RealityTrader Trading Log

Monday, June 16, 2008

Jun 16 2008

Session Time: Mon Jun 16 00:00:00 2008

{Threei} testing waters with one toe... Good morning!
{peterg} So far so good--blue print! gm
{Threei} hi peter... blue it is
{peterg} perhaps a touch of purple....
{Threei} still, yes, but it receeds
{peterg} very nice
{Threei} NYMEX FRONT MONTH CRUDE HITS FRESH ALL-TIME HIGHS ABOVE 139 LEVEL- TRADERS
{Threei} - Earlier chatter circultyed that Saudi Arabia will not be able to meet its speculated oil output of 10M BPD
{cosmo} looks like a blue monday
{Threei} yes cos
{cosmo} ACAD pre mkt recovery high = 4.25 fyi
{cosmo} ....so far
{Threei} news supply was the last of trading-related to restore... just did
{peterg} hmmm. evil genie now in Minneapolis; computer failing...
{Threei} jeez... what a run I missed on SQNM
{Threei} so... some of discoveries over last few days
{Threei} 1. Murphy was right
{Threei} when things start go bad, they don't miss anything
{Threei} 2. My skills in swearing in two languages are fair, although Russian still beats the heck out of any other
{Threei} in this regard
{pita} morninng
{Threei} 3. Before making those "infallible" backups with fancy software on fancy external hard drives, make sure those harddrives are formatted in today's file system, not in stone age
{Threei} pita :)
{Threei} 4. slapping magoo with a trout really helps feel better
{Threei} not bad for life experience accumulation over just 4 days eh?
{cosmo} ...the first 4 maybe...
{cosmo} ACAD
{fernp} good morning
{Threei} fern :)
{pita} whatever happened Vad, welcome back
{Threei} thank you
{cosmo} ACADIA Pharmaceuticals announces results from ACP-104 phase IIb schizophrenia trial; did not meet its primary endpoint
{fernp} you are welcome
{dino} gm all
{peterg} any ideas how to play ACAD?
{Threei} dino :)
{cosmo} ACAD needs to hold 4.10
{cosmo} should hold 4.20
{cosmo} ...could heal
06* Threei slaps magoo around a bit with a large trout
{Threei} yep... feels really good
{magoo} morn..that was quick:)
{Threei} was aiming at the door, waiting for you to appear at the doorstep
{cosmo} always wait for the whites of their eyes, i say
{Threei} hehe
{Threei} ACAD was 3 earlier
{Threei} quite a bounce
{Threei} careful
{Threei} OK guys, take my calls as "getting feel back" for now
{Threei} half lot... etc
{Threei} ENER
{Threei} small shares long .90
{Threei} offer it here
{Threei} take profit, wait for pullback
{Threei} out +.60
{patience} that was fast, missed the entry...nice one vad
{Threei} :)
{Threei} up a buck from entry
{dptl} good morning all
{Threei} dp :)
{Threei} UK DIPLOMAT CONFIRMS EU MINISTERS AGREE TO IMPOSE NEW FINANCIAL AND OIL & GAS SANCTIONS AGAINST IRAN
{Roman} 21 OMNI
{Roman} 21 long small
{Threei} you lost your color Roman?
{Roman} 21 SEED
{magoo} is there neg news AAPL?
{Threei} nope
{Roman} 21 long EMKR
{Roman} 21 off 7.90
{Threei} SQNM
{Threei} .11 long
{Threei} tough one
{Threei} but looks like resumption
{Threei} stop under 14.80
{Threei} can take a few tries
{Threei} if takes .25, 16 is not out of question today
{dino} cpla sm l .00
{Threei} stopped
{magoo} me too
{magoo} gabbed .03
{Threei} REMINDER: FED CHAIRMAN BERNANKE TO APPEAR BEFORE THE SENATE FINANCE COMMITTEE AT 10AMET
{Threei} - the topic is "Challenges for Health Care Reform"
{Threei} - there will be a prepared text and a Q&A.
