RealityTrader Trading Log

Wednesday, December 3, 2008

Dec 03 2008

Not hugely active but very nice day. Mostly scalps, just couple stops, and quite a few easy profitable ones. Kind of routine day - take them, keep your stops, sell them when they spike and stall

Session Time: Wed Dec 03 00:00:00 2008

[07:49] {patience} Happy Birthday Vad   :)))))
[08:08] {Threei}  Good morning, and thank you :)
[08:09] {patience} cake this afternoon?
[08:09] {Threei}  do they make protein cakes yet?
[08:10] {patience} yes, entirely made out of chocolate
[08:10] {patience} that's protein isn't it
[08:10] {Threei}  hmmm
[08:38] {hawkfan4} good morning, n Happy B-day Vad :)
[08:39] {Threei}  thank you hawk :)
[08:52] {lisa_jay} Happy Birthday Vad.
[08:53] {Threei}  thank you lisa
[08:58] {ese} good morning....back after 2 early morning school christmas concerts   ....hows life on the board
[08:58] {ese} vad is it your birthday?
[08:59] {Threei}  hi ese
[08:59] {Threei}  yeah
[09:00] {Threei}  yesterday was great
[09:00] {ese} well well.....happy birthday.......shiskabob party????
[09:00] {Threei}  thank you
[09:00] {Threei}  nah
[09:00] {Threei}  need more solid reason
[09:01] {ese} ahhhh
[09:02] {Threei}  btw guys,
[09:02] {Threei}  if you miss a day and want a brief summary of what happened,
[09:02] {Threei}  trading logs start with little blurb
[09:03] {Threei}  http://www.realitytrader.com/tradinglog/
[09:03] {ese} is that on the web site vad?
[09:04] {Threei}  address above :)
[09:05] {dino} gm all, missed a wild monday i see
[09:05] {Threei}  dino :)
[09:06] {ese} you and me both dino
[09:06] {Threei}  makes three of us
[09:06] {dino} yeah, and i was looking for it, remember my mark up call last week
[09:07] {dino} happy b-day vad
[09:08] {Threei}  thank you
[09:08] {dino} hmm did we fill the 8046 gap monday?
[09:10] {Onix} Good morning all
[09:11] {Threei}  onix :)
[09:12] {Geo} gm
[09:12] {Threei}  geo :)
[09:12] {Onix} hi geo
[09:13] {wishbone} gm all
[09:14] {Threei}  wishbone :)
[09:16] {dptl} Happy B-day Vad :)....and good morning all
[09:16] {Threei}  ty dp :)
[09:16] {Geo} hey happy bdday 
[09:16] {wishbone} dito
[09:16] {Geo} how young?
[09:17] {Threei}  94
[09:17] {Threei}  oops, 47
[09:17] {Threei}  forgetting one year for two rule
[09:17] {Onix} hi wishbone
[09:17] {Geo} 47 sheesh
[09:17] {Geo} so i guess this chatroom is arounf for another 50
[09:18] {wishbone} hey onix
[09:18] {lisa_jay} You look younger in your photots...thought you were around 42- 43.  
[09:19] {Threei}  and I feel 34
[09:19] {lisa_jay} :-)
[09:21] {KSystems} Good morning!
[09:21] {Onix} hi ks
[09:21] {KSystems} And happy b-day Vad :)
[09:21] {Threei}  ty KS
[09:29] {Threei}  just as yesterday, let's skip first minutes
[09:34] {Threei}  OK, shapes up as buy pullbacks so far
[09:35] {Threei}  QQQQ if pulls back closer to .15
[09:35] {Threei}  UAUA closer to .10
[09:38] {Threei}  not much of pullbacks
[09:39] {Threei}  UAUA worth a try
[09:39] {Threei}  any sttrrength from here
[09:39] {Threei}  stop under .10
[09:40] {Threei}  in .223
[09:41] {Threei}  half out .34
[09:43] {Threei} Long Setup:  QQQQ  .43 if stays above .35
[09:44] {ese} I get this feeling that there will be a consistent rally one of these days.....even with Bernake's inate ability to not calm the markets....the markets seem to be shrugging off his comments....am I on the right track with those thoughts Vad??
[09:44] {dino} wmt sm l .99
[09:44] {Threei}  pretty much ese
[09:45] {ese} tks.....
