Realitytrader TradeLog - May 24, 2007
Session Start: Thu May 24 00:00:01 2007
Session Time: Thu May 24 00:00:01 2007
[05:43] {DaveG} morning
[05:44] {esemde} good morning rt's
[05:45] {cosmo} TASR gets big order ... economy must be picking up
[05:46] {esemde} obviously more people to zap these days....
[05:46] {cosmo} yeah... growth
[05:48] {cosmo} ... just wait 'till the conventions
[05:49] {esemde} imagine everyone walking around zapping each other for fun...hey Ralph how ya doin!!!...Zap...laugh laugh
[05:50] {cosmo} hmm.... i could see that
[05:54] {magoo} morning people
[05:55] {cosmo} BRLC (offers shares):...pre mkt recovery high = 6.04 fwiw
[05:55] {magoo} new morning
[05:55] {cosmo} brave new morning
[05:55] {esemde} did you bring your taser magoo
[05:56] {magoo} huh?
[05:56] {esemde} we were just talking about the reality trader taser convention
[05:56] {esemde} hey magoo how ya doin.....ZAP laugh laugh laugh something like that
[05:57] {cosmo} trader convention?
[05:57] {cosmo} nah
[05:57] {cosmo} political
[05:57] {esemde} taser sales are up
[05:57] {cosmo} two coming up
[05:57] {_ted123} Hi
[05:57] {esemde} gm ted
[05:58] {_ted123} :)
[05:59] {esemde} LJPC also up on Phase 3 stuff relating to Lupus 1/2 mil shs so far up1.40
[06:02] {Threei} Good morning guys
[06:03] {esemde} morning VAD
[06:03] {Threei} esemde :)
[06:03] {lklarson} morning all
[06:04] {Threei} lkl :)
[06:04] {esemde} want to join the reality trader TASER convention Zapping one another for fun...taser sales up apparently
[06:04] {craigaudio} gm everyone
[06:04] {lklarson} liked the interview vad
[06:04] {Threei} this would be an upgrade from our usual trout convention
[06:05] {esemde} definately!
[06:05] {Threei} which causes bad smell for blocks and blocks, so we always get fined
[06:05] {Threei} craig :)
[06:05] {Threei} ty lkl
[06:05] {esemde} ya ...this would only be short lived burn smell
[06:06] {Threei} craig, sorry, it took me longer than I thought to find that piece on MECA
[06:06] {Threei} I didn't factor in frequent falling asleep
[06:06] {craigaudio} hey vad. lol
[06:06] {Threei} http://www.realitytrader.com/tradelog/2007/05/realitytrader-trading-log-may-9-2007.html
[06:07] {Threei} first, small exchange around 8:32
[06:07] {Threei} then starting from 1)34
[06:07] {Threei} 10:34
[06:08] {craigaudio} thnks vad
[06:08] {Threei} and you know the funniest part?
[06:08] {Threei} at 12:09 you asked me about plan for MECA
[06:09] {Threei} and I pasted for you all that previous discussion :)
[06:09] {craigaudio} lol...cant get away with anything with it all logged!
[06:09] {Threei} nope
[06:09] {craigaudio} third time lucky
[06:09] {Threei} next thing we saw:
[06:09] {Threei} 05/09/07 12:11:57 magoo experiencing dejvu' here
[06:09] {Threei} 05/09/07 12:12:04 craigaudio ok thanks
[06:09] {Threei} 05/09/07 12:12:09 magoo i've seen that before
[06:09] {Threei} 05/09/07 12:12:18 Threei my fault magoo
[06:09] {Threei} 05/09/07 12:12:22 Threei I ran out of material
[06:09] {Threei} 05/09/07 12:12:26 Threei repeting myself
[06:10] {Threei} :)
[06:10] {craigaudio} lol
[06:10] {Threei} be back in 10... cofgfeemaker didn't turn on aurtomatically, running late with coffee :)
[06:10] {dptl} good morning all
[06:13] {dino} gm all
[06:15] {dino} .
[06:16] {esemde} NQ looks to be taking a bounce
[06:17] {Threei} dp, dino :)
[06:18] {dino} 3i............................
[06:19] {Roman} MITI +42.0% (co and Nycomed enter into exclusive worldwide collaboration to develop and commercialize anti-GM-CSF antibodies),
[06:20] {magoo} vad, can u post link to yor interview now, i'll go to it before bell
[06:20] {Threei} dptl, dcc please
[06:20] {Threei} http://www.traderinterviews.com/programs/RealityTrader.mp3
[06:21] {cosmo} how many minutes?
[06:22] {esemde} SAFM Sanderson Farms Inc., which distributes fresh and frozen chickens, said Thursday it swung to a profit in the second quarter due to higher prices and increased production.
[06:22] {esemde} Net income was $26.9 million, or $1.33 per share, compared with a loss of $16.6 million, or 83 cents per share, in the prior-year quarter.
[06:23] {esemde} up 5.61 at top of the range...could be short squeeeze
[06:23] {magoo} listening right now lol
[06:23] {dptl} Vad..dcc
[06:26] {Threei} 15 I think cosmo
[06:26] {cosmo} 10.31
[06:26] {cosmo} 10:31
[06:26] {Threei} he couldn't stand me for more than that then
[06:27] {magoo} luvin your interview u big RUSSIAN BEAR U
[06:28] {Threei} lol
[06:28] {craigaudio} LJPC lots of premarket volume
[06:28] {magoo} hey, talking about this elusive concept of 1 to 1
[06:28] {Threei} btw, this is one of two original founders of Trading Expo
[06:28] {Threei} lol
[06:30] {dino} i don't understand...no mention of dino in interview
[06:30] {cosmo} NTAP
[06:30] {cosmo} 32 test
[06:30] {Threei} I kept it for the last 4 minutes dino... and he cut me short :(
[06:31] {magoo} no magoo either
[06:31] {Threei} same
[06:31] {magoo} VERY GOOD VAD{ enjoyed it
[06:31] {dino} gymb spike
[06:32] {Threei} MITI 3.30, very risky
[06:33] {Threei} if loses 3, not a play for now
[06:33] {Threei} maybe a bounce candidate around 2.80 then
[06:34] {esemde} TASR missed it
[06:34] {magoo} amzn peaked yester around 73.19
[06:34] {magoo} 68 now
[06:34] {Threei} TASR premarket resistance 10.20
[06:35] {dino} risky, hl s gymb .69
[06:36] {magoo} dow green
[06:37] {magoo} watching LJPC
[06:39] {esemde} greenspan strikes again..
[06:39] {dino} cov gymb .40, +.29
[06:39] {esemde} his comments yesterday about retracting asian markets
[06:40] {esemde} having a morning effect
[06:40] {Threei} NTAP .75 long if stays above .50, half lot
[06:40] {dino} too soon
[06:40] {Roman} PACT long
[06:40] {Roman} 4.30
[06:40] {Roman} MVIS on radar, slow
[06:41] {Threei} NTAP 1:1
[06:41] {craigaudio} missed it
[06:41] {craigaudio} wow activity
[06:41] {Threei} 1:2
[06:41] {craigaudio} AMZN looks good here
[06:41] {Threei} anyone got it?
[06:41] {magoo} out .27 THANX BOSS
[06:41] {Threei} what reflexes :)
[06:42] {lklarson} yhx vad very nice ntap
[06:42] {magoo} i been hitting good eh?
[06:42] {lklarson} THANX
[06:42] {Threei} understatement of the day
[06:43] {dino} wor s .28
[06:43] {magoo} how about shorting its pullback vad??
[06:43] {Threei} not now
[06:43] {Threei} let's think short when the heat is over
[06:44] {Threei} for now it's like standing in front of freight train
[06:44] {Roman} DRYS watching short
[06:44] {dino} what is wrong w/that?
