RealityTrader Trading Log

Thursday, August 2, 2007

August 2, 2007

Session Start: Thu Aug 02 00:00:00 2007

Session Time: Thu Aug 02 00:00:00 2007

[05:39] {cosmo} POZN
[05:41] {BillyD} morning cosmo
[05:41] {cosmo} so far
[05:42] {cosmo} :)
[05:42] {BillyD} LEND getting a spanking on thin vol
[05:44] {BillyD} warning aboutl solvency
[05:47] {cosmo} POZN: FDA concerns about potential genotoxicity...
[05:59] {markweb} GM ALL
[05:59] {BillyD} mark :)
[06:00] {markweb} :)
[06:07] {Threei} Good morning
[06:08] {markweb} VAD:)
[06:08] {Threei} mark :)
[06:08] {Threei} sheesh POZN
[06:08] {cosmo} FDA no likey
[06:08] {cosmo} it seems
[06:09] {Threei} gap out of lineup of widowmakers
[06:09] {Threei} even more treacherous because of yesterday's run
[06:10] {Threei} which, combined with significant pullback is practically sure to entice a lot of poeple into buying and holding for continuation'
[06:10] {cosmo} POZN will hold a live conference call at 11:00 a.m. Eastern Time with an update
[06:10] {cosmo} ...
[06:10] {Threei} market said "continue this"
[06:11] {Threei} be back in 5
[06:12] {esemde} good morning everone......hate it when my charts arn't working
[06:12] {esemde} anyone esle use Prophet.net for charting
[06:14] {DaveG} morning Sir Vad
[06:16] {cosmo} PHRM
[06:16] {cosmo} Vidaza extends survivalability...
[06:16] {cosmo} they say
[06:17] {BillyD} dave, ese, Vad :)
[06:17] {dptl} good morning all
[06:17] {BillyD} dp
[06:19] {Threei} back
[06:20] {Threei} ese, dave, dp :)
[06:22] {BillyD} PHRM on fire
[06:23] {cosmo} is that good?
[06:23] {BillyD} yes if long
[06:23] {esemde} COGT...nearly triples.
[06:23] {esemde} profit that is
[06:26] {lklarson} gm all
[06:27] {Threei} lkl :)
[06:29] {dino} gm all, tough time logging in
[06:29] {Threei} dino :)
[06:30] {Threei} why, what happened?
[06:30] {Threei} server runs fine
[06:30] {dino} i take magoo golfing and today he's a no-show
[06:30] {dino} no idea
[06:32] {Threei} COGT half lot long .60
[06:32] {Threei} stop under .40
[06:32] {Threei} invalidated for now
[06:32] {Threei} keep an eye for that .55 offer being taken as entry indication
[06:34] {Threei} SBUX .76 long half lot if stays above .60
[06:34] {Threei} or .59 short
[06:34] {lklarson} FRPT still strong, what you think vad?
[06:35] {Threei} .76 stop
[06:35] {Threei} .16 worth a try FRPT
[06:35] {lklarson} thx
[06:35] {Threei} half lot
[06:36] {Threei} 17.99 stop
[06:36] {Threei} die SBUX
[06:38] {Roman} NICE
[06:38] {Threei} 1:1
[06:38] {Roman} ty Vad
[06:38] {Threei} welcome
[06:38] {lklarson} out sbux thx boss
[06:39] {Threei} whimps
[06:39] {Threei} but welcome :)
[06:39] {Threei} 1:2
[06:39] {Threei} 1:3
[06:39] {Threei} and counting
[06:40] * lklarson slaps lklarson around a bit with a large trout
[06:40] {dino} oiim s hl .65
[06:40] {dino} stop .97
[06:42] {Threei} PHRM is tempting to find a play on
[06:42] {Threei} risk is a bit too high for now
[06:42] {dino} bare blood
[06:44] {BillyD} Vad..any read NVDA
[06:45] {dino} bare hl l .27, risky
[06:45] {Threei} 46 long if stays above .85... not very reliable read to say honestly
[06:46] {BillyD} yeah...it doesn't seem like participating w/ rest of mkt
[06:46] {Threei} nice OIIM dino
[06:47] {Threei} POZN
[06:47] {Threei} small shares long over 10.20
[06:48] {dino} stopped -.34
[06:48] {Threei} 9.90 support for a stop and invalidation
[06:50] {Threei} JNPR
[06:50] {Threei} .20 long
[06:51] {Roman} POZN still Valid?
