RealityTrader Trading Log

Tuesday, July 24, 2007

Trading Log July 24, 2007

Session Start: Tue Jul 24 00:00:00 2007

Session Time: Tue Jul 24 00:00:00 2007

[05:34] {cosmo} MVIS
[05:34] {cosmo} pre mkt salmon
[05:35] {BillyD} yes..morning cosmo
[05:35] {cosmo} BD:)
[05:39] {cosmo} NMRX gets FDA fat track for Alzeimers drug
[05:39] {cosmo} fast
[05:39] {cosmo} oops
[05:40] {cosmo} pre mkt high = 6.80
[05:40] {cosmo} NRMX ...sorry
[05:41] {DaveG} morning
[05:48] {magoo} mornink comrades
[05:48] {BillyD} dave, magoo
[05:49] {magoo} bones:)
[05:49] {Threei} Good morning RT
[05:49] {BillyD} vad
[05:50] {magoo} lord vader
[05:50] {magoo} whats the mvis news anyone?
[05:50] {cosmo} MVIS with MOT
[05:50] {DaveG} MVIS signed agreement with mot to develop pico projector for mobile applications
[05:51] {magoo} ty
[05:51] {Threei} billy, magoo :)
[05:52] {cosmo} GGBM again...
[06:04] {markweb} gm W.........s!
[06:04] {Threei} lol
[06:04] {Threei} doesn't help mark... we know what you wanted to say anyway
[06:04] {markweb} Vad:)
[06:06] {Threei} any reason for NQ dump?
[06:06] {markweb} AAPL?
[06:07] {Threei} {DaveG} evil
[06:07] {DaveG} exactamundo
[06:08] {dptl} good morning all
[06:09] {Threei} dp :)
[06:09] {BillyD} hi dp
[06:11] {cosmo} MICC
[06:11] {cosmo} Millicom Q2 core profit rises, just below forecast
[06:11] {cosmo} at Reuters (Tue 7:06am)
[06:11] {Threei} lol
[06:12] {Threei} rises... {traders hit buy button}... below forecast {sell button}
[06:12] {cosmo} 87 pivot?
[06:14] {Threei} beyond my risk tolerance
[06:14] {dino} gm all
[06:14] {Threei} dino :)
[06:15] {Threei} GGBM is not too hot
[06:15] {Threei} let it be for a while, then keep an eye on it for possible secondary interest
[06:17] {cosmo} UCTT: Ultra Clean Technology Reports Second Quarter Revenue and Earnings in Line with Guidance
[06:17] {cosmo} 14.75 pre mkt high
[06:18] {Roman} Gapping up on strong earnings/guidance: JDAS +13.6%, CPO +6.3%, DGX +6.1%... M&A: RPB +24.1% (RPB being acquired by Liberty Property Trust for $14.70/share)... Other news: MVIS +17.7% (signs agreement with Motorola to develop pico projector display for mobile applications), GGBM +10.3% (continued momentum following yesterday's 75%+ move higher), NRMX +10.0% (granted fast track designation from FDA for tramiprosate),
[06:24] {esemde} good morning everyone...back from Alert Bay BC
[06:24] {Threei} ese :)
[06:26] {esemde} Professional band 'The Midnights" had a great show up there sunday night
[06:26] {esemde} how did things go for everyone yesterday?
[06:27] {Threei} was nice day
[06:27] {Threei} mostly thanks to morning plays
[06:27] {Threei} and GGBM craze
[06:27] {esemde} another one of those 150% days
[06:28] {cosmo} utcc
[06:28] {cosmo} UCTT
[06:29] {Threei} MVIS dive
[06:29] {magoo} i have no charts, anyone else?
[06:29] {BillyD} yes I have them
[06:29] {magoo} what server?