[06:44] {magoo} ok, but it will pullback somewhere..thats the money qusetuion
[06:44] {Threei} cosmo spotted it around 32 btw
[06:44] {magoo} nice cosmomellion
[06:45] {Threei} nothing really dino, you are right
[06:46] {magoo} qusetuion
[06:46] {Threei} CHTR guys
[06:46] {magoo} he he
[06:46] {Threei} 4.01
[06:46] {Threei} tough one to play admittedly
[06:46] {magoo} big correct?
[06:46] {Threei} stop 3.89
[06:47] {magoo} 3k?
[06:47] {Threei} so manage your size accordingly to your risk tolerance, liquidity allows practically any size on this one
[06:47] {magoo} in
[06:47] {magoo} 24k
[06:48] {Threei} this one may take some patience magoo
[06:48] {magoo} oh oh...not my best virtue
[06:48] {Threei} that's why I warn you :)
[06:49] {magoo} too late though, i in
[06:49] {magoo} 24000
[06:49] {Threei} sigh
[06:49] {dino} wor stopped -.30
[06:50] {Threei} so your risk tolerance is about $3K on any given trade
[06:50] {Threei} now we know
[06:50] {magoo} lol
[06:51] {magoo} i told u i was very tolerant
[06:51] {dino} ralllly
[06:52] {lklarson} any play in TASR
[06:52] {magoo} look at AMZN vad
[06:52] {Threei} TASR, .21 long... hesitantly
[06:52] {Threei} not sure this one has bright future
[06:52] {lklarson} thx
[06:53] {Threei} you trying to make me feel dizzy magoo?
[06:53] {cosmo} Bush gonna talk in the rose garden soon
[06:53] {magoo} how'd OUR doc appointment go yesterday?
[06:54] {Threei} yesterday? don't overestimate my memory span
[06:54] {dino} l rvbd .20
[06:54] {Roman} out 1/2 PACT +.32
[06:54] {Threei} nice one Roman
[06:54] {Roman} +.22
[06:55] {Threei} TASR stop 10.05 if you go for it
[06:56] {Threei} NTAP, small shares long off .50 if pulls back there
[06:57] {Threei} if not, breaK OF 34
[06:57] {dino} stopped rvbd damnj
[06:57] {Threei} stop .65 NTAP
[06:58] {Roman} u going long NTAP vad?
[06:58] {Roman} DSTI looking long
[06:58] {Roman} 4.60 small
[06:58] {Threei} I'd like pullback on it
[06:59] {Threei} FXEN?
[07:00] {Roman} keeping remaining PACT till end of day
[07:00] {Threei} nears .50 NTAP
[07:00] {Threei} let's see where it shows strength, don't buy just a number
[07:01] {Roman} in DSTI 4.460'
[07:01] {craigaudio} stopped TASR
[07:01] {lklarson} stopped tasr
[07:02] {Roman} long SOLF
[07:02] {Roman} small
[07:02] {dino} rvbd rinse-r-oni
[07:03] {Roman} JADE bounce
[07:03] {craigaudio} still in nyx
[07:03] {Roman} NFI continues
[07:03] {Roman} long NFI
[07:04] {Roman} 7.45/ 1/2
[07:04] {dino} de hl l .20
[07:05] {Threei} wow PACT
[07:05] {Roman} yeah, reported earnings, they are actually profitable
[07:06] {dino} out de .70, +.50
[07:07] {Threei} .41 long NTAP
[07:07] {Threei} if holding above .30
[07:07] {Roman} MVIS long setup
[07:07] {Threei} small shares
[07:08] {Threei} .29 stop
[07:09] {Roman} CYPB pop
[07:09] {craigaudio} out half 1:1
[07:10] {Roman} out 1/2 DSTI +.27
[07:10] {Threei} Roman's on fire today
[07:10] {Threei} 1:1 was easy on NTAP
[07:11] {Threei} I am trying for more
[07:11] {Threei} but can't blame you if you grab easy money and run
[07:11] {dino} like a "roman" candle
[07:11] {Threei} lol
[07:11] {craigaudio} im out NTAP. thnkx vad
[07:11] {Roman} :)
[07:11] {Threei} is it japanese candlestick formation?
[07:11] {Threei} welcome craig
[07:11] {dino} you just lost me. c'mon, keep it simple
[07:12] {dino} for xmas, i'm sending all of you "easy" buttons
[07:12] {dino} nvtl
[07:13] {Threei} half out NTAP +.20
[07:13] {Threei} stop .35 for the balance
[07:14] {Threei} not what I usually do, it's just that not often you get such a tight setup on this kind of volatile stock
[07:14] {Threei} so trying to milk it as much as possible ith minimal risk
[07:15] {Roman} out NFI -.03
[07:16] {Threei} FWLT... disgusting stock, but daily is a total beauty
[07:16] {Roman} ESLR nice reversal, wonder if it could sqeeze more
[07:16] {magoo} ntap going for 34 again imho
[07:17] {Threei} cool, thanks magoo, now I have who to blame if it fails :)
[07:17] {Roman} PEIX finding some interest
[07:17] {magoo} i take the burden boss
[07:17] {Threei} I appreciate the sentiment
[07:18] {dino} pact'
[07:18] {magoo} but IF it does..mention me next interview
[07:18] {Threei} yes sir
[07:18] {Threei} out NTAP
[07:18] {Threei} +.50
[07:19] {craigaudio} good job
[07:19] {craigaudio} need to hold longer
[07:19] {Threei} that was almost 1:5
[07:19] {Threei} ummm... don't change your approach with every trade that behaves differently craig
[07:19] {Threei} it takes more than single trade to decide on changing
[07:19] {magoo} oout
[07:20] {lklarson} thx on ntap vad
[07:20] {Threei} and NTAP is certainly rather exception than rule
[07:20] {Threei} welcome guys
[07:20] {Threei} dino... slam that button for us please
[07:20] {Threei} now CHTR... don't sit pretty, move your butt
[07:20] {esemde} FITB looks like a cup and handle
[07:21] {Roman} out remaining PACT +.92
[07:21] {Threei} OK, excessive profits deserve this:
[07:21] {craigaudio} somebody get a bucket of water!!! romans on fire
[07:21] * Threei slaps Roman around a bit with a large trout
[07:22] {Roman} if i had more patience would hold it till end of the day
[07:22] {Threei} extracting too much money from the market leaves too little for others
[07:22] {Roman} could go to $6 , 7 , 8 or even $9
[07:22] {Threei} next thing you know, noone comes out to play with you anymore
[07:22] {Threei} hey CHTR was waiting for me to ask or what
[07:23] {dino} you the man today rfr
[07:23] {Threei} I can't watch PACT... the baddest case of scalper's regret in weeks
[07:23] {Roman} ty
[07:24] {magoo} ok..u wanna get CRAZY??????????????
[07:24] {dino} better than that rash magoo has
[07:24] {Threei} rofl
[07:24] {Roman} LEND dump
[07:24] {magoo} long trigger NTAP 34.08
[07:24] {Roman} Vad, u palying MECA today?
[07:24] {Threei} holding from yesterday
[07:25] * magoo slaps Threei around a bit with a large trout
[07:25] {Threei} everything is still intact
[07:25] {Roman} HSOA high, kinda slow
[07:25] {Threei} what was that for?