[06:51] {Threei} 32.04 stop
[06:51] {Threei} yes... risky as hell
[06:52] {Threei} 1:1 JNPR
[06:52] {BillyD} ouit 1/2 jnpr
[06:53] {esemde} stalking AMTD bstop 17.06..
[06:54] {BillyD} out rest jnpr
[06:58] {dino} oiim bstop to .53, stuck
[07:00] {Roman} ECONX Factory Orders +0.6% vs +1.0% consensus
[07:03] {dino} cov oiim .50 +.15
[07:05] {Threei} anyone here from Minneapolis?
[07:13] {Threei} Billy... why didn't we go with other side of setup on NVDA? :)
[07:14] {BillyD} yeah...my brain slow today for some reason
[07:14] {BillyD} it showed signs of weaknes early
[07:14] {Threei} "today"? I'll say you are lucky one
[07:15] {BillyD} had some great entries on AKAM and took scalps only....need focus
[07:15] {dino} leh s .16
[07:17] {BillyD} Vad...if NVDA can't bounce over .15 and breaks 45 might be good
[07:17] {Threei} .15 is ideal but .20 is valid indication too
[07:18] {BillyD} yes....I'm being cheap
[07:19] {dino} cov leh .96, +.20
[07:21] {Threei} BAC
[07:21] {Threei} .79 short if market helps
[07:22] {BillyD} ss nvda 45
[07:22] {Threei} agressive entry BAC possible
[07:23] {Threei} stop 48.01
[07:23] {Roman} short BAC here Vad?
[07:23] {Threei} with market downtick
[07:23] {Roman} ok
[07:23] {Threei} gotta time it as a follower
[07:23] {Threei} see how it moves in synch?
[07:24] {Roman} yep
[07:24] {BillyD} stop nvda -.20
[07:26] {Threei} sheesh... amazingly unrealiable these days, NVDA
[07:27] {BillyD} I should have done an aggressivre short
[07:27] {BillyD} just enough to stop...true to form lol
[07:28] {BillyD} ss some bac .86
[07:29] {Threei} no uptick this time with market
[07:29] {Threei} ready to die with any hint of market help
[07:30] {BillyD} it's a tough one Vad
[07:30] {Threei} what isn't...
[07:30] {Threei} :)
[07:30] {BillyD} ty...a reality check...I think I am awakening
[07:31] * Threei hits BAC with a brick over the top of BAC's stubborn head
[07:32] {esemde} AMTD back up from the dead making it's way back to the highs
[07:36] {BillyD} out bac...standing back for a bit
[07:37] {dino} ditto
[07:39] {Roman} dino, GRMN short?
[07:46] {DaveG} ..
[07:47] {Roman} LEND now at the low, down over 37%
[07:50] {Threei} AHM nice bounce
[07:52] {DaveG} :)
[07:53] {Roman} u playing AHM Dave?
