 11:06 Rhemabound: base hits baby! 11:06 Cynthia E: Also - trend line on starting to break by time rather than price 11:08 YO: nice "walk" cyn : ) 11:08 TnHill_Billy: flat :10 bru17: nice job tenn 11:10 NPR: lendar: check out the back ratio on FCX jan buy 32 sell 34 for a small credit 11:10 Cynthia E: thanks yo! 11:10 Cynthia E: Well done TnHill 11:11 TnHill_Billy: ty ty 11:13 Cynthia E: Now we have to watch carefully to see if the MAs stay flat at the 1408 level or if they start to trend - if they remain flat then again we are back in a balance range with a high/low/centerline - so we'll need to see a break of the edge or for the middle to hold as S/R 11:14 lendar79: I have to think about it:) thx npr 11:14 mktpower: Are you calling the centerline. the center of the histogram or the poc 11:15 Cynthia E: the place where the critical line and the long term average are hanging out flat to overlapped 11:15 Cynthia E: on the :16 Cynthia E: On the 3600 you have to barometers for "TREND" - the moving averages and the Long Term Stochastics 11:17 RMFJ: is the 50% fib retrace from 1424 hi to yesterday's low 11:17 RMFJ: seems like we're finding support there last few candles 11:17 Cynthia E: Uptrend = Critical line above Long term average and both headed up, LT STO above red line with white dots, Downtrend = Critical Line below long term average headed down, LT STO below green line with white dots. 11:17 kendawg23: Lender what is your TGT 11:17 Cynthia E: No Trend = critical line and long term average flat to overlapped and LT STO in middle between red line and green line 11:19 DJR: Cyn how is vol today? 11:19 lendar79: I dont have any... we just have problems getting over the poc and it might be a good entry point for a short if we roll over 11:19 Cynthia E: Low DJR - you can always check the ES Volumes link on the homepage of the website :) 112

113 11:20 kendawg23: ok thx looking for MA test 11:20 DJR: THX 11:20 Cynthia E: sure :) 11:20 alice: Cyn..trends, what u just posted so important, u should put that info. on the site 11:20 Rhemabound: myself - until this 50 sma daily gets resolved - no longs 11:21 Cynthia E: If you are not seeing updated info on the volume page make sure you refresh the page 11:21 Cynthia E: Working on it Alice! :) It is part of the series of lessons I'm working on for understanding "TREND"! :) 11:22 Cynthia E: But, I agree is it fundamental to success 11:22 RMFJ: anyone else see a bull flag setting up on 3600? 11:22 alice: It's the key 11:22 RMFJ: or am I trying to force that 11:23 lendar79: u r right it looks bullish 11:24 lendar79: aapl new high 11:25 RMFJ: long :25 toomuch: long :25 RMFJ: lt sto continues to trend up 11:26 lendar79: amen!!! trade to trade well not to make money!!! 11:26 RMFJ: we really need to take out this POC decisively though 11:26 RMFJ: almost an ascending triangle pattern now forming on :27 bru17: and manage your risk 11:27 Birdy: long :27 RMFJ: want a close here above :28 Birdy: thx RMFJ 11:29 RMFJ: hmmm 11:30 RMFJ: lt sto now approaching 70 11:30 Birdy: new half 11:30 RMFJ: pushing to break ascending triangle I think now 11:31 Eminiess: Cin my Spread sheet is different than the one on the home page. I tried to recalulate didnt change, any thoughts/ 11:32 Cynthia E: what did you do to try to recalculate it? 11:32 Eminiess: On the top of the sheet the header 11:32 Eminiess: refreshed this am 11:33 Cynthia E: You can't EVER mess with the spreadsheet at ALL!!!! Please make sure you have watched all the videos on the FT Support page. 11:33 Cynthia E: The page that drives the spreadsheet is on Layer 4 - it is a price histogram you have to refresh. 11:33 Eminiess: It wasnt working this am 11:33 Eminiess: did that 11:34 blank: You know the market is going to go nuts when Cyn goes to lunch. It's a trend. 11:34 Cynthia E: JGM had a similar issue last week - I may need to get you with Howard to get it corrected 11:34 Cynthia E: LOL blank - so true ;) 11:34 RMFJ: push it bulls 11:34 kendawg23: come to butt head 11:35 lendar79: im hungry 11:35 ctp: my DOM is going crazy right here 11:35 RMFJ: out... 11:35 mrandersen10: wow dirty 11:35 RMFJ: didn't like that 11:35 Cynthia E: There is a lot of responsive selling at :37 lendar79: what do u think cyn about the historgam? 11:37 toomuch: that's because I'm long 11:37 toomuch: go ticks 11:37 kendawg23: 3rd time? 11:38 Tombo: tf hod 11:38 lendar79: flat