[07:25] {magoo} NO HOLDS BRO
[07:25] {Threei} oh
[07:25] {Threei} well, I do it rarely
[07:26] {Threei} how often do you see me holding them overnight
[07:26] {Threei} once every couple months or even less? :)
[07:27] {Threei} FXEN, half lot long if .34 getting hit
[07:27] {Threei} and if stays above .20
[07:28] {esemde} still monitoring FITB ...plan on going long .64
[07:28] {esemde} if NQ's co operating
[07:29] {Threei} MECA originally set up first time on May 9 for us,
[07:29] {Threei} swing trade scenario was given back then,
[07:30] {esemde} in
[07:30] {Threei} you gotta ppreciate the fact that I even remember symbol since then
[07:30] {DaveG} clapclap
[07:30] * Threei takes a bow
[07:30] {Roman} CNQR long
[07:30] {Roman} setup
[07:30] {Threei} how have you been dave
[07:30] {DaveG} better
[07:31] {DaveG} not doing too good :)
[07:31] {dino} ?
[07:31] {dino} work problems?
[07:31] {DaveG} yeah
[07:31] {Threei} sorry to hear
[07:32] {dino} hang in there dave
[07:32] {DaveG} i need to get back to what i was doing well at
[07:32] {esemde} stop .45 FITB
[07:32] {DaveG} so im doing that now
[07:32] {dino} lkl look at our comv s from yesterday, ugh
[07:33] {dino} find your edge and exploit it bro
[07:33] {lklarson} woozer
[07:33] {dino} sound like my dog
[07:33] {lklarson} lol
[07:33] {Threei} and if it eludes you, borrow dino's
[07:33] {DaveG} yeah, i was trying to do stuff that is not suited to me
[07:34] {Threei} that deserves a slap dave
[07:34] {DaveG} it does
[07:34] {dino} use my edge, two-sided coin
[07:34] {Threei} for years you hear from me: trading is hiughly individualized endeavor
[07:34] {Threei} it works for you when you work out the style that sauits your personality
[07:35] {Threei} if it doesn't you simply won't be able to follow your own system
[07:35] {lklarson} yes, i am trying to find one, hard work though, but with time i guess
[07:35] {cosmo} i use a napping algorithum
[07:35] {dino} one day you will just "see" it lkl
[07:35] {Threei} let me say thing that will sound wierd
[07:36] {Threei} but then again, many things I say and do sound that way
[07:36] {Threei} so nothing new really :)
[07:36] {dino} for me, when nothing matters it works best
[07:36] {Threei} if it strikes you as too esoteric, just soak it in and let it sit somewhere
[07:36] {Threei} it will hit at some point
[07:37] {Threei} Your trading is as an expression of you
[07:37] {Threei} of who you are
[07:37] {Threei} of your personality
[07:37] {cosmo} its a medatation
[07:37] {Threei} Just as painting is an expression of artist's personality,
[07:37] {Threei} jazz improvisation is an expression of player's personality
[07:38] {Threei} book... movie...
[07:38] {lklarson} it's funny, but things are slowly coming into place, can't really put my finger on it
[07:38] {Threei} it's a mistake to think that there is right way to trade
[07:38] {Threei} just as there is no right way to play jazz
[07:38] {cosmo} my goal has been to make it seem like a game of cards
[07:38] {Threei} there is YOUR way
[07:39] {Threei} there are some ground rules of course
[07:39] {Threei} but after they are mastered,
[07:39] {Threei} it's about you finding yourself, learning to express yourself in a form of your trades
[07:39] {lklarson} right
[07:39] {Threei} If it still sounds odd to you,
[07:39] {Threei} look at my trades,
[07:40] {lklarson} well, i keep reading your book vad, really help alot
[07:40] {Threei} look at Roman's trades
[07:40] {Threei} easy to see how different they are
[07:40] {Roman} NQ losing a bit
[07:40] {lklarson} reading it for the second time now and will probably read several times more
[07:40] {Threei} different personalities
[07:40] {Threei} and Roman is more handsome
[07:40] {dino} man, this market is not giving me spikes today
[07:40] {Roman} :)
[07:40] {Threei} MPP or TTR lkl?
[07:41] {dino} i need spikes
[07:41] {lklarson} MPP
[07:41] {Threei} got TTR as well?
[07:41] {dino} pdco break of .60, s
[07:41] {lklarson} is that the one with the video?
[07:41] {Threei} no
[07:41] {Threei} Techniques of Tape Reading
[07:41] {Threei} see if you can't find it in library
[07:41] {lklarson} ok
[07:42] {lklarson} you have it at the website
[07:42] {Threei} in order to read, then decided whether you want it on your shelf
[07:42] {Threei} we don't sell it but we do have a link on a website
[07:42] {lklarson} ok, cool
[07:43] {Threei} and if you buy it, I am $2 richer
[07:43] {Roman} XMSR & SIRI strong today
[07:43] {lklarson} i knew it, lol
[07:43] {Threei} whoever thinks you can make money writing trading books needs to give his head a good shake :)
[07:44] {Roman} Market looks down today
[07:44] {Threei} FITB is holding well so far while NQ drop
[07:44] {Threei} nice find esemde
[07:44] {Roman} could be big down day...imo
[07:45] {Roman} NVDA short?
[07:45] {Threei} looks right to me
[07:45] {Threei} .92 trigger
[07:46] {Threei} if stays under 34.10
[07:46] {Roman} it is sitting on good daily support tho
[07:46] {magoo} in response to vads words...see how vad and roman styles are different? and notice how much dino and magoo trade alike
[07:47] {dino} hmmmmmm
[07:47] {Threei} well, you are brothers... and I and Roman don't share even as much as favorite dishes
[07:47] {dino} are you serious, trade alike
[07:47] {magoo} COME ON.................we are nothing alike in trades
[07:47] {dino} are you high?
[07:47] {magoo} A JOKE
[07:47] {lklarson} lol
[07:47] {DaveG} lol
[07:47] {magoo} we are like POLAR OPPOSITES
[07:47] {Threei} I'll never forget the face expression with which he rejected my squid while I was partaking in his desert
[07:48] {magoo} magoo always ALWAYS sees continuation ...there must be more
[07:48] {magoo} like vads NTAP...and i said 34
[07:48] {magoo} dino always sees down side...there is no more
[07:49] {Threei} now I can admit though... I ordered squid hoping noone will want it
[07:49] {dino} my wife always says, that i say i had more fun than i expected
[07:50] {Roman} JBHT also decent short
[07:50] {lklarson} right
[07:51] {craigaudio} NVDA fired
[07:51] {magoo} SIGH...vad ignored all that i posted
[07:51] {Threei} I didn't
[07:52] {Threei} I just chose to pretend I ignore you
[07:52] {magoo} i thought it was relevant as a lesson boss
[07:52] {Threei} :)
[07:52] {magoo} how to bros sitting in office with similar life experiences are opposite approaches to market
[07:53] {lklarson} its evident how much trading is an expression of your personality
[07:53] {Roman} BRCM low
[07:54] {Threei} yet I always get funny looks when I talk about it
[07:54] {magoo} no, they are just noticing your bald spot
[07:54] {Threei} people are hard wired in straightforward "right-wrong" thinking
[07:54] {Threei} oh
[07:54] {Threei} maybe that's it
[07:55] {magoo} and your plumbers smile when you drop something and bend to pick it up
[07:56] {magoo} short trigg loss 33 ntap..RISKY half
[07:57] {Threei} NVDA stop to 34.06
[07:58] {craigaudio} N move in the futures YM and NQ
[07:58] {craigaudio} perhaps lower
[07:58] {magoo} 1 to 1 on ntap (if i knew what that was)
[07:59] {magoo} did i piss room off today?