[09:47] {peterg} morfning & happy b=day
[09:47] {Threei}  ty peter
[09:47] {ese} Anybody got any hedge fund stats....have they unloaded pretty much all that they can unload.....
[09:47] {peterg} q still a buy?
[09:47] {dino} fdo sm l .50
[09:47] {Geo} i read an article that only 50% unloaded
[09:47] {Geo} lemme search it
[09:48] {ese} tks geo.......
[09:48] {Threei}  hate to chase thing peter
[09:48] {peterg} k
[09:48] {Geo} http://investmentcapitalist.com/2008/11/hedge-funds-markets-trading/
[09:49] {Threei}  stopped
[09:49] {wishbone} stopped uaua qqq
[09:49] {Onix} stopped
[09:50] {ese} tks geo......just clicked on it and got the article
[09:52] {dino} fdo to b/e, mrk drop, keep tight
[09:53] {dino} stopped fdo flat
[09:55] {dino} wmt stopped .69 -.30
[09:56] {Threei}  not much rythm to the action so far
[09:57] {dino} then put some tunes on
[09:57] {peterg} Listen to the Rythm of the Falling Rain.....
[09:58] {dino} lincoln park
[09:58] {dino} linkin' i think
[09:58] {dino} real or fake bounce
[10:00] {lisa_jay} fake?
[10:00] {dino} fake
[10:00] {Threei}  NOV ISM NON-MANUFACTURING COMPOSITE: 37.3 V 42.0E
[10:00] {Threei}  - Non-Mfg Prices Paid Index: 36.6 v 53.4 in Oct
[10:00] {Threei}  - Employment: 31.3 v 41.5 in Oct
[10:00] {Threei}  - New Orders Index: 35.4 v 44.0 in Oct
[10:03] {lisa_jay} What was that ramp?
[10:03] {Threei}  no idea
[10:03] {Geo} amzn 
[10:03] {Threei}  watching it too
[10:04] {Threei}  oddly strong
[10:04] {Threei}  worth a try but entry point is tough to find
[10:07] {Threei}  anyone took it?
[10:07] {lisa_jay} No I.
[10:08] {lisa_jay} Sorry Not I.
[10:08] {peterg} for 5cents
[10:08] {wishbone} -
[10:08] {peterg} chickened out fast
[10:09] {Threei}  RIMM
[10:09] {ese} anyone on the board have positions in DRYS...dryships bulk containers......just looking at that stock and it has a huge cash position.....can take of debts until 2010 at least
[10:09] {Threei}  nice pullback into support
[10:10] {dino} nope, but baltic index drops again
[10:10] {Threei}  .60 long with stop; under .40
[10:10] {ese} tks dino
[10:11] {dino} st.com has info on it, something like current levels drys losing money, they don't have 50% of rates lockied in on 2009, so looks glum, also secondary coming i think
[10:11] {wishbone} dino what is ticker fot baltic index?
[10:12] {Threei}  over 1:1 RIMM
[10:13] {dino} www,bloomberg.com/apps/quote?ticker=bdiy:ind
[10:13] {Geo} stop vad?
[10:13] {Threei}  ?
[10:13] {wishbone} ty
[10:13] {Geo} modified stop
[10:13] {Threei}  under b/e as usual
[10:13] {Geo} i am now just under sntry
[10:13] {Geo} ty
[10:15] {Threei}  over 1:2
[10:16] {Onix} ty Vad i got .38 in RIMM
[10:16] {KSystems} Vad, do you usually move your stop for the remaining portion to b/e on 1:1?
[10:16] {Geo} all out 92   30 cents TY vad
06[10:16] * magoo slaps Threei around a bit with a large trout
[10:17] {Threei}  good morning to you too magoo
[10:17] {Threei}  welcome geo
[10:17] {dino} gj guys
[10:17] {Threei}  ks, that's the routine... half out, stop to b/e
[10:17] {KSystems} allright...i dont trade, just trying to get the feeling
[10:18] {KSystems} thanks
[10:18] {Geo} market tight range
[10:22] {magoo} happy birthday vad!
[10:22] {Threei}  ty mags
06[10:22] * Geo slaps Threei around a bit with a large protein cake
[10:22] {Threei}  yum
[10:23] {Chaeron} Happy Birthday Vad... many many more...