114 11:39 bru17: out -1 11:39 lendar79: exess to the upside and filling holes to the downside? 11:39 Birdy: out +1 11:39 DJR: Good Birdy! 11:40 otto1939: ^1 Birdy 11:40 Carol: ditto 11:41 Birdy: thx 11:42 lendar79: short stop aapl still long calls stop 545:) lunch time:) good luck everybody 11:46 toomuch: out :51 kendawg23: me alice and mktpwr vs the red arrows 11:52 alice: yes 11:52 kendawg23: aapl still UP 11:52 alice: tough go 11:52 mktpower: Im flat 11:53 kendawg23: could be bang zoom quick too 11:53 mktpower: Only 1 trade for me today. 11:53 kendawg23: then there are two 11:54 kendawg23: 13.75? 11:54 alice: this is my second 11:54 alice: your mouth to God's ears 12:00 kendawg23: hard stop at :00 alice: me too 12:01 kendawg23: it has been a strugle today for me must have used it up yesterday 12:01 Rhemabound: I got numbers coming out of my ears - glad Cyn helps simplify it - but man - alotttttta data to process... whew! 12:01 alice: it seem that's the way it works. 12:02 alice: but tough for me today w/o a great day yesterday 12:02 Rhemabound: I find when I get overwhelmed - my 'goto' is my old style,..which isn't 'bad' necessarily'...i just don't benefit as much from Cyn's info -...I need to get 'slicker' at these balance ranges... doesn't seem like rocket science,...'think Mind...THINK!' 12:02 alice: sometimes she is over my head w/ trader talk 12:03 Rhemabound: yyyeah 12:03 alice: she sometimes forget we a lay traders 12:04 Rhemabound: it's a processsss. I do 'employ' a number of her techniques... it will just take time. 12:04 Rhemabound: I actually think she 12:04 Rhemabound: 'remembers' alot. She is a great teacher...and re-iterates 120% of the basics..pretty much 100% of the time... 12:04 alice: I employ all I understand 12:05 Cynthia E: Hey guys - sorry - doing some needed 1 on 1 coaching on the side as we get ready to head to lunch. 12:05 Rhemabound: no problem - got plenty to chomp on!...lol 12:05 alice: oh..i thought we were at lunch 12:06 Cynthia E: Alice and Rhema - any time I say something that you don't quite understand - tell me to break it down and give examples - I'll be glad to - I can almost always relate it to non- market issues that make it easier to comprehend. 12:06 Rhemabound: Cyn - can you touch on 'balance range' real fast?...like - where are we? 12:07 Rhemabound: you do a great job Cyn -...I have had many teachers that 'lose me'... you don't 'lose me' rrreally,...i'm just not up to your speed yet -...not in 'comfort zone' yet - will get there.. just keep doing what you do! 12:08 ctp: Got the Christmas tunes playing today Cyn? How about a little Michael Buble Christmas? 12:09 Cynthia E: would LOVE that ctp! don't have any Buble CDs - I play everything through itunes - don't want to slow my connection with streaming Pandora (being rural and all) 12:09 ctp: Pandora? 12:09 ctp: OK. Sounds like you need a real machine! 12:09 drva777: I see a shoulder and head former on 3200 anyone else? 12:10 drva777: forming 12:10 allyn: Spotify is great music site 12:10 Cynthia E: Well we didn't miss anything as we have consolidated sideways since our long closed out. 114