[06:29] {Threei} chart server 2 here magoo
[06:29] {BillyD} 3 here
[06:30] {magoo} ty
[06:30] {Threei} 5.81 MVIS long
[06:31] {Threei} if loses 5.70, invalidated
[06:33] {BillyD} charts out here now
[06:33] {Threei} holding right around support still... maybe not hopeless yet
[06:34] {Threei} ugh... you are right
[06:35] {Threei} OK{ MVIS valid again but if loses .70 once again, forget it
[06:36] {Threei} that was one serious offer to take
[06:37] {magoo} in btw
[06:37] {Threei} yup
[06:37] {Threei} 1:1
[06:38] {Threei} seems capable of more
[06:38] {Threei} 09:37:26 ADMIN7 --} (All): Chart servers are being fixed now
[06:38] {BillyD} out mvis w/ scalp
[06:39] {magoo} my charts no work
[06:40] {BillyD} try 2 magoo
[06:40] {Threei} just went on
[06:40] {magoo} ok
[06:40] {magoo} ty
[06:41] {Threei} lost support
[06:41] {Threei} gewt out if you still have it
[06:41] {Threei} it can do anything from here
[06:41] {BillyD} not nice
[06:41] {Threei} no
[06:42] {BillyD} it wouldn't stop in premkt going up
[06:42] {Threei} well, they often pull back right before opening
[06:43] {BillyD} yes I went long 6.10 and it wouldn't budge was aout at .09
[06:43] {Threei} to digest such offer and be able to go up just 15-17 cents from there, that;s not a good sign
[06:43] {BillyD} no
[06:43] {BillyD} when I saw offer ...I'm like we in trouble
[06:44] {magoo} its shortable laserhds
[06:46] {Threei} 5.50 - 5.75 range
[06:46] {Threei} for short indication
[06:46] {Threei} hopefully forms new resistance, closer to trigger
[06:49] {Threei} GIGM?
[06:50] {dino} ew s .99
[06:50] {esemde} does 5.68/5.69 look like a good bystop on GGBM/
[06:51] {Threei} DNDN
[06:51] {Threei} 7.46 long for a scalp
[06:51] {Threei} stop under 7.30
[06:52] {Threei} not sure ese... hard to tell if there is any life in it still
[06:53] {DaveG} "It's ALIVEEEE"
[06:53] {dino} cov ew .69, +.30
[06:53] {DaveG} from Frankenstein
[06:53] {DaveG} oh nm
[06:54] {Roman} GGBM
[06:54] {Roman} in
[06:54] {Roman} 1/3 size
[06:54] {Roman} 5.68 area
[06:54] {Threei} wakes up
[06:54] {Threei} trades somewhat wierd though
[06:55] {Raven} Just came back from Jury Duty ... all 6 defendants pled guilty ... guess they saw me sitting there ...
[06:55] {Threei} wow
[06:55] {Raven} lock them all up !
[06:55] {Threei} Raven fixes the system siglehandedly
[06:55] {Raven} damn right
[06:56] {Threei} DNDN stop to .34
[06:56] {Roman} out 6.10 area
[06:57] {BillyD} gj RFR
[06:57] {Roman} ty
[06:57] {Threei} nice move, I couldn't read it
[06:57] {Threei} Raven... make sure you stay away from my parole hearing
[06:58] {dino} ntri blood
[06:58] {magoo} i wait .34
[06:59] {Roman} ASTI strange
[06:59] {Roman} up when others down
[06:59] {Roman} other solars i mean
[06:59] {dino} ntri hl l .66
[06:59] {BillyD} NRMX watching
[07:00] {Roman} NCST
[07:00] {dino} out ntri .25,
[07:00] {dino} +.56
[07:00] {Roman} long small NCST
[07:00] {Roman} 4.30
[07:00] {lklarson} gm all
[07:00] {cosmo} R:) ...you don't have to be the man to be the man
[07:00] {Roman} 1 spike
[07:00] {Threei} lkl :)
[07:00] {magoo} out dndn .58 here
[07:00] {magoo} ty vad
[07:00] {Threei} DNDN 1:1
[07:00] {Roman} out DNDN ty Vad
[07:00] {dino} i am the dog (dino)
[07:00] {Threei} welcome guys
[07:01] {Threei} had a feeling from yesterday this one should start showing sings of life
[07:01] {BillyD} same here Vad
[07:01] {dino} lkl where are you, i'm backkkk
[07:01] {Raven} cosmo ... uh, I guess
[07:02] {lklarson} lol, great!