[10:23] {Chaeron} good morning all
[10:24] {Threei}  ty chaeron
[10:26] {Threei} Long Setup:  AMZN  .25 if stays above 44
[10:27] {magoo} in vad
[10:27] {wishbone} in .23
[10:28] {Threei}  half out .55
[10:28] {Threei}  scalpers know what to do
[10:29] {magoo} C big climb
[10:29] {Threei}  yeah
[10:29] {magoo} waiting .68
[10:30] {Threei}  I kind of forgot about it, lol
[10:30] {ese} most solars turning positive......had the you know what kicked out of them enough i quess
[10:30] {KSystems} look at rimm :=
[10:30] {wishbone} +.13, .27 ty vad
[10:30] {KSystems} :)
[10:30] {magoo} out AMZN here .61 TY vad
[10:30] {Threei}  welcome guys
[10:32] {Geo} all out .60
[10:32] {Geo} TY vad
[10:32] {Threei}  :)
[10:33] {ese} long GENZ. 01
[10:33] {ese} 1/2
[10:35] {Threei}  DOE CRUDE: -456K V +1.2ME; GASOLINE:
[10:35] {ese} stop .75
[10:35] {Threei}  GASOLINE: -1.5M V +1ME; DISTILLATES: -1.7M V +500KE;
[10:37] {ese} stopped.....rats....
[10:37] {ese} -.26 on 1/2 lots
[10:38] {ese} 1 1/2 lots that is
[10:38] {ese} what is with this computor...puts letters in when you don't type them....
[10:39] {Threei}  ghost?
[10:39] {Threei}  GM formed C&H on 1 min with .86 long trigger
[10:40] {magoo} in GM
[10:40] {ese} look at this move by GENZ.......this is the thing that causes you to drink......
[10:40] {magoo} AMZN pulled back vad
[10:40] {Threei}  with weird array of possible stops: under .80, .75 and .70, all valid
[10:41] {dino} wmt l .94
[10:41] {Threei}  not sure about AMZN here mags
[10:41] {ese} vodka not less
[10:42] {ese} thats "no less"
[10:42] {magoo} ok
[10:42] {Threei}  GM 1:1 for the tightest stop
[10:46] {magoo} waiting .99
[10:46] {magoo} screw  it OUT .96
[10:46] {magoo} TY vad
[10:46] {Threei}  lol
[10:46] {Threei}  welcome
[10:47] {Chaeron} pru
[10:47] {ese} ok ok ok....GENZ is now starting to look like one of the patterns in Vads book........in too soon....iknow i know!!!!
[10:47] {magoo} i did not kill a deer..but i just killed 3 trades  lol
[10:47] {Threei}  so now you can buy a deer someone else has killed
[10:47] {Threei}  that's what they call labor separation
[10:47] {Geo} lol@vD
[10:48] {Geo} vad
[10:48] {magoo} yeah..and prop it up in woods and shoot it again
[10:48] {Geo} ok magoo has it
[10:48] {Threei}  lol
[10:48] {ese} long GENZ .95
[10:51] {Geo} dino..... I wanted to thank you for you input on the stops
[10:51] {Geo} i realized i am also not wired for mental/manual stops
[10:51] {Threei}  I don't even understand what it means :)
[10:52] {Geo} i have been using a diff platform which automaticall throws out stops at 20 cents and i can adjust it with one click
[10:52] {Threei}  your stop is hit, you click sell
[10:52] {Threei}  what to be wired or not for
[10:52] {Geo} funnily enuff i am consistent last 2 weeks hitting my 1x almost every day
[10:52] {Chaeron} he means that his wires aren't connected
[10:52] {Geo} unlike machines like you vad i hope and pray in manual
[10:53] {Geo} in automatic i just curse and move on
[10:53] {Threei}  the way I see it Geo:
[10:53] {lisa_jay} Vad the trading robot...can I buy one for $100K?
[10:53] {Geo} i am in line too
[10:53] {Threei}  it;s better to use automatic than to blow stops,
[10:53] {Geo} yup
[10:53] {Threei}  but
[10:53] {Threei}  your goal as you evolve is to become a trader
[10:54] {Geo} gimme time vad 
[10:54] {Threei}  in a sense of working out right mindset
[10:54] {Threei}  which manifests itself in a lot of things, not stops only
[10:54] {Geo} right now..... i just want to earn while learn lol
[10:54] {Threei}  so you are running into question:
[10:55] {Threei}  will you form that mindset if you took this part of learning curve out of equation in full?