[07:59] {magoo} ignoring magoo
[07:59] {lklarson} lol
[08:00] {Roman} IDSA
[08:00] {magoo} sheesh..at least someone slap me
[08:00] {Roman} could lose $15 but very thin
[08:02] {magoo} out nvda .78, THANX DAV
[08:02] {lklarson} out nvda 1:1 thx boss
[08:02] {craigaudio} not 1:1 yet is it
[08:03] {lklarson} i moved it with lower stop
[08:04] {craigaudio} 1:1 from first stop now
[08:04] {Roman} BRCM short setup small
[08:04] {craigaudio} out half
[08:04] {Threei} welcome guys
[08:05] {craigaudio} very limp 5min bounce in futures
[08:05] * Threei slaps magoo around a bit with a large trout
[08:05] {Roman} out NVDA +.32
[08:06] {magoo} thank u vad....was getting upset on no response for slaps
[08:06] {Roman} took BRMC short 30.70 small
[08:06] {Roman} BRCM
[08:06] {craigaudio} simo
[08:09] {Roman} out BRCM flat
[08:09] {Roman} something is up with XMSR
[08:12] {Threei} ugh
[08:12] {Threei} forgot about CYPB
[08:12] {Threei} short candidate
[08:13] {Threei} 15.89 with 16.01 stop
[08:15] {magoo} vad, anymore downside nvda or brcm??
[08:16] {Roman} all based on NQ.....IMO
[08:16] {Threei} if NQ loses .95
[08:16] {Roman} CROX losing it
[08:17] {Roman} VDSI short
[08:18] {Roman} 20.55 are, small
[08:18] {magoo} pretty big reversal today
[08:19] {lklarson} out crox 1:1 thx roman
[08:19] {craigaudio} yes lovely N move magoo
[08:19] {craigaudio} CYPB fired
[08:19] {Threei} 1:1 CYPB in a hurry
[08:20] {dino} mnst s .33
[08:20] {esemde} FITB stopped .44 quel drag....
[08:21] {Threei} yeah, held well while market was selling moderately, but this pressure was too much for it
[08:21] {craigaudio} what about CHTR? still worth holding
[08:22] {Threei} nothing changed CHTR
[08:22] {craigaudio} cool
[08:23] {magoo} actually, i out chtr no blood vad
[08:25] {dino} mer s .62
[08:26] {dino} mnst stopped flat
[08:26] {lklarson} in mer s .62
[08:27] {Roman} looks like YHOO may have more in it
[08:27] {Roman} short small
[08:28] {magoo} getting ugly out there
[08:28] {lklarson} out mer 1:1 thx dino
[08:28] {craigaudio} more negative ticks spikes. 4th today
[08:28] {Threei} {Ugly} I am right here
[08:30] {Roman} QCOM Qualcomm: AT&T, T-Mobile urge I.T.C to avoid 'compromise' in patent case- Bloomberg (43.80 -1.04) -Update-
[08:30] {Roman} this news could be positive for BRCM
[08:30] {Roman} observing
[08:32] {craigaudio} nearly all sectors red
[08:32] {esemde} have a great day everyone...
[08:32] {Roman} cover 1/2 VDSI +.20
[08:32] {Threei} take care esemde
[08:32] {lklarson} vad, thoughs on CHTR
[08:32] {magoo} by ES
[08:32] {Threei} no thoughts
[08:33] {lklarson} holding well so far
[08:33] {Threei} just a play in progress
[08:33] {lklarson} ok
[08:35] {Roman} cover YHOO flat
[08:36] {dino} cov mer .39,
[08:36] {dino} +.23
[08:37] {Roman} WINN short small
[08:37] {Roman} 29.72 small for WINN
[08:41] {craigaudio} CYPB nice bounce
[08:44] {dino} hl l ati .50
[08:47] {lklarson} nice ati, but to fast
[08:47] {Roman} MDRX short small off 24.50
[08:50] {dino} size down
[08:50] {craigaudio} markets pivoting here
[08:52] {Roman} cover remaining VDSI
[08:55] {dino} out ati .94, +.44
[08:56] {dino} ttpy fast fall
[08:58] {dino} hl l gs .67
[09:07] {Roman} took small MDRX short
[09:07] {Roman} slow
[09:07] {dino} out gs .91, +.24
[09:21] {dino} ati s .30
[09:22] {craigaudio} more tick spikes down
[09:27] {dino} cov ati .10, +.20
[09:29] {lklarson} out ati +.16
[09:29] {dino} very nice,...next
[09:29] {lklarson} thx dino
[09:30] {dino} np, cov way too soon
[09:31] {lklarson} yes, should have hel one more min
[09:32] {dino} approaching lod ato
[09:32] {dino} ati
[09:33] {lklarson} feeling the scalpers regret now
[09:34] {craigaudio} market in trouble
[09:35] {dino} nah
[09:42] {dino} risky, hl l ati .00
[09:45] {dino} out ati .30, +.30
[09:45] {lklarson} missed that one
[09:46] {dino} slapppppp
[09:46] {dino} l gs hl .15
[09:46] {lklarson} lol
[09:50] {dino} out gs .40, +.25
[09:50] {lklarson} out gs +.20
[09:50] {lklarson} this is easy, lol
[09:51] {dino} fun, i was thinking
[09:51] {dino} scalpers mkt
[09:51] {lklarson} yes, that would be the more correct word
[09:59] {dino} hl l gs .10
[10:01] {dino} out gs .35, +.25
[10:06] {dino} everybody asleep?
[10:06] {lklarson} having lunch
[10:06] {dptl} no.....we are trading
[10:07] {dino} thinking about leaving early to mow lawn, over daily
[10:08] {lklarson} nah, this is more fun
[10:08] {dino} :)
[10:09] {dptl} that's right.......so stick around Dino
[10:10] {dino} hl s gs .50
[10:13] {dino} cov .46, not working right, +.04
[10:18] {dino} ok, thats it for me, cya tomorrow
[10:18] {Threei} take care dino
[10:18] {lklarson} thx dino, take care
[10:19] {dino} ty and gl
[10:19] {magoo} i made my goal also, so thanx and i be in tomorrow
[10:19] {dino} gj
[10:20] {lklarson} take care magoo
[10:20] {Threei} bye magoo
[10:33] {DaveG} LRCX
[10:49] {DaveG} extr
[10:54] {Threei} dcc dave
[11:11] {Roman} TASR trying
[11:16] {Chaeron} 13:33 05/24 *DJ CBOE To List Options May 25 FRPT
[11:39] {lklarson} stopped chtr
[11:43] {DaveG} ..
[11:56] {Roman} JSDA on CNBC
[11:56] {Roman} could go crazy
[11:58] {DaveG} new low on the dow
[11:59] {DaveG} or yms, i should say
[12:06] {Threei} I don't think I remember many days when scanner would slow down to such crawl
[12:11] {DaveG} man, it's super windy out here today
[12:12] {cosmo} choppy surf?
[12:12] {cosmo} oops
[12:12] {cosmo} inlander
[12:12] {DaveG} :)
[12:12] {DaveG} im sure it is though
[12:12] {cosmo} uhg...no...may grey
[12:17] {DaveG} i haven't seen the lake yet
[12:19] {DaveG} but i've heard there's one there
[12:19] {DaveG} supposedly
[12:19] {Threei} Chad?
[12:20] {DaveG} ?
[12:20] {Threei} never mind... there is geography beyond USA borders, ya know... {G}
[12:20] {DaveG} i have heard of such a thing
[12:21] {Threei} http://en.wikipedia.org/wiki/Lake_Chad
[12:21] {DaveG} ummm
[12:21] {DaveG} what the hell does Lake Chad have to do with Illinois
[12:21] {DaveG} lol
[12:22] {DaveG} im losing my mind
[12:22] {DaveG} wow, NDAQ
[12:38] {Threei} bounce time soon NDAQ
[12:41] {Threei} CYPB too
[12:57] {dptl} thats it for me; have a good day everyone
[12:57] {Threei} Ok guys, thank you
[12:57] {Threei} have a good evening, see you tomorrow
[12:57] {DaveG} u2 vad
[12:57] {DaveG} ty
[12:57] {lklarson} thx vad, take care
[12:57] {leah} thanks vad
[12:58] {lklarson} good night all
Session Time: Thu May 24 00:00:01 2007
[05:43] {DaveG} morning
[05:44] {esemde} good morning rt's
[05:45] {cosmo} TASR gets big order ... economy must be picking up
[05:46] {esemde} obviously more people to zap these days....