{dino} cqb blood
{Threei} EU SPOKESWOMAN: NO NEW SANCTIONS AGAINST IRAN WERE DISCUSSED OR AGREED TO AT MONDAY'S FOREIGN MINISTER MEETING
{Threei} - This conflicts with earlier reports from US and UK officials.{
{Roman} 21 IVAN
{Roman} 21 long 3.06
{Threei} second try SQNM
{Threei} .71 long
{Threei} stop under .50
{Threei} half lot goes without sayng
{Roman} 21 long JASO
{Roman} 21 19.90 stop 19.68
{Threei} SDTH .44 long
{Threei} .34 stop
{dino} out cpla .50, +.50
{magoo} nicere dino
{dino} ty
{dino} cqb l sm .65, risky
{Threei} CSUN
{Roman} 21 CRDC radar, low vol
{Threei} .20 long
{Threei} no worky SQNM
{Threei} leaving it along for now
{magoo} yup..0 for 2 on it
{Threei} nice JASO Roman
{Threei} ty
{Threei} come on CSUN, catch up
{Roman} 21 out 1/2 .34
{Roman} 21 not bad
{Threei} not at all
{Roman} 21 CTDC
{Roman} 21 feel like can get a scalp but not clean setup
{Roman} 21 CTDC
{Roman} 21 CRDC
{Roman} 21 wants over $10
{judijim} good morning everyone
{Threei} jj :)
{Chaeron} Good morning all
{Threei} chaeron :)
{Chaeron} CSUN
{dino} acad sm l .50, risky
{Threei} XIDE
{Threei} interested in pullback to 14.90 for long entry
{Threei} watch for support and strength resumption
{Threei} if loses .90, no interest anymore
{Chaeron} 16.90?
{Threei} yeah
{Chaeron} what's 2 bucks? :)
{magoo} out jaso here, ty rfrf
{dino} gj
{Roman} 21 i am trailing my remaining position
{Roman} 21 WM trying
{dino} out cqb .10 +.45
{Roman} 21 FCEL got scalp in it
{magoo} crap vad..justt answered phone..it was ENER
{Threei} I knew it and didn't pick up the phone
{dino} fdp l sm .75
{Threei} FED'S BERNANKE: IF ENTITLEMENT SPENDING IS NOT CONTROLLED, THERE MAY BE SOME EFFECT ON INTEREST RATES
{Threei} what's entitlement spending?
{Threei} his salary?
{dino} acad stop to b/e
{dino} fdp stopped -.30
{Threei} SQNM, how to find an entry on this animal
{magoo} yeah...better as a bouncer i guyess
{Threei} yes, but there is no any indication of bottoimng out
{Threei} second attempt was for bounce
{Threei} and it went and made new low
{magoo} so we need to consider it fall farther than reasonable...i dunno
{magoo} is or does ENER usually range 7 points a day like bidu?
{Threei} usually, no
{Threei} but it's volatile one
{magoo} news on it?
{dino} acad stop to .68
{Threei} no
{Threei} just right sector
{magoo} 75 coming
{Threei} CSUN stop to under 11.10
{Threei} what just happened?
{Threei} regardless... half out CSUN here
{dino} acad to .79, slow one
{magoo} l aapl .30
{Threei} wake up guys
{Threei} did I go through all the torture over weekend only to hear you snoring?
{magoo} out AAPL .98
{magoo} + big
{Threei} wtg
{magoo} in no time
{dino} safm feels like drop coming
{magoo} shit laser got me 172
{Threei} and just in time for exit mags
{Threei} beautiful timing
{magoo} huh?
{Threei} what huh... I say great exit
{magoo} on what ?
{Threei} sigh
{magoo} he he
{hawkfan4} lol
{magoo} hey..thats for life lesson number 4 u posted earlier lol
{Threei} haha
{magoo} thought i missed that eh?
{dino} acad to .97
{dino} out acad +.47, at .97
{Threei} even if you missed it, I would make sure I repost it
{Threei} FEED
{Threei} half lot long .46
{Threei} stop under .20
{esemde} morning everyone..quick sign in to say and quick sign out....we are having sewer drain problems....pretty standard for Oak Bay Victoria...i'm sure patience can identify
{Threei} hi ese
{Threei} yikes... hope it gets fixed
{esemde} see ya'll tomorow....
{Chaeron} bye ses
{Chaeron} ese
{pita} later all
{Threei} take care pita
{magoo} nbye pita
{dino} that sucks es
{Threei} FEED stop to .35
{Threei} half out FEED .70
{Threei} +.24
{Threei} stop to .39
{Threei} offering second half .95
{Threei} RSOL?
