RealityTrader Trading Log

Wednesday, May 23, 2007

Realitytrader TradeLog - May 23, 2007

Session Start: Wed May 23 00:00:00 2007

Session Time: Wed May 23 00:00:00 2007


Session Start: Wed May 23 07:33:16 2007
[07:33] *** Now talking in #discussions
[07:33] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[07:34] {Threei} SGMS 1:1
[07:34] {magoo} AMZN trigged
[07:35] {craigaudio} nice spike for you too maggo
[07:35] {craigaudio} magoo
[07:38] {esemde} I'm Long 500sh NTRI 63.78 ...this is a swing trade
[07:39] {esemde} I know we aren't doing this here but i thought that i would let you know
[07:39] {Threei} some of us do
[07:39] {esemde} been following this one for weeks....huge short squeeze potential
[07:40] * Threei is not going to name names but pointing finger at Roman
[07:40] {magoo} AMZN 71
[07:41] {esemde} ahhhhh haaaaa!!
[07:41] {craigaudio} nice gap fill on NTRI today
[07:42] {magoo} i minute to 71.23
[07:43] {magoo} 15 area next on CYPB
[07:45] * Threei envisions magoo doing rain dance in tutu over CYPB burial grounds
[07:45] {Roman} watching SOLF for another run, kinda strong other solar are not doing much
[07:45] {Roman} SIGA spike
[07:46] {Roman} LEND long setup
[07:46] {esemde} short ratio was over 10 at one point with blow out numbers last quarter
[07:47] {esemde} that spells disaster for either me or the short side...i'm bettin short side
[07:49] {dino} mw s .32, risky
[07:49] {magoo} aren't they all..sigh
[07:50] {dino} that is the business
[07:51] {Roman} long NFI
[07:51] {Roman} full size
[07:51] {Roman} all day hold
[07:52] {Roman} 6.70, maybe will get some mojo off FMT & LEND
[07:53] {Roman} GERN on radar
[07:59] {Roman} STEM high
[08:01] {Roman} ZIXI pop
[08:09] {Roman} JASO mentioned on CNBC
[08:09] {Roman} sqeeze!
[08:10] {craigaudio} nice
[08:11] {magoo} awesome rfr
[08:11] {magoo} caught 24.60 and out 25
[08:12] {Roman} gj
[08:12] {dino} wtg
[08:13] {Roman} SIGA new high
[08:13] {Roman} ASIA swing working out decent
[08:14] {Roman} CNQR new high
[08:15] {Roman} somethig is up with SIGA
[08:15] {Roman} SIGA +8.1% (announces successful results of proof of concept guinea pig trial of ST-193),
[08:15] {Roman} news earlier
[08:15] {magoo} come on maverick (ie vad) engage
[08:15] {Roman} SIGA Technologies says passes first hurdle with lassa fever antivirial ST-193 (3.69 ) : Co announces the "successful" results of a proof of concept guinea pig trial of its lead Lassa fever virus drug, ST-193. Administration with ST-193 resulted in significant reduction in mortality at the two doses tested, 80 mg/kg and 25 mg/kg, whereas all of the control animals and those treated with ribavirin succumbed to the disease within 20 d
[08:15] {Threei} hmm?
[08:16] {Roman} out ATHR flat
[08:17] {magoo} top gun
[08:19] {dino} cov mw .72, +.60
[08:19] {craigaudio} MXIM
[08:20] {dino} no takers huh
[08:20] {lklarson} sorry
[08:20] {dino} np, magoo hit it
[08:20] {magoo} THANX DINO
[08:20] {lklarson} missed that one unfortunately
[08:21] {dino} comv stalking
[08:22] {craigaudio} out mchx
[08:22] {craigaudio} cheers for call
[08:22] {dino} i'll grab the cabo wabo
[08:26] {dino} seno hl s .48, wild
[08:27] {esemde} well done craig
[08:28] {craigaudio} just sticking to the plan
[08:29] {dino} gj craig
[08:29] {Threei} when you have 15 min,
[08:29] {Threei} http://www.realitytrader.com/media.html
[08:30] {Threei} scroll down to grren icon
[08:30] {Threei} traderinterviews
[08:30] {dino} when you have time, get me a beer
[08:30] {Threei} but keep in mind, i hate it
[08:34] {dino} appb blood
[08:34] {Threei} PDLI
[08:35] {Threei} .60 long if stays above .50
[08:36] {Roman} ACOR long watch
[08:37] {craigaudio} big order in PDLI at .62 Vad
[08:38] {dino} cov seno .82, +.66, on darn partial 260
[08:39] {dino} 40 hanging
[08:43] {dino} mblx spike
[08:43] {dino} nvec
[08:44] {esemde} I thought the interview was very good Vad....you'll be alot more critical of yourself for sure but it was very good
[08:45] {esemde} the fellow who was ainterviewing you was not the most dynamic interviewer
[08:45] {Threei} thank you
[08:47] {Threei} magoo
[08:47] {Threei} look who is in
[08:47] {magoo} yes
[08:47] * Threei slaps LaserDave around a bit with a large trout
[08:47] * magoo slaps LaserDave around a bit with a large trout
[08:47] {Threei} there
[08:47] {magoo} thanx for alert
[08:47] {Threei} always
[08:48] {esemde} what did dave do this time?