[05:46] {cosmo} yeah... growth
[05:48] {cosmo} ... just wait 'till the conventions
[05:49] {esemde} imagine everyone walking around zapping each other for fun...hey Ralph how ya doin!!!...Zap...laugh laugh
[05:50] {cosmo} hmm.... i could see that
[05:54] {magoo} morning people
[05:55] {cosmo} BRLC (offers shares):...pre mkt recovery high = 6.04 fwiw
[05:55] {magoo} new morning
[05:55] {cosmo} brave new morning
[05:55] {esemde} did you bring your taser magoo
[05:56] {magoo} huh?
[05:56] {esemde} we were just talking about the reality trader taser convention
[05:56] {esemde} hey magoo how ya doin.....ZAP laugh laugh laugh something like that
[05:57] {cosmo} trader convention?
[05:57] {cosmo} nah
[05:57] {cosmo} political
[05:57] {esemde} taser sales are up
[05:57] {cosmo} two coming up
[05:57] {_ted123} Hi
[05:57] {esemde} gm ted
[05:58] {_ted123} :)
[05:59] {esemde} LJPC also up on Phase 3 stuff relating to Lupus 1/2 mil shs so far up1.40
[06:02] {Threei} Good morning guys
[06:03] {esemde} morning VAD
[06:03] {Threei} esemde :)
[06:03] {lklarson} morning all
[06:04] {Threei} lkl :)
[06:04] {esemde} want to join the reality trader TASER convention Zapping one another for fun...taser sales up apparently
[06:04] {craigaudio} gm everyone
[06:04] {lklarson} liked the interview vad
[06:04] {Threei} this would be an upgrade from our usual trout convention
[06:05] {esemde} definately!
[06:05] {Threei} which causes bad smell for blocks and blocks, so we always get fined
[06:05] {Threei} craig :)
[06:05] {Threei} ty lkl
[06:05] {esemde} ya ...this would only be short lived burn smell
[06:06] {Threei} craig, sorry, it took me longer than I thought to find that piece on MECA
[06:06] {Threei} I didn't factor in frequent falling asleep
[06:06] {craigaudio} hey vad. lol
[06:06] {Threei} http://www.realitytrader.com/tradelog/2007/05/realitytrader-trading-log-may-9-2007.html
[06:07] {Threei} first, small exchange around 8:32
[06:07] {Threei} then starting from 1)34
[06:07] {Threei} 10:34
[06:08] {craigaudio} thnks vad
[06:08] {Threei} and you know the funniest part?
[06:08] {Threei} at 12:09 you asked me about plan for MECA
[06:09] {Threei} and I pasted for you all that previous discussion :)
[06:09] {craigaudio} lol...cant get away with anything with it all logged!
[06:09] {Threei} nope
[06:09] {craigaudio} third time lucky
[06:09] {Threei} next thing we saw:
[06:09] {Threei} 05/09/07 12:11:57 magoo experiencing dejvu' here
[06:09] {Threei} 05/09/07 12:12:04 craigaudio ok thanks
[06:09] {Threei} 05/09/07 12:12:09 magoo i've seen that before
[06:09] {Threei} 05/09/07 12:12:18 Threei my fault magoo
[06:09] {Threei} 05/09/07 12:12:22 Threei I ran out of material
[06:09] {Threei} 05/09/07 12:12:26 Threei repeting myself
[06:10] {Threei} :)
[06:10] {craigaudio} lol
[06:10] {Threei} be back in 10... cofgfeemaker didn't turn on aurtomatically, running late with coffee :)
[06:10] {dptl} good morning all
[06:13] {dino} gm all
[06:15] {dino} .
[06:16] {esemde} NQ looks to be taking a bounce
[06:17] {Threei} dp, dino :)
[06:18] {dino} 3i............................
[06:19] {Roman} MITI +42.0% (co and Nycomed enter into exclusive worldwide collaboration to develop and commercialize anti-GM-CSF antibodies),
[06:20] {magoo} vad, can u post link to yor interview now, i'll go to it before bell
[06:20] {Threei} dptl, dcc please
[06:20] {Threei} http://www.traderinterviews.com/programs/RealityTrader.mp3
[06:21] {cosmo} how many minutes?
[06:22] {esemde} SAFM Sanderson Farms Inc., which distributes fresh and frozen chickens, said Thursday it swung to a profit in the second quarter due to higher prices and increased production.
[06:22] {esemde} Net income was $26.9 million, or $1.33 per share, compared with a loss of $16.6 million, or 83 cents per share, in the prior-year quarter.
[06:23] {esemde} up 5.61 at top of the range...could be short squeeeze
[06:23] {magoo} listening right now lol
[06:23] {dptl} Vad..dcc
[06:26] {Threei} 15 I think cosmo
[06:26] {cosmo} 10.31
[06:26] {cosmo} 10:31
[06:26] {Threei} he couldn't stand me for more than that then
[06:27] {magoo} luvin your interview u big RUSSIAN BEAR U
[06:28] {Threei} lol
[06:28] {craigaudio} LJPC lots of premarket volume
[06:28] {magoo} hey, talking about this elusive concept of 1 to 1
[06:28] {Threei} btw, this is one of two original founders of Trading Expo
[06:28] {Threei} lol
[06:30] {dino} i don't understand...no mention of dino in interview
[06:30] {cosmo} NTAP
[06:30] {cosmo} 32 test
[06:30] {Threei} I kept it for the last 4 minutes dino... and he cut me short :(
[06:31] {magoo} no magoo either
[06:31] {Threei} same
[06:31] {magoo} VERY GOOD VAD{ enjoyed it
[06:31] {dino} gymb spike
[06:32] {Threei} MITI 3.30, very risky
[06:33] {Threei} if loses 3, not a play for now
[06:33] {Threei} maybe a bounce candidate around 2.80 then
[06:34] {esemde} TASR missed it
[06:34] {magoo} amzn peaked yester around 73.19
[06:34] {magoo} 68 now
[06:34] {Threei} TASR premarket resistance 10.20
[06:35] {dino} risky, hl s gymb .69
[06:36] {magoo} dow green
[06:37] {magoo} watching LJPC
[06:39] {esemde} greenspan strikes again..
[06:39] {dino} cov gymb .40, +.29
[06:39] {esemde} his comments yesterday about retracting asian markets
[06:40] {esemde} having a morning effect
[06:40] {Threei} NTAP .75 long if stays above .50, half lot
[06:40] {dino} too soon
[06:40] {Roman} PACT long
[06:40] {Roman} 4.30
[06:40] {Roman} MVIS on radar, slow
[06:41] {Threei} NTAP 1:1
[06:41] {craigaudio} missed it
[06:41] {craigaudio} wow activity
[06:41] {Threei} 1:2
[06:41] {craigaudio} AMZN looks good here
[06:41] {Threei} anyone got it?
[06:41] {magoo} out .27 THANX BOSS
[06:41] {Threei} what reflexes :)
[06:42] {lklarson} yhx vad very nice ntap
[06:42] {magoo} i been hitting good eh?
[06:42] {lklarson} THANX
[06:42] {Threei} understatement of the day
[06:43] {dino} wor s .28
[06:43] {magoo} how about shorting its pullback vad??
[06:43] {Threei} not now
[06:43] {Threei} let's think short when the heat is over
[06:44] {Threei} for now it's like standing in front of freight train
[06:44] {Roman} DRYS watching short
[06:44] {dino} what is wrong w/that?