[07:02] {Roman} YHOO Yahoo! pops 0.25 in past few minutes as renewed takeover chatter makes the rounds (25.10 +0.10) -Update-
[07:03] {magoo} out .34
[07:03] {magoo} GGBM
[07:03] {Threei} wtg
[07:04] {magoo} thanx roman i believe
[07:04] {Threei} you did a great job on GGBM guys, too bad I couldn't get a read on it
[07:04] {Roman} yeah, but how did u freaking know to exit here?
[07:04] {magoo} huh?
[07:04] {dino} mchx spikeroni
[07:04] {Roman} i am just jeleaous
[07:04] {Roman} :)
[07:04] {Threei} pssst Roman... he has magic dartboard
[07:05] {Threei} DNDN spike
[07:05] {magoo} well, look i took .58 dndn
[07:05] {magoo} MVIS botheres me
[07:05] {magoo} feels obver 6
[07:05] {Threei} don't scartch it
[07:06] {dino} easier to say, "lucky"
[07:06] {dino} embrace it...profits=luck, losses=skill
[07:06] {Roman} magoo, is one of the best damn flippers i know , i don't know how he does it, and did i tell you that "magoo" in russian means 'i can"
[07:07] {dino} lol
[07:07] {BillyD} so magoo is like the little choochoo train that could
[07:08] {Threei} lol
[07:08] {BillyD} goooooo magoooooooo
[07:08] {dino} \little???
[07:08] {BillyD} lol
[07:08] {Threei} Blaine the train
[07:08] {dino} choo choo magoo
[07:08] {dino} ok back to workl
[07:10] {magoo} ok.enough he he
[07:10] {Roman} just check it out Magoo exist stock dumps, unreal
[07:11] {Roman} he's is got a something, i do know what it is yet, but i'll find out
[07:11] {BillyD} timing w/ luck
[07:11] {Roman} :)
[07:11] {magoo} i'll tell u if u hand over that cheesecake
[07:11] {Roman} no way
[07:12] {BillyD} 41 min into day and talking food already
[07:12] {magoo} if .89 eats..over 6
[07:12] {Roman} how do u think i get my good looks (remember Ben?), cheesecakes man
[07:13] {cosmo} ben kanobi?
[07:13] {dino} low carb
[07:13] {Roman} RNIN high, low vol
[07:14] {Roman} EEEI Electro Energy to provide Hybrid auxiliary power technology to trucking industry (1.15 +0.07)
[07:15] {Roman} TLAB
[07:16] {magoo} i gotta ask vad...kick mvis hard
[07:16] {dino} epax, biib
[07:17] {Threei} that's a toughie magoo.. it may get a spark yet, you are right
[07:17] {magoo} keep kikkin
[07:17] {Threei} I would say, 5.86 for new long trigger
[07:17] {Threei} with 5.73 stop
[07:17] {magoo} i took .76
[07:18] {Threei} yes, just trying to provide a new read on it
[07:18] {magoo} and then asked for the feet
[07:18] {magoo} no read,...just keep kikkkin
[07:19] {Threei} sigh... I am demoted to muscleman
[07:19] {magoo} pretend its lenin and kik away
[07:19] {Threei} rofl
[07:19] {BillyD} or trading guru with magical system
[07:19] {Threei} hey... it worked
[07:19] {magoo} OUT .99 THANX
[07:19] {magoo} go rest
[07:19] {Threei} should I pretend it's stalin to take 6?