[07:53] {Threei} LEND
[07:54] {dino} rfr dk grmn, sidetracked a bit here
[07:54] {Threei} one more selloff and bounce time it seems
[07:54] {DaveG} i'm long from 1.09 Roman
[07:54] {DaveG} out 1/3 at 2.09
[07:54] {Roman} amazing entry
[07:55] {DaveG} i've been watching and playing it since it was at 23
[07:55] {Threei} if no selling anymore 5 break is half lot long with stop under .80
[07:58] {Roman} JASO
[07:59] {Roman} short small
[07:59] {Roman} .97
[07:59] {BillyD} LEND struggling
[08:03] {Roman} CNQR bouncer
[08:03] {Threei} no worky
[08:04] {Roman} bidding small 25.95 area
[08:04] {BillyD} akam strong
[08:04] {Roman} took some .99 .00
[08:04] {Roman} in CNQR
[08:04] {Roman} thin
[08:08] {Roman} GERN bouncer, daily
[08:09] {Threei} nice CNQR
[08:13] {Roman} out CNQR +.53
[08:15] {Roman} FSLR dumped
[08:15] {Roman} others solars may follow
[08:15] {Threei} LEND is shortable, Billy... do we dare? :)
[08:16] {BillyD} did once already
[08:16] {BillyD} 1st braek of .75 for a dime
[08:16] {Threei} nice
[08:16] {Threei} not sharing is not nice though
[08:16] {BillyD} you have to short it into the bounces imo
[08:16] {Roman} watching shorts HOKU, SOLF
[08:17] {Threei} HOKU shortable
[08:17] {Roman} yeah
[08:21] {Roman} TASR bouncing today from oversold levels
[08:21] {Roman} not chasing it here
[08:24] {Roman} news earlier
[08:24] {Roman} AP
[08:24] {Roman} Acme Packet Shares Jump on 2Q Earnings
[08:24] {Roman} Thursday August 2, 9:34 am ET
[08:24] {Roman} APKT
[08:25] {Roman} Acme Packet Shares Jump After Company Posts Better-Than-Expected 2Q Earnings
[08:25] {Roman} SOLF short watch
[08:25] {Roman} slow , thin
[08:30] {dino} hl l ma .25
[08:34] {Roman} long GIGM setup
[08:34] {Roman} APKT new high
[08:34] {Roman} this one is a sqeezer
[08:35] {BillyD} sure is
[08:38] {Roman} IRSN radar
[08:38] {Roman} looks like news
[08:38] {Roman} vol 24k
[08:39] {Roman} don't see any news, i guess just a spike
[08:39] {dino} stopped ma
[08:39] {BillyD} in apkt .90 tight stop
[08:44] {BillyD} out -.12
[08:44] {BillyD} bids vanished
[08:44] {Roman} they want to shake it a bit and continue higher
[08:45] {Roman} IMO, on APKT
[08:45] {BillyD} well....86 i figured would get me out...I have to leave shortly so very tight stop
[08:46] {BillyD} it either went there or it didn't
[08:50] {Roman} long VDSI small & slow
[08:50] {Roman} 27.20
[08:50] {Roman} cover JASO +.30
[08:52] {BillyD} cya later and gl...hopefully back before eod
[08:52] {Roman} later Billy
[08:53] {Threei} take care Billy
[08:53] {DaveG} laters bd
[08:56] {esemde} see ya Billy
[09:00] {Roman} out 1/2 VDSI +.30
[09:02] {Roman} VRTX vad?
[09:03] {Roman} FDRY
[09:03] {Roman} possible breakout
[09:03] {Threei} no idea on VRTX
[09:05] {Roman} Hearing tier-1 firm is upgrading homebuilding stocks
[09:06] {Roman} AHM look at that
[09:06] {DaveG} out more ahm 4 +2.95
[09:09] {DaveG} good god that was cool
[09:11] {dino} gj
[09:21] {Threei} bounce time soon AHM
[09:21] {DaveG} yup
[09:22] {DaveG} aargh, i missed it
[09:25] {Threei} LVLT?
[09:26] {Roman} dave, u got some much money by now, time for you to buy OceanView Condo here in Miami
[09:26] {DaveG} lol
[09:27] {Threei} and I have bridge between mainland and Vancouver Island to sell
[09:27] {Threei} think of how much you are going to make charging for crossing over
[09:27] {DaveG} :)
[09:27] {Roman} got to enjoy every day of life (my wife says there is end of the world in 2012 according to Mayains or somethign)
[09:28] {Threei} I will have to stay away... I burned all my money preparing to 2000 end of the world
[09:28] {Roman} i can see Dave flying here in Miami wearing big gold chain with $$$ imprint, wearing fur hat, etc
[09:29] {DaveG} rofl
[09:29] {DaveG} me too!
[09:29] {dino} lol
[09:29] {Threei} they need to do end of the world less often
[09:29] {Roman} :)
[09:30] {dino} i suppose, end as we know it
[09:30] {DaveG} friend of mine just made 157 thousand dollars on the AHM call from 1.10 i gave him
[09:31] {Roman} http://survive2012.com/
[09:31] {dino} think he owes you dinner
[09:31] {esemde} Big Time!!!
[09:32] {esemde} needs to fly you someplace for the dinner
[09:32] {Roman} Dave, did he buy options or stock?