[06:44] {magoo} ok, but it will pullback somewhere..thats the money qusetuion
[06:44] {Threei} cosmo spotted it around 32 btw
[06:44] {magoo} nice cosmomellion
[06:45] {Threei} nothing really dino, you are right
[06:46] {magoo} qusetuion
[06:46] {Threei} CHTR guys
[06:46] {magoo} he he
[06:46] {Threei} 4.01
[06:46] {Threei} tough one to play admittedly
[06:46] {magoo} big correct?
[06:46] {Threei} stop 3.89
[06:47] {magoo} 3k?
[06:47] {Threei} so manage your size accordingly to your risk tolerance, liquidity allows practically any size on this one
[06:47] {magoo} in
[06:47] {magoo} 24k
[06:48] {Threei} this one may take some patience magoo
[06:48] {magoo} oh oh...not my best virtue
[06:48] {Threei} that's why I warn you :)
[06:49] {magoo} too late though, i in
[06:49] {magoo} 24000
[06:49] {Threei} sigh
[06:49] {dino} wor stopped -.30
[06:50] {Threei} so your risk tolerance is about $3K on any given trade
[06:50] {Threei} now we know
[06:50] {magoo} lol
[06:51] {magoo} i told u i was very tolerant
[06:51] {dino} ralllly
[06:52] {lklarson} any play in TASR
[06:52] {magoo} look at AMZN vad
[06:52] {Threei} TASR, .21 long... hesitantly
[06:52] {Threei} not sure this one has bright future
[06:52] {lklarson} thx
[06:53] {Threei} you trying to make me feel dizzy magoo?
[06:53] {cosmo} Bush gonna talk in the rose garden soon
[06:53] {magoo} how'd OUR doc appointment go yesterday?
[06:54] {Threei} yesterday? don't overestimate my memory span
[06:54] {dino} l rvbd .20
[06:54] {Roman} out 1/2 PACT +.32
[06:54] {Threei} nice one Roman
[06:54] {Roman} +.22
[06:55] {Threei} TASR stop 10.05 if you go for it
[06:56] {Threei} NTAP, small shares long off .50 if pulls back there
[06:57] {Threei} if not, breaK OF 34
[06:57] {dino} stopped rvbd damnj
[06:57] {Threei} stop .65 NTAP
[06:58] {Roman} u going long NTAP vad?
[06:58] {Roman} DSTI looking long
[06:58] {Roman} 4.60 small
[06:58] {Threei} I'd like pullback on it
[06:59] {Threei} FXEN?
[07:00] {Roman} keeping remaining PACT till end of day
[07:00] {Threei} nears .50 NTAP
[07:00] {Threei} let's see where it shows strength, don't buy just a number
[07:01] {Roman} in DSTI 4.460'
[07:01] {craigaudio} stopped TASR
[07:01] {lklarson} stopped tasr
[07:02] {Roman} long SOLF
[07:02] {Roman} small
[07:02] {dino} rvbd rinse-r-oni
[07:03] {Roman} JADE bounce
[07:03] {craigaudio} still in nyx
[07:03] {Roman} NFI continues
[07:03] {Roman} long NFI
[07:04] {Roman} 7.45/ 1/2
[07:04] {dino} de hl l .20
[07:05] {Threei} wow PACT
[07:05] {Roman} yeah, reported earnings, they are actually profitable
[07:06] {dino} out de .70, +.50
[07:07] {Threei} .41 long NTAP
[07:07] {Threei} if holding above .30
[07:07] {Roman} MVIS long setup
[07:07] {Threei} small shares
[07:08] {Threei} .29 stop
[07:09] {Roman} CYPB pop
[07:09] {craigaudio} out half 1:1
[07:10] {Roman} out 1/2 DSTI +.27
[07:10] {Threei} Roman's on fire today
[07:10] {Threei} 1:1 was easy on NTAP
[07:11] {Threei} I am trying for more
[07:11] {Threei} but can't blame you if you grab easy money and run
[07:11] {dino} like a "roman" candle
[07:11] {Threei} lol
[07:11] {craigaudio} im out NTAP. thnkx vad
[07:11] {Roman} :)
[07:11] {Threei} is it japanese candlestick formation?
[07:11] {Threei} welcome craig
[07:11] {dino} you just lost me. c'mon, keep it simple
[07:12] {dino} for xmas, i'm sending all of you "easy" buttons
[07:12] {dino} nvtl
[07:13] {Threei} half out NTAP +.20
[07:13] {Threei} stop .35 for the balance
[07:14] {Threei} not what I usually do, it's just that not often you get such a tight setup on this kind of volatile stock
[07:14] {Threei} so trying to milk it as much as possible ith minimal risk
[07:15] {Roman} out NFI -.03
[07:16] {Threei} FWLT... disgusting stock, but daily is a total beauty
[07:16] {Roman} ESLR nice reversal, wonder if it could sqeeze more
[07:16] {magoo} ntap going for 34 again imho
[07:17] {Threei} cool, thanks magoo, now I have who to blame if it fails :)
[07:17] {Roman} PEIX finding some interest
[07:17] {magoo} i take the burden boss
[07:17] {Threei} I appreciate the sentiment
[07:18] {dino} pact'
[07:18] {magoo} but IF it does..mention me next interview
[07:18] {Threei} yes sir
[07:18] {Threei} out NTAP
[07:18] {Threei} +.50
[07:19] {craigaudio} good job
[07:19] {craigaudio} need to hold longer
[07:19] {Threei} that was almost 1:5
[07:19] {Threei} ummm... don't change your approach with every trade that behaves differently craig
[07:19] {Threei} it takes more than single trade to decide on changing
[07:19] {magoo} oout
[07:20] {lklarson} thx on ntap vad
[07:20] {Threei} and NTAP is certainly rather exception than rule
[07:20] {Threei} welcome guys
[07:20] {Threei} dino... slam that button for us please
[07:20] {Threei} now CHTR... don't sit pretty, move your butt
[07:20] {esemde} FITB looks like a cup and handle
[07:21] {Roman} out remaining PACT +.92
[07:21] {Threei} OK, excessive profits deserve this:
[07:21] {craigaudio} somebody get a bucket of water!!! romans on fire
[07:21] * Threei slaps Roman around a bit with a large trout
[07:22] {Roman} if i had more patience would hold it till end of the day
[07:22] {Threei} extracting too much money from the market leaves too little for others
[07:22] {Roman} could go to $6 , 7 , 8 or even $9
[07:22] {Threei} next thing you know, noone comes out to play with you anymore
[07:22] {Threei} hey CHTR was waiting for me to ask or what
[07:23] {dino} you the man today rfr
[07:23] {Threei} I can't watch PACT... the baddest case of scalper's regret in weeks
[07:23] {Roman} ty
[07:24] {magoo} ok..u wanna get CRAZY??????????????
[07:24] {dino} better than that rash magoo has
[07:24] {Threei} rofl
[07:24] {Roman} LEND dump
[07:24] {magoo} long trigger NTAP 34.08
[07:24] {Roman} Vad, u palying MECA today?
[07:24] {Threei} holding from yesterday
[07:25] * magoo slaps Threei around a bit with a large trout
[07:25] {Threei} everything is still intact
[07:25] {Roman} HSOA high, kinda slow
[07:25] {Threei} what was that for?