[08:49] {Threei} if we knew what he did we would probably kill him...
[08:49] {dino} i was just explaining to magoo why you want partial fills
[08:49] {dino} enoc
[08:49] {Threei} that was morning idea... [08:59] {Threei} keep an eye on Laserdave dropping by, let's slap him happily
[08:50] {Threei} esemde, look dcc please :)
[08:51] {dino} cov remaining 40 seno .82
[08:52] {Threei} PDLI invalidated
[08:52] {dino} answer, the partials have to work, otherwise not partials
[08:53] {magoo} indeed it is vad
[08:53] {Threei} too deep dino...
[08:54] {magoo} everytime or team scores 100 points and we hold our opponent under 100......we USUALLY? win : )
[08:55] {dino} spls bstop to .01, slowwww
[08:56] {dino} cov spls .01, +.11, at daily, pulling back a bit
[09:03] {dino} efii
[09:09] {esemde} Vad, dcc
[09:14] {dino} psun
[09:14] {esemde} am off ..have a great rest of the day everyone
[09:14] {magoo} c u ES
[09:14] {Threei} take care esemde
[09:16] {Threei} FITB
[09:16] {Threei} .10 long for a scalp
[09:16] {Roman} out 1/2 NFI +.52
[09:17] {dino} later ese
[09:17] {Roman} take care esemde
[09:19] {dino} psun hl s .44, whippy
[09:19] {craigaudio} amzn attacking again
[09:19] {Threei} FITB 1:1
[09:19] {craigaudio} nice im out
[09:19] {magoo} out .23 THANX boss
[09:19] {Threei} welcome :)
[09:19] {Threei} nice and easy
[09:19] {magoo} INDEED
[09:20] {magoo} find another
[09:20] {Threei} it's never enough, is it?
[09:20] {Threei} :)
[09:20] {craigaudio} AZMN?
[09:21] {dino} cov psun .20, +.24
[09:22] {lklarson} nice one dino, missed it
[09:23] {lklarson} thx vad on fitb
[09:23] {Threei} MECA guys, don't forget
[09:23] {Threei} welcome lkl
[09:23] {lklarson} man, you still in that one vad
[09:23] {craigaudio} are you buying on break of .50 vad?
[09:23] {Threei} yes, .51 long
[09:24] {lklarson} ok
[09:24] {dino} ty lkl. brb
[09:24] {Threei} why not lkl... it behaves according to scenario so far, break of .50 is a valid trigger
[09:24] {lklarson} yes, you called it all the way so far, lol
[09:25] {Threei} look how 1:1 turned FITB
[09:25] {Threei} textbook
[09:25] {lklarson} nice
[09:26] {Threei} funny
[09:26] {Threei} canadian trader for a big bank lost 6 B (you read it right) in one week,
[09:26] {Threei} betting on natural gas price rising
[09:26] {lklarson} ouch
[09:27] {Threei} counting on damage from hurricanes etc
[09:27] {Threei} when I read the account of the story
[09:27] {Threei} I see mistakes he made,
[09:27] {Threei} and guess what
[09:27] {Threei} they are those same that I start any newer trader with
[09:28] {Threei} basic stuff about underlying market logic
[09:28] {Threei} "good news - up, bad news - down"
[09:28] {Threei} bank would do well paying me 1 B for training their traders - would have saved them 5B {G}
[09:29] {magoo} amzn feels like 72 comith
[09:29] {magoo} breathes hard tho
[09:29] {magoo} i am in off .30
[09:30] {Threei} AMZN, aka Hard Breather
[09:32] {Roman} i love the interview VAd
[09:32] {Threei} really?
[09:32] {Roman} had a smile on my face
[09:32] {magoo} u reading it or listening in?
[09:32] {Roman} listening it, got to HEAR vad speak
[09:33] {Threei} it's sound stream magoo, not a printed one
[09:33] {Threei} why smile roman? I really tried to refrain from jokes, wasn't about to kill potential listeners with my sense of humor which as we all know... umm... leaves much to desire
[09:34] {dino} vad the only problem is you still would have lost 1 b then
[09:34] {Roman} the way you talk, i get a feel that you are part of russian mafia stock trading community
[09:35] {Threei} part?