{Threei} AAPL
{Threei} HEARING VAGUE CHATTER THAT CO. WILL FORMALLY COMMENT THAT CEO JOBS IS PERFECTLY HEALTHY
{Threei} RSOL solar IPO in May
{Threei} atarted around 9
{Threei} atarted
{Threei} sigh
{Threei} strated
{Threei} lol
{magoo} sheesh
{Threei} CSUN new high
{Threei} stop to under .20
{Threei} FEED stop to .49
{Threei} no lose territory
{Threei} for adrenalin-deprived, RSOL .50 long
{Threei} if stays above .20
{Threei} I guess if SQNM breaks .80 again I'll just buy it and close my eyes
{magoo} rimm sh loss 139
{magoo} stop .23
{dino} cqb sm l .15 risky
{magoo} no work
{magoo} crazy strong rimm
{magoo} it will never ever pullback again..ever
{dino} ibkc
{magoo} out feed here vad .77 TY
{Threei} welcome
{Threei} I am still holding second half
{Threei} here is the description of what I felt this weekend:
{Threei} I prayed that my backup waorked. My prayers were answered. Too bad that answer was No
{Threei} is it me or charts are down?
{Threei} OK, back on chartserver 5
{Threei} stop to .55 FEED
{magoo} mine down
{Threei} quoteserver7, chartserver5 fine here
{magoo} no charts here any server
{dino} cqb stop is .97 fwiw
{magoo} anyone else no charts at all?
{Threei} who are you asking magoo? don't you see they are all asleep?
{dino} cqb stopped -.18
{magoo} wierd yours good my not
{Threei} tried 5/7?
{magoo} yup
{Chaeron} all good here
{Threei} maybe shut it down and restart mags? looks like it's on your end
{magoo} im gonna have to try that i guess
{Threei} out FEED in full .89
{Threei} +.43
{Threei} nobody cares... why am I still here
{hawkfan4} nice one vad, thx
{hawkfan4} :)
{Threei} OK... I am here for hawk
{hawkfan4} :), and i am going to get some lunch
{Threei} that's it
{Threei} I am going to get some lunch, dinner and tomorrow's breakfast
{Threei} lest I wake up anybody
{magoo} ok..thats got charts baclk
{Threei} :)
{Threei} whoa FEED
{Threei} out CSUN in full
{Threei} +.38
{Threei} EU OFFICIAL: NOTES THE EU IS READY TO ISSUE STRONGER FINANCIAL SANCTIONS AGAINST IRAN
{Threei} another market spike is coming it feels
{magoo} dino just asked me...and i said feels up
{Threei} REPORTLY US-CHINA INVESTMENT PACT IS "VERY POSSIBLE" - UNCONFIRMED REPORT
{Threei} FED'S LACKER: INFLATION IS UNACCEPTIBLY HIGH
{Threei} wires take typing lessons from me
{Threei} reporty... unacceptibly
{Chaeron} why... was it supposed to read: Fed Slacker...?
{Threei} lol
{Threei} FEED probably has another chance if takes .24 - .25 zone, as long as stays above 15
{Threei} JUNE NAHB HOUSING MARKET INDEX: 18 V 19E
{magoo} u in feed?
{dino} sm l safm .256
{dino} .25
{magoo} my data real clunky today
{Threei} RSOL nears that dreaful trigger
06* Threei slaps laserdave1 around a bit with a large trout
06* Chaeron slaps laserdave1 around a bit with a large trout
{Threei} bth, laserheards (to use magoo's expression),
{Threei} you know you can set T&S so you see on which route trade took place?
{Chaeron} wow... is this the tip of the day? How so? What do I click on?
{Threei} right click on T&S
{Threei} check box ECN only
{Threei} watch prints scrolling with indication where print occured
{Chaeron} cool... thanks
{Threei} :)
{Threei} market spike
{hawkfan4} oil went negative
{Threei} I am not crying
{Threei} maybe I am just insensitive
{Chaeron} (or Threei short oil)
{Threei} nah
{Threei} this battle will occur without me
{Threei} although I am pretty sure it's a bubble about to burst, but timing is near impossible
{Threei} it can deliver a lot more pain before it finally breaks to pieces
{Threei} here is interesting question though:
{Threei} what will rate hike do to stock market?