[10:55] {Threei}  won't it work like antibiotics
[10:55] {Threei}  that cure today's problem
[10:55] {ese} Grrrrrrrr....revenge trade......out GENZ .28
[10:55] {Geo} nice eze....
[10:55] {Threei}  while killing your body's ability to resist on it's own?
[10:55] {Threei}  or, better way to put it would be
[10:55] {ese} +.33 on 3/4 lot........grrrrrrrrrrrrrrr
[10:55] {lisa_jay} Wow...never thought about it that way.
[10:55] {Threei}  not letting your body to learn to resist on its own
[10:56] {Geo} the way i look at it..... vad.... i cant resist cheesecake
[10:56] {Geo} so i dont buy it
[10:56] {Threei}  okay :)
[10:56] {Geo} rather than buy and not eat
[10:56] {lisa_jay} I know myself...and i do not have strong self-control.
[10:56] {wishbone} hmmmmmm....cheesecake!
[10:56] {Geo} easier level of resistence control
[10:56] {lisa_jay} Can't say NO! :-)
[10:56] {ese} discllaimer........THIS METHOD IS NOT TAUGHT IN VADS' REALITY TRADER BOOK"
[10:57] {Geo} the cheesecake antibiotic method?
[10:57] {ese} don't try this at home......
[10:57] {lisa_jay} So it is mechanical stops for me.
[10:57] {Geo} but beware... platforms which use mechanical stops... in my opinion have more entry exit slippage
[10:58] {Geo} i justified that by thinking its still wayyyy less than my mind not holding stops slippage
[10:58] {Geo} lol
[10:58] {dino} out wmt .46, +.52
[10:58] {Threei}  to me, this comes to a matter of using crutches
[10:58] {Geo} vad youre right
[10:58] {Geo} we all do
[10:58] {Geo} we drive rather than run to work
[10:58] {Threei}  necessary while legs are recovering from trauma
[10:58] {wishbone} nice dino
[10:59] {Geo} running might make us healthy
[10:59] {Threei}  but you don't intend to use crutches your entire life, right?
[10:59] {Geo} nope
[10:59] {dino} ty wish
[10:59] {Geo} i intend to get out of the car and run a little till i feel confident
[10:59] {Threei}  gotta start walking on your own
[11:00] {Geo} but right now vad..... just want to say my fisrt consistent 2 weeks touching 1x average weekly basis
[11:00] {Geo} thanks guys 
[11:00] {Geo} learnt a lot in this room
[11:00] {Geo} and no am not leaving :)
[11:00] {magoo} did u learn this?
06[11:01] * magoo slaps Geo around a bit with a large trout
[11:01] {Threei}  what do you mean you are not leaving?
06[11:01] * Geo slaps magoo around a bit with a large deaD DEER
[11:01] {Geo} I USED "LEARNT"
[11:01] {Geo} oops
[11:01] {magoo} club shot 2 coyotes and a bear
[11:01] {magoo} and we killed 3 kegs lol
[11:01] {Threei}  opld russian joke about your governor in a public bus
[11:01] {Geo} your wooden club shoots dino?
[11:02] {Threei}  someone behind him asks him if he gets out on the next stop
[11:02] {Threei}  he says yes
[11:02] {Threei}  guy asks What about those in front of you?
[11:02] {Threei}  he says Yas, they do too, they just don't know it yet
[11:02] {Geo} lol
[11:03] {magoo} vad, great movie about russian - german conflict ww2...enemy at the gates 
[11:03] {dino} lol
[11:04] {magoo} u ever see it?
[11:04] {Threei}  trying to remember
[11:04] {Threei}  I remember I was going to
[11:04] {Threei}  wow GM
[11:04] {magoo} aesome...russian sniper against a german one
[11:04] {Threei}  no news that I see
[11:05] {Threei}  ahha
[11:05] {Threei}  yes, saw it
[11:05] {dino} cvx sm l .50
[11:07] {wishbone} What did one snowman say to the other?
[11:07] {ese} ?????
[11:07] {wishbone} smells like carrots
[11:08] {ese} hmmmmmm
[11:11] {dino} bj l .77
[11:13] {Threei}  Canadian prime minister to address the nation today on TV
[11:13] {ese} haven't heard of that one before dino......wholesale club....