115 12:10 Cynthia E: Pandora Radio - is streaming internet radio - no commercials 12:10 Cynthia E: but I don't use it - only itunes for me 12:11 ctp: I love Pandora - all day every day. 12:11 ctp: The station depends on my mood or trade! 12:11 Cynthia E: OKAY - let's get our lunch break and come back this afternoon! Great morning all! Nice "walk" as YO says! 12:12 alice: How is vol compare to yesterday 12:12 Rhemabound: /es lost that 50 sma...gonna have to hack thru it again.. 12:12 Rhemabound: have a nice lunch Cyn :) 12:13 mrandersen10: ctp check out spotify as well. stream music but u can select your own playlists. 12:13 allyn: use it everyday Mr A love it 12:14 mrandersen10: :) 12:14 DJR: Alice, vol is lower than ystrday, see "ES Vol" on Home Page 12:14 ctp: Thanks MR A 12:14 alice: thxs 12:15 Tombo: my sbux is looking good 12:15 mrandersen10: np, made the switch from pandora to spotify b/c it's much more flexible 12:19 lendar79: 10:38 lendar79: aapl might be a play to :20 mrandersen10:.618 nice call 12:20 lendar79: flat aapl 12:21 ctp: Hole between 1409 and :22 kendawg23: out done for awhile 12:22 Tombo: looking for % retrace 12:23 kendawg23: -2 for today :( wa wa 12:23 allyn: hole brings it to the critical and the red moving avg 12:23 allyn: plenty of time to go ken :) 12:24 ctp: Mr A. do you pay $10/month for that? 12:25 mrandersen10: no just the free version 12:25 mrandersen10: I think the quality is the same, there r just some ads that come up every now and then 12:26 alice: could'nt take it any longer 12:26 lendar79: very nice:) 12:27 ctp: lendar, target? 12:27 lendar79: flat 3 pt 12:27 Tombo: flat +3 12:27 allyn: good one dude 12:27 mrandersen10: lendar what do u think aapl does now? im considering selling some strangles, I think it is rangebound now 12:30 TnHill_Billy: flat +2 12:30 mrandersen10: back below critical line again 12:31 okietrader: Short at :31 lendar79: its hard to tell is a line in the sand... above its a buy and below its a sell... look at the weekly chart we just came back inside the updrend channel 12:32 mrandersen10: okie reasoning behind the short? 12:32 Tombo: arrow lendar or are you still short 12:32 lendar79: no sotty 12:32 lendar79: no sorry 12:33 TnHill_Billy: nice play lendar..tombo..etc :) 12:33 Tombo: :) 12:33 ctp: Trying to create long setup 12:36 lendar79: I really would like to see apple to bounce from level for a nice long antry 12:37 RMFJ: I'm seeing same thing CTP 12:37 RMFJ:...assuming levels hold and sto's turn up again 12:39 lendar79: long stop :40 allyn: thanks for the post lendar 12:42 lendar79: right or right out:) 115

116 12:42 allyn: roger 12:45 lendar79: out -1 12:46 DJR: lendar change arrow 12:46 DJR: thx 13:07 Mark_C: 13:08 ctp: Is that a prediction Mark? lol 116

117 13:08 Mark_C: not sure how I did that 13:09 Mark_C: was just trying to wake up the machine 13:09 Carol: ghost busters? 13:09 Mark_C: yup 13:09 Mark99: Who ya going to call? 13:11 Carol: GHOST BUSTERS/Mark 13:11 Carol: straight up since your call 13:11 RMFJ: lol 13:12 okietrader: out flat +0 13:12 Mark_C: better lucky than good some days 13:13 RMFJ: hold on to your butts... 13:13 Carol: don't see your arrow 13:14 ctp: Hole in the histogram at :15 RMFJ: yes 1410 to :15 alice: Mark see if u can posst histogram 13:17 Mark_C: dont know how it was a mistake 13:18 alice: a good mistake 13:18 Carol: try to wake up the mkt more often 13:19 RMFJ: could be forming a h&s here on intraday if we don't clear 1410 level roughly 13:19 ctp: rounded bottom on the internals 13:19 RMFJ: yes and ergo crossing now 13:19 RMFJ: lt sto turning up at green line 13:19 allyn: holes filled 13:20 ctp: yes Allyn 13:20 ctp: I think it's cool how that works 13:20 allyn: yes indeed 13:20 RMFJ: now to push past ONH 13:21 ctp: However, now another one exists at I wonder if that means that after going up for a bit, it will attempt to come back and fill that hole also 13:21 RMFJ: back to POC 13:22 mrandersen10: ERG didnt cross yet 13:22 RMFJ: I see hole roughly between :23 Birdy: long :23 mrandersen10: when it crosses we'll be back at the balance highs and then fall back down and i'll be confused all over again 13:23 ctp: Lendar, are you long? 13:24 mrandersen10: ctp did u enter