{Threei} traditionally it's considered negative, right?
{Threei} shees CSUN... this one I sold too soon too
{Chaeron} shows that's there's economy strengthening?
{Threei} pleased that despite being out of arket for a few days I can pick strong winners though
{Threei} in this particular case though, we have another factor to consider
{Threei} rate hike strengthens USD, sends oil/gold down,
{Threei} which is a boost for stocks
{Threei} things are getting too complicated for my 2x4 thinking :)
{Threei} laserdave, look dcc please
{dino} rate hikes, historically the first 100 basis points we rally, it's the end of the cycle we drop, then rates drop too
{Threei} makes sense
{Threei} wow
{dino} yes, usually hikes occur because things are humming along
{Threei} see prints on SQNM chaeron?
{Threei} huge reserve on ISLD taken out
{Threei} not sure what practical use of this could be but it's fun to watch
{Threei} and I am all for fun
{Threei} heavens know I need it after this computer debacle :)
{Chaeron} yes.. thanks... nice to see.. and I like fun
{Threei} FED'S LACKER: BALANCE OF RISKS HAVE CHANGED, WILL HVAE TO ADJUST RATES ACCORDINGLY - Q&A
{magoo} laser dcc when u can
{Threei} - Notes the weaker USD impact is a large risk to potential inflation
{Threei} IMO... Fed are trying to prop USD by verbal message for now
{Threei} signalling possibility of intervention or rate hike or both
{dino} safm stopped =.35
{Threei} if they suceed it will be be a vin-win
{Threei} if not, they'll try to start intervention on a small scale
{Threei} sending a message they are serious
{Threei} and trying to leverage it... reach big effect by small measures
06* magoo slaps laserdave1 around a bit with a large trout
{magoo} LASR DCC when u get chance
{dino} traditionally, the currency markets cannot be moved by intraventions, pops here and there, but currency based upon ecomony and traders, just too big for gov't to effect long term. remember japan in the 90's
{dino} will need higher rates, better economy to strengthen longer term. imo
{Threei} so far shaped up as very nice day, even with two SQNM stops
{hawkfan4} agree
{Threei} look who is here
06* Threei slaps GeoArb around a bit with a large trout
{GeoArb} hey vad
{Threei} :)
{GeoArb} just a quick hello
{Threei} hi
{GeoArb} cant open up a dcc for some reason
{Threei} I just did
{GeoArb} bye all and trading wishes !
{Threei} FED'S LACKER: FED HAS WAITED TOO LONG IN PAST TAKE BACK MONETARY EASING, FX INTERVENTION BY CENTRAL BANKS A 'MISTAKE' - Q&A
{Threei} - Notes the timing of taking back Fed eases is 'tricky', will take several months to know how consumer spending has been trending
{Threei} OIL HAS SPILLED FROM A PIPELINE IN NORTH OF CALGARY, CANADA
{Threei} see, we so much stuff, we spill it on the ground
{fernp} I have to go out. See you tomorrow. have a good nite
{Threei} take care fern :)
{dino} take care
{magoo} bye femp
{judijim} take care be back tomorrow
{dino} cya
{magoo} bye jj
{magoo} vad,what u think?powerup?
{Threei} most likely
{magoo} u stalking anythin?
{Threei} just waiting for something to come up
{Threei} none of previous runners look primising
{Threei} except maybe FEED
{dino} clunky and dead out there
{Threei} yup... good thing morning was active enough to provide
{dino} yes, afternoon is toast
{magoo} yeah..if u snooze u looze
{Threei} look who is back from dead
{Threei} QTWW
{Threei} discussion of hydrogen cars on TV
{Threei} quite interesting
{dino} .
{dino} having dsl issues
{Threei} you and magoo take turns connecting and losing connection again dino
{Threei} I guess that was caused magoo to lose quotes earlier
{dino} yes, cyber out, whole trade layout gone, have to re-load everything. done trading for today. good one, luclily
{Threei} layout is not saved on your machine?
{dino} usually is, for some reason gone.
{dino} in any case, later all, have to fix this
{Threei} take care dino
{dptl} have a good evening all
{dino} ty\
06* Threei slaps dptl around a bit with a large trout
{dptl} :)
{Threei} thank you all
{Threei} have a good evening, see you tomorrow
{hawkfan4} thx vad