RealityTrader Trading Log

Wednesday, August 15, 2007

August 15, 2007

Session Start: Wed Aug 15 00:00:00 2007

Session Time: Wed Aug 15 00:00:00 2007

[06:38] {Threei} XING short .90 breakdown
[06:39] {BillyD} stop
[06:39] {BillyD} I see 10.19 print
[06:39] {Threei} 10.06
[06:39] {BillyD} ty
[06:41] {BillyD} I keep getting executor disconnects
[06:41] {Threei} looks ok here
[06:42] {BillyD} been happening on/off most of premkt as well
[06:42] {lklarson} in xing
[06:43] {Threei} must be something route-related Billy
[06:43] {Threei} didn't happen here
[06:43] {BillyD} agree
[06:43] {Threei} charts are obviously off systemwide
[06:43] {BillyD} maybe if I paid cable bill on time huh
[06:43] {Threei} or fed hamsters
[06:43] {BillyD} lol
[06:44] {BillyD} actually gonna reboot modem....brb
[06:44] {Threei} uh oh... famous last words...
[06:45] {Threei} in the same category as "hold my beer and watch this"
[06:46] {DaveG} lol
[06:46] {cosmo} WIND picks up ... may test 10 = pre mkt high
[06:46] {Threei} stay patient guys and gals, we are finally in august
[06:47] {Threei} in market it came way later than it did on calendar
[06:49] {Threei} welcome back billy and charts
[06:49] {BillyD} ty
[06:50] {Threei} WIND 9.86 maybe worth a try cosmo
[06:51] {Threei} FED CANCELS OVERNIGHT REPOS
[06:52] {Threei} {OVERNIGHT REPOS} why oh why...
[06:52] {BillyD} must be good huh?
[06:52] {BillyD} mkt not tanking
[06:53] {BillyD} Fed saying no more bandaids right now
[06:53] {Threei} yeah, either not needed anymore or they ran out of those and need to replenish supplies :)
[06:54] {Threei} XING, be a doll and die faster
[06:54] {BillyD} hopefully it is first scenario
[06:57] {BillyD} watching GIGM forsigns of long over.20
[06:58] {esemde} good morning am late to the table....
[06:58] {Threei} hi ese
[06:58] {BillyD} morn ese :)
[06:58] {Threei} note from parents?
[06:59] {esemde} yes I have one from my wife
[06:59] {esemde} I can barely move....I jack hammered the tile in my kitchen floor yesterday and can barely move..
[06:59] {BillyD} wow
[07:00] {Threei} hmmm... I usually do that with grenade
[07:00] {BillyD} and hire a cleanup crew
[07:01] {Threei} nah, municipality emergency management takes care of that
[07:01] {Threei} I just hide for a couple days in nearest bushes
[07:01] {esemde} i've never understood what sore meantt until this very moment...trying trying to get up to log on with you all
[07:01] {Threei} is it your back ese?
[07:02] {Roman} TBUS DRI Corp Notes Federal Transit Security Funding Legislation Authorizes $3.4 Billion over Four Years (2.70 +0.09)
[07:02] {esemde} back... shoulders,,,, arms.....every inch of me
[07:03] {Roman} we are setup for another big down day
[07:03] {Roman} IMO
[07:05] {esemde} 1000 pt correction so far....gotta be thinkin oversold at some point
[07:05] {Roman} this correction is going deeper
[07:05] {esemde} how so Roman
[07:05] {Roman} lower
[07:06] {BillyD} 12,400 area imo
[07:06] {Roman} than 2 previous ones
[07:06] {Roman} but that's nothing a daytrader needs to worry about
[07:06] {Threei} ikzaqtly
[07:07] {esemde} i was thinkin 12700 but who knows....