[11:13] {ese} nice trade though
[11:14] {ese} what type of chart do you follow dino..... 1min 5 min 3min?
[11:14] {dino} bj stop to .00
[11:14] {ese} thing of beauty dino
[11:15] {dino} \out bj .,00, +.23
[11:15] {wishbone} nw dino
[11:16] {dino} ty
[11:23] {dino} out cvx .60, +.10, oils are tough lately, imo
[11:26] {Geo} mbi has a nice entry
[11:37] {dino} bj l .60
[11:41] {dino} going for hod
[11:41] {dino} markets
[11:45] {Threei}  BRCM
[11:45] {Threei}  watching for pullback entry
[11:46] {Threei}  15 nearest support
[11:47] {Threei}  missed .08
[11:47] {Threei}  don't want to chase
[11:47] {Threei}  first market strength from here
[11:48] {Threei}  BRCM needs market support
[11:49] {Threei}  in
[11:49] {magoo} in
[11:49] {wishbone} in
[11:51] {Threei}  come on NASDAQ, you know you want to retest the high
[11:51] {Chaeron} in
06[11:52] * Threei kicks NQ in the rear
[11:52] {magoo} weheres your exit?
[11:52] {Threei}  want to partial near .20
[11:58] {Threei}  WSJ: UAW LEADERS ARE NEAR TO REVISING TERMS OF 2007 CONTRACT, CHANGING TERMS ON JOBS BANK
[11:58] {Threei}  {GM F}
[11:59] {Threei}  half out BRCM .19
[12:00] {magoo} how many  take?
[12:00] {Threei}  2
[12:00] {magoo} me too
[12:00] {dino} out bj .72 +.12 lousy entry
06[12:01] * Threei reiterates kick to the NASDAQ rear - get up and go, you lazy bum
[12:03] {dino} dino keeps hearing a "thud" at his door, thinks 3i missing his mark w/boot
[12:03] {Threei}  rofl
[12:03] {Threei}  it can happen, I am known to be somewhat indiscretionary with my kicks
[12:04] {Threei}  liking the bvery process of kicking too much to care about the precise subject of kicking
[12:05] {Threei}  "with good kicking techniques, bum will present itself"
[12:05] {Threei}  stop for BRCM balance is under .05
[12:06] {dino} not, calling me a bum, :)
[12:06] {Threei}  lol
[12:09] {Threei}  GE
[12:09] {Threei}  bounce scalp candidate
[12:10] {magoo} mkts falling here a little bit vad
[12:10] {Threei}  yup
[12:10] {Threei}  BRCM holding rather well
[12:11] {magoo} im out..but may reentter
[12:15] {Threei}  GE
[12:15] {Threei}  in .53
[12:15] {Threei}  stop under .40
[12:15] {Threei}  half lot
[12:16] {Threei}  1:1
[12:17] {Threei}  out .67
[12:17] {Threei}  anyone?
[12:17] {peterg} yep, ty
[12:17] {peterg}  made my few cents.
[12:17] {magoo} missed
[12:18] {magoo} sorry
[12:18] {magoo} was rreading real money
06[12:18] * Threei slaps whole room except peter around a bit with large cap of strong coffee
[12:18] {magoo} and failed to make "real money"
[12:18] {dino} how ironic
[12:19] {Threei}  out BRCM balance
[12:19] {wishbone} stopped brcm
[12:22] {dino} bj l .20
[12:24] {dino} out .32, +.12
[12:25] {peterg} nice
[12:25] {dino} ty
[12:31] {magoo} BRCM looks good here vad?
[12:32] {Threei}  hard to tell... pretty much depends on what market does from here
[12:32] {Threei}  and that's not very clear
[12:32] {dino}  layn l .50
[12:55] {dino} fdo l .49
[13:00] {Threei}  toal stall
[13:00] {Threei}  total
[13:02] {dino} out layn .705, +.205
[13:03] {magoo} waiting on beige book i guess
[13:03] {magoo} gonna be real bad
[13:03] {magoo} but mkt expects it to be real bad
[13:03] {Threei}  hard to imagine it being any other
[13:03] {dino} what time?