[07:25] {magoo} NO HOLDS BRO
[07:25] {Threei} oh
[07:25] {Threei} well, I do it rarely
[07:26] {Threei} how often do you see me holding them overnight
[07:26] {Threei} once every couple months or even less? :)
[07:27] {Threei} FXEN, half lot long if .34 getting hit
[07:27] {Threei} and if stays above .20
[07:28] {esemde} still monitoring FITB ...plan on going long .64
[07:28] {esemde} if NQ's co operating
[07:29] {Threei} MECA originally set up first time on May 9 for us,
[07:29] {Threei} swing trade scenario was given back then,
[07:30] {esemde} in
[07:30] {Threei} you gotta ppreciate the fact that I even remember symbol since then
[07:30] {DaveG} clapclap
[07:30] * Threei takes a bow
[07:30] {Roman} CNQR long
[07:30] {Roman} setup
[07:30] {Threei} how have you been dave
[07:30] {DaveG} better
[07:31] {DaveG} not doing too good :)
[07:31] {dino} ?
[07:31] {dino} work problems?
[07:31] {DaveG} yeah
[07:31] {Threei} sorry to hear
[07:32] {dino} hang in there dave
[07:32] {DaveG} i need to get back to what i was doing well at
[07:32] {esemde} stop .45 FITB
[07:32] {DaveG} so im doing that now
[07:32] {dino} lkl look at our comv s from yesterday, ugh
[07:33] {dino} find your edge and exploit it bro
[07:33] {lklarson} woozer
[07:33] {dino} sound like my dog
[07:33] {lklarson} lol
[07:33] {Threei} and if it eludes you, borrow dino's
[07:33] {DaveG} yeah, i was trying to do stuff that is not suited to me
[07:34] {Threei} that deserves a slap dave
[07:34] {DaveG} it does
[07:34] {dino} use my edge, two-sided coin
[07:34] {Threei} for years you hear from me: trading is hiughly individualized endeavor
[07:34] {Threei} it works for you when you work out the style that sauits your personality
[07:35] {Threei} if it doesn't you simply won't be able to follow your own system
[07:35] {lklarson} yes, i am trying to find one, hard work though, but with time i guess
[07:35] {cosmo} i use a napping algorithum
[07:35] {dino} one day you will just "see" it lkl
[07:35] {Threei} let me say thing that will sound wierd
[07:36] {Threei} but then again, many things I say and do sound that way
[07:36] {Threei} so nothing new really :)
[07:36] {dino} for me, when nothing matters it works best
[07:36] {Threei} if it strikes you as too esoteric, just soak it in and let it sit somewhere
[07:36] {Threei} it will hit at some point
[07:37] {Threei} Your trading is as an expression of you
[07:37] {Threei} of who you are
[07:37] {Threei} of your personality
[07:37] {cosmo} its a medatation
[07:37] {Threei} Just as painting is an expression of artist's personality,
[07:37] {Threei} jazz improvisation is an expression of player's personality
[07:38] {Threei} book... movie...
[07:38] {lklarson} it's funny, but things are slowly coming into place, can't really put my finger on it
[07:38] {Threei} it's a mistake to think that there is right way to trade
[07:38] {Threei} just as there is no right way to play jazz
[07:38] {cosmo} my goal has been to make it seem like a game of cards
[07:38] {Threei} there is YOUR way
[07:39] {Threei} there are some ground rules of course
[07:39] {Threei} but after they are mastered,
[07:39] {Threei} it's about you finding yourself, learning to express yourself in a form of your trades
[07:39] {lklarson} right
[07:39] {Threei} If it still sounds odd to you,
[07:39] {Threei} look at my trades,
[07:40] {lklarson} well, i keep reading your book vad, really help alot
[07:40] {Threei} look at Roman's trades
[07:40] {Threei} easy to see how different they are
[07:40] {Roman} NQ losing a bit
[07:40] {lklarson} reading it for the second time now and will probably read several times more
[07:40] {Threei} different personalities
[07:40] {Threei} and Roman is more handsome
[07:40] {dino} man, this market is not giving me spikes today
[07:40] {Roman} :)
[07:40] {Threei} MPP or TTR lkl?
[07:41] {dino} i need spikes
[07:41] {lklarson} MPP
[07:41] {Threei} got TTR as well?
[07:41] {dino} pdco break of .60, s
[07:41] {lklarson} is that the one with the video?
[07:41] {Threei} no
[07:41] {Threei} Techniques of Tape Reading
[07:41] {Threei} see if you can't find it in library
[07:41] {lklarson} ok
[07:42] {lklarson} you have it at the website
[07:42] {Threei} in order to read, then decided whether you want it on your shelf
[07:42] {Threei} we don't sell it but we do have a link on a website
[07:42] {lklarson} ok, cool
[07:43] {Threei} and if you buy it, I am $2 richer
[07:43] {Roman} XMSR & SIRI strong today
[07:43] {lklarson} i knew it, lol
[07:43] {Threei} whoever thinks you can make money writing trading books needs to give his head a good shake :)
[07:44] {Roman} Market looks down today
[07:44] {Threei} FITB is holding well so far while NQ drop
[07:44] {Threei} nice find esemde
[07:44] {Roman} could be big down day...imo
[07:45] {Roman} NVDA short?
[07:45] {Threei} looks right to me
[07:45] {Threei} .92 trigger
[07:46] {Threei} if stays under 34.10
[07:46] {Roman} it is sitting on good daily support tho
[07:46] {magoo} in response to vads words...see how vad and roman styles are different? and notice how much dino and magoo trade alike
[07:47] {dino} hmmmmmm
[07:47] {Threei} well, you are brothers... and I and Roman don't share even as much as favorite dishes
[07:47] {dino} are you serious, trade alike
[07:47] {magoo} COME ON.................we are nothing alike in trades
[07:47] {dino} are you high?
[07:47] {magoo} A JOKE
[07:47] {lklarson} lol
[07:47] {DaveG} lol
[07:47] {magoo} we are like POLAR OPPOSITES
[07:47] {Threei} I'll never forget the face expression with which he rejected my squid while I was partaking in his desert
[07:48] {magoo} magoo always ALWAYS sees continuation ...there must be more
[07:48] {magoo} like vads NTAP...and i said 34
[07:48] {magoo} dino always sees down side...there is no more
[07:49] {Threei} now I can admit though... I ordered squid hoping noone will want it
[07:49] {dino} my wife always says, that i say i had more fun than i expected
[07:50] {Roman} JBHT also decent short
[07:50] {lklarson} right
[07:51] {craigaudio} NVDA fired
[07:51] {magoo} SIGH...vad ignored all that i posted
[07:51] {Threei} I didn't
[07:52] {Threei} I just chose to pretend I ignore you
[07:52] {magoo} i thought it was relevant as a lesson boss
[07:52] {Threei} :)
[07:52] {magoo} how to bros sitting in office with similar life experiences are opposite approaches to market
[07:53] {lklarson} its evident how much trading is an expression of your personality
[07:53] {Roman} BRCM low
[07:54] {Threei} yet I always get funny looks when I talk about it
[07:54] {magoo} no, they are just noticing your bald spot
[07:54] {Threei} people are hard wired in straightforward "right-wrong" thinking
[07:54] {Threei} oh
[07:54] {Threei} maybe that's it
[07:55] {magoo} and your plumbers smile when you drop something and bend to pick it up
[07:56] {magoo} short trigg loss 33 ntap..RISKY half
[07:57] {Threei} NVDA stop to 34.06
[07:58] {craigaudio} N move in the futures YM and NQ
[07:58] {craigaudio} perhaps lower
[07:58] {magoo} 1 to 1 on ntap (if i knew what that was)
[07:59] {magoo} did i piss room off today?