[09:33] {DaveG} stock
[09:33] {Roman} how did u know to buy at 1.09
[09:33] {Threei} so let me get this straight... Dave would give his brilliant call to some unknown friwend but not to us
[09:33] {DaveG} you never would have traded the call
[09:33] {DaveG} it was a 2 week timeframe call
[09:33] {Roman} i would buy 100 shares , why not
[09:33] {DaveG} just happened to get lucky
[09:33] {DaveG} i have to go get lunch
[09:33] {DaveG} bbiab
[09:34] {Threei} great, now he decides for us what we trade and what not... how patronizing is that {G}
[09:34] {Roman} :)
[09:34] {Roman} damit, i haven't had any big hits for a long time
[09:34] {Roman} that would be nice
[09:35] {dptl} {"()))))){
[09:37] {dino} tzix s .45, hl
[09:38] {dino} cov .00, +.45
[09:39] {dino} easy button
[09:44] {DaveG} rofl vad
[09:45] {Threei} NWRE
[09:45] {Threei} 16 break long trigger
[09:45] {Threei} volume lousy... chart is great... go figure
[09:47] {cosmo} SMDI gonna test 13
[09:48] {cosmo} ... but its lunch time on the street
[09:48] {cosmo} ...and its summer
[09:53] {cosmo} SPIL
[09:53] {cosmo} 10.42 hod
[09:59] {Roman} DSTI radar
[09:59] {Roman} don't see news yet
[10:19] {DaveG} ..
[10:35] {Threei} SMDI broke
[10:35] {Threei} nice spot cosmo
[10:35] {cosmo} yea... for the patient
[10:35] {Threei} impatient have no business to be trading in August
[10:35] {Threei} ummm... let me rephrase that
[10:36] {Threei} impatient have no business to be trading, period
[10:37] {DaveG} {ymtrader} ok
[10:37] {DaveG} {ymtrader} they are buying LEND here
[10:37] {DaveG} {ymtrader} LONG LEND
[10:37] {DaveG} {ymtrader} intraday only
[10:39] {DaveG} stop 5
[10:43] {Roman} stopped LEND
[10:43] {DaveG} ok, no worky
[10:43] {DaveG} sorry
[10:43] {Roman} np
[10:44] {DaveG} watch it go to 7 now
[10:44] {Roman} it was worth a try
[10:44] {DaveG} yup
[11:05] {BillyD} back
[11:05] {BillyD} I see Vad been talking about me
[11:05] {Threei} hmm?
[11:05] {BillyD} impatient
[11:05] {Threei} ah
[11:06] {BillyD} I see LEND finally behaving
[11:21] {BillyD} in lend .30
[11:22] {DaveG} AHM American Home Mortgage tgt cut to $0 from $3 at Friedman Billings
[11:22] {BillyD} lol
[11:23] {DaveG} that's too damn funny
[11:23] {BillyD} out +.14
[11:29] {esemde} good day everyone...getting ready to rehearse for the Temptations with my high school band here in Victoria ....Sunday night
[11:29] {esemde} have a great day
[11:29] {BillyD} bye ese
[11:29] {BillyD} u 2
[11:30] {Threei} bye ese
[11:39] {DaveG} i smell sellin'
[11:39] {DaveG} oh wait, Chris just walked by, nm
[11:40] {DaveG} cmon now, that was funny
[11:40] {BillyD} ask chris
[11:41] {DaveG} no way, he's like 6'7"
[11:41] {BillyD} lol
[11:41] {DaveG} no joke
[11:42] {DaveG} all the guys here are over 6.5
[11:42] {DaveG} they are all ex-pit traders
[11:42] {BillyD} where are you working
[11:42] {DaveG} in a trading room
[11:42] {BillyD} ah...
[11:42] {BillyD} cool
[11:43] {BillyD} no more acctng
[11:43] {DaveG} hell no
[11:43] {BillyD} thought you got similar job w/ another company
[11:44] {DaveG} not yet :)
[11:45] {BillyD} like NVDA short but know I'll get stopped unless into a bounce
[12:09] {BillyD} not looking like selling off at this point
[12:09] {Threei} AAPL, small shares long closer to 136, with NQ help
[12:10] {dino} lfslr hl l .85
[12:10] {dino} out 104.85, +1.00
[12:11] {BillyD} geez
[12:11] {BillyD} quick
[12:11] {dino} like pulp
[12:11] {Threei} sheesh :)
[12:11] {dino} yes, bit of the luck
[12:12] {dino} finally went positive today, almost broke my streek
[12:14] {dptl} have a good evening everyone see ya tomorrow
[12:14] {DaveG} take care dp
[12:14] {Threei} take care dp
[12:14] {dino} later dp
[12:21] {BillyD} Vad..any read LEND...up or down
[12:21] {BillyD} trend
[12:21] {Threei} no way to tell... it's in price shock situation and news dependent...