[13:04] {magoo} 2
[13:04] {Threei}  let me rephrase
[13:05] {Threei}  hard to imagine beige book being any other color than pitch black
[13:05] {magoo} if IF mkt shakes it off...we be in end of year rally mode 
[13:06] {Threei}  that's what I hope for
[13:06] {Threei}  not because rally is the only hing we can trade,
[13:06] {Threei}  rather because that's the turn of event that will be the easiest to read
[13:09] {Chaeron} I like easy
[13:09] {Threei}  who doesn't
06[13:18] * magoo slaps Chaeron around a bit with a large trout
06[13:20] * Chaeron slaps magoo around a bit with a large trout
[13:24] {dino} fdo stopped -.19
[13:24] {dino} bj s .75
[13:28] {magoo} vad, whats lasers symbol for the spx please?
[13:29] {Threei}  "/sp8z"
[13:31] {magoo} no worky
[13:31] {Chaeron} gotta sign up for futs
[13:32] {Chaeron} smack LaserDave for that
[13:32] {magoo} ah
[13:32] {Threei}  you may not have CME feed then
[13:32] {magoo} ah ah
[13:32] {Chaeron} yeah... that
[13:36] {dino} cov bj .64., +.11
[13:41] {dino} bj s break of .50
[13:59] {magoo} seconds away
[14:00] {magoo} i can't take  it
[14:00] {magoo} DISMAL
[14:00] {dino} fdo l .11
[14:01] {Threei}  FED'S BEIGE BOOK: ECONOMY WEAKENED ACROSS ALL DISTRICTS IN OCT
[14:01] {Threei}  no really?
[14:03] {dino} shocking
[14:03] {magoo} stunning
[14:04] {Threei}  MANUFACTURING DECLINED IN MOST DISTRICTS,LENDING CONTRACTED, LOANS TERMS TIGHTER DURING PERIOD
[14:04] {Threei}  - Tougher conditions existed for car buyers in 5 regions
[14:04] {Threei}  - Mining and energy production declining, sees weakness in comercial real estate markets
[14:04] {Threei}  - Most districts had weak housing markets, with low but stable activity
[14:04] {Threei}  - Notes that labor markets are becoming weaker, with price pressures coming down
[14:04] {Threei}  - Retail sales down, vehicle sales down more so
[14:04] {Geo} gs
[14:04] {Threei}  I am both, shocked and stunned
[14:07] {Threei}  trying to gauge market's reaction
[14:07] {Threei}  although it feels like it's non-event at all
[14:08] {Chaeron} so we're going to list aimlessly til year end?
[14:11] {Threei}  why?
[14:12] {Threei}  there are a lot of things to happen yet, to kill or prop the markets
[14:12] {Threei}  GM develoments for instance
[14:15] {Threei}  OPEC PRESIDENT KHELIL: THERE IS NO FLOOR TO CRUDE PRICES, PRICE PRESSURES ARE EASING
[14:15] {Threei}  no floor?
[14:16] {dino} all l .55
[14:21] {dino} out fdo .33, +.22
[14:21] {wishbone} nice dino
[14:22] {Threei}  FED'S LACKER: DOES NOT OPPOSE MONETIZING GOVT DEBT TO FIGHT DEFLATION, NO NEED TO BUY TREASURY SECURITIES - Q&A
[14:22] {Threei}  - Quantitative measures could mean monitizing debt.
[14:22] {Threei}  - Fed must tread carefully if monizing US debt.
[14:22] {Threei}  - Reiterates that the Fed should not provide aid for automakers
[14:25] {dino} out all .85, +.30
[14:25] {dino} ty wish
[14:27] {Geo} wow NQ move
[14:27] {Geo} you trading/watching vad?
[14:28] {Threei}  beaiting myself up for missing UAUA
[14:29] {Geo} ok :)
[14:30] {dptl} have a good evening all...leaving early
[14:31] {Threei}  slacker
[14:31] {Threei}  take care :)
[14:31] {dptl} :)
[14:32] {Chaeron} yeah... dp was here when you were on vacation and you call HIM a slacker
[14:32] {Threei}  that's what I do
[14:32] {Threei}  call people names
[14:32] {Threei}  blame them for my own faults
[14:32] {Threei}  you have anything against this??
[14:32] {dino} layn l .75
[14:34] {dino} fdo l .50
[14:34] {magoo} seems mkt no care about beiuge
[14:42] {magoo} uh vad? what u doin?
[14:43] {Threei}  trying to find something tradable?