[07:07] {Roman} BDCO boyz playing it again
[07:08] {Roman} could be a trap this time
[07:10] {Threei} XING stop to just above 10
[07:17] {DaveG} ym's are strong today
[07:17] {DaveG} so far
[07:17] {Roman} long GIGM 1/3
[07:17] {Roman} 12.29
[07:17] {BillyD} missed the .20 break on GIGM
[07:18] {cosmo} WIND gonna test 10
[07:18] {cosmo} soon
[07:18] {esemde} bstop VRSN 30.35
[07:20] {Threei} it's back in ideal bounce point billy
[07:20] {BillyD} looking for dip under .20
[07:21] {Roman} long AUXL small
[07:21] {Roman} 19.15 area
[07:22] {Roman} IPII possible boucer
[07:23] {Roman} BCRX kinda looks interesting for continuation
[07:26] {BillyD} in GIGM .28
[07:26] {cosmo} wind
[07:26] {cosmo} wind
[07:27] {cosmo} oops
[07:28] {esemde} VRSN possible cup and handle on 1min chart
[07:30] {esemde} VAd would 28 million shs for today be to much already for volume
[07:30] {esemde} wondering if it has enough to push up to yesterdays high
[07:30] {esemde} .83
[07:31] {Roman} watching CTIB
[07:31] {Roman} reported earnings earlier
[07:31] {Roman} this one has major potential
[07:32] {esemde} where would you enter Roman
[07:32] {Roman} 4.5
[07:33] {Roman} JRJC on radar, reported earnings
[07:35] {Threei} not sure what you mean ese
[07:37] {Threei} it just moves with market so far
[07:37] {BillyD} GIGM needs to take this .41 area
[07:41] {Threei} .43 yesterday's high
[07:41] {BillyD} yes
[07:43] {BillyD} sold 1/4 +.12
[07:43] {Roman} Dino & MAgoo, flipping houses today?
[07:44] {Threei} dino went on vacation
[07:44] {lklarson} ok, xing finally moving
[07:45] {esemde} Average volume for the stock is 4 to 5 mil it's at 600 x's avg....just thinking it may have expended it's energy for the day
[07:45] {esemde} moot point though now it's invalidated itself
[07:50] {BillyD} now or never GIGM
[07:51] {Threei} slow motion market eh?
[07:52] {BillyD} yes
[07:52] {cosmo} nah...just a bad dream
[07:55] {Threei} go GIGM
[07:56] {lklarson} out half GIGM +.26
[07:56] {BillyD} out 1/4 more +.18
[07:57] {Roman} flipper
[07:57] {BillyD} yes
[07:57] {Roman} :)
[07:58] {BillyD} I like it but can't hold it much longer....need to urgently step away :)
[07:58] {BillyD} so might as well take a little profit
[08:00] {Roman} long BCRX small
[08:03] {lklarson} out half XING at .78 +.10
[08:04] {Threei} Roman, call lkl flipper too for me please
[08:04] {Roman} flipper!
[08:05] {Threei} ty
[08:05] {Roman} anytime
[08:05] {Threei} length I go in my laziness...
[08:05] {Threei} would take me less effort to call him flipper myself
[08:06] {lklarson} lol
[08:06] {Roman} IRBT flippable?
[08:07] {BillyD} sold rest of GIGM at .44
[08:07] {BillyD} late post I know
[08:07] {lklarson} stopped rest GIGM
[08:07] {Threei} looks like IRBT
[08:07] {Threei} small shares
[08:15] {Threei} pleasant move
[08:15] {Threei} practically uninterrupted
[08:18] {lklarson} well, XING certainly fits profile of "turtle wins the race"
[08:18] {Threei} just wait to see what happens once it loses .75
[08:19] {Threei} but if you must know, I can tell you
[08:19] {Threei} once it lloses .75, it will trade at .74
[08:19] {lklarson} lol
[08:20] {lklarson} and then .73, .72.......and so on
[08:20] {Threei} if we are lucky
[08:21] {lklarson} yes, my fingers are crossed:)
[08:27] {BillyD} watching LEND for possible short off .40
[08:28] {lklarson} out 1/4 XING +.18
[08:28] {BillyD} milk it ikl
[08:29] {lklarson} yes:)
[08:31] {Threei} IRBT beauty
[08:31] {BillyD} wow..nice
[08:31] {lklarson} to bad we got stopped out of GIGM
[08:32] {Threei} no kidding
[08:32] {Roman} not me
[08:32] {Roman} still in
[08:32] {Threei} disgusting stock
[08:32] * Threei slaps Roman around a bit with a large trout
[08:32] {lklarson} good slap:)
[08:33] {Threei} at least some relief
[08:33] {Threei} not fully compensating for the stop
[08:33] {Threei} but still
[08:33] {lklarson} yes, agreed
[08:38] {BillyD} ss LEND .40
[08:47] {lklarson} out rest XING +.25 thx vad
[08:47] {Threei} welcome
[08:47] {BillyD} gj
[08:48] {Threei} profitable AND doesn't violate our sleeping requirements
[08:48] {Threei} what else could you demand from a stock
[08:48] {lklarson} exactly, lol
[08:49] {lklarson} as long as the turtle brings home the bread...no problem
[08:50] {BillyD} today
[08:50] {Threei} unless bread goes stale while turtle travels
[08:50] {BillyD} brings home the bread
[08:50] {BillyD} lol
[08:50] {lklarson} yes, lol
[08:50] {BillyD} then it becomes snail
[08:50] {Threei} one legged snail
[08:50] {Threei} in molasses
[08:51] {Threei} after getting a shot of tranquilizer
[08:51] {BillyD} and tarr with strong opposing wind
[08:51] {Threei} and tied to a chair
[08:51] {BillyD} and with abusive sarcasm
[08:52] {Threei} careful billy... my sense of humor starts rubbing ooff of you
[08:52] {lklarson} thats called "investing"
[08:52] {Threei} can't be good
[08:52] {BillyD} theraputic to my trading Vad
[08:52] {Threei} but destructive for your parties
[08:53] {BillyD} good point
[08:53] {Threei} "noone laughed at my jokes again"
[08:53] {BillyD} lollol
[08:53] {BillyD} oh I meant...blah blah blah
[08:53] {Threei} you deliver the punchline... everyone looks with expectation...