on the break back over critical line? 13:25 ctp: I got in a ltiile sooner - after we tested the overnight VAH and bounced 13:25 lendar79: no im not long 13:25 RMFJ: same ctp 13:27 AspenTrader: I like to run a keltner channel for confirmation of extension to those longs...currently, seems to be holding the top of keltner and rolling back 13:27 lendar79: in my optinion its just a chop between and :27 ctp: yeah, could be 13:28 mrandersen10: rmr critical line doesnt support/resist when it's flat 13:28 ctp: might be good for a couple of points though 13:29 ctp: Flat +1 13:29 RMFJ: same :30 RMFJ: well late lunch...adios muchachos 13:30 allyn: cu 13:30 mrandersen10: gj, adios 13:30 RMFJ: nice work ctp 13:30 lendar79: bye 13:31 ctp: you too RMFJ. I probably should have just let it run, but no need to be greedy on an iffy trade 13:31 ctp: bye lendar 117

118 13:31 ctp: Nice trading Lendar! 13:33 ctp: Cynthia might be disappointed in my lack of fortitude, however ;) 13:34 ctp: I was up 2.5 in this trade, but decided to move my stop up to lock in 1 point. I probably should have just moved my stop to break even and let it run to do whatever it might. 13:34 Carol: that is the lesson I am working on right now. 13:38 Queenie: Question>>how many days on the WMA is it 22 or 24 13:38 john boy: 22 if you are using :39 ctp: TOS or Ensign? 13:39 john boy: 24 if using :39 ctp: Thanks JB 13:39 Queenie: Good got it right, thanks JB 13:39 john boy: yw 13:39 NPR: 22 on ensign 13:39 Queenie: Had a senior moment 13:39 ctp: lol 13:39 john boy: mine is permanently senior 13:40 Eminiess: JB do things hide from you? They do me 13:40 bru17: come on JB your just a kid 13:40 john boy: yes, and normally important stuff 13:41 john boy: a kid at heart 13:41 bru17: there ya go boy[lol] 13:41 john boy: ya have to grow older ya don't have to grow up 13:44 Birdy: flat 0 13:44 Birdy: not enough mojo yet 13:44 john boy: birdy, this one got boring didn't it 13:44 DJR: Birdy it is a tough day! 13:45 Queenie: Friend of mine, notorious for leaving his keys in the car, came out of a meeting to find that his car was gone. He reported it to the police and after another meeting called his wife to come pick him up. When she answered the phone she told him that as soon as she could convence the cop that she didn't steel the care she'd be right there. she had dropped him off and went to do some shopping. 13:45 YO: We have to wait, SOH when market is balanced and today is balanced 13:45 ctp: It is spending enough time right here, it could be setting up for a nice afternoon short 13:46 Birdy: I think I'll do more research into new computer. 13:46 Cynthia E: LOL Queenie! :) 13:46 Cynthia E: Hey Gang! Hope you all had a good break - and we are still right in the middle. 13:46 bru17: how was your luch Cyn 13:46 Cynthia E: with a few holes to fill 13:46 JGM: caught in the cobwebs of my mind queenie 13:46 ctp: Do you have another prophetic chart for us MarkC? The last one was good for a point or two! 13:47 ctp: Puting together a new trading machine Birdy? 13:47 Birdy: queenie, that is so classic. Gotta luv it. 13:47 Birdy: yes ctp 13:47 Cynthia E: busy - bru :) 13:47 YO: yo yo yo yipee my new computer just arrived! now can join the Ensign party! 13:47 Queenie: true story 13:48 bru17: niceeeeeeeeeeeeeeeeee Yo 13:48 Cynthia E: Whoo HOO!!! YO YO YO YO YO! :) 13:48 Birdy: I'm going to try and hook up led TV instead of multiple monitors. 13:48 mrandersen10: sweet YO, my first day w/ everythign together, it's soo worth it! 13:48 Cynthia E: :) 13:48 ctp: Nice ascending triangle on now 13:48 YO: now I will be full of questions for CYN ctp and all on ensign 13:48 YO: thanks in advanced : ) 13:49 Cynthia E: pretty cool huh mrandersen? 13:49 YO: great to hear Mr a 118