[14:44] {Threei} Long Setup:  ADBE  .20 break
[14:44] {Threei}  half lot
[14:46] {Geo} stop under 10?
[14:46] {Threei}  last pullback bottomed out at .09
[14:46] {Geo} y
[14:48] {dino}  out layn .99, +.24
[14:50] {Threei}  1:1
[14:50] {Threei}  half out
[14:50] {Threei}  stop to under .20
[14:51] {Threei}  yawn
[15:02] {Threei}  both UAUA and ADBE are bounce candidates
[15:03] {Geo} i am carefull
[15:03] {Geo} bonds on high of day 
[15:03] {Geo} hitting hard
[15:03] {Threei}  just scalps if you go for entries
[15:03] {Geo} ok
[15:04] {wishbone} what does bonds on high of daymean geo?
[15:04] {Threei}  took .03 ADBE and .74 UAUA
[15:05] {dino} interest rates dropped
[15:06] {Threei}  out UAUA +.14
[15:06] {magoo} waiting .93
[15:07] {Geo} out UAUA 10 cents thanks
[15:07] {Threei}  out ADBE +.13
[15:07] {Geo} couldnt do 2 :)
[15:07] {Threei}  easy money
[15:07] {Geo} but happy with my day.......
[15:07] {Geo} also wishbone bonds on high usually tamps down stocks for a little while
[15:08] {Geo} flight to safety
[15:08] {magoo} out UAUA TY vad
[15:08] {Geo} i personally use it as a signal
[15:08] {wishbone} ok ty
[15:08] {Threei}  welcome guys
[15:08] {Threei}  nice scalping footwork
[15:08] {Geo} learned from the bdday guy
[15:08] {Threei}  very safe and with immediate gratification
[15:09] {magoo} out ADBE here TY vad
[15:09] {Threei}  :)
[15:12] {dino} gme l .50
[15:22] {dino} out gme .65, +.15
[15:27] {magoo} VVVVVVVVVAAAAAAAADDDDDDDDDDDDDDDD
[15:27] {magoo} wghat u doin?
[15:27] {Threei}  sheesh
[15:27] {Threei}  scared me
[15:27] {Threei}  nothing
[15:28] {Threei}  market is locked in a very narrow range
[15:28] {Threei}  ADBE starts looking like short on 22 break
[15:31] {dino} whipping around +70-+20 crazy
[15:31] {Geo} adbe valid vad?
[15:31] {Geo} whats the invalidating?
[15:32] {Geo} .1`5?
[15:32] {Threei}  just need it to consokidate a bit tighter
[15:32] {Geo} nice wedge on Qs
[15:34] {dino} here comes +70
[15:35] {dino} breakout
[15:35] {Threei}  for sure invalidated now
[15:37] {dino} fdo out ave. +.10
[15:41] {dino} layn l .90, gappy careful
[15:44] {Geo} .
[15:51] {Geo} anyone trading
[15:51] {Geo} ?
[15:51] {Geo} i am just scalping NQ
[15:51] {patience} what to trade?  not my style
[15:51] {Geo} ok
[15:51] {Threei}  WSJ US TREASURY CONSIDERING PLAN TO STOP HOUSING PRICES FROM FALLING
[15:52] {Geo} where do i sign up?
[15:52] {Threei}  they'll buy houses?
[15:52] {dino} y
[15:54] {wishbone} vad for previous scalp on bounce of uaua and adbe [12:03]. what was stop?
[15:55] {Threei}  just under nearest support for both
[15:55] {Threei}  under 22 for ADBE
[15:55] {Threei}  under .70 for UAUA
[15:55] {wishbone} ty
[15:55] {Geo} in ADBE !
[15:55] {Geo} oh not  a call out
[15:55] {Threei}  ?
[15:56] {Geo} just kidding
[15:56] {wishbone} lol
[15:56] {Threei}  geo... starting drinking early today? :)
[15:56] {Geo} i only drink wheatgerm
[15:56] {Geo} (with vodka)
[15:56] {Threei}  Ok guys, thank you all
[15:56] {Threei}  have a great evening,
[15:56] {Threei}  see you tomorrow
[15:56] {wishbone} ty good nite all
[15:56] {magoo} ty vad
[15:57] {Geo} thanks vad..... 
[15:57] {KSystems} good night!
[15:57] {dino} have a happy bday vad
[15:57] {Threei}  thank you, I will