[08:54] {Threei} you look back with "I'm done" expression
[08:54] {Threei} everyone: "oh"...
[08:54] {BillyD} then sympathy laughs
[08:54] {Threei} the worst kind
[08:55] {lklarson} think i'm scared for life, don't even dare to do jokes in public anymore
[08:55] {Threei} so, you find nearest paddle and drop in it
[08:56] {Threei} and this is the only way you can make people laugh
[08:57] {Threei} then you go home murmuring under your breath "at least my sense of humor makes me money... that's almost as good as being Seinfield"
[08:57] {lklarson} ok, thanks for tip
[08:57] {Threei} always
[09:02] {Chaeron} :)
[09:03] {Threei} is it a Cheshire cat?
[09:03] {Chaeron} }:D
[09:03] {Threei} nope
[09:03] {Chaeron} hi all... didn't want to interrupt
[09:03] {Threei} hi :)
[09:03] {DaveG} well ya did now
[09:04] {DaveG} sheesh
[09:04] {Chaeron} heh
[09:04] {DaveG} :)
[09:06] {lklarson} LEND breaking down now
[09:07] {BillyD} yes
[09:10] {BillyD} over .50 my stop
[09:11] {BillyD} wasn't able to cover any yet
[09:13] {lklarson} missed LEND unfortunately
[09:13] {BillyD} .50 definite stop...play it by ear
[09:15] {BillyD} cov'd 1/4 +.13
[09:15] {BillyD} +.11 1/4 more
[09:16] {lklarson} gj billy
[09:16] {BillyD} ty
[09:20] {BillyD} hoku spike
[09:20] {Roman} HOKU finding some interesting
[09:20] {Roman} beam me billy
[09:21] {Roman} beat
[09:21] {Roman} i had more to type tho
[09:21] {BillyD} lol
[09:21] {BillyD} I would beam you up if possible :)
[09:22] {BillyD} cov'd more +.06
[09:24] {BillyD} out rest +.19
[09:28] {BillyD} need to trail my stops better
[09:43] {DaveG} my problem lately has been getting flushed
[09:43] {DaveG} then it runs
[09:43] {DaveG} hate that
[09:44] {BillyD} how are your entries
[09:44] {BillyD} and setups
[09:44] {DaveG} fine
[09:45] {BillyD} nothing you can do then
[09:45] {BillyD} except crawl under a rock :)
[09:45] {Threei} he asked about entries, not entrails, dave
[09:45] {DaveG} :)
[10:19] {lklarson} .
[10:23] {Threei} TZOO small shares short
[10:24] {Threei} aggresively here with first sells and stop above .30
[10:24] {Threei} regularly .10
[10:25] {DaveG} now on sale for .05
[10:25] {DaveG} ok, corner
[10:25] {Threei} daydreaming?