[09:35] {Threei} :)
[09:35] {Threei} why dino
[09:35] {DaveG} he's the head cheese
[09:35] {dino} 6b-5b=1b
[09:35] {Threei} you mean they would?
[09:35] {magoo} he has head cheese? yuck
[09:35] {dino} potatoe potato
[09:36] {Threei} well, the way I see it they would have saved 5 :)
[09:36] {Roman} but seriously, it's a very good interview, good coverage
[09:36] {Threei} and now I have real dilemma
[09:36] {Threei} who to trout, dave or magoo
[09:36] {Threei} ah, to the heck with choices
[09:36] {dino} busting you, only cause the 1b would've taken me out of the game
[09:36] * Threei slaps DaveG around a bit with a large trout
[09:36] * Threei slaps magoo around a bit with a large trout
[09:37] {DaveG} cover the bases
[09:37] {magoo} is that what all doc appointments are for ROFLOL
[09:37] {dino} pretty sure "chuck" would've called
[09:37] {Threei} awww... don't remind me, I have another one today :(
[09:37] {Threei} lol dino
[09:37] {magoo} come on AMZN
[09:37] {Threei} "you've got little margin call bud, nothing awful, but still"
[09:38] {magoo} out .68
[09:38] {magoo} looking to reenter tho
[09:38] {magoo} over 72 comith or i have what vad has
[09:38] {Threei} sigh
[09:38] {Threei} abuse I take
[09:38] {dino} exactly
[09:41] {magoo} in back .54
[09:46] {magoo} out here .85
[09:47] {Threei} nice scalping footwork
[09:51] {Threei} MECA about to
[09:52] {Threei} AMZN's verdict: magoo doesn't have what I have
[09:54] {magoo} : )
[09:55] {craigaudio} MECA fired
[09:55] {Threei} yup
[09:55] {craigaudio} what stop you using Vad
[09:55] {craigaudio} .43
[09:55] {craigaudio} ?
[09:55] {Threei} for swing trade, .30
[09:55] {Threei} for daytrade, .39
[09:55] {craigaudio} are you swinging it
[09:56] {craigaudio} ?
[09:56] {Threei} for aa scalp which I am not doing on this one, yes, .43
[09:56] {Threei} most likely yes
[09:56] {craigaudio} why swing?
[09:56] {Threei} unless it decides to go big today
[09:56] {Threei} because it acts step in step with my original swing scenario from 3.10
[09:56] {Roman} let the man SWING for once
[09:57] {Threei} remember it?
[09:57] {Threei} lol
[09:57] {craigaudio} hey isnt this an educational site?
[09:57] {Threei} yes it is
[09:57] {Roman} just kidding craig
[09:57] {Threei} this is why I didn't just say buy it at 3.10
[09:57] {craigaudio} i know
[09:58] {Threei} but went into great pain of explaining why
[09:58] {Threei} pain being, magoo looking at me, shrugging and saying "ah, just shutr up and say when to sell"
[09:58] {craigaudio} hmmm. sorry ive forgotten the rationale for the original trade.
[09:59] {Threei} if you want, I can find the scenario description in logs
[09:59] {craigaudio} is there a quick version
[09:59] {Threei} gimme a few
[09:59] {craigaudio} oh dont worry no drama
[09:59] {craigaudio} jesus was it that long a description?
[10:00] {Threei} not that long, I am just too lazy to type it again :)
[10:00] {craigaudio} i perhaps fell asleep during it then
[10:00] {Threei} or, my memory faded
[10:00] {craigaudio} mines pretty poor. i need some brain food
[10:00] {Roman} GMKT GMarket pops to session highs on rumor that YHOO could buy rest of the co (20.87 +0.49)
[10:02] {craigaudio} AMZN to the moon
[10:03] {dino} fitb
[10:03] {craigaudio} magoo you got it wrong. you said 71? the answer is 73
[10:03] {Roman} AMZN topped
[10:04] {magoo} thats what i think
[10:04] {Roman} the challange is to find that perfect spot to short
[10:04] {Roman} LEND new high
[10:04] {Threei} wow FITB
[10:05] {craigaudio} wow indeed
[10:05] {magoo} loss .50 rfr
[10:05] {craigaudio} so this is scalpers regret vad
[10:05] {Roman} OMTR high, hard to play
[10:06] {Roman} OMTR jumping
[10:06] {dino} u guys playing fitb?
[10:07] {Threei} did earlier
[10:07] {Roman} i got NFI earlier to hold all day, in case these lenders pop
[10:07] {Roman} doing alright so far
[10:07] {craigaudio} yes up a dollar roman. nice play
[10:09] {Roman} yeah, playing with LEND & FMT
[10:10] {craigaudio} wow
[10:10] {craigaudio} very good day for you roman.you have talked about backing the lenders though for a few days havent you
[10:11] {Roman} have been following them for a month now
[10:11] {Roman} OMCL new high
[10:11] {craigaudio} FMT nice continuation after fridays gap and yesterdasy lull
[10:13] {Roman} out remaining NFI +.90
[10:15] {DaveG} wtg
[10:18] {Roman} FTEK
[10:18] {Roman} sqeezing
[10:47] {dino} unca
[10:50] {magoo} hello???