[07:59] {magoo} ignoring magoo
[07:59] {lklarson} lol
[08:00] {Roman} IDSA
[08:00] {magoo} sheesh..at least someone slap me
[08:00] {Roman} could lose $15 but very thin
[08:02] {magoo} out nvda .78, THANX DAV
[08:02] {lklarson} out nvda 1:1 thx boss
[08:02] {craigaudio} not 1:1 yet is it
[08:03] {lklarson} i moved it with lower stop
[08:04] {craigaudio} 1:1 from first stop now
[08:04] {Roman} BRCM short setup small
[08:04] {craigaudio} out half
[08:04] {Threei} welcome guys
[08:05] {craigaudio} very limp 5min bounce in futures
[08:05] * Threei slaps magoo around a bit with a large trout
[08:05] {Roman} out NVDA +.32
[08:06] {magoo} thank u vad....was getting upset on no response for slaps
[08:06] {Roman} took BRMC short 30.70 small
[08:06] {Roman} BRCM
[08:06] {craigaudio} simo
[08:09] {Roman} out BRCM flat
[08:09] {Roman} something is up with XMSR
[08:12] {Threei} ugh
[08:12] {Threei} forgot about CYPB
[08:12] {Threei} short candidate
[08:13] {Threei} 15.89 with 16.01 stop
[08:15] {magoo} vad, anymore downside nvda or brcm??
[08:16] {Roman} all based on NQ.....IMO
[08:16] {Threei} if NQ loses .95
[08:16] {Roman} CROX losing it
[08:17] {Roman} VDSI short
[08:18] {Roman} 20.55 are, small
[08:18] {magoo} pretty big reversal today
[08:19] {lklarson} out crox 1:1 thx roman
[08:19] {craigaudio} yes lovely N move magoo
[08:19] {craigaudio} CYPB fired
[08:19] {Threei} 1:1 CYPB in a hurry
[08:20] {dino} mnst s .33
[08:20] {esemde} FITB stopped .44 quel drag....
[08:21] {Threei} yeah, held well while market was selling moderately, but this pressure was too much for it
[08:21] {craigaudio} what about CHTR? still worth holding
[08:22] {Threei} nothing changed CHTR
[08:22] {craigaudio} cool
[08:23] {magoo} actually, i out chtr no blood vad
[08:25] {dino} mer s .62
[08:26] {dino} mnst stopped flat
[08:26] {lklarson} in mer s .62
[08:27] {Roman} looks like YHOO may have more in it
[08:27] {Roman} short small
[08:28] {magoo} getting ugly out there
[08:28] {lklarson} out mer 1:1 thx dino
[08:28] {craigaudio} more negative ticks spikes. 4th today
[08:28] {Threei} {Ugly} I am right here
[08:30] {Roman} QCOM Qualcomm: AT&T, T-Mobile urge I.T.C to avoid 'compromise' in patent case- Bloomberg (43.80 -1.04) -Update-
[08:30] {Roman} this news could be positive for BRCM
[08:30] {Roman} observing
[08:32] {craigaudio} nearly all sectors red
[08:32] {esemde} have a great day everyone...
[08:32] {Roman} cover 1/2 VDSI +.20
[08:32] {Threei} take care esemde
[08:32] {lklarson} vad, thoughs on CHTR
[08:32] {magoo} by ES
[08:32] {Threei} no thoughts
[08:33] {lklarson} holding well so far
[08:33] {Threei} just a play in progress
[08:33] {lklarson} ok
[08:35] {Roman} cover YHOO flat
[08:36] {dino} cov mer .39,
[08:36] {dino} +.23
[08:37] {Roman} WINN short small
[08:37] {Roman} 29.72 small for WINN
[08:41] {craigaudio} CYPB nice bounce
[08:44] {dino} hl l ati .50
[08:47] {lklarson} nice ati, but to fast
[08:47] {Roman} MDRX short small off 24.50
[08:50] {dino} size down
[08:50] {craigaudio} markets pivoting here
[08:52] {Roman} cover remaining VDSI
[08:55] {dino} out ati .94, +.44
[08:56] {dino} ttpy fast fall
[08:58] {dino} hl l gs .67
[09:07] {Roman} took small MDRX short
[09:07] {Roman} slow
[09:07] {dino} out gs .91, +.24
[09:21] {dino} ati s .30
[09:22] {craigaudio} more tick spikes down
[09:27] {dino} cov ati .10, +.20
[09:29] {lklarson} out ati +.16
[09:29] {dino} very nice,...next
[09:29] {lklarson} thx dino
[09:30] {dino} np, cov way too soon
[09:31] {lklarson} yes, should have hel one more min
[09:32] {dino} approaching lod ato
[09:32] {dino} ati
[09:33] {lklarson} feeling the scalpers regret now
[09:34] {craigaudio} market in trouble
[09:35] {dino} nah
[09:42] {dino} risky, hl l ati .00
[09:45] {dino} out ati .30, +.30
[09:45] {lklarson} missed that one
[09:46] {dino} slapppppp
[09:46] {dino} l gs hl .15
[09:46] {lklarson} lol
[09:50] {dino} out gs .40, +.25
[09:50] {lklarson} out gs +.20
[09:50] {lklarson} this is easy, lol
[09:51] {dino} fun, i was thinking
[09:51] {dino} scalpers mkt
[09:51] {lklarson} yes, that would be the more correct word
[09:59] {dino} hl l gs .10
[10:01] {dino} out gs .35, +.25
[10:06] {dino} everybody asleep?
[10:06] {lklarson} having lunch
[10:06] {dptl} no.....we are trading
[10:07] {dino} thinking about leaving early to mow lawn, over daily
[10:08] {lklarson} nah, this is more fun
[10:08] {dino} :)
[10:09] {dptl} that's right.......so stick around Dino
[10:10] {dino} hl s gs .50
[10:13] {dino} cov .46, not working right, +.04
[10:18] {dino} ok, thats it for me, cya tomorrow
[10:18] {Threei} take care dino
[10:18] {lklarson} thx dino, take care
[10:19] {dino} ty and gl
[10:19] {magoo} i made my goal also, so thanx and i be in tomorrow
[10:19] {dino} gj
[10:20] {lklarson} take care magoo
[10:20] {Threei} bye magoo
[10:33] {DaveG} LRCX
[10:49] {DaveG} extr
[10:54] {Threei} dcc dave
[11:11] {Roman} TASR trying
[11:16] {Chaeron} 13:33 05/24 *DJ CBOE To List Options May 25 FRPT
[11:39] {lklarson} stopped chtr
[11:43] {DaveG} ..
[11:56] {Roman} JSDA on CNBC
[11:56] {Roman} could go crazy
[11:58] {DaveG} new low on the dow
[11:59] {DaveG} or yms, i should say
[12:06] {Threei} I don't think I remember many days when scanner would slow down to such crawl
[12:11] {DaveG} man, it's super windy out here today
[12:12] {cosmo} choppy surf?
[12:12] {cosmo} oops
[12:12] {cosmo} inlander
[12:12] {DaveG} :)
[12:12] {DaveG} im sure it is though
[12:12] {cosmo} uhg...no...may grey
[12:17] {DaveG} i haven't seen the lake yet
[12:19] {DaveG} but i've heard there's one there
[12:19] {DaveG} supposedly
[12:19] {Threei} Chad?
[12:20] {DaveG} ?
[12:20] {Threei} never mind... there is geography beyond USA borders, ya know... {G}
[12:20] {DaveG} i have heard of such a thing
[12:21] {Threei} http://en.wikipedia.org/wiki/Lake_Chad
[12:21] {DaveG} ummm
[12:21] {DaveG} what the hell does Lake Chad have to do with Illinois
[12:21] {DaveG} lol
[12:22] {DaveG} im losing my mind
[12:22] {DaveG} wow, NDAQ
[12:38] {Threei} bounce time soon NDAQ
[12:41] {Threei} CYPB too
[12:57] {dptl} thats it for me; have a good day everyone
[12:57] {Threei} Ok guys, thank you
[12:57] {Threei} have a good evening, see you tomorrow
[12:57] {DaveG} u2 vad
[12:57] {DaveG} ty
[12:57] {lklarson} thx vad, take care
[12:57] {leah} thanks vad
[12:58] {lklarson} good night all