[12:22] {BillyD} ok
[12:22] {DaveG} epay
[12:27] {DaveG} no way epay?
[12:27] {DaveG} hey now say
[12:27] {DaveG} i smell buying
[12:29] {DaveG} here we go again
[12:29] {Threei} anyone went for AAPLK?
[12:29] {Threei} -K
[12:30] {BillyD} no it dipped under when NDX holding so past
[12:30] {BillyD} passed
[12:30] {dino} leh hl l .35
[12:38] {dino} stop leh -.20, out drys +.20
[12:40] {BillyD} ss apkt .78 stop w/ buying over .80
[12:42] {dino} ma hl l .15
[12:44] {DaveG} if anyone is in AHM, i would get out NOW
[12:44] {BillyD} cov'd most +.14
[12:44] {Threei} aggressive entries can be very rewarding eh?
[12:45] {BillyD} I'm finding I like them the best
[12:45] {BillyD} seems to work best for me
[12:45] {dino} out ma .35, +.20
[12:45] {BillyD} have to get a better feel for the stock
[12:46] {BillyD} sometimes it takes me a couple of tries to get it but very small losses
[12:47] {Threei} as it should be wirh aggressive entries... smaller probability of win, smaller losses
[12:48] {BillyD} if you study them...makes win % higher imo
[12:48] {BillyD} key is to hold for more gain when right
[12:48] {Threei} AHM is wierd
[12:49] {DaveG} please do NOT hold AHM, they are closing their doors tommorow
[12:49] {Threei} whole world sees news that it's closing doors tomorrow, and it's not at zero yet, not halted, there are actually bidders?
[12:49] {BillyD} shorts gotta cover to secure their profit today
[12:49] {BillyD} otherwise $ tied up
[12:50] {BillyD} imo
[12:50] {lklarson} have a good night all
[12:51] {Threei} this is very vague situation
[12:51] {Threei} can turn either way
[12:51] {Threei} take care lkl
[12:51] {Threei} hmmm
[12:52] {Threei} shortable
[12:52] {Threei} lol
[12:52] {DaveG} lol
[12:52] {Threei} can you believe this Billy?
[12:52] {BillyD} it's great
[12:53] {Threei} it can open at 10 cents or 5 bucks tomorrow
[12:53] {BillyD} where is lucky dino
[12:53] {dino} here
[12:54] {BillyD} AHM proposition by Vad
[12:54] {DaveG} if i start getting yelled at to buy, i'll post it
[12:54] {DaveG} until then, im staying out
[12:55] {Threei} you enter when yelled at?
[12:55] {DaveG} yes
[12:55] {BillyD} out rest apkt +.17
[12:55] {Threei} I need to study this indicator
[12:55] {BillyD} now it's gonna break
[12:55] {DaveG} you need to be in this office then :)
[12:55] {Threei} Yell - Buy
[12:55] {Threei} Loud Yell - Strong buy
[12:55] {Threei} Whisper - Sell
[12:56] {DaveG} no, first the phone rings
[12:56] {Threei} Silence - Strong Sell
[12:56] {DaveG} sigh
[12:56] {DaveG} have a good night guys
[12:56] {Threei} thank you all
[12:56] {dino} later dave gj buddy
[12:56] {DaveG} cyall am
[12:56] {Threei} have a great evening, see you tomorrow
[12:56] {BillyD} bye all
[12:57] {DaveG} uh oh phone
[12:57] {BillyD} margin call dave?
[12:58] {DaveG} no
[12:58] {DaveG} CME
[12:58] {DaveG} not for me
[12:59] {DaveG} have a good one
[12:59] {BillyD} joking
[12:59] {BillyD} cya
[13:01] {dino} heading home, thx all, cya tomorrow