[07:20] {Threei} thank you
[07:20] {magoo} REST first...i'll call u
[07:20] {Threei} yes sir
[07:20] {esemde} long MVIS .88
[07:20] {Threei} for new entries, you have 1:1
[07:22] {BillyD} UCTT sneaking up
[07:22] {magoo} getting frenzy feel vad
[07:22] {Threei} foam at MVIS mouth
[07:22] {Threei} it's not an easy trader by any means
[07:24] {magoo} it trades alot like nvda
[07:24] {esemde} I think this has 6.50 potential range Vad
[07:25] {esemde} big blocks at 6.05/6.10 to get through
[07:25] {Threei} I don't like these downticks while such buying pressure is on
[07:25] {Threei} I don't think they necessary kill the trade, they just make it really hard
[07:25] {BillyD} it's always like a serious seller is lurking
[07:26] {BillyD} they want to sell and still keep the momos happy
[07:26] {magoo} we can short it iu know
[07:26] {esemde} I'm feeling the same way about the down ticks
[07:26] {magoo} GGBM again
[07:27] {esemde} I have the stop at .70 ....we'll see
[07:28] {Threei} yeah, it could be a shakeout before run
[07:28] {Threei} volume did go down on pullback
[07:28] {magoo} just saying...not saying i would
[07:29] {Threei} don't be so modest magoo, you are assigned 'I can" status by Roman
[07:29] {Threei} try and live up to it, will ya
[07:30] {magoo} what, oops, sorry, was looking in freezer for stoli...i think dino hid it
[07:31] {Roman} LOCM
[07:31] {magoo} MVIS has the feel
[07:31] {esemde} market isn't helping things though...it stand to go up..
[07:31] {Roman} VOCS low vol , breakout
[07:35] {Threei} any news LOCM?
[07:35] {Roman} not just buying bouncing a bit
[07:35] {Roman} no
[07:35] {Threei} ty
[07:36] {Threei} I'll stay away
[07:36] {Threei} treacherous thing ever since momo died on it
[07:36] {BillyD} true vad
[07:36] {Roman} BCOn strong today
[07:36] {Roman} BCON
[07:36] {BillyD} they are all treacherous when momo dies if stuck
[07:36] {magoo} got hammered afterhrs rfr
[07:36] {BillyD} LOCM beat up the believers
[07:37] {Threei} yeah but some allow for smooth stops,
[07:37] {Threei} LOCM doesn't
[07:37] {BillyD} it is nasty
[07:37] {Threei} you are wrong on BCON, you lose what you predetermined
[07:38] {Threei} you are wrong on LOCM, you lose couple hundred on top of what you planned
[07:38] {BillyD} slippage
[07:38] {magoo} oh shit........................................
[07:38] * magoo slaps DaveG around a bit with a large trout
[07:39] {Threei} magoo figured out what lacked in his life for the last few days I take it
[07:39] {esemde} stopped mvis .69 -.18 RATS....
[07:39] {magoo} niot my fault...my partbner dino sent me into the woods for 3 days
[07:40] {Threei} it's wierdo ese
[07:40] {Threei} scalping material, nothing more so far
[07:41] {dino} l leh .00
[07:42] {Roman} add CPST long swing
[07:45] {Threei} FRPT
[07:46] {Threei} .76 long if stays above .60, half lot
[07:46] {magoo} thats why j lo left roman...she wasn't into swingin
[07:46] {Roman} :)
[07:46] {Roman} SBEI
[07:54] {Roman} UCTT broke out
[07:54] {magoo} your FRPT valid again lord vader?
[07:56] {Threei} nah
[07:56] {Threei} forget it
[07:56] {magoo} forget what?
[07:56] {Threei} who are you?
[07:58] {Threei} ILMN bounce candidate
[07:58] {Threei} small shares
[07:58] {Threei} ugh, don't chase
[07:58] {Threei} jumped right after I typed
[08:00] {Threei} ALGN news?
[08:03] {Threei} LEND
[08:03] {Threei} nice dump
[08:03] {Threei} shortable... let's see if we get some bounce
[08:04] {magoo} 2 points wow
[08:04] {Threei} {LEND} what's bounce?
[08:06] {magoo} man..straight down
[08:08] {dino} ew s .99
[08:08] {dino} hl
[08:09] {esemde} nice job...who was in?
[08:09] {esemde} on LEND that is
[08:09] {dino} strange feeling, trick, and down
[08:09] {Threei} sheesh ALGN
[08:09] {Threei} things just don't look back
[08:10] {Threei} either up oer down, go straight where they want to go
[08:10] {dino} out leh +.04
[08:11] {BillyD} yeah...was hoping UCTT would pullback for entry
[08:13] {esemde} i've been watching that one as well Billy...