[10:26] {DaveG} lost track of where i was
[10:40] {Roman} long NFI
[10:40] {Roman} 1/3
[10:46] {Roman} CHTR
[10:47] {Threei} shorted a little TZOO
[10:48] {Roman} CHTR Charter Comm Chariman Allen Says Considering Alternatives - DJ (2.81 +0.17)
[10:49] {Roman} in CHTR
[10:49] {Roman} 2.85
[10:50] {Roman} out 1/2 +.19
[10:50] {Threei} nice one
[10:50] {Roman} possible sale, i love those
[10:56] {BillyD} in WIND .03
[10:57] {esemde} You all have a great rest of the day...enjoyed watching see you tomorrow
[10:58] {BillyD} cya ese
[10:58] {Threei} take care ese
[10:58] {esemde} see ya Vad...oh and one thing ..my professional band is playing down in the inner harbour this friday at the Dragon Boat festival 8:00pm if you want to come
[10:59] {esemde} By the float plane dock
[10:59] {Threei} thank you :)
[11:00] {Threei} most liklely will make it there
[11:00] {esemde} were called "The Midnights"
[11:00] {BillyD} cool name
[11:01] {Threei} plane dock just to the right off hotel spot?
[11:01] {esemde} we conjured it up because we can put an artists name in fromt of it...like last year when we backed up Martha Reeves
[11:02] {BillyD} good idea
[11:02] {Threei} my daughter comes for a week
[11:02] {Threei} and I planned inner habrour exactly for friday
[11:02] {esemde} Martha Reeves and The Midnights.....thats motown superstar Martha Reeves, Heat Wave Dancin in The Street, Jimmy Mack etc.
[11:02] {esemde} see ya'll
[11:08] {Threei} die TZOO
[11:08] {BillyD} how about...move TZOO
[11:08] {Threei} why?
[11:08] {BillyD} not in
[11:09] {BillyD} slower than I personally like is all
[11:09] {BillyD} bad humor
[11:09] {Threei} no other kind is allowed here
[11:09] {Threei} lest I feel inadequate
[11:09] {BillyD} my WIND not much better
[11:10] {lklarson} taking conservative entry on TZOO .10
[11:10] {Roman} billy, that lost comment just doesn't sound right
[11:10] {Roman} that last
[11:10] {lklarson} thought i was looking at XING again
[11:10] {BillyD} trrue Roman
[11:15] * Threei reiterates swift kick on TZOOs head
[11:15] {BillyD} you are getting violent
[11:16] {BillyD} disturbing childhood?
[11:17] {Threei} I'd think so
[11:18] {Roman} ENZN continuing from yesterday
[11:39] {Roman} CFC slide
[11:41] {DaveG} CFC's in trouble me thinks
[11:42] {Threei} covered half TZOO at .09 in my sleep
[11:45] {dptl} pretty boring day.......going back to bed....have a good afternoon all....
[11:45] {Threei} boring eh
[11:45] * BillyD slaps dptl around a bit with a large trout
[11:45] {Threei} sorry, next time we will bring some showgirls
[11:45] {dptl} hmm .....yep
[11:45] {dptl} lol
[11:46] {BillyD} :)
[11:46] {dptl} take care everyone
[11:46] {BillyD} bye dp
[11:48] {DaveG} here we go
[11:56] {DaveG} sorry, thought the sky was gonna fall
[11:56] {Threei} some think too much
[11:56] * Threei looks in the sky and whistles with indifferent look
[11:57] {DaveG} :)
[11:57] {BillyD} get out your "Sky is Falling" hard hats and teeshirts
[11:57] {BillyD} world is coming to an end
[11:58] {Threei} I never take off mine
[11:58] {BillyD} roflol
[11:58] {cosmo} geo-cosmic cataclysm ...the only way to go
[11:58] {BillyD} in a tutu as well
[11:58] {Roman} bottom line the real-estate speculation caused problems, let's of people here in miami made serious CASH
[11:58] {Roman} now getting messed up
[11:58] {Roman} so many condo flippers
[11:58] {Threei} isn't it a story with any market boom
[11:58] {Roman} no things are turning around
[11:59] {Roman} now things
[11:59] {BillyD} right Vad
[11:59] {Roman} this is goingto get ugly clear out the weak
[11:59] {Threei} 1998-200, a lot of people made serous money, even more of them gave it all back and then some
[11:59] {Threei} tulips
[11:59] {Threei} love the book... extraordinary delusions and crowd madness
[12:00] {Threei} read it, you know everything you need to know about market boom and bust cycles
[12:01] {Threei} btw whoever decides to keep that hard hat on all the time, keep in mind - peope tend to look at you funny