119 13:49 Birdy: I figure my LED can earn it's keep doing double duty. 13:49 ctp: you bet Yo 13:49 Cynthia E: YO - be SURE you watch the videos on Support #5-17 in order - it will save you a ton of time and headaches 13:49 Carol: too funny, queenie 13:49 Will: Birdy I think you may be disappointed in the resolution and sharpness. 13:49 ctp: I have (3) 24" monitors on my desktop and a 17" laptop with a 21" monitor attached to that 13:50 YO: awesome I hate headaches 13:50 Birdy: How come Will 13:50 Cynthia E: heads up - breaking higher here 13:50 ctp: I'm looking to get a 50" LCD to mount on my wall above my 3 monitors 13:50 ctp: SEE!!!! There's that fortitude I should have had! 13:51 john boy: that is what that trailing avg is for... I keep telling myself 13:51 Cynthia E: Will - why would resolution be different on a high quality LED TV than a 24" to 27" computer monitor? Just curious? 13:51 ctp: Yes, JB. I should definately used it 13:52 Will: I assume it is a 1080P and it can only drive to, I think 1980X1080. On the large screen that just makes it bigger and still basicly goives the same realestate 13:52 ctp: It has to be a really high end TV to have similar resolution 13:52 ctp: That's correct Will 13:52 bru17: JB lets say someone has 15 rules on trade one of the day they forget 6 n 7; on trade 2 of the day they forget 4 and 5 and on trade thrfee of the day they forget they have nutin left 13:52 Will: Let me get a link 13:53 mrandersen10: buy a set of ultrahd 4K monitors :) 13:53 mrandersen10: 4096X :54 bru17: I called that number last week...some husband answered I ran 13:54 Cynthia E: But - Will I wouldn't have one chart spread out as big as the screen - each chart wouldn't take up any more real estate than a 23" monitor - so I'll be looking at a chart the same size as I am now - I'd just be able to fit 4-6 of them on the screen - so would that really make them "bigger"? 13:54 Birdy: now I feel lost, you guys are throwing numbers around. 13:54 Cynthia E: I am actually asking you if you know Will - I'm not a techy type person - so I'm trying to learn what the difference would be. 13:54 ctp: Cyn, that would only work if your resolution was much higher than 1080p 13:55 Cynthia E: why ctp? 13:55 Cynthia E: how would it be any different than watching 3-4 tv shows at once using Picture in picture? 13:56 mrandersen10: the pixels would just be bigger, you wouldnt actually have more, so you're just blowing everything up instead of having more space 13:57 ctp: Let's say your current chart takes up half of your monitor (which I would assume is 1080p). It is roughly using 540 pixels wide. If your TV only has 1080p, the same chart moved from you monitor to the TV will now take up half of the TV 13:57 Cynthia E: you guys are compelling me to take Michael's laptop to best buy and plug it in to one and pull up some charts :) 13:57 ctp: Like MR A said - pixels are just larger 13:57 Cynthia E: not if I shrink it on the TV 13:58 YO: lol that would be great cyn. Best buy guy would be so confused 13:58 john boy: cyn if you shrink it on the TV you have less pixels making up the picture, thus less clarity 13:58 YO: they would be like you mean your NOT watch tv with this 13:58 ctp: you can shrink it's size, but you will only fit half of the data on the chart that you have now 13:59 Will: Try this link. It has a discussion and you can see where the problem lies. 13:59 Birdy: so it would look like I have now only bigger and blurryier? 13:59 Will: Sorry did not mean to post to the board just to chat. 14:00 Birdy: *not as clear 14:00 Will: You would also need to be further away 14:02 Birdy: I've been to shows where they show charts on TV's and they look good. I need to dwell on this info.. 119