[08:14] {BillyD} I missed it over .70 and wouldn't chase
[08:14] {BillyD} this mkt has me guessing too much as to which ones might go or not go
[08:14] {BillyD} cautious
[08:14] {esemde} i missed it at .80
[08:14] {esemde} yes indeed cautious
[08:15] {BillyD} sometimes...too much is a hinderance
[08:15] {BillyD} balance
[08:19] {Threei} LEND big bounce
[08:19] {Threei} short time, half lot
[08:19] {BillyD} yup...UCTT keeps going
[08:20] {magoo} entry??
[08:20] {dino} vsec s .64
[08:20] {esemde} bit of a shame there Billy....
[08:20] {Threei} don't chase magoo
[08:21] {magoo} i just did...sh .77
[08:21] {magoo} where u in
[08:21] {Threei} .92
[08:21] {esemde} tring to invoke Vads lesson from last friday....and look at that with control and indifference...
[08:21] {magoo} try this ES................
[08:21] * magoo slaps esemde around a bit with a large trout
[08:23] {esemde} .....yep.....that works....
[08:23] {esemde} can think clearer now.....
[08:24] * magoo slaps esemde around a bit with a large trout
[08:25] {esemde} ....even better,,,,,
[08:25] * magoo slaps esemde around a bit with a large trout
[08:25] {magoo} i can go on and on..............
[08:25] {esemde} alright already....alright.....
[08:27] {esemde} I'm now waitin... on MVIS with the news it got...it could be a good swing trade
[08:28] {Threei} covering LEND
[08:28] {magoo} gggggggggrrrrrrrrrrrrrrrrrr
[10:31] *** Disconnected
[10:31] *** Attempting to rejoin...
[10:31] *** Rejoined channel #discussions
[10:31] -admin- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[10:41] {DaveG} novc
[10:54] {magoo} nvda short vad
[10:55] {Threei} no real read
[10:55] {Threei} it just jerks up and down
[10:56] {DaveG} no comment
[10:59] {DaveG} someone tell the mkt to just tank already
[11:00] {Roman} TWTI going nuts
[11:01] {DaveG} wow, sure is
[11:02] {Threei} I don't see any news on it
[11:02] {Threei} ?
[11:02] {Roman} no news yet
[11:02] {BillyD} no
[11:02] {Roman} that's the beauty
[11:02] {Threei} wow
[11:04] {dino} presentation ongoing
[11:07] {dino} hl s .00
[11:07] {dino} risky
[11:14] {dino} wtg magoo
[11:15] {dino} cov .40, +.60
[11:15] {magoo} nice
[11:15] {magoo} good exit
[11:19] {dino} nice alert rfr
[11:19] {dino} owe you a brew
[11:20] {dino} eurx
[11:23] {Roman} :)
[11:25] {Roman} i got a feel that market ready for correction 8% correction next 4 weeks
[11:25] {Roman} imo
[11:26] {magoo} so startv thinking short
[11:27] {magoo} whats uop ridiculous that gonna coirrect/
[11:27] {Roman} it's hard for scalpers to capitalize on a long -term outlook
[11:28] {LaserDave} still no news on TWTI?
[11:28] {Roman} i just wanted to share my opinion (don't want to keep things inside)
[11:28] {magoo} agree
[11:28] {Roman} no news on TWTI yet
[11:29] {dino} hl l trcr .20, stop .89
[11:29] {LaserDave} ok ty
[11:29] {LaserDave} that thing a bit wacky
[11:29] {dino} exbd blood
[11:31] {dino} conference call ongoing at yhoo
[11:31] {dino} twti
[11:39] {dino} trcr stop to .99, not working
[11:40] {dino} stopped w/slippage-.30
[11:51] {LaserDave} heres a lil blurb u guys might of already seen
[11:51] {LaserDave} but i post anyway
[11:52] {Threei} not that paris hilton confession again, dave
[11:52] {LaserDave} On CNBC, Cramer says would be buying Puts on every single homebuilder... thinks one of them could go bankrupt, thinks CFC qtr was qtr from hell
[11:52] {LaserDave} haha
[11:52] {LaserDave} Dow (-147) extends lower, making fresh session lows as CFC drops bomb on market saying home prices falling at rate not seen since Great Depression
[11:52] {magoo} cfc=cuntuckey fried chicken?