[12:01] {Threei} but you mustn't care
[12:02] {BillyD} it is therapy to help you not care what others think
[12:02] {Threei} and safety as an added plus
[12:02] {BillyD} or crab pot
[12:02] {BillyD} to cook
[12:04] {Threei} and will protect you from alien's mind control
[12:04] {Threei} if it's plastik hard hat, line it up with foil
[12:05] {Roman} i almost got convinced that it was time to buy buy buy (real estate)
[12:05] {Roman} everyone around me making making, talking about making money
[12:05] {Roman} it was crazy
[12:05] {Roman} bentleys
[12:06] {Threei} well... there are dumb ones who buy and never sell,
[12:06] {Threei} smart ones that never buy
[12:06] {BillyD} when everyone is talking how easy it is means it is over
[12:06] {Threei} and then there are wise ones
[12:06] {Threei} who have bbeen through it once or twice so they can recognize the signs of both, beginning and end,
[12:07] {Threei} so they buy ANDF sell in time
[12:07] {Roman} (no way) they could influence me (unless the house comes with free dessert supply for 1 year)
[12:07] {Threei} I like to think I am wise enough to make three-four fortunes if next 1998 comes along
[12:07] {BillyD} Ben is griining at the thought of dessert
[12:07] {Roman} Vad is so freaking smart, i can't stand this dude
[12:07] {Threei} sorry
[12:07] {Roman} :)
[12:07] {Threei} I am not but I do pretend well
[12:08] {Threei} covering TZOO is full
[12:08] {Threei} what a pleasant easy trade to end the day with
[12:08] {Roman} kidding, u always got some interesting comment or quote from a book
[12:08] {Threei} and note, in most cases I wrote the book {G}
[12:08] {Roman} i was had some much info in my brain
[12:09] {Threei} hmmm
[12:09] {BillyD} no comment
[12:09] {Threei} you may want to try this sentence once more before raven gets heartattack
[12:09] {Roman} Raven is probably fishing or hunting
[12:09] {Roman} he actually knows how to have a good time
[12:09] {Threei} or fainted reading that line of yours :)
[12:09] {Roman} :)
[12:10] {Roman} Okay, market dump
[12:10] {Threei} dude, not only it's not engliash... it's not any other language known to humankind
[12:10] {Threei} or martians
[12:10] {DaveG} out 1/2 CFC puts up .30
[12:10] {Roman} wow dave making money again
[12:10] {Roman} KLAC short with NQ?
[12:11] {Threei} too bad without taking us along
[12:11] {DaveG} isnt that a surprise
[12:11] {Threei} ok guys, gotta go grab my daughter from ariport
[12:11] {Roman} later Vad
[12:11] {lklarson} take care vad
[12:11] {BillyD} cya
[12:11] {Threei} boring albeit nice and easy day
[12:11] {Roman} shorting KLAC small stop 58.15
[12:11] {Roman} short 57.75
[12:11] {Threei} have a good evening, see you tomorrow
[12:11] {Threei} unless world ends today
[12:11] {DaveG} slacker
[12:12] {DaveG} im kidding
[12:12] {Threei} in which case I take day off and see you day after tomorrow
[12:12] {DaveG} take care
[12:12] {DaveG} sky fell
[12:13] {DaveG} i can see it lying in the road
[12:14] {DaveG} out remainder CFC puts +.40
[12:14] {Roman} flipper!
[12:14] {DaveG} lol
[12:15] {Roman} out BCRX from earlier
[12:18] {Roman} cover 1/2 KLAC
[12:18] {Roman} +.28
[12:21] {DaveG} wtg r
[12:24] {BillyD} stop WIND _.15
[12:35] {DaveG} wheeeeeeeeeeeeeeeeeeee
[12:42] {DaveG} going down a slide
[12:45] {DaveG} well, i'm gonna take off before these severe t-storms hit, y'all have a good night
[12:46] {Roman} take care dave
[12:47] {Roman} 5.3 magnitude earthquake strikes off east coast of Japan - Bloomberg.com
[12:50] {Roman} TAYD could find interesting on earthquake
[12:50] {Roman} especially if there is a tsunami warning
[12:50] {Roman} find interest that is
[12:54] {Roman} just as I expected market down
[12:54] {Roman} [10:03] {Roman} we are setup for another big down day
[12:54] {Roman} [10:03] {Roman} IMO
[12:54] {Roman} [10:05] {esemde} 1000 pt correction so far....gotta be thinkin oversold at some point
[12:54] {Roman} [10:05] {Roman} this correction is going deeper