120 14:03 mrandersen10: a lot of ppl ask y anyone would buy a 30" high res pc monitor for $1k when they can get a 60" tv for the same price. it comes down to resolution 14:03 Cynthia E: Will and CTP - please check your - I just sent you an excel file layout - pls look at and comment 14:03 Will: Cyn I would take the laptop and check it out. Think you will be disapponted, but you need to know 14:04 ctp: ok 14:04 Cynthia E: agree - check your and look at what I sent 14:06 ctp: Can't really tell by looking at that Cyn. Those boxes or screens would fit, but whether or not you would be able to fit what you want within each "screen" is a different matter 14:06 ctp: Cyn, what resolution is one of your current monitors? 14:08 Cynthia E: best is 1920 x 1080, other 3 are 1280 x :08 ctp: OK. Take the one that is What is the width of the monitor? 14:08 Will: Cyn I looked at the chart. It's possible it will work, but think it would be grainy on 1080P. I went by my AV guy, but the knowlegable guy was not in. If there are TVs that will drive higher then that may work; however, cost would be much higher. I'll check further and send an 14:09 Cynthia E: cool thanks 14:09 Cynthia E: CTP - it is 20" x 11.25" or 23" 14:09 mrandersen10: if u wanted to put multiple charts on the tv screen, try placing those same charts on your 1080 monitor now and it'll look exactly the same on the TV just bigger 14:10 mrandersen10: as the tv is physically bigger 14:10 Cynthia E: I see what your saying mrandersen 14:10 Will: By the way I have an LCD in my trading area and tried to hook to a computer with an HMDI cable. Cable was too wide and interfered with the slot. Will try furher 14:11 Rhemabound:...hmmm - I think we have the jobs report boogie man lurking... mkt me-andering... 14:12 ctp: OK. Let's take the 23" monitor and say you wanted to see what it would look like on a 50" TV that was 1080P. You would essentially chage the resolution on that monitor to 1024x768 to equal what it would look like on the 50" TV 14:12 Birdy: Will, please look at the info. for AMD Radeon HD 7870 GHz graphics card. You will have to google, I don't want to put link here. 14:13 ctp: Will, that was probably a "Display" cable. Looks similar to HDMI, but not quite the same 14:14 Will: you may be right. it was 25" and that way what they had 14:14 Cynthia E: Sorry all for the "computer talk" but at least 5 people are buying new trade systems right now and considering upgrades and don't have the savvy or knowledge in this area - and I know that we have some VERY knowledgeable people here that can help them out. 14:14 Will: I first started looking into this concept when it was posted here 14:15 lendar79: stay with intel and nvidia 14:15 ctp: Yep 14:16 ctp: I build, sell and administer computers as a side job, so have a fair amount of experience with it 14:16 ctp: When I was setting up my system, I decided on (3) 24" high res monitors ($600 each) in order to have the resolution I wanted 14:17 Cynthia E: See Chart on Next Page: 120

121 14:17 ctp: I knew if I was watching them all day long, I didn't want something unclear and tough on my eyes 14:17 Will: We used TVs at BJC hospitial for several tasks, but the viewing distance was around ten feet and it worked well with the medical software. Charting and screen realestate I don't know. Wil check and send to Cyn 14:17 Cynthia E: Here is the current histogram - Market is staying balanced within the ONL range and yesterday's poor high with no breakouts either way - and we have some downside holes to fill in here 14:18 ctp: We are still within yesterday's channel on the :18 Cynthia E: Thanks CTP and Will - any further info you can contribute will be appreciated - I will of course pass it on! 14:19 Cynthia E: that too CTP - good point 14:19 Will: Currently I have four 19" square moniters from Dell. Would like to 8, but will wait awhile 14:20 Cynthia E: Will - If I were to do this I intend to remodel my office and install both TVs on the wall and use a wireless keyboard and mouse - so I can sit back any distance necessary. 14:20 Cynthia E: the "feet on the desk" Dalton idea! :) 14:20 Tombo: on the horse looking in window mouse in hand 14:21 ctp: I sit that way all day long, except when entering / exiting trades or typing in chat 121