[10:50] * DaveG slaps magoo around a bit with a large trout
[10:50] {Roman} :)
[10:57] {Threei} if NQ shows recovery, BRCM .47 long for a scalp
[10:58] {Threei} .39 stop
[10:58] {dino} s hl comv .80
[10:58] {dino} risky
[10:58] {dino} and wide
[11:05] {dino} ladeeda
[11:08] {dino} enoc
[11:10] {magoo} vad, u liking BRCM setup?
[11:12] {Threei} scratching my head
[11:13] {Threei} not sure magoo, honestly
[11:13] {Threei} if it held above ,40 answer would resounding yes
[11:13] {magoo} what to do...what to do....i could killl you??
[11:14] {magoo} mark antony
[11:14] {DaveG} denny crane
[11:14] {Threei} sigh
[11:15] {Chaeron} {{{ on phone with lawyer getting info on restraining order on magoo for Threei
[11:15] {dino} cov comv .49, +.31
[11:15] {Threei} thank you
[11:16] {dino} it is a good day to die
[11:16] {dino} lkl, u get that
[11:16] {dino} comv
[11:16] {magoo} violant office here
[11:16] {dino} heavy mtal does that
[11:16] {lklarson} no missed it too, argh
[11:17] {dino} i give up lkl, don't know what to do, :)
[11:17] {Chaeron} violant? Where's Raven....???
[11:17] {lklarson} sorry
[11:21] {dino} red day
[11:23] {dino} unca hl s .25
[11:23] {magoo} CYPB sh loss 16
[11:25] {magoo} feel real good on that one btw...but read disclaimer please
[11:27] {magoo} i just kicked dino in the ass so hard his tongue reads NIKE
[11:28] {lklarson} in unca at .27 sort
[11:28] {dino} and your foot smells to boot
[11:28] {lklarson} SHORT
[11:29] * magoo slaps lklarson around a bit with a large trout
[11:29] {dino} sort of or shrt, lol
[11:29] {lklarson} it's amazing, lol
[11:31] {dino} cov unca .01, +.24
[11:31] {lklarson} me too, thx dino, got that for a change
[11:33] {dino} gj buddy
[11:33] {lklarson} it's getting better:)
[11:34] {Threei} good one guys
[11:34] {dino} ty
[11:34] {dino} mkt is changing last 2 weeks. things are getting easier on the short side for me
[11:38] {magoo} COME ON VVAD...I NEED ONE MORE HIT FOR MY DAILY GOAL
[11:39] {Threei} can we lower your goal instead? :)
[11:39] {magoo} well if u give me a loser it will he he
[11:40] {Threei} lol
[11:40] {dino} vclk bloody
[11:41] {magoo} big reversal today...can't wait for cnbc pundits to talk about it all day
[11:42] {magoo} prefer a winner if u can vad
[11:44] {magoo} amzn feels short
[11:45] {lklarson} greenspan comments reason for reversal
[11:45] {magoo} he still alive?
[11:45] {Threei} thias guy just won't go awaqy
[11:45] {lklarson} lol
[11:46] {dino} comv spread
[11:47] {dino} was just .50-.91
[11:51] {Threei} NWEC 33 break short scalp
[11:52] {Threei} if stays below 33.10
[12:03] {Threei} Dave is strangely quiet last days
[12:03] {DaveG} yes he is
[12:03] {Threei} keep an eye on this guy lest he wins his contest aand runs away with our million
[12:07] {Threei} Ok guys, time for me to leave for docs
[12:07] {Threei} be good
[12:08] {Threei} you too magoo (I realize it's not an option really)
[12:08] {Roman} good luck Vad, see u tomorrow
[12:08] {dptl} good luck
[12:08] {Threei} thank you, take care
[12:08] {lklarson} take care vad, good luck
[12:08] {dino} gl vad
[12:11] {magoo} man AMZN gave it all back...nice
[12:15] {dino} calling it a day, very good one. golf course calling me, 84 degrees and sunny
[12:16] {lklarson} thx dino, gl with golf
[12:16] {magoo} i going golfing too, six pak, cart, 9 holes ,private course
[12:17] {dino} take care
[12:17] {patience} i walked around the golf course this morning if that counts....but no beer :(
[12:17] {lklarson} nice, hit em straight
[12:46] {craigaudio} bye guys see you tomorrow
[12:56] {dptl} bye guys
[12:57] {lklarson} good night all