[11:52] {LaserDave} haha
[11:52] {LaserDave} u for real
[11:52] {Threei} lol
[11:52] {LaserDave} lol
[11:53] {Threei} magoo's associations are mostly food related
[11:53] {Threei} and I can't blame him
[11:53] {LaserDave} :)
[11:54] {cosmo} hmm...could be a good time to buy that house, but ...no matter
[11:55] {LaserDave} this is the scariest stock market
[11:55] {LaserDave} need to be so carefull on the long side
[11:55] {LaserDave} when the markets decide to really sell off it could get real real nasty
[11:56] {dino} cosmo thinking like dino, yeah, cfc only earned 485 mill this quarter
[11:56] {Roman} i am watching MAGOO trend, when magoo starts shorting i know it's over for the market
[11:56] {magoo} already shorting
[11:56] {magoo} short twti
[11:56] {Roman} if magoo sell, i better be out of this stock or market
[11:57] {dino} i am getting close to building a long swing in the investment banks
[11:57] {dino} fwiw, and it isn't worth much
[11:58] {cosmo} IYR
[11:59] {cosmo} for a bounce scalp
[12:03] {cosmo} .. on the daily
[12:13] {dino} little panic
[12:19] {dino} tasr l .92, stop lod
[12:20] {dptl} take care all have a good evening...:) talk to you tomorrow
[12:20] {magoo} bye dp
[12:21] {BillyD} bye dp
[12:21] {BillyD} bye magoo
[12:21] {dino} cya dp
[12:22] {dino} by magoo
[12:24] {Roman} long NQ small
[12:25] {Roman} i mean QQQQ
[12:25] {Roman} 49.26
[12:27] {Threei} TWTI
[12:27] {Threei} bounce soon most likely
[12:28] {Threei} fast selling under .50
[12:32] {Roman} Today after the close look for the following companies to report: RNT, AFL, AMZN, AMSG, BOBJ, CHRW, CAKE, EPIQ, HOKU, LCRX, MANH, NTRI, PNRA, PRAA, RFMD, STM, WBSN, and ZHNE.
[12:34] {Roman} out QQQQ -.04
[12:35] {Threei} missed bounce scalp, wanted it lower
[12:37] {BillyD} don't blame you
[12:37] {BillyD} I was looking for spike into .30 area
[12:38] {magoo} tbsi crushed..news}}????
[12:38] {dino} hl l tbsi .70
[12:38] {dino} risky
[12:42] {DaveG} gettin' a little nasty put there eh
[12:42] {DaveG} out
[12:50] {dino} out tasr .20, +.28
[12:51] {dino} out tbsi .30, +.60
[12:51] {Threei} wtg
[12:51] {BillyD} dino on fire
[12:52] {BillyD} I guess you just have to take a chance
[12:52] {Threei} we overdid in carefulness department wit TWTI eh Billy
[12:52] {Threei} 50 cents bounce
[12:52] {BillyD} as I watch the 33k bid at 7
[12:52] {dino} luxcky, and calling it a day, 3x over daily
[12:52] {BillyD} there was no vol spike at all
[12:53] {dino} mer l trig. at .75
[12:53] {dino} out mer .95, +.20
[12:54] {dino} ok now really done
[12:54] {lklarson} out twti +.49 thx boss
[12:54] {dino} gj lkl
[12:54] {lklarson} thx dino
[12:54] {dino} np
[12:55] {Threei} thank you all
[12:55] {Threei} have a great evening, see you tomorrow
[12:55] {lklarson} only trade today
[12:55] {Threei} winning?
[12:55] {Threei} oh, this last one
[12:55] {Threei} sorry
[12:55] {lklarson} yeo
[12:55] {Threei} better than poke in the eye
[12:55] {lklarson} lol, for sure
[12:55] {Threei} but I am hurt... you ingored my calls
[12:56] {Threei} I remove myself for some crying
[12:56] {Threei} see you tomorrow
[12:56] {lklarson} sorry, but been out all day
[12:56] {lklarson} just got back for one trade
[12:56] {Threei} doesn't matter engage "take winning calls" feature when you leave
[12:57] {lklarson} yep
[13:00] {lklarson} good night all
[13:11] {dino} later all
Session Close: Wed Jul 25 00:00:00 2007